Trading Still on a Restricted Stock Market
New York February 24 trading in today’s stock market was on a restricted scale with prices lower. Many issues including Sears Roebuck Kelly Springfield United States Rubber Utah American Cotton Oil and several tobaccos motors oil and shipping shares weakened amid uncertain dividend policies. Rails held steady as professionals dominate with little outside buying and sharp selling. Ajax Rubber cut the quarterly dividend to 1.00 amid poor 1920 earnings. Sears Roebuck faced a sharp drop amid reports of February sales far below last year. Idle freight cars rise as industry stagnates. United States Steel stockholders exceed 100000 as shares per holder rise to about 50 shares on average.
MENTIONED IN THIS ARTICLE
New York
Sears Roebuck
Kelly Springfield
United States Rubber
Utah
American
Ajax Rubber Company
Financial District
Chicago
Wall Street
United States
United States Steel Corporation
President of AGW called by Banton in raid probe
New York February 24 Alexander P Nicol president of the Atlantic Gulf and West India Steamship company was ordered summoned to appear tomorrow before Assistant District Attorney Banton in an inquiry into a report of a conspiracy to raid AGW Losses of 100000000 are said to have resulted from the raids A directors meeting on the regular quarterly preferred dividend was adjourned for a week for lack of a quorum.
MENTIONED IN THIS ARTICLE
New York
Alexander P. Nicol
Atlantic, Gulf and West Indica Steamship Company
Banton
Bears
A. G.w. Rn
Coca Cola issues amplified financial statement response
Amid criticisms by New York papers over vagueness in its recent financial notes Coca Cola issues an amplified statement led by President C H Candler The new report presents detailed figures including assets liabilities and inventories aimed at correcting the prior impression of the company’s standing The note stresses the original brief report was not a full detailed statement and asserts criticism is unfounded
MENTIONED IN THIS ARTICLE
New York
Coca-Cola Company
C. H. Candler
Tash
Ecteenucwann
Beausceenseeds
Gotion
Bela Qim Ehin
Newt C. Eblin
Eblin & Company
Broad ST
American Cotton & G Exchange
American C & G Clearing Assn
Atlanta Commercial Exchange
Mercantile
Georgia
Jim Eblin
Spat
Feachtrep Arcade
Coca Cola shows net earnings of 205700 for January
A new profit and loss statement for Coca Cola reports net earnings of 205 700 for January after taxes and charges. The report notes 156 000 in advertising expenses with only 87 400 actually spent, while a pro rata annual budget is charged each month.
MENTIONED IN THIS ARTICLE
Wolf & Co. Accountants
Chicago
Candler
Coca-Cola Company
Live Stock Prices and Market Notes From London and New York
London and New York markets show mixed receipts and prices across livestock, metals, and currency. Receipts total around 3,000 head with higher bids on some beef cattle and veal. London bullion and exchange rates show bar silver at 32 1/2 to the ounce and other values fluctuating by market.
Stocks Nervous And Unsettled On Downward Market
New York February 24 The stock market opened nervous and unsettled amid a fair active session that accelerated the downward trend. A large Pittsburg area independent steel producer ordered a 20 percent wage cut effective March 1, fueling market talk of further price reductions. Ajax Rubber suspended its quarterly dividend, intensifying weakness in rubber issues and related stocks. Chemical and fertilizer shares reflected continued adverse industry news, reinforcing pressure from professional investors. Steels equipment shippings motors and copper, food and tobacco shares fell, while rail stocks held relatively steady. Leading fund issues dropped 1 to 6 points. rails steady. Call money remained at 7 percent. time funds available modestly for short dates. London exchange eased as did continental remittances. Liberty Lira dropped below 51 in the irregular bond market. many domestic and foreign issues declined. Total sales amounted to 585000 shares, par value 10175000.
MENTIONED IN THIS ARTICLE
New York
Manu ‘Eos Turere
Pittsburg
Get
Stock Exchange
Ajax Rubber
Gharca
Steele
Ofis
Exchange of London
Money Market Roundup From New York February 24
The report lists prime mercantile paper at 74.2 percent, heavy exchange, 60 day bank bills at 3.80 percent, and 60 day commercial bills also at 3.80 percent. It notes various currencies with demand and cable rates including francs, guilders, lire, marks, and Brazilian reais, plus notes on Montreal and bank acceptances at 7 percent level.
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New York
Montreal
Liberty Bonds. New York February 4 Etat update
Old clipping reports Liberty Bonds and bond rates with scattered figures. It notes 3 percent and mentions oats and eggs pricing alongside foreign or domestic bond terms. Names and places are fragmented, but reference to New York and victory bonds remains.
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New York
Oro Garth Pis
Baia Micherv
Utad
Victory
Bears Rule Grain Market Thrusday in Chicago
Bearish pressure in the wheat market led by labor unrest and finance signals. Prices closed lower with March around 1.67 and May near 1.57, oats and corn also down. reports cited labor injunctions and weak business outlook as the main factors. Chicago and St. Louis commodity notes reflect fall in wheat, corn, oats, and provisions with varied bids.
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Chicago
Bearg
Gorn
Washington
Lsabor
Federal Reserve Bank
Dallas
Texas
Minneapolis
Canada
Italy
Germany
Bank Clearings And Quotations Of Local Market
New York February 24 The local market for sugar was firm with prices hovering around 4 4 ½ cents for cube sugar cost and freight equal to 6.1 cents for centrifugal Refined sugar saw a 25 point advance by three refiners to 7.35 for fine granulated with all refiners at that level except one withdrawn from the market A log good airy potting in sugar futures was quiet while the goat market confusion persisted March closed at 5 May 6 25 July 5 45 September
MENTIONED IN THIS ARTICLE
New York
Jon
Atlanta Quotations Spot Cotton Market
Atlanta quotations show a mixed to steady tone for spot cotton and related commodities with notes on rice sacks and various cotton products. Market mention includes New Orleans shipments, Savannah receipts, ship sets, and price points across multiple grades and goods.
MENTIONED IN THIS ARTICLE
Atlanta
Coffee futures and receipts in New York market
Coffee futures for March saw 150,000 bags offered but liquidations by sellers of later months absorbed demand. Spot coffee quiet with Santos shipments to New Orleans and Brazilian port receipts totaling 38,000, Jundiahy 20,000. Dry goods prices steady with branded linens and wool goods strong in export trades.
MENTIONED IN THIS ARTICLE
New York
Santos
New Orleans
Brasilian
Eccaipts
Ieach
Cotton Seed Oil Market Mixed in New York Trade
In New York trading, March unloads and delivery schedules were unsettled as prices softened. Crude oil markets showed declines of 14 to 24 points while spot activity remained active with 26 300 tons reported for March contracts, conveying a cautious market mood.
MENTIONED IN THIS ARTICLE
New York
Aheng
Bfarch
Dons
Hubbard Bros. & Co
Hanover Square
New Yorkers
New York Cotton Exchange
New Orleans
New York Produce Exchange
Wembare Liverpool Cotton
Amio
National Bank Call Issued by Comptroller in February
Washington February 24 the comptroller of the currency today issued a call for the condition of all national banks at the close of business on Monday February 22 authorities said the report covers assets liabilities and condition of each bank nationwide.
MENTIONED IN THIS ARTICLE
Washington
Comptroller of the Currency
Cotton Markets Show Weak Prices Amid Low Records
The New Orleans cotton market reports extremely weak trading with low records touched and prices fluctuating. Market notes indicate steady close at Prat with mixed quotes around 12.60 to 14.80 as figures shift throughout the session.
MENTIONED IN THIS ARTICLE
New Orleans
Lowlord Cloge
Nets
Eas Haan
Laa
Cotton market sinks amid weak New York trading
New York notes a very weak unsettled cotton market on February 24 with May delivery slipping from 13.42 to 12.76 and closing near the day's low, amid weak Manchester reports and fears of increased old crop liquidation, while exports total 3,289,386 bales for the season and port stocks rise to 1,450,276.
MENTIONED IN THIS ARTICLE
New York
Manchester
Mera
Liverpool
London
Bar Ailger
Wall Street
United States
Cotton Prices Tie Low as Market Sees Bearish News
New Orleans February 24 cotton prices fell throughout the session with March at 12.03 and closing losses of 65 to 37 points. Bearish rumors from interior centers and banks pressuring mills to liquidate loans drove the decline, while some profit-taking by short sellers supported demand. Spot prices showed further weakness as receipts increased and stocks remained reported.
MENTIONED IN THIS ARTICLE
New York
England
South Carolina
Federal Reserve Bank of
Dallas
Texas
J. W. Tay
New Orleans
Seasion
Liverpool
London
Atlantic
Professional views on cotton situation in New Orleans
Readable fragments report mixed signals on cotton outlook as Europe’s political scene unsettles markets, foreign exchange eases, and London values drift lower. Notes delays and reparation talks, plus potential spring movement by ships to Brazil using a new drying process to remove odors.
MENTIONED IN THIS ARTICLE
New Orleans
Petraayy
London
Turkey
Cotton Statement Port Movement And Interior Totals
Cotton market summary reports middling prices at New Orleans Galveston Savannah Norfolk Baltimore Boston New York and other ports with receipts exports stocks and shipments. Totals for today week and season cited with interior movement through Houston Memphis Augusta Atlanta Dallam Little Rock and Athens amid mixed regional activity and varying stock levels.
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New Orleans
Galveston
Savannah
Norfolk
Tagine
Ciles
Baltimore
Boston
Mitching
Pet
York
Otal
Houston
Memphis
Atbelly
Augusta
Abipmentz
Ules
Stoctt
Atlanta
Little Rock
Liverpool Cotton Prices Fall on February Trading Day
Liverpool Cotton reports softer tones with lower bids across grades. Good middling 893, fully middling 8.93, middling 748, low middling 23, good ordinary 48, ordinary 3. Seles 8,000 bales, including 2,200 American receipts, 5,000 bales non-American. Futures closed weak with February, March 7.58, May 7.92, July 8.40, October 8.40, December 0.04 declines.
MENTIONED IN THIS ARTICLE
Liverpool
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