Gold Relief Hints in London Lifts New York Trading
London money conditions improved with firmer discount rates, while New York bankers reported a surprising turn to cash after a hefty loss. Analysts offered two theories, one involving large withdrawals to safekeeping and the other a misinterpretation of gold in transit, with officials wary of asserting a breach of reserve rules.
MENTIONED IN THIS ARTICLE
London
Conservatioe
Rational Bank Act
United States
Wall Street Gossip on Cotton, Rails, and Stocks in October
Special to The Washington P. New York markets boast active cotton and iron pipes as confidence grows in future dividends sparked by rail tensions. Rumors swirl around Thomas W. Lawson and James R. Keene, with Reading reaching new highs and copper, steels, and railroad stocks buoyed by favorable conditions. Despite bullishness, some say there is smoke but little fire as traders hedge against volatility while Rock Island plans further improvements to lift earnings.
MENTIONED IN THIS ARTICLE
Washington P
New York
Stess Springs
Standard Oil
Broadway
Rock Island
Hock Island
Washington Stock Exchange Quotations Summary
Consolidated Gan Ger, Corn Products Denver and Rio G, and other listed securities show varied prices including Metropolitan Securities at 30% and 125% ranges. Notable entries include Missouri Pacific at 106%, National Metropolitan Citizens Bank at 353, Potomac Insurance at 3%, and Washington Railway and Electric preferred at 98% with common 42% to 44%.
MENTIONED IN THIS ARTICLE
Consolidated Gan Ger
Denver
Rio G
Minn
St. Lawry
F and & Ste. M. 1A
Ao Co
Missouri Pacific
Kansas
Texas
Kans
Tex
Penne Dalede
Bi Mt
Greene Copper
Washington Railway and Electric 4S
Washington Railway and Electric Preferred
Washington Railway and Electric Common
National Biscuit National Lead
Nat. R. R
Mexico
New York Central
Nyc
Ontario
Norfolk and Western
Pacific Mall
Pennsylvania
Pressed Steel
Souther Pacific
Southern Pacific Southern Railway
Southern Railway
Tennessee Coal and Tho
Texico and Pacific
Toledo
Union Pacific
United States
Ateel Pid
Carolina Chemical
Carolina Chem. Pfd
Wabash
Wabash Pia - Wella-Fargo Bixprecs
Westinghouse Hilectric
Western Union
Wheeling and Lake
Wisconsin Central
W. G. Hibbs & Co
Bankers and Brokers
Mis F Street
New York Stock H Exchange
Chicago Board of Trade
Washington Stock Exchange
New York Bond Market and Money Rates Report
New York bonds mix across railroads and utilities with certificates from American Tobacco and Japan notes. Money on call firm at 5 to 6 percent with short term Treasury and mercantile paper active. closing stock quotations show diverse district bonds, railroad issues, and local trust banks trading in thin but steady markets.
MENTIONED IN THIS ARTICLE
New York
Tima Toana
Aixty
Prime Mercantile
Erling Exchange
Tary
Live Stock Markets and Government Receipts Report
Market brief from New York and Chicago shows cattle hogs sheep and lamb prices with receipts and shifts. Government receipts and expenditures noted with internal revenue and customs figures. a testimonial for Agnew's Catarrha Powder is included with regional sellers listed.
Wall Street Deals Focus on Goa and Washington Railway Preferred
Local trading on the Stock Exchange centered on Goa and Washington Railway preferred shares with curious activity in National Safe Deposit. Gas rallied then faded, Washington Railway common saw steady but modest moves, and National Safe Deposit showed peculiar bid behavior with a persistent buyer. Bonds and bank stocks remained in demand as Capital Traction and Metropolitan Citizens moved, while Mergenthaler and Grapho phone faded.
MENTIONED IN THIS ARTICLE
Stock Exchange
Goa
Washington Railway
National Safe Deposit
Washington Railway Common
Central Bank
Riggs
Union
Mergenthaler
Lanston
Graphophone
Greene Copper
Baltimore Markets Quiet as Wheat and Corn Hover
The Baltimore market notes steady to firm prices across grains with flour steady, wheat dull, corn easy, oats firm, and butter, eggs, cheese, and sugar unchanged. Receipts and exports are listed, alongside freight and timothy and clover values, with a broad buyers’ atmosphere in grain futures and cotton sentiment dampened by bearish reports.
MENTIONED IN THIS ARTICLE
Baltimore
Liverpool
Cork
de Creamery
de Indie
Fc Arain
Jersey
State
Jerney
Southern
Bacy
London
Apelter
Bos
Standard Foundry
Bia
Middlesboro
Foundry Northern
Foundry Southern
Southern Soft
BAILY COTTON MARKET REPORTS INDIA GOLD SHIPMENT
London news notes a shipment of gold from India dated September 28 will be landed in Egypt with a matching sum set aside by the Bank of England for the Indian state secretary’s paper currency reserve. New York reports National City Bank engaged for import of gold, signaling active bullion movements amid financial adjustments.
MENTIONED IN THIS ARTICLE
London
India
Egypt
Bank of England
New York
National City Bank
Decrease in Public Debt and September Finances
September 30 1905 debt shows 996,578,008 with cash rise, monthly decrease 3,946,588. Cash on hand notes 1 003 859 969 in trust funds and general funds total 1 885 872 058, leaving 286 823 692 cash. Receipts for September 1906 were 50 251 159 with expenditures 41 309 678, surplus 9 941 481 and three month deficit 9 674 000. Gas tax receipts rose 27 244 147, internal revenue 20 797 630, miscellaneous 2 208 231. public works boosted outlays. National bank note circulation at 61 362 240, month gain 4 181 873. circulation backed by US bonds 461 688 526, month gain 2 902 381. Loans secured by lawful money 663 714, deposits 66 110 300.
MENTIONED IN THIS ARTICLE
Treasury
Philippine Islands
Gastoma
Comptroller of the Currency
National Bank
United States
Abetoi
New York Produce Prices and Market Notes, Oct 2
Butter and eggs mixed market activity with receipts around 6,200 to 6,500 units. Cheese and pork steady. flour and cornmeal steady. oats and hay unchanged. Metals like London tin and copper showed strength abroad, with local markets steadier. various grain and oil prices noted across national and international markets.
Chicago Grain Prices Rise on Large Scale Buying
Wheat gains on December and May contracts as Chicago buyers push up prices amid strong demand and bullish day. Cables from Liverpool weak, but local market holds, with December closing around 84 1 2 cents and corn mixed on bearish weather and ample receipts.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
I Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Liverpool
Chicago
Minneapolis
Duluth
Nevarthe
Passae
Enty
Howes
Las
Grain Market Report a Feels Of Mixed Movements
Provisions steady to firmer as traders note lard and meal show gains. Wheat futures quoted around 12.87 percent gain while lard advances, pile prices for goods rise slightly. Receipts expected tomorrow include wheat at 126 Sark pare 27 beara, oats 387 cars, hay 20,000 emt.
MENTIONED IN THIS ARTICLE
Ted Raga
Cates
New York Grain Prices and Trading Overview October Report
New York grains trade with rye steady and wheat finishing firmer on buying flow. Corn receipts and exports rise while oats show mixed prices across categories. spot markets for barley and rye display modest gains amid steady to easing cables and favorable weather.
MENTIONED IN THIS ARTICLE
New York
Buffalo
O. B
Duluth
Manitoba
Cassatt Named President of Cumberland Valley Railroad
At the Cumberland Valley Railroad Company annual meeting in Harrisburg on October 2 A J Cassatt of the Pennsylvania Railroad was unanimously elected president to succeed the late Thomas Kennedy Directors elected include John P Green Kenn i Stewart Charles E Pugh Nat Shortridge Edward W Mealey and John B Thayer General Manager M C Kennedy remains in charge after serving as acting president since his father's death
MENTIONED IN THIS ARTICLE
A. J. Cagsatt
T. B. Kennedy
Harrisburg
Cumberland Valley Railroad Company
A. J. Cragett
Pennsylvania Railroad Company
Thomas &. Kennely
A. J. Cassatt
John P. Green
Kenni Stewart
Charles E
Census Bulletin Reveals Cotton Ginned by Septembers End
Census Bureau report shows 2,858,031 bales ginned from 1905 crop by September 25. figures drawn from telegraphic reports by special agents surveying ginneries across states and territories. The bulletin notes early publication hinders 1904 comparisons and counts round bases as half square bases, totaling 72,196.
MENTIONED IN THIS ARTICLE
Census Bureau
Alabama
Missouri
Arkansas
North Carolina
Florida
Tennessee
Texas
Virginia
Corn High in Mexico May Trigger Duty Abatement
Mexico City reports finance officials probing a spike in corn prices tied to wheat shortages and market manipulation by large speculators. If prices stay high, duties on American corn may be reduced to ease consumer costs and boost imports.
MENTIONED IN THIS ARTICLE
Mexico City
Department of Finance
Railway Ticket Printer Invented by Italian Count Pisgicelli
The London Times reports Count Pisgicelli of Naples has devised a tesserografo railway ticket printer to issue, track, and prevent fraud on tickets. The device uses a lever in a slot to select stations, prints class and type tickets, and records sales on discs for cashier and audit. Also notes a new oil pipe line venture by Cudahy and Cherokee Oil and Gas forming the Cudahy Pipe Line and Refining Company with a 6 million capitalization and plans for a 665 mile pipeline from Bartlesville to St. Louis district.
MENTIONED IN THIS ARTICLE
London Times
Bedford
Independence
Kans
Cudahy
Cherokee Nation
Cudahy Pipe Line
Bartlesvile
S. 3
Bankruptcy Order Refused for Neafie & Levy Petition
United States District Court dismissed the creditors petition seeking bankruptcy for Neafie & Levy Ship and Engine Building Company of Philadelphia. The firm, under receivership, is building the armored cruiser St Nu. A slight rise in silver values appeared in the latest quarterly foreign coin valuation. Stopped coughs and throat illnesses were claimed to be cured by Dr King's New Discovery.
MENTIONED IN THIS ARTICLE
George James
Scranton
Agnew
Stone & Pools
Ave
Aye
Philadelphia
United States District Court
Neafie & Levy Ship and Engine Building Company
United States
St. Nui
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Street
England
Washington Post
Louisville and Nashville
Sloss
Sheffield
American Woolen, Distillers
American Linseed Oil
Union Bag and Paper
Tennessee Coal and Iron
Consolidated Gas
Chicago Union Traction
Wall Street
Southern Pacific
New York Stock Market
Esley Adams Express
Amalgamated
Car and Foundry
Ate Am
Car and Foundry Ptd
Hide and Leather
American Tee Securities
Cy America
American Sugar Refining
Pid Certit
Ateoonda Mining Co
Atchison Ea Aa
Atchison
Atlantis Coast Line
Baltimore and Ohio
Brooklyn Rapid Transit
Canadian Pacific
Central Leather
Central
New Jérsey
Esartake
Ohid
Alton
Chisego
Galeago Great Western RO
Northwestern
Mit
St. P
Chicago T
T. Pfda
Louis
Colorado
Treu
Colorado and Southern
Colo
Southwest
Cole
South'n 2d
Jewera Prrfachive
Strest
Thomas W. Lawson
James R. Keene
GB. R. T
Walsues
Tts
Cape Town
Tammany
Ita Jeanings
Bart
U. B
U. S. Fe
U. A
Washington Railway and Electric da
Capital Traction
Loz
American Tobacco
Atchison General
Atchison Adjantment
Atlantic Cuant Line
É. Gentral of Georgia
Central of Georgia
A Central of Georgia 2d Inc
Chicago and Alton
Aesamacecens Bbr
Chicago, Burlington and Quincy
New
Chicago, R. J. and
Pacfic Railroad
R. I. and Pacific Railroad
Col
St. Louis
Colorado Ind
Jnd
Colorado Midland
Distillers’ Securities Se
Erie
Iria General
Fort Worth
Japan
Seenyeee
Louisville
Nashville
Manhattan
Consol Gold
Minneapolis and
St. Louia
Alisequil
Kangan
National Railroad of Mexico
Consal
New York Central General
New Jersey Central General
Northern Pacific
Oregon Short Line
Reading General
St. Louis and Iron
Cal St. Louis
San Francisco
Louis Southwestern Con
Seaboard Air Line
United States Steel 2d
Wabash Inte
Wabash Debenture
Western Maryland
Wheeling and Lake Erie
National
District of Columbia
Philippine Land Purchase da
Capital
Traction Railroad
Metropolitan Railroad
Columbia Railroga
City and Suburban Railroad
Fse
Anacostia and Potomac Bo
Washington Railway and Electric
Bristol Gas and Filectric
Washington Gas Company
Washington Gas Company És
United States Electric Light
United Statea Wiestria Light
Chesapeake and Potomac Tealephone
Washington Market Company Int Gx
Potomac Histric Light
Norfolk and
Washington
Base Deposit
National Bata Deposit End Trust
Washington Loan End Trust
American Security and Trust
Washington Base Deposit
Union Trust Company
Washington Bavings Bank
Home Bavings Bank
Union Bavings Bank
Railroad
The
Bristol Gas and Electric
National Bank stote—Commmercial
Bank of Washington
Metropolitan Citizens
Farmers and Mechanics
Columbia
Cepitel
American
Traders
Lincoln
Franklin
Metropolitan
Corcoran
Potomac
Arington
National Union
People’s
Comercial
Colonial
Title
Henal Batata
Coumbia
Chesapeake and Potomac
Washington Gas
Georgetown
Morgenthaler Linotype
Lanston Monotype
Greens Consolidated Copper
Washington Merket
Washington Steamboat
Realty Approvaal and Agency Company
Breves
Udverpool
Cables
Canada
Qet
Local Financial
Exchange
Washington Railway Preferred
York
F Street
Baily
Brock
Galveston
New Orleans
Ial
Aebraan
Mobile
Savannah
Charleston
Wilmington
Quiet Am
Norfolk
Tulapt
Boston
Augusta
Loula
Laulaville
Great Brittain
France
Continent
Ato
OBE
Great Britain
Net
Loo
NEW York Grain
Valley Electio
F. H. Smith Co
Fleal Estate
Y. Ave
Bond
Trust CO
Mergenthaler, Lanston
Ibbs & CO
Ork Stock Exchange
R’y, Ptd
R’y, Com
N. & W. Steamboat, &E
Fenancial
National Safe Deposit Savings& Trust Co
Ifth
New York Ave
Riggs Ink
PA. Ave
U. &. Treasury
Washington Loan & Trust Co
Offich Cor
9Th
F Sts
Acta
Yalu
M.a.phillips, Jr
Colorado Building
Allante
Poli Cion
Swartzell, Rheem & Hensey Co
Warner Building
Arthur Wall
Traning
Lynn, Wall & Co
Northwest
Wade & Hedges
M. J. Sage & CO
Warder Building, Cor. Ltd
Chesley & Spencer Tre
Union Savings Bank, Bond
14Th & N.Y. Ave
Heiskell & McLeran
F ‘Street
N. W
U. S
Ravelers
American Express Company
Traders National Bank
GHO
Washington Savings Bank
Commercial Bank
Joan
Warddr
Potomac Guarantee Loan CO
Atlantic Peas
Rooma
Ellevator
Capital Loan Co
National Loan and Investment Co
15Th
Sts
U. S. Treasury
Cone
Metropolitan Loan & Trust Co
BE Street
Ling, Mutual Loan and Trust Go
E St. N. W
Bennerly Santastical Brest
F St
Newspap
Gar