Stock Market Mixed as Upward Trend Predominates
General stock prices edged higher on August 22 amid uneven moves across sectors. Gains centered on firms with favorable earnings or promising dividends, with notable highs for US Steel and Bethlehem Steel. Bond markets weakened while the motor group revived on Ford’s new car rollout. Canadian dollar parity returned and European currencies slipped slightly.
MENTIONED IN THIS ARTICLE
U.S. Steel
General Motors
New York
Associated Press
US Steel
Bethlehem Steel
Seady
Ford
Chrysler
Hudson
American Ice
American Telephone
Cavle
Brown Shoe
Davison Chemical DuPont and
Electric Power
Ead Light
Raiload
Amcome
Erade Carters Atelison
Tme
Carl
Metals News York Copper Futures Steady Ambiguity
Copper futures steady with nearby at 62.75 and October at 63.56. Lead and zinc quotes subdued with spot antimony at 22.37. Mixed data from East St Louis and general fund daily balances noted, unclear totals.
MENTIONED IN THIS ARTICLE
New York
Apoointed
Ats
S.rm
East St Louis
Are You Rated Slow In the Business World Credit Men Weigh
Harland 8 Allln discusses how credit officers classify customers as good poor or slow and how slow payers lose credit access. A shopper’s price surprise reveals how slow ratings affect buying power, with merchants preferring prompt payers and slow accounts leading to denial of credit and missed opportunities.
MENTIONED IN THIS ARTICLE
Sue
Grain Chicago Opens Higher on Wheat Strength
Wheat rose on continued favorable weather in Europe and North America with Canadian northwest markets firming. Corn and oats traded varied as farmers adjusted positions, while oats softened slightly yet remained in line with overall gains across grains.
MENTIONED IN THIS ARTICLE
Chicago
Canadian Northwest
Cern
Money News Update on August Market Rates
The market reports steady loan demand with closing bids around 3 1/2 to 4 1/2 for various term loans. Collateral values remain firm for 60 to 90 days, while prime mercantile paper shows modest activity and pricing around 3 3/4 to 4.
MENTIONED IN THIS ARTICLE
New Lork
Associated Press
Gall Money
Farm Families Face Low Income With Waning Prospects in 1927
The report shows farm family income in the past year lagging 90 percent below 1919 levels. Wages for farm workers are only marginally down, while top earners fared slightly better. Despite a decade of county prosperity, recent crop results suggest a downturn and a tighter outlook for farmers.
MENTIONED IN THIS ARTICLE
Eve Wee
Farmers’ Returns Rise Near 1919 Peak Says USDA
The U S Department of Agriculture reports farm earnings as a business, noting that recent stock transactions and farm product values suggest a rise in income. Yet the average farmer’s return is under 3 percent, far below corporate industry yields of about 13 percent over the past two years.
MENTIONED IN THIS ARTICLE
U & Department of Agriculture
Sodmic
Stock Averages Reported in New York Markets
New York stock averages show clearing in August with balances around 48 000 and 62 000 for selected securities. Federal Reserve banks credit balance stands near 91 600 000 as markets process liquidity and demand.
MENTIONED IN THIS ARTICLE
New York
Tse
Atiment
Federal Reserve
CURB BEGINS WEEK WITH MOST OF ITS STOCKS MOVING UP
New York Aug 22 By Associate Press The cure exchange opened with bullish moves and several stocks hit new highs though broad gains faded. Public utilities led with American Gas and Electric up, Electric Investors rising over four points, and Electric Power and Light at a fresh peak. Industrials like Johns Manville Aero Space and Gobel advanced, while chain stores SilverBios and Grand Stores gained over one point. Industrial Rayon firmed after early eases, while Standard Oil of Ohio opened down then recovered. Indiana shares weakened after a small rise. Vacuum Oil traded moderately.
MENTIONED IN THIS ARTICLE
ATW
Detroit
Emiamut
Park
Albert Wiap
Dalya Bina
Cium
Tulman Co
Finn
Kteinington
Morse Co Daly
Penington
Marquette Hoo Sue Intl Corpa
Fleischmann Coote
Java
Ldmbel Bros
Hesb
Santhiern Dal
Ta Aly
Southern Pratrses
Gulf Mobile
Datrder
Roy
Hartman Corp
Houston
Howe
Hudson Manhattan
Bly Ann
Hudson Motor
Soopetunia
Gion Studebater
Sri Gat
Tan
Boo Inland Steelie
Sutreaine
TA Martirs Fey
TOM Inter &Aplt ‘Trans
Ma ' Trims P S Ag
Intercon
Sunningtoy
Mabare Roy
Mhamesen
Esland
Tan On
Cat
Jones Londey
Han City South
Lerner
Andy Cor de
Sato
Sorette West
Tr Bay
Lambert Co
GWU Tehigh Valley
Lacun
Yoril (Pierre
Rk Chemical
Toon Chrysler Corp
Victor Fate Weber Ar
Aikman
Bony Yhanden
Waban
aLly Ina Walworth Co
Ward Baking
Yoon Warner Rr
Mallinson Co
Ano Manor Brow Ce Power
Lel Bros
Manhatter Buy
Hellbraner
Maracaiba
Marland
Rockwell O
Cuba
Westen Pacific
Ay Ag
Mas Dept
Aga KO Boy
Long Srl
Westar
Graey
Stniex
Ater Sirel Urod
Fisen
Bilson
St Louis
Worlworth
Pein Wright
Aeronautical
Kan Rex
Niles
Jan Ano Mather
Murray
Orp
Nash Motors
Frias
Bya Corp
Siam Pos
North Am
New York
Cure Exchange
Johns-Manville
Jover S Point
Aero Supply Brose
Gobel
Silver Bios
Grand
American Rayon Products
Standard Ol
Ohio
Indiana
Bank and Insurance Stock Quotations Bid
Bank and insurance stocks listed with bid quotations. Market movers include financial institutions and insurers with varying bids and closing prices. Analysts note activity in life, property, and casualty segments reflecting sector shifts and liquidity.
Cotton Futures Close Mixed as Prices Shift Across Contracts
Cotton futures closed steady to mixed with declines of 6 to 20 points across nearby months. October traded around 2070 to 2085, December 2107 to 2109, January 2111, March 2132, and May 2133. Nearby spot market remained quiet with middling around 2100.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Downward Tendency In Dull Bond Market
New York August bond market shows easing tendencies as traders wait for news of the September financial program. Easy money conditions keep prices high for high grade issues while preparations for new offerings attract interest. International exposures advance with convertible International Telephone bonds, while Mexican issues weaken and U.S. government securities remain dull and irregular.
MENTIONED IN THIS ARTICLE
New Haven Road
New York
Associated Press
Government of Australia
Province of
Nova Scotia
Chicago
Milwaukee
Puget Sound
New Haven
Federal Metals
Edison
Dutch East Indies
Liberty Bonds Prices Reported in New York Aug 22
Liberty bonds quotes listed in New York with distinct classes and rates. Prices shown include Liberty 3 1 25, Liberty 1st 41 25, Liberty 2nd 41 45, Liberty nd 4 1 43, Liberty ard 4 1 45, Treasury 4 1 4, Treasury 3 3 85, with par value ranges and conversion figures noted.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Liberty Bonds
Liberty
Liberty Nd
Liberty Ard
Treasury
Also Mentioned on This Page
Washington
U & Treasing
Consolidated Water Power & Paper Company
Noyes
New York Stock Exchange City Savings Bank
Bridgeport Telephone Barnum
Kew
York
Scranton
New England Enameling Co
He Ee
Middletown
Ndustrial Plants Corp Redex
Fletar
Harland
Nibe
Jyza
Emenovee
Fane
Boston
Indus
CURB
Bank and Insurance
Bankers Capital
Aimer Velange
Bank of Americas
Bank of America
Bank of Manhattan
Banerr
Bank of United Stains Bankers Trust
Central
Orn Trchanne Baniatontat
Ynan Aan
Impire
Eeac
Mymtable Trust A
Taaut Aw
Ave Bank
Natonal
Gneti K National
Umnants Tinet Conpany Anrrimanaston
Hanes National
Casneltra
Wortheeter
Suetyner Rfa
von von York
Southern Surety
Noble
New England Equity Corp
T Room
State St
Hodson
W. E. Willard & Co., Inc
West
Bridgeport
Fuse National Bank
Barnum
Bond
Bankers Capital Company
First National Bank
Bridgeport, Conn
Waterbury
Gunder
McKillop Danie
John Keoch
Connor
Siemen
Bridgeport Telephone
Lafayette Street
Allen Street
Ih.l.blackman & Son
State Street
Lacey R. Blackman