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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Oct 03, 1907
Page
17
The trading day showed renewed torpor with general weakness in stocks. Call money rose while railroad earnings reports and a rumored uplift for Brooklyn Rapid Transit boosted some optimism but could not offset broader declines.
The item lists various price references and firms, mentioning Boston closing prices and several prominent companies such as American Telephone and Telegraph and others. The text remains fragmented, with many garbled names and stray phrases.
The piece details speculative moves in Brooklyn Rapid Transit and Chicago Milwaukee and St Paul Railway stocks driven by operators acting for themselves rather than Standard Oil. It notes rising call money, shifting investor positions, and rumors affecting Union Pacific and Canadian Pacific amid broader market tension.
New York stock market details dated Wednesday October 2 note activity received by WB Hibbs and Co bankers and the New York Stock Exchange and Chicago Board of Trade in terse market rundown with no further context.
New York bond market notes list curbs on quotations and a flood of convertible and government issues. Institutions such as American Tobacco and various railroad and utility firms appear, with references to New Haven, Kansas City, and the Pacific lines, plus state and regional government bonds.
Quarterly estimates from the Director of MIOT report regen coins values, noting silver average price per fine ounce rising from 68 946 to 68 946 cents between July and October. The document references bonds, redeemable trust funds, bank certificates, and various commodity prices including flour, wheat, corn, and butter with market movements and unchanged freight and cheese prices.
The market showed stronger trading with demand for bonds and several gains as issues such as Metropolitan and Washington Railway Electric filings moved. Bell Telephone of Philadelphia called a special meeting for December 3 to approve purchases and capital changes, signaling a holding company plan with stock consolidation and name change to Bell Telephone Company of Pennsylvania.
A dense listing covers government bonds railroads utilities and common stocks with prices and percent changes. It notes Philippine bond purchases and signals closing relations to major Washington area companies and brokers, highlighting Metropolitan and Capital Traction as well as utility firms.
New Sark Oct. markets show mixed movement across grains and meats. Wheat and corn futures edge higher while oats and soybeans hold steady. pork, beef, and lard prices exhibit firmer tone amid steady demand and regional activity.
Grain and market news from WH Abbe & Co detailing Chicago grain prices and deliveries. Reports include oats and corn prices for December and January, with wheat, flour, and bamboo notes. Weather influence and exchange activity referenced alongside local receipts and futures movement.
New York cotton futures slipped and then steadied as bear pressure waned. December and March contracts showed modest moves amid futures trading typical of the season, with traders watching exports and government reports for signals.
Market reports show steady prices and active trading for butter cheese poultry and dressed meats at Washington Produce Market. Fresh fruit and vegetables from New York and Southwest Virginia districts compete with regional supplies as prices rise amid strong demand.
The Louisville and Nashville Railroad stockholders held their annual meeting and re elected the old board of directors. The report shows gross earnings of 44 22 045 dollars and noting that equipment had greatly improved during the year.
The Census Bureau reported that telegram delays prevented a complete cotton ginning report through September 25. It recorded 113,029 bales with 19,803 bales ginned by September 2, 1906, from 1,? ginneries. Active ginneries numbers compared with last year and 10 year averages are shown, with a missing portion from ninety-five counties. the table lists conditions on September 36 of this year and the prior year.
The New Haven Connect reports the New Maver and Martford Company's last fiscal year ending June 30 shows gross earnings of 60,10S, up from 62,881,822, with operating expenses at 52,228,806, and net earnings from operations at 7,? million, rising from the prior year. A Boston and Maine merger note and a 2 cent fare reduction system wide boosted passenger receipts, despite anticipated losses elsewhere.
Canadian Pacific plans a Montreal annual meeting to issue 4 percent preferred stock to fund road add ons and extensions. Two new steamships will be built or acquired for Pacific or Atlantic service, with two more for lake service. Willm C Van Home reelected chairman, Sir Thomas G Shaughessy president, and directors including EB Angus and L J Forget. Empress of Britain and Empress of Ireland may be transferred to Pacific service. Annual report notes gross revenue rise but higher operating costs.
New York Oct 2 directors of the Chicago and Alton Railroad Company met in this city and named eight new members to represent the Clover Leaf interests. Appointed were Edwin Haley Gen Thomas H Hubbard Theodore P Shoat George H E Rosa Joy Morton H Davis William G Beale and H Huntington. The Apex Island director who had served on the Chicago and Alton board resigned in favor of the Clover Leaf group. The slate includes Harbert Mean Felton of Chicago and D F Mitchell of Chicago from the old board.
A fractured OCR page reports live stock markets with cattle and calf prices, noting varied bids and signs of demand. Names and places appear garbled, yet references to market activity, gun prices, and local buyers indicate a bustling trading day across multiple stock classes and vendors.
Reported sharp drops in the London tin and copper markets with price breaks. local selling weak with prices around 36 and 61 for copper. Trading activity shows volatility. readers note prices near 1505 locally amid market uncertainty and published quotations for nearby contracts.
The United States Steel Corporation of New York City announces the purchase of the National Steel and Wire Corporation of New Haven. The deal, described as a receivership sale, is reported to involve around $6.0 million. The National Steel and Wire firm had faced serious financial embarrassment in recent months.
Cleveland Oct 2 The Iron Trade Review notes a dull period as demand tightens and rail traffic falls, with some buying by investors and potential steel orders expected after rail appraisals are settled. Export activity shows pockets of improvement while domestic finished steel prices edge down slightly on small-lot sales.
Joseph M Wheatley sues District Commissioners to stop payment to North Penn Iron Company for Connecticut Avenue bridge orders. He alleges power of attorney given October 4 authorizes him to act for the company and claims a lien on fees for services. Court set to show cause Friday. September coinage in U S total 39,046,606 with gold 39,082, silver 1,342, and minor coin 3,120,008. excludes 1,658,000 pieces for the Philip Pine government.
A historical account describes daily steamer excursions from Seventh Street wharf to Washington, offering Potomac and Chesapeake Bay views, meals served aboard the Eleanor, Mount Vernon route, and popular trips to Mount Vernon and the Capitol region. The schedule lists evening departures, trip durations, and noted patronage among Washtonians, with remarks on onboard amenities and safety.
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