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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Jan 08, 1921
Page
19
New York June 7 experts anticipate a stock market slump after a recent rise as Crucible Steel and other issues show gains. Traders fear a volume day may fail to sustain the advance with widespread reports of industrial activity cooling and manufacturers considering curbs.
Bridgeport reports indicate The Commercial Bank and Triast Co and The Newfield Bank and Trust Company show assets and loans with discounts and collateral loans exceeding several hundred thousand dollars. Deposits and profits are noted, along with statements sworn by treasurers George Hugo and Albert Tremady, highlighting securities, bonds, and notes.
The report records weak butter with receipts of 2 924 tubs and higher creamery prices than extras. It notes varied stock, fresh gathered and first to extra grades, and multiple prices for different butter types and colors. Potatoes and Jersey sweets prices are listed, along with steady ages. Seven building permits issued with total value 12 175 dollars for various construction projects in Anna OC and nearby areas.
Philadelphia breweries were ordered to hearings to show cause why their licenses to manufacture beer should not be revoked by J. M. Sackett chief prohibition inspector for Pennsylvania. They are charged with manufacturing and filling beer containing more than one per cent alcohol. The hearings likely will be set for January 38 before John E. Kramer prohibition commissioner and Arthur Meehan state director, with Sun Henry Ortiene and Arkot Senseffey Brewing companies named.
New York, Ton. 4. A rumor claims the old inhabitants of Manhattan Island traded the island for a keg of whiskey to the Indians in 167e. The piece notes a persistent rumor that they would now reclaim the land in exchange for rum, reflecting a playful historic tale.
In New York on January seventh, cotton prices rallied after initial declines. March reached about 14.92 before retreating, May fell to 14.85, and overall activity showed firming with gains of around 24 points at times. Reports of increased January notices and export inquiries supported the market as southern sellers took profits. Fall River weekly print cloths rose to over 146,000 pieces, with total exports this season about 4,482,878 bales and port receipts around 86,279.
Wheat prices in Chicago move lower amid new estimates of the Argentine-Australian surplus pegging at 261.6 million bushels, prompting bears to gain ground. Corn and oats dip while provisions show a small gain, with export demand and tariff concerns shaping the day.
Disjointed OCR style cattle and hogs quotes show price ranges for steers hogs and sows. Highlights include primes around 9 00 and 16 00 for various weights with mixed activity. lambs and ewes rebound sections note higher bids and steady demand. overall market movement appears uncertain with fluctuating quotes and several garbled totals.
A fragmented notice appears to document a dispute or declaration involving a person identified as AETHUTC PURCY, with mention of a wife named Gladys Purdy and implied intent or responsibility for a failure or withdrawal, though details are unclear due to garbled OCR text.
Coffee futures opened down 11?2 points amid thin Brazilian cables from the holiday. Purchases and covering emerged as Santos offers steadied, with prices retreating to narrow losses before closing: January 88, March 6.35, May 6.29, July 7.15, September 7.47, October 7.88, December 7.74. Spot coffee steady.
London report shows 2500 Lancashire mills with capital around 1 million pounds paid 500 thousand pounds in dividends. Net declines in 837 representative firms in the London district during the past year totaled 15,000,000 pounds. Total capital issues of the year excluding government loans exceeded 54,000,000 pounds, up from the previous year. New issues in December were 60,000 pounds against 23,000,000 pounds in November.
J Shape Singhars moved goods in April at large houses in New York. Dry goods values were set today with shirling chambrays and drossing among items traded, reflecting market activity.
Tama sale notes firm demand with wool goods like silks and worsted dress fabrics improving. Prices for eras goose pers Aicatly and deer items remained uneven as buyers focused on quality and value, drawing more customers to certain stalls.
Four hundred ninety six lots offered without reserve at public sale of the new Salem Massachusetts plant of the Embossagraph Products Corporation. The auction covers property and assets including patents drawings fixtures and stock with sale on Thursday January 18 1921 starting promptly at 10 a m. Catalogues available from the auctioneers office. Trustees Philip W. Jacobs Philip R. Amidon Edward A. Counihan Jr.
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