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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Nov 04, 1910
Page
3
The market shows small gains with steel Union Pacific and Reading among the largest advancers in New York trading. Wheat weakness continues to influence overall sentiment as the weekly bank statements show modest holdings and ongoing credit tensions.
Markets report activity in New York stocks and cotton futures as traders react to ongoing financial news. W J Hibbs and Co and bankera and von Yok Stock Exchange Chicago are noted as brokers involved in settlements and price movements.
Severe disappointment in prices as winter wheat futures fell on reports of record sowing acreage. Weathered by large Oklahoma acreage, futures opened firm then weakened amid rising supplies and sluggish demand.
Wholesale fruit and vegetable prices hold firm for several days with gently rising poultry costs. Virginia and Tennessee produce show solid demand as dairy prices ease, while dressed poultry and eggs list modest per unit changes.
New York Now shows 3 money on call stronger with ruling rate at 4 percent and closing at 4 percent. Time drafts for 60 and 90 days at 6 percent, 6 months and 4 percent options. Prime mercantile paper at 6 percent. Sterling exchange weaker with bankers bills at 4 82 4 92 for 60 days and 4 85 9 0 for demand. Commercial bills and bar silver levels noted. Government bonds steady, railroad bonds irregular.
Baltimore markets show firmer bids across wheat and rye while corn and soy remain steady. No. 2 white notations and Western No. 2 rye price levels are listed, reflecting mixed domestic demand in the Baltimore area.
Wall Street pushed higher through the week with broad gains in the final session. United States Steel and Amalgamated Copper posted fresh highs, while Big Four slid from Tuesday lows and Lake Erie and Western rose from 41 to 47. Banks and the subtreasury showed a weekly rise, though call money stayed firm around 4 percent.
Papers filed with the comptroller for a new national bank to be named the Federal National Bank with $250000 capital. Signers include A E Randall W Fowler W J Lambert M A Winter and W Sands. Planned to open in the old Central National Bank building at Seventh Street and Pennsylvania Avenue Northwest.
A fragmented list of New York commodity quotes. Includes dairy receipts eggs poultry beef leather wool and various bulk items with fluctuating but mostly steady or dull activity. Specifics cover butter, eggs, fowls, turkeys, flour, beef, lard, tallow, cottonseed oil, wool, rolls, turpentine, rice, molasses, sugar, coffee, potatoes, cabbage, and freight trends.
Market notes show copper steady in spot and futures with November and December bids around 40 12 60 and 12 45 percent. London futures steady around 98 88 9d while exports for the month reach 760 tons. Iron prices in Cleveland and regional foundries move softly with No 1 and No 2 grades quoted in the mid-teens to low twenties.
A Maryland Coal Company files a sweeping Interstate Commerce Commission complaint denouncing the Delaware Lackawanna and Western Railroad Company as leading an anthracite coal trust. It accuses repeated rates manipulation, dictation of purchasers, water diversion, and deliberate fuel dumping that damaged Marian Company Washery at Taylor, Pa. The suit seeks 5,420 in reparations.
Aaron Barnett estate battle concludes as supporters accept $360,000 in lieu of claims. Gustav Barnett reportedly carried a bag tied to a missing will before his father’s death. witnesses and housekeeper affidavits referenced a 196 008 share for daughter in law and grandchildren. Proceedings had sought the will, with adjournments and ongoing negotiations to settle.
Barton Hepburn, head of Chase National Bank and former comptroller of the currency, was elected president of the Chamber of Commerce to fill the vacancy caused by the death of Jed Wald Simmons. The election took place on November 3.
A compact listing shows oil quotations and shipment figures for multiple regions including MM City Pa and Toledo Ohig. Reported balances and averages appear alongside month references and Navy or regional codes, with figures such as 150 and 109 718.
Washington cattle market reports an unusually steady day with a slight rise anticipated. Prices show hogs and lambs moving in a narrow range while calves and veal demand remains acute despite inconsistent quotes across categories.
Philadelphia Carman reports angry mood as two arbitrators split on meaning of loyal men. Motormen and conductors fear walkout after transit company rejects carry out spirit of the spring agreement. Tonight La per Lyceum hall hosts an all-night meeting with 3000 workers. Pratt's arrest and beating by detectives stoked anger at the gathering.
In Philadelphia and Brooklyn reports reveal Annie Davis once Annie Hirst, who eloped with John Jackson and later deserted by him, killed her two children and herself in a Brooklyn home. Mrs Davis, a Frankford resident and former friend, recalls their shared past and Annie’s sorrow over a love that ruined lives.
A woman recalls jealousy and suspicion chasing a fragile marriage. In March 1931 she sees Annie Jackson and Ellis walking together arm in arm, suspects an affair, and endures abuse from her husband. In May 183 Ellis promises to return but vanishes, with Annie Jackson missing as well.
A major fire swept the Macon Telegraph building in Macon Georgia on November 3. The blaze caused about 10000 in losses with 80000 in insurance. Printer Raymond Clas, who had traveled from Knowsille Town for work, perished after being overlooked in the rush to escape while asleep in the rear composing room. The fire is believed to have started from a lighted match discarded into paper at the back of the building. In Washington The Washington Post notes Rome appoints Mer Stagni archbishop of Aquila as apostolic delegate to Canada.
The Overland branch introduced several 1911 models yesterday while dealers eye a planned meeting around November 15 to decide on hosting an automobile show. Owners report easier maintenance and greater efficiency with autos versus horses, noting fuel level adjustments and carburetor care as part of routine use.
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