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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
May 24, 1912
Page
11
Rumors of dividend boosts for Curbs and slight price shifts mark a tepid trading day. Bank of England and Bank of France expand gold holdings while mixed activity from miners and tobacco firms shapes a fragile market tone with little sustained momentum.
Market and stock items from New York on May 22 cover agricultural developments, tobacco, and rail links with references to major lines and cities. Notable entries mention Amery agricultural notes, transport updates, and mine quotations from Copper Range, Mohawk, and Utah Copper Co. including structural shifts in Western markets and railroad connections.
The following quotations are the same as those received by W. B. Hibbs & Co bankers and brokers Hibbs Building members of the New York Stock Exchange Chicago Board of Trade and Washington Stock Exchange.
A cluttered market wire from Baltimore shows Monex call steadiness, varied rates, and prices across commodities. Reports include livestock, cheeses, vegetables, poultry, fruit, and greens with multiple regional price quotes and market movements.
Market turnover improved for some issues with prices irregular. Washington Railway and Electric common rose, preferred strong around 75, and April carniage profits topped $300,000 for dividends. Lanston Monotype profits near 1 percent of capital. overall dull with bids steady. Bank of Washington verdict favors bank against Skinner over a dishonored $60 check.
New York reports copper prices and market activity including irregular spot and forward quotes for copper and related metals. Export figures show 17 812 tons for the month with mixed London futures and domestic price notes amid global market movement.
New York reports mixed dairy and grain prices with receipts totaling 6.686 tubs of butter and 2,81 boxed cheese. State milks show varied grades, poultry demand steady, flour, pork, and lard steady, cottonseed oil firm, sugar and coffee markets mixed. Wheat futures volatile amid hot winds in Kansas. corn and oats steady to quiet with export activity.
Special to The Washington Post reports Wall Street chatter that Tobacco shares and United Cigar Stores outside securities signal potential moves. American Tobacco common shareholders anticipate gains from corporate restructuring and subsidiary earnings since dissolution. Dublin and Berlin investors adjust holdings. Canada Pacific selling cited as need-driven. American Yee Company plans bonds totaling 98.5 million, with 3 million retirements and 3.5 million for other needs, to be financed over eight years. A May 31 stockholders meeting will vote on the plan. A Cleveland district sale basis for prompt shipments at 1.25 per 100 pounds reflects mill delivery constraints and premium in quick shipments to Pittsburgh.
James Sharp prepared plans by Milburn Helater & Co for a five story brick and terra cotta structured building at 77-728-Ti Thirteenth Street. The R P Andrews Paper Co leases the property for fifteen years and will move in after completion at an estimated cost of 125000 dollars. The design features fireproof construction, reinforced concrete ceilings, glazed terra cotta front, brick side walls, and elevators with two dumb waiters. Ground floor retail, offices on the second floor, remaining space for stock.
Cattle receipts about 4 000 with market firmer early then eroded gains as 11 000 left over. Hogs receipts about 30 000 with opening strength fading. bulk sale bids 7.05 to 7.85. Sheep and lambs receipts around 10 000 with native and western prices mixed. cows and bulls shown steady to higher. New York belies receipts about 1 000 with little trading. calves trade at 1 600 to 916.00, mixed quotes across groups. Market overall described steady to higher into close with notable activity in hogs and cattle.
Philadelphia markets show mixed signals with wheat steady for No 2 hard red winter and oats up slightly. Butter weak, eggs firm locally, cheese softer, poultry prices uneven with broilers down and mature fowl mixed. potatoes higher with New York and Southern No 1 bids noted.
Baltimore markets report firmer wheat with a spot contract at 117 percent and dull corn. Butter prices show creamery fancy at 2.29 per lb, with other butter types and sizes listed. Poultry and live birds include spring chickens, old hens, and various fowl prices, with references to Maryland Pennsylvania and nearby states.
Veal calves show better demand with prices noted. Hog prices range 7.60 to 8.00 per cwt and sheep around 304 percent. Fat lambs described as West rather than best, with veal calf categories and grass calves pricing, spring lambs listed with medium and small figures.
Two days remain to secure parts of the civil war photograph series. The 16 part collection, titled the Brady photographs, is presented with United States Government permission. The first part is distributed this week through The Post with coupon terms on the second page.
Dr Allen argues mixed diet works if appetite is controlled and compares diet to business systems. He urges athletes to apply hygienic training and efficiency methods to personal health and training, noting the value of expert guidance.
Memorial day rites in Alexandria mark the Confederate dead with services at the monument and graves. The Rev. Lee Camp and the Daughters of the Confederacy organize programs, a Machen oration, and a music chorus led by Mina Rotchford. The Alexandria Light Infantry will fire volleys and bugle taps at the grave. If rain, events move to the Young People’s building. A tax levy increase is approved for county improvements. An Alexandria Christian Endeavor delegation attends a council at Mount Olivet Church. Union April Company chartered to start an orchard business with $56,000 capital.
Justice Wright signed a decree dismissing Bliss vs heirs of Havemeyer. The 18 acre tract including Overlook Inn will be sold May 11 by trustees Kenyon and Archer Jr. Col Bilas, long a claimant, gains half the profits and the land will be divided into eight parcels to maximize price.
Plans completed for a $12,000 church at Carroll and Willow in Takoma Park. Architects Thomas Benjamin & Son of Grand Rapids will craft a pebble-dash frame, one story with basement, three classrooms, and a 60-seat main auditorium, vestry, and gallery. Foundation in concrete. brick and stone trim. building committee named.
Vintage classified listing shows multiple firms offering packing, crating, and shipping for furniture, pianos, and china. Lipr VANS handles foreign shipments. Saunders Express advertises moving and storage with padded vans. Agencies include Merchante Transfer and Storage and Littlefield, Alvord & Co with contact numbers.
Southern Railway and Chesapeake and Ohio Lines issue a dense timetable listing daily departures to Montgomery Mobile New Orleans and other hubs. It notes dining and sleeping cars, parlor cars, and special limited services with varied departure times and connections through Atlanta Bristol Knoxville Chattanooga Birmingham Meridian and Charleston.
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