Wall Street Reacts to Hartman Plan News and Steel Trust Probe
The market closed active after strong gains in steel and iron shares with Norfolk and Western leading, while copper issues weakened on dull metal demand. Bank reserves rose by 3.26 million and loans grew, as Canada reciprocity talks and the Panama Canal disclosure affected investor confidence. The Harriman plan revelations suggest a broader world-spanning strategy, influencing Wall Street sentiment and potential railway and shipping systems.
MENTIONED IN THIS ARTICLE
Thomas C. Shotwell
Washington Post
New York
Strel and Atemson
Norfolk and Western
Canada
New York City
J. P. Morgan
Eupe
York
Washington
Wall Street
Stanley
Steel Trust
Whita Uy
Steel’ Trust
T Ag
United States Steel Corporation
Ani
United States
Lackawanna
Ratta
Pennsylvania
S J. Paw
Norfolk and Western i4
St. Paul
Puget Sound Railroad
Goulds
Western Pacific
Otto E. Kahn
E. H. Flarriman
Panama Canal
Harriman
Kahnad
Wall Street Gossip Sparks Rail Earnings Rise
Special to The Washington Poet reports that most railroad statements show higher gross earnings, with December figures notably strong for Atchison and Southern Railway. January earnings generally up from last year, while the American Railway Association notes more idle cars and brisk retail orders.
MENTIONED IN THIS ARTICLE
New York
Atchison
Southern Railway
American Railway Association
New York Stock Market Update Reported to Hibbs Co
W B Hibbs and Company bankers and New York Stock Exchange, Chicago Board of Trade received a market update. The note references prominent exchange bodies in New York and Chicago with attention to banking and trading activity.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
Bankers
New York
Chicago Board of
Lawrence Barnum & Co
St. N. W
Washington, D.C
Philadelphia
Pittsburg
New York Clearing House Banks See Large Weekly Increases
The United States Treasury announces New York banking week results with a sharp rise in loans, deposits, and surplus driven by the city bond sale. Banks gain cash from Treasury operations and interior institutions, while total deposits and loans reach new highs for the period. The summary notes a 45,525,60 increase in loans and 37,852,800 in deposits under actual conditions, with the overall surplus above year’s average.
MENTIONED IN THIS ARTICLE
U.S
Brace
Greater New York
New York Clearing House
City of
New York
Treasury
Swf
Washington stock listings and bids at noon
Regular noon call shows Washington Gas and Potomac Electric offers with varied quantities at 100 to 109 percent. Capitals Traction and Washington street rail lines quoted. multiple Washington Gas and com holdings with prices ranging from 27 to 78. Second National Bank and Fire Insurance notes also appear with small lots. GAS BOND?
MENTIONED IN THIS ARTICLE
Washington Gas
Washington Gases
Potomac Electric
Capital Traction
Washington Ry
Elea. Com
Washington Va Ry. Com
Second National Bank
Wa. Hynes
Tnsurance
New York Bond Market and Commodity Notes
Financial ledger style report from New York outlines money on call rates 60 day and 90 day figures, Sterling exchange, and government bonds. It lists cattle prices, veal calves, sheep, and lambs with per hundredweight and per ton measurements, plus railway bonds and commercial bills, all in a brisk market bulletin tone. It notes arrivals and miscellaneous items as seen in a dated money market page.
MENTIONED IN THIS ARTICLE
New York
Duyo A
Fuindhige Se Canals Co Sibaia
Ing
Prima Merantile
Ronpon
TOMA
Sterling Exchange
Benkera
Srows
Bank moves to new quarters and lists officers
The Bank of Commerce and Savings will be run by the same officers and directors as the Dime Savings Bank, led by Maurice D. Rosenberg as president and Joseph Sanders as first vice president. A long list of directors includes J. Collins, R. Earnshaw, J. Milans, A. Wolf, and others. Stock market notes follow with prices for Washington Gas, Capital Traction, and local bonds, plus weekly totals and international totals.
MENTIONED IN THIS ARTICLE
Ngs Bank
Eighth
G Streets
Ouray Bullding
Seventh
Bank of Commerce and Savings
Dime Savings Bank
Maurice D. Rosenberg
Joseph Sanders
Richard J
Samuel Hart
Harry King
Philip King
Joseph H. Milan
John H. Ontrich
Elie Sheeta
M. £. Swing
Harry Standiford
Clarence A. Weaver
Alexander Wolf
J. C. Wineman
A. Brylawski
John C. Letts
Harry WH. Mayer
Dime ‘Savings Bank
Dime Say
Maurice D.rosenberg
Richard J. Earnshaw
John F. Collins
Joseph H. Milans
John M. Riordon
Resignation of Lloyd M Tilman At Allentown Bank
The resignation of Lloyd M Tilman formerly a national bank examiner with headquarters in Philadelphia and well known in Washington financial circles has been accepted by the Comptroller of the Currency. Tilman now heads Allentown National Bank with capital of 1 million dollars, surplus 600000, assets 5530383, and plans to move family to Washington.
MENTIONED IN THIS ARTICLE
Lloyd M. Tilman
National Bank Examiner
Philadelphia
Washington
Tillman
Allentown National Bank
Allentown
Palmetto
Tenn
J. Fount Tillman
Register of the Treasury
Georgetown Law School
Allentown Bank
New York Cotton Market Stays Quiet Amid Mixed Signals
The New York cotton market opened steady then drifted to a close near the day’s lows. Net changes show modest declines with sluggish demand from trade and limited offerings, while Liverpool reports a softer Manchester trade and spinners show demand for raw materials as May approaches. Domestic dry goods reviews suggest better activity but Fall River and New Bedford mills report curtailment rising. Weather and South market news imply a largely unchanged sentiment ahead.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Manchester
Germany
Russia
Belgium
Fall River
New Bedford Mills
New York Produce Prices Quiet and Unchanged in Receipts
Market notes show steady to unchanged values across staples. Butter and cheese receipts varied little while poultry demand remained dull. flour, corn meal, and rye markets steady with mixed export interest.
MENTIONED IN THIS ARTICLE
New York
State
Pennsylvania
Hetnery
Turkea
Kansas
J. T
Bogota
Middle West
Continent
South America
Philadelphia
Paina
New Orleans
Rio
Cordova
Washington Produce Market wholesale prices listed
A Washington wholesale market sheet lists prices for fresh fruits vegetables and related items. It covers gas Virginia Tennessee butter cheese poultry and numerous produce categories with per unit and per basket or per crate figures.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
Tennessee
Elgin
New York State
New
Florida
California
Idle freight cars rise and surpluses shift U S and Canada
The American Railway Association report shows 122,297 idle freight cars on January 18, more than double January 19, 1910. Box cars fall 832 while freight car surplus grows due to storms, weak mill demand, and ICC unloading rules. Grain notes cite wheat gains on light end, corn mixed, and provisions rising amid market activity.
MENTIONED IN THIS ARTICLE
American Railway Association
Chicago
United States
Canada
West
Northwest
Iron and Steel
Interstate Commerce Commission
Live Stock Markets Report from Chicago and New York
Chicago cattle and hog prices show steady to weak trends with large receipts. Cattle receipts 304 head with varied classes. hogs 10,000 head, night trade steady while other sections weaker. sheep 1,009 head, market steady with mixed prices. New York trade notes cattle receipts 1,217 head, no active trade. calves 370 head, little business. sheep and lambs 5,217 head, dull market, lambs easing.
MENTIONED IN THIS ARTICLE
Chicago
Reeves
Texas
New York
Metal market steady amid quiet New York trading
The metal markets were quiet and largely unchanged in New York after the holidays. Copper held around 12 62 to 12 87% with electrolytic at about 12 97 and 12 9. tin near 42 33 to 43 70. lead around 4 45 and spelter near 5 25. iron listed as unchanged.
MENTIONED IN THIS ARTICLE
Fon Allg Chalmers
al. Anal
Iowa Central
Amalgamated Capp
al Rat
Kansas City Southern A
American Agricultural
Kansas City Southern Pra
American Reef Luxaranesity
Laclede Gaz “Srigi
Lehigh Valley Bay
Minneapolis
Louis
St. P
Amelia Ice Securities
Ber
Missouri Pacific
LeelAm, Smeil, and Refining
National Biscuit
O Am. Smett. and
Honal Lead Ae
American Steel Foundries
Itys. of
Mexico
Pla
Sjamerican Sugar Refining
Jaigte
New York Central
Luz
Iaata
OjAmerican Tel
Tel A
Payies
N. Y
Ontario and Western
Jamerican Tobacco Ptd
Norfolk and Western
al Sevranaconds Mining Co
Northern Pactte
Atchison
Pacific
Atchison Pf
Pacific Tal
Tel
Atlantic Coast Line
Pennsylvania
Lis
Baltimoera Andhio
People’s Gas
Bethlehem Stee Bay
SIEL
Putta
St. Lows
Brooklyn Rapid Transit
Tie Tike
TRI
Canadian Pacific
Pittsburg Coal
BNMO
Central Leather
Pullman Palace
Sea Railway Steel
New Jersey
Reading
Esapeake
Ohio
Republic Steels
Biones
Chicago
Aiton
Bet
Republc Steel
Chicago Great Wes
New
Roch Island Ca
Chicago Great West
Pia
Rock Island Co
Northwestern
San Fran
St. Paul
St. Lonta
Consolidated Gan
Southern Ralingy
Southern Hallway
Bee Delawers and Wadson
Tennessee Copper
Denver
Rilo Gran
Texas and Pacific
Denver and
Rio Grande
Tol
St. Ja
Western
Distillers’ Securities
St L
Union Pacific
VIBYS
jErie
United States
New York
Allia-Chalmers
Quincy
Ceue
Burlington and Quincy
Milwaukea
Delaware and Hudson Ev
Anil
Paar Bys Fries
Tai Central Lst
Spa
Japan
Fae
Puleville
Nashville
Beontt
Annava
MD Incourl
Kansea
Texas
Imsourl Pacific
Atlon
Railways of
Merley
York Ritral
York Central
York
New Tayen
Hartford
Folk Abil Weatern
Northern Pacific
Gregon
Bennsy Vata
Aireinia c
Chemical
Maryland
Westinghouse Hottie
Wisconsin Central
Jar
Lake
New York Grain Market Opens Steady on Cables
The New York grain market opened steady on the cables and covering before slipping under liquidation due to weak cash demand. No. 1 northern Duluth futures in Chicago showed slight moves, with prices around 1.18% f.0 and near unchanged by close.
MENTIONED IN THIS ARTICLE
New York
Duluth
Also Mentioned on This Page
Stock
Hartiman
Wall Street Circle
Marshall Field & Co
Western and Northwestern
Hook Island
Southern Pacific
General Chemical
NEW York Stock Market
THE
United States Treasury
Clearing House Banké
Statemenc
Incromsa
Specia
Crstoma
Jenary
tBli
Philippine Treasoury
Washington Stock Exchange
Boston
Washington Cattle Market
Vac Axe
Curb Market
Hostes
JaneCloathy
Anantha
Bute Foster and
Gerb
Mg Coalition
Ian Vance
Consolidated
Terany Consolidated Lea -Cananeaary
Moan Ot Nevada
Oe Moan
Lear
Tian Copper Lampang
Bia
Georgetown Gas
Washington Gag
Anacosia
Potomac
Joss
Columbia Ry
Ortsa
Wis
Columbia Ity
Yaeb
Ry Ao Lee Dg
Bolg Wash
Alex
M Fern
Poe
Foner. von
More
Himetson Steam Pump Co
Te Anial Arnation Co
Inia
Boks
Norfolk and Wineitapton Steam Voat
Georgetown Gas - American Tend
Mergenthaler Linotype
Sansfon Afanotype
Greene-Canmea Copper
Gry National
American
We Capital
National City
Columbia
Metropolis
Trust Company
American Security and ‘Trust
National Sayings and Trust
Wasatn, Union Trust Company
United By On Loan
Truates Trust Company Savings Bank Rocks! Home Savings Bank
WS Security Storage Co
Washington Market
Giroue
Intercontinental Rubber
Kerr Lake
la Rose Consolidated Kis
Miami Copper
Nipissing Mines
JOR
Roy Consolidated
Western Pacific fa _ gan
Yukon
Local Financial
Tound Yi
Mergenthaler
Hst
Washington Railway and Electric Common
Washington and Virginia Railroad Common
Second National
Bank ‘Malg
Net. Grom
Salen
Stockatock
Galveston
Orfeana
Poto- Mobile
Ington Gas
Lanston
Wilmington
Louteville
Bar
Great Britain
France
Wil
Memphis
Stock Exchange
Seaboard Air Line Railway
Blair & Co
United States’ Trust Company
G Street
Fourteenth
Fifteenth
John B. McPherson
United States District Court
Lawrence C. Murray
George R. Comings
United States Assay Office
Joseph F. Johnston
United States Senate
Thomas W. Hardwick
House of Representatives
T. A. Fischer
Bureau of Standards
J. Branson
Mitchell
S. D
John W. Hart
Menan
Idaho
Alfred Holman
San Francisco
Frank A. Leach
Oakland
Cal
James H. Manning
Albany
A. G. Proctor
St. Josaph
Rolling
American Telephone and Telegraph Company
Baltimore and Ohio Railroad
Pennsylvania Railroad
Insurance Department of the
Pennsylvania Railroad System
Nes
Washington Produce Market
E Streets
N. W
Rosa P. Andrews
Louis Bush
Wiliam A. Bennett
William Blum
George 1
Barker
Max Cohen
John _F. Collins
Floyd E. Davis
Richard J, Earnshaw
William A. Engel
Harry Friedlander
Albert S. Gatley Ashley M. Gould
M. E. Swing
Alexander Wolt
Wineman
John GC
Delta
Harry E. Mayer
Chicago Grain
Baltimore
Big Bulla Sfil
NEW York Grain
U. S
Banking Department of This
Offic
Edward J. Stelwagen
Geo. E. Hamilton
Geo. H. Fleming
J. Nora McGill
Edson B. Olda
Edward L. Hillyer
Harry 0. Wilson
W. Frank D Herron
Wiliam J. Crane
Charles Baring, Inc
New Street
Ivestors
Cher
Cat
Ti Broad Street
Newspa
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