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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Dec 08, 1927

Page

21

Coolidge Move Triggers Bearish Shift in Stock Markets

New York reports show speculative tone turned bearish amid heavy selling and bullish pools in select issues. Declines in steel and other high priced stocks balanced by late rally. calls for tighter money rates and gold exports weighed on sentiment.

New York Associated, Press Coolidge Walt Financial District Boston Federal Reserve Bank Lehigh Valley Railroad Loomis Trafic International Shoe Company Mellon Congress

Stock Averages Reported by the Associated Press Bond Market Averages

The report lists early 20th century bond and stock averages by category with figures for Rails Utilities Industrials and combined totals. It notes total bond sales of par value and shows daily, weekly, and yearly stock figures including highs and lows for 1927.

Associated Press Indus

Curb List Dips as Market Favors Downward Trend

New York December 7. The curb market shows a downward drift aligned with the big board amid top heavy speculative positions. Petroleum shares slump slightly while Vacuum remains firm. General Alloys jumps to 14 from 13 with 100,000 shares outstanding. Independent strength appears in several issues as prices hit new peaks, including Sidney Blumenthal rising to 30 and Canadian Marconi driven by radio system hopes.

New York Associated Press Bears Insurance Company of North America McCall Corporation Midland Steel Products Spark Withington Syracuse Washington Machine United Verde General Ahoys Boston Stock Exchange Ford General Motors General Electric Pennsylvania Railroad Marconi Montreal Sidney Blumenthal Alles and Tisher Evans Auto Loading National Public Services

Foreign exchange rates and daily Treasury balance noted

The daily Treasury statement lists foreign exchange quotations for major currencies including Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal and others with bid and cable figures. It also shows a general fund balance of 817,910,032.75 dollars as of today December 7 in Washington.

Pep Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czecho-Slovakia Jugoslavia Austria Roumania Argentine Brazil Japan Montreal Washington United States Treasury Balance General Fund

Railway liens lead bond market as Coolidge signals tax policy

Buying of railway liens dominates trading with gains in Erle bs and General Liens, Missouri Pacific, and other carrier mortgages hitting new highs. Copper bonds rise on firmer copper prices while Rock Island and Florida East Coast soften. Public utilities stay quiet and foreign issues show mixed results amid light federal government activity.

New York Associated Press Coolidge Congress London Wall Street Missouri Pacific Rock Island Florida East Coast Chile Aaa

Liberty Bond and Treasury Rates Fragment

Fragmentary OCR listing Liberty Bonds and Treasury rates with multiple figures and codes. The readable items include small numeric values like 103.22 100.24 103.01 135.23 110.23 and references to Liberty and Treasury entries, but no coherent event or narrative beyond isolated numbers.

New York Associated Liberty Ist Liberty Sra Liberty Treasury

Potatoes and Eggs Steady as Receipts Hit Highs Across Regions

Market notes show potatoes steady with 50 car receipts in Long Island, Green Mountain 4.00 to 4.16 per 180 pounds, Maine 3.40 to 3.88, New York cobblers 3.60 per 150 pounds. Eggs steady to firm with 16,233 receipts. Pacific coast whites steady with freight 63 to 65, express 57, firsts 50 to 62. Butter firm with 16,430 receipts.

New York Associated Press Long Island Green Mountain Maine Pacific Coast

Interesting Comparisons in December Lituration bulletin

Interesting comparisons about prospective betterment of basic industries and dependent sectors are presented in our December Lituration. The bulletin also offers a group of selected industries for consideration with references to Hemphill Noyes and Company based in New York and a Long Island city address, listing several regional offices.

Also Mentioned on This Page

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