Deadlock in market declines in active issues
A Washington Post summary from June 13 notes a dull, heavy market with under 200,000 shares traded, the smallest day of the year and two years. Many leading stocks were not dealt in until late, with small price changes. Abroad, Paris and London were dull, with firmer discounts and gold export talk. Brazil coffee valorization troubles, Egyptian issues, and Bank of France gold holdings influence markets. Interborough-Montropolitan weakness ties to New York public utilities bill.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Stock Exchange
Paris
London
France
Egypt
Brazil
Alexandria
Bank of France
Bank of England
Philadelphia
Philadelphia Exchange
James J. Hill
Hill
United States
United Banliways and Investment Company
San Francisco
California
Interborough
W. B. Hibbs & Co
New York Brotk Exchange
Washington Stock Exchange
Chico
Board of Trade
Washington
Aeeeaen
Shington
Mitchell
Minley
Kansas City Southern
Cal Genital ‘Traction Ge
Adams Express
Amalgamated Cap
Kansas City Southern Pfd
Mr Gee
Entral
Minneapolis
Washington Railway
St. P
Sault Ste. M
Catton
FP & S Ble. M
Capital Traction
American Express
Missouri Pacific
Lanston
Chicago
Hide and Leather
Yesterport
Toe Securities
Missouri
Kansas
Texas
Tex
National RR. of
Mer
New York Central
Ontario
District of Columbia
Norfolk and Western
Washington Gas 4S
Sue
Tobacco
Northern Pacific
Washington Gas Cert
Anaconda Mining Co
Pacific Mail
Aii Bee
Atchizon
Atchison Ptd
Anacostia
Potomac
Pittsburg
Columbia Railroad
Baltimore and Ohio
Rene Shay
Jonga
Metropolitan Railroad
Brooklyn Rapid Transit
Washington Railway and Electric
Canadian Pacific
Mt. Vernon
Central of
North Dakota
Republic Steel
Potomac Electric Light
Central Leather Pfc
Norfolk and
Chesapeake
Ohio
Rock Island Co
Chesapeake and Potomac Telephone Bs
Toronto
Duluth
Chicago Great Western
Northwestern
Rock Island Cap
Mil
St. Paul
St. I
San F
Chicago Terminal
Trans
St Lowia Southwestern
Chicago T. and
St Louis Southwestern
C, C
St. Louis
Sioss-SheMeld Steel
Colorado Fuel and Iron
Southern Pacific
Norfolk and Washington Steamboat
Washington Gas
Neapolis
Chisago
Colorado and Southern
Southern Railway
Georgetown
Southern
Chesapeake and ‘Oteman
Consolidated Gaz
Tennessee Coal
Texas and Pacific
Margenthaler Linotype
Toledo
Wei
Ahorts
Delaware and Hudson
SLL
W. Pita
Lack
West
Idies
Union Pacific
Greene-Cananea Copper
State Ag
Iowa
Delaware
Mitchell Mining Company
Denver and
Rio Grande
Union Pacific Pfd
National Bank
United States Expresa
Dietillers
United States Realty Ee Capital
Erie Les
United States Rubber
Eeida
Erie
Columbia
United States Steel
General Electric
Virginia-Carolina Chemical
Lincoln
LEO Ae
Hocking Valley
Virginia-CaroHoa Chem
Tminola Central
Wabash
Wabash Pi
International Paper Pie
Weils-Farg
Care
International Op
Westinghouse Electric
Western Union Washington
Eline
International Pump
Wheeling
Lake Erin
Ae Trust Company
Interborough-Metropolitan
Wisconsin den
American Security and Trust
Inter.-Met
Pia
National Savings and Trust Company
Towa Central
Wisconsin Central Pra. Dylon Trust Company
Iows Central Pureaa
Washington Loan and Trust
Union Trust
Savings Bank
Thos i Home Savings Bank
Ase
Treet
Ne Union Savings Bank
Merchants and Mechanica
ArHnegton
Commercial Corcoran Pa
Franklin
Wees
Ee National Union
Potomacom
Southern Public Service Corporation
Graphophore
Graphophony
Security Btor Company
Eae Ashington
Fidelity Storage Company
Erchanta
Shee
New York Bond Market and City Grain Prices
The New York bond market remains firm with steady money on call and firm rail. Commodities show mixed signals as cattle and hog markets hold steady while butter and cheese stay firm. grain futures reflect unsettled wheat and higher corn. Baltimore and Boston prices echo a cautious trading stance as sugar holds.
MENTIONED IN THIS ARTICLE
Baltimore
Metal market summary shows declines in London tin and copper
In New York on June 13 tin and copper weakened in London trading with spot and futures retreating. Local markets were soft, copper and lead softer or steady, zinc and spelter mixed, iron markets quiet, and foundry iron prices easing with various Northern and Southern grades quoted.
MENTIONED IN THIS ARTICLE
New York
London
Imke
Tron
Standard Foundry
Cléveland
Northern
Foundry
Wall Street Gossip Sparks Investment Demand Revival
A Washington Post report notes bankers see growing buying of high grade stocks for investment and a rising transfer of stock to new holders. It cites 1500 new names on a Northwestern railroad’s books representing over 50,000 shares, signaling a potential market upturn despite dull trading conditions on the floor. It contrasts trader skepticism with signs of long-term strength in high quality issues and anticipates a bull run earlier than 1906.
MENTIONED IN THIS ARTICLE
The
Washington Post
New York
Agid
Langest
Northwestern
Local Financial Market Moves Amid Thin Trade
World of small deals and quick bids marked yesterday’s financial activity. Gas stock traded around 7, 3 4 appears, with 300 shares moved and little overall market interest. Banks and bonds showed selective bids, while J Bradley Davidson’s election to United States Trust Company presidency drew notice in Washington markets.
MENTIONED IN THIS ARTICLE
J. Bradley Davidson
United States Trust Company
Tate
W. Riley Deeble
R. H. Claughton
Exchange
Mr. Deeble
New York Produce Prices and Receipts Report
New York market notes June 1 show varied movement across commodities. Chickens and fowls mixed, eggs firmer with steady receipts, pork barely steady, cottonseed oil flat, turpentine quiet, coffee subdued, sugar steady, and potatoes irregular with mixed regional quotes.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Mt. Try
Rio
Santos
Jersey
New York Grain and Cotton Markets Report Turn Up
Wheat futures rose amid heavy covering and export optimism as U S grain receipts totaled 142700 bushels for wheat and 92525 bushels for corn. No 2 red and nearby contracts closed higher. Cotton showed irregular activity, final prices steady after gulls of supply concerns and weather reports.
MENTIONED IN THIS ARTICLE
New York
Duluth
Fricet
Northwest
Germany
McLaurin Attacks Cotton Exchange Criticism in New York
Former Senator John I McLaurin of South Carolina challenges the New York Cotton Exchange critique of its contract and trading methods in a June 1908 reply. He questions committee revision errors and the alleged lack of public accountability, noting the 1906 reform and the impact on southern prices. He cites differences in low middling and good ordinary quotes across Southern markets and questions who bore the costs and who benefited from the so called grave mistake.
MENTIONED IN THIS ARTICLE
New York
John I. McLaurin
South Carolina
Cotton Exchange
J. Temple Gwathmay
New York Cotton Exchange
Europe
America
Weld
McLaurin
Revision Committee
Exchange
New Yorks
Galveston
New Oriesas
Savannah
Houston
Vicksburg
Memphis
New York Revision Committee
Washington Produce Market Receipts Plentiful Prices Moderate
WGGE reports plentiful receipts and moderate demand at the Washington produce market. Nearby Virginia and Tennessee show mixed liffs in wholesale pricing with losses around 16 to 17 percent. North Carolina also down about 16 percent. Butter quality improves as receipts rise slowly, with creamery and Western butter prices quoted in the mid to high teens and 74 to 1715 cents per pound in various grades.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
Tennessee
North Carolina
Daily Cotton and Live Poultry Market Summary
The daily market report shows steadiness in cotton with varied quality grades and regional factory prices. Live poultry receipts are moderate with springers heavy and turkeys in air demand. eggs, ducks, geese and chickens priced per pound. Potatoes, asparagus and other produce display mixed regional quotes while meat and dairy figures show activity and totals across markets.
MENTIONED IN THIS ARTICLE
New York State
I Brendy
Leute
Charleston
Jane
Ben Deppem
Florida
New York
Japan
Admiral Harris Buys Cridler House on Rhode Island Ave
Admiral Herrin purchases the Cridler residence at 178 Rhode Island avenue northwest through A. D. Addison. Reported price near $25,000. The three story gray stone home has thirteen rooms and notable interior finish, on a 2 by 76 foot lot in the city’s fashionable district. The property was built by James M. Johnson, who recently built a home on Twenty-first street. The Cridler family, long associated with the State Department, are currently abroad.
MENTIONED IN THIS ARTICLE
Admiral Herrin
Cridler
Rhode Island Avenue
A. D. Addison
James M. Johnson
Twanty-first Street
Thomas Cridler
Interstate Commerce Commission Warns Carriers on Rate Changes
The Interstate Commerce Commission issued a formal circular warning common carriers to restrict requests for rate changes granted with less than statutory notice. It notes many such requests are outside real emergencies and should be limited. The commission also cites postage abuse, stating tariffs or supplements will not be accepted unless delivered free of charges at least thirty days before they become effective.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
Commission
Mali
Maneuvers of Jane and Private Secretary at City Theaters
The Columbia Theater opens next Monday with The Maneuvers of Jane a Henry Arthur Jones comedy starring Hilda Spong and Charlotte Walker. Belasco Theater presents The Private Secretary with William Gillette and Edward Ellis. Aborn Opera Co offers Gilbert and Sullivan and Mascagni in a double bill at the New National Theater with 48 stage pictures and enlarged cast. Lyceum Theater Stock Burlesque continues Amer ican in Japan. Notes on Boots pandarilla as a tonic for hot weather.
MENTIONED IN THIS ARTICLE
Columbia
Jane
Columbia Theater Company
Henry Arthur Jones
Hilda Spong
Charlotte Walker
Daly Theater Company
Daniel Frohman
Haymarket
London
Frohman
Washington
Belasco
William Gillette
Belasco Theater
Edwin Arden
Douglas Cattermole
Robert Spalding
Cattermole
Grand Opera
Aborm Opera Co
New National Theater
Gilbert and
Lullivana Chirming
Mascagni
Lyceum
Lyceum Theater
Xesson
Also Mentioned on This Page
Boston
Treasury Report
Prime Mercantile
Sterling Exchange
Washington Cattle Market
E R Chapman & Co
G B. Chipman
New York Stock Exchange
Northwest American Tobacco
Atchison General
Ie Atchison Adjustment
Atlantic Coast Line
Broklyn Rapid Transit Co
Central of Georgia
Cuba
Uritiea
Erig
Len
Erie General
Jenan
Louisville
Nashville
Manhattan
Consol
Souther Pacific
Lance Im General Yund
Western
Wabash Iets
Western Maryland
Wisconsin Central
Albany
Mains
Fitchburg
Newaven
Hartford
American Arge Chemical
Ates
American Sugar Pit
American Tel
American ‘Woolen
American Woolen
Edison Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
North Butte
Nts
Shannon
Metal Market
Cure Market
W. i
Toa
Sents Convertible Sa
Wade British
Butte Coalition
Chicago Subway
Davis-Daly
Cumberland Ely
Ba Dominion Copper
Greens
International Sal
Mitchell Mining
Ny Navada
Utah
Nipiselng Mines
Etandard OU
Wall, Street
Secretary of the Treasury
Tope
Mr. Hill
Local Financial
Mitchelly Mining
Greene-Cananea
Lanstén
A. B H. Appleyard
Mr. Appleyard
A. Bright
NEW York Grain
Chicago Grain
W. B Hibbs & Co
Chicago Board of Trade
Lour
Louisiana
Ramos
Calin
City
Bankers
York Stock Exchange
Admiral Harris
Financial
Washington Loan
John Joy Edson
Etters OF Credit
Daftney Direct
Epyestmenes & Collectiong
Ocka & Bonds
Riggsbank
Pa. Ave
U.S. Treasury
Orient
International Banking Corporation
G St
Uptown
Conn. Ave
Downtown
Center Market
J. Warburton
Co-operative Building Association
Wisconsin Ave
HR G Wagner
J. Barton Miller
S Thomas Brown
H P Gilbert
George Freeman
Daniel Johnson
W A. Cunningham
John Fleming
W. F. Gibbons
A.B Jackson
Jas H Chamberlain
G. Randolph
Broadway
New Orleans Cotton Exchange
Liverpool
Washington, D. C
Giffon
G Street
N. W
E Q. Smith
Lee C. Latimer
Chas, F. Nesbit
D. of C
F. H. Smith Co
N. Y. Ave
Swartzell, Rheem G Hensey Co
Warner Building
F Street
Masonic Temple Association
Union Trust Company
Heiseell & M’leran
G.S. Langdon Commission
R. M. Weaver
Diamond St
Broad St
Leones Bug
Cleveland
Griswold
Detroit
Mich
Frank Kane & GO
Btolk
F St
EB. M. Miner & Co
Gore
Lewis É G
Francis R. Dooley & Co
Newspaper Righie