Cotton Market Drops to New Lows as Trade Slumps
The New York cotton market failed to recapture yesterday’s gains and slid to new lows amid unsettled conditions and stock losses. October touched 20.80 before closing at 20.90, with the overall list down 130 to 140 points. New Orleans and Liverpool followed the downtrend as labor troubles, high living costs, and export credit delays weighed on sentiment.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Ighor
New Orleans
Ocean
Bates
Germany
Basia
Georgia
Joan
Eli Akinned Homme
York
Wescrace
Pannsevnes Boac
Haska
Court of Appeals of Ga Judgment Affirmed in Penile v Pata AGnine
The Court of Appeals of Georgia affirmed the judgment in the Penile versus Pata AGnine case from Bartow. Justice Larrer and Judge Rowe presided with counsel Conger for the plaintiff. The opinion notes errors asserted and resolves the appeal against the appellee.
MENTIONED IN THIS ARTICLE
Penile
Pata Agnine Company
Bartow Sober
Court
Judke ‘Larrer. A. WW
Vo Conger
Melia
Professional views on cotton market turmoil and forecasts
The New York market faced ongoing pressure as hedging spread, with labor unrest and potential U S President Wilson's congress speech cited as adding to confusion. New Orleans notes describe heavy selling, bearish sentiment, and lack of spot demand amid favorable weather reports. Coffee futures opened steady to higher but weakened as liquidation pressures grew, with brisk stock-market spillover and ongoing demand concerns.
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New York
Wilson
Congress
Wall Street
A. W. Jay & CO
New Orleans
North Central
Northwesterp
Weldon
Florence
Texas
Duggan & Boyden
Market for Corn Rises and Falls Amid Rail Strike Turmoil
Chicago August 7 market notes show corn range pressured by railroad strikes delaying arrivals, with later reversal from a federal trade commission report that food supplies exceed last year. September corn at 1.36 to 1.86, December 1.50, oats steady to down, provisions weaker, and varied receipts across centers including St Louis and East St Louis with cattle, hogs, and lambs prices listed.
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Chicago
Railroan
Federal Trade Commission
Atlanta Markets and Quotations for Cattle and Hogs
Live stock prices reflect tolling rates for fed cattle with Good to prime steers at 9.50 to 10.50 per hundredweight and medium to good cows around 7.60. Inferior and range cattle list lower prices. hogs show light demand with pigs around 80 to 100 pounds fetched five to six dollars.
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Chicago
Atgusca
Belgat
Isors
Belfoera
Teceipte
Atlanta
W. H. White
White Provision Co
U. & Foot Administration
Chetco Hoelfers
al Tau
Hedin
Tesla
Georgia Markets Corn and Livestock Boost Farmers Statewide
Editorial notes Georgia journalism praising corn and livestock gains. State Bureau of Markets prices show whites and yellows, potatoes, cabbage, peas, beans, eggs, butter, syrup and sorghum. forecast aims for Georgia to become leading livestock state within five years.
MENTIONED IN THIS ARTICLE
State Bureau of Markets
Atlanta Constitution
Georgia
Oss
Stats Bureau of Markets
Stats Capital
Atlante
Atlanta
Augusta
Beacon
Savannar
City bonds and European finance dominate market notes
Financial notices highlight a $15 million Copenhagen bond issue at 3 percent and accrued interest, a 25 year term to 1944, plus distributions on Cities Service bankers shares set for September. Empire Gas and Fuel notes and stock certificates are announced while Sabin warns Europe’s crisis demands swift US action to sustain domestic prosperity.
MENTIONED IN THIS ARTICLE
City of
Municipal Borrowing for July Reported by Bond Buyer
July saw vigorous municipal borrowing with long term loans totaling 69,696,480 arranged through bond houses and banks. Year to date bond sales reached 378,122,022, far above 2014 levels, indicating heavy nationwide borrowing as cities plan public works and future projects.
MENTIONED IN THIS ARTICLE
Uqual
New York Bonds in Purist Market Report
Market notes show traders in New York adjusting bond prices amid mixed demand. Analysts cite gas, metals, and local area factors influencing yields as investors seek safe assets. Additional details appear in late afternoon trading led by institutional players, with several large bids noted around regional hubs.
Stocks Crumble In Late Trading On Tumbling Session
New York August 7 prices in the stock market crumbled in the furious final hour of trading today. The declines were severe for many months as speculative interests shifted outlooks while conservative investors believed railroads and Washington trends would unsettle commerce. The late selling wiped out early gains across steels, equipment and other shares, with boardroom rumors of federal action against profiteers weighing on sentiment. Trading was demoralized at the close as losses extended and bonds moved with value on call.
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New York
Mara Hket
Fes
Washington
Wilson
Congress
United Offerings
Fred Hamlin addresses Atlanta Ad Club luncheon
About 200 Atlanta Ad Men heard Fred E. Hamlin executive secretary of the convention committee of the Associated Advertising Clubs of the World say labor and capital can be largely adjusted by proper advertising. He outlined plans for the September 21 29 New Orleans convention with speeches by Samuel Gompers and William Howard Taft. Public backstage details included a tableau on New Orleans history and a lively turnout of local business leaders.
MENTIONED IN THIS ARTICLE
Atlanta
Ad Men’s Club
Kiriball House
Fred E. Hamlin
Associated Advertising Clubs of the World
New Orleans
Samuel Gompers
American Federation of Labor
Mir. Hamlin
William Howard Taft
Taft
Ham-an
D. W. Webb
Avlanta Gardeners Realize Large Profits in School Program
Miss May Hardin, Atlanta city school garden director, reports that home gardening by school children yielded 52,150 last year and is expected to exceed 62,150 this year. Under her supervision, more than 10,000 gardens were tended, with last year showing 7,540 gardens and a projected rise of over 2,000. Miss Hardin will attend Peabody College in Nashville for a gardening course and return by September 1 to continue the program. The curriculum covers drainage soils fertilization seed beds and practical gardening throughout fall winter and spring, with vegetables studied in spring after school closes.
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Avlanta
May Hersdin
Miss Hardin
Misa Hardin
D. A. Russell
Peabody i College
Nashville
Tenn
Atlanta
Barnwell Seeks School Improvements For Atlanta Ward Nine
Barnwell, candidate from the ninth ward, advocates extensive improvements to Atlanta’s school system including new buildings and higher teacher pay. He calls for harmony between the city council and the board of education and says a modern, well ventilated school system is essential for future growth, noting the girls’ high school needs expansion.
MENTIONED IN THIS ARTICLE
C . Barnwell
Comel
Ninth Ward
Board of Education
Atlanta
Major Marve Seeks Army Discharge and Return to Atlanta
Major P Thornton Marve, a prominent Atlanta architect, is on leave after serving in France Italy and Germany with the AEF. He expects discharge on the 16th and plans to resume his practice in Atlanta. He previously supervised construction of ordnance depots including Raritan Curtis Bay and others totaling about 20 million dollars.
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P. Thornton Marve
Atlanta
A. EB
France
Italy
Germany
Marve
South
Raritan
Curtis Bay
AELF
Canal Project Before State of Georgia Canal
Washington, Aug 7. Senator Harris of Georgia introduced a resolution directing the secretary of commerce and inland waterways officials to furnish data on the St Mary's river canal from St Marys Ga to the Gulf of Mexico. The plan, long discussed in Georgia, would link Atlantic and Gulf shipping via a thirty foot deep canal through Georgia and Florida.
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J. H. Benton
Washington
St Mary's
St. Mary’s
Goa
Freesida
Gulf of Mexico
Willie J. Harris
Georgia
Tom-E Merce
Inland Waterways
Isiiroid Administration
Gena
Senate Committee On Interstate and Foreign Commerce
Harrison
Aris St. Mary's
Atlantic
Florite Tek
Gulf
Atlantic Ocean
Senate
Railroad Administration
Ae Mary's
Gulf of Mexd
Ieo
Florida
Ingindss
Roosevelt Memorial Leaders to Convene in Georgia
Regional campaign manager for the Atlanta region of the Roosevelt Memorial association arrives as plans unfold for a mass meeting at Piedmont hotel. Key figures include General Luke Wright of Tennessee and G. C. McClure of Georgia with General Leonard Wood in attendance. A state appointments slate and interstate party mobilization are outlined ahead of a trip to Roswell to visit Bulloch home, once owned by Theodore Roosevelt’s mother.
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Mogn
Atlanta
Roosevelt Memorial Association
Bel
Frank
Roya Hae Neemetary
Georgia
Ering
Beven Sou Astern
Luke Wright
Tennessee
Lakey Peray
Saneeset
J.ard
North Carolinas
Alabama
G. C. Dail
Florida
C. W. McClura
Piedmont Hotel
Genereral Leonard Wood
Nationals
William Boyce
Thomosa
McClure
Reynolds
Roswell
Bulloch
Roosevelt
Lift embargo on German potash at once
Washington announces the war embargo on German potash will be lifted on and after August 7 1929. Potash may be imported freely from except Hungary and parts of Russia under Bolshevik authority. Customs collectors and American consuls abroad told no certificates needed. The move aims to permit U S farmers access to about 600000 tons of German potash amid warnings from farm groups about eligibility and potential costs.
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Gonstitution
Philadelnbia Poba Gervich
Washington
Etfter Department
Hungary
Russia
Ishevik
Germany
War Trads Board
Stats Departsment
Vance McCormick
McCormick
Natio 1 Jonai Board
Sol
America
Mount Baker Disabled at Sea Causes Radio SOS Calls
Halifax Nova Scotia August 7 An American motor ship Mount Baker en route from New York to Liverpool is disabled at sea and flashing radio calls for assistance. The Marine Intelligence Officer reports the vessel issues a distress signal as it drifts.
MENTIONED IN THIS ARTICLE
Halifax
N.S
New York
Liverpool
Marine Intelligence
Lightning kills farmer in Cleveland Tennessee incident
Marlon Prince, a well known farmer, was killed by a lightning strike in Cleveland Tennessee in August. His nephew Tom Travana was seriously injured as they stood on a hay load, Prince falling and breaking his neck while Travana began recovery efforts.
MENTIONED IN THIS ARTICLE
Cleveland
Tenn
Marlon Prince
Tom ‘Travana
Prince
Tray ¥Ana
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Walton Natiooal Bank Pale Pepetition Cotton Amill
Phoenix Cot. m Oil Co
Cot. Mills
Empire Cotton A Co
Fourth National
Ieer
Elec
Power
Power Gon
Tt. TR & Banking Co
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