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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Apr 14, 1905

Page

2

Market Surges on Iron Steel Prosperity and Northern Securities

The Washington Post reports a strong stock market day driven by unprecedented iron and steel prosperity and anticipation of Northern Securities asset distribution. Heavily traded Great Northern stock and a possible 100 percent dividend are cited along with improved bank reserves, foreign money inflows, and rising exports and wheat futures amid cautious profit taking.

Market Roundup of Government Bonds and Finances

Washington and national bond listings show diverse government and corporate issues trading at varied prices. Railroads Washington Railway and Electric and Capital Traction appear with multiple bonds and preferreds, alongside Columbia Railroad and Metropolitan lines, while New York and national securities provide extensive quotes and closing bid figures for a broad mix of stocks and bonds.

Wall Street Gossip Signals Reserve Buy Power In Rally

Special to The Washington Post from New York reports a visible reserve buying power fueling the bull market. Speculators dominate heavy buying in leaders like Amalgamated Copper, American Smelting, Reading, Union Pacific, and Steel. Profit-taking and reduced lines by large houses describe a market under pressure with mixed signals and rising discounting of future gains.

Washington Post New York Wall Street Illinois Central Union Pacific Amalgamated Copper American Smelting and Refining Common Reading Steel

Local market shows strength in railway and copper stocks

The Washington Railway Company and Greene Copper led gains in a mixed session. Trading featured many small lots, with urgent buying lifting preferred stock while common shares held steady. bonds traded briskly as agents bought and sold across lines, and Norfolk and Washington Steam Boat Company moved to fund new boats and stock issuance.

Washington Railway Company Greene Copper Norfolk and Washington Steamboat Company Alexandria W. B. Hibbs

Dushels and market summary of grains and oats

Market notes show wheat futures firm with May and July positions lifting while option activity dull. Oats receipts reach 120,000 bushels with mixed varieties. fresh reports cite drought and rains affecting winter wheat in Nebraska and Fort Worth areas. Cotton in New York trades quiet with slight declines on near months, late-day steadying.

Cotton Letter Reports Mixed Liverpool Cotton Market

The Liverpool market saw higher spars sales at the expense of values while futures edged down about two points. Weather expectations for the cotton belt initially pushed prices lower, but heavy rains in the Atlantic States and additional rain anticipated in the West pressured planters. Short covering helped recover some losses, with New Orleans spot prices reported at full quotations, suggesting spots holding last quoted levels from two weeks prior.

New York Liverpool Atlantic States Texas New Orleans

Live Stock Markets Report From New York and Chicago

Live stock markets show varied activity with New York receipts 92 head cattle steady and calves quiet but steady, sheep and lambs weak, hogs steady to lower. Chicago listing receipts 12,000 cattle steady to slightly lower, 25,000 hogs lower, 20,000 sheep with dull demand. Major prices include good to prime steers 6.00 6.85, hogs 5.55 6.85, lambs around 4.00 5.08.

New York Tve Lée Lower Chicago Jie Fate

New York Grain Market Report and Prices

New York April 13 barley slow wheat receipts 4000 bushels spot firm No 2 red 1.08 percent nominal elevator No 2 red 1.10 percent nominal f o afloat No 1 Northern Duluth liv fob afloat No 1 hard Manitoba 101 percent fo b afloat Wheat market firm all day despite bear report and Chicago selling Shorts bought freely on higher Northwest markets crop damage news close 4 to 1 percent higher May 1.04 1.10 closed 1.08 percent July 824 933 16 closed 99 percent September 87 Corn receipts 138675 bushels exports 52004 Pleasant Duty. “When I knew anything worthy of recommendation I tell it” says Rev James Murdock of Hamburg Pa Dr Anew’s Catarrhal Powder cured catarrh five years first spray benefited me in five minutes. PF G Affieck 1429 Pa avenue

W. B. Hibbs & Co New York Stock Exchange Washington Stock Exchange Chicago Board of Trade Chicago Fort Worth Fust Minneapolis Duluth Inc F Street New York Texas Areo Wall Street New Orleana Liv Fo.b Manitoba James Murdock Hamburg Aenew PF. G. Affieck Pa. Avenue

Also Mentioned on This Page

Stock Exchange Northern Securities Company Great Northern Great Northern Railway Company Union Pacific Railway Company Doube Brealer Vane London Tom Loven Mons Bank of Bhrghmls Sterling Exchange Agai Gcomptromiser United States Erie United States Stovl St. Paul Baltimore and Oliw American Smelting The New York Stock Market Amercan Lotion UK Smeling Anaconda Mining Aviante Coast Line Ant Brekiya Repd Traast Central of Colorado Southern Cole Aim Consolidated Gas Delaware and Hudson Det Lack and Western Erbee Denver and Rio Grande Rio Grands Distillers Securitie Washington Railway and Electricas Columbia Railroad Gs Washington Gas, A Potomac Electric Lights Capital Traction Washington Railway and Electric, Preferred Washington Railway and Electric Comman Erle General Electric Hocking Valley Anois Central International Paper U.S New Town Central U. 5 Old És Ows Central Pfd Kansas City Southern Ah Eee Ice Washington Loan and ‘Trust Kansas City Atchison Adjustment Atlantic Coast Line Baltimore and Ohio Central of Georgia Central of Georgia Iat Inc Central of Georgia 24 Inc Out Colorado Midland Presnead Steel Colorado and Southern da Cuba Pullman Palace Rio Grandada Distillers’ Securities Fa Erie Prior Kenda Gai Erie General Republic Steel Hacking Valley Rock Island Co Japan Louisville and Nashville Unified Rubber Goods Manhattan Consol Mexican Central És St. L San F Mexican Central 1St Inc St. Louis Southwestern Minn St. Louisia Southwestern Missouri, Kansas and Southern Paci Missouri, Kansas and Texas Southern Pacific National Railroad of Mexico Consol Southern Hallway New York Central General Southern Railway New Jersey Central General Tennessee Coal and Iron Northern Pacific Texas and Pacific Northern Pacifi Norfolk and Western Consol Pennsylvania Union Pacific Pia Igo Reading General du United States Expres St Louis Iron Mountain Consol United States Leather San Francisco St. Louie Southwestern Con United States Realty Semboard Air Line United States Rubber Southern Pacific Ds United States Steel Toledo Utlan Pacific Ds Va -Gar Chemical Pfd Walon Pacific Wabash Wabash Pd Wabeah Tats Wells-Fargo Express Wabash Debenture Wealinghouse Electric Western Maryland Western Union Wheeling and Lake Brin Washington Market Wnorgéolk Wheeling and Lake Erie Wisconsin Central Washington Steamboat Tone, Agency Company Mettean Central Sc Louis Kane and Tex Pta Nath T Leadase At & R. of Mexico New York Central Lanston Monotype Washington Railway and Electric, Common United States Electric Light District of Columbia Capital Traction ‘Railroad Metropolitan Railroad Metropoltan Railroad Columbia Raijlroad Columbia Railroad City and Suburban Railroad Anacostia and Potomac Washington 4 Railway and Electric Washington Gas Company United States Electric Light Chesapeake Potomac Telephone Washington Market Company Potomac Safe Deposit and Trusts National Safe Deposit and Trust Washington Loan American Security and Trust Washington Safe Deposit Union Trust’ Company Washington Savings Bank Home Savings Bank Ington Railway and Electric National Bank Hank of Cen Tral Farmers and Mechanics Columbia Capital American Lincoln Higgs UTM Firemen’s Franklin Metropolitan Corcoran Lington National Union People’s Colonial Jumbia Washington Gas Georgetown Greene Consolidated Co Fetreet Prime Mercantile Bucklen Tom Lst Tacoma Seattle Westinghouse Tailer, Robinson & Co Edward & Co Lipper & Co E. L. Manson & Co E. Meyer, Jr United States Steel Preferred American Locomotive Heath Greene Lanston Mergenthaler American National Washington Loan and Trust Union Trust Dushels Stevator Grosa Galveston Mobile Savannah Charleston Wilmington Norfolk Baltimore Dullai Boston Flouston Steady Augusta Memphis J. Louis Cincinnati Louisville Ain Continent Stock Great Britain France Stock —Exchange Commercial National Bank 14Th G Streets Merchants’ Transfer & Storage Co E Street N. W Equitable Co-Operative Building Association Equitable John Joy Edson Ellis Spear Geo. W. Casilear Prank Primeside Griffin Halstead & Co N. W New York Consolidated Stock Exchange J. Miller & Company Broadway NEW York Coffee Exchange NEW York Produce Exchange NEW York Cotton Exchange NEW Orleans Cotton Exchange John V. Barross Miller A. P. Miller Havenner & Kennedy Stow Grain and Proton Company Loring U. S Ces Equitable Building Association of Georgetown D.C Lewis Johnson & Co Bankers Moore & Schley Swartzell, Rheem & Hensey Co Warner Building Moore & Hill Etendantee Corner TH ST New York Ave B. P. Shyder St. N Bonds & Go., Ww M. J. Sage & Co R. Lappin Seventh St. N. W Cor Stoges Ladies’ Department Cnesley & Spence Arthur Wall Lynn, Wall & Co Adams Building Wade & Hedde N.Y F. H. Smith Co Logne Imventmenta Insurance N. Y. Ave Bond Bldg Washington Loan & Trust Co Urbigk Corner Eth Stb JOHN JOY _EDSON John A. Swope Blue Spear Andrew Parker Asalatant Sernatiov Banking John W. Frank Melraus Ee Clirhan Street Malphi Phons Merth NEW York Grain American Express Co Traders National Bank J. E. Bates Bite Aeington Safe Deposit Rented Boxes Comptroller of Currency National Riggs Bank PA Ave Treasury Union Savings Bank, Bond Bldg 14Th and N.Y. Ave Proba Mutual Loan & Trust Co St. A. W Kary St Race Potomac Guarantee Loan CO Seace Eo Paneer Aremoval Joana Iterust Capital Loan Co Washington Mortgage Loan CO Giof N. W Elvery Warder Metropolitan Loan and Trust E Street Ivan Nw National Loan and Investment Co. Ne Sta Qusk Servie Ree Fay Arite Amrican Loan Co Building and Loan Association Plan Nana Pai Mom Wational Mortcoage Loan Company Fat
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