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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Jul 16, 1926
Page
17
New York reports reduced trading with stock prices softening while life insurance sales gain ground. The Life Insurance Association announces total new business for the half year at 600,000, credited to member companies issuing policies representing a large share of outstanding reserves in the sector.
The report indicates June activity rose in some sectors while declines appeared in others. Gains fronted by New Jersey and Delaware contrasting with weaker results in North Carolina and Tennessee suggest regional variation. Overall, the data portray a complex year‑over‑year pattern with the South showing more frequent gains than other regions.
July 17 AP dispatch reports stags prices eased in a day of thin activity as call money rates dipped briefly after midday then recovered. Total volume fell to 1,374,700 shares from 1,934,400. Mixed earnings news and Pan American closure moves influenced cautious trading across United States Steel, General Electric, and other major issues while oil and coal issues showed uneven results.
Liberty bonds quoted in New York on July 15 show varying values. Notable figures include Liberty third at 101.08 and Liberty fourth at 102.22, with Treasury notes and other issues trading around 104.0 to 108.02.
The daily statement from the U S Treasury reports the balance in the general fund at 252 858 808 77 dollars.
New York July 1 directors of Columbia Gas and Electric Company of West Virginia and Ohio Fuel Corporation approved a merger plans. Combined properties exceed 4 860 000 acres of games and palanda owned and fenced. Ammonia is being produced from air at Brookton England at 19 tons daily.
Clearing house statement shows changes totaling 975000. Valances clock 125000000. Federal Reserve credit base mentioned as BH6,000,000. Market observers note shifts in major indices and liquidity conditions as of the mid this week.
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