Conservatism Drives Postwar Industry Gains and Auto Combine
The piece notes strong postwar corporate restraint, with dividends paid, debt reduced, and reserves built as industrial demand shifts to peace production. It highlights surging copper and steel prospects, Kennecott’s growth, and a looming Willys Overland led car merger with Hudson and Chalmers, aiming at 248 thousand 1916 cars and substantial net profits.
MENTIONED IN THIS ARTICLE
Arto
John N. Willys
Ford
Sos
Eral
Buick
Willys- Overland
Overland
Dodge
Studebaker
Maxwell
Wall Street
Willys-Overland Co
Willys Company
Hudson and Chalmers
Hudson Company
Chalmers Company
Willys-Overland
Hudson
Chalmérs
Willys- Overland Co
Auto Light Company
United ‘Motors Company
United Motors
Durant
Bristol
Perlman
Wall Street Hears Of Kitchener Fate Market Steady
Wall Street learned of Earls Kitchener fate an hour before opening. Trading opened with little reaction as some irregularities were offset by strong specialties. No repeat of last Fridays naval battle panic. Livestock quotes and delegates shoot market noted. Summer boarders seek silo milk output as auctions advertise casts Mostly Girls may have to get along with audiences Mostly men. Barmer Want Ads One Cent a Word.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Earl Kitchener
Stock Exchange
North Sea
New York Stock Exchange Quotations On Private Wires
Report of stock quotations as of 1:30 PM June 6 from T. L. Watson & Co. Bridgeport. Lists numerous issues with prices, including Am Beet Sugar 32, Am Can 56, Am Tobacco 204, Am Sugar Ref Co 111, Alaska Gold 23, Atch T & S Fe 105, Anaconda Copper 84, Bethlehem Steel 456, Canadian Pacific 176, Illinois Central 105, Interborough Met 18, United States Steel 84, Union Pacific 138, U S Rubber 565, U S Steel 84, Westinghouse 60, and many others. Also shows Boston prices and additional stock names on private wire.
MENTIONED IN THIS ARTICLE
T. L. Watson & Co
Corner Main
John Sts
Bridgeport
Conn
New York Stock Exchange
New York
Car & Fay
Smelt. & Re. Co
Sug. Refg. Co
Tel
Miami Copper
Missouri Pacific
Montana Power
Mex. Pet
Nevada Cons
Ational Lead Co
Norfolk & Wesern
Northern Pacific
N. H. Central
N. H
Ont. & West
Pennsylvania
Pressed Steel Car
West
Union Tel
Westinghouse Electric
Western Maryland
Market Opens Calm After Kitchener News With Mixed Movements
New York June stock activity opened calmly as investors absorbed news of the Kitchener catastrophe. Mercantile Marine, United Fruit, and major motor and sugar issues led advances while Norfork & Western, Reading, Louisville & Nashville, and Canadian Pacific rose to new highs. Willys-Overland and Chandler showed notable moves amid uneven motors. Bethlehem Steel gained modestly. International bonds remained firm.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Andard
Mercantile Marines
United Fruit
Crucible
Harvester
Wnoon
Norfolk & Western
Reading
Louisville & Nashville
Canadian Pacific
Willys- Overland
Maxwells
Goodrich
Chandler
Bethlehem Steel
Postal Savings Sets Record High Deposits in May
May was the biggest month for postal savings at the local post office with 2,616 deposits totaling 68,174 dollars and 3,168 open accounts. Main office reported 365 new accounts and 1,814 deposits totaling 47,551 dollars. East Side 550 deposits. West End 244 deposits. Stratford two new accounts. A single day in May saw 5,324 dollars taken, the largest day in bank history, with a man adding 800 dollars later to open an account.
MENTIONED IN THIS ARTICLE
East Side Station
West End
Stratford
Postal Savings Department
Recupertabs touted as nerve tonic cure in Paris markets
An advertisement extols Recupertabs as based on Dr Albert Robin’s formalsm and widely used in Paris and Europe. It claims Cher provides relief from nervous exhaustion, low mood, lack of vitality, and anemia. Glycerophosphates purportedly supply essential elements, with doctors recommending the tonic as fastest for nerves and blood. Available by mail order, prices 600 cents and 1.00 per package, with order form prompts.
MENTIONED IN THIS ARTICLE
Albert Robin
Paris
Hill
E. M. Ehlers
Y. Grand Lodge of Masons
New York City
A. Goldman
Victoria
Texas
Marshall F. W. Geraty
Manhattan St
New York
Hill Medicine Co
East
N.Y
Charter Granted to Cuban Sugar Mills Corp at Doer Delaware
A charter was granted at Doer Delaware to the Cuban Sugar Mills Corporation with a capital of 5,000,000 dollars. The action marks the formal establishment of the company under Delaware incorporation provisions. Named entities include Doer Delaware and Cuban Sugar Mills Corporation along with the capitalization figure.
MENTIONED IN THIS ARTICLE
Doer, del
Cuban Sugar Mills Corporation
Capital
Also Mentioned on This Page
Watson
Crisia
National City Bank
Setroleum
United States
St Paul, Nor& Western
New York Central
Elecpower
Gary
United States Steel Corporation
Essen
Utah
Nevada
Ray Consolidated
Kenniecott
Kennecott
Chile
Utah Copper
Boston
Kennecott Corporation
Chicago
Kitchener
Adventure Allover
Cal
Arizona
Hecla
Centennial Copper Range
Daly West Gulf
Indiana
North Butte
North Lake
Olid Dominion Osceola
T.L. Watson & CO
Main and
John Streets
City of
City Hall
Howard F. Smith
Green Mountains
J.W. Blakebrough
Brookfield
Vermont
Kelly’s Cigar Store
Fairfield Ave
James H. Kelly
University School
Fairfield Avenue College Preparatory
Civil Service
Frorenkiss
FAT
Main St
Poli
Corona
The
City National Bank Savings Department
Connecticut National Bank
Bridgeport Cor
Wall Streets
James Staples & CO
State Street
Bridgeport, Corm
Adirondaces
and the
Catskills
T. B. Warren Real Estate and Insurance
Sanford Building Telephone
Ridgeport Hydrauleic Company
Main Street
ATI
Patan
S A. BM
Sa. Pets SP
Sir and
Foth
Albert E& Lavery
Atents
A. M. Wooster
Patent Office
MAIN
Shourtty Slopg
Saecorar Seba
Orihe
Cu Zerdrts Chemical Co
St. A York
Bridgeport Trust Company
Saogeport Trust Company
Nantucket and
Marthas Vineyard
Massachusetts
New Haven
Conns
New York, New Haven & Hartford Railroad
Albany
Troy
Lake George
Adirondacks
Lake Chaplain
Beautiful
Searchlight Magazine
Hudson Navigation Company
Pier 32
North River
Pond Creek
Quincey
Saint Mary’s Santa Fe Superior
Tamarack
U. S. Smelting Ptd
Consol
Tommy
Horse
Ioom
Manchester
London Punch
Willie
Detroit Free Press
Walter
Hoston Globe
Naugatuck
Catherine St
Sa St
N.R
H. Cosgriff
New England Steamship Co
Andrew M. Ewing
Toni Ma
Aesica
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