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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Sep 23, 1924

Page

15

Market Fluctuations Under Bullish Push Amid Mixed Trading

New York stocks showed uneven moves as gains in Public Utilities and specialties clashed with weakness in standard industrials and rails. Volume was moderate with about three quarters of a million shares trading. Several issues reached year highs including Consolidated Gas and American Tobacco, while United States Steel and key rails slipped slightly.

New York Consolidated Gas Brooklyn Union Gas North American Company Standard Gas and Electric People’s Gas Pacific Gas and Electric Federal Light and Traction American Tobacco Liggett and Myers National Biscuit Cushman Packard Motor Common Preferred Houston United States Steel Baldwin Studebaker

Permanent Posts At Training Camps In Army Housing Plan

A War Department and Army study proposes locating permanent army posts at training camps to improve instruction and mobilization. Wartime cantonments would be temporary, with future camps featuring admin buildings, mess halls, power and water systems, and scalable facilities for division mobilization. Local conditions and costs will shape revisions.

Army General Staff Quartermaster Corps EB. B. Johns Army and Navy Journal War Department Congress Regular Army National Defense Act National Guard Whch War Departments

Money Market and Cleaning Tips Featured in Page Digest

Money steady with bids and rates cited for Canl money and acceptances. The digest discusses using shellac to fill scratches on a new car, Crocus cloth polishing and olive oil rub to blend coats, and a polishing process for a flawless finish. Also notes Treasury balance as of September nineteenth: $269,829,000.

Automobile Digest

Wheat Exports Rise Amid Broad Farm Trade Review

The 1923-24 U S agricultural exports totaled 1.367 billion dollars up 68 million and 3.8 percent from 1922-23. Wheat and corn exports fell sharply, while cotton exports climbed 37 percent, adding 245 million dollars to American cotton growers' receipts from abroad.

United States

U S Investors 10 Influence World's Business

At the Investment Bankers Association of America opening session in Cleveland, John W. Prentiss urged campaigns to protect small investors. Dwight W. Morrow warned that the financial fabric would collapse without them, and Myrone T. Herrick discussed European rehabitation with faith in America.

Cleveland John W. Prentiss New York Investment Bankers Association of America Dblugene F. Thompson Washingington Association Coolidge Thompson Investment Bankers’ Association of America Dwight W. Morrow J. P. Morgan, and Company

Rail Issues and Liberty Bonds Hit High Ground in Market

Government obligations and high grade railroad issues push bond market higher. Liberty Bonds approach 1924 peaks as banks invest surplus funds. Belgan 61-28 hits new high around 97 aided by sinking fund appeal. Cuba 4 1/2a climbs to 88 1/2 while Mexican issues slide. Western railroad bonds rise on earnings hopes. Brooklyn Union Gas 7%s reach new 1924 highs.

New York Sophi U. 3 Belgan Cuba St. Paul Pere Marquette Union Pacific I’risco Denver and Rio Grande Brooklyn Union Gas Wilson and Company BAY Land Ajax Brug & A& F Jae T&e& SF T&s F Balti & ‘Onis i Chandler Chile G&ee IBM Dav Civiman Bkiec Erie North Pf Houston Int Cement Ag Lehigh Val Lornard Mallinson Maracaiba Marland Spacifico Ano Xots& M Nort & Wear North Amerin Naor Orpheum Otis Tiley Penn RR Asnn Phila Co Shan Rc&l Axon Thillins Tet Pierce Ar Fe Remington Savage Arms Schulte Seadd Fob Simmons Rod Spicer Gas & Aa Gil Cal Studebaker Union Ann Ra Rone Yi Weber & H A Sani Weet Adie Weel Penn

Irregular CURB Market Mixed on Utilities News

Heavy payoffs for public utilities featured NY market activity with American Power and Light rising to a record high before retreating. Commonwealth Power and Lehigh Power issues advanced while American Lighting Traction dipped. Oils and industrials showed gains and losses amid shifting demand and hopes for favorable trade developments. Maine mentioned in a historical compliment to Queen Henrietta.

New York American Power and Light Ole Alock Commonwealth Power Lehigh Power Securities American Ateady Woodley Petroleum Gillette Dug Company

Dominion loan of 50 million oversubscribed

The Dominion government's 50 million refinancing loan was oversubscribed, with noon disclosure that applicants for three blocks of the bonus will likely receive about half their subscription. The loan was taken in less than three hours.

Toronto

Commodity Prices New York Cash Prices Sluggish

New York September 22 current cash prices for staple commodities shown with a comparison to levels from one year ago. Lists include common staples and market quotations, reflecting the era’s price environment and trading context.

New York

Gasoline Rail Buses to Replace Steam on Branch Lines

New Haven Railroad reports success of gasoline passenger cars replacing steam locomotives on short branches. Ten gasoline cars and one gasoline electric car will be deployed on permanent equipment with Branchville to Ridgefield as an initial route and others like Canaan to Brookfield Junction and State Line to Great Barrington planned. J G Brill of Philadelphia to supply cars. existing rail busses to be augmented.

New Haven Iinra Branchville Ridgefield Fairfield County Canaan Brookfield Junction State Line Great Barrington Pittsfield J. G. Brill Company Philadelphia

Corn and Wheat Market News from Chicago Trading Session

Active selling pushed corn prices lower in Chicago as receipts rose and frost fears faded. December corn fell to around 108 1 2 cents, while wheat closed near Saturday’s level with December at 132 to 138 cents and May near 137 3 4. Oats eased and provisions rose on hog upturn.

Missouri Pacific Southern Railway Kansas City Southern Rock Island Reading Lackawanna Nickle Plate Northern Pacific American Woolen North American Call Money Chicago Theorthwest

Foreign exchange rates reported in New York market

The New York foreign exchange market shows easy conditions with quotes in cents for major currencies. British pounds demand 445 2 4, cables 446. francs and marks vary, with Argentina at 6.02 and Brazil at 1020. Montreal rate 9991 52.

New York Great Britain Taly Belgium Germany Holland Norway Sweden Denmark Spain Greece Polan Czecho-Slovakia Jugoslavia Austria Tranmania Argentina Brazil Tekin Montreal

Real Estate Transfers and Mortgage Records Summary

Real estate transfers list several warranty and quit claim deeds including Edward Ko Nichoalson to Kenneth W McMell on Grovers Avenue. Parrott to Ella Welse on Leardsleath Terrace for 85 900. Ayldgeport Land and Ville em pany to E K Nicholson on Grovers Avenue. Morris Man to H Wesley Irving on Wayne Street. William J. Marti to William H. Marin and Sons Inc on Evergreen Street. Kenneth W McNeil to Edward F Nicholson on Grovers Avenue for 3 000. Mary A Geloin in Warry Schine on Colorado Avenue for 726. John Gallagher to Mechanica & Farmers Savings Bank on Wilson Street. Tron & Melai Company to Security Mortgage Co on Railroad Avenue for 5 000. A Parsons to Fannie Worden on Westfield Avenue for 6 000.

Edward Ko Nichoalson Kenneth W McMell Grovers Avenue Parrott Ella Ro Welse Leardsleath Terrace Jennie Greenblatt David Nathan Federal Street Ayldgeport Land and Ville Empany E K Nicholson Bridgeport Kenneth W. McNeil Edward F Nicholson Mary A Geloin Warry Schine Colorado Avenue John Gallagher Mechanica & Farmers Savings Bank Wilson Street Bago Tron & Melai Company Security Mortgage Co Railroads Avenue A. Parsons Fannie Worden Westfield Avenue

Also Mentioned on This Page

Housevola Furniture Noble New England Equity Corp State ST Ning Heating Plumbing W. J. Wade Hawley Ave Treasury Jon Es Cy Uern U.S York Sept Liberty Diye Ao Giberty AL Liberty Wd Liga Gilbert Ord Ves Liberty Ith Ut Liberty Aia Maine France Queen Henrietta of Englamd Sriver Nh Steel Alnett Conner New Haven Railroad Hitech Lifenthal and Company Alabama Power CO Price 98 & Div MFG. Corp Electric Bond & Share CO Erwin M. Jennings.co Utica Gas & Electric CO West Penn Power CO Hincks Bros. & CO Main Street Conn Cne Ea Company Investment Department State Street Carter & Hakes Machine Company Winsted Connecticut Carter & Hakes Machine Chas, Kaiser CYLIN Industrial Plants Corporation New York City Albany Atlanta Augusta Baltimore Boston Buffalo Cincinnati Columbus Jacksonville Louisville Nashville New Orleans Pittsburgh Rochester Savannah Syracuse Hemphill, Noyes © Co Ifombora New York Stock Exchange John Street Telephone Barnum Pailadelphia Albany Baltimoss Scranton Guaranty & Trust Co Bridge St Fairfield Fidelity Loan Corp Middle St. Cor John Shalet Equitable Industrial Loan Society, Inc Fairfield Ave Licensed & Bonded CERI
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