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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Feb 05, 1923
Page
13
In Chicago on February 4 the city will gas the last fire engine drawn by horses. Fire fans and children will witness the final bell and hoofbeat as Mayor Thompson and officials attend. The horses Huck Beauty Teddy and Dan will be sold unless humane societies intervene to grant them remaining years.
Washington Feb 4 Plans for a national pool of railroad cars under a general agency representing all railroads were unqualifiedly condemned by the American Railway Association. The plan, submitted to Congress and the Interstate Commerce Commission by the National Association of Railroad Securities, was called economically unsound and impractical to implement. Committees on Interstate Commerce endorsed the report, noting proponents fail to grasp that advantages claimed are already being realized without a costly, nonfinanced agency.
A London advertisement offers expert advice on social matters while a Connecticut court in Hart County orders notice by publication in Bridgeport Telegraph for a divorce case. The action, TANT ORPER OF NOTICE, involves CUSIMANO GHERRA vs GERRA ANTONIO with defendant unknown, publication to begin by February 16, 1928 for two weeks.
The Taxpayers of the Town of Stratford are notified that taxes on the Grand List of 1922 are due in two installments March 15 1922 and August 1 1922. The collector will be at the town hall March 16 1923 to receive payment. After April 15 1923 interest at 0.75 percent monthly applies to unpaid first half taxes. J Wilcoxson, Collector.
William B. Storey, president of the Atchison Topeka and Santa Fe Railroad, told Kansas City Chamber of Commerce members that credit is essential for railroads to pay interest and attract investment. He blamed high labor costs and restrictive immigration laws for current woes and warned government control and sweeping rate cuts harmed the industry. He urged preserving the 1920 Transportation Act and opposing proposed cures that threaten rail finance and farmer affordability.
President Harding is expected to send an open letter to Congress this week demanding passage of the Ship Subsidy before the session ends March 4. The letter will go to Senate Commerce Committee Chairman tones to push swift action on the bill as soon as the political situation allows.
New York stock market turns higher after a dull spell as foreign bond prices and commodity values rise. British approval of the American Debt Funding Commission terms boosts confidence. railroads report improving December earnings, steel output remains strong, and grain and cotton markets show volatility amid price stabilization efforts.
Framingham police and state officers work through 36 hours of inquiry into the shooting death of Patrolman William J. Welch. He was killed early yesterday in a lodge house front room in the Baxonyville district. Authorities believed he may have been killed by a prisoner he had just captured.
Freight car loadings for the week ended January 20 reached 865 578 cars, per Washington reports. The barometer shows business volume above prior years, with three week totals for 1923 at 2 605 183 cars, 1922 at 4 4735 cars, and 1924 at 2 118 154 cars, while January declines reflect seasonal patterns and October peaks.
Henry 3. King of New Haven is named general superintendent of the Dictaphone Corporation plant to be run in Bridgeport after Bog purchase of the Columbia Graphophone dictaphone business for 1 million dollars. The Columbia buildings lease five years. future plant plans hinge on ownership. King previously served as assistant secretary and federal superintendent of the New Haven Clock Company.
The USDA reports show U S pork production rising over 1921 with a larger pig crop expected in the next six months yet prices may not fall. Fall 1942 litters were 18.8 percent above 1921, with 6.1 pigs per litter, while sow breeding into 1924 is predicted 13 percent higher than spring 1922. Hog losses rose 32.4 percent in the eleven corn belt states, though total stockyard receipts and slaughter show gains. Connecticut potato crop reached 3,390,100 bushels in 1922, above 1921 and the ten-year average, with Maine contributing large shipments but Connecticut not exporting interstate. Market notes discuss butter prices dipping, potato and cabbage trends, and beef prices holding with steady to firm markets for various meats.
A report from 8S W. Straus & Company New York notes construction activity will grow nationwide this year with stable demand in many areas. Shortages persist in common labor plasterers and bricklayers while wage scales rise in several cities. Apprenticeship programs expand and schools for building trades receive support from unions employers and public schools. Bradstreet reports food prices drop 1.1 percent this week compared with last week and up 10.6 percent from the year ago period across eighty two commodities.
The report notes twenty advanced compared with Jas week, sixteen declined, and forty remained unchanged. The figures reflect ongoing activity and maintain a steady distribution across categories.
New York stockholders were assured by Midvale Steep Ordinnet Co that its proposed merger with Bethlehem Steel is legal and does not violate federal law. The letter notes expected FTC involvement and outlines stock exchange details including fractional shares and par values.
The weekly index shows average movement of 200 prices and the purchasing power of money relative to 1913. It notes May 1920 price peaks at 147 percent above prewar and a dollar equaling 40.5 prewar cents, with data drawn from 200 quotations and weights from War Industries Board reports.
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