Sharp Market Rise on Strong Opening Led by Steel
New York July X The market opened with fractional gains as heavy demand, led by short covered positions, pushed prices up in early trading. United States Steel push and renewed activity lifted many stocks to near day’s high, with Southern Pacific and Union Pacific among leaders.
MENTIONED IN THIS ARTICLE
Southern Pacific
Washington Post
New York
Wall
United States Steel Strvke
London
Joan
Churchi
Eaffirs
United States Steel
Union Pacific
Onoce
Usp
Pacis
Metal market fluctuations spa London tin copper lead and wheat notes
New York reports volatil e London tin futures at 120 173 60 with local price near 37.12 37.87. Copper weaker in London 1g2 10 for spot and £81 120 Sd. futures. Local copper steady around 18.60 18 73 for lake 18 25 18 50 for electrolytic and 18 OOBT8 38 for cast iron. Lead steady at 3.75 locally but down abroad London Spelter down to 5.19 £ 26 103. Tron lower in English market standard foundry 30s 9d. Wheatdrs Northern quotes No 3 foundry Northern 18 25 18 50 No AST Southern 18.00 1860 No 2 foundry Southern 17.50 18.00.
MENTIONED IN THIS ARTICLE
New York
London
Standard Foundry
Dugbylow
Adams Express
Kansas City Southern
Soo
Kansas City
Nashville
Cox and Foundry
Pfa
Mexico Central
Minneapolis
St. Louis
American Express
Aelscouri Pacite
American Jeo Sequritlen
Miavouri, Hanae
Texes
Munarican Linseed OM
Eeeee
Kanoas
Texea Pta
Amoylean Linseed OM
Ian
Ay Ook
Mat
H. R
Alex
Ioleus
New York Control
N. Y
Ontoria and Western
Norfolk and Western
Norfolk and Western Pfd
Tubsera
North American
Anaconda Mining Company
Hepanetal
Joof Northern Pacific
Atcoiron
Pacific
Atchison Afd
Pengerlvanta Fasbae
Atlantic Coast Line
Penpla'e Gas
Patel Se
Baltimor
Chio
Pitts
C.C
St- Louis
Baltimore
Ghlo
Brooklyn Rapid Transit
Pullman Pal
Cheanpeake
Ohio
Republic Steel
Tal
WwojChicago Great Western
Chicago
Northwestern
Rock Reland Company
St Paul
Flock Teland Company
Chicago T
St, L
San F
St. Lawl
Sts Lowi Southwestern
Colorado Fuel
St. Louis Southwestern Ptd
Boutharn
Southern Pacific
Coto
ITAIT
Colo
Smntay
Fantanay
syulDeliware Sn Hudson
Toledo
St. L
Western
Hel
Lack
St. Ye
Denver and
Rio” Grande
Union Pacific
Rio Grande
Fenton Pacific
United Sitter
United States Realty
Kalytet
United States Rubber
TOHL
United States Rubber Phil Secess
Erin
goalGeneral Electric
States Steel
Northern Pd
United States Steet Ned
Hocking Valley
Carolina Chemie
Ewe Ny
Ato
Iinola Central
Ceratina Chemical Pta
Interborough-Metropolitay
Az i
Foh
Interborough-Met. Pd. Yee
Wells-Pargo Express
Westinghouse Electric
International Pump
Western Union
Wheeling
Lake Erie
Wisconsin Central
Iowa Central Pd
Wisconsin Centre
Fotal
W. B. Hibbs & Bankers and Brokers
F Street
New York Stock Xchange
Chicago Board of Trade
Washington Stock Exchange
New York State
New
Virginia
Largo
Emirate
California
New York Cotton Market Quiet Amid Narrow Fluctuations
New York cotton closed steady with minor shifts as traders awaited private crop reports and Friday government data. Prices fluctuated, with active months slipping about seven to two points before steadier trade and notable gains for Augusta, while October, December, and January posted small losses or gains amid cautious covering and speculative interest.
MENTIONED IN THIS ARTICLE
W.B. Hibbs & Co
F Street
New York Stock Exchange
Washington
Stock Exchange
Chicago Board of ‘Trade
Phil
Jay
New York
Eloe
Meadier
Toam
Iftta
Talea
Augusta
Weather Bureau
Wall Street Gossip and Dividend Hints Across Key Stocks
The report notes Sir Ernest Cassell as a notable buyer of Southern Pacific and mentions a price rise since that alert. It cites banking speculation on big investor activity and reveals steel dividend secrecy. It covers large July trading, transfer taxes, and expected late-year dividends for Norfolk and Western, Chesapeake and Ohio, and Atchison.
MENTIONED IN THIS ARTICLE
Washington
New York
Ernest Cassell
Sir Ernest
Ift Wen
J J Hill Limits Dividend Surplus Cited by Commissioner
Minnesota railroad hearing reveals Great Northern policy to cap dividends at 7 percent despite high earnings. R J Farrington explains surplus funds fund improvements, loans, and future stock issues while stockholders see no immediate cash return. Surplus on hand tops 19 million dollars as commission questions profitability and capital use.
MENTIONED IN THIS ARTICLE
St.Paul
Minn
State Railroad and Warehouse Commission
Minnesota
R. J. Farrington
Great Northern Railway
James J. Hill
Farrington
Staples
Stupies
Mr. Staples
New York Grain Market Reports July Trade Activity
New York grain notes show rye and wheat prices with varied receipts and exports. Spot and futures move as markets react to liquidation and weather in spring wheat country while corn and oats futures slip on weak tone and larger weekly U.S. supply.
MENTIONED IN THIS ARTICLE
W. B. Hipbs & Co
F' Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of ‘Trade
Ln Ag Ag
Veear
Ayers
Bea Pork
Chicago
Holdera
Fred x
Shorts
Liverpool
Sheral
Byeral Louga
Viciaie
Bradstreet
Murket
Whiten
Fash Houen
Tiberal Estes
Nebraska
Unete
Ser- Himent
Baltimore Markets Report July Grain and Dairy Prices Steady
Baltimore markets show quiet steady tones across grain and dairy markets. Wheat and corn prices hold near previous levels with mixed receipts noted. butter eggs cheese and sugar remain steady, with standard daily variations observed in export and inland prices.
Stock Exchange Dull as Copper Shares Slip on Rumors
The Stock Exchange session opened with dull trading and general price weakness, except for Conper stocks which held firm. Mitchell Mining fell nearly three quarters of a point on 600 shares, Greene Copper declined amid bearish chatter, and Lane ton showed gains while Washington Railway and Electric issues traded lightly. Riggs Bank president Charles Glover attended his final board meeting before vacation, then departed for Atlantic City and a western tour.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mitchell Mining
Greene Copper
Charles €. Glover
Riggs Bank
Atlantic City
Washington Stock Exchange Mixed Listings and Bond Notes
The exchange shows numerous bonds and stocks including Washington Railway common at multiple prices, Washington Gas 4s, Metropolitan Railroad certificates of indebtedness, and United States Electric Light debentures. Notable entries include Anacoatia and Potomeeds bonds, Norfolk and Washington Steamboat shares, and many district and city securities with varied percentages and maturities.
MENTIONED IN THIS ARTICLE
Washington Railway Common
Lanston
Weahington
Mitchell Mining
Gresna Copper
District of Columbia
Philippine Land
Rairoad
Opphel Traction Railroad
Anacoatia
City and Suburban Railroad
Metropolitan Railroad
Metropelitan Railroad
Columbia Raittong
Columbia Railroad
Washagton Railway and
Bactrie
United States
United States Electric Light
Chezapsake and
Potominc Telephone
Washington Market Company Isles
Potomas Electric Light Int
Norfolk and Washington Steamboat Fe
Wavhinston Gas Company
Washington Gas Company
Bristol Gas and Electric
National Safe Deposit and ‘Trust
Iuey
Washington Loan End
American Security and Trust
Union Trust Company
Security atorage,Company
Washington Savings Bank
Momo Savings Bank
Union Savings Bank
Wasa
Ington Safe Deposit Company
Capital ‘Traction
Piremen’s
Franita
MatrapeHtas
Coroma
Omae
Ania
Néflona
Ttston
Columbia
Riggs
People's
Washington
Chesapeake and Potomac
Georgytown Gas
Mergentheler
Lanaton Monotype
Washington Market
Nevis and Washington
Mitchell Mining Company
Southern Public Service Corporation
Washington Produce Market Prices Report
The Washington market shows steady fruit and vegetable prices with mixed grain and dairy signals. Eggs, butter, and creamery items rise modestly while live poultry receipts stay heavy and market dull, with prices for chickens, turkeys, and ducks listed alongside fresh produce and fruits.
Live Stock Markets update from New York and Chicago
New York market notes show cattle, calves, sheep and hogs with varied demand and price ranges. Chicago reports steady cattle, higher hogs, and firmer sheep, alongside currency and financial indicators and bond notes.
Dividend on Steel Common Declared by Company
The Steel Corporation directors declared a regular quarterly dividend of 0.5 per cent on common stock, the first since December 1900, and a 1.34 per cent quarterly dividend on preferred stock. Net earnings for the quarter ended June 20 rose to 40,125,083, up 5,518,017 from the previous year. Additional figures show Angloid orders, depreciation allocations, and a quarter end surplus of 18,251,106 with 13,000,000 reserved for capital projects, leaving 5,281,106 available.
MENTIONED IN THIS ARTICLE
Bengittle
San Francisco
New York
State Superintendent of Banks
Chesapeake and Ohio
Consolidated Gas
Brooklyn Valen Gas Company
New York Edison Company
Consolidated Ges
Gary
Tea Plates Steel Corporation
New York Produce Prices and Market Notes
New York market report lists cheese eggs flour and grain prices with steady to firm trends. Beef cattle and sheep prices show little change, with calves and hogs steady. dairy and poultry supplies described as uncertain or irregular.
Detroit Seeks City Control of New Street Railway Franchise
Detroit officials and Detroit United Railway leaders announced a proposed street railway franchise aiming for city ownership. The plan offers reduced fares for working hours, universal transfers, and a higher tax on gross earnings, with extensions on existing lines and a 15 year franchise renewal leading to potential purchase at real value.
MENTIONED IN THIS ARTICLE
Detroit
Mich
Detroit United Railway
Cadd
Hutchins
The
Railway Company
Ste
Panama Bankers Protest Postal Order Sale Changes
Panama bankers meet with Theodore P. Shonts chairman of the Panama Canal Commission to complain that the Isthmian Canal Company's ban on selling postal orders harms drafts sales. Shonts resolved to halt postal orders outside Canal Zone port offices and abolished the administration building office used by Panama merchants.
MENTIONED IN THIS ARTICLE
Panama
Theodore P. Shonta
Panama Canal Commission
Isthmian Canal Company
Shonts
Canal Zone
Porto Rican Labor Help Arrives for Louisiana Planters
Special to The Washington Post from Porto Rico reports Llwellyn Allen, representing the Louisiana Planters' Association, has arrived to recruit native plantation laborers. An experiment with about a hundred workers last year succeeded, prompting plans to secure more Porto Rican labor. The natives receive better compensation in Louisiana than on the East Coast.
MENTIONED IN THIS ARTICLE
Washington
Juan
Porto Rico
Llwellyn Allen
Louisiana Planters’ Association
Louisiana
East
Insurance Firm Refuses To Pay 4 Million Claim
San Francisco claims against Trans Atlantic Fire Insurance Company of Hamburg total near 4 million dollars. The insurer denies liability citing a catastrophe caused by Providence as not covered by the policy. Building permits issued include several two story brick dwellings and an elevator installation with costs ranging from 3,000 to 15,000 dollars.
MENTIONED IN THIS ARTICLE
Providence
San Francisco
J. S
Trans-Atlantic Fire Insurance Company
Hamburg
Germany
Inspector Ashford
Richard Knight
Forcevan
Fifteenth Street
F. L. Mally
W. H. Sowall
Caroline Dvenns
FL. Matly
W. E Ronch
Carolina King & Sons
Otis Elevator Company
E. P. Belnk
F Street
E. P. Brink & Son
J. 3 Means
Blair Road
A. Baird
Also Mentioned on This Page
Syeel
Securities
Atchison General
Atchison Adjustment
Baltimore and Ohlonds
Parthmore
Hirookiya
Georeta Sc
Central of Georgia
Capital of Georgia
Chesapeake and Chips
Alton
Gmiengo, Burtington and Quincy
Round ,Pacific Railroad
Chicago, Bot and
Pacife Railroad
Colorado Industrial Re
Colorado Industrial
Colorado Madhand
Colorado and Southern
Denver
Rilo Grance
Gecurittess
Erte Prior Han
Birks General
Japan
Corticates
Te Sen
Manhattan Tomnol
Merlean
Meatean Central
Minneapolis and
St Louis
Miszouri
Kansas
Missouri
Kansan
Texas
National Railroad of Mexico
New York Central General
New Jersey Central General
Northern Pacife
Norfolk and Western Consol
Groxon
Peonaylvania Convartibig
Xaveral
St Louie
St Touts
St Toul
Southwestern Con
Seaboard Att Line
Southern Pack
Southern Railway Sa Teras
St Loula
Union
UIL
Lima
South Lia
Indiana
York
Boston
Albany
Bonton
Maine
New Haven
Hartford
American
Arge, Chemical Pt
American Suger Pt
American, Telephone and Telegraph
American ‘Woolen
American Woolen Pla
Dominion Tran Xail Steel
Edison Electric
Masaachteetts “Crectrle
Maguachusetta Electrin Ptd
Massachusetts Gan
United Froit
United Shoe
United Shoe Mach
North Butte
Bingham
Shannonmeint Utah
Boston Consolidated Cape Ie
Chicago Subway
Cumberland Bly
Utah
Cary
Metal Market
Mag
Stack
Galveston
New Orleans
Savannah
Ateady
Charleston
Wilmington
Norsboat
Sud
Houston
Memphia
St. Lowie
Cincinnati
Ces Loutaville
Great Britain
France
Ross Contigent
Totaa
Cortz
Mabey
Wall Street
Reading
First National Bank Party
Jacob Fields
Executivat Committee
Atchison
Norfolk & Western
Atchixson
IL 8
Chat
J.J. Hill
Great Northern
NEW York Grain
Duluth
Jenat Losa
Chicago Grain
Local Financial
Laneton
Washington Railway and Electric Common
Washington Railway
Fleetbc
Silor—Washington Railway
ATI
Guesapeane and
Foromar Tetephan
Washington Produce Market
Beeves
Revelpte
Sead
Pennsylvania
Watghix
Prime Mercantile
Sterling Exchange
Moexicen
Gare Garnmient
New -York
Teng Island
Washington Cattle Market
Porto
Island
the Terminal Storage CO
Storage Dept. Union Trust CO
F Nw
Lne
Washington Loan & Trust Co
Burplus
Bowes
John Joy Edson
Joan A. Bwors
Thomas Bradert
U. S
Citizens Ins
W. Y. Ave
Savings Bank
Napoleon
Arthur Cowsill
Colorado Building
Presser Tesesengers
F Street N. W
Benen
U. Oea
American Express Co
Arthur Wall
Lynn, Wall .& Co
Adams Building
Gorvexpongerts
M. 1
Sage & CO
George Hf
Harries
J. Gustan
Kitines
King
Letarop
Theox Romtt
I. W. “Ralston
B. Smith
E. Quincy Saith
E. N. Watere
Woodward
Bond
Francis R. Dooley & Co
St. le Drott
M. TZ
Equitable Co-Operative Building
Association
Tall
Equitable
Fat Ae
John Joy Edison
Filia Spear
Geo. W. Gaallear
Frank P. Bewaldu
Sang Corporation
G Street
Chesley & Spence
Frognd
Colorado
Tere
Meleran
D. C
Stone & Fairfax
Lowes
Toterast
D.C
Tampa
Anton ‘Fite Tneuranes Company
Parmente Teres (Incorporated
I. Eh, Bradley Company, Inc
ST. NW
Lg Fat
F. HE. Smith CO
We Nave
Awe
Moore & Hilt, Inc
M4th
St. Aw
C. Real Estates
Ecomom& al
Worrowers
WM. H
SAU3 %& CO
Hoif Sk Tw
Bullaine Association
C. A
Metzerstt
Walter H. Acker
Burnstine
Pennsylvania Avenue
Metropolitan Loan & Trust
Plana
E Street N. W
Tao
Surety Loan Co
9Th & F
Alec Toane and
Worstware
the Liberal Company
Citizens ‘. CO
Commercial Bente Building
Ith and
Sts. Dw
Reliance Loan and Trust Co
Seventh Street
Iamsters
Ed Businessa Ie Eeseiasq Ae
Tolman
Corcoran Bi
Nipwrepa
Ely