Stock Market Rally Traced To Short Covering Force
New York traders saw early gains erode as heavy selling on Monday and Tuesday faded, with short-covering modest but not enough to sustain gains. Dividends on Union Pacific and Southern Pacific were left unchanged, while overall market weakness persisted amid cautious demand and limited supply.
MENTIONED IN THIS ARTICLE
Union
Southern Pacifics
New York
Igian
Path Reckkas
Il Ra
Ocean
Fom
General Inc
CP Stacks
Baltimore markets and commodity prices overview
Market notes cover corn oats and wheat futures with receipts and prices from Southern white and yellow corn, oats No 2 white, and Western wheat. It lists futures at various months, spot quotes, and export activity, alongside a note on prompt payments from the Equitable Life and a Washington manager signature.
Wall Street Gossipy Market Action Probed By Bears
New York trading today aligned with a view that many issues were near a bottom while bear traders sought to force a short rebound and cover. American Smelting and Refining fell below prior levels amid dividend doubts, while Missouri Pacific and Louisville and Nashville retreated on broad selling and speculator chatter about Roosevelt statements.
Local Stock Exchange Closes With Light Volume Moves
Trading on the local stock exchange yesterday showed light volume with varied bids. Capital Traction 55 moved to 1095 8, Washington Railway and Electric Js hovered near 76, and Potomac Electric 1st 53 touched 101 1 2 while Chesapeake and Potomac 66 carried similar levels. The bond market reflected selling pressure for illiquid issues, while common stock saw weak early bids but a cautious close as court action loomed. Mergenthaler and Trades Bank showed some activity at near full price.
MENTIONED IN THIS ARTICLE
Capital Traction
Washington Railway and Electric Js
Potomac Electric 1St
Chesapeake and Potomac 66
Washington Railway
Elceurie
Tho Tone
Pew
Groene-Cannea
States Trust
New York Produce Prices and Market Notes Feb 13
Market brief listing live poultry, butter, cheese, eggs, flours, cornmeal, meats, oils, and staples with mixed changes. Western poultry and hog futures show steady to barely steady shifts. butter and cheese steady. eggs strong. coffee quiet. cottonseed oil mixed. molasses quiet. large item ranges and several price per ton figures noted for dairy, grains, and fats.
MENTIONED IN THIS ARTICLE
New York
Minnesota
Hagata
Central America
Santos
New York Grain Market Report Feb 13 Wheat Corn Oats
New York grain futures show weak spot demand and mixed cash bids as wheat exports reach 97 000 bushels with 104 886 bushels shipped and May 101 to 105 3/16 closing, corn receipts at 722 650 bushels with mixed elevator bids, oats 27 000 bushels exported and spot mixes steady.
MENTIONED IN THIS ARTICLE
New York
Duluth
Grain market reports and price shifts in May wheat and corn
The Chicago grain desk notes May wheat at new lows with a 28 percent decline from prior, and May corn, oats, and soybeans showing losses amid Argentina export hopes and unsettled weather. Slower U S receipts and domestic demand influenced a bearish day, with futures unevenly trading and prices retreating into the close.
New York Washington Produce Market Prices Summary
Wholesale prices listed for butter creamery eggs and poultry with live hens in demand in Tayhess and Southwest Virginia to North Carolina markets. Beef hog products and vegetables show mixed changes with steady to slightly higher prices for select items. notes on market tone influenced by forthcoming presidential message and cautious selling.
MENTIONED IN THIS ARTICLE
West
Virgina
Carolina
Creiss
Dariend Tayhess
Rholee
Cabbeges
Erate
Grmentngs Sci. Mt. Sweets Boots Spre
Florida
California
Grapetrust
Foresees End of Niagara as Water Rights Question
Dr Spencer Winthrop, a Canadian government selected geologist, tells the House Rivers and Harbors Committee he expects a large diversion of Niagara River flow within a year or two after power companies fully exercise their franchises. He warns this could drain or destroy parts of the falls, shift water to Horseshoe Falls, raise river banks, speed river flow, and impair navigation on upper lakes and canals.
MENTIONED IN THIS ARTICLE
Spencer Winthrop
Niagara River
House Rivers and ‘Harbors Committee
Winthrop
Horseshoe Falls
Huron
Michigan
Hasbere
Orie and Welland
Winthrop Beloves
Upper Rapids
Pennsylvania Railroad Investors Stand At 77000 Strong
Shareholders of the Pennsylvania Railroad system total about 77 100, including 29 000 independent stockholders in subsidiary and controlled lines east and west of Pittsburgh. The December to January balance shows 67 226 holders, up 1 16370, with women rising to 26 471 and European investors to 9 149.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania Railroad Company
Pittsburg
Pennsylvania Railroad
New Haven Railroad Earnings Fall in Latest Quarter
New Haven Conn February 13 The New York New Haven and Hartford Railroad Company reports for the quarter ended December 31 that net earnings from operating were 34 million a drop of 1 5 million versus the previous year's quarter. Net income from all sources for the latest quarter in 1907 was 0 39 million a decrease of 1 19 million from the same quarter of 1906.
MENTIONED IN THIS ARTICLE
New Haven
Conn
oMli
New York
New Haven and Hartford Railroad Company
St Lutins
Danish bank crisis ends with government guarantee
Copenhagen February 13 The Folkething passed a government bill authorizing four state guarantees to liabilities of the Freeholders Bank and the Nelaitlandlers Bank. Finance Minister Wilhelm Lassen said the banking crisis could now be regarded as virtually over.
MENTIONED IN THIS ARTICLE
Copenhagen
Folkething Today
Freeholders Bank
Nelaitlandlers Bank
Wilhelm Lassen
Court Approves Sale of 1217-129 New York Ave Property
District Court approves Chesley & Chester Teal brokers sale at 14 dollars net for 1217-129 New York avenue. Brokers own the property, currently residential with business use, frontages on New York avenue and H street, total area 586 square feet. Purchasers plan five six room houses averaging about 200 dollars per unit. Other transactions include Zepp Brothers buying 6% of Morrison Realty area at Elev erth and I streets for 882 dollars, Wright & Hopkins selling four two story seven room houses on Tennessee avenue, and Arthur P Steward buying a lot at Connerticut avenue and Street in Chevy Chase for 20 dollars to build a residence.
MENTIONED IN THIS ARTICLE
New York Avenue
Chesley & Chester Teal
District Court
H Street
Wescott & Wilcox
Moore & Hill
Stone & Fairfax
Zepp Brothers
Morrison Realty Company
Eleverth and
I Streets
Wright & Hopkins Real Estate
Tennessee Avenue
Iincoln Park
Arthur P Steward
Garrett Park
Thomas Iner
Connerticut Avenue
Chevy Chase
Steward
Wrong Use of Securities Resignation at New York and New Jersey Telephone Company
The treasurer, Ienny Sanger Snow, resigned Monday amid accusations of irregularities in office involving about $150,000. He allegedly used company stocks and bonds as collateral for loans to finance stock speculation, certifying unpaid stock as paid up to secure loans. Some purchased bonds for the sinking fund cannot be located, and the total involved is about $150,000.
MENTIONED IN THIS ARTICLE
New York
Ienny Sanger Snow
New York and
New Jersey Telephone Company
Treasury
Snow
Bank cashier resigns at Potomac Savings Bank
William D Green tendered his resignation as cashier of the Potomac Savings Bank at Wisconsin avenue and Millstreet northwest after more than four years of service. No successor named yet, but R Benjamin A Bowles, next in line for promotion, will probably be made cashier.
MENTIONED IN THIS ARTICLE
William D Green
Potomac Saings Bank
Wisconsin Avenue
Millstreet Northwest
R Benjamin A. Bowles
Casiier
Washington cattle market report and prices summary
Market details show cattle and hog pricing with per cwt and per pound terms, including prime and common grades. The text lists prices for hogs, sheep, cows, and cattle per hundredweight or per pound, with various grade indicators and totals, alongside a stray question about education and an illustrative note.
Old Coughs and a Doctor’s Remedy Proclaimed
A vintage health note urges keeping in touch with a family doctor for severe coughs. It promotes Ayers Cherry Pectoral as a trusted medicine for harsh, rasping coughs that shake the body, claiming many rely on it for relief.
MENTIONED IN THIS ARTICLE
Ayers
Ena
Listing of hotels and associated residents by city and state
A long OCR list enumerates hotels named Willard and related residents across many cities. Names, spouses, and sometimes towns appear next to hotel references in Baltimore Boston Philadelphia Chicago New York Pittsburgh Richmond Richmond, and other locations. The fragment reads like a directory of people residing at or visiting noted hotels with multiple Willard mentions and other surnames.
Live Stock Market Totals and Trends in New York
Live stock market notes from New York show receipts for cattle calves hogs and sheep with mixed steady or quiet trends. Calves common to choice veals and heifers sold around 4 to 20 per 100 pounds while hogs traded lower earlier and sheep lambs remained steady overall with yearlings and lambs quoted in the 6 to 9 range per 100 pounds. Volume estimates include cattle about 30047 head calves 9199 hogs 294 and sheep about 12000 head.
MENTIONED IN THIS ARTICLE
New York
Express Company Accused In Mail Fraud Charge In US Court
Cincinnati February 18 The American Express Company faces a federal suit filed in the United States District Court alleging violation of postal laws by carrying first class mail for a non business purpose. District Attorney McPherson claims a Belton Texas letter by Mrs Wil Brown ordered gloves and a $247 express money order, with no postage stamp on the envelope, violating federal statute carrying a $100 penalty.
MENTIONED IN THIS ARTICLE
Cincinnati
American Express Company
MePherson
First Clesa Mall
McPherson
Amécan Express Company
Belton Tex
Cincinnas
Wil Brown
Belton End
Court frees banker over million dollar bank failure
In Bellegal, Chardon Ohio, February 13, the Cheat Court set aside the conviction of R N Ford who was found guilty of unlawfully using funds of the private Ford Bros Bank at Burton, a bank that failed years ago for over a thousand dollars. The court’s ruling followed the alleged offense.
MENTIONED IN THIS ARTICLE
Bellegal
Chardon
Ohio
Cheat Court
R N Ford
Ford Bros
Burton
Paolo
Cordway
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