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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Oct 10, 1913

Page

2

Market Ends Quiet After UP News Motions

New York October 9 The stock market showed sharp swings without clear news. Union Pacific rose recently on expected cash distributions, then fell after directors announced no immediate action. Time money rates rose and a gold shipment to San Francisco was planned amid ongoing bond declines.

New York Union Pacific Southern Pacific Rock Island Lst San Francisco Pacific Coast United States Panama Weller

New York Stock Market and Commodities Report

The October 9 market summary from Baltimore and October 1 closing quotes from Boston show firmer wheat with No 9 red at 91 1 2, No 2 red Western at 2 1 2, and No 3 red at 90 1 2. Oats, eggs, butter, and meats list varied prices across regional markets, with commodity ranges noted for copper, chickens, eggs, butter, and dairy products. Cattle and rye markets are also touched with prices per pound and per bushel in Washington and surrounding areas.

Baltimore Boston Centennial Pete Warsland Pennsylvania West Virginia Maryland Ohio Virginia New York

Washington Market Wholesale Prices Report

Wholesale quotations for Virginia, Pennsylvania, Maryland, and Delaware produce show strong demand for fruit and vegetables. Poultry prices list alive, spring chickens, hens, and choice turkeys, with butter and New York State products also noted. Vegetables and green fruits include corn, beans, potatoes, peppers, cucumbers, tomatoes, and peaches with various regional price points.

Virginia Pennsylvania Maryland Delaware New York State New West Virginia Maine Cantatoupes Colorado New York California

Corn Crop Improves With 22 Million Bushel Gain

The October crop report shows corn final production at 2,372,000,000 bushels, 72,000,000 below last year's peak, with 65.3 percent condition and 22.7 bushels per acre. Tobacco and flax rise while rice and several staples fall. oats up 56 million bushels from September.

United States Treasury Paneaane Panett Treasury United States SRESS Petiong Philipp of Bip General Fund Department of Agriculture

Wall Street Brief: Bonds Hit New Low Amid Union Pacific Stock Talks

U S two percent registered bonds hit a new low as $5,000 blocks traded at 94 1/4 on the New York Stock Exchange. Union Pacific chairman Robert Lovett released a statement denying director disagreements and noting plans for surplus funds avoid current action. Southern Pacific stock fell to yearly lows while railroad car demand rises and expected heavy shorting noted.

New York Aliis-Chalmers Pee Lerther Ohio Chesapeake and Ohio Chicago and Alton Chicago Brand Acy Joint Chess Hike Ee Bey Cage Chidazo Fetas Colorado and Jou Delaware and Don Denver Rio Grande Be. Distillers F Ose Erie Minds Central Interborough-Mat Inter Marne Kansas City Lake Shore Lowsville Nashville Misccouri Hans Texas Ist Miseouri Kans Renee Men Missouri Pacific Rys of Mexico York Central Rorisix Western Norfolk Estern cv. As Euza T. Louis San Fran San BB T. Louis Southwestern Seaboard Air Line Southern Pacific Souther Pacific Southern Railway Union Pacific Rul &L. S Steet 2d Inpnta Amalgamated Copper Lehigh Valley Amer. Agricultural Lou Amer Patrol St. P&s Kan. & Tex Car & Foun Issouri Pacific Oe Cotton Ol Ice Securities Hig New York Central West Amer. Sugar Refining Orfolk Western BH el Va OO Amer. Tel Tel American Eheult Eee Stennee American Tobacco Stennee American Tobacco Datmlareetna Northern Pacific Oe Anaconda Mining Co Pacific Mail Ad Atchigon Pennsylvania Atchison Pfd People's Gas Atlantic Coast Lin Sabestea Pitts Baltimore & Onio Pittsburgh Coal Bethlehem Steel el Brook Rapid Transit Cal Petrot Pullman Ray Consolidated Chesapeake & Ohi China Consolidated Ae Rep Great Western Aneefecees Rock Island Co Chi. Mil & St. P Chl & Northwestern Cole, Fuel & Iron Seaboard Air Line T. Is Consolidated Gas Seaboard U. L. Ptd Sloas-Shef, S. & I Delaware & Hudson Southern” Pacific Den den. & R. G. Pic Teresott Southern Ry.pftd Distillers” Securities Tig Tennessee Copper Texas & Pacific Berleve Winion Pacific General Electric United States Realty Alee Great Northern S. Rubber Las Mon Kan Westinghous Elec J Erte Ares W. B. Tibbs & Co New York Stock Exchange Hibbs United States Robert 8. Lovett Union Pacific Board Union Pacific Railroad Company Lovett

Washington Stock Exchange Sees Little Change In Activity

The Washington Stock Exchange session showed no development to explain the recent contraction in business. Buying was ample and prices held steady, with little willingness to push stocks higher. Washington Railway and Electric faced higher bids with no trades, while preferred remained around 9 1 2 percent and Washington Gas and Capital Traction were supported at 85 1 4 and 115. Merienthaler demand stayed good at 216 but unavailable except at higher prices. Bond trading was slow with scant demand, Capital Traction 5 trading at 106 1 2 and 1,600 worth at 106 5 8, and the quarterly dividend of 2 percent on Washington Loan and Trust announced.

Traction R. R. Bs Capital Traction Wash, Ry. & Bilec Mergenthaler Linotype Georgetown Gas Sey Washington Gas Railr Capital Traction Co City and Suburban Columbia 2d Mort Columbia Railway Metropolitan Wash. Railway Alex Mount Vereine Miscellas Rous Unds Potomac Electric Con. Mort Potomac Electric Power Ist Amer, Tel Teleg Tel Washington Market Co Riggs Realty Folk and Co. Stearns Washington G Georgetown ‘Gas American Tel Meegenthaler Linotype BREE Greene-Canan National Au Colimbia WAT Federal Lincoln Riggs Trust Company National Savings and Trus American Security and Temrant Sien ‘Trust Company Paved States Trust Continental Home Savings East W Arlington Corcoran Mer National Union Columbia Pie Washington Stock Exchange Washington Railway and Electric Common Washington Loan and Trust

Oil Quotations and Credit Balances Reported

In Toledo on October 9 data show credit balances and shipments across cities including Wooster North Lima South Lims and Indiana. The figures list 250 runs 134131 average 193078 shipments 230843 and 13378 dollars with varied regional totals.

City Toledo Ohio Wooster North Lima South Lims Indiana

Railroads Crippled by Hostile Policies Warn Bankers

New York bankers meeting in New York and Boston warn that railroad finance faces deep stress. They cite falling net income, rising operating costs, and a lack of new investment as evidence that Interstate Commerce Commission policy and legislative attitudes threaten U.S. railways. They call for capital to fund necessary improvements or risk eventual bankruptcy and possible government aid or ownership.

New York Boston Congress Interstate Commerce Commission Bankera United States Railway Business Association Texas Perta Great Britain Canada Dominion Men of Finance Holland

Navy Seeks New Bids for Battleship Armor

Secretary Daniels, after rejecting bids from Carnegie Bethlehem and Midvale, gave the firms until Tuesday to submit supplemental competitive bids at reduced prices. He said subletting portions of contracts to other firms by the winner is not objected to, as Congress intent guides policy if terms with the three big steel firms fail. Attendees at the conference included Grace of Bethlehem, McLeod and Balsinger of Carnegie, and King and Petre of Midvale.

Daniels Carnegie Bethlehem Midvare Steel Tueaday Navy Department Congress United States HE. G. Grace Bethlehem Company John McLeod W. FR. Balsinger Carnegie Company G. B. King A. Petre Midvale Company

State May Buy Road From Union Turnpike Co

Rockville Md Oct 9 The good roads commission proposes to purchase 16 miles of Union Turnpike Company road from DC One to Olney about 12 miles and 4 miles of a branch for 18000 dollars. State will improve and maintain the route eliminating toll gates if the deal is accepted.

Rockville Union Turnpike Company Good Roads Commission Weller Gov. Goldsborough Good Roads , Commission Turnpike Company District of Columbia Olney

Tolman Sentenced to Six Months for Usury Conviction

New York clerk testified Tolman charged 20 percent annual interest on a $10 loan for three months and was fined six months in the penitentiary. Tolman claimed to have run 40 to 50 loan offices across the United States as the commodities market items listed follow in a period-rusty shipment and prices section.

New York David H. Tolman United States

Democrats Seek Strong Turnout in Local Election

ABHINGTON POST BUREAU Alexandria aims for a large vote on November 4 as Democrats rally to mobilize support despite no opposition candidates. City representation on state committees hinges on fall turnout, with Chairman Charles Bendheim calling a meeting to plan voter outreach.

Alexandria Abhington Post Bureau Hing Street Charles Bendheim Democratic Committee

New York Grain and Philadelphia Markets Report

New York grain notes steady spot wheat with No 2 red at 98 cents, futures quiet awaiting government report. No 1 northern Duluth afloat at 97, December at 4 1/2. rye steady, export basis. Philadelphia markets show live poultry steady and dressed poultry steady, lightweights 14 to 16 cents.

New York Northern Duluth Bet Xport Philadelphia

Peace Pact Ends Dominican Civil War

American Minister James M. Sullivan secured a peace pact in Santo Domingo ending the Horacio Vazquez revolt against Provisional President Jose Bordas Valdez. U S policy now forbids force to settle disputes and commits to constitutional authority. Citizens are urged to rely on future elections and ballots, with the policy welcomed across parties.

Santo Domingo Dominican Republic James M. Sullivan Horado Vasquez Jose Bordas Valdez United States Sullivan Republic

New York Money Market Report From October

New York money market shows ruling rates, 3 percent close, commercial paper at 6 percent, government bonds steady, Mexican dollar at 60 percent, railroad bonds easy. Notes reference Times and TGs with exchange rates and 49 days maturity.

New York Clostom Tgs Times Dmye St Monthn Boy Prime Mercantile Bt Hag Exchange Femand

Also Mentioned on This Page

U. P NEW York Stock Market Baltimore Securities Washington Cattle Market Hiphiye Colonial Trust Houston Adams Hxprege Petenes United Rys Balto Anglo-Amer Tob G B.S. Brewing Tob. W Zeeest N. O Giroux Greene Cananes Penn Wat & P United Rys Elec Goldfield Lye United Rys & Elec Inc City & Sub Wasa Kerr Lake la Rose Mason Val Manhattan Transit Fee Marcon Canadian U. S Rex SG Nipissing People’s Gas WU. S Uu. S Yukon Gold United Cigar United Cigar Stores Pfa Washington Washington Produce Market Chicago Grain Salon Brock Galveston New Orleans Mobile Savannah Charleston Norton- Steady Way Prindelphia Brunswick Texas City Aravses Pass Jacksonville Augusta Bready Memphis St. Louis Cinennati Little Rock France Japan Continent Wall Street Union American Railway Association Reading Steel Steel and Local Financial Lincoln National Bank U. S&s. Government Depository Seventh and D Streets Savings Department Floyd E. Davis Robt. Callshan A. 8. Gatley Caphier Patrick T. Moran W. McK. Stowell Asi John W. Brawner Robert Callahan Robert A. Dore F. D. McAuliffe Howard E. Norton William F. Gude Peter Latterner Dani Lincoln Andrew C. Lofler Lucas P. Loving George C. Pusaphrer Samuel C. Reiman Henry T. Offterdinger William F. Downes Richard J. Earnshaw Joseph Straaburger William D. Sullivan G. Taylor Warde Albert S. Gatley Consolidated Gas, Electric Light, and Power Company of Consolidated Gas, Electric Light and Power Company of Calvert Building Fifteenth St. N. W Daniels Tella Montgomery County Tolman Steadter Middle West Cleveland Gia London Board of Supervisors Fairfax County Fairfax Courthouse Thomas A. Williams Pierce Alexandria County Lighting Company Duke Street Stonebridge Alexandria City Ballenger'’s Alligon Women’s Christian Temperance Union Mary Anna Matthews North Fairfax Street P. P. Phillips St. Papl's Protestant Episcopal Church Royersford Knights of Columbus Fitzgerald Council T. H. Fegan Harold Riggs M. E. Greene F. T. Quinn James Callan Sylvester A. Breen A. A. Lucas R. L. Carne al Phonso Lucas J. 8. Harrington L. F. Kelly John Gilroy Mrs. Lindsey Matilda Slavin Lindsey Charles T Lindsey Bridgewater Jacob W. Lindsey Lindsey St. Mary’s St. Mary's Academy Sisters of the Holy Cross Gertrude Speizler Washington Street NEW York Grain Washington Loan & Trust Co. Cor Ste J. Thilman Hendrick Hendrick 15Th St N. W Manhattan Life Insurance Co American Telephone & Telegraph Co William EB. Driver Sullivan Warne The Riggs National Bank Enna. Ave Opp Munsey Trust Company Frank A Munsey President Columbia Futcoward Swartzell, Rheem & Hensey Co Fifteenth Street Tilhives
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