Railroads claim big savings and higher efficiency in 1920s
New York Nov 19 The American Railway Association released figures showing U S railroads cut operating expenses by 992 million dollars in 1923 and passed 657 million to the public as lower freight rates. Through eight months of 1928 further savings amounted to 380 million with total rate reductions since 1921 reaching 1.873 billion. The report credits efficiency gains and private ownership since 1920 for improved service and car supply. It lists capital expenditures for 1923 24 and related programs across locomotives cars and other improvements totaling over 2 billion dollars.
MENTIONED IN THIS ARTICLE
New York
American Railway Association
United States
Ber
Locomobile
Building Activity Continues Rise in 1924 Contracts
The building industry remains a main prosperity booster after the war surge. For ten months ending October 21, 1924, total contracts amounted to 3,775,098,600, up 10 percent from 1923. State breakdown shows 410,090,800 in 36 states with notable gains in New York and New Jersey, and the Middle Atlantic states exceed 1923 totals by over 11 percent.
MENTIONED IN THIS ARTICLE
Ing
Dodge. Corporation
Avery
New York and
New Jersey
Middle ‘Atlantic States
Metal Market Update Shows Copper and Zinc Firm Across Prices
New York reports copper steady with spot and futures at 54.75. Lead stays stable with spot quoted between 8.65 and 9.00. Zinc firm with St Louis spot at 94 and futures around 6.90 to 6.92, antimony at 14.47. Electrolytic copper, spot, and futures hold steady.
MENTIONED IN THIS ARTICLE
St. Louis
Liberty Bonds Rally Despite General Market Reaction
Liberty bonds rallied modestly despite overall market declines as time funds grew more abundant. Several issues advanced while others sank slightly. fears of a Federal Reserve rate rise proved unfounded. Packing, chemical firms, and coal bonds showed gains amid a broad, mixed trading scene.
MENTIONED IN THIS ARTICLE
New Haven
Seaboard
St.Paul
Chicago
Wastern
Winola
Colorado
Great Western 49
Federal Reserve Bank
Wilson
American’ Agricultural Chemical
New York
Advance in Stocks Increases Since Coolidge Election
The text notes a sensational stock advance tied to Coolidge’s election. It references a table showing low prices before the election, higher prices the day before, and the extreme gains recorded, but details are fragmentary. Entities mentioned include Coolidge and stock market activity.
MENTIONED IN THIS ARTICLE
Ries
Liberty Bonds Market Report from New York
Treasury bonds closed with Liberty issues quoted around 101.24 to 101.70. Trading notes mention Liberty 4s around 105.21 with miscellaneous pricing glimpses for Liberty bonds, indicating fluctuating demand in a murky OCR excerpt from New York markets.
MENTIONED IN THIS ARTICLE
New ‘York
Eer
Liberty
Libery
Lliberty
Aeut
Liberty Taberty
Treasury
Rail executives seek peace from legislative acts
Christmas bonuses totaling 175 000 will be distributed across two Bridgeport plants. Jenkins Brothers will give five percent to 600 workers, Crane Company plans similar bonuses for 1,800 workers, with average gifts between 50 and 76 dollars. Some employees who resigned receive a pro rata share. The policy has long been in place at Crane. Jenkins adopted it on arrival. New York, Nov 19. No urgent legislative action seen for railroads. policy urges economic rather than political solutions. Executive committee to be chaired by R H Aiston. Mapother added to committee. Holden retires.
MENTIONED IN THIS ARTICLE
Bridgeport
Toremployes
Jenins Brothers
Grane Company
Lit
Barrington
Jenkins Brothers
Jon
Ayho
Medical Department of the
Crane Company
Jenkins Company
York
Congress
Association of Railway Xecu
Tvepra
Aes Ip
R. H. Aishton
American Railway’ Association
Hale Holden
Chicago, Burlington and Quincy, Railroad
Holden
Aishton
Mapother
Louisville and National Railroad
Saat Et OO
Miami Co 2A
Am Ag
Bosch
Pacific Mails
Paaltic
Ward
Moon, Mott
NaShere
Ndairy
Ohio Ag
Balti & Oh
Et Phillips Pet
Pitts Ut
Hostum
Pt Bly Ag
Wien Perros
Chandler Ae
Aa Fn
Ches & Oh
Chi & Altoney
Radio Corp, Adhe
Sprane
GM & SP
CRI& P
Chile
Savage Arms
Cuba
Dt & Ten Riddle
Sothn Pacific
Doug Peth
Dupont
Elec
Endicott J
Erie
Studebake
Texas Co
Petey Ah Ag
Goodrich
Goodyr
U S
Hayes
Houston
Hud & Man
Sm & Va
Cid
Ink Tel & Ae
Weber Y HS
Kinney
Ugg
Lou & Nash
Macy
Credit conditions excellent reserve director asserts
Boston November 19 Use of the silver dollar the place of hits will save the government. $1,000,000 a year, Assistant Secretary of the Treasury Charles S. Gewey said at the second annual conference of New England banks that are Federal Reserve members. Frederick H. Curtiss, chairman of the Fed Boston, said he had just returned from Washington from a Fed officials conference to discuss credit conditions nationwide. They are excellent though the situation needs watching.
MENTIONED IN THIS ARTICLE
Boston
Treasury
Charles S. Gewey
New England
Federal Reserve Bank
Frederick H. Curtiss
Federal Reserve Bank’ of
Washington
Federal Reserve
Money market rates drift as banks hold steady
New York money markets show firmer overall tone with high rates around 22 and lows near 2 1 8. Time loans ease for 80 to 90 days at 3 3 1 4, 4 to 6 months at 3 1 2, and prime commercial paper quoted around 6 4a 9 1 2.
MENTIONED IN THIS ARTICLE
New York
Foreign exchange market in New York firm with gains
Foreign exchanges in New York showed a firm tone with gains in several South American currencies. Demand sterling edged higher around 4.68 and 114. French francs quoted just under 4 1/4 cantas.
MENTIONED IN THIS ARTICLE
New York
Navy
Grain market report from Chicago November 1919
Grain prices surged in Chicago with corn leading gains amid tight offerings and strong buying. Wheat fell early then stabilized as export demand lingered. provisions held steady. Markets reflected Liverpool wheat stocks and anticipated arrivals, with occasional profit taking and mixed daily closes.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Omaha
Penn Road Says He Placed Hotel Plans Was Robbed
New York November 11 Edward Larkin an architect filed a 1,000,000 damage suit in Superior Court against the Pennsylvania Railroad and affiliated companies charging they appropriated his hotel plans for a 22 story building opposite the Pennsylvania terminal. He sought an order for pretrial examination and a bill of particulars.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania Railroad
Pennsylvania
Edyward JL. Larkin
Tria
Larkin
Samuel Rea
Pennsylvania Hotel
Pennsylvania Terminal
Ant
Rea
Fils
Curb Market Opens Higher on Heavy Buy Orders
New York curb market opened with unusually heavy overnight buying pushing stock prices up before afternoon selling in sympathy with declines on the big board. Radio shares led gains with Theramiedyne and R B Thompson hitting record peaks while Radio Corporation reached new highs then gave back some gains late. Prairie Oil and Gas jumped four points, others showed mixed results as Woodley slipped, United Bakeries slipped, Ward Baking rose, and Public Utilities and electric utilities mostly edged higher.
MENTIONED IN THIS ARTICLE
New York
Theramiedyne
BR. Thompson
Dubner
Radio Corporation
Prairie Ol
Gag
Woodley
United Bakeries
Ward Baking
Publc
American Gas
Ereteria
Commonwealth Power
Eara
Realizing Sales Cause Only Moderate Market Reaction
Richard Spillane reports a modest market response on Nov 15 New York trading. Rail and industrials fell slightly despite strong volume. Radio Corp dropped sharply after a recent curb listing, while Gould rails and agricultural shares showed uneven demand.
Commodity Prices New York Cash Quotations Report
New York cash price list for staple ready to compare current figures with year ago rates. Details include grains wheat corn oats flour beef pork lard coffee cotton and steel copper reported with standard grades and regional tags.
MENTIONED IN THIS ARTICLE
New York
Real Estate Deeds and Mortgages Recorded in Local Listings
Realty records show quit claim deeds from Hugh V Keiser to Consumers Baking Co and Battle N Proudman to Allda F Smith, with transfers on Tranistan and Beechwood avenues. Warranty deeds record Anna Sanginiti transferring Sylvan Avenue property to Giuseppe Sanginiti, plus mortgages from John Casclo to Betty Zimmer on Birmingham Street for 250 dollars and from Giuseppe Sanginiti to Anna Sanginiti on Sylvan Avenue for 650 dollars. Additional entries include Nathaniel H McPhee to Columbus Finance Corp on Ednea Avenue for 9300, and Alida F Smith to Hattie N Proud Tan on Iranistan Avenue for 1500 and to Commercial Bank and Trust on Tranistan Avenue for 3500.
MENTIONED IN THIS ARTICLE
Hugh V. Keiser
Consumers’ Baking Company
Beechwood Avenue
Battle N. Proudman
Allda F
Sylvan Avenue
Nathaniel H. McPhee
Columbus Finance Corporation
Ednea Avenue
Alida FP. Smith
Hattie N. Proud- Tan
Iranistan Avenue
Alida “F. Smith
Commercial Bank ‘and ‘Trust Company
Tranistan Avenue
Also Mentioned on This Page
EPO Port Ram
Noveme Stock Exchange
Urie
Dri
Nias
Arantics
Pitts
BURGH
Smeridde
Slocwate
Basrev
Ise
Metal Market
City of
Missouri
Hemphill, Noyes
New York Stock Exchange
John Street
Telephone Barnum
New York Philadelphia
Pittsboro
Albany
Baltimore
Syrecure ‘Serante
A Mutual Finance Investment CO
Main
Stratford
Fairfeld
Neem
Aning Heating Plumbing
Mada
Hawley Ave
Toi
Liberty Bonds
Coolidge
U. ‘Ss
Sears - Roebuck
General Electric
Nash Motors
Mack
St Louis
San Francisco
Missouri-Kansas-Texas
New York Central
RAIL
Chicago Board of Trade
Hirsch, Fidenthal and Company
New York Stock Hachange
Cotton Exchange
Varidgewort
Ae May
Hirsch
Te Lilenthal and Company
Uh ‘Maimal Street
Treasury Balines
Earber
PENN
Road
Altho
Richard Spillane
Castron
Willam C. Durant
Frisco
Missouri Pacific
Gould
Texas and Pacific
Southwestern
Kansas
Texas
Dalton Mfg. Gorpn
Sound. Beach
Conn
Stamford
Putnam & Frichburg Planers
Norton & B& S Geinders
Bullard Boring
Sebastian
Reed and Dalton
Curtis Pipe
Gridley Automatic
Herbert
Newark, N. J
Detroit, Mich
Woolworth
Caty ‘Traction
Cincinnati, Ohio
Beneficial Loan Society
Main ST
Bar
Rerieeichire
Fidelity Loan Corp
Middle St. Col. John
Plaza
Noble
New England Equity Corp
State Bank Commissiont
State Street Room 15
Neerive
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