Speculators Ramp Prices as Freight Loadings Hit Peak
Speculators for the advance regained control of prices as traders rallied under rail and oil shares. Bankers’ assurances that high call money rates are temporary aided gains after freight car loadings for the week ending August 20 reached a record peak. Strong performances came from Atlantic Coast Line, Delaware and Hudson, and other rail issues, with Studebaker and Chrysler posting fresh highs amid broad market breadth.
MENTIONED IN THIS ARTICLE
New York
Bnund
Atlantic Coast Line
Delaware
Hudson
Bouisville
Nashville
Denver
Rio Grande Western
South
Studebaker
Motor Group
Chrysler
Houston General Patroleum
Atlantic
Shir
American Can
American Safety Racer
Dupont
General Biech Eie
International Shoe
Raliway Steel Springs
Westean Company
Wheat Prices Rise After Government Production Estimate
Chicago market notes a sharp wheat price uptick as traders speculated on the government crop report. The new estimate showed spring wheat production significantly higher than prior forecasts, lifting December and May futures while provisions largely declined. The day closed with mixed grain quotes and ongoing activity in bonds and utilities.
MENTIONED IN THIS ARTICLE
Chicago
Unis
Beglins
Bond Market Shows Mixed Activity Amid Rates Sterling
NEA reports increased bond trading activity with selective buying. Foreign and domestic issues, including railroad and government bonds, move in a narrow range as money rates stiffen. French 7 per cent bonds rise, Argentine sixes hit 1925 highs amid rumors of new towns. railroad issues like Denver and Rio Grande Western 6s lead gains. Public offering set for tomorrow: Central Petroleum fifteen-year fire per event bonds at 94 yield 5.02 per cent.
MENTIONED IN THIS ARTICLE
Nea Torn
Seat
Witte
French Republic
Denver
Rio Grande
Seaboard
Erie
International Great Northern
Doge Brothers
Pan American Petroleum
Chile
United States Steel
Gootrich Tire
Liggett and iMiyersoa
Central Petroleum
Bond and stock notes from Hardy Dana Co form
A compact notice lists foreign government bonds and Standard Oil stocks formed by Hardy Dana & Co. Members at a sew work stock exchange list the instruments available for trade and brokerage services.
MENTIONED IN THIS ARTICLE
Hardy, Dana & Co
Railroad asks commission to oust complaint in gravel dispute
Hatfield Construction of Huntington seeks dismissal of a joint rate complaint against the Chesapeake and Ohio railroad filed with the public service commission. Officials say they will establish a joint rate of 1.40 per ton and use a 4.18 tariff effective Oct 4 if not suspended. An intervening petition for a full hearing on Huntington to New York Central lines claims the proposed rate results from a fraudulent agreement and favors Huntington shippers, citing rates and mileage. Ten days are allowed for response, as previous attempts faced a 10 day notice requirement.
MENTIONED IN THIS ARTICLE
Public Service Commission
Hatfield Construction Company
Huntington
Ohesapeake and Ohio Railroad
T & Communication
Muntington
Creole
West Blur Creek
Widen
Cormleston
Commissior
Pot
New York Central
Pratt and Smith
Wicksinia Land and Gravel
Hunington
I. D. Rumine
Tor
Chesapeake and Ohio Railway Company
Wilson i Sand and Gravel Company
Wilson Sand and Company
Hatfeld Construction Company
Mutheld Canarrnetion Company
Weat Blus Creek
C. and
Tria
Siuell
Charleston
Huntington Shipners
Oaffivinis
Terpar
Itunt
Ington and
Peints
Bille River
T13
Warheld Company
Wilson Sand and Gravel Company
Charleston-Clendenin
Charleston Shipping Interests
Haid
Sugar market shows firming on European buying and Cuban activity
The New York raw sugar market opened with no local sales while outport runners bought 10,000 bags of Cuban at 4.40 duty paid, up 1-16. Futures gained modestly on renewed European cover and Cuban-linked demand, closing near the highs. September 262, December 262, March 265, May 266. Refined sugar markets steady with granulated at 555 to 699.
MENTIONED IN THIS ARTICLE
New York
Dairy and Produce Markets Report From Chicago and New York
In Chicago dairy and produce notes the butter market remains firm with tight supplies and active demand as buyers seek Intercent and other grades. Centralized market also shows firmness with good demand and limited supply. New York reports live poultry steady and dressed poultry steady amid ongoing supply considerations.
MENTIONED IN THIS ARTICLE
Chicago
New York Poultry
New York
Live Stock Prices and Receipts From Chicago and East Buffalo
Cattle receipts 13,000 at Chicago with varied quality. hogs 21,000. sheep 22,000. Cattle steady to firm, best grades strong, lower qualities offered. Hogs opened firm to higher on lighter weights, later price adjustments noted. sheep and lambs generally steady with fat lambs trading around mid-teens. East Buffalo reports cattle slow but steady, hogs active with mixed prices, sheep and lambs mixed but near steady. Flour unchanged in New York.
MENTIONED IN THIS ARTICLE
Chicago
Buffalo
Pa.og
Coal River and Eastern line transfer and figures
Interstate commerce commission approved Chesapeake and Ohio purchase of Coal River and Western line in Boone county. The 12 mile Coal River and Eastern route runs from Coaliver branch to Prenter, with a $370,000 transfer. Passenger service to be maintained. Output at Coal River Collieries planned to rise to about 6,100 tons daily after expansion, from 1,000–1,290 now.
MENTIONED IN THIS ARTICLE
H. E. Mathews
Chesapeake and Ohio Railway Company
Coal River and
Wastern
Boone County
Interstate Commerce Commission
Washington
Coal River Collieries Company
Remouth
Prenter
Coaliver
Chesabeake and
Qlifo
Gaal River
Gaul River
Chesapeake and Ohio
S Ual Riser Callieries Company
Drenter
Erenter
Chesapeake and Qhin
Conliver and Eastern Company
New York
J.T. Wunigan
Goal Hiver Cedileries Company
W. Denman
Cag River and Eastern Company
Katty
Coat River
Stern
Dominion
Sea
Commission
Deering
Coal River
Coal River and Eastern Railway Company
Emani
Brotherhood of Logomotive Engineers
Coal Hiver and Eastern Railroad
Wool Market Report Sees Light Demand and Stagnant Prices
In Woou Market Soston on Sept 9 transactions in wool are very light with activity focused in territories. One-quarter and one-half blood wools show combing grades at 1.13 to 1.47 and higher. Fine territory wools range from 1.28 to 1.42 for strictly combing classes. Fine Ohio delaine holds near 1.30 plus as supplies of home grown wool remain restricted and not active.
MENTIONED IN THIS ARTICLE
Woou
Soston
Ohio Delaine
Foreign exchanges irregular in New York market
Foreign exchanges in New York show irregular quotations with currencies from Great Britain France Germany and other nations. Rates include Great Britain 4.8475 percent for cables and 60 day bills on 81, France 4.70, Germany 80, Denmark 26.09, Switzerland 19.30, Spain 24.20, Poland 18.1, Argentina 40.27, Brazil 13.6 and Tokyo 47 with Montreal 93.32.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Germany
Holland
Vorway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Caedia
Slovakia
Jugo Slavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shangial
Montreal
Insane Daughter Case Shocks Sutton Eng Claim Arrests
AE insane case in Sutton Eng ends with arrests of Mr and Ren ee bert Williara for allegedly conspiring to return home a daughter who escaped an asylum. details unclear due to damaged OCR but notes mental state and alleged accusations around her behavior.
MENTIONED IN THIS ARTICLE
Dai
Sutton
Eng
Mr. and
Ren Eebert Williara
Fron
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