Hydraulic Co. Approves Issue Of 5,000 Shares of Stock
Bridgeport Hydraulic Co at its annual meeting authorized directors to issue 5,000 additional shares of capital stock at $100 par to raise total capital to 45.5 million. Board may consider notes totaling 250,000 for financing new developments including Easton No 1 reservoir expansion to 6.29 billion gallons. New dam plans: eight dams over forty feet higher, raising lake level. Easton No 1 capacity would rise from 1.2 to 6.29 billion gallons. New board elected with two new members and Digested officers named. memory of former treasurer Walter S. Wilmot noted.
MENTIONED IN THIS ARTICLE
Bridgeport Hydraulic Co
Hydraulic Company
Asque
Toore
Y Waston
Easton No. 1
On No
Hemteck
Alsa
Dever He Warner
Lucian T. Warner
Peter Wren
Waldo C. Yyzot
Charles C. Godfrey
Charles G. Sanford
Samuel P. Senior
C. Barnum Seeley
B. D. Taaren, Jr
Charles Curie
Arthur M. Marsh
Albert E. Lavery
Harry W. Walker
de Ver G. Warner
Dever E. Warner
Samund P
Albert B. Lavery
Tremorer
Ey . Gall
Fordney Urging US Valuation In Tariff Debate
Washington May 16 Senate debated the Tanff bill for eight hours in which only the committee rate of 25 percent ad valorem on mustard and curative plasters was approved. Capper led agricultural bloc against American valuation while Underwood and Gooding clashed over protective tariffs. Fordney urged adoption in the House and argued against under-valuation by foreign pricing.
MENTIONED IN THIS ARTICLE
Washington
Senate
U.S
Capper
Kanens
Senate Agricultural Bloc
Senator Gooding
Idaho
Underwood
Alabama
Harison
Mississippi
Mr Cumber
Republican
North Dakota
Oil
Bomer
Fordney
Ways and Means Committee
House
Pordney
Tariff Measure Moves Toward Quick Passage Likely
Washington dispatch notes Congress aims to finish the tariff bill in five to six weeks with a conference in a month. Debate fatigue grows and both parties see passage before the elections as advantageous. A proposal to transfer rate setting to a tariff commission gains traction amid party divisions.
MENTIONED IN THIS ARTICLE
Republican Party
Congress
Harding
Tariff Commission
Interstate Commerce Commission
Nalone
Remington Arms Plans Extension of Local Plant
Remington Arms proposes extending its Tocum property, using 4,025,000 from a first mortgage and sinking fund to buy buildings and equipment. The firm aims to boost its pocket cutlery department and expand the cash register division at Tilton, NY. The 446 acre site includes 523 buildings and 1,874,945 square feet of space. 1921 year results show production of over 617/27,900 firearms and cartridges, with net earnings of 582,210 before depreciation and inventory adjustments and a 308,179 net loss after write-offs.
MENTIONED IN THIS ARTICLE
Lee, Higginson & Co
New York City
Remington Arms Company, Inc
Tlton. N. Y
United State
Islen
Futlawing
Presbyterian church benevolence totals reach 7.38 million dollars
Des Moines May 16 Associated Press A total of 7 377 437 92 was contributed by living givers to the benevolent missionary and educational causes of the Presbyterian church in the United States of America North the past year These figures to be reported to the General Assembly opening May 18 show a net decrease of 173 504 03 from the prior year The Board of Home Missions received 1 052 157 04 an increase while Foreign Missions fell 773 291 57 to 2 444 143 06 General Education rose 107 1 ta to 754 45 05 and Publication and Sabbath School Work gained 57 731 58 to 456 259 60 The Church Erection fund declined 30 913 TB and the New Era Movement received 13 060 78 down 194 454 60 Meanwhile World Movement deficit was 8 306 47 down 400 544 27 from the year before.
MENTIONED IN THIS ARTICLE
Des Moines
Cassociated Press
Presbyterian Church
United States of America
North
General Assembly
Nes Moines
Presbyterian New Era Movement
William R. Patterson
Board of Home Missions
Board of Foreign Missions
Board of General Education
Board of Puliticalon and Sabbath Scheg
Average railway pay tops 1.5 million workers in 1922
Prepared by Pal Orf Wasbrington reports an average annual wage of 1560 dollars for over 1.5 million railway employees in 1922, with pay trends from 1910 to 1922 and a 105 percent rise since 1910. It notes the 1922 figure excludes only salary data for executives and highlights comparisons with steel and auto industries.
MENTIONED IN THIS ARTICLE
Wasbrington
Railroad Labor Board
Joterstae Commerce Commission
Bureau of Railway Economic
Rnte
Interstate Commerce Commission
62 Per Cent Net Gain Reported by Stratford Trust
Stratford Trust Co posted a 62 percent rise in undivided profits from December 1921 to May 11 1922. Cash and commercial deposits grew 45 percent while savings deposits dipped slightly in the period, with assets totaling about 154 605.04 dollars and overall bank conditions shown in a comparative statement as of May 3 1922 and December 31 1921.
MENTIONED IN THIS ARTICLE
Stratford Trust Co
Rec Jyar
Bankers Trust Elects Davison Replacement
May 28. Dwight W. Metrow of 7 P. Morgan and Company was elected to the Bankers Trust Company court to fill the vacancy left by the late Henry Z. Davison. He was also appointed to the executive committee formerly led by Davison and Orcus pied.
MENTIONED IN THIS ARTICLE
Sew
York
Dwisht W. Metrow
P. Morgan and Company
Bankers Trust Company
Henry Z. Davison
Davison
Orcus
French Budget for 1924 Shows 28.18 Billion Franc Expenditure
Paris reports the 1924 budget submitted to Parliament by the government totals 28,180,006,000 francs in outlays with 19,288,000,000 francs in revenue from wartime taxes profits and other temporary resources. About 3,250,000,000 francs would come from the sale of war stocks and related revenues.
MENTIONED IN THIS ARTICLE
Paris
Woman Struck by Auto on Main and Congress Streets
Miss Glarm M. Stremple of 1180 Parrott avenue stepped from a street car on Main Street at Congress Street yesterday and was hit by an automobile driven by Eugene S. Bloxson of 122 Cortaire Street. She suffered a bruised right ankle and was attended by Dr. Rolch on Main Street.
MENTIONED IN THIS ARTICLE
Main Street
Congress Street
Glarm M. Stremple
Parrott Avenue
Eugene S. Bloxson
Sue
Industrial Bonds Lead as Tractions React in Market
New York May 16 industrial offerings led by steel and copper amid bond market activity. Gains in Lackawanna deal steel and copper quotes reflect such demand while rail and utility stocks show mixed to dull movement. Liberty bonds trading lightly with no major shifts. international issues bag marginal gains.
MENTIONED IN THIS ARTICLE
Duqueens
Consolidated Gas
Pennsylvania
Southern Railways
Colorado
Southern
Seaboard Acrine
St. Lowigz
San Francisco
Foreign exchange dull yet anxious remittances rise
Foreign exchanges in New York on May 16 were duller than usual yet showed anxious remittances and firmer quotations in some markets. Central European bills eased especially Austrian, while Czech and Slovakian paper remained scarce. Rates listed include Paris and Amsterdam figures, with general weakness in several currencies.
MENTIONED IN THIS ARTICLE
New
York
Prague
Sterg
Paris
Antween
Amaterdam
Genoa
Ilre
Viena
Stockholm
Chriscianin
Copenhagen
Ewitzerland
INO
Spain
Beruin
Mars
Metal market update from New York May 11
Copper steady with futures 13.25, tin firm at 30.82 spot and 30.75 futures. Iron steady with prices unchanged. Zinc down with delivery from St Louis. Lead at 5.17. Aptominy spot 15.60.
MENTIONED IN THIS ARTICLE
New York
Hasy St Lewis
Realty Deeds and Mortgage Records From Local Transfers
Real estate transfers list warranty deeds and mortgage deeds involving numerous individuals. Names include David I. Johnsan, Elizabeth Fedak, William Tischler, Christiana Brotherton, Seeley Street and Kent Avenue properties, plus reserves on Aousa tonic Avenue and Deacon Street. Mortgage lines show W Arthur Lakiald to Thomas sac on Canton Avenue for 12 dollars, with several realized sums and addresses in Claton and Orange streets.
MENTIONED IN THIS ARTICLE
David I. Johnsan
Robert
Fadden
Herald Avenue
Elizabeth Fedak
Anna Pudel
Kent Avenue
William Tischler
Leonard Axhelm
Chaton
Herman Abrams
Ferber Richards
Seeley Street
Sylvan Avenus
Frank Garguilo
Fortuna Garguilo
Madison Avenue
Trances
Napoland
Frances
Maguule
Mecham Street
Walte- Cates
Herbert Richards
Failiayn Gardens
Thomas E. Logan
W. LaField
W Arthur Lakiald
Thomas
Sac
Canton Avenue
Lavonard Asheim
Peni Schwartz
Claton Avenue
Sarah R. Date
Cy Seyingslant
Orange Street
Carroll Avenue
Steels Still Chief Factor In Market Confusion
New York May 16 The steel sector again led a fairly active stock market with early strength in steels and related metals. Trading reached 75,000 shares as Bethlehem Steel rose on merger news with Bethlehem. Midday rumors caused renewed fluctuation with final hour confusion. Major gains in Studebaker Maxwell Baldwin Locomotive United States Steel and others surfaced on short coverings while high quality issues like Federal Mining and Smelting and American Sugar held firmer. Investors remained resilient despite announced investigations as markets showed broad support for higher quotations and stronger copper and lead prices.
MENTIONED IN THIS ARTICLE
New York
Industral
Estes
Lackawanna Stee
Debaco
Cerro
New ‘York
Lackawanna Steel
Bethlehem
Studebaker
Maxwell
Baldwin Locomotive
Crucific Steel
United States
Stee
Wederal
Owas
Phinta
American Soning
Better
parboEite Sain
Mendan Petroleumtz Ang United
Wheat market soars on Chicago exchange May 16
Grain trading surged with the Chicago wheat market showing its largest activity in months. Prices closed higher led by May at 145 3 4 and July around 128 1 2 to 128 3 4. Corn and oats rose. provisions mixed with some declines and others gains, while hog values moved higher.
MENTIONED IN THIS ARTICLE
Chicago
Market notes from New York curb trading report
Curb market activity in New York shows periods of pronounced volatility driven by profit taking. Notable gains occur in Seabird and Mexican Seabord issues as well as Teapo Dome daily output reaching peak levels. Dividend distributions and record highs are underscored by announcements of monthly dividends and substantial net working balances.
MENTIONED IN THIS ARTICLE
New York
Fensland
Kish
Sxeep
Ture
Somer
Daniels Motors
Nem Higa
Steckxchange
Sione
Iele
Money market notes on rates and loan terms
Report from New York on money market conditions shows easy money with bids around 3 1/2 and 3 1/2 to 3 2-2 for call loans. Closing prices indicate interbank lending against acceptances at 3 1/2 with last loan noted at 3 1/2.
MENTIONED IN THIS ARTICLE
New York
New York May 16 Jets and Creamery Scores Report
Fragmentary New York dateline notes Sutter jet firm and creamery extras. Mentions scoring and renovations with scattered figures and names, including Dalry and Cherema prot Ase. Unclear details but references to tables and periods in 20-28e-4 range.
MENTIONED IN THIS ARTICLE
New York
Sutter
Soemery Bek
Dalry Tude
Sg Ledalg
Also Mentioned on This Page
Lackawanna
Easton
Senator Capper
David Lawrence
K Telegram
Washington, D. C
Smoot
Tess
Marning
Shoe House Stone
Congress Frem
Supreme Cour
Remington Arms
Cutlery Dept
Reat Estate
Neaciots
Taterchurch World Movement
Vietty Jxs
Pal Orf
Geo Ape EE
Iors
Tengi
Science Service
Ans Ton
Ale Ag Ae
Aly Reduc
Ajax
Alna
Beth St
Chile
Goodrich Oh
Ran Cy
Tan Kelly
DU Kelly
Ken Con
Otis Steel
Penn & Ti
A Peoples Gas
St L & Ay
Tom
Terah
Texas
United Fruit
U & Tub
U S Steel
ORY S
Sing Utaa
RBI
Yihouse
al Enonne
Tide Rots A Neon & Co
Willys Or
Bla
Stratford Trust
Hae
Capital
Bankers Trust
Metal Market
New Tork
Migduce
Panay Rer Onch
Steels
Jmercal
Dominion of Canada
America
Connecticut
Canada
Hincks Bros. & CO
New York Stock Exchange
Main St
Bridgeport, Conn
Turdaya
Barnum
Beneficial Loan Society
Liberty Bldg
Malw
State Bank
Bridgeport Chamber of Commerce
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