Prices for Civil War Era? Market Reacts to Reports
Unfavorable crop news from Iowa and illness of a Standard Old magnate weighed on stocks in New York trading. Cotton showed strong July gains while corn suffered. British troop movements pressured markets, with London consols dropping. Railroad earnings for June mostly rose versus last year, while copper exports in July climbed to 35,000 tons despite a late dip in foreign stocks.
MENTIONED IN THIS ARTICLE
London
Union Pacific
Northern Pacific
Reading
American Tobacco
Canadian Pacific
Berlin
Pacific Mail
Canada
Paris
Tondon
Delaware and Hudson
New York
Chicago
St. Louis
Atchison
Fordman Ines
Southern Pacific
London Cables
Wall Street Gossip: Oil Stock Moves Despite Reorganization Plan
New York on Monday Standard Oil stock barely moved after the reorgan ization plan then opened higher but fell to 51 before recovering. American Tobacco slid nine points from Friday, with substantial trading. Railroad executives discuss the Interstate Commerce Commission ruling, predicting losses and potential appeals, while drought in North Carolina weakens regional transport shares and overall market activity shows light trading near equilibrium.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Standard Oil
American Tobacco
Supreme Court
Veal Calves Steady Amid Market Notes
Washington Stock Exchange and New York Bond Market summaries accompany a terse price rundown: veal calves steady, hogs per owl at 466 percent gross, sheep per Yb at 343 percent, lambs spring choice at 644, veal calves choice per 7 7 percent, and medium per pound.
New York Produce Prices Mixed Across Staples
New York market notes show firm butter and cheese, steady eggs, and mixed pork and beef signals. Cottonseed oil and sugar hold firm with refined sugar steady, potatoes firm, cabbages easy, and freight rates steady to Liver pool.
Local securities attract investors to high market activity
Local financial news reports robust stock exchange trading with Mergenthaler strong at 232 bid 233 ask and Washington Railway and Electric active seeking large lots. Bond issues show limited trading while banks and insurers expand, with new national banks authorized and Keystone Telephone profits cited.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mergenthaler
Lanston
Washington Railway and Electric Preferred
Washington Gas
Georgetown Gas
Potomac Electric
Consolidated
Capital Traction
Washington Produce Market Wholesale Prices Listed
Wholesale quotations for fresh trusta and vegetables show strong demand. Prices span Virginia and nearby regions for produce like potatoes, cucumbers, onions, cabbage, eggplant, peppers, spinach, and citrus, with ranges for fruit such as cantaloupes, Georgia melons, apples, lemons, and pineapples.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
Tennessee
New York State
New
North Carolina
California
Georgia
Florida
Live Stock Markets Report from Chicago August 1
Chicago live stock markets show cattle receipts around 4 000 with steady to mixed prices. Hogs at 15 000 receipts trend 5c lower. light to heavy ranges quoted, with totals around 6.85 to 7.20. Sheep receipts about 2 500 mixed with lambs steady to firm and sheep weaker. Calves and country dressed goods noted with weak tones in mixed classes.
MENTIONED IN THIS ARTICLE
Chicago
Texas
New York
New York Money Market Report Aug 1 1900s
Money on call steady at 2 1/2 percent with bids 2 1/2 and offers 2 1/2. Time loans firm at 2 percent for 66 days, 3 1/2 percent for 90 days, and 3 3/4 percent for six months. Prime mercantile paper 4 1/4 percent. Sterling exchange 4.8495 for 0 day bill and 4.5610 for demand. Commercial bills 4.53 percent. Bar silver and Mexican dollars listed. Government bonds easy. railroad bonds weak.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange Stead
Dilla
Philadelphia Markets report on August grain and produce prices
Philadelphia markets note wheat firm and higher for No. 2 red export, corn steady for No. 2 yellow, oats weak, butter firm with extra Western creamery at 28 and prints 30, eggs firm with various regional prices, cheese firm with New York cream prices, poultry alive lower with mixed fowl prices, dressed poultry lower, potatoes steady in Jersey and Saskatchewan markets.
MENTIONED IN THIS ARTICLE
Philadelphia
Pennsylvania
New York
Jersey
Per Sasket
Chicago Grain Wheat yield seen at fifty million bushels North Dakota
Chicago market notes broken by reports of weak yields in North Dakota with wheat futures rising modestly on North West strength. Other grains show slight gains while overall sentiment stays bearish due to crop damage reports and black rust fears. Minneapolis and Chicago demand mix in.
MENTIONED IN THIS ARTICLE
Chicago
North Dakota
Northwest
Minneapolis
IMI
New York Cotton Market Shows Mixed Day of Demand and Steady Close
The New York cotton market rose on faster covering ahead of tomorrow's government report, with the final zone firmer and August trading 19 points higher while later months rose around 5 to 13 points. During the session a mid afternoon dip sparked by European political concerns led December from 11.0 cents to 10.92 before spot houses and reactionists bought the dip. closing prices for new crop months were generally 3 to 4 points above the session lows.
MENTIONED IN THIS ARTICLE
New York
Baltimore Markets: Grain and Poultry Prices Decline in Early August
Baltimore markets report dull wheat and corn with bids around 904% for Easter wheat and 67k for spot corn. Oats steady while rye remains quiet. Poultry prices show wide variation from live spring chicks to ducks and geese, with butter values mixed across creamery, print, and commuter grades. Eggs and dairy prices span Maryland to Ohio markets, with losses noted in several regional regions.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Pennsylvania
Ohio
West Virginia
Virginia
Pennsylvanie Deiry Printa
Southern
Calina
New York Grain Heavily Traded on Wheat and Corn News
New York August 1 wheat spot for No 2 red 94 cents elevator and 5 dollars f o b afloat. No 1 Northern Duluth 1.33 and half f o b afloat. Market rallied on black rust reports and Northwest strength after early declines. Sept at 94 4 96 316, close 5 6. Dec 88 41.00, close 39. Receipts 83,000. shipments 106,682. Corn spot firm export No 2 69% f o b afloat. No 2 70% elevator. futures nominal with no transactions. Oats spot steady. barley nominal.
MENTIONED IN THIS ARTICLE
New York
Duluth
Metal Market Trends and July Copper Exports Report
New York August 1 Standard copper futures and spot quotes show slight gains as markets hold steady. Custom house exports of 34995 tons in July rise from 23018 tons year ago, while various copper and iron prices at London and local foundry markets reflect a mixed but firm tone.
MENTIONED IN THIS ARTICLE
New York
Standard
Tober
Ndow
Custom House
Cleveland
London
Northern
Southern
Southern Soft
Gil Quotations From City and Midwest Markets
Credit balances stand at 1.30 with totals of 212 20 in runs and an average of 196 741. Shipments reach 301 935 with an average of 827 407. Tatedo Ohio reports North Lima 92 and South Lima 77 while Indiana shows 77.
MENTIONED IN THIS ARTICLE
City
Tatedo
Ohio
North Lima
South Lima
Indiana
Interior plans approved for Washington post office project
Postmaster General approves interior arrangement for a new Washington post office near Union Station to be connected by electric mail transfer trucks. Project team includes Granfield Merritt Washington Sands and Galbraith with Burnham, bids to be called soon. Building expected to take two to three years to complete.
MENTIONED IN THIS ARTICLE
Hitchcock and Commission
Washington
Union Station
Department
Chicago
D. H. Burnham & Co
C. P. Granfield
Norman A. Merritt
John Washington
New York City
Edwin Sands
F. H. Galbraith
Chicago City
Truth in advertising keynote at seventh ad clubs meeting
Col Roosevelt writes urging honesty and decency in ads as Boston hosts the seventh annual Associated Advertising Clubs of America session. Delegates from the United States Canada and Britain, about 3000 strong, discuss ethics while Boston flags wave and a moonlight harbor cruise follows the opening in Faneuil Hall. Roosevelt notes magazines lead newspapers in clean copy while praising progress in advertising ethics.
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Boston
Truth In Advertising
Associated Advertising Clubs of America
Faneuil Hall
United States
Canada
Great Britain
James Schermerhorn
Detroit
Bunker Hill
Lexington
Concord
Bert M. Morse
New York
Theodore Roosevelt
Woman Sued for 150000 Mortgage Foreclosure
New York Aug 1 Mrs Helen Dwelle Jenkins principal figure in jewelry smuggling cases is sued for foreclosure of a 150000 mortgage. Plaintiffs Rebecca B Powell and others seek installments and interest due March 17 1911. Jenkins counterclaims 30500 paid for property on West Eighty sixth Street alleging false representation in procurement.
MENTIONED IN THIS ARTICLE
Jenkins
New York
Helen, Dwelle | Jenkins
Rebecca B. Powell
Jenkins Ae
West Eighty-sixth Street
Probate notices in the District of Columbia Supreme Court
The Supreme Court of the District of Columbia Probate Court lists two notices. One grants Joseph Kane, Michael Kane and others time to show cause why probate on Barbara Baldwin’s will should not be granted, with publication required in the Washington Law Reporter and Washington Post over three weeks. The second probate notice informs Cecilia I Woods heirs that American Security and Trust Company holds letters testamentary. claimants must file by May 20, 1912, or be barred from estate benefits.
MENTIONED IN THIS ARTICLE
Bacon and Morgan
Supreme Court OF the District of Columbia
Barbara Baldwin
Mosby
Joseph Kane
Michael Kane
Washington Law
Washington Post
Wright
Justice
James Tanner
Register of Wits
Supreme Court OF the
A. D
American Security and Trust Company
Charles EB. Howe
Attes
Register of Wills
District of Columbia
Alfred B. Lebt
Proposals sought by Navy Bureau for steel parts and valves
Navy Bureau of Supplies and Accounts invites sealed proposals by August 8 1911 for quantities of black and galvanized sheet steel reducing valves and oak ties to be delivered to the navy yard Washington DC Proposals refer to Schedule 3782 Blank proposals will be provided on request T J Cowie Paymaster General US Navy Also DC Commissioners announce sealed bids by August 10 1911 for sheet steel lockers assembly hall chairs and three cabinet cases with forms available from the purchasing officer Specify which items to bid on CST Rudolph John A Johnston William V Judson Commissioners DC
MENTIONED IN THIS ARTICLE
Bureau of Supplies and Accounts
Navy Department
Washington, D C
Navy Yard
Washington, D. C C
Bureau
T. J. Cowie
U. S
Office OF the Commissioners OF the
District of Columbia
Washington
D. C
Rudolph
John A. Johnston
William V. Judson
Westinghouse Firm Chooses New Officers
Edwin M Herr elected president of Westinghouse Electric and Manufacturing Company at a board meeting in New York. Edwin F Atkins is removed from responsibility as president. Board names Robert Mather as chairman Loyall A Osburne Charles A Terry and Harry P Davis as vice presidents George P Hebard and H D Shute as acting vice presidents James C Bennett as comptroller Warren H Jones as treasurer and assistant secretary Davis becomes vice president in charge of manufacturing and engineering
MENTIONED IN THIS ARTICLE
Edwin M. Herz
Electric Manufacturing Company
New York
Edwin M. Herr
Westinghouse Electric and Manufacturing Company
Edwin F. Atkins
George Westinghouse
Robert Mather
Loyall A. Osborne
Charles A. Terry
Harry P. Davis
George P. Hebard
H. D. Shute
James C. Bennett
Warren H. Jones
Osborne
Mr. Terry
Mr. Davis
East Pittsburg Works
Americans Escape Fire At Kurhaus Pyrmont Hotel
Special to The Washington Post reports a fire at the Kurhaus restaurant and hotel in Pyrmont Germany caused by spontaneous combustion of fireworks. Guests including Americans escaped in night clothing as flames swept the building in the Emmer River valley where mineral springs have drawn visitors since the sixteenth century.
MENTIONED IN THIS ARTICLE
Washington Post
Berlin
Kurhaus
Pyrmont
Emmer
Bondholders sought for American Tobacco Company trust committee
Supreme Court directions call for a method to dissolve and reorganize the tobacco trust to harm none of the public or private property rights. A bondholders committee invites holders of Forty Year Six Per Cent Gold Bonds to deposit bonds at Guaranty Trust Company of New York by August 2, 1911, with powers of attorney and to obtain deposit certificates.
MENTIONED IN THIS ARTICLE
American Tobacco Company
Supreme Court of the United States
United States of America
Guaranty Trust Company of New York
Guaranty Trust Company OF
New York
Nassau Street
New York City
Supreme Court
Eata Onde
New York Stock Exchange
Alexander J. Hemphill
T. DE Witt Cutler
Howland Davis
J. Horace Harding
Albert H. Wiggin
Guaranty Trust Company
Consolidated Tobacco Company
Amertiga Tobacco
Ier
Central Trust Company OF
Wall Street
New York Stork Exchange
An. Wallace
Bondholders urged to deposit securities for Supreme Court plan
A committee of bondholders seeks to protect interests after the Supreme Court ordered dissolution proceedings for The American Tobacco Company and the Consolidated Tobacco Company. Holders of four percent bonds are urged to deposit at Guaranty Trust Company in New York to receive transfer certificates, with full action needed within six months.
MENTIONED IN THIS ARTICLE
Morton Trust Co
Guarantye Trust Compan
Supreme Court of the
United States
American Tobacco Company
Circuit Court of the
American , Tobacco Company
Honda
Tobsces Commins
Equet
Consolidated Tabagon + Company
Ompany
New York
Nassau Street
New York City
Consolidated Tébecro Company
Supreme Court
Deposit terms for 1911 certificates listed on NYSE
Deposits accepted through August 20 1911 with copies of the deposit agreement available after July 1 1911 from the Guaranty Trust Company or the Committee Secretary. Committee aims to list deposits on the New York Stock Exchange. Dated New York July 18 1911. Committee members include Marles, Sabin, Lehman, McAllister, McRoberts, Sloan, Sloan, Sutton, EVarts Choate. Counsel: Evarts Choate & Sherman. Nassau Street address.
MENTIONED IN THIS ARTICLE
Guaranty Trust Company
Lsted
New York Stock Exchange
New York
Marles
Sabin
Tilip Lehman
R. McAllister
Samuel McRoberts
Samuel Sloan
F. J. H. Sutton
Nassau Street
Evarts, Choate & Sherman
Joseph H. Choate
Lawrence Barnum & Co
St. N. W
Washington
D.C
Philadelphia
Pittabarg
A. G. Plant & Co
Evans Arcade
Washington Stock Exchange
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