Bonds Strong as Steel Fluctuations Weaken Sterling
Wall Street steadied after a brief steel selloff sparked by shutdown reports from Gary and Joliet. United States Steel common stock rebounded from a one point dip as heavy buying supported prices, while Interborough gains fed hopes of subway control. Bond dealings dominated overhead with total sales of 2.16 million, and money flow from banks and European sources signaled optimism for an b investment market into January. Sterling exchange remained weaker amid anticipated import sales.
MENTIONED IN THIS ARTICLE
Wall Street
Sterling Exchange
Washington Post
New York
Stock Exchange
United States Steel
Chicago
Gary
United States Steel Corporation
Joliet
Mineja Steel Company
Steel Corporation
Walll Street
National Biscuit
Interborough
Interborough Company
Fife Insurance and Trust Companies
Europe
Washington Stock Exchange Becomes A Treasury Snapshot
New York December 16 The market shows steady money on call at 3 1/2 percent and 3 percent bids. Time deposits and mercantile paper hold modest rates while sterling and commercial bills trade firm. Wholesale quotes list eggs, butter, poultry, and vegetables with varied farm prices. Dressed pork and game prices are also noted as markets remain broad but steady.
MENTIONED IN THIS ARTICLE
New York
Government
Nonas
Raltrowa
Virginia
West Viginia
Southwest
Virginie
New York State
U . Poultry
Basel
Florida
California
Wall Street Gossip on 1907 Dividends and Railcar Orders
A New York dispatch reports white 119 strong on income, with dividends rising overall. United States Steel leads gains in dividends. Chesapeake and Ohio shows strong performance. Subtreasury transfers to San Francisco mark fruit-crop funds flow. Central of Georgia bonds surge on favorable Georgia Supreme Court decision. Railroads boost equipment orders with Great Northern, Atlantic and West Point, and Chicago New York and Boston active. Carnegie Steel books 20 000 tons of plates for Canadian Car.
MENTIONED IN THIS ARTICLE
New York
Allis. Chalmers
American Agricultural
American Telephone and ‘Telegraph cv
American ‘Pobacco Ja Ag Ateclean
Lota
I Armour and Co
Atchison Sisko
Atchison
Atlantic Coast Line
Tees
Haltimore Anc Ohio
Haltimore and
Ohlo & Ris
Aion
Central of Georgia
New Jerne
Chesapeake and Ohio
Chesapeake and Onto Co
Chicago
Altan
Burtington
Ahicag Huington and Chulacy
Chicagilwankee
St Paul del
Rock Island
Pacific
Rt. Col
Cleark Inland &Ad Packie Sty
Coloradi Inviuetelal
Colorado Midland
Colorado Snd Southern
Delaware
Hudzon
Denver
Tfe
Lrle
General Electric
Yar
Interborough-Metropolitan
Japan
Smile Marine
Texas
Miswouri
Kansas
New York Central
New Lord
New Haven
Nortford
Aorfolk Arm
Western
Oregon
Pepnay Nti
Can
Bt Louis
San Francisco
St Louis
San Fratesco
Loula
Steel
Virginia- Core Oo Chemical
Wabash
Maryland
Lestinghouse Liectrte Cy
Wiscondin Central
Washington Post
Alton
St. Louis-Southwestern
St Louis-Southwestern
Chesapeake and
Ohio
Industrial Se Im
United States Stteel Corporation
Supreme Court of Georgia
Great Northern
Atlantic
West Point
Boston
Carnegie Steel Company
Canadian Car Company
Mate
Brock
Galveston
Bates
Kansas City
Jawls-Chalmera
Kansas City Southern Ptt
Fiom Bavannah
Lehigh Valle
St. P
St. My Norfolk
Texel
Teady
Nat
Bogton
American Stes! Foundries
Nes Asaed Js
American Tobacco
Northern Pacific
Ae Gulfport
American Wooten
Siu
Brunewick
Anatonda
Houston
Atechison
Pacific Tel
Tel
Pennsylvania
Atlantic Coast L
Baltimore
Ohlo
Pitte
C. C
Memphis
Bathiehem
Sexe Pittaburg
Brooklye
Canadian Pacific
Venes
Pullman Palace
Cincinnati
Ulitle Rock
Central
New Jersey
Republic Steel
Repubilc Steel
Brendy
Rock Island Co
Chiergo
Pfa
Chicago Great West
Porta
Great Western Pfa
Chicago and
North Western
Ft. Louis
St. Paul
Louis Southwestern Pfd
Great Britain
France
Continent
Pe C
St Loula
Iy. A
Colorado Fast and Iron
Southern Pacific
Wee Ee Ae
Colorado and Southern
Wlyfouthern Railway
Sapan
Too
Consolidated Gaz
ABER
Southern Railway
Mexico
Com
Delaware and Hudeon- BP
Seeecu
Texas and Pacific
Tol
St. TL
West
Distillers
Securities
BEY
Union Pacific
Erie
United States Realty
United States
Virginia-Carolina Chemical
Interborough-M
Interborough-Met
Bpbsty
Wabash Pa
Inter. Harvester
Western Mi
Jinter, Marine PLC
Westinghouse
Western Union
Iowa Central
Wall Street Session Shows Stagnant Washington Exchange Demand
Brokers showed little interest at yesterday's Washington Stock Exchange session with muted trading and firm bids. Bonds moved slowly as Potomac Electric trade and local utilities touched modest levels amid dividend announcements from Georgetown Gas, Capital Traction, American National Bank, National Bank of Washington and Merchants' Transfer set for January.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Washington
HIG
Washington Railway
Btortrie
Potomac
F Electric Consolidated
Lanaton
Georgetown Gan
Eemianual
Capital Traction
American National Bank
Auarterly
A National Bank of Washington
Merchants’ Transfer
New York Cotton Market Summary and Estimates
New York cotton quotes from Hibbs & Co show a less active market with irregular fluctuations as week end positioning and the census report loom. The close dipped 2.6 points with southern spot markets steady to slightly higher while exports remain heavy and Indian crop estimates vary between sources.
MENTIONED IN THIS ARTICLE
New York
Liverpool Today
Manchester
Liverpool
Exchange Today
Midelly
Argentine export surplus shocks Chicago wheat prices
Chicago grain markets declined as traders priced in a record Argentine export surplus of 119,000,000 bushels. Wheat fell about 4 to 4 and corn and oats slipped modestly, while provisions remained steady amid bearish crop figures and thinning foreign demand.
MENTIONED IN THIS ARTICLE
Chicago
Live Stock Markets report from New York and Chicago
Market notes show cattle receipts around 2,080 in New York with steers softening and cows steady, calves mixed, and hogs rising. Chicago bids indicate strong overall tone with beef and cattle values up, hogs higher, and sheep and lambs mixed as buyers weigh demand.
MENTIONED IN THIS ARTICLE
New York
London
Chicago
Texas
New York Grain Report Sees Wheat Corn And Oats Mixed
New York on December 16 reports wheat easing with No red at 97 1/2 fob and futures steady to slightly lower after government and Argentine signals. Corn spot weak No 2 new 54 fob, futures on Dec cover with slight declines then firm. Oats steady to firm with white standard at 98 1/2 and futures mixed near unchanged. Receipts and shipments listed for all commodities.
MENTIONED IN THIS ARTICLE
New York
Duluth
Aleady
ATS
Standard’ White
Baltimore Markets Decline Clipped by Mixed Grain Quotes
Baltimore market reports show wheat steady at 95 dairy on grade, corn quiet at 51, oats quiet at No 2 white, rye firm No 2 Western domestic at 86 83. Credit balances average 123 256 with December 15 shipments 23 802. North Lima 8 percent and South Lima 77 in Toledo region.
MENTIONED IN THIS ARTICLE
Baltimore
OH Chy
Credit Balanses
Toledo
Ohio
North Lima
South Lima
Holiday trade brisk orders for rails in increase
Dun and Co weekly trade review notes brisk holiday retail demand while wholesale buyers stock cautiously. Structural steel shows best new volume yet profits thin due to low fabrication prices. dry goods inventories restrain buying. boots shoes quiet as travel salesmen return home.
MENTIONED IN THIS ARTICLE
Dun & Co
New York
R. G. Dun & Co
Pennsylvania
Sven
Brad Street
United States
Saco Savings Bank Closes After Court Action
Saco Maine December 16 The Saco Savings Bank closed its doors after a conference between trustees and State bank commissioner following a Supreme Court injunction on public business. A hearing January 3 will decide on appointing a receiver. Deposits fell from 1 434542 to 1 361481 over six months. 41 years in business with assets about 1 400 000. L R Moora president F W Nutter treasurer.
MENTIONED IN THIS ARTICLE
Saco
Saco Savinga Bank
State Bank
Skelton
Supreme Court
Saco Savings Bank
L. R. Moora
F. W. Nutter
The Metal Market Weathers Copper and Iron Prices
New York reports copper eased with spot and futures around 12.20 to 12.45 per unit, December to March contracts. London iron prices show modest ranges across foundry classes, with Northern and Southern variants cited and soft iron listed at 15.25 to 15.75. Customs data note exports of copper this month at 24,149 tons and various copper alloys or forms with mixed values.
MENTIONED IN THIS ARTICLE
New York
Lagdendall
Customs House
Tone Lake
London
Northern
Foundry Northern
Southern
Boltherm
Washington Cattle Market Report and Prices
The Washington cattle market reports calves steady hogs and sheep prices per pound for various categories. In New York, F HE Rosebrook & Co were fined $200 by Judge Hough for selling frozen eyes unfit for consumption. Hood's Sarsaparilla advertised as a tonic and alterative.
MENTIONED IN THIS ARTICLE
Washington Post
New York
F. HE. Rosebrook &Co
Hough
United States
Refund of $400000 profit in Paysal Steel case ruled
Newark December 4. A vice chancellor orders promoters to refund $400000 profit from the sale of Paysalc Steel Company Paterson. Suit by Thomas J. Arnold and stockholders against Albert C. Fairchuk Frederick F. Searing and others. Promoters earned $400000 in bonds and 33,000,000 stock. liability fixed on the bonds, not the stock. Plant in Paterson closed amid financial tangle.
MENTIONED IN THIS ARTICLE
Newark
N. J
Paysalc Steel Company
Paterson
Chancery Court
Howell
Institutea
Thomas J. Arnold
Albert C. Fairchuk
Frederick F. Searing
Japan's finances improve with balanced budget plan
Tokyo reports a completed budget showing revenues ordinary 492,158,900 yen and extraordinary 48,796,973 yen against expenditures ordinary 407,113,274 yen and extraordinary 133,221,699 yen. Premier Marquis Kataura endorses balancing revenue and expenditure and a debt repayment of 50,000,000 yen yearly. Navy spending rises to 82,000,000 yen over six years. railways near 2,000,000 yen next year with broad gauge reconstruction planned and a likely loan.
MENTIONED IN THIS ARTICLE
Tokyo
Kataura
Lansas
Japan
Nicaragua cabinet resigns as Estrada to lead new ministry
The Managua dispatch reports Nicaragua's cabinet submitted resignations to take effect year end. January 1 Gen Estrada becomes constitutional president and will appoint a new ministry including Adolfo Diaz as finance minister and Luis Mena as war minister. David Arellano may serve on a mixed commission. Tadasio Gomez, ex-finance minister, has returned from exile.
MENTIONED IN THIS ARTICLE
Managua
Nicaragua
Estrada
Adolfo Diaz
Carlos Cuadra Pasos
Pedro Joaquim Ghamorro
Tomas Martines
Luis Mena
David Arellano
Thomas C. Dawson
Fanama
Tadasio Gomez
Finance
U S Bluesjackets In London Court
Milton Grayson, a Negro sailor from an American Atlantic fleet ship, was remanded today in How street Police court on a charge of stabbing fellow sailor Robert Washington in a quarrel over money. Washington survived after the knife strike pierced one rib.
MENTIONED IN THIS ARTICLE
U. S
Private tutoring and language schools advertised in Washington area
Advertisements offer private tutoring by Johns Hopkins graduate for college and civil service entrance, a French language school with trial lessons, a scholarship opportunity at a local college, a boarding and day school for girls, and a general catalog request from Emerson Institute and Misses Hastman’s School, with contact hints and locations in Northwest DC.
MENTIONED IN THIS ARTICLE
Emerson Institute
Tatab
Johns Hopkins University
Civil Service
Simo
Prud' Homme
Ind
Ave
Washington
Money to Loan on District of Columbia Real Estate
Multiple lenders advertise loans on Washington real estate at low interest rates. Moore & Hill Inc 1333 G St NW. Floyd E. Davis 7th Ave. Frank T. Rawlings Co 1005 Pa Ave. The Arlington Fire Insurance and Building. F. Smith Co 148 N. Ave. National Loan & Investment Co Thompson Brig 703 Ist St NW. Rotheryord Inc 732 F St NW. Walter Acker 144 F St NW offer first and second trust loans, no delays, payments from $10, and up to large amounts with early payoff options.
MENTIONED IN THIS ARTICLE
Washington
Washington Baileau and Electric
Potomac Electric Consolidated Gs
Sane
Washington Railway and
Electris
RGU
Washington Gas
Mergenthaler Linotype
Lanston Monotype
Callmington Gas
Bia
Groometown Gas Ss
Washini
Gan Ca
WME
Capital Traction Ci
Anacostia
Bolomas River
Ws City
Columbia Fa
Cohimpla Fis
Ashington Ry
Ai Sig
Ajax
Weracs
Tomac
Fitomad Elec
Emerson
Capital Traction Co
Washington Ri
Norfolk
Washington Ifeany
Allerican Tel
Tel
Mergenthater Linotype
Lanston Monoty
American Security and Trust
Compal
Lonont
Eee
Aun
Inc
Mated Co
New York
Savings Bank
Atouis
Chicago
Boston
Chants & Mechanica Savings Bank
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Brondy Bank
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Moore & Hill, Inc
Joan
Floyd E. Davis
7Th
and & Sn
D.C. Heal Estate
Frank T. Rawlings CO
PA. Ave
Arlington Fire Insurance And’s
D. A
D.C
Ave H Smith Company
National Loan & Investment Co
Thompson
Treasury
Tiuen
Rotheryord (Incorporated
Fish St
Orgorurabie
Walter Acker
F Street
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