Market Weakness Deepens as Stocks Fall From Opening Highs
New York Feb 1 Prices of stocks sank from early highs as traders tested market strength amid renewed selling pressure on key names. Reading dropped 43 5 points while Amalgamated Copper and Union Pacific posted large declines. Smelting and Refining faced targeted attacks followed by broader profit-taking. Bank and bond activity showed mixed signals with London gold flows and shifting U S monetary expectations shaping sentiment.
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 Update and Rates
New York money market reports on call money at 1 percent, bills at 1 1/2 percent, and discounts around 4 1/2 percent. Discount rates show various figures for 30, 60, and 90 day bills, with steady exchange and demand showing limited real business activity.
MENTIONED IN THIS ARTICLE
New York
Government Etwady
Honda Easy
Wall Street Gossip and Bearish Rumors Rally
New York investors faced a Bearish mood as London quotes lifted early prices but prompted widespread selling in New York. The day saw declines in Pennsylvania and Union Central while Reading and Amalgamated Copper drew large volumes, with insiders and manipulators blamed for heavy trading on a few stocks.
MENTIONED IN THIS ARTICLE
Republic Iron and Steel
Pennsylvania
New York Central
Amalgamated Copner
Boston
London
New York
Copper market notes and stock exchange roundup
New York and Boston reports show copper prices steady with unchanged local and London markets. The article lists numerous railroad and commodity securities, plus financial notes on electrical expansion and future copper price expectations.
Wheat and Cotton Markets Slip on Bearish Signals
Chicago futures ease as favorable Southwest weather dampens demand for fall-sown wheat and cotton prices wobble amid reports of ample South American shipments. May wheat falls to session lows while nearby oats and corn futures show modest declines and flexible exports pace continues.
MENTIONED IN THIS ARTICLE
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
Duluth
May
Lord
Bank Circulation Grows Despite Mixed Totals
Treasury monthly statement shows January 21 totals for national bank notes outstanding at 596,197.56 dollars, up 52,987,499 for the year and 35,100 for the month. Circulation based on United States bonds stands at 319,695,574, up 43,322,825 for the year and 418,490 for the month. Security by lawful money totals 16,498,935, up 9,63,664 for the year and down 383,390 for the month. Bonds on deposit to secure circulating notes and public deposits amount to 170,202.
MENTIONED IN THIS ARTICLE
Treasury Department
National Bank
United States
CURB MARKET REPORTS MIXED PRICES ACROSS GOODS
New York curb market notes firm rye flour and butter with steady to unchanged prices for cheese poultry and hides while buckwheat and some staples show quiet demand. Cotton shows total world visible supply at 5 501 3 bales with U S cotton at 4 350 812 bales. treasury mint January output totals 7 236 820 dollars across gold silver and minor coins.
MENTIONED IN THIS ARTICLE
Bettimore
Southern
Southern White Com
New York
Pennsylvania
S A
New Orleans
Yesler
Brazil
India
Great Britain
Europe
Egypt
Bates
United States
Savannan
Treasury Department
Mexico
Local trust company offers wide fiduciary and real estate services
OFFICE Lox YTH AND F STs PAID UP CAPITAL 31 006 000 SURPLUS 690 000 EARNED Loans in any amount on approved real estate or collateral at reasonable rate Interest paid on deposits monthly balances subject to check This company acts as executor administrator trustee agent treasurer registrar and in all fiduciary capacities Vaults for rent burglar proof and deposit storage Estate Department ready to manage real estate Leadership includes John Joy Edson president John A Sivoe president Ellis Spear second vice president Andrew Parr treasurer Barry G Meem treasurer Boyd Taylor assistant treasurer Fredk Eichelberger trust officer Eng Eiger etc
MENTIONED IN THIS ARTICLE
John Joy
John A. Sivope
Ellis Spear
Andrew Par
Barry G. Meem
Boyd Taylor
Fred'k Eichelberger
Eng Eiger Een
Financial Condition Report of The National Safe Deposit Trust Co
National Safe Deposit Savings & Trust Company of the District of Columbia Washington submits its condition as of January 28 1907. The statement lists resources including cash items notes of national banks fractional currency and other assets with liabilities comprising capital stock undivided profits deposits and other obligations. Cashier George Howard and notary public Chas C Lamborn certify the figures as true to the best knowledge and belief with a roster of attesters and directors.
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
Axton
Wallkens and Trust
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
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
Reading
Amalgamated
Sterling Exchange
South Africa
Bank of England
Treasury Report
Brilien
Philippine Treasury
Wall Street
Lana
Joest
Reading, Steel
Amalgamated Copper, and Smelters
Bears
E. R. Chapman & Co
Northwest
American Tobacco
Richigan General
Atlantic Coast Line
Daltmore
Brooklyn
Central of Georgia
Chesapeake
Ohio
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
St. Louis
Iron Mountain
Connol
San Francisco
Southwestern Con
Seaboard Air Line
Toledo
St Louis
Weettin
Union Parc
United States Steel Seems
Verbas Ise
Wheeling
Lake Erie
Consin Central
Walker
Morrow
Beaton
Lake
Butte
Lake Superior
Arizona
Neilg
Tt 14
United
Metal Market
Hleser
Standard
Cleveland
Foundry Northern
Foundry Southern
Norty Yims
Booth Dime
Tadtang
Ion
Hive
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
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
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
Steeet
Chicago, Board of Trade
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
Miller
Chicago Grain
W. H. Hibbe & Co
Bankers
New York Exchange
Cago Board of ‘Trade
Jay’s
Seley
Liverpool
Memphie
Alsc
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
Pra
Continent
Brad Street
Culeago
Pittsburg
Angaa City
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
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
Washington Exchange Bank
Total
Sane
National ‘Bank
Thane Atove
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
Hanes