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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Feb 16, 1920
Page
8
Wall Street shows gains as railroad strike postponement eases market anxiety. Credit situation improves with government support and rising investor interest from small buyers. Strong industrials trade higher as bargain hunters redeploy cash into equities despite ongoing credit concerns.
Charles Smeney, president of the SBNE Association of America, declares the silk industry now leads the world in growth and production. Cheney Brothers and Samuel J. Hall credited with development. American mills have largely replaced Swiss trade, with New York and Manchester plants expanding, and jobbers waning as US silk manufacturing dominates domestic and foreign markets.
The opinion contends that the Mellon plan hinges on guarantees from the government for financial support to keep the New Haven road self supporting, with a timetable that may see dividends sooner than expected. It notes divergent views on the plan’s implications and the likelihood of swift Senate consideration before March 1.
Alaska Governor Thomas Jr. outlines pulp and paper industry aims to open vast forest lands for timber and mill operations. He cites potential entry barriers under current laws and hopes for a framework allowing exploration and development across Alaska’s 14 000 mile forest belt.
An early 20th century United States commerce note discusses shifts in American footwear production, European styling influence, and the cautious stance of manufacturers toward European trends. It also notes Buenos Aires traders and Argentine hides bought under contracts tied to broader maritime trade with German ports.
Alonzo W. Burns, longtime Milford resident and former shipyard worker, died at Haven Hospital after pneumonia following an operation. A devout Episcopal church member, he was 79 and survived by a widow, two children, a sister, and a brother. The funeral is set for Wednesday afternoon.
Roundup of alleged anarchists in New York leaves 18 arrested and literature seized. Amerteen Lerign division of the justice agents led the operation, targeting Paterson Rede headquarters and confiscating anarchist books and printing stock. London reports widespread sabotage and subway worker unrest with government response.
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