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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

May 23, 1922

Page

19

Stock Market Summary Mixed as Call Money Rises

NY May 25 Bullish tone dominates early trading with call loans climbing from 1 2 to 5 pct profits taken later. Oils steady with Standard Oil group strongest while Mexican Dutch issues feel pressure. US Steel hits a current high, rails activity limited, New Haven weak, Erie up, volume 1 355600 shares.

New York Cheab Jowse Shorts Sek Soft Shorts Standard Oil Group Beerecat Studebaker United States Steel Stoécks New Haven Risa Erie

Commerce Department reports city factory payroll rise

The Department of Commerce’s monthly survey shows city factory payrolls up 2.8 percent from February to March, with total payrolls rising to 17,008 from 16,843. The report notes coverage may exclude non factory payrolls and that results vary by industry, including gains in land transport and metal products while steel and iron hiring declines. Data reflects 170 firms surveyed in the city, with breakdowns by group and forecasts based on factory employment.

Department of ‘Commerce United States Manufacturers Association Department of Commerce Assochiion Department of Commere Industiins Faeorry Maren Locomobile Enidsepert Seno Produrition Lomi Son, Steel and Iron and Ever Thie City

Creamery X Higher Scoring TM Market Report

Market quiet and varied dairy items listed with prices and notes on creamery products. Mentions Wisconsin whole milk and regional brands with mixed quality indicators and several coded price fragments.

Muon Rene Wisconsin

Treasury certificates redemption approved in series 71

Redemption of Treasury certificates approved for series 71 is reported with details about the redemption process and dates. The notice cites official action by authorities and outlines the sequence of events leading to the certificate retirement.

Treasury

Westinghouse Profits Plunge Despite Large Year

Westinghouse Electric and Bryant Electric owner reports year ending March 31 1922 shows a heavy profit drop from 1921 with total earnings after charges at 5 827 383 and net operating profit of 4 260 180. The firm notes substantial asset holdings including cash bonds inventories and investments and reports paid off 773 000 current notes while maintaining debt free status aside from funded debt and reserves.

West- Fledric & Mfg. Company Bryant Electric Company Pittsburgh Voltage Insulator Company Company International Radio Telegraph Company Radio Corporation of America DelaWare Westinghouse Electric & Its Ang Linda TOOTH Profit

Cement output and construction optimism in May outlook

Government observers note Portland cement production reached 9 243,000 barrels in April up over the prior year, signaling a construction upturn. Shipments totaled 8 292,900 barrels, bricks on hand rose to 14 980,000 barrels, and the industry expects a 1901 level performance by May as building activity drives allied sectors and employment.

Washington United States Geological Survey United States Nurmser

Speculative Rails Lead in Daily Bond Trading

Speculative rails dominated today’s bond market activity as many domestic and war loan issues moved in higher volumes. Liberties showed some strength though the Sterling market weakened. Erie common led the rail section with several 4s and railroad issues showing fractional gains amid uneven prices.

Hong Erie St. Louis Adjustments Kansas City Rock Island Marquette Nashville Pennsylvania Central of New Jersey

Money Markets Slip Amid Mixed Economic Signals

A terse market note reports declines in several indexes amid mixed economic data. Traders cite weaker consumer spending and stubborn inflation as factors while some sectors show resilience.

Metal Market New York Prices Snapshot

Copper mixed electrolytic spot and nearby trading at 14 to 15 3 4 cents with 12 8 8 latest. Tin softer spot and nearby at 30 37 3100 with futures at 32.00. Lead steady spot at 5.50 to 3.85. Antimony around 0.475 to 0.30. Zinc and other metals show mixed moves across East London and nearby markets.

New York Lead Wing Ateady East Lokis Dett Spor

Also Mentioned on This Page

Coty Beery Texife Ayn & L Siral Sina Lena Goodrich Ste Bae Ant Aina Ravel Wwe Westinghouse CO Ralph F Couch Rou Etion i Zi Aso Agerpeotn Bey Ceolan Asone Bob Conteh ABI Love Las Te Sales Commonwealth Power Commonwaich Power Corporation Michigan Ohlo Indiana Timois Cimé New York Stock Exchange Hincks Bros & CO Main St Bridgeport, Conn Brooklawn Park Algonquin Road Country Club Imerdiate Wood & Yarbrough Temarates Barnum Equitable Industrial Loan Society, Inc Fairfield Ave Metal Market Bridgeport Guaranty & Ties First National Bank State National Bank of Commerce Mrr James S. Alexeder Bank of Commerce In Equitable Life Assurance Society of Mural Life Insurance Company of Heidelbach, Ickelheimer & Co Lazard Freres Lehman Bros Hallgarten&Co Goldman, Sachs & Co
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