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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Sep 12, 1922

Page

13

Market report shows gains in steels and utilities amid week’s activity

Public utilities feature marks a strong gain as most securities moved higher or held near weekly highs. Bridgeport Hydraulic and Connecticut utilities posted price advances while industrials showed limited movement. Notable moves include United Illuminating up one, Waterbury Gas Light near 33, and Connecticut Power preferred climbing to 214 with a point gain.

Pnataek Bridgeport Hydraulic Tatere Sweek United American Wire Co International Silver Co New Britain North& Judd Mig. Co Plume and Atwood Staning Works Common Seth Thomas Clock U.S Winchester Company

Curb Market Highlights Mixed Activity and Key Stock Movements

Active curb dealings shown with highly irregular price movements. Standard Oil and Cities Service led gains while Ohio Oil and Kentucky shares posted advances amid broader selling by professionals. Fractional shares for Southern States announced, and International Rubber and Prima Radio moved on strong demand and anticipated industry changes.

New York Standard Oil Errete Indiana Kentucky International Putroleum Ohio Standard of Ils England Stork Way Jersey City Hayes Wheel United States Prima Radio

Metal Market News From New York Copper and Lead Steady

Copper futures and spot steady at 2.25 with Mn ebler apot futuron. No 1 Northern 83.00 45.00, No 4 Northern 32.00 4.00, No Southern 24.00 27.00. Lead steady near 5.909 to 6.00. Zinc quiets East with St Louis delivery 6.30 6.25. Antimony spot 5.50 5.76.

New York Eabler Apot Futuron Ivan Steady Northern Southern St. Louis

Government Within Income Under Its Budget System

Washington Sept 11 Official Treasury statement shows ordinary income for the year ending Sept 1 at 4 073 000 with ordinary disbursements of 8 197 090 000 creating a surplus of 842 000 000. Officials say the government will operate on a business basis, limiting expenditures to receipts and aiming for lower taxes and costs. Four months show receipts higher than disbursements, enabling surplus to cover the other eight months when disbursements exceed receipts.

Ralph F. Couch Washington Treasury Phnoa

Market Volatility From Speculative Sturges In Studebaker And Chandlers

New York trading featured extensive buying in steels and equipment pushing several to new highs. Spotty gains came from profit taking and speculative selling in Studebaker and Chandler with foreign airs. United States Steel touched 106 amid a strong tonnage report. American Locomotive and Baldwin rose to year’s best levels in equipment stocks.

United States Steel American _Steel New York Studebaker Chandler United States Steel Common Baldwin Railway Steel Spring

Grain market sags on world wheat needs data

Bearish pressure in wheat and related grains built after a British report showed world wheat import needs at about 866 million bushels while exportable supply stood around 776.9 million. December and May wheat futures edged lower, corn and oats eased or held, and provisions declined as traders priced in slower export demand and upcoming large domestic winter crop acreage. Frost reports provided only a brief lift before prices retreated again.

Chicago United States Commission House Winnipess

Renewed Liberty Bonds Activity Marks Market

Sept 11 Liberty bonds show a firmer tone with most prices higher. Secretary Mellons plan to borrow about 200 million at 3.75 percent spurs strong demand for issues, especially the fourth 4 14a touching 30.1 but settling near 100.84. Rail and utility issues gain. some notes slip. Total sales reach 14.109 million par value. A 21 million Kansas City Power and Light offering is over subscribed. BE Kuppenheimer & Co. also issues 51.6 million in preferred stock.

Mellon Inter Pacific Frisco Hudson Brooklyn Tranelt Ta Portland Light and Power Brooklyn Union Gas Chile Broz Prague BE. Kuppenhelmer Ang Co

Butter Market Steady to Firm in Liberty Bonds News

New York September 11 butter market shows steady to firm tone with creamery extras quoted at 39 cents per pound in early trading. No further details available on other varieties or closing levels.

York

Market price list with varied dairy items and percentages

The excerpt lists dairy product prices and subsidies with percent changes for items such as whole milk and young American cheese. It references market firmness and price ranges for white and brown eggs, plus assorted grade descriptions and adjustments for different suppliers.

Money News Summary in Sept Record

Money market notes from New York show firmer call money at night 1 to 2 percent and a ruling rate of 4 percent. Closing bids sit at 4 1 27 with offers around 3 4 12. Call loans and bankers acceptances cited, reflecting trading conditions in the period.

New York Joans Nealnat

Also Mentioned on This Page

Bridgeport Hydraulic Company Abercrombie & Fitch i Acme Wire Co Acmt Wire Co American Hardware Bassiek Co Paridgepors Hardware Pia Hee Forvall Fary & Mach Sears Os Z International Silver Co Pripriationst Silver Co Sweeteesaras Landers “Frary & Glarie BT Manning, Bowman Co Montgomery, J. FR. Co Montgomery, CO Mach. Co New Britain Machine O New Have New Haven Clock Co North & Jada M Peck, Stowe & Wilcox Filuma & Atwood Raybestos Russell Jr Scoville Mfr Stanley Works Sranley Works Seth Thomas Torrington Co Torrington Co, Pta Turner & Seymour Pais Winchester Co Wincister Co Fale Toms Lic Bridgeport Gassape Bristol & Plainville Powar West BAA Ga Lotoo Wena Az Afar Beth St Re& Pu Wchrt& Biee Connal Gan Cub Am Ag John Bo Bane Kan & G Kany & T Akoo North AG Ibn Otie Stead Canern Ryoh Ago AL ‘Texas Co Willys O'd American Tube & Stamping CO Mormant Colonial Trust Company Equitable Trust Company OF New York Equitable Trust Company of Vpoo Tristes Harrison Br C A. Klady Horedo Helmstadt Votary New York County Cit Comiesién Walk Street Equitable Industrial’: Loan Society, Inc Fairfield Ave Title Guaranty & Trust Company SBE Wee Etense SASH France Italy Austria Hincks Bros. & CO New York Stock Exchange Connecticut Securities Main St Bridgeport, Conn Waterbury, Conn Greenwich, Conn Metal Market Science Service, Wash Studebakers Chandlers Austin Nichols National Biscuit Union Paci Fic Atchison New York Central Rock Island Northern Pacific Missouri Pacific Independent Steels U. S Common Bethlehem B Republic Gulf States Mexican Petroleum Mexican Seaboard London Near East Fon Igh Liberty Bonds Ety Bridgeport Trust Eer State St We Barnum Beneficial Loan Society TECOR Liberty Building Banting Bridgepore Chamber of Commerce Preferred Standard Gas& Electric Co Chicago Stock Exchange Standard Gas & Electric Company Ihs H. M. Byllesby and Co Investment Securities Second National Bank Bldg New Haven Boston
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