Opening Gains Lost Market Puzzles Traders
The New York stock market opened strong as gains faded by day’s end amid mixed signals. Baltimore and Ohio dividend actions, Paris loan arrangements, and dividend expectations influenced sentiment, with Interborough weak and United States Steel stabilizing. Money market remained quiet as analysts weighed gold flow and railway earnings.
New York Money Market Tiny Update and Rates
New York money market shows rates at 263% per cent with prime rate around 34 5 cents bidding and offering at 2. Time loans strong with sixty days at 4 percent and ninety days at 4 percent. Primo mercantile papers at 3 percent. Exchange weak for demand and sixty-day bills at 48 1/2. Silver at 65 1/2 cents per Mexican dollar and government bonds steady with railroad bonds.
MENTIONED IN THIS ARTICLE
New York
Primo Mercantile
Far
Wall Street Gossips Boosts Rail Stocks in Steady Market
Special to The Washington Post New York June 20 Bullish trading lifts many issues as Great Northern clears 200 again with a 14 point rise. American Locomotive and Baltimore and Ohio post gains on dividend news while insiders discount. Pennsylvania faces minority holders over revenue sharing as Chesapeake and Ohio and Norfolk and Western rise on dividend rumors.
MENTIONED IN THIS ARTICLE
Washington Post
New York
I & Less
Nour
Shorts
Baltimore and Ohio
Directnfn
Baltimore
Ohio
American Locomotive Company
Pennsylvania Company
Paris
Ioan
Wall Street
Pennsylvania
Hugh
Great Northern
Bulla
American Locomotive
Loco Motive
Pennsylvani
Chesapeake and Ohio
Norfolk and Western
Baltimore and
Eee
Saten
jAlab Low
Adams Encpressaa
Iona Central Pri
Armonyanate
Kansas City Snuttern
Uar and Foundry
Annas
City Souritern Ptd
WAM
Car and Foundry
JF Wl Aus
Louisville
Noebville
Mexicon
Central
Minneapolis
Bt. Louis
American Expressseeps
Ste
Kanen
Texas
Jamericar
National Suasts WlAmerican
Nat. R. R
Mexico
New York Central
Ontario and Western
Bsaso OG
Tobacco Pt. Cartif
Norfolk Gnd Western Ped Oy
Aagrenada Mining Co
North American
Saba
Northern Packhr
Pacific Matt
Aequa
Central Leather
Chesspeake
Oplo
Soo
Ptt de Chicago
Alton
Republic Steel
Tee Johieago
Alc
Republic Steel Ptd
Chicago
St L
San Fy
Lewis Southwestern
C.f
St Louis Ie
Louis Southwestern
Fem Fe
Colomalo Fugh and Iron
Southern Pacific
Bia Ie
Colao and
Southern
Fasta, A
Roay
Seudern Packie Ptt
Cola
Southern Railway
Iyath
Southarn
po'Zouthers Rathwar Pfdy
Ha Coc
Tensesber Coal and Iron
Ang
Tatas and
PaciBe
Denver and
Rio Grande
Tinton Pacific
United States Express
Astevafees
United States Realty
Lest
Distillers’ Securities m Is
United States
Henner
Great “Northern
Ardiina Chevalenl
Garolina
Hocking Vallew
Tinais Central
Wheeling and Leke Erle
Wisesisin Central
International Puroport
Boyd
Fowa Central
Wisegwain Central
W. B. Hibbs & Co
F Street
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
Cotton Market Slumps After July Decline Amid Margin Pressure
New York June 20 The cotton market opened steady then slid sharply as July bunched with selling orders from margin calls, pulling July to 10.23. October held 10.20 with a premium over Chesapeake and Ohio July. Traders cited nervous, irregular sessions, with Chicago and Gulf demand noted and overall prices retreating from last month’s highs.
MENTIONED IN THIS ARTICLE
New’ York
New York
Tovareo
Chesapeakead
Ohio
Chisago
Allonites
Celine
Cpot
Ghicugo
Burlingcen
Guines
Pert
Eerie Bhaiy
Texas
Golorafo
Midland
Denver
Grande
S. Hoeking
Atchison General
Atchison Adjustment
Atlantic Canal Line
Baltimore
Baltimore and
Brooklyn Land Transit
Central of Georgia
Central of Georgia 2 Inc
Central of Georgia 24 Inc
Taleo Mas
New Orleans
Ord
St Louisa
Kansas
Natal Railroad of
Mexico
New Turk Central
Caeli
Norfolk— c
Northern Pacific
Norfolk and Wester
Oregon
St Touls
Louie
San Francisco
Uae
Seaboard Air Line
Southern Pacific
Uos
Sae
Toledo
St. Louis
Western
Union Pacific
United States
Sean Rer
Cinciana
Maryland
Souleville
Wheeling
Lake Erie
Great Britain
Readnent
France
Japan
Japad
Masico
Stock Exchange Shows Little Life in Hot Weather
The stock market remained dull despite summer heat with weak public demand and few trades. Washington Railway and Electric held around 41 1/4, Norfolk and Washington Steamboat ex-rights and ex-dividend saw pencil calculations, and overall activity focused on active banks and reordering of the board as brokers push for efficiency.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of
Stock Exchange
Featerday
Bieiness
Washington Railway and Electric Commoon
Lanston
Norfolk
Washington
Mitchell
Washington Stock Exchange Closing Quotations Report
Closing quotations from yesterday's Washington Stock Exchange show trades in Railroads and Electric issues, Metropolitan and Columbia railroad certificates, Washington Gas and Electric bonds, Potomac Electric Light, and various national banks. Key notes include Washington Railway and Electric preferred at 80 percent and common at 1, United States registered bonds and Potomac line stocks, with multiple bonds and trust stocks listed across districts, banks, and utilities.
MENTIONED IN THIS ARTICLE
Salea—Wagnington Railway and Electric Preferred
By. i Washington Railway and Electric Common
Ad. Larson
Greme
Norfolk and Washington Steamboat
United States
Unitedd States
Mitchell Mining
Verterday
Stock Exchange
District of Columbia Lands
Caplital Traction Railroad
Metropolitan Railroad &S
Metropolitan Railroad
Columbia Railroad
City, and Suburber Railroad
Washington Railway and Electric
Bristol Gas and Electric
Washington Gas Company
Washington Gas (Ompany
United States Electric Light
United States Dicetricc
Norfolk
Washington
Natiosa
de- Poelt and ‘Trust
Washington Loan and ‘Trust
American Security and ‘Trust
Union T Rust Company
Security ‘Storage Company
Home Savings Bank
Union Sarings Danie
Capital Traction
Washington Railway
Wegtite
National Bank
Bani Utington
Metropolitan
Central
Farmers and Mechanics
Columbia
Capital
American
Riggs
Inallance Stecka
Piromen’s
Franklin
Metropolitas
Corcoran
Potomac
Atlington
National ‘Union
Columba
Riggs Bi
People's
Tite Incutunes
Washington Gas
Georgetown
Langton
Creane Consolidated Copper
Washington Market
Healty Agetalkel and Agency Company
Mitchell Mining Company
Southern Public Service Corporation
Tex
National Capital Bank of Washington
Banic
Seca Slo
Saetee Ee
District of Columbis
H. McKeh
Cashler
Henry K. Simpson
Notary Pobite
D .C
John B. Harrell
H. C. Secadley
Geo. F. Harbin
Diroeta
Live Stock Markets Steady to Higher in New York and Chicago
New York receipts show cattle steady to strong, fat cattle firm, and calves weak as veal prices slip. Hogs firm to higher with state hogs up to 7.38. sheep and lambs rise modestly. Chicago reports 22,000 cattle and 73,000 hogs with cattle weak to a shade lower and sheep prices firm at 4.50 to 6.35 for lambs around 7.50 to 8.97.
MENTIONED IN THIS ARTICLE
New York
Bologna
Veale
Chicago
Tulle
Calven
Also Mentioned on This Page
Interborough
Argentina
United States Steel
Miseoum Pacific Railroad
Inter- Dorough-Metropolitan
Busi Jness
Meser Company
Treasury
Boston
Exton
Maine
New Haven
Hartford
Amaricar
Amayico
American Woolen
American Wooler Pl
Edisey Eleetrie
Wectrie Masacha
Massachusetts
North Bute
Amalginsind
L Bingham
Shannon
Utah
New York Stock Market
Wis
Metal Market
Long Hon
London
Seite
Tron
Englis
Standard Foundry
Cleveland
Northern
Routhern
Bouthern
Deine
U. S
U.S
U S
Local Financial
American Security and Trust Company
Fifteenth and
Pennsylvania Avenue
Charles J. Bell
gAnAr
Washington, B.G Ro
U. S. Treasury
Ghiago Board of Trade
Financial
National Safe Deposit, Savings & Trust Co
Cor. 15Th and
New York Ave. Fortieth Fear
American Express Co
the Traders National Bank
Savings Bank
Equitable Co-Operative Building Association
Wade
Equitable Building
F St
Vehn
Jay
Washington Loan & Tru
Offich Cor
Acta
Boxea
Jobn A
Bliss Spear
Parker
Hamry 'G
Vica
F Street N. W
Ave
Union Savin
Curb Market
Nevada
Tennesse
United Copper
Woeshington
Israel Zangwill
The
Sunday Post
Fisk & Robinson Bankers
Cedar Street
State Street
IB. F, Saul CO
7Th and
L Sts. N. W
Buswstine's
Innsylvania Avenue
Suse
Surety Loan Co
Metropolitan Loan & Trust Co
E Street N. W
CAIL
Jaye
Department Whea
Commercial Bank
WY. Cor
Ares
Tolman
6Th St
Na Pal
Geo J. Edmonds
Eas
BL. Wilson
Ilverware
Congress
Washington Safe Deposit Co
Pa. Ave
South Bids
Napoleon
Carshss
Tam
Arthur Cowsill
Colorado Bldg
Sts
Rev
Swartzell, Rheem & Hensey Co
Warner Building
Chesley & Spence
EWO
Colorado
Tel
Mate UK
Srome
Az Ath
Home Building Association
A M. Woodward
19Th St Nw
Arthur Wall
Lynn, Wall “& Co
HL Gough
F St. NW
Francis R. Dooley & CO
Instve CO
Henry J. Spuhier J
Pittsburg
St. le Drott
District of Columbia
Heiskell
Mcleran
First Truste
D. C
Harrison Realty Company
Elityy Storage CO
Ing Real
Alexandria City
John Normotle
Alex Nail Bank Bldg
Alex
Stone & Fairfax
New York, Ave
Mth
Eorneo
Frank Trawlings
Darlington Fire Insurance Company
Tyler & , Rutherford
J. H. Bradley Company, Inc
THOS
D.cabal Estate
F. HL Smith CO
Hand
N.Y. Ava
Moore & Hill
Sanders & CO
BE. Hoon
REED
25Th
St. Nw
Building Association
C. A. Baker
Metzerott Bldg
Walter H. Acker
House of Appenentatives
United
Washington, D
Representatives
House of Representatives
Capitol
A. McDowell
McDowell
House of Representatives United States
Geestone of Congress
Curety Company
Ell
Honea
Ee Ecentorves
Jez
Washington, D. C
House
A. McDoweld
As of Representatives
ERIS
E. A. Bitccook
Jer
Department of Justice
Eited States
District of
Umbla
Properte Cler District
Henry B. Farland
Henry Biddle
Commissé Inmbia
Office OF the Commissioners OF the
Turhigh
Fseai
Ulti
Henry Blof
Henry L. West John Mers
Cajeisdtt