Mid-Summer Trade Review Forecasts Record Prosperity
In a weekly stock price roundup, analysts predict continued strength in trade activity through the year. Market breadth widens as several major firms report gains and investors push modestly higher shares across sectors.
Stock Averages Report From The Market Desk
The Associated Press provides weekly stock averages across multiple sectors. The report catalogues Industrials, Utilities, and Bonds with figures like combined averages and par value sales, highlighting notable names and financial activity while noting weekly and year ago comparisons.
Rubber slows to December on steady New York market
Rubber prices moved at a steady pace on July 17 in New York, with the market extending into December contracts. Dealers noted stable demand and cautious trading as traders eyed longer-dated positions.
MENTIONED IN THIS ARTICLE
New York
Better Business Spurs Stock Rise Amid Mixed News
Last week improving business and agricultural conditions supported stock advances with United States Steel and General Motors hitting new highs. Feliroad pricing reached its highest since 1914 as market gains paused by Western Union rate hopes, Nickel Plate merger progress, and weak International Mercantile Marine. Cotton and grain markets rose while French and Belgian prices fell to record lows before a European exchange rebound.
MENTIONED IN THIS ARTICLE
Mirdu Seure-Toeluck
Nlaum
Sencen
Shell
Leigh Law
Helt Union
Shubert
Vt AG
New York
Jones
Cme
Pan i
Sinchais Consol Pt
Chryster
Atty
Abrahon
Strauss i
WU Motor
Fey
Tithes
Kaysey
Kennicutt
Keystone Tire
Fouthern
Berluetion
Ajax
Porto
Alnaka
Kinney
Porta Sea
America
Ine Bubbe
Anwrada Corp
Col Nari
Lehigh Valleie
Asay Ant
Age Cheng
Tife Savera
Iif
Con _ Credit
el Ing
Jay Nl
Jews Inc
Atromberg Orb
Liu Lugoo
Studetaker Am
Wiles
Suh Boat Corp
Roy
Taubsip Linn Oo
Symington
Louisina
St. So
Texas
Ain Chic
Mackay Cos
Mackay Cos Ey Ag
Cuba
Mackay
Travia
Ne Coal
Cushman's
Macy
Thompaun Tin
Erggn Davison
Peu Manat
Peo
Manila
Reynoldy
Wd Corp
Twin City
Dodge
Rete Mun
Jb Heerte
Underwood
Union
Pacific
Talon Pacific
Bi 79 Toy 200 Am Taliway
Mathienon
Republica
Batety
Tonnaieanie
Tony Dey
Bistmort Kotak
Thess
Ory
United Rug
Melntyr
United Drug
Jana
Adon
Sincaur
U S
Hoffnan
San Min Land
Bea Pr
Bnp
Amerson Brant Ie
Toi
Rts
Emerson Brant
Vest Ny
BS Steel
Erie
Pacific Pr
Montany Power
Cary
Vairbanks
Vanadium Corp Ap
Wick Chemical
Vicksy
Brad Armon
Ty Try Gia
Arid ‘Ational Cort
Atonm Corp
Ivadou
Fleischmann
Walworth
Warner
Astana
Gardner Motors
Niryner
Atlantie
Marylunit
Atlantic
Dew York
Faltimore
Ohio
ST Ay
Wonton
St Lovie
Beanynevel Metrolemy
Henny
Ant OF
Bethlehem Stariley
Iyag Norfube
Wienminad Bros
Cuodrioh
Norfolk and Western Pit
Booth Fisheries
Enn Nor Alk
Bard Moor
Wright Aeronaut Wee Ae
Ally
Brown Shoe
Fun
Vale
Brunswink
Ley Uy Ik
Collin
Aml Ponaly Fey Boc
Balke Col
Hm Banu Geonned Nai i . Jae
Huff Korh
JOO Purns Bros
Arizona
Matson
Manhat
Marne
Boad Cruadin Parislo
Harvester
Pope
Anter Draper
Lyon
Tn Ortiye Corp
United States Steel
General Motors
van Sweringen
International Mercantile Marine
White Star Line
Briush Interes
Mos
Gergan Exchange
Fresh Vegetables Sell Quickly at Farmers Market
Connecticut agriculture report notes about 25 farmers at the local wholesale market with sparse supplies. Prices show active fruit demand and steady to firm poultry and dairy markets. cabbage slow, tomatoes scarce, and broad ranges for produce and livestock prices listed.
MENTIONED IN THIS ARTICLE
Commissioner of Agriculture
State of
Connecticut
Demanis
Expanding Summer Business Points to 1926 Trade Record
New York reports business and industrial activity accelerating into the third quarter. A more favorable tone dominates last week with improved operating reports, renewed buying, sound credit conditions, and rising stock prices. Cargo and rail activity show gains. expectations point to a stronger annual movement and potential record throughput.
MENTIONED IN THIS ARTICLE
New York
Stee
Ardera
Bond Prices Drift Downward and Stocks Rise
New York July 18 AP Bond prices eased while stocks advanced in mid summer as higher money rates last week pressured fixed income. Dealers noted overextended midyear reinvestment demand, with new bond issues scarce and absorbed at concessions. Outlook centers on broader distribution with upcoming offerings including 25 million Gatineau Power and 18.5 million West Penn Power.
MENTIONED IN THIS ARTICLE
New York
Bond Markeer
Free State
Bavaria
Tuho Electric Power Company
Japan
Albert of Bellum
Aml
Hesapeake
Ohio
Gatineau Power Company
West Penn 'Sower Company
Wall Street Notes on Morgan Europe Trip and Building Permits
J P Morgan heads to Europe with Charles Steel avoiding ties to White Star sale negotiations. Building activity across 462 cities shows permits totaling 2 219 002 775 dollars for the first half of 1928, down 1 percent but up 7 1 2 percent from June last year. Congnieum Nairn reports first half net income of 1 936 158 dollars after preferred dividends, 84 cents a share on common versus 2 770 677 dollars or 1 65 a share in 1925. Buffalo Rochester and Pittsburgh Railway leasing by Delaware and Hudson to last 909 years reports 464 422 dollars five months into the year. Profit and loss surplus on May 1 stands at 3 902 575, up from March 31 and December 31, 1925.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Delaware and Hudson
Buffalo, Rochester
Pittsburgh
Carninsa Statamenta
J. P. Morgan
Europe
Charles Steel
Strauss and Company
Congnieum-Nairn and Subsidiaries
Buffalo, Rochester and Pittsburgh
Delaware and Hudson Company
Copper's Tone Reported Better Amid Trade Shifts
Copper's tone improved amid lighter domestic demand and weaker export interest. Market observers note reduced stocks and refined product levels through June, with sellers encouraged by a softer stance from buyers as production slows and prices stabilize.
MENTIONED IN THIS ARTICLE
Aueain
Is Am Ferstadt
Selling Pressure Forges Losses in English Markets
London July 18 The market saw selling pressure this week as Courtaulds dividend cuts damped sentiment. Debawn shares fell amid denial of an amalgamation. French debt was stable but the franc weakened. Banks attracted gold but rate hopes waned. Industrials scattered, Imperial Tobacco and Dunlops weakened, Morris Motors favored, and Fructuson Bay rose amid activity.
MENTIONED IN THIS ARTICLE
London
Courtaulds
Southy Africa
Belfast
Lati Wea
Reila
Imperial Tobaccos
Hadden
Morris Motors
Auccons Fructson Bay
Shell
Anglo-Purnana
Rena
Atces
Ira
Armatrongs
Luis Nigel
Telap
Tnres
Rhode-ians
Irving Fisher Weekly Index of Prices and Purchasing Power
The weekly index tracks average price movement across 2060 commodities and the purchasing power of money relative to 1818, with May 1920 peak prices at 147 percent above pre-war levels. Calculated from 240 price quotes and weights from War Industries Board, the index is published weekly and appears in Fisher’s The Making of Index Numbers.
MENTIONED IN THIS ARTICLE
Irving Fisher
Houghton, Mimlin & Co
Pollak Foundation For Economic Research
Newton 68
Mass
Dun
War Industries Board
Gursencreete
Manied Bonus Checks for Farmont Employees Under Stock Plan
About 6 000 Farmont and company workers receive bonus checks under a plan adopted last year to encourage employees to buy and hold the firm’s preferred stock. Two dollars a share semiannually is paid those who retain the stock under the incentive.
MENTIONED IN THIS ARTICLE
fArmont
Dividend notices for preferred shares and related scrip options
The notice details a $1.60 per to holders of record and a $6.56 dividend for the Beriis Preferred stock payable Septem ber 1988 to holders of record July 8 1988. It also mentions a 6.1/100th and 6.6/100ths per share provision in lieu of cash dividends for Dividend Serica and Claus A Stock, based on $32.75 per share for the preferred. Stockholders may buy or sell enough scrip to reach a $91.00 per share case price for Clase if needed.
MENTIONED IN THIS ARTICLE
Beriis
Aleo Sma
Bjorkholdee
Also Mentioned on This Page
Fide
The
Associatal Press
San Fo Gasquad BF
Diet Motor
Ford Tak
Miges Pathe
Exel Benlch
Rotute
Poun Hallrndl Ab Sealourd
Neil Cube
Pete
Pavel
Usher Ality Phorer
Fred
Ray
Pullman
Behlee Bay
Hon Reading
Swan Pe
Hennery
Weste
Dan Ted
Babhive
Rails
Wall Street News
Irving Fisher’s Weekly Index
Associated Gas and Electric , Company
Broadway
Directore Hee der
C, O'Keeffe, Bacret
Invest
Focal
Loe al Bank of Bridgeport
Bacon Wakeman, & Son., Inc
Unquowa Road
Fairfield
Barnum
Associated Gas and Electric Company
Board of Direeters of
Asse Electric Company
M. CG
Oreeryte
Som
Delany
State OF Coxn
United Loan Corp
Fairfield Ave
Water St
Mr. J. Whitney
Peoples National Bank
Stamford, Conn
G.l.qhastrom & Co. Wegeeonaree
Wall Street