Panhandle Dividend Triggers Sharp Market Slide
New York June 4 heavy trading sent stocks down across railroads and steels amid poor industry reports and a Supreme Court ruling. Panhandle common dividend passed with a rate cut, Panhandle preferred dropped seven points, United States Cast Iron Pipe preferred fell on weak business, and United Dry Goods preferred shed nearly 15 points. Copper abroad slid, bonds eased, and total par value sales reached 2.16 million with government bonds steady on call.
MENTIONED IN THIS ARTICLE
New York
Supreme Court
Intermountain
New York Central
St. Paul
Baltimore and Malo
United States Steel
Panhandle
Panjandie
Pennsylvania
United States
United Dry Goods Preferred
New York Bond Market Snapshot June 24
New York bond market figures list yields for American Agricultural, American Tobacco, Armour, Atchison, Baltimore and Ohio, Bethlehem Steel, Brooklyn Rapid Transit, Central of Georgia, Canadian Pacific, Chesapeake and Ohio, Chicago lines, Denver and Rio Grande, General Electric, Great Northern, Interborough Metropolitan, Missouri Pacific, New York Central, Norfolk and Western, Northern Pacific, Reading, Republic Steel, St Louis and San Francisco, Southern Pacific, Union Pacific, and Westinghouse Electric among others. Prices and yields vary with many issues in 4s, 5s, and 6s ranges, highlighting broad activity across rail, utilities, steel, and manufacturing sectors.
MENTIONED IN THIS ARTICLE
New York
American Agricultural Gs
American Cotton Oats
American Tal and Tel. Co
American Smelting
American Tobacco
Armour & Cats
Atchison Gen
Atchigan
Atlantic Coast Line
Baltimore and Ohio
Bethlehem Steel
Brooklyn ‘Transit
Central of Georgia
Central Leather
Chesapeake and Ohio
Chicago
Quincy
Chicago Great Western
Swale
SL P. Ev
Mil
Chicagoa
F.rr
P. Ry
Chicago and Northwestern
Colorado and Southern
Denver and Rio Grande
Distillers’ Securities i
Herte Gen
General Electric
Great Northern
Tino's Central
Interborough
Kanwar City
Southern
Lake Shore
Liggett & Myers
Larllard
Rae
Rae Toulsville
Naebville
Missouri
Kaw
Texas
Joh Misgouri Paefker
New York Central
New York City
New York States
New York Railways
Hartford
Norfolk and Western
Northern Pacific
Oregon Short Line
Pacific Tal and Tel
Southern Pacific
Southern Railway
Tejas Company Cy Fs
Texas and Pacific Ist
Third Avenue
Tinton Paciie
Og Union Marile
Sand US Rubber Os Wlts Steel
Virginia Car Chemical ‘Bs
Wabash Weissee 21Dastern Union
Westinghouse Electric Ov’ Ia
Louisville and Nash
Amer. Agricultural
Pwim. St. P
S. St. M. Pana
Amer
M., K. and
Mackey Co
Moexican
Amer. Car & Fay
Miami
Missouri Pacific
Ice Securities
National Biscuit
American Linseed
Oyota National Land
Amer. Smelt & Rig
Wwo
R. Pfa
N. H
Sugar Refining
Amer. Tel
Amer. Tobacco
North American Aces
Anaconda Mining Co
Aig
Atchison
Pacific Mail
Pacific Tel
Bullman
Atlantic Coast
Pennsylvania
Ohio
People's Gas
Ing
Mauidate
City Bank
Brook
Rapid
Pittsburgh Coal i
Pittsburgh Coal
Stillman
Phliman Palace
Third National
Ches
Thua
Ghieagd Gt West
Republic S
Bae Ae
Dolar
Chi
St. P
Republic I
N. W
Rock Island Co
China
National
Cole
Bt. L
S.F
Ste
Consolidated Gas
Seaboard Air Line
United States
Seaboard A. L. Ptd
Washington
Hisgats Belas Steel Ota
Treasury Department
Relink
Bank of the Republic
Vian-Car
Aeg
Tohm
Jay Knox
Knox
Nabaar
Union Pacific
R. G
Distiers’ Securities
Intey
Harvester inter-Marine
Benen
Ae Coat Kear
Westinghouse
Bsig
goodLehigh Valley
Lake Erie
Wall Street
Broadway
Fort Sher
John
W. B. Hibbs & Co
Sherman
New York Stock Exchange
Hibbs
First National
Daniel 8. Wing
Boston
Wing
William A. Gaston
Shawmut National Bank
New England
Nassau National Bank
Irving National Tt
Walla Great
Irving National
Nassau
Fourth National Bank
Mechanics and Metals Bank
National Bank
Lincoln
George Opdyke
Peter Cooper
David Dows
Horace B Claffin
Fourth National
J. Edward Simmons
Boston and Baltimore Market Prices Report
Boston closing prices and Baltimore market quotes for wheat oats poultry eggs and butter dated June 24. No. 2 red wheat 89 cents per bushel. oats No 3 standard white 46 cents. various butter and egg prices across Maryland Pennsylvania and nearby regions.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Pennsylvania
Penneylvania Rails
Ohio
West Virginia
Daly
Live Stock Markets Report From Chicago June 24
Hog receipts around 26 000 head with mixed quality and prices 5 0 4 80 for sows and gilts and 7 0 8 35 for heavy hogs. Cattle receipts about 14 500 head with steady tone note stockers feeders cows and heifers calves bids ranging 7 0 to 19 00. Sheep receipts 5 30 head with lambs 6 50 to 7 25. Calves 2 4 1 9 0 0. Hogs 4 400 head heavy to light 7 50 7 60 with minor variations.
MENTIONED IN THIS ARTICLE
Chicago
Beaven
T.homs
Steedy
New York
RTE
Boston
New Orleans
Astapa
East Jutta Copper
Norfolk
Nevada
Baltimore
Nere
Dipissing Minea
Shannon
United Fruit
Utah Consolidated
Utah Copper
Salon
Stonk
Houston
Memphis
Augusta
Louie
Cincinnati
Little Rock
Wall Street Brief Signals Decline Amid Fed Rate Pause Hopes
Brief overview of New York stock market trading with a drop in major stocks including New York Central and Western Union. Notes lower demand for sterling and impending July maturities for railroad issues. Copper prices hit a two-century low near 12 1/2 cents on the New York Metal Exchange.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Interstate Commerce Commission
Ward
New York Central
Whelther
New York Metal Exchange
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
J. Thilman
Hendrick
15Th St
N. W
Manhattan Life Insurance 1 Co
Union Pacific Railroad
Union Pacific Railroad Company
Broadway
Frederick V
Absorption of Fourth National Bank by Mechanics and Metals Bank
The Fourth National Bank of New York will liquidate and be absorbed by the Mechanics and Metals Bank, forming one of the nation’s great banks. The piece recalls prior consolidations, including Third National with National City Bank, and notes Wall Street’s shift toward larger consolidated institutions under leaders like James Stillman and J Edward Simmons.
MENTIONED IN THIS ARTICLE
Fourth National
Mechanics and Metals Bank
New York
Fourth National Bank
Third National
New York City
A. Barton Hepburn
Washington
James Stillman
National City Bank
Financelal
South
Stillman
Brownsville
National
United States
Holland
United States Treasury facets report June 23 1914
Treasury figures show daily revenue receipts and disbursements totaling millions. Highlights include ordinary disbursements for the fiscal year to date, general fund assets and liabilities, and total cash assets in general and in trust as of the report date.
MENTIONED IN THIS ARTICLE
General Fund
United States
Treasury
Philippines
Treasury Bank
New York Produce Prices and Market Notes June 14
New York market report shows butter steady at 37,700 tubs with creamery grades, cheese steady at 6,000 boxes, eggs irregular with 13,600 cans, and poultry quiet. Flour and rye flour steady, cornmeal easy with prices around 1.40 to 1.60 per unit. Cereal oils and fats mixed, sugar and coffee quotes listed with various monthly futures and spot values.
MENTIONED IN THIS ARTICLE
New York
Creamery Seconta
AGIS
Rio
Santos No
Cordova
New York Grain Market Snapshot and Irregularities
New York grain prices show spot irregularities across wheat oats and barley with No 2 hard winter No 2 red and No 1 northern futures varying. July and September futures hover around 87 to 89 percent while prompt No 2 yellow oats and Western barley display mixed bids and scarce clarity from Duluth and Manitonpagus regions.
MENTIONED IN THIS ARTICLE
Chicago
Russia
Romania
Nai
New York
Jane M
Duluth
The Metal Market June Copper Prices and London Rates
New York copper prices for spot and August range around 13.30 to 13.7 with electrolytic and casting values noted. London copper remains steady at about £60 18s Bd spot and £61 3d futuro. Quiet trading in tron and warrants listed for Cleveland and London markets.
MENTIONED IN THIS ARTICLE
New York
London
Cleveland
Fis
New York Money Market Briefs June 4
Mercantile paper quoted at 3 4 9 6 per cant with sterling steady at 4 5 6 1 2 for 60 days. Demand 4 8 9 1 2. Government bonds steady while road bonds weak. Call money at 1 7 2 percent, ruling rate 1 percent. Time loans stronger with 2 4 2 percent for short term.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Washington stock exchange notes and dividend announcements
Regular session saw four sales of Mercerthalier shares totaling 26 to Washington stock exchange traders with weak demand for many prominent issues unless price concessions occur. Five Washington Railway and Electric preferred shares held at 52, thirteen more at 218. bonds and other issues traded with modest activity. Dividends declared include Columbia National Bank quarterly 5 percent, Bank of Commerce and Savings semiannual 2 percent, Union Savings Bank quarterly 2 percent, payable mid year.
MENTIONED IN THIS ARTICLE
Mergenthaler Linotype
Washington Railway and Electric Preferred
Potomac Electric Cons
Weet Traction Allroads
We Eshington Railway and Electric
Georgetown Gas
Faetown Gas BP
Geersington Gas
Jane Gag
Capital Traction Co
Ana
Beim City
Columbia Ry. Tie
Columbia Ry. Ds
Metropolitan
R. Ia
Wasn
Bate
Amer
P. Telephone
Tel
Amer, Tel, and
Tel’ Co
Digs W. Steamboat
Amer. Tel. and
Tel. Co
Typh Machine
Stoers Mergenthaler Linotype
Lanston Monotyne
Ee Mining Btook
Greene-Cananea, Rega E Batocks
American
Capital Columbia
Bell Commercial
Au District
Partners & Mechanics
Federal
Lincoln
Washington
Trust Company
iAmer
Security and Trust National Savings and Trust
Ed Union Trust Company
Waan, Loan & Tube
Continental
Savings Bank
Home Savings Bank
Commerce and Savings
East Washington Savings
Arlington Corcoran
Firemen's
German-American National Union
Columbia Title
Chapin-Sacks Co
C. Paper Mi Co
Urg Security Stora
Deguritigs
Washington Stock Exchange
Mergenthaler
Ington Railway and Electric
Fotomac Electric Consolidated
Columbia National Bank
Bank of Commerce and Savings
Union Savings Bank
Government to Add 27000 Acres to National Forest Lands
The national forest reservation commission approved government purchases totaling over 27000 acres in Virginia West Virginia Tennessee North Carolina South Carolina and Georgia. About 18500 acres lie in North Carolina mainly Mount Mitchell area about 7000 in Tennessee and 600 in West Virginia. The year ends June 20 1814 with total purchases near 400000 acres and East lands since 1919 reach 1195000 acres at a cost of 35360900.
MENTIONED IN THIS ARTICLE
National Forest Reservation Commission
Virginia
West Virginia
Tennessee
North Carolina
South Carona
Georgia
Mount Mitchell
Grocers Enjoy Annual Outing on the Potomac
Washington grocers and guests, members of the Retail Grocers Protective Association, celebrated the twelfth annual excursion aboard the chartered steamer Charles Macalester. The event closed shops at 1 pm to allow attendance, with races, swimming, dancing, and contests including fat women's and ple eating, amid officers J H H Goodrich, G B H Bohannon Sparrow, A G Schmidt, Parry P Patrick, and Charles F Diggs.
MENTIONED IN THIS ARTICLE
Washington Grocers
Washington Retail Grocers” Protective Association
Marshall Hall
Retail Grocers' Association
Charles Macalester
Association
J HH Goodrich
G. BH. Bohannon
Ina
Preliminary Work Delays Open of Federal Reserve Banks
Senate delays in confirming the Federal Reserve Board and in naming directors for the twelve Federal reserve banks hinder plans to open on August 1. The organization committee is compiling nominations, with electors from member banks to vote within 15 days of nominees, a process slowed by distant banks and long ballots. Three directors will be named by the Federal Reserve Board, nine by the board of each bank, followed by a chairman selection. After initial term designations, most directors will serve three-year terms.
MENTIONED IN THIS ARTICLE
Treasury Department
Federal Reserve Banks
Senate
Federal Reserve Board
Federal Reserve Bank
Local Produce Market Wholesale Prices
A page of wholesale prices for poultry eggs vegetables and fruits with rough figures per dozen basket crate or box. Items include Alliva spring chickens hens turkeys eggs Virginia West Virginia flavors. potatoes Maine Michigan Florida Georgia South Carolina. green fruits California oranges lemons pineapples apples Florida cantaloupes watermelons peaches plums and more with price ranges and package units.
MENTIONED IN THIS ARTICLE
New York
Virginia
West Virginia
Maine
Michigan
Florida
Georgia
South Carolina
Celers
Eng
Texas
Nora Carolina
California
Tobacco farmers urge government control of sales in bid for relief
Virginia farmers meeting in Washington call for a federal agency to market American tobacco and curb oppressive private pricing. A 100 grower delegation meets the joint tobacco commission to press for reforms paralleling foreign models. The delegation includes A B Thornhill and J M Bee among others, with McDowell & Sons newly incorporated to handle agricultural trade.
MENTIONED IN THIS ARTICLE
Joint Tobacco Commission
Senate
House
Farmers Educational and Cooperative Union of Virginia
National Hotel
Virginia
Washington
Congress
France
Italy
Spain
Austria
Japan
United States
A. B Thornhill
Appomattox
J. M. Bee
Buckingham
R. D. Wilson
Bedford
H. M. Green
Charlotte
R. L. Chambliss
Brunswick
ET. Condurant
Prince Eoward
Gordon
Mecklenburg
D. M. Blankinah P
Campbell
D. M Ganaway
Buckingham County
Farmers’ Educational and Cooperative Union of Virginia
McDowell & Sons, Incorporated
McDowell & Sons
Eckington Place
Samual C. McDowell
Albert F. McDowell
James H. McDowell
A. Lynn. McDowell
Washington cattle market prices and mixed farm market notes
Markets report steady butter and higher eggs with Western extra firsts up. cheese weak. wheat and corn mixed with No 2 red and exports cited. cattle lambs and veal prices noted. poultry steady with dressed birds unchanged. Philadelphia market dated June 24.
MENTIONED IN THIS ARTICLE
Philadelphia
Duluth
U S Cotton Crop of 1913 Worth Over 1 Billion Revealed
Census figures show the 1913 cotton crop the largest since 1911, valued at about 1.042 billion dollars. Ginned output reached 18,982,811 running bales, with 6,305,000 tons of cottonseed produced and 4,579,508 tons crushed. Imperial Valley and Arizona contributed notably with rising plantings and significant gains in bale counts.
MENTIONED IN THIS ARTICLE
Census Bureau
United States
Imperial Valley
California
Arizona
Egypt
Lumber Production In United States Reported
The forestry service states about 45 billion feet of lumber of all kinds are produced annually in the United States. Roughly 25 billion feet are further manufactured. Wood supplies the raw material for 55 principal industries with planing mill products leading usage and box and crate manufacturers second, followed by builders of steam and electric cars.
MENTIONED IN THIS ARTICLE
United States
Forestry Service
Warburg Quits Bank as He Joins Federal Reserve Board
New York reports Faul M Warburg will retire from all corporate offices after Senate confirmation of his nomination to the Federal Reserve Board. Kuhn Loeb partners plan resignations from financial directorships linked to the Fed system. Mortimer Schiff declines invitation to join Mechanics and Metals National Bank after absorbing the Fourth National Bank.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
New York
Faul M Warburg
National Bank of Commerce
United States Senate
Kuhn, Loeb & Co
Federal Reserve System
Mortimer L. Schiff
Fourth National Bank
Mechanics and Metals National Bank
Brooklyn Subway Cave-In Kills One, Injures Six
Nearly half a block of Brooklyn sidewalk and the overhead work structure collapsed on Tuesday burying more than twenty workmen. One man was killed and six injured as wagons and four horse teams were engulfed. Firemen and police recovered victims as the superintendent and foreman were arrested pending investigation.
MENTIONED IN THIS ARTICLE
New York
Brooklyn
Excursions from Colonial Beach by Steamer Bt John
Coloniel Beach trips announced for the Bt Johns, Washington’s largest excursion steamer. Two morning 40 mile trips planned tonight and tomorrow with music and dancing at the pavilion over the water. Weekend services Saturday at 2:29 PM and Sunday at 5:00 PM will feature sailing, canoeing, and other boating amusements.
MENTIONED IN THIS ARTICLE
Coloniel Beach
Bt. Johns
Washington
Colonial Beach
St Johns
Avening Tver
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Europe
Paris
Curb Market
Chicago Grain
United Rys
Hlec
Baltimore City
Oath
S. Brewing
Hlec. Inc
A. Bs
Adams Express
Cone Garris
St Shinldfield
Gold Hull
Greene-Cananea
Intercor
Kerr Lake
Hastert
la Rosa
Roporta
Mason Val
Carolings
Manhattan
Marcon Naw
Marconi Canadian
Riker Hageman Co
Tadistan
Yukon Gold
United Cigar Stores
United Cigars
Baltimore Securities
U S
Wall ° Street
Western Union
Ita
American Telephone
Journal of Commerce
Haltmore
NEW York Stock Market
Hoeland
Local Stock Exchange
United States Treasury
Ghandler &Company
F Street
Wm. E. Lewis
Copihal Court
SN. W. Woolworth
Brig
Lancaster
Financial
S. H. P. Pell & CO
Local Produce Market
Rags Strep
U. 8
Warburg
Subway
Burplus
National Savings and Trust Company
15Th and
N. Y. Ave
National Metropolitan Bank
Fifteenth Street
UDS Treasury
District of Columbia
The
Munsey Trust Company
Frank A. Munsey
Shell
Lotna
Swartzell, Rheem & Hensey Co
First Trust
Real Estate Trust Co
Tel. M
American Telephone & Telegraph Co
Tyestir
Sunday Post