Trading Not So Heavy Weak and Strong by Turns
Foreign markets show firmer undercurrents but a quieter, more irregular tone as London settlement nears. Norfolk and Western and Chesapeake and Ohio rise on dividend rumors while coal stocks reach new highs. Rock Island weak amid sparse earnings, others gain on potential extra dividends. Cotton options jump on upcoming census and crop estimates.
MENTIONED IN THIS ARTICLE
London
Norfolk and Western
Chesapeake and Ohio
Rock Island
Rock Island Common
Wall Street Gossip on London Stock Moves
Special to The Waslington Post from New York on Oct 24 describes buying in Pennsylvania by Charles D. Barney & Co as exceptionally strong while Charles G. Gates & Co. led the largest volume of purchases. Dividend timing and convertible bonds spur interest as Delaware and Hudson trades reflect supply constraints and professional moves in Smelters and Reading shares. Analysts compare Lackawanna and Delaware and Hudson ore lands, noting Reading’s concealed assets and projected earnings, with expectations of Chesapeake and Ohio dividend changes later this fall.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Armer
London
Paris
Sterling Exchange
Imperial Bank of Germany
Reichbank
United States
Norfolk and Western
Chesapeake and Ohio
Norfolk and Western Common
New Jersey Central
Delaware and Hudson
Reading
Pennsylvania
Hrooklyn Rapid Transit
Ontario and Western
Kansas City Southern
Southern Pacific
Waslington Post
Charles D. Barney & Co
Charles G. Gates & Co
Delaware
Hudson
Lackawanna
Buffalo
Pennnsylvania
Chesa- Peake and Ohio
Washington Railway Company
Wall Street Moves and Dividend Hopes on Rail Names
New York stock notes discuss Chesapeake and Ohio, Norfolk and Western dividend expectations, St Paul, Jersey Central, Ontario and Western, and Pacific Mail activity. Traders cite Rockefeller and Harriman interests, with rail and shipping equities shaping today’s limits and price levels.
MENTIONED IN THIS ARTICLE
Norfolk and Western
Atchison Common
Jacob Field
St. Paul
Rockefeller
Jersey Central
Delaware
Hudaan
New York Bond Market Mixed Prices and Declines
Describes a wide list of bonds and stocks in New York trading desks with mixed movement. Mentions Amalgamated Copper Am Car and Foundry American Cotton Oil American Express and other issues, with references to Chicago and St Louis listings and bond quotations, plus commodity prices and exchanges in London and New York.
Financial row on Washington market dulls gains
Stock Exchange attendance high yet results mixed as Washington Railway and Electric and other bonds moved within narrow ranges. Large trades, erratic shifts and a wide spread show cautious bidding while Mergenthaler and Lanston slight climbs hint at underlying confidence amid broader market pullback.
MENTIONED IN THIS ARTICLE
Vapital ‘Traction
Washington Railway and Electric Preferred
Washington Railway and Electric Common
Washington Loan and Trust
Union Trust Company
Washington Gas
Mergenthaler
Lanston
Washington Railway and Electric dx
Washington Gan
Stock Exchange
District of Columbia Bouds
Philippine Land Purchase
Capital Traction Railroad
Metropolitan Railroad
Columbia Railroad
City and Suburban Railroad
Anacostia and Potomaca
Washington Railway and Electric
Bristol Gas and Electric
Washington Gas Company Fi
Washington Gas Company Bs
Washington Gas Company
United States Electric Light
Chesapeake and Potomac Telephone
Washington Martet Company 1St Ga
Potomac Electric
Norfolk and Washington Steamboat
Safe Deposit and Trust
National Safe Deposit and Trust
American Security and Trust
Washington Sas
Columbia
Capital
American
Traders
Lincoin
Riggs
Franklin
Metropolitan
Corcoran
Potomac
Arituxton
Naional Union
Market Hit by Russian Strike and Global Demand
Financial notes show shares in Columbia and Washington titles mixed, with wheat futures rising on strong exports and Russian labor troubles. Wheat December prices advanced while corn and oats followed, supported by Liverpool gains and a tighter U.S. supply. Cotton futures climbed early on bullish census expectations before easing to barely steady as export demand persisted.
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
New York
Noar
National
Live Stock Markets Report From New York and Chicago
Livestock trading outlined with receipts and prices for Beaves Cattle Calves Sheep Lambs Hogs across New York and Chicago. Steady to soft market tones noted with varying per pound and head figures, including exports and future counts.
MENTIONED IN THIS ARTICLE
New York
State
Pennsylvania
Chicago
Market Report Shows Steady Grain and Livestock Prices
The market remains firm across grains and livestock with strong sheep and lamb receipts. Wheat and corn show firmer readings with multiple contracts quoted. oats and rye steady, hay quiet, and sugar steady. freight and dairy items listed with stable quotes and inventories. Prices noted include No. 2 red Western wheat in October at around 86 to 87, oats No. 2 white around 25 to 34, and coarse sugar near 4.90.
MENTIONED IN THIS ARTICLE
Baltimore
Southern
Rample
Terms of Russian loan move toward completion
Reports say negotiations for a new Russian loan are proceeding rapidly and success is likely. J Pierpont Morgan Jr and George W Perkins appear satisfied with terms with American participation seen as certain. The loan reportedly bears 4 percent interest and will be issued at ninety one, with proceeds to mostly fund war expenses.
MENTIONED IN THIS ARTICLE
St. Petersburg
Vel
J. Pierpont Morgan, Jr
George W. Perkins
Howevver
National Assembly
Plot to Defraud Alleged in Petition for Receiver
Chicago, Oct 24. A bill filed in the Superior Court seeks the appointment of a receiver for the Independent Brewing Company. Leo Ernst and Emil Ernst, as president and treasurer, are accused of obtaining over 100000 from the company without stockholders' knowledge. Other defendants include Otto Ernst, Conrad Furst, and William Boldenweck. The suit alleges a conspiracy to defraud stockholders by real estate transfers totaling 128000 for property worth far less. The Ernsts allegedly control a majority of stock and voted funds for their own use, with false meeting records and a need to produce books in court. Arguments on the receiver appointment 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 Breaks Handled Records on Penn Road
Lima Ohio October 24 an engine and four codes tested speed on the Pittsburg Chicago division covering Crestline to Lima 72 miles in 60 minutes setting new marks. Crestline to Fort Wayne 131 miles in 100 minutes with two minutes lost for repairs at Nevada. Pittsburg to Fort Wayne 321 miles in 312 minutes including stops. General Manager G L Peck and officials refused to disclose test purpose. All records were broken.
MENTIONED IN THIS ARTICLE
Lima
Ohio
Pennsylvania
Crestline
Pittsburg
Fort Wayne
G. L. Peck
Returned stolen funds in Montreal claim
Mrs. David Hobbs wife of a former customs clerk surrendered 25000 in cash and securities to the customs department. Authorities estimate the theft at about 100000 with the exact amount still uncertain. The funds were held by stock brokers used in Hobbs speculation in his wife’s name. No trace of Hobbs has been found.
MENTIONED IN THIS ARTICLE
Montreal
David Hobbs
Canadian Pacific Railway
Customs Department
Hobbs
Boy Touls Dobek Found Dead in Delaware River
The eight year old Touls Dobek was recovered from the Delaware River after being missing six days. He had facial and arm bruises and cuts, and police investigate possible death linked to a locked hot car and freight car confinement as companions described the circumstances.
MENTIONED IN THIS ARTICLE
Philadelphia
Touls Dobek
Pennsylvania
Delaware River
Leo Fisher
Dobek
Simpson's body lies in state at Wichita Masonic Temple
In Wichita Kansas on October 2 hundreds view the former Congressman Jerry Simpson's casket in state at the Masonic Temple. Funeral services are set for tomorrow afternoon. Mrs Simpson has received many condolence telegrams. Bond changes on the Treasury show 3 and 4 percent bonds exchanged yesterday for 2 percent consols of 1930. Total to date reaches thirty two dollars?
MENTIONED IN THIS ARTICLE
Masonic Temple
Wichita
Kans
Jerry Simpson
Masonicemple
Treasury
Treasury Department
Also Mentioned on This Page
Wall
Henry Clay Frick
Reading Tron Company
Reading Common
Reading Iron
Reading Company
Iron Company
NEW York Stock Market
Poughkeepsie Bridge
New England
Pacific Mail
Mr. Harriman
Orient
Mr. Harrimasz
Pacific
Rick Island Common
Walls-Fargo Express
Westinghouse Electri Western Union
Wheeling and Wisconsin Centra
Wisconsin Central Northern Pacific
Central Leather Central Leather
Sloss-Sheffield Steel
Eimg
Lon
Bia
Adams Express
Amalgamated
Am Car and Foundry
Car and Foundry
iAmerican Cotton Oil
American Cotton Oil
American Express
American Ice Securities
American Sugar Refining
Tobarco
Cartit Avaconda Mining Co
Atchison Seeeeee
Atchison
Atlantic Coast Line
Baltimore and Ohio
Baltimore and
Qhip
Brooklyn
Atlantic
Helhimare
Colorado and Southern
Butyer
Pirm
Unmore
Obia
Brooklyn Rapid Transit
G&t
Cole
Del
Western
Denver
Rio Grande
Jay
Denver and
Rio
Gofa A
Distillery” Securities Central of Georgia
Central
Georgia
Isling Central of Georgia
Central of
Cresapeake and
Western Chicago
Pacific Radiant Col
St Louis
Erie
Colorado Industriales
Pacific Coast
Iowa Central
General Electric
Hocking ‘Valley
Hiinots Central
Ternational
International Pump
Central Colorado Industrial
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Sone Colrado
Cuba
Denier
Thtislers’ Securities
Exie Prior
Erie General
Japan
New Jersey Central General
Northern Pacific
Louisville
Nashville
Woot Rte
Manhattan L
Metropolitan Securities
BPRF
Metropolitan Street Rwy
Eady
Mealean Central
Lola
Wee
Bae
Ste. M
Dar
Missouri Pacific
Ee Ma
Kansas
Taxos
Kama
Tex
Veese
Mexico
Norfolk
Lagos
Oregon
Ontario
Maine
Ain
People’s Gax
Pats
C. C
St. i
Reading General
Iron Mountain
St. Louis
San Francisco
Union Paclic
Western Marvylang
Wheeling
Erte
Wisconsin Central
Republic Steel
Rock Island Co
Rock Inland Co
Rubber Goode
Rubber
San F
Louis Southwestern
IE Porte’ Et
Tescale
Tee
Southern Raihway
Southern Railway
Bely
Tennegaee Coal and Iron
Texas and Pacific
Toledo
T. Ces W
Union Pacific
Cleveland
U. &New 4A
U. & New 4A
Va -Carolina
Prime Mercantile
Local Financial
The
Zens’ Bank
Riggs Bank
Umit
Capital Traction
Greene Copper
Union Trust
Suson Hutchins
J. Thilman Hendricks
American Security and Trust Company
Bell
Augustus Crane
William B. Hoover
Washington City
Bankers’ Convention
Pr. Agnew
Stone & Poole
Pa. Ave
O'donnell’s
F St
M Sts
Commercial
Colonial
Washington Title
Georgetown Gas
Mergenthaler Lingtype
Lenston Monotype
Consolidated Copper
Washington Market
Rowley Appraisal and Agency Company
NEW York Grain
B. Affont
F. O
Efaat
Manitoba
Chicago Grain
Galveston
New Orleans
Mobile
Savanagh
Charleston
Wilmington
Boston
San Francis
Jacksonville
Houston
Augusta
Fhm
Aeeneey
R. Memphis
Ieee Sti
Zoey
Great Britain
Continent
France
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
National Loan and Investment Co
N. E. Gorith
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