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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Oct 11, 1905

Page

29

Rise in Easier Money London Origin of Optimism

A cheerful Wall Street session followed London optimism as markets opened higher amid improved European liquidity and lighter money rates. Bank of England discount expectations eased as London prices rose. stock leaders included Consolidated Gas, Delaware and Hudson, Canada Pacific, and Manhattan Electric Railway with gains. The day featured strong opening, slight midafternoon plateau, then modest pullback with final advances, plus crop and bank news shaping sentiment.

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

Bond holdings of banks to be made public

The Comptroller of the Currency reports total bonds held by 14 850 banks and trusts exceed 3 500 000 000 with 577 000 000 in U S bonds and over 3 000 000 000 in other bonds whose nature is not disclosed A Bache canvas of banks will be published in a pamphlet by W C Cornwell outlining actual holdings and banker views.

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 Reported for Oct 10

Money on call firm at 4 1/4 to 4 1/2 percent with bids at 4 percent. Time loans steady at 5 1/2 to 5 3/4 percent for sixty to ninety days. Six months around 4 percent. Mercantile paper 3 1/2 to 4 1/2 percent. Sterling exchange firm with bankers bills at about 4.8535 to 4.8540 for demand and 4.180 to 82 for elligible bills. Posted rates near 4.8244 to 4.86. Bar silver at 81. American dollars steady. Government and railroad bonds steady.

New York Mercantile Paper Sterling Exchange

Wall Street Gossip on Market Rumors and Money Mood

New York chatter Oct 10 discusses a planned cave in rumors, Western plungers, Wabash issues, and Missouri Pacific under selling pressure amid earnings expectations. Canadian Pacific strengthens on London gains while insiders curb optimism. bears and bulls hedge positions as money conditions govern the outlook.

Toledo Missouri Pacific

New York and Baltimore Stock and Market Quotes Oct 10

Market dispatches outline receipts and prices across stocks, bonds, and commodities. It lists varied futures and spot quotes for New York stocks, United States Electric Light debentures, rail and utility bonds, and major exchange prices, with closing quotations and notable activity in grain and livestock markets from New York and Baltimore.

Washington Stock Exchange Notes and Personal Cure Ad

Washington market listings show Langton and Capitol Traction quotes with varied percentages and volumes. An unrelated testimonial from Mrs James McKim of Dunville Ontario claims Agnew's Cure for the Heart cured her heart disease after years of failure. For sale notices cite Stone & Poole and O'Donnell's in Washington with street addresses and prices.

James McKim Dunville Ont Agnew Stone & Poole O’donnell’s Pa. Ave

Washington Stock Exchange sees thin activity on holiday mood

The Washington Stock Exchange session shows subdued interest as many prominent members abstain. Trading picks up around gas and United States Electric debentures with large lots moved, while Washington Railway stock remains inactive and a planned auditorium project resurfaces amid renewed talk of a convention hall.

Washington Stock Exchange

New York Produce Prices Mixed Across Commodities

New York market reports quiet receipts across butter cheese eggs flour and lard with steady to firmer tendencies in some items. Copper and metal markets show a dull London close while local activity remains largely unchanged and prices vary by commodity and grade.

Baltimore Southern TEX Gs Baeler New York Lon- Gon London Qyte

Great Northern issues 250000 new shares at par

New York Oct 10 A circular signed by James J Hill announces a 250000 share issue of 100 par stock by Great Northern Railway to stockholders. Holders may subscribe up to 20 percent of holdings. Proceeds to fund temporary financial arrangements and to acquire new property and securities per board orders.

Great Northern Railway Company United States Cast Iron Pipe Company Great Northern United States Erie and Southern Railway New York James J. Hill Northern Pacific Board of

Wisconsin Central Plans New Interests Board Changes

New and strong interests have entered the Wisconsin Central property. No plan changes, but the company will push its programs more vigorously. Two directors added: Newerman Erb of New York and G M Cumming of New York. Newton Hrb succeeds John Crosby Brown. Cumming fills Dale’s former seat. Yearly gross earnings to June 30, 1905 reach 6,650,883 with net 2,276,547. Evening Wisconsin notes potential for a large traffic alliance linking Duluth and Minneapolis to the east coast via a through route with Pere Marquette and Erie Railway on the lake and beyond.

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 into Erie Railway

The absorption of the Great Central system by the Erie Railway was carried out in Cincinnati today. Directors of the Cincinnati Hamilton and Dayton become Erie directors, with four terms expiring and successors named. The 999-year Pere Marquette lease is transferred to the Erie, and the Toledo Railway and Terminal contract is revised for Erie absorption.

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 Elects New Directors for Three Years

Richmond Va Oct 10 The twelfth annual stockholders meeting of the Southern Railway Company was held at the general office. The fiscal year report ended June 30 was submitted and approved. Directors Samuel Spencer Charles Steele Harris C Fahnestock and Willam W Finley were elected to the third class for a three year term. Col A B Andrews acted as chairman.

Opposition to Harriman at Union Pacific meeting

Salt Lake City reports show James H. Hyde of New York dropped from the Union Pacific board. P. A. Valentine of Chicago elected, with other directors re-elected. Harriman interests held firm with W. D. Cornish and W. R. Kelley continuing leadership. Union Pacific Land Company meeting also held with Lovett elected to succeed Legrand Young. overall board retention.

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 Rapaperhalhne Seattle Union Pacific Tradera Canadian Pacific Shorts Bulls Thas Commission Standard Oil New York Stock Market State Pennsylvania United States Electric Light Norfolk and Washington Steamboat Capital Traction Washington Gas Mergenthaler 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 Ohto Brooklyn Rapid Transit Ena General Canedian Pacific Fort Worth Denver City New Hocking Valley Central Leather Japan Central Leather Pd Chesapeake and Ohio Alten Alton Louisville Nashvi Chicago Great Western Northwestern Mexican Central Mal St. P Mexican Central 1St Inc 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 Sr Wegaking Metropolitan Railroad Consolidated Gas i Northern Pacife Norfolk and Western Consol Oregon Columbia Railroads Delaware Huacon 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 Seaboard Line Southern Pacific Washington Gag Company Washington Gas Com General Electric Southern Railway Serson H Texas and Pacific Iste Hocking Valley 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 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 Chesapeake and Potomac Meraenthaler Linotype Atockse Washington Maret Norfolk and Washington Steamboat 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 United States Rubber United States Steel Carolina Ghemtoat Carolina Ghemtoat Vg -Carolina Chem, Pfa Wabash Wabash Pfa Wheeling and Lake Wisconsin Washington Stock Exchange Langton Washington Railway and Electric Washington Railway and Electric Common Reese IK Local Financial Washington Railway Mergenthater Lanston Thie City Lansten F Street 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 W. B. Hibbs & Co New York Stock Exchange Chicago Board of Trade Tamaryceevscveveseeree American Northwest Minneapolia Buluth Bulljah Pavernment 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 Building Sonmreae Bree Bee Rome Life Wade & Hedges M. J. Sage & CO Warder Building 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 Loan CO F Street Nw Atlantic Building Surety Loan Company Warder F. Ye Lpward Building and Loans Association Newspaper Hiphie
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