Early Gains Lost as Erie Issues Rise in Market
A Washington Post report from New York on April 14 notes a busy day in trading with gains in Consolidated Gas Westinghouse Electric and Interborough Metropolitan stocks. Court actions aimed at freeing nearly 501 000 tied to gas price differences influenced Consolidated Gas, while Westinghouse benefited from restructuring hopes. Market hesitation followed mid-day as trading volumes fell and sentiment cooled amid gold flows and copper and wheat price shifts driven by supply and weather reports.
MENTIONED IN THIS ARTICLE
Consolidated Gas
Westinghouse
InterBorough Metropolitan
Stock Exchange
Washington Post
New York
Mort
Union Pacific
Reading
Westinghouse Electric
Consolidated Jas
United States District Court
Itrousevin
Bamm
Makone
Pars
Interborough-Metropolitan
Conmuanes
Man Tlan
Wien
Fea
Sterling Exchange
Paris
London
Mas Inn
Vnrrany
Sedax
Pecal
Erie
Consolidated Gay
Third Avenue
United States Circuit Court
Wall Street Gossip on Erie and Market Moves
New York traders debate Erie stock cues amid rumors of a friendly reorganization by Mr Hartiman and a buyback by large holders. Union Pacific and Northern Pacific power via bond talk and dividend moves. Consolidated Gas leads gains on court case hopes, while Hill stocks lag amid a choppy session.
MENTIONED IN THIS ARTICLE
Erie
Hartiman
Stock Exchange to Close for Easter Holiday This Year
The New York Stock Exchange and other major boards in New York Philadelphia and Boston will close on April 1 and reopen Easter Monday April 2. Washington Stock Exchange might also close for the holiday with an announcement due early in the week. Bond demand was fair with Potomac Electric Power 5s trading around 1031-4 and Washington Railway and Electric 4s around 78 ½. Commercial Fire 5s drew attention at 5. The Lanston Monotype Company seen as favorable by observers, while Arthur G Plant made a notable floor debut among former colleagues.
MENTIONED IN THIS ARTICLE
Hiyerr
Union Pacific
Bears
New York Stock Exchange
City
Philadelphia
Boston
Washington Stock Exch
Potomac Electric
Washington Railway
Lanston Monotype Company
Exchange
At & Bid
Arthur G. Plant
O'Cloek m. Capital Traction
Washington Railway and Electric
Potomac Electric Lights
Washington Railway and Electric Preferred
Norfolk
Washington Steamboat
Washington Gas
E Stock Exchange
Seles
Anked - Adams Express
Kansas City Authern
BIA Gas
Amalgamated Copper
Louisville and
Nastville Bez
Washington Gas Cean
Washington Gas Co. Cert
Ind
Ar and Foundry
Moxican Central
Am, Car and Foundry Pla
Ate
Minneapolis
St. Louis
Am. Corton, Gul
St P & Sault Ste M
Capital
Anacostia
Potomac &S
St. PL
Columbia Railroad
Mtsagued Pacific
Missouri, Kansas and Texas
Metropolitan Railroad As
Eg Mo . Kans
Texben I
BBY -Am
Linseell Pte
National R. R of
Pfa
IO Am. Laeive
New York Central
Potomac Electric Light
Ontario
West
Norfolk and Washington Steamboat Bs
Aom
Chesapeake and Potomac
Washington Mariet
Washington Market Co. Bs
LiNop North American
Northern Pacific
ES 'Pacific Mail
Capital Traction
Anaconia Mining
Atetason
Pennsylvania
Bell Telephone
Pennsylvanis
Mergenthaler Linotype
Lanston
Central of New Jersey
Greene-Cananea Copper
Republic Steel
Phesapeake
Bat Mitchell Mining Co
Sb Western Es i
Rock Inland Co
Great Tay American
Chicago
Northwestern
Piszaluaz
Rock Island Co
St Paul
St le
San Frania
Hiaga
St Louis
Louis Southwestern
BAY Commercial
Tads Tarmers and Mechanics
Liscoin
Traderea
Texas and Pacific
A Ste
Washington
Toledo
West Eaz Trust Company
Am Corn
American Security and Treatte
Delaware and Hudson
LST
ILSS
National Savings and Trust
Delaware, Lack, and West
Union Trust
Denver
United States Trust
Distillers
United States Rubber
Ba Savings Bank
Erie
A States Steel
NX Home Savings Bank
United Merchants and Merchantea
United States Steel Pid Ag
Union Avings Dank i
General Electric
Eatarthern
Virginis-Carolina Oe Artington
Alinols Central
Virginia-Carolina Chem
Uolumapia
Thy International
Urcoran
International Pump
Wells-Fargo Express
Westinghouse Electric
Bate
Franklin
Ona Central
Wisconsin Central
National Union
Iowa Central
Potomac
Kansas City Southern
Ak Columbia
W. B. Hibbs & Co
F Street
Chicago Board of Trade
Washington Stoc Exchange
Washington Market
Bank Clearings and Bond Market Report New York April 10
Bank clearings and money markets show dull call money at 1 1/2 percent with offerings near 1 3/4 percent. Toned financials list mercantile paper at 4 1/2 to 5 percent with steady sterling exchange and tanker bills around 4.8660 for demand and 4.8625 for sixty days. Regional figures from Cleveland and Toledo note balances, shipments, and local taxes with mixed small-town rates for North Lima and South Lima Indiana.
MENTIONED IN THIS ARTICLE
New York
Prine Mercantile Paper
Sterlin
City
Toledo
Ohio
Lima
South
Zima
Indiana
Williamsurg Trust to Resume on Reorganization Item
The Williamsburg Trust Company of Brooklyn, placed in receivership in October, will resume business once a reorganization plan is approved by the court. Receivers report $1,300,000 on hand with hopes to raise to $3,000,000 before reopening.
MENTIONED IN THIS ARTICLE
New York
Williamsburg Trust Company of
Brooklyn
Wheat and corn rally on Kansas and Nebraska damage
Chicago grain notes report strong wheat and corn despite light trade and profit taking. May wheat and corn prices advanced on Western drought signals, with modest gains in oats and mixed provisions. arrivals and exports mixed, future receipts forecast for wheat, corn, oats, hogs.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Nebraska
Bradstreet’s
Minneapolis
Duluth
Corm
May
New York Cotton Mixed but Near Steady Close
Wall Street buying lent early support but futures drifted, closing about 2.6 points under day’s best. Trade ran around 200,600 bales as market fluctuated on bull and bear cues and a looming Southern convention news. Secretary Lester’s report on world visible supply shows total 4,169,089 bales with American 2,960,213 and Europe 2,347,000 afloat or held.
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 Market Report Closes Quietly
Gist of trading shows butter and lard steady to barely steady with firm pork and canned goods. eggs receipts at 16 963. flour barrels 20 567 with 9 853 exported and 7 400 sold. Cotton oil, petroleum, rosin, turpentine steady. sugar, tangibly firm with refined products inching higher. greens and peas mixed with quiet demand across staples.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
North Carolina
Iarge
Hecht
Early York
Florida
California
Pennsylvania
Minnesota
Rio
Cordova
London
New York Grain Report Shows Wheat Rally On Drought News
Wheat futures surged amid drought in Western Kansas and Nebraska with strong May and July closings. Corn and oats markets mixed with May shorts covering and steady spot values. rye prices for No 2 Western listed at 82 f. o. b. New York.
MENTIONED IN THIS ARTICLE
New York
Duluth
Kansas
Nebraska
May
Western
F. O B
Easter Stimulates Trade and Signals Mixed Economic Tone
Bradstreet's reports for the week ending April 9 show Easter boosting retail lines in some regions with a broader lift in jobbing business and collections. The Southwest and Northwest are the strongest, Southern areas lagging. Early crop and soil conditions are better than a year ago with fewer insect damages. Cereal and cotton prices fall to yearly lows, easing general price pressures. Leather remains firm and hides edge higher while Eastern shoe shipments drop sharply. Iron and steel activity is muted with demand for seasonable goods rising but bulk production steady. Business failures total 258 for the week, up from last week and varying from prior years.
MENTIONED IN THIS ARTICLE
New York
Live Stock Markets US and UK April Cattle and Hog Prices
New York April 10 Receipts and price ranges for Reeves cattle calves sheep lambs and hogs. Cattle steady to firm hogs slightly weaker. top prices and per pound figures noted. shipments and receipts for today and tomorrow. Chicago data mirrors steady cattle and lower hogs with mixed grades and stockers noted.
MENTIONED IN THIS ARTICLE
New York
Liverpool
London Cables
Chicago
Baltimore Markets Report of Grain and Market Changes
Baltimore markets report dull plour and wheat activity with total receipts over 5 thousand. corn and rye steady with varied futures. Butter and eggs steady. sugar higher. grain freights ease to Liverpool. market quotes include No 2 red wheat and Southern white corn with multiple delivery months.
MENTIONED IN THIS ARTICLE
Baltimore
USA
Domentle
Liverpool
Cork
Metal Market Roundup United States and London Prices
The London tin market closed down with spot at £144 1s 0d and futures at £142 1s 6d. Copper slipped locally with spot £6 5s 7d and futures £8 8s 0d. Lead eased to £18 14s in London. local market firm. Spelter fell in London to 7 21 5d but dull locally. Iron slid with standard foundry at 56s 0d and Cleveland warrants at 52s 0d. Northern No 1 foundry at 18 25 to 18 75. No 2 at 17 16 to 18 25. No Southern and No 1 Southern soft 17 2 to 18 0.
MENTIONED IN THIS ARTICLE
New York
London
Sti
Standard
Sig
Cleveland
Losly Po
Northern
Southern
Copper Market Indicates Quiet, Waiting Copper Prices
Boston reports in the Copper Market column that copper remains quiet and slightly easier. Prices for lake copper and electrolytic copper show minor declines while domestic demand stays sparse. Producers have limited surplus and plan May or June deliveries. The market eyes bond sales by industrial firms before a possible rise in consumption and price in a few months.
MENTIONED IN THIS ARTICLE
Boston
Walker
Lake
Wagon Driver Fined for Stolen Clothes Case
Thomas Winston a colored wagon driver was convicted in Police Court and fined $50 for stealing a basket of clothes left on a rear porch at 2308 TI Street Northwest. The clothes were dumped into the trash wagon and carried away. the thief who removed them from the wagon remains unknown. High pressure days push workers to extremes. Hood's Sarsaparilla is advertised as aiding vitality and digestion.
MENTIONED IN THIS ARTICLE
Thomas Winston
Alice Fuqua
TI Street
Winston
Chevy Chase Land Sold In Several Maryland Real Estate Deals
Mason-Dixon area realty reports detail multiple Chevy Chase transactions. Roy W. Prince buys about 30,000 square feet at Brookeville road and Sheridan street through Thomas J. Fisher. Dr William K. Butler acquires a 70-foot lot on Quincy street near his existing home. J I Leverton purchases 2301 Thirteenth street NW corner residence for around 10 500. Annie E Breuninger buys 39 WF street NW three story residence for 7 500. Lewis E Breuninger buys seven lots at Holmead and Monrat for spring homes at 1 000. Harry Wardman sells two houses at 3539 and 3567 Tenth street NW for 4 50 each. eight houses in the row have now sold.
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 central area
Boston tobacco magnate C H Bond secured a 250000 loan on the Bond Building at Fourteenth street and New York avenue northwest to fund a new Boston business edifice. The National Mutual Life Insurance Company of Newark provided the loan through Tyler Rutherford. Davidson & Davidson and Mr Bond’s office assisted. The seven story fireproof building, valued at 700000, yields 52000 annual rent and is a premier investment property in Washington.
MENTIONED IN THIS ARTICLE
Boston
Washington
Fourteenth Street
New York Arenur
C. H. Bond
National Mutual Life Insurance Company
Newark
N. J
Tyler & Rutherford
Hyattsville Building Associatio of Hyattaville, Ltd
E. N. Waters
Walter A. Brown
14Th St
D. C
Deiskell & McLeran
H Street
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Bulls
Upton Pacific
Hearish
Ocal-Financial
Washington Mailway
Electric Preferred
Washington Stock Exchange
New York Stock Market
THE
United States Treasury
Curb Market
Bradstreet
BER Nn
Pet Pet
Expenditures . Inc
National Bank
Louis
Fittsburg
York
Francisca É An
Kansas City
Gateral
Adustmenet
Cimelmatt
Wandard Allver
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Tiver
Iver
Galiton Alannas
Claveland
Balnre Ata
Detroit
Treasury
Bal‘hee and
Ohana
Rational Bank
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Rapa Transit
Cony
Los Angeles
Sliver
SL Cancra of
Georgia
Tne
Omaha
Milwaukee Oy
Central of Gentra Tdne
Seattle
Central of Georgia
Inc & Faul
General Fund
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Richmond
Chinas and
Allan Bys
Philippine Treasur
Gt Towis General
Houston
Colorado Industria
Galveston
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Athern
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Deever
Mio
Erie General
Japan
Atchison
Manhattan
Consor
Fitchburg
New Haven
Hartford
Missouri Kansas
Texas
American Chemical
Gregon Short Line
Dominion Iron and Stee
Edison Electric
Reading General
American Steel Foun
Iron Mountain
Massachusetts Electrica
American Steel Foundry
Deb
San Francisco
Massachusetts Electric Pia AB Adams
Chicago Subway
North Butte
All
Pacific Sts
Atlantic
Cumberland Ely Oor BN
Toledo St Louis
Tern
Bingham
Galafield
Pacific
Shannon
United States Steel
Wabash
Alan Greene-Cangnea
Ad Mitchel Mining
Nevada
Wheeling and
Lake Erie
Gata
Washington Cattle Market
Mdly
Ste
Mobile
Savannah
Wilmington
Brunswick
Augusta
Memphis
Dull
Cincinnati
Louis Ile
Little Rock
Noromalay
France
Bez. On
Mexico
NEW York Grain
U. S. Treasury Supervision
United States Trust Company
H. Bradley Davidson
14Th Street
N. W
Satuday
Home Savings Bank
Mass. Ave
N.W
N. E
7Th St. S. W
U. S. Treasury
Cor
New York Ave
Metal Market
Maryland Real Estate Title Co. Mutual Fire Insurance
Hood
Mall
G Electric Co
W. B. Hibbs G CO
Hibbs Building
Citizens’ Equitable Building Association of
Georgetown, D. C
M St
Thor
BROWN
Edgar Frisby
Chas. P. Williams
H. GC. Kleinschmidt
Van
Arthur Cowsill
Riggs Sa
Pa. Ave
District of Columbia
Investmenta
Wade & Hedges
S. H. Clarke
Consolidated Stock Exch3nge
Ouray
Municipal Railroad
Bonds Corporation
Lawrence Barnum & Co. Bankers
F St
DD. C
Pittsburg
Ralph W. Lee
G Street