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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

May 14, 1908

Page

25

Broad Rise in Stocks and Europe Cheer as Funds Build

New York May 13 The stock market showed a broad rise with early gains and no intraday dip to the prior session lows. Optimism spread from abroad as London and Paris saw firmer rates, aided by rising bank deposits and easing pressure on consols. News of lower European rates and expected outward gold shipments tempered strength, while traders weighed pending railway bond sales abroad and potential shifts in money flow.

Washington Post New York London Bank of Bank of Laglanis Rit Lnon Lacie Las Booy Mika Hermac Paris Aloo Europe Germany Raiway Northern Pacific Union Pacific Union Pacific Railroad Great Northern Southern Pacific Preferred Southern Pacifics

New York Money Market and Banking Rates Snapshot

Financial shorthand records show New York money market rates with 1% closing bids and 14% offered, 60 day loans at 3%, 90 days at 7%, and six months at 4% for prime mercantile paper. Notes mention government holdings steady, railroad stocks strong in Boston, and several corporate names with prices and balances listed.

New York Liles

New York Stock Market Weighs Options and Copper Rally May 13 1908

The May 13 1908 New York market shows mixed signals with higher prices expected. Capital Traction surged though U S Steel remained unrated. National City Bank bids pushed to 185, while Greene Cananea advanced on copper movement. Washington Railway and Electric traded lightly and several banks and trusts posted gains or held steady.

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 Stirs Investor Interest

A brief note from New York markets indicates rising activity in a4 p1y pay pay wm 155 ater day 5, with traders watching yields and liquidity shifts as bonds trade amid uncertain conditions.

Washington Produce Market Daily Prices and Commodities

Market report lists butter cheese poultry and eggs with varied regional quotes. Grain metals and produce values shown for Virginia West Virginia North Carolina Iowa and Maryland with shortages and price shifts noted. Sugar and coffee markets appear elsewhere with labor and export context.

Chicago Grain Market Mixed as Weather Boosts Corn Prospects

Chicago May reports show wheat futures softening on favorable U S and Canadian weather with talk of mill shutdowns dampening demand while May corn rallies on stronger export expectations. oats and provisions stay steady to easy as rainfall lifts crop outlook and supplies rise at Western packing centers. Local receipts and deliveries for wheat, corn, oats, and hogs are noted with mixed activity and margins narrowing.

Chicago America Canada Minneapolis Duluth Ig Mae She Clone ATP FORE Bard Duly Care Bae Ash Bate

New York Cotton Market Mixed in May Openings and July Rally

New York cotton futures rose modestly as July contracts saw gains amid firm cables and English spot sales before retreating from peaks. Midday activity showed profit taking by longs, with July slipping from highs before late-session bull support lifted it. Weather maps indicated heavy precipitation in parts of the central and western regions, while report details underlined a generally unsettled trading day with May and other positions posting varied moves.

New York Ana Aame Reditzing Wall Street Senten

Washington cattle market report and hogs prices

Cattle market figures show per hundredweight rates for steers and cows with varying grades. Hog prices list green and ordinary per ewt, and sheep and lamb values include clipped and common grades. Calves and veal figures appear with per pound pricing and mixed descriptors in a compact market roundup.

Wall Street Gossip on Union Pacific and Railroads

In New York May 12 traders discuss that Union Pacific plans are delayed and Rothschilds not underwriting. Speculation centers on whether foreign bankers will join Pennsylvania bonds, with market opinions divided on impact. Harriman comments on capital needs, dividends stay steady, and rail stocks show mixed moves including a surge in Southern Pacific preferred.

Apeelal Washington New York Union Pacific Financial Rothschilds Union Pacific Pennsylvania Great Eastern Railroad Harriman Union Pacifics Financial Affairs

Market Notes From New York and Wheat Prices Edge Lower

The report covers mixed commodity prices with poultry and cheese markets steady or firmer in places, and grains trading in New York May 13. Wheat receipts reached 87,070 bushels with exports of 19,949 and spot prices around No 2 red at 103, with declines amid weather that dampened Northwest milling demand. Corn and oats showed steadier receipts and mixed futures, while fats, oils, and sugars held varied steady to firm levels in an otherwise cautious trading day.

Virginia West Virginia Southwest Virginia North Carolina Iowa Baldwins Florida California New York London Twcedy Spelter Trent Cleveland Northern Bsitimors Wee York Stesan ‘Grners Tuckers Apt Pennsylvania Santos Cordova Southern Duluth Milla Tt Bueves Cablea Liverpool Dresed Maryland Chicago

Japanese Finance Expert Visits United States Clarifies Loan Theories

Baron Sakatani former Japanese finance minister in Washington explains Japan’s finances to reporters and financiers denying plans for a loan negotiation. He says his New York meetings with Harriman Schiff and others were personal and to renew acquaintances. He outlines redeeming gold yen bonds due December and a new refunding plan while noting Japan faces no financial crisis.

Japan Baron Sakatani Washington United States Mesars Harriman Sakatani Ministry of Finance Matsuda Europe Baron Takahira Baron Sakahira Baron Sakatan

Lawson Heads New Bay State Gas Company Directors

A special meeting of Bay State Gas stockholders was held to elect directors and officers. Thomas W Lawson was chosen temporary chairman and later president. Edward Addicks was absent. Directors include Lawson, A McSweeney, J Frank Allee, John Abbott Newell Ball, James W McCommons, and W Harry Miller. Allee named vice president, Miller secretary and treasurer.

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 questions $25 million Union Pacific financing plan

New York May 13 Union Pacific directors met and E H Harriman faced queries on issuing part of the $100 million authorized bonds. He said the company does not need money and questioned the significance of the $25,000,000 figure, noting the timing of offering will depend on market conditions while the usual dividend is maintained.

Marker Sang Hk Island Reys New York Union Pacific Harriman

Rival rail interests vie for Georges Creek line control

Special reports a bidding battle among the May 18 rivals, led by the Vanderbilt and Pennsylvania interests against the Goulds, to acquire control of the Georges Creek and Cumberland Railroad via the Mercantile Trust sale. Wabash access to the Atlantic seaboard hinges on winning the stock, with New York negotiations underway.

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

Also Mentioned on This Page

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