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Newspaper
Bridgeport Evening Farmer
Location
Bridgeport, Connecticut, United States of America
Date
Dec 20, 1916
Page
14
December 1 1916 builders reports show 400 steel merchant vessels under construction in private American yards totaling 1 428 008 gross tons down from 202 vessels of 761 511 gross tons a year earlier. November 1916 saw 22 vessels completed and seven new contracts for 18 285 gross tons.
New York stock exchange opening shows cautious recovery with United States Steel leading a mixed session. Munitions, rail stocks rise, shipping weakens, and later midday shifts bring varied recoveries as petroleum shares surge. International bonds remain irregular.
Building permits issued include two steel garages on Gregory street for J Pirello frame addition on Helen street for Michael Mason a cellar wall move on Hollister avenue for David J Margaret Byrnes a home extension on nai street for Peter Kalnosis a garage on Grove street for M B Deacon and a remodel basement on 28 Fairfield avenue for M Shelton.
Elias Howe school children on Union Avenue presented retiring janitor William McMullen with $30 saved from pennies and nickels. He served 22 years with the city, previously at the courthouse, and a testimonial from teachers accompanied the gift. School closed yesterday due to cold boilers.
Bridgeport Conn brokers report private wire quotes from T. L. Watson & Co. for NYSE stocks and Boston stocks at 1:30 p.m. Lists numerous issues with prices or percentages, including Am. Tel. & Tele, U S Steel, Allied Copper, Chesapeake & Ohio, and many others, plus a Boston market section with numerous small changes.
A blaze in Atlanta destroys the J. P. Allen department store early today with an estimated property loss of 200000 dollars. Fire officials report extensive damage and evaluate the cost at about two hundred thousand dollars.
The federal farm loan board plans to reveal within days the sites for twelve new farm loan banks nationwide. The move aims to expand rural credit access and support farmers with federally backed funds.
Washington reports that paper and paper manufactures exports will total about 40 million dollars this year, doubling any prior total as of today’s figures from the bureau of foreign and domestic commerce. Increased exports have helped push newsprint prices higher while the Russian government placed orders for 60 extra large engines with the Canadian Locomotive Co.
Baltimore & Ohio announced a full embargo on all western bound cargoes with exceptions for perishables livestock and foodstuffs for human consumption. The decision affects westward freights effective immediately as the carrier seeks to control outflow and stabilize operations.
Hartford police court discharged charges against James A. Sherwood of Easton and Fred B. Harriott of Huntington for slow filing of election expense returns under corrupt practices law. Prosecutor Parker said belated returns were filed and satisfactory. An unrelated note mentions $6,500,000 deposited at the Philadelphia mint for J P Morgan & Co.
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