Bear Raids Ruin Sugar Stocks in New York Market
Bear raids hit sugar shares early in the day with American Sugar common and preferred plunging to their lowest levels in decades while other sugar stocks firmed. The market showed signs of a turn for the better though attention centered on regu lar dividends and talks of a potential trade dispute between American and the Federal. A federal reserve bulletin noted a modest May recovery with foreign trade still weak, and a plan emerged to liquidate surplus South American cargoes.
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New York
Sumatra
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Crucible
Federal Reserve Board
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Federal Reserve
Wall Street
Interiow
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Alcheneh
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Atlanta rubber goods plant to be built by Cotton States Rubber
The Cotton States Rubber Manufacturing Company, a new organization based in Atlanta, will produce a full line of mechanical rubber goods including packing, plumbers supplies, and vulcanizing repair stock. The venture marks a substantial manufacturing development for Atlanta as it establishes its industrial base.
MENTIONED IN THIS ARTICLE
Cotton States Rubber Manufacturing Company
Atlanta
Rubber heel firm forms in Atlanta with Reiter president
A new rubber goods company in Atlanta announces its formation with George J. Reiter named president. J. B. Andors and W. S. McKemie serve as treasurer and key owner, leveraging South American rubber and cotton fabric imports via New Orleans to cut freight costs. Operations planned within four months. The firm will produce women’s footwear using exotic animal skins for trimming and design.
MENTIONED IN THIS ARTICLE
George J. Reiter
J. B. Andors
Atlanta
W. 8. McKennie
Crust Company of
Georgia
Mr. McKemie
Investment Company of
South
Sanitary Plumbing Company
New Orleans
Shoes Wear Longer Comforts In Shoes By Allen's Feet Ease
An old advertisement-style notice promotes Allen's Foot-Ease antiseptic powder to shake into shoes each morning for comfort and longer wear. It claims the product preserves shoe life and prevents foot odor, urging readers to buy at local stores.
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Allen
Tadlea
Market Fluctuations Edge Stocks and Rates Amid Speculation
The New York market saw an eight percent call loan rate and lower Liberty bonds as speculation persisted in oils, tobacco and feather stocks. Call money peaked near eight percent, with funds scarce due to big flotations and reserve reductions. London and continental rates fell, while domestic issues moved variably. Total sales reached 13,775,900 par.
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New York
Liberty
Banke
Pittsburg
Columbia Graphophone
Exchange On
London
Bank of England
Biggest Wheat Heads Grown in Atlanta Field
Thomas H. English of Atlanta claims a remarkable wheat head growth on his seed planted last year. A head measures 8 inches, with 130 kernels, and local farmer George S. Mitchell estimates potential 60 bushels per acre.
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S Franklin Yeager
Buenos Aires
Great Northwest
Great
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Ramases II
Cheops
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Cairo
Egypt
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Atanta
Thomas H. English
Tom
Gresham Street
Geome Splendid
Tommy Jones
Sue
George 5
Mitchell
Clayton County
Meeting Arranged for Georgia Baptist Hospital Plans
A called meeting of the hospital committee of the Georgia Baptist convention set Septem ber at the Piedmont hotel to receive propositions from those wishing to participate in the hospital endeavor. Proposals may be sent to Dr. J. M. Long, Georgia Baptist hospital, Atlanta, Ga. A caterpillar will in the course of a month eat food weighing 6,000 times its own body.
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Georgia Baptist Convention
Piedmont Hotel
J. M. Long
Georgia Baptist Hospital
Atlanta
Market Summary From New York on June 2
Industrials and New York mercantile paper show weakness while exchange and bills display varied rates. Cables and demand figures for major currencies including francs drape declines and gains. government bonds are easy and railroad bonds irregular. Time loans firmer at 7 percent for 60 days, surdays, and six months.
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Marké
Greece
Sweden
Dimant
Norway
Montreal
Bullish figures lift grain market to new high
Chicago reports export demand and strong crop estimates driving wheat to a season high. July wheat hits record levels with corn and oats mixed as traders assess supply, exports, and government yield projections amid a volatile market.
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Chicago
Seaboard
Kansas City
al lx
Kansas
Holland
Liberty Bonds tumble as market eases on rate news
New York stocks see declines as Liberty bonds and Victory notes retreat after fears of Federal Reserve rate cuts. Liberty 2 3/4s rebound late but stay near prior lows with mixed action across related issues. London silver and U.S. metals prices show modest shifts while futures trade unevenly.
Cotton crop condition at 66 percent of normal in May
The Agriculture Department reports the May 26 cotton crop condition at 66 percent of normal, up from 62.4 a year ago and below the ten year May average. State figures show varied conditions, with revised data indicating area under cultivation at year end near 37.0 million acres and a yield of about 178 pounds per acre.
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Tos
Washington
Department of Agriculture
Agra
Virginia
N. Corolina
Arkansas
Tennessee
California
Arizona
Bank of England Weekly Reserve Report Notes Changes
The Bank of England weekly statement reports reserve shifts and rate details. It notes increases in currency circulation and public deposits, declines in some assets, and a reserve ratio of 11.83 percent versus 14.78 percent last week.
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Bank of England
London
Wederal Reserve Bank of Atlanta
Clite of Business
Ailver
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Pittman Acty
Bank Premisce Aes Fieer Cent Fund Gpolnst Hank
Paris
Bank of France
Tve
Fragmented OCR Summary of Shipments and Steck Dons
Incomplete text fragments mention shipments and a person or entity named Steck Dons. Details are unclear on dates locations or outcomes. No coherent event or actions can be established from the readable segments.
Government crop report fails to stir cotton market in New York
New York June 2 government crop report failed to stimulate cotton trading with narrow fluctuations. Prices eased then rallied. Oct and Dec slipped before recovering. Acreage up about 1.6 million acres from last year’s estimate, per government figures. Local traders note potential for a better crop if growing season improves. Liverpool remained open, but U.S. spots steady with slight declines.
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New York
Wall Street
Commission House Longs
Liverpool
Prices Lower At New Orleans Cotton Market
Prices fell in New Orleans trading amid favorable weather and a robust crop condition report. July and October futures slid while spot cotton remained quiet with modest sales and steady quotes, reflecting a holiday observance and market caution.
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New Orleans
England
Liverpool
Peices Ensy
Fatares
Professional Views On Cotton Situation In 1920
New Orleans report notes this year's cotton early conditions are poor, with yields per acre likely to be worse than recent years though some results may be better. Government and private estimates foresee a 25 to 30 percent drop in yield and reduced fertilizer use, with weevils and heat threatening the remainder of the season.
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New Orleans
B. & B. Beer
New York
Cotton Market Roundup Across U.S Ports
New Orleans reports mixed middling prices with receipts and exports listed across ports including Mobile Charleston Norfolk and Baltimore. The weekly totals show rising receipts and exports with steady stock levels as New York and Liverpool note firmer prices. Chicago and St Louis fronts cover cattle hog and sheep with mixed gains and quiet trading.
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Foss
New Orleans
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Iveston
Mobile
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Willington
Stoke
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Boston
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Metal Trades Group Joined National Chamber of Commerce
The Southerns Metal Trades Association, based in Atlanta, has been notified of its election to membership in the National Chamber of Commerce. The move will allow the metal trades group to express views on legislation and other issues through the national body, whose duty is to gather opinions from associations nationwide.
MENTIONED IN THIS ARTICLE
Southerns Metal Trades Association
ingAts Janta
Iti
T National Chamber of Commerce
The
Metal Trades, Association
National Chamber of Commerce
Plans Completed for Negro Outing at Laker Wood Park
Plans for the fourth annual outing of Atlanta’s colored community and nearby cities proceed at Laker Wood Park on Monday. Speeches by local Negro educators address progress of the race. The program includes the K of P band, school student participants, and a motorcade by top local riders. Estimated attendance reaches thirty thousand with Budweiser backing mentioned.
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Atlanta Educational Charitable and Festival Association
Atlanta
Lakerwood Park
Wil Conalat
Rae Hali Ware
Horace Blanton
South
K. of P. Bana
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