Sentiment improves for foreign bonds on Europe developments
Favorable Europe news including near completion of the Young plan conference at The Hague lifted foreign bond sentiment. French, Belgian, British issues steadied or gained modest ground while German issues held. domestic bonds saw little activity. In rails, Canadian National 4s and others fell, while Union Pacific 4s Southern Railway 4s Pennsylvania gold 5s and Lehigh Valley of New York 4s rose.
MENTIONED IN THIS ARTICLE
John L. Cooley
Associated Pres
New York
Europe
The
Hague
Canadan National
Union Pacific
Southern Railway
Pennsylvania Gold
Lehigh Valley of New York
Cotton market stalls as prices slip on Liverpool cables
Cotton was inactive with prices easing as easier Liverpool cables sparked local liquidation. March contracts fell to 17.29, settled near 17.31 after a quiet day, with opening weakness and a late rally from local covering. unusual cold across the central belt drew attention to potential boll weevil mortality and crop prospects. Traders remained cautious, watching wheat strength and possible farm board support.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Cotte
Bears Sell After New York Stocks Early Onslaught
Bear traders booked meagre profits in the final hour as prices slid then rebounded amid covering. The 90-stock index rose 6 to 10 points from yesterday. volume reached 1,830,800 shares. Fox Film receivership filing spurred covering despite an otherwise narrow, unimpressive day.
MENTIONED IN THIS ARTICLE
New York
Fox Film
Bears
Fox Film A
Week End Trade
Japan
America
Allied Chemical
American Water Works
Beatrice Creamery
Johns Manville
Lackawanna
Nonsanto Chemical
Western Union
American Tobacco
Daily Cotton Table Shows Mixed Port Movements
New Orleans middling 1701 with receipts 2650 and exports, sales 173 stock 518626. Galveston middling 1695 receipts 4006 exports 18790 sales 796 stock 453167. Mobile middling 1660 receipts 456 exports 687 sales stock 45779. Savannah middling 1706 receipts 842 exports unknown sales 25 stock 73956. Charleston receipts 307 exports unknown stock 37632. Norfolk middling 1713 receipts 431 exports 100 sales 7a stock 75670. New York middling 1685 receipts 3735 exports 4147 sales 1669 stock 1111110. Total today receipts 15565 exports 26524 sales 2738 stock 2579387. Interior movement includes Memphis 1645 middling with receipts 4546, shipments 4726, sales 3817, stock 434787. Fort Worth 1630 receipts unknown shipments 7 sales not listed. Montgomery totals today receipts 5618 shipments 6136 sales 5771 stock 592507. Market mentions numerous stocks and price quotes across multiple banks and corporations.
MENTIONED IN THIS ARTICLE
New Orleans
Galveston
Mobile
Savannah
Charleston
Wilmington
Norflok
Baltimore
New York
Corpus Christi
Memphis
Augusta
St. Louis
Montgomery
New York Cotton Goods Market Sees Quiet Trade
On January 18 in New York in the gray goods division trading was quiet and steady. Demand broadened slowly in blankets flannels and other domestics with rising sales in wash fabrics. Fine goods showed moderate wash fabric sales. Burlaps unmoved. Raw silk held steady at a marginal pace.
MENTIONED IN THIS ARTICLE
New York
Gray Goods
New York Bonds Mixed As Agr Chem and Rail Issues Listed
A jumble of bond quotes shows diverse issues from New York and nationwide including Am Agr Chem 74s 103%, Am Tel and Tel 5s 1960 at 101%, Southern Ry 4s around 99%, and Pan Am Pet & Trans 6s at 102%. Investors note varied yields and maturities across utilities, railroads, and industrials with several notes near par.
MENTIONED IN THIS ARTICLE
Sun
Sun Ez 96 Con Gas NY
Denver and
Rio Grande
Dodge Bros
Imp
Goodyear T
Hnd & Manhtn
IT & T
Pac
Contrig & An
Bae Ge
Pan Am Pet & Tr
Penn R R
S.A Leon BE
Wee
Sinclair
Col
West Blee
Cottonseed oil futures rise on strong spot oils and lard
In New Orleans on January 18 the cottonseed oil market stayed firm as spot oils and lard strength supported prices. Prime summer yellow oil finished at 7.90 and prime crude at 7.25 to 7.37 percent, with futures closing January 7.80 March 8.08 May 8.238 July 8.35 September 8.50.
MENTIONED IN THIS ARTICLE
New Orleans
Turpentine and Rosin Prices and Stocks Report
At Jacksonville on January 18 turpentine held steady with 4954 sales, 184 receipts, 2 shipments and stock of 20 349. Rosin remained firm with 1243 sales, 726 receipts, 2 shipments and stock 107 384. Bid quotes cover B through M values with WG and WW notes at 5.00 and 8.50 respectively.
MENTIONED IN THIS ARTICLE
NAVAL
Jacksonville
Cottonseed oil gains strength on active trading in New York
In New York on January 18 cottonseed oil traded actively and firm with closing gains of 3 to 12 points. March delivery showed independent strength as prices rose across active positions.
MENTIONED IN THIS ARTICLE
N. Y
Cottonseed Oil
New York
New Orleans Cotton Market Ends Week With Little Trade
In New Orleans on January 18 the cotton market opened dull and stayed quiet with minimal price swings. March and May futures slipped before a late weekend rally, closing with a modest net decline as traders awaited next week’s publication of total winnings through January 16.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Wheat Advances on Co op Buying
Wheat futures in Chicago rose on fed farm board auxiliaries boosting demand despite weak export activity. Corn and oats also gained as the national grain corporation planned to buy in the northwest and Kansas City, with hog provisions following the uptick.
MENTIONED IN THIS ARTICLE
John FP. Boughan
Associated Press
Chicago
Federal Farm Board
North America
Liverpool
Winnipeg
Buenos Aires
National Grain Corporation
Northwestern
Kansas City
Wall Street Briefs and Industry Outlook
Improvement in automobile and pipeline demand may lift steel operations in Youngstown district to 70 percent capacity next week. Open hearth furnaces 35 of 51 active, tube mills 10 of 20, sheet mills 96 of 120. National Biscuit Co assets total 133,224,248. Newark cake plant to operate this spring. Peoples Gas Light & Coke will seek to increase directors to seven. NYSE and curb exchange 1929 to 1928 sales show curb up 43 percent and big board up 26 percent.
MENTIONED IN THIS ARTICLE
New York
Youngstown
National Biscuit Co
Frederick Beers
Newark
N. J
New York Stock Exchange
New York Curb Exchange
Curb Exchange
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