New York Bond Market Shows Mixed Activity Amid Year-End Trading
The Washington Post reports a choppy session with irregular up and down swings as year-end financial contracts influence activity. Stocks weakened in American and European markets while bonds gains spurred demand for Treasuries and corporate issues, signaling cautious investor sentiment.
New York Stock Market December 2 1908 mixed day ends lower
The New York cotton and commodity markets show a volatile session with December contracts slipping while January edges up in early trading. Trading focused on December and January futures amid varied cables and notes of anticipated notices and shifting long positions. results near day’s end indicate a net decline in cotton and mixed movement across grains and metals with widespread price adjustments.
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Wall Street Gossip Signals Holiday Trading Shift
New York stocks moved as holiday activity began with Union Pacific and Southern Pacific posting profit gains. Ex dividend notices and ex-dividend concerns influenced prices while American Smelting faced weakness amid smelting competition fears. Erie cutoffs promise stronger capacity, and mergers and acquisitions involving New York Central, Lake Shore, and Chicago and Northwestern frame a cautious market mood.
Washington Railway bonds draw strong demand at local exchange
Demand surged at yesterday's stock exchange meeting for 4 percent bonds of the Washington Railway and Electric Company. Prices rose to 881-2 to 881-8, with close at 882-8 bid and 883-4 asked, higher than Tuesday. Trading was light with few transactions in common stock. preferred stock sales to 86 and a quotation lot up an eighth. Mergenthaler stock rose to 208 3 4, Lincoln and American Bank stocks advanced without sales. Capita l Traction quotation lots bid 1301-4, Greene-Cananea and graphophone issues saw sporadic activity. Land sale on Georgia Avenue near Takoma Park junction to John MeMechhen for about 27 cents per square foot. Franklin T. Sanner sells residence at 174 Eighteenth Street NW. purchaser Mrs Mary Daley will occupy the home.
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New York Produce Market Wrap Dec 30
A bustling New York market note lists poultry counts including 124 fowls 13 turkeys and 13 dressed hens with steady and firm receipts for butter cheese eggs and flour. It records mixed prices and steady to firm readings across commodities from cornmeal flour buckwheat to leather wool lard and cottonseed oil, noting largely unchanged or dull tones in many items.
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Wheat market rallies on cool weather fears in winter belt
Wheat futures rose as traders priced in potential cold damage to the fallow wheat crop across the lower Missouri to upper Mississippi valleys. Dec 1084 1104 May 11113 28 112976 July 1264 closed. Cash and export demand supported gains with improved Western buying and strong Northwest markets.
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Treasury buys silver and reports shipments data
The Treasury yesterday purchased 75,000 ounces of silver for delivery at New Orleans and 50,000 ounces for delivery at Denver at 4 79 per fine ounce. Totals show figures on shipments and averages across named locations and entities.
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Broadway Attracts Warfield Carter and Boston Symphony
Belasco and Warfield present A Grand Army Man and The Music Master with a strong supporting cast led by Marie Bates and Antoinette Perry. Columbia Theatre hosts Oscar Strauss Viennese opera A Waltz Dream with stars Donnelly Brandt and Sadler. Mrs Leslie Carter debuts a new John Luther Long drama at New National Theater with 8% actors rehearsing. premiere next Monday. Boston Symphony Orchestra and Violinist Elman debut Tschaikowsky concerto in D major at the New National Theater Tuesday afternoon.
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Live Stock Markets Report From New York and Chicago
Market summaries show receipts across cattle veals sheep and hogs with varying shifts. Bulls and steers move higher while cows and hogs show modest gains or declines, and calf prices press for strength amid steady to firm Chicago cattle demand.
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