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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Aug 02, 1906

Page

15

Market buoyant as stocks rise on railroad earnings

New York trading opened higher amid signs of revival in public interest and strong railroad results. Southern Railway, Atchison, Rock Island, and St. Louis bands posted gains with dividends in focus. Copper prices rose boosting Amalgamated and Anaconda while Reading and Smelters added. Rain and cotton markets dragged by crop reports.

Southern Rock Island Southern Railway St. Louis San Francisco Pennsylvania Wabash Gould United States Reading Brooklyn New York Amerisan Tobacco Ameri Tobacco F.a Atchison General Atchison Gujualment Atlantis Huo Paltimore Oulo Wattmore Ublo Brooklyn Rapid Trensit Convertme Central of Georgia Beaay Central of Georgia Ist Inc Anc Central Colorado Indus Val Fis Sibern Cuba Denver Hocking Valley Japan Aerie Ates Nashville Noise Manhattan Conant Gold Mexican Central Minneapolis St Louis Missouri Kansas Mexico New York Central General Ska Nawderney Central General Southern Pacific Norfolk and Weeters Consol Oregon Reading General St. Louia Iron Mountain Dust Lous San Francisco Fe Louse Southwestern Seaboard Air Live Southern Pacifc Sertificates Southern Railway Fa Texas and Pacific Toledo St. Eauls Western Pacific United States Steel Wabash Lars A i Ae Wabash Dcenture B. Oe Wheeling and Lake Erie Wisconsin

Boston Closing Prices and Market Summary Fragment

The report lists closing prices and activity across multiple U S markets including Atchixen Poston Atban and American Sugar stocks, with notes on copper exports, London prices, and early August trading. It records earnings, spot and futures movements, and general market sentiment with scattered figures and percentages.

Begton Aux Atchixen Poston Atban Beaton Maine Hoatan Fitenhure New York New Haven Hartford American ‘Artes Themical American Arye Chemical Ptd American Sugar American Sugar Pic American Telephone and Teleraph Americas Woolen S. Ralwen Electric Hum Massachusetts Aleyire Magnachusetts Electric Massachusets United Shoe Machine North Butte Bingham Range

Wall Street Gossip on Dividends and Finances

Washington Post report from early August outlines stockholder demand for dividends tied to earnings, with bankers and financiers approving higher returns. It notes steel directors defending a $90 million surplus and a Gary plant, Great Northern dividend policy, and rising government bond activity as markets react to new financing plans and board resignations.

Weehington Post New York Critiel Sa Gary Great Northern Farrington James J. Hill Hill Canada

Copper Strength Lifts Mixed Stock Exchange Session

With a depleted board and many members away, trading was tepid on yesterday's Stock Exchange. Copper shares led modestly higher with Greene Copper at 23, later 22 3/8 to 22 3/4 after a record. Mitchell Mining rose to 41 1/2 and 43 8. American National fell to 17 1/2 from 18 1/4 as the bank list lay quiet. Capital Traction traded two shares at 14, while Columbia Railway 5s moved at 41 1/4 and Potomac Electric 68 at 104 1/2.

Stock Exchange New York Greene Mitchell Mining American National Columbia Railway Potomac Electric

Washington stock quotes from the Ales-Columbia line market report

Yesterday's closing quotations list bids and prices for District of Columbia bonds, railroad and street railway issues, utilities, and various banks and trust stocks. Notable entries include Washington Railway and Electric preferred at 8754, common at wy, Metropolitan, Capital Traction around 1423, and several city gas, electric light, and title insurers with varied yields and prices.

Aples Columbia Raihway 1A Potomac Fleetric S53 Greene Copper Mitchell Minkyg Atlor Call Capitol Trenton District of Columbia Philippine Land Purchase Carltal ‘Traction Railroad da Anacostia and Potoman Bs Metropollen Railroad Mtropolitan Railroad Metro-polltnn Columbia Railroad Washington Rovway Elvetek Washington Gas Company United States Electric Light United States Chamapanke and Potomac Telephonesa Washington Market Company Fotamsc Electric Light Nor York Washington Steamboat Bristol Gan and Electric National Safe Deposit and ‘Trust Washington Lawn and Trust America Security and Trust Union Trust Company Security Storage (Company Washington Savings Bank Wome Savinge Bank Union Savings Bank Washington Lavn Deposit Company Gapital ‘Traction Washington Railway and Electric Common Washington Metropolitan Central Farmers and Mechanics Colum Capital Neain Rigas Gil National City Franklin Corcoran Potomye Arlington National Union Columalia Tiken Pearple's Chesapeake and Potomac Washington Gas Georgetown Gas Mergenthater Ethotype Lanston Monotype Washington Market Norfolk Washington Steamboat, 14270. ‘Treaty Appraisal and Agency Company Mitchell Mining Company Southern Publi Service Corporation

Washington Produce Market Prices Chronicle

Wholesale quotations show eggs, butter, cheese and poultry with varied gains and declines. Undergrades soft, creamery butter firm, live poultry receipts heavy with dull undergrades. tomatoes, potatoes, and other vegetables offered steady to mixed, with multiple price points across barrels and crates.

Live Stock Markets Report From New York and Chicago

Live stock and hog markets show receipts and price ranges in New York and Chicago. Beeves veals sheep and lambs move with steady to lower tones as buyers react to variably priced cattle and pork, while Grand Trunk plans a 15 million dollar stock issue to fund railway expansion over two years.

Grand Trunk Montreal Grand Trunk and Pacfic Railway

Baltimore Markets Grain Dairy Prices Report Aug 1

Dull and unchanged markets with exports and receipts listed. Wheat and corn show weak to steady tone, no. 2 red Western and southern grades appear with varied cash and futures quotes. Butter and cheese active with firm to unchanged prices. sugar steady with refined and coarse grades noted.

Baltimore India

New York Produce Prices and Market Report Aug 1

New York daily market notes show butter and cheese unchanged, eggs up and down, poultry varied with Western chickens and fowls around 11 1 2 cents. Potatoes, rye flour, lard, pork, and molasses maintain steady levels, while cornmeal, leather, wool, and tobacco show market firmness or steady demand. overall dullness lingers as arrivals and receipts are listed for multiple commodities.

New York

Chicago Grain Market Mixed as Wheat Declines and Corn Holds

Trading in Chicago grain shows wheat slipping after bears pressed by Russia unrest and a Kansas crop estimate surpassing prior records. Corn weakens late on larger than expected country receipts while oats and hogs also soften. late-session news from New York and Kamass City influence prices. Primary receipts climb to 1,491,000 bushels with local deliveries noted across Minneapolis, Duluth, and Chicago.

W. B. Hibbs & Co New York Stock Exchanges Washington Stock Hixchange Chicago Board of Trade Th. Akot Lani Sentavatier Chicago Aug Shorin Russia Kamass City Kansas Prican New York Zeih Minneapolis Duluth Chicags BBC Nelling GORGO Wealmasa Senthagat Wan Ad- Ustlonsl Threshinge Pat TU

New York Grain Market Report for Rye Wheat and Corn

New York August 1 grain market shows rye receipts 89 000 bushels with spot prices steady to higher on open then weakens as liquidation and crop prospects weigh in. Wheat futures shift with export demand spurring a late rally while September and December show mixed moves. Corn receipts 94 600 bushels with price action opening higher on wheat strength then falling back as selling pressure increases. Oats receipts 68 400 bushels with prices easing. mixed oat grades and weights cited for U S export.

Thia New York Duluth

Harriman Line to Gulf Rail Route Planned

Charter granted today for the Missouri River and Gulf Railway Company to build from Kansas City through eastern Kansas Indian Territory to Denison Texas with branches to Shreveport Louisiana and Cherokee County Missouri. Capital stock one million dollars. Directors include B F Winney C E K Wella A L Bervar C N Prouty K L Browne B R Lane and Winfield Fresman. Described as a Frankman interests subsidiary to give the Union Pacific Gulf access.

Kansas City Denison Tex Yopeka Kans Missouri River and Gulf Railway Company Kanga City Kansas Indian Territory Shreveport Cherokee County Missouriy Joplin B F. Winney C. EK. Wella A. L. Bervar C. N. Prouty K. L. Browne B. BR. Lane Winfield Fresman Frankman Union Pacific Gulf of Mexico

Increase in Bank Notes Reported by Comptroller

The Comptroller of the Currency shows in the monthly circulation statement for July 31 1906 that national bank notes in circulation totaled 561 481.01 dollars, up 57 509 600 for the year and 368 635.17 for the month. Circulation based on United States bonds was 518 573 399, up 4 967.69 for the year and down 127 390 for the month. Circulation secured by lawful money reached 44 907 646, up 12 542 022 for the year and 1 643 033 for the month. Deposits to secure circulating notes stood at 500 362 610, and those to secure public deposits at 5 028 235.

National Banc United States

Strength in Tron Trade Across Iron Markets

New York reports strengthen in iron and steel demand with United States Steel Corporation posting its largest quarterly earnings. Pig iron and foundry markets rise as buyers lock in for year-end needs. Bessemer shipments resume to Chicago while prices gain across Southern and Eastern districts. Foreign and domestic demand supports robust midyear activity, rail and pipe orders rise in a buoyant market.

New York United States Steel Corporation Steel Corporation Bessemer Iron Chicago Foundry-iron Birmingham Buffalo Pennsylvania Seaboard Mexico Porto Rico

Public Debt Grows by 9.4 Million in July 1906

The monthly debt statement dated July 11, 1906 shows total public debt (excluding cash) at $973,206,801, up $9,421,114 for the month. It breaks down interest bearing debt at $95,159,000 and other categories, with cash in Treasury and trust funds totaling $1,478,768,281 against liabilities of $1,152,790,299 leaving a paid cash balance of $319,963.94. The Mint notes July coinage of $4,303,164, including gold and silver, with $20,000 set aside for the Philippine government.

Panama Bonda Treasury Mint Colngga United States

Rice imports in Philippines fall sharply in 1908

Manila reports Gov. Gen. Ide that rice imports to the Philippines in the fiscal year ended June 2 declined by 61,072,411 pounds valued at 3,084,183 gold dollars. He notes imports were less than three sevenths of 1901 and money sent for rice dropped to four-elevenths, while local shippers blame poverty and households turning to yams.

Manila Ide Philippines Ide BayBi

Cananea Central Copper Company Incorporation in Duluth

Incorporation papers for the Cananea Central Copper Company were filed in St Paul. The capital stock is 10000 dollars with a 36.08 dollar filing fee. Directors include W G Greene of Cananea Mexico and several Duluth residents. The mining property lies at Cananea Mexico and the Greens Consolidated Copper property may join the new company.

St. Paul Ave Cananea Central Copper Company Duluth State Treasury W. ¢. Greene Caonanea Mex J. D. Ryan Butte Mort James’ Houston Calumet Mich C. A Duncan G. A. Tomlinson J- B. Cotton Olcott TF. Colle A. Congolyn Cananea ‘Central Mining Company Cananea W. G. Greene St. Pan Jexids Greens

Uncle Sam's Deficit July 1906 Receipts and Expenditures

The July 1906 monthly statement shows total receipts of 52,298,852 and expenditures of 65,813,721, yielding a deficit of 13,514,969. Adjustments include a Central Pacific note paid and a future August entry. Internal revenue 902,221 and customs 1,416,778 contributed, with other receipts totaling 112,500 and expenditures around 2,720,000. Dividends on American Tobacco declared: 2.5 percent on common stock plus an extra dividend at a yet unspecified rate.

Central Pacific Railroad Company Leas American Tobacco New York American Tobacco Company

Cuban Company Formed With $3 Million Capital

Albany Aug 1 The Cube Investing Corporation of New York was incorporated today to conduct agricultural and manufacturing business in Cuba with an authorized capital of 3 million dollars. Directors of record include El C. Fosburgh H M Kerr T W Shetton C H Kayler W W Dey Jr B R Camp Franklin and GT Tadson Atlanta.

Norfolk Franklin,Va Albany N. Y Cube Investing Corporation New York Cuba EL C. Fosburgh H. M. Kerr T. W. Shetton C.H. Kayler W. W. Dey Norfolk, Va BR J. Camp Franklin Va GT. Tadson Atlanta, Ga

Washington yan & Trust Co Establishes Office and Capital

Washington yan & Trust Co announces an office and deposit services with paid up capital of 1,000,008 and surplus of 650,000. The firm acts as executor administrator trustee agent treasurer registrar and safekeeping vaults for valuables. The Real Estate Department will manage property with careful attention to details under senior officers Torn Joy Eds and executive team including Torn A. Swops Ellig Bprar Andrew Parker Harry G. Meem Boyd Taylor Thomas Bradlut and assistants.

Washington Yan & Trust Co Tntercet Mdoctary Capecties Seal Estate Department Torn Joy

Also Mentioned on This Page

Washington Post London Wall Street Erie Northwestern Union Pacifi Atchison Metal Amalgamated Anagonda Boston Metal Market Lowden Uta Seyret Engilah Iaealix Ville Tendard Touhey Orenen Xoo Svetern Ths Ag Gatas Curb Market New York Prine F Street New York Stock Exchange Washington Stock Exchange Lima South Indiana Liosa Wwednesday Bow C.n Adama Express Ais Onuis City Southern Acalgamated Kannes City Southern Pro American War and Foundry Lauleviks Am. Car and Foundry Mexican Gentraly American Cottwall Aly Minneapatia St. Loup Scebeee Jamerican Cot jAmerican Express Mmig Leather Fay Mievous Pacific American Ice Securities Mimauri Taz al Be Saad Som Kane Naui. R. R. of New York Central Ioayg Am Hs Us Smelt Pitts Cearg St. Lae Onin Theaklyn Ma Canaiian Pacific Sax Central of Chesapeake and Ohio Republic Stest Great Western Republic Staet Pit Uta Rock Island Co St Pr Reo Hears Roct Island Co Stose-SheMeld Steel St. l Colorado Furl and Tron W. Pia Dexver Rio Grande Union Pact Denver Aid United State Genena Lab Tyese United States Stee Pla Chemical Seeaeh Chemical Pla aWella Fargo Ex Winton Wheeling and Lake Wisconsin Central A Wisconsin Centra LAL Atvigend Apnea Ag W- B. Hibbs & Co Bankers Am Brokers Stree Askud American Canning Pfik Atema Cumberlad Eley Granby Breene ‘Opret - O al International Salia Mackay Company Mackay Company Wy Mitchell Mininees Nevada Consol Utah Salex Stack Galveston New Orleans Philadelphia Houston Augusta Memphis Cincinnati Louisvinle Pensacola Amo Great Beitein Continent Atuck Tae Net Great Britain Arance New York City Fisk & Robinson Baltimore and Ohio Thayer Baltimore and Ohio Board Snuch Norfolk and Western Board Local Financial Washington Produce Market Virginia Houthern Delra New York State Etger Ig Cor Amd Bent Stenéy Comum Helvers Calvet Washington Cattle Market Clendy Sleady Chicago Grain NEW York Grain Harriman Gulf New Cananea Company Greene Consolidated Uncle Sam Equitable Co-Operative ‘Building Association Equitable Building John Joy Eason Emss Spear Geo. W. Casslenr Frank P. Reeside Capitol National Safe Deposit, Savings & Trust Co Car 15Th and New York Avenue Riggs Pa. Ave U. S. Treasury Napoleon Eiltis Corslean Arthur Cowsill Bromco Colorado Building Sts American Express Co Traders National . Bank Francis R. Dooley & Co St. le Croit F Street N. W George Harries G. Kimball Willam EF. Rig Br. Jothrop W. Noyes M.M. Mott H. Reéleton John 11Th IL Bond Arthur Wall Trading AZ Lynn, Wall & Co Adams Building Catton Chesley & Spence Ernation Banking Corporation G Street N. W Capital and Surplin Swartzell, Rheem & Hensey Co Warner Building The U. S Citizens Savings Bank Harrison-Realty Company Northwest Main Albert Blum Broadway New Willard Hotel W. B. Hibbs Thos. L. Hume
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