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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Mar 12, 1928

Page

14

Trade Outlook Improves Week of Stock and Bond Activity

New York March 11 The week’s outlook shows a more hopeful view of business with gradual improvements. Steel and auto trades are mixed while GM stock climbs over six days aided by a 200,000 share holding company purchase. rubber industry weakens as futures collapse. gold exports rise and brokers loans fall signaling steadier money conditions.

New York Asseci America Indust U. &. Corporation California Ate West Texas Gen- Motors Hubber Paris Treasury

Flood Control Will Add Millions of Fertile Acres

Yale economist Irving Fisher argues flood control will reclaim vast flood plains in the Mis Basin. He cites federal funding, potential to protect devastated areas, and the economic payoff of 10 dollars in future wealth for every dollar spent, comparing U S recovery with Europe’s postwar gains.

Fisher Mississippi Europe Haven America China Japan Russia Army Coolidge

Floods and War Devastation Across Europe and Mississippi Valley Relief

The document compares areas laid waste in France, Belgium, and Mis setpei Valley by flood, noting vast destruction and millions in relief needs. It argues Congress should share flood control costs, with relief as national responsibility, and proposes proportional assessments to flooded regions while funding humanitarian aid and reconstruction nationwide.

France Belgium Missetpei Valley Congress Usetts Connecticut Delaware Aaland Red Cross America Europe Mississippi Basin Risatavippi

Second International Declares Dividend

Second International Securities Corporation an investment trust has declared an initial dividend of 97 12 cents for the quarter on its Claus A common shares payable April 1 1928 to stockholders of record at the close of business March 15 This places the Claus A common shares on an annual rate of 1 50 The usual dividends were declared on the first and second preferred shares The resources of the trust total 22 000 000

Second International Securities Corporation Ita Claus A Thia

Steel industry forecasts steady still with strong orders

Steel makers project 2024 output near 86 percent of capacity, not a boom. Production expected to be close to normal this year with orders on books showing fair activity for the first half of the year.

Bond Market Reacts to Treasury Financing Plans

New York March 11 Bond trading showed brisk activity after the Federal Treasury outlined routine financing for March 15. Prices moved with deliberation, gains led by high grade issues, while many issues remained near record highs as offerings stayed modest. Seaboard lines and Chicago Milwaukee mortgages drew buyers, and New York traction bonds firmed as subway strike fears eased.

New York Associated Press Federal Treasury Prise Third Liberty Panda Barkers Generaly St. Louis and San Francisco Railway Berlin International Committee of Packers of Mexico Seaboard Air Line Seaboard

New Highs in Curb Stocks Amid Strong Week

In New York on March 11, many curb market issues hit new highs after a week of heavy trading and sharp moves. Industrials and utilities led gains with notable climbs by Realty Associates of Brooklyn, Crowley-Milner, Deere and Company, Hercules Powder, and Ford of Canada. Oils and pipelines stayed buoyant amid higher prices and reduced output, while bonds and other sectors posted broad advances.

New York Associated Press Tuble Art Suik Realty Associated Brooklyn Chein Department Store Crowley-Milner Deere and Company Hercules Powder and Ford Canada Washington Railway and Electric American Gas and Electric and Electric Bond Itnois Prairie Stindara Ol Genanad

Wall Street Notes Post 1927 Earnings And Projections

National Cash Register reports earnings of 46 a share for 1927 with net income rising to 7,044,642 and sales near 46.96 million. American Power & Light shows 1927 earnings of 8,726,193, equal to 84.8 a share, while 1926 figures were 7,896,597 or 87.7 a share. Projections suggest 1928 earnings around 17 a share for Central Motor and other firms, with conservative estimates near 15.6 a share depending on growth.

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Improved copper demand boosts midweek sales

New York March 11 Improved demand for copper for domestic and foreign accounts advanced toward the middle of the week with satisfactory sales reported. Increased inquiries for wire helped stir demand while renewed export business and firm London ruling aided. Most copper offered at concessions was absorbed or withdrawn as producers held steady at 1 1/8 to 1 3/16 cents per pound delivered to Connecticut Valley points.

New York Associated Press London Connecticut Valley

General Motors and Rubber Dominate Weekly Markets

The week saw General Motors and Radio Corporation surge ahead with new highs. Stocks closed strong with GM at 157 3 4 and Radio up 13 3 8 for the week, while U S Steel rose 6 1 8 helped by gains in other markets. Rubber and commodity prices edged higher with wheat, sugar, and coffee advancing, though cotton remained soft.

New York Associated Prees General Motors Radio Corporation Gene Motors U S. Steel Lad Priicial Fote-Est Jevel South Africa Germany Bank of France

Butter Salt Brine Method From Historic Note

A concise note describes soaking butter in a salt water brine to keep it sweet and good. It advises mine at brine of salt and water for your butter cue and to keep butter in it.

Also Mentioned on This Page

One Irving Fisher Yale Uni Treasury Statement Wall Street News General Motors and Rubber United Loan Corp Valvfield Ave Cor Water Toom Barnum
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