Reading Market Caution Amid Surge and Speculation
A portsmouth based financial note warns that stock market strength masks underlying risks from speculation and margin trading. It highlights Reading stock as a case of price inflation tied to limited share lockups, notes recession risks in September, and cites heavy loan expansion plus low bank surplus as worsening readiness for crop season demands.
MENTIONED IN THIS ARTICLE
Portsmouth
New York
Russia
Japan
Europe
Wall Street
Berlin
Vienna
Manchuria
Reading
Occas
Banka
Manhattan Island
Daniel F. Kellogg
New York Cotton Market Opens Firm Amid Weather Hopes
The cotton market opened quiet and firm, with futures showing a slight decline at first and advancing in late morning trading on dry hot weather in Texas and rumors of stronger spot demand. Near month contracts moved on weather and supply concerns as traders monitored tower cables and speculation persisted about price direction.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
F' Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Fhono M
New York Bank Statement Highlights Week Declines
New York August 96 statement of averages at the floating banks shows loans at 4 144 807 000 and deposits at 3 181 024 260. Over the week deposits decreased 7 466 800 and the reserve requirement fell 1 864 700. The daily average bank clearings were 262 000 000, with 201 787 565 on Saturday, as seven institutions reported 2 406 000 net loan reductions and eight banks lost 2 000 000 net cash.
MENTIONED IN THIS ARTICLE
New York
U. S
New York Associated Banks
Canada
Emsn
Tobacco prices gain brisk trade in choice lots
Reports from South Huston Virginia, Danville and Durham Virginia detail brisk sales of primings and old wrappers on the tobacco market. Prices rise for clean color primings up to ten dollars per hundred, with supply tightening for old tobacco. Harvests proceed under hot dry weather, with curing progressing and plans to house most crop by September 20.
MENTIONED IN THIS ARTICLE
Washington Post
South Huston
Danville
Durham
WN. C
Golden Belt
Aumuet
Oil Prospecting Near Centerville Maryland
Prospectors press forward near Centerville Prince George County Maryland as fresh drilling begins led by Al Hamil famed for Spindle Top. Investors Guffey Galley Robinson Stewart push tests amid gas bubbles oil seeps and new derricks while surveys dispute depth to crystalline rock.
MENTIONED IN THIS ARTICLE
Centerville
Prince George County
Washington
Baltimore
Texas
al Hamil
Lucas
Beaumont
Hamil
Guffey & Galley
Pittsburg
William C. Robinson & Son
William W. Stewart
Marlboro Turnpike
Los Angeles
Geological Survey
Mount Vernon
Washineton
Bealoista
Cuffey & Gailey
William C. Robinson
Money to loan on real estate in DC at four percent
Several lenders advertise real estate loans in Washington DC with rates around 4 percent and loan amounts from 100 dollars upward. Firms include Moore & Els Inc and A F Fox Co Inc offering prompt replies and various terms. Some ads promise 6 percent or 8 percent options and emphasize security and fast processing.
MENTIONED IN THIS ARTICLE
Box
Washington, D. C
Abrison- Rowning CO
D. C
Frank T. Rawlings
Pa. Ave
Arlington Fire Insurance Company
People’s Savings Bank
14Th St. Mw
JAS. M. York & Sons
Gat
Thos. J. Fisher & Co., Incorporated
Metzerott
C. A. Baker
District of Columbia
Walter H. Acker
Moore & Els Inc
14Th St
A. F. Fox Co., Inc
Reed
Corcoran
15Th St
D.C
N.Y
Radar
Aoa
Jarae
Fyler & Ruther
MONDY
WM. H. Saunders & CO
F St. Aw
Washington
F Street
N. W
District of Columbis
Heiskell
McHeran
F ST
Moat
Ecity
Ted
Potomac Guarantee Loan CO
F Street N. x Atlantic Building
Surety Loan Company
Warder
Foxton
Metropolitan Loan and Trust Co
E Street N. W
Mutual Loan and Trust
SSF
Raat
Coun
Francis Praises Exhibit at Portland Fair Visit
President David R. Francis of the Louisiana Purchase Exposition lauds the Lewis and Clark exhibit in Portland. He praises the government exhibits, machinery and transportation displays, and the art collection, noting the site’s fit and the management’s judicious use of resources.
MENTIONED IN THIS ARTICLE
St. Louis
Portland
Washington Post
Oreg
Lewis and Clark Hix
David R. Francis
Portland Enterprise
Francis
Mery
Goode
Quantrell Guerrilla Reunion Draws Cole Younger At Independence
Kansas City report from August 27 notes Cole Younger, central figure, among a crowd in Independence for the Eighth Annual Quantrell’s Guerrillas reunion. The event focused on old times, with badges bearing Quantrell’s portrait and no speeches or political agenda, while Jim Cummings attended and appeared youthful.
MENTIONED IN THIS ARTICLE
Cole Younger
Independence
Kansas City
Quantrell
Lawrence
A. J. Ldddlt
Jaetics
Jadeon
Judee ‘Liddil
Golo
Walla
Judas Liddil
Frank James
Fudge Liddll
L Rank
James
Jim Cummings
Excelsior Springs
New York Produce Markets Mixed and Unchanged Receipts
New York prices show mixed notes across dairy and grain lines with receipts totaling 8607 for cheese and 9 127 for eggs and hides. Western poultry and flour futures hold steady while rye flour and cornmeal show firmer tones. sugars and oils see modest fluctuations in a busy import/export day.
MENTIONED IN THIS ARTICLE
New York
Minnesota
Pacific Coast
Galveston
California
Texas-dry
Indiamese
Philadelphia
Baltimore
Ingenious bottle refilling contrivance collapses with use
Internal revenue officers investigate law on refilling bottles of bonded goods by saloon keepers. An inventor patented a telescope bottle with plungers that empties contents so the bottle becomes worthless and cannot be refilled. The device aimed to control pouring amounts rather than protect the government.
MENTIONED IN THIS ARTICLE
Internal Revenue
Interned Russians Turned Out of Palace Hotel San Francisco
Two officers from the Lena transport and two women were ejected from the Palace Hotel by the night watchman. Capt. Ginther and Capt. Ratmanoff of the Lena were identified in the incident. The women, one claiming alliance with a Russian diplomat and the other from New York, had dined and ridden at midnight prior to the ejection. A separate note mentions Swift and Company meat prices ending the week at 6 5/8 cents per pound.
MENTIONED IN THIS ARTICLE
San Francisco
Washington
Cal
Lena
Mare Island Navy Yard
Palace Hotel
Ginther
Ratmanoff
Palace
Samuel Smith
Russia
Miss Allyn
New York
Rat Meat His Only Diet Feasts on Rodents
Columbus Georgia August 27 Morris West a well known resident lives largely on rat meat. He works for a drag line and spends time in city warehouses where he traps rats. West says he has eaten rodents for two years and that the meat is clean and tender like squirrel.
MENTIONED IN THIS ARTICLE
Columbus
Morris West
West
Stealthy Heart Cure Ad Promises Quick Relief
Ad claims Dr. Agnew's Heart Cure can relieve palpitation breathlessness and vertigo within 20 minutes, with a 95 percent radical cure rate. Marketing notes nerve support and digestive claims, listing sellers in Pittsburgh area druggists.
MENTIONED IN THIS ARTICLE
Dr. Agnew
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Dominal
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Lin
OUL
Ize Am
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OFEN
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the Billbo
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Arthur Carr
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THE
Commercial National Bank
Washington Loan & Trust CO
Fegiatrar
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14Th and
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Arthur Wall
Lynn, Wall & Co
F Street Northwest
Adams Building
CMN
Greulich, Martin & CO
Wade & Hedges
M. J. Sage & Co
Broadway
Atlantic Building
Chesley & Spence
Werner
John Paul Jones
Interned
Swift and Company
P. G. Affleck
Stone &Pools
Pa. A
Riggs Wank
FA. Ave
Ofposith U. , Treasury
Mem
Maryland
R. Flist
Ron Mtn
So. Ry
Mo. Pac
WM. A. Read & CO
Bers
Fess
National Loan and Investment Co
Sts. N. W
U. S. Treasury
Asf
M. W. Gov
Capital Loan Co