Bond market mixed with rail issues driving activity
New York June 25 Curiously mixed bond trading followed a burst of activity in rail issues with speculative interest lifting several rail bonds. High grade rail mortgage demand remained strong while rail line favorites like New Haven Katy Denver and Rio Grande Missouri Pacific and Great Northern saw gains before profit taking on national lines. Central and Hudson and Manhattan note issues rose with Penn Southern and others, and Steel 5s hit a yearly high as Atlantic Refining arranged a 3.09 million two to four year note sale at about 5 percent.
MENTIONED IN THIS ARTICLE
New York
New Haven
Katy
Denver and
Rio Grande
Missouriacific
Great Northern
New York Central
Penn- Southern Railway
Hudson and Manhattan
Steel
Atlantic Refining Company
New Iglis
Southern Railway
Atchison
Orthern Pacafic
Chesapeake and Ohio
Marquette
Ontario and Western
Tours Southwestern
Lackawanna
Houston
Atlanta
Shell
Atlantic
Baldwin
Amenemn J Gan
Curb Market Dives After Antitrust Suit Leads Oil Selloff
Sharp recessions in oil shares followed by heavy selling after the government antitrust suit against leading oil companies. Grand 3-10-25 Cent Stores jumped 7 points, while New Mexico Lang rose on a Texas and Pacific Coal and Oil land contract. Lehigh Valley Coal certificates traded actively, and Durant Motors weakened further, closing under 14.
MENTIONED IN THIS ARTICLE
New York
South Pennsylvania
Traifie Oil
Cas Vacuum
New Mexico
Jbondy
Metal market metrics from New York and Washington report
New York copper electrolytic spot and futures quoted 3-8 13 1-2 with prices steady, tin around 43.37, lead steady at 7.00, zinc quiet, East St. Lo nearby at 5.75, antimony spot 3.45. Treasury statement for June 25 shows total 257 736.288 dollars.
MENTIONED IN THIS ARTICLE
New York
East St. Lo
Washington
U_ 8
Treasury
Rail Issues Lift up Market Despite Bear Demonstration
New York trading June 25 reports heavy buying in oil shares amid government suit news and a bear crowd. Rail stocks led gains as merger talk and higher dividends spurred demand. several issues hit new yearly peaks while others rose modestly before closing mixed. Money and foreign exchange markets showed 2 percent call money and steady rates with a Canadian funds transfer record noted.
MENTIONED IN THIS ARTICLE
Kresger
Monigem Ward
Markngth
Brooklyn-Manhattan Transit
Etonne
Can Mure Grantog
Queens ‘Traction Company
Woolworth
Sean Roebuck
Flechmann
Cayamel Iruit
Schulte Sto Central Baking
Americano Water Works Common
Call Money
Canada
Immigrant Labor Patterns Shown By Port Arrivals
A chart analyzes immigrant destinations and occupations from July 1923 to April 1924. Seven coastal states plus Michigan attract over 71 percent of arrivals, with inland states drawing less. Immigrants fill labor gaps, with 25 percent laborers, 11 percent farmers, 12 percent servants, 5 percent clerks, 4 percent carpenters, and over one third as skilled workers.
MENTIONED IN THIS ARTICLE
Michigan
Seaboard
Illinois
Grain Market Review Chicago June 28
Chicago notes a sharp corn rally with July futures surging above 90 cents and nearby contracts at new highs for the season. Oats and other grains rise on strong demand and rain forecasts while wheat stays steady. Port and delivery activity report brisk trading, with buyers and traders driving prices higher across months and futures.
MENTIONED IN THIS ARTICLE
Chicago
New Orleans
New York
Montreal
St Louis
Chicago Board of Trade
Hirsch
Thalawi Company
New York Stock Exchange
Cotton Exchange
Chicago Board of
Tra Bridge
Main
Bankers To Attend Baltimore Convention In July
The American Institute of Banking annual convention will be held in Baltimore July 15 to 18. Bridgeport president Raymond L. Thibault will lead the local delegation, joined by BE Merrill Beach and others. Delegates depart New York July 11 by special train for three days of conference plus trips to Annapolis and the Maryland Casualty building.
MENTIONED IN THIS ARTICLE
American Institute of Banking
Baltimore
Raymond L. Thibault
Bridgeport
Merrill Beach
First National Bank
Ticharda Wynkoop
Maylah
Hallock
Dennis P. Tobin
Frank J. Huda
Rent Vacancies Rise in Bridgeport Amid Cheap Housing Shortage
Bridgeport real estate figures show 1530 rent vacancies citywide, mostly cheap units lacking modern upgrades. Demand concentrates on modern two family flats with rents between 20 and 452 dollars monthly, as real estate men report a citywide shortage. Long Island Railroad asks for a 20 percent uniform rise in all commutation tickets. Scoville Mfg. Co. of Waterbury declares a per share dividend, payable July 1 to holders of record June 24.
MENTIONED IN THIS ARTICLE
Bridgeport Hydraulic Company
Long Island
Long Island Railroad
Scoville
Scoville Mfg. Company of Waterbury
Realty Deeds and Transfers Listed for Bridgeport Area
Property transfers show numerous mortgage deeds and quit claim actions in Bridgeport and surrounding streets. Notable entries include Allen Brothers to Security Mortgage Co on Fairfield Avenue for 5400, Newfield Development to William Troch on Fairfield Avenue for 9000, and First National Bank of Bridgeport to Morris K Cohen on State Street for 30500. Additional quit claims and warranty deeds cover King Street Horsene and Park Avenue properties among others.
MENTIONED IN THIS ARTICLE
Allen Brothers, Inc
Security Mortgage Co
Fairfield Avenue
Bridgepart Savings Bank
Pauline Klinga
Lomes and Nettleton Company
King Street
Pauline Kiinga
Samuel Greenbaum
John Ulhin
Wisd Aid Association of America
Whittier Street
Steve Lengyel
Ad Association of America
OD Bartram Arenus
Newfield Development Company Inc
William Troch
Newfield Development Company, Inc
People’s Savings
Stephan Jokapkovic
George B. Cowell
Horsce Street
Cohen
William Brook
Newfield Bank Land Trust Company
Fairefield Avenue
Pasquale Petrucelli
Willam Land Nylylachero
State Street
First National Bank of Bridgeport
Morris K&. Cohen
Howard Avenue
Morris K. Cohen
John Uibrick
Gertrude M. Uibrick
Mary B. Woodrill
Edwin 'T. Hartram
Brewster Street
Julia DeForest Pierce
Edwin 'T. Bartram
Tivador Tokh
Paulina Klinga
Arthur and
Jennie Gregory
City of Bridgeport
Commode Ty Prices in New York Market Report June 23
A June 23 market note lists current cash prices for staple commodity items. It references wheat, corn, oats, flour, beet sugar, lard, coffee, steel, iron, sugar, granulated lead and other staples with notes on varieties and quality.
MENTIONED IN THIS ARTICLE
New York
Cotton Prices Hold Steady in New York Market
Spot cotton in New York on June 25 is steady with middling refined as no.15 noted. Market watchers report stable tones as traders await further export and milling demand signals.
MENTIONED IN THIS ARTICLE
York
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Metal Market
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Fifth Ave
New York, N. Y
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Bridgeport Land & Tithe Company
Midland Avenue
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al Va
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First National Bank of Boston
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Noble
Morris Plan Bank
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