Market Sagged As Professional Traders Dominate
The stock market showed a heavy professional tilt over two weeks with swift shifts in positions, liquidations, and a clouded monetary outlook. Gold imports, bank reserve impairment, and doubts about the recent London and Bank of England actions weighed on prices as outside interest fell to a minimum and trading stalled.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Jess
National Loan and Investment Co
15Th
Sts. N. W
U.S. Treasury
Wall Street Gossipy Market Shuffle Sparks Mixed Bets
In New York on September 13 the market shows a two sided tilt with some bearishly turned bulls buying high priced rails and cheap industrials while others who rose last week sell or hedge. Gold imports buoy sentiment for a higher year end though doubt lingers on money supply and gold momentum with traders watching St Paul and Southern Pacific moves.
MENTIONED IN THIS ARTICLE
Washington
New York
St. Paul
New York Stock Market Quotation Highlights
Daily quotations from W B Hibbs and Co chart a broad picture of urban finance. Listings cover Washington Railway and Electric, District of Columbia bonds, railroad stocks, insurance equities, and utility issues with prices including 4s 90% and common shares around 42 to 64 percent.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
Street
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
Chespeake and Potomac Telephone
Washington Market Company
Potomac Electric Light
Norfolk and Washington Steamboat
Safe Deposit and Trust
National Basy Deposit and Trust
Washington Loan and Trust
American Security and ‘Trust
Washington Safe Deposit
Union Trust Company
Washington Savings Bank
Home Savings Bank
Union Savings Bank
Capital Traction
The
Washington Railway and Electric Preferred
Washington Railway and
Electic Common
Bristol Gas and Electric
National Bank
Commercial
Bank of Washington
Metropolitan Citizens
Central
Farmers and Mechanic
Second
Columbia
Capital
American
Lincoln
Riggs
Franklin
Metropolitan
Corcoran
Potomac
Arington
National Union
People’s
Colottal
Washington
Chesapeaka
Washington Gas
Georgetown Gas
Mergenthaler Linotype
Lanston Monotype
Greeny Consolidated Copper
Washington Market
Norfolk
BAKTR
Metzeratt
P. O. Box
Washington, D. C
Harrison- Browning Co
D. C
Frank T. Rawlings
Arlington Fire Toaurance Company
New York Bond Market and Cotton Prices Steady
The New York bond market lists extensive certificates and 4s to 6s with varied bids and offers while the cotton market shows steadier tone with a small late gain after an initial advance. Sales reach an estimated 275,000 bales as nervous hedges and bear pressure temper gains.
Washington Railway and Merger stock surge on public demand
Trading on the regular call edged tame then a rush for Washington Railway Company common stock appeared with 108600 shares traded and prices peaking at 44 for a six month option. Other issues cited include preferred stock near 93, Lanston and Merghenthaler activity, and a note on city receiver matters and dividends.
MENTIONED IN THIS ARTICLE
The
Stock Exchange
Hume
Washington Railway Company
Wheat and Corn Prices Slip as Wheat Weakness Persists
Market reports show wheat prices at day’s low, December opening unchanged to slightly higher and closing lower. Local receipts bolster the care market while exports aid buying. farm December opens higher, then climbs and closes up. Provisions weaken with hog prices falling. futures for January show a slight dip. New York grain highlights include wheat closing lower on bear news and French cattle, with corn and oats also mixed.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington
Chicago Board of Ade
Chicago
Northwest
C. Duta
Minneapolia
Duluth
Miitlers
Canada
Manitoba
France
India
Minneapolis
Middle West
New York
Chicago Bulls
New York Produce Prices and Market Report
New York March market notes steady to firm movement across commodities. Butter, eggs, lard, and pork show varied firmness while metals and oils weaken with London tin and copper quoting lower. Potatoes, cabbages, and hides show mixed readouts, and freight rates to Liverpool remain steady.
Live Stock Markets Reports From New York and Chicago
New York receipts: cattle 2,470. steers 3.59 to 5, bulls 2.50 to 3.25. cows 1.40 to 9.25. calves 5.00 to 9.50. veals steady. sheep and lambs 3.50 to 5.00, lambs up to 6.25. hogs 6,710, market lower. Chicago receipts: cattle 21,000. market steady to 10c lower. steers 4.85 to 8.25. hogs 2.55 to 5.80. sheep 2.50 to 7.00.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Chicago
Baltimore Markets Grain and dairy prices steady in today’s reports
Baltimore markets show steady or unchanged quotes across grains and dairy. Wheat receipts 27,132 barrels and exports 1,060 barrels. corn steady with spot easy and futures firm, oats firmer with No 2 white at 31 to 32 cents. rye No 2 Western 64 cents. hay steady. butter 19 to 22 cents. eggs firm at 21 cents. cheese steady. sugar steady at 5.45 cents.
MENTIONED IN THIS ARTICLE
New York
Cordova
Liverpool
London
Iran
Middlesboro
Standard Foundry
Foundry Northern
Foundry Southern
Baltimore
Whdat—Dasler
Local butter and eggs market report
The local dairy page notes eggs in fair supply with steady demand and a firm market. Virginia and Southern eggs listed around 23 and 21 cents per unit. Butter offers vary by grade with creamery and Western options, prices from 15 to 23 cents.
MENTIONED IN THIS ARTICLE
Virginia
Southern
Unprecedented Demand Reported From Western Railroads
Pittsburg reports large orders for steel rails for next year from Western railroads, indicating record demand. Orders to date total about 1,500,000 tons for next year, with an additional 300,000 tons carried over from this year. If sustained, production may hit a record around 2,990,000 tons in 1993.
MENTIONED IN THIS ARTICLE
Western Railroads
Pittsburg
Board reelects old directors and plans October meeting
Directors were re elected to the board and a meeting is scheduled for October to declare a dividend. Reports indicate the road condition is satisfactory.
MENTIONED IN THIS ARTICLE
Img
American Smelting and Refining Company Dividends Rise
New York Sept 13 The annual report shows net earnings of 3 898 811 for the year ended April 30 an increase of 999 238 from the previous year After employee profit sharing 216 815 construction 1 063 083 and 6 000 000 in dividends there remains a year end surplus of 1 618 911 a fall of 347 825 Dividends up 1 250 000 from 1904 The firm bought 25 000 shares of American Smelters Securities Corp stock and now holds 177 510 shares of common stock in the same company, not reflected in the investment account.
MENTIONED IN THIS ARTICLE
American Smelting and Refining Company
New York
American Smelters' Securities Company
American Smelters’ Securities Company
American Smelting
Jersey City
W.S. McCornick
Salt Lake City
Edmund N. Nash
Decca
Also Mentioned on This Page
Wall Street
Professionals In Control
Bank of England
Tis
Western Union Telegraph
Erie
Cincinnati
Hamilton
Jon Pere Marquette
Toledo
Westrn Rairoads
Mareau
Patton
Prime Mercantile
Sterling Exchange
Bankers
I G
Pew
NEW York Stock Market
Washington Railway and Electric
Washington Railway
Washington Hailway
Lanston
Graphophone
Washington Railway and Electric Common
S Stock Exchange
District of Columbia
Capital Traction Railroad
Metropolitan Railroad
Columbia Railroad
Anacostia
United States
United States Electric
Adame Express
Amalgamated Copper
Car and Foundry
Express
American Ice Securities
Anaconda Mining Co
Atchison
New Jersey
Chesapeake and Univ
Alten
Great Western S
Northwestern
Colorado
Southern Cale
Cole
Consolidated Gas
Delaware and Hudson
Lack, and Western
Denver and
Rio Grande
Denver
Rilo G
Securities
Orie
Taye General Electric
al Great Northern
Hocking Valley
Ilinois Central
International Paper
International Pump
Iowa Central
Iown Central
Kansas City Southern
Louisville
Nashville
Manhattan L
Metropolitan Securities
East
Minn
St. Louis
St. P
Kansas
Texas
Kuns
Tex
Ptd
Nationsi Blocult
Nat. R. R. of
Mexico
New York Central
Qatarto
Ana W
Bay Ay
Norfolk and Western
BO Norfolk and Western Ptd
Northern Pacific
Pacfac Mal
People's Gas
Pitts
St. L
Carp Anong Pullman Palace
ALBM
Republic Steel
Republic Steel Pt
Rock Island Co
Sheffield
St L
San # 2 of 2007 a a7 St Louis Southwestern
Southwestern Ptd
Southern Park
Lise
Southern Pacific
Arm
Union Pacific
Union Pactfte Pta
United States Realty
United States Rubber
LOT Steel
United Statesteel
Carolina Chemical
Carolina Chem
Wabash “Atte
Wabash Prd
Aly Wells-Fargo Express
Westinghouse
American Tobacco
Atchison General
Atchison Adjustment
Atlantic Coast Line
Baltimore and Ohio
Central of Georgia
Central of Georgia Ist Inc
Gentral of Georgia
Chesapeake and Ohio Digs
Chicago and Alton
S . Aay
Burlington and Quincy
New 4A
R. I
Pacle
Pacific R. KR
Chicago Terminal
Colorado Midland
New Colorado and Southern
Cuba
Denver and Rio Grande Distillers
Erie General
Fort Worth
Hockings Valley
Japan
Manhattan
Consol
Mexican Central
Minneapolis and
Missouri
Miesouri
Rational Railroad of Mexico
Sane
New Jersey Central General
Oregon
Pennsylvania Convertibia
Iron Mountain
San Francisco
St. Louiz Southwestern Con
Seaboard Air Line
Souther Pacific
Southern Pacifc
Southern Railway
Texas and Pacific Iste
Toledo, St. Louis
Western Union Pacific
Bankers and Brokers
Hi9
FE Street
Wall Street Pool
Galveston
New Orleans
Charleston
Jacksonville
Wea
Houston
Baguepe
Augusta
Byewsewawe
Memphia
Uallapedane
Cincinnatimelos
Great Britain
Stock
Continent
Local. Financial
Mergenthaler
Boston
Commercial Bank
Metropolitan Bank
City and Suburban
Mergenthaler Linotype Company
Maine
Bankers’ Convention
A. K. Parris
Seation
American Bankers' Association
C. C. Glover
White House
New Willard
District of Columbia Association
Merchants’ and Mechanics’ Savings Bank of Washington
Alexandria
P. A. Drury
Henry Evens
Emmet L. Adams
William A. Hill
Charles Kraemer
Charles W. Carr
A. G. Clapham
T. C. Johnson
J. M. Crute
Julius J. Peyser
Elridge E. Jordan
Charles J. Walker
D. J. Waniman
F. T. Lanner
William G. Dunnington
Uay
Chicago Grain
NEW York Grain
Baltimore Railroad
Tenn
Nashville, Chattanooga and St. Louis
ANK
ACCOL
National Safe Deposit, Savings & Trust Co
New York Ave
C. Listed
Trust CO
IBS & CO
1 Stock Exchanges
Ton Stock Exchange
Board of Trade
Gle Bee Rey Capital Traction
R’y. Ptd
R’y. Com
Steamboat, &c
Co-Operative Building
Xchange
Riggs Winx
Ave
U. S. Treasury
Consultus
F. H. Smith Co
N.Y. Ave
Bond Bldg
D. Cc
Moore & Hill, Inc
4Th St. Nw
FOX CO
Ing
14Th St
15Th St. Nw
HW. Smith CO
Bond
OY. Ave
D, C
Stone & Fairfax
Tyler & Rutherford (Incorporated
F St. Aw
WM. H. Saun
Ders & CO
E. H. Taggart
13Th St
Ernation Banking Corporation
G Street
N. W
Swartzell, Rheem & Hensey Co
Warner Building
Washington Loan & Trust CO
Fitb
ERAT
PSTAT
John Joy Edson
Andrew Parker
Harry G. Mebm Boyd Taylor
Thomas Bradley
Francia H Smith
Alvin M. Lathrop
E. Quincy Smith
John B. Sleman
G. O. Watson
Jackson H. Ralston
I G& Kimball
Auditor Union Sa Bond Bldg
Jth & Nly
Jenkins & GO
Commission Stock Brokers
Greulich
Martin & CO
Chesley & Spence
Colorado Building
Somer
Vdapa
Ladi Department
Arthur Wall
Are Anne
Lynn, Wall & Co
F Street Northwest
Adams Building
Fred K J. Warburton
Heiskeil & McLeran
Wood & Blankenship
Gelorade Buildin
Ashington
Gasab
York
U.S
Traders National Bank
Wade & Hedges
J. Sage & So
Broadway
N.Y
Atlantic Building
N. W. Atlantic Building
Ati
Businema
Ume
Wade
Joana
Trst’ CO
N.W. Cor
Glee
LIN Mutual Loan and Trust
Building and Loan Association
Pla
Tatioral Mortgage
F ST. NW
Lars
Ai Pringipal
Sea Tolman
Sia Corcoran
Hrehi