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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Feb 24, 1912
Page
8
Stocks rose modestly at opening then drifted as copper shares and Republic Steel weighed. Weak bank results and a soft bond market added to cautious trading. some rail and iron issues showed marginal gains while steel bonds and preferreds faced pressure.
The report lists a wide range of cities and banks with a weekly aggregate of 3 1/4 million dollars, down from 4 2/9 million the prior year. It names New York, Chicago, Boston, Philadelphia, Pittsburgh, Minneapolis, and others, noting totals not included due to other items. The data covers regional clearings, currency, and related banking figures with scattered figures for specific cities and commodities.
RON TRADE IS QUIET, POLITICS RETARDS BUSINESS Condution. The report notes steady but not record-breaking activity in wholesale dry goods, leather, and iron and steel. Prices edge up, orders rise slightly, and broad activity persists despite a weak overall trade tone tied to election dynamics.
Market notes list varied goods with prices for cheese poultry pork and grains.Highlights include fresh gathered cheeses logs and white whites fair to good quality, western chickens and turkeys, corn oats rye and corn steam freight to London and Liverpool, butter and dairy items with per pound and per ton quotes, and regional beef and pork quotes across Maryland Pennsylvania Virginia Ohio and nearby states.
Dealers report a drop in cotton prices as the New York market trades with light activity and limited buying. February futures dip about 14 points, nearby months fall 6 to 11 points, while foreign selling remains subdued and domestic business shows no clear revival.
New York Feb 23. Money on call and note rates at 2 1/2 percent. Closing at 7 percent offered. Commercial paper at 4 percent. Sterling exchange steady. Government bonds steady. Tailrond bonds steady. Bank rates and bills noted with reference to tanker bills.
New York Feb 2 The Great Northern Railway awarded 71,000 tons of rails to three independent makers, sidelining United States Steel. Officials suggest West coast operating department orders, with Hill ore lands lease and dividend policy stirring curiosity. Copper stocks and electrical shares sway as Republic Iron and Steel and Amalgamated Copper show volatility amid market nerves.
Philadelphia market notes show steady to firm dairy prices with butter and cheese firmer, milk and creamery products mixed. Poultry and eggs demand weak to fair, while beef and veal outputs steady with calves and beef items showing cautious activity in the export elevetor influenced by nearby receipts.
Live Stock Markets from York on February 4 show mixed cattle and hog activity. Cattle receipts rise with higher dressed weights and steady to higher prices for choicer lots. hog markets remain strong with larger average weights and steady demand. Western and Texas consignments influence prices, while calves and yearlings show varied demand across classes.
New York spot wheat and oats firm as futures eased then rallied on favorable crop prospects and weekly export data. May futures edged higher on demand and shipments. corn and barley show modest gains amid mixed receipts and elevator activity in the export basin.
Sealed proposals for furnish vog and placing riprap on the rail at Anneritin Fiver D.C. will be received until February 36. Information on application. Publicly opened.
Moving packing and storage services offered by a local firm. Specializes in packing furniture bins pianos china and delicate items. Includes transfer and storage options with motor van fleet for shipping domestically and internationally.
A long OCR fragment outlines a probate notice from the District of Columbia Probate Court. It names American Security and Trust Company and James F. Hood as secretary, James Tanner as Register, and Alfred Stet as attorney. The document instructs creditors and claimants to exhibit claims for the estate of Raven Fracket late of the District of Columbia deceased by a specified date, with warnings of exclusion if not presented.
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