Harriman Says No Overcapitalization in Railroads
E H Harriman, amid a Wall Street panic discussion at the Metropolitan Club, argues against federal rail controls and warns of no overcapitalization though he expects a future contraction in business. He asserts existing statutes suffice, opposes English standards for US railways, and predicts a slower pace of railroad development and a possible easing in prices as the economy adjusts.
MENTIONED IN THIS ARTICLE
New York
John D. Rockefeller
E. H Harriman
Federal
Harriman
Rockefeller
Railway policy pledge favors development over direct competition
In a talk he stressed future railroad construction should emphasize development and public interest. He supported allowed agreements among railroads under federal supervision to fund expansion and eventually lower rates, arguing it serves the greatest good. He added faith in America, its resources, and its people, noting the economic shift will take time but move forward.
MENTIONED IN THIS ARTICLE
Evan
Wall Street
Harriman
Highlands Property Sold By Robinson Company
The George P. Robinson Company sold a controlling interest in the Connecticut Avenue Highlands Company, owner of the land five blocks north of the Connecticut Avenue bridge near Cleveland Park, to New York and Pennsylvania buyers. Price was $1214 per share, par value 31. Improvements have been added in the last three years and the purchasers, with two former stockholders, plan a new company to develop more residential property.
MENTIONED IN THIS ARTICLE
George P. Robinson Company
Connecticut Avenue Highlands Company
Whia
Connecticut Avenue Highlands
Connnecticut Avenue Bridge
Cleveland Park
New York
Pennsylvania
POTOMAC COMPANY NOT SOLD IN FIRE INSURANCE DEAL
Negotiations to sell the Potomac Fire Insurance Company were finally called off yesterday due to purchasers' inability to meet terms. President John Taylor Arms stated the stock would not be sold and he would remain in his position. He confirmed he controls a majority of the $200,000 stock and had been offered $5 a share but insisted on equal treatment for all shareholders. Names of prospective buyers were not given.
MENTIONED IN THIS ARTICLE
Potorose Fire Insurance Company
John Taylor Arms
Duluth Copper Broker Merritt Fails In Duluth
Duluth Minnesota based broker Fred H Merritt, a leading curb stocks dealer, closed his doors and turned affairs over to trustees. Merritt, reportedly worth 593 dollars, suffered losses from the copper slump in New York and Boston markets. Merritt’s attorneys say claims will be paid in full and he may resume with a small margin. It’s the first brokerage failure since the copper craze hit Duluth.
MENTIONED IN THIS ARTICLE
Duluth
Minn
Mar
Fred H Merit
Mertitt
New York
Boston
Merritt
Tos
Bank of France raises rates amid foreign demand pressures
Paris and New York reports show the Bank of France lifting its lending rate to 3 1 2 percent and the discount rate to 3 4 8 percent as foreign markets rush funds to Paris. Officials say the move is self protective, with New York and Berlin demand cited as driving factors. The adjustment signals broader rate tightening amid global money flows.
MENTIONED IN THIS ARTICLE
Paris
Mar
Bank of France
France
New Yorke
Berlin
London
Chicago Grain Market Reports Slump and Rally
Reports of green worm damage and heat gripped the wheat crop, yet a late session rally lifted May wheat and corn as buyers bet on shrinking supply. May opened lower, then rose to 74 3/4 cents, with oats and corn following a strong finish. receipts and exports remained mixed, while hogs saw weakness.
MENTIONED IN THIS ARTICLE
WB Hibba & Co
F Street
New York Stock Leschange
Washington Stock Exchange
Chicago
Sen
Liverpool
Delaues
Yushaia
Minneapolis
Tuluth
Styarpool
Kansas
Casti
Tve
Ste
Washington Stock Exchange close quotes and commodities
The Washington Stock Exchange reports mixed closing quotations with many bonds and rail stocks listed. Trading notes show bids for Washington Railway and Electric common and preferred, National City Bank and Columbia Railroad instruments, along with butter, eggs, cheese, and produce market updates and prices across dairy and produce sections.
Jive stock markets report from New York trading day
Markets show dull to modest demand with mixed prices across cattle calves hogs and sheep. Netting sides top at about 425 per pound for beef and calves around 9 to 14 dollars per hundredweight while hogs trade down about 16 cents and cattle steady with mixed feeder and bull values.
MENTIONED IN THIS ARTICLE
West Virginia
Virginis
North Carolina
Deslors
New York State
Kere
Virginia
Maine
State and Western
Charleston
Florida
Western
California
Caullfowar
Norfolk
Parley
New Orleans
Herrel
Yorke Imperial
Deay
Hen Davis
Exia
New York
Mar
Texas
Tania Wank
Comumon
Buffalo
Chicago
Macht Boichers
Chotes Hecht
Moughad
a.Degroe
James
Baltimore Markets Report Mixed Grain and Dairy Prices
Baltimore markets show quiet activity with mostly unchanged grain futures including No 2 Red wheat and corn, steady freight quotes, and firm eggs and cheese. Receipts and exports volumes are listed across Southern regions, with No 2 White and other grains trading at varying steadies while dairy prices hold firm.
MENTIONED IN THIS ARTICLE
Baltimore
Ubio
Timi
Baes OO
New York Grain Report Shows Mixed Market Signals
Grain data from New York shows spot wheat steady and new exports mixed. No 2 red and No 1 Northern futures are cited with varied prices. shipments and receipts figures appear alongside misread phrases, multiple locations, and scattered dates, reflecting a volatile market influenced by Argentine estimates and global trade chatter.
MENTIONED IN THIS ARTICLE
New York
Duluth
Keneas
Ats-Icgpai-Ig
A. Tuly
BT Slevater
Jana Sey
Ansural
Sogtiu
Illinois Central Ex-Head Attacks Hepburn Bill at Penn
Stuyvesant Fish of New York, ex-president of the Illinois Central, told Wharton School students that Roosevelt era legislation largely benefited the nation but criticized the Hepburn Bill as economically unsound. He urged fair dealing, argued railroads need capital via legitimate stock and bond sales, and defended rate regulation as fair while warning against abrupt price cuts.
MENTIONED IN THIS ARTICLE
Ilinois
Philadelphia
Stuyyvesant Fieh
New York
Illinois Central Railroad
Wharton School of Finance
University of Pennsylvania
Flan
Roosevelt
Stock Exchange
Linas
United States
Old Mother Earth
Financial Market Report Shows Mixed Trade on Local Stocks
Washington Railway and Electric closed at 44 after a recovery from 95 1 2 following a brace on the loan x change. 109 shares rose to 36 and 50 more shares sold at the same level. The preferred held at 3 and 791, with 39 and 45 shares traded respectively. National City Bank edged up after call, Commercial National rose to 218, and Washington Loan and Trust gained a point. Only ten shares of Capital Traction traded, at 141 3, otherwise activity was light.
MENTIONED IN THIS ARTICLE
Capital Traction
Washington Railway and Electric Common
Washington Raiway and Electric Preferred
National City Bank
National City, Bank
Washington Railway and Electric Commun
Stock Exchange Philippine Land Purchase
District
Golumble-gas
Ganbonde-Warhington Gam Company
Washington Gas Company
Capital Traction Railroad
AnAcostia and Foreman
City and Suburban Railroad
Colvinbia Railroad
Simorigagaba
Columbia Railroad
Metropolitan
Metropolitan Railroad
Washington Railway and Electric
Washington Alexandria
Mount Vernon
Mircellane Say
United States Electric
Walter
Potomac
Norfolk
Washington
Chesapeake
Washington Market Company
Ist
Publicthitty Stoots
Capiiat Traction
Washington Hallway and Electric Comswan
Washington Railway and Electria Praferred
Norfolk and Washington Steamboat
Washington Gas
Georgetown Gas
Washington, Alexandria
Chnéa+peake and Potomac Telephone
Mergenthaler Linotype
Lanwton Monotype
Mintg
Greene Copper
Mitewall Mining Company
National Bank
Americam
Capital
Central
National City
Columbia
Commerciel
Farmers and Mechanics
Lincoln
Washington Exchange Bank
Trust Company
American Security and ‘Trust
National Safe
National Union
Southern Dablin Service Corporation
Realty Appraisal Agency
Washington Market
Fidelity” Storage Company
Transfer and Storage Company
tEx
Ghaye
Iocak
Commercial National
Washington Loan End Trust
Open to All for Jamestown Exposition Tickets
The contest invites anyone over fifteen to nominate or send friends and colleagues to the Jamestown Exposition. Fraternal, labor, and department staff are urged to boost participation, with The Washington Post funding ninety DC residents for the trip. Send ballots and subscriptions to the Exposition Editor, Washington Post, Washington, D C.
MENTIONED IN THIS ARTICLE
Jamestown
District of Columbia
Jamestown Exposition
Washington Post
Free DC trip to Jamestown Exposition offered
Ninety persons will be sent from the District of Columbia to the Jamestown Exposition by The Washington Post, with all expenses paid for a temday trip. Earn a chance at a free trip and cash prizes by starting early and getting friends to help in this popular contest.
MENTIONED IN THIS ARTICLE
Jamestown Exposition
Washington
NS Ety
District of Columbia
Virginia
Maryland
The
Washington Post
United States
Jamestown
Colmatte
Alexandria
Marylane
Sundaes
Subnet
Rome
Segent
Priviliae
Virginia counties vie with zero vote showings for subscriptions
From the fragments it appears counties including Alexandria City, Alexandria County, Fairfax County, and Loudoun County seek a zero vote showing as part of a broader candidate list. The total mentioned equates to ten yearly subscriptions to The Daily and Sunday Post at zero dollars.
MENTIONED IN THIS ARTICLE
Alexandria City
Alexandria County
Fairfax County
Loudoun County
Virginia
Maryland
Daily and Sunday Post
Also Mentioned on This Page
E. H. Harriman
Mr. Harriman
Cinb
al Harriman
Tegic
Hartiman
Bir Harriman
Mr. Herriman
Highlands Property
Connecticut Avenue Company
Potomac Company
Fred H. Meritt
India
Do' Gallo Petroleum
Rio
Santos
Cordova
Bermuda
Southern
Elle Damien
Chicago Grain
Stun Produce Market
Washington Cattle Market
Jive Stock Markets
Toledo
Ohio
Lima
Indiana
Stuyvesant Fish
Hepburn
Local Financial
the Post
Washington, D. C
Montgomery County
Prince George County
Charles County
Total
Ontestanta Will
Shington
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