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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Sep 16, 1922
Page
19
In Youngstown a bank president ties gold hoarding to industrial troubles and the fearfulness of workers. He notes deposits of hidden gold increase after early hard times and again amid strikes, comparing the trend to a blood clot hindering the economic flow.
Ground was broken at Judson Place for the Summerfield Methodist Episcopal Church to be built at Ridgefield and Clermont avenues with a parsonage nearby. A lawn party at the church raised funds, drawing over 100 attendees to booths offering candy cake and ice cream. Memorial speakers included Rev. Quigley Rev. Chamberlain Rev. Olson and Wallace Botsford. Excavation will start soon with completion hoped before spring 1923.
Mrs Charles E Templeton wife of the Republican gubernatorial nominee will actively support the party ticket in a statewide campaign tour to begin in a few weeks. Police suspect wandering gypsies in Bridgeport amid jewelry theft reports. Notice of Delegates meeting for Twenty-fifth Senatorial District set for Bridgeport on Sept 22 to elect a representative to the Republican State Central Committee.
Paris detectives describe a crime detector system that analyzes air samples, clothing fibers, and other materials to identify suspects. The lab collects evidence from scenes, performs spectroscopic and photographic work, and then provides concrete proof for court. The method aims to prove who was present at a location and when.
Census Bureau figures show U S steel industry operating above year ago levels despite fuel and rail strikes. August ingot production reached 2 529 000 long tons up 35 percent from August 1921 with pig iron near 1 616 000 long tons, marking a broad recovery trend as mills run longer and pay scales rise while fuel stocks constrain furnaces.
Minneapolis hosts the National Tax Association meeting September 18 22 with officials from city state and federal levels, corporate leaders and university economists. Topics include retrenchment tax limitations and a model tax law. speakers include J T Armson, V McFadden, Frederick Davenport and Yale Wisconsin Cal Tech scholars.
A fragmented note describes slender wraps lavishly trimmed with fur, noting the trimming appears decorative not magical. The text hints at a vintage fashion description with odd wording and unclear context.
Chicago wheat rose 1 4 to 3 cents as war talk spurred nearby buying. Corn advanced 7 8 to 1 1 2 cents while oats gained about 5 8 to 1 4 cent. Provisions held firm with unchanged prices. Traders shifted from cautious to serious as fears of open conflict grew, with estimates of 1,000,000 bushels bought for trans Atlantic shipment and export demand seen lifting prices despite earlier declines.
New York reports show better trade and industry sentiment as coal strike settlement boosts activity. Improved railroad traffic, rains, and cooler weather spur buying, with tariff agitation nearing end aiding confidence. Irregularities persist, but wholesale and retail trades advance, cotton manufacturing regains pace, and payments and collections improve in various regions.
Realty deeds and mortgage transfers list numerous transactions. Names include Allen Brothers, Andrew Bandre, Elizabeth Babdre, Charles I Crowther, Christopher I Sundin, John Pace, Frank Sostarie, Nathaniel F H McPhee, Matthey J Mihaly, Tad and Adam Tamasinug, Sophia Dorothea Rhode, Ernest W Rhode, William Winter, Josopa H White, Charley Sacha, and Thomas Smith. Properties are on Madison and Highland avenues, Davis and Stratford avenues, Bennett Street area, and other local streets with values from 350 to 5,000 dollars. Several releases and attachments are noted plus warranty and quit claim deeds.
AMETAL market brief notes copper rail electrosyvikc and tin prices steady near 32.12 while nearby delivery shows 2. Lead runs and zinc prices are quoted around 6.00 with an 8.1 percent move. Antimony spot ranges 8.50 to 8.75 with St Louis delivery context included.
Call money moved unevenly with highs near 471 and lows around 4 1/2s. The ruling rate stood at 1 2 with a closing bid of 4 1/2 and offers at 6, as mixed collateral for 30 to 69 day terms appeared. Commercial paper traded from 4 1/4 to 4 1/2.
Weakness in foreign bonds unsettled New York trading with Mexican 48 and City of Margelloy shares slipping about 1¼ points. French and Bordeaux issues also weakened while Canadian bonds remained in demand. Electric, building, and railroad stocks showed mixed moves as July demand and private sales shaped the day.
Financial notes report a broad market lift on September 15 driven by commission houses and floor traders. Gulf Oil led gains with Standard Oil of New York and Indiana, Kentucky, and International Petroleum rising. Meracalbo and Fonsland held firm while Timlen Roller Reartun and Epliuite Stores fluctuated.
Sept 16 New York market report shows butter, cheese, and grain movements with modest shifts. Prices for butter tubs and fresh extras ease while lower grade and whole milk products face slight dips. a range of items from eggs to poultry display varied quotes across regions, reflecting thin demand and seasonal supply.
New York market notes price movements were irregular but with an upward undertone. Public utilities advanced 1 to 4 points, lifting many issues to year highs. Consolidated Gas, People's Gas, Laclede Gas, North American, Columbia, and Pacific Gas showed strength. Rail shares rose, with New York Central at a high and Pennsylvania and New Orleans Texas & Mexico strong. Several new favorites joined, including Spicer and Freeport Texan, while Merger rumors boosted fig on packaging. Copper shares led gains in Utah and Butte and Superior. trading remained active though some weak operations persisted. Foreign exchange stayed irregular within a narrow band as sterling demand remained firm.
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