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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Aug 16, 1918
Page
15
Market reporters note a dampened advance as war tension spurs erratic trading. Call money remains strong around 3 1/2 percent, while Marine and General Motors lift modestly. U S Steel and Reading show uneven movement. totals show sales near 5.38 million dollars with bonds firm and internationals easing.
Boston August 15 cotton buyers and mill owners urge government control of the New York Cotton Exchange to curb gambling speculation. Speakers advocate accurate bale labelling and note transportation delays, with mills sometimes waiting six months for cotton delivered in six weeks. George Waring calls the exchange a legalized gambling house under supervision.
New York August reports show corn prices fluctuating within a narrow range while bulls cling to a hopeful view of crop prospects in the Southwest and parts of the Midwest. Rain and recent hail waves limit recovery, though buyers supported modest purchases amid moderate western receipts and sentiment that crop damage is largely priced in. Oats firm as cash demand tightens, export volumes limited by port congestion after a surge of wheat arrivals. Chicago livestock prices slip for hogs and cattle, with mixed shifts across grades and regions as buyers and sellers react to current market signals.
NEW YORK Aug 13 During receivership period Missouri Pacific spent many millions shaping its road and equipment. The question is whether government will recognize these expenditures as capital improvements or as overcharges from three years 1916 1917. There are reports that overcharges may trigger cumulative preferred stock dividends. Steel bar price cuts aimed at agricultural machinery makers stir talk of price fixing. Politics in Washington influence farmers implements pricing. Steel common stock declined after tax policy discussions with McAdoo and the Ways and Means committee. Negotiations between Richmond administration and the Baldwin Locomotive Co may yield new plants in Chicago and Atlanta. Automobile production lags. Kard motor car output for year to June 30 reached 709000 vs 785000 prior year. Retail sales projected at 400 million to 550 million. net profits not released. B F Goodrich balance for common stock around 20 a share after taxes. Pool mood shifts to New Haven. New Haven strength argued by Boston and Maine outlook. McAdoo expected to inspect New England terminals with unity recommendations.
Market snapshot shows quotations for corn and related commodities with bids asks and closing levels. Includes references to steamboat and motor stocks, assorted prices for grains, fuels, and miscellaneous items, echoing a historical trading page with firm names and numbers.
The review notes Eddie Vogt in the lead and strong turns by John Lilly and Madden in a bustling live program. Thevaudeville lineup includes Norma Taima contortion on a pool table and the Italian Serenaders with exquisite violin work. On screen Theda Bara appears in The Soul of Did dha while Constance Falmedeos The Lesson earns praise for its charm and production. The program at Elite and West Ward theaters features Within the Cup, Under the Yoke, athletic women, Pathe News, and a dramatic Fedora tale in a long, varied bill.
Tonight and tomorrow at the Vampire Theatre presents the culminating scene of the Sardou drama once a star vehicle for Sarah Bernhardt and Kitty Davenport. Miss Frederick showcases her dramatic trajectory with notable opportunities for display.
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