Rumors of Mexican Oil Stock Move Drive Wall Street Rally
Wall Street opened strong amid pools and insiders selling early, then rallied under Reading leadership to cover Baltimore & Ohio shorts as market firmed. Cotton fell sharply, news from Poland negative, and speculation swirled about a major Mexican oil announcement. Atlantic Gulf and Reading shaped the trading, with Sugar and other sectors showing mixed action and total market turnover around 6.55 million par value bonds and 400 thousand shares traded.
MENTIONED IN THIS ARTICLE
Broadan Wada
New York
Aus
Federal Reserve’ Bank
Wall Street
Reading
Baltimore & Ohio
Alohing
Geo
Poland
Mexico
Atlante, Gault & West Indies
Atlantic Gulf
Confiscadorea
Olla
Tria
Balrimors & One
Baltimors & Ohio
Werther
Cincinnati
Hamilton
Gil
Rising Star
Texas
Southern Pacific
Peace Weer
Oh Men
Agai
Pan-American Petroleums
Houston Oil
Baldwin Locomotive
the Motors
Liberty
Cotton market falters in New York trading
In New York on August 24 the cotton market showed weakness with light sales. Knitting yarns sold around 57 cents per pound for frame cones, wool goats and burlaps remained steady amid weak firming. New York financials on August 23 list clearings at 525 to 47,087, balances at 96,388,668, sub treasury credit balance 209,604, federal reserve credit balance 394,508,175.
MENTIONED IN THIS ARTICLE
New York
Cleariss House
Sub
Treasury
Federal Reserve
Millions of Persons Dodging Payment of Their Income Tax
A New York report notes executives believe many Americans evade or reduce income tax payments, affecting those seeking to meet tax obligations. It estimates far more than two million should have paid taxes, with discussions of wages, rail workers, automakers, and the challenge of tracing all income. The piece cites presidential candidates favoring tax reform to ease collection and repeal the excess profits tax.
MENTIONED IN THIS ARTICLE
Holland
New York
Mid West
Minile
United States
Towa
Nebraska
Treasury Department
Great Britain
Congress
Coffee market in Brazil sees futures gains and mixed activity
In Brazil the coffee futures market opened higher by 1 to 2 coins with December at 40. Realized gains eased later as covering continued. December near 8.76, then 8.49, with notable activity in Sept to May deliveries and a roughly steady to firmer overall list. Wheat market remained quiet with Rio Tay quoted nominal.
MENTIONED IN THIS ARTICLE
York
Brazil
Faeter
Raiden
Deowminer
Vai Maresh
Mayi
Uly
Rio Tay
Grain prices ease on cooler Chicago market
Chicago August grain trading opened bearish with cooler temperatures weighing on prices. Wheat fell 4 to 7 cents with December at 2.25 to 2.28 1/4, March around 4. Corn slipped slightly to 0. to 1 1/4 cents lower. Provisions showed small declines.
MENTIONED IN THIS ARTICLE
Chicago
Liberty Bonds Auction Data Fragment
Fragmentary OCR data shows Liberty Bonds pricing with first through fourth issues, percentages and totals like 90.54 and 3.53. The text is garbled but indicates multiple bond series totals and per-unit figures. It preserves names of bond series and a numeric total in a ledger-like snippet.
MENTIONED IN THIS ARTICLE
Liberty
Tirst
Gag
Victory
Bridgeport Wholesale Market Report Lets Prices Edge Higher
In Bridgeport and New Haven markets farm goods showed varied movement. Potatoes sold well at 185 per bushel, while tomatoes and other staples fluctuated with local and southern shipments. Cal. Malaga grapes brought 4 to 425 per box, timothy hay and middlings listed, and dairy butter prices noted alongside bean, corn, and onion quotes.
MENTIONED IN THIS ARTICLE
New Haven
California
Balla
Timothy Mo
Cotton Falls Further as August Prices Hit New Lows
YORI Aug. 23 There were further declines in the cotton market with prices for all active deliveries at new lows. August contracts closed at 23.75 down 37 6 points. later months down 100 to 165 points. December quoted 24.80. Port receipts 4,912 and port stocks 704,770. exports 4,441 making 103,202 so far this season.
MENTIONED IN THIS ARTICLE
New
Yori
Delverien
Wales
U. S
Census figures show large city population increases
Washington Aug population figures announce Kanaas City up 79,088 to 80.5 percent, Santa Barbara California up 7,782 to 66.7 percent, Elyria Ohio up 5,649 to 38.1 percent, Petersburg Virginia up 8,875 to 28.5 percent. These reader notes reflect Census data and urban growth.
MENTIONED IN THIS ARTICLE
Washington
Kanaas Ciy
Santa Barbara
Cal
Elyria
Oho
Petersburg
Also Mentioned on This Page
Wall
Olmaring House
THE
City National Bank
Allis Chamers
BOHR
Alig Chaim
Alto & L
Middle Statag
Missouri “Pac
Amer
Nat An & Ch
Pig Baty YI
Ily Imam
Tay
Ham Ang
Almericart Woot
Anmoonda
Aten
Pasil Ia
Baldwin Tadesir
Pan Am P & 3
Baltimore
Adu
Pensaylvann
Bethielem St
Peanes
Fetralewi
Calif Petrol
Teacinigy
Chapenke & O Wry
Baty
Chic & North
Logie
Chie & Nor Pt Uo
AYO Republic i
Barhy
Consol
Tex Co
South
Cuba
General Motors
Prodaba
Generalol
Vanadium Corp
Ford
Yours Truly
Bridgeport
Conn. Agricultural Market Service
John P. Keogh
Consolidated Stock Exchange A
P. Co
W. I. Hammond. Jr
James Staples
William.r. Bull Security Big
Bridgeport, Conn
Asgeecate
Avignac
Kueh
Wiseul Agronts
Henry L. Doherty & Company
al Amects
Citien Servien Gemnary &H
Wall Stream
A. M. Wooster
haAw
Lt. S
Cunn
Loceretest
Savings Benker Savings Departments
Harttora
Conti
First Mortgage
Guaranty & Trust Co
Froat-Bridgeport National Bank Bldg
American Chain Co
Connecticut Telephone &Electric Co
Bridgeport Hardware Mfg. Corp
Hincks, Bros. & CO
New York Stock, Exchange
State Street
Waring Hat Manufacturing Corporation
Yonkers, N.Y
Coplee
William V. Campbell
Hee
Tellows
Tavady
Fli Corporation
Engle Felt
South America
Moxico
Europe
Australia
Japan
Detroit Stock Exchange
Standard Appraisal Co
Marwick, Mitchell & Company
Messus, Chadbourne, Bunt & Dueckel
S Oe
Merrill, Lynch & Co
New York Stock Exchange
Broadway
Denver
Los Angeles
Ha Salle Street
Perobscot Building
Gas & Electric Buil'ag
N. van Nuys Bullag
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