Slump After Advange Sharp Raid on Erie Shares
The New York stock market opened with broad gains but soon rallied into a wide opening then fell as profit taking and liquidation of weak accounts dominated. A sharp Erie raid triggered a price drop on Erie stocks tied to rumored short term notes maturing soon while money markets show signs of improvement as government actions shift cash into banks.
MENTIONED IN THIS ARTICLE
New York
Mar
Mnanelal
Wall Strest
Aleck Exchange
Prees
Erie
Eria
Cteran
Financial District
Aldrich
Treasury Department
Treasury
Cortel
Secretary of the Treasury
Efe
Direttore
Wall Street Gloom Eases As Erie Leads Market Rally
In New York the panic subsided with no failures reported and a calmer tone in banking and brokerage offices. Erie led afternoon trading with a sharp drop after a prior rise, while banks absorbed large deposits and government bonds for April disbursements. London sentiment steadied as Cortelyou’s actions reassured traders, and Pennsylvania rail steadied with a fractional gain while other markets stayed volatile.
MENTIONED IN THIS ARTICLE
Washington Post
New York
New York Bond Market Listings and Market Moods
New York bond and commodities page reports diverse bond quotes and cattle and hog prices. It lists American Tobacco, Atchison, Atlantic Coast Line, Baltimore and Ohio, Central of Georgia, Erie, Northern Pacific, Mexican Central, Jersey Central, Reading, Southern Pacific, Union Pacific and others with varying yields. Livestock receipts show steers, cows, calves, sheep and hogs with price ranges. grain and other futures quotes appear alongside.
MENTIONED IN THIS ARTICLE
New York
E.R. Chapman & Co
G. B. Chipman
New York Stock Exchange
Northwest
Aamerican Tobacco
American Tobacco
Atlantic Coast Line
Baltimore and Ohio
Brooklyn Rapid Transit Central of Georgia
Gentral
Georgia
Central of Georgia
Chesapeake and Ohio
Chicago
Alten State
Burlington and Quincy
R. J
Pacilo R. BR
T. I
Pacific R
Col
Ba. G. Go Ce
St. Louis
Colorado Industrial Gs
Eeries A
Colorado Midland
Colorado and Southern
Denver and DintiMers' Securities
Erie Prior Wen
Erie General
Hocking
Japan
Jann
Beeves
Rovelpis
Othera
Tapan
Cert
Louisville
Neehville
Mrohattan Consol
Mexican Central 4A
Mexican Central Jat Inc
Minneapolis and St. Touts
Missouri
Kanes
Texas
Microurt
Kanaessyd
National Railroad of Mexico
York Central General
Jersey Central General
Northern Pacific
Northern Pacife
Jersey
Tnec
Neht Jeoy
Chofee Light
Goriahe Amis Ogee
Phckine
Sane Gregun
Reading General
Rt Louis
Jean Mountain Consol
St Louis
San Francisco
St Louis Southwestern Consolidated És
Live Stock Markets Cattle Steady and Pigs in Demand
Cattle hold steady while Vaal in Mberai market shows ease. Lambs and mutton desired. stock pigs selling readily at varying butcher, common, and rough prices. Hogs and sheep values listed. calves graded prime to common. cows prime fresh priced per head with wide ranges.
MENTIONED IN THIS ARTICLE
Vaal
Mberai
New York Money Market Report March 27
Money on call changes show the ruling rate at 4 percent with offerings around 3 to 4 percent. Time loans for sixty days quoted 6 percent to 6 1/2 percent, ninety days and six months at 8 percent. Sterling exchange firm with bankers bills at 4.83 to 1 for demon. Government bonds steady. railroad bonds irregular.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Demon
Fond St
Local Stock Exchange Drift With Modest Gains
Yesterday's featureless trading saw light volume and a general upturn. Washington Railway and Electric gained over a point, while Washington Gas and Greene Copper posted fractional advances. Bank stocks remained quiet as Mitchell mining was neglected. George P. Backs was elected to Central National Bank's board to fill Theodora Mayer's vacancy.
MENTIONED IN THIS ARTICLE
National Bank of Washington
Union ‘Trust
Greene Copper
Mitchell Mining
George P. Backs
Golden & Co
The
Central National Bank
Theodora J. Mayer
Washington Stock Exchange Roundup of Railway and Utility Shares
Yesterday's bid quotations show Washington Railway and Electric common at 87 and preferred at 79, Potomac Electric Light at 105 percent, Chesapeake and Potomac Telephone around 102 percent, and Washington Gas trading near 58 to 69 percent. Bond listings include Capital Traction Railroad at 48, Metropolitan Railroad at 63, and United States Electric Light certificates at 100, with various bank and real estate stocks cited.
MENTIONED IN THIS ARTICLE
New York
Bath Beta Adama Express
Kenexs City Southern
Kansan
Minneapolia
St Louis
St Py
Ste. M
American Express
M. St P
Missouri Pacific
Missouri
Havens
Texas
Nat R R
Mexico
Pla
Wees Ad American Locomotive Ptt
New York Centrale
Hiagy
Wddolar
Smet
Renning
Ontario
Western
Norfolk and Western
Anneonds Mining Co
Bay
Paclio Mail
Atchixon
Atehiaga
Pennsylvania
Atlantic Constan Ie
People’s
Baltimore
Ohio
Pitts
Bt- Louis
Baltimore and Ohio
Pressed Steel
Gsobrokiyn Rapid
Canadian Pacific
Fuirman Palace
Fertom
Central of New Jersey
Chesapeake and Ohio
Republic Steel
Chicago Great Western
Repwhite Steel
Chicago and Northwestern
Rock Island’Co
St. Loula
Southwestern
G. C
Colorado Fuel and Iron
St Lowsand & W. Pfd
Colorado and Southern
Southern Pacific
Eis
Southern
Southern Pacific Pf. Cal
Southern —Railway
PRY
Consolidated Gas. Ise
Southern Hallway Pti
VAMTR
Pennessen
Cora Producta Refining
Union Pacific
Deover
Erie
United States Rubber
United States Steel
Sun Sy
Great Northern Pit
General Electric
Carolina Chemical
Hocking Valley
Carolina Chemtea Pfd
Timnets Central Ab
Interborough-Metropoitan
TaafWabanb Pia
Ib A
International Paper
Asease
Wella-Fargo Express
Prarie
Westinghouse Electric
Jool International Pump
Western Union
Bors
TOY N Ba
Wheeling and
Lake Erie
Wisconsin Central
Iowa Central
Wisconsin Central Pi
W. B. Hithe & Co
Bankers and Brokers
F Street
New York Stock Exchanges
Chicago Board of Trade
Washington Stock Exchange
Washington Railway and Elnetriade
Potomac Electric Light
Chesapeake and Potomac Telephone
Washington Railway and Electric Preferred
Washington Gas
Cooper
National Bank of Washington
Union Trust
Potomac Insurance
call—Greens Copper
American Graphophons
Stock Exchange
AP Gas Bonde
Washington Gas Company
Neas
Capital Traction Railroad
Anneastra and Potomac
City and Suburban Railroad
Columbia Railroad
Metropolitan Railroad
Washington Railway and Electric 4A
Washington, Alexandria and Mt. Vernon Railroad
United States Electric Light Ehantura Improvements
United States Electric Light
Norfolk and Washington Stormboat
Chesapeake and Fotomac ‘Telephone Ss
Washington Market
Capital ‘Traction Company
Washington Railway and Electric Common
Washington Mailway and Electric Preferred
Norfolk and Washington Steamboat
Georgetown Gax
Washington, Alexandria
Mt Vernon
Mergenthaler Linotype
Langton Monotype
Greene Copper
Mitchell Mining Company
National Bank
American
Capital
Central
Ase
City
Columbu
Commergia
Farmers and Mechanics
Lincoln
Metropolitan
Rigen
Washington
Washington Exchange
Trust
Américan Sequrity” and Trust
National Batempoak and Trust
Union Trust Company
Washington Loan and Trust
Union ‘Trust Warmote
Savings Bank
Home Savings Bank
Union Savings Benk
Merchanis and Mécpania! Bank
First
Arlington
Columbia
Commercial
Corcoran
Firemen’s
Franklin
German-Amerlcan
National Union
Foopte's
Potomac
Fidelity
Washington Produce Market Prices Reported
Quotations show wholesale prices across categories with wide variability. Items listed include live poultry and dressed poultry, cheeses, butter, meats, and vegetables from Virginia, West Virginia, North Carolina, Tennessee, and New York state factories with multiple weight and grade distinctions.
New York Produce Market Report Summary
New York price listings show poultry Aliva steady Western chickens 9 12 per pound fowls 18 turkeys 13 dressed turkeys 10 15 fowls 11 9 15 percent. Flour receipts 24 800 exports 2 47 steady with moderate inquiry. Prices for lard pork and oils steady to firm. Potatoes and peanuts steady, cottonseed oil irregular, rice steady, sugar raw strong, freights steady.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
Tennessee
North Carolina
New York
Western
Maine
Charleston
Brussels
Florida
California
enullSower
New Orleans
Pane
Norfolk
Jomatnea
York Imperial
Ben Davie
Baldwin
Yorota
Continent
South America
Turpentine
Tokyo
Japan
Bermuda
Oil Quotations and Credit Balances for City and Nearby Areas
The report lists oil quotations and credit balances for City and neighboring regions. It cites percentages and figures including 2.7 percent, 179 246, 127 013, 181 average 162 052, and regional references to Toledo Lima Indiana and North Lima with varied percentages.
MENTIONED IN THIS ARTICLE
City
Toledo
Mar
North
Lima
Indiana
New York Cotton Market Quiet Near Previous Close
The New York cotton market closed steady near day prior levels with a slight decline of about 10 to 15 points. Opening steadied but sales were limited as traders cited unsettled cables and liquidation. Slight buying emerged on dwindling short interest amid rain expectations and a firmer stock market, but prices eased again toward late trading. Southern spots held mostly unchanged as receipts maintained seasonal pace.
MENTIONED IN THIS ARTICLE
Stock Exchange
Cortelyeu
London
New York
W. B. Hibbe £ Co
Moembera
New York Stock Exchange
Washington
Chicago
Uist
Wheat market in Chicago falls with weather relief and short covering
Favorable weather for the growing crop eased local wheat prices in Chicago while shorts covered, keeping May quotations steady. Corn drifted lower and oats showed mixed moves as receipts and demand wavered. pork futures rose slightly amid active bidding for lard and hogs. Primary receipts and regional brings were listed, with deeper market notes on spreads and futures behavior.
MENTIONED IN THIS ARTICLE
W. HB. Hibhs & Co
New York Stock Exchange
Washington Btock Exchange
Chicago Board of Trade
Righ
Chicago
Mar
Kansas
Minneapolis
Duluth
Tecel Peckers Were Eager Bidders For Pork, Petauze of
Tard
Ribeu
Hoxs
Financial Statement of the Bank of Washington 1907
The balance sheet lists loans and discounts at 985 577.29, overdrafts, securities and bonds totaling 1 507 094.38 liabilities include capital stock 500 000, profits 22 850.53, United States deposits 1 201 493.54, and reserves for taxes 2 750.00. Cash items and notes from other banks appear, with the cashier T A Clapham attesting to the accuracy of the statement dated March 7, 1907.
MENTIONED IN THIS ARTICLE
U. & Bonds
Aenerin
Baetalion
Femme Sos
T. G. Trenmurer
United States
Banka House
Eees
City of Washington
District of Gaumbia
T. A. Clapham
AG. Clapham
Beal
N. Thompson
Financial report of Columbia National Bank of Washington
Report of condition for March 2 shows bonds and securities valued at 4 500.00 with banking house and equipment, other real estate owned, a 80 000.00 redemption fund, and national bank notes outstanding totaling 250 009.03. Amounts due to other national banks reach 81 000.00, with trust company certified checks and tax reserves totaling 1 863.00.
MENTIONED IN THIS ARTICLE
Micellancolla
Waa
General
Philippine Treasury
Treasury
Columbia National Bank of
Washington
Columba
Finsbane
Bataree
National Bank Fem
Freeaurer
National Bank
U. S
Furmiers
Natonal
Agen
Legal Ten Redemption Fund
U.S. Bonds and Financial Terms From a Historic Ledger
A fragment lists U S bonds and securities including banking house furniture and savings, foreign money, legal tender notes, and the redemption fund with the U S treasurer. It references circulation and premium considerations in early U S financial records.
MENTIONED IN THIS ARTICLE
U.S
U. & Bonds
Farniture
Savares
Neve
Also Mentioned on This Page
Advange
Treasury Report
Ela
Boston Consolidated Copper
British Columbia Copper
Butta Coalition
Chicago Subway
Davie-Daly
Great Northern
Greane Cananea
International Seit We
International Mercantile Marines
Sy Mitchell International Mercantile Marine
Nevada Nevada Consolidated
United Coppa
Vu Rafanling
Dorsy
Corpea
ewapaprreAa Ia
Wall Street
Fox
St. Paul
James Henry Smith
Smith
Brattt
Ratirdkd
Berlin
Germany
Philadelphia
Boston
Albany
Boston and Malnie
Boston Elevated
Fitchburg Ltd
Centeat OY
New
Union Preific
American Sugar
American Telephone and Telegraph
American Woolen
Ae American Woolen Pfa
Eaton Electric Iitom
Td Moenachusetts Electric
Monstchucetta Electric Ptd
Monsichuretty Gas
Washington Cattle Market
Logal Financial
Salea
Railways Preferred
Galveston
Mobile
Charles
Norfolk Dullaw
Boatortet
Augusta
Lonias Valet
Clneinnati Hog
Toufaville
Ae Io
Porte
Britain
Waelooma Consolidated
Eran
France
Contitrent
Chicago Grain
NEW York Grain
Toth
Ine
Imamet
EMCI
Metal Markets
New ‘York
Zeke
T.téige
Spolter
Standard
Cleveland
Bremer
Northern
Tategadey
Doghae
Prin Lly
Office of Publication
Ee Hoe
National City Bank of Washington
District of Columbia
Jorredt
Louis F. Ee Ees Sanner
Z. F. Schneider
Wesliington
Colombia
Clarence Corson
Corson
A. N. Mitchell
Charles 3. Bailey
William E. Barrel
Thos. A Wuancis Saul
Lou Icemaker
Geo
W. F. Swartzell
John A. Swore
Fourteenth Street Savings Bank
AL Washington
Lawti ‘Mones Reser Bank
Total
Stoke Pala Ieee
Ressaseseee
Harika FL
Heuss
I. WB. R
Lashmett
Solemely
DE Lashmett
Paul F. Grove
Dle
Buckingham
Chon
Burkebaus
W. E
National Savings Trust Company, Cor
15Th St
Ralph W. Lee
G Street
N. W
W. B. Hibbs
W. B.A
Mas Bank
Trust CO
Bergenthaler
Anston
Tates of Credit and
Thos. L. Hume
BS & CO
Capital Traction
Crea RY Ptd
R’y Com
Steamboat
Traders’ National Bank
Bsour
Coe
OSS
Liabseatife
Gapital Ptock Petatn
Eurplus Fund
Natoma Bank
Steta Bathe and
Beokeras
Tesenteccece
Tims
Leslie United States
LE Pendall Cain
Pendall Cain
Goahier
Marth
WA. P. Young
H . Owen Owen
Henry P. Blair
Benj. Woodrufe
William A Gordon
B. Chiphan
Weeters
Central National Bank of Washington
District of Colombia
Lesa «Eps Texen
Money National Bank
T. A
Benk
Het Fog Maren
Fran
Clarence
Brufp
Cashier
Dar & B. Gelngre
Natary Public
Ckeree
Igar
Ivans
Bury
F. Normewt
Tirectare
Csondition
Merchants and Mechanics’ Savings Bank
Cotgenb
Capitol
Columbis
County of Washington
WM. C. Worthington
Richard A. Curtis
Edward P. Schwartz
Burns
Eldridgh E Jordan
M.G. McCormick
George H. Linkins
Swartzell, Rheem & Hensey Co
Waerner Building
Traders National Bank
Cor. 10Th St
Pa. Ave
Riggs
Ave
U.S. Treasury
Nited Copper Company
United Conpar Company
Eving
Caide
Faye
Stanley Gifford
macherSmorts
Fisk & Robinson Bankers
Cedar Street
Union Savin
BANK
Ath St