Invasion of Ruhr Triggers Heavy Stock Selling
New York trading opened dull amid unsettled foreign tensions as reports of the Ruhr invasion by French troops spurred heavy speculative selling. Bulls briefly pushed select stocks higher, notably independents, oils, gas and motors, but gains faded by the close as traders awaited further abroad developments. Major leaders slipped with Baldwin near 132, Studebaker fell to 114, and Atlantic Refining surged to 160, closing up 10 at 143 amid volatile action and widespread losses across many issues.
MENTIONED IN THIS ARTICLE
New York
Baldwin
Studebaker
U.S
Anaconda Company
Cosden
Common
Steel & Tube Preferred
Youngstown Sheet & Tube Company
Atlantic Refining
Allied Chemical
Pierre Arrow Company
Polit
American den
American Locomotive
American Tobacco
Brooklys Rapid Transit
California Petroleum
St. Paul Preferred
Chespeake & Ohio
Brstiman Jieduk
Fisher Body
Pan Ambrean
North American
Bethlehen Steel
Penang
Local Produce Market Conditions and Prices January 1928
Market conditions improved slightly after a partial lifting of railroad embargoes on potatoes, with higher price levels likely if the trend continues. Prices for celery lettuce and spinach rose, oranges and apples held steady, native eggs weakened 4 to 10 percent, storage eggs and butter firm, meat market similar with a modestly improved hide of meat.
MENTIONED IN THIS ARTICLE
State Board of Agriculture
Butter Market Movements Reported in New York Trade
New York market notes show firmer butter with creamery extras at 63 and firsts around 49, aided by higher acorn and state dairy tub offerings. Cheese market also firmer with state whole milk fats at 28 plus various creamery and skim prices. Wisconsin facility details and skim figures mixed in.
MENTIONED IN THIS ARTICLE
New York
Wisconsin
Facitity Ounge Americas
Foreign issues stage recovery in bond market
In New York, buying support emerged for French and Belgian issues as markets recovered from a cautious mood despite news of the Ruhr invasion. Belgian and French bonds advanced, while some Serbian and Colombian issues hit new low readings. Rail and utility bonds showed mixed moves with some gains in certain issues and weakness in others. Official Italian remark and local bond sales were noted. Pierce-Arrow reports German finance arrangements.
MENTIONED IN THIS ARTICLE
New York
Ruhr
S. Silna
Republic of Colombia
Northern Pacific
Erie
Peries
St. Paul
Nowfatk
River
Gulf
Westchester
Boston
International
Great Northern
Seaboard
Chile
Mexican Petroleum S
American Sugar
Consolida- Hon Coal
Maryland
Cerro de Fasco
Atlantic Fruit
Remington Arms
Liberty
Chicago
Powers Company
Pierce-Arrow Motor Car Company
Curb Market Activity Rises Then Pauses in New York
Trading on the curb market in New York was more active with early short covering and new buying by commission houses. Gillette Safety Razor and New York Telephone led gains before profit taking trimmed advances. Standard of Indiana and Kentucky, and International Petroleum showed strength, while Gulf Oil and Mammoth retraced after early upturns.
MENTIONED IN THIS ARTICLE
New York
Gillette
New York Telephone
Standard of Indiana
Standard Oil
Standard of Kentucky
International Petroleum
Gulf Oy
Mammoth
Cities Services
Grain market mixed gains on wheat and oats at Chicago
Wheat edged higher as buyers outnumbered sellers amid war talk and drought concerns in the U S. May and July futures rose while corn and oats also gained. Provisions mostly higher as export demand offset weaker hog prices. Market closed unsettled with bulls dominant near session end.
MENTIONED IN THIS ARTICLE
Chicago
Europe
Vail
Watlmates
Italy
Money market report from New York exchanges
Call money ease noted in New York with rates around 4 percent to 4 1-2 percent. Ruling rate at 4 3-4 percent. Closing bid 4 1-25, offered 4 3-4. Last Joan and call Joan against acceptances show modest activity in money market.
MENTIONED IN THIS ARTICLE
New York
Realty Records and Mortgage Deeds Summary
Realty records show warranty deeds transferring real estate on Morgan Avenue Upstreet Brookfield Avenue Arctic Street and Sheridan Street among individuals and banks. Mortgage deeds list multiple secured real estate loans on Morgan Avenue Bronx Avenue Brookfield Street and Mountain Grove Street with amounts from 1 500 to 11 000 dollars and attached notices.
MENTIONED IN THIS ARTICLE
Vincengo Veirili
Fedelé Giannino
Morgan Avenue
Isadore W. Heanik Et al
Steve Calenda
Upstreet
Youls D. Ginaud
Axel K. Lindquist
Joseph N. Johnson
Fark Avenue
Anna Obruckey
Pallip Patrick
Helen Patrick
Brookfield Avenue
Wedele Chenning
Veresa V. Siennino
D' Amico
Doctor Rossinoff
Arctic Street
Bilsou
Annie Unofsky
American Bank & Trust
Coleman
Michael
Anna Gander
The
Sheridan Atrect
Benjamin A. Toardla
David EB. Booth
al Real Eatate
Helen Engelman
Edward Deutsch
Mountain Grove Street
Benedict S. Michinigwicz
Schinee & Schnee, Inc
Brooks Street
Benedict S
Michniegvics
People's Savings Bank
Brooks
H. Albert Philips
Albert A. Hodgkins
Rue
Tiudanoa A
Veronese
Theodogia
Vincenzo Verrilli
Martha Verrilli
Resity
Morgan Ayvenue
Andrew Buda
George Wostovicky
St. Stephen Street
George Kostovyicky
George Sevencie
Gigor Karakelis
Water Street
Magdalena Wenz
Lis Mian M. Brown
Puxedo Park
Tiarry Greenbaum
Ethel Greenbaum
Samuel Driveway
Morningside Drive
I Philip Wilkins
Ida & Wer
Cleveland Avenue
Howland Dry Goods Co
Charles Cannon
Charlotte Cannon
H. Kl. Nettleton
Silliman & Godfrey Co
Andray
Margaret Bischoff
Beardsley Street
John A. MacTennan
James PR
Ita
Durant denies cheap Locomobile car plan at New York show
W C Durant who controls the Locomobile Company shows Flint car at the New York auto exhibition. Officials say the model copies the Locomobile design but production is not yet announced and no work has been done in Bridgeport or New York. Flint plant in Flint, Michigan, likely to assemble, with Long Island City models used for display. Vice president Elmer Havens confirms observation of the copied design and Durant’s patent acquisitions.
MENTIONED IN THIS ARTICLE
W. C. Durant
Oce- Tmobile Company
Locomobile
Durant
New York
Pliant
Lecy
Flint
Mich
Long Island City
Elmer H. Havens
Locomobile Company of America
Local Firms Attend New York Auto Show
Bridgeport business figures join the New York Auto Show lineup with Bullard Machine Tool Company Elmer H Traveng of Locomobile among attendees. Springfield Body Corporation expands with two plant acquisitions Bloomfield New Jersey and Ponrin Michigan to boost output of 12000 bodies yearly.
MENTIONED IN THIS ARTICLE
Springficket
Springfield Body Corporation
Bloomfield New Jersey
Ponrin
Mich
Willy
Springfield Mass
Charles O. Meblwain
Safe Deposit & Trust Co
A. T. Wolfe
Franke M. Livingston
Farmers Neglect Own Products by Region Study
Washington reports that the Agriculture Department study finds the average farm sustains itself about 60.5 percent, with 38.7 percent of food consumed on a given farm grown elsewhere and moved by rail. States vary, with Virginia at 72 percent and Maryland 71.8 percent, while Illinois 64.6 percent and Massachusetts 54.0 percent, indicating uneven self sufficiency across the country.
MENTIONED IN THIS ARTICLE
Radspil Couch
Washington
Agriculture Department
United States
Agriculure Hay Bey
California
Florida
New England
Great Lakes
Mississippi
Chicago
Virginia
Maryland
Ohio
Pennsylvania
Massachusetts
Illinois
Mighigan
Ot Sopp
Jes
Metal market notes June edition of price quotes
Copper area rates around 148-4 for spot and futures. tin steady with futures 38.50 to 68.62. iron ore No 1 Northern 29.00 to 31.00 and No 2 Northern 28.00 to 20.00. Southern 24.00 to 26.00. Lead steady spot 7.25 to 7.40. W Indied wine market quiet with Mast St Louis delivery 7.00 to 7.10. Antimony spot 6.5 to 6.75.
MENTIONED IN THIS ARTICLE
Hennery
Ciries
Sa Uy
Ajax
Allied
SB Am & Bi
Susar
Atenison
Atlan Brw
T. Vy
Atlan
Gakti
Ohio
Barth & Oo
Beach
Beth St
ROT
Cfs
Butte C
Pasca
Ches &Ohio
Chi & A’ Ton By Vv
Chi Gy West
Ison c
Me& Boythe
Ch. & NW
Chi RY & Pan
Chile Copper
Cizno Copper
Col’ Fu & Te
Azouy Cosden Se
Crac Steel
Uu Davis Chem
del Ho& W
Erie
Goodrich
Tima Lee
Macy & Co
Nina
Midvale Steel Ig
Pleruc
Ray Consol
Vita Replogie
Sears
Wad Sheely Pace
Satie Steel
Studebaker
Texas CO
Texas Pac
Yranscon
Lnion
Vanad Steel
Marslan
Willys Gland
Southern
St. Louis
Also Mentioned on This Page
Roberts & CO
Noble
New England Equity Corporation
State. Street
Oprick
Bridgeport Life Publishing Company
Record %&T
Jones
Robert
Sperry
Vieiveara
Val
Paria
Antwerp
Switzeland
Spain
Berlin
NEW Durant
Flint Automobile
Bridgeport
EF. P. Bullard
J. Bullard
Bullard Machine Tool Company
Elmer H. Traveng
Locomobile Company
Seattle
United States Department of Agriculture
Ty Statos
Satan
Loch Fe
Washington, D
Metal Market
Bridgeport Morris’ Plan Co
Main Street
American Rolling Mill Co
Federal Land Bank
Salt’s Textile Mfg. Co
Hincks Bros. & CO
New York Stock Exchange
Main St
Armour and Company of Delaware
Armour and Company of Illinois
William R. Bull & Co., Inc
First National Bank
Barnum
Equitable Industrial Loan Society, Inc
Fairfield Ave
Eb, Merritt CO
Main St. Barnam
Ment
James Staples
the Pany
Frank C. Brotherton