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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Apr 30, 1918
Page
17
New York stock reports show limited gains with American Telephone hitting new lows while Corn Products climbs to a fresh high. Utah Copper and Studebaker clash with cautious outlooks as inflation and Liberty Loan financing shape volatility across rail and real estate assets.
A fortune teller speaks of a boy in uniform, predicting a bright military future. The youngster, barely old enough to enlist, is advised to wait, with speculation that he may rise to high rank and command, possibly becoming a general with stars and gold braid.
New York April 29 unfavorable crop progress reports spurred a rapid rally in cotton prices. Rain and low temperatures across the belt raised fears of delays and replanting, while some old crop liquidation diminished. By late morning active months gained, July near 25.80, as hedged sales remained limited and demand shifted to covering.
Federal authorities in Hartford have committed Hermann Bernauer a German alien and restaurant cook to the Connecticut hospital for the insane in Norwich. He was declared insane on a governor’s certificate and is under removal to the Norwich facility after earlier custody and observation.
Six subs built in the United States for the Chilean government anchored in Havana harbor after a four day journey from an Atlantic port. They are convoyed by the cruiser Chacabuco and the transport Aagamos. The Chacabuco fired a salute. great crowds lined the shores as the flotilla entered.
The grain markets fell on Saturday after rumors of food administration hedging bans. Officials clarified that legitimate hedging is allowed but in and out operations on cash grain may be unlawful as hoarding. Traders then covered, pushing prices higher earlier, though the overall tone remained nervous amid ample receipts for corn and oats and slow cash trade. Chicago closed unsettled with corn up and oats down as new guidance limited speculative hedging impacts.
In New York on April 29, bursts of low priced pool activity offset market lethargy. Rail leaders slumped while reports from rail hubs varied on tonnage. A S Steel led gains before surrendering them. Bethlehem Steel and others rose briefly then faded. Trade stayed tepid with 185000 shares trading.
Emperor William, in a Berlin dispatch, sends a manifesto to Chancellor von Hertling praising the Reichsbank's 1917 report. He credits military victories and the eighth war loan for public confidence and notes the bank's role in funding war costs with the nation’s economic backbone.
Italian war office reports a score of prisoners and a machine gun captured yesterday in the coastal region. Asiago plateau saw harassing artillery fire as Italian and British patrols remained active. The broadcast notes a strong future despite tough advances ahead.
The following new patents were issued April 10 to inventors of Connecticut. From the office of A M Wanster, solicitor of patents, Bridgeport. Names include Tren Vincent of Bridgeport for framing for automobiles, John Bolton New Haven for web stretching and guiding device, Shilin Brasher New Haven for registering device, William Titstel Waterbury measuring apparatus, William McLoughlin Hartford fastenings antiskidding device, Kurt Boiler Hartford machine and process for treating gum, Alfred Redortha Windsor for treating tobacco, Edsom Gallau det Norwich airplane sheneser Hill Norwalk air ed suppressor control, James Stocking Simsbury portable fire extinguishing apparatus, Albert Thompson Plantsville pickax, Harvey Williams Wallingford bevel gearing, John Baker Stamford game pieces and related paraphernalia.
Notices announce deaths in April and May 1917 1918 1948 and 1978 with funeral details. Agnes Lutters 26 from 269 Bunnell St to Park Cemetery. Benjamin Burr 70 Easton Conn to Center Street Cemetery. Josephine Snelback 1978 Park Ave to Calvary Cemetery. Frank W Sheridan 1948 Kossuth St to St Michaels. James McQueeney 14 from 98 Black Rock Ave to Sacred Heart. Ann Kermode 1938 to Kingston burial. William Lewis 1918 Fairview Ave to Mountain Grove. Margaret Rowe 1918 1275 Howard Ave to St Peters. Mary Pagan 1928 Wagan daughter funeral later.
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