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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

May 10, 1922

Page

16

National banks post asset gains in May statements

First National Bank shows assets rising to 26.07 billion with a 14.8 percent gain since December and City National Bank climbing to 9.73 million. Undivided profits grow, reserves for depreciated securities fall, and loans and discounts edge higher as of May 5.

First National Bank Cry National Bank First National City National National

Winter Wheat Crop Shows Big Improvement

A Washington report notes forecast for this year's winter wheat crop at 384,792,000 bushels, up 15,500,060 from previous estimates and 6,000,000 above last five year average. Production is expected to total 79,152 tyro tons with a Bay forecast 7,600,900 tons higher than last year. Probate Court in Bridgeport sets hearing May 9 for guardian appointment and public charity review.

Washington Mamont Bay Bishels

Swedes Deposit Russian Gold in New York Banks

Three million dollars in Russian gold arrived in New York today on steamships Oscar iT and Strangerfjord. Two million was consigned to the National Bank of Summers and one million to the Guaranty Company. Bank officials said the metal was sent by Scandinavian firms to balance accounts amid wartime commerce with Russia.

New York Oscar Strangerfjord National Bank of Summers Guaranty Company Russia

Postal receipts show rise in April totals mighty increase

Washington May 5 postal receipts at fifty selected offices rose to 22 098 000 in April an increase of 7 91 percent over the same month last year. The department cited improving business and better economy as contributing factors.

Washington Greg Post Office Department

Railroads facing mining freight monopoly study says 1921 totals

Intersta te Commerce Commission completes study showing 1 652 million tons total freight hauled in 1921 with coal and mining products at 97 060 million tons. Agricultural products lumber animals and general merchandise also moved large tonnages while total traffic fell 2 percent from the prior year. Experts note mining may overtake railroads power and push toward electric transmission reducing coal haulage burdens.

Interstate Commerce Commission Fallone Thas Tsougsh

Market Opens Then Dulls As Curbstone Weakens

New York May 9 professional operators started trading on the Gyrs Exchange with initial support from Cub commission houses. As pressure grew, prices on the Stock Exchange fell and the curb market weakened with declines across many old favorites. Oil and detergent issues showed mixed moves while motor issues softened and miners, bonds, and select stores moved unevenly amid renewed selling.

New York Gyrs Exchange Cub Commission Stock Exchange Mexican Seaboard New England Phillip Morris Sohalty Clear Glen Aldon Coal Gillette Minitg Chs Uneir

London Exchange to Adopt Longer Hours and Rules

London changes aim to extend hours, open Saturdays, and shift settlement rules. The Committee for General Purposes posted proposed rules pending May 11 confirmation. Rules include marking 1930 Bi m on ordinary days and Saturdays to show a 2:40 closing, abolishing the current Saturday holiday. Fortnightly settlement is prohibited for British funds and government securities. Options not allowed beyond three months. foreign trades to be cash only.

OXCON

Stoneham Linked as Silent Partner in Bankrupt Brokerage

Hearing in Hagerstown, Md revealed Silas Dubbe testified that Charlie A. Stoneham, part owner of the New York Giants, was a silent partner in the bankrupt Dies and Company brokerage in liquidation. Leo Bondy denied the claim, noting transfers of accounts and large security holdings valued near nine million dollars amid market activity in Chicago and Minneapolis reports.

Charlie A. Stoneham New York Giants E. D. Dies and Company Silas BE. Dubbe Cha! Hagerstown Dier Elizabeth Clark Leo J Bondy Sponcham Dubbel Wiliam Strat- Lom Strateton Dicer Bondy Stoneham

Metal Market Report From YonK Dated May 3

Northern values show 24,00a and 26 in nearby listings with 23,06a24-00 near term. Southern figures reach 17,500.18 while tonnage steady at 6 1ab for antimony and similar metals. Market observers note quiet trading and minor spot fluctuations across the period.

Nisw Yonk Gopner Electralytis

Money Market Summary From New York Trading Session

In New York money market activity, call money yielded mixed results with quotes near prior levels. Rates for overnight lending hovered around four percent as traders weighed liquidity needs and near term demand.

Enjoin George J. Gould From Suing Estate

New York May 9 Supreme Court Justice Delahanty ordered George Jay Gould not to press a $44,904,390 claim against his father’s estate while a separate $12,000,000 suit against Gould and Myran T. Herrick proceeds. An application by Howard Gould to resign as trustor was argued. testimony in the railroad case was limited.

New York George Jay Gould Myran T. Herrick Franc Wabash, Pinsburgh and Terminal Railroad Supreme Court Jnstice Delahanty Lala Jay Gould Mr. Gould Als Howard Gould

Bank and corporate actions in Connecticut and New York

Bank Commissioner Everett J. Skurges orders all Connecticut charter banks to obtain four statements as of May 9. United States Comptroller Crissenger issues a similar order for national banks. In court, the Remington Typewriter Co. suit proceeds with a board election to be decided. Judge Alverson may issue a ruling by June 1 after new briefs due May 22. New filings include Berkshire MIA Coal Co. with 1,900 shares at 100 par, Stratford Realty Co. formed to continue local real estate operations with 11 incorporators.

Guy Agams Chile Am Tire Ia Austin Ohio al & Serth Gensel Consol Text al Us Goodri Tent Crear Nor TA Kelly & Rot Linu Lake E & Isk Loews Inc Dave Bay Minn St 'Ben Alize Nat Rome Otia Lon Merce Sasetts L & San Apex Sears Tor Sinclair Oi South Fac South Rwy Baie O South Ry Dewan Stan Ab Studebakes Thyth Tebac Trans Gil Union Pac Fred Pac Aloe Teal & Bae Mar Rivisi Ag Tan West Walon Everett J Skurges Connecticut United States Comptroller Crissenger Vol National Shekhelderd Remington Typewriter Co Board of Cnmiention Vna Management Group Judes Alverson Supreme Court of New York Cites Anbml Fim Jonathan Grout Je 4 Barri William B Big City Berkshire Mia Coal Co Capital Ghock Stratford Realty Co

Foreign exchange market shows weakness across Europe

Advices received by banking indicate substantial changes in foreign exchange with central Europe and Atlantic regions showing weaker trends. Temptations toward central Europe and specific currencies such as Tavaria and Palaud are noted as exerting pressure on rates.

Bankitng Ganon Honaing Bilig Palaud

Trend of Bonds Uneven as NHL Road Stays Strong

New York May 1 The road market showed uneven trends amid uncertain conditions in the bond list. United Kingdoms were firm while Mexican government 4s and Chinese bonds displayed strength. domestic rails were erratic with St Paul and Pere Marquette notes among stronger issues. Total sales reached 10.743 million dollars.

New York United Kingdoms St. Paul Missouri Pacific Baltimore and Ohio Norfolk and Western New Buren T. Louis San Francisco Erie Pere Marquette

Local Produce Market Report from May Market Bureau

May 9 market notes report steady to varying prices across vegetables fruit and meats. Several vegetables hold last week’s closing prices while asparagus cabbage and potatoes show slight weakness. carrots and rhubarb remain actively in demand. strawberries and tomatoes command higher levels. Meat dairy and poultry values shift modestly with steady overall tone. hay and grain prices listed per 100 pounds with uneven corn bran and feed costs.

Bridgenor Market Bureau Shire Board of Agriculture Brawany Atdwins Ilyts North Florida Bonne Doalue

Warratty Deeds and Transfers Across City Streets

A garbled excerpt lists numerous property deeds and transfers involving parties such as Norm A Criddle Nelle Jeslsey Marin Napoletoano and James Napolettano with various street addresses like Navy avenue Hancock avenue and Federal street. Several entries reference amounts, fees, and banks including City Savings bank and Mechanics and Farmers Savings bank with properties on Princeton street School street and others.

School Street Predoralk A. Cooper Charles Wallington Martha Mel Wellington Mortrase Peels Andrew and Mary Olah Tsidor Ware Mary Priedman Princeton Street Oscar John Sieler Odenwald Tsance Pleischer Hancock Avenue Michael Anprison Afechanics and Farmer, Savings Bank Yeolty Feder Street Willan Graham Charles M. Wellington Jr Td Alphanics and Parminis Ravings Bank Lo Frederick A. Cooper

Stocks Irregular Close Heavy Trading Dwindling

May 9 stock market notes show irregular closing with heavy trading dwindling. Mixed leadership saw sporadic reversals and limited buying power. Oil and steel reports were tentative while New Haven hit a yearly high. total sales reached about 85,000 shares.

Jay Stock Exchange Ube Jess

Bridgeport Bank Reports May 1922 Condition

A scanned Bank balance sheet from Bridgeport area institutions details assets liabilities and statements as of May 1922. It lists United States Bonds stocks and securities cash items and reserves, with notes from The Bridgeport Trust Company The North End Bank and Trust Co and City National Bank. Endorsed by treasurers Vincent J. Young Edmund Fliunson and officers O'Brien and Noel. includes sworn attestations in Connecticut.

United States Iso Banking House Bridgeport Trust Ras Iee Ag Eey Curtis Treemurens Daposit Cartiientes Furniure Edmund Fliunson Whitney State OF Connecticut

Also Mentioned on This Page

New Haven City Banks District OF Bridgeport Ettanor Massey Iabt Board of Public Charities Weiner Ema Glenore Cully Leg J. Whaley Beneficial Loan Society Libertx Main ST State Bank Bridgeport Chamber of Commerce Fsamiel Staples State Street N.Y Great Lakes Eure Science Service Ashington B.C London Exchange Chicago Dour Cusiners Minneancux Toledo Uyrrd Ewlae Cort Agertions Metal Market Way Alterrd Jace Joy George J. Gould Suing Estate Walter Hubbel Willam Sichols Walter J.banford Jerry Pahl Tarry B. Cook Joan J. Warm Osef Umberald G. Lovell Ihagen Ha Corporators Stratford Genoa Vienna Stockholm Copenhagen Switzerland Spain Pesch Et Ieee Jt Bera Oma Ie Auotelions Waite Pal Singh NHL New Haven Road Senate Sese United States Steel Corporation Fairfield Vinesnt J. Young Er Okhe The American and Trust Co Farore Vincent J. Young Treamrer Py Itley Oth Oy Wilma L. Bakos North End Bank and Truly Company Heidgeport Conn Kay Edmund H. Judson Bridgeport Trust Company Neary Auuues STATE District OF Bridgeport Alice Watwon Court of Probats Taos HS City National Bank Bridgenot John W. Grant City National Bank Trust Dept Jung Bes Meeelt Th Casey Vic T Hincks Bros. & CO New York Stock Exchange Connecticut Securities Bridgeport, Conn Waterbury, Conan Greenwich, Conn Waterbury Nat’ Bank Greenwich Ave
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