Schiff Speech Lifts and Sinks Stocks as Money Tightens
The New York stock market opened lower amid European financial weakness tied to Bank of England and Bank of France conditions. Jacob H. Schiff’s sharp critique of the currency system sparked a rapid, mixed session with active shares like Union Pacific and Reading showing gains early, then sliding toward the close as higher money costs and December carrying charges eroded profits.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Stock Exchange
London
Bank of England
Bank of France
Union Pacific
Atchison
American Sugar Refining
Ing
St. Paul
American
Tadao
Psac
Schiff
Vanderlip
Morgan
United States Steel
Sebifi
EH. H. Hammar
Wall Street sees mixed trading as Union Pacific rises and falls
Special to The Washington Post reports a volatile session with Union Pacific trading near 150 as heavy selling appears after Jacob Schiff's speech. Metropolitan’s merger talks boost optimism about long term economies, but early gains fade. Anaconda and Atchison move on copper and rail odds, while London sentiment and dividend expectations color investor mood.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Union Pacific
Sheffield &McCullough
Jacob Schiff
New York Grain Market Report January 4
Wheat receipts totaled 66 000 bushels with spot firm at No 2 red 91 to 95 cents. May and July futures showed gains linked to stronger cables higher outside markets and reduced primary receipts. Oats receipts 66 000 bushels with spot steady and grain classifications varied by weight and quality.
MENTIONED IN THIS ARTICLE
New York
F. O
Duluth
Wheat Advance Commission
New York Cotton and Stock Market News Summary
New York cotton and stock markets show quiet trading with limited offerings. May cotton opened higher, ended around 32 percent, while hogs and lard prices rose. receipts loom for tomorrow. Cotton futures gain 10 to 18 points with active trade and mixed private wires from London.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
New York Stock Exchange
Washington Race Exchange
Chicago Boar
Daly
New York
Liverpool
Southern
Wall Street
National Gunners’ Association
London
Isc
Live Stock Markets Across Cities With Mixed Cattle and Hogs
New York reports flat cattle demand with dressed beef steady while calves and hogs show limited changes. Chicago lists higher cattle and hog prices with strong overall gains. Baltimore notes firm export steers and steady sheep and lamb markets. Butter, cheese, poultry, and flour findings reflect a steady to dull or firm tone across commodities.
MENTIONED IN THIS ARTICLE
New York
Fridey
Canada
Chicago
Baltimore
Gordove
Maine
Vermont
Local Exchange Dullness Amid Market Uncertainty Sparks Optimism
The exchange yesterday showed continued dull trading due to money market uncertainty, yet members remained optimistic about future activity. Brisk demand for American Security and Trust Company rights faded from 2.8712 to 2.60, with 396 rights sold in small lots. Greene stock traded up to 30 1 2, Mitchell hit 97 8, and Capital Traction saw no business. Washington Railway and Electric preferred moved 20 to 60 shares at 89 3 8 and 89 1 2, while common drew little demand at 42 1 2. Bonds like Norfolk and Washington Steamboards and Washington Gas issues posted selective sales, and Stilson Hutchins sold a seat to Casnear for 1,000, marking the third record sale in the exchange.
MENTIONED IN THIS ARTICLE
Metropolitan
Bronx
Amalgamated Copper
Desirne
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
C. B
Adams Express
Manhattan L
ROD
Tel Securities
Chicago
Jioaig Fiestel Auay
Am. Car. and Foundry
Metropolitan St. Riflassy
Argentina
Am. Car and Foundry
Mexican Central
Minneapolia
St Louis
St. P. and
Ste. M
Las Sita
M., Jrds
America
Expres
Missouri
American Ice Securities
Soig
edMu
Kans
Tespid
Norfolk and Western
Liverpool
Dia Am. Tobacco Ptt. Etta
WkAnsconda Mining C
Northern Pacific
Aichizon
Garsal
Pacific Mall
Atchison Pfar
Pennsylvania
United States
Atlantic Coast Line
Bradgtreet
Baltimore
Ohio
Pitts
Co. G
St. Louis
Central of
New Jersey
Chesapeake
Yba Botkeo
Republic
Pteago and Alton
Republic Steel Ptoiayy
Chicago and Alton
Rock, Island Co
Chicago Great Western
Rock Island Co
Northwestern
Minneapolis
Msl
St P
Rors Luth
Trans
Ely
Sloss-Sheffield Steel
Burg
Louis
Louis Southwestern
Colorado Fuel and Iron
St. L. Southwestern
Roin
Southern
Southern Railway
sonsCora
Producta
Tennessee Coal and Ironlan
Texas and Pacific
St. L
Delaware and Hudson
Toledo
del, Lack
West Spa
Tol
Denver and
Rio Grande
Tinion Pacific
Denver
Rio Grande Pia
Leatinton Pacife
do'Tistlilers
Sty
States Express
Erie
United States Realty
Sovierie
United States Rubber
Aly OiRrie
General Electric
United States Stee
Hoching Valley
United States Steel
Tlinois Central
Caro. Chemical
Caro
Chemical
Boye
Wells Fargo Express
Town Central
Westinghouse Electric
Eng
Towa Central
Western Union
Kansas City Southern
Wheeling and Lake Erie
Wisconsin Central
Wisconsin Central Ofta
Louisville
Nashville
New York Block Exchange
New York
Exchange
American Security and Trust Company
New Security and Storage Company
Washington Railway and Electric Preferred
Norfolk
Washington
Stilson Hutchins
Casnear
Georgetown
Casilear i
George Casilear
Hutchins
Washington Stock Exchange Quotations Report
Closing bid quotations and market prices for Washington Gas, Norfolk and Washington Steamboat, Washington Railway and Electric in both preferred and common, American Security and Trust Rights, Chesapeake and Potomac Telephone, Lanston, Greeno Copper, Mitchell Mining, and various bonds and banks. Includes after call values and a list of district bonds, railroad bonds, miscellaneous funds, and insurance/ title/ telegraph stocks with their latest figures.
MENTIONED IN THIS ARTICLE
Southern Pactitens
Southern Pacific Ars
Southern Railway
Texas and Pacific
New York
American Tobacco
Toledo, St. Louie
West
Union Pacific
United States Steel
Obie Atchison General
Atchison Adjustment
Tate Atlantic
Coast Line
Western Maryland
Baltimore and Ohio
Wheeltor
Lake Erie Jsee
Baltimore and Chloe Star
Wisconsin Central
Brooklyn Rapid Transit
Central of Georgia Ga
Central of Georgia
Central of Georgia Fd Inc
Ioc
Chesapeake and G
Boston
Colorado Industrial
Eerier B
Wtebburg
Colorado Midland
Colorado
Mexican Central
Cuba
Southern
New Haven
Hartfern
Leaver
Oo Rands
American Arge, Chemical
Distillers’ Securities Bs
Erie
Arge
U. S
Japan
American Telegraph and Telephone
S& 3S
Rae Uv
St Dominion Iron and Breeze
Nagaville
Plos Edison Electric Filumineting
Louisville
General Electric
Lisse
Blanhattan Consol Gold
Ea Macachusetts
Massachusetta Electric
Mexican Centralist Inc
Ye Chusetta Gas
Minneapolis
St. Louie
Missouri
Kansas
Texas
United
Kaness
United Shoe Mac
National Railroad of
North Butte
New York Central
Northern Pacific
Hingham Northern Pacific
Norfolk and Wester
Shanno
Copper Range
Oregon
Bhart Lane
Fe U
Pennsylvania
Reading
St. Louis
Iron Moountain Congo
St! Louia
San Fragelsco Tg. i
THE
Sunday Post
St. Louis Southwestern Consolidated
Seaboard Air Line
Sy Mall
SaJes
Washington Gas
Norfolk and Washington
Washington Railway and Electric, Preferred
Rte
Washington Railway and Electric
American Security and
Mitchell Mining Company
American Security and Trust
Huiatel Gas and Electric
Washington Gas Company
United States Electric Light
Chesapeake and Potomac
Washington Market Company First
Potomac Electric Light First
Norfolk and Washington Steamboat
National Safe Deposit and Trust
Washington Loan and Trust
American Security and Tras
Union Trust Company
Washington Savings Bank
Home Savings Bank
Union Savings Rank
Riggs
National City
Franklin
Metropolitan
Corcoran
Potomac
Arlington
National Union
Columbia
Riggs, & People's
Commercial
Colonial
Columbia Tita
Washington
American Graphophone
Georgetown Gas
Mergenthaler Linotype
Langton
Monotype
Miscellaneouis Binelt
Greene Consolidated Copper
Washington Market
Norfolk and
Also Mentioned on This Page
Ney
Rees Island
Chicago, Rock Island
Metal Market
Cleveland
Northern
Boney
Loens
Prime Mercantile
Nctual
Bankers’ Lille
Anaconda
Fowest
Atchison Common
Financial
Phelan C. Hawn
NEW York Grain
Sto
CK Market
Curb Market
Ave
Ashod
Amer
Canig
Bethlehem Steel
Gate
Bethlehem Steel Ptd
Byay Cent
Foundry
Chicago Subway
Greene Pier
Mere
Int
Interborough
T.ee
Mackay Company
Mitchell Bfinley
Bec. Stu
Standard Oil
Tennessee Copper
United Copper
Sayote
Utah Copper
Galveston
New Orleans
Mobile
Savannah
Charleston
Wilmington
Norfoly
Jacksonville
Houston
Augusta
Memphis
St. Loutasei
Great Britain
Continent
Great Brita
France
Mexico
Eocal Financial
Greene
Mitchell
Fay
Union Trust .Co
N. W
Edward J. Stellwagen
George E. Fleming
Edson B. Olds
American Express Co
Traders National Bank
George J. Easterday
H.W. Telephone
Commercial National Bank
14Th and
G Streets
Comptroller of Currency
Ernatio Banking
Washington Branch
Swartzell, Rheem & Hensey Co
Warner Building
F Street Northwest
Etters OF Credit
U. S. Treasury
National Bank
Crane, Parris & Co., Bankers
F Streets
Elieve
F. H. Smith Co
Real Eatate
N.Y. Ave
Bond
U.S
Atwood Violett & Co
14Th St
New York Cotton Exchange
Woolward & Lathrop
Spadoca Savings Account
Union Savings Bank
Bond Building
N. Y. Ave
Aaebsd
Equitable Co-Operative Building Association
Equitable Building
John Joy Edeon
Ellis Spear
Geo. W. Casllear
Frank P. Recaide
Secreary
Washington Loan & Tr
Ust Co
Creasure
Real Friars
Care’ul Actendan Ety Jouy
Mordly
James B. Owens
4Th St. NW
Lewis Johnson & Co
Bankers
N.W
Tranesot
Arthur Wall
Lynn, Wall &Co
Adams Building
M. J. Sage & CO
Chesley & Spence
Tih
Fate Aw
District of Columbia
S Meiskell & McLeran
FOO
Newepa