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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 24, 1922

Page

17

Stock Market Slumps Amid Mexican Pete Probe Shadows

Trading across the market languished in slow session as concern over the Mexican Pete investigation weighed. Pan American Petroleum led gains while other oils and rails fell, with Coca-Cola and Sears Roebuck among notable strength and weaker transport shares.

Agure Pan-American Cariy Anarkee Pan-Amer Ican Raporte Cote Trols “Mex Pete General Asphalt Royal Dutch California Petroleum Coca-Cote Sears Roebuck

Ten Bankruptcy Petitions Filed In Week Ends

Ten bankruptcy petitions were filed in the week ending June 17, with total reported liabilities and assets across ten firms showing about 17,513 liabilities and 35,317 assets. Average payout estimated at 23 cents on the dollar, compared with prior week and last year. new incorporations and Bridgeport Savings reelects officers noted.

Connecicut Umber Hertford Isis Bridgeport

Wheat Gains Amid Drought Worries and Summer Heat

Grain market closes unsettled as demand jitters rise on drought fears and optimistic winter crop outlook. July futures rise to 1.15, September to 1.143, corn and oats advance while provisions fall.

Chicago Une

Federal Reserve halts exchange of notes after Treasury offer

Governor Benjamin Strong Jr of the Federal Reserve Bank of New York announced that no further subscriptions or exchanges will be received. The Treasury had offered 3 1/2 year 3-5 percent notes, with an opening to exchange Victory notes, but banks will now close exchanges after June 5, 1922.

Secretary of the Treasury Treasury Bell Benjamin Sizong Federal Reserve Bank of New York Inca Federal Reserve Bank Treasury Department Trist

June trade advances noted in Bradstreet update

New York June 2 Bradstreets Tomorrow will say improvement in trade is uneven by region yet faster in June than May. Overall, reporting for trade industry and crops shows progress over prior months, with the Food Index rising and a higher pace in Western markets and mail order houses. Bank clearings reach 7,381,073.

New York Bradstreet

Revolutionary Absolutism Theory Shocks World

TORIO June 22 AP reports Avaociated Press Ichiro Sakai a Spanish language instructor at Colonial School in Seigshikawa claims to have discovered a theory of absolutism contrary to Einstein’s relativity. He says the universe can be explained by absolutism and asserts this theory will revolutionize medicine philosophy physics economics and religion. He argues it will redefine concepts like soul heaven hell and momism and claims the mindiary brain becomes alive only when linked to the soul through the theory’s high mathematics and simple understanding.

Torio Avaociated Ichiro Sakai Seigshikawa Einstein Nic Selm St. Jeans Socrates Sli Heaven Hell Mizans

Foreign exchange trends with sterling and European markets

New York June 23 reports continued reverse in sending foreign exchanges with sterling slipping to 4.41 on demand, French and Italian remittances down seven points, marks near .096. Dates and other currencies show further weakness with Greek, Polish and Czecho Slovak nationals affected. several rates listed for Paris Antwerp Amsterdam and Switzerland.

New York Poland Czecho-Slovakia Stent Cheol Paris Antwerp Amsterdam Ely Oe Switzerland Spain Pesala Ger Garepe

Railroads show long term freight tonnage efficiency figures

Washington June 23 A study by the Association of Railroad Executives based on Interstate Commerce Commission reports shows principal railroads hauled about 1 600 tons of freight per 100 dollars of capital invest ment in 1921 with ratios rising to over 2 100 tons in 1918 and dipping to around 1 900 in 1919. Officials note increased capital after government operation ended and question labor efficiency amid wartime and postwar charges.

Washington Association of Railroad Executives Interstate Commerce Commission Railroad Administration United States Rall Chicago Labor Board Gra Incline Oulread Raiioag & T Commission Badeye Commerce Commission

Around the World In 90 Days Voyage Details Unclear

Maj. W T Blake and family plan a global flight in a Do airplane with companions Capt Norman MacMillan and Lt Col L B Broome. They aim from Croydon to Vancouver via Rangoon Bangkok Saigon Yokohama and Alaska coast then across Canada to Newfoundland and Greenland then Scotland Aberdeen finishing in about 90 days with detours expected to total around 28 000 miles.

W. T. Blake Barara Alexandrite Bagdad Basra Saachi Deihi Vancour Rangoon Bangkok Saigon Yokohamas Greydon Eng Aberdeen Scotland Blaky Blakes Norman MacMillan L. B. Broome Croydon Parle Rome Athens Crete

Connecticut Go drops in ridership and revenue in week

The Connecticut Co reports week ending June 17 saw a revenue drop and lower rider counts due to stormy weather. Total revenue fell to 25,610.33 with 447,853 riders, 54,500 last week, and 123,970 tickets issued, while ten cent fare passengers reached 26,901. Overall revenue for a later week rose to 39,261.58, about 19 percent higher than June 17.

Connecticut Ridgepor Althorsht Jg Annelor Dee Eune Rev Venta Jung 17

London Girls Take to Pipe Smoking Fashion

London reports a trend among young women who frequent restaurants and cafes to smoke pipes. Virginia tobacco with rose tar or Oriental perfume is favored. They say pipes are cooler, cleaner, and do not stain the hands like cigarettes.

London Associated Press Seta Virginia

Young Hungarian offices bombed in Budapest

June 23 report states the headquarters of the Young Hungarian party in Budapest were blown up by two assailants. One person was killed and several injured. Police started investigations into the attack and possible motives amid rising tensions in Hungary.

Vienna Young Budapest Kealeas

Money by Fore June and Call Money Rates Decline

The report notes stronger call money conditions with a June 43 settlement, high 38 low 38, and a ruling rate of 3. Closing bid and offered at 1 4, last Joan 5, call loans at par with acceptance 2. The item reflects a fluctuating money market and lending activity.

Real Estate Transfers and Mortgages in Fairfield Area

Real estate deeds and mortgage notices list transfers of warranties and quit claims among multiple parties in Floral Park and surrounding towns. Notable entities include Edward Hoover, Barnard Saltman, Moyor Navenstein, and Bridgeport Savings Bank, with parcels on Fairfeld avenue Cannon street and Berkshire avenue. Mortgage actions name Edward Hoover and Samuel Newman, with values and street designations.

Harry A. Gold Brookfield Avenue Beaward Edward Hoover Philip Geaner Barnard P. Saltman David B. Saltman Seaview Avenue Allee Fairbanks Jour &1 Fairpoints Warren Street Moyor Navenstein Louis Alten Berkshire Avenue Richard J. Muallette Rae Tyler Birmingham Avenue Thomas Brown Netlie Brown Bridgeport Savings Bank Abrasham Schion Isadore W. Reantit Fairfeld Avenue Cannon Street Horcock Avenue Qwoula Alton BULL Tesser Tarob and Lathesmn Tomas and Nettleton Company Hancocks Samuel Newman Samuel Katz Fuot Howard Avenue Abraham, Sehnen Frederick TE. Morgan

Wisconsin Creamery Markets and Fresh Dairy Prices

Market notes show butter and creamery prices fluctuating with creamery cents per pound and sales terms. Cheese market firmness cited with specials and various grades, while egg and milk terms reflect regional dairy pricing and product quality notes.

Hisnor, Stern Wisconsin Sinte Egge Market

Fairfield Avenue Building Sells for 200000 in Bridgeport

Abraham Schnee and Isador Resnick jointly purchased the three story 363-371 Fairfield avenue building from Glads MacFarlane and Anna Townsend for about 200000. The deal included a mortgage and cash components with Schnee and Resnick financing through a 50000 mortgage and 243000 cash payment among other arrangements involving local firms.

Fairfield Avenue Abraham, Schnee and Isador Resnick New Haven Cee Abraham Schnee

Abert y Bonds Rise on Heavy Buying Railways Strong

Investment buying dominated the bond market with gains across government loans and rail road issues. Notable advances included Athl an Reading Missouri Kansas Texas St Louis San Francisco and Denver Rio Grande bonds, while par value sales reached 315 million.

New York Investmentai Alberty Despitaeffre Chile

To Rent Foresters Hall Ad With Evening Booking Options

For rent at Foresters Hall room facilities described as centrally located with conveniences. Nightly openings for meetings with special rates for afternoon receptions and parties. Apply in person at Hall.

Meenga

Curbstone Market Mixed as Traders Dabble in Steady Session

Curb market observers report uneven trading with brief upticks and general instability. Standard Oil of Indiana quieted as Colombia Emerald led industrials while Metal shares saw modest gains and a 25 cent dividend boosted Moon Motors despite overall cautious mood.

Standard Ol Indiana Wey Colombia Paceos Moon Motors Lincoln Ford Leland Hayes Cortes

Also Mentioned on This Page

Bridgeport ‘Telegram Pan American New York Central Atlantic Coast Line Ison Atlante Cosa Trang Continentals Bridgeport Savings Bak Eelves Arthur W. Burritt Samuel M. Hawley Shear VW Bassick Joan & Pullman Frank MM. Fosdit Anne EB Partree Burvitt Mr. Hawley Isaac W. Birdseye Stiles Goodsell Charles W. Hawley Robert S. Hincks Willis F. Hobbs Weer 5 Lashar Hamilton & Shelton Sumner Simpson Lucien T. Warner William R. Webster Zémund Wolfe Federal Reserve Salas Ajax Amin Chaimsen France Anaco Ea G & AW Beth Sr Wal Ld Ae & EL Goodrich John Great Nor Ban Selt Ss Steel Bouston Kan & Gu Lehigh Vos Loft Inc Aw Aoth Ag Bay Atm Sa Studebaker Lexus CO Aba Ata Az Snans Union Pac United Ste. Gan U S Utah Way Wilson Ialph F CO Frie Science Service Alb Anne H Lord Midruplands Es Ty Steel Uillers Pitts Ung Ce Fairfield Cannon Mortgate Schnee Zed Resnick Mnador Resnick Fairfield Avenues L. J Frederick 2. Morgan ‘Corroil Motors Company Port Boay Company Pote. Seacanescuian Bridgeport Savings Reeser Bobness Pat Cotton Ouse Higne AL Dee Ant Title Guaranty & Trust Company Main Street Southern Teal Instance Equitable Industrial Loan, Society, Inc Fairfield Ave James Staplese&co New York Central Lines New York Central RR Col Michigan Central R. BR Cleveland Cinsinnati St. Louis Ry. Co Pittabureh Lake Erie BR. Co Pinsburgh McKeesport Youghiogheny Hincks Bros. & CO New York Stock Exchange Bridgeport, Conn
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