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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
May 12, 1921
Page
15
An editorial promotes advertising as a mirror of commerce guiding readers to dress well, save money, and gain value. It argues advertising reveals merchandise quality and service, enables informed buying, and makes daily shopping profitable with pencil notes and newspaper ads.
The market contends with Germany's reparation acceptance and renewed competition, as steels and related shares fall while other sectors like motors and rails fluctuate. Dividend cuts, reduced demand, and wage readjustments shape a cautious trading day with money rates firm and foreign exchange active. Market perspective highlights German settlement impact and rising Mexican recognitions amid mixed domestic signals.
Creditors of Caniz and Son filed for bankruptcy with assets totaling 4 SA 854.98 including 14 500 real estate and 1 422 in accounts. First meeting set for May 22 at 8 20 o'clock. John Woonworth, grocer, filed petition stating insufficient cash to pay filing fee and petition shows 619 including 200 stock in trade.
The Senate approved the emergency tariff bill by a 61 to 26 vote. Utah Senator King opposed the measure’s anti monopoly provisions and pledged to seek a Senate investigation. Debates centered on raising rates for long staple cotton and exemptions for farming implements, with several amendments defeated or rejected.
In an afternoon edition, Curb Market Anslem reports on a bankruptcy petition and states Block and Schoanweher own Bridgeport Paper Co. I Baum, denying the claim, says he is president of Bridgeport Paper Co and operates at 18 Water Street. The note indicates a court action to satisfy a creditor firm.
Yesterday's stock transactions show demand keeping pace with supply but indicators suggest an increased supply through the rest of the week. A combination of cherry bark with sweet apple for a dessert is proposed and could offer change to the consumer.
Wheat futures strengthened with gains around 24 to 44 cents as June and July prices advanced. Corn rose about 9 and oats surpassed 4?% with support from winter wheat optimism in Kansas Nebraska and surrounding states. Provisions also firmed aided by German reparations news and renewed demand.
A shipment valued at 11 million in gold arrived in New York from Sweden aboard the steamship United States. In Bridgeport Fairfield County Superior Court, Judge John P. Keloge confirmed Jonathan Grout as permanent receiver of a defunct corporation, with a four month deadline from May 3, 1931, for creditors to file claims, notice to be published in The Bridgeport Telegram.
Market conditions show light supplies with steady to higher prices for eggs and dairy. Fruit and vegetables including apples, berries, asparagus, beets, onions, potatoes, spinach, and rhubarb are listed with varied prices, while the canning season approaches and sugar remains plentiful.
Realty records show quit claim deeds involving Taco Cahen to Abrahant Braces and Morris Kipnits on Sneechton and Ogden streets. Deeds record transfers from Harry DeFerrari and others, including multiple DeFerrari heirs, to various grantees on Main and Savoy streets, plus North avenue and Grandfeld avenue. City Saving and other banks record realty transfers to Dora Falk and Cora Ames Walter, with several fees and lot sizes noted. certificates of attachment list claims against Franke and others and a Schware Brothers case.
The Passo Capper company proposed paying a daily dividend of a few cents due to unsettled market conditions. The Connecticut Bridgeport Probate Court in Bridgeport District issued guidance on claims against the estate of Sarah B. Martill, late of Bridgeport, requiring creditors to file within six months. Debtors are instructed to settle promptly with currency and notify Jute Mottinl at 44h North Ave, Gadgeperi, Conn.
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