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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Jan 18, 1922
Page
15
A column notes ample funds for new bond issues and bullish stock activity as investors pour money into offerings. Scattered obituary notices and funeral announcements follow from Milford to Norwalk with multiple local names and addresses listed for services.
Instructions advise rubbing perspiration stains with sean and laying the garment, then washing. It suggests a method in which colors are preserved if the item is wet with camphor before laundering.
New York investors kept bonds steady with gains in Liberty and high grade railway issues. Southern Railway 30 million issue oversubscribed while St Paul system bonds rose after yesterday’s advance. Industrials and tobaccos saw notable activity. Interborough Rapid Transit and Third Avenue rails posted small gains. coal and steel issues moved narrowly.
Alfred A. Doty former police commissioner alderman and Elk member died at home yesterday. Survived by wife and son Alfred with siblings. Funeral at 8 a.m. Friday from his home and 9 a.m. mass at St Mary's. burial in St Michael's cemetery. Also notes death of Henry Scheibat, Henry Fisher, James W. Allen, Matthew Daly, Mrs. Gerold M. Hurbank, Ida J. Bouton, and Ida L. Bouton with funeral details and burials listed.
The money market shows cautious operations with slight changes in call money and time loans. The opening levels indicate a modest concession of around 4 1 2 percent for call money, with closing references near 4 1 3 percent.
The market shows mixed activity as floor traders lift lagging industrials with notable buyers like Studebaker and Steel firms leading gains. Speculation remains keen on chemical stocks and fertilizers while sugar and minor specialty trades stay restrained. The scene hints at a shifting leadership amid a volatile session with murmurs of consolidations in machinery and related sectors.
A garbled 1921 report indicates heavy claims by surety firms. Text references rising factory profits, stock pools, and market speculation, with mentions of Magneto interests and copper production signals. unclear entities and dates due to OCR errors yet imply financial stress and possible price shifts.
Market notes show costs rising to 44 2 per cent from six per cent. The United Slains government plans to withdraw 8 million dollars on Thursday, bringing total weekly withdrawals from coast companies and banks to 22 million dollars. Weekly prices are higher, with motor shares showing notable activity as Studebaker operations are mentioned.
Financial notes report a Connecticut Safe Deposit Association meeting at Seasile club tomorrow afternoon with a five o clock opening. Topics include corporate exchange, required filings, and changes in key registration and rental collection methods. Also noted are security topics from Mosler Safe Company and local bank involvement. Bridgeport and Alberta securities figures are listed, with stock activity and prices described amid a general market rise.
A garbled list of warranty deeds shows numerous transfers of property in various streets and avenues. Entries include Glover to Mary EF Rows at 148 Pequonnock Street and multiple transfers on Pem broke Street, Waterview Avenue, Freemont Street, Huntington Turnpike, and Remington Street among others, with buyers such as A B Reich, Ancle Zajne, Teo Feldwan, Michael Robstock, Nathan Kraft Realty, and families like the Swords and Whitehead listed in scattered notes. The long, unreadable OCR segment names many individual grantees and parcels, often with inconsistent spellings and stray words.
Daily staple cash prices in New York are listed for commercial products with quotations. The report notes the day’s market activity and links to commodity prices for key staples.
New York metal market quotes show spot and multi month rates with names such as Jay and March futures. Trader notes indicate weak demand in some shipments and varying spreads across January February contracts with price ranges near 4.70 to 4.85.
Grain and corn futures closed with modest gains as bundled reports from Australia and the south prompted price upticks. Wheat stocks reached about 4.085 million bushels with forecasts hinting at a 13 million bushel reduction in some regions. Provisions rose on hog market strength while owners held back on profits.
The New York curb market showed uneven trading with no major changes as oil shares moved. Kirby Petrochemical led early activity while Syndieste and Marinsuia gained, Standard Oil of Indiana and Imperial Oil of Dallas remained steady, and other issues softened slightly.
The Orion market shows continued rise sparking speculations in local farm trade. Specs on potatoes, cabbages, apples and other perishables vary with some grades lower while fancies stay scarce and prices adjust. Meat and dairy stocks stable with modest gains in certain regions, feeding a cautious outlook for next period.
Building permits issued yesterday include work on a house at 388-400 Linton Avenue for ATI G Saltin and a frame dwelling on Tod North Avenue for Mrs Stephen Whivan. A frame dwelling addition is planned at 73 Pang Vend Grange for Fernando Plan. Also noted is a personal tax notice stating a two dollar annual poll and related taxes. tax office hours are 8 am to noon on weekdays except Saturdays. Estate matters include the will of John Altieri and creditor claims with deadlines. real estate debts are to be paid promptly.
An OCRed fragment discusses creamery items and milk market terms with scattered terms like pounds, grades, and prices. It mentions milk, skim, and lower grades, plus a stray quote about women and employment embedded in the jumble.
Market observers note increased appetite for bonds as investors show confidence in the new year. Banks attract syndicates and underwriters while foreign lenders eye large Hong Kong loan funding to government departments.
Foreign exchange markets in New York on January 17 show German and British currencies weakening as early quotes for Anglo French and Sterling declined. Continental currencies eased broadly with several items trading down from recent peaks. Market data included Paris and Amsterdam quotes, and notes on 60 to 90 day rates and various international figures.
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