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Bridgeport Telegram in Bridgeport, Connecticut

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Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Jun 25, 1921

Page

18

Market Narrows to Dullness as Traders Pause from Raid

New York stocks opened dull with prices hardening only in limited areas. Mexican Petroleum and United States Steel showed strength while many favorites drifted. American Writing Paper and others edged down. Volume was 625000 shares with funds ample for renewals into next week.

New York Stock Exchange G’ealings American Industrial Baldwin Socromatice Central Leather United Drug Columbia Graphaphone Mercantile Marine Mexican Petroleum United States Steel

Weather boosts seasonal goods trade in summer sales

New York June 24 Bradstreet reports warmer weather has lifted the distribution of light seasonal goods at retail and spurred a steady reorder trade among small jobbers. Rain in the south and drought elsewhere create some irregularity in crop reports, but the overall outlook remains favorable for surplus regions. Weekly bank clearings total 6.589 billion dollars.

New York Bradstreet South Athantic Coast Refioett

Market Roundup New York Butter and Cheese Steady

Market report from New York shows butter markets steady with creamery extras up to 34 and firsts around 32 to 34. Cheese remains firm with state whole milk specials near 16 and Wisconsin whole milk at 15. Eggs hold firm with nearby whites at 32 and extras up to 47, firsts 25 to 28.

New York Wisconsin Young Americas

Good Old First Mortgages Promises Stability for Investors

The Title Guaranty Trust Company of Hartford Conn summarizes why well selected first mortgages on real estate offer reliability. Investors avoid dividend risk as foreclosures are unlikely and mortgage values remain steady unlike fluctuating railroad and industrial equities. The firm notes mortgages can be freely renewed and provide predictable income, with general market declines offset by secured property behind them.

Tithe Guaranty & Trust Company Hrdidgeport Wall Street Mortzare Maturl Ron Lwo Guaranty & Trust Company Wall B

Cotton market uneven as July contracts lead near term

Cotton in New York opened firm with a ten point gain on steady cables and hopes Manchester mills reopen next. traders eye July contracts ahead of the first notices day in New Orleans and Monday in local markets. An oversupply persists with 136100 bales on hand and many holders shifting from July to October. October futures rose about 30 points before trimming losses to around seven.

New York South New Orleans Manchester Mills

Sugar Market Update in New York Trade

In New York on June 24 the refined sugar damind was moderate with distribution from consignment stocks not satisfactory for the season. Prices stood unchanged at six and a half, with cash paying less two per cent. Raw sugar held firm as buyers moved to delivery. Yesterday about 15 000 tons cleared the market amid selling pressure. Futures opened 4d points down to 1 point up as traders and Wall Street activity affected trade.

New York

German Combine Buys Huge Italian Company

A fragmentary report notes that a German combine led by Siemens Schuelkert Electrical, controlled by Huge Stinnes, purchased about one hundred thousand shares of an Italian company. The brief mentionsMoney New York June and discussed ruling rates and bank receptacles in a dated wire service style.

Messag- Bero Yf. A T. Com Siemens Schuelkert Electrical Company Stinnes

Wheat and livestock markets drift as dry conditions curb crops

Crop and price reports from several South Dakota counties show rye and corn under pressure as silage rust, dry weather, and late-season conditions temper prospects. Wheat futures slipped while corn eased and hogs held near steady. traders blamed selling on the Chicago market and uncertain demand amid drought signals in North America and overseas.

South Dakota Kansas France Russia Ter Chicago

Coffee market steadies as July notices influence trade

In New York on June 24 the coffee market shows limited change as July notices weigh on prices. A shift toward later delivery and modest declines in futures reflect cautious activity, while spot markets remain steadier. Primary market prices stay largely unchanged with minor reductions and a weaker dollar affecting buying power.

York Tuly

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