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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Mar 01, 1910
Page
2
Investors and speculators push gains as market demand shifts. Rubber shares buoyed by London foreign demand, with railway bonds staying strong. Traders report cautious optimism amid mixed headlines and a steady advance through the session.
In New York trading Saturday strong demand for traction securities boosted the Washington Bluebelt. Washington Railway and Electric shares rose with 4 percent bonds bid at 85 8. Washington Electric common advanced to 371 3 while preferred traded around 9 The gas stock moved 7 to 69 1 2 with after call activity. Receivers of the Baltimore and Annapolis Electric Railway were ordered to fund interest due within 90 days totaling 49300.
The New York stock market report for Monday February 23 highlights trading activity across major indexes. Analysts note early gains amid investor optimism, with volume rising as traders reassess earnings outlooks and macro data.
In a developing note from the New York bond market traders, dividend disclosures are linked to WoOR Hibbe and Co bankers and the Newark Stock Exchange board of directors. The report outlines potential payouts and implications for investors.
Market notes from Washington list price shifts across fruits and vegetables amid colder weather. Virginia Tennessee and New York entries show varied gains with eggs dairy meats and staples priced per crate bushel and pound, reflecting regional demand and seasonal changes.
In Chicago grain trading February activity showed price advances across corn, oats, and wheat as strong buying interest supported by higher live cattle prices and tighter arrivals pushed futures to new highs. May and July contracts led gains while corn and oats posted notable advances and pork markets echoed the bullish tone.
Baltimore markets show wheat and corn price activity alongside freight rates. The Philadelphia area reports the Pennsylvania Railroad Company 1909 annual results with gross earnings of 163,564,527 and net income of 35,109,087, while subsidiary lines like the Pennsylvania Company and the Pittsburgh Cincinnati Chicago and St Louis Railway publish improved revenues and profits for the year.
A condensed market summary reports cattle hogs and sheep receipts in New York and Baltimore, with prices and trends. Cattle rejections and pork values show mixed moves. calves veal and sheep futures cited along with wholesale and futures commentary. Trade activity noted in bonds and cotton markets, plus commodities like flour and corn with price shifts and weekly receipts.
Special to The Washington Post reports a dull Wall Street morning that turns tentative after the Supreme Court announces no decision on tobacco. Traders await Washington news while cotton and rubber shares surge and the time money market stays dull with funds near five percent.
A garbled 19th century ledger entry from Jefferson Fire Insurance Co of Philadelphia records assets and citations under the Columbia Code. It lists capital stock 260000 in cash 2607 60 and total assets around 5293 with bonds and uncollected interest 140 081 79, noting the code sections amended June 1002 and related trust figures.
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