Market Mixed After German Rate Move and Bank News
Stocks fluctuated on New York exchanges as German rate cuts and a large bank surplus influenced early gains. Missouri and Texas shares led small advances while most other issues showed little change amid broader market uncertainty.
Wall Street Gossip on Market Rally Fades After Highs
Special to The Washington Foat reports in New York on October 1 that stocks rose briefly after the bank statement but soon stalled as buyers stayed cautious. Amalgamated Copper lagged, Union Pacific and Southern Pacific failed to regain pre-death vigor, and traders blamed a tepid rally on uncertainty around leadership. Bank loans fell, call money rates rose, and time loans attracted demand as the money market tightened. The German rate rise drew blame from critics, though German trade and pig iron output showed gains. Columbus Day closures loom for U S markets except Boston and New Orleans. A veteran trader cautioned against chasing tips in a weak market.
MENTIONED IN THIS ARTICLE
Washington
New York
Awas
Ischamgs
Imperial Bank
Germany
Reichabank
Weis
Io- Wyanaket
Missouri
Texas
Wall Street
Columbus
Stock Exchange
Wall Street Commission
Heusenhavn de Maronean
Rogers
Uniony Pacific
Southern’ Pacific
Jacob H. Schift
Harriman
T Janoé
Tomorros
Toana
City Bank
National Bank of Commerce
Call
Paris
London
Crorine
Satoe
Igh
Lew Gla Jon
Iaigh
Low
Bidan eoniantis-Chalmers
Bey
Bisanai
Amalgamated Copper
Kansas City Southern
American Agricultural
Gia
Kamaas Grey Southern
Hilde
At. P
Ste. M
American Ten Securities Co
I Air
Missouri Pacific
Smart
Biwcult
Pioda
American Sugar Refining
American Tel
Hatrea
New York Central
Armerican Tobacco Dds
Atrl AB
American ‘Woolen
Nortalkan ‘Western
Anaconda Mining Ce. Ata
North Amercan
Arellean
Northern Paci
Atchison Pia
Pacific Mall
Stel A
Atlantic Coast Line
Aay
Eom
Chesapeane
Ouleath
Rock Teland
Chicago
Attaw
Aria
Rock Island Co
Pra
Ncileage Great West
Louis Youthwestern
Aig
St Paul
Lowe
Stoss-SheMala St
and Iron
Colorado
Southern Pacific
Calorado and
Souther
Southern Railway
Cole
South
Jat Pia
Southern Nasway Ptd
Teungexee Copper
Lal
Puette
Denver
Re Grande
Rio Grande
Basity
Erle Ag
Wabeah
Olla Central
Western Maryland
Westinghouse Electein
International Harvester
Weatern Union
el Toe
Mygenia Pia
Wheeling and
Lake Iors
Wisconsin Central
International
New York Stock Market Mixed as Treasuries Rise and Industrials Fall
The day saw mixed action with higher remittances expectations to London and pressure on U.S. stocks. Banks reported note and deposit movements in Washington and substantial activity in gold and silver markets while bond quotes and cattle and hog receipts influenced the broader market tone.
MENTIONED IN THIS ARTICLE
Brun Uf
London
Forthcomstenk
Puscome
Uiese Loray
Helly
Mars
Natianal
Fnandal
Washington
Juin
Hunlann
Godan
New York
San & Wesabe
Nationa
Hankn
Fa Philippios Creasury
Resee
Apaiagste Bai
Bas Lene Rem
Iablities
Ion Ag
Boston
Corea I
Mate Keats
peaRe Sr
Wotago
Roy
Bar
Lidrudts
Sigtne
Albans
Boston & Salca
Siam
Lowe Spa
Unas
Texas
Ortolk Und Western Co
Roches
Ea Sur
San Fragetaco
York
Westinghutise
LIVESTOCK MARKETS REPORT FROM NEW YORK OCT 1
Market notes across cattle hogs sheep and wheat futures with mixed receipts and bids. Highlights include cattle steady to firm on 26000 head outlook, hogs lighter, and sheep and lambs varying with some higher trends. Wheat and corn futures show spot and contract price activity with Western and No 2 classifications noted. Grand Trunk Railway presidency resignation rumor linked to Charles Rivera Wilson.
MENTIONED IN THIS ARTICLE
New York
Breves
ASB
Calvins
Yearling
Zope
Aleady
Weare
Ntrang
Merkot WipiGe
Dallimers
Flemer
Western
Gorn
Bush
Moh
WBGIE
Mat Hloady
Timothy
Finm
Liverpool
Cork
Pat Muarter
London
Vet
Yat Sanitary
Charles Rivera Wilson
Grand Trunk Railway
Denards
Sharks Id
Washington stock market items and bonds overview
Washington stock list and bond notes including railroad bonds, trust company shares, savings banks, insurers, and general merchandise stocks. Entries reference American Security Union Trust Home Savings Merchants Union Savings and other named firms with brief price-like figures and dates.
MENTIONED IN THIS ARTICLE
Ofelock
Caphal
Hansen
Doruy
Hieiea
Cea ‘Trust
Rewe
Way Beaton
Ae Trust Company
American Security
Union Trust
v/ cee SAVINGS BANE
Home Savings
Erty Merchants
We Union Savings
Enel
Washington
IND
Artin c
Emerson Steam Pump
Graphophone Com
Beourlty Borage
Washington Market
Washington Produce Market Prices Reported by Virginia Sellers
Wholesale quotations from Virginia and surrounding states show steady demand and firm markets for fruits and vegetables. Live poultry and dressed meats list varied per pound and per hundredweight while fruits such as apples and oranges price by box or crate and vegetables include potatoes, cabbages, beets, and corn with mixed regional availability and units.
MENTIONED IN THIS ARTICLE
Fancy Virginia
Waar Viside
Southwest Virginia
Tennencee
North Carolina
Hutter
Atricity Tency Gaoda
Revavalet
New York State
New
Tome
Oranger
California
Florida
Polatans
Asker
Tere Yuee
Bath
Cetery
New York
New York Produce Prices and Trade Notes Summary
New York market digest reports varied produce quotes and receipts across items. Western chickens and fowls show 13 to 16 18 cent ranges, creamery specials noted, receipts tallied around 7,212 and export totals near 188 million. Prices drift higher in modern demand with copper, sugar, wool amid steady to firm tones. peanuts and potatoes show mixed readings as cabbages hold around 1.60 to 3.59 per 100.
MENTIONED IN THIS ARTICLE
En York
Get
Western
Gapericube
Bognib
Amarica
Soady
Skea
le West
Rio
Santor Ko
Cordova
Sel
Breighte
Liverpool
Wtsam
Seagean
New York Cotton Market Sees Early Decline Amid Storm Rumor
The New York cotton market opened steady then declined as storm news from Florida affected sentiment. December contracts rose to 12.59 while nearby months advanced modestly. overall activity centered on exports and potential weather impacts. Southern spot markets remained largely unchanged with no confirmed storm effects on prices.
MENTIONED IN THIS ARTICLE
New York
Oct
Coset
Florida
Livepool
Grat
Drexel Beller
Fox Jong
New Orleans
Liverpool
Nadi
Spor
Washington Cattle Market Mixed activity for cattle lambs and calves
Cattle and hogs show varied demand with calves active and lambs in demand. Wheat and corn futures edge higher with export demand and Northwest strength supporting prices. cash grain markets display mixed receipts and firm spot prices amid unsettled futures.
The Metal Market Eyes London and New York Trading Signals
New York metal quotes show mixed activity with copper, tin and lead varying. London prices ease while local dealers note unsettled demand, imports boosting activity, and Southern foundries quoting slight gains on No. 1 and No. 1 Southern iron in varying tonnages.
MENTIONED IN THIS ARTICLE
New York
iLothe Masiot
Glover
Dreembar
London
Moe
Inke Casper
Vizhi
Newark
East
St. Lake
East St. Louis
Cleveland
Watwation
Bouthern
Southern
Bouthers
Kentucky Agriculture chief backs tobacco pool drive
Kentucky State Commissioner of Agriculture Renkin issued a vigorous appeal to farmers urging them to pool their crops in the closing week of the tobacco pooling campaign. The move signals opposition to Governor backed independents. Renkin also assures pardons for those defending home and property against Night Riders.
MENTIONED IN THIS ARTICLE
Kentucky Agricultural Commission
Frank Ort
Renkin
Kentucky
Rankin
Guy
A. E. Willsey
Oleo Case Compromised by Cudahy Packing
Leavenworth Kans Oct 11 The Joe Cudahy Packing Company paid 3977.60 in taxes and fines after a compromise ending a federal case. They were fined 45000 back stamp tax 4717.00 and 10000 for agencies, indicted on 85 counts for coloring oleomargarine and selling uncolored product with lower tax.
MENTIONED IN THIS ARTICLE
Cudahy Company
Leavenworth
Kans
Joe Cudahy Packing Company
By & Compromise
Supreme Court Opens New Term in Reduced Session
The Supreme Court began its regular term with a small bench and a crowded gallery. Notable attendees included Attorney General Wicksariam, Solicitor General Bowers, Senator Hughes, and former Secretary Carlisle. The day focused on bar admissions, motions, and proceeding on certiorari petitions, including the Mutual Life Insurance case over a $100,000 policy on Lucius H. Perkins.
MENTIONED IN THIS ARTICLE
Fuller
Harlan
Brewer
Watte
Holmes
McKenna
Supreme Court
Peckham
Moody
Tui
Theer
Wickersiam
Bowers
Hughes
Colorado
Carlisle
Elgath
Mutual Life of New York
Lucius H. Perkins
Kansas
Mutua Lif Insurance Company
J. William McCue
McCue
J. Samuel McCue
Charlottesville
Mc“ue
Mutual Life
Refusal to Pay Note Over Gambling Debt Ruling
A Tennessee case involved William son who refused to pay a note claiming it funded a gambling debt, which Tennessee and Memphis courts deemed illegal. The United States circuit court for the district of Memphis ruled against him, but the Fifth Circuit Court of Appeals reversed in line with Williamson's arguments. The court adjourned after an advisement and admitted nine lawyers to practice before the Supreme Court. The session lasted 40 minutes.
MENTIONED IN THIS ARTICLE
United States
Western District of Virginia
United States Circuit Court of Appeals
Fourth Circuit
Insurance Company
Supreme Court
Cottch Feak
Agricultural Department
Efudson Railway Company
J. M. Beck
Albany and Susquehanna Railroad Company
Delaware and Hudson
Delaware and Hudson Road
Susquehanna Road
Dhe
Garhote
Porto Rico
Congress
Newburyport
Mass
Citizens Savings Bank of
Providence
James A. Felker
United States Circuit Court
Court of Appeals For
First Circuit
Huey & Co
American Aika Company
United States Etranic Court
District of
Pennsylvania
Williamson
Cotter
Sergugh
Mgoray i Eran
Tennessee
United States Circuit Court For
District of Memphis
Court of Appeala
Fifth Circuit
Denatured Alcohol Lectures At Department of Agriculture
Farmers and small manufacturers attend ongoing lectures at the Bureau of Chemistry to study denatured alcohol production. Mr Sawyer and Dr LeClerc lead sessions with topics on fermentation, materials for manufacture, distillery management, and IRS regulations, using potatoes and beets as potential feedstocks.
MENTIONED IN THIS ARTICLE
Bureau of Chemistry
Department of Agriculture
Masn- Sawyer
J. A. LeClerc
Congress
H. W. Berger
Sewyer
RP. O'Brien
W. Hubbard
R. M. Strong
Ballinger urges congressional action on phosphate and coal lands
Secretary Ballinger issued a statement on the Sierra water supply and mineral lands, urging Congress to legislate for phosphate lands in public domain and for coal land entries in Alaska. He cited emergencies for permanent reservation for naval purposes and to curb monopolization. A separate item reports John Burke leaping from a third story window after fearing an attack, suffering a scalp abrasion and hospitalization for mental health evaluation.
MENTIONED IN THIS ARTICLE
San Francisco
Richard A. Ballinger
Sierra
Rocky Mountain States
Alaska
Congress
John Burke
Pennsylvania Avenue
Boswell
Casualty Hospital
Burke
Washington Asylum Hospital
Also Mentioned on This Page
New York Exchange
Ioana
Philadelphia
Giovanni DV. Morosini
Mr. Morosin
NEW York Stock Market
Curb Market
THE
United States Treasury
Toledo
Ghio
North Uimae
St. South Lins
Asted Am
Steel Foundry
American Tobacco
Aaa
Boston Copper
Butte Coal
Sunway
Cumberland Ty
Goldfeld Consolidated
Grrens-Gapsnon
Idty la Rose Consolidated
Miami
Pia Nevada Consolidated Ae Neveas
Wta
Nawhiasea As
Niplustny Hiows
Standard OW
Rmn
Western Pacific
Ts Yuron Gold
Shna
Baltimore
Washington Stock
Washington Produce Market
Mac
Galveston
Savannah
Newfor
Oston
Jacksonwilli
Houston
Stead
Memphis
Nzsr
St ‘Louis Steads
Britain
France
Continant
Jay Stack
Washington Cattle Market
NEW York Grain
Usionem
Dacomber
Chicago Grain
Board of Trade
Get. U
Prime Mercantile
Actus
Dee. Ry Ae
Daly Bao
New York Morey
A. H. Clift
Supreme Court of the
Joseph F. Shipp
Chattanooga
F. Johnson
Mr. Shipp
Madeupty
Jeremiah Gibuon
Gift
Johnson
Btste
Shipp
Gibron
Clitt
Thelacrara
Fenancial
Financiat
I T
Bam
Supreme Security
National Capital Bank
Penna. Ave. S. E
W. B. Hibbs &Co
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Fibbbs Building
E. F. Hutton & CO
Bankers
New York Cotton Exchange
New York Coffee Exchange
Chicago Board of Frade
F Street N. W
Los Angeles
Thomas L. Hume
Edward F. Caverly
Gapitar and
Sarnia
Apfon
Ai National Iz2s Bank
Pennsylvania Ave
Peary
Cook
North Pole
Sunsay
Harriman & Co
G.B. Chipman Manager
National Savings and Trust Company
New York Ave
AG. Plant & CO
14Th Street
N.W
Washington Lock Exchange
J. S. Bache & CO
Methine Ton Exchange
District of Columbia
Swartzell, Rheem & Hensey Co
13Th Street
E. E. Taylor & CO. Stock Brokers
F St. H.W
St. NL W
Guray Bldg
Wade & Hedges
G St
Guray