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This newspaper page contains 18 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Oct 26, 1926
Page
19
In New York trading, a thin session closed with uneven gains as investors liquidated stocks amid fear over election outcomes and uncertain business trends. Cotton prices slid slightly while the cotton crop outlook remained oversized. meanwhile reserve easing did not shift call money.
Fragmented OCR text notes cotton production figures and gin totals in 19th or early 20th century style. Core data reflects a high bale count of eight million seven hundred twenty-two thousand sixty-six, with references to cotton districts and processing centers in the United States.
Grain and dairy prices shown with creameries and extras noted as steady or changed. Potatoes and peppers appear with regional references and varied quotes, reflecting wholesale activity in New York markets and nearby suppliers.
Wall Street notes show railroad receiverships and property moves plus dividend actions. mergers and orders from rail and steel firms, with varied profits across telecoms and car makers, and cautious outlook on domestic prices amid foreign demand shifts.
New York markets show copper futures steady while tin futures ease. Spot prices for antimony and lead fluctuate as smelting and refining firms cut costs by twenty five cents per pound.
Most issues moved down as dull session dampened sentiment in the curb market. About 200000 shares changed hands with heavy buying in a few Latin American tips and gains for Carib Syndicate and American Maracaibo. Standard CHL little changed. Uipear set a new high, while Tell Manufacturing lagged amid sector weakness. Public utilities mixed with States Lighting and Heath at records as American Gas fell.
New York City Federal Reserve member banks held loans to brokers totaling TEAGO for the week ending 20, down from the prior week’s $0.00. The Federal Reserve Board released the figures today, showing a continued drop in broker loans amid tighter credit conditions.
The notice lists bond and bill prices for various currencies and markets. Cables and domestic demand rates are shown for Britain, Germany, Switzerland, France, Czecho-Slovakia, Austria, Romania, Portugal, and others with fresh quotes and ranges.
A terse market note describes borrowing options with bids around 4 1/2 and 60 to 90 day windows. It cites BPrime mercantile paper at about 4 1/2 and outlines mixed collateral and term ranges from four to six months.
Market report notes Rubber New York Get Rubber closed steady with futures quoted at 43.00 for December, 44.00 for March, and 44.20 for May. Trade activity appears subdued with minor price stability across near contracts.
The school savings drive expands nationwide with 9.4 million students in 11,871 schools participating. Deposits total 41.84 million dollars this year, up from six million twelve months earlier, signaling growing adoption across states from Massachusetts to Washington and highlighting strong involvement in the effort to teach financial habits to youth.
Shipping notices list arrivals and departures: Mauretania Plymouth from New York on October 24, Onia Havre October 24, Apachican Serepaet from New York to New York Ort October 25, Milison London to New York Get October 25, Etitia October 28 Quebec Montrose Liverpool October 2. A stray line hints at bank credit balance and generic city names.
Liberty bonds in New York show tentative gains fading as stock and cotton weakness limits optimism. Belgian stabilization talks prompt price adjustments with a $100 million loan and $86 million credit. European issues edge higher on prospects of stabilisation. Domestic rails rise modestly while White Star Line sale talk spurs IMR buying, but overall market momentum dwindles.
Chicago wheat prices dropped sharply in late trading as traders booked profits after a prior upswing from a larger U S visible supply. Corn and oats eased or held, while provisions varied. export business slowed and Gulf premiums softened. Domestic visible supply rose, signaling rapid grain movement to consumers amid uncertain 1927 acreage. France衛 to import large wheat and rye due to poor production, while Canada shipments continued widely.
Oneco Conn Oct 25 The Ballouville mill, idle for some time, began operations with a partial force of workers. After equipment changes are complete the mill, with Pineville and Atla wangan facilities, will employ about 500 hands.
Pure Oil Company directors declare an extra dividend of 0.5 percent or 2 1-24 per share, on common stock, payable December 1 to stockholders of record November 10. Also shows a general fund balance of 225,959,040.99 in Washington daily statement.
Cotton prices in Cotton New York on October 25 show a middling spot at 12.48 and futures finishing steady with gains across the curve. December trading around 12.85 to 12.37, January 12.86 to 12.96, March 12.70 to 12.04, May near 12.87, reflecting modest upward movement amid thin activity.
Our New York office links privately to our own offices and key investment institutions in Albany Louisville Athens Macon Atlanta Milwaukee Augusta Nashville Baltimore New Orleans Boston Philadelphia Bridgeport Pittsburgh Buffalo Portland Chicago Rochester Cleveland St Louis Columbus San Francisco Detroit Savannah Scranton Elmira Seattle Rapid City Syracuse Jacksonville Valdosta Los Angeles Wilmington. Hemphill Noyes Co offers full investment service via these connections at 37 Wall Street New York.
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