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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Jul 17, 1923
Page
14
A committee of credit men states there is no present cause for industrial alarm. Production and prices show strain but are managed through cautious buying and adaptation. Despite doubts, they affirm the economy’s fundamentals are sound and expect gradual recovery without inflation.
The document lists offices and connections in Musoury Rochester Scranton Springfield Syracuse Lebanon Trenton Wilmington with a New York Office linked by private wire to key investment institutions in Atanis Ang Cinemaa Cleveland Columbus. Facilities are at Hemphill Noyes & Co and members of the New York Stock Exchange.
Notice outlines sale terms for parcels including residence or mortgage requirements, tax details, and government issuance. It notes surveys, plats, and maps available for inspection and directs interested parties to contact the issuing authority for further information.
The Beardne Building Commissioners approved building permits totaling 12,550 dollars in a brief meeting yesterday. Listed projects include alterations, frame garages, a dwelling addition, a fireproof private garage, and finishing a cellar at several city addresses such as Avon Avenue, Broad Street, Fox Street, and Norman Street, among others.
Fragmentary OCR text shows scattered metal market terms and prices, mentioning items like tin and copper with dubious values. The readable content is insufficient for a concrete event or entities.
A damaged freight wreckage near the tracks was burned to clear the line after a collision with a locomotive and crew reported a quick move. Fire teams controlled the blaze, and no serious injuries were noted as service resumed shortly after.
A fire trial in Delaware centers on whether Haber patents are of value at the time of sale. Government chemist Charles L. Bare testifies about seized raw materials and the Haber process. Assistant General Anderson discusses testimony ahead of congressional hearings on the matter.
Property trades and quit claim deeds listed involve numerous names and streets in Bridgeport. Firms like The Bridgeport Realty Corporation and The GA Ztegardi Tile Company appear alongside individuals such as Charles, Josephine, and Michael Kovete in transfers on Federal Street, Standard Avenue, and Beach Street.
A garbled dispatch from a late edition recounts a tense buildup to a major confrontation. Disjointed references mention Leonard, Gulter, Porc, and Kenny, with scattered notes on debates, wagers, and strategic maneuvers in a forested setting and a city scene.
The market opened lower as nonprofessional traders pressed short selling during a memorial address. Losses narrowed later with selective gains in DuPont American Waterworks and other industrials while steels and sugars edged higher. Call money opened at 5 percent, slipping toward 1 1/2 percent as time deposits held steady.
An amended law sets official per bushel weights for many commodities including apples pears corn beans peppers and onions. Violations by sellers or agents selling underweight goods incur fines imprisonment or both per the general statutes.
Washington officials from the Department of Agriculture assess farm gate wheat prices to gauge average costs for farmers. The report notes July 2022 prices show slight declines, with supply factors and foreign competition shaping projections for U.S. wheat prices and farmer returns.
The market opened lower with wheat futures dropping as concerns over export demand and domestic sales weighed on prices. September and December contracts showed declines while corn, oats, and rye held near yesterday's levels amid weak provisions and steady demand at the seaboard.
An incomplete obituary item from Cincinnati records notes the death of a man connected to Provter and Gamlie and a trust opinion from ATS. The fragment mentions the deceased's role as a trustee and ties to College, Los Angeles, and a college endowment fund.
New York curb market opened irregularly as short selling pushed prices lower though later trades rose slightly. High priced stocks fell sharply with Pr. Oil & Gaz and Standard Oil of Nebraska down sharply. Gillette Safety Razor fell while Glen Aldencox edged up slightly. Reading Company subscription rights advanced then retreated before closing. Mining stocks moved irregularly in a narrow range.
The foreign exchange market was lower in July with uncertainty affecting European currencies. Holland sterling fell 1 18 cents to 4.89 dollars, French francs dropped 3 and a few German marks weakened. Other European currencies including the krona, yen, and Swiss franc showed mixed weakness while Berlin and Copenhagen rates were cited without clear figures.
Money market in New York shows higher bid ranges with closing figures. Officials announce seven hundred tons of coal seized in Roxbury and condemned as unburnable, ordered dumped in Boston harbor to offset shortages. coal dumps planned in Holyoke, Quincy, and Haverhill under health department orders.
Federal Judges Hough Knox and Giddard denied an application seeking to delay or set aside tentative valuations by the Interstate Commerce Commission for railroad valuations. They dismissed the petition without cause, ruling the request premature in a valuation suit.
Sugar liens up card de paid goppers decline as New York July 16. Seeds Investment bonds continue in dull bond market with speculated issues unimportant. US government bonds move slightly except Tax Exempt 71-25 up 1-2 point. Foreign bonds vary in narrow limit. Railroad mortgages quiet. New York Westchester & Boston up 4 1-2 and Prisco Adjustment 6a up 1-8. Virginia Carolina warrants and Alegre Lugerts rise 1 1-2. International Mercantile Marine 6s up 2 1-8. Cerro De Pasey Copper and Armour 4 1-2s up 1/2. Tet-sales par value $5,379.00.
The dairy page notes firm cheese and butter prices with varied grades. Creamery products show higher sealing and firsts trading around 26 to 41 cents per pound, while butter markets rise modestly with creamery ext to 41. Milk prices for fancy and young Americas remain around mid range, with skim and lower grades easing slightly as market activity quiets.
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