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Newspaper
Syracuse Journal
Location
Syracuse, New York, United States of America
Date
Feb 27, 1928
Page
14
A New York curb site sale reported 383400 shares traded totaling 5 857 000 dollars. The figure reflects market activity on February 27 with notable volume across listed securities.
New York Stock Exchange quotation furnished by A. J. Wright & Coy at 101 University Building. W. G. Lapham serves as manager and provides the final stock sale figures.
The National Industrial Conference Board reports that industrial employment fell about 79 percent from its 1920 peak by the end of 1927, though production rose. The decline ties largely to mechanization while earnings among remaining workers stayed strong. Syracuse industries have reduced staff for seven years despite higher output through advanced processes and efficiency.
In New York on February 27, curb market trading showed mixed activity with several industrials declining. Shik led losses, sliding two points to 471, while Unity and United Gas Improvement held steady with marginal gains. American Gas and Electric traded near 12, Power and Light dipped, and Canadian stocks showed little activity.
A fragmentary account outlines the decline of Syracuse area textile and related industries, noting employment drops and management changes during the nineties, with references to figures like Mr. Pope and Mr. Anema, and mentions of various plants, unions, and schedules amid a broader national decline.
Unclear OCR fragment reports a banking or financial note mentioning New York, data, and a potentially vague clearance or balance term. Limited readable names or organizations are present, no coherent event, date, or outcome can be established from the fragment.
The document presents fragmented OCR with scattered phrases about livestock, weather, and financial terms. Key names and locations are unreadable, but the overall sense is a ledger style balance and rural agricultural notes.
New York February 27. Control of the Bank of America passes to A Ty Giannini head of the Danetaly Corporation and founder of the Bank of Italy of San Francisco. Shares valued at 310 each for 33,000 Bank of America stock will enlarge the bank's capital by about 50,900,000 under new ownership. Giannini to chair the board. Leo Belden to become director. Edward Delafield to stay president.
New York February 27 reports show the U S bond market irregular with declines in active municipal and railroad issues that had been offered freely after peak January prices. Trading was dull and featureless as investors tempered expectations.
Local records show one family at 300 Malsermear and Speach Street receiving a building permit for a single family residence valued at 499 in the local currency. Permits cover new construction and related utilities.
Grain market notes show oats and wheat price details with closing quotes. Wheat futures for March traded near 2.33 while oats and other grains moved within the day’s range. Market activity reflected typical winter trading conditions and price fluctuations.
A garbled OCR passage lists numerous words and abbreviations across many capitals and codes. Readable facts are minimal. no coherent event, people, or organizations emerge to summarize.
George Grahams Rice editor of the Teonoglast and five co suspects were indicted today by a federal grand jury on charges of conspiring to use the mails to defraud. The new indictment names true name Jacob Simon and several aliases and ties the case to the Wall Street Trader network and the Cotton Market.
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