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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jul 15, 1905
Page
13
High buying power kept prices firm with Union Pacific supported by demand. St Paul held its ground while steel shares rose on rafirosid list, and Southern Pacific remained among the strongest issues in active trading.
Special to The Washington Post New York July 14 Stock market shows strength with Union Pacific Steel common and other railroad shares trading amid Western selling and profit taking. A large operator liquidating positions eyed higher prices after September dividends. cotton and crop reports influence market tone as government figures draw mixed reception.
New York cotton prices opened lower amid continued pressure from a sharp mid session break. By late trading, declines accelerated as shorts covered and dealers faced selling pressure, leaving the market with a net loss. Volume ran around 31,500 bales with gains in some months offset by overall weakness.
The daily cotton market notes receipts at 12 170 bales for flour related items and 4 686 bales for exports with dull and barely traded activity. Other commodities show quiet to steady demand with barley butter eggs cornmeal and wheat listed near unchanged or steady while rye flour and sugar reflect nominal pricing. Prices appear mixed across regions with inland and western markets showing small gains or steady trends amid uncertain demand.
Bearish crop and weather news weighed on markets as wheat extended declines, with July and September futures down from the prior session. Corn and oats futures also softened amid large new receipts and liquidations, while hogs and pork products firmed on higher demand. Primary receipts tallied thousands of bushels with mixed exports and local deliveries across Minneapolis, Duluth, and Chicago exchanges.
Union Savings Bank at Bond Building near 14th and N Y street appears with entries for No 1 and No 2 foundries Northern and Southern regions. Northern quotes show 1825 140 and 1600 1600 while Southern shows 15% 1b-18 and uncertain 15.261600. The text also mentions Iowa and a person or entity THIER.
Chicago and New York reports show varied cattle hogs and sheep activity. Cattle receipts steady with mixed prices and calves firm. hogs steady to higher with demand for heavy and good to choice lots. sheep weak to lower with mixed grades and some firm action on select lambs.
Market report from Baltimore shows dull wheat and steady corn with various grade prices and receipts. Prices listed for flour wheat oats rye butter eggs cheese and other grains reflect midyear trading, with no major shifts from prior readings.
Fatalities Prevented After an accident Bucklen s Arnica Salve heals cuts burns and sores 2c All druggists The article discusses Treasury Secretary Shaw s call for eleven million dollars in installments and its expected effect on national bank circulation with emphasis on the Second Installment and the fate of the first division. It notes that a large portion is expected to circulate immediately and references prior installments.
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