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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jun 02, 1914
Page
2
A scrambled report notes Missouri Pacific shares rise amid mixed external factors. White House statements, gold export talks, and a New York Central inquiry are cited as unfavourable influences, while external markets in London and Paris keep a cautious tone.
Closing quotations for copper stocks show values from several named mines including Copper Range Co East Butte Copper Mine and Franklin Consolidated. The dated report lists prices and abbreviations alongside miscellaneous firms and entities.
The New York cotton market saw higher prices after the government crop report, with December contracts closing up about 7 points and a net gain of around half a cent. Futures for October, December, January, and March moved higher or stayed firm as traders reacted to the report.
Textile and food commodities with mixed quotes for eggs, flour, rye, cornmeal, pork, lard, and coffee. Prices show steady to firm movement across multiple items including live poultry, poultry parts, and dairy products. ranges reflect regional markets and current demand.
Baltimore markets report live poultry prices including chickens hens and ducks by weight and grade, eggs by region with Maryland Pennsylvania and nearby markets noted. Butter prices show creamery and dairy prints with regional variations and packaging notes.
Wall Street brief notes Missouri Pacific Railway avoids failure as exchange plan moves to July 3 extension. Gould estate and Speyer & Co. may buy notes from holdouts, with $3.0 to $5.0 million at stake. Missouri Pacific shares volatile, Pennsylvan ia and New York Central earnings diverge but combined Eastern systems improve. State of Colorado to auction 700,000 percent insurrection bonds for 30 years to cover mining strike costs.
Stock market report for June with prices received by W B Hibbs Co at the Ibbs Building. Includes market activity notes and financial indicators from the New York exchanges.
Chicago receipts total about 37 000 head with cattle mostly steady to firm led by heavy and rough stock. New York reports varied cattle and calf receipts with higher calves and steady to lower sheep and hogs mixed across divisions.
New York grain notes show spot wheat irreplaceable with July futures at 95 Sept at 89 December 35 No 2 yellow corn steady and standard white rye quiet across the market Futures open with July at 95 percent and September at 89 cents per bushel. Barley quiet with prices around 60 to 68 cents.
New York June 1 American industry led by Niles-Bement-Pond of New York wins a major contract to outfit China's Hanyang arsenal near Hankow with advanced gun-making machinery. Hartford Pratt & Whitney workers will produce interchangeable parts for rapid rifle manufacture, promising 28 hour complete rifles and widespread international deployment of the machinery. The deal signals strong U S industrial prestige in China and global reach of American invention.
An active market with limited offerings marked the local stock exchange yesterday as brokers managed holiday accumulations. Washington Railway and Electric, Arlington Fire Insurance, and Potomac Electric provided varied quotes with small net changes, while banks faced heavy data tasks after the holidays. SenatorsLewis urged Chicago representation on the Federal Reserve Board as Gov Hamlin and Col Gaston emerged as possible governors.
Wholesale prices for fruits and vegetables across Virginia, Pennsylvania, Maryland, and Delaware are listed with varied grades and units. Prices include poultry, butter, cheese, eggs, potatoes, fresh greens, and citrus with numerous regional sources and per unit ranges.
Hogs per pound 0.844 sheep per pound 0.043 reel calves per pound 0.10 spring lambs Receipts of calves light and buyers seek to supply an active demand immediately.
Elgin Illinois June 1 Butter firm reports a new tariff law and notes a sizable American export shipment of machinery to equip a key Chinese arsenal. The dispatch ties the contract with China to the opening of the national foreign trade convention in Washington. Alexander, a Cornell graduate, helped broker the deal alongside Willard Straight, both pivotal in U S Chinese trade efforts.
United States Treasury report shows June 1 1914 revenue receipts and ordinary disbursements for the month and year to date. It lists various notes coins and bank assets with totals for national funds and reserve holdings, highlighting cash assets and gold in reserve.
May data from the U S Department of Agriculture shows cotton condition at 71.3 percent of normal, seven percent below the ten year average. Excessive rains and cool nights hit Texas Oklahoma Arkansas and parts of the Southeast, forcing replanting in Texas and depressing states listed with condition percentages.
Stockholder Clemence seeks receiver in Equity Court to halt proxies vote by Robert R. Tuttle and Fred E. Dudley for a June 10 special meeting. He claims plan to recapitalize would divert 50,000 dollars yearly to surplus and questions authority of 2000 to 4000 stockholders signed proxies across the country. Court action cites improper voting and need to protect interests pending resolution.
New York money markets show Sterling exchange firm for 60 days at 0.9573 with demand and 4.8853 for commercial bills at 4.85 percent. Tar silver listed at 64.4. Mexican dollar at 44. Government and railroad bonds noted as stable. call money steady around 1 percent. Times bills span 60 and 96 days, rates near 0 to 2 percent for various terms.
Oil price quotes for June announced with crude prices in several districts for Pennsylvania Mercer Newcastle Corning Cabell and unchanged listings for Somerset and Reglend. Oil City balances and market turns shipments and averages provided.
The first Supreme Court case to examine a state minimum wage statute was docketed yesterday. Frank C. Steller, a Portland paper box manufacturer, contests Oregon’s industrial welfare commission rule setting a $6.50 weekly minimum wage for workers.
Philadelphia markets report weak price signals across butter eggs oats and dairy items with references to creamery outputs and nearby wholesale values. The metal market note from New York dated June 1 offers a brief snapshot of ongoing commodity pricing.
George W. Kinsey through attorney James W. McNeill files a suit seeking 10000 in damages against the Washington Railway and Electric Company for personal injuries. He alleges he was struck February 12 while operating an automobile when a streetcar ran him down at Portia and streets northweek.
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