Stocks Rally As Money Crisis Eases Strong Gains Across Market
A brisk rebound followed an early selling surge as money rates fell from peak highs. General Motors led gains after an initial rise, while Mexican Petroleum and steel, oil, and equipment issues posted 5 to 20 point increases. Short covering aided the rally as call loans dropped to normal levels and trading totaled about 2.2 million shares.
MENTIONED IN THIS ARTICLE
Eecenere
Washington
Federal Reserve ‘Board
General Motors
Mexican Petroleum
New York
Ralle Te Anick
Reversal
Associated Oil
Texas Co
Crucibte
Bethlehem
Lackwanna
Republic Steels
American ‘Tobacco
American Woolen
Atlantic Gulf
United Fruit
Cotton Bounds Upward to the Maximum Limit
New York Nov 18 A dramatic cotton market turn after an early decline led to a sharp rebound. Prices rose from morning lows, with Deember up from 35.60 to 37.60, closing at 37.45 after fluctuating earlier. January and May futures climbed, while reports of frost and crop guesses fueled buying amid bullish stocks and money market sentiment.
MENTIONED IN THIS ARTICLE
New York
Déamber
Liverpool
United States
Sugar Scarcity Noted By Local Grocers
Bradstreet's tomorrow will say of local conditions: wholesale grocers report business fair. Scarcity in sugar still noted. Drugs in high demand, auto demand exceeds supply, cars coming in slow. Money tight, interest higher. Building materials eased somewhat. Dairy products firm. Metal shoe trade active. Real estate active with October transfers above prior months. Auto accessories and tires are active.
MENTIONED IN THIS ARTICLE
Bradstreet
Union Mine Tenders Quit Their Posts
Duquoin Il Nov 13 union miners left their posts after an order from local United Mine Workers following a mass meeting. In Springfield Ill Nov 13 union men deserted two Berton mines to care for company property under the strike order. Mexico City Nov 13 treasury order limits silver exports to 50 percent of bullion. effect to curb bullion sales amid coin shortages. Lincoln Neb claims the largest paint and chrome factory west of the Mississippi.
MENTIONED IN THIS ARTICLE
Duquoin
Ila
United Mine Workers
Springfield
Ill
Berton
SUVER
Mexico City
Mexico
Treasury Department
Lincoln, Neb
Mississippi River
Graph. Co Organizes Holding Corporation
The Columbia Graphophone Company forms a holding firm named Columbia Graphophone Factories Corporation to acquire land and build factories. It has bought a large Toronto site from the British Ministry of Munitions, previously Canadian Aeroplane Ltd, and a Baltimore site along the Pennsylvania and B&O rail lines. Additional city sites are under consideration.
MENTIONED IN THIS ARTICLE
Peel
Columbia Graphophone Company
Columbia Graphophone Factories Corporation
Toronto
Can
British Ministry of Munitions
Canadian Aeroplane, Ltd
Baltimore
Pennsylvania
Ohio
Rev Dr Campbell Addresses Striking Steel Workers
Rev Dr Archibald F Campbell of Washington Park M Church spoke to steel workers in Johnstown Pennsylvania to urge a return to work. He has met with notable local support and trustees granted another week of leave to continue his anti strike outreach.
MENTIONED IN THIS ARTICLE
Archibald F. Campbell
Washington Park
Johnstown
Washington Park Church
Campbell
Dr Bina Seymour Addresses Women on Social Morality
Dr Bina Seymour of Springfield addressed a large gathering of women and girls last night at the War Service center of the YWCA on Social Morality the third lecture in a four part series. Tonight the final lecture will be at the same venue with tickets available from the association room on Golden Hill Street or from forewomen in the shops.
MENTIONED IN THIS ARTICLE
Bina Seymour
Springfield
War Service Center
Barnum Avenue
Association Room
Golden Hill Street
Officers elected by American Legion in Minneapolis meeting
Jasper G Baton of Massachusetts was chosen national treasurer and Lemuel L Bolles of North Yakima Washington named national adjutant of the American Legion at the executive committee meeting. The Star Spangled Banner was selected as the official song. The committee adjourned to meet again at the call of national commander Franklin D Olier.
MENTIONED IN THIS ARTICLE
Minneapolis
Jasper G Baton
Massachusetts
Lemuel L. Bolles
North Yakima
Washington
Legion
Franklin D'Olier
Market closes strong in curb trading with gains
New York curb market notes a firm session on November 13 as several issues rise. Shell Transportation climbs to 72 percent, General Asphalt up 6 points, Vanadium 54 percent, White Oil 87 percent, A T Securities 62 1/2 percent, Simms Petroleum up 3, United Retail Candy 17 1/4, International Petroleum 50 percent.
MENTIONED IN THIS ARTICLE
New York
Shell Tr
UH General Asphalt
White Oil
A. T. Securities
Simms Petroleum
United Retail Candy
International Petroleum
Cotton Market Opens Heavy In New York
The cotton market opened heavy in New York with December at 36.00, down 20 points, January at 36.00, down 16, and March at 34.75, down 33. A quoted exchange remark follows about food prices and market sentiment.
MENTIONED IN THIS ARTICLE
New York
Three Big Mistakes Wrecked the New Haven, Mel len Says
Former New Haven Railroad president Charles W. Mellen, in a Boston News Bureau interview, blames three key missteps for the road's downfall. He cites missed sale to Morse, backing the New York Westchester and Boston, and carrying a $36 million floating debt in 1912, plus joint losses with the Pennsylvania in the New York Connecting Railway. He warns of government ownership and notes personal strain from the episode.
MENTIONED IN THIS ARTICLE
Boston
Boston News Bureau Today
C.8. Mellen
New Haven Road
United States
New York Connecting Railroad Co
Heil Gate
New Haven
Chas. W. Morse
New York
Westchester
Pennsylvania
Amr
Wreckers
Palmer stance on wartime prohibition endures despite rulings
Washington reports Attorney General Palmer maintains support for enforcing the wartime prohibition law. Supreme Court decision settles the question, with prosecutions continuing in other states while enforcement halts in Rhode Island and Kentucky. Ohio’s ratification timing remains unchanged until 36 states approve.
MENTIONED IN THIS ARTICLE
Washington
Palmer
Rhode Island
Kentucky
Poermment
United States Supreme Court
United States
Ohio
Finnish Delegates Admitted to International Labor Conference
Delegates from Finland were admitted to the conference on the same terms as other non-adherent nations. The decision followed two days of debate and aligns Finnish status with American delegates. An agenda item will consider league of nations rulings and potential court appeal if interpretations are unfavorable.
MENTIONED IN THIS ARTICLE
Washington
International Labor Coneference
Finland
League of Nations
Archibald Crawford
South Africa
Court of International Justice
Stuart Bunning
Great Britain
Malcolm ‘Delavigne
Grain Market Highlights Chicago Opening Note
Grain prices in Chicago show December corn up 1 8 to 1 4, May corn at 5 3 8, oats December 7 1 2 to 5 8, with adjustments in later trading. Close readings list December corn at 4.82 1 4 and May at 1.26 1 4 1 2, oats December 72 3 4 7 25 May 75 8 4 7 8.
MENTIONED IN THIS ARTICLE
Chicago
Liberty Bonds Trade Slumps After Margin Withdrawals
In New York on November 13 Associated Press reports vigorous trading in Liberty bonds, led to new low prices for Fourth 4 1-4 and Victory 4 8-45 as investors sell to raise cash for stock margins. Quotations show First 4s at 34.90, Second 4s at 92.84, Victory 3a at 99.33, with other issues around 99.22 to 100.190.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Joberty
Joan Honda
Iarke
Victory
Hs. Ae
Wiberty
Liberty Vial
Piss
Real Estate Transfers and Fire Destroys Opera House
Real estate notes show warranty deeds and quit claims involving Seeley Held and Schwartzenfeld Tarnocay plus a mortgage between East Side Flour Grain Co and American Bank. A citywide fire at Marseilles Opera House destroyed the building, causing extensive damage.
MENTIONED IN THIS ARTICLE
Henry B. Seeley
John J. Held
Regina Schwartzenfeld
Frank Tarnocay
Beechwood Avenue
Alfred G. Beers
Mary Jane Smith
Shelton Street
City Savings Bank
East Side Flour & Grain Co
Seaview Avenue
Fast Side Flour & Grain Co
American Bank, & Trust Co
American Bank & Trust Co
Corn prices recover on rally in stocks and grains
Chicago traders reported a broad grain advance led by corn as New York stocks rose and rural offerings dwindled. December corn at 1.82 1 4, May at 1.26 1 4, oats up to 1 1 2, with provisions fluctuating and hog prices quoted higher but uneven. Bulls regained momentum after midday amid renewed buying for May delivery from eastern orders.
MENTIONED IN THIS ARTICLE
Chicago
New York
Fred
Live Shocking Prices on Chicago Market
Hog receipts 49 060, est tomorrow 23 000. Irregular declines 25 to 50 cents, opened 10 to 16 cents higher. Bulk 24.00 to 14.75, top 14.38, light 13.75 to 14.86. Cattle receipts 19 000, est tomorrow 3 006, firm. Beef 18.40 to 20.50, veal calves 17.78 to 18.75, cows 8.75 to 18.50, stockers 6.25 to 10.98. Lambs 24 0 to 146.00, ewes 7.00 to 8.50. Export mix of market items and assorted quotes across commodities.
MENTIONED IN THIS ARTICLE
Allis Chalmers
Car & Fdy
Cet
Ol Co
Int. Corp
A. Smelt & Re Co
A. Sug Refg Co
Sumitra
Tel & Tele
Alaska
Atch
Baldwin Loco
Balt. & Ohio
Ty Beth
Brook
Rap
Bi Butte &, Sup
Can. Pacific
Cal. Patroleum
Ag Vt
Cen. Lea. Co. Wl
Cerro Do Pasco
Bo Btm Chandler Motors
Chi. M.&st. Paul
Isl. & P
Chile Copper
Chino A
Chesapke
Consolidated Gas
Col. Fuel & Iron
den. & BR. G
Del
Aludson Vedare
Erie
Erle Ist
Wil, & Wig
General Elec
General Motors
Inter
MOM. Pfd
Aixenne
Cop
Lacka. Steel
Lehigh Valley
Maxwell Motors
Petroleum
Midvale Steel
Missouri Pacific
Nevada
Nor. & West
N. Y. Central
N.Y. Noh
Ohio Cities
Ye Pan. Am. Pets
Pierce Arrow
Pierce Oil
Pennsylvania
Ray Cons
Ases
Reading Iron&Steel
Royx Dutch A
Ry. Steel Spring
Saxon Motors
Sinclair Cons
Southern Pacific
Southern Rail
Cees
BOM OU
Do. Pfd
Stude, Corp
Texas Pac
Texas Oil
Union Pacific
United Ret. Stor
United Fruit
U. S
U. & Ind. Alco
U S. Smelter
Utah Copper
Wabash Pfd
Aay
West
Union Tel
Westing
Willys Over
Alte
Chicago
Toledo Still Without Car in City Power Tug of War
In Toledo Ohio November 13 a conference on restoring Henry Doherty’s street cars failed to yield a solution. Mayor Cornell Schreiber and Doherty clashed over an ouster ordinance approved by voters that sent cars to Michigan. The New York magnate said a legal method to run cars without Doherty’s consent would require a permanent settlement by vote. Auglaize Power Co. of Defiance declined to intervene in the dispute over power for operation.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Henry
Doherty
Cornell Schreiber
Michigan
Auglaize Power Co
Defiance
Mexicans complain as U S airmen cross border
Mexican newspapers report repeated references to American aviators crossing into Mexican territory from border posts. Democrata claims the latest crossing occurred at Agua Prieta with airplane 2485 distributing English language recruitment literature. Editorials condemn the embarrassment caused by such acts.
MENTIONED IN THIS ARTICLE
Mexico City
Democrata Today
Agua Prieta
United States Army
United Verde Buys Haynes Group Claims at Ancome
United Verde Extension Mining Company purchased from West United Verde Copper Company the Haynes group of claims located on the opposite side of the ore belt at Ancome.
MENTIONED IN THIS ARTICLE
United Verde
United Verde Extension Mining Company
West
United Verde Copper Company
Haynes Group
Ancome
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UNION
Graph. CO
Organizes
Holding Corporation
Canada
DR. Campbell
American Legion
Bell
Boston Transcript
Mellen
THE
U. S. Supreme Court
LABOR
International Court
Wall Street
Real Estate News
Marseilles
Fhea
Pequonnock Lodge
Meyer
I. C. C. F. Willl
W. T. Meyer
Grand Lodge of Connecticut
Pequonnock Vdge
Sharga
Copver
Sear Sred
Marca Solc
U.S. Siamship
United States Steamship
United States Usursport Company
Shire
United States Steamship Concern
Eal
Mr. Groom
J. Fuller
Kansas City Star
Florida Times-Union
Schreiber
H. L. Doherty
U. 5
Box J
West End Station
Geo. B. Clark & Co
Broad ST
GEO. B. Clark CO
In & Company
Connecticut
Northeastern Shipbuilding and Transportation Co
Dept
National Securities Co., Inc
Chambera
New Haven, Conn
Corzon
T. L. Watson & CO
Main and
John Streets
Savings Department OF the City National Bank
Main and Bank Sts
Navy
State
Penna
Western
Hnennery
Maine
Long Island
Jergay
Pwbroves Sa ‘Tana
Main St
Bridgeport
Philadelphia
GEO, B. Clark CO
Vaughan & Company
Calvert Ridge
Baltimore, Afd
Spargo & Winter
Warner Ridge
Port Ot
Nevada Packard
National Underwriters Co
Std Ave
New York City
City National Bank
United States Depository
P, L., Holzer
James Staples
Keller, Manning, and Co., Inc
Public Accountants and Industrial Engineers
Audito
Cost & Accounting Systems
Vax
First Bridgeport National Bank
Bridgeport, Conn
Enon
Ana
Abe
Itvice
PEN Daily
TOSP
Op Paige
Detroit Motor Car
William
BULL
Re Security