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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Feb 24, 1928

Page

18

Erratic stock rallying and selling in New York market

Erratic price moves defined a volatile trading day in New York stocks with late Monday rallies, dull closing hours, and another rally at the close. Final quotes showed mixed gains and losses, with 2 to 6 point advances, 2 to 8 point declines, and about 2,000,000 shares traded amid steady call money and a lowered brokers loans total.

New York Wade Fedpeal General Motors Department of Commerce Wall Street Hadeon

Stock Market Fragment Chronicle of 1900s Era Listings

A dense scan lists numerous stocks, companies, and prices with many figures and abbreviations. The intent is a continuous ledger of tolerated tickers and entities spanning banks, metalmakers, rail and shipping firms, and motor firms, interwoven with scattered references to exchanges and financial terms.

New York Bond Market Snapshot and Listings

The page details complex bond prices and market listings across domestic and international issuers. It lists various bonds by issuer and region, showing percentages, dates, and totals with scattered references to American and European names, markets, and a Toledo listing at the end.

Decrease in Loans to Brokers Reported

Washington February 23 The Associated Press reports a drop in loans to brokers and dealers held by New York Federal Reserve member banks for the week ending February 21. The Federal Reserve Board notes total loans to brokers and dealers fell to 3 728 316.000 from 3 819 3 5.00. The Treasury balance general fund stood at 966,131,247.30 as reported by the daily statement.

Washington Associated Frees New York Federal Federal 14 Reserve Board The United States Treasury

Selective Buying upon Curb Boosts Best Stocks to Highs

New York February 23 Associated Press reports curb stock trading saw selective buying pushing key issues to yearly highs though overall list remained thin. Utilities and mercantile shares led gains while some names like Firestone Tire and Newmont Mining rebounded. Oil stocks remained mixed with notable activity in Lehigh Valley Coal and American Rolling Mill despite some declines.

New York Associated 149 Standard Group Gulf Margey Artifield Cortaulds Ltd London American Gas Elect London Stock Exchange Firestone Tire Delanese Newmont Mining Commercial Tobacco Lehigh Valley Deere American Rolling Mill Vacuum's

Market Averages and Bond Averages Reported

The report notes stock market activity with figures for rails utilities and industrials. It records total stock sales at 1,700,100 shares, a combined average for various sectors, and bond base values. Specifics include rail indices around 180 and 1928, utilities near 98, and industrials about 102, along with year and month comparisons.

Coe Tated Press Indug

Interest in New Issues Is Barrier to Trading in Bonds

Bond market activity waned with renewed weakness as traders awaited Treasury details on financing. Prices drifted to new lows for the year, with small gains limited to a few high grade issues. Interest in new bonds and large refunding plans from Argentina and Austria provided limited support amid overall cautious trading.

New York Associated Limelight Treasury Department Atlantic Gulf and West Indies Buenos Airea Argentina Munich Wall Street Washington The Treasury Oe Dranpestinn

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