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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 30, 1927

Page

19

Stock Market Ends Year With Irregular Bond Movements

New York trading mixed as year end adjustments shift speculative accounts. Large volume in rails and industrials, with U S Steel up 15 8 and several locomotive shares rising. Bank rate unchanged. French discount rate cut sparks gold shipment talk. foreign exchange moves limited by unsettled tone.

J Bridgeport Telegram New York Associated Press Federal Reserve New York Federal Reserve Bank Bank of France Wall Street France Baldwin American Brake Shoe and Foundry American Gar and Foundry American Locomotive Lima Locomotive U. S. Steel Common Colorado Uns Hudson Nash General Motors Common Brooklyn Edigon Brookly Union Gas Consolidated Gas American International Christie , Brown and Manati Sugar Midland Steel Products Collins and Aikman Cres Carpet Kelly-Springfield Savage Arms Snider Packing Worthington

Curb List Drops as Traders Show Mixed Year-End

New York Dec. 29 The curb market closed with irregularities due to year end account adjustments. Utilities led declines while specialty stocks gained and several issues hit new highs. Firestone Midland Steel United Electric Bond and Share and American Rolling Mills showed notable moves as Brisk demand continued for Johns Manville Newmont Mining and Philip Morris.

WEW York Associated Press Firestone Midland Steel Aluminum Company of America Brockway Motors United Bigault International Ciger Machinery American Johns Manville Newmont Mining Philip Morris Gulf Standard of Kentucky Ouz Company, Inc

Money market closes steady with firm call loans

Money New York reports firm call money at 5 1-2 percent with closing bid 5 1-2. Time loans hold at 4 1-4 to 4 1-8 percent for 60 to 90 days, and 4 1-4 percent for 4 to 6 months. Prime mercantile paper quoted at 3 3-4 to 4 percent.

New York Associated Press Prime Mercantile

Treasury Daily Statement Shows Balance in General Fund

Washington December 29 The daily statement of the United States Treasury records the balance general fund at 242, 49,214.46 dollars.

Washington The United States Treasury Balance General Fund

Market News: Bank and Insurance Stock and Exchange Rates

Foreign exchange quotes show demand and cable rates for major nations led by Great Britain France and Italy. Listed currencies include Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czecho Slovakia Jugoslavia Austria Romania and larger markets like Argentina Brazil Tokyo Shanghai and Montreal. The page also tracks equities with assorted company listings and trading totals, noting changes from prior periods.

New York Associated Press Great Britain France Italy Enbles Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czecho-Slovakia Jugo-Slavia Austria Roumania Argentina Brazil Tokyo Shanghai Montreal

Bankers Capital Corp Trust Bond and Mortgage Bond

Fragmentary OCR reads Bankers Capital Corp and related terms including Title and Mortgage Bond in New York context.uaris

American Surety Banker Capital Corp Bankers Cap. Corp. von Bankers Haster Tanyera Mortgaze Jawyera N.Y

Bond Market Shows Effect Of Moderately Active Selling

Bond prices showed irregularity with moderately active selling in some groups including railroads. Government bonds were brisk, with Treasuries 33-45 34-88 and 41-45 trading in large amounts. French bonds firm amid gold standard expectations. Bank of France discount rate cut anticipated to aid gold shipment. Railroad liens and certain rail stocks faced selling. Des Moines & Fort Dodgers declined to new lows.

New York Associated Press Lews United States Treasury France Bank of France Brooklyn Jon Ges Ister Florida East Coast Union Missouri Pacific Des Moines& Fort Dodgers

Also Mentioned on This Page

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