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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Mar 16, 1912
Page
2
The article reports broad profit taking near the close with net results favoring the bull account. Amid rains and confusion in leadership, banks face threats of further weakness and traders weigh next moves as markets end the week with cautious optimism.
New York reports a harsh blizzard affecting the West while optimism rules in the financial district. Traders discuss crop influence, rail disruption, and potential market rebounds as Illinois Central dips, Amalgamated Copper surges, and Northern Pacific and Great Northern rise from October lows. The Chicago, Milwaukee and St Paul Railway plans a 31.5 million upgrade across the Northwest, mainly in Minnesota and nearby towns.
In thin trading on Thursday and Friday, prices held with little stock offered and muted demand. Washington Railway and Electric posted a new high while United States Trust and several banks traded sparsely. notable activity included Pututar Electric, Georgetown Gas warrants, and an unexpected extra dividend at Farmers National Bank. Property sales totaled 13,300 with three dwellings selling for 118 and Summit Apartment House at 000. Gas Company officers were appointed as Nicolson becomes president.
The article details erratic bond activity in New York with varied rates and securities, noting March movements among U S government notes, corporate bonds, and Treasury issues. It mentions several issuers and market indicators, highlighting the unsettled sentiment in bonds and notes across prominent financial entities.
The Washington market shows varied activity across bonds and stocks including Georgetown Gas warrants, Anacostia and Potomac issues, Metropolitan National Bank, and Am Tel and Telex. Notable movers include Mergenthaler Linotype and Capital Traction with mixed bids and yields as traders track rail, utility, and municipal notes amid a broad financial backdrop.
Fragmented OCR shows scrambled data on Wheat and Cheese markets in Philadelphia with references to grades, prices, receipts, and various percentages. The text mentions market action, price levels, and potential trading terms, but is largely garbled and lacks coherent events.
New York trade notes show firm to steady receipts across dairy, poultry, flour, and fats with price movement mixed among grains and meats. Wheat and corn futures reflect light demand and broader market softness as traders weigh shipments and seasonal supply shifts.
The page fragment lists commodity quotes from New York markets, including cotton and wheat notes, futures terms, and varied prices. It references New York March contracts, coinage for corn, eggs, butter, and live poultry with scattered figures and region mentions such as Maryland and Ohio.
New York March 17 h G Dun and Cus weekly review of trade states business activity is widening and sentiment improving across England and U S. Iron and steel demand strengthens prices while dry goods and cotton goods show active markets with notable print cloth sales. Leather, hides, and copper markets mixed amid strikes and steady purchasing, with industrial orders rising and overall trade outlook cautiously optimistic.
The armored cruiser West Virginia arrived from Honolulu and was added to the Pacific reserve squadron at Puget Sound. Hear Admiral Chauncey Thomas, recently relieved from command of the Pacific fleet, returned to the West Virginia and will retire April 1. The Metal Market notes various industry items and prices.
A receivers sale advertises the Banner Laundry located at 1710 to 1718 EB Street NW. The auction lists items including boilers compressors washers and related laundry equipment and mentions a lease term for the premises. The notice frames the event under bankruptcy proceedings and names the auction date as Saturday the seventh day of a month in 1920s terms.
Graded proposals will be received by the Commissioners of the District of Columbia for furnishing and delivering supplies and attaching fittings for the fire department and other city services. The call specifies the term ending June 30, 1912, with bids due March 4. Procuring offices and officials are listed, with details on contract terms and where to obtain blanks.
Auction style notice lists 400 high grade second hand carriages and associated gear. Includes 4 grand station wagons and various carriages, runabouts, buggy gear, saddles, bridles, and horse tack. Also seeks horses from farm dealers and mentions specific locations in Washington with contact details for the sale.
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