New Highs Hit as Stocks Rally in Noon Market
A forceful trading session pushes nearly 60 issues to new high records with gains of 1 to 11 points. U S Steel tops 109, Republic Steel at 83, Anaconda and Texaco lead oil shares, and The Perfect Circle declares a 50 cent quarterly dividend payable October .
MENTIONED IN THIS ARTICLE
England
Sterling Exchange
U. S&. Steel
Republic Steel
Anaconda
Texas Corporation
Perfect Circle Co
Indiana
General Piston Ring Co
Masslin may testify in Wachovia bank fraud case
Thomas Maslin former president of the defunct Merchants Bank and Trust Company may be brought from Raleigh State Prison to testify in H C Scales versus Wachovia Bank and Trust Company. Scales seeks 30000 actual and 15000 punitive damages for alleged frauds tied to property foreclosure. Trial begins but may be postponed to allow Maslin’s appearance.
MENTIONED IN THIS ARTICLE
Winston-Salem
N. C
Thomas Maslin
Merchants Bank and Trust Company
Raleigh
H. C. Scales
Wachovia Bank and Trust Company
Scales
Maslin
Co. C. Lyon
Geo. Ross Pou
Noses Need Help With MELLO GLO Face Powder Ad
An old advertisement promotes MELLO GLO Face Powder from Mann Drug Stores. It claims to reduce shine, keep skin looking youthful, and prevent large pores while lasting longer on the skin.
MENTIONED IN THIS ARTICLE
Mann Drug Stores
Yankees Edge Athletics In Tight Eighth Inning
In a contested game, the Yankees push ahead in the seventh as Cochrane and Koenig make key plays. Meusel, Ruth, and Lazzeri contribute hits while Gehrig and Foxx provide solid defense and timely outs. The Athletics answer with singles from Haas and Collins but leave runners stranded into the eighth.
MENTIONED IN THIS ARTICLE
Cochrane
Gehrig
Simmons
Foxx
Lazzeri
Miller
Yankees
Koenig
Bishop
Boley
Ruth
Meuse
Tribetad
Athletics Gehrig
Ehmke
Bengough
Haas
Robertson
Paschal
Hoyt
Rune
Collins
Liverpool 1215 Market Notes And Weather Update
Liverpool reports mixed market days with 7000 sales and 1005 mids against 999 yesterday. Weather partly clear with showers forecast eastern belt and western areas fair. A tropical storm of considerable intensity centers near Martinique likely moving westward. Memphis cotton review cites worsening belt crop prospects since September while New Bedford developments hint at settlement progress in a 22 week strike. Technicals may spark a rally in Worth St amid storm showers and improving business.
MENTIONED IN THIS ARTICLE
Liverpool
Martinique
Memphis Cotton Review
Journal Commerce
New Bedford
Worth St. J
Clark &O
Armour issues and Union Carbide guidance in stock notes
Armour issues particularly the A stock absorbed in large quantities. The A stock continues to be recommended for purchase while below 25. Union Carbide has more to accomplish marketwise before you are advised to take profits. J. Cyark & Co.
MENTIONED IN THIS ARTICLE
Armour
Union Carbide
J. ¥. Cyark & CO
Public Service Denies Rehearing on Consolidated Gas Brookyn Edison
Stock market notes list dividends from Bank of Italy National Bank Italy Co Northern Power American Tel and Tel and National Biscuit. Also notes Canadian wheat crop estimates and railway freight loadings. Industrial averages rise with Air Reduction and J F Clark deals cited. Market analysts Hornblower Weeks Lamborn Hutchings comment on market reaction.
MENTIONED IN THIS ARTICLE
Public Service Commission
Consolidated Gas
Brooklyn Edison
Air Reduction
Associated Dry Goods
Macy
Continental
Bank of Italy
National Bank Italy Co
American Railway Association
Northern Power Corporation
American Tel
National Biscuit
J. F. Clark & CO
Liverpool Cotton Markets See Higher Prices and Strong Demand
Cotton spot in fair demand with higher values led by American grades. Prices range from strict good middling 10.50 to good ordinary 9.15, with 7,000 bales sold including 4,900 American. Receipts total 4,000 with 2,000 American. Futures closed quiet: Sep 9.49, Oct 8.37, Jan 9.31, Mar 9.35, May 9.40, Jul 9.38.
MENTIONED IN THIS ARTICLE
P Lorillard
Comnereeee
Lehn and Fink
Cove
Wotirog GO
Mack Truck Os
Mont Ward
Miami Cop
O.e. Ss
North Amn Co
Or O
Nail Cash
Nash Motors
Willys Overland Ee
Otis Steel
Pathe
Park Tilford
Park Tah
Phil Pete
Pierce Arr
Postum
Packard
Rock Island
Mid Reynolds
Amn Sugar
Cme TP Ryes
Eee
Sears Roebuck
Studebaker
Tex Gulf Sul
Tranac Oil
Tex Pac Land Ee
Ee Ee
Tob Prodore
Tex Corpn
Union Pac Ry
U S
Vf Eee
United Cigars Eree
NYN H and H Ry
Vick Chem
Victor Talk
West Air Bk
Snar
West Md Ry
Seees
Warner Bros
Bnsge Ooik
Woolworth
I Genl Motors
Liverpool
Stock Market Rally Signals Broad Gains After Early Weakness
The market rallied after initial declines as call money steadied at 7.5 percent and technicals improved. Analysts expect a strong opening today and see AMN Can, NCR, and CFG likely to rise, having consolidated recent gains and poised for further progress.
MENTIONED IN THIS ARTICLE
AMN Can
NCR
CFG
Market rally strengthens speculative outlook
The recent rebound among active leaders boosts confidence among speculators who expect higher prices. They remain resistant to selling, reinforcing the current market strength over the past weeks.
Market Views From Henry Lachman Orvis Hornblower and Weeks
Henry G Lachman says rails are behind the market and should be bought on recessions Orvis Bros favors new commitments only on sharp reactions Hornblower and Weeks believes the market has faced most of its reaction and should be treated accordingly.
MENTIONED IN THIS ARTICLE
Henry G. Lachman
Orvis Bros
Hornblower
Weeks
Lydia E. Pinkham Remedy Endorsement Letter
Cleveland reader shares how Lydia E. Pinkham's Vegetable Compound restored her strength after illness. She notes severe weakness and nervousness improved after ten bottles and she remains taking it until fully recovered. The testimonial mentions Arcade Avenue and addresses Mrs Extraperuh Toso at 14913 Hale Avenue in Cleveland Ohio.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
Lydia E. Pinkham
Arcade Avenue
Mrs. Extraperuh Toso
Hale Ave
High class industrials seen as purchase after reactions
Hirsch Lilenthal expects no serious decline and thinks further reactions will present buying opportunities in high class industrials. J. Bache and Co. comments on the market outlook.
MENTIONED IN THIS ARTICLE
Hirsch Lilenthal
J. 8. Bache and CO
Weather and crop outlook for eastern belt and Texas
Forecasts show eastern Belt partly cloudy with possible showers and central Belt fair. Fast and West Texas fair, Arkansas and Oklahoma partly cloudy. Weekly temperatures warmer across the belt with generally favorable conditions, but recent rains in Texas and Oklahoma caused concerns for crops and may affect market hedges. Weather remains a key factor for the coming weeks.
MENTIONED IN THIS ARTICLE
Eastern Belt
Central Belt
West Texas
Arkansas
Oklahoma
Cotton Opinions From Market Dealers Aimed at Trends
Wrenn Bros warn prices may fall further but hesitate to short at current levels. Williams and Travers note heavy short interest and a continuing covering rally. F B Keech predicts lower prices broadly but calls an extended decline unlikely. James E Bennett sees possible small upturn on technicals though trend appears downward. J Bache and Co monitoring the market.
MENTIONED IN THIS ARTICLE
Wrenn Bros
Williams and
New Orleans Cotton Dull Amid Weather Summary Trading
New Orleans dull cotton session follows a bullish weekly weather and crop summary. After an early rally, hedge selling drives October from 17.37 to 17.21 with December at 17.29 and January around 17.28, exports total 28 922 bales as prices close below yesterday’s highs.
MENTIONED IN THIS ARTICLE
New Orleans
Cotton futures close with small gains in New Orleans
In New Orleans on September 12 cotton futures finished quietly with a net advance of 2 to 6 points. The Oct contract opened at 1734 and closed at 1727, while Dec rose to 1731 at close and Jan settled at 1733 amid mixed intraday highs and lows.
MENTIONED IN THIS ARTICLE
New York
P. C
N. O
New Orleans
P.C
Bull market gets flying start on New York Exchange
The bull market on the New York Stock Exchange opened with rapid gains in the first half hour. More than twenty issues rose to record high levels as prices jumped from $1 to nearly $7 a share with blocks of 5 000 to 15 000 shares changing hands frequently.
MENTIONED IN THIS ARTICLE
New York
Warner Brothers Pictures-Stanley Co. of America
New York Stock Exchange
Wheat Drops Near Season Lows On Record Canadian Crop
Chicago September market notes wheat near season lows as Canadian reports show a record crop enabling large daily exports. Despite the drop the market held with cautious gains on last price and news of Ukraine facing a famine risk, while corn and oats moved modestly.
MENTIONED IN THIS ARTICLE
Chicago
North America
Russia
Ukraine
New York Cotton Holds Steady Amid Mixed Trading
New York September 12. The cotton market showed reduced activity with a steadier undertone. Early gains of 10 to 16 points faded as southern selling persisted, leaving the afternoon price close to yesterday's close and net gains of 3 to 4 points.
MENTIONED IN THIS ARTICLE
New York
Cottonseed Oil Prices Close Easier in New York
Cottonseed oil markets in New York eased with prices declining across multiple months. Prime summer yellow closed at 985 to 1000, prime crude at 762% 8s:00, and futures for January to December ranged from 957 to 983 with total sales around 17,100 units.
MENTIONED IN THIS ARTICLE
New York
New York Market Brief Bar Silver Prices Decline
New York reports on September 12 noting bar silver at 575g and Mexican dollars at 43 percent.
MENTIONED IN THIS ARTICLE
New York
Whitney's Letter on Market Reactions and Stock Prospects
The note argues that an anticipated reaction to the Maine election influenced Monday's market advance and predicts further gains. It highlights call money staying near 7 percent, expects a tax and government financing day to affect rates, and cites U S Steel Anaconda General Electric Loose Wiles General Motors and Westinghouse as promising or lagging under current conditions.
MENTIONED IN THIS ARTICLE
Maine
U. S. Steel
Anaconda
General Electric
General Motors
Westinghouse
Weather and grain market report from Stanley Weather Bureau
Temperatures stay warm with light rain in Missouri and parts of Texas. Eastern belt forecasts show partly cloudy to showers, central belt fair, and Texas overall fair. Weevil development rising. crop late and ginning not yet widespread. Grain opinions note corn strong with potential advance, wheat may rally or drift lower, and corn still buoyant as short interest remains.
MENTIONED IN THIS ARTICLE
Stanley
Belt
Missouri
Eastern Belt
Central Belt
Texas
Arkansas
Oklahoma
J. ¥. Clark & CO
Stein Alstrin
Hubburd Warren
Bartlett Frazier
Stock Opinions Bache We Suggest the Purchase of Seasoned Stock
Bache weighs in on investment strategy urging readers to consider seasoned stock positions. The opinion outlines potential stability and value in established shares amid market fluctuations.
MENTIONED IN THIS ARTICLE
Bache
Rail group eyed as session opens amid money market cues
Traders expect speculative attention to tilt toward railroad shares as markets start, with price moves likely tied to any near term shifts in the money situation.
Wheat Market Notes From Tribune Report
The Tribune notes wheat as a merchandising proposition with rising movement from farms to mills. Rallies unlikely to last beyond a few days with selling on bulges. Government crop report on corn and oats shows expected yield increases. southern states saw reductions in their forecasts.
MENTIONED IN THIS ARTICLE
Tribune
Oate
J. F. Clark & CO
Hubbard Bros Nothwithstand Bearish Market Rebounds Stagnant
The report notes a sharp 150 point decline with selling absorbed by the trade and little price recovery beyond technical reactions as sentiment remains bearish until a change occurs.
MENTIONED IN THIS ARTICLE
Hubbard Bros
Also Mentioned on This Page
Warner Brothers
Murray Corporation
Mullins
Motor Products
American Bosch
Briggs
Curtiss Aeroplane
Johns Manville
Mathieson
Case
Universal Leaf
Masslin
Washington, D. C
VIA
Southern Railway System
High Point, N. C
Crescent Limited
Pullman
Southern Railway
R. H. Graham
Charlotte, N. C
J. S. Bache & Co
Commercial National Bank
Fox Film
Gimbel Bros
Gt Nor Ry
Goodrich
Gulf States Steel Fe
Hartmann
Hudson Motors
Hupp Motors Owe Eee
Howe Sound
2Eer Eee
Kelvinator Sreeeee
MS and T Ryvis Eee
Kresge Eee
Keith Albee
Eee Ee
Kelly Springfield
Kennecott Cop
Lembert
Lig Meyers
Ludlum Stee
Meusel
Robertséon
Combs
Hornblower & Weeks
Lamborn Hutchings
John R. Thompson
Bache and. CO
Chicago Grain
Whitney
Lindsay Davis
Cl. Judlic
Vlaumuulluiu
Penders
South Main Street
Mallory Street
North Carolina Hines, Inc
Winston-Salem, N. C
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