Market Upbeat as Rail Stocks Lead Rally Across Exchanges
A Washington port report notes a broad stock market surge with strong gains by Union Pacific and Reading, aided by lower call money at 5.12 percent and a cut in Bank of France discount rates. Gains came despite lingering questions over railroad notes and Hepburn coal land issues as Bank of England and Bank of France move to ease liquidity.
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
Missouri Pacific
Chicago, Rocky Island and Pacific Railway
Capital Traction Bs
Washington Way
Potomac Electric Light
Washington Railway and Electric Preferred
Mt. Laneton
Washington Railway and Electric
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
Jn Foreiign
International Banking Corporation
G St
Uptown
Connave
Downtown
Center Market
New York Money Market Readout
New York money market report shows call money steady at 4 percent, with rates for call loans and short terms mixed. Sterling exchange steady with bankers' bills quoted around 4.854 to 4.955 in the market, sixty day bills at 4.85. Government and railroad bonds listed as irregular amid varied demand.
MENTIONED IN THIS ARTICLE
York
Frime Mercantile
Acta
New York
New York Exchange
London Unmarket rises as copper and alloys drift higher
New York report notes higher London Unmarket and copper futures while local metal trades stay quiet. Copper spot and futures lift while iron and speller markets show limited moves and varying local quotes across foundry grades.
MENTIONED IN THIS ARTICLE
New York
London
Jake
Eng- Hah
Foundry
Northern
Southera
Southern
Soft
Reading Leads Market Rally In Strong Trading Session
Reading was the standout today as stocks rallied with broad support and lingering optimism about financial prospects. The railroad group showed improved earnings and potential dividend growth, while Erie and Union Pacific movements signaled cautious bullish activity amid improving money conditions and overseas strength.
Financial Roundup of Railway Stocks on the Exchange
Trading on the stock exchange was kinder to railway issues than expected with Washington Railway and Electric stocks showing modest changes. The Washington, Alexandria and Mount Vernon Railway Company reported eleven months of gross earnings at 303,939, up 46,651, while net earnings rose to 140,159, up 24,209. Bell Telephone of Pennsylvania seeks listing on the Philadelphia Exchange.
MENTIONED IN THIS ARTICLE
Stock Exchange
Washington Railway and Electric
Washington’ Railway and Electric 4A
Capital Traction
Potomac Electric First
Washington, Alexandria
Bell Telephone Company of Pennsylvania
Philadelphia Stock Exchange
Chesapeake and Potomac Telephone Company
Washington Exchange
Washington Produce Market prices and receipts update
Receipts of fresh eggs moderate and market steady for nearby Virginia West Virginia and Southwest Virginia and North Carolina prices. Butter demand active with creamery and Western firsts at 29 30 and 24 28 cents. choose and good grades vary. Live poultry supplies steady ducks geese fair demand. turkeys and chickens varied by weight. dressed poultry and pressed meats showing active trade. vegetables active with assorted prices for potatoes beets carrots cabbages okra peppers beans spinach tomatoes and watercress.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
North Carolina
Turkey
Lost Asses and King’s Ironies in Aesop Style Tale
A cruel king offers the servant death unless asses are found. The servant returns with nine men, arguing they are greater than the lost beasts since they have families and remain uninjured. The king grants him rule and a seat, while a note mentions a contract vacancy removed from Equitable Life of New York and hints at a future victory by the widow. GEO. C. JORDAN, Washington Manager, 210 Bond Building.
MENTIONED IN THIS ARTICLE
Eading
L Et Mae
Equitable Life of
New York
Washington Cattle Market Report Prices and Ranges
Market notes show lambs and calves steady with cattle prices per ewt and per cwt across categories. Included are figures for beef cattle types, sheep, lambs, calves, primes and commons with ranges and per pound or per head values, reflecting grosser and ordinary grades and regional reporting.
New York Produce Prices Across Poultry Dairy and Grains
New York market report lists alive Western chickens at 12 and 13 cents, turkeys at 14, butter firmer with creamery and state classifications, cheese with varied colors and fat content, eggs steady with state and regional grades, flour and cornmeal steady, lard and cut meats steady, cottonseed oil and rosin unchanged, coffee steady with international quotes, sugars near steady, and fertilizers for potatoes and cabbages steady. Includes bids, receipts, and regional references for Penalty, Western, and Southern markets.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
Cordova
New York Grain Reports Mixed Wheat Rise on Export Hopes
Wheat receipts reach 80 000 with a firm spot market and higher futures as traders note improved demand and weather signals. May and July contracts show gains amid stronger cables and reports of European weather, while corn and oats trade on mixed outlooks with steady spot quotes and modest futures moves.
MENTIONED IN THIS ARTICLE
New York
Duluth
Europe
Argentina
Chicago Grain Market News From January Trading Day
Chicago grain markets showed a bullish session with May wheat rising to 1.0674 and closing strong amid export demand and cash wheat gains. Corn faded early but rallied on warmer forecasts. oats stayed quiet. provisions strengthened with hog values up and lard and ribs higher as receipts pointed to ongoing demand.
MENTIONED IN THIS ARTICLE
Chicago
Lveller
Outa
Shorts
Liverpool
Merket
Seaboard
Sffy
Minneapolis
Utah
Sim
May
Kiwek
Tocal
Oata
Lee
Laval
New York Cotton Market Rises on Census Report
The New York cotton market climbed sharply on Census figures with a close up 1e 23 points and sales around 50,000 bales. Opened firm with gains, trading active on bull support and heavy realizing as figures spur fresh buying, with Liverpool cables aiding the rise. Local bulls debate crop prospects, while some sellocks cite low printed cabices prices.
MENTIONED IN THIS ARTICLE
New York
Hales
Liverpool
Angus
Cotton Ginning Totals by State and Nation Report
The Census Bureau reports 4,956,427 bales ginned to Jan 1, 1998 from 1807 growth, with Texas leading at 2,002,738 bales and 2,985 ginneries. Georgia and Alabama follow with 1,725,278 and 1,030,721 bales, 4,591 and 3,436 ginneries respectively.
MENTIONED IN THIS ARTICLE
Cersus Bureau
Bates
Sea Island
Tleis
Florida
Georgia
South Carolina
Alabama
Arkansas
Kentucky
Louisiana
Mississippi
Missouri
New Mexico
North Carolina
Oklahomaa
Tennessee
Texas
Virginia
MINE OWNERS ORGANIZE IN WEST VIRGINIA
The West Virginia Mining Association formed at a meeting of over sixty mine owners and operators. Resolutions urged Congress to back legislation enabling the Geological Survey to investigate mine explosions and apply remedies. Operators pledged annual private research funding of eight to ten thousand dollars. William W. Page of Washington elected president. fourteen on executive committee.
MENTIONED IN THIS ARTICLE
West Virginia Mining Association
West Virginia
Congress
Geological Survey
Wiliam W. Page
Washington
Eight Lots Sold on Adams Street for Home Building
Francis A Blundon sells eight Adams street northwest lots to Andrew A Lukes for eight modern houses to be completed by spring. A two story brick at 1027 Flagler Place NW brings $3,745 to James R Tapp at auction. Nichols Avenue Anacostia vacant lots sell for $2.40. Hasry property to Cecelia Shea fetches $1,525. Seventeenth and V streets NW brownstone three story sells 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
In Baltimore on January 9, conferences among holders of the first mortgage bonds of Seaboard Air Line Railway and outside interests led to forming a protective committee. Sidney Shepard of New York was elected chairman, with Continental Trust Company of Baltimore named as potential bond depository if a deposit is required.
MENTIONED IN THIS ARTICLE
Mervican Tobacco
Atehisan
Weneray
Atchison
Tata
Baltimore and Ohio
Brooklyn Rapid Transit Ev
Central of Georgia
Wi i National Bank
Central of Georgia 2d
Inc
Treasury
Chesapeake and
Ohia
Gali Nia
Chicago
Allen
Parific
Irago
R. IL
Pacific B. R. Cot
St. Louis
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
Missouri
Kansas
Texas
National R. Te. of Mexico
New York Central General
New Jersey
Northam
Central General
Northern Pacific
Norfolk and Western
Oregon
Finnaylvania
Reading
General
St. Louia
Iron Mountain
St Laws
San Francisco
Louis Southwestern
Seaboard Air Line
Southern Pariile
Southern Pacife
Southern Railway
Ss. Ae
Texas and Parific
Tolada
St Louis
Western Mary
New York
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 Peel Trive
Baltimore
Ruails Way
Sidney Shepard
Continental Trust Company
Textile wages to stay up in Philadelphia outlook
Philadelphia manufacturers of textiles say the current year will be prosperous for both firms and workers with no wage cuts expected. Leading makers declare there will be no reduction in wages as the industry continues to thrive.
MENTIONED IN THIS ARTICLE
Philadelphia
Jen
LIVESTOCK MARKETS REPORT FROM NEW YORK AND CHICAGO
New York receipts 1 257 with no trading steady market. calves 475 receipts no trading. sheep and lambs receipts 1 458 with light supply and higher prices. hog receipts 5 628 steady to firm. Chicago cattle receipts about 6 800, steady to strong. hogs about 44 000 steady to higher. sheep receipts ~15 000 with strong to higher bids.
MENTIONED IN THIS ARTICLE
New York
Breves
Chicago
Baltimore markets report quiet trading across grain and dairy
Baltimore markets detail quiet, steady activity in grain and dairy. Wheat and corn hold firm with futures and spot quotes mixed. oats rye and hay show little change. Butter eggs and cheese remain firm. sugar prices steady amid thin receipts and exports.
Also Mentioned on This Page
Washington Port
Jan
Chicago Great Western
Reading the Market Leader
Curb Market
THE
United States Treasury
Boston
Massachusetts Electric
Massachusetts
United Shoe Mine
United Shot Machine
North Butts
Atlantic
Shannon
Ytakau
Taskell
Metal Market
Oi City
Wall Street
Apoetal
Washington Post
Lake Shore
Erie Railroad
NEW York Stock Market
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
Ste
Missouri Pacift
Ive Securities
Mit
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
Pittsburg
Gand
Oblo
Brooklyn Rapid
Canadian Pacific
Pullman Patece
O'Central of
New Jerseie
Chesapeake and Ohio
Republic
Uhicago Great Westert
Aha
Republic Steel Pi
Hivago
Northwestes
Rock Island Co
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
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
Local Financial
Lanston
Washington Produce Market
GEO. C. Jordan
Bond Building
Washington Cattle Market
NEW York Produce
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
Washington Loan & Trust Company
Act of Congress
Comptratler of the Currency of
John Joy Edaon
Riggs
D.real Estate
Heiskell & Moleran
H Street
Loyolo
Cey
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
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