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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

May 17, 1921

Page

15

Security Market Still Irregular but Stocks Show Resiliency

New York May 1 selling of stocks resumed in moderate volume with broad weakness across motors, steels, ships, metals and oils. Early losses trimmed late, aided by gains in Mexican Petroleum, International Paper, Sumatra Tobacco and rail issues. Foreign exchange tense amid Silesian controversy. bonds steadier. Total sales about 450,050.

New York Mexican Petroleum International Paper Sumatra Tobacco Dallas Federal Reserve Spain Liberty Asses Parvaine

Far East Partial to American Products

John C. Hugh, VP of Mechanics and Avetals National Bank of New York, argues Far East markets are vital beyond Europe. He notes rising Far East production, increasing demand for quality goods, and the need for credit and aggressive export strategy to win postwar trade, warning rivals will compete fiercely.

John Chugh Mechanics Avetals National Bak New York America Europe Far East Mit India United States Peking Tapan

Further Rise in Oil Price Feared in Oil City

Oil prices rise as industry sources forecast another increase likely by end of next week. Pennsylvania crude may reach or exceed $4 a barrel as producers curb output and store oil in pipelines and tanks. Curtailment and shrinking reserves since January drive the upward trend across producing and refining fields.

Oil City International News Service Co Ss Pennsylvania Screp Purchasing Agency Standard Oil Company Ital

Oil price surge stirs fear among independent producers

The crude oil market sees quick price lifts to 33 25 and then 4 50, with 25 cent gains per barrel. Producers cite costs above 3.50 to 4 per barrel and storage holdings as they resist selling at the new level, expecting further upward pressure as demand and supply dynamics tighten.

Ands

New York May Market Report With Dairy and Financials

Market notes show creamery extras at 20 and 25 1/4 with higher scores for creamery products. State dairy rules and cheese markers noted amid renovations. whole milk and skim offerings listed with varying grades and prices. Call money in New York firm at 6 1/2 to 7 percent. spot cotton middling price for March at 12 cents.

New York

Askam Rubber receiver hearing set in New Haven

A creditors hearing on confirming William M. McCarthy as temporary receiver of the Askam Rubber Company of Milford will be held in New Haven on Friday. McCarthy’s bond is $5,000. The company, with assets about $200,000 and liabilities around $65,000, has suspended operations since December. Appraisers E Osborne and C. T. Rack were appointed to inventory assets and report to the court.

William 3. McCarti Rost and Manufacturing Company Milford Askant Rubber Company J. W. Banka Union and New Haven Trust New Haven McCarthy Mr. McCarthy

Grain Chicago Wheat Market Rises on Cold Weather and Winnipeg Delivery

Wheat strength grew on cold weather and expectation of Winnipeg delivery with May at 1.46 and July at 1.15 3/4. Corn finished 8 1/4 higher, hogs weaker, and provisions mostly unchanged. Frost reports supported wheat while light country offerings and mixed crop news tempered gains.

Chicago Winnites Winnipegs Winnipes Mansas

Farmers' Foreign Trade Financing Drive Launched

Washington reports labor and business groups back Senator Norris's plan to create the Agricultural Foreign Trade Financing Corporation with 59 million dollars to fund long term credits for American farm products in Europe. Carl Vrooman leads the push, claiming no initial tax cost to farmers and debentures may be issued up to ten times paid-in capital to expand the program.

Committee On Organization of the Foreign Trade Financing Corporation Far East Steadihr Far Eastern Norris Nebraska Washington May Europe United States Grain Corporation Congress Agricultural Foreign Trade Financing Corporation Morris Carl Vrooman Vrauoman Asia Httle Vrooman

Realty Records Quit Cham Deeds and Transfers

Realty records list multiple deed and mortgage transfers including William I. Charles to Michael Skee, Martin Leigatin to David Senine and Isaac Wa, 20 feet parcels along Harlem Avenue, Frank Staples to Frank Miller 40 feet Howard Avenue, and Michael Yakinczuk to Lily Tisenman 50 feet on Chapel Road. Also noted are Jona Willigm Carter to Max and Clara Seeger, Mary J. Hughes, and other property movements on Arcadia Tauret avenues, Dale Street, and Noble Avenue.

Willam I. Charles Michal Sskeeor Isec Ghoprey Tiltmont Mirtin Leigatinin Dawid Senine Tsaac Wa Schine Janealroet C. Spargo William Witter Charles H. Ambler Harlem Avenue Fred J. Mayes Prankc 'T Staples Howard Avenue Lowise Whisam Overly Development Company Kalsam Avenue Dale Street Jona Willigm Carter Max Clara Seeger Palmer Rank Miller Mary J. Hughes Arcadia Tauret Mortage Mighael Yakinczuk Lily Tisenman Chapely Fil Road Jacob Dorothy Stillman Harry Colidstein Noble Avenue Charles Tuidk Hares Taynshi

Ponzi Faces Trial for Larceny May 24

Boston May 16 Charles Ponzi now jailed faces trial for larceny on May 24. U S court official overruled motions to quash indictments. Also noted are numerous civil attachments and miscellaneous legal actions involving realty, certificates of attachment, and creditors.

Boston Charles Ponzi Stohe Mouth Colony Maj Fessenden Superior Ecurk

Advertising as a Public Good in Lowering Prices

An editorial argues advertising reduces costs and expands choice by stimulating competition. It traces how pre advertising era monopolies kept prices high and quality variable, while advertising enabled mass production, better machinery, and lower prices through demand. It highlights the role of branded goods in autos and clothing and claims shoppers gain information and value from advertised products.

Morgolla China Japan Jess

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