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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

May 10, 1913

Page

2

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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