Market Advances Led by Rail Stocks as U S Bonds Decline
Wall Street closed strong with railroad stocks leading gains amid higher money rates. U S Steel, Southern Pacific, Reading and Union Pacific powered the rally as 433000 shares changed hands. coal and oil sectors also showed strength while government withdrawals and September dividends factor into near-term demand.
MENTIONED IN THIS ARTICLE
Broadan Wata
York
Wall Street
U.S. Steel
Southorn Pacife
Reading
Union Pacific
Éiys
Poland
Sugar market weak with limited buy interest in New York
Sugar prices fell as buyers disappeared and only a few operators bid two to three cents under last sale. Holders resist the low bids, sugar arriving is stored, refinery quotes stay around 17.00 to 17.10 per cent for Cuba centrifugal duty paid, while light demand is met by secondary sugars at 15 to 16.00.
MENTIONED IN THIS ARTICLE
New York
Cuba
Adams Express
Slik
Altis Chalmers
Isehieh Wauloy
Foulmville
Amer Inter CO
Middle States
Grauti Pac
Tate
Tay
Ili
Noriaik
Pan-Ar
TSG ii
Lund
Bern
Bikarg ML
Seat Tran & T
Columbia Grace
Studelxiker Stromberg
del Tineke & Ro
Anton Enel
Inigr
Pac
Old Prat My
Utah Copper i
Theor Agricuitur
Vanadium Corp
Westing Elec
Connecticut Freight Rates Hike Petitioned Before PSC
Connecticut's public utilities commission is asked to grant a 40 percent freight-rate increase above current rural and peasant rates deemed unreasonable. The petition cites Interstate Commerce Commission action approving a 40 percent rise for the New York New Haven and Hartford line and argues competition with steam railways justifies the move.
MENTIONED IN THIS ARTICLE
Bartford
Connecticut Company
State Public Abiliies Commission
Interstate Commerce Commission
New York, New Haven
Massachusetts cranberry crop to 300000 barrels for year
Oranberry Onoor reports the Massachusetts cranberry harvest at 300000 barrels, down 18 percent from last year. The federal crop estimates by A. Sanders of the Bureau confirm the five year average at 800 barrels, with indications that New England peaches and apples will also shift.
MENTIONED IN THIS ARTICLE
Taidfield
Mays
Massachusetts
Textile and shoe workers to begin annual vacations
FAGQLORIES CURTAIL MANCHESTER NJHL Aug 28 Eighteen thousand textile and shoe workers will begin their annual vacations tomorrow and will close until September 7. The payroll curtailment is estimated at 240000. Worsted division of the Amoskeag plant idle over two months.
MENTIONED IN THIS ARTICLE
Manchester
NJHL
Milla and Faeries
Socialist Labor Speaker Urges Soviet System Here
J. M. dhichtenstein of Boston, a member of the National Executive Committee of the Socialist Labor Party, spoke at a meeting of local Socialists on Wi and Middle streets. He urged abolishing the present social order and replacing it with the Workers' Industrial Republic where production is owned by workers organized in industrial unions. He said unions would provide management and departments of administration, supplanting current political divisions, and that the party aims to establish in America the industrial government now in place in Soviet Russia.
MENTIONED IN THIS ARTICLE
J. M. Dhichtenstein
Boston
Socilist Labor Party
Allspeech
Middle Streets
Socialist Labor Party
Insa
Ingustria
Hese
J Saad
Iichtenstein
America
Block Party Draws About 250 on Hancock Avenue
About 250 residents of Mannock Avenue attended a Hancock Avenue block party hosted by the A Hancock Avenue Recreation Counter on State Street. A concert featuring ten numbers lit the 400 foot long avenue with string lights across the roadway and along the sidewalks.
MENTIONED IN THIS ARTICLE
Mannock
Pear State
Bridgeport Local Wholesale Market Report on Potatoes and Produce
Bridgeport market notes show slow potato sales with moderate demand at about 7 shillings per bushel, corn and lima beans selling slowly, tomatoes light yet steady in price, and peaches from Roanoke first arriving. Fowl demand strong, beef scarce, and apples, cantaloupes, and citrus priced variably. vegetables and dairy items listed with mixed movement and several price ranges.
MENTIONED IN THIS ARTICLE
Troahoke
Bridgeport
Souther
al- Mosh
Orangas
Dhor
Tie
Han
Grain futures mixed as wheat holds. corn dips in Chicago
Chicago grain markets opened with early strength in wheat but prices held mostly steady or eased slightly. December wheat at 2.88 1/4, March at 2.38, corn slipping 1/4 to 3/8 cent, with oats down 1/8 to 20 1/2 cents. Strong trade showed at various points, advancing up to 12 1/2 cents in some quotes.
MENTIONED IN THIS ARTICLE
Chicago
Coffee futures trade on a quiet New York day
In New York on August 26 the coffee futures market showed continued switching for near 40 late months with overall calm trading and modest gains. Front month contracts closed at the day’s high, with September at 80 5, October 7.95, December 8.80, January 9.70, March 9.45, May 8.66, and July 9.50. A further inquiry was reported regarding late price movements, affecting nearby spreads and futures.
MENTIONED IN THIS ARTICLE
New York
Dry goods market mixed as silks slip and cotton holds
New York August notes a modest pickup in out-of-town buyers for dry goods with cotton cloths steady, woolens inactive, and silks trading down. Insurance figures show a large top outstanding. credit balances and shipping indicators mixed in a cluttered early August report.
MENTIONED IN THIS ARTICLE
New York
Cotton market shows limited gains amid nervous trade outlook
New York August 28. The cotton market saw further recoveries but nervousness over the trade climate trimmed rallies. Prices moved from 25.35 to 26.80, then slipped to 25.51 before closing at 39.00 with a net advance of 30 to 75 points. Port receipts 4,018 bales. exports 113,996 for the season.
MENTIONED IN THIS ARTICLE
Dew Kameber
Liberty Bonds Close with Mixed Readings in New York
Liberty bonds closed today in New York with varied results across issues. The 4 1/4s and related series showed prices ranging around 41 to 49, with notable activity observed in the 4 1/2s and 4s as traders cited slight shifts and unsettled demand in late trading.
MENTIONED IN THIS ARTICLE
New York
Liberty Bards
Hale
Barges Captains Win $26-Month Pay Increase
Increased pay goes to barges captains employed by the New Haven railroad retroactive to May 1, 1920. A number of Bridgeport men serve as captains on New Mayer road's barges.
MENTIONED IN THIS ARTICLE
New Haven Railroad
Bridgeport
New Mayer Road
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