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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Oct 15, 1909

Page

2

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.

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.

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.

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.

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.

Board of Trade Docimber Mey Ian Slosleg Agurex Jaustyard Egees Ford

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.

New York Del Neasom Siewater Powlans York Barlpy Ainge Madel Jduil Gessers Moote Lake Tnt James Load Buuly Deliyerr London Spriter Elise 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.

Missouri Kansas Texas Hawley Kents New York Central Nto United States United Washington Post New -York Ochsler Smong Stock Exchange Atchison W. E. Vanderbilt Brown

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.

New York Missouri Kansas Texas Hell Lne Edwin Hawley Yoakum Hans Winterfelt Frank A. Vanderlip Frank Trumbull Adrian H. Joline BW. Maguire Henry W. Poor J. G. Metcair Hawley Oakum Winterfaldt Vanderlip Trumbull Wallace Mr. Hawley A. A. Allen Joline Winterfeldt Speyer & Co National City Bank Hawsley 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.

New York 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.

Washington Post Pittsburg Great Northern Railway Pressed Steel Car Company New York Central System Bessemer

Also Mentioned on This Page

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