Market activity steadies as investors favor selling over buying
The Washington Post reports a broad rise in stocks after earlier uncertainty. Southern Pacific strength led to a market rally despite a Minnesota ruling against Great Northern's $60 million stock issue. Interborough Metropolitan, Brooklyn Rapid Transit, Amalgamated Copper and others gained while Canadian Pacific lagged. Banks showed solid gains, with Treasury funds flowing from rural areas and time money rates easing.
MENTIONED IN THIS ARTICLE
Court of First Instance
Minnesota
Great Northern Company
Great Northern
Southern Pacific Common
Exchange
Interborough
Houthorn Pacific
Interborough Metropolitan
Brooklyn Rapid Transit
Amalgamated Copper
St. Paul
Chicago and Northwestern
Union Pacific
Canadian Pacific
Government Bonds Market Report from New York
Government bonds steady with on call money around 2 4 percent and time loans dull. Sterling exchange quoted with bankers' bills at 4.8570 and 4.8130 for demand and sixty day bills. Prime mercantile paper at 6 1 4 percent. Bar silver at 88 4 percent and Mexican dollars at 62 percent.
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New York
Prime Mercantile
Sterling Exchange
New York Cotton Prices Hover Amid Slight Activity
New York on January 23 reports a modestly active cotton market sparked by the Census Bureau figures. Prices closed near the day’s low after early gains, with March around 9.49 and May about 9.60, down roughly 14 points from the top as bears resurfaced and selling increased ahead of tomorrow’s Houston receipts.
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W. B. Mibbs & Co
New York Block Exchange
Washington Stock Exchange
Chicago Board of Trade
New York
Cenma Bureau
Buren
Houston
Pelves
Wall Street Gossip on Railroads and Northern Pacific
Special to The Washington Post notes temporary restraining order against Great Northern and hints of a cash dividend up to 25 percent for Northern Pacific. Discusses Hull of stock, Union Pacific, Southern Pacific, Knickerbocker Ice, and bear pools, with brokers noting strong bull interest and rising liquidity in New York markets. Potential $40 million bond issue for AT&T subsidiary New York Telephone Company is also reported amid widespread borrowing rumors.
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Washington Post
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E. R. Chapmian & Co
G. B
American Tobacco
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Sae
Ag Atchison General
Atlante Coast Line
Lattimore
Ohio
Ie Kaltumocy
Irrooklym Rapid Fraesil
Central of
Georgia
Georg
Central of Georgia 3A Inc
Central of Georgia 34 Inc
Mahesapenko
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Japan
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Consol
Minneapolis
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Miouri
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Rational Railroyd
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Northern Pacific
Northern Pacir
Norfolk and Western Consolte Oe
Gregor
Pennsylvania
Ais
Reading Genere
Youle
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Logis
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Woard Air Line
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Erle
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Wozd
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jAmerican Cotton Oil Ltd
Stim SL P
Bankt Ste
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Missouri, Kans
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New York Central
Sr i
Ontario and Western
Nortalk and Western
Iazie
Sesee
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C. C
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Pullman Palace
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Republic Steel
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iSt. L
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Hs Proiect al Hong
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Berkley
Portsmouth
John L. Williams & Sons
Bankers
Cor
9Th and Main
Richmond
Banxers
14Th Street
A. Ww
H. Agnew
ALSN
11Th St. N. W
American Graphophone Company
Edward D. Easton
Ee Ton
District of Columbia
Eleran
Washington Cattle Market Receipts and Prices
Receipts of cattle mixed with warned against undersized calves due to strict stock inspection. Prices show extra cattle about 6.00 per cwt. common cattle 2.50 to 3.00 per cwt. calves 4.00 to 6.00 per cwt range. sheep 4.00 to 33.50 per head depending on class. prime calves 4.49 per lb, medium 3.78 per lb, grass calves 4.00 per lb. prime cows around 40.00 to 50.00 per head.
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Ehalee
N. B
Stock Exchange Notes Bid and Patchy Demand on Railways
Daily trading on the Stock Exchange showed interest mainly in Railway preferred, Metropolitan Bank, and National Safe Deposit. National Metropolitan Bank rose to 320 with buys at 320 and 321 1/8. close bids stood at 321 while offers held at 325. Railway preferred fell after a bullish day.
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Railway Preferred
Metropolitan Bank
National Safe
National Metropolitan
Washington Railway and Electric
Railway Common
National Safe Deposit, Savinga and Trust Company
Washington Market Quoted Prices and Range For Eggs Butter Cheese
Wholesale prices steadied as eggs receipts edged up and butter and cheese markets showed varied moves. Regional notes cover Virginia West Virginia North Carolina Tennessee and nearby markets with listed farm and dressed goods prices, poultry supplies, and vegetable and fruit offerings reflecting a steady to firm tone in multiple sectors.
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West Virginia
Southwest Virginia
Tennessee
North Carolina
New York State
New York
Florida
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York
Lou
Wheat Advances as Millers and Exporters Buy
In Chicago on January 23 wheat for May delivery rose over 1 ten per cent, driven by urgent demand from mills and exporters. Corn and oats gained, while provisions fell slightly. the market closed near its highs amid strong cash demand and rumors of export purchases.
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Ni No Industrist Balika
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