Federal Reserve Banks Report Business Better Across Nation
A May 1 Associated Press summary from Washington reports chief national bank examiners noting notable nationwide improvement in business conditions and restored confidence. While optimism is present, the pace is gradual due to high prices and lingering postwar strains. District notes include New England gains, New York cautious optimism, Philadelphia recovery, and Richmond, Chicago, and Florida improvements with crops, exports, and manufacturing activity rising.
MENTIONED IN THIS ARTICLE
Washington
Associated Press
Economc
Federal ‘Reserve
New England
Herbert W. Scott
Boston
New York
D. C. Borden
Richmond
W. J. Schochor
Florida
Union
Pole
Atlantic
Chicago
Fred
Bettef
Export publicity to be feature of trade convention
Philadelphia May 5 One of the sessions at the Ninth National Foreign Trade Convention, May 20-27, focuses on export advertising. Organized by the Association of National Advertisers, three speakers will cover planning, budgeting, and follow-up for foreign campaigns. An exhibit of foreign advertising material and daytime shows of industrial films will accompany the session.
MENTIONED IN THIS ARTICLE
Philadelphia
Associated Press
Association of National Advertisers
William Menkel
Jawed S Martin
Drs Brown
Feld
Connecticut
Dietrict
Bridgepoet
Hevate
Catherina V. Plicher
Lac
Catherine White
Bridgeport
Avid
Tacoma
Cort
Bridgevert
Improvement in All Business Reported by Dun and Co
New York May 5 Dun's Review says constructive elements gathering force are now exerting a more potent influence on general business. Improvement in various industries reflects revival with metals lumber textiles hides and leather showing gains. Despite keen competition and cautious buyers the trend toward business rises may continue as replenishment of supplies broadens. Bank clearings reach 7 590 981 000 dollars.
MENTIONED IN THIS ARTICLE
New York
Dun
Ormorrow
Generaol
Humber
Meher Savela
Curb Market Highlights and Key Stock Moves
The curb market in New York showed irregular trading with notable gains in Imperial Oil of Canada to new highs on bullish broker action. Merritt Oil Salt Creek Producers and Cleveland Motors rose, while Glen Alden Coal and Todd Shipyards climbed on strong buying. Mining shares led volume with Magma Copper and Boston and Montana easing. interborrowings advanced in the bond market as activity remained steady.
MENTIONED IN THIS ARTICLE
New .York
Imperial Oil Fof
Canada
Merritt Oil
Salt Creek
Wyoming
Cleveland Motors
Cleveland
Hudson
Glen Alden
Todd Shipyards
Rosa
Phillip Morris
iGoodyour
Dubbler
Mag‘ma Copper
Boston and
Montana Corporation
Interborous
Financial notes on Donley System Corp organization
At a recent meeting Alfred J. Donley was elected president and treasurer of the Donley System Corp now organized with 20 000 shares of capital stock at par 5 000 each The officers including Denny hold 14 300 shares and are directors The Union Light Co at 192 Fairfield avenue incorporated in April for 60 000 reported stock subscriptions to 60 0 0 shares with 1 634 cash and 68 26 property paid Officers included Tack Olsman president Martin Leving secretary Herman Abrams treasurer and directors I J Cohn and Abrams Herman Abrams is the sole stockholder with all 400 outstanding shares of stock.
MENTIONED IN THIS ARTICLE
Lew
Laat
Adama
Ajax
Tel & T
Anwco
AUG & A
Aemng
Balt & Ohio
Batt & O
Chan & Chio
Erie
Asphal
Electric
Goodrich
Houston
Karn
Lacka Stee
Lehigh
Lig & Myers
Lou Lig & Pt
Nevada
Nyc
North Puett
Otis Steed
Pouir
Penn
Gila
Pf Ray
Agson Swadebdaker
United Drug
United Fruit
U S Slass
Utah
West Mary
Wert Union
Wilson
Willys
Alfred J. Donley
Donley System Corp
Denny
Awds
C. W. Fotch
Arthur Pouley
Ofiers
Union Light Co
Fairflett Avenue
GNC
Mr. Tower
Tack Olsman
Yee
Martin Leving
Herman Abrams
Yettl Abrams
I. J. Cohn
Realty Records Echoes of fragmented deed transfers
Real estate deeds list multiple transfers between individuals and investing companies. Properties include Maplewood and Connecticut Avenue parcels, Main Street lots, and street feet measurements. Notable entities: Bridgeport Investing Company, United States Housing Corporation, Connecticut avenues, and New Milford Savings Bank.
MENTIONED IN THIS ARTICLE
Nathan Harrison
Brieport Investing Company
Tea Marin Street
Union Savers
Benjamin Todtfield
Brideeport
Maplewood Agenas
Charien Todtfield
Bridgeport Tnveating Company
Main Street
Solomon Whit
Harry J. Pratt
al Poet
Alice Street
Yranels Burr
Perry
Michael Kotol
King Street
Bridgeport Land and Title Company
United States Housing Corporaton
Yeolty
Wilmat
Connecticut Avenues
Robert F. Robinson
Schnee and Schnee. Incorporated
Lenox
Patrfield
Yona Netsner
Michael Michalka
Helena Michalka
Fourth Street
Max Netsner
Felon Michalka
Connecticut Avenue
Henry Bertram
Edward Alen Lambert
Contral Trust Company, Realty
Grove Atreat Robscca Dutcherper
Pamelle Garbar
Maplewood
Howard Avenules
Woroe B. HI
New Milford Givings Bank
Sixth Street
Building permits surge across the nation in March report
The Federal Reserve board notes a sweeping boom in building activity with permits rising about 3 percent from February and up sharply versus last year. March totals in 106 cities reached 260.9 million dollars, nearly doubling March 1931, with regional gains highlighted in New York Minneapolis and Richmond districts.
MENTIONED IN THIS ARTICLE
Reserve Board
New York
Richmond
Maryland
West
Virginia
North End
Caroline
Federal Reserve
Boy
Philadelphia to Host National Foreign Trade Convention
The ninth National Foreign Trade Convention will be held in Philadelphia May 10 to 12, uniting American manufacturers bankers exporters and business leaders to shape foreign trade policy. Sessions in the Academy of Music will cover foreign loans policy and the aim to absorb a 15 to 20 percent surplus in production. a Trade Adviser Service will assist delegates with expert guidance.
MENTIONED IN THIS ARTICLE
Thaddeus
Paxton
Philadelphia
Americas
Ieater
James A. Ferrell
United States Steel Corporation
National Foreign Trade Council
Ender
Forsien Jonns
al Or & Grent
Council
Joans
Buch
United States
Amartean
Lursne
Marice
Department of Commerce and Industry
Academy of Music
Trade Advicer Service
Bellavue-Stratford
W. B G. Harding
The
Seductral Reserve Board
Bond Market Dull Yet Active Tractions Lead Gains
New York traders report irregular dull bonds with traction from local companies. Liberty loan buying soft but some issues strong. total bond underwriting surpasses normal volume with $14.5 million marks in debentures and Remington Arms issues over subscribed. Foreign exchange steady with British, French, Japanese offerings. Chicago and Eastern rails strongest on transportation notes.
MENTIONED IN THIS ARTICLE
New York
Trartone
Brooklyn Rapti
Trandit Jasvet
Edvacos
Jessenius
Libera Wan
Lsmits
Starling Exchange
Chicago
Raiia
Remington Arms
Totapales Cpar
New York Dairy Market Reports Mixed Prices
Market reports from New York on May 6 show mixed dairy trends with creamery extras around 37 cents and creamery grades fluctuating from 3434 to 95 cents. Whole milk quality prices range from 20 to 240, with special and lower grades noted, while cheese and other dairy items show firm or unsettled movement amid overall weak market signals.
MENTIONED IN THIS ARTICLE
New York
Mnoy
Nanzbe Hromn
Copper and metals prices steady in New York trade
METAL MARKET NEW YORK May 5 copper firm with spot and nearby prices around 18 13 18. Tin steady with spot and nearby at 40 82 and futures 30 75. Lead firm at 25 4.90. Zinc quiet around 6.00 5.18. Antimony at 4.25.
MENTIONED IN THIS ARTICLE
New York
Daly
Aus
Iss
Mid-Uplands
Gleetrolyde
Money market snapshot from New York May 4 Call money rates
In New York on May 4 call money moved quickly with the ruling rate at 4 1 4 percent and closing bid at 3 latest offered at 1 2 percent. Loans against acceptances traded around 3 1 2 percent.
MENTIONED IN THIS ARTICLE
New York
Public notice for state normal school New Britain bids
Proposals for furnishing electrical labor and materials for New Britain State Normal School building to be received by the State Board of Education in Hartford May 8, 1922 at 12 20 PM. Bids must be sealed with a five percent bid guarantee. Plans and specifications at the State Board of Education Architects and Engineers office. Alfred Kellogg engineer plans by mail require deposit. refund if plans returned. Meredith secretary.
MENTIONED IN THIS ARTICLE
State Board of Education
State Capitol
Hartford
Corcoh
New Britain
B. Merriwith
Sexe Board of Educaton
State of Connecticut
Illig
Itn
Sopler
Architecta
Alfred
Kellogg
Consimt
Franklin ST. Hoston
Mass
A. B. Meredith
Renewed Selling Movement Shades Prices of Stocl
New York May 6 Renewed selling pressure for both accounts, aided by profit taking, led to unsettled trading intervals with mixed results. The May total reached 1,125,000 shares as Otis led a prominent list of big names. high priced issues fell late, rails held steady, while some sectors showed gains.
MENTIONED IN THIS ARTICLE
New York
Otis
Stregach
Whit
London rate surge lifts exchange to near three year high
New York foreign exchange reports the London market showing the highest point in almost three years with demand bills near 4.44 to 4.10 overnight up 11 8. Heavy buying at London and New York to cover cotton and grain needs reflects improved British trade balance conditions. Continental rates remain firm to strong with minor fractional gains while sterling resumes gradual strength after weeks of improvement.
MENTIONED IN THIS ARTICLE
New York
London
Loncon
Grain Market Report From Chicago May 3
Grain price activity in Chicago shows wheat futures closing heavy with declines from May and July contracts. Reports note planned emergency storage in railroad cars, large shipments from Omaha and St Louis to Chicago, oats and corn down, provisions easing, and overall market uncertainty amid ample offerings and expectations of further arrivals.
MENTIONED IN THIS ARTICLE
Chicago
Omaha
St Louis
Chix
Orn
Oate
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All Mans
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United
Federal Reserve Board
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Tra
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Nellie P Beyer Lata
Apiate
C. L. Dennis
Sbridgeport
Probate
Waller T. Babcock
Bridgapertigwald
Jan Persion
Mudd Tima
Unis
Cireuiation
Salt District
Ang Jrerira
Sheno
Miller
Metal Market
State Normal School
Guaranty & Trust Company First
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Stockholm
Christianis
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Berlin
North Main Mreet
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Corey
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Algonquin Road
Country Club
H. L. Blackman & S Son
Fairfield Avenue
Barnum
Hincks Bros. & CO
New York Stock Exchange
Connecticut Securities
Main St
Bridgeport, Conn
Waterbury
Greenwich
Con
Waterbury Natt Bank
Greemetch
Equitable Industrial Loan Society
Fairfield Ave
Main
State of