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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Aug 20, 1908

Page

20

Market Weakness and Signs of Distribution Across Stocks

Washington Post report highlights opposing views on market moves, with bears arguing heavy distribution and others citing high short interest. New York Central and Harriman stocks weaken after early pressure, while Union Pacific, New York Central dividend rumors, and rail- company losses influence sentiment amid mixed activity and cautious bargain hunting.

Washington Post New York New York Central Harriman Storks Harriman Sales

New York Bond Market Mixed With Dozens Of Listed Issues

The bond market overview shows varied listings across many issuers including Atchison and Maryland, with several 4s and convertible bonds cited. Notable entries include Baltimore and Ohio, Brooklyn Rapid Transit, Illinois Chicago lines, Missouri, Kansas and Texas, Reading, Northern Pacific, and Union Steel. Market tone suggests broad activity but specifics are fragmented in OCR.

New York Amenian Tobacco Atchison Quines Thea Roi Pacific Ry Hirago Pacife Mirago Weta Reneral A Widland Alorada Southern Soyene Ys Delaware Hudson Menvor Rao Grande Peulen Sie Renerygl Hi Mocking Valles Interboragh-Matropolitan Japan I Louse Nashville United Manhattan Consol Gold Mesitan Central Minn St Louis Missouri Republic of Cuba St Hows Iron Mountain Wee St Loui S San Francisco Louis Southwestern Seaboaca Air Line Southern Pacific Southern Faerie Fouthern Railway Terao and Pacific Tetedo St. Lows Weston Pacific Talon Pacite United States Steel Sdts Wabash Tats Marviand Ig Mheelinz Gake Erie Wispersin Central Geese Ulered Aod

Market Quiet as Only Three Shares Change Hands

Lethargic trading gripped the local stock market with just three shares exchanging hands. One Bell Telephone share sold at par and two National Metropolitan Bank shares at 210, while bid and ask prices largely held steady beyond minor shifts in Mergenthaler and Metropolitan National Bank. Attendance at yesterday’s meeting was final, yet August remains an active trading month with daily volume larger than in prior years.

Bell Telephone National Metropolitan Stock Exchange National Metropolitan Bank Washington Gas Mergenthaler Lanston United States Trust Metropolitan National Bank Baltimore and Ohip American Telephone and Telegraph Company Perhare

Washington Stock Exchange Quotations August 15 1908

Quotations supplied by Thos L Hume Co show stock market activity in Washington and New York. Listings include gas bonds and notes tied to the Metropolitan National Bank. Regular call at 12 o'clock noon, sales via Telephone of Pa. address 1919 Metropolitan National Bank location at 10th Street Northwest.

Thos. L Hume & Co Wash Neta Stock Exchange F Street Reguisr Cal Hell ‘Telephone of Pa Metropolitan National Bank

United States Treasury August 19 1908 Financial Snapshot

Treasury statements show August 19 1908 receipts 1 903 349 0 total expenditures 1 710 000 90 resulting in a 198 943 90 surplus for the day. Deficit for the year 28 272 012 and 54 403 874 98 for the month. Notes on gold and silver holdings, reserve fund, and outstanding issues.

National Tank Nesses Silver Coum Ana Philippine Treasury

Boston Closing Prices and Money Market Summary

New York money on call easy at 6 3 4 percent repying rate, closing bid and offered. Time loans light on large offerings at 1% to 2% for sixty days, 1 5 2% for ninety days, and 2 4 4 6 3 percent for six months. Some mercantile paper at 4 percent. Sterling exchange steady with discounts. bankers bills at 4.9800 4.8495 for sixty and 4.8640 for demand. Commercial bills 4.87% to 4.846. Bar silver 61 1 3. Mexican dollars 46. Government bonds steady. railroad bonds heavy.

New York Eutler Sterling Exchange Swady Bar Pilyer

Baltimore Markets Report Show Mixed Grain and Produce Prices

In Baltimore market notes, flour remains dull while wheat climbs on Western and southern cargoes. Corn holds steady with mixed bids. oats steady. Hog receipts near 29k. hay and butter firm. Eggs quiet. cheese firm. Butter and cheese prices listed. sugar steady. Fresh poultry supply ample. prices for various meats shown. Fruits and vegetables show uneven but active trade with Georgia peaches and Southern pears noted. apples, grapes, and melons vary by region and grade.

Baltimore Southern Semble Ancy Tency Creamery Boston Albany Baaton Maine Fitenberg New York New Haven Hartford Uni Pacific Chemie fumeriein-Aize Arfievican Raostera Towinton Iron and Steel Massachusetts Electric Macagiusatts Electric Pha Macsarchusetts Gas Butte Alfontie Copper Range Daly-West Shannon Utah Bos Norfolk Kiefer Georgia Western West Virginia Maryland Delaware Jersey D. Oo D. T Rouskiatons Carolina Mest OL — Epker South America Steedy Rio Santos ‘Ho Cordova Per Parret Fersey Cabbagus Usles

Wall Street Gossip Sparks Earnings Driven Selloff

Special to The Washington Post from New York on August 19 reports that NY Central stock fell sharply as traders linked the decline to recently published earnings. Observers noted Union Pacific activity and a broader, professional trading mood amid political and transportation concerns affecting rail stocks and earnings prospects.

Washington Post New York New York Central Wall Street Union Pacific Union Pacis Hs Central

Washington cattle market prices fragment

Fragmented OCR listing shows cattle and hog prices by weight and grade, including butchers and shedp categories, with incomplete and garbled figures for Hogs Calves and Lambs. Names, places, dates, or clear outcomes are not discernible.

New York Produce Prices and Grain Market Summary

New York markets report mixed activity across poultry, dairy, and grains. Wheat futures rise on short covering while spot wheat remains steady. corn and oats show firm spot tones with nearby futures modest gains. turkeys and eggs listed with varied receipts. butter and cheese receipts noted as steady to firm.

Chicago Grain Market Sees Moderate Strength Amid Demand

Active cash demand from producers and exporters supported Chicago grain as September futures rallied from early lows. Wheat held firm with September delivery leading gains, while corn and oats rose modestly. Receipts in the Southwest were light and demand remained steady, with weather in the Northwest favorable for spring sown crops.

Ontade Ie. Com Northwest Chicago Minneapola Minenapo's Duluth Kansas Nebraska WE. Ligher Ace Pierlatona Seeger Baety

Live Stock Markets Grain and Livestock Report

Live stock markets and cattle sheep hogs noted with mixed receipts and price movements across New York Chicago and regional markets. Cattle and hogs show firm to lower tendencies, calves steady to higher, lambs and sheep moderate, with regional price ranges and export figures for the day.

New York Pennsylvania Chicago

Dr Miles' Nervine Promises Sleep And Nerve Relief

An advertisement extols Dr Miles Restorative Nervine for sleeplessness and exhausted nerves. It claims the remedy soothes tired nerves, restores vigor, and helps users sleep soundly. A user testimonial from S26 Jay St Thies credits restful sleep and calmer nerves after using the product. The ad notes a money-back offer if the first bottle fails to benefit.

Nature Dr. Miles Jay St. Thies Beneft Money Bat Miles Medical CO Elkhart Ind

National Stock promotion vows huge profits with low price

A promoter urges readers to buy National Stock at two dollars per share, claiming profits to one hundred thirty dollars per share within two years. He cites partners Standard Oil and Rockefeller, and says the System and press agents spread a hostile story. He promises a fifty thousand dollar payoff to anyone proving truth in the claims. Pamphlets to be mailed tomorrow initiate a campaign with strict purchase limits.

Butte & Boston Standard Oil Rogers Rockefeller Boston New York Tme Butte National Lawson Spike Iherewith National Stock

Like Fair Will Case in Illinois Estate Dispute

Chicago Aug 19 The outcome hinges on whether Percival Raisbeck or the State of Illinois becomes beneficiary of a Chicago New York and New Jersey lands and life and accident policy estate after the bodies of George Raisbeck and his wife were found in Lake Sylvia near Annandale Minnesota The will contest mirrors the Fairs California case If Percival dies first he loses the estate leaving Illinois as heir with no other heirs involved

Chicago Percival Raisbeck Tlinois New York New Jersey George Raisbeck Lake Sylvia Annandale Minn Raisbeck Percival Reisbeck Percival Reisbeck California France Illinois

Dynamite Wrecks Vessel in Detroit River Accident

Thirteen men were seriously injured and six believed fatally when a dynamite charge exploded beneath the drill vessel Destroyer in the lower Detroit River near Amherstburg Ontario. The accident occurred as workers cleared a hole under the drill, with injured men including Detroit residents Elmer Carpenter and John Morey and six fatally injured foreman Gilbert Morenci and five others. The tug Columbia arrived to find the Destroyer severely damaged with boilers on end and injured men aboard.

Detroit Detroit River Livingstone Channel Amherstburg Ontario Elmer Carpenter John Morey Gilbert Morenci Stephen Autin Alexander Amelie Gus Bellecoure Ernest McGee John Bellecoure Carpenter Morey 142 Murfield Oscar ‘Irlat Edward Dorman David Leng Paul Trusdale Madison Wis Columbia

Mine Outrage in Pratt City Alabama

An attempt to blow up the residence of Thomas Duggan, a contractor at mine No 6, Pratt City, Alabama, using dynamite on the front porch. Duggan’s two daughters, 14 and 26, were knocked unconscious. Anthony Davis, a miner, was later identified but unharmed. Two African Americans were arrested in connection with the dynamiting amid unrest in the mining district.

Birmingham Ala Pratt City Thomas Duggan Tennessee Coal, Iran, and Railroad Company Duggan Anthony Davis

Also Mentioned on This Page

Union Paddle New Yorkity Railway F Pensylvania Sual Ohia Amencan Telephone and Telegraph Company Warrean London Faciors Bavn LOGAL Washington Stock Exchange NEW York Stock Market Wesday Washington Geersrtown Gas Washington Gre Doe Borus Capital Traction Gs Anacostia and Potomac Ity and Suburban Ag Columbia Baer Kec Wiscellanhoys Potomar Alentric Light Wasi Stes Chesapeake Wasington Washington Market Indy Traction Capital Ce Amalgamated Conger Kansas City Southern Washington Ry Asi Nashville Kortuls Sal Wash Koshayan Mexican Gentral Ie Waligton Gaz Minneapolis St. Louis St, PL Texas Fae Greene Cananea National Bank awiAmerican Sugar Rining Taawjsere Norfolk and West American Tobarco Fat City Ueiss Atchisons Commercia Atchisan Bali Brooklyn Sant Reading Gentral Leuther Republic Steel Republic Steeptoe National Safe ulCentral Rock Sland Co A Emon Trust Ghesapeake Onta Rocksland Co Azul Oz Washington Loan and Tras Great ‘Western Bho Land & Plan Inet Northwestern Louis Southwestern Home Chivasgo St Pault Merchants and Mechanica Savings Sepwig Ariingten Lolo Ptd Seutherp Doicoto Southern Railway Consolidated Gas Lle Tiremen Hudsom Tor SL Histers Pacific Peyote's Potomac Mts Wolfett Tied States Steel Pia Givat Northern Ove Virgin a-Carolina Graphonbane Wabash International Paper Wabash Td Eeu Westinghouse Electric Western Union Wheeling Lake Erie Kansas City Souhern Wisconsin W. B. Hibbs & Co Dankere Krakera New York Stock Exchanga Chiaxa Board of Trade Washta Sha Aa United States Treasury Curb Market Adams Express Tobaco Boston Copper Butte Coalition Shirega Subway Cumberland Ely Bay Consolidated Yexada Consolidated National Railway of Mexico National Hallway of Mexico Tevadia-Utahiea S. Ag York Money Market Agan Mr. Brown Washington Cattle Market NEW York Grain Nomlinsl Botegz Chicago Grain City Qaledo. Co Aue Tina Indiana Lima Im Thomas W. Lawson Alabama Metal Market Liverpool Wall Sweiter Standard Foundry Cleveland Ste Loesly Tron Northern See Southern Soft Mobie— Hazy Charleston York Oldham Ashton Rochdale Lancashire Philadelph Auguste Faport St. Louie Continent Ait Porte Britain Mexico W. Bairbs'& CO New York Stock Exchange Chicago Board of True Fibbs A. G. Plant & Co. Bankers and Brokers 14Th St Bond Building Treasury Supervision Home Savings Bank D.C Heiskell & Moleran H Street National Savings & Trust Company Cor New York Ave Thomas L. Hume & Co Washington’ Stock Exchange F Street N. W. Tel Oe National Riggs Bank PA Ave U. 8 Treasurt District of Columbia Swartzell, Rheem & Hensey Co 2Th Street H. Clarke Consolidated Stock Exchange G St Ouray Bidg
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