Prices Rally On New Plan To Dissolve Harriman Lines
General stock market moves were mixed with early declines turning into gains after Washington announced a new plan for dissolving Harriman properties. Union Pacific rose two points from its low, while New Haven fell sharply to 120 1 2, amid firmer money markets and loan calls. Several leading rails and steel names posted gains as bonds showed irregularity and total sales reached 1.4 million dollars.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Berlin
Washington
Harriman
Union Pacific
Southern Pacific
Reading, Steel and Amalgamated
New Haven
United States
Washington Stock Exchange reports and market updates
The United States Treasury quotes calls on Washington Railway and Electric, Plan Linotype, and Batdming Electric Cons. 5s with prices. copper futures listed in New York and London markets. copper exports for the month totaled 17,048 tons. Washington cattle market notes fall lamb and hog prices, with veal calves and sheep activity detailed.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric Common
Washington Gas
Mergenthaler Linotype
Washington Railway and Electric Preferred
Plan Linotype
New York
London
Cleveland
Washington
Wall Street Gossip Reports Mixed Foreign Market Tone
Foreign markets showed less initiative with Berlin weakness and Paris decline, though London absorbed losses well. New Haven earnings questions surface over dividend policy while New Jersey’s grade crossing bill prompts heavy outlays. Hallgarten & Co ships gold to Germany as Berlin money stringency rumors lessen.
MENTIONED IN THIS ARTICLE
New York
Berlin
Bank of Germany
Paris
London
New Haven
Wall Street
Boston
Maine
Charles
Mellen
Hallgarten & Co
Germany
Speyer & Co
Publicity urged for banks and great corporations in Holland article
New York story notes possible banking and currency committee support for stricter public disclosure of national banks and allied interests. It cites United States Steel Corporation as a leading example under J P Morgan, with publicity extending to underwriting contracts and compensation. The piece argues publicity should be broad but not reveal confidential trade secrets, and urges legislative action aligned with corporate transparency.
MENTIONED IN THIS ARTICLE
New York
New Banking and Currency Committee
Congress
Interstate Commerce Commission
House of Representatives
United States Steel Corporation
J.P. Morgan
Stanley
Steel Corporation
Stanley Investiealine Committee
Stanley Committee
Steel
Morgan
New ,Banking , and Currency Committee
House
Washington
American Bugatt_ Refining Company
Sugar Trust
Henry C. Havemeyer
Henry O. Havemeyer
Massachusetts
New Jersey
Committee On Banking and Currency
Holland
Local Stock Exchange Sees Modest Activity and Bond Offerings
At yesterday's session the local stock exchange saw limited trading with bid and ask figures noted. About 300 shares of Washington Railway and Electric common traded at 86, with stronger after hours interest, and 4s offered at 83 1/4. Consolidation Coal bonds offered by major houses aim to yield ~6 percent, secured by collateral exceeding 8.1 million. Federal National Bank boosts board to eighteen, naming new directors including Maj. Gen. George B. Davis and Dr. James Brown Scott.
MENTIONED IN THIS ARTICLE
Stock Exchange
Washington Railway and Electric Common
Washington Gas
Capital Traction
Mergenthaler
Washington Railway and Electric
Potomac Electric Consolidated
Washington
Chris Cox Dawson
Fifteenth Street
Federal National Increases
Federal National Bank
George B. Davis
U. A
James Brown Scott
Carnegie Endowment For International Peace
James Dudley Morgan
William John Eynon
Washington Board of Trade
Byron S. Adams
Walter A. Brown
John H. Clapp
Myer Cohen
J. 4G
Darlington
William John Eynen
Wilton J. Lambert
Ralph W. Lee
Arthur D. Marks
John L. Newbold
Frank B. Noyes
John Pogle
Clarence B. Rheem
N.J H. Shea
Leon Tobriner
Poole
Consolidation Coal Company
United States
J. H. Wheelwright
Northwestern Fuel Company
Metropolitan Coal Company
Kentucky
Elkhorn Field
Messrs. Krauthof
Harmon & Mathereen
New York City
Bank reaches peak deposits and joins national systems
The report shows deposits at the highest point yet, boosting total resources to about 1.6 million alongside capital stock and surplus. The Federal National Bank is named a United States depository by the Treasury and postal savings board, with Clearing House Association membership also granted. Gould resigns from Commercial Fire Insurance Company directorship. New York market notes follow with steady cheese, eggs, flour, and other commodity prices and futures.
MENTIONED IN THIS ARTICLE
Fed
Federal National Bank
Secretary of the Treasury
United States
Board of Trustees
Postal Savings System
Postal Savings
Clearing” House Association
Washington
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Allis-Chalmers
Amerian Agricultural
American Tel
Tel
American
Armour and Co
Baltimore and Ohio
Brooklyn Transit
Inter
National R
Norfolk and Wyeter
Northern Pacific
Northern Pacific Oregon
Penna
Cy. Sie
Penn
Southern Pacific Co
Southern Pacific R. R. Southern Railway
Southern Railway
Union Pacific Co
Copper Range Con. Co
Mast Butte Copper Mine
Giroux
Greene-Cananea Mohawk
Wipissing Mines
North Lake
Old Dominion
Centennial
Franklin
Granby Consolidated
Nevada Consolidated
North Butte
Shannon
Baltimore Securities
Baltimore
National Bank of Baltimore
Maryland
Houston
Seaboard
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Houston Ofdiv
N. O
United Rys
Elec
Elec, Inc
Balto
Evan Tee Guy
Bub
Wash
Anacostia and
Potomacs
G. S
U. S
Panam Canal
THE
United States Treasury
Washington Stock Exchange
Curb Market
Chicago Grain
Toledo
Chic
Nordh Lima
Sourilima
Indiana
Wooster
Loo
L. V. Coal Sales Co
Mason Valvo Manhattan Transit
Marconil
New
Marconi
Nipissing Mines
Escy Standard Oil
United Cigar Stores
Adams Express
Washington Railway and Electric Com
United States Ni
Fist
Ind
National
Georgetown
Philippine Treasury
Capital Traction Co. Sa
Anacostia and Potomac
Columbia 2d Mort
Columbia Railway
Alex
Mount Ver
Potomac Electric Con. Mort
Otomac Electric Power
Rastensenames
Norfolk and Wash
Riges Realty
Riggs Realty
Capital Traction Co
Steamboat
Ashineton Gas
Georgetown Gas
Tides, and Telegraph
Mergenthater Linotype
Anston Mono
National BI Bane
Farmers and Mechanics
Lincoln
Wee
IEEE
And
Savings Bank Savors Citizens Savings
Union Savings
East Wi
TRE Insurance Hocis
Artington
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Columbia
Col. Paylat
Pfdise
Chicago
Mar
Cnears Bey Gag
Aee
Newsvarer
Pennsylvania
Brown
National Railways of Mexico
NEW York Stock Market
Amer
Lehigh Valley
Louisville
Mackay Co
St. P
Amer. Car and Fay
Kansas
Tex
Am. C
Missouri Pacific
American Cotton Oil
National Biscuit
Amer Ice Securities
Am. S
Norfolk and Western
Seccess North American
American Tobacco
Pacific Mail
Anaconda Mining Co
Pacific Tel
Atchison
Pennsylvania A
Atchison P
People's Gas
Atlantic Coast Line
Sater Rey Ca
Laos
Pittsburgh Coal
Bethlehem Steel
Brooklyn R. T
Pullman Palace
Canadian Pacific
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Republic
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Mil
Rock Island
N. W
China
Rock Island Co. Ptd
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Den
Rio G
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Erie
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Peer Erie
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Cor
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Lawrence Barnum & Co
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F St. N. W
Washington, D. C
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Equitable’Trust Company of New York
Spencer Trask &Co
William Salomon&Co
Kissel, Kinnicutt & Co
Exchange Pl
Broad Street
15Th Street
Commercial National Bank
Commercial National Bank Cor
the Bank OF Nigrate
Asonal
Egy
E. Southard Parkhdh
W. Woodward
M. A. Winter
C. L. Bowman
W. R. Lewis
Frank’ P. Milburn
R. L. Montague
B. Southard Parker
Brainerd W. Parker
Joseph E. Ralph
A. E. Randle
S. W. Woodward
B. Denham
Victor J. Evans
Max Fischer
M. Jarvis
James Lansburgh
A.B. L. Leckte
William H. Lynn
Union Savings Bank
14Th Street
Riggs National Bank
Penn. Ave
U.S. Treasury
Charl Cc
Washington Loan & Trust Co. Cor
John Joy Edson
Lawreacee J. Dietz & Co
Woodward Huilding
Hooms
Consolidated Stok Exchange
C. F
Hutchinson
Washington & Southern Bank
G Street
J. Selwich Tast
A. G. Plant & CO
Washington Stock Exchange Bankers
St. W. W
Mutual Life Insurance Company of
Thomas P. Morgan
Southern Bidg
H Sth
Nuw
Columbis Heal Estate
Lovesturs
Real Estate Trust CO
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street N. W
Lewis Johnson & Co
Pennsylvania Ave
NEW York Stock Exchange
West
Franklin Fire Insurance Company
Wwe
Trotal
Alfred E Duncan Edgar P. Luce
Jurne Nol Milesion
CO OF the
Otal
Ily Sey
de Dinievet
E. G. Schafer
H. H. Bergmann
Mw. Jehlers
Stary Public
Eastern Light & Fuer, Company
Wstnte Trust
Lightfoot
Lanston Monotype Machine Company
J. Sellers Bancroft