Price Moves and Bank Strains Across Markets
Short-term money rates firmed with call money near 8 percent and 6 to 7 percent on loans. Bank of England reports a weekly cash loss over 4.1 billion with reserves dipping to 28.6 percent, fueling talk of higher discount rates. Russian loan expectations, foreign liquidation, and flat European markets dominated by money-fee shifts and modest industrial gains led by American Smelting, Sugar, Car and Foundry, and United States Cast Iron Pipe amid cautious trading.
MENTIONED IN THIS ARTICLE
American Smelting
American Sugar Refining
American Car and Foundry
Federal Mining and Smelling Preferred
United States Cast Irom
Tennessee Coal and Iron
Republic Steel and Iron
Sterling Exchange
Norfolk and Western
New York Stock Market and Money Rates Report
New York money on call stays strong at 6 8 percent with bids at 6 percent and offers at 6 percent. Time loans firm with sixty days at 5 percent and ninety days at 5 percent. Sixty day and six month rates noted. Sterling exchange weak with bankers bills around 4.8525 to 4.8630 for demand. A NYSE seat brought 35,000 dollars, a new high record. Bucklen’s Arnica Salve praised for burns and cuts with wide availability.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
New York Stock Exchange
New York Cotton Market Mixed Closing On Decline
The New York cotton market ended barely steady with a net decline of 5 to 8 points amid irregular fluctuations and bear pressure. Sales estimated at 225000 bales. opening steadied before selling off, then rallied on covering and state demand, but late trading saw prices retreat to the day's lows.
MENTIONED IN THIS ARTICLE
Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board
New York
Wall Street Gossipy Prices Drive Absorption Speculation
Special to The Washington Post reports in New York that Brooklyn Rapid Transit traded up to 723 8 and faced absorption talk with Long Island consolidation, while traders note scarce stock for sale and potential gains from a bullish stance. Atlantic and Gould issues show stubborn resistance amid volatile messages about dividends and sector strength.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Brooklyn Rapid Transit
Illinois Central Report Shows 1905 Net Income Rise
Chicago October 5 The annual Illinois Central Railroad report for the year ended June 30 1905 lists net income of 10135341 with surplus dividend fund 11861108 and dividend paid 6652800. It notes increases in gross receipts from traffic and other items including operation costs taxes and charges.
MENTIONED IN THIS ARTICLE
Chicago
Ilinois Central Railroad Company
Grosa
Eugene
Som Paris
Wall Street Style Trading Surges With Record Bonds
The market showed strong buying and rising prices across Washington Railway common and preferred. Demand for Gas stock remained vigorous, with limited supply and brokers profiting from quick profits, while bonds in Washington Railways hit a new high.
MENTIONED IN THIS ARTICLE
Washington Railway Common
Gas
Haiti
Pean
Toom
Stock quotations and closes from Washington Exchange
Closing bid quotations and traded prices for Washington stocks and bonds, including Washington Railway and Electric preferred and common, Capital Traction, Norfolk and Washington Steamboat, National Safe Deposit and Trust, Union Trust, Washington Gas, and other local securities. Includes district bonds, miscellaneous bonds, and insurance stock values with buyer and seller notes where legible.
MENTIONED IN THIS ARTICLE
Wshington
Norfolk and Washington Steamboat Ie
Capital Traction
Washington Railway and Electric, Preferred
Washington Railway and Electric
National Safe Deposit
Union Trust Company
Edie
Washington Gaa
Mergenthaler
Lanston
Graene Copper
Stock Exchange
District of Columbia Bonda
Cha
Philippine Land Purchase
Railroad ponie—Capital Traction Railroad
Metropolitan Railroad
Columbia Railroad
City and Suburban Railroad
Anacostia and
Potomac
Washington Railways and Electric Ds
Bristol Gas and Electric Fa
Washington Gas Company
Washington Gag Company
Abbington Ga
United States Electric Light
Chesapeake and Potomac ‘Telephone Is
Washington Market Company
First Ds
Potomec Electric Light
Norfolk and Washington Steamboat
National Safe Depost and Trust
Washington Loans and Trust
American Security and Trust
Washington Sefe Deposit
Washington Savings Bank
Home Savings Bank
Union Savings Bank
Canital Traction
The
Washington Railway and Eléctric
Bristol Gas and Electric
National Bank
Bank of Washington
Metropolitan-Citigang
Sentral
Farmers and Mechanics
Beyond
Columbia
Capital
American
Linccain
Rigas
Piremen's
Franklin
Metropolitan
Corcoran
Botamat
Arington
Bank of England Holds Discount Rate At Four Percent
London October 5 The Bank of England kept the discount rate at 4 percent, surprising bankers who had expected an increase to 6 percent. The hesitation follows anticipated gold shipments from India and hopes they will offset recent losses. If Paris and Berlin draw further on London, a rise next week is anticipated as the bank aims to lift outside rates to the bank rate by calling in loans.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Amy
Bank of England
London
Bank of France
M. Witte
Paris
France
Holland
Germany
Imperial Bank of Germany
Lehigh
Valley
Reading Common
Erie Common
Canadian Pacific
Sige
India
Central Financial Institution
Herlin
Bucket Shop Inquiry Involving St Louis Board of Trade
Grand jury probes methods used in bucket shops at the Merchants Exchange in St Louis. Circuit Attorney Sager summons several members and officials to testify on Exchange transactions while overall practices remain under review. Attorney General Hadley arrives to join the investigation.
MENTIONED IN THIS ARTICLE
St. Louis
Hadley
Jefferson City
New York Grain Prices and Wheat Marches Higher
New York market reports dull start with wheat firming on Bull interest and large Minneapolis trade, December at 88 9-18 to 89 percent, May around 88 12-14. OGRN receipts 82,776 bushels, exports 43,786, spot firm for No 2 at 58 34 elevator and afloat. Oats receipts 215,800 bushels, mixed and natural white oats varied in price.
MENTIONED IN THIS ARTICLE
New York
American Tobacco
Hi Atchison General
Atchison Adjuament
Atlantic Coast Line
Baltimore
Ohin
Laltimore
Ohia
Teoorgia
Central of Georgia
Central of Georgia 3d Inc
Chesapeake and Ohio
Tyes
Chicago
Alten
Burlington and Quincy
New
Chicago, & i and
Pacife Krr
R I
Pacific & R
C c
St Louis
Taga
Erie
Fort Worth
Denver
Ists
Ny Hocking Valley
Japan
Loulaville
Nashville
United
Manhattan Consol Guides
Mexican Central As
Mexican Central
Ist Inc
Minneapolis
St. Louis
Missouri
Kansas
Texas
Kansaw
ST National Railroad of Mexico
Consol
New York Central General
Jerry Central
Northern Pacific
Norfolk and Western
Oregon
Pennsylvania
Iron Mountain
Hic
Adams Exprass
Joes Sad Amalgamated Correr
Woundry
American Cotton Gil
American Express
Securitves
American Line
Aly American
AOL
Anaguoda Mining Co
Atchison
Atchion
Central of
Delaware and
Hudson
Lack
West
Rio Grande
Boy Distillers’ Securities
Erle
Fria
Great Northern
Illinois Central
International Paper Pi
International Pump
Owa Central
Iowa Central
Kansas City Southern
Kansas City
Lousville
Much Yille
Tex
Vail
R. R
Mexico
Pacific Man Persylvania
HUY de Reuple’s
Piurb
Republic Steel
Republic Steel Pick
Rock Island Co
Hockslam Co
Rubber Goode
floss-Shefield Steel
St Louis Southwestern
Union Pacific
United States Express
United States Realty
United States Rubber
United States Steel
United States Steelpta
Va -Cara, Chemical
Wells
Western Union
Wheeling
Lake Erie
Wisconsin Central
Maine
Long Island
State
Jersey
London
Standard Foundry
Cleveland
Foundry Northern
Foundry Southern
Duluth
Minnesota
Southern
Chicago Grain Market Reports Mixed Wheat Up on German Purchases
Confirmation of German wheat purchases at Duluth supported a firmer tone in Chicago trade. December wheat rose to 4 84 percent early, closing around 4 84 in a day of bullish corn and steady provisions. Local receipts varied, with strong export demand cited as a key factor.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
I Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Chicago
Duluth
Confrming
Germany
Keaston
Long
Opte
Batimatad
Baltimore Markets Report Quiet and Steady Across Grain Prices
Baltimore markets show quiet activity with steady prices in flour and grains. Wheat and corn firm with mixed spot and future quotes, oats and rye holding. butter eggs cheese and sugar unchanged. receipts noted for several grain categories and freight activity stable.
Livestock Market Receipts and Prices Reported
New York and Chicago market data shows receipts in the thousands with cattle and hog numbers. Veals and calves trend lower in New York while sheep and lambs remain steady. hogs mixed but steady. Chicago cattle receipts total about 10,000 with higher steers and active demand. packers’ demand strong for shipping and mixed lots. Government receipts and internal revenue tallied, with $623,774 in bank notes redeemed and $1,087,000 in miscellaneous federal revenue recorded.
MENTIONED IN THIS ARTICLE
New York
Indiana
Lara Poung
Alcohol in Medicine Faces Drug Influence at Convention
Dr. Thomas H. Atkinson returns from Boston where he attended the National Association of Retail Druggists meeting with 800 delegates. The convention established a scientific branch to study drug adulteration, promising benefits to druggists and customers as the industry reports prosperity. He argued government tax on patent medicines with alcohol will affect few products due to active drug ingredients and dose considerations. He warned enforcement difficulties and potential public injustice if the law is applied rigidly.
MENTIONED IN THIS ARTICLE
Thomas H. Atkinson
Boston
Washington Retail Druggists' Association
National Association of Retal Druggists
Atkinson
Thevernment
Missing quarter million in Alamosa Bank collapse
Alamosa bank failures reveal about $250000 unaccounted after the bank closed on Monday. Owners Herman Schiffer of New York Abraham Schiffer and Isaac Schiffer of Alamosa are absent. Assignee G W Brickenstein says 000 of depositors money went into a mining venture at Idaho Springs Baltimore and Return.
MENTIONED IN THIS ARTICLE
Alamosa
Alamosa Bank
Herman Schiffer
New York
Abraham Schiffer
Isaac Schiffer
G. W. Brickenstein
Idaho Springs
Also Mentioned on This Page
NEW York Stock Market
W.G. Hibbs & Co
Rivenbark
Norfolk
Bucklen
Peceneus
Mig
Calveston
New Orleans
Bavannah
Cherteston
Wilmington
Houston
Memphia— Pleady
St Loula
Britain
Continent
Great Britain
NewspapernRin
Wall Street
Gould
Louisville and Nashville
Louisville
Illinois Central Report
Local Financial
Washington Railways
Union Trust
Washington Safe Deposit
Greene Copper
Norfolk and Washington Steamboat Company
Mitchell Mining Company
John A. James
Warton
Ont
Hed
O'donnell’s
Pa. Ave
Mats
Nterica
Wenhington ‘Gas
Ginowne
Vent Politared Sopper
Berearcane Sakaee
Fagin Waalen
Ranly ‘Appraland * Agency Company
Bank of
Bucket ‘Shop
NEW York Grain
Chicago Grain
Polfetes
Whexs
J. F. Hilsman & Ca. Adlinta
Colorado
Baltimore and Return
Pennsylvania Railroad
Congressional
District of Columbia
Walter H. Acker
F .Lw
Building Association
C. A. Baker
Meigeratt
Harrison-Browning Co
MT Gat. Nw
INTER
Loar
Thos
J. Fisher & Co., Incorporated
D.C. Ral
F. H. Smith CO
Bend Bldg
N. Y., Ave
Moore & Hit. Inc
14Th St. Aw
A. Pb, FO ., Inc
M. Yore & Song
Lony
District OF CO. Mead
Maryland
H. Bradley Company, Inc
WM. H. Saunders & CO
Tyler & Rutherford
Uocorporated
F St. Aw
D. C
Fom
Fairfax
A. E. Hoon
REE
People's Savings Bank
610Th St. Nw
Joseph Cahn
American Express CO
Sara
Traders National Bank
Activa Aecounts
Opens & Savings
Francia H. Smith
Alvin M. Lothrop
Lett
Press
Desi Ale Mated Dei
the of the Philippine Islands
Ernatio Slanking
Direc Org
America
Washington Office
G St. N. W
R. A
People’s Gaslight & Coke Co
WM. A. Read
Swartzell, Rheem & Hensey Co
Warner Building
F Street Northwest
M.A
Arthur Wall
Lynn, Wall & Co
Adams Building
Ste
Oficen
Ground Floor
Tel
Tien
N. W
U. S
Washington Loan & Trust Co
Office Cor
F Sts
John Joy Edson
John A Swope
Ellis Spear
Andrew Parker
Harry G Meem
Boyd Taylor
Thomas Bradley
Riggs
Tsenes
Doy
Sella Exchange
U.S. Treasury
Wade & Hedges
M. J. Sage & CO
Warder Building
Cor
9Th and
Fats
Heiskell & Mulgran
F ST
Citien
Tolman
Corcoran Brig
Dte
Building and Loans Association
National Mortgage Loan Company
Link Mutual Loan and Trust
St. N. W
Joan
Metropolitan Loan & Trust Co
E Street
Leas Than & Com
Jeas
National Loan and Investment Co
Sts. N. W
U. S. Treasury
Capital Loan Co
Potomag
Atlantic Building
Jonn
Warder