Better Demand for Goods Lifts Cotton Prices in New Orleans
New Orleans and New York cotton markets showed higher prices on November 13 as demand for cotton goods increased and a firmer spot market supported gains. January and other futures rose, aided by export activity and a firm inland market, while late trading trimmed gains to a slight net rise. Spot cotton in New Orleans firmed with higher middling prices and steady relief from selling.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Manchester
Wall Street
New Orleans
Leverpool
Sterling Exchange
Cotton Statement Price Movement Across Ports
Port movement shows New Orleans Middling at 24 55 with 1,250 stock and 380s, Mobile receipts totaling 1,400 plus Stradtine at 24.75, Wilmington Norfolk receipts 3,834 with 495 shipments, total today receipts 90,758 and exports 6,400. Weekly totals include 325,398 receipts and 167,598 exports. Interior movement lists Augusta, Honatin, Turtle Rock, Atlanta and Dallas with various middling prices and shipment figures.
MENTIONED IN THIS ARTICLE
New Orleans
Wales
Mobile
Safeh
Lea
Ex- Porte
Steenohla
Augusta
Honatin
Turtle Rock
Atlanta
Dallas
Montgomery
Eta
Atock
Naval Stores Report for Savannah Trade November 1
Savannah naval stores figures show turpentine receipts 495 shipments 11,454 stock 5,055 with rosin receipts 1,9087. Quotations listed such as 0.4215 for B and 8.80 for N. WG notes and exchange from firm Tar.
MENTIONED IN THIS ARTICLE
Savannah
Dotz
eRtes
Tock
Qesin
Atock
Market notes show mixed activity across stocks and commodities
News and views from New York and New Orleans report brisk turnover with over two million shares traded then a pullback as profits-taking weighed on rails and industrials. Strong advances in steel and wool follow by midday, then a late hour retreat. Cotton drivers remain optimistic on higher prices amid improving demand and consumption prospects.
Liverpool Cotton Market Report November 13
Liverpool cotton prices hold steady across grades with good middling at 14.10 and middling 11.70, demand steady with 7,000 bales in sight including 3,300 American. Receipts total 2,000 bales, 1,700 American. Futures steady with November 52. Steady London money and silver at 34 pence per ounce.
MENTIONED IN THIS ARTICLE
Liverpool
London Money
London
Morey
Railroad preferreds offer varied risk and return prospects
Investors should distinguish seasoned railroad preferreds from those that are not yet top-tier. Chesapeake & Ohio Preferred offers 6.44 percent with cumulative dividends and potential convertibility, while Southern Railway and Baltimore & Ohio provide around 6.4 percent with differing dividend policies. Chesapeake & Ohio, Southern, and Baltimore & Ohio illustrate how market prices and earnings support steady yields amid evolving railroad systems.
MENTIONED IN THIS ARTICLE
Atchison, Norfolk & Western
Union Pacific
Ilinois Central
Chesapeake & Ohio
van Sweringen
Chesapeake & Ohio Preferred
Southern Railway Preferred
Southern Railway
South
Baltimore & Ohio
Baltimore & Ohio Railroad
N. Y. Evening Post, Inc
Prices Mixed in Bond Market and Stocks Rally
New York November 13 Rauail road end industrial bonds slipped after a brief high for the week as profit taking set in. Liberty bonds rallied with funds flowing into time notes recovering most losses. High yielding rails showed strength with International Great Northern and Katy adjustments posting new highs, while many railroad issues fell on late selling. Goverment issues largely recovered except for a weaker liberty issue. United Kingdom sterling rose three cents with the 1929 dollar reaching 1141 4. Wall Street stayed focused on feverish bond and stock activity as Louisiana Oil Refining & Invincible Oil planned a $3.5 million note issue to bankers with public offering to follow.
MENTIONED IN THIS ARTICLE
New York
Liberty Bords
St. Paul
Seaboard
Frisco
En Haven
Rock Island
Chicago & Eastern
U.S
United Kingdom
Weta
Trend Irregular in Curb Market Amid Mixed Shares
New York November 13 irregular trading in curb market with mixed gains and losses across key stocks. Cumberland Pipe Prairie Oil Gas Solar Refining South Pennsylvania Southern Pipe and Standard Oil of Kansas rose 1 to 4 points while Cities Service Common Red Bank Northern Pine and Standard Oil of Ohio slipped 1 to 4.5 points. Bakeries rose 3.5 to 4 points, Ward Baking gained slightly, utilities fell fractionally, radio issues slipped, and sugar markets showed mixed activity with 12,000 bags Cub en shipped out prompt.
MENTIONED IN THIS ARTICLE
New York
Cumberland Pipe
Prairie Oi
Pennsylvania
Tipe
Standard Oil
Kansas
Service Common
Red Bank
Northern Pine
Ohio
Ward Boking
Ware
Dubilier
Freed Biseman
New highs seen in wheat prices
Chicago November 13 Wheat soared to new highs this season as reduced Canadian crop figures spurred speculative buying. December closed about 1 1/4 higher, May up around 1 1/4, with corn and oats rising and provisions mixed. Canada Argentina supply reductions and world shipment tightness driven the rally.
MENTIONED IN THIS ARTICLE
Chicago
Dominion
Argentina
Australia
Equator
Canada
Cash Grain and Wheat Prices From Chicago St Louis and Kansas City
New price listings show wheat in multiple grades such as No 9 red No 2 hard and No 1 red winter with bids around 1 08 to 1 70 per bushel. Corn and oats quoted in various classes with No 4 white corn near 1 13 and oats around 84 to 95 cents per bushel. Prices reflect cash grain markets across Chicago St Louis and Kansas City for November 13 with monthly futures noted.
MENTIONED IN THIS ARTICLE
Chicago
St Louis
Kansas City
Country Produce New York market poultry and cheese report
November 14 market notes show poultry prices steady to firm with various by express and freight terms and futures activity in Chicago and New York. Creamery prices rise. cheese receipts firm. refined sugar prices steady with limited demand as offerings increase and post market rallies fade.
MENTIONED IN THIS ARTICLE
New York
Lre
Express
Hannery
Chicago
Coultry
Apot
Market Reacts to Setback as Trading Slows on Wall Street
New York November 13. The stock market cooled after a weeklong fever as turnover waned in early trading from 530000 shares to under a million by noon, with United States Steel and American Gas among leaders seeing mixed moves. Oil and copper sectors show shifts as the weekly American Petroleum Institute report notes crude production down to 1,928,000 barrels and midcontinent crude selling at a 40 cent premium, signaling a market exhale and potential future strength.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Wall Street
United States Steel
American Gan
General Electric
Cayamel
Steel Common
American Petroleum Institute
Standard Oil
Markets at a Glance New York Stocks Firm and Commodities
Markets at a Glance notes stocks firm with U S Steel at a net high and bonds steady. Sterling crosses 403 to a 1924 high while cotton and sugar show mixed or flat activity. Coffee up on trade buying. Chicago wheat bullish, corn firm amid unfavorable weather. Cattle strong with broad demand, hogs lower due to heavy receipts. Provisions in Chicago show varied prices for lard rib and bellies.
MENTIONED IN THIS ARTICLE
New York
U. S. Steel
Chicago
Atlanta Biltmore Bonds Command Premium Price
The first mortgage 7 percent bonds of the Atlanta Biltmore hotel were selling freely at 101 and interest amid strong early operation results. Citizens and Southern bank officials note easy market support and demand in Atlanta Savannah Macon Augusta Charleston, with Walter Lane praising the issue’s popularity and Bowman calling the first year highly successful except for the Los Angeles Biltmore.
MENTIONED IN THIS ARTICLE
Atlanta Biltmore
Atlanta
Citizens and Southern Bank
Walter Lane
Biltmore
Savannah
Maron
Angista
Charleston
Lane
John MecHntee Bowman
Atlanta Biltmore Hotel
Bowman
Los Angeles
Crude Oil Production Decreases Across United States
The weekly American Petroleum Institute report shows the US daily average gross crude oil production fell by 15 800 barrels to 1 928 800 for the week ending November 8. Oklahoma Kansas North Texas Central Texas North Louisiana and California volumes changed, with prices for Gulf coast grades up slightly and other grades steady. Imports and receipts at Atlantic Gulf ports and California oil at Atlantic and Gulf ports are noted, along with price quotes for Gulf coast and California crude.
MENTIONED IN THIS ARTICLE
New York
United States
American Petroleum Institute
Oklahoma
Kansas
North Texas
Central
Texas
North
Louisiana
Arkansas
Eastern
California
Wyoming
Montana
Colorado
Atlantic
Gulf Ports
Gulf Coast
Pennsylvania
Jirasford
Caliornia
Irregular Tone Marks Day as Market Closes Higher
New York stock activity showed erratic price swings with heavy profit taking and renewed buying. More than 30 issues, mainly industrials, hit new year highs while general indices commented mixed signals. United States Cast Iron Pipe and American Woolen among leaders, rail stocks softened later amid dividend expectations. Coffee futures opened lower before rebounding with unsettled liquidity and shifting demand.
MENTIONED IN THIS ARTICLE
Yenner & Beane
New York
Southern Pacific
Chicago
Milwaukee
St. Pauls
Byram
Yadona
American Wool
U. S. Stepl
Republic Iron and Steel
Crucible
Baldwin
International Combustion
American Can
Mack Truck
General Motora
Consolidated Gaz
Youle
S. F
Wabard
American Gmelting
United States
Sever
Psburt
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Orleans
Kew
York
Corron
Jae Low
Zioce
Naval Stores
Livingston & CO
Van
Republic
Slass
Gulf
Amedean
Coca-Cola
Frnnea
Boston
Port & Flagg
Southwest
P. Ellis & CO
Cnuntry
Hubbard Bros. & CO
Cntton
England
America
Jaime
Bates
BRER
VY. Curran & Co
Inca
Washington
T. W Hughes
T. W. Hughes
Paul Willard Garrett
Provisions
Provisiona
Riba
Bellies
Katy
Clint
Missouri Pacific
Atantic Coast Line
American Woolen
Dupont
American Ice
Brown Shoe
Central Leather
Federal
Goodyear Tire
Hares Wheel
Postum Cereal
United Fruit
A. R. Mallinson
Sears- Roebuck
Montgomery-Ward
Coca- Cola
Western Union
Brooklyn Edison
Maxwell Motors
A.” White Motors
General Asphalt Common
Frisco Common
Northern Parishc
American Smelting
Houston Oi
Aepeee
Rigeihan Connertiogs
Falge Santos
Sayres
Indus
Park Avenue
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