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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Atlanta Constitution

Location

Atlanta, Georgia, United States of America

Date

Jun 14, 1923

Page

9

Liquidation Drives July Cotton Contracts Down in New York

July cotton futures fell sharply as liquidation moved long positions to later deliveries, pulling July to 27.80 and closing near 27.04 while October slid to 21.0% and other months followed a softer trend. New Orleans also reported heavy liquidation with July dipping to 23.05 to 28.07 and spot markets marking declines amid mixed weather and demand signals.

New York TS Patata Lierpool Spotsaley Liverpool Iineau Trowan Tongland Augusta Todas Atorha Pel New Orleans Longa Oklahoma Texaa Ammnd Intercam Fly Mort Siar Hess

Market swings cited in New York Central dividend move

In New York, June 13 market saw erratic moves with the New York Central dividend at center stage as the stock jumped after news of a 7 percent rate, followed by a broad decline in many issues. Analysts note short covering and shifting tones ahead of further action. speculation centers on a potential upward move for Fr. I and related stocks.

New York N.Y FR. Co. SP Fr. I Feoner

Bonds Show Slight Gains After Higher Dividend News

New York stock quotes show slight gains after New York Central common stock declares a higher dividend. United States government bonds slip marginally and foreign issues fall a bit. Central lines rose over two points but closed 2-4 higher than yesterday. Third Avenue adjustments fell a point, Empire Gas and Fuel dropped 1.5, while many rails and mortgages firmed midday then eased.

New York New York Central Third Avenue Empire Gas and Fuel 7 United States

Cotton Market Report with Mixed U S Stocks

The report shows mixed middling prices and cargo receipts across cities including Norfolk, Baltimore, New York, and Atlanta. It lists receipts and exports totals, interior movement, and stock levels by city and commodity with various figures and abbreviations.

Rannah Parteston Witnring Norfolk Baltimore Moston Woveton Woometta Lonta Atlanta Aes

Market notes from New Orleans on June position and July

New Orleans reports indicate the July position was weakest with commitments limited and October down from the 400 point range. Caution urged on the short side for July delivery until June and July commitments are clearly satisfied. Market recovers slightly late. weather remains the main factor guiding forecasts by E B Norman & Co.

New Orleans Pelee E. B. Norman & Co

Bond market closes with mixed listings and price quotes

Trading notes show high and low bond prices across issuers like 6 Gt Northern, Liberty, and Lehigh Valley with totals in thousands. US government and foreign issues appear alongside corporate debentures from Indiana Steel, Central and Pacific interests, and utility bonds, reflecting a broad market but uneven activity and varied closing levels.

Dax Banda Gt Northern York Ama New York Stock Exchange Hudeon & Mon Liberty Humble O & DB Maberty Minols Central Uivnoia Central Mercy Indiana Forsiga Bordeaux Lyona Janel- 7 Voklote Czecho-Sloak Repub- Dale Lehigh Valley Dom Canada Liggett & Myers Ss Nisle & Nash Manath Susay Tikal Pbi Ausre Reger Gy French Republic Japan Midvale Munarker Ry & Oh Minn St Louis Ret Kingdom Konedom Italy Kithinds Kingdom of Sweden Montana Tower Ea Tae Contrent Tramwaye Parwlyone Medtr. da Col Ba Av Pabile Normvia Morris & Uo Atemblie Chile Eng Tel Milan Abs State of Queensland San Paulo Chicago Hiresil Menzil Tie Southere Amg BU Brazil Connious of Mercets Aimer North Lard Oregon Armour & Bma T & Fantel Velen Asuynard Park Seminal Kansas City Ponte Alegre Bug Val Vilirer Toi BiGel Hu Bilson Yen UD Vigway Belay Benington Bey Chi Altun Hugh al A St Saul QL Sinclair Gn Seeegeeerers UBH Mak & Mt Luul Sinclair Ma & St Punt Pouere Pacific Wats Ae Cuma Atuilwaya Denver & No Grande Bsa Danger Steel BT Dean Power Anc DuPont de Nemours The Casseseecsers Dentele Dagieste Westinghouse Klee General Electric Wickwire-Spencer Wien & OT Goodyear Tire Sa Wilson & Co Soodyear Tire Gaviias Giana Tranie Ry

Money Market and Foreign Exchange Rates Reported

New York money market shows call money easing to about 4 percent with steady liquidity and mixed collateral for 0 to 9 days. Prime commercial paper yields cited. Foreign exchange quotes list GB pounds near 4.6216 dollars, various European and Latin currencies with assorted cables and bills.

Great Britain Great Britain Demand, 4.62164; Cables, 44134; 6O-fay Italy Belgium Ermany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Argentina Brazil Montreal

Wheat Advances on Crop Reports

Chicago traders eyed a bullish shift in the wheat market on unfavorable crop reports from Kansas France and Illinois. July wheat rose to around 11 1 4 cents and September near 19 1 4 while corn moved up and oats eased. Late buying and ongoing shipping demand supported prices with a day end near session highs.

Chienge Gower Yat Fom Seaboard Winnipeg Fenner & Weane Chicago Kansas France Liverpool Ilinois Missouri Nebraska

Rome Girls Lead Shorter College Honor Students

Rome Georgia June 13 The Shorter College honor roll for 1022 23 lists many southern students with Rome contributing the most honors Officials note the citys large attendance at the college The awards include honor society election honor roll A and B lists and class year recognitions with multiple local students named and special prizes for art and literature

Rome D. J. Blocker Shorter College South Catherine Culnenper Meridia Mise Revecca Griffith Mayfield Lily Belle Frost Savaonah Garolloc Gray Locust Grove Claire Hanna Athena Hartwell Mary Ferry Madison Neta Selle Yearboro Moultrie Jessie Sutton Danbury Florence Turner Covington Mary Wartere Frances Wood Cedartown Bulan Wooley Vinton Annie Sue Wynne Washington Gladya Batley Dublin Missouri Bins Columbus Virginia Bradley Swainsboro Lucille Bruce Brimawick Mary Cree Gottney Louise Culpepper Home, Ga Mabel Davis Carolyn Gwyn Zebmion Lora Will Gammaxe Emeline Holland Ernestine Jervis Bernard Hattle Home Agnes Hell Calhoun Frances ‘ Bate Ismbel Joven Milledgeville Elizabeth Fusk Guntersville Aln Bernice Tracey Sylvester Buttolph Lois Ball O. Henry Ruby Thackey

Poultry and butter markets across New York and Chicago

New York June 13 reports mixed poultry and butter prices with a sharp drop in raw sugar futures in New York. Chicago notes broilers and roosters trading and butter values steady, while Atlanta lists local pork products and lard. Sugar futures show a large decline, refining prices mostly unchanged.

Chicago Towin Dutter Byu Epes

Turpentine and Rosin Prices and Inventories Report

From Savannah and Jacksonville market reports dated June 13 and June 18, turpentine firm prices range around 98 1 2 cents per gallon with receipts about 5.10 and shipments 155. stock 4,002. Rosin firm sales near 1,591 with receipts 1,801 and shipments 735. stock 160,290. Prices cited include 4.70 to EH and 4.85 for OE5.05, with several labeled price points and traders named in the text.

Chicago Port Fond Epringuin Jed Lamber Savannah Turpentine Secelpts Peccetee Bae Tecelpta Figo H Jacksonville Fin

Appeal Likely in Rail Dissolution Case, Government Eyes Supreme Court

Government signals an appeal to the U S Supreme Court over the federal court ruling in the Southern Pacific Central Pacific Union Pacific case as it weighs Sherman act implications. Discusses 1912 dissolution, 1920 Transportation Act, and ICC stance on mergers and control. Also notes Austrian bond oversubscriptions and syndicate profits in a related financial update.

R. L. Barnum New York Supreme Court Southern Pacific Central Pacific Union Pacific Washington Southern Pacific Union Pacific Eystem Interstate Commerce Comission Pacific Coast St. Paul Austria

Packers Start New Rates War Across Regions

Chicago June 18. The interstate commerce commission opened a hearing on John Morrell & Co petition from Ottumwa Iowa asking equalized rates on livestock and meats from interior points to the Atlantic coast. Sixty five packing firms in the middle west filed petitions seeking the same relief claiming meats rates are 30 percent higher than livestock rates hindering competition with eastern packers.

Chicago Interstate Commerce Commission John Morrell & Co. Packers Ottumwa Iowa Atlantic Middle West Morrell Company

Southern Bell to Vote Stock Increase at June Meeting

Southern Bell Telephone and Telegraph stockholders will vote in New York on June 19 to raise capital stock from 30 million to 50 million dollars. J M B Hoxney, first vice president, said the portion of the additional stock to be issued is not yet determined and likely only a part of the 20 million will be sold. The increase was recommended by the executive committee of the board of directors.

New York Erin de Hines Post & Flagg Southern Bell Telephone and Telegraph Company J. M. B. Hoxney Board of Directors

Woolworth Stock Holds Steady After Dividend Clarification

Daily stock feature from New York Globe notices Woolworth’s mild gyrations with steadiness after directors said no extra dividend planned. It notes past retirement of preferred stock costing 12 million and cash on hand 9,076,220, plus bank borrowings for working capital. Authorities report no new distributions while cash should liquidate bank and investment debts and support Austrian government bonds. Sustained trading shows market resilience amid reserve buying for bond deliveries.

Woolworth Bank Joana Banka Banda Leveda

Stone Mountain Road Improvement Underway

Mayor J. H. Griffin says work to improve Stone Mountain Road from the town to the mountain is being completed as rapidly as possible. The city government and DeKalb county roads and revenues officials are cooperating on the project.

Stone Mountain J. H. Griffin DeKalb County

Westinghouse Offers Employee Stock on Deferred Plan

Westinghouse Electric announces a plan enabling all employees to buy 20,000 shares of common stock at $33 per share with ten monthly installments and no interest. Subscriptions are for 1 to 20 shares, with dividends credited after August 1, 1923, when the plan starts. Participation is voluntary and nontransferable.

Westinghouse Electric and Manufacturing Company B. M. Herr

Artificially Reproduced Odor Elements in Lowers

The article notes that many odor-giving elements in lowers can be reproduced artificially, suggesting synthetic methods and materials may mimic natural scents. It discusses potential applications and implications for fragrance technology and product design.

Also Mentioned on This Page

Ton Steaily Met Thse Gadere Dutomue Parolel & Co Texan St. Tomarey Touisiana Noremug Daniel & Co Lily Lune Cenareau Cenaua Azo Consis F. D. Hayward & Sons FTN J. W. Jay & Co AISA Hecelpta T. S Wisconsin Minnesota Ab &i Alabama Bliss Triumphx Sonn Carolina North Carolina City Cobblers Vane AT Government Liberty OMI Treasury Aondia Cosin London Money London Munry St. Tania Catte Ono Kentucky Banana City Ateniy Rentere SOONG Stronz Weber Pont Yontavite Zam Strong Fla Eripts Hearien and Packers Fiehts Henry Rourghs W. MT. White, Jr Wine Trovision Co Nai St. Louis Metals Bivera Teresa Benoth Sappreech Cotton Papenth Bond Market Money Market Express Easler White Provision Company Abe Corfield Rockafield Pcoratsia Cabog Cairns Naval Stores Te Constitution Atlanta Bank Clearings Lannera Bureau of Agricultural Economics TS Department of Agriculture Cotton Quattier Service B. R. Cantler Fife Selma Ann New York Globe Fenner & Beane Atlanta Trot Co Atlanta National Bank Atlantic Tee Elec Lowry Bank & Trust Co. I Geo Mackbumn Go Westinghouse Anaconda Copper Mining Co American Brass Company Chile Copper Company National City Company North Broad St Walgat Southern Municipal Bonds Robinson-dumprhey Go Municipal & Corporation Bonda Atlanta, GA Wall Street New York Cotton Exchange P. R Duggan Urquhart
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