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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Jan 04, 1923

Page

16

Railroad bonds lead gains in rising market

New York January bond trading saw second grade railroad bonds as the best performers with an upward price trend. Some high-grade issues and foreign bonds moved up modestly while U S government bonds eased. A new public offering announced valued at 75 million dollars for 10 and 20 year Federal Land Bank bonds at 4 1 2 percent yields.

New York Jan S Uu. S Thi Stoe Liberty Wederal Land Bank Gract Northern First Denver & Rio Grandees Seaboard Air Ling Adjustmonths Lehigh Valley Consolidated Ann Arbor St. Paul Puget Sound Bethlshem Steel Republic Steel

Bankruptcies Rise in 1822 Across Regions

The year 1822 saw 22 400 bankruptcies, up 12.9 percent from 1921, with liabilities totaling $046 985 533, up 14 percent. Suspended firms accounted for $36 or 6.8 percent of liabilities. The rate of failures to business numbers stood at 1.08 percent, higher than 0.43 in 1920 and 0.29 in 1914. Regional patterns show New England ahead in reduced liabilities, while Brindstreet’s groups reflect mixed increases, with the Far Western and Northwestern regions showing notable shifts. A gasoline propelled under-bus success is noted for a New Haven road, which added a larger bus and placed orders for two more, while older buses continue in operation with increased passenger capacity. Also reported are filings of dissolution papers by Booth and Phat Company, and Ballard Drug Company, consolidating several firms into Leverty Drug Company, Incorporated.

Alereuntile Brindstreet’s England New Oneland Harvoag Bugsen Little Org Trowbdle Persean Ax Col~ Parca

Armour & Company oversubscribed in $60 million preferred issue

Announcement notes the $60,000,000 offering of 7 percent preferred stock at Armour & Company of Delachary was oversubscribed. It highlights a $5,000,000 issue of Southern Minnesota bonds sold to the public at 103 with accrued interest, marking notable changes in the industrial group.

Armour & Company of Delachary Minnesota Lown

Bridgeport Bank and Trusts Report Distorted Conditions

The document presents a bank condition report for the First National Bank at Bridgeport Conn for December 29, 1925, detailing resources including loans and discounts, U S Government securities, banking house, real estate, cash in vault, and deposits. It lists liabilities such as capital stock, surplus, deposits, and notes outstanding, with figures obscured by OCR but indicating a large aggregate. The text also includes a separate Bridgeport Trest Company statement for December 29, 1922, listing assets like discounted bills, loans, bonds, real estate, and reserves, with capital and surplus figures and a concluding affidavit by treasurer and cashier.

First National Bank Bridgeport Conn United States Othee Peaze Ga Eee Awful Reserve United States Bank Padabies Wiena Ayes Tiema Federal Reserve Bank U. S Busin Cwithony Collaterat United State Los Pederreserve Bank Fhl Commercian Bar and Trust CO Brigeport Cas Jbenus American Bane and Trust Co Cvbereal Estate United States and National Bank Notas Puceta Pairfield Trust Coo Patil Tillis Sandnes Ato Federal Land Banks Treasury United States Treasury

Copper and metals mixed at YORI market with bank notices

METAL MARKET Copper quiet with spot and nearby copper prices around 14.58, tin, lead, zinc and antimony listed. The Commercial Bank and Trust Co Port Henry Conn reports banking assets and liabilities for 1922 with notes by treasurer Albert J Endean.

Tineway Fuad St. Louis Fairfield Port Tan Albert J, Endean Commercial Bank and Trust Co Peter

Court to hear subclaims in submarine sinking case

Counsel for Continental Casualty objected to Commissioner Buckingham hearing Edward T. Magner's claim for injuries from the sinking of submarine 5-45 in the sound. Magner, a Stratford resident and former Lake Torpedo Boat Co. employee, contends the matter falls under Admiralty Laws and should be heard in U S court. Witnesses included a doctor detailing Magner’s condition after confinement with crew members during the incident.

Continental Casualty Insurance Company New York Jeanard T.“Buckingham Edward T. Magner Stratford Sound Wl. Magner Frial Lake Torpedo Boat Company Continental Casualty Company Admiralty Luavs United States Court Buckingham Magner Hig

Motorists Fined For Using Old Markers

Twenty one US motorists on Tuesday were fined three dollars for driving firsts not carrying 2920 markers in City Coat yesterday morning. The remainder were discharged with reprimands for their neglect.

Yestead

Also Mentioned on This Page

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