Gossip of Wall Street On Money and Failures
New York February 12. Gossip of Wall Street notes that after months of fear and forecasts of retail and industrial failures, money conditions eased briefly in January with call loans down to 4 percent before reversing. The piece analyzes bank liquidity, Goodyear Tire and Rubber’s finances, automotive industry hopes, and the broader recovery seen in many sectors despite ongoing price cuts and credit strains.
Ball Market Slated For a Small March Bull Run
BY C. H. PLATT New York February 12 Special The professional element at the week’s start tried to induce a liquidation of stocks but only caused stagnation and declines in proportion to short selling. Shorts covered, money market improved, and many stocks rose briefly while bull markets remain uncertain. Near-term bear pressure may renew with lower levels possible than in 1921, unless unexpected bad news emerges. Analysts foresee improvement toward month end with a possible small bull move in March, though not strongly established yet. The market shows wide quotation ranges and reduced float in several active stocks, a sign of a sold-out market with limited offerings. Large speculative buying could push prices higher, but current dullness and tight money restrained demand before the renewed covering.
MENTIONED IN THIS ARTICLE
New York
Wall
Wall Street
C. H. Platt
Shorts
Bears
Regular Statement Local Bank Reserve and Market Data
The regular weekly statement of resources from the federal reserve bank of Atlanta shows gold reserves, legal tender notes, and government bonds totaling assets of 148,092,01L with liabilities including capital, deposits, and government credits. The report lists bank reserves, foreign custody gold, and various uncollected items, noting total gross deposits at 208,503.10 and FR bank notes in circulation along with other liabilities. The accompanying market notes cover cattle, hogs, and sheep receipts and prices from Louisville and Cincinnati regions, detailing gains and declines across beef, veal, lamb, and feeder categories, with regional price ranges and weekly trends.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of Atlanta
F. Wi
Cretilta
Elrenla- Hor
Holiday Markets Close With Lincoln Birthday Observance
Dry goods markets in New York report weakness in gray goods and sheeting amid a weak cotton market. Forced sales of stock goods press prices, print cloths near low points, and a new cotton duck list reduces prices. Retailers buy in small lots for quick shipment as wash goods and conversion markets show modest activity.
MENTIONED IN THIS ARTICLE
New York
Prices for Various Fabrics and Standards
The note lists current prices and availability for small lot deliveries including 28 inch items, 64x64, 64x60s, 534, 382 inch, 644648, 8 I-4c brown shellings standards, 12c ticking 8-ounce, 20c denims, 7.208 indigo, 17c staple emphams, 131 2c prints, 11c dress ginghams, and 15c and 17c.
MENTIONED IN THIS ARTICLE
Prines
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R. L. Barnum
Goodyear Tira and Rubber Company
Goodrich Tire and Rubber
BOF
Goodrich
Comany
Goodyear Tire and Rubber
England
France
Japan
Federal Reserve Bank
Germany
Asl
Cotton and Metals
Steel Corporation
Edward O' Peters
James W English
Mno
K.otley
Atlanta Savings Bank
Geo. L. Ward
Investment Department
Fourth National Bank
Atlanta
Loulaville
Onattic
Atendy
East St. Louis
Les Bank
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Uer
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Zork Gatton Exchange
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Zen Forkaffes and Sugar Exchange, Inc
Hicago Board of Trade
Liverpool Cotton Association
Granch
Gravier Bu
Baronne Bt
Mer
Mangins
Jim Ebiin
Newt
Entin
Broad ST
American Cotton & G
American C & G Clearing Assa
Atlanta Commercial Exchange
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Jim Ebling
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Adani
America
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Bulletin Bldg
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MEMS
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New York Produce Exchange
New York Coffee & Luxor Exchange
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Laivereool
ALL
Fortin Exchange
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la Salle
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Hanover Square
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Arbana
Ac EA
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