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This newspaper page contains 18 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Jun 17, 1924
Page
17
Foreign issues dominate the bond market as governments like Pennsylvania and New Jersey announce large issues. Strong demand and premiums push prices higher while institutional funds shift into higher yielding securities.
The fragmented OCR text references stock prices and mentions 1,000 units with unclear context. It appears to discuss pricing, freshness for certain purposes, and possible reductions but lacks coherent details, entities, or a definite event to anchor a full summary.
Wheat futures rise as Liverpool quotations push demand, with July and September contracts at multi week highs. Dec delivery commands 1.19 a bushel, profit taking seen in late trading. Reports of heat damage and crop shortages surface from New England to Romania as exports lag.
Public utility bonds offered by Tide Water Power Co. secured by strong mortgage, promising yield over 6 percent. Prolific investor firm Jemphill Noyes Co reported sale from Bridgeport to Pittsburgh markets. bonds cited as well secured in an aging county section.
Mass June 16 William M president of the American Woolen company issued a statement saying he and his associates do not think it proper to consider a reduction in wages despite a downturn in the textile industry. He predicted increased orders for mills as the political business situation improves and noted demand for goods remains strong though consumption may slacken briefly.
New York June 11 traders showed uneven activity as rails and industrials fluctuated. Oklahoma producers eyed reform constraints while utilities and gas shares advanced, and several key groups reported modest gains alongside notable declines in tech and telecommunication names.
Fragmented OCR item shows stray figures and terms like futures and steady quotes for metals. Mentions Northern and Southern levels, nearby prices around 20.00, 21.00, and 5.86 with unclear context. Reflects unstable trading notes and possible commodity brief from a market column.
Market summary notes new leadership gains with shares rising amid profit taking. Major indices show strength in Montana Wyoming sectors while utilities and rails push to new highs. Union Pacific plans nearly 20 million maintenance outlay supporting optimism. Interest rates hold around two percent with selective gains in foreign exchange and durable goods outlook.
The article notes that market uncertainty slows speculation and trading volume as prices drift. It explains stages of market movement and the role of professionals, with limited activity over a thirty day period and caution tied to the presidential year and broader economic fog.
Irregular reports detail protests by workers and railway entities over changes in scheduling and freight handling on Haven road. Multiple firms and insurance outfits are cited, with references to a five year plan and rate figures for Connecticut insurers.
A brief market item notes New York lending conditions and a trend toward easier credit terms. Analysts cite lower rates and consumer demand shaping short term loan activity.
Real estate at Lake Go was sold at auction with bids from multiple buyers. Al G Belding and Edward H Remptler secured parcels on Seaview and adjacent avenues, while other lots along Torpedo Lane and Adams Street changed hands for various sums as the shipyard sale proceeds unfolded.
Foreign exchange quotations and demand figures from New York markets for various currencies and banks. Listings include Britain rates, Belgian and Dutch demands, Danish and Norwegian quotes, and other international currency indicators.
Fairfield Lodge organizes a social dance at the Ritz tonight with novelties and arranged entertainment. Delegates from various parts are expected to attend this community event while local treasury balances note $183,940 in the state’s summary.
Government bond quotes show Liberty bonds at 1 13s 104.16, Fourth 4 4-4, Second 4 1-35 101.8, Third 4 1-4s. limited legible figures reflect a fluctuating market summary from the treasury desk.
Reports from New York and southern districts indicate extreme heat impacting cotton. Prices drop sharply while exports reach 14,208 bales amid high temperatures and forecasted storms in Texas and southern states. Weather outlook shows mainly warm nights, with scattered thunder showers across the Carolinas Georgia and Mississippi.
New York June 16 semiannual interest on the British debt totaling slightly less than 69 million dollars was paid to the U S Treasury today by J P Morgan acting as fiscal agent for the British government. A check drawn on the Federal Reserve Bank covered the payment. No Liberty bonds or jubilee certificates were included.
June price list for fresh vegetables in slapla conn shows current cash prices. A brief comparison is made with quotations from a year ago to show changes in the market.
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