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Bridgeport Telegram in Bridgeport, Connecticut

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Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

May 11, 1926

Page

17

Steel Market Slump Triggers Auto Price Cuts In May Market

New York May 19. Reactionary tendencies dominated today’s stock market with little bid support and a late rally fading. Major declines hit Gulf, Vacuum, Humble, and Electric Investors while General Electric eased. Motors weakened on news of auto price cuts, Ford Motor of Canada slid before a partial recovery.

New York Skelly Company Gibson Gulf, Vacuum and Humble Glen Alden Lehigh Valley General Electric Motors Ford Motor of Canada Rickerbacker

Receiver Ready for Bids on Road in Hampden

Springfield May 10 The Hampden railroad line built between Springfield and Palmer about a dozen years ago and never operated was advertised today for sale by receiver William Gilbert under Superior Court authority. Bids due noon June 3 may be on the property as a whole or in indirect groupings. The 14 mile line was planned to connect with the Central Massachusetts line of Boston and Maine at Bondsville Palmer.

Springfield Mass Willaims EL Gilbert Hampden Railroad Palmer Superior Court Buis Boston and Maine Bondsville New York, New Haven and Hartford New Haven Boston

International Railways notes secured by first mortgage bonds

International Railways of Central America notes on the New York Stock Exchange are kept at a market value 110 percent of the notes. 1925 income exceeded 2.7 times mortgage interest plus interest on the notes. Junior securities valued about $16,800. Price to yield roughly 6.40 percent. Hemphill, Noyes & Co. New York. City Savings Bank Building Bridgeport. Philadelphia office listed.

N. YW. Stock Exchange Hemphill, Noyes & Co Meobern New York Stock Exchange - City Savings Bank Bridgeport Telephoor Barnum Borton Pirtsbansl BNI American Bono & Mortance Co Anglo Responsible House Madison Avenue New York City Charles L. Crosby City Savings Bank Telephone Barnum

Bond Prices Drift Lower as British Strike Continues

New York May 10 Bond prices eased in dull trading amid hesitancy. No change in the British strike or domestic credit outlook affected the market. Offers absorbed by institutions kept rates around 88 to 90 with about 1000 turnover. Industrial bonds eased. Norfork and Western convertibles dipped. a large new issue for Northern Pacific tied to 8.6 million may be offered. A 2 million seven per cent issue for Arthalt, Germany, slated for tomorrow with yields around 6 to 7.6 per cent.

New York Muay Lst Norfolk and Western Florida East Coast Gaturin Western General Ds Skelly Crown Cork Dominion Tron and Steel New England Telephone and Telegraph Company Arthalt Germany

Wall Street Slides on Bear Pressure Amid Broad Selloff

Liberty bonds listed with varied yields as trading opened in New York May 16 while stocks tumbled sharply. Major names including General Motors and U S Steel extended losses, with declines across motors, rubber, and industrials. rail shares eased and commodity prices offered mixed signals as call money steadied around 4 percent.

U S Steel Reports Large Decline in Unfilled Orders

New York May 10 Unfilled orders of United States Steel corporation for April totaled 2 467 976 tons, down 511 939 from March, with Wall Street forecasts for a larger drop. Orders remaining to be filled at the end of the period are at their lowest since last September, as forward business has fallen steadily since the season began.

New York Bear Tendera Autivers Unted States Steel Corporation Selans United Stats Steel Corporation Wall Street Sitce Marco

Grain market edges lower on government crop report

Wheat prices eased in a five sided market as government crop data trimmed expected domestic winter wheat yield. Chicago quotes were irregular with modest advances in May and July futures while corn and provisions moved in mixed shifts. Frosts and rising hog values supported some upside while visible supply declined slightly.

Akotas Osota Nebraska Canaan Northwest Chicago Prion Nee Fm Jake

Treasury Balance Filed For Public Notice

Treasury balance shows a lay in of the U S fund totaling 8 2 244 956 85 dollars. Government officials record a lay in and prepare for public accounting.

U.S Or

Metal Market New York Prices May 10 Report

METAL MARKET NEW YORK May 10 Copper quiet electrolytic spot and futures near 64.50 to 64.50. copper futures 1.2. iron steady with Northern No 2 at 21.00 to 23.00. Southern 22.00 to 23.00. lead steady at 7.43. zinc steady at 7.70. antimony at 1.50.

New York East St. Teula

Money market brief from New York highlights mised collateral notices

In New York Money Market notes report prices show high for some instruments at four, low at four, with closing at four. Loans against collateral are referenced with terms around 60 to 40 days and 4 to 6 minutes, while prime mercantile paper remains steady amid minor fluctuations.

New York Atay Ioan

Foreign exchange steady business in New York May 10

Foreign exchange in New York remained steady with quotations listed for Great Britain France Belgium Germany Sweden Norway and Austria. Demand and cable rates are provided for several currencies with varied bid and ask figures across markets.

New York Oreign Great Brian Ables France Eales Belgium Germany Trolland Seorwey Sweden Venmark Ertahil Austria Foumanks Ou Tina Ae

Rail Stocks Show Strength Amid Market Slump in 1926

The stock market scene in late 1926 highlights rail issues as resilient, with rails near 1920 top prices while industrials lag. Rail earnings have improved after a harsh winter, with March reports expected to set a new earnings record, possibly up 15 to 20 million dollars from 1926.

Siupiplos Seaven

Also Mentioned on This Page

International Railways of Central America Mohey Marth Fidelity Loan Corp Middle St Corner of John Bar State of Connecticut Westport Fairfield Stratford Milford Guaranty and Trust Co National Bank Bidget Conn Newsrarernn Unive New England Telephone Co U. S Liberty U. S. Treasury U. S Treasury Judd U. Og. Treasury Mtubber Coders Studebaker Dodge Brothers A Jortan Moon Fisher Goodrich General Motors Mack Truck General Motora U. S. Steel Commod Bethlehem DuPont Josa Radio Corporation Postum Pullman Ray Sugar U.S. Steel Treasury Metal Market New York Stocks Exchange Krom Aily Rumely P Horeest Air Reduet Shuttuck F.G Shell Io Shell U Alla Chain Iowell Rhubert Theatre Corp Isa Amerada. Corp Jordan Motora Kayser Kelly Skelly OU Bay Kelly Spring Paige Porto Rico Myers Lima Loco Strom Interhatinn Studebaker Corp Pierre Co Kim Oi Vo Vinapzi Bs Rweeta Co Syn Co Penn Cop-Chem Amn Binetting Tex-Pac Snxur Maras Haag Az Am Samatra Marland Martin Parry Dept Stores Vadern Tryew Muytae Co al McCrory Btrs Met Goldwin Ansconda Copper Talon Paciat Archer Dan Sidldarty Btn Miami Copper Union Armour Co United Allor Steed Zou United Cigar Stores United Brug Misxon Montana Moon Motor Car Shustin Nieburg Co U S Baldwin Eldlng Brothers Beth Siei & P AL Fa Foy Uh Willys Bsanson Bk Nevada Wright Arconwu Manny Goo & YX Ale Wrigley Jr Brown Aklyn Union RY Central Young Gang Brwnnwick Balke Walash Hay OM Walworth Co Bute Apeller Worth Ameri Co Ward Haking Gutertek Tae Northern Pac Warner Bros Tyers Norwelk Tir-Aw Weber Hoeithroner Ann West Maryland Uy Ny Runnally Co Amnibua Gamibus Corp Collings Weston Beemet Cirealt Rteel RYE Wheel & Lake Mine Gwena Hottie White Motor Co Nam Wick Spence Qverlaond Pri Chandler Cleve Paige-Det Orth Ohio Pan-Am Wright Aeronautical Bron Banh Vel Truck & Coarh West Ay Bay Park Utah Con SC Nel Tr Philadelphia North West Philip B Morrin - Co RT Pac Brno Childs Co Vieree Arrow Chile Pierce Arrow Minisior Corp Chrysler Co Pitteb City Onsy Colo Tuel Tron Nh Culandin Pitte-West Va Fer Corp Radio Corp At Baty Consol Diatbrs Ag Radio Corp Consol Gan Ing Cuba Rogsla Ins Co Ahs Wu Pudal Bo Bon Seab A. Larete Devoe Naynolds & Aa Heagraye Corp Bray Pale Lia Hisentohr Bros Edicott Johna As Ata Ina Fleluch Foundation Foy Tim Gabriel Raebber Bey Elea Ant ORLY Rafia Ayn HB. Merritt & Co. Inc Main St Chapel St Eas the Colonial Bond and Mortgage Company Chapel Street Colony Rubernmen Connectomt Bank Commenene Noble New England Equity Corporation Franklin State Stanwey Post and Telegram
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