Market rally follows favorable France news in early session
In early trading the market showed weakness with dullness in the first two hours but then rallied one to two points as favorable war news from France later in the day supported the list. Industrials led gains with United States Steel and others firming. rail shares and oil issues also advanced amid cautious optimism about potential forthcoming announcements.
MENTIONED IN THIS ARTICLE
Dusiness
France
Logan & Bryan
Tock
Lausier~ Wolcott
Ong
Meilbronner Company
United States Steel
Baldwin
Crucible
Bethlehem Steel
Locmotive
Butter& Superior
Reading
New York Stocks Recover on War Bulletins Rallying Markets
Important stocks recovered today after a sharp drop, led by steels and marine shares. United States Steel rose to 105 1/2, closing near the day’s high, with Kindred industries and equipment makers advancing. traders covered contracts amid favorable war bulletins and rumors of a deal involving Tritied Interest.
MENTIONED IN THIS ARTICLE
New York
United States” Steel
United States Steel
Taile
Liberty
United States
New York Stock Quotations Furnished by Lat Wolecott Company
Market listings from Lat F-Wolecott Company provide New York stock quotations via private wire. The brief item notes price changes, volume data, and ticker symbols for the day. The report emphasizes notable gains and declines among major banks industrials and railroad stocks.
Chicago Markets Gualy and Provisions
Rainy weather and large arrivals pressured Chicago markets. Corn closed heavy with modest declines though earlier highs appeared. August and September futures near $1.61. Oats weakened. provisions mixed as selling pressure grew late, with hedging scarce and pork and lard quoted mixed.
MENTIONED IN THIS ARTICLE
Chicago
Ste
Electric diving machine to recover sunken ships tested
New York reports a privately tested electric diving machine designed to recover steel sunken by German submarines. The two man crew craft uses surface power, magnetized grapples, and a rivet attachment to seize wrecks. It descended to 98 feet near Long Island Sound and surfaced with the load. Mobile infirmaries run by women will follow U.S. lines in France.
MENTIONED IN THIS ARTICLE
New York
United States
France
Important Meeting of Japanese Cabinet
A special cabinet meeting in Tokio was attended by army officers. Reports say the gathering focused on possible American intervention in Russia and a communication from the U.S. government.
MENTIONED IN THIS ARTICLE
Hythe Associated Press
Tokio
Teussia
President approves enlistment of personal stenographer Swen
Washington July 16 President Wilson has agreed to the enlistment of his personal stenographer Charles Swen who will join the aviation service August 1 The president would not approve of his secretary Tumulty’s stenographer Warren Johnson who is about to join the army.
MENTIONED IN THIS ARTICLE
Swem
Washington
Wilson
Charles Swen
Army
Aviation Service
Tumulty
Warren Johnson
Livestock and Market Reports From Chicago and West US
In Chicago markets July 16, hogs up 15 to 20 cents with heavy bids around 17.10 to 17.50, cattle receipts 5,??00 with mixed to higher values, and lambs showing gains. Portland cattle and Seattle reports note lower to uneven prices across cattle, sheep, and stockers, while New York mercantile rates and money markets show steady to firm conditions.
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Chicago
United States
Bureau of Markets
Oman
Omaha
Rournaxn
Portland
Ore
Suly
Valley Lambs
Geatlings
Wethers
Ever
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