Prices Advance as English Bank Rate Rises to Four
New York stock market climbs on renewed demand and a buoyant tone amid news of England increasing its bank rate to four percent. Steel shares lead the rise as investors assess the impact on American borrowers and the discount rate. Bargain hunters return despite thinner volume. large withdrawals of gold hint at tighter money conditions.
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New York
York
Hank of England
London
AL Rimnanen
Amerinin
Bank of England
Uome
New York Money Market and Cotton Futures Highlights
Money on call remained firm with bids around 4% to 5% and active trading for 60 to 90 days. Exchange rates steady as bankers’ bills quoted around 4.25 to 4.30 for today and demand at 16.10 for a rush. Southern cotton futures rose to season highs amid firmer spot demand, with September up several points and other months mixed. market closed uneven after early gains amid weather concerns and speculative buying.
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New York
AE Tims Ioana
Moreattle Osyer
EKO
Plendy
Brat Howe
Bayera
New Orleans
Orleana
Oetader Everrservers
Wan
Livestock market brief from New York and Chicago
Receipts listed for New York cattle and hogs with quiet trading. Cattle in Chicago described as slow and steady with mixed classes. hogs show steady to brisk demand. Sheep and lambs noted with moderate supplies and price shifts. overall market activity appears subdued in both cities with assorted prices for various classes.
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New York
Breves
Chicago
Gayamas
Saint
Washington Produce Market Prices and Livestock Quotes
Fragmented OCR of wholesale price list for produce and dressed poultry plus cattle and wheat and corn futures. Includes per pound prices for turkeys onions grapes box oranges and other items, with cattle hogs lambs calves and dairy notes, plus market notes on wheat and corn futures and exports.
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Ihecamies
Ieee
Baskat
Basta
Bae
Ater
Wheat Leads Grain Rally on Chicago Board of Trade
Wheat prices rose sharply with December lead up about 2 percent as big millers and buyers increased demand. Corn and oats followed gains, while provisions also moved up. Closing prices stayed firm near session highs with favorable demand and earlier weak opens ignored.
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Board of Trade
Docimber
Mey
Ian
Slosleg Agurex
Jaustyard
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New York Produce Market Report October 14 Prices and trades
Western chickens dressed weak. Butter firm receipts creamery 21 23. Eggs firm receipts 22,102. Flour receipts 29,184. Rye flour firm. Copper and tin markets steady to higher in London. Wheat market tight in Maryland and New York with spot gains and futures. Corn and oats firmer, rye firm Western No. 2.
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Del
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Tnt
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London
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St Conls
Cleveland
Glead
Foundry Northern
Southern
Houtheen Soft
Vellimore
Tirmer
Onchgngad
Wall Street Gossip Highlights Shift Toward Corporate Deals
The Washington Post special notes dividend increases and corporate developments offsetting market gloom. Atchison United States Realty Pacific Coast gains, Missouri Kansas and Texas control sold to Rock and Hawley interests. Bank of England raises rates. New York bonds slip amid city finance politics. United Copper anniversary marks stock surge and panic. New York Central fall order eyed for 1910, pending Vanderbilt and Brown trip.
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Washington Post
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Hawley Yosk vm Party 1A MK and T Board Reorganized
New York Oct 4 Following up on yesterday's announcement of a change in Missouri Kansas and Texas Railroad control a meeting of the executive committee elected Edwin Hawley Yoakum Hans Winterfeldt Frank A Vanderlip and Frank Trumbull as directors replacing Adrian H Joline B W Maguire Henry W Poor J G Metcalf and Charles Mesara Hawley Yoakum Winterfeldt Vanderlip Trumbull and Wallace form the new executive committee Hawley elected chairman and A A Allen former vice president and general manager named president in place of Joline who remains general counsel Mr Winterfeldt is a Speyer Co partner Mr Vanderlip heads National City Bank and is linked to Hawley through Chesapeake and Ohio Mr Trumbull formerly led Colorado Southern Railroad before its sale to the big interests.
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Hawley
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Joline
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Speyer & Co
National City Bank
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Chesapeake and Ohio
Colorado Southern Railroad
Lovett Elected Director of Baltimore and Ohio RR
On Oct. 14 in New York Judge Robert 3 Lovett was elected a director and member of the executive committee of the Baltimore and Ohio Railroad Company to fill vacancies caused by the death of Mr Harriman. Directors adopted resolutions expressing sorrow and praising Harriman as dauntless, farsighted, and broad-minded.
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Robert 3. Lovett
Baltimore and Ohio Railroad Company
BH. Harriman
Harriman
Orders for steel cars and rail dividends rise
The Washington Post reports the Great Northern Railway ordered 1,000 heavy steel cars from Pressed Steel Car Company at over 31 million dollars. The New York Central system seeks bids for 4,000 more steel freight cars. Nail prices rise to 1.80 per keg large lots and 1.20 small lots. Sheet bars up 1 to 29 a ton. Bessemer billets at 27 with 0.80 rise. Basic pig strong at 17, 1,000 tons sold Monday. Norfolk and Western declares semiannual 2.5 percent dividend, boosting stock basis to 5 percent.
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