Financial News of Day Tersely Noted New York May 22
The letter from Bates McGarrah president of the Mechanics and Metals Bank argues for sound banking conditions though long war with continued care for the financial needs of the public and bankers. American Cotton Oil rises to new highs on active trading aided by firm earnings and broad interest. American Linseed and Virginia Chemical also climb while market experts see potential for inflation control and strong profits from government orders despite money limits.
MENTIONED IN THIS ARTICLE
New York
Bates McGarrah
Echanics and Metals Bank
Miller
Ublic
Wall Street
Foods-Chemicals Lead in Advance but Set Back
New York stock market rose at midday led by low priced specialties such as cotton oil linseed and Virginia Carolina but then fell back with rails and many industrials easing. U S Steel slipped after a small gain as bears used late selling. Total sales reached 5 250 000 dollars with bond prices lower and call money firm on 5.0 percent closing.
MENTIONED IN THIS ARTICLE
New York
U. S. Steel
U. S
Joan
Curb Quotations Reported by Bridgeport Bankers
Private wires of T L Watson & Co report updated market quotes for steel copper car chemicals and electricals with U S Government bonds prices and Liberty issues. Notable items include Steel pf 1105 120% and Westing Elec at 494 and 4314, plus Liberty bonds near par with slight deviations.
MENTIONED IN THIS ARTICLE
T. L. Watson & Co
Corner Main
John Streets
Bridgeport
Conn
New York Stock Exchange
Ui S Steel
3S Steel Pf
Utan Copper
Va Car Chem
Wabash Pf A
Westing Elec
West Marr
Willys
U. S
Liberty
New York Cotton Quotes From T L Watson Co
Cotton quotations show October at 2850 with high 2440 low 2370 close 2870 and December 2335 used 2208. The passage praises America as the Admiral of the Japanese who has just visited us and a wonderful country, followed by a pleased murmur from all.
MENTIONED IN THIS ARTICLE
New York
T. L. Watson & Co
America
Grains Easier Prices Lower in Quiet Market
In New York May 22 weaker demand and scattered selling eased grain prices in both corn and oats as shorts reduced positions. May corn trading in Chicago suspended with settlements near 1.28. Reports on the new corn crop favorable but cold Northwest conditions persist. Receipts at primary points light. farm stocks liberal with June or July movement anticipated. Hogs and cattle市场 mixed with receipts varying. natives and calves priced across ranges. Chicago quotes show corn and oats softening with limited demand and ongoing daily price shifts.
MENTIONED IN THIS ARTICLE
New York
Chicago
Northwest
Texas
T. L. Watson & Co
High Lwo
Net Trade Balance Surges to 1918 High Despite Decline
Washington reports that for ten months ending April 30 the export surplus over imports reached 32.432 billion dollars, up from 3.095 billion year earlier. The current year shows an 863 million drop in the American credit balance. Gold exports this year are only 86 million versus 834 million in 1917. total metal imports exceed exports by 86? billion, while metal export balance stands at 126 million. Overall, the year 1918 yields a total value balance of 3.3681 billion, above last year’s 2.462 billion.
MENTIONED IN THIS ARTICLE
Washington
Europe
United States
Ohio Tops April War Savings Stamp Sales Amid Drive
Ohio led April war savings and thrift stamp sales with 6 081 000, ahead of New York 5 019 000 and Nebraska 4 533 000. Per capita records show Missouri, Kansas, Oregon close behind while New York totals 17 203 000 and Nebraska 18 877 000 since December 1. Government receipts lag, averaging under 42 000 000 daily. June 28 drive aims to meet state quotas and raise about 4 000 000 in the year. A 0 stamp proposal would let buyers reach a 1 000 allotment.
MENTIONED IN THIS ARTICLE
Washington
Ohio
New York
Nebraska
Missouri
Kansas
Oregon
Government's May Costs Reach 50 Million Daily
Washington May 22 government expenses in the first twenty days of the month neared 1 billion dollars with a daily average around 50 million. The retirement of 904 million certificates of indebtedness this month reduces the outstanding balance to about 3 billion. Through temporary financing about 8.2 billion has been raised since the war began.
MENTIONED IN THIS ARTICLE
Washington
Multiple Local Deaths Reported in Bridgeport Area
In Bridgeport and vicinity during May 1918, notices announce the deaths of Julia Wilson Eagen widow of John D. Eagen at Bridgeport Hospital on May 20, Annie I Carey on May 21 at 135 Arch Street, Maude M Horsfall on May 22, Dr James E Wright aged 78 on May 22, and Dr William T Casey at 1228 Noble Avenue. Funeral arrangements include May 28 services at St Augustine's and St Michael's Cemetery interments, with various obituaries and funeral notices published.
MENTIONED IN THIS ARTICLE
Car & Tidy
Cot Oll Co
Am Locomo
AS & Re Co
Burns Bros
Am S & Re Co
Sug Re Co
A Tel & Tele
Am P & P
Air G & W
Baldwin Loco
Usl&hetts
Ae Balt & Ohio A
Wright-M Air
Beth Str Np
Keystone Tire
Brooklyn RT
United Motors
Cen Lea Co Tom
ABC Metals
E Chi M & St P
Atlanta
Chi & Gt W
Big Ledge
Boston & Mon
Calumet & J
Caledonia
Cri&p
Canada
Chile
Cash Boy
Chesa & Ohio
Arizona
Col F&i
Copper Valley
Colo South
Cresson
Davis Daly
Eureka
Dis Securi
Hecla Mining
Jerome Press Brie
Jim Butler
Oe Gen Motors
Goodrich Co
Louis Con
Gt Nor
Inter Paper
Ikkenna
Tours & N
Lehigh Valley
Maxwell
Texas Oil
Tob Pro
Union Pac
UN Cig
Ind Alco
S Rubber
Ebagen
Bridgeport Hospital
Julia Wilson
John D. Eagen
Elmwood Place
St. Augustine Church
St. Michael's Cemetery
Woop
Carey
Annie I
Margaret
James Carey
Arch Street
St Augustine’s Church
Horsfall
Maude M
Francis J. Horsfall
nZasnt
Wright
James Ie. Wilright
Hawley & Wilmot
State Street
Mountain Grove
Cashey
Noble Avenue
William T. Cases
Also Mentioned on This Page
Financial News
Virginia
Groun
Providence
Conlin & Green, Inc
Elm Street
iOhio
George P. Potter
Broad Street Automobile Service
Tel. Barnum
Geo. B. Clark Co
Broad Street
Mr. Blewett
Newark Shoe CO
Main Street
Dorsen Dry Goods Co
Timothy Tagsrty
STAX
Sidney EL Dodge
Tairfield County
Persor Court
SS. Bringevirt
Timothy J. Magperty
Fairlell County
Evening Post
Bridgaport
Ran Co
Roe
Frederick W. Tracy
Kalrtele County
Chalmers
Hudson
Chandler
T-Pass
P.O
Vine Street
Fairfield Avenue
Barnum
Noab
Sykes Motor Sales Co
Wairfield Ave
Ford
H. H. Ford
Stratford Ave
Batgain
Fifth Street
Chevrolet
River St
Jilver Street
Johnson
Stratford
Elmor ‘St
Detroiter
Buick
Roanster
South Avenue
P.ai
N. M.olson
Laurel Ve
Pari Avenue
Willy
TL. Watson & Co
Corner Main and Joln Sts
City of
City Hall
Howard 8 Smith
Sotice
Felipur
Sidney Eld Dodge
State OF Connecticut
Falmeyeld Quinty
Bulogheort
Wir
Fairfield County
Morning Telegram
Uyridgeport Jrust
Kigs
James Staples & CO
Bridgeport, Conn
Alfred H. Clark & Son
Main St
G. W. Klein
Rear Lyric Hotel
Fairfield Ave
Walnut Peach
Shore
Stairfield Ave
Brewster Street
Lester Wagner
Real Estate
Meles
Roth
The
Cuy National Bank
United States Depository
American Uniform Co
Lexington Mills
Wales
Mass
Kiely & Horton
John
Gilbert
Lafayette ST
Doc Elwood
Connecticut National Bank
Corner
Main and
Wall Streets
John P. Keogh
Consolidated Stock Exchange of New York
EF. Hammond, JR
J. Cowperthwait
Buckingham Ave
Merchants Credit & Collection Agency
Redmly & Doyle
Meigs
Bridgeport Burlap Sack CO
Knowlion ST
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