Market Slump on Wall Street Amid Political Talk and Profit Taking
Stocks showed little impulse in a subdued session as traders weighed the Mexican note and domestic political signals. Major issues closed lower with selling concentrated in reading and iron and steel groups while gold imports rose and foreign exchange rates fluctuated against the dollar.
Financial ledger excerpt of exchange and silver rates
The document lists balances and exchange figures including Sub-Treasury balance 18,088,046 and 521,005, with domestic exchanges in New York Boston Chicago St Louis at varied discounts and premiums. It notes London silver at 82 1/2 pence, New York silver 68 1/4, and Mexican dollars at 24 56 cents.
MENTIONED IN THIS ARTICLE
Treasury
New York
Boston
Chicago
St. Loui
San Francisco
Montreal
London
Seareit
Lst
West
St Pao Coast
Pitts
R&p
Trade Continues Active Across Federal Reserve District
May business activity is reported as continuing strong across the district with unusually good collections though country roads slow payments. Savings banks note larger net deposits and better income ratios than last year while wages rise and strikes create unrest and concern.
MENTIONED IN THIS ARTICLE
Federal Reserve District
Pierre Jay
Federal Reserve
Federal Reserve Bulletin
War Loans Advance on American Bond Revenues in London Market
The London stock market showed a generally quiet but sturdy tone as war loans and consols rose in the afternoon supported by funds from American securities. Argentine and Japanese bonds were strong while Cunard shares faced profit taking yet shipping stocks gained on steady buying. American securities saw active trading, notably Union Pacific shipments to America. Treasury bills and Exchequer bonds sales were modest ahead of the new three year Exchequer issue due next Friday.
MENTIONED IN THIS ARTICLE
Ceserpeetegeeerss
Igs
Adams
Ade Ixpress
Alaska
Eee
Juneauss Ns
Allisé
Reading
Waleksi
Allie-Chete. We
Am. Agpicus. Chem
Am. Bett Sugar
Car & Fdry Pf
Am. Smelt
Raican
R. Pf
Pf. A
Carranza
Steel
Teleph
Toolen
Lt. S
Anaconda Cop. Co
Atch
Top
S. F
Atlantic Coast Line
Baldwin
Baltimore & Ohio
Prlyn Rapid Tran
Wall Street
Gauivernia
Casebian Pacific
Central Leather Co
Great Western
Mil
Chi
St. P
Rock Isl & P
Chile
Chino Cok Bi Lp
L.pt
Cluett, Peabody Co
Col. Fuel & Iron
Ito Gr. Ptt
Distillers’ Secur
Erie Jat
Ederny
M. & S. Alee
General Electric
Coume F
Great Northern
reene-Cananea
Gulf S Steel
Gulf
Gulf 8. S
Harv. Corp
Mar
T. T
Ottawa
Kennecott
Keokuk & Des M
Holdera
Amer
Lehigh Valley
W. Tin
Mackiy Cos
Feswiell Motors
Max! Motors 2d
Mexican Etroleum
Michigan Central
St. Louis
Matea
American
Missouri Pacific
Nao Cloak & Bull
Nat. En
Europe
Nat. Lead Co
Nevada
N. Yi
Central
N. H
West
Norf
Pacific Mail
Penn, R. R
Bec
Fa Bataa
Philadelphia
Pittsburgh Steel Pl
Public Service N
Fee Wee mFwer
Pullman Co
New York
Railway Steel Sp
Railway Steel
Cleveland
Ray Con
Richmond
Iron & Bsteel
St. Lonx
Rep. Iron & 8
St. L
F. Wi
Kansas City
Dallas
St. L. Southw Pee
Sanisco
Seaboard Air Line
Sears
Roeb, & Co
Agricul
Shattudg
Arizona
Sloss Agoe
Boston
Southern Pac
Southern Parisic Te
Panaseyale
Southern Railway
Ound Eteie
Southern
Standard Milling
Studebaker Co
Tennessee Copper
Minneapolis
Was CO
Texas & Vpacific
Third Avenue
San Francisco
Twin City R. T
Union Pacific
Ase
Iss
United Rys. Invest
Indus. Alco
U7. S. Red
Sks St Hs
Mlb
Sng
Utah Securities
Peat
Levi
Ma.Car. Chem. Pf
Aed
Tabash Ip Ea
Bates
Eeeveee Ee Me
Yanesh Pf
Eho Ee Dusm
Abash Pf. T
Sak
Eeeveeseneeseess Bmgbh
Maryland
Dee
Estern Union Tel
Ze Vopmee Oo
Weatingh. B. & M
Willys-Overland
Stering
Emand
F.W
Paria
Berlin
London
Paris
Ausitim
Scandinavia
Spain
Switzerland
Greece
Holland
Italy
Russia
Yokohama Philippine Islands
Manila Banese
South America
Buenos Aires
Rio
Jesuse
Bankert
Cunard
America
Treasury
Canadian Pacific
England
Stock Exchange
Trading Quiet on Parise Bourse
Trading was quiet on the Bourse today in Paris. Three per cent rentes closed at 82 francs 75 centimes cash. Exchange with London listed at 28 francs per one cent. Five per cent loan settled at 85 francs 25 centimes.
MENTIONED IN THIS ARTICLE
London
Co Oenewe
Idaetaae
Ener
Paris Bourse To Stay Closed Saturdays This Summer
The Paris Bourse will remain closed on Saturdays from June to October unless a fortnightly settlement day falls on Saturday when it will open. It will be closed tomorrow for the state funeral of General Joseph Gallieni.
MENTIONED IN THIS ARTICLE
Paris
Joseph IS
Gallieni
Wall Street Notes on Oil Dividends and Steel Prospects
Cosden & Co.’s plan to declare a 50 percent extra dividend signals strong Oklahoma oil earnings. The piece tracks oil profits, Cushing pool output, and foreign demand for steel, with reactions to Canadian Pacific mobilization and Lehigh Valley leadership changes. It also notes freight embargo easing, grain outlook cautions, and market shifts in 1917 expectations.
MENTIONED IN THIS ARTICLE
Cosden & Co
Oklahoma
Treasury Statement Receipts and Expenditures May Report
Treasury shows May receipts and outlays with customs and income taxes. Total receipts reach about 60 million. excess of ordinary disbursements over receipts around 339 thousand. overall deficits 50.8 million for expenditures.
MENTIONED IN THIS ARTICLE
Treasury Statement
New York Times
Washington
USS
Closing quotations and stock bids from government bonds and equities
Closing quotations show bid and asked for U S government bonds and numerous stocks. Multiple securities such as Am Agr, Am Coal, Am Ex, and Tob. are listed with bid and ask figures, including percentage ranges and dated references through 1965.
MENTIONED IN THIS ARTICLE
United
Ad Rumely
C-Am Gus
Jil Am Ag
Ch del & H
L& Ww
Am BS & D&Érg
P&l
Det & M
Erie
Granby C
T & C, Elme
OS Jamestake
Ann Arbor
Agpt
Booth
Brown
Also Mentioned on This Page
Hedenpy, Hardy & Co Incorporated Securities For Investment
Wall St
New York Central
Hudson River R. R. Co
New York Stock Exchange
Bassechacstts
Connecticut
Vermont
New York City
New York Central Railroad Co
Cireuler AG
N.W
Harvey Fisk & Sons
New York Stock Eschenge
Uptown
East 45Th Street
Cedar Stupet
New York State
Neatertown Light & Power Pany
Public Service Commission
E. H. Rollins & Sons
Altae Rancreco
Good Tone
Oklahoma Oil
B. B. Thomas
High Valley
Thomas
Directo
Eastern Freight Accumulation Conference
New Haven
Northwest
Northwestern National Bank of
Fa Vc Dd
Eses
Ete
Ossnige Coed Seceuenss
Bki
St Lane
Gt North Oseet
Mer Marcol
Esiege swiestRn
Nenseeree
Gry
Oo 'Leon
J & Myera Te San An
Cc & N
Cuba
Lille
Prene d. Saaa
Gonageseas
Cife
Depes
So-Sa
Bae
Alaska Gold
Ile Col Wi
Ll & N
Vaneae
Linn & St L
Paas
Beries A
OM 'To
Texas Co
Lebeesesss
L&w
Norf & W
Nor Pacific
OAM
Beccenores
West Shore És Ua
Posebes Penn
Wilkes & Fist
M & Om
Clu-P
Col & So
Rex Carp
Louis & N
M'’kay Cos
Man Beach
Renskorf, Lyon & Company
Eschenge
Eachangs Board of Trade
Chicego
Cotten
Eachenge
Liverpest Cotten Association
New Street
Parkinson & Burr
N. Y
Boston Stock Exchanges
State
Pisa
Broadway
St Ne. A-18
Teronte
John Muir
Odd Lots
RITE
Estabrook & Co
St. Ae