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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Mar 24, 1910
Page
2
A rushed, OCR heavy strip covers election results, bond movements, railways and energy notes, with scattered place names and figures. The text mixes Massachusetts politics, New York bonds, railroad notes, currency shifts, and railway officials, yielding a mosaic of 19th or early 20th century market and political items with unclear specifics.
Liquidity drained from new 41 4 per cent city bonds and stocks as bond dealers faced a thin market. Anaconda merger chatter, rival Guggenheim interests, and smelter stock weakness colored traders’ view of impending consolidation and market risk. The week ends with expectations of renewed activity as Easter, Good Friday, and market shifts loom.
The Washington Stock Exchange saw a 60 percent rise in activity yesterday compared with last week, but broad trading remained limited to a handful of leading favorites. Washington Railway and Electric preferred led with 400 shares trading, while Lenston and Mergenthaler and Chesapeake and Potomac, along with Washington Gas, showed notable movement as demand outpaced supply.
An OCR filled summary notes steady meat and poultry receipts, on eggs and butter, with firm prices for tallow and fats. It mentions strong grain demand, rising money supply, and optimistic farm conditions, citing Washington bankers and bank leaders on real estate and construction activity.
Interest rises over a proposed trolley line from Anacostia to La Plata. Engineers toured the route last week amid speculation that Baltimore and Ohio interests back the plan and influence improvements at Shepherds to make it a shipping point for Washington to the West. Local officials deny knowledge of the rumor.
New York cotton and financial markets show renewed investor interest after weeks of waiting as industrials and rail stocks rise. Washington reports increased Treasury balances, bond formation talk, and potential bank consolidations while transport and mining sectors draw buyers in a cautious, rate-sensitive climate.
Markets page reports the Bank wil not establish a new branch in Diewee due to leases held by tenants delaying for fall. Charleston West Virginia dispatch notes Peoples Home Bank of Anacostia gains charter with Washington incorporators, aiming to rank business. Commodity prices show wheat and cattle shifts, with stock market figures and local oddities.
Agnes Lewis of Lawrence Kansas reports short rapid breath and weakness improving after using Dr Miles Heart Remedy. The ad claims the product strengthens nerves and muscles, aids sleeping and eating, and offers a money back guarantee if the first bottle does not benefit the user.
Insurance report records the condition of the Delaware Insurance Company as of December 2 1909 with capital stock 400 20000 assets and liabilities. It lists losses sustained during the year 1909 258 31 and various receipts and expenditures including money received 1029 1794 696 and expenditures 109 640 0a signed by officers Charles Garnall Samuel Straub and Thomas A MacDonald with January 15 1942 date noted.
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