Tobacco shares tumble as American Tobacco dividend past due
Washington New York August 2 American slaves advanced in the London market and there was no notable decline. Directors of the American Tobacco Company passed the quarterly dividend on the common stock and prices fell sharply on the curb market. Standard Oil and Allis-Chalmers shares weakened with large blocks offered. Cotton crop report ignored as steel trade reviews turn favorable and bond activity remains subdued.
MENTIONED IN THIS ARTICLE
Allis-Chalmers Company
Washington Post
New York
American Tobacco Company
Stock Exchange
Pye
American Tovacca Com
Nismn
Supreme Court
Che Fae
Conopeiay
Tie
Sita
York
Oisto
Cuminant
American Tobacco Amt
Allis- Chiters
Wall Street Gossip and Market Movements Today
Washington notes show Interstate Commerce Commission freight rate decisions rebutted by Chicago reports of a potential 23 percent class rate rise on Pacific coast shipments. Analysts contrast this with a 20 percent implied drop in overall freight across 90 percent of traffic. Schwab denies Bethlehem Steel preferred dividend plans, citing possible manipulation. Cotton conditions improve in Texas Oklahoma Arkansas South Carolina with Georgia Alabama leading gains and North Carolina lagging due to dryness. A weekly bond sale yields 2000 for the State superintendent of banks with major offerings from Granite Springs Water and Titusville and Northern lines. American Tobacco faces renewed investor anxiety after a dividend cut. Standard Oil curb trader eyes expanded office staff amid reorganization chatter.
MENTIONED IN THIS ARTICLE
Washington
New York
Interstate Commerce Commission
Chicago
Thera
Commission
Keneral
New York Stock Market Report Despite Mixed Activity
In New York trading, investors pass through a range of gains and losses as brokers at W. B. Hibbs & Co. report three shares moved. The session shows activity across major exchanges including the New York Stock Exchange and Chicago Board, with fluctuations shaping early market sentiment.
MENTIONED IN THIS ARTICLE
W. B. Hibls & Co
Lankers
New York
Chicago Board
Washington Stock Exchange sees strong prices and big advances
Washington stock session shows overall price strength with notable gains in Georgetown Gas surging two dollars a share. Mergenthaler and Lanston activity rise as odd lots mobilize, while Washington Railway and Electric faces selling pressure and the bond market remains dull.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Georgetown
Mergenthaler
Lanston
Capital Traction
Washington Railway and Electric Dominon
New York Produce Prices Mixed Amid Steady Trading
New York August 2 prices show butter firm with 13 477 packages received, cheese steady at 2 676 boxes, eggs steady at 19 581 crates, poultry dressed steady with western drensai fowls and turkeys listed, flour steady with 1 605 barrels received and 9 092 shipped, meats dull though pork firm and beef firm, lard steady with midwest quotes, cottonseed oil steady with multiple month bids, sugar raw firm, coffee quiet, potatoes steady with Southern sweets noted, peanuts unchanged, freights to Liverpool steady, veal calves and lambs prices provided.
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New York
Lsz
Middle West
Continent
Rio
Santos
Cordova
Darrel
Liverpool
Chicago grain market ends mixed amid reciprocity fears
Chicago grain closed with wheat prices steady to down as traders cited fear of reciprocal actions and a lack of foreign bids. Corn and oats posted net gains while barley and hog futures showed mixed moves. Cold rust reports from Minnesota weighed but did not trigger substantial buying. domestic cash sales remained weak.
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Chicago
Minnesota
Italy
Byrin
Brats
Getty
New York Cotton Prices Fold Under August Report
Government August condition report shows cotton at around average level with record 10 year high percentage. Market opened steady then declined on lower cables, later rallied after bureau release but new crop months remained mixed with modest gains and varied closes. Open high low and close details follow for August through May contracts.
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New York
Po ‘Ino
New York Bond Market Mixed in Global Commodities Report
Market notes show copper steady in New York with spot and August around 12.17 to 12.37, September and October futures near 12.20 to 12.97. London futures quoted, arrivals in New York cited as 186 tons, while exports and casting prices appear in varied figures for copper products and warrants amid an active trading day.
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New York
London
Caatan Howe Reurna
Lake
Cleveland
Baeshers
Southern Wate
Washington Stock Exchange Money on Call Steady
New York Aug 7 money on call steady at 2% with ruling rate 2% and close offered at 2%. Time loans stronger at 60 days 234% per cent, 90 days 3% per cent. Sterling exchange steady with bankers bills at 4.8425 for 30 day bills and 4.8610 for demand. Commercial bills 4334, government bonds steady, railroad bonds heavy.
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New York
Prime Mercantile
Sterling Exchange
Bar Wilver
Banda Heavy
Livestock Market Summary From Chicago and New York
Cattle receipts about 39,000 head with steady demand for top grades and weakness in others. Hogs receipts around 22,000 head with steady early gains and mixed price ranges. Sheep and lambs about 20,000 head, market steady with native and western lamb prices noted. New York calves receipts 1,825, veal higher, grassers steady. Hog receipts statewide show activity with prices around 7.00.
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Chicago
Texas
New York
Orr
Baltimore Markets Aug 2 Wheat Corn Oats and Poultry Prices
Baltimore markets report mixed commodity prices for wheat corn and oats with grain and poultry sections listing contracting spot prices. Includes dairy creamery butter and rolled oats plus assorted livestock and game fowl prices and regional rolls in Maryland Pennsylvania Ohio West Virginia and Virginia markets.
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Cholee
Maryland
Pennsylvania
Ohio
West Virginia
Virginia
Carolin
Washington Produce Market Quotations Drop in Wholesale Demand
Wholesale price list shows strong demand for fresh fruits and vegetables with varied regional and item quotes. Notable figures include Virginia and West Virginia produce at 12 to 17 cents, butter at 28 to 24 cents, and multiple vegetables and fruits priced by crate, basket, or per pound, reflecting a broad market with frequent regional labels and assorted lots.
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Virginia
West Virginia
Southwest Virginia
Elgin
New York State
New
California
Georgia
Florida
Philadelphia Markets Report Historic Grain and Produce Prices
Philadelphia markets show mixed activity with wheat at export elevators trading around No. 2 red near a half cent lower, corn steady for local trade, and white corn options unchanged. Eggs and cheese hold firm with Pennsylvania receipts at around 5.40 per case, while poultry prices ease for fowls and ducks. Beef and dairy items reflect regional demand, with primaries listed in moderate ranges and leafy notes on creamery products.
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Philadelphia
Hutter
Pennsylvania
Breta
New York
Outlook for Cotton Yields Emerge as Record Crop Possible
Department of Agriculture reports growing cotton crop promising record totals. As of July 25 crop condition stands at 4.1 percent of normal, up nine tenths of a percent from a month ago and 9.7 percent above ten-year July average. Estimate: final yield near 27.25 pounds per acre on 34 million acres, yielding about 14,098,000 bales of 5 pounds each, unofficial.
MENTIONED IN THIS ARTICLE
Department of Agriculture
Tobacco dividend halted amid American Tobacco Company reorganization
New York on August 2 The American Tobacco Company directors decided not to declare the usual September dividend on common stock. In a stockholders letter they cited pending dissolution and reorganization and said it would be improper to distribute earnings before court approval of any plan of disintegration.
MENTIONED IN THIS ARTICLE
New York
American Tobacco Company
Cannery Fire Devastates Hallwood Plant in Virginia
Special to The Washington Fest Cape Charles Virginia August 2 a large canning factory owned by Joan W Taylor at Hallwood burned early today destroying the plant and stock The facility produced tomatoes and flour from potatoes a new local industry The fire origin is unknown and losses are estimated at 30000 This is the third fire at the canning factory in a short period.
MENTIONED IN THIS ARTICLE
Cape Charles
Joan W. Taylor
Hallwood
Geidel murder trial set for August 21 in New York
In New York on August 2 the Geidel murder trial of Paul Geidel was scheduled for August 21. His counsel failed to obtain a delay. A 200 juror panel will be drawn from four special pools. A grand jury charged Patrick McGrane, Geidel’s associate, with receiving stolen goods based on his confession that he pawned the watch taken from the victim, banker William H Jackson.
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Paul Geidel
William H. Jackson
Patrick McGrane
Geldel
McGrane
Ian
Miller and Simmons Held for Grand Jury in Norfolk Burnings
Suffolk verdicts name Ollie M. Miller held for grand jury over the Virginia Manufacturing Company fire and Robert Simmons a Black man held on burning Montgomery Lumber Company property. Simmons confessed setting the Montgomery mills but claimed the fire was accidental.
MENTIONED IN THIS ARTICLE
Suffolk
Ollie M. Miller
Virginia Manufacturing Company
Robert Simmons
Negra
Montgomery Lumber Company
Simmons
Montgomery Mills
New York Grain Market Report August Wheat Declines
New York wheat futures slipped after better Northwest crop news and lower Minneapolis receipts, closing well below last night. Spot No 2 red new at 8% elevator and 911 fob. December and September futures moved to 95% to 96.5 with notable receipts and shipments reported. Corn and oats futures quiet with minimal moves. barley nominal.
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New York
Duluth
Minneapolia
Big Inter
Bondholders urged to deposit six percent gold bonds of American Tobacco
Supreme Court directions seek dissolution of the tobacco trust and a new equitable arrangement. Bondholders with large holdings are asked to deposit their six percent gold bonds with Guaranty Trust Company of New York by August 28, 1911, to support a forthcoming deposit agreement.
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American Tobacco Company
Supreme Court of the United States
United States of America
Aead
Guaranty Trust Company of New York
Guaranty Trust Company OF
New York
Nassau Firec
New York City
Supreme Court
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Yip
Supreme Court of the
American Tabasco Company
Consolidated Tobacco Company
Tobarcn
Shell
Guaranty Trust Company
Nassau Street
New York Ciy
Consolidated Tobacre Company
Local Committee Names Members in City Affairs
The Chairmanship slate lists Frederick Strauss, Charles Norton, Harry Bronneh, and Ernest Iselin alongside committee members, indicating a formal lineup for city governance duties. The fictional names imply a historic civic group guiding municipal actions.
MENTIONED IN THIS ARTICLE
Frederick Strauss
Charles D. Norton
Harry Bronneh
Ernest Iselin
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