Market Drops Mark One of Year’s Sharpest Breaks
New York April 25 AP heavy trading produced one of the year’s sharpest market breaks. Net losses spanned many leading issues with declines from 1 to near 9 points as General Motors, Baldwin, and others fell amid renewed selling pressure. Call money steady at 4 percent, brokers’ loans hit a record for the year as Italian exchange surged and sterling and French francs showed little change.
MENTIONED IN THIS ARTICLE
New York
Feneral Motors
Board of Direetors
Baldwin
DuPort
Marlard
Marlind, Phillips
Standard Owl
California
Skelly
Pure Wl
American Mradiator
American Smelting
Colorado Fuel, Foundation Co
General Railway Signal
International Sliver
Loose Wiles Biscuit
Tional Lead
South Porto Ricar Sugar
Stewart Warner
Vick Chemical
Woolworth
International Nickel
General Electric
Trelaware and Hudson
Atchison Lake
Sen
Aint Coast Line
Rock Island
Lihawanna
Denver
Rio Grande Western
Gulf
Lehigh Valley
Missouri Pacific
New
York Central
Reading
Sand Pacific
Maryland
Federal Reserve
New Tobacco Combine Planned by Major Firms
New York April 26 AP The New York World reports a consolidation plan by the Mutual Tobacco Corporation recently incorporated in Delaware with a capitalization targeted above 300 million dollars. Leading tobacco distributors and Wall Street figures back the effort to create a central unit controlling nationwide distribution, cut overhead, standardize credits, and form zones across the United States. The plan avoids price fixing and will follow competitive market quotations.
MENTIONED IN THIS ARTICLE
New York
New York World Today
Mutual Tobacco Corporation
Delaware
Tobbacco
Wall Street
United States
Combine
Wheat and corn rise as Liverpool quotas loom in Chicago trade
Wheat gains extend from 5-8 to 11-2 on opening amid rumors of steeper quota hikes in Liverpool. Ocean freight drop noted, corn and oats firming. May to September wheat futures show uneven movement, with marginal late declines in some contracts and small gains in provisions.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Provisiona
Stock Averages and Bond Market Totals Reported
The Associated Press stock averages show Industrials and Rails figures with daily highs and lows and total shares traded. Bond market data lists rails utilities industrials and combined averages, plus total bond sales and par value.
Shipping arrivals and financial daily balance report
Baltic and Minnedosa arrivals listed with ports and dates, plus a daily U S Treasury balance figure. The note includes ship names Jemen Leviathan and American Merchant among others and a March or April dated ledger entry. Public notices of shipping schedules and fund balances appear in a compact domestic record.
MENTIONED IN THIS ARTICLE
Baltic
New York
Liverpool
Bremen
Jemen Leviathan
Southaapton
London
Prestiert van Buren
Marseilles
Boston
Dent Decison
Yokohama
Sin Francisaca
Big Board Break Shapes Curb Market Selloff
In New York on April 25 the Curb market saw persistent aggressive selling sparked by a sharp break in the Big Hoard, with fears of a top heavy speculative position. Oil shares fell to year lows amid weak Maryland company reports, and Talosage wives dropped to record lows while utilities showed mixed results despite rising earnings. Glen Alden Coal advanced to a yearly peak, and General Electric Germany rose, as several others hit new year lows.
MENTIONED IN THIS ARTICLE
New York
Maryland
Tal'Osage
American Light and Traction
Northern States
Auburn Auto
Marmont
General Baking A
Georgenar Tire
Larkawanna Securities
Tibby Owens
New Orleans
Wall Street Notes Show Mixed Q1 1927 Corporate Results
Wall Street reports mixed first quarter 1927 results across multiple companies and railroads. Missouri-Kansas-Texas earned $1.10 a share on common, up from 79 cents. net income rose to $1,454,001 from $1,093,853. Great Northern March income rose, while first quarter figures for Midland Steel and Twin City Rapid Transit show declines or mixed gains. Continental Oil posts $14,166,604 annual 1926 income. Stannard Plate Glass incurs a first quarter loss. overall market activity includes rising New York exchange memberships and shifting asset figures.
MENTIONED IN THIS ARTICLE
New York
Twin City
Raplar Transit
Bond Market Edges Higher As Floods Softened Railway Debts
The New York bond market showed an irregular but firm tone with several 1 to 2 point gains. Flood conditions in the Mississippi Valley weakened bonds of railways serving stricken areas while other issues such as Brooklyn Manhattan Transit and Brooklyn Union Gas debentures rose to new peak prices for the year.
MENTIONED IN THIS ARTICLE
New York
Miasiesippi
Delaware and Hudson
Erie
Keaboard Air Line
Denver
Ohio Grande
Denver and
Rio Grande Western
Broklyn
Manhattan Transit
Brooklyn Union
New York State Railway
General Electric
Dairy and Poultry Lead in Farm Income Despite Crop Emphasis
A five year income survey shows dairy and poultry products yield the largest farm revenue, ahead of meat animals and grains. Fruits and vegetables now provide a sizable share, while cotton and cotton seed trails. Regional farming patterns skew away from diversified income in many areas.
MENTIONED IN THIS ARTICLE
South
Northwest
Your Money Problem by Tarland H Allen
A financial explainer discusses the word discount in stock markets using A L Brown and Company as an example. It explains how signals of dividend changes affect stock price, the idea of market discounting, and the roles of shorts and bears in price movements.
MENTIONED IN THIS ARTICLE
Tarland H. Allen
B. Brown and Company
A. L. Brown and Company
Hay
Stock Exchange
Foreign exchange rates and quotations in New York
In New York on April 26, foreign exchange quotes show demand and cable rates for major currencies. Figures cover Great Britain, France, Italy, Belgium, Germany, Holland, Norway, Sweden, Denmark, Switzerland, Spain, Poland, Austria, Romania, Argentina, Tokyo, Shanghai, and Portugal with various bid and cable values.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greene
Poland
Vaccho
Slovakia
Austrian
Romania
Argentina
Tokyo
Shanghai Montreal
Copper steady as markets reflect calm metals trade
Copper remains steady across electrolytic, spat and futures with spot near 66.50 and nearby at 65 60. Iron and lead hold at unchanged levels while zinc stays firm in East St. Louis with spot 6.12 and futures 6.20. Antimony trades around 14 with a B-8 reading.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Money market rates steady on call and time loans
Call money steady at 4 with all loans. Time loans also steady with mixed collateral 60 to 90 days at 4 3 8 to 4 1 2 and 4 to 6 months at 4 9 8 to 4 1 2. Prime mercantile paper quoted at 4 to 4 1 4.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
Bridgeport Telegram
Broadway
York
Cisss Stork
FF Edtasnond
C. Okeef
T& Cours Oor Fear Monthly
Ens
Ervice Res
Fidelity Loan Craton
John Bet
John All
Loare
Noble
New England
John Cornell
Bridgeport, Con
Commonwealth Edison Company
Plas
City of China
Curent
Hemphill, Noyes & Co
Mombasa
Suchange City Savings Berk
Bridgepost
Barpucs
Pifisdermia Foto
Pittapurga
Syracuse
Serenton
Nloany
Tobacco Combine
Associated Press
Wastington
Apri
U. S
Treas Supyy Sens
Wall Street News
Caat Iron Pipe and Foundry
Midland Steel
March
Great Northern
Southern Pacific
Northern Pacific
Continental Oil Company
Tide Water Associated Oil Company
Equalarter
Stannard Plate Glass Company
Delaweare and Hudson
Illinois Central
St. Louis
U.S
Way & Pourtay Pasouers
Coren, Ston
Campuiver Associates
Bankers Capital Company
Bridgeport
Waterbury National Bank Bldg
Waterbury
West Street
HH. Gunogt K. J. Storage J. A
Kink FR
J. Randall H. A, McKill
Paniac Pyle Anc
Hepsurn
Jonn Kron A
Connor C.F. Siemon
Comparative Quotation Bulletin
New York Bank, Trust and Insurance
Clearing House
Arees
Alwys
Thun
Rei
Ttn Sua
Wena Anes
American Bond & Mortgage
Madison Avenue
New York City
Charles I. Crosby
Bank Street
Telephone Agus
H. L. Blackman & Son
Warner Brothers Co., Inc
Atlantic Street
Lafayette Street
Seaside Park
Fairfield Ave
Bridgeport, Conn
Barnum
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