Inter-Met stock feature dominates New York trading today
Keen speculation on Interborough-Metropolitan shares marked the session as both common and preferred issues posted gains. The market overall stayed firm despite a bleak foreign trade report weighing on optimism, with bond improvements and a cautious readjustment outlook shaping late-week sentiment.
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Stock Exchange
Washington Pass
New York
Common
Preferred
Interborough Rapid Transit Company
Inter.-Met
Wall Street Gossip and Market Trends in September
Special to The Washington Port reports bond sales doubling last week with demand for high grade issues rising. Bank clearings show a 21.2 percent drop from last year, while August foreign trade reveals a $3.56 billion import excess. railroad earnings for July show rising expenses outpacing gross gains, causing a net loss despite higher gross receipts.
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United Statea
United States
Financial Chronicle
Cotton market shows teconomic tendency with sharp late drop
New York on Sept 17 reports a teaconery tendency in price action as short selling renewed after a partial recovery. Cables and weather were mixed with disappointing News from the South and favorable reports on Atlantic State demand. The close left near day lows amid liquidation and bearish talk of larger September receipts. Fall River textile output trimmed about 70 000 pieces, while prices remained weak and some sellers offered concessions to spur demand. Wires indicate limited ocean freight room from Galveston for September shipments, diverting some cargoes to New Orleans.
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Washington
New York
Bonda
Interborough
Isi
Atlantic States
Fall River
Fall River Salta
Galvestop
New Orleans
Market Notes Mixed on Cotton and Stocks as Prices Fluctuate
The dispatch reports mixed sentiment in commodities and equities with cotton futures firming amid staple demand and short covering. Wheat futures rallied on improved cash demand while stocks traded with scattered gains led by industrials and rail names, supported by overseas strength and harvest optimism.
Live Stock Markets Report From Calengo and New York
Cattle receipts near 1,000 head in Calengo with slow market. Texas steers 4.20 to 4.35, Western steers 4.25 to 7.00, cows and heifers 2.25 to 4.60, calves 6.75 to 9.75. Hogs receipts about 6,000, best grades 6.00 to 9.80, others slow. Sheep and lambs around 1,000 head with steady to higher demand. natives 2.76 to 4.5, westerns 2.60 to 6.60, yearlings 4.75 to 6.80. New York cattle receipts 400 steady, calves 77 head steady to strong, veal 8.00 to 11.00, dressed beef steady. Lambs firm to higher, ewes 5.50, feeders 6.00 to 7.75. Cattle sales and parities mixed, with general market firmness in some classes.
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Calengo
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BEDE
South America
Tlallow
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Philadelphia
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Patna
Ses
Santos
Cordova
Jersey Sweets
Frelchts
New York Bank Statement Shows Cash Reserve Shift
The New York clearing houses report a weekly cash surplus of 324.463 million above reserve needs, with loans rising and deposits up. Despite expected cash declines from transfers to the interior, actual cash fell only 2.828 million, while loans grew by 17.631 million as crop financing rose.
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New York
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Ubate
Ax United Lines
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Washington Produce Market Prices and Commodities Report
New York dispatch notes money on call and time rates, sterling exchange steady, and wholesale market quotations. Fruit, vegetables, poultry, and dairy show large receipts with generally high quality. eggs, butter, cheese prices listed. various poultry, vegetable, fruit, and grain items priced by unit or crate. cattle and calves demand described as active with higher prices noted.
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New York
Dankers
New York Produce Prices Mixed Across Staples
New York market notes show steady butter and cheese with varied receipts. Poultry and flour products mostly steady. coffee and sugar show mixed quotes, with writings indicating cottonseed oil futures and other commodities trading at stable to modest levels.
New York Grain Market Report Steady Elevators and Futures
Wheat held firm on smaller world shipments and stronger domestic demand. No. 2 red bought at 1.08 percent fob or afloat with September and December futures closing higher. Corn and rye showed limited activity with quiet futures and steady spot prices across grades, receipts and shipments noted in Buffalo reports.
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Duluth
Yutures
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Avondale Farm Sold Second Time for Suburban Deal
Avondale farm of about 475 acres on the Baltimore and Ohio Railroad midway between Washington and Baltimore was sold for a second time this season. C. J. Halversom of Laurel Md acted as broker as Pittsburgh capitalists purchased the property to convert it into building lots and open a suburb. The first sale totaled about $55,000 while the second brought about $5,000 more.
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Avondale Farm
Baltimore and Ohio
Washington
Baltimore
C. J. Halverson
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Lota
Terminal Taxi Buys Heurich Brewery for New Garage
The Terminal Taxi Company purchased the old Heurich brewery on Twentieth Street between M and WN for 50 dollars. Plans call for remodeling into a reinforced concrete four story fireproof garage with three floors of garages and a fourth floor open area. Appleton Clark Jr. architect will prepare plans. The site fronts 108 feet with a 141 foot depth. existing 4 story on 33 feet frontage and 2 story portion. New facilities include showroom, salesroom, washrooms, storage, and offices with elevator sized for touring cars. The building has been vacant for years.
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Terminal Taxicab Company
Heurich Brewery
Twentieth Street
Appleton FP
Clark
Forty Lots Change Hands In Virginia Highlands Boom
Virginia Highlands attracted hundreds of visitors during the week as nearly 40 lots sold at the new suburb famed for poured style houses. Purchasers included L. I. Munday Barbaraaville Va John D. Hen kell W. H. Wattles George V. Thorn hill J. B. Gay Mrs. Louisa K. Locke W Jarves Frank Chilcott Danial Ma Bilin L. C. Spangler and B. H. Garnett. Several new homes will be erected soon.
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Virginia Highlands
L. I. Munday
Barbaraaville
John D. Henkell
W. H. Wattles
George V. Thornhill
J. B. Gay
Louisa K. Locke
W. ©. Jarves
Frank Chilcott
Danial Ma Bilin
Metal market steady in quiet New York session
New York metal markets were virtually nominal due to lack of exchange activity on September 17. Prices listed include tin around 3600, lake copper near 12.50, electrolytic copper about 12.37, casting copper near 12.40, iron showing a rise, and minor movements across refined metals amid subdued trading.
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New York
B.w
Investment offers and business notices in New York and Mexico
A compilation of classifieds promising high yields from stock and bond purchases, investment opportunities with guarantees against margin calls, and requests for representatives in New York and Boston. Includes Mexico trade dividends, rooming house for sale, and a local mail order and business opportunity inquiry column with multiple box numbers for responses.
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Bt Paul
Atchison, &c
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Mexico City
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Esthot
Toometa
Dentistry Solves Painful Teeth With Dr J In Wilson
Advertisement touts lifelike dentistry by Dr J In Wilson at 3203 F oat saying no attenuation is needed for painless care. Claims include no plates or bridgework and painless filing or whitening.
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Wilson
Suburban real estate venture seeks partners and profits
An investor offers cash and credit to buy a subdivision near Washington’s business center 48 Chevy Chase Elevation over 450 feet. The ad touts ready improvements, strong income from sold lots, and high profits, inviting partners with funds up to 30 000 and 25 000 for equity or agency roles. It promises safe profits and seeks qualified men with references and 90 000 preferred stock investment for a Richmond venture.
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Chevy Chase
Secret Service
U. S. Legal Corp
Gelis
Leigh Et
Richmond
F. D. Morrison Stationery Co, Inc
ROX
Igor
Florida
New Howard
Glaranty Trust CO
Enid
E. J. Worst
Ashland
Ohio
Commercial Guaranthe CO
Richmant
Agonta
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