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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Dec 28, 1927

Page

16

Stock Market Turns Irregular as Money Rates Tighten

Stock market trading showed irregularity as money rates tightened on December 27. Major issues like American Rolling Mills Midland Products and Celanese moved higher while some preferreds hit new highs. Reuters reports strong activity in Salt Creek and Mountain Producers with uneven gains across sectors including industrial rayon and U S Freight.

Cot Gulf Cl Penton Justrial Rayon Celanese Commons

Morgan Plans New Partner as Dwight T. Morrow Resigns

York Dec 27 By Associated Press Dwight W. Morrow will resign as partner of J P Morgan and Company to become ambassador to Mexico. The vacancy will be filled January 1 by Branley, head of the Guaranty Trust Company, taking a Morgan partnership with ties to Morgan houses in Philadelphia, London and Paris. Branley, Yale graduate, has led the Guaranty since 1921 and also serves as vice president of Guaranty Trust and other firms. Morgan partners listed include Thomas W. La Lloyd, Thomas Cochran, Junius Spencer Morgan Jr, George Whitnes, and Cornel Leming among others.

New York Ona Bethlenem Steel Cor Tobacco Products Company Gaa and Electric Company Northern Power Company Yale Greenwich Branley Guaranty Guaranty Trust Stanley Great Barrington Mass B. F. Goodiien Company Hem Steel Company Columbiang. Morgan Partners Thomas W. la- Lloyd Thomas S. Thomas Cochran Junius Spen- Morgen George Whitnes Rus- Cornel Leming Francis I. B Arthur M. Anderson William

Shipping News Fragment Indicates Several Transatlantic Arrivals

Shipping notices list arrivals and movements of ships including Patria St Michaels and Woltaire with dates in December and December 25 27. Mentions ports New York Port Said Rio de Janeiro Plymouth and Bretaen with various origin points and ship names.

Patria St. Michaels Frees New York Reas Australia Port Said Enetican Bunker Plymoun Decemge

Cotton futures steady with modest gains on Dec 27

Cotton futures closed mildly higher with January at 19.62 to 19.63 and March at 19.70 to 19.73. May climbed to 19.84 to 19.66, July 19.75 to 19.78, and October 19.16 to 19.18 amid steady trading. Movements reflect ongoing market activity as year end figures show Chicago and Northwestern earnings and monthly totals contrasting with 1926 period results.

New York Sssoc I Wteadly

Readjustment Trims Trading in New York Stock Market

Extensive readjustment of speculative accounts caused irregular price movement in New York trading. Call money rose to 5 12 percent as about 25 million dollars in loans were called, limiting speculative action. Volume fell to just over 2 million shares from last week's near 3 million. Rumors of executive changes at major firms unsettled traders while bear covering moderated losses. Steel and auto stocks showed mixed results with General Motors edging higher and Archer Daniels Midland hitting new peaks on dividend hopes.

New York Associated Press Commission Tsu Ageas the & Else Steel J. P. Morgan Myron Taylor Elbert H. Gers James A. Perret Steel Common General Motors Aome Ustal Chevrolet Mack Trucks Midland Steel Products Collins & Aikman Archer Daniels Midland Archer Daniels Abittbl Power Brooklyn Edison Certo Corporation Davis Chemical Otis Elevator Pittsburgh Terminal Coal U. S. Cast Tron Pipe Calnago Pneumatic Tool Gimbet Bros Montgomery-Ward Parmn Atcan Tobacco

Grain prices rally as corn leads broad grain advance

Chicago grain prices firm after corn jumps on oversold signals and rumors that government figures overestimate yields. Wheat declines slightly as corn and oats influence prices. receipts and weather expectations shape limited North American wheat activity. Provisions edge mixed with late gains in some grains.

Chicago Associated Press Kansas City Oamba Chris

Stock Averages Ad Market Verages

Market report notes stock averages and a list of prices presented in an unclear OCR style. It mentions total sales figures and various numerical entries such as 87.91 and 108.05, with references to rifles and trials and combined yearly data. The fragmentary text lacks clear entities or a coherent event.

Money York Market Summary Amid Mixed Crises

York money market report notes steady conditions with varied bid levels. Time loan quotes show 64.90 for 64 to 90 days and 41.40 for four to six months. Prime mercantile paper quoted at 33.44.

York All Mon Imer Big Pie vi Raling Rite Prime Mercantile

Rubber futures close steady as markets hold gains

The market reported steady closes for January at 41.80, March 41.80, and May 42.10 as the Rubber market steadies on December 27. In a separate note, funds in the United States ares fund stood around 1,407,053 00 with a brief update from Washington.

Uby Asned Washington Studg Nt United States Lreaveners

Liberty Bond Prices and Treasury Notes Report

New York December 27 closing Liberty bonds and Treasury notes reported by Associated Press. Liberty 1 28 22 at 101.26. Do first 4 Inds 88 at 104.13. Do third 4 1 4s 58 at 190.23. Do four 4 1-45 ay at 103.30. Treasury 45 at 110.85. Treasury 3-83 at 1038 10.

New York Associate Press Inneriier Liberty Treasury

Foreign exchange quotations New York Dec 27 185

Foreign exchanges firm quotations in cents for Great Britain France Italy Germany Norway Sweden Denmark Switzerland and other markets. Rates include demand cables remand and bank bills with various figures across currencies and a Montreal reference.

New York Associated Press Great Britain France Italy

New York Produce Prices and Receipts Report

Market report summary of December 27 detailing eggs and potatoes prices at New York, Long Island, Maine and Pacific coast markets. Includes receipts, storage status, varieties such as extra firsts and extras, with tables of egg classes and potato pricing benchmarks.

Associated Press Frais Exuin Tancy Stern Hennery Pilots Henshery Browne Pacific Coast Green Mountain Maine

Bond Market Irregularity As Trading Falters In New York

In New York on December 27 trading in the bond market fell to a low ebb with fractional irregularity in prices. Money rates rose though time loans stayed steady, keeping large offerings scarce. A few mortgages led gains, notably Brooklyn Union Gas 61-28 and Liquid Carbonic 6s, while railways and public utilities drew little interest. Foreign bonds showed firmness with German and French issues best, and United States government securities maintained a steady undertone amid sparse overall activity.

New York Associated Press Brooklyn Unicon Rail Way New Haven United States

Metals market roundup from copper to antimony

Copper quiet in electrolytic spot and futures. Tin steady with spot 58.25 and near term 68.00. Tin futures hold. Lead steady at New York 6.50 and East St. Louis 6.30. No. 2 Mississippi? No. 2 Buffalo 16.50 to 17.00 F O B. Antimony spot 10.75. Prices cited for Eastern Pennsylvania and Alabama as well.

New York Associated Press Eastern Pennsylvania F. O B Buffalo Alyubama Lead Quiet East St. Louis

AG&E declares stock dividend and cash dividend on Class A stock

Associated Gas and Electric Company announces a regular quarterly dividend on Class A stock of 500 per share to record holders as of January 10 1928 payable in cash on February 1 1928. An additional 25 cent per share dividend from surplus is payable in cash or scrip at $8 per share for fractional shares. Holders may reinvest the regular dividend to buy more Class A shares at $8 per share. Record date changed to January 10 1928.

Wire Board of Directors

Also Mentioned on This Page

Assortat Press Ing Newmont U.S Warner Brothers Pictures Electrle Anley Fe Morgan Sident Morrow Northwestern U. S North America Treasury Balance Bank and Insurance Etna Taz Wetta TF Bane Cortort Munteane Bankers Capital Bel Heme Ceres Bask Manhattan Company Om Ee Bank Imust Cn Léon Vane Depesal Bergham Germany Howland Norway Sweden Denmrk Switzerland Greece Poland New Lew Dart York Ganllus Corp de Alshim Straus Adv Ranely Texas Alaska Gardner Moturty SI Cyyua Ely Gyano Pacific Geo TIM Agrl Choi Panhard Utah Patna Am Brug Gilden Unia Goodrich A Co Ely Bea Linsey Dea West Vittalurgh Harbin Corp BRB Gariman Corp Iki Hollander Stel Lousehold Vo Ae Houston Anne & Re Ty Howe Enea Manhattan Tivison Hupp Motor Car Atami Corp Pears Ag HICOR Nan i Ry & Ar Hiternat Agel Corp Agel Resnington Rand O & Cement Arhold Articom Karp Bayer Austin Hilver Type Corp Seagrave Corp Eamger Aromine Jonian Sater Sud Kinney Cloy Kresge Nair Mack Traul Lee Rutver Brunswick Balke Brunswick Dtarns Bros A Stan Ants Akar ‘Burns Hop Jd Myers Jo Durns Lima Wiles Biscait Frednets San Lo Symington Co Souiteru Ag Ab Mackay Co Symington UN Garde Toleaute Corp i Central Albay Mount Sugar Exon Timken Ball Beas Marland Aia Sh Bon Itv Marin Torkwi Tompre Corpa Marth Parry Westers Saar McCrury Paul Sentwand Kim Pat Bove Collins Suu Montgamers Ward Sea Slumuia BRI Bas Miniiins Ponty Fig Taiv Fas Lobe Martay- Corp Ant ‘ Bay Lute Nasty Motors Wig Lunde Ity Ted Olgar USA Moss Poe SeGh Conk Baling Man Orleans Tex Fe Jon Lars Wabash Aid Cuba Amb Warner Quintin B Bros Ca Las Hery Ares Aii Ion Daina Tide Rouen Elona N. Y Jim Ted Associated Gas and Electric Company Broadway Bankers Capital Company First National Bank Bridgeport, Com Weeterbury Hartford Bankers Security Trust Company Bridgeport Telephone Noble Utu Desai the Mutual System Bank Street SP. AL Wwe Beer Ile Axel Sapety Frorel Fosenturs Reidgeport Vietnits Labrheld Ueaserbach Ask Tor Rebsang Feso Atu Leod Ape Oee Guaranty IT Company Main Street Conn New England Investment Securities Old Colony Corporation Boston Beart Street Ralephone Maui
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