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Newspaper

Atlanta Constitution

Location

Atlanta, Georgia, United States of America

Date

Feb 25, 1921

Page

3

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.

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.

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

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Liverpool

Also Mentioned on This Page

R. L. Barnum AGW Steamship Company Coca-Cola Ag foHows Traney Bae Rolters Dee Bate Steixers Atvone Eling Shine Pte Op Anna Hsin Spose Zine Camer Mast NEW York Stock Exchange American Car and Foundry H. & Hartford Amer Norfolk and Western American International Abbe Northern Pacific Alahoma Pan-American Petroleum American Lingeed American Bugs American Emeliog Sumatra Tobacco American Tels & Fe Ray Ike Reptogle Alantic Co Anaconda Tron & Stevene Ory Ty Louis Royal Guile & “West Baldwin Seaboard Air Line Yy Bane Haltimore Ohio Bendoord Air Line Zethichem Steel Bhelt Irons Trad Lan Geltio i Sinclair OU & Refining Central Leather Southern Pacific Blous-Brief Eisel & Iron Ee Chandler Motore Chesapeake Southern Ra 3I & SE Pau N. J enEa ESE. & Pac STE Studeb Talon Pacitla General Electrié Peti Great Northern Pfd U.S Gulf States Steel Kennecott Cowper Louisville Nighsville Weatinghouse Elena Han ‘Trate Sa He Willys-Overland Miami Copper General Asphalt News Aby Coe Middle States Midvale Curb Securities Industriata Carli Inter Anglo-Am Elk Basin Glenreck Guffey Bass Merritt Va Pro North Allyef Halt Creek Simms Pet Eeeeras Om Sane Nat Allied Packets Money Market Liberty Bonds Paris Enbrie & Caytember N.Y Ek Exchange Bank: of England Statement Sano Am Beth Motora Am Steel Fury Datte Superior Cot Graph Cora Tex Paciflo Wilson & To Bosy del, & Hudson Tai Rosig Top Pennsylvania Ganas Sk Toent The of England Cna Newts Ie St. Louis Besia Se Amuconienear Blue Bose Pollab Haters Totser Naval Stores Grebruary Wales Provisiago Nebruary Pere tome + Biber Swift & Co Catcage Swift NEW York Bonds Panama Content Leather Chesapeake & Chiago Ratga Font I. Pac Olorado & Southern Denver Hic Baneng Marine Os Missouri Pac Bal Norfolks& Western Northern Pacific Reading Republic St Bemis Southern Hallway Southern Railway Texas & Pacific Union Pacific United Kingdom Steel Ys Carolin ‘Chemical “És Wilson & Go. Ev National Bank Call American Exchange American Gatton and Grain Exchange NEW York Sports Poland Buia Rayton Mills Wi & B. Beer Taverpool Antekly Ita Jansness South National Allen Brazil Eicht Dava Virginia Daffodil Sandler Krwone Equitable Henry Ihannes ‘de Fdense Oavis Brothers London Daily News Merican Exchange National Bank Broadway New York City Kriebel la Salle St- Chicaén Constitution Meseere Joana Cotton Sagar Vv. M. Wonack JR Harper J.D. Banasey Womack Harper & Bansley Certified Public Accountants Ran-aia
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