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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 23, 1922

Page

17

Foreign bonds decline amid near east tensions market shock

New York September 2 The bond market showed notable weakness in foreign issues amid a softened Near Eastern situation with losses across Queensland 8s Japanese 6% French 7 1 22 Belgian 5 1 24 and Sevie 7s while United Kingdom 51 25 of 1237 Queensland 63s Dutch East Indies 6g of 1967 Argentine Ss and Rio Janeiro Ss also fell. Domestic list weakness followed with St Paul convertible 4 1-25 and declines in Minneapolis St Louis funding 4s Atchison and Chesapeake and Ohio convertible Ss along with Norfolk and Western convertibles. Some issues rose including Distillers Securities 3 5 up 21 2 points and Nassau Electric 4s. Liberty issues up 10 4 par values. Principal offering was Anfesuc of $6,009,000 41 4 per cent Lands of Detroit sold to yield 41 8 per cent. Northern Pacific rumored to offer $2,000,600 to $5,000,000 of 4 1 23 per cent equipment trust under Philadelphia plan.

New York Queensland Sevie United Kingdom Dutch East Indies Ric Ne Janiero Cuba St Paul Minneapolis St. Louis Atchison Chesapeake and Ohio Norfolk and Western Reneral New Haven Invincible Oil Chile Philadelphia

Curb Market Sees Sharp Shifts Amid Whelan Deal Buzz

New York curb market trading showed erratic price moves with professional interest dominant. Schulte Stores drew attention on renewed talk of benefits from expansion with Whelan interests while United Retail Candy and Toebacci Produccts Exports edged easier. Mining shares stayed active and easier, bonds quiet and barely steady.

New York Curb Exchange Schulte Whelan United Retail Candy Toebacci Durrant Paerkard Goody Y Rubber Cavan Standard Oil Lgdues Standard of New York Vacuum Standard of Kansas Prairie Oil Gulf of Ways Standard of

Copper futures edge down on steady New York market

In New York on September 22 copper prices edged lower as electrolytic and refined futures traded around 24.00 to 22.99 cents a pound amid a quiet market with little change in demand.

New York T Fem

Connecticut bankers oppose branch banking at New Haven convention

Connecticut bankers adopted resolutions at a joint meeting in New Haven opposing any state or national move to authorize branch banks. The speakers argued branch banks threaten small communities, raise unfair competition, and could erode local control, with debate referencing California experience and pending federal bills.

Connecticut Connecticut Bankers Assatrian Connecticut « ‘Association of State Bank and Trust Companies Taft New Haven Thig Declaredi Rvica Suth Tle California St Booth Bank of Waly Nathonal Migst Bridgeport Savings Bank Bridgeport Savings Buok John N. Brooks Brooks Bank “Trust Co Lurerington Hiv Aysonatloy Bridgepark Yale A. E. Wasterfield Prince Wss Federal Reserve Westfield Renéral Pri Wis Brown Stace Balery Bank Glouk Wren Professor Weatfield John M. Braols Torring Yiel Willis HH. Booth Guaranty Proust New York

Postal savings decline in Bridgeport August totals

The Bridgeport Post Office reports August postal savings deposits down about 12 percent from July, with a year to year drop around 26 percent. New accounts rose slightly, withdrawals rose, and total August settlements reached 22 408. Treasury Savings Certificates sales were the lowest monthly total of the year aside from May.

Postal Savin Department Bridgeport Uhdrewatta Auysust Rayale Ttig United States Treasury Savings Lyie Pagtal Savage Department Social Post

U S Leads In French Import Trade Share

The United States captured the largest share of French imports in 1921 and 1924 figures show US shipments to France rising 47 percent since the pre war period. England, Germany, and Belgium followed with substantial but lesser totals. Algeria and Argentina appear among other notable traders.

Washingtu Ta Alward Jiusi Departien Golqty France England Germany Svas Wiles Lieved Ltt Fie Tradit Mavions Lew Att Ailten Neytions Rene Depriand Belgium Algeria U.S America

Erroneous Turks Report Triggers Shorts Frenzy

Turbulent market day driven by an erroneous rumor of Turks entering the neutral zone sparks heavy short selling and liquidation. Prices swing across futures, stocks, oils, and rail shares as traders react to fear of a regional flare up and shifting currency bids in Canada and Europe.

Syork Hutk Agali Urading

Foreign exchange rates in New York steady on Sept day

Call money easier with high 1 2, low 1 2. Rates for loans firmer at 4 1 2 to 5 1 2, acceptances 4 1 3, time loans mixed collateral. Prime commercial paper 1 4 to 1 2.

LHW York Ato Joan

Peoples Savings Bank Declares Higher Dividend Rate

The Peoples Savings Bank announced that starting with the last day of the current year, dividends on deposits will be at 4 1 2 percent annually. The change, approved by the Board of Trustees, reflects the bank’s solid earnings and mutual savings status. The bank now ranks among about fourteen of 74 state banks paying above four percent. Leaders anticipate more mutual banks may follow this action.

Peoples Savings Bank Willis H. Lyon Board of Trustees People’s Savings Bank People's Savings Bank

New York Dairy Market Report Sees Mixed Cheese and Milk Prices

New York market notes show creamery extra and state dairy tubs firming, with whole milk at 23 15 2te 24¢ and average pump around 28c. Prices for fancy young American and nearby whites vary, while lower grades slip to about 19 1 2 to 20, reflecting a mixed dairy market.

New York Emand

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