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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Mar 26, 1912
Page
2
Reading and Smelting advance hold near starting point while Copper and Amalgamated, Union Pacific show strength. Broad activity fades toward close as industrial stocks retreat amid wage talks and rail strike pressures, with leaders like American Can and United States Steel maintaining prominence in a cautious session.
The New York cotton market opened unevenly with scattered realizations and Southern selling as traders awaited a London conference result. Prices closed barely higher or lower, with roughly 1,700 bales sold and spot quotes around 10.00 for nearby lots affected by weather and unsettled English rates.
March 3 Baltimore reports Wheat futures spot, corn futures, and cotton with prices across grades. Western Maryland Pennsylvania Virginia and surrounding states show mixed figures for cotton lint and seed, with dairy and meat prices noted alongside quality assessments and crude estimates for fur, hides, and other commodities.
The page lists numerous stock quotes and bond prices across Washington interests. It notes Colonial Traction and Washington Ry and Elec figures, mortgage-related notes, Potomac Electric, gas and telecom issues, and various commodities and local market items such as fruits, vegetables, poultry, and meats with pricing notes indicative of active trading. The text reflects an era market snapshot with multiple entities and price points in a dense, OCR-heavy format.
New York March 3 price notes cover butter and cheese, with butter at 6,054 tabs and several creamery item listings. Commodities include soy, pork, flour, cornmeal, crude oils, and sugar futures with quotes from traders and exchanges. The report also cites wheat and corn futures movements as market activity shifts through the session.
March 23 report shows uneven wheat futures but slight gains in some contracts as supply figures lag. Corn and oats show firm spot prices with mixed receipts and exports. soybeans and barley list nominal activity amid a cautious market sentiment.
Chicago receipts 11 000 cattle market firm with butter prices and mixed feeder values. hog receipts 9000 with steady to mixed trade and varied weights. sheep and lambs activity steady for best grades while others weaken. Baltimore weekly cattle receipts 1 024 head with steady market. New York veals and calves receipts and prices mixed but firm for some classes. hogs market soft with lighter demand and variable prices.
Market notes show wheat firm on export grades, corn firm across export elevators and local trade, and dates steady. Cotton, beans, and livestock prices mix with butter and egg tones. keep eye on Chinese and Western creamery printing and poultry quotes across cities.
Financial notes show copper and London futures with uncertain demand. Reports mention spot and future prices, currency rates, and cash conditions. banks note money on call steady and interest rates. Inflationary signals and export figures appear, alongside commodity mentions and market activity for the week.
New York March 2 In a 1 000 000 share day stock advances hit Amalgamated Copper up 12 points Steel common 13 Union Pacific 6 to 40 points and others up with no normal reaction Rumors of a large stock relocation persist Reading and other active issues remain strong While Union Pacific lags prices for winter high and the Atchison Topeka and Santa Fe budget outlines major improvements Lehigh Valley Railroad begins a 5000000 dollar grain elevator project at the National docks and Pennsylvania Railroad reports 1909 track mileage and a growing network stockholders total 13067 up 7 74 over last year and many subsidiary holdings excluded
The local security market moved bullish with scarce stock for sale except at higher closes. Capital Traction steadied near 1271 2 bid, Washington Railway and Electric rose about 7 points, and Acid advanced 8. A steady demand persisted for Honda, gas firms, and bank stocks. Second National rose 3 to 1 1 2, United States Trust bid up to 160, and Commercial National Bank ex div noted. Back from Haskers Banquet, S Wolfe and H Haas attended in Richmond and arrived in Washington.
New York March 25 Judge Hand reserved decision on motions to dismiss indictments in the American Sugar Refining Company conspiracy trial. Defense counsel urged acquittal arguing keeping the refinery closed safeguarded collateral, while District Attorney Wise called the contention absurd. Beck attacked the Sherman antitrust law, noting the need to interpret it as it stood in 1913.
Interstate Commerce Commission rules that railroads using low state rates must charge equivalent interstate rates for similar traffic. The decision power includes potential review of state rates, a point likely to be contested in upcoming court actions. The outcome may reach the Supreme Court, with intense debate over undue discrimination and federal versus state rate authority.
The Interstate Commerce Commission ruled that coal and coke shipments from Wise and Lee counties Virginia mines to Ohio Kentucky and other states must be carried at established through routes and joint rates by carriers serving those origins. The decision found Lewisville and Nashville Railroad refusal to provide such service to mine owners on the Interstate Railroad and Cox operators on the Virginia and Southwestern as undue discrimination.
The census bureau reports for the six months ending February show supply totals of 16,733.71 bales with imports at 63.9 bales and exports valued at 10.54 per bale. Consumption reaches 263,275 bales, with 36,277 burned in Houston Texas. In cotton states total production and stocks are detailed across regions and states, including 1,000,877 bales in cotton states and 1,278,757 in other states, with end-period stocks totaling 8,555,029 bales. Independent operators and manufacturers hold sizable quantities across regions.
Treasury officials tally improved finances as weekly receipts exceed expenditures by about 11 million and the monthly deficit narrows from 90.5 million to 6.3 million. Anticipated corporation tax payments in June may erase remaining shortfall, boosting the government's balance.
Eugene Splaine, an alleged leader in a $25,000 cab robbery, was sentenced to State prison for seven years and six months to fourteen years and six months after pleading guilty and confessing the bank messenger was assaulted inside a taxicab.
A public notice outlines mortgage terms for real estate assets including rents expenses brokerage commissions and capital expenditures. It details unpaid claims required by a regulatory body and mentions rates and collateral as part of the agreement.
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