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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Mar 08, 1910
Page
2
The Washington Post reports Wall Street’s improved outlook for U.S. business as a freight demand upswing and favorable earnings signals. Bank reserves and credit conditions show strain amid published weekly statements, with rail equipment shortages and terminal congestion shaping industry expectations for continued growth in 192? crisis-era mood.
Special to The Washington Pant reports stocks opened strong and stayed buoyant after the tobacco decision. Bullish traders noted gains in Southern Pacific and Union holdings, Steel common led advances, and Rock Island bonds drew strong subscriptions abroad and at home signaling revived investor confidence.
A treasury and commodity market summary from March shows mixed activity. Bond yields, currency exchange, and wheat futures move modestly with notes and bills at varied levels, while spot prices and barrel measures indicate light trading and near steady or slightly weaker trends across grain and livestock markets.
Trading on the jgton Stock Exchange showed activity led by Weslington Gas and Washington Railway and Electric with a broad market advance. Officials announced the dissolution of Pierpont Morgan & Co’s $20 million Southern general mortgage debt syndicate, used to retire securities and fund improvements, while railroads face looming legislation and widespread employment figures.
Wholesale market round up lists fruits vegetables and meats with quoted prices for items such as potatoes onions yams apples oranges grapefruit grapes pineapples cranberries lemons limes and poultry. Prices appear per crate box or pound with references to regional markets and packing details.
Grain prices eased across wheat corn and oats amid bearish demand and mixed crop reports from Chicago, with May and July futures sliding as selling pressure grew. The market closed weaker on broad liquidation, despite some early buying and hopes for firming on better crop prospects.
Livestock market notes show receipts of 4744 head including steers 8097 bulls 100 cows and dressed calves. Traders report demand steady for dressed calves and steer undressed volumes, with hogs and sheep listed and various lots priced. trading shows typical market activity with mixed quotes across categories and regions.
A dense market dispatch lists diverse items from oats and corn to dairy, meats, and cotton. It notes varied prices, shipments, and receipts across agents including New York Steel Exchange brokers, with references to Western creamery consignments and regional market activity in late spring.
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