This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 18 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jan 28, 1909
Page
29
The Washington Post reports a broader and stronger stock market with higher prices amid renewed speculation and liquidity in rails and banks. Denver and Rio Grande led gains with other utilities and industrials advancing. Hariman rumors and corporate statements drew attention as investors priced in easier money and improving economic signals despite war anxieties.
New York January 27 cotton market slipped amid tepid activity and weak late trading. Short-seller pressure from Memphis and New Orleans tied to a rumored bear pool, with around 50 000 bales traded that day. Private tips conflicted on spot demand while Liverpool cables noted some Southern selling and firm holders under pressure. Prices closed near the day’s bottom with January futures at 86.50.
The report lists wholesale quotes for metals and produce across Washington, Virginia, Tennessee, North Carolina, and West Virginia. Butter and cheese prices show firmness, live poultry supplies and prices vary by type, dressed meats and game items are priced by cut and weight, and vegetables and fruits highlight steady markets with modest receipts.
Cattle and calves show active demand with better grades sought at higher prices. Hogs steady to strong with heavy hogs shipping at 6.40 to 6.50 per cwt, mixed ranges. Sheep and lambs receipts strong, lambs slow but steady near 6.00 to 7.50 per cwt for various grades. New York and Chicago reports add mixed receipts and market shifts, plus a Canadian bond issue facing a cool market reaction amid higher interest rates.
The Washington Fest dispatch notes weak American stocks in London led by Canadian Pacific with several names slipping. Bulgaria's uneasy stance affects Europe while Bank of England expectations hint at no immediate rate cut. Gains limited by late morning amid rumors around Chesapeake and Ohio and Western Pacific amid Hoosier market speculation.
Traction shares drew top attention on the local market with Washington Railway and Electric stock trading near 87 7 8 and 88, a new high for the day. Only limited deals occurred as scarcity persisted and other issues saw light activity including Mitchell mining and National City Bank. In real estate, Boss & Phelps sold a residence at 14 R Street NE for 4400 to Murray W. Glenn who will reside there.
Spelter advanced slightly in London while iron held firm in Cleveland. Local market quotes: No 1 foundry Northern at 17.00 to 17.15, No 2 at 18.75 to 17.25, No 1 Southern and No 1 Southern off at 17.25 to 17.75. New York money on call easy at 1% with time loans easing. prime mercantile paper 3 to 4 percent. Bankers’ bid for 60 day bills at 1. A6. demand at 4.8735. Mexican dollars quoted at 44. Government bonds weak. railroad bonds strong.
Chicago grain prices rose through the day driven by abroad political tension and renewed export demand. Wheat finished near day’s high with May at 1.07 and July at 97 percent. corn and oats also advanced while provisions held steady. Local receipts and export sales supported a broad market rally as investors covered shorts and cash oats demand reappeared from New England.
Wheat receipts total 51600 with exports 19002 spot firm at No 2 red 1.084 to 1.09 and futures May 1.10 1/16 July 1.10 13-16. Corn receipts 16750 exports 26084 spot firm at No 2 yellow and No 2 white. oats receipts 1550 exports 1200 spot steady with various grade listings. barley and rye steady amid demand shifts and light farm stock transacts.
Market notes from New York include varied movement across poultry butter cheese eggs and flour with receipts steady or rising. Prices for lard pork and pork products show firmness. cornmeal and wheat flours hold, petroleum rosin and coffee steady. potatoes and carriages unchanged. peanuts and freight charges stable.
Special Consor Agent H. M. Davis reports that U S flour exports to western Europe suffer from price fluctuations and slow rail and ocean transport, risking a trade decline as Belgium and France provide competing sources. The note warns quicker transit is needed to protect American mills and markets. It also highlights growing tourist interest in Bermuda and the West Indies and promotes travel guides from A. E. Outerbridge & Co. and information on Locomotion steamship schedules for Quebec Steamship Company listings.
Attorney General Bonaparte discusses Senator Tillman at length in a U S Supreme Court brief on the commodities clause and interstate railroads. He argues stock ownership is banned and notes Tillman offered a substitute against such ownership, voted down by a wide margin, yet urges the decision should not imply consent to allow ownership.
London January 27 There is reason to believe the naval conference crisis is over mutual concessions have been made on disputed points and a code for the prize court may be agreed upon The United States and Japan showed yielding stances on continuous voyage with continental powers The State Department has not received today any advices from the conference
Chief Justice Cienaugh signs order at Alsop Process Company request to show cause why prosecutions against nitrogen peroxide flour bleaching should not be withdrawn. Company claims regulations are arbitrary and injure business. Alsop manufactures bleaching machinery and holds patent on its process. Secretary Wilson seeks department counsel with Bonaparte aid. Baker may appear for the DOJ.
President Gomez voids the Venezuela tobacco monopoly on January 2 allowing imports and local manufacture of tobacco. Venezuela planters gain freedom to raise and prepare their own tobacco as part of the decree. In Lynchburg, a committee seeks plans to bring the Pope motor plant from Toledo to Lynchburg, with Baltimore and Richmond among proposing cities. The plant employs 1,000 mechanics and sells about two million dollars in automobiles annually.
New York Jan 22 The Iron Age reports a quiet steel trade with January typically slow and buyers cautious amid tariff uncertainty and price doubts. Rail sales lag with 5000 tons for Nickel Plate and 80000 tons for New York Central not yet allotted, while bids for Baltimore and Ohio remain unbooked. New Haven plans 600 tons of old iron and steel rails from McKenna Process, Trembley Point NJ. Structural material demand shows pockets of activity, with 10000 tons of material needed and current outlays around 15000 tons. Pig iron markets weak nationwide. some furnaces offer concessions 2 to 50 cents. American Sheet and Tin Plate runs at limited capacity. coke producers seek price floor of 175 per oven. Copper remains quiet with 1414 cents for lake and 184 for electrolytic, doubtful of sustaining gains.
On City, Pe, Jan 2 credit rates 31.78, runs 5,088, average 141,712. Shipments 161,905, average 175,547. Toledo, Oh ie, Jan 27 North Lima 1.04, South Lima and Indiana 99. Reported oil quotations and market indicators for multiple regions with brief figures.
Visitors from Washington and others may take weekend trips to Old Point Comfort. The Norfolk and Western steamers offer inclusive tickets covering travel and hotel board at Hotel Chamberlin, with Friday and Saturday departures and return by Monday. Tickets on sale at 5 Fourteenth Street. wharf at foot of Seventh Street.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.