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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Jun 02, 1922

Page

15

Speculative stocks lead gains as markets react to tight money

In a volatile session the Bridgeport market saw brisk demand for speculative issues and weak standard stocks. Sales reached 1.23 million shares as readings on rail and oil groups fluctuated after recent Supreme Court decisions. Moratorium fears and tighter money limited long-term finance, while industrials and autos showed improving activity and several firms posted gains.

Supreme Court Reading Southern Pacifc-Central Pacific

Typewriter sales reach 60 percent of normal output

The article reports a broad rise in typewriter production and export sales across major firms. Underwood and Remington portable lines grow while overall capacity remains constrained. Remington and Underwood lead large machines. Noiseless shows strong portable demand. Western Union order boosts Noiseless.

Escort Underwood Remington Remington Typewriter Co Underwood Type Writer Co Ste LL C. Smith Co Boyel Typewriter Noisiess Typewriter Co Middletows Coi Western Union Telegraph Co

Realty Records Warrenty Deeds and Misc Transfers

Realty records list warrenty deeds and claim deeds including Louisa Walter to Kaximiers Jasin lewies 100 feet and Henry B Seeley to Mary Love 50 feet Cityview avenue along with numerous transfers on Pershing Terry and Wayne Streets. Mortgage notices show Berkshire Realty company to William Nichols and Minnie Hunt 4340 dollars for Brooklawn Plot.

Warrenty Louisa Walter Kaximiers Jasin Terry Place Barney Rubinstein Selle Rubinstein Wordin Avenue Brawster Street Highland Avenue Waldorf Avenue Abraham I Lever Harry H. Charles Pershing Avenue Walls, Nighols Minnie L WNW Hunt , Berkshire Realty Company Realty Brooklawn Hyman Sernstein Joseph Kleist Wayne Street Bridgsport Morris Plan Company James H. Havens Poplar Street E Berkshire Realty Company William J. Nichols Minste L. Xhuntrestry Catherine Kiernan Imella Bricks

Local Produce Prices and Supply Report June 1 1922 Bridgeport

Supplies of rhubarb spinach radishes and scallions continued with liberal demand. Asparagus lettuce and native beets less abundant while strawberries arrive more freely and New Jersey berries are fair. Prices cover fruits vegetables poultry dairy livestock hay and grain with frost effects noted and market grimness in native egg grades.

Bridgeport State Board of Agriculture New Jersey Texas Maine New Southern

Foreign exchange market moves after German moratorium grant

New York June chart shows London remittances hitting three year highs as demand sterling rises to 24.45 4 with cables near 4.44 and sixty day bills at 4.42. German mark strength lifts to 100 for 38 cents while 60 day and 90 day quotes shift. Dealers link buoyant British rate to expectation of German loan and broader European credit reestablishment.

Columbia Germany Cali Joang New York London Parke Ns Ee LG Ps0 Antwerp (Ff) ——---———— 8.4 | 40.20 Amecerdem (Gidr) Eee S10 New York Genoa Vienna Crown ASK Stockholm Reg Lott Lake Christiania

Bankruptcy plea filed against steamship company

In New York an involuntary bankruptcy petition was filed in federal court today against the Caribbean Steamship Company which operates between New York the West Indies and South America. Three creditors allege the marbles were $718,000 with L B Smith named custodian of the property by Judge Mack under a $10,000 bond.

New York Caribbean Steamship Company West Indies South America L. B Smith Mack

Metal Market News From June Four Market Summary

Copper prices firmed with electrolytic spot and futures, while tin stayed firm with spot and 4.875 futures. Iron and zinc remained steady on spot readings, with East St. Louis delivery noted. Antimony showed spot activity around 350, reflecting market chatter.

East St. Louis

Net operating gains reported by NE roads

April operating income rose for Boston and Maine, Maine Central, and Bangor & Aroostook railways despite coal strikes. April net incomes: B and M 442,555. Maine Central 311,692. Bangor & Aroostook 315,059, with gains over last year. First four months show continued improvement. ISC filings list April and year-to-date figures.

Boston and Maine Maine Central Bangor & Aroos Tools Boston & Maine Maine Centra Bangor & Aroostook Gaarnings Boston & Maing Interstate Commerce Commission Op Inc Maing Central Op. Inc Bangor

Wheat market gains on export demand amid dust talk

Chicago wheat advanced amid expectations of stronger export and milling demand. Black dust reported in north Texas fields as bids closed unsettled, with July at 1.19 and September near 2.17. Corn and oats fell on heavy selling while hog values eased and provisions softened.

Chicago North Texasields Gosain Buffato

New York Reserve Bank May 31 Financial Statement

New York June 1. The statement of condition at close of business May 31 shows total gold reserves 1 189 million and total reserves 1 172 million. Bills discounted secured by government war obligations 44.05 million. total bills 18.40 million. Open market purchases 344.05 million. Total bills on hand 87.20 million. Total earning assets 270.99 million. Uncollected items 97.50 million. Due to members reserve account 720.34 million. Total deposits 746.90 million. Federal Reserve notes in actual circulation 25.25 million. Reserve ratio to deposits and Federal Reserve notes combined 5 percent.

New York Federal Reserve Billy F. R

New York Butter Market Movements Report

PROCEEDINGS from New York dairy markets show creamery outputs steady with firsts and extras trading at varied rates. Markets for cheese and milk products appear quieter, with mixed pricing on fresh extras and nearby white and brown dairy goods. figures incomplete due to OCR fragment.

New York Jeune Pas Creamery Etata

Smoke Type from Airplane Advertising Hits London Sky

London observers witnessed a dramatic advertising stunt as the Daily Mail appeared in smoke letters seven hundred yards long across the sky above the city. An invisible airplane two miles high created the effect, with a sabpike and jet system forming the message as Captain Turar piloted the craft.

London Daily Mail Epsom Derby Lora Northcliffe Turar

US tax study: three quarters of income from nonwage sources

About 30 percent of American income comes from wages and salaries, while 24 percent stems from business profits and 22 percent from dividends. Royalties and partnerships add small shares, and more than three-quarters of filers derive income from sources other than wages. The report notes many women file as heads of households and claim dependents exemptions.

Washington United States Neoms Revmde Bureau Gainess Tell Dishnetdems JR General Sfleg Ana Stocka Bonda Maole

Cotton Exchange Expels 3 Members on Fraud Charges

New York officials suspend Arthur H. Lamborn Joan F Clark and Jacob Marks for six months amid bucketing allegations tied to the American Cotton Exchange. The trio, tied to Lamborn & Co and Foun F Clark & Co, faced charges along with others, while one broker’s charges were dropped. The secretary announced the action at the exchange.

New York New York Cotton Exchange American Cotton Exchange Arthur H. Lamborn Joan F. Clark Jacob | Marks Lamborn Messrs. Larntorn Clark Marks Exchange Empley

Curb Market Sees Broad Advances Led by Key Issues

Substantial advances occurred across the curb market with heavy buying by commissions houses and floor traders covering shorts. Mexican Seaboard, Standard Oil subsidiaries, Anglo American Oil, International Petroleum, Skelly Oil, and Atlantic Coast holdings posted firm or sharp gains while Mutual, Creole Syndicate, and Tobacco Products surged. mining shares showed renewed activity and several issues rose strongly amid a broad upturn. Bonds remained steady as Freshport Tax gains drew attention due to irregular movement across a wide range.

Ur Exchange Ig‘wey Mexican Seaboard Standard Oi Anglo- American International Petroleum Skelly Oi Atlantic Mutual Wale Carrie Great Northern Pew Danielss Independence Lead Rex Consolidated Rey Mercules Boston and Moentata Fuir Magna Copper Fresport

Bond Market Sees Mixed Reaction Amid Uncertain Trend

Trading in bonds today was broad but scant in volume with little price movement. Low grade rails weakened. Liberty bonds fell from intraday highs as profit taking and Kanva legislation concerns weighed. International loans edged up fractions while British offerings showed no response. Domestic rails and utilities were volatile. total bonds sold valued at 14.739 million dollars. Mortgage land issues included Tennessee Electric Power, Cineinandl Gas and Electric, and Sutter Basin Company notes.

ME York London Tenneseen Electrig Power Company Cineinandl Gas and ‘Eiectrin Company Sutter “Basin Company Californis

Money News From New York Settlement June 1

Money figures mixed as New York markets close. The call loans and acceptance rate show modest shifts while rates for other instruments move slightly. Strong demand supports gains for some financial instruments amid uncertain lending conditions.

Liberty Bond Market Notes From a Fragmented Ledger

A garbled financial snippet shows Liberty Bonds with varied bid and ask figures and multiple classifications like Lib Ss Lib 2G and Lib 3d dis. It includes irregular decimals and stray codes such as 100.04 100.00 100.00 and 09.96 99.90, indicating a damaged historical market record.

Tuan SH Viery

Commodity prices for staples in New York report

The June 1 market update lists daily prices for staple commodities in New York with year-earlier comparisons. Items include flour, beef, lard, sugar, coffee, cotton goods, and print cloths, noting unit prices and brief condition descriptors despite OCR gaps.

New York

Also Mentioned on This Page

Bridgeport Telegram General Electric Amoing- Industrials Oita Standard OM Pan- American Petroleums Practicers Redners Houston Sinclair Standard Oil California Baldwin Locomotive General Electric American Car International Harvester Studs Baker Vales Dar Laatooo Adama Abe Bae Ajax le France Ara & le Ar & L Pf Tal & S T & Wenn Fifa Atl & En Ron Rae Kan & Gulf Roe Pf Roe Joe Kelly Lima Wil Lima le Arm Norf & We Norf & So Homps North Pac Otis Si Pacific Sinclar SBS OM Asate Studebeker Tex FC & O Inier St. Fe Rome West Ma Pac Ei & Fi Bsn Wilson & CW Willys OF Bt Pf. Ag Steamship CO Metal Market NEW York Reserve Bank U.S Cotton Exchange State Esa Basti City Hall Sasse Oakland Street Stratford Warteord Magara Fales Power CO Electric Bond & Share CO Hincks Bros.&co Main St Conn William R. Bull Bridgeport, Connecticut First National Bank Honda Tn Dane Beneficial Loan Society Second Moor Liberty Building State Bank Equitable Industrial Loan Society, Inc Fairfield Ave Post and Telegram
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