Market Advance Held as Stocks Rise Amid Mixed Developments
Strength of stocks and a rising tide kept traders optimistic despite unfavorable factors from Western Maryland receivership to Gould properties. Pacific earnings cited as a bright spot while Western Maryland and other Gould assets weighed on sentiment. market activity remained volatile with persistent buying and selling pressures throughout the day.
MENTIONED IN THIS ARTICLE
Maryland
Gould
Pacifics
Pennsylvania
Pittsburg
Goulds
Northern Pacific
Washington Stock Exchange closes with broad activity and mixed bids
Trade mating dominates on the Washington Stock Exchange with widespread participation. Notable moves include Washington Hallway and Electric Preferred trading near 7,000 shares transacted, and National Metropolitan Bank at 242. Mergenthaler and Lanston seen in limited interest. Capital Traction weak, bids firm but offerings light. Bond room active with buyers, sellers scarce, closing quotes list varied prices across multiple issuers and options.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Washington Hallway
Electric Preferred
Mquidafon
National Metropolitan Bank
National City
Mergenthaler
Lanston
Capital Traction
Wiremen's Insurance
Natonal Metropolitan Fire
Capital Traction da
Washington Railway and Electric Consolidated 4S
M. Washington
Electria
OPK
Groene-Canznen
Mitchell Mining
Metropolitan National Bank
Firemen’s Insurance Company
Metropolitan Insurances Company
Washington Gas
Yaay'a Stock Exchange
New York Stock Market Trading and Commodities Report
Friday notes a steady to firm market across multiple sectors with money on call easy and high liquidity. Reports cover eggs butter poultry meats vegetables fruits cattle hogs lambs and calves with prices and ranges from New York and surrounding markets, including Toledo and Cleveland area postings.
London tin and metals market drift amid uncertainty
The London tin market fell in spot trading by over 1 and futures slipped, with local prices easing. Copper prices in London and locally weakened, while other metals showed little change. Market chatter cites producer price disputes and market uncertainty continuing into the session.
MENTIONED IN THIS ARTICLE
New York
Mar
London
Jorge
Cleveland
Northern
Wall Street Gossipy Notes on St Paul and Marketanvas
New York reports on March 2 ex-dividend for St Paul at 12 percent distribution lowering price below 110. Analysts debate a large short interest and a stronger company due to Pacific extension costs easing. Union Pacific and Pennsylvania moves, DOJ attention on UP, and broker sentiment mix as bears predominate amid expected dividend and price adjustments.
MENTIONED IN THIS ARTICLE
Washington Post
New_York
St. Paul
New York Produce Prices and Grain Market Summary
New York market reports mixed prices across dairy, eggs, flour, hay, hops, petroleum, sugar, coffee, and grains. Wheat and corn show steady to firm tones with export activity and sharp regional variations. receipts and futures quotes reflect tentative demand and modest price movement.
MENTIONED IN THIS ARTICLE
New York
Stata
Wortern
Orsta
Pennsylvania
Bogota
Ceatpa
Santos
Malta Coffes
Cordova
Jersey
Chicago Grain Market Shows Mixed May Wheat Decline
The Chicago grain market opened weak and closed easy amid foreign news and favorable Southwest crop prospects. May wheat fell to 9 8 4 percent, corn held firm then slipped, oats stayed weak, and provisions rose on demand and strong hog and cattle futures.
MENTIONED IN THIS ARTICLE
Chicago
Mar
Thatlosa
Argentina
Wheimh
Bradstreet
Minneapolis
Tuluth
Bull
Thors
Shorts
Loral Revelpia
Osta
May
Alsa
May Park
Live Stock Markets Report From New York and Chicago
Receipts show cattle and hogs large with markets steady to firm. New York listings note steers 6.25 to 50, cows 2.25 to 4.25, calves 2.75 to 6.50, sheep and lambs steady with lambs lower in spots. Chicago prices show hogs 4.56 to 4.60 for heavy types, steers 4.00 to 7.85, calves 8.60 to 7.85, sheep 4.50 to 6.00, yearlings 6.00 to 6.25, grains and butter steady with mixed freight unchanged.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwe
Leva
North Carolina
Walla
Westert Flirts
Lmriu
Jogius
Florida
Calbersia
New York
Mar
Liverpool
Loniinn
London
To & O
Chicago
Rizhor
Depositors to Be Paid In Full by Oriental Bank
Justice O Gorman in special term approves the Oriental Bank plan for immediate full payment of depositors. The ruling bars the receivers and restores control to the State banking department. Attorney General Jackson questions the plan. court notes consent of many depositors and orders swift payment actions.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Justice O'Gorman
Supreme Court
Oriental Bank
Jackson
Carnegis Trust Company
Henry Schneider
Bank
State Banking Department
Breailent Brayton Ives
Metropolitah ‘Trust Company
Cimexie Trust Company
English Debenture Holders Seek U S Representation
London March 6 Robert Fleming announces a representative will travel to the United States to join English debenture holders in the Chicago Great Western Railroad financing committee The aim is to examine the property to gauge mortgage scope and capital needs and to work with American stockholders on a reorganization plan.
MENTIONED IN THIS ARTICLE
Great Western
London
Robert Fleming
United States
Chicago Great Wester
New York Cotton Market Dips As Liverpool Cables Signal Easier
The New York cotton market opened steady then fell due to rumors of railroad receiverships and a softer spot market in the Southwest. Pressures from Liverpool spinners issuing short time circles and light receipts kept near months under pressure, with a late day rally fading to the day’s lows as Southern spots eased about 1 to 1.5 points.
MENTIONED IN THIS ARTICLE
New York
Thes
Jay
Selesmere
Liverpool
Manchester
Indians See President Roosevelt Visit Osage Delegation
President Roosevelt met with Ne-kah-wah-she-tun-kah, chief of the Osage of Oklahoma, and other Osage warriors. He asked how Indians formerly hunted buffalo with arrows and left the game to be skinned by others.
MENTIONED IN THIS ARTICLE
Roosevelt
Ne-kah-wah-she-tun-kah
Oklahoma
Mediation Begins Tuesday With Railway Labor Talks
Chairman Knapp of the Interstate Commerce Commission and Labor Commissioner Neill will act as mediators under the Erdman law between Southern Railway officials and employees. The private conference, likely at the ICC, will focus on wages and give all parties a full chance to present positions. The mediators will not arbitrate but seek amicable understanding and a successful resolution.
MENTIONED IN THIS ARTICLE
Knapp
Interstate Commerce Commission
Labor Neill
Erdman
Southern Railway
Interstate Commerce Commision
President Roosevelt Backs Child Labor Bill Push
In response to a protest letter, President Roosevelt expresses support for congressional enactment of a child labor bill for the District of Columbia and territories if states fail to act. The Indiana Manufacturers' Association is reportedly raising funds to oppose the Beveridge bill.
MENTIONED IN THIS ARTICLE
Beveridge
Roosevelt
Endiana Manufacturers’ Agyeociation
Congress
District of Columbia
Territories
Troops Leave Goldfield to Return to Presidio and Monterey
United States forces sent to Goldfield Nevada three months ago to quell mining riots will break camp today and return to their camps at the Presidio and Monterey California. No official word from the War Department on whether the state can maintain order.
MENTIONED IN THIS ARTICLE
United States
Goldfield
Nev
Presidio
Monterey
Cal
War Department
New Arbitration Treaties With Mexico Prepared
A treaty of arbitration between the United States and Mexico is prepared and to be signed soon by Roat for the United States and Senor Don Jose F. Godoy of Mexico. The accord mirrors the terms of the recently ratified French pact. Final drafts of postal treaties with Italy and France have been prepared and sent, with operation anticipated by next summer per Postmaster General Meyer.
MENTIONED IN THIS ARTICLE
United States
Mexico
Oratory
Meyer
Next Summe
You Are the Man Experienced Agent in Insurance Sales
An advertisement proclaims easier life insurance today than ever, offered by Equitable Life of New York. It touts financial strength and worldwide reputation, inviting capable men with or without experience to join as agents under George C. Kordan, Washington Manager at 210 Bond Building.
MENTIONED IN THIS ARTICLE
Equitable Life of
New York
Gessge C. Kordan
Washington
World visible cotton supply update shows declines from last year
New Orleans figures released today by Secretary Hester show the world’s visible cotton supply at 4,685,189 bales, down from 4,708,564 last week and 5,457,042 a year ago. American cotton totals 3,424,315 bales, while all other nations reach 1,280,876. Major stocks afloat or held abroad include 3,702,000 in Great Britain and Europe, 244,000 in Egypt, 893,000 in India, and 1,116,000 in the United States, with changes from prior periods noted.
MENTIONED IN THIS ARTICLE
New Orleans
Mar
Hester
Egypt
Brazil
India
Great Britain
Europe
Byyat
United States
Rock Island Loan Is Extended
New York March 6 It was announced that the Chicago Rock Island and Pacific Railway Company has arranged with Speyer Co for a one year extension of the 5000 secured gold notes maturing April 1 at per cent per annum. To reduce German bank rate Berlin March 6 A meeting of the Reichsbank central committee has been called for tomorrow to cut the bank rate by one half of one percent.
MENTIONED IN THIS ARTICLE
Newark
Dellett
Dellett Co
New York
Chicago
Fuladelphia
Ad Beathean
San Franciato
New Orleana
United States
Treasury
Detroit
York
Mar
St Paul
National Bank
Anant Ae Baba
Rushmond
Philippine Treasury
Washington
Dan
Cortoll
Wilmington
Rallenad
Joy Ani Sita Allie-Chalmars Ts
Nadhe Haltroad
American Steel
American Steel Foundry
Corado
Tugtrtal
Berlin
BS Ee
Adams
Coolorado
Boston
Cuba
Teudte Coalition
Denver
Ile
Clattiers’ Saeurldles
Cumberland
Maine
Japan
Mealen
Sexboard Air Company
Shy
Nashville
Seaboard Company
Fitchburg
Mexican Central
New Haven
Hartford
Syves
Mavlean Central Lat Inc
Standard OU
American Arge. Chemical. Ca
United Copper
Minneapolia
St Louis
Washington Railway le Pte Arge. Chemical Pii
Méanour Manase
Toxes
Kansac
Toxas
UBM Nutlonst Railroad
New Jersey Central
Wooten
Northern Fay Lfe
American
Wooten Ptt
Doninson Iron and ‘Steeley Im
Edison Electric Flam
Oregon
Cnet
Adsay
Genera Electric
Iby
Massachusetts
Htectr
Shereene
Massachusetts Electric
Magnachusetta Gas
Oul
Trim Mountain
U. S
Sea Way United Prutt
Louis
San Francisco
Fey al Seaboard Air Line
United Shoe Machine
Copper Ranger
Ease and Pacific
Poledy Lowa
Western 4A
Shannon
Utah
Maryland
Wheeling
Lake Erie
Wisconsin
Ontral
Rock Island
Chicago, Rock’ Island and Pacific Railway Company
Speyer & Co
Central Committee
The
Reichsbank
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HE Street