Money Market Sags As Rates Rise In Inner Stock Decline
The note outlines a broad market slide driven by higher money rates and liquidity concerns. It cites a rise in money rates to 5 1/2 percent for longer terms, tight bank liquidity, and a rush by commission houses to secure funds, dampening stock activity and leaving investors wary as February progresses.
MENTIONED IN THIS ARTICLE
Inetian
Wall Street
New York Money Market and London Tin Markets Report
Money on call held steady at 4 percent with active 60 and 90 day loans. Sterling exchange weak with bankers’ bills around 4.86 for demand and 4.33 for sixty days. commercial bills quoted near 4.32. English tin market fell in London. local copper and lead prices broadly steady with varied futures and spot quotes across North American markets.
MENTIONED IN THIS ARTICLE
New York
Joans
Sterling Exchange
London
Standard Foundry
Cleveland
Engtien
Founthry Northern Ts
Norther
Boutherr
Foundry
Southern
Wall Street Gloom As Money Rates Hit Highs
A Washington Post special from New York on February 15 reports money rates hardening to 5 percent and 51 2 amid bearish market sentiment. Banks struggle with reserves, foreign bankers grow uneasy, and large holders pull back as securities flood the market. Brokers urge customers to refrain from buying as prices slump and underwritings face scrutiny amid talk of mergers and corporate deals.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Europe
South America
New York Stock Market Highlights and Commodities
The New York Stock Market notes broad listing names across rail, electric, and industrials including American Tobacco, Atchison, Baltimore and Ohio, Central of Georgia, Chicago and Alton, Erie, Louisville and Nashville, Manhattan, Mexican Central, Northern Pacific, Pennsylvania, Reading, Wanbsh, Union Pacific and others. Grain, flour, wheat, corn, rye, hay, butter, eggs, cheese, and market rates are reported with mixed activity and various price points. A section notes dampened prices in flour, dull wheat, easier corn, and steady dairy items with standard market receipts.
MENTIONED IN THIS ARTICLE
American Tobacco
American ‘Tobacco
Atchison General
Atchison Adjustment
Atlantic Coast Line
Baltimore and Ohio
Brooklyn Rapid Transit
Central of Georgia
Central of Georga Txt
Central of Georgia 2d
Central of Georgia 3d Inc
Chesapeake and Ohio
Chicago and Alton
Chicago
Burlington and Quincy
Qwicago
Pacific R. BR
Pacific R
Col
Eric &, G
St. Louis General
Colorado
Gatorado Industrial
Colorado Midland
Colorado and Southern
Mss
Guba
Bee
Denver and Rio Grande
Distiners’ Securities
Erie Prior
Erie General
Hocking Valleys
Japan
Sim Louisville and Nashville
Manhattan Consol Gold
Mexican Central
Mexican Central Ist Tne
Minneapolis and
St. Loui
Missouri
Kansas
Teason
Kansan
Texas
National Railroad of Mexico
Consol
Boty
New York Central General
New Jersey Central General
Northern Pacific
Norfolk and Western
Qiegon
Pennsylvania
Reading General
St. Louis
Iron Mountain
Ns St. Louis
San Francisco
United States
Wabash
Western Maryland
Wheeling and Lake Erie
Wisconsin Central
Io17
NCO
Minneapolis
St Louis
American Securities Ag
American Loconglio
National Lead
Mati RR
Mexico
Pfil
Onam
Smelt
New Yorke
N. Y
Rod Y Prfolf
Western
KillAnaconda Mining Co
Atchison
Northern Pacitte
Atellia Ptd
Pacific Mail
VT TM
Baltimore and
Ohio
Anaag
People’s Gast
Baltimore Aid Chio
Pitte
C.ane St. L
Rapa
Pena
Canadian Pacific
Iran
New Jersey
Pullman Palace
Jay li
Republc Steel Wea
Great Western
Republic Steel
Chisago Fe
Rock Island Co
Ini Chiewwa
Northwestern
Rock Island Company Ptd
Chucagy
Mil
St P
Ug IB Li
Louis Southwestern
Calarado
Calorada
Southern
Southern Pacific
Southern Railway
St. L
Union Pacific
Bet
Ady
Deaver
Rio Grande
Denver
United Stated Express
United
General Electric
Stocking Vallenge
Mats Central
Agove -Caro
Chemical
Vo.Caro Chemical Pfa
International Paper
International Pump
Wabash Pia
Wells Fargo
Jean Ye
Weatinghouss Electric Ie
Iowa Central
Union
Kansad City
Wheeling
Lake Erieneel
Ida
Kansas City
Shere B. Fifples
W. Co
New York Stock and Washington Stock Exchange
Stock Market Activity Shows Traders National Bank Lead Sessions
Trading revived slightly with 35,000 shares moved on Wednesday and 5,??? a week prior as Traders National Bank dominated, at 200 in most quotations. Capital Traction and Washington Gas also featured, while Washington Railway and Electric offerings remained plentiful yet largely inactive. The Riggs National Bank bid boldly for the Philippine public works bonds, with four rivals seeking portions, and Raphael A. Casilear joined the Exchange as a member.
MENTIONED IN THIS ARTICLE
National Bank
Capital Praction
Washington Gas
Traders Bank
Capital Traction
Washington Railway and
At &9
Riges National Bank
Philippine Public Works and Improvement Bonds
Insular Bureau
War Department
Riggs National Bank
Guaranty Trust Company
New York
Mercantile Trust Company
St. Louis
Konitz & Brother
George W. Nichols
Rome
Raphael A. Casilear
Hibbs
Saies
Washington Railway and Electric
American National Bank
Traders National Bank
Washington Ges
Lanston
Graphophone
Greene Copper
Stock Exchange
District of Columbia
Philippine Land Purchase
Capital Traction Railroad
Metropolitan Railroad
Columbia Railroad
Oity and Suburban Railroad
Washington Hallway and Electric
Washington Gas Company
United States Electric Light
Chesapeako and
Potomac Telephone
Washington Market Company
Firet
Potomac Electric Light
Norfolk and Washington
National Safe Deposit and Trust
Washington Loan and Trust
American Security and Trust
Union Trust Company
Security Storage Company
Washington Savings Bank
Flame Sayings Bank
Union Sayings Bank
Washington
Washington Railway and Rilectric
Bristol Gas and Siectric
Bank of Washington
Metropolitan
Central
Farmers and Mechanics
Second
Columbia
Capital
American
Traders
Lincoln
Riges
National City
Second Bank
Prahkim
Corcoran
Potomac
Ariogton
National Union
Columba
People’s
Commercial
Colonial
Chesapeake and Potomac
American Graphophone. Com
Map
Guy Stocke
New York Cotton Market Report
The cotton market showed less activity than yesterday with more irregular fluctuations and a generally lower undertone. Futures closed a dime lower, with March at 10.66 and May around 10.86, while July and August traded near 10.98 and 10.85 respectively. Prices varied across exchanges and months as traders weighed demand and market signals.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
West Qevaber
New York
Market Report Signals Mixed Cotton Prices With Higher Open
The market opened steady with declines followed by a rally as buyers returned, helped by rumored local operator activity. Prices fluctuated, posting a net gain then erasing gains amid rising room trader offers and liquidation pressure from eased New Orleans, with the day ending near the top. Sales were estimated at 260 000 bales as sentiment remained cautious about spot demand and receipts versus last year.
MENTIONED IN THIS ARTICLE
New York
Galveston
Etryth
New Orleans
Mobile
Bosson
Savannah
Charleston
Wilmington
Norfolk
Baltimore
Philada
Houston
Augusta
Sready
Memphis
St. Louia
Louisville— Uy Ar
Continent
Stock
Britain
Great Consolidated
France
Mexico
Great Britain
Japan
Pod
New York Grain Market Falls Amid BElooming Pressure
Wheat receipts total 63,460 bushels with exports at 63,460. spot no 2 red at 91 1 2 fob. May and July futures slid to weekly lows. Corn receipts 87,075 bushels with exports 5,182. spot No 2 tendered at 60 cents. oats receipts 85,590 with mixed price ranges. Market eased on bearish Argentina weather and lower cables.
MENTIONED IN THIS ARTICLE
New York
Argentina
Chicago Grain Markets on Wheat and Corn Trading
Chicago trading posted bears at the close as wheat May slipped to around 4 1 4 cents. July weak on export doubt. Corn and oats fell about 1 percent amid modest export and Argentina crop news. provisions eased on long liquidation. Reports of Argentina rains and English exports influenced trade with mixed receipts and quiet car trading.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Chicago
Board of Trade
Argentina
Minneapolis
Duluth
Liverpool
Laval
May
May Park
Household Removals Advertises Superior Moving Services
The storage department advertises its superior facilities for moving household effects. Belongings of every description packed and shipped to any destination including foreign countries at lowest consistent rates. Estimates upon request.
San Luis Mining Company reports strong 1906 ore output and expansion
The annual report shows 1905 ore production of 30,726 tons with significant ore on hand. San Luis Mine holds over 2,000 tons ready, and plans to open San Pablo San Gonzalo Castellana Malinche Sydney and Aventura. By year end 1906 several new mines to start in 1907. The company, with 64 mines across 505.9 pertenencias, expands capital to 300,000 shares and projects 6 percent dividends this year and 12 percent next year.
MENTIONED IN THIS ARTICLE
SAN Luis Mining Company
Mexico
United States
San Luis
Potosina
San Lucas
San Pablo
San Gonzalo
Castellana
Malinche
Sydney
Aventura
Durance
Order of San Luis Mining Company
Myra B. Martin
William Street
New York
Also Mentioned on This Page
Wall Street Commission
Atlantic
Bank of
Suil
Metal Market
Ehachive
Morgan
Schiff
Amalgamated Copper
Heinze
Amalgamated
Telephone Company
Steel Corporation
National
United Companies
New York Stock Market
Boston
A&g
Marek
Cork
Agnew
Emmett Foster
New York City
Stone & Poole
G*donnell
Biston
Albany
Heston
Fitchburg
PAL American
American Telephone and Telegraph
American Woolen
Dominion Iron and Steel
Massachusetts
Massachusetts Electric
Massachusetts Gas
United Shoe
Neaby
United States Steepra
Westinghouse
Common
Bingham
Shannon
Utah
Local Financial
Greene
NEW York Grain
Chicago Grain
W. Va
Putnam County
Holly Ou
Jos Company
Tis Holly Company
A. M. Alford
Velvet Ol and Gas Company
Robert Thompson
Teays Valley
Molton
Campbell County
G. A Fought & Co
Sarah Roberts
Church
Wetzel County
Philadelphia
Wiliam N
Teagarden
Toledo
Lima
Indiana
Louisville and Nashville
Louisville and Nashville Railroad Company
Atlanta, Knoxville and Cincinnati
Union Trust Co
Fst
1St
K &Ts
Charles G. Gates &Co
Trinity Building
Broadway
Munsey Building
de Waldorf-Astoria
Heishell & McLeran
THE
Commercial National Bank
Washington Loan & Trust Co
F Sts
John Joy Edson
John A. Swope
Ellis Spear
Andrew Parker
Harry
Fat Sagan Boyd Tatlor
Thomas Bbradley
Ernatiqy, Banking A4
F. H. Smith Co
New York Ave
Jenkins & GO
Jenker Bidz
7Th
D Sts. M. Ww
Cella Commission Go
Missouri Corporation
National Bank of Commerce
Third National Bank
Chesley & Spence Grow Ae Fie
Galerite Open
Metasta
Fate
Arlington Commission CO
le Droit Bldg., Ltd & F Sts
W. W. Rooms A
IST
Rere
R. Lappin & Co
WN. Y. Ave
N. W
V.P. Randolph & Co., Inc
Arthur Wall
Lynn, Wall & Co
Northwes Kdams
M. J. Sagh & CO
Ee Eee
Riggs Yann
Tsstes
Pa. Ave
U.S. Treasury
N.W
Woodward & Lothrop Stern
Park O
Union Savings Bank
Bond Building
14Th and
N. Y. Ave
Burrower
Li Rivate
Waco
Prieipil
Tolman
Corpran
Joan
Metropolitan Loan and Trust Co
Ina
Vance
Potomag Guarantee Loak GJ
Auantic Building
Siang
Washington Mortgage Loan Co
St. N. W
I. Fae Commercial Bank
14Th St
Foraisun
Paparsa National Loan
Home Life
Eopany
District Loan Co
F ST. N. W. Ee
Srachaves