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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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