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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Aug 07, 1923
Page
13
Financial traders show cautious optimism as bonds rise toward better prices. Treasuries and corporate issues tick up while several issues retreat, with mixed moves across industries. Industrials dull. utilities and rail stocks advance slightly amid market adjustments.
Critics pick Johnny Wilson to win as he takes on challenger Bryan Downes in a midweight bout. The champion’s trainer Harry Kelly battles crowd chaos and belts during a tense sparring session. Wilson and Downes exchange blows, with Wilson delivering heavy hits in a long twelve round affair. The champion vows sharper training for the next fight and aims to prove his improved form.
Changes in economic conditions affect virtually every security and impact earnings property and business. Hemphill Noyes & Co offers to supply the latest information on well established corporations. Contact offices in New York Bridgeport Philadelphia and Pittsburgh for details.
In Plainfield a mother of two locked her children inside, leading to severe burns for one child who died and another severely burned while firefighters and responders worked to rescue them and contain the blaze.
Copper prices show modest moves while futures and spot markets reflect mixed demand in major centers. Iran and regional data appear steady, with U S delivery details and floating prices noted amid varied trading activity.
Wall Street started the week on an optimistic note as bankers and business leaders expressed confidence in President Coolidge. Steel center reports point to forward buying, private rate hints suggest reparations talks between France and Britain may resume, and prominent stocks like Baldwin and Studebaker posted gains. Trading came mainly from professionals with some short-covering and floor buying, while the market also reflected cautious mood on euro competition and rail equities after mixed industrial news.
A nationwide agricultural survey shows dairy prices vary by state with New York reporting the highest retail milk price at 41 cents per quart, while several states average around 12 to 14 cents per quart. The report notes Michigan Missouri and Minnesota have lower local prices, and factors include regional production costs and distribution.
Obituaries for Josep M M Cum mings Bridgeport resident who died in Washington appear with multiple funeral details. Several lines note services at St Michaels church, interment at St Michaels cemetery, and survivors including parents and siblings. Additional notices include George Burton Winton of Bridgeport died in Boston with services in Astrand Massachusetts, and Gladys Curtis Boyson a former Bridgeport resident buried in New York.
Money New York reports a chaotic OCR fragment noting a money market update with unclear figures. Mentions of August and bids appear disrupted and names or places are unreadable. The readable content centers on financial activity and market lingo without coherent details.
The veteran leader Zaimis declares willingness to accept leadership of a national coalition government after King Constantine abdicated. He would unite Moderate members from Venizelist and anti Venizelist camps and seek a constitutional return to peaceful governance. If chosen, M. Adimmis may become premier.
Warranty deeds show Wallace W Welch transferring property to The National Transportation Company on Jackson and Amelia Guckeri on Luigi Saccone and Rosa Saccone. Chamberlain to Giuseppe Farrugia on Indian Avenue. Whitehead Jones to Michael and Stose Saris. Nowitaz et al to Kalman and Mary Karas. Bridgeport Realty Corp to William J Catios on Westfield. Leewith to Bridgeport Realty on Westfield. Leewith to Bridgeport Realty on S Loewith. The Bridgeport Realty Corp to The Morris Plan Bank on Winter. Gerber and Frank on Laurel Avenue mortgage. Danie Sabe and J Jace Sabe to Francia Pure Perry on King Street. Elisabeth Sullivan to Morris Man Bank on Winter. National Transportation to Wallace W Weick on Ducksen Avenue. Saccone and Saccone to Amelia Guckert on Thamipaan Street. Mary Moholl to Mary Ixovacs on Tine Forest with $861.
Grain prices moved mixed amid a larger U S visible wheat supply for the week. Wheat prices rose slightly while demand remained restrained as traders weighed government loan plans, weather in Canada, and notes of potential European selling. Corn eased on rain relief prospects for a good crop, while oats held firm and provisions rose to regain early losses.
August 1 market report notes gradual improvement in New York curb trading with a small volume. Oil shares led activity as Cities Service rose about 2.5 points, South Pennsylvania gained 2, and several others advanced. Glen Alden Reading and other railroad rights were active in the industrial group with modest gains. Mining names showed fractional advances and Gillette Safety Razor declined slightly.
A rough transcription shows cotton price increases driven by expectations of a larger Texas crop. Brokers William Mitchell and Gatien, along with traders in Gwihmey, project demand and trading activity driving an $80,000,000 value shift. The market exhibits volatility as trading volumes rise in response to the crop outlook.
Foreign exchange activity in London slowed during a holiday period as traders reported a sharp fall in demand and widespread depreciation. Sterling weakened further amid thin liquidity, with several major currencies showing notable moves against the pound.
Prices listed for Wheat, Corn, Pork, Beef, Sugar and more. The report cites spot prices and year-old estimates, with steady notes on oats, rye, lard, and other staples. Describes general market tendencies and regional trade activity without detailed figures.
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