Market Holds Pessimism As Stocks End Heavily Decline
New York May 11 Public Stocks fall amid renewed bear selling as market shows widespread liquidation across sectors. Union Pacific and Southern Pacific jointly borrow 25 million dollars at 7 percent secured by Pacific Fruit Express stock. Textile and electrical worker strikes falter while railroads face congressional scrutiny. Overall activity damp, with little call rate movement and heavy losses for merchants holding luxury goods. Liberty bonds steady as overall market trends mirror general bearish sentiment.
MENTIONED IN THIS ARTICLE
Caranza
Union
Pacifc
Southern Pacific
Pacific Fruit Express
New England
Washington
Congress
Interstate Commerce Commission
Wall Street
Cotton market drops with October futures down sharply
May 11 Cotton New York notes a sharp market break as October futures slide from 36.15 to 35.39, closing near 26.45 for not delivery and barely steady overall with 20 to 43 point declines. Factors include Manchester trade news, domestic weakness, stock market softness, and favorable weather reports. Port receipts total 984 bales and US port stocks rise to 1,190.52%. exports this season reach 7,706,308 bales.
MENTIONED IN THIS ARTICLE
New York
Manchester
United States
Coffee futures slip as May contracts lead losses
New York coffee market quieted with May contracts dropping 33 to 38 points from last night’s close. The board showed a broad retreat with losses of 29 to 36 points at the day’s low while several months traded around 11 for September and 11.61 for other blends. Spot coffee remained quiet and nominal.
MENTIONED IN THIS ARTICLE
New York
Qasler
Ace
Tn Aranged
Big LO
Washington
Senate
House
State OF Connecticut
New Haven
Superior Court
Manchester
Wien
Connecticut Company
Persqna
Acre
Public Utley Commission
City of
Town of
Public Antisties Com
Af Srld
Fairfield
Hartford
County of
Dry goods markets ease on revised orders in New York
May reports from New York show the dry goods market softening as orders were not revised drastically. Cotton goods quiet, gray goods firming, yarns steady, and berlaps in supply. Washington hearings on railroad carrier rate increases in southern and western territories set by the Interstate Commerce Commission for May 28.
MENTIONED IN THIS ARTICLE
New York
Washington
Southern and Western Classification
Interstate Commierce Commission
Market Report From New York Receipts and Prices
York May 11 Butter receipts 9138. Creamery prices higher with extras reported. Creamery and state items list varied prices for butter and eggs. Potatoes, citrus, greens, and cotton futures noted with different bids and regional references. Prices shown for sugar, corn, oats, and other staples reflecting market conditions.
MENTIONED IN THIS ARTICLE
York
State
Penn
Hennery
Stata
Pennsylvania
Hennery Brengas
Florida
South Carolina
New York
Middle West
Tuly
French Wheat Crop Outlook Boosts Hope for 1917 Supplies
Paris reports a promising wheat crop, with over 12.36 million acres sown and an expected yield near 16,000,600 bushels. Officials say imports may fall to about 2,700,000 bushels to meet next year’s needs. Agricultural experts note the crop could nearly satisfy France’s full requirements.
MENTIONED IN THIS ARTICLE
Paris
Eight Canadian ships to join merchant marine by June
Ottawa reports eight more vessels will be added to the Canadian merchant marine before June 12, raising total ships to 34 completed and to be delivered. The announcement confirms a steady expansion of Canada’s seafaring fleet.
MENTIONED IN THIS ARTICLE
Ottawa
Canadian
Merchane Marine
Senu
Washington
Houston
Development of Motor Trucks Great Strain on Highways
A nine week test between New York Boston and a day count near Trenton shows 4600 motor trucks move weekly on the corridor from New York to Philadelphia. The study notes rapid growth of motor truck transport, its impact on rail freight, and the need for better highways to sustain demand. It discusses future projections, highway construction, and federal plans for a national system of highways to support trucking expansion.
MENTIONED IN THIS ARTICLE
SY Holland
New York
Philadelphia
Boston
Trenton
Yorks
Vesty
Swithin
Federal Reserve
Metways Ag
Townsend
Adjncent
Scivice
Onder
Trafic
Trance
Batte
Marne
Federal Treasury
Treasury Department
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Broadan Wall
Liberty
DR. C. W. King, Inc
Fairfield Ave
Sagal
Pou
Gar & Mt
Midvale Steel
Amerigan
Ship & Com
Narfalle & OW
Smelzing
American Suer & Ns
Pierce Arrow
Top & S
ALY Gulf
Baltimore
Ray Consol
Bethlehem
Beth of Stad
Lede Azys
Stromberg
Steel
Pacific
Tito
Tate
Ier
Ana Genom Motors
UF & Steel al
Utah Copper
Hepp Motor Way
Western Talon
Intercova
Westhouse i
Inter Harvester
Worthington
Sterling
Emand
Treasury
Laura Rabole
Mala
John Robbie
Staples
James Staples
State ST. Bridgeport
Rb, T. Stoplew
William R. Bull
Security
Bridgeport
Ier, Roe
Bank St
Open & Art
Sas
E. Greenamyer & CO
Fifth Ave
United Bond CO
Sain ST
TOS P.M
Hamilton Bros
Barnuse
Conn
U.S
Ordnance Department
Bartlett & Hayevard
Baltimore, Md
R. C. Wilson
M. Fox & Sons CO
South
Paca Street
Baltimore,Md
Ben Franklin
New Savings Department
The
Connecticut National Bank
Meares
Basia
Bea Franklin
Connecticut
Main Street
Wall
Omcolar
NOBLE
J Raymond Kear & CO
von Polesz & CO
Ixc
Liberty Bldg
Great Texas Oil & Refining CO
Port Worth
Texas
National Selling Co
Church St. Dept. T
New York City
FIRST
First Bridgeport National Bank
State Streets
Columbia Nut & Bolt ‘Co
Malleable
Miron CO
Am, Falgrics CO. Employment Office
Conn, Ave. & Waterman St
Ee Potter & Johnson
Aut Mobile
Stetal
Am, Turd & Stamping Co
MAX Ams
Factory Manufacturers’ Association
Court Exchange Building