Wall Street Ledger on Bear Power and Liquidation
New York June 16 report notes bear leadership by top trader allied with a Broadway firm amid sharp market liquidations. References to tobacco stock interests, exchange power, and potential measures against noted figures. mentions bank rediscount rates and a mixed view of dividends and industry outcomes.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Stock Exchange
Broadway
Tien
Thomas Ryan
James B. Duke
Banking and Stock Exchange
Exchange
Committee of the Stock Exchange On
Allan A. Ryan
Stutz
Hocking Valley
Chesapeake & Ohio
Northern Pacific
Market Basis School Tax Carries at Stilmore
Stilmore Ga June 16 A local tax to provide funds for maintaining the high school here at an accredited institution was carried in a hot election today indicating community support for the school’s continued operation and funding.
MENTIONED IN THIS ARTICLE
Stilmore
Local Reserve Bank Regular Statement Details
Regular statement shows gold settlement funds totaling 10 283 827.45 and total gold reserve 380 480 271.07. It lists bills discounted and other indebtedness including Pittman act 14 504 000.00 and 72 012 882.00. Deposits include government, member banks, and all other, with total deposits around 238 839 08.
MENTIONED IN THIS ARTICLE
Pittman
Gov. Ft
KIWANIANS OF MACON VOTE FOR ATLANTA CONVENTION
Macon Kiwanis delegates Louis Rossingnol and H. E. F. Martin, headed for Cleveland to attend the national convention, were instructed by the Macon club to vote and work for the next international gathering to be held in Atlanta.
MENTIONED IN THIS ARTICLE
Macon
Louis Rossingnol
HE. F. Martin
Macon Kiwanis Club
Cleveland
Ohio
Macon Club
Atlanta
Cotton Exchange seeks associate members and consignments
Members New York Cotton Exchange New Orleans Cotton Exchange New York Produce Exchange invite associates Liverpool Cotton AgaDe Giation. Orders solicited for purchase and sale of cotton and cotton goods for future delivery. Special attention and literal terms given for consignments of a portion cotton for delivery. Correspondence invited.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
New Orleans Cotton Exchange
New York Produce Exchange
Liverpool Cotton ‘AgaDe
Cotton Prices Fall on News Developments
Farmers and traders watched New York markets as cotton futures slid to new lows amid British coal mine talks and mixed London reports. October dropped toward 12.35, with declines around 35 to 43 points on the session, while July and December also fell. Some late covering and firmer technicals limited losses, but Wall Street selling persisted. Port data showed 5,934 bales today with season totals around 4,723,482. New York spots cited at 11.85 for middling.
MENTIONED IN THIS ARTICLE
Atlantic Coast Line
Mexican Petroleum
New York
Wall Street
Liverpool Cabies
Manchester
London
United States
Long liquidation hits New Orleans cotton market
New Orleans June 16 The cotton market faced heavy liquidation with July futures under pressure after an early rally. Cables from Manchester suggested a possible end to the textile strike, but London and Liverpool reports of coal-miners voting against ending the strike caused a sharp break. Spot cotton prices drifted lower with steady to weak demand. traders noted large short interest and potential rapid gains on favorable news.
MENTIONED IN THIS ARTICLE
New Orleans
Manchester
London
Liverpool
Engly
Hubbard Bros. & Co
New York
Uid
W. Jay & CO
Finn Regurts
England
Lancashire
Sinee
India
HL & B. Beer
Professional Views On Cotton Situation
New York market opened steady on reports from Liverpool about labor unrest. Locals and commission houses sold early due to favorable rains in the Atlantic states. News that coal miners abroad voted not to return to work unsettled hopes for a quick end to strikes. Selling intensified after the update. The West reportedly had strong sales while many long contracts were canceled amid the turmoil.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Elowgver
Howacs
Ely
Atlantic States
Seill
Etos
Rfter
Cotton Movement and Market Close Worldwide Summary
Cotton prices and receipts across ports show mixed movement with good middling around 10 to 11 cents. Spot demand in Liverpool steady. New York futures range with June at 4.08 and May around 8.04.
MENTIONED IN THIS ARTICLE
Houston
Siemphin
Augusta
St. Louis
Atlanta
Middline
Montgomery
pAverpool
Market Summary of Butter and Poultry Prices
New York and Chicago market notes report butter and cheese mostly steady with minor gains for creamery extras and standard grades. Poultry prices firm for live birds with higher rates for broilers, while dressed poultry shows moderate increases. overall receipts around 10,079.
MENTIONED IN THIS ARTICLE
New York
Chicago
Market Slides After Early Gains In Turbulent Session
New York June 16 Reactionary tension again dominated trading as early advances gave way to a weak close. Steel, sugar, tobacco and chemical shares hit new lows for the year while Mexican Petroleum slid further and U S Steel found support at a later low. Money market remained even as call loans stayed tight and commercial paper offerings rose. Foreign exchange proved erratic with London rates weakening alongside declines in cable and demand bills.
MENTIONED IN THIS ARTICLE
New York Central
N. H
Hartford
Norfolk and Western
Amer
Hide & Jeather
Aoa
Oklahoma
Pro & Refining
American International
Pittaburg Fe
W.ware
Hogar Sumatra Tobians
Dry Ray Consolidated Gopper
Readi
P. Iron & Steed
Atchison
Royal Dater
Atlantic Coast
St. Louis & My
Baltimore and Onin
Shef
Trang. & Trad
Ally
Bethlehem
Binclair O
Kefiningen
Anadian Pacific
Brect & Iron
Central Teather
Tal
Southern Pacific
Chandler Motors
Beyco
Southern Tmilway
Too
Chesapeake and Ohio
Southern Allway
Nts
Chicago
Mit
Pant
A Standart
It. I. Aas Os
Studebaker Corporation
THY Chine Copper
Bao
Tennessee
Texas i BA
Obacco
Gm OK
Great Northern
Oah
United States Rubber
Gulf States Steel
United States Steel
Inspiration
Utah
International Nickel
Int
Mer, Marine
Mexican Petroleum
Wilya-Overlaniee
Miami Copper
Allied Chem
Middle States
Axpbolt
Midvale
Invincible Oil
Miasouri Pacific
New York
Northern Pacific
Raila
Federal Reserve Banks
London
Paris
Cuba
Wheat Slumps As Bears Press Market Downward
Chicago June 16 heavy selling by eastern longs sent the wheat market sharply lower after a prior advance. July wheat 1.28 1 4, September 1.91 1 2 to 2.21 8 4. Corn gained while oats rose modestly. Provisions mixed with declines and advances. Crop experts warned of black rust in the northwest and damage from adverse weather and pests across Ohio Indiana. Export rumors and domestic shipment hopes influenced prices amid uneven hog values and packer payments.
MENTIONED IN THIS ARTICLE
Chicago
Northwest
Ohio
Indiana
Minnesota
South Dakota
Italy
Missouri
St. Louie
Germany
One killed three hurt when car hits stones
In Connellsville Georgia on June 16 an automobile carrying four persons including Andrew Wilson aged 80 of Mount Pleasant struck a pile of stones. Wilson was killed and three companions injured. The crash occurred Wednesday as the car traveled through the area.
MENTIONED IN THIS ARTICLE
Connellsville
Andrew Wilson
Mount Pleasant
Money Market and Bond Briefs From New York
Money market figures show mercantile paper at 64, exchange heavy with 3.72 on 60 day bills, 3.71 on 0 day bills, and 2.70 on demand. National bond prices for Liberty and Victory issues listed, cargo sailings and arrivals noted for several ships including A Renfard and Dethnar, with various ports of call and sailings.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Exchange
Greece
Sweden
Norway
Argentina
Brazil
Montreal
Live ice market report from Chicago on June 16
Live cattle receipts around 11 000 with fat cattle and high weights selling 7.50 to 8.50 for bulk fat cows and heifers. Hog receipts 35 000 with active bidding near yesterday's levels and top at 8.10. Sheep receipts 9 000 with steady demand, top native lambs around 11.50 and heavy ewes near 0.50.
MENTIONED IN THIS ARTICLE
Chicago
Jime
Dry Goods Market Report from New York June 16
Cotton goods fluctuated with sneaking weakness in cotton. Yarns quiet, raw silk firm, barons easier. Woolen goods steady. Carpet section closed with fairly steady prices on Axminster and velvets, tapestries weaker. Swift & Co. closing statement noted.
MENTIONED IN THIS ARTICLE
New York
Axmin Stern
Vaudeville and films light up Atlanta theaters this week
Lyric and Howard theaters host Keith vaudeville acts led by Viola Rudell and Edward Dunigan with songs and acrobatics, plus Douglas McLean in One a Minute at the Howard. Other houses feature Frank Mayo Fire Blazing Trail and Ethel Clayton Sham, with The Last Door and Deception upcoming. Local audiences enjoy vaudeville numbers, musical acts, and prominent film premieres through the week.
MENTIONED IN THIS ARTICLE
Viola Rudell
Edward Duniqnan
Keith
Dallas Walker
Texas
Willam Wilson
Joe Rolly
Will
Liandy
Howard
Atlanta
Douglas McLean
Howard Theater
McLean
Paramount
Banco
Terminal
Northwestern University
Maudé Adams
Rosalind
Mary Roberts Rhinehart
The Blazing Trail at the Tudor and Sham at Rialto
The Tudor shows The Blazing Trail starring Frank Mayo as a physician who regains balance after a noble fight to save a girl from poison. Lillian Rich leads as the heroine with a cast including Roy Ripley and others. At the Rialto Sham features Ethel Clayton in a strong comedy drama acclaimed by audiences.
MENTIONED IN THIS ARTICLE
the Tudor
Blue Ridge Mountains
Tudor Theater
Frank Mayo
The
Blue Bridge
Mann Page
Trula Forrester
Robert Thornby
Lillian Rich
Roy Ripley
Joy Winthrop
Helen Gilmore
Mary Philbin
Verna Winter
Madee Hunt
Bert Sprotter
Frank Holland
The Last Door at Forsyth A suspenseful mystery screening
Eugene O'Brien's new film The Last Door opened at Forsyth for a three day engagement. A crowd pressed close as an exciting incident unfolded amid an unresolved mystery that lingers to the finale.
MENTIONED IN THIS ARTICLE
Forsyth Theater
Eugene O'Brien
Forsyth
Forsyth Theatre
The U P Trail At The Strand Theatre Casts
The U P Trail at the Strand features Tawney haired Keathivn Williams and petite Marguerite De La Mette among its stars in Benjamin B. Hampton's film adaptation of Zane Grey's tale. Virginia Caldwell also appears in an important role drawing crowds.
MENTIONED IN THIS ARTICLE
Strann
Marguerite de la Mette
Benjamin B. Hampton
Zane Grey
U. P. Trail
Strand Theatre
Virginia Caldwell
Cotton Seed Crushers Plan Georgia Convention in Savannah
Savannah Ga June 16 Special Arrangements have been perfected for the convention of the Georgia Cotton Seed Crushers association to be held here on Monday and Tuesday of next week. About 150 delegates are expected. Speakers include M. Stanley Atlanta on The Work mens Compensation Act and W W Banks Atlanta on The Future of the Cotton Oil Industry. Officers: W J Murphey Newnan president Li G Neal Atlanta vice president W M Hutchison Atlanta secretary and treasurer.
MENTIONED IN THIS ARTICLE
Savannah
Georgia Cotton Seed Crushers’ Association
M. Stanley
Industrial Commission of Georgia
Atlanta
W. W. Banks
W. J. Murphey
Newnan
Li. G. Neal
Alanta
W. M. Hutchison
Sixty Cases of Liquor Seized at Mobije Port
Sheriff W. H. Holcombe Jr. and deputies seized thirty cases of imported liquor hidden in the hole of the Mexican oil tanker San Cristobal at Mobije Alabama. They also captured a 150 million still on Reeves Creek twelve miles west of the city. Operators fled into a swamp and were fired at but escaped.
MENTIONED IN THIS ARTICLE
Mobije
Ala
San Cristobal
Sherif W. H. Holcombe, Jr
Reeves Creek
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