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This newspaper page contains 16 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Feb 22, 1926
Page
16
New financing climbed to a weekly high of 198 million dollars as bonds and stocks sold at varied prices. The market showed bulk demand but quotes fluctuated with traders seeking profits while new issues and municipal bonds faced mixed reception.
A dense price listing from New York shows firmer quotes across meats dairy fruits and poultry. Pork markets dull with various meat yields noted. butter cheese milk and eggs show mixed firmness. fruit prices span apples peaches apricots and raisins with multiple quality grades. live poultry and dressed poultry markets remain subdued with modest spreads reflected in regional quotes.
New York February reports show weak buying of steel and unsettled influences across trade. Despite large overall business and ample funds for financing, coal and coke price declines, anthracite mine resumption, and stock losses mark a moderate trade slowdown with expectations of freight growth ahead.
The porcelain sale raised $43 285, bringing Viscount Leverhulme’s aid collection total to $1,935,285. Paintings and porcelains are sold, with furniture, library, drawings, prints, and watercolor groups remaining for future sale. Rare Chinese, Wedgwood, and Serreste porcelains were among items sold, including Kang His Chinese case decorated with blossoms bringing $3,100 from Frank Partridge, a Golden art dealer.
Yale University alumni will visit hundreds of classrooms and laboratories on the thirteenth annual Alumni University Day observed on Washington's Birthday. Alumni are to tour more than 90 classes across departments and the university exhibition until 11 o clock.
The weekly index measures wholesale price movement of 200 commodities and the purchasing power of money relative to 1913. It cites May 1920 price peaks at 147 percent above pre war levels, with a dollar worth 40.56 pre war cents, and credits new methods described in Irving Fisher's The Making of Index Numbers.
The report notes an objection to broad steel deals and potential cold chill when market volatility or static conditions affect trading. It hints at intermittent concerns about price movements and the broader impact on stakeholders.
Connecticut authorities note rising egg costs during Lent as Bridgeport markets show steady prices for fresh eggs amid transportation gains. The report covers poultry, vegetables, meats, butter, and assorted farm goods with extensive price lists and regional market activity.
New York Exchange and all securities and commodities markets will be closed tomorrow in observance of Washington's birthday. Banks will also be closed as it is a legal holiday.
M Pinovelfi told the Inter national executive committee that world revolution remains the sole objective of the Communist Internationale. He said methods may change but the proletarian dictatorship is the order of the day and urged expansion into China and South America to mobilize workers and peasantry against imperialism.
The British steamship Glenardle arrived Saturday from Glasgow with over eight feet of water in her fore peak. Damaged plates and crew reports say the vessel plowed through miles of ice east of Cape Race and off Sable Island, carrying 3393 tons of coal. After 15 days at sea, officers describe periods of being caught in ice up to 12 hours and forced course changes to reach clear water.
United States sugar consumption in 1925 reached 107.5 wounds per capita, a new high, up 131 2 percent from the prior year due to low prices. Hawaii Australia Cuba and New Zealand remain top per capita. domestic surveys show household use leads in manufacturing after 1918, with canned fruit growth expanding output from 914 to 20 3200 cases and sugar in industry rising from 26 248 to 43 '62 long tons.
Wilkes-Barre Pennsylvania February reports many coal miners to return by Monday boosting anthracite flow. Mine operations resume after engine trouble at the Great South Wilkes-Barre shaft and most collieries are expected to run at or near normal capacity by week’s end as railcars are promptly dispatched.
Coal yards filled to capacity as freight trains run, but a Wyoming valley mine's washery near Butler colliery was burned today. Estimated loss is about 25000 dollars, with cause undetermined. Authorities investigate the blight.
More than 200 Dartmouth students and local residents joined the dawn blaze dispute in Hanover New Hampshire to fight a fire at the Allen Drug Store. Damage was estimated at 40,000 with the fire subdued after a two hour battle. A telephone alarm alerted responders when a switch lamp flashed, prompting the first notice of the blaze.
New Haven reports the death of Oswald J. Prior of the police department at Raphael's hospital. The cause listed is carbuncle. Prior had been advanced to grade A and cited for merit in duty.
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