Steel and Reading Lead in Market Recovery
Reports of labor troubles in railroad and steel circles weighed on stocks as the market opened weak. Steel and Reading later led the rebound while concerns over a trainmen strike and Ma honing Valley disputes affected sentiment. Pennsylvania faltered, and copper and other names showed mixed moves amid broader volatility.
MENTIONED IN THIS ARTICLE
Steel
Reading
New York
Friends
Grangers
Pennsylvania
United States Steel Corporation
Mahoning Valley
Lst
Colorado
London
Toledo
St Louis
Western
Hamilton
Dayton
Pere Marquette
Erie
United States Steel
United States
Prime Mercantile Toper
Sterling Exchange
Polis
Washington Stock Exchange closes with wide bonds and stocks
Inland market notes Washington stocks and bonds with frequent on Washington Railway and Electric bonds United States Electric Light debentures and various metropolitan railroad issues. Wheat prices fall amid warmer weather and lower overseas markets. corn oats and rye move modestly.
Stock Exchange Members and Bond Prices Across Roads
A list of bankers and brokers at 149 F street and members of the New York Stock Exchange Chicago Board of Trade Washington Stock Exchange and other lines. It includes Atlantic Coast Line Baltimore and Ohio Central of Georgia Chicago and North Western Missouri lines and various consol and 4s bonds with prices and yields.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Trade
Bank Clearings by City and Weekly Totals
Bradstreet's weekly bank clearings show New York leading at 1.884 trillion, up 31.8 percent from last year, with Chicago and Philadelphia posting gains while cities like Baltimore Cincinnati and Des Moines report declines. totals cover United States and outside New York with notable regional shifts amid weather and harvest factors.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
Chicago
Heston
Philadelphia
St. Loui
Pittsburg
San Francisco
Baltimore
Cincinnati
Kanaan City
Ncrease
New Orleans
Cleveland
Minneapolis
Detroit
Loulgville
Omaha
Milwaukee
Providence
Buffalo
Indianapolis
St. Paul
Denver
Memphis
Richmond
Washington
Savannah
Atlanta
Nashville
Norfolk
Augusta
Birmingham
Wilmington
Del
Fnorville
Wheeling
W. Va
Chattanooga
Jackcorville
Wia
Charleston
S. C
United States
Daily Cotton Market Totals Across Ports
Daily summary shows total net cotton at all seaports 33 386 with Great Britain 27 346 and continent 16 082 and stock 194 916. Consolidated net 184 653 with Great Britain 82 123 and France 751 continent 94 447 Japan 3 100 Mexico 1 000. Total since September 1 records at all seaports net 339 031 with Great Britain 189 389 France 9 717 continent 62 932 Japan 1 100 Mexico 1 000.
MENTIONED IN THIS ARTICLE
Great Britain
Continent
Japan
Mexico
France
New York Cotton Market Ends Little Changed
New York cotton trading was quiet with professional activity dominating and prices little changed. Prices opened lower on weaker cables and better weather, rallied briefly on local buying, then drifted. close was steady to down one point. Sales about 175000 bales, exports around 40000 bales, nearly 19000 from New York, easing local stocks.
MENTIONED IN THIS ARTICLE
Bradsteet
Minneapolis
Duluth
Chicago
ST Sc
New York
New York Produce Market Report Highlights Various Commodities
New York Produce shows mixed activity with flour receipts 15220 barrels and exports 9767. RYE FLOUR firm. COTTONSEED OIL firm. PORK steady. LARD easy. BUTTER firm. CHEESE steady. EGGS steady. WHEAT and CORN futures quoted with slight declines and steady bids. DRIED FRUITS, PRUNES, APRICOTS holding firm amid varied grades. Freight rates to Liverpool steady. overall market tone cautious amid wheat decline.
MENTIONED IN THIS ARTICLE
New York
Ft. A. B
Duluth
Manitoba
Northwest
Liverpool
Jersey and Southern
Jersey
Long Island
Panches Giso
Baltimore
Southern
Metal Market News From New York and London Prices
The London tin market rose amid speculative activity with spot at £237 and futures at £128. In London copper firmed to £57 16s, while local tin and copper were steady. Local lead and spelter held, with London and local quotes matching prior levels. Iron and foundry iron prices in the North and South remained unchanged with mixed grade quotes.
MENTIONED IN THIS ARTICLE
New York
London
Tron
Glasgow
Middlesboro
Northern
Souther
Southern Soft
Trade Review notes cautious expansion and mixed signals
Bradstreet's reports overall improvement amid cooler weather and agricultural prospects. Western and Pacific Coast trade show expansion while corn regions stay cautious. Dry goods demand rises in Boston and New York, steel and iron show irregularities, and wheat and corn exports shift with price strength. Failures rise slightly in the US, Canada steady.
MENTIONED IN THIS ARTICLE
Boston
New York
Bradstreet
Bradstreet’s
Pacific Coast
San Francisco
Mississippi
United States
Canada
R. G. Dun & Co
Etll
Chicago
Eather
Live Stock Markets Chicago and New York Sept 16
Chicago cattle receipts about 4 000 with steady market. Good to prime steers ranged 6.66 to 6.10. cows and feeders values noted. Sheep receipts 9 000 and hogs 5 500 to 6 05. Westerns and mixed stock priced. New York cattle and sheep markets dull with varied weights and prices. hogs steady to firmer. Shipments listed. Townsend Downey Shipbuilding bankruptcy sale authorized by creditors.
MENTIONED IN THIS ARTICLE
Chicago
Bulle
Wales
New York
Canada
Townsend-Downey Plant
Henry Ide
Federal District Court
Townsend-Downey Shipbuilding. Company
Financial Gossip On Washington Securities Stagnant Trading
Wall Street style notes show little trading on the Washington Stock Exchange with bank securities drawing renewed interest but not matching through. Bank of Washington bids rose to 480, with other banks advancing. one national bank trade occurred at reduced price, while Washington Loan and Trust rose to 210 on light volume. Greene Copper traded around flat to down slightly, Lanston declined, and Franklin Fire Insurance rose to 55 amid overall dull insurance activity.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric
Preferred
Washington Loan and Truat Company
Traders’ National Book
Franklin Fire Insurance Company
Lanston Monotype
Greene Copper
Washington Stock Exchange
District of Columbia
Capital Traction Railroad
Metropolitan Railroad
Columbia Railroad
City and Suburban Railroad
Anacostia and Potowac
Washington Railway and Electric Company
Washington Gas Company
Netica
United States Electric Light
United States ’ Electric Light
Cheaapeake and
Potomac
Washington Market Company First
Safe Deposit and Trust Cracker National Safe Deposit and Trust
Washington Loan and Trust
American Security and Trust
Union Trust and Storage
Washington Savings Bank
Home Savings Bank
Capital Traction Company
The
National Bank
Lincoln
Riggs
Franklin
Metropolitan
Corcoran
Arington
National Union
Columbia
People's
Commercial
Colonial
Columbia Title
Washington
Hesapeake
Washington Gag
Mergentheler Linotype
Greene Consolidated Copper Company
Washington Market
Norfolk and
Washington Steamboat
J. Maury On' Company
Bank of Washington
Citizens’ Bank
Capital National Bank
American National
Safe Deposit and Trust Company
Washington Loan and Trust Company
Thursaday
National Safe Deposit and Trust Company
Washington Railway and Electric Preferred
Lanston
Franklin Fire Insurance
Washington Loan & Trust Co
Seratts
John JG
Edson
John A Swope
Ellis Spear
Andrew Parker
HARRY G = MCEM
Thomas Bradley
J E Mates
Washington Loan and Trust Ride, Ltd
Foste An ‘Telephone
Reading's Report Shows Net Earnings Rise Across Three Firms
The Reading company released its seventh annual report for the year ended June 30, 1904, detailing Philadelphia and Reading Railway Company and Philadelphia and Reading Coal and Iron Company results. Combined pre-dividend earnings reached 7,757,538 dollars, up 2,559,868 from the prior year, with rail and coal ventures posting gains in net income and surpluses after various charges. Total surplus for all three firms stood at 912,276,455 dollars. Coal production reached 10,410,849 tons, up 2,827,870. mined coal costs rose 41-10 cents per ton while prices fell 116-10 cents per ton, cutting net proceeds by 157-10 cents per ton year over year.
MENTIONED IN THIS ARTICLE
Philadelphia
Reading Company
Philadelphia and Reading Railway Company
Philadelphia and Reading Coal and Iron Company
Coat and Iron Company
Coal and Iron Company
Colorado Fuel and Iron stockholders meet October 17 in Denver
Notice to stockholders of Colorado Fuel and Iron Company announces the annual meeting in the Boston Building Denver on October 17 for director election and business. The stock transfer books close September 27 until adjournment. Proposals include amending capital stock to 46.2 million, acquiring Colorado Industrial Company stock and bonds, and consolidating properties under Colorado Fuel and Iron Company with working capital plans.
MENTIONED IN THIS ARTICLE
Denver
Colo
Colorado Fuel and Iron Company
Boston
Colorado Industries Company
Wyoming Railway and Iron Company
Wyoming
Llingia Trust and Savings Bank
Colorado Industrial Company
Colorado Fuel and Tron Company
Colorado Wall and Iron Company
Colorado
Discrimination Alleged in Rail Rates Across Texas Ports
Central Grain Trade Association files with the Interstate Commerce Commission accusing Atchison Topeka Santa Fe and Chicago Rock Island Pacific of unjust export grain rates. Complaints claim manipulation at Fort Worth, Gainesville, Galveston and other Texas points favoring competitors and violating the long and short haul clause. Additional items note Central Railroad of New Jersey annual earnings and dividends, Baltimore area stock quotations, and recent incorporation filings including Northern Minnesota Tron Company and El Salvador Mining Company.
MENTIONED IN THIS ARTICLE
Western
Central Grain Trade Association
Wichita, Kans
Interstate Commerce Commission
Atchison, Topeka
Santa Fe
Chicago, Rock Island and Pacific
Fort Worth
Gainesville
Galveston
Texas
Pennsylvania Industries Lead With Iron and Coal Output
Harrisburg report details 1903 and 1908 figures for Pennsylvania industries led by iron and steel, pig iron, anthracite and bituminous coal, and tin plate. It notes total production of 182,656,843 tons, market value $774,963,777, 435,774 workers, and wages of $21,677,718. Also cites 58,097,200 in iron and steel value, 159,985 coal workers earning $78,901,632, coal tonnage 165,708,954 with mine value $28,009,056 and 317,940 workers earning $157,250,134. Tin plate capital $7,942,754 with 8,261 employed earning $5,688,188 and production 554,234,702 pounds.
MENTIONED IN THIS ARTICLE
Harrisburg
Bureau of Industrial Statistics
Pennsylvania
Exposition stamps sale to end December first
The Post Office Department ordered the commemorative Louisiana Purchase Exposition stamps discontinued by December 1 to avoid unsold surplus. Beginning October 1 postmasters must note on requisitions that the stock will be sold by December 1 and replace regular stamps where supply lasts, unless buyers request the regular issue.
New Engineer for Canal to Assist PanamAqueduct
R M Arango a graduate of an American technical school has been appointed consulting engineer on Chief Engineer Wallace staff in the Panama Canal project. He will help build an aqueduct to supply Panama City with water and oversee pipe lines to provide fresh water for workers at the Culebra cut and camps along the line. Wallace says canal costs can be lowered significantly by using modern American machinery instead of manual labor.
MENTIONED IN THIS ARTICLE
Wallace
Farewell Marine Band Excursions at Chevy Chase Lake
Public farewell night features United States Marine Band in concert and last dance of the season at Chevy Chase Lake with special programs. Extra rail and steamer service planned as crowds attend final amusements, illuminations, and river views before autumn closes.
MENTIONED IN THIS ARTICLE
United States Marine Band
Chevy Chase Lake
Also Mentioned on This Page
NEW York Stock Market
Sept
Adams
Am Cat and Foundry
Aigmerican
Ameren Linseed O' Pfa
Amorlei
Ohio
Hay Brugkly
Rm Raye Tranatt
Adian Pacite
Eitral Np
New Jersey
Esnocahe
Rago
Alton
Great Western
Baycnda Southern
Coccredy Southern
Amare and Hudson
A Grande
Lars Securites
Hocking Valley
At Onai
Kansas
Tauievite
Metropotan
Texar
Texad
Wexico
New York Central
Mortalk
Westarasco
Americas
Wester Ann
St Loy
Pitman Palace
Ry Perth
Fonda
Seren Nay Ofa
Shot En Steel
Tapa Fanrens
Lake Birle
Pamata
Petra
W. B. Hibbs & i
Newspaper
ARIVE
Chicago Grain
Jowest Point
Ntire Easton
Uberal
SEMC
MEK. Tower
Shorts
St. Louis
An- Rere
Atchison General
Atchison
Atlantic Coast Line
Baltimore and
Baltimore and Ohio
Central of Georgia
Central of
Georgia
Chesapeake and Ohio
Chicago and
Altan
Burlington and
Chicago, M
St Paul
Northwestern Consol
Chicama, R. Ll
Pacife R. R
R. I and
Pacific R. R. Col
G. C
St. Louie General
Chicago Terminal
Consolidated Tobacco
Colorado and Southern
Colorado Fuel
Denver and
Rio Grande
Erie General
Denver City
Lawteville
Naahville
Manhattan Consol
St. Louia
Missouri
New Jersey Central General Ca
Northern Pacific
Norfolk and Western
Consol
Oregon Short Line
Partio
Pennayivania
Reading General
Iron Mountain
St. Loula
St Louis Southwestern
Seaboard Air Line
Southern Pacific
Southern Railway
Toledo, St Louis
Westernland Pacthe
Union Pacific
Lake Eri Wieconain
Bert
Wui
V. Ae
Wu A. C
NEW York Grain
Galvaston
Bready
Baltimora
Bleady
Cincinnat' Ayaa
Loulavilles
Wees Anes xi
Houston
Dali
Metal Market
Weekly Trade Review
Colorado Fuel and Iron
New Corporation
Colorado Industrial
Central of New Jersey
Central Railroad of New Jersey
Seaboard
Air Line
Treasury
Northern Minnesota Tron Company
Rankin
Enifer
D Ste
Barnard & Mark
L. D. Fowler & CO
National
Ne Bank
As of Exchange
Generals Banking
Lewis Keet & 60
Messrs
Moore & Sohley
W.moyer
Edward C. Bryan
Fred G. Norris
American Iron Company
George A. Corey
Eugene Achooley
J. L. Cohencious
Esmeralda Mines Company
Oliver Durant
Robert 5. L. Bunch
Everett B. Latham
Old Point Comfort
Hampton Roads
Ufe
Chamberlin
Norfolk and Washington Steamboat Company
Old Point
Seventh Street
Fourteenth Street
Colorado Building
Charles Macalester
Mount Vernon
United States Arsenal
Alexandria
Fort Foote
Hunt
Macalester
Ernation, Banking Corporation
CG Street
N. W
N. Ww
U. S
G. W. F. Swartzell
C. B. Rheem
A. T. Hensey
J. J. Darlington
B. H. Warner CO
F Street Nn
Mutual Life Insurance
Thomas P. Morgan
F St Nw
Ferry Commission Co
Chesley & Spence
Traders National Bank
Tt. ST
PA. Ave
George H Harries
I G. Kimball
Wilton J Lambert
A M, Lothrop
Theo
W. Noyes
J. H. Rainton
John B. Sleman
H. Smith
EB Quincy Smith
E. N Waters
W. Woodward
Union Savings Bank
N.Y. Ave
National Safe Deposit, Savings and Trust Company
Corner
Ken
W.B. Hibbs & 60
Bankers and Brokers
Meirkell & McLeran
Equitable Co-Operative Building
Sohn Joy Edson
Vics Praaident
Geo W. Casilear
V. Pres
Tfrank P
REES
Recretary
Stseka
Grain
Cutten
East 726
R. Lappin
St. N. W
Cor
Riggs National Bank
Warder
Metropolitan Loan and Trust Co
E Street N. W
Joan Companies
Forntime
National Loan and Investment Co
Ely
Potomac Guarantee Loan CO
F Street N. Ww
Atlantic Building
Rooma
Capital Loan Co
Washington Mortgage Loan Co
Building and Loan Association
Stelerly
First
Rational Mortgage Loan Company
FP ST NW
Sri Pitta Lman
Hoom
Newerapera BC Hive
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