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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Oct 11, 1922
Page
17
Local Produce section reports near normal wholesale market with higher tomato and boss variety prices. Prices for apples grapes pears and vegetables show varying gains, with butter firm and beef weaker. live stock and meats prices listed.
New York stock desk notes mixed action in rail securites and bonds with Union Pacific and Pennsylvania among leaders in declines while Atchison and Chicago lines show small gains. Convertible issues from Norfolk Western and Chicago and Alton rise, odd weaker spots include New York Railways and Southern Pacific. copper and Mexican Petroleum show minor gains amid price shifts.
Chicago grain prices edged lower on subdued demand and unsettled terms from Allied offers. Wheat firm at first due to Liverpool values and US crop concerns. corn and oats weakened modestly while provisions held steady amid frost caution and uncertain funding. Foreign exchange scene noted without detail.
Fragmentary stock and commodity notes from New York show irregular quotations with low, mid, and high figures and some reference to prices such as 41.44 and 21.69, without clear context or full itemization.
Readable portions note a dairy and egg market with items like white eggs and brown eggs, plus a Wisconsin rail line reference. The text features prices and product mentions but is heavily garbled with stray letters and nonsensical sequences.
New York trading sees heavy speculation and volatile moves in high priced oil stocks and steel equipment. Standard Oil airborne gains fade as call money rises to six percent. Mexican and American Petroleum share activity fluctuates with the broader market weakness by session end.
Liberty bonds figures show mixed activity with quoted highs and lows. New York money market notes and loan acceptances indicate ongoing financial moves as sellers and buyers respond to shortages and yields.
Washington reports improved business conditions via poste receipts across major U.S. cities. Officials note a recovery from rail and mine strikes, with October totals expected to exceed 8.
Market notes from New York on October 16 show electrolytic spot quiet, tin mostly unchanged with slight delivery refrains. Prices for zinc and other metals drift, while refiners report steadiness in premium offerings and limited movement in related markets.
New York October 10. Directors of the National Biscuit Company voted to submit to stockholders a proposal to authorize stock and to change its par value from 100 to 250 dollars per share. If approved a 5 percent common stock dividend would be issued for each 100 share held. A special meeting set for November 25 will vote the proposal, while the regular cash dividend on common stock was withheld. Preferred stock dividend remains payable November 29 to holders of record November 17. Woolworth shows gains as September safes rise, with nine month totals up 13.204 million.
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