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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

May 26, 1926

Page

22

Stock Market Mixed As Profit-Taking Hits Curbed Market

In brisk New York curb trading led by oils and utilities, profit taking slowed the advance late. Volume surpassed 390,000 shares with gains in public utilities as Southeastern Power and Light rose over 2 points to 29 1 4 before trimming. United Gas Improvement and American Light and Traction posted small to moderate gains while earnings reports boosted select issues.

New York Standard Oil of Trnswers Southeastern Power and Light United Gas Improvement American Light and Traction American Sumatra American Electric Ahurn Federal Motors Rickenbacker Glen Alden Coal Vicor Talking Machine Sparks Writhington

Stockholders sue Southern Pacific for 10 million stock claim

In New York May 25, AP reports stockholders led by Mary S. Young executrix of David G. Lerger filed suit in Buyseme court against Southern Pacific seeking 10 million dollars in stock of the former Houston and Texas Central Railway company.

New York Houston and Texas Central Railroad Company Mary S. Young David G. Lerger Southern Pacific Company Southern Pacific

Profit Takers Impede but Do Not Stampede Stocks

In New York on May 25, profit taking restrained stock market gains, though volume rose to 1,593,200 shares signaling renewed public interest. Rail and oil shares led advances on favorable earnings, with Pan American B crossing 70 and several majors closing higher amid merger rumors and crude production trends.

New York Union Pacific Lehigh Valley and Lackawanna Atlantic Coast Line Canadian Pacific Denver and Rio Grande Western Katy” Ptd Seaboard Air Line Ptd Pan American B Tidewater Houston Maracaibo Géneral Asphalt Mid-Continent Standard Oil California

Prices Peak as Bond Sales Show Vigorous Market

New York May 25 AP A general forward movement in the bond market today carried prices back to around the year's highest levels. Gains stemmed from renewed investment buying with speculative convertibles rising along with stocks. High grade utilities benefited, and several issues such as Northern Ohio Traction and Light 6s reached new highs before easing. Oil stocks led industrials with Skelly and Sinclair showing notable advances amid industry consolidation talk. Railroad bonds saw cautious but steady gains, while foreign and U S government obligations weakened with narrow price movements.

New York Northern Ohio Traction Light International Telephone Utah Light and Traction Skelly Sinclair Pan-American Remington Arms 68 Cuyamel Fruit Warner Sugar 7S Botany Mills Long Island St. Paul Terre Haute Putnam United States Pollah Bs Ates Exchange Nevada Hastmin Kodak Axie Np Ajax Vicksburg Alis Chamers Endicott-dohnson Orfols West Endicott-Johnson Az North Amer Cove Amer Erie North Aimer North Am Fairbanka Morse Co Shoe Way Omnibus Corp Fanos Fed Strae S Omnibus Co P Brown Bov P . Can Pew Onyx Howlery P Top Ain Chain Orpheum Orpheum Cire Imos Fisher Hody Flek Rubber Thy Klee Foundation Soon Fleischmann Co Inter” Gorp Penick Ford Sumetra Tob Penn Rove General Hive Penn Healed St 2Nhoo General Motors FIA Pila Gladden Co Sinc Ld Goodrich Pierce Arrow Armour Co T “Eb Gotham Goodyear TR Pleren Arrow Bae Baty Merce CN Arnold Con Corp N. Br OO Gotham Silk Pierce Petroleum Asso Dry Pittsburg ROO Pitts Util Pitts San Fe Atl Coast Line Gulf Moblie Nord Oy Gutci AML Austin Nichols Co Austin Nichols P Pullman Co Hy Ag Houston Oil Baltimore Ohio Findaon Manhattan Radio Corp Barnadail Corp Sy Ft Ie Hudson Motor Car Car Radio Co Pp Barne Co Upp Motoraly eRading Co + Bou Ray Betha Steel Beth Steel P Betth Steel Inland Steel Hepiogle Steel Repub Iron Steel Mfg Co Tnterborough Russia Ap Ik Louis Bfr Int Harvester Co Savage Arms Seare ATS Callahan Zinc Intertype O Bay Shell Union OL Shubert Tha Co Lord Ea Oa Joars Laughtt Simmons Co Jones Bros Southern Darles Kan City Simma Petrol Cerro de Pasco Keystone Tire Iey Lehigh Bor Ligg Myers Tima Gna Fev Tool Loew's Inc Lorillard Pierre Studebaker Co Chile Louisiana Loulay Neshy Chrysler Co Chrysler Superior Mack Trucks Symington Co Mackay Texas Co Columbia Texas Maracaiby Market St Ty Trado Congo Naim May Dept Conley Tin Polla Seaboard Miami Middie States Amtmer Pethey Tinton Algarib United Altay Cuba Montgomery Ward Itv Aca Cudahy Packlig Murray Body Corp von Boone WM Narh Motors Davison Chem National Thaewtt Ino Neer Sup National Biscuit Delawart Nat Cash Thanet Alenar Zano & Realty Tiny AML Bray Nat Dept Detroit Edison BOO Lew Dodge Don Vanadian Corp A Walworth C Ag Ward Baking Wilso Wilvon Pea aWzner Dhea Weber Felibr Penn Western Pac West Pac Union Tel Werton Elec Mnet Willys Woodworth Co Wright Aero Wrigley Co Youlaw Youngs Ri

Sale of White Star Line Re Opens in Britain

Negotiations for the White Star Line sale by International Mercantile Marine to a British syndicate were resumed after a general strike halted talks. Indications suggested the deal, contemplated before the strike, would close by month end in shipping circles.

London International Mercantile Marine Great Britain

Call money steady as rates drift in New York markets

Money New York reports calls money steady with a high of 4 and a low of 4, ruling rate at 4 and closing bid 4. Offered at 4 1/4. Call loans against acceptances at 3 1/2 to 4 1/2. Time loans steady to mixed collateral with 60 to 90 days at 4 and 4 to 6 months at 4. Prime mercantile paper quoted at 4.

New York Prime Mercantile

Hudson Baking Co Adjudged Bankrupt

The Hudson Baking Company of 09 Lafayette Street has been adjudged involuntary bankrupt. No schedules filed in bankruptcy court here, but three creditors claim the firm’s liabilities total $12,000 with assets of $3,000.

Hudson Baking Company Lafayettet Street

New York Cocoa Exchange Restored Name and Refund Plan

New York May 25 The Cocoa and Rubber Exchange of America Inc resumed its former title as New York Cocoa Exchange Inc after members voted to remove rubber futures amendments from the by laws. The board authorized refunds of 1000 to each founder member by June 1.

New York Cocoa and Rubber Exchange of America, Inc New York Cocoa Exchange, Inc Rubber Exchange of New York Board of Managers

Rubber prices plunge as NY rubber exchange sets record

Rubber in New York fell 4 1/2 cents per pound amid global market weakness. A record 1,329 contracts traded, totaling about 4,822 1/2 long tons, with July options most active at 41.99 cents. June closed at 46.20 cents as expectations of reclaimed rubber usage and ample stocks weighed on prices.

New York London Far Eastern Rubber Exchange of

Motor Industry Sees Growth and Efficiency Gains 1923–1926

A Commerce Department chart reveals the 1920s shift in auto activity with production rising in 1926 to more cars and higher total value while employment fell by 6 percent and wages dropped 6.7 percent. Closed car production increased, touring cars declined, and the share of closed cars rose from 10 percent in 1919 to 58.8 percent in 1925. Wholesale values per unit generally fell for touring and closed cars, rose for trucks, signaling price trends amid changing output.

Department of Commerce

Treasury Balance Washington May 25 daily statement

The daily balance in the general fund of the U S Treasury was 269 012 997 67 dollars as of today May 25.

Washington U. S Treasury Balance General Fund

Also Mentioned on This Page

Hudson R. R South Pacific The Associated Press Wales Sloney Fidelity Loan Corp State of Connecticnt New York Transits United Cigars Atlantic Refining United Cigar Stores Sumatra Interborough Rapid Transit St. Louis Gulf and West Indies California Packing Foundation Company International Harvester New York Canners Owens Bottle Postum Cereal South Porto Rican Sugar Western Union Lens White Star Jersey Central Power & Light Company New Jersey Boston E. H. Rollins & Sons United On Wallace C. Kamens Meigs Bridgeport Philadelphia San Francisco Los Angeles Chicago Denver Hudson Baking CO N. Y Wases Evosco Cars Fio Pees Brsacratts Bostor Treasury BN-3 American Bond & Mortgage Co Madison Avenue New York City Charles I. Crosby Spondent City Savings Bank Bridgeport Telephone Barnum Conn Light & Power Pfd New Haven Gas Light Standard Gas & Elec. Co. Prior Pfd Narragansett Electric Lighting Ohio Power Co Pfd Pid Hincks Bros. & CO Main Street Bridgeport Telephone Barnum N. Y. Stock Exchange N. Y. Cotton Exchange N. Y. Coffer & Sugar Exch Chicago Board of Trade Broadway Mutual System CO State Bank Bank Street City National Bank of Bridgeport Bacon Wakeman & Son., Inc Unquowa Road Fairfield Babsonis Babson Park Masten Send Gratis State OF Conn United Loan Corp Fairfield Ave Comer Water St
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