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Newspaper
Bridgeport Evening Farmer
Location
Bridgeport, Connecticut, United States of America
Date
Dec 17, 1917
Page
6
A Henry Clews weekly letter notes continued market disappointment in a war fueled by government absorption of capital and seller pressure. It cites railroads facing costs, Congress debate on government control, and wary investors amid inflation fears and cautious lending.
Bridgeport brokers report NYSE quotations as of 1:30 P. M. with numerous stocks listed including Am. Can 33% Am. Locomotive 47% General Electric 49% General Motors 88% Bethlehem Steel 84% Chicago, Milwaukee & St. Paul 38% Inter. Harvester and many others showing varied percentages. The listing includes copper, oil, railroads, and major industrials with prices and percentages from the session.
New York stocks opened dull awaiting Washington developments. Railroads slipped with Norfolk & Western down two points and Union Pacific one, while industrials and motors firmed early. By midmorning, steels Reading and Canadian Pacific led gains, but a expected federal action delay pressured markets after holidays. Bond prices hit new lows as Liberty 4s ranged 97.06 to 97.16 and 34s 98.46 to 98.50.
A list of securities and bonds appears including Westinghouse Electric, Willys Overland, U S Government Bonds Liberty 3% and 4% with quoted values. Copper ranges show Arizona Com Copper and Isle Royale Lake North Butte. Other names include Old Dominion Quincy Shannon U 8 Smelting Utah Apex Ventura and various percentages.
The article describes bats as beneficial to humans by controlling insects and notes their varied sizes from two feet wingspan to smaller South American species. It mentions giant Amazonian bats nicknamed vampires, their harmless nature, and a blood-sucking South American variety whose bite is rarely felt.
The article explains how ocean cables differ from land telegraph lines in construction and operation. It notes higher power handling with condensers, the shift from reflecting galvanometers to the siphon galvanometer, and the evolution of recording methods to ease operator strain.
Before the current war monitors were nearly obsolete due to limited funding. Now renewed interest spreads as monitors prove useful in coastland bombardments and shallow waters. British fleets report activity in the Adriatic aiding Italy in Trieste operations.
The Albany Journal argues a sheep for every family idea fails as a domestic project. Sheep must be raised openly and on a large scale, with breeding and commercial care. Family attachments and meat use are impractical, so wool and meat rely on commercial flocks.
School children in many cities make trench torches from newspaper strips rolled in eight-column widths. Each torch is boiled four minutes in paraffin to warm hands and boil coffee for Sammies. Originated with Italian soldiers in the Alps. about one and a half million used. Small, over two inches tall, yet burns long. One cent a word.
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