Dull Day in Stocks as Banks Face Losses and Wabash Proxy Fight
A dull narrow stock day saw leading shares slip while London markets feared higher rates and Paris sugar woes. Banks faced a cash drain and a large loan reduction looms, with money rates rising to 4 percent. Ramsey seeks proxies in the Wabash control bid, stirring speculation of a Gould-stock challenge and affecting overall market sentiment.
MENTIONED IN THIS ARTICLE
Washington Post
New York
London
Paris
Ramsey
Wabash Railroad Company
Gould
Express
Stock Exchange
Mr. Ramsey
Wabash
Canadian Pacific
American Locomotive
United States Rubber
Republic Steel and Iron Companies
Cincinnati
Hamilton and Dayton
Hollins Syndicate
Messrs. J. P. Morgan & Co
Erie Railroad
Erie
Bank Clearings Across Cities for Week Ended Sept 15
Bradstreet’s compilation shows New York at 1.600 billion with a 19.9 percent rise and Chicago 262 million up 16.6 percent. Other cities report varied gains and losses including Boston, Philadelphia, St. Louis, Pittsburgh, San Francisco, Cincinnati, Baltimore, and many regional towns with percentages. Total U S clearings stand at 2.625 billion, up 17.9 percent, with outside New York around 8.67 million. Many children rescued by Dr King’s New Discovery for consumption and coughs is advertised. 6c and $1. All druggists.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
Chicago
Bogton
Philadelphia
St. Louis
Pittsburg
San Francisco
Cincinnati
Baltimors
Kansas City
New Orlzana
Minneapolis
Cleveland
Louisville
Detroit
Omaha
Providence
Los Angeles
Buffalo
Indianapolis
St. Paul
Memphis
Richmond
Washington
Savannah
Atlanta
Troreals
Nashville
Norfolk
Augusta
Tinningham
Charleston
Chattanooga
Wheeling
W. Va
Macon
Lexington
United States
Mareen
American Tobatco
American Tobacco
Atchigan General
Atlantic Coast Line
Baltimore and Ohio
Central of Georgia
Chesapeake and Ohio
Chicago and Alton
Chicago, Burlington and Quincy
Colorado Midland
Colorado and
Southern É
Cuba
Denver and
Rio Grande
Dietillers’ Securities Sa
Erie
Erie General Ee Ae
Fort Worth
Hocking Valley
Japan
Ae Loulaville
Nashville Unified
Ant
Hy Manhbatian
Consol
Mexican Central
Mexican Central 1St Inc
Minieapolta
St. Louie
Missouri
Kansas
Texas
Kaneag
Ta National Railroad of Mexico
New York Central
New Jersey Central General
Northern Pacific
Norfolk and Western
Oregon Hort Line
Pennsylvania
Reedling General
Iron Mountain
Bt. Louis Southwestern Cp
Seaboard Air Line
Southern Pacific
Southern Halfway
Tixon and
Pacific
Toledo, St. Louis
Western
Union Pacific
United States Steel 2d Bs
Whitnington— Etenay
Baltimore
Houston
Bready A
Louis
Eid
Great France
Continent
Priltain
Great Britain
France
Mexico
Wabash control struggle cites Gould Ramsey clash and rail firm ties
Special to The Washington Poet notes Georges Gould faces a power struggle with Mr. Ramsey over Wabash control. Rockefeller holdings and Missouri Pacific treasury stock influence the outcome. Debentures rise on Ramsey appeal as Missouri Pacific and Wabash ties shape market moves. More than ten million silver dollars reach the West for harvest needs.
MENTIONED IN THIS ARTICLE
Washington
New York
Georges Gould
Gould
Ramsey
Wabash
Wabash Securities
Mr. Ramsey
Rockefeller
Missouri Pacific Treasury
Rockefellers
2 Broadway
Missouri Pacific
Gould Company
Algo
Tron Mountain
Treasury
Wabach
Mixaouri Pacific
New York Stock Market Closing Prices Report
New York September 15 closing prices across major stocks and Wheat and related commodities show mixed gains. Many industrials including Am. Cotton Oil Am. Express Am. Hide and Leather and steel and railroad stocks list varied movements amid market activity.
New York Grain Market Report Sept 16 With Wheat Rise
New York WHEAT receipts 8900 bushels and prices firm closing up fraction. No 2 red 8 1 2 cents at 8 36 fob and 9 1 2 cents at 1 0 0 afloat. May near 99 13. September 86. December 82 5 16. CORN receipts 64600 bushels with No 2 60 2 percent at elevator and afloat. OATS receipts 193500 bushels with natural white and clipped white pricing. Treasury receipts and expenditures listed including redemption and customs.
MENTIONED IN THIS ARTICLE
New York
Duluth
Pacific Coast
Chicago
Washington Railway Bonds Rise on Strong Demand
Wash ington Railway Company bonds recovered with heavy buying and prices up to 91 1/4, 528000 traded, Norfolk and Washington Steamboat issues near 112, with Lanston and Mergenthaler activity, Union Trust expanding space, Capital Traction appoints R Douglass Simms as treasurer, NYSE seat sells at 84000, Bankers Association fund drive underway totaling 10000 with 9500 remaining.
MENTIONED IN THIS ARTICLE
Washington Railway Company
Union Trust Company
Capital Traction Company
R. Douglass Simms
Charles N. Koones
Offich
Boxer
Ate
Quotations Dated From W B Hibbs Co Bankers and Brokers
The quotations are the same as those received daily by W B Hibbs Co bankers and brokers located at 1419 Street who are members of the New York Stock Exchange Chicago Board of Trade and Washington Stock Exchange.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
1419 & Street
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
Bank Era
F Street
Chicago Board of Peade
New York Money Market Snapshot
New York money market shows firm to higher rates with bids at 3 percent and offers to 4 percent. Time loans vary by term from 3 to 4 percent for 60 days and six months. Sterling exchange steadies with bankers’ buys around 4.8510 and 60 day bills near 4.8525. Government bonds steady, railroad bonds irregular.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Steriing Exchange Steadier
Bankers
Live Stock Prices Across Markets With Mixed Movements
Chicago receipts 3 000 cattle market steady to lower steers 3.50 3.85 stockers 2.00 7.50 cows bulls 2.20 3.60 hogs 12 000 market about 5 higher best 5.50 5.75 light 5 15 6 50 sheep receipts 10 000 lambs 4 50 6 75 New York beef receipts 4 414 steers 3 90 6 00 calves 1 50 3 40 prices mixed across regions. London and Liverpool note live cattle steady, exports heavy. Hogs in Baltimore market steady.
MENTIONED IN THIS ARTICLE
New York
American Cotton Oil
American Cotton Oi
American Expres
Hide and Leather
American Ice Securities
American Locomotive
American Sugar Refining Am
Tobacco
Anaconda Mining Co
Atchivon
Atlantic Coast Line
Baltimore and Ohio
Ptd
Brooklyn
Rapid
Consdian Pacific Gentral
New Central Leather
Chicago
Northwestern
Mil
St. B
Trang
del, Lack
Denver
Rio Grande
Rio G
Metropolitan Street
Mentean
Minn
Loula
M. St. P
Sie, ML Co
Milgouri Pacifico
Kansas
Texas
Kans
Tex
Nat R. R
New York Central
Ontaria
Norfolk and Western
Pennsylvania
People's Gas
St. Proresd Steel
Pressed
Reading
Republic Steel
Pfa Rock Eslané Co
Rock Island Co
Rubber Goods
Sicas-Sheffeld Steel St. L
San
F Street
New York Stock Exchange
Washington Brook Exchange
Chicago Board of Trade
Liverpool
Shorts
St. Louis
Bradstreat’s
Minneapolis
Duluth
Com
Liel
Bullleh
United States
Stee
Carolina Chemical
Carolina Chem
Wabash - Wabash Ptd
Wells-Fargo Express
Westinghouse Electri Western Union
Wheeling and
Lake Erie
Wisconsin Central
Origa
Tve
Park
London Cables
Indiana
Canada
Market snapshot shows varied bids across rail, gas, and banks
Yesterday's stock quotations list trades and bids for Washington Railway and Electric preferred and common, Norfolk and Washington Steamboat, Washington Gas, several banks and utilities, plus bond prices and miscellaneous stocks. Notable entries include Washington Railway and Electric preferred around 92, common near 43, Norfolk and Washington Steamboat at 28, and multiple rail and gas issues with various yields and maturities.
New York Cotton Era and Brokers Active
In New York a scene from the cotton market shows brokers and members of the Stock Exchange and Chicago Board of Trade meeting at 1419 F Street to discuss era and brokerage activity.
Market declines in October amid mixed signals
Attorneys from Wood and Blankenship report on October bull position with no Wall Street support. Bears growl while local markets weaken. prices slide as few shorts take profits. South reports bullish spot, but official data show unchanged to time lower. Receipts exceed exports. weather predicts favorable picking and a smaller September deterioration than average.
MENTIONED IN THIS ARTICLE
Wall Street
Commission
Wire House
Losgs
Baltimore Markets Show Steady Grain and Dairy Dynamics
Baltimore reports broad steadiness across futures and spot markets. Wheat, corn, oats, rye and hay hold firm with uneven receipts. butter prices steady and varied by grade. freight rates unchanged as markets digest regional demand.
Also Mentioned on This Page
Niewspa
NEW York Stock Market
Chicago Grain
U.S
NEW York Grain
Local Financial
Norfolk and Washington Steamboat Company
Washington Railway Common
Fnally
Lanston
Mergenthaler
Boston
A. F. Fox
Bankers’ Association
District Association
Baltimore Railroad
Washington Railway and Bleatricia
Sly
Norfolk and
Washington Steamboat
Washington Railway and Electric Preferred
Washington Railway and Electric Common
SOU
Lincoln National Bank
People’s Fire Insurance
Washington Gas
Morganthaler
Graphophone Preferred
Greene Copper
Cbuyer
District of Columbia
Philipping
Capital ‘Traction Railroad
Metropolitan Railroad &S
Metropolitan Railroad
Columbia Railroad
City and Suburban Railroad
Anacostla and Potomac Gs
Washington Railway and Electric
Bristol Gas End Electric
Washington Gas Company
Ceriea
Weshington Gas Company
United States Electric Light Debentura Improvement
United States Electric Light
Chesapeake and Potomac Telephone
Washington Market Company
Potomac Electric
Norfolk and Washington
Safe Deposit and Trust
Naional Safe Deposit and Trust
Washington Loan and Tru
American Security and Trust
Washington Sate Deposit
Washington Savings Bank
Home Savings Bank
Union Savings Bank
Railroad
Wtecks
Capital Traction
The
Brigton Gag and Electric
Bank alocks—Commercial
Bank of Washington
Metropolitan
Central
Farmera and Mechanics
Second
Columbia
Capital
American
Traders
Lincoln
Riggs
Franklin
Corcoran
Potomac
Arington
National Union
Mergenthaler Linotype
Langton Monotype
Greene Consolidated Copper
Washington Market
Norfolk and Washington Steamboat
Realty Appraisal and Agency Company
Garii Polnta
Erassone
National Safe Deposit, Savings& Trust Co
Carrgth
New York Age
Swartzell, Rheem & Hensey Co
Warner Building
A. Hh. Hoon
Reed
16Th St. Nw
W&o
Washington, D
Harr Son-Browning CO
JAS. M. York & Sons
Thos. J. Fisher & Co., Incorporated
Walter H. Acker
D. C
Moore & Hill, Inc
14Th St
A. F. Fox Co., Inc
D.C
Smith Co
Bond
Stone & Fairfax
Tyler & Rutherford (Incorporated
F St. Nw
WM. H. Saunders & CO
Fst
Wood & Blankenship
Law
Colorado Building
Washington, D.C
C. R Lem
Larme
Uae
Eacy
Pachad
Babane
Fransiates
Gig & Street
York Stock Exchange
Chicago Board of Trades
STOCE
Association
Affea
Equitable Co-Operative Building Association
Equitable Building
Jobs Joy Edson
Bilin Spear
Geo. W. Casllear
Frank P. Reeside
F. H. Smith Co
N. Y. Ave
Bond Bldg
U. 8
Traders National Bank Cor Paive
Washington Loan & Trust.co
John Joy Edson
Boyd Taylor Thomas Brad
Treasier Tonsistant
Frank H. Smith
Alvin M. Lothrop
B. Quincy Smith
John B. Sleman, Jr
G. C. Watson
Jackson H. Ralston
I. G. Kimball
3S Bank
IN. Y. Ave
Chesley & Spence
Colorado
Jenkins & CO
Commission Stock Brokers
Arthur Wall
Traning A
Lynn, Wall & Co
F Street Northwest
Adams Building
Keen
Eerie Veneer Eae
Dann U. & Treasury
N. W
DE & Red
J. J. Sage & Co
Broadway
N.Y
Atlantic Building
Toome
L Warder
STH
Ttk
Potomac Guarantee
Atreet N. W. Atlantic Building
Metropolitan Loan and Trust Co
E Street N. W
Iris
Latia Corvinea
National Loan and Investment C O
G Sts. N. W
U. S. Treasury
Bev
Linr Mutual Loan and Trust
Building and Loan Association
Biriefly
Traut Room
National Mortgage Loan
F ST NW
Iareyet Buase
Corceren
MS Lichot
Niewera