Money market tightens as loans rise amid Treasury payments
Financial news from New York describes higher money rates due to Treasury inflows including 15 million in public funds and 4 975 million for Philippine bonds. Banks expect rates to stay firm into April while interior remittances ease. Stocks show mixed strength with Atlantic Coast Line and several big rails leading gains amid cautious market tone. The February foreign trade report shows a smaller surplus, with imports rising and the trade balance narrowing to four billion eight hundred seventy thousand dollars. European bond negotiations remain unclear as Russia’s finance moves draw attention.
MENTIONED IN THIS ARTICLE
Washington Pit
New York
Maoroh
Clearing House Association
Lere
Marek
Sauliers Talivads
Chicago
Alton
St Paul
Ontario
New York Central
New York, New Haven and Hart Railroad Company
American Car
Wall Street
Paris
St. Petersburg
Russa
Russia
Turedar Rental Reison
Local Financial Gossip Shows Weaknesses in Trading
A stock market snapshot notes weak tendencies among favorites with subdued broker activity. Capital Traction rises to 146 while Washington Railway sags. several issues show mixed demand and large blocks offered without price breakthroughs.
MENTIONED IN THIS ARTICLE
Metropolitan Citizens' Bank
Washington Market Eggs Drop on Liberal Receipts
Market notes a further egg price decline on the Egg and Buller Exchange due to ample receipts. Prices opened at 17 and fell to 16 by noon. storage eggs unavailable, and duck eggs cannot be purchased. Butter steady with rising receipts. live poultry and dressed poultry show varied demand and pricing across multiple grades and weights.
MENTIONED IN THIS ARTICLE
Egg and Buller Exchange
New York
American Tobacco
Atchison General
Atlantic Coast Line
Dattimore
Ohio
Baltimore
Central of Georgia
Entral of Georgia 1St Inc
Central of Georgia 24 Inc
Chesapeake and Ohio
Chicago
Alton
Ieeage
Buriingtom
Quincy
New
Denver
Rio Grande
Ogee
Port Worth
Denver City
Hocking Valley
Japan
Louisville
Nashville
Kansas
Texas
National Harbord of Mexico
Consol
New York Central General
New Jersey Central General
Northern Pacfic Ds
Northern Pacific
Norfolk and Western Consol
Oregon Short Line
Pennsylvania
Reading General
Virginia
West Virginia
Tennessee
North Carolla
Wecmity
St Lowig
Iron Mountain
St. Louis
San Francisco
St. Louis Southwestern Con
BOY Seaboard Air Line
Ces
Southern Pacife
Sane
Southern Railway
Texas and Pacifle
Toledo, St Sous
Western
Sbty Union ‘Pacife
Union Pacife
United States Steel
Wabash Debenture
Maryland
Wheeling and Lake Erie
Wisconsin Central
Stock market quotes from Washington banks and railroads
Closing quotations on yesterday's stock exchange show bids for Capital Traction Railroad 45 to 1903 20 and Washington Railway and Electric preferred 93 percent. Bonds include District of Columbia 1924 118K and Metropolitan Railroad 1925 55. Various banks insurers and utilities listed with prices and percentages. Safe deposit trusts and multiple rail and gas stocks appear with mixed values.
MENTIONED IN THIS ARTICLE
Capital Traction
Washington Railway
Washington Gag
Mergenthater
Lanston
Greene Copper
Chesapeake and Potomac Telephone
American Security and Trust
Union Trust
National Safe Deposit
Washington Logns and Trust Aul Bank of Washington
Riggs Bank
Traders Bank
Washington Railway and Ejectric
Commercial National Bank
National Union Insurance Company
Mergenthaler Linotype
Lanstom
Rall
Washington Railway and Electric
Metropolitan Railroad
Columbia Railroad
City and Suburban Railroad
Angcostia and Potomac
Washington Gas Company
United States Electric Light
Chesapeake and Powmac
Washington Market Company
Potomac Electric Light
Safe Deposit and Trust
National Safe Deposit and Trust
Washington Loan and Trust
Washington Safe Deposit
Union Trust Company
Washington Savings Bank
Home Savings Bank
Washington
National Bank
Bank of Washington
Metropolitan-Chizeng
Central
Farmers and Mechanics
Ses
Columbia
Capital
American
Lincoln
Riggs
Firemen’s
Franklin
Metropolitan
Corcoran
Potomac
Arington
German-American
National Union
Risge
People’s
Commercial
Colonial
Columbia Title
Chesapeake and Potomac
Washington Gas
Georgetown Gas
Wis
Langston Monotype
Greene
Washington Market
Norfolk and
Washington Steamboat
Health Appraisal Agency Company
New York Money Market Report March 15
Money on call strong with bids at 3 percent and offers at 3 percent. Time loans easy at 2 percent for sixty and ninety days, six months at 4 1/2 percent. Prime mercantile paper 3 to 4 percent. Sterling exchange easy with bankers' bills at about 4.8675 for sight and sixty day bills near 4.8475. Commercial bills 4.8444. Bar silver 68 1/2 percent. Mexican dollars 45. Government and railroad bonds steady.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Bankers
New York Markets Tally Steady Prices Across Commodities
New York markets report receipts and prices across butter cheese eggs flour hogs lard and oils with multiple items steady or unchanged. Copper tin and other metals show small shifts while Interborough Rapid Transit declares a 4 percent dividend. markets on the thirteenth page note additional details.
Sully Dominant in Cotton Pits Forces Bull Move on NYSE
Washington Post report from New York on March 15 describes Daniel J. Sully's return to influence in the cotton market after bankruptcy discharge. May cotton climbs to 7.97 with bears pushing later. Sully vows to act on belief cotton will rise, backed by a Wall Street syndicate led by Joseph H. Hoadley.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Daniel J. Sully
United States
Sully
Nowise
Theodore Price
Price
Wall Street
Joseph H. Hoadley
Cotton Exchange
New Orleans
Stock, Grain and Provision Co
Loring Wire
Wahington
New York House
Washington
Loring
Havenner & Kennedy
Home Life
Tel
Qats
Sea
Sorento
Cotton Letter Reports Market Turn and Pricing Dip
A New York March cotton letter notes an initial buoyant start with 8 cents, then a reversal that shaved 14 to 17 points from morning gains and 8 to 5 points from last night’s close. Prices near 8 cents with May at 7.97 and July at 7.98, spread of selling from the South. Exporters and spinners hold orders, farmers see rally potential, falls in prices trigger sales, Fall River mills seek spot cotton. Spot prices steady, futures steady. Miller & Co. provides quotes and notes Liverpool to fall 6 points.
MENTIONED IN THIS ARTICLE
New York
South
West
Fall River Mille
Liverpool
Hugh. Low
Maren
New York Cotton Ends Slightly Lower After Nervous Trading
The New York cotton market showed continued nervousness with early sharp advances but heavy fro nt-taking faded gains. May and July prices rose briefly to about 7.9 and 7.93, then declined to close 3.6 points lower. port receipts were heavy though not as large as expert estimates.
Live Stock Markets and Dividends Suit Report
New York market reports receipts and prices for cattle calves sheep and hogs with national comparisons, citing steers bulls cows and veals priced per hundredweight and per pound. In Trenton, Richard Slesman sues Electric Vehicle Company to force $324,800 in alleged surplus dividends on common and preferred stock.
MENTIONED IN THIS ARTICLE
New York
Tomorrrow
Chicago
Trenton
N. J
Richard Slesman
Court of Chancery
Electric Vehicle Company
Siegman
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Southern
Delaware and
Hudnor del
Lackeid Western
Denver and
Distillers
Securition Erie
Erie
General Electric
Nhineig Central
International Paper
International Paper International Pump
International Pump
Iowa Central
Kansas City
Nashote
Manhattan
Metropolitan Securities
Mexican Central
Mini
St. P
Ste. M
Missouri Pacific
Kansas and
Tex
National Discuit
Nat. R. R
Ont and Western
Kalk and Western
Norfolk and Western
North American
Pacific Mail
Pennsylvania People's Gas
Pitts
St. B
Pullman Palace
Republic Steel Republic Steel Pta
Rock Island Co
Rock Island Fo
St. L
San F
St Lows Southwestern
Tennessece Coal and Iron
Texas and Pacific
St L
Union Pacific
United States Leather
United States Rubber
Chemical
United States Express
Wabash
Wells-Fargo Express
Westinghouse Electric
Western Union
Wheeling and
Lake Erie
Wisconsin Central Ptd
W. B. Hibbs & Co
F Street
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
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Washington Produce Market
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State
Bermuda
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Jersey
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Norfolk
NEW York Stock Market
Adams Futprese
Ay Am
Far and Fundry
Jo Amerane Foundry Ptd
Bat
Armarlean Ce
Imerean Express
Amer An Lee Pr
Bam Amerie
Aw Snell
New Jersey
Afua
Paul
Ptroleum
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Long Island
Atare
Locéon
London
Glasgow
Middiessora
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Foundry
Southern Scott
Interborough Company
Interborough Rapid Transit Company
Manhattan Island
New York Exchange
B’y Com
Mergenthaler
Union Trust Co., Washington Gas, Lanston, Bank Stocks
D. of C
F. H. Smith Co
Los
N. Y. Ave
Equitable Co-Operative Building
Equitable Building
F St
John Joy Edson
ELLIS #PHAR
Geo
Frank P. Reeside
B. P. Snyder & CO
F St. N. W
Imm Ponde
M. J. Sage & Co
Moore & Hill
Mth Street
Miller & Co
Street
Mdg
Stack
Galveston
Fteady
Savannah
Charleston
Boston
Philadelphia
Sacksonville
Houston
Augusta
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Ain
Great Britain
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Continent
Mexico
Plaxico
Swartzell, Rheem & Hensey Co
Warner Building
Comptroller of Currency
Riggs National Bank PA
U. S&s. Treasury
Ralph W. Lee
G Street
Gor
Traders National Bank
Geo. C. Henning
N. W
U. S
N.d. Miller
P. Mille Miller & Company
Broadway
Corporation
The
National Sate Deposit, Savings and Trust
18Th ST
New York Ave
Arthur Wall
Lynn, Wall & Co
F Street Northwest
Adams Building
the American Audit Company
New York City
W. Lafrentz
DT. Manwaring
Cochen, Jr
Sec
Treas
Otto Luebkert
Colorado Building
Th. S. Cu, Te
R. Lappin
St. N. W
Cor. F
Chesley & Stence
Colorado
Wade & Hedge
N.Y
Xeep Weill
N.W
Washington, D.C
Cor
Boardwalk
Atlantic City
Mergenthaler Linotype Company
Fred'k J. Warburton
John W. Frank
Melrose
Clifton
Forthwest
North
District of Columbia
Heiskell & McLean
Griffin Halstead & Co
F Street N. W
New York Consolidated Stock Exchange
Beer Intvesta
Centa
Wall ‘Strast Bears
King
Cceaele
Hose
Commercial National Bank Cor
Sts. N.W
Lewis Johnson & Co
Moore & Schley
Francis A. Smith
Alvin M. Lothrep
W. Prea
Guingy Smith
John B.awan
Fulton Harris
Jackson H. Ralston
Sc. Ribey
Wen
Union Savings Bank
7Th
John Joy Fersax
Swope
Ellis Spear
Andrew Paraer
HARRY G@ NEEM
Bayd Taylor Thomas Bradley
Rregeren
Treaurer
Res Estate Oficer
C. Martin Brand
Ely
Joan Surety
Warder
Metropolitan Loan and Trust Co
E Street N. W
Washington Mortgage Loan CO
American Loan CO
14Th St. N. W
É&Cc
Towner
Timat Conveniens
Planos
Iuaus Wits
Ad Business
District Loan Co
W. Cor
National Loan and Investment Go
No. Cor
Mear
Treasury
Mutual Loan and Trust Co
F St N W
Potomac Guarantee Loan
Atlantic Building
Conaderugi
Wational Mortgage la
I F BT
IBA