Market Rebounds as Debt Plan Boosts Wall Street
New York stocks surged against a backdrop of favorable sentiment toward the war debt proposal. Major gains across sectors included American Tobacco, Radio Corp, Standard of New Jersey, U S Steel, Westinghouse Electric, and others. Bond offerings rose with Commonwealth Edison, and forecasts turned optimistic for foreign lending. New Orleans cotton also firmed amid France’s acceptance of the plan with reservations.
MENTIONED IN THIS ARTICLE
New York
Radio Corp
Federal Radio Commission
Standard of
N. J
U. S. Steel
Westinghouse Electric
Baltimore and Ohio
New York Central
Sears Roebuck
Pennsylvania
Edison
Pennsylvania Railroad
Fire Aboard Navy Dirigible Causes Slight Damage
A fire aboard the Navy dirigible Los Angeles in its Bakehurst hangar caused slight damage to the outer cover. Officials say the fire was likely due to a short circuit from new electrical equipment and the craft should be airworthy by tomorrow.
MENTIONED IN THIS ARTICLE
Washington
Los Angeles
Bakehurst
Naval Bureau of Aeronautics
Economist Gideonse Warns Hoover Plan Needs Cooperation
Dr Harry Gideonse of the University of Chicago says President Hoover s intergovernmental debt moratorium may be patchwork unless followed by a broad policy of international cooperation He discussed reparations at the University of Georgia Institute of Public Affairs and urged decisive steps beyond mere stopgap measures.
MENTIONED IN THIS ARTICLE
Ee Gai
Harry Giaconse
University of Chicago
Hoover
Br. Gideonse
University of Georgia Institute of Public Affairs
Washington Economics
Gideonse
Washinton
United States
Dr. Gideonse
League of Nations
Smith Released After Hall County Sheriff Slaying
Gainesville Georgia June 24 Sheriff Tr L Lawson released Milt Smith 45 from Hall County jail after an investigation into the slaying of Carl Sheriff 35 yesterday afternoon. Sheriff killed at the Smith home and Smith surrendered after the shooting. Sheriff leaves a widow and four children. The men were farmers.
MENTIONED IN THIS ARTICLE
Gainesville
Tr. L. Lawson
Milt Smith
Hall County
Carl Sheriff
Smith
Church Position Reported by New Vi Herald
The New Vi Herald reports Tribune says Milliken executive secretary Pen Motion Picture Producers and a Aner Inc has re- the incomplete item.
MENTIONED IN THIS ARTICLE
New York
New Vi Herald
Tribune
Milliken
Pen Motion: Picture, Producers
Aner Inc
New York Cotton Advances to High Ground in Afternoon Trade
In New York on June 24, cotton prices rose after an early decline as stock market firmness spurred trade buying and covering by shorts. October futures reached 10.16 with steady close near 10.65 to 10.83 as July to May contracts showed varied highs and lows and middling spot held at 9.80.
MENTIONED IN THIS ARTICLE
New Orleans
France
New York
Ooo
Moyltria Moultrie Hog Market and Liverpool Cotton Update
The Moultrie hog market reports No 1 packers at 6.55 No 2 at 6.05 No 1 pigs 5.55 No 2 pigs 5.55 roughs 5.05. Liverpool cotton in fair demand with prices down five points. American grades listed from strict good middling 5.92 to good ordinary 4.22. Sales 6,000 bales. receipts 7,000 with 3,400 Americans. Futures steady with quotes for July, Oct, Dec, Jan, March, May, and July listed.
MENTIONED IN THIS ARTICLE
Liverpool
New York Money and New Orleans Cotton Update
New York call money held steady at 1 percent with time loans tight across 60 to 90 day maturities. Prime commercial paper priced at 2 to 2 percent while bankers acceptances remained unchanged. In New Orleans spot cotton closed steady with gains of 15 points as sales reached 176 and middling grades around 9.68 to 10.18 with 1,246 receipts and stock 650.
MENTIONED IN THIS ARTICLE
New York
Call Money
New Orleans
Market quotes for wheat corn and oats in St Louis
On June 24 in St Louis cash grain markets list wheat No 1 red at 75 cents per bushel corn No 2 yellow at 60 oats No 2 white at 29. Closing futures show wheat July 5544 and Sept 56 percent, corn July 5814 and Sept 56 percent.
MENTIONED IN THIS ARTICLE
Chicago Grain and Provisions
Chicago
ST. Louis
Georgia cantaloupes lead season move from town
Atlanta June 24 The first car of Georgia cantaloupes of the season moved yesterday with good quality pink meats selling 0 to 75 cents on the Atlanta market. Watermelons moved in volume with 297 cars shipped. peaches saw light demand with 110 cars shipped to eastern markets. Will Hays is president. a reporter will arrive in Moultrie Saturday as the report is issued.
MENTIONED IN THIS ARTICLE
Atlanta
Georgia
Bureau of Agricultural Economics
United States Department of Agriculture
Moultrie
Cotton seed futures and oils steady to firm across markets
Cotton seed futures closed firm with June to Jan bids ranging 21.95 to 23.25 and 1500 tons sold. New York oil grades quoted prime summer yellow at 7.00 and crude around 6.25 to 6.62 with July 7.27 and October 7.10. New Orleans quotes steady with prime crude around 6.25 to 8.62 and monthly values from 6.80 to 6.90.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Memphis
Tenn
Also Mentioned on This Page
Wall Street Markets
Claude A. Jagger
Associated Press Financial
Bliss
Louisiana
Mississippi
Oklahoma
Arkansas
Texas
Alabama
North Carolina Barrel Irish
Atchison
Chrysler
Col Gas & el
Dupont
Erie
Freeport
Ginette
Glidden Co
Goodrich T & 14
Graham Paige
Houston Oil
Hudson
Vester
Nick
Mack Truck
McKeesport
Kan & Tex
Missouri
Montgomery
Penn
Tex
Wentnehouse Elec
OTH
Illus
Overland
Wean
Woolworth Yellow Truck Arse
Thomasville Ice & Mfg.co
Smith IS Released
Moultrie Hug Market
Will H. Hays
Northern Baptist Convention
Els
Georgettes
Savannah
Chicago Livestock
Carlota
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