Market advances lift leading stocks amid renewed buying
Reading Union Pacific and Amalga Copper lead a broad uptick as powerful interests push prices to new highs. Traders interpret gains as a temporary rise with liquidation fears possibly behind volatility yet remain optimistic about continued strength amid persistent demand in key issues.
MENTIONED IN THIS ARTICLE
Reading
Union Pacific, Steel
Amalgamated Copper
Financial markets calm as bonds and stocks trade low
President Home of the Stock Exchange was praised for a careful address at the American Institute of Banking. Capital Traction and Washington Railway and Electric stock showed little selling interest with bids failing to find offers. Copper stocks moved with New York trends, while Bank and Trust shares remained dull yet steady. Maj Meline, longtime Treasury official, returned to his desk after illness.
MENTIONED IN THIS ARTICLE
President Home
Stock Exchange
American Institute of
Columbia 6N
Mmita
Washington Railway and Electric Common
Greene Cananea
New York
Igat
Bank and Trust Company
American National
Ust
Maj Meline
United States
Treasury Department
Washington Stock Exchange Closing Quotations Summary
Closing quotations from the Washington Stock Exchange list capital traction metropolitan railroad and Washington Railway and Electric among railroads, utilities, banks, and miscellaneous stocks. Notable entries include American National Bank, Chesapeake and Potomac Telephone, Norfolk and Washington Steamboat, and Washington Gas. Read as a dense historical financial snapshot with numerous percent changes and price points.
MENTIONED IN THIS ARTICLE
Capital Traction
Metropolitan Railroad
Caplay
Ma & Washington Railway and Electric Preferred
Greene Canai
American National Bank
cal—Washington Railway and Electric Preferred
Greane Cannes
St Wa
Columbia Railroad
Mort
Stetrapolitan Railroad
Washington Railway
Potomar Electric
Norfolk and Washington
Chesapeake and Potomar Telephone
Washington Market
Pleasis Stility
Mass
Washington
Lectric
Washington Ralney and
Plectric
Norfolk
Washington Gas
Hell Telephone
Wachine
Morgenthelear
OX National Rank
Stolka Americ
Carita
Salem City
Alumbie Mhid Mrapresal
Hanter
Toaneeny
Metopalitan
Riza
Pond
Caier ‘Trust
Wahington
Iates Trust
Savines
Lion Savings
Or Man
Iantia
Denman
Naional Vaton
Leopley
Foomar
Insuranco
Lalunhia
Washington Tile
Inapheahina Peeferres
Unity Rioray
New York Bond Market and Commodity Prices Report
Heavy market weakness noted with mixed receipts and dairy prices. bonds and stocks show varied moves as New York and regional markets close for March 13. Cattle, hogs, and poultry prices quoted with dairy and grain futures reflecting modest shifts. London market notes firm copper and sugar trends alongside American bond and stock activity.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Snithwest
Vixinia
North Carolina
Woos Ft
Ar Dow
Lessy Creamery
Wester
New York
Bragstrest'a Bank Clearings Amerien Todaro
Pfigesk Mta
Gos
American Watacco
Ogilaw
Tate Pulltry Hom
Ught
Arhway
Turkey
Trent
Ghickens
Romsertple
Mobius Enverture Br Atlantic
Per Paun
Raita
Ohio
Balimore
Chin
Brooklyn Rapid Transit
Eaieage Ee
Chichenk
Georgia
Ead
Glawntea
Gaermta
Goneral
Steen
Sud
Alton
Seltfig
Deevead
Chicago
Tad Pacifa Railroad
ASGIO
Ro and Pacific Railroad
Col Ga Ab
Mogens
Richmond
Washington
Nortall
FOE
Japan
Wilmington
ALE Castel
Erswercel
Abie
Epiasek
Per
Tagutstus
Nashvilla
Galveston
Mosken
Calicarnia
Minrapolis
St Louis
M ‘Box
Missouri Kansas and Texan
Missouri
Kansas and Texas
Ida Railways
Road of Mexico
Consol A
Boston
New York Central General
Boston and
Albany
New Jermay Central General
Maine
Northern Pacific
Boatan Tleenta
Northern Pacific An Filhoure
Norfolk and Western
Consol
Meatean Central
Gregan
Sew Hayes
Hartford
Pennsylvania
American Arge Chemical
Iran Mountain
Americux
Pusemode Tube
Francisco Tube
American Sugar
St Louis Southwestern
Southern Pacific
American Woolen Io
Southern Pacific Tel
Southern Railway
Dominion Iron
Aeons
Hilson Wleetric
Luis
Western Dew
General Electric
Znion Pacific
Massachusetts Electric
Union Pacific
London
United Gates
Massachusetts
United Fruit
Wmpath
Maryland
London Mar
Dake
Shagnon Jae
Lonfon
Cleveland
Lonfin
Aouthern
New York Produce Prices Mixed Across Staples and Grains
New York reports mixed receipts and quotes across butter eggs flour and coffee with firmer wheat and corn markets. Prices show firm and steady tones in several categories including oats fats and oils while livestock and dairy notes reflect subdued demand and steady to soft readings.
MENTIONED IN THIS ARTICLE
New York
Wester
Fennsylvania
Telr
Cordova
Daily Cotton Market War and Decline Signals
The cotton market shows a further decline with trading more active and prices barely steady. Bear pressure on Wall Street, liquidation, and lower cables push May and July futures down. smoothed by short covering rallies, while South weather and weak spot demand temper gains.
MENTIONED IN THIS ARTICLE
Wall Street
Leva
Hamarkat
Caroline
Iona
Crune Gill
Montha
Baltimore Markets Steady to Higher Across Commodities
Market report shows copper and oates mixed with steady to higher cattle hogs and sheep. Cattle receipts near 76,000. steers and heifers strong, hogs firm to higher. grain and cotton supplies cited with global demand and prices indicating continued activity through March.
MENTIONED IN THIS ARTICLE
Sonny
Liverport
London
Rables
Morrow
Etrony
Fim
Wall Street Rumor and Trading Activity Shift Markets
New York March 12 reports say a rumor of a Roosevelt message or statement stirred traders while Amalgamated Copper American Smelting and Refining and United States Steel led gains. Despite bear talk, broad buying returned with large financiers supporting prices as speculation on Washington policy waned.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Wall Street
Roosevelt
Gress
Boston
Amalgamated Copper
American
United States Steel
Union Pacific
Reading
Washington
Morse Not Yet Bankrupt Hope Keeps Morse in Fight
New York reported Morse gains a temporary advantage in avoiding bankruptcy as creditors accuse him of insufficient secured claims. Charles A Hanna as receiver and two former bank workers petitioned Judge Holt to declare Morse bankrupt, while Morse's counsel argues some petitioners lack creditor status and claims are inequitable. Court refuses a receiver while determining petitioners status, with Morse aiming to delay and win creditor support for his rehabilitation plan.
MENTIONED IN THIS ARTICLE
New York
Charles W Morse
Charles A Hanna
National Bank of North America
Holt
United States
Ice
Moree
T. G. Pringle
E. B
Morse
Southern passes dividend decision at annual meeting
New York March 1 directors of the Southern Railway Company took no action to declare a dividend at their meeting, offering no official explanation. The action follows a prior October reduction from twelve to six percent semiannual disbursements and comes amid concerns over rate legislation and strained capacity affecting earnings.
MENTIONED IN THIS ARTICLE
New York
Southern Railway Company
Tofay
Vieferve
Taorths
Southern Hallway
CURB MARKET BUYS 100,000 OUNCES OF SILVER
The Treasury Department yesterday purchased 1000 ounces of silver for delivery at Denver at 66 27 and a fraction cents per ounce. Railway Engineers invite President J J Hanahan, grand master, to attend next annual convention in Columbus Ohio in September. the President says he cannot attend.
MENTIONED IN THIS ARTICLE
Treasury Department Yesprday
Denver
J. J Hanahan
The
Brotherhood of Locomotive Engineers
Columbus
Ohio
Eight-story apartment planned near Dupont Circle
Thames H Plkford plans an eight story apartment on the southwest corner of Twentieth and I streets opposite the old Blame mansion now owned by George Westinghouse. The $125000 building will have forty eight to six to seven room flats with a main entrance on Twentieth Street.
MENTIONED IN THIS ARTICLE
Dupont Circle
Thames H Plkford
Ho Beers
Twentieth and i
Blame
George, Westinghouse
Twentieth Street
Pickford
Slurace
Cummings
Joan L Warren
Charles Early
Fuller
M Street
Stone
Fairfax
Charles O Rice
SX Thireenth
Whch
Punloser
Washington
Tvestments
Tromag J Fisher& Co
Sam A Fox
Third and
C Streets
David F Scheele
Margaret Weld
Banks Win Right to Vote Stock Held in Lake Superior Co
In Trenton on March 18 Chancellor Garrison denied the Canadian Improvement Company’s bid for an injunction to block J y Tatnall Lea and other Philadelphia bankers and Kuhn Loeb Co of New York from voting Lake Superior Corporation stock pledged to secure loans. The Lake Superior Company owns a Canadian railroad and Ontario plants with assets about 22 million. The Canadian Improvement Company previously obtained a one year extension on notes, while the banks claimed voting rights on the stock.
MENTIONED IN THIS ARTICLE
Snt
Trenton
Garrison
Canadian Improvement Company
J Y Tatnall Lea
Philadelphia
Kuhn
Lak Superior Corporation
Lake Superior
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