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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
May 02, 1908
Page
35
The list shows various bond issues and certificates across states and railroads. Highlights include Denver, Saint Louis, Missouri, Texas, and Mexican Central lines with a mix of 4s and 3s notes. Prices and maturities vary, with numerous rail and industrial issues noted alongside railroad consolidations and regional issuances.
Baltimore April 30 Flour firm and grain receipts listed with prices for wheat corn oats and rye. Market notes show steady to unchanged quotes across various grades including No 2 red wheat and Southern white corn, with receipts and exports minorly detailed.
Wholesale quotations indicate limited egg supply from nearby Virginia and surrounding states with steady demand. The report lists butter, cheese, meats, and a wide range of vegetables and fruits with specific prices and regional origin, reflecting a broad market snapshot from Washington and New York trading floors.
The New York cotton market edged higher today amid strong backing from large trade interests and anticipated demand from Livepool and Southern sources. Prices moved to top levels for the day, with a late surge on, covering as weather forecasts and Western belt conditions favored a further rise.
Oil quotations and credit balances are listed for the city and region with figures including shipments totals and average values. The readable text references daily data points such as runs and shipments, though parts appear garbled. no clear narrative or dates beyond April are provided.
The Washington Post reports signs of liquidation in New York stocks with persistent selling despite easier discounts in Paris and Berlin. Gold exports and limited export engagements, along with reduced trading volume, reflect a cautious market as major U.S. and European banks show mixed improvements and the Pennsylvanian Company earnings trend weighs on sentiment.
Traders labeled Great Northern activity weak while Northern Pacific rose after a sharp market shift. Rumors linked Harriman to major railroads, Southern Pacific and Union Pacific, with debates over dividend prospects at American Smelting and Refining. Westinghouse fell on reorganization doubt as St. Paul saw brief premium then supply relief.
On the exchange brisk activity in Washington Railway and Electric stock produced bids at 34 and a closing offer of 31 2, with a 5 000 dollar block trading at B L1 R. Voluntary withdrawal rules created uncertainty among new buyers and sellers, while large banks benefited from declines. Analysts expect prices to climb toward 85 as demand remains strong and liquidity supports gains. Rumors of a bank control change circulate, with a possible consummation soon.
Money on call easy at 1X2 percent with ruling 14: closing bids at 2% for 20 days. six months 3% and prime mercantile paper at 4 4% to 4% percent. Sterling exchange heavy. bankers’ bills at 4.6700 end 4.8450 for 60 day bills. Commercial bills 4.5%. Bar silver at 52%. Measured dollar 47. Government bonds steady. Railroad bonds irregular.
Washington cattle market figures outline varied prices per hundredweight for cattle hogs sheep and lambs. Details include per ewt rates for Estra butcher ordinary hogs and sheep with primes and common categories and calves and cows rates.
New York April 30 Wheat receipts 4,000 spot finer No 2 red 1.06% elevator No 2 red 108. Mix of futures shows higher late trading after global cues. Corn receipts 3,228 spot No 2 at 72% to arrive end May. oats receipts 21,500 steady with mixed white and yellow grades.
Chicago wheat closed strong with July futures gaining on cold West weather and export demand. Corn grain also firm amid mixed signals from Argentine export estimates, cash demand for corn rose, while oats remained steady. Hog and pork futures showed modest gains despite early day weakness as market sentiment shifted with new supply expectations and primary receipts noted.
Real estate deals include the transfer of square bounded by Seventeenth and Eighteenth streets to the United States for 200000 dollars. Washington University property near Massachusetts Avenue sold to the government for 209000. Other sales include a Thirteenth Street NW building for about 15000 to Thomas H Hall, a Nineteenth Street NW residence for 5000, and multiple new two story brick dwellings planned on Third Street NW and Marlboro Place. Plans by Melville D Menney and others feature Frank structures and a Baptist church project in Brunswick Maryland with colonial design and Flemish bond brickwork.
District Attorney Jerome faced hearing on the Nylic transaction linked to New York Life and Armstrong committee findings. He contends no grand jury action occurred and notes $1.04 million moves involving Kidder, Peabody, and Mexican gold bonds with Perkins as trustee. No criminal intent found for Mr. Perkins.
Howard Ogilvie once a University of Wisconsin student who eloped and died by his own hand last summer was sentenced to one year in the house of correction for passing bogus checks. He allegedly used false identities at several Western universities and within his fraternity before being arrested in Philadelphia as Sumner Osborne.
Special to The Washington Post in New York reports the stockholders of Equitable Trust Company and Mercantile Trust Company rejected the merger agreement. Directors set dividends at 9 percent for Equitable and 3 percent for Mercantile for the period covered by the pending litigation and prior regular rates.
New York stock market notes receipts for cattle calves sheep and hogs. Beef demand steady with exports 460 cattle and 2 500 quarters. Veals firm city dressed 3 to 10 cents. Lambs prices quoted with ranges. Chicago cattle receipts show a similar tone for the day.
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