Wabash Receivership Triggers Market Relief on Wall Street
News of the Wabash Railroad receivership relieved traders as Union Pacific stayed steady and United States Steel hit a fresh high. Banks bid around 6 3 4 per cent for New York loans as shares advanced, with Steel up well and Beet Sugar rising on payroll dividend plans. Market breadth showed mixed moves across bonds and major issues amid renewed iron and steel optimism.
MENTIONED IN THIS ARTICLE
Union Pacific
United States Steel
Septemades
New York
Wall Street
Tle
Foreian
Berlin
Bank of Germany
Huainess
New York Stock Market Total Sales Report
Total sales for the day reached 391,200 shares. Quotations mirror those recorded by W. B. Hibbs & Co., bankers and brokers, Hibbs Building, members of the New York Stock Exchange, Chicago Board of Trade, and Washington Stock Exchange.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
Bankers and Brokers
Hibbs Building
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
New York Bond Market and Chicago Cattle Hogs and Sheep Prices
Dec 18 reports from New York and Chicago show cattle receipts at 6000 with steady market and varied price ranges for bulls steers and cows. hogs receipts 29000 with slow but steady demand and prices largely firm. sheep and lambs receipts 18000 with steady tone. Beef data notes dressed beef and veal values, while cattle and sheep prices emphasize flat to steady quotes across categories.
MENTIONED IN THIS ARTICLE
Chicago
Beeret
New York
al Amb
Washington Market Sees Rally In Rail and Gas Stocks
Trading at the Washington Stock Exchange showed brisk after call activity with Washington Railway and Electric rising to new highs as bids for large blocks remained strong. Washington Gas strengthened, mortgaged property for a theater deed was recorded, and federal rate actions paused awaiting further investigation amid traffic and rail docket orders.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Brergenthgler
Washington Railway and Electric Common
Washington Gas
New York Produce Prices and Markets Report Dec 1
The report lists mixed commodity quotes for New York and Philadelphia markets including butter eggs cheese and poultry. It notes steady to firm tones in many lines with specific figures for receipts prices and grades across butter cheese eggs and meats.
Daily Cotton Market and Florida Produce Prices
Wholesale quotations show Florida fruits and vegetables in good demand while home grown produce is scarce. Butter and cheese prices listed. poultry and eggs priced per pound or per dozen. Vegetables and green fruits include potatoes, onions, cabbage, cucumbers, beans, lettuce, and citrus with wide per unit ranges.
MENTIONED IN THIS ARTICLE
Florida
Turkey Market
New York State
Virginia
West Virginia
Southwest Virginia
Tennessee
Turkey
Michigan
Celery, Co
Almeria
Wall Street Gossip Special 10 The Washington Post
New York December 14 Jersey Central declares regular quarterly dividends totaling 12 percent for the year with extra payments paid earlier. Reading directors meet for action tomorrow, likely only the regular dividend. Atlantic Coast Line stock trades at 265 in Baltimore amid Louisville and Nashville interest. Lehigh Valley board to meet tomorrow after a 3 4 of 1 percent annual raise. Vandalia declares 4 percent total for the year, citing improved earnings. International Harvester up 314 points amid reorganization news under Sherman law. Eastman Kodak says no further price controls on its products.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Wabash Railroad Company
Wall Street
Wabash
Missouri Pacific Company
Wabash Securities
Ravar
Bos
Horton
Imich
Sean
Lehigh Valley
Tre
Nashville
International Harvester
United States
Laxsard Neas
Union Pacific
Jersey Central
Baltimore
Atlantic Coast Line Company
Atlanta Coast Line
Railroad Company
Louisville and Nashville Railroad
Louisville and Nashville
Louisville
Cotton Market Volatile Ahead of Census Report
New York December cotton futures show a nervous, uneven session with gains of up to 11 points in late trading. December carries a premium over January as traders prepare for the census release, while spot cotton remains quiet and inland dealer activity centers on December deliveries.
MENTIONED IN THIS ARTICLE
New York
Gulf
Baltimore market grains and metals report highlights
Baltimore spot contracts for corn oats rye show dull to firm pricing in wheat and butter and poultry markets listing Maryland Pennsylvania and nearby regions. New York copper prices ease while London copper steadies with Arctic trend and U.S. arrivals at 45 tons. customs show exports of 22 778 tons so far this month.
MENTIONED IN THIS ARTICLE
Baltimore
Dee
Maryland
Pennsylvania
Virginia
West Virginia
Southern
North Carolina
Penpsylvania
St. Ohio
Hewt
New York
London
Cutom House
Wergiban
New York Money Market Quotation Notes
New York money market reports show call money at 34 9 percent, prime mercantile paper around 4 to 40 percent, commercial bills at 427 percent, and sterling exchange steady with day bills at 4.8336 at bankers’ best. Mexican dollars and government funds appear steady amid regular railroad bond activity in Toledo and Ohio markets.
MENTIONED IN THIS ARTICLE
New
York
Tullos
Prime Mercantile
Slerithy
Gerverri
Independent bondholders form clash over Wabash reorg
In New York and Chicago a split formed among bondholders opposed to the Wabash Railroad reorganization. An independent committee led by James N. Wallace seeks an independent receiver, arguing the current arrangement is too friendly to the directors and equitable trust group. A stockholders committee, headed by Charles Hi. Keep, may push for assessments on both common and preferred shares. Willard King of the Columbia Trust Company chairs a new independent bondholders panel.
MENTIONED IN THIS ARTICLE
New York
Wabash Railroad Company
Westinghouse Airbrake Company
St. Louis
Wabash
Winslow 8. Pierce
Equitable Trust Company
James N. Wallace
Central Trust Company
Pierce
Mr. Wallace
Henry R Carse
John J. Mitchel
Robert I. Montgomery
Ho A Pomroy
William A. Read
J. Herndon Smith
Alexander M. White
Albert A. Wiggin
Steel prices to go up at year end meeting
The regular monthly meeting of presidents of United States Steel subsidiaries was held in New York. Attendees discussed the upcoming year’s trade outlook and hinted at potential price increases in several products including sheet steel before year’s end, noting that Chairman Gary did not attend.
MENTIONED IN THIS ARTICLE
New York
United States Steel
Gary
New York Grain Markets Quoted Amid Weak Weather Outlook
Wheat futures eased after a morning advance as rain in Argentina improved conditions, with No 1 Northern Duluth at 118 1/2 and December at 98 for nearby. corn barely steady with 70 7/8 to 70 9/16 afloat. oats steady with nominal futures. Receipts totaled 196,800 bushels of wheat, 168,000 of corn, and 108,276 of oats. shipments likewise reported. In Iowa, a special stockholders meeting approved leasing all Iowa Central railroad properties to Minneapolis & St. Louis, subject to existing debts.
MENTIONED IN THIS ARTICLE
Iowa Central
Kansas City
Ern
Quik. C. Southern Pfa
Laclede Gas
Lehigh Valley
IKE
Louisville & Noshville
Er Iminn
St. Louis
SCOIM
St. P
St. M. Fassig Idea Hoty
New York Central
Wes Si
Nortaie & Western i ii
North American
Northern Pacific
UAB
Pacific Mall
Pacific Tel. & Tel
People's Gag
Pittsburgh Coal
Puttman Palace Car
Railway Steel Spring
Ray Consolidated
Reading
Republic Sten
Republic Steel Ptd
BANE
Rock Island Co
St. L
Louie
St. Louia
Sloss-Sheffield
Southern Pacific
Iig Way
Southern
Southern Railway Ptdj
Tennessee Copper
Texas & Pacific
BLL
St L. & West
Union Pacific
United States Realty
United States Rubber
United States Steel
Utah Copper
Baye
Va.Caro, Chemical
Wabash
Wabash Ptd
Western Maryland
Westinghouse Hlock
Western Union
Wheeling & Lak
Pennsylvania
State
Pennsylvenia
Middle West
Muncovade
Guiet
Rio
Santos
Cordova
Uence Aiges
New York
Duluth
Valuca
Ander Liquidas
Argentina
Chicago
Iowa Central Railroad Company
Minneapolis & St. Louis Railroad
Iowa Central Railroad
Holiday Shopping Grows Ahead of Ever This Year
Holiday crowds surge as Christmas nears with shoppers urged to act quickly. The Post promotes a $4 dictionary through a six coupon offer, highlighting its modern content and Bible-like binding to secure presents before demand exhausts supplies.
MENTIONED IN THIS ARTICLE
Santa Claus
Post
Nine Merchants Arrested for Poultry Display Violations
District health inspectors double efforts to enforce food laws. Nine merchants have been arrested recently for displaying dressed poultry on the outdoor stands as Christmas approaches.
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Curb Market
Boston
Twunton
Vapper Range
Butte Copper Maisie
Franklin Trou Consolidated Grandy Consolidated
Greene-Cananes Mohawk Nevada Consolidated
Nipissing Mines
North Butte
North Lake
Old Dominion
Hannon Utah Consolidated
Utah Copper Co
Washington Cattle Market
Adama Express
American Steel Foundry
American Tobacco
Vakwett & Myers Wa Stardlard Rw
Braden Gerraden
Hutte Coalition
Caicaku Subway
Tabouc Consolidated
Lieene-Cananen Inspiration
Intercontinental
Hubber
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la Rose
Maton Valley
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Oregon
Washington
Utah
Hell
Western Pacific
Yukon
Repres
NEW York Stock Market
Allis-Chalmers
Amalgamated Copper
Amer. Agricultural
Amer
American Can
Am. Car & Foundr
American Cotton Oil
Am. Hide & L. Ptd
jAmer
Ice Securities
Smt. & Refining
Am, Sm. & Ref
Sugar Refining
Amer. Tel
American Woolen
Anaconda Mining
Baltimore & Ohio
Bethlehem Steel
Brook
Canadian Pacific
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Chino Copper
Chicago & Alton
Great Western
Western Pro
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Mil
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Colo, & Southern
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Om Products
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Goldfeld Consolidated
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Inter
Altiee Chalmers
Iefont Agricultural Ta
Mergenthaler Linotype
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American Tobarro
Armour & Co
Atchison Gen
Washington Railway and Electric Com- Atchism Co
Athhlaon cv
Atlante Coast Line i 4A
Baltimore & Onto Southwestern
Arked Wn Transit Co
Georgetown Gas Bs
Central of Georgia
Central Leather Sa
Coesevene
Ohio Central R. R. of
Capital Traction Co
Hesayec & Ohio Ev
Chisnes & Alton
Columbia
A. & Uincy
Johat
Paueex
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Cou
Mit & Bt
Pac. Ry
Colorado Midland
Ware & Hudson Co
Denver & Rio Gi
Teleg
Denver & Rio Grande
Bige Reuter
Jalpan
Norfolk and Wash
Minouri Pacific
Natig Ik & Western Cy
Colt
Panam Gregan
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Otis E van
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Weeny
St. Louis South
St. Louis Southwestern Ist
American Security National and
Col
Linga
Ton Loan and Trust
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Way Great
Citizens Savings
Union
Ci ‘Chemical
Provident
Rox Wal
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Renee Bio
Iomoly
S. A
Local Financial
American Security and Trust Company
Imperial Theater Company
Theater Company
Ninth Street
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Navy Department
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Bridgeport
Conn
American and British Manufacturing Company
Chicago, Rock Island and Pacific Railway
Mississippi River
Interstate Commerce Commission
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Washington Railway and Eilectric Company
Brightwood
District Electric Railway Commission
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THE
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Eastman Kodak Company
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Ohlo
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Amber
Ital and
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Washington Loan & Trust Company Cor
F Sts
John Joy Edson
Equitable
Bret
Equitable Co-operative Building Association
Frank P. Reeside
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
Lewis Johnson & Co
Bankers
Pennsylvania Ave
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League of Grocers
Std
F Sta. Nw
LIBTA
Lawrence Barnum & Co
St. N.W
Washington, D
Pittsburgh
Es Fe
Itizens Gz
U.S. Treasery
New York Avenue
Bert Filler
Emerson & Orme
H Street
Matt
BUICK
Buick Motor Prompany
Lectrical Supply Co
Ave
New York Ave
Kable Cap Barnard Motor Car CO
Isle
St. N. W
Marathon Pope-Hartford Pope Auto CO
Ullman Sganzine
Thos. Barnes & Co
St. Phen
Cadillac
Cook & Stoddard Co
Bt. N. W
Oakland
M. T. Pollock
WOODS
Pemon
Washington-Boston
B. F. Board Motor Truck Co
Alexandria
Tut
Mutual Life Insurance Company
Thomas P. Morgan
Southern Building
15Th
Hala
Heitmuller & Walker
Supreme Court OF the District of Columbia
John C. Mothershead
Ward
Alice McCauley
Joseph William McCauley
William McCauley
Washington Lax Reporter
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D C
Anacostia River
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WMV
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Potomac Hufmanlic Cement Co
Thor J. Owen
BON
Earle & Allen
Ava
Luttrell CO
Dupont Cirels Stevens-Duryea
Sebo
T. Lamar Jackson
Ing Conn Ave
Hazel Company
Cew
Detroit
Edison
Baker
Waverly
Bartram
New Hampshire Ave
Auto & Supply House
Hudson
Leary
G. Loeffter
Leeving
Europe
Columba Electric Victoria
Gay. Weck