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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jun 18, 1908
Page
9
The report highlights small traders driving a rally from low prices amid gold engagements and export demand. It notes rising activity in railroad stock, dividend news on preferred shares, and a jump in central market optimism despite uncertain trade signals.
Revenue receipts show a decline from the prior month with a small uptick for adulterated butter. The New York bond market features yields around 6 percent and security notes, with Treasury activity, government funds, and various certificates cited alongside miscellaneous receipts and cash balance figures.
Newark livestock and grain markets report steady to lower prices for steers cows and bulls with veal and lighter stock mixed. Receipts totaled several thousand head with cattle hogs and sheep showing varied demand across the day, several regional prices noted across districts and commodities.
The local market shows modest gains with cautious optimism as political developments shape trading. Analysts note emergency currency provisions and bank readiness, while Capital Traction bonds see selective demand and a Washington transit dinner highlights consolidation talk between major carriers. United States Trust Company expands to new L Street offices as local finance eyes stability.
Washington Stock Exchange quotations reflect a wide array of listed securities. Notable entries include Capital Traction common and preferred shares, Washington Railway and Electric, Washington Gas, and Norfolk and Washington Steamboat among others with bid and asked ranges. The page lists railroad, electric, financial, and utility stocks, plus miscellaneous bonds and insurance shares, providing a snapshot of prices and market activity.
Wholesale prices show light supply and firm market rules across Virginia and neighboring states. Duck goose and turkey supplies are described as scarce with moderate demand for spring chickens, while dressed poultry and meats move at steady to varied rates. Potatoes and vegetables appear dull with No 1 potatoes at 150 per barrel and sweet potatoes quoted around 35 to 64 cents per unit.
Wall Street reported politics in focus with little selling. American Locomotive declined to 45 amid dividend rumors. Union Pacific activity remained subdued but large in certain transactions. Bets on weather and grain reports surfaced without clear impact, while copper orders were reportedly withheld by major interests amid overall market steadiness.
A fragment notes ownership of the New York Stock Market by WB Hibts & Co bankers and mentions Yark Stock Lxelange Chicago Board o. The text is incomplete and lacks clear events or dates.
A mixed listing shows prices for fruits vegetables and livestock. Items include peppers tomatoes spinach cranberries and strawberries with per box per crate per barrel pricing. cattle and hogs priced per cwt with ranges for various grades. lambs calves and sheep by pound or per head with primed terms and common rates.
The New York market reports widespread activity across poultry dairy and produce. Steady to firm conditions are shown in chickens turkeys eggs and butter with wheat corn and hogs mixed as traders react to weather crop damage reports from Kansas Nebraska and Missouri and to shifting demand levels.
The New York cotton market shows heightened activity with July leading the advance and remaining firm after a midday rally. July gains about 3 points, while the new crop softens. weather remains favorable and private crop reports hint improved conditions since late May. Futures close mixed to lower. overall mood cautious amid profit-taking and late selling.
New York June 17 A report states Chemical National Bank and American Exchange National Bank surrendered large government deposits rather than pay 1 percent interest under the emergency currency law. The decision reflects banks’ stance on joining currency associations, with Treasury inquiries seeking terms for forming such associations.
Agenor Reynolds administrator of Dr Elmer R Reynolds estate sues William Wyman of Stanton Automobile Company for 10000 in a fatal auto collision case. Reynolds, author and knight of Italy, died at Casualts Hospital after being struck while alighting from a car on Thid and streets northeast. Coroner’s inquest cleared Wyman. suit alleges negligent operation.
Hicanor M Stewart of Garrett Park Maryland filed a suit in the District Supreme Court against O G Staples proprietor of the Riggs House seeking 32000 damages for injuries she says she suffered on the south side of G Street in front of the hostel. She alleges a defective vault light caused her to be thrown to the street and injured.
Goldman Sachs & Co engaged 500000 dollars in gold for export, The National City Bank took 2230000, and Ibedelbich gehilheimer & Co also placed orders for Germany, totaling 4600000 in the movement. Westinghouse dividend declared 3 percent on both preferred and common stocks by Union Stitches Signal Co directors in Pittsburgh.
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