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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Dec 30, 1924

Page

17

Stock market ends oscillating session with gains and losses

Irregular trading in New York stocks shows mixed advances from 3 to 7 points while several issues drop 1 to 4 points. Bearish news dominates with high call money and large loan calls. Sterling hits 4.73 1 8, a peak since 1919, as France debt concerns and German actions temper sentiment. rails weaken while industrials drift downward.

Bridgeport Telegram Richard Spillane New York Kalloan

General Electric Gains 1061 Points on NYSE

General Electric stock sold at 37 on the New York Stock Exchange, completing a rise of 106 in the low price range. The active trading continued a movement since last June, with Wall Street rumors of a stock split and distribution of surplus denied by company officers.

New York General Electric New York Stock Exchange Wal Steet

Poultry Market Ruling Firmer Eggs Are Steadier

New York report notes firmer poultry market with steady egg prices across varied grades. Broilers and chickens show price ranges from 34 to 87 cents per pound in places, while milk and fruit markets also reflect stability, with white and brown eggs holding steady and mixed poultry classes listing modest gains or steadiness.

New York Brotlers Eximaa Ladlen Denver Wiscongin Young Americas Kors Micket Hermindas Jersey & Southern OMIRY

Liberty Bonds and United States Debt Entry Noted

Fragmentary OCR shows figures and names likely relating to Liberty Bonds and United States debt entries. Readable items include numbers resembling bond values and a possible name Lois Leorgty, with scattered references to dates or identifiers. Overall content is incomplete and uncertain but centers on Liberty Bonds and U.S. securities.

Dairymen's League Buys New Property

In New York on December 29 the Dairymen's League Association announced the purchase of the lust iness and properties of the W. AE Koeans Deiry company, retailers in Kingston counties. The move is described as a strategic acquisition announced here today.

New York W. AE Koeans Deiry Company He Dairymen Lee

State Treasurer Seeks Receiver For Traction 60

New London Dec 2 Pro: Closure of a mortgage of 875000 secured by all property of the company has been brought by the State Treasurer Anson T McCook at the Groton and Stonington Street Railway and Traction companies, in default returnable before the Superior court on Tuesday January ? The action was precipitated by vote of a majority of holders of the first mortgage bonds secured by the mortgage executed July 8 1904 transferring title to all property to Henry H Gallup then State Treasurer as Trustee for the bondholders The complaint asks a receiver to take over operation of the road pending hearing of the action and for foreclosure of the mortgage and in case of default by the companies in payment of principal sum

New London Anson T. McCook Groton and Stonington Sire Railway and Traction Companies Iink Dil Tuly Henry H. Gallup Waller, Walley, Averr and Gallup Apment Cas Rand Maschusetts Rhode New Haven Hailroad Company Connecticut Alite D& Rectos Ite Rai Associade Itm New Haven Railroad Leveal Ite Fortt Omingrom Lesurarce Redken Lye Duat Tai Kangportation Ft Ta

Strike Ranks Broken Miners Back on Jobs

In Scranton Pennsylvania a force of miners from Pennsylvania Coal returned to work today, cutting the 11,000 anthracite workers’ strike started November 25 over grievances. About half of 1,200 employed at Underwood Collery resumed duty as part of the first ranks ending. New York reports clearing data with large exchange balances and Federal Reserve credit figures.

Scranton Dee Pennsylvania Coal Company Underwood Cullery

Growth of Farmers Cooperative Buying Across Regions

A historical look shows cooperative buying and selling by farmers rising sharply from 1914 to 1915, with New England and the South forging ahead. Measured dollar totals, regional gains, and state highlights illustrate the spread of cooperative associations and substantial increases in exchange value nationwide.

Joer New England Ace Lions

Foreign influence starts reactions in bond market

New York December 29 bond prices fell under broad selling and profit taking as money rates rose and stock market unsettlements weighed on sentiment. European government bonds eased amid concerns over Allies delaying Cologne evacuation and France funding its debt to the United States. French loans fell from issues, while German and railroad bonds showed mixed weakness. Copper stocks advanced on profit taking, and a $43.007 million Saar Basin loan deal was closed with plans for a $10 million Krupa loan and $910 million West Virginia Coal and Coke issue to follow. Public offering of ten year bonds expected after year start.

New York Cologne Germany Prance United States Geman Chesapeake and Onlo Peoria New Haven France St. Paul Kanes Chilefis Magma American Searbruegken Saar Basin West Virginia Coat and Coke 68

Foreign exchange rates steady in New York markets

The New York foreign exchange market shows steady quotations across currencies. Rates listed include Britain at 472 13-16 demand and 474 1-16 cables, France at 5.40 1-2, Germany and Denmark around 40 and 17.72 respectively, plus Italy 4.24 and Sweden 26, with multiple minor currencies and regions cited.

New York Real Britain France Bai Tolland Norwa Sweden Denmark Switzerland Spain Greene Volang Ceecho Slovakia

Metal Market New York Summary of Metals Prices

Metal market reports from New York on Dee 29 show upper firm activity in derio ly tics with spot and futures for tin quoted at 49.12. Iron remains steady with No 1 Northern around 25.00 and No 2 Northern near 23.6. Lead and zinc prices steady in St Louis and other lines show spot values from 7.80 for zinc and antimony at 17.00.

Stromberg Studebrker Texas Co Tex Pac Tex P Co& O Tex Timken R Icu Underwood United Alles Indus Saog Fees Wb Ain Ugar Sm & Ee RRO TS Steel US Steel P Utah Secur Tobun ATL & A Wheel & L E Austin Willya Balti & Oh Hin & T M&a M& St Sen Cuba Wats Dupont East Kodak At & Inday Rie Ton Ag M & Sopher Fleischmann Feundkitlion Gyay Gimbel Keily Kenneroit Jdud Kinney Valle Lig & My Loews Inc Mack Treng Af Hinson Elsy Roe Maracaibo Marine Ang Bhan Marine Marland Max Bony Yoon Kk & T Trower Atty Afta Tou Moon Tilse Ayer Nyo& Hye North Am North Pac Pan Am EL Ro Co Pullman Punta Sin Vu Healey Corp G & Bs New York Pitta Ag Iron Dee Spot Iron Steady Northern Southern St. Louis

Kingston Company Opens Local Office In Security Building

The F. & Kingston company, a firm handling high grade public utility securities with offices in New Haven and branches in Hartford, Meriden, New London, Danbury and Middletown, opens a local office in the Security building on Main Street. Harold Greeley and Guy Perry will jointly manage this office, closely aided by Edwin S. Mord, the Park City representative, as the Kingston firm expands its operations in the region.

F. &. Kingston + company Hartford Meriden Nesy London Danbury Middletown Main Street Harold &. Greeley Bridgeport Guy Perry Kingston Orion Edwin S. Mord Park City Kingston Company Messrs Cheeley Perry Greeley New Haven F. E. Kingston Company Barnum Harold S. Greeley Guy T. Perry Edwin S. Hurd Messrs. Greeley

Money market report mentions renewed rates and notes

A terse financial update discusses high ring rate shifts, closing terms, and collateral adjustments. It mentions 80 to 99 days, a 1 2/10 percent figure, and prime commercial paper around 22.14 percent, with references to Joan and auroplances in a market context.

York Timone Stone Joans Auroplances Towetwall

Manufacturers Help Float New Haven Railroad Bonds

Connecticut manufacturers endorse a plan to refinance the New Haven Railroad ahead of April 1, 1925 debt maturities. A special committee, including Henry B. Sargent and E Kent High Band, prepared a six percent secured bond issue with a sinking fund. The plan aims to protect industry dependent on the railroad for materials and distribution, with strong early subscription interest from banks and corporations.

New Haven Connecticut New England Manufacturers Association of Connecticut New York, New Haven and Hartford Railroad Rhode Island Massachusetts Manufacture Association New Haven Company New Haven Road Henry B. Sargent Sargent and Company E. Kent Highband Hartford J. Arthur Atwood Wauvegan Company Wauvegan George T. Kimball American Hardware

Also Mentioned on This Page

Mimms Petroleum Surstiah Cotton Om Tour Boars Fes Fidelity Loan Corp Middle St Cor. John Plaza John Valt Ste Guaranty & Trust Company Conn Lois Leorgty Dairy Men’s League America Yeaur Frank E. Baker Emeral Savatience Etter Stratfield Hotel Traction 60 Clearing House Federal Reserve Bank Farm Association Business Gleabona Arkansas Luhopp Heven Renigio Tennessee Migatval Pry Alabama Atlantiy Wexboard Pensylvania Middle Western North Atlante South Wem Feee Derren Italy Dei Belgium Iugoslavia Austria Trowmania Argentina Brasil Tokio Montreal Metal Market Harold $. Greeley State Association Treasury Washington Unitee States Treasury The F. E. Kingston Co. Public Utility Securities Temple Street Lewis Street Morris Plan Bank Bank Street Hawley Agee
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