This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 19 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Aug 06, 1908
Page
12
New York stocks opened higher with traders noting broad gains in lead ing issues and several specialty stocks pushing to yearly highs. Atchison planned a 17 million dollar bond issue amid mixed grain signals from France and the Midwest drought reports.
New York money on call steady at 1 1 percent. Closing bids and offers quoted around 34. Temelosne dull and eightly amid limited trading. Sterling exchange weak with bakers bills at 44 50 and 4 4 1/2 percent for on any bill. Government bonds and railroad bonds show strength while urban mercantile and commercial paper display varied demand. Silver price and Mexican dollar noted.
The page presents a dense financial ledger with closing prices, receipts, and balances for various railways and national accounts. It lists Atlantic Coast Line, Baltimore and Ohio deficits, Treasury holdings, and outstanding government notes. Many figures are given in dollars and cents, with totals for general funds and available cash, alongside subsidiary lines and bond equities.
The Washington Post reports a renewed surge of money into business and speculation with no new market news, while big operators push stocks, metals, and rail assets higher. Observers note the Standard Oil influence, rising copper and lead prices, and hopes for abroad bond placement amid cautious optimism and shifting trader positions.
Washington Railway and Electric common stock drew the day’s activity with 300 to 400 shares bought by W. B. Hibbs near 85. At the same time 8,000 dollars worth of the company bonds traded and six shares of Capital Traction sold at 21 4 and 1 2. A National Board of Fire Underwriters circular reports five year fire losses at 251 million dollars. Georgetown Gas bids 108 1 4 but held at 112. A New York broker weighs crop prospects in North Dakota with spring wheat yield estimated at 240,000,000 bushels amid rust concerns.
Quotations from Those Hume and Co show Washington Railway and Electric at 81 and 82 1/2, Capital Traction at 128 and 126, Mergenthaler Linotype at 206 with multiple bids, and assorted 1000 share lots at various prices in a brief market update.
Market notes from New York on Wednesday August 5 1903 show Lanston 50 at 10s Alteral Traction 38 1 000 at 1127 Washington Railway and Electric common 50 at 34 00 at S41 Sd at 355a at SO at Bu BO at Br 5 at 35 AB at 3% Mergethaler 5 at 206 GS bonds.
Market notes show eggs and poultry supplies steady to light with various regional quotations. Vegetables and fruits list ranges for potatoes, cucumbers, cabbage, peppers, peaches, apples, and pears with regional differences and quality notes, reflecting wholesale conditions and price activity.
Market reports show wheat climbs driven by crop damage in the Northwest and hot weather. Corn and oats also rise while Minneapolis Duluth and Chicago receipts shift. prices hit daily highs on strong demand and futures activity.
New York and Chicago reports detail the suspension of Eastman & Co. Stock Brokers after Robert Eastman was arrested in Chicago amid accusations of taking books and funds. Police found bonds and checks totaling about $40,000, with$54,000 cited in pockets and liabilities undetermined. Partner Saya Eastman also took company records.
New York Aug 5 Poultry alive steady dresses weak Western spring chickens 13 to 20 fowls 2e. Receipts include 1187 extras 22 third to firsts and 18 21%. Flour receipts and exports 10100 firmer quiet trade. Minerota patent 6 40g 75. Coffee quiet with various grades noted Santos No 7 6e Cordova 9% 12%.
Baltimore reports mixed commodity activity with grain and feed prices steady to firm. Notices include firmer winter wheat, various corn futures, oats and rye levels, but butter and cheese markets show little change amid overall quiet trading across the region.
Spectal to The Washington Fest New York Aug K an announcement will be made in a day or so of a $17,000,000 bond issue by a subsidiary of the Atchison Railroad. The bonds form part of a $30,000,000 total issue and are secured by a mortgage on Bolen cut-off and a first mortgage on the Pecos Valley and Northwestern Railroad. Principal and interest are guaranteed by Atchison, Topeka and Santa Fe. Offerings priced around 94 to 95 1 2 and will be sold in New York, Boston and Philadelphia through JP Morgan & Co Lee Biggington & Co and Drexel & Co.
New York August 5 The Knickerbocker Trust Company directors adopted a resolution directing that the fourth and fifth installments of five percent each to depositors under the reorganization plan due December 2 and February next be paid on August 20 The board states the condition of the company permits early withdrawals on time certificates.
New York cotton prices narrowed losses as nerves eased after a down day. Active months fell 2 to 6 points with October and later positions showing modest declines, while January and March hit day’s highs amid late buying. Estimated daily sales around 125,000 bales. bull leaders sold, shorts supported late gains, and private crop reports remained bearish but with little near term improvement noted in southern spot markets.
Receipts show slow to lower demand with mixed quotes across cattle pigs and sheep. New York prices edge down with milder declines for veals and steady to lower for sheep and lambs. Chicago reports cattle and hogs near steady to modestly lower amid varying weights and classifications.
The Washington cattle market shows prices per cwt and per head for cattle hogs and sheep with entries for prime choice and common grades. Noted line reads Cadets' case not settled indicating an unresolved matter.
Secretary Wright of the War Department may visit the President again this week to consider further the case of eight cadets at West Point whose dismissal has been recommended. Col Hugh L Scott, superintendent of the Military Academy, is expected to join the conference to thrash out the question and decide the cadets’ fate.
A July bank clearings report compiled by R. G. Dow & Co notes widespread gains in interior cities and a total for the United States of 11,064,003,208, only 10.6 percent below July last year and 52 percent under July 1906. Normal late-summer activity is returning with payments near normal in most regions, though still lagging in parts of the South and West. Eastern manufacturing centers such as New Haven, New Bedford, Macon, Galveston, and Fort Worth show notable increases.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.