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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Aug 30, 1918
Page
13
Aug 29 report details a proposed Liberty Loan committee led by W Hodges of Remick, Figes & Co, to build a nationwide organization. It aims to promote bond sales, educate holders, and create a secondary selling campaign between loan periods, with members from National City, Guaranty Trust, and William A Read & Co.
Market notice from L. Watson & Co shows October prices at 3570 high 3470 low. Bank prices listed 3580 3424 with 84306 recorded and sent over private wires.
Leonard G Cox died in this city on Thursday August 29 1918 aged 44 years 4 days. Friends invited to attend the funeral from Henry E K Bishop's mortuary chapel 274 Airfield Avenue on Saturday August 31 at 2 o'clock p m. Interment at Lakeview Cemetery.
New York August twenty ninth. Foreign advices show allied forces and domestic developments favoring the stock market but mood turns apathetic. Fears of banking interests threatening corrective measures and six billion dollars more for the next Liberty loan drive sentiment. Railroads show gains while Canadian Pacific and St Paul slip. General Motors plunges further. Low priced Pierce Oil active. rails and other issues improve. Bond markets irregular. call money strong. Newspapers mocked for censorship and paper waste in Washington missteps. Adams in Boston News Bureau.
Notice warns of unsafe safes at Stuie Fairfield Ave and near Stone the secend de. Fire damage reported in two pricts. Telephone 4952 for details. Bridge fire threat and potential orders noted. unclear dates.
New York reports Southern Railway as a standout with July gross earnings of 12.36 million dollars, a 64 percent rise, and yearly net income near 7 months’ total of 1917. United States Steel and other firms face labor costs and demands amid war production, with unions pressing for wage changes and credit questions looming for essential industries.
Corn prices attempted a rally at the open but failed to gain, closing lower by about 15 cents from a week earlier. October corn finished at 1?54 3/4 with hedging selling evident. oats also weakened while provisions stayed dull. Hog and cattle receipts at CHICAGO showed varied moves with hogs pushing higher early before profit taking, and cattle and sheep volumes mixed amid steady to higher bids.
Arthur Bard testified in the Burnith Sachs suit at the county courthouse that the Park City Construction Company owed only $3000 when its property was attached. He contradicted Sachs who claimed a much larger debt. Proceedings continue next week with arguments by Sachs counsel and Judge Foster. Bard will be consulted again. Separate bankruptcy matters involved Ralph Perry of Reading, with trustee Charles Perry and appraisers Banks and Bradley, declaring a final dividend of 23 percent and total 85 percent. Also two junk dealers linked to involving minor buying were cited by police. American International Corporation declared a quarterly dividend of 90 cents, yielding 6 percent on 60 percent stock paid.
A lively Vaudeville program at the Poli theatre features Billy Bouncer with trampoline stunts and Telinal Mayne delivering a charming voice performance, Kendal's Auto Dolls, and a strong film lineup including Norma Tatmadga in Her Only Way. The West End offers Robert Warwick and Julie Hammerstein in a dramatic youthful artist tale, Hearst Pathe News, and a Mack Sennett comedy. Lyrie theatre announces Lilac Time opening with a cooperative company and strong rehearsal progress.
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