Market reverses early loss as stocks rally in late session
In New York trading, stocks recovered from an opening weakness to post a sharp rally in the afternoon. Bonds held steady while market participants cited technical corrections, with steel and railroad shares showing gains amid mixed commodity prices and steady money rates.
MENTIONED IN THIS ARTICLE
Hravry
Hudson Motors
Rubber Kharee
Pick Company
Amy Ould
Marland
Union
California
D Oubta
Government Obligations Lead Bond Market Trading
In New York trading, the bond market showed a generally steady tone with slight gains and mixed activity. Government issues remained central as Treasury yields edged higher, while Liberty bonds held steady amid modest volume and foreign issues provided some uplift to select railroad and utility bonds.
MENTIONED IN THIS ARTICLE
Treasury
Liberty
New York
Turda
Company Sues Over Potatoes Sold At Loss
The Peninsula Produce Exchange seeks $754 from Kalman C Geldbererr in Superior Court claiming on July 6 278 the Morvan company agreed to buy five car loads of potatoes from Goldberger and that arrival in Maryland forced a sale at a loss.
MENTIONED IN THIS ARTICLE
Peninsula Produce Exchange Company
Poecomoake Marsden
Pedertay
Ain
Kalman C Geldbererr
Morvan
Goldberger
Rubber Mixed to Steady Market on Midday Trade
Rubber prices closed steady amid light activity on a midafternoon session in New York with quotes near 39.60. Market sources noted contain low volume and modest trading, with dealers citing stable demand and limited new supply.
MENTIONED IN THIS ARTICLE
New York
Bus Line Sues Firm for Garage Failure
The Gray Line Bus company filed suit in the Superior Court against the City National Bank as trustee for Masters Engineering, seeking 25000 in damages for losses caused by Masters Engineering failing to erect a garage for the bus line after paying 21600.
MENTIONED IN THIS ARTICLE
Gray Line Bus Company
Lenis City
City National Bank
Masters Engineering Company
Bpoke
Astern Engineering Company
Cotton futures close barely steady on mixed gains
Cotton futures closed barely steady with modest gains across the curve. January at 12.64 to 12.85, March 12.85 to 12.99, May 13.17 to 13.19, July 13.17 to 13.19, October 12.78 to 13.36, with spot prices steady for middling.
MENTIONED IN THIS ARTICLE
New York
Employment Volume Drops Seasonally as Year Ends
The 1928 closings indicate a seasonal taper in employment across the country with declines in outdoor work, road and harvest activity, and building labor. Coal mining shows good conditions while textiles show modest improvement. payroll totals rose more than overall employment.
MENTIONED IN THIS ARTICLE
Labue Gurplis
Berins Bret Aos
Rodle Ertase
Autor Soriea
Yesterday's Stock Transactions
The Associated Press reports daily stock market activity with a roundup of major index moves and notable gains or losses across key sectors. Investors tracked intraday fluctuations and closing values for the Dow Jones, S&P 500, and Nasdaq composites.
Stock Averages Show Mixed Industrial Readings
The report lists 20 industrials with Wednesday figures 143.50 and 128.13, and Tuesday 145.72 and 125.88. Bond and rail averages appear, noting total stock sales at 1,577,300 shares and total bond sales of 11,870,000 par value.
MENTIONED IN THIS ARTICLE
Wea
Gerondary
Publc Utilities
Clearing House Balance Figures in New York
The New York clearing house report for December 29 shows total exchanges at 1.03 billion dollars with balances around 118 million. Federal Reserve balance data indicate approximately 140 million.
MENTIONED IN THIS ARTICLE
New York
Clearing ‘House
Federal Reserve
Greast
Buying Operations Resume on New York Curb Market
NY Dec 29 AP The curb market shows better resistance to selling pressure with prices moving irregularly higher as buying operations resume in industrials and specialties. Revival in General Baking issues featured. Union and United Tobacco rise ahead of exchange terms. American Planto surges toward a yearly high. Gobel hits new high. Motor shares lag while potential auto consolidations loom next year. Todd Shipyards reach a new peak. Warner Pictures and Pilbury Flour gain. Universal Pictures and Victor Talking Machine slide. St Regis Paper also weak. Utilities mixed amid Electric Investors strength and United Gas Improvement weakness.
MENTIONED IN THIS ARTICLE
New York
Industria
New Union
United Tobacco
American Plano
Gobel, Inc
Colcklent
Thanges
Iece
Wall Street
Todd Shipyard
Warner Pictures
B. Johns Manville
Pilbury
Universal Pictures
Victor Talking Machine
St. Regis
United Gas Improvement
Realty deeds and transfers on Hancock to Madl Yon avenues
Realty records list warranty deeds from Meyer Zucker to Gussie Wind on Hancock avenue and other transfers including Louis Wargo to Minnie Goldberg on Beechwood avenue and Alex Petrocz to Bridgeport Land and Title on Albion street. Quit claim and other deeds cover Fairview Maplewood Lincoln Cottage Madlon avenues and related properties.
MENTIONED IN THIS ARTICLE
Meyer Zucker
Gussie Wind
Hancock Avenue
Louis Wargo
Minnie Goldberg
Beechwood Avenue
Alex Petrocz
Bridgeport Land and Title Company
Albion Street
West Side Bank
Ludovico
Margherita Rauso
Edgward Marshall
Center Street
En Nikiforoff
North End Bank and ‘Trust Company
Fairview Avenue
Domenico de Moro
Isaac E. Schine
Maplewood Avenue
Auto Truck Service Company
Newfield Bank and Trust Company
Fairfield Avenue
Wiliam J. Shaughnessey, Jr
City National Bank
Hol- Hatey Avenue
Brock Construction Company
Lowa W. Mills
Anna May Greenwood
Alex Ackard
Lincoln Avenue
Virginia Arnold
Alex Accards
John F. Timmons
Margaret T. Timmons
Cottage Place
David and
Clara Stepensky
A. W. Burritt Company
Madlyon Avenue
Foreign exchange rates steady in New York market
In New York on December 29 the foreign exchange market held steady with quotations in cents for world currencies. Key rates included Great Britain at 484 15-18 for demand and 485 12 for cables, Italy at 452 demand and 4.53 cables, Argentina at 41.31 1-4, Brazil at 11.87 1-2, Tokyo at 49.06 1-4, Shanghai 69.59, and Montreal at 5.9238-16, with others listed for Belgium Germany Norway Sweden Denmark Switzerland Spain and more.
MENTIONED IN THIS ARTICLE
New York
Pec
Rya Corp
Low York
Abraham Straus
Norfolk West State
LIM
Adkins Express
North Am Co
Ina
North Amerian
Fisk
Asiny Atimuada
Fisk Ubier
Fletsimann Co
Zu Ui
Ajax
Alukadunra
al Am
AL Chen
Gorenhelm
Gabriel Sgubber
Ota Eleratur
Anon Utis Steel
Allin Chalmers
Allin Chalmers Ptd
Axphelt Bon Ats RR Bob Outlet
Ty Ik ‘ Veral Igur Ba
Holle
Cheng Ak
Am Petroleum
Ahn Bane
Am West
Bhor Fay
Panhandle Prate
al Ain Brown
Ant Shiek
Sw Gold Trust
Sun Am Deng
Goth ‘“Rilk Hos
Peoples Gas
Nntl Corp
Great West
Pilla
Ty Daly
Rane
Hartmann Corp
Pierce Arrow
Howe Sand Co
Petroleum
Hantssay
Hodsan Minnh
Banantino Pitta Steel P
Basu
Bino Commerce
Thinola Central i
Mts WoVa Ry
Agna Toston
Malty Ag
Ann Aw
Thanle Conner
Tobaly
Reading Co
Adyaan
Archer DeMidland
D-Midland Ptl
Arnold Constab Corp
Jonlan
Meynolda
Totac
Rossin Ing Co
Atchison ‘T
San Fe
Kelly Spring Tire
Bison
Royal du NY
Bir
Court Line
St Joseph
Taynbert Coory
Avatin Nichols
Seahd
Baldwin
Svars Staebk
Balthawre
Ohio
Seneca
Cowper
Baltinore
Shatturk Co
Tife Savera Tre Ony
Tan Sherwin
Tp Jong
Tig Myera Tals
Tarrarot
Aten Pid Palvzis
Almmuna Co
Shubert Theatre Co
Bam
Seri Es
Barnadal Corp
Hetainway Eesti
Minciair
Bethlehem Steel
Toelt Pmerrey Co
Bay
Beth Steel
IMA
Mtree
Southern
Uriges
LLY
Ooy
Binwalyn Ballyon
OH Makar Cosie
Southern Railway
Mackay
Ekiya Union Gas
Macy (Mh) Co
Huband
Urna Bros Beaz
BAI Lu Batrougha
Marnentha
Stel
Nsa
Butte Cop
Butte Ipertor Mining
Wuuu Lauteriek Co
Eas
Coliahan
Martag Co i Pay Sweets Co
Calumet Hee
McCrary
Symington Co
Vetrory
McIntyre
Texan Co
Central Alloy Steel
RAI Pry Asa Duo Texte
X & It
Texna Gulf Sul Nw
Tidewater Co
Chandler
Montana
Twin City
Chesapeake Ohio
Montgome Ward
Chicago
Gt Western
Moon Met
Cal
BT Ag
BI Bou
Gt Westero P
Union Pac Ta
Taton Pac P
United Drug Agr
nDot Abo
Chic North Western
United Fruit
Nash Motors
U & Iethe
Childe Co
Chrysler Corp ‘ Sr
Nat Dow Let
Colina Aikman
U 3
Steel Co i UA
Collins Aikman
National Supply
Ate
Ane
Steut
Nat Bigeult
Colorado
900 Corp
Vicks Chem
Icky Shreve Ae
Conley Tin Foi
Consol
Kadon Inc
Ing & Y
Westney
Continental Canoe
Doc Walworth
Continental Motore
Cinta Wilmette
Western Union
Cuba
Amer
Sue
Weston Hee
Delaware Findaon
Wilby
Dodge
Eaton
Roy Revee
Wright Aero
Youngstown
Baia Om Klee
Nt Acott Johns
Te Bra Ltd
Bay Bnig
Vieudourts
Kult
Havana
Twertons
Eric Sivan Smovath
Great Britain
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
dugo-Slavia
Austria
Roumania
Argentina
Brazil
New York Produce Prices and Receipts Report
AP reports New York price quotes for butter eggs cheese and vegetables with varied receipts. Butter creamery and extras range around 54 to 65 cents per unit, eggs steady with multiple grade prices, cheese steady at mixed receipts, potatoes and cabbage noting dullness, Danish white bulk prices per ton and regional bulk rates listed.
MENTIONED IN THIS ARTICLE
New York
Hennery
Pacific Coast
Long Island
Green Mountain
Maine
Treasury Balance Washington D C shows general fund total
Treasury balance report lists the general fund total as 277,218,940.49 dollars. The document appears to be a government balance statement from Washington D C. It records the overall funds available in the General Fund for the day.
MENTIONED IN THIS ARTICLE
Washington
I Dee
U. S. Treasury
Balance General Fund
Liberty Bond Rates Jump Between Treasury and War Bonds
Liberty bonds trading in New York show mixed closes with Liberty 3 1 101.03 and First 4s around 100.18 to 102.31. Treasury issues are quoted with prices near 103.08 and 110.08, reflecting varied bond activity on December 29 AP report.
MENTIONED IN THIS ARTICLE
New York
Liberty
Serond
T Dais U.S. Treasury
Money market brief notes and loan bid ranges
Call money remains firm with all loans at 5 3-2. Cloning bids 1-2. Time loans show steady and mixed demand with 60-90 days at 4 5-8 and 4 3-4, 4-6. Prime mercantile paper quoted at 4 1-4 to 1-2.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
Dec
Sharple Henge
Derong Tie
Chanes Money
Benkes Tans
Mneas
New York Federal Resei
Simeltt
Ani Balton
Nord Railways
Ity
Rheinelhbe
Altimore
New Haven
Seaboard
Osoricespur
Camantoct Associatas Bosron
Newspa Pp
THE
Associated Press
Clearing House
N. Y
N.Y
Fidelity Loan
Middle St. Cor
John Bet
John & Wall & B
Bankers Capital Company
Bridgeport
Bank and Trust Co
HLH
Gunpen
J. Sturges
J. Kimner
J. Randall
H. A. McKinner Bane
Pree
Earle Hepsurn
John Klogh
A. F. Connor
Tell. Noble
Connecticut Light & Power Co
Southern New England Tel. Co
Bridgeport Gas Light Co
United Iluminating Co. Rights
Hincks Bros. & CO
Barnum
US General Insurance Corporation
Security
Mutual Syster Thrift
Bar
the Mutual System