Stocks Again Slump After Early Buoyancy
NEW YORK June 11 The stock market fell back after an initial buoyant start as buyers covered shorts and a British rate cut sparked selling in rails equipment and major issues. Declines of two to seven points were seen in Mexican Petroleum Studebaker Baldwin and internationals, with further losses in steels and oils. Volume reached about 1,385,000 shares as call money opened at 3 12 percent and time loans firmed.
MENTIONED IN THIS ARTICLE
New York
Eriderth
Bank of England
Washington
Treasury
Federal Reserve
Mexican Petroleum Studebaker
Baldwin
Atoels
Rallway Brotherhoods
Southern Pacific
Reading
New York Central
Mining Congress to Celebrate Silver Jubilee in Cleveland
The 25th annual American Mining Congress convention and exposition will be held in Cleveland Public Hall in October 191M. Agent E. Porter says about 5 590 delegates from across the United States and Canada will attend, with delegations from major mining districts. The expo emphasizes public exhibits, government displays from the Bureau of Mines the Geological Survey and Agriculture Department. California Colorado Utah Wyoming and Arizona plan exhibits, along with Mexico Cuba British Columbia and South America. Colorado showcases radium ore and radioactivity, Alaska features extensive mineral displays, and a display of mining models plus a dry cleaning process for bituminous coal will be highlighted.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
Jane
American Mining Congress
New Public
E. Porter
United
Canada
Broxlea
Alaska
Chicago
UG. 5 Bureau of Mines
Ihe U. & Geological Survey
Department of Agriculture
California
Colorado
Utah
Wyoming
Arizone
Mexico
Cuba
British Columbia
South America
Experts doubt Lusitania will be raised in lifetime
London experts and Sir Frederick Young question the feasibility and cost of raising the Lusitania after seven years submerged. They note the vessel would require impractical sums for a floating crane or air pumping methods, with divers unable to reach the necessary depths.
MENTIONED IN THIS ARTICLE
London
New York
Aalviga
Luisitania
Lusitania
Frederick Young
Admiralty
Sir Frederick
Aly Commercial Basin
de Lusitania
Lund Sterndorff Co to Conduct Livery
Tile C Lund JL M Lund and Jennes Sterndorff fled with Secretary of State ab Hartford. They filed incorporation papers for the Lund Sterndoetty Co Inc of Bridgeport. The new firm is authorized to issue 310,000 in capital stock divided into 106 shares of 100 each. It will commence with 1,200 in outstanding stock divided among the incorporators.
MENTIONED IN THIS ARTICLE
Tile C. Lund
JL M. Lund
Jennes Sterndorff
Ab Hartford
Lund-Sterndoetty Co. Inc
Bridgeport
Brawley Rehabilitation Plan Declared Successful
Brawley June 13 The Braythey plan for disabled ex service men via a school run program shows success a committee reports fifty seven men content and employed on ranches up to forty acres They receive government support and small loans nine instructors teach farming methods improvements include new equipment and a $100 yearly aid per trainee with monthly government allotments leading to debt freedom and plans for a $5000 home.
MENTIONED IN THIS ARTICLE
Brawley
Cat
Brawley High School
Braythey
Alz
Glen
Trero
New York Reserve Bank Statement of June 14
TheFederal Reserve Bank of New York reports June 14 figures with total gold reserves at 1 135 661 1, 46.10, and total reserves 1 165 324 929 20. Bills discounted secured by government obligations show 25 798 973 57 for members and 25 235 028 85 for others. Total deposits reach 765 129 978 84 with deposits in actual circulation 778 884 97 51 and a reserves ratio of 24 percent.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank of New York
Dogs of Business
Tor
AJL
New York Markets Report Show Mixed Creamery Goods
June market notes show firm butter and creamery extras, with mixed dairy prices and several odd spellings. Mentioned items include creamery products, whole milk and fancy grades, plus unsettled market tones and various regional references.
MENTIONED IN THIS ARTICLE
New York
Enesha Mackel
Scravira Shaler
Postal receipts soar in May across nations largest cities
Washington dispatch reports postal receipts for May reach 25 817 000 in 59 cities, highest since 1909, up about 20 percent from May 1921. Officials see improved business conditions, expanding mail handling, pneumatic tube renewals, and larger post office buildings planned to speed newspaper and printed matter shipments as prosperity grows.
MENTIONED IN THIS ARTICLE
Cipal
Washington
Hubert Work
Recelpta
Post Office Department
Curb Market Slides in Weak Turn New York Opens Low
June 15 curb market moves under pressure with prices steady at opening then turning lower. Losses span many stocks from oil and chemical issues to Standard Oil groups while Independent oils show mixed results. Major stories include International Carillon listing and Goldwyn Pictures surge on film rights, with bonds uneven and general market tone heavy.
MENTIONED IN THIS ARTICLE
New York
Gome
Waa General
Charactr
Standard OU
Indiana
Imperial OH
Tandard Ol
Kentucky
Krelko
San Minue
Mexico
Fiat
Met
Cotton New York Market Summary and Rates
Real gale noted with quiet weather and midland Cotton prices cited. Market rates show money easter and exchange figures, with call options and governing rates listed. The record includes figures for Bull Mares and loans against acceptance, reflecting trading activity in New York on June 14.
MENTIONED IN THIS ARTICLE
New York
Bull Mares
Brotherhood Engineers to Run Coal Mines in West Virginia and Kentucky
The Brotherhood of Locomotive Engineers plans a $2,400,000 investment to operate Coal River Collieries in Boone County West Virginia and Floyd County Kentucky near Prestonburg. The move aims to supply coal directly to miners and consumers, with auxiliary coal yards and direct-from-mine deliveries planned in Ohio and Michigan.
MENTIONED IN THIS ARTICLE
Brotherhood of Engineers
Feland
Cassociated Press
Brotherhood of Locomotive Engineers
Lo &Aistement
Albert F. Coyse
Brotherhood of Locomotive Engineers Journal
4Che Locomostivy
West V 2
Kentue
Mr. Coyle
Bectar
Pebaner
Brotherhood
United States
Boone County
West Virginm
Floyd_ county
Big Sandy Coal District
Prestonburg
Kentucky
Coal River
Largo
Ohio
Michiman
Nevo
Sar Delive Arieg
Ivet
Gul Onl Waheed
Obrain
Rinsewil
Metal market roundup steady copper and lead prices
New York June 15 copper steady at 143.4 ta, spot and futures at 81.37, tin steady with 3.14 spot and 5.00 futures, east St. Louis delivery 5.42. Antimony spot 3.37, other metals mixed with minor changes noted.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Nineteen Firms Incorporate With 764 900 Capital
Nineteen new firms were incorporated in Connecticut during the last week, with total authorized capital stock listed at 764 900 dollars. The week shows more firms than in recent years but a lower aggregate capital stock value than in 1921 and 1920, while totals compare with the four-year period.
MENTIONED IN THIS ARTICLE
Connacts
Sata
Hartford
Ig Wn
Gaz
Local Produce Prices and Supplies Reported by State Board
Bridgeport Telegram via Marketing Bureau notes strawberry receipts loom largest of season with varied quality and prices mostly 1.00 to 1.50 per crate. Pea shipments short. lettuce ample. spinach dipping. tomatoes at carload level. early Easterm Shore potatoes arriving, prices 7.00 to 8.75 per barrel. Live broilers arriving in quantity. asparagus and other greens listed with prices. eggs, dairy, beef and pork details. hay and grain prices per 100 pounds and tonnage ranges provided.
MENTIONED IN THIS ARTICLE
Bridgeport Telegram
Marketing Bureau
State Board of Agriculture
Wade
Kennery
Liberty issues rise on strong buying in erratic market
New York June 15 extensive buying lifted Liberty issues with seven at par or better and new highs for 1 2s at 10.20 and the 4s at 100.10. Foreign government loans 1s9 were mixed as rate cuts influenced demand. Mexican issues showed irregular trading with the regulars stronger early. Domestic rail issues and utilities remained firm with Peoria and Eastern, Chesapeake and Ohio 1-24s attracting attention. Total sales 14 at 59,000 for New Haven Loan. New Yugoslav issue found good demand, while several state and municipal loans proceed including City of New Haven 3.9 million for improvements.
MENTIONED IN THIS ARTICLE
New York
Potter
Bank of England
Althouggh Brixtad
Ohio
United States Steel 6S
American Telephone
Tottal
New Haven
Wiest
Grain market slips as wheat futures fall on heat and easing demand
Chicago markets show wheat down amid lower demand and heat relief in the southwest. Prices for futures slide from early gains as soybeans and oats also weaken. traders cite favorable weather and selling by producers as key factors.
MENTIONED IN THIS ARTICLE
Chicago
Sfune
Bestilas
Wilson & Co Declares Preferred Dividend in July
Wilson & Co declares a regular quarterly dividend of 184 percent on preferred stock payable July 1 to holders of record on May 28. Company reports five months of the year to May 31 showed profits sustaining a surplus after preferred dividends, per treasurer W. C. Beurthe.
MENTIONED IN THIS ARTICLE
Wher & UN
Wilaan & Company
WV. C. Beurthe
Schulte Stores Reports May Sales Gain
Schulte Corporation sales for May 1922 rose by 190,011 over May 1921, with total May sales at 1,790,618 versus 1,591,584 last year. The month beat March, marking a new yearly high as oil stores contributed to the gain.
MENTIONED IN THIS ARTICLE
Schulte Corporation
Ri Sa
Egpondins
Mao
Realty Deed Records Show Multiple Property Transfers
Real estate deeds list numerous transfers including Mary Story to Martin Kubik on 30 feet along Sundard Avenue and Oakwood Avenue, Beacon Street and Sea Bright Avenue, with prices and lots described. Other entries include Andrew Smriga to Borka Setel on Pixies Place, Bernard Seltman to William Kelly at Savoy, and Mary Elksy to Jacob Gerber on Stengars Avenue, among many others with varied lot sizes and values.
MENTIONED IN THIS ARTICLE
Woarrantr Deeds
Mary Stiryoy
Martin J
Anna Kubik
Sundard Avenue
Berkshire Realty Company
T. J. Pardy Construction Company
Oakwood Avenue
Oy Glide Christianson
Chistian Peterton
Beacon Street
Seabright Avenue
Fan Sofeik
Andrew Smriga
Pixies
Claha
Hanford
B. Nichols
Ross
Hy Furrar
Bernard P. Seltman
William’ B. Kelly
Savoy
Zlate Miller
Herbert Frith
William Street
Benjamin F. Root
George
Secah J
Gledhill
High Street
Jacob W. Gerber
Mary Elksey
Stengars Avenus
Mary B. Shreiber
Oswald Stockman
Sewview~avenue
Samuel
Anna Letsitr
Michelson
Beardsley Street
Stephen
Siksay
Josep Sroneal
Huntigton Road
Susie Miler
Michael Miler
Huron Street
Manning Mille
B.A Horovitz
Steuben Street
Ross H. Farrer
Matlton Wilhoim
Reservoir Aves
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NEW York Reserve Bank
wWdamsa Tee
Ajax
SagAm
HW & Lo
Arm Stgar
Ann
Chile
Rig
Va Sf
Erie
Aspie
Eleigh Lei
Morab
Goodrich
Gieat Nor
Gang
Toy Mae
Loews Inc
Perth
al Arts
Thy
Orth Pac
Otis Steel Pacific
Syd Pere Mateencon
Eero
Flerce
Sth & SF
Scary Air L
Beach
Wsnm
Bears
Tan N J. Smee
Vanden Erie
Wolkon & C
Wall OF
Ats
Onc de Coreene
Wasrington
Lne Geile
Beatay Wd Dens Steing
Metal Market
Liberty
City of
Wilson & CO
Schulte Stores
State
Bridgeport Gas Light Co. Capital Stock
Hincks Bros. & CO
New York Stock Exchange
Main Street
Second Moor
Liberty Building
Main St
State Bank
Salanoa
Equitable Industrial Loan Society, Inc
Fairfield Ave
Post and Telegram