Markets Rally as Rail Congestion, Cotton Watch Drives Activity
New York stocks opened higher with gains led by industrials and rail shares amid improving money market sentiment. Cited congestion on Western railways due to heavy business limited car movement, while earnings reports showed uneven results from Missouri Pacific and Chicago Northwestern, with strong gains in American Car and Foundry and General Electric as profit-taking later trimmed advances.
MENTIONED IN THIS ARTICLE
St. Louis Isle
Missouri Pacific
Chicago and Northwestern
Chicago, St Paul
Omaha
Yrica
Alltis-Chalmers
Common
Preferred
American Car and Foundry
Government bonds and markets report from New York
New York on Oct 28 reports money on call steady at 4 percent bid and 4 1/4 offer, sixty days and mosts days Cs percent, six months 4 1/2 percent. Sterling firm with active business in bankers' bills. Government bonds easy and railroads steady. Modifies Tobacco Order with a precise listing of imported bale contents to classify as either raw, mixed, or other.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Brecheres
Sotecpe
Marcial Bitte Capuita
Bay Aliver
Ori
Bonda Stesdy
Beere Shaw
Washington Loan & Trust Co
John Joy Edson
JOHN A_ SWOPH
Ets
Ellis Spear
Andrew Parker
Harry G Meem
Aoyd Taylor
Thomas Bradley
Harrison-Browning Co
District of Columbia
Heiskell & McLeran
Putual Loan and Trust &O
F St. N. W
Commercial Bank
W. Cor
G Sts
Wahder
OFH
Potomac Guarantee
Atlantic
Eut
Capital Loan Co
Local financial market opens strong on stock gains
Prices boom as buyers surge and scarcity of shares drives activity on the exchange. Mergenthaler and Lanston led advances, with gas stock and Washington Railway issues trading heavily, while the market closed with broad gains and optimism. Reports note a large insurance stock sale, rising franchise values, and a new director to the National City Bank board.
MENTIONED IN THIS ARTICLE
Mergenthaler
National City Bank
Saley
Washington Railway and Electric 4A
Chesapeake and Potomac Telephones
Norfolk and Washington Steamboatds
Capital Traction
Washington Railway and Electric Preferred
Washington Railway and Electric Common
Union Trust Company
Washington Gem
Gong
Graphophone
Stock Exchange
District of Columbia
Gis
Philippine
Washington Railway and Electric
Bristol Gas and Electric
Washington Gas Company
Washington Gee Company
United States Electric Light
Chesapeake and Potomac Telephone
Washington Market Company
Potomaic Electric
Norfolk
Washington
Safe Deposit End Trust
National Safe Deposit End Trust
Washington Loan and Trust
American Security and Trust
Washington Safe Deposit
Union ‘Trust Company
Washington Savings Bank
Home Savings Bank
Union Savings Bank
Capital ‘Traction
The
Washington Railway and
Hlestric
Bristol Gea and Electric
National Bank
Bank of Washington
Central
Wall Street Gossips On Allis-Chalmers and Major Electrics
Speculation in Washington New York reports that Allis-Chalmers may be owned jointly by General Electric and Westinghouse. Brokers see potential harmony and reduced competition if true, but note weak working capital limits near-term gains. Observers also track Pennsylvania strength, Nassau Electric, Brooklyn Rapid Transit, and rising interest in Union Pacific, Southern Pacific, and General Electric amid strong earnings outlooks and dividend expectations.
MENTIONED IN THIS ARTICLE
Commission Beurges
U. S. Steel Corporation
Chesapeake and Ohio
Norfolk and Western
General Electris
Westinghouse Electric
Allis-Chambers Company
Norfolk and Western Sommea
Wall Street
Delaware and Hudson
del, Lack and Weat
Denver and
Rio Grande
Rio G
Ee Distillers’ Securitie
Bria
Erie
Boe Erie
General Ec
Hocking
Valle
Ilinois
Central
Ele Baal International Pump
Sete
International Pump
Apage Town
Town Central
Kansas City
Kaneag City
Louisville
Noahville
Manhattan Ri
Dean Central
Inneapolia
Bt. le
Va Oe
Pennsylvania
Pullman Palace
Teu Republic Steel
Ary Rock Island Co
St. L
W. Pfa Br
Union Pacific
Cetaeons
United States
United States Realty
United States Rubber
United States Rubber Wa
States Tool
United States Steel Pea
Teves
Caro
Chemical Pi
Warach
Wabashort
Walls Fargo Express
Westinghouse Mieoirt
Western Union
Wheeling
Wisconsin Ee
Wisconsi
Central Play
Wales
Enn
Tao
3 Street
Ni Co
York Stock Exchange
Chicago Board ‘of Trade
Washington Stock Exchange
New York
Aera
U . 3A
American Tobacco
Atchison General
Atchison Adjustment
Baltimore and Ohio
Brooklyn Rapid Transit Co
Central of Georgia
Istine
Central of Georgia 24
Chicago and Alton
Chicago, Burlington and Quincy New
Chicago
R. 1 and Pacific Railroad
R. I. and Pacific Railroad
Ad. Ta
CG and
St. Louis General
Colorado Industrial Fa
Merien
Colorado
Wensss and
Texas $A
National Railroad of Mexico
New York Central General
New Jersey Central General
Louis Southwestern
Boulevard Air Ling
Southern Pacific
General Electric
Westinghous
Allis-Chambers
Allis- Chambers
Brooklyn Rapid Transit
Nassau Electric Railway
Brooklyn Rapid Transit Aggregaton
Nassau Company
Stocks in Insurance and Manufacturing Firms Listed Patchily
A fragmented OCR style listing shows stock prices for many firms including American Graphophone, Metropolitan, and Columbian, with numbers like 45, 235, 30, and 66 percent. Mentions of insurance stocks, graphophones, and machinery names appear among scattered financial entries and dividend notes.
MENTIONED IN THIS ARTICLE
Farmere and Mechanical
Columbis
Capital
American
Lincoln
Franklin
Metropolitan
Corcoran
Potomac
Arling
Top
National Union
Columbia
People's
Commercial
Coloni
File Insurance stoke—Real Tatata
Th. Co
Tembin
Washington
Checaneake
American Graphophone Command
American Graphophore
Washington Market
Norfolk and
New York Grain Market News And Price Movements
New York reports firm wheat with bullish futures and big world shipments offsetting gains. Wheat prices advance on bull crop expectations, then ease. Coarse grains show mixed receipts and exports with modest gains in oats and corn as Liverpool influence steadies prices. In Chicago, wheat closes slightly down on bearish weekly stats amid steady Liverpool influence.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Fort William
Port Arthur
Lakes
COEN
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Tod Exchange
Chicago Board of Trade
Chicago
Liverpool
United Stats
United States
Minneapolis
Chicgo
Corm Belt
Pereet
Baltic
New York Cotton Market Surges on Frost Losses
New York cotton prices jumped amid frost damage and strong demand from wire and commission houses. Prices rose to near season highs with January trading around 10.47 as heavy realizations and renewed buying supported futures. closing near the day’s top. Southern markets edging up slightly and receipts forecast higher but viewed with skepticism due to crop estimates.
MENTIONED IN THIS ARTICLE
New York
Op Frost
Elaca
Liverpool
Baltimore Markets Update From October Prices and Receipts
Baltimore markets report mixed commodity activity with flour and corn shows. Firm receipts rise to 18 296 barrels for flour and 26 060 bushels for steamer No 2 red. corn bids vary across months and grades including southern white and yellow varieties.
MENTIONED IN THIS ARTICLE
Baltimore
Red
Southern
Grain and dairy price brief from mixed market listings
Market notes show No 2 mixed grains at 28 3d per cent repeat, rye firm with Western No 2 at 69 44 70 export and 3 74 domestic. hay quiet No 1 timothy 1440 1500. butter steady at 19 20 fancy creamery 23 24. eggs and cheese steady. sugar grains steady 4.00 to 4.90. steam freight to Liverpool 3 per bushel.
MENTIONED IN THIS ARTICLE
Liverpool
Cork
New York
Extra
Pennsylvania
Walt
Rio
Cordova
Maine
Long Island
State
Jersey
London
Cleveland
Northern
Houthern
Southern
New York Produce Market Prices and Commodities Report
New York prices listed for butter, cheese, eggs, flour, and related goods with receipts and market levels. Includes cottonseed oil, molasses, coffee, sugar, peanuts, freight rates, and metals such as copper, lead, iron, and tin futures, plus copper and lake metal quotes and market sentiment.
LIVESTOCK MARKETS REPORT FROM CHICAGO TRIBUNE
Receipts 8 560 cattle and calves and 10 600 sheep and lambs with mixed price movements noted. Cattle firm to 1c lower, hogs steady to 4c lower, sheep and lambs generally higher. Exports tomorrow listed. notable quotes include steers 2.35 to 4.15 and hogs 4.00 to 5.80. A humorous satirical exchange ends with “all the president's relatives.”
MENTIONED IN THIS ARTICLE
London
Liverpool
Wenterna
Canada
State
Pennsylvania
Chicago
Also Mentioned on This Page
Washington Post
Berlin
Paris
Stering Exchange
NEW York Stock Market
Salem
High
Agosigematet Co
Aay
Wea
War and Foundry
Am Cer
Enaaey
Leo Ant
Mae Daz Avaconda Moving Co
Johnson
Atohison Pth
Omo
Pacifc
New Jersey
Laather
Hetegoeke
BI Pene Wad Axton
Logal Financial
Lanston
Union Trust
Per Exchange
J. Thilman Hendrick
W. W. Burdette
Hendrick
Lewis J. Davis
Mutual Life Insurance Company of
Washington Railway and Electric Company
Waishington Stock Exchange
W. H. Main
Baptist Commanuel Church
Bulfaia
O Donnells
Baruch Brothers
Dominishk & Dominick
Ponnnsylvania
New York Central
Delaware
Hudson
S.ory
Great Northern
Northern Pacific
U. S. Steel
C. D. Barney & Co
Westinghouse
N. Y. Glucose Co
Glucose
Ihs
Niewspaper
Washington 'S Stock Exchange
Saiea
Galen
Case
Orieaat
Brek
Savannah
Wilmington
Beltimore
Sui
Boston
Philadelph
Houston
Alleedy
Auguste
Lou
Cincinnati Ss
Great Brittain
France
Great Britain
Mexico
Igig & Street
Chicago Board of Tracts
Recorder's Office
Utle
Swartzell, Rheem & Hensey Co
Warner Building
F. H. Smith Co
N.Y. Ave
Ayer
National Safe Deposit, Savings & Trust Co
Cor. 15Th and
New York Ave
Brefore
Checis
American Repress CO
Traders National Bank
N. W
U.S
International Banking Corporation
Lewis Johnson & Co
N.W
Francis H Smith
Alvin M Lothrop
Quincy &Mith
John 8 Sloman
G O Watson
Jacknon T. Ralston
Kimball
Seelam
GN. Y. Ave
Riggs ‘Sing Pa. Ave
U. S. Treasury
Ereaidany
Chesley & Spence
Fate
Fisk & Robinson Bankers
Government
Cedar Street
State Street
Arthur, Wall, Lynn, Wall & Co
Adams Building
M. J. Sage & CO
Washington Savings Bank Cor
Sta. N. W
Wwe
Metropolitan Loan
Street
George J. Easterviday
Washington Stock Cachange
Streai Bn
Lgaxco
Pianog
Ifree
Striefly
National Mortgage Loan Company
Celta
Folman
Carceran Bldg
Ois