War talk a factor in Wall Street market swings
New York trading shows Roosevelt Jamestown remarks exerting adverse market influence while war talk with Japan hints at greater seriousness. Iron company troubles and vetoes loosen funds, yet early gains falter as speculative selling drives prices down. Union Pacific faces renewed pressure amid dividend and governance concerns.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Well Street
Roosevelt
Jamestown
Wall Street
Japan
United States
New York Central
Union Pacific
Union Pacific Company
Southern Pacific Company
Reading
Chicago and Alton Railroad
London
New York Bond Market Shifts Amid Mixed Offers
New York bond notes show varied offers on rail and steel issues. Notable listings include Atlantic Coast Line 3 percent, Baltimore and Ohio 3 4s, Chicago and Alton 3 4s, Northern Pacific 4s, United States Steel 4s, and a wide range of railroad and utility securities with differing bid levels. Market activity reflects cautious trading and diverse pricing across sectors.
MENTIONED IN THIS ARTICLE
New York
E. R. Chapman & Co
G. B. Chipman
New York Stock Exchange
F Street
Northwest
American Tobacco
Atchison Generals
Atchison Adjustment
Atlantic Coast Line
Baltimore and Majars
Baltimore and Ohio
Brooklyn Rapid Transit Er
Central of Georgia
Central of Georgia 1St Inc
Chesapeake and Ohio
Chicago and Alton
Ghidge
Burlington and Quincy New
Chicago, Rockinlang and Pacific
R. Ro
Chicago
R. I
Pacific Railroad
C. and
St Louis General Ts
Colorado Industrial Bs
Colorado Midland
Southern
Bsee
S ‘Erie
Hecking Valley
Ise Minnespalis
St. Louia Missouri
Texas
Kansas
National Railroad of Mexico
Jersey Central General
Northern Pacific
Western Consol
Norfolk Gregon
Pennylvania
Louis Southwestern
Seaboard Air Line
Het Pacific
Pacific
Pay Southern Railway
Medata
Toledo
St. Aucuim
Western
Ballon Pacine
United States Steel
Western Maryland
Gas Stock Exchange Sees Broad Trading Increases
Traders on the stock exchange pushed gas shares higher with rapid trades from 6 3 4 to 68 and 100. Georgetown Gas Company applies for increased stock, boosting speculation. Second National Bank sells 10 shares at 18 and 154 as markets weigh dividends and new bond issues. Greene-Cananea stock rises on expected 2.5 percent dividend due August 1. Mergenthaler Linotype declares 2.5 percent dividend payable June 22 with books closing June 15. Mitchell Mining's president will meet stockholders at the New Willard.
MENTIONED IN THIS ARTICLE
Stock “Exchange
Georgetown Gas Company
Tha Pont
Capital Traction
Columbia Railway
Washington Railway
Etestric
Greene-Cananea
Mergenthaler
Linotype Company
Gree Mitchell
Mitchell Mining Company
New Willard
BalewRegular
Capital Traction Ga
NEW York Stock Market
Lumbia Railroad
Lowlc
Washington Railway and Electric Preferred
Adama Express
Iowa Capital
Kapsis City
Minnespolia
St. Louis
Specs Express
Linseed Gil
Missouri
Kansas
Texan
After - Greene-Cananea
Kana
Tex
Pia
National Lead
Washington Gas
National R. R
Max
Rawiset
Gentral
Lee Ee
Ntario
Wee
Philippine Lang
Sukear Refining
Norfolk and Western
District of Columbia
North American
Anaconde Mining Co
Bkba
Northern
Pactitat
Atchison
Pacitte
Pennsylvania
Atlantic Coat
People's Gas
Ita
Baltimore and ‘Onfo
Pittsburg
Bra
Baltimore and Ohio
Anacostia and
Potomac
Brooklyn
Canadian Pacific
Aeros
Columbia Railroad
Central of New Jersey
Wees Sper Ee
Reading
Metropolitan Railroad
FAY
Washington
Central Leather
Republic Steel. A
Alexandria
Mt. Vernon
Chesapeake and Ohio
Chicago Great Western
Ayesaptake and
Potomas Telephone
iChicago Terminal
Trans
Meonbe. L
San FL
Washington Market Company
Chicago T
St Louise Boothwestern
St Louis
Louis Southwestern Play Opertal Traction Ok
Colorade Fuel and Iron
Sox
Shefield Steel
Washington Railsway
Elestric
Moe
Colorado
Southern
Southern Pacific
Washington Railway and Electric
Cole and Southern Ist
Sears
Norfolk and Washington Steamboant
Cole and Southern
Southern Railway
Consolidated Gaw
AIS
le Southern Railway
Georgetown
Mergenthaler Linotype
Belaware, Lack, and West
Lanston Monotype
Denver
Rio Grande
Saowt
Shans
Union Pacifics Ptd. A
United Greene-Cancanes
Cree
Distilers’ Securities
State States Express
Stat Steel
General Electric
United Stas Abe
National” Cléy
Great Northen Pfa
Jas
United
Columbia Oe
Hocking Valley
Virginis-Caroling Chemical
Commercial
Virginia-Caroling Chémpta
Farmers and Mechanice
Trainess
Jefee Wabash
Lincoln
Tansiat International Paper
Wabash
Wella-Fargate
Westinghouse Hheetric van Age Benen
International Pump
Western Union
Interborough-Metropoltan
Wheeling and Lake
Eve
Wisconsin Central
Washington Exchange Bou
Csntraz
Essi
Wieconsin Central Pfd
Oats Trust Company
Brock
American Security and Trust
National Savi Trust Company
Uni Trust Cleangee
Washington Loar and Trust
Waahin
Union Rust Warranta
Bo Security , Storage Company
Washington Marede
Tee Fidelity Storage Company
Market Quotations From Washington and Chicago Notes
Washington stock and grain quotes show dull wheat and weak corn while beef, cattle, and hog markets in Chicago hold steady to lower. Reports cite receipts and prices across grains, livestock, and beef, with New York and London steadiness in money markets and transport notes threaded through.
Wall Street Gossip Reads Market Drift Amid War Talk
Wall Street opened with little news to spark activity as Milliken failure and President Jamestown speech drew attention but traded desul tory among professionals. Gov Hughes veto of a 2 cent fare measure and war talk with Japan dominated mood while bears pushed prices down amid rumors and weak public demand.
MENTIONED IN THIS ARTICLE
Jamestown
Iron Company
Hughes
Washington Post
Gore
Wall'’street
Washington Produce Market and Cotton Prices Report
Washington Produce Market reports steady to firmer tone in cotton with mixed week data. receipts moderate, weather improving, futures near last night closes with late shorts covering. Butter and cheese markets show softening prices. poultry arrivals rise with steady to weak demand. vegetables list varied by region with cabbages and tomatoes showing activity.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
New York
Virginia
West Virginia
Southweat
Tennessee
North Carolina
New York State
Queimer
New Orleans
Gee
Encvensee
Dour
Nys
Turkey
Iby der Gould
Getty
Tome
Charleston
Barr
Bermyday
Ckro
Florida
Arriyr
Hares
Viru Beens
Groom
Great Britain
Wincer
Sseeoke
White
Bauer
Great
New York Produce Prices and Wheat Market Report
The report lists New York produce prices for butter cheese eggs poultry and finer goods, with fluctuating figures. It also covers Chicago and Minneapolis market data on wheat futures, corn oats and provisions, noting declines due to warm weather and favorable crop forecasts, plus government acreage data and closing prices.
MENTIONED IN THIS ARTICLE
W. B. Gibbbs & Co
Farrest
New York Stock Fexchange
Washington Stock Exchange
Chicago Board of Trade
Chicago
Canada
Liverpool
Heldere
HTC
New York Grain Market Steady After Morning Weakness
New York grain totals show wheat receipts 40 700 bushels and export 75 500 with spot prices soft. No 2 red elevator 08 % fob afloat and No 1 Northern Duluth 108 % fob afloat. July 101 5 8, September 102 1 8, December 104 7 8. Corn receipts 18 275, exports 70 549 with spot easy. No 2 68 34 elevator and 62 1 8 afloat. July and September corn futures down 6 1 4. Oats futures mixed with spot buyers and hog markets noted.
MENTIONED IN THIS ARTICLE
New York
Duluth
Pitcairn Coal wins mandamus case over car distribution
Baltimore June 14 Judge Morris in US court denied most requests in the mandamus suit by Pitcairn Coal Co of West Virginia against Baltimore and Ohio and others. He ordered counting of individual mine cars in computing pro rata distributions when cars are short, boosting allocations to mines without own cars while preserving exclusive use for owners. The ruling also limits removed percentage allowances for ceased mining and finds no undue discrimination against Pitcairn. The Pitcairn operation spans about 1000 acres near Clarksburg WV.
MENTIONED IN THIS ARTICLE
Washington
Baltimore
Pitcairn Coal Company
West Virginia
Baltimore and Ohio Railroad Company
Monongahela
Morris
United States
Pitcairn Company
Baltimore and Ohio Railroad
Cumberland and Pennsylvania Railroad
Clarksburg
W. Va
Denies Stock Watering In New England Merger Case
Boston June. A legislative railways committee heard from Charles Mellen president of the New York New Haven and Hartford Railroad and Lucius Tuttle president of the Boston and Maine Railroad. They claimed about 100000 shares of Boston and Maine stock are controlled by New Haven interests and asserted no capital stock is water. Mellen cited over 150 million dollars spent on improvements since 1903. Tuttle attributed the Boston and Maine transfer to Massachusetts hostility to vested interests and saw no dire effects from consolidation. He declined to state his full approval of the merger.
MENTIONED IN THIS ARTICLE
Mellen
New Haven Road
Boston
Statehouse
New England
Charles 8. Mellen
New York
New Haven and Hartford Railroad
Lucius F. Tuttle
Boston and the
Rairoad
Matye
New Ha Toad
Tuttle
Boston and Maine Railroad
Massachusetts Lawn
Sovereign Bank to Wipe Out Reserve and Capital
At the Sovereign Bank annual meeting in Toronto President Jarvis announced the need to erase the entire 1.25 million reserve and write off a quarter of capital totaling about 1 million to restore sound finances. Major shareholders include Dresdner Bank Berlin with 7,000 shares and New York holders Joyce Merrick and Van Vieeck.
MENTIONED IN THIS ARTICLE
Toronto
Sovereign Bank
Jarvis
Dresdner Bank
Berlin
Thomas W. Joyce
New York
William H. Merrick
W. H. van Vieeck
Mails Denied to Mining Promoter in New York
The Post Office Department issued a fraud order denying the use of the mails to J. W. Cavanagh of 11 Wall Street New York a mining stocks promoter identified with Manhattan Surprise Mining Company whose Nevada properties were alleged. Postal inspectors found the scheme intended as a fraud. May postal receipts at the fifty largest post offices totaled 7366715 up from 6690743 last year led by New York with 1583838 versus 1450540.
MENTIONED IN THIS ARTICLE
Post Office Department
J. W. Cavanagh
John W. Cavanagh
Wall Street
New York
Cavanagh
Manhattan Surprise Mining Company
Nevada
Manhattan
New York Post Office
Metal Market Update from London to New York
The London tin market rose with spot up 158 and futures £1, while copper eased in London and locally remained dull. Lead held at 5.75–5.85 locally before a rise to £20 5s in London, Spelter steady, and Tron higher in London with standard foundry at 58s ed. Locally the market remained largely unchanged with various foundry grades quoted around 2500 gpS6.25 and 250 for No 1 Southern.
MENTIONED IN THIS ARTICLE
New York
London
Tron
Standard Foundry
Cleveland
Foundry Northern
Northern
Foundry Southern
Washington Cattle Market Sees Firm Run Across Classes
Market remains firm with good supply of calves in fair receipt and steady demand overall. Prices show prime and common cattle near stable, lambs and sheep mixed with firm trends, calves and cows trading at steady to higher levels in a cautious market.
MENTIONED IN THIS ARTICLE
New, York
Chicago
Junge
Ee Sesie
Amd
Aip
Liverpool
N. Zekman& Bro
Ateamehip Maryland
Arshour @ Co
Steamboat Inspection Service to Inspect Lake Ontario District
The Department of Commerce and Labor has ordered two inspectors to Geiekee N district including Lake Ontario and Alexandria Bay to conduct a thorough investigation. Forty five inspectors from various districts are temporarily detailed to other districts to raise the service standards to the highest possible efficiency.
MENTIONED IN THIS ARTICLE
Department of Commerce and Labor
Geiekee N
Lake Ontario
Alexandria Bay
Oswego
Steamboat Inspection Service
New York City
Lumber Car Interchange Dispute Before Interstate Commission
The Interstate Commerce Commission heard the Pacific Coast Lumber Manufacturers and other Washington groups against Northern Pacific Great Northern Oregon Short Line Union Pacific and fifteen other railroads. Complainants allege local Portland rates force transfers and refused interchanges and insufficient cars. They seek through routes joint rates via Portland and note Harrian versus Hill system exchange refusals. Railroads cite equipment growth lag behind lumber traffic growth.
MENTIONED IN THIS ARTICLE
Interstate Tcommerce Commission
Pacific Coast Lumber Manufacturers’ Association
Washington
Northern Pacific
Great Northern
Oregon Short Line
Union Pacific
Fortland
Portland
Hines
Oreg
Harriman
Hill
State of
Man Impersonating Officer Fails to Appear in Court
In Police Court Herman W Schrumm did not appear to face charges of assault and impersonating an officer. His collateral of 50 was forfeited. Police say Schrumm approached Jack Colbert and a young woman on Missouri avenue, flashed a fake badge, and tried to take them to a patrol box. Colbert resisted and was knocked down during the struggle.
MENTIONED IN THIS ARTICLE
Herman W. Schrumm
Jack Colbert
Schrumm
Colbert
Missouri Avenue Northwest
Threatened boy with gun leads to Birch sentence
Charles H. Birch arraigned in Police Court on carrying a concealed weapon with intent to use it. Found guilty and fined 100 dollars or four months in jail by Judge Kimball after testimony of a drunken incident near Woodridge involving a revolver and a threatened boy. Policeman Cooney arrested Birch.
MENTIONED IN THIS ARTICLE
Charles H. Birch
Kimball
Birch
Woodridge
Frederick Kelly
Cooney
Real Estate Loan Offer at 5 Percent in DC
A financial note states a lending service provides money against District of Columbia real estate at a fixed 5 percent rate. The ad emphasizes competitive terms for property owners seeking finance in the capital.
MENTIONED IN THIS ARTICLE
District OF Columbia
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United States Trust Co
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Washington Loan Ora Trusts Company
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Insurance Company
the Commercial Fire Insurance Company of
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Job Barnard
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Francis R. Dooley & Co
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Chas. F. Nesbit
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N. Y. Ave
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