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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Mar 18, 1905

Page

25

Stock Market Slump Deepens Amid Broad Selling Pressure

Washington Post report notes record weakness across markets with blends of bank losses and call money retractions. Paris and London sag, U S rails and Smelting shares surge briefly before renewed selling drives prices down to close near session lows.

New York Money Market and Bradstreet Weekly Bank Clearings

Money on call strong with bids around 3 percent and offerings near 3 percent. Time loans easy at 3 to 4 percent, six months 3 3?4 percent. Prime mercantile paper and sterling exchange noted. Bradstreet figures show weekly bank clearings by city, led by New York at about 1.9716 billion, with Chicago and others posting sizable year over year increases.

New York Bakers Teoma Wahder Erest Capital Loan Co St. N. W

American Tobacco andRailroad Bond Listings From New York Market

New York interests report listed certificates and bonds across lines including American Tobacco 4s, Atchison 42, Atlantic Coast Line 4s, Baltimore and Ohio, Chesapeake and Ohio 448, Chicago and Alton, Chicago, Burlington and Quincy, Chicago and Pacific routes, Colorado Midland 4s, Cuba 68, Denver and Rio Grande 4s, Distillers' Securities 63, Hocking Valley 45, Louisville and Nashville 4s, Mexican Central 43, Missouri, Kansas and Texas 40 and 2ds, Northern Pacific 3s, Oregon Short Line 4s, Pennsylvania 3⅝, Reading 3s, St Louis and San Francisco 4s, Seaboard Air Line 4s, Southern Pacific 4s, Union Pacific 4s, United States Steel second, Wabash debentures 8, Western Maryland 43, Wisconsin Central 4s and other listed certificates.

New York Ade Adams Express Amalgamated Copper Am Car and Foundry Anaconda Mining Co Atchison Atchigan Pa Atlantic Coast Line Haitimers and Ohio Baltimore Ontoptd Brooklyn Rapid Transit Canadian Pacifica Central of New Jersey Chesapeake and Ohio Chicago and Alton Chicago Great Western Chicago and Northwestern Mal St Paul St Louie Colorado Southern South Colo Delaware and Hudson Beere del, Lack and Western Rio Grande Washington Gas Ieee Distilers’ Securities Ri Chesapeake and Pot Erie Washington Railway Electite Erle General Electric i Hocking Valley Ate King Valley Ptd Lois Central International International Paper International Pump Pf Iowa Central Nowa Central Southern ‘Pi Obateville Nashville Manhattan L Hetropolitan Securities Mexican Central Eos Ming St Louis St. F Ste Missouri Pacific Kansas Kana Tex Nat R. R Mexico Pia New York Central N.Y Norfolk and Western Norfolk and Ern Ink Pacific Mather Electric Bitters Fruggists American Tobacco Atchison General Atchison Adjustment Baltimore and Ohio Central of Georgia Chicago, Burlington and Quincy Pew ‘Se RL and Pacific R. R R. I and Pacific BR. Ay Col Genemek Lego Colorado Midland Colorado and Southern Cuba Denver and Rio Grande Distillers’ Securities Erle Prior Len Erle General Fort Worth Denver City Japan Louisville United Manhattan Consol Gold Loc Minn SE Loula Missouri Texas Missouri, Kansas and National Railroad of Mexico Consol New York Central General New Jersey Central General Northern Pacific Oregon Pennsylvania Iron Mountain San Francisco Louis Southwestern Seaboard Air

Wall Street Slumps as Highpriced Stocks Lead Decline

Downtrodden session sees profit taking and heavy selling in high priced issues like Union Pacific New York Central and St Paul with rumors of Paris trouble weighing on sentiment. Traders note liquidation from Western wire houses and widespread unloading as bulls shift away from top stocks while Metropolitan and related issues attract attention amid cautious guidance from wirehouse chiefs.

Aperlatto Washington Pos Oy New York Faffire Ag Union Pacific New York Central St. Paul Paris Advance Ing

New York Grain Market Reports Wheat Rally and Prices

New York grain notes a firm spot for wheat with a strong rally driven by foreign news and favorable weather. May wheat futures rise to around 112 percent, with July and September contracts posting gains, while corn and oats show mixed activity and subdued option trading amid steady spot values.

W. B Hibbs & Co F Street New York Stock Exchange Washington Stock Exchange Chicago Board of Trade Chicago Argentina Sharis Mintegpola Minneapolis Bradstreet’s Duluth New York Manitoba

Cotton Market News From New York Sees Mixed Activity

The March 7 New York cotton market report shows moderate activity with initial gains of about two points followed by declines as selling intensified. Wire and commission houses supplied much of the selling, while large operators and Wall Street cliques traded on the long side, pushing prices down before midday. Continued coverage indicated further movement and a note that the story would continue on the eleventh page.

Washington Post New York Paris Wall Street Japan London W. B. Hibbs & Co F Street New York Stock Exchange Washington Stock Exchange Chicago Board of Jhade

Local Financial Gossip at Washington Board Opens

A lively opening at the local board featured a venerable member presenting a small green flag to the presiding officer. Trading was limited though interest in Gas stock revived with 100 shares at 68. Bonds of Washington Railway and Chesapeake and Potomac Telephone sold with modest gains and notable bids. Metropolis Bank and Monoline plans sparked high bids, while Mergenthaler faced dividend disappointment as capital stock rose. Mr. C. C. Glover of Riggs Bank plans a two week Cuban waters trip with the Secretary of the Navy and several Senators, subtracting the usual exchange cheer.

Bauch Chesapeake and Potomam Telephone Company Eateck Capital Traction Lanston Metropolitan Citizen’ Bank Loca Washington Railway Company Conmacranie Mergenthaler Board of Directors Monoline Belef Lssue C. C. Glover Riggs Bank Secretary of the Navy Cuban

Also Mentioned on This Page

New York Stock Market Bradstreet Boston Philadelphia St. Louis Pittsburg Cincinnati Kansas City Cleveland Detroit Milwaukee Memphis Decreae Richmond Savannah Axlante Norfolk Augusta Charleston S. C Wilmington Del Chattanooga Wheeling W. Va Macon Lexington Chesapeake and Potomac Telephone Washington Railway and Electric Washington Gag Greene Copper Washington’ Railway Washington Bailway and Electric District of Columpia Honda Utml Raiiroad Mekropolitan Railroad Metropolitan Railroad Sesttl Roatan City and Sabonakedaa Gai Anacostia Washington Railway and Eleetric Wi Company Washington Gea Company United States Ig Frat Berg Fatomac Electrica Eat Ina National Safe Deposit and ‘Trust Washisgton Loan and Trust American Sesuray and Trust Pitts Az Pui Ourere Annette Republie Rock Island Co Toy Trion Pacific Ome Union Pacific Healty Low United States Rubber Sbi United States Steel Pfa Car. Chemical Wheeling and Lake Wisconsin Central Wisconsin Central Faye Br A.adttooa W.bi Hibbs & Co Bankers An Rs Mis Ane New York Stock Ge Chicago Board of de Marc Naa U. S West Columbia Capital American Traders Lincoln Riggs Franklin Metropolitan St. Corcoran Potomac Arlington National Union People’s Commercial Coronial Heal Estate Title Columbia Title Chesapeake and Potomac Americas Wasington Gas Georgetown Gas Mergenthaler Linotype Lanaton Monotype Greene Consolidated Copper Washington Market Washington Steamboat Nate Majestic Lkely Juste Metropolitan Street Railway Metropolitan Securities Company Metropolitan Securities Interborough Chesapeake Tocal T&c NEW York Grain District of Columbia Hesskele & McLwran E Bates Pruett Ding Grosa Saies Galveston New Orleans Beaton Laan Philadelpnia Teady Brunswick Newport News Port Townsend Houston Great Britain Continent France Mexico Tite ‘Insurance WB. Hibbs & Co St. NW N. ¥. Stock Exchange Wash. Stock Exchange Washington RY Washington RY. Com Union Trust CO Mergenthaler, Lanston, &c the Stock, Grain, and Provision CO Wall St Loring Wires Washington Loan Office Corner 51 Acta Cari JOHN JOY _EDSON John A. Swope Ellis Spear Andrew Parker Harry G. Seem Boyd Taylor Thomas Bradley Reveyer Treasuer + Hes Eee C. Martin Brand Bulding and Loan Association Zoane National Mortgage Loan Company F Ad OX Furniture Planos Potomac Guarantee Loan CO N. W. Atlantic Building Mutual Loan and Trust Co F St. N. W Ioan Cane Aickness E Street N. W Plana National Loan and Investment Co Corlith and G Sts Treasury Swartzell Traders National Bank Geo. c. Henning Riggs National Bank PA Ave Oprosith U. 5. Treasury Equitable Co-Operative Building Association Equitable F A John Joy Edson Ellis Apear Geo. W. Carilear Frank Fpreside Griffin Halstead & Co New York Consolidated Stock Exchange Ueries Meller P. Miller Miller & Company Broadway NEW Ocrx Stock Exchange Cooper Exchange Cotton Exchange John V. Barross Massachusetts Mutual Life Massachusetts Mutual C Nesbit Mr . B. Sleman F. H. Smith Co N. Y. Ave Ralph W. Lee Freak C. Stevens Robt A. Chester Ast Pres N. H. Shea W White Cashier E Claughton Asst Commercial Cor Mthan National Bank IG Sts. N.W Banking House Edward J. Stellwagen George E. Fleming Dson B. P. Snyder & CO M. J. Sage & Co Melo R. Lappin St. W. W Cor Lewis Johnson & Co Bankers Moore & Schley Ot ’ Moore & Hill Wth Street the National Safe Deposit, Savings and Trust 15Th ST New Tork Avs van Favermare Anea Mogtrate Arwuteng John W. Frank Arthur Wall Lynn, Wall & Co F Street Northwest Adams Building Ates Chesley & Spence Colorado Bidg Wade & Hedges WM. J. Sage &Co Washington Loan and Trust Francis H. Smith Alvin Y. Bren Z. Quincy Smith John &. Eleman, Jr Mh Palton Harris Jackson E. Peey Kimball Peas Union N Savings Bank BOND District Loan CO N. W. Corn American Loan CO Gil 14Th St Grimes A&c American Loan Company 14Th St
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