Harriman Opposes Rockefeller on Federal Rail Control
E H Harriman, NYC March 21, rejects Rockefeller on federal control and overcapitalization. He says railroads are not overcapitalized, laws on the books suffice, and future growth should be development driven, with possible contraction in investments and prices. He notes English standards cannot fit American rails and foresees slower expansion amid public supervision debates.
MENTIONED IN THIS ARTICLE
New York
John D. Rockefeller
E. H Harriman
Harriman
Rockefeller
United States
Wall Street
Metropolitan Club
Millonaires” Club
Rockefellers
Gerveransat
Ig 19
Counti
Hualdine
Highlands Property Sold Improves Connecticut Avenue Highlands
The Connecticut Avenue Company sells a controlling stake in the Connecticut Avenue Highlands to New York and Pennsylvania buyers for 12.34 per share. The property lies five blocks north of the Connecticut Avenue Bridge adjacent to Cleveland Park. Grading and improvements have occurred over the past three years as a new company is formed with two former stockholders to further residential enhancements.
MENTIONED IN THIS ARTICLE
Connecticut Avenue Company
George P. Robinson Company
Connecticut Avenue Highlands Company
Whteh
Connecticut Avenue Highlands
Connecticut Avenue Bridge
Cleveland Park
New York
Pennsylvania
Cld
Potomac Fire Insurance Company Not Sold
Negotiations to sell Potomac Fire Insurance Company were halted as purchasers failed to meet terms. President John Taylor Arms stated stock would not be sold and he would remain in position. He controlled a majority of the $200,000 stock and said a $358 per share offer was rejected to treat all stockholders equally. Names of buyers were not disclosed.
MENTIONED IN THIS ARTICLE
Potomac Fire Insurance Company
John Taylor Arms
Duluth Broker Merritt Closes Doors in Copper Boom
Fred H Merritt, likely Duluth’s largest curb stock dealer, shut his doors and placed his affairs in trustees’ hands. Once valued around 500000, he lost heavily in copper and the New York and Boston market slump. Merritt’s attorneys say creditors will be paid in full and he may resume with a margin. first copper boom era brokerage failure in Duluth.
MENTIONED IN THIS ARTICLE
Duluth
Man
Fred H Meritt
Merritt
New York
Boston
French Discount Rise Prompts Rate Hike at Bank of France
Paris on March 21 reports the Bank of France raised its bank rate from 3 to 8 12 percent and the private rate from 3 to 2 48 percent amid surging foreign demand for money. The move, seen as prelude to higher rates, aims to shield the bank as global borrowers seek funds in Paris and via London and Berlin.
MENTIONED IN THIS ARTICLE
Paris
Mar
Bank of France
France
New York
Berlin
London B
Chicago Grain Market Report Reflects Wheat Rally
Chicago wheat led gains on May and July options amid reports of green bug damage and hot weather. Corn and oats rose as demand from commissions and packers boosted activity. prices firmed despite Liverpool weakness and plentiful local receipts. Provisions declined with lower hog and hive box values, while futures closed strong on tighter stocks and favorable crop signals.
MENTIONED IN THIS ARTICLE
Wob Hibbs & Co
New York Stock F Exchange
Washington Stock Exchange
Chisago Board of Trade
Chicago
Seaton
Liverpool
Minneapolis
Tuluth
Lverpool
Kansas
Washington Stock Exchange report with mixed quotes and commodities
Closing bid quotations show Washington Railway and Electric common and preferred active with varied prices, plus bonds and other utilities trading across broad ranges. Agriculturals follow with egg and butter notes, while live poultry and meats price movements reflect cautious demand and stock receipts across regional markets.
Baltimore Markets Readings Show Mixed Grain and Cash Trends
Market digest from Baltimore shows dull wheat and steady corn with varied futures and spot prices. Receipts and exports shift across wheat corn oats hay and sugar with regional notes and a March to April spread. educational content contest details follow.
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WUTC
Stuyvesant Fish Assesses Railroads and Roosevelt Talk
Stuyvesant Fish former Illinois Central president spoke at the University of Pennsylvania Waartoen School of Finance arguing Roosevelt's legislation largely benefits the national economy while Hepburn measures are economically unsound. He urged fair rate regulation, opposed government price controls on railroads, and said railroad financing requires legitimate stock and bond sales to fund improvements. He stressed faith in banks and warned against overreacting to stock market fluctuations.
MENTIONED IN THIS ARTICLE
Harriman
Illinois Central
Roosevelt
Bunt
Philadelphia
Stuyvesant Fish
New York
Illinois Central Railroad
Waartoen School of Finance
University of Pennsylvania
Fisa
Wall Street
Stock Exchange
Pny
United States
Old Mother Earth
Grain Market Movements In New York Wheat Falls Then Recovers
New York grain notes a volatile session with wheat slipping on easy cables and bearish crop talks before firming on Argentine demand and export news. Corn and oats show modest gains with mixed receipts and limited activity as May, July, and September contracts close near earlier levels.
MENTIONED IN THIS ARTICLE
New York
Duluth
Kansas
Washington Railway and Electric Stock Trading Report
After 45 shares traded at 351-2 the stock recovered to 3-4 near the close. 100 shares peaked at 936 and 50 more sold at the same level. Preferred held firm around 80 and 791-2 with 39 and 45 shares traded respectively. National City Bank rose after call, Commercial National moved to 218, Washington Loan and Trust up a point. Most activity centered on small quantities, Capital Traction limited to 14 1-2 as the day ended.
MENTIONED IN THIS ARTICLE
Serce
Washington Railway and Electric Common
Washington Railway and Electric Preferred
National City Bank
Alter call—National City Bank
Stock Exchange Philippine Land Purchase
District of Caluable
Gan
Washington Gan Company
Washington Gas Company
Capital Traction Railroad
Amnacostia
Pottmacus
Columbia Railroad
Morigexo Ba
Il Metropolitan Railroad
Metropolitan Railroad
Washington Railway and Electric
Washington Alexandria
Mount Veron
Houde
United States
Electrie Light
Potomac Electric Light
Norfolk and Washington Steamboat
Chesspeake
Potomac
Washington Market Company
Washington Railway
Electric Common
Washington Railway and Electric -Preferred
Washington Gas
Georgetown Gas
Washington
Alexandria
Mount Vernon
Checa
Peake and Potomac ‘Telephone
Mergentheler Lanstype
Lanaton Monotype
Greens Capper
Mitchell Mining Company
National Bank
Americam
Capital
Central
National City
Columbia
Commercial
Farmers and Mechanics
Lincoln
Metropolitan
Washington Exchange Bank
Trust Company
American Security and ‘Trust
National Safe Depaalt and Trust
Waton Tract Company
Washington Loan
Trust
Washington Baja Deposit
Union ‘Trust
Savings Bank
Home Savings Bank
Union Savings
Merchants and Mechanics’ Savings Bank
Arlington
Garcoran
Iremen
Franklin
National Union
People's
Thule
Columbia Title
Washington Title
Southern Public Service Corporation
Washington Morket
Bidelity Storage Company
Incuk Exchange
Aixty
Commercial National
Washington Loan and Trost
Capital Traction
Open to All Exposition Editor Washington Post
The Washington Post segment titled Open to All reports on the exposition editor’s invitation and public accessibility, outlining venue hours, featured displays, and the role of the press in covering the event.
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District of Columbia
Virginia
Maryland
The
Washington Post
Washington, D. C
Win a trip to the United States’ historic Exposition contest
It invites readers to enter a popular contest with chances to win free trips and cash prizes. Encourages early participation and seeking friends’ help to improve odds.
MENTIONED IN THIS ARTICLE
United States
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