Wall Street Bullish Amid Mixed Signals and Booming Industry
A Washington Post report from New York on May 14 notes stocks held firm as prices stayed high with few new purchases. Western speculators and banking interests propelled a buyback, while market equilibrium emerged despite uncertainty over further declines. Prospects point to easy money, looming dividends, and possible Great Northern and Northern Pacific stock actions.
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Washington Post
New York
Wall Street
Move Mart
Berne
Walk Street
James J. Hill
Great Northern Railway Company
Stastork
St Fa
Great Northern Railway
United States
General Railway
Great Northern
Northern Pacific
Chicago
Rail prospects and market outlook amid railroad and political pressures
In a mixed view, analysts see potential gains if Congress avoids harmful rail friendly measures while reform remains unlikely in the Senate. Investment demand lags though long term confidence may revive with improving business prospects. The Equitable scandal and railroad bond issuances weigh on securities, with future stringency and shifting policy likely as Russo-Japanese tensions and naval delays influence markets.
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Congress
House of Representatives
Senate
Equitable Life
Rerestvensky
Ant m Kellogg
Will Not Pay Stamp Tax Will Move to New Jersey
Albany May 14 The Municipal Stock Telegraph Company faces closing or relocation on June 3 due to a new stock transfer stamp tax. President John Mack says the firm, with twenty branch offices including Troy Schenectady Syracuse Rochester and Buffalo, handles about 10 000 transfers daily and would incur about 50000 yearly under the law. The company cannot compete with Boston firms or supply wires to upstate houses and employs forty telegraph operators at its Albany home office.
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New York
New Jersey
Sporial
Wackington Bort
Albany
Municipal Stock Telegraph Company
John Mack
Boston
Troy
Schenectady
Syracuse
Rochester
Buffalo
Hudson River
Printing investigation delays joint congressional inquiry
A delayed May one start for the joint committee probing government printing extravagance is noted with no explAnation. Chairman Senator Platt and Rep Lay dis of Indiana loom as key figures while sessions are planned in Washington amid hot weather.
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Joint Congressional Committee
Congress
Thomas C. Platt
Joint Investigation Committee
Senate
House
Charles B. Laydis
Indiana
Washington
Platt
Tobacco Prices Soar on Virginia North Carolina Markets
Tobacco trade on Virginia and North Carolina exchanges shows strong demand for sun cured stock with some packages fetching high prices and others dull for fillers. Market notes report high potential for new crop planting next week in Caroline and Louise counties amid a long season and heavy selling in Lynchburg and Danville. The piece also notes the death of Washington Duke, a key tobacco figure, and effect on local business closures in Durham.
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Virginia
North Carolina
Washington Post
Richmond
Allers
Sites Shelburne
Caroline
Louise Coun Hes
Danville
Ries
Surin
Bering
Lynchburg
Washington Stock Quotations From the Washington Exchange
The report lists bid quotations for Washington stocks and bonds including Washington Railway and Electric common at 36 percent and preferred at 23 percent, Metropolitan Railroad bonds and certificates, and various national and local issues. Notable entries include Capital Traction Railroad, United States Electric Light certificates, Potomac Telephone, and multiple bank and trust company stocks with prices and percentages.
MENTIONED IN THIS ARTICLE
Selar—Washington Railway and Electrode
Washington Railway and Electric
Rigad Fira Insurance
Morganthaler Lonotype
Baturda
District
Columbia Railroad
City and Suburban Railroad Bs
Anacoeta and Potomec Gs
Washington Railway and Electro 4x
Miscellaneoua Bonde
Washington Gas Company Ga
Serica A
Washington Gas Company
Martes
Washington Gas Company Certic
Indebtednesaga
United States
Chenapake and Potomac Telephone
Washington Market Company
Potomas Electric
Safe Deposit and Trust
Washington Loan and Trust
American Security and Trust
Washington Gass Deposit
Union Tram Company
Washington Savings Bank
Home Savings Bank
Capital Traction
National Bank atoeke—Commercial
Bank of Washington
Metropolitan
Itizens
Central
Farraora
Meckasick
Hocond
Columbia
Capital
American
Traders
Litcoln
Riggs
Franklin
Korcoran
Poteman
Arlington
Tio
Gecrgptown Ns
Mergenthalar Linotype
Lanstot Monotype
Greene Consolidated Copper
Washington Market
Norfolk
Washington Steamboat
Realty Appravaal and Agency Company
New York Grain Market Report May 13
Wheat futures rallied on Western gains and weather news with spot prices firm for No 2 red and No 1 Northern Manitoba. Corn and oats showed steady to quiet activity as markets reflected demand and supply signals for U S grain destinations.
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New York
Buffalo
Duluth
Lom
Bard Manitoba
Eleadier
Beplamboy
Live Stock Markets Reported From New York
New York May 18 reeling and ready prices per pound for beef and mutton remain steady. Exports noted at 679 bajons 45 shetp and 6 160 quarters of beef. Calves receipts around 170 trade steady with weights at 4000. Sheep and lambs receipts 1 269 sheep and lambs. lambs about 300 higher with woolly prices at 4 76 per 100 pounds. General market tone steady with cites to sales and local demand. Bucklen s Armica Balve noted for pain relief.
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New York
Ieee
Cattle and Hogs Steady as Market Report From Chicago May 14
Hogs receipts 9,238 steady. Cattle receipts 400 steady market good to prime steers 56 6 TG, stockers and feeders 915 E25, cows 300 526, calves 3 00p6.75. Hogs receipts 20,000 market 10 150 lower. Sheep receipts 4,000 market steady good to choice wethers shorn 4.76 5 3s. New York cotton market opens firm with May 18 note. quotes show opening strength amid better cables and near month support. Port receipts estimated 28,000. New Orleans 3251 bales. Houston 4,188 bales.
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Chicago
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Mock Exchange
Chicago Board of ‘Trade
Eptember
New York
Wall Street
Onwaring
Port Rocatota
New Orleans
Houston
New York Produce Prices Mixed Across Commodities
A New York market summary lists butter, flour, oats, and other staples with varied price movements. Several items show firm or unchanged quotes, while others edge higher or lower, reflecting market demand and regional production.
Baltimore Markets Report From May Trade Day
Baltimore markets show dull to steady tone across commodities. Wheat and corn futures hold steady with spot activity described, while butter eggs cheese and meat products report little change amidst mixed receipts and exports.
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Baltimore
Red Western
Southern
Mets
Local Butter and Eggs Market Report Briefly Steady
Receipts for eggs remain about equal to demand with prices unchanged for nearby and western markets. Butter quotes show no overall change though supply is tight as a Western shipment did not arrive. Creamery fancy at 25, Western seconds 25, dairy choice 16, and trash 15 in cents per pound.
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Ganthera
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