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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Sep 26, 1927
Page
13
New York Sept 25 The steel industry saw a week of declining activity yet traders expect rising steel demand soon as autumn business accelerates. Auto and railroad orders are watched for a buying surge while steel prices hover near this year’s lows amid mixed signals in manufacturing and labor markets.
A listing from the Commissioner of Agriculture detailing prices for fruits poultry and livestock feed in Connecticut. Items include apples oranges lemons cantaloupes pears peaches grapes pineapples prunes cranberries and various vegetables with price ranges per bushel box crate or pound. Also includes hay grain and feed prices such as oats corn bran meal and mash with figures in dollars per unit.
Sterling cables traded above parity for the first time since 1914 boosting New York markets. The rise reflects American capital flow to London and funding of Europe’s grain and cotton purchases in New York. Analysts differ on further gains. gold shipments to London seen as possible. Bond prices held firm while new offerings fell back.
Bank and Insurance stock quotations, burushed by Hawkers Capital, present a snapshot of market activity. The page lists listed banks and insurers with closing prices, daily changes, and brief notes on notable movements, reflecting sector performance.
In New York the copper market shows reduced inquiries from both domestic and foreign buyers. Leading producers hold 1 1/4 to 1/2 cent for electrolytic delivered to Connecticut, with home business nearly stagnant after recent purchases. Export buying also waned as some foreign buyers lowered bids amid the lull.
Falls pilot Edward Behr loses control of his biplane near Bayway New Jersey. He was uninjured though the lower wing propeller and landing gear were wrecked. The craft fell from a height of a fort yesterday after arriving from Curtiss Field.
New York Sept 38 The bond market was quiet but with interest as holders showed willingness to relinquish high grade bonds at top figures amid brisk demand. Observers noted possible money tightening ahead while easy money persists due to ample gold reserves. Reports point to upcoming large offerings in the week including 30 million to Poland and 646 million for the Republic, with Mexican diplomacy boosting market activity.
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