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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Jan 31, 1908

Page

9

Price Decline and Bond Demand Slump In Wall Street

New York stock market experiences profound dullness with negligible outside participation. Traders react to a pending presidential message urging labor reforms and possible changes, while bond demand falls and large block sales occur amid widespread bank suspensions and rumors of policy shifts.

New York Bank of New Amsterdam Mecrantes and Traders Bank United States Congress Suakeler Wall Street Sinuyp Jehan Lar Bettev-D Liv Banke Oriental Tank Mergent

New York Bond Market Highlights and Local Moves

The local exchange showed a brief trading session with 100 Langton shares at 1014, 16 Washington Exchange Bank at 105, and $500 Washington Railway and Electric. Gas stock rose to 68 with a bid, while Georgetown Company posted a quotation for the first time in weeks. George W. Young retires from Commercial Trust, linked to stock transfer agency ties to Washington Railway and Electric. Upcoming meetings include Washington Gaslight on Feb 3, Firemen’s Insurance on Feb 17 seeking a perpetual charter, and Washington, Alexandria and Mount Vernon Railway on Feb 6 at Mount Vernon to elect directors.

Stec'x 'Exchange Langton Washington Exchange Bank Washington Railway and Electric 4E Georgetown Commercial Trust Company of Jersey City N. 5 George W. Young Lergely Washington Railway and Electric System Washington Washington Gaslight Company Firemen's Insurance Company Congress Alexandria Sake M. ‘Lanaton Weakinsta Exchanga Bank Washington Railway and Electric 4S Be. Mergenthaler Duntetfona An Yesceréaya Stock Exchange Auked Philippines District of Columbia Washington Gas Company Washington Gas Co Atte Ina HignsLow Satoe Capital Traction R. Save TD Hign Amalgamated Copper Kansas City South Columbia Railroad Inort Farenil Founery Louisellig and Nashville Metronalltan Railroad Fe Minneapolis St. Louis Washington Tr American Coctan Gil Pfd Co Si. P American Express Mi. St. Po M. Pd Evsefos Potomac Electric Light Norfolk and Wash Steamboat Americean Jeo Securities Miemout Wangs Texas Kaw Sun Capital ‘Traction Amer Beyer IN Ontario and Western Washington iv Flee Washington and Blee Norfolk Ant Norfolk Ant Weatern Norfolk and Western Pid Este Korfrilk Molamtricen North American Washington Gas Am Tobacco Etts Georgetown Gas Anaconda Mining Co Northern Pacific Ae Totanhone Pennsylvania Son Pactie Mall Atchison Pittehs St. L Galutmora Ohio Lanston Greene- Cannon Canadian Pacifte Pullman Palace Gentral of New Jersey Hieasgliongyiby Mitchel” Mining Chicago Northwestern Rock Island Go Mil Paul Fad Fuia Seo Rock Island Co Sheago Tarma Tosi Lincoln Ser eiBb Loula Southwestern Metropolitan Boig Vals Southwestern Colrads Shomeld Steel Columda Southern Colorado South Washhington Colorada Itil & Eq Si Southern Rathway Seal Union ‘Trust Company Delaware and Hudron Toledo Washington Lon Hea United Stang Trust Co Delaware, Lark, and West Union Pact Medea Denver Lo Grand Oak Union Facili Pia Rio Grande United States Home Savings Bank Matittlens United States Realty Ferchants Meenanica' Bank Guopeio Cseseesesee United States Rubber Styota Washington Ringe Bank United States Rubber Ned Union Savings Bank Erto United States Steel PEA General Ele Rie Coumbia Arlington Noram Virginia-Carolina Chemical Bry Hase Enteal Wa -Carolina Chamiecal Pra Jae Commercial Stemnational Wabash Corcoran Loria Wabash of eOl International Pump Welle-Fr Express Wentinghoven Electric Verman- Atean Interborough-Metropolitan Bof Western Wnion National Union Faterborough-Mat. Ofd Wheeling and Lake Erie Wisconsin Central Riggs Ioliowa Central Pi Fa Wisconsin Central Pfa Urance Columbia W. B. Hibbs & Co F Street New York Stock Exchange Chicago Board of Trade Southern Public Service Corporation Washington Stock Exchange Washington Market

Washington Stock Exchange Briefs of January 20 1908 Trade Totals

Financial ledger style snapshot shows customs receipts 31,024,670 and internal revenue 43, including deficit figures and treasury balance notes. It lists gold and silver holdings, various bond and note issues, and securities across Pacific railways and national banks with large totals and outstanding balances.

New York B. J Hutton & Co Chipwail Tadnagert American ‘Tobacco American Tobacco Ison Rowral Mehien Adjustment Courortle Luntig Coast Customs Georgia Rlingkon Quincy Hirao EL Sued Park Railroad National Bank St. Louis Colorado Industrial Ja Perlen A Colsrady Midland Treasury Southirn Fa Bandara Denver Rio Grande Distillers' Securities United States Hocking Valley Dia Tivtarborough-Matropaliten Ig Japan Toe Taufevie Nashville United Manhattan Consol Xolt St Louis Missouri Kauss Tesny Missouri Kansas Texas National Railroad of Mexico Consol New York Central General Ss New Jersey Morthes Pacific Norfolk and Western Consul Oregon Ponnavivenia St. Lou's Amt Tron Mountain Lons San Francis Philippine Treasury Southarn Pacific Southern Pacife Reuthern Railway Sa Texan and Tuleua St Loin Union Pacific Sa Tulon Pacific Wabasa Sts Wabash Gebenty Maryland Lake Jois Sta jUmerod

New York Money Market Summary Jan 30 Credit and rates

NEW YORK MONEY MARKET. CREDIT balance and averages reported for January 30. Money on call easy with rates around 2 percent. time loans dull. Prime mercantile paper at 4 to 4 1/2 percent. sterling exchange firm with bankers’ rates around 4.87 for demand and 4.84 for sixty days. Mexican dollars and government and railroad bonds noted as irregular.

New York IMG Prime Mercantile Sterling Exchange Bankers’ Pita Gomnasrctal

Livestock Market Reports From New York and Chicago

New York and Chicago market notes show receipts and prices across cattle calves hogs sheep and lambs. Reports list varying bids for veals dressed meats butter eggs cheese and produce with general dullness in New York and steady to higher conditions in Chicago along with wholesale price ranges for poultry and fruits.

Recein Virginia West Virginia Yuno Calvey Gitte Greanfangs T. Sweets Shye York Toporigia Florida California Cranberrlas Barral

Wall Street Gossip on President's Message and Steel News

The Washington Post reports on Wall Street reactions to the President's upcoming message with traders expecting a mix of unfavorable content and possible policy changes. Traders discuss Reading stock firmness, Amalgamated Copper short interest, and speculative moves around United States Steel amid rumored acquisitions and legal battles involving the Harriman interests.

Amalgamated Copper

Washington Cattle Market Report Summary

Washington cattle market notes lambs quiet as calves active. Prices listed per ewt and per pound for cattle hogs sheep and lambs, with prime and common cow prices and calf rates among figures. Market ranges show butcher and ordinary values, plus variations by grade and weight.

Baltimore Markets Snapshot of Grain and Egg Prices

Baltimore markets report January 30 shows flour duties and exports around 5,103 and 2,994 units. Wheat and corn futures mix with No 2 white and No 3 white prices steady near 57 to 67 cents, freight rates to Liverpool noted. Rye and timothy prices hold, sugar and cheese steady amid broad market steadiness.

Baltimore Sligelm Ely St. Tecelpte Eesler Timothy Stover Liverpool Cork Fency Creamery

Wheat and corn prices slump on weak market signals in New York

New York reports Wheat arrivals 21,000 bushels with prices near 1.03 and 1.01% in elevators, futures down as bears push market lower amid Argentina worries and snow talk. Corn with 97,835 receipts shows spot ease, May and July futures slipping. oats also edged lower as markets digest wheat weakness and liquidation.

New- York Exporia Duluth Kaogas Tuly Ama Ryg New York

Chicago Grain Markets End Weak After Heavy Wheat Selloff

Wheat prices in Chicago fell from session highs as heavy selling by holders pushed May deliveries lower. Oats and provisions were mixed with oats weak and pork futures up modestly. Primary receipts showed large contrasts with last year, as reports from European centers and Argentine shipments depressed wheat despite broad market softness.

sLecy Barty Rats Chicago Argentina Activn Weilk Tao Eoh Minneapolis Duluth Ami Tike

New York Cotton Market Ends With Mixed Turnaround

New York cotton joined a fluctuating session with a net decline of 2 to 13 points after unsettled cables and firming spot markets. Trade showed heavy activity with 250000 bales sold as March dipped to 12.09 while other months closed modestly higher or lower on late covering and regional demand signals.

Engl Law. Ciose New York New England

Metal Market Summary in New York and London Largely Unchanged

London tin steadied with a small rise locally to 27.75 28.00. Copper plunged in London to 61 2s 4d spot and 91 16s 4d futures, while lead stayed at 15 in London, zinc slipped, and the market overall remained dull. Domestic prices held firm with No 1 foundry Northern at 18.25 18.75 and other foundry figures near 18.00 18.95.

Boston Jan Albany New York Malas Heaton American Steel Adams Express American ‘Tobacco New Mayan Hartford Davie-Dalyie Mitchell Mining Dominion Tron and Steel Ralaon Electric Nevada Utah Ah General Nipissing Miner Ak Mogenehusetts Lectric Sealad Company Maceachunetts Flectric Seabird Company Ist Massachusetts Seaboart Company United Frit Astandard OM Er Ensted Shoo Machins United Copper United Bhoc Ste North Butte AD Washington Railway Atlantic London Foundry Northern Foundry Southern

The Big Contest Is On In Today's Post

The Post announces another popular post contest with attractive cash prizes totaling five hundred dollars for winners. Readers are urged to save coupons and participate with friends for a chance to win the big prizes.

Governors Lead Delegation in Push for Appalachian Forest Reserve

Georgia Governor Hoke Smith and New Hampshire Governor Charles M. Floyd led about 200 delegates from eleven states before the House Agriculture Committee urging a bill to create a national forest reserve in the Appalachian and White Mountains. The measure would authorize land acquisition with a 5 million dollar appropriation, study areas totaling millions of acres, and place lands under national forest status subject to state ratification. Gifford Pinchot warned of a looming timber famine as hardwood consumption nears 35,000,000 feet daily, stressing urgency to protect forests and supplies.

New England South House Committee On ‘Agriculture Gova Hoke Smith Georgia Charles M. Floyd New Hampshire Secretary of Agriculture Scott Kansas Smith Appalachian Mountains White Mountains Philip W. Ayres Society For the Protection of New Hampshire Dartmouth College Gifford Pinchot Bureau of Forestry United States

Compromise Reached With Asiatics In Registration Issue

Johannesburg correspondent reports the government will accept signatures for registration instead of fingerprints. Indians imprisoned under the act to be released, including leader Grandhi who has accepted the solution on behalf of his countrymen.

London Johannesburg The Standard Grandhi

Steel trade looks up conference cites major mills

A meeting in New York with United States Steel Corporation Republic Steel Bethlehem Steel Jones & Laughlin and Pennsylvania Steel discussed steel and iron trade conditions and a possible new ore price schedule. Officials reported better sentiment and a turning point for the industry. In Chicago Illinois Steel Co mills 1 and 2 to resume next Monday employing 150 men after a two week shutdown for repairs.

New York United States Steel Corporation Republic Steel Company Bethlehem Steel Company Jones & Laughlin Steel Company Pennsylvania Steel Company Chicago The Tiinois Steel Company Plata Mills

Chinese capital to build huge steel plant in Hanken China

An enormous steel plant to be erected at Hanken, China by a wholly Chinese capitalists’ company. The plant aims to supply steel for Central and Northern China railways and may become a factor in the Far East steel trade. Initial cost about 9 million dollars with orders shifted from America. Additional plants planned in Japan and India, total cost over 25 million.

New York Hanken China Far East America Wiew Japan India

National hotel guest list across cities reveals names

A long OCT list shows guests at hotels in Baltimore Philadelphia New York City Pittsburgh Stamford and more. Names include James Moon Leo Weinman Mimi Lynch J. W. Hayden A. W. Gilbert H. Herrmann and many others with affiliations to Metropolitan National and Shoreham hotels. The roster spans states from Connecticut to Texas and even Porto Rico, naming guests and accompanying relations.

Baltimore H. M. Kieppich National Seward J. Ryan Raleigh Robert Woodbury Pra Tew Homer Addams D. J. Normoyle Frank §. Busser J. H. Mart L. Field A. W. Sewall Artington New York City J. W. Hayden August Boppand W. P Field Metropolitan Z. H. Downman Louis C. Hast C. Servoing Mimi J. Lynch Dorothy A.” Dutcher Joseph Harn Wesley Sleson Wild Lucius Weinschank Charlee F. Boynton J. A. Pizzini A. J. Brocka A. F. Dawson L. &. Skinner Moscher James Miller V. Newman Avarté Tracy Arlington Joseph Clerke Edwent HL. Child Connecticut J. Frank Stanton Bridgeport Irs J.C. Gelb Miss. Gelb Stamford New Willard Georgia R. F. Duckworth Union City Charles McKennie Illinois P. W. Dana and Wits Fulton TOWA L.R. Hypes Council ‘Bluffs K. Cahn New Orleans Massachusetts H. Bottomlere Pall River St. James John Kane Lawrence Michigan H. Herrmann Detroit Migsouri M. L. Neil St. Louis J. James Montana M. McLeod and Wite Manhattan Raeth Aebraska T. P. Gwen York Bt. James New Jersey B. J. Holwes and Wite Bayonne Shoreham A. W. Gilbert Ithrea St. Jn T. de Lang Syracuse North Carolina A. Ramen Asheville Victoie Hobart Saint Airy Sulu Greensore H. B Ygllem Ragurs Keith Wymington Haletgis Ohiq—M Mc ¥Acehy Columbes St. Jaimes Benes Cleveland Oklahoma Charles W Bilas Muskogee Raligh Pennsylvania E. Tate Reading W. A. Par. Tott, Hasleton, St.’ James.» ° Y Rhode Isand—S. J. Reuter Western Wreigh South Carolina R. E. Burton Charleston Wenkessee M. Ll. Fos James Haneda Soir Utah Ceorga W. Skidmore Upeen Virginia-L Passan, Jr Warrenton Rickford Hampton oTremiers S

Plaintiff Sues After Bullets Hit Man at Montgomery Fair Grounds

Charles W. Thompson filed a $2600 damage suit in Circuit Court against Montgomery County Agricultural Society over injuries he says occurred at Rockville fair grounds during the winter fair. He alleges he was walking among the grounds when a shooting gallery gallery bullet struck him, causing serious permanent injuries. A separate notice reports the schooner Baker Palmer, ashore in Lower Chesapeake Bay, was floated by tug Rescue with assistance from the revenue cutter Apache.

Montgomery Fair Grounds Washington Post Rockville Charles W. Thompson Eergomery County Agricultural Society Darin Rockville Fair Operar Norfolk Baker Palmer Newport News Boston Chesapeake Bay Rescue United States Revenue Apache

Also Mentioned on This Page

Moncey Hasder Wall Amy Qat- Mentar Bank of Ene Wis Hse Local Financial Curb Market OW Mire Ulead Chis North Lima South Lima State Turkore Revelptes Peninsylvania Greta Axporte Alos Minnesota Rio Gantos Cordova Wallstreet Hia Republicqan Shorts Steel Corporation Jones & Laughlin Star Pittaburg Union Pacific Southern Pacific Clark San, Pedro, Los Angeles Salt Lake Road Harriman Union Pactite Washington Cattle Market Equitable Ihia FED. C. Jordan Bond Building Gram Chicago Grain Stack, Galverton Savannah Vseyen Pebr Boma Wilmington Tratimore Bosto Philadel Dulet Loula Great Dritata Continent Dapan Great Britain Feanes Jepen Net Great Bertrain France Maxi Lan Metal Market Appalachian Cartier Bill Transvaal Steel Trade Orient F. Seni Brice J. Moses Alex. S. Clarke Howard Moran Michael J. Colsert Wm. Bahn J. Phitty Herrmenn R. Harrison Johnson James F. Shea John Shughrue Ing Ings Banks of Europe Mass. Ave N. W Seventh and H Streets N. E Seventh Street S. W U. S. Treasury Penn-Wyoming Copper Company Swasey & Company, Bankers and Brokers Broad ST International Banking Corporation G St Washington Loan & Trust Company Act of Congress John Jay Edson Swartzell, Rheem & Hensey Co American Graphophone Co Jlividead American Grashephone Company Edward D Teuch Metropolitan Bank Fiitemath Ri National Ipps Cal Ainee Investments Pa. Ave EF Hutton & CO N.o New St., New York Allison C. Jenkins New York Consolidated Stock Consolidated Stock Exchange 5. H. Glarke Consolidated Stock Exchange of New York Ouray
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