Steel Issues Control Trading in Active Market
New York May 4 Stocks were active and strong led by United States Steel with an extreme gain of 24.8 points, contributing about 30 percent of total turnover. Associated stocks rose 1 to 24-2 points, with American and Baldwin Locomotives rallying on large government contracts. Coppers lagged amid war board price adjustments, rails showed brisk demand, total stock sales 366000 shares, and bonds remained firm with par value sales at about 9.19 million.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
U. S. Stel
American
Baldwin
War Board
Rails
Reading
Transcontinentals
New York Central
St. Paul Ptd
Uu. S
Tate
T. L. Watson and Co
Corner Main
John Streets
Bridgeport
Conn
New York Stock Exchange
Car & F
S.& Re Co
Re Co
T&t
Laska
G&éwt
T&s Fe
Alt & Ohio
Hi Be & St P
Hiég& GW
Chi R I & Pac 1846
Sri&p Pia
Ug Central
Axwell
Idvale
Issouri Pac
For & West
Yi Central
Man Pacil
Frnif
Alco
U S
Erly Stas
IcAdco Limits Profit on Railroad Supplies
Washington May 1 It is the permanent policy of the administration to limit profits on government purchases of equipment and supplies to 6 cents. Bids to be taken up next year will be based on cost plus 6 or 6 cent. basis. Critics say excessive profit has been earned under the cost plus 15 percent arrangement. American and Baldwin Locomotive companies would have earned 1.7 percent on the capital in government orders of 4. Value of 250 million dollars.
MENTIONED IN THIS ARTICLE
Washiington
Erican
Baldwin Locomo
Railroad Administration
American Car and Foundry
Washington
July Corn in Price Range Over Cent a Bushel
New York May 1 prices in the corn market were not decisive though July futures moved over a cent. Technical position firmer from recent liquidation, aiding demand from shorts. Seed corn supply still a concern but testing thorough. weather clear and warm for planting. Oats rallied late with a steady undertone despite bear sentiment from favorable crop prospects. Chicago market tumbled on liquidation and peace talk, May and July corn futures slipping, oats and provisions mixed as receipts and demand shifted.
MENTIONED IN THIS ARTICLE
New York
Shorts
B. W. Snow
Clement Curtis & Co
Chicago
Kansas City
St. Louis
Army in April cost more than six hundred million
Washington May 1 The April ordinary disbursements total nearly 900 million, with 600 to 650 million paid to the military establishment. Purchases of foreign obligations were about 250 million, the smallest in months. Income and excess tax take about 85 million. Internal revenue for ten months around 1.23 billion, nearly double 1917. Ordinary year expenditures exceed 5.5 billion, with foreign obligations pushing total to about 9.5 billion. Daily rate roughly 33.6 million, April Sapete eet noted.
MENTIONED IN THIS ARTICLE
Washington
France
Sapete Eet
Spain to Buy Large Quantities Material Here
Washington May 1 Spain plans to send a delegation to discuss commercial relations with the United States. The move signals neutrals’ reliance on U S goods as Spain has a debit balance of 125 million with the U S in three years to 1917, plus further monthly increases. Spain seeks railroad material and construction equipment for public utilities, indicating broad purchases in American markets.
MENTIONED IN THIS ARTICLE
Spain
Washington
United States
South
Central America
Live Financial News of Day Tersely Noted
New York May 1 The market showed better tone but weak momentum. Steel issues led by Republic Steel with a strong first quarter. United States Steel earned 7.21 a share on the year, officials cited 12,500,000 car orders under rail contracts, and Anaconda posted solid earnings despite labor strife. Interborough-Consolidated preferred trades poorly below 40, with six cent fare debates noted amid broader financial reconstructions.
MENTIONED IN THIS ARTICLE
New York
West Front
Republic Steel
Steel Corporation
Allis-Chalmers
Inter-Con
Interborough-Con
Cotton Market Quotes From New York Private Wire
New York cotton quotations received over the private wire of L Watson & Co show May at 2700 to 2720, July 2694 to 2687, October 2612 to 2526, and December 2600 to 2695, reflecting active price movements across contracts.
MENTIONED IN THIS ARTICLE
Chicago
T. DL. Watson and Co
New York
Ts 'L. Watson
Coigh Bow
U. S. Buys 2d Bonds to Stabilize Third Issue
Reports from Washington say the government is quietly purchasing second bonds to stabilize the third issue. Purchases are conducted through Federal Reserve banks as market activity looms. The move aims to support prices ahead of next week’s public market.
MENTIONED IN THIS ARTICLE
U. 8
Awastilngusin
Federal Reserve Banks
Obituary notices from 1918 city births and funerals
Deaths include James Levi Tompkins 38 years May 2 funeral at Fairfield avenue Moruary chapel interment Center cemetery Goshen Conn Lucy Theusen May 2 funeral private interment St Michael's cemetery Rose Elizabeth McGrath 4 years 1 month 20 days May 3 funeral 162 Madison avenue burial St Michael's cemetery Delia Madigan 48 wife of John Madigan May 3 funeral 415 John street and from Saint Marys church Henry Roth 72 years May 3 funeral 1422 North avenue interment Lakeview cemetery
MENTIONED IN THIS ARTICLE
St. Michael's Cemetery
Hesht
Madigan
Delia
John Madigan
Tvriends
M. J. Gannon
John Street
Many's
St. Michael's _cemetery
Roth
Henry Roth
North Avenue
Lakeview Cemetery
Hat
Pacific Engine Co Meeting Notice Stresses Attendance
Pacific Engine Co. asks members to attend the meeting this Thursday evening May 2 at 7 p m at Headquarters 1677 Main Street. Assistant Foreman Cox signs the notice urging all to be there.
MENTIONED IN THIS ARTICLE
Pacific Engine CO
Main Street
Co. W. Cox
Asst. Foreman
HY Tape
Scey
Special meeting notice for Abraham Tincvoly lodge event
A notice announces a special meeting of the Abraham Tincvoly lodge, T. C. 2, P., M. O. to be held Thursday at 7:30 in the lodge room at 1625 Main Street. The gathering occurs on the death of Brother Henry Busfield and honors his memory.
MENTIONED IN THIS ARTICLE
Abraham Tincvoly
T. C
M. O
Henry Busfield
Lodge Room
Main Street
Also Mentioned on This Page
IcAdco
Live Financial News
United States Steel
Anaconda
Connie Lewis
Fairfield Ave
Burns Bros Lee
Burns
Emerson Phon
AP & P
I Steamship A
USL & Jetl Sk
L&h Etf
Pido Wrigh
Ali VW Motorack
Smith
United
Montflotte
Detroit
Calumet & Jerry
George P. Potter
Barnum
Broad Street
Pennsylvania
Kentucky Oil & Gasoline Refining Corp
Bi-Pt
Fiottanpee Coms & Company
T.L. Watson & Co
Main & John Sts
Employers’ Consulting
Poli’s Theatre Bldg
the Monumental Bronze Company
Howard Avenue
Farmers’ Supply & Roofing CO
Middle ST
Howard Ave
Solomon & CO
John P. Keogh
Stock Exchange of New York
P. D. Arcade
W. F. Hammond, JR
Patriots
Kilberty Lew Ponds
Sol
James Staples
Bridgeport, Conn
Brooklawn
THE
Bridgeport Land & Title CO
Bridgeport Real Estate
Guaranty & Truss Company
First Bridgeport National Bank
J. Cowperthwait
Buckingham Ave
Greenfield Hill
Qenox Ave
Pembroke St
Tembroke St
West Ave
Leste Wagner
Meigs
Bridgeport Burlap Sack CO
Knowlton ST
Fawthorne Mfg. Co
Chalmers
Tarley Davidson
Studebehar
Chevrolet
Selden
Maxwell
Lesa
Ata Rae Erie
Ath
P.O
J. Barrocous
Seaview Avenue
Gerstlr
Lindley
Capitol Ave
Plaform
Jack
Employment Office
Remington Arms Co
Boston Ave
Goodfear Rooting CO
Nolte 402
Hox
Ptatha
Gify National Bank
City of
City Hall
Howard F. Smish
Remington Arms Company
Carpenters
Employment Bureau
Barnsford
Main ST
City
Fightor
Liberty
Express
Connecticut National Bank
Main and Wall Sts
Hau
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