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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Aug 25, 1927

Page

18

Average of Leading Industrial Stocks Reaches New High

In New York on August 24, mixed prices reflected opposing speculation. Major stocks gained, with the Dow average hitting a record high as General Motors and other majors surged. U S Steel and Bethlehem steel touched tops, Wright Aeroplane leapt on a large Japanese order, while rails showed selective gains. Wheat and cotton moved on supply and weather data, with currencies stabilizing.

New York Associated Press Chrysler, Nash and Packard U S. Steel Bethlehen Beliwin Wright Aeroplane Americam Machine and Foundry Associated Dry Goods Childs Commonwealth Power Electric Power Gotham Hosiery Great Western Stgar McCrory Stores Postum Pressed Steelcar U. S. Realty Utah Mawma Nevada Atchison Chesapeake Onto Delaware and Hudson

Grain market in Chicago slumps on widespread liquidation

Prices fall across grains as hedging sales push wheat down 3.25 to 4.25 cents, corn 0.75 to 2.75 cents, and oats and provisions slide. Winnipeg reports 400 million bushels of wheat, easing buying interest while U S and prairie outlooks hint at uneven prospects and lingering heat hindering crop development.

Chicago Associated Press Winnipeg Prairie Provinces Une United States Minnesota Wisconsin Michigan

Cotton futures close steady with gains across contracts

Cotton futures closed steady to higher after the session with October at 21.50 to 21.53, December 21.72 to 21.75, January 21.73 to 21.74, March 21.87 to 21.98 and May around 22.00. Spot middling held at 70.

New York Associated Preas

Butter firm receipts and produce market notes

Butter firm receipts total 12 743 with irregular regs at 17 963. Potatoes steady with 84 cars from Long Island No 1 cobblers at 150 lb. ACKS 1 50 to 3 00. Cabbages dull from Long Island white barrels priced at 1 00 to 1 25.

New York Associated Prese Long Island

Treasury Balance Washington August 24

Treasury balance report shows general fund total of 890,903,077 dollars as of today. The statement lists the general balance and related figures, reflecting the U S Treasury status in Washington.

Ashington U. S. Treasury Balance General Fund

Johns-Manville Leads Curb Trading With New Highs

Johns-Manville stock advanced sharply in today’s curb market session after previously trading at 105. It jumped to 115, the year’s high, and closed at 113 3 4, up 5 83 on the day. Pervasive gains followed favorable earnings and listing prospects on the big board, with utilities and other issues rising amid broader market strength.

New York Associated Press Johns-Manville Cay Pitisbury American Light and Traction Electric United Gas Improvement Bucyrus New Bucyrus-Eirle Meat Johnson Cuneo Press Rayon Celanese Common Gobe Hellman Cure Us Aeroplane and Motor and Aero Supply U. S U. S. Gypsum Steel Company of Canada Union United Tobacco

1927 Profits and Stock Price Trends Have Not Been Uniform

The article notes mixed 1927 profit trends across stock groups with motor, electrical, food, and utility sectors showing varied performance. Motor and motor accessory stocks led price gains despite uneven earnings, while electrical equipment profits improved and food and utilities posted the most consistent profit increases versus 1926. The piece argues profits trends do not fully determine stock price movements.

General Motors Corporation Hudson Motor Company Stock Exchange

Bank and Insurance Stock Quotations

Bankers Capital furnishes stock quotations for banks and insurance firms. Listings include notable institutions, market movement, and pricing snapshots reflecting current trading activity.

Bank and Insurance

Letters of Credit As A Prepaid Travel Tool

Hard and Allen explain letters of credit as prepaid instruments enabling travelers to access funds abroad with reduced risk. A letter is funded by the holder’s bank and can be cashed repeatedly up to its value, unlike a check. Endorsement and identification protect against loss, making letters useful for both travelers and those staying home.

Paris

Foreign exchange rates steady in New York trading

Foreign exchanges remain steady with quoted rates in cents for Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czecho Slova kia Jugoslavia Austria Roumania Argentina Brazil Tokyo Sharghai Montreal and related currencies as of August 24.

New York Associated Press Great Britain France Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czecho-Slovakis Jugoslavia Austria Roumania Argentin Brazil Tokyo Sharghai Montreal

Steamer Tuscany Rescues Aguia Aviera Crew

Wireless reports from Landsend to London say the British steamer Tuscany has picked up eight sailors from the Portuguese schooner Aguia Aviera after it was abandoned at sea when on fire about 200 miles off the northern coast of France.

London Assoriated Press Landsend Liosds Tuscany France

Wall Street Notes Show Confidence With Upturn Likely

New York Aug 24 Louis G Kaufman president of Chatham Phoenix National Bank and Trust and GM director says the financial and business outlook warrants great confidence and that a broad upward turn in business has already begun. Pan American Petroleum and Transport directors held routine session with dividend action planned about Sept 10. Coca Cola International earned 85.02 a share in H1 1927 with profit over 91 million. Copper exporters cut European copper to 1 cent a pound, while iron and steel markets show modest activity and uncertain improvement. Public Service New Jersey reports a surplus of 12.99 million for year to July 31, Norfolk Southern July net drops, and Rock Island bond refund plans proceed with a new 46 million 4 12% issue. Canada pig iron output muted. Eastern price competition grows in Chicago mill market.

New York Associated Press Louis G. Kaufmen Chatham Phoenix National Bank and Trust Company General Motors

Realty Records and Mortgage Deeds Ledger Update

Realty transfers list Souis and Charles Levin to Benjam in Mendel Hillman at Fairfield and Hancock avenues. Herbert F Stenstream to Thomas and Susana Marcura on Texas Avenue. Charles Beach to John R and Minnie Tillman on Clarmont. Jennie Sterling to Lena Gordon on Broad Street. Mortgage: Hillman to Levin on Hancock and Fairfield avenues totaling 82000 and 98850. Anna Plude to Laura LaFrance on Wood Avenue. Priscila Utz to Mery Flood on Mountain Grove Street. Margaret Almasy Ross to Stephen Almasy on Success Avenue and adjacent Post and Farmer streets. Bernard Saltman et al to Herman Saltman on North Avenue.

Herbert F Clann Deeds Priscila Utz Mery A. HW. Flood Mountain Grove Street Margaret Almasy Ross Stephen Almasy Success Avenue Post Street Farmer Avenue Bernard P. Saltman Herman Saltman North Avenue

Shipping News Fragments From Genoa to New York

Shipping notices list movement from New York to Genoa and Havre on Aug 24 with ports including Suffern and Buenos Aires. Steamers Bremen and Conte Biancomano show early Aug dates sailing to New York and Southampton, with Venice or Vandycx and Rotterdam patterns noted.

Artiy Duille Genoa New York France Havre Suffern Havre Vandycx Buenos Aires Bremen Queenstown Conte Biancomano Naples Southampton Wy Vors

Rubber closes barely steady amid futures activity

Rubber closed steady with minor moves as September contracts at 34.70, December 35.40, and March 36.20. Traders watched nearby supply and demand signals with cautious optimism.

New York Associated Press

Money market update and clearing house figures

Call money steady with closing bids at 31-2, time loans mixed collateral 60-90 days at 3 3-444, 4-6 months 41-4 to 43-8. Prime mercantile paper 33-434. New York August 24 clearing house shows exchanges 958,000. balances 100,000,000. federal re bank's credit balance 89,000,000.

Associat Prime Mercantile New York Clearing House Federal Henk

Flood of New Bonds Fails To Lower Security Prices

New bond offerings failed to push prices lower as the market remained steady. Australian issues showed strength with New South Wales 58 advancing to 95, while Delaware and Hudson 5s slipped about 2 points. International Telephone dropped to 124 1/4, and federal government trades were light and uneven.

New York Associated Press Commonwealth of Australian Chicago Rock Island and Pacific New England Gas and Electric Association Debenture Gu New South Wales

Liberty Bond figures and treasury rates fragment list

Fragmented OCR list shows Liberty bond closing figures and treasury rates with figures like 103.8 and 113.29. Mentions Liberty 2nd and 3rd issues, 4 1-43 to 1-48 ranges, and Treasury 4s with 145 and 148 references. Not a cohesive article but a rate snippet.

New York Associat Liberty Liberty Let Lolz Liberty Brd Iddt Treasury

Also Mentioned on This Page

W. E. Willard & Co., Inc Bridgeport First National Bank Tel. Barnum Bondrue Hodson Herrier Defautte Noble New England Equity Corp Room State St Bank Street Canada Jordan & Selleck Inc Bernum Johnns-Manville Motor Scretsory Standard Statistics Company Motor Motor Access New York Exchange Cameniocs Associates Boston A Jury Aus Bankers Capital American Exchange Te. Co Bank of America T.C Bank of Manhattan Bowery Rust River Mts BK. Y Trust Co Bank of United States Prat & Bankers ‘Trust Company Brooklyn “Trust Jane Central_U. T Natural Bank Chatham-Phoenix _b. T Anigo Empire Trust Tupi Farm Loxas Ent Co Bank i Hufiavtola Nathaal Bank Cunranty ‘Drust Company Harh Phoenix Taviford ATS Tosarance Co Kevin America Ang . Chaunlty Aguay Ansapital Corp Aas Bank Ci Corp Bena ‘Trust Gies Bank Brock A Stranley Brock Hard H. Allen Italy Wall Street News Pan American Petroleum and Transport Company Coca-Cola International Corporation Hambatavee Standard Milling Company Pennsylvania Rock Island Railroad Chicago, Rock Island & Pacific Speyer and Company Rock Island Public Service Corporation of New Jersey Norfolk Southern Indus Souis Charles Levin Benjamin and Mendel Hillman Fairfield Hancock Avenue Consolidated Water Power & Paper Company U.S Bankers Capital Company of Connecticut New Haven Bridgeport, Conn Waterbury Hoh Gunver E J Kietft, Randall, H A. McKiLior Daniel Pree Barce Heraurn John Keosh A. F. Cannon C.F. Siemon Bridgeport Telephone Community Water Service Company Ayuile Guertarly Thia Massachusetts New Jersey Winois Kentucky St. Louis Preferred Stacks Tate St. Louis County Water Company Repein Ee Ation Mesace, Chapman and Curler Hale, Waters & Co Hincks Bros. & Co Ible Newswarers Hiye
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