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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Jan 31, 1913

Page

2

Shorts Buy to Cover as Bond Market Slumps

New York trading on a large scale in bonds and stocks with the market shedding its uncertain tone. Most leading stocks rose two points or more, Reading Union Pacific Steel and Amalgamated advancing while profit taking trimmed gains late. There was heavy short-covering and large scale manipulation in American can stocks, with common up over five points near recent highs. Norfolk and Western fell over two points on news of a forthcoming 4 1/2 percent convertible bond issue. London activity rose, and an irregularity appeared in the bond market with total par value 2,780,000.

New York, Jan Reading Union Pacific Steel Amalgamated Southern Pacific Norfolk and Western London Paris Canadian Pacific Berlin I. S. Os

Copper market notes from New York on Jan 20

Copper prices steady across contracts with bids seen for standard, wool and January futures. Exports for the month reach 22,471 tons while London futures hover near £69 per ton as market activity remains mixed amid war news from Cleveland and other centers.

New York London Cleveland

New York Money Market Summary Headlines

New York money markets show steady on call rates at 2 1 2 percent with firmer time loans in 60 days at around 3 percent. Prime merchant paper near 4 0 percent. sterling exchange steady with bankers’ bills at 4 8 3 0 for 60 day and 4 3 7 6 for demand. Government bonds easier and railroad bonds irregular.

New York Dily

Wall Street Gossip on Albany talks and stock moves

The New York Stock Exchange forms a committee to meet Gov. Sulzer on proposed Albany legislation. Leaders include J. B. Mabon and three former presidents. The market shows gains in United States Steel, Reading, and Union Pacific, while Amalgamated Copper and American Can rise. Wabash-Pittsburgh Terminal notes unsettled affairs. Ex dividend for Atchison slated, Great Northern earnings improve, with net gains boosting dividend capacity.

New York New York Stock Exchange Today Albany Gov. Sulzer J. B. Mabon FE. K.sturgis Rudolph Keppler

Washington Stock Exchange Shows Strong Demand for Rail Stock

The Washington Stock Exchange session featured 500 shares of Washington Railway and Electric preferred in one lot at 9 with firm bids and additional offers at 89 and 8978 for 500 share lots. Common stock traded 150 shares at 46 with a lone buyer persisting at the same levels. Real estate, banks, and utilities showed active trading with various banks and firms posting small lot sales. Bond activity remained steady while Capital Tractions and Electric lines drew attention. Commercial Bank vacancies filled. executives reassigned as openings arise.

Capital Traction Washington Railway and Electric Potomac Electric Consolidated Washington Railway and Electric Common Washington Railway and Electric Preferred American National Bank Metropolitan National Bank National Savings and Trust Union Trust Washington Gas Georgetown Geacee Ind Georgetown Gas Fa Washington Grr Railronds Capital Traction Co Anacostia Columbis Potomac Ebeite Con Mort Potomac EI Ches Potomac Col. Mig. Coty Norfolk and K. Stabs Ity Long Riggs Realty Peeuto UT Baldw Remon and and Wash Breamboat Winginssey Lanston Monotype Plergenthaler National Bank Cohn Farmers and Mechanics Washingto TRU Ican Security and Trust Jonal Savings and Trust Tinton Trust Company United States Trust Co Savings Bank Home Savin Citizens Savings Gta Union Savings Washington Savion Arlington Scriaksnes Adie National Union Columbia Chapin Sacks Co Security Storage Co Washington Stock Exchange Game Company United States Trust Federal National Bank Botomad Electric Consolidated Hage

Holland urges fusion of capital to power progress

New York Jan 30 The Pujo hearings note rising concentration of banking capital as two New York trust firms under consideration negotiate a merger likely to create about 30 million in resources. Dialogue links global finance, Panama Canal and US industrial growth to a shift toward big business, with examples from manufacturing automation and electricity driving efficiency and job displacement.

New York Pujoj Ita Baltimore Pujo United States H.P. Davison Great Britain Japan Ching Spain Hawaii Philippines Panama Canal Republic of China Henry P. Davinon Six Nations Paris Europe Rothschilds Barings Brown Brothers New York City Chicago St. Louis Twin Cities Northwest Boston

Crude oil prices rise to record highs in Pennsylvania

Pittsburgh reports the fourth consecutive rise in crude oil prices as South Penn Oil set opening prices up seven cents. Pennsylvania crude hits 2.83 dollars a barrel with other grades higher, reflecting intensified competition among new refineries after the Standard Oil NJ dissolution.

Pittsburgh South Penn Oil Company Pennsylvania Standard Oil Company of New Jersey Federal Supreme Court Standard

Baldwin Locomotive stock loss suit over deal

New Rochelle broker George H. Robinson sues Allen B. Johnson seeking 1.75 million dollars claiming losses from the Baldwin Locomotive Works stock sale. He alleges Johnson conspired with Drexel & Co and White, Weld & Co to fix the sale price after arranging with Kuhn, Loeb & Co. for a higher bid.

New York Drexel & Co Philadelphia White, Weld & Co Chicago Baldwin Locomotive Works George Hi. Robinson Robinson New Rochelle Federal District Court Allen B. Johnson Dover Johnson Kuhn, Loeb & Co Baldwin

Washington Produce Market Wholesale Prices Across Virginia to Delaware

Wholesale market notes show varied demand and pricing for fruits vegetables and dairy across Virginia Pennsylvania Maryland and Delaware. Eggs butter cheese poultry and meats listed with units and ranges, roads and rain impacting poultry prices and availability.

Virginia Pennsylvania Maryland Delaware Homestown Elgin New York State West Airstate Alice Norfolk Cauligewer Florida Erie Cherries É.co Florida Okra Portas GEREN

New York Grain Market Roundup January Rates

New York wheat and corn markets show spot steadiness and light gains amid thin trading. No. 2 red wheat at 1.03% elevator and 1.10 f. o. b afloat. May near 98.26 to 99.50, July around 91. Bonded January at 1.00% with 5 May and 96% in July. Corn spot easy with export and afloat bids. oats steady. barley noted as Brondy. Receipts: wheat 66,000. shipments 410,008. Corn receipts 44,000. shipments 163,000.

New York Turkey Middle West Muscovado Santos Cordova Cabbaghs Duluth Europe

Live Stock Markets Update From Chicago and New York

Chicago livestock prices show cattle dull and steady with mixed grades, hogs higher by about 10 cents, and sheep about 150 to 200 higher on receipts of thousands. New York reports mixed cattle and beef notes, including Texas and California market movements amid fire year notes and varying calf and yearling prices.

Chicago New York

Philadelphia Markets Summary for January 30

Philadelphia markets report butter firmer at 96 in Western creamery extras, eggs demand good unchanged, cheese unchanged, wheat unchanged, corn in export elevator, trade fair unchanged, poultry alive and dressed unchanged, potatoes dull and unchanged.

Philadglphia

Also Mentioned on This Page

Korfolk & Western New Aok Albahalmers American Agricul American Tel Armour American Tobacco Fe Atchison Atchison cv ‘Sa Atlyntic Coast Line Baltimore and Ohio Baltimore and Ohio Us Brooklyn Central of Hicago Alton Colorado AOD Erie Interborough Mere Marine Kansas Southern Lake Shore Louisville Nashville Missouri Kans Texpa Texas Missouri Pacific Missour Pacific National Age of Mexico St Louis San Fran Te “Ee Southern Railway Los Rubber Tr S Steel Virginia Car Chemical Wabash Wester Me Weaunghouse Electric Co Wisconsin Central THE United States Treasury Treasury National Bee Philippine Treasury Leta Gazeta Amnea Curb Market Baltimore Securities Chicago’ Grain Centennial Tae Life Pean Buyera Marconi Marcon Canada Standard Oil Ex Sul United Cigar United Cigar Stores Herts Shasul Baltimors Maryland Trust Houston Bee Seaboard A. L Ffouston N. O Penna. Wat P. & Vaulted Rys U. S Hrchive Taj Ae Wall Street United States Steel Amalgamated Copper Wabash-Pittsburgh Terminal Railway Wabash Railroad Wheeling and Lake Erie Wabash-Piittsburgh Terminal Company Terma American Smelting and Refining Company New York Central Great Northern Northern Pacific NEW York Stock Market Lehigh Valley Louis Nash S. P Fireightes Kana Tex Car and Fury National Biscuit A.m R. Pfa North American Pacific Mail Anaconda, Mining Co Pacific Tel Atlantic Coast Verneleneee Baltimore and Ohio Bethlehim Steel Pittaburgh Chesapeake and Ohio Republic I and Chicago G. W Republic L and S& Pfrd iChi Mil St. P Rock Island Co N. W China Seaboard Air Line Consolidated’ Gag Seaboard A. L Tennessea Copper Erle Texas and Pacific United States Rubber Itah BORG Interborough-Met Caro. Chemical Cero. Chem Inter. Harvester Inter. Marine Joe Wabash Western Kansas City South Westinghouse Plec Tay Laclede Gas, Wheel Lake Eilseas Local Financial Commercial National Bank Sands James A. Cary Hilton W. Robertson Home Savings' Bank Commercial P. and P. Telephone Chesapeake and Potomac Telephone Company Senate Yeaterday Ttp George Peter Kensington Farmers Banking and Trust Company William J. Kelley Anal Bank Ac- Commercial No Wilkie John Secret Service Division of Special Examiners Treasury Department Twelfth Street W. R. Ruggles Washington John @. Slater Vermont Avenue Ninth Street Kramer Street Long Meadows Ardmore Hotel Ardmore Hotel Company Ardmore J. H. Diggs Kent Island Chiles Wermge Toledo Ohie South Indiana Wooster Washington Cattle Market S. Hogu Holland Caueca Nng Hga Ible Union George W. Perkins Columbia University Galveston New Orleans Dull Wilmington Aia Texas City Pensacola Brunswick Aransas Jacksonville Memphis Little Rock France Continent Mexico Broker Washington Produce Market Citizens Savings Bank G Street the .Riggs National Bank Penna. Ave OPP U. 8 Washington Loan & Trust Co Washington, D.C NEW York Grain District of Columbia Bocgiet Swartzell, Rheem & Hensey Co Fifteenth Street Municipal Lawrence Barnum & Co Bankers St. N.W Washington, D Benton Lawrence J. Dietz & Co Woodward Consolidated Exchange, News F. Hutchinson Mutual Life Insurance Company of Thomas P. Morgan 16Th and H Sts Washington & Southern Bank N. L Lansbury Co 13Th St. N. Ww N. B Atlanta Montgomery Mobile New Orleana Chattanooga Ashevily Columbus Birmingham Anniston Talladega Calera Selma Antaotown Demopolis Meridian Roanoke Bristol Knoxville Vichsburg Asheville Charlottesville Warrenton Brown Washington Southern Railway Richmond Fredericksburg Union Stattank Milford Chesapeaker and Ohio Lines Pullman Cincinnati Gatango Louieville Cincisneti Indianapolis I Boy Bennett Met Bank Jaye Charles E. Tribby Thompson Building 15Th St MONET Thomas J. Fisher & Co, Inc TSS Jadette D. C HL Smith Company D.C WM H Saunders SF CO Southern Building Tithe Om City Tyler & Rutherford, Inc 16Th Mit Raymond Tompkins John Marshall Washington, D. c Fesruart New York Area Thorp
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