Wall Street Drops After Vanderlip Remarks Spark Selloff
Wall Street reversed early gains in a sharp afternoon slide after Frank Vanderlip warned that stock market speculation at current price levels could provoke temporary disaster. Overnight London market optimism faded as traders dumped active shares, with rail and industrial issues leading losses amid firmer call money and a rising exchange rate.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Oct. Il
London
Berlin
Lecat
New York City Railway Company
Wisconsin Central
Washington
American Bankers’ Association
Frank Vanderlip
Tne
Wiall Street
Wall Street
Vanderlip
Stock Exchange
New York Grain and Stock Market Report
New York, Oct. 14 reports rye steady and wheat surging under bull control. Wheat receipts 91,900 bushels with exports 31,913. corn stronger with exports and Western buying. Oats receipts 221,800. provisions firm on packers demand. live hogs and lard higher. June estimates for tomorrow include wheat, corn, oats, and hogs.
MENTIONED IN THIS ARTICLE
New York
Armer
Duluth
Northern Manutabz
Shorts
Liverpool
Sim
New York Produce and Market Reports October 11
Money on call firm at 5K7/8 percent with varied terms for loans. Sterling exchange steady, government receipts and expenditures cited. Butter cheese eggs and flour trade notes, cornmeal buckwheat rye hay hops and oils listed. London metals rise with local prices mixed. copper and iron prices noted with regional quotations.
MENTIONED IN THIS ARTICLE
New York
Eagy
Prime Mercantile
Sterling Exchange
Petual Businees
Bankers
Cordova
London
Lekate
Standard Foundry
Cleveland
Foundry Northern
Fountry Northern
Foundry Southern
Ge Toga
Wall Street Gossip Signals Steel Bullish Outlook
In New York Oct, bearish to bullish sentiment grows as John W Gates predicts a record steel year ahead and renewed earnings. Iron foundries, like American Steel Foundries, report stronger results and potential dividends, while Metropolitan Street stock hints at discounted risks. Reading, Lackawanna, Delaware and Hudson surge, with Jersey Central joining the rise as market talk swirls around future dividends and stock movements.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Oct
John W. Gates
Iron and Steel
American Steel Foundries
Reading
Lackawanna
Delaware and Hudson
Jersey Central
Wall Street Notes From Washington Railway and Related Stocks
At yeatemway's meeting of the stock board bids for Washington Railway Company stock climbed from 911-8 to 913-3 as 22,500 shares changed hands amid strong demand. Grapho phone and gas shares showed unusual activity with high prices, while capital and bank stocks fluctuated. The eventful evening included praise for ex president William Mears and plans to sell a seat on the exchange at 10,000.
MENTIONED IN THIS ARTICLE
New York
Alen, Law
Als Adams Bexprage
Amalgamated Copper
Car and Foundry
Am Car and Pountry
American Cotton Oil
American Xpress
American Ice Securities
Lee
American Sugar Refining
Anaconda Mining Co
Atchison Ae
Atchison
Aunutle Coast Line
Altimore and
Ohio
Baltimore and Ohio
Brooklyn
Canadian Pacifc
Central of New Jersey
W. B. Hibbs & Co
Bank
Chicago and Alton Ergand
F Street
Chicago and
Alton
Big Chicago Great Western
New York Stock Exchange
Washington
Chicago
Northwestern
A Stock Exchange
Chicago Board of Chicago
Mil
St. P
St Louis
Colorado Fuel and Iron
Colorado
Southern
Bi Mayer
Cole
South'n
Dezemyar
South
Mayer
Ty Consolidated Gas
Delaware
Denver and
Rio Grande
Denver
Rio G
Erie
General Electric
Liverpool
Hecking Valley
Illnois Central
Popery
Provisions
International Paper Pi
International
Pfa
BBE
Jewa Central
Jawa Central
Kansas City Southern
BA AB
Louisville
Nashville
Minneapolis
St. Pi
S. Ste. M
Northwest
Issauri Pacife
Ontario
Wea
Norfolk and Western
Norfolk and
Arthern Pacific
Bradstreet's
Tcopke
Pirs
W. Co
St. L
Preccd Steel
Minnendotm
Pulbuan Palace
San F
St. Louis Southwestern
Southwastern
Southern Pacife
Southern Pacific
Southern Railway
Tennessee Coal and Iron
Bae
Toys and Pacific
Toledo
Union Packie
United Suites
Express
United States Realty
United States
Ubber
States Steel
United
United States Steel
Carolina Chemical
Arolina
Westinghouse
Western Uatov
Wheeling and Laxe Brie
Wisconsin Central
Chicago Board of Trade
Washington Stock Exchange
Yeatemway
Stock Board
Washington Railway Company
Norfolk and Washington Steamboat
Graphophone
Greene Copper
Lanston and
Mergenthaler
Capital Traction
Commercial Bank
National Safe Deposit
Exchange
William Mears
The
Stock Exchange
George J. Easterday
Eee
Washington Stock Exchange closes with varied quotes and notes
Closing quotations from yesterday show diverse bids across rails, gas, electricals, and bonds. Notable entries include Washington Railway and Electric common at 43 and preferred at 92, District of Columbia bonds around 117, and United States Electric Light certificates near 101. A market roundup outlines insurance and bank stocks, with several issues trading near midrange values and minor shifts in bond prices.
MENTIONED IN THIS ARTICLE
National Metropolitan Citizens Bank
Washington Gag
Greeny Copper
Stock Exchange
District of Columbia
Philippine Land Purchase
Capital Traction Railroad
Metropolitan Railroad
Columbia Railroad
City and Suburban Railroad
Anacostia and Potomac
Washington Railway and Electric
Bristol Gas and Electric Ss
Washington Gas Company
Washington Gas Company És
United States Electric Light
Mprovement
Chesapeake and Potomac Telephone Ss
Washington Market Company Ist
Potomac Electric Light Ist
Norfolk and Washington Stramboat
Safe Deposit and Trust
National Safe Deport Aid Trust
Washington Loan and Trust
American Security and Trust
Washington Safe Deposit
Union Trust Company
Washington Bavinga Bank
Home Savings Bank
Union Savings Bank
Railroad stocka—Capital Traction
The
Washington Railway and
D Electric
Washington Railway and Electric Common
Bristol Gas and Electric
National Bank
Commercial
Bank of Washington
Metropolitan
Central
Farmers and Mechanicn
Second
Columbia
Capital
American
Lincoln
Firemen’s
Franklin
Corcoran
Potomac
Artington
National Union
Riggs
People’s
Colonial
Washington
Chesapeake and Potomac
Washington Gas
Georgetown
Morgenthaler Linotype
Onotype
Janes Titocks- Greene
Consolidated Copper
Frost News Spurs Cotton Market Rally Then Fades
New York reports frost in the northwest cotton belt and forecasts frost in the eastern belt. The market edged up early on higher cables and expectations, then eased as selling and bear pressure returned, closing about half its earlier gains with southern spot markets steady to higher.
MENTIONED IN THIS ARTICLE
W. B. Hibbs &Co
New York Stock Exchange
Washington
Stock Exchange
Chicago Board of Trade
New York
Cotton Belt
Selea
Memphis
Arkansas
Live Stock Markets Report From New York and Chicago
Receipts at New York on October 12 show cattle and calves mixed with firm veal and higher sheep and lamb prices. Hogs were weak while New York exodus includes cattle and beef quarters. Chicago markets remained steady with cattle, hogs, and sheep showing narrow gains and robust calf activity.
MENTIONED IN THIS ARTICLE
New York
Canada
Chicago
Baltimore Markets Grain Prices and Supplies Report
Baltimore markets report steady prices across grains and dairy on October 12. Luxuries mix with firm No 2 red Western and Southern corn and oats bids. Receipts show 7,602 bushels of Southern corn and 16,070 bushels of oats, with broader exports and futures quoted for October through May contracts.
MENTIONED IN THIS ARTICLE
Baltimore
Tour of Norfolk and Western inspection by Cassatt officials
Alexander J. Cassatt president of the Pennsylvania Railroad and other Pennsylvania officials inspected the Norfolk and Western rail line from Columbus to Williamson West Virginia. The party rode the Scioto division today and will cover the Columbus Williamson stretch today and tomorrow with a Friday stop on the Portsmouth Cincinnati division.
MENTIONED IN THIS ARTICLE
Cassatt
Pennsylvania
Columbus
Ohio
Alexander J. Cassatt
Pennsylvania Railroad Company
Johnson
Norfolk and Western Railroad Company
Scioto
Norfolk and Western
South Atlantic
Cassatti
John P. Green
Pennsylvania Railroad
Pirat
James McCrea
Pennsylvania Lines
Pittsburg
Williamson
W. Va
Cincinnati
Portsmouth
Western Union Earnings Drop on Racing Reports Discontinuance
The Western Union Telegraph Company reports a decline in gross earnings to 29,035,695 for the year ended June 30, a 215,755 decrease linked to discontinuing racing reports. Net earnings fell to 7,188,065, down 699,410, with surplus after interest and dividends at 1,002,781, a drop of 768. Directors elected Harris C. Fahnestock and Thomas H. Hubbard, replacing A. R. Brewer who resigned and Charles Lockhart who is deceased. other directors re-elected.
MENTIONED IN THIS ARTICLE
New York
Prass
Western Union Telegraph Company
Clowery
Gay Harris C. Fahnestock
Thomas H. Hubbard
A. R. Brewer
Charles Lockhart
Also Mentioned on This Page
American Tobacco
Atchnnon General
Atchison Adjustment
Atlantic
Laure
Central of
Burlington and Gurney
Chiago
Pacine Railroad
St. Laie General
Chitago
Colorado Indos
Toa Colorade Int
Colorado Midland
Celoraig Aid Southern
Cuba
Rio Gran Distillers
Erro Pria
Man
Erto General
Fort Worth
Beaver Chtyier
Howking Valley
Japan
Serias Japan
Seriiheates
Lantaville and A Pte
Unified & Marhattan Consol
Missouri
Winsas
Texas
Kartas
National Raiload
Mexico
Consol
Dew
Genera
Northern Pacific
Norfolk
Gtal Western
Qregan
Wheeling
Lake Enets
NEW York Grain
NEW York Stock Market
Baltimore and Return
Congressional
U.S
Oko
New York City Railway
Local Financial
Columbia Bank
National City Bank
Martin F. Morris
W. G. Dunnington
Virginia
P. A. Drury
T. Lanner
Charley Kraemer
H. H. Darneillie
William A. Hil
Henry Hwans
C. H. Ackert
Charles J. Walker
Robert M. Heth
A. G. Clapham
Charles H. Carr
District Association
Burroughs Adding Machine Company
New Willard
William Worthington
American Bank
Joshua Evans
R. J. Earnshaw
GB. J. Depenbrook
Walter Flant
Metropolitan Citizens’ Bank
Washington, Railway and Electric
Washington Railway and Electric Preferred
Washington Metcompent, Company
Norfolk and Washing
Baily Cotton Report
Galveston
Mdg
New Orient
Mobile
Greene
Savannah
Charleston
Wilmington
Boston
Philadelphia
Ae Houstor
Augusta
Meinphie
Stoamy Siereesen
St. Louis
Britain
France
Continent
Great Britain
México
N. W
Washington Stock Exchanges
Chicagre Board of Trade
HE Banking Dept
National Safe Deposit, Savings G Trust Co
International Banking Corporation
Washington Branch
St. NW
Savelees
U. S
Traders National Bank
Fisk & Robinson
Cedar Street
State Street
M.a.phillips, Jr
Colorado Building
J. H. Hilsman & Co
Western Union Eearnings
Etters of Credit
Riggs Bank Pa. Ave
U. 5
Treasury
F. H. Smith Co
Y. Ave
Bond
N.Y. Ave
Reatstein District of Columbia
Ayatt Beukell
Mcleran
Washington Savings Bank Cor
Sta. N. W
Washington Savings Bank
I F Street
Greulich, Martin & CO
ASE Agi
Chesley & Spence
Colorado Bidg. Tel
Arthur Wall
Lynn, Wall & Co
Adams 5
RGN
Wade & Hedges
M. J. Sage & CO
Warder Building
Sth
F Sts
Lewis Johnson & Co
N.W
Halle & Stieglitz
Broad St
New York Stock
Hunter
Doll
Washington Loan & Trust Co
John Joy Edson
SWOPH
Ellis Spear
Andrew Parker
Harry G Mbem
Boyd Taylor
Thomas Bradley
Mercial Bank
Metropolitan Loan & Trust Co
Onra
National Loan and Investment Co
15Th
Sts. N. W
U. S. Treasury
Capital Loan Co
Aquara
Potomac Guarantee Loan CO
Surety Loan Company
Warderk
PIAN
Building and Leena Association
National Mortgage Loan Company
F ST
Wutual Boan and
I Trust
Retsi
Merchante
Howees
Out Security
Tolman
Huom
Corce