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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Oct 26, 1927

Page

18

Market rally leads stock and commodity gains on October news

A brisk stock rally led by General Motors and United States Steel driven by expected earnings and short interest fear. Cotton futures jumped after a bullish Ginnings report, while rail and auto shares rallied with strong gains in farm equipment and other industrials. Currency and time money rates softened amid general market breadth.

New York Associated Press J. 3 Census Bureau Exchange United States Steel General Motors Steel Common Preferred T. 8 Steel

Stock Averages Report From THF Associated Press

Stock market averages show industrials and rails with totals and highs and lows for the period. Bond market figures list first grade, secondary rails, utilities, and industrials with combined averages and comparisons to prior month and year.

Wheat and Corn Futures Rise on Liverpool Demand Factors

Grain traders in Chicago opened with wheat leading gains as Liverpool tonnage and liberalized European import rules buoy optimism. Corn and oats followed with mixed moves, opening higher for wheat, near steady to modestly up for corn, and mixed for oats amid ongoing export demand and provisions.

Chicago Upton Liverpool

Bank and Insurance Stock Quotations Bankers Capital Furnished

Bank and insurance stocks are listed with quoted prices and changes. The brief item notes quotations supplied by Bankers Capital and reflects market activity for financiers and institutions.

Bank and Insurance Bankers Capital

CURB PRICES RISE AS UTILITIES AND OIL LEAD MARKET

Prices of curb market securities recovered strength in today s dealings led by oils and utilities with brisk demand. United Gas Improvement closed two points higher at 107 3 2, American Gas and Electric up 2 7 8 to 109 1 8, and Prairie on and Gas Continental and National Transit plus Gulf Oil moved higher as overall industrials showed mixed results. Newmont Mining rose 2 to 102 as mining activity focused on improvements.

New York Associated Press Civb United Gas Improvement American Gas and Electric United Light and Power Associated Gas Electric Lone Star Gag Standard Oil Indiana Prairie On Continental National Transit Gulf Oil Johns-Manville Richmond Richmond Radiator Common Newmont Mining

New York Produce Prices and Receipts Report

New York produce prices show unsettled receipts with creamery butter at 43 48 1 2 cents, extras 92 score 47 4 2 with firsts 88 to 1 score at 42 47. Nearby hennery whites and browns see 60 to 76 with extras. Pacific coast whites at 70 to 74 by freight, 75 by express. Potatoes steady with 69 car receipts. Long Island bulk per 180 pounds 44 to 4.50. Maine cobblers 340 to 375 per 140 pounds. Green Mountains 385 to 410. New York cobblers per 180 pounds 350 to 375.

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Bonds Irregular as Traders Watch Market

New York on October 20 9 traders showed irregularities in the bond market as doubts over government financing plans next month kept many from buying. Foreign issues led losses with German obligations and French Italian securities hovering, while railroads and certain industrials saw selective demand. Treasury balances October 22 stood at 344 452 716 74.

New York Budapest 6

Also Mentioned on This Page

U.S. Steel Hudson, Packard Mack Trucks New York Central Chesapeae International Harvester Radio Corporation Montgomery Ward Woolworth Houston OU General Asphalt Horta Mutual System Bank Street Call Bar United Loan Corporation Fairfield Ave Cor Water Room U. S The American Bank & Trust Co Barnum Avenue Bridgeport Connecticut N. Y New England Old Colony Corporation Olp CoLoNy Corporation OF Boston Pearl Street Hartford Telephone Fidelity Loan Corp Middle St. Cor. John St. Bar Gage Milford Farpeth Stratford Milford Stratford Bridgepot Edgeport Milford Bidgeport Titli Ibject Wong Mortinterest Poralsat Tlinois Central Gulf Marine and Northern Chesapeake Southern Railway Erie Rock Island St Paul Minneapolis America Spencer Steel United States Treasury Balance Washington Treasury Bankers Capital Company New Haven First National Bank Bridgeport, Conn Waterbury Hoh Gunder E J Srunace Roy Randall Bridgeport Telephone Noble Central Union Trust Company of New York United States Light and Power Shares, Inc Electric Light Hincks Bros. & Co Main St State St
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