Review of Finance And Business Disturbing Events Of The Year
New York dispatch notes a year of mixed tone in finance with optimism about postwar expansion yet recognition of a poor year ending 1914. It details stock market upheavals, war effects on money, gold flows, freight rates, labor conditions, and key sectors including copper steel cotton and wheat as the U.S. navigates wartime disruption and recovery prospects.
MENTIONED IN THIS ARTICLE
New York
United States
Europe
Good Times in 1915 Is His Prophecy
Colonel William P. Clough of the Northern Pacific returns from a coast to coast tour with views on rail rates and rising prosperity. He links low earnings to capital scarcity and war in Europe, predicts a new general boom beginning with western farmers and eastern industrial growth, and cites car loading as a precise business gauge.
MENTIONED IN THIS ARTICLE
New York
William P. Clough
Northern Pacific Railroad
Interstate Commerce Commission
Colonel Clough
Wall Street
Europe
Northern Pacific
Clough
Mos J
Hill
BE. H. Harriman
Northern Securities
Canadian Pacific
Northwest
Middle West
South
Mississippi River
Mississippi
Dull Half Holiday Stock Market Beans on Quiet Session
New York reported a scant 24000 shares traded as the half holiday session yielded record dullness in fourteen years. Opening prices were mostly lower with United States Steel and Southern Pacific at bargain levels while other blue chips showed losses. Late in the day readings improved with Reading Lehigh Valley Union Pacific and other rail stocks up 1 to 2 points on short-covering demand. Bethlehem and equipment shares rose modestly. Outside news touched on dry goods and textiles with a cautious tone, while bank clearings fell. Rumors of large foreign orders for cotton and copper, tied to German interests, surfaced amid a tepid overall market. Bonds unchanged for the week.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
New York Exchange
Europe
Euyope
Stock Exchange
Tavo
National Reserve Bank
United States
England
Canada
Bank of England
Sterling Exchange
Europeank
New York
Reserve Bank
Interstate Commerce Commission
East Arm
South America
Asia
Africa
Germany
Chicago
The
United States Teel
Southern Pacific
Reading
Lehigh Valley
Union Pacific
Bethlehem
Prices Of Commodities Changes Past Week
Pre holiday conditions quieted most movements as 31% quotations showed 4 changes with 32 advances and 82 declines. Wheat rose sharply on strong demand and large foreign purchases. oats rye and barley also gained. Butter firmed, cheeses soft, eggs weak. beef sheep hogs steady, provisions high. Hides leather quiet. iron steel sentiment improving. copper tin spelter easing. Cotton firm. wool coffee sugar firm. rubber beans vegetables up. burlaps hops peas silk naval stores down. Cotton price discussion and farmer outlook quoted. colonel predicts busy spring for western farmers.
MENTIONED IN THIS ARTICLE
Dan
Weekly Statement of Banks and Clearing House Totals
Washington shows a slight rise in reserve deposits and a small fall in loans and discounts across the twelve federal reserve banks for the week ending December 24. The report details totals for reserves, notes in circulation, and deposits, with notes on clearing house banks’ condition and a separate summary from New York.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Ceah
Carings House
New York
Ene Pte
Reserve Board
New York Bank
Wheat Prices Jump to Highest Since September
Chicago wiring reports wheat climbing to 1.305 a bushel for May delivery, the highest since September 21 amid war news and tightening supply. Corn, oats, and provisions followed with gains as demand for export support kept buyers active and mills in Kansas paid higher prices.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Live Stock Receipts and Prices at Chisago Market
Receipt summary shows 18,000 strong cattle trade with heavy and light classes priced around 7.20. Cattle receipts total 400 with strong steers at 35.40 to 10.00, heifers near 3.10 to 8.25. Sheep receipts feature ewes and yearlings around 5.60 to 8.? lambs at 6.50, total 70 items.
MENTIONED IN THIS ARTICLE
Chicngo Board of Trade
Todey
Chicago
Atic
Mercantile and financial markets report steady bonds
New York December 26 mercantile paper 4943s. Sterling exchange heavy with 0 day bills at 4.9280 cables 4.8625 demand 4.3625. Bar silver 48% Mexican dollars 37 percent. Government bonds and railroad bonds hold steady in the session.
MENTIONED IN THIS ARTICLE
Financial
New
Also Mentioned on This Page
Review OF Finance
South Onis
Ria
Tel. & Tei
Aitchison
Balt
Atlantic
Canasian Pacific
Lehigh
Yatley
Louw, & Nash
iLiggett & Myers
iZorillard Co
An. & Tex
Missouri Pacific
Northern Pact Norfolk & Waste
Pennsylvania
Eton Rep. Iron & Steel
Iasa
St. i
San. Fran
Sia
Shettiela’ Steel
Pacific
Rathway
Bim Als
Texas Co
Texas & Pacifie
Alen
Tee
Utah Copper
Chem
Western Union
Betsef
U.S
Panama
American Tel
American Tobacco
Atchison Gen
Atlantic Coast Line
Baltimore & Ohio
BAY Central Leather
Chesapeake & Ohio cv
B. & Quincey
Mil. & & St. Paul
Lac
Louisville & Nashville
Liggett & Myers
Lorillard
Missouri, Kan
Texas
N & Hartford
Southern Railway
Texas Company
Texas and Pacific
Michigan
Wisconsin
Kansas City
New Orleans
Salea
Honduras
Alfred Reeves
Automobile Chamber of Commerce
Georgia
Atlanta
Charles M.jackson
Gould Building
Atlanta, Ga
the American Audit Company
Broadway
New York City
F. W. Lafrentz
Theo
Scranton
Baltimore
JAY, Bond & Company Cotton Merchants
New York Cotton Exchange
Cotton Exchange
Liverpool Cotton Association
Beaver Street
Alonzo Richardson & CO
Certified Public Accountants
Empire Building
Charles J. Metz
Certified Public Accountant President
Audit Company of the
South Healey Building