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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

May 27, 1922

Page

19

Stock Market Gains Mixed as Bond Activity Rises

New York May 26 Bradstreet reports show overall improvement in trade industry and crops with uneven weather impact. Final distributive trade and retail buying are stronger, western surplus grain areas show progress, while the South lags due to heavy rains though cotton prices and lumber activity boost optimism. Bank clearings reach 6,806,223 dollars.

New York Bradstreet South Texas Southeast

Grain Chicago May Wheat Drops on Receipts and Deliveries

May wheat prices extended declines as heavy receipts and deliveries on contracts pushed futures lower. May closed about 3 cents unsettled. July and other months showed slight declines or small gains. Corn and oats posted modest changes while provisions moved within a narrow range.

Chicago

Market Curbs and Oil Shares Drive New York Trading

Curbstone activity in New York on May 26 shows brisk oil and mining stock interest with strong demand for low-priced issues. Independence Lead hits new high on rich ore rumors. Standard Oil and Texaco types steady. Lucid demand for Marine Oil, Carib Syndicate, and Creole Syndicate amid a generally active day. Bond prices steady with small changes. turnover heavy on floor trading and mid day rally followed by profit-taking.

New York Cord Exchange Independence Lead Ray Hercules Bom -Alaska Magma Copter Tonare Minnesota United States Steel Corpore Tan Usian Jess Agitvs Feandarg Oil Tediana Standard Oil of Kentucky Lpratris Ping Lien Orm Moxican Excnenge Fensland International Petroleum Marine Oil Carib Syndicate Creole Syndicate Standard Oil Company of New Tersey el Stene Oil Fleida Venezuela Daniels Hudson, Packard and Durant Glen Aldon Errnlk Pront Causits

Hugo Stinnes Builds Ships to Shake Russian Trade Lines

Hugo Stinnes, Germanys leading merchant, expands his ship fleet to push into Russian commerce. He plans 12,000-ton vessels named Ludendorff Hindenburg and Spirite to aid a Hamburg Bremen network. His ocean strategy includes South American routes and Nordic ore and timber trades, with aims to feed German industry and influence Russian transit by sea.

Russia Stinnes Berlin Russan Bbig America England Kldl Sweden Finland Tnug Taw Mae Scinnes NEA Service, Inc

Realty records show varied deeds and transfers

Warranty deeds list Charles J. Berger and Timothy Murphy transferring to Rubly Horswits and others at 49 feet on Main Street. John A. Barr to Berkanire Mill Coal Company at 224 feet on Fourth Washington Avenue. Quitclaim deeds include Leni Rubin to Herman Haue at 00 feet State Street and Grace Remer to American Banking Trust Company at 174 feet Krrowlten Street. Bridgepary Trust to H More Hawley and transfers to Timat Morphy at 44 feet Main Street.

Charles J. Berger Timothy Sty Murphy Rubly Horswits Aullys Maren Michael B. Harrison William B. Caplan Main John A. Barrl Berkanire Mill Coal Company Washington Avenue John Lang Ainer Allo Alfred C. Walker Realty Giiman Sod Courtland Aventies Clain Leni Rubin Herman Haue Oo Feet State Groat Grace Remer The American Banking Trust Company Krowlten Streat Bridgepary Trust Company H+ more J Hawley, Realty Normmo Street

Stock Market Inactivity Masks Gains And Losses

New York May 26 A fluctuating stock market showed gains in some leaders and certain industrials while others moved irregularly. United States Steel rose with Judge Gary addressing the American Iron and Steel Institute, but propped prices weakened on bear pressure and improving freight rate expectations. Coco Cola led gains with a 1 3 8 point rise as 2,250,000 shares traded. money rates climbed to 5 percent, reflecting easier bank loan conditions and steady time rates for longer maturities.

New York United States Judge Gary Te American Iron and Steel Institute Unkelms St. Faith Wheeling Lake Erig Cod New Harven Coalere Reading Otis Droduct Mcxican Pan- American Petroleums California Petroleum Strongth Studehakpe Baldwin Unitea Rota

U S export trade grows amid postwar price drop says official

Washington May officials from the Department of Commerce report that American exports in the last ten months reached about 3.13 billion dollars in raw and manufactured goods sent abroad. April exports stood at 521 million, up 33 percent from April 1914, with May expected to rise further.

Washington

April good month for department stores in New York

The Federal Reserve Bank of New York reports department store sales in the second district for April show the largest figure on record for any April with a 2.8 percent rise over April 1921 and 1.6 percent over April 1920. Transactions rose 1 percent though the average purchase fell from 2.97 to 2.90 dollars.

New York Federal Reserve Base Federal Reserve District

Cotton prices and markets in New York report

Cotton spot prices lead, middling at 21.50 with open and high data listed. The latest figures show varied entries including 40.98, 20.86, 10.60, and 20.40 with several codes and averages such as 19.80 and 20.27. The fragment indicates market notes and end values.

New York

New York Market Brief Clippings From The Day

Fragmentary notes report market chatter in New York with references to milk prices, creamery firsts, and wholesale listings. Mentions Staten Wholesale milk flats and nearby jawhite, with vague prices and percentages. overall market tones vary and some lines are garbled.

New York

Money Market Notation on New York Rates

Fragmentary financial note from New York references bid offers and acceptances with figures like 5 1 2 and 3 1 3. Mentions ring rate and firm money contrasts high and low quotes, but lacks complete context or entities.

New York Joan Cal Luma

Renewed Activity in Bond Market Surges in New York

New York May 26 Increased bond market activity and strength marked today's trading. Foreign investments declined while many speculative issues posted yearly highs. Liberty 1 1/4 rose to 100.36 then fell back under par. tax exempt 1 1/4 climbed above wartime levels. Domestic rate improvements featured Erie and three classes of convertibles, with Texas Pacific mortgage bonds strengthening. New offerings were small but well received, Boston area issues listed, and total par value trades reached 16,737,000.

New York Liberty United Kingdoms

Remington Co Directors Elected After Annual Meeting

Directors of the Remington Typewriter Co elected yesterday B T Winchell to succeed Frank N Kondott as president. A successor was chosen for the former president at the meeting. Rutland Railroad Co reported 1921 net income after charges of 13326 versus 382411 in 1920 and earnings per share of 14 cents. Great earnings for 1921 were 5811554 with operating expenses 3002643 producing net operating income of 308818. Boston dispatches claim no control of the New Haven system as sought by rivals. New Haven stock rose to 118, driven by market recovery. company now has over 76000 shareholders, the largest in its history. City of New Haven will accept sealed bids for 1.5 million bridge bonds, 250 thousand government public improvement bonds, and 400 thousand park bonds. Citizens Bank and Trust Co of Hartford will be organized soon, incorporators all from Hartford. A National Board of Fire Underwriters report covering 1916 to 1920 shows total fire losses of 1,678,722,677 and annual losses of 234,444,535. Oakey Deeg Stores Inc of this city incorporated for 50,000 with 500 shares at par value. will commence business with 54,000 capital. Incorporators J W Kel, C R Han, and J Te Hub from this city.

Tion Sainyes Bago Stinnca Linea Stinnes Hrpag Germany Bremen Hamburg Stinnen Tinnes Ludendorff Hindenbure Sripite Alles Tao Stinhys Ile Successful Com Brooner Remington Type 1Writer Co B. T. Winchell Rock Island 3. Louis and San Francsco Railway Co Remington Company Frank N. Kondott Kongolf Honilolf Stadeg O ‘Hy Rutland Railroad Co Boston Wall Street Journal New Area New Haven Citizens Bank and Trust Co Hartford National Board of Fire Underwriters Oakey Deeg Stores, Inc Mts S00 Stalwach Sampany Drsgmess J. Wy Kel C.r

Injunction Denied In Trunk Railroads Case

Judge Manton denied a restraining injunction sought by New England railroads to overturn an Interstate Commerce Commission order fixing freight revenue division. The ruling says courts do not review the commission’s wisdom and must respect statutory authority unless constitutional issues or lack of evidence exist. New England argues higher costs due to branch line density and per diem car hire, but the injunction was denied. New Haven report notes bankruptcy petition by Glastonbury tobacco grower Stanley Sly.

eAmerce Commission New England Unea Hudson River Menton New York Charles M. Hougl Juline M. Mayer Manton

Also Mentioned on This Page

Primp Morris Tay Segaion Fresport Texaga Buly London Cablea Lloyd-George Genoa Denmark Tate Star Chock Parla Antwerp AIS Geno Christiania Conenhagen Lao Switzerland Metal Market St. Jugulx Hugo Mitson Bronner Landsman Hugo Stianes Stinnes Ig & Landsyoan Baasaller Hugo Stinnes Dresden Elbe Coblenz Rhine France Belgium Deutsche Werft Hamburg Verkehr Frankfurt Travemundy Flensbury Stinnés Baltic Julius Maretsz Rupin Horowitz Wiliam B. Caplan Timat W. Morphy Main Strees U. S New Haven Road Cail Jpalph FE Suln Dcy Noy Science Service Wash D.C Gen Tober Maroh Commerce Department Erie Ong Fhar & SA Neti of Sierson Equitable Industrial Loan Society, Inc Fairfield Ave Ajax Ganvetan N & L Pt T & Tomei Am Chile Goodrick Hary Ipland Owig Kan Amity S “Ie Loewa_ Inc Ota Emery Ik Wort & An Nor Am Arts Orfsle Otis Ste West Wi ODM Taele M Co Walte OG Mets Inter-istate Commission Stanler Glastonbury James Staples &Co Ibs State Street Bridgeport Guaranty, & ‘Ti Company First National Bank of Bridgeport Bldg Conn Connecticut Bridgeport Gas Light CO Salt’s Textile Mfg. CO Hincks Bros. & CO New York Stock Exchange Main St Bridgeport, Conn Superior Court Harbor Avenue Noryty Black Rock Park Borg & Bjorklund Luther W. Brown Barber Ave Ume Aml Place Harbor Ave Samuel N. Schnee
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