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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Dec 05, 1908
Page
17
Market summary notes a brisk rise in Stoges Wabash shares as a leader in daily dealings though overall financial news remains sparse. Traders show cautious optimism with notable but uneven gains across the list, while several issues barely edge higher amid light decisive activity.
The New York market shows mixed activity with Amalgamated Copper and other industrials quoted, notes on Liberty and Western railroads, and bonds. large totals traded with interest in miners and steel issues. A separate section covers the bond market with steady call money and mercantile paper rates and quotes for Treasury notes and foreign exchange.
Trading on the Washington Stock Exchange was notably larger than the week’s prior days with Washington Railway and Electric Company preferred leading on volume. Bonds showed little activity while capital traction and other stocks edged up slightly. Real estate sales included six Garfield Street houses bought for 2500 each by A R Townshend, plus a Carroll N Beale estate near Takoma Park sold for 20000 to R A Miller. Additional properties on Ninth Street, Jefferson Street, and Channing Street changed hands, with various homes and lots bought by local investors and businesspeople.
Washington stock quotations list varied issues from several exchanges and issuers. Notable entries include Washington Railway and Electric at 86 and 109, Mertheralier Linotype, Riggs Insurance 100, Capital Trust 10, Suburban 2s, Chesapeake and Potomac Telephone, and Dominion-area utilities. The page aggregates bonds, stocks, and miscellaneous listings with numerous prices and bid notes.
Prices for fruits vegetables meats and poultry shown with regional notes and market conditions. Read includes fresh produce like potatoes cabbage apples and pears along with dressed poultry and live birds. market tone notes light demand steady to firm prices and supplies varying by region and product.
Market notes show dull wheat with spot declines and new contracts in play. Corn and rye mixed prices, oats steady, hay firm, butter firm, and overall freight rates largely unchanged. Local volatility reflects varied export activity and regional demand signals.
White choose cattle active while other grades weak. Tambs shen choice in demand for better grades. Cattle prices show varied per cent figures across grades. hogs and sheep prices listed with prime and common differentiations. Lamb prices indicate spring and medium ranges, while cows present prime fresh and older, drier conditions with mixed values.
The London tin market closed lower with spot at 131 pounds and futures near 126 pounds half, copper around 62 pounds spot and 63 pounds futures, lithium/lead mixed, and local U S market dull as December trades persisted. The report notes unchanged local tone in several metals with sporadic price movements and forthcoming warrants.
Special to The Washington Post reports on a volatile Wall Street day with traders surprised by strength amid expectations of decline. Great Northern and Wabash shares shifted leadership while Great Western and other rails drew attention. Amalgamated Copper and American Linseed rose amid mixed trade news, with ex-dividend Delaware, Lackawanna and Western leading gains as speculation swirled about a possible Wabash takeover and broader transpacific trade optimism.
A Dun and Co report flags colder weather lifting retail demand and holiday trade though assortments remain cautious due to stock constraints. Industrial activity holds with pockets of weakness from water shortages impacting woolen and pulp mills. Shoe factories see forward orders, hides and leather prices edge up, and cotton goods demand steady amid improving commercial payments.
Chicago grain prices showed limited gains and steady to firm closes as corn and Wheat faced nervous trading within narrow ranges. December soybeans and May wheat edged higher while improved cash demand supported futures. rain and snow across the western belt influenced sentiment as futures withstood selling pressure but remained near recent peaks.
Market notes show varied cattle prices with steers and bulls mixed across regions. Receipts include hogs and sheep with steady to higher bids for dressed beef and calves, while lambs and yearlings trend differently amid fluctuating demand.
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