Market Rally After Slump Amid Confusion In Steel Shares
A volatile trading day saw prices break at the open with widespread declines in United States Steel and copper shares. By afternoon, sentiment improved as some rails and industrials recovered, though steel remained mixed amid uncertain futures and government action speculation.
Wall Street Opens Wildly Amid Heavy Steel, Copper Declines
Wide opening on the NYSE sent stocks into a frenzy led by Steel common, which plunged from 38 1 4 to 41 4 within minutes and traded over 2000000 shares. Copper eased to 12 71 cents a pound as United States Rubber sank and railroad issues firmed with Union Pacific, Reading, and others showing gains amid broader market unease and anticipated antitrust action.
MENTIONED IN THIS ARTICLE
Washington Post
York
Stock Exchange
London
Meer
United States
Union Pacific
Pennsylvania
New York Mural
Lehigh Valley
Louisville and Nashville
Stack Island
Yenver
Southern Pacific
Reading
Washington
Wall Street
Smith
Steel Corporation
Christma
Saab Crosing
Estes
Igh Sarm
Eae
Alltsalmers Pea
Iw Bry
Kansas City Southern
Kansan Crouthern
Amalgamated Copper
American Aricultural
Lacledeang
Amy
Louisville
Nashyvill
War and Foundry
Mackay Co. Pithe
TNS
Minnrapolia
St. Louis
Cottm cL
Hille and
Leather Pway
Minns
St. St. Mo
BOF
Smet and Refining
Id National Biscuit
BO N Ational Lead
As of Mexico
Enaew
York Central
Am Cain Sugar Refining
Tm4ha
Hoong
Vamerican Tel
Tel Ty Ae
Ontario
Wes Otn
Vamerican Tobacco Boh Watterfalk
Westero
Pacificteg
Anaconda Mining
Atchison
Oh Pacific Mail
Dake Maahtic Coast Line
Baltimoore
Ohio
Hethiehem Steel
Pitts
Fapia Transit
Pittsburgh
Pittsburgh Coal
Tulman Palace
Central Neweio Railway
Chesapemstow
Chicago
Alton
Republic
Chicago Great West
Fork Island Co
Northwestern
Mil
St. Paul
San Fran
U ¢ and & Louis
Louis Southwestern
Alorade Priel and
Iron
Soutshwestern Pi
Slorada and
Southern
Sheffield Steel and Fron
South Nm
Delaware Ap
Southern Railway
Piatsa
Denver and
Rio Grande
Tennessee Copper
Texas and Pacific
Denver
West
Ptd
Ed Wi
Union Pacific Pte
Weo General Electric
Northern Pt
Linkted States Steel
United States Steel Pia
Utah Copper
Sant Hines
Angarborough
Virginia-Carolina Chemical
Western Mailant
Inter
Marina Pt
Tuteran’ al Paper
Sig
Westinghouse Electrgota cd International
Western
Triton
Tisle
Wheeling and
Lake Erie
W. B. Hibbs & Co
Yibts Building
New York
Chicago Board of Trade
New York Bond Market Report and Consolidated Coal Notes
The New York bond market shows varied credits with shipments and closing prices listed for copper related issues. Consolidated entities like Gyenne-Cananen and Mines Sheen teat Capea data appear with sporadic figures while Liab Copper Co and related securities are referenced amid general market activity.
MENTIONED IN THIS ARTICLE
Toston, Box
Uwe
Pyankiin
Givens Consolidated Nf Consolidated i Gyenne-Cananen Haw
Washington stock market sales at noon report
Regular call quotations show Capital Traction at 2 and Washington Bvy at 2 percent with Electric common at 2 percent. Mergenthaler Linotype appears with multiple shares around 285 and 224.5 and Commercial National Bank at 198 and Washington Loan and Trust at 220. United States Trust shows none at the noon call.
MENTIONED IN THIS ARTICLE
Ngton Gan
Capital Traction
At & Washington Bvy
Electric Common
Mergenthaler Linotype
Commercial National Bank
Washington Loan and Trust
United States Trust
Washington Bwy
Washington
Lanaton
Chesapeake and Potomac Tel
American Tel
Emerson Steam Pump
Washington Market
Wolg
Norfolk
Washington Limbt
Riggs Realty
Washington Rw
Iny
Elec
Pia
Merchapta and Mechanics Savings
Varian Savings
Bank of Commerce
Provident Savings
Emerson
Washington Markst
Washington Stock Exchange notes and local banking moves
Prices were irregular at yesterday's Washington Stock Exchange season with moderate business. Washington Railways and others showed mixed performance while bonds and trusts offered varied results. A new Washington Lumber Company formed with $1.5 million capital aims to produce shingles and laths, with extensive timber holdings and mills planned. An involuntary bankruptcy petition against Oswald E. Camp was filed for $1567.99 by alleged creditors.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Washington Railw
Fredric
Bane. Roy
Lanston
Washington Gas
Bank and Trust Company
United States Trust
Commercial National
Washington Loan and Trust Acom
American Security and Trust
Exchange
Pric
New York
W. E B. Lewis
Lawrence, Barnum & Co
Washington
Holland
Belgium
France
Paris
Lewis
Washington Lumber Company
J. C. Knott
Reneral
John T. Flournoy
District Supreme Court
Oswald E. Camp
William A. Pierce
George M. Barker
Thomas J. William
Bas
New York Produce Prices and Supplies Report
New York market bulletin lists unsettled prices across dairy and agricultural goods. Butter and cheese receipts show modest changes, eggs and fresh gathered products varied, poultry and flour trends firm, with steady or unchanged readings in grains, molasses, and fats. Market notes include refined oils, nuts, and produce items with scattered regional price points.
MENTIONED IN THIS ARTICLE
New York
Muscovada
Santis
Potatnes
New York Grain Markets End Mixed on Global News
Spot prices firm for No 2 red wheat at 1.0014 elevator export basis and 1.92 afloat. Futures surge on Canada reciprocity defeat, Russia crop news, with September 1.01 and December 1.02 rise. Receipts tallied at 5 000 shipments, while spot data for domestic grades show 764 elevator No 2 to arrive at 76 afloat. Futures were nominal for some lots with varied receipts of 20 6 shipments and 26 473 total.
MENTIONED IN THIS ARTICLE
New York
Duluth
Canada
Russia
Chicago Grain Surges as Market Reacts to Reciprocity Loss
In Chicago on September 22, wheat futures jumped amid a nervous close and limited gains from the Canada free trade issue. December futures rose to 99 1/2 and settled near 98 3/4 with corn and provisions also higher. Traders noted heavy wheat holdings in Chicago, strong early trading, and ongoing volatility despite the reciprocity defeat.
MENTIONED IN THIS ARTICLE
Chicago
Canada
Gats
Scen
Washington Produce Market Wholesale Prices Report
The Washington market lists wholesale quotes for eggs butter cheese poultry and a wide range of fruits vegetables and meats. Fresh eggs scarce, rutabagas, potatoes, apples, oranges, and melons show moderate to strong demand with varied prices. calf, lamb, hog, and sheep offerings noted with demand levels.
New York Cotton Markets Rally Amid Weak Interior Signals
New York cotton prices slid to new lows as heavy interior selling persisted, yet some shorts attempted modest rallies. New Orleans and Atlantic States markets showed weakness with spot offers pressures. Cotton futures closed steady with January at 10.62 to 10.68 and December around 10.91.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Atlantic States
Quist
Gulf
Live Stock Markets Report Wide Receipts and Prices
New York and Chicago market notes show cattle receipts around 2,668 in New York with steers weak to 4.25 7.50 and cows 1.75 4.85, calves mostly 7.00 10.50, sheep and lambs plentiful with prime lambs strong, hogs lower at New York 7.00 7.40, Chicago cattle steady 4.80 8.00, hogs 6.40 7.20, lambs 4.50 6.25.
MENTIONED IN THIS ARTICLE
New York
Chicago
Texas
Corporation Counsel reports in a busy year for courts
E H Thomas says juvenile court fined 28048.97 in nonsupport cases. Juvenile and adult case counts include 259 and 337 respectively with 15724 informations filed in the police court. Fines and forfeitures totaled 74239.98 up by seven thousand, with cases argued in federal and local courts and all won by the District. The office prepared 228 written decisions and 196 tax dense. Future staffing may grow if Congress acts on public utilities or corporate regulation.
MENTIONED IN THIS ARTICLE
E. H. Thomas
District 1
Supreme Court of the United States
District Court of Appeals
District Supreme Court
Municipal Court
United States District Court
District of
Virginia
Corporation Counsel
Congress
Publ Utilities
Regu
Baltimore Markets Reported Prices Sept 22
Wholesale quotations from Baltimore on September 22 show firm corn and mixed wheat, with live poultry prices for Spring chickens ducks and geese listed. Butter, eggs, and dairy products are noted with regional sources and varying quality grades.
MENTIONED IN THIS ARTICLE
Baltimore
Pennsylvania
Westrotte
Virginia
Butler
Maryland
Westerloa
West Virginia
Southern
North Carolina
Vania
Gret Ghio
Philadelphia Markets Wheat and Corn Prices Rise for Local Trade
Philadelphia market report shows wheat at 92.5 to 93 with higher noise, corn firm up for local trade, oats gain about one to two cents, butter steady at Western creamery levels, eggs firm with Pennsylvania firsts around 7.20 per case, cheese firm across New York creams, poultry and ducks quoted with varied values, potatoes listed per basket and per bush with assorted regional figures. Beef and other meats not indicated.
MENTIONED IN THIS ARTICLE
Tready Virginia
West Virginia
Southwest Virginia
Tennessee
New York State
New
Maine
Colorado
California
Delaware
Niagara
S. Bartlett
Philadelphia
Lsc
Pennsylvania
New York
Hirin
Jersey
Dearby
Bush
METAL MARKET REPORT FROM NEW YORK AND LONDON
Standard copper weak in New York spot and forward markets with September to December ranges. London spot and futures quoted. customs returns show 37,737 tons exported this month. Local iron markets subdued with No 1 foundry prices around 16 to 16.50 and Southern soft iron trends noted.
MENTIONED IN THIS ARTICLE
New York
London
S Sd
Custom House
Lake
Northern
New York Money Market and Bond Outlook
The New York money market shows on call rates steady at 2 2% with the ruling rate at 2% and closing bids at 2%. Time deposits steady. six months at 4% and 99 days at 4%. Prime mercantile paper at 4% and sterling exchange firm with bankers' bills. bar silver and Mexican dollars noted. Government bonds steady. railroad bonds heavy.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Sterling Exchange
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Impor
Tth
Pa. Ave
Union Savings Bank Head Bank
14Th St. Central Branch
Cor. 7Th
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WW. B. Hibbs & CO
New York Stock Exchange
Hibbs
Buick Motor CO
Connecticut Ave
the Automobile Repair CO
Andrew D. Loffler
Third Street
Stanley
Steam Auto Shop
Lee
Maxwell
Steele
Sid St. Nw
Ford
Moore
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Stanley Steamer
Dewey
de & Tires
Potomac Auto CO
Normandie
New Dupa
Louis
14Th St
Passen- Sperial
People's Auto
Kompany
Miller Bros. Auto & Supply CO
Selder
M. T. Pollock
Stoddard-Qayton
S-Rassenser
A. Barnard Motor Car CO
Pullman
Minneapolis
Minn
Congressional Garage CO
Ave. S. E
Tel. L
National Electrical Supply Co
N. Ave
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Pope-Hartford
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Pope Automobile Co
Uth
St. Aw
Cook & Stoddard Co
H St. N. Ww
Earle & Allen
Pourteenth NW
COLE
Wilson Company
Onneceticut Ave
Carter Motor Car Corporation
Dayton
Meridian Sales Co., Inc
John A. Luts
Montrae
Hudson
Erera Co
Comae
H. B. Leary, JR
Fourteenth St
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Aprerson Regal
Emerson & Orme
Ciatributers
Hi Street
Gettysburg
Zimmerman
Barnes
S18
Ave
National Savings and Trust Company
Cor. 15Th
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Fifteenth Street N. W
American Telephone & Telegraph Co
WM. R, Driver
14Th Street
N.W
Neae
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