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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Jan 19, 1907

Page

25

Sharp Drop in Stocks Causes Broad Market Slide

New York reports a day of sharp declines across many equities led by United States Steel and Amalgamated Copper shares. Heavy selling by speculators and widespread liquidity concerns propelled the fall, with prices near year lows and a rush of trading volume as financials, rails, and industrials dropped.

Washington Post New York Union Pacific Southern Pacific Atchison Common Reading St. Paul Northern Pacific Great Northern Pennsylvania United States Steel Common Canadian Pacific

Bank Clearings and Commodity Prices Report

London tin and copper eased while lead and spelter held. iron and foundry prices mixed. In New York Baltimore wheat and corn futures rose amid dull overall receipts. butter and cheese steady, eggs firm at 2 cents.

New York London Pol Standard Foundry Cleveland Northern Fouthern Bonthern Baltimore Wilmington Norfolk Boston Stoas Philadelphia Memphis Lewis— Dull Cincinnati Louisville Great Britain Continent Japan Atoll France

Wall Street Gossip on Union Pacific and Railroad Trade

Special to The Washington Post describes continued heavy trading in Union Pacific amid rumors of new capital needs to fund stock acquisitions. It notes potential stock issues or short-term notes, mentions Delaware and Hudson, New York Central, Chesapeake and Ohio, and Northern railroads. The piece links market decline to rumor mongering and Western capitalists, with details on liquidity, money markets, and low-rate loans for industrial collateral.

London Bank of England Fox Wall Street Bear Associated Press Widesprad United States Steel Union Pacific Port Arthur New York E. R. Chapman & Co G. B. Chipman New York Stock Exchange American ‘Tobacco American Tobacco Atchison General Atchison Adjustment Atlantic Coast Line Baltimore Ohio Baltimore and Owlos Brooklyn Eagle Transit Central of Georgia Central of Georgia Ist Inc Central of Georgia 24 Inc Central of Georgiad Inc Chesapeake and Ohio Chicago and Alton S. Seely Chicago Burlington and Quincy Pacife St.r Ory Chisagy Pacife HH Col. Bact C. C Colorado Industrial Ge Perles A. Wiez Colorado Midland Colorado Southarn Cuba Distilers Denver Ro Granda Securities REG Erie BK Erie General Hocking Valley Betriey Japan Ou Japan Louisville Nashi Manhattan Mexico New York Central General New Jersey Central General A. Oi Northern Pacifc Norfolk and Western Oregon Short Line Pennsylvania Reading General St. Louis and Iron Mountai St. Lola San Francisco St Louis Seaboard Southern Pacific Southern Railway Texas and Pacite Toledo St Tau Western Union United States Steel Escoad B. Ee Maryland Wheeling Lake Erie Washington Post Mahl Interstate Commerca Commission Delaware and Hudson New York Central Lowe B. Salen Hiab Adams Express Amalgamated Copper Kansas City Southern Car and Foundry Lowlayilis Nashville Ama von Oly Minneapolis American Cotton Oil St. P Ste. Bl American Express St P Ste M. Ptd Misouri Pacific American Ice Securities Missouri Kenzay Texas Mfo Kangas Texan Ptd Rylan Nat. R. R. of Prat Smelt and Refining BOM N. Y Ontario and Western North American Angconda Mining Company Northern Facine Atchteonics Pacific Mali Atchisan Anantle Coast Baltimore and Ohio St. Loui Central of New Jersey BEA Chezapeake Chio BLY Republic Stael Republic Steel Aid Northwestern Rock Island Company St. Paul Reck Island Company Ar Co Slose-Shefler Stuel Chicago T T. Nfa St. L Ban F Tennessee Corl Texan and Pacific Mig Delaware and Hhidaon Aoa Del Lack Bt. L Denver and Rio Grande P.u. al Erle United States Rubber General Electric Great Northern United States Steel Ltd Acolos -Carolina Chemical Wheeling and Lake Eri Jews Central Wisconsin Central Giowa Central W. B. Hibbs & Co Bankers and Brokers F Street Chicago Board of Trails Washington Stock Exchange National Safe Deposit Savings G@ Trust Co Cer Ith St New York Ave Benning Road Messrs. W. B. Hibbs & Company Washington, D. C Bombay Calcutta Singapore Papang Hongkong Canton Mantle Cebu Shanghai Yokohama Kobe City of Mexico Panama Washington New York sgThe Bank Washington Loan & Trust Co Ancintent Treacatsy Eatate Trust Smeer Gold Divide Mining, Milling, and Tunnel Company Treasury Tte Summit Park Counties Tight Sun N.C. Upham Gold Divide Mining Broadway Cola

New York Cotton Quiet After Mixed Trading Day

The New York cotton market ended very steady with a small advance as buyers covered shorts. Opening declined about 2 to 6 points amid pressure from Liverpool cables and large receipts, while late session buying supported prices close to the best. Exports remained very heavy, near record levels for the crop year.

W. B. Hibbs & Co New York Stock Exchange Washington Board of Trade New York Jag Iverpool Georgia Alabama

Pennsylvan ia Railroad to Acquire Philadelphia and Erie

Philadelphia January meeting shows the Philadelphia and Erie Railroad to shift full control to the Pennsylvania Railroad in exchange for stock. Pennsylvania Railroad already holds a majority and operates the line. Erie stockholders vote February 11 on the proposal. Paro Ointment advertises 50 cents with promised cure times for piles.

Philadelphia Philadelphia and Erie Railroad Company Pennsylvania Railroad Company Pennsylvania Railroad Philadelphia and Erie Company Pennsylvania The Erie Company

Also Mentioned on This Page

Amalgamated Copper Company Lkely United States Steel Corporation Steel Corporation Gary Treasury Report Cvatoms Bussian Cola Colm Tota General Fund Philippine Treasury Lsbidder Metal Market Braintree Beaton St. Louis Pittsburg Kansas City New Orleans Hoveland Loulaville Darralt Los Angeles Omahi Milwat Providence Buffalo Indianapol Deaves Seattled Richmond Si ‘Washington Savannah Bati BA Atimta Birmingham Lincoln Albany Maine Esachusetis Electric Smichusetts Gascore Gatten Fruit United Shoe North Butte Atlantic Bingham Copper Shronon St Ste Marie IRS New York Stock Market Penny U.S Merchants & Mechanics’ Savings Bank F. H. Smith Co Smith LD. Latimer C.F. Nesbit N. W Union Savings BANK Fourteenth St Batato Calumbia Weiberil McLeran Blake Rifle Company John Henry Blake William Wolfley B. Frank Cash Potomac Electric Power Company Consolidated Washington Railway and Electric Co United States of America United States District of Columbia Brown Brothers & Company Ernation ‘Banking Ctreet China Philippine Telands National Safe Deposit, Savings and Trust Company OF Congress Thomas Nes Charles E, NY Man Woodbury Blair Francis Riggs Thomas R. Jones Charles E. Nyman Francis Ricca A. D Charles C. Lamborn William D. Hoover S. Thomas Brown W. E. Edmonston Walter Horace Wylie Henry Orth JG. W. Gray Campbell-Hudson Co H ST. N. W Nth St. N. W Egeing Tem Sears Harrison Realty Company G Street District of Golembis Swartzell, Rheem & Hensey Co Warner Building F Streat Northwest Fisk & Robinson Bankers Cedar Street State Street E.R. Chapman & CO N. Y. Stock Exchange Napoleon Bonaparte Arthur Cowsill Colorado Building 14Th and Sts Exchange Brocie & Bonds W. B. Hibbs Continental I (Fire) Insurance Co Sana Francisco BEE Ay Jas A. Marvin & Co Traders National Bank Depository of Public Moneys of U. S Washington Exchange Bank O. L. Wolfsteimer Co Q. S. Wolfsteiner Max, Wolfsteiner Teuktann Beiler Charles Thomson Samarr Henry F. Mdenour Notary Public Chesley & Spence Oilen Mabe Mir Grain Jenkins & CO Cella Commission Co Miscourt Frank Kane & CO Miner & Co Phildelphie Lewis & Coq Francis R. Dooley & Co
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