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This newspaper page contains 16 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Apr 13, 1923
Page
22
Financial and commodity markets show improved tone with gains in rubber related equities and oils, while overall averages struggle to break recent lows. Industrials rallied late while steel, autos, and equipment shares led a cautious broad advance, offset by declines in certain transportation and chemical issues.
State Board of Agriculture release dated April 22 1923 notes steady to firm conditions for fruits vegetables and eggs with onions cabbage and apples holding firm while lettuce remains steady. Butter and meats show slight declines and poultry dairy outputs vary. livestock prices for Milch cows butcher steers calves hogs and veal are listed with fluctuating ranges. Grain and feed prices at the farm level reflect modest shifts with mixed wheat corn bran and cottonseed meal among dealers.
Land and railroad side property details describe flat terrain of about half an acre. The fragment notes factory or radio-related use adjacent to Hartford Railroad, with references to line and sidings. Further context is missing to identify entities, dates, or outcomes.
The article reports a large expense for an Armories bout with Bright, a doctor, expected to arrive tomorrow to train for the fight. Bogash, Keeley, Gavin, and McNanney are named in connection with upcoming matches, with management restricting access to the dressing room and plans for the venue in Stratford and nearby cities.
Market report shows slight gains and steady futures for tin and zinc. Spot and futures for tin around 16.87, zinc steady, antimony priced at 8, with East St. Louis delivery near 7.45.
A scrambled April financial note shows mixed signals with figures and terms like high and low, suggesting market volatility. Despite the garbled text, investors watch for clarity on listings, prices, and potential shifts in value.
U S government bonds moved uncertainly with minor fluctuations while steel and sugar firm edges appeared. Railroad mortgage issues showed slight changes, with a few notable price shifts and a $9 par value of total sales. Kansas and Texas railroad management announced upcoming interest payments on past obligations and related coupons due February 1, 1923.
Speculative interest in the curb market today centered on the oil group with prices showing a tendency to recover after heavy yesterday losses. Standard Oils expected gains, while Gain was subdued though pressure eased. Mamnisth Gil fell briefly before stabilizing. Dubillier Radio extended gains to 12 1 2 as confidence strengthened in its improving fundamentals. Imperial Tobacco remained strong near year highs around 19 68, backed by European buying. Royal Canadian Oil and United Verde focusing on new Alberta peat fields showed modest upward movement. Midvale paints and Hydrex gained slightly amid broader improving tones across the mining and industrial issues.
New York April 12 The Blaze reports on the Federal Reserve Bank of New York condition. The statement lists gold reserves, bills of exchange, open market purchases, total earnings assets, and member deposits with figures and adjustments.
The Boston and Maine Railroad declared an embargo on all coal shipments except those for railroad use. The embargo takes effect until next Monday and is due to a shortage of coal cars, many empty, across the system. About 40,000 such cars are reported in the fleet. The notice cites securing available cars as the reason for the halt.
Census figures show umbrella and cane product value rising from 12.8 million to 26 million over seven years. U S trunks and travel cases output up 76 percent from 28.5 to 46.5 million. Topics cover corsets, brassieres, tobacco, jewelry, watches, and toys with trade details, including West Africa imports, Canadian tariffs, and clove shipments.
The Agriculture Department forecasts higher wheat prices as crop conditions deteriorate across states. Harvest totals reach 686,204,000 bushels, with overall output below expectations and prices likely to rise based on the report. Kansas Nebraska show the lowest conditions in years, while the Middle West and Indiana report moderate declines.
Grain traders in Chicago report a mixed wheat session with May and July futures posting gains while cash and other grains slipped. Bears covered positions as favorable rain in the south tempered losses, but crop reports from Nebraska Kansas and Ohio weighed on sentiment amid some reopening of high prices before profit taking reduced gains.
Reading from local price notes shows wheat prices steady with corn and rye following a similar trend. Hog values edge up while provisions move in step, reflecting ongoing demand and supply dynamics in this period.
The article reports a DOJ backed inquiry into sugar price manipulation with U S Attorney Seymour in New York and conversations with President Harding. secrecy is maintained to avoid alerting offenders as the investigation proceeds. Also mentions future smoking compartments on a London to Berlin air route.
Oslo April 12 A special committee appointed by New England governors finds conditions far from hopeless and sees prospects of a broader market for the region. James J. Storrow says preliminary findings point to an open question of merging with trunk lines, with physical railroad condition generally excellent though power and equipment vary. Howard D. Kelly notes regular, favorable studies and argues New England can compete with the Middle West in shipping goods via water routes and coastal connections.
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