Bears Fight on Wall Street as Conditions Improve
New York, January 7. Prices on the stock exchange opened higher but sharp selling by large traders pushed copper and oil shares down one to three points. By noon a recovery lifted prices one to five points. Bears persist, but recovery hints grow as some investors reassess December lows.
MENTIONED IN THIS ARTICLE
Eee
New York
Stock Exchange
Bears
Wall Street
Hovard University Committee On Economic Research
Harvard Economic Research Committee
Crucible
United Fruit
Congress
Colorado Fuel and Iron Company
Duchess
Philadelphia
Youngstown Sheet & Tube Company
France
Republic Iron & Steel Co
James A. Campbell
Youngstown Steel & Tube Co
Campbell
United States Steel Corporation
Quotations Local Stocks and Bonds
Local market report from Atlanta shows wholesale prices for meat and provisions, with per ton figures for chicken feed, cotton seed meal, hulls, and various dressed meats. The Atlanta provision market lists prices for bacon, ham, sausage, beef, veal, and cattle ranges, alongside stock and bond quotation notes and market highlights.
MENTIONED IN THIS ARTICLE
Tate Bureau
Tate
Atlanta
Welfrishig
Stock Market Gains Continue As Speculative Issues Lead
New York January 7 The stock market posted numerous gains over the prior session with most activity in speculative issues and a steady rise in United States Steel and other major names. Banks, bonds and foreign exchange showed mixed moves as Liberty bonds rallied and bargain buying persisted. total sales reached 17.2 million dollars.
MENTIONED IN THIS ARTICLE
New York
United States Steel
Crucible
Vanadium Steels
Baldwin Locomotive
Mexican Petroleum
American Wooten
American International
International
Ratia
United States
Royal Dutch
Cal
Prima Mercantile
Greece
Montreal
Alcount
Tima
Bradstreet's Report Signals Improved General Trade Mood
New York January 7 Bradstreet's notes a brighter tone in the trade world with inventories still being managed. Wholesale dry goods especially cottons show expansion in several markets due to replenished stocks and lower prices, while confidence grows that price cuts have run their course. Sterling and bond markets edge higher with Liberty bonds quoted and various money rates steadier. London and other markets show mixed signals as cotton prices and shipments adjust to recent demand.
MENTIONED IN THIS ARTICLE
New York
Op Celly Bank
Early Cotton Prices Edge Up After Initial Decline
New York trading sees early cotton declines followed by advances. March near 14.92 before selling to 16.44 and settling around 15.30 as the market firmed late. Spot markets across New Orleans Galveston Mobile Savannah Charleston Wilmington Norfolk and Boston show varying middling prices and regional receipts, stocks, and exports. United States port stock totals rise with strong export activity and weekly receipts near 190k.
MENTIONED IN THIS ARTICLE
Missouri Pacific
New York Central
Norfolk and Western
American International Corp
Aeay
Northern Pacific
Oklahoma
Pan-American Petroleum
American Smelting
Pennsylvania
Pittsburg
American Tel & Tel
Amacom Copper
Baltimore and Ohio
Beaboard Air Line
Bethlehem
Chandler Motors
Southern Pacific
Chesapeake and Ohio
Southern Railway
Chicago, Mt. & St. Paul
Southern
Texas
Gulf States
United Atatca Rubber
United States Steel
Bay Utah
Galveston
Mobile
Savannah
Stack
Chastenton
Wilmington
Texas City
Norfolk
Fallimore
Boston
American Exchange
New York
America
Gan Cotton and Grain Exchange, Inc
Porte
Inter
May
Liverpool
Trade Or Commission House
Fall River
Texporta
United State Port Stocka
Cotron
Nunealnant Low Clore
New Orleans
Jonas Lowdrow
Wen
Alose Ateady
Broad price range on N O exchange today
Prices moved over a broad range in cotton with little overall trend. March advanced after spot support and war finance news while liquidation and holiday factors weighed. Regional middling prices and weekly totals show varied receipts and stocks across several markets from Houston to Dallas.
MENTIONED IN THIS ARTICLE
New Orleans
Washington
War Finance Corporation
Kroma
Professional views on cotton situation
In a January 7 special report Hubbard Bob discusses world cotton trends and price signals. Orvis Brothers & Co note advancing prices for fabrics and steady or rising demand while wool markets dip. Slower textile activity is seen as markets adjust with gains in worsted goods and curtains, signaling cautious optimism.
MENTIONED IN THIS ARTICLE
Cloge
Ak Eater Tone
Fury
Chile
Graph
indicott-Johnson Bay
Goodrich Rub
Harvester
Kelly Spring
Leysatone T. & B
Lackawanna Steel Hy
Motor Ist
Nunnally Erg
Pierce-Arrow
Tex. & Pacific S
Trans
United
Western Md
Wilson Worth, Pump & Co
Phas
Anglo-Am
Hudson
Faa Au
Ik Uys
Sinclair
West
Tel. A
Emad
Hubbard Bob
York
Orvis Brothers & CO
Cotton Seed Oil Prices Drift in Early New York Trade
A fragmented New York market note describes January seed oil movements with prices edging higher then retreating. Trading showed belated activity and a late gain of about six points, with sales around 10,000 tons and closing prices mixed, reflecting varied demand and limited offerings.
MENTIONED IN THIS ARTICLE
New York
Wheat futures slip on Argentine Australian surplus revised higher
Chicago January 7 Wheat prices fell as estimates of Argentine and Australian exportable surplus rose to 261 million bushels. March and May futures closed lower amid a heavier Southwest offering and lagging flour trade gains. Corn and oats followed wheat, while hogs supported provisions. Chicago cash grain quotes and New York coffee also reported shifts in prices.
MENTIONED IN THIS ARTICLE
Chicago
City Service Company Bankers Shares Monthly Distribution Notice
City Service Company issues Monthly Distribution No. 23 payable February 1 to holders of record. This notice outlines distribution details and payment procedures for investors holding Bankers Shares.
MENTIONED IN THIS ARTICLE
Cities Service. Company
Bankers Shares
Toidara
Market Summary and Prices Across Commodities and Regions
Portland and New Orleans report mixed commodity activity with refined sugar easing 10 to 15 points, granulated prices around 7.75 to 7.00, and new low movement records. Honduras shipments and pockets noted, with milled sales and various cotton and produce prices listed alongside US poultry, butter, and egg quotes across New York Chicago and Louisville markets.
MENTIONED IN THIS ARTICLE
Porto Rico
Gubas
Maren
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R. L. Barnum
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Cornfiel
Rovers
Grantnothea
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W. H. White
White Provision Co
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Calver
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B. Tech
Acgusta & Bavoonah
Dibb Mx
Cent Bank
Ae Exposition Cotton Illite
Shorts
Earle & Phoenix Cotton
Emmire Cotton
Felton Nall
Ni Ty
Elen. Oy
Atic
Go.Ry
Securitiew Sales de. Voy
Atlantia Ice& Coal Corp
Bradstreet
Money Market
Swift & Co
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Liberty Bonds
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NEW York Stock Exchange
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Hester’s Weekly Cotton Statement
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H. & B. BEER _ CORTON
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Cotton Ton
Gravieg St
Baronce Be Mun
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Healey
Georgia