Trading Nervous and Mart Breaks
The stock market fell sharply on large loan fears then partially recovered as pool trading resumed in several specialties. Call money steadied at 8 percent, then eased to 7 1/4 percent. Major losers included Montgomery Ward Curtiss Wright and Dupont while Murray Pierce Oil and National Dairy hit new highs amid strong Reo Motors and Mack Trucks moves.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
New York
Stock Exchange
Commission House
Montgomery-Ward
Curtiss, Wright
Commercial Solvents
Timken
Dupont
Radio
Murray Corporation
Pierce Oil
National Dairy Products
Reo Motors
Mack Trucks
Gringo is Mexican term for an American
A historical note explains that in Mexican usage the word Gringo refers to an American. The term appears in discussions of ethnolinguistic labels and cross border slang.
Miller's Herb Extract Promise from local user
Mrs. Nannie Collins of Winston-Salem reports relief after using Miller's Herb Extract or Herb Juice for chronic constipation indigestion and related ailments. She credits the remedy with restoring her health and urges others to obtain it from Hart Drug Co or local druggists.
MENTIONED IN THIS ARTICLE
Nannie Collins
East Twenty-fifth Street
Winston-Salem
N. C
Market Rally Cooled by Broker Loans at Bankers Meet
Morning Stock Letter notes concern over broker loans and call money as Bankers association convention continues. After a late session rally, overall ground lost remains substantial with expectations of further liquidation. Investment stance favors using rallies to trim speculative holdings and avoid overvalued issues while some strong technicals persist.
MENTIONED IN THIS ARTICLE
New York
Bankers Association
Stock Exchange
J. S. Bache and CO
Cotton futures close steady with slight declines in New Orleans
In New Orleans on October 3, cotton futures finished steady with net declines of 13 to 14 points. Prices ranged with October at 1854 and 1948 for later contracts, while December and January dipped to the mid- to high 1840s.
MENTIONED IN THIS ARTICLE
N. O
New Orleans
P. C
New Orleans cotton opens steady then weak on liquidation
The New Orleans market started with a six to eight point rise due to Liverpool cables and early buying but soon weakened as liquidation grew from favorable weather and crop commentary. December fell to 18.40, January 18.37, March 18.31, then mid session traded around 18.43, 18.39 and 18.33 as declines persisted.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Chicago Livestock Prices Steady to Higher on Oct 3
Hogs 12,000 head, top 11.30 for 190-240 lb loads. cattle 10,000 head, calves 3,000 with steady to uneven trade. fat cows and butcher heifers mixed. Slaughter steers 950-1500 lb range 14.25 to 17.50, fed yearlings 13.25 to 17.00. bulls 9.50 to 10.75. vealers 15.50 to 16.75. Sheep 25,000 head with slow fat lamb trade, natives around 13.00 to 13.35. ewes 4.25 to 6.75. feeder lambs 12.25 to 13.35.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
Linnaeus and the Roots of Modern Classification
The 18th century botanist Karl von Linnaeus originated the system that classifies plants and animals, creating the foundation for modern taxonomy and scientific naming conventions.
MENTIONED IN THIS ARTICLE
Karl von Linnaeus
Broad buying lifts Chicago corn as supplies tighten
Chicago on October 3 saw broad buying push corn prices higher while wheat slipped. Trade leaders say U S corn has an inside track abroad for new corn and prices are strong for old corn. Market chatter suggests few receipts ahead and lower stocks by the start of the new harvest. Wheat rose or fell fractionally as oats held steady.
MENTIONED IN THIS ARTICLE
Chicago
United States
Commodity prices steady on Chicago futures markets
Chicago prices for grains and fats hold steady with No 2 hard wheat at 1.18 and No 3 northern spring at 1.15 percent range. Corn No 2 mixed 90 91 and No 2 yellow 99. Oats No 3 white 41 43 and No 4 white 40 41. Rye No 4 95 144. Barley 65 72. Timothy seed 64 0 9. Cloverseed 22 900 30.00. Lard 12.17 ribs 14.25 bellies 15.00.
MENTIONED IN THIS ARTICLE
Adams Millis Ee Ese
Een
Arch Ry Ae Erense
Ajax
Eee
Amn Tel
Tel Eeenres
Amn Smelters Ee
Intl Corp ‘Ee
Bosch “Ee
Barnsdale Corp
E· Am
B & O Ryom
Beth Steel Eereees
Briggs Body
Bucyrus Erie E
Chile
Cie
Chas & Ohio Ry
Erie
Fisischmann
Fox Film ‘A
Gimbel Bros Ee
Howe Sound
CIA
Intl
Tel & Telee
Nickel
Comb ‘Eaeeeoaesetee
Intl Cement Eeesereev Eee
Ind O11
Keith Albee Emeee
Kelly Spgtfield
Kennecott Cop
Meyers Tobeese
Ludlum Steel
Lorilliard
Marland Oil
Mont. Ward
Miami
3, Ltd. Oil N Y Eaere
North Amn Co Ooa Om
Natl Cash Reg O
Nash Mtrs O
Willys Overland Ee
Otis Steel One Cue
Pathe Ee
Park Tilford
Park Utah Ee
Rock Island
Radio Corp. O
Hk. R. J. Reynolds
Onorere
Sears Roebuck
Studebaker
Stewart Warner
Tex Corpn
West Elec Eco Cameos
West
MD Ry Cemecem
Warner Bros. Tee Er
E.eene
Seaboard Ry
E-- Amn
Crucible Steel
Youngs. Sheet
Chicago
Money Rates Report From New York on Oct 3
Call money eased with high 8 and low 7 percent, ruling at 8 and closing bid 7. Time loans remained firm with mixed collateral for 60-90 days at 7 percent and for 4-6 months at 7 percent.
MENTIONED IN THIS ARTICLE
New York
New Orleans Spot Cotton Closes Steady Down 11 Points
New Orleans market reports spot cotton closing steady with a decline of 11 points. Daily sales total 3,966 bales while receipts reach 12,573 and stock stands at 139,842 with price levels listed for low middling to good middling.
MENTIONED IN THIS ARTICLE
New Orleans
Goodyear rights issue and oil market headlines
Goodyear stockholders offered rights to subscribe to four shares for each five held at 50 dollars per share to fund plant expansion. Prairie Pipeline reported September crude deliveries and domestic output figures, while gasoline stocks fell. Market indicators show mixed activity as FTC hearings are resumed and notable figures like Clarence W. Barron are reported dead.
MENTIONED IN THIS ARTICLE
Goodyear Tire and Rubber
Columbia Carbon Company
Prairie Pipeline
Bureau of Mines
American Pete Institute
Stock Exchange
Chevrolet Motor Company
Federal Trade Commission
Clarence W. Barron
JNO. F. Clark & CO
Cotton market and Nash Motors report from Fort Worth
The note covers cotton prices and weather in the southern belt with spot market totals and projected U S crop. It also reports Nash Motors stock activity with planned production capacity rise to 1200 cars daily by Jan 1 1929 and a six dollar dividend. Clark & Co notes strong earnings outlook and speculative potential.
MENTIONED IN THIS ARTICLE
Nash Motors
Nash
Stock Gossip and Opinions From Market Firms
Daily market notes cited by MO. F. Clark & Co with opinions on cotton grains and stocks. Pynchon Hubbard Keech Hirseh Lil Stein Alstrin Bartlett Frazier and Jo. F. Clark & Co offer views on recessions, buying, hedging, and potential price moves for cotton, grains, and equities. Potential diversions in rails and further advances anticipated amid bullish signals and trading advice.
MENTIONED IN THIS ARTICLE
Hubbard
F. B. Keech
Hirseh Lil
MO. F, Clark & CO
Josephthal
Halle & Stieglitz
Hornblower & Weeks
JO. F. Clark & CO
Stanley Weather and Harvest Report Forecast
Weather forecast notes warm temperatures with light to moderate rains in Texas and scattered showers in Georgia. The Stanley weekly summary reports mostly fair picking and ginning in eastern and central belts including Arkansas and Oklahoma, with some stoppages due to heavy rains and an expected harvest report of 14,000,000.
MENTIONED IN THIS ARTICLE
Stanley
Texas
Georgia
Arkansas
Oklahoma
JNO. F. Clark & CO
Market activity shows gains in futures and grains
Chicago reports lively trading and higher futures prices with export demand and tight farm stocks. Wheat and oats advance with wheat lifting to around 13.44 cents while oats stay near initial levels. provisions move downward as the market reacts to Liverpool wheat gains.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Liverpool cotton market reports steady prices in London trade
Cotton spot sales reached 8 000 bales with 5 700 American as receipts rose to 1 000 bales and futures closed barely steady. Prices listed for American and other grade categories show slight revisions with October through July contracts quoted around 9.97 to 9.72.
MENTIONED IN THIS ARTICLE
Liverpool
Foreign exchange rates quoted in New York on Oct 3
Mixed bank quotations list demand and cable rates for currencies including Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Jugosavia Austria Romania Argentina Brazil Tokyo Shanghai Montreal with figures in cents and percent.
MENTIONED IN THIS ARTICLE
Foreign Exchange
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Potatoes Market Mixed as Receipts Rise in Chicago Trade
Chicago reports show 152 carlot receipts on the track and 479 in transit, totaling 1028 cars shipped nationwide. Markets remain dull with varied prices for sackings of different potato varieties across states, including Wisconsin round whites, Minnesota Irish cobblers, and Idaho russets, all priced within slight ranges.
MENTIONED IN THIS ARTICLE
Chicago
USDOA
U. S
Wisconsin
Minnesota
North Dakota
Red River
Ohio
South Dakota
Idaho
Rurals
Western
Bliss Triumphs
Dairy prices steady as New York markets report receipts
Butter remains steady with 17,029 received as creamery prices rise above extra and various scores. Cheeses hold firm with a large 142,158 receipts. Market notes include percentage gains for creamery and flat products across scores.
MENTIONED IN THIS ARTICLE
New York
Sugar Market Steady as 21000 Cuban Bags Sold for October
Raw sugar held firm in New York with 21 000 bags of Cuban grade sold for October shipment to an outport refiner at 3.89 duty paid.
MENTIONED IN THIS ARTICLE
New York
Whitney Predicts Early Week Secondary Market Reaction
Whitney says a secondary market reaction was expected early this week and developed yesterday. He cites continued liquidation by commission houses prompted by letters and wires urging stock liquidations for several reasons. He expects the secondary reaction to be completed today.
MENTIONED IN THIS ARTICLE
Commission House
Whitney
New York Cotton Opens Steady Then Falls on Liquidation
The New York cotton market opened steady with a 2 to 5 point gain on overnight buying but soon declined as liquidation and local and southern selling intensified. Prices fell to December 18.93 and March 18.80 before minimal recoveries in late morning trading. Two private reports estimated the season’s condition around the mid 53s with yields near 13.8 to 14.8 million bales.
MENTIONED IN THIS ARTICLE
New York
Weather Bureau
World Series Broadcast on Two Radio Chains
The world series will be aired on two radio chains with games starting at 1 10 p m eastern for New York games and 2 10 p m eastern for St Louis contests. Graham McNamee and Philips Carlin will host for NBC while CBS will have Major J Andrew White and Ted Hiussing providing play by play. Stations listed include WEAF WGN KSD WBAL WOR WMAQ and others on NBC and WBAC WOR WBBM WNAC WADC on CBS.
MENTIONED IN THIS ARTICLE
New York
National Broadcasting Company
WEAF
WIN
WEEI
WTIC
WJIAR
WTAG
WCSH
WPC
WGY
WTAM
WWJ
WGN
KSD
Wwoc
WHO
Wow
WBAF
KVOO
WFAA
KPRC
WOAI
KOA
WTMJ
WCCO
WHAS
WMC
WSB
WBAL
WIR
KYW
KWK
WGR
WBZ
WBZA
KPO
KGO
KOMO
KFI
KHQ
KGW
Columbia
WBAC
WOR
WBBM
WMAQ
WCAU
WNAC
WEAN
WFBL
WMAK
WJAS
WADC
WKRC
WGHP
WOWO
KNOX
KMBC
WICC
WHK
Sarazen and Barnes Even on 18 at Balti more
Gene Sarazen and Long Jim Barnes battled to an even 18 holes in the second round of the national professional golf championship at Five Farms course Baltimore. Sarazen overcame a late deficit to take the lead in the second nine but Barnes squared the match at the final hole.
MENTIONED IN THIS ARTICLE
F. G. Vosburgh
Associated Press
Five Farms
Baltimore
Gene Sarazen
Long Jim” Barnes
Gene
Barnes
Also Mentioned on This Page
Mart
Hart Drug Co
J. S. Bache & Co
Commercial Bank
N. Y
Chicago Grain
Chicago Cash Grain
Clevenburg
Worth Street
JNO, F. Clark & CO
MO. F. Clark & CO
LYON
Lyon Furniture Mercantile Agency
Alabama
California
Colorado
Florida
Illinois
Iowa
Kansas
Maine
Maryland
Mass
Michigan
Missouri
Montana
Nebraska
N. Hi
N. Jersey
N. York
N. Car
N. Dakota
Oregon
Penn
St. Louis
Chichesters
BYERT
Crosley
Showers Brothers
Rose Furniture Company
English Street