Financiers Weigh War Plans and New Bank Move
New York February 14 Financiers watch war plans and a proposed International Acceptance Bank led by Paul M Warburg. Market early gains in sugar and oils faded into a narrow session as Palm Beach buyers supported Baldwin Copper and Mexican Petroleum. Warburg aims to finance foreign trade with privately held funds, contrasting with the Foreign Trade Financing Corporation.
MENTIONED IN THIS ARTICLE
Warburg
Pank
Wallstreet
New
International Acceptance Bank
Paul M. Warburg
Foreign
Foreign Trade Finanting Corporation
Warburg Institution
Hoover Urges Systematic Production and Cooperation
Syracuse February 4 Herbert Hoover told engineers that production must be streamlined through systematic labor distribution and cooperation among industries labor and government to lift productivity toward possible 160 percent while denying overproduction and stressing the need to convert luxuries into necessities and reduce wastes from unemployment and inefficiency.
MENTIONED IN THIS ARTICLE
Syracuse
N. Y
Herbert Hoover
American Engineering Council
Hoover
Federation of Engineering Societies
Itf
Curbs in New York and London Money Markets February Update
A patchwork of exchange rates and discount figures for currencies and bills in New York and London. It covers prime mercantile paper at 7 percent, various 60 and 90 day bills, demand and cables for francs marks guilders lire and other currencies, plus railroad and liberty bond quotes and gold prices.
MENTIONED IN THIS ARTICLE
New York
Banka
SKA
Norks
Greece
London Money
London
Local Market Clearings and Quotations Report
Market report from Atlanta area shows clearing figures and quotations for local commodities. Monday’s totals align with the same day of the previous week, with prices and stock levels noted for midsize stock categories.
MENTIONED IN THIS ARTICLE
Benk
Strength Gained By U S Banks In Mixed Stock Market
New York February 14 The week opened with broad strengthening in the banking position as shown by returns to the federal reserve board Yet the stock market moved with uncertainty and mixed reaction The transportation issue remained weak with lower railroad tonnage while grain prices rose lifting some Western and Southwestern crops sentiment but offset by wage cuts suspended dividends and dulled investment demand The market saw gains in Mexican petroleum Baldwin Locomotive Studebaker and Atlantic Gulf capped by a strong close United States Steel and Reading were notable The money market held seven percent call loans on exchange with easing private offers Foreign remittances improved overall with Scandinavian rates lagging Bonds showed irregularities and heavy trading limited total par value 12650000
MENTIONED IN THIS ARTICLE
FR. E. Barnum
New York
Palm Beach
Baldwin Crucible
Mexican Petroleum
Standard of
Standard OH
Sinclair
Standard
Missouri Pacific
New York Central
J. H. & Harti
Norfolk and Western
Amer
Hide & Leather
Northern Pacific
Anemiega International Corp
Oklahoma
Pan-American Petroleum
American Tel
el. Ae
Ae Atchison
Anaconda
Republic Irdnans
Atlantic Cosal Line
Royal Dutch
Atlantic
Gulf and
Indien
T, Louis
San Fracci
Baldwin Olive
Seaboard Air Line
Baltimore
Ohto
Seaboard Air
Bethlehem Steel
Shell Trans
Tread
Anadian Pacific
Ube
Sinclair Ol
Central Leather
BA Sloss
Sheffield Steel
Chandler Motors
Southern Pacific
Chesapeake and Ohio
Southern Railway
Southern Mullywa
Chicago, Milwaukee and
St. Paula
Ork Island & Pacific
Chino
Studebaker Corporation
Cora Coin
Texas Tennessee Copper
Golorado Fuel and Iron
Texan and Pacific Money
Ophy
General Motors
U.S
Great Northern
Ats
United States Rubber
Gulf States Steel Biss Ory
United States Steel
Tinos Central
Enited States Steel
Ptd
Inspiration Copper
Bay
Utah
Merchant Marine
Vanadium Corp
Hig International Nickel
Virginia-Carolina ‘Chemical
Western Union
Kennecott
Avestinghouse
Fauisie
Ar Ora
Middle States
Sintectbie
Midvale Steel
Federal Reserve Board
Shorts
Astroleum
Baldwin Locomotive
Studebaker
Atlantic Gulf
Reading
Demand for corn boosts all grain ahead of export runs
Chicago on February 14 reports a broad rise in grain as corn demand drives wheat and oats higher. Wheat gains amid strong corn values with May and March futures up, while corn climbs 2 to 3 cents and hog prices lift provisions. Cash grain and nearby futures show multiple price points across wheat, corn, oats, and barley, with reporters noting limited country offerings and transportation constraints.
MENTIONED IN THIS ARTICLE
Chicago
Opinnong
Illnois
Revival of Cotton Goods Business Shown in Report
Washington reports the January census cotton consumption shows a rise of 7L 419 bales from December lows totaling 294 851 bales. Six month totals show a decline of about 800000 bales from last year with lint and linters usage, hand stock, and imports varying across consuming establishments and storage.
MENTIONED IN THIS ARTICLE
Washington
Census Bureau
Turpentine Prices Slump in Savannah Market
Turpentine fell sharply in Savannah with a 42 1 2 cent drop per gallon as 467 casks sold today. Spirits traded at 92 1/2 percent, last seen in November. Rosin held at $11 with no sales as the market shows active readjustment after a fall.
MENTIONED IN THIS ARTICLE
Savannah
Rosin
Segregation Plan Of Reading Company Filed With Court
The Reading company filed its proposed segregation plan with the federal district court in Philadelphia on February 14. The plan would have the coal company absorb 25 million in 4 percent mortgage bonds and 10 million in cash or equivalent assets, while Reading assumes the 96.524 million general mortgage. The government suggested revisions and a March 1 hearing date was set for both sides.
MENTIONED IN THIS ARTICLE
Philadelphia
Reading Company
Federal District Court
Reading Coal and Iron Company
Coal Company
Standard Oil Cuts Gasoline Price In New York
The Standard Oil Company of New York cut gasoline by two cents per gallon, lowering wholesale to 28 cents. Kerosene declined one cent, wholesale at 17 cents. In Pittsburg, the Pureman agencies announced crude oil cuts with Corning dropping 45 cents per barrel to 2.54 and Cabell reduced to 2.46.
MENTIONED IN THIS ARTICLE
Standard
New York
Corning
Federal Reserve Banks
Standard Oil Company of
Pittsburg
Cotton Seed Oil Market Movement In New York
New York February 1. Prices for cotton seed oil rose about 20 points on covering in grains and hog products. Oil settled back under hedge selling and realized gains, closing 1 to 9 points higher. Sales totaled 15,200 barrels with prime summer yellow spot noted. Details include 7,254 Narena Mey and 839 July 4,09 BL.
MENTIONED IN THIS ARTICLE
New York
Corti
Prima Cruz
Narena Mey
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Segregation Plan of Reading Company
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