Wall Street Prices Edge Lower Amid Slow Week
A subdued week in the market sees little movement as prices sag modestly. Analysts note undiminished national prosperity yet warn that pending large deals and rate bill prospects may temper declines. Investors focus on corporate outlooks and potential shifts in coal and oil sectors amid cautious trading.
Entangled Coal Debates Stir International Markets
Discussion centers on miners unions pressing joint demands for anthracite and bituminous coal while railways fear shortages and price controls. Bankers weigh trust company reserves, interstate rate powers, and Wall Street liquidity amid currency strain, with Russian gold and European markets watching closely as time money tightens and industrial demand cools.
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Hepburn Ralwar
House of Representatives
Washington
Tate
Ruesan
Ninances
Peck
Interstate Commerce Commission
Congress
Tos
Teserve Ouestium
Mainte Merce
Albans
Walt Streves
Pezards
Imperial Bank of Russia
Insolvency Alleged In Bank Case Against Rev L Kelly
Berni Fiebtt-Tiat of the de- Powter of the Peoples Satings Bank charges insolvency in U S Court against Rev L Kelly. Bank seeks bankruptcy declaration and receiver appointment as deposits total about 12 600 with assets including building and securities.
MENTIONED IN THIS ARTICLE
Berni Fiebtt
Peoples Satings Bank
George Ho Simons
United States
L. Kelly
G Rutner
Beame
Tobacco Prices Steady as Farmers and Speculators Rally
Receipts on Danville and South Boston markets remained heavy while offerings softened little. Prices held firm with buyers alert. speculators resumed activity as hogshead market stayed active. Lynchburg and Durham reports show rising sales, improving weather aiding burn and bed work.
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Washington Post
Danville
Hogshead Market
Lynchburg
Boston
Paller
Durham
Our Railways In Bad Light
Privy Councillors Hof and F Schwabach sent by the Prussian government to study American railroads publish a critical comparison. They contend American lines show higher passenger and freight costs, claim U S statistics mix freight and mail subsidies with express company data, and note Prussia bears higher construction costs. They estimate adjusted freight costs would narrow the gap between nations.
MENTIONED IN THIS ARTICLE
Perth
Hof
F Schwabach
United States
Herren
Schwabach
Awerica
Prussia
Elas
Herren Hort
Schnabach
Trade With Spain and Portugal Grows in 1905
The United States ran trade with Spain and Portugal totaling over 334 million in fiscal year 1905 per a Commerce Department report. Imports from Portugal rose sharply while exports to Portugal declined. main exports to Portugal included raw cotton and tobacco. Exports to Spain reached about 17.9 million, with raw cotton leading among principal commodities.
MENTIONED IN THIS ARTICLE
United States
Spain
Portugal
Department of Commerce and Labor
Start War on Absinthe Said to Kill Tens of Thousands
Paris February 11 trades unions of France aided by Left Deputies prepare a national petition to prohibit absinthe manufacture and sale. Prominent Academy of Medicine members back the drive claiming absinthe kills tens of thousands annually, causes epilepsy tuberculosis madness and crime. Swift & Company reports trash beer sales in Washington DC averaged 4.45 cents per pound for the week ending February 10.
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France
Washington
Paris
Academy of Medicine
Swift & Company
Washington, D. C
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