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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Sep 20, 1923
Page
17
Bridgeport era of 1923 reports Cotton advances again while wheat slips and stock prices stay firm. Money market eases with lower bid rates. Nip mining announces extra and quarterly dividends. Fairfield and Bridgeport banks publish condition statements and auditor attestations.
Advertises for men of unquestioned integrity and ability to work hard for a worthy cause. Promises an attractive future with a well established industrial organization. Requires communication of qualifications and experience to address Wo. 70845.
Volunteer drives for Japanese relief raise 507.14 last Saturday, boosting the grand total beyond 97,800 though official tallies are incomplete. Bridgeport Red Cross treasurer Strank T. Staples reports steady donations to his office in the Staples Bank Building, with many local churches and individuals contributing.
New York market traders rallied as cotton futures jumped amid a strong bull move. December contracts rose on active interest while concerns over floods in southern Texas and forecasts of poor harvests from a hostile weather pattern spurred demand and price gains.
Wax Bohm a well known painter died at age 65 in his summer home. Born in Rome and educated abroad, he gained international fame with early works in Sajon and later exhibited widely. He served as vice president of major art groups and influenced the Beach comers art scene. He survived by his wife and daughters.
A fragment lists dairy items with varied prices and grades including Creamers firsts and fresh Mata, Wisconsin-Whaley figures, and Skimas and BEGGS entries. Nearby whites and browns are noted with extra and firsts categories, reflecting a noisy catalog of dairy pricing.
New York stocks edged higher in a fairly active session led by key Industrial shares as investors weighed oil sector pressure and hopeful signals on productivity and midcontinent crude oil. Call money eased to 3.5 percent while foreign exchange gains supported the market, with steel and auto stocks trading firmer and gains broader across major groups.
The 1925 agricultural report shows corn areas at 103,112,000 acres, up 0.7 percent from 1924, with higher production costs and selling prices. Wheat costs exceeded by 12 cents per bushel, causing a loss, while cotton area grew 12.8 percent to 9,237,000 acres, and potato acreage fell 10 to 20 percent from last year.
In a disputed killing inside a storefront kitchen, Condello received a state prison term of 22 to 35 years after prosecutors argued self defense and the defense claimed Condello acted to protect his life. Testimony detailed a violent struggle ending with a stabbing that killed Plumbo. the coroner noted possible remorse but found no fraud in the razor used. The jury had been unable to reach a verdict earlier, and the case concluded with the judge delivering the sentence.
French issues advanced on speculation about favorable developments in the preparatory situation while oil bonds weakened. Marseilles and Bordeaux rose about 1-4 point, Lyons and French Tt Jed also up around 1-4. Mid-Contin ent crude and refinery bonds fell, Bethlehem Street dropped. Rail bonds showed mixed moves with Minneapolis and St. Louis Refunding 4s gaining 4 points. Government bonds barely changed.
The notice records transfers of realty from Evangelati Tassinari to Petronilia Tagsinari on Dewey Street and from Samuel Greenbaum to Mike Hadju on Bostwick Avenue, plus several other deeds and associated sums including $1,200 on Seaview Avenue and $3,560 on Madison Avenue, among various names and properties.
New York Sept 19 cotton futures surged late as buying momentum pushed October near 30 cents higher after a lively session. Traders watched a record rapid rise in the final minutes before the close, influenced by a French British supplier agreement and market speculation.
Morning session disposes of two cases. Edgar Foung, 23, of Brooklyn, jailed for six months for aggravated robbery. Garmillo Altrino of this city given six months, while two companions sent to reform school by Judge Bu. They secured 347 dollars from Joseph Thompson at a gunpoint.
Craine Chicago September 18 reports European buying for wheat on a larger scale with prices firming modestly. Wheat futures edged higher for December and May while corn and oats stayed mostly steady to lower. Demand from commission houses widened, exports eyed, and chatter of a new German reparations offer referenced alongside sizable ocean freight room bookings.
Market report from New York lists copper steady at 73 3/4 to 13 1/2 with futures 13 1/4 to 8. Iron shows irregularity with No 1 Northern prices at 26,000 to 27-00 and 28. Lead steady at 6.85 to 7.10. East St. Louis spot zinc at 6.40.
First Mortgage Bonds from established industrial corporations offer solid earning histories and logical reasons for high income yields. Hemphill Noyes Co, members New York Stock Exchange, at 124 John Street Bridgeport, with telephone Barnum 508, present this opportunity to buyers across major markets including New York Philadelphia and Boston.
Market activity in New York opened weak with widespread declines but recovered late on optimism from H F Sinclair who claimed California output had peaked while others argued growth continued. Blue chip oils and abrasively traded issues showed slight gains, while industrials remained mixed withParant and Midgilenlust among notable movers.
Will face a loss amounting to around 3 million from last week's frosts in Windsor Ontario. County agricultural representative Justus Miller says barley stands fine while most of the flax, oats and Burley tobacco show heavy reductions. Corn crop expected to be average in size and quality with significant declines in tobacco and flax.
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