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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

Feb 10, 1928

Page

19

Stocks Rise Moderately As Money Rates Fall

New York trading showed a modest stock advance aided by lower money rates and favorable trade news. General Motors posted a quarterly dividend and reported strong cash and marketable securities, while steels and several industrials led gains.

New York Associated Press New York Federal Reserve New York Bank Kansas City Federal Reserve General Motors Wallstreet Ceneral Motors Common

Prices on curb soar under urge of easier money

New York stocks surged as Easter Money rules boosted market activity. Investors chased speculative bets after yesterday's bear raid, lifting many groups to new highs and pushing Electric Bond and Share to a record of 109 7 6. Some sectors weakened with industrials retreating and oil shares pressured by production and investigation fears.

New York Associated Press Bohn Aluminum and Brass Deere and Company Keystone Steel and Wire Pittsburgh Plate Sparks Willington Swift International Tubise Art Silk Marie Bottling American Ralling Srs Atlas Plywood A Spalding Formdion Marconi Wid Marconi Wireless London New Porto Celanese National Sugar Mercantile Gabel Sufew Bolines Commonwealth Edison Congress Gur Anglo-Amerian Venesuelao

Local produce prices from Connecticut agriculture department

A compact list of seasonal fruits vegetables and related goods with prices per unit or container. Items include apples oranges grapes strawberries potatoes lettuce celery peppers cauliflower onions cabbage and various meats dairy and feed products, quoted with assorted pack sizes and ranges.

Stock Averages Report From Thursday Market Totals

AP wire stock averages show land market indices and utilities at various levels with combined averages and bond sales totals. Notable figures include industrials around 188 to 192, year averages near 146 to 192, and a total stock sales volume of about 2.99 million shares with a minor ex dividend of .0875.

Rusts AG Tnd Natrlas Warkee Indus

Cotton futures end higher on steady spot market

Cotton futures closed with gains across all active months. March traded at 17.72 to 17.78, May around 17.87 to 17.89, July near 17.89 to 17.90, October 17.63 to 17.71, and December about 17.70. Spot middling price steadied at 14.26.

New York Associated Press

Bond Prices Firm in Average Trade Volume on Feb 8

In New York, bond prices held firmer amid average trading. High yield foreign issues attracted attention while new supply kept high grade issues limited. Time money rates steady. bankers acceptances narrow. Convertible mortgages and select corporate issues showed demand, with United States government securities edging higher on light volume.

New York Associated Press Standard Oil Company of Paris-Orleans Brooklyn Edison Cuba New York Traction Brooklyn-Manhattan St. Paul Pathe Exchanger United States

Bank and Insurance Stock Quotations

Bankers Capital furnishes stock quotations for banks and insurance companies. The list includes major financial institutions with prices and daily movements. Investors may note gains and losses across the sector and compare earnings indicators.

Bank and Insurance

Foreign exchange rates steady in New York market

The New York foreign exchange window shows steady quotations with demand figures for Great Britain at 486 18 16 and 487 1 4 for bills, France at 9 92 5 8, Italy at 6 28 13 16, and Germany at 33 82 1 2 among others, with several currencies including Belgium, Holland, Norway, Sweden, Denmark, Switzerland, Spain, Greece, Poland and more listed. Tokyo and Shanghai rates are noted, along with Montreal and Portugal.

Aneriva Hank Manrattan Bank of N.Y Trost United States Bankers Security Chane Nation Chatham-Phent Ate Aton Life Ivlena Globe Amd Faizerg Fa Malis Houle Lui Stork Iy Low Witwon Luba Hartford Tata Salen America Bale New York Casualty Oy Tost Buearia Fas Ogi Ton A & Casualty Westchester Belgziom Urai Canada Copenhagen Ib Klyn Mali Tenn Ganua Benaurk Ug Tig ' Bk Au Trust Losly Chea Corp France Chile Aguat Japan West Boar Bain Cuba Uz Art Nord Norway Jen Parle-Lyons-Med Varla-Lyons- Med Poland Io 100 ORG Atis & Ak Hao Paulo Noth Nora & ST Lona Goll Aradsan Mauris Tokyo City Tokyo el St Uo Gil Fig Hell Uruguay Enlai Rte Liberty Gra Londy Dairy Br West Liseog South Af Augie Hays West Wei de AY Ab Lismh New York Associated Casa Great Britain Ibles Italy Belgium Germany Holland Sweden Denmark Switzerland Spain Greece Brazil Tokyo Bhanghai Montreal Portugal

New York Produce Prices Reported by AP

Butter markets stay steady with large receipts totaling 11 898. Irregular demand yields mixed quotes for various grades from firsts to seconds. Potatoes also steady with 62 car shipments. regional prices list Maine Green Mountain bulk at 4.10 to 4.50, Long Island at 4.85 to 5.38, and Upstate New York round white around 3.35 to 3.40.

New York Fey Associated Press Maine Green Mountain Long Island Upstate Yousacks

Treasury Balance Shows General Fund in Early Statement

The Treasury Department’s early balance report for February 9 shows the general fund standing at 4,114,192.48 dollars. This balance reflects the available funds in the general account as of today, with no further details on receipts or expenditures provided in the brief note.

Washington United States Treasury

Shipping arrivals of vessels to New York from European ports

Shipping notices list several ships arriving in New York from Havana and Copenhagen and Genoa with February dates. Vessels include Alfonso XII from Havana, Roma from Genoa, George Washington from Cherbourg, and De Grasse from Havre.

Alfonso XII New York Havana United States Copenhagen Roma Genoa George Washington Cherbourg

Canadian Hydro-Electric Corp wins Ottawa power firms

Wall Street reports that the Canadian Hydro Electric Corporation, a wholly owned International Paper subsidiary, has had its offer for all stock of the Ottawa River Power and Ottawa and Hull Power companies accepted by a majority of stockholders. Directors recommend unanimous acceptance as the deal gives International Paper key hydro electric properties in the lower Ottawa valley. Net income for 1926 was 4,365,199.

New York Associated Press Ottawa River Power Company Ottawa and Hull Power Company Canadian Hydro-Electric Corporation, Ltd International Paper Company Ottawa Valley

Stock market notes and corporate actions in brief

Two large Ameren Can trades total $1.62 million with 5 and 10 thousand share blocks at $800 and $942 respectively. Chrysler sees 11,000 shares traded for about $871,000. Cluett Peabody directors to consider plan at February 23 meeting. execs may receive 20 percent of excess. Soviet 1937 production tops 28 years, 10,413,000 metric tons. Amtorg notes Cement Corp earnings per share rise to 6.80 from 6.52 in 1927.

Ameren Can Stock Exchange Filat Chrysler Cluett, Peabody and Ecompaby Sny Consolidated Engigemon Simi Certs Jorgent Om Statistics International Cement Corporation Amtorg Napitha Syndicate

Rubber futures hover with mixed near term contracts

Rubber futures in New York moved unevenly with March at 34.40, May at 3490, and July at 25.10 as traders reacted to spot markets and supply uncertainty. The brief note records a fluctuating session without further detail on factors or volumes.

Battow Ada Alaska Alban Ally Chaimere Atlas Ark la Aix New York Feb Associated Press

Clearing House Financial Totals Reported for Feb 9

New York clearing house shows exchanges totaling 1.073 billion dollars with balances of 699 million and the Federal Reserve bank credit balance at 989 million. The report summarizes key liquidity metrics for the interbank settlement system.

New York Clearing House Federal Reserve Bank

Also Mentioned on This Page

DuPont Soars Brooklyn Union Gas Consolidated T Metropolitan, Gas and Electric Light Properties DuPont Atlis Express Guernational Corporation American A2lnc Lend Preferred Chiristie Brown Continental Car Gold Dust International Harvester Midland Steel Products New York Air Drake Texas Gulf Renalty Atlantic Refining Pierce Ol Montgomery Ward Vanadium Steel Atciison Erie St. Lowuis San Francisco W. E. Willard & Company Bridgeport First National Bank Bunding Telephone Barnum Mange Oh. L. Taylor Fairfield County AES Bank& Ik Main St North Ave Conn State of Connecticut Baldwins McIntosh Rome Denuty Sterk Standard Oil of Bankers Capital Sankets Cap. Corp Sardank Financial ‘Trunk Ae Sand Murt Pfc Morteane N. Y Treasury Balance Noble Second International Securities Corporation American Founders Trust W. R. Bull & CO Salled de Grasse Hevre Wall Street News Come Bankers Capital Company First National Bank Beldgeport, Conn Bartferd Waterbury Bankers Financial Trust and Rey Old Colony Ony Sting OLD Colony Trust Company Court Street Boston Massachusetts OLD Colony Corporation William F. Staples Cons Beaker
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