Market Dull With Wide Intervals In New York Stock Letter
Stocks moved in a narrow range with scattered gains and losses as year-end tax pressure eased. Grains and cotton were listless while bonds held. notable moves included gains for National Distillers and Standard Oil of California and losses for U S Steel and Sears Roebuck. Chicago grain and provisions figures listed for wheat corn oats and seeds. cotton seed oil futures closed steady with several contracts quoted.
MENTIONED IN THIS ARTICLE
New York
U. S
Consolidated Gas
Liggett & Myers LB
U. S. Smelting
Standard Oil
California
Devre
Union Bag & Paper
U. S. Steel
Woolworth
Sears Roebuck
Chrysler
American Can
American Telephone
Johns-Manville
Dupont
Tied Chemical
Union Pacific
Santa Ise
Weengnouse
Dunn & Bradstrest
Foreign Exchange Rates and Chicago Poultry Prices Reported
New York and Chicago led a mixed day of markets with foreign exchange showing irregular moves across nations and a Chicago poultry report noting firm live prices. Major currencies including Great Britain and various European and American notes displayed varied demand while poultry prices for hens, leghorn, rock, and turkeys remained steady with some value ranges.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Markets at a Glance: Mixed Trading on Quiet Session
New York stocks show dull activity with slight leaders, bonds steady but pinched by secondary issues. Foreign exchange stable, cotton and wheat headline softer, hogs rise to a top of 3.10, while coffee holds near steady amid European selling.
MENTIONED IN THIS ARTICLE
New York
Chicago
New York Cotton Market Quiet Amid Holiday Trading
New York cotton remained quiet with limited fluctuations and steady demand. Early selling was absorbed by ongoing trade interest, prices edging up briefly before dipping under pressure from liquidation, while futures held near Friday’s levels and spot prices stayed quiet at middling levels.
MENTIONED IN THIS ARTICLE
New York
Sefternoon
Cotton futures ease after late holiday rally in New Orleans
Cotton trading slows in New Orleans with modest short covering lifting March to 12.27 and May to 10.42 before pre holiday liquidation pulls them back. Exports reach 48,302 bales and weekly volume totals 143,000 bales as prices end largely steady to slightly down.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Liverpool Cotton Prices and Spot Demand Dip
Liverpool market reports 35 000 bales with 10 900 American as demand slips. Quotations show American grades at 4 point lower with various mid and low middling levels and futures steady. official noon closing for December 1933 noted.
MENTIONED IN THIS ARTICLE
Liverpool
New York eggs price report and standards
New York stock mixed colors and special packs from fresh receipts show 27-28 percent for selections and 26 percent for standards and commercial standards. Firsts around 20 percent, mediums 39 pounds, dirtied No 1 42 pounds. White eggs Pacific coast standards 24 14 to 25 14. Refrigerators Pacific coast large 18 14, midwestern standards 17 19 44, other whites unchanged. Browns and private site packs vary 28 45 to 29. Western standards 26-27, refrigerator fancy 19-19.
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
New York Butter and Cheese Prices and Grading Report
New York market bulletin notes butter totals of 6 478 unsettled with creamery firsts mostly 87 91 scores and 6 1914 seconds 15 4 1614. centralized 4g score 18. other grades unchanged. Cheese totals 51 714 with steamer and unvaaged categories unchanged.
MENTIONED IN THIS ARTICLE
New York
Turpentine and Rosin Market Report from Savannah
Savanna h Turpentine and Rosin report shows firm sales and receipts with detailed percentages and shipments. Prices quoted include grades B through K and WG WW X at specific dollar figures for mixed products.
MENTIONED IN THIS ARTICLE
Savannah
New York Poultry Prices Steady in Dressed and Live Markets
New York reports dressed poultry steady and unchanged with live poultry firm. Chickens priced at freight 12-16 and express 15-17, broilers 12-24, fowls 14-17, roosters 10, turkeys 21-27, ducks 13-14. Express quotes largely unquoted for several items.
MENTIONED IN THIS ARTICLE
Chicago
Rock Springs
NEW York Poultry
New York
Sugar market steady with prices unchanged
New York sugar markets opened steady on December 29 with no bids below 3.20 for raw sugar and futures activity dull. Refined sugar held at 4.30, indicating a quiet trading day for the commodity in New York.
MENTIONED IN THIS ARTICLE
New York
Chicago Livestock Prices and Market Summary
Chicago markets show hogs 30 000 head with fair activity and higher top prices 3.40 for 180 to 220 pound hogs. Cattle dull with no top quality steer or yearling offerings and cows mostly 2.50 or lower, bulls steady to 4.25, store stockers and feeders 2.50 to 5.00 on typical weights.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
New York Call Money and Commodity Market Brief
New York call money steadied at 1 percent all day. Time loans varied with 60 to 90 day terms marginally higher. New Orleans cotton seed oil closed steady with prime summer yellow at 4.00 to 4.15 and other futures quoted. New York raw hides futures ended easterly lower with March at 10.20 and June around 10.70 to 10.80 bid.
MENTIONED IN THIS ARTICLE
New York
Call Money
New Orleans
Hog and bond prices from Moultrie and New York markets
In Moultrie Georgia hog market reports heavy hogs over 240 pounds at 2.50 and various liveweight classes from 160 to 140 pounds priced 2.78 2.50 2.25. New York bond closes include Liberty 8s 100.16 Liberty 44s 101.13 Treasury 4s 106.20 Treasury 3s 101.18 and other issues with nearby prices.
MENTIONED IN THIS ARTICLE
Moultrie
U. S
New York
Liberty
Treasury
Long Won’t Take Part in Fight Over Mrs Kemp Election
Senator Huey P. Long said he would not involve himself in the contest over seating Mrs Bolivar E Kemp as representative from Louisiana sixth district. He endorsed administration measures in Congress and noted Kemp was legally elected, while criticizing Sanders forces for trying to gain national visibility.
MENTIONED IN THIS ARTICLE
Washington
Huey P. Long
Bolivar E. Kemp
Louisiana
Congress
Bodies of Major General King Sent to West Point
In Atlanta on December 29 regular army and Georgia national guard troops stood at attention as Major General Edward L. King’s body was moved to a train bound for West Point New York. King died after a heart attack during a drag hunt at Fort McPherson. The funeral cortege included McPherson troops and Georgia guardsmen. Only the general’s widow and Col Walter Peyton accompanied the body north.
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Atlanta
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New York
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Thomas County Churches Unite for New Year Service
Sunday at 10 30 a m Sunday School led by G B Isler with adult and children classes. 11 30 a m worship is a union service with the Methodist church, featuring a special message and music. Baptist pastor to preach, ministers plan a similar joint service at Ochlocknee later. 6 30 p m B Y P U, 7 30 no preaching due to union services. Deacons urged to attend Thomas County Association meeting near Coolidge on Saturday December 30.
MENTIONED IN THIS ARTICLE
G. B. Isler
Methodist Church
Ochlocknee Methodist Church
Thomas County Association
New Church
Coolidge
New Confession of Wiles Probed at Columbia
Investigators in Columbia South Carolina examine a purported new confession by Robert H. Wiles the jobless mechanic to the murder of 15 year old Hubbard H. Harris Jr. Wiles now claims full responsibility for the kidnapping plot and murder and says he considered kidnapping two other children. He remains held in the penitentiary as a precautionary measure after Christmas arrest.
MENTIONED IN THIS ARTICLE
New
Confession OF
Columbia, S. C
Columbia
S. C
Robert H. Wiles
Hubbard H. Harris, Jr
Wiles
New York Coffee Prices Steady In Early Trade
New York coffee markets show steady spot values with Rio No 7 near 3 and Santos No 4 around 4. Santos futures trade firm with notable volume. Rio futures close easy with March 6.47N and December 6.945N, while Santos futures list March 9.02N and December 9.80N.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
Grain prices tied to batch notes in St Louis market
St Louis cash grain report shows No 2 red wheat at 86 nominal, No 2 yellow corn at 47% to 48, oats unavailable. Futures close listed as wheat December 81 4/5 percent nominal, May 135 4/5.
MENTIONED IN THIS ARTICLE
ST. Louis
Anti Hoarding Order Directed at Big Hoarder
Washington reports Acting Secretary Morgenthau announced a new anti hoarding order aimed at large hoarders. The treasury expects to seize several millions in gold and yellow backs, with smaller holders pressured to surrender their gold. The order doubles penalties up to $100, and applies additional penalties for larger holdings. no change to the Reconstruction Finance Corporation gold policy.
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Washington
Morgenthau
Treasury
Federal Reserve Banks
Morgenthaus
Reconstruction Corporation
Treasury Legal
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