Global markets slide on Russian strike and gold fears
New York stocks fall after Russia turmoil and dull London markets with Paris discounts and weaker sterling. Bond markets show mixed results as Bank of England reports lower reserves while German loans ease. Rumors of gold exports swirl but prove unfounded as grain of truth underscores pressure toward possible shipments. Leading industrials and hard coal names see uneven trading with notable declines in some rails and continued strength in Smelting. Atchison reports higher earnings while Pressed Steel Car faces dividend delays amid market turbulence.
MENTIONED IN THIS ARTICLE
New York
Russia
St. Petersburg
Paris
London
Berlin
Sterling Exchange
Bank of England
Imperial Bank of Germany
Bank of France
Reading
Delaware and Hudson
American Locomotive
American Smelting and Refining
United States Steel
Rock Island
Metropolitan Street Railway
Brooklyn Rapid Transit
Chicago
Northwestern
Northern Pacific
Atchison
Pressed Steel Company
Wall Street Gossipy Outlook for Big Stocks in 1903
New York reports that American Smelting and Refining may gain control of independent firms, expanding its ore contracts to 20 years. Rumors claim coal land acquisitions, potential steel interest purchases, and a broader push to secure staple supplies. Metropolitan and Distillers' securities rise while American Hide and Leather trims dividends.
MENTIONED IN THIS ARTICLE
New York
American Hide and Leather Company
Washington Stock Exchange Trade Brief
Saleem Washington Railway and Bioatric 4a item shows 1,000 units traded at 11,000 price level 914. See market note for further details.
MENTIONED IN THIS ARTICLE
Washington
New York Stock Market Strains Reach Ill Harriman Interests
Reports of strained relations between ill and Harriman interests gain market attention. It is said Mr Hill in the West wished it understood that Creat Northern's policy rejects territorial units and that new lines would be built without regard to existing boundaries.
MENTIONED IN THIS ARTICLE
Lehigh Valley
Philadelphia Exchange
Lehigh Cog and Navigation
New York City
Jersey Centra
Pennsylvania
Vanderbilt
Jersey Central
Reading
Baltimore
Ohio
Lake Shore
New York Central
Harriman
Hill
Creat Northern
New York Bond Market Review and Rates Update
The report notes bond market conditions in New York with insertions about catarrh remedy claims and local sellers. It lists closing bid and offered rates around 3 to 4 percent and outlines sterling exchange levels, with commercial bills quoted near 4.85 to 4.83 percent. Government bonds show irregular activity.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange Atrong
Actass
Har Ailver
Lara
New York Grain Market Reports Strong Wheat Prices
Grain trading in New York and Ontario shows barley steady and wheat receipts at 159900 bushels with 87222 bushels exports. Wheat closes 2 1/2 to 3 cents higher on broad demand from Argentine estimates and Western receipts, with big cash demand and covering.
MENTIONED IN THIS ARTICLE
New York
Steede
Duluth
Manitoba
Ita
Clopel
Sosa
New York Cotton Market Delivers Nervous Yet Active Trading
The New York cotton market remained active with high nervousness and irregular movement. Prices opened weak with declines of 13 to 15 points, then recovered partly early trading, but late session realized heavy selling by bears. Overall, quotes show a net drop across active months, a weak tone, and pressure from Russia news and favorable weather easing receipts.
MENTIONED IN THIS ARTICLE
York
Russia
Noastory
Liverpool
New York Produce Prices and Market Snapshot
New York markets show butter receipts 9,634. eggs 86. poultry alive and weak with Western fowls and turkeys quoted. Flour receipts 20,045 barrels with exports 11,919, rye flour firm, cornmeal steady, hay steady, hops easy, leather wool firm, beef steady, lard pork and tallow steady, cottonseed oil firm, petroleum ready with refinery activity steady, molasses steady, copper weak to low, Irish potatoes steady and good.
MENTIONED IN THIS ARTICLE
New York
Baltimore
Southern
Stock Exchange Seen Roiled by Merchentaler Sale
Vice President Hinston led a large turnout on the Stock Exchange as traders pushed a 40 share sale of Merchentaler down from 1981/2 to 1954/2 amid rising interest in Union Trust American Security and Trust and National Safe Deposit. The day featured brisk after call activity, heavy Washington Railway preferred trades, and a notable mortgage to Jacob H Schiff of Kuhn, Loeb & Co signaling outsider interest in Washington real estate loans.
MENTIONED IN THIS ARTICLE
Washington Gas
Washington Railway and Miedric
Washington Railway and Wectric Common
Union Trust Company
Potomac Insurance Company
Bales
Onus
American Tobacco
Eb Atchison General
Kansas City Southern
Atchison Adjustment
Kansas City
Atlantic Canal Line
Lenaville
Nawivill
Manhattan
Baltimore and Ohio
National Metropolitan Citizens Bank
Metropolitan Securstice
Metropolitan Street
Brooklyn
Central of Georgia
Inc
Missouri Pacific
Chesapeake and Ohio
Yes
Kansas
Texas
Chicago
Alton
Burlington
Aia
Quincy
Stock Exchange
Kana
Tex
BR. I and
Pacifico Railroad
District of Columbis
éGa
National
al Auth
Philippine
Nat Ror
Mexico
R. I. and Pacific Railroad
New York Central
FCO Ba
Louis General
Capital Traction Railroad
N.Y
Ontario
Colorado Industrial
Periak A
Mutrophilitan Railroad
Norfolk and Western
Colordo Industriales
Metropolitan Railroad
Colorado
North American
Colorada and Douther
Northern Pacific
Cuba
Iideless
Columbia Railroad
Pacific Mail
Denver
Anacostia and
Potomac
Washington Pitts
St. A
Erie General
A . Bee Ors
Ot Railway
Electria
Bristol Gaa
Hocking Valley and Electric Gs
Japan
Ai Ry
Bonda
Washington Gas Company Pressed
Carlifea Tes
Fia
Sorien
Washington, Gas Company
Reading
New York
United ‘Cloning
Lawsville
Nashville
Bretes Electric Light
We Republic Steel
United States Electric Light Certifcatea Adams Fitpreass
Republic Steel
Chesapeake and Poto- Amalgamated
Rock Island Co
Washington Market
Am Car and Foundry Trop Braet
AUK Rock Inland Co
Minneapolia and
Lowis
Potomac Electric Am Car End Foundry
Missouri
Norfolk
Washington
Missouri, Kansas and
Sloea-Sheffield Steel
National Railroad of Mexico
Consoli Dee
Bate Deposit and Trust
National Befe
St L
San F
New York Central General
Poast and Trust
Washington Leam
American Express
American Security and Trust
Washington Ain
Louis Southwestern
American Ice Secundry
Southwestern Td
American
Southern Pacific
Ag Ves
Washington Savings Bank
Home Savings Bank
Consol
Union Savings Bank
Southern Railway
Capital Traction
Pennsylvania
Washington Railway and Electric Preferred
Reading General
Washington Railway and Electric Common
Texas and
Pacife
St. Louis and Iron If “Eonsal Ga
Bristol Gas and Electric
American Sugar Refining
Toledo
St. L
West
St. Louis
San Francisced
National Bank
Bank of An Tobacco Ptd
Menioe
St. I
Ste St. Louis
Union Pacific Pra
Southern Pacific 4A
Columbia
Capital
Southern Pacific Islde
Lincoln
Riggs
Atchison Pfd
United States Dupree
Southern Railways
Si Insurance
United States Realty
Texas and Pacific
Corcoran
Branklin
Lattimers
United States
Western
Arling- Beltimore
Ohio
States
National Union
Brooklyn Rapid ‘Trenatt
States Steel
Union Fpacific Columbia
Eigen, & People’s
Canadian Pacific Fa
LIL Og i
United States Steel P
Union Pacific
Ida
Colonial
Central of
Maryland
Wells-Fargo Express
Wheeling and Lake Erte Dy
Allen
Wisconsin Central Seas
Georgetown
Westinghouse Electric
Western Union
Unicago
Northwestern
Lake Erie
Aoe
Lanston Monotype
Mergenthaler Linotype
Mtl
St BP
Wisconsin Central
T and T
T and T. Pfd .,. 100 She "20%. Washington Market, 16 Norfolk and Wash- Co
Loula
Dugton Steamboat
Realty Appratm
Colorado Fuel and Iron
AB Aero
Company
Colorado and Southern
Colo
South
Thecomes U
W. Hibbs & U
Consolidated Gas
F Street
Delaware and Hudson
Exchange
Chicago Board of Trade
U. B
Washington Stock Exchange
U. S
del. Lech and Western
UC. & New
Denver and
Rio Grande
U.S New
Erie Ae State
Erie Ist
General Electric
Hocking Valley
Illinois Central
ATR International Paper
King
New Life
Hinston
New York Holdings
Union ‘Trust
National Safe Deposit
Metropolitan Citizens’ Bank
Potomac Insurance
Lanston
Washington Railway
Washington Railway 4
Taras
Jacob H. Schiff
Kuhn, Loep & Co
Wolf & Cohen
Wheat and Grain Prices Jump on Russia News in Chicago
Threatened Russian railway shutdowns spark a surge in wheat futures with May options rising sharply, December advancing, and overall grain, flour, and livestock markets reacting. Chicago prices, Liverpool quotes, and Mesaba demand signal broad market strength amid domestic receipts and export activity.
Market Fluctuations Across Metal and Livestock Quotes
Jocal market shows mixed quotes in metals with electrolytic at 16.95 and costing at 16.00. Lead unchanged at £14 7s 6d in London, spelter steady, trons higher in English market, and Cleveland warrants price shown. New York beef and lamb markets weak with cattle and hog receipts, steer and sheep prices mixed, while Baltimore reports a dull market for cat tle with steep declines across grades.
MENTIONED IN THIS ARTICLE
London
Standard Foundry
New York
Canada Lambe
Chivago
Catina
Apts
Baltimore
Moon
Atockera
Baltimore Markets and Grain Prices Reported
Market bulletin from Baltimore notes flour and grains with mixed futures and spot contracts for corn oats and rye. Subsections cover butter eggs cheese sugar hides and leather dividend news plus government receipts and expenditures figures from New York city.
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Europe
Marly
Wall Street
Washington Post
Nash
Delaware and
Hudson
Ufe
Metropoltan
Mluc
American Hide and Leather
United States Rubber
Boston Belting Company
Beneft
1Rock Island
Northwest
Dominick & Dominick
NEW York Stock Market
George James
Scranton
Agnew
Stone & Poole
Ave
O’donnell’s
Fst
M Sta
Hibbs & Co
F* Street
New York Stock Exchange
Mdg
Groag
Galveston
Stead
New Orleans
Mabile
Charleston
Wilming
Boston
Philatenphia— Easly i
Port Townsend
Houston
Augusta
Biendy
Cincinnati
Savannah
Batea
Great Britain
Continent
Atock
France
Patroleum
Cardova
Moises Suger
Algier
Local Financial
Lee Friends
Graphophone
Greene Copper
Crane, Parris & Co
Niawapa
Attazal
Dateral
Chicago Board of Frade
Kurone el
Tiverpool
Leville
Odessa
Minneapolis
Leeston
Provielang
Collins-Guerry Company, Inc
Thirteenth St. N. W
Union Trust Co
N. W
Edward J. Stellwagen
George B. Fleming
Edson B. Golds
Union Savings ‘Bank
14Th & N. Y. Ave
George J. Easterday
Washington Stock Exchangs
Richmond-Washington
A.C. L
Benthern
Seaboard
CRANE
Parris & CO
Bankers
14Th Street N. W
Riggs Bank, Paavé
U. S. Treasury
Lewis Johnson & Co
N.W
Ussne
Wit
Washington Loan & Trust Co
Office Corth and
FETS
Harned
John Joy
John A Swoph
Ellis Spear
Andrew Parke
Harry G. Meem
Boyd Taylor Thomas Bradley
Does Resonant
Fee Te
Jassistant
Chesley & Spence
Awo
F Sts
Arthur, Wall, Lynn, Wall & Co
Adams Guilding
M. J. Bage & CO
Commission
Greulich, Martin & CO
Financial
San Pablo
San Luis
San [Fabio
Jevel
SAN Luis Mining Company
San Luis éiviten@s
Treasury
Myra 5
Martin
William Street
Equitable Co-Operative Building Association
Equitable Building
John Jay Edson
Elfis Spear
Gav. W. Casllear
Frank P. Reeside
Memphis and Southeastern Railroad
San Francisco
WM. A. Read & CO
F Street N. W
American Express Co
Traders National Bank
F. H. Smith Co
Raurance
N.Y. Ave
Bond
Swartzell, Rheem & Heusey Co
Warner Building
HAREN
District of Columbia