Economic Outlook 1915 Sees Mixed U S Canada Prospects
New York reports start of 1915 with weak business but optimism for recovery if European war ends soon. Markets face heavy wartime disruption, anticipated railroad and monetary policy shifts, renewed foreign trade, possible dollar exchange, and potential higher commodity prices in cotton, copper, steel, and grain as Europe’s needs drive demand.
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New York
United States
Canada
Europe
Flor
North America
Stock Exchange
Couw
Ttig Just Ag
Lons
Reserve Bank
Ito
Cor Iporations
Dollar Exchange
Sterling Exchange
Democratic Party
Washington
Ri Mt
Wilson
House
Senate
Bellev
Chicago
Reserve deposits show an increase in federal banks
Washington reports the weekly condition statement shows reserve deposits at the twelve federal reserve banks rose by more than 8.6 million dollars as of December 21. The report cites gains in gold in the federal reserve system and increased loans and deposits, with mixed changes across state banks and New York trust companies.
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Washington
Federal Reserve
Clearing House
Federal Reserve Banca
Arioas
Greater New York
Reserve Board
New York
Dusiness
The
Stock Exchange
Sears‘Roebuck
New York Air Brake
Argentina
London
Treasury
Russia
Paris
Southern Pacific
Northern Pacific
Pennsylvania Road
Pittsburg
United States
Panama
Demand Outlook for Cotton Blankets and Goods in 1918
New York January 2 reports steady prices in cotton goods though trading is quieter. Demand for cotton blankets rises due to high wool prices and army export needs, with 1918 fall markets expected to favor blankets as cheaper cotton offsets costs. exports progress slowly amid financial frictions abroad.
MENTIONED IN THIS ARTICLE
New York
Wool production in 1914 falls short of 1912 totals
United States wool output for 1914 was about 90.19 million pounds, below 1912 levels per Agriculture Department estimates. Montana led with 34.177 million pounds, followed by Wyoming at 23.47 million and New Mexico with 0.77 million. Markets in New Orleans, Liverpool, New York exchanges closed for New Year holiday.
MENTIONED IN THIS ARTICLE
Washington
United States
Department of Agriculture
National Association of Wool Manufacturers
Montana
Wyoming
New Mexico
New Orleans
Liverpool
New York
Regulation discussed at Princeton meeting on stock exchange
At the American Economic Association gathering in Princeton, speakers including Prof. Henry C. Emery and Dr. Royal Meeker along with Samuel Untermyer emphasized regulation of the New York Stock Exchange. Untermyer argued manipulation is the great curse and urged public supervision to protect widows and orphans and restore honest markets.
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New York
New York Stock Exchange
American Economic Association
Princeton
Henry C. Emery
Yale
Royal Meeker
United ‘Es Labor
Samuel Untermyer
Untermyer
Stock Exchange Asa
Germany
France
Hock Tsland
Metropolitan Street Railway
Third Avenue Railroad
New Haven
Hinghes
Pujo
Thts Commission
Cotton Prices Jump as New York Market Opens
A sharp advance in cotton prices occurred in New York as the sole futures market opened for the day. October contracts rose to 8.57, up 7 points from the prior best, with a firm close 13 to 18 points higher. Spot prices remained steady with middling uplands at 7.90 and no sales reported.
MENTIONED IN THIS ARTICLE
New York
Montey
Europe
Professional views on cotton market
New York reports activity led by western and Wall Street buying as investors bet cotton remains cheap and demand improves. Spot and futures rise with hedging limited and producers set to market cotton at stronger prices amid tightening supplies.
Local Produce Trade Improves Says Fidelity Letter
The Fidelity Fruit and Produce Company notes quiet business after the bulla trade and expects gradual improvement as Florida crops near harvest. They anticipate better retail conditions and fuller inventories, with usual fruit and vegetable varieties available at generally lower prices for the season.
MENTIONED IN THIS ARTICLE
Fidelity Fruit and Produce Company
Florida
Nhiatkerwl
Hormal
Seasois
Record Petroleum Output Rises in 1914
United States petroleum production in 1914 reached a record 292,006,000 barrels, up over 1 percent from 1913. California and Oklahoma supplied nearly 70 percent of the total.
MENTIONED IN THIS ARTICLE
Washington
United States
Geological Survey
California
Oklahoma
Spot Cotton Markets Across Southern Hubs
Cotton prices show little change across markets with New York quiet at middling 79.9, New Orleans at middling 71.4, Mobile at middling 7.9, and Charleston around middling 72. August futures steady near 74.4 with Memphis at middling 74. Financial notes report weak sterling and mixed dollar exchange rates while government bond activity remains steady.
MENTIONED IN THIS ARTICLE
Atlanta
New York
New Orleans
Mobile
Hannah
Charleston
Memphis
Financial
SGA A
Sterling
Saha
London
Igor
Locust Grove Election Voters Choose Single Slate
Locust Grove Georgia held its annual city officers election with only one ticket on the ballot. A general sense of satisfaction spread as factionalism was said to be eliminated for the time being. Unanimous selections included Mayor J. Bo Patt, J. G. McKnight, W. Parr, S. G. Gardner, and E. G. Ce church.
Roads in Bad Condition Highlight County Highways
Local readers report deteriorated road surfaces across the county with heavy rain making several highways nearly impassable. Lyerly Notio notes persistent damage and hazardous driving conditions.
MENTIONED IN THIS ARTICLE
Lyerly Notio
Wheat Advanced on Good Demand Across Markets
The opening of the new year sees active trading with exports and mills driving a wheat rally. Chicago prices rose early with corn, oats and provisions shifting. forward receipts and shifting warehouse stocks contributed to a firmer tone, while London and Paris chatter pointed to continued European demand and bank activity abroad.
MENTIONED IN THIS ARTICLE
Chicago
Europe
A Rare Cincinnati Business Opportunity Seeks Buyer
A Cincinnati retailer with 30 plus years of success reports yearly profits including 1914 and outside incomes. Owner Guar, after a paralytic stroke, plans retirement and will leave up to 50,000 to buy the business. Attorney Karl H. Cadwell invites strict investigation at Lincoln Inn Court Building.
MENTIONED IN THIS ARTICLE
Cincinnati
Guar
Karl H. Cadwell
Lincoln Inn Court Bldg
Cinelsmatt
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American Tobacco
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NY - Cotton Merchants
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Beaver Street
ubiTs Special Examinations
Alonzo Richardson & CO. Certified Public Accountants
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Ats
Charles J. Metz
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Audit Company of the South Healey Building
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