Reversal in Stocks as Money Rate Rises Sharp
Wall Street pivoted on a higher call money rate from 7 to 10 percent, erasing morning gains led by copper shares. Anaconda Copper and Utah jumped on debt retirement and new highs while several issues fell 1 to 5 points as midday trading cooled.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
Mar
Treasury
London
Bank of England
Anaconda Copper Company
Utah
Anaconda
Kennecott
Nevada
Chile
American Express
International Silver
Curtiss
Jonas Manville
Stewart-Warner
Thocco
Chicago Livestock Market News March 6 Hogs and Sheep Prices
Chicago market opened active with hogs at 26 40c up and top 12.00 for choice hogs from 160 to 325 pounds. Slaughter classes and feeders show varied bids across weight ranges as calves, yearlings, and bulls move with steady to firm demand and lighter shipper activity. Sheep and lambs driven higher with fat lambs 16.75 to 17.00 and feeder lambs 14.50 to 16.00 amid a steady to higher tone.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
Butter And Eggs Prices Amid Market Report New York March 6
Butter irregular receipts 16,243. creamery extra 92 score 51. firsts 88 to 91 score 48% ho%. Cheese steadier with receipts 318,177. Eggs weaker with fresh gathered extra first 40% 41, first 39%.
MENTIONED IN THIS ARTICLE
New York
Sugar steady in New York market with refiners up 15 points
Raw sugar in New York was steady at 374 duty paid for spots with no sales reported. Refiners largely announced a 15 point rise to 4.90 for fine granulated, signaling a firming trend despite the quiet market.
MENTIONED IN THIS ARTICLE
New York
Restoration Nears Completion of Rouen Saint Romain Tower
Restoration of the Saint Romain tower of Rouen Cathedral in France is nearly finished with work advancing toward final phases. Engineers and preservationists note careful stonework and lime mortar techniques to match historic appearance.
MENTIONED IN THIS ARTICLE
Saint-Romain
Rouen
France
Grain futures rally fades as prices slip in Chicago trade
In Chicago on March 6 grain values reversed after an early setback with eastern buyers noted for wheat futures. A cold wave threat loomed over winter wheat regions lacking snow cover. Wheat closed down 0.5 to 0.75, corn and oats dipped modestly, with provisions mostly steady to up 0.25.
MENTIONED IN THIS ARTICLE
Chicago
Mar
Italian man claims world fidelity record
Old Faithful Udine Italy Antonio Valva Valvasori asserts he has equaled or broken the world record for fidelity on his birthday. He vows never to love another woman but his lawful wife, married at age 25, and remains faithful to sobriety never drinking since youth after near fatal drunken episodes.
MENTIONED IN THIS ARTICLE
Udine
Italy
Antonio Valvacori
Valvasori
Tax relief leads Middlesex Borough to fund operations
About 2000 residents in Middlesex Borough New Jersey live tax free as no direct tax was levied for years. The administration plans to cover operating expenses this year with $22 000 in revenue from other sources.
MENTIONED IN THIS ARTICLE
Middlesex Borough
N. J
Commonwealth
Town for Sale in West Eminence Bundle of Timber and Land
A prospectus offers 15000 acres of land housing for about 2000 people, a logging railroad and buildings in West Eminence, Pa. The timber downturn has made the sale possible for 15000 dollars.
MENTIONED IN THIS ARTICLE
West Eminence
Cotton futures edge lower amid Liverpool weakness and weather cues
New York and New Orleans cotton markets opened easier on March 6 with Liverpool cables showing softer trends and forecasts from weekly weather reports boosting hopes. May contracts fell from intraday highs to near 21.02 in New York while New Orleans saw gains early before declines compressed by midday selling and profit taking.
MENTIONED IN THIS ARTICLE
New York
Mar
Liverpool
Eaid Bombay
Calcutta
Wall Street
P.C
New Orleans
P.C. Mar
Fire claims two in London Ontario tragedy
A coroner's jury ruled the deaths of Albert and Vincent Luciano accidental after a Manor Park fire. The verdict ordered jury fees go to the Luciano family and urged Westminster township to install water mains and fire alarm boxes in the affected district.
MENTIONED IN THIS ARTICLE
London
Albert
Vincent Luciano
Luciano
Westminster Township
Manor Park
Lehigh Valley Coal and Related Dividends Listed
A roundup shows Lehigh Valley Coal declares an initial 75 cent preferred dividend payable April 1 to record March 1. Lehigh Valley Coal Sales, Irvin Trust, American Express, Standard Oil and others declare regular quarterly dividends with varied amounts and payable dates. Market notes discuss price moves, production estimates, and boardroom changes.
MENTIONED IN THIS ARTICLE
Lehigh Valley Coal Corporation
Lehigh Valley Coal Sales
Irvin Trust
Standard Commercial Tobacco
American Express
Standard Oil of
New Jersey
U. S
American Pete Institute
Rockefeller
Standard Oil
Indiana
National
New York Telephone Company
Hubbard Brothers Market Outlook and Keech Commentary
Hubbard Brothers note rising external interest as market absorption improves on small setbacks, boosting trader confidence. Pynchon and Co. expect higher prices as market strength persists. Keech and Co. says speculation has not yet picked up, though appreciation of current prices grows.
MENTIONED IN THIS ARTICLE
Hubbard Brothers
Pynchon and Co
F. B. Keech and Co
Human Side of Big Business Shaped by House of Pinaud
Georges Kilots of the House of Pinaud explains why the firm moved into cosmetics as a necessity for modern American women. He notes the contrast between American mass production and France’s hand craft while stressing adaptation of business methods to suit growing prosperity and changing tastes.
MENTIONED IN THIS ARTICLE
M. Georges Klotz
House of Pinaud
Parlameur
M. Klots
Klots
M. Kidts
America
Rome
France
House of Finas
Klota
Pinaud Firm Pioneers Private Pension System and Housing Support
The article notes Pinaud as the first French company to originate a private pension system. It mentions Kiotz, his grandfather backing modern worker housing, and a system of employers' insurance now required by French law. After WWI, Pinaud expanded globally with plants in Canada, Australia, Japan, India, and the American branch.
MENTIONED IN THIS ARTICLE
House of Pinaud
M Hiotz
Canada
Australia
Japan
India
Amercan
Iide
M Kiots
Cotton letter signals potential market rise amid floods and high volume
Liverpool prices show American points lower on March 10 and May 8 with eight thousand spot sales and mid dliings at 11.01 against 10.87 yesterday. Worth Street reports heavy business at higher prices as floods worsen. estimates claim 160000 bales bought yesterday by bulls and shorts. Waver purchases on any reactions. J F Clark & Co.
MENTIONED IN THIS ARTICLE
Liverpool
Worth Street
J. F. Clark & CO
Stock opinions on Anaconda Kennecott and Chrysler
Hornblower and Weeks favor buying Anaconda at the market with belief it will move to new highs and hold Kennecott for a long pull. Chrysler is expected to lead motor shares in coming sessions.
MENTIONED IN THIS ARTICLE
Prince and Whitely
Motor Group
E. F. Hutton and Co
Federal Reserve
Tobey & Kirk
Hornblower & Weeks
Anaconda
Kennecott
Chrysler
Wheat and corn price outlook among market analysts
Thomson McKinnon notes the near term wheat load is heavy and prices may fall unless crop damage occurs. Bartlett Frazier urges conservatism on wheat purchases and favors corn buybacks on setbacks. Logan Bryan suggest wheat liquidation could push prices down but avoid selling now. anticipate later supply demand rebalancing in corn.
MENTIONED IN THIS ARTICLE
Thomson McKinnon
Bartlett Frazier
Logan & Bryan
School on Wheels Brings Class to Port Arthur District
Port Arthur authorities convert a railway coach into a classroom and living quarters for a teacher. The school on wheels stops at designated points for several days where homework is reviewed and new lessons laid out during the teacher's absence.
MENTIONED IN THIS ARTICLE
Port Arthur
Ont
School On Wheels
Neighbors Rebuild Widow’s Home After Fire
In Creal Springs Mrs. Margaret Parks, widow of five, lost a century old log cabin to fire. While she attended her mother’s funeral, 199 neighbors rallied to her aid, constructing and furnishing a new home and collecting food for the larder.
MENTIONED IN THIS ARTICLE
Creal Springs
Tfl
Margaret Parks
Rebels Demand Banishing Calles as Settlement Condition
Arturo Valenzuela, brother of Mexican presidential candidate Gilberto Valenzuela, states that rebel leaders will seek an amicable settlement with the federal government if former President Calles is banished and the government enacts a legal operation free from assassins. He notes Calles has taken the War Secretary post and leads military actions against the revolutionaries. The offer ties to Portes Gil’s provisional presidency and promises of religious liberty and business freedom.
MENTIONED IN THIS ARTICLE
Calles
Republic
Portes Gil
Fausto Topete
Sonora
Revolutionary Movement
South Looks To Fair And Colder Weather For Flood Relief
Weather shift to fair and cooler conditions expected across the south easing widespread floods. Georgia lowlands face evacuation risk as crests pass. Newton near Albany was cut off with residents taking refuge in Camilla. Dam failures in central Georgia release waters from lakes and mills, halting rail service and flooding hundreds of acres. Alabama records a 27 foot rise on the Tallapoosa at Milstead and ten feet on the Coosa at Wetumpka amid heavy rains.
MENTIONED IN THIS ARTICLE
Georgia
Newton
Albany
Camilla
Flina
Middle Georgia
Houston Factory
Tharpe
Albania
Alabama
Milstead
Tallapoosa
Wetumpka
Coosa
Louisiana
Tennessee
Carolinas
Wrexington
Kentucky
Davis County
Columbus
Capone linked to New York killings and Valentine massacre
Stansbury testified that Capone was in Miami the day Yale was shot and tied the Capone gang to both the Yale killing and the Valentine’s Day massacre. Police traced the Yale guns to Miami and noted Capone’s men aided the Moran gang purge, leveraging their “New York job” prowess.
MENTIONED IN THIS ARTICLE
Capone
Miami
Fla
Yale
Stanbury
New York
Stansbury
Moran Gang
Byrd Supply Ship Returns Amid Storms Near New Zealand
Commander Richard E. Byrd’s Eleanor Bolling reached Dunedin with damage reports from storms 1200 miles south of New Zealand on the return voyage. The ship will lay up in Dunedin for winter while the City of New York is due to arrive Monday. Lieutenant Richard Brophy also resigns his Antarctic post per Wellington dispatch.
MENTIONED IN THIS ARTICLE
Six Footer
E. G. Senbert
Winthrop W. Aldrich
New York
John D., Jr
Chicago
Standard Oil
Col. Stewart
Aldrich
Rockefeller Group
Midde West
Wellington
New Zealand
Richard E. Byrd
Eleanor Bolling
Dunedin
Byrd
City of New York
Brophy
London
Richard Brophy
Indiana Convention Opens to Weigh Col Stewart Resignation
Col Stewart faces a stockholder meeting with Rockefeller representatives presenting opposite views. The session starts at the refinery offices, then moves to the community house to decide on his fitness as a company director. Rockefeller remains abroad in Egypt during the dispute.
MENTIONED IN THIS ARTICLE
Col. Stewart
Rockefeller
Egypt
Stockhol Dera
Continental Trading Company
Liverpool Cotton Prices Rise on Strong Demand
Cotton market in Liverpool shows higher closing prices with sales of 10,000 bales including 5,000 American. Receipts total 19,000 with 16,500 American arrivals. Futures steady with Mar at 10.72, May 10.82, July 10.80, Oct 10.62, Dec 10.89, Jan 10.50.
MENTIONED IN THIS ARTICLE
Liverpool
Morton Leaves Morton Jewelry to Join Stamey’s Store
S. J. Morton, former owner of the Morton Jewelry company, has sold his business and will be connected with Stamey's Jewelry company. Morton is recognized as an expert in his line of business.
MENTIONED IN THIS ARTICLE
S. J. Morton
Morton Jewelry Company
Stamey
Ar. Morton
Also Mentioned on This Page
Jno. F. Clark & Co
Commercial National Bank
Allied Chem & Dye
Bosch
B& O
Barns A . Ee
P & Pene
Chic & Nor West
RI & P
Chrysler Coronio
Hudson Rene
DuPont
Elec & Prevere
Natl
Fleischmann See
Freeport
Texas Ses Ee
Genl
Eee Ee
Ty TN Wy
Elec Ae
Mtrs
New Ee
Gimbel Bros Ene
Gold Dust Corono
Goodrich Com
Goodyear Tire Se
Gt Nor Pfd
Gulf Mobile & Noro
Hudson
Kelly Sp Tire
Kresge
Ta Loews Inc .Eeere
Mont Ward
Packard Mtrs
Rep Iron & Stloop
St Louis San F
Stewart War
Studebaker
Tex Coron
Tex Gulf
Tim Rolpear
Union Pac
United Cizar
Willys
Woolworth
Mtra
Yel T & Coa
Youngs
Chicago Grain
Camel City Coach Lines
Charleston
South Carolina
Magnolia
Middleton Place Gardens
Winston-Salem
Greensboro
High Point
Danville
Roanoke
Statesville
Martinsville
Charlotte
International Paper
Supreme Court of Iowa
Iowa
Otis Steel
Engineers Public Service
Western Electric
A. M. Heare
Williams and Travers
J. S. Bache and Company
By Edgar Mels
University of Pari
House of Pin
Parlumeurs
Wamnbh
Legion of Honor
Atlanta
Morton
Stamey’s
State Revenue Department
F. J. Sparger
High Point N. C
R. A. Doughton
Commission of Revenue
State of North Carolina