Schwab Sees Bright Outlook for Steel Industry
Charles M Schwab said the steel sector looks bright as a favorable third quarter report from Lackawanna Steel spurs buying in steel shares. Market closed near highs despite a rise in call money to ten percent, with railroad stocks firm though cautious about weakly earning issues amid ongoing reorganizations. Total area par value reported at 17 200 000.
MENTIONED IN THIS ARTICLE
Broaran Wall
New Fork
Lackawanna Steel Company
Charles “4. Schwab
Bethlehem Sinel Corporation
Ing
Joss
American
Smelling & Refining
Federal Reserve District
United States
Streat Ja General
Republic Iron & Steel
United States Steel Corporation Wll
Tat Republic Iron & Steels
U. S Steel
Reading
New York, Central
Texag & Page
Texas 8 Pacific
Industria
U. S.steels
Exchange Tas
Vance
H. W. Reeves & Co
Practical Men Are Very Few Among Possessors of Wealth
An analysis of leaders across industries, citing Vanderbilt era figures, noting the contrast between practical railroad and mining leaders and capital owners. It argues most top industrial chiefs lack hands on practical skills while many highly capable practical men do not hold large capital, with examples from Flagler Schwab and Judge Gary.
MENTIONED IN THIS ARTICLE
Holland
New York
Commodore Vanderbilt
James H. Rutter
Rutter
Commodore
Bo Wa
New York Central
William K. Vanderbilt
William K. Jr
Harold
Vanderbilt
William K. Ur
Wm. H. Vanderbilt
Wm. K. Vanederbilt
A. H. A. Smith
Smith
John H. Flagler
Mr. Flagler
McKeesper National Tube Company
United States Steel Corporation
United States
Jackling
Colonel Thompson
John D. Ryan
Gary
Charles M. Schwab
Irom
Slocum
William M. Wood
Dow
Flagler
Steel buying held back by pending price cuts
New York reports the iron and steel market shows slower re-adjustment with lower prices expected. The Iron Age notes signs of change in wire products and tin plate as recent sales run around 190 dollars per ton, with large independent producers maintaining position after three months of business.
MENTIONED IN THIS ARTICLE
New York
Liberty bonds closing prices from New York market
Realty Records reports Liberty bonds closing prices with values for First 48 Second 41 First 41-23 Second 1-45 Third 41-45 Fourth 41-43 Victory 38-48 Victory 4 4-49 and related figures, listing bid and settlement levels and fractions as of Oct 13.
MENTIONED IN THIS ARTICLE
Realty Records
New York
Liberty Bonds
Victory
Bridgeport Local Wholesale Market Report
Bridgeport wholesale market reports sluggish activity with prices weak for live poultry and fruit. Readily available items include native onions and Maine potatoes with high supply, while native and California produce shows mixed demand and several staples like sweet corn and beans are off the market for the season.
MENTIONED IN THIS ARTICLE
Bridgeport
New York State
York
Maine
California
Erss
Conn
ALRY
Ibalad
Private Railroad Operation Costs Debate in Chicago
Interstate Commerce Commissioner Woolley argued that six months of private railroad operation cost taxpayers about 292 million dollars, versus 2 years and 2 months of federal control. He warned of a potential 1.59 billion dollar annual freight and passenger rate increase once private operation resumes, in a speech before the National Association.
MENTIONED IN THIS ARTICLE
Chicago
Interstate Commerce Commissioner
Woolley
National Association
interstate _ commerce commission
eMeet
Chinese Consortium Progress Reported At Bond Club Luncheon
Heads of banking groups from the United States Great Britain France and Japan, forming the Chinese consortium, spoke at a Bond Club luncheon in New York outlining a far reaching program to help China get on its feet. They stressed no special loan had been considered amid the current international financial situation.
MENTIONED IN THIS ARTICLE
York
United States
Great Britain
France
Japan
Bond Club
China
New York Market Reports Cut Through October Prices
New York prices show varied movement across dairy eggs potatoes and grains on October 18. Creamery and extras rise while eggs and potatoes steady. flour and wheat hold firm with spot values for corn oats and pork noted.
MENTIONED IN THIS ARTICLE
New York
Recelme
Oreta
State
Penn and Searby Western
Maine
Long Island
Jersey
Kansas
Grain market edges up on farmer pressure and India crop notes
Chicago Ort grain markets showed fresh strength as farmers pressed for higher prices and India crop conditions fed optimism. Wheat closed modestly higher with December at 2.08 1/2 and March around 2.06. Corn and oats also moved higher alongside wheat.
MENTIONED IN THIS ARTICLE
Chicago
Clearing House Statement Details From New York
CLEARING HOUSE exchanges on Oct 12 report totals of 211 455 balances 94 260 573 sub treasury debtor 503 130 federal reserve credit balances 81 752 496 from PAG27 data.
MENTIONED IN THIS ARTICLE
New York
Sub-Treasury
Federal’ Reserve Credit Balanes
Consolidation Plans For New England Railroads Proposed
Boston October plans for consolidating New England railroad systems and linking them with connecting roads were discussed at a Massachusetts chamber of commerce meeting. Vice President Edward G Buckmind of the New York New Haven and Hartford favored unifying major systems led by Buckmind. Bangor and Ostock president Percy R Todd supported consolidation of all New England lines and standardization of construction.
MENTIONED IN THIS ARTICLE
Boston
New England
Massachusetts Chamber of Commerce
New York
New Haven
Property Transfers and Mortgages in Bridgeport Area
Warranty deeds record transfers including The Burroughs home to Artour L. Glark on Monroe street and Fairfield avenue. Francis TH Hannan to Dominick and Carmella Quinto on Eagle street. Mary to Peter Wojcicki on Maple street. Quit claim from Rafaela Manning to Marl Lon ardo Petruccelli on Burrowgas street. Bridgeport Savings Bank to Charles and Edward Nothnagle on Maple and Brooks. Mortgages list Dorhnik and Carmella Quinte to Francis H. Hannan on Eagle street for 3400 dollars. Mary L. Butler to Alsert Ty Len Renexger on Maple street for 1150 dollars. Peter P. Wojcicki to Mary L. Butler on Maple street for 250 dollars.
MENTIONED IN THIS ARTICLE
Burroughs
Artour L. Glark
Monroe Street
Fairfield Avenue
Francis TH. Hannan
Dominick
Carmella Quinto
Eagle Street
Edward Nothnagls
Mary
Maple Streat
Ry Ja Boller
Peter P. Woddent
Maple Street
Rafaela Manning
Marl Lonardo Petruccelli
Burrowgas Street
Dorhinick
Carmella Quinte
Francis H. Hannan
Mary L. Butler
Alsert Ty
Len- Renexger
Fee
Peter P. Wojcicki
Coffee futures slip to new lows amid ongoing liquidation
In New York New York Ost coffee market trends show continued decline. Futures for December and May hit fresh lows as liquidation pushes values down. Spot prices remain nominal with minor quotes and mixed notes across months.
MENTIONED IN THIS ARTICLE
New York
Wak
Prichs Nilke
Ross
Cotton Prices Dip on Wall Street Pressure in New York
Cotton traders faced renewed pressure as Wall Street activity pushed prices to new lows in early trading. Demand improved later as December neared twenty cents, with activity closing around the 20.05 level after a 20.00 trade. Port receipts were reported at 3,115, with total stocks shown near 948,798.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Dry goods market and Havana bank moratorium report
In New York dry goods markets cotton goods and yarns show weakness while worsted yarn spinners resume work for next January and knit goods stay dull. In Havana banks have used moratorium rules allowing depositors to withdraw 19 percent of current accounts and 12 percent of savings, with prices and averages noted for the period.
MENTIONED IN THIS ARTICLE
New York
Samong
Buriep
Havana
Hardinng's Election Blow to Progress
Rock Island Illinois October 12 A Republican victory in November and Senator Harding's appointments to fill four vacancies on the Supreme Court would strike a blow to social reconstruction through political action. Purley J. Christensen, firmer-labor candidate for president, warned that voting for Harding or Cox would commit the country to privilege for life of judges chosen by successsive candidates and could close the door to social progress. He linked recent court actions to prison moves by Minnesota and Kansas labor leaders and said the court could overturn the will of the people.
MENTIONED IN THIS ARTICLE
Rock Island
Republian
Taney Upnesdary
Batl
Christensen
Remahana
Kansas
Harding
Ag Co
Leibend
Thas
Mixed sentiment in raw sugar market as Cuba trends linger
In New York the raw sugar market opened mixed with traders awaiting Cuba trend developments. No sharp price moves were reported and Cuban sugar prices appeared nominal. Refined sugar sees modest inquiry, though limited to nonshipment, with prices unchanged from fine granulated levels. Also: Paris tax receipts for September fell 32,149,006 francs against budget. gross business taxed at 292,793,500 francs versus 700,600,000 expected.
MENTIONED IN THIS ARTICLE
New York
Tredh
Cuba
Paris
France
Convicts at Sing Sing Barbershop Sip Cocktails
At Sing Sing prison in Ossining New York guards report inmates in the barber shop drank improvised cocktails made from scented bay rum hair lotions and other items. Warden Lawes ordered removal of pink green and white bottles from the barber shop to curb the practice reflected in the beverage abuse.
MENTIONED IN THIS ARTICLE
Cssining
N.Y
Get. Lin
Sing Sing
Chicago Coal Prices Cut
Chicago reports coal price cuts with temptations ranging from 2 to 4 dollars a ton. Only bituminous coal shows a drop while wholesale coal once at 7 and 3 3 a ton is now quoted around 3 dollars.
MENTIONED IN THIS ARTICLE
Chicago
Minny Chicago Coal Deale
Victoria steamer Victoria voyage noted in harbor report
A fragmentary report notes the steamer Victoria near Hasburg in Vulcan yards with mention of the Hasburg American One and a 1% negts rate. The garbled text, while unclear, links the vessel to midhulghs and a telerrary WERLIX reference.
MENTIONED IN THIS ARTICLE
Idamberg
Todfre
Victoria
Lulse
Vulcan
U S Wheat Supply Shows a Decrease
U S wheat stocks on October totaled 603 090 000 bushels, down from 620 000 000 last year, with breakdowns to farmers mills and other accumulations. First quarter marketings were lower than last year, indicating weaker farm activity and a 17 percent drop in carryover from 1913. Assessor and registrar notices follow in Weston and Bridgeport with tax and voter list actions.
MENTIONED IN THIS ARTICLE
Washington
United States
Water Rates Notice for Quarter Ending October 1 1920
Notice announces water rates for the quarter ending October 1 1920 and directs payments at the company office located at 20 Main Street. Payments must be made on or before October 15 1920. Office hours shown include Saturdays from 9 AM to 12 PM. For public convenience the office will be open from 9 AM to 4 PM on October 8 and 9, 1920.
MENTIONED IN THIS ARTICLE
Weston
Parsons
City Hall
State Street
Fetclock P
WILLIAM _LOTNSBURY
Thomas F. White
Tegistrars
van Bridgeport
Conn
T Joseph Varnell
Tiny
I Varnell
Walrheld
Walfield
Jme
Also Mentioned on This Page
Lackawanna Steel
Street—Commission
Atwater Street
Park Ave
W. A. Macfarlane
Conn. Agricultural Market Service
Clearing House
Feenias
Car’ & F
Pealen Valley
R& PF
Amer
Mitta Parte
Warn Hide
Ilo Steel
Amer Inber
Tocomet
Pacyr i
Amer ‘Sinec
Anil & C Pt
Bae
Son Area
Tokua
I Bay
Nui Atoh
Lee Ban
Ea Paige
Bethiehem
Realogte
Chesapeake & O
Cal & Northw
Shell Trans & I
Uae
Texas Co
Rees Avenue
Rie, OW Witon Pacific Ae
Erie
Union
United Frult
Us Steel
Interboro
Western Union
Hardinng
Farmer-Labor
Nicloraa Loisy Apr
U.S
Elwood
Bridgeport Hydraulic Company
Temple St
Liberty
Colony
John P. Keogh
Conanilanzag
Arcad W. Po Bammend. Je
William R. Bull
Bldg
Bridgeport, Conn
A. M. Wooster
U. 5
James Staples &Co
THE
City National Bank
T. L. Watson & CO
Main and
John Streets
Times
City Savings Bank
Hincks Bros. & CO
New York Stock Exchange
Guaranty & Trust Co
Bridgeport National Bank
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