Broad Rise in Stocks and Better Feelings in Europe
New York May 13 On the face of things there was an entire disappearance in stock impulses toward liquidation. First prices were higher than Tuesday’s close and did not fall to the prior session’s low. The mood improved from cheer on foreign exchanges, aided by bank money and easing pressure on London consols. Banks held large sums, while notable gains appeared in Kaffu and other major issues amid cautious optimism about further money flows and gold movements abroad.
MENTIONED IN THIS ARTICLE
Washington Post
New York
London
Bank of
Bank of Laglanis Rit
Lnon Lacie
Las Booy Mika
Hermac
Paris
Aloo
Europe
Germany
Raiway
Washington
Inslica
Capitel
Congress
Washington Railway and Electric Common
Northern Pacific
Union Pacific
Union Pacific Railroad
Great Northern
Southern Pacific Preferred
Southern Pacifics
New York Money Market and Listed Prices Report
The New York money market shows 14 percent rulings and 1 percent closing bids and offers, with time loans across sixty and ninety days and six months at varying percentages. It lists demand and time deposits, government notes, and a long roster of securities and corporate names with closing prices and recent activity.
MENTIONED IN THIS ARTICLE
New York
Liles
New York Stock Market Gains Amid Cautious Optimism May 13 1908
The May 13 1908 New York Stock Market report notes cautious optimism as prices trend higher for several issues. Capital Traction soars to around 125 1 2 bid with strong buying, Washington Railway and Electric shows no trades, and National City Bank sees bids rising though deal rumors swirl. Notable moves include Greene Cananea and Lanston Monotype trading, with mixed activity across Commercial National and American National.
MENTIONED IN THIS ARTICLE
Lanston Monotype
Greene Cananea
New York
Cal
Washington
Allis Chaimera
American Steel Foundry
Adams Express
American Tobacco
Heston Copper
Butte Coston
Sona
New York Bond Market Update From Day Ahead Trading
In New York the bond market tracked a mixed session with yields drifting on the day and investors awaiting auction results. Traders noted modest demand at the long end while shorter maturities remained steady amid cautious sentiment.
Washington Produce Market Prices Report Wide Varied Quotations
The Washington market shows tighter supply and mixed quotes across dairy, poultry, vegetables, fruits, and grains. Butter creamery and cheese firm, live poultry quiet with varied per pound rates, and vegetables with broad availability and fluctuating prices. Fruit lines list apples, oranges, cranberries, and berries with regional price spreads, while London market shifts influence metals and grain futures.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
North Carolina
Iowa
Baldwins
Florida
California
Chicago Grain May 14 Market Summary For Wheat and Corn
Chicago May grain notes show wheat futures easing after early strength as favorable weather for the vast winter and spring wheat areas dampened bullish corn talk. July wheat opened steady then dipped. corn saw gains on a May delivery rally, with futures closing varied and oats and provisions mostly unchanged or weaker amid ample receipts and abundant flour-stock concerns.
MENTIONED IN THIS ARTICLE
Chicago
America
Canada
Minneapolis
Duluth
Ig Mae
She Clone
ATP
FORE
Bard Duly Care
Bae Ash Bate
New York Cotton Market Ends Higher Amid July Rally
In New York May cotton trading, July contracts led gains with prices 1 to 4 points higher on firm cables and English spot sales, but later eased from highs amid profit taking by longs. Open steady, late session saw nervous July activity. market closed off highs with May at 98 lines and October around 90. The daily weather map showed heavy precipitation in central and western regions and some bull support from late buyers.
MENTIONED IN THIS ARTICLE
New York
Ana Aame
Reditzing
Wall Street
Senten
Washington cattle market report overview
Cattle and hog prices listed by weight and grade at Washington market. Cattle extents and butcher values noted, hog prices shown as green and ordinary, sheep and lamb values given for clipped and common grades, with per pound figures for spring and prime veal. Vegetables priced per pound in care of local market notes include several odd entries and fragmented figures.
Wall Street Gossip on Union Pacific Train of Rumors
New York investors weigh Union Pacific plan delays and underwriting by Rothschilds. Traders note the same syndicate may back Western bonds, while Harriman signals cash needs and dividends at Union Pacific and Southern Pacific. Rumors swirl about Delaware and Hudson and Chesapeake and Ohio transfers, with Southern Pacific stock surging on talks of future issues. Amalgamated Copper and American Smelting edge higher but stall.
MENTIONED IN THIS ARTICLE
Amalgamated Copper and
American Smelting and Refining
Poultry and grain markets show mixed activity and steady prices
Market notes from New York May 13 report poultry and cheese prices steady with receipts and exports listed. Grain futures for wheat corn and oats move within narrow ranges amid weather and crop rumors. hogs and pork steady as refined sugar and cottons hold firm.
MENTIONED IN THIS ARTICLE
Wee York
Stesan ‘Grners Tuckers Apt
Pennsylvania
Santos
Cordova
Southern
Japanese financier visit explained by former minister in Washington
Baron Sakatani, ex-finance minister of Japan, states he is in the United States to renew acquaintances with friends, not to negotiate a loan. He says Japan is not in financial trouble and discusses 100 million yen government bonds due in December and a refunding plan offering cash or new bonds with a small bonus.
MENTIONED IN THIS ARTICLE
Japan
Baron Sakatani
Washington
United States
Mesars Harriman
Sakatani
Ministry of Finance
Matsuda
Europe
Baron Takahira
Baron Sakahira
Baron Sakatan
Lawson Runs Bay State Gas Directors Elected
A special meeting of Bay State Gas Company stockholders held today in Wilmington Del confirmed Thomas W Lawson as temporary chairman. Directors chosen include Lawson and A McSweeney of Boston J Frank Allee John Abbott Newell Ball James W McCommons of Delaware and W Harry Miller of Philadelphia. Lawson elected president Allee vice president and Miller secretary and treasurer.
MENTIONED IN THIS ARTICLE
Wilmingto del Way
Thomas W Tawenn
Boston
Bay State Gag Company
Edward Addicks
Mr Lawson
Chai Man
Thomas W Lawson
A McSweeney
Frank Allee
John Abbott Newell Ball
James W McCommons
Delaware
W Harry Miller
Philadelphia
Lawson
Allee
W H. Miller
Harriman deflects $25 million query at Union Pacific plan talk
A New York press report cites E H Harriman responding to questions about issuing in bonds from the $100,000,000 authorization. He Downplayed need for funds and asked what $25,000,000 means to the Union Pacific, noting offering timing depends on market conditions while confirming the usual dividend. The article also covers livestock market notes from New York and Chicago with cattle, hog, and sheep receipts and price trends.
MENTIONED IN THIS ARTICLE
New York
Union Pacific
Harriman
Rival rail interests push to control Georges Creek line
The Washington Post report details a power struggle among May 18 as the Pennsylvania Bulmore and China and Vanderbilt interests clash with the Goulds to seize control of the Georges Creek and Cumberland Railroad to gain a route to the Atlantic seaboard. Mercantile Trust of New York has secured a court order to sell 1999% shares, prompting Vanderbilts and Pennsylvania groups to bid against Wabash. If Wabash loses, the line could block the seaboard access for years.
MENTIONED IN THIS ARTICLE
Washington Post
China
Vanderbil
Gould
Horm
Contro
Georges Creek
Cumberland
Mercantile Truat Company of
New York
Col J . Shoonmaker
Baltimore and Ohio
Penns
Ivania
Cumberland Bay
Pittsburg
Atlantic Seaboard
Mercantile Trust Company
Waryland Rai Toroad
Cusiberlind
Georges Creek and
Cumberland Railroad
Vanderbilts Pennsylvania
Baltimore and Onty
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Marker Sang
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7Th and
Mass. Ave
N. W
7Th & Hsts
N. E
7Th St
5. W
US Treasury
Letters of Credit Issued Exchange
Bonda
Riggs
Pa Ave
U. S.treasury
Allen C. Clark Real Estate
F Street
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Washington Railway & Electric Co
W. B. Hibbs & CO
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York Stock Exchange
Shongtan Stock Frehange
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Corloth
New York Ave
S. H. Clarke
Member
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G St
Ouray Bidg
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Swartzell. Rheem G Hensey Co
TY Asth Street
Thomas L. Hume
St. XN. W
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Huilder
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G Street
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MG Hetreat