Stocks Weak at Close as Wheat Rally Dampens Markets
New York traders faced a light, uneven session with only a few notable stock moves and total volume around 338000 shares. A surge in wheat prices amid crop damage reports and uncertain bond weakness weighed on sentiment while National Lead raised its quarterly dividend and Chesapeake and Ohio drew attention for a possible bond issue.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Stock Exchange
Bank of England
Bank of France
National
National Lead
Chesapeake and Ohio
General Electric Company
General Electric
Lielaware
Hudson
Union Pa Tiie
Tlk
Interstate Commerce Commission
Finanial
Lake Shore
Alchigan
Chicago Burlington and Quincy
Ivartery
Geance
Dividend Boost in National Lead Stock Fails to Meet Lofty Hopes
Wall Street notes the National Lead Company declares a 6 percent common dividend, short of speculative hopes for 6 percent. Traders compare Lead with American Locomotive, discuss short interests, and monitor Union Pacific amid upticks in wheat driven by rumors of crop damage. Debates rise over new financings by rail and utility firms as Treasury calls loom.
MENTIONED IN THIS ARTICLE
New York
KE. R Chapman & Co
G. B. Chipman
New York Stock Exchange
American Tobacco
Abs
Atchison General
Atchison Adjustment
Atlantic Toast Line
Baltimore and
Ghia
Baltimore and Ain
Brooklyn Rapid Transit
Central of Georgia
Central of Georgia 1St Inc
Yd Inc
Chesapeake and Ohio
Chicago
Altog Js
Quinney Chicago
Pacific Raiload
Parse Railroad
St. Louis
Colorado Industrial
Colorado Midland
Cotorado
Southern
Cuba
Sane Denver
Rio Grande
Distillers! Securities
Erie General
Hocking Valley
Japan
Manhattan
Mexican Central
Minneapolis and
Missouri, Kansas
Texas
Missouri, Kansas and
National Railroad of Mexico
Consol
New York Central General
New Jersey Central General
Northern Pacific
Norfolk and Western
Oregon
Southern Railway
Texas and Pacific
Toledo, St. Louis
Western Union Pacific
United State Steel
Wabash
Wabash Debenta Western Maryland
Wheeling and Lake Erte
Wisconsin Central
Itp
Union Pacific
Baltimore
Ohio
Southern Pacific
General Electric
Delaware
Hud
Treasnury
Prices and market notes from New York May 16
Financial and commodity report shows money on call steady at 2% with various bill rates. Bond markets soft, gold reserves listed, and New York butter cheese eggs and meat prices detailed. Local Boston and London market notes mention copper, lead, tin, and freight stability amid delivery difficulties.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Ster Exchange
Local Market News Mixed As Stocks Climb And Daily Prices Rise
Observers report steady overall market sentiment with gains in Capital Traction 5s and Washington Railway bonds amid active trading. Gas and mining stocks attract speculation while street railway shares show limited attention. large bond blocks and small lots trade as investors seek secure yields around 4 1 2 percent.
MENTIONED IN THIS ARTICLE
Stock Exchange
Capital Traction
Imade
Washington Railway and Electric 4A
Aitogether
Wheat prices surge on exchange amid bullish grain market
Wheat on the Chicago board of trade jumped above the dollar as July and September contracts hit new highs. The rally drew support from reports of crop shortfalls in Europe and America due to weather and insects. Corn and oats followed wheat upward, while hogs and provisions showed mixed movement amid the market fervor.
MENTIONED IN THIS ARTICLE
B. Hibbs & Co
New York
Washington Stock Exchange
Chift
Board of Trade
Chicago
Europe
America
Washington
Irsu Prometug
Minneapolis
Duluth
Iowa
India
Rita
New York Cotton Market Hesitates Then Rises to New Highs
New York May 16 cotton traded irregularly with initial firmness followed by declines. Prices rallied to a day high for December and January options before closing with gains of about 10 to 15 points. Estimated 492000 bales sold amid weather optimism and bullish South reports.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Owen
New York
Bank Celebrates Anniversary at Fourteenth Street Savings Bank
The board of directors and officers of the Fourteenth Street Savings Bank were hosts at a reception last night in the bank building at Fourteenth and U streets.
MENTIONED IN THIS ARTICLE
Fourteenth Street Savings Bank
Hosta
Fourteenth
U Streets
Cotton Market Rises Amid Short Interest and Weather Woes
The cotton market recovered from yesterday’s decline as large short positions and bull rumors prompted optimism. Analysts warn against relying on single operators, citing ongoing strong demand and higher production costs. Telegraph quotes from R. T. Milner and Theodore Price report severe regional weather, late planting, and widespread crop damage across Texas, Mississippi, Georgia, Louisiana, and nearby states, implying yields far below requirements.
MENTIONED IN THIS ARTICLE
New York
South
Austin
Tex
Texas
R. T. Milner
Grenada
Miss
Talladega
Ala
Dallas
New Orleans
Louisiana
Arkansas
Mississippi
Alabama
Savannan
Gainesville
Mabank
Loaila
West Point
Albany
Newnan
Tuscaloosa
Fall River
Mass
Shreveport
Government
Southwest
Oklahoma
Indian Territory
Theodore Price
FIRE INSURANCE At Lowest Rates and Annuity Adverts
Walter A. Brown 624 14th Street advertises fire insurance at low rates as agent for The Royal Exchange Assurance Co. of London. Mention of assets over 25 million and a bank anniversary entertainment with hundreds of guests, flowers, orchestra, and New York market notes on cattle hogs and sheep prices from May 16.
MENTIONED IN THIS ARTICLE
Walter A. Brown
14Th Street
The
Royal Exchange Assurance Co. of London
Baltimore Markets May 16 Flour Wheat Corn and More
Baltimore market report shows steady flour and grain prices with mixed corn and oats values. Wheat futures firm with various contract levels. receipts and exports listed for several grain classes. butter eggs and cheese at steady to firm levels. sugar unchanged.
MENTIONED IN THIS ARTICLE
New York
Tennsylvania
Furm
City Extra India
Rio
Santos
Duluth
Jones
Minneapolis
Judy
Baltimore
Bouthern
Stade
SRG NH
Washington cattle market sees prices ease on steady shipments
Liberal carload calf shipments from other markets and strong express receipts push the Washington cattle market downward. Lambs of high quality sell at top prices, while medium to ordinary grades and fat clipped sheep lag. Calf values vary by grade with prime calves at 1.47 to 1.87 per pound and common calves around 0.45 to 0.60.
MENTIONED IN THIS ARTICLE
New York State
Western
Virginia
Capona
Maine
New York
Chicago
Express
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Wall Street
James J. Hill
Foundry Northern
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Metal Market
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Capital Traction 6S
TORY
FOSS
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Kansas City Southern Ptd
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St. P & Sault Ste. M
St P
Ste, M
Iug Express
Maso Pacific
Washington Am
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Ice Securities
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Washington Railway and Electric
National A. Re
Washington Gas
Gly
New York Central
Amt Locomotive Ptd
Ontario
Weat
Aarne
Reing
Propig
Pactfic
Fae
Norfolk Ana Wes
Tapacco
Certif. A
Mitchell Mining
American Na
Comda Mining Co
Pacific Mail
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Atchison Ve Ae
Pennsylvania S
Tional Bank
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People’s Gas
LK Baok
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Oso
Pittsboro
St. Li
Obto
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Canadian Pacific
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Washington Gas Company
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Mil
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St. I
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Typt
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Capital “Craetign Railroad
St Louis
Capital Traction Railroad
Colorado Fuel and Iron
Columbia Railroad
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Vthe
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Niled
Georgetown Gas
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Illinois Central
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Interborough-Metropolitan
Babel
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Wisconsin Central Ptd
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Logal Financial
Florida
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Mitchell
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Washington Market Company
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Chicago Grain
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Mac
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Savanneah
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Amet
Wilming
Staades
Worfolk
Tae
Houston
Continent
Tock
Great Britain
Northwest
Washington Cattle Market
the District Title Insurance Company
Washington Title Insurance Company
Thirteenth Street N. W
Ig Limited
John &. Larner
Charles G. Allen
Thomas P. Woodward
George H. O'Connor
George R. Linkins
Letters OF Credit and Foreign Drafts
John Joy Edson
E. & C. Randolph
Broadway
New York Cotton Exchange
New Orleans Cotton Exchange
Liverpool Cotton Exchange
Washington, D. C
G Street
N. W
E.R. Chapman & CO
N. Y. Stock Exchange
N.W
Ravelers
Orient
International Banking Corporation
G St. Tp-town
Conn
Ave
Center Market
Brown & Co. “Bankers and Brokers
Broad St
Waldorf-Astoria
Giles
Munsey
Charles G. Gates & Co
Herbert £. Jones
Principal Exchanges
Swartzell, Rheem & Hensey Co
Warner Building
Sign Street Northwest
Q. Smith
Lee D. Latimer
Chas, J. Nesbit
F. H. Smith Co
Orizaban Syndicate
Andy Hampel
Brakérage Co
Reno, Nev
Washington-Nevada
Attica
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Co-operative Building Association
Equitable Building
Frank P.reeside
Exchange
Riggs
Pa. Ave
U.S. Treasury
Chesley & Spence
Calsrago
G.S. Langdon Commission
F Street N. W
R. M. Weaver
St. Diamond St
Pittsburg
Delphia
Lennox Big
Griswold St
Detroit
Minuti
LH. Crane & CO
F St. N. W
Phow Main
Public Stocks and Grain Co
South Fourth Street
Philadelphia
Washington Branch
E. E. Simpson
Nevada
Stuart Ellis & CO
Maryland
ST. N. W
Frank Kane & CO
R. M. Miner & Co
Ace
Sores Gee E. H W. Potts & CO
Avestment Securities
Lewis & CO
Inceed N
Eiala Slee
Francis R Dooley
Sunday Post
Mali
Prphiye