Trading Not So Heavy Weak and Strong by Turns
Foreign markets show firmer undertone yet quieter trading as London settlement nears. Norfolk and Western and Chesapeake and Ohio rise on dividend rumors, coal stocks hit new highs while Rock Island shows weakness amid costly maintenance outlays. cotton futures gain on anticipated census data and favorable crop expectations.
MENTIONED IN THIS ARTICLE
London
Norfolk and Western
Chesapeake and Ohio
New York
Stock Exchange
Armer
Paris
Sterling Exchange
Imperial Bank of Germany
Reichbank
United States
Norfolk and Western Common
New Jersey Central
Delaware and Hudson
Reading
Pennsylvania
Hrooklyn Rapid Transit
Ontario and Western
Kansas City Southern
Southern Pacific
Rock Island
Rock Island Common
Wall Street Gossip on London Stocks and Readings
London selling of Pennsylvania attracted less attention than buying by Charles D. Barney & Co and Charles G. Gates & Co. Traders expect gains as convertibles mature, while Delaware and Hudson offers value against Lackawanna. Reading shows professional buying in smelters and hidden assets in Reading Iron. Chesapeake and Ohio dividend prospects falter with earnings under 2 percent.
MENTIONED IN THIS ARTICLE
Waslington Post
New York
London
Pennsylvania
Charles D. Barney & Co
Charles G. Gates & Co
Delaware
Hudson
Lackawanna
Delaware and Hudson
Buffalo
Chesapeake and Ohio
Rock Island
Rick Island Common
Market notes on rail and steel stocks and dividends
New York stock market activity centers on Chesapeake and Ohio dividend policy, Norfolk and Western dividend hopes, and gains in St Paul Jersey Central and Ontario and Western. Analysts weigh price movements against expected dividends and evolving traffic, with Pacific Mail and Stand ard Company cited amid broader efforts on ship subsidies and corporate profitability.
MENTIONED IN THIS ARTICLE
Norfolk and Western
Atchison Common
Jacob Field
St. Paul
Rockefeller
Jersey Central
Delaware
Hudaan
Ontario and Western
Poughkeepsie Bridge
New England
New York Bond Market Shows Mixed Trading Amid Prices
In a busy session the New York bond market displayed scattered gains and declines across issuers including Amalgamated Copper Am Car and Foundry American Cotton Oil and American Express with investors watching industrials and rail names. Dealers noted varied demand as prices fluctuated and yields moved modestly, while spot commodity quotes remained largely steady for cheese eggs and flour as markets digested mixed reports.
Stock Exchange Session Ends With Record Trading Volume
A near record attendance packed the gallery as investors watched shifts in Metro politan Bank and Riggs Bank shares. Washington Railway bonds moved, and preference stock rose while common dipped. total trading reached 404 500, the largest single day. Suson Hutchins returned to the floor with a warm reception and new member J Thilman Hendricks performed duties.
MENTIONED IN THIS ARTICLE
The
Stock Exchange
Zens’ Bank
Riggs Bank
Washington Railway Company
Union Trust
Washington Loan and Trust
Suson Hutchins
J. Thilman Hendricks
Market Summary of Stocks and Grains Across Regions
Columbia stocks show minor 10 percent and 3 percent variations while Wheat and Corn futures edge up on Russian strike news and strong overseas demand. Wheat December trades around 87 to 88 cents a bushel with firming, corn gains modestly, oats mixed, and visible supplies offset by export demand as markets close higher.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Chicago
Russia
Liverpool
Danubien
United States
Minneapolis
Duluth
Tao
Live Stock Markets Report from New York and Chicago
New York receipts show 1184 cattle heads with steady demand for native dressed beef and steady calf and lamb markets. quotes include dressed veal 9 60 per pound and country dressed veal 12 corns. Chicago cattle receipts reach 19000 with steady trade. hogs 23000 with prices 5.20 to 5.50 for shipping and select sales.
MENTIONED IN THIS ARTICLE
New York
State
Pennsylvania
Chicago
Grain and meat market report shows firmer prices across staples
Market activity remains strong for livestock and grains with firm to higher prices. Sheep and lambs trade firm, wheat and corn futures display firmer quotes, oats steady, rye firm, and grain freights unchanged. Butter and eggs hold steady as sugar remains steady. Receipts cited include 14,643 barrels of flour and 23,611 bushels of mixed corn.
MENTIONED IN THIS ARTICLE
Baltimore
Southern
Rample
Russian Loan Terms Near Final Agreement Report
In St Petersburg negotiations for a new Russian loan advance rapidly and appear nearly assured with American participation seen as certain. The issue will carry 4 percent interest and be issued at ninety one. Liberal papers oppose a large loan before the national assembly meets. Proceeds are stated to mainly fund war debts.
MENTIONED IN THIS ARTICLE
St. Petersburg
Vel
J. Pierpont Morgan, Jr
George W. Perkins
Howevver
National Assembly
F Street
National Loan and Investment Co
N. E. Gorith
Plot to defraud alleged in petition for receiver at Independent Brewing
Chicago news reports a bill filed in the Superior Court seeking a receiver for the Independent Brewing Company. Leo and Emil Ernst are accused of taking over $100,000 from stockholders via real estate transfers and self enrichment. Otto Ernst and others face charges. the stockholders seek court oversight and production of company books. Arguments on the appointment are set for November 1.
MENTIONED IN THIS ARTICLE
Chicago
Independent Brewing Company
Leo Ernst
Eimil Ernst
Otto Ernst
Conrad Furst
William Boldenweck
H. P. Klein
Emil
Ernst
Ernsts
Fast Time on Penny Sets Rapid Penned Speed Record Run
Lima Ohio October 24 fast time on penny special covers 13x miles in 100 minutes breaking all records on the Pittsburg Chicago division. Engine and four codes test between Crestline and Lima 72 miles in 60 minutes with repairs at Nevada causing a two minute loss. Crestline to Fort Wayne 131 miles in 100 minutes and Pittsburg to Fort Wayne 321 miles in 312 minutes. General Manager G L Peck and officials declined to reveal the test purpose. All previous records broken.
MENTIONED IN THIS ARTICLE
Lima
Ohio
Pennsylvania
Crestline
Pittsburg
Fort Wayne
G. L. Peck
Returned Stolen Funds In Montreal Case
Mrs David Hobbs wife of a former Canadian Pacific Railway Customs clerk has turned over 25000 in cash and securities to the customs department The estimated total theft now stands around 100000 The funds were held by stock brokers Hobbs used for speculation in his wife name No trace of Hobbs whereabouts has been found.
MENTIONED IN THIS ARTICLE
Montreal
David Hobbs
Canadian Pacific Railway
Customs Department
Hobbs
Boy's body found in Delaware River after disappearance
Eight year old Touls Dobek was recovered from the Delaware River after six days missing. He showed cuts and bruises on the face and arms. Leo Fisher reported he was locked in a freight car, triggering a police investigation as officials checked freight cars nationwide.
MENTIONED IN THIS ARTICLE
Philadelphia
Touls Dobek
Pennsylvania
Delaware River
Leo Fisher
Dobek
Simpson's Body In State At Wichita Masonic Temple
The body of former Congressman Jerry Simpson lay in state at Wichita Masons today viewed by hundreds. Funeral services are set for tomorrow afternoon. Mrs. Simpson has received numerous telegrams of condolence. Also noted are Treasury bond changes reporting exchanges from 3 and 4 percent bonds to 2 percent 1930 consols, with totals around 32 trillion in older figures.
MENTIONED IN THIS ARTICLE
Masonic Temple
Wichita
Kans
Jerry Simpson
Masonicemple
Treasury
Treasury Department
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Wall
Henry Clay Frick
Reading Tron Company
Reading Common
Reading Iron
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Mr. Harriman
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Sloss-Sheffield Steel
Eimg
Lon
Bia
Adams Express
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Am Car and Foundry
Car and Foundry
iAmerican Cotton Oil
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American Express
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F St
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Union Trust Co
N. W
Edward J. Stellwaden
George 8. Fleming
Edson B.olds
International Banking Corporation
Wall St., N.Y
Washington Office
G Street
Chicago Brewing Company
F ‘Street
U. S
F. H. Smith Co
Steal
Y. Ave
Bond
Penny
Ravelers
American Express Company
Traders National Bank
Simpsons
District of Columbia
Swartzell, Rheem & Hensey Co
Warner Building
Street
Atlantic Coast Line R
Iron Mtn
So. Ry
R & G. Div
WM. A. Read & CO
Washington
F Street N. W
Chesley & Spence
Colorado Bldg
Slam
Fatson
Liz
Arthur Wall
Lynn, Wall & Co
Adams Building
Jents
M. J. S40e & Co
Meiskell & McLerax
FST
Correspo
Fenancial
Ust. Co
Washington Loan & Tr Office Cor
Thomas Bradley
Lewis
Nent
Secord
Fee Ee Vsescier
Tregaorer
Son & Co
N.W
Burincas
Varia
Francia H. Smith
Alvin M Lothrop
E. Quincy Smith
John Boleman
G.O Watson
Jackson H Ralaton
Metropolitan Loan & Trust Co
KE Street N. W. Sf
George J. Easterday
Telephone
Lpward
Building and Loans Association
National Mortgage Loan Company
Fst NW
Mutual Loan
1 Trust Co
F St. N. W. Rooma
Citizens ‘Rast Trust
Commercial Bank Building
W. Cor
G Sts
Priva
Joan
Surety Loan Company
Warder
Potomac Guarantee
Capital Loan Co