Market weakness offsets early gains in wary stock session
The market opened higher but failed to hold gains, with prices sliding after a volatile session. Readings for Reading and Amalgamated Copper fell sharply while Union Pacific dipped, as investors attacked so-called pool stocks and wary foreign sentiment lingered amid steady money rates and bank activity.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Stock Exchange
Amalgamated Copper
Union Pacific
London
Southern Pacific Railway
Southern Pacific
Lnes
Treasury
Special Deposit Fund
City of
New York Money Market Report Summary
New York money market shows on call rate near 1 percent with 28 percent bid offer. closing bids around 1% and 1.24% for small tenors. Six months at cant, prime mercantile power at 8.0? percent. Exchange weak with Demers Pills noted at 4.54 and 4.86 for demand and sixty-day bills. Posted rates show Commercial bills at 4.52 and 4.37 percent. Mexican dollars at 62 percent. government securities steady. Railroad bonds cited among items.
MENTIONED IN THIS ARTICLE
New York
Honda Assy
Wall Street Gossip Manipulation Seen In London Prices
A Feb 1 Wall Street note cites rising London prices before opening that fuel suspicion of market manipulation. Traders dump shares at the open, with Reading, Steel, Union Pacific, Pennsylvania, Amalgamated Copper and Smelters driving two thirds of activity as bears target a few key issues. London buys despite rumors of trouble in New York.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Wall Street
Lana
London
Joest
Reading
Reading, Steel
Union Pacific
Pennsylvania
Amalgamated Copper
Amalgamated Copper, and Smelters
Bears
E. R. Chapman & Co
New York Stock Exchange
F Street
Northwest
American Tobacco
Richigan General
Atlantic Coast Line
Daltmore
Brooklyn
Central of Georgia
Chesapeake
Ohio
Chicago
Alten
Burlington
Quincy New
Pacife
Sienere
Sihearay R. I
Pacific
Re Fu
Deant St Lows General
Colorado Industrial de
Berton Colorado Midand x
Coorsdo
Southern Gs
Nashville
Manhattan
Cosso
Minneapolle
St.Hissaurt
Kansas
St. Louis
Iron Mountain
Connol
San Francisco
Southwestern Con
Seaboard Air Line
Southern Pacific
Toledo
St Louis
Weettin
Union Parc
United States Steel Seems
Verbas Ise
Wheeling
Lake Erie
Consin Central
Boston
Walker
Morrow
Beaton
Lake
Butte
Lake Superior
Arizona
Neilg
Tt 14
New York Stock Market
C.B. Bales
Adams Express
Kansas City Southern
Amalgamated Copperey
American Car and Foundry
Louisvile and
Washville
Pas
Car and Foundry
Pitter
Ealean Central
M. Minneapolis
St. Louie
St. P. and & Ste
Migacart Pacific Mi
Pia
Missouri
Kangas
GEE
National Lent
American Locomotiva
National R. Ry
Mex
New York Central
Am. Smeltg
N. Y
Ontario and
Anaconda Mining Coq
Northern, Pacific
Atchisen
Pacifc Mall Ie
People's Gas
Daltimore
Pitts
Louis
Baltimore
Brooklyn Rapid
Canadian
Centrai of
New Jersey
Chesapeake and Gale
Republic Steel Rt
Chicago Great Western
Republic Steel
Ptd
Chl
N. W
Rack Island O
Mal
St. Paul
Perm
Soa
Pd. Cc
St L
Atv
San
Fran
Lewis Southwestern
Colorado Fuel and Iron
Lotis Southwestern Ata
BEM
Colorado
Southern Railway
BOM
Cormm
Tennessee Coal
Iran
Texas and Pacific
Woneeerne
BRM
Delaware and Hudson
St. Lowia
Weat
Det. Lack. and
St. L
Denver and
Rio Grande
Union Pacific Pea
Distillera’ Securities Te
United States Express
United States Realty
United States
General Electric
United States Rubber Pa
United States Steel
Great Northern Pa
United Star Steel P
Horking Valley
Virginia
International Paper
Wella Fargo Express
Westinghouse Electric
International
Western Union
Iowa Central
Wisconsin Central
Towns Central
Pfdai
W. B. Hibbs & Co
Steeet
Chicago, Board of Trade
Washington Stock Exchange
New York Stock Exchange Copper Market Roundup
A broad financial note lists securities from major U S and Atlantic Coast lines, and copper market commentary from Boston and New York. It reports copper prices, regional deliveries, and expectations for year average pricing, plus London market movements and local price quotes for copper and related metals.
Wheat Market Slumps Amid Bears Gain In Early February
The New York wheat market traded under pressure as bullish support faded and heavy unloadings appeared across all exchanges. Receipts stood at 79,000 bushels with exports of 146,510. spot values steadied while May and July futures drifted lower. Oats and cotton also moved, with corn softening and provisions easing late, in a session marked by bearish tone and rising selling by cash traders.
MENTIONED IN THIS ARTICLE
New York
Duluth
Miller
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Hieuch
Mayo
Ceeerieee
RLU
Chicago
Huahel. Com
Weather Bureau
Kansas
Nebraska
Argentina
Minneapolis
May
Lord
W. H. Hibbe & Co
Bankers
New York Exchange
Cago Board of ‘Trade
Jay’s
Seley
Liverpool
Memphie
Alsc
Bettimore
Southern
Southern White Com
Bank Circulation Growing Notes Outstanding Rise for Year
The January 21 Treasury monthly circulation statement shows national bank notes outstanding at 596,197.56 thousand with a yearly increase of 52,987.499 thousand and a monthly rise of 35.100 thousand. Circulation from United States bonds stands at 319,695.574 thousand, up 43,322.825 thousand for the year and 418.490 thousand for the month. Bonds on deposit to secure circulating notes are 170,202 thousand, with various increases and a deposit for public deposits.
MENTIONED IN THIS ARTICLE
Treasury Department
National Bank
United States
Market reports mix of grain prices and supplies
New York curb market reports steady activity with flour, rye, buckwheat, and butter prices. Cotton shows world visible supply at 5.5 million bales, U S mint January coinage totals reach $7.24 million with gold and silver obvious.
Office Lox YTH And F Sts Paid-Up Capital 31 006 000
A local trust and fiduciary firm advertises paid up capital of 31 006 000 with a 690 000 earned surplus. It offers real estate and collateral loans, monthly interest on deposits, and acts as executor administrator trustee and registrar. Services include burglar safe deposit vaults and vault storage. Management details list JOhn Joy Edson and JOhn A Sivope as presidents with multiple officers and treasurers.
MENTIONED IN THIS ARTICLE
John Joy
John A. Sivope
Ellis Spear
Andrew Par
Barry G. Meem
Boyd Taylor
Fred'k Eichelberger
Eng Eiger Een
National Safe Deposit Savings Trust Company financial report
Financial report for the National Safe Deposit Savings & Trust Company of Washington District of Columbia closes January 28 1907. Figures list resources liabilities deposits and profits with signatures from cashier George Howard and notary public Chas C Lamborn, attestation from company directors. The document enumerates capital stock undivided profits trust deposits time certificates and other bank items among detailed balance figures.
MENTIONED IN THIS ARTICLE
National Safe Deposit, Savings & Trust Company
District of Columbia
Washington
George Howard
Chas. C. Lamborn
Pcs Riggs
Thomas R. Jones
William BD. Hoover
copnayEy Blair
FE. So
Ann Anvings
John G. Athey
Hank
Ind. C. Athey
Tanuars
Paul F. Grove
Notary Publis
Correst
Chas. A. Douglas
George Plitt
A. FE
L. Leckif
James L. Karrick
M. A. Winter
Sane
National ‘Bank
Thane Atove
Columbia
McLachlen Real Estate and Loan Company
Ulekela
District “of Columbia
Bay
John A. Massie
John A. Massi
Mgi
F. Mandler
Notary Pupiic
A. M. McLachlen
James F. Hood
Firman R Horker
Cupita
United States
Eapemsen
Dieteticis
G. Clapham
Shave-Namat Bank
A. G. Clapham
Jos
N. Thompson
Drury
HL OR. Howenstein
FR. T. Janner
Also Mentioned on This Page
Amalgamated
Sterling Exchange
South Africa
Bank of England
Treasury Report
Brilien
Philippine Treasury
Republic Iron and Steel
Amalgamated Copner
United
Metal Market
Hleser
Standard
Cleveland
Foundry Northern
Foundry Southern
Norty Yims
Booth Dime
Tadtang
Ion
Hive
Priera
Albany
Maine
Fitchburg
Arge
Chemcal
Sue Tase Whey
Chemical
American Sugar
American Telephone and Telegrapha American ‘Oolen
Dominion Tron and Steel
Edison Electric
Osane Cone
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
Atlantic United Shoe Machine
Bingham
Wainnaaith
York Grain
Chicago Grain
Fed
Galveston
Ritetees
Oor
Norfolke
Barton
Philadelphia
St. Lowis
Cincinnat
Louisvile
Wis
Newport
Hrunswick
Jacksonville
Britain
Allc Lmz
Et Consolidated
Mid Poria
Grong
France
Japan
Great Britain
Pra
Continent
Brad Street
Culeago
Pittsburg
Angaa City
New Orleans
Minneapolla
Louisville
Detroit
Los Angeles Vives
Omaha
Aifluen Ve
St. Paul Oe
Denver
Nace
Seattle
Memphis
Richmond
Savannah
Atlante
Tas
Norfots
Birmingham
Wilmington
Dee
Chattanooga
Alee
Mtr Eee
S A
Yesler
Brazil
India
Europe
Egypt
Bates
Savannan
Mexico
Bia
Amerienon
British Columbis
Cova
Rly Cumber
Ee Aa
Great North Rts
Greene Copper
Greene-Cananea
Am Bay
International Batta
International Marchant Marine
International Merchant Marine
Mitchell Mining Nevada
Consoh
Nipissing
Standard Oil
Eee
Stbia
Tennessee
Prerrory
Aidelty Copper
IEG
United Copper
Stean
Washington Hy
Riec
Washington Loan & Trust Co
Ass’n
W. B. Hibbs
Thos. L. Hume
Ember
Washington Stock Exchange Chicage Board of Trade
Financial
United States Savings Bank
Weehington
Axton
Wallkens and Trust
Washington Exchange Bank
Total
Quincy Smith
INO
B. Sleman
Jir
Homer Guerry
TaNee F. Goodnan
BH. Wood
Jacob Thienmann
HA. Presley
National City Bank
District of Hae
U. S
Houw
Redespita
Fisk & Robinson Bankers
Cadet
State Street
Uptown
of International Banking Corporation
Connecticut Avenue
Murray A. Cobb
Sapoleon
Nare- Yeon
Arthur Cowsill
Sts. x
Swartzell, Rheem G Hensey Co
Warner Building
Gold Divide Mining, Milling, and Tunnel Company
Saramit
Park Counties
N.C. Fham
Pon
Broadway
Eee Cala
Savings Dept
TS Savings Department
the Traders National Bank
Woodward & Lothrop
a-Savings Union Savings Bank
Fourteenth St
Campbell-Hudson Co
ST. N. W
Merchants & Mechanics’ Savings Bank
National Safe Deposit, Savings Trust Co
15Th St
New York Ave
E.R. Chapman & CO
N. Y. Stock Exchange
G. B. Chipman
Burplus
Etters OF Credit
Exchange
Riggs Bank
Pa. Ave
App
U.S. Treavsr7
F. H. Smith Co
E. @. Smith
E. BD. Latimer
C. F. Nesbit
Jenkins & CO
Cella Commission Co
Massouri Corporation
Pully
American National Bank
St Santa
Lewis & Co
Francis R. Dooley & Co
le Droit
Frank Kane & CO
BR. M. Miner & Co
Svsg
Chesley & Spence
Orloes
Marshall & Foote
Cotton
Harrison Realty
Che
Hans