STOCK PRICES HOLD UP IN WIDE MARKET MOVE
Atchison New York July 18 very large selling to take profits tempered by a strong finish. United States Steel preferred led a cautious advance while Western rails and Pacifics held gains. Foreign markets hit by Russia's acts toward neutrals. wheat rose on the news as prices steadied. money easy and bonds steady in irregular close.
MENTIONED IN THIS ARTICLE
New York
Pacifics
St. Paul
United States Steel
Pennsylvania
United States Steel Preferred
Homestead
San Francisco
Joan Tolk
Clos Prime Mercantile
Rio
Long Island
Jersey
Norfolk
London
Lake Ip
Boelter
Glasgow
Middlesboro
Northern
Southern
Southern Soft
Great Britain and Continental Totals Amid Market Notes
Dispatch summarizes British and continental figures, grain market updates, and financial quotes. It notes wheat gains in Chicago trading, rainfall in the Red River Valley, and mixed commodity movements with extensive bond and stock quotations from Washington brokers.
Financial gossip on stock market and regulations
Prices were strong but activity was light with few sales. Central National Bank president Clarence F. Norment and Sanford L. Whattwell roamed Gloucester, Ed ward J. Stellwagen and William J. Flather at Poland Springs. Main moves in street railway stocks with Washington Railway around 78.5 to 79.5 and preferred near 58.7 to 59. Other noteables include Capital Traction stock, Mer genthater and Washington Gas with modest sales and bids. City and Suburban bonds up to 99, Anacostia bonds offered at 102.5. Building regulations to combat fire now drafted by national board of fire underwriters and likely to be adopted locally. expansion hoped nationwide.
MENTIONED IN THIS ARTICLE
Washington Railway
Capital Traction
Morganthaier Linotype
District of Columbia
Philippine Land Purchase
Capital Traction Railroad
Metropolitan Railroad
Washington Gas Company
United States Electric Light
Chesapeake and Potomac Telephone
Washington Market Company First
Masonic Wall Association
Safe Deposit and Trust
National Safe Deposit and Trust
Washington Loan and Trust
American Security and Trust
Union Trust and Storage
Washington Savings Bank
Capital Traction Company
The
Washington Railway and Electric Company
National Bank
Bank of Washington, Metropolitan
Central
Sammers and Second
Citizens
Co- Capital
American
Traders
Lincoln
Riggs
Franklin
Corcoran
Potomac
Arlington
National Union
Columbia
Riggs, & People's, & Commercial
Colonial
Columbia Title
Washington
Chesapeake and Peloranc
American Graphophone
Warrington Gas
Georgetown Gas
Mergenthaler Linotype
Lanston Monotype
Washington Market
Norfolk and Washington Steamboat
Clarence F. Norment
Central National Bank
Sanford L. Whattwell
Gloucester
Mass
Edward J. Stellwagen
Wiliam J. Flather
Poland Springs
Walter Heiston
Washington Street Railway
Aay
Mergenthater
Washington Gas
Anacostia
Riges Bank
National Board of Fire Underwriters
Hill Interests Will Act on Northern Securities Case
New York July 18 President James J Hill and Col W P Clough chief counsel discussed Judge Bradford's injunction restraining the Northern Securities Company from distributing assets pro rata until the Harriman suit is tried to force restoration of the identical Northern Pacific Railway stock. Clough said merits to be decided later and that stockholder interests will be fully protected by forthcoming steps to be announced soon.
MENTIONED IN THIS ARTICLE
New York
James J. Hill
Northern Securities Company
Col. W. P. Clough
Bradford
United States District Court
Trenton
Worthern Securities Company
Harriman
Northern Pacific Railway
Coll. Clough
Hill
Publc
Sully Firms Offer Compromise on Creditors Meeting
New York July 18 Daniel J Sully Co and Daniel J Sully each made offers of compromise with creditors but final action was postponed to Wednesday as funds to meet the 4 percent cash and 10 percent ninety day notes were not shown. Trustee Miller said he has 1 000 000 in cash and 200 000 in good paper, needing about 300 000 more to satisfy the 40 percent offer. No definite action until Sully announces when he can deposit the additional 200 000 under court order and trustee report. The meeting adjourned until Wednesday next.
MENTIONED IN THIS ARTICLE
New York
Daniel J. Sully & Co
Daniel J. Sully
David Miller
Sulty
Baltimore Fire Loss Insurance Payout Tops Thirty Million
A Baltimore committee report shows 2,778 claims handled with insurance paid totaling 28,074,31 dollars and an estimated 1,100 to 1,200 smaller claims settled directly by companies. Total payout to fire victims expected around 30,500,000, with eleven claims unsettled. The report was released from New York and Baltimore on July 18.
MENTIONED IN THIS ARTICLE
Baltimore
Paul Turner
Legal Record highlights court actions and real estate transfers
District and probate courts report numerous matters from equity to guardianships and wills. Key items include revocation of a lunacy appointment in Henry Schmidt matter, appearance of absent defendant, alimony rule, and multiple estate administrations with bond details. Real estate transfers list many lot consolidations and trustee actions across Northwest Washington landmarks and squares.
MENTIONED IN THIS ARTICLE
Supreme Court District of Columbia
Equity Court
Wicht
Henry Schmidt
Symington
G. A. Schuldt
Bond
Magnaschi
Compleinant
HB Moulton
Shannon
Connolly
Ronplainant
Cole & Donaldson
Duncanson
George H. Lamar
Gordon & Gordon and
C. R. Wilson
Walter
Bevans
John Ridout
Finley
Leckie & A
Right to Raise the Maine Queries to Cuban Wreck
Navy declines to issue credentials for raising the Maine in Havana Harbor. Acting Secretary Darling replies to R H F Sewell of New Orleans that the government does not plan work on the wreck and cannot grant papers or release rights. Congress holds disposition of public property, and future acts could alter the status.
MENTIONED IN THIS ARTICLE
Navy Department
Maine
Havana Harbor
Navy
Darling
R. H. F. Sewell
New Orleans
Department
Havana
United States
Executive Department
Congress
Naturalized Citizens Rights Emphasized by U S Minister
The forthcoming Foreign Relations volume highlights Mr Combs American Minister to Guatemala asserting that naturalized U S citizens cannot have their rights revoked by any government. He defended Posada, a naturalized American, securing the rescinding of detention and a loan demand, reinforcing the citizenship principle.
MENTIONED IN THIS ARTICLE
Guatemala
Mr. Combs
Posada
Hhem
Combs
Foreign Office
United States
New Water Power Plant Planned for Buffalo Area
A $10,000,000 canal and power project in Buffalo moves forward as the Niagara County Irrigation and Water Supply Company files a map in Lockport. The route runs from Lasalle on Niagara River to Devils Hole with a 300 foot drop and a powerhouse at Devils Hole. President Wortham says New York financiers back the plan, under a charter from 1891, expecting 150000 horsepower. Admiral Walker to convene Panama Canal Commission in Buffalo next Saturday before sailing July 26 to shape legislation for the canal zone.
MENTIONED IN THIS ARTICLE
Buffalo
N. Y
Niagara County Irrigation and Water Supply Company
Lockport
Lasalle
Niagara River
Devils Hole
Wortham
New York
Canal
Admiral Walker
Panama Canal Commission
Panama
Magoon
Kenny
Armstrong
Strip
Philippine Bond Issue Involves $3 Million One Year Bonds
The Insular Bureau of the War Department invites proposals to sell 3 million dollars of Philippine 4 percent one year bonds. Bids due 2:30 p.m. August 22 to retire outstanding 3 million in bonds. Denominations will be 1000 dollars each, certificates redeemable Sept 1, 1904, and usable as security for public deposits.
MENTIONED IN THIS ARTICLE
Insular Bureau of the War Department
Secretary of the Treasury
United States
Increase in Rural Carrier Salaries New Schedule
The new rural mail delivery salary schedule takes effect July 1. It raises maximum pay to 3720 a year for 24 mile routes, covering about 12,000 carriers. Others receive reductions by 3 18 per mile less than 24, with over two thirds gaining about 100 a year. The plan accounts for equipment costs and preserves similar funding for new service.
MENTIONED IN THIS ARTICLE
Congress
Department
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Henry Kengla
Louis A. Kengla
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Elizabeth McWilliamson
C. W. Boyle
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Joseph T. Daly
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Washington Heights
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Gifford Pinchot
THIRTEENTH I+ STREET
William S. McCollam
Charles A. Fenner
Third Street
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Fourteenth
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Joseph A. Burkert
Catherine J. McEneany
Frank T
Richard G. Rawlings
William H. Manogue
Necticut Avenue Highlands
Frederick A. Stier
James W. Crutcher
Anontown
Hanie P. Molineu
Henry
Henry H. Bergmann
George M. Emmerfield
Metropolis Building Association
Mary J. Mitchie
National Safe Deposit, Savings and Trust Company
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Cecil’ F. Morris
Wiliam A. Easterdey
E. L. Mattice
Stuart W. Walker
Conrad H. Symaetux
John B. Larner
John T. Kasley
John Lynch
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Patrick Finley
Lerkie & Fulton
Julia Weet Hamilton
Maria Louisa Swann
Citic
Hamilton & Corbet
Neva
Mr. Norton
Charles McGee
Stuart McNamara
John McFarlane
Henry F. Getz
H. Clay Campbell
Niagara Falls
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Herman Friedman
Red
George W. Garrison
Seward Milligan
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Brice
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G Street
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Losis
B. H. Warner CO
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Cs. Drew Parker
J. Bates
Weahington Loan and Trust Bldg
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R. Lappin
Seventh St. N. W
Cor. F
Equitable Co-Operative Building Association
Equitable Building
John Joy Edson
Bellis Spear
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News OF the World
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Broadway
F St. N. W
Mutual Life Insurance Company OF New York
Richard A. McCoréy
Thomas P. Morgan
Telephons
Jory
Washington Loan & Trust Co
F Sts
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John A. Swope Ellis Spear
Andrew Parks Harry G
Washington Stock Exchange- Cheane Board of Trade
National Iranian Bank
1. C
É&C
Irivata
Luana
Surety Loan Company
Rogy 1
Warder Bldg
Cuma Tu Ua
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E Street N. W
Burke
National Loan and Investment Co
Ne.cor
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Tta
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Lewis Johnson & CO
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Thea. W. Noyes
J. H. Ralston
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FH. Smith
Quincy Smith
N. Waters
Woodward
Union Savings Bank
Hand
Fourteenth and
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Ageer
Pennsylvania Avenue
American Express Co
15Th ST
New York Ave Capital
Washington Safe Deposit
Pennsylvania Ave
Reliable, Capital Loan Co
F Street NW
Potomac Guarantee Loan Ccg
Atlantic Building
First Foor
National Mortgage Loan Company
F ST. NW
Pringival Eitiea
Tolman