Stock Market Soars On Easy Money Rates In New York
Easy money rates fueled a sharp advance in New York stock prices as heavy buying and short-covering supported many issues. Baldwin Locomotive led gains by climbing over 81 points while rail shares and infrastructure stocks rose. Interboro Rapid Transit and other utilities fell as investors shifted.
MENTIONED IN THIS ARTICLE
New York
Stonk
Baldwin Locomotive
Pricn
American Car and Foundry
Lima
Polman
van Sweringen
Maryland
Iring
Baltimore
Oia
Gereril Motors Corporation
Wall Street News Notes May 17 1927 Financial Roundup
Wall Street notes show St Louis Southwestern optimistic on flood impact in 137 000 territory. St Regis Paper stockholders to vote May 27 on increasing authorized common stock to 750 000 shares and board size to 18. Erie and Nickel Plate relatives increase holdings. Frisco and Rock Island flood damages estimated. American Drug Syndicate to pay semiannual dividend. Mid-Continent Petroleum quarter profit up. Crescent Pipe Line and Warren Brothers report pipeline and road projects. First National Bank NY stock hits record. Burroughs declares special and regular dividends. Commonwealth Power reports earnings 7.21 per common. Federal Mining and Smelting changes dividend policy. World copper April production 134 901 tons per American Bureau of Metal Statistics.
MENTIONED IN THIS ARTICLE
St. Regis Paper Company
New York
Sengeage Corp
Xork Stock Exchange
Gen Fina
Shell
General Motors
Tae Minter En Bow
Abraham Straus
NOD Gem
al Alert
Theatre Fey
Alaska
Sinclair Con
Sou
Ghaliners
Troy Ts
Allis
Glidden Co
Wu Sloss
Hou Amerada Corp
Tan
Bruke
Yhoe Fay
BhTa
Speer
Gan Klee
Standart Milling
West Sugar
Stewart Warner
Houston
AurLa
Joy Sierler
la France
Ivison
Gon Amutographe Co
Texaderp
Hupp Central
Wwe
Ingersoll
Abu
Inland Steel
Thompson Co
Macwater
Ann Pow
Internat Ax Corp
Tulineco
Finrvest Co
Fan Romatta
Union uCre
BU Ynton
Cal
Caton Bae Bt
Bickel
Amn Tyre Vounderes
BNO Tatau
United Cig Stures
Tree Furs
Lilly
United Drag
United
Fay
Kuns
Kan City
Arma Co
I ' Be
Zo Kan City
Sou_p BT
Gi ‘S
Leone
S Steel Co
Acm Co
Oo Kuyeer (J
Vu S Steel Co
Arnold Constah Corp
Osey
Actigom Corpa
Goo Asso Dry Aly
Aig al Avi Tabernal Ict
Asko Dry Goa
Kresge Gas Light Geass
UGO Atchison
Atchison Prd
Archites
Lambert
Vanadium Carp AG
Gulf
van Haulte Ue
Non Wick Chemical
Atlas Powder
Uh Ua
Myers
Toco
Linuid
Victor
Agunaberger
Luewhs Lee
Ir Cooke
Barnafall Corp
Ney ST
Viraudou
Bayuk Cigur
Toritl Pierre Co
FO Ward Baking
Ward Bak Ua
Notuy
Aga Cop Co
Warren Lirea
Brooklyn Edison Aba
Ogy Abs
Pentee
EL Sun Ib AG
Pen Dew
Tay Wosy
Ozhy
Sane West Mu
Brunswick Balke Coloe
Martane
Merlin Rock
Western Union
Burroughs
McCrory
Bush Terminal
Weston Wee
Ita
McIntyre
Butte Superior
BOD
Cal Petroleum
Callahan
Tex P du Ae Wilson Corh
Tory
Cabinet Beacon
Missoni Power
Canada
Murray Corp
Uerro de Vasco
Nish Motors
Chicago Alton
Nat Dept
St Paul
National
Noah
Chie Houk
Chrixtie Brown Co Sud
Mt West
Tay Chrysler Corp
Ig Falls
Norfolk South
Collins Alkman
Norfolk
Colorado Fuel Iron
Norfolk West
Colorado Southern
North Am
Altay
Am & Lia
Col Gas el
North Am Edison P
BT Ag
Boty
Carmurrefal Credit
North Pac
Conuner Tay ‘Trust
Ty “Cay
Northwest Teles
Can
Norwalk
Ornibas Corp
Sminkas Corp
Orpheum Circuit
Consol RT
Cuba P
Consol Textile
Owens Bottle
Continental
Packard
Cu Patge
Pan Am
Coty Inc
Parc
Fim
Cuba
Huger
Pathe Berh
Fatinn Mines
Nas Rt
Ny Anh
Treerless Motor Car
Peniyk Ord Bot
Osan
Penn Seahd KL
Davison Chemical
Lorin
Sastern
Zou Deere Co
Delaware
Phila
Detroit Edison
Philip Morrin
Desco Raynalda
Piper
Prins Petrol A
Dever Meynoldy
Whenix
Tostecy
Hieron Malishe
Plure Arrow
Dodge Bros
Arrow Wat
Tay Ao
BUD Dome
Dodge Shines
Pleres Petroleum
Pmelsburgh
Cedo du
Egabnan Kodak
Sircasmt
Ieay
Fitton
Stetiners Ag
AIK Fey
Juimean
Eng
Radio Co
Amay
Roy
Hely Co Ruta
First N
Remington Rand Ray Ai
Wty Ny
Bety
Fea Flejehmann
Ruan Fount Tan Co
Fox
Reynalda
Latta
Gu Comeral Agplatt
Sorutte
Schulte Air Line
Foreign exchange rates report from New York May thirty
Foreign exchanges mixed with quotes in cents for major currencies. Demand figures show international banks trading Britain at 484 for cash and 485 8-8 for cables, France around 8.81 1-4, Germany 23.68 1-2, Norway 26.31, Sweden 6.78 1-2, Denmark 26.66, Switzerland 19.22 0-4, Spain 17.54, Portugal 3.15, Poland 1.40, Czecho Slovakia 2.98, Romania 63 1-2, Argentina 42.37 1-2, Brazil 11.81 1-4, Tokyo 47.43 3-4, Shanghai 62.12 1-3, Montreal 100.06 1-4. In demand 947 3-4 across cables.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Germany
Volland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czecho-Slovakia
Dugodavia
Austria
Ronmania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Eahles
Stock Averages Show Mixed Rails and Utilities
Ten rail averages are given as 97.0 with a general note on market movement. Utilities and industrials show modest gains while the overall combined averages sit around the mid 90s. Bond rates and par value data are briefly referenced without clear details.
Money market notes and Treasury balance report line
Money market quotes show call money ease with bids and rates for 60 90 day and 4 6 month maturities. The daily Treasury statement lists the general fund balance at 178 715 089 61.
MENTIONED IN THIS ARTICLE
Washington
The
U. 8 Treasury
Balance General Fund
Goodyear Surges to Highest Price Since 1921 Crash
New York May 17 AP Regular price movement in today s curb market was small with activity centered in select industrial and specialty stocks. Goodyear Tire climbed to its best price since 1921 amid relief over legal costs and expected refinancing savings. Rea Motor advanced over a point as investors weighed overproduction concerns. Public utilities fell while Metropolitan Chain Stores and Western Maryland moved higher.
MENTIONED IN THIS ARTICLE
New York
Goodyear Tire
Rea Motor
Metal Osage
Standard
Ohio
Chile
Maryland
America
Blackstone Valley Gas and Electric
Penn Chinison
Liberty Bonds Nasdaq May 17 Market Quote
Liberty bonds listed by type show varied prices with Liberty 3 1-28 at 160.29 and Liberty 4 1-43 around 160.4,Liberty second 4 1-96,Liberty third 4 rds near 4 l-da, Treasury 1-4s and Treasury 45 noted with values around 160.29 reflecting market activity in New York.
MENTIONED IN THIS ARTICLE
York
APY Loving L'bartics
Liberty
New York Produce Prices and Receipts Report
May market receipt figures show creamery products with higher premiums for firsts and extras, while potatoes weaken receipts. Prices noted include Green Mountain and Virginia offerages, with barrel and per bushel quotes and regional variations across Maine and Idaho markets.
MENTIONED IN THIS ARTICLE
New York
Maine
Green Mountain
Metal market report from New York trading floors
Copper remains steady at 13.00 for spot and futures while tin holds at 64.60 in nearby trading. Lead and antimony show various prices with mixed futures and spot activity, reflecting a cautious session in metals markets.
MENTIONED IN THIS ARTICLE
New York
Bond Market Dips as Investment Shifts Weigh
New York May 17 trading in the bond market showed little interest and few clear irregularities. Shifts in investments around quarterly interest dates appeared to guide moves. Chesapeake and Louisville Nashville gained slightly while industrials and steel issues moved modestly. Foreign bonds were firmer on lighter activity and a $12.59 million Montana Power issue was announced for retirement of stock.
MENTIONED IN THIS ARTICLE
New York
Eric
Earler
Chesapeake Corporata
Louieville Nashville Bs
Walworth
Shipping arrivals at major ports with date notes
Ships including Noordam Franconia and Columbus reported at Aquitaine Southampton Rotterdam Plymouth and New York with May arrivals. Vessels London Rotterdam Rio Janeiro Bremen and Hamburg listed among ships visiting New York and Plymouth with dates around May 7 to May 17.
MENTIONED IN THIS ARTICLE
Aquitaine
Southampton
New York
Cleveland
Hamburg
Spe Noordam
Rotterdam
Styndam
Plymouth
Yori
Franconia
Rio Janeiro
Sallerh
Columbus
Bremen
Also Mentioned on This Page
Erie
Butp, Childs Co
Christie Browm Eurekua Vacuum Cleaner
Public Service of New Jersey
Interboro Hapld Transit
Lernard Towacco
Austin Chols
Tde
New England
Old Colony Corporation
OLD Colony Corporation OF Boston
Pearl Street
Hartford
Leni
Alan
Florida
Georgia
Guaranty & Trust CO
1St National Bank
Wall Street News
Daniel Upthegrove
St. Louis-Southwestern
J. J. Bennet
Chicago
St. Twalk
Toten L. Bernet
Willam M. Bernet
Buffalo
Louis Burtfeind
OG. P. and
M. J. van Swerlheen
One Ten Trust Company
Vaness Company
St. Louis
San Francisco
Tock Island
Pacific
FE. N. Brown
Rock Island
Des
Wists Syndicate
Schulte
Ranscontinental OF
Mid- Kansas
Ol and Gas
Yates Wool
Pecos County
West Texas
Mnols
McCamey
McCame
Mid-Continent Petroleum Corporation
Crescent Pipe Line Company
Warren Brothers
Mick Trucks, Inc
T&c- Mile
Warren
First National Bank of New York
George F Kacker
Burroughs Adding Machine
Commonwealth Power Corporation
Federal Mining and Smelting Company
Hileatton
Ft Adt Storkholders
Aneerean Bureau
Metel Stu- Astles
Suner
FIT Associated Press
Prime Mercantile
Treasury Batlance
Goodyear
N. Y
Peete di
Barium
the Mutual System
Bank Street
Bank and Insurance
Bankers Capital
Bil
Ameren
Bank of America
Bank of Mephattun
Ara Bank of N
Trust Co Sy Aza
Staten Co
Banker Tram Co
Bhoe Bowery Kant Iver Nil Bank
Timokten, Trust Company
Wa Ogy Be
Cetral Taker Trust
Ivan Chase National Brule
Chathant Phoenix Be & Tr. Co
Chemie
National Bank
Colonial Bank
Corn Exchange Bank
Pvullable Trust Co
Tam Toan and Trust Co
Fitth Wo
Gardel National
Hank
I WG
Guaranty Trust Co
Hanover Nationel Bank
Tearrlman
Sattonal Wak
King E County Trust Co
Rey
Nau Manu Haters ‘Trust Co
National Hank of
Conner
Afi
Bante
York Trust Company
Park Bank Ve
Guaranty Ant
Mmeurance
Aetna Life Oy
Continental Fidelity
Phoenix
Martford Wire
Ast Tome Insurance Co
Ameria Aan
Nisgara
Waval Ty Os da Oy Peferr
Sturrewant Y
Pravelors of
Aisa Qt
Carunlra Westchester
Amery
Banker Con, Corp
Mortange
Tetley Ait Mortgage Ags
Southern Surets
Paul Kaye
Broadway
New York City
Bankers Capital Company
Bridgeport
Waterbury National Bank Bldg
Waterbury
Mold Street
Gunoet
E. J. Sturges
Ju, Kink
R. J. Randall
H. A. McKillos
Daniel Pyle Earl A Hepburn
John Keogh
A. F. Connor
G. F. Simmon
Eastern Bankers Corporation
Stark
Noble
Miami Mortgage & Securities Corporation
Coral Gables Real Estate
BCE
Aney Lodi
Outer & Courteaas
Fidelity Loan Corpora
Middle St. Joho
Automatic Movie Display Corporation Stock
Broadway N. Y
Vitalux
Lawson & CO
Apeur