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Bridgeport Telegram in Bridgeport, Connecticut

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Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Dec 29, 1927

Page

20

Readjustment of Position Causes Drop in General Stock Dist

Convertible mortgages again prominent in bond trading as issues moved with general rate expectations. Mixed gains and losses across segments, with Union Carbide and Nickel stocks among leaders, while steel and railroad bonds fluctuated. Foreign group mostly firm with limited activity, US market declines steady after midday.

Fe York Union Cis Owith Nile Ga Pennsylvania eAmerican L. S

Foreign exchange rates and notes from New York market

In New York on Dec 28 the foreign exchange market showed small shifts with rates for Great Britain at 487 11-16 for cables 488 11-32 and bills on banks 463 13 3.93. Cables at 2 per 3-4 177 3 13.98 and 1-2 y 25.86. Various currencies including Austria Roumania and Serbia displayed mixed quotes with minor gains and losses across cables and hand currencies.

Imaw York Great Britain Hand Hornkla Austria Roumania Hat Sientreal

Oil Bonds Pact Seeks On Demand Crude Supply

Sinclair Crude Oil Purchasing Company and Standard Oil of Indiana plan an oil purchase contract. Each holds 50 percent of Uns Company stock and would buy crude and tankage on demand from the other, under terms tied to bond outstandings and market yields around 5.70 percent. The notice lists Bowery Bank offices and telephone contacts in Bridgeport and Philadelphia.

Standard Oil Company of Indiana Sinclair Cons Oi Corporation Uns Company Athe Company Associated Electric Company Chase National Bank of City of New York Broadway Anr Yan and Kivetrin Lunde Associated Gas and Electric Company Associated Gas and Electric Cuonpaumy

Bank and Insurance Stock Quotations

Bankers Capital provides stock quotations for banks and insurers. The list covers multiple issuer names with prices, changes, and latest trading figures, highlighting sector performance and notable movers in financial services.

Bank and Insurance

Curb irregular with price drop noted on New York market

In New York on December 26 the curb market showed irregular activity with most price changes down. Early gains faded as heavy selling pressure emerged, while a few favorites advanced. Notable moves included Midland Steel Product and American Rolling Mills peaking before declines, and Gulf regaining part of prior losses amid mixed results across sectors.

New York Associated Press Midland Stock Exchange Jnstall Marconi Yerlercay’s Ford of Canada Shaeffer Pen Safeway Stores Deere and Company Marvel International Cigar A. S

Cotton futures end steady with varied gains and losses

Cotton futures closed mixed with declines of 12 to 19 points. January at 19.49, March 19.59, May 19.73, July 18.44, and October 19.03 while middling cotton held around 20.00. Clearing house figures show exchanges near 1.943 billion dollars and a federal reserve balance around 104 million.

New York Associated Press Federal Reserve Bank

Prices Decline After Technical Readjustment In Stock Market

New York and Washington reports show a weak afternoon session with widespread declines across many issues though some rail equipment and consumer stocks posted gains. Steel, General Motors, and several big names moved lower while commodities and foreign exchange markets showed mixed results despite some early upturns.

WEW York Associated Press Wall Street A. & Breet J. P. Morgan General Motors

Also Mentioned on This Page

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