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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

May 30, 1923

Page

11

World Banks 10 Handle Sale of Austrian Bonds

Paris May 29 Preliminary talks finalize American share of the Austrian government loan. Morgan & Co will distribute the $25,000,000 in the United States at about 7 percent interest. Lamont reports plans to price and terms soon, with Britain France and other nations providing guarantees.

World Banks Morgan & Co Paris Associated Press Austrian Loan Commission Thomas W. Lamont J. F. Morgan & Company Baron Franckenwein Pierre L. Bark F. H. Nixon Austria Lamont America New York I Ig London Hom Baron Franckentein Bsow Great Britain France Italy Reletum Lo Sweden Denmark Holland

Local Produce Market Report May 1923

Liberal offerings and active trading on the morning wholesale market. Spinach from surrounding towns heavy and price reductions to clear loads. Lettuce firm. strawberries center of attention with liberal receipts but lower bulk prices. New potatoes about $1.00 per barrel lower. cabbage from the south not attaining earlier high prices. Western dressed meat firm to higher. lamb about two cents below last week. Butter weak. eggs slightly weaker as weather worsens shipments. Prices cover fruits, vegetables, poultry, dairy, meats, hay and grain with varied regional quotes.

State Board of Agriculture Texas Connecticut Kennery Western Dnor

Grain Market Edges Lower as Liquidation Sinks Wheat

Chicago May 29 Persistent liquidation on wheat contract deliveries this month weighed on the grain market. Prices finished steady to down a shade, with corn gaining strength as hedges against shipping saloon were removed. Oats tracked wheat lower while provisions hovered near yesterday’s levels before later rally with corn.

Chicago Shorts Gnsatp Kansas Hater

Quiet Trading Drives Rail, Steel Stocks Higher

New York May 19 dull pre holiday session sees mixed moves in Industrials and Rails with modest gains in Crucible steel and Erie issues. Large blocks traded on American locomotive Baldwin Studebaker and copper metal shares while rails rose on strong April earnings. call money held at 4 1/2 percent with time money and commercial paper at 4 percent.

American Locomotive New Top National Copper American Smelting Studebaker Crucible New York Crucible Steel Sreck Baldwin American Can Calfornia Petroleum Canadian Pacific Pittsburgh & West Virginia Erie Erie Common South Western Common Peoria & Eastern Ad Watern Pacific Steel Trade Basla

Pay Increases Spread Across Major Industries

Washington May 29 The Labor Department survey shows wage scales and longer operation of plants lifting average earnings per worker in most industries. In thirty days foun dries and machine shops up 2.6 percent while chemical plants rise 5 percent. Brick making up 4 percent. Fertilizers 10.7 percent lumber 4.8 percent cotton mills 3.4 percent slaughtering and meat packing 2.3 percent knitting 2.1 percent furniture 1.1 percent autos 0.9 percent leather 0.4 percent. Auto workers rose earlier as production climbed. Clothing plants fell 11.6 percent due to seasonal changes.

Ralph F. Couch Washington Department of Labor Lihor

Realty records show multiple warranty and quitclaim deeds

Real estate transfers list John Chamberlain to Paul Tymniak and Rosie Tymniak on Reservoir Avenue and various deeds including David Greenbaum to Samuel Greenbaum on Beach View Avenue and Arnold Neal to Arnold Neal and others on Park Avenue. Mortgage and other transfers involve Mountain Grove Street and Linen Avenue withAmounts ranging from 200 to 3000 dollars.

John Chamberlain Paul Tymnlak Rosie Tymniak Reservoir Avenue David Alma Greenbaum Samuel Greenbaum Beach~view Avenue Francia W. Marsh Arnold A. Neal Park Avenue Vincenzo Smeragiuolo Tudogleo Mineo Vincenzo Mineo Weatlawn Heights John C. Chamberlain David T. Taine Myrtle Avenue Julug Gordon Frank Augert Pautine Augert Mountain Grove Cemetery Mechanics and Farmera Savings Bank John Rumbera Tillsside Avenue Christopher Burnwell Frank Augort Pauline Augort Mountain Grove Street Mechanics and Farmers Savings Bank George G Alice Parten Percy P. Andersen Courtland Street Bridgeport Savings Bank John Bumbera HHS Wide Avenue Frank Algart Julius Gordon Ausort Pauline Augert Mechanton and Marmners Savings Bank Thomas T Semon Mechanics and Farmere Savings Bank Linen Avenue Fgiberatn Berardi Theman

Curb Market Mixed Signals Ahead of Holiday

May 29 New York curb market was slow with minimal trading and flat prices. Opening confidence faded as values eased. end of day quotes were broadly unchanged amid holiday preparations. Big moves were scarce. durable interest focused on American Locomotive and gasoline refiners while other sectors traded lightly.

New York Stork Durant Motors Potor Lsmuen Maracaibe Oitza

Metal Market New York Report May 29

Metal market notes from New York on May 29 show electrocyde spot and futures at 18 16 14, tin at 42.50 spot and 42 futures, various Northern and Southern No 1 No 2 grades listed, and tantalum around 6.39 to 6.41 for spot delivery. Antimony price noted at 7.14.

New York Pat Rio Int Corp Ae & Tel Wiss Atchison Beth Steel Brook Sono Butte C Callahan TiSue Chi & Alton Crue Steel Aia East Kodak Erie Fleischmann Ox Founda Co Houston Oil Inland Steel Dones Bros BR Gtby Ag Kelly Bog Tire Kelsey Mont ‘Ward Mather Lode NH &H North Amer BTA Shell Sinclair Spicer Thy Stanay Studebaker TexCo Tidewater O Union Pacific ROD USA Hubber

Erie mortgage market shows gains amid holiday bond trading

In quiet pre holiday action on May 29 New York reports buoyant U S government bonds and gains in Erie railroad issues led by Erie Hiena. Several issues rose over a point with other rail mortgages trading unevenly while high grade industrials remained steady and bankers note an oversubscribed Associated Simmons Hardware 10 year note.

New York Erie Railroad Hiena U. S Lyons and Marveille Erle Janes Westchester Boston Ateady Union Marland Associated Simmons Hardware Company

New York Building Trades Won't Strike On June Fifth

New York Building Trades decide to defer a planned strike affecting about 210,000 workers. Delegates vote to grant extra time for the unions and councils to consider wage demands and the ongoing negotiation process with employers.

N. Y Lataeterr New York Building Trades Players

Treasury to Review Silver Sale Offers

Washington May 2 A government announcement said a suspension of silver purchases under the Pittman act will continue tonight until it can be determined if the value of offers ahead accepted exceeds the 200000 cap authorized by law.

Washington Wag Wade Pittman AC

Industrial Boosting and Home Week Plans in Bridgeport

Warren D. Blatz of Bridgeport Brass cites local plants as world suppliers and urges civic drives. Better Homes Week is set for June 4 to 10 with a fall plan for a retail board fete. Building permits last week totaled 41 valued at 87,123 dollars, up from 28 permits at 38,395 in 1921. The Duff Mfg. Company has incorporated.

Warren D. Blatz Bridgeport Brass Company Blatz Bridgeport Chamber of Commerce Bridgeport America Bridgeport Menishants The Chamber of Commerce

Checks Cleared Signal Stronger May Business Abroad

May out-of-town checks cleared through First National show a 44 percent rise from a year earlier, reflecting higher activity with foreign and domestic buyers outside Bridgeport. The May index stood lower than April by about 17 percent, with 1922 and 1928 figures listed for January through May and showing varying levels of clearing.

First National Bank Bridgeport First National

Foreign exchange market in New York quiet on may day

Trading in foreign exchanges was uneven in New York on May 29. Sterling fell to 4 62 per dollar, francs slipped to 6 60, and several currencies including the Argentine peso and Belgian franc showed declines amid new legal controls. Demand figures and par values varied across nations, with notes on Austria, Greece, Norway, Denmark, Czechoslovakia, Finland, and other currencies indicating mixed activity and price movements.

New York Stirling France Rence OG Austria Greece Lemand Demind Norway Denmark Iban Shain Cuscho Slovakia Finland

Money Market Report Highlights Rates and Loan Offers

Money New York reports on the debt market with call money firm at 41, high and low caps noted. Closing bids show 51 4 for loans, while call loans against acceptances stand at 4.

New York

Isolated systems hampering rail progress says expert

Washington May 20 The Interstate Commerce Commission heard N D Ballantine of National Railway Service Corp argue that progress in meeting transportation needs is limited by the theory of each road owning its own equipment He outlined pool ownership proposals as a path to greater efficiency The hearings probe the adequacy of current rail equipment holdings and future sessions will include outside witnesses and shipper comment Also noted a Bridgeport toy firm forms with capital of 25000 and business partners listed including NM J Duff of Hadon Street in the incorporators.

Washington Interstate Commerce Commission N. D. Ballantine National Railway Service Corporation Service Corporation Ballantine

Also Mentioned on This Page

Bridgeport Telegram U.S Ali Ages State Veya Bridgeport Trust Ret Ch Wy Hall Prlhive Pencer Ineoor Lala Valumber Abrick Ze Lezzameay ARNT MLS Iron & Sterzzzaz Clothing AZ Ralph Couch SE Ochi Pandora Metal Market N. Y. Westchester Boston Securities Treasury Toy Makers Incorporate Duff Mfg NM. J. Duff Hadedon Atrret Mutual Savings Bank Savings Bank People’s 8 Savings Bank Main Street Eastern Connecticut Power Company Tecoverso W. R. Bull & CO First National Bane Bwilding State Street Bonds Bank Stocks Connecticut Securities Investment Service For E. B. Merritt & Co Main Street Bridgeport, Cong Sreall Equitable Industrial Loan Ty, Inc Fairfield Av New England Equity Corp Hincks Bros. & CO Investment Bankers New York Stock Exchange Connecticut Trust Fund Securities Main St Conn
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