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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Feb 09, 1907

Page

9

Market Tug-of-War Signals Slow Rise on Harrying Taxes

Realizing sales followed a sharp advance, the New York stock market showed moderate liquidation with only small recessions in prices. Early gains persisted in industrials and rail stocks as investors weighed a possible shift in U. S. administration policy toward corporations and France's income tax proposal, while call money rose to 6 percent and a large silver purchase by the Mint was reported.

Washington Post New York Amalgamated Copper Chicagee Milwaukee St. Paul Atchison New York Central Pennsylvania Great Northern Paris London Bank of England France French Republic Union Pacific Spencer Trask & Co William and Pinestreet New York City

Money Market and Exchange Quiet in New York

Money on call stays steady at 2K 8 percent with bids near 41 2 and offers around 5. Time loans for sixty and ninety days show 5 and 6 percent ranges. Sterling exchange holds with bankers bills at 4.8170 to 4.8065. Commercial bills and government bonds steady with railroad bonds irregular.

New York Prime Mercantile Sterling Exchange

Wall Street Gossip Advances in call money boosts market activity

Special to The Washington Post New York February The advance to six per cent in call money fueled a late hour reaction but overall money conditions remained favorable due to a weekly bull stock movement and Friday borrowing needs. Short interest stayed high with large loans privately sourced. Rockefeller gave 32 million to education fueling rumors about Standard Oil holdings and Garb project. Union Pacific Anaconda Amalgamated movement described with suspected manipulation and insider behavior. Brokers noted improving investment demand, much from the West, with currency losses estimated between 3 and 4 million but money conditions expected to improve as stock demand grows and odd lots volume signals broader buying activity.

City of New York Delaware and Hudson Canal Company Great Northern Railway Company Minnesota Atchison Company Washington Post New York John D. Rockefeller Board of General Education Standard Oil Hart Anaconda Amalgamated C.B Adams Express Kansas City Southern Ptd Amalgamated Copper Hingrazen Louisville and Nashville American Car and Foundry Mexican Central Amp Car and Foundry of Poets Minneapolis St. Louis Minn St.e American St. P American Express Missouri Pacific Sac Missouri Kan Texas Kan Tex National R. R of Mex New York Central Ang Rfg Ont West Lea Norfolk and Western Northern Pacific Anaconda Mining Co Pacific Mall Atchison Fia Pennsylvania Atchison People’s Gas Atlantic Coast Line Baltimore and Ohio Lesm Pitts TAM Waitimore Ohio Brookyn Rapid Tranelt Pullman Palace Canadian Pacific Central of New Jersey Republic Steel Chesapeake and Ohio Chicago Great Western Chicago and Northwestern Hock Island Co Chicago St. Paul Rock Island Co Ina + co J Rubber Goods Louis Bris Louis Southwestern Colorado True and Iron E. Lewis Southwestern Colorado and Southern Steel-Shemfield Steel Cot and Southern Southern Pacific Col. and Southern 2d Southern Pacife Consolidated Gas Jasa Southern Railway Southern Railway Ptd Tennessee Coal and Iron Nelaware and Hudson Texas and Pacific Idel, Lack and Western Toledo St. L Denver and Rio Grande W. Pfd Union Pacific Tate Distillers’ Securities Tau Erie Union Pacific Pta United States Express Ilios aeelErie Ist Ptd Ota United States Realty w'Erie Virginia-Carolina Chemical Inter Virginia-Carolina Chem. Pia Inter Mat Wabash É International Paper Wabash Pid Ae Gay Et Sooj International Paper Pta Welshvarga Express International Pump Westinghouse Western Union Fa Wisconsin Central W. B. Hibba & Co F Street New York Stock Exchange Chicago Board of Trade Washington Stock

London tin falls amid mixed metal market readings

London tin slumped with spot at £191 and futures at 190 7s 6d while copper held steady. Local markets showed weakness or little change across metals including lead, spelter, iron, and electronical finds, with cattle and hogs commentary from U S markets also noted.

New York London Jake Standard Foundry Cleveland Foundry Northern Foundry Southern

Baltimore Markets Feb 8 Grain and Market Prices

Baltimore reports firmer wheat and oats with overall steady corn and rye. Receipts total 171,081 bushels with exports 141,000, while butter eggs and cheese show firm or active prices. sugar and other commodities hold steady. National bank notes, customs, and tax receipts noted alongside reserve balances and gold holdings.

Baltimore National Bank

Stock market shows slight gains amid varied issue activity

A quiet session on the Stock Exchange saw price levels mostly steady with only minor changes. Public utilities copper and trust stocks led activity while Washington Railway and Electric and National Savings and Trust volumes were notable. several bond and stock prices moved within small fractions as investors skimmed utility and rail shares.

Washington Railway and Electric Preferred Chesapeake and Foltomac Telephone Washington Railway Washington Railway and Electric BBC Norfokke Washington St Washington Gas Mergenthaler Mitchael Minng Natlong Hank Nations Safe Déposit Union Trust National Safe Deposit Stock Exchange Philippine Land Purchase District of Columbia Washington Gas Company Capital Traction Railroad Anacostia and Potomac City and Suburban Railroad Columbia Railroad Metropolitan Rail Metropolitan Railroad Wash Ington Bonda Chesapeake and Potomac Telephone Opvachinaton Market Company Capital_ Traction The Norfolk and Washington Steamboat Georgetown Gas Mergenthaler Linotype Laneton Monotype Greene Copper Mitchell Mining Company National Bank American Capital Central National City Columbia Commercial Farmers and Mechanics Lincoln Metropolitan Riggs Tyndera Washington Washngton Exchange Book Trust Company American Security and Trust National Safe Deposit and Trust Union Trust Company Washington Loan and Trust Union Trast Savings Bank Home Savinga Bank Union Savings Bank Merchante and Mechanics’ Savings Bank Fresurance Arlington Commercial, &. Corcoran

Washington Produce Market Prices Amid Snow Disruptions

A Washington market report notes snowstorms and speculative buying pushing prices higher while receipts stay heavy. It lists wholesale ranges for eggs, butter, cheese, live and dressed poultry, meats, game, vegetables, greens, dried fruits, and cattle notes, with emphasis on firm demand and varying quality concerns.

Virginia West Virginia Tennessee North Carolina New York State N. B New York Florida Bermuda Ohio York Imperial Ben Davis California

Chicago grain market ends mixed after export optimism

Wheat led gains despite corn and oats softening as bullish export news steadied the Chicago floor. May wheat rose to 8 05 4 amid firm Europe gains while corn slipped and oats weakened. Cash and futures volumes remained robust with steady hog allocations and mixed grain receipts.

New York Grain Market Report February Wheat and Corn Mixed

Wheat saw volatile moves with strong foreign cues lifting prices before profit taking eased gains. May and July contracts closed near earlier highs yet up to net lower on the day. Corn and oats weakened as Western weather aided unloading and spot prices held firm in limited elevators.

W. B. Hibbs & Co Bankers End F Street New York Stock Exchange Washington Stock Chica Board of Trade V . Bigh Chicago Minneapolis Argentina Europe Bradstreet Duluth Shorts May New York

New York Cotton Prices Reach New High On Covering

The New York cotton market showed increased activity and a new high in the upward move on covering and stronger demand. Close steady with net gains of 11 to 13 points old crop and 2 to 7 points new crop. Sales estimated at 225,000 bales. March at 9.53, May 9.68, July 9.80, amid rumors of a strong bull clique and better New England Southern spinners demand. Southern spot markets steady to fractions higher.

New York British Board of Trade New England Liverpool

New York Produce Poultry Prices and Market Slips

New York reports mixed farm commodity rates with Alive steady poultry fowls 18 turkeys 14 dressed steady Western chickens ti 1g turkeys 14 17 fowls A413 Butter firm unchanged eggs strong receipts 6946 Cheese firm receipts 2458 Flour firm quiet rye buckwheat meal corn meal hay dull lipids and other staples steady to firm.

New York Pennsylvania

Copper Market Sees Copper Prices Climbs on Demand

Boston reports Walkers copper letter in Saturdays Boston Commercial notes top prices for copper with Lake and electrolytic at 25% and 25 cents for May and June delivery. Immediate delivery copper quotes at 25 to 26 cents per pound. Demand remains strong despite high prices amid severe cold stormy weather and fuel shortages cutting production. Forecast to average at least 25 cents for the year.

Boston Walker

Weather Hurts Trade and Conservatism In the West

February market summary notes winter weather dulling trade across many markets while some Southern sectors gain from winter goods and footwear. Wholesale bookings for January and early February exceed last year in key areas like cotton and dry goods, with building activity checked and railways cautious amid potential corporate action. Iron and steel markets ease in the East as Western inquiries for malleable iron rise. coal, copper, and tubular goods stay active, while Cuban sugar prices fall and coffee stays steady. Wheat and grain prices advance, with shipments and exports rising. bank clearings show mixed gains.

New York Headstreet Tommerrow South Iron Workers Minneapolis Canada United States New York City

Also Mentioned on This Page

K. R. Chapman & Co G. B. Chipman Northwest American Tobacco Atchison General Atchison Adjustment North Atlantic Coast Line Brooklyn Rapid Transit Co Central of Georgian Re C Central of Georgia 1St Inc Central of Georgi 2d Inc Central of Georgia 3d Inc Chicago and Alton Burlington and Quincy Chicago, Rock Island and Pacific R. R Pacific R. R. Col GO. C Colorado Industrial Colorado Medi Colorado Firie General Hocking Valley Tepan Japan Louisville Manhattan Consol St. Lou Missouri Manassa Tozon Missouri, Kansas and Texas National Railroad of Mexico New York Central General Norfolk and Waster Oregon Short Line Pennsylvania Cr Reading General Iron Mountain San Francisco St. Louis Southwestern Seaboard Air Line Toledo, St Louis Western United States Steel Western Maryland Wheeling Lake Erian Mint Philadelphia Bike North Lima Indiana St Lous Prittsburg Cincinnati Hkawazs Cit New Orlean Minneapolia Detroit Los Angeles Omaha Providence Buffalo Indianapolis Denver Seattle Richmond Atlanta Oakland Norfolk Albany Maine New Haven Hartford American Chemical Dominion Iron End Steel Fdizon Massachusetts Electric Massachusetts Gas United Fruit United Shoe Mach United Shoe North Butte Atlantic al Bingham Shannon Copper Wall Street Tinion Pacific New York Stock Market Metal Market Treasury Report Local Financial Mitchell Mining Greene Jevels National Savings and ‘Trust Washington Stock Exchange Washington Produce Market Washington Cattle Market Cattie Etxra Coromon Chicago Grain NEW York Grain Bankers and Brokers Mag. Nat. Grom Stoca Galveston Mobile Savannah Charlenton Wilmington Newport. News Brunswick Oa Jacksonville Houston Augusta Ieee Porte Great Pritets Mexico Consolidated Aorta Britain Continent Conservatism Swartzell, Rheem & Hensey Co Warner Building UNION Quincy Smith Alvin M. Lothrop John B. Sleman, Jr G. O. Watson Jackson H. Ralston J. G. Kimbail Facebunt IS Bank Ith H ST. N. W B. Hibbs Thos W. B. Hibbs & Coo Bisiaineten National Savings & Trust Company Cor 15Th Street Washington Loan &Trust Co STH F Sts John Joy Edson John A Swope Ellis Andrew Parker Harry G. Meem Fichelberger SS Seles Sesa Istant U. S Merchants & Mechanics’ Savings Bank Fisk & Robinson Bankers Cedar Street Napoleon Arthur Cowsill Colorado Building 14Th and Kptua Shirec N. W. Cor Sts F. H. Smith Co Smith LD Latimer C. F. Negbit New York Ave N. W Savings Department Traders National Bank Gp Zeal Metals Coluxibine Ueurell & McLeram Uptown International Banking Corporation Connecticut Avenue E.R. Chapman & CO N. Y. Stock Exchange Broadway Washington Office F St. NW Washington Exchange Bank Oggrgerrs Columbia National Life Ins American Inc. Securities Co Burnham, Butler & CO la Sallie St Gold Divide Mining, Milling, and Tunnel Company of Colo N. Co. Upham H Street Wonder Goldfield Tonopah Bullfrog Patrick Elliott Jenkins & CO Cella Commission Co Missouri Corporation Mechanica American National Bank At, Louis National Bank of Commerce Third National Ist Third National Bank Jersey City Frank Kane & CO M. Miner & Co Potcadiphia Francis R. Dooley & Co St. le Droit Marshall & Foote Cotton Lewis Rx. Co Iso Bey Tamuin
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