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This newspaper page contains 10 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Apr 07, 1910
Page
9
The New York stock session shows gains as speculators anticipate rate moves and a $5,000,000 export engagement. Traders note weakness in iron and steel, with grain trade softening. Buying to cover persists amid mixed signals, while export orders and futures pressure influence prices.
The New York Stock Market report transmitted by WB Hibee and Co covers the day's activity on Wednesday April 6 1910. It notes bankers and exchange houses in Chicago and New York involved in trading and price movements. The summary reflects a snapshot of early 20th century financial activity and market tone.
The market opened 91 and closed 91 on Washington Railway and Electric preferred shares amid light trader interest. Commercial National Bank saw some shares rise, while Norfolk and Washington stock remained weak. A new through service between Washington and Annapolis was announced, and Western Maryland Railroad completed double tracking between Mount Hope and Mount Wilson. Louisville and Nashville reports a strong year with 1909-10 gross income projected to exceed 1907 records. Cotton prices fell about 681 per bale, easing costs for the Consolidated Cotton Duck Co, while cotton material costs for 1909 rose sharply in late 1909.
A dense financial snapshot shows activity on the New York Bond Market and Washington Stock Exchange with widespread listings across rails and utilities. The report highlights corporate bonds from Chicago and Philadelphia firms, rail and electric utilities, and notes shifting values in bonds tied to major issuers and regional exchanges.
Daily market notes show firmer money on call bids with rates around 3 percent and varied loan terms. Sterling exchanges and government bonds trend easy, while copper and steel show mixed activity. stock futures rise on late day strength amid renewed buying.
The Washington Post notes steel common stocks buoyed market strength in morning trading with gains near 1/4 day and a stronger close. Pacific Coast equities rose on dividend boosts, while grain and commodity markets show weakness signaling potential broader liquidation. Wage demands spread from railroads to large industrials, with American Sugar refining wages rising and six day weeks discussed for mills to boost productivity.
An investment promise claiming absolute safety of principal freedom from future liability punctual and regular interest payments and the ability to realize principal on demand as a safe eight percent investment.
The Washington produce market reports wholesale pricing for dozens of items including butter, turkeys, geese, poultry, cattle, fruits, and vegetables. Prices are given per pound, per crate, or per dozen with noted variations by product and quality, reflecting current supply conditions and regional availability.
A scrambled OCR field lists several commodity receipts and prices in New York on April 6 including meat, cereals, oils, and dairy items. It references beans, cornmeal, lard, sugar, cottonseed oil, potatoes, wheat and tender notes on navigation options and market movements. Prices appear volatile with mentions of May and July contracts and general weakness in wheat. The piece mixes scattered figures, market terms, and terse annotations.
New York April 6 market briefs show mixed cattle hog and sheep receipts with steady to strong tone for steers and calves. A District Court of Appeals action sets aside a $617,000 judgment against John Barton Miller in a Georgetown building association case, naming William Ambrose as receiver.
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