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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
May 25, 1907
Page
6
Trade reports show a slight overall improvement as higher temperatures aid crops, with Western regions leading gains in buying and sentiment. Eastern markets lag, retail demand for cotton goods remains mid to slow, while raw materials push up prices. steel rails and farm implements see steady demand as iron markets firm.
The London metal market saw slight gains in futures at £167 while spot prices fluctuated and local activity remained quiet with modest price shifts. Local stocks were steady to lower with supplies ample, and several entries list prices for foundry, butcher, and general metals, reflecting a soft overall market and muted demand.
Live stock markets show mixed prices with cattle dull on fat cows and common grades while lambs and hogs command steady to strong quotes. Receipts reach thousands with cattle around 2,305 plus multiples, sheep around 5,203 head, hogs near 27,900 head as markets hold to firm or higher tones in places.
The Washington Stock Exchange reports regular sales with bids and asks across gas, railroad, and utility issues. Notable entries include Washington Gas certificates at 102 percent and large blocks for Capital Traction and Washington Railway and Electric, with varied prices and yields among government and municipal bonds and mining stocks.
New Orleans May 24 Secretary Hester reports the world visible cotton supply at 4,394,223 bales, down from 4,490,329 last week and 3,946,018 a year ago. American cotton totals 2,932,233 bales, with other kinds at 1,442,000. In Britain and Europe 2,862,000 bales are afloat or held, Egypt has 124,000, India 805,000, and the United States 803,090 bales.
New York produce quotes show steady to unchanged demand across items. Cheese and fats hold firm with mixed extras and steady refined products. coffee, peanuts, and potatoes show stable pricing. freight to Liverpool remains steady, while cabbage supplies ease slightly in late May market notes.
Local trading held steady with Washington Gas 49 of 1927 below par, inviting investor interest as bonds stay solid. Washington Railway and Electric preferred opened on a 60 day option, trading near 78, while gas shares fluctuated between 4 and 63 with notable large sales shaping the day.
J. O. Whitford was elected to membership on the Chicago exchange at a special governing committee meeting, taking the seat of David Greenlees who had long served on the board. Other seats are reportedly available but not at a price below the last transfer. Furnished by W. B. Hibba & Co., brokers and bankers.
Egg receipts tighten while market remains firm with quotes for nearby Virginia West Virginia and Tennessee regions. Butter and cheese show price gains with modest supplies. live poultry demand steady to light and mixed with various grades and weights, including turkey and capon listings.
Reports from Argentina say favorable wheat conditions persist amid liberal port arrivals. In Romania scattered rains barely affect crops, with 40 to 69 percent lost and remaining crops in danger. Spring sowing also suffers. France buys near cargoes for consumption. The U S government bought 199000 ounces of silver for Philadelphia Mint at 67.446 cents per ounce.
The Interstate Commerce Commission continued its Middle West rate hearing on petrol eum and products. National Petroleum Association accused carriers of bias. railroad rate experts testified that all shippers, including Standard Oil, faced uniform rates for car load and less than car load shipments, with testimony largely technical.
Naval Constructor Frank B. Zahm of the U S N has purchased from Waddy B. Wood the English basement residence at 2023 Connecticut avenue Washington Heights. The four story, fourteen room, three bath house fronts Connecticut avenue and cost about 20000 dollars. Zahm will occupy next fall. W H Walker arranged the sale and Wood plans a new home of his own.
National statistical abstract from the Department of Commerce and Labor outlines dramatic gains in area, population, wealth, bank deposits, and production from 1800 to 1906. It details population density, per capita wealth, savings deposits rising to 28.25 billion in 1905, imports and exports, cotton and sugar output, and manufacturing value climbing to about 15 billion in 1905.
A jury filed its verdict with Justice Barnard on the alley opening in block 42 Columbia Heights between Thirteenth and Fourteenth streets and Fairmont and Girard streets. Damages were assessed at 3670.75 dollars while benefits were put at 3845.64 dollars. The jury comprised Thomas J. Stephenson chairman Thomas M. Harvey secretary Ralph L. Galt Samuel W. Benemicts and William F. Turner.
Samuel Petrallo an Italian barber recently convicted by a jury in Criminal Court No 1 for an attempted assault on Mrs Mary A Fox on June 21 2006 was sentenced by Justice Stafford to five years in Mountasville Penitentiary. The insanity defense was raised at the trial which lasted several days. James S Basby-Smith defended Petrallo and has appealed to the Court of Appeals.
Haymond Blanton sues the Washington Railway and Electric Company in District Supreme Court seeking 20000 for injuries to his wife Olivia R. Blanton. He alleges the accident near Stanton Square on March 7 1905 caused permanent harm and separation distress after she was dragged by a street car while boarding. She is reported to be in a sanitarium.
Dr Edward Leon Thompson known as Dr Leon was sentenced to two years in the Moundsville penitentiary by Justice Barnard in Criminal Court No. 1 for an unlawful operation performed on Sadie Wolk on October 5, 1966. Bond set at 2000 and he posted with Samuel H. Walker as surety. an appeal to the Court of Appeals is anticipated. Assistant DA Stuart McNamara says several indictments await trial before the spring term ends.
John Hayes wills dated November 13 1902 filed for probate by Catherine Flayes his wife receives all personal estate and a life interest in four Grant avenue houses 709 717 719 721 In NW street 456 and 458 N Street NW go to children John J Stafford and William H Stafford Upon wife’s death the Grant avenue houses are to be sold proceeds shared after $100 gifts to Rev F S Ryan and the Little Sisters of the Poor are paid and other bequests made to the Church of Immaculate Conception motion note states probate filing yesterday
Harvey A. Smith colored received six years hard labor in the penitentiary for housebreaking in Criminal Court No 1. Judge Stafford presided after a jury convicted him for breaking into the Le Grand and Florence apartment houses. Police call him one of the Districts worst youthful criminals with a long record from reform school to Moundsville Penitentiary. Samuel J Clarke indicted for non support was ordered to pay seven dollars weekly for his wife and children after release on bond.
Court of Appeals and Supreme Court in the District of Columbia adjourned daily. Equity Court No 1 and No 8 list numerous cases with leave to extend loans and substitutions of trustees, receiverships, dismissals, and appointments. Circuit Court No 3 and Circuit Court No 2 entries include mistrials, judgments, condemnations, and motion rulings. Criminal Court No 1 notes United States v Smith.
A long legal docket lists sentences for housebreaking and assault with intent to commit robbery, with terms ranging from five to six years in penitentiary and notes on appeals. The document also covers numerous probate matters, guardianships, administrations, and trusts in district and bankruptcy courts, naming estates, bonds, attorneys, and property transactions across Washington.
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