Cotton market unsettled as rains curb demand in New York
New York April 23 unsettled cotton market with heavy selling and covering amid rains in the southwest. Prices ranged lower for most months, May near the lowest, and spillover selling from old crop months led by May and July. Reports of strong Liverpool demand and quiet primary markets contrast with local bear pressure and concern over May notices due next Tuesday.
MENTIONED IN THIS ARTICLE
New York
Jlver Pool
Nesg
Liverpool
Cotton Markets Show Mixed Prices Across Ports
Reports from Atlanta to New Orleans reveal mixed middling quotes and movement. Receipts and exports are listed across ports such as Savannah Charleston Wilmington and Norfolk with total daily and weekly totals, while May futures gain on short covering amid weather improvements and tender concerns.
MENTIONED IN THIS ARTICLE
New Orleans
Salen
Galveston
Charleston
Willaington
Exporia
Norfolk
Boston
Philadelphia
Jordon
S . Sé
Liverpool Cotton Market Signals Mixed Outlook
Liverpool showed unexpected strength in the cotton market amid late 1920s style rumors and tender speculation. Southern spinners may take forty to fifty thousand bales as the market rose then eased on testing. Weather in the South remains favorable for farm work, with northwest Texas noted as an exception.
MENTIONED IN THIS ARTICLE
Tepeenst
Liverpool
South
Texas
Liquidity Hits Market as Rain Tightens Demand in Texas
In north and east Texas heavy rain caused liquidations with small price declines. Unsettled politics and shaky financial markets restrained demand, while some buyers moved in from Liverpool to position ahead of expected shifts. May positions show slight falls. sugar and provisions quotes drift amid the volatile market as buyers and sellers hold.
MENTIONED IN THIS ARTICLE
Liverpool
Texas
Bonds Money and Exchange in New York Trading
Call money nominal with 20 loans noted. Time loans stringed as 69 class 2% at sof days, Sta ate months Jy. Time mercantile paper 34 4. Sterling exchange trimmed for sixty day bills 4.8580, demand 34.8770, commercial bills 94.944. Bar silver 69, Mexican dollars 40%. Government bonds steady, railroad bonds weak. Balances show $599,697,479, with week totals exchanges $1,953,430, balances $126,603,249.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Clearing House Statement Shows Higher Bank Reserves
Clearing House report indicates total reserve funds and trust company balances rose week over week. Aggregate cash reserves reach $495,156,090 with excess lawful reserve up to $30,564,400. trust companies hold $383,238,000 in reserve with Clearing House members. In New York state banks and trusts not included, loans and deposits show notable gains and declines.
MENTIONED IN THIS ARTICLE
Banke
New York
Deereass
Corn Shipments Fall Off as Argentina Supply Constrains Mark
Chicago April 25. Argentine restrictions tighten grain markets. Corn futures firm after a net advance while wheat and oats gain. Torrential rains threaten 70 percent Argentine crop quality and signal a heavy drop in shipments. Cash grain mixed across cities with modest buying and renewed export demand anticipated. Prices for corn No 2 at 67 3 4 to 68 1 2 cents. Rio and Santos markets mostly steady to firmer amid global movements.
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Chicago
Argentina
Seaboard
Kansas City
Commission House
Longa
Atlantic
St. Louis
Dupes
Gloria
Titus
Burt Onta
Ghoteo
Shaw
Patsy Imesh
Purina
Victory
Kingdorn Nore
Victory Horse
A. H.C
P.O W
Georgia
P. W
Atlanta
Atlanta Live Stock Market Report
Market notes show bids and prices for steers cows and bulls with mix of grades and fattening trends. Hog and pig values listed alongside heavy grain and flour quotes. cattle receipts said light with steady or higher demand for medium cattle while feeders and butchers adjust with season and Western markets.
MENTIONED IN THIS ARTICLE
Atlanta
W. Whiten
Howe
Mast
Prophet of the Spring Weather Comment by Dr Frank Scheele
House physician Dr Frank Scheele of Emergency hospital says that bullfrogs croaking signal that real spring weather has arrived and will stay. The remark frames a traditional cue linking nature to seasonal change.
MENTIONED IN THIS ARTICLE
Frank Scheele
Market Unhurt By War Reports
New York April 2 There was selling of weak holdings after the Mexico hostilities began, but the market overall remained resilient with good support. Declines were limited to a few issues. traders expect a rally if favorable news or higher rates occur, despite current bearish sentiment and heavy short interest. Banks remain strong with rising surplus. bond issues and railroad financing face delay amid wartime uncertainty. Wheat and cotton rise on war fears. steel output at varying utilization. copper markets quiet with modest prices.
MENTIONED IN THIS ARTICLE
New York
Army Duck
Uniform Twins
Jr. Genseat
Norsmalz
jSuth
Rehr
Apri
Tober
Santos Fours
Cordova
Havre
Hamburg
Rio
Tigko
Saies
Specipl
Mexico
Wall Street
Amaler
Interstate Commerce Commission
Cail
New Haven
Missouri Pacific
New Haven Road
St. Paul
Mitmois/ public utilities commission
Parcel Post
International Smelting and Refining Company
Anaconds Copper Company
The
International
Atanta, Birmingham
Ac_lantic
General Railway Signal Company
St. Louis
San Francisco
Texas
Steel Corporation
Market Roundup From New York and Midwest Reports
Country Produce in New York on April 26 shows butter steady and receipts at 3,475. Cheese and eggs largely unchanged with mixed notes on fresh gathered extras and packed goods. Kansas City and St Louis reports on April 25 mark butter eggs poultry unchanged, turkeys steady, while Chicago on April 25 notes butter unchanged and cheese steady with 20,203 cases received. Potatoes unchanged with 47 cars reported. live poultry prices for fowls and turkeys mixed at modest levels.
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Cahisbey Ceraerente
Esby Tracery’ Company
Alderney
eSetecsiow
Daem
Sie
Barrett
Arm
Horsford
Gadd Locke
Success
Rough River
Benne
Lima
Sige
Pryy
Fleka Waite
Oltres
Fidelity Fruit and Produce Company
Abithas
York
Msgs
St. Louis
Chicago
Marr
Policy Committee Uphheld by Miners in Referendum
Indianapolis April 2 United Mine Workers policy committee decision upheld in a referendum. Bituminous coal miners to work where possible pending new wage contracts, not suspend work as in prior years. Report adopted by 89 534 to 52076 votes. Plus note urging locals to pay assessments for Colorado strikers and condemning disturbances around Trinidad as a horrible crime. American drills widely used in India for deep artesian wells.
MENTIONED IN THIS ARTICLE
Indianapolis
United Mine Workers of American
Colorado
Trinidad
Congress
India
Group 4 bankers to meet in Columbus Georgia
Columbus Ga April 25 Special Group 4 Georgia Bankers association will meet in Columbus Monday with a program at the Country club. Business sessions and a luncheon are planned followed by a baseball game between Columbus and Albany. Group 4 covers 117 banks in southwest Georgia with A W Hale of Third National Bank of Columbus as chairman.
MENTIONED IN THIS ARTICLE
Columbus
Georgia Bankers’ Association
Country Club
Aibant
Georgia
A. W. Hale
Third National Bank of Columax
W. H. Young
John K. Hinde
H. @. Weathers
St Clair's Remains to Be Cremated in Lexington Track
Friends of George W St Clair have agreed to honor his dying wish by cremating his body and scattering the ashes over the Lexington driving track The body was shipped to a Cincinnati crematory today.
MENTIONED IN THIS ARTICLE
Lexington
George W. St. Clair
Yretery
Ory
Cincinnati
Market Dips Amid Mexican Tensions Split Trading
New York April 25 Further stock market unsettlement as Mexico's crisis and foreign selling clash with relief in U S stocks. Early losses eased toward close with many shares down a few points. Canadian Pacific Mexican Petroleum and Smelting fell about 10 points. bonds also weakened amid week’s declines.
MENTIONED IN THIS ARTICLE
New York
Mexico
London
Commission
Mie Clase
Canadian Pacific
Mexican Petroleum
St Paul
Harriman
Reading
Steel
United States
Panama
Paralysis Strikes Baer on the Streets
Philadelphia on April 20 George F Baer president of the Reading railway collapsed outdoors with a suspected stroke. Doctors said his condition is serious though details are scarce as railroad and financial circles react to the sudden illness. Baer, nearly 72, was seen staggering during his morning walk and treated at his home by his physician Dr Alfred Stengel and another doctor.
MENTIONED IN THIS ARTICLE
Philadelphia
George F Baer
Reading Railway
Alfred Stengel
Baers
Baer
Birs. Boer
Mr. Baer
Bond Issue Planned for Chattooga Roads
Lyelliy Ga April 23 Special The Chattoosa county board of roads and revenues considers issuing $50 000 in bonds to improve county thoroughfares A petition to call an election was presented and action was postponed until a special meeting next Saturday The proposed bond would fund construction of the Chattaoga mk of the Chattanooga Atlanta government highway and other needed road upgrades.
MENTIONED IN THIS ARTICLE
Chattanooga-Atlanta
Measure Amends Dam Laws to Spur Private Power
Washington April 25 The house interstate commerce committee reported a bill amending the dam laws to encourage private capital for new generation. It bars dam tract acquisitions by combinations or speaked trusts requires prior War Department approval of all plans. If states fail to regulate power rates federal authority falls to the Secretary of War.
MENTIONED IN THIS ARTICLE
Washington
House Interstate Commerce Committee
War Department
Secretary of War
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