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Bridgeport Telegram in Bridgeport, Connecticut

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Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Mar 03, 1926

Page

17

Massive Liquidation Roils Stock Market After Long Slide

In a sweeping session marked by heavy selling, more than 3 million shares traded as prices tumbled across major groups. Notable declines hit Hudson Motors and United States Steel along with several rail and industrial issues, while late trading pushed the ticker to record delays and a looming market selloff without fresh news to justify the drop.

New York Interstate Commerce Commission Agao Hudson Motors General Irs

Liberty Bonds Market Report March 2

New York AP reports closing Liberty bonds with values for series 31 88, 1st 41 43, 2nd 41 45, 4th 41 45, and U S Treasury 45. Treasury 41 aye Tg 102 10 indicates bond price activity and slight shifts in the market.

New York Liberty U.S. Treasury Ls Treasury

Rubber futures and quotes from New York market report

The New York rubber market shows firm activity with smoked ribbed sheets at 60.00 for March delivery and 27.2h for March. May 2023 and April June contracts run around 56.23 while other lines list 9.00 88.00 95.00 and related notes.

New York New York Cocoa and Rubber Exchange New York Rubber Exchange

Tax savings under 1925 Revenue Act for incomes 3000 to 10000

The chart shows dollar savings from the new tax schedules for incomes 3000 to 10000. A head of a family earning 2000 escapes tax, 4000 saves 318.87 versus last year, and savings rise with children. Overall 1925 burden about 60 percent lighter than 1924 for 3000 to 10000, but individual gains modest, not boosting purchasing power much.

Public Utilities Shares Collapse On Curb Market

Public utility stock losses dominated curb market action led by United Light and Power and American Light and Traction with steep early declines later partly recovered. Oil shares showed resilience while Industrials and mining topics moved narrowly with heavy trading in copper and a late stock gain for Foundation Company.

New York Bronx United Light and Power American Light and Traction American Car and Electric American Super Power American Power and_ Light Commonwealth Power Electric Southeastern Power United Gas Improvement Aame Standard 611 Kentucky Standard OJ Indiana Prairie International Petroleum Humble Grand Foundation Company Foreten

Foreign exchange rates and U S Treasury balance report

New York March 2 The AP reports irregular foreign exchange quotas with various bank and cable rates for Great Britain France Italy Belgium Germany and others. Washington March The daily Treasury statement shows balance general fund today 4340 891 406 42.

New York Great Britain France Italy Washington March Treasury Balance General Fund

Metal Market New York Copper and zinc steady

Copper dull with spot and futures at 14 1-8 to 14 1-4. Tin easy with spot 64.12 and futures 63.00. Lead and zinc easy with lead at 0.90 and zinc unchanged. St Louis spot and futures 7.35 to 7.40. Antimony spot 20.50.

New York New York Stock Exchange Gerera Lanst Bud General Cigar Creed J Sata Bt Reiy-Co Robt Guylor Viekaburg Adidun Guld Erry Royals Alves Aida St Joseph Savage ArDig Baty Sou Greene Ms. Il Buu Heug Corp Uba Sears Roebuck Mob North Gut Seneca Golf Mg MG Elby Shell Toll Ck Hutu Corp Shubert ‘Theatre Corp Ilid -Lewth Howe Sound Co Lee Aig Ney von Hudan Alumat Stara Tls Lhi Ohi Yatoria Corp BOO South Pac Am-La Vrin P Ne Wilk Vuda Motor Jong Southon Ly Am-La Fina Wis Central Daily Porto Rico Tasco ‘i Tt Gis Inland Steel I Algoibe DOL Interborough Internat Agri Co i HM Poly Aguno Cmb Fi Ag Int Harvester Co Stewart Warner GOO Stromberg Stude Corp Sumatra Eelan “Corp HUY and LO Tones Bros Jordin the Fair Co Archer Dan Kelly Arnont Ketsey Wripel Widentrow Kennett Armcomp Keystone Artcom Dy Iil Kresge Dept Sires AG Union San Fe Yale Atchison Union Gil “of Cal Tagg Myers ‘Tolia Lantano Ligg Myers Tov Ligg Myers BROSS Uni Ry Invest Louisiana Macleay Rethle Steel Walt C & Lind Maginn Co Mallinson Co Booth Fisheries Bilyr Rollson Vend Corp Af Ie Behn Bay Vicks Bhieve Tae City BT Baty Chen Burt-Susque Marlin Rickwell Virg Tt Coal-Coke Burns Bros p + Hi BNL Martin Parry Vivaudell Inc Burns Brow A O's Irs Leia Wabaah Ity Tug Co Walworth Co McCrery Butte Op Ward Buk Warren Maron Co Miamis Welver-Hellprouer West Penn Co West Penn BA Middle States West Penn el West M. Gourd Lda Montana Montgome Moon Chlalton White Motor Co Lou Hoggan Ik Ak Munaingwear Willys Overland BT Bi Murrey Body Corp Haa Willys Over Kash Motors Woolw Fw Co Bae Chi Ae Gan Wrigley Ip Mn Mac KR LP Bnay Rmay Chids Co Birtt Waryard Gine Youngat Sheet Chrysler Corp Bram Chrysler Coca _Crin Columba BP Hk York Dock Nor Southern Ae Reg Bey Western North Amer Co North Pac Norwalk Cuba Pan Am Nemours Phil Mor el Paw Phillipa Petrol Ang AN Ps Rou Pierce Ae Emerson Braatz Johnson Titha Pitta Utiutter Eureka Vu Pitts West Fairbanks Co Fairbanks Morte Eno BOO Pullman Anne Fisher Tsady Flei Foundation Bnubher Gardner M Saco General Repsult St. Louis

Collapse of Stock Market Shocks Bond Trading

New York March 3 AP interest in bond trading was overshadowed by stock market collapse. Bonds fell as selling dominated with some issues sinking sharply while utilities and railroads showed sympathy declines. Notable losses hit Interborough 68 and others. $38 million electric power issue announced to fund Conowingo development.

Fveral Prince Artow Hupp Motors Stewart Warner Mack American Express American Foreign Power Brooklyn Manhattan Transit Electric Power and Light Lacrelle Gas Jenai Power and Light North American Company Public Service Company of New Jersey Standard and Electric United Railways Investment ‘Preferred West Penn Company United States Steel Common New York Central Atchison Union Pacfic Lackawanna Pullman U. S. Rubber New York Baltimore and Ohio Chesapeake and Ohio Chicago Great Western Ilinois Interborough Naseduéctric Laclede Gassia New Railways North Ameri Edison Philadel Electric Power Company Conowingo Susquehanna Drexel and Co Oy Brow Brothers and Company I Harris, Forbes and Company

Also Mentioned on This Page

Representa Lomas & Nettleton Orange St New Haven Cona Bridgeport NEDA Morgan QuAlity Tel Main ST State of Conn United Loan Corp Fairfield Ave Barnum Fidelity Loan Middle St Cor Dobr Connecticut Mutual System CO Aml State Bank the Mutual System Bank Street Boston Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czecho-Slovakia Jugoslavia Austria Roumania Argentina Frrazi Tokyo Shangha Montreal Metal Market Frisco Seaboard Air Line i Guex Skelly Sinclaire Gt Mining Rogers Eee Areatet Warner Sugar rginia-Cerol Chemieal Cold Packing 6 Peeral Metalaie Liggett and Levees Massachusetts W. R. Bull & Co Noble Bridgeport . Conn Hincks Bros. & CO Main Street Hemphill, Noyes c& Co Wall Street City Savings Bank Albany Cleveland Philadelphia Baltimore Detroit Pittsburgh Syracuse Harrisburg Rochester Wilmington Buffalo Hartford Scranton
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