Wall Street Advances Then Slips On Russian Disturbances
New York markets rose despite heavy stock inflow and weak European cues as Russian tensions sparked late-session selling in London and a cautious tone on government bonds. Bulls cited favorable domestic crops and earnings, with hopes of dividend actions and higher profits from American Sugar Refining and other majors.
Metal Market Briefing from New York and London
Market notes show a sharp advance in New York metal trading with Spot and copper leading gains at various quotes, while London prices were mixed. The tech market remained quiet as electrolytic and lead prices held firm, and several minor metals posted small changes in the Western market.
MENTIONED IN THIS ARTICLE
New York
Egr Ks
London
Bo Meralle
Wall Street Gossip of July Market Dynamics and Rumors
Special to The Washington Post New York July 28 report on Rus sell Sage death Douma dissolution and a 6 point drop in Russian bonds amid a volatile New York market. London selling for London account continued heavy as arbitration profits surged. Southern Pacific Union Steel and Erie active with 40 000 to 50 000 shares traded. Sugar rose to 13 4 as the day ended with notable gains and rumors of dividends for nondividend paying stocks.
MENTIONED IN THIS ARTICLE
New York
Russa
Douma
London
Paris
Viborg
Finland
Ruthell Sage
Securion
Russi
St. Petersburg
Marcy
Call Money
Tn Force
Washington Post
Russell Sage
Union
Southern Pacific
Steels and Erie
Basia
Mondak
Uly
Adams Eypress
Kemvan City Southern
Amalgamated Rpe
Kansas City Southern
Loules Me
Nauliville
Car and Foundry
Eaany
Ams Jcan Cotton Cie
Minneapolis
St. Lows
Jamerican Catton Gil
St. P
A. Te
HEB
fAmerican Expres
Misaouri Pacific
American Tea Securities
Miaouri
Kacas
Texas
Kansas
Aoys
Sao National Sea
Mata
Abe
R. R
New York Central
Am. Smelt and Refining
Ontario
Westera
Norfolk and Western
American Sugar Refining
Norfolk Ng Western
Tobaccs
Certit
North American
Anaconda Mining Company
Northern Pacific
Boglatghiron
Pacific
Atchison Pta
Pennsylvunia
Central of
New Jerany
Chesapeake and
Republic
Chicago Great Western
Republic Stet Pa
Chicago and
Northwestern
Perera
Rock Island Company
Aia
Chicago
Mit
St. Paul
Ean
Suefiel Steel
Aol
D. C
St Louis
St. Louis
Thyrestern
Ienea
Colorado Fuel
Ironal
Colorado
Southern
Obey
WolCota
Southern Istare
Colo
Southern Railway
Southern Trailway Pra
Aig
Gor
Tennessee Coal and Tron
Fey
Cara
Prelfic
Angel
Delwreyre and Hudson
Toledo, Ste and W
Denver and
Rin Granda
Union Pacific
Denver Sud
Wig Grande Pit
Union Faside
Tatillars’ Securities
United
United States
Healty, Ae
Erie
BBY
Cnitea
United States Steel
Great Northern Pit
Carolina Chemical
Central
Interborough-Metropolitan
Wabash Ks
Interborough- Met
Pia
al Narnia
Wolle-Pargo Express
International Paper Pia
Weattughduse Elertrie
Western Tion
International
Wheeling
Lake Erie
Iowa Central A
Wisconsin Central
Towa Central
Wiscontsin Central
ABS Gisg
W. B. Hibbs & Co
F Street
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
Apollinaris
New York Cotton Drops in Nervous Market Session
New York cotton opened barely steady and slid as selling pressure increased after Sunday rain reports. By midday prices fell to 10.37 for October and 20.25 for December, about 13 points lower, with losses linked to Russia uncertainties and European market weakness. a late rally offered little sustained support.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
F Street
New York Stock Exchange
Lushington Stock Exchange
Chicago Board of ‘Trade
Cine
Watts
New York
Pittes
American Tobacco
Atshison General Ts
Atehteon Adjusteent
Atlrintic Coast Line
Baltimore and Ohio
Brooklyn Rapid Transit Conver Gentral of Georgia
Central of Georgia Tat Inc
Central of Georgia Ddine
Central of Georgia Bt Inc
Chesapeake and Chic
Chicago and Alton
Ate
Jaques
Burlington and Quincy News
Chicago
Pacio Railroad
R. I and Pacific Railroad
St Louis General
Colorado Industrial
Colorado Midland
Colorado and Southern
Cubais
Denver and
Rio Grande
Dixciliors’ Securities
Erio Prior Wen
Erio General
Hocking Valley
Japan
Jaganthos
Ceruncates
Cert
Orat Louisville
Nashvie
Manhattan
Consoligolt
Mexicana Central
Mexican Central St Ine
Minneapolis and
St Louis
Missouri
Kansas
Texas
Jaswari
Texas National Railroad of Mexico
New York Central
New Jersey Central General
Northern Pacific
Norfolk and Western
Consol
Genery
Russia
Fara
Enblea
Liverpool
Maui Dating
Oregon
Pennsylvania
Fair Reading
St Louie
Iron Mountain
Galveston
Br. Louis
San Francisco
New Orleans
Seahnard
Southern Pacific
Mobile
Savannah
Charleston
BET Southern Railway
Tesas
Prcific Tata
Toledo
St. Lowin
Eaton “Pacific
United States Steel
Western
Wabash Datz
Wabach
Western Maryland
Philadelphia
Houston
Quist Ea
Sugusta
Cincinnati
Fetales Louiselte
Great Britain
France
Continent
Wesico
Market Quiet as Washington Railway Bonds Lead Activity
Stock exchange opened quietly with Washington Railway and Electric bonds showing notable demand. Greene Copper traded around 20% with a few blocks changing hands. Real Estate Title Insurance saw unusual activity at 86 while Capital Traction and Mergenthaler also displayed movement. Closing quotes showed Washington Railway and Electric 4s at ó861-2 and mixed bids across multiple issues as investors tested prices.
MENTIONED IN THIS ARTICLE
Stock Exchange
Washington
Greene Copper
Washington Railway and Electric
Mergenthaler
Washington Railway
Ge i I
Washington Railway and Electric Preferred
east—District of Columbia
Washington Hallway
Tlentric
Slim
Capital Traction
Yasterday
District of Columbia
Tie
Philippine Land Purchase
Traction Railroad
Ansevalla and Potomac
City and Suborta Railroad
Metropolitan Railroad
Metropolitan Ralroad
Matropolien Railroad
Columbia Mailroad
Columba Railroad
Washington Railway and Electris
States Electric
Sialen Electric Light
Chesapeake and Potomac Telephone
Washington Market Company
Potomac Electric Light
Norfolk and Washington Steamboat ‘Sa
Wrehington Gadl Company
Wrehington Gas Company
Bristol Gas and Electric 55
National Bank Stasks
Commerria
Bank of Washington
Metropolitan
Central
Wormare and Mechanics
Secend
Columbia
Capital
Lincoln
Riess
National City
Wiremen’s
Franklin
Corearta
Potomac
Arlinston
National Union
Riggs
People's, & Commercial
Chesapeake and Potomac
Gasatosita
Washington Gas
Georgetown Gas
Morgenthaler Linotype
Tanston
Misnelianem
Greene Consolidated Copper
Washington Market
Norfolk
Waseinston
T Realty Apprateal and Aguray Company
Mitshell Mining Company
WEW YORK PRODUCE PRICES AND MARKETS JULY 21
Market ledger from New York listing Butter prices creamery and fancy percentages, cheese and creamery stock, Western andPennsylvania creameries, flour and meal yields, leather wool lard pork and oils standings, coffee and sugar quotes, potatoes and sugars, with freight rates to Liverpool and domestic shipments. Names and places include New York, Western firm, Pennsylvanian regions, and tropical commodities. figures reflect current values and available lots.
MENTIONED IN THIS ARTICLE
New York
Sterdy
Western Unifation
Washington Produce Market Prices Report
Prices and receipts for eggs butter cheese live poultry and vegetables at the Washington market show lighter egg receipts with better demand and some price recovery. Butter stocks steady with strong creamery and store-packed butter, while cheese demand remains steady and live poultry arrivals are up with a firmer fowl market. Vegetables stay steady with varied barrel and crate prices for potatoes onions cabbage and other produce.
MENTIONED IN THIS ARTICLE
Frost
Virginia
South
Taney
Neas
Market Prices and Wheat Receipts Reported
A busy trading snapshot shows per dozen fruit prices including tomatoes and apples, plus rye, wheat, corn notes, and futures activity. Wheat receipts total 54,900 bushels with futures at 2,560,000 bushels and 42,000 bushels spot. oats and corn also feature, highlighting unsettled markets and weather influence.
MENTIONED IN THIS ARTICLE
Duluth
Mar
Itrave Actiong
Ee Vet
Pourtdis, Nee ii
Chicago Grain Market Report With Wheat and Corn Declines
Heavy receipts and bearish sentiment dominated trading as wheat futures slid to near 7 1/2 and closed lower. Corn rose slightly with oats and pork/edible fats gaining, while pork and ribs showed firm to higher quotes amid strong cash demand.
Live Stock Market Totals From New York and Chicago
Cattle receipts 8,081 in New York with steers at 4.00 to 6.00, cows 4.08, calves 3.76 to 5.07. hogs ~7.35 per 100 pounds trade mixed. Chicago reports 29,000 cattle and 27,000 hogs receipts with steadier markets, steers 4.25 to 6.40, hogs 6.50 to 7.00, sheep 4.20 to 5.50, lambs 6.25 to 7.80, and various weights and classes.
MENTIONED IN THIS ARTICLE
New York
London Cables
State
Pennsylvania
Chicago
Wetzhts
Washington Cattle Market Report Highlights Steady Cattle Demand
Market summary shows choice cattle steady and undergrades dull in Washington. Lambs in fair demand while hogs and calves display varied quotes per hundredweight and per pound. Prime cows and mixed aged cattle listed with mixed prices, reflecting a fluctuating regional market.
Baltimore Markets and Grain Prices on July 3
In Baltimore the market reports quiet trading with flour at 11,787 barrels exported and 355 barrels on hand. Wheat contracts show spot demand for No 2 red Western with July and August quotes and varied futures bids. Corn, oats, and rye show mixed activity with steady to firm cues on several grades and substantial receipts. Soybeans and hay indicate stable to firm pricing, while term freight rates and egg sugar notes appear marginal. A Melbourne report notes the steamer Ven tura carrying 500000 sovereigns to San Francisco.
MENTIONED IN THIS ARTICLE
Rio
Cordova
Liverpool
Long, Island
New Jersey
Baltimore
Southern
Arade
Cork
Shaw Moves 12 Million to National Banks for Canal Bonds
Secretary Shaw announced plans to place 12 million dollars of public funds in national banks nationwide. Deposits favor bidders who offered 103.50 for Panama Canal bonds, with many banks allocated amounts, and a total of about 10.98 million dollars in designated deposits. Shaw said no further government deposits would occur until fall to counter currency contraction, as bids totaled 3450 million, far exceeding the loan needs. Roosevelt sent a congratulatory note praising the Panama bond success.
MENTIONED IN THIS ARTICLE
Shaw
Merchants’ National Bank
Philadelphia
German-American National Bank
Fort Warne
Tua
National Bank of
Marine National Bank
Buffalo
WN. Y
American National Bank
Alamosa
Cal
Hanover National Denk
Elates
New York
New Albany
Ind
People's National Bank
Hensick Fatt
N. Ying
Hanover National Bank
Charleston National Bank
Charleston
W. Ve
Merchants
National Bank
Weber ‘National Bank
Walser
Idaho
Donanean NeHonml Bank
Findlay
Kiv
5 Nations
Emaus
Fpa
Foral Pani
Geidand
First First National Bank
Cherenas
Wys
Coryton National Bank
Corydon
Brittalo
N. C
Firet National Bank
Nelson
Nebr
Otzen's National Bank
W. Va
National Bank of Commerce
Rochester
City National Bank
Greensboro
N.C
People’s National Bank
Scranton
Central National Bank
N. Y
San Antonio National Bank
San Antonio
Wex
First National Bank of St
Natinal’ City Bank
Washiniton
D. C
Farmers and Merchants’ National Bank
Webush
Panama Canal
Roosevelt
Oyster Bay
Panama
Theodore Roosevelt
Gross earnings push Southern Pacific to 100 million mark
San Francisco reports preliminary 1902 fiscal year figures showing Southern Pacific gross income at 100 million dollars, up five million from the prior year and 322,755,000 over 1901. The gain cements SP as the second largest U.S. railroad by gross receipts, behind only the Pennsylvania.
MENTIONED IN THIS ARTICLE
San Francisco
Sross
Southern Pacific
Julus Krutt~ Schnitt
Southern Pacific Company
United States
Pennsylvania
Fine Replaces Jail for City Detective in Fraud Case
Detroit report: Judge Swan set aside a one year house of correction sentence for former City Detective Ford Palma convicted of complicity in large scale fraudulent naturalizations of Italians. A fine of 31.00 was imposed to be paid next Wednesday night in US court.
MENTIONED IN THIS ARTICLE
Detroit
Mich
Swan
United States
Imae House of Correction
Ford Palma
Packing Trades Council Demands Prosecution of Sluggers in Chicago
The Packing Trades Council urged the prosecution of all sluggers who took part in labor disputes in Chicago. Albert Woeckels, beaten and cast into the river by Randolph Jonas, a union teamster, was a member of the butchers' organization.
MENTIONED IN THIS ARTICLE
Packing Trades Council
Chicago
Albert Woeckels
Randolph Jonas
Butchers’ Organization
Demurrer in Drug Trust Case Filed by Detroit Firm
F Stearns & Company of Detroit filed a demurrer in Indianapolis in the United States suit against the National Association of Retail Druggists and others alleging illegal restraint of trade. The demurrer seeks dismissal with costs while contending the bill fails to show acts affecting interstate or foreign commerce.
MENTIONED IN THIS ARTICLE
Detroit
Indianapolis
Ind
F. Stearns & Company
United States
National Association of Retail Druggists
F. Brearns & Company
Food and Drug Adulteration Report From Indiana
Indiana State Board of Health released results from 389 food and drug samples. Of 389 food samples, 50 were standard, 289 adulterated or below standard, a 42.7 percent rate among drugs showed 46 pure and standard, 29 adulterated. The board notes samples favor cautious purchases affecting overall adulteration estimates.
MENTIONED IN THIS ARTICLE
Indiana
Indianapolis
Ind
State Board of Health
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Wall Street
American Sugar Refining Company
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Parrisby Cmuinal
St. Laws
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Edward Sweet & Co
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S & CO
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Car
15Th and
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John Joy Trigon
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Mnarshall
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William F. Matteson
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Equitable Building
Jeb Joy Edson
Luis Spear
Geo. W. Cessicar
Frank F. Recade
Canital
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AYE
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American Express Co
THE
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George H. Warnes
J. G._ximbatl
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A. M. Lothrnp
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J. H. Rathton
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M. J. Sage & CO
Chesley & Spence
Froud
Francis R. Dooley & Go
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Harrison Realty Company
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Jose Reiskell & McLeran
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