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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Sep 20, 1926
Page
19
Long narrative notes rising money rates and credit easing as a banner year for industry nears. Railroads show strong profits and volume, with General Motors reporting August orders and widespread auto production, while agricultural districts face harvest delays from storms and floods.
A damaged OCR text shows a confused listing of names such as Harley and Davidaer with an address at 263 Irauletau Ave Bridgeport Conn, plus stray phrases about pets and motorcycles. The fragment references a teen and a car listing with unclear details.
A fragmented OCR item mentions new SEs and BACHIVE in unclear context. The readable phrases reference archival or archival-like terms with no complete facts, names, or dates to confirm a specific event or outcome.
A condensed weekly market digest lists numerous stocks with varied moves including percent changes and notable names such as Continental Motors, United Company and Crown. The snippet hints at broad sector activity with chemical, bakery and textile firms among listed quotes and prices.
New York September market review shows a strengthened technical position after a general downward revision. Railway stocks led the reversal gaining on favorable carrier news, while money rates eased with government fund turnover. Van Sweringen bid to revise Nickel Plate terms boosted rail interest. other carriers rose on earnings and dividend prospects. Wheat barely changed. cotton fell about 90 points on crop report fears.
Irving Fisher presents weekly index data for 280 wholesale commodities and money purchasing power relative to 1913. The excerpt notes May 1920 price peak at 147 percent above prewar levels, with indexes for 1920 May, 1922 Jan, June July averages, and the Sept 18 week, including sources from Dun's Weekly Review and War Industries Board.
Production of newsprint in the United States fell to 39,259 tons in August from 140,56 in July, with shipments at 136,584 tons versus 142,690. Canadian output was 102,045 tons in August, down from 163,037 the prior month, while shipments reached 166,081 tons, up from 161,824 in July.
Investors flock to foreign financing with 118 million dollars in new issues led by Prussia Canada Pacific Finland and Canada Steamship Lines. Yields on foreign bonds attracted buyers despite higher prices while domestic rails and industries lagged amid profit taking and cautious credit conditions.
Connecticut agricultural report notes steady prices with apples abundant and native peaches modest. Fruit, meats, eggs, and poultry show firm demand. prices quoted for apples, oranges, grapes, cantaloupe, berries, and other produce, with vegetables and dairy items listed along with livestock and hay prices.
Clearing house statement shows total exchanges at 95 million dollars. Balances stand at 166 million dollars with Federal Reserve Bank credit to balance at 194 million dollars.
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