Gasoline Drops Mark Day in Southern Prices and Stocks
New York reports a weaker oil shares day with Mexican Petroleum tumbling to a new low. Gasoline cuts in Georgia, Alabama, Mississippi and Louisiana plus a $340 cut in South Carolina and minor kerosene cuts in Pennsylvania and Delaware. Packard trims prices on cars and trucks, while Roebuck weakens after June sales drop. Rails show strength on lower operating costs and wage concessions.
MENTIONED IN THIS ARTICLE
New York
Georgia
Alabama
Mississippi
Louisiana
South Carolina
Pennsylvania
Delaware
Packard
Roebuck
Rails
Government Crop Report Sets Market Tone for Cotton
The U S government report showed a 69.2 condition, 28.4 percent acre reduction, and 8 433 000 bale yield excluding lint. Prices rose as October contracts advanced to 12.48, with July at 11 75 and December 12.92 amid late buying and bullish private crop reports.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Tate
Aevenge
Bureau report lifts New Orleans cotton prices on July one
New Orleans July 1 Bureau day spurred gains in cotton with late trading pushing active months 14 to 19 points higher before settling. October rose to 12.92 on the day while early losses narrowed as crop data met bullish expectations. Spot market quiet with 447 bales sold, prices for low middling 8.75 and middling 11.00. Receipts 535 and stock 457,859.
MENTIONED IN THIS ARTICLE
New York
Aig
Cosa
Cline
RANOE
New OR
Orleans
H Clore
T Gion
Dee
New Orleans
Professional views on cotton situation analyze new government report
New York July 1 Special Our market stayed quiet awaiting the government report showing 92 yield with 8,433,000 bales and 20,019,000 acres. The range of figures from Washington forecast a smaller crop and a potential price turn higher as weevil damage mounts.
Mexican oils hit new lows in midweek trading
In New York and spreads across commodities, Mexican Petroleum slid to 96 marking a multi year low as Pan American Petroleum and General Asphalt followed the downturn. Major industrials and consumer stocks slipped while rails and food issues showed modest gains amid unsettled market conditions.
MENTIONED IN THIS ARTICLE
New York
Mexican Petroleum
Pan-American Petroleum
General Asphalt
Shorts
United States Rubber
Studebaker
Harvester
American Woolen
Famous Players
Sears-Roebuck
Canadian Pacific
Reading
Colorado Southern
Western Pacific
St. Louis
Southwestern
Garman
Liberty Lssues
Hesters Weekly Cotton Statement Market Notes
New York July 1 Gray cotton goods were slightly higher today with trading light. Continental combed yarns were slightly lower. Holiday retail trade was reported weak. Robbing trade was quiet. Silk and other draperies were quiet and luster under pressure.
MENTIONED IN THIS ARTICLE
New York
Five Indicted for Fake Hold Up on Pace's Ferry Road
Five people including Mrs C C Arthur Robert Mendenhall Dewey Webb J R Highsmith and Mrs M J Glenn were indicted by Fulton County grand jury on a fake hold up case following a staged robbery on Pace's Ferry Road weeks earlier. Victim Mrs Glenn said she was induced to ride with a man then the car halted and a holdup staged. rings and other items were allegedly stolen with one ring later recovered. Authorities seek another man connected with the holdup as they pursue leads from Fort McPherson and surrounding areas.
MENTIONED IN THIS ARTICLE
Pace
Ferry Road
Fulton County Grand
C. C. Arthur
Robert Mendenhall
Dewey Webb
J. R. Highsmith
M. J. Glenn
Arthura
Atlanta
Glenn
Highsmith
Allenta
West Point
Iyo
Aong
Are. Glenn
Empire Cotton
Fort McPherson
Nor Gy & Elec
Do. Ar Pf. Ey
Ga. BR. B
Bankie Fiiielde Cotton Sii
Enerry Watlonst
Nthweatern Fe Xeast Co
Ga - Atlantic Ice & Con Corp
BS Atlantic Steel Co
Esenae
Ocotral
He. & Banking Co
New York BONDS and Commodities Roundup
New York markets show diverse movements with bonds firm across government and railroad sectors. Currencies boldly quoted include francs, guilders, lire, marks and more while London rates edge higher for short bills and silver prices hold steady. In commodities, raw sugar remains near 4 cents per pound with limited activity and refined prices edging up, while regional cattle and hog markets in Kentucky report modest to steady gains.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Panel
Sterling Su
Guildera
Enbice
Greece
Sweden
Lemnod
Norway
Brazil
Montreal
Wheat Prices Slip Over Holiday Weather Market
Chicago July 1 heavy wheat close 1 1 4 to 2 1 4 cents lower with July at 1.22 1 2 and September 1 21 3 4. Corn up 1 4 to 1 3 8 cents. oats up 1 8 to 1 1 4. Provision unchanged to 1/4 cent lower. Dry hot weather in the northwest weighed on wheat. some holders cut positions before adjournment while cooler weather was seen as possible. Bullish corn factors from Nebraska and South Dakota winds supported prices. Domestics and foreign offerings influenced the session.
MENTIONED IN THIS ARTICLE
Chicago
Seaboard
England
Belgium
Argentina
Nebraska
South Dakota
White Slaver Convicted In Federal Court
J G Burke a Fulton county farmer was convicted in federal court Friday of taking a young woman across state lines to violate the Mann white slave act He was sentenced to two years in federal prison.
MENTIONED IN THIS ARTICLE
J. G. Burke
Fulton County
Gritiah coal crop report shakes cotton market fluctuations
New York July 1. Early week advances in cotton futures faded as the government crop report moderated expectations. October contracts rose to 12.55 then eased near 13.0% ahead of the figures, with the market steadier later as traders priced in a likely ample supply. Officials cited a 69.2% condition rating near private estimates, acreage down 28.4 percent, and yield projected at 8,433,000 bales including linters. Domestic use and exports for the year to July 1 may reach about 11 million bales, suggesting stronger demand later, while abundant cotton and the coal settlement influence liver pool spot activity.
MENTIONED IN THIS ARTICLE
New Orleans
Jehr
Bureau
Washington
Ma Yieli
Virginia
North Carolina
South Carolina
Georgia
Alabama
Missiisippia
Louisiang
Texan
Arkansas
Mimbera
Becr
New York
Centrifvngil
Liverpool
Nessee
Nort
Florida
Department of Agriculture
Dun's says business revival not yet come
New York reports that the general revival in commerce has failed to develop in the first half of the year. Industry slows, iron and steel output remains weak, and textile production declines in some divisions. Buyers limit purchases to immediate needs amid tightening competition and price discounts. The six months show disappointing results, but progress is noted in correcting past imbalances and laying a foundation for stronger conditions ahead.
MENTIONED IN THIS ARTICLE
New York
Dun’s
Wen
Planta
Dividend Declared By Atlanta Loan And Savings Bank
The Atlanta Loan and Savings Bank declared a 7 percent dividend for the year ended June 30, paid to stockholders. The bank reported over 1,800 loans during the year totaling $1,500,000. W. Woods White, president, announced that more than 1,300 loans were paid on time, with 1,241 paid in full and 44 missed a single payment. Officers include T. R. Lawtell and Victor Kreigshaber as vice presidents, Holling N Randolph as general counsel, R. E. George as assistant to the president, and C. T. Greer as cashier.
MENTIONED IN THIS ARTICLE
Atlanta Loan and Savings Smpany
W. Woods White
T. R. Lawtell
Victor Kreigshaber
Holling N Randolph
R. E. George
C. T. Greer
Raymond Fishing and Boating Club Fourth of July Invite
Raymond Fishing and Boating Club invites Boy Scout officers, troop commanders, scouts and Atlanta citizens to a Fourth of July celebration in Raymond Georgia. Coweta county residents will attend and a big barbecue will be served. Visitors from Atlanta can drive directly to Newnan and then six miles east on a concrete highway for the auto trip.
MENTIONED IN THIS ARTICLE
Atlanta
Raymond Fishing and Boating Club
Raymond
Coweta County
Visiotra
Atelanta
Newnan
Special U. S. Taxes Due Before July Thirty First
Special federal taxes of various kinds are now due and must be paid before July 31 according to A O Bla lock collector of internal revenue. After that date delinquents face heavy penalties. Tax targets include pawnshops bowling galleries circuses shooting galleries riding academies ship brokers corporations auto rental service concert halls museums and more. Failure to file returns carries fines up to 1000 and refusals to file bring a fine of at least 1000 and one year imprisonment.
MENTIONED IN THIS ARTICLE
Blalock
Internal Revenue
Cotton Crop Outlook Shrinks as Planting Falls Sharply
Washington forecasts 8,433,000 bales for the current year, a record decline from last year and the 1914 peak. Acreage is down 284 percent from last year, with widespread abandonment east of the Mississippi and light reductions west. Fertilizer use is down and boll weevil pressures rise, signaling a sharp drop in total fiber despite improved state estimates of area under cultivation.
MENTIONED IN THIS ARTICLE
Washington
Coatton
Department of Agriculture
Mississippi River
North Carolina
Mississippi
Georgia
Cotton Reporting Board
Bureau of Crop Estimates
Virginia
South Carolina
Florida
Alabama
Louisiana
Texas
Arkansas
Bank Clearings And Quotations Of Local Markets
Atlanta market summary shows quotations for spot cotton with middling and bale shipments. Local figures mention baled cotton, bale counts, and market activity in the Atlanta area, noting prices and quantities in the trading day.
Atlanta Quotations Cotton Seed Products and Market Prices
Wholesale prices list for Atlanta commodities incl Cotton Seed meal and hulls, various feeds, groceries, fruits, vegetables, and dressed beef. Includes per ton and per pound quotes, market names, and corrections by State Bureau of Markets. Also lists Atlanta live stock market prices and cattle classifications with price ranges.
MENTIONED IN THIS ARTICLE
Priess
Whalreniers
State Bureau of Markets
State Capitol
Atlanta
W. H. White, Jr
aDor
Opening of Two Banks Announced by T R Bennett
T R Bennett state banking head announced Georgia bank openings. A new bank in Iron City Seminole County with Sasser on site, and Baxley’s Baxter Bank reopened under Dr P W Comas as president. Bennett plans more reopenings from fall stress.
MENTIONED IN THIS ARTICLE
T KR Bennett
State Banking Deppartment
Georgia
Iron City
Seminole 18
Sasser
Baxtey Banking Company
Baxley
Dr_P Wt Comas
Banley State Bank
Bennett
Éveral
First Summer Camp of the Boy Scouts Ends in Georgia
The first Atlanta Boy Scouts summer camp at Camp Friendly near Gainesville closes this week. Scouts arrived Friday at 6 PM and the second camp will open Saturday morning with Roland L. Shine as camp director in charge. Camps are operated by the Atlanta Scout Council.
MENTIONED IN THIS ARTICLE
Atlanta
Roland L._ Shine
Gainesville
Atlanta Scout Council
Hilley Joins Force With J H Ewing & Sons
J R Haley a popular young real estate dealer who for seven years has been with Burdett Realty joins the firm of D B Ewing & Sons. UE M Holley with real estate experience has negotiated many large city transactions and has a fine reputation as a salesman. Mr Hilley will welcome friends and clients at 26 Walton Street.
MENTIONED IN THIS ARTICLE
J R.haley
Burdett Realty Company
D.b. Ewing & Sons
Ue M. Holley
Mr. Hilley
Walton Street
Webb Congratulates Successor In Office In Atlanta Advertising Club
Retiring president Dave W Webb telegrams felicitation to incoming officers George Lowman and the Atlanta Advertising Club. He notes goals achieved, praises loyalty of members, and credits a recent Advertising Clubs of the World convention success. Telegram sent from St Simons Island during Webb’s vacation. read at Thursday club meeting by C V Hohenaten.
MENTIONED IN THIS ARTICLE
Atlanta Advertising Club
Dave W. Webb
George 8. Lowman
Webb
Associ
Advertising Clubs of
St. Simons Itdland
Wwebbis
Advertising Club
C. V. Hohenaten
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