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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Jun 25, 1924

Page

17

Erie Stocks and Bridgesport Trade Signal Bright Outlook

Bridgeport merchants report improved retail sales and steady manufacturing activity. Local plants such as Locomobile Jenkins Brothers and Holmes and Edwards show strong output. savings rise and joblessness remains low, with optimism for a late summer or fall business advance.

Bridgeport Thade DeVer H. Warner Warner Warner Brothers Co Locomobile Jenkins Brothers Jenkins Valve Y. H. Collier Bridgeport Crane Aerplant Hoyt Catlir Bulliard Tool Machine Company Holmes and Edwards Ciision International Silver Company William B. Griffin Peter Dave Davey Brothers J Eamund P. Dodge Employment Managers' Association Naugatuck Savings

Dividend Checks Surpass Those of 1923

The article compares May 1924 to May 1923, showing general activity below last year and production, financing, and employment down. It highlights cheap money as a bright spot and cites high costs, cautious buying, and political uncertainty as temporary slowdowns, with a hoped for future restoration of prosperity.

Treasury Balance Snapshot From June 21

The U S Treasury reports a balance as of June 21 totaling 24 2 709 956 dollars. The brief notice notes the date and amount without elaboration.

Washington

Cotton market opens with mixed moves in New York

The cotton market opened five points higher to fractional lower, then at 10 30 two private reports showed bullish signals. July futures moved from 28.20 to 28.535 before profit taking trimmed gains and closed near 28.34. Weather favored crops with rain in Little Rock and San Antonio, heavy rains in New Orleans, and eastern winds with generally warmer western conditions.

New York Jay Carolinas Little Rock San Antonio New Orleans

Markets at a Glance New York and Overseas Trade Update

Markets at a Glance reports irregular New York stocks with Bethlehem steel at a 1924 low. Ronda steady with foreign exchanges trading slightly lower. Government issues firm. Sterling mixed, trade slightly down. Cotton high, sugar steady, coffee prices heated by weather in Canada. Corn firm amid unfavorable crop forecasts. Cattle dull and easier, hogs lower amid weak demand.

New York Bethlehem Sieel Colton Coffe Commission Canada

Trading Abated but Stock Prices Continue Advances

Stock prices rose further in a New York market despite sporadic profit taking and short selling. Trading was light as professionals waited for developments at the Democratic National convention with gains led by Erie, Nickel Plate, and Chesapeake and Ohio as rumors of a rail consolidation boosted rail stocks. U.S. Steel and other major issues edged up while Bethlehem Steel faced concern over a dividend and Sears Roebuck resumed dividends, lifting that issue briefly before settling.

New York Erie Nickel Plaza Chesapeake and Ohio Pere Marquette Eris Common Northwest Ood Great Northern Northern

Local Produce Market Clears Receipts and Prices June 24 1934

Liberal receipts of native fruits and vegetables mark the morning market with a weak tone and lower prices for lettuce asparagus strawberries and tomatoes. Strawberries arrive by boat from Long Island and quality remains good. peas lettuces onions and potatoes show mixed movements while meats and butter hold firmer prices.

State Board of Agriculture Long Island Khennery

Debentures Put On Sale By Shubert Theatres

Shubert Theatre corporation announces public sale of 4 million dollars in debenture bonds marking a rare Wall Street financing of legitimate theatre enterprises. The group controls 84 theatres in New York, Chicago, Philadelphia, Easton and 87 other cities and plans to offer 260 thousand shares of stock to the public in time.

New York Wall Street Shubert Theatre Corporation Chicago Philadelphia Easton

Foreign exchange quotations in New York markets

June 24 foreign exchange rates show bids and cables for major currencies including Great Britain 481 7 8 demand and 432 1 8 cables, France 6.26 demand, 5.27 cables, Italy 4.32 demand and 4.02 1 3 cables, Belgium 4.89 demand and 4.60 cables, and Argentina 92.42 with Brazil 10.87 notes, plus Tokio 41 1 2 demand.

New York Great Britain France Italy Belgium Holland Norway Sweden Denmark Switzerland Spain Greece Poland piche-Slovalia Jugo-Slavia Austria Houmania Argentina

Market prices for livestock and hay and grain

The notice lists LIVESTOCK AND MEAT prices for cows calves hogs and veal with ranges per hundredweight and per pound. It also gives HAY AND GRAIN dealer prices at the door per 100 pounds or ton with figures for hay oats corn wheat bran gluten cottonseed meal and other feed components.

Tub

Merger Talk Ties Erie Nickel Plate and C H&O Railroads

Rumors from New York finance circles say the Van Sweringen interests may gain control of the Erie and merge with the Nickel Plate and Chesapeake and Ohio to form a vast 10,000 mile system. A consolidation would likely take years and involve Pere Marquette and other lines. heavy trading in Erie bonds and C and O Nickel Plate shares signals strong market interest.

New York van Sweringen Cleveland Brig Chesapeake and Ohio and Mickel Plate Financial District Pere Erie

Commodity Prices New York Cash Quotes June 24

Current cash prices for staple commercial products shown in New York reflect a year ago comparison. The list covers key commodities with notes on changes and market context for traders and merchants.

New York

Metal market report shows copper easing in New York

In New York copper eased with electrolytic spot and nearby at 12 3 8 to 12 1 2 and futures at 12 1 2. Tin stayed easy with spot and futures at 43 26. Zinc and lead held steady around 7.00 and steady prices. Antimony, in Saint Louis, noted spot and futures activity.

New York St. Louis

Treasury surplus of half a billion announced

Washington reports government receipts for the fiscal year ending June 30 will exceed expenses by more than five hundred million dollars. Secretary Mellon notes the excess stems from unexpected cash payments by the British Government and railroad security sales, with March and June tax receipts also higher than anticipated.

Washington Mellon Bri Railroad Administration

Feed and grain price trends from June 20 1924 market report

The report shows wheat prices easing from recent highs while remaining firm overall, with better spring and winter belt weather and new Southwest wheat on sale. Corn hits a new high with strong demand, light receipts, and oats holding firm. Feed market remains strong due to light demand and limited offerings. linseed and cottonseed meal firm with small supplies. Hay trades quiet but firm for top grades, with premium cars. Prices quoted per ton and per bushel in listed 100-pound sacks and carloads.

U. S. Bureau of Agricultural Economics State Board of Agriculture Connecticut Boston Amathy Timothy Weastern

Also Mentioned on This Page

Lee AT & SF Balt & Ohio Barnsdal Ali Beth Sul Ches & Ob OM & St P Gg & E Dupont Mdicott Fleisuchmann Houston Kennecot Lee Tire RSE & Ae Lehigh Aco Marine Ict A. Ea MEH & T Pf Mont Ward Nash NY Centre Philips Petade BS Bann Rey South Ry St Gas & 1300 Ann Studehaver Texas Co B Ann Tex Gulf AON Wickwire Woolworth Ehi Ise U.S. Treasury Fidelity Loan Corp Middle St Col. John J. Miller Shatet W. J. Wade Hawley Ave Hilallentha. and Company Tilo Main Sir Security Maren Nickel Plate van Weringens U. S. Steel Common Cayamel Fruit Schulie United Cigar Stores Sears Roebuck Atlantic Refining Montana Power Brooklyn-Manhattan Colorado Montgomery Ward Central Leather Shuberts Liberty Treasury C & 018 van Sweringens Pitts Steel A Nl Metal Market James Staples & Cotalankers Private State Street State Bank Bonds Bank Stocks Connecticut Securities Investment Service E. B. Merritt & Co Main Street Conn Main St F. G. Lalley Y. Stock Exchange N. Y. Cotton Exchange N.Y. Coffee & Sugar Exch Chicago Board of Trade Broadway New York City American and British Mfg. CO Bridgeport, Conn Machinery & Equipment Crescent Ave Gerth’s Realty Experts Fifth Ave New York, N. Y Noble Investment Department Bridgeport Gas Light Co Bridgeport Hydraulic Co Russia Insurance Co Hincks Bros. & CO Telephone Barnum The Bridgeport Life Publishing Company Robert M. Sperry I Rae Syle Elm Street
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