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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Oct 24, 1905

Page

23

Markets Rally as Rail Congestion, Cotton Watch Drives Activity

New York stocks opened higher with gains led by industrials and rail shares amid improving money market sentiment. Cited congestion on Western railways due to heavy business limited car movement, while earnings reports showed uneven results from Missouri Pacific and Chicago Northwestern, with strong gains in American Car and Foundry and General Electric as profit-taking later trimmed advances.

St. Louis Isle Missouri Pacific Chicago and Northwestern Chicago, St Paul Omaha Yrica Alltis-Chalmers Common Preferred American Car and Foundry

Government bonds and markets report from New York

New York on Oct 28 reports money on call steady at 4 percent bid and 4 1/4 offer, sixty days and mosts days Cs percent, six months 4 1/2 percent. Sterling firm with active business in bankers' bills. Government bonds easy and railroads steady. Modifies Tobacco Order with a precise listing of imported bale contents to classify as either raw, mixed, or other.

New York Prime Mercantile Sterling Brecheres Sotecpe Marcial Bitte Capuita Bay Aliver Ori Bonda Stesdy Beere Shaw Washington Loan & Trust Co John Joy Edson JOHN A_ SWOPH Ets Ellis Spear Andrew Parker Harry G Meem Aoyd Taylor Thomas Bradley Harrison-Browning Co District of Columbia Heiskell & McLeran Putual Loan and Trust &O F St. N. W Commercial Bank W. Cor G Sts Wahder OFH Potomac Guarantee Atlantic Eut Capital Loan Co

Local financial market opens strong on stock gains

Prices boom as buyers surge and scarcity of shares drives activity on the exchange. Mergenthaler and Lanston led advances, with gas stock and Washington Railway issues trading heavily, while the market closed with broad gains and optimism. Reports note a large insurance stock sale, rising franchise values, and a new director to the National City Bank board.

Mergenthaler National City Bank Saley Washington Railway and Electric 4A Chesapeake and Potomac Telephones Norfolk and Washington Steamboatds Capital Traction Washington Railway and Electric Preferred Washington Railway and Electric Common Union Trust Company Washington Gem Gong Graphophone Stock Exchange District of Columbia Gis Philippine Washington Railway and Electric Bristol Gas and Electric Washington Gas Company Washington Gee Company United States Electric Light Chesapeake and Potomac Telephone Washington Market Company Potomaic Electric Norfolk Washington Safe Deposit End Trust National Safe Deposit End Trust Washington Loan and Trust American Security and Trust Washington Safe Deposit Union ‘Trust Company Washington Savings Bank Home Savings Bank Union Savings Bank Capital ‘Traction The Washington Railway and Hlestric Bristol Gea and Electric National Bank Bank of Washington Central

Wall Street Gossips On Allis-Chalmers and Major Electrics

Speculation in Washington New York reports that Allis-Chalmers may be owned jointly by General Electric and Westinghouse. Brokers see potential harmony and reduced competition if true, but note weak working capital limits near-term gains. Observers also track Pennsylvania strength, Nassau Electric, Brooklyn Rapid Transit, and rising interest in Union Pacific, Southern Pacific, and General Electric amid strong earnings outlooks and dividend expectations.

Commission Beurges U. S. Steel Corporation Chesapeake and Ohio Norfolk and Western General Electris Westinghouse Electric Allis-Chambers Company Norfolk and Western Sommea Wall Street Delaware and Hudson del, Lack and Weat Denver and Rio Grande Rio G Ee Distillers’ Securitie Bria Erie Boe Erie General Ec Hocking Valle Ilinois Central Ele Baal International Pump Sete International Pump Apage Town Town Central Kansas City Kaneag City Louisville Noahville Manhattan Ri Dean Central Inneapolia Bt. le Va Oe Pennsylvania Pullman Palace Teu Republic Steel Ary Rock Island Co St. L W. Pfa Br Union Pacific Cetaeons United States United States Realty United States Rubber United States Rubber Wa States Tool United States Steel Pea Teves Caro Chemical Pi Warach Wabashort Walls Fargo Express Westinghouse Mieoirt Western Union Wheeling Wisconsin Ee Wisconsi Central Play Wales Enn Tao 3 Street Ni Co York Stock Exchange Chicago Board ‘of Trade Washington Stock Exchange New York Aera U . 3A American Tobacco Atchison General Atchison Adjustment Baltimore and Ohio Brooklyn Rapid Transit Co Central of Georgia Istine Central of Georgia 24 Chicago and Alton Chicago, Burlington and Quincy New Chicago R. 1 and Pacific Railroad R. I. and Pacific Railroad Ad. Ta CG and St. Louis General Colorado Industrial Fa Merien Colorado Wensss and Texas $A National Railroad of Mexico New York Central General New Jersey Central General Louis Southwestern Boulevard Air Ling Southern Pacific General Electric Westinghous Allis-Chambers Allis- Chambers Brooklyn Rapid Transit Nassau Electric Railway Brooklyn Rapid Transit Aggregaton Nassau Company

Stocks in Insurance and Manufacturing Firms Listed Patchily

A fragmented OCR style listing shows stock prices for many firms including American Graphophone, Metropolitan, and Columbian, with numbers like 45, 235, 30, and 66 percent. Mentions of insurance stocks, graphophones, and machinery names appear among scattered financial entries and dividend notes.

Farmere and Mechanical Columbis Capital American Lincoln Franklin Metropolitan Corcoran Potomac Arling Top National Union Columbia People's Commercial Coloni File Insurance stoke—Real Tatata Th. Co Tembin Washington Checaneake American Graphophone Command American Graphophore Washington Market Norfolk and

New York Grain Market News And Price Movements

New York reports firm wheat with bullish futures and big world shipments offsetting gains. Wheat prices advance on bull crop expectations, then ease. Coarse grains show mixed receipts and exports with modest gains in oats and corn as Liverpool influence steadies prices. In Chicago, wheat closes slightly down on bearish weekly stats amid steady Liverpool influence.

New York Duluth Manitoba Fort William Port Arthur Lakes COEN W. B. Hibbs & Co F Street New York Stock Exchange Washington Tod Exchange Chicago Board of Trade Chicago Liverpool United Stats United States Minneapolis Chicgo Corm Belt Pereet Baltic

New York Cotton Market Surges on Frost Losses

New York cotton prices jumped amid frost damage and strong demand from wire and commission houses. Prices rose to near season highs with January trading around 10.47 as heavy realizations and renewed buying supported futures. closing near the day’s top. Southern markets edging up slightly and receipts forecast higher but viewed with skepticism due to crop estimates.

New York Op Frost Elaca Liverpool

Baltimore Markets Update From October Prices and Receipts

Baltimore markets report mixed commodity activity with flour and corn shows. Firm receipts rise to 18 296 barrels for flour and 26 060 bushels for steamer No 2 red. corn bids vary across months and grades including southern white and yellow varieties.

Baltimore Red Southern

Grain and dairy price brief from mixed market listings

Market notes show No 2 mixed grains at 28 3d per cent repeat, rye firm with Western No 2 at 69 44 70 export and 3 74 domestic. hay quiet No 1 timothy 1440 1500. butter steady at 19 20 fancy creamery 23 24. eggs and cheese steady. sugar grains steady 4.00 to 4.90. steam freight to Liverpool 3 per bushel.

Liverpool Cork New York Extra Pennsylvania Walt Rio Cordova Maine Long Island State Jersey London Cleveland Northern Houthern Southern

New York Produce Market Prices and Commodities Report

New York prices listed for butter, cheese, eggs, flour, and related goods with receipts and market levels. Includes cottonseed oil, molasses, coffee, sugar, peanuts, freight rates, and metals such as copper, lead, iron, and tin futures, plus copper and lake metal quotes and market sentiment.

LIVESTOCK MARKETS REPORT FROM CHICAGO TRIBUNE

Receipts 8 560 cattle and calves and 10 600 sheep and lambs with mixed price movements noted. Cattle firm to 1c lower, hogs steady to 4c lower, sheep and lambs generally higher. Exports tomorrow listed. notable quotes include steers 2.35 to 4.15 and hogs 4.00 to 5.80. A humorous satirical exchange ends with “all the president's relatives.”

London Liverpool Wenterna Canada State Pennsylvania Chicago

Also Mentioned on This Page

Washington Post Berlin Paris Stering Exchange NEW York Stock Market Salem High Agosigematet Co Aay Wea War and Foundry Am Cer Enaaey Leo Ant Mae Daz Avaconda Moving Co Johnson Atohison Pth Omo Pacifc New Jersey Laather Hetegoeke BI Pene Wad Axton Logal Financial Lanston Union Trust Per Exchange J. Thilman Hendrick W. W. Burdette Hendrick Lewis J. Davis Mutual Life Insurance Company of Washington Railway and Electric Company Waishington Stock Exchange W. H. Main Baptist Commanuel Church Bulfaia O Donnells Baruch Brothers Dominishk & Dominick Ponnnsylvania New York Central Delaware Hudson S.ory Great Northern Northern Pacific U. S. Steel C. D. Barney & Co Westinghouse N. Y. Glucose Co Glucose Ihs Niewspaper Washington 'S Stock Exchange Saiea Galen Case Orieaat Brek Savannah Wilmington Beltimore Sui Boston Philadelph Houston Alleedy Auguste Lou Cincinnati Ss Great Brittain France Great Britain Mexico Igig & Street Chicago Board of Tracts Recorder's Office Utle Swartzell, Rheem & Hensey Co Warner Building F. H. Smith Co N.Y. Ave Ayer National Safe Deposit, Savings & Trust Co Cor. 15Th and New York Ave Brefore Checis American Repress CO Traders National Bank N. W U.S International Banking Corporation Lewis Johnson & Co N.W Francis H Smith Alvin M Lothrop Quincy &Mith John 8 Sloman G O Watson Jacknon T. Ralston Kimball Seelam GN. Y. Ave Riggs ‘Sing Pa. Ave U. S. Treasury Ereaidany Chesley & Spence Fate Fisk & Robinson Bankers Government Cedar Street State Street Arthur, Wall, Lynn, Wall & Co Adams Building M. J. Sage & CO Washington Savings Bank Cor Sta. N. W Wwe Metropolitan Loan Street George J. Easterviday Washington Stock Cachange Streai Bn Lgaxco Pianog Ifree Striefly National Mortgage Loan Company Celta Folman Carceran Bldg Ois
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