July Liquidation Offsets Early Rallies in Cotton
July liquidation dominates New York cotton trading with near month weakness, but July futures rally as liquidation eases. Turf reports show October and other new crop months gaining briefly before renewed selling pressure. Port movements, spot prices in New Orleans and New York reflect mixed demand while export totals rise. livestock and grain notes accompany the day’s market chatter.
MENTIONED IN THIS ARTICLE
VEN. O
New Orleans
Linq
Tevag
Market Mixed With Decline In Cotton And Stocks
New York stocks opened lower with irregular trading as rails outperform while oils stay under pressure. Cotton futures saw further liquidation on July with selling tied to weak demand and weather forecasts. Grain and other letters note quieting bids, uneven futures, and cautious sentiment across markets, with slight firmer tones in a few grains amid favorable harvest expectations.
MENTIONED IN THIS ARTICLE
New Orleans
Fencer
Denne
New York
Navy
Milin
Werth
Liverpool
Hubbard & Company
Manchester
Lancashire Apin
Oress Bros. & Co
Recessions Hit Bond Market as Prices Drift Low
New York June 19 bonds showed broad declines across many issues with only U S government issues holding steady. Copper company liens fell sharply with Cerro De Paseo down 47 8 points to 121 1 8, while Pan American 7s rose 1 point and American Telephone and Telegraph and Liggett and Myers 5s dropped about one point. Foreign issues mostly eased, Mexican 4s down 11 4 and Serbian 3 fell nearly a point. Total sales par value reached 12 570,000. Public offering of 5 million North Carolina highway bonds due tomorrow.
MENTIONED IN THIS ARTICLE
New York
Mo Pacific
New York Stock Exchange
Montong Power
Montreal
Morris & Co
Hales
New Engle! & Tel
Liberty
Tex & Mex
Liberty 2d
Ego
Liberty 3d
Eeseree Bos
Bordeaux
Christiania
Copenhagen
Lyons
Marseilles
Rio de Janeiro
Bos An
Tokio
Norfolk
Zurich
Norfolk & Wester
Repub
Etta Os
Bety North
Danio Bunkinad
North Otto T&l
Seine
North Pac
Canada
Northwestern Bell Telca
Oregon
California
Odag
Abt
Steaccess Oy
Nighy Oat
Otia Steel Ba Sur A
Pacific G & E Sas
Japanene de Oe
Toe T & T Ge
Kindo of
Belgium
Etta Ms
Van-Am Bet
Kingdom
Tim
Peona Hk
Ossae
OO Foyd of
Thes Peoples Gas of
Chiret
King Oe
Serbi
Kingdom of Sweden
Sevice de Sty
Punta Alegre
Suis
Eh Tohty
Republic of Nouvia
Baty Boa
Republic of Chile
Homington
Reptile
Chile
Ark
Colombia
Ciba
St Lee's
Len
Halli Gs
Lk San Fr
Adj
Guethaland
G& San
Ran Tn
Chicago
ORN
Henzil
Brazil-Cot
Southern Pacific
Mexico
South Pr
Aime Tel & Tel
Amer Tel
Tel
Ameral & Tel
Toledo
DOT
Anwr
Bex Atom
United Drug &S
Antonangen
BEG
Bam Bay Sim Pitts Insue
Armour Co
T & Son Fegen
Tim- OH
U & Steel
Othy Sred
United States Realty
St. Louie
Tima
Atinot i
Baltimore & Ohio
Laitimore & Ohio
West Union
Kanane City
Beth Mtoe
Blige
Wiler Hil Steel Mt
Felson
Wuedn &Coat Tike
Camagney
Wilson & Co Eyds
Canady
Carolina
Clinehid & View
Central Leather
Chie Mit & St Paul Hom Ev Aloe
Northwestern
Cieaio
Louta
Cleveland
Colorado
Seepada i Southern
Serene
Colt Aaa
Elec
Commonwauith
Farsid Gat
Bay
Baty
Consumers Power
Maes Bee BI
Denver & Rande BO
Reyer
Detroit
Tet United
Bang 1925
Defont de Nemours
Duquesne
Cebu
Empire
A & “Fuel Tim Ctf
Erie
Fisk Rober
Goodrich
Goodyear
THY
Hudson & Alan Rer
Hudson & Fa
Interboro
Inter & Gt
Arthera
Kas
Springfield Tire
Endsnanse
Steet Os
Kate ‘Sb & Bia
Tieerte & Myers
Lorillard Gs
Louis & Nash
Los Ee
Ages
Nash Unified Tre
Derrrecentance Bong aMacma
Market St Ry
Milwaukee
el Ay & L
Ay 4Mine
St L Resay Ds
Ean & Tex Pr
Ld Bay
Sto Kan & Tex New
Mo Kan & Ae Ma
Bonda
United States
Cerro de Paseo
Liggett and Myers
American Telephone and Telegraph
Pan-American
Erie General
Kansas City Southern Ss
Denver & Rio Grande
New York Railways
Anterborough Rapid Transit
State of North Carolina
Money Market Update From New York on June 19
On June 19 in New York the money market shows firm rates with the ruling rate near the 6 percent level. Closing bids and offered rates sit around the same, call loans against acceptances at about 1 percent, and loan activity steady with mixed collateral ranging roughly from 60 to 1,414 percent. Foreign exchange quotes in cents cover Britain France Italy Belgium Germany and other currencies, while foreign bar silver and Mexican dollars are noted in miscellaneous figures.
MENTIONED IN THIS ARTICLE
York
Oail Money
Midh
Great Britain
Vablen
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Crecha- Stovabia
Argentina
Brazil
Montreal
Cooling breezes expected with fair weather in Atlanta
Forecaster G F von Herrmann predicts fair conditions today with little temperature change. Cooling breezes from the southeast that prevailed Tuesday are expected to continue through today in Atlanta and vicinity.
MENTIONED IN THIS ARTICLE
Atlanta
G. F. von Herrmann
Mr. von Herrmann
Stock Exchange President Scouts Rumored Failures
News from New York reports selling pressure in the stock market early trading with support boosting prices later. President Cromwell denies any justification for rumors linking names to failures and notes no substantiation amid widespread cautious optimism.
MENTIONED IN THIS ARTICLE
R. L. Barnum
New York
Cromwell
The
Stock Exchange
Wall Street
Reynolds
Continental and Commercial Bank of Chicago
Mellon
London
Treasury
Thomas W. Lamont
Prices Show Better Tone In Stock Market Tuesday
New York June 10 stock prices displayed a better tone on the exchange but signs of frightened liquidation and short selling kept the market spotty. Several leaders hit new lows before buying support stemmed the decline, while rumors of brokerage house troubles were denied and some issues rallied from lows. Rails held up early but closed with losses, and several steel and oil issues reached year lows amid overall activity. Call money stayed at 5 percent and foreign exchange showed improvement with sterling up and francs and marks advancing.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
van American
Texas Company
California Petroleum Producers and Refinery
General Asphalt
United States Steel
Chesapeake and Ohio
Lackawana
Ilinois Central
New Orleans
Texas
Mexico
Norfolk and Southern
Daily Stock Feature Highlights Copper and Market Outlook
Copper stocks like Kennecott Anaconda and Smelters show 7 to 9 percent yields, while Bonthern Stations stock liquidates per market judges. The piece notes a recovery since last November and expectations of continued strength. copper and tin prices inch up with steady iron and zinc, as horses and mules in St Louis stay steady.
MENTIONED IN THIS ARTICLE
Kennecott
Anaconda
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Weather Bureau
Port Storks
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Cotton
Mitching
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Stork
Verge Mikitine
Necelpte
Atock
Tecete
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Exsorte
Honaton
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Chipments
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Little Rock
Hinton
Montgomery
Lverpool Cotton
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Htag
Thiverha
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Kansas City
Castle
Bert Steers
Teartiga
Aradia
Ponade
ST Ostad
Fen Alia
Prchers
Mingbers
Yankee Tap
Vows
Weler
Bath
Algher
Maui
Boulnville
Sion
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Seus
ST Mtuchers
Tast St Loui
Camere
Lologna
Iero
Packer
Fae Ewes
Hana S
Atackera
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Packiig Sons Miesthy
Flem
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W. TE White
Presideniute Vere Co
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Ehip
Menta
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Genera
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Ulere
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Deno
Okiahoma
Missouri
Iled
Denner and
Buse
Hig
Doverus, Duglet and Companys
Houston
Hip
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Loretani, Dante and Company
Kertons
Bern
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Jicily
J. D. Hayward & Sons
Roarse
E. B. Norman & Compans
London Money
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Naval Stores
Savannah
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Nork
Bdefghiem
Jacksonville
Fla
Jundia
Victorsi
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San Francisco
Europe
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Fiest
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Great Public Warehouse
E.B. Norman & Co
Cotton Commission Merchants
Iata
Membera
Escorped Gonen Avan
J. W. Jay & CO
New York Cotton Exchange
New Orleans Cotton Exchange
On York Produce Exchange
New York Coffee and Sugar Exchange
Chicago Board of ‘Trade
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South William Street
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Melion
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