Stocks Show Improvement At Opening Of Week Trade
New York July 25. Wall Street opened with improved sentiment as officials return from abroad reporting a better Europe and expected seasonal trade upturn. Railway stocks and sugar shares rose while tobacco and railway equipment moved wildly. Talks favored Kelly Springfield Tire amid tire shortages and hot weather. Akron data show 8,653,983 cars registered nationwide, up 218,819 from last year. Gold shipments totaled 3,567,000 over the weekend. Discussion of Cuban government aid to sugar finance surfaced, with proposed loans of 50.9 to 75 million depending on U.S. backing. The American Railway Association reported an idle car surplus increase of 2,525 for the week ending July 15, reflecting weak coal car demand. Grain shipments were poised to rise, with western harvests noting car shortages and projected weekly grain movement surpassing the prior record set August 10, 1918.
MENTIONED IN THIS ARTICLE
New York
Roberts
National City Bank
Europe
Russia
Kelly-Springfield
Akron Chamber of Commerce
Wall Street
Cuba
Washington
American Railway Association
Savannah School Bill Wins In Committee
In a shortened session the Education Committee endorsed Representative Valentino's Savannah bill with amendments allowing a local election on the school board. The measure would let voters decide whether to retain the current board or appoint a new one. Others bills were postponed due to lateness.
MENTIONED IN THIS ARTICLE
Herbert Clay
W. Decil Neill
General Assembly
Committee On Education
Valentino
Savannah
Board of Education
Chatham County
University of Georgia
Senate
Alvin Golucke
Alleged cancer specialist given 12 months term
Arthur G Grenoble an alleged cancer specialist indicted for practicing without a license pleaded guilty in Fulton County Superior Court. He was sentenced by Judge John D Humphries to pay a $500 fine and serve twelve months on the chain gang and three months in county jail. The case stemmed from claims by F B Freeman that Grenoble treated his wife without helping her. Two related indictments were nol pressed. Grenoble admitted lacking a license and claimed education in Worcester Massachusetts and practice in France and Cuba. He alleged he used a serum injected into the arm.
MENTIONED IN THIS ARTICLE
Arthur G. Grenoble
Superior Court
Caive
John D. Humphries
F. B. Freeman
Peck Building
France
Cuba
Grenoble
Bills Introduced in Senate Monday
A late 19th century senate list shows multiple bills introduced Monday across committees. Topics include appointing administrators under certain circumstances, amending election return laws, changing county site election rules, prohibiting sewer discharge into water sources, fixing sheriff fees, nursing board creation and regulation, temperance day in schools, life insurance bond valuation methods, and recording of legal papers.
MENTIONED IN THIS ARTICLE
Senate
Thomas
Golucke
Haralson
Fortath
Bond
Fleming
Aiken
Georgia
Johns
Alken
Senator Johns
New Ship Delayed on Maiden Voyage
The United States Shipping Board steam ship American Bexton departed New York for Rio Janeiro on its maiden voyage but put into Bermuda due to a broken feed pump. Munson Line, operator, was advised. Munson said repairs would take under a day.
MENTIONED IN THIS ARTICLE
New York
United States Shipping Board
American Bexton
Rio Janeiro
Hag
Bermuda
Munson Line
Munson
Death of Deputy Yarborough and liquor raid linked case
J Yarborough of 666 Capitol Avenue dies as police seek the slayer after a liquor runner fires three shots. Two suitcases of liquor found in one car, with cars and liquor confiscated. Milam reported a near miss and earlier whisky seizure on Courtland street. Deputy Yarborough, praised for bravery, is survived by his widow and children, with arrangements pending at Poole’s.
MENTIONED IN THIS ARTICLE
J. Yarborough
Capitol Avenue
Yarborough
J. J. Milam
Courtland Street
Vv. J. Jr
Roy
W. VY. Yarborough
Mauk
Atlanta
Tive Sisters
G. J. Laming
St. Louis
P. A Bridges
Greensboro
Society Formed By Picture Play Writers Here
Atlanta scenario writers have organized their own society with W. B. Ramsey as president. Other officers include Mrs Beulah Rose Tavens as vice president Miss Mary Thomas as secretary Miss Peggy Gaddis as publicity director and Miss Marie Anneberg and Howard J. Brown on the program committee. They work under the educational department of Palmer Photoplay Corporation of Los Angeles dubbed the University of the Screen. Several writers have promising stories underway.
MENTIONED IN THIS ARTICLE
Atlanta
W. B. Ramsey
Othr
Beulah Rose Tavens
Mary ‘Thomas
Peggy Gaddis
Marie Anneberg
Howard J. Brown
Palmer Photoplay Corporation
Los Angeles
Cal
University of the Screen
Capture Reported Of Alleged Jewel Thief Sought Here
Mrs Gladys Marie Howard, 28, famed pennyweighter and jewel thief with a New York to San Francisco record, is reported held in Memphis. She allegedly stole a valuable diamond from an Atlanta jeweler by admiring diamonds then swapping a real stone for an imitation and departing, often unseen for months. The ring was later recovered.
MENTIONED IN THIS ARTICLE
Gladys Marie Howard
New York
San Francisco
Atlanta
Memphis
Failure Announced On Stock Exchange
New York July 25 The failure of the firm of Chandler Brothers and Company was announced from the rostrum of the stock exchange today. The firm is a member of both the New York and Philadelphia exchanges with offices in Philadelphia.
MENTIONED IN THIS ARTICLE
New York
Chandler Brothers and Company
Stock Exchange
Philadelphia
Edwin J. Gilfillan
Cornelius Haggerty, Jr
New York Stock Exchange
Prices of Stocks Show Strength on Opening Trade
New York July 25 reports a fair measure of activity and strength in stocks, led by steels, equipment, rubber, sugar and tobacco, with sentiment improving for overall conditions. Despite some weakness from a brokerage failure and earlier gains offset by later drift, bonds and industrials showed modest gains while call money rates rose.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Philaelphia
Sailings and port arrivals and a receivership note
A lengthy shipping list from Mobile and Port Ente records arrivals at multiple ports including New York, Galveston, New Orleans, and Antwerp, with numerous vessels named and destinations listed. The text closes with a notice that Chandler Brothers and Company failed, and Edwin J. Gilfillan and Cornelius Haggerty Jr. were appointed receivers.
Money Market and Liberty Bonds Report
New York financial notes show call money easing at the ruling rate 5 percent, with time loans steady for 60 days and six months at 6 percent. Liberty bonds quoted with various series values, while London money markets report bar silver at 38 1 2 per ounce and discount rates on short and three month bills at 4 1 2 and 4 3 4 percent respectively.
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New York
Guy Vo
Prune Mercantile Paper
Tae
France
Guilders
Lize
Cablea
Greece
Sween
Norway
Montreal
London Money
Tomon
Local Market Bank Clearings And Quotations Reported
Bank clearings and market quotations from a local report show values for a Monday. Figures include 6,220,328.53 and 416,152,159.74 with Decsensa noted and dated references from last year.
Atlanta Cotton Seed Market Quotations and Prices
Quotations from the Atlanta Cotton Seed Products Market show bids and offers for linters and cake. Prices noted include 7.25 to 7.50 for certain cake grades and linters described as clean mill run. Partial OCR fragments mention spot cotton market terms and commodity identifiers.
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Atlanta
Bovis Atlante
Bala
Wnomdnal
Lintern
Linters
Tete
Nowinal
Debt of Forty Cents Triggers Killing in Cairo
Cairo Ga July 25 A quarrel over a 40 cent debt led Emory Daniels a local Black man to shoot and kill Elio Atkins another Black man near Hamp Walden ten miles south of Cairo. Five shots were fired but Atkins was not hit. A coroner jury ruled the homicide warranted by the debt dispute and Daniels faced murder charges.
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Cairo
Emory Daniels
Elio. Atkine
Berroes
Hamp Walden
Daniels
Atkins
Mid- Ment
Daniela
Gharles
Wheat Prices Rise on Foreign News and Export Rumors
Chicago reports show wheat closing firm amid rumors Belgium orders from Australia arriving out of condition. September and December futures mixed around a dollar. corn and oats varied while hogs and provisions mostly unchanged. New York coffee and sugar futures showed gains amid active demand and cash market strength.
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Chicago
Belgium
Australia
Hoover
United States
Europe
Cotton Market Slumps on Poor Weather Signals
The New York market showed a severe decline as traders priced in improving weather and weaker crop reports. Prices fell from Saturday highs with October and December contracts dropping about 42 points, signaling roughly six dollars per bale lower than early week levels.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Selling Breaks New Orleans Cotton
Heavy early and late day selling pressure pushed New Orleans cotton lower with October futures around 11.75 and losses of 40 to 45 points. Weak cables, government and private bureau carryover and condition reports, boll weevil damage claims, and anticipated dry weather fueled declines. Spot prices showed continued weakness with lower middling and a large stock figure reported.
MENTIONED IN THIS ARTICLE
Texas
Professional views on cotton situation
New York July 25 Special I my weather over the belt brought a lower Liver Pook this morning Our market declined in sympathy and worked ower following the callmate of Messrs J W Jay Co of 68.1 snowing 2.4 percentage decrease for the on the idea that the pen crop movement from Texas will be up to the market be fore the improvement in general business can reach a state where speculative and trade buying will have revived idently to ab sord these offerings While prices may work somewhat lower temporarily we see 10 reason to change our opinion that the con which Will eventually prove trafitapie w milly prove profitable Bombard Beos Co New York July 25 Specingj The weather over the Bait contend to occmte over the week end end the decline in the
MENTIONED IN THIS ARTICLE
New York
Ower
Messrs. J. W. Jay & Co
Texas
Bombard Beos, & CO
New York Firm to Aid Augusta Cotton Trade
The Independent Warehouses Incorporated of New York, allied with major banks, will take over part of Barrete & Co Inc’s space at Atlantic States Warehouse in Augusta. They will issue receipts for cotton stored there, boosting access to money backed by Augusta cotton stocks.
MENTIONED IN THIS ARTICLE
Augusta
Independent Warehouses, Incorporated
New York
Bank and Trust
Metropolis
Barrete & Co. Inc
Atlantic States Warehouse Company
Atlanta
United States
Weekly Report of Failures Shows Some Increase
The weekly insolvency tally rose with 371 U S failures last week, up from 324 the prior week, and well above the 160 from a year ago. Insolvencies of $5,000 or more reached 201, with a higher 64.2 percent ratio for $3,000 or more. Regional increases appeared in the east, south, and Pacific coast, while Canada showed 41 defaults versus 49 prior week. Bank clearings fell about 25 percent across twenty U S cities, signaling continued business restraint.
MENTIONED IN THIS ARTICLE
United States
R. G. Dun & Co
Pacific Coast
Canada
Dan
Commodity prices struggle amid mixed wholesale trends
The report notes persistent price resistance with a general downward tilt, 61 recessions versus 36 gains in Dan's Review, and weekly clearings 36.3 percent below 1920. Grain irregularities appear from heavy receipts and cooler weather, while beef and sheep show little change. Provisions rise, butter and eggs fall, cheese up, and metals and textiles show weakness with liquidation near end. Leather and hides firm while leather market turns positive.
MENTIONED IN THIS ARTICLE
Dan
Iran
Ateel
Harding Discusses Taxes With Fordney
Washington July 26 President Harding met with Chairman Fordney of the house ways and means committee to discuss the tax program. He indicated only broad policy guidelines and said he would rely on congressional committees for details. He hoped for rapid shaping of the legislation.
MENTIONED IN THIS ARTICLE
Washington
Harding
Foxiney
House
Ways and Means Committee
Congressional
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