Stocks Rally as Market Opens Strong on January 4
New York trading opened with strong speculative buying across active issues led by Union Pacific and Amalgamated Copper. The market absorbed a hesitant short interest, with money on call abundant and rates under 6 percent, and London buying activity supported gains of 1 to 4 points in leading stocks.
MENTIONED IN THIS ARTICLE
Amalgamated Copper
Great Northern
New York
Union Facific
Atocka
Ist
Interstate Commerce Commission
Harriman
Southern Pacific
Union Pacific
Southern Pacifi
Wall Street Gossip Expects Steel Earnings Rise But Not Dividends
Special to The Washington Post reports strong signs of accumulation in United States Steel common on expectations of higher fourth quarter earnings to be released January 21. The piece notes dividend rates unlikely to rise soon, with Amalgamated Copper tipped for higher quarterly payout, and discusses market rumors around Union Pacific, Reading, and copper shortages amid Amalgamated holdings. A broker’s tape reading close to market shows copper and railroad stocks at notable levels as traders weigh future moves.
MENTIONED IN THIS ARTICLE
New York
E R Chapman & Co
Chipman
New York Stock Exchange
America
Tobacco
American Tobacco Gan
Atoblson General
Central of Georgia
Central of Georgia 24 Inc
TM Central of Georgia 33
Cheatpeake
Chicago and Alton
Chicago
Pacific Railroad
Pacife
C.c
St. Louis General
Colorado Midland
Colorado and Southern
Cuba Aus
Denver
Tatiliers’ Securities
le_general
Xing Valley
Dapan
Japan
Oh Japan
Louiside
Nashville
Manhattan
Mexican Central
Mealean Central
Boe Minneapolia
Missouri
Kansas
Texas
Texan
Relational Railroad of Mexico
New York Central
J_a. ton
New Jersey Central General Ay
Boston
Albany
Northern Pacific
Poston
Maine
Reortharn Pacific
Nortola
Fitchburg
Foonsylvania
Reading General
Tanades
Amerion Ave. Chemical
Bt. Louis
Iron Mountain
Consol Ga
St Louls
San Francisco
Om ‘ - Eam
St Louis Southwestern Oon
Freece American Sugar
American Sugar
Southern Pacidhe
American ‘Telegraph and Telephone
Southern Pacife Jet
Certicicata Americ ‘Wooten
Southern Raiway Co
Maryland
Wheeling
Lake Eric
Washington Post
United States Steel
Bellefte
Amalgamated Copper
H. C. Frick
Pennsylvania Board
Reading Board
Reading
First National Bank
Panies
Frick
Union Pabfic
Paia
Pire
Storks Alica
United States Metala Selling Company
Amalgamated Mines
Amnalagamated
Amalgamated
Union Pacific
Northwest
Washington Railway and Electric Common
Lanston
Saies
C.B. Greene Copper
Kansas City Southern
Aller Vali
Washington Gas
Adams Express
Amamlgamater
Kanaas City Southern Ptd
Washington Railway
Am. Car and Foundry
Leutaville
Tecan
Am. Car and Foundry Pt. Hole
American Cotton
I Miy & OB
Ste
Ves Joness
American Express
Menourl Pacific
Terday
Hide and Leather
American Ice Securities
Philippine Land Purchase
Kensac
District of Columbia Bonde
Linaaed
Northern Pacifle
Stil Gas Bonde
Washington Gas Company
American Locomotive
National Seal
American Locomotive Pict. Lory
Fr.r of Mexico PLC
Copiter Traction
Rapid
Viney
Ontario and Western
American Sugar Refining
Norfolk and Western
Anacostia and Potomac Te
Am. Tobacco Pfd
Certit
Norfolk and Western Paity and
Auburban Railroad
Columbia
Anaconda Sling Company
Ec North American
Railroad
Atchisonia
Panific
Wi Railroad
Metropolitan Railroad
asolAtchinon
Pennsylvania
Metropoltan Railroad
Injoo
Oy Tels
People's Gas
Pitts
le Loula
Baltimore and Ohio
DELS
Baltimore
Ohio
Pia
Batay Bam
Brooklyn
United States
Central of New Jersey
Chesapeake and Ohio
Potomac Electric Light
Chicago Great Western
Republic Steel
Norfolk and Washington
Chicago and Northwestern
Chesapeake and Potomac Telephone Fx
Mil
St. Paul
SuOl Republic Steel Ptd
Washington Market Company
Istds
Bloss-Bhefield Steel
Storks
Capital Traction
Colorado Fuel
Busnet
San F
Washington Allway and Electric Common
Louis Southwestern
Whellington Railway and Electric
St Louie Southwestern Ptd
Norfolk and Washington Steamboat
Southern
Southern Pacsic
Georgetown Gas
Chesapeake
Colo
Potomac Telephone
Consolidated Gas
Southern Pacific Pti
Mergenthaler Linotype
JouSouthern TenlEeay
Lanaton Monotype
Southern Toilway
Dtooke
Greene Copper
Central Leather
Tenneease
Ing Company
Texan and
Packie
Pseyl
Bante seacks—American
Capital
Delaware and Hudson
Toledo
Bt. L
Western
Central
National City
Ind
Det, Lack
qoolToledo
St le and W
Lincoln
Farmers and Mechanica
Rio Grande
Union Presse
Aos
Xeni
Riggs
Bocond
Deaver
Rio Grands Pi Fe
Union Pacific Ptd
Washington
Trust
Cimerat Securities
United States Express
American Security
National Sato Copoalt and Trust
Ela Ist
Roe
United States Rubber
Union Trust Company
Washington Loan
Eric Bdard
United States Rubber Pti
Union Trust
Savings Bank
Homa Savings Bank
Fee
United States Steel Prd
Union Savings Bank
Washington Savings Bank
Northern
Carolina Chemical
Hacking Valley
Arington
Lihnole Central
Va -Carpling Chemical Ptd
Commercial
Corcoran
Fireman's
Mel Wabneh
Tranklin
Metropolitan
International Paper Pa
Wabnah
National Union
People’s
Potomac
International Pump
Walli-Fargo
Rizas
International Pump Pfa
Jie
Westinghouse Electric
Tito Insurance
Columbus
Western Union
Itowa
Wheeling and
Lake Erie
Southern Public Service Cor
Lowe
Central Pfa
Interborough
Wisconsin
Phc Security “Storage Company
Interborough-Met
Winconsin Central Pro
Washington Market
W. B Hibbs & Co
F Street
Chicago Board of Trade
Washington Took Exchange
Local stock exchange activity shows mixed copper and rail optimism
Volume fell yester day with copper and Washington Railway and Electric dull. Capital Traction traded around 144 to 148, Greene Copper steady near last week’s lows, and Nipissing and British Columbia Copper among stocks discussed for possible exchange listing at Monday board meeting.
MENTIONED IN THIS ARTICLE
Stock Exchange
Ganston
Greene
New York Corp
Nipissing
British Columbia
Correction notice on Washington stock sale items
A correction clarifies that the sale of Chesapeake and Potomac Telephone stock noted yesterday should read 10 percent. Other adjusted figures include Washington Railway and Electric bonds at 854, 5000 at 85, 9300 at 26, and various Chesapeake and Potomac Telephone lots with prices up to 102 percent and 205 percent. Capital Traction bonds show 143 percent for multiple lots, with several entries at 143, 149, and 13 percent.
MENTIONED IN THIS ARTICLE
Chesapeake and Potomac Telephone
Silee—Washington Railway and Riedtric
Capital Traction
Washington Produce Market Quotations Report
Wholesale market notes show eggs butter cheese and meats with varied prices across regions West Virginia and North Carolina. live and dressed poultry demand remains firm, with steady to firm supplies of rabbits, game, potatoes, cabbage, onions, and peanuts. general market steady with few shifts in hogs, pork, and lard.
MENTIONED IN THIS ARTICLE
West Virginia
Southwest Virginia
North Carolina
MGM
Atmall
Western
New Choice
Virginia
York Imperiel
Ben Davis
Florida
Laheelery
New York
New York Cotton Market Ends Quiet Then Rallies
The New York cotton market closed with a net loss of 2 points on January, after an initial decline of 7.4 points. A late rally followed as room bears covered, aided by support from locals and a strong futures outlook. Southern spots stayed steady to higher, with reports of hard-to-buy higher grades despite large receipts anticipated.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co. Benkem
Atreet
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
York
Inter
Room Bear
Mowstan
Washington cattle market reports and price ranges
Washington cattle market shows firm tone with light calf supply and active trade. Prices listed for cattle hogs sheep and calves across markets in Chicago New York and Liverpool with receipts estimates and varying grade ranges. Explanations note steady to higher hogs and steady sheep while calves and cows show mixed values across regions.
MENTIONED IN THIS ARTICLE
Immbath
Chicago
Tan
New York
Liverpool
London
Canada Lambs
Copper Market Sees New High in Boston Letter
Walker's copper letter notes spot copper at 26 cents per pound, a record high not seen since 1880. March to May deliveries nega tively priced, electrolytic copper around 25 to 21 cents. Demand outstrips supply as production declines due to fuel and rail bottlenecks. Major curtailments in Clifton Arts, Bisbee, and Old Dominion smelter closures slow output. August or September expected to bring little increase as refining capacity shifts.
MENTIONED IN THIS ARTICLE
Boston
Walker
Spot Lake
Orlcea
Clifton
Arts
Bisbee
Old Dominion Company
Beathare
Garfeld
Tgh
Baltimore Markets: Dull Freight and steady grain prices
Baltimore markets report dull and unchanged conditions for flour and grains. Wheat, corn, oats, rye, and butter show limited movement with receipts and export figures listed. prices for sugar and other commodities largely steady.
New York Produce Prices and Receipts Report
New York January 4 flour receipts reach 32 560 barrels exports 6 261 barrels dull and seller for same grades. Minnewla patent 4 004 20 Rye flour dull Buckwheat dull Buckwheat Quint Cornmeal Steady Rye nominal Barley nominal Butter steady and unchanged receipts 4 249 Cheese price steady receipts 1 004 Eggs irregular receipts 6 015 state reads Pennsylvania
MENTIONED IN THIS ARTICLE
New York
New York Grain Prices and Quotes Jan 4 Wheat Corn Oats
New York trade report shows wheat, corn, and oats with varied action. Wheat slipped to late session lows but bid tone steadied around the week’s low, with May at 81 11-1653 and July at 81 7. Corn futures eased on larger receipts while spot demand remained modest. No. 2 elevator at 67% and No. 2 afloat at 49%. Oats receipts rose with spot prices steady, options and price ranges reflecting mixed demand.
MENTIONED IN THIS ARTICLE
Baltimore
New York
Duluth
Seseida
Wheat market reacts to Argentine shipments in Chicago
Chicago grain prices ease as Argentina ship data show 300000 bushels last week, prompting selling pressure and a May wheat dip to 7 1/8. Corn and provisions also fall. receipts rise year over year. Bradstreet exports lift sentiment briefly before late-day weakness, with overall market closing weak and May near day lows.
MENTIONED IN THIS ARTICLE
W. B. Hibka & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Chicago
Argentina
Focal
Percon
Bradstreet
May
Pricox
Roval Bulla
Closa May Park
Metal Market Report Shows Mixed London and Local Trends
London prices move with declines in tin and lead while copper rallies. Local markets remain strong for electrolytic and casting but show unsettled readings in foundry materials and warrants. reports touch on broader social note about a national contest discussed in tomorrow's Watch The Post.
MENTIONED IN THIS ARTICLE
New York
London
Standard Foundry
Clevelang
Oo. Td
Northern Re
Foundry
Northern
Southern
Southucs
Us Trun
Engle
Anti-Tipping Law Upheld In New York Case
The Court of Special Sessions upheld the anti tipping law in a case against Pergoli and Flood. Pergoli, a broker, and Flood, superintendent of an alleged tobacco trust, were found guilty and fined ten dollars each. Flood paid Durand for weekly reports on the tin foil factory. Pergoli failed to appear and his bond was forfeited with a death warrant issued for his arrest.
MENTIONED IN THIS ARTICLE
New York
Court of
People Against
Pergoli
James Flood
Flood
Mood
Pergolit
Carl Durand
Fiood
Durand
Hla
Two Merchants Fail Noted in Deed Records
Two merchants failed as recorded by city recorders yesterday. Rafe, a wholesale liquor dealer on Seventh Street, assigned to Georges E. Tralles who later paid $8,000 to the court. Assets placed at 9,000 with liabilities at 15,000. Aaron Jacoby, dry goods dealer at 1246 Seventh Street, assigned to William J. Scholz who bonded $30. Jacoby’s assets reported at 500 with liabilities at 1,328.
MENTIONED IN THIS ARTICLE
Recorders of Deeds
Tfas Rafe
Seventh Street
Georges E. Tralles
Tralles
Clabaugh
Aaron Jacoby
William J. Beholz
Scholz
Jacoby
Boston Consumer Discrimination Bill Aimed In House
Representative Gnisyrola of Greenfield filed a measure today in the House to curb unfair discrimination and competition. The bill cites price differences by a franciva Ol Company selling the same grade of pulp at 14 to 19 cents in Boston while 10 cents elsewhere, suggesting favoritism in trade.
MENTIONED IN THIS ARTICLE
Boston
Jan
Gnisyrola
Greenfield
Tt Jg
Franciva Ol
Springfield
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Amalgamated Company
Prims Mercantile
Sterling Exchange
Bankers
Honda Steady
Haliroad
Jsn
Bradstrest
Inn
Philadelph
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Pittsburg
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Canada
Wall Street
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Washington Produce Market
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Pay
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Stoady
Charleston
Newport News
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Esa
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Estee Eee
Asd
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Great Britain
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France
Continent
Stork
Consolidated
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Jepen
Dan
U. S
Washington Cattle Market
NEW York Grain
Chicago Grain
Metal Market
M. Glam
Bay State
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Hester
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Burche
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Treasury Report
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Philippine Treasury
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Alonzo F. Jones
Phil Pitts
Robin Hood
George Ade
Tomorrow’s Sunday Post
National Safe Deposit, Savings Trust Co
Gov
15Th St
New York Ave
Merchants & Mechanics’ Savings Bank
E.R. Chapman & CO
Stock & Broadway
New
N.W
G. B. Chipman
B. Hibbs
W. B
Thos. L Hume
Sakrerseareaee
Ate uasTee
TR Mergenthaler
Bredit
Yrav
R’y Ptd
R’y Com
Steamboat, &c
Liberal
Banking
Ve Pesca Interpreta Bok
International Banking Corporation
G Street
Fisk & Robinson Bankers
Cedar Streit
State Street
Seston
F. H. Smith Co
Smith
LD. Latimer
C. F. Neahit
N. W
Continental (Fire) Insurance Co
Assata
JAS. A. Marvin Ry Co
Bonsat
Spid
Riggs Aia
Pa. Ave
U.S. Treasury
District of Columbia
Swartzell, Rheem & Hensey Co
Warner Building
E. Quincy Smith
Alvin M. Lothrop
Y. Pres
John B. Steman
GD. Wale
Jorkson H. Ralston
Lo, Klinten
Ants
Union” Savings “Bank
Fourteenth St
Perpetual Building Assn
11Th St. N. W
Campbell-Hudson Co
Wee Oat
Harrison Realty Company
Logn
District of
Columbis
Nadelay
Tonas
McLean
Ifn
Equitable Co-Operative Building Association
Ute
Equitable Building
Job
Joy Eason
Ellis Spear
Geo. W. Castlear
Frank P. Heesifie
John Joy Edeon, Jr
Azet
Brei'k
Pyta Geo
W. Fisher
Job Barnard
PB. B. Turpin
Geo. A. Hamtttes
F. V. Covillg
Larner
Washington Loan & Trust Co
Gfeice
Eveflus
Abeck
Thie Company
Otter
Mesa
Reel Astate
American Express CO
Traders National Bank
Washington Exchange Bank
Napoleon
Tegerding
Mney Conaider
Arthur Cowsill
Colorado Sailding
Sts
Buda
NRL i
Gold Divide Mining, Milling and Tunnel Company
Summit
Park Counties
Colorado
U Fe
Jenkins & CO
Cella Commission Co
Misemuri Corporation
Fatty Pata
Venta Canics
Americas National Bank
Ee Bot
Rational Bank of Commerce
St. Need
Lewis & CO
F St
Phone Ae
Francis R. Dooley & Co
le Droit