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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Sep 15, 1909
Page
33
The Wellington Post reports a New York stock market rally with broad activity and gains in many issues, despite cautious sentiment. Analysts expect no major swing despite further market advances, with Pennsylvania and England shares showing notable strength and several large companies under renewed buying.
The day closes with varied prices across exchanges. Stocks, bonds, and commercial bills show mixed movement as investors digest rates and market signals. Trading activity remains steady in futures and government securities with several issues offering marginal gains.
Receipts and prices mixed across cattle calves hogs sheep and lambs with steady to weak tone noted. Beef cattle steady while dairy and feeder cows showed limited activity and hog prices edged lower in late trading. Sheep and lambs remained near steady overall with total week totals rising modestly from prior period.
Disjointed stock prices and figures from the Washington Stock Exchange show trades in Washington Ray and Elec and other entities. The garbled list includes percentages and prices like 14 percent, 1M percent, and various figures tied to different tickers and brokers, with unclear names and times.
The Washington produce market lists wholesale prices for eggs, dairy, cheese, live poultry, dressed poultry, beef and pork cuts, fruits, vegetables, and cattle futures. It notes price changes, market steadiness, and weather impacts with a focus on regional Virginia, North Carolina, Tennessee, and New York markets, plus a summary of recent trading and futures movements.
Wheat leads gains early on grain worries with September delivery positions wavering as imports and futures shift. Corn and oats close steady while wheat remains volatile amid price swings and buyer resistance. Trade notes ongoing demand shifts and regional price movements through the day.
The tin and copper markets show weakness with spot copper near 12,400 to 12,600. London tin and copper futures slip. London futures dip while New York exchanges report thin activity. local dealers quote copper around 18 to 19 cents, with copper and wheat futures especially unsettled. grain receipts rise slightly.
Foreign office explains delay in a $3,000,000 loan linked to railroad financing and engineer placements for a Gettysburg cemetery project. The issue stems from a misdated tombstone, affecting a veteran’s records and dividend adjustments for Weatinghouse Airbrake and Regiment. The dispute involves Richards and a stalled refield of memory at the battlefield memorial.
The Missouri Kansas and Texas Railway annual report shows higher gross earnings but a big rise in operating costs due to floods. Taxes on railroad property jump nearly 22,000, prompting debate over western tax burdens while bank rates and money market prospects hint at higher rates ahead. Board power at the Union Pacific dispute centers on figures around Harriman and Goelet, with several financiers noted as key players. Jewish New Year and Hudson Fulton parade clash with Kippur, affecting banking offices and exchange activity.
The Baltimore and Ohio Railroad Company resumes orders for new equipment valued at over three and a half million dollars. Contracts include 22 Atlantic type passenger locomotives with Baldwin, 34 consolidation freight locomotives with ALCo Richmond, 600 ventilated box cars with Ralston Steel Car, 600 retrixers with Whipple, 1,000 box cars with Standard Steel Car, and two electric locomotives from General Electric. President Murray notes substantial investment required for economical operation. reports also cover poultry, dairy, grain, and commodity prices in New York markets.
Grain prices firm and mixed across commodities with corn and wheat showing activity. Records show bids and closes for May and September futures, notes on spot values, and variations in nominal percentages across elevators and markets.
A chaotic police court record recounts druggist forfeiting $10 for unregistered poison sales, Cecila Monday facing multiple arrests and a $15 native-court fine, and various other minor incidents. Separate cases include diamond ring fraud, a forged check, noisy domestic quarrels, and a driver’s license-like discussion on mail delivery reforms. Local judge Kimball presided over all, issuing fines and short jail terms where applicable.
John A Griswold longtime business figure and former president of Illinois Central Railroad died at his home after a long illness. He served as chairman of the board of directors of Chicago Burlington and Quincy Railroad and was a prominent local leader. He was eighty eight years old.
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