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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Yestead
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