Upward Trend in Bonds With Rail Stocks Leading Markets
Bonds advanced on easing money pressures as rail equities rose after strong third week car trade data and favorable air and margin developments. Frisco preferred stock dividends anticipated and ex-interest bond activity noted amid gains in Seaboard, St Paul, C and EI. Reports of a $56 million Pennsylvania Railroad issue to fund Philadelphia station construction circulated, with Chicago Rapid Transit 20 year bonds offered at 94.5 for over seven percent yield.
MENTIONED IN THIS ARTICLE
New York
St. Lous-San Francisco
Frisco
Seaboard
St. Paul
Chicago
Illinois
Katy
New Orleans
Texas
Mexico
Oriental Developments
Liberty
Treasury
Pennsylvania Railroad
Philadelphia
Morrow
Chicago Rapid Transit
United States Exports to Europe Rising in Eight Months
The Department of Commerce reports U S exports to Europe rose by over 100 million dollars in the eight months ending September 1, with total U S exports reaching 2.697 billion dollars. Europe purchased 1.299 billion, Britain remained the top customer at 900 million, while German purchases climbed from 191 to 237 million.
MENTIONED IN THIS ARTICLE
Washington
United States
Europe
Department of Commerce
Asia
South American
Great Britain
America
Foreign exchange quotations update from New York and cities
Foreign exchange rates show firm demand across major currencies on October 1 in New York. Rates include Great Britain 446 7-16, France 5.30 1-2, Italy 437 1-2, Belgium 4.84 1-2, Germany 17-8 per trillion, Argentina 96.00, Brazil 19.62, Tokio 401-16, with numerous cable quotations and regional figures such as Montreal at 100.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czacho
Slovakia
Jugoslavia
Austria
Argentina
Brazil
Tokio
Montreal
Ajax
Bosch
Chile
Flelachmann
Asprit
Elea
Petm
Gimbel
Glidden
Goodrich
Goodyr
Gu M & Npet Qaat Ag
Hayes
Houston
Ind O & GO
Invincible
Kelly
Mack Trek
Maracaibo
Marin
MK & T
Wich Montard
Norf & W
Nor Pacific
Pan Am Pet Us
Pha Co
Otsie Ferce&il
Phillip Mor
Pitts
Savage
Sears Reed
Studehsker
Texas
Texas Co
Tex Pa&o
Tex Pacific
Bea
T & Ind al
Rubah
Anv & Fe
Aison U S Steel
Utah
West’ Rousery Gata
OATH
Willys
U. S. Treasury Balance Reported for September 29
Treasury balance as of September 29 shows 413,619,419 in the ag totals. Washington reports the figures from the U S Treasury balance sheet dated October 1.
MENTIONED IN THIS ARTICLE
Washington
Treasury
New Eastern Trunk Line Could Tie Lehigh Valley and Wabash
New York Oct 1 Formation of a new eastern trunk line via a Lehigh Valley and Wabash merger was reported as under serious consideration by railroad circles. The plan would link Buffalo and the Mississippi connections to reach St Louis Chicago Detroit and Toledo with a New York seaboard outlet, potentially replacing the Inter State Commerce Commission groupings. Bankers said the scheme was feasible but gave no confirmation of active negotiations.
MENTIONED IN THIS ARTICLE
New York
Lehigh Valley
Wabaah
Interstate Comerce Commission
van Swearingen
Ripley
Harvard
Mississippi River
Buffalo
St Louis
Chicago
Detroit
Toledo
the Road
Wheat Market Falls Despite New Highs as Profits Selloff
Chicago wheat prices eased on profit-taking after a recent rise, with December at 1.41 16 to 1.41 and May near 1.46 7/8. Corn and oats fluctuated with modest gains in oats, while exports boosted demand for wheat and rye. Prices moved on forecasts of world exportable surpluses and domestic yield estimates, amid buoyant oats and renewed feed-use talk.
MENTIONED IN THIS ARTICLE
Chicago
Europe
United States Department of Agriculture
Oata
CurB market gains as Eureka drops dividend and others rise
New York curb market prices edged higher while gas price cutting war continues. Eureka Pipe shares tumbled after quarterly dividend cut from two to one. Prairie Oil Gas Vacuum Cities Service and Woolley National Tea moved up amid thin volume. Consolidated Gas of Baltimore touched a record high as mining stocks stayed active in reduced trading.
MENTIONED IN THIS ARTICLE
New York
Eureka
Andarad Ol
Ohio
Prairie Oil Nd Gas Vacuum Cities Service
Woolley National Tea
Gillatta Safety Razor
Stadio
Radio Corporation
Consolidated Gas
Baltimore
New Alucka
Cotton market quotes from New York on Oct 1
Spot cotton remains quiet with middling priced around 25.90 cents. Quotations were supplied via Hirsch, Ellenthal and Company, 1116 Main Street, Security Building, Room 208. Prices shown include December 24.43, January 24.45, March 24.43, May 24.43, and nearby futures near 25.70 to 25.83 cents.
MENTIONED IN THIS ARTICLE
Chicago Board of Trace
Hirsch, Lillenthal and Company
New York Stock Exchange
Cotton Exchange Bridgeport
Security
Oats Ag
New York
Hirsch, Eillenthal and Company
Main Street
Bulata
Profit Taking and Higher Quotation Day in Stock Market
New York stock prices opened irregularly, surged to mid day strength, then eased on profit taking. Volume exceeded 900000 shares with several strong points in Railroad and Steel firms and utilities reaching new highs. Major gains included American Can and United States Steel, while gasoline price cuts tempered oil shares.
MENTIONED IN THIS ARTICLE
New York
Gary
Dayng
United States Steel Common
Baldwin
American Car and Foundry
Commercial Solvents
General Baking
Goodyear Tire
National
United States
Iyon Pipe
Common and Preferred
United Drug Association Dry Goods
International Shoe
Savage Arms
Publ Utilities
Final Cotton Production Still Uncertain
Government projections put 1924 cotton production near 12 96 000 bales, up 42 percent from 1923, but potential delays, spotty conditions, and drought could lower yield. Weevil damage has fallen since 1921, possibly offsetting losses. Despite possible crop deterioration, value may exceed 1923 due to price trends and smaller supply.
Frisco Railroad to Resume Dividends in 1.25 Percent Payout
New York Oct 1 Directors of the St. Louis and San Francisco railway company announced the payment of a quarterly dividend of one and a quarter percent on the preferred stock. No dividends had been paid on either preferred or common shares since the road's 1916 reorganization.
MENTIONED IN THIS ARTICLE
New York
St. Louis and
San Francisco Railway Company
Frisco
Realty deeds and mortgage transfers in Bridgeport area
Real estate deeds listed include Matt Claim Deeds to Philp Glasner for Spring Street property, Julia Borg administratrix to William H Mitchell on Arthur Street, Bridgeport Savings Bank to William M Deckle on Chester Street, Tonora Reck to Carl Beck on Grand Street, Angelo Vecchiarelli to Harriette Callahan on Center Street, Pasquale Lottario to Honora Beak on Center Street, John Chamberlan to Joseph Sperm on Chamberlain Avenue, Harne s FR Callahan to Aneto Vecchiarelli on Center Street, and Honora Week to Pasquale Lot on Cantor Street with amounts noted. Mortgage Deeds and Warranty Deeds are mixed among these transfers.
MENTIONED IN THIS ARTICLE
Matt
Philp Glasner
Harry O Elson
Spring Street
Julia Borg
William H Mitchell
Arthur Street
Bridgeport Savings Bank
Willian M Deckle
Chester Streat
Tonora Reck
Carl Beck
Grand Street
Angelo Vecchiarelli
Harriette Callahan
Center Street
Pasquale Lottario
Honora Beak
John
Chamberlan
Joseph Sperm
Commodity Prices New York Cash Quotations Summary
New York October 1 price list shows current cash quotations for major commercial products. A year-over-year comparison accompanies the figures, outlining changes in prices across key commodities.
MENTIONED IN THIS ARTICLE
New York
Amipie
Money market rates and loan terms from New York report
The New York Money section notes firm demand with advances and declines in rates. It cites call loans at around 2 1 2 percent, time funds and commercial paper levels with mixed wholesale activity and short term financing terms including 60 day maturities.
MENTIONED IN THIS ARTICLE
New York
Cail Money
Accentances
Moutha
Putnam Trust Company Planned in City Expansion
Putnam, Oct 1. A trust company here would create two banking houses if the Federal Bank is chartered. Nineteen Putnam men today applied to the State bank commissioner for a state charter for the Cargill Trust Company. The applications are preliminary with no capital or other details given.
MENTIONED IN THIS ARTICLE
Putnam
Copper and metals markets steady with varied futures
New York metal market reports copper and lead holding steady while zinc and antimony show flat demand. Electrolytic spot prices remain near prior levels with futures trading narrowly mixed. Iron and east coast markets appear unchanged as traders await further data.
MENTIONED IN THIS ARTICLE
New York
East St Tanta
Also Mentioned on This Page
W. J. Wade
Hawley Ave
Penn
Liberty Id
Liberty Ath
S Treasury
U. S. Treasury
Duquesne Light Company
Pittsburgh
Allegheny
Beaver Counties
Pennsylvania
Heart of Pittsburgh
First
Hincks Bros. & CO
Main ST
Bridgeport, Conn
Barnum
Woodside Avenue
North Main Street
Bethany Chapel
Woodmont Avenue
North End
H. L. Blackman & Son Real Estate
Fairfield Avenue
Bridgeport
Conn
van Sweringen Group
Peoples Gas
Laclede” Gas
Public Service of
New Jersey
North America
Traheau
Missour
Pacific Common Aid
Rock Island
Central Hailtoay
Gulf Mobile
Northern
Allis Chalmers
Chicago Yellow Cab
Continental Can
Famous Players
Mack Trucks
United
Frisco Railroad
Lara
Metal Market
Guaranty & Trust Co
Stratford
Fairfield
S. W. Cor
Main & State Sts
Chalmers Avenue
Wood Park
H. L. Blackman & Son
Hemphill, Noyes & Co
John Street
Bridgepore
New York Philadelphia
Boston
Albany
Syracuse
Scranton
Tee
Equitable Industrial Loan Society, Inc
Fairfield Ave
Noble
New England Equity Corp
STATE
State Bank Commissionsr Mutual Finance Investment Co
City Savings
Fidelity Loan Corp
Middle St. Cor John
Ing
Bridgeport’ Hydraulic Co
Frank C. Brotherton
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