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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Dec 31, 1927

Page

19

Stock Market Steady Amid Irregular Price Movements

New York December 30. Irregular price movements characterized the stock market with a steady undertone. Volume fell though daily sales exceeded 2 million shares as brokers loans rose to about 75.6 million dollars and call money remained plentiful at 6.25 percent. Several issues reached new highs led by industrial and railroad stocks, with Mourning and other large components notably active. Industry groups and commodities showed narrow moves. foreign exchange firmed slightly with sterling near 4.883 and French francs at 9.925.

New York Associated Press Dey South America Canaan

Treasury Balance Report From Warrington Dec 80

Daily statement of the United States Treasury shows Balance general fund today as 9280, 624,992.27. The report lists current funds and overall balance reflecting government cash position for the period.

Warrington The United States Treasury

Bank and Insurance Stock Quotations

Bank and Insurance Stock Quotations furnished by Bankers Capital list current prices for listed banks and insurance companies. Includes opening bid, latest sale, high and low for the day, and brief market notes on notable movements.

Bank and Insurance Bankers Capital

Stock Averages And Bond Averages Reported Friday

Stock market averages and bond market figures are listed with industrials rails and utilities. The AP roundup shows Friday readings, ex-dividend notes, and total sales, including 2,206,100 shares traded and bond sales value around 11.98 million.

Holders urged to convert gas and electric debentures

To the Holders of Associated Gas and Electric Company 54 percent Convertible Gold Debentures due February 1 1977 your debentures are convertible in accordance with their terms for a limited period into Class A Stock and Common Stock of Associated Gas and Electric Company. The first 10 000 000 of a total issue of 40 000 000 surrendered for conversion will be converted on a unit basis of two shares of Class A Stock and one share of Common Stock per 110 principal amount. The conversion price increases thereafter five dollars per unit for each additional five million dollars.

Associated Gas and Electric Company

Industrials Rise On Curb In Spite Of Heavy Selling

New York December 30. The curb market shows profit taking but many industrial and specialty favorites retain support amid a firm undertone. Canadian Marconi again led volume with small price change. American Rolling Mills rose about 8 points to 111 7 8, closing near 110. Midland Steel fell 8 points. Federated Metals International Cigar Machinery Anglo Chilean Nitrate Pennsylvania Salt Campbell Wyatt posted gains. Petroleum stocks showed strength with Vacuum British American and Penn-Mex Fuel leading. Utilities quiet though Electric Bond and Share performed solidly. New issue St. Pauls demonstrated near-term reorganization prospects before the Interstate Commerce Commission. Farley? notes and bond markets hit new highs. Frachmen Radio and Welch Grape Juice sank to year lows. Banditary Bunker Hill and Sullivan Shattuck Den Mining Fansteel Products bore substantial losses. David A. Page predicted a strong 1928 curb market year citing solid fundamentals and reduced election anxiety.

New York Associated Press Marconi Midland Steel Common Federated Metals International Cigar Machinery Pennsylvania Salt Campbell Wyatt Petroleum Festies Paul Iasues New Gave & Road Interstate Commerce Commission Freachmen Radio Welch Bunker Hill and Sullivan Shattuck den David A. Page

Local Connecticut Produce Prices Report

Furnished by the Commissioner of Agriculture of Connecticut. Prices for fruits, vegetables, poultry and dairy, livestock and meats, hay and grain are listed with various per unit amounts and ranges. Notable items include apples, oranges from Florida and California, cranberries, potatoes, tomatoes, beans, cabbage, beef and veal, pork, butter, hay, wheat, corn, and flour with regionally varying price ranges.

Kennery Deor Po

Foreign exchange rates in New York on Dec. 30

The Associated Press reports easy foreign exchange with quotes for Great Britain and other nations. Cables and bank bills show varied figures including France at 3.93 1 2 and Japan at 46.69 with several European and South American currencies listed.

New York Associated Press Eenta Great Britain France Italy Belgium Germany Holland Norway Denmark Switzerland Spain Greece Poland Czechoslovakia Jugoslavia Austria Portugal Roumania Argentina Brazil Tokyo Shanghai Montreal DP AZ

Cotton futures close steady amid mixed gains

Cotton futures closed steady with slight gains on some months. January to March 1970 1972, May 1985 to 1986, July 176 to 1077, October 1018. Spot middling prices quiet at 2010.

New York

Money news round up from New York market close

Call money firm at 5 1 2 percent with closing bids at 5 1 2 percent. Time loans steady with mixed collateral. Short to 60 90 days at 4 1 2 percent. 4 6 months at 4 1 4 percent. Pipeline mercantile paper quoted at 3 3 4 percent.

New York Associates Press Peline Mercantile

Bonds Head Upward Amid Easy Money Riding Rise

The bond market advanced again as easy money conditions and anticipated year end distributions boosted demand. St Paul Railway and other rails led gains after H A Scandyett was named president of the reorganized company. Interchange commission expectations contributed to the upswing, with Northern Pacific 4s and New Haven 4s reaching new peaks. Copper issues led, Andes 73 rising about 5 points and Anaconda Ts up over a point, while Gale Consolidated Gas eased and Interborough faced minor drops. Foreign issues saw Latin American separations firm, Third Liberty 41 28 and Federal government bonds remained active amid a broad, orderly session.

New York Associated Press St. Paul Railway Lessies H. A. Scandyett Interstate ‘Commerce Commission Interstate Commerce Commission Anaconda Broodgir Union Gas Interborough Ga

Empress of Asia Arrives Through Hong Kong Route

Shipping news notes the vessel Empress of Asia arriving from Vancouver via Hong Kong on December 28. The ship is listed with connections to New York Colombo Genoa and Cherbourg with December 30 timetables and a failed voyage of the Republic.

Empress of Asia Hong Kong Vancouver Republic Cherbourg New York Colombo Genoa Beth York

Also Mentioned on This Page

American International Corporation Coty Christie Brown Detroit Edison Fleischmann Inland Steel General Refactories International Business Machines Nash, Packard Life Savers Mexican Petroleum Simmons Company Youngstown Sheet and Tube Warren Bros American Water Works Calumet Arizona Electric Foundation Company Green Cananea Copper Lima Locomotive Mullins Body Paramount Pemous Players Porto Hican Tobacco A and B Underwood Typewriter United Biscuit Common St. Paul Treasury Balance Am. Ke Bank of America V.T Bos Bank of Manhattan Wuhly Bank of Y T. Ue Zowne United States Seeurity Trist Co Ommun W Bower Trst Company Central Onion Trust Co Lapa Chave National Hanis Chemical National Bank Colonial Banc Corn Terhange Bank Ais Empire Trust Isi Id Farmers Loan Avenua Bank Ve First National Bank AIO Giffold National Anvanty Bankers Caplini Corp Bankera Cap. Corp Bankers Financial Trust Guaranty Bachango Budbeutt Subawen Mwan Ky Bn Jing Wal Servie Owens Erie Nui Brie Ajax Hiss Ain Western Tivenhandle Amerada Corp Ay Bros Itty Sten Uv My Si Fler Ants Foundation Holy Erlvas Motor Satkux Pentek Ford Au Con Penn Morrta Alan Gen Moture Ain Metal Co Gillette Poston Aunt Tallintor Bay Glinber Bros Gunden Co Trefuera Commerce Ant Shipbuilding Adaini Aysion Goody Rarino An Punta Alegre Ain Kleel Furs Late Corp of Am Tabarco Gulf Rety Co Hama Co Havana Acania Heraher Reynolds Bong Heynille Tuba Jena Arn Co Hershey Choe LOM Arm Co Richfeld Sey Vat Hollandir Sonality Slg bin Akon Tow Ina Co Asd Clairm Amol Conatab. Corpo Uae Lutland Hunston Wit St Joseph Leal San Be Wiry Lela Sun Wran UMM Hudzon Manhator Louis South Hudson ‘Motor St Lamin Southwest Ras St Hupp Savage Army Gox Rchalte Ba Sty Gu Ath Refining Bowder Peetot Ay Ae A Iniian Seal Air Cine Sa Bexhol Ae Aw Autosale, Corp BO Ingersoll Rand Ingersoll Rand P Seneva Stroy Aly A Papa Falani Steel Bhattuck Co Hell Union Baltimore Ohio SOR Shubert Dar Aroostook the Tower Agri Oh Cit Sims Petroleum Aig Tiarpsdall Corp Sy Uernsdall Corp A” Ang Sy Ag Brgaint Agri Lo Sinclair Con OM P Buty Sonthers Cal Southern Bloomingdale Browet Biason Southern Borden Bneay Booth Jeo Briggs Mie Co Island Creek Coal A Brooklyn Edison Katine Peeo Derty Wi Jones Ak Ermewick Kaw City Kaw City South Ry Kaiser Emart Warner Burns Romberg Cath Burns Bros Pit Kelly Spring Tire Aoty Fo Bain Studebake Coxpook Ng Chan Si Burroughs Adil Kinner Co BER Ta LO Superior Steel Sweets Co Butte Cop Zinc Kreege Texag Pacific Min TT Sam Lehigh Val Myers Lina Toco Thy Cerro de Pasco Chandler Cleev Timken Rell Chase Xat Bank Lorik iPierre EanaaTy EMS Tobaccs Willms St Chicago East Il Mactindrews Forbes Gt Western Mackay Cos Taian Pacifin . Ly MeKinson Co United Clastores Menaul. Sugar North Western BEX BBC Aay al Wi Chile Hahry Marland Alcoher Chrysler Corp Martin Rockwell Ut Co Nis Martin Darsy Teather Ict Maytag Co Colorado Sancon R & Steel Congolewn-Nairn Cureas Cigar Milas Pacific Conley ‘Tin Foll TOD Slige Pac Dyer TAN Consolidated Clear Montana Power Fonso Montgomery Ward Uy Ua Moon Mit Continental Coat Baking Nash Murray Motors Warner Gumnn Warren Brow Co Jar Ya Warren Fbon Rts Cuba Wat Tuba Co Wales Ay Gay Aby Ben Wort Dairy Cunhman's Cushman Davison Delaware Marcy Central Lott Bio A Devoe Rayneie Tang Bio Angeng Io Witten Hoty Bis Wilken Co BUN Tiel Brey If LVN Pyworth Farry Mrady Taylons Associated Gas & Electric System Associated Electric Company Chase National Bank of City of New York Broadway Chase National Bank Bonde Associated Gas and Electric Securities Company, Inc OC. O'Keeffe Niewspapr Commissioner of Agriculture State of Connecticut 1St. Paul New Haven Latin Americas Rees Northern Pacific Chesapeake Corporation Great Northern Andes 73 Bankers Capital Company Retageport, Cons Hartford Bankers Security Trust Co Bridgepot Noble Our Christmas Club American Bank&Trust Co East Main Street Barnum Ave STAR Water Streets H. L. Blackman & Son State Street Lacey R. Blackman Rhbhiye
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