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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Feb 05, 1908
Page
9
Rail stocks lead advance as Union Pacific and Reading show strength. Pennsylvania system stops carry momentum with a larger than expected resumption of work in railway shops, signaling improved operating conditions and investor confidence.
A Washington Fort New York report shows stock and bond volumes fluctuating with 265,000 shares traded and bond deliveries around 7.47 million dollars. Prices edged higher at times amid cautious activity as traders weighed near term prospects and dividend news from major issuers.
A jittery market yesterday saw short covering fade as traders noted limited buying, with gas stock holders controlling activity. Banks remain pivotal, signaling potential liquidation but with underlying strength based on past certificate retirements and easing panic loans.
Capital Traction leads railcar sales with numerous small buyers as bids form near 118 1/2. Washington Railway and Electric preferred opens at 63 with 100 shares sold, closing 63 1/8. Common stock bids around 23 with 25 1/2 asks. gas stock trades briskly at 70 amid shifting prices. Market notes district residents of utility shares influencing sentiment and potential regulatory impact.
A dense list of closing quotations and market notes from Washington, covering railway and electric stocks, government bonds, gas and railroad issues, insurance shares, and miscellaneous securities. The fragment mentions Washington Railway and Electric, Chesapeake, American Nation Bank, Washington Gas, and various bond listings plus industry notes and storage securities.
The Washington produce market reports wholesale prices with many items at steady to firm levels. Fresh eggs, dairy, live poultry, vegetables, fruits, and meats show varying demand, with beef, pork, and poultry receipts described as steady to unchanged while seasonal commodities and regional varieties appear in price lists.
New Verheb wheat and oats prices show firm activity as summer weather weigh on supply. Spot futures edged higher on weekly receipts while reports warn of shorts covering before harvest. United Grain and North American markets reflect mixed demand and weather uncertainty.
An OCR filled report notes mixed grain activity in Chicago and Duluth markets with May wheat and oats propping prices while gains were limited by weak export demand. It cites improved futures interest from foreign buyers and a cautious tonnage shift, with receipts around 900,000 bushels and Minneapolis Duluth Chicago hubs showing varied declines and modest rallies.
A February 4 1909 New York stock market item notes early trading activity and prices across leading rail and industrial stocks. Market conditions show cautious gains and notable shifts in transportation shares amid ongoing economic concerns.
Market round up shows copper prices in London at 61 to 68 with futures tax included locally. Electrolyte values quoted around 13 and 12 12 percent while various southern and northern futures remain steady. Local activity notes higher prices but steady demand as market closes with little change to London spot values.
WEW YORK MONEY MARKET shows irregular bid activity with 1% offered for 2 time loans and 3% for ninety days. Quotes include 4% for 60 day bills, 4.50% for demand, and 4.83500 for sixty day bills. Government bonds and railroads appear in bids. personal letters from the Wintononten Bank Building list rooms 708 and 709 in proximity to the US Treasury.
Washington’s Post contest draws diverse participants seeking prizes and knowledge. Readers are urged to submit answers to daily picture puzzles, study the images, and act quickly to secure chances at cash awards while also gaining education and mental stimulation.
At Fisher Hall in Wisconsin Avenue members call for amending the current smoke ordinance as oppressive to businesses. Chairman J Staunton says enforcement is impractical with engines and smokepyre inspections. The group notes manufacturers face hardship under the act and backs drafting changes to ease compliance.
Judge Patna named receivers and special masters for Morse lines including Eastern Steamship, Metropolitan Steamship, and Consolidated Steamship. Appointed were Jastera Steamship Co, William Trobb, Calin Austin, Veropol, and others from Maine, Boston, New York, and Portland to oversee operations.
The court grants mandamus in favor of Columbia Hotel proprietor Thomas Bo Tetiye after the District Court of Appeals upholds the liquor license renewal denial. The decision hinges on police testimony and the hotel’s compliance with regulations, confirming the license denial and the authorities’ authority to grant a writ. The ruling preserves the hotel’s existing license status while addressing predictable enforcement questions.
The Comptroller grants permission for Brookin Bank to resume business on February 10 after months of suspension. Officials state the bank is now solvent and able to meet all demands with available resources and sufficient liquidity to handle obligations. The notice confirms a full restart of operations under strict oversight and renewed financial stability.
The Washington Navy Yard discharged about five hundred workers amid a funding shortfall. Workers were told services would no longer be needed and a sale of reserve items would occur at the renewal. The union seeks a ten day unpaid layoff for full staff to avoid further dismissals.
Receipts announced for all cattle hogs sheep and lambs on February 4 show total cattle around 600 head with steady to strong demand for feeders and a 47 cent heifer note. Calves around 204 with light to strong bids. hog receipts about 820 with steady to better prices. sheep receipts about 12 010 with strong demand and notable yearling and mutton figures.
Market report lists lambs hogs sheep and cow prices with rough OCR errors. Lambs quiet and lambs described. hogs and sheep prices given in per hundredweight terms. Cattle categories include prime and common cows and calves with varying price points.
Toledo Ohio tables show oil quotations and credit balances with numbers such as 17 for balances and 187M average, shipments around 1505, and 141 453 figures. North Lime 94 South Lima Indiana 69 appear among regional price lines.
James Wolfs ana gesepn Taylor of 449 Washington Street Northwest were held in $1500 bond after grand jury action in Police Court. They face charges of entering several bus teler shops and stealing garments sold to secondhand stores. A gold watch pawned with one garment belonged to Thomas P. Cronnell, robbed near Ninth and F streets last Wednesday night.
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