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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

Feb 26, 1926

Page

20

Bond Prices Unmoved as Stocks Fall in curb market

In New York the curb market saw renewed selling in Public Utilities and several issues drop 2 to 6.5 points amid bear pressure and weak support. Texas and Pan-American Petroleum and Transport reports aided by warnings lifted some bets. Cities Service showed strength while General Baking rose and Continental Baking improved fractions.

New York Cis Texas Pan-American Petroleum Trans-port Carib American Gas and Electrie American Light and Traction American Power Emi Light United Gas and Electricc United Light and Power General Continental Baking

Foreign exchange rates in New York on Feb 25 193?

Irregular quotations list rates for Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czecho Slovakia Jugoslavia Austria Roumania Argentina Brazil Toronto Shanghai Montreal and more. Cables and demand figures are given in cents and bank bills.

New York Great Britain France Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czecho-Slovakia Jugoslavia Austria Roumania Argentina Brazil Torko Shanghai A Montreal

Metal market roundup shows mixed copper tin zinc steadies

In New York on Feb 75 the copper market shows electrolytic spot and futures at 14.25, tin steady with spot 64.12 and near 62.75 futures, zinc steady with East St. Louis spot and futures at 7.75, and antimony at 21.50 spot. Prices overall unchanged.

New York East St. Louis

Stock Market Reaction Fails to Hold Gains

New York February market slips after favorable reports as prices pull back over 20 points to 353 1 2. General Electric declines on word director will take no special action. Rail and industrials sagging with notable losses in Allied Chemical American Waterworks and Du Pont. Commodities mostly lower though coffee futures rise modestly. Foreign exchange volatile with sterling down to about 34 85 3 4 and Japanese yen falling to 45 42 cents.

New York General Electric Boston Bennite Underwood Typewriter Texas Ad Pa-American Petroleum and Transport ¢Company Commission U. 5. Steel Common Americanan Hudson American Safety Razor Jewel Tea McCrory Allied Chemical Allis Chalmers American Jinaeed American Waterworks Burns Brothers A Coca Cola Colorado Fuel Consolidated Gas Dupont Fairbanks Morse Mathieson Aikall Pacific R. S. Schulte Sloss Sheffield Union Tank Car Weber-Heilbroner Interstates Commerce Commission Nickle Flate Fester@ay Brockerage Circlea Atlantic Coast Line Chicago Ilinos Pittsburgh Westirginia Lake Erie Atlanta Birmingham Atlantic Atton

Liberty Bonds Rates Reported by U S Government

New York February 25 AP U S government bonds quoted Liberty issues with 1 28 100 31 Liberty 1st 4s 1 43 192 2 Liberty 2nd 4s 1 4s 100 24 Liberty 3rd 4s 1 4s 101 3 Liberty 4th 4 1 4s 102 11 U S Treasury 4s 107 24

New York

Federal Reserve Bank of New York Holds Broad Reserves

The New York Fed reports as of February 44 total gold reserves of 836,342,000 and total reserves of 926,890,060 with bills discounted secured by government war obligations at 159,620,000. Open market bulls amount to 73,420,000 and total U S government securities and bills and securities reach 336,943,000. Deposits total 867,035,000 and Federal Reserve notes in circulation stand at 865,888,000. Reserve ratio to deposits and notes is 75.2 percent.

New York Federal Reserve Bank of New York Federal Reserve

Rubber Futures Close in New York Market Report

The Rubber exchanges show steady trading with smoked ribbed sheets. Spot prices are 62 for March 31.00 and 50 for May in New York Cocoa and Rubber. April-June at 59. Pure New York Rubber lists spot 52.50, March 51.00, May 49.50, July 48.50.

New York New York Cocoa and Rubber Exchange Rubber Easy New York Rubber Exchange

Money market snapshot from New York on February 25

Call money remained steady with a closing bid at 5 1/4 and offered 5. Time loans stayed firm with 60 to 90 days at 4 1/2 to 4 2/4, 4 to 6 months at 4 1/4 to 4 4/4, and prime mercantile paper at 4 1/4. Rates reflect collateral mix and acceptance-related loans.

New York Prime Mercantile

U S Treasury Balance Reported in Daily Statement

Washington February 25 The daily treasury statement shows a balance of 334 352 740 83 dollars.

Washington The U. S. Treasury

Power Stocks Rise With Industrial Progress Since 1921

The electrical industry shows steady advancement with power and lighting issues accounting for about a quarter of new capital in 1925. The Standard Index notes a 10% rise in traction and power stocks, while Bankers Economic Service cites expansion potential in the industrial field. Domestic customers reach over 14 million, with electrified buildings at 54.4 percent of the population and urban growth driving further electrification. Kilowatt hour production in central stations grew 1925 versus 1924, with 53% to power, 28% to lighting, and 14% to railway use, all up from the prior year.

Ng Meang Bankees Economic Service

Shipping News New York Feb 25 Ships Arrived

Shipping notes from New York list arrivals and departures with ships including Albert Ballin Cherbourg Feb 24 from New York and Nieuw Amsterdam Southampton Feb 24 to New York among others, indicating port movements and routes to and from New York.

New York CAP Albert Ballin Cherbourg Laconia Yokohama Wilson San Francisco Nieuw

Grain market shows early strength then setback in Chicago

Chicago wheat opened gapping lower on bearish moisture for domestic winter wheat. May and July futures swung from losses to small advances before turning down. Corn futures rose on damp weather and light receipts while oats moved narrowly. oats and wheat finished weaker overall as data processing and hogs influenced prices.

Chicago

Cotton market report shows steady spot and futures shifts

In Cotton New York on February 23, spot quiet as middling bids held at 24.16. Bulls closed steady with declines from 10 to 2 lower. March at 19.67, 1938 Mary at 19.01, July 38.44 to 18.46, October 17.85, December 17.49.

St Louis New ‘York Tihry Thompson Tay Ay Son Abiuli Gimbel Liow Schulte Star Savage Arms BOD Adams Express Glidden Co Bam Ady Itamely Reduet Seagrave Corps Ajax Bud Sears Roebk Bay Alaska Juneau Wold Roth & Hos Simmons Co BO Oan Simmong Pety Ally Chalmers Sinclair Porte Bils Eterling Usnoia Central Hiubmarine France Roth Am Metal Co Yland Rt . le BO Bymington Co Symington Co Aine the Fair Co Sugar Refining Sanutra Combus Harvey Cocay Town Central Union Bly & Bion Jewel Jones Brow Union Pacific Enion Pac Kan City Union Tank Pear Ib Union Tk Corp Armour Co of Hla Say United Cig Armour Co Hwey Kelly Spring Tire United Drug Una Arnold Dobble Co Kelly Asko Druids Kolir Bovine Asrock United Atchison Kennecott Lehigh Valley Lehn Fink U & Rubber Eel Corp Abraham & Straus Stel P Aldwin Ohio Baltimore Touin Gas Barnsdall Corp Mack Yick Chemical + ARIS Belding Heminway Ae Mney Iveden Td Lethtehem Steel White Motor Beth Steel Mallisen Co Booth Fisheries Walder Rystem Manhat Ry Ata Walworth Camac Briges Mfc Co Brookdyn Harpon We Ward Baking Hklyn-Munb Trang Maracaina Warner Martin Rarte Weber Helllr PO Mart Brunswick Balke May Dept Stores Marvid Brunswick Martz Co . Aan Fea Roo Wert Pacific Wert Pacil Burns Bros T Burroughs Butte Superior Werton Hee Middle States DO White Motor Co Ain Swett Bnu Wickwier Elf Ny Dang Central Tay Mont Power Milas Packe Willys Overid Wrigley Ah Pe North Amer P Uidengo Altonay St Paul North West Childs Co Chile TOK Christie Brown Co Be Nevada Chyler Corp Ua Ai Aly New Orleans Cleveland NY Air Bra. Ory Ailoe Coco Cole É Db Nyon H Hira Golorads Uel Iron Columbia Gas Ei Hlyy NYC St Lp Colum Gas el P Norwalk Congoteam-Nairn Norfolk Westanong Consal Distributors Norfolk Wpeed Consol Gas ORY Qin Nurully Co Arco Omnibus Corpn Lsuy Orpheum Otis Steel Coty Inc Otis Elevator Cruebla Steel Bteal Yu Outlet Co Cuba Packard Motor Gushman Adaod Davigon Chemical Dite Phila Co I Ee Het Hudson Villa Devoe Raynoldy A.erry Utah Dodge Uros Dodge Brox Pierce Duquesne Derham Ha Va Pierce Arcuw Hinentohr & Bros Emerson Branting Pitta Coal tt-Johnson Pullman Co Erie Fide Bentek Ward Eureka Pan Am Petroleum Fairbank Bao Fairbanka Mor Co Alta Omnibos _ptd Lasky Lanne Pall Ps Petroleum Fen Am FBI Panhandle Fifth Ave Treading Co Firat Nat Tov Fleicchmann Co Ah Steading Foundation Fox Radio Corp Freeport Texas ‘ Bay Gabriel Tub Tenubie Republic Reynolde Cig New Wi Bat Kosala Ins Co Truyal New York

Bond Prices Hold Firm As Italian Loan Announced

New York Feb 25 Bond prices held firm amid an uneventful session as money conditions stayed firm. A $25 million Italian Public Utilities Credit Institute loan was announced for sale at 9 for 26 year seven percent bonds. Negotiations were under way for a large German sugar bank loan, possibly $25 million, with talk of a second installment of German potash loans.

New York Halian Public Utilities Credit Institute Blair and Company Financial

Also Mentioned on This Page

Italy Metal Market City of Munich Duisburs Kingdom of Italy State of Bavaria Harris, Forbes & Co Pine William General Motors Senate Federal Reserve Bank Statement U.S. Treasury Jige Shipping News United States Lloyd Sanbambo Ital 5 Steamship Hn Chesapeake and Ohio Windiz Alton Bethlehem Steel Refunding Sa Rogera Brown Pactte Coast U. S Bethlehem Steel Corporation New York Stock Exchange Bridgeport Trust Company Investment Department Noble N. S. Stock Exchange Hincks Bros. & CO Telephone Barnum Bridgeport Liberal Commission Mr. C. J. Blaker Prince & Whitely Broad Street New York City the Man P. O Hartford Conn
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