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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jan 12, 1909
Page
2
A turbulent session unsettled by sensational rumors on Consolidated Gas and other major stocks. Traders highlighted a sharp pullback in industrials, while authorities denied actionable tips and signaled possible adjustments in sterling exchange could lift gold exports later.
January 1 1909 report lists U S Treasury receipts postal and tariff items and bank note figures with detailed quotations from New York stock exchange items including national banks gold certificates and railroad bonds, reflecting market activity and price levels across multiple sectors and major issues. The page records bond yields, gold and silver markets, commodity prices including wheat oats and sugar, plus broker commissions and money on call indicators for early trading.
Market notes show broad lines on eggs and poultry with varied regional prices. Beef and lamb receipts and trends indicate steady to firm values while hogs and vealers move with supply, demand, and seasonality. grains and vegetables display mixed wholesale levels and shifting demand.
New York reports Nat ional Bisauit trading at 101 marking the first such level since its NYSE debut years earlier. Traders note pale support for declines in Eres and a run on the tape as prices swing from 45 to 41 before uneven recoveries. Rumors swirl over Supreme Court upholding the 8 cent gag law and Harriman health, while sentiment shifts on Wisconsin Central Denver and Big Grande, with gold, trusts, and rate-law talk shaping cautious mood.
Trading on the Io dal stock exchange showed higher activity in Washington Gas stock with 125 shares sold at 68 and a 25 share lot at 67 7 8 bid 67 7 8 for more. United States Trust Company attracted bids but no offers. bank listings saw little business. Lanston and Mergenthaler shares moved with thin offerings. Building activity in Washington rose 1 percent in 1908, with 4167 buildings erected, placing Washington eighth among U S cities for construction gains while several cities reported declines.
A Treasury Department construction collapse endangered E C Alvord and his draymen when a steel rope laden boom toppled. A messenger boy guided by presence of mind and two horses narrowly prevented serious injuries as the beam struck outward and dropped across the street. The incident, caused by faulty metal in the iron rigging, halted work and prompted inspection.
Agnes Llwis reports difficult breathing and weakness improving with Dr Miles Heart Remedy. The ad claims quick breath on exertion signals weak heart action and promises safety and strength for weakened nerves and muscles plus a money back guarantee on the first bottle.
A dense market report from New York dated January 11 details prices and status for livestock, dairy, grains, and oils. It notes modest shifts in Western cheese and butter, steady hogs and cattle, with corn and oats receipts and export activity, alongside weather-impacted demand and mixed futures.
New York reports James B Wilgoy a Texan accused of possessing three antique cups was freed after Charles W Morse intervened promising work. Wilson had been held in a Milty hotel cell adjoining Morse. arraignment found no evidence. He plans to return to San Antonio Galveston awaits.
Camden January 11 Judge Joline sentenced justice of the peace Ansor NT to three months in prison for returning about 120 dollars after levying on automobile owners under speed laws. Among those fined by the state justice were Judge Holland of the U S circuit court in Philadelphia and Frank Brees, United States aviator from New Jersey.
Market notes a heavy snowfall hindering local packing and broad selling pressures on corn oats and wheat with May and July futures edging lower. Reports from Minneapolis Duluth Chicago and the South indicate mixed demand and rising supplies while cash hogs at Western centers show steady to weaker bids.
Readable lines show steady bids and price indexes across major markets. Notable entries include New York Boston Philadelphia Houston Augusta and Memphis with mixed futures and spot quotes. Consolidated figures list pots net at 12032, with global references to Great Britain France Japan Mexico and other nations.
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