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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Mar 10, 1908
Page
33
Washington to New York dispatch notes a steadier upswing in stocks with strong purchases in steel shares and extending general market strength. The report cites foreign buying, reduced to a calmer session after Saturday’s volatility, with Wall Street under broad influence and limited declines.
Special to The Warblegton Poot reports New York markets showing tentative upturns as traders weigh hopeful signs from interior demand and factory reopenings. Increased wire activity from the West and rising United States Realty and steel shares point to a cautious spring uplift, amid political uncertainties and broad optimism.
Financial page notes closing curb quotations for American Bridge Foundry and Consolidated Steamship lines, with government bonds and corporate securities listed. US railroads, mining firms, and banks show mixed prices. money market quotes, Sterling rates, and banking balances reported.
The London tin market rose with spot at 134 and futures at 1210. Locally dull but higher in sympathy with cables. Copper up in London with spot at £57 16s and futures at £38 6d. Lead and zinc mixed with London gains, while iron and foundry prices held steady or rose modestly.
The item lists wholesale prices for produce and meats with regional quotes from Virginia North Carolina and surrounding areas. Butter eggs poultry dressed livestock and vegetables are shown with current market levels and demand notes. Local delivery pointers direct readers to place want ads via The Post’s branches near King's Pharmacy Vermont Ave.
Chicago wheat eased after the government crop report showed large farmer holdings and a cautious market. May futures opened lower, fluctuated with short-covering and selling, then settled around 95 cents. provisions and hogs strengthened on export optimism while corn held firm. Local receipts and visible supply shifts were noted, with mixed results across wheat, corn, oats, and livestock futures.
New York March cotton closed steady with a net gain of 0.67 points as daily sales reached about 12,000 bales. Prices held near top after early gains amid crop-activity rumors, improved overseas cues, and expectations of deferred crop preparations. Local stock movements and a rumored 3,000 bales moved to Georgia mills began April 1.
New York markets show cattle receipts 3,685 with steady to higher bids for steers bulls and cows. Calves and Western calves steady. sheep and lambs steady to strong. hogs up to 25 cents. Chicago and Baltimore reports follow with cattle, hogs and sheep price ranges and weekly totals.
Baltimore markets show steady to firm prices across grains with steady oats and corn mixed for March deliveries. Wheat and flour futures edge higher while oats and rye hold. sugar remains in demand and butter shows no significant change.
The Great company seeks capable men to represent it in the insurance field. No line of business yields to the man of character and enterprise. The Washington Manager George C. Kordan invites applications at Mi Bond Building for positions with or without experience.
New York market notes show steady to firm prices across commodities. Poultry and eggs report variable receipts and quality grades, with dairy products, flour, and oils indicating modest changes. vegetables list steady potato and cabbage quotes, while grains and proteins reflect overall market steadiness with regional price spreads.
New York March 9 wheat and corn prices shown with receipts exports and spot values. Wheat notes include No 2 red and northern Duluth futures with May July quotations and closing lower. Corn receipts and exports reported with spot firm and several grade prices. futures drifted in a generally firm session on receipts and barrel support.
The Department of Agriculture reports March 1 1908 holdings of wheat corn and oats by farmers. Wheat on hand estimated at about 3.5 percent of last year’s crop or 148 721 000 bushels. corn 87.1 percent or 962 429 000 bushels. oats 86.5 percent or 247 476 000 bushels. Shipped out fractions and ten year averages cited. proportions vary by crop.
In Aliquippa Pennsylvania a new Jones and Laughlin plant is to be built and work resumed after a fall halt. An increase in orders is reported and company officers expect continued improvement. Idle molders report to No 3 foundry today as the Westinghouse receivers place more workers. An order for 12 1/2 miles of pipe is expected to be placed here this week.
Former Judge Francis J. Wing of Cleveland filed a voluntary bankruptcy petition in U S District Court. Liabilities were listed at 13 631 with assets of 4 165. Wing resigned from the federal bench in the Northern District of Ohio and later became an attorney for Cassel Chadwick, who was convicted in the same court.
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