Wall Street Resumes Broad Scale Stock Sale
Wall Street reopened large scale selling with broad gains in many industrials and notable advances in Curtiss Wright American Smelting and Kennecott while oil stocks rose on lower gasoline inventories. Total volume neared 4.5 million shares as the market ended strong with unions and rail talks sidelined.
MENTIONED IN THIS ARTICLE
New York
Guith
Wall Street
U.S. Senate
Curtiss
Wright
Kennecott
Calumet
Arizona
Greene Can
California
Pan American Western
Houston
American
Erie
van Sweringen
Interstate Commerce Commission
St. Louis Southwestern Common
Great Northern Preferred
Search for survivors after motorboat capsizing near shore
Eight Raley of Brockton believed saved and hopeful others may have reached shore as a wide search finds no bodies. Nearby parties continue to scour the area for survivors amid the capsized boat incident.
MENTIONED IN THIS ARTICLE
Raley
Brockton
Small fire destroys garage at Chapel Hill
Fire of unknown origin destroyed the Pendergraft garage in Chapel Hill North Carolina early today with an estimated loss of 25000 dollars. Exploding gasoline tanks hindered firefighters and about half the loss was covered by insurance.
MENTIONED IN THIS ARTICLE
Chapel Hill
N. C
Pendergraft
Stocks and Cotton Market Observations
Daily market notes from John F. Clark & Company at 612-13 Commercial National Bank Building. Observations cover stocks and cotton trends, with brief quotes and regionally focused pricing signals.
MENTIONED IN THIS ARTICLE
John F. Clark & Company
Commercial National Bank
Stock roundup and market notes from New York May 14
The report covers a noon stock market brief with a stay request on a seven cent fare in New York City interborough transit, a daily oil production rise to 626,600 barrels, British rubber stocks down 1,178 tons, and Greece stabilizing its currency near 77 drachmas per dollar. It includes Dow Jones opinions on oils, rails, coppers, utilities, and a few stock calls from analysts and firms.
MENTIONED IN THIS ARTICLE
New York
Supreme Court
New York City
Interborough
N. Y
Calif
Greece
Dow Jones
Fox Film
Allied Chem
Panhandle Prod
Bfg
Chicago Oil and Gas
Cotton Letter reports mixedcotton trends and weather impacts
In New York on May 14 the Cotton Letter notes spot sales at 5,000 bales with American deliveries down and middling prices around 11.52. Weather shows rain in Palestine and Galveston with widespread cool, unsettled forecasts across Texas and the South. Market sentiment hints at further declines if West Texas rainfall continues, with advisory notes from Hubbard, Wade, Orvis, and J F Clark urging cautious buying on dips.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Palestine
Texas
Galveston
Abilene
Carolinas Fair
North Central
Northwest
Okla
Southwest
Worth Street
Manchester
Hubbard Bros
Wade Bros
West Texas
Orvis Bros
J. F. Clark
Grain market errata shakes wheat and corn
Chicago reports a government crop estimate correction for winter wheat showing an 486 million bushel indicated yield, with Wednesday's figure revised 7.392 million higher causing liquidation and multi million losses. Prices weakened further as stop loss orders ran, with the market turning oversold and cautious traders awaiting decisive news.
MENTIONED IN THIS ARTICLE
Chicago
Tribune
Cotton futures slide on Texas rains and belt drought
Rains in Texas and drought in other belt sections, plus poor Liverpool cables, push cotton futures lower. First trades drop 33 to 35 points with July at 20.43, October 20.20, December 20.16, down 39 to 43 points from Saturday. A late small rally follows as western rains raise buy interest.
Chicago Wheat Edges Down as Rain Affects Outlook
In Chicago May 14 traders saw wheat prices slip as rains hit Nebraska and forecasts spread across most states except North Dakota. Liverpool firmness kept a choppy pattern with opening declines and rapid fluctuations within a two and a half cent band. Corn and oats weakened and provisions trended downward.
MENTIONED IN THIS ARTICLE
Chicago
Nebraska
North Dakota
Liverpool
Foreign Exchange Rates in Lead Quotes
Foreign exchange firm publishes bank buy and sell rates in cents for nations and cities including Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Austria Romania Argentina Brazil Tokyo Shanghai Montreal with various bid and ask figures.
MENTIONED IN THIS ARTICLE
Foreign Exchange
New York
Foreign Exchanges
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Austria
Rumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Cotton declines on rains in southwest trade pressure
Reports of beneficial rains in the southwest cooled demand as active months dropped 43 to 50 points in the forenoon with heavy selling. Trade buying and covering offered small recoveries, but the midafternoon session was about 40 to 43 points lower than Saturday's close.
MENTIONED IN THIS ARTICLE
New York
New Orleans Cotton Prices Slide On Rain and Drought Fears
The New Orleans cotton market fell over 2.50 a bale due to heavy selling spurred by good rains in western drought regions and bearish consumption data for April at 525,158 bales. July to Dec futures declined while mid session saw a brief rally before sliding back. Exports for the day reached 14,299 bales with futures ending steady to lower.
MENTIONED IN THIS ARTICLE
New Orleans
Cenus Bureau
Wheat, Corn, Oats Ends Lower on Weather and Supplies
Chicago grain markets eased as rains hit winter and spring wheat belts including Canada. Wheat fell 15 percent from Saturday, corn down 2 and three quarters, oats off 38 to three eighths, with provisions unchanged. Bearish tone due to ample Chicago May wheat deliveries and overall weaker wheat outlook.
MENTIONED IN THIS ARTICLE
Chicago
Canada
New York Cottonseed Oil Prices and Sales
Cotton seed oil closed steady with prime summer yellow at 1049 and prime crude at 875 912. Trading included May to Dec futures from 1040 to 1080, with total sales of 15,500 units.
MENTIONED IN THIS ARTICLE
New York
Bar silver and Mexican dollars quoted in New York market
In Silver New York on May 14 the market quoted bar silver at 6954 and Mexican dollars at 457 percent.
MENTIONED IN THIS ARTICLE
New York
Cotton Market News Report from Charlotte May 14
Spot cotton in Charlotte on May 14 shows activity with 2018 grade quality noted. Prices and trading details are limited in the fragment, but the report indicates a current market snapshot from the region.
MENTIONED IN THIS ARTICLE
Charlotte Cotton
Charlotte
Spot
U. S. Government Bonds Summary May 14 New York
U S Government bonds closed with Liberty 3 1 2s at 100.22 Liberty first 4 1 48 at 102 Liberty third 4 1 4s at 100 8 Liberty fourth 4 1 4s at 102 8 Treasury 4 1 4s at 115 Treasury 4s at 110 Treasury 3 3 468 at 107 Treasury 3 3 8 9 at 109 1 30
MENTIONED IN THIS ARTICLE
V. S. Govt. Bonds
New York
I. S. Govt
Liberty
Treasury
Cottonseed Oil Prices Quiet in New Orleans Trading
New Orleans May 14 Cottonseed oil closed quiet with quotes for prime summer yellow 985 prime crude 875 to 900 and futures for May 1000 June 100 July 1003 August 1008 September 1013 October 1015 November 1025 December 1025.
MENTIONED IN THIS ARTICLE
N. O. Cottonseed Oil
New Orleans
Sugar market steady as New York quotes hold
Raw sugar opened unchanged at 4.52 Cuban duty paid and drifted higher to 4.53 by midday. Futures showed a steady undertone with modest one point gains. Refined sugar saw fair inquiry but buyers limited to near term needs. Fine granulated priced 5.95 to 6.00.
MENTIONED IN THIS ARTICLE
New York
Memorial services held for Louisiana Representative Lazaro
Sunday services paid tribute to the late Representative Lazaro of Louisiana. Monday the Senate handles a tax bill while the House considers the Denison bill for Government barge line facilities and labor measures. committees review calendar items. Senate funds panel probes former Illinois Governor Lowden. Senate foreign relations panel meets in secret to review Barlow claim against Cuba. House committees pursue secondary calendar business.
MENTIONED IN THIS ARTICLE
House
Lazaro
Louisiana
Senate
Denison
Cooper- Hawes
Lowden
Illinois
Senate Foreign Relations
Barlow
Cuba
Republican delegate race overshadows New Jersey primaries
Newark May 14. The primary slate for New Jersey delegates to national conventions is eclipsed by senatorial and gubernatorial battles within the Republican party. Democrats have no opposition. Hoover appears on the presidential ballot though not binding. Delegates will be elected with varying vote weights. Lowden and Coolidge contests appear in districts alongside Hoover as second choice.
MENTIONED IN THIS ARTICLE
Newark
N. J
New Jersey
Smith
New York
Houston
Hoover
George G. Bates
Favors
New York Dairy Prices Stretch for Butter and Cheese
Butter firm at 6 998 per unit with creamery extras 46 to 46 1 2. extra 92 score 45 1 2. firsts 88 to 91 score 44 1 4 to 45 1 4. Cheese steady at 81 516 state whole milk flats with fresh fancy 22 to 22 1 2. fancy special 29 1 2 to 31. Do average run 28 to 28 1 2.
MENTIONED IN THIS ARTICLE
New York
Liverpool cotton market reports mixed prices
Cotton spot quiet with prices lower in Liverpool on May 14. American middling fair at 12.45 and strict good middling 12.02. sales reached 5 000 bales of which 4 000 were American. Futures closed quiet with May 10.99 and July 10.96 among values.
MENTIONED IN THIS ARTICLE
Liverpool
New York Cotton Opens Steady After Early Decline
New York May 14 The cotton market opened steady to day at a decline of 15 to 28 points as rains in West Texas and easy Liverpool cables prompted selling. July contracts slipped to 20.71 and October to 20.64 in the first hour with overall liquidation spilling into southern accounts.
MENTIONED IN THIS ARTICLE
New York
Texas
Liverpool
Southwest
Southern
Manchester
Chicago Livestock market report May 14
Hogs 45,000 head mostly steady to 15 cents lower than Friday with heavy butchers hardest hit. Top 10.20 load 210-225 lb. Cattle 18,000 and calves 5,000 with trade steady to weak. Slaughter steers 13.00-15.90. yearlings 12.75-14.50. beef and feeder ranges noted. Sheep 23,000 with better grades steady, low clipping drag. spring lambs 17.25-18.25 for good to choice.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
Rumor Surrounds Mrs Stillman Jr and Young Couple
New York report notes great solicitude over the youthful Mrs James A Stillman Jr amid speculation of an expected event. The Stillmans plan a Boston visit then travel to the La Toque hunting lodge in Quebec Province for the summer. Budd aims to enter Harvard Medical school in the fall.
MENTIONED IN THIS ARTICLE
New York
The
New York American Today
James A. Stillman, Jr
Stillman Town House
Park Avenue
Stillman
Stillmans
Boston
la Toque
Quebec
Lena Wilson
Budd
Harvard Medical School
Tammany to Celebrate 139th Anniversary at Tamany Hall
Tammany will mark its 139th anniversary with a last birthday party at historic Tam many Hall on 14th Street. The 1868 Democratic National Convention housed there. Next year the group hopes for a new home on 17th Street. Speakers include George Gordon Battle James J. OGorman Jr and Jonah J Goldstein.
MENTIONED IN THIS ARTICLE
New York
Tammany
Tammany Hall
14Th Street
17Th Street
George Gordon Battle
James J. O’gorman, Jr
Jonah J. Goldstein
James J. O'Gorman, Jr
Three Injured in Sanford Weekend Car Wreck
A weekend automobile rollover on a highway near Sanford left three people hospitalized. Driver Mrs. S T Culpepper of Athens Georgia sustained a broken leg and arm and head injuries. Her infant daughter and Mrs. C D Cooley of Nashville North Carolina were also injured.
MENTIONED IN THIS ARTICLE
Sanford
S. T. Culpepper
Athens
C. D. Cooley
Nashville
N. C
New Bern Overall Company Chartered to Make Overalls
Secretary of State Hartness issues a charter to the New Bern Overall Company of New Bern to manufacture overalls with authorized capital stock of 50 000 dollars and 20 000 dollars subscribed by Sam Lipman Harry Lipman and F B Williams of New Bern.
MENTIONED IN THIS ARTICLE
Raleigh
Hartness
New Bern Overall Company of
New Bern
Sam Lipman
Harry Lipman
F. B. Williams
Jepson Art Weaving Mills to Install 50 Looms
Novelties Wadesboro May 14 report that the new Jepson Art Weaving Mills will install 50 looms for producing woven novelties. Groundwork begins in a few days with H. B. Allen as president, T. K. Covington as superintendent, and Arthur Jepson serving as superintendent of Diant.
MENTIONED IN THIS ARTICLE
Wadesboro
Jepson
H. B. Allen
T. K. Covington
Arthur Jepson
Diant
Japan clears Shantung capital and takes control
Japanese forces seize Tsinan in Shantung after days of fighting, taking over the railway and city administration via the Chinese chamber of commerce. The clash leaves heavy casualties on both sides as diplomacy and League of Nations debates continue.
MENTIONED IN THIS ARTICLE
Japan
Shantung Province
Shantung
China
Tsinan
Chinese Chamber of Commerce
Nippon
League of Nations
Nanking
Peking
League
Geneva
M. Tanaka
Tokyo
Carol of
Romania
England
William Joynson-Hicks
Carol
Surrey
Alba Julia
Bratianu
Brattany
Great Britain
Austen Chamberlain
United States
Kellogg
Shanghai
Tientsin
Nationalist Council
Coolidge
Tsiwan
Chang Tso-Lin
Manchuria
Old Tammany Hall to Host Final Big Anniversary Party
Tammany Hall celebrates its 159th anniversary with a last birthday party in the historic 14th Street building opened to house the 1868 Democratic National Convention. Speakers include George Gordon Battle James J. O’Gorman Jr and Jonah J. Goldstein with Catholic and Jewish features noted.
Martial column notes foreign troops in Tientsin and surrounding areas
A Chinese theater report describes the junction of key railway lines linking Tientsin with Pukow across the Yangtze and Nanking, noting foreign force deployments in Tientsin. It cites about four thousand foreign troops including Americans with air power and tanks, plus British French and Japanese units.
MENTIONED IN THIS ARTICLE
Tientsin
Pukow
Nanking
Peking
Mukden
Two U.S. Planes Crash En Route to Labrador
Two United States Army planes bound for Labrador to resume Bremen's flight to New York crashed near Maitland Nova Scotia shortly after 11 am eastern daylight time today. They were 50 miles from Pictou and had passing Truro when they altered course to Maitland in Hants county.
MENTIONED IN THIS ARTICLE
Halifax
N. S
Labrador
Bremen
New York
Maitland
Hants County
Pictou
Cobequid Bay
Minas Basin
Truro
Cotton briefs show April domestic use dip in New Orleans report
The census bureau reports April domestic cotton consumption at 525,158 bales, down from March's 581,318 and last April's 618,279. The drop is viewed as bearish and suggests weaker demand.
MENTIONED IN THIS ARTICLE
New Orleans
Census Bureau
Rain Blesses Parched Texas West Region
Heavy weekend rains drenched west and west central Texas, bringing several inches of relief to the long drought across the region and improving conditions across towns and farms.
MENTIONED IN THIS ARTICLE
Texas
Early Liverpool Cable Notes Cotton Liquidation on Texas Rains
An early private Liverpool cable states general liquidation and short selling of cotton on Texas rains. This helps explain why Liverpool prices came in considerably lower than expected.
MENTIONED IN THIS ARTICLE
Liverpool
Texas
Cotton Mills Lose Ground Warns British Exports Decline
A Manchester cable reports that cotton mills are losing ground as British Board of Trade data show a drop in exports of cotton goods from Great Britain in April.
MENTIONED IN THIS ARTICLE
Manchester
Eng
British Board of Trade
Great Britain
Cotton market slips on Texas rains at open
Cotton trading opened lower as persistent Texas rains weighed on prices, marking a drop of more than two dollars per bale from Saturday’s close.
Cotton spot sales rise in southern markets
In late week cotton spot sales in the southern markets totaled 62 731 bales, up from 46 063 a year earlier. Market observers note the figures are notable because offerings were much smaller than last year.
FTC Moves to Enforce Paramount Lasky Ruling
The Federal Trade Commission will seek court action to enforce its order against the Paramount Famous Players Lasky corporation over its black booking practice of distributing films.
MENTIONED IN THIS ARTICLE
Washington
The
Federal Trade Commission
Paramount-Famous Players Lasky Corporation
Prince Carol to Leave England by Thursday
Great Britain expects Prince Carol to depart England by Thursday after reports of illness. Home Secretary Sir William Joynson Hicks said he received a definite undertaking from Carol’s host M Ionescu that the guest will leave the country by Thursday at the latest.
MENTIONED IN THIS ARTICLE
London
Great Britain
Prince Carol
England
Price
William Joynson Hicks
Home Secretary
House of Commons
Carol
M. Ionescu
April Cotton Consumption and Stocks Report
The Census Bureau reports April cotton consumption 525 158 bales lint and 57 513 bales linters. On hand totals show lint and linters in consuming establishments and storage, with exports of 485 219 bales including 17 901 linters. State totals show varying April figures for lint consumption, stocks, and spindle activity compared with March and April last year.
MENTIONED IN THIS ARTICLE
Washington
Census Bureau
Apri
Columbia Crew Stages Comeback In Cup Regatt a
Columbia varsity eight, racing without captain Aalastair McBain due to illness, rallied to win the Childs Cup regatta on Lake Carnegie in Princeton. They led from start to finish, beating Pennsylvania by two and a half lengths and Princeton by a length and a half. Eric Lambert stroked the boat for the first Childs Cup victory since 1923, guiding the crew through choppy waters at Carnegie Lake.
MENTIONED IN THIS ARTICLE
Princeton
N. J
Yale
Schuykill
Columbia
Pennsylvania
Princton
Lake Carnie
Aalastair McBain
Quakers
Eric Lambert
Carnegie Lake
Campaign Expenditures Reported For Governor Hoover And Smith
James W. Good lists Hoover campaign spending at 241274 and expects higher totals as reports from northern California and other states come in. George R. V Namee tells that Governor Smith's campaign has spent 92090 through those backing his nomination.
MENTIONED IN THIS ARTICLE
Hoover
Smith, Reed
James W. Good
California
Smith
George R. V Namee
Baltimore Harbor Improvement Project Approved
The House Rivers and Harbors committee approved an army engineers plan for Baltimore harbor work costing 597 540 dollars. The project will be included in the harbor bill the committee is drafting.
MENTIONED IN THIS ARTICLE
Baltimore
Harbo
Washington
House
Army Engineers
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