Brisk Drop in Stocks Keen on Foreign Selloff
Wall Street opened in a fearful mood as foreign houses intensified selling amid London bearishness and a May wheat collapse. Buckling under rumors about Milwaukee bank and Missouri Pacific's decline, stocks across Pennsylvania, Baltimore and Ohio, and Chicago Milwaukee and St. Paul fell sharply, with Amalgamated Copper and United States Steel also sliding.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Pennsylvania
Baltimore
Ohio
Norfolk and Western
Chesapeake and Ohio
Northwestern
Union Pacific
Great Northern Preferred
Chicago
Milwaukee
St. Paul
Northern Pacific
Northern Securities
Atlantic Coast Line
Lawsville
Nashville
New York Central
Missouri Pacific
Amalgamated Copper
Brooklyn Rapid Transit
United States Steel Common
United States Steel
Boston
Philadelphia
London
Milwaukee Bank
Uon
Muwadkee Bank
Millwhukee Bank
Hising Beem
Isu Merc
Mussouri Pacific
Missouri
Gould System of Railroads
Urian Pacifiic Nainroad
Gould
Paritie Board
Vbe
Louisville
Atlantic Coast
Wall Street Bear Party Faces Market Woes and Gould Stocks
A strong bear faction grips the market amid heavy liquidation and rapid price breaks. Traders cite waning public support, rising short interest, and influential insiders selling as Union Pacific and United States Steel drop, while Missouri Pacific faces a trader boycott and Gould securities hang in a fragile market.
Market summary with rates and commodities from New York April 27
Money on call 2% 3% with closing bid 2% Time loans steady to 3% for 60 to 180 days Prime mercantile paper 4% Sterling exchange firm with bills around 4.8650 demand and 4.8400 sixty-day. Government bonds steady. Eggs receipts heavy with Virginia and Southern types around 16% duck eggs 12% Butter prices varied with many grades from 15 to 38 cents. Government bonds and railroads listed with many issues shown, various 4s, 5s, and consols. Continuous tone of market activity across commodities and securities.
MENTIONED IN THIS ARTICLE
New York
Adams Hapress
Amalgamated Cappe
Am Car and Foundry
Antar and Foundry
American Express
Ug Atchison Atavy
Atchison
Atlantic Coast Line
Baltimore and Ohio
Brooklyn Rapa Transit Ag
Gaz
Canadian Pacific
Central of New Jersey
Chesapeake and Onto
Chicago
Alton i
Consolidated Gas
Delaware and Hudson
del Lack and
Western Aye
Denver
Rio Grande den
Rio Grande
BS Distillers Securities
Erie
Hacking Valley
Hlaots Central
International Paper
Pfa
Siew Ny
Prime Mercantile
Sterling Exchange
Virginia
Southern
Western
Livestock Market Wraps Across New York and Chicago
Receipts in New York total 594 cattle 237 calves 615 sheep and lambs and 1 874 hogs with prices showing weakness for calves and lambs while hogs ease. Chicago cattle 3 000 hogs 24 000 and sheep 15 00 with steadier to lower cattle and sharply lower hogs and steady sheep slight declines noted. Fourteenth Street Item cal Read the Four sak columns in The Post tomorrow.
MENTIONED IN THIS ARTICLE
New York
Chicago
Fourteenth Street
the Post
Mergenthaler stock surge tops Washington market day
The trading day featured a strong rise in Mergenthaler Linotype stock from 196 to 202 on purchases of 300 shares, led by a principal buyer shown to be a large local holder. Lanston Monotype and Union Trust activity was mixed, with notable sales and urgent calls to buy, as brokers priced offerings and a constitutional seat expansion was approved at 7500 dollars per seat. The annual Lanston Monotype report cited profits up 100 percent and plans to build machines in company shops, while Washington Railway and Gas stocks showed weaker activity and limited trading overall.
MENTIONED IN THIS ARTICLE
Union Pacific
Southern Pacific
United States Steel
Commission House
London
Waldorf
Louisville
Nashville
Atlantic Coast
Gould Party
Wabash B
Wabash B Bonds
Wabash
Abash Securities
Cyrus J. Lawrence
Ramsey
Mr. Lawrence
Gould
Mergenthalier
Boston
Lanston
Union Trust
American Security and Trust
Washington Railway
Hume
Augustus Crane, Esq
W. B. Gurley
Mergenthaler
Mergenthaler Company
Monoline
Lanston Monotynpe Company
Treasury
Washington Railway and Electric
Union Trust Company
Washington Gat
Mergenthaler Linotype
Washington Stock Exchange
District of Columbia
Philippine Land Purchase
Capital Traction Railroad
Metropolitan Railroad
Columbia
Anacostia and Potomac
Washington Gas Company
United
W. B. Hibps & Co
Bankers and Brokers
F Street
New York Stock Exchange
Chicago Board of Trade
Chicago
Liverpool
America
May
Minneapolis
United States
Shorts
Nori Dakota
Duluth
May Holdings
Potomac Guarantee Loan CO
N. W. Atlantic Building
Rootms
American Loan
GCO
Building and Loan Association
Flan
Zoana
Rational Mortgage Loan Company
Washington and Potomac debt securities and local stocks
A report lists debentures and certificates of indebtedness for United States Electric Light and Chesapeake and Potomac Telephone along with Washington Market and Potomac Light assets. It includes Washington safe deposits, banks, insurance stocks, railroad and gas stocks, and a wide array of listed securities with price ranges and ex-dividend notes. Open high low close figures from the market show mixed activity across bonds and equities with Chicago and New York exchanges noted.
MENTIONED IN THIS ARTICLE
Tates Electric Light
United States Electric Light
Chesapeake and Potomac Telephone
Washington Market Company First$s
Potomac Electric Light First
Safe Deposit and Truat Srecks
Washington Loan and Tram
American Security Ed Trust
Washington Safe Deposit
Union Trust Company
Washington Savings Bank
Home Savings Bank
Capital Traction
Washington Railway and Electric
National Bank
Commercial
Washington
Metropolitan Citizens
Central
Farmers and Mechanics
Columbia
Capital
American
Lincoln
Riggs
Franklin
Metropolitan
Corcoran
Potomacc
Arlington
National Union
People’s
Colonial
Columbia Title
Chesapeake and Potomac
Georgetown
Mergenthaler Linotype
Lanston Monotype
Greene Consolidated Copper
Washington Market
Norfolk and
Washington Steamboat
Realty
New York Grain Prices and Wheat Decline Sparks Market Drop
New York April 27 Rye and Barley dull Wheat futures fall as bears press prices. May wheat 90 92, July 89 1/2, Sept 83 4 3/4. Corn declines on weak abroad and weather hopes, May 50 1/2, July 51 3/4. Oats and barley mixed futures with spot No 2 values and afloat bids noted.
MENTIONED IN THIS ARTICLE
New York
Manitoba
Orn
Spot East
Baltimore Markets April 27 Grain and commodity report
Baltimore markets report quiet with 2 920 barrels flour exports 4 024. Wheat steady down at 92 to 83 cents spot and futures across months. Corn steady with July 50 percent, September 61. Oats Easter No 2 white 16 to 25 cents. Butter firm with fancy types 27 to 28 and creamery 1 92. Eggs steady 16 cents. Sugar strong 6 25 to 6 25. Grain freights steady.
MENTIONED IN THIS ARTICLE
Baltimore
Also Mentioned on This Page
Wall Street
New York Stock Market
Missouri Pacifio
Equitable Life Affair
American Tobacco
TIM American Tobacco
Atchison General Ds
Atchison Adjustment
Central of Georgia
Central of Georgia 1St Inc
Chicago and Alton
Burlington and Quincy
R. I
Pacific R. R
R. 1
Fort Worth
Denver City
Hocking Valley
Japan
Northern Pacific Northern Facile
Oregon
Reeding General
St. Louis and
Iron Mo
St. Louis
San Francisco
Western Maryland
Wheeling and
Lake Erie
Wisconsin Central
International Pump
International EuaPe Pro
Town Central
Fowa Central Ptd
Kansas City Southern
Kansas City Southern Ptd
Louisville and
Manhattan
Metropolitan Securities
Metropolitan Street
Qi Mexican Central
al Minn
St Louis
Nat R. R
Mexico
Pia
Mg North American
Pacfic Mall
People’s Gas
Pitts , c. G
St L
Rock Island Co
Rock Island Co. Pta
St I
Louis Southwestern
Southern Paciie
St. Louis Southwest
Southern Pactifie Pt TK
Thyonthern Railway
Bouthern Railway
Tennessee Coal and
Iroi
Texan and Pacific
Bt. T. and
Westen
St. L and
West Ptd
Union Pacfic
Union Pacific pta_ Boo
Deitea States Expreva
United States Leather
United States Leather Pta
United States Rubber
Ek Btaten Steel
Wisconsin Central Ba
Wisconsin Central Ptd
Jaane
W. B. Hibbs & Co
F' Street
China
Board of Trade
Washington Stock9
Exchange
Er U
Ies
Sag Se
Registerei
U. New Ds
Local Financial
Chicago Grain
NEW York Grain
Havenner & Kennedy
Stock, Grain and Provision Company
Wall St
Loring
Sth
G Sts
Washington Safe Deposit Co
PA. Ave
Merchants’ ‘Transfer & Storage CO
E Street N. W
Hamburg Biemen Fire Insurance Company
Hamburg
Germany
Depeast Capital
Foo
Danager
Jos C Maneely
New York County
Pac Ng China
Union Trust CO
Ist
Redmond & CO. Bankers
Chestnut ST
Redmond & CO
W.b.hibbs & CO
F. H. Smith Co
Swartzell, Rheem & Mensey Co
Warner Building
Corporation
Riggs Iek" PA. Ave
Opposith U. &, Treasury
the National Safe Deposit, Savings and Trust
15Th &T
New Tork Ave
Ets
Ioana Heiskell & McLeran
Sunday Post
H. O
Moore & Hill
Mute Street
American Express Co
Traders National Bank
J. A Ws Nler Miller & Company
Broadway
New Orleans
NEW York Coffee Exchange
Y York Cotton Exchange
N. W
U. S
Union Savings Bank Bond
4Th
N.Y. Ave
Dies’ Department
Chesley& Spence
Colorado
Wade & Hedces
M. J. Sage & Co
N.Y
Atlantic
Arthur Wall
Lynn, Wall & Co
Adams Building
John W
Melrose
Mel 1St Cliftes Street
B. Bates
Ashingion
Eocs and ‘Trust
Talephona
Equitable Co-Operative Building
Association
Equitable
John Joy Edson
Ellis Spear
Veo W. Casilear
Frank P,reeside
Commercial National Bank
Washington Loan & Trust Co
9Th
F Sts
Real Cstate
John A Swope
Andrew Parker
Harry G Wee
Boyd Taylor
Thomas Bradley
Upward Co
Planas
Privaty
Ryvery
Loain
Pala
Joan
Wardnr
Metropolitan Loan and Trust Co
E Street
Mutual Loan & Trust Co
F St. N. W
Alexandria Falls Riverdale
National
Langdon, Ment Co
Internal Capital Loan Co
FN. W
Tolman