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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jun 24, 1908
Page
17
Market activity remained lackluster as declines and small gains alternated throughout the session. Major moves centered on Rock Island Liquidation, Chesapeake and Ohio, and cotton futures, with weary traders showing little inclination for strong shifts.
New York June 3 special to The Washington Post reports Wall Street interest centers on a petition by stock exchange members asking to close the exchange on Friday July 3 for evening matters. Traders note rising activity in bonds and railroads, with mixed earnings and dividend outlooks. The piece describes efforts toward closer relations between General Electric affiliates and Westington Electric, and bears on market sentiment, bear stops, and professional selling ahead of potential policy actions.
Washington Stock Exchange quotes show regular trading at 1 o clock in Warrington The Morgenthaler Linotype and Metropolitan National Rank appear with various bids and asks including 1000 and 1929 figures The record mentions Thomas a Comenbera of the Wash Inton Stock Hechange and references mid street listings and a Pennsylvanian date.
New York market prices show alive steady poultry with spring chickens and turkeys listed. Butter eggs flour and various staples hold firm with receipts and exports noted. railroad and stock quotes follow, reflecting a broad market snapshot including oats corn and wheat movements and currency bonds.
The local market shows mixed activity with wheat steady and rye tepid. Copper fluctuated while tonnage on the market remained dull with prices easing slightly across several classes and regions.
The Washington produce market section lists wholesale prices and market notes across fruits vegetables poultry and livestock. It includes prices for hens ducks geese spring chickens peppers apples oranges grapefruit strawberries and cattle hogs and wheat futures with reports on market tone, supplies, and weather impact.
The New York cotton market opened unsettled with nervous selling and broad liquidation fears. Prices drifted, finishing near steady despite a wide range of intra day moves as traders weighed early liquidation, weather factors, and speculative pressures.
Washington Railway and Electric shed $500 with trades at 797 and 8 and $1 004 Let 73 members vote to close the board Friday July 3. Traders fear lower prices as dividends may drop across U S roads. Market voices expect rallies on dips while caution on bulges persists. Hibbs of Hibbs co plans a New York trip for a few days.
The article records scattered government news from Washington. It notes an unusually hot day tempered by vacation talk in the Bureau of Engraving and Printing and other departments. Numerous civil servants receive leave and transfers, with Chief Justice Clabaugh heading to a Maryland summer home until September 15.
Brigadier General Albert Hartsuff, retired, died of heart disease. He served in the Medical Department during the war and aided in putting down a yellow fever epidemic in New Orleans. He was brother to Major General George Hartsuff and General William Hartsuff.
York June 23 The retirement committee of the Westinghouse Plate and Manufacturing Company adjourned at 4 45 PM after more than two hours. No progress was announced and it was understood the committee will resume tomorrow. June 23 Toledo Ohio June 23 Shorth Lin 104 Bogth img gs4 tndlang the OP.
Report states Francis Morigue represents English investors in a proposed Algoma Steel Mills subsidiary with Burns and Co. The claim mentions United States Steel Corporation involvement and a fatal denial from a forward spokesman. The article notes alleged repurchase by a UK-UK venture and scrutiny of corporate ties and financing.
Markets show uneven activity across cattle hogs and sheep in Chicago and New York. Receipts weigh on cattle with steady to higher prices for steers and feeders, hogs trading mixed, and sheep holding at steady to firm demand amid light availability of quality stock.
Pain and misery described as nerve disturbance, with claims that Dr Miles Anti Pain Pills relieve irritation and stop pain. The ad touts relief for periodic distress, notes a refund offer on the first package, and cites Miss Orlena Phemee and a druggist money-back guarantee.
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