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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

May 18, 1923

Page

11

Present Bear Market Is Misleading Expert Says

Wellesley Hills Maass May 38 The recent bear raids have driven many small speculators to expect bad stock days Babson warns short selling dangers as margins rise and brokers call for more funds He cites Stutz and Piggy Wiggly cases to show risks while noting business remains generally sound and a top may be near

Wellesley Hills Maass Troger Babsor Babson Stutz N. ¥. Slack Exchange Ars VK Babson

Market Report From The Local Produce Market

The Marketing Bureau reports mixed conditions with rising supplies of rhubarb spinach asparagus and radishes though overall middle season vegetable production was light due to slow growth. Southern strawberries and Norfolk berries sold cheaper while oranges and apples held firm. Lamb shortage kept meat buyers alert as butter eased slightly and poultry dairy products showed varied pricing amid ongoing wholesale adjustments.

Vyelsavaimn 5 Board of Agriculture Rhubard Norfolk Ond Sound Ie & Ly Taney Tenner Lean

Valor and Hope Win Back Homes in Ruined France

Paris May 17 The Associated Press reports that devastated France is recovering as residents rebuild after four years of destruction. An estimated 332,077 of 741,893 destroyed dwellings are fully restored, with more than 4,000,900 of 5,000,000 refugees back on land they love as villages like Monitdidier Chauny and others rise anew.

Paris Associated Press France Vwaring Ner Amal Ruhr counteyslTead Tein Weinkhal Maine Witich Chauny Sleo Bemme Shepe Aggia Rhone Sissons Gilly

Unclear OCR fragment from Cotton New York page

Fragmentary OCR text references telephone communications and Massachusetts utility matters. No coherent event or identifiable entities beyond general business discussion.

Market Dips as 40 Stocks Hit New Lows

Stock market weakness persisted as about 40 equities posted new low prices for the year while gains in steel and equipment sectors provided some support. Major issues including copper, chemical and energy names underperformed, with Standard Oil New Jersey and other big names seeing declines amid cautious trading. Dividends and corporate actions drew attention as U S Steel and allied firms showed resilience, while copper prices slipped to 16 3 4 cents a pound and call money hovered near 4 1 2 percent.

New York Newton Standard O New Jersey Atlante Refining Annecenda Bay Inspire Won China Nevada Cerra Paseo Goppe's Virginian Care Chemivila Aut Turai Chemical Westinghouse Rathwus Stech International Combustion Engineering Youngshows la Pan U.S. Steel Balwin Stuseba American Wall California Standard Oil, Company of New Jersey Standard Oil Company of New York Pure Oil Laval Lhence Marevilles Peine

Cotton Carry-over This Year to Be 50 Per Cent Less Than Last

A historic report states the cotton carry-over for the year will fall by about half from last year. Production remains steady while mill consumption outpaces supply, causing tighter raw cotton markets. The Department of Commerce notes a limited stock of about 4.4 million bales with American imports contributing to the shortfall. World demand trends and ongoing textile needs push prices and availability into a tighter balance.

Raphe Colcel Wastinson Venmverce Fmine

New Haven Appeals Push for Dissolution Changes and Stock Sale Extension

In a New York federal appeal, the New Haven road seeks to modify the October 17 1914 dissolution decree by returning Boston and Maine stock to public trustees. Public trustees file a concurrent appeal asking for a one year extension to sell Boston and Maine stock under the decree amid expected consolidation in New England shipping. Also, price reductions are announced by the American Brass Company on common brass, sheet copper products, and seamless tubes due to lower ingot copper and zinc prices, with ingot copper dropping from 174 to 0? not provided.

New Haven United States Court Ern Diatrict New York Boston Milne Slack Hoston Maine New England New Haven Road American Brass Company

Curb Market Recovers Some After Mixed Trading in New York

Trading volume remained restricted on May 17 as stocks showed mixed moves. Gulf Oil slipped to a new low before rallying in the afternoon while Guit Wil sparked discussion over merger plans. Mercer Motors and Douglas Pickin rose modestly, with Western States Oil and related subsidiaries offering limited exchange opportunities for par stock and small cash adjustments.

New York Hiara Gulf Oi Pennsylvania Standard Wil Indiana Elbee Eireles Olbeoc Maracaibo Mercer Motors Douglas Piclin UsLing Western States Boston Stock Exchange Middle States Susidiars Conmanies

Real Estate Listings and Mortgage Mentions Across Streets

Realty records show multiple property listings and mortgage notes across Hawley Avenue Saunders Avenue Seaview Avenue Beach Street and nearby streets. Figures include 2300 6000 and other sums with names such as Agnes Street Henry Seeley George Biyines and John Chamberlain among parties noted in conveyance or loan discussions.

Wagninty Teed Kenry i Seeley George Biyines Rextavenr Haerhein Thomas R Ward Woad Street Gnorey Tnacytaf Dralvey Catherine A. Bitfais Vealhy Nerds Arthur F Hull Grorgse Line Lis Worthen RAGE Perlaahe Ettert Minhant Romeo and Vincenze Maweier Sarnia Ce Brighe Avenue John Delhice Savelter Ferosly Beach Street Gertiude & Terry F. Cooney Realts Roerhchent Avenue DeBlasin Croarge Warrall Realty Seaview Avenue Stephen Sud Mretta Jobez Willwabelly

Metal market snapshot with varied copper and tin prices

In the May 17 market report, copper electrolytic shows spot and futures activity, tin remains firm both spot and nearby, while iron and zinc hold steady with unchanged prices. Lead stays firm at 7 95, antimony quoted around 7 49 to 7 44, with East St Louis positioning for spot and nearby.

East St. Louie

New York Reserve Bank May 16 Statement Summary

The Federal Reserve Bank of New York reports close of business May 18 figures: gold reserves 1,188,681,853.18. total reserves 1,105,188,714.18. bills discounted secured by government war obligations 124,537,074.94. other bills discounted 0,908.19. bills bought 7. total on hand 1. total earnings assets 246,091,874. uncollected items 75,180,829.24. due to members reserves accounts and deposits show several items amid continuing circulation and statutory notes.

Federal Reserve Bank of New York, Ab Tis

Foreign Exchange Markets Quiet Ahead of Whitsun Holidays

The foreign exchange desk reported dull dealings with limited movement. Sterling eased slightly against the franc to 67 cents, while the German mark hovered near 921 four and three tenths pence, reflecting cautious trading before Whitsun.

Tondon France

Loomfixers of Warren Return to Employment

Providence R I May 17 The 1850 operatives at the Warren plant Warren Ro with return to work morrow morning after a two day shut down caused by a walkout of the union Monday morning Of the non union workers whose jobs were affected one has left for employment elsewhere and a third day declared his intention to seek other work The workers report others say content and the situation remains unsettled with lingering dissatisfaction at the plant"}

Providence R. L Warren Manufacturing Company Warren Isonifizers’ Union Nonunien Uninn

Bond Market Shows Clear Shelves As Issues Absorbed

May 17 on the New York Stock Exchange reports rising demand with shelves clearing as recent issues absorbed and money remains easy. U.S. Government bonds mostly higher, Victory 43-45 down, Mexican 4s up, French issues strong, Seaboard Air Line 6s and New York Central Consolidated 43 rising. Some industrials mixed with Cerro de Pasco Copper &s and Punta Alegre Sugar %s slipping. Kelly-Springfield 6s up. Total bond sales reach 10,907,000 with an Atlanta City 3 percent offering noted.

New York New York Stock Exchange United States Victory Seaboard Air Line New York Central Consolidated Hudson &Manhattan New Havens Cerro de Pasco Copper &S Punta Alegre Sugar Kelly- Springfield Panama Atlanta

Republic of Pana Plans Early Issue of Bonds at Auctions

Reports indicate a $4,500,000 bond issue at 5 1/2 percent by the Republic of Pana. Prices quoted for the bonds ranged from 4.85 to 4.50 percent as the sale was arranged today.

Pricea Yinid

Wheat market mixed as forecasts damp demand

Chicago wheat prices edged higher on weak crop reports from the Southwest yet buying interest remained sparse. July and September prices showed small shifts while corn slid modestly. Kansas winter crop conditions deteriorated with low yields cited around Wichita. Germany bought new crop winter wheat as the market absorbed recent gains and profit-taking.

Chicago Ifc Curent Kansas Wichita

Money New York Market Report May 17

Dead money steady with bid 41 2, offer 41 4, last 4. Loans against acceptance at 4. Ruling rate 41 2. Prices show aigh 41 2 and low 4 amid market activity.

New York

Also Mentioned on This Page

Lodosiria Loas Society Fairfield Fairfield Ave The Midland Steel Products Co Mig Connecticut Thais Conan Will Worle Reamers Bull& CO First National Bark Ride Salor Corton Mindy Vasiling Jim Newding U. S. Steel Baldwin American Dag Zo Industriale U.S East American Construction Council Propuchan Meee Mariah Aue Conston Wort ‘Aan Delartmlat Cois Ee ‘Bales Parle Reuy Menervoir Avoue Promos - Werd Lapis Ward Anna IE Saecheltie Reak Fiench Street Jturvey Alorse Jennie — Et Manes Eck Hawley Avenue Why Hiawey Marse Ta Lew Tiny Reeiliy Hawley Syenur Menic Lemaa Net Metal Market N.Y. Reserve Bank Mncestot Uuvatun Tronseri Germany Bridgeport Savings Bank W. Cor Main & State Sts Westchester Fire Insurance Co Russia Insurance Co. of America Connecticut Corporation Hartford Hincks Bros. & CO Main St Bridgeport, Conn Bonds Bank Stocks Connecticut Securities Investment Service For E. B. Merritt & Co Main Street Bridgeport Conn Brooklawn Blackman & Son Fairfield Avenue
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