Wall Street Slips as Traders Await War Debt Talks
The stock market eased in a quiet session amid war debt concerns and looming Congress actions next week. Major issues moved indecisively with some recoveries, while silver fell to a record low and commodity indices show meager recovery since June. Total volume reached 655,699 shares.
MENTIONED IN THIS ARTICLE
WALL
New York
Case
American Telephone
J. S. Steel
American Tobacco
Allied Chemical
Santa Fe
American Can
Westineghouse
United Aircraft
New York Central
Union Pacific
Dunn's
Bradstreet’s
Potash rights scheme tied to oil and gas holdings
A court hearing reviewed a plan by Shannon to enlist McNutt and Mitchell to secure potash rights in a Wyoming area. Shannon admitted that early potash discoveries had no holders yet and any company could develop the field by buying rights from government. He said the Snowden-Mcweeney Co sought holdings of high value if potash development proved profitable, drawing a large courtroom crowd.
MENTIONED IN THIS ARTICLE
Peice
Reed
Mitchell
McNutt
Shannon
McNut
Vides Okee Ae Eeeidleedey Co
Snowden-Mc
Weeny Co
Wool market steady as manufacturers seek fine western browns
Boston notices steady demand from wool manufacturers for fine western Brown fleeces and strictly combing 56s Ohio wool. Prices seen around 20 in grease for finer lots, with heavier wools fetching about 39 in similar grades, scoured values in the 36 to 38 range. Ohio emeees (R-508) bring about 29.5 to 30 in grease.
MENTIONED IN THIS ARTICLE
Boston
Dee
Ohio
Grain and livestock market wrapup from Chicago and Kansas City
Grain pricing for wheat oats barley and corn futures with December and July contracts noted plus cash bids. Kansas City reporting cattle calves United States Department of Agriculture figures show killing classes steady with clean up trade. cows and stockers mixed. Sheep and lambs price ranges listed with feeder and fed categories and regional comparisons.
MENTIONED IN THIS ARTICLE
Kansas
Cpty Livestock
Wesmortiy
Galveston Cotton Prices Steady at 6.70 Middling
Galveston market reports steady cotton prices with middling grade at 6.70 dollars per unit. Sales volume listed as 56 bales for the period, reflecting normal activity for the town.
MENTIONED IN THIS ARTICLE
Galveston
Dec
New Orleans Cotton Prices Parade Steady Demand
New Orleans February 9 646 cotton closes steady with trade quotes showing steady demand and moderate activity. Prices: middling around five and three quarters, low grades steady.
Revival begins at First Baptist with Dr Dodd preacher
Dr Dodd, pastor in Shreveport, will arrive in Roswell to lead the revival at First Baptist Church starting Sunday. Also showing at Princess Theatre is Ernst Lubitsch’s Trouble In Paradise with Miriam Hopkins Kay Francis Herbert Marshall Charlie Ruggles and Edward Everett Horton on Sunday Monday Tuesday and Preview tomorrow night.
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First Baptist Church
Mr. Dodd
Dr. Dodd
Roswell
Shreveport la
Crysta
Ernst Lubitsch
Paramount
Princess Theatre
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Kay Francis
Herbert Marshall
Charlie Ruggles
Edward Everett ‘Horton
New York Cotton Sags as Selloff Nudges Futures Lower
The cotton market showed quiet trade as traders awaited further developments. Prices slipped with March at 5.88 and overall futures ending barely steady, down 9-16 points for December and single to few points for other contracts. spot middling held at 5.89 with subdued activity.
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New York
Seling
Officials of interest in potash rights near Carlsbad
In a cross examination, attorney James Reed introduced a letter from Shannon to Joe Mitchell of Snowden McSweeny noting a potash showing on a 27060 acre tract near Carlsbad. The note urged Mitchell to contact McNutt and meet with local oil and gas rights holders to secure potash rights after the August 1925 analysis.
MENTIONED IN THIS ARTICLE
McNutt
James A. Reed
Shannon
Joe Mitchell
Snowden-McSweeny Company
Carlsbad
Mitchell
W C Simpson In Critical Condition At Home
W C Simpson was reported critically ill at his home on 202 South Richardson this morning. Record Want Ads note the phrase Record Want-Ads Get Results as a standard tagline.
MENTIONED IN THIS ARTICLE
W. C. Simpson
W. CC. Simpson
South
Richardson
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