Borrowing Surge by Corporations Deepens Market Strain
In a volatile Wall Street week, large corporations issued hundreds of millions in stocks and bonds at interest rates rarely above 4 percent while the money market remains tight. Analysts warn that long-term funds command higher rates, and a congestion of bank loans threatens sustained liquidity and resumed market firmness.
MENTIONED IN THIS ARTICLE
Studia
Cven
Europe
Canada
England
Germany
France
Wall Street
Bank Joana
Market Notes Reflect Profit Push and Uncertain Signals
The article argues booming general business and rising profits accompany higher operating costs in railroads and other sectors. It notes money rates may rise with activity, but no broad adverse shifts in core business, wheat crops, or coal. It mentions Union Pacific dividend plans, Amalgamated Copper deal skepticism, and limited tangible moves in Great Northern and Northern Pacific stock activity.
MENTIONED IN THIS ARTICLE
Monty
Algecirag
Washington
Albany
Well Street
England
France
Bank of France
New York
Chicago
St. Louis
New Orleans
Union Pacific
Amalgamated Copper
Amalgamated Copper Company
Heinze
Amalgamated
Great Northern
Northern Pacific
Great Northern Railway Company
United States Steel Corporation
Daniel F. Kellogg
Trade reports show US exports and Balkan balance 1904
Bulletin from the Bureau of Statistics notes Austria Hungary bought more American cotton in 1904, Switzerland bought and sold large sums, and Germany boosts trade with Mexico. Consuls report British ship tonnage growth, US shoe exports rise, and German and European buyers adapt to American goods. Balkan trade remains light for the US while South America sees early traction for US traction systems. A China note mentions reform schools in Hai Cheng and rising Tientsin imports of American products.
MENTIONED IN THIS ARTICLE
Bureau of Statistics
Department of Commercce and Labor
United States
Switzerland
America
Metcalf
Newcastle
Harris
Chennitg
Germany
Mexico
Ozman
Stuttgart
The
Bulletin
China
Sammons
Niuchwang
Kuan Fend Ho
Hai Cheng
Tientsin
South America
Lima
Peru
Conell Mansfield
Valparaiso
Gottschalk
Callao
Balkans
Vast Fortunes and Lasting Legacies in Gilded Age America
A Chicago era overview traces fortunes from Civil War and gold boom ahead to William H. Vanderbilt and Marshall Field. Field built wealth mainly in dry goods, leaving 86,600,000 for a museum endowment and 17,609,000 to relatives while grandchildren await adulthood. Vanderbilt’s estate, estimated around 182,000,000, split among government and railroad bonds and major stocks, with the rest in real estate and cash.
MENTIONED IN THIS ARTICLE
Marshall Field
Hill
Charles
Lockhart
Field
Field Columbian Museum
Jackson Park
Chicago
Marshall Field, Jr
Vanderbilt
Wiliam H. Vanderbilt
Commodore
New York Central
Lake Shore
Michigan Central
Northwesttern
John Jacob Astor
William Waldorf Astor
Astor Library
St. Lute's Hospital
Metropolitan Museum of Art
New York Cancer Hospital
Jey Gould
Gould
Western Union
Manhattan
Missouri
Pacific
Missouri Pacific
Texas Pacific
C. P. Huntington
Russell Sage
Roosevelt Hospital
Five Points Mission
Children’s Aid Society
Society For the Relief of the
San Francisco
Newport, News
Rockaway Beach
L. Z. Leiter
Levi Z. Leiter
Joseph
Illinois
Leiter
Joseph Leiter
William Weightman
Philadelphia
Ann ™. Walker
Robert J. G. Walker
Williamsport
Pennsylvania
New York
Ohio
Nebraska
Delaware
West Virginia
Wisconsin
Mark Hopkins
Central Pacific Railroad
Great Barrington
Tmass
Berkshire
Edward F. Searles
Hopking
Gilded age fortunes and heavy bequests in old wills
A survey of late nineteenth century wealth shows Vanderbilt heirs sharing vast sums with Cornelius Vanderbilt at life and absolute totals, Astor and Gould bequests to hospitals and libraries, Huntington and Leiter legacies, and notes on Weightman Mackay Belmont Lorillard Armour Lockhart and other fortunes. The piece highlights family disputes, charitable gifts, and the scale of private wealth in that era.
MENTIONED IN THIS ARTICLE
Vanderbilt
Ming
Cornelius
William K. Vanderbilt
Cornelus
Willam K
Frederick. W
George W
Shepard
Sloane
Mia
Twombly
Webb
Vanderbilt University
John W. Mackay
John. W. Mackay
Europe
Canadian Pacific
Servn August Belmont Ist
Pierre Lorillard
Rancocas
Lilly
Barnes Allfen
J. C. Barnes
Louis Allfen
Eieton Ad
East Thirty-fist Street
Philip D. Armour
Chicago
America
Charles Lockhart
Pittsburg
Mr. Lockhart
Tobacco receipts dip as weather hinders advance
On the Danville market and nearby towns in Virginia and North Carolina, tobacco sales slowed last week due to cool, wet weather and poor road conditions. Prices remain firm with slight gains. observers note limited high and low grades. About 20 percent of the 1905 crop is still held by farmers, with ongoing labor shifts to coal, iron, and railway camps.
MENTIONED IN THIS ARTICLE
Washington Post
Danville
Lynchburg
Petersburg
Boston
Tidewater
Piedmont
Bright Tobacco Belt
Durham
N. C
Also Mentioned on This Page
Great Wall Street
Financial
Jer
Ry, Tyler, Tyler
Rutherford
Sir John Lubbock
Balkan States
Turkey
Roumania
Servia
Bulgaria
Grece
Greece
Liverpool Post
Army of the Tremendous
London
Pest
Canalsia
Republic
Runkel’s. Cocoa
Cor Bunkel Brothers
Armour and Lockhart
Swift & Company
Do C
Vo Meana
Collins-Guerry Company
13Th ST
Northwest
Chesley & Spence
District of Columbia
HEISKELL @ McLERAN
Maryland Tobacco Commission Merchants’ Union
Maryland Tobacco Growers’ Association
Washington Loan & Trust Co
John Joy
Andrew Paren
Barry
Meen
Boyd Taylor
Thomas Bradley
Tressuer
American Express CO
Traders National Bank
Charles G. Gates &Co
Trinity Building
Broadway
Munsey Building
F. H. Smith Co
New York Ave
Francis H. Smith
Alvin M. Grydat
Bn. Quincy
John B.seman
Q. C. Watson
Jackson H. Ralston
I G. Kirmball
Union Savings Bank
Bond Building
14Th and
N. Y. Ave
Jenkins & CO
F Street
Jenifer Lidg
7Th
D Sts
MN. W
Miasouri Corporation
American National Bank
National Bank of Commerce
Third National Bank
Mercantila
Eeecemenneemn
Ernation, Banking Corporation Iton
Capitan
Ena
Avided
AEROS
Hank
Arthur Wall
Lynn, Wall & Co
Adams Building
Ments
Bagh & CO
G. T. Havenner & CO
W. W
Iver i Ie Vaaht
Henry J. Spuhler
Arlington Commission Co
le Droit Bldg
Ltd & F Sts
Werties
Riggs ‘Wank
Pa. Ave
U.S. Treasury
R. Lappin & CO
N. W
V.P. Randolph & Co., Inc
Alfred Romer
Mutual Loan and Trust Co. Oat. Aw
Rooma 123
F N. W
Washington Mortgage Loan CO
F St. N. W
Gmmercial Bank
14Th St
Potomac Guarantee Loan
Atlantic
Hoomas
National Loan and Investment CO
National Loan.and Investment Co
Metropolitan Loan and Trust Co
E Street N. W
St. N. W
Building and Loan Association
Striefly
Firet National Mortagage Loan Company
P.O
Rewli
Tolman
Corroran
16Th St
Gros
District Loan Co