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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Oct 25, 1926
Page
15
Abnormally high summer output is linked to a looming business slowdown as experts fear. Bond markets show slow progress amid shifting credit conditions. Foreign and U S government issues attract activity while the money market faces expected relaxations.
An analysis outlines France facing deflationary risks and debt repayment issues after World War I. It argues stabilization near the prewar price level, avoids forcing payments in depreciated francs, and weighs impacts on debtors, creditors, and the broader economy amid Germany Italy pressures. It also notes exchange, wages, and production effects on employment and trade.
A dense list of prices and tickers shows varied activity across numerous companies, with no single clear leader. Several named firms and sectors appear, including utilities, rail, steel, and manufacturing, reflecting broad market fluctuations and mixed investor sentiment.
Irving Fisher outlines his Weekly Index measuring weekly changes in wholesale prices of 200 representative commodities and the purchasing power of money relative to prewar values. The article notes a May peak surpassing prewar levels by about 147 percent and explains the index construction using Dan’s Weekly Review quotations and War Industries Board weights.
Stock averages show varied figures with rails and utilities noted. The report lists combined averages and bond sale values totaling 16,000, with references to months and year comparisons.
New York report notes signs of slackening demand in several industries and a mild shift in outlook. Bankers remain hopeful while stock market signals warn of possible rough weather ahead. Foreign trade talks and a proposed European tariff rethink surface as major themes of the week.
New York reports Cuban sugar planters estimate hurricane damage will cut 25 percent from cane yields with some fields showing losses up to 40 percent and even 80 to 90 percent in others. A Havana broker notes stalks laid flat and many rooted as mills face reduced output and severe losses for the 1920 crop.
The New England Telephone reports a third quarter net income of 2,192,694 dollars or 1.04 dollars per share on the common stock. This compares with 2.2 million dollars in the prior quarter and 1.06 dollars per share in the same quarter last year.
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