Market Strength Persists As Stocks Hold Gains
The New York market opened higher Saturday with investors absorbing profits and continuing confidence in a broad economic upswing. Railroad traffic, steel and merchandise movement, and abundant bank clearings supported prices, while dividend plans on subsidiary rail stocks fueled buoyancy in Vanderbilt and Pennsylvania issues. Bond and currency markets showed steadiness as analysts expect large railroad earnings and ongoing liquidity to sustain gains.
MENTIONED IN THIS ARTICLE
New York
Vanderbilt
Pennsylvania
Ter
Gerly Strong
Acti
United States
Sterling Exchange
Washington Stock Exchange closes with varied quotes and bonds
The Washington Stock Exchange reported numerous bids and trades across railroads utilities and banks. Highlights include Washington Railway and Electric preferred and common prices, Metropolitan Railroad bonds and notes, Potomac Electrics issues, and district bonds with mixed activity and broad price ranges.
Baltimore Markets Grain and Dairy Prices Report
Ballingre March 13 reports wholesale prices for flour wheat corn rye and butter eggs and cheese. Prices shown include winter and spring flour ranges and No 2 red wheat futures, mixed grain receipts and domestic dairy quotes with mild volatility.
MENTIONED IN THIS ARTICLE
Western
Liverpool
Cork
Cotton Letter Indicates Light Activity With Bullish Hopes
New York March 18 Liverpool closed unchanged on old crop and June futures, while spot sales rose about 10 000 bales. May and July buying signals from major houses point to a potential bull campaign after Sully’s bankruptcy reveal. Prices finish the day seven points higher than yesterday as traders eye a possible upward lift, with New Orleans holders active and a prospective move to push old and new crop apart.
MENTIONED IN THIS ARTICLE
New York
R&e
Duluth
Manitoba
Chicago
Ogrn—Recelpta
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Wall Street
Priesa
Tho Jato
Liverpool
Sully
Whd
New Orléans
Local stock market heat in Washington Railway and Electric gains
Local financial gossip notes Washington Railway and Electric Company stocks dominating about 250000 in deals with a new high for the day. Bonds like Metropolitan Ratirona and Electric Company's bonds advanced, while common stock moved from 94 1 2 to 95. Merchantry in Lanston waned and Graphophone activity rose then fell. Mearns elected to Georgetown Gas Light board. Rixey named Traders Bank vice president.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
District of Columbia
Palippine Land Purchase
Canpiter Traction M Railroad
Metropolitan Railroad
Columbia Railroad
United States
United States Electric Light
Chesapeake and Potomac Telephone
Washington Market Company First
Potomac Electric Light First
National Rate Deposit and Trust
Washington Loan and Trust
American Security
Columbia
Washington
Chesapeake and Potomac
Washington Gas
Georgetown Gas
Mergenthaler Linotype
Lanston Monotype
Greene Consolidated Copper
Washington Market
Norfolk and
Local Stock Exchange
Washington Railway and Electric Company
Electric Company
Commercial Bank
Second National Bank
William A. Mearns
Lewis Johnson & Co
Georgetown Gas Light Company
John Marbury
Mr. Mearns
C. Jones Rixey
Culpeper
Traders’ Bank
William A. Gordon
Wheat Market Feverish Fluctuations Alarm Brokers
Chicago March 1 Special to The Washington Post May wheat opened steady then fell 26 8 cents in ten minutes, partial recoveries followed as traders covered shorts. A 471,000 bushel drop in visible supplies and weak cash demand pressured prices before a late rebound. Market chatter centered on possible Oregon red wheat deliverability ruling by the Illinois railroad and warehouse commission. May futures swung from 1.111 2 to 1.09 and back to about 1.103 4.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Chicago
Northwest
Illinois Warehouse Commission
Oregon
Wall Street
Minneapolis
Duluth
Agaimet
Muny
May
Sita
Washington Post
Ilinois
Pennsylvania Railroad Seeks 100 Million Bond Issue
Stockholders meet to ratify a plan to raise 100 million dollars via 3 1/2 percent bonds at par, convertible into common stock at 15 percent. Proceeds fund refunding maturing obligations and widening plans including Manhattan tunnel extensions. current bonds totaling 20 million at 3 1/2 percent could convert to stock, affecting interest costs and leverage.
MENTIONED IN THIS ARTICLE
Pennsylvania
3Yee
Washington Post
New York
Pennsylvania Railroad
Manhattan
Philadelphia Baltimore and Washington Railroad Net Income Declines
The Philadelphia Baltimore and Washington Railroad held its annual stockholders meeting in Philadelphia. The report shows gross earnings of 13,603,862 a decrease of 46,344 with operating expenses 9,989,971 up 170,882. Net earnings from operations 3,113,801 down 217,227 and net income 2,120,079 down 640,641. Directors and officers were re elected.
MENTIONED IN THIS ARTICLE
Philadelphia, Baltimore and Washington Railroad
Philadelphia
Pennsylvania Railroad
New York Produce Prices Report March 13
New York market prices for butter cheese eggs poultry flour and other staples shown with varying receipts and qualities. Creamery creamery cheese eggs and pork prices listed alongside by state and western markets with steady to weak trends.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Minnesota
Live Stock Markets across New York and Philadelphia
Market reports show cattle and calves steady to lower with mixed receipts in New York and Philadelphia. Cattle 31,000 head in Philadelphia with steers 5.25 to 6.25, hogs 4.50 to 6.18, sheep and lambs active with lambs up to 9.50, and other classes steady to lower amid varied consignments. A brief health ad promotes Dr Agnew's Catarrhal Powder for catarrh and cold relief, sold by P. G. Affleck at 1499 Pa. Avenue.
MENTIONED IN THIS ARTICLE
New York
Maren
American
American Express
Iter i Lz
Ss Say Ag
American Sugar Refining
St Am
Tobacco
Anaconda Mining Co
SOU
Atchison
Attigon
TUS Te Wok
Wetlantic
Aluimore
Booklyn Rapid
Central of New Jersey
Chesapeake
Chicago and Alton
Chicago Great Western
Chicago
Northwestern
Paul
Cc. Ac
St Louta
South
Colo
Delaware and Hudson
Erie
International Paper
Juma
Dewa Central
Kansas
Pia Tlamesine
Nashville
Ste
Manhattan
Ag Isis
Miss Rt Pacific
Texas
Saints
Oh Kana. Co
Tex
RR of
Mexico
Uh Pacific Mall
Pennsylvenia
People’s Gas
Pitts
Go Co
St. L
Feng Sang
Republic Steel
Ohio
Pennsylvania
Feago
God
Agnew
P. G. Affleck
Avenue
Also Mentioned on This Page
NEW York Stock Market
American Tobacco
Tay Amarican Tobacco
Atchison General
Atchison Adjustment
Allmantle Coast Line
Baltimore and Ohio
Central of Georgia
Chesapeake and Ohio
Alfon Ds
Burlington and Quincy
R. I
Pacifie R. R. Roy
Pacte R
St. Louis
Chicago Terminal
Colorado Midland
Colorado and Southern da
Cuba
Denver and Rio Grande
Wl, Distillers’ Securities
Erie Prior
AOL
Erie General Ds
Fort Worth
Denver City
Hocking Valley
Japan
Louisville
Nashville United
Consol
Mexican Central
Amy Ming
Missouri, Kansas and Texas
Missouri, Kansas and
National Railroad
New York Central General
New Jersey
Central General
Northern Pacific
Norfolk and Western Oc
Reading General
Iron Mountain
San
Low
Rock Island Co
BOM
Aeeres
San F
St Louis Southwestern
St. L. Southwestern
Southern Pacific
Southern Railway
Tennessee Coal and Iron
Texas and Pacific
Weat
Ora
Union ‘Pacific Oe
Union Pacific
United
Az Wabash Va
Wells-Fargo Westinghouse Electric
Western Union
Wheeling and
Lake Erie
Wisconsin Central
BS Bay
Wisconsin Central Pf
Washington Railway and Electric
Potomac Electrics
Capital Traction
Washington Railway and Electric, Preferred
Std
Commercial National Bank
Lanston
Greene Copper
American Security and Trest
Washington Railway and Electric, Common
NEW York Grain
Baltimore
Miller & Co
New Orleans
EF Street
Galveston
Mobile
Savannah
Charleston
Boston
Port Townsend
Houston
Augusta
Cincinnati
Great Britain
Tim
Continent
Block
France
Great
Mergenthaler
Stock, Grain and Provision Co
Wall’ Street
Loring Wire
Loring
Havenner & Kennedy
WB. Hibbs & Co
Mer
St. NW
Washington RY
Washington RY. Com
Union Trust CO
Mergenthaler, Lanston, &c
Athares
Equitable Gg-Operative Building Association
Equitable Building
F St
Joe Joy Edson
SPH
Frank Preeside
Francis H. Smith
V. Pres
Treas
Quincy Smith
Lee D. Latimer
Tinane
Vance
The
F. H. Smith Co
N. Y. Ave
Bond Building
Moore & Hill
Traders National Bank
Geo. C. Henning
N. W
U. S
Nid, Miller
Miller Miller & Company
Broadway
NEW York Stock Exchang
NEW York Coffee Exchange
NEW York Produce Exchange
NEW York Cotton Exchange
NEW Orleans Cotton Exchange
John V. Barross
Ernation Banking
Dbaighby Breese
New York City
F ST. N.W
Washington, D.C
Virginia Ave
Boardwalk
Atlantic City
N. J
Lewis Johnson G Co
Bankers
Moore G Schley
Swartzell, Rheem & Hensey Co
Warner Building
Aaroney
Sar
Commercial National Bank Cor
Sts. N.W
Griffin Halstead & Co
F Street N. W
New York Consolidated Stock Exchange
Ralph W. Lee
Washington, D. C
B. P. Snyder & CO
F St. N. W
M. J. Sage & Co
National Safe Deposit
Renta
Acta
Arthur Wall
Perenne
Lynn, Wall & Co
Adams Bunding
R. Lappin
St. H. W
Stoges
Cotyon
Dies’ Department
Chesley & Spence
Colorado
Wade & Hedde
Broadway, N.Y
Mooney
Hdiskell & McLeran
YST
Washington Loan and Trust Building
Sth
F Sts
Long Island
Jersey
London
Imke
Spestar
Glasgow
Middlesboro
Larally
Northern
Foundry Northern
Foundry Southern
Foundry Southern Soft
Cibble
Exchange
U. S. Depository
Rigg National Bank
Pa Ave
U. S. Treasury
Alvin M. Lathrop
V. Brea
E. Quincy Smith
John DB. Elenan, Jr
D. Fulton Harris
Jackson H. Ralaton
I. G. Kimbal
Union Savings Bank
BOND
American Audit Company Home Office
Public
F. W. Lafrentz
G. ©. Manwaring
DB Colorado
Mein
Th.s
John W. Frank
Ha Melrane
Alition Street
EL “wWhone
I& Trust Co
Washington Loar
Corner 9
John Joy
John A. Snork Ellis Spear
Andrew Parker
Harry G. Meem
Boyd Taylor Thomas Bradl
Co. Martin Brand
F N. W
Joan
Warder Aldg
Natha
Logan
Metropolitan Loan and Trust Co
E Street N. W
American Loan CO
44Th St. N.W
American Loan Company
14Th St
Ragan
Tan
Apple
Vous
Si. N. W
Tsi
F St.n.w. Cor
Nuersions
National Loan and Investment Co
Toch
G St
Agro
Bioney
Live Mutual Loan and Trust Co
Ecord
Morey Righey
Nothiys
Potomag
Atlantic
Loas
Zoana
Front Room
First Fear
National Mortgage Loan Company
F ST. NW
BRH