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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Sep 15, 1922
Page
17
Fragmented notice shows Liberty Bonds sales figures with various bond types and values, including 141.12 and 100.60, across several issues and dates. The content appears incomplete with garbled lines, listing bond denominations and percentages without full context.
New York Sept 14 Confused price movements occurred in today’s bond market as local triads and railroad mortgages rose while Mexican and French government bonds fell. Treasury issues fluctuated, with several railroad and industrial bonds gaining or slipping, total sales at $15.93 million, and new offerings including Sinclair Pipeline Co 20 year gold bonds at 95.
Tokio Sept 14 The old Russian currency from the Antenay era, in use since Madivostock independence, is being gradually replaced by convertible notes from the Bank of Korea. Mr Shinro Ito, head of Vladivostock Bank of Korea, said withdrawal of Japanese troops will not harm the Vladivostock branch and denied reports of its closure. He noted Vladivostock economics will fluctuate with evacuation but investments will not suffer.
Portland cement shipments to dealers reached 14 361 009 barrels in August, up 15 percent from August 1921, signaling broader business improvement. Production totaled 11 664 000 barrels, up 1 470 000 from last year, while stocks on September 1 stood at 5 797 000 barrels. The industry now runs about 100 percent higher than prewar years, with monthly volumes well above former peaks.
Stocks on the Curb under pressure at open with sympathy to the Stock Exchange. Midday short covering caused sharp recoveries though several issues fell early. Notable moves included Simm Petroleum and Prairie Pipeline rallying after declines while Mesaba iron and Magma Copper showed volatility. Bonds remained moderately active and steady.
The Bridgeport Financial federation section of officers will hold its annual meeting with trustees and delegates from twenty organizations represented. The nominating committee will announce recommendations. retention of George S Hawley as chairman is favored. New committees and trustees will be named for the coming year, with several prominent past Community Chest workers expected to join.
In money market news from New York the call money rate held firm with high finance at 4 1/2 percent. Closing bids stood at 4 1/2 percent, offers at 6, and last loans reported near 6 with call loans against acceptances between 3 and 3 1/2 percent.
The third quarterly income tax installment for 1921 is due by midnight tonight. Failure to receive a notice does not relieve the taxpayer of the obligation to pay on time. A 5 percent penalty and forfeiture of installment rights apply to tardy payments. payments may be by cash, check, or money order made out to Collector of Internal Revenue, Hartford Conn.
The New Haven road announces the opening of a new general agency at Atlanta to cooperate with local manufacturers and shippers to the South. The office will render valuable service to the New England trade and will handle traffic concerns for both New England firms and carriers. LeRoy Hatfield is named the new agent at Atlanta to represent the road and coordinate routings to and from the South.
Chicago market reports a mixed session with wheat easing on strike settlement news and weak foreign exchange. December wheat fell to about 94 1/2 cents, corn and oats also declined while provisions drifted. Export demand remained steadier for wheat, with Canadian supply noted as a factor. traders anticipate eventual movement gains once rail service resumes.
Metal market notes New York on September 14 show copper, lead and other futures steady. Copper futures at 92.25, spot around 6.78 for antimany, wine and hast loew delivery quiet. Market maintains steady tone with nearby deliveries and unchanged lead.
Sept 14 market notes show creamery extras at various midweek prices, with fresh extra dairy tubs and cheese offerings. Buyers focus on average quality grades, with nearby white and brown turkey products listed among regional items.
New York September 14. Market opens firm on high grade railroad shares with Atchison touching 108 1-2 for a new year high. Other rails also hit yearly highs as United States Steel and domestic oils gain amid partial strike settlement signals. Exchange rates firm and money markets volatile on government funds withdrawal.
United States Bureau of Mines tests and adapts gas mask systems for industrial use including locomotive crews and furnace workers. Developments include pocket canisters with activated charcoal and soda lime, aiming to reduce sulphurous smoke discomfort and enable safer rescue in fires and explosions.
New York Sept 14 Harry Sinclair oil operator filed suits against Clark Childs Co and Chandler Bros Co brokers for 876000 damages alleging 25993 shares of Sinclair Consolidated Oil Co stock were not returned after Chandler firm failed in a liquidation.
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