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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Mar 23, 1920
Page
15
The market showed early gains on old crop months as March priced around 40, with small offerings absorbed. Prices rose to 170 on data influence and market strength, while other months followed with varied support from spot positions and weather signals, showing cautious buying and uneven demand.
A fragmented OCR of commodity prices lists raw sugar, granulated sugar, and mixed stock terms, with entries for Rhode Island Virginia Maine New Jersey and other markets. It references price points like 10.40, 4.0, and 53.09, plus freight and state designations, hinting at unsettled dates and regional supplier notes.
New York Liberty Bonds show modest gains as first half results reflect 90.10 for some issues. Chicago reports winter wheat invasion and Nebraska crops dampening corn prospects with closing prices near 31-8 to 7-8. Traders note July and September contracts led by high prices while inflationary fears and labor shifts weigh on grain storage expectations.
In Washington a hearing on railroad rate adjustments opened with both railroad representatives and shippers present. The conference aims to determine changes under a new transport plan, with proposals assessing a percent adjustment to rates. The session is set to continue for three days.
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