Money markets edge lower on German rate rise
New York stocks opened muted as the Imperial Bank of Germany raised its discount rate to 5 percent, signaling a global mood of caution. Copper and railroad shares led gains in a thin session while money rates remained tight and exchange prospects shifted with London gold movements.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Imperial Bank of Germany
Bank of England
Toams
Rechsbank
Germany
Stock Exchange
American Locomotive
American Armelting
Corn Producte
Central Teather
United States
Igh
Calumet and
Hecla
Lake Superior
London
Paris
England
Bank Ofngland
Amelian Imporieis Ss
New York Money Market Summary
New York money market overview for October 8 shows money on call at 6 percent closed bid and offered at 6 percent. Time loans steady with sixty and ninety day terms near six months at 4 4 percent. Prime mercantile paper at 4 4 1/2 percent. Sterling exchange firm with actual business in bankers’ bills at 4.3345 4.8500 for demand and 4 4 2 0gp4 4 2 5 for sixty day bills. Posted rates listed for various instruments. government bonds firm and railroad bonds steady.
MENTIONED IN THIS ARTICLE
New York
Prima Mercantile
Sterling Exchange Fim
Bankers’ Blde
Live Stock Markets Report from New York and Chicago
Receipts and prices for cattle calves hogs and sheep shown across New York and Chicago markets. New York notes direct consignments, steady demand for beef and veal with mixed calf demand. lambs dull and lower. hogs higher. Chicago reports brea ty cattle lower, steady hogs, and steady sheep market.
MENTIONED IN THIS ARTICLE
New York
Ex- Porte
Canada
Chicago
Moat
Wall Street Gossip on Wheat Stocks and Street Railways
Special to The Washington Post writes of grain houses seeing wheat as a purchase amid short interest and millers buying, while Canadian Pacific, London rates, and German bank moves influence markets. Smelters, traction stocks like Metropolitan and Brooklyn rise on insider buying, with brokers predicting higher prices and a message that money demand remains strong. Morton Trust loans Rockefeller funds at 6 to 11.4 percent.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Brooklyn
Metropolitan
Wall Street
General Education Board
John D. Rockefeller
Morton Trust Company
Trust
American Security
Washington Loan and Trust
Central Bank
Metropolitan-Citisene
Union Trust and
National Safe Deposit
American Bank
Lanston
Mergenthaler
Greene
Haren
Bonda
Washington Railways
Norfolk and Washington Steamboat
Anacostia
Potomacos
United States
Capital Traction
Washington Railway and Bileotria
Washington Railway and
Diedtric Preferred
GOO
Washington Railway and Electric Common
Washington Loans and Trust
Union Trust Company
National Metropolitan Citizens Bank
American National Bank
Washington Gas
Greene Copper
Stock Exchange
Columbia Bonda
Sibs
Philippine Land Purchase
Capital Traction Railroad
Metropolitan Railroad &S
Metropolitan Railroad
Columbia Railroad
City and Suburban Railroad
Anacostia and Potomac
Washington Railway and Electric
Bristol Gaa
Washington Gag Company Ga
Washington Gas Comppany Gm
Washington Ga Company
United States Bieptric Light
United
Washington Bate Depealt
Washington Savings Bank
Home Savings Bank
Union Savings Bank
Railroad
Washington Railway
Bleoctria
Elestric Common
Bristol Gaz
Elestric
National Bank
Commercial
Bank of Washington
Metropolitan Citizens
Cen
Farmers and Mechanical
Beosad
Ills
Columbia
Capital
Amican
Lincoln
Rigue
Franklin
Cargoran
T. Sotceen
Arlington
National Union
Columbian
Washington
Potomac
Georgetown
Tipe Machine Btassee Biergentheiar Linotype
Lanston Monotype
Mincoltehgong
Greene Consolidated Copper
Washington Market
Norfolk
Washington Loan & Trust Co
Office Cor
8Th
F Sts
Heal Estate
Caefu
John Joy Edson
John A. Swop
Thomas Bradley
Butual Loan and Trust Co
Ws Fat
Joan
Full Suen Siong
Metropolitan Loan & Trust Co
BE Street
N. W
Baltimore Markets Quiet and Steady Across Grain Prices
Baltimore daily market notes show quiet wheat and hay, steady rye and oats, and firm corn with varying futures. Receipts list 12 720 barrels of flour and 3 228 bushels of corn, while dairy prices stay steady for creamery butter and cheese. A stray health ad closes the column.
MENTIONED IN THIS ARTICLE
Baltimore
Southern
Tigta Domentic
New York Bond Market and Cotton Prices Report
A long, tangled market summary lists many railroad and finance bonds with prices and yields, followed by a New York cotton market report. The cotton market reacts to government October condition data, showing 73.2 percent and a sharp price drop despite some intraday rallies.
Daily Cotton Market Government Receipts and Expenditures
Government receipts and expenditures reported include $901,796 in national bank notes received for redemption, $758,476 in government revenues, $1,006,410 in miscellaneous items, and $2,500,000 in expenditures.
MENTIONED IN THIS ARTICLE
National Bank
Eee Revenus
Oustomas
Prolific trading in Washington Gas and Railway stock
A lengthy local financial session shows heavy activity in Washington Gas and Railway preferred and common shares. Strong turnover across multiple issues, with bids and sales across bonds and bank stocks, and a Maryland Trust Company meeting to decide wind up or rehabilitation.
MENTIONED IN THIS ARTICLE
Washington Gas and Railway Preferred
Seeveral
Maryland Trust Company of Baltimore
Bankers Favor Reforms At Clearing House Meeting
New York bankers demand tighter control of trust companies cash reserves and urge their inclusion in official clearing house rules. William A Nash of Corn Exchange Bank calls for separate reporting of bank and trust company conditions and a plan to bring trust firms under clearing house oversight.
MENTIONED IN THIS ARTICLE
New York
New York Banke
Clearing House Association
Corn Exchange Bank
William A. Nash
Nash
Clearing House
Mr. Nash
Clearing Hodge Committee
Nagh
Commmittes
W. H. Porter
Chemical National
Gba Preaiy
Ignerigent
Bethe the Muons
Fae
Taniks Agor
Wiliam Sherer
Shanwe J Ihakager
William A. Gipin
Chicago Grain Market Sees Wheat Fell Amid Gains in Corn and Oats
Chicago trade reports liberal Northwest arrivals depressing wheat values. December wheat closed near day lows after fluctuating from 84 to 8544, while corn and oats firmed about half a cent. Provisions declined with hog prices slipping and demand cautious. receipts and world supplies slightly up.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
MF Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Tracts
Chicago
Northwest
United States
Belling
Bradstrest
Minneapolla
Duluth
Fec
Metal markets show mixed gains and firm London prices
The Twondon tin market closed at £148 1s spot and £147 158 futures amid a firm local market with copper rising in both markets to £7 1bs spot and £70 lbs futures in London. Lead and spelter advanced locally and in London while iron remained irregular abroad with various foundry prices quoted for Northern and Southern grades.
MENTIONED IN THIS ARTICLE
Jersey
Twondon
London
Standard Foundry
Middlesboro
Northern Ia
Northern
Southern
New Counterfeit One-dollar Bill Reported in New York
Chief Wilkie of the Secret Service announces a new counterfeit ten dollar note from 1901 series. The photomechanical reproduction uses two sheets with silk fibers, is three-eighths inch longer, darker serials and denomination, indistinct lathe work, and a darker seal. It appeared in New York passing at Broadway and Forty-second Street subway token window.
MENTIONED IN THIS ARTICLE
New York
Wilkie
United States Secret Service
United States
Buffalo
Lyons
Register
Roberts
Subway
Broadway
Forty-second Street
Marcus
Interurban Railway
New York City
New York Grain Prices and Oil Seeds Market Report
New York grain notes dull barley at 80 cents. Wheat receipts 21 900 bushels with spot easy bids around 87% to 89% fob. Corn receipts 98 725 bushels with spot bids 58 cents elevators and 59% afloat. Oats receipts 230 400 bushels with mixed date and grade ranges. Market drifted on bearish rainfall rumors and late-day liquidation.
MENTIONED IN THIS ARTICLE
New York
C. i
Buffalo
Duluth
O. B
Manitola
Friends of
Gottona
New York Produce Prices Steady Across Markets
New York October prices show butter and cheese unchanged with steady receipts. Eggs and poultry hold firm as Western live birds and fowls show mixed quotes. Flour and rye flour steady, cornmeal steady, hay and hops steady, hides leather wool and beef steady. Pork and lard quiet. oil, rice, molasses steady. coffee firmer as Rio market remains steady. Freight markets show Irish sea rates firm with primary Atlantic routes unchanged.
MENTIONED IN THIS ARTICLE
New York
Qet
Liverpool
Stehm
Jez
Grabs
Een
Long Urland
Vier Mnestic
Washington Produce Market reflects light arrivals and firm prices
The Washington Produce Market shows light arrivals and a firm market with undergrade stock dull. Butter receipts are high quality scarce, with defects common in many grades. live poultry demand is active and cleaning up supplies quickly. Vegetables lag with oversupply in most grades and scattered price ranges across potatoes onions cucumbers and apples.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
Tennessee
North Carolina
Rt Luce
Hale-Bareal Haniet
Washington cattle and sheep market prices listed
Market figures show cattle prices per cwt for various grades from eight to nine across the range, plus lambs calves and sheep values. The report also notes a Berlin bank discount shift and Rural Free Delivery route updates with pending petitions and route assessments.
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Pennsylviania
Rock Island
St. Louis
San Francisco
Banksy and Trust Companies
Canadian Pacific
Metropolitan Street Railway
Jane
New York Stock Market
Garand Foundry Bt
Euny
Alperiaan
Ana
Ameren Hocamodiveriis
Anaconda Mining
Co. A
Atchison
Tom Ak
Atchison Fd
Suse
Atlantis Coast Line
Baltimore and Ohio
BRE Ly
Brooklyn Rapid Transit
Tyranadian Pacific
Central of
New
Delaware and Hudson
Denver and
Rio Grande
Rio G
Erie
Evie
Tam Thy Tay General Electric
Hocking Valley
Wlinelg Central
Alg International
International Paper
Tate
Iowa Central
Kansas City
M. St. P
G. Ste. M
Missouri Pacific
Kansas
Texas
National Biscuit
Nat R. R
Maineopid
New York Central
Optario
Norfolk and Western
Nortsik
Western
Republic Steel
Rock Island Co
Reek Island Ca
St L
Southwestern
Southern Pacific
Southern Railway
Tennessee Coal and Iron
Texas and Pacific
Toledo
Bay
Union Pacific
United States Express
United States Realty
United States Rubber
United States Broel
Winda Ba Unitedtates Steel
Ye -Carolina Chemical
City
Pacating Chem. Pte
Wabash
Wabash Pfd
Wells-Fargo
Wertlayhouse Electri
Westurs Union
Wisconsin Central
Wales
Ome 5 Co
China Board of Trade
Bond Maree
Get
Certifontas
Akuriyan
Pabadus
Ogetticater
Atehlwop
Beneral Daicreescsayecessaa
Anish Bagust i Mbs
Sarssaes Atlbatle
Ipantral
George Baeirisss
Georgia
Yetindir Centra
Searaie
Wbeass
Hhewapenke
eiMeaga
Aiton
Chigana
Burlington and Quint
Cileaga
Proifia Hage
Dhreess
Chisage
H. A
Faolhe
RM C
Colorado
Colapada Midland
Colorada
Aouthern
Minneapolis
St. Louia
Missouri, Kaneng
Missouri, Kansas and
National Railroad of Mexico
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Northern Pacific
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Western Consol
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Westera
Union Paccific
United States Steel
Wabash Tate
Wabash Deben
Maryland
Wheeling and Lake
Wirconsin Central
Bankgro and
F Street
Chicago Board of Trade
Hearih Bureau
Man
Oct
Mle Net. Grom
Salasstock
Galveston
New Ori Ae
Charleston
Brenswick
Memphis
Eh St. Louia
Chet
Clucinnatl Louisvillie
Great Britain
France
Continent
Japan
Mexico
Local Financial
Board of Trade House
Asnew
W. HB. Musselman
G. A. .Welgapert
Dr. Ag_Rew
Stone & Pools
O'donnell’s
New York Clearing-house Association
Aaken
Philiinian Islands
Ernatio Soanking
G Street Nw
Panama
Philippine Islands
British India
Straits Settlements
China
Ena
Globe
Foreign Exchange
Businessmien
America
St. N. W
M.A. Phillips, Jr
Colorado Building
J. H. Hilsman & Co
Aanta
Hfe
Pee Bay
Satethia Bank
Union Savir Bond
Smith
Alvin M. Lothrop
V. C Pree
Quincy Smith
Blemane
Kimpall
Auditorigs Bank
N.Y. Ave
Union Savings
Banington
Ioana Frat Lens
District of Columbia
Qhorge QO. Walson
George O. Walson
A. D
Harry F. Miller
F. H. Smith
A.M. Lothrop
Waters
Wieton
Lambert
Quincy Smiths
WM. B. King
LG. Kimball
Theodore W. Noyes
Buffalo Note
NEW York Grain
Washington Cattle Market
Berlin
Imperial Bank Arm
DeGraw
Essesset Amnate Ae ' A
Rove
Jin
OSE
Traders National Bank
Swartzell, Rheem & Hensey Co
Warner Building
Northwhet
Atlantic Coast Line
R. R. Ist
Gaslight & Coke Co
WM. A. Read & CO
Ismambera
Boston
Main
F. H. Smith Co
Real Esteta
Loanu
Investments
Insurance
Arthur Wall
Lynn, Wall & Co
Adams Building
Aalgns
Berne
Jenkins & CO
Commission
Row York
Greulich, Martin & CO
Wade & Hedges
M. J. Sage & CO
Warder Bulding
Chesley & Spence
Mets
U. S
Nent
Tocks & Bonds
Riggs
U. 8. Treasury
Colonial CO
Bintriet
Galumbia
Eae Beer Bets & Moleran
F ST
Tolman
Corcoran
15Th St
National Eee Pens Company
National Loan and Investment Co
Sts. N. W
U. S. Treasury
Joana
Capital Loan Co
Potomac Quarantee Loan CO
Reva Toome
Srey
Ee Expensix
Wake Loan
Surety Loan Company
Warddr Bldg
Eth
Escent
Ioan
Newspaper Rahive