Bridgeport Chamber praised for port progress by visiting commentator
George Bobtat notes Los Angeles Chamber of Commerce praise of Bridgeport achievements in port development and harbor plans. He recalls canal projects and seawater level debates, and cites high costs and market limits in Central American trade while stressing local implications for Bridgeport.
MENTIONED IN THIS ARTICLE
Tiesuien
George Bobtat
Bridgeport
Vatfield Arel
Panama Anal
Central Aneto
Californian
Tex.s
Tommertee
Los Angeles
Manford
Havbor
Houston
Texas
Frousta
Rothes
Craford
Idgeport
Vemenerce
Crawford
Panama
Pacific
America
Liquidating Movement Blamed for Stock Decline in Markets
New York market report shows stock transactions totaled 1,603,400 shares, with a note on liquidating movement as the cause of declines. Separate price listings cover poultry, butter, cheese, milk, eggs, and produce including DHA, Bermuda potatoes, sweet potatoes, beans, dried fruits, and dried fruits market steadiness.
MENTIONED IN THIS ARTICLE
Pennsylvania
York
Presh—Creamere
Creamery
Flint
Wisconsin
Brown
Hentery
Bermudas
Treasury balance notice from Washington DC March 244
United States Treasury balance reported in Washington DC with codes AG3252 and 831. The fragment references a balance entry dated March 244 in a Treasury listing.
MENTIONED IN THIS ARTICLE
Washington, DC
United States
New York Stocks Slump Amid Liquidity Pressure
Market declines continue on a liquidating wave as Chicago grain losses, bank reserve deficits, and lower oil demand weigh on high price issues. American Can, Car and Foundry, American Locomotive, Pipe, and Baldwin lead declines while Pan American steadies. Debate swirls over Mayor Hylan’s re election as Wall Street pivots on politics and speculation.
MENTIONED IN THIS ARTICLE
Chicago
State Abent
Newton
American Can
Car & Foundry
American Locomotive
Pipe
Baldwin
1 RT
Wall Street
Hylan
Commissionera
Profit Trends In Industry From 1917 To 1924 Report
The Federal Reserve Bank of New York provides data showing Class 1 railroads fell sharply in net profits from 1917 to 1920, then neared a billion dollars in 1921, with 1923 and 1924 partial recoveries. Manufacturing profits dropped from 647 million in 1917 to 74 million in 1921 before rising to 474 million in 1923. Utilities profits declined steadily since 1918, while a detailed table tracks profits by sector from 1924 onward, noting declines in steel and railroad equipment and clothing, with mixed results across other groups.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of New York
Id2
No Corp
Olis
Foreign Exchange Rates and Cables Across Markets
The report lists demand and cable rates for multiple currencies including Italy Belgium Germany Holland Norway Sweden and more. Rates are given with varying bids and cables such as 478 1-47 60 day bills and 3.21 for cables. Argentina Brazil and Austria are noted among others with implied exchange values.
MENTIONED IN THIS ARTICLE
Miroh
Angel
Aritau
Italy
Belgium
Germany
Holland
Norway
Sweden
Venmark
Demaha
Feitzerland
Spain
Greece
Poland
Recho
Slovakia
Damand
Cinromlayias Derard
Roumnamia
Argentina
Brasi
Postmaster Ordered to Deliver Mail in Federal Case
In New York a federal court granted a temporary injunction barring Postmaster Kiely from refusing delivery of mail to the Southern Cotton Exchange Inc and three members. A hearing to show cause why the injunction should not become permanent was scheduled for tomorrow. The exchange alleged held up mail containing orders checks and renewal orders addressed to Steel, Grady, Miller and Co, Gillan, and others.
MENTIONED IN THIS ARTICLE
New York
Counsal
Southern Cotton Exchange Inc
Kiely
Tne Exchange
Cotton Exchangé
Steeltarate
Grady Miler and
Ca, Inc
Nave Gillan
Liberty Bonds Market Summary from New York
Liberty bonds trading closed with miscellaneous notes on First 4s Second 4s and Treasury issues. Prices ranged around 101.15 to 104.28 with bids and yields reflected across several series.
MENTIONED IN THIS ARTICLE
New York
Liberty
Treasury
Cotton SW Lork Marely goes Cutie ypot quirt
Market notes show futures trading with mixed, modest moves and steady to lower trends. Prices for March through December range from 23.80 to 26.00 and settle around mid- to high-25s amid thin activity.
Superior Steel Takes No Dividend Action
New York march 23 directors of the Superior Steel Corporation took no action on the dividend for Scotmen stock at the annual rate of 3 a share. The capital structure was revised earlier and the preferred stock issues were eliminated. A deficit of 561,849 was carried forward after parment adjustments.
MENTIONED IN THIS ARTICLE
New York
Superior Steel Corporation
Scotrmen
Denda Oan Eh Ramen
Bond Prices Falter as Stock Decline Sparks Selloff
New York March 28 Bond prices weakened sharply in sympathy with a big stock decline. Interborough Rapid Transit bonds led the drop, falling 2 to 7 points to new lows as heavy sales hit the market amid rumors about the company’s finances. Other local traction issues followed, with mixed losses across rail and oil shares and forecasts of additional offerings pending stockholder approval.
MENTIONED IN THIS ARTICLE
New York
Interborough Rapid Tranal
Interborough
Nortols
Western
New York Centrals
Katy
Brie
Frisco
St. Paul
Missouri Pacific
New Haven
Pan-American Petroleum
Skelly
Otis Steel
Anaconda Copper
Paris
Austria
International Paper Company
American farms produced 1924 value topped by cereals
Washington reports 1924 farm output at 19.404 billion dollars, up 54 million from 1923, driven by higher crop values. Cereals led with 6.23 billion, corn at 2.295 billion, cotton 1.702 billion, hay and forage 1.733 billion. dairy values fell by about 86.9 million.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Department
Curb Market Drops as Heavy Selling Hits New York
Heavy selling unsettled the curb market with losses of 1 to 3 points across many issues after a Pennsylvanian price report. Public utilities and industrials fell moderately while Liberty Radio Chain Stores held near the year's highs. Notable declines included Lehigh Power at 93 1/2 and Méndia West utilities at 93 1/2, with several names like Commonwealth Power and Goodyear Tire down.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
South Penna
Taok
Gulf of Pennsylvania
Humbie Imperial
Canada
Internatonal
Ohio
Prairie Play
Stand
Indiana
Gale
de Forest
Charles Vreshman
Dubilier
Freud-Hisemann
Hazeltine
Reva
Liberty Radio
Lehigh Power Securities
Méndia West Utilities
Lossea
Commonwealth Power
Electric Bond and Share
Continental Faiing
Kelvinator
Gillette Safety Razor
Goodyear Tire
Swit? International
Metal Market Report March 28 Copper Tin Iron Lead Zinc Antimony
Copper steady spot and futures around 14 1 4 to 14 3 8. Tin eased with futures about 58 87. Iron steady with No 1 Northern at 28 44 90 and No 2 Northern at 21 00 2d. No 2 Southern 25 50 22 00. Lead steady at 9 90. Zinc firm with spot 49 and futures 7 37 to 7 44. Antimony around 14 50.
MENTIONED IN THIS ARTICLE
Strom
Studebakerve
Salea
Alaska
Texas Co
Sex & Pacific Tex Gu Buiph
Borch M + ao
Lynton Pac
Fay
Union Pac
Ea Y Los
Hur Co
U S
Tel-Tel
Tel & Tris
US Steel Pt
P& Rh
P& Rpt
Utah Co
Jonsa Bros Tai
Utah Secur
Bay
Jordan
Kan City
Sumatra
Keily
Kresge
Co Ag Bao Fon Waldorf
Weber Fell
Tob Pnie
Wits
West Par
Ami Loew's Inc
IBM
Wheel & LE
Ann Arbor
White Eagle Va
Archer
Say
Manila
Sais Wright Aero
Alloa
Wigley Ars
Mar St Ry
Aldwin
Loco
Pial Ray
de Chion N
Bat Mar Borkig
Bena Arar
Martin Farr
al Wesik Oh
St Isn Batt
McCory
Booth
Edison
Ie & Ar
Itiss
K-Tex Pal
Montana
Mont Ward
Buterick
Agia
Fiat
New York Dock
North Amer
Pac
BS Nat
Chicago
Penn Sea
Philadelphia
Philip Mort
Pierce
Gorden
Cuba
Pitta
Ier Sa
A Bat Od Radio Co
Sadie
Elec
Tt & Pr
Colt
Hutland
Abe
San Fr
Fielachinann
Louis
Atta
Foundation
South P
Fraepert
Sea Air Line Ag
Seara Roe Sea Air
AZ Ag Gimbel
Hades Co
Great Ag
Mo-North
Bly
MorNér
Gulf States
Snawats
Northern
Money market quotes from New Fork report
Money markets show firmer call money at 3 to 4 percent with high 4 low 1 to 2. Ruling rate near 4 to 4.25 percent. Call loans against acceptances around 3 percent. Time loans steady to 4 to 4.25 percent for 60 to 90 days and 4 to 4.25 for 4 to 6 months. Prime commercial papers quoted 3.25 to 4 percent.
Also Mentioned on This Page
Port
George E. Crawford
Chamber of Commerce
Guo
New York Stock Exchange
S&s Treasury
iNew England Equity Corp
State St
United Loan Corp
Sagar
Fairfield Ave
Cor Water ST
Wade
Hewley Ave
Pride
Gil
Te Ots
Indust. S
Pan American
Steck
Steal Corporation
General Motors
Southern Pacific
el Paso & Southern
Asso Railroads
Ot Ryu Unates
Mages
Gia Remy
Cews
Superior Steele
Metal Market
THE
Bridgeport Trust For the Ward
Investment Department
Noble
Be Tisha Krone
Joans
Main St
Sanardaye
Fes
Fidelity Loan Corp
Connect Out Industrial Leader's Association
Middle St. Corner
John
John and
Wail Sweets
City of Birmingham
Alabama
Birmingham
Hemphill
Noyes
New York Stock Bar
Guaranty & Trust Company
First Bridgeport National Bank Bldg
Bridgeport, Conn