Stocks Decline After Wheat Corner Collapse News
The weak and unsettled stock market fell further as Chicago wheat corner collapse fears lingered. Northern Securities and Northern Pacific slumped about ten points amid Milwaukee defalcation news, while overall declines persisted into a weak close.
MENTIONED IN THIS ARTICLE
May Wheat Corner
News of Milwaukee
Northern Securities
Northern Pacific
Wall Street Gossip on May Wheat and Western Selling
Special to The Washington Post details heavy Western selling driving a broad stock market decline. It notes Gates & Co and Louisville and Nashville as key players, with Atlantic Coast Line rising on rumors of dividends. Analysts describe shifting opinions, margin calls, and persistent bear pressure amid broader market weakness.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Chicago
Wall Street
Gates & Co
Louisville
Nashville
Atlantic Coast Line
Gates
Atlantic Coast Line Company
Louisville and Nashville
Union Pacific
United States Steel
Potomac Guarantee Loan Co
F Street N
Atlantic Bending
American Loan Co
ST. NW
Building and Loan Association
Biriefly Condertiel
Wational Mortgage Loan Company
New York Bond Market April 24 Reports Rates and Rates
Money on call firm at 2 4 percent with bids at 3 and offers at 3. Time loans firmer sixty days 3 percent ninety days 3 percent six months 2 3 percent. Sterling exchange active with bankers bills 4.8620 4.8625 on demand and at 4.8545 60 day bills. Government bonds steady. railroad bonds irregular. Treasury receipts and expenditures cover redemption 838367 dollars and internal revenue 1065147 dollars. customs 748988 dollars. miscellaneous 126232 dollars. expenditures 2170000 dollars.
MENTIONED IN THIS ARTICLE
New York
Frime Mercantile Paper
Sterling Exchange
D.gcdo
Local Financial Market Shifts In Washington Trading
Washington bankers note a volatile session after New York markets shook, with American Security and Trust reaching year high and others like Capital Traction and Lanston seeing mixed moves. Analysts discuss Monoline merger effects, potential Lanston consolidation, and overall prosperity based on strong metal production and crop yields. bankers remain cautious yet confident about the year ahead.
Reorganized Bank to be Controlled by Belmont Interests and Morgan
Belmont, Daniel S. Lamont, Elbert H. Gary, Lewis Casas Ledyard, and D. C. Clark are named in the directory personnel. The lineup indicates Morgan, Hill and Belmont Interests will control the reorganized bank, with a new St. Louis president joining the management group.
MENTIONED IN THIS ARTICLE
Belmont
Daniel S. Lamont
Elbert H. Gary
Lewis Casas Ledyard
D. C. Clark
Morgan, Hill and Belmont
St. Louis
Stock quotations from the Washington Stock Exchange list
The report details closing bid quotes for bonds, stocks, and certificates in numerous DC area firms. Notable items include Capital Traction Railroad at 108, Washington Gas at 122, Washington Railway and Electric preferred at 91, and American Security and Trust around 250. Several rail and utility bonds and a wide range of bank and insurance stocks are listed with varied prices.
MENTIONED IN THIS ARTICLE
Salea—Columbia Railroad Ba
Washington Gas
Capital Traction
Washington Railway and Electric, Preferred
American Security and Trust
American National Bank
National Union Insurance
Mergenthaier Linotype
Lanstan Monotype
Graphophone
Greene Copper
earl—American Security and Trust
Washington Stock Exchange
District of Columbia
Capital Traction’ Railroad
Metropolitan Railroad
Columbia Railroad &S
Columbia Railroad
Igid
City and Suburban Railroad
Anacostia and Potomac
Washington Railway and Electric 4A
United States Electric Light
Chesapeake and Potomac Telephones
Washington Market Company First És
Potomac Electric Light First
Safe Deposit and Trust
National Safe Deposit and Trust
Washington Loan and Trust
Washington Safe Deposit
Union Trust Company
Washington Savings Bank
Homa Savings Bank
Washington Railway and Electric
National
Commercial
Bank of Washington
Metropolitan Citizens
Central
Farmers and Mechanical
Columbian
Capital
American
Lincoln
Riggs
Franklin
Metropolitan
Corcoran
Potomac
Arlington
National Union
Columbia
People’s
Colonial
Columbia Title
Washington
Chesapeake and Potomac
American Graphaphone
Georgetown Gas
Mergenthaler Linotyne
Lanston Manolyne
Greene Consolidated Copper
Washington Market
Norfolk and Washington Steamboat
Health
New York Cotton Market Sees Moderate Activity
New York April 24 The cotton market was moderately active with a easier general tone due to the Liverpool holiday. Opened down about 2 7 points as South weather and stock market uncertainty spurred liquidation by Wall Street. Prices recovered from intraday lows but closed with a net decline of 60% points and about 260,000 bales sold for May through July and August.
MENTIONED IN THIS ARTICLE
Ayom
Ud Lary
Chicago
Torik Exchange
Coset
Europe
M. Delcasse
Bert
M. Delrssse
Northern Securities
Northern Pack
Stock Exchange
Curbstone
Igun
Milwaukee
Gates
Wheat Corner
Cuntitsen
Weber and
Assa
Milwaukee Bank
Atul
Peter
Atchison
Rales
Goston
Wwe
New York
Liverpool
Wall Streat
May
Cotton Letter Reports Mixed European Markets Slow Trade
European markets celebrate Easter keeping cables inactive and prices influenced by outside events. The Chicago wheat corner collapse and a broad stock drop apply pressure as spot cotton in the South remains plentiful for sale. Holders appear cautious amid ongoing market shifts.
MENTIONED IN THIS ARTICLE
New York
Gueness
Chicago
South
Also Mentioned on This Page
NEW York Stock Market
Adams
SOS
Am Car and Foundry
Car and Foundry
America
Ag America Son
Ug S
Ant Ag
American Sugar Refining
Tobacco
Anaconda M Ning Co
Nak
Baty
Ai Atchison Pfd
Wey
Aden
Coast Line
Battimors
Ohio
Baltimore and Ghio
Brookton Rapid
Canadian Pacific
Central of New Jersey
Ngs Ge
Alten
Carsten Boe
Amalgamated Copper
Hill
Great Northern
Northern Securities Company
Great Northern Preferred
The
T Fe Gates
John W. Gates
Harriman
Moore
Louis
Colorado Ant Southern
Cole Cath
Ifard South
Simat Ig Ag
Delaware
Denver and
Rio Grande
Denver
Tbaki & Valley
Jawa Vortral
Eas Southern
Ars
Manhattan
Metropaltan Unities
Palitan Street
Mexico
St Oy
New York Central
Suffolk
Pennsylvania
Pitts
Pullman Palace
Republi Steel
Rock Island Co
Southern Paci
Southern Pacific
Southern Railway
ABA
Southern Ralway
Tennessee Coal and Iron
Texas and Pacific
Bho
Toledo
West
God
W. Pia
Union Pact
United Pfd
United States
United
Wisconsin Central
W. B. Hibbs
Treasury
National Bank
American Tobacco
Atchison General
Tony Atchison Adjustment da
Baltimore and Ohio
Central of Georgia
Central of Georgia 1St Inc
Gentral of Georgia 7d Inc
Chesapeake and Ohio
Burlington and Quincy
New
R L and Pacific R. R
Chicago R. R and
Pacific
R. R. Cot. Ie
Chicago Terminal
Colorado Midland
Colorado and Saythery
Denver and Rio Grande
Distillers’ Securities
Erte Prior Len
Ind Brig General A
Y Fort Worth
Tylar
Norfolk and Western
St. Louis and Iron
San Francisco
U. 5
U. New
Local Financial
American Bank
Bank
Trust
Washington Railway
Lanston
Graphophone Preferred
Gag
Mergenthaler
New York Exchange
Baltimore
Monoline
Memoline
Mergenthaler Company
R. A. Chester
Commercial Bank
Phoenix Bank
F. E. Marshall
National Bank of Commerce of
Agnew
P. G. Affleck
W. B. Hibbs & Co
F Street
New York Stock Exchange
Chicago Board of Trade
Merchants’ Transfer & Storage Co
E St
M. W
Stock, Grain and Provision Company
Wall St
Loring
Sts.nw
Swartzell, Rheem & Rensey Co
Warner Building
B Street
Equitable Building Association
Georgetown
D.C
Galveston
Guiet
New Orleans
Mobile
Savannah
Charleston
Wimington
Dail
Norfolk
Boston
Philadelphia
Jacksonville
Houston
Auguala
St. Lowie
Cincinnati
Great Britain
Continent
Japan
France
American Express Co
Traders National Bank
WB. fLibbs & Co
Kers
Washington Stock Exchanges
Mornt Raa
York Stock Exchange
Commercial National Bank
Cor
N. W
U. S
Daily Financial
Dbai Sete Roeareo
Broadway
New York City
N.W
Washington, D.C
Virgina Ave
Boardwalk
Atlantic City
Arthur Wall
Lynn, Wall & Co
Adams Building
Upper Mo
Washington Safe Deposit Co
Pa.ave
John W. Frank
Washington Loan & Trust Co
9Th and
T sTs
John Joy Edson
John A Swope
Ellis Spear
Andrew Parker
Waterstant
Harry G. Meem Boyd Taylor
Thomas Bradley
Exchange
American Audit Company Home Office
Public
F. W. Lafrentz
Manwaring
Theo. Cochelt, Jr
P. A
Sec
Trena
Otto Luebkert
Colorado Building
F. H. Smith Co
N.Y. Ave
Tonopah & Goldfield
Tonopah and
Goldfield
Yivcke
C. F. Jonasson & Company
Commission
N. Miller A. P. Miller Miller & Company
NEW F.crx Stock Exchange
NEW York Produce Exchange
Cotton Exchange
NEW Orleans Cotton Exchange
John V. Barross
National Safe Deposit, Savings and Trust
VE Capital
Renta
E. Meena
Moore & Hill
MTH
Ladies' Department
Chesley & Spence
Colorado
Malin
Wade & Heddes
M. J. Sage & Co
N.Y
Atlantic Building
Equitable Co-Operative Building
Association
Armrade
Equitable
F Stow
VEO
W Casilear
Frank P. Reeside
Francis H. Smit
Alyin M. Lothrop
Agorney
TG Kimbat
Union Savings Bank
J. E. Bates
Publi
Washington Loan and Trust Building
Wainst Out
Tulman
Surety Loan Company
Warder Bldo
Washington Mortgage Loam
F N. W
Estenaloog
Metropolitan Loan and Trust Co
E Street
Mutual Loan & Trust Co
F St. N. W
Joan
Alexandria
Langdon
Riverdale
I. Net, Loan and Investment Co. Cor
Th & G Sts
Jean