U S Steel Fixes Regular Dividend on Common at 7
U S Steel announces a regular seven dollar annual dividend on its common stock fueling a broad market upturn. The day sees gains in many sectors as gas prices rise and weekly freight car loadings exceed last year's by over 40,000. Currency francs hit a new French weakness, while oil, metals, and auto shares rally. bonds steady and gold shipments move through banks.
MENTIONED IN THIS ARTICLE
Mew
York
U.S. Steel
Canada
Cail
United States
United States Steel Common
Crucibis
Gulf States
Republic
Steel Trade
Atlantic Refining
Marland
Motor Group
Fumors
General Motor
Mack Trucks
Hudson
Jordan
Pierce Arrow
Fisher
Stewart Warner
Studebaker
DuPont
Oway & Large
General Motora
Atlantic Gulf and West Indies
California
General Electric
Pullman
Texas Gulf
Allied Chemical
American Can
Davidson Chemical
Freeport Texas
General American Tank Car
National Biscuit
Vigilance The Price of Safety pamphlet offer
Hemphill Noyes Co offers a pamphlet titled Vigilance The Price of Safety for customers. It covers three investment phases and stresses annual analysis of security holdings with complimentary copies available. Contact via New York Stock Exchange member firm at City Savings Bank Bldg Bridgeport or phone Banum 7978 with city listings.
MENTIONED IN THIS ARTICLE
Hemphill, Noyes & Co
New York Stock Exchange
City Savings Bank
Bridgeport
Banum
York Philadelphie
Boston
Pittsb
Baltimore
Syracuse
Borat
Smaller cotton deals permitted at Chicago board of trade
Chicago April 28. An amendment to the Chicago board of trade rules would authorize trading in fifty bale cotton contracts instead of the current minimum of 100 bales. The proposal requires at least ten days before a vote, meeting the request of smaller shippers for a smaller contract unit.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Foreign exchange rates across world markets on April 28
The New York foreign exchange market shows easy trading with centa quotations for major currencies. Rates include Great Britain at 483 15 16 to 486 7 16, France around 8.28, Italy near 4.01 3 4, Japan at 47.50 and Shanghai 74.63 1 2, with several other nations listed from Belgium to Portugal and Argentina to Brazil.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Portugal
Stock Market Averages and Bond Sales Report
Associated Press stock market data shows first grade rails at 92.46 to 92.57 and secondary rails at 94.39 to 94.40. Public utilities trade around 4.02 to 4.16, industrials near 100.25, with a combined average of 90.35 versus 94.13 a month ago and 92.41 a year ago. Total bond sales reach 13,204,000.
MENTIONED IN THIS ARTICLE
New York
New Yorke Brock Exchange
Interborough BR
Ajax
Union Pacific Pte
Alaska Juneau Guld
Int Harvester Co
Union
Anx Caree
United Cigar Stores
United Cigar
the Bribveriers
United Fruit
Amerada Corp Ee
Art
Hank Neve
Jordan Motors
Hoffman Baen
Naa
Am Brown Bov Flee
Anson City PT
Indust Alechol
Ain Tyown Bov
Diaaig Kan City South Uy
Kanaos Gutie U
Indust Alechop
Kelty
RHO
TT & Realty Improv
Kelney
Bonn
Carray
Konnicott Copper Bsn
Bott B Steel Corp
Chicle Bay
Univernut Piotmren
Lehigh Vallaurd
Lae
Viek Chemical
Amn Inter Corp
Tarorenee
BT Asan Vv
Becel
Maracaba
Walworth
Sugefin
Marland
BOO Asn
Sumatra
Martin Ney
Warner Bros
Varry Hs Ty
Maryland
Mir Rand
Muy Dont
Weatery Union
McCrory
Foo
Westinghouse Air Br
Abe Au Bull
McIntyrn Dore
Afotor
Midate
Armour Co Ui ”. Td
Armour Co IL Ogh
Woolworth
Atchison
Wright Aeronautical
Atl Coast Line Ag
Miag Paop
Trech
Gulf of Sly
Mont Power
el Tr
Sane Montes Ward
Gulf Wip
Aw Moon
Bintar
Baltimore
Ohio
Motors
Rayuk Cigars
al Aig
Rational Bisa Mt Raty
Belding
Tiscuit
Tim
Briggs Mig Co
Brooklyn
Filson
Arty
Dklyn Manh
RAO Nevada
Aklyn Taton
Ana
Bruns Baike
Brunswitk
Ann NY Cannery
Burns Brow “ Ag
Fifa
North Santh
Et Boy
Norfolk West
North Amer Codyn
Canadian Pacific
Cerro de Pasco
Tian
Chicago
Anno Tarlie Ni Baty
Goa
Pavard
Aon Paige
Pan-am Petron Ag
Pan-Am Weatern
Hag Roy
Ford
Spo
Chriatis
Chrysler
Colorado
Pere Merquet
RSG
Cuba
BAO
Or Corp
Polhnan Co
Ana Iti
Tuvmon Chemical
Mts
del Lack West
Ray Consolidated
Neading Co
Dodge
Eastman Kodaki
Reynudits
Ruthland
Erie
Southewsaternae Uris
I. Southwest
eFirbanks Morse
Savaga Arms
Schulte Retail Btn
Seabank
Tams
RIA Nt Mk
Tayson Neagenta Corp
Rosie
Shubert Thewire Corp Gayen
Hou Iachmann
Oviation Co LO
Rano
Shion Petrolem
Os Bay
Uu Bas
Nam
Tani
Rod Southern
Tinodenera
Medtric. AB Slung
Guidry
Calle Bote
Bold Trust PS Aby
Rlewart
Wpeed
Gudrieh Co
Atrinberg Cheyererry Rewa
Goolsear
Studeaker Corp
Great North
Bay Bay
Synatington Ca
Texas
Moe Theater
Hudson Man
Seana Hudson Motor
Huny Motor
Tinton
Union Pacific
Rumor of Gas Increase Boosts Curb Oil Issues
New York April 28 AP Revival of speculative interest in oil shares rose on higher gasoline prices and merger news yet limited by last week’s crude production increase. Prairie Oil and Gas, Reiter Foster and Vacuum advanced. most others gained only fractions. Traders awaited business clarity before extending commitments as small traders pulled back. Motors rallied with the market, Stutz and Auburn up, Ford Motors of Canada fell 15 on odd lots. Electric Refrigeration rose near 2 then trimmed, Jampert Pharmacal bought. Utilities barely moved. United Gas and Improvement rose 1 1/4 points.
MENTIONED IN THIS ARTICLE
New York
Pratrio
Reiter Foster
Vacuum
Financial
United States Steel Corporation
Hrakers
Motors
Stutz
Auburn
Ford Motors
Canada
American Rayon Products
Foregn
Rand Kardex
Stromberg Carlson
Victor Talking Machine
United Gas and Improvement
Wheat futures rally after wavering start in Chicago market
Wheat prices firmed despite an initial wobble as fresh strength emerged in Chicago trading on April 28. Old crop reserves were tight, spring weather sparse, and reports of frost in Kansas and wind damage in Nebraska supported buyers, with May and July futures ending with gains alongside corn and oats and firmer hog values lifting the provision market.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Nebraska
Cotton Market Report From New York Apr 28 1920s
Amy Cotton quotes in New York trade show spot middling at 18.85 cents. Futures mostly barely steady with May around 18.60 to 18.63, June 18.44 to 18.16, October 17.25, December 16.91 to 16.92, and January 16.00.
MENTIONED IN THIS ARTICLE
New York
Amy Cotton
Spot Auiet
Future
Treasury balance report for April 23 Washington
The daily statement of the U S Treasury shows general fund balance today as 345,686,574.68 dollars.
MENTIONED IN THIS ARTICLE
Washington
U. S. Treassury
1926 Business: First Quarter Shows Mixed but Strong Start
The first quarter of 1926 saw heavy auto production up 82.3 percent from 1925, construction contracts up 40 percent, total industrial output up 14.6 percent, and bank debits nearly nine percent higher. Freight volumes rose in March, while prices fell slightly and business failures edged up. Liabilities declined from last year, and though total production lagged 1925 in some sectors, a new first quarter record in steel ingot output emerged. Overall, the year began favorably and merchants hope for a solid year ahead.
MENTIONED IN THIS ARTICLE
Llustratea
Foreign selling sends franc down again
The French franc fell to 20.22 per dollar officially and 30.29 in after hours unofficial trading as Belgians and Italians continue selling to protect their currencies. Officials oppose intervention with Morgan loan proceeds, arguing little speculation and small impact. A debt settlement in Washington is expected to influence the selling movement.
MENTIONED IN THIS ARTICLE
Washington
Realty Records and Deeds Include Multiple Property Transfers
Realty records show warranty deeds from Jacob Hausman to Irving Kleban and Karl Ruth to Patrick Ferster for parcels on Barnum and Florence Avenues. Quit claims include Benedetto to Bene detto and Kaufman transfers on Frank Street and Warren Street. Mortgage deeds list Mizak family parcels on Pixlee Place and Taft Avenue, with Bridgeport Savings Bank and others involved.
MENTIONED IN THIS ARTICLE
Jacob Hausman
Irving J. Kleban
Barnum Avenue
Karl Ruth
Patrick A. Ferster
Florence Avene
Daniel Sheahan
Vito P. Bena
Vito P. Benedetto
Danial Sheadetto
Frank Street
Minnie Kalbert
Frank Bednar
Carleton Avenue
Isaa¢ Bermah
Sarah Koft
Metal Market Update Reflects Steady Copper and Zinc
Copper remains dull with spot near 63.00 and nearby futures around 60.50. Electrolytic and spot prices show little change while lead stays steady at 7.85. Zinc holds at 0.90 in East St. Louis spot and futures, with Anthony quoting 16.50 for spot.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Anthony
Money market closes with steady rates in New York
Money steady in New York on April 28 with high 41/2, low 31/2, ruling rate 81/2 and closing bid offervant 38/4. Last loan calls against acceptances 3. Time loans steady with mixed collateral. 60-90 days 4, 4-8 months 4. Prime mercantile paper 4 to 4 1/4.
MENTIONED IN THIS ARTICLE
New York
Jast
Prime Mercantile
Shipping News Arrivals and Departures Noted in Harbor List
Shipping reports show President Tefferson arriving Hong Kong from Tacoma on April 35 and President Hayes arriving Hong Kong on April 28 then proceeding to New York. Belfuner and Terengaria entries list Cherbourg and Southampton delays with April dates. Vestris sails from Montevideo to New York on April 27, while Estonia and Volendam depart from Danzig and Rotterdam for New York on April 27.
MENTIONED IN THIS ARTICLE
Tefferson
Hong Kong
Tacoma
Hayes
New York
Belfuner
Cherbourg
Terengaria
Southampton
Salied
Vestris
Montevideo
Estonia
Danzig
Volendam
Rotterdam
Selective Bond Buying Drives Notable Market Activity
Market activity shows selective buying of bonds shaping trading as investors seek yield. Analysts note selective demand amid varying security profiles with financial institutions and individual investors adjusting portfolios.
Bond Market Reacts to St Paul Foreclosure News
New York April 28 bond market shows sharp gains in St Paul line as court forecloses and reorganizes the road. Rail and utility issues rally. Belgian and European obligations rise. Skelly Oil hits new peak on merger talk. second 40 year dukes bonds offering announced for tomorrow to finance control transfer.
MENTIONED IN THIS ARTICLE
New York
St Pan
Partha
Orleans
St- Paul
Teon
New York Central Consolidated 43
Union Pacific Hefunding
International Mencantile- Marine
White Star
Tepal
Hich
Skelly Oil
Lawyer Repeats Reports Of Plot Injustice Dept
Washington April 28 AP The name of the late Jesse Smith friend of former Attorney General Daugherty came into a Senate inquiry on moble justice. Marty Smith testified of a conversation between District Attorney Boyles and Frank Boykin now convicted on a conspiracy charge alleging Boykin and the Republican National Committee owed Secretary Mellon 2 million and that Smith collected from district attorneys who would pass it to bootleggers. Boyles’ bid for another term faces Alabama Bar opposition. he defended his administration and read commendations from Mabel Walker Willebrandt. Much of the testimony covered Harry French who had said he collected 18000 in six months from bootleggers who believed French would protect them. Boyles defended French's activities.
MENTIONED IN THIS ARTICLE
Washington
Jesse Smith
Daugherty
Senate
Administration of Justice
Moble
Ala
Marty Smith
Fenate Judiciary Committee
Boyles
Frank Boykin
Boykin
Republican National Committee
Mellon
Boles
Alabama Bar
Mabel Walker Willebrandt
Harry French
New York Produce Prices Report
Butter prices ease as receipts rise. Packing stock, No 2, 30 1 2 to 33. Regs firm. Fresh gathered extras 33 to 34 1 2. Nearby hennery browns extras at 38. Potatoes dull. 180 Ibs 10.00 to 10.25. Maine 10.00 to 10.59. Florida double headed barrel 9.50 to 10.00. Cabbages steady. South Carolina and Florida peppers 1 2 bushel 1.00 to 1.50.
MENTIONED IN THIS ARTICLE
New York
Hennery
Maine
South Carolina
Florida
Also Mentioned on This Page
U. S
Ings
Sterling Exchange
London
Associated Press
Weanesday
Treasury
Buroine
Bank Depts
Pia
Fidelity Loan Corp
le St
Bae
the Stare of
Westport
Fairfield
Stretford
Linford
Guaranty and Trust
National Bank
Bklx
Bridgevort, Conn
Hachive
Thea
Metal Market
Shipping News
St. Paul
U. S. Liberty
Liberty
Amer
The
Associated General Contractors
Amelia
A. W. Blycher
Jos. D'Agostino & Sons, Inc
Eastern Eng. & Const. Co
Hewlett Co
John Jackson & Son
Thomas Lanese Lund
Barnum
Mutual System
BANK
Bervic
State Bank Commissioner
Noble
New England Equity Corporation
Franklin Block
State Street
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