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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 12, 1917
Page
5
In a choppy session on the New York Exchange, industrials fluctuated as steel and chemicals led advances while rails and oils retreated. Bond activity faded after an early rise as traders weighed unfilled orders and the Fed’s signals, with several issues hitting new highs and others closing lower amid a broad, cautious tone.
The Tribune lists stock quotes in dollars per share with numerous figures across numerous companies, bonds, and foreign securities. It reports total curb market transactions and prices for Monday, noting the volume and comparison to prior sessions.
Commodities trading sent the cotton market into a frenzy with futures up as much as 125 points at one point, closing around 2467 to 2465 for October contracts. Strength came from trade interests hedging against large forward deliveries, while spot buyers, including New England mills, stayed cautious amid ample current supply and no fresh crop offers.
The report shows sustenance totals for the week at 28,824,000 bushels, versus 63,877,000 last year, with exports to Europe rising to 11,428,000 from 1,578,000. It notes increases from Australasia and India while North America still supplies most of Europe’s imports, and details cash prices, futures activity, and dairy and other commodity movements with several strong and varied shifts across markets.
The Vale and Towne Manufacturing Company announces a dividend for the quarter ending June 19th. The Heard ne Dir is payable on June 3rd. Secretar notes details of the process and payment.
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