Buying of U S Steel Common Is Stock Sales Feature
New York market overview notes heavy buying of U S Steel common pushing to a record high around 140 3 8 as traders weigh mixed news. General Motors and other industrials swing with mixed results while railroad shares slip on July earnings. copper gains lift Kennecott and Cerro De Pasco. cotton and coffee small moves. Portuguese exchange weak and Canadian dollar firm.
MENTIONED IN THIS ARTICLE
U.S
New Haven
New York
Rasocatta Press
Gig
U. S. Steel Common
General Motors
Chrysley and
Packard
Pierce Arrow
Dend
Mexican Seaboard
Atchison, Balimore and Chio
Northern Pacific
St. Paul Common
Northwest Territory
Interstate Commerce Commission of the Securities
Southern Railway
U K
Kennecott
Cerro de Pasco
Johns Manville Trading Leads Curb Market Rally
New York Aug. 23 Associated Press Shares of Johns Manville corp surged in brisk curb market trading, rising over four points to 105 1/2. Philbury Flour and several other specialties hit new peaks amid active demand. Oil issues slipped on price cuts, while Margay Oil and Vacuum showed strength. Chain stores and major makers like Metropolitan 5 and 10 and G Murphy traded near year highs.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Johns Manville Corporation
Philbury
Pennsylvania
Prairie Cruces
Silinsis Pipeine
Praire
Margay Oil
Vacuum
Bellman Fcommon
United Shoe Machinery
Palmolive Feet
Fedders Manufacturing
G. ©. Murphy
Stock Averages And Bond Market Figures Reported
Market averages for rails and industrials listed with highs and lows for 1927. Bond market data includes ten categories with combined averages and month and year comparisons. Total stock sales reach 892100 shares with par value bond sales of 9,243,300.
Chain Store Gains Reach 14.4 Percent Above 1926
A 1927 business highlight shows sharp growth in 24 major chain stores with monthly gains over 1926 figures. The year’s increases range from 8.3 percent in May to 20.1 percent in April, with July and seven month totals indicating strong expansion in chain retail activity.
Chain stores drive half a billion in seven months
The report notes 24 chain store companies sold goods totaling 502,441,528 in seven months, showing the large scale of chain store trade. It argues most gains come at the expense of independent retailers and that chain competition poses a serious problem, while also outlining strategies independent stores might adopt.
Bank and Insurance Stock Quotations
Bankers Capital furnishes current bank and insurance stock quotations with brief closing figures and price movements for today.
MENTIONED IN THIS ARTICLE
Bank and Insurance
Wheat and corn prices shift on Canadian weather
Wet weather and light frost in parts of Canada set a firm tone early, but Winnipeg weakness pulled Chicago wheat lower as trade opened. September and December corn rose initially on unfavorable weather, then eased. Provisions stayed easy. Wheat closed weak, corn up modestly, oats mixed with small gains.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
Canada
Winnipeg
Cotton futures close steady with gains on late August session
Cotton prices finished higher across the board on August 23 led by October at 21.19 to 21.20 and March 21.67 to 21.69. December moved to 21.45 to 21.48, while January and May held around 21.48 to 21.73. Spot cotton remained steady at 21.40 middling.
MENTIONED IN THIS ARTICLE
New York
Associst
Eq Press
Rubber closes steady with prices across near term contracts
New York August 23. Clearing house statement shows exchanges totaling 1,137,600 dollars and balances at 103,000,000. Federal Reserve Bank credit balance stands at 888,000,090.0.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
Foreign exchange rates in New York fix today
Foreign exchanges remained steady in New York with full list of bid and cable quotations in cents and dollars for nations including Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Portugal Poland Czecho Slovakia Jugoslavia Austria Romania Argentina Brazil Tokyo Shanghai and Montreat quotes.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Portugal
Poland
New York Produce Prices and Receipts Report
Butter firm receipts 19 838. Packing stock current make no 1 911-2 A 32. Do no 2 911-2. Siggs irregular receipts 25 102. Pacific coast whites extra firsts 42 44. Potatoes dull three cars. Long Island no 1 cobblers per 150 Ths sacks 2.60 3.00. Cabbages dull Long Island white per barrel 1.26.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Pacific Coast
Long Island
Metals Market Report From New York August 23
Copper steady both spot and futures at 13.12 1 2 cents. Tin quiet with near term and October at 63 62 1 2 cents. Lead firm at 6.75. Zinc dull. East St Louis spot and futures range 6.30 to 6.87 1 2. Antimony at 11.37 1 2. Quicksilver 120.00.
MENTIONED IN THIS ARTICLE
New York
Associated Press
East St. Louis
Bond Market Dall Interest Centers on New Issues Due
New York August 22 Bond market was dull yet prices stayed firm on easy money. Demand focused on upcoming new issues including 8 4 0 0 0 0 to the Australian government at 98 yield about 5 3 8 percent. Convertible issues led with Delaware and Hudson, Erie D 43, and Katy 6s and New Haven 6s reaching yearly highs. Long Island RR 4 8 0 0 top, Cities Service 63 up 11 4 to 10 1 2, Pierce Arrow 8 weaker, Peoria and Eastern 4s 48, Paris-Lyon Mediterranean 7s near highs. Government bonds dull. oversubscription reported for Columbus Railway Power and Light 41 2s.
MENTIONED IN THIS ARTICLE
High Low
New York
North
New York Stock Exchange
Gienlbus Corp
Orpheu City
Wats
Agai
Arly
Mtr
Ellery
Cuba
Detroit Edison
Utah
Dodge
Bios Pia
Fisenlohe Bros
Peoples
Uxpreva
Patna
Prs Petroleum
Phoenix
Lee Ate
Enaicote Johns
Internat’ Corp
Pitsburg Steed
Lsu Am
Loronmdye UK Iui
Eurek Yar
Am Metal Co A
Cary
Henners
Fleischmann Co
Bys
Foundation
Freeport Texas
Gardner Motor Rye
Punta Alege
Toieca
General Cigar
Nm Purity Brice Ies
Ieneral Electric
Soe
Am Ery
Radio Co
Shy Saat
Motors
Coop
Uta
Gimbel
Hills
Hoty
Anatwanelat Copper
Republic
Midland
Attu Ron
Delate
A Ab
Sna RF
Ari
Ifnani
Galle
GUO Rebsin
En Bank of America
Arightanstuh Corp
Art Fetal Coustre
St Joseph
Bayik of America
Trust Ca
My Bank of United Biates
Coast Line
Punkers Trust Company
Bank Aga Gay
Roebuck
West Sugar
Central Bank
Waltanere
Coperne Hits
Dhl
Mashel Union Oil Oy
Easy Chasm Nations
Gmonth
Luxaray Bay
Chatham-Phoenix BT
Tely
Vt Simmons
Iglenial
Arnt Leather
Hanna
Shams Petroleum
Sai
Tinny Rusdall Corp
Ben Skelly Oil
Fiquitable Trust Cermany Tr
Hartman Corp
Helme
Howe Sound
OO Hudson Minh
National Park Bank Ce
Klee Do
Brimwick
Internal Ag Corp . Itis
Texag Corp
Cal Vetroleum Heke
Uiahan Aine
Fidelity Phoenis
BSG
Asis Globe and Rutgers
Falr
Haziford
Central AL Steel
Usaag RE Insurance Co
Xooth Amen
Central Peather
Magara
York Camity
Cerny de Pascy
Toland Creek
Oyler View
Vbheen Pewke Corp
Sturvesant
USA
Cheapea le Ohi
Goo Jordan
S. Carnal
Alton
Kan City South Ryany
Taton Carbide
Kresge
St Paul
Watlsner Vt
Lambert Co
Lee Trubber Tire
Lehigh Vai
Lelin Fink
Life Savers Inc
Tosni Chryster Corp
Ligget Myers Tob
Lima Lace
Enon
Realtr Imp
Byo City
Loew's Inc
Cluett Peabody
Us Btel Corp
Collins Aikman
Eatun Ems
Tacilard
Louist
Towee
Louiny Nashv Sane
Madium Corp
Ladium Steel
Bk Chemical
Congress Cigar
Consolidated Cigar
Mallinson Cos
Tay
Ans, & Me
Maracaibo
Bynaan Wabworth
Rong Ward
Warner Aros
Martin Parry
Mg Warner Quintan Baty
Om Ney
Wwe Warren Tins Coant
Weber Heltrower
Lee
McCrary
TNFR
Metro
Miami
Mid States
Son Western Union
WTA
Minneap
Moon
Mater
Misson
Pacific
Tex
Willys
Montana
Twc
Montgomn
Ann Stoon
Wilson
Woolworth
Sean Wright Aeronautical
Munsing
Froudan
I. Bay
Rys Corp
Syd
Norfolk West
Associated Preas
Erie
New Haven
Long Island
Chesapeake 65
Cities Service 63
Pierce Arrow
Peoria
Eastern
Paris-Lyons-Mediterranean
43 & Group
United States
Columbus Railway, Power and Light Company
Treasury Balance August 20 Report
Treasury balance as of August 20 stood at 891 million 394 thousand 566 dollars and 11 cents. The notice records the August 23 release date and lists the exact figure for the U.S. Treasury as of the prior business day.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Also Mentioned on This Page
Johns Manville
Curb Market
New England
Old Colony Corporation
OLD CoLony GoneroraTion
Boston
Pearl Street
Hartford
Busta
Uae
Avia
Ayamas
Mutual
Conservative Mortgage Investments
Bridgeport
Florida
Georgia Cities
Title Guaranty & Trust CO
1St National Bank
United Loan Corporation
Fairfield Ave
Cor
Zuatn
Fes
Bankers Capital
American Surety
Azaaa Bankers Capital Corp
N.Y
Inen-Parheoy
Pia Bank Capital
Itro Bank
Eastern Bankery Unita
East Bankers Com
IMR
Pan
Motaaze Rand
National Aurete
Aire
York
Mthern Burety U
Hodson
W. E. Willard & Co., Inc
West
First National Bank
Barnum
Hodsomer
Bankers Capital Company
Bridgeport, Conn
Waterbury
Moh
Gunder E J
Stunds JU
Kink
Randall Oa Meckill
Daniel Pyle Earrl
HePauin
John Keogh
Alf
Connor GC
F. Siemon
Bankers Capital Eastern Bankers
Bridgeport Telephone
Noble
Lafayette Street
Allen Street
South End
H.l.blackman & Son
State Street
Lacey R. Blackman