Markets Slip as Flood Fears Aid Cotton Rally
New York cotton opened steady gaining 10 to 22 points on reports of renewed Mississippi Valley flooding and strong Liverpool showings. Prices moved Oct to 16.68 and Jan to 16.85 before easing, with overall gains of 17 to 22 points mid session and closes barely steady. New York stock market opened mixed with rails leading gains as several issues hit new highs and Chrysler and General Motors reached record levels.
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New York
Missingippi
Liverpool
Arkansas
London
Livernan
Texas Rain News
Mississippi Valley
Stock Market
Chicago
Uniols Ptc
Delaware and
Hudson
Norfolk
Rock Island
Gabriel Snubber
American Water Works
Brooklyn Eidisct
Western Union
International Telephone
Commonwealth Power
Cuba
Cane Bugke Ptd
Real Stk
National Distillers Commeryi
Pfd
Nation
Tex
Bspe
New
York
Stock. Exchange
Chem & Dye
Avace
Car & Fay
Locomotive Am
Sm & Ref
Sugar
Tel & Tel
Tobacco
Wat
Wks & el Am
Amconda Cop Atchison
Ail Coast Line
Baldwin Loco
Balt. & Chio
Barnsdall “A
Bethlehem Stl
California
Canadian Pac
Cerro de Pasco
Chesapeake & Chio
Chic
St. P. Pfd
N. Western
R. I &Chile Copper Chrysler Corp
Coca Cola
Colorado Fuel
Col. Gas & el
Consolidated Gas ‘Int. Nickel
Inter Tol & Tol
Kan
City Southern Kennecott
Lehigh Valley
Louisville & Nash Mack Truck
Marland Oil
Mid-Continent Pet Mo
Kan & Tex
Misouri Pac
Crucible Steel
Dodge Bros ‘A” du Pont de Nem ‘Erle Railroad
Famous Players
i\Preeport
Texas
General Asphalt
Gen
Blec
General Motors
Iron
Northern Pfd
Hudson Motors
Tlinois
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Int
Harvester
Montgomery
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N. H
Htfa
Norfolk & Western
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Reading
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Serermepevesesee Tease Eee Eeenane
Southern Pacific Southern Ry Oo
Les
N. J
Standard OU
N. Y
Studebaker
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Cceceecce Tex
Gulf Sulphur
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OU. S. Rubber
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Maryland
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Sceeceeereee
Woolworth
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Yelow Tk & Coach
Liggett & Myers
Vick’s Chemical
Court rules Baldwin not infringing Luellen patents
The United States Circuit Court of Appeals held Baldwin Locomotive Works did not infringe Luellen Railway Artillery Inc. patents for transporting heavy artillery to battle fronts in World War I. The ruling affirms Judge Thompson of the Easton Federal District Court.
MENTIONED IN THIS ARTICLE
Philadelphia
United States Circuit Court of Appeals
Baldwin Locomotive Works
Luellen Railway Artillery, Inc
Thompson
Federal District Court of Easton
Penn
Chicago Butter and Eggs Prices Steady
Chicago June 7 butter and eggs markets show butter unchanged and eggs prices holding steady with no change in quotation levels.
MENTIONED IN THIS ARTICLE
Chicago
Cottonseed Oil Close Steady in New Orleans Market
New Orleans reports cottonseed oil closing steady with quotes for prime yellow at 8.05 prime crude 8.00 Jan 9.24 and summer months from 8.75 to 9.10 across June to December. Chicago cash grain lists W heat at 1.44 to 1.48% with No 3 and No 2 categories, corn at 0.97 to 1.00, oats around 0.50 to 0.61, and other grains priced as shown.
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New Orleans
Chicago
Texas
Alabama
Bliss
Louisiana
Oklahoma
Bliss Eee
North Carolina
Wisconsin
Minnesota
New York
New York Sugar Prices Slide in Early Trade
Raw sugar eased in New York with spot prices down 1 16 to 4.71 per 100 pounds duty paid for Cuban sugar. Refined prices held steady with no change. Fine granulated sugar quoted between 6.10 and 6.20 per 100 pounds.
MENTIONED IN THIS ARTICLE
New York
New Orleans Cotton Prices Rise on Arkansas Floods and Texas Rain
The New Orleans cotton market rose today as Arkansas flood overruns and Texas rainfall shortages boosted futures. Oct climbed to 16.57, Dec to 16.75, with early gains erasing later. prices steadied by mid session and closed with modest advances. Exports 28,668 bales.
MENTIONED IN THIS ARTICLE
New Orleans
Arkansas
Texas
Spot Cotton Movements From New Orleans and Liverpool
New Orleans spot cotton closes quietly up seven points with sales of 49 and various grade values. Liverpool spot cotton eases with American grades dominating trades of 6,000 bales, receipts 14,000 bales as futures edge barely steady with July to May contracts listed.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Moultrie Hog Market Steady as Packers Lead Prices
Moultrie market reports show No 1 and No 2 packer hogs holding firm amid steady to higher tone in trading. Chicago grain notes a firm wheat start on June 7 with corn and oats weaker, influenced by Liverpool demand and drought signals in Argentina.
MENTIONED IN THIS ARTICLE
Chicago Grain & Provisions
Chicago
Chicago Board of Trade
Liverpool
Argentina
Savannah Naval Stores Turpentine and Rosin Report
Savannnah Naval Stores at Savannah Georgia reports for June 7 turpentine firm 6&4 with sales 4.1 receipts 1,933 shipments 9 stock 45,217 and rosin firm with sales 262 receipts 6,486 shipments 720 stock 60,862. Quote B D B F-8.55 G H I K M N-8.65 WG-9.85 Ww X-
MENTIONED IN THIS ARTICLE
Savannah Naval Stores
Savannah
Turpentine
Rosin
South Fast Becoming Nations Art Center
Atlanta artists report that George Wharton Edwards declares the traditional east art center has lost its primacy to the south. Edwards, a Connecticut painter and former New Yorker, is cited as saying the south now leads in American art.
MENTIONED IN THIS ARTICLE
South
Atlanta
George Wharton Edwards
Mr. Edwards
Connectient
Europe
Art Center of
America
Southern art center rising amid industrial boom
The article notes a shift in taste as the south becomes a hub for American pictures. Mr Edwards praises Southern/art patrons for strong instinct in buying paintings and sculpture, predicting a bright future as the region enters a new industrial era and supports artistic youth.
MENTIONED IN THIS ARTICLE
Edwards
South
American Legation at Peking Faces Policy Dilemma
The Peking dispatch reports the American state department has left decisions to military authorities but forbids firing on nationalists. It notes diplomats seek a stronger policy to avoid a prestige loss if the United States withdraws from Peking.
MENTIONED IN THIS ARTICLE
Peking
State Department
Legation
United States
Uncertain Defense of Peking Legation Quarters
A report discusses the risk to the Peking legation defense if needed. Peiping sources doubt a full defense, but a dispatch notes British support and Japanese intent to stay. Leaders weigh whether southerners or nationalists reach the city and the stay of Tientsin forces.
MENTIONED IN THIS ARTICLE
Legation
Peking
Daily Mail
Tientain
Tienesin
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