Bond Market Prices Crumble Across List In New York
The market turned weak amid foreign exchange turmoil as foreign securities flooded in. Prices fell broadly with losses up to 2 points on native issues and notable drops on Belgian, French, and Danish bonds. Government issues extended declines while Liberty bonds rose slightly. Norfolk & Western and other rails showed mixed moves amid dividend news.
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New York
Cot
Fortien
Pragsve
Braaig
Bordeaux
Proney
Denmark
Wiberty
Eurera
Cirst
Pepett Joan Wire
Norfolk & Western
Factories Increasing Payrolls as Demand Grows
Washington reports show basic industries expanding payrolls to keep pace with improving business conditions. Car building and repair rise 15.8 percent, woolen mills 11 percent, flour milling 5.6, cotton manufacturing 5.3, silo building 4.7, auto manufacturing 6.0, printing 2.6, red boot and shoe making 0.0, while faro implements cut 4.4 percent as part of overall production adjustments.
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Science Service
Washington
Det
Department of Labor
Faro
Automo
Ious
Upward Price Movement Fueled by Short Covering
The report describes a rise in prices toward the close driven by extensive short covering and a firmer tone in the market. It notes lower bond prices, irregular movement in equities, and improved conditions in cotton futures. A published statement attributed to Chancellor Wirth regarding the decline of German banks is cited as influencing foreign news.
MENTIONED IN THIS ARTICLE
Chaancellor Wirth
Dhe Forelin Nees
Stock prices shift as Bethlehem Steel swap planned
Axphante Taka a Securities plans to exchange for Bethlehem Steel at Kean Taylor & Co New York City on October 80. Total cash to be distributed with new Geth Jehem stock stands at 473 009 dollars. Bridgeport Insurance notes National Visitor's Week aims to showcase modern plant inspection and Tuesday methods. American Window Glass raises prices by ten percent due to higher labor fuel and material costs.
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Axphante Taka
Tackawanna
Bethlehem Steel Company
Ofice of Kean Taylor & Co
New York City
Geth Jehem
Bridgeport
Zidu
Ae AG
Rae
Chile
Ural
Pro
Kelly
Kresge
Vis
Ak Yann UK Steel
Hove
Ath As
Bhd
Nort
Oil & M
Ragig
AinRh
Ted
Ian
Mig
Mary
Anu West Pa
Foreign Exchange News Reflects Demand Shifts and Industry Strikes
New York currency markets show steady US money with mixed bids and offers as steel and textile sectors cut back output amid fuel and rail strikes. Pan American stock activity softened after early strength, while foreign currencies moved on demand expectations. trading noted higher money demand for short terms and broad market uncertainty.
Local Produce Prices and Market Conditions
The market report shows active demand and limited supply for apples parsnips and turnips with prices rising. Poultry and dairy products such as eggs butter and dressed fowl show steady if cautious activity while meat cuts and cattle inventories indicate fluctuating demand and modest movement in the livestock market. New York markets appear cited with regional storage notes and price ranges for items like potatoes cabbage and onions.
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Mike
Gram Sd Anptes
Bekt
New York
LSU
China
Nyviai
Emery
Inztales
Stear
Change in Bond Payment Dates Shifts Investor Burden
Bridgeport stock exchange reports a shift in semi annual interest payment dates from June to July and August for convenience of depositors. Promoters behind the Radio Corporation of America project warn certificates may mislead, urging caution as investors weigh potential dividends and stock actions. The Census Bureau notes 1977 Connecticut spindle production and North American Dividend Directors plan a meeting to decide on common stock dividends, with earnings for the year likely supporting a rise to 6 or 7 percent from the current rate.
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Bk Fasterda
Dowding J
Pyosi- Webt Samni Uwley
Lye
Radio Corporation of
Antlea
Tormingne! Radio Corporation of
Ameriga
Arg Clrouhinieiys
Ray TL Barnes
Startford | Stock Exchange
Kay
Northmerican Company
Garey Str Agl Recap of Fresh Eggs and Brewing Night
Local notes highlight Garey Street activity with fresh eggs and a brewing vibe. Mentions include firsts like bright lights and midweek bargains as crowds gather. Details are fragmentary but convey a lively neighborhood scene with small vendors.
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