Market drift in New York stocks as demand remains tepid
Weakness earlier in the week persisted with light selling and sluggish trading. Some stocks steadied after declines, aided by selective strength in southwestern railroads and sugar. Bond activity was moderate and prices largely held, while investors wager on capital flows and potential interchanges amid railroad sector finance concerns.
MENTIONED IN THIS ARTICLE
New York
Vist
Clase
Manhattan
Eee
New York Central
Park Avenue
Sterling Exchange
Bank of England
Southwestern
St. Louis Southwestern
St. Louis
Fragmented list of company names and a New York money market note
A garbled text lists numerous companies including Anaconda Mining Co Brooklyn Rapid Transit Continental Tobacco General Electric National Biscuit Pacific Mail American Locomotive Colorado Fuel & Iron and others. The piece ends with Standard New York market data showing money on call, mercantile paper rates, sterling, bankers' bills, and bond notes.
MENTIONED IN THIS ARTICLE
Anaconda Mining Co
Brooklyn Rapid Transit Consolidated Abc Cocluccess
Continental
Tobacco Preferred
General Electric
Hocking Coal Vee
International Paper
Laclede Gas
National Biscuit National Sait
Pacific Coast
Pacific Mail
People’s Gaa
Pullman Palace Car
New York
Prime Mercantile Papr
Sterling Exchange Tirmer
New York Market Mixed for Metals and Pig Tin Prices
The New York market showed steady pig tin with moderate business. Bid held at 23.75c while asked fell to 2.85c amid London declines. Copper stayed quiet with varied readings. iron markets in Europe firmed and local iron warrants listed from No 1 northern to No 1 southern foundries.
MENTIONED IN THIS ARTICLE
New York
London
Glasgow
Middlesboro
Northern Foundry
Southern Foundry
London stock panic fuels African boom rumors
The Commercial Advertiser reports a heavy settlement led by South African stocks, with the Cape cable rumor boosting activity and claims of British Cape control for 244 hours. Consols rose, Rio Tinto advanced, copper stocks fell, and the American department was neglected.
MENTIONED IN THIS ARTICLE
New York
London Financial
Stock Exchange
Cape
Rio Tintos
Chicago Markets Faces Margin Mania After Price Raid
In Chicago the grain market tumbled with margin pressure after last Monday’s raid on Hillips. Rumors of firm distress and potential failures swept the curb as bears pressed prices while bulls bought the dips. Wheat opened low, fell further on margin calls, then steadied. May at 4c gains near close. Corn and oats followed the mood, with heavy margin calls and a weak close. Provisions dropped alongside grains as traders faced liquidity worries.
MENTIONED IN THIS ARTICLE
Chicago
Jan
Commission House
May
Chicago Cattle Receipts and Market Report
Chicago market notes show cattle receipts of 11 down and slow with prices mixed. prime cattle at 7.35 and lighter stockers and feeders around 2.25 to 4.75, and mixed and butcher lots softly traded. Sheep and lamb receipts indicate steady to slightly lower demand, with western and native sheep and lamb prices noted. cash quotations for grains and meats listed, including pork, lard, and rations, alongside feedstuff totals.
MENTIONED IN THIS ARTICLE
Chicago
Jan. W
Wis
Weiner
Omaha Livestock Price Report from South Omaha
Omaha Livestock South Omaha Jan 16 cattle receipts 4 000 Merket We lower native steers buyers bid on feeder types as market trends show softer prices for cattle demand and supply dynamics in the region.
MENTIONED IN THIS ARTICLE
South Omaha
Market Livestock Quotes and Receipts Summary
Cattle prices show cows and heifers at 8 4.95 for western steers and 3.75 for Texas steers. Canners and stockers range 1.60 to 4.00, calves to 47, hogs receipts around 10,500 with mixed and skip auctions. Sheep receipts 3,200 with fed muttons at 4.25, westerns 3.70 to 4.25, lambs to 6.10.
MENTIONED IN THIS ARTICLE
Texas
Kansas City Markets Report Cattle Hogs and Sheep
Cattle receipts total 6000 head including 800 Texans with varied prices for native and Texas cattle and calves. Hog receipts 1200 plus, market strong with bellwether ranges noted. sheep and lamb figures shown with mutton and lamb price points and range of grades.
Wool Market Report from Pacific States
San Francisco market notes show spring wools firm with Nevada and Oregon buyers at 12 to 16 cents, fall wools quoted around 8 to 15 cents. regions Hum boldt Mendocino and mountain plains feature, lambs traded at varied prices. The report cites Oregon and California activity with steady demand across the Pacific wool regions.
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San Francisco
Nevada
Astern
Oregon
Valley Oregon
Humboldt
Mendocino
Mountain
Sax
South Plains
Lambs
Treasury cash and gold balance report
Washington state treasury statement lists available cash of 170,953,960 dollars and gold holdings of 108,509.58 dollars on January 16.
MENTIONED IN THIS ARTICLE
Washington
the Treasury
Sugar market in Glasgow rises on duty fears
In Glasgow on January day, the Clyde crushed sugar market opened with excitement amid expectations of higher duties on raw sugar and possible countervailing duty on refined sugar. Prices jumped quickly, with offerings sold at 3 pence above yesterday and up 1 pence since Monday.
MENTIONED IN THIS ARTICLE
Glasgow
Clyde
London Financial Markets Report Echoes Quiet Start
In London on January 16 the Close shows Consols for money at 49 with consols for account at 947 16d. Ananda, Li Atchison and Atchison preferred trade around 78% and ex dividend 10044. Canadian Pacific sits at 117, Northern Pacific preferred 102, Southern Pacific 81%, Union Pacific 104, Union Pacific preferred 1. Silver remains steady at 2 1 2 pence per ounce.
MENTIONED IN THIS ARTICLE
London
Anaanda
Atchison
Canadian Pacific
Northern Pacific
Southern Pacific
Union Pacific
Cork Elections Defeat Crean and UIL Candidates
In Cork on January 16, voters defeated Eugene Crean and ex Mayor Roche along with other United Irish League nominees. The defeat followed Crean’s campaign remark that if King Edward visited Cork for the international exhibition he would be hooted through the city.
MENTIONED IN THIS ARTICLE
Cork
Eugene Crean
Roche
United Irish League
Crean
Edward
Great Northern and Northern Pacific settle Seattle depot dispute
Thomrae Burke, Great Northern counsel in Seattle, held talks with President Hill this week and will return authorized to inform Seattle residents of the settlement of the vexatious union depot and terminal proposition. Two years ago the two railways clashed over the Seattle plan, each firm refusing to yield.
MENTIONED IN THIS ARTICLE
Sr. Paul
Thomrae Burke
Great Northern Counsel
Seattle
Hill
Burke
Union Depot
Great Northern
Northern Pacific
Bridge Gives Way on West Washington Street Bridge
The center span of the West Washington street bridge over the White River collapsed under a work train load of two trolley cars and four teams. Twelve men fell into the river but all were saved. four were injured. Two horses drowned and two were killed due to injuries.
MENTIONED IN THIS ARTICLE
Indianapolis
West Washington Street
White River
Census Clerks Dismissed in Washington January
Wholesale dismissals in the census bureau have begun with seven hundred already discharged. Others will go February 1 and at least six more in February. The moves aim to reduce the current force of about 5 600 to 700 in the permanent census movement.
MENTIONED IN THIS ARTICLE
Washington
Census Bureau
Snoqualmie Falls Power Seeks Portland Franchise
The Evening Telegram reports Snoqualmie Light and Power proposes sending electricity 18 miles to Portland by wire. Hi Baker, president of the Snoqualmie Falls company, has applied for a 10 year franchise with Portland city council, to be heard in two weeks.
MENTIONED IN THIS ARTICLE
Portland
Ove
Evening Telegram
Snoqualmie Falls
Snoqualmie Light and Power Company
Hi. Baker
Encoquelmie Falls Company
Dr. J. M. L. Curry Named Special Envoy to Spain
Washington January 16 Dr J M L Curry is appointed special envoy extraordinary and minister plenipotentiary to represent the president at the king of Spain coming of age. Curry a Virginia native and former minister to Spain returns to service.
MENTIONED IN THIS ARTICLE
Washington
J. M. L. Curry
Spain
Dr. Curry
Virginia
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