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This newspaper page contains 15 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Feb 18, 1921
Page
15
New York February 17 brokers report widespread declines in stock prices driven by bearish sentiment. Factors include cabinet disagreements in Europe, rising rail freight idle figures, and weaker exchange markets, sparking heavy losses across major issues. The market downturn follows earlier stability as investors process potential dividends and sector rotations amid uncertain outlook.
Bank Commissioner Joseph Aiden orders the Tremont Trust Company into receivership after a run on deposits and heavy losses impair capital. The institution, led by Asa P. French as president and Simon Swi as vice president, operates a Roxbury branch and faced prior withdrawals during last fall’s industry-wide bank stress. Police guarded the Scollay Square offices as customers gathered outside the closed doors.
Hearings were held at the state capitol on a petition challenging the Connecticut company’s double truck one man car between Meriden and South Meriden as unsafe impractical and very convenient. Meriden officials and J K Pride of Connecticut company spoke for their positions while petitioners argued against the design noting concerns from motor men and doctors in attendance.
Fragmented OCR text mentions heirs of Jasob Baker and division of estate among four regional groups with attorneys involved. No clear dates or full entities clearly identified. Summary reflects scattered mentions of locations and parties without confirmed facts.
Notice issued under legislative act requires every man aged 21 to 60 to pay a personal tax of two dollars for town and state taxes. Tax due at the Tax Collector’s office Rooms 4 and 3 City Hall Bridgeport Conn on and after February 1 1923. Howard F Smith Tax Collector urges payment and notes objection handling.
New York Feb 17 International Paper company announced the price of five and tenths cents per pound on newsprint in carload lots for the second quarter of the year. The quotation amounts to about $129 per ton for the quarter and the final quarter of 1920. Customers may also opt for a quotation of 5 1/2 cents from April 1 to year end, lowering the voyage price to $410. If customers plan to take the Mat price after April 1 they may continue under the present arrangement with quarterly quotations.
Announcement says Associated Southern Yale Alley will hold a Washington meeting on March 27 and 23. Benedict Crowell, former assistant secretary, will chair the communities arene in the meeting. Delegations of Yale men from across the country are expected to attend.
The notice lists quit claim deeds and mortgage transfers involving multiple properties and parties. Transactions include William Mittetein on Davengarl Avenue and F106 Wayne streets, Harry Oldfield on Brookfield Avenue, and Margaret A. McDonough on Brookfield. also mentions Streets or avenues in Beardley and Trafford area, with several legal actions and foreclosures pending against individuals such as Arthas Henry Neat and J Metvnisk.
Wheat and cotton markets sag on tariff uncertainty as President Wilson could veto or support the tariff. traders quote cautious sentiment, Liverpool prices slip, and U S port movements show limited activity. Market observers note remaining uncertain demand and a cautious Wall Street tone as March futures trade.
Fragmented report records market offerings for sugar with possible shipments to Porto Rico. Notes about shipments, consumption plans, and delivery delays, with references to Cuba, transfers, and refinery orders amid changing supply lines and prices.
Fragmentary OCR note describes Liberty Bonds in New York with figures and codes. Mentions bonds, numbers, and a second body line with unclear details. Context suggests financial instrument reference but lacks complete facts or events.
The market opened steady with wheat slipping as traders weighed tariff bills and reports of green bugs. Prices fell about 2 to 4 cents per bushel with cool weather seen as a potential aid to the crop, though export demand remained dull. Corn and oats were subdued, while millers reportedly raised flour prices. overall activity showed cautious buying and selling across grains as weather and policy news influenced sentiment.
The report outlines a tense discussion on a loan in which investors weigh collateral, rainfall impacts, and vegetation as factors. Officials debate terms and prices as economic pressures and local interest conflict with potential gains, hinting at shifting support for the loan.
Fragmentary ad style note describes a satire titled Socialites facing present day problems with a focus on social figures. Mentions Bro, Med, and a free admission offer. Contains garbled terms and unclear details but indicates a humorous critique of contemporary social life.
The American Bosch Magneto announces a dividend reduction impacting pay schedules and related financial arrangements. Bridge construction details reference the Ariderport area with procedural notices from the Bridge Commission and probate authorities in Fairfield.
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