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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Feb 27, 1924
Page
18
The report tracks activity across grains and foreign exchanges with July and September futures hitting seasonal highs. Wheat dips while corn, oats, and other staples fluctuate amid export demand and domestic weather damage concerns.
Real estate and patent office references dominate this fragment with mentions of Wooster Davis attorneys and Bridgeport. it hints at property exchange services and advertising exchanges for houses and lots in Fairfield and surrounding areas. The text is garbled but centers on listings and legal notices.
Rough trading in copper and railroad bonds weighed on prices. New York reports show declines across copper issues with Chile Copper and others slipping, while Seaboard Air Line and Norfolk & Western issues rallied briefly on earnings news. Government financing fears pressured liberty bonds and central offerings, with mixed outcomes across the road list.
Jiavic M Lustig a milliner at 111 Main street sold his business including stock and accounts to Marcelle Inc of Springfield Mass. The buyer continues operation of the store under the selling name. Lustig agreed not to engage in related trade under a different name.
A man identified as a postmaster was arrested after a bystander reported suspicious activity near a vehicle. Police recovered a firearm and the suspect, claiming postmaster duties, was jailed and granted a hearing tomorrow as counsel prepares. The case involves alleged gun possession during a Sunday incident in Waterhay Seon.
An injured traveler recounts a chaotic scene involving a baggag e car accident and a returned toboggan ride near a hotel. The account mentions a disrupted trip, a religious reference, and police or official involvement with searches and pending details.
News from New York reports the unexpected passing of Anaconda Copper dividend triggering heavy selling in copper shares and a decline across the stock list. Anaconda traded about 60,000 shares, sliding to 72 1/2 amid sector weakness while other industrials fell one to two points. experts cite low profit margins and large copper imports as factors, with some gains in select issues like Sloss Sheffield after dividend news.
The New York curb market featured a sharp break in drinks and a broad dip among industrial issues with several favorites edging higher. Prairie Oil and Gas, Solar Refining, and Tierna & Scrymser led losses while Thy Tta Mo Corporation signaled dividend plans, and several firms including Humble and Gilia posted declines amid volatile trading.
A dense OCR fragment lists numerous inventors, firms, and places connected to patent designs and sewing and machine tools in Connecticut. Names include William Harvington, Susan Calder, Berryville, New Britain, Meriden, and Watertown era references. The text references design patents and design machines, tools, and related trades.
The foreign exchange market opened lower with limited activity and mixed results across currencies. The British pound and Belgian franc showed gains before retreating, while Norway and some Nordic currencies edged higher or lower. interest in Far East and South American pairs remained subdued.
Market notes show Western cotton growers faced borrowings and hedging pressure as cash prices fell from earlier highs. Prices eased on the day with losses around the market, while options activity shifted and observers traced the hedging dynamics amid liquidity strains. Quotations were received via Hirsch Palit & Company from their New York wire.
Market conditions show firm gains in potatoes and cabbage with higher prices noted. Potatoes demand supports 20 cents higher than last week for Maine stock while cabbage gains around 10 per ton amid weather and supply factors. overall fruits and vegetables mostly steady with balanced supply.
Liberty Bonds figures listed for New York include government securities with series designations and interest terms. The fragmented OCR text references First and Second, Third and Fourth series, with numbers indicating quantities or prices, but readable details are incomplete.
In New York, money markets quote higher lending rates around 3 4 to 4 1 2 percent while banks offer loans against securities with mixed collateral. Terms range 60 to 89 days as commercial bankers note cautious demand and shifting credit conditions. An industry observer mentions a senior official rising from rank to chief in a regional force context.
Hartford February 26 State's Attorney Hugh M Alcorn announced he will seek injunctions in the March term of the Superior Court to close at least six properties where evidence of illegal liquor sales was found and may extend to twelve before the term ends. The move continues the padlock law policy begun about a year ago to curb liquor sales.
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