Big stock market decline hits Atchison and Southern Pacific
A large scale liquidation drives today's stock market lower with the bulk of losses on Southern Pacific and Atchison shares falling 4 1 2 and 6 12 points respectively. Trading runs heavy with about 1 700 000 shares. foreign selling from London and selling pressure from high quarters fueled the drop as readings show no single clear cause beyond widespread liquidation.
MENTIONED IN THIS ARTICLE
New York
Southern Pacific
Atchison
London
Stock Exchange
Union Pacific
Northern Pacific
Great Northern
Reading
Pennsylvania
Northen Pacific
Treasury report summary of national bank receipts and balances
Treasury data show yesterday’s national bank notes received for redemption totaling $766,167 with receipts from internal revenue and customs. Expenditures were $0 and general balances for food funds exclude $180 million gold reserve. Gold coin and bullion amount to $126.5 million with gold certificates at $246.96 million. Reserve funds, trust liabilities, and deposits in national banks are listed alongside current cash and silver dollar figures, totaling $31.125 billion.
MENTIONED IN THIS ARTICLE
National Bank
Ersaenes
General Fund
Pees
Philippine Treasury
London and New York metal markets mixed on March 5 6 9 and 6
London tin and copper futures eased while lead and zinc held, iron and steel prices mixed in New York. Market reports show London tin at 151 153 pounds and copper around 109 110 pounds, with local markets steady though muted. Lead rose in London but stayed flat locally, zinc unchanged, while iron castings and various foundry grades varied by region. US bond and stock listings also cited, with noisy trading and rate quotes across multiple issues.
MENTIONED IN THIS ARTICLE
New York
Mar
London
Spolter
Tron
Stantard
Cleveland Warranta
Foundry Northern Js
Foundry Northern
Foundry Southern
Fowndry Southern
Wall Street Gossip on Market Extremes and Rail Stocks
Special to The Washinxton Fest from New York on March 5 summarizes a bears bullish contrast as the Pennsylvania Railroad report is favorable yet ignored by traders. It notes expansion delays due to money and labor market constraints, outlines recent stock moves in Atchison United States Steel copper and steel issues, and explains the Southern Pacific and Union Pacific declines amid dividend expectations and liquidity pressures.
MENTIONED IN THIS ARTICLE
Atchison
Atchison Common
Wall Street
Southern Pacific
Railroad Commission
South Dakota
Pennsylvania Railroad Company
London
Hoston
Philadelphia
New York
Pennsylvania Railroad
JaborToarket
Toe
Coppers
Harriman
United States Steel
Ston Oilers
Union Pacific
Local Stock Market Weather and Bank Merger Notes
Yesterday's stock market showed gains in public utilities with Washington Railway and Electric, Washington Gas, and Mergenthaler leading activity. Railway common opened around 40 half and climbed to 41 while options traded near 41 to 41 8. Mergenthaler rose about 1 1/4 to 21 41 8. A Bank of Washington dividend of 25 per share was proposed to equalize values ahead of the Central National Bank merger. Philip G. Affleck and Augustus P. Grenshaw were elected vice presidents of Citizens Savings Bank with talks on capital increases and a permanent home.
MENTIONED IN THIS ARTICLE
Mergenthaler
Central National Bank
Bank of Washington
Philip G. Affleck
Augustus FP. Grenshaw
Citizens Savings Bank E
Washington Stock Exchange closes with varied prices and bonds
Closing quotations from yesterday show Washington Railway and Electric common at 41 percent, American Graphophone and Mergenthaler at 214 percent and 42, with District of Columbia bonds around 102 to 114, Washington Gas Company notes trading near 45 to 59, and Philippine Land Purchase at 49 109 percent.
MENTIONED IN THIS ARTICLE
Capital Traction
Washington Railway and Electric
Washington Gag
Mergenthaler
American Graphophone
Cormacun
Union Trust
Washington Gas
Mergenthater
Stock Exchange
Philippine Land Purchase
District of Columbia
Sais
Washington Gas Company
New York Stock Market Quotation Highlights
The day’s market report lists numerous stock prices and changes across railroads, steel, oil, and utilities with figures for Amalgamated Copper, American Car and Foundry, Missouri Pacific, Reading, United States Steel, Norfolk and Western, and many others. Total daily value reported at 1,787,200 shares with varied gains and losses across major named entities.
Baltimore Market Roundup with Grain and Dairy Quotes
Baltimore markets report mixed grain receipts and steady prices. Wheat and corn show firm to uneven values with various futures and grade distinctions. Butter and cheese hold firm while eggs drift lower. sugar remains steady.
MENTIONED IN THIS ARTICLE
Baltimore
Mar
Barrola
Gom
Chicago Wheat and Corn Prices Rally on Short Covering
Chicago Wheat May delivery rose amid short covering and strong demand from brokers and commission houses. Corn fell while oats steadied. hogs and lard advanced with provisions up on heavy activity. Weather reports improved wheat prospects though some damage feared from a green bug. official receipts and Bradstreet supply data cited.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
Bankers and Breers
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
UGM Ashe
Chicago
Shorts
Bietty
Aime
Bradstrest
Witl
Minneapolis
Duluth
Activa
Nayenra
Donal
May Park
New York Cotton Market and Dressed Poultry Summary
New York March cotton market shows mixed action with gains in May and July while reports of strong poultry demand in New Orleans note steady dressed meat prices and scarce high grade chickens. Quotes pull back after initial rally as traders weigh futures signals and cash receipts.
Unclear commodity report with mixed figures and terms
Fragmented OCR text lists diverse commodities including flour, sugar, pork, cotton, potatoes, and cabbage with numerous odd spellings and numbers. Several items show steady or firm activity, while others are damaged or unclear, yielding an inconclusive market snapshot.
New York Grain Market Report March 5 Highlights
New York reports show wheat receipts at 62 000 with spot firmness and varied futures. Corn arrivals reach 464 400 with steady prices around Nos 2 and 2 white, while oats supply and prices remain active.
MENTIONED IN THIS ARTICLE
New York
Estes
Duluth
Sra
Gelling
May
New York Produce Prices and Wheat Prices Report
In New York market notes, Bratdy receipts reach 9 595 with Western factors and cheese firm at unchanged levels. Egg receipts 3 918, eggs weak, and state Pennsylvanias and nearby fancy whites show prices around 23 to 21 for choice grades, while Western firsts trade near 18 percent. Live poultry reports irregular Western chickens, fowls, and turkeys with dressed meats noted.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
North Carolina
Noconda
New York State
Jorge
New York
Mark
Pennsylvania
Washington Loan & Trust Co. Financial and Real Estate Services
Washington Loan and Trust Co. details capital and surplus, real estate department, and executive officers John Joy Edeon John A. Swope Ellis Spear. The report notes market conditions with declines, quiet trading, and profit taking while Southern spot marketing remains steady and exports exceed port receipts.
MENTIONED IN THIS ARTICLE
John Joy Edeon
John A. Swope
Ellis Spear
Live Stock Markets Across Cities Report Mixed Returns
New York reports steady prices for cattle and hogs with dull overall demand. Chicago and Baltimore markets show varied receipts and modest declines for cattle, steady to higher hogs, and robust sheep trading. detailed bids include steers 4.00 to 5.85, cows 3.25 to 5.00, hogs 6.00 to 6.95, and lambs 6.00 to 7.16 per hundredweight, with weekly totals noted in each region.
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New York
Mar
Haporta
Chicega
Baltimore
Cattla
Bert Catia Stout
Stogm
Hocker
Femleta
Quernmors
Liverpool
N. Lehman & Bre
Myers & Hengeman
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