Wall Street's Two Sides in Last Week's Market Movements
The market showed dual pressures with profit taking and bear selling as stocks fluctuated after a long trend. European conditions remained stable amid Moroccan conference diplomacy while U S weather aided rail and industry. Union Pacific and other major issuers seen in profit taking, but overall economic strength supports ongoing investment.
MENTIONED IN THIS ARTICLE
Union Pacific
Washington Post
New York
Jane
Wall Street
Stock Exchange
Europe
London
Paris
Berlin
Algeciras
Garse
Tha Radistole
Ted Tulway
de la Bourse
Wall Street Weighs Union Pacific and Rail Merger Bets
Market chatter focuses on Union Pacific dividend plans and the influence of pending gains in Northern Pacific Great Northern stocks. Investors eye large advances in railroad shares like Brooklyn Rapid Transit Southern Railway and Colorado Fuel and Iron while awaiting potential settlements in copper interests and broader transportation improvements on Long Island. The week ends amid selling pressure as traders anticipate a dull period ahead and potential long term benefits from Pennsylvania Railroad expansion.
MENTIONED IN THIS ARTICLE
Union Pacific
Wall Street
Northern Pacific
Great Northern
Brooklyn Rapid Transit
Long Wating Heinze
Amalgamated
Montana
Colorado Fuel and Iron
Southern Railway
Brooklyn
Interborough
Pennsylvania Railroad Company
Brooklyn Company
Long Island
Daniel F. Kellogg
Larger tobacco sales and steady prices improve market outlook
Special to The Washington Post reports Danville Virginia and Petersburg and Tanchburg tobacco markets showed heavy leaf sales last week. Prices remained strong across grades, wrappers in demand, but medium and high grade fillers less so. Weather favored marketing with large weekly receipts and expectations of a market glut next week.
MENTIONED IN THIS ARTICLE
Washington Post
Danville
Petersburg
Sela
Tanchburg
Celebrate Tenth Anniversary Banquet for Washington College of Law
The Washington College of Law will mark its tenth anniversary with a banquet at Rauscher's next Saturday evening. Alumni and former students plan to attend. letters from abroad and the Far West are expected. The class of 1907 leads the arrangements with Miss Sophie Bishop Kent as toastmistress. Dean Ella Spencer Massey will reply to the first toast, with speakers including Robert Person of the Treasury and Mrs. Donald McLean, president general of the Daughters of the American Revolution.
MENTIONED IN THIS ARTICLE
Washington College of Law
Rauscher’s
Far West
Sophie Bishop Kent
Ella Spencer Massey
Robert Person
Treasury Department
Donald McLean
The
Daughters of the American Revolution
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New York City
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F Street
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Washington
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40Th St
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D. Waters & Sons
Johnson
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Thomas Bradley
Jenkins & CO
Jenifer
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St. Louis
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Y. Ave
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George
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New York Ave
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Association
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Washington Mortgage Loan Co
F St. N. W
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Treasury
Pennsylvania Railroad
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Fef Street
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14Th
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