Pennsylvania Railways Plans $20 Million Securities Issue Stuns Wall St
The Pennsylvania Railroad seeks authority at its March 12 meeting to issue 100 million dollars in stock and 100 million dollars in bonds, a move traders deemed unexpected and potentially inflationary. Earlier declines gave way to a late market rally as sentiment shifted to optimism about financing needs, tunnel work, and future expansion, with Amalgamated Copper and St Paul seeing strength while Canadian Pacific wavered.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Pennsylvania Railroad Company
Wall Street
Pennsylvania
London
Baltimore
Ohw
Cheseapeake
Ohio
Worfell Aut Western Holdings
Canadian Pacific
Montreal
Dispatch
New York Bond Market Glance at Listed Securities
A market slice from New York shows diverse bond and stock notes. Listings include American Tobacco, Atchison, Baltimore and Ohio, Central of Georgia, Chesapeake and Ohio, Chicago routes, Colorado lines, Erie, Japan certificates, Manhattan gold, Mexican Central, Northern Pacific, Norfolk and Western, Oregon Short Line, Pennsylvania, St Louis routes, Santa Fe, Seaboard Air Line, Southern Pacific, Southern Railway, Texas and Pacific, Union Pacific, Wabash, Western Maryland and others with bid and offered certificates noted.
MENTIONED IN THIS ARTICLE
New York
Jas
ER. Chapman & Co
B. Chipman
New York Block Exchange
American Tobacco
Atchison General
Atchison Adjustment
Atlantic Coast
Baltimore and Ostods
Baltimore
Otto Sifs
Brooklyn Rapid Trent
Central of Georgia
Central of Georgia Int Inc
Gentral of Georgia 2d
Gentral of Georgia , Inc
Ghosapeake and
Ohio
Chicago
Burlington
H. I
Pacifc Railroad
Paule Rafbald
Japan
Wille
Manhattan Consol Gold
Mexican Central
Minneapolis
St. Louis
Micaouri
Uxsouri
Kalattonal Abroad
Nexico
New York Central
Northern
Texan and Pacific
Toledo
St. Loui
Union
United States
St Wabash
Maryland
Wheeling
Wisconsin Central
New York Stock Market
C.b
Adama Express
Hangos City Southern
Prye
Hannax City Southern
Amalgamated Copper
Louisville
Nashville
Am. Car and Foundry
Am. Car and Foundry Pt
Minneapolis and
St. Louie
Boohml
Bt. P
Ste. Wi
American Cotton Fluid
Mo. St. P
Ste. M
Nat. R. KR
Mexico
York Central
Am. Smelt
ReAntn
Ontario
Norfoll and Western
American Sugar Refining la
Norfolk and Western
Am. Tobacco Pfd
Certir
Oath North American Me
Anaconda Mining Company
Northern Pavisiche
Atchizon
LOL Y
Pennsylvania
Atchison
Pappie’s
Atlantic Coast Line
Pitts
Ptt
Bey Os
Brooklyn Rapid
Pullman Palace
Ind
Central Loutharp
LHY
Central of New Jersey
En Ireniing
Chesapeake and Ohi
Republic Steel
Chicago and
Northwestern
Rock Inland Company Bot Abmee
Dod St. Paul
Rock Inland Company
Ayhivago
Trans
Btorn-Shhofield Steel
T and T. Pra
St. L
San F
St. Louia
Loula Southwestern
A Co
Colorado Fuel and Iron
Colorado and Southern
Bos Bari
Southern Pacific
Pacific Pra
Colo. and
Bonthern
Southern Rathoof
Cora and Southern
Southern Railway
Consolidated Gap
Uats
Tennessee Coal and Front
Res
Texas and Pacific
BOT
SBI
Delaware and Hudson
Bt. L
Western
Del
Lack
Werte
Union Pacife
Denver
Rio Grand
BoojDenver
Flo Grande
United
Union Pacifis Staten
Erte
Abie
Dua United Realty
Bria
United Statos Rubber
ROM Erie Faphi
Ide
General Electric
Mnited States Steel
Great Northern Ptd
United States Steel
Tage Mocking Valle
Carolna Chemical
Wabash Pt
Toterborough-Met
Pfd
Crs
Tay
Wella-Fargo Expres
International
UDG
Westinghouse Electric
Western Union
Wheeling and
Lake
F Street
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
Bank Clearings and Cotton Market Report from New York
New York banks show weekly clearing figures ending January 19 with year over year changes. The cotton market remains quiet with a steady close and a small net gain, amid varied futures activity and ongoing large spot demand in Britain and the American South.
Washington stock market closes with varied quotes across rail and gas firms
Washington and surrounding markets list numerous quotes for Washington Gas Company, Washington Railway and Electric, and related bonds and certificates. Trading shows mixed prices, with preferreds at 86 1 4 and common around 40 44, plus various municipal and railroad bonds and mining stocks quoted. Market activity notes call and bid prices, alongside futures and exchange listings, reflecting broad sector movement in utilities, rail, and finance.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric Common
Washington Gas
Mitchell Wining
National City Bank
Metropolitan National Bank
Security Storage Company
Norfolk and Washington Steamboat
Washington Gan
Washington Railway and Electric Preferred
Wall Street Gossip Tied to Pennsylvania Plan Hopes
Special to The Washington Post from New York on January 1 outlines trader bets on capital needs for railroads and industry, with estimates ranging from 2 million to 300 million. Rumors touch Canadian Pacific, Amalgamated, Union Pacific, and Standard of the party, amid bets on dividends and investor shorts before February hearings.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Pennsylvania
Httle
Quiet Stock Exchange Despite Dull Trading Day
Yesterday's quiet session saw only 2020 in bonds and 25 shares traded with little price movement. National City Bank rose to 140 from bid prices, Metropolitan Bank sold at 20, and Washington Loan and Trust elected its new officers led by John Joy Edson as president. Realty and Appraisal Agency declares a 3 percent semi annual dividend payable January 19.
MENTIONED IN THIS ARTICLE
Mortgags
Columbia Railroad
Metropolitan Railroads
Metropolitan Railroad
Washington Railway and Electric
United States Electric L
United Sten Electric
Potomac Electric Light Virus
Norfolk and Washington Steamboxtra
Chesapeake and Puramec Telephone
Washington Market Company
FubMa
Capital Traction
Washington Railway and Electric Common
Norfolk and Washington Stramboat
Washington Gas
Georgetown Gas
Chesapeake and Potomac Telephone
Mergenthaler Linotype
Lanston Monotype
Greene Copper
Mitchell Mining Company
National Bank starue—American
Capital
Central
National City
Columbia
Commercial
Farmers
Lintorn
Metropolitan
Washington
Trust Company
American Security and Trust
National Safe Deposit and Trust
Union ‘Trust Company
Washington Loan and Trust
Union Trust
Savings Bank
Home Savings Bank
Union Savings Bank
Washington Exchange Bank
Ariington
Corcoran
Firemen’s
Franklin
National Union
People's
Potomac
Riggs
Columbia Title
Washington Title
Mingollansous Atackt Southern Public Service Corporation
Graphophone Common
Graphophone Preferred
Security Storage Company
Washington Market
Fidelity Storage Company
Stock Exchange
Railway Common
National City Bank
Metropolitan Bank
Washington Loan and Trust Company
John Joy Edson
John A. Swope
Ellis Spear
Andrew Parker
Harry G. Meem
Boyd Taylor
Thomas Bradley
Frederick Eschelberger
John 5. Larner
Washington Loan & Trust Co
Ayert
Real Eatste
Joy Edson
Iohk A. Swope
Iea
SILI8_ SFBAI
Andrew Pari Eraastre
Tarrt G. Meem
Gold Divide Mining, Minning and Tunnel Company
Apltal
Practical Men Tis Valuable
Treasury
Waanington Invertora
Thera Perronly
Upham
H St. M. W
THE
Milling and Tunnel Company
New York grain market reports unsettled and volatile
The New York grain market shows wheat and corn mixed as receipts and exports rise. Wheat futures closed essentially unchanged after a day of gains and declines amid strong export activity, while corn and oats show steady tones and firm cash prices. Eggs and butter reflect tight supplies and prompt movement, with regional quotes firming on favorable weather.
MENTIONED IN THIS ARTICLE
W. B. Hibta & Co
Sirec
New York Stock Exchange
Washington Stock Exchange
Chica- Board of Trade
Chicago
Argentina
Northwest
Minneapolis
Stemdy
May
Jsoll
Re Tex
Duluth
Corm
Cnra
New York
Wushala
Sint
Mienet Ulgher
Jonuey
Dressed Poultry and Meat Prices Hover as Markets Shift
Receipts show liberal supplies for dressed poultry and meats with firm or rising prices on choice hens and turkeys. Market dullness for some items contrasts with steady demand for hog products and vegetables, while apples and dried fruits edge higher on limited supply.
MENTIONED IN THIS ARTICLE
Ortona
Virginia
Maryland
New York
Chamber
Florida
York Imperial
Ben Davis
New York Produce Prices and Market Lapses Jan 1
New York market notes general price levels for flour oats and meals. Flour receipts and exports noted with steady to firm trends across grains and animal products. Pork lard and refined fats hold steady, cottonseed oil and petroleum steady, vegetables and byproducts largely firm with limited changes.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Live Stock Market Report From New York and Chicago
Markets show receipts across cattle calves hogs and sheep. New York reports steady to firm cattle values with bulls and cows mixed. calves steady to strong with veals and Kentucky calves cited. Chicago lists steady to strong cattle and hogs with prime shipping grades and varied sheep and lamb prices. Exports noted of cattle and beef quarters for shipment tomorrow.
MENTIONED IN THIS ARTICLE
New York
Bo Iogna
Liverpool
London
Cntites
Kentucky
Chitago
Eatee
Washington cattle market prices and cautions on calves
Market reports show cattle firm on choice stock with moderate calf receipts and better lamb and sheep prices. Inspectors warn against sending undersized calves as they may be condemned. prices listed for cattle grades, hogs, sheep, lambs, and calves with inconsistent OCR entries noted.
MENTIONED IN THIS ARTICLE
N. D
Pune
Baltimore Markets Daily Grain and Food Prices
Grain and dairy prices show firm to unchanged stands across wheat corn oats rye hay butter eggs cheese and sugar. No. 2 red western wheat futures steady while receipts and exports listed. butter and eggs steady near midrange. sugar remains steady coarse and fine granulated values noted.
MENTIONED IN THIS ARTICLE
Baltimore
Zasler
Weston
Metal Market News From New York and London Prices
London tin prices fell with spot at 1 pounds 8 shillings and futures at 38 pounds 15s. Copper rose in London with spot 108 pounds 12 shillings. Local markets showed firmer iron and various foundry alloys with No 1 Northern foundry at 25 pounds 5s 0d and No 2 Northern at 24 pounds 7s 5d per unit.
MENTIONED IN THIS ARTICLE
New York
Jan
London
Tron Wan
Standard Foundry
Sis
Cleveland
Foundry
Northern
Southerm
New York Money Market Report Confused By Erratic Quotes
New York money market shows firm on call at 4 percent range with bid at 4 and offer at 4. Time loans easing for 60 and 90 day terms. Mercantile paper around 6 1/2 percent. Sterling exchange strong near 4.04 for demand and 4.65 for spot. Commercial paper and bonds listed with inconsistent figures and errors in OCR.
MENTIONED IN THIS ARTICLE
New York
Jan
Java
Prine Mercantile Paper
Sterling Exchange
Bis
Roy
Gil Quotations and Market Notes
Toledo open shows North Lime at 99 and South Lima and Indians at 65. Atlantic City reports January 11 credit balances with La Rom bor at 71. Shipment totals reach 147,889 with an average 151,028.
MENTIONED IN THIS ARTICLE
Toledo
Lima
Atl City
Bor
China Buying Less Cotton Goods in 1905
A Commerce and Labor Bureau statement reports Chinese imports of cotton goods fell in the year ended November due to higher domestic consumption. U S imports into China for eleven months in 1905 totaled about 31.0 million dollars, down from 17.0 million in the same period of 1904, while American shipments to China dropped from 28 million to 14 million dollars.
MENTIONED IN THIS ARTICLE
China
Bureau of Statistics
Department of Commerce and Labor
Unina
Sugar Crop Promising From Cuba Reports
Reports from Cuba indicate the sugar yield for this season will exceed prior records. Total production estimated around 1,500,000 tons, with the highest prior year at 1,109,000 tons. There is concern over the tobacco crop due to unfavorable weather threatening yields.
MENTIONED IN THIS ARTICLE
Cuba
Contractors Bid on Canal Contract
Isthmian Canal Commission offices expect at least two bids today for the canal construction contract and possibly more as officials meet with contractors. Bids will be opened at noon.
MENTIONED IN THIS ARTICLE
Isthmian Canal Commission
Norfolk and Washington steamers offer coastal excursions
Readers are invited to travel from Norfolk to historic points like Point Comfort Portsmouth Jamestown Yorktown and the expedition site aboard the Norfolk and Washington steamship line departing nightly at 6 30 p m The ships boast handsome cabins comfortable staterooms and modern appointments with connections to New York Boston and rail links to the South and other points Spirit of Winter is mentioned as a seasonal metaphor, while Hood's Sarsaparilla is pitched as a cure for rheumatism colds and related ailments.
MENTIONED IN THIS ARTICLE
Virginis
Tidewater
Point Comfort
Portsmouth
Jamestown
Yorktown
Norfolk
Delly
New York
Boston
Southern Tesorte
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Penny
Pennsylvania Railroad
St. Paul Common
Amorrow
Caah
Aed
Bank Re Iumn
Treasury Report
National Bank
Cistoma
General Fund
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USOT
Sapere
Jan A van
Curb Market
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Jao
Albany
Maine
Fitchburg
Nan Flaven
Hartford
American Rge. Chemical
America Sugar
Massachusetts Electric
Machusetta Electric
Sassachusetts Gasonne
United Fruit
United Shoe
North Butte
Ung Acande
Bingham
Dan
Bae Boston Consolidated Pdpet
British Columbia
Butte Coalition
Dean
Cumberland Ely
Granby
Greeny-Cananen
Tptra
Great Northern
International Salt
International Mercantile Marine
International Mercantile Marine Pfi
I Mackey Company
Macki Com
Murhatt Stinirg
Tennessee Copper
Bally
Trinity Copper
Rych
Amy ‘Washington Railway and
Etéciple
Bradstreet
W. B. Hibbs & Co
Forrest
Jam. I
Houston
Southern Spot
New
Jeong Agi
I. F
Pet
Detroit
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Local ‘Financial
NEW York Grain
West Virginia
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Tennessee
North Carolina
Weatten Frais
Rhaler
Washington Cattle Market
Metal Market
Gil Quotations
Rock Creek Auto and Wagon Works, Inc
Pa. Ave. N. W
T. Oliver Probey
President
Probey Carriage Ca
S. Thomas Brown
Farmers and Mechanics’ National Bank
J. K. Halley
I. E
Shoemaker
WM. M. Weaver
Capitaliat
J. Barton Miller
Miller-Shoemaker Real Estate Co
H. W. Fisher
Hlow. Fisher & Sons
Chas. F. Diggs
Breese
W. 8
Hibbs
Thos, L Hume
Wworshington Stock
Bem York Stock Exchange
District of Columbia
Swartzell, Rheem , Hensey Co
Warner Building
F Street Northwest
Seagzre
Campbell-Hudson Co
Srem
Bain
St. N. W
Cams Heiskell & McLeran
F ST
E.R. Chapman & 60
N. ¥. Stock Exchange
Broadway
M. G. B. Chipman
Cedar Street
State Street
Napoleon
France
Arthur Cowsill
Colorado Building
Sts
National Riggs Pan Pa
O.S. Treasury
Hood
Continental (Fire) Insurance Co
San Francisco
Wossen
Hth SL
Seseta
JAS. A. Marvin & Co
American Express Co
Traders National Bank
Quincy Selsh
Algin 3M
Lothrop
V. Pees
John B. Steman
G. Oo Walton
Jackson H. Ralston
J. G. Kimball
Union’ Savings Bank
Fourteenth St
Goldfield
Goldfield Mining Sock Exchange
Vost
Nevada
Mining Stock Exchanges
Reno
Geldteld
W. F.bond
Oldteld
Nevade
Anulal
Ernation Banking Corporation
Wall
Washington G Street
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Calcutta
Singapore
Penang
Hongkong
Canton
Cebu
Hanghel
Cokchama
Kobe
City of Mexico
Panam
National Safe Deposit, Savings G Trust Co
15Th St
U.S
Merchants & Mechanics’ Savings Bank
N. W. Cor
F. H. Smith Co
Smith
LD. Latimer
C. F. Nesbit
New York Ave
N. W
Jenkins & CO
Cella Commission Co
Missouri Corporation
Chesley & Spence
Omoes
Colorado Ballying
Francis R. Dooley & Co
Harrison Realty Omail
Hahivr