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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jun 25, 1908
Page
9
Widespread weather concerns dampen trading as gains appear limited across major indices. Partial recovery seen in some sectors like railroad equipment and locomotive manufacturing with American Locomotive Company notably supported amid mixed signals from New York bond market.
Yesterday marked the first day back for the local stock exchange in weeks with little activity. Market players noted a narrow trading range, dull leadership, and a cautious mood as summer business begins. Washington Railway and Electric fell to around 7 18 and 79 after call, while July options showed notable declines amid broader market uncertainty.
The June 4 1935 New York stock market report lists closing quotas for several issues. It notes Washington Railway and Telegraph preferred stock including figures, plus statuses from unions and exchanges, as recorded by market reporters.
The report compiles market quotes and receipts across multiple commodities and regions. Wheat futures and spot prices appear with detailed contract notes. Copper tin lead and zinc prices are given with London and local market context. Coal and sugar prices, butter and creamery notes, and foundry iron grades round out the sector coverage. The piece reads as a rapid-fire commodity wire with no single narrative arc.
New York money market shows easy demand on call at 1 percent, ruling rate 1 percent, with 60 and 90 day loans steadier. Six months offered at 4.3 percent. Mercantile paper quoted 3 to 4. Bankers' exchange steady with demand at 48.690 and 60 day at 489.55. Mexican dollars and government securities noted. railroad bonds irregular. June dated securities shown with minor variations.
Auction notes list wholesale prices for dairy meats and produce across regions including Virginia West Virginia and the Carolinas. Canned items and fresh poultry show steady to rising rates with creams and hams, calves and hogs priced per pound or per head, vegetables such as potatoes beets carrots peppers and tomatoes priced per bushel or per crate, and fruits including apples oranges cranberries and strawberries priced per barrel or box.
Special to The Washington Poet from New York on June 24 reports Rock Island issues dipping to near Monday’s lows before a late rally aided by demand tied to late WB Leeda loans. Traders note limited aggressive support and a generally dull day across stocks and bonds, with Union Pacific and Lehigh Valley showing minor shifts while American Locomotive contemplates a reduced dividend. Weatherish heat and cautious optimism frame a cautious market mood as brokers weigh rail and equipment demand alongside potential reforms.
Market notes show cattle receipts around 11 500 head with steers near 90 and cows 60s 70s, bulls around 60s, and calves 45 to 70 per 100 pounds. Hogs establish a steady to firm tone with choice cuts and shipping grades strong, while sheep and lambs open steady with lambs around 60 to 96 per head.
The Supreme Court of Columbia D1 and Equity Court No 2Mtr hear numerous cases. Dockets cover guardianships lunacy discharges probate letters, audits, and guardian appointments. The frame includes police and criminal court notes, real estate transfers, and estate distributions with named attorneys and petitioners.
In New York grain trade, reports note fluctuating prices across corn oats and wheat with September and December futures cited. Prices show modest gains for some and declines for others as traders weigh supplies demand and seasonal factors amid market volatility.
The Chicago wheat and corn markets faced uneven trading as a late demand uptick and reports of rust in Nebraska influenced prices. July wheat hovered near 86 while corn edged lower, with mixed activity across boards and receipts varying at major exchanges.
Railroads boost repairs and equipment orders amid strong demand for iron and steel. Western firms speed track repairs, agrarian machinery and merchant pipe show activity. pig iron and vessel cargoes rise on reduced prices and new cargo markets. Cotton and commodity markets show mixed but recovering tones with some gains and quiet spots.
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