Spot Offerings Up and Down as Cotton Markets React in March
New York reports show active spot demand failing to develop after March onset, with rumors of freer spot offerings amid ongoing liquidation. The market opened steady to slightly higher, then weakened as New Orleans and other southern markets showed limited support. cash prices quoted middling upland around 15.00 with rough regional variations and a broad wash of prices across key centers.
MENTIONED IN THIS ARTICLE
New York
Russia
Futu
New Orleans
Mares Vy
Poluta
Heigher
Maren
Jas
Santos
Havre
Toner
Cordova
Net Bochengsed
Humbure
Teto
Comparative Port Receipts and Market Broad Summary
March reports from New York to St Louis show varied commodity activity. Cotton goods and yarns stayed quiet. silks rose modestly. Grain and livestock receipts across Chicago, Kansas City, and St Louis reflect steady to mixed demand, with hogs and cattle buoyant in places while sheep and lamb markets softened. Rosin and chemicals held firm with minor shifts in price and stock levels across ports.
MENTIONED IN THIS ARTICLE
New York
Chicago
March
Rolleh Sk.io
Barlves
St. Louw
Hogi
Texas
Multons
Kansas City
Santhera
Wothers
Sheen
Wisconsin
Turkers Kansas City
St. Luis
Bright outlook for wheat crop amid steady yet fluctuating prices
Speculators sold wheat with courage as crop experts reported strong spring promise. Prices drifted from gains on warm cables and winter kill concerns in Missouri Nebraska Kansas, then weakened. Corn fell while oats moved with corn and wheat's near 4 million bushel larger farm reserves spurred selling. May and July deliveries fluctuated with shifting futures and cash markets.
MENTIONED IN THIS ARTICLE
Ulisage
Maven
Missouri
Nebraska
Kansas
Wisconsin
Iowa
Chicago
Financial Markets Roundup From New York and London
Money markets steady with call at 1 percent and a slight U S deficit of 24 five billion at start of business. Mining stocks in Boston show minor gains while London markets await Sir Edward Grey’s Mexican update. Copper tin lead and zinc prices cited with varied spot and future quotes across New York and London exchanges.
MENTIONED IN THIS ARTICLE
New York
London
Tu Wuyen
Petit
Atlanta Quotations From Grocery and Market Prices
Corrected by Ogresly Grocery Company the Atlanta market lists prices for groceries and commodities across categories. Includes varied items from flour and spices to lard and coffee, plus a stock market snapshot showing steer, cow, hog and pig prices and market activity in Atlanta.
MENTIONED IN THIS ARTICLE
Ogresly Grocery Company
Alderney
Branocrysts
Arm and Hammer Soda
Royal Baking Powder
Borsford's
Lima
Oliver
Domino
Cotton Corporation and Its Difficulties
Dallas call for a directors meeting of the Southern States Cotton corporation to address its troubles under a temporary receiver. George Dole Wadley, chairman, outlines plans to liquidate debts by holding 15 cent per pound cotton, with 46 000 bales of spot cotton and 10 800 bales for May delivery in New York. He notes assets around 800 000 dollars leaving about 760 000 for scrip payments and argues the value exceeds market price when sellers deliver.
MENTIONED IN THIS ARTICLE
Dallas
Texas
Southern States Cotton Corporation
Mareh 7
George Dole Wadley
Wadley
New York
Arizona long staple brings a high price
Washington reports a 2 100 bale 1933 Arizona long staple cotton of the Egyptian type sold in Liverpool at 23 1 3 cents. At Salt River Valley shipping point Arizona growers net 21 1 3 cents a pound. Secretary Houston announced English spinners prize the cotton as equal to Egypt’s best. American spinners also bought, making the irrigated southwest crop profitable.
MENTIONED IN THIS ARTICLE
Washington
Arizona
Department of Agriculture
Liverpool
Salt River Valley
Houston
Egypt
Prizes Announced for Floyd County Farmers 1914 season
Rome Georgia March 4 Special Prizes for the 1914 season have been announced by the Farmers and Merchants association of Floyd county. Awards include first second and third largest yields of corn on one acre and on three acres. Additional prizes cover the largest yield of field peas on a single acre and the largest yield of pea vine hay. County prizes extend to three districts for the largest corn on a single acre and two prizes per district for the largest field of cotton on a single acre.
MENTIONED IN THIS ARTICLE
Rome
Farmers and Merchants’ Association
Floyd County
Savannah Bank Recovers Loan on Cotton Linters Case
Savannah March 3 The National Bank of Savannah reports the US Supreme Court denied certiorari to Kerawb oil mill in South Carolina over a $22,009 loan. Bank advanced $22,000 on 362 bales believed to be cotton but proved linters. Higher court reversal followed a lower verdict against the bank. Decision sets precedent that banks may recover when cotton turns out to be linters.
MENTIONED IN THIS ARTICLE
Savannah
National Bank of Savannah
Supreme Court of the United States Westeriay
Kerebaw
South Carolina
Cotton
J. H.C. All & Son
of Mills
United States
Ofd Mill Company
Supreme Court of the United States
Liberal Aid Urged for American Farmer in House Debate
Washington March 3 Representative Lever of South Carolina opened the house debate on the agricultural appropriation bill carrying about 19 million dollars. The measure was before the house all day and debate will resume Thursday with speakers criticizing the Mexican policy, interlocking directorates, tariff from the Republican stance, and road development questions.
MENTIONED IN THIS ARTICLE
Washington
Representative Lever
South Carollina
House
Mondell
Wyoming
Raw sugars on market under the new tariff
New York March 3 Heavy withdrawals from bonded warehouses of raw agents were made yesterday as the 26 percent duty cut in the 1913 tariff act took effect. Twenty two warehouse entries for delivery were reported and duties paid for withdrawals. Refineries in New York and Yonkers have resumed full operation after prior partial runs. Trade says the tariff reduction has been discounted and will not likely lower refined sugar prices further.
MENTIONED IN THIS ARTICLE
New York
Custom House
Yonkers
Savannah Bond Issue Proves to Be Invalid
Savannah Georgia March 3 Special Everything done toward extending the house drainage and storm sewerage system is about to be voided because the ordinance validating the bond election was never passed by city council. The two largest purchasers will likely withdraw bids, thinking they were bidding on straight term bonds, while a serial issue was provided. All funds, 360000 dollars, have been sold with about 100000 delivered.
MENTIONED IN THIS ARTICLE
Savannah
Houe
Agreement Reached on Alaskan Railway Plan
Washington March 3 Senate and house conferees agreed late today on all differences over the Alaskan railroad bill a report will be submitted for final action in both houses probably tomorrow The senate conferees yielded to the house amendments providing that the road be advanced out of the treasury instead of by a bond issue and that the maximum expense be 25 090 000 instead of 40 000 100 The house amendments stipulating that all of the proposed railroad should be of standard gauge has been stricken out It was also agreed that the operation of the road should not be under the jurisdiction of the interstate commerce commission unless the government should lease it to a private corporation.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Treasury
Interstate Commerce Commission
Coal Famine Hits Cedartown Coal Dealers
Cedartown Georgia reports a coal famine with every dealer out of stock. Orders have been seized and merchants expect shipments at any time to replenish supplies for customers.
MENTIONED IN THIS ARTICLE
Cedartown
Better Trading in Stock Market Amid Small Movements
New York Station notes a larger daily volume with overall small moves as the financial district struggles to recover from the storm. Railroads show a poor January, with New Haven hitting a record low and New York Central weakening, while Canadian Pacific and Express stocks move on divergent selling. Bonds steady with sales at 2.57 million dollars.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Edward Grey
Bbars
New York Central
New Haven
London
Canadian Pacific
Adams Express
United States
Testimony Taken In Gray Lumber Case At Waycross
Special master James F Cracken of Valdosta heard testimony today in the Gray Lumber company case as part of a bankruptcy petition filed last year. Attorneys from Valdosta Brunswick and Douglas attended the hearing which lasted the day. The lumber Insurance Company of New York joined other creditors in seeking a bankruptcy declaration. The master will file a report to the United States court for the Southern District of Georgia by April 1.
MENTIONED IN THIS ARTICLE
Waycross
Gray Lumber Company
James F.cracken
Valdosta
Mica
United States Court For
Southern District of Georgia
Brunswick
Douglas
Lumber Insurance Company of New York
Bankrubpt
Court holds inquest as crowd searched for arms in St Louis
In St Louis on March 3 Henry Zang who yesterday killed Wesle Simon three hours after Simon was tried for a murder of another gangster was bound over to the grand jury by the coroner s jury after hearing Zang s statement. Before the inquest opened 250 spectators were searched for weapons by policemen. Zang will be held without bail pending the second grand jury.
MENTIONED IN THIS ARTICLE
St Louis
Henry Zang
Wesle
Simon
Zang
Fire destroys ten bales of cotton at Edgewood plant
Ten bales of cotton at the Atlantic Compress Company on Edgewood Avenue near the Southern Railway were destroyed by fire Tuesday afternoon when ignited by a spark from a passing locomotive. The cotton was valued at $700. Quick action by plant employees prevented further spread.
MENTIONED IN THIS ARTICLE
Atlantic Compress Company
Edgewood Avenue
Southern Railway
Cym~ Préss
Lower fares in Tennessee set by railroad agreement
An agreement signed today between the Louisville and Nashville railroad and the Nashville, Chattanooga and St. Louis railway and the Tennessee railroad commission authorizes a 214 cent intrastate passenger rate in Tennessee starting April 1. Children aged 6 to 12 will ride at 1 14 cents per mile.
MENTIONED IN THIS ARTICLE
Tennessee
Nashville, Tenn
Louisville and Nashville Railroad
Nashville, Chattanooga and St. Louis Railway
Tennessee Railroad
Higgins to Examine Banks in National Bank Winding Up
Dunlap national bank examiner, engaged in winding up the failed Bank of America matters, will supervise examinations in Americus. Virgins from Montgomery, Ala, joins to oversee public examination tasks as the work widens beyond initial scope.
MENTIONED IN THIS ARTICLE
Weasw Nzlon
Marens— Special
White TC. Dunlap
National Bank Examiner
Bank of America Bimer 3
Virgins
Montgomery
Ala
National Banke
Mr. Dunlap
Americus
Grain Board Called Giant of Speculation
Washington reports Samuel H. Greeley, a former Chicago Board of Trade member, labeling the Chicago Board as a “giant of fictitious wheat transactions” and a weapon of a price controlling monopoly. He urged federal action against a warehouse trust shaping world wheat prices through futures trading and storage practices.
MENTIONED IN THIS ARTICLE
Washington
Chicago Card of Trade
Samuel H. Greeley
House Rules Committee
Northwest
Chicago
Adolph Segal Bankrupt Debts Reach Billions? Asset Report Shows 150
Philadelphia March 3 A liabilities and assets schedule for Adolph Segal promoter and former hotel head shows debts of 4 893 731 and assets of 150 The filing notes the estate mostly consists of wearing apparel and jewelry Segal was recently declared involuntarily bankrupt after a near quarter century in business including two sugar refineries
MENTIONED IN THIS ARTICLE
Philadelphia
Adolph Segal
Segal
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