Market in Flux as Deal Rumors Fuel Wall Street Swings
A late breaking note from New York details rumors of consolidations and dividend guarantees driving volatile moves in securities. Analysts warn that if deals prove solid prices could rise, but if discredited another broad decline seems likely. money markets and banking actions loom as factors and the public remains largely sidelined while professionals dominate activity.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Clase
Guarantess
Tavidends
Vanderhilt Hebpings Company
New York Central
Temion Paine Company
Vanderbilt
Pacine
Eng
Union
Housevelt
Congress
Wiech
Western Railway
Northern Securities Company
Wit
Chicago, Milwaukee and St Paul
Chicago and Northwestern Railwes Companies
Bohut
Largr
Stock Exchange
Exchange
Standard Oil lowers crude oil prices in Kansas field
In Chanute Kansas on March 26 Standard Oil Company reduced crude oil quotes across grades by two cents. Thirty two degrees gravity and above now at 50 cents. thirty degree oil 18 48 cents. twenty two to twenty eight degrees at 46 cents. In Kansas City editor Col P C Boyle arrived to study Kansas and Indian Territory fields noting rapid development and vast potential from Nedosha to the Gulf of Mexico.
MENTIONED IN THIS ARTICLE
Standard Company
Kansas Field
Chanute
Kans
Standard Oil Company
Kansas
of City
Derick
Oiields
Pennsylvania
Kansas and
Indian Territory
Kansas Cay
Cal. Bayie
Nedosha
Kas
Gulf of Mexico
Tribute to M E Ingalls and Big Four leaders banquet
Melville K. Ingalls, longtime president and current chairman of the Big Four rail line, was honored with a testimonial banquet in Cincinnati on March 2. Local businessmen presented him with a silver tea service as numerous prominent directors and executives from major rail and gas firms attended.
MENTIONED IN THIS ARTICLE
Big Four
Cincinnati
Ohio
Melville K. Ingalls
Oliveland, Cincinnatti
Chicago and St. Lows Railway
LWO Bueels
Oscar G. Murray
Baltimore
China
Joseph Ramsay
Wabash
Chesapeake andOhio
James McCrea
Fennsylvania Lines
Pittsburg
al. Felton
Chicago and Alton
Devatur Axtell
Chesapeake and Ohio
W. J. Murphy
New Orleans
Texas Pacific
Financial Market Weekends Gas Stock Slips Amid High Trade Volume
An avalanche of selling orders on Gas stock at Saturday's meeting pushed prices from 67 1/2 to 68 1/2, closing down nearly a full point. Washington Railway and Electric bonds show renewed interest while bank clearances soar, hinting at upcoming prosperity despite near term uncertainty.
MENTIONED IN THIS ARTICLE
Georgetown
Lewis Johnson & Co
Henry Very
J. William Henry
New York Banks Report Clearings Sharp Loans Slip
The New York clearing banks weekly statement shows loans down 17,976,700 to 31,108,701,700 and deposits down 23,716,200 to 81,160,061,900. Carentalian and legal tenders rise, specie falls, reserves shrink, and surplus grows modestly amid broad liquidity shifts and reduced demand for cash by interior borrowers.
MENTIONED IN THIS ARTICLE
New York
Carentalian
United States
Associated Banks
New York Stock Market Quotations Source Credited
The foregeing quotations are the same as those received daily by W B Hibbs and Co bankers and brokers 1419 F street. They are members of the New York Stock Exchange Chicago Board of Trade and Washington Stock Exchange.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
Bankers and Orokers
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Bankers and Brokers
JN. Miller A. P. Miller Miller & Company
Broadway
New York
Washington
New Orleans
Chicago
NEW York Stockh Exchange
NEW York Copper Exchange
NEW York Produce Exchange
NEW York Cotton Exchange
NEW Orleans Cotton Exchange
John V. Barross
Ee Tee
F. J. Lisman & CO
Broad Street
Aves
Gatrret
N. W
Washington stocks and bonds mixed in brisk Saturday market
The Washington Stock Exchange closes with a wide array of bonds and stocks from district issuers and national firms. District bonds include 4,668 on 1924 issues and 11834 on 1948 notes, while Washington Gas, Metropolitan and Columbia lines show varied bid levels. Publicly traded railroad and insurance shares, plus greenbacks from the New York market, populate the day’s quotes with many issues around par or modest premiums.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric
American National Bank
Washington Gas
Lanston Monotype
Graphophone
Washington Stock Exchange
District of Columbia
Philippine Land Purchase
Capital Traction Railroad
Metropolitan Railroad
Columbia
Columbia Railroad
City and Suburban Railroad
Anacostia and Potomac
Washington Gas Company
United States Electric Light
Chesapeake and Potomac Telephone Ba
Potomac Electric Light
Safe Deposit and Trust
National Safe Deposit and Trust
Washington Loan and Trust
American Security and Trust
Washington Safe Deposit
Union Trust Company
Washington Savings Bank
Nome Savings Bank
Railroad
National Bank
Bank of Washington
Metropolitan Citizens
Central
Farmers and Mechanics
Second
Capital
American
Lincoln
Riggs
Stremen's
Franklin
Metropolitan
Georgetown Gas
Mergenthaler
Greene Consolidated Copper
Washington Market
Norfolk and Washington Steamboat
Realty Appraisal and Agency Company
Baltimore Markets and Commodity Prices From March Event
A dense report lists assorted prices and market notes across commodities including flour, wheat, corn, rye, butter, eggs, cheese, sugar, and various regional goods. It covers spot and contract values, receipts, and regional price ranges with currency figures and unit measures.
MENTIONED IN THIS ARTICLE
Baltimore
Southern
Uptown
Eggs And Butter Market Notes From The Region
Eggs show no quotation changes since Thursday with steady receipts and steady demand across Virginia North Carolina and Tennessee. Butter remains in high demand with receipts lagging, pushing prices upward as regional dairy products list varied grades and store packed options.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
Tennessee
North Carolina
New York Cotton Opens Quiet Amid Cables and Receipts
The New York cotton market opened quiet with small losses on lower cables and heavy receipts. Trading was subdued, sinking about 5.8 points, with a narrow range. Estimated port receipts today 30,000 bales. weekly totals show May to August at 172,802 bales, down from last year. State and city hits include New Orleans receipts 9,741 and Houston 4,256, vs prior year figures. Swift & Co. reports beef sales in Washington for the week ending March 2 averaging 0.652 dollars per pound.
MENTIONED IN THIS ARTICLE
W. B. Hitles & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
UGG
TEE
New York
New Orleans
Houston
Live Stock Markets Across Cities March Reports
New York receipts show no trading with beef and dressed veal firm, while calves have no activity. Sheep and lambs range, with lambs around 8.50 per hundredweight and yearlings at 7.00, mutton and lambs dressed steady. Chicago cattle and hog markets display strong demand for prime steers up to 8.25, calves 3.00 7.00, hogs 5.25 6.45, and lambs mixed in the 4.75 7.05 range.
MENTIONED IN THIS ARTICLE
New York
Extra
Minnesota
Otda
Pacific Coast
Galveston
California
Texas
South America
Chicago
Also Mentioned on This Page
Woo
Money Market Situation
Russa
Japan
Russia
France
Ruesta
Sterling Exchange
Paris
England
Daniel T. Kellogg
M. E. Ingalls
Indianapolis Gas
Indianapol Ind
Indianapolis Gas Company
Central Trust Company
James Singley
Pelee Island
Ont
Agnew
P. G. Affleck
Local Financial
Washington Railway Common
Preferred
Lanston
Riggs Bank
Government
Potomac Electric
Washington Railway and Electric Company
Chicago Grain
NEW York Stock Market
Wee
Adama Express
Amalgamated Copper
Car and Foundry
American Sugar Refining
Aly Am. Tobacco
Anatonia Mining Co
Atchison
Atlantic Coast
Baltimore and
ACB
Tse Gallimore
Ohio P
Brooklyn Rapid Transit
Canadian Pacific
Central of New Jersey
Chesapeake
Ohi
AL Ak Ale
Chicago and
Alton
Consolidated Cas. Cole
South'n
Delaware and Hudson
Dal Lack, and Weatears
Denver
Rito Grande
Yu den
Rio Grande Pi
Distillers’ Securities
Iowa Central
Towa Central
Kansas City Southern
Kansas City
Louisville
Nashville
Manhattan
Ming
St. of
Louis
Kangas and
Aga, Mo
Nat. R. R
Mexico
Bea
Western
Norfolk and Western
Pacific Mail
Ny Pitts
G and
Pullman Palace
Republic Steel
Rock Island Co
Republic Stee Xanay Ron
Bay Rok Island Co
P' Ag
Ag St. le
San F
Mg St
Arig St.l. and
West
Ptd
Uoios Pacific
Union Pacific
United States Leather
United United States Realty
States Leather
United States Rubber
United 1
Algsty United States Rubber Pta
Wisconsin Central
Sajes
Havenner & Kennedy
the Stock, Grain, and Provision CO
Wall St
the Loring Wires
Home Life
15Th
Gw.w
Equitable Co-Operative Building Association
John Joy Hdson
Ellis Spear
Geo. W. Casilbar
V. Pras
Frank Preeside
Building Association
F. H. Smith Co
Philadelphia
Rio
Cordova
Long Island
Jersey
Liverpool
Savannah
Charleston
Wilmington
Norfolk
Boston
Augusta
Memphis
Quist
Louisvilla
Great Britain
Continent
Stack
Consolidated
Pan
Mextes
Swift & O
Washington, D. C
Union Trust Co
Edward J. Stellwagen
George E. Fleming
Edson
Olds
THE
Commercial National Bank
U. S
Gernation
Swartzell, Rheem & Hensey Co
Warner Building
Washington Loan & Trust
John Joympson
John A. Swope
Andrew Parker
Harry G. Memn
Boyd Taylor
Thomas Bradley
Griffin Hall
Real Fetate
Gad & Go
Niew
New York Consolidated Stock Exchange
B. P. Snyder & CO
F St. N. W
A. J. Sage & Co
Moore & Hill
Ralph W. Lee
G Street
Comptroller of Currency
Pa, Ave
U. S. Treasury
R. Lappin
Seventh St. N. W
Cor. F
Wade & Heddes
M. J. Sage & Co
N.Y
Arthur Wall
Lynn, Wail & Co
F Street Northwest
Adams Building
Ladies’ Department
Chesley & Spence
Colorado
Union Savings Bank, Bond Bldg
14Th and
N.Y. Ave
Bayes
Washington and Trust Building
Si Ia
F Stann Telephone
John W. Frank
Melrose
Investment Securities
Letters of Credit
Moore & Schley
National Safe Deposit
15Th ST
NEW York &Ve
Cls Am
Co. Martin Brand
Main
G St
Heiskell & Weleran
Traders National Bank
Geo. C. Henning
Brivaty Teoma
Surety Loan Company
Warder
Jowest
Ickness
Dia
Metropolitan Loan and Trust Co
E Street
American Loan CO
4Th St
Planos
American Loan Company
11Th St
Tuary
Increst
Maine
District Loan Co
F Sr
N.w. Cor
7Th & I
Lgsan
Potomac Guarantee Loan
Atlantic
Jent Company Investment Co
Treasury
Money Are
Mutual Loan and Trust Co
St. N. W
Mationsl Mortgage Loan Company
F ST. NW
Wbachive