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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

9

Erie notes plan spurs early stock gains in dull market

In New York trading April 1 the stock market rose briefly as word spread that the Erie Railroad would issue 15.9 million dollars of collateralized short term notes under restrictions. Traders expected existing Erie notes to be exchanged for the new issue, easing debt pressures though doubts remained on feasibility and timing.

Washington Post New York Erie Hallroad Company We Stock Exchange Public Service Commission The Erie Unm Eria

New York Money Market Rates and Rates Summary

New York money markets on April 1 show call money easy at 1 1/4 to 1 1/2 percent with a closing bid at 1 1/2 percent. Time loans steady for 60 days at 3 percent, 90 days at about 3 1/2 percent, and six months near 4 percent. Sterling exchange stable with bank rates around 4.86 for sight and 4.84 for fifty day bills. Commercial paper around 4 1/2 percent. government bonds steady. railroad bonds uneven.

New York Prime Mercantile Sterling Exchange Banker Wille

Baltimore Markets Report April 1 with Mixed Wheat and Steady Butter

Baltimore markets report dull and unchanged flour with receipts of 3 708 exports 150. Wheat firmer spot contract values and various futures shown. Corn and oats mix trends with steady to up prices noted. Rye hay butter eggs cheese sugar all listed as unchanged or steady amid trade and receipts data.

Baltimore Red Western Southern Mass Glyaras

Market Notes and Erie Negotiations Amid Volatile Trading

The Erie deal moves toward public service commission approval for 15000 new notes to settle maturing 5 million accounts and retire floating debt. Traders signal mixed sentiment as dividend cuts, market leader Colorado Fuel, and upcoming April 10 weather and crop reports shape outlook amid cautious optimism and brokerage activity.

Washington Market Prices and Fresh Produce Rundown

Wholesale quotes from Washington market show firm butter demand heavy despite shorter receipts. Dressed poultry and meats steady with good demand. eggs, vegetables, and fruits list wide ranges from Virginia, West Virginia, North Carolina, and California sources.

Fggs Virginia West Virginia Southwest Virginia North Carolina Delry Emand Early York Gills Sons.t. Sweets Granges Florida Coper California

New York Cotton and Livestock Prices Across Markets

The report records mixed prices for cattle hogs sheep and lambs with ranges for cattle and hogs across categories. It also covers New York April tin and lead markets, London quotes, and a closing note on cotton futures and a local sale. The piece ends with a promotion urging readers to buy The Post’s upcoming educational contest editions and souvenir pictures.

Post the Post The

Financial Market Quietly Holds Amid Mixed Bond, Stock Action

Trading showed limited demand with Washington Railway and Electric bonds advancing to 77 half and a 78 bid floor. Washington Gas and indebtedness notes traded near par while Capital Traction held firm near 118 Loonston and Metropolitan Bank fetched 235. Money market eased with first class collateral rates at 5 percent and commercial paper at 4 and 6 percent, brokers securing loans at 4 12 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 Washington Railways and Electricas Theer Loinston

YORK PRODUCE AND GRAIN MARKETS REPORTS

Market notes list flour receipts at 90 766 barrels and exports 30 barrels, with firm rye flour, steady cuts of Western meats at 8.50 to 8.60 and pork around 14.00 to 16.00, and general steady tones for sugar molasses coffee and rice. Wheat receipts 32 000 bushels, exports 48 282, No 1 red 1.09 elevator, May around 1.01 and July about 0.96, with corn oats and rye also showing mixed but steady readings amid weather and supply cues.

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

Chicago Grain Market Sees Mixed Day With Wheat Rally

Chicago May wheat closed near day highs amid a late rally as shorts and commission houses pushed prices up. Corn traded tight with a late rally, oats followed wheat, and provisions fluctuated before finishing modestly higher amid profit taking and cooler weather expectations for the winter wheat belt. Local receipts showed wheat and flour at 196000 bushels with primary receipts at 429000, while corn and oats activity reflected light demand and favorable Southwest crop prospects.

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

Public Debt Rises Despite Cash Reserves

The March 31 1908 public debt shows total debt at 1,322,020,527 with an nine month deficit of 35.6 million and a March deficit of 8.59 million. Receipts totaled 14.62 million while expenditures reached 69.2 million. Customs receipts fell to 21.14 million and internal revenue dropped to 19.04 million. Cash in Treasury stood at 412.4 million against 1.4189 billion in outstanding demand obligations. Mint coinage for March reached 20.75 million with gold at 19.67 million and silver at 0.84 million.

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 Trenver Rio Granda Dist Liter Securities Philippine Treasury Hocking Valley Interborough-Metropailian Japan Louleville Nashville Manhattan Consol Minneapolis St. Louis Missouri Kansas Texas Ueretia Texan National Railroad of Mexico New York Central General New Jersey Central General Northern Pacific Norfolk and Western St Louis San Francisco Southwestern Con Seaboard Air Line Southern Pacific Southern Pacific Ist Southern Railway Texas and Pacific Tatedo St. Louis and Western Union Pacific Say Union Pacific Convertibia United States Steel Western Maryland Wheeling and Lake Erie Wisconsin Central Philippine Internal Revenue

Atchison Dividends Cut Amid Market Caution

New York reports the Atchison, Topeka and Santa Fe Railway declares a semiannual dividend of 2 1 2 percent on common stock, down 1 2 of 1 percent from six months prior, with chairman Victor Morawetz citing dependence on the business situation. The text notes some business improvement and uncertainty about how long the 4 percent common stock rate will stay in effect. International Paper Company also declares a quarterly 1 percent dividend on preferred stock, a decrease from the prior quarter.

Pennsylvania Tinsk Tsland United States Steel Corporation Veseria It Corporation Hothemn Die Tan Iron Age True Trade Review Atchison New York Atchison, Topeka and Santa Fe Railway Company Victor Morawetz The Otis International Paper Company

Railroad Men Idle Across Major Lines

Chicago April 1 report shows seventeen leading railroads covering about a third of US mileage employ 13 percent fewer workers than June 1907. Idle workers total around 46 000 in October, with estimates suggesting about 345 000 idle nationwide.

Chicago United States

No Contracts on Canal Highlighting Labor Relations

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

Isthmian Canal Commission

New Sun Spots Observed at Marquette Observatory

Rev. Father McGeary, astronomy professor at Marquette University in Milwaukee reports three new sun spots seen today with a university telescope. Two spots measure about 8,000 miles across, large enough to drop the earth into if aligned with the sun.

Milwaukee Father McGeary Marquette University

Soothing sirup deaths shock St Paul babies

Twin babies, a boy and a girl, children of Mr and Mrs C M Ackerrecht, died today in St Paul from soothing sirup poisoning. Parents reported giving five drops. The coroner investigates. Vidaver pleads not guilty to two indictments in New York.

St. Paul C.M. Ackerrecht

Chancellor Day Upheld by New York Conference

The 109th session of the New York Methodist Episcopal conference dismissed charges against Chancellor Day of Syracuse University, ruling the complaint as an attack on free speech and press. Rev. George A. Cooke had accused Day of defaming President Roosevelt. the conference’s unanimous action hailed the dismissal amid applause.

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 in Fire Leaps to Death in New York Fire

Lena Isabella, eighteen, daughter of Vincenzo Isabella of Lynn Massachusetts, died from fire injuries after leaping from a fourth story window in her uncle Frank Tsabella's East Forty sixth street apartment during a lamp explosion. Her sister Ethel was burned, and Vincenzo escaped with burning clothes but was not seriously hurt.

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 Curb Market New -York Aston Wit Heston and Matue TM Esse Fitchburg 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 Colorado Fuel Ron Lions-Sheield Steel Colorado and Southern Southern Pacifi ADU Sy LL Southern Ist Caln 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 W. B. Wibbs & Co New York Stock Exchange Chicago Board of True Washington Stock Exchange Washington Produce Market Washington Cattle Market Metal Market Cowper Speiler Standard Foundry Cleveland Northern Southern Soft Galveston New Orleans Mobile Ayer Savannah Charleston Wilmington Norfa Philatelph P't Townsent Mu Houster Great Britain France Continent Mexico Logal Financial Altigen St Washington ‘Railway 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 Phage Hernard Ore Charles Cremer Samuel EL. H.R. Howenstein 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 Hyattsville Building Association Heiseell & McLeran
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