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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Aug 12, 1927
Page
21
Parcel of listings shows multiple housing offers with varied features and prices. Includes Maplewood area, wartime sale notes, large plots, and several real estate agents promoting 2 to 3 bath homes with amenities and potential for investment.
New York August 11 Brokers face delays as stockholder proxies are required before issuing stock rights after the exchange rule. The New Haven Railroad plans 600000 shares of preferred stock. proxies sought from commission houses have been slow, not due to opposition but procedural hurdles.
Multiple local death notices dated August 1927 list Eva Hubbell widow of Frederick Baldwin. David E Cohn of 633 Newfield Avenue. Andrew Gaspe. Pete Millette. Margaret Nemeth. Rosalie Latow Shackett. Elizabeth de Vegas. Edward A von Holty. Leanes Wilcox. Notices include funeral details, residences, cemeteries, churches, and attending instructions.
The Waren Foundry and Pipe reports six months ending June 30 with net income of 217,790 or 87 cents a share on 250,000 no par shares. Building permits issued in 489 cities during July declined 20 percent from July 1926 and fell 1 percent from June 1927. In five leading cities losses were 15 percent from July 1926, New York down 32 percent. July permit value totaled 289,453,508 for 489 cities, vs June 448,726,601 and July 1926 at 9359,650,224. Underwood Typewriter reports six months ended July 30 net profit 1,914,620 vs 1,146,644 in 1926. second quarter profit 89,762. North Eastern Power Corp buys 36,636 more shares of New England Power Association, now 272,518 shares or 84 percent outstanding. Columbia Gas and Electric and subsidiaries report 12 months ended June 30 net income available for preferred and common dividends of 23,616,950 on 922,581 shares of 6 percent preferred stock. Saniay Grocery declares initial quarterly dividend of 2p per share on common stock, payable Sept 15 to stockholders of record. Croydon Aerodrome in England served 26,500 passengers in 1926, over half by Imperial Airways. Bankers Trust informed. Willys Overland subsidiaries report six months 1927 net profit 6,055,554, up from 1986 first half. Sales total 123,085 cars versus 98,000 in prior year. New sales record set for the company.
A series of property deeds show Wanmanty Deeds Caroline Goodsell transferring on Capitol avenue to Robert M Lessie and City National Bank with Aldine avenue parcels, and multiple transactions involving Bridgeport Laid and Title, Amsterdam and Park avenues, Pembroke and Janisiae streets. Values range from 1,500 to 8,000 dollars, with several banks as grantors or holders and various heirs and purchasers named.
New York produce receipts show potatoes steady at 34 per cwt for No 1 cobbler and 300 to 350 per barrel for other grades. Cabbage values vary by variety, with Long Island bulk white priced at 79 per barrel and savoy around 100. Butter and eggs lift as new extras and firsts fetch higher quotes, with regionally sourced hens and browns showing gains.
New York August 11 Max Reichenbach paid 222000 for the New York Stock Exchange membership held by Neil Finch, a new high in selling prices. The previous record was 220000 and the last sale was 8318 000.
The Rubber market closed weaker with Sept down to 33 60 and Dec to 36 00 and March 36 40 while loans to brokers and dealers at the New York Federal Reserve rose to 31 1/2 billion dollars from 43 171 845 000 the prior week as announced by the Federal Reserve Board.
Preliminary returns from 146 industrial firms show overall profits irregular in the first half of 1927. General Motors and U S Steel are not included in the totals, while 14 public utilities rise 11 percent over 1926. Automotive and steel show losses, petroleum faces the sharpest decline, and food companies show notable gains.
A 1918 column argues there is no single best investment for all. mortgages, real estate, bonds, and stocks each have risks and gains. The writer cites famous financiers who prospered by staying within their knowledge. If you know real estate best, focus there and seek solid advice. finance remains the shoemaker’s last rule.
In New Haven on August 11, Federal Judge E S Thomas dismissed a suit by Yale Electric of Brooklyn seeking an injunction to bar Yale and Towne Manufacturing of Stamford from using Yale as a trademark. He noted Yale appears on many product lines and that Yale and Towne predates the Brooklyn firm in hardware sales.
A dated listing of farm produce and livestock pricing from the Connecticut Commissioner of Agriculture. The table covers fruits such as apples oranges lemons and berries, vegetables including potatoes tomatoes lettuce peppers onions beans cabbage and melons, poultry and dairy items, and livestock with ranges for quantities like crates, baskets, and dozens. Also includes hay and grain dealer prices per 100 pounds. Rich in specific item names and price bands.
The August 9 1927 Connecticut patents list includes assignments to Bryant Electric, Whitney Manufacturing, Hartford Empire, Puller Brush, Sco vill, Yale University Press, and others. Notable items cover switches, dispersing machines, eyewear devices, magazine safety, windings, bottle designs, a liquid cooling device, combining corsels, and various footwear and trimming items. Names include Henry O Engstrom, Vergil Mulholland, George H Tanste, Morris Fox, Thomas F Cooney, William Somers, Markoff Brothers, and more.
Milford firemen said they will obey a town rule forbidding advertising placards on poles and trees after Milford police removed posters for the firemen's carnival. Officials stated no more placards will be posted in Milford.
A two story frame barn near Pine Creek road in Fairfield burned early today, destroying hay and tools. Owner Patrick Carroll received a head cut running to the blaze, a dog perished, others were saved. fire chief estimates about 4000 pounds loss with most insured. Firefighters from Fairfield Center contained the fire to the barn, sparing the house 50 feet away.
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