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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Oct 07, 1909
Page
2
Market text describes a cautious Wall Street session with broad activity and uneven gains. Call money tighter, Bank of England discount rate under discussion, and several rail stock developments appear as traders weigh next moves.
The page reports lengthy quotations from the Washington Stock Exchange and New York markets, noting total sales and daily movements. It cites varied prices across stocks, bonds, cotton, copper, tin, and livestock with multiple named markets and exchanges, including figures from gold and treasury instruments.
The report outlines varied commodity activity in New York in October, listing steady to firm prices for poultry, flour, corn meal, eggs, rye, and fats with receipts and market notes. It notes wheat and corn futures, hull movement suspicions in Chicago, and steady to unchanged prices for seeds, oils, and nuts amid mixed export and domestic demand.
A Washington dispatch notes steel trades setting new turnover records with 1500000 shares traded and a one point loss in the day. The Atchison dividend may rise to 6 percent as Pennsylvania directors enter the board amid speculation. Frick and Rogers’ positions shift after new representation claims, while Union Pacific ties loosen. Erle shares and New York Central show gains as cotton oil stock climbs, fueling broader market chatter on cotton reports accuracy.
An early 20th century style medical ad promotes Ayer’s Pills to stimulate the liver for constipation and biliousness, claiming years of availability and urging readers to consult a doctor if uneasy. The copy notes bedtime use and health benefits despite garbled wording.
The wheat market showed strength only briefly as selling by shorts and mixed cash bids limited gains. Prices closed slightly up for wheat but corn remained soft, with local cash markets and futures pressured by liquidation and light demand for grain.
Baltimore markets report mixed grain and feed receipts for October including western domestic shipments. Notable bids and prices per bushel cover wheat corn oats timothy and mixed feeds with regional origin notes and warehouse receipts.
Fanamerican Import project promotes Madeira and Mamore Railway from the Madeira River to Bolivia through undeveloped interior. Aimed at connecting Brazil and Bolivia to Atlantic and European ports, with American and French capital and state cooperation. Dose and Ashmead, Chicago engineers, met officials en route to Brazil.
Louis C Wilson, district disbursing officer, published his annual report showing disbursements of 10,265,768 dollars for the year ended June 30, 1900 with no government funds lost. Of 58,897 checks issued, about 3,000 more than last year were unpaid when mailed. in all undelivered cases the checks eventually reached payees after payment was credited. A duplicate was issued in one instance.
Special to The Washington Fees Cleveland Oct 6 The Iron Trade Review reports a major deal with Cambria Steel buying 5000 tons of bessemer iron from central West interests for delivery in the first half of next year at 1240 per furnace. The piece notes rising pig iron production, car shortages, and price shifts across foundry and basic grades, with rail and steel sheet price rises and growing concern over further finished product gains.
An Oct news item reports a whisky price cut at Peoria and Cincinnati due to corn price declines. The basic price drops from 1.27 to 3.35 per gallon, with a 2 to 9 cent range explained by recent corn costs. Local officials cite the corn drop as the cause.
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