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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Aug 04, 1906

Page

8

Market Reaction Dims After Early Rally on Wall Street

The market opened slightly under prior close, rose irregularly then turned nervous with spasmodic advances by individual stocks that failed to lift the overall list. Volume contracted as profit taking rose, with stop orders uncov ered and a late-day decline. Banks faced a weak call money picture despite some earnings gains. copper futures rose in London on Amalgamated prospects but most stocks faded.

Washington Post New York Wall Street London Ubertock Exchange Bridenh Capital Louisville and Nashville Atlantic Coast Line Southern Railway St. Louis Southwestern Grays Point Terminal

Wall Street Gossip and a Chesapeake and Ohio Stock Move

Special to The Washington Post New York August 3 reports mixed activity in bull tips with little decisive initiative as pools and banking interests weigh profit and investment motives. Chesapeake and Ohio stock holders back a Virginia-led maneuver encouraged by Pennsylvania officials, aiming for a 3 percent dividend from solid earnings.

Chesapeake and Ohio Virginia Pennsylvania Chesapeake and Ohio Combinaton

Trade failures few promises of record year buoyant iron and steel

New York August 3 Bradstreets notes rising optimism for a record year driven by heavy crop prospects and strong iron and steel demand. Mills run at capacity, dividends resumed, and export and retail trade show mixed strength as failures dwindle and shipments for fall and winter begin.

New York Bradstreets United States Canada

New York Money Market and Live Stock Prices Aug 3

Money on call steady at 4 3/4 percent with bids and offers around 4 3/4%, mercantile paper at 4 1/4 to 4 3/4 percent, and foreign exchange firmer with demand at 482 1/2 and sixty day bills at 485. Stock and bond listings show diverse issues including Atchison, Baltimore and Ohio, Central of Georgia, Colorado Industrial, Mexican Central, Northern Pacific, Reading, Southern Pacific, Texas and Pacific, and Wabash among others with varied quotes. Government and railroad securities held steady or irregular, reflecting active trading in New York markets.

Adams Express Kansan City Amalgamated Copper Hansan City Southern Am Car and Foundry Louisville and Nashville ATH Lab SLH Minneapolis St. Louis American Express Jrryg Missouri Pacific American Tee Securities Missouri Kansas Texas Tex American Gods Nat RR Wexleo New York Central A LAB Ontario Western Pia Norfolk and Western Atchison Northern Pacific Isease Panife St Loulat Baltimore and Ohio Brooklyn Central Eather Chesapeake and Ohio Republic Steel Chisago Great Western Republic Stes Chicago and Northwestern Rock Island Company Chicago Mil St Paul Stase-ShemMeti Steel Southern Pacific Southern Poote Pia Carn Products Tate Tennessee Coal and Irons ITM Toms Idel Express Aloe United States Great Northern United States Steel Hocking Valley Carelina Inets Cental Iva -Carelina Chemical Ptt Jae Los Wabash Interborough-Meropolitan Interborough-Met International Peper A Wag Wells Argo Fupreas Tang Westinghouse Electric International Puran Western Union Sgl Bie Ste International Pomp Pfa Fee Wheeling and Lake Erie Flowa Central I HO Wiaconsin Central Wiaconsin Central PLC Agres W. B. Hibbs & Co F Street New York Stock Exchange Chicago Board of Trade Washington Stock Exchange New York Sis Prime Mercantile Paper Commerc Wits American Tobacco Atchison Adjustment Atlanta Coast Line Battimore and Baltimore and Ohio Fiie General Fort Hinehing Valley Japan Ae Japan Éerten Jeran Nashvile Unifled Marnalad Consol Gold Mexican Central Mexican Central St St Louis Missouri Kansas and Texas Wespuri Kansas and Texex Fds National Railroad of Mexico Consol New York Central New Jersey Central General Js Oregon Pennsylvania ST Reading General Tron Muntain Congol San Francisco Fallis Southwestern Scatbard Air Line Southern Railway Texas and Pacific Toledo Galveston Bready New Orleans Charleston Womington Tenesto Worfolk Bortay Weston Albany Baltimore Boston Maine Ata Bostor York New Haven Hartford S & America Arge Chemical Oy American Arge Chemical Philadelphia Portland Brunsalek United Frost North Butte Ain Binghand France Continent Shannon St ‘Ali Great Britain Netico

CURB MARKET REPORTS LIVESTOCK PRICES AND RECEIPTS

New York buyers see varied cattle and calf bids with steady hogs and lambs while veal and dressed beef quotes show modest movement. Receipts include cattle, hogs, sheep, and lambs with prices across multiple grades and regions reflected in the scattered quotations.

Copper Market Declines After Bearish July Report

The copper market shows a sharp fall amid a bearish August bulletin with prices dipping to new seasonal lows. August to December contracts slide while sentiment remains bearish after the government condition index slips to 29.9%. Export demand grows slowly, with electrolytic copper reserves tight and foreign buyers active despite high prices. Local dealers note copper remains in demand and expect prices to hold near current levels for months.

New York Produce Prices Mixed Unchanged Receipts Listed

New York August 3 market notes show butter, eggs, and poultry largely steady or unchanged amid varied receipts. Flour and many commodities hold firm or ease slightly. cottonseed oil and petroleum barely steady. sugar and molasses steady with minor refinements in raw sugar and coffee markets noted.

New York Minnesota Stasdy L. Mills

Receiver Appointed for Bankrupt Shoe Business

Btowart B. Oberlin was appointed receiver in Bankruptcy Court for the shoe business formerly run by John G. Keene at 901 G Street NW. Keene filed for voluntary bankruptcy, claiming debts of 6477.76 and assets valued at 4258. Ill health is cited by attorney W. Meek of Clayton, who represented the petitioner, as the cause of the failure.

B. Oberlin Justice Barnard John G. Keene G Street Northwest Keene W. Meek. Clayton Th‘hetilioner

Market closes even as rail and copper stocks move

Week's stock exchange sessions end with mixed results led by Green Copper's 3 point gain while rail equities lag except Capital Traction. Second National Bank shows activity with 8 shares traded, bonds dull, and Washington Railway and Electric preferred weak. Bond market bids list numerous district and city bonds, with overall low volume and selective activity across Langston, Metropolis, and Norfolk listings.

Stock Exchange Greeny Second National S Ae Washington Railway and Electric Company Eleetric Light Dehentsves Yai Capital Traction Washington Railway and Biectric Preferred Sie Lanston Greene Copper Second National Bank Tal District of Columbia Metropol Team Metropolitan Railroad Columbia Columbia Railroad Mortgaxs Washington Railway and Electric United States Electric Light Aadentura Improvement United States Weotric Light Washington Market Company Electric Light Norful Washington Steamboat Ba Washington Gas Company Bristol Gat Bigucare National Safe Deposit and Trust Washington Loan and Tenct American Security and Truat Union Triat Company Security Storage Company Washington Savings Bank Home Savings Bank Union Savings Bank Washington Safe Deposit Company Funilrond Stocke Capital ‘Traction Corcoren Arlington National Union Tia Columbia Washington Chesapeake and Potomee Washington Gas Georgetown Yoo Machine storke—Mergenthaler Lansion Monotype Gremne Consolidated Washington Market Norfolk Health Appraisal and Agency Company Mitchell Mining Company Southern Public Service Corporation Washington Produce Market

Washington cattle market report from a volatile market

The Washington cattle market shows weak demand for common stock while veal calves and choicest animals hold firmer prices. Lambs and sheep remain steady with quoted ranges for various classes. prices vary by weight and quality, with primes and longs trading differently from old and dry cattle and rough stock.

London and New York metal markets see sharp rises

The London tin copper and lead markets surged with spot prices higher and futures up. Copper futures reached 462 13s 8d, tin at 38 500029 55, and lead up 15 3d in some markets. Electrolytic tin and mixer metals showed gains while London market activity cooled with a Tuesday closure noted for the London trade.

New York London Londuk Lake Louton Cleveland Foundry Northern Foundry Southern Lordon Retak

Cotton Average Condition Rises to 82.9 Percent

The crop reporting board of the Bureau of Statistics reports cotton condition as of July 25 at 82.9 percent, up from 83 on June 3, with figures for 1905 and 1904 and a ten-year average. The bulletin includes a table showing July 25 readings for this and prior years, plus June 25 data.

Crop Reporting Board Bureau of Statistics Department of Agriculture Viro

World Cotton Supply Shows Week Decline of 139663 Bales

Secretary Hester reports the world's visible cotton supply at 2,255,292 bales, down from 2,334,956 last week and 2,907,462 a year ago. American cotton totals 1,185,292, non-American 1,070,000, with figures broken down for Great Britain Europe Egypt India and the United States and afloat and held stocks.

Hester Egypt Brazil India Great Britain Europe United States

Baltimore Markets Update With Mixed Grain and Butter Rates

Markets in Baltimore on August 2 show mixed grain tones with steady wheat and corn across spot and August contracts. Barrels and bushels figures appear for wheat, corn, rye, and oats, alongside butter, eggs, sugar, and related freight notes, reflecting a broad steady-to-firm trading tone across commodities.

New York Grain Market Report August wheat and corn prices

New York on August 3 reports wheat receipts of 87 900 bushels with prices for No 2 red around 78% to 80% and lows near season lows amid big receipts and bearish reports. Corn receipts 1 800 bushels with No 3 yellow around 66 half to 87% where market remained steady with limited activity and unchanged closes. Oats receipts 98 000 bushels with spot oats steady and various weights priced from 32 to 42 pounds.

New York Duluth Fevor Mowern Miller

Grain Market Slumps as Wheat Yields Raise Bearish Hopes

Chicago grain notes describe a weak day driven by forecasts of the largest U S wheat yield yet and light news to spur bulls. September soy and oats moved lower while corn held firm. receipts rose at several hubs and provincial reports dampened sentiment. Provisions closed firmer on short-covering though hog demand lagged.

W. B. Hibbs & Co F Street New York Stock Exchange Washington Stock Exchange Chicago Board of ‘Trade Poe United States Cash Housex Liverpool Magouri Bradetreet Minneapolis Duluth Chicago Axo Missouri Commienton Helsing Nore Comerlesson Nesalon Riley Werg Cate

Oil Quotations and Government Receipts Report

Toledo reports oil quotations for Olie North Lite and related cities with ship- ments totals and averages alongside a report on government receipts and expenditures. Internal revenue, customs, and miscellaneous receipts are listed with a total expenditure of 2.43 million dollars.

Helena hearing spots alleged smuggling ring at gateway

Helena Montana August testimony in the David Hoover custome deputy case revealed a conspiracy to smuggle Chinese and opium from Canada. Havre’s A J Walton testified Hoover offered entry for twenty dollars per person and admitted receiving ten dollars. Incriminating letters showed a large organization facilitating the smuggling.

Helena Mont Aug David Hoover Gateway Monty United States Canada A. J. Walton Havre Hoover

Manassas children picnic at Luna Park in holiday outing

More than 900 Manassas students plus parents and teachers visited Luna Park yesterday arriving by eleven Washington Alexandria and Mount Vernon Railway Co cars. They enjoyed games in the picnic grove under free admission, with Judge C B Nicol hosting lunch. The Ex Delegates Association Typographical Union planned another annual outing there today.

Manassas Luna Park Washington Alexandria Gill C. BE Nicol Circuit Court

Reading Will Lower Rates On Pennsylvania Schedule

Philadelphia notes Reading Railroad clerks revising passenger tab based on a 2 1 2 cents tariff. Schedule to go into effect with Pennsylvania Railroad. Mrs Eugenia Hollins accuses William T Rollins of infidelity and seeks absolute divorce with custody of their child. H G Jomball represents the wife.

Pennsylvania Philadelphia Reading Railroad Pennsylvania Railroad Eugenia Hollins William T Rollins Rails H. G. Jomball

Also Mentioned on This Page

Panama Treasury Ttlinois Central Norfolk and Westerns Amalgamated Boston and Mosttans Great Falls Greene Union Pacific Bradstreet Soma Pittsburg Comcinnati Kasay City Detroit Tae Angeles Omaha Duffale Frorease Incrsass Augusta Birmingham Rense Mobile Keagile Jacksonville Fla Freeare Wilmaington Del Wheeling WooVa Teta Belaw Ne New York Stock Market Curb Market Ana Liverpool Griss- New ‘York American Tabsceo Daston Consolidated Ceper Hutte Coalition Central Pound Central Foundry Chicago Subway Fair FBI Pennsylvenia Cumberland Ely Tuichers Nevada Utah HE Copper Market W. 8. Hibbs & Co Bankers and Brokers Win Focal Shorts Aeroad Foston Walker Tocnorron & Boaton Troll Assel Idde Wool and Hides Local Financial West Virginia Southwest Virginia Tennessee North Carolina New York State Turkern Tome Uae Dos Aranges California Washington Cattle Market Metal Market Board of Experts Virginie Carolina South Carolina Georgie Cfa Ploritta Misabetppi Loulaian Ee Vexau Arkanna Miecourl St Oklahoms Eset Indian Territory United States Ag Abi NEW York Grain Chicago Grain Olie-North Lite South Lime and Indians Oi City Lima W. B. Hibbs Thos. S. Hume W. B. Hibbs& CO Washington Stock Hechenes Chicago Board Letters of Credit and Equitable Co-Operative Building Association X Joan Equitable Building F St John Joy Eden Eile Spaar Geo W. Canilaar Golumble Parapa Aceruad Swartzell, Rheem @ Hensey Co Warner Building F Etrest Northwest Napoleon Arthur Cowsill Colorado Building George WH Warrien t G_ Simbali Killam B King Mf Lothrop Thea W Noyes M M MoMtt H Ralston John B Sieman F H Smith B. Quincy Smith BE. N. Waters FW Woodward 74Th St Bond Montana Luna Mrs. Rollins Washington Loan & Trust Co John Joy Edem JOHN A_SWOPS Ellis Spear Andrew Parker Harry G Mbem Enyd Taylor Thomas Sradlat Wie Bresttent Presizent Ave Ee Azalstant Real Astata Ofcer National Safe Deposit, Savings & Trust Co Cor 15Th and New York Avenue U. S Citizens Savings Bank G Street N. W American Express Co Traders I National Bank Oney Letters of Credit Issued Exchange Riggs Yank Pa. Ave U. S. Treasury East Arthur Wall Lynn, Wall & Co Adams Building 1St Flest Balesandt Corre Ghesley & Spence Frendh Fieur Colorada Bigsey F Ste Nv Francis R. Dooley & Go la Droit Ride MEIGEELL &@ McLERAML
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