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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Dec 14, 1910
Page
9
Today's stock market closed with little overall interest and modest declines, but a stronger undertone. Northwestern stocks held firm amid selling resistance, while Northern Pacific and other rail peers showed quiet strength as talks of dividend stability reduced concerns. gold imports potential rose amid a firmer bond market and improving European demand.
Total daily sales reached a reported figure as the market quotes mirror those received by W. B. Hibbs & Co. bankers and brokers in the Hibbs Building. Hibbs & Co. are members of the New York Stock Exchange Chicago Board of Trade and Washington Stock Exchange.
The United States Treasury reports steady money on call at 2 3% with bids at 3% and asks at 3% in New York. Time spans for 60 and 90 days show 4% with six months at 4%. Sterling exchange remains steady at 4.8260 for 6P-day bills and 4.8610 for demand. Commercial paper rated at 5.5% and government holdings steady. Railroad bonds also show stability.
Boston dispatch reports unsettled copper and metal prices with spot and futures quotes from Standard copper wear Greene Cananea and Mohawk Weed. Arrivals at New York total 405 tons and customs show exports of 9,794 tons this month while local iron prices stay nominal and livestock markets move varied with hogs calves and lambs noted.
New York December 13 brokers faced subdued activity with turnover at 384000 shares, many active stocks dormant. New financing rumors surfaced for New York Central but no liquidation signal. Lehigh Valley directors may decide on extra dividend next week. Bank of England rate cut noted. London Statist commentary cited. St Louis Southwestern reports October results show net decrease of 6000 with favorable comparisons.
Buyers and sellers on the Washington Stock Exchange faced a complete deadlock as brokers jockeyed for chances to move sales but achieved little. About 15008 dollars of Washington Gases traded at 108% to 108.5, a few fractional bonds at 110%, 10 shares of the stock at 78.44, and one share of Washington Railway and Electric preferred at 87. Despite reports of large blocks changing hands off the board, activity remained low with brokers preserving steady prices and broad support across active securities.
Wheat spot barely steady with No 2 red around 97 and futures drifting. December wheat closed near 98 1 8, May 1.02 and July 1.00, receipts 45 000 bushels. Corn spot easy No 2 at 55 elevator basis and 63 fob, futures untrading with small decline. December corn near 4 4, May and July 3 9. Receipts 80 260 bushels. Oats and other noted.
Alexandria City Council commends Auditor Price and the sinking fund officers after reversing debt of 745000 and exchanging most 4 percent bonds for 3.65 bonds. Unanimous reelection of August Dehlert as polls commissioner noted alongside routine city finance and street matters and a plan for a large riverfront electricity sign by the chamber of commerce. Funeral services for Mrs. Ann Dent Shively held at 104% Prince Street with burial in Ivy Hill Cemetery.
New York stock market notes list cheese and eggs steady with large receipts, butter firm, and creamery items mixed. Poultry, flour, hops, leather, pork, beef, lard, and tallow stable. cottonseed oil and coffee show firm or steady values. sugar and molasses prices also noted with various futures, while potatoes and cabbages remain unchanged.
New York receipts show cattle and hog markets steady with limited trading and dress weights. Calves and lambs similar to yesterday. Western and Indiana calves noted. in Chicago cattle, hogs, and sheep receipts and prices reflect a dull, weak trend with heavies and futures under pressure.
Mrs Henry White wife of the former American Ambassador to France underwent another appendicitis operation today in Paris. Dr Dubouchet performed the procedure at the American hospital and officials say her condition is satisfactory. She had planned to sail to America with her husband but doctors advised against further delay and expect she will sail home in about a month.
San Francisco film of December 13 reports May Yohe once more wed, this time musician F. M. Reynolds, formerly with a musical comedy company, after elopement with Maj. Putnam Bradlee Strong and marriage earlier to lord Francia Hope. The ceremony took place in Seattle.
Directors of the American Sugar Refining Company accept the resignations of Horace Havemeyer and Arthur E. Donner, removing the Havemeyer family from further participation. The page also lists wholesale prices for eggs, poultry, vegetables, fruits, and game as of the New York market.
The report lists commodity prices and market notes across cities including Toledo and Baltimore. It covers oil quotations, wheat futures, oats prices, and related market indicators such as averages and shipments. The item provides terse figures for various locations and commodities, reflecting a snapshot of daily market activity.
On December 13 in Buenos Aires friendly ties were restored after Bolivian resentment over a boundary dispute arbitrator's alleged bias. Gen. Jose Pando and Argentine Foreign Minister Portela signed a protocol reestablishing diplomatic intercourse, with Portela being replaced today by Senor Bosch.
Ex Senator William Chandler and counsel say action on the estate of Mary Baker Eddy is not determined. In Washington, George W. Glover and relatives await seeing the will language before forming opinions on any possible contest or shares. Executor Henry M. Baker will determine burial location if not dictated by will, likely with sons agreeing. Will filed in Concord New Hampshire tomorrow. church publication committee confirms details and noon disclosure.
Civil Engineer R E Peary the arctic explorer has placed sixteen gold and two silver medals in the National Museum. The collection includes the National Geographic Society gold medal for discovery of the north pole and the Royal Geographical Society gold medal for arctic exploration 1886 1909. He also donated his Delta Kappa Epsilon fraternity flag and the Peace Flag from the Daughters of the American Revolution.
Dr George Edgar Vincent dean of arts at the University of Chicago has been elected by the Minnesota regents to succeed Dr Cyrus Northrop as president of the University of Minnesota and has accepted. He is 46, son of bishop John Heyl Vincent founder of the Chautauqua Institution, and has two decades in educational work.
Kings county grand jury indicted Mario Rappo and Stanislaus Battenzo two Sicilians for kidnapping eight year old Brooklyn lads Giuseppe Lingo and Michael Rizao. Hightrotherg, the band leader, escaped indictment for now. Five suspects from an East Side tenement were examined. the boys could not identify any of them.
Judge Daniel C. Hastings of Newcastle County and a member of the Delaware Supreme Court resigns, saying he cannot support his family on a $4,000 yearly salary. He is 36, the youngest on the Delaware judiciary, and sent his resignation to Governor Pennewill.
Washington automobile dealers meet at Tok Stein's on New York avenue to draw for space at the upcoming show in Convention Hall the week of February 3. The plan prioritizes center hall double spaces for locals as outsiders may be turned away.
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