Extreme dullness marks final stock session of week
The market shows extreme inactivity with irregular price moves and heavy profit taking on major industrials. Copper shares fall as red metal prices retreat while United States Steel trades on expected rights news, and a few high priced issues retreat. Total volume about 1,200,000 shares.
MENTIONED IN THIS ARTICLE
Stanley W
New York
Wall Street
Cerro de Pazo
United States Steel Corporation
American Express
Commercial Solvents
Wright Aeronautica
Westinghouse Electric
Union Carbide
International Telephone
Stromberg
Oppenheim Collins
Hershey
Austin Nichols
Postum
William C. Duran
Europe
Chicago Livestock Market Report Apr 13 Hogs Cattle Sheep Prices
Chicago market shows hogs at 200 to 200 lb loads around 11.65, 4,000 head traded with steady to strong tone. Cattle bulk traded 13.50 to 14.75 for steer and yearling classes with better quality. stockers and feeders mostly 10.75 to 12.50. Sheep and lambs week totals include fat lambs around 17.75 to 17.50 late and clip lambs 16.60 with ewes 10.00 to 11.50.
MENTIONED IN THIS ARTICLE
Chicago
Iowa
Nebraska
South Dakota
California
New York Cotton Opens Steady After Mixed Trade
Cotton opened steady with a slight decline then modest gains as traders eyed the weather outlook. July and December futures rose, while weekend selling limited gains. prices surged on cover and buying before retreating amid nervy forecasts for Texas and potential eastward showers.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Texas
P. C
Farm relief moves dominate wheat traders in Chicago
Wheat futures rose on relief news in Washington then fell back after profit taking as corn and oats showed smaller gains. Provisions edged lower while traders watched policy developments and waited for clarity on relief measures.
MENTIONED IN THIS ARTICLE
Chicago
Ill
Washington
Prices on goitgrood goods steady as trading quiets
New York April 13 Demand for unfinished cotton goods eased and prices held barely steady. Concessions on some cloths with high production. firmer where stocks are scarce. Finished goods show less change while gray goods remain active in orders. Mills expect activity into May and beyond with large past orders and rising unfilled orders. Prices current in primary markets listed for print cloths and denims.
MENTIONED IN THIS ARTICLE
New York
Sliec
Cotton futures rise on Census demand data in New Orleans
First trades show gains after Census Bureau consumption figures. Opening July and October prices briefly rose but retreated, while declines were halted by weather concerns. Cotton futures end the hour steady with small gains as May to December contracts trade in modest ranges.
MENTIONED IN THIS ARTICLE
New Orleans
Census Bureau
P. C
Swain County Education Board Resigns in Unison
Bryson City NC April 15 The entire Swain county board of education resigned by wire to state superintendent A T Allen. Controversies over school locations were blamed though members gave no statements. A delegation demanded the removal of H Coffee. Raleigh April 13 Dr Arch T Allstate superintendent said he was asked to withhold appointment of another board until further information could be presented. Governor Gardner will call a meeting to decide on proceedings.
MENTIONED IN THIS ARTICLE
Dr. Allen
Wright
Allen
Bryson City
N. C
Swain County
Raleigh
Arch T. Alle
N. E. Wright
Two Men Shot Dead Found in Auto Near Cicero Hotel
Chicago report says two men were found shot to death slumped in the rear seat of a Sarge sedan near a western hotel alley in Cicero. Officer Price chased suspects who fled before the bodies were recovered. one man was identified as William Clifford, tied to a prior slaying case.
MENTIONED IN THIS ARTICLE
Chicago
Sarge
Cicero
George Price
Cicero Department
Price
William Clifford
Clifford
Albert Pratt
Hawthorne Hotel
al “Scarface
Capone
Miami
Fla
Strike lines hold firm in Carolinas textile towns
In North and South Carolina mills 450 workers idle as Wennonah and Dacotah plants in Lexington NC close indefinitely. Dacotah officials deny strike threat. Loray Mill at Gastonia shows slight improvement. South Carolina towns Union Greenville Anderson Woodruff stay idle while Lexington hosts union meetings.
MENTIONED IN THIS ARTICLE
Charlotte
North
South Carolina
Wennonah
Dacota
Lexington
N. C
Dacotah
Card Room
Gastonia
Manville-Jenckes Company
Loray
Union
Greenville
Anderson
Woodruff
National Textile Workers Union
Wenno
More Cotton Used Than A Year Ago In March
The census bureau reports March consumption of 632,808 bales of lint and 76,746 bales of linters, up from March last year. In consuming establishments total lint and linters reached 1,730,944 and 228,544 respectively, with public storage and compress holding 3,177,147 lint and 137,? linters. Exports totaled 555,986 bales with 13,667 linters, while imports in March were 37,124 bales.
MENTIONED IN THIS ARTICLE
Awashington
Census Bureau
Van Ryn Wins North and South Net Title at Pinehurst
John Van Ryn, ranked sixth by the United States Lawn Tennis Association, defeated Sad Adaru Onda after dropping the first set 6-3. He won 6-1 6-1 to capture the 11th United North and South Tennis Tournament title in Pinehurst North Carolina. The Orange New Jersey star played fast rally tennis against the Japanese Davis Cup star.
MENTIONED IN THIS ARTICLE
John van Ryn
Pinehurst
Pinehurdst
N. C
United States Lawn Tennis Association
Sadadaru Onda
Orange
N. J
Construction of Belfast Motorship Aims for Record Size
The largest motorship of its kind is under construction in Belfast for the White Star line. It will be 1000 feet long and 60 000 tons with the biggest diesel engine installation and electrical plant yet used at sea. Engines are expected to develop about one thousand horsepower.
MENTIONED IN THIS ARTICLE
Belfast
White Star Line
Banks of England release sovereigns. oil, stocks move
Banks of England released 250 000 pounds in sovereigns. Standard Oil of New Jersey to acquire Daggett and Ramsdell Mfes for about 1 500 000 in stock if estate exchange is approved. Tidal Osage Oil and Darby Pete stockholders vote May 14 on merger on share for share basis.
MENTIONED IN THIS ARTICLE
Banks of
England
Standard Oil
New Jersey
Daggett and Ramsdell Mfes
N. J
Daggett and Ramsdell
Henry M. O'Neill
Tidal Osage Oil
Darby Pete
Y Lamont
Commerce Dept
Rubber Pool
Shell Union
West Texas
Chrysler Corporation
Marmon
A. R. Heiskell
Cotton and market notes from Liverpool to U S traders
Cotton prices in Liverpool fell six to eight points with 4000 mids at 1085 against 1089 yesterday. Export and trade updates include British piece goods March exports down 63 million sq yd from last year. Market outlooks from Pynchon Thomson McKinnon Bartlett Fraizer on grains, corn, oats and wheat.
MENTIONED IN THIS ARTICLE
Liverpool
Carolinas
Georgia
Alabama
Fair
Mississippi
Arkansas
Oklahoma
Texas
Worth Street
Charlotte Special
Gastonia
Thomson McKinnon
Bartlett Fraizer
Stock Opinions on Steel Plays and Market Outlook
Tobey and Kirk expect U. S. Steel to rise and Gulf States and Crucible to move up sharply. Hutton forecasts March 26 as the culmination of recent bearishness with stocks edging higher despite public gloom. Hornblower sees steels as leaders with U S Steel possibly reaching 200. Bethlehem Steel, Republic Steel and Youngstown Sheet and Tube also recommended.
MENTIONED IN THIS ARTICLE
Tobey & Kirk
U. S. Steel
Gulf States
Crucible
E. F
Bethlehem Steel
Republic Steel
Youngstown Sheet and Tube
Can-Continues To Stand Out In Stock Strategy
JNO. F. CLARK & CO outlines plans before Tuesday’s special meeting and the new stock subscription terms. They aim to take profits near 149 on American Can while predicting a long term rise to 200. Vanadium remains slower but volatile, with a preference to own a few shares and buy at market rather than wait for a breakout.
Simpson 6th IK Blister Brigade Faces Buckeye Road Test
Cambridge Ohio April 13 Charlie Pyle's blister brigade runs 25 miles from Cambridge to Zanesville on a holiday start at 10 a m after 500 miles in 13 days. First five leaders Ed Gardner Seattle 86 29 25 Peter Gavuzzi Eng 86 31 00 John Salo Passale 91 23 07 Giusto Umeri Italy 92 17 00 Paul Simpson Burlington NC 92 33 38.
MENTIONED IN THIS ARTICLE
Atchison
Ee Ee
Air Reduction Co Nm
Atlantic Refining
Ee Ae Ee
Laco
Barns Corpu Nee
Ss B & O Se
Bosch Mag
Beth Sdl
le Ya Childs Co
Colo Fuel & Iron
Chesa
Ohio
Canada Pac
Curtis Aero
Chroyeley Ff
Davison Chem
Oe DuPont
Elec 1 & P Co
Fleischmann
Freeport Texas
Fox Film Corpn
Gim Bros
Goodyear Tire
Eee
Houston Oil
Cambridge
Charlie Pyle
Buckeye
Zanesville
Wheeling
W. Va
Ed Gardner
Seattle
Wash
Peter Gavuzzi
Eng
Tohn Salo
Passale
M. Jy
Giusto Umeri
Italy
Texas ex Senator Joseph Bailey Dies In Court
Former U S Senator from Texas Joseph W Bailey collapsed dead in a Sherman district court while attending as an attorney in a toll rate case on a bridge over the Red River. He had sought transfer to federal court before his collapse. Court staff summoned a doctor who pronounced him dead.
MENTIONED IN THIS ARTICLE
Sherman
Tex
Joseph W. Bailey
United States
Texas
Also Mentioned on This Page
Jno. F. Clark & Co
Commercial National Bank
Nah
Dacotah Mills
Gastonia Gastonia
J. A. Bauch
Kresger
Kroger Lig
Myers
Loews Ink
Mont Ward
Murry Coron
Magma
Natl Ory Nail Dairy
Nor Am Coron
Radio Corpn
Repub Iron & Stl
Sin Oil Simmons Co
Studebaker
Safeway
Texas Corpn
Texas Gulf Sul
Education Board IN
Swain
American Rwy. Assn
Dunn's
MNO, F. Clark & Co
F. B. Keech
Hentz
Harden Stone
Hubbard Bros
JNO, F. Clark & CO
Pynchon
MO. F. Clark & CO
JO. F. Clark & CO
IK Blister Brigade
Paul Simpson
Burlington, N. OC
Rally Daf
Green Street
Baptist Church