Pressure on Leaders and Market Decline Abroad
New York May 21 reports a weak stock market with reduced volumes and conservative professional activity. Leaders like Sears Roebuck and United States Steel show dullness while London money scarcity weighs on demand. stocks such as American Telephone and Star, Lehigh, and various rail and commodity issues drift lower amid cautious trading.
MENTIONED IN THIS ARTICLE
Sears Roebuck
London
New York
Steel
Lehigh
Vauithary
Staras Roebuck
CURB MARKET REPORTS AND GRAIN PRICES ACROSS MARKETS
New York and surrounding markets show mixed activity with wheat steady near 1.18, corn dull, and oats in quieter trading. Prices for butter and poultry range widely, reflecting regional demand. Western whites at 3% above or below, and regional butter values quoted across Maryland, Pennsylvania, and Virginia.
MENTIONED IN THIS ARTICLE
Meryland
Pennsylvania
Maryland
Virginia
Daly
New York Cotton Market Rises on Covering and Demand
The New York cotton market moved higher on covering by recent sellers and demand signals, with forecasts of showers aiding the outlook. Spot cotton rose about 10 pins, middling Upland near 11.60 and Gulf around 11.65. Futures closed higher across several contracts amid thin liquidity and unsettled conditions.
MENTIONED IN THIS ARTICLE
New York
Uplands
Gulf
Ollis Lot Suly
Wista
Sunvs
Ther
Global Market Notes and Commodity Quotes May 21
New York and regional markets report mixed activity. Bonds and stock prices show modest gains in New York, with copper, brewing and locomotive shares cited. commodities including butter, flour, and sugar show steady to firm levels. Weathered grains, pork products, and potatoes feature in receipts and pricing data across several exchanges.
Washington Railways and electric stocks dominate local market rise
The local security market shows increased activity with gains in street railway stocks and bonds. Washington Railway and Electric preferred remains prominent, with gains in common, Mergenthaler, Lanston, and Capital Traction trading, and Edward J. McQuade named vice president of Citizens Savings Bank after a long tenure in local finance.
MENTIONED IN THIS ARTICLE
Busi 5 Nous
Washington Railway and Electric Preferred
Mergenthaler
Lanston
Capital Traction
Eastern Light
Washington Gas
Capital Traction Ba
Washington Railway and Electric 4A
Powmac Electric Consolidated
E. J. McQuade
Edward J. McQuade
Citizens Savings Bank
McQuade
Washington
Home Life
Capital Traction Railroad
Potomac Electric Consolidated A
Washington Railway and Electric Common
Eastern Light and Fuel
Mergenthaler Linotype
Lanston Monotype
Union Savings
Washington Railway and Electric
Zeorretown Gas
Tod. de
Gee Se
Capital Traction Co. Bs
Potomac
Columbia 3d Mort. Se
Columbia Railway Fs
Hotion Metropolitan Ta
Ash. Railway and Electric
Bim Wat, Alex
Mount Ver
Potomar Electric
Ches, and Potomac
Potomar Electric Power
Louse Nto
Amiens Re Mee
Eee
Wallontos
Nariotk Ua Taste Standt
Rigas Realty
Riggs Realty
Wate Railway
Rly
Washiostominginia Hwy
Washington-Vicetnla Rey
Norfolk
National Bane
Lincoln
Ity and Trust
Ano Sato Savina and Trust
United States
Citizens Savings
Nemamerceari
East Washington Savings
Mercantile Savings
Artington
Fireman's
Nations
Uni
Columbia
Shapin Sacks Co
Emerson Steam Pump Co
American Graphophone Com
Live Stock Markets Report From Chicago and New York
Cattle receipts 2 500 head in Chicago market steady to one cent lower with varied bids for Western steers cows and calves. Hogs receipts 12 000 steady with prices for light mixed and pigs. Sheep and lambs receipts 14 000 slow to steady with natives Westerns and lambs showing range and bids. New York shows nothing doing, steady feeling in calves sheep and hogs markets.
MENTIONED IN THIS ARTICLE
Chicago
Mass
Reeves
Texas
Western
New York
Lambe
Wall Street Gossip on Corporate Changes and Market Outlook
Directs United States Rubber to raise authorized capital to 120 million dollars with 40 million common and 80 million preferred. A 5 million dollar common stock dividend, 20 percent of outstanding, is planned. Commentary on bridge plans, Alton earnings, coal strike impact, and copper stock signals. William Sproule comments on development, not new financing, while Union Pacific and National Lead discuss dividends.
MENTIONED IN THIS ARTICLE
Kansas City Southern
C. South
Gongbh -Jlaclede Gas
Lehigh Valley
Louis
Nash
Minn
Loula
Amy
Ann
Tex
Mitusouri Pacific
National Biscuit
M “Va
New York Central
Northern Pacific
Pacific Mail Ie
Pennsylvania
People’s Gas
LSTL
C. C
St. L
Pittsburgh Coal
Sal. i RR
Pullman Prince
A & Is
Ray Consol
Republic Steel
Republic Steel Pra
Rock Island Co. Tang
Rock Island Co
Seaboard Air Line
S. F.2d PLC
St. Louis
Bt. Louis
Southern Pacific
Southern Railway
Southern Railway Ptd
Tennessee Copper
Texas and Pacific
West
Union Pacific Ht
Union Pacific Ptd
United States
Hubber
United States Steel
Caro
Chemical
Caro. Chem
Wabash Tal Tm
Wabash Pia
Western Maryland
Westinghouse Elec
Western Union
New York
United States Rubber Company
William Sproule
Southern Pacific Company
Oakland
San Francisco
Union Pacific
Harriman
Alton
Money Market Update From New York May 1
New York money markets show the call rate steady around 2 percent with a bid around 2 per cent and offers near 3 percent. Time deposits steady with near 3 percent. Prime mercantile paper quoted at around 6 percent. Exchange rates firm with limited actual business, bankers' bills around 4.84 for 90 days and 4.57 for de-33% exposure, Mexican dollar notes noted.
MENTIONED IN THIS ARTICLE
New York
Sterting Exange
Billy Wt
No Bicker by Morgan Percival Roberts Jr Testifies
Percival Roberts Jr director of United States Steel and a defendant in the Sherman act suit testifies on American Bridge Company. He denies initial intent to monopolize. cites output shares, plant counts, and collaborations with J P Morgan Co in stock exchange offer without director knowledge. He notes limited public price negotiations and his personal awareness prior to the offer.
MENTIONED IN THIS ARTICLE
Percival Roberta, Jr
New York
Percival Roberts, Jr
United States Steel Corporation
American Bridge Company
Roberts
Bridge Company
The
Steel Corporation
J. P. Morgan & Co
Roberta
J. T Morgan & Co
Charles Steele
United States
Sunrenye Disarte
Columbia
Newark
New Jerse
Pompton
Passaic
Jersey
Harry Lameon
Alfred Sms
Aulick Palmer Varsha
Adamo A Werchler
Suit to oust Pierces in Waters-Pierce case in St Louis
In St Louis on May 21 Henry M Tilford a Standard Oil director filed suit in the United States district court seeking an injunction to remove H Clay Pierce his son Clay Arthur Pierce and Waters-Pierce Oil Company officers and directors from control The action is part of a broad Standard Oil push to seize control of Waters-Pierce from H Clay Pierce
MENTIONED IN THIS ARTICLE
St. Louis
H. Clay Pierce
Clay Arthur Pierce
Waters-Pierce Oil Company
United States District Court
Henry M. Tilford
New York
Standard Oil Company
Waters-Pierce Corporation
Bankers Offer Bethlehem Steel 5 Percent Bonds
Banking firms Hallgarten Harvey Fisk and Salomon jointly offer 15200 5 percent 20 year gold bonds of Bethlehem Steel Company secured by first lien mortgage real estate and plants. Proceeds retire notes purchase extension mortgages and boost working capital. Total pledged assets exceed 32 million with substantial company assets beyond liabilities. Bonds payable May 1 and interest May 1 and November 1.
MENTIONED IN THIS ARTICLE
C. M. Schwab
Eethienem Steel Corporation
Mesars, Kuhn, Loeb & Co
New York
Bethlehem Steel Company
Bethlehem Steel Corporation
Eatate
Bethlshem Steel Company
Bethleham Stre! Corporation
Mesars
Price, Waterhouse & Co
New York Stock Exchange
Messrs. Hallgarten & Co
Harvey, Fisk & Sons
William Salomon, & Co
Chicago Grain market steadies as futures edge higher
Chicago brokers report renewed buying sentiment in wheat with a firmer close and gains across futures. Corn and oats also rise with May and July contracts showing modest upturns amid renewed confidence among buyers.
New York Grain May grain prices rise on firm futures
New York May 71 Wheat spot values hold near 1.21 on No 2 red with nearby futures firmer on demand and lower stocks. May closes around 1.19 and July about 1.187-18. Futures nominal while receipts show 7 873 oats 77 775 barley quiet. details list several grades and delivery terms.
MENTIONED IN THIS ARTICLE
New York
LUSK
Sido
Pebseylvania
Metal Market Mixed Copper Prices and Exports Report
New York May 1 Copper prices show irregular trends with spot May around 16.75 and June near 16.05. Export customs indicate 16 tons shipped this month. London copper futures quoted around £14 with spreads noted. Iron leveling warrants priced in London and local markets remain steady.
MENTIONED IN THIS ARTICLE
York
Custom House
London
Norikers
Southern
Southern Soft
Washington Produce Market Prices in Wholesale Report
Florida and North Carolina fruits and vegetables in good demand. Home grown vegetables moderate. Egg and poultry prices listed with regional quotations for winter chickens, roosters, hens, tom turkeys, and geese. Potatoes, cucumbers, beans, peppers, tomatoes, and squash show varied regional pricing. North and South Carolina produce mentioned with multiple farm product terms and price ranges.
MENTIONED IN THIS ARTICLE
Florida
North Carolina
Elgin
New York State
New
Virginia
West Virginia
Southwest
Tom Turkess
Michigan
Texas
Carolina Pens
Noroik
Askel
South Caroling
Cate
Bush
North
Garona
Carolin Cauligower
Philadelphia Markets May Report Sparse Grain and Produce Quotes
Philadelphia markets show mixed commodity prices with wheat and corn edging higher while oats advance. Butter and cheese hold steady amid regional notes, with potatoes, sugars, and poultry quotations fluctuating, reflecting a thin export and local trade environment.
MENTIONED IN THIS ARTICLE
Philadelphia
Washington cattle market veal and lamb prices mixed
Veal calves and lambs show varied demand while poultry markets remain steady. Prices per cwt and per lb appear garbled but indicate values close to those seen a year ago, with range shifts across veal calves medium and small categories and fluctuating roving lambs. Domestic market tone suggests parity with prior year.
Proposals invited for DC police station wiring project
Sealed proposals are requested by the District of Columbia on May 20 1912 for furnishing and installing conduits wires fixtures and related work at the Police Precinct Station in Washington. Drawings and necessary information available from the Purchasing Agent. Officials listed include B Budoleh J A Jone ton Wm Judson and others.
MENTIONED IN THIS ARTICLE
Commissionery
District of Columbia
Washington
Elst
Frecine Starlon
Marta
Saiser BO Cong B. Budoleh
Joen A. Joeneton
Judbom
Commie Nese, D. C
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Truster
Mesaro, Simpoos, Thacher & Barcett Feen
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Amsterdam
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wieaIng
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Ith
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F St. N. W
Washington, D.C
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