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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

May 18, 1927

Page

21

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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