Market gains as stocks advance amid Mexico calm and rail dividends
New York trading opened May 1 with broad stock strength as gains spread across classes. Traders noted less Mexico concern, improving railroad prospects, and a Union Pacific dividend ruling lifting sentiment. Eastern rails led the advance on hoped higher freight rates, while bond buying grew and overall market breadth stayed firm despite bear unease.
MENTIONED IN THIS ARTICLE
Union Pacific
Local Stock Exchange Report Shows Mixed Prices and Bonds
A scanned market note lists noon bids with Washington Gas at 79 percent and several securities trading in the 2 at 135 range. It records butter receipts, steady cheese, dull dressed poultry, and steady lard and refined products with May and July price marks for seed and sugar substitutes.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Hennery
Rie
Santos
Cordova
New York Grain Trading Update and Prices
May 1 reports show irregular spot wheat with No 2 red at 1.054, No 1 Northern Manitoba around 1.00, and northern Duluth bids near 10 percent. Futures were firm on May coverage as late positions lag due to crop advisories. quotes for May, July, and September indicated mixed activity across futures.
MENTIONED IN THIS ARTICLE
Chicago
United States
New York
Northern
Duluth
Manitoba
Allont
Baltimore markets report dairy and grain prices May 1
Baltimore markets show dull trading across commodities with No 2 red wheat around 96 percent, standard oats and several poultry and egg price notes. Butter and cheese values mix with regional dairy prints, Maryland and Pennsylvania tolls, and scattered regional quotes for butter, eggs, and dairy products.
MENTIONED IN THIS ARTICLE
Baltimore
Southsea
Maryland
Pennerlvacia
Brets
Virginia
Greta
Pennsylvania
Ohio
West Virginia
Macrland
Pondsylvania
Prowess
Philadelphia Market Notes on Egg Cheese and Poultry Prices
A fragmented market summary from Philadelphia lists various commodity items including eggs cheese poultry and hog wheat with mixed movements. Mentions steady and unchanged prices, a New York full cream item, and several coded references to exports and receipts amid unclear figures.
MENTIONED IN THIS ARTICLE
Philadelphia
Duluth
New York
United States Treasury April 30 financials and receipts
Revenue receipts for the day and month, ordinary and excess disbursements, and year-to-date totals. Includes cash assets, gold and silver holdings, trust funds, and general fund balances across Treasury offices and in the Philippines.
MENTIONED IN THIS ARTICLE
Treasury
United States
National Bank
Sllver
National Banka
jIn Treasury
Angers
Local Produce Market Wholesale Prices In Demand
Virginia Maryland Pennsylvania and Delaware straits and vegetables in good demand. Live spring chickens and hens listed with prices. Potatoes onions lettuce peppers tomatoes cabbage cucumbers and fruits priced across Maine Michigan Florida California and Oregon sources. Fresh berries grapes and citrus listed with crate box and basket pricing.
MENTIONED IN THIS ARTICLE
Virginia
Pennsylvania
Maryland
Delaware
Elgin
New York State
West
Maine
Michigan
Tomatecs
Florida
Hale
Ewons
Coban
Malaga
Union Pacific injunction fight over $80 million dividend
New York May 1 The appellate division of the supreme court affirmed Justice Greenbaum's order denying an injunction against Union Pacific directors distributing about 80 million dollars in an extra dividend to common stockholders. Equitable Life Assurance Society, a preferred stock holder, had challenged the officers and directors. Stock market news noted defaults on Rock Island and St Louis San Francisco bonds, with rock Island likely suspending interest payments as receivers handle the Prisco. News from railroad circles reported leadership changes at Central Railroad of New Jersey and Lehigh and Wilkes-Barre Coal Company, plus resignations at Boston and Maine. Pennsylvania showed improved dividend recovery amid retrenchment, while May Day on Wall Street featured a stock exchange member sale and the vaccination needle gift to staff.
MENTIONED IN THIS ARTICLE
Wnion Pacific
Aurts
United States
W York
Armour &'O
Atchison
Toei
Atchison Allonth
Baltimore
Bethleham
Brooklyn
Chesapeake
Chesapeake and Ohio
Chicago
Guney
Chivas
Oloyady Snd
Yeaver and Hin
Tranda
Vistiliers Securities
Erle
Gerles Ca
Ianaral Electroas
Kansasitv
Southern
Wade Shore
Tdgget & Myers
Corilard
Lowatille
Nashville UN
Issouri Rarsay
Texan
Aussound
New York
Ark
New York City
York
Gs” S
Republic
Louis
San
Texas and
Pacity
Third Avenue Adj
Union Facific
Atte Tinton Bath
Virgiia-Carolins Mharatad
Wabash
Western Union
Westinghouse Electric Co
Odt
Toferead
Atvision
Supreme Court Today
Greenbaum
Union, Paclie Railroad Company
Equitable ‘Life Assurance Society
Union Pacific. Aayon
the Stock Exchange Today
Chicago, Rock Island and Pacific Railroad Company
St. Louis
San Francisco
Prisco
Rock Island
Exchange
Fool Island Company
Wi G Basler
Central Railroad of New Jersey
George ¥. Baer
Philadelphia
Charles 8
Hubgryan
Mr. Baer
Lehigh and
Wilkes-Barre ‘Goal Company
New York Central
Lake Shore
Wall Street
Finance Department
York Central
Local financial and business notes from a trading day
Wilts trading was light on the local stock exchange yesterday as prices steadied. Washington Gas and Electric saw limited activity with bids around 36 percent and 4 percent for preferred. Greene Cananea Copper rose five points on a better Mexican outlook, Mergenthaler remained in demand, and Pacers National posted a small sale. Bond calls passed with no sale. Several large bids suggested money seeking investments. William Harper and district officials planned a business trip to Philadelphia and New York. The Board of Trade meets May 1 at the New Willard. Federal reserve stock subscriptions rose to 193 banks, totaling 4,753 subscribers and 81,872,100 dollars.
MENTIONED IN THIS ARTICLE
New York
Express
Stewart
Braden
arish-American Tobacco
Oguly
Biitish-Amer
Tobacco
Mir
Mroux Consolidated
Soideld Consolidated
Hills
Greene-Canane
Wilts
Severa
Washington
Capital Traction
Greene Cananea
Mergenthaler
Péderas National
Mafket
Arthur
Moses
Spe
Robert M. Harper
District National Base
McMillan Park
Philadelphia
News
W York
Harper
Federal Reserve
Treasury Department
Merger Plan Could Give Central Control Of Lake Shore
A report from New York May 1 outlines the Interstate Commerce Commission approval of a major bond issue by the New York Central Railroad to absorb the Lake Shore system. The plan aims to refinance securities and consolidate operations to yield economies, with the goal of boosting revenues across the Midwest and Northeast rail network while navigating Sherman Act scrutiny.
MENTIONED IN THIS ARTICLE
Lake Shore
Interstate Commerce Commission
Alexandria Hospital fund drive nears goal this May
The Alexandria City Council will be asked to boost the hospital building fund with a 3000 dollar appropriation as trustees and a citizens committee press for total gifts around 18000 dollars. A high school dramatic club fundraiser and a night of events supported the effort. Police report two suspects after a roofing incident at the Mercer facility. Ward events include Jeffersonian and Civil War commemorations.
MENTIONED IN THIS ARTICLE
Alexandria
Mashington
King Sirest
Counci
Alexandria Hospital
Dramatic Club
Alexandria High School
Opera House
Leonard Nalle
Mercer
Bryane
Bow Fertilizer Company
Nalls
Live Stock Markets Report May Day Receipts and Prices
Live stock markets report at Cuiraze on May 1 shows receipts of 15 000 head cattle and 8 000 sheep and lambs with mixed demand. Cattle receipts 1 003 head steady with prices around 6 0 to 8 15 for feeders and 58 50 for cows and calves. calves about 6 78. Sheep and lambs receipts 8 000 steady with natives 4 200 to 3 3 per head and yearlings around 5 40 to 6 36.
MENTIONED IN THIS ARTICLE
Jim
Steady
Reeves
Lisgsgo
Texas Storm
Market rundown copper steady amid futures and spot activity
The Metal Market in New York reports copper steady with June and spot quotes around 14,0914.37 compared with London copper at £63 in spot and £64 in futures. Other futures show little change and warrants for Cleveland remain unchanged despite mixed notes on electrolytic copper terms.
MENTIONED IN THIS ARTICLE
New York
London
Lepot
Cleveland
Oil Quotations and Trade Averages Reported
Toledo May 1. Oil quotations and credit balances listed, with average figures and shipments noted. Includes regional notes across Indiana and Ohio, with earlier price references and run totals.
MENTIONED IN THIS ARTICLE
Ollis
Toledo
Ohio
Mey
Lina
Indiana
Wooster
New York Money Market and Washington Cattle Market Summary
New York money market rates show modest gains while Washington cattle market items appear in brief notices. The report references New York money rates, Sterling poise, hogs and lambs prices, veal calves and Mexican dollars, with government bonds and railroad bond activity noted in a compact market round-up.
MENTIONED IN THIS ARTICLE
New York
Wright Inquiry Chair Warns Witness Tampering as Wright Case Opens
The Wright inquiry opened with Chairman McCoy warning on possible contempt as four witnesses testified. Louis Carmody private secretary to Justice Wright described visits to a young woman, claiming he warned her not to mention his name if called. Carmody said he was paid $500 for handling related matters and discussed letters tied to the case.
MENTIONED IN THIS ARTICLE
Louis Carmody
Justice
House Judiciary
Dame
Thew Wright
District Supreme Court
McCay
Laula Carmody
Justice Wright
Wilbur H Zepp
Cughter
United States Savings Bank
Carmody
James M. Lord
New York
James Barcus
New Yark
Bureau of National Literature
Jameelf
McCoy
Nelson
James
Carmod
Police Halt I W W Parade in Baltimore May Day crackdown
Police broke up a May Day parade by the Industrial Workers of the World in Baltimore arresting the band of ten and three others. They faced charge of parading without a permit. Parade credentials shown to the authorities were made out to the American Federation of Labor. Local AFL head Ferguson said no parade permit was requested.
MENTIONED IN THIS ARTICLE
Baltimore
Washington Post
Industrial Workers of the World
American Federation of Labor
Ferguson
Frisco Loses Terminal Interest in New Orleans
New York May 1 The St Louis and San Francisco Railroad Company defaulted on 40 000 in terest due June 191%, leading to loss of its half interest in the New Orleans terminal valued at 38 000 000. The appellate division upheld that the Southern Railway now holds sole possession after a lower court injunction.
MENTIONED IN THIS ARTICLE
New York
St Touts
San Francisco
New Orleans
Southern Railway
Supreme Court
St. Lews
Ran Francisco Raiload Company
By & Terminal Company
New York Central Bond Plan and Railroad Consolidation
The article notes expectations that New Haven Railroad parts must divest Naugatuck and Housatonic lines, with competition along the New Haven Line. It cites Interstate Commerce Commission approval implying consolidation was long underway, not to hinder the Central’s $167 million bond issue to finish absorbing the Lake Shore into the New York Central system. It mentions Connecticut routes and regional implications for rail control under Holland.
MENTIONED IN THIS ARTICLE
Public Service Commissions
New York
Pennsylvane
Ohio
Indiana
Michigan
Dino's
Eity of
Subway
United States
Lake Shore
New York Central
Union Pacific
Harriman
New Haven
C . Mellen
Department of Justice
New York Centre
West Shore
Interstate Commerce Commission
Pennsylvania
Holland
Weather checks trade and outlook hints at modest improvements
Dan's Review notes some betterment in select trade branches while broader activity shows a moderate recession. Agricultural prospects look favorable, yet inclement weather slows retail distribution and outdoor work. In construction, wholesale demand tied to new building remains quiet, iron and steel sentiment weak, and weekly US failures total 808 versus 896 last year and 83 in Canada.
MENTIONED IN THIS ARTICLE
New York
Dan
United States
Canada
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Mexico
England
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Baltimore Securities
Houston
United Railways
Gastssert Q. B
United Rys
Elec
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Balto
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la W
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E Railroad
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Mil & St. B
Republic I. & B
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Rock Island Co
Lanstol Mergtthaler Lindspe
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