Market Dull But Not Weak Amid Broad Stock Decline
Reading the feature notes irregular stock movement with a downward trend in prices while the general market stays robust. It cites faltering sentiment on Wall Street, rising skepticism, and limited gains in a few issues like Reading and United Robber, with attention to freight rates and Pacific railroads affecting confidence.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Wall Street
Yepexa
Sunv Frocommun
Colorado
Tron
New York Bond Market Report May 7
Money on call easy at 1 percent with the ruling rate at 1 percent. Loans and bills show modest activity with six months at 3 percent. Sterling exchange steady around 4.87 and 4.8705 for demand and 4.8479 for two day bills. Government bonds steady while Hallony bonds are mentioned.
MENTIONED IN THIS ARTICLE
New York
Market Report Highlights Stable Grain and Dairy Prices
The Baltimore curb market shows steady bids for corn and rye with mixed receipts and firm respective notes. Sugar and dairy items like butter and cheese display little change amid cautious trading. hay and wheat futures reflect modest activity as buyers await further market cues.
Market Notes from Boston and London May 7
Prices in London eased with spot at £1 8s 9d and futures at £9 8s. Markets showed general softness across metals and chemicals. United States firms list includes American Woolen, Boston firms, and several utilities amid mixed stock quotes.
Washington Cattle Market Report May 7 Prices
Ot City Pennsylvania and Toledo Ohio publish cattle and hog prices with shifts in weights and categories. Cattle extras, hogs at per hundredweight and per head values, sheep, lambs, and cows include prime and common tiers with varied quotations across markets.
Wall Street Gossip on Reading and Short Interest
Special to The Washington Fest reports on Reading stock movement and short interest dynamics. Bulls and bears clash as expectations of good news influence prices while undercurrents of possible broker collusion and bond underwriting effects ripple through the market.
MENTIONED IN THIS ARTICLE
New York
Reading
Union
Southern Pacific
Waten Pacific
Local Financial Market Mixed Demand and Lenders Don’t Utter
Local financial report shows several lenders did not bid despite good demand for most items. Capital Traction advanced to 122 3 4, with about 10 shares wanted. United States Trust traded at 80 for two fractional lots. Bell Telephone of Pennsylvania sold at 95 as talks continued on Keystone Telephone conduits and Philadelphia control that could benefit Bell if negotiated.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric
Bank Ust
United States Trust
Morganthaler
Bell Telephone of
Pennsylvania
Keystone Telephone
Philadelphia
Bell Company
Washington Virginia Virginia Stock and Poultry Prices Report
Market report from Washington and New York shows wholesale price movements across poultry, meats, dairy and produce. Cornmeal flour potatoes and vegetables list steady to firm with varied receipts and regional prices noted for butter cheese eggs pork and canned goods.
Wheat and Corn Prices Narrow on Forecast Crop Report
Wheat futures rose as traders awaited tomorrow's government crop report amid cautious activity and short-covering. Corn futures hit new highs on demand from shorts with May and July deliveries firming, while receipts and spot values for rye oats and other grains showed mixed firmness and steady to firm cash markets.
MENTIONED IN THIS ARTICLE
Baltimore
Souhern
Septembet
New York Cotton Market Shifts Through Sharp Day for May
The New York cotton market opened with a sharp early decline, then sharply recovered to new high levels for May. Trading showed active selling and covering near day’s end, with rumors of private settlements and stronger Southern demand influencing prices. Analysts noted English and Liverpool sentiment and debate over client adjustments ahead of next week’s Manchester talks.
MENTIONED IN THIS ARTICLE
Loca Bears
Sonhera
Mackels
Wall Street
Lavarpool
Manchester
Lmer
Telerutry
Rae
Live Stock Markets May 7 Summary of Receipts and Prices
Chicago cattle receipts about 7,300 with market steady and steers 5.00 to 7.59, cows 2.79 to 4.95, calves 2.80 to 6.25, stockers 2.25 to 6.75. Hogs receipts about 16,090 with prices 5.00 to 5.08 for mixed classes. sheep receipts about 17,000 with lambs 6.00 to 7.65 and yearlings 3.50 to 6.35, heeling steady. Maryland and London markets show mixed leather and lamb prices, and exports today include 43 leeven cattle, 79 sheep, and 3,404 quarters of beef.
MENTIONED IN THIS ARTICLE
Bosten
Zgisaing Pris Tees Dortan
Alban
Boston
Malie Heston
Mebburg
Newark
New Hi
Union Pacific
American Tel
Tel American Woulen
Aimerican Woolen
Rominion Iron
Steel Eisen Electric Tiluminating
Usneral
Massachusetts
Massachusetts Electric
New York
London
Opwer
Magsachusetta Gas
Searkel
Slimard
United Frakes and
Anal Cieveland
Warranea
Faundry Northern
United Shoe Machine
Southern
Borth Butte
Atlante Cess
Bingham
Shannon
Utah
London Cables
Lmasra
Maryland
Chicago
Autehera
Woman Sues Railway Company Over 10000 Damages
Ethel Jenkins filed a suit in the District Supreme Court on Wednesday against the City and Suburban Railroad Company to recover 10000 dollars for injuries from a fall from a company car on November 10 at North Capitol and P streets northwest.
MENTIONED IN THIS ARTICLE
Ethel Jenkins
District Supreme Court
City and Suburban Railroad Company
North Capitol
P Streets
Playgrounds fund notes small gifts total listed
The finance committee of the Washington Playground Association acknowledges contributions from Cora Berliner five dollars Alphonse M Baler two dollars Elizabeth B Bliss three dollars W R Tuckerman eight five dollars W M Hays two dollars H K Fulton five dollars Livia V Baker and Robert H Gunnell one dollar.
MENTIONED IN THIS ARTICLE
The
Washington Playground Association
Cora. Berliner
Alphonse M. Baler
Elizabeth B. Bliss
W. R. Tuckerman
W. M. Hays
H. K. Fulton
Livia V. Baker
Robert H Gunnell
Asquith Budget Proposes Universal Pensions and Sugar Cut
Prime Minister Asquith presents Britain's 1908-09 budget proposing universal old age pensions of 1.25 a week for those over seventy with incomes under 190 annually, costing 30 million yearly. He also outslines debt reductions and lowers sugar duty from 2d to 1s 6d per cwt, effective May 18 raw and refined sugar and July 4 for sugar-based products. The Commons backs a move to end colonial licensing as per resolution.
MENTIONED IN THIS ARTICLE
London
Premer Asquith
House of Commodiia
Britain
Great Britain
Asquith
National Treasury
Cha
Ces LD
House of Commons
Hongkong
Straits Settlements
Ceylon
J. B. B. Seeley
Parcels Post Indorsed at New Willard Meeting
A Tuesday night gathering at the New Willard, led by Postal Progress League, urged parcels post for rural routes, third and fourth class mail consolidation, and postal savings banks. Speakers included George M. Whitaker, Head, Mead, Gill, Patterson, Tazelaar, Small, Hous to, and Cowles. Letters of support came from Gov. Stower of Florida and Gov. Willson of Kentucky. The group aims to educate and press Congress for required legislation.
MENTIONED IN THIS ARTICLE
New Willard
Postal Progress League
Postel Savings Banks
George M. Whitaker
League
Head
Scientific American
Mr. Mead
New York Merchants’ Association
W. F. Gill
Grange
Pennsylvania
J.J. Patterson
Grange of
Maryland
J. Tazclaar
American Federation of Labor
Small
Stower
Florida
Willson
Kentucky
June Wannamaker
Congress
Talk Higher Freight Rates
East of the Mississippi railway leaders meet at Trunk Line Association to discuss a general freight rate rise. Current scale from New York to Chicago ranges 75 to 25 cents per hundredweight across six classes. No decision today, but a preferred plan would set a maximum of 5 cents and a minimum of 27 cents. Final reports expected July 1. changes unlikely before November 4. Attendees include Harriman, McCrae, Newman, Underwood, Mungay, and Thomas.
MENTIONED IN THIS ARTICLE
New York
Mississippi River
Trunk Line Associaton
Chicago
Stade
Lkely
HK. Harriman
McCra
Pennsylvania Railroad
Newman
Vanderbilt Lines
Underwood
Erie
Mungay
Baltimore and Ohl
Thomas
Lehigh Valley
Chinese boycott fading despite Japanese tensions
In Shanghai on May 7 the Chinese boycott of Japanese goods tied to the Watsu Maru case appears to be dying out as viceroys at Tianjin and Nanking blocked its expansion. Cantonese merchants in Tianjin Shanghai and Yankow were kept from joining, reflecting pressure from Japan. Society groups formed to support the movement, including a Society of National Disgrace and a women's organization.
MENTIONED IN THIS ARTICLE
Shanghai
Ten Tsin
Nanking
Tien Tsin
Yankow
China
Gney
Beall Sues United States Trust for 10000
Reginald W. Beall vice president of Moore & Hill filed suit in the District Supreme Court against United States Trust Company to recover 10000. He claims 99375 for procuring 750000 subscriptions to the trust’s capital stock and 690 for services as VP from March to August 1907 plus 5 for aliening directors meetings. April fire losses totaled 11315 with 86450 insurance and 103 alarms. 90 fires occurred, 43 brick and 23 frame structures affected. Goble Estate Leaves All to Daughter Flora Irene Goble, probate filed. Mary G. Goble died April 18.
MENTIONED IN THIS ARTICLE
Reginald W. Beall
WU. S. Trust Company
Moore & Hill, Incorporated
District Supreme Court
United States Trust Company
Beall
Trust Company
Goble
Mary G. Goble
Flora’ Irene Goble
C Street
Lands Fraud Trial Details Benson Scheme Aboard Judge Portico
District Attorney presented testimony in the Hyde Benson Dimond Schneider land fraud case detailing how John A. Benson allegedly used relatives to secure school lands. Marcus Hart testified he moved relatives to sign applications for Benson’s benefit and profited from the scheme. Joseph Weinberger claimed he was told lands were bought to speculate and that he would gain, though he got no money. Hart identified Benson as a surveyor and noted large purchases, while other key witnesses and relatives were set to corroborate testimony.
MENTIONED IN THIS ARTICLE
Waxcer
Hyde- Benson-Dimond-Schneider
John A. Benson
Marcus Hart
San Francisco
Hart
Benson
Henson
Tltaself
Joseph Weinberger
WK. Slack
Frederick A. Hyde
Schneider
Hyde
Tucson
Jona
Clyde
Nellie J. Dutton
Annie A Dutton
George de Lury
Sister Plea Persuades Judge to Suspend Sentence
A sister's plea for mercy led Judge Barnard in Criminal Court No 2 to suspend the sentences of Otto Vanderheydt and Frank H. Wasson, who pleaded guilty to forging a $4 check at Parker, Bridget & Co. Their plan to pass the check failed after they entered pleas and were arrested following shop purchases.
MENTIONED IN THIS ARTICLE
Barnard
Tey
Parker, Bridget & Co
Otto Vanderheydt
Frank HL. Wasson
Washington
Vanderheydt
Grace Patterson
Maidana Reques
Three Young Thieves Sent to Workhouse After Break-In
Judge Barnard found Charles Carlisle Edward Hage and William Karst youthful offenders who broke into Mrs. Mary Gallagher's Georgetown store on April 8. The three, from different states, begged for release but were sent to the workhouse for three months as a lesson. They claimed to be anxious to work and had traveled about 190 miles to reach town.
Conductor Gets 15 Days In Jail For Ticket Theft
John Roxerton once a conductor for Washington Railway and Electric was arraigned before Judge Kimball and pled guilty receiving fifteen days. Several other prosecutions were dropped for lack of evidence. Rupert V Wilson waived extradition after detectives arrested him for attempting to defraud Atlantic Coast Line Railroad in New York. Maggie L Trammell was granted an absolute divorce from John H Trammell by Justice Gould in the District Supreme Court.
MENTIONED IN THIS ARTICLE
John &. Roxerton
Washington Railway and Electric Company
Kimball
Wilson
Rupert V. Wilson
Mullen
Warren
New York City
Marshall Robinson
Wilkerson
New York
Atlantic Coast Line Railroad Company
Maggie L. Trammell
John H. Trammell
Gould
District Supreme Court
Trammell
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Te Ith Street
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