Market Slump Deepens As Stocks Hit Year’s Low
Liquidation dominates the session with Missouri Pacific Southern Railway and Rock Island preferred among the worst hit. A late rally recovered little, leaving prices well below prior lows as speculation and margin calls intensify.
MENTIONED IN THIS ARTICLE
Standard
Missouri Pacific
Southern Railway
Rock Island Preferred
Salee
Local stock market dull with few brokers in attendance
Washington stock exchange shows subdued activity as about a dozen brokers trade with modest moves. Mergenthaler held at 5, Washington Railway sales rare, and loans and bank clearings rise while cash remains ample.
MENTIONED IN THIS ARTICLE
Mergenthaler
Langston
Washington Railway and Electric Common
Union Trust
New York
Wall Street Gossips On Gould Stocks And Bank Fracas
New York on July 26 reports Edwin Gould led by Missouri Pacific stock decline with prices dropping to 41 from 63 1/4 as London purchases appear at the bottom of the year. The Russo-Chinese Bank defalcation, about 600000, shocks markets and remains shrouded in mystery about accomplices and securities flows. Bearish rumors surge but lack solid basis while several brokers plan near-term retirements amid sustained nationwide selling influenced by crop damage news and shifting liquidity in London and domestic markets.
MENTIONED IN THIS ARTICLE
Washington Post
New York
St. Louis Southwestern
Wall Street
Storks
Ike Missouri Pacific
Southers Frtairway
Rock Island
Delaware
Lackawanna and Western
New Jersey Central
Rusao Chinese Bank
Minng
United States Steel Corporation
Tosh Lespec
Able & Board
Edwin Gould
Missouri Pacific
George Gould
Brother Edwin
St Louis Southwestern
Whner Alvord
Stock Exchange Houses
Chicago
Pacific Coast
Rockies
France
Waila Walla
India
Russia
Europe
Iowa
Miagouri
Kansas
Nebraska
Oklahoma
New York Stock Market Update July 26 1910
The market news notes trading activity on Tuesday July 26 1910 as bankers W B Hibba Co of New York and Chicago Board of Trade exchange handle transactions and stock movements amid ongoing market conditions in the financial hub.
MENTIONED IN THIS ARTICLE
W. B. Hibba & Co
Bankers and New York Stock Exchange
Chicago Board of
District of Columbia
United States Steel reports strong quarterly earnings despite unfilled orders
The United States Steel Corporation posted earnings of 40,170,900 for the quarter ended June, up 3,564,084 from the prior quarter, with met earnings of 23,890,755. Despite solid profits, unfilled orders stood at 4,257,794 tons, down 1,344,575 tons from the previous quarter, as directors pledged monthly public disclosure of unfilled orders.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
Wallstreet
W. E. Corey
Gary
J. P. Morgan
Heat Damaging Kansas Corn Crop
Reports from western Kansas counties show corn suffering under continued heat with the board of agriculture estimating this year’s crop at 120,000,000 bushels and losses to date at 76,000,000. Temperatures reached 102 in Topeka and above 100 in central Kansas as grain raisers faced discouraging prospects. In Iowa, last night’s rains offered relief, with officials saying the crisis for yields in many areas may have passed.
MENTIONED IN THIS ARTICLE
Guthrie
Oklo
Board of Agriculture
Topeka
Kan
Wichita
Kansas
Des Moines
Iowa
Beef Inquiry Hasted. United States prosecutors begin relay work
Chicago July 26 United States prosecutors started relays to speed the beef inquiry. Assistant Attorney General Wickersham aide W. S. Kenyon and District Attorney Edwin W. Sims will examine one witness set while Special A DAs Wilkerson and Godman question another. Oliver V Pagan, an indictment expert, will direct indictment preparation. Wall street traders eyed wheat and corn moves amid large supplies and rains in the corn belt.
MENTIONED IN THIS ARTICLE
Chicago
United States
W. 5
Kenyon
Wickersham
Edwin W. Sims
James H. Wilkerson
Elwood G. Godman
Oliver Vs. Pagan
Washington
Equity Court Actions and Guardianship Notices Listed
Supreme Court equity cases include Waddell v Allen approval of trustees and forfeiture, Belate v Belate contempt return date July 29, and Alexander Bell named receiver in Warwick v Hill with a $2 000 bond. Also judge orders guardian ad litem for Bonsal case, various references to auditors, condemnations, probate grants, and bankruptcy hearings with multiple attorneys named.
MENTIONED IN THIS ARTICLE
Supreme Court
District of Columbia
Equity Court
Weight
Waddell
Allen
Plainiit
Milan & Smith
Belate
J. B. Archer, Jr
Earn
Justice Wright
Carlisle P. Knight
Wilson& Barksdale
Francis G. Clarke
H. Winship Wheatley
William F. Drum
Richard W. Ross
Lyon & Lyon
Harry de Witt Moore
George Andrews
Hetate
Frederick Myers
Lyon & Son
Atate
Charles Griffin
Real Estate Transfers Across Mount Pleasant and Nearby Areas
Florence C Smith et al to Eugene Bush for part of block 18 lot 63 in Mount Pleasant and Pleasant Plains. Numerous transfers listed including tracts on 27th Street NW, Potomac Avenue Southeast, Rock Creek Ford Road and others. Several acts show $10 consideration with trustees and executors conveying various lots in Anacostia Capitol Heights and Ingleside neighborhoods.
MENTIONED IN THIS ARTICLE
Mount Pleasant
Tate
Fotomac Avenue
Fourteenth
Fifteenth
Robert R. Mahomey
Herman R.howenstein
Pleasant Plains
Charles J. Butler
Emmet C. Andrus
Rock Creek Ford Road
Susan Mockbee
Hattie Dixon
The
Vale
Ingleside
Robert T. Frazier
Ite
Dinek Prigue
W. Wallace Chiswell
Virginia Parlett
Deeds of Trust in Various Washington Areas
A compendium of deeds of trust across districts including Takoma Park Meridian Hill West Bloomingdale and Columbia Heights. Entries show grantors, trustees, and beneficiaries securing sums from 1,250 to 33,000 dollars with terms from 26 months to three years and interest at 6 percent or 5 percent semiannual payments.
MENTIONED IN THIS ARTICLE
J. Edward Chase
John W. Glennan
J. Rosa Calhoun
William Shedd Holton
Christian Devrces
Loys
West Bloomingdale
Wiliam C. Allard
Henry H. Bergmann
Charles Schafer
Northern Liberty German- American Building Association
Meridian Hill
Mary L. Lewis
Charles P. Stone
Charles W. Fairfax
Annes Shafer
Dwight Anderson
Ralph P. Barnard
James E. Padgett
Crandall Mackey
Brightwood Park
Thomas D. George
Chester C. Groff
Samuel Scrivener
Ditler F. Grom
I Square
G. Darryll Gamble
W. Wallace Chiawell
Harry A. Kite
Columbia Heights
Lewis Breuninger
H. R. Howenstein
Milton Strasburger
Sidney W. Straus
New York Produce Prices July 26 New York
Market wrap of New York prices across dairy eggs poultry fats oils and grains with receipts for butter cheese eggs and pork products. Includes cottonseed oil oils sugar coffee potatoes cabbage and peanuts trade levels and gains for various regions and standards.
MENTIONED IN THIS ARTICLE
Virginia
Tennessee
New York State
Florida
New York
Pennsylvania
Middle West
Prime Cirde
Muscovado
Rio
Santos
Cordova
Long Island
Livestock Market Report From New York And Chicago
Receipts and prices for cattle calves sheep and hogs across New York and Chicago markets. Cattle weak in New York with 662 head. calves slow. sheep and lambs steady with strong demand for light lambs. hogs nominally steady. Chicago reports weak cattle receipts and steady to higher hogs with mixed price ranges.
MENTIONED IN THIS ARTICLE
New York
Chicago
Reeves
Texas
Wester
New York Grain and Frederick Power Plan Details
Wheat prices show a steady spot market with No 2 red near 1.09 to arrive and futures with mixed closes. Oats range and receipts listed. Frederick plans joint Union Power Company with Emory L. Coblenz announcing a large power plant to supply both Frederick and Washington counties trolley systems, aiming for May 1911 operation.
MENTIONED IN THIS ARTICLE
Frederick
Washington
Emory L. Coblentz
Frederick Railroad Company
Union Power Company
Power Company
Monocacy River
Antietam Creek
Hagerstown
Treasury balance dwindles as disbursements exceed receipts
Treasury reports show an excess of 1,780,343 in disbursements over receipts, cutting the working balance to 29,898,232. Customs and internal revenue drops plus rising expenses widen the gap, with 10,200 more public debt disbursements than receipts. Month to date, all government outlays exceed receipts by 14,042,846, versus 18,472,931 last year. London reports copper producers harmonized to curb overproduction. Fort Is the real estate hub of the city.
MENTIONED IN THIS ARTICLE
Internal Revenue
Treasury
Iver
Tream
Philippine Treasury
the Sunday Post
Mall
Also Mentioned on This Page
United States Treasury
Washington Stock Exchange
Local Financial
Baltimore
New York Committee
Angtat
William K. Noble
Fort Wayne
Ind
Interstate Commerce Commission
Maryland, Delaware and Virginia
Hickman
Del
Cortland
N. C
Bethlehem Steel Company
Davis Coal and Coke Company of
West Virginia
Western Maryland Railway
Baltimore and Ohio
Chesapeake and Ohio
Norfolk and Western
Washington Produce Market
Washington Cattle Market
Boston
Prime Mercantile
Sterling Exchange
Ol City
Avermer
Toltdy
Ohio
North Lima
Bouth Lima
Indiana
Washington Gas
Allis-Chalmera Veal
Perican
Anriculturad Saay
Mergenthaler Linotype
American Tel
Ze GY
Langton Monotype
American Tobacco
American
Armour & Co
Atchison Geo
Atchison cv
Alandle
Atchison
Georgetown
Rowa Tranalt Co
Central of Georgia
Central Leather
Capital Traction Fs
Way Up Central 2
Chesapeake and Obloco
BOS Columbia
Schmort
Chicago and
Alton
Columbia Ry
Burlington
Lg Metropalien
Iid Nicage
Quincy
Lax
Bican Rivalee
St. Paul del Teurnd
Pacife
Mit
CRE
Rock Taland
Pacife Ry
Colorado Tnaustrial Sane
Elec
Power Con. Mort
Colorado Lane
Power
Southern Rot
Am. Tel
Ant C.& P
Tiufon
Denver
Rio Grande
Emerson
Enver
Distillers
Capital Traction
Washington Ry
Wash
Mt. Vernon
General Electric Cy. A. Georgeto
Babe
Interborough Met
International Merchant Marine
Japan
Merrenthaler Linotype
Japaneie
Mie Anton Monotype
Olumbia
New York Central
Bt Commercial
New Haven
Hartford
Farmers Mechanica
Norfolk and Westerns
Lincoln
Norfolk and Western cv. Te
Riggs
Oregon
American Security and Trust
Ce. Louis and
Eadling
He. Louis
Ban Francisco
Southwestern
United Washington
States Trust
Au &T. Louig Southwestern Ty Gold da
ALS
Seaboard “Air Line Adj
Southern Pacific Cal
Deere
Home Savings Bank
Southern Pacifie Merchants and Medh. Bank
Southern Paetite R
Union Savings Bank
Southern Bsiowar
Washington Sa
Ime Savings Bank
Provident Savings Bank
Provident Savings Bank, @ ay Union Padge
Union Pacific
Fire Insurance Silinxs
Orion Pacific
Arlington
U. &. Steeler BB
Corcoran
Caramercial Virnia
Car
Chemnicat
Kemen
Franklin
Wabash
Erman American
Estern Maryland
National Union
Westinghouse Electric Ey
Otomac
Iscopsin Central
TIPLE
Columba
Emerson Steam Pum
Trinate Security Storage
Washington Market
American Steel Foundry Ca
American Steel Foundry Db
Adama Express
Aga
Braden
Jou Butte Coalition
Chicago Subway
el Rayo
Giroux Cr
de Goldfield
Consolidated
Rose Consolidated
Mason Valley
Nevada
Tah
Utah
Nipissing
Ray Consolidated
Standard Oil
Western Pacific Ba
Yukon Gold
Atlantic
Cork
Butte Coalition
Centennial
Copper Range Con. Co
East Butte
Giroux Consolidated
Iy Granty Consolidated
Greene-Cananea
Mohawk
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Galveston
Wynard
New Orleans
Savanna
Charleston
Wilmington
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Continent
Italy
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Mexico
London
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Thrrough
Northwest
Canada
NEW York Stock Market
Avia-Chalmers
Central
Amalgamated Copper
Kansas City Southern
American Agricultural A
Kansas Ciy Southern
Boy
Ladus Lacteuy Gas
Loutavie ‘and
Nasttyilie
Car and Foundry
Minneapolis
St. Louis P
St. Ste. M
Fansag
National Lead
Ontario and Wes
Northern Pacific
American Woolen
Pacific Mail
Fesc
Anaconda Mining Co
Atchiao Bay
Pacific Tel
Regisd ToolAtchison
People's Gas
Atlancic Coast Line
Pittsburg
Bethleham Steel
Brooklyn Rapid ‘Transit
Canadian Pacific
Railway Steel Spring
Republic Steel
Central of New Jersey
Republic Steel Plu
Rock Island Co
Chicago and Alton
Rock Sand. Co
Chi
Great Western
New
San F
Chicago Great Western
Louis Southwestern
Chicago and Northwestern
St. Paul
Louis Southwestern Pfa
K. C
At. Louis
Olsouthern Paci
Colorado Fuel and Iron
Southern Rath
Colorado and Southern
Consolidated Gas
Tannessee Copper
Pacifie
Giutoledo
Bt. Louis
Rio Grande Bly Bay
Bae
Rico Grande Prah
Ashyg Lse
United States Real Gay
United States Rubber- Bol
St CI
General Electric
United States Steel Pti
JIN
Great Northern Prd
Great Northern
Carolina Chemical
Mlinais Central
Interborough-Met
Interborough- Met
Pla
Aba
Wabash Pft
BREE
Inter
Hi ‘Vester
BSA
BOR
Western Marytan Air
Marine
Westinghouse Electric
Western Union
Wheeling and
Lake Erie
Thesprakers
Hibbs Building
Trade
U.S
Witesses
Custom House
VRON
Cleveland
Northern
Gouther
Southern
Aoit
William B. Wheeler
District Court
Uquaros
Nathan Slnauck
Piaintiff
Mark Stearman
J. H. Loughran
Jennie Dyrenforth
J. Wilson
Dyrenforth
Grace Dyrenforth
Plaintif
William Henry Dennis
R. H. Yeatman
Lizzie Taylor
Glarence Taylor
C. H. Hemang
G. F. Collins
John II. Bottinery
Martin L. Weisley
John Ridout
William Fincham
Washington, Alexander, and Mount Vernon Railway Company
Jamages
Platotif
BR. F. Downing
G. A. Berry
Ewig Fahey
D. W. Baker Sheehy
Sarah BE. Borano
Mary A. Meigs
George W. Marsh
Frank T
Deme W. Bawlinge
Frank T. Col
Financiad
U. S
Government
Savings Bank
E. Quincy Smith
W. Woodward
John B. Sloman, Jr
George P. Foster
Henry 3. Goodman
George H. Harries
Wilton J. Lambert
Gustave Lansburgt
Lee D. Latimer
A. E. L. Leckte
W. A. Lynn
Theo. W. Noyes
Joseph E. Ralph
Ouls P. Shoemeker
F.L. Siddons
Joan B. Sleman, Jr
Quincy Smith
A. Winter
Fourteenth Street
N. W
Washington Loan & Trust Company Cor
John Joy Edson
Equitable Co-Operative Building Association
Equitable Building
F ST. NW
Swartzell, Rheem & Hensey Co
18Th Street
Lawrence Barnum & Co
St. N. W
Washington, D.C
Potomac Insurance Company
Loan and Trust Building
Alexander K. Phillips
NEW York Grain
Duluth
New Power Company
A. Pha Taekinetan Beet
America
Paris
Washington Fort