Wall Street Markets Suffer After Rail Profit Doubts
New York June 17 The Interstate Commerce Commission rail rate petition and weak earnings dampen stocks. Union Pacific, Atchison, New York Central, Baltimore and Ohio, Norfolk and Western slide as rail shares retreat. Steel and auto shutdowns loom mid summer while hopes for ultimate relief persist. Cotton and other commodities show mixed moves in early dealings.
MENTIONED IN THIS ARTICLE
New York
Interstate Commerce Commission
Wall Street
Union Pacific
Atchison
New York Central
Baltimore and Ohio
Norfolk and Western
Electric Autolite
Eastman and
Macy
Commission
Kansas City Southern
St. Louis Southwestern
Mix-T
Reichsbank
Berlin
Market Notes on Cotton Prices and Receipts
The report shows various cotton grade bids with values from strict to good ordinary and middling, alongside sales of about 5,000 bales and total receipts around 4,000 with some figures misread. Futures closed quiet and steady with July at 4.70 and other months rising to 5.20 by July.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
Lane Feo Nore
Odyarpook
Cotten
Go Amand
Oreen
Cotton futures in New Orleans and New York steady with small losses
Trading in cotton was active yet prices proved erratic. July through December futures in New Orleans eased after early gains, then recovered modestly on trade buying and price fixing, closing with small declines. New York opened higher but soon eased as shorts and traders pulled back.
MENTIONED IN THIS ARTICLE
New York
Liverpool
New Orleans
Chad
Shorts
New York Sugar Market Steady. Cuban Sale Reported
Raw sugar held firm in New York with a steady undertone and buying interest at 3.30. No bids below 38.35. only sale 20,000 bags of Cuban late yesterday for percent shipment to a local refiner. Refined prices unchanged at 4.45 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Market Summary of Hog and Cattle Prices in Chicago
Chicago markets report hogs 14 000 active demand 15 25 higher with 6.75 7.00 for 140 160 lbs and 7.00 7.25 for 160 200 and 200 250 lbs while 100 130 lb slaughter pigs bring 6.75 7.00. Cattle count 9 000 active steady to strong with vealers and bulls mixed rates. early top yearlings at 8.90 and medium weights at 8.50. slaughter cattle by weight 600 900 lbs 7.75 9.00, 900 1100 lbs 7.50 9.00, 1100 1300 lbs 7.25 8.75, 1300 1500 lbs 7.00 8.50, cows 4.50 6.25. stocker steers 500 1050 lbs 6.00 7.50.
MENTIONED IN THIS ARTICLE
Chicago
Michigan Man Sued for 48500 in Macon Damages
Farrell J. Crowley of Marine City Michigan faced $48 500 in damage claims after a Monday accident in Macon Georgia three local women filed suits through Miss Susie Griffith executive secretary of Macon’s organized service seeking 20000 damages for a fractured skull lacerations and knee injuries Miss Cochran sought 25000 for scalp and knee injuries Kathleen Maddux claimed 3500 for a broken leg and James Barber 8 suffered minor injuries Crowley and his wife were uninjured and the couple were en route home from Miami authorities cited wet pavement and a collision with Miss Griffith’s car. claims moved from municipal to superior court.
MENTIONED IN THIS ARTICLE
Macon
Farrell J. Crowley
Marine City Mich
Bible Superior Court
Susie Griffith
Organized Service
Helen Cochran
Kathleen Maddux
James Barber
Miss Griffith
Crowley
Miami
Griffith
Municipal
Superior Court
Farm youths visit national capital for fifth 4 H camp
Washington June 17 The pick of the nation's farm youth, 156 boys and girls and their leaders, will participate in the fifth national 4 H camp near the Washington Monument. Campers were chosen for excellence in raising pigs, growing corn, making clothing, planning meals, and other farm and home projects with educations, round tables, and sight seeing planned.
MENTIONED IN THIS ARTICLE
Washington
Washington Monument
Chicago Potatoes Trading Fair Prices Report
Chicago June 17 report lists potato prices by grade and origin. Alabama Louisiana Mississippi brighten demand with mixed grades while North Carolina Irish cobblers show strong values around 2.40 to 2.50 per barrel.
MENTIONED IN THIS ARTICLE
Chicago
U. 8
Alabama
Louisiana
North Carolina
Chicago Poultry Market Report Summary
Poultry prices in Chicago on June 17 show mixed moves with hens steady and other categories fluctuating. Fowls range 19 to 20 pounds, broilers 23 to 25, turkeys 18 to 20, spring ducks 14 to 16, old ducks 11 to 12, spring geese around 7 to 8 percent decline with overall activity mixed.
MENTIONED IN THIS ARTICLE
Chicago
Turpentine Firm Totals Reported In Savannah Market
Savannah June 17 a turpentine firm reports sales 61 52 receipts 860 shipments 621 stock 33 015 resin firm sales 621 receipts 3 169 shipments 1 935 stock 206 quotes include B 853 AD 420 35 and various grade ranges for F G HE I K M N WG Wav and others in a compact market summary.
MENTIONED IN THIS ARTICLE
Savannah
New York Cottonseed Oil Market Report
New York prices for cotton seed oil show a dull close with summer rates at 6.75 for prime, 6.12 to 6.60 for prime crude. July at 6.92, September around 6.55, December 6.25. Sales 5 contracts.
MENTIONED IN THIS ARTICLE
New York
yeHow
Doctor Attempts Self Tonsil Removal Recalled
Norfolk report notes Dr. Charles T. Marcham of Petersburg sought to remove his own tonsils in Philadelphia. The incident recalls a successful similar operation performed by another doctor, highlighting dangers of self surgery and medical improvisation.
MENTIONED IN THIS ARTICLE
Norfolk
Charles T. Marcham
Petersburg
Philadelphia
Harry G. Bailey
Angelica
St. Vincent’s Hospital
Bailey
North Carolina
Marcham
Man who criticised mayor Walker ousted from club panel
Alan Fox, former chairman of the National Republican Club city affairs committee, was dropped from the panel as new lists were published. Major General James G. Harbord named Kenneth M. Speare to head the city affairs committee after Fox’s report, and Fox received no committee assignment. The club then voted to expunge references to the mayor from Fox’s report.
MENTIONED IN THIS ARTICLE
New York
Alan Fox
National Republican Club
Walker
James G. Harbord
Fox
Kenneth M. Speare
Clarence Saunders Enters Bankruptcy for Second Time
Clarence Saunders founder of the chain store system surrendered a fortune to creditors in a Memphis bankruptcy filing listing liabilities of 412700.15 and assets of 287.48 He vows to rebuild his fortunes in a new venture from scratch blaming the ruin of his store companies by moneyed interests.
MENTIONED IN THIS ARTICLE
Memphis, Tenn
Clarence Saunders
Chain Store Systems
Easier Divorce Laws Favored by Georgia Representative
Ellijay Georgia June 17 Watkins Edwards state representative of Gilmer County said he would favor easier divorce laws in Georgia. He supports filing for divorce after three months residency instead of twelve and believes a single jury verdict should suffice rather than two verdicts at different terms.
Pickets Established at Fifteen Coal Mines in Belmont County
Pickets formed at 15 coal mines in Belmont County Ohio as deputies tried to patrol the sites. Investigations followed last night's telephone wire cuts in Powhattan district. One of 12 arrested faced a possible charge of attempting to blow up a ventilating shaft.
MENTIONED IN THIS ARTICLE
St. Clairsville
Ohio
Belmont County
Powhattan
Howard Duff
Liquidation of Bremen Bank Upheld by Judge
Judge John D. Humphries in Fulton county upheld the liquidation of the Bank of Bremen and dissolved a temporary injunction against J. J. Mangham and A. B. Mobley. He denied ordering Mobley to surrender assets and sustained a demurrer showing principal and interest are being repaid to depositors and stockholders.
MENTIONED IN THIS ARTICLE
Atlanta
John D. Humphries
Fulton Supply
Bank of Bremen
J. J. Mangham
A. B. Mobley
W. H. Williamson
Humphries
Mobley
Councilman White Seeks Tight Prohibition Enforcement in Atlanta
Councilman John A. White pressed a resolution to censure Mayor James A. Key for criticizing prohibition in France. The council tabled the censure motion but passed a measure directing the police to enforce prohibition laws. After meeting with H. P. Wright the federal deputy prohibition administrator, White received a letter pledging full federal cooperation in enforcement.
MENTIONED IN THIS ARTICLE
Atlanta
John A. White
James A. Key
France
H. P. Wright
Councilman White
Fire destroys block in Loganville including Cash Hardware Store
A major blaze in Loganville Georgia destroyed the Cash Hardware Store and spread to the adjoining garage to a furniture and hardware shop. Firefighters aided by Atlanta units faced water shortages and a bucket brigades formed by locals as several buildings including the highway department warehouse and Mercantile Warehouse burned.
MENTIONED IN THIS ARTICLE
Loganville
Cash Hardware
Atlanta
Robert Moore
T. W. Henderson
W. T. Brooks
Highway Department
Mercantile Warehouse
Lucy Cobb Institute To Close For Three Years
Athens Georgia June 174P Trustees of the University of Georgia accepted a lease offer that will close Lucy Cobb Institute for at least three years. The dormitory will house the university’s incoming freshmen girls next September. The lease covers all school structures though specific plans for the remaining buildings were not announced.
MENTIONED IN THIS ARTICLE
Athens
Lucy Cobb Institute
University of Georgia Today
University
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Beth Steel Can Pac
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Yaar
Botga
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Call Money
ST. Louis Gash Grain
St. Louis
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Moultrie Hog Market
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