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Bridgeport Telegram in Bridgeport, Connecticut

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Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Oct 04, 1927

Page

19

Bear Efforts Fail to Curb Stock Gain in Volatile Market

New York stocks rose despite profit taking with rails and industrials posting gains and Chesapeake and Ohio leading the industrial group. Treasury money rates steadied as late-session selling trimmed some advances but several issues hit new highs. President Sloan forecast stronger 1927 performance while several blue chips and utilities showed mixed moves amid sparse news.

New York Associated Chesapeake Re- Central Canadian Pacific Illinois Central Union Pacific Nashville Chattanooga St. Louis Chicago & Northwestern Norfolk & Western Texas & Pacific U. & Treasury Rall Acae TeRtey Road Chesapeake and Ohio Con General Motors Sident Sloan American Shipbuilding Bush Terminal Commonwealth Power Cushman's Cayamel Fruit Homestake Mining Stewart-Warner U. S. Lea

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The Foreign Trade Factor in American Business

The Situation bulle tin analyzes the trend of export trade and its impact on future business and security values. The issue notes mail requests and lists member firms and city offices including New York and Philadelphia.

Bank and Insurance Stock Quotations

Bank and insurance stocks were quoted in early trading with mixed movement across leading names. Several financial institutions reported subtle gains amid cautious optimism as market watchers noted steady interest rate expectations and ongoing sector rotation.

Smerk Ne Farle Cro Boa Arutrion Ist Bank of Americ Bank of Manhattan Pe Ae Bank of Yaunt Bank of Uni Stet Bais Nis Hkisn Trust Company Rm Yen Venta Vien Pet Chase National Bank Os Nat Pho Ce Chenier Colmdal Bane Aan Empire Past Co VIER National Bank Ar Fiel National Bank S Fe Hanover Kings County Trst Co Sun Nationad Bank of Commerce Nailin Ct New York Taet Co Ag Seabord National Tank Tr Co United States Mort Apton Sun Aotom General Tate Fidelity Pientx Rutgers North Amelia Niagara New York Tinanciel Bankerp N.Y Bankers Cap Cosy Marta Linders York Southern Surety S. Soares Corp

Bond and stock market averages from Associated Press update

The report lists bond market averages for rail, utilities, and industrials with month and year values, plus combined averages. It shows total bond sales of about 49.542 million par value and stock market activity including 2,584,100 shares traded and ex-dividend details.

Indus

Foreign exchange rates and treasury balance update

Foreign exchange quotations in cents show various rates for Great Britain France Italy Belgium Germany and others. Also listed are Tokyo Shanghai Montreal and associated cables. Washington daily treasury balance shows general fund balance of 490,544,016.20.

New York Great Britain de Ables France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho-Slovakia Roumania Argentine Brazil Portugal Tokyo Shanghai Montreal Washington Daily Statement of the United States Treasury

Metals News Roundup From New York Markets

Copper steadies as electrolytic and futures show 131-8. Tin remains firm with spot at 50 to 12 and future 64.87-59.00. Iron shows little change with No 2 furnace material in Pennsylvania at 19.50-20.00 and Buffalo district No 2 at 17.25-17.59. Lead weak in New York spot at 6.23. East St. Louis futures quoted 6.00-6.0. Anthony spot price 119.00 on quicksilver live.

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Easy Money Rates Lift Bond Prices in Late Trade

Bond prices continued their advance as money rates stayed easy. Investors and banks added securities to portfolios while anticipation of October interest and dividend disbursements supported demand. Rail, utility, and Mexican issues rose, with North American Edison and Goodyear notable movers amid a broad market firmness.

New York Oct Associated Press Northwest Railroad St. Paul Chesapeake Telephone Company North American Edison Goodyear 58 Ajax 83

Cotton futures close steady with varied gains and losses

Cotton futures closed steady to several points lower with October at 21.28, December 21.41, January 21.49, March 21.70 to 21.73, May 21.08 to 21.92. Spot middling for the day quoted at 21.80.

New York Associated Press

Call money steady as large loans hold firm

In steady trading, call money and loans show no change with big lenders maintaining steady rates. Time loans reflect stable ranges around 60 to 90 days at 3 to 4 and 48 months near 4.1 to 4.9, while prime mercants report minor shifts.

New York Associated Pres

Also Mentioned on This Page

American Water Works New Eastman Kodak U. S TEL Mutual System Hemphill Noyes Erchande City Savings Bank Bridgeport Telephone Barnum Philadelphia Heston Prtteburgh Albany Baltimore SY. Ce Scranton Connecticut Bridgeport Stamford Waterbury Windham Carousers Hi. L. Allen & Company Investment Breedway New York Telephone Hudson’s W. E. Willard & Co., Inc Newsvarer Rabhiye Bank and Insurance Bankers Capital Asociated Press Lon Panks Ables Treasury Balance Northwest Railway United States Second Liberty Bankers Capital Company New Haven First National Bank Cons Vetervars HM. Gunnen E. J Kirk RF Panpaur Hoa McKill Daniel Pyle Barte Heregan John Keogn Connor C Simmon Eastern Bankers Corporation Common Stock Financial Institution Rewest Noble General Vending Corporation Central Union Trust Company of New York WM. Wrigley, Jr Wm. Wrigley, Jr. Co Robert F. Sniffen Farmer Sears, Roebuck & Co Robert E. Allen Central Usion Trust Thomas V. Salt General Vending Corp Stanley Nowak Prue Peerless Weighing Machine Co Maine Delaware Pacific Peerless Weighing Machine Corp California Rhodes-Hochrem Manufacturing Co Illinois Hoff Vending Corporation of America Wm. Wrigley, Jr. Company Hoff Vending Corporation of America 1 Wrigley Brands Penny P. K Iney Penny Woolworth Liggetts United Cigar Stores Union News J.C. Penney McCrory Grant Metropolitan Walgreen Consolidated Companies Ncome Haskins& Sells Haskins & Sells Jean Opieber Tod Tasman & Cargimy Ed van Tagen & Corymans Heritess de Erect the Corporation Meters & Hrineh, Sry Th Singh Orm F. J. Lisman & CO B. J. van Ingen & CO The Title and Guaranty Company of Bridgeport State of Connecticut Title and Guaranty Company of Bridgebork Bankers Security Trust Company Fairfeld & Ave TRE Titst and Guaranty Company OF Bridgeport Anrson F. Connon Tia New England Equity Corp State St Electric Light & Power Shares, Inc Central Union Trust Company of Electic Light and Power Compunes Hincks Bros. & Co Main St
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