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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Jan 17, 1924

Page

15

Stock Prices Rise as Foreign Exchanges Improve

New Haven road liens boost bond market with gains across French and U S government issues. Lyons sixes and Marseilles bonds advance more than a point amid renewed buying from banks. Pennsylvania general mortgage and convertible issues rise. rail losses stay modest. Argentine bonds quoted at 9 1 2 percent ahead of nationwide banking sale.

New Haven Road Gaia York Treasury Pennsylvania Gener Delaware Jindgen Northwestern New York Westchester Boston Erio Hill Consolidated

Oil shares lead curb market gains on higher prices

Heavy trading lifted oil stocks in the curb market as reports of higher gasoline and crude prices and a faster pace of consumption catching up to production fueled gains. Standard Oil of Nebraska rose 19 points to 2360 with other oils like Prairie Oil and Gas Magnolia Solar Refiring and Kentucky Ohio peers climbing small steps. Penn-Mexico Muel lagged as Ford Motors of Canada advanced while others slipped. pennies and small caps moved within the session.

Ney York Standard Oil Nebraska Prairie Oil Iyas Magnolia South Pennsylvania Oil Standard Oily Kentucky Ohio Penn-Mexico

Metal market snapshot in New York futures and spot

Market update from New York shows electrolytic copper futures at 12 24 and steady spot levels. Antimony trades at 19.10 per ton with nearby 6.35 and 0.48 figures, while overall market features steady priv feats and $8.75 per ton for new futures.

York Gupper Priv Steady Snot Aine Mulet

Bond Meeting Yields 613 On Secured Mortgage Details

The report describes a closed bond meeting with a yield of 613 and discusses secured bytt Hetguer on tig Aer can Furniture Moat Rolding and estate matters. It notes involvement of Bove and Peatings maetere Flaiges, with references to real Boldt and related mortgage totals, naming Noyes & Co and many stock exchange locations and contact details.

Gahan Pleads for More Recreation Facilities in Bridgeport

Pierce Gahan, Bridgeport recreation chief, urged Lions Club members for new public facilities including an outdoor swimming pool, a new tennis courts and baseball fields. He noted congested current parks, hopes for an 18 hole course at Beardsley to ease strain, and outlined the department’s role in organizing school and community sports across the city.

Eive Uiduo Bridgeport Pierce Gahan Lions Stratfield Guha Dev Beardsley Park Board of Recreation Workers Gahan T. Duckingham Vark and Nduu FY Bridg. Por Peaums Louat Suung Lecreaton Couch Lridgeport Tuy Nahogal Guls Stratford Avenue Rovert Leekre

Market Turmoil Spurs Short Selling Across Regions

The report notes renewed short selling as prices fluctuated with intraday highs and lows, pushing the market down near the close. General declines extended from the Gulf States to the Southwest, with clearing expected tomorrow and quotes supplied by Hirsch LaHenthal and company.

Tl Vp Sone Peints General Gulf States Southwest Ram Mississippi Hirsch, LaHenthal and Company

Stockholders Protective Committee Withdraws Circular Offer

The proposed Stockholders Protective Committee circulates to holders of International Silver stock, signed by Raymond J. McGrath of Lazard Freres, Sydney Borg of New York, and Arthur C. Lehmann of Lehman Brothers. In response to stockholders protest the company withdrew the circular offering 600 German stock valued at 80 to holders of common and preferred shares.

Raymond J. McGrath Lazard Freres Sydney Borg New York Arthur C. Lehmann Lehmann Wolmes Mdénards

Northern Pacific Chairman Joins Guaranty Trust Board

Howard L.ho, chairman of the board of the Northern Pacific railway, was elected a member of the board of Governors of the Guaranty Trust company at a meeting of the stockholders today. The move links two major firms as markets show steady loan activity and negotiable paper at mid year.

Atay York Dan Howard Lho Northern Pacific Railway Greetorn Guaranty Trust Company

Stock Prices Rise as Foreign Exchanges Improve

New York trading opened with selling pressure easing as foreign exchange gains, cheaper money rates, and upbeat trade news buoyed markets. Rail stocks drew heavy European buying while non dividend issues rose one to three points, with high grade issues up 1 to 2 1/4. Steel, auto, equipment and farm implement sectors led gains. copper lagged as metal prices softened.

New York Ateel Bethlehem Crucible Republic Sloss Sheffield Steels Iron U. S Lic Steel Pro Tobacee Group Way 4Philip Mor Paldwin Company Atchison Railroad Corr Products Vage Arma Remington Typewriter Wheeling Erie Ree Iskinst Amissouri Pacific Pittsburgh & West Virginia St. Paul C Resepeake Ohio

Columbia-Remington Sale in Doubt Amid Receivership Issues

The planned sale of a large unit of the former Yost Typewriter building on Railroad Avenue to the Flemington Typewriter Co. or Columbia Graphophone remains uncertain while Columbia Graphophone Mfg. faces bankruptcy proceedings filed Oct. 15. Assets total about 18.69 million with liabilities near 23.91 million, highlighting extensive holdings including real estate, machinery, cash, and notes.

Columbia-Remington Yost Typewriter Company Railroad Avenue Flemington Typewriter Uo Columbia Graphophone Company Hubert Sr. Cradington Columbia Company Columbia Graphophone Mfg. Company Vauit Grustauty Trust Columbia Wis C. Bickerman I. c. Mayo Jay Mleyer Bankers Trust Co U A National Bank and Guarant Tst New York Suitable Trust Chatham & Vphenuix National Bank of Amsperica Fourth Street Onal Bank of Philadelphia Kirst Bank of Chicago Eis M. Jolnston Asume American Tube and Stamping Company Edwood Mayo New Haven Hailroad New Haven Hallroad Aeticit Wanal Ulb Dbridgeport Brass Company Wade Sinter

Market Quotation Report on Agricultural Commodities

The bulletin notes quotations surmis led by the Bureau of Agricultural Economics and State Board of Agriculture on operating with grain markets. It covers demand shifts for wheat and corn feed, price trends, and easing feed prices. Production of feeds remains good with generally easier prices and active futures movement.

Byreau State Board of Agriculture Comiare Wil Qemaid Tate Briday Connecticut Boston

Realty deeds and mortgages filed for numerous Park Avenue properties

A list of real estate transactions including Max Plotkin to Scinee and sc liner on Park Avenue and Wood Avenue with values from 1 to 420 dollars, plus several warranty deeds and quitclaim deeds. Notable parties include John Pogy, People's Savings Bank, and Mechanics and Farmers Bank, with properties on Park Avenue, Congress Street, Seaview Avenue, Chamberlain Avenue, and Denver Avenue Extension.

Max Plotkin Scinee and Sc Liner Park Avenue Batiy Wels Philip Glasner Sanford Avenue Joseph Gilman John EK. Pogy Litem Mary A. Angevine People's Savings Bank Congress Frederick Seblet Lerchmont Avenue Mechanics and Farmers Bank John

Foreign exchange steady amid global demand fluctuations

Markets show steady exchange rates in New York with mixed demand for British pounds and other currencies. Reports note Belgium and Greece demand levels, while commodities like oats and corn are barely steady, and receipts indicate lower grade arrivals from Maine and Canada. The City of London tax collection figures at Guildhall headline a broader fiscal note.

New York Fandi Great Greece Poland Ceecho-Slovakia Denia Jugo-Slaviay Deéemiend Ausi RoumMeanm Argentina Seta Ylieston Grule Maine Canada

Re elect Merwin as president of Morris Plan Bank

Merwin was reelected president of the Morris Plan Bank of Bridgeport at the annual meeting yesterday. Officers and directors remain the same. Assets rose by 185,523 in the year just finished, with savings deposits certificates up about 50 percent. Total loans reached 619,075 with 183,000 new loans in 1923. Other named officers include J Kingsbury as vice president, D Wheeler as vice president, E Warner as vice president, Ellsworth Lnown as secretary treasurer, and Ralph W Sprague as assistant secretary.

Merwin Morris Plan Bank of Bridgeport Bank Huvy J. Kingsbury Falrelold Wheeler Devére. Warner If Ellsworth Lnown Ralph W. Sprague Assielank

Corn and Wheat Push Prices to New Season Highs

Grain markets rose with corn hitting top levels for the season and wheat matching recent highs. Heavy local weather pressure and limited receipts supported gains while oats and deliveries posted peak prices. shipping demand remained active and prices fluctuated across futures contracts.

Liberty Bonds Quotes From New York Markets

Liberty bonds prices and bids reported from New York show closing figures with various series. Notable entries include Second 44 8 and Fourth 4 1-43 near 98 and 100, reflecting market activity for January 16.

Ament Jdberty Treasury

Nova Scotia Mines Idle Pending New Wage Agreement

About 12,000 members of district 26 United Mine Workers of America in Cape Breton and Nova Scotia suspended work as their contract expired. Negotiations failed to reach a new deal. British Empire Steel Corp raised wages by 26 percent for 9,000 of its workers, while disputes continued over the minor side of the case submitted by Lilby Barrett and Jobs J. Tewks.

Signey N.S Tpl Cape Breton Nova Scotia Vie District 26 United Mine Workers of America British Empire Steel Corporation Jobs J. Tewks Lilby Barett

Annual banquet of Coldis Graphophone Co officials details

The annual banquet for the tires foremen and executives of Coldis Graphophone Co. will be held at Farm Black Rosk tonight. General Manager Robert Crudginton will attend as guest and principal speaker. An out of town professional band and full orchestra are arranged to provide entertainment for about 100 officials.

Coldis Graphophone Co Black Rosk Robert Crudginton

Purchase of Shelton property on Fairfield avenue outlined

The town records detail a 400000 purchase involving Shelton party adjoining the First Met church on Fairfield avenue. Swines and Swines realtors are listed as buyers with 200000 cash and 200000 mortgages. The parcel fronts Fairfield avenue and Elm street and is slated for future development of a business block.

First Met Fairfield Avenue I Realtors Pala Hit Shelton Elm Street

Also Mentioned on This Page

Metal Market Yale Ene Hemphill, Noyes& Co New York Stock Exchange John Street Telephone Barnum Philadelphia Hoston Pittsburgh Albany Belamore Syracuse Serantom Austin Nichol Polybhi Bala Lee Balth Chile Bil& W Los Bo Fleischman Freeport Goodrich Beg Ly Buo Hartman Oy Harvester Ag Hayes Waay Houston Hudson Ge Bay Mickel Kennecot Keystone Lehigh Lima Loews Lernard Marland Alont Ward Tin Epbeam Ct &T Deere Phillips Pitta Coal Tex Pary Jamie Wat Ulin Zion Willys Wills Noble New England Equity Corp State Bank State Street Room Tanfb Steels Business & Finance Fred Market Realty Excords Corporation of London McAntyre Linance City Corporation Guildhall United Kingdon USA Morris Plan Bank Tan Provisiona Ana Wa Vestriei Sil Timoin and Jowr Gengvh Uliago Tra Tirsch Lilientha New York Stock Xchange Hicago Board of ‘Trade and Cotton Exchange Bridgeport Ofice Jdu Equitable Industrial Loan Society, Inc Fagirtivld Ve Fix Fidelity Loan Corp Middle St John Sobhe Guaranty & Trust Company First National Bank Conn Nova Scotia Mines Federal Land Bank Dutch East Indies New England Southern Mills Northwestern Public Service Co Salt’s Textile Mfg. Co Bridgeport Hydraulic Com First National Bank of Bridgeport McEldowney Mpany United States Hincks Bros. & CO New Haven Bridgeport, Conn Telephone Barnum Waterbury Fellers Beneficial Loan Society Liberty Bldg Main St Wii WPA
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