Stocks Rise Slowly on Busy Market Amid Uncertain Outlook
The New York stock drift on May 13 showed a slow upward trend with limited volume as traders held back. Leading shares closed firmer by about 50 points from yesterday, with cautious outlook due to unresolved market questions and Europe acting as a moderate buyer.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Wall Street Gossip on Dividends and Market Outlook
The article discusses how stock valuations hinge on declared dividends amid sparse earnings data. It notes Chesapeake and Ohio reporting a gross increase for the first week of May, with a regular 14 percent quarterly payment announced. Kansas City Grain Exchange members forecast bumper wheat yields across Kansas, Missouri, Nebraska, Oklahoma, and Texas, while rail maintenance and dividend plans are highlighted for the year.
MENTIONED IN THIS ARTICLE
Spsegel
Spraad Dradends
woNeIma
Poodaie
Penn
Qesbaedo Aos
Dsc Ess
Kansas City
Southwest
Kansas City Grain Exchange
Kansas
Missour
Ustear
Nebraska
New York Stock Market Showed Scarce Selling Pressure
The New York stock market traded with little selling pressure as stocks remained scarce, signaling a sold-out condition and a relatively strong technical position. Steel demand was heavy with large short-interest estimates, aiding a rally as bears covered. London’s resumed trading and foreign buying lent support, with London on balance taking 10,000 shares. Some previously weak issues like Pennsylvania and Jersey Central hit new movement lows while Canadian Pacific faced persistent selling. Consolidated Gas showed unusually active trading and became a market standout, while bonds held steady with total par value sales around $1,250,000.
MENTIONED IN THIS ARTICLE
London
Pennsylvania
Jersey Central
Canadian Pacific
CURB MARKET AND TREASURY RATES IN NEW YORK
Market bulletin from New York May 1 shows money on all steady with 2 3 4 percent ranges and various bills and bonds. Dealers note trading in government and railroad bonds and mentions sterling and Mexican dollars amid shifting rates.
MENTIONED IN THIS ARTICLE
New York
Erata
Washington Stock Exchange reports and counterfeits noted
Prices drifted lower on the Washington Stock Exchange with weak demand and reduced bids. Mergenthaler fell to 215 3 4 while Lanston rose to 850, Capital Traction slipped to 120 1 2, and Washington Gas showed no gains. A general note of steady investment activity with limited trading across bonds and a counterfeiting alert on Indian head $5 notes circulated by the same counterfeiters who hit $1 bills earlier. Howard M Etchison files for bankruptcy. Mutual Securities Corporation seeks dissolution with a court-appointed receiver possible. New York cotton futures edged higher before closing steadier. various grain, cattle, and beef notes follow.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Mergenthaler
Lanston
Capital Traction
Washington Gas
Washington Railway
Union Trust
Washington Loan and Trust
U. S
Secret Service
New York
Boston
Philadelphia
Securities Company
Mutual Securities Corporation
District Supreme Court
John W. Valentine
James H. Johnston
John M. McCoach
Samuel G. Wright
George W. Davis
Timothys. Scanlon
William 0. Dickey
H. Winship Wheatley
H.G
Citi zens Savings Bank Elects Three New Directors
Three new directors were added to the Citi zens Savings Bank board at its annual Alexandria election yesterday. The new directors are John H. Macgruder G Wordlinger and L C C Wilson. Officers and a long list of senior staff were reelected, and the Real Estate Trust Company bought the Patomar Realty building at 120 Sixteenth Street NW for about 75000 dollars as an investment.
MENTIONED IN THIS ARTICLE
G. C. Burns
Wharton EH. Lester
J. A. Sample
S. I. Bessellevre
B. R. Walters
J. Clarence Price
Harry M. Packard
Robert Armour
W. W. Bowie
A. P Crenshaw
J. M. Scranage
P. G. Affieck
J. H. Corning
W. H. Martin
E. J Quinn
William P. Chalke
James T. Gibbs
Charles A. Drake
Henry S. Powell
William F. Abbott
John Quinn
E. J. McQuade
Anson S. Taylor
William T. Ballard
L. M. Took
A. E. Riddle
Wiliam H. Kerr
Dr. Willa T. Gill
Ree Fulkerson
John V. Macgruder
G. Nordhinger
L. ©. Wilson
Patomar Realty Company
Sixteenth Street
Real Estate Trust Company
Wilding
Holland Bridges Waterways Spending With Rail Growth
New York May 13 Dr Charles Casoretty, France's leading engineer, noted vast U S outlays for waterway improvement versus rail expansion. He cited Erie Canal and Cape Cod Canal costs, Soo area projects, and Panama Canal, predicting up to 500 million in waterway investment to boost commerce, while rail funding remains harder to obtain. The piece compares federal and state funding roles and argues waterways now drive national growth more than rail alone.
MENTIONED IN THIS ARTICLE
New York
Charles Casoretty
France
Wass
Ameoune
Railga
Tasoretty Witl
Fault Ste Marie
Superion
Wichigan
Huta
Superuior
Uantic Ta
Great Britain
Long Island
New York City
Buzzards Bay
Massachusetts
Massachusetts Bay
Cape Cod
United States
J. J. Hill
Pennsylvania Railway Company
Vanderbilts
Greater New York
Cape Cod Canal
Panama Canal
Erie Canal
Great Lakes
Suez Canal
Far East
India
Casoretty
Canada
British North America
Holland
Permits B and D Bond Issue by Baltimore and Ohio Railroad
Baltimore and Ohio Railroad wins final order permitting a 63.25 million dollar twenty year gold bond issue. The Public Service Commission acts to enable distribution before May 15 following the Court of Appeals ruling limiting its interference to bona fide use. A preliminary order was issued February 21 with final action awaiting the appeal court opinion.
MENTIONED IN THIS ARTICLE
Baltimore
Public Service Commission
Baltimore and Ohio Railroad
Court of Appeals
New York Produce Prices May 1 Market Report
Steady to unchanged quotes across dairy meats and commodities. Butter and lard hold firm while eggs firmed with varied grades and regional differences. Coffee, cottonseed, petroleum, sugar, and grains show stable to steady readings with minor regional adjustments in quality and supply.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Chennery
State
Pennylvania
Heavery
Middle West
Muscovado
Rio No
Santos
Cordova
Bermuda
Baltimore Markets May 13 Wheat Corn and Livestock Prices
Baltimore markets report mixed prices across grains and live poultry. Wheat and corn contracts show firm notes while oats and rye vary. eggs and butter list per-dozen and per-pound ranges. Live poultry prices reflect age and weight categories with regional distinctions. potatoes and butter figures also noted.
MENTIONED IN THIS ARTICLE
Kent Island
Maryland
Pennsylvania
West Virginia
Ohio
New York Central Plans Unification of Lines
J P Morgan & Co said New York Central and Hudson River Railroad will unify key lines to simplify corporate structure and broaden financing for improvements. A stockholders meeting is set for June 15 to approve plans, including a possible merger with Lake Shore and Michigan Southern Railway and other New York Central lines west of Buffalo. The plan uses Lake Shore stock as security for bonds, with 76 percent bondholder approval needed for consolidation. Bondholders may exchange 3 1/2 percent bonds for 4 percent bonds after consolidation, with total new mortgage not to exceed 167,102,400 dollars.
MENTIONED IN THIS ARTICLE
New York
Allis-Chatriers
san American /gricultural Se
American ‘el
Tel
American Tobacco
Armour and Co
Wee
Atchison Gen
Atchison cv
Wee Atchison cv
Atlantic Coast
Baltimore and
Ohio
Baltimore and Ohio
Lyn Transit Co
Wees Central of Georgia
Central Leather
Hesapeake
Chesapeake and Ohio
Ade
Bates
Chicago and Alton
Chicago
Quincy
Fen
Mil
St Col
Colorado and Son
Aware
Hudson
Denver and
Rio Grande
Erie Eerie
Erie
Tlinois Central
Marine
Inter
Japan
Mae
Lake Shane Ge
Louisville and
Nashville
Missouri
Kan
Texas
Pacific
Rys. of
Mexico
York Central
Speartford
Western
Treasury
Northern Pacific National Bank
Oregon
Loulean
San Fran
St. Louis
Louis Southwestern Com
Philippine Treasury
Southern Pacific Col. Ds
Southern Pacific cv
Southern Pacific R. R
Bass Southern Railway
Gedferal Fund
Union Pacific
Uthern Railway
Union Pacific Cy
Ific
U. 8. Steel
Chemical
Wisconsin Centreetinghouse Electric Co
Itana Co
Washington Gas
Mergenthaler Linotype
IBA
Lanston Monotype
Tinton Trust
Washington Loan and Trust
Capital Traction
Washington Railway and Electric Preferred
Georgetown Gas
Age OF New York
Westonston
Ea. Tock
Galventon
New
Capital Traction Co
Angcostis and Potomac
Mobile
Columbia
Okomac
Norfolk
Amer
Pet
Teleg
Baltimore
New Riggs Realty
Boston
Philadelphia
Sopital ‘Traction Co
Wegesa
Texas City
Norfolk and
Ash
Steamboat
Brunswick
Gantington
Jacksonville
San Francineras Bose Fasten Light and Fuel Co
Houston
Telegraph
Meresnthaler Linotype
Memphis
Little Rock
Porte
Ain
Continent
Great Britain
France
Continent Farmers and Mechanica
Port x Niet
Great Triton
Trust Company
National Savings Anderican Security and Trust
Union ‘Trust Company
Washington Loan
Rand ‘Trust
United States
Continental
Citizens Savings
Aazo
Union Sa
Artincion
Orcoran
Jremen
Athe National Union
Otomac
Cohamma Title
Chapin Sacks
Col. Pay Miz
Mer
Transan
Security Storage Co
New York Central and
Hudson River Railroad Company
J. P. Morgan & Co
Lake Shore and Michigan Southern Railway
Lake Shore
Michigan Central
Houston seeks farm data for rural organization service
The Department of Agriculture requests outside suggestions as it plans its new rural organization service set to start in about two weeks. It invites input from Dr. William Thompson of Ohio State University Prof. William D. Hurd of Massachusetts Agricultural College and Dr. Thomas N. Carver of Harvard University who will lead the work from June 1 along with Secretary Houston.
MENTIONED IN THIS ARTICLE
Department of Agriculture
William ©. Thompson
Ohio State University
William D. Hurd
Massachusetts Agricultural College
Thomas N. Carver
Harvard University
Houston
Washington Produce Market Prices for Fruits and Vegetables
Virginia Pennsylvania Maryland and Delaware fruits and vegetables in good demand. Live poultry and butter prices listed. Potatoes new and seed, onions, mushrooms, peppers and many green fruits shown with crate and box quotes. Wheat oats barley futures and cork and other commodities noted with market conditions.
MENTIONED IN THIS ARTICLE
Virginia
Pennsylvania
Maryland
Delaware
Elgin
New York State
New
West Virginia
Texas
Florida
Legal Record of Claims and Appeals in US Court Proceedings
The United States Court of Claims and United States Court of Customs Appeals convened with multiple cases listed. Proceedings covered Brig Irie, Schooner Warmons, and various patent appeals, civil actions, and lunacy hearings. Court composition included Chief Justice and Associate Justices. numerous motions, briefs, and injunctions noted.
MENTIONED IN THIS ARTICLE
United States Court of Claims
Bambe
Cartes Bo Howre
Fenton W. Booth
Samuel S Harney
George W. Atkinson
Kapalomassier Meters
Butterfinig
Charles Coegett
Ant
United States
Irie
Cuark
United Seares
WA Cdaget
Miro
Meners Curtis & Mike
PF OW
Berti
Trig
Lunterfie Toe
Mroj
Theron
Peter
United Rates
United States Court of Customs Appeals
Presen Pre
Tadae Montgomere
Tucges Smyth Barber de Vries
Martin
Cmfender Wen
Ruckert
Straus
William L
Wemrple
Howard T Walden
Wilden
Wem
Wd AM
Aigumert
Charles BE Mihal
Gallaghe
United
Wyman
Charles E. McNab
Court of Appeals
District of Columbia
Juasticn
Justice Robb
van Orsdel
Polen
United States of America
O'Brien
George H Rowe
Commissioner of Patents
Shepard
Real Estate Transfers in Washington Areas
Real estate transfers listed across multiple additions including First Addition to Washington High Lands, Tontown, Petworth and Petworth to Hazelle T. Steel. Transactions show buyers such as James N Thompson, George J Cleary, Benajah D Dyas, and Virgil G Williams with parcels in squares 612%, 310, 141, 100, 10 and 107, all with nominal sums. Continued on Eleventh Page.
MENTIONED IN THIS ARTICLE
Washington Highlands
Charles G.taylor
James N. Thompson
Sarah Cleary
George J Cleary
D Street
Fred A. Norway
Benajah D. Dyas
Tontown
Fred McKee Et al
Jane C. Williams
Square &Itf
HIGH
Edwin Guthris Et
Also Mentioned on This Page
Europe
Wall Street
Chesapeake and
Onto Today
Iutchison
Agaist
NEW York Stock Market
Curb Market
THE
United States Treasury
Chicago Grain
Baltimore Securities
Epwsspal
Adams Express
American Steel Foundry
Anglo-Amer
Gilalee
Alaska Goldeden Bag
Braden
Brit -Amer
Tobaa
Giroux
He Greane-Cananea Bos
Hollinger
Tae Marcon
Marcon
Sip
Nipissing Mines
United Cigar Stores
Eiz
Centennial Peene
Doyle
Copper Range Con. Co
Hast Butte
Franklin
Girroux Consolidated
May
Granby Consolidated
Greene-Cananea
Bale Mohawk
Athy
Nevada Consolidated
Fpork
Nipissing Mines Oo
TBM
North Lake Thly
Abe
Uw & Utan Copper Co
Maya
Bac Hawk
Ted Powar
Ble Inc
Lehigh Valley
S. P
S. M
Wmo
Kans
Tex
Lam Car and Foundry
Missouri Pacific Bby
National Biscuit
Ter Securities
Lecoritiv
West
Daag Am
Norfolk and Western
Am Sugar Refiniig
North American
Arm
Northern Pacific
Pacific Mail
Anaronda Reining
Atchison Sanders
People's Gas
Atchison
M. P
St. L. Alantic Coast
Pittsburgh Coal
Ethlehem Steelway
Wey
Brooklyn R. T
Pullman Palace
Republic I
Kesapeake
eBay
Rock Island Co
China
jSeaboard Air Line
Colo
Meete Linens
Seaboard U. I. Pfd
Consolidated Gas
Sloss-Shef
Southern Pacific
Delaware and Hudson
Southern Railway
Denver
R. G
Southern Rwy
Tennessee Copper
Distillers Securities
Texas and Pacific
Erie Ist
United States Realty
United States Rubber
United States Steel
Great Northern Pfa
S. Steel Pfa
Great North
Kitah Copper
Tinols Central
Caro. Chemical
Caro. Chem
Pfd
Interborough. Met
Interborough-Met
Wabash Inter
Harvester
Wabash Pa Inter
Marine Pidow
Western Mary
International Paper
Western Union
International Pump
Weatinghouse Elec
Kansas City Southern
Local Financial
Postal Savings
Charles H. Fallaway
Division of Finance
Post Office Department
Howard M. Etchison
Afteenth Street
Chisgs
ATG
Ae Tong
Eveland
Londo
Dts Service Commission
Cire
Washington Cattle Market
NEW York Central Plans
Lake Shore Lines
Washington Produce Market
NEW York Grain
Comiaal
Excelsior Shea Company
RF. Whitehead
James Hemiston
Bower Vs. Gray
C. EB. Brock
A. V. Becken
Appellee
Brown
Lane
Co. E. Wright
Appelles
Hubbard Ve. Berg
W.H. Kenyon
T. J. Johnston
W. H. Kerryon
Jeffery T. Feres
George W. Rea
R. Whitehead
George W. Head
Hurd
Lynchburg Investment Company
Rudolph
Mc Reynolds
Clark
Cobb, Clements & Wright
Tally Va
Tally
Coldrem
Sacraiy
Darlington
Sullivan
Fleming
Capital Traction Company
Webb & Forrest
R. Ross Perry
Moore
Huldekoper
Wilcon
Supreme Court
Lquity Court NO 1
Justice Barnard
Cornwell & Sons
Lewis Hotel Company
Patitioner
Ralaton
Siddons & Richardson
Conger Pros
Luber & C
Webster Ballinger
W A Johnston
Pettioner
F Sprigg Perry
Frank Healy
Peyser
Baker & Hogan Columbian Banking Company
MrAdoo Et al
Ralston, Siddons & Richardson
George P. Hoover
John R. Aitken
Hinton National Surety Company
Kitson
N. S. Fawcett
Plaintiff
Hinton Meeds
McCurry
Milan & Smith
William Henry Dennis
De_ Laveaga
McAdoo
Halston
Siddone & Richardson
Fletcher
Equity Court NO 2
Justice Andersen
Jackson
B. le Gien
F. B Fox
Tracy Ve Tracy
Plains
S Hillyer Hopper
Hopper
Row Fieharty
Carthy
Gefendant
A H. Ferguson
Thomas B Arnold
Union Trust Company
McAlester Street Car Wall Box Company
Johnson Va Johnson
George F Collins
Baxter
Poe Lesh
Birney
Birney & Wondara Lewisie Hopkin
Fred H Rhodes
Elbert Johnson
Kappler & Merillat
Todas
Sahord Ys MacVeagh
Glassle
Hinton
Lougivans
Fay
Simmons
Ridout
Bilgin
Colbert
Circuit Court
Calef Justice Clabaugh
Charonaz
Cprclit
Justice Wrient Tagiin
Spyern Sire
Pheiutil Ovtrome Asa Eh Ingtondefendanes Attorneys
of Lear Agan F
RS Huldekoper Rawle Ve Nash Emotien
Atromes Delin Heer Eteidane Attorners
AA Blam
Borsell
Guruck
Lealstor & Biate Stimpson
Jeffords
Atorneys Hamilton
Yerkes & Hamilton Badder & Garter
Martin Wa
Daciels Mothen
Dar & Peveer
Wor Balderston
Acorne
Twa
Farmers
Merchasre National
Mere of
Sarg — U. Mas
Atterneye Turner Dati
Worthing of Fate
Traction Fom
Tere
San
CRM
Justice Stators
Paren
Onlymere
Mackey
Ridour
Adviaass
Rhodera
Tetlaw
Johnson “Tobriner
Corzenave
Lleyd
Smith Noid Angier
Forht
Hamilton Yerkes @ Hamiton
Sleman & Lereh
Justice Anderson
Ellen Foley
Aled
Henry D Geddings
Mary R Geddings
John L. Cassintate
Thomas Walsh
Thomas D Walsh
Attornerd
Topper & Gusack
Franz K. Lechbechler
Bak & Hogan
Mary A Hagerty
Attornes
Baker & Hogan
Mary T
Joseph Leiter
Seymour Murrin
Bend
Ab Sorneys
Berry & Minor
Intercntual Securities Company
de Lavenge Et al
William G. McAdoo
Ralston, Siddons & Richardon
Eile M. Bain
Frank J. Bain
George H. Macdonald
Howard M. Etchteen
Fifteenth Street
Northwe
John Ridout
Herman W. van Senden Ve. Patrick
Municipal Court
Pintiff
Charles Pos
Elisabeth Browning
Henry Payor
Plaintif
Jobn Ridout
L. L.perkins
Naval Indesnity Co
Frieze M
Bonds Building
Washington Loan& Trust Co. Cor. Ltd
F Sts
John Joy Edson
Swartzell, Rheem & Hensey Co
N. W
Lewis Johnson & Co
Bankers
Pennsylvania Ave
New York Stock Exchange
Foreign Exchange
Ray Road
Lawrence Barnum & Co Bankers
N.washington
Bass Bontameres
Washington & Southern Bank
Selwyin Tait