Market Buoyancy Fades Amid Rumors On Wall Street
The Washington Post notes early market strength on October 1 as large financial interests are said to have bought to steady prices amid selling pressure. Rumors about pools and credit strains on Wall Street firms trigger renewed selling, leaving prices irregular with few large gains. Copper prices slip, with expectations of production cuts and copper demand described as tepid, while bank deposits and sterling exchange show volatility.
MENTIONED IN THIS ARTICLE
Wall Street
Washington
New York
Sfore
London Stock Exchange
Nortories
Boston Closing Prices Local Financial News
Attendees at the local board session reported satisfaction with the day’s results. Money on call in New York averaged 3 1/4 percent while local investors remained ready to accommodate legitimate merchant interests. Railway and electric shares were heavy though demand remained intact after call. Bank shares showed dull activity with little change, and several issues traded at or near quoted values. Lanston Company is expected to declare its regular dividend on November 1. The Columbia Fire Insurance Company announced its usual November 1 dividend. The opening of the Metropolitan National Bank building drew hundreds of citizens to celebrate and tour the new headquarters.
MENTIONED IN THIS ARTICLE
New York
Washington Railway
Second National
Lanston Company
Columbia Fire Insurance Company
Metropolitan National Hauit
Hunsrada
Stock Exchange
Heguler
Washington Reidy
Techria de
Patoman
Second National Rams
Washington Loan and ‘Trust
United States Trust
Eali
Washington Mallway
Flertile Proais
Ateh
Serred
Fotlaw Ia
Yestar
Adams Express
Kwusss
Pt Aocays
Bacbaage
Mactena Central
Governiert Bonts
Fevndey
Alinacapolis
SI. PB
Baal Ste
Distri Bae
Cotten
Ba Tools
SCP
Sle
Fias i
Hook of
Columbia
JofMiiasourl Pacite
Wastlogtos Gow Coma
Iidjarn ‘Fildes and Laathee
Iti Rn Gava
Miesoorl
Kansas
Texas
Potomac
PrilereaOr
Ana
York Central
Lacomotlyy
Sersalitan
Western
OlNorta Americas
Northern Pacifc
Anaconda Sciaing
Potomae Electric Light
Mato Auchigo
Pennayirania Ratsgy
Ipittsburg
Geaad He W
Washlngton
Danimere
Ohio Pis
Astell Toe
jPresven
SUBIC
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Trane
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Atvo
Canadian Pacifiess
Wesleyton
Central of
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Teeading
Norfolk
Washington Steamoat
Centrat
Washington
Repubtte
Republic Steswen
Chocepeais
Alan
Sum
Lanston
Tetheago T
Cy Gand St
Sahise
Southwestern Ptd
Seid Igalorado
Foo
StensSheMeld Steel
Ara Shety GraeneCeuanca
Southern Railways
Southern
Bouthern Railway
Nitogat
Ifarm Products
Iain
Scibony Tmd
Facite
Tenniessen Coal
hise_ jras Colemb
Wuloy, Wes
Bhcon Sas
Delaware and Hudson, Et Juss Hsa
Toledo
Louis A West
Barmers and
Mdahantee
Ter
Dermuce, Lack, and Weaso
Aso
LouisToteds
St L
W. Td
Denver
Wis Grande
Anl
American Secusity
Sreinen
Raton
Union
Tram Co
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Ceol Lnsaia
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Wanhington
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goolWentarn Union
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New York Stock Exchange
Chea Gorman- Amatai
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Washington Stock Exchange
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Washington Markt Union
New York Bond Market Treasury Update October 14 1907
Treasury figures show customs receipts of 76930950, total receipts 39508518, and gold and silver holdings across divisions. Market notes include discount rates, exchange values, and outstanding government securities as of the day, with references to rail and industrial instruments and general financial condition.
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Chas
Chipara
Lake Bista Wiecone
Giponditaras
G'mets Tedete
Nat Roar
Hohe Natiuat “Bane
Acai Fos Tadentoa Segasetes
Dayra
Som
Ouver
Washington Produce Market Prices and Supplies Summary
Prices for butter cheese eggs poultry and vegetables are shown with widespread increases and mixed demand. Regions include Virginia North Carolina Maryland and New York with noted notes on creamery products and wholesale dairy and produce items.
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Tran
Vinelata
Worthirginia
Virginia
Tanntesea
Mgie
North Garvllna
Janey
North Carolina
New York
Cholee
Springers
Umall
Neas
West Patataen
Ersbar
Barnert
New York Produce Prices and Market Notes
Kew York produce items list diverse commodities with quantities and market terms. Mentions butter creamery cheese rye flour leather beets sugar and coffee with assorted prices and regional notes from Western spring and Pennsylvania lines.
Wheat Receipts and Prices Hit Highs on Mixed Market
New York grain notes rising wheat prices amid heavy receipts of 257 000 bushels and reports of export activity. No 2 red and No 1 Northern Duluth bids shown with gains around 1 percent, while No 2 hard winter and other classes range lower as traders digest futures activity and rumored actions by authorities.
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Duluth
Houmaoy
Ife
Latglisk
Aig Duchele
Orive
Arcive
Teich
Apollo
New
Chicago Grain Market Summary and Prices
The Chicago grain report shows a volatile session with futures closing mixed as traders weigh liberal trade gains against large shipments from India. Prices moved widely around the day with December wheat slipping to near 66 and nearby notes showing varied bids amid notable receipts at major exchanges.
Daily Gotton Market Report Improvised Notes
A garbled market recap from a daily cotton market page mentions backers and traders in New York and Washington with references to exchange rates and price movement. It notes general price pressure, occasional price drops, and some unclear mentions of vessel costs and futures activity, all amid a noisy, error-filled transcription.
Wall Street Gossip on Organized Price Support Tactics
A New York Post report outlines rampant market rumors that large interests planned to support prices after a weak Saturday close. It notes supposed conferences, bear resistance, and big short interests in United Copper, United States Steel, Pennsylvania, and New York Central as stocks moved erratically on the London and New York exchanges.
MENTIONED IN THIS ARTICLE
Wankington Post
New York
Sewell
Guggenheim
American Smelting and
London
United Copper
United States Steel
Pennsylvania
New York Central
Metal Market Slumps as Prices Dip Across Commodities
Oct 14 reports show Tendon tin prices easing with spot at 4 pounds and futures around 257. Copper remains weak with notes of further decline and shares in London trading lower. Market activity across metals including lead, zinc, and related alloys shows a generally soft tone with quotations faltering and some prices listed in varied figures.
MENTIONED IN THIS ARTICLE
Opper
Hai
Jake
London
Siva
Ctandast Foméry
Clovaland
Bie
Railroad hearings set for October sessions in Omaha and NYC
The Interstate Commerce Commission announced hearings in Omaha on October 28 and Kansas City on October 31 to examine express companies purchase and sale of commodities. Special Examiner George N Brown will preside. Additional cases in New York City include disputes over overcharges on mixed carloads and price discrimination across several carriers with hearings set for October 28 to October 30.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
Omaha
Nebi
Kansas City
George N. Brown
New York City
Wabash, Baltimore and Ohio
New York, Chicago and St. Louts
Federal Sugar Refining Company
Yonkers
Baltimore and Ohio
Buffalo Union Furnace Company
Lake Shore
Michigan Southern
Prussian Railways Sign 3-Year Steel Contract
Berlin Oct 1 The Prussian state railway administration signed a three year contract with the German steel syndicate for rails and steel trex for the railway department. The bids averages were used but amounts are not disclosed. The contracts ensure stability to the steel industry until 2010. Negotiations are pending for a similar coal sub slate for the same period.
MENTIONED IN THIS ARTICLE
Prussian Railway Administration
Berlin
Prussian State Railway Administration
German Steel Syndicate
Butler and Johnson Fail on Margin Calls in New York
The failure of Butler & Johnson, members of the New York Consolidated Stock Exchange, was announced today. Some clients did not answer margin calls, cited by J B Johnson, junior member, as the cause. The firm organized four years ago and had several out of town branches. No statement of assets or liabilities was made.
MENTIONED IN THIS ARTICLE
New York
Butler & Johnson
New York Consolidated
J. 8. Johnson
Silver Falls in London Amid Indian Selling
London silver prices slide sharply by one penny to 277 34 as of today, marking a 2 14d drop since September. India leads selling with China also unloading while New York notes unsettled outlook. Market activity appears steadier after afternoon support but overall tone remains cautious through afternoon trading.
MENTIONED IN THIS ARTICLE
India
Lension
China
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