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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 22, 1907

Page

5

Harriman Opposes Rockefeller On Federal Control Of Railroads

Financier E H Harriman answers John D Rockefeller on Federal control and overcapitalization. He says railroads are not overcapitalized, laws already on the books suffice, and future growth should be development driven not competitive. He predicts a possible, gradual contraction in business and prices, and rejects English standards for American railways. He spoke at the Metropolitan Club amid firm convictions.

New York John D. Rockefeller E. H Harriman Harriman Rockefeller United States Wall Street Metropolitan Club Millonaires” Club Rockefellers Gerveransat Ig 19 Counti Hualdine

Highlands Property Sold for Residential Improvement

The Connecticut Avenue Highlands Company, owner of the property five blocks north of the Connecticut Avenue bridge near Cleveland Park, is sold by the George P. Robinson Company to New York and Pennsylvania parties for $12.34 per share. The buyers, with two former stockholders, plan to form a new company and continue grading and improvements for residential use.

Connecticut Avenue Company George P. Robinson Company Connecticut Avenue Highlands Company Whteh Connecticut Avenue Highlands Connecticut Avenue Bridge Cleveland Park New York Pennsylvania Cld

Potomac Fire Insurance Company Not Sold

Negotiations to sell the Potomac Fire Insurance Company were called off as buyers failed to offer satisfactory terms. President John Taylor Arms said stock would not be sold and he would remain in his position. He noted a majority stake of $200,000 and equal treatment for all stockholders, but the deal is permanently off. Names of prospective purchasers were not disclosed.

Potomac Fire Insurance Company John Taylor Arms

Duluth Broker Fred Merritt Closes Doors

Fred H Merritt, reputed Duluths largest curb stock dealer, closed his doors as trustees take over his affairs. Once worth about 500000, he was hit by the copper slump and market declines. Merritt's lawyers say creditors will be paid in full and he may recover with a substantial margin. Loss marks Duluths first brokerage failure since the copper craze.

Duluth Man Fred H Meritt Merritt New York Boston

Bank of France raises discount rate amid foreign demand

Paris reports the Bank of France lifts its rate from 3 to 8 12 percent and the private rate from 3 to 2 48 percent due to strong foreign demand for money. Authorities expect further hikes as eurocurrency pressures mount, with New York and Berlin calling for funds via London. Market reactions appear muted, seen as a prelude to a possible 4 percent official discount rate.

Paris Mar Bank of France France New York Berlin London B

Wheat and corn surge as crop damage fears rise

Chicago grain notes report damage from green worm and heat depress crop outlook, sparking strength in wheat May to 75% and a rally in corn. Oats move higher. provisions slip with lower hog prices. Local receipts about 511,000 bushels, with Kansas acreage sowing expectations pressured by seed costs.

Wob Hibbs & Co New York Stock F Exchange Washington Stock Exchange Chisago Board of Trade Chicago Seaton Liverpool Minneapolis Tuluth Lverpool Kansas

Washington Stock Exchange closes with varied quotations and commodities

Closing bid quotations show Washington Railway and Electric common and preferred at mixed prices, along with numerous bonds, utilities, and banks like National City Bank and Metropolitan Railroad. Firm notes on eggs butter dairy meats and produce reflect a broad market snapshot across regions and sectors.

Baltimore Markets in 1867 Decline and Steady Signs

The Baltimore market notes dull wheat and steady corn with varied spot and futures quotes. Receipts on grains mix with exports, including Southern white and yellow corn, oats and hay firming, with freight and sugar markets stable. notices at Toledo and educational content ask for responses by April 1.

WUTC

Faith in banks and fair rail rate talk by Stuyvesant Fish

Stuyvesant Fish, former president of the Illinois Central Railroad, addressed University of Pennsylvania finance students on Faith the Basis of Finance. He argued post Roosevelt reforms have been beneficial, criticized the Hepburn bill as economically unsound, and urged fair rate regulation and honest enforcement to sustain railroad financing. He noted railroads need revenue from legitimate stock and bond sales and that a nationwide 2 cent fare would strain some lines.

Illinois Central Roosevelt Bunt Philadelphia Stuyvesant Fish New York Illinois Central Railroad Waartoen School of Finance University of Pennsylvania Fisa Wall Street Stock Exchange Pny United States Old Mother Earth

New York Grain Report Shows Mixed Wheat and Corn Trade

New York Mar 91 grain market receipts show 21,000 bushels of wheat spot steady with various classes quoted at several prices. Wheat futures closed mixed with May, July and September showing modest gains and losses amid bearish crop news and export activity. Corn receipts 191,250 bushels, spot barely changed. prices for No 2 and No 2 white trades noted. Oats receipts 94,500 bushels with spot mixed and slight price movements as bid prices cited.

New York Pennsylvania India New Orleans Rio Santos Cordova Duluth Kansas

Washington Railway and Electric Shares Trade Firms

After 45 shares of Washington Railway and Electric traded at 351-2 below Wednesday close, the stock rallied on the Incuk exchange yesterday. Sixty day option activity pushed 100 shares to 936, then 50 more at the same figure. Close at 3-4 with 36 asked. preferred 80 and 791-2 firm. National City Bank stock rose 2 fractions, Commercial National up 3, Washington Loan and Trust up 1. Mostly quiet session aside from small block trades. Capital Traction minor exception at 141-2.

Serce Washington Railway and Electric Common Washington Railway and Electric Preferred National City Bank Alter call—National City Bank Stock Exchange Philippine Land Purchase District of Caluable Gan Washington Gan Company Washington Gas Company Capital Traction Railroad Amnacostia Pottmacus Columbia Railroad Morigexo Ba Il Metropolitan Railroad Metropolitan Railroad Washington Railway and Electric Washington Alexandria Mount Veron Houde United States Electrie Light Potomac Electric Light Norfolk and Washington Steamboat Chesspeake Potomac Washington Market Company Washington Railway Electric Common Washington Railway and Electric -Preferred Washington Gas Georgetown Gas Washington Alexandria Mount Vernon Checa Peake and Potomac ‘Telephone Mergentheler Lanstype Lanaton Monotype Greens Capper Mitchell Mining Company National Bank Americam Capital Central National City Columbia Commercial Farmers and Mechanics Lincoln Metropolitan Washington Exchange Bank Trust Company American Security and ‘Trust National Safe Depaalt and Trust Waton Tract Company Washington Loan Trust Washington Baja Deposit Union ‘Trust Savings Bank Home Savings Bank Union Savings Merchants and Mechanics’ Savings Bank Arlington Garcoran Iremen Franklin National Union People's Thule Columbia Title Washington Title Southern Public Service Corporation Washington Morket Bidelity Storage Company Incuk Exchange Aixty Commercial National Washington Loan and Trost Capital Traction

Exposition Editor Washington Post Open to All

Exposition editor at the Washington Post in Washington D C announces openness to all readers and contributors, highlighting inclusive coverage and public access to upcoming exhibitions and features. The note underscores the paper's commitment to diversity in perspectives and events.

Washington Post Washington, D. C

Opportunities to Win Free Trips at Historic Exposition

A call to enter a popular contest promises a chance to win free trips to the United States’ most historic exposition and cash prizes. Readers are urged to begin early and enlist friends to maximize their odds.

United States

Also Mentioned on This Page

E. H. Harriman Highlands Property Potomac Company Fred H. Meritt Nomi Chicago Grain GTON Virginia West Virginia Southwest Virginia Tennessee North Carolina New York State Western Factory Bam Charleston Florida Celary Western California Caullioner Norfolk York Imperial Ben Davis Washington Cattle Market Texas Buffalo Aulle Baltimore Toledo Ow—Norh Lims Lima Indiana Office of Publication Hepburn Local Financial Jamestown Exposition The the Post District of Columbia Maryland Jamestown Alexandria City Alexandria County Fairfax County Loudoun County Montgomery County Prince George County Charles County Daily and Sunday Post
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