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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Feb 12, 1913

Page

2

Stocks Unloaded as Concessions Rise in Down Market

New York Feb. 11 heavy offerings and price declines marked a broad stock liquidation. The 25 leading railroad and industrials fell below 1912 lows for the year, with big losses in steel copper and rail shares. A rally near the close limited the drop as Southern Pacific and New York Central sagged. Money rates hardened, banks tightened collateral, and trade concerns over Harriman dissolution weighed on the market.

New York Ust Leading Union Pacific Southern Pacific Harriman New York Central Eastern Railway Washington Panama

Treasury price quotes from wholesale markets and metals notes

The United States Treasury release lists wholesale quotations for Virginia and nearby produce including butter cheese and eggs. It also covers vegetables and fruits with varied per unit prices across regions. Copper market notes follow with spot and futures levels and exports.

Washington stock and commodity market report

Regular call at noon lists Washington Gas and Potomac Consolidated bonds with varied bids. Notes include Capital Traction and Union Trust quotes, plus corrections and livestock prices for sheep hogs and veal, reflecting a mixed market snapshot.

Wall Street Gossip on Corn Products and Rail Finances

An unnamed Corn Products director denies plans to pay back dividends with debenture bonds. The piece notes the company formation in 1906, preferred stock history, and anticipated 6 to 6 1/2 percent yield for the year. It covers railroad orders, car costs, and efficiency gains, plus bonds, stock subscriptions, and Union Pacific dividend expectations.

New York Corn Products Company

Holland Reveals Real Role of U S in Chinese Loan Talks

New York dispatches claim the six nation group will place a $300 million loan to China with equal American, British, French, German, Russian, and Japanese backing. Secretary Knox lobbied financiers and secured a Syndicate led by J P Morgan Co Kuhn Loeb Co First National Bank National City Bank to back the venture, aiming to shield China’s territory and boost open trade.

New York Peking China London Ching Republic France United States Pujo Great Britain Germany Washington State Department Secretary of State J. P. Morgan & Co. Kuhn, Loeb & Co First National Bank National City Bank Knox Russia Japan Paris Washington& Southern Bank G Street J. Selwin Tait Mutual Life Insurance Company of Guarante milJong of Auseta Thomas P. Morgan Sts N.W District of Columbia Real Estate Trust CO N. L. Lansbury Co 12Th St N. W

Washington Stock Exchange Quiet With Demand For Railways

Prices held steady as buying power absorbed offerings in a slow session. Washington Railway and Electric common traded around 86 with 150 shares sold. Lanston moved to 87 for 103 shares. Washington Gas quoted at 8 in lots, some odds up a quarter. Bonds drew little interest while Capital Traction 5s showed brief activity. News also notes possible delays in nickel coin circulation and Porto Rico postal savings banks.

Georgetown Gas Ind Geetown Ashingston Gas Be Capital Traction Co Anacostia and Potomac Columbia Mort AOL Columbia Railway Wash. Railway and Electric Metropolitan Baya Wash. Ales Mount Ver Potomac Electric Con. Mort Potomac Electric Power 1St Tod Ches Potomac Tel Amer. Tel Teleg Af Col. Power Mic Norfolk and Wash Simbt Kang Riggs Realty Public Utility Croons aTash Wash Norfolk RSG Washington Gas American Tel. and Telegraph Amer. Tel. & Tel Mergenthaler Linotype Lanston Monotype Greene-Conanes American Capital Washington American Security and Trust National Savings and Union Trust Company United Sates Trust, Co Citizens Savings Home Savings Commerce and Savi East Waal Arlington Corcoran Pranklin National Union Soi Washington Stock Exchange Washington Railway Electric Common Lanston Railway Common Washington Railway and Electric Preferred Washington Railway and Electric Potomac Electric Consolidated Washington Company Georgetown

Metropolitan Life officers meet at Raleigh Hotel convention

Four districts attend the triennial field representatives meeting of Metropolitan Life Insurance Company with 5 New York officers and several guests. West Virginia Fire Underwriters' Association holds a separate session at the Raleigh, with 54 reps, banquet tonight and officer elections tomorrow. Also includes a daily cotton market and assorted commodity prices.

Metropolitan Life Insurance Company Raleighh Hotel Washington, Cumberland Hagerstown New York Haley Fiske Frank C. Ayres A. 5. Knight William J. Tully William N. Stewart William Y. Galliher Henry B. F. Macfarland J. Harry Covington J. Thomas Heflin Samuel H. Greene Ben Johnson HE. H. Droop Hugh B. Rowland Harry L. Rust William M. Bullitt William Allen Wilbur Re.y. Droop Frank O West Virginia Fire Underwriters’ Association Raleigh J. M. Newburger H. S. Fulton Ss. F. Ninninger R. E. Michaels G. E. Fulton W. C. Perry R. H. Cooper A. S&s. Boning West Virginia Inspection Bureau Fire Underwriters’ Association T. B. Sellers J. E. Brown J. F. Crane E. Bickford A. S. Paul A. S. Whitely

New York Produce Prices and Market Notes

Market report from New York on February 11 lists butter steady at 27 38, eggs weak with various grades quoted, poultry dressed and fowl prices noted, flour and cornmeal steady to dull, pork firm, cottonseed oil firm with futures and spot quotes, sugar and coffee reflects mixed commodity values, potatoes and carriages unchanged, peanuts unchanged.

New York Pennsylvania Mascarado Rio Santos Miia Cordova

Live Stock Markets Report from Chicago and New York

Chicago and New York stock markets show cattle hogs and sheep trading firm to steady. Cattle receipts about 3 500 in Chicago with steer and cow prices listed across weight classes. Hogs receipts around 21 000 in Chicago with prices for light mixed heavy and pigs. Sheep receipts about 16 000 in Chicago with native lambs and yearlings priced. New York markets show similar activity with beef, veal and dressed stock steady and hogs nominally firm.

Chicago Besves Texas S.ak Bere York

Chicago Grain Market Falls With Moisture Across Belt

Chicago wheat and corn prices drifted lower as widespread moisture weighed on the winter crop belt led by declines in futures. Reports show mixed grain quotes with No 2 red wheat around 1.08 to 2.11, No 2 yellow corn near sea, and oats and barley opening and closing varied. Provisions rose slightly with pork near 20 dollars, while farm prices reflected tepid demand amid ample moisture.

Chicago Nebraska Kansas

New York Cotton Turns Easier After Early Highs

New York February cotton rose to a fresh early high but eased on profit taking and New Orleans selling, ending steady though mostly 4 to 10 points lower from the day’s peak. Futures activity reflected light holiday trading with a steady close.

New York New Orleans

Philadelphia Markets Butter and Eggs Prices Report

Philadelphia markets report butter unchanged eggs lower in Pennsylvania and nearby markets with current receipts and firsts at 7.05 to 7.20 per case, Western firsts 7.20, cheese steady and unchanged.

Philadelphia Pennsylvania

Grain Exchange Sued Over Overnight Grain Quotations

The Chicago Board of Trade faced a federal antitrust suit under the Sherman Act seeking an injunction against overnight grain quotations. The government alleges the exchange fixes prices for corn oats wheat and rye to arrive, restricting interstate commerce. President Andrews defends the rule as promoting competition, claiming overnight pricing formerly concentrated among a few dealers.

Chicago Chicago Board of Trade Great Grain Exchange United States Equity United States District Court Board of Trade of the City of Edward Andrew Frank B. Rice Albert KE. Cross J. E. Cunningham Mdavid S. Lasier Leslie F. Gates John Carden Robert McDougal Joseph Simons Adolph Gerstenbergh Benjamin §. Wilson L. Harry Freeman George B. Quinn John A. Rogers John R. Mant William L. Gregston Trier Board of Trade Andrews Department of Justice

Oatmeal Trust Probe Sits In Conference

A Sherman law inquiry into an oatmeal trust was discussed at a conference with James A. Fowler, James H. Wilkerson, and cereal firm representatives. No decision was reached. Wilkerson has studied a West Coast merger of two oatmeal firms for 1 million dollars to assess control of the oatmeal business amid plant closings and receivership.

James A. Fowler James H. Wilkerson United States Chicago Wilkerson West

New York Grain Market Reports and Prices

New York grain notes spot and futures for wheat corn oats and barley. Wheat futures ease on weak domestic trade and ample supply with May at 991 to 1.00, July 984, September 06, and May bonded at 97% auked. Corn spot export at 68 f ob afloat. Oats No 4 steady at 28 29. Barley quiet on City. Feb 11 trade data shows credit balancer 2.50 and shipments 252 811 with averages around 38 606. Additional regional prices for North Lime 1.37 South igiena and Indiena 1.32 Wooster Lae.

New York London Cleveland Tis &60 Lehigh Valley Amal. Copper Am. Agricultural Se Louis Nash S. P Hiero,rians Tex Can Pfa Car and Foundry Missouri Pacific Cotton Oil National Biscuit Ont West Norfolk and Western Bugar Refining North American Am. Tel Tal Northern Pacific Navy Pacific Mail Pacific Tel Atchison Pennsylvania People's Gas Atlantic Coast Line C. C St. L Baltimore and Ohio Pittsburgh Coal Bethlehem Steel Bio 36 Brooklyn RT Canadian Pacific Aig Chesapeake and Ohio Republic Chicago G. W Caf Mil Rock Island Co Chicago N. W China Texas and Pacific Union Pacific Erie General Electric United States Realty Goldfield United States Rubber Great Northern Pfa United States Steel Great North U. S. Steel Thinofis Central Utah Interborough-Met Va.-Caro. Chemical Wabash Inter Harvester Ate Wabash P Inter. Marine Western Maryland International Paper Western Union Westinghouse Kansas City Wheel Lake Erie Laclede Gas Eccelence Eix Galvyeston Finny Savannah Charleston Wilmington Nonsinal Norfolk Baltimore Boston Texas St. Louis Cincinnati Little Rock Met Great Britain France Continent Stock Consolidated Japan Mexico Worthen Duluth City Taleda Ovle Wooster Lae

Also Mentioned on This Page

Curb Market New Foe Allinet Halmers American Agricultural American Tobaccons American Tel Armour and Co Atchison Gen Atchison cv Ohio Brooklyn Transit Ry Tentral of Georgia Hesapeake Pehicago Alcom Ard Incy Joint Baiacy St. P. Co. Se Cinesgo Pace Nterborough Boag Inter Merc Marine Tapan Rey York Central Hartford Co San Fran St. Louis Southwestern Con Seaboard Air Line Southern Pacific Col Southern Pacific Co Southern Pacific R Southern Railway Tnion Pacthe Uinion Pacifices Facile Ag Ref Av Chemical Fae Waba Westinghouse Eilectric Wisconsin Central Adams Express I &O American Steel Foundry Anglo Amer Braden Ns Oy Brit - Amer Chicago Subway Aye Giroux Greene-Cananea Hollmeer Kerratke Mason Wal Manhattan Ransit Marcon Sue Nipisang Mines United Cigar Stores Centennial Eane Copper Range Con. Co Hast Butte Franklin Giroux Consolidated Granby Consolidated Nevaia Consolidated Nipissing Mines North Butte North Lake THE United States Treasury Baltimore Securities Washington Produce Market Virginia Maryland Delaware Elgin New York State New West Virginia Florida California Treasury BOS National Bank National Bank of Baltimore Houston Houston Oil Fate Ga South Fla United Rys Wa Houston Oi Abs Penna Wat United Hys Wiec Balto City and Sub Metro Washington Ges Norfolk and Washington Steamboat Capital Traction Abenston Mono Potomac Eleeting Consolidated Union Trust Washington Railway and Electric Common Potomac Consolidated Washington Cattle Market Aii Wall Street Arthur Hale Baltimore and Ohio Common Union Pacific Common NEW York Stock Market Holland U.S Philander C. Knox Huguang Local Financial Manufacturers South Carolina Interstate Commerce Commission Treasury Department Mint Porto Rico Metropolitan Life Convention Kent Island Southern Ashton G. Clapham Eldridge E. Jordan Arthur Lee James A. Cahill Tucker K. Sands V. P Frank E. Ghiselli Herbert V. Hunt James A. Cahill Ashton G. Clapham II King Cornwell Hi. Bradley Davidson R. Golden Donaldson T. Coleman du Pont Wade H. Ellis Charles J. Faulkner Samuel J. Henry Gee Kidridge E. Jordan Fred’k E. Notting Arthur Peter Arthur E. Randle Ellis Rinehart Tucker K. Sands O. G. Staples John P. Story, Jr Vaughan Commercial National Bank Cor Bank OF Personal Service Chicago Grain Dee Grain Exchange Sued Chicago Board U. S NEW York Grain Bhai AL Washington Loan & Trust Company Cor John Joy Edson Swartzell, Rheem & Hensey Co Fifteenth Street Lawrence J. Dietz & CO Woodward Building Consolidated Stock Hachange Ork. F. Hutchinson C. Phon Lawrence Barnum & Co Bankers St. N.W Washington, DE Benton American Graphophone Col Regulr American Graphophone Company Bdward D. Easton Feb. H Prine Mercantile Paper Sterling Exchange Bellroad Neuwspaper
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