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This newspaper page contains 14 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Apr 20, 1910
Page
9
The Washington Post notes inertia in the junk market with prices drifting and slight rallies. Gold for export grows with no immediate impact on financial conditions in New York as steel and cotton markets show mixed activity and late afternoon weakness.
Turbulent Wall Street trading in cotton and bull pool actions raises questions about legality. Brokers and bear and bull houses argue over stock movements, with speculation that dissolution proceedings may be pursued and that two or three firms could combine to push prices. Experts note Steel stock remains favored by traders while wider market dynamics hint at protective moves amid uncertain bids and potential liquidation.
New York stock market activity shows Amieticam Security and True stock rising to 238 amid high paper value. Baltimore and Ohio shops at Mount Clare may set April record with 3,200 workers and extensive locomotive repairs. Industry reports indicate heavy overtime to meet demand.
A dense ledger style dispatch lists treasury figures and commodity prices. It includes Amalgamated Copper, American Sugar, American Tobacco pfd, Am Steel Foundries, and several railroads with bid and price data. The piece also notes bank hours for the Potomac Savings Bank and market activity across grains, meats, and industrials, with varied quotations and updates from exchanges.
Washington banking interests back retail merchants as they prepare to form a mutual benefit association. The group aims to monitor credit conditions of thousands of customers and share information with bankers who may have concerns about debt paying reliability.
The April bond market summary shows deficits and redemptions totals, with treasury notes and national bank notes listed and gold and silver values noted. Copper futures in New York and London are reported with arrivals, exports, and prices, alongside cattle receipts and meat market quotations from New York and Chicago.
The report details April oil quotations with money markets at 2% ruling rate, closing bids at 29.5 percent, and offerings around 25 percent. It notes dull trading, references 60 and 0 day bills, and lists merchant paper rates, bankers balances, and various bond prices including Balboa bonds and domestic city notes.
Daily market notes show a firm overall tone with what appears to be limited price pressure. Listings cover fruits vegetables dairy meat and produce items with varying quality grades and regional references such as Virginia Tennessee and West Virginia.
Fragmented OCR notes describe York cotton activity with April mentions and mixed sentiment toward government intervention. Authorities’ cautious approach and private wires from the South indicate market nerves, while bids and prices show tentative steadiness amid uncertain policy signals.
Readings recount a Sioux medicine dance in a lodge circle with a central pole and two faced image, detailing the brutal trials for warriors and youths. Dancers endure hours of exertion with no food or water, and the medicine man applies symbols and water to revive quitters.
Milwaukee mayoral race ends with socialist mayor Erol Seidel taking office supported by two council allies. He urges a municipal cost keeping system and bureau of municipal research to map social and economic conditions, set fair taxes, and expose hidden costs in all city departments.
A government printing office prepared census forms before the program began on April 1. A letter from E Dana Durand to Secretary Nagel, forwarded to President Taft, details 7 requisitions for up to 32 million circulars and 100 million population cards. Some forms printed in Spanish for Porto Rico. one order issued the President's proclamation in two foreign languages.
Attorney General opinion holds that trusts must be underbid by other bidders for Panama Canal construction materials. Secretary of War ignores unlawful-trust adjudication by sourcing materials from the lowest responsible bidder. Oil purchase looming near two million dollars. rail and shipment notes follow with market data and receipts.
The body of Harry Labarge, elevator conductor at the New Willard Hotel, found dead in his room at 8 Twelfth Street Northwest, will be buried in Cohoes, New York. Detectives report he neglected to turn off the gas jet before retiring, triggering the presumed cause of death.
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