Market Rebounds After Tuesday Stock Rally On News
A Washington Post report from New York notes Tuesday’s market reaction subsided by forenoon, then sharply recovered with strong volume. Union Pacific led gains among rail stocks, Baltimore and Ohio rose amid dividend expectations, and Great Northern remained a focus as readjustment rumors persist.
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Washington Post
New York
Stock Exchange
Commission House
Wall Street
Union Pa~cite
Steel
Baltimore
Ohio
Gay
Alugh Wall Street
Baltimore Ohio
Ifie
Great Northern Preferred
Northwest
Union Pacific
Actiity
Kow
United States
Live Stock Markets and Grain Prices in New York
July 1 market notes show receipts for barley and wheat, with futures trading and spot prices. No. 2 red wheat declined amid bear market rumors and improving weather, while corn and oats saw mixed to lower action. cotton opened higher on strong demand but closed uneven on weaker outside signals. Durable quotes reflect daily broker reports from Hibbs & Co. and exchange listings, with futures for July September and December noted.
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New York
Marest
Alg
A Express
Amalgamated Copper - Af
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Market News Wheat Falls on Bearish Government Report
Chicago reports General liquidation due to favorable weather. Wheat for September delivery declines from open to near day’s lows as selling accelerates on a bearish government bulletin. Corn and oats slide slightly while provender prices drift lower amid weak finishes.
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Chicago
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Minneapollo
Wall Street Gossip on Northern Pacific and Market Action
A Washington Post telegraph column notes Northern Pacific trades rising from 190 to 201 1 2 and Baltimore and Ohio dividends signaling gains. It describes Western selling pressure fading, strong closes, and large holders inflexible, with predictions of further dividend-related moves and a cautious outlook for Union Pacific and Reading.
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James J. HM Ia
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Baltimore
Whitewell Rises at Gas Co After Government Service
Sanford N Whitewell left the government in 1837 to join the Gas Company where his work earned rapid promotions. Now assistant secretary, he has earned the trust of his chief John R McLean and all company officials. He joined the Washington Stock Exchange in May 18 and was expected to oversee the companys local board interests as stock movements grew.
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Sanford N. Whitewell
John R. McLean
Whitewell
Exchange
Silent Diplomat Guided Trade and Church Duties
A reserve figure influenced purchases and gates through measured diplomacy. His tact won favors with leaders, frustrating aggressive rivals as he spoke softly to the president and brokered trade claims. Domestic and churchgoing, he mentors youth and serves as church secretary handling Sunday collections.
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Longfellow
Market fluctuations in corn, wheat, and metals amid warm weather
In a mixed session, Minneapolis Duluth and Chicago reported varied grain futures with corn slipping on government acreage data and profit taking. Wheat opened lower, closed firmer with modest receipts. provisions posted declines. New York commodities showed steady butter cheese eggs and steady to firm metals with London prices influencing sentiment.
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