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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

May 05, 1922

Page

17

Liberty's Rally New Offerings Absorbed In Market

May 4 Liberty bonds and foreign issues drew strong demand with investors absorbing a 7,000,000 pound sterling Italian issue and a 9,000,000 pound sterling Seth Coffee loan. Brazilian and Argentine bonds advanced while domestic rails led declines after readjustment plan news. Interborough and other transit stocks rose one to two points. Liberty issues showed less activity. New St Louis and San Francisco bonds offered 6.9 million dollars at public sale, with total par value about 15.749 million.

New York Seth Argentina Interborough Rapid Transt Interborough Metropolitan New York Tailways Third Avenis Brooklyn Rapid Transit Falves St. Louis San Francisco

Federal Reserve Bank Statement May 3 New York

Federal Reserve Bank of New York reports at close May 3: total gold reserves 4,109,764. Odd dollars. total reserves 1,155,497,725.46. Discounted securities backed by government war obligations 48,055,185.02 for members and 20,118,020.28 for others. Bill purchases in open market 45,670, STD.04. Total billions hand 119,848,085. New York May 4 report shows total earning assets 524,500,416.54. uncollected items 112,145,003. During members Reserve accounts 704,127,037.43. total deposits 768,855,629.10. actual circulation 823,900,135.00. Ratio of total reserves to deposits and F R liabilities about 1.9 percent.

Federal Reserve Berk of New York Be . Dunig F. R. Novo Anaco G & WI Nichols Col & Saath Gol & SO Idleon Ae Bi Jai Air Erle A Pt Frisk Rubber& W Goodrich Moh & N Gulf Saain & A Lly Lacka Steel Yate & Pe Loews Inc Fae Gan Ion Pacifia T Pierce Arrow Ares A. Hs Lao Tau Pullman Rep & Steel L & San Ju & S Ina Alco Pac RR Wrest Union Wal & LE Pf Wheel & Ong Wart A Mot Co Wilton & Co Willys

Grain market mixed with May crops easing prices

Chicago May grain notes show large May contract deliveries and favorable growing conditions for winter and spring crops. Wheat closed at its weakest level of the day, with May and July futures down while corn and oats moved modestly. Provisions rose as meat stock weakness lifted prices, and overall commentary cites rapid planting progress and higher hog quotations.

Chicago

Metal Market New York Copper Tin and Zinc Prices

Copper firm at New York spot and nearby 5 led, Tin steady at 30, Zinc quiet East St. Louis delivery, spot around 3.09 to 3.15. Collector notices taxes due May 1 1922 in Fairfield with 3 3 percent per month late fee after June 1 1927.

New York Elegirayinie Dater East St. Lowis Fairfield Joseph I. Flint

Plow land values decline across nation as farm outlook shifts

Washington May 4 The Department of Agriculture reports the average value of plow land nationwide at 370 an acre, down 2 from two years prior. Iowa leads with 143 per acre, California New Mexico and Nebraska remain above 100, while Maryland surpasses Virginia and the South, with New York at 62 two years ago. Prices and costs influence returns as prices rise and operating costs fall.

Washington United States Department of Agriculture Kovernment Bresenta Towa Middle Western States Iowa Tilnels California New Mexico Nebraska Maryland Virginia New York

Power 60 earns $413,004 in first quarter report

Connecticut Power company closes the first quarter with a gross earnings gain and a quarterly balance after charges of 135,003, up about 1 percent from last year. March gross earnings rise 21.5 percent over February, with March net after taxes the highest in the quarter, surpassing last year and the previous quarter.

Connecticut Power Company Lross Barnlees

New Leaders Take Hand In Curb Market Trading

May 4 New leaders moved on the Curb Exchange with floor traders taking profits on earlier wrecks and shifting focus to other issues. Lending houses bought high priced shares as Stock Exchange firms led activity. Mexican Seaboard drew interest amid urge to new high. Wyoming city and Greek Profitcers also active. Citiley Service old common led advances under continued accumulation by affiliated interests.

New York Curb Exchange Pil Iuuues Stock Exchange Mexican Seaboard Wyoming Citley Service Old Common

New York Curb Market Seat Sells for Record Price

A new record price was paid for a New York Curb market seat as B and K Buckman sold his membership to John Altatra for 8 900 dollars. The previous record stood at 6 000 dollars set weeks earlier for another seat.

New York B& K

Local Produce Prices Stability and Market Notes May Market Daily

Market brief reports largely unchanged prices across fruits and vegetables. Supplies sufficient for needs with some declines in nep ara gua and rhubarb. western packing results suggest upward meat trend while butter remains steady. Delaware and New Jersey shipments affect prices. lists include apples oranges asparagus cabbage and tomatoes with varied box and bushel rates.

Long Island Aspiragus New Jersey Neparagua Tihubara Rey Baldwins Iraq Atrawberres North Carolina New Texas Florida Kennecy

New York Butter and Cheese Markets Fluctuate in Mixed Trade

In New York on May 4 markets showed a easy unsettled butter section with creamery extras and firsts priced around 27 to 38 cents. Cheese markets were weak unsettled with whole milk specials and various grade references, reflecting uneven demand and activity across dairy products.

New York Ria Abe

Postal deposits for four months drop thirteen percent

The Bridgeport Post Office reports a 13 percent fall in new deposits by the United States Postal Savings Department for April compared with March, while withdrawals rose nearly 49 percent. Factors include seasonable conditions and shifts into Treasury certificates. Monthly data show 1921 figures lagging behind last year across January to April, with total April sales at 613,450 in treasury certificates, though 500 and 25 denominations declined.

United States Postal Savings Department Bridgeport United States Treasury Department Treasury Srleg

Morgan 10 sails for Europe soon on German loan

New York May J P Morgan invited by the Inter Allied Reparations Commission to confer with the British Parliament on the feasibility of raising an international loan for Germany. Morgan will sail May 18 aboard the Olympia with Georg Whitney to discuss terms and security while the exact structure remains undisclosed.

New York J. PF. Morgan Germany Europe Georgy Whitney Morgan Bie Scould Hanlsing Hous

Real estate deeds and mortgages across Noble Boston avenues

Public records list warranty deeds and quit claims involving Weldich to Corp on noble and Boston avenues. Delaney to Costa on Gregory street. Gahan and So Joseph. Beek to Collen on Pembroke street. Hevery to Toh on Anthony street. Mortgages include Carp with Waldlich on Noble Boston avenues. Denny to Murray. Costa to Delaney on Gregory street. Cohen to Beck on Pembroke street. multiple sums and street addresses.

Louis Weldich Samuel Corp, Realty Noble Boston Wiliam B. Delaney James D. Costa Gregory Street Davis Issac E Joseph Gahan Pembroke Herman Beek Joseph Collen Pembroke Street Josey Hevery Mathilda Toh Anthony Street Samus Carp Louis Waldlich Tea Noble Cathering Denny Thomas F. Murray William Street James DP. Costa Willem Delaney Joseph Cohen Herman Beck Aston Jacobs Stanley Macey Mary Kronovitter Katy Balint Spruce Street

Money market report from New York May 4

Call money rates moved with a high of 4 percent and a low near 4 percent as filing rates and closing bids fluctuated. The latest loan was offered at 4 percent with reports of acceptance and ongoing activity in the call money market.

New York Cana Agailnst

Stock Trading Irregular Sharp Reaction at Close

New York May 4 trading in stocks ended irregular with Oilsang Petroleum again large in volume. The day marked the 25th consecutive full edition with transactions over the millenhare. Loans eased mid day and private offerings were low. Notable losses came from Republic Iron Studebaker Balawin Mexican Petroleum Texas Company and Standard Oil of California while Brooklyn Rapid Transit posted a gain.

New York V Ory Comprehensive Oilsang Petroleums Gools Transanétiona Siles Menta Aomo Oth Republic Iron Studebaker Balawin Mexican Petroleum Texas Company Standard Oil California Brooklyn Rapid Transit Kelly Springfield Standard On N. J Houston Oil

Foreign exchange market ends mixed amid varied recoveries

The May 4 report notes no-tulled arias at Genoa followed by further activity in Starkas exchange and broad recoveries across continental markets. Swiss stones tighten to 8 points below par after months, while Brazilian coffee loans fail to gain traction. Sterling quotes rise to 4.44 sight, 66 days at 4.41, with other currencies showing modest movement as Swiss and Berlin rates appear in flux.

Genoa Etarkas Switzerland Berlin

Also Mentioned on This Page

Liberty Federal Reserve Bank Metal Market Main ST Bridgeport Chamber of Commerce Business Ee Tus Aie Agss Wa Quay Hen Ates Agriculture Department Science Service Washington GON. Power Bridgeport Telegram Marketing Bureau Te State Boans of Agriculture Savings Department Realfy Records Unul Money Bases Ploor Minn LA Cafhas Pitts United States Shipping Board Fleet Corporation Vaterland Norwalk Connecticut Commendias Catalogus Emergency Fleet Corporation Gerth’s Realty Experte 42Nd Street New York City New“York Southern New England Telephone Co Hincks Bros. & CO N. Y. Stock Exchange State Bor City Hall
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