Prices Rally After Schiff Remarks Restore Confidence
The market reversed earlier declines as Jacob Schiff’s remarks at a Chamber of Commerce meeting were read again, signaling no imminent financial trouble. Union Pacific and Amalgamated Copper led gains, while money rates fell, boosting buying in late trading. New York, Jan 5 1908.
MENTIONED IN THIS ARTICLE
Schiff
Washington Post
New York
Jacob H. Schiff
Chamber of Commerce
Stock Exchange
Wallstreet
Wall Street Gossip and Market Rumors Unfold in Early Trade
Special to The Washington Post New York Jan. 5 Stocks rose on news of a 3,000 share sale in New York Central and a rumored new American Smelting venture seeking $65 million in initial stock. Amalgamated Copper and General Electric rallied on rights purchases and improving conditions, while Union Pacific eyed potential dividend boosts amid Hill interests and Greater Northern influence.
MENTIONED IN THIS ARTICLE
Tnion Pacific
Union Pacifice
Wall Street Us
Giuke
Camepany
Brame
Ghesswork
Southern Pacific
Union Pacife
Southern Railway
Missouri Pacific
Texas and Pacific
Ria
Washington Post
New York
New York Central
Bingham Camp
Utah Copper
Boston Consolidation
Newhouse
Daniel Guggenheim
Boston
Great Northern
Northern Pacific
Union Pacific
Hill Roads
Unoton Pacific
First National Bank
Hill
Tfarriman Centre
Great Northernore
C. B
jAdama Express
Manhattan L
Amalgamated Copper
Metropolitan Securities
Am Pas
Dota
Metropolitan Street Railway
Mexican Central
Ean Cotton
Minneapolis
St. Louis
American Cotton Oil
Ste. M
American Express
Aero
American Ir Securities
Miscouri
Kansas
Texas
Amer
Pta
Norfolk
Western
Norfolk and Weatera P
Anaconda Mining Co. Er
Northern Pacifl
Pacine Mail
Atehson
Pennsylvania
Lordg
Haltimore
Oho Pitt
Gory
Baltimore
Brooklyn
Nadian Pacific
Pullman Palace
New Jeneca
Chesapeake
Republic Steel
Chicago
Alton
Chicago and Alton
Rock Island Co
Chicago Great Western
Rock Island
Wmage
North Western
Jean
St Paul
Chicago T
Sen F. A
Sec A
Louis
Southwestern
Colorada
Fay Ag
Ganlorada
Southern
St. Louie
Con
Univ
Consolidated Gas Fure
Aor
Cennesses Coal and Iron
Delaware and Hudson
Toledo
St Lu
Estern
Lack
Jase
St. L
Denver
Rio Grande
Denver and
Rio G
wolUnion Pacific
Baty
Weatinghouse Electric
Central
Western Union
Kansas City Southern
Wheeling and
Lake Erie
Wisconsin Central
Louisville and
Nashville
Atchison Beneral
Atchison
Atlantic Coast Line
Baltimore and Ohio
Brooklyn Rapid Transit
Georgia
Central of Georgia
Siba Central of
Chesapeake and Ohio
Chicago and
Burlington and Quincy
New du
Chicago, R
and Pacific Railroad
Chicago, R. Nd
Pacific Railroad
St. Ws
Louis General
Colorado Industrial
Colorado Midland
Colorado
Cuba
Denver and Rio Grande
Hoking Valley
Japan
Louisville
St. Luisa
San Francisco
Galveston
St Louis
Seaboard Air Line
New Orleans
Mobile— Southern Railway
Texas and Pacific Lets
Savannah
St. Louis and Western
Charleston
United States Steel
BO Wilmington
Wabash Ists
Maryland
Élund
Wheeling
Lake Rie
Philadelphia
Brunswiel
Port Townsen
Bes
Newport News
Jacksonville
Memphis
Finn
Cincinnati Ae
Louise le i Soo
Firm
Britain
Stack
Consolidated
France
Conti
Great Britain
Nitsient
Mexico
New York Bond Market Summary From Yesterday
Washington Railway and Electric bonds and certificates show varied bids and yields with notes on 4s 31,000 and small lots at 23 to 98, plus 6a 117 for Metropolitan Railroad and multiple issues from Chesapeake and Potomac Telephone Ss to Washington Gas certificates. Clearing bids list District of Columbia roads 66s 1924 at 118 and Metropolitan Railroad 58 1925 at 117, among many bonds and stocks with quoted prices and rights.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric
Metropolitan Railroad
Columbia Railroad Ga
Washington Gas
Washington Gna
Chesapeake and Potomac Telephone Ss
Capitol Traction
Washington Railway and Electric Preferred
Washington Railway and Electric Common
American Security and Trust Rights
American National Bank
National City Bank
Cheenpeake and Potomac Telephone
Lanston
Greene Copper
Clealng
Stock Exchange
District of Columbia
Capital Traction Railroad
Columbia Raiilroad
Columbia Halimad
City and Suburban Railroad
Anacostia and Potomac Ss
Washington Gas Company
United Rtates Electric Light
United States Electric Light
Washington Market Company Ist
Potomac Electric Light Iet
Norfolk and Washington Steamboat
Briatel Gas and Electric Bs
Safe Deposit and Trust
National Safe Deposit and Trust
Washington Loan and Trust
American Security and Trust
Union ‘Tract Company
Washington Savings’ Bank
Home Savings Bank
Union Savings Bank
National City
Insurance Storks
Franklin
Metropolitan
Corcoran
Potomac
Ariington
National Union
Columbia
Riggs
People’s
Commercial
Colonial
Columbia Tile
Washington Title
Chesapeake and Potomac
American Graphophone
Georgetown Gan
Mergenthaler Linotype
Lanston Monotype
Greene Consolidated Copper
Washington Market
Norfolk and
Washington Steamboat
Realty
Mitchell Mining Company
Sage
Exchange
New York Cotton Market: Nervous Day After Trade Data
The New York cotton market opened steady but soon fell on private reports of a Census status and then rallied with short-covering and bull support. Traders awaited the National Ginners Association report due later, while activity remained moderate with exports anticipated from Washington.
MENTIONED IN THIS ARTICLE
New York
Washington
Liverpool
National Groners' Association
New Orleans
National Gimners' Association
Census Bureau
National
Daily Cotton Market Report from Baltimore and Memphis
The Baltimore market shows flour quiet and unchanged with 9 159 barrels received and 25 470 exported. Wheat dull with various bids and receipts totaling 6 752 bushels. corn firm with 269 138 bushels receipts and 190 283 exports. Oats firm with several No 5 and No 2 grades. rye steady with export and domestic receipts. hay steady. In Memphis, Chancellor Heiskell orders liquidation of American Savings Bank and Trust Company, with creditors to be paid in full next Wednesday.
MENTIONED IN THIS ARTICLE
Baltimore
Southern
Memphis
Tenn
Heiskell
Commercial Savings and Trust Company
American Savings Bank and Trust Company
Merchants’ Trust Company
Chicago Grain Market: Wheat Leads Sharp Local Break
Chicago grain reports a liquidation hit the wheat pit with May wheat sliding from early gains to 88 cents. Corn remained firm amid strong buying, while hogs and lard showed minor shifts as Argentina’s export prospects and weekly export totals influenced mood.
London tin market edges higher amid abroad rally
New York Jan 5 London tin prices rose with spot at £163 6s and futures at £163 18s while nearby currencies kept the market quiet. Copper electrolytic for June shipment quoted at 18.60 in value. lead and spelter mostly steady locally and in London, with foundry iron prices shown for Northern and Southern districts.
MENTIONED IN THIS ARTICLE
New York
London
Prises
Gepper
Ron
Standard Foundry
Cleveland
Foundry Northern
Foundry
Northern
Southern
Foundry Southern
New York Money Market and Financial Highlights
New York money market reports easier money with rates around 2 9 percent and closing bid at 634 7. Time loans firm for 60 days at 7 percent, 90 days at 6 or 7 percent including commissions, six months at 512 6. Prime mercantile paper and sterling exchange cited with posted rates. Government bonds steady while railroad bonds show irregularities. Government receipts from internal revenue, customs, miscellaneous totals and expenditures listed.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Stock Market Upturn Sparks Active Exchange Trading
Indifference faded as traders pushed stocks higher with brisk bond sales and stronger demand for bank shares. Metropolitan Railroads, Columbians, and Washington Railway and Electric led gains while American National and National City Bank saw notable activity. small lots dominated and prices inched up across several issues.
MENTIONED IN THIS ARTICLE
American National
National City Bank
Grain and meat markets show firm close and strong cash demand
Market notes report May futures at 44 45 with high day quotations and firm close as local traders push prices higher. Corn futures rose to 82 with shorts covering amid strong cash demand. hogs, lard, and pork led gains while pork profits trimmed gains. Enthuated receipts forecast for tomorrow include 2S cars of wheat and 16,000 hogs.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Wilbur
Bush
Chicago
Jan
Sages
Liverpool
Argentina
Eacy
Dredstreet's
Minneapolis
Duluth
Titles Board
Bradatreet
Shorts
Mey
New York Grain Market Summary January 6
New York grain quotes show wheat futures mixed, with early gains fading into a modest loss as liquidation and bearish reports press markets. Wheat spot prices hold around No 2 red 91 cents with some futures near 92 1/2 cents. corn and oats also saw limited activity with minor changes.
New York Produce Prices and Market Notes January Report
New York market update shows mixed commodity moves with flour receipts 37,392 barrels and exports 14,862. Butter firm with receipts 4,260. eggs firm with 6,686. coffee spot Rio quiet. sugar raw strong and refined quiet. Various grains, meats, oils, and vegetables listed with fluctuating bids and steadier trends for staples like lard, hides, and petroleum.
MENTIONED IN THIS ARTICLE
New York
Rio
Washington Produce Market Prices and Supplies Report
The Washington Produce Market lists mixed changes across departments with eggs down 1 to 2 on all grades amid liberal receipts. Butter and creamery products show continued demand and firm prices. dressed poultry and turkeys remain tight in size but prices hold, while live poultry, game, and vegetables reflect a generally dull market with selective firmness on high quality items.
MENTIONED IN THIS ARTICLE
Wearby
Virginia
West Virginia
Southwest Virginia
Southern
Avorage
Bvyitek
Taney
New York State
Towls
Chix
Iight
Visible Supply of Cotton Figures Released by Secretary Hester
New Orleans January 5 secretary Hester reports the world’s visible cotton supply at 5,386,399. American cotton totals 4,191,299, with remaining 1,000 for all other kinds. Uplifted figures show Britain and Continental Europe holding 2,667,000 afloat or stored, India 654,000, Egypt 205,000, and the United States 1,830,000, versus last year’s figures.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
Chicago
Boston
Philadelphia
St. Louis
Pittsburg
San Francisco
Cincinnati
Baltimore
Kansas City
New Orleans
Minneapolis
Cleveland
Louisville
Detroit
Milwaukee
Omaha
Providence
Los Angeles
Huffalo
Tndianapalis
St. Paul
Ichmond
Washington
Norfolk
Wilmington
Del
Wheeling
W. Va
Macon
United States
Canada
Hester
Egypt
Tiragil
India
Great ‘Britain
Europe
Beypt
Cured Catarrh After Twenty Years of Suffering
Scranton resident George James reports twenty years of catarrh with hawking throat and head pain. After trying Agnew's Catarrhal Powder he found instant relief and was cured after several bottles. Available from Stone d Poole at 609 Pa. Ave and O'Donnell's at 9044 F St NW.
MENTIONED IN THIS ARTICLE
George James
Scranton
Dr. Agnew
Stone d& Poole
Avend O'Donnell's
F St
M St
Bank Transfer Stock Books Closure Notice 1906
The Traders NATIONAL BANK announces the books for the transfer of stock of this company will be closed from January 1, 1906 to January 16, inclusive. Signed by ALEX. K. PHILLIPS, Secretary. nut 2 6 10 12 16.
MENTIONED IN THIS ARTICLE
Potomag Insurance Company
D.C
Alex. K. Phillips
Nut
Also Mentioned on This Page
Dr. King
Sc and
Slawepaper Archive
Wall Street
Montana
Anaconda
Amalgamated
Rful
Artera
Inion Pacific
New York Stock Market
W. R B. Hibbs & Co
Bankers ‘and Brokers
B Street
Washington Btock Exchange
Chicago Board of ‘Prade
Albany
Num
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe
North Butte
Amalgamated i Mingham
Copper
Funge
Shannon
Utah Fone
Chicago Grain
Metal Market
National Bank
Local Financial
The
American Security and Trust Company
Capital Traction
Chesuetke and Potomac Telephone
Lianston
NEW York Grain
F. O Db
Coramission House
Washington Produce Market
American Express Co
the Traders National Bank
Edward Sweet & Co
W. B. Hibbs & Coo
Igig Ff
New York Stock Exchanges
National Safe Deposit, Savings G Trust Co
15Th
New York Ave
Fisk & Robinson
Cedar Street
State Street
Ag Rnatio
Washington Branch
Ocks & Bonds
Ave
U. S. Treasury
Oss
Grane, Parris & Co., Bankers
14Th and
F Streets
F. H. Smith Co
Y. Ave
Woodward & Lothrop
Savings Wee
Bond Building
4Th and
N. Y. Ave
George J. Easterday
G Street
N.W
oMcs
Equitable Co-Operative Building Association
Equitable Building
John Joy Edeon
Ellia Spear
Geo. W. Casilear
Frank P. Hevside
Atwood Violett & Co
Stecks Bonds
Washingto Loan & 171
Rokin Joy Evson Heprtene
John AL Swupf
Andrew Parker
Harry G. Meem
Royd Taylar
Thomas Ladley
Real
Este
N. Ww
James B. Owens
Consulta
4Th St. N. W
Lewis Johnson & Co
Tianenet General
Jenkins & CO
Waxamington
Cella Commission
Missouri Corporation
Ie American Natio Bank
Loukas
Jonas Bank of Commerce
St. Loui
Third National Bank
Agencis
Arthur Wall
Lynn, Wall & Co
Adams Building
M. J. Sage & CO
Chesley & Spence
Calumbia
Meiskell & McLeran