Railroad Shares Rally On Improved Earnings In New York
In New York a market roundup shows investment houses bidding for seasoned dividend paying railway shares on the belief that money will flow to such stocks as rates ease. Rail issues gain while some industrials fall on liquidations and rumors of reduced dividends. Bethlehem Steel declares its regular 1% percent quarterly dividend.
MENTIONED IN THIS ARTICLE
New York
Soall Street
Paris
Bank of France
Bank of England
Federal Reserve Bank
Private Crop Reports Put Price of Cotton Lower
New York July 28 Private crop reports which made an appearance in the cotton market today added to the belief the crop deteriorated less than expected this month. Prices fell 7 to 17 points on the day, with the October contract at 31.86 and December at 22.20, the market setting new low records for the month before later rallies from export covering. Spot cotton in New Orleans was quiet at 13 lower, with middling 11.00 and good middling 12.00, receipts 33,0753 and stock 444,107.
MENTIONED IN THIS ARTICLE
New York
Cotton Exchange
ett #ise
Prevatlon
Manchester
New Orleans
Vione
Glove
Jug
Fanti
York
Exchange, Inc
United Kingdom
Ae. Rayapgar
Bnais
Deliverien
Cotton Market Prices and Receipts Across Ports
New Orleans to Dallas and beyond report mixed cotton middling values with regional receipts shipments and stocks. Notable figures include New Orleans 11.00, Galveston 11.20, Mobile 10.25, Savannah 10.75, Charleston receipts 240 exports 16,000 stock 109,033, and totals for the day leading to 0,800 receipts and 120,860 shipments, stock 650,003.
MENTIONED IN THIS ARTICLE
Port Navemont
New Orleans
Galveston
HIG
Mobile
Savannah
Atock
Charleston
Wilmington
Toston
Houston
Memphis
Augusta
St. Louis
Atlanta
Tittle Rock
Dallas
Montgomery
Entes
Eeceipte
New Orleans Cotton Shows Net Losses
New Orleans July 23 reports a lower range in cotton values with a weak market opening. Prices fell 16 to 22 points from yesterday's close, October down to 11.83 and 10.3 percentJuly crop conditions. Short covering provided some recovery, but exports remained brisk at 41,066 bales for the day, 126,622 bales for the week. Weather maps showed generally dry conditions.
MENTIONED IN THIS ARTICLE
New Orleans
Shorts
Professional views on cotton market quiet pre-report
New York on July 28 reports a quiet steady market with traders adopting a watchful stance ahead of the bureau report due Monday. Liverpool bought a tile early. Philadelphia yarn houses show heavy sales. Connecticut mills see strong dress goods demand. Weather favors the belt with high Texas heat. unless the forecast changes, little price movement is expected before the report.
MENTIONED IN THIS ARTICLE
New York
Bureau
Liverpool
Philadelphia
Connecticut Mills
Texas
Hubbard Bros. & CO
Cotton Seed Oil Market Slips After Early Bullish Hike
New York traders reported a slight advance in cotton seed oil as bulls cited demand for hog products and crude oil, but prices reversed with cotton and pins, and sluggish buying power. Sales reached 6,400 barrels with time crude prices for several contracts shown.
MENTIONED IN THIS ARTICLE
New York
Bank of England Weekly Statement Shows Reserve Shifts
The weekly statement from London lists changes at the Bank of England. Total reserve decreased £3,000, circulation rose £59,000, bullion up £7,000, other securities down £4,274,000, other deposits down £42,850,000, public deposits down, notes reserve down £565,000, and government securities down £19,530,300. Reserve ratio to liability 2521 percent, discount rate 5 percent.
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Bank of England
London, Ly
Bank Af England
Washington
Federal Reserve Banka
Settlewanent Food T. Board
F. B
U. S
U.S
Pittman
Weakness Shown In Many Stocks On Market Decline
New York July 28 recurring weakness among numerous capital goods and equipment stocks marked today's trading. Major declines accompanied steady offerings in Railway, Steel, General Electric, National Fire and Pressed Steel Car with United Drug swinging from rally to loss before finishing up. Several issues including Pierce Arrow and Studebaker held gains as rails remained steadier while U S steel and other high grade issues showed occasional support.
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New York
General Electric
National Least
Etzel
United Drug
Pierce Arrow
Studebaker
Pullman
American
Baldwin
Fampus
United Fruit
California
Pacific and
Coalers
U. S
Banke of France
United Kingdoms
Bank clearings and quotations of local markets
Local market banking data shows weekly and day figures with a decrease from the prior period. The text notes a same day reference and a total around 736,268.28 with a code T2E207-71, indicating a ledger entry or report line.
Cale Money Drops to Lowest in Years
New York July 28 the rate for cash money on demand loans fell to 3 1 2 to 3 3 4 per cent on the stock exchange this afternoon. This is the lowest quotation for such accommodations in several years reflecting easier bank conditions and dullness in the securities market. Time money rates held at 5 1 2 per cent to 6 per cent for short maturities with lower rates only for high grade collateral. Atlanta Middling receipts and bale counts noted.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Atlanta
Halt in Exports Halts Wheat Market Decline in Chicago
Wheat prices fell after reports of a halt in export demand as Chicago quotes show declines across all months. Septembers traded around 1.25 and December near 1.27, with corn and oats also weaker, while hogs supported provisional gains. Local rains offset bullish drought signals from other states.
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Chicago
Seaboard
Iowa
Nebraska
Dee. Com
BO Bong AZ
Money Market and London Money Rates July 28
United States money markets show prime mercantile credit steady while call money eases. Rates for sterling, francs, guilders, lire and marks listed with various maturities and discounts. Liberty bonds close mixed. bank statement notes changes in Francs revenue, deposits and bills discounted. Local commodity prices cited for Chicago and New Orleans grain and rice receipts and prices.
Atlanta Cotton Seed Market Prices and Quotations
A fragmented listing of cotton seed product quotations in Atlanta. Includes prices for various seed grades and byproducts, with several illegible or garbled entries and company names such as Henry E. Doherty and Cities Service appearing amid the noisy OCR text. The readable items indicate nominal pricing across different categories and unspecified lots.
MENTIONED IN THIS ARTICLE
Atlanta
Basia Atlanta
Basia
Raptor
Gais
Seeyios
Henry £. Doherty
Allies Service
Ind
Bank of France Reduces Discount Rate
Parle reports the Bank of France cuts its discount rate from 6 percent to 6½ percent per day. The move signals tightening措施 in the French monetary stance amid domestic finance pressures.
MENTIONED IN THIS ARTICLE
Bank OF France
Grain products moving rapidly in volume
Washington July 2 grain and grain products are moving in greater volume than in the last three years according to a statement by the American Railway Association. Between time 4 and July 16 207051 cars were loaded with grain and grain products 67403 more than during the same period in 1920. figures reflect freight movement at that time.
MENTIONED IN THIS ARTICLE
Washington
American Railway, Association
Arainae
Sarreseuly Et Aero
Ponsa Nore Thor
Grain and food market notes from New York and Chicago
July 28 reports show wheat No 2 red around 31 to 31.4, No 2 hard near 128 to 131 cents, and corn No 2 mixed around 44 to 45 cents with white and yellow variants. Butter and eggs steady to higher in New York dairy, poultry markets mixed. sugar futures rise on Cuban sugar, refined sugar higher on easing transport, with July at 0.23 and September at 3.18.
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New York
Chicago
Ouly
Sigangee
Boulire
Beollters
Bt. Louis
Lackawanna Declares 100 Percent Stock Dividend
New York July 28 The directors of the Delaware Lackawanna and Western Railroad Company declared a stock dividend of 100 percent payable August 20 to stockholders of record on August 15.
MENTIONED IN THIS ARTICLE
New York
Delaware, Lackawanna and Western Railrad Company
a_aé_record
Coffee futures ease on weak Brazil mood in New York trade
Coffee futures in New York declined at open on weak Brazilian sentiment, then recovered slightly before closing mixed as September and December contracts showed small gains followed by renewed selling. Spot market firming for Santos selections supported some gains while overall receipts at Brazilian ports stood around 74,000 tons.
MENTIONED IN THIS ARTICLE
New York
Rio Ts
Rantor
Santos
Brazil
Jundiahy
Atlanta Fed reports district improves but still lags prewar
The Federal Reserve Bank of Atlanta notes year over year improvement in general business and economic conditions across the district, with production and trade near 1920 peak levels. It cites credit expansion in 1921, falling money value of goods versus last year, and rising wholesale activity despite price declines, plus agricultural and building trends in Georgia and the South.
MENTIONED IN THIS ARTICLE
Monthly
Business Review
Federal Reserve Bank of Atlanta
Federal Krserve Bank of
Atlanta
Keep Your Money in the South Investment Appeal
A promotional notice urges residents to invest locally in Southern securities like Miller 7% First Mortgage Bonds. It promises an 8% yield with semiannual interest and invites partial payment accounts to join the program.
MENTIONED IN THIS ARTICLE
Miller
Beach Figures Exclude Repair Costs on Old Buildings
The record lists amounts 120, Beach, 214, 253 in various currencies with a note that these figures exclude sums spent on repairs of old buildings.
MENTIONED IN THIS ARTICLE
Beach
Radavine
Teres
Coca Cola stock hits 35 for first time in months
Coca Cola stock reached 35 for the first time in months on Thursday morning, marking a recovery since its 1919 issue and a low in December 1920. Brokers attribute the rise to overall market improvement, with no organized buying or declared dividend.
MENTIONED IN THIS ARTICLE
Coca-Cola
Bethlehem Steel Declares Dividend
New York on July 23 Bethlehem Steel announced its regular dividend of 14 percent on both classes of common stock.
MENTIONED IN THIS ARTICLE
New York
Bethlehem Steel Company
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Hanover Square
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New York Cotton Exchange
Cincinnati Gas & Electric CO
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Cincinnati Gas & Electric Company
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