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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

Jul 04, 1923

Page

11

New Haven Bond Market Faces Weakening Francs Amid Volatile Trading

July 3 New Haven notes show heavy early selling with franc bonds dropping nearly 3 points while some issues rise. Interboro Rapid Transit and Eastern Cuba Sugar bonds post gains, Goodyear and Goodrich drop, expecation grows for a new 10 million tax exempt issue from Intermediate Credit Banks mid month.

New York U. S New Haven Atchison General Rock Island General Erie Southern Pacific Seaboard Air Line Interboro Rapid Transit Bonds Eastern Cuba Eastern Cuba Sugar 7 1-2S and aArmour

Grain prices rise on rust fears and corn acreage drop

Chicago grain markets opened easy but moved higher as rains in the southwest and rust concerns lifted values. Wheat closed unsettled with September at 1403 3-3, December at 106 1-4 to 166 2-8. Corn rose 1-2 to 1c, aided by a reported corn acreage reduction of over 1,000,000 acres from 1922. Oats followed, and provisions advanced with the hog market.

Chicago Liverpool

Metal market report shows steady copper tin zinc as prices hold

July 3 metal market notes copper steady at 145-8 to 15, tin at 37.87, iron unchanged, long steady spot 6.42, zinc quiet at East St. Louis nearby 3.75 to 3.77, antimony spot 55 cents.

New York Dax New Fork

Stock Market Dull Pre-Holiday Amid Broad Declines

New York shares slipped as liquidation hit low priced issues led by New Haven and Atlantic Gulf as traders priced in a heavy reorganization assessment. Railroad stocks fell with Delaware & Hudson and Canadian Pacific down, while Baldwin’s 3 point drop signaled sector weakness before a late rally. Oil shares steadied on reduced output optimism. money markets showed a cautious tone with call funds near 5 percent and time funds around 5 1/4.

New York New Haven Atlantic Gulf Common Seaboard American International Corporation Central Leather Reac Commot Atlantic Gulf Reorgan Ven Delaware & Hudson Canadian — Pacific Louisville & Nashville Reading St. Paul Missouri Pacific Chicago Nois Baldwin Studebaker U. S. Steel American Can American Woolen Fuecky Mountains Call Money

Record Bank Savings Rise Across Nation

A Federal Reserve survey shows savings deposits in principal banks exceed 6.548 billion dollars, up more than 10 percent in a year. Lower living costs and higher wages drive thrift across districts, expanding the cash reservoir available for investment and lending.

Savings Bank Bain Ralph Couch Washington Federal Reserve Board Federal Reserve System United States

Dairy Prices and Liberty Bonds Reported in New York

July 4 market notes show butter easier and unsettled with creamery prices pausing. dairy yields indexed by grades and extras, while eggs strengthen amid firm market. Liberty bonds quotations listed alongside treasury yields, reflecting mixed commodity and financial activity.

New York Creamery State Davy Wisconsin Pacific Coast

Ban on English Livestock Import Continue Despite Outbreaks

Washington July 8 The Department of Agriculture announced continuation of the ban on importing livestock from England due to hoof and mouth disease. A few outbreaks on June 21 led to the abandonment of lifting the embargo.

Washington England Department of Agriculture

Curb Market Opens Pre Holiday With Mixed Oil Steady Gains

New York curb market today shows dull pre holiday tone with opening firmness fading to irregular late trading. Indiana Standard Oil leads oil issues with a close near 53 7 8, Kansas and Kentucky Standards post gains of 2 and 1 points. Prairie Oil & Gas rises 4 on light turnover while Salt Creek nudges up on an extra dividend. Others like Roamer Motor hit a new intraday peak, Durant and Cleveland slip slightly, and Gillette Safety Razor slides 2 points. Mining shares trade choppily in narrow ranges.

York Tandard OF of Indiana Standard Oils of Kansas Kentucky Standard of Ohio Prairie Oil & Gag Salt Creek Roamer Mator Rae Durant Cleveland Gillette Safety Razor

Foreign exchange market traces currency shifts in New York

In New York the foreign exchange market showed a wealth of sterling at a new low around 4.53 dollars, while European currencies rallied slightly. The German mark hovered near .104 cents, with various rates and cable quotes indicating mixed demand and short-term movements across Amsterdam Paris and Copenhagen.

New York Sterle Paris SONNE Amsterdam Wij Uirad Fernw Mr MY Oe Capenhseen Switzerland Ifr Spain Pesety Berlin Gnark Cnitinued

Feed Market Quotation Report June 1823 Grain Prices Decline

Quotations from the U S Bureau of Agricultural Economics and State Board of Agriculture show feed markets weak with Chicago wheat down 4 1 3 cents and corn down 43 4 cents. Spring wheat prices hold higher than southwest quotes while hay remains weak amid ample receipts. Prices listed include oats, corn, bran, middlings, gluten feed, and cottonseed meal with shipments measured by ton and bush.

S. Bureau of Agricultural Economics State Board of Agriculture Chicago South West Shinmien Linmars Connecticut

June business failures smallest in two years

New York reports 1 978 business failures in June the lowest monthly total in two years. First six months show over 9 000 failures, down ten from the prior six months. Also notes St Pauls Cathedral's enormous weight on crypt foundations around 4900 tons with ground level pressures up to six to ten tons per square foot.

New York Bradsteet St. Paul's Cathedral

Ford investment dividends start off with million

Detroit July 2 Distribution of more than $1,000,000 in dividends to about 30,000 holders of Ford Motor Company investment certificates has begun. The plan pays 8 percent for the six months ending June 30, as announced with the certificate program.

Detroit Mid Ford Motor Company

Spot cotton market report from New York on July first

Cotton market in New York shows quiet spot activity with Middling Upland quoted at 2 cents per pound. Trade notes limited as buyers and sellers hold prices steady amid thin demand and heat for the holiday week.

New York

Guaranteed returns adjust with conditions and employee draws

The communication notes a guaranteed annual return that can be increased when conditions permit. Employees are allowed to receive up to one third of their salary in advances, with a maximum equal to one year's salary.

Also Mentioned on This Page

Metal Market Noble New England Equity Corp State Street Bridgeport Hydraulic Company Main Street Main St. Aml Frank C Brotherton N. Y.N.H Hartford American International Yan Nis Atlar Federal Reserve St. Louis Minneapolis Philadelphia Kansas City Il Atleest Poe Cerca Sa Francisco Alew F.couch Ajax Bosch Tad Ain Tel & T Atg & W ALG & WI Chile Davis Chen Dupont Gulf Steel Houston House Prod Ag Hudson Mats Int Cement Ieee Kelly Sprts Keystone A Lehigh Valee Aly Lima Oh Madingon Marland Orta Ao MK & T North Pac Cal Ohio B & B Owen B Ania Phila Co Pullman Ba Bay L& Sh Sears Schur Shell Union Siounis Fey i Saya Shelly South Pacific Saisos South Tail Ling South Cal Ing Log Texas Westhous Stratford Avenue Stratford Conn M. C H. A. Pratt H. L. Blackman & Son Real Estate Auctioneers Fairfield Avenue Bridgeport, Conn Barnum Mutual Savings Bank People’s Savings Bank American Chain CO American District Telegraph CO N. J American Fabrics CO Bridgeport Brass Company Bridgeport Gas Light Company Connecticut Light & Power CO Railway & Lighting CO Telephone & Electric CO Derby Gas & Electric Company Electric Bond & Share Company Massachusetts Gas Companies Common McCrory Stores Corporation Niagara Falls Power Company Norwalk Tire & Rubber CO Salt’s Textile Mfg. Company Stratford Land & Improvement CO Penn. Power & Light Company West Penn. Power Company Ansonia City OF Duquesne Light Company Salt’s Textile Mfg. CO PROV Saskatchewan Standard Oil CO SUN Oil Company Conn. Light & Power. CO. III & Res Hincks Bros. & CO Beneficial Loan Society Room Liberty Building James Staples Gny Bankers FORD Bonds Bank Stocks Connecticut Securities Investment Service E. B. Merritt & Co Bridgeport Bridgeport Savings Bank “Old Faithful Bridgeport Savings Bank S. W. Comer State Streets Thomas Jefferson Committee of Congress City Hall Schabute Lake Manufacturing Fairfield Ave Equitable Industrial
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