Stock Market Dims as Atchison Dividend Looms
News from New York on March 31 shows broad market pessimism. Atchison directors face a possible dividend cut, with shares already discounted. copper prices stay high and Paris sterling weakness hints at gold exports. Erie Railroad facing a liquidity crunch looms, while coal stock reductions may ease supply pressures.
MENTIONED IN THIS ARTICLE
Atchison
Pennsylvania Railroad
Washington Post
New York
Morrow
Poser
Calumet and Arizona Mining Company
Chicago Union Traction Company
Sterling Exchange
Ierundon
Paris
Wall Streets
Local financial snapshot shows modest stock activity grants
LOGAL FINANCIAL notes slight stock exchange movement with bids and offers retreating, gas stock at 63, banks quiet though some inquiries for Commercial National and National Savings. Dividends payable today include Columbia Railway and Mergenthaler Linotype, while Aldrich fund provisions allow extra national bank issuance. Col Henry F Blount returns from California trip to American Security and Trust.
MENTIONED IN THIS ARTICLE
National Savings and Trust
Columbia Railway
Anacostia and Potomac
Mergenthaler Linotype
Capital ‘Traction
Norfolk and Washington Steamboat
National Metropolitan Bank
Farmers and Mechanics’ National Bank
District of Columbia
Col
Henry F. Blount
American Security and Trust Company
California
Adams Express
Baransas City Southern
Amalgamated Upper
Laurae
Nashville
Capital Traction Fis
Car and Foundry
Mexican Centra
Minneapolis and St. Louis
Washington Railway and Electric
State
Cotton Oi Pte
M. St. P. & Sault
St P
Ste. M
Capital Traction
Amerman Exprex
Missouri Pacific
Washington Railway
Kansas and
Texas
Mistouri
Kans
Tex
Bag Mitchell Mining
Otpra National R. A
Potomac Fire Insurance
New York Central
N. Y
Ontario and
West
Norfolk and Western
Hefny
Pfa
Ington Railway and Electric
Luger Re
Tobacco Pfil
Anaconta Mining
STM
Attyaind Northern Pacific
Washington Railway and Electric Preferred
Atchison
Pennsylvania
Brag Day's Stock Exchange
Dallimore
Ohio
Pitteburg
Baltimore
Washington Gas Co
Brooklyn Rapid Transtabe
Pullman Palace
Cer Ind. Ca
Canadian Pacific
Central of New Jersey
Snc
Central i
Anacostia and Potomar Fs
City and Suburban
Chesapeake and Chia
Republic Steel I
Columbia Railroad
Chicago Great Western Ai
Republic Steel
Northwestern
Rork Island Co
Chicago
Rock Island Co
Prt
Metropolitan Railroad
Mil and St. Paul
Ates
Washington
Trans
San F. Ad
West Louis
St. Louis
Louis Southwestern
Potamae
Q Steel
Folk End
Washington Steantert
Colorado Fuel
Southern Pacific
I - Chesapeake and Potomac
Colorado and
Southern
Washington Market Co
Nto
Southern Railway
EBM
Tevas and Pacific
Dex
Washington Town
Uwlectric
Toledo
St Louisan West
Eddlgeters
Wag
Pelaware and Hudson
Sr L
Norfolk and Washington Breamboat
Pelaware, Lark and West
Union Pact Hess
Denver and
Rio Grande
Union Pacific
Bell Telephone of
Denver
Rio Oade
United States Express
Acy Distillers’ Securitie
United States Realty Aa
Tied States
Ay Ay
Sy Erie
Lanston
United States
Tay Greene-Cananea
United Takes
Steel
Ecourle
Utah Ray
Mitchell Mining
Great Northern
2A Ag
Columbia
Wells-Fargo Expres
Westinghouse Electric
Farmera
Met
Western Union
Big Lin Ain
Wheeling
Lake Erie
Iowa
Wisconsin
Kansas
Aia
Wisconsin Central
York Stock Exchange
Chicago Board of Trade
National Savings and Trust Heack Exchange
Luton Trust Coal
Grater Trust Co
Home Savings Bank
Inion Savings Bank
Arlington
National
People's
Columpia
Graphophone
Security Storage Co
General Decline in Prices Across Brisk Stocks and Railroads
The market shows a broad fall in all Brisk stocks and related rail shares with Erie stock sliding from 13 to 13 and first preferred from 33 to 24. Erie second preferred drops from 22 to 17, and other notes decline as well. Pennsylvania Railroad reports a large monthly earnings drop, highlighting rising operating costs and tightening profit margins across major rail systems.
MENTIONED IN THIS ARTICLE
Kent
Marina
Tremer
Eria
Erie
Eristount
TISES
Pennsylvania
Pittsboro
New York Money Market and Commodity Letters Amid Market Moves
Report covers money on call in New York with rates and balances, corn, oats, and livestock quotations in Chicago and Baltimore markets, include cattle hogs and lambs, plus wholesale prices for butter, cheese, poultry, meats, and farm produce with regional variations and daily receipts.
Traders fix on Erie woes and coal strike rumors
The day’s trading focused on the Erie Railroad amid fears of coal region disruptions and financing hurdles. Brokers noted the stock’s weakness amid broader market declines while some said the Erie’s potential remains strong with rail traffic and suburban business, though fuel access could limit gains.
MENTIONED IN THIS ARTICLE
Colorado
Boston
New York Cotton Market Quiet but Steady in Early March
The New York cotton market closed steady with a net advance of 6 to 9 points after a quiet day. Estimated 175,000 bales sold. July firmer than May amid hedging fears, while Southern spot markets held or rose slightly. Earlier, Liverpool cables were mixed on Manchester conditions. Washington cattle prices listed for various classes, with pigs, sheep, lambs, calves, and cows priced per cwt or per head.
MENTIONED IN THIS ARTICLE
New York
Chicago
Marsi
Kansas
Minneapolis
Quinth
May
Shorts
Ati
tNew
Mar
Liverpool
Manchester
Washington Cattle Market
Duluth
Jurisdiction Over 2 Cent Fare Case Upheld
Judge Smith McPherson in Kansas City rules federal court has full jurisdiction over Missouri's 2 cent passenger fare and minimum freight rate cases. Railroads won, Hadley loses on the question of whether the rates are remunerative. decision affects enforcement of prior laws and future steps remain unclear.
MENTIONED IN THIS ARTICLE
Hadley
United States
McPherson
Kansas City
Mar
Smith McPherson
Missouri
Frank Hagerman
Railoads
Waiters Open Fine Club In New York City
A big new American flag marked the opening of the International Geneva Association waiters club at 143 West Forty-fourth Street New York. The four story brownstone hosts a cafe restaurant and billiard rooms in the basement with public access and profits aiding the association sick benefit fund. Main floor houses offices library music room and the well lit assembly room. Supper was served to hotel and restaurant proprietors in the evening.
MENTIONED IN THIS ARTICLE
Washington
Gta
New York
West Forty-fourth Street
International Geneva Association
Waiters’ Club of
Club Row
Fifth Avenue
Broadway
Harvard
Yale
Alpha Delta Phi
City
The
Lambs
Association
North German Lloyd Offers Deluxe Northland Excursion Cruise
North German Lloyd launches a Northland Iceland Spitzbergen and Norway cruise aboard the Grosser Kurfuerst after selecting the ship for comfort and speed. The voyage departs Bremen on June 27 and returns July 25, with frequent shore stops and luxurious single and suite staterooms.
MENTIONED IN THIS ARTICLE
Lloyd
Northland
Irceland
Spitzbergen
Norway
New York
Plymouth
Bourg
Bremen
Falia
Court Will Hear Jackson In Grand Jury Case
The court refused to transmit grand jury evidence on State Attorney General Wil liam Jackson until he can be heard in opposition. Judge Foster denied delaying action and expunging the record. Nathan Vidaver faces two indictments for allegedly extorting money from William R. Montgomery, former Hamilton Bank president, with cash bail set at $5,000.
MENTIONED IN THIS ARTICLE
New York
Mar. &L
Willam
Jackson
Hamilton Bank
Nathan Vidaver
William R. Montgomery
Vidaver
Gillette Brain Declared Normal at Grace Brown Slayer Burial
Philadelphia report states Chester Gillette's brain deemed thoroughly normal by Dr. E A Spitzk of Jefferson Medical College. Burial in Sole Cemetery Auburn New York follows a private service with Gillette family hymns sung by mourners observed from afar.
MENTIONED IN THIS ARTICLE
Philadelphia
Chester E. Gillette
E. A. Spitzk
Jefferson Medical College
Grace Brown
Fig Moose Lake
Gillette
Chester Gillette
Auburn
WN. Y
Sole
Henry Mcllravy
Toy
Cleaning House in Ohio
Governor Harris urged the Ohio assembly to authorize an immediate and impartial state wide inquiry into every office department and institution. He proposed suspending rules to pass a bill creating a commission of respected figures from both parties to oversee the investigation.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Harris
Ohio Assembly
Senate
Three Children Die In Fire In Wilkes-Barre Pa
Special in The Washington Post reports Joseph Mary and John Jematis of Hughestown near Wilkes Barre burned to death when their home was locked by their mother who had gone shopping. Neighbors efforts to enter failed as fire spread quickly. The mother fainted upon return. the father had died weeks earlier of hycropho re.
MENTIONED IN THIS ARTICLE
Washington
Ria
Washington Post
Wilkesbarra
Joseph
Mary
John Jematis
Hughestown
Morse Solvent Case: Judge Allows Patent Amended Petition
Judge Holt sustains the demurrer to the bankruptcy petition against Charles W. Morse but grants ten days for amendment. Morse argues the petitioning creditors Hanna Pringle and Shotwell have no provable claims and that he did not induce them to buy or sell National Bank of North America stock.
MENTIONED IN THIS ARTICLE
Messrs. Pringle
Shotwell
National Bank of North America
Also Mentioned on This Page
Logal Financial
Peéra
Bank and Trust Company
American National
National City
Commercial National
Washington Stock Exchange
United States Treasury
Curb Market
AHL Chacera
American Steel
Boston Copper
Ita
Butte Coalition
uUmberland E
Goldfield
Gne-Cananea
Mueil Mining
Nevada
Nevada-Utah
Nipiasiog Mines
Washington Railway and Electic
Beaton and
Albany
Fitchburg
New Haven
Hartford
Tews
Wal Dominion Iron and Steel
Win
Edison Electricium
General Electric
Massachusetts Electric Low
Ss. New
Massachusetts Gas
United
United Shoe Machine
Atlantic
Bingham
Utah
Oil City
Lima
Indiana
Eacy
Prime Mercantile
Post
Virginia
West Virginia
Southwest Virginia
North Carolina
Epinach
Baldwin
Florida
Loury—Ensster
South America
Rio No
Santos No
Cordova
Chicago Grain
New Yar Mar
Athan
Guy Ma
Baltimore Shin
Ely Rapid Transit
National Bank Hiotes
Georgia
Central of Georgia
Treasury
Chicago and Alton
Burlington and Quincy
Tactic Railroad
BRT and Pacific Railroad
Col. Ca
G Co
Louis General
Toardo
National Book Notes
Colorado Midland
Suns
Cuba
Erte General
Sin Phlippine Treasury
Hocking Walter
Japan
TTL
Louisville
Manhattan
Consol
New York Central General
New Jersey Central General
Northern Pacific
Gregon
Iron Mountain Congo
San Francisco
Kan
Seaboard Air Line
Bay
Texas and Pacific
Louis and Western
Union Paelae
United States Steel
Western Maryland
Wheeling and
Mdig
Galveson
Savannah
Wilmington
Norfolk
Augusta
Memphis
Great- Britain
Continent
Great Britain
France
Mexico
Erle
Pennsylvania Lines
Lackawanna
Eric
Ie Roerttg Samy
Cat
Erie Railroad
Sprader
Wall Street
Nited States Steel
Fine Club
Metal Market
London
Cleveland
Els
Els 31%d. the Local Market Was Unchanged, With No. 1 Foundry Northern
Southern Salt
NEW York Grain
E! Reno
Okla
Jesse Morrison
Jimmy
Morrigan
Sheridan
Miles
Orange County
COURT
Grand ‘Jury
Family
Cleaning House
Gov. Harris
Mother
Blaze
Charles W. Morse
Europe
International Banking Corporation
G St
Uptown
Conn. Ave
Downtown
Center Market
D.C. Real Estate
Heiskell & McLeran
Hestreet
Fenancial
Citizens’ Equitable Building Association of
Georgetown, D. C
M St
Thos. Brown
Edgar Frisby
Chas. P. Williams
H.C. Kelbinschmidt
U. S. Treasury
7Th and
Mass. Ave
N. W
H Sts
7Th Sts. W
Hensey Co
F Street
Napoleon
Frank Napoleon
Arthur Cowsill
Jn Colorada
U. S. Marine
Marracke
Riggs
Jssues
Pa. Ave
S. H. Clarke
Member
Consolidated Stock Exchange of New York
Ouray
A. G. Jenkins
Fairfax St
Alexandria
Alex
Ralph W. Lee
G Street
Hyattsville Building Association
Hyatteville
Waters
Walter A. Brown
Maryland Real Estate Title Co
Commercial Bank