Stock Market Shifts To Grain Amid Drouth and Prices
Stock traders move from equities to grain as wheat prices rise on drought fears in North and South Dakota Minnesota and other regions. The report notes ex dividend moves in Cripple, GE rumor impacts, iron and steel price trends, rising reserve rates and looming federal rate cuts, with Western Union’s earnings and export records cited.
MENTIONED IN THIS ARTICLE
New York
Crucible
General Electric
Mexican Petroleum
Steel Corporation
North
South Dakota
Minnesota
Belgium
Stael Corporation
Germany
Washington
Federal Reserve
Federal Reserve Board
London Cables
Bank of England
Federal Reserve Banks
Guy M. Walker
Wall Street
Grand Central
Buffalo
Albany
Syracuse
Pittsburg
Pennsylvania
Western Union
Weekly Cotton Review highlights renewed export demand and tight supply
The week ends with firmer sentiment as export demand appears reviving and crop prospects remain tight. Liverpool spot activity surges with large sales while Lancashire spinners adjust hours. American and Egyptian mills shift to longer running time if orders allow. Domestic southern spot sales rise, and boll weevil fears dampen later crop prospects.
MENTIONED IN THIS ARTICLE
Liverpool
Lancashire
America
Banks Urged to Aid Federal Economy in Ohio Speech
Cleveland July 15 Senator Pomerene urged the Ohio Bankers Association to declare for reduced expenditures and tax relief. He praised banks for leading thrift in WWI and criticized large army and navy appropriations as unnecessary given current world conditions. He argued expenditures must match revenues as business stalls.
MENTIONED IN THIS ARTICLE
Cleveland
Ohto
America
United States
Fomerene
Ohio
Ohio Bankers’ Association
Pomerene
Jury Deadlocked in Mysterious Murder Trial
The jury failed to reach a verdict in the murder trial of a woman tied to a poisoning case. Defense attorney Francis W. Poulson argued arsenic came from embalming powders, while others claimed the victim’s illness and appendix removal explained the death. The defense said testimony showed the defendant could not safely testify. The court recessed with the jurors undecided.
MENTIONED IN THIS ARTICLE
Mr. Stanton
Attormey
Francis W. Poulson
Mr. Kaber
Haber
Yosei Kaber
Debates on Allied Debt Refunding In Senate
Washington July 15 The senate debated refunding of inter allied debts with Senator Steed claiming Britain proposed canceling debts and urging forgiveness of European loans. Senator Reed cited a British budget note while Senator Glass rebutted any cancellation and quoted Wilson’s Paris conference cable and a 1918 treasury stance opposing write offs or debt consolidation.
MENTIONED IN THIS ARTICLE
Washington
Senate
Steed
Missouri
Great Britain
Lloyd George
Wilson
Chamberlain
United States
Reed
Treasury
Senator Glass
Virginia
Secretary of the Treasury
Glass
Pesident Wilson
America
Bear Pressure Felt In Stocks On Wall Street Selloff
New York stocks closed lower amid broad selling, led by Bethlehem Steel and United States Steel while oils and industrials sagged. Trading totaled about 9.25 million shares as investors priced in potential steel cutbacks and wage pressures.
Wheat and grain prices rise on bearish reports and strong exports
Chicago markets touch new high prices for September and December wheat as crop reports fuel optimism. July contracts face storage pressure. corn and oats show mixed moves while hogs and provisions trend up. Shipping notices and railroad embargo rumors influence near term sentiment.
MENTIONED IN THIS ARTICLE
Chicago
India
Great Britain
Montreal
Oppressive heat slows New York markets and crop damage
New York July 15. Oppressive heat and humidity over a wide area compound restraints already in place while drought damages crops here and abroad. Traders await harvest results, expect contraction and a slow revival as natural conditions improve. Textile trade shows early postwar inflation relief, bank clearings run at five billion six hundred eighty million two hundred ninety seven thousand eight hundred thirty five.
MENTIONED IN THIS ARTICLE
New York
Dan
Coffee and Sugar Sales Ban Lifted in New York
New York on July 15 reports that publication of coffee and sugar futures will be sanctioned by the New York coffee and sugar exchange reversing Superintendent Co. B Stroud's ban from yesterday. The exchange says the earlier action was a misapprehension and futures can be published. Estimated sales today: 65 000 bags of coffee and 1 600 tons of raw sugar futures.
MENTIONED IN THIS ARTICLE
New York
New York Coffee and Sugar Exchange
Co. B Stroud
Stroud
Atlanta Health Chief Declares Typhoid Fever Absent
At a board of health meeting Dr J B Kennedy city health officer presented yearly typhoid figures showing fewer cases than most years. He reported about seventy deaths in the last two weeks with no typhoid cases and said the city water pools and other sources were examined and found in good condition. Only 35 typhoid deaths were recorded this year.
MENTIONED IN THIS ARTICLE
Atlanta
Board of Health
J. B. Kennedy
Kennedy
Black Minorca Lays Record Egg for Mrs Whitman
An 80 year old Black Minorca hen owned by Mrs M N Whitman at 733 Peachtree laid a record egg yesterday. The shell contained a second ordinary egg inside, a curious sight chronicled by the owner who measured the outer egg at 9 inches long and 7.65 inches in circumference.
MENTIONED IN THIS ARTICLE
M. N. Whitman
Peachtree
Whitman
Quotations From Atlanta Cotton Market Report
Bank clearings and local market quotations show spot cotton prices and seed values. The report lists prices for various grades and lots, including crude and refined seed products, with figures in dollars and cents for prime and nominal categories.
MENTIONED IN THIS ARTICLE
Awanta
Oasis
Atlanta
Wil Ma
Bank Dearines
Abnots
Henry L. Doherty
Tia
Citiey
Cities
British Market Holds Up Cotton Prices Amid Demands
The New York cotton market opened steady as British demand and Liverpool spot activity supported prices. Expectations of longer Lancashire running time and weather concerns in the eastern belt contributed to a cautious rally, with December and October futures advancing before retreating, while Wall Street and Liverpool traders remained active.
MENTIONED IN THIS ARTICLE
Cortoy
Cote
New Orleans
American Exchange
New York
Fol- Wels
Ton God Grin Exchange, Inc
Tew. Pi
Close
Van
Idol
Lal Go
Liverpool
Lancashire
Liverpool Cables
Southern
Wall Street
Small Advance in New Orleans Cotton Market
The New Orleans spot market stayed steady with modest gains as spot prices closed higher than futures. July and October contracts rose slightly, while overall activity showed liquidation followed by limited net advances. International demand and rain in the U S belt influenced buying, with Liverpool prices and Japanese demand cited as supporting factors. Hubbard Bros. & Co. note a bearish local tone despite improved trade outlook and persistent strong basis.
MENTIONED IN THIS ARTICLE
New Orbang
Favorabe
Liverpool
New York
Manchester
Atlantics
Hubbard Bros. & CO
Cotton Movement Across Major Ports and Cities
New Orleans and Galveston report middling cotton prices with receipts exports and stocks. Mobile Savannah and Wilmington show varied middling rates and large stock totals. Norfolk Philadelphia and New York list prices and inventories. totals combine receipts exports and season long stock across multiple ports with quantities in thousands. Anterior movement notes timely shifts in prices and stock for standout cities including Memphis Atlanta St Louis and Little Rock with notable shipments and sales figures.
MENTIONED IN THIS ARTICLE
New Orleans
Salen
Galveston
Mobile
Bavannah
Charleston
Wilmington
Norfolk
Atock
Philadelphia
New York
Flonston
B.ag
Saiea
Memphia
Saies
Augustaz
St. Louis
Atlanta
Little Rock
Colins
Rew Orjelins
British spinners ease schedules to boost cotton use
New Orleans July 15. British spinners plan to resume fall time in spinning 25 hours a week, up from 26, boosting American cotton consumption. Fuel shortages from a strike limit capacity, but miners return so demand may rise. references to Lancashire and Atlantic stocks appear amid mixed figures on bales and mill activity.
MENTIONED IN THIS ARTICLE
New Orleans
Lancashire
Atlanta
Hester's Weekly Cotton Prices and Totals Floated
Cotton market notes list world middling prices from Atlanta to New York and Liverpool with July figures. Receipts advance with American shares and weekly stock totals, while futures quotes move on lard market sentiment and refinery activity.
Mixed Cotton Goods and Turpentine Spot Markets Across Cities
Dry Goods New York notes steady cotton goods and yarns with light trade while wash goods for prompt shipment sell by price. Savannah Turpentine firm with receipts and shipments listed, rosin steady with specific grade quotes. Jacksonville Turpentine steady with notable sales, rosin firm, window glass and related prices cited across markets.
MENTIONED IN THIS ARTICLE
New York
Pri
Savannah
I Rosin
Jacksonville
Mia
Wieady
Rosin
Rice market report from New Orleans on July fifteenth
The July New Orleans market bulletin records rough rice sales with no receipts for B16 Olean rice. It notes 1,208 pockets Blue Rose Bt 263 percent and receipts totaling 7,020 pockets. Bran and polish remain unchanged.
MENTIONED IN THIS ARTICLE
New Orleans
Atlanta Tax Raise Bills Unopposed
Atlanta moves a tax increase bill through the house with Senate support from Frank C. Manson of the thirty fifth district. An election to decide the rate rise from 1.25 to 150 is to be held within 30 days. The bill allocates 26 percent of revenue to the Atlanta school system and permits women on the board of education.
MENTIONED IN THIS ARTICLE
Atlanta
Senate
House
Frank C. Manson
Thirty Fifth
Zach Arnold
Arnold
Mr. Arnold
Pruett
Lumpkin
Farmers Co-operative Marketing Association of Georgia
C. H. Kittrell
Laurens
Highway Department
New Apartment Boasts Exclusive Playground for Families
The St Turman company introduces a playground for residents of the new Bais de Leon apartments at 290 Ponce de Leon avenue. The 50 foot wide tract runs the building length, reserved for the children to play away from the street. The twenty one or more apartments feature hardwood floors, built in refrigerators, gag stoves, Murphy beds and paneled walls with ventilated halls and latticed porches, reflecting modern design.
MENTIONED IN THIS ARTICLE
St. Turman Company
Bais de Leon
Ponce de Leon Avenue
Kiddles
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BY R. L. Barnum
Weekly Cotton Review
NEW York Stock Exchange
Kortford
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Ife
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Whitehall St
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Christ
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A. R. Howland