Union Pacific plans 100 million stock issue amid Wall Street surge
The Union Pacific Railway directors called a special stockholders meeting to authorize an additional 100 million dollars of preferred stock. Markets showed strong activity while speculation tied the move to potential acquisitions of Atchison, Wabash Central, and related rail interests. Analysts warned dilution risks and noted the funds likely finance a strategic expansion rather than property improvements.
MENTIONED IN THIS ARTICLE
Union Pacific
Wall Street
Washington Post
New York
Union Pacific Railway Company
Northern Securities Company
Amercan
United States
Atlante Coast Line
Louisville and
Ashvilly Sand
Union Fulth
Missour
Kentucky
Ohi
Wall Street Gossips on Union Pacific Bond Moves
New York April 5 Wall Street buzz centers on Union Pacific as big bond houses reportedly purchase control via insider financed moves. Canadian Pacific tops gains while steel stocks show strength. Lead and Smelters merger talk boosts prices. Market sees new speculation in steel shares and a possible future Alabama Steel tie in with the Steel Corporation.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Union Pacific
Harriman
Washington Stock Exchange close report yields varied quotes
The Washington Stock Exchange yesterday showed mixed bids across bonds and equities. Strong activity in Washington Railway and Electric issues contrasted with varied prices for Potomac Electric Light and Lanston Monotype, while district bonds and national bank stocks reflected diverse closing quotations.
LIVE STOCK MARKETS AND SOUTHERN PACIFIC DIRECTORS
Live stock markets report from New York and Chicago with receipts, prices, and movements for cattle hogs and sheep. Southern Pacific Railroad shareholders re-elected the old board at Beechmont Louisville after an annual meeting with 1,937,000 shares voting.
MENTIONED IN THIS ARTICLE
Southern Pacific
Louisville
Southern Pacific Railroad
Washington Railway stocks lead exchange session
The Washington Railway Company stock features a continued advance in both common and preferred shares, with the preferred starting at 9 percent and closing around 93 8 bid after selling 1,160 shares. Common stock opened at 38 and rose to 39 1/2 before retreating to 29 1/4, with notable activity and block trades. Bonds remained plentiful, Lanston stock showed strength at 16 1/2, and several bank stocks saw limited interest. The day closed with a tough demand for cash stock and an offer to buy 10,000 Railroad common at 40. The Lanston Company annual meeting is on the 20th, with dividend expectations.
MENTIONED IN THIS ARTICLE
Ates
High
Louisville
Nashville
Manhattan
Metropolitan Securities
Mexican Central
Minn
St Louis
Missouri Pacific
Kansas
Texas
DaLag
Kana
Tex
New York Central
N.Y Ont
Norfolk and Western
Pennsylvania
Pitts
Republic
Southwestern
St L
Southern Pacific
Pfa
Southern Railway
Tennessee Coal and Iron
Texas and Pacific
United States Leather
United States Realty
United States Rubber
United States
United States Steel
States Steel
Va Car Chemical
Wells-Fargo Express
Westinghouse Electric
Western Union
Wisconsin Central
Wheeling and Lake Erie
Tno Ae
Ely
New York
American Tobacco
Atchison General
Atchison Adjustment
Atlantic Coast Line
Baltimore and Ohio
Central of Georgia
Chesapeake and Ohio
Chicago and Alton
Chicago
Burlington and Quincy
New Ds
R Y
Pacine
Loula General Ds
Colorado Midland
Colorado and Southern
Aprila Cube
Denver and
Rio Grande
Secattles
Erie
Fort Worth
Denver City
Ata
Hocking Valley
Japan
Consol Gold
Smergan
Mexican Centralist Inc
Hubbly Minn
Missouri
Kansas and Texag
National Railroad of Mexico
Consol, Ap
Amehead
New York Central General Ste
New Jersey Central General É Ae
Merlad Sugar Refining
Northern Pacific
Tubaco
Aby
Norfolk and Western Consola
Atchison m Maaing
Atchison Fd
Consotes
Reading General
Iron Mountain
Consol ‘Sa
Baltonure and
Ghia
Uiure
St San Francisco
Brook
Louis Southwestern
Canadian Pacific
Seaboard Air Line
Central
New Jersey
Chesapeake
Aston
Chnago
Toledo
Wester da
Chago
Aston Pté
Union Pacific
Chiago Great Western
Union Pacific Canyas
Northwestern
Wit Mall
St Paul
Maryland
Wheling
Lake Etlens
Delaware and Hudson
Igs
Denver
Katy Distillers
General Electric
SGU Hocking Vadevaat
Idnela Central
Say International Paper
Tadty
International
International Pump
Towa Central
Iowa Central
Kansas City
Washington Railway and Electric
Potomac Electric Light
Washington Railway and Electric, Preferred
Washington Railway and Electric, Common
WOO
Tradera National Bank
Lincoln National Bank
Arlington Fir
Greene Copper
Washington Railway and Hilectric
Lanston Monotype
Chesapeake and Potomac Telephone Company
Washington Stock Exchange
District of Columbia
Philippine Land Purchase
Capital Traction Railroad
Metropolitan Railroad
Columbia Railroad
City and Suburban Railroad
Anacostia and Potomac
Washington Gas Company Gs
Weshington Gas Company A
Washington Gas Company
United States Electric Light
Chesapeake and Potomac Telephone ‘Bs
Washington Market Company First És
Potomac Electric Light First Fis
Safe Deposit and Trust
National Safe Deposit and Trust
Washington Loan and Trust
American Security and Trust
Washington Safe Deposit
Union Trust Company
Washington Savings Bank
Home Savings Bank
Capital Traction
Common
National Bank
Bank of Washington
Metropolitan Citizens
Parmere and Mechanics
Columbia
Capital
American
Lincoln
Franklin
Metropolitan
Gorcora
Potomac
Arlington
National Union
Tm Columbia
Riggs
People’s
Columbia Title
Washington
Chesapeake and Potomac
Eachmen
Georgetown
Mergenthaler Linotype
Greene Consolidated Copper
Washington Market
Norfolk and Washington
Washington Railway Company
Lanston
Arlington Insurance
C. & P. Telephone
Mergenthaler
Boston
Potomac Electric Company
Lanston Company
Morfolk
Washington Steamboat
Henry Hurt
Hurt
Stock Exchange
Chicago Grain Markets Seen Strong Provisions and Hogs Rally
Local receipts totaled 185 cars as provisions showed strength and hog futures rallied with shorts covering. July pork rose to 13 17 halves, lard up to 7 46, ribs at 7 40, wheat and corn showed gains amid cautious selling and export activity. Estimated tomorrow’s recounts include 27 000 hogs. wheat receipts at 22 000 bushels with May and July futures firming on improved demand.
Wheat and Corn Futures Rally On Bullish May Wheat Demand
The May wheat option led gains across markets with strong shorts covering, lifting May to a new high. July corn saw steady advance as bullish sentiment persisted, while receipts and weather signals supported a cautious but firm tone in Chicago, New York, and Gulf ports.
Cotton Market Slips FeeBlely Amid Weather Fears
New York April 5 After days of small demand for spots in Liverpool trade firmed modestly with 8000 bales traded. Spot prices unchanged while futures rose after opening lower. Cold weather hits the South with frost in Northern Texas and sleet in Mississippi and Mississippi ports, raising concerns for the season and potential crop risks and price direction.
MENTIONED IN THIS ARTICLE
New York
Liverpool
South
Texas
Port Gibson
Miss
Nicksburg
Wyercoms
Seston Appay
Also Mentioned on This Page
Union OF Western Interests
People
Illinois
Lead
Tailer
Robinson
Wasserman Brothers
Mellen
New Haven Road
Connecticut
Publc
Ontario and Western
Vanderbilt
United States Steel Corporation
Steel Corporation
Alabama Iron and Steel Industry
Alabama
W B Hibbs & Co
Bankers and Brokers
F Street
New York Stock Exchange
Chicago Board of Trade
New York Stock Market
Sterling Exchange
Arata
Niewera Pp
Spo Hheriye
Tve
Sunday Post
Equitable Co-Operative
Association
Equitable
F St
John Joy Edson
Hllis Spear
Gho W Casilear
Frank Preeside
Local Financial
Chicago Grain
Washington Safe Deposit Co
Pen. Ave
NEW York Grain
Duluth
Manitoba
Hibbs & Co
Shorts
Galveston
New
Charleston
Wilmington
Baltimore
New, York
Philadelphia
Ae Beeres
Ohio
Poeta
Bf A. Ag
Great Brit
Bulliah
Porta
Great Britain
France
Continent
Mexico
Ures
Minneapolis
Scora
Liiec
Wats
Ph Arc Dni. Arc
Stock, Grain and Provision Company of
Walt — St
Loring
Jath and
G Sts. Nw
H. Smith Co
Loana Tr
Rande
N. Y. Ave
Bond
Tonopah
Goldfield
Gill
Goldfeld
F. Jonasson & CO
Commission Mining Stock Brokers
Broadway
Washington Loan & Trust Co
9Th and
F Sts
Carell
John A Swope
Ellis Bphar
Andrew Parker
Harry G Vweerm Boyd Taylor
Thomas ‘Bradley
Teseeee
N. W
U. S
Griffin Halstead & Co
New York Consolidated Stock Exchange
Meller
A. P. Miller Miller & Company
New Orleans
NEW York Coffer Exchange
John WY. Barross
Moore & Hill
J. J. Sage & Co
Ubud, Oney
Commercial National Bank
G Streets
Swartzell
Rheem & Hensey Co
Warner Building
Lewis Johnson & Co
MOORE G@ SCHLEY
Forest Citizens
Equitable Building Association of
D.C
The
National Safe Deposit
Isth ST
New York Ave Capital
Acta
Laskuding
Founeeso
New York City
N.W
Washington, D. C
Virginia Ave
Boardwalk
Atlantic City
Te American Audit Company
Home Office
Public
F. W. Lafrentz
P. A
EB. Manwaring
Theo. Cocheru, Jr
Sec
Treas
Otto Luebkert
Colorado Building
Foreign Exchange
Traders National Bank
Geo C. Henning
Nange
Cable
Riggs PA Ave
Teles
Metn
R. Lappin
Seventh St. WN. W
Gor. F
Arthur Wall
Lynn, Wall & Co
Adams Building
Ladies’ Department
Chesley & Spence
Colorado
Wade & Hedces
Sage
N.Y
Washington Loan and Trust Builar
Talsphone
WB. Hibbs & Co
Igig F Street
Mambars Washington Stock Exchange
Union Trust CO
Washington RY
Washington Gas
Lanston, &c
John W. Frank
Melrose
Clifton Street
Malin
Mutual Loan & Trust Co
St. N. W
OLD Reliable
Washington Mortgage Loan CO
Warder
JTH
Metropolitan Loan and Trust
E Street N. W
American Loan CO
4Th St. N
Ryicr
Ogee
American Loan Company
Capital Loan Co
F St. N. W
National Loan and Investment Co
Opp Treasury
SI Us
Potomag Guarantee Loan CO
Atlantic
Building and Loan Association
Sega Wie
Rat Foor
Mationsl
Ace E Loan Company