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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 20 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Jul 06, 1923

Page

17

Big real estate deals sweep through City market

A flood of major property transactions dominated yesterday as F M Benham acquired a west Broad Street block from Bridgeport institutions and Sagal bought sites on Fairfield Avenue and Main Street. The Times Publishing Company property changed hands to Schnee and Schnee with plans to convert a building into a store and offices. Bullard Machine Tool Co received final quit claims from City National Bank, closing prior arrangements on the Black Rock site. Executors sold the Wordin homestead on Courtland Mill to Thomas A. Kirkham at public auction also.

Towland der Gooda Vomet Font Fune F. M. Tenham Birst National Bank of Bridgeport Bridgeport Savings Bank City National Bank Bullard Machine Tool Company Noa Haid Marcus Hirsh Samuel Greenbaum Oficenaners Times Schnee Howland Sagal Buss Pant Feirfiel Leave Harrison Street Charles A. Paul Louis M. Sagal New Haven Poli Sagal Main Street Woo George Berger Golden Hill Main Middle Streets Ceasar Misch Theodore E. Steiber Joan Capitol Cleveland Avenues Brooklawn Harry Berger New York Bullard Black Rock Eliza B. Wordin Wordin Courtland Mill Thomas A. Kirkham Milford San

Federal Reserve Bank July 2 report details reserves and assets

New York July 2 close shows total gold reserves 1,005,534,243 total reserves 51,032,256,995.83. Bills on hand 299,523,695.78 and earning assets 324,656,935.48. Uncollected items 3753,411,015.73 due to members 2724,932,816.53. Total deposits 753,914,955.65. Federal Reserve notes in circulation 346,819,755.50. Reserve-deposits and note liabilities 78.2 percent. Paris dispatch notes a surge in personal crisis reports in France with multiple fatalities and despair cases. analysis cites annual counts rising since 19th century and shows women 24 percent, ages 40-50 most affected.

New York Federal Reserve Bank of New York Billa F.rf Paris France Dejlay Seine Avenue d l'Opera Paria

Ruhr Impasse and Lead Cut Aid Bear Traders' Attack

New York stocks slumped at the open on a holiday slowed market and then rallied with small gains as the Bank of England raised the discount rate to 4 percent and Franco British impasse over Ruhr prospects persisted. European selling pressured several leaders while Dupont remained resilient as Wall Street money moved quietly and out of town banks dominated commercial power demand.

New York Lodning Bank of England Rehr Wear United Steel RY Winate Union Pacific Northern Pacife Berk S. Steel Baldwin Ant Favine Northern Pacific Jersey Delaware & Windsor New Haven Time Money

Construction Costs Up 35 Percent Since Four Years Ago

Washington report shows average owner costs at 16.19 dollars per square foot now, up from 4.60 dollars in 1915. The rise reflects nationwide averages from Commerce Department data, not contractor charges, and signals a possible near-term downturn as observers warn of a building boom on the verge of lapse.

Ralph Coucch Washington United States Department of Commerce New York Boston Washington, D.C

Local Produce Prices Mixed After Holiday Quiet

Local market reports show light supplies and subdued demand after the holiday. Beets lettuce cabbage peas beans and spinach mostly steady with rare firmer notes in peas and cabbage. berries scarce and dearer. incoming out-of-state goods near prior levels. prices for many items including apples melons and tomatoes listed with regional variations. Poultry dairy and livestock values noted, with milk, eggs, and fowl prices given alongside hay and grain rates from dealers.

We Marketing Bureau State Board of Agriculture Princes Princs Derlinad Osenvees New Jersey Marly Kohirabe Kennery

SITS ON CHIGGERS TO LEARN HABITS

In a July Chicago note the writer recalls boyhood days spent hiking to the country and the bothersome chiggers. The piece describes chigger behavior and bites, noting their preference for rabbits and mice habitats and how they attach to skin, then drop down and bite.

Chicago Derry Leon Ynykseit

Foreign exchange in New York weak amid political tension

Foreign exchange rates fell in New York on July 1 amid unsettled political developments. The dollar hit a yearly low around 4.55 1 16 per dollar while French francs declined 86 1 4 cents and Italian lire dropped to 4.47 1 2 cents. German marks were near 0.08 1 8 cents per mark as demand remained muted.

New York Paris Antwerp Tfri Agrsterdam Gidr Gano Iar OMV Ertristiania Switzerland Fri Spain Nestta Berlin

Headline misread profits blamed for builders’ woes

Telegram headline misled readers by suggesting a 25.3 cent profit for building jobbers from every dollar spent on a home. In fact 29.3 cents covers the entire material cost, not profit, prompting Bridgeport builders to question the headline and its fairness.

Bridgeport

Customs receipts show large gains at New York port

New York July 1 customs receipts and duties for the fiscal year ended June 49 totaled 322,854,427, rising 92,047,616 from the prior year. The record rise is attributed by Phillip Elling, collector, to the tariff law enacted September 21, 1921.

New York Phillip Elling

Van Camp Indiana Hardware Man Dies in New York

Samuel Van Camp, vice president of the Van Camp Hardware & Tron Co of Indianapolis, died in New York today. He was son of Jertlandt Van Camp, figures in hardware and packing industries, and long paralyzed. He traveled to Paris in May for treatment and recently sailed on the Aquitania when the vessel docked last Sunday.

New York Samuel van Camp van Vamp Hardware & Tron Co Indianapolis van Camp Jertlandt van Camp Inils+vies van Camp Docking Company Paris

Germans begin delivery of planes to Soviet Berne

Allied dispatch reports German aircraft, colored by the German Wehrmacht, were delivered to Moscow via Friedrichshafen, with speeds claimed near 400 miles per hour and a substantial bomber and fighter mix. The note cites the Soviet government and mentions the action as part of wartime aid and logistics.

Soviet

Rection Brothers Declared Bankrupt in Readalley Case

Rabkrunter Reserve John Roegh yesterday announced Rection Brothers as bankrupts on petition at Mi ner Readalley Smith-Com mock Ini Pate & Dorevan Hie Swift & Co tHeney Bresky & Sons and Ralph Cavalera & Brothers. Liabilities about 200 and assets valued at 1 500. Debtors must file schedules of debts and assets.

Rabkrunter John Roegh Olin Miner Readalley Smith-Commock Ini Pate & Dorevan Hie, Swift & Co tHeney Bresky & Sons Ralph Cavalera & Brothers

Effective Bond Buying Support Lax Rail Weakens Markets

New York July 5 bond prices show little support from buyers with overall weakness in railroad issues led by New Haven losses of about 19 4 1 4 points on active liens. Foreign bonds fell though U S government issues opened firm then eased. Trade was heavy with notable declines for Minneapolis & St Louis Refundings 4s and Seaboard Line adjustments. some gains for Atchison adjustments.

New York New Haven Minneapolis & St. Louis Mexico Union Pacific Bt Paul Atchison Adjustment Ois Wickwire Spencer Steel T Steel & Tubs Moni Poyacco

Grain Chicago Market Summary in Midday Trading

Chicago grain and provisions prices moved unevenly as December corn and all wheat finished with gains and losses. July and September wheat posted about a one dollar per bushel decline, while December near one dollar higher. Provisions rose modestly with some midday volatility and holiday selling pressure easing into the close.

Chicago

GURB MARKET x NEW YORK Bearish curb market on midsummer session

Gulf Coast price cuts sparked a bear turn in today s curb market with several shares hitting new yearly lows. Major oils slid. Standard Oil of Indiana touched a new low then rose, while Imperial of Canada and Salt Creek peers dropped. Industrials showed weakness led by Gillette Safety Razor, and Durant Reo and Cleveland motors eased slightly as mining names fluctuated with limited loss.

New York Gulf Coast Standard Oil Infiranha Standard Oils of Kansas Kentucky Salt Creek Impérial of Canada Galena Signal Gillette Safety Razor Durant Reo Cleveland Motors Sams Ui

Metal market news wrapup from July report

Tin steady at 7.75 spot and nearby futures 37.50. Lead and zinc quiet with unchanged prices. Copper spot and futures activity noted from St. Louis market on July 25. Antimony priced at 0.85 per unit.

Tor Nuiet St. Louis

Money New Tort Asks Rates From July Market

July 5 report shows money market activity with the only money firm at high 4 and low 41 87, ruling rate 41 2. Closing bid 6 offered at AM AL 4 last, call loans leaning toward 4.

New Haven Railroad Stock Case Upholds Ruling

Boston July. Juden Pierce of the Supreme Court affirm the demurrer by New York New Haven Hartford railroad in a bill by Edmund D P Codman to bar the company from controlling about 26.9 percent of Boston and Maine stock. Codman owned 69 shares individually and as trustee.

Boston Juden Pierce Supreme Court New York, New Haven & Hartford Railroad Company Hdmund DP. Codman Boston & Miling Railroad Company Tasteen Railroad Holding Company New York New Haver Road Massachusetts Codman Boston & Mains

Numerous Small Foreclosures Reported in June

Town Clerk records show many small foreclosures in June with real estate parcels often held by ers at high interest rates. Receipts at the Town Clerk office totaled 1 476 73 dollars, up from 1 165 65 the previous year, while fire deed registrations rose to 1 410 from 998. In New York, the American Smelting and Refining Co cut lead price from 6 65 to 8 1/2 cents per pound.

Byers Winton New York Associated American Smelting & Refine Company

Investment Suggestions for Sale of Securities

We have for sale at the present time the following securities. Prices and other details will be given on application.

Also Mentioned on This Page

Howland Dry Goods Co Fairfield Ave F. N. Benham Broad St Aim Bay Ie Steel Fay Path Steel ON & SP Hong Um&s Stg Riage Tom Tia Davie Chein Yoo Dupo East Kadek Elec Stor Ab Erle An Erle Freeport Iy North Pi Guit Steelat Kars Kelly Sp Tire Kenneest Tan Lima Loro Mask Truc Marine Sarland Max Jaen Moon North Amer Pierce Ar . Bae Fullman Ag Sears Roe Shell Tn Skeily Studebaker Tex Gulf Sur C&o Tide Oil Union Pac U S S Steel US Steel P Oh Wweet Md Cae West Pac West Penn Willye O'land Federal Reserve Bank Ewell Onda Equitable Industrial Loan Society, Inc Fairfield Ruhr General Electric U. S Pwenty P. C Feather Wotton Tuy Spar Nor Tom V. Y Indiana Berne Verkaat Weiedrichshafen Jake Constance Rhines Jf Mites Fey of Reccion Brothers Gurb Market Metal Market Benera Otto Edelman American Chain Company American District Telegraph Co N. J American Fabrics Company Ridgeport Brass Company Bridgeport, Gas Light Company Bridgeport Hydrantic Company Connecticut Light & Power Co Conn. Railway & Lighting Co Conn Telephone & Electric Co Derby Gas and Electric Company Electric Bond & Share Company Massachusetts Gas Companies Commer McCrory Stores Corporation Niagara Falls Power Company Norwalk Tire & Rubber Co Salt’s Textile Mfg. Company Stratford Land & Improvement Co Penn. Power & Light Company West Penn. Power Company Ansonia Salt’s Textile Mtg. Co Saskatchewan Standard Oil Co Cal Saw Oil Company Conn. Light & Power Co Hincks Bros. & CO Bridgeport, Conn Barnum Beneficial Loan Society Liberty Building Bridgeport Savings Bank “Old Faithful S. W. Corner Main and State Streets Bonds Bank Stocks Connecticut Securities Investment Service E. B. Merritt & Co
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