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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Jan 17, 1907

Page

33

Stock declines as heavy selling hits market in brief

Stock prices mostly fall with heavy selling by speculators as Southern Railway, Erie and Amalgamated Copper spark fears of new capital raises. Despite turmoil, key rails and papers show pockets of support while London rates ease and U S banks report weekly gains amid tight money markets.

Southern Erie

New York Stock Exchange Bond Quotes January 194

Furnished by ER Chapman & Co with manager G B Chip tan lists listed bonds across major issuers and markets. Entries include American Toneco and Anochego issues, Atchison adjustments, Central of Georgia, Chesapeake and Ohio, Chicago and Alton, Chicago Duritoxton and Quincy, C and St Louis, Colorado Industrial, Cuba, Erie, Japan certificates, Adams certificates, Manhattan consol gold, Mexican Central, Minneapolis and St. Louis, Missouri Pacific, Reading, St Louis and Iron Mountain, Wabash, Union Pacific, and other rail and utility debentures and government bonds with bid offers and settlements.

New York ER. Chapman & Co G. B. Chiptan New York Stock Exchange Toneco Onseco Alchisoh Atchison Adjustment Atlantic Coast Itimora Ohio Baltimers Brooklyn Rapid Trenalt Central Georgia Gcentral Georgian 24 Inc Central of Southern da Cuba Beater Rio Grande Distiers' Securities Erie Erie General Hooking Valley Japan Jspao ADAM Ouleville Noahvtl Manhattan Consol Gold Mexlean Central Mexican Central Minneapolis Bt Louis Southwestern Seaboard Air Line Southern Pacific Tnt Southern Railway Texan Nd Pacific Toledo, St Louis and Western Union Pacific United States Stee Wabash Maryland Wheellpg Wisconsin Central Ds Adisenemees cortiMestes New York ST Salen C.B C.B. Jadems Hanses City Southern Amalgamated Copper Cangas City Southern American Car and Boundry Lawlevite and Nashville Borkbo Minnneapolis St. Louis American Cotton OM Pfa. Soc Sault Ste American Eixpreg Bt P Norfolk and Western BBC American Teb North American Anaconda Mining Co Northern Pacific Ubt Atelmeo Pacific Mall FIM BT Atchinon Pia Jtgo Pennayvania Tae Baltimore Pittsboro St. Lescis Baltimore and Brooklyn Canadian Pacific Centrel Fonso Central of New Jersey Chesapeake and Ohio Bax Sibax Republic Steel Chicago Great Western Chicago and Northwestern Rock Island Co Chicago Mal and St. Fa ISGR Chicgo Slaea Sheffield Steel Southern Cifle FIAT Colo Southern Ta Ptt Tennentee Corl and Iron Texas Pade Delaware Hadeca Beistasiats Toledo Stl Weet Sea Sty Dal Lack and West SCO St. TL W. Pla. Bla Denver Flo Grande Union Packie Denver and Dvintilieret Securities United States Express Aox United States, Steel Staten Rubber Ptd Great Northern United States Steel Hocking Valley Virginie Carolina Chemical aBial Minoty Central Carolina Chemical Interborough-Metropolit Bite Interborough Wabash International Walle Fargo E ‘International Westinghouse Electric Western Union Wheeling and Lake Erie Iowa Central Wisconsin Central Hows Central Wisconsin Cestral Pfd Bose Cokers Fatreet New and Washington Stock Exchange

Wall Street Gossip on Southern Railway Bears Market

A Washington Post note from New York on January 16 reports bears twisting President Finley of Southern Railway’s statement to justify selling. The selloff centers on Southern stock and a prominent banker’s illness, with strength seen in Harriman issues and Allied copper. St. Paul, Northwestern, and Union Pacific routes affect trading as brokers seek calls and routes. Strong rail stock issuance follows, yet broad market weakness persists amid bull arguments that trigger selling.

Washington Post New York Southern Railway Hile The Southern Wall Street Erie Erie Company Chicago and Northwestern Railway Company Amalgamated Northern Northern Pacific St. Paul Southern Pacific Union Pacific London Bank of Engand Finley Harriman Amalgamated Copper Pennsylvania Baltimore Ohio Northwestern Chicago Pacific Coast Western Unison Great Northern Rock Island Aitchison

Stock Market Notice From York Exchange Bankers

Market report received by W. B. Hibbs & Co bankers and York Stock Exchange Chicago Hoard of Train shows trading activity and financial updates for the period.

W. B. Hibbs & Co bankers and + York Stock Exchange Chicago

London and New York metals markets update

New York reports a 1s advance in London tin with spot 189 and futures £90. Locally tin at 41.25 4L. Copper in London down with spot £108 and futures £108 12a. Locally copper firm with Luke 24.00 24.75 electrolytic 24.25 24.50 and casting 34.00 24.25. Lead unchanged at 6.10 6.25. Iron higher in London. US notes mixed local quotes for foundry iron levels No 1 Northern 25.25 28, No 2 Northern 24.75 25.95, No 1 Southern 26.00 26.60, No 2 Southern 25.00 26.00.

New York London Standard Foundry Cleveland Hittla Flemer Foundry Northern Foundry Southern

New York Money Market Snapshot January 16 1924

New York on call money ruled at 8 percent bid 2 percent offered at 2 percent. Time loans for ninety and sixty days near 6 percent. six months 6 percent. Prime merchant paper 6.5 percent. Sterling exchange firmer with bankers' quotes around 4.8529 for demand and 4.8149 for sixty-day bills. Posted rates 4.81 4.82 and 4.55. Commercial bills 4.25. Bareliver 68 1/2 percent Mexican dollars 82 percent. Government bonds steady, railroad bonds irregular.

New York Prime Mercantile Sterling Exchange Bankers Otis

Also Mentioned on This Page

OCK Market Curb Market Metal Market Ing Butte Co Itsa Cumberland Ely Greene-Cananes Greene Copper International Mercantile Marine Am International Mercantile Marine International Salt A Mackay Company Iy Mackay Company Nevada Mitchett Mining Tennenco Copper United Washington Railway National Safe Deposit, Savings & Trust Co Cor New York Ava U.S Merchants & Mechanics’ Savings Bank E.R. Chapman & CO N. Y. Stock Exchange Broadway Washington F St. NW G. B. Chipman Washington Stock Exchange Washington Railway and Electric Co United States of America District of Columbia Benning Road Messrs. W. B. Hibbs & Company F Street Washington, D. C Brown Brothers & Company Regaa Epeye Lester A. Barr J. H. Granford Charles A. Douglass T. &. Dulin Stephen BR. Elkins WT Galliber Robert N. Harper James BH. Henderson A. Whit, Herron Thomas Somerville John T. Crowley Miller Kenyon Blair Lee Irwin B. Linton Colin H. Livingstone William H. Saunders James ¥. Shea George B. Walker Nathan Wallerstein G_ WEEDON Hoge T. Hendrick Bowie Chipman H. Lynn William Selby H. Saunders First’ Vice Press Lynn Cashier C_WEST A. W. Williams Berry & Minor Douglass & Douglass American National Bank W. B. Hibbs Thos. S. Hume W. B. Hibbs& CO York Henry Clews & GO 14Th Street H. Agnew Rodka Fisk & Robinson Bankers Cedar Street State Grvest Boston 11Th St N. W Norfolk Railway and Light Co Norfolk Norfolk and Portsmouth Traction Company Norfalls Berkley Portsmouth John L. Williams & Sons 9Th and Main Richmond F. H. Smith Co Q Smith K. D. Latimer C. F. Nesbit New York Ave. N. W Continental (Fire) Insurance Co San Francisco DEE Ales Jas A. Marvin & CO E. Quincy_Smith Alvin M. Lothrop John B. Siaman, Jr Deckson H. Ralston Khobel Union Savings Bank Fourteenth St Easy Swartzell, Rheem & Hensey Co Warner Building United Copper Company Stanley Gifford Campbell-Hudson Co H ST. N. W Frank Kane RM. Miner & Co Philadelphia No Delay Jeans Meierll & McLeeam Rnatic, Banking Corporation G Street Culoe Paulpine Islands Pampuine Bombay Calentis Sinnepses Penang Hongkong Canton Manil Shanghai Youohams Kobe Sannelac City of Mexico Panama Vdueis aarTha Bank Weeatineten Exchange Exchange Riggs Pan& Pa. Ave U.S. Treasury Ational Traders National Bank Washington Loan & Trust Co CP Capital Joy Edson An A. Swope Preaidan Nea Reat Napoleon Unita City Arthur Cowsill Colorado Building Sts Gold Divide Mining Treasury Summit Park Counties Colorado Appis N.C. Upham Gold Divide Mining, Milling and Tunnel Company Uficer Jenkins & CO Cella Commission Co Ghesley & Spence Gelorado Batleing Soon Mele WE Tech Maio Francis R. Dooley & Co Becky Punt Ber Yeate Harrison Realty Company
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