Tight Money Ignored Rise Begins in Industrials
New York stock market opened with a broad rally in industrials as professional buying lifted railroad shares. European exchanges tumbled on a rate rise by the Imperial Bank of Germany and higher Bank of England rates, while copper and steel issues showed strength. Cotton futures weakened after a government report signaled a potential 11 million bale crop, pressuring prices and boosting export prospects.
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 Snapshot and Rates
New York money markets show on call funds at 6 percent with closing bid 6 and offered at 6. Sterling exchange steady with actuals in bankers' bills about 4.3345 to 4.8500 for demand and around 4.425 for sixty day bills. Time loans steady at sixty and ninety days around six months at 4 4 percent. Prime mercantile paper quoted at 44 to 45 percent. Government and railroad bonds are described as firm or steady. Mexican dollars noted at 47.
MENTIONED IN THIS ARTICLE
New York
Prima Mercantile
Sterling Exchange Fim
Bankers’ Blde
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
St. Louis
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
New York Stock Exchange
China Board of Trade
Washington Stock Exchange
Live Stock Markets and Cattle Prices Across Markets
Live stock markets across New York and Chicago show steady to mixed demand. Cattle receipts 1,012 in New York with beef futures for tomorrow. calves weak to steady, veals 2.75 to 9.00. sheep and lambs receipts 5,821 with lambs dull, Canada lambs at 9.00. hogs receipts 4,504 with steady to higher prices. Chicago reports cattle 13,400, lower. hogs 18,000 steady. sheep 40,000 unchanged. prices vary by class and region.
MENTIONED IN THIS ARTICLE
New York
Ex- Porte
Canada
Chicago
Desco S
Amaatl
Wall Street Gossip Sparks Bullish Tone on Smelters and Rails
One Wall Street dispatch notes strong buying in grain and smelters amid tight supplies and bullish forecasts. Traction stocks Brooklyn and Metropolitan rise on political-linked demand. insiders accumulate substantial stakes. Rockefeller funds loaned via Morton Trust at 6 to 11/4 percent, signaling liquidity and confidence in elevated prices ahead.
MENTIONED IN THIS ARTICLE
Brooklyn
Metropolitan
General Education Board
John D. Rockefeller
Wall Street
Morton Trust Company
Baltimore Markets Quiet and Steady across Grains and Provisions
Baltimore markets report quiet trade in flour and hay with steady prices. Wheat and corn show firmer spot and futures, while oats rye and rye markets mix with varied receipts. Eggs cheese and sugar stay steady as grain freights remain firm. The column notes Digestive health ad claims and a drug promotion alongside market data.
MENTIONED IN THIS ARTICLE
Baltimore
Southern
Tigta Domentic
New York Bond Market Signs and Cotton Price Slide
The New York bond market lists numerous issues from major rails and utilities with prices and yields. Cotton traded actively in New York with the October condition report showing 73.2 percent and triggering a sharp market decline, large selling and a net loss around 84 to 37 points as bears pressured values.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
Bankgro and
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
New York
Hearih Bureau
Daily Cotton Market Government Receipts and Expenditures
National bank notes received yesterday for redemption amount to 901 796 dollars. Government receipts from revenues total 758 476 dollars. Miscellaneous items list 1 006 410 dollars. Expenditures total 2 500 000 dollars.
MENTIONED IN THIS ARTICLE
National Bank
Eee Revenus
Oustomas
Protracted Local Exchange Session Signals Market Activity
A lengthy session at the local exchange drew heavy attendance and a surge in trading. Weakness in Washington Gas and Railway Preferred shifted to common, with large blocks traded and prices fluctuating around key levels as bonds and other stocks saw broad activity.
MENTIONED IN THIS ARTICLE
Washington Gas and Railway Preferred
Seeveral
Banks Press Reform to Bring Trust Companies Under Clearing House
New York bankers urge clearing house reform to require trust companies to meet cash reserves and join clearing rules. William A Nash of Corn Exchange Bank calls for separate bank type tables in the weekly statement and for trust firms to be subject to clearing house oversight. The issue splits bankers who fear a nationwide danger if trust companies stay outside the system.
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 Prices Swoon on Northwest Supplies
Liberal receipts in the Northwest depress futures as December wheat falls while corn and oats rise modestly. Bulls support and improved demand for catch wheat provide brief firmness before late-day selling erases gains. December closes near day lows with weak receipts and steady to firm corn and hog markets.
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
Market report shows mixed metal prices and firmer local tones
The Twondon tin market closed at £148 1s spot and £4147 158 for futures amid generally higher copper with spot at $2.35 82.65 locally. Lead rose to 4.05 4.90 in the local market, while iron remained firm abroad and foundry grades showed mixed quotes.
MENTIONED IN THIS ARTICLE
Jersey
Twondon
London
Standard Foundry
Middlesboro
Northern Ia
Northern
Southern
New Counterfeit One-dollar Note Reported in New York
Chief Wilkie of the U S Secret Service announces a new counterfeit ten note dated 1901 with blue and red silk fibers. The photomechanical reproduction is longer than genuine and features a darker serial number and back print. It appeared in New York passing a subway ticket agent. detection credited to Cashier Marcus of an urban railway.
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 Markets See Mixed Wheat Decline
Widespread activity showed wheat futures slipping after early bullish whispers on Russia crop. Spot corn and oats remained subdued as receipts and exports tallied. prices edged lower late session. Reports noted dull barley trading with slight gains in some futures amid overall weak tenor.
New York Produce Prices And Market Notes
New York produce markets show firm beans and steady receipts across categories. Butter cheese and eggs hold unchanged. poultry mixed with Western goods weaker for some items. flour steady but quiet with exports. oats and rye flour steady. cornmeal hay and hops steady. hides leathers wool beef pork lard and oil mostly steady. coffee sugar and molasses quiet. Irish trade remains firm with long dull freight.
MENTIONED IN THIS ARTICLE
New York
Qet
Liverpool
Stehm
Jez
Grabs
Een
Long Urland
Vier Mnestic
Washington Produce Market Report Snapshot
Arrivals of fresh stock are light and market firm with undergrade stock dull. Butter receipts show defects though high grade sells, while peeking stock and prices adjust downward. Live poultry demand remains active as stocks clean up. vegetables show oversupply with light produce like potatoes and cabbage fetching modest prices.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
Tennessee
North Carolina
Rt Luce
Hale-Bareal Haniet
Washington Cattle Market Prices and Rural Delivery News
Market listings show cattle and sheep prices by weight and quality across various grades, with calves and lambs noted. Separate items report Berlin banking advances and a tally of Rural Free Delivery routes and petitions, followed by an advertisement for a quinine cold remedy.
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Washington Railway and Bileotria
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GOO
Washington Railway and Electric Common
Washington Loans and Trust
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OSE
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Office Cor
8Th
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Nent
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