Market Slump After Rain Shortfalls Doom Crop Outlook
New York June 3 Renewed intakes of dividend stocks plus a wary weather report weighed on the market. Early gains faded as Union Pacific and Canadian Pacific rose then fell with selling driven by weak divisions. Crop conditions worsened on limited rain across the South and Midwest, pushing many stocks to new yearly lows while bonds remained pressured and foreign trading influenced prices.
MENTIONED IN THIS ARTICLE
London
Union Pacific
New York
Canadian Pacific
South
Middle West
Northern Pacific
Illinois Central
Baltimore
Ohio
London, S
Canadian Pacifict
Union Pacifile
United States
Wall Street Gossip on Canada Pacific Trade and Pennsylvania Stock
New York traders observed heavy selling of Canadian Pacific and related stocks with New York absorbing over 600,000 shares from Europe as markets abroad faltered. Pennsylvania Railroad stock payments were completed with over 87 percent of subscriptions paid in full, leaving substantial authorized and unissued capital. A board meeting in Philadelphia will elect officers with directors named from both Philadelphia and Pittsburgh.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad
Pennsylvania
To & Wa
Donny
Europe
New York
Pittsburgh
Samuel Rea
Henry Tatnal
John P. Green
William H. Barnes
W. Parker Shortridge
George Wood
C. Stewart Patterson
Effingham &B. Morris
Philadelphia
Joseph Wood
J. J. Turner Maward B Taylor
T. T. McCabe
Jand G I. Peck
Patchy 19th Century Market Notes and Prices
United States Treasury items and farm market snippets show prices for wheat corn oats and flour. Several regions including Virginia Pennsylvania Maryland and Virginia store reports note butter prices per pound and local dairy products amid scattered unclear figures.
MENTIONED IN THIS ARTICLE
Baltmore
Umaer
Shand
Ower
Westeen
Virginia
Dany
Rey Ie
Vineuiha Ville
Virgina
Peumevisania Deiry
Washington Stock Exchange Roundup of Debt and Utilities
Regular call shows Washington Gas 5a at 10734 with 1,000. Washington Railway and Electric 4s at 2414 with 500. Potomac Electric Consolidated 5s 2,000 at 101% and after call 5s at 10114. Chesapeake and Potomac Telephone 5s 2,000 at 103, 2,000 at 103. Washington Gas 2 at 94 and 2 at 8 with Be district notes. District National Bank 5 at 147. Chesapeake and Potomac Telephone 6s 1,000 at 103.
MENTIONED IN THIS ARTICLE
New York
Allie-Chalmere
American Agricul
American Tobacco
Armour and Co
Atchison Gen
Atchison cv
Central Leather
Chesapeake
Ohio
Chesapeake and Ohio
Algo and Alton
Ehicx EC
Quincy Chica
Bnd
Quincy Get
Eas
Abe
St. Ac
R. RK
Ebs and
Pac
Chicago
Colorado
Sou
Nter
Merc. Marine
Ville
Nash
Kan
Texas
Fasours
Uri Pacific
Rvs
Mexico
Centraale
New York Cen
WN. H
Cv. Bie
Ferfolk
Western
Con
Folk and Ester Co
Hern Pacific
Forthern Pacific
Co. Ais
San
Louis
San Francy
Louis Southwestern
Union Pacific
Nion Pacific
Amalgamated Copper
Lehigh Valley
Amer
Mexican Petroleum
Mex
New York Central
Biy
Ont
West
Sm. & Refining
Norfolk & Western
Sugar Refining
North American
American Tel. & Tel
Northern Pacific
Pacific Mal
Pacific Tel. & Tel
Anaconda Mining
Atchison
Pennsylvania
People’s Gas
LOTIS
Atlantic Coal
Baltimore & Ohio
Canadian Pacific
Ray Consolidated
Chesapeake & Oh
Republic Tron & Steel
WiChicago Gt. Western
Rep
Iron & Steel Pla
Chicago & N. W
Rock Island Co
MIL & St. P
Chine Consolidated
Colo
Fuel & Iron
Peres Seaboard Air Line
Leuw
Consolidated Gas
LEFL56
ILI Imw
Seaboard A. L. Ptd
Ai Ul la Boe
Os Sloss
Sheffield & I
Delaware & Fludson
Southern Pacific
Denver & Rio Grande
Southern Railway
Denver & Rio Gr
Southern By. Ord
Distillers’ Securities
Tennessee Copper
Qunckendee
Texas & Pacific
Erie
Pia
Union
Pacific
Tuior Pacific
General Electra
United States Rea
Mhguldfield Consolidated
Lati
United States Rubber Ai
Great Northern
United States Steel
Great North
S. Steel Pfa
Tuinoia Central
Utah Copper
Caro, Chemical
Interborough- Met
Inter.Met. Pfa
OOY
Caro, Chem. Pfd
Inter. Harveste
Wabash el
Inter. Marine
Wabash Pro
TATA
Inter
Maryland
Pump
Western Union
Kansas City Southern
Westinghouse
Lake Erie
WilLaclede Gas
Washington Gas
Washington Railway and Electric
Potomac Electric Consolidated
Chesapeake and Potomac Telephone
District National Bank
Washington Gas Fa
RAL Capital Traction Co
City and Suburban A
Sens
Aeneas Columbia
Columbia Railway & Metropolitan
Wash. Railway and Electric
Potomac Electric Con. Mort. Bes
Potomac E
Ghes
Potomac Tel
Amer. Tel
Tel
Norfolk, and
Wash
Bee Realty
Capital Traction Co
Virginia Ry
Horton and Wash
Steamboat
Georgetown
American Tel. and Telegraph
Stoces
Mergenthaler Linotyne
Lanston
Greene-Catanea Copper
National Bank Tock
American Ieam
Ae Columbia
Commercia
District
Ian Federal
Iso
Lincoln
Washington
Trust Company
American Security and Trust
National Savings and Trust
Brion Trust Company
Washington Loan
United States Trust Co
Continental
Savings Bank
Citizens Savings
Union Saving
Easast Wington
Arlington
Corcoran
Kiremen
Franklin
Ace National Union Aly
Receiver for traction line in Richmond Va named trustee mortgagees
The Richmond and Henrien Street Railway, capitalized at 1.2 million dollars, was placed in receivership today at the request of the Tren Trust Company of Canada named as trustee in mortgages on the property. Canadian investors own a large majority of the stock.
MENTIONED IN THIS ARTICLE
Toronto Trust Company
Richmond Street Railway
Richmond
Richmond and Henrien Street Railway
Tren Trust Company
Pornanto
Canada
Canilan
Holland Discusses Gold Supply and Commodity Prices
York June 3 Prof. Irving Fisher of Yale spoke on potential increases in the dollar’s gold weight to lift purchasing power and curb living costs. French and British banking policies, gold hoarding, and a looming shortage suggest prices may fall if gold demand rises, with China and Balkan-war remobilizing gold needs. A London-Dublin exchange and U.S. banking actions reveal a global shift toward gold as world output remains tight.
MENTIONED IN THIS ARTICLE
York
Irving Pisher
Yale University
Wilson
Fisher
London
Germany
United States
France
Bank of England
Joseph C. Talbert
National City Bank
Europe
Talbert
Gendon
Ruroape
China
Willard Dr. Straight
Republic
P. Morgan & Co
Republic In
Holland
Washington Stock Exchange Quiet as Bonds Lead Trading
Trading on the Washington Stock Exchange showed little activity with demand focused on small investment accounts and bonds. Prices held near day-earlier levels as the market remained evenly balanced. the Leeds Company sought a court receiver to secure assets amid claims of creditors totaling about 1,320 dollars.
New York Cotton Market Ends Narrowly Lower After Bullish Report
New York June 3 The cotton market slipped from yesterday’s bullish condition report and closed barely steady with a net decline of 9 to 10 points. Opening prices held steady to slightly higher, but midday dullness and hesitancy between bullish June figures and broadly favorable crop progress weighed on activity.
MENTIONED IN THIS ARTICLE
New York
Iyakan, Alt
Chicago
Ight
Gough
Ries
Koge
Texas
Steadz
Sheepewert
Storm Sweeps Shenandoah County in Severe Electric Storm
Special to The Washington Post reports Shenandoah Virginia endured the worst electric storm in its history. Heavy hail damaged homes and railroad cars on the Norfolk and Western line, with yards inundated by floodwater. The ravine geography near the Shenandoah River suggests broader damage beyond the town as ravines and infrastructure suffer from the storm's reach.
MENTIONED IN THIS ARTICLE
Washington Post
Luray
Shenandoah
Norfolk and Western Railroad
Shenandoah River
Steel books always open Judge Gary exposes unpublished letter
Judge Elbert H. Gary of United States Steel introduces a previously unpublished Garfield memorandum from 1906 to show Roosevelt era aims in the Bureau of Corporations inquiry. The document notes overcapitalization as a general issue and suggests publicity as the only possible punishment, while Gary defends the company’s transparency and cooperation.
MENTIONED IN THIS ARTICLE
Gary
Commissioner of Corporations
Garfield
New York
Elbert H. Gary
United States Steel Corporation
Roosevelt
Bureau of Corporations
Corporations
Garfleia
Metcalf
Department of Commerce and Labor
Bureau
Steel Corporation
Garr
Wformanen
Plans International City in Tripal Proposed to King Victor
Norwegian-American sculptor Hendarth Christian An-Aewsen presented to King Mietomia Ltnmantned of Italy the nine cars' concept for a world center for international interests. Rome June audience showed king interest in the project tied to Tripal, with America also mentioned as a potential partner. Secretary Bryan’s peace proposal noted, with other nations reportedly responding favorably.
MENTIONED IN THIS ARTICLE
Tripal
Victor
Rome
Hendarth Christian An- Aewsen
Neaport Rf
Mietomia
Americ
Brean
Bryan
Also Mentioned on This Page
Curb Market
Boston
TRE Wetal Market
Dams Express
American Steel Foundry
agre-American OH
Ws Boster
Juine
Copper Range Consolidated Co
East Butte
Franklin Giroux Consolidated
Granby
Greene-Ca
Anea
Ohawk Nevada Co
Kye
Ipissin Sane
Arth
Bury
Earth Tv
Nanceo
Aly E
Wall Street
Montreal
Berlin
Omer
NEW York Stock Market
THE
United States Treasury
Baltimore Securities
Treasury
National Bank
Treasury Officer
Philippine Treasury i
IV. S
V. S
Consolidated Power
Houston Oitretts
United Railways
Altimore City
G. B. S Brening
M. Ard
Rosana
United Ys
Washington Stock Exchange
Hhghiye
U. S
Alaska
America
New York City
BOW
Clauue
Dogal Financial
Potomac Electric Consolidated Ss
Chesapeake and Potomac
Georgetown Gaslight Company
Washington Gas Company
Leeds Company
District Supreme Court
James A. Grant
Charles Ramkins
Pennsylvania Avenue
George D. Sinclair
Sinclair
Henry H
Wiliam R
Howard Ellison
John B. Ellison & Sons
Edward A. Griffith
John A. Grifith & Co
Michael Devle
Washington Produce Market
Pennnslvania
Delasare
New York State Factory
New
Gimia
Tala
Hiachaerrien
Florida
Patatar
Georgia
South Carolina
Laeger
California
Moser
Prime Mercantile Paper
Sterling Exchange
Didig
Galveston
New Orleans
Savannah
Charleston
Wilmington
Norfolk
Dia
Stradr
BR Bees
Brunswick Taskeoneile
Portland
Sosne
Houston
Angi A! Ay
Agai Taphis
St. Louis
Great
Great Britain
Continent
Japan
Mexica
Morris Park
State of New York Banking Department
Morris Park Avenue
Pelham Parkway
Williamsbridge Road
van Nest Avenue
Title Insurance and Trust Co. Savings Bank
J. Clarence Davies
3D Ave
Joseph P. Day
Nassau St
Santos
Cordova
Bermuda
Phicadelphia
Mtra
Toledo
Werte
Ff Verma
South Idma
Washington Cattle Market
orWeise
Washington Loan & Trust Co
F Sts
John Joy Edson
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
Bay Road
Selemwen Fat Constitution Inveen
Lawrence Barnum & Co Bankers
F St. N. W
Washington, D
Kiladelphia
Bashe Reo Lace
Cmecrs
Credit Ge
Washington & Southern Bank
Merlenthal
NEW York Grain
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