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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Nov 12, 1925

Page

25

Kean Sugar Refining resumes dividend amid restructuring

The Kean Sugar Refining company lifts its common stock dividend to 5 with a $1.25 per share quarterly payment, after a prior $1.75 in July 1921, and names W Ed Foster as president replacing Earl D Erbst. Edward A Webber takes vice presidency as the firm, amid postwar sugar downturn, reports $22 million cash on hand and plans to maintain the regular $1.75 preferred disbursement and a January 2 dividend date for shareholders of record December 1.

York Kean Sugar Refining Company W. Edid Foster Coua Earl D. Erbst Sugar Inn

Foreign exchange rates steady in New York market

Foreign exchanges in New York were steady with quotes in cents and francs. Major rates included Great Britain at 4.84 3-8 for demand and 4.34 8-4 on cables, France at 3.35 1-2, Italy at 3.98, Belgium 4.58 1-2, Germany 23.80, Japan Tokyo 42, Shanghai 78 4-8, and Montreal 100 3-32.

New York Great Britain France Italy Belgium Germany Hallang Norway Sweden Denmark Switzerland Spain Greece Poland

Cotton market steadies as futures rise modestly

Cotton prices in New York on November 11 show spot steady at middling 21.10 cents. Futures close higher by 55 to 78 points with December 20.60 to 20.70, January 20.30 to 20.35, March 20.35 to 20.38, March 20.08 to 26.12, and July 18.60 to 19.66.

New York Stock Exchange Xr Foundation Co Reynolds Foundstiaarts Ajax St Louis South Yy Seagrave Corp Benra Roebuck Shattuck Co Ge Simms Petrot and Bey Gar Fay Ginter Co Gudden Co Goodrich BI Co Oy Uy West Sue Greene Gulf Mob Harl Corp Hayes Strom Lay Mae Studebaker Houston Suenlor Howe Sound Co Sweets Co Amie Daly Hudson Symington Co Hudson Moto I Penn Euch Llinois Central L. Oy the Air Co Tidewater Oil Perry Aus Gorp Twin City Cement Lab Cement BP Union Beg United Cig Une Armour Jordan Motors Bay United Drug Une Armour Kayser Co United Ry Inv Wsar Kelly Suing Kennecott Die Bose Keystone Tire Ashe Tn Song Co Atchison Pea Lehigh Valley Gulf Wa Atlas Powder Atlas Tuck Ligg Myers P Austin Vanad Corp van Taaite Cho la Ontard Co van Raalte al Ohio P Louis Saee Bangor Nash Louis Gas Vivaudou_ Inc Ludlum Wabash Ryon Barnsdall Ward Baking Beechout Pokey Bah Vinson Co Belding Beth Steel - Aty Son War Bros Pic A Beth Steel Maracaib Martin Parry West Maryldes Ifate Brown Shoe Maytag Co West Pacific Ty Thy Tay Bruns Hai Col Adi McCrory Sts West Air Brake St Louis White Eagle OU White Motor Co Willys Callahan Montana Bomar Pia Montgomery Waa Woolworth Wright Aero Central Leath Mulins Wrigley Murray B Corp Youngsta Hs Century Rib Cerro de Jasco Chicago Childs Co Cluatt Peabody Nunnally Co Soly Gop Dbs Ag Packard Motor Ie Pan Am Pet Contin Motors Pan Am Park Tilford Crex Carp Penick Ford Cn cChrysler Penn Coal Crucibel Steel Cuba Cuba Cate 34 504G 1% 300 Pere Margee Tae Philadelphia Ae Cudahy Shmans Inc Phin Morris Umel Frisie Ati Phillips Jones Co Bits Ano Devison Chemay Phillips Betrol Pata Tudsener Phoenix T Hostery Pierce Leuk West Alia Rtow P Pitts Va Eaton Axle S.pr John Ay

Metal Market New York Copper Tin and Iron Prices

Metal market report from New York shows copper steady with spot and futures around 14.84 to 14.87. Tin calm with spot near 61.62 and futures 62.25. Iron and lead steady with small ranges. Zinc quiet with last prices around 9.00. Antimony at 29.00 to 29.50.

New York St. Louis

Bond Prices Advance as Railroads Lead Market

Bond prices moved forward in New York as stock recovery strengthened appetite for railroad liens and convertible issues. Strong gains in railroad bonds included Norfolk and Western convertibles and Denver and Rio Grande Western, with further advances across Central of New England and New York Central bonds. Industrials recouped losses, led by Pan-American, Sinclair, Anaconda Copper, and International Mercantile Marine. Foreign issues drifted, while expectations grew for new loans tied to German conditions and plans for Westphalian electrical industry and Bank of Essen loans.

New York U. S New York Reserve Bank Norfolk and Western Denver Fic Chesapeake Ana Central of New England Louisville and Nashville Hudson Manhattan Pennsylvania Consolidated New York Central Consolidated Skelly Sinclair Is Pan-American Anaconiia Copper Is International Mercantile Mariners Eastern Cuba Sugar Pacific Telephone Virginia Carolina Chemical Bonds Reichsbank Bank of Heseen

Shipping News From New York Arrivals List

Ships arriving and sailing from New York with details of vessels such as Westphalia Majestic utland American Merchant London Qonte Reese and Veendam London to Genoa routes. An array of ships reported in transit with dates in November from Hamburg Southampton Rotterdam Bordeaux Vigo Bremen and Vigo.

Westphalia New York Hamburg Majestic Southampton Utland San Francisco London Qonte Reese Genoa Qrbita Veendam Rotterdam la Bourdonnais Bordeaux Chicago Vigo Roosevelt Bremen

Realty Deeds and Mortgages Across Several Streets

Mortgage and quit claim deeds recorded for multiple properties in Hallett Pembrooke Helen Streets Palisade Avenue East Main Alfred Gordon Wade Courtland Howard and Colorado avenues. Transactions include Michael Robstock to American Bank and Trust and Samuel Ladinsky to Abraham Podoloff among others with values noted at $5000 and $2000.

Michael Robstock American Bank and Trust Company Hallett Pembroke Helen Streets Samuel Ladinsky Abraham Podoloff Palisade Avenue Samuel Linadinsky Israel J. Cohn Katie Lucas City Loan Corporation East Main Street Agnes McCone Mechanics and Farmers Savings Bank Alfred Street B. Loretta Fitch Frederick Kirschner Gordon Street Annie Rabingwitz First National Bank A. Podoljafé

Money market clears with varied call loan rates

Money New York reports call money easier with high 34, low 4 1 4, ruling 4 3 4, closing 4 1 2 to 4 3 4. Time loans steady with 60-90 day at 4 9 4 7 8, 4-6 months at 4 3 4 4 7 7 8. Prime mercantile paper quoted at 4 1 4.

New York Prime Mercantile

Fox Theatres Proposes $12,000,000 Stock Offering

New York Navy 11 AP reports the largest single stock issue for a theatrical company. Fox Theatres to issue $12 million in common shares at $25, via Tay lor, Thorne & Co. The firm, formed by William Fox and partners, aims to acquire moving picture houses and real estate, independent of Fox Film. Subscriptions already exceed the offering, forcing scale-down of allocations.

New York Navy Wall Street Fox Theatres Corporation Taylor, Thorne & Co William Fox Moving Picture I’ex Film Corporation

Stock Exchange Rejects Seat Increase Proposal

New York, Nov. 11 CAP The governing committee proposal to raise exchange membership from 1190 to 1125 and to sell 25 more seats at 135000 to 145000 was decisively defeated by 648 against and 268 in favor in a total of 941 votes cast with 25 defective ballots.

New York New York Stock Exchange Exchange

Wall Street News Notes Deficits Narrow in Nine Months

New York reports Superior Nil shows a nine month deficit of 411.30 versus 914,154 a year earlier. The third quarter deficit is 168,000 compared with 5,362 in 1924. A G Spaulding & Bros earns 1904 a share on common stock with net income of 1,850,795 for the period, vs 775,832 last year. Logs of 101,220 before depreciation are posted by Penn Seaboard Steel for nine months 1926, against a loss of 227,015 in 1924.

New York A. G. Spaulding & Bros Penn Seaboard Steel

Price Halt in Potatoes Sparks Market Pause

Chicago reports from AP note the large price advance in potatoes has halted as dealers hesitate to buy. US Bureau of Agricultural Economics says prices slowed after a rapid rise, with city wholesale levels still three to four times last season. About 300 carloads of potatoes arrived from Canada last week, with total imports this season around 400 cars, vs 20 cars year ago.

Chicago Spud United States Bureau of Agricultural Economies United States Canada

Trumbull Steel to float 15 year bonds at 96

Following a readjustment of its finances Trumbull Steel will issue its second bond issue of the year tomorrow offering 15 year bonds at 96. The underwriting syndicate is led by Bankers' Trust and includes the Cleveland Trust and Otis Company.

New York Trumbull Steel Company Bankers’ Trust Company Cleveland ‘Trust Company Otls ’ Company

Also Mentioned on This Page

Erigan Treasury Sfingdon Unitea of Treasury Onsult ST. Tel, Bar, Sass Noble New England Eqtity Corp State Bank State Street Room Wate Fidelity Loan Corp Middle ST Ser John Bet. John and Wal St Odell & May TEN Acre Tracts Co H. Carpenter Asylumn Ave Hartford Tinnini Mtating Plumbing J. Wade Hawley Ave Metal Market Railroad Group of Securities Liberty Liberty Dith U. S. Treasury Shipping News FOX Theatres Wall Street News Public Utility Commissions Hemphill, Noyes & Co Marbers John Street Bridgeport Barnum Phiadelphia Boston Pittsburgh Ibany Baltimore Syracuse Beransea Associated Gas and Electric System J. G. White Management Corporation Associated Gas and Electric Company Associated Gas and Electric Securities Corporation Broadway W. R. Bull & CO Sate St Bridgeport, Conn Bridgeport Hydraulic Co Terre Haute Waterworks Co Southeastern Power & Light Co Vermont Lighting Corp Hincks Bros. & CO Bamum Houser Beneficial Loan Society Laberty Main St Sefuraq CN Florida Guaranty & Trust Co Conn W. G. Jasper Broad St Tel
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