Market News By Associated Press Leased Wire
Market report from Chicago markets notes Wheat up modestly on Turkish tensions with later pullback. Corn opened steady to down, oats mixed and slid. Hog futures up with higher packer demand. cattle receipts slow with steady to weak demand. Veal calf prices down. sheep and lambs opened steady with dull feeders. Dairy prices mixed with higher butter and pigs, poultry prices up modestly.
MENTIONED IN THIS ARTICLE
Associated Preas
Chicago
Cotton Letter H Beers Market Uptrend Cited
Cotton Letter from Linnell and Company notes the market’s strength despite heavy receipts and unfavorable European news. It cites hopes for a quick reopening of the Maniia conference, Turkey’s peace stance, and rising exports as American mills may need two thirds of this year’s crop. It predicts price gains, possible 30 cents or higher, with global demand and idle supply continuing to shape the market.
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Turkey
Russia
Black Sea
Pardanelles
Europe
America
New York Stocks Faced Profit Taking At Market Open
Disquieting early trading from the East sparked profit taking among recent buyers and renewed short-interest activity as Friday opened. Standard Oil of New Jersey dropped five points, dragging down peers with losses of one to nearly three points. Marine preferred slid after yesterday’s strong third quarter earnings, while Salebaker Iron Products Midvale Ballwin and Coca Cola lagged. Some issues held up like United States Rubber Cristt preferred and Pierce Oil, with Wentworth and Air Reduction posting gains and new highs on light volume.
MENTIONED IN THIS ARTICLE
New York
Lst
Standard Oil
Bouyant
Standard Oil of
Californa
Mexican Pete
California Pete
General Asphalt
Marine Preferred
Toay
Salebaker
Iron Products
Midvale
Ballwin
Cocoa Cola
United States Rubber Cristt
Pierce Oil
Wentworth
Local Cotton Shows Another Advance Friday
Local cotton markets reported gains Friday with middling rising to 21 5-8 cents per pound from 21 3-8. New York and New Orleans futures showed weakness on Near East reports and eased after early rallies. Traders covered positions as ginning slowed in the South and demand shifted, while long staple interest grew in the delta. prices varied through the day with mixed signals from global cables and local receipts.
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Athens Daily Banner
Athens
Georgia
New York
Near East
Liverpool
Sone
Southern
New Orleans
Constantinople
Mississippi
Quotations from City Service and markets in brief
Quotations furnished by Atlanta offices Henry L. Doherty and Co. Cities Ser preference. Empire Gas and Fuel 8 per cent preferred. Cities Ser 6 per cent preferred. Common stock and common cash ship. POTATO MARKETS Chicago potatoes steady. Wisconsin white, Minnesota white and other whites steady. Dairy New York butter strong creamery higher. Creamery extras 44 1-2 to 45. Eggs irregular refrigerator firsts 28 to 30. Cheese firm.
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Chicago
Atlanta
Henry L. Doherty and Co
Empire Gas
Citles Ser
Bankers
NEW York Dairy
New York
Farmers of Franklin Enjoined From Selling Cotton Independently
The Georgia Cotton Growers' Co operative Association has served injunctions on C C C A and L L Pilgrim of Lavonia Ga, Franklin county members accused of non delivery of cotton. The ironclad contract imposes a 3 cent per pound penalty for selling outside the association and the group reports large advances totaling over a million dollars to date.
MENTIONED IN THIS ARTICLE
Georgia Cotton Growers’ Co-operative Association
L. L. Pilgrim
Lavonia
Franklin J County
Messrs. Pilgrim
Synagogue Observes Feast of Tabernacle Friday Evening
The Feast of the Tabernacle or Succoth was observed at the synagogue Friday evening with services led by Rabbi Stern. The festival runs from the 6th to the 14th, ending on Sh'mini Atzereth, reflecting its Biblical agrarian origins as the Feast of Ingathering.
MENTIONED IN THIS ARTICLE
Tabernacle
Stern
Israel
Furman Players Headed to Florida for Florida Game
A 22 man Furman University football squad under Coach Bill Laval left Greenville for Gainesville to meet Florida University on Saturday.
MENTIONED IN THIS ARTICLE
Greenville
U S. C
Furman University
Bill Laval
Gainesville
Florida
Florida University
Fortson Prepares For Court Start In Barrow County
Judge Blanton Fortson adjourned the Superior Court of Barrow county on Thursday afternoon, returning to Athens to prepare for Clarke Superior Court Monday morning. A light civil docket hides a heavy criminal schedule with murder cases likely to draw attention. Indictments were issued or carried forward as court recessed. Fortson’s prior charge drew wide approval in Barrow county and is expected to have beneficial effects.
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Blanton Fortson
Superior Court
Barrow County
Athens
Clarke
Thal
Barrow
Fogtson
Car accident near Major's Mill claims life of Hartwell youth
Tudor Cooley of New Britain Conn was instantly killed when his automobile overturned on the Bankhead highway at a sharp curve near Major's Mill. Milas Dorris Ligncom of St. Petersburg Fla escaped injury in the crash that involved Mr and Mrs Harry Ty Cooley of New Britain and Mr and Mrs Holcomb of St Petersburg. The Cooleys, in Asheville for the summer, were en route to St Petersburg where they have a winter home. The body was taken to an undertaker for shipment to New Britain for funeral and interment.
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Banner-Herald
Hartwell, GA
Tudor Cooley
New Brittain
Conn
Bankhead
Major's Mill
Milas Dorris Ligkcom
St.Petersburg
Fla
I Jury
Young Cooley
Harry Ty Cooley
Pistol Shot Stops Whiskey Runner on Broad Street
In Savannah George Walton, chased by dry officers for moonshine in his car, fired at the pursuer’s car, puncturing a rear tire near West Broad Street. The driver was taken to the barracks to face reckless driving charges and held for the U S Court. fined 25 dollars for speeding.
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Savannah
George Walton
West Broad Street
Walton
U. S
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