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This newspaper page contains 17 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Mar 01, 1928
Page
21
The stock market closed with mixed results as the Major indices fluctuated through the session. Traders weighed favorable trade developments and oil policy shifts against uneven gains across industrials and consumer shares.
Financial digest covers 1927 earnings and dividends for major firms, with data on profits, losses, and stock details. Highlights include preferred stock comparisons, dividend notices, and 1927 income figures for several companies, noting sector-wide trends and specific quarterly returns.
A lengthy OCR fragment reviews business activity across sectors in New England, noting firmer activity in manufacturing such as shoes and wool, higher raw wool prices, and improved building contracts. It cites January outputs, shipper movements, and employment shifts, with mentions of Boston markets and regional mills.
A mixed clutter of names, locations, and monetary figures appears in a Realty Records excerpt. It mentions Brookline, Lindle street, and a payment of 4700 dollars, with scattered references to buyers, sellers, and property transactions across unclear entities and dates.
National Lead Co reports a profit of 4,929,396 dollars as it expands production and markets in New York and nationally. The filing highlights rising demand, steady shipments, and strengthened balance sheets during the period.
An unreadable OCR note mentions the Cleveland Reserve Bank raising a rate, but the surrounding text is garbled. The fragment hints at financial action possibly affecting Treasury or banks, with scattered words suggesting a formal announcement or economic update. No clear names, dates, or figures are recoverable.
Cotton futures closed firm with gains across the curve. March at 18.40, May 18.57 to 18.60, July 18.50 to 18.51, October 18.18 to 18.20, December 18.12 to 18.15. Spot middling cotton steady around 189.0.
A damaged OCR fragment discusses Cuban events and legal actions, mentioning a central figure and authorities. The readable portions imply a conflict context, with references to trials or accusations and a focus on governance and security measures.
Readable fragments describe Connecticut patents linked to depots, bridges, tool companies, and manufacturers in Bridgeport, New Haven, New London, Norwalk, and surrounding towns. Mentions Whitney, Pratt, Westaly, Bridgeport Phonograph, Nash Engineering, and various machine tool and turbine interests shaping regional industry.
Congress acts after armistice to authorize repayment of funds tied to World War I reparations. Measure would allocate up to 315 million dollars to settle claims from German and Austrian companies. Final steps require presidential approval and use of available money from war-related funds.
Automakers push volume as production climbs in early 1928 weeks. Reports show factories increasing output while models rise to meet demand. Data from the US Department of Commerce indicates a broad expansion across major producers. Stronger production correlates with dealer deliveries and gains in assembly line efficiency.
A hazy OCR style report shows factory output and export data for the month, noting gains in production for January and contrasting with prior periods. The text lists manufacturing categories with figures for items like foods and parts, indicating overall export growth and sustained industrial activity.
Senate Interstate Commerce Committee will question Mine Workers of America leaders over nine million tons of soft coal in Pennsylvania West Virginia Ohio and surrounding areas. Witnesses include the union president and other officials as the probe widens. The hearing aims to uncover practices and potential irregularities in mining operations and shipments.
Insurance companies in Connecticut face tax payments for the year with the state insurance department estimating receipts around 1 million dollars and the total expected contributions near several million. The Metropolitan Life Insurance Company of New York and the Milwaukee based firm are noted among those paying taxes on income and reserves.
On February 29, Representative Oldfield of Arkansas claimed Republicans broke the arm of tax policy with agricultural tariff plans. He cited 4000 bank failures under Coolidge and 95 percent in farming districts, arguing Democrats push for tariff changes while Republicans resist. Republicans like Crowther and Laguardia pressed Oldfield with questions as they challenged Democrats on free trade versus protectionist stances.
Wiltom residents heard Commander Richard E Byrd lecture at Stanford on Sunday attended by Mr and Mrs Wm Fischer George La Worncke and family plus Dr and Mrs Eule Ballie Cannone and others Public notices mention a Republican Women’s meeting at 11 00 pm and plans for a Red Cross Institute event Local school paper The 10 LON notes Robut Banks Alyynond Dorothy Evans and others involved in this issue.
Fragmented OCR notes describe a Frisday afternoon event with Mrs Earl Lewis presenting to her pupils. Names such as Robert Roy Mix Bev, Alice Radege ton, Diresor Heiett Damm Ie Noell Moouid Mis, and families from Pelham Manor appear alongside neighbors and local organizers planning a next meeting.
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