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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Jun 05, 1923
Page
15
New York quotes show an uneven market with mixed oil and railroad issues. Day’s total sales reach 549000 shares as volume remains light, fortunes hinge on few influential stocks and traders await clearer trends.
The State Bureau of Labor Statistics annual report shows Bridgeport’s Free Employment Bureau secured 3,425 positions in 1922, with 1,172 Americans and 640 Irish among the top nationalities. Ice cream profit concerns are raised by investigator Charlotte Holloway, noting over 100 percent margins despite lower component costs. Stamford issues $73,865,412 in school bonds at 4 percent, awarded to Thomson Fenn & Co. of Hartford. Ansonia invites bids for $200,900 in 4 1/2 percent improvement bonds.
On June 4 foreign exchanges were heavy in New York with sterling down to 34.62, French francs at 6.41 cents, and Italian lire at 4.61 cents. Marks recovered to 0.014 cent, while sterling demand stood at 4.6, with 60 day rates about 4.69. Paris, Vienna, Copenhagen, and Berlin were noted in the market brief.
Public auction set for Thursday at 4 30 PM under direction of Alc G Klages ESQ. of the real estate and lie fixtures of Lake Manufacturing Co. Corner of St Ave Long. Machinery and furniture including planers drills lathes motors shafting hoists reamers good will marks trade names office furniture and typewriters. Ten percent deposit required the day of sale with balance due July 18 123.
New York curb market shows mixed activity with slow price moves and few gains as trading stalls on the Stonk Exchanges. Standard chalks ease while Prairie Oil and Gas and Illinois Pipe slip. tobacco shares hold lightly as traders await clearer direction and possible future moves.
A fragmented OCR listing shows quit claim deeds and mortgages involving Annie Martin, Catherine Shelton, Andrew Murphy, Lelen Vitek, Andre Yuckeres Shelton, Arthur de Berber Josephsnin, Mabel Miller, Bridgepar Savings Bank, and Carmelle Mangia among others. It references street names, addresses, and sums like 2750, indicating real estate transfers and mortgage activity across several parties.
A garbled market note from York hints at dairy product trade with limited movement on a calm day. Prices and participants are unclear due to OCR errors, but local buyers and sellers appear present at the market, with no major price shifts evident.
Fragmented OCR text shows sparse data on metal prices and trading notes. Mentions antimony and tin with unclear September references and scattered place names. No coherent report of transactions or values is recoverable from the provided snippet.
Foreign loans showed moderate gains on the New York Shock Exchange with government bonds moving within fractions. French exchange stayed heavy while Liberty bonds and several foreign issues rose slightly. Railroad shares like Louisville & Nashville fell, while Montana Power led gains among industrials alongside scant action in steel stocks.
Announcement says the $22,000,000 Towagoifer bonus issue was awarded to a seven member syndicate headed by Estabroux & company. There were several small offerings and total sales par value reached 8,445,000.
New York June 4 Associated Press announces public offering of a block of new Underwood Typewriter stock at 45 a share. Stockholders will vote June 12 to authorize issuance of four new shares for each existing share plus an additional 1,000,000 par of common stock. The old stock quoted around 12 a share.
New York June 4 trustees holding stock of the Boston and Maine railroad were granted an extension of time to sell those securities by federal judge Mayer. The decision modified the dissolution decree affecting the New York, New Haven and Hartford system issued October 17, 1914.
Persistent selling pushed wheat lower with July at 108 3-8 and September 108 3-8 down, corn up 1-4 to 2-3 cents while oats held steady. Provisions fluctuated 12 cents down to 7 cents up as hog prices sagged despite a record western meat stock cut since 1915. Favorable weather and early Texas harvest plans weigh on futures.
Call money remains steady with a high and low around 4 3-4 while the ruling rate sits at 4 3-4. Closing bid stands at 4 3-4 with offerings after 5. Last loan recorded at 4 3-4 and call loans against acceptances at 4 1.
New York June 4 The International Mercantile Marine corporation reports dividend prospects as directors meet at the helm to decide on earnings and payout for stockholders amid market speculation and corporate maneuvers in the shipping trust.
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