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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Nov 22, 1921
Page
17
A cheerful pitch urges homeowners to call their heating engineer for an ARCOLA installation estimate. The ad claims low cost and fast setup, promising comfort in chilly rooms and touting ARCOLA as a self paying improvement supplied by the heating engineer as a gift to the customer.
A fragmented report discusses German industrial groups and companies amid a market rally. It mentions Armin Bay, Boia Briek exchange, and various industries including rail, paper, and mechanical works. The piece notes stock movements, buying by Credit Lyonnais, and forecasts for imports and currency stability.
The American Farm Bureau federation gained 227 878 members in 1820 2nd pew numbers 267 279 as announced by W Coverdale executive secretary at the federation's third annual convention in Atlanta Ga County farms bureaus totaled 1 486 The federation outlined plans to expand farm bureau activity nationwide through state federations distributing news reels and animated cartoons and bringing portable projectors to county bureaus at cost It also sought to reduce breakage in transit and improve railway livestock service and refrigeration to boost 1921 wool production and agricultural markets The report covers national marketing movements and the federation's broader programs
Milford Nov. 21 The finance board will hold a special session Tuesday to act on a town meeting vote instructing legalization of a Milford Post American Legion proposal. They seek 21 900 dollars to remodel furnish and equip the old Fowler home on New Haven Avenue as a town memorial for ex servicemen. To fund it a special town meeting and tax levy may be required. A taxpayer questioned the board's readiness to support the expenditure amid heavy current assessments and fiscal strain.
The bond market hits new highs across issues including Canadian and rail bonds as investors push into government and industrial bonds. Stocks fluctuate with gains in some industrials and utilities while several sectors retreat amid uneven demand and shifting rates.
Gros and Ya report gored holdings of Southern ia Edigon Co common stock from Ruciang and Sons brokers Baton. Market price at $3 with an 8 42 percent dividend yield payable quarterly. Depositors to receive holiday deposits soon. fallon dollars anticipated.
Foreign exchange markers show mixed results with several currencies fluctuating. Stockholm and Copenhagen movements are noted, with Copenhagen up by 12 points and Far Eastern values improving slightly. Names such as Sherine and Christian appear in fragmented form amid a data heavy FX brief.
NEW HAVEN reports a loss for the quarter ending September 30 with a deficit of 1,009,707 dollars and a smaller 588.12 deficit in the current operating period, comparing unfavorably to 344,095 dollars in the previous year’s period.
Clipped market list shows odd pricing for several produce items including figures like 240 and 347. Nearby entries reference eggs and figs with brief price notes though legibility is limited.
A century ago the Trench government acquired the Venus of Milo for about 130 percent of its value after midshipman Voutier discovered the statue on Milo island and reported it to a Greek monk who intervened before the ambassador secured the sale from the Sultan as a trifling amount.
Mixed stock prices and firmer money rates dominate the market scene. Steel and related shares show partial recoveries while western center gains are offset by declines in road tonnage and industrials. Demand loans edge up but short-term funds remain tight as exchange rates drift.
Grain news shows wheat futures mixed as profit taking and export outlook create varied moves. December and May contracts advanced modestly while receipts remain tight and domestic visible supply falls, yet faltering demand and bullish export hopes push corn and lard markets in different directions.
Bridgeport High School Athletic Association will host its season’s first dance tomorrow evening in the high school gym from seven to eleven. A special orchestra will provide music and faculty members will serve as chaperones. Leo Griffin is acting general chairman and has named a committee including Veronica Brennan as chairwoman with Raymond Whelan Dud Laur Emmy Low Havens Dovatry Bartwell and Elizabeth Fitzgilvens assisting.
A fragment notes fluctuating rates and acceptances with mentions of last rates and loan terms. The text is unclear but implies changes in money market conditions and potential adjustments by lenders. Entities include New York Times and generic money rate terms.
Consolidated Gas 7 percent notes were heavily subscribed and quickly oversubscribed. The issue, secured by 323 million par value of New York stock, funds a loan to acquire all bonds and most of United Electric Light and Power. President Cortelyou reports 1923 system earnings near 93 million with rates expected to exceed interest obligations.
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