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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 21 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Jul 14, 1922

Page

16

Liberty Bonds Near Year's Highs In New York Market

Liberty bonds emerged as the day’s leading feature in the New York bond market, advancing toward the year’s peak as foreign issues showed mild gains. Rail stocks rose, with Pennsylvanian General 4%4s and other major issues like Northern Pacific 4s and Missouri Kansas Texas 5s posting fractional gains. New Haven issues weakened while Seaboard 6s and St Paul refunding 4s moved higher, and a strong showing for industrials including U S Steel. Total bond turnover reached $14,000,000. The notable new issue was the Philippine Government 52 27b,060 436 per cent bond.

New York Pennsylvania New York Ontario & Waster Illinois Central Northern Pacific Missouri, Kansas & Texas Rock Island Atchison General New Haven Seaboard St. Paul

Morgenthau Plans Austrian Industry Organization

Paris May 18 Associated Press Henry Morgenthau former American Ambassador to Turkey announced plans to organize an international corporation to capitalize from 39 million to 60 million dollars. The aim is to reorganize Austria's industry and show the world that European states can be kept from bankruptcy.

Paris Associated Press Henry Morgenthach Turkey Wea Formar International Corporation Austria

Burma Autonomy Discussed in Commons by Earl Winteston

In London on July 18 the House of Commons considered Home Rule for Burma. Earl Winteston described a Burmese constitution with a Council of State and Legislative Assembly, broader than India. He noted no sex disqualification and a sizable electorate of 2,060,000, including 200,000 women, claiming taxation without representation would be opposed in Burma.

London Burma House of Commons Earl Winteston India Pyral

Polish Trade Agreements Expand Across Europe and Beyond

Warsaw reports ratification of the Franco Polish treaty and notes Poland has slowed trade pacts with Italy Czechoslovakia Romania Hungary Australia Manua el Spain Portugal and Jugoslavia while negotiating with England Japan Switzerland Sweden and Norway. Additional talks with Germany and Russia have begun though no US accord exists. In the United States rural areas show 1,800,000 more married people than cities.

Warsaw Poland Italy Czechoslovakia Rumania Hungary Australia Manuel Spain Portugal Jugoslavia England Japan Switzerland Sweden Norway Pour Partern Germany Russia United States Abel Ck A

Hartford Grocers Claim Insolvency Under Bankruptcy Laws

Hartford grocers Donato Marcnti and Frank De Ning filed a voluntary bankruptcy petition with the federal court clerk showing assets of 8388 87 and debts of 3135 87. Ford Motor pays 15 percent cash dividend on capitalization of 7 004 000 payable July 29 to stockholders of record July 16.

Wit Maven Donato Marcnti Frank de Ning Hartford the Clark United States Court Detroit Mich Associated Press Ford Motor

Connecticut Go Reports Gain In Gross Operating

Connecticut Company reports gross operating income of 45 980 from passenger traffic in Bridgeport. Week totals show mixed results vs prior periods with a small year to date decrease and a notable rise in beach traffic. Five cent fare remains extended to September per Public Utilities Commission data.

Connecticut The Connecticut Co Bridgeport Tan Cer Sun C. C. Elwell Bir. Elwell

Writs of attachment issued in Greene stock fraud case

Boston July 18 The only development today in the BL V Greene litigation an equity suit accusing conspiracy to defraud about 60 000 investors of 14 000 000. Four temporary injunctions against the HV Greene company Commercial Finance Corporation Mutual Finance Corporation and First Peoples Trust are sought. Greene a former soda clerk organized these concerns and the bill alleges sham certificates deprived thousands of investors of any recovery.

Boston BL V. Greene H. V. Greene Company Commercial Finance Corporation Mutual Finance Corporation First Peoples’ Trust Company HV. Greene Greene Aman

Bumper Potato and Apple Crop Forecast for 1922

The Federal Bureau of Agricultural Economics reports a record bumper crop this season. Apple production is estimated at 41,414,000 barrels, potatoes at 428,607,000 bushels. Leading states include Michigan 95,516,000 bushels and Minnesota 12,905,000 bushels, with New York and Maine also contributing sizable outputs.

United States Federal Bureau of Agricultural Economies Minnesota Michigan New York Maine

Stocks Irregular Despite Favorable Developments

New York July 18 The stock market showed irregular and unsettled trading with oils bearing the brunt of weakness as shorts gained. Mexican Petroleum fell eight points to 64 while Pan American and Seaboard also slipped one to three points. Consolidated Gas and Western Union stood out with gains. Money rates hovered around 8 and emergency rates at 3 1/4 percent.

Mexican Petroleum Western Union Mexican Petrolem

Wheat forecast boosts US farmer income this year

Washington reports the Agriculture Department foresees nearly one billion dollars flowing to American farmers from wheat sales as prices rise due to European crop failures. A projected harvest of about 937,010,900 bushels supports an anticipated price around 2.00 dollars per bushel, with higher costs likely through fall and winter.

Washington Department of Agricalture Europe Agriculture Department England Department of Commerce United States Canada Commerce Department

Market Dips as Oils Lead Broad Decline on New York CURB

Trading on the Cary Exchange shows a general softening with many active issues shifting to the Block Exchange overnight. Columbia Petroleum announces a 1 percent monthly dividend cut as Southern States Oil and others ease, while miscellaneous stocks slip late in the session amid broad selling. Mining and bond activity remains uneven with fractional price changes.

New York Trans Cary Exchange Standard Oils Southern States Oil Columbia. Petroleum Company Southern States Danie'l Motor Dubiler Radio United States Pyrant United

New York Reserve Bank July 12 Statement Totals

The Federal Reserve Bank of New York reports figures as of July 12 including total gold reserves at 1 109 054 905 and total reserves of 1 109 590 482.42. Government war obligations secured discounts amount to 358 500 275.40 with other items at 168 182 825.07. Bills on hand total 126 410.23. Total earnings reach 929 276 160.23 with uncollected items 149 071 518.40. Debits to members reserve accounts 771 450 118.21. Total deposits stand at 787 493 651.70. Notes in circulation 1 302 254 058.00. Overall reserves to deposits and Federal Reserve notes liabilities combined at 0.5 percent.

New York Federal Reserve Bank of New York Billy Heightly BF. PR

Foreign Exchange Saw York July 43

The market showed a firmer tone with the franc and Belgian franc easing after yesterday’s declines. Sterling held steady around 4 1/2, while the lira stayed weak. Dutch guilder and Swiss franc were firm, with notices of mixed moves in the Far East and US markets affecting sentiment.

York Wim Frances Ang Belgium Tran Terday Hollad Spain Ewiikerland Far East Germany Sweden Arwey Danmark Paver Holand Ear

Metal Market New York Copper Tin Lead Antimony Prices

In New York metal market brief copper and tin show steady prices with near term quotes around 31.00 for tin and 14 for copper. Lead remains firm with spot near 2.70 to 2.78, zinc steady around 6.76 in St Louis delivery, antimony quoted at 9.00 to 5.28.

New York Assy St Louis

Bisland Promises Early Ruling On Industrial Bank

Hartford hearing on City Industrial Bank's charter request proceeds with Bank Commissioner John K Bik Jang stating a decision in a few days. The bank, formed by former City Logo executives, seeks a Connecticut industrial charter to offer small, turnable loans with weekly installments. Morris Plan Co oppose, arguing they have sufficient resources to meet client needs.

John K. Bik Jang City Industrial Bank Hartford City Logo Corporation Connenticut Tks Young Smal Aums Ron Aast Loan Corporation Morrla /Phuy Co Morris Plan Co

Cotton New York Markets Mixed But Steady

Market notes show uneven cotton trading with closing bids around 3 1 4, offer around 3 and a half, while lending and loan rates remain cautious amid small gains and declines. Market tone reflects steadiness with limited price movement and scattered interest.

Treasury predicts rediscount rate cut soon

Washington officials at the Treasury expect a reduction in the rediscount rate of Federal Reserve banks. The current rate stands at four percent, with a likely move below 4 percent, possibly to about 2.5 percent, though officials caution that moving much lower could impact government bonds.

Treasury Washington Federal Reserve Treasury Department Great Britain

Realty Records Show Multiple Realty Transfers Across Streets

Real estate transfers include Margaret E Canfield to Carmillia Diamaro on Halen Street and Cornelia Bur to Henry Lary on Beechwood Avenue. Other deeds involve William Roleh to Marcos Hirsch on Clinton Avenue, Title Guaranty and Trust Co to Richard B Cogewall on Cleveland Avenue for 2900, plus several notices of rent and mortgages on Center Street Boston Avenue and Castavotte Street among others.

Margaret E. Canfield Carmillia Diamaro Halen Street Cornelia Bur Henry Lary Beechwood

Wheat market rises on strike news and heat

Chicago grain markets stayed active as strike developments and hot weather influenced prices. Wheat closed varied with gains in Sep and Dec futures while corn rose on strong demand, and provisions edged higher as trading continued through the day.

Pogard Gorn Ots

City Savings Bank Re Elects Officers at Annual Meeting

City Savings Bank corporators at their annual meeting yesterday re elected the full slate of officers and trustees. The new officers include President Benjamin Pletcher, Vice Presidents Sarfinet Wubbell and Edward W. Tenttan, Secretary-Treasurer Richard W. Cogameils, and trustees C B Buckingham, Benjamin Wieteher, Edward Button, Samuel Bubbe, George Baldwin, William Hincks, William H. Kelsey, Frank Jell, Henry M. Luscomb, Caarits Cog, and Richard W. Cogsweil.

City Savings Bank Benjamin, Pletcher Sarfinet WW Fubbell Anddward W. Tenttan Richard W. Cogameils Puckingham Benjamin Wieteher Edward W. Button Samuel W. Bubbe George M Baldwin William Hincks William

Laverty Suuane Second Floor Licensor Notice

On the second floor at Laverty suuaine UAB Main St Bridgenort Conn a licensor by Stile Bante Commis ROUGE notices a regulatory action.

Laverty Suuaine UAB Main St. Bridgenort Conn Alicensor Stile Bante Commis ROUGE

Also Mentioned on This Page

Liberty Bonds Morgenthau Hartford: Grocers Ford. CO Commission Dy 3 Tageelo A Ajax Rubi Ab Alea Co & D Brigit Mane Oh Sue von Woo Adig & Ie Balt & O Bieth &U Thkri&p Goa Erie Asor Goodrich Boer Hudson Mo Dino Bamaly Kan Gulf Ann Kel Ify Lacka Lehigh NPN North Amer Nord Devel Penns Pierce Pullman Agay South Pt x Sho Sian ON South Ry Daird Avene Bee Totu Alco Katy Ba U S Tuo Bhp Utna Ve. Va West Md Bot Bue Wien Co U. S Bank of England Britiah Metropolia NEW York Reserve Bank Metal Market Te . Low Les Bisland Mercia Eran Iran Manny Wweh Jagr Accentances Spot Undling Tov Ug Ug Clore Bae Wuawew Wa Dee Suny Wartinty Dees Marevy — Hirsch Ands Tule Weelay Charles JH. Kuitle Cazavotte Street Agrahany Ngerinnm Max Nth Tron and Steel J. A. Merson, Inc E. B. Merritt & CO Main St. Barnum Cuty Savings Bank Furnitur Neworrowers Loan Society Equitable Industrial “Loan, Society, Inc Fairfield Averegasco Humble Oil & Refining Co Humble Oil and Refining Co Oklahoma Arkansas Louisiana Uction Noard Company of Cinvestment Texas Tes Sta New Jersey New York Stock Exchange Hincks Bros. & CO Bridgeport, Cann Main Street National Mortgage Co First National Bank of Bridgeport OSS the National Mortgage Co First National Bank
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