Trading Not So Heavy Weak and Strong By Turns
Foreign markets show heavier tone on London settlement fears. Norfolk and Western and Chesapeake and Ohio rally on dividend rumors. Coal stocks lead gains with New Jersey Central and Reading active. Rock Island weak on earnings doubts. cotton futures rise on upcoming census and crop estimates.
MENTIONED IN THIS ARTICLE
London
Norfolk and Western
Chesapeake and Ohio
Wall Street Gossip Special to The Waslington Post
In New York on October 24 London’s selling of Pennsylvania drew less attention than buying by Charles D. Barney & Co. at times, with Charles G. Gates & Co. handling large volumes. Buying surged as dividends approach and convertible bonds loom, while Delaware and Hudson see light market action. Readings on Reading stock show promoters touting hidden assets and strong future earnings. Chesapeake and Ohio faces likely dividend changes, with expectations of a fall increase possibly dashed by weak earnings.
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
Henry Clay Frick
Reading Tron Company
Reading Common
Reading Iron
Reading Company
Iron Company
Pennnsylvania
Chesa- Peake and Ohio
Atchison Common
Jacob Field
St. Paul
Rockefeller
Jersey Central
Hudaan
Lon
Bia
Adams Express
Amalgamated
Am Car and Foundry
Car and Foundry
iAmerican Cotton Oil
American Cotton Oil
American Express
American Ice Securities
American
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
Ohio
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
Colorate Midland
Sone Colrado
Southern
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
Augustus Crane
Market notes on rail stocks and Pacific Mail
The column reviews Chesapeake and Ohio bond policy and dividend timing, anticipates Norfolk and Western dividend rise, praises St Paul and Jersey Central moves, notes Ontario and Western bridge improvements, and links Pacific Mail and Harriman travel to stock gains. It discusses Rock Island’s weak annual report, and lists closing prices and broker firm details.
Bond Market Notes Blink Across U.S. Listings
New York bond market activity shows mixed listings across Amalgamated Copper Am Car and Foundry American Cotton Oil Amex All listed with varied pfd standings. Highlights include Chicago and Northwestern and MKT curbs, with wide quotes on rail, oil, and steel securities and cautious money market conditions in New York.
Stock Exchange Attendance Dulls to Mixed Trading Day
The session drew a large crowd of stock exchange members and a strong gallery showing yet the results were mixed. Washington Railway and Electric preferred rose to 94 while common fell from the prior day, and heavy buying limited to 60 cents for gas stock. Notable arrivals included Suson Hutchins and J Thilman Hendricks, with bonds and trust-company notes showing varied activity amid a broad market with 404,500 in total sales.
MENTIONED IN THIS ARTICLE
Washington Railway Company
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 Pulse and Grain Prices Across Stocks and Commodities
Wheat and corn rose on strong orders amid Russia strike news and firm overseas prices. Cotton futures surged on bullish census expectations but closed barely higher after heavy local selling. receipts and exports for wheat, corn, oats and oats markets were reported with fluctuating demand from exporters and rail logistics concerns.
MENTIONED IN THIS ARTICLE
New York
B. Affont
Duluth
F. O
Efaat
Manitoba
Russia
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Chicago
Liverpool
Danubien
United States
Minneapolis
Tao
Live Stock Markets Report From New York Oct 24
Livestock receipts in New York show cattle arrivals at 1 184 head with no trading and steady tone. Dressed beef prices and exports noted, with calves, sheep and hogs also listed. Chicago market quotes cattle 2.19 to 6.20, hogs 5.20 to 5.50 with mixed quality and regional price ranges.
MENTIONED IN THIS ARTICLE
New York
State
Pennsylvania
Chicago
Market reports show steady grain and livestock prices
Heavy packing and strong demand amid mixed grain futures with firm wheat and corn. Sheep and lamb markets steady with lambs around 4.25. Barrels of flour receipts 14,643. oats and rye show firm bids. Eggs steady at 24. Sugar steady. various grades of corn, oats, and rye quoted with receipts tallied.
MENTIONED IN THIS ARTICLE
Baltimore
Southern
Rample
Western
Terms of Russian loan steady progress in St Petersburg
Reports from St Petersburg state negotiations for a new Russian loan are progressing rapidly with J. Pierpont Morgan Jr. and George W. Perkins satisfied. American participation is likely if no unforeseen obstacle arises. The loan bears about 4 percent interest and may be issued at ninety one, with proceeds largely for war expenses liquidation.
MENTIONED IN THIS ARTICLE
St. Petersburg
Vel
J. Pierpont Morgan, Jr
George W. Perkins
Howevver
National Assembly
Plot to Defraud Alleged in Stockholder Money Loss
A Chicago bill filed October 24 seeks a receiver for Independent Brewing Company. Leo and Emil Ernst are charged with taking over 100000 dollars from the company without stockholders’ knowledge, via real estate transfers valued at 128000 dollars not worth 80000. Otto Ernst, Conrad Furst, and William Boldenweck are named defendants. H P Klein is a stockholder complainant. The Ernsts allegedly control a majority of stock and approved payments to themselves beyond their salaries, with false meeting records and a request for court-ordered production of books. A receiver hearing is 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 Records Across 72 Mile Stretch
Lima Ohio October 24 an engine and four codes conducted a speed test on the Pennsylvania road passing Crestline to Lima in about 72 miles in minutes breaking all previous records on that Pittsburg Chicago division segment. The Crestline to Fort Wayne 131 mile leg took 100 minutes with two minutes lost at Nevada for track repair and Pittsburg to Fort Wayne 321 miles completed in 312 minutes including stop time. General Manager G L Peck and officials declined to share the 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 Case
Montreal October 24 Mrs. David Hobbs wife of a former Canadian Pacific Railway Customs clerk is accused of stealing thousands from the customs service and has turned over 25000 in cash and securities. The alleged theft is now estimated at 100000. The funds were in the hands of stock brokers Hobbs used for speculation in his wife’s 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 recovered from Delaware River in mystery death
The eight year old Touls Dobek was found in the Delaware River after six days missing. Police investigate possible cause including injuries on the face and arms and statements point to a hot car or freight car confinement. Leo Fisher gave investigators details as authorities examine railroad cars nationwide.
MENTIONED IN THIS ARTICLE
Philadelphia
Touls Dobek
Pennsylvania
Delaware River
Leo Fisher
Dobek
Simpson's body in state at Wichita Masonic Temple
Former Congressman Jerry Simpson lay in state at the Masonic Temple in Wichita Kansas viewed by hundreds of mourners. Funeral services set for tomorrow afternoon. Mrs Simpson has received many condolence telegrams. Bond changes at the Treasury show 3 and 4 percent bonds exchanged for 2 percent 1930 consols, total $32 to date.
MENTIONED IN THIS ARTICLE
Masonic Temple
Wichita
Kans
Jerry Simpson
Masonicemple
Treasury
Treasury Department
Also Mentioned on This Page
Rock Island
Rock Island Common
Wall
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
Prime Mercantile
Local Financial
The
Zens’ Bank
Riggs Bank
Union Trust
Suson Hutchins
J. Thilman Hendricks
American Security and Trust Company
Bell
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
Chicago Grain
Noar
National
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