First Prices Lowest Labor Troubles Ignored
A concise market note highlights American Tobacco Securities showing strength while copper shares rise, Wisconsin Central revenue increases, and banks hold reserves with little attention to reserve levels.
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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Mar 05, 1910
Page
2
A concise market note highlights American Tobacco Securities showing strength while copper shares rise, Wisconsin Central revenue increases, and banks hold reserves with little attention to reserve levels.
Special to The Washington reports tension over Lackawanna control of the Wabash line and Rockefeller influence. Copper and electrolytic sales moved higher amid talks of production cuts by major producers. Baltimore and Ohio bonds drew heavy demand, while railroads eyed new issues as European buyers showed keen interest.
Treasury balance has risen from 19 001 000 to 000 000 in three weeks prompting talk of issuing Treasury certificates of indebtedness to cover daily expenses and Panama Canal work. A tax shift and corps tax changes may remove the need soon. Local bond activity was light with modest price movement and several calls on Potomac Electric, Washington Railway and Electric, and other issues.
New York cotton futures opened steady then edged higher on bullish supply signals and favorable overseas cables. May and July contracts strengthened as traders cited improved forecasts and easing pressure from Western markets amid hopeful reports of delayed harvests and steady export demand.
The New York stock scene shows wide swings with Bankers and the Stosy Exchange cited. Traders note activity in bonds, metals, and grains, with European markets and Philadelphia involvement shaping sentiment. Prices range across agents like Bear EOSOM and EAMES while futures show shifting demand and modest gains in some sectors.
Live stock receipts and prices are reported with steers bulls and cows listed, plus hoges and sheep lambs receipts across New York and Liverpool. Prices show steady trends with meats and refrigeration figures, including references to market estimates and typical ranges for each category.
Insurance statements from New York Life Insurance Company and several others detail capital stock, premiums, and assets. Reports include balances, uncollected premiums, and reserve funds with figures for loans, real estate, and paid-in capital.
The document presents a condensed financial statement for Travelers Insurance Company of Hartford and the Connecticut Mortgage Life Insurance Company of Hartford. It lists capital stock, cash in bank, bonds, real estate, and various assets and liabilities, including unpaid claims, salaries, and dividends. The statements cover assets such as cash, real estate, and investments, and outline premiums, commissions, and expenses for the year 1906 through 1908, with signatures and a notary seal.
Grainy OCR fragment lists oil quotations and shipment figures with numbers and abbreviations. Mentions Toledo and North Lida with references to indexes, averages, and routes, but details are unclear and partially garbled. The readable items show prices per barrel and shipment totals for a regional market.
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