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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Feb 10, 1906
Page
25
New York traders saw a renewed push in some recently lagging issues with Northern Pacific at the forefront amid overall sluggish sentiment. Analysts cite short interest and possible corporate moves as factors while weaknesses in the broader market and weak bank statements temper optimism.
Closing prices show bids and asks for multiple issues including Peston Albany Fueton Maine Pietn and American Telephone. Entries reference bonds and stocks with figures such as registered refunds and coupon statuses. names of rail, steel, textile and utility firms appear with price data.
Special to The Washington Post from New York on eb. 3. Market gains spurred by coal labor rumors. Hill’s dealings on ore lands cited as possible cause. Wabash debentures earnings alleged for distribution. Pennsylvania stock buoyed by London buying, while Union Pacific rises on short covering and new brake tech pricing boosts. Northern Pacific and Great Northern seen with potential stock rights, but conservative dissent restrains further buys.
Market status shows numerous bond listings across American Tobacco Atlantic Coast Line Baltimore and Ohio Central of Georgia and others with 4s 5s and 44s denominations. Investors seek yields as quotes fluctuate with company specific notes including Erie Reading St Louis Iron Mountain Northern Pacific Union Pacific and Southern Pacific bonds. Desperate straits are described as curable by Dr King’s New Discovery for Consumption available 3c and 1.00 from druggists.
Money on call ruled at 4 1/4 to 4 1/2 percent with bids at 3 1/2 to 4 percent. Time loans steady. Sterling exchange firmer with bankers' bills around 4.3725 to 4.8725. London tin up 10s to 128 1d, spot 165 pounds, futures 168 15s. Copper steady at 78 10s spot, 17 futures. Local markets quiet with no major changes in copper and lead. Foundry iron and copper prices overall steady locally, with Northern and Southern foundries quoted at 19.25–19.35 and 17.16–18.75 respectively.
Baltimore markets report dull flour with steady rates and strong grain sections. Wheat futures rise slightly while corn and oats show varied quotes. dairy prices hold steady with slight firmness in butter and cheese.
Local financial reporting shows bonds at 4280 dollars in sales versus 5100 and 8000 the prior two sessions. Greene Copper rights issue discussed as New York ex rights trading occurred, with 15 new shares available per 100 old at 25 and books to close February 20 after today’s meeting. Several banks and utilities moved modestly. Greene Copper, Washington Gas, and Norfolk and Washington Steamboat were notable amid a broad list of bids and sales across the district market.
A fragment lists Ten Steamboat 296 alongside the Really Appraisal and Agony Company and the Mitchell Mining Company with Southern Public Service Corporation, marking items tied to numbers and a phrase sex rights.
Market shows heavy egg receipts and dull trading with weak demand for non fancy grades. Butter and cheese hold firm on high grade and active under grades. poultry prices steady to firm with strong demand for young birds and ducks. Vegetables and fruits move slowly with slight price gains on spinach tomatoes and potatoes. stock of apples and oranges rising modestly.
In Washington cattle market report readers see a mixed, distorted listing of cattle and hog prices with multiple typographical errors. The text mentions veal calves, sheep and lambs, hogs, and cows with assorted price ranges per hundredweight and per pound, but figures are corrupted and hard to parse.
New York live stock markets show steers steady to firm and cows steady with sales. calves steady with price range around 5.00 to 9.50. sheep and lambs firm as lambs move more freely. Chicago receipts show cattle weak to рынке. heavy conditions and packing weights in the 5.90 to 6.00 range. sheep and lambs steady to firm with lambs around 6.50 to 7.26.
Wool wanted for sale with weak demand in the hide market. Wool terms listed per pound with varying quality, including unwashed and burr-free grades. Prices shown for greens, dry, and specific items like sheepskins and calfskin with miscellaneous animal skins and values. An unrelated patent medicine claim closes the notice.
The annual report proclaims strong earnings and a first January dividend. It notes 200,000 tons of ore in one mine, vast copper deposits with gold and silver in ore to cover production costs, and plans to fund rail and power projects by increasing capital from 225,400 to 300,000 shares. Subscriptions at par $10, secretary Myrati Martin, New York.
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