Railroad Stocks Feature Day Trading in Market
New York reports rail stocks leading today’s market with several new high price marks. Industrials and specialties show weakness as bear raids unfold and large holders liquidate. Northern Pacific stands out with a dividend backdrop and speculation on price. Sears Roebuck reports July sales drop and operating loss. steel products edge down with forecast of a near term price cut. Federal reserve reserve ratios rise while bank statements attract attention across districts.
MENTIONED IN THIS ARTICLE
New York
Houston Oil
International Paper
Sears-Roebuck
United Fruit
Worthington Pump
Mercantile Marine
Northern Pacific
Atchison
Southern Pacific
Northern Pacfic
Atchison and
Northern Pacifica
Howard Elliott
West
Federal Reserve System
Wall Street
Richmond
Atlanta
Minneapolis
Dallas
Ever
Erev
Hige
Close
Allied Chem
Syltivate Steel Ave
Sae
Missouri Pacific
New _York Central
I. H
Hertford
American Inter. Corp
Pan-American Petroleum
Amer
Smits
Pennsylvania
Eas Ehetar
W. Va
Sumatra
American Tel
Aenk
Atchison Siger
Atlantic
Golf
West Indies
Loula
San Fran
Baltimore and Baldwin Locomotive
Seaboard Air Line
Bethlehem Steel
Canadian Pacific
Shell Trans
Trad
Chicago
Ail
Chesapeake
St. Paul
Southern Railway
Pid
Chino Copper
Biandard
Coca
Rtodebaker Corporation
Gelovade
Texas Tennearee
Texas and Pacific
Grice ‘Steel
Née Sagar Ae
Talon Paeltie We
General Aranhalt Fee Rai
United Frithia
General Electric
UTA
General _Motora - Ind
Gulf States Steel
United States Rubber
Illinois
United States
Inspiration Copper
United States Steel
Ico
Int. Mer. Marine, Pte
Snap
Willys Overland
Mexican Petroleum
Une
Miami
Cotton market slips but buys back gains amid weather shift
In weekly New York reports cotton prices eased to month lows on firmer weather and selling pressure. Seven private crop reports show an average 18 point decline, with two New Orleans houses near government figures. bellwether mills in the North resume night hours as demand for ginghams rises and spinners reduce time. Authorities peg next government condition around 67.5 with about 8.8 million bales. Exports remain liberal though many deals reflect old sales or consignments.
MENTIONED IN THIS ARTICLE
New York
New Orleans
New England
Manchester
Texas
Georgia
Alabama
York
Neill
Hubbard Bros, & CO
Naval Stores Show Large Production Rise in 1920 Season
Washington reports naval stores output rose over a quarter in the 1920 season ending March 31, with higher on hand stocks and lower exports. Production totaled 485,545 casks of turpentine and 1,098,000 barrels of rosin, with reclaiming by plants raising further tonnages. End-year stocks and consumer holdings also increased while export volumes declined. New York reflects broad trade lull amid mixed crop outlook and ongoing appetite for grain, especially wheat, in Europe.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
New York
Bradstreet
L2sa
Europe
Wage Conference Held in Macon by Traction Men
In Macon Georgia on July 29 a wage conference between a Streetcar men committee and the Macon Railway and Light company opened to discuss renewing the wage scale due August 1. Previous negotiations ended in a strike two years ago, leading to a fare rise from five to seven cents. Spokesmen expect to avoid tactics of the prior dispute and reach an agreement.
MENTIONED IN THIS ARTICLE
Macon
Macon Railway and Light Company
McDonald Wins House Seat After Mitchell County Reapportionment
Camina Ga July 29 Special H A McDonald defeated BK A Rawlid by an overwhelming majority to secure an additional representative from Mitchell county per recent reapportionment. A compulsory education law also passed requiring instruction for boys and girls between six and fourteen years.
MENTIONED IN THIS ARTICLE
Camina
H. AL. McDonald
BK. A. Rawlid
Mitchell County
Pert
Albany
G. R. Nottingham
Dougherty County
Nottingham
Hufstetler
Thomson
G. B. Williams
Train Collision Injures Driver and Rider Near Dublin
W E Brown traveling representative for the American Agricultural Company and Clifford Shell Dublin taxi driver escaped death when their car was struck by a southbound M DD and passenger train at Fuller's crossing several miles below Dublin. Both men were treated at Dublin sanitarium. Shell sustained severe scalp wounds and minor injuries, Brown was badly cut and shaken. The car was demolished and the pair did not hear the train until it was close.
MENTIONED IN THIS ARTICLE
Dublin
W. E Brown
American Agricultural Company
Clifford Shell
Fuller's Crossing
Dub- Yin
Dub- Unn
Shell
Brown
Mother and sister hear news of Columbus
Valdosta Ga July 29 special two telegrams about Hat hira postmaster Ben L Cumbus now located in Los Angeles amnesia after disappearing from Haira. Telegraphs say he is under treatment at Crocker street hospital and that government officials will ensure care. Cumbus wrote to his mother of several brief amnesia attacks. University women in ten countries form international federation with Britain and America. 20 000 to 25 000 students and teachers enrolled in New York City summer sessions.
MENTIONED IN THIS ARTICLE
Valdosta
Hathira
Ben L. Cumbus
Los Angeles
Cal
Haira
Mies Louise Cumbus
Mies Cumbus
Cumbus
Crocker Street Hospital
W. C. Lankford
Womens of
Great Britain
America
Stock Markets Falter Amid Short Selling Thurston
New York July 29 stocks weakened by short selling as vauldation renewed. Shippings led losses with United Fruit and Mercantile Marine preferred offered. chemicals and papers slid, while metals held firmer. Call money rose to 4.5 percent and foreign exchanges fell. bonds posted gains on enlarged operations. Copper and tin traded unevenly as livestock markets showed slight declines and cattle receipts rose.
MENTIONED IN THIS ARTICLE
New York
Halla
United Fruit
Mercantile Marine
Czecho-Slovakia
Poland
Prime Mercantile
S@GK
Bnks
Greece
Sweden
Norway
Argentine
Montreal
Eney
Maritime Movements and Arrivals Across Ports
A lengthy dispatch lists arrivals and sailings of numerous ships at U.S. and international ports, noting vessels such as Bowdon, Viking, Auguste Federezino, I. F. Dimock, and Zeelandia among others. It also records destinations including New Orleans, Galveston, Rotterdam, Cardiff, and Liverpool with dates ranging July 7 to July 29.
MENTIONED IN THIS ARTICLE
Molite
Ala
Bowdon
Port Sarriog
Urrunswick
Orleans
J. W. Somerville
San Leon
Africa
Viking
Nor
Frontera
Cape Romain
Prcific
I. F. Dimock
Port Utrrios
Frederick Luchenbach
Pacific Coast
Tuscan
Havana
Bremen
Waxahachie
Galventon
Hans
Galveston
Rotterdam
Saguache
New Orlean
Zeelandia
Corrunna
New Orleans
Valparaiso
Hancock County
Lantington
Sherpool
Nubian
Corunna
Hollandia
Wheat declines on large stocks in Chicago market
Chicago leads wheat slide as accumulating stocks and weak export demand push prices lower amid 700-car receipts and heavy Kansas City arrivals. Corn and oats drop, provisions ease. domestic crop hopes and German drought news briefly lift futures before renewed selling.
MENTIONED IN THIS ARTICLE
Kansas City
Bears
Chicago
Brazil
Europe
Germany
Kennedy Leads Race for House in Laurens
Dublin Georgia July 29 Jerome Kennedy leads the ticket for representative by a 487 vote margin as three districts remain uncounted and Dublin votes are light. L Q Stubbs is expected to carry Dublin, A McCook runs third. county turnout remains low despite campaign interest.
MENTIONED IN THIS ARTICLE
Dublin
Jerome Kennedy
L. Q. Stubbs
Kennedy
A. McCook
Howard Elected to House in Screven County
Sylvania Ga July 29 Special. In Screven county's election for a second representative H L Howard won against W J Walker by a majority near 200 votes. About 00 ballots were cast in the contest.
MENTIONED IN THIS ARTICLE
Sylvania
Screven
W. J. Walker
Light Showers Bring Cool Air to Thomasville Area
Thomasville and Thomas County report daily showers that stay light and cause little damage. Roads remain unrepaired from heavy rains earlier, while the showers help keep the air cool. Mrs. R. T. Berens, just past 78, holds England's archery championship with a perfect 98 of 100 bull's-eyes.
MENTIONED IN THIS ARTICLE
saNoMasville
Thomasville
Thomas County
R. T. Berens
England
Log rolling plan discussed by Woodmen of World units
Waycross and Valdosta Woodmen of the World groups held a joint meeting in Waycross July 29 to set entry fees for an old-time log-rolling event. The event is to be staged in Bainbridge in September with about 25 Valdosta members as guests. A parade and social hours followed, ending with a feast at the Willard hotel.
MENTIONED IN THIS ARTICLE
Waycross
Valdosta
Bainbridge
Royal Camp
Mar Hall
Ew Willard Hotel
Increase in Leaf Tobacco Stocks Reported
Washington on July 29 reports leaf tobacco held by manufacturers and dealers on July 11 totaling 1,572,017,169 pounds, up from 1,452,962,024 a year earlier. Chewing smoking stuff and export types rise to 1,235,156,013 pounds from 1,013,719,084. cigar types to 359,094,774 pounds from 350,692,925. imported types to 277,? egg pounds versus 83,? last year.
MENTIONED IN THIS ARTICLE
Washington
Cotton Prices Rise on Bullish Crop Reports
New York and New Orleans cotton markets moved upward on bullish crop news. Prices for October and December rose as reports from Texas and the dry goods district supported gains despite early pressure. Spot cotton in New York edged higher with expectations of government support and financing to prevent an early flood of cotton.
Shorts Advance New Orleans Cotton Market Pulse
Short positions boosted New Orleans cotton futures today lifting prices 5 to 7 points at open with gains of 11 to 18 points by close as private reports and Liverpool cables suggested mills could run freely. Weather stayed dry across the belt and spot cotton in New Orleans remained quiet with modest arrivals and mixed middling prices.
Cotton quotes and movements across port cities and interior
The report shows midling cotton prices and daily movements in ports including Fort Rew Oceanss, Mobile, Savannah, Charleston, Wilmington, Philadelphia, York, and others. It lists receipts, exports, sales, and stocks by city such as Galveston, Memphis, Augusta, St Louis, Atlanta, Fort Worth, and Dallas with totals for today, the week, and the season.
MENTIONED IN THIS ARTICLE
Fort Rew Oceanss
Eales
Galveston
Ie Mobile
Savannah
Charleston
Ing
Witingtos
Sihadelmnia
York
Porte
Hoirston
Memphis
Midaling
Augusta
Bt. Louis
Stock
Allanta
Attle Rock
Egoelt Boos
Dallas
Midd Bs
BNES
Liverpool Cotton Prices and Trade Figures Summary
Liverpool cotton market notes fluctuating values for Rattan Dysews and doll types with prices listed. Sales totaled 8,000 bales with 2,900 American and 8.69 noted in figures. Total base statistics show 44,000 bases, 35,000 American, exports 4,000, import 43,000, with complex internal indeloxings and July figures.
MENTIONED IN THIS ARTICLE
Liverpool
Dysews
Bank Clearings And Quotations Of Local Markets
Bank clearings and quotations of local markets are reported for Friday last year with a decrease. Atlanta quotations show spot cotton market figures, including midling prices and receipts in bales and shipments, Brock.
MENTIONED IN THIS ARTICLE
Atlanta
Brock
Atlanta Cotton Seed Market Quietly Slightly Steady
Atlanta quotations for cotton seed products show a steady but uneven market with basis primes and tank lots. Prices listed include 7.00 to 37.00 per unit for various forms, with adjustments for hulls loose or in sacks and first cut high grade offerings.
MENTIONED IN THIS ARTICLE
Atlanta
Socom
Ship Officers Pay Reduced by United States Shipping Board
Savannah Georgia July 29 effective August 1 the United States shipping board will cut wages of shipmasters by ten percent and mates by fifteen percent. Labor on vessels laid up will fall from 40 to 36 cents per hour. Masters of class A vessels drop to 870 dollars monthly while fleet mates fall to 205 dollars monthly with other cents adjusted accordingly.
MENTIONED IN THIS ARTICLE
Savannah
United States Shipping Board
Fieet
Fifty Peach Cars Sent From Woodland
Woodland Georgia July 29 Special The peach season in this section virtually came to a close yesterday with the last car bound for New Orleans this afternoon The car was the final shipment of cling stone peaches locally known as Woodland Clings Sold at a fancy price Fifty cars have been shipped this season all from young orchards and growers realized good prices.
MENTIONED IN THIS ARTICLE
Woodland
New Orleans
Chicago Federal Reserve cuts rediscount rate today
Chicago Federal Reserve Bank reduced rediscount rates effective tomorrow. The new rate is five percent for discounts of all classes and for member bank promissory notes up to six months maturities. The old rate averaged six percent.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Federal Reserve Bank
Atlanta Man Re-elected Head of Cotton Buyers
At the North Georgia Cotton Buyers Association annual meeting at the Piedmont hotel the officers were re-elected for the ensuing year. C. B. Howard of Atlanta remained president with officers including John D. Moss Athens vice president C. W. Smith Cedartown vice president W. C. Jones Elberton vice president C. V. Truitt Grange vice president E. B. Ehney Atlanta vice president J. Eblin Atlanta secretary and treasurer. The group recently secured twelve months life on expense bills for cotton at concentration centers and extended such bills to December 31, 1921.
MENTIONED IN THIS ARTICLE
North Georgia Cotton Buyers Association
Piedmont Hotel
C. B. Howard
Atlanta
John D. Moss
Athens
C. W. Smith
Cedartown
C. Jones
Elberte
C. V. Truitt
Ba Grange
E. & Ehney
J. Eblin
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R.L. Barnum
Traction Men
M’donald
NEW York Stock Exchange
Money Market
London
Oaenaem
Liberty Bonds
Bis
BRO
Victory Bays
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Swift & Co
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Atockern
NEW York Bonds
U. B
U Panama
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Atlantic Coast
Baltimore & Ohio Co
Rethlehem Steel Vet
Central of Georgia
Central Leather Ja
Cheganeake & Ohio
St. P
R. 1
Pac. Ry
City of
Illinois Central
Inter
Marine
Southern
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BO Loulaville
Navaville UN
Tasouri, Kran
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Norfolk & Western Ev
Gaos
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Mi Reading Ken
Lownie & San Fran
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Seahard Air Line
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Clemton
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Sand Rey
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Quistcon K
Tmelen
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Taladiar
Devolente
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Mingues
Houma
Dalworth
Eugene VT
Thayer
Law
Ae Brit.Am
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Paipoise
Wayne Coal
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Elk Dosim
Glenreck
Merritt
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Berlin
Imperial Bank of Germany
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Thorley
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St. Touts
Eptember
Indy
Tbs
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el Oriente
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Glabarien
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Jacksonville
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Howard
Thomas
American Exchange
American Cotton and Grain Exchange, Inc
Tow
Cables
Conditton
Oreang
Banufactorera Ala
Ang
Santos
Bio
Brasil
Shorts
Certons
Henry L. Doherty & Co
Hester’s Weekly Cotton Statement
Wycross
Okefenokee Swamp
Edward
BOSE
Sea Island
Jnuly
Sea Islands
Eerie
SG Bees Vee
N .Pryor St
Smoke Stachelberg
Jesus Christ
wWhitehall
White- Gordon Street
West End
Mer
Ball Terrace
W. Reid
M. Bilmxon
Calvin Avenue
J. W. Stokes
Gapiter
E. A. ‘Thomas
Ind
Ponce de Zeon
Merron
Georgia Avenue
Grant
Hobert Ivey
Harris Street
W. Z
Tomen Perk
Egdeewoot Avenue
Druid Circle
Johnson, Moorerial
Lackie Street
Ww. Th
Peachtres Road
Buckhead
D. Stevensom
Ormewood Fark
A. BH. Howland