Stocks Jump as Union Pacific Leads Market Rally
New York April 28 stock market rose with broad volume and notable strength in Union Pacific and related rail group. St Paul and Hill stocks also advanced while metal industries lagged early before late gains. Market drifted to dullness midday and closed with strong undertone. unfilled orders for the steel firm fell and the corporation faced questions about dividend stability amid mixed earnings and spending controls.
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New York
Seles
Union Pactic
Union Pacific
St. Paul
Wall Street Gossip on Union Pacific and Market Rumors
Special to The Washington Post from New York on April 28 reports bulls cautiously optimistic about Union Pacific reaching 145 within ten days, amid rising volume and talk of news behind further gains. Analysts discuss possible bond purchases, holding company formations, dividend prospects, and earnings to come.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Union Pacific
Local Bond Shore Up As Investors Push Prices On Exchange
Inquiries on bonds yesterday on the Stock Exchange stiffened the asking price. Buyers persisted and about 37,00 Capital Traction tea reached a limit of 1101-2. Washington F Railway and Electric 45 changed hands at 307-8, highest notch in months. Columbia bid 104, with 105 offered for Gas Certificates of Indebtedness. Gas rose to 653-4 on 125 shares, led by Capital Traction to 1201-2, boosting Washington Railway and Electric preferred. About 400 shares traded in the latter stock. National Savings and Trust ex-dividend at 191, Union Trust at 113, Merchants and Mechanics' Savings Bank bidders to 126. Lower money rates spur interest in bank and trust stocks. Lanston 26 shares traded, with bidders offering 81-8 for 2,500 shares.
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National Savings and Trust
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Salee—Traction
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Washington Railway and Electric Com
Washington Railway and Electric Preferred
Atta
Alli
Sik
Washington Gas
Bat Coh
Vanston
Call Union Trust
Stden
Konsea City
Konsea City Southern Pfd. 88%] 55 55%, Washington Railway and Electric
Boh
Lanisylla and
Rasbottle. S Os
Uarcand Foundry
Faebe
Arad Sauls
Minteapalis
St. Bld
M. Slop
Sault
Ind
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West
Washington Bay
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jVirginia-Carolina Chem
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Ago
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Washington Stock Exchange Prices And Market Report 1908
Wholesale price quotations from April 28 1908 cover eggs butter cheese live poultry dressed poultry meats vegetables and fruits with varied regional notes. Prices for eggs butter and dairy reflect supply demand while poultry and meat markets show steady or light activity and abundant regional items such as potatoes beets cabbage and tomatoes.
New York Bond Market and Baltimore Grain Prices
In Baltimore on April 28 commodity tables show flour steady at records, wheat firmer, corn strong with spot and futures quoted, oats steady, rice firm, rye firm, hay stable, grain freights flat, butter and eggs holding, sugar unchanged. London tin and copper markets eased with local prices falling. copper and tin futures cited. Lake, electrolytic, and casting metals quoted in New York and London markets.
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New York
London
New York Money Market and Livestock Prices Report
Money on call ease 1 2 percent, time loans firmer yet dull, mercantile paper 4 1 2 percent. Sterling and commercial bills quoted, domestic and foreign exchange mixed. Cattle hogs sheep lambs calves and cows listed with price ranges for fresh and common stock, reflecting market activity across New York.
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New York
Prime Mercantile
Sterling Exchange
New York Produce Prices and Market Report
New York April 38 Poultry dressed week old turkeys 12 17 fowls 12 1 2d Butter steady receipts 8125 Cheese fancy unchanged eggs weak 42227 state PA near by fancy white 18 36 good to choice 17 18 brown mixed extra 16 17 fresh gathered storage packed 17 1 Flour receipts 14161 barrels exports 3833 barrels steady rye flour firm cornmeal firm hay firm hides quiet leather quiet wool steady beef steady lard firm Western 8 15 8785 refined steady pork irregular family 16 50 17 60 short clear 10 17 00 mess 14 50 15 50 tallow quiet cottonseed oil easy prime crude 0 38 5 do yellow 41 petroleum steady rosin quiet attained common to good 0 3 88 turpentine easy 46 rice stead molasses firm sugar raw firm fair refining 3 98 centrifigal 96 test 4 4 8 molasses auger 2 73 refined steady coffee firm mild quiet Cordova 9 4 17 freight unchanged peanuts unchanged potatoes weak Bermuda 4 00 7 00 Florida 4 state western bulk per 180 pounds 2 37 2 European per 180 pound bag 2 00 62 20 Jersey sweets per basket 1 002 50 cabbages weak southern per first 1 100 1 35 new per barrel
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New York Grain Market Reports Weak Wheat on Easy Cables
New York and Chicago trading notes show wheat slipping on favorable weather forecasts and liquidation. May futures near 2.05 to 2.07, while corn and oats exhibit mixed moves with selling pressure in wheat weighing on grains overall. Primary receipts modest, world supply down, and hog prices underpinning pork products.
New York Cotton Market Slips to New Low Records
The New York cotton market opened weak and fell to new low ground as trading volume reached about 275,000 bales. May traded around 8.03 to 8.08, with July and later months dropping against heavy Southern selling. Cables denied short-time rumors but trade chatter noted some improvement, while local hull support weakened.
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New York
May
Germany
Live Stock Markets Report from New York and Chicago
Livestock totals and price directions across cattle calves sheep lambs and hogs. New York receipts 294 cattle 509 calves 884 sheep and lambs with varying quotes. hogs 2406 head firm at 6.09 to 6.15 for state and Pennsylvania hogs. Chicago cattle receipts estimated for the day.
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