Early stock gains fade as market steadies in New York
New York stock activity surged on April 14 with larger-than-average transactions but muted overall momentum. Consolidated Gas Westinghouse Electric and Interborough Metropolitan shares posted notable advances while Union Pacific and Reading showed modest gains. Traders eyed a court filing on Consolidated Gas proceeds and monitored gold flows and copper and wheat movements amid mixed signals about the economy and weather.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Mort
Union Pacific
Reading
Consolidated Gas
Westinghouse Electric
Consolidated Jas
United States District Court
Itrousevin
Wall Street Gossip on Erie and Union Pacific Rumors
New York traders debate Erie stock dynamics amid talk of a friendly reorganization with Hartman, while Union Pacific shares surge on bond issue hopes. Bulls forecast a 10 point rise in Union Pacific as speculation continues, with mixed views from brokers and caution on broader market impact. Consolidated Gas rises on legal prospects to recover price differentials from circuit court custody.
MENTIONED IN THIS ARTICLE
Union Pacific
Bulls
Upton Pacific
Hearish
Consolidated Gay
Third Avenue
Consolidated Gas
United States Circuit Court
Stock Exchange to Close for Easter Holiday
For the first time in years the New York Stock Exchange and other boards in Philadelphia and Boston will close on the evening of April 1 and reopen Easter Monday. Washington Stock Exchange considers closing as well. Bond market showed limited activity with Potomac Electric Power 5s trading around 1031 4, and Washington Railway and Electric 4s near 78 1 2. Commercial Fire at 5 highlighted a past price rebound from 7 two years earlier. Lanston Monotype Company reports scarce details but favorable impressions circulate. Arthur G. Plant makes a notable floor appearance among many old colleagues.
MENTIONED IN THIS ARTICLE
Westinghouse
Bamm
Makone
Pars
Interborough-Metropolitan
Conmuanes
Man Tlan
Wien
Fea
Sterling Exchange
Paris
London
Mas Inn
Vnrrany
Sedax
Pecal
Washington Post
New York
Erie
New York Stock Exchange
City
Philadelphia
Boston
Washington Stock Exch
Potomac Electric
Washington Railway
Lanston Monotype Company
Exchange
At & Bid
Arthur G. Plant
Bank Clearing Record From New York Bond Market
Financial bulletin from New York on April 10 reports money on call at 14.3 percent, time rates weak, commercial paper at 4.45 percent, sterling exchange steady with bankers bills at about 4.8660 for demand and 4.825 for sixty days. Covention bonds and railroads listed as steady. Credit balances in Of City at 1.78 with daily runs and shipments figures for Toledo and North Lima area.
MENTIONED IN THIS ARTICLE
New York
Prine Mercantile Paper
Sterlin
City
Toledo
Ohio
Lima
South
Zima
Indiana
Williams burg Trust to Resume After Reorganization
The Williamsburg Trust Company of Brooklyn, closed since October, will reopen once a reorganization plan gets court approval. The current receiver holds about 1.3 million dollars and aims to raise to 3 million before operations restart.
MENTIONED IN THIS ARTICLE
New York
Williamsburg Trust Company of
Brooklyn
Wheat and corn gain as Kansas damage boosts Chicago market
Chicago grains rise on Western Kansas and Nebraska damage reports. Wheat May advances to 95 90 and closes around 914 while corn strengthens amid light trade and unsettled belt weather. Oats firm, provisions steady to lower as traders weigh arrivals and futures activity.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Nebraska
Bradstreet’s
Minneapolis
Duluth
Corm
May
New York Cotton Prices Steady After Mixed Session
Wall Street driven cotton trading closed barely higher by 2.4 points amid 200,600 bales sold. Early gains faded as selling pressure rose with funds withdrawing orders, then bulls and cover helped recover before Southern convention news capped gains. Secretary Lester’s World Visible Supply report shows total at 4,169,089 bales with American cotton 2,960,213 and other kinds 1,208,873, while global afloat and held totals stand at 2,347,000 in Europe and 991,000 in the U.S.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Enid
Charlotte
N.C
New Orleans
Lester
Egypt
Brazil
India
Great Britain
Europe
United States
New York Produce Prices and Market Notes
Trading rounds show steady to unsettled movement across commodities with butter eggs flour and fats. Notable items include steady lard pork firm rice quiet sugar firm refined steady and modest freight steadiness for cotton and grain by steam, with various regional qualities cited.
MENTIONED IN THIS ARTICLE
Pennsylvania
Minnesota
Rio
Cordova
London
New York Grain Prices Rise On Drought News
Wheat receipts reach 26 000 bushels with exports of 7 600 and futures at 16 000. Wheat closes at a net gain with May at 98 1/2 and July at 92 1/2. Corn futures firm on short covering with May at 76 1/2 and July at 73 1/2. Oats supplies ample with spot steady and varied weights listed. Rye steady at No 2 Western 82 f. o b New York.
MENTIONED IN THIS ARTICLE
New York
Duluth
Kansas
Nebraska
May
Western
F. O B
Easter stimulus boosts trade and crops ease prices
Bradstreet’s notes Easter activity lifts retail trade in parts of the country with some jobbing gains and better collections. Early crop and soil conditions exceed last year while insect damage is down. Cereal and cotton prices dip to year lows. meat and metal gains soften. Leather up, hides higher, shoe shipments fall. Iron and steel steady with demand for seasonable goods. Weekly business failures total 258, up from prior weeks and well above historical years.
MENTIONED IN THIS ARTICLE
New York
Live Stock Markets in New York and Chicago Trade Rows
Livestock markets report receipts and prices across New York and Chicago on April 10. Cattle, calves, sheep, and hogs show varied demand with steady to lower tone, top cattle around 4.50, hogs near 6.00, and lambs and sheep trading slowly with modest shifts in value.
MENTIONED IN THIS ARTICLE
New York
Liverpool
London Cables
Chicago
Baltimore Markets Report From April Opening Trade
Baltimore markets show mixed dullness across grains with large receipts and exports for corn and oats. Butter and eggs hold steady while sugar climbs. meat and grain freights ease to Liverpool and Cork on orders.
MENTIONED IN THIS ARTICLE
Baltimore
USA
Domentle
Liverpool
Cork
Metal Market Update From New York and London Trading
London tin and copper markets eased with spot and futures lower. Local prices in New York showed weakness across lead zinc and iron, while producers faced price adjustments and stable but firm signals amid shifts in casting and foundry grades.
MENTIONED IN THIS ARTICLE
New York
London
Sti
Standard
Sig
Cleveland
Losly Po
Northern
Southern
Copper Market Ends Quiet as Demand Remains Sparse
Boston April 10 Copper market reports in tomorrow's Boston Commercial show copper prices steady to slightly lower with Lake at 12 to 13 1/2 cents and electrolytic 12 to 18 cents per pound. Domestic buyers are sparse while foreign interests have withdrawn. Producers lack surplus and cannot rush May or June delivery. Market waits for bonds to raise funds for extension projects. Anticipated consumption rise could come in two to three months as electrical and industrial firms secure financing.
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Kansas
Nebraska
Virginia
West Virginia
Southwest Virginia
North Carolina
Iarge
Hecht
Early York
Florida
California
Boston
Walker
Lake
Wagon Driver Fined For Stolen Clothes
Thomas Winston, a city trash wagon driver, was convicted in police court and fined 50 dollars for stealing a basket of clothing left at 2308 TI street northwest. The clothes were dumped into the wagon and carried away after being removed from the rear porch by an unknown person during daily collections. High mention of demand on workers and a testimonial for Hood's Sarsaparilla follows, urging its use for vitality.
MENTIONED IN THIS ARTICLE
Thomas Winston
Alice Fuqua
TI Street
Winston
Chevy Chase Land Sold in Maryland Real Estate Deals
Maryland real estate report details Roy W. Prince buying about 30,000 square feet at Brookeville road and Sheridan street Chevy Chase through Thomas J. Fisher, and a 70-foot lot on Quincy street for Dr. William K. Butler. Hayden & Speich note J. I. Leverton buys 2301 Thirteenth street NW. Annie E Breuninger acquires 39 WF Street NW three story residence for 7500. Lewis E Breuninger buys seven lots at Holmead and Monrat for spring market homes. Ross & Phelps sell two Wardman houses at 3539 and 3567 Tenth Street NW for 450 each. eight houses in the row completed.
MENTIONED IN THIS ARTICLE
Maryland
Roy W. Prince
Thomas J. Fisher
Brookeville Road
Sheridan Street
Chevy Chase
William K. Butler
Quincy Street
Dr. Butler
Hayden & Speich
J. I. Leverton
Thirteenth Street
Annie E Breuninger
WF Street
Lewis E Breuninger
Holmead
Monrat
Ross & Phelps
Harry Wardman
Tenth Street
Wardman
Big Loan on Bond Building in Washington
A $250,008 loan on the Bond Building at Fourteenth Street and New York Avenue NW secures funds for a new Boston business building. C H Bond of Boston, owner and tobacco maker, backs the loan with National Mutual Life Insurance Company of Newark as the lender. The seven-story fireproof Bond Building is valued around $700,000, yields $52,000 yearly rent, and was built by Bond with Davidson & Davidson.
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Boston
Washington
Fourteenth Street
New York Arenur
C. H. Bond
National Mutual Life Insurance Company
Newark
N. J
Tyler & Rutherford
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