Prices Fall as Bond Demand Drops in Muted Wall Street
New York traders report a dull session with minimal activity amid anticipation of a presidential message to Congress. Bond demand faded while stocks drifted, the Bank of New Amsterdam and other banks faced suspensions, and prospects of new revenue and remittance shifts tempered market buoyancy.
MENTIONED IN THIS ARTICLE
Wall
Treasury
Wall Street
Amy Qat- Mentar
Bank of Ene
Wis
Hse
New York Bond Market Gathers Limited Activity
Local financial notes show subdued trading at Stec'x Exchange with 100 Langton shares at 1014, 16 Washington Exchange Bank at 105, and $500 Washington Railway and Electric bonds closing the session. Gas stock rose to 68 bid, Georgetown Company quoted at 7 bid with limited buying interest. George W. Young’s Jersey City departure from Commercial Trust highlights transfer agency ties to Washington Railway and Electric. Upcoming meetings include Washington Gaslight on Feb 3, Firemen's Insurance on Feb 17 seeking charter, and Washington Alexandria Mount Vernon Railway on Feb 6 at Mount Vernon to elect directors.
MENTIONED IN THIS ARTICLE
Stec'x 'Exchange
Langton
Washington Exchange Bank
Washington Railway and Electric 4E
Georgetown
Commercial Trust Company of
Jersey City
N. 5
George W. Young
Lergely
Washington Railway and Electric System
Washington
Washington Gaslight Company
Firemen's Insurance Company
Congress
Alexandria
Sake
M. ‘Lanaton
Weakinsta
Exchanga Bank
Washington Railway and Electric 4S
Be. Mergenthaler
Duntetfona An Yesceréaya Stock Exchange
Auked
Philippines
District of Columbia
Washington Gas Company
Washington Gas Co
Atte Ina
HignsLow
Satoe
Capital Traction
R. Save TD
Hign
Amalgamated Copper
Kansas City South
Columbia Railroad
Inort
Farenil Founery
Louisellig and
Nashville
Metronalltan Railroad Fe
Minneapolis
St. Louis
Washington Tr
American Coctan Gil Pfd Co
Si. P
American Express
Mi. St. Po
M. Pd
Evsefos
Potomac Electric Light
Norfolk and Wash
Steamboat
Americean Jeo Securities
Miemout
Wangs
Texas
Kaw
Sun Capital ‘Traction
Amer
Beyer IN
Ontario and Western
Washington iv
Flee
Washington and
Blee
Norfolk Ant
Norfolk Ant Weatern
Norfolk and Western Pid
Este
Korfrilk
Molamtricen
North American
Washington Gas
Am Tobacco Etts
Georgetown Gas
Anaconda Mining Co
Northern Pacific
Ae Totanhone
Pennsylvania
Son
Pactie Mall
Atchison
Pittehs
St. L
Galutmora
Ohio
Lanston
Greene- Cannon
Canadian Pacifte
Pullman Palace
Gentral of
New Jersey
Hieasgliongyiby
Mitchel” Mining
Chicago
Northwestern
Rock Island Go
Mil
Paul Fad Fuia
Seo
Rock Island Co
Sheago Tarma
Tosi
Lincoln
Ser
eiBb
Loula Southwestern
Metropolitan
Boig
Vals Southwestern
Colrads
Shomeld Steel
Columda
Southern
Colorado
South
Washhington
Colorada
Itil & Eq Si
Southern Rathway Seal
Union ‘Trust Company
Delaware and Hudron
Toledo
Washington Lon
Hea
United Stang Trust Co
Delaware, Lark, and
West
Union Pact
Medea
Denver
Lo Grand Oak
Union Facili Pia
Rio Grande
United States
Home Savings Bank
Matittlens
United States Realty
Ferchants
Meenanica' Bank
Guopeio Cseseesesee
United States Rubber
Styota Washington
Ringe Bank
United States Rubber Ned
Union Savings Bank
Erto
United States Steel
PEA
General Ele Rie
Coumbia Arlington
Noram
Virginia-Carolina Chemical
Bry Hase Enteal
Wa -Carolina Chamiecal Pra
Jae Commercial
Stemnational
Wabash
Corcoran
Loria
Wabash of
eOl International Pump
Welle-Fr Express
Wentinghoven Electric
Verman- Atean
Interborough-Metropolitan
Bof Western Wnion
National Union
Faterborough-Mat. Ofd
Wheeling and
Lake Erie
Wisconsin Central
Riggs
Ioliowa Central Pi Fa
Wisconsin Central Pfa
Urance
Columbia
W. B. Hibbs & Co
F Street
New York Stock Exchange
Chicago Board of Trade
Southern Public Service Corporation
Washington Stock Exchange
Washington Market
Washington stock exchanges and New York market snapshot
Paraphrased figures show January 8 financial statements with Treasury notes, gold and silver holdings, customs receipts, internal revenue, and deficits. Highlights include totals for general fund securities, reserve fund, and outstanding railroad and federal securities data referenced from New York and Washington disclosures.
MENTIONED IN THIS ARTICLE
New York
B. J Hutton & Co
Chipwail
Tadnagert
American ‘Tobacco
American Tobacco
Ison Rowral
Mehien Adjustment
Courortle
Luntig Coast
Customs
Georgia
Rlingkon
Quincy
Hirao
EL Sued Park Railroad
National Bank
St. Louis
Colorado Industrial Ja
Perlen A
Colsrady Midland
Treasury
Southirn
Fa Bandara
Denver
Rio Grande
Distillers' Securities
United States
Hocking Valley Dia
Tivtarborough-Matropaliten Ig
Japan
Toe
Taufevie
Nashville United
Manhattan Consol
Xolt
St Louis
Missouri
Kauss
Tesny Missouri
Kansas
Texas National Railroad of Mexico
Consol
New York Central General Ss
New Jersey
Morthes Pacific
Norfolk and Western Consul
Oregon
Ponnavivenia
St. Lou's Amt
Tron Mountain
Lons
San Francis
Philippine Treasury
Southarn Pacific
Southern Pacife
Reuthern Railway Sa
Texan and
Tuleua St
Loin
Union Pacific Sa
Tulon Pacific
Wabasa Sts
Wabash Gebenty
Maryland Lake
Jois
Sta jUmerod
New York Money Market Summary Mayhem and Mixed Rates
New York money market shows gains and dips with varied demand. Money on call quiet with rates around 2 percent. time loans easy at 4 percent for short terms and 4 1/2 percent for longer terms. Prime mercantile paper steady. sterling exchanges firm with bankers’ rates near 4.87 for demand and 4.84 for sixty days. Government bonds irregular. railroad bonds uneven.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Bankers’ Pita
Geminasrctal
Livestock Market Offers Weak Trading Across Regions
New York report shows light demand for cattle and hogs with steady to lower prices. Cattle receipts near 907 in early totals, calves dull. hogs 3,075, prices easing. sheep and lambs slow with wide ranges. NYC and Chicago bids mix as butter, cheese, and fruits hold steady amid fluctuating after-Christmas trade.
MENTIONED IN THIS ARTICLE
New York
State
Pennsylvania
Chicago
Recein
Virginia
West Virginia
Yuno
Calvey
Gitte
Greanfangs
T. Sweets
Shye
York Toporigia
Florida
California
Cranberrlas
Barral
Wall Street Gossips on President's Message and Market Bets
Special to The Washington Post New York Jan 30 Traders expect the presidents special message to Congress to be unfavorable with advance copies circulating. Reading stock holds firm while Amalgamated Copper sees short interest and a possible squeeze. Steel Corporation Jones & Laughlin rumor proves unreliable. Union Pacific and Southern Pacific show firm, with modest fluctuations. Clark’s potential testimony in Harriman suit discussed, San Pedro viewed as weak point in Harriman case.
MENTIONED IN THIS ARTICLE
New York
Bank of New Amsterdam
Mecrantes and Traders Bank
United States
Congress
Suakeler
Wall Street
Washington Post
Boston
Wallstreet
Hia
Washington
Republicqan
Shorts
Steel Corporation
Jones & Laughlin
Star
Pittaburg
United States Steel
Union Pacific
Southern Pacific
Clark
San, Pedro, Los Angeles
Salt Lake Road
Harriman
Union Pactite
Washington cattle market pricing report prompts mixed activity
The Washington market shows lambs quieting while calves stay active amid fluctuations in cattle and hog values. Spot pricing includes extra heavy cattle at 5.00 per ewt and hogs from 3.60 to 5.75 per ewt, with sheep and lamb categories showing varied bids and several format garbles in figures.
Baltimore Markets Sugar and grain prices recap
Baltimore markets report steady or mixed movement across commodities with flour dull exports around 5,103 and 2,994 for Western and other grades. Corn and rye show weak spot and rising No 2 and No 3 white prices, with grain freights quiet to Liverpool and February cork orders. eggs and cheese steady. sugar unchanged.
MENTIONED IN THIS ARTICLE
Baltimore
Sligelm
Ely
St. Tecelpte
Eesler
Timothy
Stover
Liverpool
Cork
Fency Creamery
Wheat and corn futures fall on weak cables and rains
New York January 30 Wheat receipts 21 000 bushels sparking a bear market advance lows. Final prices show net declines with May at 1 064 10 0 a s and July 1026 1 0 t m. Corn receipts 97 835 bushels exports 92 828. Spot No 2 elevator easy, oats steady, rye lower amid liquidation.
MENTIONED IN THIS ARTICLE
New- York
Exporia
Duluth
Kaogas
Tuly
Ama
Ryg
New York
Chicago Grain Prices Rally Amid Weak Wheat Market
Wheat futures fell from intraday highs as heavy selling by holders pressed May as heavy Argentine shipments and damp weather stirred bearish sentiment. Provisions rose while oats softened. cash wheat eased in Southwestern markets with primary receipts and local deliveries shaping the day’s close.
MENTIONED IN THIS ARTICLE
sLecy
Barty Rats
Chicago
Argentina
Activn
Weilk
Tao
Eoh
Minneapolis
Duluth
Ami
Tike
New York Cotton Market Extends Decline on Slow Cables
The New York cotton market slid today with a net decline of 2 to 13 points as early gains faded. Estimated sales reached 250,000 bales amid a day of volatile moves pressured by local selling and weaker overseas cues.
MENTIONED IN THIS ARTICLE
Engl
Law. Ciose
New York
New England
Metals Market Roundup from New York and London trading
The London tin market held steady to up five, copper fell sharply, lead stable, zinc slipped, and the English front market eased. Domestic markets showed no change with foundry grades No 1 Northern at 18.25 to 18.75 and No 1 Southern at 18.00 to 18.18, reflecting a subdued metal scene.
MENTIONED IN THIS ARTICLE
New York
London
Foundry Northern
Foundry Southern
The Big Contest Is On and Post Prizes Invites All
A popular contest offers five hundred dollars in attractive cash prizes for winners. The Post urges readers to save coupons and join the fun to win large prizes.
Governors Lead Delegation in Push for Appalachian Forest Reserve
A 200 member delegation from Georgia New Hampshire and eleven New England and southern states urged the House Agriculture Committee to authorize a forest reserve covering the Appalachian and White Mountains The Carrier bill would let the Secretary of Agriculture advertise acquire lands under low bid and finance with 5 million dollars with state ratification The plan targets 5 5 million acres in the Appalachians and 1 5 2 million in the White Mountains supported by Gov Hoke Smith and Charles M Floyd Dartmouth College and New Hampshire forester Philip W Ayres The group warned of a looming timber famine driven by extensive spruce cutting and hardwood use and Pinchot cautioned about a national timber shortage of hardwoods.
MENTIONED IN THIS ARTICLE
New England
South
House Committee On ‘Agriculture
Gova
Hoke Smith
Georgia
Charles M. Floyd
New Hampshire
Secretary of Agriculture
Scott
Kansas
Smith
Appalachian Mountains
White Mountains
Philip W. Ayres
Society For the Protection of New Hampshire
Dartmouth College
Gifford Pinchot
Bureau of Forestry
United States
Compromise with Asiatics Reached in Johannesburg Detail
London January 30 The Standard reports the government and Asiatic leaders reached a settlement allowing signatures for registration instead of fingerprints and all prisoners under the act to be released. Leader Grandhi is said to have accepted the arrangement for his countrymen.
MENTIONED IN THIS ARTICLE
London
Johannesburg
The
Standard
Grandhi
Steel trade looks up in conference on ore prices
A gathering of major steel producers including United States Steel Corporation Republic Steel Bethlehem Steel Jones & Laughlin and Pennsylvania Steel met at US Steel offices to discuss the steel iron trade and the potential new ore price schedule. Industry sentiment improved with a perceived turning point. In Chicago Illinois Tiinois Steel Company officials said lines 1 and 2 plate mills will resume operations next Monday employing 150 workers after a two week shutdown for repairs.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
Republic Steel Company
Bethlehem Steel Company
Jones & Laughlin Steel Company
Pennsylvania Steel Company
Chicago
The
Tiinois Steel Company
Plata Mills
Steel Plant for China to rise at Hankien for Chinese capitalists
New York reports an enormous steel plant to be erected at Hankien China by a company of Chinese capitalists. The plant aims to supply railways in Central and Northern China and could become a major factor in the Far East steel trade. Initial cost is about 9 million dollars with American efforts to replace orders for equipment. Additional plants are planned in Japan and India with total cost over 25 million dollars.
MENTIONED IN THIS ARTICLE
New York
Hanken
China
Far East
America
Wiew
Japan
India
Hotels List Shows Guests Across Cities and States
A dense toll of names from hotels in Baltimore Philadelphia New York City and many other places appears in a sprawling register. The long roster includes guests from Raleigh Des Moines New Orleans Detroit and more with multiple Willards and Metropolitan references among travel and lodging notes.
MENTIONED IN THIS ARTICLE
Baltimore
H. M. Kieppich
National
Seward J. Ryan
Raleigh
Robert
Woodbury
Pra Tew
Homer Addams
D. J. Normoyle
Frank §. Busser
J. H. Mart
L. Field
A. W. Sewall
Artington
New York City
J. W. Hayden
August
Boppand
W. P Field
Metropolitan
Z. H. Downman
Louis C. Hast
C. Servoing
Mimi J. Lynch
Dorothy A.” Dutcher
Joseph Harn
Wesley Sleson
Wild
Lucius Weinschank
Charlee F. Boynton
J. A. Pizzini
A. J. Brocka
A. F. Dawson
L. &. Skinner
Moscher
James Miller
V. Newman
Avarté Tracy
Arlington
Joseph
Clerke
Edwent HL. Child
Connecticut
J. Frank Stanton
Bridgeport
Irs
J.C. Gelb
Miss. Gelb
Stamford
New Willard
Georgia
R. F. Duckworth
Union City
Charles
McKennie
Illinois
P. W. Dana and
Wits
Fulton
TOWA
L.R. Hypes
Council ‘Bluffs
K. Cahn
New Orleans
Massachusetts
H. Bottomlere
Pall River
St. James
John
Kane
Lawrence
Michigan
H. Herrmann
Detroit
Migsouri
M. L. Neil
St. Louis
J. James
Montana
M. McLeod and
Wite
Manhattan
Raeth
Aebraska
T. P. Gwen
York
Bt. James
New Jersey
B. J. Holwes
Bayonne
Shoreham
A. W. Gilbert
Ithrea
St. Jn
T. de Lang
Syracuse
North Carolina
Ramen
Asheville
Victoie
Hobart
Saint Airy
Sulu
Greensore
H. B
Ygllem
Ragurs
Keith
Wymington
Haletgis
Ohiq—M
Mc ¥Acehy
Columbes
St. Jaimes
Benes
Cleveland
Oklahoma
Charles W
Bilas
Muskogee
Raligh
Pennsylvania
E. Tate
Reading
W. A
Par
S. E. West Virginia
John T. Worsey
A. Val Grafton
NOREA
Beaval
Porto Rico
Leé Nizgh
Gan Juai
Pedrogy Jough
A. Cueto
Jon Y. Cotas
Cr. MaLoon
F. H. Crowder
May Marit
Rik Riaha
Mr. Petey
Plaintiff sues Montgomery fair for injuries from bullets
Charles W. Thompson, colored, sues Montgomery County Agricultural Society in Circuit Court for 2600 dollars claiming bullets from Rockville fair grounds injured him. He says while walking amid the grounds he was struck by a bullet from a shooting gallery at the fair. Also notes a five masted schooner Baker Palmer floated after grounding in Lower Chesapeake Bay.
MENTIONED IN THIS ARTICLE
Montgomery Fair Grounds
Washington Post
Rockville
Charles W. Thompson
Eergomery County Agricultural Society
Darin
Rockville Fair
Operar Grounds
Norfolk
Baker Palmer
Newport News
Boston
Chesapeake Bay
Rescue
United States Revenue
Apache
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Sinuyp
Jehan Lar
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Mergent
Moncey
Hasder
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Jan
Albany
Malas
Heaton
American Steel
Adams Express
New Mayan
Hartford
Davie-Dalyie
Mitchell Mining
Dominion Tron and Steel
Ralaon Electric
Nevada
Utah
Ah General
Nipissing Miner
Ak Mogenehusetts Lectric
Sealad Company
Maceachunetts Flectric
Seabird Company Ist
Seaboart Company
United Frit
Astandard OM Er
Ensted Shoo Machins
United Copper
United Bhoc
Ste North Butte
AD Washington Railway
Atlantic
OW Mire
Ulead
Chis
North Lima
South Lima
Turkore
Revelptes
Peninsylvania
Greta
Axporte
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Minnesota
Rio
Gantos
Cartara
Washington Cattle Market
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Ihia
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Chicago Grain
Stack, Galverton
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Charleston
Wilmington
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Loula
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Continent
Dapan
Great Britain
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Jepen
Net
Great
Bertrain
France
Maxi Lan
Metal Market
Appalachian
Cartier
Bill
Transvaal
Steel Trade
Orient
F. Seni
Brice J. Moses
Alex. S. Clarke
Howard Moran
Michael J. Colsert
Wm. Bahn J. Phitty Herrmenn
R. Harrison Johnson
James F. Shea
John Shughrue
Ing
Ings
Banks of Europe
Mass. Ave
N. W
Seventh and
H Streets
N. E
Seventh Street
S. W
U. S. Treasury
Penn-Wyoming Copper Company
Swasey & Company, Bankers and Brokers
Broad ST
International Banking Corporation
G St
Washington Loan & Trust Company
Act of Congress
John Jay Edson
Swartzell, Rheem & Hensey Co
American Graphophone Co
Jlividead
American Grashephone Company
Edward D
Teuch
Metropolitan Bank
Fiitemath
Ri National Ipps
Cal Ainee Investments
Pa. Ave
EF Hutton & CO
N.o
New St., New York
Allison C. Jenkins
New York Consolidated Stock Consolidated Stock Exchange
5. H. Glarke
Consolidated Stock Exchange of New York
Ouray