Rail wage cuts vote sparks mixed Wall Street optimism
In New York on June 28 the stock market opened higher on London cables but pared gains after railroad workers voted 48 000 to 325 000 against accepting wage reductions set to take effect July 1. Rail stocks recovered while broader sentiment remained cautiously bullish amid government withdrawals and expected financing for July settlements. Public view held no general railroad strike risk, as major unions balked at wage cuts while the strongest unions may still back on some actions.
MENTIONED IN THIS ARTICLE
York
Stock Exchange
London
Ra Wey
Tsn
Railroad Labor Board
I Sff
Wall Street
Big Four
Harding
gMttens
Studebaker
Chandler
Baldwin
Kansas City
Birmingham
Dallas
Brewster
Pennsylvania
Hwinois Central
Jesa
Illinois Central
Northern Pacific
Great Northern
Union and Southern Pacific
Atchison
Louisville
Norfolk and Western
United States
Mexico City
Standard Oil
Berlin
Strike Settlement Lifts Cotton Prices Amid Open Market
The British coal strike settlement spurred a roughly 40 point rise in cotton futures with October deliveries up to 12.55 and the overall market closing steady, while Liverpool cables and anticipated Lancashire demand fed early gains. Spot cotton remained steady near 13.85 middling as government crop reports loomed.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Lancashire
Waa
Cotton rises on settlement of British strike and hurricane fear
New Orleans reports a cotton rally as British coal strike settlement and covering by shorts lift prices on active months. July leads gains to 11.32 with overall session strength and a mixed crop outlook noting 68.9 percent of normal and 8,106,000 bales indicated yield. Storm concerns and excessive rain influence western belt conditions. In New York reports, British industry recovery and coal production outlook temper market sentiment.
MENTIONED IN THIS ARTICLE
N. O
New Orleans
Shorts
Bureau
Gulf of Mexico
Gulf Coast
Specia
H&b. Beer
York Bond Market Prices Skewed By Exchange Irregularities
In New York on June 28 the money market shows irregular exchange affecting primes and mercantile rates. Trading notes indicate unsettled quotes and slight volatility across commercial bill and bond screens.
MENTIONED IN THIS ARTICLE
New York
Wheat price slump as strikes and harvest press markets
Chicago grain markets sputtered with a broad decline as expectations of railroad and elevator strikes, a rush of new winter crop wheat, and large in-storage stocks spurred selling. July and September wheat posted near bottom closes, corn and oats tumbled to fresh seasonal lows while hog prices offered some support in provisions.
MENTIONED IN THIS ARTICLE
Chicago
Settlement of British coal strike boosts cotton market
News from New Orleans and London notes the British coal strike settlement lifting cotton prices though demand remains cautious. Market data show mixed activity across ports with receipts and stocks listed for New Orleans, Galveston, Savannah, and other centers, highlighting bullish prices yet vulnerable technicals.
Atlanta Quotations Cotton Seed Products
Atlanta market quotes show mixed cotton seed products with several items listed including prices and terms. Entries reference high grade and second cut seeds, with nominal ammonia and various lots described for purchase.
MENTIONED IN THIS ARTICLE
Atlanta
Market Glances and Railway Funding Moves
The New York stock market opened mixed with gains later trimmed amid fluctuating sentiment. Transportations rallied on the administration proposal to fund railway debt while Mexican tax decrees and British miners’ strike developments influenced others. Industrials eased. Crucible, U S Steel, Baldwin Locomotive and Mexican Petroleum rose. Liberty issues fluctuated. total sales about ten million eight hundred seventy-five thousand dollars.
MENTIONED IN THIS ARTICLE
New York
Olls
Foreign Exchange
Canadian Pacific
United States
Baldwin Locomotive
Mexican Petroleum
Chandler
Reading
Southern Pacific
America Ice
Lesa Picntigny
Exlans
Cotton Seed Oil Prices Rise On Tender Absence And Firm Tar Market
New York June 23 Absence of tender activity and firm crude markets lifted cotton seed oil buying. Prices closed unchanged to 7 points higher with nearby months showing gains. July and September contracts quoted around 7.00 and 7.60 as December traded about 7.59.
MENTIONED IN THIS ARTICLE
New York
Economic quote list of world currencies and bond rates
A fragmentary financial note lists currencies and bond figures by country and type. Mentions BelgiumFrance Germany Greece Sweden Norway Argentina Bearman Montre and government bonds with percentages and rates. Time money figures include bank acceptances silver and deflation notes with scattered values.
MENTIONED IN THIS ARTICLE
Danky
Wrines
Sleroand
Sma
Greece
Sweden
Norway
Bearman
Liberty Bonds Market Snapshot and Prices
New York liberty bond quotations show mixed activity with multiple series trading. First 4s bid around 87.20 with other issues like 4s and 3s quoted, while Victory bonds and related issues indicate varied demand and prices, including notable figures such as 6.70 for some notes and 42 for a Victory class item.
MENTIONED IN THIS ARTICLE
Liberty Bonds
New York
Liberty
Sita
KGS
Victory
Victory Ds
Also Mentioned on This Page
R. L. Harnum
American Exchange
Cotton and Grain Exchange, Inc
Close
Exchange
Port Receipta
Newt York
Jone
Ferland
NEW York Stock Exchange
Aalta
Alliedd Chemicals
Mlayale Steel
Chon
Eecaresee Ve
Tide Caroni” Foundry Leather
Ae Loy
He & Eee
Orican Enternational’ Corp
Nort and Western
Ata Rieaete Nares
Prag
American
Pan-American Petroleum Sylvain
Amer
Samatrs Eh Biniaborg
Wesigticl
Ame Tel
OH Atchison
Atlantic
Republic Iron and Steel
Royal Butch
Graff & Went Indies
Pronciat
Baltimore
Ohio
Seaboard Air Line
Trebblehem Steel
Shell
Central Leather
Sheffield Steel and Iron Lair OU
Mil
Pacific
N. J. Prd
Studebaker Corporation
Ennessee
Goteragy Fries and Iron
Texas and Pacific
Aaplang
United Fruit
General Motors
Galt States Steel
A & Retail
Twinala Central
United States Rubber
Roe AL Inspiration Coy
United States Steel
Pra
United States St
Freig
International Nickel Wee
Vanadium Corp
Virginia Dargling
Ois Beg Baty Kennecott Copper
Western Union
Wid
Panama
É&Athio
Gene Steet
Ore Central of
Georgia
Geena & Ohio
Piney
Guenee
Gia Flier
Paris
Jawn Bay
New York Central
Hortolly & Western
Pees Southern Railway Sa
Southern Raihway
Texas & Pacific
Union Pacific
United Sane
Besse
Steet Bs
Virginia-Carolina
Ison & Co
Tone
Bonde
Atlantic Constelgion
Thalemore
New Fork
Aris
Sinclair
Bares
Teyog
Western Electric Ta
Ai G. Ky
Westinghouse
Beens
W. Jac. & Co
Kew York
Pricea
Olvis Brothers
Port
New Orlema
Atock
Galveston
Mobile
Savannahs
Wilmington
Boston
Sinner Porte
Houston
Antes
Eales
Auguste
Sfles
St. Toula
Alenia
Curb Securities
Industrials
Carlight
Sissy
Silt Inter
Tub
A & It
Anglo-Arm
Glenrock
Guffey Giltespia Bees
Merritt
North Am
Simms
Allied Packers
U.S
G. L. Miller & Co
South
Peachtree Street
Lawrence
Miller Service
Miller Bonds
G.l.miller & CG
J.H. Hilsman & Co
Stachelberg
Gelle Isle
J. W. Jay & CO
Cotton Merchants
Zork
Liverpool Cotton SC Eanson
Nroad Street
Hubbard Bros. & CJ
Hanover
New, York
New Yor Cotton Exchange
Patators Inns
Ee Southern Bell Telephone and Telegraph Company
Jay
Gawkers ‘Fort
Pany
New “York
J. M. B. Hoxsey
Jim Eblin
Newt
Eblin
Eblin & Company
Broad ST
Western Union Wire
American Cotton & Gox
Snes Amar
C & G Clearsassn
Atlants Commercial Exchange
Hercantile
First National Bank
New England Bank
R. O. Campbell Coal Company
Georgia Distributors
Carey Products
Marietta Street
Atlanta, Georgia
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