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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Apr 29, 1908

Page

9

Stocks Rally Wide With Union Pacific Leading Market

New York April 28 stock market rose with high volume as Union Pacific led gains and carried Transcontinental peers higher. St Paul and Hill group shares joined the advance while metal stocks lagged early then rose. unfilled orders for the Steel Corp dropped and its earnings for the quarter fell short of prior figures.

Transcontinental Railway Group Steel Corporation New York Seles Union Pactic Union Pacific St. Paul Wascae Querber Mentis’ Messter Corporation Cecniirter Orp al Je Steel Corporapeeopercas Imes Lin Srna Reading Lackawanna United States Steel Pittsburg

Wall Street Gossip on Union Pacific Outlook and Market Activity

Special to The Washington Post from New York on April 28 describes bulls targeting Union Pacific moving toward 145 within ten days, despite potential market reactions. Intimated news ranging from bond offerings to a holding company and full 10 percent dividends is discussed, with strong volume and widespread speculation across rail and steel stocks and bear-bull dynamics.

Washington Post New York Union Pacific

Market rally in bonds and rail stocks broadens on exchanges

Inquiries for bonds yesterday strengthened the bid as buyers held firm, with Capital Traction leading gains toward 120 and Washington Railway and Electric trading up to 307-8. Gas Certificates rose to 103 bid with a high sale around 653-4 on 125 shares, while National Savings and Trust paid ex dividend at 191. Union Trust touched 113 and Merchants and Mechanics Savings Bank offered up to 126 as money rates ease. Lanston drew notable broker interest with bids at 81-8 for 2,500 shares.

Mobile Alabama Mobile Bay United States Mobile Harbor Messrs. Dillon & Hubbard New York City Stock Exchange Washington F Railway and Electric Columbia Capital Traction Washington Railway Filectre National Savings and Trust Union Trust Savings Bank Bank and Trust Company Lanston Salee—Traction Washington Railway and Mectric 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 AD Bonds Missouri Kansas Texas Te Securities Kans Tex Capital Traction &S Lot Anacostia and Fotanae Columbia Railroad Ae. Pees Mex Pia New York Central Ontario Metropolitan Railroad Mtsoc Washington Ry Jentria Crea Age Western Cay Woo Ams Smelt and Refng Pfa Ortolic and Western Ptd Autort American Potomac Electric Lighting Northern Pacific Norfolk and Wash Steamboat Tobacco Pfil Ake and Potomuc BOD Anaconda Mining Co Pacific Washington Market Co WM Atchison Pennsylvania Archisa Atlantic Cone Pittsburg Baltimore Ohio Elec Con I Ag Waltimore Ohio Pre Bava Ity G Ec Hapid Transit Pullman Palace Norfolk Wasi Tamen Central Leather Georgetown Gas F Central of New Jersey Republic Steel Chesapeake and Republic Steel Pfd Mergenthater Linotype Ann Great Western Rock Island Lanston Monotype Chisago and Northwestern Rock Island Co St Paul SheMeld Steel Cananes San F. Zd Mitchell Mining Company St. Louis Southwestern St Louis Coy the American Colorado Fuel and Iron Perea Capital Olorado Southern Pacife Ational City Southern Ist Southern Railway Southern Td Consolidated Gas M/Texas and Vacife Isy Farmers and Mechanics Toledo Louis Wes Lincoln Se Teledo Metroputlian mi Bernal TAL Delaware and Hudson Union Parfio Amy Telaware Lack West Washington Bay United States Express Denver and Rio Grande American Security and_ Trust United States Trust Co States Sun General Electric Home Savings Bank Merchants and Mechanica Mgs Hiinats Pentral Y jVirginia-Carolina Chem Wabash Wella-Fargo Express Avington Westinghouse Baja Columbia Western Union Sila OrcernAn Wheeling Leke Erte Bia Iremen Ciral Wisconsin Central Iowa Central Kansas Southern National Union Potonime W. B. Hibbs & Co Kenkera and Riggs S Hipbe New York Stock Exchanges Chicago Board of Trade Washington Stachange Washington Ago Washington Market New York Aimerican Tobacco Geneal Ghia Brooklyn Georgia Central Georgia Central of Georgia Atsal Es Peahe Chieago Altaa Ibs Quincy New Burlingto I Pacific Ri Hagu Pathe A & i Rade Lauttent Orado Idia Cuba Bilers Nor Lieu Evie Gener Japan Muisville Siena St Louis Tesas Naral Hatta Et Mixico Consol Stead General Seral Ne & Ds eLbeen Pacth Norful Cone I Ylvan Sonvertibie Iron Mountain London Sa Francisco Taternal Reventa Cleveland Taleto Lori Il No. Defi Sa I Foundry Northern Union Pacific Atchison Ds Tech Fsa Rontes Interborough HW Fo Ates National Bank Ates Boston Reston Adv Aibany Maine General Fund Philippasur American Sugar Machures Ette Basechusetts Electric Pia Achuretts York Allante On & S Treasury Shannon U. S Ae Mie Ou Tan

Wholesale Prices in Washington Stocks Market 1908

April 28 1908 report lists wholesale quotes across eggs butter cheese live poultry dressed meats and vegetables. Highlights include egg prices by region Virginia West Virginia North Carolina and others, butter receipts short but quality good, dairy and cheese steady, poultry supplies mixed with turkeys and ducks in demand, and various meat and produce prices for country cured hams calves hogs and vegetables with regional variations.

Virginia West Virginia North Carolina Lutyer Prowess Pappe

New York Bond Market and Baltimore Grain Prices Report

Baltimore April 28 Flour steady and unchanged WHEAT firmer spot and contract prices for No 2 red Western up. Corn strong with No 2 white figures cited and May July quotes. receipts and exports listed. Vats and Rye steady. Hay unchanged. London tin and copper prices slide as New York metals echo weaker tone. London copper lower. Lake and electrolytic quotes noted.

Baltimore Southern New York London Duluth

New York Money Market and Commodity Prices Report

New York money on call eases to 1 2 percent with dull activity. Sterling exchange softer with bankers bills and commercial bills quoted around 4.84 to 4.87 for demand. Government bonds show irregular moves. Cattle, hogs, sheep, lambs and calves listed with price ranges. cows and butcher stock cited. Market notes include grain and metal shifts and demand indicators.

New York Prime Mercantile Sterling Exchange

New York Produce Prices and Goods Report

New York market bulletin lists poultry, butter, cheese, eggs, flour and grain, hay, hides, leather, wool, fats, lard, pork, molasses, sugar, coffee, and freight rates. Entries include assorted weights and prices for items such as turkeys 12 17, fowls 12 1d, eggs 42 227, lard Western 8 15 78 35, coffee Rio No 76 8 9, Jersey sweets 1 002.50 per basket, and potatoes Bermuda 4 00 7 00.

New York Pennsylvania Mirmo Rio Santos Cordova Bermuda Florida

New York Grain Markets Extend Mixed Wheat Down

Chicago and New York reports show wheat dipping as sellers press levels amid greenbacks and cooler weather. May and July futures drift with Liverpool cues while corn and oats hold firmer early before later slippage. Primary receipts moderate, world supply trims, and hogs push pork markets higher.

New York Cotton Market Slips to New Low Records

The New York cotton market opened weak and averaged a new low for the day with a net decline around 13 to 19 points. Estimated sales reached 275,000 bales as May futures dipped near 8.03 initially before recovering slightly, while July and later months posted fresh lows amid renewed Southern selling and easing demand. Southern spot markets held steady to lower amid unfavorable sentiment, cables from Germany denied short time rumors, and trade sources noted some improvement in overall sentiment.

New York May Germany

Live Stock Markets Report from New York and Chicago

Live stock market notes from New York dated April 28 show receipts of cattle, calves, sheep and hogs with limited demand. Beef and veal prices move modestly, with exports reaching 657 cattle and 3,000 beef quarters. Hogs steady at 6.09 to 6.15 on state and Pennsylvania hogs. Chicago reports cattle receipts estimated.

New York Galveston New Orleans Mobile One Bel Savannah Charles Wilmington Norfolk Baltimore Hoston Philadelphia Houston Augusta Memphis St Lewis Little Rock Great Britain France Joan Continent Japan Mexico Ile Buffalo Pennsylvania Chicago

Also Mentioned on This Page

City OF the Feature Bertin’ Werchase Virions Report of Steel Corporation Wall Street Treasuries Union Pacific Railroad Oregon Hill Harriman Burlington Great Northern Northern Wheel of Fortune Local Financial Washington Stock Exchange NEW York Stock Market Washington Produce Market THE United States Treasury Metal Market Washington Cattle Market Yale Pega Eigtad York Florida NEW York Grain Chicago Grain Liverpool Minneapolis Bara Oae Keneas Missouri Tiss Loc ST GeTk Pike Pike Adding Machine Company Orange, N. J Munsey Building Eke U. S. Treasury 7Th and Mass. Ave N. W 7Th St 8. W Thomas L. Hume St. H.W New York Stock Exchange Europe Orient International Banking Corporation G St Uptown Conn. Ave Center Market D. C Heisekell & McLeran Street City Lima Indiana Equitable ‘Co-Operative Building INO Joy Edson Frank P. Reesich Equitable Bldg St. N.W George W. Linkins 18Th Street Richard E. Claughton United States Trust Company Anson Taylor F Street James Morris Woodward 19Th Street Northwest Axomourtr Edward & Wescott Pennsylvania Avenue W. T. Galliher 12Th Bata Charles N. Moore Eve Norr Thorne Fred L. Vogt National Metropolitan Bank Madison Whipple Ralph W. Lee G Street Walter A. Brown 14Th St. WW Maryland Real Estate Title Co Cal Fire Insurance 18Th M. Y Citizens’ Equitable Building Association of Georgetown, D. C M St Thos. Brown Preaufort Edgar Frisby Chas. P. Williams H. C. Kleinschmidt Treeaurer S. Hi. Clarke Member Consolidated Stock Exchangs of Ouray World Exchange Collections & Investments Mads Polean Puck Napotron Cowsill Napoleon Arthur Cowsill Colorado Marine Barracks Eighth and Gats District of Columbia Swartzell, Rheem Hensey Co J. B. Weed Metropolitan Bank Wm. Ives & Co Consolidated Brook Exchange
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