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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Jun 01, 1927
Page
19
Liberty bonds quotes show varied results with First and Second 4 1 43 and 45, Third 4 1 ds, Fourth 4 14s and additional issue readings around 100.31 103.7 100.14. Regional traders note activity and price shifts as bonds respond to market movements.
Associated Press markets summary lists dairy items with butter creamery stocks and packing stock, eggs and storage packed whites and henneries with varied prices, and green mountain potatoes and Virginia cabbages with regional pricing data. Includes Maine and South Carolina price ranges for barrels and bushels.
Rubber futures closed barely steady with July at 406.90, September 41.40, October 41.80 as market shows muted moves. In Connecticut, probate matters proceed as Stratford records probate filings and formal notices in an ongoing estate case, with hearings set and next of kin notified.
Article discusses the value of college education and the financial planning needed for a child's college fund. It cites studies on career advancement for college graduates, urges parents to fund education via savings or especially education insurance, and notes policy features that protect funds if a parent dies. The piece cites New York data on bank exchanges and Federal Reserve balances.
Washington May 1 The Federal Reserve Board announced that loans to brokers and dealers held by New York federal reserve member banks on May 25 totaled 82.96465 billion, up from 2.080863 billion the preceding week as part of weekly banking data.
New York trading on May 831 reports bullish curb market activity with many specialty and industrial shares driving demand. Celanese of America led gains with new highs, while Bragg and Mother Lode Coalition issues showed dividend actions. Utilities, sugar stocks, and manufacturers posted broad advances, though Western Maryland and Yellow Text of New York weakened.
The St Louis San Francisco line says floods wiped April earnings but full recovery is expected with similar rainfall. Directors to act on dividends tomorrow amid traffic resilience. Gabriel Snubber Manufacturing received an order from Turin Italy for 19 000 mantles. Barings reports 64 railroads with April net income 9 540 000 versus 69 674 000 a year ago, down 14 5 percent.
The Western Pacific reports an April deficit of 388 434 with a 35 022 surplus for April last year and a four month deficit of 348 841 versus a 237 872 surplus in 1926. St Regis Paper directors authorize stock warrants to common holders May 31 at 46 2 per share seven for ten. Delaware and Hudson April net operating income declined to 401 055 from 1 040 846 last year. Public Utilities Consolidation Corp formed to run utilities where W B Foshay holds controlling interest. Eureka Vacuum Cleaner first quarter sales rise 10.8 percent, net profits up 12.1 percent per director John F Russell Jr. International Mercantile Marine shows 1926 surplus 3 557 276 after 5 000 000 depreciation, versus 1925 deficit. GE announces 25 percent price cuts on transformers, sixth since 1920.
Wheat rose early on bulges from Winnipeg and Liverpool but couldn't hold gains as profit taking pulled prices back. Corn and oats weakened with better weather. wheat closed unsettled and lower in May deliveries while corn and oats fell and provisions declined.
The New York market reported steady foreign exchange quotations in cents with Britain at 485 7-16 demand and 485 13-16 cables, France 3.91 6-8, Italy 5.49 1-3 demand and 5.50 cables, and multiple other currencies including Belgium Germany Norway Sweden Denmark Switzerland Spain Greece Poland Czechoslovakia Jugoslavia Austria Roumania Argentina Brazil Japan and Shanghai values listed. Montreal noted at 100.04 7-8.
Copper steady at 22.62 1 2, electrolytic. Tin spot and nearby 67.00, July 65.00. Iron steady. Lead at 6.40 spot. Zinc steady at East St. Louis futures 6.05 to 6.10. Antimony 12.78 to 13.00, Quicksilver 12.20.
In Cotown New York on May 31 the market closed firmer with cotton futures up 34 to 88 points across the near and deferred contracts. July 16.28 to 16.84, October 17.18 to 17.20, December 17.43 to 17.45, January 17.50, March 17.69 to 17.70. Spot steady with middling at 17.00.
New York May 33 The Latio and Dundee boxing camp posted $500 forfeit money to Humpert Fugazy promoter for the 15 round championship bout at the Polo Grounds set for June 3. Pete Lizzo and Joe Dundee arranged the guarantee that each fighter would make the 147 pound limit.
In Paris coverage of the European tennis scene, Henri Cochet defeats Otto Froitzheim in four sets to reach the semi finals where he faces Tilden. Froitzheim, 44, lauds Cochet as a rising talent as Senorina De Alvarez exits. American men Tilden and Hunter win a hard fought match against French juniors Pierre Landry and Charles Boussus, with Boussus showing strong potential at 17.
Racing card covers six races for two to four year olds at Belmont Park with purses from 1 000 to 91 000. Notable finishes include Henrietta Wildatr ridden by P Goodwin in race one, Gold Coin with G Fields in race two, Clear Sky with F E Barnes in race three, What'll I Do with E Ambrose in race four, Twitter with L Fator in race five, and Wampee with Goodwin in race six. Time figures range from about 1 13 to 1 39 for the routes, with several also ran lists and payoffs indicated.
In London May 31 Associated Press reports Derby Day expectations. Call Boy and Sickle are favorites with Call Boy slightly ahead. 25 starters include one filly Stampede. Money Mmaker scratched with shoulder trouble. prize purse around 855000 pounds. turnout expected over 500000. Lindbergh’s visit noted as Britain’s interest peaks.
Joe Pascucci former city champion carried off the low gross honors in the annual band handicap tournament at Beardsley Park Memorial Day. Thomas Murphy won low net with 49 and Oscar Nelson second. St Louis Alby third. Charles Johnson A Lowe and E Van Doren tied for fourth with 56.
Reading of the International League snapped a 31-game skid by edging Baltimore 9 to 8 in the second of two games at Reading, Pa. The comeback ended a world record sequence of losses for the club.
Gardone Italy May a1 IAP Gabriele D Annunzio Italian poet soldier and aviator today established what is claimed to be a worlds speed record for motorboats reaching 127 kilometers 7891 miles an hour He used a specially designed boat equipped with a double Isetta motor.
Shamrock baseball players are asked to report to George Wright tomorrow for a reorganization meeting. Racing cards at Churchill Downs list seven races with results including times and placings such as Turtong and William T in early events, and notable entries like Musician and Comrade in later sprints.
A batch of property deeds records transfers between individuals and firms. Names include Harold L Waterbury, Edward N Ciesner, James E Beach, Axel Lindquist, Joseph N Johnson, Harry H Ford, Arthur C Cryson, Stephen Meaney, Farmers and Mechanics Savings Bank, Jacob Levy, Sarah Scott, Fylaigi Veronicn, Isidore Rosainoff, and others. Properties span Main Street Chute Street Garden Street Cedar Street Summit Roosevelt Hanover Lindley and other locations with values noted for several parcels. The entries show trustee arrangements by Title Guaranty and Trust Company and several deeds to and from residents and local institutions.
New York May 31 Associated Press George Harper Giants right fielder won a court order attaching receipts of the Philadelphia club for 1250.75 dollars. He alleges the club owes him for medical services they directed him to get last year while with the Phillies.
Philadelphia manager Connie Mack protested the second game of yesterday's double header, claiming umpires altered a call in the fourth inning after New York catcher Grabowski dived down the dugout stairs. Two runners were awarded two bases, costing Philadelphia a chance to win 6 to 6 in nine innings. New York won 6 to 5 in 11 innings.
Chicago, May 31. Musby Callahan retained the junior welterweight championship by decision after ten rounds over challenger Boug Myers. Myers opened with cleaner, more effective punches despite a badly cut left eye that bled throughout. The decision drew boos from the crowd.
May 31 Belmont race feature sees What'll I Do defeat J E Widener's Fairness in the fourth with Ambrose up a distant third as McAuliffe guides Recreation to 15 to 1. Churchill Downs hosts the $1,500 Strand Purse won by Comrade with Parco and Mally Jane second and third. In the Inferno Handicap Cloth Hall with Fisher up wins Canadian track event by a mile in 1 41 4 4, Thorn dyke close behind.
Thoroughbred racing cards from Thorncliffe show multiple races for two and three year olds plus up to seven furlongs, with winners and payouts listed for each event. Notable entries include Inquisitor, Black Friar, Rope's End, Dorchester, and Royal Pearl among others, and a brief note on H Jolly heading to Worcester for British American matches.
The U S Supreme Court upheld Coast Guard power to seize rum running vessels beyond the 12 mile limit and allowed evidence from seizures to be used in court. The ruling contrasted with a separate case over a Gloucester motor boat seizure, raising questions about jurisdiction and navigation-law bases for asset forfeiture in prohibition era enforcement.
In Chicago near Lake Michigan the 1832 mission history was recalled as Rev James W Brougher of California preached to about 20000 northern Baptist delegates. He urged applying Jesus Christ principles to daily life and economics saying no method has replaced the golden rule.
Elmer A. Stevens of Hackensack New Jersey named Yale lacrosse captain for the coming season after two years with the team. The text notes Stevens was a junior and references other school matchups and scattered remarks from the era including a brief line about life’s urgent requisites and a livery woman’s belief in love.
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