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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Mar 17, 1925
Page
17
Liberty bonds closing prices listed for Liberty at Liberty Tadc, Liberty 2d and 1S values around 100.15, with Treasury 4a and 45 figures. Washington reports the U S Treasury balance as of March 14 at $210,154,160.
New York March 16 Indications that the St Paul Railway's financial difficulties were reaching a critical stage emerged as plans for Bondholders Protective committees formed. The stock fell to new lows as insurers and other holders sought head F J Lisman to lead an independent committee while bankers and officials considered a refunding plan. Engineers report survey delays three weeks, with ultimate receiver perhaps predicted by Lisman.
The stock bond market reacts to declines in railroad and industrial issues with demand for protective action by bondholders. Central convertible and Eastern Illinois led losses as Seaboard, Chicago and Alton, and Western issues trended lower with Skelly extending losses. Heavy industrials including Central Steel and copper stocks faced declines amid large block sales and a major purchase by a financial firm scheduled for offering.
Market notes show steady mains with beef remaining firm. Prices list for broilers, chickens, turkeys, fowls, and other poultry hold in the middle of the range. Fresh and ready fresh supplies continue with varied values across grades and regions, including milk, eggs, and fruit items.
A fragmented report notes a decline in scream consumption nationwide, with the drop linked to summer weather conditions. The item references Ashington and Mt. Tyrad, but details are unclear due to garbled OCR.
New York March 1 widespread liquidation dominated the stock market with no panic, while discord within party factions and a tentative administration stance weighed on sentiment. Wheat and grains slumped as prices fell, with trading activity heavy and many out-of-town accounts liquidating holdings amid ongoing market weakness.
Average weekly earnings in January show important factory groups earning well above 1914 levels, with clothing workers 133 percent higher, textile and paper workers over 100 percent, food tobacco workers 137 percent, iron and steel 117 percent, machinery 112 percent, boot and shoe 109 percent, and automobile workers 39 percent higher. Wages rose despite unemployment in parts of the year, indicating real gains ahead of war.
A curbing market session shows mixed moves with some stocks slipping and others firming. Notable activity includes Pennsylver pointers advancing slightly, Goodyear stock sliding about two points, and several industrials like Continental Baking and Lehigh Valley coal certificates pulling heavy losses amid broader liquidation tendencies.
A Titian antique marble sculpture stands in Crone showrooms at 392 John Street Che Marie. The piece is imported directly from Italy with the remainder of the display fixtures arranged by campus staff and all work completed to showcase the marble.
New York commodity prices show current cash quotes for staple goods, with year ago comparisons across key items. The report highlights price movements for the month, noting changes since last year and the current market context.
Announcement yesterday added Frank A. Wilmots Jr to the sales staff of McEldowney and Company at 42 State Street Bridgeport. He is a Bridgeport native, Yale trained engineer, former General Electric employee, and son of the late Frank A. Wilmots Sr. His family connections include founder ties to the Bridgeport Brags and American Tube and Stamping Company. Mrs Wilmots is a Brooklawn Country Club and Yale Alumni Association Fairfield County member.
Francis L. Sherwood, 82, a former prominent lawyer and longtime town official in Fairfield, died after a career in law and local Democratic politics. He once exhibited a clipped obituary for years, hung over his living room shelf, and read of his demise with amusement. Survived by his wife and daughter, services will be held at his late home Wednesday afternoon with interment in the old cemetery.
Market report notes commodity price movements with spot values and quotes. Entities include Maur and Dalgarroly involving a 7.42 unit figure, reflecting a snapshot of the steel and metal markets.
In New York on March 28 money markets showed steady tone with bids and offers near prior levels. Treasury and commercial loan data indicated mixed collateral and typical 60 to 99 day terms with modest rate adjustments, reflecting cautious demand and stable prime lending cues.
A fragment notes quiet middling bids around 25.4 while referencing Magen Lie Cullen. The context is unclear but points to commodity price activity and a named individual in a brief market summary.
Real estate transfers fuel a sequence of warranty deeds and mortgage deeds. Elia M Douglas to Joseph Ez Pougay on Blisworth Street. Carl Schmidt to Leusae Welditch on Fairfield Avenue. Herbert Loewith to S Loewin and Company on Morgan Avenue. Southport Savings Bank to Adela Mircus on Howard Avenue. Joseph E Douglas etc to Fillworth Street property. Vinceno Minuetti to August Bonamie on Davenport Street. Mortgages include Laura Weidlich to Can LoS Schmidt on Fairfield Avenue for 57000. Anna Lindhorp et al to Bridgeport Trust Company on Elsworth Street for 5500. Willam V Dee Company to Elizabeth Schine on Union Street for 1500. Kristin Kravec to City Savings Bank on Asylum Street for 2500.
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