Coolidge's Action Viewed As Adverse Factor In Markets
Stock and bond markets faced mixed reactions after President Coolidge announced he would not seek re election in 1928. The news came after closing, fueling speculation of possible adverse market moves while gains in rail and industrial shares pushed several prices to new highs. Major names like Timken Roller Bearing and Manhattan Electrical Supply surged on short covering, with various rails and big machines posting higher intraday peaks before profit taking trimmed advances.
MENTIONED IN THIS ARTICLE
Associated Press
Coolidge
Rger
I Ss
New York Federal Reserve
Manhattan
Railroad and Indus
Bank and Insurance Stock Quotations Update
Bankers Capital furnishes a daily roundup of stock prices for banks and insurance firms. The quotations cover leading banks and insurers, with figures on shares, price changes, and trading activity across major markets.
MENTIONED IN THIS ARTICLE
Bank and Insurance
Treasury balance report shows daily general fund total
The daily U S treasury statement lists a balance of 164 540 960 61 dollars in the general fund as of today August 2 in Washington.
MENTIONED IN THIS ARTICLE
Washington
Daily Statement
The
U. S. Treasury
Workers Find More People Than Jobs Across Major Regions
A U S Department of Labor survey shows a surplus of skilled and unskilled workers nationwide amid declines in general business and inventory activity. Seasonal factors drive most job losses, with Northwestern states offering the best opportunities. iron and steel centers show slight cuts, autos shrink, and shoe and construction work vary while farm labor demand grows with ample available help.
MENTIONED IN THIS ARTICLE
U. S. Department of Labor Employment Service
Ue Iron and Steel
Vshoe
NewMngland
Showiadere
Public Utility Stocks Lead In Curb Trading
Public utility stocks advanced in curb trading on August 2 as upbeat half year earnings reports sparked a broad rally. United Gas Improvement rose to 110 5-8, a new peak before profit taking pared gains. American Superpower B, Penn Water and Power, Imperial Oil coupon, Eastern Steamship Lines, Bohn Aluminum and Brass, Melville Shoe, and Pittsburgh Screw and Bolt climbed to new tops. Other notable movers included Cuneo Preserve, Johns-Manville, Grand Stores, and Standard of Indiana, while Safeway Stores and Metropolitan Chain Stores showed soft spots. Electric Refrigeration 63 led the bond market with a 6 1/4 point jump.
MENTIONED IN THIS ARTICLE
Salew
New York
HOO Childe Co
New York Stock Exchange
Chile
Chrysler Corp
Nat Louw
Antiot
Cheye Corp Part Mart
Abrwinsn
Straus US
Win Adams Xpress
Collins Ikin
Colorado
Albany
Nyc
Albay
Uae
Amerada
Chalmers
Norfolk South
Im Am
Ivynia Ath Falk West
Congress
Dlatelinta
Bilfson
Norvern
Cuba
Noadly
Ouvibua Corp Cottins
Packard
Ain
Delaware
Panhandle
Detroit
Hest
Vino BO
Devoe Ruynokia
Tso Park ‘Cilford Ffath Am
Isi
Utah
Dodge Bros
OHI
Pathe
du Pont Ile
Goon Poniek Ferd
Peru
Dixie den Bs Ag
Duquesne L
Marquette P
Yobreco
Phila CoSp
An Tobacco Ptd
ADI
Philip Mosra Co
Smerson Brant
Phillips
Madivott-Jolnson
Tilltips Petroleum
Phoenix Hastery
Ant
Mereo Arrow
Equitable Om
Pleo Petroleum
Archer-D-Midland
Pitsburg
Ais
Nv Armour Co
Bhp
Erly
Teym “Coal Ag
Arnold Constab Corp
Vureka
Pitts WoVa
Artloom Corp
Fitex Nat
Art Metal Construct
Fleigermann Co i
Foundation
Ton Putman Co
Fox Film
Freeport
Adler Ets
Gardner ‘Moor
A Luo
Austin Nieholy Co
Corp
Motors
Billycore Ohio
Bangor
Barnsdal Corp
Ineur
Bayuk Ulpar
Goodrich
Tinland RT
A (Bi) Co
Nor
Tate
Sears Hoohk
Greane
Shattuck Co
Tay An OU Belgie Mik Co
Guant Sugne
Shell Unio
Brooklyn
Hollemler Son BT Bay
Union
Giasey
Houston
Mg Angel
Howe Howmrd Co
Hudson Manhatts
Nbmg
Buren
Hudson Motor Car
Ana
Outhern Dair
Ely TO
Wey
Hupp Motor Car
Athena Dair
Bush
Tinia
Athena
Vuiterien Coi
Tivera Co
Dyers Co
XL Mi
Proinets
Speer Mig
Pleer Mig
Cal Petroleum
Calaban
Arig
Combas ' Raaun
Catz
RIG Ag
HON Stromberg
Intertype Corp
Ny Corp
New Va
Chesapeake Corp
Island Creek
Chesapeake Ohio Alton
Jordan Motor Car
Itty Ant the Fair
Kan City South
Mit
Wester i
St Paul
Paul P
Krese’ Co
United
Af Az Foo
Lrubert Co
Lehigh
Life
le Myers
Renky
Malinson
Ray NU
Manet Bros A
Marlin Noekwett
Walrot Syston
Bow Worth Vo
May Dent Storex Co
Warner Bag
Ain Warre
Penn Way
ITM AG
Penn
Wester
Px & Ma
Weston Low
White ‘Motor Co
Alssnurk
Montana
San
Montgomer Ward
Soin Wits
Wilson Ca
Woolworth Co
Siawear
Woolhgta
Vser
Wright Aeronautica
MF Corp Ai. Motors
Yale Towne
Mtg
Associated Press
United Gas Improvement
Imperial Oil
Eastern Steamship Lines
Bohn Aluminum and Brass
Melville Shoe
Pittsburgh
Cuneo Prese
Grand
Johns-Manville
Standard of
Indiana
Safeway Stores
Richman Brothers
Metropolitan Chain Stores
Rolls-Royce of America
Stock Averages And Bond Sales Data From AP Report
The Associated Press lists daily stock averages across rails utilities industrials and combined metrics with separate first and previous day figures. Total bond sales in par value appear at line items with figures for ten categories and a total value of 1,165,000.
MENTIONED IN THIS ARTICLE
Associated Press
Grain Prices React to Rust Reports in Northwest
Chicago August 2 grain market rallied after black rust reports from the American and Canadian northwest. Wheat opened unsettled with a dip before gaining, corn and oats firmed with delayed advances from initial declines, and provisions sagged. Sept futures saw mixed moves while December maturities edged variously, ending unsettled from the prior day.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
Northwest
Liverpool
New York Produce Prices and Receipts Report
Potatoes firmer with 26 carloads received from Maryland and Virginia for No 1. cobblers at 2.00 to 2.75 per barrel. Long Island cabbage and savoy prices steady, butter unsettled with creamery extras around 40 1-4 to 40 1-2. Hens firm with 30,509 receipts. whites from nearby to Pacific coast show varied firsts to extras from 28 to 40 cents per dozen, depending on grade and region.
MENTIONED IN THIS ARTICLE
New York
Associated Presa
Maryland
Virginia
Ysland
Long Island
Higgs Firm
Hennery
Pacific Coast
Bond Prices Rise on Surging Buying Across Markets
A broad rally lifts bond prices as heavy buying activity pushes values higher. Strong demand elevates yields to new peaks, while foreign markets led by French German and Italian issues show notable strength to start the session.
MENTIONED IN THIS ARTICLE
Coolidge
Liberty Bonds Market Dips and Rallies Amid Bond Activity
New York August 2 Bonds show mixed moves as Liberty issues quote varied prices. Investors buy heavily across grades with Treasury and municipal offerings anticipated. Coolidge’s non re election stance has limited market impact while foreign securities gain strength.
Local Produce and Livestock Prices Listing
Furnished by the Commissioner of Agriculture of the State of Commerce. A detailed price list covering fruits vegetables poultry dairy products and livestock with per unit prices such as apples 2.00-2.75 per bushel oranges 5.00-8.50 per box lemons 9.00-10.75 per box tomatoes Jersey 2.75-8.60 per crate potatoes various 1.25-2.50 per bushel and hay and grain prices including wheat 2.95-3.50 per bushel and flour 10.00-11.00 per 194 pounds across multiple categories and stock types.
MENTIONED IN THIS ARTICLE
Comnece
Penia
Kennery
Metals Prices Show Mixed Activity In Early Trading
Copper firm with electrolytic spot and futures at 13 1 4. Tin remains strong with spot around 65.62 and nearby 62.25 for October. Iron steady with unchanged prices. Lead quiet at 6.60 spot. Zinc firm with East St. Louis spot and futures around 6.40 to 6.45. Antimony bid 12.00 to 12.12 spot.
MENTIONED IN THIS ARTICLE
New York
Associated Press
East Bt. Louis
Money market rates in early call with varied terms
Press survey shows call money steady, loans of 60 to 90 days quoted at 4 1/8 to 4 1/4, 4 to 6 months from 4 5/8 to 4 1/2, prime mercantile paper at 4 to 4 1/4 with mixed collateral.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Rubber closes steady as futures gain and clearing holds
Rubber price levels hold firm with September at 24.80 and December 35.10 and March 35.80. Clearing house statement shows exchanges at 61.299 billion, balances at 106 million, and Federal Reserve credit balance at 694 million.
MENTIONED IN THIS ARTICLE
Nework
Associated Press
New York
House
Federal Reserve Bank
Foreign exchange rates steady in New York quotes
Foreign exchanges were steady in New York with demand and cables shown for Great Britain France Germany Belgium Italy and other nations. Rates cover currencies including Argentina Brazil Tokyo Shanghai Montreal and Portugal with various bid and cable figures.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Cerco-Slovakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Portugal
Cotton futures close steady with modest declines
Cotton futures closed steady to modestly lower with October at 17.85 to 17.87, December 18.08 to 18.11, January 18.16 to 18.17, March 18.33, and May 18.52 to 18.34. Spot middling reported at 17.85.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Also Mentioned on This Page
General Motors
Baldwin
U.S. Steel
American
Woolworth
Atchison
New York Central
Union Pacifi
Southern Railway
Marlin Rockwell
F. G. Shattuck
Wabash
the Mutual System
Bank Street
Conservative — Mortgage Investments
Bridgeport
Florida
Georgia
Title Guaranty & Trust CO
1St National Bank
Covn
Bones Or Bee
G.I
Tus
Fidelity Loan Corporation
Middle St
Col
John Ket
John A& Wall Sts
Wiamanensasntacacars Sausarauenng Hodson
Peecemert Parts
W. E. Willard & Co., Inc. Distribretary
West
Bridgi Port
Ietivtal Bank
Utdg. Boerum
Aette Hovtson
Bankers Capital
Ivan Tveh
Vitank
Marbatun
Bank
National Bank At
Tuvnire
Ero Dational Bank Ara Am
Ash Fe National Bank
Asia
Nin ci Wity ‘Trust Co
ORD
Nazmertea
York’ Casualty
Westchester
American_ Surety
Crpitad Corp
NH Bank Co
Corpenim $ Ock
Treasury
iBest Air
Cawoniage Assocurrs
Bosros
United Gas
N. Y
Liberty
Associat+ed Press
Kansas City Federal Reserve Bank
Federal Reserve
Chesapeake
Ation
Eastern
Nis
Paul
Allegheny and Western
Hine Wich Company
Brooklyn Union Gas
Fim
German Central Bank For Agriculture
General Electric
Liberty Fourth
Town
Nebraska Light and Power
Southern
Califirate Edison Company
New England
Old Colony Corporation
OxLp CoLony Conroration OF
Boston
Pearl Street
Hareford
Cky
Cult
United Loan Corporation
Fairfield Ave
Cor
Water Room
Bankers Capital Company
New Haven
First National Bank
Bridgeport, Conn
Waterbury
Gunusr
Kink Roj
Ranpall
Hoa McKillop
Daniel Pyle Earle Hersurn
Joan Keoch A. F. Connor
C.F. Simmon
New York City
Bridgeport Telephone
Noble
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