Stockholders sue to recover nearly $28 million in dividends
In Richmond on October 7 a suit was filed to compel Southern Railway to pay $22.9 million in dividends to five percent preferred stockholders. Nerv a Water Power and other trustees claim undeclared dividends of $38 a share, arguing profits were diverted to surplus rather than paid. Plaintiffs seek court orders to force payment of accumulated preferred dividends now that common stock dividends have begun.
MENTIONED IN THIS ARTICLE
Richmond
Southern Railway Company
Nerva Water Power Company
CD. Langhorn
Ita
Finnish Bond Issue To Raise 7 Million For Finland
A New York banking syndicate plans a public offering tomorrow of a $7,000,000 issue of thirty year sinking fund bonds of Finland at 6 1/2 percent external yield over 7.23 percent. The issue splits into $3,900,000 for 27 associated municipalities and $2,100,000 for the City of Helsingfors. Proceeds fund funding of short term debt and capital projects like harbor work water supply and electric plants.
MENTIONED IN THIS ARTICLE
New York
Finland
Helsingfors
Foreign exchange rates in New York October list wide gains
On October 7 foreign exchanges showed irregular quotes with Britain at 445 3 4 to 446 for demand and 60 day bills at 4535. France 6.22 1 2, Italy 4.34 1 2 to 4.35, Belgium 4.79. Czecho Slovak 2 98, Argentina 37.37, Tokio 39 1 4, Montreal 99 91 32.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
Tokio
Montreal
Bosch
Sao Am
Sugar City
T&t
Patahan
Luis
Cal G & Ate
Dupont
Erie Oy
Erie
al YM Si
Fisk Rub
Fleischmann
Freeport
Gerdner
Goodrich
Goodyrof
Gray & Dav
Houston O SR
Mack Trek
Mallinsen
Benn Marine
Marland
MK & Tv
MK_& T
Partir
Mont Ward BS
Nort & West
Ann Pere Mara
Taysana Phillips Pet
Ant Pierce Pat
Pitts
Eno Vai
Pit
Ray Consol Ny
Schulte Straif
Simmons
Studabaker
Anon State
Utah
West Pac
Ienonite Mott
RY San Woolworth A
Liberty bonds closing report from New York market
Government bonds closing figures show Liberty 3 1-28 at 100.88 with bids and notes for Do first and Do second series around 102 and 101 plus Do third 4 1-4s at 101.80 and Do fourth 4 1-4s at 102.5. Treasury 4 1-4s at 106.
MENTIONED IN THIS ARTICLE
New York
Liberty
Real estate transfers and mortgage deeds listed in Bridgeport records
Realty records show numerous warranty, quit claim, and mortgage deeds across Bridgeport and surrounding streets. Transactions include William Lane to Bartolomey on Hawley avenue for 690, John Robinson to Susan Platt on Fairfield avenue for 30,000, and Marie Suppa to City Savings Bank on Cowles street for 8,000, among many others with values from 300 to 37,500.
MENTIONED IN THIS ARTICLE
William A. Aau
L. Lane
Bartolomey
May Lrignolo
Fawley Avenue
Andrew Antal
John Malco
Wster Street
Willian Vostels
Fairfield Avenue
Bridgeport Laws and Title Company
Stefano Villans
Myron Avenue
Charles Chamberlain
Ann. Burritt
Bostwick Avenue
Jacob Glasner
Philip Glaster
West Avenue
Bridgeport Trust Co
John Robinson
Susan M Platt
Samuel Travin
Joseph and
Vera Vitka
United Loan Corporation
West Main Street
Wladyslaw
Sophia Radomski
The
Mechanics and Farmers Bank
Pembroke Street
Anna Rader
Marie Suppa
Philip Glasner
Stratford Avenue
Cowles Street
City Savings Bank
Marie Shiller
Brewster Street
William Voytek
David Reichman
Stephen Papp
Mountain Grove Street
Joseph Seperack
Charles Kowalski
Taft Avenue
Bartolomeo
May Brignolo
William A
Annis Ll. Lane
Hawley Avenue
Rebecca Rosenzwele
A. W. Burritt
Peter and
Annie Kopcchik
John
Elizabeth Mizisko
Church Street
Anna Radze
Stores to Open Bridgeport Branches Next Monday
The Retail Board announced that Bridgeport stores will open on Monday amid Columbus Day concerns. Connecticut exports for the first half of 1924 totaled 17, (rounded) with gains in hardware electrical machinery tools ammunition and fire works outperforming the New England average of all states.
MENTIONED IN THIS ARTICLE
Bridgeport
Connecticut
New England
Fragmented Cotton Quotations Recalled Over Private Wire
A partial textile market note recalls quotations relayed over a private wire from a securities posting. The readable text cites a main street address and firm names, with unclear timing and figures due to OCR gaps and garbled phrases, offering a snapshot of early price chatter and market chatter.
MENTIONED IN THIS ARTICLE
Hirsch
Eaheuthal
Epintany
Palldine Hoon
Chicano Board of Trade
Hirsch, Lillenthal and Campany
New York Stock Exchange
Bridgeport
Main Street
Stock Market Weak with Small Price Changes
Desultory New York trading October 7 saw listless session with prices moving little. Heavy selling hit rails and some high grade issues while several stocks rallied on assurances or improved earnings, amid Cuba and Latin American rate shifts and firm call money.
MENTIONED IN THIS ARTICLE
New York
U Os Stee
Common
Don
Baldwin
Atchison
Delaware
Hudson
Lackawanna
Mimos Central
Rock Island
Mobile
Cuba
Punta Algre
Employment Decline Slows Amid Cautious Industrial Upturn
The latest department of labor index shows employment at 85, down 15 percent from the 1923 level, with August marking modest gains as 62 industries tracked report higher activity. Textiles and leather work show notable improvement while overall unemployment remains unlikely to match the 1920 crisis, suggesting a cautious shift toward busier days ahead.
MENTIONED IN THIS ARTICLE
Mnits
Department O
Labor
Labor Department
Employment Index Inc
Local Produce Prices Slide Amid Slow Market Day
Market notes from October 7 show moderate receipts and a Jewish holiday approaching reducing farm market activity. Vegetables moved slowly with price concessions. beans remained firm on light supply. apples and quinces show mixed offerings while egg, poultry, and dairy prices held or eased slightly.
MENTIONED IN THIS ARTICLE
State Board of Agriculture
J.ima
Mcintosh
Money market report from New York on Oct 7
Call money eased with high 2 1/2 and low 2 1/2, ruling rate 2 1/2, offerings at 2 3/4, last loan 2 1/2. Bills and acceptances show varied terms from 60 to 180 days and 4 to 8 months, prime commercial paper around 3 1/4.
MENTIONED IN THIS ARTICLE
New York
Exchange To Close Monday October 13 in New York
New York Stock Exchange will be closed Monday October 13 as Columbus Day falls on a Sunday. Treasury balance as of October 4 is 421,077,913.
MENTIONED IN THIS ARTICLE
Exchange
New York
New York Stock Exchange
Washington
Treasury
Seventh Avenue
38Th Street
New York City
French Railway Bond Offering Oversubscribed
New York October 7 The market saw oversubscription for the French Nord Railway external bond issue of 15 million dollars while St Paul issues recovered part of yesterday’s losses. The Finnish municipal bonds offering of 7 million drew attention as rates firmed in a mixed session. Industrials and rail issues showed movements with Union Pacific and Norfolk and Western Convertible bonds weakening slightly.
MENTIONED IN THIS ARTICLE
New York
St.Paul
Nord Railway Company
France
Grain Market Jumps Amid Wet Weather And Demand Shifts
Wet conditions and scarce offerings pushed corn prices higher while rye slid on European demand. Wheat finished unsettled with mixed moves as Argentine drought and rains influenced sentiment. Oats fluctuated and provisions ranged from 1 6 to 17 cents. traders cited limited supplies and shifting export prospects as the market reacted to late trading. Quotations were relayed from the Chicago Board of Trade via Hirsch Lillenthall and Company in Bridgeport, connected to the NYSE.
MENTIONED IN THIS ARTICLE
Chicago
Argentina
United States
Curb Market Slips as Utilities Lead Trading Activity
In New York curb trading October 9 centered on public utilities with a 1-2 point drop in Appalachian Power to 65-1/2, American Gas and Electric Common down 2-1/2 to 90, while American Light and Traction rose 2-1/4 to 139. Oils weakened though Woodley Petroleum hit a new high at 113-1/4, reflecting a 6-1/2 cent crude price rise.
MENTIONED IN THIS ARTICLE
New York
Consolidated Gas
Baltimore
Sig Board
American Gas and Electric Com Mon
American Light and Traction
Woodley Petroleum
Radio Group
Lehigh Valley
United Bakeries
Gillette Safety Razor
Also Mentioned on This Page
Joseph Koletar
John P. Baxter
Walter M. Kilpatrick
James B. Bannerman
William J, Healy
Bridgeport Hydraulic Co
Sturdays
Sa.m
Frank C. Brotherton
Archive
Business & Finance
Park
Mesg
Orb
St. Paul
Union
Wells Fargo Express
National Dairy
General Asphalt
Paul
Southern Railway
American Water Works
Chandler Motor
Nash Motors
Call Money
Eearies
York
Pears
Fancy Bose
Maine
Kennery
U. S. Treasury
Union Pacific
Norfolk and Westerns
Adams Exprovers
Expres
Millinery Centre Building Corporation
Pennsylvania Railroad Station
Times Square
Dwight P. Robinson & Co., Inc
Joseph P. Day & Co
Fenimore C. Goode Co
Hincks Bros.:& CO
Main St
Public Service Company OF
Northern Illinois
Noble
W. R. Bull & CO
First National Bank Bldg
Bridgeport. Com
Telephone Barnum
F. G. Lalley
Stock Exchange
N.Y
Chicago Board of Trade
Broadway
United Loan Corp
Sagar Bldg
Fairfield Ave. Cor
Water
Barnum
Bonds Bank Stocks
Connecticut Securities Investment Service For Institutions and Investors
E. B. Merritt & Co
Bridgeport, Conn
W. Jd. Wade
Hawley A
G.C. Berker & CO
Investment Securities
Johnson Building
Lehigh Valley American Woolen Corn Products
U. S
Pan Americans
W. F. Hammond, Jr
Mgr
BC Hive
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