Widespread Irregularity Hits Stocks and Bonds Market
New York reports wide irregularities as extensive readjustment of speculative accounts and heavy loan activity unsettles trading. Broker activity shows overall weakness in major industrials while several issues hit new highs, including Houston and United Fruit peers. Bond and money markets reflect higher call rates and steady time money, with mixed gains across sectors.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Stock Exchange
Point Federal Reserve
Federal Reserve System
Houston Ob
Shorts
High Beef Prices Rise From Low Market Receipts
Beef prices reach peak for the season aided by 1927 market receipts, with all cattle grades rising 12 to 87 percent from last year and the five year average. First quarter slaughter and shipments fell versus 1926, while total year production remains below recent norms.
MENTIONED IN THIS ARTICLE
U & Department of Agriculture
Stock Averages and Bond Averages Reported
Associated Press stock and bond averages listed for Friday and Thursday show rail, utilities, and industrial groups with slight changes. Totals include par value bonds at 10,272,000 and combined averages for month and year with minor variances.
Treasury Balance and Biscuit Co Half Year Profit
The U S Treasury balance in the general fund shown today is 3220 469 The National Biscuit Company reports half year net profit of 8080983 equal to 352 a share on common stock versus 7141930 or 308 a share in the first half of 1926
MENTIONED IN THIS ARTICLE
U. S. Treasury
National Biscuit Company
Locomobile Company of America, Inc
First National Bank of Bridgeport
Eastern Bankers Corporation Units Corporation
American Water Works and Electric Company, Incorporated
Delaware
United States
Electrc Power and Light and Transportation Companies
Pennsylvania
Pittsburgh
West Virginia
Virginia
Maryland
Ohio
Bank and Insurance Stock Quotations
Bankers Jupitel furnishes stock quotations for bank and insurance shares. Entries cover financial instruments, with quotes and brief trading details for institutions. The note indicates a standard market snapshot typical of daily business pages.
MENTIONED IN THIS ARTICLE
Bank and Insurance
Market Report Shows Mixed Action With Higher Grade Shares Mixed
New York trading features selling of Sich priced stocks and buying of lower grade shares as several high performers slide two to five points while lower grade issues reach new peaks. American Rayon and American Road Machinery rise on earnings, Cuneo Press Palinolive Westinghouse Air Brake surge, but Electrical Refrigeration drops to a yearly low amid bond interest.
MENTIONED IN THIS ARTICLE
Pennsylvania
American Bank Note
Adams Express
Brown Shoe
Lambert
Manhattan
United Fruit
General Motors
Hudson
Jordan
Dodge Brothers Common
Gabriel Snubbers
Americain Brown Bovert
Brooklyn-Manhattan Transit
Penn-Dixie Cement
Vivaudou
United States Rubber Company
New York
Associated Press
Cuneo Press
Palinolive
Westinghouse Air Brake
Bond Group
Assockstul
Ge Apcake Corporation
International Telephone & i
New York Traction
Goodyear Tire Ss
Sinclair Oil
Dodge Brothers
Uberty
New York Market and Commodities Report Summary
New York reports July 6 with butter receipts 15 445 and eggs 23 061, creamery and first grades noted. Potatoes and cabbages show dull demand. receipts include North Carolina Maryland and Virginia stocks. Bond market firmness mixed with selective buying in industrials and utilities. International Telephone and Goodyear notable, government and railway issues fluctuating.
MENTIONED IN THIS ARTICLE
New York
Associated Fresh
North Carolina
Maryland
Virginia
Ohio
Bradstreet's Sees Crops and Trade Improving
Bradstreet's report for the week notes clearer improvement in crops and retail trade versus four months ago. Wholesale trade remains largely steady while revived retail activity and better crop prospects lift overall business tone. Vacation shutdowns amplify midyear slowdown in industry.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Bradstreet
Retaliande
Rubber closes steady on New York markets
Rubber prices held steady as July at 34.60, September 24.60, and December 34.70. The market reported no major shifts and traders kept positions steady amid light activity and routine trading notices.
MENTIONED IN THIS ARTICLE
New York
Associater Press
Liberty Bonds Market Update York July Closing
Liberty bond quotations issued from New York on July 8 show several issues with varied prices and yields. Notable entries include Do 1st 4 1-48 at 103 and 102.30, Do 2nd 4 1-48 at 100.109, and Treasury 4 1-45 at 106.7 with further notes on 48 series and associated percentages.
MENTIONED IN THIS ARTICLE
New York
Liberty
Treasury
Associated Liberty
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