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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Mar 16, 1905

Page

4

Money market tightens as loans rise amid Treasury payments

Financial news from New York describes higher money rates due to Treasury inflows including 15 million in public funds and 4 975 million for Philippine bonds. Banks expect rates to stay firm into April while interior remittances ease. Stocks show mixed strength with Atlantic Coast Line and several big rails leading gains amid cautious market tone. The February foreign trade report shows a smaller surplus, with imports rising and the trade balance narrowing to four billion eight hundred seventy thousand dollars. European bond negotiations remain unclear as Russia’s finance moves draw attention.

Washington Pit New York Maoroh Clearing House Association Lere Marek Sauliers Talivads Chicago Alton St Paul Ontario New York Central New York, New Haven and Hart Railroad Company American Car Wall Street Paris St. Petersburg Russa Russia Turedar Rental Reison

Local Financial Gossip Shows Weaknesses in Trading

A stock market snapshot notes weak tendencies among favorites with subdued broker activity. Capital Traction rises to 146 while Washington Railway sags. several issues show mixed demand and large blocks offered without price breakthroughs.

Metropolitan Citizens' Bank

Washington Market Eggs Drop on Liberal Receipts

Market notes a further egg price decline on the Egg and Buller Exchange due to ample receipts. Prices opened at 17 and fell to 16 by noon. storage eggs unavailable, and duck eggs cannot be purchased. Butter steady with rising receipts. live poultry and dressed poultry show varied demand and pricing across multiple grades and weights.

Egg and Buller Exchange New York American Tobacco Atchison General Atlantic Coast Line Dattimore Ohio Baltimore Central of Georgia Entral of Georgia 1St Inc Central of Georgia 24 Inc Chesapeake and Ohio Chicago Alton Ieeage Buriingtom Quincy New Denver Rio Grande Ogee Port Worth Denver City Hocking Valley Japan Louisville Nashville Kansas Texas National Harbord of Mexico Consol New York Central General New Jersey Central General Northern Pacfic Ds Northern Pacific Norfolk and Western Consol Oregon Short Line Pennsylvania Reading General Virginia West Virginia Tennessee North Carolla Wecmity St Lowig Iron Mountain St. Louis San Francisco St. Louis Southwestern Con BOY Seaboard Air Line Ces Southern Pacife Sane Southern Railway Texas and Pacifle Toledo, St Sous Western Sbty Union ‘Pacife Union Pacife United States Steel Wabash Debenture Maryland Wheeling and Lake Erie Wisconsin Central

Stock market quotes from Washington banks and railroads

Closing quotations on yesterday's stock exchange show bids for Capital Traction Railroad 45 to 1903 20 and Washington Railway and Electric preferred 93 percent. Bonds include District of Columbia 1924 118K and Metropolitan Railroad 1925 55. Various banks insurers and utilities listed with prices and percentages. Safe deposit trusts and multiple rail and gas stocks appear with mixed values.

Capital Traction Washington Railway Washington Gag Mergenthater Lanston Greene Copper Chesapeake and Potomac Telephone American Security and Trust Union Trust National Safe Deposit Washington Logns and Trust Aul Bank of Washington Riggs Bank Traders Bank Washington Railway and Ejectric Commercial National Bank National Union Insurance Company Mergenthaler Linotype Lanstom Rall Washington Railway and Electric Metropolitan Railroad Columbia Railroad City and Suburban Railroad Angcostia and Potomac Washington Gas Company United States Electric Light Chesapeake and Powmac Washington Market Company Potomac Electric Light Safe Deposit and Trust National Safe Deposit and Trust Washington Loan and Trust Washington Safe Deposit Union Trust Company Washington Savings Bank Home Savings Bank Washington National Bank Bank of Washington Metropolitan-Chizeng Central Farmers and Mechanics Ses Columbia Capital American Lincoln Riggs Firemen’s Franklin Metropolitan Corcoran Potomac Arington German-American National Union Risge People’s Commercial Colonial Columbia Title Chesapeake and Potomac Washington Gas Georgetown Gas Wis Langston Monotype Greene Washington Market Norfolk and Washington Steamboat Health Appraisal Agency Company

New York Money Market Report March 15

Money on call strong with bids at 3 percent and offers at 3 percent. Time loans easy at 2 percent for sixty and ninety days, six months at 4 1/2 percent. Prime mercantile paper 3 to 4 percent. Sterling exchange easy with bankers' bills at about 4.8675 for sight and sixty day bills near 4.8475. Commercial bills 4.8444. Bar silver 68 1/2 percent. Mexican dollars 45. Government and railroad bonds steady.

New York Prime Mercantile Sterling Exchange Bankers

New York Markets Tally Steady Prices Across Commodities

New York markets report receipts and prices across butter cheese eggs flour hogs lard and oils with multiple items steady or unchanged. Copper tin and other metals show small shifts while Interborough Rapid Transit declares a 4 percent dividend. markets on the thirteenth page note additional details.

Sully Dominant in Cotton Pits Forces Bull Move on NYSE

Washington Post report from New York on March 15 describes Daniel J. Sully's return to influence in the cotton market after bankruptcy discharge. May cotton climbs to 7.97 with bears pushing later. Sully vows to act on belief cotton will rise, backed by a Wall Street syndicate led by Joseph H. Hoadley.

Washington Post New York Daniel J. Sully United States Sully Nowise Theodore Price Price Wall Street Joseph H. Hoadley Cotton Exchange New Orleans Stock, Grain and Provision Co Loring Wire Wahington New York House Washington Loring Havenner & Kennedy Home Life Tel Qats Sea Sorento

Cotton Letter Reports Market Turn and Pricing Dip

A New York March cotton letter notes an initial buoyant start with 8 cents, then a reversal that shaved 14 to 17 points from morning gains and 8 to 5 points from last night’s close. Prices near 8 cents with May at 7.97 and July at 7.98, spread of selling from the South. Exporters and spinners hold orders, farmers see rally potential, falls in prices trigger sales, Fall River mills seek spot cotton. Spot prices steady, futures steady. Miller & Co. provides quotes and notes Liverpool to fall 6 points.

New York South West Fall River Mille Liverpool Hugh. Low Maren

New York Cotton Ends Slightly Lower After Nervous Trading

The New York cotton market showed continued nervousness with early sharp advances but heavy fro nt-taking faded gains. May and July prices rose briefly to about 7.9 and 7.93, then declined to close 3.6 points lower. port receipts were heavy though not as large as expert estimates.

Live Stock Markets and Dividends Suit Report

New York market reports receipts and prices for cattle calves sheep and hogs with national comparisons, citing steers bulls cows and veals priced per hundredweight and per pound. In Trenton, Richard Slesman sues Electric Vehicle Company to force $324,800 in alleged surplus dividends on common and preferred stock.

New York Tomorrrow Chicago Trenton N. J Richard Slesman Court of Chancery Electric Vehicle Company Siegman

Also Mentioned on This Page

Southern Delaware and Hudnor del Lackeid Western Denver and Distillers Securition Erie Erie General Electric Nhineig Central International Paper International Paper International Pump International Pump Iowa Central Kansas City Nashote Manhattan Metropolitan Securities Mexican Central Mini St. P Ste. M Missouri Pacific Kansas and Tex National Discuit Nat. R. R Ont and Western Kalk and Western Norfolk and Western North American Pacific Mail Pennsylvania People's Gas Pitts St. B Pullman Palace Republic Steel Republic Steel Pta Rock Island Co Rock Island Fo St. L San F St Lows Southwestern Tennessece Coal and Iron Texas and Pacific St L Union Pacific United States Leather United States Rubber Chemical United States Express Wabash Wells-Fargo Express Westinghouse Electric Western Union Wheeling and Lake Erie Wisconsin Central Ptd W. B. Hibbs & Co F Street New York Stock Exchange Chicago Board of Trade Washington Stock Exchange Stock Exchange Common Preferred Commercial Bank Washington Produce Market New York State State Bermuda Havana Jersey Florida California State and Western Norfolk NEW York Stock Market Adams Futprese Ay Am Far and Fundry Jo Amerane Foundry Ptd Bat Armarlean Ce Imerean Express Amer An Lee Pr Bam Amerie Aw Snell New Jersey Afua Paul Ptroleum Cordova Long Island Atare Locéon London Glasgow Middiessora Foundry Northern Foundry Southern Scott Interborough Company Interborough Rapid Transit Company Manhattan Island New York Exchange B’y Com Mergenthaler Union Trust Co., Washington Gas, Lanston, Bank Stocks D. of C F. H. Smith Co Los N. Y. Ave Equitable Co-Operative Building Equitable Building F St John Joy Edson ELLIS #PHAR Geo Frank P. Reeside B. P. Snyder & CO F St. N. W Imm Ponde M. J. Sage & Co Moore & Hill Mth Street Miller & Co Street Mdg Stack Galveston Fteady Savannah Charleston Boston Philadelphia Sacksonville Houston Augusta Cincinnati Ain Great Britain France Continent Mexico Plaxico Swartzell, Rheem & Hensey Co Warner Building Comptroller of Currency Riggs National Bank PA U. S&s. Treasury Ralph W. Lee G Street Gor Traders National Bank Geo. C. Henning N. W U. S N.d. Miller P. Mille Miller & Company Broadway Corporation The National Sate Deposit, Savings and Trust 18Th ST New York Ave Arthur Wall Lynn, Wall & Co F Street Northwest Adams Building the American Audit Company New York City W. Lafrentz DT. Manwaring Cochen, Jr Sec Treas Otto Luebkert Colorado Building Th. S. Cu, Te R. Lappin St. N. W Cor. F Chesley & Stence Colorado Wade & Hedge N.Y Xeep Weill N.W Washington, D.C Cor Boardwalk Atlantic City Mergenthaler Linotype Company Fred'k J. Warburton John W. Frank Melrose Clifton Forthwest North District of Columbia Heiskell & McLean Griffin Halstead & Co F Street N. W New York Consolidated Stock Exchange Beer Intvesta Centa Wall ‘Strast Bears King Cceaele Hose Commercial National Bank Cor Sts. N.W Lewis Johnson & Co Moore & Schley Francis A. Smith Alvin M. Lothrep W. Prea Guingy Smith John B.awan Fulton Harris Jackson H. Ralston Sc. Ribey Wen Union Savings Bank 7Th John Joy Fersax Swope Ellis Spear Andrew Paraer HARRY G@ NEEM Bayd Taylor Thomas Bradley Rregeren Treaurer Res Estate Oficer C. Martin Brand Ely Joan Surety Warder Metropolitan Loan and Trust Co E Street N. W Washington Mortgage Loan CO American Loan CO 14Th St. N. W É&Cc Towner Timat Conveniens Planos Iuaus Wits Ad Business District Loan Co W. Cor National Loan and Investment Go No. Cor Mear Treasury Mutual Loan and Trust Co F St N W Potomac Guarantee Loan Atlantic Building Conaderugi Wational Mortgage la I F BT IBA
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