Rise in Prices Broad All Steel Issues in Demand
A broad rise in steel issue prices appears in demand with preferred shares advancing sharply, marking a one time record gain of 334 points. The July crop report and investment activity by British accounts are cited as favorable factors, while market chatter notes strong activity in steel stock issues and government-linked investment interests.
Wall Street Gossips on Steel and Railroad Stocks
Special to The Washington New York reports United States Steel preferred led market sentiment with common steel stock near its heels as bulls eye future gains. Trading showed tight supply in steel, strong insider buying hints, and rising interest in rail shares like Illinois Central, Great Northern and Hill interests amid hopeful prospects for Panama Canal linked bets and farm commodity earnings.
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Washington New York
United States Steel
United States Steel Common
Steel Preferred
London
Jamee J. Hilt Wes
Great Northern Railway
Jill
Tris
Dire Ins
Chai Pwer
Qbio
New York Central
Atchison
Southern Pacific
Ilinois Central
Nuyvesant
Railroad Securities Company
Panama Canal
Great Northern
Steel Corporation
Fiuta
Iithe J
Washington Stock Exchange Quotas Reported In July Update
Washington Stock Exchange members at 10th and F streets NW report quotas for market activity. Titans Tome Co. furnishes hewing quetelons as part of the market operations on this midsummer Wednesday in New York.
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Titans Tome ¢, Co
Washington Stock Wixchange
F Street
Market summary and price quotes from July reports
Treasury and currency quotes show steady exchange with varied note yields in New York. Copper and metal markets rise in London and New York while local prices remain unchanged. Agricultural items list lambs calves and cows with per pound and per head pricing.
Washington Produce Market Prices and Local Drowning Incident
Market notes list wholesale prices for produce and poultry including chickens and turkeys with regional names and per pound figures. A drowning incident is reported near Tappahannock on the Rappahannock River, detailing a young man named Morris who disappeared while bathing with friends.
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Rappahannock
Tappahannock
Morris
Appahanpock
Naytors
Receipts and market chatter on spring chickens and wheat
The clipping notes varied items from poultry and eggs to flour and lard, with steady receipts and firm prices for several goods. It cites wheat price shifts on the focal exchange after a government report, detailing winter wheat yield estimates, stored wheat, and market reaction with mixed futures movements.
MENTIONED IN THIS ARTICLE
Mans
New York Cotton Market Faces Mixed Signals
In late trading the New York cotton market edged lower for July and higher for other futures on the list as sublease conditions improved. Cable coverage and a foreign factor weighed, with profits taken on weak futures. Liverpool and other exporters showed limited buying, while autumn months saw cautious activity and shifting open and close prices.
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York
Willy
Imore
Liverpool
Yasterday
Sandy Ata
Clore
Italy
Avi Mdop
Heteruans
Market Skepticism as Grains and Growth Hint at Rally
The local exchange saw little movement with Capital Traction stock holding at minor levels while Capital Traction bonds traded weakly. Observers note New York markets strengthen and Judge Gary of International Harvester signals steel demand tied to a bumper crop outlook. Agricultural machinery orders may boost industry, with farmers investing in machinery and railroads resuming improvements. Market sentiment remains cautious yet bullish on longer-term crop and trade revival amid uncertain grain prices and investment flow.
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Wosing
Capital Traction
Kansas
Wisaingan Gaal
A. Lane
Texas
Washington
Columbia Us
Balranei
Clesapeale Aml
Eytan Telephone
Thepal Steel Tosi
Horie Alana
Eheettia
Eee Island
Bray von Wechhinte
Rte
Searaeter
Nal Bane
Mwericus Tnere F
T. L
Washi von ' Re
Val Trust Company Stolks
Shrernag
Tavian Sane
New York
Gary
International Harvester Company
Ate Qenney
Theoby
Simul
Tun Raitwe Petric Company
Ses Cariches
Walnove
Agricultural Department Reports Wheat Gap and Crop Averages
The government crop report shows spring wheat at 94 percent of normal, down from 87.2 last year and above ten-year average. Winter wheat at 76 percent harvest, corn at 28 percent, oats at 87 percent, and 11 percent higher corn acreage from last year.
MENTIONED IN THIS ARTICLE
Agricultural Department
Busi ‘ Ene
Tobey
Interstate Commerce Nominal on Rate Cuts In Petroleums
The Interstate Commerce Commission rejected a sweeping order to cut thousands of rates. The National Petroleum Association sued the Ann Arbor Railroad Company over 31 differentiation charges for transporting petroleum within a classification territory. The commission found no specific defendant to target and noted insufficient evidence of abuse or undue preference.
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Interstate Commerce Commission
Ie National Petroleum Association
Ann Arbor Railroad Company
Police sue car company over injuries after patrol wagon crash
William II Buckinghian and W B Mulhall of the Metropolitan police sue Capittas Traction Company for 22007 each claiming harm from a car collision on Fourteenth Street while responding to an alarm at West Me TP Street. They name Policemen Bennett Esser and Driver Bailey as other involved.
MENTIONED IN THIS ARTICLE
William II
Buckinghian
1916
Sire Northeast
W. B. Mulhall
Third Street
Metropolitan Nolice Force
Capittas Traction Company
Guruck
Fourteenth Street
Huckingham
Mulhall
Bennett
Esser
Bailey
Theen
Distillers Fail to Block New Branding Rules
Cincinnati distillers seek to bar enforcement of new branding and marking rules from the Internal Revenue Service. Judge Lurion scheduled a hearing on the injunction against the commissioner as the case moves forward. The changes, effective July 1, require specific branding on whiskeys, including what are known as spit lis marks.
MENTIONED IN THIS ARTICLE
Cincinnati
Ohio
Internal Revenue
Whicn United
Lurion
Millionaire's Will Contest Sparks Family Dispute
In New York, William M. Ingraham Jr of Waverly plans a legal challenge to his late father’s Brooklyn will filed in Surrogate's Court. The elder, a Brooklyn lawyer, died in June leaving an estate over 00K. Ingraham Jr, 41, estranged recently, was left 100, sparking a fight for a larger share.
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New York
William M. Ingrahan, Jr
Waverly
Broenlyn
Digraham
Broatlyn
Wallkun
Jagraham
Baltimore Markets Report Heavy Trading And Prices
Market notes from Baltimore show mixed activity across commodities with notable figures for hogs sheep and lambs. Receipts include 2,498 hogs and 4,086 sheep with prices varying. more conservative cattle and feeder prices shown, while freight rates remain unchanged and imports/export lines cited.
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Weber Tal Fern Ihe
Atc
Horver
al Fold
Veal S.meaden
Enles
Colee
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