Bank of England helps boosts time loans and copper stocks slide
In New York trading the Bank of England rate cut from 6 to 4 1/2 percent lifted sentiment briefly while copper stocks rose in early hours. The Producers Association report showed a 43.5 million pound jump in copper stocks and a sharp drop in consumption, sending copper stamps and New Haven shares down. Sugar fell more than 4 points as American sugar weakened. Bonds showed irregular moves with overall higher call values.
MENTIONED IN THIS ARTICLE
Bank of England
Cail Loana
Time Krans
Mercantile
Producers Association
New Haven
United States
Panama
Washington Railway and Electric and Potomac Electric stock notes
Local stock exchange summary shows regular sales at noon with multiple bids and small lot trades. Washington Railway and Electric across common and preferred, Potomac Electric Company and Potomac Electric Light, plus Mergenthaler Linotype, exhibit varied prices and small lot counts reflective of a midday market snapshot.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric 4N
Potomac Electric Cons
Potomac Electric Light
Washington Railway and Electric Common
Bo Washington Railway and Electric Preferred
Washington Gas
At &H
Mergenthaler Linotype
Zink
Market summary of livestock and grain futures
Chicago hogs see unsettled trade with early gains around 100 cents. Cattle steady to strong on 5,000 head, calves and cows mixed. Sheep receipts 18,000 with steady tone. New York calves and sheep similarly steady. Western markets show mixed cattle notes andнер доллар. Credit balances and shipments reported with totals and averages.
MENTIONED IN THIS ARTICLE
Chicago
Reeves
Reeves, ¢.70@9.40; Taxman steera
Ateekers
Sheders
Nat Tves
New York
Bueves
Wall Street Gossip Sparks and Slumps in Early June Trading
The market held on until bears pressed and copper and idle-car factors weighed in. Rumors of Pennsylvania divesting over $50 million stock stirred bets, boosting Norfolk and Western’s supply. Northern Pacific trades ex dividend tomorrow. Copper Producers Association reports December stock up 43 million pounds. Boston and Maine offers stock swap with Maine Central for 6 percent bonds. Baby Bonds trend spreads shrinkage of small value issues, prompting curiosity on total small-bond value.
New York Money Market and Rate Briefs
New York money market shows jam call money passers at 26 3 percent ruling rate with 24 closing and 24 02 percent. Time deposits weaker at 9 days 4 44 90 Gaga, six months 44 4 percent. Mercantile paper at 56 95. Sterling exchanges strong at 80 days 4 8382 demand 4 8870. Commercial lists 4 32. Barnfiver 67 American dollars 44 percent. Government and railroad bonds irregular.
MENTIONED IN THIS ARTICLE
Mets
Louisville & Nansee
Armerican
Kans & Texas
freAsesee
Amer
Ar & Fdy
Freegass
Miami Copper
Bal
Arger
Missouri Pacific
Aoe
Ica Securities
Americ
Amer. Motive
Ehavert
New York Central
Wisei
Ontario
Amer. Tel
Norfolk & Western
Atchison
Pacific Mail
Pennsylvania
Babes
Pullman Palace
Canadian Pacific
Ray Consolidated
Central Leather
Chesapeake & Ohio
Republic Iron & Btxell
China Consolidated
BibBa
Republic L & 8
Chicago
Hestenheess
Colorado Fuel & Iron
Seaboard Air Ling
Consolidated Gas
Seaboard Air Icnepid
Western Products
Ecees Sloss-Shef
I Preserers
Delaware & Hudson
Sfasave
Southern Pacific
Denver & Rio Grande
Southern
Texas & Pacific Ml
Erielet
Union Pacific
General Electric
United States Realty
Goodrich Daceas
United States Rubber
Goodrich
United States Ateel
Great Northern
Sol
G. Steel Pra
Great North
Utan Copper
Illinois Central
Eaelon
Interborough-Met
Wa-Caro
Cherh
Inter Met
Wabesah Wee
Inter
Harvester
Wabash
Inter. Marine Pfd
Ogteldence
Western Maryland
Jesse
Western Union
International Pump
Veatinghouse Electric
Kansas City Southern
Lake Erie
Laclede Gas
Teaesereee Wadesees
W. B. Hibba & Co
New York Stock Exchange
Hibbe
Gacae
New York
Mercantile Paper
The Metal Market Report Summary
Copper unsettled on spot and futures, 44.60 per 100 pounds, New York and Japan markets cited. Iron and other metals show limited quotations with unclear futures, some figures legible around 14.37 for casting. Domestic mentions include Cleveland and London references amid mixed price data.
MENTIONED IN THIS ARTICLE
New York
Stendard
Isss
Lake
Banton
Cleveland
Lomton
Wall Street Notes Red Hot as Public Utility Bonds Lead
Investment buying dominated the royal security market with Washington Railway and Electric 4s showing strong demand and bids up to 7978. Potomac Electric consolidated and first mortgage 5s attracted steady interest while Merghenthaler stock remained active around 2132-8. Washington Gas gained support. Columbus Gas and Electric trading narrowed, and Capital Traction saw only limited offers as buyers increased, signaling a market uptick.
MENTIONED IN THIS ARTICLE
Georgetown Gas
Washington Gas
Columbia Gas and
Eleo Seme
Col
Ana, & Potapital Traction Co
Heen City
Buburben
Columbia Rwy
Mort
Ferseees
Metropolitan A. R. Ss
Washington Ry
Hiec
Wash
Alex
Mt. Ver
Elec
Telghone
We ‘Tel Fm
Tel
Wash. Market Co
Wash Market
Sas
Rey Sores Tyee
New York
Jan
Mergenthaler Linotype
Lanston
U. S
U_ S
Lincoln
Ates
Washington
TRI
National Savings
Sesee Nick Trust Company
Aiatg Wash
Loan and Trust
Continental Deennes Is Savings B
Home Savings Bank
Wren Commerce & Savings
Tee
Tneurange
Arlington
Firamen
Corcoran
Columbia Nite
Seaee Real
Sterey
Kapin-Sacks Company
Col. Pur Mie
Mer. Tran. & LS
Washington Railway
Hendeath
Potomac Electric Consolidated
Siaa
Washington Railway and Electric Common
Mergenthaler
Columbus Gas and Electric Company
Capital Traction
Trade figures show Britain first half year gains in 1812
Britain’s trade summary shows imports totaling 2.865 billion dollars for the year ending, with exports at 3.176 billion. The figures indicate an import decline and export rise, reflecting shifts in the balance of trade for the period.
MENTIONED IN THIS ARTICLE
Ndon
Jan
Great Britain
Nis
Holland Writes of Morgan & Co Move and Possible Results
Holland analyzes Morgan & Co plans and the possible financial aftershocks. He notes upcoming bank stockholder meetings to gauge sentiment on Morgan’s partners stepping back from boards, and warns of a year in the waiting room for finance and stock activity. He discusses interlocking directorates, potential shift of financing to Europe, and a return to more pure commercial banking. Holland foresees a readjustment over two to three years with open competition replacing close cooperation in large finance.
MENTIONED IN THIS ARTICLE
New York
Jan
House of
J. P. Morgan & Co
Morgan House
Mr. Morgan
J. P. Morgan Nimeelt
Georges F. Baker
Pujo
Col. Roosevelt
Cleveland
Congress
Sherman Ellyer
Stock Exchange
Europa
Morfan
Ysarea
City of
Brest
London
World Money, Center
United States
Holland
Local Produce Market Prices Report
Wholesale fruits and vegetables across Virginia Maryland Pennsylvania and Delaware show strong demand for produce. Poultry prices list live spring chickens and turkeys with varied weights. dairy products including butter and cheese appear, and a wide range of vegetables and greens are priced by crate basket and per unit. Market notes reflect regional supply shifts and mixed price ranges for oranges lemons grapes and other items.
MENTIONED IN THIS ARTICLE
Virginia
Pennsylvania
Maryland
Delaware
China
New York State
West Virginia
Florida
New York
California
Malaga
Washington Cattle Market Readings Mixed Across Commodities
A fragmented Washington cattle market report lists varied prices and receipts for cattle, cheese, poultry, flour, buckwheat, cornmeal, hay, pork, beef, lard, petroleum, sugar, coffee, potatoes, and cabbage. It notes unsettled dairy and poultry values with steady to barely steady tone, and multiple regional price points in 19th century units.
MENTIONED IN THIS ARTICLE
New York
Jan
Pannsylvania
Middle West
Continent
South America
Cordova
Bermuda
Baltimore Markets Report Shows Poultry and Butter Prices
Market notes list live poultry values for various fowl including chickens ducks and roosters with price per pound and per dozen details. Butter prices cover creamery fancy grade, food grade, prints and blocks with regional notes for Maryland Pennsylvania and nearby states plus dairy-plant pricing information.
MENTIONED IN THIS ARTICLE
Kent Taland
Maryland
Pannsylvanis
Dow
Wartern
West Virginia
Pennsylvania
West Virginis
Virginia
Ppentsylvania
New York Grain Markets Show Steady Start Then Slump
Markets opened steady for export cargoes with New York and Duluth bids unchanged. Prices edged lower as export demand weakened and western demand cooled, May and July futures drifting modestly as corn and barley also traded near steady levels amid uncertain overseas orders.
MENTIONED IN THIS ARTICLE
York
Jax
Northérn
Dulutis
Sae
New York
New York Cotton Market Ends Steady After Fluctuations
The New York cotton market opened tentatively and closed steady after a day of 6 point swings. Holiday effects in New Orleans and global selling pressures influenced price movement with market activity restrained and futures showing modest losses and gains across the session.
MENTIONED IN THIS ARTICLE
New York
Jan
Four Hurt in Freight Collision Near Hagerstown
A January freight train collision on the Norfolk and Western Railway at South Junction near Hagerstown Maryland left four trainmen injured with cuts and bruises. The crash disrupted operations as crews investigated the derailment and secured the scene.
MENTIONED IN THIS ARTICLE
Hagerstown
Norfolk and Western Railway
South Junction
Argentine corn imports surge as tariff drops prompt shipments
New York reports nearly 800000 bushels of Argentine corn being unloaded with millions more under contract. Imports follow the tariff act removal, boosting U S arrivals to over 1,000,000 bushels since the measure took effect. Thirteen ships are en route or loading. An American manufacturer holds 600000 bushels under contract.
MENTIONED IN THIS ARTICLE
New York
Jan
Mllions
South American Republic
United States
Brazilian Failure Shocks Sao Paulo Banks
A Sao Paulo based company, Incorporadora, founded in Brazil, has failed. The Indore poradora Company collapse implicates banks across Sao Paulo state, with several foreign banks named as principal creditors. Incorporadora, a small promoter with capital of 600000, financed minor country banks aiding coffee growers.
MENTIONED IN THIS ARTICLE
Pollapee
Seo Paulo
Bao Paulo
Brasil
Indoreporadora Company
Ao Paulo
Incorporadora
Suit to halt U P Melon Holdings of Baltimore and Ohio
A suit filed in New York Supreme Court seeks to restrain Union Pacific directors from distributing Baltimore and Ohio stock holdings to common stockholders. The action, led by James T. McCaddon and other preferred shareholders, argues Southern Pacific stock included in UP capital. distribution planned April 1 for stockholders of record March 2. UP executive committee had approved the plan. Robert S. Lovett dismissed the suit, saying he does not care.
MENTIONED IN THIS ARTICLE
New York, Jan
Union Pacific Railroad Company
Baltimore and Ohio
Supreme Court
James T. McCaddon
Otto H. Kahn
Union Pacific
Union Pacific Common
Southern Pacific Common
Robert S. Lovett
New Bureau Plan for Indians Supported by Officials
Senator Robinson of Arkansas proposes a bureau independent of the Interior Department to oversee Indian affairs with a three member commission led by the Indian affairs commissioner, aiming to relieve the overburdened Interior Department. Representative Carter will amend the Indian appropriation bill to consolidate Indian bureaus in Oklahoma and appoint a president at 5000 dollars annually to settle tribal accounts and aid allotment development.
MENTIONED IN THIS ARTICLE
Joseph T. Robinson
Arkansas
Interior Department
Cato Sells
Indian Affairs
Congre Benatey Robinson
Commissioner of
Civil Commission
Carter
Oklahoma
Five Civilized Tribes
Handbook trial set for navy yard employes next week
Trial of navy yard workers implicated in the September raid to start next week before Judge Pugh in the United States branch of the police court. Porter L. Paylor to be tried first on charges of accepting bets on races. Additional attorneys admitted to practice before the District Supreme Court. William Stewart convicted yesterday in the same court of stealing a lord of coin and fined. in default, fifteen days in jail.
MENTIONED IN THIS ARTICLE
Navy Yard
John W. Cufton
Tennessee
Henry L. Wolfe, Jr
District Supreme Court
William W. Bride
Mr. Clifton
R. E H. McNamara
Wolfe
W. H. Dennis
Marcus Bereshardt
William Stewart
United States
Police Court
Typhus Ship at New York Immigrants Isolated
Two hundred and fifty Turks and Syrians aboard the Roma were removed to Hoffman Island after a typhus outbreak during the voyage from Marseille. Most passengers were placed in isolation, while others remain for observation. Dr J J OConnell stated the public need not fear an epidemic as officials monitor the case.
MENTIONED IN THIS ARTICLE
New York
Fabre Line
Roma
Hoffman Island
Marseille
Providence
Isolatong Hospital
J G Wilson Slowly Sinking
Gen James G Wilson, 81, lies in St Luke's Hospital since December 1 and shows no predictably improving condition. Doctors withheld forecasts as his health remains perilous.
MENTIONED IN THIS ARTICLE
J. G. Wilson
New York
Jan
James G. Wilson
St. Luke's Hospital
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