Market Turmoil Deepens Amid Banker Pressure and Steel Decline
A cautious market day saw widespread liquidation with prices falling to new lows. Bankers reportedly pressured heavy speculators to unwind, while United States Steel faced sharp drops despite vague recovery hopes. Official data clarified unfilled orders, noting a large portion from the parent company and subsidiaries, with rail and iron demand remaining uncertain.
MENTIONED IN THIS ARTICLE
Washington Post
York
Clarne
Wis
Stock Exchange
Briass
Tikine
Dts
Ronpares
Jiastout
Bath
Ontimiem Hoop
Ion Ind Steel
Indi
Iit Ote and
Opio Railroad Company
Mrany
Tryland
Washington Stock Exchange cattle and livestock market snapshot
New York Nov 10 beef and cattle receipts show steady to weak demand across categories. Cattle receipts around 7,000 head with slow trading. western steers 4.10 to 4.78. cows 2.25 to 6.40. calves 7.60 to 10.28. Sheep and lambs 2,859 head, lambs 6.00 to 7.15. Pigs 7.25 to 8.25. EP receipts 27,000 head. western and native prices noted. Toledo and Lima market figures included.
MENTIONED IN THIS ARTICLE
New York
Chicago
Reeves
Texas
Western
New York State
New
California
Niagara
Concord
Middle West
Santos
Jersey
Wall Street Gossips on Active Trading and Bond Apathy
Special to The Washington Fest reports New York stock activity the strongest since July Pearson Farquhar break with 1,182,900 shares traded. Bond market shows marked apathy while Steel common dominates with 400,609 shares and Pacific and Reading also major contributors. Bank of England reserve ratio hits 61.91 percent as sterling touches recent lows. call money at 4 percent.
MENTIONED IN THIS ARTICLE
New York
Pearson-Farquhar
Stock Exchange
Steel Common
U Then Pacific
Reading
Bank of England
Sterling Exchange
Washington Cattle Market Prices and Futures Summary
The cattle market stays steady with veal calves very active and hog, sheep, and beef quotes listed. New York wheat spot firm with No 9 red at 96 1/2 cents, futures edged higher on dry Southwest weather and export rumors, while corn and oats show firm to unchanged futures and steady spot prices. Receipts and shipments volumes are shown for cattle and grains, with several months quoted in futures at mixed closes.
MENTIONED IN THIS ARTICLE
New York
I O. B
Duluth
KER
Mastle Tasis
Tosed
Ecetote
New York Cotton Markets Rise Amid Mixed Trading
The New York cotton market recouped most of yesterday’s losses as trading stabilized. Demand from foreign and domestic buyers supported purchases and shorts covered, closing modestly higher by 6 to 16 points. Census debates continued with no major shifts in crop views. also noted were copper and iron market snapshots and exports data from London and New York.
MENTIONED IN THIS ARTICLE
New York
Southern Sportmarket
Russia
West
Wal
Washington Stock Exchange Report Mixed Action and Quiet Market
Local financial activity on the Washington Stock Exchange showed limited sales and varied demand. Bonds traded first time on a when and as issued basis, with brokers disappointed by the lack of active market and about $12,000 changing hands on a sliding scale, while Washington Railway and Electric preferred stayed firm and common stock saw a modest quotation lot and a few Mergerthalner shares traded quietly.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Washington Gas
Steck
Washington Railway and Electric Preferred
Mergenthaler
Lanston
New York
Washington Market Prices For Fresh Produce And Poultry
Wholesale quotations show fresh eggs scarce and firm with regional variations in Virginia West Virginia Tennessee and nearby states. Dairy butter and cheese prices listed along with poultry by the pound and dressed poultry rates and a broad range of vegetables fruits and game items with multiple unit prices and batch specifications.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Tennessee
Reciprocity talks end in Ottawa no concrete accord reached
Canadian and U S trade negotiators concluded a frank friendly session with no agreement yet. A Washington resumption is planned for January with hopes for a beneficial outcome for both sides. Pepper and Foster for the U S and Fielding and Patterson for Canada voiced cautious optimism. Knox emphasized relations remain non political.
MENTIONED IN THIS ARTICLE
Ottawa
Fielding
Ontario
United States
Canada
Washington
Messrs
Hoyt, Pepper
Foster
Messrs. Fielding and Patterson
Mr. Pepper
Knox
Montreal Star
Meqest
Big Banks Lend to Turkey Loan Syndicate Forms
Berlin reports Deutsche Bank leads a syndicate of major German and Austrian banks including the Rothschilds to secure a Turkish loan of 7,009,000 pounds, about 31.5 million dollars, at 4 percent interest to be repaid from Constantinople revenues. Germany takes lead after Britain and France negotiations fail. The funds aim to bolster the Turkish army and navy, with France and England balking at Turkey buying war materials in Germany.
MENTIONED IN THIS ARTICLE
Berlin
Deutsche Bank
Rothschilds
Constantinople
Germany
Great Britain
France
Ioan
England
Turkey
Look for Better Business. Cleveland Iron Trade Report
The Daily Iron Trade Review collects opinions from iron and steel manufacturers nationwide on post-election business impact. C. S. Price of Cambria Steel Company and A. F Huston of Lukeh's Iron and Steel Company predict stabilization and steady improvement as political effects settle and financial centers loosen.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
Daily Iron Trade Review
C. S. Price
Cambrian Steel Company
Johnstown
Senate
A. F Huston
Lukeh
May start potash war with Germany moves to pressure officials
Prominent lawyers from Philadelphia New York and Baltimore plan to press Secretary Knox and Chef Osborne to push a vigorous policy against Germany over the potash contract. The department will hear but not renew talks for a month until tariff expert Davis returns with progress on an arrangement with German potash interests.
MENTIONED IN THIS ARTICLE
Philadelphia
New York
Baltimore
Knox
Chef Osborne
Bureau of Trade Relations
Wge
Germany
Davis
Washington
Department
Baltimore Markets Wheat and Corn Prices Report
Baltimore markets summary from B4 on November 10 notes steady corn at 65 and No 2 white at 37, wheat at 90 on contract with 80 percent asked, rye steady at 31 to 32 for No 2 Western.
MENTIONED IN THIS ARTICLE
Baltimore
Sousa Improves After Illness at New Haven Hospital
John Moseley secretary of the Sousa band, taken to New Haven hospital suffering from malaria, improved and resting easy after overnight rest. Sousa, who recently visited Massachusetts, is recuperating rapidly and expected to be back at his desk by December 1, with Chief Clerk Connolly acting in his absence.
MENTIONED IN THIS ARTICLE
New Haven
Conn
John
Moseley
Philip Sousa
Edward A. Moseley
Interstate Commerce Commission
Massachusetts
Connolly Law
McKinley Bridge Opens Across Mississippi at St Louis
Missouri Governor Hadley and Illinois Governor Deneen led ceremonies as Archbishop Glennan blessed the McKinley bridge. A 3,000-strong invited audience watched as flags were raised, fireworks followed and a banquet closed the event. Julia Mattis drew the flag to the bridge’s pinnacle.
MENTIONED IN THIS ARTICLE
St. Louis
Glennan
Washington
St. Lats
Hadley
Missouri
Gov
Deneen
Illinois
Tlinois Traction System
Mississippi River
J. J. Glennan
McKinley
Dean C. K. Davis
Episcopal Church
Iinola
Republican Congressional Committee
Tinos
Grennan
Death in Auto Wreck Ends Participation in Grand Prize
W H Sharp owner driver of his namesake car was seriously injured and Albert Fuchs, 24, of Trenton died when the machine crashed into a barbed wire fence during a practice run on the Savannah course. The crash likely followed a high speed turn or a tire blowout. front tire stripped. Sharp remains in hospital unable to speak. The incident removes Sharp and his car from the Grand Prize race as Savannah opens tomorrow with seven entrants for the Savannah Challenge cup.
MENTIONED IN THIS ARTICLE
Savannah
Navy
Albert Fuchs
W. H. Sharp
Sharp
Ferguson Avenue
Fuchs
Trenton
N. J
East Stroudsburg
Jim
Potter son races home to aid dying millionaire father
Wilson Potter hurried from Alaska to Atlantic City to reach the bedside of Col. Thomas Totter, a Philadelphia cloth manufacturer, as doctors fear his condition is critical. Potter left White Horse after Indians and mounted police searched the wilds, and he wired from Vancouver before continuing toward his father.
MENTIONED IN THIS ARTICLE
Wilson Potter
Atlantic City
Washington Post
Alaska
Col
Thomas Totter
Philaday
Lia
Wilson
White Horse
Wilds
Potter
Porter
Skagway
Vancouver
Woman who faked accidents drains railroads for income
New York court heard Mrs Anne Strula admit she faked accidents on railroad property to obtain damages. She confessed to defrauding six railroads including the New York Central of 500 dollars by staging tumbles and claiming internal injuries, and she was remanded for sentencing.
MENTIONED IN THIS ARTICLE
New York
Anne Strula
New York Central
Strula
Michael Cudahy III in Chicago Hospital Stay
Michael Cudahy III of Chicago is seriously ill at the Blackstone Hotel. His son John of Kansas City was sent for, and his other son Joseph stays at his bedside. He is 59 and doctors say a probable recovery may follow after several days of acute indigestion.
MENTIONED IN THIS ARTICLE
Chicago
Michael Cudahy
Packer
Blackstone
John
Kansas City
Cudahy
Joseph
Mr. Cudahy
Woman smoker Mary Jane Martin dies at 97 in Quincy
Special to The Washington Post Hagerstown Maryland November 10 Miss Mary Jane Martin Franklin county's oldest woman died today at her home in Quincy of general debility aged 97. Up to the time of her death she smoked from six to ten pipes of tobacco daily. Her father and mother died at age 8 years old. A sister Nancy Westner died years ago at Rouzerville at age 9.
MENTIONED IN THIS ARTICLE
Franklin County
Hagerstown
Mary Jane Martin
Quincy
Nancy Westner
Rouzerville
Seaboard Directors Named at Petersburg Meeting
Seaboard Air Line Railway stockholders met in Petersburg Virginia for their annual gathering with Judge Leigh R Watts presiding. 316,476 shares were represented and a slate of directors was elected including Blair Brown Dunham Duval Jennings Loree Meldrum Middendorf Parkins Pierce Ramsey Rosen Scott Thulman Warfield Watts Whigham Williams and Yoakum among others replacing Vanderburg.
MENTIONED IN THIS ARTICLE
Petersburg
Washingon
Seaboard Air Line Railway Company
Leigh R. Watts
Portsmouth
James A. Blair
New York
F. Q. Brown
Wallace B. Dunham
Boston
H. Rieman Duval
Hennen Jennings
Washington
D. C
L. F. Loree
M. S. Meldrum
J. Wiliam Middendorf
Baltimore
N.C. Parkins
H. Clay Pierce
John B. Ramsey
Norman B. Reaves
Walter T. Rosen
Townsend Scott
Ernest Thulman
Vanderburg
Davies Warfield
George W. Watts
Raleigh
N. W
K. Whigham
London
Eng
John Skelton Williams
Richmond
B. F. Yoakum
Canal Property Sold for Bondholders Link to Waterway
Norfolk Va November 10 The Albemarle and Chesapeake Canal Company assets in Virginia and North Carolina including a 10 mile canal and thousands of acres were sold under foreclosure in Portsmouth to a committee of first mortgage bondholders for 300000 The bid aims to establish a government intra coastal waterway between Boston and Beaufort North Carolina as recommended by army engineers The sale satisfies a 1879 500000 30 year bond issue backed by Union Trust Company of New York with Central Trust Company of New York holding a 230000 second mortgage The bondholding committee members were James M Edwards Robert L Harrison and Henry T Cutter all of New York The property may be offered to the government for 500000
MENTIONED IN THIS ARTICLE
Kansas City Southern
Amalgamated Copper
Laclede Gas
Loutavisie and
Nashville
Mackay Co
Car and Foundry
Fairy
BEA
Cotton OU
Minnneapoli
St. Louis
American Tee Securities
St. P
St. M
Aoa
Missouri Pacific
al IM Am
National Biscuit
Los
American Steel Poundries
America Sugar Refining
New York Central
American
American Tobacco
Norfolk and Western
North American
Anaconda Mining
Northern Pacific
Atchison
Pacific Mail
Arta
Atchison Ptd
Rooklyn Rapid Transiti
Tey
Pittaburg
Canadian Pacific
Pittiaburg Coal
Central Leather
Pullman Palace
Chicago Great Western
Rock Talent Co
Chicago and North Western
Bonk Island Co. Pd
Chicago
Mal and
St. Paul
St Louis
Bt. L
San
Louis Southwestern
Colorado Fuel and Iron
St. Louis Southwestern
Suo
Colorado
Southern
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Erie
Tol
St. L
Wont
Fvu
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Albemarle and Chesapeake Canal Company
Virginia
North Carolina
Portamouth
First Mertage
Boston
Beaufort
N. C
Union Trust Company of
New York
Central Trust Company of
Frst
James M Edwards
Robert L Harrison
Henry T. Cutter
Savannah Practice Sets Stage For Grand Prize Races
Twenty drivers practiced on Savannah's 17.3 mile circuit with David Bruce Brown of Benz leading at 13 minutes 35 seconds averaging 177.10 mph. Disbrow Basle and others debuted, and a new Most Valuable Seconds Club formed among top drivers, highlighting the race weekend and key participants.
MENTIONED IN THIS ARTICLE
David Bruce Brown
Benz
Savannah
Wich
Louis A. Disbrow
Charles Basle
Pope-Hartford
Mde
Disbrow
W.H. van Sicklon
Cane Rn
Hugh Huges
Marquette-Buick
Hughes
General Motor Company
Robert Burman
Costelo
Doorley
Maxwells
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John A. Clapp
Myer Cohen
J J Dartington
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Have C. Hope
John A. Johnston
Eldridge E Jordan
Rudolph Kauffmann
Ralph W Lee
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the Commercial National Bank
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oMce Equitable
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Gilbert H. Grosven
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