Record Bank Circulation Surpasses 500 Million
New York August 1 The national bank circulation has topped 500 million dollars, the largest in U S history, up from 240 million at end of the Spanish American War. Withdrawn government deposits and rising bank resources signal expansion of money supply as funds move into new circulation. Wheat and cotton futures slip while St Paul stock drops sharply amid lingering short interest and renewed bear pressure.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Stock Exchange
Steel Preferred
Amalgamated Copper
Union Pacific
Steel
Bell
United States Steel
National Bank
Wall Street
St. Paul
Wall Street Gossip Sparks Talk of Union Pacific Illinios Central Link
The Washington Point reports amid gossip that Harriman plans to swap Illinios Central stock for Union Pacific preferred, linking the two and expanding a West of Mississippi copper and rail quadrangle. Amalgamated Copper and steel trades surge as market outlooks glow with electric growth and copper demand.
MENTIONED IN THIS ARTICLE
Washington Point
New York
Illinois Central
Union Pacific
Harriman
Ita
New York Central
Harriman-Vanderbilt
Chicago
Northwest
Vanderbilts
Omaha
Ilinois Central
Southern Pacific
Mississippi
Minois Central
Union Pacific Management
Wall Street Cash and Bond Market Notes from New York
New York money on call steady at 2 percent with time loans at 3 percent. Sterling exchange steady with bills at 4.8650. The New York Stock Exchange list includes Adams Express Amalgamated Copper American Car and Fdry group with mixed gains and losses. bond market shows varied prices on rails and utilities with total daily volume around 590,000 shares.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Kere’ Billie
Hemad
Lapoqd
Sltty-Kaye
Grain market slips as wheat leads fall in Chicago session
Prices drop across grain pits with September corn and wheat tumbling amid abundant world supplies. Cash buyers push back as bears dominate early trading. later, market firmed with oats and corn modestly higher and provisions steady on packer demand.
MENTIONED IN THIS ARTICLE
Fac
Seat on the Washington Stock Exchange valued at ten thousand
John R. McLean, twice elected to the exchange since 1890, held a seat worth 10 000 as part of his assets. He rarely appeared on the floor, yet influenced board matters, funded liberal broker commissions, and supported younger members with patronage and generous orders in various stocks and bonds.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
John R. McLean
Exchange
John Leetch
Washington Honored Citizen Known for Wealth and Public Spirit
A prominent Washington figure, long in public life, is celebrated for generosity and civic contribution. He leads as former president of the Washington Gas Light Company and director at Riggs National Bank and American Security and Trust Company, holding valuable real estate and shaping major regional deals. He is praised as approachable, benevolent, and deeply invested in the city’s welfare.
MENTIONED IN THIS ARTICLE
Washington
Washington Gas Light Company
Riggs National Bank
American Security and Trust Company
Washington Loan & Trust CO
9Th
F Sts
John Joy Edson
Tees Ge
John A Swope
Ellis Spear
Andrew Parker Harry G
Meru Boyd Taylor Thomas Bradley
New York Produce Prices and Market Trends Report
New York markets show steady to firm tone across items. Butter eggs cheese flour rye and cornmeal quoted with receipts and regional price ranges while metals grains and shipping rates reflect renewed London tin interest and local copper strength.
MENTIONED IN THIS ARTICLE
New York
Minnesota
Long Island
Liverpool
London
Tarth
Isse
Glasgow
Middlesboro
Foundry
Northern
Foundry Northern
Foundry Southern
Washington Cattle Market Report Shows Stem Prices
Market notes indicate firm hogs and strong demand for choice lambs and calves. Cattle prices range from 4.75 to 5.00 per cwt for extras to 2.00 to 3.25 for ordinary cows, while hogs quote 4.70 to 6.25 per cwt and sheep wool at 4.50 to 5.00 per cwt.
MENTIONED IN THIS ARTICLE
New York
Indiana
West Virginia
Chicago
Aharn
Baltimore Markets Update from Aug First Trading
Dull and unchanged tones across commodities in Baltimore markets. Flour receipts reach 3 901 barrels while wheat and corn show weak spot demand and varied on grade quotes. oats and rye steady to weak with light receipts noted. Grain freights and butter prices move slowly as unpacked garbled data limits clarity.
MENTIONED IN THIS ARTICLE
Baltimore
Western
Rex
Ted
Tom
New Southern
Basler
Washington Produce Market Report Highlighting Mixed Prices
The Washington market shows steady to firm butter and live poultry prices while eggs soften on high grade stock. Vegetables and fruit remain strong with light receipts, and New York cattle hog and sheep futures close amid mixed signals from European crop news.
Washington Stock Quotations Show Varied Bonds and Shares
Closing bid quotations on yesterday's Washington Stock Exchange list numerous bonds and stocks. Key entries include Washington Railway and Electric preferred at 92 percent and common at 29 percent, National Safe Deposit and Trust, American Security and Trust, and several city utilities and bank issues with varied prices. District bonds, railroad stocks, and diversified issues appear with bids in single digits to mid 100s, reflecting a broad market mix.
MENTIONED IN THIS ARTICLE
United Binion
United States
Washington Railway and Eectric
Washington Railway and Electric Preferred
Washington Railway and Electric Common
GIO
National Sefe Deroslt
American Security and Trust
Union Trust Company
American National Bank
Washington Gax
Mergenthaler
Langton
Greene Copper
Aftengea
National Bank of Washington
S Stock Exchange
District of Columbia
Capital Traction Railroad
Metropolitan Railroad Ge
Metropolitan Railroad
Columbia Railroad
Anacostia and Potomac
Washington Railway and Electric
Bristol Gas and Electric
Washington Gas Company Gs
Washington Gas Company
United States Electric Light
Chesapeake and Potomac Telephone
Washington Market Company
Potoimas Mleatric Light
Norfolk
Washington
National Safe Deposit
Washington Loan and Trust
American Security and ‘Trust
Washington Safe Deposit
Washington Savings Bank
Home Savings Bank
Union Savings Bank
Capital Traction
The
Bristol Gun and Electric
National Bank
Commercial
Bank of Washington
Metropolitan
Central
Farmers and Mechanics
Second
Columbia
Capitol
American
Tradera
Lincoln
Riggs
Ineuransentecke
Franklin
Corcoran
Potomac
Arington
National Union
Higes
People's
Colonial
Mofombie
Chesapeake and Potomac
Washington Gas
Georgetown Gas
Mergenthaler Linotype
Lenstoin Monotype
stacke—Greene Consolidated Copper
Washington Market
Norfolk and
Washington Steamboat
Crop Outlook Highlights Mixed Progress Across States
Weather Bureau weekly bulletin notes cool temperatures in Ohio Valley and parts of Middle Atlantic and New England hampering corn growth, while other regions report favorable conditions. Rain disrupts Missouri Valley and lower Ohio regions. more rain needed in Georgia, Florida, Mississippi, Illinois, Ohio and northern New Jersey. Winter wheat movement nearly finished, spring wheat harvest underway with no major rust. Alaska? not present. Cotton shows partial improvement in Texas but declines in Oklahoma, Arkansas, Louisiana, Mississippi. Tobacco struggles in Maryland Virginia with limited gains in Kentucky. apples light crop. hay largely secured with regional delays in Iowa North Dakota Virginia.
MENTIONED IN THIS ARTICLE
New York
Eligh. Low
Adams Express
Amalgamated Copper American Car and Frary
Amer
American Cotton Oil
American Run
Am, Smelt and Rel’s
Ant. Smelt
Reg
Western
Tobacco
Naked
Anaconda Mining Co
Baltimore
Chesapeake and Ohio
Chicago and
Alton
Chicago and Alton
Great Western
Chicago
Chicago T and
T. Pd
Si Louis
Colorado
Southern
MTGAO
Golu
Cole
Consolidated Gas
Delaware and Hudson
Hibbs & Co
Del
Lack and Western
Denver and Rio Grande
New York Stock Exchange
Washington
Denver and
Rio G
Stock Exchange
Chicago Board of Distillers
Coastalra
Bate General Bicetri
Great Northern Pia Hocking Valley Body Central
Internacional Paper
International Paper
International Pump International Pump
Iowa
Kansas City
Minneapolis
Ste
Massouri Pacific
Kans
Texas
Tex
Minnesota
Dakotas
New York Central
Shorts
N. Y
Ontario
W. News
Norfolk and Western
Northern Pacific
Near
Yea
Pacific Mail
American Tobacco
MTA
Atchison Adjustment
al- Atlanta Coast Line
Philman Palaces Corready
Balthcore
Ohio
Central of Georgia
Central of Georgia 1St Inc
Reublic Steel
Central of Georgia 2d Inc
Schublic Steel
Ea Coren
Fock Tolan Goteereau
Chieigu
Burlington and Quincy
Debnam Gaede Oe
Pacife
Nebraska
St. Louis
South Dakota
San F
Southam Taelle
Southern 4A
Soutern Pacific
Tolado
St L
Erie General
Fort Worth
Denver
Toledo
St. L
Union Pacific Working
Japan
Louisvile and
Nashville
United States
Laoa
United States Steel
States Steel
Carolina Chemical O
Wa -Carolina Chem. Ptd
Ageg
Wabash
Welle-Fargo Express
Westinghouse Electric
Western Union
Wheeling
Lake Erie
Wisconsin Central
Wisconsin Central Pfd
Mexitux Central
Merlan Central Isihe
St Louis
Missouri
Kansas
Missour
Nations RR of
Mexico
New Jersey Central
Norfolk and Western Voose
Greaoaurt Line
Consylvanta
General da
Leuls
Iron Mountain
Consol
San Francisco
Cresseers
Seaboard Air Line Ts Sei
Southern Pacific
Southern Pacis
Southern Railway
Texas and Pacife
Tata
Teledo
Tlouls
Union Pacific
al de
Union Pactic
United States Steet Td Os. I Ass
Maryland
Lake
The
Weather Bureau
Ohio Valley
Middle Atlantic States
New England
Missouri Valley
East Gulf Coast
Georgia
Florida
Mississippi
Ilinois
New Jersey
Atlantic Coast
Tennessee
Arkansas
Indian Territory
Midle
Atlantic
Michigan
Oregon
Oklahoma
Virginia
Louisiana
States
Alabama
Carolinas
South Carolina
Kentucky
North Dakota
New Philippine Bonds To Replace Temporary Certificates
War Department plans to replace 3 million dollars of Philippine temporary certificates due September 1 with a new issue of 1.5 million in bonds bearing 4 percent interest. The securities will date September 1 and redeemable in one year. They may back national bank deposits and circulation in the United States. Bids open August 3 at the Insular Bureau.
MENTIONED IN THIS ARTICLE
War Department
Bureau of Insular Affairs
Secretary of the Treasury
Tsi
Indian Land Leases for Kiowa and Comanche Tracts
The Interior Secretary orders leasing of over 400000 acres of Kiowa and Comanche lands for five years from January 1, 1906 for agricultural use. Lessees gain renewal rights at appraised value, with limits of two sections per person. Bids open December 4 at Kiowa opening, Col. James F. Randlett presiding.
MENTIONED IN THIS ARTICLE
Secretary of the Interior
James F. Randlett
Kiowa
Potomac Insurance Company Stock Meeting Notice
The Potomac Insurance Company of the District of Columbia announces its annual stockholders meeting for the election of directors on Monday August 7 1905 at 1 oclock p m at the teahouses of the company. The books for stock transfer will be closed from July 31 to August 7 1906 inclusive.
MENTIONED IN THIS ARTICLE
The
Potomac Insurance Company
District of
Cal Ee
EK. Philll
Also Mentioned on This Page
Prige
Vanderlip
City Bank
Tao
Boston
Amalgamated
Steal Corporation
Wheat Trust
Europe
Oceanic
Kaiser, Wilhelm
Baltic
New York Stock Market
NEW York Grain
W. B. Hibbs & Co
F Street
Chicago Board of Trade
KERNS
Bradstreet
Duluth
Hlectris Bitters
Niconsra
the. Washington. Stock Exchange
Washington Cattle Market
Washington Produce Market
Bankers and Brokers
Lancashire
New Orleans
Stack
Galveston
Savannah
Charleston
Wilmington
Guiet
Ailers
Damen Eelieve Philadolphie
WV Deter
Auguste— Bready
Memphis
NOL Espesas Sane
Louisville
Reese
Cincinnati
Paris
Nice
Great Britain
Continent
Great
Britain
France
Cor Mexico
Virginia Tobacco
Weather Bureau Bulletin
Middle Atlantic
Southwest
James McKim
Dunville Ont
Agnew
P. G. Affleck
Stone & Poole
Columb
Swartzell, Rheem G Hensey Co
Warner Building
Union Trust Co
Fst
1St
Easts
Tw Company
Agen
U. S
Traders National Bank
Silverton
Snohomish County
Wash
al Ite Stoeckhald
Ask
WM. A. Read & CO
Atlantic Coast Line
S. St. Louis
Iron Mountain & Co
S. Minn
St. Paul & S. S. Marie
F Street N. W
Sacto National Riggs Bank PA
S. Treasury
Rede
Commercial National Bank
14Th and
G Streets
George H. Herries
I. G. Kimball
Williamh. Xing
Wilton J. Lambert
A. M. Lothrop
Theodore W. Noyes
J. H. Ralston
John B. Sleman, Jr
F H. Smith
BE. Quincy Smith
E. N Waters
W. Woodward
M. M. Moffitt
Bond Bldg
4Th
N. Y. Are
WDE
M. J. Sage & Co
Broadway
N.Y
Atlantic Building
York
Greulich
Martin & GO
Margin
Arthur Wall
Lynn, Wall & Co
Adams Building
Chesley & Spence
Colorado Building
Hank
Beiskell & McLeran
Asociation
Oftom Equitable Go-Operative
Secon
F Street N
U.S
National Loan and Investment Co
15Th
Sts. N. W
U. S. Treasury
Citizens ‘Trust
Commercial Bank
N.W. Cor
Surety Loan Company
Warder
Mutual Loan and Trust Co
St. N. W
Nozaey Amionzy
Tates
Firat
Potomac Guarantee Loan CO
N. W. Atlantic
Metropolitan Loan and Trust Co
E Street
A. W
Lpward
National Mortgate Toan Company
Es Hsb
Withhout
Eitien
Tolman
Roow