Mel and Rail Stocks Rally on Substantial Recovery Talk
The market saw a sizable rebound in railroad and automobile shares led by Studebaker and Monéal Motors. General Motors moved higher, while rumors of Steel Corporation price boosts were denied by authorities. Southern Pacific and United States Rubber also attracted investor interest amid dividend and inventory considerations.
MENTIONED IN THIS ARTICLE
Ated
Yment
Studebaker
General’ Motors
Wall Street
J. P. Heried
Steel Corporation
Harding
Erie Ban
Pressed Steel Car Co
Bea
Wall Street Dull Trading Amid Narrow Gains
New York stock market opened quiet with a firm underlying tone as steel and equipment shares edged higher, while Mexican petroleum and Sears Roebuck lagged. Rail recalls and railroad gear purchases supported prices, though gains were trimmed by rising call money to six percent and weak local activity. Liberty bonds showed irregular movement near 86.44 as foreign exchange tracked London rates.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Mexican Petroleum
Sears-Roebuck
Thearket
Southern Pacific
London
Cotton Loses Points On Gov't Crop Report
New York June 29 Today's cotton market was quiet with narrow moves and a tendency lower amid profit taking on government crop report expectations and three day adjournment. July at 11.68 and December at 12.86, with later fluctuations. private crop notes cited varied conditions and hot weather, while fears of a weaker belt and strike effects limited gains.
MENTIONED IN THIS ARTICLE
New York
Deliverias Jeola
Liverpool
Lastraight
Owlns
Weather Bureau
A. Good
Cotton Trade Reports and Market Movements Across Ports
The report summarizes cotton receipts and stock levels at major ports including New Orleans, Galveston, Charleston, Wilmington, Norfolk, Houston, Memphis, and Savannah. It notes national receipts totaling millions, outlines midling and good middling prices, and mentions Liverpool and New York market quotes. It also covers cotton seed oil activity in New York with price movements and ensuing market close.
MENTIONED IN THIS ARTICLE
Kew
Orleans
Nales
Galveston
Enlea
Charleston
Wilmingtons
Norfolk
Avating Ee
Midath
Geneon
Unclear OCR: World Markets and Cables Mentioned
Fragmentary financial notes reference banks and bonds with mixed figures across Greece Sweden Norway Argentina and Mexico. Mentions of demand for cables tables and percent discounts appear amid scattered currency terms and bond operant notes.
MENTIONED IN THIS ARTICLE
Greece
Sweden
Norway
Montréal
Cotton Fluctuations and Market Steadying After Losses
New Orleans report notes early cotton prices fell but mid session firming occurred with losses narrowing. By close, daily net losses ranged from 6 to 13 points. declines at times reached 16 0/0 25 points. July dipped to 11.0 then rebounded to 11.28 and closed around 11.18 amid Liverpool weakness and postweekly crop reports. Weather maps showed rainfall favorable in places but hurricane anxieties in the gulf tempered sentiment. Quotations indicate spot cotton steady at 12 cents with arrivals at 220. Low mid and other terms noted, alongside receipts and stock figures.
MENTIONED IN THIS ARTICLE
Southern Pacific
United States Rubber Co
Sas
Wall Street
London Cables
Hera
New Haven
eSee Teal
New York Federal Reserve Bank
Brooklyn
Newark
Buffalo
Rochester
Syracuse
Lac
Belg Fraight
Abe
Mae
New Orleans
Waa
Livarpool
Mississippi
Georgia
Gulf
Toxado
Also Mentioned on This Page
Mel
Rail
RE. ‘Barnum
Little Trading
Dorhai
Enstalde
Fagle & Phenix
Enterprise Mig. Co
Bryn Sefton Mills Co
Bint
Gattory Mig
Gibson Mig. Co
Grace Cotton
Globe. Yarn Mills
Gray Mi Fi
Glenn and Utotton Mills
Greenwood Cotton
Prilsigh Gatton Milita
Toman Milla
N. C
Jennings
Err King
Dno
Aes Lancaster Garton
Taurens Cotton Lacka Cotton Mills Co
Motlohon
Kid Myers
Newberry Cotton
Bsa Orr
Oxcenla
Pelzer Miz. Co
Piedmont Mfr. Co
Panola
Polnaett Mille Tanlo Mfg. Co
Teiveralta Riverside
Dan Rivet
Yowanton Mills Co
Thyne-Houser AL Saxon
Sibley Fee
Ae Union-Taffalo Miiado
Victory
Watt
Eoxaen Sfilis
NEW York Stock Exchange
Americra
Tel
Kerala
Atlantic
Gulf. & W
Baltimore
Onio
Slosa-Stef Steel
Nethieherm -Bteel
Pacific
Central Lember Bao
Chan Hotots
Joutierss Way
Saleago
Coen
China
Texan & Fire
Polorado
Inion Pacific
Gre Forthern
Waat
Gulf States
Stes Peay
Ter Merchant
Roling
Bee International
Nickels
Ape
Bais
Wester’ Union
Kennecott C
Midvale
Cotton
Cables
New
American Exchange
American Cotton and Grain Exchange
Ing. Touny
Hudbard Bios, & CO
Houston
Anles
Siemiphia
Sida
Little Rock
Dales
Jernin
Lard
Hoga
At & To
Naval Stores
Savannah
Bowl
Giles
Rosin
Tim
Swift & Co
Chicago
Swift, k.Co
Russia
gamGag
Panama
Refining
Ds Saeegesnes
Atigade Coast Line
Steel
Chesapeake and Oblatine
Quincy & HI Chicaco
Colorado & Southern
Denver
Dominion
Ilinois Centre
Dot
Mer
Kansas Center
Liggett & Myers
Tourseille
Nashville Ap
Newer York
Tune
New York Central
Dusiness
Norfolk & Western Ev
Port Riconto
Northern Pacific 4A Ae
Rjces
Pressire
Louis
San Fran
Adj Beabo Ie
Erate
Wera Southern Bell Tel
Southern ‘Pacific Co. Te
Southern Railway
Southern Trailway
Moxey & Pacific Ist
B' Ta Pointe
Union Pacific
Ted Kingdom
Accarella Chemical
Tay Bid ‘ Ereen
M & CO
Mircellancons
Armons
Jicigian Gs. Telgian
Herne
Bk One
Denm
Yennsylvania
Paris
Texan
Westey
Eli
Ldu
Westinghouse
Corran
Feharai
Sremane
York
Ainton
Edward L. Patton
CorreNn Brokmrs
Western
Ainton B. x
Oni Street
New Yorks
Cities Service Company
Yestors
de L. Doherty
Thi
Fareas
Brent Mortean Sie Bone
Gem
Southern
Bell Telephones and Telegraph
Lamax
Peach
Allver Neil
Digmonta
Allen
Matelet
Rewanl
Greene
Jey
Vy Steel
Citon
Catton
le E. Lane
Peachtree and
Cain Streets
Atlanta
Orangeburg
S. C
Ori
L. H. Hilsman &Co
Gordon County, GA
Gan
Chase National Bank
New, York
Financial Statement
Dodge
Aston
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