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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Dec 15, 1922
Page
9
Roger W Hobson argues bonds remain undervalued citing a long cycle of financial history. He notes a $50 yearly return for twenty years secured by a marriage bond as the cheapest option today, reflecting inflation and the potential rebound in oil prices.
The author argues that commodity prices, including be prices, move in long cycles with peaks roughly every fifty years and troughs near 1896 and 1920. A near term uptick may occur after last year’s decree, but futures suggest a slow move toward parity between farming and manufacturing buying power.
A damaged OCR item describes a medical patent remedy named PEM-ROLD and later HAAM-ROLD offered for sale by a dealer Phillips. It notes failed treatments, internal Ville remedy claims, and a purchase price mentioned in the piece.
Mrs. Margaret Campbell Good man of New York City, the only woman deep sea salvager, wins the contract to raise the three master schooner New Brunswick sunk in Lake Erie since 1859. She recently recovered Pewabic cargo from Lake Byron.
The discussion outlines how long-term bonds rise and fall with fear and recovery from 1914 to 1920. Babson argues the Major Bond Cycle drivers remain unchanged and that a late-year market offers opportunities for investors with funds and faith in the United States. The Babson index shows activity at the normal line, the highest since September 1920, suggesting activity may stay above normal for four to six weeks before a slight decline.
Bulletin reports the Missouri Kansas and Texas Railway line sold at auction for 86 3500 10 to Francis Randolph and J W Sensman Co New York bidders Hallgarten and Co of New York. A separate item notes a bill in Congress to repeal the railroad labor board. Also Edward Youns Clarke injured in a car crash in Atlanta. Senate passes state and justice department appropriations bill totaling about 55.5 million dollars. Dowager Queen of Thailand tours underwater in Rome. Fire destroys a block in Tippecanoe Cal business district. loss estimated at unspecified.
A skin specialist touts Mentho Sulphur as a quick remedy for eczema. The ad says the sulphur preparation destroys irritation, soothes the skin, and clears disfigurement with regular use as a cold cream.
An announcement from Ohio State University crop specialists lists Marvin Cox of Dresden Muskingum County and Paul Cromley of Pickaway County as members of the hundred-bushel club. Cox averaged 168.4 bushels per acre while Cromley reached 190.2.
In St. Clairsville Edward Long of Bellaire was found guilty of first degree murder in the Charles Conrad case. A woman foreman, Mrs. John Howell, handed the verdict to the court and the sentence may be the electric chair. In Defiance local officials report Defiance solidified $45 124 in municipal bonds for Baltimore and Ohio railroad improvement six years ago.
Parcel fragment indicates a city plan to pay a percentage of installation costs for viaducts on multiple streets and notes the project included raising parts of the structure.
A severe road incident caused damage estimated at over $1,000,000. The article notes the track and rights affected and mentions Quick Renails in relation to a classified ad.
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