Wall Street Focus on Steel Prices and Market Moves
Wall Street activity centers on steel price expectations as United States Steel and industry leaders hold conferences amid rumors of price cuts. Traders watch Sears Roebuck’s inventory impact and underwriter positions while banks face looming loan maturities. The market weighs Gary’s stance on wage-linked price cuts and the potential for a short sale amid a price war. The Harper’s piece on economic ties to Europe and a tobacco company report add context to earnings and market sentiment.
MENTIONED IN THIS ARTICLE
Ree Pete Ee
Wall Street
Sears-Roebuck Company
United States Steel Corporation
Gary
United Steel Corporation
New York
American Steel and Iron Institute
Steel Corporation
Wallstreet
Thomas W. Lamont
J. P. Morgan & Co
Harper's Magazine
America
Europe
American-Sumatra Tobacco Company
Bank Clearings And Quotations Of Local Markets
Bank clearings and quotations of local markets are listed with figures such as 3 7,047,350 and 11,888,207-19 for eevee and 4,040,840,75 721, 874,12 8,449,261,88. Friday reports show bank clearings and same day last year comparisons.
Atlanta Cotton Seed Quotation Ledger and Provisions
A cluttered market page lists Atlanta quotations for cotton seed products, meal, linters, and related feeds with price ranges and lot descriptions. It also shows an Atlanta provision market section corrected by White Provision Co, including various meats, butter, vegetables, fruit, and staples with unit prices and weights, reflecting daily city pricing.
MENTIONED IN THIS ARTICLE
Puvce
State Drreay
Star
Capitol
Atlanta
Epa
White Provision Co
Atiacta
Bama
Kornfeld Alento
Praminoihtb
Ian
Biyle Trl
Tlerca
Heseles
S. Helen
Featur Myerd
Shrinkage Shown In American Export Trade in January
Washington February 25 A department of commerce report shows January shrinkage of 60 000 000 in American export trade. Imports for the month fell 55 000 000 from December, while exports totaled 55 000 000 versus 722 000 000 in January 1920. Imports last month were 209 000 000, down from 274 000 000 a year earlier, the lowest since February 1918. The US trade balance for January was 446 ATLANTA LIVE STOCK MARKET corrected prices for cattle, hogs, and by products reflect wholesale rates, with ranges for good to choice grades and various stock types. Wholesale candy prices and quantities are listed, along with groceries and oysters.
MENTIONED IN THIS ARTICLE
Washington
Department of Commerce
Jahunty
United Beats
Atlanta
W. H
White
White Provision Co
Stock Market Quietly Edges Higher Amid Mixed News
New York traders saw moderate improvements in stocks with fewer offerings and renewed pressure on volatile issues. Steel talks at the American Iron and Steel Institute influenced sentiment while auto employment rose in Detroit a bit and New England rail and farm sectors hinted at revival. marine labor fears lingered as ship owners and unions faced possible contract expiry.
MENTIONED IN THIS ARTICLE
New York
Kia
American Iron and Steel Institute
Detroit
New England
Stromberg
Market Notes on Bonds and Commodities From Savannah
January 25 market report cites Liberty bonds and various government issues with mixed yields. Turpentine receipts, shipments, and lumber notes appear with prices and dealer activity. Swift & Co. shows operations and a February 29 closing date.
MENTIONED IN THIS ARTICLE
Savannah
Fighting Reported Now in Montenegro
Rome dispatch to Tempo notes fighting between Serbians and Montenegrins ongoing at Podgorizza Montenegro with several villages reported as burning and the situation evolving.
MENTIONED IN THIS ARTICLE
Montenegro
Rome
Montenegring 5
Podgzoritza
al Lona
Wheat Bulls Rule During Last Hour
Wheat markets rallied in Chicago on February 25 with fresh export demand lifting prices. March wheat rose to about 1.87 1/2, May near 1.58, while corn and oats followed the upswing. Traders cited European demand, government reserve worries, and Hessian fly fears as factors behind the late rally amid ongoing selling earlier in the session.
MENTIONED IN THIS ARTICLE
Shorts
Downward Trend In Cotton Prices Worsens In New Orleans
New Orleans and February report show cotton prices slumping to new seasonal lows with March at 11.60, July at 12.36, and October at 12.88. Unfavorable European news and larger interior spot offerings pressure markets as week totals and Liverpool movements contribute to late-day selling. Spot quotations in New Orleans on February 25 list middling at 11.75 and low middling at 11.25 with arrivals at 0 and inventories high.
MENTIONED IN THIS ARTICLE
Hem
Motors
Steel Fury
Chile
Col. Graph. Com
Textile
Endicott-Johnson
Goodrich
Harvester Tive
Keystone T. & Be Wy
Lackawanna Steel
Bee
Aly Marthe
Ath ‘Wilson & Co
Anglo
Belgium
Bet. & Hudson
Jap. Gov
IL & N
Pennsylvania
Sinclair
Bi Bo
West
New Orleans
Iow &S
Europe
Elaima
New and
American Exchange
New York
American Cotton and Grain Exchange
Weyeee
Cotmarket
Liverpool
Wall Strees
United States
Half Million Voted To Transport Grain
Washington, February 25. The Senate approved a half million dollar appropriation to move grain donated by American farmers for famine relief in China. Official reports estimate 14 million Chinese faced starvation with 7,000 dying daily. The bill directs use of idle merchant vessels with naval reservists, funded by the navy or shipping board.
MENTIONED IN THIS ARTICLE
Washington
Senate
Pacific
Ching
Kenyon
Tawa
Navy
Shipping Board
Chilean concession to Krupps reported
Berlin February 25 The Vossische Zeitung reports that the Chilean government granted a concession to the Krupps with the right to acquire land to build factories. A large number of German workmen will take advantage of the concession and emigrate to Chile.
MENTIONED IN THIS ARTICLE
Berlin
Vossische Zeitung
Krupps
Rght
Aay
Chile
Cotton Markets Drift as Prices Hit New Lows
New York trading shows renewed weakness in the cotton market with active months posting season lows. May and July slide while Liverpool activity and hedge selling dampen sentiment. port stocks and exports noted, with analysts forecasting acreage cuts and mixed demand for cotton goods.
Cotton Statement Port Movement and Market Figures Across Cities
New Orleans and other ports report middling cotton prices with receipts and stocks. Galveston 12.25 middling, exports 8,050, stock 33. Wilmington and Norfolk show varied receipts and stocks. Augusta 12.50 middling with 644 receipts and 808 shipments. St Louis and Atlanta list middling around 12. or higher with shipments and stocks noted. Total weekly receipts 80,189. exports 2,200,213. Houston shipments and stock also recorded amid price movements.
MENTIONED IN THIS ARTICLE
New Orleans
Galveston
Sais
Stoak
Marten
Be ‘Alpte
Wilmington
Amis Ielts
Texas
Norfolk
Hiladlingsies
York
Milner
Botal
Meecipte
Weck
PoRaia Oe
Istimor Hovemmt
Houston
Augusta
Ehipments
I St. Louie
Atanta
Wales
Montgomery
Hesters Weekly Cotton Statement and Market Notes
Liverpool market reports weak prices for good middling to low middling with American shares dominating arrivals. Futures steady to weak with February to December positions listed. weekly totals show 40 000 bales sent to mills and 32 000 American bales included. New York reports quieter cotton yarns and fabrics with dull demand for burlaps, greys goods, cloakings, and fabrics for men's wear.
MENTIONED IN THIS ARTICLE
Liverpool
Vorton
Snes
Bates
Mills
New York
Calcutta
Weekly review of cotton market and economic indicators
The piece notes a weak unsettled market with May cotton prices below earlier highs and Liverpool middling quoted near 10.85 cents. Forces include weak foreign trade, bank liquidations to cut loans, hedge selling in the South, and some continental and Japanese buying on declines. Reports indicate some American cotton shipment back from Liverpool and a cautious tone for fertilizer demand, with acreage cuts eyed for Texas and Oklahoma. The London market shows bar silver unsettled, while Dan’s tomorrow hints at a slow, uneven economic recovery with resumed but limited activity in core industries and improving but cautious prospects. retail bank clearings total 5 043 789 585.
MENTIONED IN THIS ARTICLE
Gptniona Ps
New York
East Indies
Manchester
Near East
Paris
Atlanta
Georgia
Commissioner of Agriculture
Texas
W & B Berr
Liverpool
Thorse
Hubbard Bros
Oklahoma
Dan's
Oil Company Declares Quarterly Dividend in Cash
New York February 25 The Texas Pacific Coal and Oil Company announces a regular quarterly stock dividend of 2 percent but declares a quarterly dividend of 2 percent in cash 25 cents a share payable March 31 on share recorded at the class of business on March.
MENTIONED IN THIS ARTICLE
New York
Texas Pacific Coal and of Company
Telay
Busincey
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R L. Barnum
Fae Ga
Henry Jehorty & Co
Citica Service
Deby. Ory
Bankers
Lane
Wat
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Sehlealnger
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Low Records
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Hester’s Weekly Cotton Statement
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Weekly Review
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Swift & Company Stock Yards
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Henry L. Doherty
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James Smith