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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
New York
Associat
Liberty
Liberty Let
Lolz Liberty Brd
Iddt
Treasury
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W. E. Willard & Co., Inc
Bridgeport
First National Bank
Tel. Barnum
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Hodson Herrier Defautte
Noble
New England Equity Corp
Room
State St
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Canada
Jordan & Selleck Inc
Bernum
Johnns-Manville
Motor Scretsory
Standard Statistics Company
Motor
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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
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Hard
H. Allen
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Wall Street News
Pan American Petroleum and Transport Company
Coca-Cola International Corporation
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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
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Charles Levin
Benjamin and
Mendel Hillman
Fairfield
Hancock Avenue
Consolidated Water Power & Paper Company
U.S
Bankers Capital Company of
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Hoh
Gunver E J
Kietft, Randall, H A. McKiLior
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