Market Decline Fue to Speculators and Rumors in Wall Street
A Washington Post summary notes stocks fell amid heavy professional selling driven by bold speculators who had bid prices up weeks earlier. Rumors circulated to depress markets, while money rates stayed low and wheat futures pointed to a large winter harvest. Union Pacific and Reading figures drew attention as the day closed with mixed results and renewed selling pressure.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Stock Exchange
Sterling Exchange
Courar
Wall Street
Annnetal
Merce
Lake Shore and
Michigan Southern Railway
Preentags Beer Haeteeway Company
Lake Shore
Batsiltimore and Ohio Railroad
Companiea New York
Union Bine Pia
Ign. Low
Bia
United Stater
Wrpreas
Reading Common Atock
United Staten Leather
Jam Express
United States Leather
United States
Baltimore
Morrow
Baltimore and Depot
Union Pacifc
Canadian Pacificpany
Central of New Jersey
Union Pacific
Gnicezo
Alton Pta
Chicago Great Western
C. C
Camul Menta
Sas
Westinghouse Electric
Western Union
Whastlag
Lake Ett
Anlea
W. B. Hibbs & Co
F Street
New York Stock Hillchange
Chicago Board of Trade
Washington St Exchange
Cora
Delaware
Den
Rio Grande
Hocking Valley
Ohio
Illinois Central
Gsornie
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Gentral
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Chicago
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Kasess City
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Loulaville
Neshville
Manhattan Con
Mion
St. Lois
Missouri
Keneas
Toras
Haltegat Asoot
Acre
Enraah
Law York Central General Siu
Jeraay Central General
Northern Pacific
Northern Padte Sa
Norfolk and Western Consol
Oregon
Ehort Line
Pennnsylvania
Roadinn
Cokie
Southern Pacific
Nouthern Railway
Texas and Pactic
Toledo
Louie
Ateel Socoti
Wabash Ins
Wabash Distentiare
St. Paul
Reading Common
Lakeshore Directora
Reading
Baelhmore
Wallstreet Bulk Pao
Wheat market swings as July advances then falters in Chicago
Chicago May 4 Fresh confirmation of favorable crop progress supports a firmer wheat market. July wheat opened weak then briefly rallied to 6 1 2 cents. factors included rain in the Northwest and a Wall Street lift, but the mood turned cautious as a crop expert cited strong May 1 condition and higher acreage. Corn and oats showed mixed, with oats steady and provisions firm on demand from packers. Primary receipts and stockyard arrivals were reported, with December-like activity noted elsewhere.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
I’ Street
New York Stock Exchange
Washington Stock Exchange
Chicago
Wall Street
Minneapolis
Duluth
Yelower
Rtade
Shorts
Coach Howees Used & Stm Tone
Abertock
New York Grain Market Reports May Activity and Prices
Dull wheat trading amid bearish news from Snow and Price Currant. offers for No 2 red and No 1 Northern Duluth mixed with export talk. Corn receipts and dull option market, oats receipts strong. overall market tempered by rain in the Northwest and expectations of Argentine shipments.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Pricam
EIK
Potea
Alevator
New York Produce Prices Mixed Across Commodities
Market report from New York on May 4 shows butter receipts steady at 5,826, hogs steady with 24,057, poultry prices unchanged, flour receipts 8,446 barrels, and oils and metals with varied steadiness. Quotations span cottonseed oil to coffee and sugar, with London metal markets noting firmness in tin and mixed moves in silver and copper.
MENTIONED IN THIS ARTICLE
New York
Cordova
Charleston
Liverpool
Wteam
Ateam
London
Glasgow
Bae Af
Middleboro
Marthernim
Northern
Southern
Southern Soft
Wall Street Bear Tactics Dominate Market Session
The Washington Post reports ongoing bears manipulate prices with scale selling and coordinated broker actions. The piece notes limited genuine trading, steady buy programs on declines, and notable activity in Union Pacific and Reading common amid a market-wide downturn and anticipated approval of 200 million dollars in Union Pacific preferred stock.
Local Financial Market Showed Mixed Trust Stock Activity
Market movement centered on National Safe Deposit and other trust stocks amid partial selling and persistent demand. Gas and capital issues fluctuated with cautious bids, while a new Capitol Hill savings bank project gained subscriber interest and officials noted no plans to expand Central National Bank capital.
MENTIONED IN THIS ARTICLE
Capitol Hill
Pennsylvania Avenue
Third Street
Central
Bank of Washington
Washington Loan & Trust Go
Collatara
Washington stock market closes with wide variety of bonds and shares
Declining and rising prices mark a volatile session as Washington bonds and utility stocks show mixed results. Notable figures include Washington Railway and Electric at 4% and 925, American Security and Trust around 252, and Metropolitan Railroad certificates of indebtedness near 10%. Various banks and regional issuers feature throughout the closing quotations list.
MENTIONED IN THIS ARTICLE
Potomme Electrin Light Ba
V . Capitan Traction
Washington Railway and Electric
National
American Security Ad Trust
Metropolitan Railroad
Columbia Railroad
Columbia
City and Suburban Railroad Se
Angcomtla and Potomac
Washington Railway and Bieceri
Washington
Waablngton
Gurlex
Washington Gas Company
Bank of Washington
Metropolitan Citizens
Central
Farmera and Mechanic
Becond
Capieal
Amatioen
Tradera
Eincole
Flea
Inewrapcestasks
Firemer
Frankin
Metropolitan
Corcoran
Fotomee
Ariington
National Union
Riggs
Feopla's
CH. Commercial
Colantel
Title Insurance Stocka
Columbia Title
Washington Tita
Chesapeake and Potowas
Panthion Washington Gas
Georgetown
Tye Machine Alocka
Mergenthaler Linotype
Lanston Monotype
Oreeno Consolidated Cop
Washington Market
Norfolk and
Local butter and eggs market receipts and grades
Receipts for eggs remain tight with fresh Virginia and Southern lots rated at 17 percent, while butter demand softens the market. Granular grades from multiple creameries show best fancy at 27, other fancy at 26, and second grade around 20 to 18 for near-by and country goods.
MENTIONED IN THIS ARTICLE
Virginia
Gouthern
Bigin
Wentern
New York Cotton Market Slips to Season's Low
White irregular trading marked the session as the cotton market opened easy and fell on liquidation and bear pressure from lower cables and favorable southern weather. Near month selling by spot houses, limited demand for low grades, and modest covering kept prices subdued with a net decline of 5 to 11 points. sales reached 125000 bales and Southern and local spot markets were quiet to lower.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
Atreet
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Lew. Clare
New York
Howsee
Monthe
Houser
Mymatler
Holtere
Aouth
Salem
Livestock Market Report from Maw York and Chicago
May 4 livestock markets show weak activity with cattle receipts scarce in Maw York and steady to firm prices across calves sheep and hogs. Prime hogs in good demand at 6.90 to 7.90, prime steers 4.00 to 6.15, and lambs around 6.75 to 6.80 with common lots lower.
MENTIONED IN THIS ARTICLE
York
Yeale
Chicago
Chamber elects officers and honors Choate and Porter
New York May 4 Joseph H Choate retiring Ambassador to Great Britain and Gen Horace K Porter former Ambassador to France were elected to honorary membership in the New York Chamber of Commerce at its annual meeting today. All old officers including President Morris K Jesup were re elected. Treasury receipts and expenditures note redemption of national bank notes 32405 government receipts from internal revenue 4123 customs 691179 miscellaneous 3645 expenditures 1810000
MENTIONED IN THIS ARTICLE
Chamber
New York
Joseph H. Choate
Great Britain
Horace K. Porter
France
New York Chamber of Commerce
Morris K. Jesup
Treasury
National Bank
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John Joy Edson
John A Swops
Ellis Sfear
Andrew Parker
Harry G. Meem
Rotd Taylor
Thomas Bradley
Notus
Total Metantion
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F. H. Smith Co
Real
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15Th and
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OT FL
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S&teady
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the National Safe Deposit, Savings and Trust
Vormer
ATR Capital
Anal
Rae & of Rem Cong Bet Ae
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Ellis Spear
Geo. W. Casilear
Peake Freeside
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U. S
Capitan
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W. B. Gurley
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OGM
Warder
ITH
Metropolitan Loan and Trust Co
E Street
Spehs
Piazo
Coves & Bune
Met
Welt
Pms
Alexandria
Church
Langdon
Riverdale
Lane
Utena
Capital Loan Co
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Potomag Guarantee Loan CO
Adaptic
Fiakor
Building and Loan Association
Ping
Pelt of
Ririetly couGderUs
Srest Room
Arsi Iaog
Breiner
Vate Tna
American Loan Co
Second Flock