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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Aug 11, 1909
Page
37
Newark August report notes listless apathetic mood in stock markets with weak demand and little immediate buying. Short sellers cover positions amid cautious trading while crop and market reports shape faint price movements.
Special to The Washington Post notes that funds from a 5.06 million bond sale to Deutsche Bank will finance upgrades to the Denver line for Western Pacific traffic. It cites stock quotations, margin protections, and broker caution on pyramiding amid a slow, steady market with limited speculative frenzy compared with past booms.
A fragment from the Washington Stock Exchange quotes bonds and market terms. Names and details are garbled but reference Piney and Erie bonds and a notes list. The legible portion shows a brief bond listing with unclear issuer names and values.
A dense OCR snippet lists produce market items with prices and notes on turkeys chicken eggs and various fruits and vegetables. It mentions per pound prices for turkey and poultry and includes references to tomatoes corn radishes and squash among others. The text reads like a catalog of items and price cues rather than a cohesive news story.
The report details cattle and hog prices, grain futures, and money market activity with scattered data from New York and London. It notes cattle and calf sales steady yet uneven, hogs and cheese prices, and futures outlook amid broad market signals.
Stockholders in Cincinnati Ohio Aug 10 ratified the merger plan with Baltimore and Ohio railroad following approval of the financial reorganization by J P Morgan and Co The Cincinnati Hamilton and Dayton editors require further consent before carrying out the plan Baltimore stockholders also approved the directors action though 500000 of notes refused terms The Baltimore and Ohio has an option on Cincinnati Hamilton and Dayton stock exercisable within five years at 4160 a share.
The August 1 report shows overall crop conditions mixed across the United States with cotton, rice, hay, buckwheat, and apples below last year and decade averages. Wheat, corn, oats, flax, grapes, and potatoes show better results, while cotton, rice, buckwheat, and apples lag.
Baltimore August 10 All Maryland Steel Company departments are operating six days a week and workloads reach the highest since 1907 as railroads expand purchases. The latest order from Baltimore and Ohio Railroad covers 10,006 tons of Bessemer steel at 58.1 per ton, signaling strong market demand and future growth.
The report details a Virginia and Kentucky coal lands acquisition totaling 1.4 million dollars by Lee County Concern, obtaining 11 090 acres. The complex deal involves Consolidated Coke Company and multiple partners, with various licenses, patents, and stock movements mentioned in the tangled record. The fragmentary item notes August actions and regional energy interests across multiple counties and firms.
The report lists total fire losses for the month with insurance coverage figures. It notes amounts of 198.07 for bellums and 187 for alarms, plus an overall estimated total loss around 8.17 and total insurance figures. It mentions fatalities during the month and names Wegner from the department and the Commissioners at a day’s meeting.
The Sokehema specie Bank announced a transfer of $2.0 million in gold to Japan via the U S Treasury, with an equal amount shipped to San Francisco. Tim’s adds a note that 4 totes totaling $4.4 million have been exported to Japan by the bank to date.
NY grain market reports mixed activity with receipts around 4000, spot prices fluctuating and new lows tempered by late-day gains. Prices edged down from earlier lows before closing near unchanged to modestly higher on modest demand and mixed futures. corn and oats show slow advance while wheat holds narrow range amid cautious trading and revised delivery schedules.
Three men from Baltimore Charles P Tolson William Koontz and Joseph Koontz left Baltimore on bumpers of a Pennsylvania freight train bound for Washington and were found in Washington Street near Benning Crossing charged with investigation. Police pursued and captured the trio and Baltimore authorities expected their return today.
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