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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Jul 21, 1921
Page
10
The market shows irregular stock prices with oils dominating. Bond activity from Liberty and rail sectors indicates improved demand amidst weak foreign exchange and ongoing cuts in steel prices. Investors wait for further discount-rate guidance as markets reflect mixed international demand and revised producer expectations.
The notice records numerous realty deeds including Margaret Heddy to Mary Cecelia Healy, Bertha Hurlock to Frank and Amy Ly Slosaon, Wayne Wolfman to Andrew, Fannie Freeman to Margaret Fuhrer, Jacob Whiz to John Simpson and Pauline Stimpson, and others. Mortgage and lien notes appear with amounts and street locations such as Boston terrace, Spruce street, La te street, Putnam street, and Hurd avenue, with parties including Bridger Trust and Warmers Savings.
In York on July 20 the coffee market eased as early selling appeared muted and prices declined. Brazil weather and news weighed on sentiment with Brazilian futures showing modest gains and losses, while Sao Paulo temperatures tracked cooler conditions.
Curb market in New York on July 20 shows call money firm at 6 percent with a high of 6 and closing bid offered at 6. The ruling rate stands at 6 as banks continue acceptance run.
A distorted New York stock summary notes cautious trading as a government report due August 1 influences sentiment. Analysts see limited appetite from buyers, with weak cable and textile sectors weighing on prices while farmers eye cotton trends.
A 1921 financial roundup reports grain exports steady for corn and wheat, with U.S. exports and money values fluctuating. Steel, cement, and steel ingot production fade, while bank clearings rise sharply, indicating overall business volume is expanding from prewar levels. Observers note caution amid labor troubles and uncertain crop prospects, with exports sustaining momentum but prices easing slightly.
Bridgeport joins a new Wholesalers Credit Exchange initiated at the Chamber of Commerce meeting. Secretary ward El Price outlined plans to invite James Tern of the National Credit Men's Association to educate local wholesalers. The committee, led by John Herkowitz, aims to aid smaller retailers and curb bank closures amid the current economic downturn.
The plan provides for a board of review to handle cases where small business men face bankruptcy and to consider any debtor’s condition before attachments. When bankruptcy is threatened, the case is first presented to the board for thorough review prior to any enforcement actions.
Market brief on dairy items with Creamery firsts and extras, listing prices for creams, cheese, and milks. Mentions Wisconsin and Amier products, noting stronger market and various quality grades, with multiple price figures and descriptions.
Jat directors of the State's Railway decided to accept the line of Western constract Company for electrification between Santiago and Valparaiso. The bid, however, will be subject to modification in the terms of payment for the work demanded.
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