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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Nov 09, 1923

Page

25

Stock Prices Jump Again in Active Market Rally

New York November 3 stock prices advanced further amid an active market. Industrials rose several points while some issues moved to weekly highs. Copper, brass, rubber, and iron output boosted optimism. Mid-Continent crude cut and sterling weakness tempered gains. Major names like U S Steel Baldwin Studebaker American Can posted gains. United Railways, Woolworth, and others led steadyely higher as the market rallied on mixed news and investor demand.

New York Voay Commission Bouses Ogden Armour Sterling Exchange Baldwin Studebaker American Can Stromberg Chandler Motors Stewart-Warner Humova Players American Tobacco B American Agricultural Chemical Preferred General Baking General, Cigar International Paper Market Street Railway Ixvues United Railways Invewront Preferred Tideswater Oil Woolworth Tre New York Central Wabash Union Pacific Northern Pacific Kinois Central Calimonty

Bridge bond issue offers in New York firm

R M Grant and Co of New York propose a 30000 East Washington avenue bridge bonds issue. Bonds mature September 1 1927 38 at 42 percent accretion with prices to yield from 4 35 to 4 25 percent according to maturity. Branch banking curb proposal submitted to McFadden committee by W P Rathie for ABA and NN Opposed to Branch Dancing. Stores finished block on Middle street for Tale University Building Corp completed except minor finishing details. Block expected to boost Middles cream as a merchant thoroughfare.

R. M. Grant and Co New York East Washington Avenue Federal Reserve Board McFadden Joint Committee Federal Reserve W. P. Rathie American Bankers Association National Middle Street Tale University Building Corporation

Cotton market edges higher on bullish government ginning data

Government ginning figures for October April 35 show seven and a half million bales, triggering a bullish interpretation. A daily range over 100 points preceded a short covering rally and renewed buying interest, lifting futures to new highs despite an early dip. Private wire notes from Lilienthal and Co. in Security Building recount the action.

Shorts Grerathon Lilientha and Company Main Street

New York Pressed Steel declares quarterly dividends

The company declared a quarterly dividend of 1 dollar on common stock. The last dividend was paid in June 1923. General Motors also announced a deviation from its regular quarterly dividend of 20 cents on common stock and regular dividends on senior securities.

New York General Motors Company Comaon

Postal Receipts Rise in Bridgeport Area October

Bridgeport led Connecticut industrial cities with October postal receipts of 72188.79, up 16.28 percent from October 1922. Waterbury rose 21.70 percent to 33250.19, New Haven gained 7.28 percent to 127157.27, and Hartford rose 35.14 percent to 37294.50. Nationwide 50-city average up 9.2 percent. industrial cities up 12.03 percent.

George H. Manning Washington Connecticut Bridgeport Waterbury New Haven Aartford

Realty Records Deeds and Real Estate Transfers

Warranty deeds show Elmer J. Orton to Florence Gorham Holmes Realty on Ezra Street. Adolf Sherman and Walter M. Redfield to Signe M. Sherman Realty on Harral Avenue. Filomena Maza to Stefana Orlowska Realty. Henry Swain et al in Esther Bowerman Realty on Marion Street. Charles Levin to Isider Sherman et al Realty on Marion Street. Mortgage deed Stephen F. Goucher to Stephen Beoneys Realty on Livingston Place for $2. Andrew Gonert to Julius Nussensfeld Realty on Warfield Avenue for $2,400.

Elmer J. Orton Florence Gorham Holmes Ezra_ street Adolf Sherman Walter M. Redfield Signe M. Sherman Harral Avenue Filomena Maza Stefana Orlowski Henry Swain Esther Bow Man Marion Street Charles Levin Vo Isider Sherman Mortgare Stephen F. Goucher Stephen Beoneys Livingston Place Andrew Gonert x Julius Nussenfeld Warfield Avenue

Federal Reserve Bank Statement Issued Details NY Nov 7

The Federal Reserve Bank of New York reports at close of business November 7 total gold reserves of 933,649,843.5 and total reserves of 948,502,966.95. Government war obligations discounted total 119,282,405.32, open market purchases 275,406,806.101, notes on hand 242,836,931.32, earnings 435,681.45, deposits 629,046,160.42, and currency in actual circulation 455,559,057.00. Reserve account is listed as due to members.

New York Federal Reserve Bank of New York SOTS Cenoric F. R

Railroads Lay Plans for Tremendous 1924 Expansion

New York November 3 The American Railway Association and the Railway Executives association announced an ambitious 1924 plan to expand finances and physical capacity across 244 roads. The program targets a total capital outlay nearing 1.8 billion dollars since 1922, aiming to boost locomotives cars and facilities, with emphasis on unity with the public and shippers for efficient movement and reduced embargoes.

New York One Association of Railway Executives Serly A R. A Lawcet Posmitia Traifc Car Service American Railway Copsciation

Big Revenue from Autoists

Washington reports auto mobile buyers pay about two and a half percent of federal revenue. Internal revenue taxes on cars totaled 101,080,000 for the year ending September, roughly 50 cents per dollar of all tax receipts. Auto taxes are levied on car sale prices paid to manufacturers, with similar taxes on trucks and parts not included. July shows peak collections for auto purchases, with buyers totaling 13,501,000 in that month.

Ralph F. Couch Washington Prrehesere Eara Treasury Department So Gow Mutonebie

Grain market soars as corn leads rally to new high

Grain prices lift on corn strength with wheat steadying after initial declines. December corn gains to 15 8 after a bearish crop report hint, while lard hits new seasonal highs and wheat recovers modestly. Traders weigh British tariff plans and New York market signals as exports and receipts affect prices.

In- Quencey United States Beaides New York Locorn

Metal Market Prices Steady Across Core Metals

In New York on November 4 Conner steady demand shows in electroplating markets with futures at 127 8. Tin prices hold at 43.25 per unit and remain steady. Lead sits at 73 with zinc quiet near 6.95 to 7.17. Antimony trades around 9 2. The brief market update notes little change across spot and nearby contracts.

New York Conner St. Laws

Defunct Stock Exchange House to Pay Creditors

New York creditors of Robert P. Marshall Co New York Stock Exchange house plan cash and securities payments within weeks. Federal court discharge application to be filed November 21 reveals assets exceed liabilities by about 2 million dollars and some receivables are insecure balances due from customers. Marshall senior partner will keep his NYSE seat but will make no future plans until bankruptcy is settled.

New York Robert P. Marshall & Co New ‘York Ordee Tiwag Marshall New York Stock Exchange

Local Produce Prices and Market Trends in 1823

The November 8 1823 market report details abundant apple movement with native Baldwins and Groenings dominating and shipped varieties York Imperial Stayman Winesap and Rome Beauty arriving from southern orchards. Prices vary widely with Baldwins around 3.00 per barrel and Delicious up to 4.00 per box. other produce including potatoes carrots and cauliflower shows varied demand and steady to rising prices.

State Board of Agriculture Baldwins and Groenings York Imperials Stayman's Baldwins Arkat Boreas Nature Maine San Bumen Kennery Kennery 78- .80; Nearby Fatherrd Weatery Stormiye Bureeh

Grandia of His Sons in Pennsylvania Iffy Local Notice

By virtue of his marriage to his mother in law Charles Miller of West Chester Pa is described as grandfather of his own children. The bride is Mrs Tauro Douglas Tyler of Frederick. The text notes her height and age in a fragmentary probate style, with details missing and uncertain.

Ghetysburg Charles Miller Weal Chester Tauro Douglas Tyler Frederick Miller Ln

Curb Market News From New York Daily Trading Summary

Curb market activity in New York showed prices moving forward in a day of lighter volume. Oil stocks led gains with Prairie Oil and Gas up to 196 and later 133, while Cities Service Imperial Oil of Canada Ohio Oil and Standard Oil saw fractional to moderate advances. industrials eased except motors. Stutz and Durant edged up. coal stocks stayed narrow with Glen Alden down and Reading up slightly. Gold dust advanced.

New York Noy Prairie Oil & Gas Cities Service Imperial Oil of Canada Ohio Oil Standard Oi Hinoix Pine Stutz Durant Glen Alden

Three Changes in Stock Exchange By-Laws Approved

New York November 3. The New York Consolidated Stock Exchange Board of Governors approved three by-law amendments aimed at investor protection. One requires members to file with the Exchange copies of circulated statements about securities before publication. Another permits the Exchange chairman to guarantee genuineness of endorsements, with guarantees acting as indemnity examinations for recipients.

Stock Exchange New York New York Consolidated Stock Exchange Exchange

Increase Capital Stock by New York Title and Mortgage Co

Stockholders voted to raise capital stock from 5,060,009 to 6,006,000 dollars. New shares issued at 125 dollars per share with one new share for every five held. Additional dividends to be paid pro rata after December.

New York Tille & Mort

Also Mentioned on This Page

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