Market Dull as Stock Gains Recede in Mixed Session
New York May 14 The market failed to sustain yesterday's advance as trading stayed dull and demand remained meager. Wabash and Canadian Pacific led weakness with declines amid broad selling. Paris pays a large gold bonus while bond activity stays easy and NY Central signals cautious optimism despite a large financing plan.
MENTIONED IN THIS ARTICLE
New York
Arriman
Reading
St. Paul
Pennsylvania
Lehigh
Amalgamated
Canadian Pacific
Montreal
London
Berlin
New York Central
Paris
Paria
United States
Washington market summary of bonds and rail issues noon report
Washington Stock Exchange notes Regular call at noon. Riggs Realty 6s with 2,000 at 10234. Metropolitan Railway 5s with 1,000 at 104 and 1,000 at 164. Capital Traction 25 at 120 percent and 25 at 120 percent. Washington Railway and Electric preferred with 1 at SL. Washington Gas 4 at 84 percent, 1 at 85, 4 at ATS.
MENTIONED IN THIS ARTICLE
Riggs Realty
Ong
Metropolitan Railway
Capital Traction
Washington Railway and Electric
Washington Gas
Mergenthaler Linotype
Second National Bank
American Security and Trust
Union Trust
Georgetown
Ind
Washington Gag Se
Railroad
Capital Traction Co
Nee Tot
Columbia 2d Mort
Columbia Railway
Metropolitan
Asa Gee
Railway and Electric
Potomac Electric Con, Mort. Be
Ac Electric
Ches
Potomac Tel
Amer. Tel
Teleg. Com
Wash. Simbe.se
Ree Reeliy
Ang
Iggs
Arours
Norfolk and Wash
New York
Mar
Les
Brook
Ican
Galveston
Norfolkx
Bready
Federal
Baltimore
Boston Uit
Philadelph
Trust Company
Texas City
American Security and National Savings and Truss
Con Brunswick
and Trust
Jacksonville
United States Trust
Tacoma
Housto Continental
Savings Bank Srocks
Augusta— Citizens Savings
Ayer
Memphis
Japan
Great Britain
France
Mexico
AIRCE
Great
Britain
Columbia
Col
Pa. Chapin
Sacks
Security Storage Co
Money Market and Grain Notes Across Cities May 14
New York money market steady with call rates around 2 3 per cent and bankers’ bills firm. Sterling exchange steady with bankers’ bills at 4.84 for 60 days and 4.3835 for demand. Wheat and corn dull lower in Baltimore. oats firm. rye quiet. Live poultry and eggs markets show varied prices with regional differences.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Baltimore
Keot Island
Pennsylvania
Virginia
Southern
Wwe
Middle West
Quist
Rio
Santoa
Cordova
Philadelphia
Greater New York
New York State Bank Or Trust Company
Local Stock Market Tries to Rise Despite Indifference
Local traders report a flat session with little active movement and mixed bids. Prices held firm for Washington Railway and Electric and Washington Gas, while buyers and sellers avoided concessions. several issues showed small upticks but overall activity remained muted.
Wall Street Gossip: Dividend Stable for Chesapeake and Ohio
New York reports assurance that Chesapeake and Ohio will maintain its 5 percent dividend, calming market fears. Illinois Central and New Haven show little reaction to potential dividend cuts. New Haven expected to cut to 5 percent. Stock Exchange to close on Memorial Day Saturday per petition. several industrial bonds yield around 6 percent, with Southern Railway preferred notably strong. Chinese government bonds at 5 percent offered alongside Cuban, Argentine, Brazilian, Mexican, and Japanese issues.
MENTIONED IN THIS ARTICLE
New York
Chesapeake and Ohio
Chesapeake
Earriagen
Tlinois Central
Dia
New Haven
New York Stock Exchange
Board of Governors
Adams Express
Armour & Co
Baldwin Locomotive
Central Leather
Indiana Steel
Electric, Heat and Power Ss
Western Union Real Estate
Southern Bell Telephone
New York Telephone
Southern Railway Preferred
Copper Market Report Amid Mixed London and New York Quotes
The Metal Market notes copper trading with spot and forward offers in New York and London. Prices show slight firmness with June and July positions listed, and large tonnage indicated as 37,458 tons. Irda Steads and Cleveland warrants remain unchanged, while futures quote around £69 10s.
MENTIONED IN THIS ARTICLE
New York
Way
Lake
London
Cleveland
Holland Writes of New York as World's Future Banking Center
New York May 14. Bankers at the American Bankers' Association banquet hear Col. George Harvey and Festus Wade praise New York as the coming global banking hub. Wade urges nationwide cooperation and speedy monetary reform to curb centralized power and improve currency, with testimony sought before Congress.
MENTIONED IN THIS ARTICLE
Holland
New York
American Bankers’ Association
Col
George Harvey
Festus Wade
St Louis
Mr. Wade
Mississippi Valley
St. Louis
East
West
Wade
B. F. Yoakum
United States
James Stillman
Stillman
New York City
London
Congress
Glaas
Con
Gress
Giagsa
American Hawkers' Association
New Orleans
Southwest
Weert
Wall Street
Londom
National
United Kingdom
Son Born to J Pulitzer
Special to The Washington Post from St Louis reports a son born yesterday to Mrs Joseph Pulitzer Jr wife of the president of the Pulitzer Publishing Company. The child and mother are doing well and the boy will be named Joseph Pulitzer after his grandfather.
MENTIONED IN THIS ARTICLE
Washington Post
St. Louis
Joseph Pulittzer, Jr
Pulitzer Publishing Company
New York Grain Market Report May 14
NY grain notes show wheat prices mostly easy with May and July futures firmer early then softening on crop and export news. Corn and oats steady with export demand cited. Toledo and Pennsylvania balances and shipments reported for May 14 with mixed regional prices and standing figures.
MENTIONED IN THIS ARTICLE
New York
Northern
Duluth
Hearth Crop News and &Ight
Harley
Alexandria Council Considers New Revenue Bill
The Alexandria council committee on finance proposes higher license fees on liquor and related trades to boost annual city revenue by about $5,000. New rates target wholesale and retail liquor, malt liquor, hotels, brokers, pawnbrokers, billiard rooms, steam laundries, barber shops, and other services.
MENTIONED IN THIS ARTICLE
Alexandria
Washington Post Bureau
King Street
Idw
Uceneca
Committee On Finance
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C. P
Baltimore Securities
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Washington Cattle Market
Arne-Chalmers
Ican Tel
Tel
Armour and Co
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Peaia
Altonatede
St. P
R. BS
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Hartford
Estern
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Anc Cr
Norien Pacific Ag
Ee Bt
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Ware
Gem
Western Con
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Southern Railway
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Inion Acne
Pacific Ist
Steel
ja-Car Chemical Se
National Bank of Baltimore
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United
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N. O
C. My United
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rAm
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Ita
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Brooklyn R. T
Republic I
Rock Island Co
Chicago G. W
Chi Mil
Chicago
N. W
S. L
China
Seaboard Air Lins
Colo
Colo. Fuel and Tron 31%) &T 36 Seaboard U. L
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John Jay Edson
Ellen
Frank P. Reeside
Pbrpin
Job Barnard
Fredk. V. Coville
Gilbert H. Grosvenor
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Inc
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Jno
B. Larner, Fredr
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W. B. Hibbs & Coo
W York Stock Exchange
Chicago Board of Trade
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15Th
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Ana Investments
Swartzell, Rheem & Hensey Co
Lewis Johnson & Co
Pennsylvania Ave
Stork Earhargs Membere Washington Steg Frorange
Urrul
T. Foreign Exchange
The Riggs _ NATIONAL BANK
Washington & Southern Bank
SAN
Co. Noo
Americas
Conyang
Edward D. Easton