Break in Stock Deadlock Almost Recorded Tuesday
New York February 15 report on stock market action shows twenty industrials averaging 76.41 near the year’s high but failing to surpass it as Reading led a late downturn. Foreign exchange gains lift sterling to high levels since last July amid hopes for long term export financing. News notes include Baldwin Locomotive earnings, Gaston Williams capital plans, Sinclair note activity, Federal Sugar withdrawal, and coal and oil price shifts.
MENTIONED IN THIS ARTICLE
New York
Reading
Sterling
Baldwin
Wall Street
Baldwin Locomotive
Gaston, Williams & Wigmore Co
Pet Import and Export Company
Guaranty Trust
Lsted
Stock Exchange
Standard Oil
Sinclair Western Pipe
Sinclair
Federal
Arbuckles
Coal Company
New Reading Coal Company
Pennsylvania
Live Stock Prices in East St Louis Auction Notes
Cattle receipts 3,500 steady to 15c higher. top 8740. Cows and heifers steady. bulk cows 550 to 575. Calves top 11.75. bulk 11.00. Hogs receipts 13,300 higher than Monday. top 10.59. lights and mediums 9.50 to 10.25. sows 28c higher. Sheep receipts 1,200 active and steady. top around 8.75. London money and discount notes listed.
MENTIONED IN THIS ARTICLE
East St. Louis
Tly Et
Aseral BO
Reading Teams Cause Pressure Reading Teams Cause Pressure
New York stock market showed heavy pressure against Reading issues with common stock down sharply and preferreds also lower. Trading totaled about 636000 shares as gains and losses mixed, while call loans rose to seven percent amid liquidity concerns and British exchange strength spurred rate speculation.
MENTIONED IN THIS ARTICLE
New York
Southern Pacific
Shorts
North Dakota
London
Interesm
Reading General
Market Rates and Currency Quotes From New York and Chicago
New York market notes show prime mercantile paper at 7 percent and various discount and demand rates for foreign currencies including Belgium and Greece. Cable and inland quotes, plus government and railroad securities, appear with mixed 60 day and six month terms. Swift & Co. report from Chicago dates February 15.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterlin
Goda Dilla
Fire
Oho
Greece
Argentin
Brasilian
Montreal
Grain Prices Rally as Wheat Leads Market
Chicago reports a broad advance in grain prices on February 15 as wheat strengthens on fears of winter crop damage. March and May wheat set top values, corn and oats rise with export demand and hog price gains lifting provisions. Chicago quotations show steady gains across markets while Texas pest reports and dry weather worries push prices higher.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Texas
Cotton Market Advances In New York And Liverpool Boosts
On February 15 New York cotton rose with May at 14.50, 61 points higher, and the market closed firmer. Reports of improved Liverpool conditions and tighter global supply supported gains, while July touched 14.83 before slight for profit-taking. Port receipts reached 18,033 with U.S. stocks at 1,409,833 and exports at 15,725 for the season. Spot in New York steady at 14.20.
MENTIONED IN THIS ARTICLE
Tenlederal
Coulod
Panama
Trontic Coast Line
Baltimore & Ohio
Bethlehem: Steel
Gentral of Georgia
Consola
Big Central Leather
Ohio
Chicago
B. Gainey
Paria
Colorado
South
Denver & Rio
Granda
Marine
Hilnole
Gentral
Hoonana City
Houthern
Liggett & Myers
Louisville
Sashville
Missouri, Kan
Texaa
Missouri Pacific
New York Central
Sig
Norfolk & Western Cy
Northern Pacifc
Fencestran Te Ee
Tering Geo
Roepubie Tran
St. Wis & Son Tran
Ad. Ds
Seaboard Air Line
Adj. Ba
Southern Fen
Southern Pacific cv. Gs
Southern Railway
Texas & Taelfic
Union Prcific
United Kingdom
Virginia-Criolina Ci
Wilson & Co
Imbrie & Co
Hembers N
Giese
Hide and Rer
Butte Superior
Chile
Graph. Com
Endicott-Johnson
Harvester
Kelly-Spring
Vee Ag
Keystone T
Anglo-Am
SDI AG
I. Ee
Geries
Sinclair
Bo. West
Tel
Western Elec
Sey
New York
Liverpool
Bureau of Mareta
Manchester
Sterling Exchange
Wall Street
United States
Professional Views On Cotton Situation
New York February 15 Special liverpook better this morning on short covering. Market steady early. Manchester reports better demand for spots and rising prices as a result of dispatches and a March against distant month sales. Indian crop overestimated by a million bales, prompting further advance. Trade cautious on potential offset by unfavorable news. Hubbard Bros. & Co notes steady undertone but no heavy trade buying. Jd. W. & Co. observes carryover revised to 1.5 million bales. some North Garding mills may close due to lack of orders. Liverpool cotton spot improves with Good middling 9.56 and middling 8.21.
MENTIONED IN THIS ARTICLE
New York
Liverpook
Liverpool
Manchster
Hubbard Bros. & CO
Markuty
Jd. W. Jay
Market Strong at New Orleans Cotton Prices Rise
New Orleans February 15. The cotton market advanced from the open with strong demand and higher futures. Active months climbed 58 to 59 points over yesterday’s close, closing around 61 to 55 points. March traded up to 13.82 and settled at 13.79 amid favorable cables from Liverpool and improved English market signals. Spot cotton remained steady with a 25 point gain, 1,585 bales sold, receipts 23,305 and stocks 17,672.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Madchester
Washington
Conreas
Texas
March Shorts
March
Orleans
City and port cotton market movements report
New Orleans and multiple ports show mixed middling prices around 18 to 18.75 cents with varying receipts and stock levels. Houston and Atlanta report middling near 18.25 to 28.50 cents, with weekly totals and export figures noted for several markets.
MENTIONED IN THIS ARTICLE
New Orleans
Galveston
Savannah
Cheriestin
Iivington
Gyeed
City
Stock
Rowton
Alice
Recelpta
Gies
Itimore
Philadelphia
Tock
Ant ‘York
Houston
Augnata
Igues
Atlanta
Little Rock
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BY R. L. Barnum
NEW York Stock Exchange
York Central
Clee
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Dave Deiblehem Steel
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The
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Locklet-Pree
Moss & Ferguson
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Exchange
Chicago Board of Trade
Pebruney
Moreh
Aaron Setosen
de Vermber
Spurlapa
Om Calcutts
Kate Trerp
J.w.jay & CG. Cotton Merchants
Neat
Ik Cotton ‘Association
Uibsral
Attelis
No. NC
Curb Market Securities
Equitable
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Telephone
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Orvis. BroThers & Co
Broadway
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Laurens County, GA
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J. H. Hillman & CO