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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Aug 26, 1908

Page

2

Market Out of Tangle Decline Instead of a Rise

The Washington Post reports on August 2 1925 that A B Brown & Co failed to meet engagements, triggering a market tumble. Bearish sentiment followed as deliveries went awry, irregular witness trades surfaced, and the stock exchange announced a committee to probe last week’s events. Copper stocks rose on cover, while London trading was subdued and interest shifted to Interborough Rapid Transit and Missouri Pacific figures.

Washington Post New York Brown & Co The Stock Exchange Frm Committee of Investigation Suck Exchange Rock Island

Wall Street Gossips On Stock Movements And Failures

New York traders faced a second day of price moves driven by last Saturdays sessions. Witness purchases surged as brokers covered short commitments in Rock Island and South John Pacific, amid rumors of a Rock Island reorganization. Reports claimed stock was supplied by the failed firm to cover dealings, prompting concern over delivery failures and calls for strict exchange rules to prevent a repeat. The market showed cautious resilience as big hands aimed to hold prices steady until the turmoil subsided.

Washington Post New York Rock Island Rock Island Securities Back Island A. O Brown & Co Southern Pacific A. O. Brown & Co Fim Stock Exchange Pped Themas

U S Trust Leads Quiet Stock Exchange Trade

U S Trust led in the local exchange with 70 shares traded in a single broker run at 94.34 to 95.00 while Potomac Fire Insurance saw 12 shares bought at 27 and trading remained light as many brokers remained away on vacation. Capital Traction drew attention with 20 shares changing hands. Washington Railway and Electric offered little activity with common at 5 and preferred at around 83. The market closed with The Trust at a 130 asked price and many brokers still absent.

Potomac Fire Insurance United States ‘Trust Dar Washington Railway and Electric Bros. L. Huma & Co Workington Stock Exchange F Street Capital Traction Uh ‘Unton Trust I Potomac Fire Insurance Georgetown Gas Washington Gas Washington Geo Cert Anacostia and Potoma City and Suburban Bs Columbia Se Columbia Ware Metropolitan Wantington Elec Potomas Electric Light Washington Ry Hlee Pti Am. Gar and Foundry Sda Louravne and Nashville Norio and Wash Steamboat Am. Car and Foundry Oy Minneapolis St. Louis Washington American St. P Ste. M Dissouri Pacific Brig Boogee Boll Telephone American Ice Securities Kank Agi Texas Kans Texas Pta American Locomotive National Lead Arperican Loecomotive New Fork Western Greene-Cananes Norfolk and Western American Sugar Refining National Bank American Tobacco Northern Pacife Tool Pacific Mallinaeta Lang Igl American Woolen Capital Anacondé Mining Co Pennsylvania Ottr Atchison People's Gas Atchison Pi BAYS Ifitts Shanate! Oe Whatlantic Coast Inc Baltimore and Ohio Pullman Palace Jaae Lincoln Metropolitan Baltimore Ptt BAYA Brooklyn Canadian Pacific Republic Steel Babbs Trust Company Central Leather Republic Steal Rock Island Co American Security and ‘Trust Central of New Jersey Rock Island Go Chesaneake Ad Pta Union St. Louis Southwestern United States Trust Washington Loan and Trust Chicago Great Western Chicago and Northwestern St- Louis Southwestern Pro Chi MIL and Bt Southern Pacifle Mt Tug Rep Colorado Southern Railway Colo Southern Arlington BES Columba Gas - Beas Tennanes Copper Delaware and Hudson St L Denver Rio Grande West PrankHn Menver & Rio Granda Juan Pedoc Rman Eh Stillers" Securities Erie Potomac United States Steel Gerer Great Northern Tlah Carolina Cherledl Interborough-Aetropitan Interborough-Met Baty International Paper Westinghouse Electric Tle Merchants Transfer Jet Western Union International Pomp Wheeling and Lake Erie Iowa Central Central Kansas City Southern Hibbs & Co New 1 Brokers Stock Exchange Chicago Board of Trade Washington Stock Exchange Washington Railway and Electric Capital Traction Bank Trust Company New York Washington Stock _ Exchange Baltimore and Ohio Railroad New Union Station ROYAL Blue Line Philadelphia New Terminal Royal Limited Pullman Phidelphia Rio Louisville Pittsburg Geaveland Solumeue Wheeling Winchester Frederick Sagaretown Nnapolis Moon Sunder G St Mcket Main Burseu KHH Annapolis Naval Academy White Houze Piftrenta HB Streets Angapalli Thro Poe Acbh TSO Imsted Naval Academy Junction Battimora Anpapolic Naval Acmdatryy Ce White Houe Ith N.Y. Aye N. W White House H. E. Tateptons M Anchesapeake and Ohio Railway Dally—Faut Ven- Abele Traio Lexington Loubeails Gincinnati Indianapolis Chicago St Louis Virgindy Hot Springs Dally Cincinnati Lelington Loulaville Virginde Hot Springs Memphis New Orleans Pennsylvania Avenue Chesapeake Ebrach Chesapeake Beach BEE District Line Bayly Waters Menexor Dal Rou Sackwangte Rey Ee Rayne Alew Tacwin Port Tampa Pia Augusta Naclaston Wilmington N.C New York Avenue Northwest Union Station Geo Jamer Washington TC Graig Plt Wits Southern Railway Froreg Pablicn Atta Birmingham Mobile Czlifornie Harrigonburg Danville Charlottenville Ang Bilnemont Ke. Brown Norfolk and Western Railway Alto Kockville Fhaitancoge Norfolk Ncos P Dairfyville Luray Ue Bikton Bouthwent Fourteenth Street Avenue Ae Geen Seaboard Air Line Railway Penn. Ave Hamlet Allema Seaboard Express Coches Savannah Jacksonville Yampa Atlanta M Mobis H. Stansell Washington Southern Railway Richmond Fredericksburg Bsea Ze “Lace Tee Brodericksburd Oad

Washington Produce Market Prices Reported in Quoted Ranges

Wholesale prices in tonight's market show eggs firm with active receipts and a sturdy dairy section. Poultry demand mixed with steady hens and quiet turkeys, while dressed poultry and meats reflect varied per pound rates across eggs cheeses vegetables and fruits from Virginia to Maryland and Delaware, with several open quantities and open market items noted.

West Virginia Southwest Virginia North Carolina Acme Bae Buneher Ples Gravenstein Maryland Delaware Elcratl Oree Crete

New York Cotton and Bond Markets August 25 1908

Markets opened steady amid mixed receipts and Wall Street liquidation. Cotton prices rallied early then fell as Treasury notes and bank failures influenced sentiment. Government bonds andy equities fluctuated with a large outstanding note issue and a reported bank collapse shadowing trading in New York and Boston.

New York Wall Street Cory Roene Yowrenss Skuinzoran Aitver United States Wall’ Street Treasury Anerican Tobacco Amomican Tobacco S. Atchison General Atchison Atlantic Coast Line Baltimore Baltimore and Ohio Brooklyn Rapla Transit Central of Georgia Sa - Central of Georgia 1St Inc Central of Georgia Gd Inc Chesapeake and Ohio Chicago and Alton Chicago Ancy New Enieage RTP Dsi Oshieiy Sentimental R. L Pacific RR Pacific St. Louis General Crleraay Induatelal Colorado Midland Cowrate Southam Delaware and Hudson Philippine Treasury Georgia Denver Aid Rlo Myleion Aurust Hocking Valier E Nees Qatar Paolo Ae Ee Gea Gaeta Tor Japan JAMAT Louisville Nashville Manhattan Consol Gold Mexhan Gentral Mexican Central Ist Inc Minneapolis and St. Lous Missouri Kansas Texas Bissouri Ratwnal RR. of Mexico Consol New York Central General Tiga New Jersey Central General New Haven Har Marcas Aus BR Lab Albany Fernsylvania Consol Boston Maine Nowinal Pitchburg Nan Myven Hertford Union Pacific American Arges American Arge American Pneumatic Tube Ee Republic of Cuba St Louis Unlor, Faewie United States Steel Western Mermand Wheeling and Lake Erie Wisconsin Central Edieon General Electric Massachusettes Massachusetts Electric Massachusetts Gas United Pratt Duili United Rugid Bates de Soreau Alt Porte Great Britain Ris ST France Continent Aseae Britain Fae Bsa Tapas Ets Giedico Lagenen XNI

Metal market update shows mixed London and local activity

In London tin and copper prices were quoted firm to unchanged while local markets showed weakness and dull trading. Lead and zinc barely moved with London readings slightly higher. Foundry iron and alloy quotes drifted, North and South listings near 16 to 17 shillings, reflecting uneven demand.

New, York Aug. H London Hagiem Foundry Northern Norther Gt Souther Southern

Money Men At Luncheon In Paris Visit French Finance

Ambassador Tweaty White hosted Senator Daniel of Virginia and Representatives Vreeland of New York Overstreet of Indiana and other members of the national monetary commission in Paris. They studied France's monetary system at the Bank of France and Credit Lyonnais with M Pallian and Beron Brincard as guests. White plans a trip to Scotland for ten days of shooting in the Highlands.

Paris Tweaty White Daniel Virginia Vreeland New York Overstreet Ambassador White Scotland Highlands

New York Money Market Rates and Bond Listings

New York money market figures show call money around 4.4 percent, with closing bids at 1 plus. Time to gas and 90 day and 6 month rates noted, prime mercantile paper about 4.4 percent. Sterling exchange weak with bankers bills around 4.819 and 4.810 for demand. Government bonds and silver, Mexican dollars, and railroad bonds mentioned in brief.

New York Prime Mercantile Sterling Exchange Commarea Ber Dellara Honda

New York Produce Market Reports Aug 25 1900s

The New York market shows poultry prices steady for alive products and firm for eggs and cheese. Wheat, corn, oats, and rye futures in New York and Chicago end higher amid delayed harvests in Canada Northwest and thin cash demand, with strong closing for wheat and firm provisions.

New York Duluth Npot

Baltimore Markets: Wheat and Corn Steady with Mixed Receipts

Baltimore market page reports firmer wheat with active spot and contract trading, various August September December prices, and substantial receipts of wheat and corn. Corn dull, oats steady, rye quiet, hay steady, grain freights and butter noted as unchanged. flour firm with limited details.

Baltimore Southern Zogai

Live Stock Markets Mixed as Receipts Shift in Aug Trade

New York live stock market reports show receipts around 420 cattle with steady tone. Cattle futures quoted lower in latest cables while export totals forecast 42 cattle and 73 sheep for today and 4,000 beef quarters anticipated. Calves, sheep and hogs show mixed but generally steady to easier tendencies across regions. Chicago notes indicate steady to easy demand with varied ranges for steers heifers bulls and hogs, while lambs and yearlings fluctuate amid lighter activity.

New York Uchames Chicago

Money Changers exposes Wall Street crimes in fiction

Upton Sinclair novel The Money Changers is read as a thinly veiled expose of finance and powerful men. Lucy Dutree meets Stanley Ryder of Gotham Trust and discovers a world of speculators, wealth, and danger centered on banks, yachts, and high society.

New York World Upton Sinclair Wall Street Trinity Church Sinclair Dodge & Co Hearrt New York Lucy Dutree Sda Montagues Amart Stanley Ryder Gotham Trust Company Lucy Allan Montague Ryder Montague Gotham Trust Imey Montague Stoge Lfe Will Roberts

Also Mentioned on This Page

Brown Rialinto Burray Interborough Rapid Transit Company Bryan U.S. Trust Washington Cattle Market United States Treasury Metal Market Curb Market Senator Daniel Biate Gas Coalition Ee Subway Miteben National City Abip- Stendar United Copper South ‘Wash Ima Indiana Tiops Wentern Rene Eo Crude Santor Cordova NEW York -Grain Chicago Grain Canadian Northwest Minnesota Dakotas Eralus Priser Bordin Bert aTiy Nee Hat Ae Baltimore Markets Dana Waterman Treasury Department Beck and Call Lucy Duprea Taylor Lacy Pike Pike Adding Machine CO Orange, N. J U.S.A Munesy A. G. Plant & Co. Barkers and Brokers Wath St. Lond Building Union Savings Bank Savings Bank 14Th Street N. W Thomas L. Hume & Co N. W. Tel Bose District of Columbia Swartzell, Rheem Hensey Co Sth Riggs Sank Opporite U. 3 Treasurt U. S. Treasury Home Savings Bank Mase. Ave H.W Tth H Sts Otrens CREB International Banking Corporation S. H. Clarke Consolidated Stock Exchange of New York Ouray D. C Heiskell & McLeran
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