Traders Gain Confidence Amid Market Rally and Rate Action Hints
New York March 28 Traders again held undisputed market control with light public participation. Prices showed rising confidence on potential favorable action by the Commerce Commission on rate increases. Highs were set as steels and war contracts advanced, while Rock Island neared a three point gain before close.
MENTIONED IN THIS ARTICLE
Commerce Commission
New York
Beide Drigges-Seabury
United States Steel
Bethlehemeel
Lackawanna and
Mloss-Snet- Neld Steels
Northern
Republic Tran
Inter
Rock Island
CURB MARKET REPORTS AND COMMODITY PRICES ACROSS MARKETS
Baltimore securities show mixed readings as New York prices adjust for March. Oil City notes balance, shipments and creamery receipts. copper and tin futures steady in London and New York markets, while cottonseed oil prices hold near recent highs with crude and refined sugar advancing.
Bankers' Trust to Absorb Astor Trust in Major Merger
New York reports the consolidation of Bankers Trust Company and Astor Trust Company, creating a system with total deposits of 260 million. Bankers Trust cites 10 million capital and 16.6 million in surplus, while Astor shows 1.25 million capital and 1.96 million surplus. Seward Prosser serves as Bankers president. Four million in Canadian gold arrives for J F Morgan & Co with 6.9 million more sent to Philadelphia mint, bringing yearly imports to 240.7 million. Market observers warn of a forward surge and note a sold out condition unless unexpected events intervene.
MENTIONED IN THIS ARTICLE
New York
Bankers’ Trust Company
United States
Aster Trust Company
Astor Company
Bankers
Seward Prosser
New York Market Notes On Banter In Farm and Fruit Prices
Market notes from New York and Philadelphia show price reports across poultry vegetables fruits and grains. Butter eggs cheese wheat corn oats list regional and variety prices, with vegetables including potatoes onions tomatoes and greens, alongside hogs calves and lambs pricing.
Local stock market shows broadening but light volume
The market edged wider though turnover remained light. American Graphophone rights rose a point on 248 shares traded. Washington Railway and Electric preferred moved at 1 and 30 shares at 81. District National Bank traded 10 shares at 143. Rotomac Electric bonds and small Graphophone notes limited to minor activity.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric Preferred
Washington
Capital Traction
Columbia Title Insurance
District National Bank
Rotomac Electric Consolidated Sa
University Club
Wash, Ray, & Glee
Washington Gax
Mergenthaler
Fanaton
Continental Trust
Manger ‘Trust
Franklin National Bank
Ricns National Bank
Kactnnge Bank
American Paper Can
Oklahoma OL
Washington Baseball Club
Miller Train Centre
International Medicine
Buell Train & Signal
Rts
Capital ‘Traction
Wash
Federal Nat. Bank
Commercial Nat. Bank
Ips
Northwest Savines Baok
Munsey Trust
Thomas L. Hume
G Street
Tel
Chicago Wheat and Cotton Rally on Export Demand
Chicago reports export buying lifting wheat prices amid earlier peace talk declines. May futures touch 1.94% while July 1.66% with unsettled quotes. Cotton in New York shows irregular trading as shipments boost old crop premiums and dampen new crop demand. Rounding out the day, hogs, cattle, and sheep markets in Chicago show varied strength and weakness amid broad activity.
MENTIONED IN THIS ARTICLE
Chicago
New York
Prize ship Annam turned over to British owners in Norfolk
United States district court in May on Supreme Court order relinquished the prize ship Annam to Floyd Hughes for the British Africa Steamship Navigation Company, owners before capture by the Germans. The court ordered $590,000 from the cargo sale to be paid to English owners. Norfolk banker M Thomas H Willcox named special commissioner to assess costs and damages. The unsold ore cargo to be restored to the owners, and the German defendants ordered to pay all costs.
MENTIONED IN THIS ARTICLE
Norfolk
United States District Court
Supreme Court
Annam
Floyd Hughes
British African Steamship Navigation Compann
Appam
Richmond
Thomas H. Willcox
Baltimore Markets March 28 Wheat to Butter Prices Noted
Baltimore markets report closes for March 28 with No. 2 red wheat at 2.30 for March and April, corn at 1.24 spot, oats easing, and mixed poultry and egg quotes. The Washington Post notes Ralph N. Begien named general manager of the Eastern lines of Baltimore and Ohio Railroad, headquartered in Baltimore, while Harry A. Lane becomes chief engineer.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Pennsylvania
West Virginia
Southern
Virginia
Washington Post
Baltimore and Ohio Railroad
Ralph N. Begien
Harry A. Lane
New York Grain Prices Reported for Wheat Corn and Oats
New York March 28 Wheat futures steadier with No 2 hard at 2 23 44 No 1 northern Duluth at 2 24 4 No 1 northern Manitoba around 2 30 Spot corn steady No 2 yellow at 1 31 Oats spot steady indicating stable grain prices in New York markets
MENTIONED IN THIS ARTICLE
Philadelphia
Western Creamery
Firsta F
F. c
Western
CHEES
Southern
New York
Duluth
Northern
Manitoba
Also Mentioned on This Page
Home Governsoenho
Asrenttury
Atfimore & Cio Pon
Haines
Lara Steel
Thoreau h-Met
Missouri
Kan
Tex
Montana
Tay Lotiwestern
Curb Market
Baltimore Securities
Boston
Marchay
Oil City
Pbuutten
Ite
Westuo Hennery
Hennery
Middle West
London
Fk East
Shy Haskell Barkeroui
Long Island
Magma
Merritt
Maxim Mun
Met
Midwest
No Am
PL. & R Blg
Ze Hominy
Cisage Sha
OkKinhon
Lila US Securities
Atlas Powder Oy
Vay
Mavrety
Havana Tobacco Va
Lehigh Ae
Ind
Kentucky
N.Y
Fisee Og Sr
Houston
United Ry
Lec Co
Poole Long
OL As
Mn Walt
United Rys. & Kiec, Inc
Wall Street
Canada
J. F. Mor
NEW York Stock Market
Local Stock Exchange
Local Produce Market
York State
Elgin
California
Florida
Washington Cattle Market
Jax Rubber
Alaska Gold
Washington Railway and
Ntectrie
Allis Whilmers
Kennecott
Tod Allis-Chat
Laclede
Washington, Gas
Ste Aas
Hreet Sugar
Lehigh Valley
INO
Tire
Louis. & Nash
Car & F
Car&Er
Mackay Co
Cotton
Man
Shirt Co
Maxwell M. Uo
Washington Railway L
Maxwell Mt Pf
Ami Lovomae
Thy
Maxwell M
Bay
Potomac Electric Consolidated
Miami Copper
S.pt.b
Mo. Pac. W
T.&t
Nam
Capital Traction Co
Ana. & Pot. River
Ana
Por River G.as
N. Y. Central
Metropolitan R. Ros
Bom
Ars
Lecds
Norf. & West
Pw. Sh
Abs
North Amer
North Pacific
Toola Gy
Ohio
Pat
Ohio Cities
Love
Fe & P
LOO Ly
Owens
Pacife Mall
Amer
Grapho. Ist
Penn R. KR
Am Tel
G &E
D.C
Barrett Co. Rts
Pitts Steel
B&w Steamboat Hs
An Butte & Sup
Riggs Realty
Long
Ss. ‘ Tang Vt Petroleum i
Ry Steel Sp
Set Sp
Ray von Op
Pacif
Senther
So. Esou
Cerro de Tasco
Teel
Bie
Ches. & Ohta
indjRep
Prio
Royal Dutch
Tt & Tee
Pt Eee
Hi, & Alton
Hington Gas
Aone & FB
Taeur
Ve. Vt
Tuth Pacific
South
Mergrenthaler Linotype
Lanston
Studebaker
Chile
AIN Inc
Hind Con
Texas
Greene-Caninea
al Fuel & Tl
Tol Gas & Be
Forcot & Out
Asia City
Tom Tnien
LOO Jinay Farmers & Medini Ae
van Corn
Crucible Steel
Stsfirat Federal Be
Cuba A
Suvar
United Corfeborate
Iba
Cuba
Real&taupt
Security & Trust
S Cragent
Sayin
Viasying Thien Trust Company
Oat Ai Th BI Steel
Wash Tean & Trust
Bre
Nat TM Ab
Aen
Ieetric
BNO Pao Motorsom
Wabash Lest
Comune & Vines
Clomdrien F
Wa Howe
Noritieen Pe
Security A & Com
Mary
Steel Ann
Weesting House
Arlington
Lee OS
Eal
AW Ngon
a.Cary TS
Wat
Corcoran
Tliors Central
Fri
Airemen
Willys
Int
Ha Corp
Chi Wisconsin Cen
Mer
Ata
M. Mar
Columbia
Gang
Chapin-Sacks Co
Col. Paper EE
Grapho. Com
Amer. Grapho. Pf
Security Storage Co
U. 8. Realty Co
National Union Fire Insurance Company
Pittsburgh
District of Columbia Dade
Apital
Tiana
Asrets
Nereta
Coneingencie
Epital Atock Aml
Indiana
Votal Oo .A.ee . Ae
Cole
WM. G. Atumetro
St. N. W
Miami Consolidated
Miami
United Magma
Mercantile Pawer
Dly Aterling
United Magma Mines
Harry Lefhkovits
Securities
Exchange Place
Daily Market News
Hospital For the Colored
Duke Brothers
Durham
James B
Benjamin N. Duke
Tobaco
New York City
George W. Watts
John Sprunthill
Durham Capitaliste
New
Orleans
Galveston
Savannah
T. Miliz
Cincinnati
Little Rock
Lah
Pallas
Mtganmery
Rewiwerkly
U. S. District Court
Luchter
Georgeh W. White
Hot Johnson
George O. Walson
J. Gales Moore
The
National Metropolitan Bank
OST National Bank EN
15Th St
U. S. Treasury
Carl Robertson Kurtz
Colorado Blde
William P. Borbright & Co., Inc
Morin Wistar Stread, Jr
Euston
Detroit
Graphophone
Holt & McWilliam
Broadway, N. Y
Rector
NEW York Grain
John, Edwards& Co
New York Stock Exchange
Washington Stock Exchange
District OF Colubib
Hight & Co., Inc
Colorado
T Books
United Stagma
Nana
National Savings & Trust Company
Corner 15Th and
N. Y. Ave
Fifty-First Ear
T. R. d. Ganpbell & CO
Union Savings Bank
Wade OT Corp
Nein
A. B. Leach & Co
Moorhead & Elmore
Fifteenth St
Merrill, Lynch & CO
S. Kresge
Foye
Bloedward Bldg
Washington, D. C
Bethlehem Steel Co
Southern Railway
Erie Hailroad
Callyeral) Trust
United Kingdom of Great Britain
Ire
Fang Bie
Crane, Gilpin & Co
14Th St. HoaPosre Sees
Main 98
Loan Dept
Phillips & Sager
New York Ave
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street N
Hambleton & Co
Inventment Securities
Baltimore- New York
Southern Building
Groupg
Depaamsticin Pa
Spade
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