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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Feb 01, 1923
Page
17
Washington reports show market gains amid British agreement on debt funding terms. The Federal Trade Commission was directed to scrutinize all cotton industry branches including production and marketing. Senate pensions committee approved bureau pension bill after vetoed provisions were removed.
In this city several death notices list names such as Novenes L Long Cecelia Maria Dennison Isabella Leahy Mary Gilbride Laura Hackett Mary Ramsden Harry Sayles Amel Stalman and others with funeral details. Services referenced include St Patrick's Sacred Heart St Michael's Mount Grove Park Cemetery and local churches with dates ranging Feb 1 2 3 in late January 1923. Interments occur at local cemeteries as family requests.
The Town of Stratford Board of Relief will hold hearings at the Town Hall to review valuation assessments. Hearings are set in February on February 1st February 3rd February 7th February 10th February 14th and February 17th from 2 to 4 PM and 7 to 9 PM. Beardsley W A Stagg N J WEL 25 Boundary Relief.
New York traders greeted Britain's acceptance of American debt funding terms as a rallying factor. U S Steel fell amid disappointing quarterly results, while banks and rails traded firm on the news. Foreign exchange moved higher, with sterling and French plans showing gains before a late pullback.
Mrs. Wilhelmina Schepple Gretle Meptier honorary president of the German Catholic Woman's Union will address the Council of Catholic women at the Community House 224 Washington Avenue this afternoon. A long time resident from Germany she came to the United States with kindergarten teachers to advance early childhood education for ages two to six. She represents a federation of over 2 006 000 members and spoke at the National Catholic women’s convention in Washington last October promising to speak in Bridgeport.
Market notes show copper steady around 8.00 to 8.87 for spot and futures while lead remains firm and zinc holds steady. Antimony and other metals show limited change with near term delivery patterns cited from St. Louis and nearby markets.
Real estate records show multiple mortgage deeds and quitclaim deeds involving Carnals Ls, Michilinia fikoniske Dizekosl, and Alexander Disvkose with Mechanics Farmers Savings Bank. Parrott Avenue and Center Street figures. Repeated entries list transfers from various owners to Bridgeport Savings Bank and People's Savings Bank along Jane Street, Stillman Street, and State Street with values around 2700 to 12000 dollars.
Two people were injured when struck by autos in city streets. The four year old daughter of W T Olmstead of 1118 Barnum avenue was bruised when hit by an auto driven by Albert B Gully of Strat ford on larium cavenue and treated by Dr John Maxwell. Frederick Schnell, 16, of Stratfield was lacerated near the left eye after stepping in front of an auto driven by August Augus of 3 Wood avenue near Somers Street and knocked to the ground.
Graduates and friends are invited to the February class exercises at Bridgeport High School Thursday afternoon in the auditorium. The program includes a playlet titled Bix little Wives, readings, a class banquet in the lunchroom, and a dancing entertainment afterward for the attendees.
The six story building occupied by A. W. Naight and Co. printers in Poughkeepsie burned today, incurring an estimated loss of 700,900 dollars. The blaze prompted emergency response and investigations into the cause.
New York reports a sharp rebound in foreign bonds after Britain’s cabinet accepted America’s debt funding terms. Prices rose across French, Belgian, and Swiss issues, with mixed results for domestic securities. Losses and gains balanced as investors retraced profits amid steel stock weakness and modest U.S. government movement. Total sales reached $82,060.
In New York Liberty bonds show demand with a high bid and low ruling rate. Closing bid around 46 with offers at 4 percent and 4347 noted. last loan 5 against acceptance drafts.
Professional trading dominated curb market activity with widespread scalping and selective individual moves. Maracaibo Oil led gains, up over a point as stronger cash position and expanded development plans support its stock. several low priced oils showed modest rallies while high priced issues largely held their levels.
Fragmentary report hints at ex dividend adjustments and minor shifts in stock prices. References Latety and Raver in connection with a $3 ex dividend, and a two percent trade impact amid overall dividend activity.
Sugar refiners push refined sugar to 60 cents a pound while hardware shortages deepen. Builders hardware prices up about 3 percent amid rising costs. The Remington company seeks a permanent injunction against National Cash Register over patent infringements tied to Bridgeport developments.
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