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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Oct 29, 1910
Page
2
In New York Oct 28 the market steadies after the prior day's steel surge. Volume is light, prices show small moves, and a key trader exits, signaling mixed sentiment but dull stability. Canada buys more gold while London rates stay higher, easing English money strain.
New York and Chicago market summaries report receipts and price ranges for cattle sheep and hogs. Highlights include steady to firm cattle values, mixed demand for steers and heifers, and varied calf and dressed beef prices across regions with noted inflation in calf and fed stock segments.
New York and London markets show copper, iron, and copper futures uneven with quiet spot activity. Wheat and corn futures soften amid weak cash demand. cotton remains nervous and steady with slight declines. Prices cited include copper around 15.40 to 12.60, iron warrants at 64 244 in London, and cotton futures closing modestly lower.
Wholesale fruit and vegetable prices listed with varying quotes for eggs cheese poultry and greens. Regional items include apples oranges grapes peaches and chestnuts with supply notes and dates from North Lima and Owl City markets.
A special Washington Post dispatch reports a cash loss at the reserve of about 1.5 million dollars amid shifting loans from car equipment firms to banks and trust companies. The Hawley lines bid activity waned after summer interest, while orders from equipment firms rose. Bernart Baruch heads to Mexico for two weeks. Banks cut more than 6 million to the subtreasury and shipped gold to Canada. Analysts cite political uncertainty as keeping investors in banks rather than securities, with railroad cash and call money pools totaling tens of millions available.
Trading on the Washington Stock Exchange yesterday was light with total sales around 62,000 pounds. Metropolitan Railroad 3s traded at 107¾, Washington Gas around 71¼, and Capital Traction gold rose to 129⅜. Mergenthaler and Luosten held firm with no sales, while Washington Railway and Electric and Washington Talk Company saw strength in preferred stock. A broker placed a 1,000 share bid for the railway preferred, signaling solid support amid steady bids, and Washington Title Company gained life with multiple 4 bids for 100 to 500 shares.
New York money market shows call money at 3 8 and 3 percent closing bids with offerings at 2 percent. Time loans firm yet dull with rates around 60 days to 9 days. Prime mercantile paper listed with fractional percent. Sterling exchange and bank bill rates noted. government bonds described as irregular.
New York October 28 A group of bankers including J P Morgan & Co Kuhn Loeb National City First National Bank arranged an American loan of 50 000 000 to the Chinese government The agreement covers amount rate of interest and terms said to be signed in Peking yesterday The syndicate represented by Willard D Straight former consul general at Mukden now in China agent in the deal
The notice outlines voter instructions for the November election in Virginia. It lists ballot wording for amendments to sections of article 4 and related provisions, explains how voters may mark "for" or "against," and notes the political context including a lack of opposition to Representative Carlin and a military drill event in Alexandria.
New York Oct 28 R G Dun & Co weekly review notes continued strength in tin plate markets with steady demand for export and domestic use. Dry goods rise alongside high raw material costs while rail service uncertainties limit aggressive expansion. Leather and footwear show gains, hides volumes reach 20 000 with prices firm. trade in woolen goods softens as mills return to operation.
A fragmented New York market summary lists butter cheese eggs pork and beef with receipts and price directions. It notes steady to firm tendencies for many items, including butter and lard, with various crude and refined sugar and molasses prices and miscellaneous grains and seeds.
A garbled financial notice discusses safe investments, stock or note options, and taxation exemptions. It mentions deposits, bonds, property, and obtaining loans, urging readers to send for more information on investments and savings.
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