Market Still Inert as Stocks End Mixed in Dull Session
New York reports narrow, variable price moves with little overall change. Missouri Pacific dominates losses, slipping over two points amid heavy selling. California Petroleum weak, Chesapeake and Ohio under pressure. Government crop report fails to spark activity. loans tighten and Chicago and Northwestern issues are issued to raise funds.
MENTIONED IN THIS ARTICLE
Missouri Pacific
Chicago
Northwestern
California Petroleum Common
Preferred
Chesapeake
Onlo
Northwestern General Mortiasers
New York Bond Market Highlights and Tiers
The New York bond market shows varied prices and yields for many industrials and rails, with Liberty era style tickers. Notable listings include American Tobacco 63, Armour & Co Mes, Atchison gen 45, Central of Georgia 53, Chesapeake and Ohio cv 4g, Great Western 45, Interborough-Met 443, New York Central gen i63, Pennsylvania cv s, Reading Bends 5, Southern Pacific cy 4a, Texas Company cy 63, United States Steel fs, Westinghouse Electric cv és, and other securities with mixed debentures, corporates, and rail issues. The sheet reflects a broad spectrum of 1980-era bond pricing and yields across industries and regions.
MENTIONED IN THIS ARTICLE
New York
American Tel
Telco
American Tobacco
Armour & Co
Atchison
Baltimore and Ohio
Haltimore Amd Ohio
Irola
York City
New York State
New York Railway Adj
NH and
Martford
Norfolk Aml Western
Northern Pacific
Oregon Short Line
Pacific
Pennsylvania cv
Pennsylvania
Reading
Republic Steel
St Louis
San Fran
St Louis Southwestern
Seaboard Air Line
Southern Rail
Southern Pacific
Southern Facific
Southern Raiilway
Southern Railway
Texas Company
Texas and Pacific
Third Avenue
Trion Pacific
United States
Rteel
Areiita-Caralina
Shahaah Itbs
Mestarn Nlon
Westinghouse Electric cv
Boston closing prices May seven copper and shares
Closing quotations from Boston list copper and mining shares including Centennial Franklin Granby Consolidated Greene Cananea Nohawk orth Butte North Lake Old Dominion Shannon Tah Consolidated Utah Copper and Pa. May credit balances show mixed figures with shipmonte and Toledo values.
MENTIONED IN THIS ARTICLE
Boston
Centennial
Copper Range Co
East Butte Copper
Franklin - Granby Consolidated
Greene-Cananaa - Nohawk
Orth Butte
North Lake
Old Dominion
Shannon
Tah Consolidated
Utah Copper Co
May T
Shipmonte
Toledo
Ohio
South Lima
Woonten
Tal
Mexico Land Reform Proposal Prompts State Department Inquiry
New York May 7 The State Department in Washington received an informal proposal from Charles A. Conant outlining a fiscal system for Mexico to fund public works and distribute land to peasants via long installment plans. Conant argues Mexico’s land ownership is inequitable and links reform to regional stability, noting his past work on Central American economies.
MENTIONED IN THIS ARTICLE
New York
State Department
Washington
Alhough
Charles A. Conant
Conant
Mexico
Republic
Nicaragua
Mr. Conant
Baltimore Cotton Market braces for fair weather after steady close
The Baltimore cotton market closed slightly higher amid steady tones and weather forecasts for fair conditions tonight and tomorrow. Private reports of rain in parts of Texas suggested early support from drying conditions, while forecasts for a dry spell in some areas warned of delayed farm work and limited offerings. Futures showed modest moves with October December and January contracts near unchanged to mixed.
MENTIONED IN THIS ARTICLE
New York
Texas
New York Money Market Snapshot May First
New York money market reports call money steady at 1 percent with closing at 1 percent. Time loans show weakness across 90 days and six months with quoted rates near 244 and 3462M. Mercantile paper noted at 3 percent, sterling exchange steady around 4.25 percent on demand. Bar silver priced at 84 cents per ounce and Mexican dollars at 456. Government and railroad bonds mentioned with unspecified rates.
MENTIONED IN THIS ARTICLE
New York
Tate
Mercantile Paper
Sterling Exchange
Atendy
Chicago Grain May 7 market notes price shifts and harvest hopes
Chicago market wrap reports government crop outlook hinting at a larger harvest while futures react late to Washington figures. Wheat edged higher briefly but corn fell slightly with mixed quotes across No 2 classes and nearby contracts finishing near steady to modestly lower.
New York Produce Prices Mixed Amid Market Notes
New York market items show butter at 26.26%, other dairy steady. Cheese 3,100 boxes. eggs receipts 28,100 cases with varied prices. Poultry lively Western fowls firm. flour and cornmeal steady. pork and beef quiet. Lard and barley steady. cotton and oil prices easing. sugar and coffee steady amid mixed loads.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Bennary
Middle West
Miki Dull
Cordova
Live Stock Markets and a Russian Land Plan Mention
The Chicago live stock market reports receipts for hogs cattle and sheep with mixed prices and activity. A separate discussion cites a Russian land allotment precedent under Alexander II and links it to potential Mexican land financing via bonds and a sinking fund, noting possible temporary debt rise but long term development gains.
Washington cattle market report and livestock listings
Fallstambs and sheep prices by market report. Veal calves and spring lambs priced alongside hog and pork figures. Figures include 90465 drosees pork and 1022 listings, reflecting a broad cattle market snapshot with varied livestock categories.
MENTIONED IN THIS ARTICLE
Howe
Yoo
Wall Street Brief Signals Sparse Foreign Interest
New York May 7 foreign interest in this market was small with arbitrage to London not more than 6,000 shares. Most activity was on the selling side after the London close. Bethlehem Steel showed a surge then faded as investors weighed Schwab’s bearish statements and foreign competition. In wheat, a favorable or unfavorable crop report shifts sentiment via grain prices to overall market outlook. Bank of England weekly shows £700,000 reserve and £83,000 in gold holdings. a gold drain could push discount rates higher. Pennsylvanian Railroad reports about 60,000 idle cars East and West, 28,000 in shops. Greene Consolidated Copper declares 80 cent quarterly dividend payable May 11. Cananea mines noted as Sonora, Mexico. Iron ore market activity rises, with Commonwealth Steel buying 10,000 tons at $14 delivered. ore price reductions aid merchants, though some mills with heavy ore stocks prefer higher prices.
MENTIONED IN THIS ARTICLE
Louisvillee& Nashville
Jamer
Mexican Petral
Amer
Miami
St. B
Ste, Mj
Areba
Kans
Texas
Car & Pay
Missouri Pacific
National Biscuit
Ipe Securities
M. Rya
Amer. Locomotive
New York Central
Ogti
Amer. Smelt, & Ri
GRA
Nevada Consolidai
Gabe Amer
Anes
Anaconda, Mining Co
Northern Pacific
Atchison
Mae Pacific Mail
Pacific Tel. & Ts
Atlantic Coast Line
Pennsylvania
Rational Expert Commission
Baltimore & Ohio
People's Gas
Bethlehem Steel
Alta P.c
St Ll
United States
Pittsburgh
Ican
Ray Consolidated
Chesapeake & Ohio
Republic Iron & Steel
Thal
Ching Copper
AMEL
Republic I & 8
Rock Island Co
Chicago Great West
Rock Island Co. Pd
Chicago, Mil
St. P
Chicago & North W
St L. & SB
Colorado Fuel & Iron
Seaboard Air Line
Consolidated
Slosa-Shet
Delaware & Hudson
Zoo
Southern Pacific
Mexico
Denver & Rio Grande
Southern Railway
Denver & Rio Gibaras
Russia
Distillers’ Securities
Tennessee Copper
Erie
Texas & Pacific
Conant Thia
Lst
Union Pacific
Bobh
Union Pacific Pia
Erié
General Electric
United States Realty
Norther Fi
United States Steel
BOZ
Great North
Utah
Interborough
Mat
Wal
Caro
Caro. Chom
Inter
Harvester
Inter Marine
Western Maryland
Western Union
Westinghouse Electric
Kansas City Southern
Ladleda Gas
Wheel & Lake
Lehigh Valley
New York Stock Exchange
Chicago
Washington
New York
London
London Stock Exchange
Cade
Bethlehem
Steels
Taora
Bchwab
Seases
Jte
Tte
Cresse
Iron Trade Review
Commonwealth Steel Company
Bt. Loute
Philadelphia Markets Noise Dampened by Mixed Signals
Philadelphia markets show firmness in butter and cheese while breadwheat and corn hold steady. Eggs and poultry remain unchanged with both live and dressed birds steady as buyers and sellers await clearer guidance.
MENTIONED IN THIS ARTICLE
Philadelphia
Weatam Creamery
Baltimore Markets Row of May 7 Price List
Baltimore markets report prices for poultry eggs and butter with varied grades and weights. Chicken offerings include alive hens old and young, weights from 1b to 14 pounds, and prices per pound ranging from 12 to 38 cents. Pigeons and muscovy ducks are listed, along with Maryland and neighboring states egg prices per dozen and per pair for various items. Butter prices show creamery tency per pound and other grades.
MENTIONED IN THIS ARTICLE
Baltimore
Mey
Maryland
West
Virginia
Biota
Market notes and local business updates in brief
Securities activity shows mixed results with District listings firmer in place while some issues ease. Bank stock activity remains sparse as creditors seek bankruptcy adjudication for George C. Hough. Counterfeit notes reported by secret service, new committee appointments for the Chamber of Commerce and a river resort outing planned by Board of Trade members.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Congress
John L. Weaver Sa
I. B. Henderson
May
Sylvester
Red Cross Relief
War Department
Red Cross
Secret Service
National Bank of
Board of Trade
P Andrews
D. J. Callahan
Leftwich Sinclair
Gude
Chamber of Commeres
Local Produce Market Prices Across States
Receipts of nearby live stock poultry and eggs are light while wholesale prices for Virginia, Pennsylvania, Maryland, and Delaware show steady demand. Spring chickens, hens, turkeys, butter, cheese, eggs from Virginia and nearby states listed with varied per basket or per crate rates.
MENTIONED IN THIS ARTICLE
Virginia
Pennsylvania
Maryland
Delaware
New York State
West Virginia
Michigan
Florida Peach
Okia
Florida
South Carolina
Advancedigures
Copper Market Summary From The Met, May 7 1924
Copper prices steady on spot markets with scattered listings in London and New York. Market chatter notes small gains and mixed quotations across grades with no clear trend emerging.
New Rail Freight Rate Rules Affect South Markets
The Interstate Commerce Commission issued a decision changing railroad freight rate relations across the South. It forbids exceeding intermediate station rates from New York Cincinnati Louisville and New Orleans to Atlanta Athens Cordele Birmingham Rome and other listed routes, citing navigable rivers as a moderating influence and predicting a more stable and reasonable rate system nationwide.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
South
New York
Cincinnati
Louisville
New Orleans
Atlanta
Athens
Cordele
Birmingham
Rome
Charleston, & C
Savannah
Brunswick, Ga
Jacksonville
Pensacola
Fla
Mobile
Ala
Memphis
Tenn
Augusta
Macon
Milledgeville
Hawkinsville
Dublin
Columebua
Albany
Athena
Cardele Ga
Jackson
Meridian
Miss
Potomac Yards
Norfolk
South Atlantic
Lousivile
Chicago
Cairo
St Louis
Treasury report shows May receipts and asset totals
United States Treasury releases May 6 figures with revenue receipts of 1 968 753 12 and 9 686 741 55 for the month. It lists ordinary disbursements this month and year to date, compares to last year, and details assets in Treasury offices including gold coin silver dollars notes and certificates. Net general balance and total cash assets are stated along with bank note redemption figures.
MENTIONED IN THIS ARTICLE
General Fund
Treasury
United States
Philippines
New York Grain Prices and Market Snapshot May 7
New York early May grain note reports spot wheat firm with No 2 herd winter bids, No 1 northern Duluth and No 1 southern Manitoba around 10.5 to 11 percent when afloat. Futures show quiet trade as government data looms with May and July readings down modestly. Corn spot barely steady at 76 percent for No 3 yellow with arrivals expected. oats steady with standard white and clipped white varieties noted.
MENTIONED IN THIS ARTICLE
New York
Alexandria Hospital Fund Tops Quarter Million
Contributions to the $50,000 hospital fund rose to $25,249.63 from 300 donors, including Alexandria Water Company and several named locals. Aldermen introduced a $12,000 grant for a new fire truck house on Prince Street, with a 2,000 extra planned, and a Norfolk state convention trip for Post F Travelers' Protective Association delegates. Miss Mary Elizabeth Bell buried at Presbyterian Cemetery.
MENTIONED IN THIS ARTICLE
Travelers’ Protective Association
Mias
M. E. Bell
Washington Post Bureau
Hing Street
Alexandria
Alexandria Hospital
Worth Hulfigh
Robert Jones
M. Ru‘ben & Song
Alexandria Water Company
Misa Mary B. Carlin
Hugh McGuire
Robert Portner Brewing Company
Gardner L. Boothe
W. A. Smoot & Co, Inc
C C Smoot & Sons Co
Edmund Hunt
George B. Carlin
George R. Hill
George T. Hilpstein
P. McK. Baldwin
Old Dominion Glass Company
Col Arthur Herbert
Mutual [Ee’ Company
J. M. Duncan
A D Brockett
Juwan T. Burke
J. K . Morten
Carroll Pierce
Charles C Carlin
James Ko
H B Caton
John Ahern & Co
H. R. Burke
E H. Kemper
B Wei
Hertry K. Field
Corby’s
Alexandria Chamber of Commerce
Willam W. Hulfish
Baltimore
Paul B. Hulfish
Arleigh
N. C
David N. Hulfish
Post
Norfolk
Alexanria
Julian ¥ Y Willams
Robert E Knight
Richard Gibson
J Wiliam May
W W S Hallenger
M. E Greens
John H Trimyer
RE Miller
O. H. Kirk
Alfred Thomson
T F Eilis
Hunt Russell
Wo G Rogers
B. Weil
T A Sommers
H. L Reed
M L. Price
Finishing New Coal Pier at Newport News Va
The Chesapeake and Ohio Railway completes an ell steel dumping pier at Newport News costing 1500 dollars. The 1200 foot long deck stands 90 feet above water with 72,000 ton per day dumping capacity and electric pier cars moving coal to hatchable vessel holds. The line plans 4000 more steel coal cars to boost capacity serving large New River Kanawha fields, anticipating increased tonnage via Panama Canal.
MENTIONED IN THIS ARTICLE
Chesapeake and Ohio Railway Company
Newport News
Chesapeake and Ohio
New River
Kanawha
West Virginia
Panama Canal
Record Wheat Crop Likely If Favorable Conditions Continue
Department of Agriculture projects a winter wheat harvest near 690 million bushels if favorable weather persists. The report notes only 21 percent of planted area abandoned, leaving a record 35,587,000 harvestable acres. Kansas is expected to yield 182 million bushels and Oklahoma 25.5 million more than last year.
MENTIONED IN THIS ARTICLE
Department of Agriculture
Kansas
Oklaoma
Also Mentioned on This Page
London Cables
Paris
Northern Pacffic
Missouri Pack
Chesapeake and Ohl
Adams Mixpreas
Amer Condebog
Braden
British American Tobacco
Beiish Amer Tobacco
Catfield Consolidated
Ave Gold
Greens-Cananea
Intercontinental Rubber Kerr Lake Beay
Ta Rose Consolidated
Tiste
Mason Valley
Manhattan
Marcon
New
Maron
Fanagian
Nipisaing Mines
Bim Riker-Hegeman Co
Yukon Golt
United Cigar Stores
NEW York Stock Market
Ruseia
W. B. Hibbs & Co
Baltimore Securities
Stovke
Houston
BS Brewie
Sane
M and C. Bs
Toh Penn
Wat and
P. Fs
United Rys
Elec
Sita
Toe
Wash
Balto
Panama
Steel
New Orleane
Mabie
Gharleston
Lmington
Chicago Grain
Whrong
Alexander
Lincoln
Conant Ia
México
South America
Holland
Washington Cattle Market
Wall Street
Bank of England
Lear Ok
Greene Consolidated Copper Company
Cananea
Sonora
Pri
Potomac
Consolidated Sa
Washington Hallway
Electria
Rigas Realty
City and Suburban Railroad
Chesapeake & Potomac Telephone
Capital Tractions
Reserve Bank
Federal Reserve Banks
Washington Railway and Electric, Pfd
Capital Traction
Washington Gans
Diestrict National Bank
G. C.hough
George C. Hough
Street Northwest
District Supreme Court
Helainger Bros
Flora B. Welch
Louis W. Murdoch
Lipshetz & Bros
Charles T. May
Hayden Johnson
G. T. Havel
Charles E. Welch
Builders’ Exchange
Local Stock Exchange
Ales
Riggs Realty
Ong
Capital Traction Railroad
City Ani
Washington Railway and Electric
I Potomac Electric Cong
Chesapeake and Potomac Telephone
Washington Railway and Electric Preferred
Washington Gas
District National Bank
Georgetown Gas
Ind
Georgetown Gas Bs
Columbia Gas
Columbia Gas and E
Capital Traction Co
Ann
River
Steamboat
Biges Realty
Virginia Ry
Balte Ang
Georgetown
Amer Tel and
Tel. Co
Mergenthaler Linotype
Lanston Monotype
Greene-Cananea Gopper
National Bank Brooks
American Capital
Ie Columbia
Amer. Security & Trust
National Savings and Srmat« Nion ‘Cruft Company
Washington Loan
Ye ‘Trust
Continental
Home Savings Bank
Commerce and Savings
East Washington Savings
Arlington Veers
Corcoranne
Local Produce Market
Guy
Spot
Northern
Southern
Southorn
Cleveland
LC. C
Southeast Territory
United States Treasury
NEW York Grain
Board of Aldermen
Prince Street
Helier
Alderman Summers
Women Council
Work Council
Miss Bell
Mary Elizabeth Bell
Dukestree
John Lee Allison
Second Presbyterian Church
Presbyterian Cemetery
Sapybal
The
Riggs National Bank
Co-Operative Building Association
F Street
John Jot
Washington Loan & Trust Co. Cor. Dth and
Fats
Inpissing
Jones & Baker Stock Brokers
Broad St
Afl
Munsey Trust Company
Frank A. Munsey
First Trust
Real Estate Trust CO
Tel
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
Jv. W
J. Thilman
Hendrick Brenprick
15Th St
N. W
Washington Stock Exchange
Inmiranc Co
the Sunday Post