Market Rally Pushes Stocks Higher on Strong Day
The stock market rose sharply with Union Pacific in second, Reading leading gains. Call loans slipped below 6 percent as Bank of France cut its discount rate while the Bank of England signaled improving liquidity. Railroads arranged to meet obligations and confidence grew as financiers noted improving money conditions and potential extra dividends for Northern Pacific.
MENTIONED IN THIS ARTICLE
Union Pacific
Bank of France
Northern Pac Cine
Northern Pacific
Yeaterday
Perteeny
Hepburn Bilc
Supreme Court
Kopeccene
Reece Saoine
Woodecare
Missouri Wiffy
Erie
Uey
Cmlvilly
Chicago
Rock Island
Cadth
Bense
Bank of England
Germany
London
Paris
Brerlin
Apoetal
Washington Post
New York
Wall Street
Reading
Lake Shore
Baltimore and Ohio
New York Money Market Overview January 9
Money on call steady at 4, short-term loans easy with sixty and ninety day terms, mercantile paper at 7 percent, sterling exchange firm with bankers’ bills at 4.8543 to 4.9550, sixty-day bills at 4.85. Commercial bills 4.8073, silver at 3, Mexican dollars 11. Government and railroad bonds irregular.
MENTIONED IN THIS ARTICLE
York
Frime Mercantile
Acta
London Unmarket Advances and Local Metal Prices Report
New York metal market notes a higher London Unmarket closing at 122 163 and futures 128 10s. Local prices rise with copper at 52 pounds spot and 62 155 for futures, with electrolytic and casting metals listed. Iron holds steady though minor declines seen in England. local market quotes and assorted foundry grades listed. City, Pa figures show credit balances and shipments.
MENTIONED IN THIS ARTICLE
New York
London
Jake
Eng- Hah
Foundry
Northern
Southera
Southern
Soft
Reading stocks lead market rally on stronger money market
Reading stock leads broad market rally as gains widen and demand for railroad equities grows. Earnings outlook for Reading hints at higher dividends, with potential 6 percent to 7 percent payout, while Erie and Missouri Pacific bonds indicate confidence in extended maturities. Bulls push despite profit taking. market ends with gains and renewed optimism.
Washington Railway Stocks Edge, Bonds Trade Quietly on Exchange
The stock market showed little merger impact with railway equities largely immaterial in trading. Washington Railway and Electric preferred eased slightly while common rose modestly, Capitol Traction eased, and Potomac Electric bonds traded around 98. Lanston saw a minor bid-ask firming. Earnings for Washington, Alexandria and Mount Vernon Railway rose, Bell Telephone seeks Philadelphia listing, and New York loan rates held near 4 1/2 percent as locals renew paper and collateral.
MENTIONED IN THIS ARTICLE
Aouin
Bia En ‘ Adaing Express
Eves
Kansan City Southern
Amalgamated Copper
BOR
Kansas City Southern
Big I
Car and Foundry
Loulaville
Nashville
War and Foundry
Minneapolis
St. Louis
Ste
Missouri Pacift
Ive Securities
Texas
Mit
Kansas
Tex
An. Nolt
Hefog
Oforfalk and Western
Ara
Sugar Refining
Norfolk and Western Pidal
Tobacco Cisis
Anaconda Mining Co
Northern Pacific Hierary
L2eyy
Anhiron
Pacific Mail
Bglway A. Atchison Pta BB
Pennsylvania
Ool Atlantic Coa
People's Gas
Baltimore
Pittsburg
Gand
Oblo
Brooklyn Rapid
Canadian Pacific
Pullman Patece
O'Central of
New Jerseie
Reading
Chesapeake and Ohio
Republic
Uhicago Great Westert
Aha
Republic Steel Pi
Hivago
Northwestes
Rock Island Co
Chicago
St Paul
Hock Island Co
Auth Western
Sityiy
St. Loui Southwestern Pia
Colorado
Suthern
Sloss-Sheffield
Awi Southern Pacif
SU & B
Southern Pacide Ptt
South
Absa
Seurheen Railway
Southern Railway
ANU Pacif
Kcoca
Teg. Co
Toledo
SI. L
Tate
Relowarn and Hudson
Del
Lackawanna
West
Mas Allel Enton
Denver
Tio Grande
Pacttiyagy Tiga & Tony
United States
el States
United 8Tes Steel
General Electric
United States Steel Ptt
Great Northern
Carolina Chemical
Carolina Chemical Pd
International Paper
Wabash
Iowa Central
Hibbe & Co
F Street
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
Stock Exchange
Washington Railway and Electric
Washington’ Railway and Electric 4A
Capital Traction
Potomac Electric First
Bell Telephone Company of Pennsylvania
Philadelphia Stock Exchange
Chesapeake and Potomac Telephone Company
Washington Exchange
Capital Traction Bs
Washington Way
Potomac Electric Light
Washington Railway and Electric Preferred
Mt. Laneton
District of Columbia
Jig Gas
Shinpton Gas Company
Washington Gas Co
Ela. Ina
Capital Traction Railway
Anacostia and Petamars
M City and Suburban Railroad
Columbia Railroad
Metropolitan Railroad
Washington Rail
Patamar Electric Light
Norfolk and Wash
Steamboat Hs
Chesapeake and Totomac
Knator Monotype
Greene-Cananea Copper
Mitchell Mining Company
National Bank
Cantral
National Va Commercial Farméra and Mechanics
Washington
American Security and Trust
National Savings and Trust
Chanta and Meciante
Washington Xthange Bank
Union Savings Bank
Arkington Columba
Commercial Corcoran
Franklin
Columbia
Ellanius
Graphophone
Washington Market
Washington Market Prices for Eggs Butter Cheese and Poultry
Receipts for eggs moderate and market steady with regional variations. Butter steady with active demand. creamery and western firsts firm at 29 30 and 24 28 respectively. Cheese firm on large cream stock. dressed poultry markets show steady hens and chickens with higher supply of ducks geese and turkeys. Vegetables remain active with No 1 potatoes at barrel and per bushel prices, and assorted produce across several categories.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
North Carolina
Turkey
Lost Asses and a Kingly Wit in Ancient Tale
A cruel king orders a servant to fetch lost asses under threat of death. The servant returns with nine men who, though with families, are uninjured, claiming they are greater asses. The king grants him rule and a seat at his feet. Also noted is a contract voidance at Equitable Life of New York, with more bid for advantage. GEO. C. JORDAN announces Washington management at 210 Bond Building.
MENTIONED IN THIS ARTICLE
Eading
L Et Mae
Equitable Life of
New York
Washington cattle market pricing notes and ranges
A Washington market report lists lambs and calves with steady demand and price bands. It shows cattle values per ewt and cwt, with figures for butcher grade, common stock, and HGGS. Sheep and lamb categories include clipped and spring prices, while calves and cows show prime and common per pound and per head amounts.
New York Produce Report Slants On Live Poultry Butter Cheese
Market bulletins show live poultry prices firming with Western fowls and turkeys listed. Butter and cheese receipts and quality grades noted, with continued steady wheat and flour markets and steady freight rates across regions.
New York Grain Market Wavers on Weather and Cables
Wheat receipts reach 80 000 with exports 128 000 as prices rise on stronger cables and European weather fears. May and July futures move to around 119 1 2 for May and 1 96 for July amid fluctuating spot values. Corn and oats show mixed receipts and slight shifts with weather anticipated and Argentina cues influencing the market.
MENTIONED IN THIS ARTICLE
New York
Duluth
Europe
Argentina
Chicago Grain Futures Recap with Wheat May Rally
Chicago futures edged higher on strong cash and export demand for wheat. May wheat rose to about 1.0675, fuels from Liverpool buying and stock gains lifting corn and oats. hogs led slight gains in provisions while overall receipts ran robust for wheat and corn.
MENTIONED IN THIS ARTICLE
Chicago
Lveller
Outa
Shorts
Liverpool
Merket
Seaboard
Sffy
Minneapolis
Utah
Sim
May
Kiwek
Tocal
Oata
Lee
Laval
New York Cotton Surges on Census Figures
New York cotton rose sharply after Census data, closing with gains around 12 to 23 points on active buying and cover, with total sales estimated near 50,000 bales. Openings showed initial firm footing as traders weighed figures on exports and domestic supply amid mixed forecasts and steady Liverpool tone.
MENTIONED IN THIS ARTICLE
New York
Hales
Liverpool
Angus
Cotton Gin Numbers Top States in 1908 Production
The Census Bureau reports Texas leads with 2,092,735 bales ginned, and 27,276 gin neries active nationwide. Readouts show state totals through January 1, 1998 with round bales counted as half. Virginia and other states list varying bales and gin neries, with Sea Island figures provided.
MENTIONED IN THIS ARTICLE
Texas
Cersus Bureau
Bates
Sea Island
Tleis
Florida
Georgia
South Carolina
Alabama
Arkansas
Kentucky
Louisiana
Mississippi
Missouri
New Mexico
North Carolina
Oklahomaa
Tennessee
Virginia
MINE OWNERS ORGANIZE IN West Virginia Mining Association forms after miners’ disasters
The West Virginia Mining Association was formed by over sixty mine owners and operators. Resolutions urge Congress to push legislation enabling the Geological Survey to identify mine explosion causes and fund private research with annual contributions of eight to ten thousand dollars. William W. Page of Washington was elected president, with a fourteen member executive committee chosen.
MENTIONED IN THIS ARTICLE
West Virginia Mining Association
West Virginia
Congress
Geological Survey
Wiliam W. Page
Washington
Eight Lots Sold to Lukes for Eight New Homes
Eight parcels on Adams street northwest between North Capitol and First streets were sold by Francis A Blundon to Andrew A Lukes who will build eight modern houses to be ready by spring. A two story brick at 1027 Flag ter place northwest sold at auction to James R Tapp for 3745 dollars. Unimproved lots on Nichols avenue Anacostia sold at auction to J Newcomb for 240 dollars and adjoining Hasry improved property to Cecelia Shea for 1525 dollars. A three story brown stone house at Seventeenth and V streets northwest sold through Moore Hill to Henry Harding of Virginia for investment.
MENTIONED IN THIS ARTICLE
Adams Street
North Capitol
First Streets
Francis A. Blundon
Andrew A. Lukes
Flagter Place
James R. Tapp
Nichols Avenue
Anacostia
J. Newcomb
Hasry
Cecelia
Shea
Thomas J. Owen & Fon
Seventeenth and
V Streets
Moore & Hill
Henry ©. Harding
Virginia
Bondholders Organize to Protect Seaboard Bonds
Baltimore January 9 conferences between first mortgage bond holders of the Seaboard Air Line Railway and outside interests formed a committee to guard bond interests. Sidney Shepard of New York was elected chairman and the Continental Trust Company of Baltimore named as depository if a bond deposit is required.
MENTIONED IN THIS ARTICLE
Baltimore
Seaboard Air Line
Ruails Way
Sidney Shepard
New York
Continental Trust Company
Textile wages expected to stay high in Philadelphia
Philadelphia textile manufacturers, a leading industry, predict a prosperous year with no wage cuts for workers. They state the favorable outlook for both manufacturers and wage earners in the city.
MENTIONED IN THIS ARTICLE
Philadelphia
Jen
Livestock Markets Report From New York and Chicago
New York receipts 1 257 with no trading and steady sentiment. Calves 475 receipts with no trading. Sheep and lambs receipts 1 458 with higher羊 prices for yearlings and prime lambs. general market steady to firmer. Chicago cattle receipts about 6 800 with market steady to strong and hogs around 44 000 receipts with firm to higher tone. Sheep receipts about 15 000 with market 10 to 19 cents higher.
MENTIONED IN THIS ARTICLE
New York
Breves
Chicago
Baltimore Markets Grain and Commodity Report
Baltimore markets report firm pricing across grains and staples on January 5. Wheat and corn show firmer spot and futures with mixed quality grades. oats, rye, hay steady. butter eggs cheese sugar listed with largely unchanged values. Receipts and exports noted for corn, oats, and wheat as market activity remains quiet.
MENTIONED IN THIS ARTICLE
Baltimore
Loyolo
Cey
Also Mentioned on This Page
Washington Port
Jan
Chicago Great Western
Reading the Market Leader
Curb Market
THE
United States Treasury
Boston
Mervican Tobacco
Atehisan
Weneray
Atchison
Tata
Brooklyn Rapid Transit Ev
Central of Georgia
Wi i National Bank
Central of Georgia 2d
Inc
Treasury
Chesapeake and
Ohia
Gali Nia
Allen
Parific
Irago
R. IL
Pacific B. R. Cot
Ted States
Colorado Industrial Series
Colorado Midland
Ational Wank Not
Aliver Col
Conrado and Southern
Cuba Teang
Ne Ta Coin
Erie Prior
Eben Rip General
Hocking Valley
Interborough
Philipp ‘Treasur
Movican Central
Minneaporis
St Louia
Miasour's
Andas
Texan
National R. Te. of Mexico
New York Central General
New Jersey
Northam
Central General
Norfolk and Western
Oregon
Finnaylvania
General
St. Louia
Iron Mountain
St Laws
San Francisco
Louis Southwestern
Southern Pariile
Southern Pacife
Ss. Ae
Texas and Parific
Tolada
St Louis
Western Mary
Massachusetts Electric
Massachusetts
United Shoe Mine
United Shot Machine
North Butts
Atlantic
Shannon
Ytakau
Taskell
Bia
Askellis-Chalmers
American Steel Foundry
Adams Express da Fl Tobacco
Orr
American Hay State
Cas i Beaton
Sbway
Cumberland Ely
Novadl -Ctah
Newark New Haven
U New York
Seaboard Company
Washington Railway
Elec
Nivwapas
Metal Market
City
Erie Railroad
Missouri Pacific
Chicago, Rocky Island and Pacific Railway
NEW York Stock Market
Local Financial
Lanston
Washington, Alexandria
New York Exchange
Washington Produce Market
GEO. C. Jordan
Bond Building
Washington Cattle Market
NEW York Produce
Rio
Santos
Cordova
Chicago Grain
Mdg
Galveston
Savannah
Charleston
Wilmington
Norfolk
Bruns
Houston
Augusta
Memphis
Stead
Cincinnati
Louisville
Little Rock
Britain
France
Continent
Great
Japan
Mexico
Andrew A. Lukei
Bondholders
7Th and H Sts. N. E
7Th St
8. W
U. S. Treasury
Washington,d.c
Aeedes J Savings Bank
Eametnt
Hiss
Ea Ck
Amare
Washington Loan & Trust Company
Act of Congress
Comptratler of the Currency of
John Joy Edaon
Jn Foreiign
International Banking Corporation
G St
Uptown
Connave
Downtown
Center Market
Riggs
D.real Estate
Heiskell & Moleran
H Street
the Post
the Commercial Newspaper of
E.R. Chapman &C
N. ¥. Stock Exchange
Broadway
G. B. Chipman
Washington Stock
Columnius
Swartzell, Rheem G Hensey Co
F Street North Wert
H. Clarke
Ouray
Allison C. Jenkins
Stoges, Bonds
S. W. Adler & Co
New York Consolidated Stock Exchange