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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Aug 02, 1905

Page

9

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 Withdrawn government deposits and rising bank resources signal expansion of money supply as funds move into new circulation.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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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