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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

May 06, 1913

Page

2

European news buoys stock market gains in New York

European political progress and strong foreign buying lifted sentiment at open. London demand for Steel Amalgamated and Union Pacific helped early gains of one to three points, but intraday trading faded as optimism tempered by domestic events and a July 1 deadline on Harriman dissolution.

New York Montenegro Europe London Steel Amalgamated Union Pacific Jong Wall Street Supreme Court Harriman Union Southern Pacific United States

Treasury and Exchange Market Notes on Prices and Commodities

A compact market roundup lists butter, poultry, grains, and livestock prices on the New York and Philadelphia exchanges. WHEAT, OATS, RYE futures edge lower and firm. POULTRY and MEATS show varied per unit rates. regional prints note creamery butter, dairy products, and farm animal prices across Pennsylvania, Ohio, Maryland, Virginia, and Tennessee with specific per pound and per dozen figures.

Western Seurhero Kent Teland Maes West Virginia Ohio Maryland Virginia Pennsylvania Delaware Elgin New York State New

New York Produce Prices Mixed As Markets Drift

New York May 5 cotton and commodity prices show a quiet session with fluctuating values. Surplus receipts for butter eggs and flour mix with reports of rains in the southwest and private crop updates influencing the day’s movement.

New York Liverpool Faji River

Oil Quotations and Market Figures from Oh City

The listing shows credit values, averages, shipments, and totals for May in Oh City with figures for Lima Indiana and South Wooster. The Elgin butter market is noted as steady with a May quotation and a rough price term.

OH City Araries Toldo Ohin Lima Indiana South Wooster

Wall Street Gossip on Rallies and Copper Prices

New York May 5 reports show London prices higher than New York earlier in rallies, with copper up due to higher copper metal prices. Foreign buying continued post London close, Anaconda Copper movements noted, and Pennsylvania ex-dividend figures cited along with Missouri Pacific earnings gains and a Paris gold engagement totaling 25 million dollars.

Local stock exchange opens week with limited business

The local stock exchange started the week with little actual trading though inquiries supported last week’s prices. Washington Gas showed activity with sales around par, Mergenthaler recovered a portion of its decline with a 217 quotation, and unofficial six month earnings hinted at gains. Some bank shares and United States Trust traded sparsely while Arlington Wire Insurance saw unusual marketing attempts that didn’t proceed.

Kington Gas Hington Gas Mergenthaler Linotype Federal National Bank United States Trust Treasury Ays Washington Gas Georgetown United States Capital Traction Co National Bank Stia and Potomac Columbia Columbia Railway Metropolitan As Railway and Electric Alex Mount Ver National Ban Philippine Treasury Potomac Electric Mort Potomac Electric Power Ches Potomac Tel Amer. Tel Tele Cong Norfolk and Wash Timibt Iggs Realty Reserve Fund Riggs Realty Railway and Lectric Virginia Ry Dallas Steamboat Georgetown Gas BET Lanston Monotype Greene-Cananea Copper Aes de Columbia District Farmers and Mechanics Federal Lincoln Oe Metropolitan Aires Washington Trust Company American Security and Trust National Savings and Trust Union Trust Company Washington Loan and Trust United States Trust Co Continental Citis Savings Hos Savings Union Savings Corcoran Arlington Franklin Gera N- Americs Nationl Chien Potormac Trans Security Storage Co Shea Washington Market Stock Exchange Inet Mergenthaler Arlington Wire Insurance Andington Muncey Trust

Financing shifts push high interest on top-grade bonds

A New York report notes a dramatic rise in yields for high-grade securities. Lake Shore bonds at 3.12% priced near par earlier now trade at discounts, while New York City and State issues seek 4% to 6% yields to attract buyers. The era of easy credit appears ending as banks and investors adjust to tighter financing conditions.

New York Lake Shore Railroad Company Albany City of York Lake Shore Europe James Speyer Vanderbilts Grand Central Station Mr. Speyer Mr. Morgan Morgan House Vanderbilt Moran Speyer City of New York Ashbel Fiteh Lecessit New York State New York City H. H. Rogers Rogers

Freight rate rise urged by railroad president

Pittsburgh May 5 Samuel Rea president Pennsylvania Railroad told a chamber luncheon that a general increase in freight rates is needed to support investment. He cited a 4.85 percent return in the Eastern divisions, flood costs of 3.6 million dollars, and an estimated national railroad value between 15 and 16 trillion dollars. He said government valuation may be used for tax, purchase, or rate regulation, and pledged to aid the Interstate Commerce Commission in assessing actual value.

Pittsburgh Pittsburgh Chamber of Commerce Samuel Rea Pennsylvania Railroad Interstate Commerce Commission

Bank Teller Missing $15,000 Sparks Theft Probe

H C Baseler, teller at Third National Bank of St Louis, is reported short $15,000 in his accounts. Investigators say two $16,000 bills triggered the probe. Baseler reportedly confessed and remains in custody of a national bank examiner. The case links to a larger $200,000 currency theft from Habana to New York. Baseler's finances and lifestyle are under scrutiny as details emerge.

St. Louis H. C. Baseler Third National Bank of J. L. Bumphrey R Baseler Baseler

France Faces 160 Million Deficit In 1912 13

A report by Senate budget committee analyst Emil Almond notes France must cover a 160 million dollar gap beyond receipts to meet 1912 obligations, including a 20 million reserve for a projected three years army service, despite higher taxes and tobacco monopoly income. The Temps cites deficits despite 189 million in new taxes.

Paris Senate Hmile Almond Temps Today France Treasury Tobacco I

Ambassador Wins Suit in Pennsylvania Over Leishman

Judge Martarland rules John G A Leishman remains a Pennsylvania resident and dissolves a foreign attachment writ seizing Leishman’s funds in Pittsburgh banks. The suit against Leishman claimed 0.000 dye on stock and alleged residence in Berlin was temporary.

Pittsburgh James R. Martarland Common Pleas Court John G. A. Leishman Germany Pennsylvania Leishman London New York Paris

Accuses a Railroad of Favoritism in ICC Complaint

Colonial Navigation Company of New York accuses the New Haven line of unlawful discrimination in favor of the New England Steamship Company. The petition, filed with the Interstate Commerce Commission, claims the railroad extended favorable rates to its rival while withholding them from Colonial, harming the New York firm.

New York, New Haven and Hartford Railroad New England Steamship Company Colonial Navigation Company of New York Interstate Commerce Commission Colonial New Haven

Copper Market Signals Mixed Prices Across Lanes

Copper futures and spot prices show variation with Standard and electrolytic copper quoted around 15.50 and 15.75, May and June futures near 30 to 49, London copper steadiness at £69 5s, and tin and Tin shares listed. Northern and Southern copper grades priced around 17.6 to 17.5 shillings, with Cleveland warrants cited at 87s 9d in London.

New York Stendard Spot London Northern Southern Cleveland

Destruction at Lewitt Plant After Severe Fire

A large chemical plant in Lewitt suffered total ruin in a fierce blaze. Fire teams battled collapsing bricks and heavy flames as crews worked to prevent spread and assess losses estimated around two hundred thousand dollars.

NOY Mas A Agr Uiter Pany Lewitt

Whittington Files Voluntary Bankruptcy Petition in District Supreme Court

Charles P. Whittington a plumber and contractor of 43 Seventh Street NW filed a voluntary bankruptcy petition in the District Supreme Court. The schedule lists debts of 987.40 and assets of 230. Attorney John W. Gardiner represents the debtor.

District Supreme Court Charles P. Whittington Seventh Street Northwest John W. Gardiner

Also Mentioned on This Page

Curb Market Boston Allis-Chalmers Ciis American Tel Tel American Agriculture American Tobacco Armour and Co Atchison Pen Atchison Atchison Co Atlantic Coast Line Baltimore and Brook Transit Georgia Chesapeake and Ohio Chicago and Alton Quincy Chicago Ith St. Ey Pac Colorado and Son Sis Delaware and Hudson Denver Rio Grande Distillers Erie Kansas Lake Louisville and Nashville Missouri Kan Texas Missouri Pacific Alissouri Pacific Baty National Rys Mexico New York Central Ev New York Central Hartford Norfolk and Western Ist Norfolk and Western Northern Pacific Oregon Short Line Penn Cv. Sles San Fran Ig. Ds Gem T Louis Southwestern Con Seaboard Air Line Southern Pac Cat Southern da Southern Pacific R. RL Southern Railway Union Pacific Ist Ug Rubberts Virginia-Car Chemical Wabash Western Md Westinghouse Electric May Adams Express American Steel Foundry Alaska Gold Braden Subway Ity Giroux Consolidated Greene-Cananea Hollinger Rel Inn Intercontinental Rubber Wwyan Kerr Lake Ark la Rose Consolidated Coal Sales Co Mason Valley Manhattan Manhattan Traniss Wa Marconi Briq Marco Canadian Te Ard OL Sith Toharco Products NEW York Stock Market Salina Aligh Menai Us City Raml Po Missouri P National Biseriit Rey Tiys M. Aptd Learonnative Northmerican Pacific Mall Anaconda Mining Fe St. L Brookisn Fern Bay Consolidated Canadian Avute Repulsi Central Chesapeake and My Republic Rock Island Co C' Ail Chicagso King Consolidated Iseaboard Air Line Iseaboard A. L Coles, Tuel and Iron Slass-Shef. S. and I OH Consolidated Gas Imag Delaware and Hudson Southern Trathway R. G Southern Ray TEM Dee Tennessee Copper Amitexas Paci McHeinion Pacific Iric Eal RT United States Realty owiGeneral Electric Jiserg Witmited States Rubber Great Northern Tlineia Caro, Chemical Interborough-M Harvester Ues Western Maryland Riral Aiaag Sinter Marine THE United States Treasury Washington Stock Exchange Baltimore Securities Chicago Grain Philadelphia Stell Stager Baltimore Washington Cattle Market Con Power Com Maryland Trust United Awy Elec Houston Oiltretta Unitet Rw Elec Bae United Rwy Etec, Inc G. B.S. Brewing Rey Rte Velvet Ena Seth Praaxen Wisconsin Hennery Middle West South America Santos Cordova Washington Produce Market Florida iMarch. Fae ILD Ns LOTRH Marg Salen Lock Galveston New Orleans Sayvannah Niinal Crist Pritad Jarkensville Euoustan Augus Jae Great Britain Continent Japan Figin Hutter -Steady Canadian Pacific St. Paul Theading Pavifle Mitiun Pacifie Har Bieri Lanafon Muarch Local Financial Holland McKinley South Africa China Russia Clearing-House Association Clearing- House Association Frederick F. Fappen Clearing House Tappean Rea the Investors’ Bank Avestor Stannard General Mortgage Railroad Washington and Southern Bank G Street N. W Center Market J. Selwin Tait W. B. Hibbs & Co New York Stock Exchange Chicago Board of Trade Hibbs Lewis Johnson & Co Pennsylvania Ave New Tork Stock Exchange Letters of Credit Foreign Exchange District of Columbia Real Estate Trust CO F Street N.W Thomas J. Fisher & Co Ith St. Aw. Inc Paul V. Mitchell & CO TIS 14Th St. N. W 18Th St. N. W D. C WM. H. Saunders , CO Southern Building 15Th Om Bert Tyler & Rutherford, Inc Wirth St F. H Smith Company Iznt Wallimare Uwiker Tudo Tamgraa Rimat Sme Rhee Otto de Pessia Marklower Crans Vanlee Nerranthe Sterling Exchange Rockville Bank Washington Post Rockville Farmery Banking and ‘Trust Company Harry Griffith Herns Lam W T Dearby Robert Jtlton Tot Juv Bilson Kidward Oo Teher Arthur Willige John WW Walker Fames Teeets Wiliam Wo Weish Arthur Peto Athe Baub Tury Willam Wo Weise Joe Wiggins Albert Clerk N. H NEW York Grain Duluth West OFM Oc. L Wan F. R. Dorr TSS Lith Riggs National Bank Penn. Ave U. 8 National Savings and Trust Company 15Th and N. Y. Ave Fifteenth Street U. S. Treasury Ordcat National Bank Texan Swartzell, Rheem & Hensey Co
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