Stocks Hit New Highs in Irregular Market Session
Irregularly higher stock advances featured US Steel General Motors and General Electric reaching new highs while Dean Witter bankruptcy news and varied earnings influenced sentiment. GM swung from a sharp midday drop to gains, and overall market activity showed mixed strength with cotton and wheat fluctuations and stable foreign exchange rates.
MENTIONED IN THIS ARTICLE
New York
Associated Press
US Steel
General Motors
General Electric
U S
Generali Electric
Stock Exchange
Dean Onatlhin
Pan American
Halt
Barnsdall A & B
Seminole
California Petroleum
Chrysler Mullins
Kelly Springfield
Goodrich Tire
Untitled financial note from New York clearinghouse
A garbled New York note shows balances and credits from clearing exchanges, with figures like 8443,000 and 975,000, indicating uncertain bank credit positions and federal activity. The text is fragmented and lacks clear context or dates.
MENTIONED IN THIS ARTICLE
ORK
Transatlantic Steamers Arrive From Liverpool and London
Shipping arrivals list shows multiple liners docking in New York and other ports in late August. Vessels include Laconia Andania Ascania Albert Ball Carmanta and Montreal bound ships from Liverpool London Havre and Cherbourg with origins in Liverpool and Hamburg.
MENTIONED IN THIS ARTICLE
Adriatic
New York
Liverpool
Laconia
Andania
Montreal Dorie
Montreal Ascania
London
Montreal
Albert Ball
Hamburg
Carmanta London
New Oak
la Savoie
Havre
Stuttgart
Cherbourg
Ork
Losses and Gains Near Balance in curb Trading
New York reports show losses and gains vying in curb trading with Standard Oil of Indiana at a new peak price amid mixed trends across the petroleum group. Curtiss Aeromarine and Motor continued to attract aviation interest crossing 34 to a year’s top, while Johns-Manville recovered some losses and retail optimism lifted chain store shares with Metropolitan 5 and 10 B and Kinnear Stores reaching 1927 tops. Boston and Maine 5 percent bonds began trading above the offering price.
MENTIONED IN THIS ARTICLE
New York
Associated Fress
Indiana
Curtisa Aeromarine and Motor
Aviation Crossing
Newmont Mining
Johns-Minwile
Kinnear
Boston
Maine
Foreign Exchange Rates and Bank Cables from Newswire
The August 29 New York foreign exchange page lists currency quotes for Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Jugoslavia Austria Argentina Brazil Tokyo Shanghai Montreal Portugal and other centers. It notes bank cables and changes across markets with varying bid and ask figures, reflecting international rates and demand patterns.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Belgium
Germany
Holland
Norwy
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Jugoslavia
Austria
Sumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Portugal
New York Produce Prices Report Strong Receipts Across Stocks
The New York Produce Exchange shows steady to higher receipts across dairy eggs and potatoes. Butter and creamery items rise with various grades noted. eggs list irregular receipts with extras ranging in the mid thirties to mid forties, while potatoes and cabbages reflect dull to modest activity in Long Island and New Jersey markets.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Henney
Long Island
New Jersey
Metals Market Roundup in New York Notable Price Movements
Copper firm in electrolytic spot and futures. Tin steady for spot and nearby. Iron quiet across No 2 and No 210 grades in Pennsylvania Buffalo Alabama areas. Lead and zinc steady with East St Louis spot and futures. Antimony and quicksilver priced around 1207 and 1190.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Pennsylvania
Buffalo
Alabama
Cotton futures steady gains from Cotter market report
Cotten futures closed steady with modest gains across contracts. Prices hovered near 69 to 73 higher with December around 23.44, January near 23.33, and nearby quotes showing limited movement. Trading appeared cautious as the session ended with mild gains and steady demand on the futures board.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Janis
Building Costs Fall Slowly as Material Prices Decline
The chart shows current prices for key materials and labor relative to prewar figures. Lumber leads gains over 1919, with glass and nails rising modestly. overall building costs remain well above 1914 levels, though materials have declined while labor costs edge up slowly due to long term contracts.
MENTIONED IN THIS ARTICLE
Stemi Ag
Bond Market Sees Split Rally Amid Year Low Trading
Bond activity stays near annual low with pockets of life in mortgages and convertibles led by International Telephone. Southern Pacific and six percent mortgages in Anaconda Copper and Barnhart show strength while General Motors Acceptance and United States Treasuries remain subdued. Upcoming offerings include Iowa-Nebraska Light and Power with prices yielding around 5.20 percent.
MENTIONED IN THIS ARTICLE
New York
Associated Press
International Telephone
Southern Pacific 45
Anaconda Copper Company
Barnsaall Corporation
General Motors
United States
Grain markets show sharp early decline in wheat and corn
Chicago grain prices opened lower on reports of strong Canadian harvest prospects. Wheat fell to 1 3 8 1 8 per bushel with September at 1 38 1 2, December 1 40 1 4, and March 1 43 1 4. Corn started near 2 10 1 1 2 and slid further, oats weaker across the board. Overall heavy closes left wheat down 3 1 2 to 4 cents, corn down 2 6 to 3 3 4 cents, oats off 1 1 2 to 2 1 4 cents.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
Canada
Rubber New York Market Report
Rubber closed easy on late August trading with Sept at 34.40, Dec 35.30, and March 35.30. Spot prices showed smoked ribbed at 54.18.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Also Mentioned on This Page
U. S. Steel
Trouser
Fledson
E. Willard & Co., Inc
Enarourers
West 43d St
Bridgeport
Furst National Bank
Tel Barnum
Badion
Hemphill
Noyes
Mosabere
New York Stock Exchange
City Savings Bank
Telephone Baroum
Dow
Italy
N.Y
Washington
ATO Na Hisense Teal Cihe
Vita Amerada
Brintean
Annia Boy
Ateerican
Faly Ann
Northern Darth & Tls
Northwestern
Inlug
Rao
Aine Lipp
Roy
Teinchmann Co
Lee
Foundation
Tetermitl Corp
Owens Bote
Ana
Tianna
Lusky
Dixie Cement
Buly
Giubet Hiros
Goodrich
Cis
Mons Co
Ann
Gt West
UL Bay
Creene
Stites Steel
Sury_ Corp
Santa
Hanna Co
Artman Corp
Hollander Son
Sap
Asoud
Houston
Howe Sound Co
Hudson Manhattan
Teada
Hudson Motor Car Smn
Bet Motor Car
Ttuid Lee
IO Ingersoll
Rand aSay
Pepie' Tron
Ign Cray
Toyal Dutch OY
OID
Jusept
Fead
St Louis Bun Lean
Ty Hiss
Lanix Southwest
Nbulte
Selata
Warity
Sennara Aire
Loeback
Tom Seneca
Uta Cane Susar
Intertspe Corp
Ule
Tal Loilson
Kim Ser Ay Co
Ely
Kelly Spring
Erling
Rodin
Joore Wiles
Blyoult
Ray al
Stilebaker
Magia
Wallin On Co Ag
Mrg Co
Mallinson
Dana Trust
Ands Bros
Joo Market
Martin Tair
ATUG
Enders Isa
Miller Publer
Wwe
Entral Aus
Montgomery Ward
Slater
Rollin
Ad & AM
Jean
Jay Waldorf System
Warren Brox
Wester Murry Land
Brisi
Sud Bal
Associates
Bowe
Ae International Telephone
Llowa-Nebraska Light and Power
Bank and Insurance
Barkolle
Gank If Amerian Toy “ Vo Bank
Jef Uritel
Bowery
Cerun
Crnsty ‘Trust Co KL
Comneice National Cty Bank Tyrat Satlonu
Buk
Smv
York ‘Lust
Guaranty and ‘Trust Co Ae
Mortgace
Tr Insurance
Gener
Aig
Erent Americus
Yu Hanasc al Hartford
Niagara
Asualte
Uarante
Aluizage National Saiestath
Marguse
S Corp
Indus
Ogo
Stoc
Bona
Fist Grace Rails Fen
Noble
New England Equity Corp
State St
Bankers Capital Company of
Connecticut
New Haven
First National Bank
Bridgeport, Conn
H H Guaper
E J Squances
Ju Erk Roof Randall Hoa McKillgr
Daniel Pyle EaRte
Hepauann
John Keogh
F Connor
F Siemon
Bankers Capital
Bridgeport Telephoc
Central Property
Union Square
Main Street
H. L. Blackman & Son
State Street
Barnum
Lacey R. Blackman, Auctioneer
THE
Jobat
First National Bank of Bridgeport, Conn
State & Main Sts
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