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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Jul 27, 1927

Page

19

Heavy GM stock buying sets market on high mark

New York July 26 Heavy buying of General Motors stock pushed its price up 38 points to 225 marking an eighth straight day of new highs. Earnings reports totaling 129,250,207 dollars, or 14.34 a share, prompted broad gains in major stocks while other issues fluctuated.

New York Associated Press General Elotera Chrysler Mack Trucks Hudson Nash Studebaker Willys Qverland Pierce Arrow Steelcommon Bethléhem Gulf States Steels Lssues American Can Americat Shipbuilding American Steel and Foundry Continental Isurance DuPont Fidelity-Phenix Insurance B. FP Goodrich Julius Kayser Orla Flermor Radio Corporation Woolworth U. S Austin Nichols Case Threshing Collins Aikman Munsingwear Russia Insurance Westinghouse Electric Union Pacific Asame Lackawanna Lackawanna Accurr

Bank and Insurance Stock Quotations Update

Bank and Insurance Stock Quotations list market quotes furnished by Rankers Capitals. Financial data cover leading banks and insurers with current bid ask values, price changes, and notable gains or declines across major indices.

Trade balance turns in favor of exports amid rising imports

The article notes a downturn in exports and an uptick in imports lifting the trade balance for 1927 into an export surplus of about 250 million dollars. Some economists argue a long term import surplus could benefit the United States by drawing gold into the country and stabilizing prices, though the shift marks the first time since early 1927 that imports exceed sales.

United States Department of Commerce Balong Ec E

Stock Averages and Trade Balance Report

Stock market averages show 185.52 and 145.94 for Tuesday and Monday, with year and week figures. A foreign trade balance event notes exports and imports near parity for Tune, influenced by declines in exports and rising imports, with total monthly sales around 336.4 million dollars and imports at a matching level.

Associated Press

Potatoes and Butter Steady in New York Market Report

New York market notes show potatoes steady with 48 car receipts from North Carolina Maryland and Virginia. No 1 cobblers sell at 200 to 3.28 per barrel. Cabbages steady from Long Island white barrels at 1.00 to 1.50. Butter and eggs mixed affects, creamery extras 98 score at 41.2, eggs receipts 36,427 with fresh gathered prices 26 to 26 1-2 and 24 to 25 2-2.

New York Associated Press North Carolina Maryland Virgginia Long Island

Cotton futures close lower with varied month prices

Cotton futures closed easy with declines of 14 to 16 points. October at 18.86, December around 19.10, January 16.18, March 19.38, May 19.52. Spot middling reported at 18.80.

Rites New York Associated Press

Profit Taking Heavy On Curb Markets Infirm Tone

Profit taking appeared in the curb market with several issues reaching new highs amid overall firm tone. American Rayon products rose on improved artificial silk business, Grand Stores and others hit new highs, Blackstone Valley Gas and Electric advanced, and Oil issues were mixed as Aluminum Company of America declined on profit realization.

New York Associated Press Grand Stores W. T. Grant Company Metropolitan Five Preferred Metropolitan Blackstone Valley Gas and Electric Standard of Kentucky Collins and Alkman Forham Company "A

Wheat prices rise on Canada warm spell in Chicago market

Wheat moved higher after a wavering start as warm Canadian weather aided a bullish tone. Opening ranges showed slight declines turning into gains for wheat and corn with oats and provisions firming. prices closed unsettled for wheat, with corn and oats showing mixed advances.

Chicago Iby Associated Press Canada

Foreign exchange rates in New York on July 28

Easy overseas markets show varied rates with quotes for Great Britain France Italy Belgium Germany and more. Cables and banks listed, including Japan Shanghai and Montreal, alongside multiple European and international currencies.

New York Associated Press Great Britain France Italy

Metals market report shows copper steady and tin firm

Market notes copper stays steady at 13.00 for spot and futures while tin remains firm at 63.76 for spot and nearby and September. Lead holds at 6.50 spot, zinc eases with East St. Louis spot and futures around 6.32 1 2 to 6.35, antimony at 12.12 spot and 12.25 for nearby.

New York Associated Press East St. Louis

Rubber closes steady with mixed futures steady

Rubber market reports from New York on July 26 show steady closing. Futures quotes sit with September at 34.ac, December at 35.20, and March at 35.60. Smoked ribbed spot trades around 347 to 348.

New York iBy Associated Press

Money news summary from New York July reports

Money market notes from New York show call money steady at 4 percent high and 3 3/4 low with a 4 percent ruling rate and 3 3/4 bid. Time money steady with mixed collateral 60 day to 20 days 4 3/4 and 4 to 6 months 4 1/3. Prime Mercantile paper quoted at 4 1/4. Clearing house statements report exchanges at 1,146,000,000 with balances of 85,600,000 and Federal Reserve credit balance noted.

New York Associated Press Prime Mercantile Clearing House Federal Reserve Bank

General Tendency Firm as Bond Market Continues Duff

Trading in United bonds today showed higher volume than yesterday with little change in tone. The market remained firm on the prospect that easy money will persist until expansion of commercial credit in the fall. Notable moves included Union Pacific certificates up about two points and Southern General Railway dipping about a point.

New York Associatoe Press Tssues Union Pacific Southern General Railway Chesapeake Erie Rogers Brown Kayser Murray Body Rhinelbe Union

Liberty Bonds and Treasury Daily Statement

Liberty bonds quoted with various maturities and prices in New York. Treasury daily balance shows general fund at 17,699,081.93. Public market activity and figures reflect mid summer trading and government debt instruments.

Washington Daily Statement The U. S. Treasury Balance General Fund

Also Mentioned on This Page

General Motors Bank and Insurance Bank of Sun Anil Eetanlal Han Ehannrie Davis Hank Shwe Vark Parspauy Laat Sales Rok Bulange Mirna Taro Wong Paathientab Stine Cuba Garamel Urult Nixon Bere Marquette Sam Low Tere Marquette Poe Sant Ehladelphin Devon Raznolde Philip Morristo Cameron Pat Tiessey Attou Pullman Caett HGR Reynolds ALA Roksia Royal Bnubho Sali Ai Line Ag Gardner Moor Arcier Ulli Sun Ara Coot Fk VT Siinnecig Co Simms Petroleum Mustin Nichia Snyder Packing Corierad Abel Hloutine Ohio Mihern Daleles Filohe Riginhorgel Glee Aly Uartford Tire Ila Corpoa Magara Stuyvesant Stromberg States Steel Bork Hollander Son O Sai Belgien Lousvnold Symington Co A. Oy Brooklyn Yedieun Tony Cop Shivne Mani Ukly Man Tudaun Cary Raunera Camealay Beinh Hupp Motor Car Toy Gulf Suiph Raak Laem Tenmawiv Balke Pau ‘Tovan Ang Ada Bankers Cay Murtgenti Anit Tory Ehlen Interbor Thakon Holler Mortage Agri Corp Tur AK Linden Senutheer Surety Ladlernaod SS Corp Enn Stork Sh Petroleum Ran Union Cigey United Cigne Suony HM Central Leather United Drug Tasco United Tauit Jortun Rayner aSennecott Dion Baines Kresge Steel Lambert Rm Len Rubber Trope Lehigh le Uh Life Savers Inc Deis Arid Vick Chen Bae Myers Wiley Rise Corp Foren Pierre Chrysler Corp Anon Vivamlovy Julean Coline Aiknin Warner Ivo Marland Marsh Abe Moon Motor Car Fk Fang Tata Siles Bala Harlem Ita North Up Norlers Norri Norwalk New England Old Colony Corporation Public Utility Boston Peas Street Hartford Eaay F. Willard 4 & Company Beldgeperi Om Deak Te Barnem Beiebeson Doanl Hudson Famdie Tels Base N. Y TREND Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czecho-Slovakia Jugo-Sleyia Austria Roumania Argentina Brazil Tokyo Shanghei Montreal Duff United Steel Works Meath Public Service of Liberty Treasury Bridgeport Neesis Ommendalae Guaranty: & Trust CO Lst National Bank Bldg United Loan Corporation Fairfield Ave Cor Water Room Bankers Capital Company of Connecticut First National Bank Bridgeport, Cena Waterfury Hom Gunber EJ Sturces AJ Randall H A McKill Daniel Pyle Earce Hersurn John Ktoch Alf Conhon C.F. Siemon Eastern Bankers Corporation Bridgeport Telephone Noble New York, New Haven and Hartford Railroad Co New Haven and Hartford Railroad Company New York Stock Exchange Stock Exchange New Haven Suly 1927 E. J. Pearson
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