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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Apr 02, 1908

Page

17

Erie notes approval boosts Erie stock market outlook

The Washington Post reports New York trading on April 1 showing gains in Erie Railroad shares after the Public Service Commission approved a collateralized short term note issue of 15.9 million dollars. Traders anticipated exchange of old notes for new, easing debt pressures, but uncertainty about the plan’s effectiveness lingered. Wall Street ended the day with prices near or below the day’s highs, while rail earnings and broader steel market results showed mixed signals amid miner strikes and coal supply concerns.

Washington Post New York Erie Hallroad Company We Stock Exchange Public Service Commission The Erie Unm Eria Pennsylvania Tinsk Tsland United States Steel Corporation Veseria It Corporation Hothemn Die Tan Iron Age True Trade Review Atchison

New York Money Market Report April 1

New York money market shows call rates at 11 4402 percent and ruling rate near 1 1/2 percent. Time loans steady with sixty days at 3 percent and ninety days around 3 1/4 percent. Sterling exchange firm with bid figures around 4.86 and 4.84 for fifty day bills. Government bonds steady and railroad bonds irregular.

New York Prime Mercantile Sterling Exchange Banker Wille

Baltimore Markets Report from April First

Baltimore March 1 markets show dull wheat and uneventful flour with steady butter and eggs. Corn and oats sit mixed with small daily receipts. sugar and cheese hold firm while grain freights drift downward and fertilizer notes appear sparse.

Erie seeks 15000 new notes to refinance debt

The Erie company petitions the public service commission for authority to issue 15000 in new notes and retire floating debt on its property while planning repayment at maturity of a 5 million account. Market reaction shows mixed signals with dividend cuts and doubts about long term earnings.

Washington Market Prices Showcase Broad Fresh Produce Range

Wholesale prices reported for Virginia and nearby regions show steady butter demand and ample poultry with strong dressed meat prices. Vegetables list includes potatoes, cabbage, peppers, beans, spinach, and lettuce with varied per unit costs. fruits feature apples, grapes, and cranberries with boxed variations.

New York Cotton and Commodities Market Report

New York prices show cotton advances with a late rally and steady close after a sharp start, aided by higher cables and stronger demand in the interior. Weak English tin and precious metals expanded the day’s mixed action as local markets held dull or modest gains across several items.

New York Tredera

Financial market report shows bond firmness and stock moves

Washington Railway and Electric bonds led gains with prices rising to 26 for limited trading and 77 1/2 on offers while Washington Gas and certificates of indebtedness traded near 99 and 103. Capital Tractions held steady as Mergenthaler slipped to 195 and Metropolitan Bank traded around 235. Second National rose to 14 with offers firm at 15. Local money market eased with 5 percent on first class collateral and mercantile paper at 4 1/2 to 6 percent. some brokers secured loans at 4 1/2 percent.

Capital Traction Washington Railway and Electric Preferred Ar Ft Mergenthaler Lanston National AD Metropolitan Bank Washington Gas Uay's Stock Exchange Asxaz Washington Gas No Washington Gas UN Cert Ind Anacostia and Palomas Ag. A City and Suburban Columbia Railroad Mort Bonde Potomac Electric Light Norfolk and Washington Steamboat Evapcake and Potomac Telephone Washington Market Co. Bs Public Utility stoOcks Capital Washington Railway and Electric Com Washington Railway and Electric Washington Gag Bell Telephone of Pennsylvania Mergenthaler Linotype Lanston Altigen St Washington ‘Railway Washington Railways and Electricas Theer Loinston Phage Hernard Ore Charles Cremer Samuel EL. H.R. Howenstein Hyattsville Building Association Heiseell & McLeran

YORK PRODUCE PRICES AND GRAIN SUMMARY

Market notes for YORK PRODUCE et al show flour receipts at 90 766 barrels with exports 30 barrels. rye flour dull. meats steady with Western prices 8 50 to 8 60. pork 14.00 to 17.00. rice firm. molasses steady. sugar raw fair refining. coffee steady. cocoa steady. rice and potatoes steady. wheat receipts 32 000 bushels exports 48 282. May 1.00 1 01. oats mixed. rye dull. corn exports 3 570 pockets. oats 41 009 bushels.

Western Rio Santos Cordova New York Duluth Geeves Liverpool London Chicago Choica Ugat

Chicago Grain Market Sees Mixed Day with Wheat Rally Ends Higher

Chicago April 7 reports a volatile session as a cold wave spurred late buying. May wheat rose to highs while corn and oats followed a weaker early tone. Provisions slipped then recovered, with near-term receipts and price swings reflecting a nervous market and tight supply concerns.

Chicago Shorts Commission Alos Pte Minneapolis Tulath Locef Jongy Mar May Astros AG

Public Debt Rises as Receipts Fall in March 1908

Monthly debt report shows total debt at 1,322,020,527 with cash on hand 412,403,196 and a March deficit of 8,594,364. Customs and internal revenue receipts dropped from March 1907 levels, while civil, military, and pension expenditures rose sharply. Mint coinage for March 1908 totaled 20,745,213 with gold dominating the output.

New York Nego Ison Atlantic Coast Lines Hallimore Air Ohio Baitimera Ohio National Bank Central Treasury Way Georgia Te Mentral of Ist Inc Central of Georgia Chesapeake Haea Ib.bgr Chicago Chicago, Burtington and Quine New United States R and Fpfic Railroad Pacific Railroad Ie Te Fs St Ot Louis General Colorado Industrial Colorado Minland Colorado Cuba General Fund Rio Granda Dist Liter Securities Philippine Brie General Hocking Valley Interborough-Metropailian Japan Louleville Nashville Manhattan Consol Minneapolis St. Louis Missouri Kansas Texas Northern Pacific Norfolk and Western Internal Revenue

Atchison Dividend Cut and Company Dividend Declared

The Atchison Topeka and Santa Fe Railway trims its semiannual common stock dividend to 21 2 percent from 23 2 percent. Chairman Victor Morawetz cites uncertain conditions and possible changes ahead. International Paper declares a quarterly 1 percent dividend on preferred stock, down from the prior quarter.

New York Atchison, Topeka and Santa Fe Railway Company Victor Morawetz The Atchison Otis International Paper Company

Railroad Men Idle Amid Industrial Slowdown

Chicago reports that seventeen major railroads covering about one third of U S mileage show a 13 percent drop in total employees since June 1907. About 46 000 fewer men were employed in October, leaving an estimated 345 000 idle workers across the system.

Chicago United States

No Contracts On Canal Highlight Labor Relations Policy

A letter from Isthmian Canal Commission chair to a foreign government official states no formal contract is made with laborers when hired. It also notes if a worker is an agitator causing discontent, the commission may terminate employment without promise of continued work.

Isthmian Canal Commission

New Sun Spots Reported At Marquette University

Rev Father McGeary of Marquette University reports three new sun spots seen in Milwaukee through a university telescope. Two spots measure about 8,000 miles across, large enough to drop the earth into.

Milwaukee Father McGeary Marquette University

Soothing Sirup Poisoning Kills Twin Babies in St Paul

Twin babies, a boy and a girl, children of Mr. and Mrs. C.M. Ackerrecht, died after given five drops of soothing sirup. The coroner investigates. In New York, Nathan Vidaver, once a deputy, pleads not guilty to two indictments.

St. Paul C.M. Ackerrecht

Chancellor Day Upheld by New York Conference

The New York Methodist Episcopal conference opens its 109th session with charges against Chancellor Day of Syracuse University dismissed as a free speech issue. Bishop Moore rules the accusations out of court amid applause, and similar defamation charges against other church figures are also dismissed.

New York Chancellor Day Syracse University George A. Cooke Brandon David H. Moore Roosevelt Day Moore States Senate Borden P. Bowne Boston University James M. Brekley Christian Advocate Mr. Cooke Vroy

Girl Dies After Fire Jump From Ny Fourth Story Window

Lena Isabella eighteen daughter of Vincenzo Isabella from Lynn Massachusetts dies from burns and a fall after a lamp explosion set fire to her clothing. Lena leaps from a fourth story window as sister Ethel tries to help. Father Vincenzo barely escapes with burns as flames are extinguished.

New York Lena Isabella Vincenzo Isabella Lynn Mass East Forty-sixth Street Vincenzo Tsabella Lena Ethel Frank Tsabella Vincenzo Ile

Also Mentioned on This Page

Efrchive Thia Tomiarpaw Hejed Eye Beitte Erio Mattar Camanany Selie Wallstree Counirs yanacHon Chicago Rail General Managers’ Association Boston United States Treasury Baltimore Curb Market Red Western Southern Glyaras New -York Aston Wit Heston and Matue TM Esse Fitchburg Union Pacific American Arge American Trdacco Eadleon Electric General Bieztric Butte Magsarburetes Ima Chicago Subway Sansec Goldfelders Greene-Camenea North Butte Nevada Atlantico Bay Utah Nipissing Abaya Bie United Copper Saverages Yukon North Lima Washington Railway and’ Electric-pfd Tuly Imade Rome Aull Cronte New York Stock Market Adams Express Kanzas City Amalgamated Copper Louisville and nNaLe Mexican Centra An. Car and Foundry Loula Cotton Minneapol and St. x M. Bt. P Banlt Ste Kans Tex Bate Netional R. R Mex New York Central Ontario West Orto Stern A Rugar Refining Orth American Anaconda Mining Pacific Marines Atchison Prd People’s Gas Pittsburg St. 66 Onto Jets Reading 1St PLC Central Leather Central of New Jersey Shesapgahe Republic Steel Great Western Tim Fon Hook Island Co Northwestern Ue Rock Island Co San F Chicago T Southwestern St Louis Colorado Fuel Ron Lions-Sheield Steel Colorado and Southern Southern Pacifi Southern Pacific ADU Sy LL Southern Ist Southern Railway Caln Texas and Pacific Vorn Produria Refining Pt Fe i Louis Delaware and Hudson Jg Peeayjist Toledo W. Pla Delaware, Lack, and Werthata Cyton Pacific Denver and Rio Grande Union Pacific Ptt Bexpreea Too Erie States Steel Bilectrie General Ezihinen OFS ORY SBS Great Nethern Virginia-Carolina Chemical Interborough- Metropolitan Virginia-Carolina Chem Wabash Bae Wella-Fargo Express Westinghouse Electri Ang‘ International A Western Union International Pump Pt Nwaentral Wheeling Wisconsin Central W. B. Wibbs & Co New York Stock Exchange Chicago Board of True Washington Stock Exchange Washington Produce Market Fggs Virginia West Virginia Southwest Virginia North Carolina Delry Emand Early York Gills Sons.t. Sweets Granges Florida Coper California Washington Cattle Market Metal Market Cowper Speiler Standard Foundry Cleveland Northern Southern Soft Post the Post Galveston New Orleans Mobile Ayer Savannah Charleston Wilmington Norfa Philatelph P't Townsent Mu Houster Great Britain France Continent Mexico Logal Financial Second National York Produce NEW York Grain Chicago Grain Customs and ‘Internal Revenue Marquette Astronomist Washington Railway & Electric Co W. B. Hibbs & CO St. N. W Chicago Board of Trade Capital Profis National Savings & Trust Company 15Th St New York Ave Norfolk & Southern R. R. Co Lawrence Barnum & CO Bankers F St. N.W Washington, D.C Philadelphia Insurance BR Peoria Pala Tresember Columbia KE Company Agena Father Citizens’ Equitable Building Association of Georgetown, D.c M St Thos. Brown Edgar Frisby Cras P. Williams H.C. Keeinschmidt U. S. Treasury Home Savings Bank 7Th and Mass, Ave. N. W 7Th and H Sts. N.E 7Th St §. W Riggs Bank Pa. Ave Napoleon Nev Arthur Cowsill Ana Omenw U. & Marine Barracks Sth Columatta Indigtawoals Hensey Co S.t. Clarke Member Consolidated Stock Exchange of New York Ouray A. G. Jenkins 106 & Fairfax &J Alexandria, VA Alex Ralph W. Lee G Street N. W
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