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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Mar 03, 1925
Page
18
Stocks surged with big gains in swings and bonds as investors watched convertible issues and rail stock activity. Traders noted a sharp rally in liens, a steadier tone in regular equities, and a cautious mood ahead of March.
On Page 19, miscellaneous financial items reference changes and notices involving Waute Management Corporation and Associated Gas & Electric Company in New York. The fragmented text mentions managers, corporate associations, and unspecified amounts, indicating routine financial disclosures or corporate notices rather than a single event.
A historical piece discusses that failures in the business sector rise during prosperity and overexpansion. It cites percentages of sleepless from a study, notes events like overtrading and speculation, and warns that thriving times invite risk. It argues for cautious planning to reduce the eventual collapse of many enterprises.
Fairfield issues twenty building permits totaling about 27000 led by a two story six room house on Sherman Street costing 5800 for William Clamspett. Other projects include garages, remodels, a barn conversion, and a frame store house with values ranging from 150 to 6060, involving residents such as Adolph Brttels, Mrs. I. D. Gervd ron, Alice Woods, and Charles Fossling, with Inspector Nelson R. Pearson overseeing the batch.
In New York on March 3 the market quoted bids for exchange and rents across several currencies. Great Britain cables show varied demand and 80 day bills. France demand and cabins at 4.00 to 6.05 1 2. Belgium demand fluctuates near 4.09 with rates shown. Jugoslavias and Austria demand around 1.61 and 0.14 respectively. Argentina notes demand at 39 11 and 39 a, with other implied bids listed.
New York stocks opened higher on a brisk session led by rail and oil issues with many issues hitting new highs. The market showed broad strength as traders absorbed steady gains, while commentators noted limited movement in steel and continued profit-taking pressures.
New York wholesale market shows steady poultry and firmer butter with cheese quiet. Prices for chickens, turkeys, ducks and milk per hundredweight vary, while creamery items and dried fruits display modest changes amid overall steady market tone.
Members of the Bridgeport realty board prepare for a statewide convention in Stamford Vaehtels. Leaders, including Tidwards, anticipate a full turnout with many firms sending representatives to discuss policy and industry concerns. The event, set for Wednesday evening, aims to showcase the local realty industry and its future in the state.
Reading of a grain market report notes a drop in prices with supply swelling. Officials warn of low demand as futures margins weaken and traders adjust expectations. Local buyers report higher inventories and slower sales, while forecasts point to ample crops and stable pricing ahead.
A garbled sports snippet mentions a player named Gag and a signee valued at 5.98 alongside other unclear references to team spots and a 36 history marker. The readable elements suggest a basketball or college athletics context with names and numbers but specifics are not clear.
In Richmond Virginia the court dissolves the Moline Plow Company. The chancery court declared dissolution and ordered the transfer of any assets related to the company's business to the state or applicable department as required by law.
Metal market report from New York on March 2 notes copper and tin trading with limited strength. Copper near 88 futures 165 141 8 implied. tin weak with spot and futures around 0.87. antimony at 18.45.
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