Demoralization Hits Market as Stocks Slump at Noon
New York June 13. Demoralization spread through the stock market at midday amid liquidation by large financiers and short positions. Several records were set for Great Northern Northwestern Pacific and United States Steel, with Steel Common hitting a new low for the year and near historic lows. A brief rally followed on short covering as rail and utilities sectors saw mixed results and bank stock activity showed modest declines.
MENTIONED IN THIS ARTICLE
New York
Great Northern
Northwestern Pacific
United States Steel
Federal
Warner
Stock Exchange
National Lead
Wall Street
Bank and Trust Company
First National
Natonal
Chase
Fifth Avenue
Guaranty
National City
Commercial Exchange Bank
BE. H. Gary
Syracuse
Gary
Southern
Western
West
S. Ds
Eel News
Panama Gs
American Smelting & Sig
3Merican Tel
Tel
Altenison
Atantic Coast Line
Tuure & Uhle ci
Poichem Steel
Btratte
Georgia
Nsol
Crostpeake & Uliig Ev
Chicago
Rhine
Qoint
MIL & St PB
Colorado South
Keller & Tito Grande
Republic Iron & Steels
SI St. Mig & San Iran
Fdj
Tay Seabonrit Air Line
Southern Hell Tel
Fe Blouthern Pacific Cy. Ss
Tyouthern Railway
al Southern Allway
Ta . Oy
Texas & Paelfic Lst
Ion Pacific
United Kingdom of G
He Kt
Ws Bteel Sry
Wabash Tat
Virginia-Carolina Chemical Os
Bid
Wilson & Co. Ev
Armour Ts. Va
Atlantic
Tih Telgian
Delgian
Daponesa
Dia
Bath
Lauravne & Nasieliie i
Northwestern Bell of
Norway
New York Central
Pennsylvania
Southern Railway
Sinclair
Folvay
Switt
Aly Henboard Air Line Adj
Texas
Seaboard Air Zone
United Kingdom
Westinghouse United
Kingdon
Ork Dri United “Lngdam
Cotton Market Fluctuates With Weevil Rumors and Weather
New York and New Orleans reports show cotton prices volatile with October futures near 13 to 23 cent ranges, influenced by rain in Texas, boll weevil spread, and shifting stock market. Prices steadied late as shorts covered. exports rise and port stocks remain high.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Texas
Relly
Soutwest
United States
Cotton Market Mixed With Steady Tone in New Orleans
New Orleans market reports middling prices across ports with receipts totaling 16,665 and exports 7,327 for the period. Indexes show varied levels by port from Savannah to New York, with total season receipts over 6.2 million bales and shipments running into the thousands. Professional views note a comparatively steady week and anticipation of a Census Bureau May consumption report and a May stock estimate for Upland cotton.
MENTIONED IN THIS ARTICLE
New Orleans
Texas
Shorts
Census Bureau
Yorth Movement
Alveston
Apleg
Ptock
Mobile
Savannah
Charleston
Wilmington
Norfolk
Baltimore
Ane Amrts
Ndindalphin
New York
Idling
Aiinor
Horaton
Anles
Memphis
Augusta
Enles
Ae Loup
Atantas
Little Rock
Dallas
Montgomery
Censis Bureau
United States
Washington
H. & B. Beer
Atlanta Cotton Market Quotation Report
New York and Liverpool market notes show steady to firm prices for gold middling and related grades while spot cotton remains quiet. Trade in rugs carpets yarns and cotton goods is mixed with active bids from wholesaler firms and light seed oil offerings. futures close modestly unchanged with several months quoted.
MENTIONED IN THIS ARTICLE
New York
Jay
New Shipping Board Members Sworn In
Washington June 13 four of the seven members of the new shipping board including Chairman A D Lasker were sworn in today and assumed duties. Other members installed were former Senator Chamberlain of Oregon Frederick I Thompson of Alabama and Rear Admiral William S Benson of Georgia former chairman. Chairman Lasker called a meeting to discuss the general situation.
MENTIONED IN THIS ARTICLE
Washington
New Shipping Board
Chaiman A. D. Lasker
Chamberlain
Oregon
Frederick I. Thompson
Alabama
William S. Benson
Georgia
Lasker
Harding Nominates U S Marshal for Virginia District
President Harding named Clarence G. Smithers as United States marshal for the eastern district of Virginia. Also nominated was Lydianius Rieth of Massachusetts as director of the Bureau of Foreign and Domestic Commerce.
MENTIONED IN THIS ARTICLE
Washington
Clarence G. Smithers
Harding
United States
Virginia
Lydianius Rieth
Massachusetts
Bureau of Foreign and Domestic Commerce
Sharp market rebound lifts stocks after four weeks
New York June 13. Early trading showed extended activity over four weeks, with a sharp recovery before close. Speculative favorites gained while losses of one to five points in oils oils and chemicals eased. Leaders included Studebaker Mexican Petroleum American Sugar and American Woolen. Money market was quiet with six percent call loans. Mexican government fires boosted international issues. total sales par value $13,375,000.
MENTIONED IN THIS ARTICLE
Midvale Steel
American Wor and Foundry
Run Ia Ad
Missouri -Pascifte
New York Central
Tata
Dorp
Norfolk & Western
American Petroleum O
Peter & W. Va
el & Tel
Atchison
Prnate Steel
Allenty
Tonia & ‘Son
Seaboard Air Line
Shell
Shielair
Chesapear
Ohio
Chicago
Mal
Hk Chino
Coca-Cola
Ag ‘Olerain
Bae ST Stid’baker Corporation
Tennessee Copper
Texas
Taclfke
Cuba
Tebacco
General Electric
General ‘Motors
United States
Tay International Ivker Pd
New York
Shorts
Northern Pacific
Great Northern
Studebaker
Mexican Petroleum
American Sugar
American Woolen
London
Policeman William H. Bone Dies After 40 Years Service
William H. Bone aged 62 of 341 Capitol avenue died Monday night after a week of illness. He served on the Atlanta police force over 40 years and was the oldest officer on active duty, joining March 11, 1881, and was a traffic duty veteran for 22 years. Born in Thomasville, he moved to Atlanta as a boy and belonged to several lodges. Survived by his wife, three daughters Julia Bone Avis Paschal and Mrs. E W Carpenter and four sons C C C A Henry and Oliver Bone, all of Atlanta. Arrangements for funeral to be announced.
MENTIONED IN THIS ARTICLE
William H. Bone
Capitol Avenue
Atlanta
Mr. Bone
Police Relief Association
Thomasville
I. 9
O, I
Bone
Julia Bone
Avis Paschal
E. W. Carpenter
Song
C. C
C. A. Henry
Oliver Bone
Rotary Begins Big Convention in Edinburgh
Edinburgh June 13 Rotary clubs hold their twelfth annual convention with Estes Snedecor of Portland Ore presiding. Over 500 delegates from U S and more than 900 Rotary clubs with about 63 000 members are represented as Usher Hall hosts principal meetings and adjacent halls host sectional meetings through Friday.
MENTIONED IN THIS ARTICLE
Edinburgh
Scotland
International Association of Rotary Clubs
Seasion
Rotary Clubs
United States
Estes Snedecor
Portland
Ore
International Association
Usher Hall
Freight car load of bonded liquor seized at Trenton
A freight car carrying 2100 gallons of bonded whisky bound for Brunswick Drug Co to Los Angeles was seized by Sheriff L M Homes at Trenton Georgia. The liquor is guarded on a Southern railroad siding by the sheriff with a shotgun. Also notes local highway construction and deaths of Lt John Waddell and former Cuban president Jose M Gomez.
MENTIONED IN THIS ARTICLE
Trenton
Gaines & Company
Glen, Ky
Brunswick Drug Company
Los Angeles
Cal
L. M. Homes
Auto Speed Speeders Warned
A vigorous war on speeders is being prosecuted by the police department of Waycross. A warning has been issued to drivers accustomed to step on the gas.
MENTIONED IN THIS ARTICLE
Ayuruss
Jung
Mepolies Department of Waycross
Wheat futures jump to record highs in June market
Chicago reports wheat futures soaring to new season highs as hot weather and black rust lift prices. July and September contracts rise while market ends unsettled amid profit taking and increased domestic supply concerns. Corn gains modestly and provisions vary with hog prices and grain trends.
MENTIONED IN THIS ARTICLE
Chicago
Goasip
Dears
Sug Seaboard
Cure Securities and Foreign Exchange Rates Quiet on June 1
New York buyers watched mercantile paper and exchange rates hold, with demand and cables shown for sterling and several bills. Government bonds remained heavy while Liberty Bonds quoted with mixed results. London market noted little movement in silver and a 4 percent money discount rate.
MENTIONED IN THIS ARTICLE
New York
Ime Mercantile Paper
Lanka
Eables
Femand
Greece
Sweden
Norway
Argentine
Brazil
Montreal
Joana
London
Smith Inaugurated Roanoke College President
Salem Va June 12 Charles Jacob Smith was formally inaugurated president of Roanoke College, receiving the charter from Representative James P Woods. Dr Smith had begun duties last summer, succeeding J J A Morehead who resigned to lead Lutheran relief work in Europe.
MENTIONED IN THIS ARTICLE
Salem
Charles Jacob Smith
Roanoke College
James P. Woods
Dr. Smith
J. J. A. Morehead
Husband Held for Shooting Wife Near Irondale
Birmingham, June 13. Mrs. Jessie Cravey age 19 was shot and killed at home near Irondale. Her husband James Cravey age 21 is held in Jefferson county Jail on a murder charge. Deputy Sheriff McDumt said the husband admitted shooting after a quarrel when he accused her of waving at a trainman.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
Jessie Cravey
Irondale
James Cravey
Jefferson County
McDumt
Cravey
Pbushand
India riot blamed on human sacrifice in Sirchi village
Simla June 13 A government report cites human sacrifice as the cause of a riot in Sirchi Rajputana agency. Seven people died ten wounded as Charays resisted revenue collection and a woman was burned on a pyre causing troops to fire on the crowd.
MENTIONED IN THIS ARTICLE
Simla
India
Sirchi
Sepoya
Thieves Blamed For Big Denbigh Post Office Fire
Newport News Va June 12 thieves burned the Denbigh post office starting a blaze that nearly wiped out the village and caused about 100000 in losses.
MENTIONED IN THIS ARTICLE
Newport News
Denbigh
Woodruff Wins Law Degree at Washington and Lee
Bruce Franklin Woodruff of Rome Georgia earned a bachelor of laws at commencement exercises for 95 graduates at Washington and Lee University in Lexington Virginia. Woodruff already held a bachelor of arts from the same college and plans to practice law in Atlanta, noting the war period path.
MENTIONED IN THIS ARTICLE
Woodruff
Lexington
Washington
Lee University
Bruce Franklin Woodruff
Rome
Young Woodruff
Washington and Lee
United States
Atante
Camel on Track Delays Shrine Train to Des Moines
Cedar Rapids report notes Yaarab Temple special train not scheduled to stop. A camel tied on the tracks halted the engine. train unload followed, disturbing Northwestern Railway schedules. Nobles of El Kabir proceed via auto to Des Moines for Imperial Council events while welcoming ceremonies occurred at the stop.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa
Yaarab Temple
Des Moines
Imperial Council
el Kahir
Shriner
Northwestern Railway
el Kabir
Yaarab
Heinz
Georgia
Cimenge
Medinah Temple Band
Congress Hotel
Byron Souders
Joe Woodall
Chicago
Regrouping urged of departments in federal work
Washington June Regrouping of governmental activities to align departments by major purposes is urged in a letter from President Harding read at a joint commission meeting on executive reorganization. The president calls for grouping similar services and eliminating duplication through consolidation and efficient administration. The cabinet agrees, and a bill reallocating services is urged for quick passage. Chairman Brown reports full accord and invites detailed executive branch suggestions for expeditious reallocations.
MENTIONED IN THIS ARTICLE
Washington
Harding
Joint Commission
Congress
Brown
Marine aviator plans Atlanta flight July 4
Major T. C. Turner director of marine aviation will fly from Washington to Atlanta then to Union City for the Farmers' union celebration on July 4. He will use a model D plane, landing Fayetteville in the morning, then Atlanta in the late afternoon, spending the night, and flying to Union City on the 4th to address the crowd. Barrett Jr. will follow in a smaller craft from Paris Island for the ceremonies.
MENTIONED IN THIS ARTICLE
Clark Howell, JR
Constitution Bureau
Raleigh
Washington
Constitution
Major T. Co. Turner
Marine Aviation
Atlanta
Farmers’ Union
Union City
Charles §. Barratt
Major Turner
Fayetteville
Barrett
H. 5. Barrett
Marine Corps
Paris Island
Union Printers Return to Work in Two Cities
Reading Pennsylvania printers in the largest establishments ended a strike by agreeing to a 44 hour week with pay reduced from 38 to 35 dollars per week. In Jamestown New York printers also returned to the 48 hour week at the previous wage after a May 1 strike.
MENTIONED IN THIS ARTICLE
Reading
Jamestown
N. Y
Free Canal Tolls For Coast Ships Bill Favored
Washington June 43 The Senate Inter Oceanic Canals Committee reported favorably a bill exempting American coastwise shipping from Panama Canal tolls. The unanimously approved Burah bill targets coastwise ships only, not all American shipping, to ease passage. The panel cited British acquiescence in the Hay-Pauncefote treaty as supporting free tolls for coastwise vessels.
MENTIONED IN THIS ARTICLE
Washington
Senate Inter-Oceanic Canals Committee
Dass
Widow of slain man sues killer in Forsyth court
Mrs. Ethel B. Taylor widow of Chief J. B. Taylor killed April 16 in Thomasville by Dr. 3. W. Peacock sues for 40000 damages in Forsyth Superior Court. She says Taylor was 29, well qualified to earn a good salary as a skilled engineer. H. E. Shaver, wounded by Peacock, sues in Davison County court for 1900 after a Davidson jury found Peacock insane at the time of the shooting.
MENTIONED IN THIS ARTICLE
Winston-Salem
N. C
Ethel B. Taylor
J. B. Taylor
Thomasville
3. W. Peacock
Forsyth G Superior Court
Peacock
Taylor
Dayson County Superior Court
Davidson Superior Court
Use 200000 to Repay Idle Cotton Land Farmers
Washington June 13 under a resolution by Chairman Norris of the senate agricultural committee and on recommendation of Secretary Wallace $200000 of the fund already appropriated to fight the pink boll worm in the southwestern cotton states would be used to pay, together with state funds, farmers who are required to keep land idle in the zones around infected areas.
MENTIONED IN THIS ARTICLE
Washington
Norris
Senate Agricultural Committee
Wallace
Wounded Deputy Shot in Mount Pleasant Likely To Die
Nashville June 13 Floyd McKissick a Maury county citizen and former deputy sheriff was shot from ambush in Mount Pleasant Sunday midnight. He is being brought to Nashville with a bullet in his spine and probably fatally wounded. A negro restaurant is cited as the possible source of the shot and a negro woman is held for investigation. McKissick reportedly lay in the street for three hours before help arrived.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Floyd MecKissick
Maury County
Mount Pleasant
McKissick
Iid
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R. L. Barnum
Orleans
Aly
American Exchange
York
Dunu
AmeriCan Cotton and Grain K Exchange, Inc
Bates
Axminster
Liverpool
Shipping Board
NEW York Stock Exchange
Rotary
Waiton
Dixie Highway
Dalton
Catoosa
C. C. Coffey
Highway Department
John Waddell
Waddell
Jose M. Gomez
Warnenne
NEW York Bonds
Kolyth
East App
Louisville
Castle
Prey
Cure Securities
Money Market
Liberty Bonds
Dolberty
Stas
ABC
Vicx Storr
Victory
Industrials
Close
Close, Corlight
Coca-Cola Inter
Anglo-Am
Guffey Gillespie
Inter
Merritt Ts Bloods & Ket
Salt Creek
Timms Pet
Bonde
Allied Packers Gs
Cotton
Souther
Swift & Co
Shriners
Foreign Exchange
W. H. Mkenna & Co
West 43Rd Street
COTTON _ EXCHANGE
American Cotton & Grain Exchange
James E. Grey
Fort Washington Avenue
Our
Edward J. Patton & CO Cotton Brokers
Western Union F. OX
Poatal
Urnad Street
Rose & Company Investment Bankers
Broad &T
W.M. Womack
C.P.A. J
Dotted Inc
G. L. Miller & Company
Cecil
L. Miller & Company
Hart Building
Atlanta, Ga
Brenne Rend
Barnett Natonal Bank of
Jacksonville
Fla
Ae Atlante
Yed
Taveatmenta
G.L. Mince
Uy Oe
Ens