Durant Pulls Back as General Motors Stocks Slump
The market shows broad weakness with heavy trading as Durant withdraws activity. Stocks slide while oil and steel shares fluctuate amid mixed signals on economic policy and demand.
Bridgeport Telegram in Bridgeport, Connecticut
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Articles on This Page
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
Mar 01, 1928
Page
20
Stock Averages By The Associated Press
Bond market averages listed for Wednesday show mixed activity across primary groups including public utilities and industrials with combined averages near 99.5. The report includes totals for stock averages and dividend information with assorted values and percent figures.
MENTIONED IN THIS ARTICLE
Associated Press
Foreign Exchange News Toll Across Nations
A compact 1930s style summary notes varied currency values and exchange rates from multiple countries including Britain, Italy, Belgium, Germany, Holland, Norway, Sweden, Denmark, Spain, Portugal, Poland, Czechoslovakia, Austria, and the United States. The jumble lists quotings and figures per nation, with sums and percentages interwoven, reflecting market movements and foreign currency pricing.
MENTIONED IN THIS ARTICLE
Assula 1
Cnet
Britain
Italy
Belgium
Holland
Norway
Sweden
Denmark
Sutrerlanl
Wider Bond Buying and Firmer Prices Seen in Trading
Wide buying and firmer prices characterized New York bond trading as the market revived interest in government securities. The Municipal issue led by a syndicate under National Bank finally sold at 108, with Treasuries and agency issues showing gains and activity above 8.7 million dollars in turnover.
MENTIONED IN THIS ARTICLE
City of New York
Kransit
Slw
York
Boston Exchanges Announce Merger In 1900s Trade Split
Boston Feb 29. The Grant and Flour Exchange has acquired the old Chamber of Commerce Building on Milk Street and the Boston Curb Exchange will operate with continued identity. The Grain Exchange will provide quarters and facilities for stock and bond trading while the Curb Exchange maintains its separate operations.
MENTIONED IN THIS ARTICLE
Boston
Associated Pieces
Boston Grin and Flour Exchange
Boston Curb Exchange
Grant and Flour Exchanc
MiJi Street
Curb Exchange
Gain Exchange
New York Produce Report February 24 Market Prices
Butter steady receipts 125 cheese steady receipts 101s at Rearby and Meiths, fennery white first to favorate eating. Potuloss stead receipts TH cars Maine Green Manica bulk 180 Tbs 4718 600. Long Island de 960 BTA single round white do 425 a 456. Bermuda new No 1 bbl 860 a 00.
MENTIONED IN THIS ARTICLE
New York
Asma
Fennery
Potuloss
Maine
Long Island
Bermuda
Shipping Notice From Naples and New York Trade Posts
A fragmented shipping notice lists vessels and routes including Naples United States Mekirk and New York Antonia Hue leb with dates in February and February 27. It mentions ports such as Copenhagen Republic and Buenos Alien Pub with scattered ship names like Vinived Pretent Herd and New Amaterd.
MENTIONED IN THIS ARTICLE
Naples
United States
Mekirk
Copenhagen Republic
New York
Lord Vandsck
Buenos Alien Pub
Rubber NPQ VOPR Tip 21 Ay 4 eL Prey Rubber filmes el oe ce ats
Rubber films and related items appear in unclear text with scattered hints. No coherent event or names are readable to form a factual summary or identify organizations, places, or dates.
Money markets show mixed bids and near-term firmness
The market report indicates firmer closing bids for select mercantile paper and prime instruments, with mixed collations of the 86 90 range and 4b 2 45 8 figures across 4 to 8 month maturities. The summary notes firmer tones in the mercantile paper segment and tentative demand for near-term issues.
MENTIONED IN THIS ARTICLE
Midland Steel
New York
Arunte
Dave
Worcester firm offers 6 cent electric rate
Worcester Feb 23. The Worcester Electric Light Company voted to appeal to the Public Utilities Commission to reduce its domestic lighting rate from seven to six cents per kilowatt hour. The action aims to lower household electricity costs for residents.
MENTIONED IN THIS ARTICLE
Worcester
Worcester Mars
Worcester Deetric Light Ca
Metals Note From New York Futures Report
Metals markets in New York steady with iron showing weak spot demand. Tin and zinc futures inch up while electrolytic zinc and copper trade mixed with slight gains. Reports cite February activity and prices around 75 dollars for zinc and 45 for copper with spot variations and market uncertainty.
MENTIONED IN THIS ARTICLE
Nim York
New York
Smelting firm cuts price on lead product to half
Fead Price Induced Sew Lotk Tech reports American Smelting and Refining Company cutting the pile of je 1 from 616 to 00 cents today. The reduction lowers production costs and may affect market pricing for related metals.
MENTIONED IN THIS ARTICLE
Lotk Tech
Associul 1
Che Amerian Smelting &Refinmb
Guantanamo and Western Railroad Co Bond Market Note
Guantanamo and Western Railroad Co notes arise with a first mortgage of 62 due 1958. The issue covers a portion of Cuba, with a grant to the US sovereign area. Market price shows a yield near 6.22 percent amid varying regional and political factors.
Hemphill Noyes & Co Raise Bank Inquiry in City
A fragment mentions Hemphill Noyes and Co and a banking building in Bridgeport with a telephone number 7978. It references cities including New York Philadelphia Pittsburgh Albany Baltimore Scranton and a bank likely involved in a change or inquiry. The OCR text is garbled but centers on a banking matter and multiple city references.
MENTIONED IN THIS ARTICLE
Hemphill, Noyes & Co
Lechange City Savings Bank
Bridgeport
Teephone Barnum
Philadelphia
Pittsburgh
Albany
Baltimore
Scranton
Also Mentioned on This Page
Pumor
Durant
General Motors
Mewyork Fc
Teddy
New York City
Mexico
Mas Motors
Los
William
Hudson “Motors
Aled Chemical Ameri
Pte
Bees
DuPont
Tyler
Biut Nation Labs
Widland Steel
Bolivo
Tsede
Cattel
Lountile
Nveville
Ayore Sale
Ords
Howe
Betty
Larry Bus Laerd
Forbes
Andy
Pit
Marta Tia
Donlig
Lee
Pitts
Anal Rata
Mets Son AD Argett International
France
Chott Cabal de
Sega Motors
Linveedi
Bhp
Corel
LSM
Wa Pont Ste Fe
Erie
Declan Fain
Ty Fang
Tare
Roy
Amity
Deel
Ieee
Ms Ju
Walworth
Div
Ward Fancy
Lim Lay
GO Warner
Ati
AMY Wort Dairy
Westra
Maryland
West
West Caten
Lon Bone
Wilken
Wink
Lear
ASTRA
United
Erin
Pak Feelington
RG Fk
Danas
Chey Corp
Aipinee
Goodyear
Tiwlson
Eidsen
Madson Man
Tony Ti
Tainad Biert
Merry Streets
Fon
Shy
Ley Wa
Sony Chi
Vartan Poway
Pathe
Lena
Lara
Renk and Insurance
Stes
Woble Jrew
England Equity Corp
Boston Exchanges
N. Y
Guantanamo and Western Railroad Co
Tore
Roval
Cuba
Bankers Capital Company
First National Bank
Bridgeport, Conn
Barfierd
Waterbury
New Haven
Prudgeott
Lacey R. Blackman
State St. Barnum
Mort Gages
RENIS
Suburan
ATU Vc
Brown-Decker Co., Inc. Investment Securities Voy Pets
Bel 2 Saas
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