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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Apr 10, 1923
Page
15
Wheat prices rise to new highs on late seeding and thaw delays across the Northwest and West. Corn trends higher amid light shipments and bearish pressure easing after government signals. Breeding damage in Oklahoma and Texas adds to market jitters as farmers await rainfall.
Report of the condition of the North End Bank and Trust Co Bridgeport at close of business April 38 1925 shows total resources and capital figures including 8064 46 and 430.00. notarized by Noel, notary public.
3. W. STRAUS & Co. Incorporated are in the market for loans secured by completed buildings of modern character with ample earning power. We prefer loans of $200,000 and up. Prompt action on all applications. Special literature explaining how you can save money by borrowing under the Straus Plan. Write to our Loan Department and ask for BOOKLET L
The Supreme Court, acting on government motion, dismissed the Federal Trade Commission case against Fruit Growers Express Inc. and its Armour concern after FTC orders to stop exclusive use contracts with railroads for perishable shipments. The action stemmed from requirements that refrigerators be used exclusively for perishable products.
New York trading showed a subdued bond market with government issues down modestly, foreign bonds in fair demand, and railroads showing small gains in refinancing. Notable movers included Chicago Great Western 4.8 and Union Pacific refunds, plus Southern Railway weakness. industrials were irregular with mixed price shifts and a $7 million Union Oil issue tabling at a low yield.
Report from Great Falls plants shows Anaconda Copper and Trump Products exceeding prior outputs. Rue Tringival subsidiary posted monthly earnings near 260000 to 275000 dollars. Industry leaders Annaconda Copper and Trump Products expand capacity as production records fall.
A garbled market brief notes activity across sectors including Northern Coat & Iron, Prairie Oil & Gas, Imperial Gul of Canada, and Cosden Negotiator. It mentions trading in mining and standard oil groups, with shifts in prices and certain contracts shaping speculation, alongside anticipated regulatory or market impacts on shares in New Jersey and related industries.
In a flat session May day trading showed net losses surpassing gains as professionals avoided new commitments. American Woolens announced a 10 million dollar 7 percent preferred issue while Steel Corp raised its daily wage claim. Rail stocks showed lethargy though some buys appeared under current prices. Sugar gained on raw sugar news as autos edged higher on production hopes. Foreign exchange was steady with sterling and French francs moving on labor and debt payment expectations.
An analysis by the Department of Commerce shows Canada tops world exports to the United States, supplying 11 percent of all U.S. foreign purchases in 1922. The United States imported 347 million dollars in goods that year, with Canada accounting for about 874 million in total trade value. England, Japan, and other nations followed in order.
Jenkins Brothers valve manufacturers will open a South Main street Bridgeport plant creating about 190 new jobs. Crane company will transfer Chicago plant activities here, consolidating production. Jenkins will hire an entirely new local workforce when facilities complete early next year, keeping no layoffs as work shifts from Chicago to Bridgeport.
Snow and dairy price notices mix with a long outdated railroad meeting notice. Butter and creamery prices appear volatile while egg markets firm. New York New Haven and Hartford Railroad Company calls annual meeting for April 18 1978 to review affairs and elect directors and consider bonds.
Electric metals held steady with electrolytic, spot and futures around 1734 LT 4s and 46.75. Northern lead traded 31.00 to 32.00, No 3 Northern 30.00 to Go 81.00, No 3 Southern 27.00 to 28.06. Lead stood at 3.55 spot. Wine markets softened with East and nearby delivery at 7. Antimony quoted in spot markets.
A fragmented financial snippet lists odd figures and city names in a foreign exchange style. The readable parts mention Starkbein, Magert, Cedebiey, and Ya Craarigy alongside numbers 7 and 4, suggesting an informal or garbled rate table.
Secretaries and witnesses cited in a deposition show alleged tampering in a civil suit for 116,500 dollars linked to the White Sex incident. Joe and Mrs Jackson testify, with the court commission proceedings recorded for the trial before Girard M Cohen.
The snippet shows a fragment labeled COMMODITY PRICES with partial figures including POS LSS wp figures and an unclear item Hostfoei. The record preserves the lone readable label and stray term without inventing full market data or dates.
Bridgeport March clearings totaled 42 306 326 across three Pedeval Reserve banks, ranking Bridgeport second in the state behind the city with 44 30. The report shows Bridgeport ahead of Neesley and Springfield, indicating strong banking activity in the city.
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