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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Apr 01, 1908

Page

9

Drop in stock prices and Erie finances dominate market news

Special to the Washington Post reports a bleak stock market with widespread pessimism. Atchison directors face a dividend decision, while copper and gold exports stir activity. Erie Railroad faces a potential $17 million payment and mounting debt, as labor trouble and large stockpiles influence sentiment.

Washington Post New York Atchison Morrow Poser Calumet and Arizona Mining Company Chicago Union Traction Company

Logal Financial Market Notes From Yesterday

Local stock exchange activity showed little change with no major incentives or new moves. Gas stock rose to 63 but failed to boost bullish sentiment. several banks held bid prices while only marginal inquiries appeared for Commercial National. Dividends payable today include Columbia Railway, Mergenthaler Linotype, and Capital Traction among others. Col Henry F Blount returned from California trip and appeared hale at American Security and Trust.

Peéra Bank and Trust Company American National National City Commercial National National Savings and Trust Columbia Railway Anacostia and Potomac Mergenthaler Linotype Capital ‘Traction Norfolk and Washington Steamboat National Metropolitan Bank Farmers and Mechanics’ National Bank District of Columbia Col Henry F. Blount American Security and Trust Company California Adams Express Baransas City Southern Amalgamated Upper Laurae Nashville Capital Traction Fis Car and Foundry Mexican Centra Minneapolis and St. Louis Washington Railway and Electric State Cotton Oi Pte M. St. P. & Sault St P Ste. M Capital Traction Amerman Exprex Missouri Pacific Washington Railway Kansas and Texas Mistouri Kans Tex Bag Mitchell Mining Otpra National R. A Potomac Fire Insurance New York Central N. Y Ontario and West Norfolk and Western Hefny Pfa Ington Railway and Electric Luger Re Tobacco Pfil Anaconta Mining STM Attyaind Northern Pacific Washington Railway and Electric Preferred Atchison Pennsylvania Brag Day's Stock Exchange Dallimore Ohio Pitteburg Baltimore Washington Gas Co Brooklyn Rapid Transtabe Pullman Palace Cer Ind. Ca Canadian Pacific Central of New Jersey Snc Central i Anacostia and Potomar Fs City and Suburban Chesapeake and Chia Republic Steel I Columbia Railroad Chicago Great Western Ai Republic Steel Northwestern Rork Island Co Chicago Rock Island Co Prt Metropolitan Railroad Mil St. Taul Washington Trans San F. Ad West Louis St. Louis Louis Southwestern Potamae Q Steel Folk End Washington Steantert Colorado Fuel Southern Pacific I - Chesapeake and Potomac Colorado and Southern Washington Market Co Nto Southern Railway Tevas and Pacific Dex Washington Town Uwlectric Com Toledo St Louisan West Wag Pelaware and Hudson Sr L Norfolk and Washington Breamboat Aj Lory Pelaware, Lark and West Union Pact Hess Denver and Rio Grande Union Pacific Bell Telephone of Denver Rio Oade United States Express Acy Distillers’ Securitie United States Realty Aa States Ay Ay Sy Erie Lanston United States Tay Greene-Cananea United Steel Ecourle Utah Ray Mitchell Mining Great Northern International 2A Ag Columbia Wells-Fargo Expres Westinghouse Electric Farmera and Met Western Union Big Lin Ain Wheeling Lake Erie Iowa Wisconsin Kansas Aia Wisconsin Central National People's Columpia Graphophone Security Storage Co Washington Market New Yar Mar Athan Guy Ma Baltimore Shin Ely Rapid Transit National Bank Hiotes Georgia Central of Georgia Treasury Chicago and Alton Burlington and Quincy Tactic Railroad BRT and Pacific Railroad Col. Ca G Co Louis General Toardo National Book Notes Colorado Midland Colorado Suns Cuba Erte General Sin Phlippine Treasury Hocking Walter Japan TTL Louisville Manhattan Consol New York Central General New Jersey Central General Northern Pacific Gregon Iron Mountain Congo San Francisco Kan Seaboard Air Line Bay Texas and Pacific Louis and Western Union Paelae United States Steel Western Maryland Wheeling and

Decline in Prices Drags Down Major Stocks and Rails

The markets fell broadly with heavy declines in Bris stocks and Erie shares. Erie common dropped from 13 to 13, first preferred from 33 to 24, second from 22 to 17. Pennsylvania rail earnings showed large cuts, underscoring efforts by leading railroad systems to curb operating expenses amid a general price drop.

Kent Marina Tremer Eria Erie Eristount TISES Pennsylvania Pittsboro

New York Money Market and Farm Prices Across Markets

Credit balances and shipments reported for Oil City and nearby, money on call advances in New York with rates and bills, followed by beef, veal, sheep, and hog receipts and prices. Chicago and Baltimore market notes detail cattle, hogs, and poultry prices, while Wheat, corn, oats, and futures activity show declines and cautious demand across major exchanges. indicators point to softer grain prices and steady to firm meat values.

New York Eacy Prime Mercantile Sterling Exchange Mar State Pennsylvania City South America Rio No Santos No Cordova

Traders weigh Erie prospects amid coal strike rumors

In New York eager traders focus on the Erie Railroad amid reports of coal region disruptions and financing hurdles. Analysts note Erie’s strong suburban freight and passenger base, but warn that fuel shortages could constrain operations and profits, influencing broader market sentiment.

Erle The Erie New York Central Pennsylvania Lines Lackawanna Eric

New York Cotton Market Steady with Day’s Net Rise

The rotten market closed steady with a net advance of 6 to 9 points. Daily sales reached about 175,000 bales as the market opened up 1 to 4 points and later fluctuated. Southern spot markets were unchanged to slightly higher, while temperate Southern weather and larger Southwest acreage tempered long buying. July showed strength over May, but demand concerns and hedging fears limited gains before a late easing. In Washington cattle, markets listed for CATTLE hogs sheep lambs calves and cows with price ranges per hundredweight across categories.

New York Chicago Marsi Kansas Minneapolis Quinth May Shorts Ati tNew Mar Liverpool Manchester Washington Cattle Market

Ruling Affirms Federal Jurisdiction Over Missouri Rail Rates

Judge Smith McPherson in Kansas City holds federal courts have full jurisdiction over Missouri 2-cent passenger fare and minimum freight rate cases. The decision upholds railroads’ challenge to state enforcement, allowing review of whether fixed rates are remunerative. Frank Hagerman, attorney for the railroads, noted unknown next steps.

Hadley United States McPherson Kansas City Mar Smith McPherson Missouri Frank Hagerman Railoads

Waiters Open Fine Club in New York City

Special to The Washington gta reports the International Geneva Association waiters club opening at 143 West Forty-fourth Street. A $20,000 remodel created a four story brownstone with a cafe and restaurant in the basement. The club hosts a library music room and assembly hall on the main floor and will have lunches for guests and suppers for hotel and restaurant employers to fund sick benefit efforts. Local and London markets on metals and grains are also noted with mixed activity. Obituary notes Jesse Morrison a former scout known as Jimmy Morrigan died by his own actions in Reno Oklahoma, 1843 birth in Orange County, N y.

Washington Gta New York West Forty-fourth Street International Geneva Association Waiters’ Club of Club Row Fifth Avenue Broadway Harvard Yale Alpha Delta Phi City The Lambs Association

North German Lloyd Excursion to Far North

North German Lloyd opens a cruise on the Grosser Kurfuerst to the Northland Iceland Spitzbergen and Norway. The ship offers wide decks electric lighting single rooms suites and elaborate dining. Trips begin June 27 from Bremen returning July 25 with stops for shore excursions.

Lloyd Northland Irceland Spitzbergen Norway New York Plymouth Bourg Bremen Falia

Court will hear Jackson in Hamilton Bank case

Grand jury results in the Hamilton Bank inquiry will not reach Governor Hughes or the legislature until Jackson is heard. Judge Foster denied delaying action and refused to expunge the grand jury request. Nathan Vidaver faces two indictments for attempted extortion of former Hamilton Bank president William Montgomery, with Vidaver held on five thousand dollars cash bail.

New York Mar. &L Willam Jackson Hamilton Bank Nathan Vidaver William R. Montgomery Vidaver

Gillette Brain Deemed Normal by Jefferson Doctor

At Auburn New York grave service for Chester Gillette, executed for Grace Brown murder, drew observers despite secrecy. Dr E A Spitzk of Jefferson Medical College testified Gillette's brain was thoroughly normal with a heavy weight and normal measurements. The burial at Sole Cemetery followed a sermon by Rev Henry McIlravy as Gillette’s family sang three hymns.

Philadelphia Chester E. Gillette E. A. Spitzk Jefferson Medical College Grace Brown Fig Moose Lake Gillette Chester Gillette Auburn WN. Y Sole Henry Mcllravy Toy

Cleaning House in Ohio

Gov Harris asks the Ohio assembly for immediate, thorough and impartial investigations of every state office, department, board, and institution. He urges passage under suspension of the rules of a bill creating a commission of respected state figures, balanced by party, appointed by the governor with senate approval.

Columbus Ohio Harris Ohio Assembly Senate

Three Children Die In Fire In Wilkes Barre Area

In Hughestown near Wilkes Barre Pennsylvania on March 1 three Jematis children Joseph Mary and John were burned alive in a home fire. The mother had locked doors while she shopped and neighbors failed to enter as flames engulfed downstairs rooms. The bodies were removed as the mother fainted and the father had died weeks earlier.

Washington Post Wilkesbarra Joseph Mary John Jematis Hughestown

Morse Solvent in Bankruptcy Case Proceeding

Judge Holt sustains Morse demurrer to bankruptcy petition filed March 13 but grants ten days to amend. Morse argues that petitioning creditors Hanna Pringle and Shotwell have no provable claims and that he did not induce them to buy or sell National Bank of North America stock.

Messrs. Pringle Shotwell National Bank of North America

Also Mentioned on This Page

Pennsylvania Railroad Ierundon Paris Wall Streets Logal Financial Washington Stock Exchange United States Treasury Curb Market Boston AHL Chacera American Steel Boston Copper Ita Butte Coalition uUmberland E Goldfield Gne-Cananea Mueil Mining Nevada Nevada-Utah Nipiasiog Mines Washington Railway and Electic Beaton and Albany Fitchburg New Haven Hartford Tews Wal Dominion Iron and Steel Win Edison Electricium General Electric Massachusetts Electric Low Ss. New Massachusetts Gas United Shoe Machine Atlantic Bingham Utah Oil City Lima Indiana Post Virginia West Virginia Southwest Virginia North Carolina Epinach Baldwin Florida Loury—Ensster Chicago Grain Mdig Galveson Savannah Wilmington Norfolk Augusta Memphis Great- Britain Continent Great Britain France Mexico Ria Ie Roerttg Samy Cat Erie Railroad Sprader Wall Street Nited States Steel Fine Club Metal Market London Cleveland Els Els 31%d. the Local Market Was Unchanged, With No. 1 Foundry Northern Southern Salt NEW York Grain Duluth COURT Grand ‘Jury Family Cleaning House Gov. Harris Mother Blaze Charles W. Morse Europe International Banking Corporation G St Uptown Conn. Ave Downtown Center Market D.C. Real Estate Heiskell & McLeran Hestreet Fenancial Citizens’ Equitable Building Association of Georgetown, D. C M St Thos. Brown Edgar Frisby Chas. P. Williams H.C. Kelbinschmidt U. S. Treasury Home Savings Bank 7Th and Mass. Ave N. W H Sts 7Th Sts. W Hensey Co F Street Napoleon Frank Napoleon Arthur Cowsill Jn Colorada U. S. Marine Marracke Riggs Jssues Pa. Ave S. H. Clarke Member Consolidated Stock Exchange of New York Ouray A. G. Jenkins Fairfax St Alexandria Alex Ralph W. Lee G Street Hyattsville Building Association Hyatteville Waters Walter A. Brown Maryland Real Estate Title Co Commercial Bank
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