Harriman Railroads Plan Retrenchment Amid Market Decline
The New York stock week opened with profits taking and heavy selling in Union Pacific, Reading, and United States Steel. Harriman roads announce retrenchment affecting thousands of clerical staff and possibly operations, while heavy U S Steel pressure grows as rumors of price cuts circulate. Bond weakness persists as markets show cautious activity and delayed guidance from authorities.
MENTIONED IN THIS ARTICLE
Harriman
New York
Union Pacific
Reading
United States Steel
Southern Pacific
Taft
Department of Commerce and Labor
Philadelphia
Pittsburgh
Wall Street Gossips on Railroads and Market Decline
Special to The Washington Post from New York reports a broad stock market drop with railroads down 1.12 percent and industrials off .87 percent, near week’s end. Union Pacific cuts 2,500 jobs amid retrenchment rumors while Judge Lovett defends management. Texas Company falls sharply on unfounded distress rumors. few stocks post gains including American Woolen. Pennington of Soo Lines notes rains aid North Dakota crops with better-than-expected hay and forage outlook.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Harriman
Union Pacific
Pennington
Soo Lines
North Dakota
U. P
Charles E. Howe
American Security and Trust Company
A. G. Plant
A. G. Plant & Co
Plant
Treasury daily balance and bond holdings report 1911 New York
The United States Treasury daily balance details for New York on August 19 1911 show customs receipts 1 687 536 82 internal revenue receipts 1 687 536 82 miscellaneous receipts 128 824 03 total postal receipts excluded 2 704 589 98 disbursements 2 038 708 15 surplus 666 381 83 month to date 5 185 861 13 deficit year to date 21 277 001 73 beginning day gold coin bullion gold certificates and a long list of securities and bank holdings including United States notes silver dollars and various railroad and industrial bonds with numerous figures and accounts across Trust Funds Reserve Fund and national bank deposits.
MENTIONED IN THIS ARTICLE
Deel Soetar
Busi Ness
United States
Treasury
Armour & Co
Rebml Rwemant
Atehison General Fs
Atehison
Atchigan
Baltimore & Obia
Baltimore & Ohio Ae
Baltimore and
Ohio
Chesapeake & Ohio
Chicago & Alton
Chicago, B. & Quincy
B & Quincy Gen
Chicago
Mul & St. PL
Chicago, R
Pacific R. B. Col
Delaware and Hudson
Denver & Rio
Inter. Mare. Marine
Japan
Lake Shore
Louisvile & Nashville
Misaouri
Kansas
Tesas
Amiasouri
Kansas & Texas
Misaouri Pacific Éa
Miscouri Pacific Co. Se
National Railways of Mexico
Sarry
New York Central
York Central
New York, New Haven & Hartford
Norfolk and Western
Northern Pacifec
Northern Pacific
Oregon
Fanama
Peonsylvenia
Pennsylvania
Reading
St. Louis
San Francisco
Ss. Louie
Louis Southwestern
Loute Southwestern
Gold Seaboard Air Line
Bouthern Pacific
Southern Pacific Co
Bouthern Pacific R. R
Southern Railwer
Bouthern Railway
Union Pacific
Union Pacific Ovtsition Pacific
Wesans V. &. Rubber &A
Steel
Virginia
Caroling Chemical Ba Wiabaah
Wabash
Western Maryland
Wootinghouss Electric Co
Philadelphia Markets Aug 44 Wheat Corn and Butter Prices
Philadelphia market report shows wheat firm with a 4 cent rise at No 2 red export, corn 2 yellow firm for local trade, oats firm at 20 to 30 higher, butter extending gains, eggs steady with higher cheese and poultry prices. Fresh killed fowls and broiling chickens quoted nearby, Western prices include dressed and live offerings. Potatoes listed with scattered figures.
MENTIONED IN THIS ARTICLE
Philadelphia
Western
Pennsylvania
New York
Jerney
Asa
Baltimore
Maryland
Ohio
West Virginia
Virginia
Eastern Shore
Southern
North Carolina
Baltimore Fruit and Produce Association
Washington Stock Exchange Bond and Stock Listings
Sulex Regular call and Capital Traction railroad issues show trading at 111 and 128 percent respectively. Washington Gas and Mergenthaler Linotype also listed with par figures and percentage prices, alongside Second National Bank and other utilities and bonds in varying lots.
MENTIONED IN THIS ARTICLE
Sulex
Capital Traction R. R. Sa
Wash, Ry
Petomar
Atten call—Capital Traction RR
Georgetown Gas
Washington Gas
Anacostia and
Potomac Gs
Potomac
Columbia
Mort
Calumbia Fa
Washington
Alex
Mt. Vernon
Potomac Electric Cons
Potomac Electric Power
Cghegépeake
Potrmec
Washington Market
Norfolk
Ge. Riggs Reality
Capital ‘Traction
Elec
Washington-Virginia
Georgetown
American “Telephone and Telegraph
Great Falls
Old Dominion
Morgenthaler Linotype
Lanston Monotype
Greene-Cananea Rational
American Panel
Lincoln
Trust Company
American Security and Trust
National Savings and Trust
Fair Union Trust
Washington Loan and Trust
United States Trust
Ss Merchants and Mechanics Savings
Union Savings Ee
Bank of Commerce
Washington Savings
Provident Savings
Arlingtonn
Corcoran
Boston Closing Prices and Market Rundown
Closing prices across metals and commodities show steadiness in copper and silver. notes on New York bond and mercantile paper rates, with minor shifts in copper stocks and government securities. Butter output tallies at 89,300 pounds as part of agricultural market data from Aug. 21.
MENTIONED IN THIS ARTICLE
Boston
Bos
Corb
Butte Coalition Centeenialt
Kaat Butte
New York
Cananen
Bhandon
Palo Maraller
Wall Street Dull on Washington Stock Exchange Activity
The Washington Stock Exchange saw light broker attendance and little interest in securities. Bond bids mostly trailed last week, with Capital Fraction at 111 and limited sales. Washington Railway and Electric 4s drew demand but few shares. Union Pacific decline discussed. treasury resignations and postal savings bank expansions noted.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Washington Railway
Electric
Potomac Electric Consolidated
Lanston
Capital Traction
Washington Gas
Second National
New York Produce Prices Wave Through Mixed Commodities
New York August market report shows steady to firm tones across dairy and meat lines with strong creamery products and butter firsts while cheese and lard hold firm. Grain and oil commodities remain mixed with oil, coffee, and peanut futures showing varied activity alongside steady flour and pork markets.
Live Stock Markets Include Mixed Cattle and Hog Quotes
New York and Chicago market notes show receipts in thousands for cattle hogs calves and sheep. Prices vary by category with firms on some hogs and calves while cattle steady to lower. fruits vegetables eggs butter and dairy products listed with wholesale quotations.
Cotton Market Rises After Weather Outlook In New York
In New York on August 21 the cotton market moved up after improved English labor reports and a weather map that showed no additional rains in the Southwest over Sunday. The day opened higher, extended to several points above the prior low, and finished steady to a few points higher with no change at the close.
MENTIONED IN THIS ARTICLE
New York
Baltimore Markets Report Massively Ambiguous Prices
Baltimore markets overview with varied commodity quotes including wheat corn rye poultry hogs and dairy. The report lists price ranges for grains and livestock across regional markets with notes on quality grades and regional variations.
Lieut Rutherford Leads Cavalry in Revolver Contest Win
Camp Perry Ohio August 21 special to the Washington Post riflemen from regular service teams contesting the President's match. Lieut A Rutherford United States Infantry perfect in skirmish run and led at 600 yards, Ohio team set a record with 595 at 80 yard, Cavaliers beat Squadron A New York by seven points to win the championship revolver team match with totals of 1 076 to 1 069.
MENTIONED IN THIS ARTICLE
Colorado Cavalry
Squadron A
New York
Washington Post
Camp Perry
Ohio
A. Rutherford
United States Infantry
Rutherford
U.S
iGorp
Lloyd
U. S. Marines
Vanamburg
Mass
Cavenaugh
U. 8
Johnson
Durdette
West Va
Marion
Delaware
Clausel
Putlehauser
Herrick
Army Infantry
Massachusetts
Pennsylvania
Maryland
Cavalry
Texas
Navy
Colored Cavalry
D. Fire
R. Fire
Colorado
Watch Falls in Sewer in Alexandria While Timepieces Compare
An Alexandria carpenter, John W. Brissey, dropped his gold watch into a sewer trap while neighbors discussed the nine o clock hour. City workers fished it out an hour later. the watch was undamaged. Also notes on pastor Rev. John Cavanaugh's transfer, a forthcoming marriage, and a four-house project on King Street.
MENTIONED IN THIS ARTICLE
Washington Post Bureau
King Street
Alexandria
John W. Brissey
Brissey
City Hall
William Grady
Dana
Brigsey
Kendrick Divorce Suit Seeks Injunction Against Husband
Mrs. Alice M. Kendrick sues George F. Kendrick in the Supreme Court of the District of Columbia for absolute divorce charging statutory offense and generous squandering of $500 earned by herself. She claims he withdrew $2,000 and spent $900, seeks to bar further payments by the building association. Married April 26, 1887, they have four children. Wilton J. Lambert and Rudolph H. Yeatman represent her.
MENTIONED IN THIS ARTICLE
Husoana
Alice M. Kendrick
Supreme Court of the District of Columbia
George F. Kendrick
Government Printing Office
Building Association
Wilton J. Lambert
Rudolph H. Yeatman
Troops foil Tail delivery attempt at Lisbon prison
Lisbon August 21 police say a mob attacked Limoeiro Prison attempting to free about 400 political prisoners. Sentries were overpowered but troops arrived as gates were torn free. would be rescuers fled. Separately 117 dissident sergeants from various regiments met in Balem suburb condemning government. War minister sent cavalry. five escaped. In Omaha Bryan club endorses Wilson for president.
MENTIONED IN THIS ARTICLE
Lisbon
Limoeiro
Balem
New York grain market reports mixed futures drift
New York on August 21 reports quiet but firmer futures in wheat on Northwest and Manitoba strength and poor thrashing results. Spot No 2 corn steady with 71 1/2 cents for b afloat. Oats steady with prices for new standard white and various No 3 and No 4 grades. Receipts and shipments listed for grain, corn, and oats with several price levels noted.
MENTIONED IN THIS ARTICLE
New York
Duluth
Northwest
Manitoba
Canada
Chicago grain markets show mixed gains amid weak public demand
Wheat in Minneapolis and Winnipeg rose strongly while Chicago prices advanced only slightly as public participation lagged. Oats gained and corn fell, with wet spring weather boosting road to higher values. Cash wheat stayed firm with limited supply, and forecasts warned of frost in Alberta and Saskatchewan.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis
Winnipeg
Corm
Continental
Liverpool
Alberta
Saskatchewan
Iledeo TS
Metal markets News Update from New York August
The metal market report shows copper dullness with spot and futures quotes around 12.12 to 12.30 in various months. London prices for spot copper at £38 3d, with 57s 1d for futures. Arrivals at New York today total 44 tons and exports for the month reach 18,606 tons. Iron prices in London firming early, with Cleveland warrants at 47s and $4. No. 1 foundry iron Northern at 15.60–18.00, No. 2 at 15.25–16.75, and Southern varieties around 15.00–15.50.
MENTIONED IN THIS ARTICLE
Eee Ae
Atlis-Chalmers
Kansas City Southern
Amalgamated Copper
American Agricultural Cs
Lehigh Valley
Minneapolis
St. Loui
American Car and Foundry
Minn
At. P Anid
American Cotton Gil
Kansas
Texas
American Tobacco Pfa
Northern Pacific
Jazi
Pacifc
Anaconda Mining
Pacific
Toe
Atchison
Tory Front
Pennsylvania
Atlantic Coast Line
Baltimore and Ghic
Pitts
C. Ca Us
Gog
Pittsburgh Coal
Hi Central of
New Jersey
Ing So
Chesapeake and Ohio
Republic Ste
Chicago and Altonde
Republic Steel St
Chicago Great Western
Rock Island Co
San Fran
Chicago
Northwestern Haz
Louth Southwestern
Chicago, MI
Pau
Dst. Louis
St. Louis Southwestern Ptd
Slose-Shef
Steel and Iron
Colorado Fuel and Iron
Coloreds
Southern
Southern Pacific
UNAM
Consolidated Gas
Southern Railway
Delaware and Hudson
Tennessee Copper
Denver and Rio Grande
Texas and Pacific
Denver and
Rio Grande
Sores
Toledo
SL Souls
Weat
Distillers’ Securitie
Union Pacific
St. Land West
Ptd
Erie
General Electrone
United States Rubber
Goldfield Con
United States
Great Northern Pfd
United States Steel Pl
Great Northern Ore Ctfa
Utah Copper
Trinda Central
Virginia-Carolina Chemical
Interborough-Afet
Va.-Caro. Chemical
Nter
Harvester
Interborough- Met
Inter
Western Mi
International Paper
Weatinghouse Electric
International Pump
Western Union
Town
Wheeling
Lake Erie
Jee
City Southern
A Ee
W. B. Hibbs & Co
Hibbs Building
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
New York
Buiten
A. Seuunds Stets
Muest
State
Pennsyvania
Heanery
South America
Brazil
Muscovada
Rio
Santos
Cordova
Liverpool
Lowon
Fagey
Virginia
London
Custom House
Cleveland
Norther
Southern Tana
Safe Investments In Real Estate In The District Of Columbia
The safest investments are those that do not fluctuate in unsettled markets. First deed of trust notes secured by DC real estate are edge investments, exempt from personal property taxes and not dependent on individual or corporate financial stability. We offer values from $500 upward. Request the booklet Concerning Loans and Investments by Hensey Co. 727 Fifteenth Street N. W.
MENTIONED IN THIS ARTICLE
District of Columbia
Bankruptcy Notice in Supreme Court of the District of Columbia
The bankruptcy proceeding for George Young announces a request for discharge from debts. Creditors and interested parties must appear in opposition at the Clerk of Court by October 31, 1911, as directed by William M. Hallam, Referee in Bankruptcy.
MENTIONED IN THIS ARTICLE
Supreme Court OF the Distrix of Columbia, Ag
Court of Bankruptcy
George Young
Clera
William M. Hallam
Equity and criminal dockets dominate DC Supreme Court record
District of Columbia legal notes show rule returnable dates for Maloney v Maloney and Lenovits v Newman, ad trustee appointment, and multiple estate probates. Criminal calendar lists United States v Hely for assault, v Powell for robbery, and others with bonds and warrants. Public records detail numerous real estate conveyances and property divisions across Northwest and Southeast tracts, with hundred-dollar to ten-thousand-dollar transactions and mortgages.
MENTIONED IN THIS ARTICLE
Supreme Court
District of Columbia
Equity Court
Justice Stafford
Maloney
W. A Coombe
Maddox
Young
A. Leftwich Sinclair
W. Clagett
Lenovits
Newman
Pinintif
B. H. Bosley
R. F. Downing
G. A. B. Ranvin
George
F. W. Weltzel
Criminal Court
United States
Martin Hely
Frank Frazzano
Annie Brown
Walter Powell
Delayed Rescue for Picture Four Men From Lake Quannapowitt
Four men were saved from drowning after their post capsized on Lake Quannapowitt. The rescuer delayed photographing them from a motorboat. F Peterson and the others were dumped into a foot of water. Saunders and Heath arrived in a powerboat at the last moment to aid in the rescue. In a separate item, Schwab denied merger rumors linking Bethlehem Steel with Lackawanna and Republic Iron and Steel to oppose United States Steel.
MENTIONED IN THIS ARTICLE
Washington
Wakefield
Mass
Lake Quannapowitt
F. Peterson
William Short
Robert Yamin
FE. Hansen
C. Saunders
Frank Heath
Saunders
Schwab
Bethlehem
Charleo
Bethlehem Steel Company
Lackawanna Steel Company
Republic,Iron and Steel Company
United States Steel Corporation
Also Mentioned on This Page
Federal Department
Western Railway
West
Bank of England
Wall Street
Congress
NEW York Stock Market
THE
United States Treasury
Curb Market
Aoe
Askad
American Steel Foundry
American Steel Foundry Ab
Adama Express
American Tobacco
Bee
Braden
Girovy Cour Ou
Ah Mason Valley
Utah
Southern Bell Be
Nipissing Mines
Western Pacific
Yukon
Qhin
Au Baume
Trdiana
Lima
Elgin
Local Financial
J. Castle Ridgeway
District National Bank
Robert N. Harper
Atlantic City
Mr. Stone
Frank W. Stone
National Savings Bank
Maine
Woodbury Blair
Frst
Bar Harbor
James F. Hood
Mr. Hood
Europe
BR. G. Custis
Dr. Custis
St. Lawrence
Edward R. True
Treasury Department
United States Treasurer's Office
True
McClung
Mr. True
Department
Treasurer's Office
Presiden Lincoln
Daniel H. Burnham
Union Station
Col. Cosby
J.G. Robinson & Son
Robinson & ‘Son
Arthur L.smith & Co
Postal Savings Banks
Lee McClung
Postal Savings Bank
Washington. c
Hitchcock
Newark
N. J
Chicago Postal Savings Bank
Noro and Western Ralway
United States District
Keller
Interstate Commerce Commission
Monetary Board
National Monetary Commission
Senate
House
Monetary Commission
Commission
Reeves
N. Lehman & Bro
Catte
Blatermore
West Viresinfa
Southwest Virginia
Tennessee
Tency
New York State
New
Larga
California
Niagara
Concord
Bartlett
Cotton
Ravannah
Charleston
Wilmington
Seas
Houston
Auguste
Memphis
Louisville
France
Continent
Great Britain
Mexico
Washington Cattle Market
John Cavanaugh
Free Methodist Church
Brocely N
Cavahaugh
Cavangueh
Hilda Ross
Hilda Maysioss
William Ross
James
L. Carlton
Allendale
5. C
Trinity Methodist Episcopal Church
G. A. Luttrell
Carlton
Schuler Bros
Knight & Rodgers
Peyton Street
Alao
Bryan
Wilson
Omaha
Nebr
Jacksonian Club
W. J. Bryan
Woodrow Wilson
Hig
W. B. Hibbs & Coo
Lchicago Board of Trade
Bibbs
NEW York Grain
Chicago Grain
National Savings and Trust Company
N. Y. Ave
Swartzell, Rheem
Hensey Co
Fifteenth Street
N. W
Evans Arcade
Washington Stock E Xchange
Isaac E. Schwarz
W. H. Hutcheson
John H. Keenan
McCalmont
Maurice Hats
William A. Lockwood
Anna W. Lockwood
Brandenburg & Brandenburg
William
P. Stack
C. H. Pet
John A. Brown
John Ridouts
Christopher ©. Graham
Michael J. Frawley
Sheehy & Sheehy
William Timlick
Mary Timlick
Thomas Beckett
George R . Kendrick
R. H. Yeatran
Elisabeth J. Maddox
Sarah & Young
Fiainul
J. W. Clagett
Association For Works of Mercy
William A. Swimley
Capital Traction Company
W. J. Lambert
R. H. Yeatman
Rochester Distilling Company Ve. New Fredonia Hotel Company
L. P. Loring
Twenty-Fifth
E Streets
Charles R. Newman
Marie B. Sul- Mven
E Street
Thirteenth
Fourteenth
Newton C. Blanchard
Bessie L. Brown
Andrew H. Gay
Jono H. Gay
Same
Anna M. G. Price
Sophia G. Craw
Lavinia B. Shallcross
Anna G.B. Plater
Francis B. Ewens
Bessle J. Brown
Susan B.whiting
Edward G. Butler Et
Alfred H. Lawson
Wisconsin Avenue Park
Dame
Kevin M. Stith
Villa Park
Clara A. Marden
Zéwin F
Harvey J. Dultsman
Mount Pleasant
Pleasant Plains
Eunice M. Lewis
Carl J. Bergmann
Kenilworth
Thomas F. Alsop
Zadoc M. Brady
Washington Heights
Edwin L. Wilson
Laventa J. Perkins
Volta Place
Claud Livingston
Helen Clerkuph
Whitney Close
James E. Hoye
Alfred
Katharine Higbie
ST. Catherine Street
Charle
Gordon Et Ax
William E. Colbert
Eslin
Charles ©. Rice
Cora E. Gray
Mary E. Pratt
Mary C. Partlow
Petworth
Harry Wardman
Louie C
Huth
Joseph
Elizabeth
Rice
Norton
Rederick Blackwell
Grant Park
John P. F White
Robinson White
Beverly
Gertrude Brooks
Eleventh Street
Liven
Harry A. Grant
Jar
Suland
George L. MicCurdy
John Hatslip
Resau Les
John Ry
George J. McCurdy
Olive H. L. Pratt
Square
Mary F. Hill
James Berry
William McK. Clayton
Associaton
Helen M. Smith
L. W. Richardson
Riggins Terry
Capital Realty Company
Anna M. Murro Te Saine
H. F. Mandler Company
Potomac Tlights Lana Company
O J. W. Menelli
Thomas Brooks
W. F Jackson
Ellen C. Driscotl
Washington Loan and Trust Company
Equitable Cooperative Building Association
Lot Eslin
EB. Gray
Samuel H
J. Louis Willige
Ernest H. Daniel
Charles O. Rive
Louis C. Huth
Percy Thompson
Morton J. Luchs
Thomas I. Bones
Joseph A. Hice
Fame
Martin L. Gottwals
Harix M. Packard
J. Clarence Price
Recura Citwens Savings Bank
Low Square
George H. Carroll
John A.masele
Christian J. Gockeler
Hobinson White
Fossil
R. BE. Hile
Harry F
Ioe
Auto Raneer Dr
Dol. Clinger
Percy V. Halli
William Mrs. Clayton
Square Effingham Place
Katherine
George Lo MrcCurdy
B. Francis Saul
Norman L. Lanzbury
John R Halslip
W. Hendrick
Harry Wardmar
Thomas P. Bones
Middaugh & Shannon
Wharton Lester
Michael J. Colbert
National Permanent Building Association
Edward Quigley
Ernest J. Schmidt
George M. Emmersigh
L. L. Perkins