Wheat Prices Rise On Lower Farm Stock Estimates In Chicago
In Chicago grain markets on March 5, wheat closed firmer with May at 1.18 7-8 and July at 1.14 11-5-8. Estimates show farm reserves at 153 million bushels, below earlier guesses of 160 to 190 million. Increased domestic use plus winter wheat losses supported prices, while corn and oats rose with wheat. Pork and lard export demand aided provisions as hog prices advanced.
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Curbstone market activity boosts mining and oil shares
On March 5 at New York curb, strong buying by commission houses and profit taking by professionals marked a lively session. Royal Canadian Syndicate attracted interest as drilling contracts with major oil producers boosted its shares. Penn-Beaver Oil rose on news of Hartley lease drilling with four wells already producing Pennsylvania crude.
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Foreign exchange quiet. sterling and francs quoted
New York foreign exchange markets showed a light easing with trading quiet. Demand for sterling stood near 4.70 dollars, francs around 6.10 francs per dollar, and Norwegian exchange weakened from 18.40 to 18.24 cents due to shipping claims.
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Metal markets report prices in New York
Copper strong both spot and futures. Tin strong with spot at 46.75 and futures 46.87. Iron steady with No 1 Northern 29.00 to 31.00 and No 2 Northern 28.00 to 29.00, No 2 Southern 25.00 to 26.00. Lead steady spot 8.25 to 8.51. Zinc steady East St. Louis spot 7.35 nearby, Antimony spot 8.00 to 8.24.
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Price reductions noted at Leipsic Fair
Leipsic’s spring fair enters its second day with heavy price cuts on standard commodities. Shoes and leather products fall thirty to fifty percent while textiles drop forty to fifty percent. Huge crowds view displays as about 14 000 exhibitors attend, including 700 from foreign countries.
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Cotton market report steadies with mixed futures
Spot cotton in New York on March 5 held steady at middling 30.90. Futures open high low figures show March at 30.73 30.60, May near 80.75 80.95 with 30/70, July at 29.91 30.27 29.80, October 26.94 27.20 26.80, and December around 26.48 26.87 26.41.
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New York
Money New York financial quote summary
Money New York reports currency and bond quotes with a firm high and low for the day. It notes the ruling rate, close bid and offered price, and last Joan against acceptances. The item reflects market trading activity and financial instrument pricing.
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Human Fly Dies in Broadway Stunt Crash
New York March 5. Harry F Young known as the Spider fell ten stories from the Hotel Martinique to his death before a crowd of about twenty thousand. Police moved in as machines clicked and traffic stopped. He muttered he could not make it yet pressed on, slipping at the tenth floor and crashing to the street after striking a balcony. A contract for a new film was found in his pocket.
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Westport Plan Board Sets Building Lines
Westport town plan commissioners meet with Morris Down and Leon Hunt to discuss the new building at State street and Riverside avenue and to straighten town center building lines. Engineer William Wood Jr. reports on State street district as plans for Bank and Trust building progress. Slated property sale on St John’s Place, price around 5500, and other town notes include a radio setup, a caried visit from Mrs Lulu Kelly to Mrs Mills.
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Lord Cecil Cannot Plan US Speech Tour
Lord Robert Cecil issued a message via the League of Nations noting he is receiving many invitations to address meetings in the United States and Canada but cannot respond until US arrangements are clarified by the foreign policy association. He appeals for understanding and says no one in the United States should view his restraint as discourtesy.
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Captain Joe Greene Returns to Tug Captain Role on Long Island
Long Island harbor reports Captain Joe Greene, famed tug skipper, back in active service with the Isis of Bridgeport Towing after four months idle. The 77 year old mariner remains a leading navigator in Sound waters as tug Owen J McWilliams and John Garrett deliver around 5,000 tons of bituminous coal to multiple New York area clients. The McWilliams heads to New York with light barges, while the Garrett hauls five, including loads for Crane Company, Bridgeport Brass, and American Brass, among others. Captain William Metzger of fishing smack Grant II plans today’s first trip.
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Tapestry Inquiry Ordered in Rockefeller Purchase
Washington March 15 The Treasury department ordered a sweeping inquiry into the acquisition of Rochefoucauld tapestries by John D Rockefeller Jr amid discrepancies in the invoice for the six panels The declared value differed by 1 135 500 from the appraised valuation and the closing tags lack antiquity documentation Taxes and regulatory breaches were cited as the probe opens into the importation and duties related to the unicorn tapestries.
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Anderson denies conspiracy charge against Pecora
Syracuse N Y March 3 William H Anderson state superintendent of the Anti Saloon league whose financial affairs are under investigation by a New York Grand jury was given a vote of confidence by central New York ministers He denied accusing the district attorney of New York of having any part in a conspiracy to blame me and said he had explicitly disclaimed such charges He announced his plan to continue to expose the conspiracy and the relation of Raymond Fosdick Rockefeller representative to it regardless of efforts to silence him by statements about other matters
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Building Permits Approved for 107800 At Meeting
The Building Commissioners granted permits totaling 107800 for several projects. A three story brick building at 691 South Avenue for the New Haven Dairy Company was highlighted along with nearby flats, a frame store retrofit at 1998 Strati.org Avenue, and a frame gasoline station at 200 Shatind avenues for Norton and Lovegrove.
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Bridgeport Medical Association To Meet Tonight
The Bridgeport Medical Association will convene tonight in the Welfare building. Dr Charles Timmey of New York will speak after the usual business session.
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Charles Timmey
New York
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