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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Mar 24, 1925

Page

17

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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