Rise in Easier Money on London Optimism Sparks Wall Street
London optimism spread to New York as stocks opened higher led by British speculation. The day saw firmer gold prices and easing money rates, aided by hopes Bank of England may keep rates steady, plus bullish notes from Great Northern and U S Cast Iron Pipe. Major gains followed in Consolidated Gas, Delaware and Hudson, Canada Pacific, Pullman Palace Car, Manhattan Electric Railway, and Central Railroad of New Jersey. The market weakened briefly as money rates slid, leaving most gains intact amid strong industrial and crop news.
MENTIONED IN THIS ARTICLE
Washington Post
New York
London
Bank of France
Egypt
Bank of England
Imperial Bank of Germany
Paris
Berlin
Consolidated Gas
Delaware and Hudson
Canada Pacific
Pullinan Palace Car
Manhattan Electric Railway
Central Railroad
New Jersey
United States Cast Iron Pipe
Union Hag and Paper
Manhattan
Rand
Thas
Commission
Standard Oil
American Tobacco
Atchison General
Atchison Adjustment
Atlantice Coast Line
Balthmore and Ohio
Baltimore and Ohio
Central of Georgia
Chesapeake and Oklo
Chicago and Altonare
Chwags
Burlington and Quincy Nem
Chongo
Th. L and Pacific Railroad
RB and
Pacific Railroad
St. Louis General
Car and Foundry
American Cotton Oil
American Expres
American Ice Securities
American Locomotive
Smelt'y and Refining
American S. and
American Sugar Heming
Colorado India
Fet AL An. Tobacco
Certiz
Coloade Ind
Anaconda
Minny Co
Colorado Midlands
Atchison
Colorado and Southern Atchison Ufd
Cuba
Avlantis Coast Line
Lotte
Denver and Rio Grande
Baltimore and
Ohto S
Distillers
Securities
Baltimore
Ohto
Brooklyn Rapid Transit
Ena General
Canedian Pacific
Fort Worth
Denver City
New Hocking Valley
Central Leather
Japan
Central Leather Pd
Chesapeake and Ohio
Chicago
Alten
Alton
Louisville
Nashvi
Chicago Great Western
Northwestern
Mexican Central
Mal
St. P
Mexican Central 1St Inc
Minneapolis
St. Louises
T. and
Missouri
Kansas
Texas
C. C
St. Louis
Missour
Colorado Fuel and Iron
National Railroad of Mexico
Philipine Land Purchase
Colorado and Southern
New York Central General
Capital Traction Railroad
Colo
South
New Jersey Central General
Metropolitan Railr
Northern Pacific
Sr Wegaking
Metropolitan Railroad
Consolidated Gas i
Northern Pacife
Norfolk and Western
Consol
Oregon
Columbia Railroads
Delaware
Huacon
Pennsylvania
Columbia Railroad
del, Tack
Ane Wenrerass
Ofty and Suburban Railroad
Ana- Denver
Iron Mountain
Osecetla
Potomac
Washington Rail
Denver
Rie G
Sto-Lowip
Ind
Way and Electric Ds
Bristol Gas
Distillers’ Securities
St. Louis Southwestern Con
Erie
Seaboard Line
Southern Pacific
Washington Gag Company
Washington Gas Com
General Electric
Southern Railway
Serson H
Washington Gas
Great Northern
Texas and Pacific Iste
Hocking Valley
Toledo
Iowa Central Pt . Lust SD
Wheeling and
Lake Erie
Bate Depault and Trust
National Gate Do
Kansas City Southern
Nashville
Union Trust Company
Bbatte
American National Bank
Terday
Stock Exchange
District of Columbia
Ashington Raye Ee
M. St. Po
Ste. M
National Bank
Bank of Washington
Central
Farmers and Mechanica
Columbia
Capital
Lincoln
Riggs
Biremen’s
Franklin
Metropolitan
Corcoran
Artington
National Union
Riggs, & Peppie’a
Commercial
Colonial
Washington
Chesapeake and Potomac
Meraenthaler Linotype
Atockse
Washington Maret
Norfolk and Washington Steamboat
Missouri Pacific
Kana
Tex
National Biscuit
National
Lend Nat. BR
Mexico
New York Central
N. Y
Ontario
West
Norfolk
Pacific Mall
People’s Gas
St. L
Pullman Palace
Reading
Republic Steel
Rootesland Co
Ruck Istana Co
Pta Rubber Goods
Rubber Goods
Bloss
Sheffield Tech
San F
Union Pacific
United States
United States Rubber
United States Steel
Carolina Ghemtoat
Carolina Ghemtoat Vg -Carolina Chem, Pfa
Wabash
Wabash Pfa
Wheeling and Lake Wisconsin
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Tamaryceevscveveseeree
American Northwest
Minneapolia
Buluth
Bulljah
Pavernment
Bond Holdings of Banks To Be Published By Banks
A Wall Street Journal report from the Comptroller of the Currency shows total bonds held by 14 850 national and state banks and trust companies exceed 3 500 000 000. Only 577 000 000 are United States bonds. over 3 000 000 000 are other bonds with undisclosed types. J S Bache Co conducted a national canvass to identify actual holdings and views on bond policy, with results to be issued in a pamphlet by W C Cornwell, a noted finance writer.
MENTIONED IN THIS ARTICLE
Wall Street Journal
United States
J. S. Bache & Co
W. C. Cornwell
J. S. Bache, & Co
National Loan and Investment Co
15Th
Sts. N. W
U. S. Treasury
New York Money Market Rates and Exchange Data
Money on call firm at 4 1/4 percent with bids at 4 percent and offers at 4 percent. Time loans steady. sixty and ninety days 5 1/2 percent. six months 4 1/2 percent. Mercantile paper 3 1/4 to 5 percent. Sterling exchange firm. bankers bills at 4.8535 to 4.8540 for demand and 4.180 to 4.82 for a creditor bills. Posted rates 4.82 to 4.86. Commercial bills 4 8 1/2 percent. Bar silver 81 cents. Mexican dollars steady. Government and railroad bonds steady.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Sterling Exchange
Wall Street Gossip on market rumors and money mood
New York Oct 10 There was talk of a cave by circulating rumors that Western plungers planned a market descent as money recovers. Wabash issues rose, Missouri Pacific faced under selling pressure and Union Pacific showed little movement under insider restraint. Bulls dominated yet real buying was scarce as traders eyed money conditions and earnings outlook.
MENTIONED IN THIS ARTICLE
Washington
New York
Toledo
Missouri Pacific
New York and Baltimore Market Reports September Oct Trading
New York stock and bond market receipts show mixed activity with cattle hogs and calves noted. Closing quotes list numerous railroad and industrial issues alongside United States Steel and Pacific lines, while Baltimore reports steady prices in flour wheat corn oats and grain futures.
MENTIONED IN THIS ARTICLE
Baltimore
Southern
TEX Gs
Baeler
Washington Stock Exchange quotes and classical notices
Washington stock quotes show bids in Langton and Washington Railway and Electric on preferred and common shares with varied prices and volumes. The file also notes a medical testimonial for Agnew's Cure for the Heart attributed to Mrs. James McKim of Dunville Ontario, and advertisements for Stone & Poole and O'Donnell's hardware outlets with street addresses in Washington, D C.
MENTIONED IN THIS ARTICLE
James McKim
Dunville
Ont
Agnew
Stone & Poole
O’donnell’s
Pa. Ave
Washington Stock Exchange trading and plans for a new hall
The Washington Stock Exchange activity shows a lively session with varied shares, 3645 volumes, and holdings across Washington Railway, Capital Traction, Mergenthaler and Lanston, while debentures and bonds attract interest. A luncheon at the American National Bank and a renewed push for a convention hall or auditorium building are noted, with key bankers invited and a focus on securing a large new venue.
MENTIONED IN THIS ARTICLE
Washington Railway
Mergenthater
Lanston
United States
Stock Exchange
New York Produce Prices Mixed Across Commodities
New York market notes quiet receipts for butter and flour, with cheese and eggs steady. Livestock and oils show slight firmness in places, while metal markets in London drift with copper dull and local quotes unchanged across grains and soft commodities.
MENTIONED IN THIS ARTICLE
New York
Lon- Gon
London
Qyte
Great Northern to Issue 250000 Shares at Par
Great Northern Railway Company announces a new stock issue of 250000 shares at $100 each. James J. Hill signs the circular. Shareholders may subscribe up to 20 percent of their current holdings. Proceeds fund temporary measures from litigation and enable acquisition of new property and securities as directed by the board.
MENTIONED IN THIS ARTICLE
New York
Great Northern Railway Company
James J. Hill
Northern Pacific
Great Northern
Board of
Wisconsin Central Plans New Interests on Board
New and strong interests have come into the Wisconsin Central property with no plan changes. New directors Newerman Erb of New York and G M Cumming of New York join Newton Hrb and Joseph Dale in shifts. Earnings for year ended June 30 1905 reached 6 650 883 gross and 2 276 547 net. A major traffic combination is seen forming a through route from Duluth and Minneapolis to the East.
MENTIONED IN THIS ARTICLE
Milwaukee
Wis
Wisconsin Central
Messrs
Newerman Erb
New York
G. M. Cumming
United States Mortgage and Trust Company
Wisconsin Central Railway
Newton Hrb
John Crosby Brown
Joseph 8. Dale
Wisconsin
Duluth
Minneapolis
Seaboard
Great Lakes
Pere Marquette Road
Orea
Lake Michigan
Manitowoc
Erie Railway
Erie Merger Completed Absorbs Great Central System
The absorption of the Great Central system by the Erie Railway was completed in Cincinnati Ohio on October 10. The Cincinnati Hamilton and Dayton directors became Erie directors. Four terms expired with successors Russell Harding Cincinnati Richard M Young New York Thomas J Walsh secretary and John B Bruce completing the slate. Directors approved transferring the 999 year Pere Marquette lease and adjusting the Toledo Railway contract for Erie absorption.
MENTIONED IN THIS ARTICLE
Great Central System
Greater Company
Cincinnati
Ohio
Great Central
Erie H Railway
Cincinnati, Hamilton and Dayton
Erie Railway
Russell Harding
Richard M. Young
New York
Thomas J. Walsh
Cincinnati, Hamilton and Dayton Company
John B. Bruce
Zimmerman
Erie
Walsh
Bruce
J. J. Robinson
Toledo
Lawrence Maxwell
Pere Marquette
Hamilton and Dayton
Toledo Railway and Terminal Company
Southern Railway Meeting Names Directors for Three Years
Richmond Va Oct 10 The twelfth annual meeting of Southern Railway stockholders was held at the general office. The fiscal year report ended June 30 190 was approved. Directors Spencer Steele Fahnestock and Finley elected for three years with Andrews presiding as chairman.
Opposition to Harriman at Union Pacific meeting
At the annual stockholders meeting in Salt Lake City James H. Hyde of New York was dropped from the board. P. A. Valentine of Chicago elected to the board. The Harriman interests led by W. D. Cornish and W. R. Kelley faced no opposition. The Union Pacific Land Company also met, re-electing its board with R. 3. Lovett succeeding Legrand Young.
MENTIONED IN THIS ARTICLE
Salt Lake City
Ocr
Union Pacific Railroad
James H. Hyde
New York
P. A. Valentine
Chicago
Harriman
W. D. Cornish
W. R. Kelley
Omaha
Union Pacific Land Company
R. 3. Lovett
Legrand Young
Also Mentioned on This Page
Wall Street
United States Cast Iron Pipe Company
Erie and Southern Railway
Seattle
Tradera
Canadian Pacific
Shorts
Bulls
New York Stock Market
State
United States Electric Light
Norfolk and
Washington Steamboat
Capital Traction
Mergenthaler
Langton
Washington Railway and Electric
Washington Railway and Electric Common
Reese IK
Local Financial
Thie City
Lansten
John Quincy Adams
Udshaoged
E. Adiom
Biti Goportes
Fa Aloo Heed
Foraigp
Seeahy
Foundry
Anes
Tise
Ny Bowtiern
Foundry Southern A
Wisconsin Central Plans
Southern Railway Meeting
The
Chicago Grain
International Banking Corporation
Washington Branch
St. NW
Caupital
Fisk & Robinson Bankers
Stoge Exchange
Gedar Street
State Street
Boston
U. S
Traders National Bank
George H. Harries
LG. Kimball
William B. King
Wilton J. Lambert
A. M. Lothrop
Theo W. Noyes
J. H. Ralston
John
Blemen
F. H. Smith
Robert BE. Bradledy
Street
Walter H. Ackhr
Building Association
C. A. Barr
Metzerott
D. G
Frank T. Rawlings
Ariinston Fire Insurance Company
Ia Harrison
Rowning St
Co. Incorporated
DB. G
Real Astate
H. Smith
Suma
D. C
Moorh & Eyl, Inc
4Th St
Igen Ieee
JAS. M. York & Sons
Maryland
Interead
J. H. Bradley Company, Inc
Tyler & Rutherford Incorporated
Stone & Fairfax
BE. Hoon
Reed
Corcoran Bldg
15Th St. Nw
People's Savings ‘Bank
Monx
Toseph Cahn
Sone Fer
Mirmmeanole
Liverpool
Sofa
Anita Fregiy
Faure Aag
Tigues
Cree Dept
Washington Loan & Trust Co
Offich Cor
F Sts
F. H. Smith Co
N.Y. Ave
M.a.phillips, Jr
Colorado
Stopeeen J. J. Hilsman & Co
Vira Deeda
Swartzell, Rheem & Hensey Co
Warner Building
Atlantic Coast Line
R. R
Iron Mtn
So. Ry
Jenkins& CO
Greulich, Martin & Co
Margent
FHONE
Arthur Wall
Lynn, Wall & Co
Adams
Sonmreiae
Bree Bee
API
Rome Life
Wade & Hedges
M. J. Sage & CO
Warder Building
Cok
Sth
Fats
Athent
Heal Estate
Kell & McLeram
Fenancial
Derik
N. W
Lewis Johnson & Co
N.W
Chesley & Spence
Ste
Halle & Stieglitz
Broad St
New York Stock
Hunter Docl
George J. Easterday
G Street
W.W
Ike Ng
Citizens Saver CO
Mercial Bank
Airiefly
Metropolitan Loan & Trust Con
E Street
Capital Loan Co
FN. W
Potomac Guarantee
Atlantic Building
Surety Loan Company
Warder
F. Ye
Lpward
Building and Loans Association
Newspaper
Hiphiye