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This newspaper page contains 17 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jul 15, 1909
Page
36
Amid volatile markets and corporate shifts, an advance in Frisco points to a potential large corn crop. The improved financial position of a key company raises expectations of Tuyidendan second preferred shares trading in New York.
Fragmented OCR text notes fluctuations on the New York Stock Exchange and Chicago Board of Trade. Mentions investors, trading activity, and market mood, with unclear references to specific firms or indices.
A dense, OCR filled slice shows New York bond market activity with numerous bank and corporate names such as Chesapeake, Reading, Southern Railway, and General Electric. It lists various securities, prices, and market mentions, interwoven with place names including Boston, Albany, and New York, reflecting a broad, fragmented bond and commodity page.
The article outlines the New York money market with rates on commercial paper and government securities. It notes a 4 percent rate for certain commercial paper and mentions bank and railroad bond activity along with shipments and average prices.
A rough listing from the Washington produce market shows wholesale prices and items across dairy poultry fruits and vegetables. Entries include butter cheese eggs meats eggs and various fruits and vegetables with per unit pricing and some departmental notes.
Market report surveys wheat and hog prices with raw quotes, noting July higher demand for high grades and futures gains, while hogs advance on Western packing strong close and weather factors. It cites traders, shipments, and regional price movements amid a volatile season.
Daily market notes from York show London tin climbing to E231 1m 4d with futures activity mixed. Local American and grain grains markets drift dull with limited demand while oats and rye firmer or unchanged. overall sentiment cautious amid scattered price shifts across commodities.
The Washington Fest reports stock exchange chatter on lead ing independent atest firms lifting bars plates and shape steel as United States Steel Corp may follow suit. July wheat options rise while August 2 final deposit date looms for Chicago Great Western stock amid broker notices.
The article reports widespread moves by steel producers to shift from scrap to open hearth processing amid a steel market spike. It notes firms like International Harvester Company and others expanding purchases of ore and rolling iron, with bids for Bessemer output and shipments rising despite strikes.
Justice Barnard refused to halt an 800000 bond issue for a Washington market company cold storage plant. The four minority stockholders alleged overreach, but the court ruled the bonds legal. the firm says funds support ice plant construction at Eleventh and Water streets and that dividends have been ample.
The report details a corporate dispute over converting stock to fund growth. A meeting showed 104 for the proposed fund and 271 against, with plaintiffs seeking an injunction and access to rental and market data. The company denies the right to investigate rents and above market building concerns.
Attorney General Sterling of Mississippi files in Holmes County court against the Retail Lumber Dealers Association for 14.4 million dollars after alleging a restraint of trade. The suit centers on an agreement not to purchase lumber from manufacturers and to limit sales to retailers.
At the Southern Pacific Railroad Company office on July 15 in New York, shareholders approved converting the entire preferred stock into common stock. The move retires the preferred shares and restructures the company’s capital, signaling a major change in ownership and voting rights.
July 14 New York reports the Fifteen member committee proposing a stock plan stored in Southern warehouses. The plan seeks to steady markets for cotton, calves, sheep, and lambs, with forecasts of higher receipts and continued market support. The committee submits reports and recommends changing the staging, with total sales and stock figures outlined amid a fluctuating market.
The report describes volatile cotton trading in New York with weather impacts on supply chains and transport. References to ocean freight, West Coast conditions, and price declines accompany notes on market pressure from global demand shifts and seasonal cycles.
Deeds of trust itemizes multiple front company arrangements to secure funds. Entries name parties such as Clarence Price, Harry M Packard, Fansdevings Bank, and others with specified sums like 8000 and 4270. Mentions parcels, quarterly payments, and added subdivisions including Le Droit Park and Blunden and Spigaul heirs.
The text outlines numerous names, buildings, and financial terms including securing properties such as Orientel Building and Flint Mer Sam, with percentages and semiannual payments, trustees, and various parties like Palmer, William, Meeneld Wo Betll, and John Arius involved in securing loans or mortgages. Specific amounts and dates are unclear due to garbled OCR, but references to percentages around 6 to 8 percent and semiannual terms appear repeatedly, tied to property security actions at Mount Pleasant and nearby locales.
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