Bankhead Act faces drought induced strain on quotas
Drought and adverse weather trim cotton prospects to about 9.25 million bales under the Bankhead program, forcing states to limit yield to quotas or incur penalties. Senator Russell warns of hardships for small Georgia farmers with allotments under 500 pounds lint per plow. Senate figures critique administration speed, while some call to suspend or abandon the act amid regional drought disparities.
MENTIONED IN THIS ARTICLE
Senator Russell
Georgia
Sherman
Bankhead
Cully Cobb
AAA
Florida
Loan Liberalit y to Be Encouraged
Financial circles indicate plans to push banks toward longer term loans to spur investor willingness. Officials cite a shift away from short term paper post New Deal and liquidity in other loan types. Dr. Jacob Viner will report to Treasury on bank examinations guiding a liberal credit policy.
MENTIONED IN THIS ARTICLE
Washington
Sept
Jacob Viner
Secretary of the Treasury
Morgenthau
Treasury
Scon
Federal Deposit Insurance Corporation
New York Stocks Close Mixed Across Rail and Steel
Industrial and energy shares showed mixed moves with Anaconda Copper and Bethlehem Steel advancing while General Electric and United Aircraft posted smaller gains. Notable declines appeared in Chrysler and Texas Corp as the market absorbed early gains and sought direction.
MENTIONED IN THIS ARTICLE
New York
Voces
Auburn Motor
Bethlehem Steel
Bendix
Cesenese
Waeveee
Southern
Casa
Erence
Chrysler
Pee Ese Ceee
Curtis Wright
Sss
Wees
Dupont
Ace Wees
Electric Land P
General
General Foods
Ereess
General Electric
Goodyear
Bockhao Wes Age
Hudson Motors
International Harvester
Tel and
Telg
Industrial Rayon
John Mannsville
Kennecott Corp
Lorillard
Montgomery Ward
New York Central
JC Penney
Cee Ween
Packard
Css
Fee Wee
Radio Corp
Reynolds Tobacco
Keith Orph
Sears Roebuck
Southern Railway
Texas Corp
Eev Zee
Texas Guif
Ce A. Vee
US Steel
United Fruit
United Aircraft
Sen Se
Westinghouse
Ss. S
Woolworth
Wen Seen
Ford of England
Western Union
Wee
Chicago dairy prices and sales report
Chicago market notes show butter prices across grades with 93 score creamery specials at 25 to 25 1 2 cents and extras 92 24 1 2. Eggs remain steady with extra firsts at 21 1 2 to 2 cents and refrigerator extras 21 cents. no butter or egg sales reported.
MENTIONED IN THIS ARTICLE
Chicago
Turpentine and Rosin Market Report from Savannah
Naval Stores in Savannah on September 19 reports turpentine at 41 1 2 with 135 sales, 501 receipts, 26 shipments, stock 17,424. rosin at 607 sales, 1,386 receipts, 600 shipments, stock 142,936. Price quotes list grades B through I and K through N with varying rates from 4.00 to 5.25 per unit.
MENTIONED IN THIS ARTICLE
Naval Stores
Savannah
Turpentine
Market Report: Cotton Falls on Hedge Selling and Lower Prices
New York stock notes hedge selling and equidation of October. spot cotton prices down 13 to 16 points as buying stays scattered. Rumors of AAA pool cotton sales to FERA or open market. Oscar Johnson to provide particulars Friday noon by radio. Weather fair. weekly West/Central favorable but Eastern belt hurt by rain. exports down over half a million from last year. market pressured by lack of buying incentive with October below its loan peg at about 12.75.
MENTIONED IN THIS ARTICLE
New York
AAA
FERA
Oscar Johnson
Virginia
North Carolina
Carolina
Georgia
Florida
Kentucky
Tennessee
Maryland
United States
Newport News
Norfolk
Louisville
Grain Market Summary From Chicago
Sharp Liverpool break triggered liquidation in Chicago with modest price declines. Mills reportedly buying on the downside while cash wheat remains steady. Corn under moderate pressure with weather concerns and frost risk prompting earlier maturation needs and forecasts of colder belt conditions.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Canadian
Ice-Proof Ship Archangel Built For Arctic Service
Among more than 100 wooden ships built or under construction for Arctic service here a new design vessel is being developed. When squeezed by floes it will be pushed up onto the surface of the ice.
MENTIONED IN THIS ARTICLE
Archangel
Treasury plans longer loan maturities relaxes security rules
Treasury officials say the aim is to ease banks’ holdings of long-term loans by extending permissible maturities while maintaining security standards. No intention to loosen credit barriers, only to improve convenience for banks managing longer-duration assets.
MENTIONED IN THIS ARTICLE
Treasury
Tobacco Market Opens in New York for First Time
The New York Tobacco Exchange opens trading in tobacco futures for the first time in the industry’s history. Brokers gather in a modern trading room in the financial district to match bids and offers as eight future months start January and four more are added later.
MENTIONED IN THIS ARTICLE
New York
New York Tobacco Exchange, Inc
Department of Agriculture
America
Financial District
Broad Street
Roman Bronze Coin Hoard Found Near Audierene
A 3rd century bronze Roman coin hoard was unearthed in an ancient jar exposed by a quarryman at Servilly near Audierene in Brest.
MENTIONED IN THIS ARTICLE
Brest
France
Servilly
Audierene
Circus Lion Killed After Rampage
Policeman Paul witnessed a lion attack during a parade. Guards fired four shots from a high powered rifle then the lion was killed with the officer's pistol. Citizens fled as the animal dragged a rider before officers intervened.
MENTIONED IN THIS ARTICLE
Page One
Paul
Unclear excerpt notes a political figure advancing to executive role
The fragment mentions a candidate who enters the executive mansion for a new term amid turmoil from a policy dispute and rising costs. Details are limited and names or dates are not provided.
MENTIONED IN THIS ARTICLE
Jango Field
Candates
Also Mentioned on This Page
Smith
South Carolina
Des Moines
Towa
Wallace
Wwe
Metro News
Helen Pemberton
8. C. Carlisle
Ruth Gantt
Bonita Cox
J. A. Campbell
Laster Owens
Elhony
Sol Lywins Ooil
Angus
Houston
Alabama
Houston Theatre
St. Claire
Henry
Vera Kelley
Miss Loma Worth America
Screetheart
Calvin
Marguerite
George Branahan
Pilcher Warehouse & Gin Co
Central Depot
P.C. Jom
Odenave
Jan Beenee
Circus Lion
Bilbo
Fellows & Forrester
Stewart-Warner Radio
Blumberg
Stewart-Warner
Stewart - Warner
Europe
Asia
South America
Magic Dil 'Round
RADIO
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