Prices Again Decline Crop Report Helps Bears
Market weakness deepens after the Agriculture Department releases its crop statistics. A sharp drop in copper deposits and broad selling push prices lower in London and Paris equities. Railroad shares hit new lows as mixed earnings roll in and a cautious mood persists amid labor and geopolitical tensions.
MENTIONED IN THIS ARTICLE
London
Chicago
Milwaukee
St. Paul
And
T Pal
Minneapolis
Omaha
Louisville
Nashville
St. Loui
San Francisco
Government Census Bureau
Aasilathen Inday
Canada
Asoc
Ameust
Pune
Wall Street Gossip Delivers Stock Decline Amid Rumors
The Washington Post reports Wall Street gossip centering on Missouri Pacific and banking connections. Traders cite a weak annual report for Missouri Pacific, with stock moves showing declines and bids fluctuating, while St Pauls and Puget sound railway figures spark questions on earnings and dividends amid broader bank holdings shifts.
New York Bond Market And Copper Prices Report
In New York today bond market activity and copper pricing dominated the markets. Franklin and Greene Canunes firms show notable notes with mixed demand. copper trading and futures were quiet with references to spot and future settlements.
Washington Stock Exchange Dull Week Ends Stagnant
The closing session of the Washington Stock Exchange was dull with little trend. Trades included Washington Railway and Electric preferred at 4 and 4 1/8, Mergenthaler at 28 1/2 ex dividend, and American Security and Trust at 28 3/4. Bond activity was steady with few transactions. Lanston Monotype declares a 1/2 percent quarterly dividend for September 11. Total weekly volume was 731 shares and $26,500 in bonds, with a hopeful outlook for resumed activity amid scant news. Fifty postal savings banks and offices named for October 7 start dates include Mobile, Fort Smith, Sacramento, Greenwhich, Augusta, Lansing, Chicago area, St. Joseph, Lincoln, and others across the U.S.
MENTIONED IN THIS ARTICLE
New York
Aluts-Chalmers
Americary Aericuliart
Armour & Catan Cap
Traction I. Tt
Atchison Cruieral
Atchison
Atrhisan
Washington
Batcannr
Oia
Wes Railroad
Halpore
Travilon
Phipoore
Ohl
Ostanibis
Mart
Central RR
J. Con
Chesapeake & Ohio
Washington Railway
Cher
Chlears & Alton
Chicare
He & Quilnoy
Nth
Potemar
Chiraen
Quince Wen
Bette Foner
St F
Hesaprake
Partfi
Nesort
Drartat-ang Bank Chican
Amerirran
Learings Chong
R 1
Pacific
Ana
Aca
Colorada Sn
SF Warhorton
Vernant
Vierade Midland
Washihieren
Cworads & Souther
Tenver & Rietiene
Bia Grande
Miestiviers
Capital Traction
Washington Rwy
Eloc
Fler
Son
Erie
Steamboat
Amelia
Dominion
Kansas
Lake da
Malwa
Miss Ath Kaas
Teyaagen National
DANK
Klarity
Egat Sde
Esi
Isera National Bealtaer
Rhea Beet
Hacford Ev
Aera
Liz
Favis Bank
Mediawion
Rsa
Paris
Rank Ag
Union Pacifr Firemen
Steelman America
Lars
Tirehora Vayrelta
Hemi al Gy
Benal Paen
Wabash
Western Columbia
Atlas
Wartiington
Washington Railway and Electric Preferred
Mergenthaler
American Security and Trust
Tecard
Washington Gases
Wit
Lanston Monotype
Hitchcock
Postal Savings
Mobile
Ala
Fort Smith
Ark
Longhead
Sacramento
Stockton
Cal
Green Wich
Middletown
Conn
Augusta
Freeport
Moline
Rockford
Elkhart
Fort Wyne
Kokomo
Ind
Burlington
Council Trafis
Sioux City
Leavenworth
Salina
Wichita
Covington
Ratt Ver
New Bedford
South Flamingan
Mass
Kalamazoo
Lansing
Port Ffuron
Mich
St. Joseph
Sedalia
Lincoln
Nebr
Orange
Trenton
Auburn
En Rochelle
Osweno
Charlotte
Durham
Algron
Marietta
Toledo
Southey
Mar
Fountry West
Minneapolis
St Louis
Blom
Kane
Tex
Ameran Linseed
Tih
Missouri
Caf
Muit
Ant
Mexico
Ah Am Steel Fesary
Tobaren
Uss Hata
Louis
Jace
Pottsburgh
Arokiya Rapit
Pullman
Eile -la
Central of
New Jersey
Republic Steel
Dean and Alton
Ark Js d Co
Igi
Hssland Co
Chicace
Northwestern
Ourthern Railway
Sathern Railway
Carr
Texas
Denver
United States
Ang Godel Steolt
Steet
Virgintaarnlia
Va -Carotina Chemical Pta
W. Hibbs & Co
Hibbbs Baiiding
Yewr Stok Exchaure
Chicago Hoard of Trade
Washmeton Stork Exchange
Chicago Grain and Banking Data From September Markets
Chicago wheat closed easy with losses near four to four and a half cents while corn oats and hay products posted declines or stability. Government crop estimates suggested 203 million bushels for wheat, depots show national banks losing deposits and savings banks gaining, and railroads plan a ten cent ton coal tariff cut affecting Carolinas shippers about $200,000 yearly.
MENTIONED IN THIS ARTICLE
Chicago
Washington
Norfolk and Western
Southern
Seaboard Airline
Atlantic Coast Line
Isroads
New River
Carolinas
Iftestae
Interstate Commmttee Commission
Clearing House Association Seeks Constitutional Amendment
The Clearing House Association favors amending its constitution to align with the Constitution and the District Bankers Association. A future meeting will resume discussion. The bankers’ group will hire an examiner to audit local member banks, supporting these plans.
MENTIONED IN THIS ARTICLE
Clearing House Association
District Bankers’ Association
Clearing Clause Association
Bankers’ Association
New York Produce Market Summary Sept 8 New York
New York prices for poultry butter flour and meats show mixed activity. Alive birds weak Western spring chickens 13 fowls 19 percent turkeys 1a. Dressed irregular. Butter firmer receipts 632. creamery butter 4 136 price levels listed. Lard easier in Middle West. cottonseed oil firm. coffee steady. Freight rates RarelySteady.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Newrh
Middle West
Muscovedo
Uzal
Santos Wo
Comtova
Wheat and corn futures steady on government report wait
New York grain notes spot prices flat for wheat with No 4 rel 99 elevator and No 7 northern Duluth futures little changed as government data awaited. Corn spot steady with No 2 at 74 elevator and No 3 freight by sea, futures nominal amid light trading. receipts and shipments tallied.
MENTIONED IN THIS ARTICLE
New York
Duluth
Washington Produce Market Wholesale Quotations
Wholesale market notes show strong demand for fresh fruits and vegetables with scarce frosty eggs. Prices listed for eggs, butter, cheese, poultry, and a long range of vegetables and green fruits across regional sources, plus money, exchange, and bond quotes.
Whitley Recovers Debts From Ventilating Co. Note
Frderic H Whitley at 215 Fulton Street issues notice regarding nonpayment for kitchen ventilating systems. The brief states We will not accept payment and names Whitley as claimant seeking settlement of outstanding amounts.
MENTIONED IN THIS ARTICLE
Frederic H. Whitley
Fulton Street
Dry Goods and Iron Demand Rise in September Trade
R G Dun & Co reports steady improvement in business conditions with a rise of 183,509 tons in August pig iron production and stronger demand for woolens and worsteds. Dry goods show improved demand especially for novelties and current needs, with export prints abroad large. Leather, footwear, and hides prices firm. failures in the U S reach 194 for the week, Canada 22.
MENTIONED IN THIS ARTICLE
New York
Sept
R. G. Dun & Co
Interc
Lipper
United States
Bradstreet’s
Canada
Wall Street brokers fail at New York firm collapse
The firm of L. B. Wilson and Company at No 6 Wall Street, a longtime Consolidated Stock Exchange member, failed amid claims by founder Wilson that partner Duncan M Ferguson falsified customer accounts and embezled funds. Ferguson has vanished after the afternoon departure.
MENTIONED IN THIS ARTICLE
New York
Sept
L. B. Wilson and Company
Wall Street
Consolidated Stock Exchange
Wilson
Duncan M. Ferguson
Ferguson
Exchange
Baltimore Markets Broadly Steady Wheat and Poultry Prices
Wholesale market notes show steady or firm pricing across staples in Baltimore. Wheat at 93 percent on grade Southern on grade 92 04, corn firm with slight tension, oats steady with No 2 white at 46 46, rye steady at 92 94, and various live poultry prices for large and small fowl, ducks, pigeons, and guinea fowl. Butter prices range 26 to 29 cents per pound with creamery and dairy prints listed. Eggs and regional dairy items noted with assorted regional rolls and beef notes.
MENTIONED IN THIS ARTICLE
Baltimore
Sept. S
Maryland
Pennsylvania
Ohio
West Virginia
Afland
Virginia
Southern
North Carolina
Philadelphia Markets Prices in Sept Grain and Dairy Notes
Philadelphia market notes show mixed movements across commodities. Wheat steady No. 2 red exports. corn quiet No. 2 for focal trade. oats and related grains show varied quotes. Butter firm Western creamery prints. eggs firm firsts and Western firsts. cheese firm New York. Poultry prices soften for live fowls, chickens, and ducks. dressed fowls firm. Jersey baskets of potatoes hold at per bush prices.
MENTIONED IN THIS ARTICLE
Freeh Virginia
West Virginia
Coutlwest Virginia
Tennessee
New York State
New
Delaware
Philadelphia
Sept
F. c
G.mer
N.Y
Western
Jersey
Ger Basket
Oil Quotations and Shipments Reported
A terse oil market item lists balances 1 3 9,705 and shipments 257 02 with Sept averages 85,922. North Lima and South Tip Indians are noted in Toledo Ohio figures for September as part of regional quotations.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
North Lima
South Tip
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Wu Ou
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