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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Apr 06, 1915
Page
2
U S Steel led a broad stock market advance as trading surged in New York with many issues posting gains to new yearly highs. Bethlehem Steel climbed toward 92, then flipped higher late. auto and equipment shares rallied while Missouri Pacific lagged on restructuring concerns. Total sales reached about 2.68 million dollars. bonds were steady.
New York notes show varied prices across rail and industrial bonds with many firms listed. Major names include American Telephone and Telegraph, American Smelting, Bethlehem Steel, Chesapeake & Ohio, Chicago Great Western, Pennsylvania Railroad, Reading, Southern Railway, Union Pacific, and Westinghouse Electric among others. CURB Market reports steady currency and mercantile conditions with firm time loans and steady call money, while broker quotes reflect diverse bond activity.
New York April 5 The market opened with public buying at its strongest since December as orders piled up through commission houses. Ninety two stocks hit new highs last week with 68 industrials and the rest railroads leading the advance. New issues sold at top levels as Haven strength rose on note arrangements and February operations showing full ingress. Bethlehem Steel holders meet tomorrow as Wall Street debates potential control changes, though board seats remain five. The stock rose to a new high of 32 this morning.
New York banks report surge in acceptances. Guaranty Trust, led by Charles H. Sabin, shows $54 million in accepted bills backed by American producers. The London model and war-driven capital inflows back a rapid rise in U S deposits and assets, signaling lasting impact on American industry and finance.
Sales Regular call at noon shows Capital Traction R R 6s with 1 000 at 1M. Potomac Electric Consolidated 5 percent 31 000 at 100. Riggs Realty 53 long 31 000 at 10144 and 92 000 at 101t with 1 000 at 101g. Washington Railway and Electric common 7 at 884 with various lots at Sig 2 at 88 25 at 38 23 at BO4 25 at 8S 25 at 84. Washington Railway and Electric preferred 20 at 34. Washington Gas 2 1/2 at 72 After call N and W Steamboat, 500 at 106%
Baltimore market notes list wheat prices for No 2 red and Western wheat and steamer wheat, oats and corn contract figures, and varied poultry prices for alive fowl and ducks, with butter and roll prices across regions Maryland to West Virginia. Prices include multiple weight categories and quality grades.
Narrow trading in Washington stocks and bonds as Railway common rose from 38 to 38 1/2 with 150 shares traded. Washington Gas traded at 72, Potomac Electric strong at 108 3/4, Rigga Realty long bonds advanced, and American Graphophone common bid at 76 to 77 while no stock moved.
The United States Treasury reports yesterday's close with total receipts of 1,319,285 and total payments of 7,814,403, yielding a fiscal year deficit of 3,743,486, compared with a 28,364,951 deficit last year excluding Panama Canal and public debt transactions.
Wholesale prices for poultry dairy and produce list variety items with per pound per crate or per sack figures. Items include alive fowl such as hens roosters ducks and turkeys. dressed poultry. butter eggs celery lettuce peppers tomatoes cucumbers onions and citrus. plus potatoes yams squash and cranberries with price ranges reflecting quality and region. Several OCR errors present but the core list reflects periodic market quotes.
New York reports monthly prime crude indices across seasons with values ranging from 6.50 to 7.21 for April to September and 6.60 to 7.75 in paired ranges. Data shows seasonal variation and color qualifiers prime summer yellow and white.
Ol City Pennsylvania on April 6 reports credit balances of 1.35 dollars, with 115,666 runs at an average of 61,467. Shipments total 88,244 with an average 23,734. The figures reflect recorded financial and logistic metrics for the period.
Special to The Washington Post reports a Santa Fe collision between the Overland Lim ter s and an eastbound Hunt ed train at a Monrovia switch, 16 miles north of Los Angeles. Thirteen passengers were injured, none seriously, including H H Levinson of New York Ids Lesler and her son Herbert of Albany Willem Jordan of Germantown Philadelphia.
Report lists hogs sheep veal calves and spring lambs with price ranges, notes New York trading, Wheat spot and futures firmness with No 2 hard and northern rail prices, Corn No 2 yellow firm to arrive, Oats steady with standard and white varieties, Rye dull in Western markets, Barley ease in export context, Buffalo opening navigation signals.
Ground has been broken for Premier Window Glass Company's new plant in Pennsboro West Virginia. The facility will be an 18-blower operation and is expected to employ about 200 men. It sits near the Penn Window Glass Company plant recently completed, same employment level anticipated.
Philadelphia market note dated April 5 shows butter firming at 6.00 to 6.16 for various creamery grades, cheese at 16 17 for New York full cream, and wheat and corn prices higher with No. 2 red export at 1.55 to 1.57, No. 2 spot corn at 15 16 ½, No. 2 yellow total at 20 81, and oats steady at 84 64 for No. 2 white. London market holiday noted for Liverpool and London exchanges.
A Dresden American Club resolution urges the U S to halt arms and ammunition shipments to warring European nations. It argues neutral nations should refrain from fueling conflict and calls on Americans to act as Christians to end the carnage. Leon Rains chairs. Carl Recknagel secretary. Telegraphic reports from Texas show peach crop damage of about 3 to 5 percent in northeastern districts Jacksonville Athens Marshall Lindale, with shipments expected 60 to 400 cars despite 1913 crop failures.
Chicago hogs and cattle receipts and price ranges for pigs, steers, cows, calves, sheep, and lambs. New York butter eggs cheese and poultry prices. Baltimore weekly cattle and sheep totals with price bands. Western and East meat markets with pork, beef, and lard figures. assorted dairy and grain items listed by region.
Copper prices steady as of April 3 with casting at 15.0K and 15.75 for spot. No 1 Northern quoted at 14.26 and No 1 Southern at 14.26. London firm amid holiday pause.
The Clinching Argument proclaims service excellence to attract new depositors. It touts over 32,000 satisfied customers keeping funds with the institution and argues consistent interest rates for all accounts.
Listings of bonds and stocks with prices and quantities for sale including Washington Gas 5% at 14.71 000 Wash Rwy Elec 4% at R114 Potomac Coneld 5% at 100 Georgetown So at 104 10S Capital Traction So 50 Wash Rwy old at Aas 50 Washington Gas at 71% 20 Wash Southern Bank at 191 10 Bank of Washington at 253 b Riggs National Bank at Hotex dtw 100 Continental Trust at 120 20 Franklin Nat Hank at 120 25 McLachlen Bank ep ibid wanted 10 Washington Storage Co at 35 25 Geyety Theater at 131 000 Wington Gan 5% at 10344 $1,000 Wash Hws Elec 5 at 1 87,000 Potomac Donard 5% at 100% 25 Capital Traction at 85% 16 Washington Bwy ptd at 8% 25 Washington Gas at 76% 10 Mergenthaler at 172 10 Bank of Washington at 205 30 Munsey Trust 95 Subject to previous acceptance or cancellation All executions for cash puying and selling orders on all listed stocks and bonds solicited Deliveries for cash at your own bank THOMAS L. HUME Broker 1416 st Rooms 9-11 Tel M 1246
The notea on first deeds of trust form fiat mortgages secured on real estate in the District of Columbia are described as gilt edge investments. They remain stable in disturbed markets and are exempt from taxation as personal property. Swartzell Rheem Hensey Co offers a booklet titled Concerning Loans and Investments.
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