High Money Blocks Speculators On Today's Market
New York sept 6 AP High money rates blocked speculators in today s stock market as call money held at 71 2 percent while banks called 25 million in loans The list saw selling in Radio and General Motors amid advances elsewhere with many issues reaching year highs before midday pullback and irregular close with about 4 2 million shares traded.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
New York
General Motors
Federal Reserve
U. S. Steel
Texas Corporation
California Petroleum
Barnsdall
A.” Warner
Quinland
Tidewater Associated
General List
Federal Mining & Smelting
Radio
Frank G. Shattuck
Warner Bros
Chrysler
American International
Victor Talking Machine
Gold Dust
Allied Chemical
U. S. Steel Common
Cotton futures close steady with slight gains in New Orleans
In New Orleans on September 6 the cotton futures market ended with gains of 12 to 17 points. Prices for the nearby months showed modest advances with October at 1848 and January at 1850, while March and May contracts also closed higher within the day’s range.
MENTIONED IN THIS ARTICLE
N. O
New Orleans
P.C
Cotton Prices Hit 181 8 in Spot Market
Charlotte spot cotton in Charlotte North Carolina on September 6 reports 181 8. The note shows a brief price quote with no further context or figures beyond the price point.
MENTIONED IN THIS ARTICLE
Charlotte
N. C
Spot Cotton
Stock Opinions on Market Balance After GM Move
The market held up amid a large broker loan increase with irregular early trade and stronger gains later. General Motors' leadership boosted bullish sentiment while a softer money tone and federal reserve loan report eyed. steel shares like U S Steel expected to rise, warranting continued holdings.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
General Motors
Federal Reserve
Closing Cotton Letter Sees Small Day Gain On Hedging
New York opens higher by 5 to 12 points with activity strongest in October and December. Reports of eastern rains and steady Liverpool support spring price gains, though hedge selling and long liquidation pull futures back near previous close. The session ends with a modest net rise about four points as private crop estimates range from 14.5 to 15 million bales, with NY Exchange members averaging 14.316 million.
MENTIONED IN THIS ARTICLE
New York
Liverpool
New York Cotton Exchange
Market Backing and Filling Ahead of Report Release
The text notes the market trading between 15.5 million and 13.6 million with a plan to continue backing and filling until the report is issued. It advises maintaining an even position over the report. J. S. Bache and Co.
MENTIONED IN THIS ARTICLE
J. S. Bache and CO
Texas Weather and Cotton Opinions Ahead of Report
Weather overview for Texas cities shows clear cool conditions in San Antonio Austin and Fort Worth while Dallas and Houston are partly cloudy and cool. Cotton market opinions from Wade Bros Hubbard Orvis and Pynchon reflect expectations of price moves ahead of the government report with varied but generally cautious forecasts.
MENTIONED IN THIS ARTICLE
Texas
San Antonio
Austin
Fort Worth
Dallas
Houston
Bache & CO
Stock Opinions: Henry G. Lapham and Others
Henry G. Lapham favors taking profits on further advances while Moss and Ferguson anticipate easier money as the week unfolds. E F Hutton notes clear warning signals but no immediate market alarm. Hirsch Lilienthal sees rails to be taken up and expects many to sell higher. J and Bache Co.
MENTIONED IN THIS ARTICLE
Henry G. Lapham
Moss and Ferguson
E. F. Hutton
Hirsch Lilienthal
J. & BACHE @ Co
Stock Rally Rebounds as Tech Stocks Lead Morning Gains
A mid afternoon rally erased earlier declines with Curtis and other strong tech stocks boosting the market. Market direction tomorrow hinges on brokers loan data due later today as reported by J Bache and Co.
MENTIONED IN THIS ARTICLE
Curtis
J. 8S. Bache and CO
Grain Prices Edge Up as Markets Steady in Chicago
Chicago wheat finished firm with small gains after a nervy session. Corn showed a firmer tone on better cash prices and lower offerings. oats were steady. Provisions remained firm with modest advances as foreign markets held firm.
MENTIONED IN THIS ARTICLE
Chicago
Turpentine and Rosin Trade Figures Reported
Naval Stores in Savannah records for September 6 show a Turpentine firm with sales 768 receipts 1 147 shipments 2 625 stock 22 749 and a Rosin firm with sales 1 689 receipts 3 830 shipments 6 353 stock 126 276. Prices quoted include B to M 7.55 N 8.00 WG 8.90 WWAAX 9.10.
MENTIONED IN THIS ARTICLE
Savannah
Rosin
WWAAX
Woman Held Under Hyp Notice Spell During Major Operation
A woman undergoing a major operation was held under a hyp notice spell for nearly an hour. No drugs or anesthetics were used.
Philadelphia bootleg king linked to arms store case
District Attorney Monaghan said evidence ties Max Hoff known as Boo Boo to Edward Goldberg owner of a military goods store selling bullet proof vests and machine guns. Goldberg’s records were seized as the grand jury probes underworld ties with police and a rum ring amid recent arrests for perjury and past gang violence.
MENTIONED IN THIS ARTICLE
Philadelphia
John Monaghan
Max “Boo Boo” Hoff
Edward 8. Goldberg
Grand
Monaghan
Rum Ring
Goldberg
Military
Petey Ford
Frankie Bailey
John Bricker
Mickey Duffy
Club
Cadix
City Hall
Max Hoff
Ford
Bailey
Hornets Nest Post breaks even at Legion convention
Final settlement of the American Legion North Carolina department convention finances shows Hornets Nest Post in Charlotte broke even after heavy entertainment costs. A regional registration fee of 1 was charged for delegates and visitors, with about 2500 members and auxiliary registering.
MENTIONED IN THIS ARTICLE
Charlotte
N. C
American Legion
North Carolina Department
Hornets Nest
Department
Metals Market Summary New York Sept 6
Copper firm across electrolytic spot and future at 14 percent. Iron unchanged. Tin steady with spot at 4775 and futures at 4662. Lead firm with New York at 640 and East St. Louis at 625. Time steady with East St. Louis spot and future 625. Antimony 1012. Quicksilver 127.00.
MENTIONED IN THIS ARTICLE
Metals
New York
East St. Louis
Human fly hurt in three story fall
Steve Peterson known as the human fly fell 40 feet from the 16 story Labor Bank building in Jersey City while climbing for a veterans drive. He broke his right ankle left arm and suffered internal injuries after slipping twice and plunging to the sidewalk as onlookers laughed.
MENTIONED IN THIS ARTICLE
Jersey City
N. J
Steve Peterson
Peterson
New York
Clinton E. Fiske Post
Veterans of Foreign Wars
Labor Bank
Chicago Grain Table Forecasts Prices Across Commodities
A Chicago grain table from Sept 6 reports bid and ask figures for key commodities. Wheat No 2 hard, No 4 northern spring, Corn No 2 mixed and No 8 yellow, Oats No 3 white and No 4 white, Rye No 3, Barley, timothy and cloverseed prices, plus pork products like lard and ribs with varying closes.
MENTIONED IN THIS ARTICLE
Chicago
Liberty Bond Prices in New York Report
U. S. Government bonds quoted with Liberty issues at various prices. Liberty 4th 4s and Treasury 4s show notable levels, while Liberty 1st 4s and 3rd 4s trade near 100.29 and 99.31 respectively. Treasury 3s firmness noted, reflecting market activity on Sept 6.
MENTIONED IN THIS ARTICLE
New York
U. S
Liberty
Treasury
New York Cotton Market Sees Mixed Day on Weather Signals
Unfavorable weather advice and stronger Liverpool cables sparked irregular moves in New York cotton. Covering activity kept the market generally steady with active months showing 6 to 10 points gains by mid afterno on.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Cotton market rises on heavy rains in eastern belt
New Orleans cotton prices gained 10 to 11 points from yesterday as rain continued in the eastern belt. Export sales were modest at 855 bales.
MENTIONED IN THIS ARTICLE
New Orleans
Tobacco sales at Wilson decrease report
Wilson North Carolina September 6 Today sales on the local tobacco market fell below the half million mark with 362898 pounds sold at an average of 13.04 per hundredweight gross receipts 47356.97. Estimated prices for today were about the same as yesterday and Tuesday with slightly more than a quarter million pounds offered for sale.
MENTIONED IN THIS ARTICLE
Wilson
N. C
Prominent Cotton Finishing Man Dies in Pelham Manor
Elliott C. House mayor of Pelham Manor village and vice president of the National Association of Cotton Goods Finishers died at his Pelham Manor home from angina pectoris. He was a prominent figure in the cotton finishing industry.
MENTIONED IN THIS ARTICLE
New York
Elliott C. House
Pelham Manor Village
Pelham Manor
National Association of Cotton Goods
Cotton futures report from New York market
Open high low and close figures for October December March May contracts at the New York cotton futures market on September 6. Prices show mixed movement with closes around 1,896 for October and 1,872 for March, reflecting a turbulent session.
MENTIONED IN THIS ARTICLE
New York
Stock tips and market outlook from Clark & Co on cotton plays
The note advises buying on market reactions while watching the Federal Reserve statement due after the close. Call money remains ample around 7 percent with a likely rate drop before day’s end. Recommends profit taking in Fox Film and moving into Fox Theatre, plus buys in Westinghouse Electric and U S Steel below target levels. Cotton crop prospects hinted with 14 to 15 million bales and cotton prices deemed attractive.
MENTIONED IN THIS ARTICLE
Federal Reserve
Talking Pictures
Fox Film
Movietone
Fox Theatre
Brunswick Balke
Westinghouse Electric
U. S
Sinclair Oil
Texas Corporation
S. MO
Bank and business notes from August market roundup
Bank of England keeps rediscount rate. Several firms declare quarterly dividends including Loose Wiles 40 cents on common and 1.75 on first preferred. Skelly Oil buys 18 stations in the Twin Cities from Midwest Refining. Dodge Bros shipments rise 43 percent from July. Tidewater Associated and American Super Power announce dividends. Freight and export activity reaches new highs with August shipments strong in trucks and exports. Kolster Radio arranges financing with Commercial Credit. Chase National Bank declares 3.50 and 1.00 quarterly dividends.
MENTIONED IN THIS ARTICLE
Bank of England
Skelly Oil
St. Paul
Minneapolis
Midwest Refining
Chase National Bank
Chase
Dodge Bros
Kolster Radio
Commercial Credit Corporation
Tidewater Associated Oil
American Super Power
MO. F. Clark & CO
Market Sees Mixed Movements After Recent Gains
Hutton and Hornblower & Weeks note expectations of moderate readjustments and a technical reaction in several lists. They caution that gains have been rapid but see the upward trend continuing, with only a temporary correction likely.
MENTIONED IN THIS ARTICLE
BE. F. Hutton
Bache
Hornblower & Weeks
INO. F. Clark & CO
Cotton Letter from Clevenburg and Weather Forecast
Liverpool market notes 12:15 by Clevenburg with Pan American and March 6 points better than due. spot sales 7,000 mids. 1054 vs 1052 yesterday. Southern weather mostly cloudy with rain at Raleigh. Carolinas Georgia Alabama and local showers Mississippi. Louisiana Arkansas Texas part cloudy. Oklahoma fair and warmer. Tropical storm west of Yucatan. International Spinners Federation reports world consumption at 15,407,000 bales vs 15,780,000 prior season. World mills stocks at 2,212,000 vs 3,056,000. Print cloths business fair in Worth Street. market awaiting the report.
MENTIONED IN THIS ARTICLE
Clevenburg
Liverpool
Pan
Raleigh
Carolinas
Georgia
Alabama
Mississippi
Louisiana
Arkansas
Texas
Oklahoma
Yucatan
International Spinners Federation
World’s Mills
Worth Street
Weather and market brief from Stan ly Weather belt report
Continued rains plague the eastern belt and Alabama with Thursday outlook for mostly clouded conditions and scattered showers. A Liverpool cable notes hedging liquidation calling and failure by T. W. Blundell Co Owens Swaly Co causing uneasiness though liabilities are small. India cloth inquiry noted. JNO. F. CLARE & CO.
MENTIONED IN THIS ARTICLE
Stanley
Belt
Alabama
Liverpool
T. W. Blundell & Co
Owens, Swally & Co
India
JNO. F. Clare & CO
Market firms on steady stance awaiting report
Traders advise maintaining an even position over the report with little price change expected until Wade Bros and Wrenn Bros note potential gains on recessions while a carryover effect lingers in the market.
MENTIONED IN THIS ARTICLE
Bache
Pynchon
Wade Bros
Wrenn Bros
Stock Gossip Grain Opinions On Wheat And Corn
Grain opinions from Jackson Bros Thomson McKinnon and JNO F Clark & Co caution gradual wheat price rises in the long term and a declining market for wheat in the near term. They expect higher prices for new crop corn and advise conservative traders focus on new crop deliveries amid erratic fluctuations.
MENTIONED IN THIS ARTICLE
Jackson Bros
Hulburn Warren
Thomson McKinnon
JNO. F. Clark & CO
Wheat market faces hedging pressure and mixed buying
Traders expect further wheat price sag as northwest hedging, plus selling pressure, meets cautious support from commission houses. Northern buyers show resistance, while North West traders anticipate higher receipts this week and possible price drops. Winnipeg Minneapolis and Duluth saw activity. farmers ready to sell at current levels though export demand remains tepid.
MENTIONED IN THIS ARTICLE
Tribune
Northwest
Commission
Winnipeg
Minneapolis
Duluth
Chicago Livestock Market Report Chicago Sept 6
Hogs 17 000 head. Steady to 10c higher than Wednesday. Top 13.10 for 180 210 lb hogs. Cattle 7 000 head with strong to 15c higher on fat steers. top fat yearlings 18.25 and many classes hardening. Sheep 24 000 head with fat lambs up to 25c. feeding lambs strong at firm prices.
MENTIONED IN THIS ARTICLE
Chicago
Sugar market steady as futures slip on liquidation
Raw sugar trading was quiet with spot prices at 4.08 duty paid and futures opening unchanged to 2 points lower. Active positions showed declines of 1 to 2 points amid liquidation and selling by European-connected houses. Refined demand remained weak with second hands supplying at 5.52 to 5.60 and refiners keeping prices at 5.65.
MENTIONED IN THIS ARTICLE
New York
Liverpool Cotton Market Uplifts Prices on Strong Demand
Liverpool reports active cotton trading with higher prices. American grades lead gains and sales reach 7,000 bales with 5,800 American. receipts 3,000, including 700 American. Futures close barely steady with September at 10.06 and May at 9.84.
MENTIONED IN THIS ARTICLE
Liverpool
Potatoes market steady with mixed regional prices
Chicago September 6 potatoes receipts 70 cars on track 285 cars total U S shipments 641 cars trading slow market steady Kansas and Missouri sacked Irish cobblers 75 85 Nebraska sacked Irish cobblers 80 90 few fancy 1 00 Minnesota sacked early Ohios 75 85 Wisconsin sacked Irish cobblers 90 95.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Kansas
Missouri
Nebraska
Minnesota
Wisconsin
Bishop Hartzell dies from injuries after home beating
The Right Rev. Joseph Crane Hartzell, Methodist Episcopal bishop for Africa, dies at Christ hospital Cincinnati from injuries suffered June 1 when attacked by robbers at his Blue Ash home. Born June 1 1842 in Moline Illinois, he spent 46 years in Methodist leadership and oversaw Africa missions.
MENTIONED IN THIS ARTICLE
Methodist Episcopal Bishop For
Africa
Cincinnati
Joseph Crané Hartzell
Methodist Episcopal Church
Christ Hospital
Blue Ash
Here
Hartzell
David Livingstone
Cecil Rhodes
Umtali
Rhodesia
East Africa
Liberia
Congo
Angola
Madeira Islands
Pekin
Illinois
Moline, Ill
Germany seeks allied troop removal from Rhineland
Geneva, Sept. 6. Germany presented a memorandum to allied powers as the next step toward evacuating the Rhineland. The move would start negotiations and potentially set a conference among Germany, France, Great Britain, Belgium, and Italy. Discussion touched on Dawes plan bonds and the possibility of linking evacuation with debts to the United States.
MENTIONED IN THIS ARTICLE
Geneva
Germany
Rhineland
France
Great Britain
Belgium
Italy
United States
Commercial Investment Trust to acquire Peierls Buhler Co
The Commercial Investment Trust Corp plans to control the capital stock of Peierls Buhler Co a textile firm serving major mills in the U S and abroad The move follows a signed contract Rob ert G Blumenthal will become president of Peierls Buhler succeeding Herbert P Howell who moves to lead New Commercial National Bank & Trust Co The holding company finances the distribution of over 60 manufactured products
MENTIONED IN THIS ARTICLE
New York
Peierls, Buhler & Co
America
Commercial Investment Trust Corp
Robert G. Blumenthal
Herbert P. Howell
New Commercial National Bank & Trust Co
Governor Offers Reward for Slayer in Jones County
Governor McLean announced a reward of 2590 for the arrest and conviction of the slayer of Hiram Meadows a 17 year old shot through his bedroom window last week in Jones County. County authorities had previously offered 250 for the assassin. No motive is known to relatives of the youth.
MENTIONED IN THIS ARTICLE
Raleigh
McLean
Hiram Meadows
Jones County
Also Mentioned on This Page
South Carolina
Cardus
Cardui
Florida
VIA
Southern Railway System
High Point
Savannah, Ga
Jacksonville, Fla
Miami, Fla
Tampa, Fla
Havana, Cuba
Jacksonville
Havana
Southern Railway
R. H. Graham
Charlotte, N. C
J. S. Bache & Co
Commercial National Bank
Adams Millis
Ask
Atch Oowee
Eer
Amn
Amn Can
Ewe Ceusenet
Aenl Asphalt
Allied Chem . . Eee Ee
Amn Safety Razor
Baldwin Loco
Cs Ee
Beth Steel
Briggs Body
Bucyrus Erie
Eee
Bisa
Corl Credit Eee Eee See
Eo. O
Ééeua Ees
Ches and Ohio
Contl Motors
Eeesoree
Dodge Bros Motor
Elec Power
Erie Ry
A Fleischmann
Nef
Famous Players
Freeport Tex
Fisk Rubber
Fox Film War
Genl Elec
Yimbel Bros
Goodyear Rub
Lons Gassee
Godrich Rub
Hartman
Hudson Motors Eer
Dille Hupp Motors
Howe Sound
Ndl Tel
Ntl Nickel
We Ee
Kelvinator Ee
cyrKesge . Eee
Eer Eee
Keith Albee
Kelly Springfield Eee
Kennecott Cop
Ieee
Lembert
Lig Meyers Tob
Eevee
Ludlum Steel
Seeea
P Lorillard
Mack Truck
Mont Ward
Miami
St Natl Dairy
Park Tilford O
Park Utah
Penna Ry Pierce Arrow
Postumere
Packard
Rep Iron Steel Pa
Rock Island Ry
Rem Rand
Radio Fe Car
Nod Reynolds
Amn Sugaroo
Sun Oil
Timken R
Tex Gulf Sur
Transc Oil
Tex Pac Land
Tob Prod
Ae Tex Corpn
West Md Ry
Youngs Sheet
Woolworth Fe
Geal Motors Eee
J. S&s. Bache & CO
Jas. E. Bennett
Bureau
Hubbard Bros
Orvis Bros
Chicago Grain
Philly
Charlotte Legion
Chicago Grain Table
Whitney
JO. F. Clark & CO
Chicago Livestock
Bayer
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