This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
May 29, 1908
Page
25
Markets faced a sharp drop as Gould stock and other rails weakened while Missouri Pacific showed pressure. Bank of England rate cuts aided some gains, but overall sentiment remained cautious with earnings reports and Treasury movements in focus.
The piece analyzes the Wabash Pittsburgh terminal reorganization and its implications for overcapitalized rail lines. It notes investor skepticism, notes on note maturities, and the broader impact on Gould properties while touching on stock movements and earnings signals across Northern Pacific Southern Railway Union Pacific and Western Union.
A garbled historic stock note from the Washington and New York exchanges lists Guataliana securities, Washington Railway and Wieckle, and Washington Railway and Electric with mixed bid and offer prices, volumes, and percentages. The fragment mentions Thomas L. Hume & Co, brokers, and references to May 8 with ex rights and offers received by W J Hibbs & Co.
May 23 1908 New York bond market reports mixed quotations across government and railroad bonds. Treasury and national bank note holdings shown, with gold and silver coin stocks, and current cash and balance figures. Market activity described as steady, with money on call at 3 to 3 1/2 percent and prime mercantile paper around 3 percent.
The New York market reports mixed movements for poultry, cheese, flour, beef, and transport fuels with steady to soft trends. Wheat and corn futures fluctuated, reflecting Northwest receipts and liquidation, while spot markets showed slight gains in some grains and subdued activity in fats and oils.
New York May 8 The cotton market opened steady shifting to a slight decline then rallied on July covering shorts and buying from other interests pushing July to 10 57 up 24 points while October rose to 17 points. News offered little fresh impetus as late session eased near the prior close. Weather reports were generally favorable with southwest complaints waning. Acreage reports showed smaller plantings than last year amid mixed futures quotes across months.
Brokers gathered on the local Stock Exchange for a lighter trading day with Capital Traction stock drawing interest as 134 shares moved from 127 to 125 and a larger sale surprised the camp. Washington Railway and Electric and other issues threaded modest activity while National Capital advanced to 183 and a Washington Exchange Bank liquidation was approved, with estimates at 120 to 125. No session is scheduled today.
Special to The Washington Post reports George J Gould and directors discuss the Wabash Pittsburg Terminal Company, Missouri Pacific dividends, Wheeling and Lake Erie notes, and Wabash guarantees. Rumors link Buffalo Rochester Pittsburg and Grand Trunk buying terminal property. Denver and Rio Grande bond costs and Gould’s banking relations also noted.
A three story and cellar brick dwelling at 1309 Rhode Island avenue NW changes hands to a local business man who plans to remodel and live there. Secretary Root’s former residence is noted. Bore and Phelps sell 2121 Fifteenth street NW to Prof John Jenkin, to occupy on completion. Jacobi estate lots at 1515 and 1517 Thirty fourth street NW sell for 31,5 dollars to James A Kelcher, 3413 Prospect Ave NW sells to AW Hurley for 2000, and 2909 Olive Ave NW sells to William Garrity for 2150.
Receipts across cattle calves sheep and hogs show varied trends with prices and activity mixed. Beef and veal quality meats move slowly. hogs and sheep show steady to modest gains while demand remains uneven across markets.
Baltimore markets report mixed activity across grains and metals with dull corn and flour receipts. No 2 red and white corn prices steady to unchanged while oats hay and hops show slight firmness. London tin copper and lead trends cited with local quotes for electrolytic and casting metals. crude descriptions note weak domestic tone and unchanged minor items.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.