Stock Market Dips After Morning Gains As News Stirs Bears
Trading in New York amid crop movement and month-end demand showed small early gains that eroded later as bears pressed prices. Call money rose to 6 12 percent, banks loaned at 4 3 4 percent, and money tightness curbed speculative activity. Reports of Berlin banking troubles and a London copper drop weighed on sentiment, while Southern Pacific posted a $500,000 drop. Bonds were irregular with weak old issues and a US bond unchanged on call.
MENTIONED IN THIS ARTICLE
New York
Canada
Berlin
London
Southern Pacific
Mexico
New Haven
United States
Nelling
Money market rates and rates in New York stock exchange
United States Treasury report from New York lists money on call at 6 percent, time leaves steady with 60, 90, and 120 day rates around 4 1/4 to 4 1/2 percent, prime mercantile paper about 4 1/2 percent, and sterling exchange easy for 60 days at 4.8695 for demand. Government bonds steady and railroads irregular amid market conditions.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Starling Exchange
Copper and livestock prices in early market report
New York copper markets show quiet trading with electrolytic copper quoted around 1623 and nearby months higher. London spot copper listed near £72, with futures at £72. Hogs trade around 8.84 per pound, sheep at 4.40, veal calf around 11 to 13 per pound, reflecting a mixed early commodity session.
MENTIONED IN THIS ARTICLE
New York
Lake
London
Cleveland
Baltimore Markets: Grain Poultry Butter Prices Reported
Baltimore markets today show wheat prices for various red and white grades, oats values, and mixed poultry rates for chickens ducks and turkeys. Butter prices include creamery and printed varieties, with Maryland Pennsylvania and West Virginia origin references and process butter noted.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Pennsylvania
West Virginia
Virginia
New York Cotton Markets Slump Amid October Notices
The New York cotton market weakness deepened as October notices spurred a sharp drop of about 2.50 per base in October delivery to 14.64, with active months 22 to 26 lower and heavy liquidation. Selling drew on talk of a easier Southern spot market, a Mississippi bank in trouble, and higher curb estimates. prices closed near the day’s lows, with declines around 59 points on October and 17 to 26 for later months.
MENTIONED IN THIS ARTICLE
New York
To Ag i
Mississippi
Wall Street Dull Trade Amid Small Noon Sales
Market activity was tepid with noon sales under 73 000 shares. Chesapeake St Pauli and Great Northern barely traded while other leaders held near yesterday's closes. Municipal bonds showed strength as New York City gold rose, and Reading earnings declined sharply. A new $12 million New York Central note issue drew interest and plans for a $20 million West Coast Railroad project were announced in Olympia Washington with preliminary steps described.
MENTIONED IN THIS ARTICLE
New York
Chesapeake
St Pauli
Great Northern
West Coast Railroad
J. D. Farrell
Oregon-Washington Railroad and Navigation Company
Harriman
United States Land Office
Olympia
Wash
Hne
Northern Pacific
Chicago, Milwaukee and St. Paul
Cascade Mountains
Tacoma
Seattle
James I. Braig
North Coast Railroad
North Yakima
Local Market Quiet as Public Utility Bonds Weaken
In a subdued local market yesterday public utility bonds showed little appeal with few buyers. Capital Traction and Washington Railway and Electric stock traded near year lows while odd lots and small blocks changed hands. Bond demand outpaced supply with a total value around 13000 dollars. Separate items note the flour rate challenge before the Interstate Commerce Commission, a new theater company incorporation, and upcoming Washington Credit Men's Association meeting.
MENTIONED IN THIS ARTICLE
Potomac Hlee
Capital Traction
Jrawn
Wash. Ry
Elec. Pfd
Lanston Monotype
District National Bank
United States Trust
Continental Trust
Capital Traction Rrb
Washington Gas Be
wEy
Capital Triction Co
Seereae Lotee
Treasury
Aturbbis
Columbia Railway
I Metropolitan
Alex
Mount
United States
Eton Market Co
Norfolk and
Wash
Fn National
Riggs Realty
Priil
Orours
S Capital Traction Co
Wash. Railway
Bisctric
Washington
Slyee
Norfolk and Wash
Bees Wee Teresington Gas
Thanes
Nei Bor
Telegraf
Abe
Ascots
Mergenthaler
Treasury National Bank
Lincoln
Metropoli
Security and Trust
National Savings
Yaton Trust Company Hs
United Aise Ttc Co
Savings Bank
Savine East
Arlington
at _ National Union
Columbia
Wakat
Barn of Sa
American Graphophone Com
Atene
Washington Railway and Electric Common
Trust
Nat
Lanston
Washington Railway and Electric
St. Potomac Electric Consolidated
Local Produce Market Report From Pa And Ohio
In Oi City Pennsylvania on October 20 credit balances are reported at 4.50. Runs total 97 508 with an average of 107 980. Shipments reach 112 932 with an average of 121 543. In Toledo Ohio on October 30 Wooster price 1.91, North Lima 1.38, and South Lima and Indiana figures listed.
MENTIONED IN THIS ARTICLE
Oi City
Toledo
Ohio
Wooster
North Lima
South Lima
Indiana
Live Stock Markets Activity Across Chicago and New York
Chicago hogs receipts around 20 000 with varied prices and mixed trends. Cattle receipts about 4 500 with slow to steady demand and state Texas steers and feeders priced. Sheep receipts near 28 000 showing strength, natives and yearlings listed. New York hogs and calves receipts mix with limited trading and steady to flat prices.
MENTIONED IN THIS ARTICLE
Chicago
Texas
New York
Holland says features of income tax law will go before courts
New York, Oct. 30. Appeal to Federal courts is planned for judicial interpretation of income tax law features. Proceedings aim to obtain authority on administrative methods, not to challenge the law itself. Banks and corporations weigh tax-impact measures as Treasury rulings outpace statute.
MENTIONED IN THIS ARTICLE
Holland
New York
Feder Courts
Treasury Department
Washington
United States Steel Corporation
Hill Warns Bonds Market Hindered by Illusion and Risk
Chicago October 30 James J Hill urged investment bankers that the bond market is overextended warning that many municipal and industrial issues lack real backing. He defended railroad bonds as largely faithful to trust but called for tighter issue controls and a return to prudent standards to restore confidence and curb wildcat securities. The speech urged business courage and a moral legal code to stamp out excessive prospectus backed claims and restore stability.
MENTIONED IN THIS ARTICLE
Chicago
James J. Hill
Investment Bankers’ Association
Mr. Hill
Hong
Trent
Courage Called For As Finance Fails Drag Economy
Financiers' timidity blamed for creeping business slump as leaders urge bold action. A memorial to the Interstate Commerce Commission backing higher freight rates east of the Mississippi was unanimously adopted by bankers urging railroads to raise incomes to fund improvements.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
Virginia
West Virginia
Maryland
North Carolina
South Carolina
Georgia
Tennessee
Mississippi
Bankers' Convention
New York Grain Prices Slip On Liquidation
New York on October 30 reports spot grains barely steady with No 2 red at 97 nominal a ft f o b and No 1 Northern Duluth at 96 f o b afloat. Futures weakened on liquidation and bearish cables then rallied on covering. Export sales totaled two tracts for December at 95 and May at 83. Corn spot firm export at 40 f o b afloat. Oats weak and barley steady to firm.
MENTIONED IN THIS ARTICLE
New York
Duluth
Chicago
Argentina
Australia
New York Produce Market Report October 30 1923 Butter Cheese Eggs and More
New York Produce market report lists irregular butter receipts 5800 tons with varied grades, cheese receipts 2800 boxes of whole milk, eggs receipts 14150 cases with inner grades, poultry including western chickens and turkeys, flour rye corn and oils with steady to easy pricing, cottonseed, sugar, coffee and nuts shown with mixed quality and no major shifts in value.
MENTIONED IN THIS ARTICLE
New York
Fordeva
Smuggled No Gowns Aboard The Emma St Angels
Capt Kneeland of the Angels clears customs showing no 160000 worth of gowns or other finery aboard the Nova Scotia schooner. The vessel arrived at Alexandria port under tow, underwent inspection, and paid duty on plaster cargo. Nearby notes cover bond campaign closes and local lectures, with obituaries and property purchases in the area.
MENTIONED IN THIS ARTICLE
Capt
Kneeland
the Angels
Washington Post Bureau
King Steel
Alexandria
Paris
Poiret
Doucet
Paquin
Emma St. Angels
Alexandria Fertilizer and Chemical Company
Treasury Department
W. G. Kneeland
The
Angels
Nova Scotia
Washington
Mitchell Davis
Arthur Snowden
Marine Hospital
John A. Corwin
District of Baltimore
Maryland
District of Columbia
William H. Myers
S. L. Maglar
James J Farrell
C. A. Thatheimer
Baltimore
Custom House
Chevenne
Vineyard Haven
Mass
Pleads for Eugenic Laws At Congregational Council
In Kansas City a plea for eugenic marriages by Gov. Simeon H. Baldwin and an address by Rev. Newell Dwight Hills closed the fifteenth triennial Congregational council. Baldwin urged state laws allowing ministers to judge fitness before performing marriages.
MENTIONED IN THIS ARTICLE
Kansas City
Simeon HH. Baldwin
Connecticut
Newell Dwight Hills
Brooklyn
Congregational Churches
Gev. Baldwint
Liberal wins in Ontario South Bruce by election
In Teeswater Oct by election R. B. Trusx Liberal was elected by a 125 vote margin over W. D. Cargill Conservative. The Conservatives had carried the seat previously by 108 votes. The result marks the first seat lost by the Borden government since it came to power, though Chateauguay in Quebec remained with the government after a Liberal hold.
MENTIONED IN THIS ARTICLE
Teeswater
Ontario
South Bruce
R. B. Trusx
W. D. Cargill
Borden
Chateauguay
Quebec
Warriner, ex Big Four treasurer, released from prison
Charles L. Warriner, former treasurer of the Big Four Railroad, was freed after serving about four years in the penitentiary. He left for Cincinnati and plans fruit farming. He was convicted in Cincinnati in 1907 of embezzling $643,000 and received six years. time reduced for good behavior shortened his term by just over two years.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Charles L. Warriner
Big Four Railroad Company
Cincinnati
Warriner
Big Four
Philadelphia Markets Market Notes Unclear Data
Market bulletin for Philadelphia shows mixed commodity notes with butter eggs oats and poultry listed as unchanged. Readable items include state and export references, with several garbled phrases hindering precise figures or entities.
MENTIONED IN THIS ARTICLE
Philadelphia
Doctors Clash at Kief Trial Over Wounds Count
In Kief Russia on Oct 30 the trial of Mendel Heits continued with sharp exchanges between Dr Paviof and Prof Kosorotoff over medical jurisprudence. They argued whether the boy Yuskienky had thirteen or four wounds on his left temple, a point tied to occult symbolism. The jury was shown a preserved owl but its relevance remained uncertain as the wound count was not resolved.
MENTIONED IN THIS ARTICLE
Kief
Russia
Mendel Heits
Emn
Paviof
Kosorotoff
Yuskienky
Indorsement by Antizalk League at National Convention
A resolved pro prohibition platform was adopted by the National Antizalk League during the national convention in Indianapolis. The motion calls for the swift abolition of liquor traffic and urges metropolitan groups to join broader anti liquor movements in support of prohibition.
MENTIONED IN THIS ARTICLE
Indianapolis
Ind
National Antizalk League
Nat‘ora
Also Mentioned on This Page
American Agricultural
American Tobacco
Atchison Gen
Armour and Co
Atlantic Coast Line
Valtuore
Balimiore
Central Central
Chesapeake and Ohio
Alton
Thy
Pac
Colorado
Low
Delaware
Denver
Rande
Onstillers
Illinois Central Ist
Interborough-Mette Io
Mere Marine
Japan
Severn
Louisville
Ashyle
Missouri
Kan
Tevis
York Central
Hartford
Reno
Fem von
St Louis
San Fran
Houthwestern
Tie Seaboard
Southern Acific Co
Pacific BR
Curb Market
Boston
Braden
Joux Consolidated
Fans
Coal Sales Co
Mason Val
Manhat
Transit
Marconi
New
Dee
Canadian
Nipissing Maines
Ste People's Gas Rta
My Riker-Hegeman Co
Wees SB
Tobateca
Yukon Gold
United Cigar Stores
Centennial Eaneeee
Doves
Topper Range
Butte
Ween Tranklin
Kanby Consolidated
Ae Ee
Greene Cananea
Mohawk
Freewoods
Nevada
Nipissing Mines
North Butte
North Lake
Dominion
Shannon
Rene Ttan Consolidated
Srereen Nee
Urah Copper Co
O Tee
United States Treasury
Local Stock Exchange
Panama
Washington Cattle Market
Galveston
New Orleans
Mobile
Savannah
Charleston
Wilming
Norfolk
Wrrat Brit
France
Wu Gurane
Sepember
Geeay Brit
Continent
Baltimore Securities
Oct
Mt Power
Weg
Elee Inc
Bay
Wall Street
New York Cty
Rock Island
Interborough
Reading
New York Central
NEW York Stock Market
Local Financial
Picture Theater
Goldsmith-Snyder Company
David Goldsmith
William C. Snyder
Theresa Goldsmith
Lucila J. Snyder
Seventh Street
Washington Credit Men's Association
Chamber of Commerce
H. H. McKee
Taximeter Register
Teximeter Register Company
Washington, D. C
Amal
Lehigh Valley
Amer. Agricultural
Lou
Nashville
pollAmer
St. P
M. Ne
Tex Amer
Pacific
Amer
Cotton Cwve
National Biscuit
Ice Securities National Lead
N. Rys
Atchison
Atlantic Coast
Aputte
C. & St Lil
Baltimore & Ohio
Pittsburgh Coal
Bethlehem Steel
Pressed Steel
Brook
Pullman Palace
Ray Consolidated
Canadian Pacific
Central Leather
Rep
Iron & Steel
Chesapeake & Onlifo. Os
Rep. L
Hino Consolidated
Rock Island Co
Chi Great Western
Rock Island’ Co
Pfa
Chi, Mil & St. P. II
St. L
Chi
Northwestern
Den
Rio Grande
Southern Ry. Pra
Tennessee Copper
den & KR. G. Pla
Waeifrrae
Texas& Pacific
Erie
Tmnion Pacific
Horne- Werie Ist
Ptd Oe Ae
Union Pacific P
Mwrie
General Electric
U. S&s
S. Steel
Elgin
Northern Oretts
U. S. Steel
New York State
Tlinois Central
Utah Copper
Interborough-Me
Va-Caro
Chemical
Wabash Osginia
Wabash
Maine
Western Maryland
International
Western Union
Speppere
Westinghouse
Wheel
Lake Erie
Caullionsr
Pearby
Hibbs & Co
California
Orange
Bers
New York Stock Exchange
Hibbs
Jemons
Pines Agptes
Malaga
Florida
Local Produce Market
New York City
William M. Tweed
Abram 8. Hewitt
Hewitt
Gaynor
Hill
Magnate
Hall
Pouiety Asite Ben mm
NEW York Grain
Chicago Grain
U. S
Plasser
P. St Julien Wilson
Potter's Il
Fairfax County
Mount Vernon
Franconia
Walter C. Foster
A. D. Brockett
Leadbeater
Julian ¥. Williams
Col. W. H. Whittaker
Occoquan
Sherwood Hall
Gum Springs
Alexander Johnson
Department of Extension
Vineland
CM. J
Alexander
John Milstead
Joun J. Milstead
J. E. Shinn
South Royal Street
P. FP. Phillips
St. Paul's Protestant Episcopal Church
Masonic Chapter
Grand
Royal Arch Masons
Richmond
J. B. W. Timberman
Grand Royal Arch
James E. Alexander
George D. Hopkins
Nannie
Greene
North Washington Street
Baldwin
Liberal
CG. L. Warriner
Givine
Tve
7 Munsey Tru Company
Frank A. Munsey
Washington Loan & Trust Co. Cor
8Th and F Sts
John Joy Edson
District of
Ndividuela
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
J. Thilman
Hendrick Hendrick Building
15Th St. N. W
Washington Stock Exchange
Manhattan Life Insurance Co
Indorse
Nocwy
Ak Chives
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