Market Dull After Advance Amid Bear Pressure
New York stocks edged up slightly as Harriman shares led a small gain but overall turnover was light. Bears pressed early, then reversed. market showed lack of demand and conservatism amid steel forecasts and tariff news. Investment shares fell to yearly lows while cash gains from interior areas offset gold exports. bonds held largely steady.
MENTIONED IN THIS ARTICLE
Harriman
New York
Steel Report
United States Steel Report
California
New York Central
Pennsylvania
Delaware and Hudson
American Telephone
Runnedy
Preferred
United States
Bank Clearings and Washington Exchange Quotes
Washington stock exchanges show regular sales at noon with Washington Gas and Potomac Electric Consolidated 5s, a sequence of bids including Federal National Bank and Mergenthaler Linotype trading around 216 to 217.
MENTIONED IN THIS ARTICLE
Washington Gas Gs
Washington Railway and Electric Common
Washington Gas
Mergenthaler Linotype
Federal National Bank
Potomac Electric Consolidated
Wheat and eggs buoyant as markets note mixed receipts
New York reports mixed commodity activity with steady to firm tones across grains and dairy. Butter and cheese show steady receipts while eggs rise. poultry shows mixed movement with demand for Western fowls and turkeys. Cottonseed oil and raw sugar hold steady as regional figures and credit balances surface in the day’s market brief.
MENTIONED IN THIS ARTICLE
New York
Western
State
Penns
Lvants
Bermuda
Wall Street Gossip and Market Outlook Mixed News
Wall Street shows resistance to Sear selling with hints of higher prices, as foreign markets bought on balance with estimates between 3,000 and over 10,000 shares. Union Pacific and Canadian Pacific favored. London to reopen after settlement. Rumely Company appoints C S Funk president with restructuring to secure $2,001,900 unsecured notes. American Beet Sugar expected dividend hike from 6 to 7 percent. 1912 annual report shows 4.56 percent earned on common stock, down from 13.50 in 1910.
MENTIONED IN THIS ARTICLE
New York
Allis-Chalmers
Ctfs
American Agricultural
American Tobacco
American Tel
Tel
Hig Armmit and Co
Atchison cv
Atlantic Coast
Ore and
Ohio
Mey
Bradstreet's Bank Transit Co
Central Leather
Chesapeake and Ohio
Fo and Alton
Uiney Joint
Eats Inc
Chicago
Quingen
Col
Boston
Pac
Oolorado and Son
Philadelphia
Delaware and Hudson
St. Louis
Rio Grande
Pittsburgh
Kansas City
Erie Prioree
San Francisco
Erie
Baltimore
Cert
Ilinois Central
Washington Gas
Interborough
Cincinnati
Minot
Minneapolis
Japan
Isis
Los Angeles
Capital Traction Co
Cleveland
Detroit
Yaisville
Nashville
New Orleans
Columbia 2d Mort
Fee Issouri
Kan
Texas
Omaha
Columbis
Pilssouri
Metropolitan
Agers Bbg
Louisville
Wash. Railway and Electri Alex
Mount Ver
Misco Pacific Rv
Milwaukee
National Rus. of Mexico
Seattle
New York Central Gen
Portland
Potomac Electric Con. Mort. Se
Toledo
Duluth
Das
Des Moines
Ft . Louis
San Fran
Bt. Louis
Tacoma
Virginia Ry. Com
T. Louis South
Norfolk and Wash
Virginia Ry
Seaboard Air Line
Oakland
Southern Pacific Col
Oc Peoria
Ashington Gas
Southern Pacific
San Diego
Eastern Licht and Fueboo
Southern Pacific R
Dayton
Meare Pal Southern Railway
Sacramento
Union Pacific
Cedar Rapids
Mergenthaler Linotype
Waterloo
Paton F Pari
Springfield
Quincy
Fae
Bloomington
Ogden
Utah
Western
Decatur
Westinghouse
Jacksonville
ITI
Washington
Lincoln
St. Joseph
Metropol
Riggs
Sioux City
Wichita
Topeka
American Security and Trust
Fe National Savings
Union Trust Company
Washin, m Loan
United States Trust Co
Continental
Savin Ban Tocks
Citiverts Savings
Home Savings
Union Savings
Commerce and Sa
Arlington
Franklin
National Union
Potomac
Columbia
Chapin Sac R Co
American Graphophore
Security Storage Co
Eton Market
Tunis
Oand Cuere Salle Lasropean
Comittion
Taonden
Union Parifle
Canadian Pacific
London
C. S. Funk
Rumely Company
Mrunk
International Harvester Company
Rumelty Company
Union Pacific Railroad CO
Broadway New York
Noy
Frederic W . Crosby
American Graphophone Co
American Graphophone Company
Stockhold
Edward Deagson
New York Stock Market Drags on Ex Dividend Day
Friday trading in New York shows continued activity amid ex dividend adjustments. Investors weigh shifting prices as markets reflect corporate payouts and evolving financial sentiment on May 9, 1913.
MENTIONED IN THIS ARTICLE
New York Stock Market
Holland predicts enactment of currency laws at this session
Informants in Washington say President Wilson backs reform of currency and banking laws this session to reduce rigidity and add elasticity. Key figures like Glass push for a system backed by assets and high grade paper, possibly ending government bond use for national bank notes.
MENTIONED IN THIS ARTICLE
Holland
New York
Washington
Congress
Wilson
Secretary of the Treasury
McAdoo
Presidents
Uns
New Fingland
Glass
Carter Glass
Virginia
House Committee On
Banking and Currency
Grasa
National Monetary Commission
Clearing House
United States
Clearing House Association
House of Representatives
Senate
Wison
Congresa
Narrow dull session on local stock market yesterday
Local trading was quiet with light demand as specialists kept orders under wrap. Washington Railway and Electric rose to 92 on modest sales while others showed little interest. Georgetown Gas faded from 110 as bids disappeared. Federal National Bank traded at 13 with sparse activity across banks. Washington Gases at 1031-4 and ware fractions around 1091-2 to 110 were closely held.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric
Georgetown Gas
Mergen ‘Thaler
Lanston
Federal National Bank
Potomac Electric Consolidated
Washington Gases
Dissolution Sought for Tuttle Wightman Dudley Firm
In Chicago grain notes a petition filed in the District Supreme Court by Robert R. Tuttle Frederick S. Dudley Richard Wightman and Charles Carusi seeks dissolution of the Tuttle Wightman Dudley general insurance and brokerage firm incorporated in November 1911. The action is amicable with no debts and solvency claimed.
MENTIONED IN THIS ARTICLE
Tuttle, Wightmon & Dudley
District Supreme Court
Robert R. Tuttle
Frederick S. Dudley
Richard Wightman
Charles ¥. Carusi
James B. Archer
John Lewis Smith
Fine Crop Prospects Gain in Building Activity
Dun's review notes improving crop conditions and building activity across the West and South, with 1 percent April gains from 1912 and Chicago and Pacific slope growth offsetting losses in New York. Textile trade improves with warmer weather while iron and steel deliveries quicken though demand softens. Railroad earnings rise 2.7 percent, and gold exports to Paris persist. Commercial failures rise in the U United States, Canada shows 29.
MENTIONED IN THIS ARTICLE
New York
Paris
Dun
House of Representatives
New York City
Chicago
United States
Canada
SAYS PROFIT WAS MISSTATED IN REAL ESTATE SUIT
Francia S. Carmody sues Simpson Sullvan Company through attorneys F C Handy and E Hilton Jackson claiming 3300 dollars owed for secret profits from a real estate purchase. Plaintiff asserts real price 9200 dollars versus 6200 dollars paid, alleging retained commission was forfeited.
MENTIONED IN THIS ARTICLE
Simpson-Sullvan Company
Francia S. Carmody
F. C. Handy
E. Hilton Jackson
New York Grain Market Summary May Nine
WHBEAT spot firm and afloat demand shown by firmer tones in covering. May 1844, July 97%, Sept 95 4. Corn spot firm, export with 63 nominal fob afloat. Data show standard white oats and clipped varieties at mixed quotes. Barley steady amid activity in grain pits.
MENTIONED IN THIS ARTICLE
Ge” IL
New York
New Northern
Duluth
Money Market Rates In New York Steady Roughly
New York money market shows ready funds at about 3 percent ruling rate near 2 percent, 60 day loans easy, six months around 4 percent, mercantile paper at 5 percent, sterling exchange weak with bankers' acceptances bid at 48.285 for 0 daily, 48.610 for 0-day. Government bonds hold firm while railroad bonds vary.
MENTIONED IN THIS ARTICLE
New York
Rteady
Aterling Exchange
Washington cattle market notes fall lamb prices and hog rates
Fall lambs bring 77 percent spring lambs at 914 10. Hogs sell by the hundredweight around 8 to 9 dollars. Sheep price per pound around 46 cents. Calves vary with weight and grade. Wholesale market remains steady.
Baltimore and Ohio Bond Appeal Wins in Maryland Court
In a per curiam decision the Maryland Court of Appeals ruled that the Baltimore and Ohio Railroad is not subject to Maryland Public Service Commission oversight for financing the system. The appeals involved the sale of 63.5 million dollars in bonds and along with longterm notes. The commission argued financing approval benefits the railroad and could affect its tax exemption. The full opinion awaiting release may clarify the issue.
MENTIONED IN THIS ARTICLE
Baltimore
Court of Appeals
Annapolis
Baltimore and Ohio Railroad
Maryland Public Service Commission
Commission
Suit Against Coal Roads Faces Antitrust Action
Attorney General McReynolds plans a civil suit against Reading Railway and allied coal firms under antitrust law and the interstate commerce act. The Reading case targets the 191 acquisition of Central Railroad of New Jersey and its coal interests by the Reading Company. H. W. Stanley named general manager of the Seaboard Air Line system after earlier Seaboard appoints.
MENTIONED IN THIS ARTICLE
McReynolds
Reading Railway
Reading
Reading Company
Philadelphia and Reading Railway
Central Railroad of
New Jersey
Washington Produce Market Quotations Summary
Wholesale prices for Virginia Pennsylvania Maryland and Delaware show good demand for fruits and vegetables. Listings include live poultry eggs potatoes onions lettuce celery and Florida produce among others with varied pack sizes and per crate or per box pricing.
MENTIONED IN THIS ARTICLE
Virginia
Pennsylvania
Maryland
Delaware
New York State
New
West Virginia
Okra
Florida
Fiertan
Farida
Norfolk
California
Copper market steady with mixed copper futures quotes
In New York May copper market shows firm spot to July 15.23 1576 for electrolytic copper at 15.75 and casting at 15.50. Exports for the month reach 14900 tons with London copper firm at spot 9 12s 6d and futures at 169 rs 2 1KON. Cleveland warrants 684 1 Landen remain unchanged.
MENTIONED IN THIS ARTICLE
New York
London
Cleveland
Landen
Also Mentioned on This Page
Curb Market
Washington Stock Exchange
THE
United States Treasury
Baltimore Securities
Adams Fix Bros
American Steel Foundry
Anglo-American
Alaska
Braden
British American Tobacco
Chicago Subway
Giroux Consolidated
Greane-Cananes
the Moltinger
IMG
Intercontinental Ubber. Co
Kerr Dake
Oear
Oh la Rose Consolidated
Lehigh Valley ¢ Coal Sates Co
Mason Valley
Manhattan Transit
Marconi
Nipissing Mines
Tobacco Products Ltd
Yukon Gold
United
United Cigar Stores Ptd
Centennial
Copper Range Consolidated Co
East Butte
Gene Franklik
Gtrous Consolidated
Granby Consolidated Green
Otraraie
S. Ae
Tay
Paradelpha
OH Cin Pa
May & Credit
Totadla Die Blas
Nord Lima
Southauma
Wooster
Treasury
Philippine
Nationa’ Bank
Panama
Wall Street
Amalgamated Copper
Amer
Agricultural
American Can
Sai
Car & Foundry
Hsi
Car & Mary Ptd
American Cotton Oil
Ice Securities
American Locomotive
Sugar Refining
al Sm. & Ref. Ptd
American Tobacco Ely
Anaconda Mining Co
Atchison
Atlantic Coast Line
Baltimore & Ohio
Bethlehem Steel
Alg
Brook
California Petroleum
Chesapeake & Ohio
Chicago Gt. Western
Chi
Mil. & St. P
Chicago & N. W
Colo. Fuel & Tron
Consolidated Gas
Delaware & Hudson St
Denver & Rito Grande
Denver & Rio Gr
Erie Ist
General Electric
Goldfield Consolidated
Great Northern
Great North
Tineis Central
Haba Ae
Inter
Harvester
Marine Aid Aid Inter
Pump
Kansas City Southern
Pochette
Lacleic Gas
York Central
Ste
Ont
Rock Island Co
St. TL
S&s. F
Seaboard A. L
Sloss-Sheffield
I. I
Southern Railway
Southern By
Tennessee Copper
Es Texas & Pacific
United States Realty
United States Rubber
United States Steel
Steel Ptd
Va.Caro, Chemical
Wabash
Western Maryland
Ask
Western Union
Westinghouse Bloc
Wheel
Lake Erte
HIVE
Local Financial
Chicago Grain
St's
Chiuaga
Kent
Brock
Galveston
Mariana
Mobile
Savannah
Charleston
Quiet
Wilmington
Ha Marrland
Nurtecie
Beaton— Senay
Phiadelphia
Texas City
Boa Aon Ve
Brunewick
Great Britain
France
Rock
Continent
Mexico
Munsey Trust Company
Frank A. Munsey
Simpson-Sullivan Company
NEW York Grain
Washington Cattle Market
W. B. Hibbs & Co
New York Stock Exchange
Waxsington Stock Exchange
Chicago Board of Trade
Hibbs
Washington & Southern Bank
G Street
J. Selwin Taft
Center Market
Public Service Commission
Coal Road
H. W. Stanley
Seaboard Africine Railway
Washington Produce Market
R.dorr
15Th St
National Savings, and Trust Company
15Th
N. Y. Ave
Fifteenth Street
U. S. Treasury
District of Columbia
Seena
Jena
Swartzell, Rheem & Hensey Co
N.W
Lewis Johnson & Co
Ava
Leq
Zerk Stock Exchange
Foreign Exchange
Newspaprel
Rihiye