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This newspaper page contains 28 articles. Subscribers can read the full text of each article.

Newspaper

Atlanta Constitution

Location

Atlanta, Georgia, United States of America

Date

Nov 19, 1924

Page

9

New High Marks in Stock Market Run as Shares Rise

New York November 18 Stock prices surged with total sales over two million shares for the sixth time since the election. Rail and industrials hit new peaks, with railroad issues leading gains, United States Steel rising over two points to 113 1/4, and utilities like Consolidated Gas and Laclede Gas reaching year highs. Merchandising stocks rallied including Sears Roebuck and Montgomery Ward, while call money firmed to 2 1/2 percent and prime commercial paper held at 3 1/2 percent.

New York Fisto Common Union Pacific Northern Pacific Missouri Pacific Katy United States Steel Corporation Common Consolidated Gas Laclede Gas Peoples Gas Columba Gas Sears-Roebuck H. R. Mallingon Associated Dry Goods May Department Stores Montgomery Ward Iown Shoe Maxwell Motor 1 U. 8 Cast Iron Pipe American Kee Commercial Solventa Federal Reserve Bank AEANE Geasion Atoche Seare Roebuck Associated Frisco Common Yingstone American Can General Riedrie MQB Studebaker Maxwell Motors Consolidated Gas Soa Chien Pacific St Pauls- Sies Twan Taits Radio Corporation of America Atchison, Topeka & Santa Fe Railway Company United States Steel Common

Cotton Market Moves With Gains On Tuesday in New York

In New York on Tuesday, the cotton market showed a steady tone with gains early and modest retreat later. January touched 24.65, closing around 24.45, with overall net advances 13 to 28 points as traders weighed improved Liverpool cables and domestic reports of growing crops. Eastern belt signals of Europe buying and hedge selling influenced prices, while private crop estimates ranged around 12.5 million bales and 114.8 million including linters. Bank clearings in Atlanta totaled 1.810 billion dollars, up from last year and higher than the previous week.

New York Te Way Liverpool South Orleans Wadvices Europe Wos Sii Fenner & Beane New Orleana Hubbard Bros Pricca Wall Advicca Manchester Biralneex Januars Strickland Atlanta New Orleans Elling Shorts Turvestine Rosin Nema Yee Wwe Ao Memphis

Market Roundup Shows Rail Strength and Cotton Trends

News and financial notes from New York and New Orleans report a robust rail sector led by Central and Alco, with Radio Corporation of America rising. Cotton futures show mixed gains amid strong exports, active ginning, and optimistic sentiment, while Liverpool markets inch higher on steady demand and retailer strength.

Markets at a Glance from New York and Chicago reports

Markets at a glance show stocks near records with rails led by gains and bonds steady. Commodities move with cotton higher and sugar softer while coffee and wheat show strength or irregularity amid mixed futures signals. In Atlanta, B Strickland of the Fourth National Bank spoke on banking service and community drive cooperation at a luncheon of the Atlantes club at the Robert Fulton hotel.

New York Chicago Atlantes Club Robert Fulton B. Strickland Fourth National Bank H. Wagenhals Atlantes W. G. Grant

Cotton market signals mixed in New York and Orleans

New York reports steady spot cotton at 24 50 cents while New Orleans notes a firmer tone with gains of about 30 points on the day. Trading shows buying from shorts covering and crop outlook worries, with several price levels cited for different cotton grades. Estimates of export totals and domestic stocks emerge from Memphis and southern authorities as markets adjust to wartime demand and policy shifts.

New York Cotton Exchange Prices Mixed on November Day

U S Daily Cotton Review reports advances in most futures on the New York Cotton Exchange with December futures unchanged from yesterday. December contracts opened at 24 080 and closed near 24 2Nr cents per pound, while Liverpool and New Orleans December futures rose modestly. Middling spot prices across 10 markets averaged 24.180 cents, with New Orleans at 23 50 cents and daily spot sales around 31 thousand bales.

Washington New York Cotton Exchange Liverpool Cotton Association New Orleans Cotton Exchange Ber New Orleans

Cotton market report with regional middling prices and movements

The page lists Middling cotton prices for ports including New Orleans Fort Mtv Mobile Savannah and Charleston with receipts shipments exports and sales figures. It records totals: today receipts 97 a orporta 40028 sales 7646 and week receipts 262188 season receipts 4164825 with various port stocks and movements across multiple ports.

Wimington Baltimore Orporta Anles Turk Memphis Augusta St Louis Houston Little Rock Amanta Dallas Montgomery Evporta

Liverpool Cotton Prices and Futures Move Steady

Liverpool cotton prices hold steady with quotations across grades from strictly good middling to strictly high milling. Futures show December to March contracts trading mixed as traders weigh crop data and refinery demand while American receipts rise. New York markets lift on refinery demand and spread trades with crude oil futures firming.

Liverpool

Editorial Pitches US Navy Plans Tilt in Japan

Tokio dispatch notes the arrival of Edgar A. Bancroft as ambassador and reports Kokumin Shim bun editorials urging him to press Washington to halt naval maneuvers near Hawaii. The papers warn the plan harms goodwill and fosters anti American sentiment in Japan.

Tokio Associated Press Edgar A. Bancroft United States Japan Kokumin Shimbun Hatwaii Bancroft Washington

Irregular Tone Dominates Early Bond Market Activity

New York reports a volatile session with U S government issues and railroad bonds seeing activity. Speculative interest shifts to raw scores and high yielding issuers. several issues hit new highs or strong moves while certain utilities and Liberty bonds show modest pressure toward close.

Factors that determine a poor real estate buy

A dead realty broker warns buyers to spot flaws in property. High taxes, janitor salaries, poor insulation and boilers, bad heating and lighting, old plumbing, expensive decorating, high insurance, unsafe construction, dark rooms, and bad locations can each render a sale a poor buy. Look for these defects to avoid costly mistakes.

Mit Associated Editors Inc

Rhode Island Solons Plan to End Deadlock

Rhode Island leaders reach a conference agreement to limit action in the general assembly to appropriation measures only. Democratic and Republican committees on finance sign the deal, as 22 Republican senators who had been in Rutland Massachusetts since June 19 may return. The state legislature has endured a long filibuster by Democratic minority members.

Providence R. L Eadlock Rhode Island Assembly General Assembly Rutland Mass

The Investor and Utility Growth in the 1920s

The piece argues that utility stocks mirror earlier railroad expansion, highlighting power and light issuers American Power and Light and North American Company. It cites rising earnings, dividend records, and substantial capital gains from 1921 to 1924, with per-share earnings around 3 to 4 dollars and strong market prices.

American Power and Light Company Common Common American Power and Light Company North American How Wave

Oastler Accepts Chicago Board of Trade Post

Oastler resigns as assistant chief marketing specialist at the U S department of agriculture cotton quotation service to become chief inspector of cotton deliveries for the Chicago Board of Trade He will be based in Houston Texas Charles Branham of Memphis will succeed him Oastler joined government service in 1918 and led supervision of cotton differences on southern spot markets He helped Atlanta grow as a leading cotton center and worked with the Atlanta Commercial Exchange on its building and campaign to elevate north Georgia cotton.

B. BR. Oastler United States Department of Agriculture Bureau of Agricultural Economies Chicago Board of Trade Oastler Houston Texas Charles Branham Memphis Branham Atlante Oastier Lester Goldman Cotton Company Alexander Eccles Cotton Company Quastler Atlanta George South Atlanta Commercial Exchange Exchange North Georgia

Radios Lead In Curb Market Advance

New York November 18 radio shares led a curb market rally with several issues climbing. Radio Corporation of America rose to top price near 92 8 and Amoco, Hazeline and other names posted gains on heavy turnover. Cleveland Motors and American Gas and Electric advanced while United Bakers fell on merger nerves.

New York New York Stock Exchange Pont Sport Standard Owl Indiana Cleveland Motors American Gas and Electric United Bakeres

Loew's theater boss touts strong business in South

BEA Schiller, Loew's Incorporated general representative and former Atlantan, says the theater chain had a prosperous year. He visits Atlanta and notes plans for a new 1 million dollar Loew's in New Orleans on Canal Street with Saenger and A. Ro Erlanger. The South will continue to host big-time vaudeville acts under a full-week policy at Loew's Grand.

Loew's, Incorporated United States Canada Bea Schiller Loew's Saenger A. Ro Erlanger Canal Street Crescent City Elke Loew St. Lown Schiller Atlanta New York Metro Goldwyn Mars Toew Schuller Loew'a Grand South

Frisco committee set to discuss dividend policy

The executive committee meeting of the St 1. ROR is planned for tomorrow with dividend policy on the agenda though no announcement is expected. Regular directors meet December 3 to inaugurate any new policy. Radio Corporation of America shows rising earnings and a near term common dividend likely after the next report.

Frisco St 1. Ror Jutta Radio Corporation Radio Corporation of America

Gangsters Clash Wrecks New York Restaurant

In a pistol battle on New York's west side interior of a restaurant was wrecked as more than twenty shots rang out. Edward Sullivan was shot four times and seriously wounded while dining. three gunmen fired through a window, shattering glass as patrons ducked for cover. The assailants fled in a taxicab.

New York Tower West Side Edward Sullivan Sullivan

Former suitor sought in murder of Mrs. Bowers

Detroit police pursue a former suitor of 27 year old Mrs. Anna Lee Bowers in connection with her murder in Baltimore. A man detained as a possible suspect reported embezzling 21000 and claimed to have arrived from Alabama with Mrs Bowers a month ago. Six letters from a former admirer were found. investigators seek to confirm or deny links to the case.

Detroit Mich Anna Lee Bowers Baltimore Mrning Detroi George A. Reeder Hawkins Bowers Alabama

Rail market buoyant as freight loadings dip after election

The Day in Finance notes a bullish New York market with rails leading gains on a 2,000,000 share pace. Freight-car loadings for seven days ending November 8 fall 78,000 to 994,504 due to election holiday and later farm rush. Banking firms push railroad stock offerings, raising over 100,000 shares early, signaling possible further offerings and renewed ownership shifts.

New York Wall Street Great Northern Northern Pacific Northwestern Raiway Bangor & Aroostock

Corn Touches New Highs for Season in Chicago

Chicago markets report corn hitting new seasonal highs amid freezing temperatures and strong demand. Prices jumped across contracts with May at 122% to 123% and December around 153%. Wheat and oats rose on corn strength while overall trading remained buoyant as buyers sought immediate delivery.

Chicago Ishes Liverpool Buenos Aires

Newton Convict Slain With Razor In Prison Camp

In Covington Georgia on November 18 special prosecutor Willis Brown, a white convict, is held on a murder charge after rival convict Henry Gibson, a Black man, was found with a slashed throat at the Kenton County corner camp near Mansfield. Both were trusties in the mess hall area where the attack occurred amid claims Brown had reported Gibson for misconduct and was shackled, later freed, with Brown facing Newton county court for the January term. Brown, awaiting completion of a prior assault with intent murder sentence from Hancock County in 1927, is held without bail. court officials Claud Smith and Judge John A. Antcheson preside.

Covimgton Ga Will Brown Newton County Court Henry Gibson Kenton County Mansfield Gibson Brown Hancockounty Newton County Oheitor Claud Smith John 3.Antcheson

Falls five stories in automobile. only bruised

New York November 18 Despite the fat that he backed his automobile into an open elevator shaft in a garage and fell five stories with it to land on another automobile just entering the shaft Lindley M Franklin of Flushing is suffering only from minor bruises Archibald Nesbett of Bayside vice president of the George A Fuller Construction company occupant of the second car sedan also escaped serious injuries although his hurts required hospital treatment Both cars were wrecked in such a manner as to protect the drivers from being crushed.

New York Lindley M. Franklin Flushing Archibald Nesbett Bayside George A. Fuller

Masonic Club Luncheon Held in Peacocks Cafe

The Atlanta Masonic club meets for its regular weekly luncheon today at 42 30 o clock in Peacocks cafe. Joe Reid, club president, returns from a two week absence to preside, with a program under the supervision of Southern Bell Telephone and Telegraph Company.

Atlanta Masonic Club Peacocks Cafe Southern Bell Telephone & Telegtaph Company Joe Reid

Railway shares rise on dividend talk and expansion plans

Rumors swirl of a substantial profit distribution to railway shareholders as Frisco directors plan December 3 meeting to consider a 3 dollar per share common stock dividend. American Railway association discusses boosting equipment expenditures from 30 million to 100 million, with gains in Frisco and related firms and a strong pool forming in Amelia based Rad Corporation stock.

Frisco American Railway Association Rade Corporation of Amelia Geitis

MacMurray Named Hughes Assistant Secretary of State

Washington reports John A. MacMurray of New Jersey was appointed by President Cooke as assistant secretary of state, replacing the late A A Adee. A veteran of the Far Eastern division, he will focus on China and Japan, with extensive service in Peking and Tokyo and prior roles in Bangkok and Europe. MacMurray, 43, educated at Princeton and Columbia, is a Schenectady native living in Princeton at appointment.

Washington Presiddent Cooke John An Aa MacMurray New Jersey Ar MacMurray Peking Tokio A A Adee Treials Congress Mgr Adey MacMurray China Japan Diplomatic Regation Bangkok Near Istern Amerian Legatium Amencan Legation Far Eastern Far East Princeton Columbia Schenectady

Funeral Services Held Today For Beloved Woman

Funeral services for Mary Morris who died Monday night at St Josephs infirmary will be held at 3 pm today from Sacred Heart church. Pallbearers listed include J B Reehardson J W Daley J A Rolestone J E West B L Knott and J M Corrigan. She was a devoted Sacred Heart member who did parish work and is survived by her brother John Morris Sr of Keely company and two sisters Mrs Kata Healey and Mrs J L Bowers of New York City.

Mier Mary Morris St. Joseph's Infirmary Sacred Heart Church Reehardson J W Daley J A. Rolestone J E West B L. Knott J M Corrigan Mass Morrs John Morris, Sr Keely Company Kata Healey J. L. Bowers New York City

Biblical Authority Will Lecture Here by Dr. Levy

Dr Mark John Levy of Washington DC well known as a speaker on Biblical topics will address the women's Bible class at Drud Hills Methodist church at 10 o'clock Thursday morning. Levy is touring the south after recent talks in Charleston and Beaufort and just returned from London where he helped organize the International Hebrew Christian conference set for next year.

Mark John Levy Washington

Also Mentioned on This Page

Constitution Atlanta, GA Eek Ag Maech Orleans GE Fig Cri FLAGG United Sates Department of Agriculture RR Castler Selma Ala Liberton Ga Thomaston Livingston & C Oavis Bros & CO HK & B. Beer Ourjfan & Co Heserva Bank Che Mr. Chuggins Bomlesger Washington Star Naval Stores U. S. Daily Cotton Review U. S. Navy Hhi Denver & Fie Erie General Baltimore & Ohio Norfolk & Western Federal Light and Traction Hich Maxwell Motors American Waterworks Pmblic Liberty Bonds Eareer Rhode Island Solons Paul Willard Garrett Chicago Board of Trade Post CURB Gangsters’ Battle Wrecks N. Y R. L. Barnum Cash Grain Wie Kansas City Newton Masonic Club Mmurray Hughes Biblical Authority Cain
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