Bears Abandon German Success As an Argument of low mood
New York July 24 Special The stock market opened sharply down as labor troubles in the munitions industry and fears Germany may resume submarine warfare influenced sentiment. Traders loosened holdings on war orders while the market drifted lower, with some recovery later as German successes in Poland faded from focus and hopes for renewed strength emerged amid improved conditions in some sectors.
MENTIONED IN THIS ARTICLE
New York
Germany
United States
Orduna
Europe
Poland
Weet L Financial Ciycles
Russia
Canada
Combined Federal Reserve Banks Reserves Rise Week
Washington reports total reserves across Federal Reserve Banks increased by nearly 3.8 million in the past week. The statement lists resources including vault money and coins, settlement funds, gold and silver holdings, bills discounted, investments in U.S. bonds and municipal warrants, and other assets totaling 371.363 million dollars. Liabilities show capital at 54.17 million, net deposits about 61.063 million, and notes payable totaling 14.522 million, with gold and other reserves indexed to net liabilities and circulation.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Federal Reserve Board
United States
Federal Reserve Banks
Wall Street Dominated by War Share Trading News
Spectacular trading on the New York stock exchange centered on war shares with numerous new high records. Profit-taking trimmed values, while railroads and southern and southwestern stocks fell to fresh lows. The market showed extreme speculative activity amid rising steel production and awaiting the United States Steel second quarter report.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
St. Paul
Canadian Pacific
Dssiston
Germany
States Steel Corporation
Warning Against Undue Enthusiasm Over War Profits
New York July 24 The term war brides has become a label for industrial shares that rose on reports of profits from army orders. A Crucible Steel director warned against high stock levels and possible long gaps in dividends. The market cooled after the remark, though some industrials remained strong. Analysts caution that much of the war order surge was exaggerated and urge careful buying. Banks and traders anticipate another cycle of gains if tensions with Germany ease.
MENTIONED IN THIS ARTICLE
Wall Street
Washington
Interstate Commerce Commission
Fock Island
Group T
United States
Canada
Europe
Af&el Corporation
Steel Corporation
Gottom
New York
Crucible Steel Company
Bethlehem Steel
Germany
Interstate Cceamierce Commission
Southern Cotton Market Faces Bearish Weather and Note on Germany
New York July 24 cotton drifted lower amid domestic factors, weather reports, and rumors of New England mill curtailments. Texas selling for September and shipments to Russia suggested moves to free space for the new crop. New Orleans closed at a small loss as favorable weather and dampened demand limited gains. Prices ranged with specific deltas and daily spot activity noted across grades.
MENTIONED IN THIS ARTICLE
New York
Germany
Ew England Mills
South
Texas
Russia
Liverpool
Manchester
New England
Fall River
New Orleans
Shorts
Gailty
Gore
Mississippi Delta
Cotton Region
Tempe
Atlanta
Columbus
Gainesville
Rome
Talpaisa
Tacon
tWeat Point
Gene
Loo
Chattanooga
Lear
Greenville
S.C
Spartanburg
Clear
Rio
Wilmington
Charleston
Anauuta
ATLAB
Montgomery
Vickaburg
Littl
Oklahoma
Essis
York
New
Iran
Port and Interior Movement in Cotton Trade Report
The report details port movement across cities including Charleston Wilmington Norfolk and Savannah with receipts, exports, stock, and middling prices. It notes totals for today and week as well as interior movement in Houston Memphis Augusta St Louis Cincinnati Little Rock Dallas and others with receipts shipments sales and stock figures.
MENTIONED IN THIS ARTICLE
Orloeme
Sian
Charleston
Wilmington
Norfolk
Wales
Boetock
Porte
Houston
Memphis
Augusta
St. Lowis
Cincinnati
Little ‘Hock
Salon
Rock
Dallas
New Orleans
Galveston
Mobile
Norfole
Pacific
Bt. Louis
Staatnnatl
Little Rock
Europe
Southern Prosperity Debate Sparks National Interest
A July Wall Street Journal editorial about alleged U S and Atlantic bankers colluding to depress cotton prices triggers a nationwide discussion. Eastern banks financed the Atlanta crop and supported $100 million in a gold loan fund. the piece questions motives and urges public inquiry while noting the south’s pivotal role in cotton exports and regional prosperity.
MENTIONED IN THIS ARTICLE
Aly R N. Berrien, Jr
Wall Street Journal
New York
Federal Reserve Bank of Atlanta
New England
Old England
South
Iast
Atlanta
Federal Revenue Bank
Federal Trade Commission
Bates
Ihl Atron
Market report on dry goods and textiles in New York
Dry Goods New York July 4 report notes hay markets weaker due to imports and low grain, textiles firmer linen, cotton goods steadier after tariff purchases. Yarns quiet, broad goods becoming more in demand. Ready-to-wear lines show irregular activity with mixed receipts and prices.
MENTIONED IN THIS ARTICLE
New York
Imrne
Calcutta
Decided Upturn in Stock Market Prompts War Orders Rally
New York July 24 War motive again today and advanced materially with several stocks hitting new high records. Bethlehem Steel moved higher on war order rumors, American Can reached a new high on a $340 million British supply contract report, and Baldwin Locomotive posted gains on a possible $30 million order. Old-line rails lagged due to crop outlook, National Enameling rose on business gains since the war cut Austrian competition, and bonds traded in moderate volume while money movements kept expectations uncertain.
MENTIONED IN THIS ARTICLE
United States
London
Broodinx
Femington Works
Lange
Great Britain
New York
Baldwin Locomotive
American Can
Bethlehem Steel
New York Central
Reading
Union Pacffc
Southern Pacific
National
Mos J
Grains: Advances and losses on July Chicago prices
Wet weather and rainfall sent grains volatile in Chicago trading on July 24. Wheat rose from 11 1/2 to 34 3/4 above prior close while corn and oats posted small gains. provisions fell as supply pressure persisted. Shorts reacted to weather and harvesting concerns, with July options hardest hit.
MENTIONED IN THIS ARTICLE
Chicago
Diack
Provisiona
Naval Stores Market terse report from Savannah and Jacksonville
In Savannah and Jacksonville wholesale naval stores data shows firm sales and receipts for turpentine and rosin, with prices for various grades. Figures include shiploads, dock totals, and quotes for A and B grades, along with miscellaneous window glass and waterwhite listings.
MENTIONED IN THIS ARTICLE
Savannah
Ronin
Shiprmonia
Jacksonville
Flay
Ulock
Waters White
Live Stock Market Reports from Chicago and Saint Paul
July 24 cattle and hog receipts show mixed demand with hogs steady to higher in Chicago and Saint Paul. Cattle receipts include yearlings and native calves with prices ranging up to 10.60, while sheep and lamb prices hold firm. Western and Texas stock steers and cows show varied values, with market activity described as steady to uneven across regions.
MENTIONED IN THIS ARTICLE
Chicago
Nevelpia
Ned
Mons Pulse
Aes
Iain
St. Beauly
S. Jamby
Fenson City
Cailie—Reveipte
Weady
Southern Steare
Also Mentioned on This Page
War Specialty Group
Kaiser
Whia
Roartroad
Hich
Ralread
St Louis
San Francisco
Wabash Railroad
Amalgamated Copper Company
Tiret
Anaconda Copper “Company
Anaconda
South and Southwestern
Southern
Mist
Batel Cio
Gees Sr
Flere
Ock
Ria
Gut Bork
Hilbe
Federal Bank
Averag
15Th
Remurks
Cotton Belt
Ydn Herrmann
Bethlehem
Mercantile
ABA
St. Louis
Elwin
London Financial
American Tolmeco
Atchison
rOdde
Atlantic Coast Line
Abu Gow
Great Northern
Elise Hlinem Central
Sfet
Loutaville
Iggett A
Myers
Maxwell Motor Cn
St Louie
Kan
É& Texas
A Ie
Bart
Na Iincourt ‘Pacific
National Lead
York Central
N.Y
Ty Ory Cain
Folks & Westers
Northern Pacific Spa
Pennsylvania
Kansas City
Seaboard “Air Line
Brudebaker ‘Corp
Shy Southern Pacific
Southern Railway
Tennteses Copper Texas Co
Agi Texan & Bactrle
Union Pacific
Bate 108 Rubber ¢ Th Ae 120%, 12645 Dt Aoe Uw Z Biceles Bay
Utah
Cara. Chemical. Au
Stern” Union
Westinghouse
Saiea
Ve. S
U.S
American Tet, & Tel. Co
Baltimore & Ohio
Georgia
Consol
Sentral Genther
Chenapenka
Ohio
Win
Beaponra Air Line
Bay Southern Bell ‘Telephone
Southern Puottic Tw
Ee Arthary Southern Railway Js
Texas Company Do. Gen. Co. Fae
Virginia-Carolina Chemical
Chiegro
Range Board of Trade
Suaurdar
Guts
Sun
Sanday
Raturda
Cktya
Naval Stores
Charles’ J
Metetified Public Accountant
President Audit Company of the
South Hort Building
Alonzo Richardson & CO
Certified Public Accountants Empire Building