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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 22 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Oct 12, 1923

Page

25

General list of bonds undergos light recession

New York Ort Today’s fast market was a call affair with flight recessions predominating the general list. Bank and investment houses reported giles Lo investors as holding up well. Some buying of United States and government treasury 4 J-4s was noted, the bonds moving up 7-32. Most other active U.S. Government issues held relatively steady. French issues inclined downward, likely pre holiday trading. Primary activity in foreign group centered on standard bonds. Numerous second-tier mortgage issues fell off in slow trading. Fractional gains were recorded by a few railroad issues and Tex & Pacific firsts. Burlington funding by and Chesapeake & Ohio convertible 42-25. Deelines in industrial group extended to textiles. Rubber and utility shares mixed.

New York Gener Wiles Lo United States Treasury Vt Aa Standard Tex & Pacific First Ds Furlington Chesapeake & Ohio Henyag Steel

Two New Factories Near Ready Increase City Floor Space

Two large plants soon start operation Jenkins Brothers and Brown Corsetto will add over half a million square feet of space. Jenkins steel valve factory on Water street aims to begin by January, employing many workers. Corsetto moves to Albert Langenegger’s plant on Federal street with modern glassed front and free daytime access. Existing buildings on Railroad avenue remain, owned by Ais Marka kytheller, with plans unclear.

Jenkins Brothers Brown Corsetto Jenkins Factory Water Street Crowd Corset Co Albert Langenegzer Federal Street Railroad Avenue Chechante Ferers Ais Mara Kytuheller

Train Engine Whistles Alarm At Factory Fire

An engineer near the Max Ams company factory in Bridgeport sounds the whistle last night at 10 48 prompting a fire response. Dows were smashed but fire did not spread. coal ignited by spontaneous combustion caused minor damage. Bridgeport and Fairfield crews from multiple units joined the alarm.

Max Ams Conpony Bridgeport Fairfield Apparatus Number 11 Number 2 Chemical Company Numnipor 4

Federal Reserve Bank of New York Reports October Condition

The statement of the condition of the Federal Reserve Bank of New York as of business October 10 lists total reserves at 986,209,197.52 dollars with bills discounted secured by government obligations and open market holdings. It shows deposits totaling 811,541,449.147, and FDR notes in circulation totaling 471,075,225.50, with the reserve ratio at 3.5 percent.

New York, Or Teeserve Bank of New York Kor Okners Ugh Serena

Man on Probation Held for Drunkenness

James Dillon of Mainstreet was arrested Wednesday for drunkenness. In City court yesterday he was sentenced to 311 days in jail and released on probation with execution of sentence suspended. Last night, for the second time within 24 hours, he was arrested for drunkenness.

James Dillon Mainstreet Wng

Greenfield men fined in state game law cases

Smitty Jr of Greenfield was fined and costs after being arraigned in Tow s d court for hunting ducks after sunset in violation of state game laws. Charley Gianfeses of Mathfield was fined 14 dollars and costs for shooting grey squirrels in the closed season and hunting without a license. Both men were arrested by County Game Warden Joseph A. Willaniwon.

Pairkfield Verdames BE. Smitty, Jr Greenfield Towsd Chartey Gianfeses Matr+ field Soth Joseph A. Willaniwon

British inflation trend sparks Franco concern

The impending British move to print more money to sustain exports prompts French observers to warn that fiduciary inflation could surpass business stagnation in harm. Jacques Bainville of Liberte cautions that England abandoning postwar policy would reverberate, raising debt servicing costs and diminishing currency trust.

Patuis Det France Suib Jacques Bainville Liber- la England America

Farm price index shows uptick in September data

Government figures released by the Department of Agriculture show farm prices paid to producers rising in September. The index for prices paid to producers reached 27 percent higher than a year ago and 6 percent above two years earlier, while the all farm level rose about 2.2 percent in September.

Washington Department of Agriculture

Market Report on Dressed Fowl and Produce Prices

Demand for dressed fowl rose with a one pound gain in price, while better meat receipts remained scarce. Western box apples sold in some markets from 2.09 to 3.00 per bushel box. Virginia Jonathan apples moved slowly amid heavy decal fruit receipts. Native grapes and other fruits showed varied prices with limited shippers, and cranberry and barrel apple listings appeared in scattered markets.

Virginia Jonathans Iibarrela New York Hartford New Slaven

Dark Market Day Shows Oil Shares Slip

NY curb market reports a very dark session with oil stocks failing to rally after crude production cuts. Industrials rally uneven as Turant Motors skids to 23 before rebounding to 25 3 8. Scranton miners see a rights rally while Gulf States Oil fluctuates between 5 7 8 and 1 0 1 8 amid limited mink activity.

Motor Industry Expansion Amazes Business World

The United States produced 3,009,000 passenger automobiles this year with an average monthly output of 105,082 cars from January to July. Production in 1922 was 194,514 monthly, while 2038 showed 159,030. The expansion marks a shift from luxury to necessity, surprising many who once doubted sustained auto demand.

Ral Conch Spee Washington United States LES Department of Gomimerce Hin Tae Noes Antomobiln Manufactusers

Stock Prices React to Attacks on Bears

New York November stock action reflected a reactionary tilt as bears faced renewed selling and heavy liquidations on bank loan collateral fears. Copper, steel, and refiners saw declines with some gains from short-covering, while producers remained under pressure and utilities showed mixed moves amid doubt about dividend prospects.

New York Get Todiy Utah Gulume Hecla Magma U.S United States Steel Crucible Steel Commonand Baldwin Studebaker Canmi Proviucers & Refiners

Chief Would Restrict State Banking

Washington Oct 11 Unificas, jton of banking under the purgetion of the federal Rover act vocated today by J P Tre New York secretary yetrnamage Nabonal Assortioun wire before the joint vonmresidenat Gone mitteo which jn Inquisins ito the failure of jhany banks to goin The few local reserve system uniformiy of regulation possible under octoral contral but ner under rylate dipaetion sin dechired would prove of benefit Wolk to tha banks and to thy pubile.

Washington Unificas Jton J. Ph. Tre New York Seerehir Yetrnamage Nabonal Vonmresidenat Gonemitteo Jhany

Realty Records and Quit Claim Deeds Summary

Realty records show quit claim deeds and merge deeds involving multiple parties across Sylvan Avenue Midland Avenue Bishop Avenue Maple Street and Broad Street. Transactions list buyers sellers and consideration amounts including 541 dollars 900 dollars and 1 dollar, with several names such as Mary Jamacak George Linley Pasquale Condet and Joseph Halko among others.

Mary Jamactik Lean Jamacak Sylvan Avenue George Albert Ainley George A. Linley Midland i Gankagg Pruss Seierno Bishop Avenue Witham Pawler Salerno Raatty Pasquale Condet Richard H. CG. Wowden Mary Iseppel Ian Corporation Broad Street Andrey Mary Pabrick Joseph Mary Halko Dover Street Mary Halk Andrew Mary Patrick Duver Alroet

Bradstreet's Work Report On Trade And Industry

The piece notes mixed signals in trade and industry with wholesale and jobbing activity high yet retail lagging. Cotton goods show weakness while general business in the south and central regions struggles. Bank clearings are not reported, and prices and credit conditions appear uncertain.

Maible Voliedrinna Verde Espreii Jobbi Husinees Hes Iitaawn Bros Mearby

New England Employment and Industry Mixed in Sept

The Department of Labor reports generally good employment and industrial conditions across New England for the six states ending September 29. Textile activity rises, woolen trades show gains, and building remains strong though housing is scarce. Connecticut plants run with part time shifts and overtime in textiles and shipbuilding, while overall housing and labor shortages persist.

New Regland States Department of Labor Eandi- Hong New England Connecticut

Wheat market slips as traders await bullish news

Chicago grain prices opened unsettled with limited buying power amid chatter of new export plans and Argentina weather concerns. December and May wheat futures drifted lower while corn and provisions also softened as traders weighed Canada shipments and Winnipeg developments.

Chicago Sirtus Germany Argentina Canada Winnipeg United States

Metal Market New York Report on Prices and Trends

The New York metal market shows mixed activity with prices steady for some items while futures edge up. Spot prices for nearby contracts drift and turnover remains subdued as traders assess demand and supply signals.

New York Bet Lyon East Srea

Honey Now Tork Market Report Closes Mixed

Oct 11 trading mood shows a high and low spread with limited activity. The closing bid sits around 4 1/2, while offers linger at the last spread as investors weigh firm demand against uncertain power plans.

Poerplannes

Cotton Market Advances on Strong Demand and Japanese Interest

Reported gains across the cotton market as the session moved higher before noon with continued demand from Southern mills. Japanese buyers were noted among buyers, while late afternoon selling increased, supported by firms such as Hirech Lilienthal and Company, with prices quoted near historic levels.

Hesége Lilienthal and Company Main Street

Great Rise in State Taxable Dwelling Houses Values

Hartford reports a 3.84 percent jump in statewide taxable dwelling house values to 704,801,203 dollars, with total state tax lists rising to 2,018,526,732 and towns collecting 41,658.11 dollars in the year ending April 1, 1923. New Haven leads in housing counts, followed by Bridgeport, Hartford, Waterbury, and New Britain.

Hartford Oct Connecticut State Prand Lst New Haven Bridgeport Smith Wateryoury New Britain

Foreign francs improve as other currencies falter

In New York on Oct 11 French and Belgian francs gained modestly while other currencies moved slowly. German marks slid to a new low at about 4 cents per 100 million.

New York

Also Mentioned on This Page

Bankers Federal Reserve Bank Atti Steel Leroo Arnald Cree Coust Reting Austin Sue Bum Chaundler Ieee Ates Arno Buyon Tlarvester le Houston Crath Moss Central ‘ West Lok Ld Davinelbie Kelly Fi Lee Tire ROU Lima Steven Tf Aye Nor & W Nor Paw Anu Otis Steel Penn Sterling Rte von Say Greenfield Hill Turant Motors Delasware Glen Alden Cou Srinas O. Aver Kwil Vereieiese Oo Ane Ous Mayers Producers & Refinera Crade Pepardigl Lusk Siverit Meanot Ladusirs uDa Bosch Magneto Lonetingatal Day Shire Ye Southern Railway Coatere Bravy Reading Lackswanna Delaware & Hudson Jersey Central Credit Men's Chief Bradstreet Colton Siduplands Ni Print Cloths Bhd Mae N. E. District Employment Service Dept. of Labor Chitama Board of Prudent TSN Metal Market Bonds Bank Stocks Connecticut Securities Investment Service For Losin,igns and Investors E. B. Merritt & Co Main Street Midgeport, Cons Land of the New World Columbus Hincks Bros. & CO Bridgeport, Conn Fritz Wenulcer Forest Park Tesing Avenue Pleasanc Eion Avene Gotmore W. H. Moffitt NOBLE Crofut & Knapp Company Dobbs & Company Roconors W. R. Bull & Co. Care First Rational Bank
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