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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Aug 19, 1927
Page
21
A damaged OCR fragment references referees and an upcoming game in a local sports rundown. It mentions a team and unfamiliar names but lacks clear dates or outcomes. preserves an upcoming event hint within a small neighborhood sports brief.
USDA estimates the 1927 cotton crop at about 13 492 000 bales of 406 pounds, indicating a drop from 1928 and 1925 levels. Boll weevil damage is severe, but growing conditions are near 1926 levels. If accurate, higher prices may persist, boosting business in cotton states.
In early August 1927 Wall Street notes show tire shipments for the first half of 1927 at 24,837,101 units, up 21.6 percent from last year, plus ballooning figures and dividends on Haitian American debentures. National City Bank signals capital expansion to 106 million dollars, two NYSE seats sold for 2.318 million each, and diverse market signals including Cuba contracts won by Warren Bios.
Wheat futures rose at the open as falke of first to develop in the Canadian natiwes and a softer Liverpool market provided support. Buying by a house with easier connections trimmed the early gain, leaving wheat near unchanged to 8 higher. Corn followed with slight gains on cooler belt weather prospects, oats steady, and mixed nearfits across contracts while futures closed modestly lower.
Cotton futures closed mixed with small moves as values ranged from a 4 point gain to 3 point loss. Trading showed firmer December 1976 and 1977 contracts while several month dates including January 2005 and March 2028 posted slight shifts. Spot middling prices held steady for middling quality.
Springfield August 18 The United Electric Light company announced a transfer of its stock to its holders. All 3500 shares of the Indian Orchard company will be distributed one share of Indian Orchard for every ten shares of United Electric. Indian Orchard will keep its charter but be owned by United Electric stockholders as individuals. Officers did not discuss potential effects on a proposed merger with Western Massachusetts holding companies.
Liberty bond prices and figures from New York markets are reported with various series such as Liberty 2nd 4 1-45 and Liberty 4th 4 1-4, including treasury references and miscellaneous rates observed on August 18. The data shows multiple bond series and prices in fragmented OCR text.
Connecticut agriculture bulletin lists prices for apples oranges lemons cantaloupes and other fruits by box, crate, and bushel. vegetables include potatoes, tomatoes, lettuce, peppers, onions, cucumbers, cabbage, corn, beans, and squash with unit ranges. Poultry dairy livestock and hay and grain prices are also provided for commodities such as eggs butter beef lamb pork and flour and feed components.
The Federal Reserve announced that loans to process and deal firms by New York Reserve Bank declined to 3 148.96 million as of August 17 from 3 190.33 million the prior week.
An analysis of women investors and speculation contrasted with informed investing. The piece argues women speculate but may learn to apply reasoned indications and cautions readers to invest in known ventures or watchable properties, warning that blind gambling risks losses and should be avoided.
Warranty deeds list Nicola Maniero to Generoso Masucci at 207 Park Avenue and several transfers on Fulton Street Forest Park and Bostwick Avenue. Mortgage due to City Savings Bank shows Masucci with 3000 dollars. Additional transfers include Elizabeth Turney Iranistan Avenue 700 dollars and 2507 to Italian Credits Association. City Savings Bank records show multiple balances and names such as Ray Stock Nathan Nussenbaum Carl Wenstrom Julius Nussenfield and May Flynn transfers across Laurel Place Clinton Avenue Whitney Street and Jackson Avenue.
Washington August 18 The second Liberty Loan issue has seen about 81.8 billion retired since March 1 Treasury Acting Secretary Milky announced. November 15 matures and the refinancing operations are selling at a premium, signaling strong market demand and progress in public bond retirement.
Directors of the Federal Reserve Bank of New York kept the rediscount rate at 1 1 2 percent, after cutting to 4 percent earlier this month, with no change announced today.
New York August 18. Walter Bo Manm of Latchmont NY an official of Burr oughs Aading Machine company fed in Texas in 1915 and loft an estate of 92199754. The will shows a limited bequest with Hotelier kiss school at Lakeville Conn receiving 30000.
The Aug 18 market digest shows butter receipts at 21 086 and creamery prices topping extras at 42 1 2 to 43 with 92 score, while eggs show irregular receipts totaling 14 983. Nearby hens and pullets are listed with varied prices, and broader notes reference Pacific coast whites, Maryland Virginia cobblers, and New Jersey figures amid dull potato demand.
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