Financial tides rise as war news shocks markets
Markets faced a brisk sell off after the North Sea naval clash reduced British sea supremacy slightly but left overall balance intact. Investors eyed the labor and farm outlook, with mergers, Exchequer bonds, and wartime debt shaping activity as banks and the Stock Exchange stayed open through mid-June.
MENTIONED IN THIS ARTICLE
Stock Exchange
Securities Committee
Throgmorton Street
British Railway
North Sea
Treasury
Exchequer Penal Tax Imposed in London
London reports the Chancellor of the Exchequer imposes a penal tax of 2 shillings. The measure, part of financial policy, aims to raise revenue amid postwar economic adjustments. Government officials urge compliance and anticipate broader fiscal impacts.
MENTIONED IN THIS ARTICLE
NEW York Times
London
Markets Show Quiet Week On Paris Bourse Amid Mixed Bonds
Paris reports a short four day week with the Ww loan steady at 88.25 and routes at 62.75. Spanish external funds gain interest while de Beers and rubber shares slow. Carry-over funds pass, shot is 3 percent, and sterling cables rise to 5.91. Bank returns show a 110000 francs increase in war finance and no signs of peace proposals.
MENTIONED IN THIS ARTICLE
Department of Agriculture
NEW York Times
Paris
York
Money and Exchange Rates in London Markets
London demand and exchange figures show cables and credits with fluctuating last prices. Various lines list May to June rates for cables to Switzerland Holland Italy and Russia Austria Greece, along with domestic demand figures and holiday notes.
MENTIONED IN THIS ARTICLE
London
Hell
Switzerland
Holland
Italy
Dem
Cab’s
Cab's
Russia
Austria
Greece
Cables
Stock Market Bonds and Stocks Week Ended June 3 1916
Finance page records total sales 18 429 000 for bonds and 18 429 000 for stocks with year to date totals 467 274 400 and 347 469 200. Lists major bond issues by issuer and prices with weekly changes, plus NYSE stock table showing June 3 1916 versus June 5 1915 results and weekly totals.
MENTIONED IN THIS ARTICLE
del & Tp
del. & Et
Maryland
Aera
Det
City Gas
P. Ist
Col. Tr. Sa
Lvex
Detroit United
W. U. Tel
Col. Tr
Wou. Tt. R. B
I Wilkes
Tokio
Pet
Basar
MK & T
MOK. & T
Falls Power
Hocking Valley
Wales
T. C
N. Y
Hudson Co. Gas Sa
Hud. & Man
Adj
S* Ray
N. Y. Canal
Central
B. B
Ill
Nl Cent. & C
St. L
Everrs
Illinois Steel
Indiana Steel Sa
TOD Cue
Interboro
R. T. Ss Arm
Inter.Met
M. M
St. Pomp
T. Fr
Iowa
Kanawha &M
Lonnenrit KC. Ft. &. & M
Reewet
Kan
Kan City & Pac
D. M. Ist
Ngs Co. el. L. & P
A. A
Ck. Steel Sa
New York Stock Exchange
Erie & W
Lake Shore
Lahigh V. Coal Se
Liggett & Myers Sa
Long Island
Lorillard
le N. Col. Tr
Simeonae
MK. & T. Ext. Sa
MOKAT
T Se
GI & Mo. Pacific Sa
O. Ec
Bank of State
T. R. Atpd
England
Col
WEMGS
T. R
Sn E
Germany
Holland
C.t.rusta
Mo. Pacific Con. Sa
Mo. Pacific Cy. Sa
Pac. Cy. Se
Mo. Pacific
Switzerland
Portugal
Mob
O. Gen
Sweden
Shee Saad
Norway
Montana Power Sa
Nash.,o. & St.l.ge
Denmark
Jccvedeseonsnesem
Also Mentioned on This Page
St. Paul Gas Light Co
Peetal
WA. Read & Co
Philadelphia
Boston
Cone Investment
Spencer Trask & Co
Aspen
Ig 1
Montreal
Lenden
Province of
Ontario
M.w.halsey&co
Well Street, New York
Chicago
San Francisco
Evelian
Baruch Ee Ce
Broadway
New
Sidney Spitzer & Co
Lw .C.langley&co
New York City
America
Europe
Financial District
Bourse Less
Money and Exchange
Cail Renewabe
Wise
Trf Ems
Conia
New York
Domesco
St. L. F
Oce
Mos
Brit
Corisois, Rentes
Eee
Low
Lest
Adams Express
Alaska
G. cv
Allegheny Valley
Albany & Sus
St Eoy
Aim. Ag. Ch
Ag. Ch
Deb. Sa
WIM VT Am
Cotton
Hide &L
Sibeli
Writ, Paper Ss
Ann Arbor Peaesaris Cig OH
Armour & Co
Atl
Coast Line
Balt
C.&a
Balt. & CO
Ohio
Central Leather
Central of &. J
Central Pacific
Ou Ho
G. C
Catro
W. Ds
Orl
Aval
U.e
Rys
Norf. i W. Con. Ns
Nor
W.c
Northern Pac Nor. Pac
Ifle
Power S. F. Te Sh. L
V. Fe
Lly
Texas & Okla
Texas & Pac
Ebu Uote
Ams
W.N
T. Lst
Chicago, Ill
Wall Street
Savings Banks
Spitzer, Rorick & Co
Spitzer & CO
Nassau Street
Toledo
Kansas City
City
Remick,Hodges&Co
Wall
W York
R. L. Day & Co
Hambleton & Co
Calvert St
Exchange
Baltimore
Blair &Co
Travelers Letters of Credit
Megargel & Co
Kew Sekene
Chicago Stock Exchange Investment Securities
Pine Street
Massachusetts
Connecticut
Clark, Dodge & Co
Wall Street, New York
Greenwich
Conn
Duluth
Minn
Dayton
Sch
West Orange
N. J
Tacoma
Wash
Los Angeles
Cal
Edgewater
Seattle
Memphis
Tenn
Haddonfield
Montgomery
Ala
San Antonio
Texas
Sch. Dist
Waco
Birmingham
Houston
Vicksburg
Miss
Wildwood
Cory
R. M. Grant & CO
Nassau St., New York
Erie County
N.Y
Westchester
Minneapolis
GEO. B. Gibbons & Company Municipal Bonds
H. E. Borie
Drigs-Seabury Ordnance Company
Adolph Edward C. Delafield
Franklin Trust Company
Edward R. Duer
John A. Griswold
Ouander M. Hall
V.P
The
Liberty National Bank
William P. Jenks
Messrs. Jenks, Gwynne & Company
Sydney H. March
Messrs. Ladenburg
Thalmann & Company
Grayson M.-P. Murphy
Guaranty Trust
Edwin A. Potter
Continental & Com
S Bank
Edwin A. Potter, Jr
P. Dol
the Girard National Bank
Harry E. Ward
Irving National Bank
Dominick