Market slips as St Louis and San Francisco receivership worries bloom
New York May 28 sentiment remains clouded by the St Louis and San Francisco receivership with heavy selling across rails and copper issues. Canadian Pacific liquidation dominates activity while Reading Union Pacific Amalgamated Copper and American Smelting hold near lows. London brokers report abroad fears with Panama bonds rising on call. Total par sales reach 2.37 million dollars.
MENTIONED IN THIS ARTICLE
St. Louis
San Francisco
London
Canadian Pacific
Berlin
New York
Stork
Pennsylvania Road
Reading
Harrimans
Union Pacific
Amalgamated Copper
Panama
Southern
Wonsad
Amer! Agricultural
Lehigh
Ameren Bees
Meticin Petroleum
Bay
Laoaga Tian
Wwe & Sault St M
Lara
Mi-souri Wiaas
Texas
An Har & Youndry
P. We
Yin Arler ’ Corton
New York Central
York
Tel
Paine Yel & Tel Au
Onda Mining
Paole Mat
Bias
Atlan Coast Line
Ritscurch
Baltimore & Onto
Pittsburon
Bethlehem Steel
Brooklo Rapid Transit
California Petroleum
Iron & Stee
Bbig
Chesapeake & Oton
Republic Tron & Steel
China Consolidated
Rock Island Co
Reat Western
Chicago
St Panl Jlaz
le & San
Chicago & North Western
Seaboard Air Line
Colorato Fuel & Iren
Pfa
Consolidaten Ae
Sloss-Shemeld
iCorn
Southern Presfic
Delaware
Union Paciic
Erie
United States Realty
General Electric
United States Rubber
Goldfeld Consolidated
United States Steel
Great Northern
Great Northern Ore
Utah Copper
Virginia Carolina
Chemiers
Wabash
Interborough - Met
Interborough-Met
Inter
Harvester
Western Maryland
Intermarine
Western Union
International Paper Agy
Westinghouse
Iederic Glk
Wheeling & Lake Erle i
Boston Closing Prices Report
Fall lambs and spring lambs listed with bid and offer quotes. Hog prices show mixed bids with adjustments. Market summaries note activity levels and price ranges across the livestock sections.
Washington Stock Exchange and market notes
Washington Gas and Potomac Electric trading shown with wide fluctuations, plus district bank notes and local securities activity. Reports include commodity prices, futures directions, and district banking association meeting plans at New Willard with officers and delegates listed.
MENTIONED IN THIS ARTICLE
District of Columbia Bankers’ Association
New Willard
Council of Administration
American Bankers' Association
Boston
Seventh Street Savings Bank
H. H. McKee
B. F. Saul
George BE. Fleming
A. EK. Parris
John Poole
New York Cotton Sees Unsettled Market After Reports
The New York cotton market opened steady then fell as near month liquidation and favorable crop reports pressured prices. May contracts dropped to a net loss of 11 points before closing steady with a net loss of 2 to 10 points. Private crop data showing 4.7 percent acreage increase contributed to later declines.
MENTIONED IN THIS ARTICLE
New York
Daily Cotton Market Report Opens May in New York
May offerings for June 15 at 38 Copper steadiness with 16.90 to 18.00 quoted. Copper arrivals reach 2200 tons with exports low. IRD reports 34 774 tons. London quiet with futures at about £48. Dull market tone noted. scattered notes from Cleveland and North Lima. Cred balances hover near 2.50. Shipments total 8771 units.
MENTIONED IN THIS ARTICLE
New York
Middle West
Cordova
Southern
Chicago
Hecht
Beever
Texas
Internal Revenue
United States
Treasury
National Bank
Ury
Philippine Treasury
Tepes Vey
National
London
Cleveland
Wall Street Gossip on Ex Dividend Stocks and Market Slide
Canadian Pacific and Union Pacific set ex dividend tomorrow of 2 1/ mod percent, along with Norfolk and Western General Electric and American Express. St Louis San Francisco stock hits low after exchange open, with massive trading and receivership concerns. Market decline marks worst in days, prices near yearly lows as private investors fare better than fund dealers.
MENTIONED IN THIS ARTICLE
New York
Canadian Pacific
Union Pacific
Pennsylvania
Norfolk and Western Common
General Electric
American Express
St. Louis
San Francisco
Stock Exchange
Goi.co
Wah
New New York City
Honda
Uniav
Rereen
Stack Exchange
Philadelphia markets report a mixed dairy and produce note
Market wire from Philadelphia shows little change in botter and cheese prices with firmer near term tones on certain items. Western and New York dairy quotes hold steady while grain and potato listings remain unchanged amid partial Easter context.
MENTIONED IN THIS ARTICLE
Philadelphia
F. c
New York
New
Duluth
Holland Tells Of Flagler's Florida Railroad Work
New York May 38 Henry M Flagler built a vast Florida railroad system linking Atlantic ports to the interior and extending to Key West He and Rogers began with strong capital and foresight Flagler rode the smoking car to Grand Central and spoke at length of Florida's resources and future growth The canalization of rivers and sea bridge to Key West were slated to unlock rich agricultural and industrial potential in the South
MENTIONED IN THIS ARTICLE
New York
Henry M. Flagler
Florida
Flagler
Mr Plagler
H. H. Rogers
Standard Ofl Company
Rogers
Appalachian Range
Tidewater
Norfolk
Mr. Flagler
Key West
Mr. Rogers
Grand Central Station
South
Miorida
Flagier
Philadelphia
Boston
St. John’s River
Sanford
Lake Kinsimmee
Caloosahatcher River
Everglades
United States
Lake Okeechobee
Miami
Jacksonville
Milami
Panama Canal
Cuba
Habana
Flagter
Holland
Frisco Contested as Receivers Appointed Denials Emphasized
Vice president Campbell denies differences with Yoakum after receivers were appointed for the Frisco system and its Chicago and Eastern Illinois subsidiary. Financial circles foresee a battle for control while bondholders and 1200 St. Louis holders face large losses from Frisco share shrinkage totaling about 7 million dollars.
MENTIONED IN THIS ARTICLE
St. Louis
James Campbell
San Francisco
North American Company
Frisco System
B. F. Yoakum
Yoakum
Federal Court
Winchell
Frisco
Parentine
Chicago
Eastern Illinois
New York
Speyer & Co
Dissolution of tobacco trust under review by AG McReynolds
Attorney General McReynolds continues study of the decree dissolving the tobacco trust to ensure compliance and disappearance of any remaining semblance. He has reached a conclusion, but a formal inquiry will follow if warranted. Also includes market summaries for wheat, oats, eggs, butter, and poultry prices from Baltimore and regional points.
MENTIONED IN THIS ARTICLE
McReynolds
Tobacco Trust
Wickersham
Defends Steel Financing Denies Monopoly Plan
New York May 2 Judge Elbert H Gary chairman of United States Steel testified in the Sherman antitrust suit that he and J P Morgan never discussed creating a steel monopoly or suppressing competition. He said the effort was to extend trade and foster competition and denied overcapitalization claims. He noted properties were worth the price and Carnegie's sale spurred the organization.
MENTIONED IN THIS ARTICLE
New York
Elbert H. Gary
United States Steel Corporation
Fits
J. P. Morgan
Gary
Steel Corporation
Lake Superior
John D
Federal Steel Company
Andrew Carnegie
Carnegie Steel Company
Morgan
Carnegie Company
Mingis Steel Company
W Morse Elected President of Hudson Navigation Co
Charles W Morse was elected today president of the Hudson Navigation Company, owner of steamboats on the Hudson River. Morse previously led the line in 1909 before being deposed, then restored after transfers of interest to bankers syndicate.
MENTIONED IN THIS ARTICLE
New York
Mat
Charles W. Morse
Hudson Navigation Company
Hudson River
Morse
John W. McKinnon
Hudson Navigation elects C. H. Livingstone director
Among the directors elected by the Hudson Navigation Company Tuesday was Colin H. Livingstone, president of the Potomac and Chesapeake Steamboat Company. Livingstone, a local banker and steamboat operator, has long been involved with the Hudson Navigation Company and holds a large stock block. James M. Gifford of the Columbia participates in the report of new directors.
MENTIONED IN THIS ARTICLE
Hudson Navigation Company
Charles W. Morse
Colin H. Livingstone
Potomac and Chesapeake Steamboat Company
Mr. Livingstone
Iis
James M. Gifford
Columbia
Knickerbocker Trust Elects Chairman of Board
Knickerbocker Trust Companies of New York elected a chairman of the board. The firm has recently placed the steamer Herkshire into service, costing 1,200 40, and touted as the finest and largest river vessel. It made its maiden trip last week.
MENTIONED IN THIS ARTICLE
Knickerbocker Trust Campans of
New York
Eombans
Herkshire
Woman Takes Poison For Medicine In Mercury Incident
Mrs Rae Chessman wife of a druggist in New York May 28 took a mercury tablet thinking it was headache medicine. She was rushed to a brony hospital and treated with whites of eggs and a stomach pump. She remains conscious in severe pain and physicians say outcome depends on the next several days.
MENTIONED IN THIS ARTICLE
New York
Siffer Ne
Rae Chessman
Rrony
Macon
Hieago
Heasman
Iler
Theatres Offer Faust and Tales of Hoffman at National
The Abar English Grand Opera Company presents Faust on Monday Tuesday and Wednesday and Tales of Hoffman the rest of the week at the National with an alternating cast led by Sciarrett Simondet Crosby Savage Siemann Adkins Herbert Latham Vernon Tyler Cantor Adams. Also Columbia Players present Lovers Lane Clyde Fitch play about a New England town minister stirring discord. Poli Players offer The Country Boy a New York story of ambition and redemption. Cosmos features Fight Vassar Girls with Happy Lorenz Dorothy De Schelle and cast. Kalem’s From the Manger to the Cross screens at Casino as a reverent five-reel Jesus story.
MENTIONED IN THIS ARTICLE
Abar English Grand Opera Company
National
Faust
Offenbach
Salvatore Sciarrett
Georges Simondet
Phoebe Crosby
Ruby Savage
Mabel Siemann
Morten Adkins
Jayne Herbert
Cordelia Latham
Paul Vernon
Francis J. Tyler
Bernard Cantor
Kuffe
Samuel Adams
Columbia Players
Clyde Fitch
New England
Edgar Selwyn
New York
Poli Players
Broadway
Vassar Girls
Cosmos
Happy Jack" Lorenz
Conk and
Gertie Falls
Natalie Kabel
Comedienne
Belasco Panama Pictures Draw Crowds for Daily Showings
Rear Admiral Galby M Chester supervised the canal series while Frederic Villiers directed Balkan War scenes. The Belasco program titled The Making of the Panama and Actual Scenes of the Balkan War is shown in natural color using the Kinema-process at the Belasco theater, attracting large daily audiences.
MENTIONED IN THIS ARTICLE
Belasco
Panama Pictures
Glen Echo to Feature Memorial Day Program and Films
A special Memorial Day program at Glen Echo will begin at 7 PM with dancing, an augmented orchestra, and two new motion pictures. The park aims for a record crowd, noting all half-day amusements free. Sunday schools across the Capital have scheduled six days, underscoring Glen Echo’s popularity as an outing venue.
MENTIONED IN THIS ARTICLE
Gien Echo Parks Management Ae
Glen Echo
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Armour and Co
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interhormugh-Met
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the Rigg
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Jo Nebwin Tait
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