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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 20 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Dec 20, 1923

Page

20

Utilities value larger, dividends lower, U. S. says

Hartford, Dec. 19 The Utilities commission reports the last ten years show electric equipment value rising from 9.5 million to 36.5 million and electric dividends increasing from 2 to 1.83 million. Railroad dividends fell from 14.7 million to 762 thousand, gas dividends rose, telegraph and telephone dividends also surged. Industrial accidents numbered 4, with 113 fatal, 6,078 injured, and 1,668 noninjury incidents. New York, New Haven & Hartford led with 59 killed in 4,073 crashes.

Wartford Vab- Ue Utilities Commission Nseal Charles A. Templetai Tor Nay Strest New York, New Haven & Hartford Conniction

Market Opens With Heavy Liquidation In Curbed York Trade

Liquidation dominated the opening of today’s market with many shares dipping while gains of 1 to 8 points were logged for Imperial of Canada Maryella Petroleum and National Transit. Losses appeared in Cities Service Wenn-Mex Kuel Southern Pipe and Prairie O and Gas. Gillette Safety Rover rose to 84 then fell to 80 as Durant Motors gained nearly 3. Centrifuge Cast Iraq Pipe dropped about 3 before finishing near 29 1/4. Penny stocks showed bullish bursts amid a choppy, irregular session.

EU York Earb Immarket Wharea Durant Motors Iraq Nur

Direct private wire connections in 44 key cities offered

We provide the facilities of our home office and direct private wire connections or representation in 44 of the most important cities in the country. Correspondence invited.

National Grain Corp creditors to get proposal

Creditors of National Grain Corp, recently placed in involuntary bankruptcy, will hear a forma proposal at a Saturday meeting. Jacob F Klein, counsel for the firm, said the offer would allow continued operation and a settlement with about 100 creditors, reducing legal expenses. The firm’s assets include a heavy stock of canned goods, large property holdings including the Liberty Building, and mortgages. Receiver Edmunds Wolk had not received the schedule of the defense organization yesterday.

National Grin Corpany Jacob Fi. Klein Punkrunt Corporation Klein Wit Liberty Building Edmunds Wolk Hic

Unofficial Census Places Bridgeport Population at 157,044

Bridgeport's unofficial census shows a population of 157,044, up about 10 percent since 1920 and compared with 144,983 at the last decennial census. The report, based on local office statistics, presents figures for autumn 1919 and autumn 1924, including public school enrollment, water services, and demographic breakdowns.

Fire worst enemy of oil industry

A nine line Associated Press report states that fires have been the oil sector’s greatest enemy in the United States over a ten year span. It cites about 14 million in losses in 1915 and multiple major blazes in storage, pipelines, and refineries. A July Beaumont Texas tank fire caused 2 million in damage, and a Humble Texas blaze destroyed crude oil tanks.

Washington Dee United States Bureau of Jinthes Beaumont Humble Texas

Market declines push foreign exchange rates in New York

The New York foreign exchange market weakened as the French livre fell more than 7 points to 5.17 amid demand concerns and claims of French government support withdrawals. Sterling eased to 4.86 1/4, the Swiss franc dropped to 4.07, and the Italian lira weakened further, with mixed shifts in Scandinavian and other European currencies as investors reassessed French policy and dollar credits.

New York Iranca Cantinental Yerijean Bankera France iSwiss Fonnes Traian Mie Konto Thino Sweden Norway Denmark Greses

May Department Stores Stock At New 1923 High

Stock market notes describe May Department Stores reaching a new 1923 high amid a broad rally. Gains in Pacific coast, National Lead, Chicago markets and related industrials accompanied by cautious profit-taking in speculative favorites. The upswing followed expectations of tax measures and dividend announcements, with some declines in Baldwin, American Car, and Studebaker while others held firm.

Washington Mellon Jesve L. Livermore Wall Street Northern Pacific New York May Department Stores Hie AP Sch Baldwin Cun Studebak Tvhiah Wold Althea

Real Estate Deeds and Mortgages Record Entries

Realty records list quitclaim deeds and mortgage transfers including Christopher Ty Sundine to Cherie Crowther on Highland Avenue and J Tustin Casey to Atier 3M Cisay on Carroit Avenue. Multiple deeds show properties on Clarke Street Hancock Avenue Courtland Street and Olive Street with prices ranging from 550 to 24000 amid noisy OCR garble about a public figure.

Christopher Ty Sundine Cherie R. Crowther Raulty Uighland Charles Ti Crowther Eniit Crowther Ighland J. Tustin Casey Atier Cisay Carroit Avenue Oward Odenwald Jean Fleischer Hancock Avenue Andres D'Eranico Gould Clarke Street Gould Murray Andrea J3'Arstaine

Cotton option market steadies amid New England mill shutdowns

The option market opened near unchanged and advanced 20 to 40 points before closing 1 to 2 points above the session, as New England mills began easing and planned to stay closed into January. A cotton group will meet with Agriculture Department officials to review crop estimates and market reports. Quotations were received via private wire from Tittmanthal and Co. of 3116 Main Street Beeny Building, Togma Owen IL.

New England Departient Af Agriculture Ceporte Lysund Wite

Metal Market Roundup Amid Mixed Commodities Decline

New York metal market reports quiet trading across several staples on December 14. Tin shows steady to firm at 131.50 spot and futures. antimony sits near 9.25. zinc, cobalt, and related metals vary with no strong trends as traders observe cautious activity.

New York iUosper Catyras Thun la Nortera

Crawford Buys Land Fronting Courtland Street

George Crawford, president of Crawford Taundry, buys a 29 foot front on Courtland Street from Hin Williams, Fraven Swale, and Ray W. Stillman. The sale, $1,250,000, divides laundry property from Christchurch land and notes evolving plans for the new property. Gilbert Freedman handled the Westland Theatre deal.

Lillian Williams Fras Ray Stilman George Crawford Courtland Street Gibert Priedman Bassie Rapoport Eva 1G Cohen jState Street Morris Lustig Nunuiate Seauzillo Lyle Seauzillo Olive Street Crawford George 3S. Crawford Crawford Taundry Company Cougland’ Street Hin Wiliams Fraven Swale Ray W. Stillman Christchurch Proport Grunfarg Gilbert Freedman Weslsnd Dessie Happoport

Foreclosure Actions Filed Over Plaza Area Property

Two foreclosure petitions were filed in Superior Court against multiple defendants including Edward Von Wettbeary, Lewis, Dwyer, and Levin. The suits seek foreclosure on mortgaged real estate near the Plaza, with loans of 90000 and 1800, and parcels described as 82 feet by 40 feet along Plaza and Bank Street plus a parcel on Water Street.

Sodue Lens Connec Mortangé Bridgeport Tani Edward ¥. von Wettbeary Ford Lewis George Dwyer Johr Street Ifu Ton Wettersery Charles Louis Levin Vlava Sadeet Bank’ Street Eerus State Water Street von Werthers Grice M. Wakentaun Henry Hall Malrfield

RCA Subsidiary Wins 13 Million China Contract

A RCA subsidiary secured a $13,000,000 China job amid corporate transfers and rights moves. The Telegraph notes the Delaware based firm and its governance lines as part of the deal, with stockholder interests noted alongside the offshore structure and media ties.

China

C C Denies Increase on Citrus Fruit Rates

The Commission denies proposed rate hikes on citrus fruit and vegetables for refrigeration enroute to northern markets. The ruling counters the request as impractical and excessive, citing impact on prices and interstate commerce. The decision interrupts a move by a major shipping company seeking a fifteen percent rise.

C. C Washington Dee Te —Mxpr Noedern Interstata Cemurorne Sommivefon

Parke Davis Declares Extra Dividend Amid Regular Payouts

New York December 15 Parke Davis and Company announce an extra dividend of five cents per share and an additional regular quarterly dividend of four cents. The Threotypes corporation also declares an extra dividend of two and a half cents on common stock.

New York Parke Davia and Company Bes Commie Dhreatms Threotypes

Bond market reacts to year end tax selling activity

Reaction in the bond market stems from anticipated year end tax losses before Congress acts on tax reduction and a bonus. Railway issues led declines while the Chicago Terre Haute and Southeast Railroad five percent bonds rose. American government bonds showed recessions amid market uncertainty. The American & Foreign Power Co. Inc offered 400 000 preferred and 400 000 common shares, quickly subscribed with a 96 to 1 preference, one common share offered with each preferred.

York Taikroad St. Paul Chicago Terre Haute & Southeast Railroad Eaguy Aid Feather Company Amercan Nutton Congress American & Foreign Power Co. Inc

Grain Market Notes From Wheat and Corn Sessions

Wheat prices drifted lower with selling pressure while May and July contracts closed modestly down. Corn remained steady as demand held despite favorable weather expectations for the harvest. provisions offerings were light and lard was purchased by distributors.

Bec EhuMe Silvey Underwen Winiper Dade Jak Ted Coen Argentina Alex

Building Permits Issued for Six Structures in City

The Board of Building Commissioners approved six permits. Projects include a garage at 197 Frame Street, a frame store at Rosedale Court, a corrugated garage on Trumbull Road, a frame garage at 582 Livingston Street, a storage shed at 160 Water Street, and a frame work at 5 Sprague Metro. Total value listed as $5,049.

Nurch Niki T. Mmfiasinesyk Bure Court Elunedupetes Trumbull Roads J. Hyduraty Frame Liewster Street J Briener Water’ Street Sprague Metro Agere

Boston and Maite Authorized to Issue $7 Million Bonds

Wallington December 19. The Interstate Commission authorized the Boston and Maine to issue 7 million dollars in bonds. The funds are to be used as collateral for a government loan arranged with the treasury department.

Also Mentioned on This Page

P. U.S Public Utilities Commission Hemphill, Noyes & Co New York Stock Exchange John Street Bridgepost Pitt A. J. FitePatrick West Et Street N.Y New England Equity Corp State Street Ain Tor Leon Arnold RAO Austin de Vasco Als Chandler Chios & Oia Alton Chile Cuba Ata Emerson Erie Seraaser Anoo Erie Dovsevtene Ua Syed Troy Kinney Lehigh i Wiley Maracaiby Marine Fe Mont Ward Osaas At - Ali Phila Pauline Jae Schulte Stes God Sterling Studebaker Tex Gulf Sui National Grain Corp Ito Great Peiain Authedrance Denmanhds Ital Greene Halland Stag Rusale ENIAC Siafaas Demian Muatmary Vray Sage Slavia Cen Sayura Adias May Dept Wade R Eviews Iron Age Vatlond Ust Idaro Rock Island Great Northern Chicago & Northwestern Tilngly Central Omaha Phillips Petroleum Corporation Tae American Petolem Tnstitute California Call Money Dictor Frederick Metal Market Anes Chicago Board of T Nee Feethal Gererity Huitaing Watt Penniel Part Offive Sey Street Houm Seton | Pork Ty ‘Traiser Fidelity Loan Corp Middle St John Noble Guaranty & Trust Co Bridgeport First Mortgages Plone Mina Linden Avenue Seaside Park Myrtle Hazel Avenues Linden H. L. Blackman & Son Fairfield Avenue Connecticut Barnum Hincks Bros. & CO Connecticut Trust Fund Securities Main St Conn Telephone Barnum Jona Barney Thaeusge Lego Equitable Industrial Loan Society, Inc
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