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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Apr 28, 1905

Page

9

Brisk Drop in Stocks Keen on Foreign Selloff

Wall Street opened in a fearful mood as foreign houses intensified selling amid London bearishness and a May wheat collapse. Buckling under rumors about Milwaukee bank and Missouri Pacific's decline, stocks across Pennsylvania, Baltimore and Ohio, and Chicago Milwaukee and St. Paul fell sharply, with Amalgamated Copper and United States Steel also sliding.

Washington Post New York Pennsylvania Baltimore Ohio Norfolk and Western Chesapeake and Ohio Northwestern Union Pacific Great Northern Preferred Chicago Milwaukee St. Paul Northern Pacific Northern Securities Atlantic Coast Line Lawsville Nashville New York Central Missouri Pacific Amalgamated Copper Brooklyn Rapid Transit United States Steel Common United States Steel Boston Philadelphia London Milwaukee Bank Uon Muwadkee Bank Millwhukee Bank Hising Beem Isu Merc Mussouri Pacific Missouri Gould System of Railroads Urian Pacifiic Nainroad Gould Paritie Board Vbe Louisville Atlantic Coast

Wall Street Bear Party Faces Market Woes and Gould Stocks

A strong bear faction grips the market amid heavy liquidation and rapid price breaks. Traders cite waning public support, rising short interest, and influential insiders selling as Union Pacific and United States Steel drop, while Missouri Pacific faces a trader boycott and Gould securities hang in a fragile market.

Market summary with rates and commodities from New York April 27

Money on call 2% 3% with closing bid 2% Time loans steady to 3% for 60 to 180 days Prime mercantile paper 4% Sterling exchange firm with bills around 4.8650 demand and 4.8400 sixty-day. Government bonds steady. Eggs receipts heavy with Virginia and Southern types around 16% duck eggs 12% Butter prices varied with many grades from 15 to 38 cents. Government bonds and railroads listed with many issues shown, various 4s, 5s, and consols. Continuous tone of market activity across commodities and securities.

New York Adams Hapress Amalgamated Cappe Am Car and Foundry Antar and Foundry American Express Ug Atchison Atavy Atchison Atlantic Coast Line Baltimore and Ohio Brooklyn Rapa Transit Ag Gaz Canadian Pacific Central of New Jersey Chesapeake and Onto Chicago Alton i Consolidated Gas Delaware and Hudson del Lack and Western Aye Denver Rio Grande den Rio Grande BS Distillers Securities Erie Hacking Valley Hlaots Central International Paper Pfa Siew Ny Prime Mercantile Sterling Exchange Virginia Southern Western

Livestock Market Wraps Across New York and Chicago

Receipts in New York total 594 cattle 237 calves 615 sheep and lambs and 1 874 hogs with prices showing weakness for calves and lambs while hogs ease. Chicago cattle 3 000 hogs 24 000 and sheep 15 00 with steadier to lower cattle and sharply lower hogs and steady sheep slight declines noted. Fourteenth Street Item cal Read the Four sak columns in The Post tomorrow.

New York Chicago Fourteenth Street the Post

Mergenthaler stock surge tops Washington market day

The trading day featured a strong rise in Mergenthaler Linotype stock from 196 to 202 on purchases of 300 shares, led by a principal buyer shown to be a large local holder. Lanston Monotype and Union Trust activity was mixed, with notable sales and urgent calls to buy, as brokers priced offerings and a constitutional seat expansion was approved at 7500 dollars per seat. The annual Lanston Monotype report cited profits up 100 percent and plans to build machines in company shops, while Washington Railway and Gas stocks showed weaker activity and limited trading overall.

Union Pacific Southern Pacific United States Steel Commission House London Waldorf Louisville Nashville Atlantic Coast Gould Party Wabash B Wabash B Bonds Wabash Abash Securities Cyrus J. Lawrence Ramsey Mr. Lawrence Gould Mergenthalier Boston Lanston Union Trust American Security and Trust Washington Railway Hume Augustus Crane, Esq W. B. Gurley Mergenthaler Mergenthaler Company Monoline Lanston Monotynpe Company Treasury Washington Railway and Electric Union Trust Company Washington Gat Mergenthaler Linotype Washington Stock Exchange District of Columbia Philippine Land Purchase Capital Traction Railroad Metropolitan Railroad Columbia Anacostia and Potomac Washington Gas Company United W. B. Hibps & Co Bankers and Brokers F Street New York Stock Exchange Chicago Board of Trade Chicago Liverpool America May Minneapolis United States Shorts Nori Dakota Duluth May Holdings Potomac Guarantee Loan CO N. W. Atlantic Building Rootms American Loan GCO Building and Loan Association Flan Zoana Rational Mortgage Loan Company

Washington and Potomac debt securities and local stocks

A report lists debentures and certificates of indebtedness for United States Electric Light and Chesapeake and Potomac Telephone along with Washington Market and Potomac Light assets. It includes Washington safe deposits, banks, insurance stocks, railroad and gas stocks, and a wide array of listed securities with price ranges and ex-dividend notes. Open high low close figures from the market show mixed activity across bonds and equities with Chicago and New York exchanges noted.

Tates Electric Light United States Electric Light Chesapeake and Potomac Telephone Washington Market Company First$s Potomac Electric Light First Safe Deposit and Truat Srecks Washington Loan and Tram American Security Ed Trust Washington Safe Deposit Union Trust Company Washington Savings Bank Home Savings Bank Capital Traction Washington Railway and Electric National Bank Commercial Washington Metropolitan Citizens Central Farmers and Mechanics Columbia Capital American Lincoln Riggs Franklin Metropolitan Corcoran Potomacc Arlington National Union People’s Colonial Columbia Title Chesapeake and Potomac Georgetown Mergenthaler Linotype Lanston Monotype Greene Consolidated Copper Washington Market Norfolk and Washington Steamboat Realty

New York Grain Prices and Wheat Decline Sparks Market Drop

New York April 27 Rye and Barley dull Wheat futures fall as bears press prices. May wheat 90 92, July 89 1/2, Sept 83 4 3/4. Corn declines on weak abroad and weather hopes, May 50 1/2, July 51 3/4. Oats and barley mixed futures with spot No 2 values and afloat bids noted.

New York Manitoba Orn Spot East

Baltimore Markets April 27 Grain and commodity report

Baltimore markets report quiet with 2 920 barrels flour exports 4 024. Wheat steady down at 92 to 83 cents spot and futures across months. Corn steady with July 50 percent, September 61. Oats Easter No 2 white 16 to 25 cents. Butter firm with fancy types 27 to 28 and creamery 1 92. Eggs steady 16 cents. Sugar strong 6 25 to 6 25. Grain freights steady.

Baltimore

Also Mentioned on This Page

Wall Street New York Stock Market Missouri Pacifio Equitable Life Affair American Tobacco TIM American Tobacco Atchison General Ds Atchison Adjustment Central of Georgia Central of Georgia 1St Inc Chicago and Alton Burlington and Quincy R. I Pacific R. R R. 1 Fort Worth Denver City Hocking Valley Japan Northern Pacific Northern Facile Oregon Reeding General St. Louis and Iron Mo St. Louis San Francisco Western Maryland Wheeling and Lake Erie Wisconsin Central International Pump International EuaPe Pro Town Central Fowa Central Ptd Kansas City Southern Kansas City Southern Ptd Louisville and Manhattan Metropolitan Securities Metropolitan Street Qi Mexican Central al Minn St Louis Nat R. R Mexico Pia Mg North American Pacfic Mall People’s Gas Pitts , c. G St L Rock Island Co Rock Island Co. Pta St I Louis Southwestern Southern Paciie St. Louis Southwest Southern Pactifie Pt TK Thyonthern Railway Bouthern Railway Tennessee Coal and Iroi Texan and Pacific Bt. T. and Westen St. L and West Ptd Union Pacfic Union Pacific pta_ Boo Deitea States Expreva United States Leather United States Leather Pta United States Rubber Ek Btaten Steel Wisconsin Central Ba Wisconsin Central Ptd Jaane W. B. Hibbs & Co F' Street China Board of Trade Washington Stock9 Exchange Er U Ies Sag Se Registerei U. New Ds Local Financial Chicago Grain NEW York Grain Havenner & Kennedy Stock, Grain and Provision Company Wall St Loring Sth G Sts Washington Safe Deposit Co PA. Ave Merchants’ ‘Transfer & Storage CO E Street N. W Hamburg Biemen Fire Insurance Company Hamburg Germany Depeast Capital Foo Danager Jos C Maneely New York County Pac Ng China Union Trust CO Ist Redmond & CO. Bankers Chestnut ST Redmond & CO W.b.hibbs & CO F. H. Smith Co Swartzell, Rheem & Mensey Co Warner Building Corporation Riggs Iek" PA. Ave Opposith U. &, Treasury the National Safe Deposit, Savings and Trust 15Th &T New Tork Ave Ets Ioana Heiskell & McLeran Sunday Post H. O Moore & Hill Mute Street American Express Co Traders National Bank J. A Ws Nler Miller & Company Broadway New Orleans NEW York Coffee Exchange Y York Cotton Exchange N. W U. S Union Savings Bank Bond 4Th N.Y. Ave Dies’ Department Chesley& Spence Colorado Wade & Hedces M. J. Sage & Co N.Y Atlantic Arthur Wall Lynn, Wall & Co Adams Building John W Melrose Mel 1St Cliftes Street B. Bates Ashingion Eocs and ‘Trust Talephona Equitable Co-Operative Building Association Equitable John Joy Edson Ellis Spear Veo W. Casilear Frank P,reeside Commercial National Bank Washington Loan & Trust Co 9Th F Sts Real Cstate John A Swope Andrew Parker Harry G Wee Boyd Taylor Thomas Bradley Upward Co Planas Privaty Ryvery Loain Pala Joan Wardnr Metropolitan Loan and Trust Co E Street Mutual Loan & Trust Co F St. N. W Alexandria Falls Riverdale National Langdon, Ment Co Internal Capital Loan Co FN. W Tolman
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