Market Weakens After Morning Strength In Rail Shares
The Washington Post reports early stock activity showed little change from yesterday but gains in St. Paul Northern Pacific and Great Northern pref shares. Morning strength faded after midday as selling intensified, with Colorado Fuel and Iron notably dropping and overall market pressure increasing.
Grain and market notes from New York and Midwest
Market chatter reports mixed commodity prices with grain and livestock in New York and Ohio markets. Wheat futures rose on export demand and crop outlook while corn, oats, and rye show varied activity. butter, cheese, and fuel oils steady amid trading quiet and receipts listed.
MENTIONED IN THIS ARTICLE
TSMR
Atgamer
New York
Duluth
Ita
Tauin
Wall Street Gossip Tracks Western Stock Reversal
Special to The Washington Post reports a major Western house buying stocks this morning signaling short covering. The move spurred a late market drive that dragged prices, with Colorado Fuel and Iron first to slip while Westerns led selling. Foreign finance sources appeared to offer funds as the week advances, and speculation swirled around Great Northern ore lands talks. The late session push sent prices lower yet left key shares in a tug of war between optimism and caution.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Trred
Colorado
Swan
Col
Cob Treasury
London
Steal Corporation
Stock Exchange Close Mirrors Early Week Losses in Copper
Copper led a heavy session as Greene and Mitchell Mining declined about half a point each. Mitchell Mining traded 3,000 shares with after-call activity and price slip to 51-8 regular and 51-2 options, while Greene Copper moved to 201-4 regular and 205-8 options. Traders watched a rare block in Farmers and Mechanics Bank at 271-2 to 181-5 as Mergenthaler and Lanston heard brisk activity. End-of-day quotes covered a wide array of bonds and equities, with district and railway issues noted and the market reflecting ongoing liquidation fears. A notable corporate update cited Albert F. Fox’s re election as president of the National Union Fire Insurance Company alongside a full board slate.
MENTIONED IN THIS ARTICLE
Tagen
Adams Express
Seeeus
Kenees
Soarhern
Amalgamated Copper
Kaneas City Soarhern
Gove
Car and
Fennilly
Lantavile Ant Chville
American Cotton
Am. Cac and Foundry Pia
Mlexican Centra
Minneapolis
St. Louis
St. P
Ate
Argl Oi
Nat
R. R
Mevico Ptd
New ‘York Central
Gmett and Ienning
Ontario and Western
Norfolk and Western
Mt and Rig
Tobacco
North
Canadian Pacific
Jeneeslever
Btt O
Cortral
New Jerse
Chesapeake and
Chtc
Republic Bient
Chtcazo Great Western
Republic Steel Pt
Ob Tool Rock Island Company
Chicago
Mil
Northwestern
St. Paul
Rock Island Company
Ee Etna al Ss
Chicago Tern
Tran
Land San F
Chicago T
Nba
Louth Southwestern
C. C
Bow Tf Bt
Louis Southwestern Pfd
Colorado
Southern Pai
Colorado and Southern
Southern Pacific
Colo
Southern Jet
Southern Railway
Golo
Southern 2A
Southern Railway Pf
Tennessee Coal and
Texas and Pacific
sCo
Delaware Amd Hudson
Toledo
St L
Western
Del
Lack
St L and
W. Dy
Denver Am Hin Grande
Union Pacifc
Denver
Grande Pd
PactOe
Forsa
Dintillera’ Sevarttien
United States Express
Erie
United States Healty
Slater
Eriest
United States Rubber
United States
United States Steel
Hocking Walter
Af Res
Caralina
Az Fa
ATER
Carolina Chemical
Tnterborough-Wetronelitan Ants
iWabash
Enterborough- Niet Pid
Wabash
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
Stock Exchange
Mitchell
Greene
Mitchell Mining
Greene Copper
Farmers and Mechanics’ Bank
Mergenthaler
Lanston
Albert F. Fox
National Union Fire Insurance Company
Henry Orth
Philip F. Larner
Charles B. Batley
Thomas Bradley
Walter A. Brown
John Joy Edson, Jr
W.T. Galliher
John B
Salen—Metropolitan Railway A
Caplin
Traction
Washington Gas
GOYA
BOT “Mergenthaler
Lavaton
Ea Gieczr Conpar
Buyer
Ouyer Coy
Mitchell Mintog
Nersonal City Bank
Farmers and Mechanics Bank
Hey
Dist
Rouyer
Fotlowang
A Stock Exchange
District, of Columbia
Philippine Land Purchase
Rairoad
Capilit Traction Rattrassl
sAnacusa and Potumac Gx
City and Suburban Raiload Gs
Metropolitan Railroad Ss
Mutrapolitan Railroad
Metropolitan Railroad
Columbia Railroad
Columbia Bailroid
Washington Balowirend Electric
United States Electric Light
United States Electric
Chesapeake and Fotomec Telephone
Washington Market Company Ist Bs
Patomae Hicetris Light Tm
Norfolk and Weekington Steamboat
Washington Gas Company
Bristol
Safe Deposit and Trust
Washington Loan and Trust
Americat “Security and ‘Trust
Gaion Trust Company
Security Storage Company
Washington Seyinga Bank
Home Savings Bank
Union Savinga Bank
Washington Hallway
Washington Railway and Electric Common
Bristol Gas and Wectele
National Bank struke—Commercial
Washington
Metropolitan
Central
Farmers and Mechanics
Columbia
American
Frudery
Sheola
Pramklin
Corcoran
Polomag
Arlington
National Union
Calumita
Riess
People's
Commercial
Chesapeake and Potomac
American Graphophone
Georgetown
Mergenthaler Linotype
Lanston Monotype
brocka—Greene Consolidated Copper
Lon’ Steamboat
Mitchell Mining Company
I Southern Public Service Corporation
Market Basket Finds Fresh Prices at Local Market
Fruits show improved quality and lower prices with Georgia peaches at 9 cents per peck and plums at $1.50 per peck. Blackberries and raspberries vary by quality, cantaloupes 5 to 16 cents, watermelons 5 to 10 cents, tomatoes 80 cents per peck or 10 cents per pound, cucumbers 20 cents per dozen, new potatoes 40 cents per peck, beans 30 cents per peck, green peas 10 cents per peck. Catfish steaks emerge as a notable item with Mississippi shipments and 10 cents per pound pricing. poultry market remains quiet.
MENTIONED IN THIS ARTICLE
Virginia
Soucharn
New York State
Steddy
Ormimex
California
Georgia
Mississippi
Live Stock Markets Across Cities Stir Trade
Market reports from New York Chicago and Baltimore show steady to firm prices across cattle calves sheep and hogs. Receipts in New York and Baltimore described with price ranges for steers cows bulls and veals, while Chicago notes higher hogs and mixed cattle strength amid foreign buying chatter and hot weather.
MENTIONED IN THIS ARTICLE
New York
Comson
Liverpool
London
Chicago
Hutchior
Union Stock Yards
Baltimore
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
North Dakota
We &G
Coty
Meike
Sherks
Commission
Hookea
Binefest
Manitoba
Duluth
Minneapolis
St. Louis
Kansas City
Tiitfnoia
New York Cotton Market Mixed as Prices Hover Near Decline
From New York to Chicago markets the cotton trade showed uneven activity with prices steadying after a slight drop. Reports note 76 000 bales sold and early declines followed by modest rallies as traders covered positions and awaited fresh crop news from the eastern belt.
MENTIONED IN THIS ARTICLE
Ers
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of ‘Trade
Claus
W. B. Hibbs & Co
New York
Judge Lands fines railroad in rebate case in Kansas City
Judge Landis at United States District Court fined the Chicago and Alton Railroad 40,000 total for two counts of granting rebates to Schwarzschild and Sulzberger Co. Officials John Fairhorn and Pred Wann each drew 10,000. Defendants plan appeals.
MENTIONED IN THIS ARTICLE
Chicago
Landis
United States District Court
Alton Raiflroad
Kansas City
John Fairhorn
Pred “A. Wann
Schwarzschild &, Sulzberger Co
Burlington
Dooms Part Of Town In Centralia Coal Move
Residents of Centralia, Pennsylvani a, owning property valued at seven thousand dollars, were notified by Lehigh Valley Coal and Iron Company to remove their buildings. The company plans to mine coal pillars beneath the surface, likely causing subsidence that would wreck the structures. The affected area lies near Centralia’s business district, and owners seek legal avenues to restrain the pillar removal.
MENTIONED IN THIS ARTICLE
Modal
Weshingtos
Wilkesbarre
Centralia
Lehigh Valley Coal and Iron Company
Scarcity of Labor Grows in Pig Iron Trade
Cleveland Ohio July 11 The Iron Trade Review reports labor scarcity rising in manufacturing centers with migration to wheat fields and coke region workers leaving for cooler posts. Pittsburg district mills show orders 0 3 percent above last year. The week brings quiet firm ness in pig iron with billets short though Illinois Steel to supply billets. The American Bridge Co posts record six month sales, railroads boost bridge orders, coke prices firm and output down. Wire mills busy with capacity expansion planned for fall.
MENTIONED IN THIS ARTICLE
Gleveland
Ohio
The
Iron Trade Review
Pittsburg
Chicago
Uhnols Steel Company
American Bridge Company
William S Alley Suspended From New York Stock Exchange
William S Alley, a member of the New York Stock Exchange since 187%, was suspended after a judgment for 23000 on a note obtained against him in court yesterday. The case reportedly involves a small seal amount. Government receipts and expenditures figures follow, noting internal revenue and customs totals.
MENTIONED IN THIS ARTICLE
William S. Alley
New York Stock Exchange
New York
The
Stock Exchange
Exchange
Alley
Tim
Aliey
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