Erie Deal Aids Erie Stock Rally in Market
The Erie Railroad narrowly escaped bankruptcy, easing investors' worries as short term notes are to be paid in cash. Stocks across the field rose with Missouri Pacific and Southern Railway gaining, while Brooklyn Rapid Transit benefited from anti racing legislation defeat.
New York Money Market Report From April
New York money market shows easy money conditions with bid and offered rates around 14 to 24 percent. Short term loans, mercantile paper, and sterling exchange quoted with various yields. government and railroad bonds remain steady amid broad market activity.
MENTIONED IN THIS ARTICLE
New York
Exchanth Armei
London and New York Metals and Oil Prices Mixed
The London tin market rose with spot at £144 10s and futures £143 while copper fell in London. local prices showed weakness but limited changes. Lead and zinc held steady or modestly changed. US oil balances for Toledo and Lima regions posted varied barrels and averages.
MENTIONED IN THIS ARTICLE
New York
London
Iran
Standard Foundry
Cleveland
Foundry Northern
Foundry Southern
Foundry Southern Soft
OW Chu
Ann
Toledo
Ohio
North
Lima
Indiana
Wall Street Gossips on Erie and Major Rail Finances
The Washington Biz notes premium quotes on Tile Aiken Inotes as safe new securities and the Erie dispute settlement clears paths for Union Pacific and Illinois Central financing. Union Pacific plans a mortgage on unincumbered millage, with a possible 40 to 50 million bond issue. Harriman and Vanderbilt interests are linked to Erie stock, observed in daily travel by Harriman. Third Avenue surges, Interborough Metropolitan bonds rise, and Brooklyn Rapid Transit gains amid reduced transfer rights and racing-bill outcomes. The market shows limited borrowing and a swift close with notable gains in several active issues.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Wall Street
Erie Railroad
Erle
Erie
Erie RailPlead Company
Avery
Union Pacfic Railroad Company
Ilinois
Elfh. Harriman
Frre
Harriman
Dar
Missouri Pacific and Southern Railway
Third Avenue Railroad
Brooklyn Rapid
United States
United States Steel Corporation
Gary
Washington “Biz
Union Pacific
Illinois Central
Mr. Harriman
St Arden
Missouri Pacific
Pearlns
Third Avenue
Interborough
Salea
Adama Xpress
Kansas City Southern Prata
Amalgamated Capp
Jau
BEY
Loulavils
Naechvtle
Amer. Ca
Foundry
Amer. Cer and Ferry
Mexican Central
Minneapolis
St. Louis
Amer
St. PL
SS M
St. P
S. M
Express
Hide and Leath
Missouri
Kans
Texas
America Securities
National Lead
Nat. R. R. of
Mexico
New York Central
Ontario and Western
Norfolk and Western
Orfolke
Western
Sugar Refining
Northern Pacific
Anaconda Mining
Cope
Pacific Mall
Atchinona Tom
Pennsylvania
Atlantic Coast Line
Pittsburg
C. A
St. LT
Baltimore and Ohio
Brookin Transit
Canadian Pacific
New Jersey
Republic Steel
Chesapeake and Ghia
Republic
Chicago Great Western
Bae
Chicago
Northwestern
Watk
Sland
Mil
St Paul
Louis Southwestern
South
Southern Railway
Colorada
Nid
Consolidated Gay
Lara
Tevan and
Pacific Asyg
Ato Corn Products
Tae
Tateda
Wlas
Toledo
St. GL
W. Pfd
Delaware
Ipaay
Tnion Pacific
West
Denver
Rio Grande
United States Express
Distillers
Sibyl Rumgl Blaytoo
United States Steel
Bang
States Steel
General Electric
Utah Coone
Great Northern
Virginiae
Caroling Chem
Certrad
Va -Carolina
Iana
International Paper
Wabash
International Fae
Wells- Fargo
Wealinghouse Electric Ra
Iterborough- Metropolitan
Western Union
Interborough-Me
Wheeline
Lake Eriz
Icgi Tawa Central
Wisconsin Central
Ifawa Central
Wicemai Central
Kansas City Southern
W. B. Hibbs & Co
F Street
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
Local Financial Market Report Highlights Tractions and Bank Listings
The market shows gains in Railway and Electric shares with Metropolitan trading around 107. Capital Traction stays around 119 amid steady demand for gas and certificate bonds. Gifty and unrelated Capil Trac tion notes hold near 28 1 2 and 121 respectively. National Savings stock jumps to 193 on light volume. National City Bank trades at 135 as the day’s notable bank move.
MENTIONED IN THIS ARTICLE
Washington Railway
Washington Railway and Electric Common
Washington Railway and Electric
Mergentheler
National Savings and Trust
Calt
National City Bank
Metropolitan Railway Se
Mergenthater
Washington Railway and
Electria Common
T Fsbe
Stock Exchange
Ask Gas
Washington Gas Company
Washington Gas Co
Ind
Capital Traction Railroad
Anacostia and Potomac A ST
Columbia Railroad
Ind Mort
Metropolitan Railroad
Washington BR
Klee
TAN
BON Potomac Electric Light
Norfolk and Wash
Steamboat
Chesapeake and Potoma
Washington Market Co
Trainian
Washington Gas
Georgetown Gas
Bellsiephane
Pennsylvania
Mergenthaler Linotype
Itzy Lanston Monotype
Greene-Canania
Mitchell Mining Company
National Bank
American Me
Capital
National
Columbia
Lincoln
Washington
Prist Company
American Security and Trust
Union Trust Company
Washington Loan and Tru
United States Trust Company
Avings Bank
Home Savings Bank
Merchants and Mee
Tenion Savings
Tifle
Graphophone
TS Security Storage Company
Washington Market
Feington Railway
Eectric
Capitel Traction
National Savings and Trust Company
Washington Market Prices Show Mixed Wholesale Quotes
Wholesale egg prices firm with moderate supply in Virginia and surrounding regions. Butter receipts short but demand heavy. dairy prices varied from creamery to process. Poultry and dressed meats firm with steady demand, while vegetables show dull market activity. apples, oranges, grapefruit, and cranberries listed with assorted barrel and box prices.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
North Carolia
Early York
Epinach
T. Sweets
Spye
York Imperials
Florida
California
Commodities and Wheat Market Report from New York April
New York markets show mixed commodity prices with wheat under pressure after bearish crop and weather news. Wheat receipts 15,000 bushels, soybeans and corn steady to lower. corn 2.76 elevator and 604 f. o. b. after white. oats and rye firm. coffee and sugar fluctuating amid steady to firm readings.
MENTIONED IN THIS ARTICLE
New York
Duluth
Chicago Grain Market Declines Amid Southwest Crop Optimism
Chicago wheat prices fell sharply on April 9 as favorable southwest crop outlooks offset gains from elevator buying earlier. May delivery slid to near 92,000, while July and September weakened on positive crop prospects. Corn and oats weakened late after initial strength, with May corn fluctuating and prices easing. Local receipts and distant deliveries influenced shifts, with provisions weak and lard and ribs mostly steady to lower. Estimated tomorrow’s receipts include wheat and corn, with hogs at about 18,000 head.
MENTIONED IN THIS ARTICLE
Chicago
Ecauas
Minneapolis
Duluth
May
New York Cotton Ends Day With Mild Downturn
After hitting new season highs, New York cotton rallied in the afternoon to close about 2.8 points lower. Trade estimated at 300,000 bales with mixed private South reports on spot conditions and steady to weaker early tones amid liquidation and weather, acreage, and banking rumors.
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New York
Mississippi
London
Southwest
Wall Street
Live Stock Markets in New York and Chicago on April 9
Livestock reports show mixed demand with cattle steady to strong in Chicago and hogs weak to higher, while New York notes steady to nominal prices for beef and weak sheep markets. Buffalo lambs sold around 7.75 to 7.86, with various receipts reported for cattle, hogs, and sheep across the markets.
MENTIONED IN THIS ARTICLE
New York
Beeves
Luieat
Liverpool
London
Chicago
Wales
Washington Market Prices For Cattle Hogs Sheep And More
Market report lists cattle per cwt prices 4.75 5.00 for butcher and 4.00 4.60 per ewt with ordinary 2.10 3.00. Hogs per cwt gross 4.25 4.50, ordinary per ewt 3.50 3.76. Sheep cupped 4.00 4.50, common 2.60. Lambs spring choice per pound 16, medium 13 11. Calves prime per pound 7 14 4, medium 7 7, common 6 14 6. Cows prime fresh per each 40.00 50.00, common per each 20.00 49.38.
Baltimore Markets Reported Dull Prices on Grains and Butter
Baltimore markets April 9 show dull receipts for flour and corn with mixed spot and contract prices. Oats and rye are steady to dull, hay unchanged, grain freights quiet, and dairy items like butter and cheese hold firm with modest variations.
MENTIONED IN THIS ARTICLE
Baltimore
Iutr
Standard Oil Rockefeller tie Norfolk and Southern expansion
News from Norfolk Virginia reports that Standard Oil and Rockefeller interests have become financially linked with the Norfolk and Southern Railway. Plans for development, including a bridge over Albemarle Sound, will proceed. May bond interest is funded and receivership avoided due to relief from New York trust company troubles.
MENTIONED IN THIS ARTICLE
Washington Post
Norfolk, Va
Standard Oil
Rockefeller
Norfolk and Southern Railway
North Carolina
Albemarle Sound
Norfolk and Southern
Trust Company of North America
Knickerbocker Trust Company
New York
Plans for New Residences in West Woodridge Subdivision
Speiden and Speiden architects prepared plans for two dwellings in West Woodridge. D C Cloyes Fletcher will build a two story brick foundation frame house on Twenty Fourth Street with a rambling roof and four supporting columns. Julius KH Durand will erect a six room frame dwelling with a tower bay window and hot water heat in the same subdivision. Boss and Phelps sold 326 Eleventh Street Northeast to Luther W Miller for Thomas Gleason, a seven room and bath house to be occupied by Miller. Stone and Fairfax reported sale of a two story brick dwelling at 928 French Street Northwest for W H Deshields to a buyer who will occupy. They also sold a new two story six room colonial at 2316 Ontario Road Northwest for Michael J Keane to a purchaser who will occupy.
MENTIONED IN THIS ARTICLE
West Woodridge
Speiden & Speiden
D. C
Julius KH. Durand
Boss & Phelps
Luther W. Miller
Thomas W. Gleason
Suit for 30 Million Ends in Summary Ruling
New York April 9 Judge Holt in the United States Circuit Court dismissed the suit brought by the Pennsylvania Sugar Refining Company to recover penalties of 30 million dollars from the American Sugar Refining Company for alleged conspiracy to ruin the Pennsylvania firm. The suit, under the Sherman act, sought redress for minority stockholders alleging destruction of the Pennsylvania company to advance other interests. Frank K. Hipple of Philadelphia, former controller, had died by his own hand after business ventures failed.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania Sugar Refining Company
Amerian Sugar Refining Company
Pennsylvania Company
Holt
United States Circuit Court
Frank K. Hipple
Philadelphia
American Sugar Refining Company
Pennsylvania
Lanston Monotype Company Finds Debts Paid Off At Meeting
At the Alexandria Virginia annual meeting a large majority of stockholders were present. The president and treasurer reported that after paying the last dividend all assets were used to settle obligations from establishing the plant. Only 187000 remains to be paid. Last year’s business nearly matched 1906 despite no new contracts with the Government Printing Office. At the new fiscal year 140000 in unfilled contracts are on the books. No dividend is expected this month.
MENTIONED IN THIS ARTICLE
Lanston Monotype Company
Alexandria
Government Printing Office
Harriman May Get Erie Under Absolute Control
New York April 9 Wall street reports say after E H Harriman provided 5 5 million for maturing notes the Erie road will soon be under Harriman and associates absolute control. They may spend 30 to 40 million on improvements to build a complete transcontinental system with Erie as the eastern outlet. Harriman will take 5 million of the new notes to meet immediate needs.
MENTIONED IN THIS ARTICLE
New York
E. H. Harriman
Wall Street
Erie
Harriman
Bank in St. Louis Closes, Olive Street Bank Fails
The Olive Street Bank at Garrison avenue and Olive street in St. Louis, capital of 1000000 and deposits of 350000, was closed today with R M Cook, state bank examiner, in charge. Organized December 1, 1902, it earlier absorbed the Van Deventer Bank in 1905. Cook warned that bad loans would nearly wipe out the bank’s capital and surplus. Officers include Pinckney French as president Jesse French as vice president and FE T French as cashier.
MENTIONED IN THIS ARTICLE
St. Louis
Olive Street Bank
Garrison Avenue
Olive Street
R. M. Cook
State Bank Examiner
Ta m
Vandeventer Bank
Pinckney French
Jesse French
FE. T. French
Hood's Sarsaparilla Promises Appetite Recovery
An advertisement extols Hood’s Sarsaparilla as a tonic to restore appetite and improve digestion. It claims the product strengthens the stomach, perfects digestion, and makes eating enjoyable, with thousands using it for spring loss of appetite.
MENTIONED IN THIS ARTICLE
Hood
Steel Prices To Stay Up, Gary Says No Reductions Planned
New York April 9. F H Gary chairman of United States Steel Corp states no reductions in steel prices are contemplated. He warns against price instability and notes manufacturers and purchasers will maintain orderly, deliberate consideration if price changes are raised in the coming months.
MENTIONED IN THIS ARTICLE
New York
F. H. Gary
United States Steel Corporation
Gary
Destro
Threat to Kill Children In Divorce Claim
In a Buffalo divorce suit, millionaire Henry J. Fierce testified his wife threatened to kill their seven children if he did not abandon control of their education and training. He claimed to be president of multiple street railway companies serving Buffalo. He also said the Nether lands Tramway Company owns railways in Wolland. Since separation, he has provided his wife with 1250 dollars monthly. Mrs. Pierce, living in Yonkers, N. C., remains in St. Louis with the seven children and two maids.
MENTIONED IN THIS ARTICLE
Washington Post
St. Louie
Henry J. Fierce
Buffalo
Pierce
Vielnite
Netherlands Tramway Company
New York
Wolland
Yonkers, N. C
St. Louis
Sleepwalking Passenger Survives Wet Plunge Into Tracks
In Cincinnati on April 9, Mr Rice, a Pullman car passenger, walked in his sleep and fell into sixty feet of water as the train stopped in the McLean avenue yards. He swam to shore, found land, and reached his car unharmed. He reported no ill effects from the incident.
MENTIONED IN THIS ARTICLE
Washington Pass
Cincinnati
Ohio
Mr. Rice
McLean Avenue
Minister Tells Fortunes in Pittsburgh Court Case
Rev. Dr. George H. Brooks pastor of First Spiritualistic Church in Pittsburgh was found guilty in Criminal Court of fortune telling. Witnesses testified that he charged $1 to reveal past present and future and advised a 19 year old girl to leave home and earn a living by her personal magnetism.
MENTIONED IN THIS ARTICLE
Washington Post
Pittsburg
George H. Brooks
Brooks
Catherine Hughes
Wedding party poisoned at Talbot ice cream reception
Danville Indiana April 9 wedding of Miss Ruby Jewell and John Wallace at Talbot ended with the bridegroom and bride's parents Mr and Mrs Frank Jewell and a dozen guests poisoned after eating ice cream at the wedding supper. Doctors report serious but non fatal condition and expected recovery for all.
MENTIONED IN THIS ARTICLE
Danville
Ruby Jewell
John Wallace
Talbot
Ind
Frank Jewell
Cunard Line Reports Profitable Year and Dividend Hint
Liverpool April 9 The Cunard Steam Ship Company reports a prosperous year after depreciation and reserving 500000 for new ship write offs. Directors recommend a dividend of 6 percent and a carry forward of 545000 against 0 9 last year.
MENTIONED IN THIS ARTICLE
Cunard Line
Liverpool
Cunard Steamship Company
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