Wall Street Dull as Markets Stand Pat Amid Easter Week
Trading in the stock market remains narrow and listless as professionals dominate, with prices moving within small ranges. Bond issues attract little attention while optimism fades, and observers note Europe’s holiday quiet contributing to subdued activity.
United States Treasury reports weak cotton market with low records
The New York cotton market hit new season lows with a steady close, down 2.7 points from last Thursday as sales reached about 378,000 bales. Activity showed strong selling from European buyers and Wall Street pressure, with reports of floods in the Western belt and anticipated washouts in the Southwest. Liverpool markets closed for Easter, and New Orleans will be closed for spring elections. Government bonds and mercantile paper were steady to dull, while general currency rates showed minor movements.
MENTIONED IN THIS ARTICLE
York
Wall Street
Germany
Liverpool
New Orleans
Wall Street Calm Amid Speculation Over Freight Rates
A sunlit market in New York shows little excitement as brokers push Union Pacific and Reading, with United States Steel guiding the rail list while General conditions dampen enthusiasm. Traders doubt Interstate Commerce Commission approval and note weak iron and steel stocks. Western Union suffers, while Pennsy cars idle and spring demand fades. The Interborough Metropolitan acts to add seats on the Grand Street line, reflecting mixed public-supply signals.
MENTIONED IN THIS ARTICLE
York
Estes
Uray
Ita Grande
Hers Securities
Roe
Meneral
Otu Valley
terborouga-Metropolitan
Sas
Japan
Tansville
Nashville
Manhattan
Consal
Fexican
Central
Sarome
Musson
Kansas and
Texas
Kansas
Natianal Railroad
Ronsel
New York
Central General
New Jerse
Northern Factic
Dorbern
Bay, South Railway
Texas and Pacific
Toledo, St. Louis
Washington
New ‘York
Schools
Interstate Commerce Commission
Union Pacific
Reading
United States Steel
Sto
Interborough
Public Service Commission
Grand Street
New York Stock Market Highlights and Local Financial Notes
Washington area market activity shows gains in gas and rail shares, with Washington Railway and Electric and Capital Traction advancing on favorable call quotes. Dividend news from Washington Railway and Electric boosts sentiment, while traders eye possible ownership shifts at National City Bank and Traders National Bank consolidation plans. listed commodity prices and livestock values appear alongside.
MENTIONED IN THIS ARTICLE
Adams
Lenman
New York Avenue
Fifteenth aAtréet
Bective
Plac2
Washington
Capital Traction &S. Washington Railway and Electric
M. Washington Gas
Capital Traction
Silas Traction
Washington Railway and Electric Common
Washington Railway and Bilevivie
Wat Tite
Mergenthaler Linotype
Baltimore Markets Note Quiet Trading on April 20
Baltimore markets report price activity with receipts at 9,901 barrels for wheat and 3,116 bushels for red Western. corn dull, oats steady, rye dull, hay high, butter steady, cheese quiet, sugar unchanged. United States Express declares reduced semiannual dividend, payable May 15, reflecting a $1 per share cut from prior disbursement.
MENTIONED IN THIS ARTICLE
Baltimore
Southern
Wilte
Willie
Timethy
Eicdm
Liverpool
Cork
United States Express
New York
Grain and dairy prices steady in New York and Chicago reports
New York and Chicago markets show mixed results with wheat firm on bullish weekly data while corn weakens. Dairy items including butter cheese and eggs record varied receipts and prices amid steady to firm trends.
Freight Rates to Rise Pending White House Approval
Railroads east of the Mississippi met in New York and prepared for a general freight rate increase. Negotiations require personal approval from President Roosevelt and the Interstate Commerce Commission, with 30 days’ notice before new schedules. Wages, materials, taxes have risen while demand sinks, prompting higher charges to fund extensions and safety maintenance.
MENTIONED IN THIS ARTICLE
Roosevelt
The
Interstate Commerce Commission
Washington Post
Mississippi River
New York
Interstate
Knapp
Commission
George F. Baer
Reading Company
United States Steel stockholders approve past year purchases
New York April 4 stockholders at the United States Steel annual meeting in Hoboken N J ratified all purchases and contracts by the directors and finance committee, including the Tennessee Coal and Iron properties. All terms of directors were renewed. No protest over bonuses was raised. Subsidiaries also re elected retiring directors.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
Hoboken
N. J
Tennessee Coal and Iron Properties
Wl Carmmman Stork
Mane
United States Ste Corporation
Hobhaken
Gay
Metal Market Reports Quiet London Holiday Trade
New York. April 20. With London markets shut for Easter there was little change in local metal quotations. Tin steady to a touch higher 31.85 to 32.20. Copper unchanged with tor nigs 12.75 to 12.87 electrolytic 12.62 to 12.75 and casting 12.47 to 12.51. Lead steady at 3.9 and spelter at 4.00 to 4.65. Iron prices varied with No 1 foundry Northern 18.25 to 18.75, No 2 at 17.76 to 18.25, No 1 Southern Boston 17.25 to 18.00.
MENTIONED IN THIS ARTICLE
EUGS
Frexy
Virginia
Southwest Virginia
North Carolina
Bert
Adams Wapress
Kansas
Southern
Amalgamated Copper
Louisville
Nashville
Yatta
Minneapolis
St. Louk
PL & Sault
Tex
National RL
Ase
Amecan Locomotive
New York Central
Ontario
West
Norfolk and Western
Naetelle
North Amerin
Anaconda Mining
Pacific Mail
Pennsylvania
People's Gas
Pittsburg
St. Lupe
Baltimore
Ohlo
Oninpid
Brooklyn Rapid Transit
New Jersey
jReading
Pfa
Rane Antral Leather
ROY
Centrad
Republic Steel
Ubia
Ublie Steel
Sapeake
Chicago Great Western
Chicago
Northwestern
Louis Southwestern
Roche
Louis Steel
Washington Railway
Stoss
Sheffield
Contorade
Southerc
Southern Pacific
Southern Ist
Southern di Atta
Southern Railway
Wsal
Washington
Washington Gas
Washington Gas Certifcates Bs
Ti Corn Products
iToledo
Louis and West
BOD
Velaware and Hudson
Iena Toledo, Arte
Anacostir Ang Totomac
United States
Potomac
Erie
United
United Slaten Stee P Pea Rca
Norfolk
Ganesal
Talnaaten Steck
Clesapeake
Pato
Utah
Washlington
Tidinais Centra
Tighe
Virginia-Carolina Chemical
Washington Market
Intriional
Bs T ' Ryio
Virginia-Carolina Chem. Prd
Wahas
iCapital Traction - Leare
Well Fargo Express
Oreagh- Metropolitan
Westinghouse Electric
Stalk
Kaas
Suthers
Mergenthater Linotype
Tibbs. & Cn
treene-Cananaa Wraker
X Berdi
Frock Stock Exchange
Lincoln
Metropolitan
Ag TR Sf Company
Im American Security
National Safe
and Trust
Tinton ‘Trust
Iav
Imgran Loan and Trust
JRE
United States Trust
Savings
Hank Stock
Trome Savings & Merchant and Mechanic Savings
Union Savings
Fire Insurance
Arlington
Clumbia
Conercial
Corcnrean
Wiremen
Franklin
National Union
Columbia
New York
Wesak
Peonnsylvania
Minnesota
Pacific Coast
Bogota
Central America
Philadelphia
Japan
New Orleans
Cordova
Liverpool
Bermuda
Stove
Western
Florida
Cabbat
Wea
South Carolina
London
Ko. 1
Foundry Northern
Southern Bost
Live Stock Markets And Wheat Prices Across Markets
Live stock markets across New York and Baltimore show mixed results with cattle receipts around 16,000 head and hogs about 31,000, prices firm to mixed. Cattle and calves feature varied ranges, sheep and lambs steady to lower, with dairy and veal values noted and export quantities listed for upcoming shipments.
Also Mentioned on This Page
Wall Street Hall
Tellons
Europe
Massachusetts
Efotar Ching
Indiana and Southern Company
Biore Company
Seth
Taunt States Steel Corporation
Tockey
Sergey Tats
Sunneress
LO Tibe
Moshereman
Nationa
Owen Whee
Jess
United States Treasury
Kun
Prime Mercantile
Sterling Exchange
E. W. Grove
City
Toledo
Ohio
North Lima
South
Indiana
National Bank
Neds
GGL
Philippin Treasury
Orleans
Mobile
Savannah
Charleston
Wilmington
Treasury
Houston
Ear
Augusta
Cincinnati
Loutavinie— i
Rts
Britain
Continent
Atock
Det
Great Britain
France
Mexico
Iafynding
IOAN
NEW York Money Market
Wnion Pacific
Western Union
Stock ‘Exchange
Capabus Iron and Steel
Bar Jaren
Republic Iron and Steel Company
Bar Iron Combine
Pennsylvania Railroad
New York Stock Market
Local Financial
Washington Railway and Electric Company
Miurket
J. Quincey Smith
Traders’ National Bank
Liuidate
Merchants and Mechanics’ Savings Bank
Bankil
Teythstreet and
Pennsylvania Avenue
Washington Stock Exchange
Washington Produce Market
Curb Market
Allig-Chalmers
Lamerican Steel Foundry
EafAmerican Steel
Adams Express
American Tobacco
Boston Copper
Butte Coalition
Chicago Subway
Cumberland Ely
Goldfield
Greene-Cananes Nevada
Nevada
Isait Lake Copper
United Copper
Yukon Gold
Washington Adisway and Electric
NEW York Grain
Duluth
Tuly
Burhels
Heceipts
Exporia
Chicago Grain
Statist
America
May
Crimars
Lncal
Shorts
Lowe
Lle Viese May Park
Ioana
J An . T
fKkew
Railroad
White House
Washington Loan & Trust Company
John Joy Edson
Washington Railway & Electric Co
W. B. Hibbs & Co
Hibbs Building
New York Stock Exchange
Chicago Board of ‘Trad
U. S. Treasury
Home Savings Bank
7Th and
Mass. Ave. N. W
H Sts. N E
7Th St.s. W
Metal Market
Areves
Tve
Baaltimore
Carlosda
Jeffers
Hest
Lplta
National Savings & Trust Company Cor
New York Ave
Thomas L. Hume
Go. Beg
Brokerage
F Street N. W
New York Stock
Napaleon
Napoleon
Arthur Cowsill
Colorado
J. B. Weed
Metropolitan Bank
Wm. Ives & Co
Consolidated Stock Exchange New York
Hyattsville Building Association
Hyattsville
NJ Waters
Pote Et
Washington Cattle Market
Thomas B. Ricker
Goldman
Sac! Co
Paris
Equitable Co-Operative Building Association
Joy Edson
Frank P.reeside
Equitable Bidg
St. N.W
Citizens’ Equitable Building Association of
Georgetown, D. C
M St
Brown
Engar Frisby. V
Chas
P. Williams
H.C. Kueinschmidt
Wade & Hedges
H. Clarke
Member
Consolidated Stock Exchants of
G St
Ouray
District of Columbia
Swartzell, Rheem
Hensey Co
F Street
Northweat
Citiea
National Riggs Bank Pa
Municipal Railroad Corporation
Lawrence Barnum & Co
Bankers
F St
BD. C
Ralph W. Lee
G Street
N. W
Maryland Real Estate Title Co
Mutual Fire Insurance Nee Bldg
13Th
N.Y. Aya
Walter A. Brown
S. NW
D.C
Heiskell & McLeran
H Street