Entire List Holds Firm In Spite of Profit-Taking
New York stocks maintained a strong undertone amid heavy profit taking and lighter volume. Industrial averages rose to a new peak since 1920, rail stocks led gains with Missouri Kansas Texas hitting 14-year highs, and many issues reached year highs amid selective buying. Exchange rates climbed with sterling at 4.64 and South American currencies showing strength.
MENTIONED IN THIS ARTICLE
New York
New York Central
Missouri, Kansas & Texas Preferred
Atchison, Lackawanna
Delaware & Wudnon
Gulf, Mobile & Northern Preferred
Ontario
Western
Fisher
International Harvester
United States Industrial Alcohol
American Waterworks
American Beet Sugar Preferred
Jordan Motors
Laclede Gag
Pennsylvania Coal & Coke
Savage Arms
United Fruit
Worthington Pump
Western Union
Rawia Corporation
H. R. Mallinson
Nash Motors
Coca-Cola
Postum Cereal
Montgomery Ward
American International Corporation
General Asphalt
Baldwin
Pivotal
American Can
United States Steel
Studebaker
Cotton Market Slips After Early New Highs In New York
New York reports show a persistent buying surge pushing cotton to a season high before late gains faded. December and March futures slipped from morning peaks amid weekend liquidation, while New Orleans spot prices held firm with steady demand. Reports of census consumption and mill takings supported some gains, but broader selling persisted across markets and ports.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool Cables
Census Bureau
Texas
Oklahoma
Liverpool
Hester
New Orleana
Fail River
Market Climb and Mixed Signals From Wall Street
Dealings for today's five hour session fell below two million shares as vigor waned yet strength appeared in rail stocks and oils. New York Central hit new yearly highs while M. K. & I and Tackawoma rallied. cotton markets rose on favorable census data and Coolidge remarks, then retreated on hedging and profit taking amid a broadly optimistic but cautious trading day.
MENTIONED IN THIS ARTICLE
Zenner & Beane
New York
New York Central
Tackawoma
Frieco
Wabash
Iagma
Oits
Sitams Petroleum
Sinclair
Central Iowa Power and Light formed with new mortgage plan
The Central Iowa Power and Light Company is created by merging Citizens Gas and Electric, Cedar Valley Electric, and Northern Iowa Gas and Electric. It will own and operate merged properties, serve about fifty central and northern Iowa communities, and hold a new first mortgage bond plan totaling $6.5 million plus convertible bonds, preferred stock, and common shares. Net income for the year ended August 31, 1924, reached $781,726, vastly surpassing annual interest obligations.
MENTIONED IN THIS ARTICLE
Central Iowa Power and Light Company
Iowa
Citizens’ Gas and Electric Company
Cedar Valley Electric Company
Northern Iowa Gas andElectric Company
Electric Power and Light
Waterloo
Consolidated Company
Northeastern Iowa Power Company
American Gas Company
American Gas
Central Iowa
Vross
Gas Department
N. Y. Evening Post, Inc
Hester's Weekly Cotton Statement Summary
Cotton market overview with comparisons to the prior week and year. Notes weekly receipts, exports, and domestic mill takings. includes year over year and season totals. Indicates figures for the United States and foreign trade, with reference to mills and Canada and worldwide cotton trade data.
MENTIONED IN THIS ARTICLE
Genaan
Mills
Canada
Annaod
Epimora
United States
Cotton Market Movement and Outlook in November
New Orleans and New York reports show steady cotton receipts and middling prices amid a larger domestic consumption and improving trade. Analysts Hubbard Bros note continued demand and a shift toward consumption, with prices unlikely to drop sharply while export and mill use rise.
Setback Seen in Wheat Market Amid Scarce Demand
In Chicago on November 14, foreign buying was limited and many speculators were selling to take profits as wheat prices slid late in the day. Unrealistic crop reports from Argentina spurred only a brief rebound. Prices weakened across grains with December and May futures down, while provisions fluctuated. Private cables from Argentina hinted drought relief in parts of the country, lifting sentiment briefly before profit-taking drove declines. Corn and oats followed, with weak receipts and disappointing husking data weighing on fruitless rallies. Overall, activity suggested a price reaction was expected after last gains. markets paused as traders reassessed.
MENTIONED IN THIS ARTICLE
Hubbard Beos, & CO
New York
Due
Manchester
Eenana Bureau
Chicago
Prises
Argentina
Europe
Frome
Liverpool
Sterling Exchange
Dun's Report Indicates Market Freeness Boosts Prices
Dun's tomorrow notes freer movement in leading markets with active buying lifting prices for wheat cotton hides and leather. Stocks rise as large funds seek investments while cotton growers harvest under ideal conditions improving finances despite weather. Liverpool cotton prices show steady demand and varied middlings with American sales included. Cottonseed oil edges down amid mixed sell orders but firmness in tallow and lard cushions impact.
MENTIONED IN THIS ARTICLE
New York
Dun's
World Petroleum Production in 1924 by Garfias
Valentin R. Garfias of Henry L. Doherty & Co analyzes 1924 world oil output. The United States drove the year’s rise, but 1924 also marks a decline in US production after a peak, with Venezuela rising to prominence and Maracaibo basin logistics shaping future supply. The report notes global production near stationary, shifts in national leaders, and cautions against optimism amid potential oversupply and efficient refining boosting apparent output.
MENTIONED IN THIS ARTICLE
Valentin R. Garfias
Foreign Oil Department
Henry L. Doherty & Co
United States
Mexico
Persia
Romania
Poland
Sarawak
Germany
Canada
Algeria
Enel
yParth
Tampico Dar
Dutch East Indies
Rumania
India
Peru
British North Borneo
Venezuela
Berneo
Kamenia
Atlantic Seaboard
Maracaibo Lake
Russia
Sofia
S¢zaran
Damien
Wall Street in wild speculation as public bets rise
The Day in Finance reports Wall Street on a volatile day with sales under 2,000,000 shares and many issues hitting new year-to-date highs. Analysts debate public participation, while long-standing brokers warn of a potential sharp setback, comparing current trends to prior decades and noting talks of consolidations across railroads and industry.
MENTIONED IN THIS ARTICLE
Washington
Wall Street
McKinley
TNO
John W. Gatea
Germany
Bss
Cotton Consumption Rises Sharply in October Reports Census
The Census Bureau reports October cotton consumption at 582,620 bales, up from 435,216 in September and 48,260 in October last year. State figures show 373,390 bales consumed in October, with October stocks in consuming establishments at 468,578 bales and in public storage 3,980,449 bales. Cotton spindles active numbered 16,463,953. Overall October totals include exports of 556 bases and a held on hand of 730,656 bales of lint.
MENTIONED IN THIS ARTICLE
New Orleans
Curran & Co
Atlantic
Census Bureau
United States
Washington
Finters Bog
DAT
U S Daily Cotton Review From Washington and New York Markets
U S Daily Cotton Review reports New York and Liverpool futures higher at open with further gains. December contracts opened around 24.78 cents, moved to about 24.60 cents by midday, compared with 24.46 yesterday and 34.27 a year ago. Liverpool December settled near 15.67 pence versus 20.23 a year ago. New Orleans futures closed at 24.62 cents, down from 24.55 yesterday and 33.73 a year ago. Middling spot in 10 markets averaged 24.39 cents, near 24.30 yesterday and 33.40 a year ago. Dallas area middling 7-8 inch about 126 points off January futures. Oklahoma territory 1 to 11-16 inches around 25 points off December. Demand strong for grades below middlings. Memphis narrowings noted. Copper markets in Newark firm with electrolytic spot and nearby up, futures at 13 1/2 ltes.
MENTIONED IN THIS ARTICLE
Washington
New York Cotton Exchange
Liverpool Cotton Association
New Orleans
SL Contingent
South
Dallas
New York
Oklahoma Territory
Memphis
Montgomery
Newnen
Colombo
West Point
Gary
SavanpahAnane
Macon
Jacksonril
Jacksonville
Hamlet
Monroe
Birmingham
Atiaote
N. Y
Wash
No’k
Columbia
Charleston- Wilmington
Anguate
Souter Laase
Esoxville
Blue Ridge
Cincinnati-loulseilte
Nashville-Chatlononza
Sah
Belp
Canvarsers
Leeds
Plante
Flowere
Estara
Bureso
Diultipis
Soburhay
Iien
Rail Schedule Fragments From Atlanta Terminal and Connections
A fragmented rail timetable lists connections on the Central of Georgia and Southern lines. It mentions Atlanta Peachtree station, Savannah, Macon, Birmingham, Montgomery, and New Orleans routes with various arrival and departure times and a long classifieds section detailing rates and ad categories.
Also Mentioned on This Page
Indus
Houta
Weason
Anl
Ubierzo
Livingston & GO
Post and Flagg
Hater
Fenner & Beane
New
Orleana
Tanep
Orvid Bros. & CO
Coolidge
Livingston & CO
Paul Willard Garrett
Hester’s Weekly Cotton Statement
Orleans
Caporis
Charleston
Alock
Wilmington
Aatea
Hartimore
Yorks
Millling
Boston
Atork
Houston
Port
Plack
I ‘Augusta
Atock
St. Towla
Touston
Little Rock
Rock
Atlanta
Teceipta
Roles
Rtork
Renson
O. F. Ellis & CO
England
Cash Grain
Saha
Sig
Har
Timothy Need
Kanine City
Navender J
Oata
Dun’s Report
Lverpool
Naval Stores
R. L. Barnum
Financial
Financial District
Ciengo
Evember
Ink
Hei
Lara
U. S. Daily Cotton Review
Newark
The
Atlanta Constitution
Mae
Elis
Guy C. Kilgore
Are
Franklin, Ky
Afoy
Plenee
Wesley Xeal
Cumming