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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Sep 13, 1926
Page
15
New York reports show Labor Day afterglow lifting wholesale and retail buying, with commodity prices firming and steadying trade expansion. Car loadings hit a record, chain-store sales rose sharply, and manufacturing and steel activity stayed strong despite slower building, signaling a broadening economy.
A fragmented local page shows Houses Wanted ads, real estate agents and rental inquiries, plus items for sale like cows and farm stock. Also listed are patent office notes, spiritualist event notices, and a stray telephone listing, all in an uneven, OCR damaged layout.
Weather in late June and July severely reduced the potential potato harvest in New England. Reports indicate Maine and Vermont growth lags, while southern New England shows some improvement. Overall harvest forecasts show moderate yields with strong prices expected. drought hit northern New England and late rains affected other areas.
Funeral notices from Sept 1926 to Sept 1928 list deaths and services for Bessie Almasy Anton Gold Christian Hansen Gaetano Mancine with funeral times at various locations including 86 Success Avenue 144 State Street Lakeview Cemetery Pine Creek Road St Thomas church Worcester and St James venues. Interments at Lakeview Oaklawn and St Michael’s Cemeteries.
Irving Fisher presents weekly index figures for wholesale prices of 260 commodities and the buying power of money, with 1919 9 191% as a baseline. The article notes May 1920 peak, January 1922 low, and June July 1920 averages, referencing Fisher’s Making of Index Numbers and Dun’s Weekly Review.
Industrial rail and stock averages show mixed results with Saturday figures 44.59 and 125.96 and Friday 125.52 while total shares traded reach 875 400. Bond market minutes list first grade rails 92.47 and 92.16, utilities 94.25, industrials 160.08, and combined averages 8a.25 for month and 95.28 for age. Total bonds at par value 4 Rag.a0g.
July real estate activity fell from last year’s peak and from the prior month, with declines of fourteen and eleven points. Despite the drop, the index remains higher than normal for the period, about 64 percent above the two year average, reflecting a still high but easing market linked to building activity.
New York reports bond prices holding firm as money rates drift higher after Labor Day. Treasury bills and assorted issues see over subscription and strong foreign buying. German and French financings, Italy and Japan bonds show gains while domestic rail and copper issues rise. Market activity edges up with cautious optimism on exchange stabilization efforts.
Uneven moves characterized this week in stocks and commodities. Bond prices stayed firm while new corporate financing was sparse. Wheat and raw sugar rose. cotton dipped on mills in New England. Germany joined the League of Nations. Italian bonds fell after the Mussolini assassination attempt.
The schedules of Roderick S. McNeil were filed with Referee John Keogh showing total liabilities of 104,680 dollars and no assets. The first meeting of creditors is set for September 21 at 10 O clock standard time. Attorney George F. Mara represents the bankrupt who will be in Florida and attend the hearing. The Timken Detroit Axle Company declared an extra dividend of 1.2 percent in addition to the regular quarterly payment of 0.5 percent, payable October 1 to stockholders of record September 20. Domestic crude oil production this year is estimated at 596,926,000 barrels, up from 529,034,000 last year.
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