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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Dec 29, 1921
Page
13
Washington notes major declines in farm crop values across ten states in the latest government bulletin. Prices paid to farms December to date show lower values for several crops, with overall farm crop values down from last year. The report cites cotton and other staples, and hints at a broader agricultural economic slowdown affecting producers.
The bond market climbs with rails and industrial shares higher. Foreign bonds hold steadier notes while several issuers report price declines and mixed demand. A syndicate led by major banks issues 7 million state of California railroad bonds at a 4.20% yield, slated for sale November 7, 1941, through July 1994, with prices to yield 4.20 percent.
The article lists dividend dates for American Chain Company and Abercrombie & Pitch, with preferred and common stock details and rates. It notes specific sums of outstanding preferred stock, quotes, and upcoming quarterly payouts. It also mentions tax notices, town meetings, and bids for additions and improvements with required certified checks and deposit terms.
Chicago grain trading ends unsettled as corn and oats fall slightly while wheat fluctuates driven by expectations of government crop figures. Traders weigh a bearish 1931 crop outlook against expectations of a bullish acreage and condition report, with dry southwest weather adding to market volatility.
The Consolidated Exchange shows buoyant activity with notable price shifts across multiple industrials. Bethlehem Steel, Pressed Steel Car, Pan American, Mexican Petroleum, American Sugar, Baldwin, American Anaconda, Northern preferred, and Pacific among others react strongly as per cent advances or changes in early hours, with a focus on steel, petroleum, and related sectors.
Market notes from December 28 in Canada show BIL positions at 23 and a Januacy offerer price of 4.39. Eggs drop 14 cents with wholesale sales easing. A misprint filled with scattered data mentions volumes and daily changes, including a drop in redays and a reference to a Chetil rik Wolidiay wart.
A damaged OCR snippet mentions money and numbers but lacks clear details. Readable items include vague figures and possible names, but the overall meaning is uncertain. The fragment suggests a money related note or transaction with unclear subjects and amounts.
Raw sugar futures fell sharply, reaching a record low as market figures showed a drastic price drop. Analysts attributed the decline to supply concerns and weak demand signals, with traders assigning little support to the commodity amid ongoing market volatility.
Trading in stocks moved higher with broad participation across industries led by rails, shippings, steel and formers. Strong pockets included American Car, Pressed Steel Car, Mexican Petroleum, General Asphalt and Merchant Marine, while railroad issues and eastern European bonds showed gains despite mixed foreign cues. Total sales reached about 10,000,000 shares.
International currency activity shows mixed demand across major pairs as investors weigh steady recovery prospects. Traders monitor policy stances from central banks and upcoming data releases to gauge future exchange rate trajectories.
New Haven Conn Dec 28 Philip Dollow a Dania merchant filed a bankruptcy petition listing liabilities of 5432 dollars with assets not shown. The case appears in the Liberty Bonds era notices and reflects a local merchant facing insolvency.
Butter prices in New York show uneven trading with creamery notes higher on certain items. Whole milk specials trend mixed with lower grades and skim offerings. overall market activity remains irregular and value shifts vary by grade and product.
In New York on January 28 strength appeared in Simms Petroleum, with initial output around 12 000 barrels daily. Other sectors showed irregularity but overall firmness in certain issues. Copper rights traded to new highs at opening then cooled. bond market remained featureless.
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