Rails Lead Market Gains Amid Rail and Oil News
New York reports rails including Northern Pacific and Reading rising on a broad upturn with plans near. Mellon indicates possible week end announcements to aid railroads with $300 million additional aid and back rent payments. Freight car loadings show declines while grain traffic rises. Cuba banking concerns ease. Steel price cuts eyed with mixed signals and new oil company formations slow.
MENTIONED IN THIS ARTICLE
New York
Northern Pacific
Southern Pacific
Reading
New York Central
Canadian Pacific
Talon Pacific
Moellen
Congress
Steel Corporation
Ingders
Havana
Cuba
American Foreign Banking Corporation
Banking Inforest
Mellon
Washington Dispatches
Ilva
Eastern and Western
Pennsylvania
Steel Corporaton
England
Cotton prices ease after early rally on New York market
In New York July 7 the cotton market dipped from session highs as stocks softened. July climbed to about 12.76 before easing, with December at 13.25. Traders cited firm Liverpool cables, improving spot demand, and late selling by early buyers amid scattered profit-taking and export demand signals. New Orleans spot held steady at 33 cents, with receipts near 4,750 and stock at 455,000.
MENTIONED IN THIS ARTICLE
New York
American Exchange
American Cotton Grain Exchange
Wallstreat
Liverpool
Lancanshire
Wall Street
Mississippi River
Mins
Jesippi
New Orleans
Salex
Receipta
Atock
Norfolk
Yeas Am
Sumatra
Shedl
Canadian Pacific
Sinclair OH and Refining
Tig
Central Leather
joss-Ehef
Bteel & Iron
Chandier Motors
Studebaker Corporation
Cora Cola
Tennesstean
Colorado
General Etters Ager
GBS
Ateet
United States
United States Steel
Ae Ao
G Marine
P. Ee Bi
Utah
Bal
de International Etickel Oe
Vanadiam
Tovincibla
Virginia Caroling Guestical
Western Union Bay
Hennecort
International Sage
Westinghouse
Neshville
White Overland
Manchester
England
Boll Weevil
Hubbard Bros, & CO
Aggressive Trading Boosts New Orleans Cotton Market
Reports of stronger demand for spot cotton and aggressive long trading aimed to clear a large short position pushed New Orleans prices higher. Prices rose early and at one point gained 38 to 25 points, with October futures peaking around 12.27 and closing near 12.20 amid a volatile session.
MENTIONED IN THIS ARTICLE
New Orleans
Cotton Movement Report From Major Ports and Interior
The weekly snapshot lists Middling prices, receipts, exports and stocks across Gulf and Atlantic ports including Galveston Mobile Savannah Charleston Wilmington New York Philadelphia and Boston with totals for the week and season. Interior centers Houston Memphis Augusta St Louis Atlanta Little Rock Dallas Montgomery and others report receipts shipments sales and stock figures.
MENTIONED IN THIS ARTICLE
Orleans
Galveston
Entes
Ate Mobile
Savannah
Anlea
Charleston
Recelptay
Wilmington
Texes City
Norfolk
Haitimore
Ioston
Neworks
Tock
Stinor Porte
Potat
Houston
Memphia
Eater
Augusta
St. Tours
Atlanta
Little Hock
Dallas
Montgomery
Wales
Professional Views On Cotton Situation Sees Market Revival
New Orleans July 3 Special Forenoon comment notes improved market sentiment due to drs tastic reductions and better raw cotton prospects. Wall Street and London show optimism from labor gains, cheaper materials, and easier money signaling early revival in industry, with negotiations between treasury and cotton growers to ease the sector. More rain inland and heightened demand from England and Texas ports suggest rising inquiries for cotton across the Atlantic.
MENTIONED IN THIS ARTICLE
Sant Ment
Devenge
Wall Street
Lonton
Bettiahim
Aatingtanan
Menag
Treasury
England
Liverpool
Texas
Market gains tempered by profit taking and rail aid
July 7 New York market session saw additional gains in many leading issues but breadth lagged and profit taking pressured close. Treasury Mellon announced about 500 million dollars of railroad advances likely before year end amid mixed moves in steels, copper, textiles and other sectors.
MENTIONED IN THIS ARTICLE
New York
Shorts
Sterlng
Local Reserve Bank Weekly Statement Summary
The weekly notice covers gold reserves and total resources of the local reserve bank, listing figures for gold holdings, legal tender, bills on hand, earning assets, bank premises, and total resources. It details liabilities including circulation, member banks, and other obligations, with mixed notes on cotton seed oil market activity and commodity prices in New York metals and textiles, noting July deliveries and futures.
MENTIONED IN THIS ARTICLE
Sanecoran Gold Settlement Fond Wae
Hela Bank
Gapitel
Aires
Actu
Mabiltlee
F. I
Dilla
Pittman
Totel Estaing
Federal Reserve Bank
U.S
Wheat gains driven by North Dakota crop damage and rust
Chicago reports bullish wheat, corn, and provision futures as North Dakota crop losses and black rust in Manitoba and Saskatchewan lift prices. Sept at 1.204, Dec at 1.23, with corn and Wheat futures rising on poor threshing returns and continued dry weather.
MENTIONED IN THIS ARTICLE
Chicago
North Dakota
Manitoba
Saskatchewan
Ohio
Indiana
Ilinois
Iowa
Missouri
Money Market Update From New York Commodities
New York July 7 prime mercantile paper quoted 6 1 4 percent with irregular exchange. Sterling bills on banks 34674, 60 day bills 3.65 percent. Cables and demand rates shown for guilders lire marks Greece Norway Argentina Brazil and other currencies. Time money steady all around with various discount rates and silver prices noted.
MENTIONED IN THIS ARTICLE
New York
Cn Pies
Greece
Den
Centuas Elis
Norway
Argentina
Braci
Montreal
Enay
Bank Eceptahcen
Liberty Bonds Close In New York on July 7
Liberty bonds closed in New York on July 7 with mixed results across issues. Notable figures include Victory bonds at 8s and 4s, with several 4% series showing varied gains and losses amid market activity.
MENTIONED IN THIS ARTICLE
New York
Liberty Bonida
Rijs
Bank of England Weekly Statement Summary
London July 7 The weekly Bank of England statement shows changes: total reserve decreased circulation increased bullion increased other deposits decreased public deposits increased notes reserve decreased government securities up 100000 bringing total to 2 805 000 the reserve ratio to liabilities stands at 11700 percent. rate of discount 6 percent Swift and Co Chicago July 7 closed 10 percent.
MENTIONED IN THIS ARTICLE
London
Bank of England
Wn Bak Ot Brance
Bank OF Germany Berlin
Imperial Bank of Germany
Also Mentioned on This Page
R. L. Barnum
N. C
NEW York Stock Exchange
Southwest
Washington
HL & B. Berr
Local Reserve Bank
Kew
York
God Demate
Peices Borden
NEW York Bonds
Panama
American Ameitca
Is & RY
Atlantic Coast
Baltimore
Bethlehem Steel
Central of Georgia
Santat ‘Sa
Central Leather Gs Abbast
Chesapeake & Ghia
Guyease
St. Per
Beaver
Rio Grande Consol
Southern Rok
Dominion of Canada
Titnels Central
Fer
Arine Aan
Kansas City Router
Loulaville & Roenville
Mis
Kan
Seaboard Air Line
Southern Bell Tei
Union Pacific
United Kingdom
I. O's
Virginiavourating Wabaal
Wilaon & Co
Curb Securities
GROP
Eorth
Ga. Gillespie
Ud Midwest
Rod
Oie
Salt Creek
Simms
Jonna
Allied Phehers
Money Market
Liberty Bonds
Georgia
Adi
Ithes
Robinson, Humphrey CO
Municipal and Corporation Bonds
Swift & Co
Lantana
Oats
Jean ‘Im Ran
Ominal
Bank OF France
Combined Statement Federal Reserve Banks
Ior
Carolinas
Kansay
Georgia Railway & Electric Company
Bond Department
Trust Company of Georgia
Fourth National Bank
of Atlanta
J. H. Hilsman & Co
the Glidden Company
Atlanta, GA
Ivy
Auburn Ave
Guaranty Trust Company of
Havre
Paris
Brussels
Constantinople
V. M. Womack
C.P.A. J
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!