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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Mar 13, 1913

Page

2

Early Gains Lost as Loans Hit Six Percent in New York

New York stock market opens with gains but fails to sustain momentum. London raises American stock quotations and foreign buying appears strong. Short-covering supports prices briefly while higher interest rates and gold shipment expectations weigh on sentiment. German banks bid nine percent for end of month accommodations. foreign exchange slumps with sterling off sharply. Eager demand fades, large earnings declines noted in several issues. Total par value sales reported at $2,100.00 with Panama bonds advancing slightly.

New York Mar London Manly Hoertin Germmar Otn As Germany Donaind Sterling Goodrich Panama Pbills Europe United States Tima Prime Mercantile Sterling Exchange Dille

Washington Stock Exchange and Market News Summary

Washington Stock Exchange notes Regular call at noon with Washington Railway and Electric bonds and common shares trading, plus Capital Traction and Washington Gas positions. Gas bonds and a New York market roundup follow, including wheat, corn, oats, barley futures and livestock prices, with regional price movements and export activity.

Wall Street Gossips on Bond Prices and Industrial News

Money demands keep prices low as institutions sell bonds in New York trading. New low quotes appear for Burlington joints and collateral trusts, Atchison Short Line 4s fall below 90, Western Maryland 43 weak, and Detroit United 4 1 2s and Bash second 5s hit new lows. Missouri, Kansas and Texas to issue 19 million dollars in two year 5 percent notes to refinance maturing debt. American Sugar Refining reports 42 60 percent decline in operating profits for 1912 after prior high earning, while London and Continental markets buy shares on NYSE aided by arbitrage and direct cable purchases.

New York Mar Allis-Chalmers Inamerin Agricultural Ds. Brook Ansit Georgia Chesapeake and Ohio Chicago Asten Nee Gen. Yew Mil Bae Pac. Ry Colorado and Sou Delaware and Hudson Cy Denver and Rio Grande Distillers Erie Ilinois Central Interborough-Met IVA Inter Merc. Marine Japan Kansas City St. Lous San Fran Louis Southwestern Air Line Southern Pacife Southern Pacific Co Southern Pacific R. R Ae Southern Railway Southern Railway Union Pacific Pais Ubber Chemicai Wabash Ba Western Ma Westinghouse Electric Co San Wisconsin Central Burlington Maryland Atchison Short Line West Shore Detroit United Baltimore and Ohio American Sugar Refining Company Missouri Pacific Car and Foundry Aim OOIN M. 2d New York Central Norfolk and Western Am Tobacco Pacific Mai Anaconda Minin. Co Pacific Tel Atchison Pennsylvania N Gas Atchison Pfd Atlantic Coast Line Baltimore and Ohio Ldot Pittsburgh Coal Bethlehem Steel Pittsburgh Brooklyn R. T Pullman Palace Canadian Pacific Republic Chicago G. W jRepublic IL S. Ptal Rock Island Ca Rock Island Co China S. F Seaboard Air Consolidated Gas Seaboard U. L Delaware and Hudson Southern Pacific R. G R. G. Pt Southern United States Rubber Great Northern Pfd United States Steel Great North U. S. Steel Pfa Meeney Illinois Central Utah Copper Care Chemical Interborough-Met. Pfd Eee Care. Chem. Pfd Pfa Inter Harvester Inter. Marine of International Paper Western Maryland International Pump Western Union Kansas City South Westinghouse Lacle de Gasparna di Lake Hiie

Holland Says Cotton Is Keystone Of Nation Prosperity

New York report argues cotton from the South underpins U S prosperity and European credit, with the South's harvests fueling vast trade balances. It notes cotton’s central role in maintaining food and industrial exports, illustrating the arch of national wealth built on Southern cotton.

Holland Europe Great Britain Baltimore South United States West Virginia Ltis

Local stock prices and large insurance reshuffles noted

Trading on the local Stock Exchange showed small changes with Washington Railway and Electric up a point and one share sold at 1 1 2. Preferred barely steady. Capital Traction demand up. Washington Gas firm. Mergenthaler and Federal National Bank small lots traded. Four Commercial Fire Insurance directors resigned amid a probe into large counsel fees. judge Ashley Gould signaled possible resignation. Panama Canal law requires railroads to disclose water transportation ties by April 15. Cotton remains central to U S prosperity with vast export values and anticipated growth in manufactured cotton goods for world markets.

Georgetown Gas Ind Washington Gas RAIL Ital Traction Co Columbia Mort Columbia Railway Gs Metropolitan Ss Wi . Alex Mount Ver Potomac Electric Con. Mort Potomac Electric Power Ist Nea Ches Potomac Col. Paper Mfg Norfolk and Wash Capital Traction Railway and Electric Com Railwand Electric Pfd Norfolk and Bett Eastern Light and Fuel Co American Mergenthaler Linotype Anston Monotype Greene-Cananea National Bank Chicago Washington Mae American Security and Trust Q. Durum National Savings and Trust Ion Loan and Trust United Sates Trust Co Citizens Savings Union Baviness Corn— Roy East Pence Arlington BOK National Union KOR Apin Sacks Co Col. Pi Philadelphia Local Stock Exchange Washington Railway and Electric Common Mergenthaler Federal National Bank Chesapeake and Potomac Telephone Washington Railway and Electric Commercial Fire Insurance Company John. W. Childress W. F. Roberts Allen C. Clark Martin Wiesand Ashley M. Gould Charles A. Douglas Charles A. Carusi First National Fire Insurance Company Mr. Carusi United States Lancashire France England South South America Panama Canal

New York Cotton Prices Slip Slightly After Early Gain

The New York cotton market faded from yesterday's advance with steady close and a net decline of 5 to 9 points. Futures show mixed shifts across the curve from January to December with varied highs and lows reflecting a cautious trading day.

New York

Also Mentioned on This Page

THE United States Treasury Curb Market Ernal Renue Miocellaneana Treasury National Philippine Treasury I Aggregat Secu National Bank Adams Express Tet Eness American Steel Foundry Angio-Amer Braden Be Brit.-Amer Chicago Subway Giroux Greene-Cananea Oh Hollinger Intercon Rubber Kerr Lake la Rose Oe L. V. Coal Sales Mason Val Manhattan Transit Marconi Nipissing Mines Yukon Gold United Cigar Store United Cigar Stores Boston Centennial Fon East Butte Jeesey Franklin Giroux Consolidated Granby Consolidated Greene-Cananean Mohawk Nevada Consolidated Fic North Butte North Lake Old Dominion Bram Weeees Shannon Utah Consolidated Utah Copper Co Bay Washington Stock Exchange Washington Railway and Electric Preferred Oro Baltimore Securities Chicago Grain NEW York Grain Duluth Washington Cattle Market OU City Toledo Onto North Elma South Lima Indiana Wooster National Bank of Baltimore Colonial Trust Con Houston Oil Seaboard Co Seaboard Go United Hys M. O M. and C. Berens United Rys Elec West Penna. Tr Wash Balto Metro Anacostia and Potomac &S Mar.il Reg. Rieghicot Wall Street Missouri, Kansas Texas NEW York Stock Market Balkan States Local Financial James A. Garfield Wisconsin Kansas Middle West Muscovado Rio No Santos Cordova Malz Net Gross. Seles. Stovk Galveston Orleans Ufet Mablie— Steady Savannah Bready Rigaee Charleston Wilmington Norfolk Heston Wreen Texas City Brunswick Jacksonville Pensacola Aransas Pass San Francisco Seattle Houston Augusta St. Louis Cincinnati Little Rock Continent Consolidated Norta Net Alt Porta Frante Mexico W. B. Hibbs New Torn Stock Exchange Weahbington Stock Exchange Chicago Board of Trade Hibbs Co-Operative F Street Treasury Department National Metropolitan Bank Fifteenth Street U. S. Treasury Oldest National Bank District of Columbia National Savings and Trust Company 15Th N. Y. Ave Connecticut Fire Insurance Fartford Cenn TD Uber Wistriet al W. T. Howe J. T. Thacher Thomas J. Fisher & Co., Inc 5Th St. N Springfield Fire and Marine Insurance Company Springfield Mass Capital Stoc Diabiluries Mutich Reinsurance Company Lonsen H. Damon W. J. MacKay Seal Percy Gates Thomas J. Fisher & CO Ine Real Estate, Loans & Insurance Agent 15Th St. N. W Prussian National Insurance Company SletLin U.S Valentine George L, Minster N Thomas J Fisher & Real Estate, Loans & Inxur U. S&s British America Toronto Dominion of Canad Metkle W. H. Banks Secr H. D. Gamble Unis Ite Ontario Iness of Ah & LP Moby Eastern Light & Fuel Company J. Lightfoot, Jr Swartzell, Rheem & Hensey Co N. W Lewis Johnson & Co Pennsylvania Ave NEW York Stock Exchange Washington & Southern Bank G Street J. Selwin Tait Lawrence J. Dietz & Co Woodward Buillding Consolidated Stock Exchange F. Hutchinson A. G. Plant & GO Washington Stock St. H.W Shas x EL P Lda. Secur Lacka Coal & Lumber M. D. A. Grant Truat Didg Chiladelphia Real Estate Trust CO F.R. Dorr Royal Insurance Company Limited Liverpool Ifte Imidingoreserse Unier Rapial Aml Ahilyes Life Lpsurafice Department Maras John J. Clare Maré Kings County York County King L. Kemp Duval ROYAL Indemnity Company I Capital Funda Yy Reinsurante Mepestin Bureau Liab Tees Jaime Pomme F. Prizzell W Mackintosh Sealy Richard F. Gibson J. Notary Public N.Y New York County N. Y H. J. Hunt JAS. C. Adkins Casualty Hanover Fire Insurance Company New York. Y Law Tota R. Emory Warfield Jos. McCory Seal Charles Cogan General Agents JAS. C. Adkins JH. P. Bowenstein Co
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