Market Rises as Bank Rate Hike Fails to Halt Decline
London raises the Bank of England discount rate to 4 1/2 percent after a $15 million gold loss last week. Canadian Pacific advances 3 1/2, Amalgamated Copper up 2, Steel Reading Union Pacific climb. The bond market stays steady as reserves fall, U S 4s unchanged on call but near a new low.
MENTIONED IN THIS ARTICLE
Castadian Pacific
Amalgamated Copper
New York
Qoet
Canadian Pacific
Steel
Reading
Union Pacific
Bank of Germany
Southern Pacific
United States
New York Bond Market Summary from October 2
The report outlines activity in the New York bond and stock markets for Thursday October 2 as received by W. B. Jobe & Co from the TBBA Building.
MENTIONED IN THIS ARTICLE
W. B. Jobe & Co
Tbba
United States Treasury Money Rates and Market Notes
United States Treasury notes show money on call firm at 2 1 2 to 3 percent. Time loans for 60 days at 4 percent and 90 days at about 4 1 2 percent. Prime mercantile paper quoted around 5 to 6 percent. Silver bar at 61 1 2 cents per ounce. Government bonds described as easy with rail rates steady.
MENTIONED IN THIS ARTICLE
New York
Sterling Coxcha Ze
Rallrae
Live Stock Market Summary Chicago and New York
Chicago hogs receipts 23 000 steady to a shade lower with bulk sales 8 30 to 9 75 value mixed 8 10 to 9 00. cattle receipts 4 500 slow to steady beeves 7 15 to 9 40 Texas steers 6 90 to 7 90 stockers and feeders 6 30 to 7 85 cows and heifers 3 75 to 5 65 calves up to 68. sheep receipts 32 000 steady to strong native sheep 3 75 to 4 85 yearlings 4 90 to 6 90 lambs 6 00 to 6 75 New York cattle beeves 1 900 dressed 12 1 GALVES receipts 270 steady calls 6 00 to 8 00 city dressed 15 20 country dressed 1 % 18 sheep and lambs receipts 2 400 steady 8 00 to 4 50 lambs 6 00 to 6 75.
MENTIONED IN THIS ARTICLE
Costin
Clopini Saleaj
Amalgamated Copber
el Ts
Lehigh Valley
ABER
LET
Amer
Agricultural
Lou, & Nashville
A Mackay Cos
St. P
Seeee
Amer Car
Kan
Tex
Missouri Pacific
Atte
National Biscuit
Ice Securities
Ize American Linse National Lead
N. R
Amer. Smelt. & Res
New York Central A
N. H
N. H. & H. Bombok
Ont. & West
Anatonia
Amer. Tel
Tel
Norfolk & Western LO
Lohr Mwlamerican Tobacco
ZEB
Seco
St L. Ala
Baltimore & Onio
Bethlehem Steel
Pittsburgh Coal
Brook
Rapid
Pitts. Coal Oid
Pressed Steel
Batg
Pullman Palace
Canadian Pacificar
Bae
Ray Consolidated Tate
Central Leather
Chesapeake & Onto
O Big
Rep. Iron & Steel
Chicago Great West
Iai
Rep. I. & St. Ptd
Chi., Mil. & Bt. PR
Rock Island Co
Idx Sims Sd Chi
Northwestern
Ceesefencee
China Consolidated
St L
Cole, Fuel & Iron
Nesshiccessree
Seaboard Air Line
Consolidated Gag
Seaboard A. L. Pfd
Sloss-Shef
I. S
Delaware & Hudson
Southern Pacific Sg
Den
Rio Grande
Southern Railway Ae
R. G. Pfd
South Railway
Distillers’ Securitie
Tennessee Copper
Erie
Texas & Pacific
Union Pacific
Seis
Veneess Union Pacific
General Electric
Pearl of United States Realty
Teeforces
United States Rubber
United States Steel
Ees
U. S. Steel
Cantral
Utah Copper
Interborougth-Mat
Vir-Caro, Chemical
Inter
Met. Pro
Inter Harveste
Inter-Marine
Western Maraine International
Western Union
Hansas City South
Westinghouse EE
Lacrede Gas. Wheel
New York Stock Exchange
Chicago
Texas
New York
Washington gas and electric bond market notes
After midday trading Wash RY and Elec bonds show 4s and 5s with varied prices including a 1000 at 82 percent and 2000 at 82.54. District Nat Bank and Commercial Nat Bank issue small lots at 15 percent and 19.5 percent while United States Trust offers 130 and 132. Washington Gas and Gas Bonds trade sparse sizes with notable 26 at 65 percent and 2 at 86 percent.
MENTIONED IN THIS ARTICLE
Riggs Realty
Wash. Ry
Flex
Potomac Elec
Capital Traction
Elec. Prd
District Nat. Bank
Commercial Nat. Bank
Elec
United States Trust
Washington Gas
Elec. Com
Baltimore
Power Endgen
Houston
Seaboard
United Ays
City
Penn
Basia United Rys
United Rys
Elec. Inc
Wash, Balto. & A. Ba Mabe
New York Produce Market Fluctuates on Oct Arrivals
New York reports mixed commodity tones with butter firm at 500 tubs, eggs unchanged after 10 400 car, poultry dull with Western demand, flour and meal steady, pork steady at 19.76 to 71.50 per barrel, lard barely steady around 12.20 to 11.80, cottonseed oil steady on spot and futures, coffee unsettled with Rio No 7 at 10 & Santos and Cordova quotes, sugar flat to barely steady with raw at 9 45, refined quiet, and molasses at 6.60 per 100 pounds.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
New York market and crop report amid rain and prices
The government crop report showed weak conditions with national implications, while wholesale prices moved on rain in the Southwest and a firm market in Liverpool cables. Commodity quotes cover grains, poultry, eggs, vegetables, fruits, and metals with detailed regional prices and open, high, low, and close figures for the day.
MENTIONED IN THIS ARTICLE
New York
Moss
Isbverpool Cables
Wall Street Gossip on Europe's Influence on Markets
New York October 2 Bank of England raised its rate to 5 percent. Analysts note higher discounts and European demand, especially Egypt Russia and India, driving the move. Bullish exposure to European money markets could lift American rails and industrial stocks. A New York stock exchange seat traded at 45 000 with prices near the year's highs and lows.
MENTIONED IN THIS ARTICLE
New York
Bank of England
J E. Darwin
National City Bank
London
Mr. Gardin
Egypt
Russia
England
Germany
France
India
Imperial Bank of Germany
Berlin
Europe
Stock Exchange
Chicago
Local security market shows optimism with high turnover
The local security market ended with notable activity as 400 shares of stock and 318000 in bonds traded. Washington Railway and Electric led gains with bids rising to 91 1-2 on common and 90 1-2 on preferred amid steady demand. District National Bank and Metropolitan Bank announce dividends while short term bonds redeem at 101 for 15000.
MENTIONED IN THIS ARTICLE
Washington Railway & Electric
Call
Fisor
Capital Traction
Washington Gas
District National Bank
Commercial National Bank
United States Trust
Washington Gases
Capital Tractions
Potomac and Electric
Rigak Realty
Long) Ss
Safe gilt edge investments in real estate notes
Financial notice touts first deeds of trust notes as stable investments in real estate in the District of Columbia. Claims they are tax exempt, do not rely on individuals or corporations for stability, and are offered from 560 upward via Hensey Co at 727 Fifteenth Street N. W.
MENTIONED IN THIS ARTICLE
District of Columbis
US Latin America trade shows strong 1913 gains
New York Oct 2 The fiscal year ended June 3 1913 saw the United States export commodities valued at 321 million to Central and South America and the West Indies averaging 1000.6 a day. Growth over thirteen years reaches nearly 200 percent with Uruguay Chile Argentina and Brazil highlighted as major gains. The piece credits American salesmanship and infrastructure, notes a future Panama Canal impact, and discusses lead figures like Schwab Grace Harriman and Stillman in shaping Latin American commerce.
MENTIONED IN THIS ARTICLE
New York
United States
Department of Commerce
Washington
Central America
South America
West Indies
Panama Canal
South Atlantic
Gulf States
Uruguay
Chilis
Chile
Charles M. Schwab
Joseph P. Grace
Yi Itig
Argentina
Brazil
Brasil
Germany
Great Britain
Canada
Baltimore Markets Chronicle Fading Grain and Poultry Prices
Baltimore markets note firmer wheat with various No 2 and No 3 red bids, oats and white oats quoted, and poultry and eggs prices varying by region. Maryland and nearby markets show declines in certain egg types and commodity grades, with prices given per dozen or per pound as listed in the market summary.
Philadelphia Markets Report Breakfast Prices
Philadelphia market report notes butter and cheese firm and unchanged with eggs and poultry steady. Wheat and corn hold steady with export futures steady while grain prices reflect a quiet trading day in early October.
MENTIONED IN THIS ARTICLE
Philadelphia
Duluth
Three West Banks Break Gentlemen's Advertising Pact
A small western town with three banks abandoned a silent trust to cut ads. After officials reviewed annual reports they found deposits down 21 percent and profits down 12 percent, proving advertising stimulates business. Banks resumed publicity, proving good advertising creates more business.
MENTIONED IN THIS ARTICLE
Trust Bee
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THE
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RIA Record
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U. S. Government Depository
One Seventh and
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Gatley
Patrick T. Moran
Ree Well
A Adene
John W. Brawner
Robert Caan
Floyd
Davis
Robert 4. Dore
FR. OD. Mea
Howard E. Norton
William F. Gude
Peter Latterner
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Samuel C. Rodman
Henry T. Cee Oeier
William D. Bullivan
Taylor Wade
Albert 8
the Times
the Commercial
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the Consolidated Gas, Electric Light and Power,Company ‘of
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N. W
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Frank A. Munsey
Washington Loan & Trust Co. Cor. Ltd
John Joy
Riggs National Bank
Penna. Ave
Opp
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Hose
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Washington Stock Exchange
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