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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

May 15, 1905

Page

9

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Ganthera

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