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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
May 09, 1918
Page
17
Fragmentary OCR fragment notes New York cotton prices and private wire trading lines associated with T. Ta Watson Co. Mentions dates and cryptic codes, unclear activity, possible market timing during year end. No clear outcomes or figures readable from the fragment.
A fragmented clipping lists a broad mix of stocks and percentages from various sectors and companies. Entries include shipping, mining, motors, aviation, and energy firms with quoted figures such as 12 percent, 34 percent, and 6 percent, alongside company names like Curtiss Aero Atlas Ship and United Motors. The page reads like a historical brokerage snapshot with numerous figures, partial names, and scattered totals, reflecting a volatile market mood.
New York markets report a dip in speculative fervor as railroad stocks gain on expectations of a favorable Washington accord. Rail interests led the advance with Reading and New York Central among leaders, while earnings optimism and potential surplus earnings compensation boost names like Great Northern and Erie. Equipment stocks lagged as contracts with the railroad administration drew mixed reactions.
Death notices for John Lynch James Coughlin Wilson Marshall Mary Knapp and others list addresses times and churches for funerals and interments with a card of thanks from the Roth family including beloved patriarch Drilled references to St Augustine Stepney and Salisbury Plain and a Swiss Relief Society tribute included. The notices provide times Friday May 10 and services at St Augustine's church and various cemeteries with automobile cortege and solemn high mass details.
In New York trading, rails led activity with coalers attracting steady demand on hints of higher freight and passenger rates. Reading rose sharply while U S Steel traded near its peak, aided by broader transport stocks including New Haven, Grangers and cotton carriers. The session saw lively movement in shipping and independent steels, with 960,000 shares changing hands and total par value around 4.93 million.
Help wanted advertisement seeking stenographers with contact at the Ready Total Company located on Ivanistuy and Jailtroud avenues for detailing and filing tasks.
Washington reports that automakers face pressure to yield most of their business to war work. After July 31 they may need to cut output by 50 to 60 percent versus 1917. The industry sees unfair government terms and potential heavy financial impact in Michigan, Ohio, and Indiana. A compromise is expected with reduced production in October, possibly to about one third of last year. Congress may challenge War Industries Board actions. Additional charges of favoritism or mismanagement could surface.
Washington reports five business days in May show government outlays at 810 million with 252 million in ordinary disbursements and 77 million in foreign obligations and farm loans. War savings notes sales lag as campaigns begin after the third Liberty loan closing while stock averages rise modestly amid policy divisions.
A silent diver Trederick Bell drowned during underwater training in a tank at a navy torpedo station. Four enlisted men were injured when an oxygen tank exploded amid resuscitation efforts. The fire aboard the gas powered launch was unrelated and the station ambulance clash was incidental.
New York May 38 corn market shows weakness as early day prices fall nearly 2 cents a bushel amid ideal weather for the new crop. Weekly weather and crop bulletin notes rapid northward planting and splendid soil. traders optimistic on seed corn. Technicals aided by heavy selling. May holders liquidate, shifting interest to July. Oats fall then rally. cash demand weak, more corn likely delivered on May contracts. Domestic cash houses north and west show some buying on the break. private wire quotes mixed for July.
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