Markets Rally on Steel and Munitions Gain Amid Strong Earnings
Stocks rose from lull as Union Pacific and United States Steel led gains. Strong June earnings from Pennsylvania system and railroads boosted confidence. Munitions stocks climbed with new foreign contracts. coppers stayed flat while bonds showed uneven activity.
MENTIONED IN THIS ARTICLE
Althrough
Northwest
St Paul
Chicago
Northwestern
Coalers
New Haven
Rock Island
Missouri Pacific
United States
Baldwin
American
Pennsylvania 8 Eastern Lines
Ines
Pittsburgh
New York Stock Market Ex Dividend August 1 1316
Total sales reached 224635 shares, up from 216439 yesterday as investors awaited ex dividend trading. Trading activity showed modest gains with daily turnover reflecting renewed market interest and stability after the prior session.
Cotton market soars on crop report advance
New York August 1 the governments crop report triggered a sensational rise in cotton December contracts from 1333 to 1365 within minutes, a new high for the delivery followed by selling pressure as the market closed with December at 1850 and the general market up about 10 to 11 points.
MENTIONED IN THIS ARTICLE
New York
Parsons Linked Sugar Trust Creator and Early Underwriting Syndicate
New York details John B Parsons estate of about 2.27 million dollars after his 1916 death He helped form the sugar trust with Dos Passos and Havemeyer and organized a pioneering underwriting syndicate Although the plan was ruled faulty by courts it demonstrated how a trust could be established and later inspired broader corporate combinations Parsons profited from cash or stock payments and his influence shaped late 19th century industrial finance The piece notes his potential net from fees near one million dollars and compares his status to notable lawyers of the era.
MENTIONED IN THIS ARTICLE
New York
John B. Parsons
Parsons
United States
Barket
William M Evarta
James Co. Carter
Parsone
Pareona
Monay Vaina
H O. Havemeyer
Havemeyer
Henry HR. Plagter
Standard Oil Trust
John R Dos Passos
McParsons
Dos Passos
Om! Trust
Steel and Iron
Chicago
Norman B. Ream
Marshall Field
H. H Rogers
Parsona
Sugar Trust
Holland
Local Stock Exchange Declares Noon Sales Call
Local stock exchange reports regular noon sales including Washington Railway and Electric bonds and stock. Capital Traction Hallway, Merh to Mergenthaler Linotype and Lanston Monotype show varied bids and asks. District National Bank, American Security and Trust, and Security Storage list notable holdings with bids and prices.
MENTIONED IN THIS ARTICLE
Capital Traction
Washington Railway and Electric
Washington Railway and Electric jPrd
I Mergenthaler Linotype
Lanston Monotype
District National Bank
American Security and Trust
Treasury Figures Show Deficit Narrowing Amid Mixed Receipts
The Daily Treasury report notes yearly deficits with a current shortfall of 6.87 million dollars, down from last year’s 5.57 million, excluding Panama Canal and public debt trades. It lists assets in the general fund, gold and silver holdings, and various bank and currency figures, alongside market summaries for wheat corn oats poultry butter and eggs in Baltimore trading.
MENTIONED IN THIS ARTICLE
United States Treasury
Goaner Fund
Panama Canal
York
Treasury
United States
Federal Reserve
Federal Reserve Banks
Philippines
General Fund
Domestic trade leads ICrops better than average in Fed notes
The Federal Reserve Board summary from twelve districts reports domestic demand gaining over foreign orders, with conservatism driving toward permanent prosperity. Crops improve in most districts and labor remains satisfactory except New York and San Francisco. Highlights include rising imports and exports, bank clearings, and active building, while storms in Richmond and Atlanta disrupt business conditions.
MENTIONED IN THIS ARTICLE
New York
Richmond
Atlanta
United States
Federal Reserve Board
Federal Reserve
San Francisco
Boston
Metal Market Copper Steady as Tin and Futures Move
New York July copper prices held firm at 2500 to 2700 with electrolytic trading steady. Tin showed quiet activity at 3850 with spot tin around 257, futures near 368, while London copper and other metals posted minimal changes in early trade.
MENTIONED IN THIS ARTICLE
New York
London
Maxwell Motor Company Announces Dividends and Earnings Report
The Maxwell Motor Company executive committee recommends paying 1 percent quarterly on second preferred stock and 24 percent quarterly on common stock, plus full payment of the first preferred stock dividend warrantee. Pennsylvania System reports record year with 690 percent return on property investment, gross revenue 37,514,060 for June year, net after taxes 10,222,180, and six months net 50,767,184. Western Maryland shows net after taxes 3,542,020 for the last fiscal year, gross earnings 10,930,363, and June gross 992,162. Insolvencies rise to 1,207 with liabilities 12,647,499 as of May, signaling a peak in recent years and a 40 percent drop versus January.
MENTIONED IN THIS ARTICLE
New York
Union Pacifi
United States Steel
Stein
Flnes
Pennsylvania
Maxwell
Studebaker
Maxwell Motor Company
Maryland
Duns Ravian
Oil Quotations City Pa August 3
Oil market update from Ol City Pennsylvania shows credit balances at 250 and shipments totaling 74 42 with an average of 57 403.
MENTIONED IN THIS ARTICLE
Ol City
New York Money Market Rates and Foreign Securities
New York money market figures show Mercantile paper at 4.71 percent for 60 day bills with 4.75 percent discount. demand francs at 6.90 percent, marks 7.113-16, kronen 12.30, guilders 4.17-16, rubles 30.40. Time loans steady with 60 days 3.3 percent, 90 days 3.4 percent, 3 months 3.6 percent, 6 months 3.4 percent. Call money firm at 2 percent, high. low 3 percent. rating rate 2 percent. last loan 2 percent. closing bid 2.44, offered at 3 percent.
MENTIONED IN THIS ARTICLE
Kan
Alaska Gold
Kelly S
Tire
Kennecott
Lake B & W
Lehigh Valley
HS & Fotto
Lee R & Tire
Car & F
Macksay Cos
Manhattan FE
Hide & I
Maxwel
Motr
Heatl
Max
Miami
Tel & T
Mo. Pacific
Mo. Pac
P. Pf
Nat. Biscuit
Nat. En
Bay TY
Nev
Atchison
NY Central
Nort & Weat
Bboy
Bay
North Amer
Pacffc Mailee
Penn R R
Peoples G & C
Brag
GR Co
ApgiCa Petroleum
Phila Coal
Pacific
Pitts
BAH
RootPitts Co
Pitts Steel
Chan Motor
Prese Steel Car
Ate
Preas. SC
Ioc & O
Ray Con
Goo M & Bt
Ry Steel
300Ic M. & St P Peli
Bears-Roe
ATM
Shattuck A
Cluett-P
Sloan Ss &I
Col
Fast & Iron
South Pacific
South Ry
Standarts
Studebaker
Crucible & Pf
Texas Co
Third Avenue USA
den & RG Pt
Dist Securities
Union B&p Pf
Union Pacific
Union Pac. Pf
UN Cig
Erle Ist Pf
United Prust
Gen Electric
UN. Ry Inv Pt
Anele” & Steel
Oro
Utah
Illinois
Wabash
Ing Copper
Wella Fargo
toolInt
West Mary
C. Pelosty
MoMatta
Westinghouse
Weyman-Brut
Woolworth
Nickel
Willys Over
Wisconsin
New York
Mercantile Paper
France
New York Produce Prices and Receipts Summary
New York Aug 1 price report shows butter receipts at 23 703 pounds with creamery extras at 92 score and higher, eggs receipts 1 946 with fresh gathered extra fine at 32 cents per dozen, nearby hens and browns listed, cheese steady with state specials 16 cents, pork at 28 to 28 50 per barrel, beef steady, lard firm from middle West 13 40 to 17 90 cents.
MENTIONED IN THIS ARTICLE
New York
Hennery
Philadelphia Markets Report from August 1
Philadelphia markets show butter and eggs firm cheese firm wheat higher with No 3 red spot and Aug 1 at 12541.28 and No 2 Southern red at 123 126. Corn remains quiet though steady, oats firmer.
MENTIONED IN THIS ARTICLE
Philadelphia
Local Stock Market Ends Quiet Amid Light Demand
Quotations on the local stock exchange slipped into the mid summer lull with light demand for stocks and bonds. Capital Traction moved 5000 at 106, Washington Railway and Electric bonds at 82 and 83 1/2, Lanston sold 81, and small lots such as Mer genthaler and American Security and Trust traded modestly. New York curb bids stood higher, but the overall tone was listless with no clear direction for future moves.
MENTIONED IN THIS ARTICLE
Local Stock Exchange
Washington Railway
Lanston
Washington Gas
American Security and Trust
Security
District National Bank
New York
C. & Gt. Falls
P. & C. Steamboat
Wash. Ry. & Blee
Potomac Coanld
Capital Traction
Wash. Ry. & Klee. Com
Washington
Washington Gan
Georgetown
Local Produce Market Prices List Poultry Eggs Vegetables
A dated price listing for Altos poultry New York State butter eggs Virginia vegetables and greens. Itemized quotes include hens turkeys spring chickens and chickens by weight. Various vegetables and fruits show per bushel per crate per box pricing with regional sources California New York Virginia and Florida cited.
MENTIONED IN THIS ARTICLE
New York State
Virginia
Florida
California
Washington cattle market hogs and calves report
Chicago and New York market notes show cattle receipts around 3 000 in Washington and 680 in New York with weak to steady tones. Hogs receipts near 17 000 in Chicago and 265 in New York with no trading, lambs and sheep values listed with mixed ranges and firmness in parts of the country.
MENTIONED IN THIS ARTICLE
Chicago
New York
Cottonseed Oil Market Prices Hit Various Months
New York August 1 prices list crude prime yellow and summer white cottonseed oil across futures months. Crude prime crude ranges show 707 nominal and 825 for August with 927 in September and 917 in October. Later months November December through March quoted 816 9.55 for prime yellow and summer white.
MENTIONED IN THIS ARTICLE
New York
New York Grain Market Report August First
New York grain notes spot wheat firm with No 1 durum at 3 34 and No 2 hard at 1 37. Northern Duluth and Manitoba bids listed at 14 and 14 percent. Corn spot easy with No 2 yellow at 92 percent c i f New York. Oats spot unsettled.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Chicago Grain Market Edges Higher on Crop Damage Reports
Wheat prices rose on August trade buoyed by worsening crop damage in the Northwest. September futures around 1.25, December near 1.28. Corn and oats mixed, with corn mostly unchanged to slightly down and provisions up. Cash prices show mixed grades across wheat and corn, while barley sits near 7.6.
MENTIONED IN THIS ARTICLE
Chicago
Bad Month For Cotton Causes Major Crop Reduction
Heavy damage to the growing cotton crop between June 25 and July 25 reduced prospective production by 1,260,000 bales. The August report from the Department of Agriculture announced a production of 12,916,000 five hundred pound bales, down from 14,266,000 bales forecast from June 25 conditions. The crop condition fell 88 percent to 72.3 percent of normal.
MENTIONED IN THIS ARTICLE
Department of Agriculture
Two U S Banks to Open Branches in Russia
New York August 1 Two branches of the National City Bank of New York will open in Russia within months one in Petrograd and another in Moscow. Petrograd should be in operation by September according to Samuel McRoberts president who has just returned from Russia He cites Russia's sound internal finances as evidence the only credit questions relate to export funding and war closures of ports.
MENTIONED IN THIS ARTICLE
New York
National City Bank of New York
Russia
Petrograd
Moscow
Samuel McRoberts
McRoberts
Ruastan Credit
Britain to Impose Tariff on U S Goods
The British government plans a tariff on American imported goods excluding war materials. Commercial Attache Pierce C Williams of the American embassy in London reports the move is clearly foreshadowed and likely to be taken soon. The notice appears in the 1916 POST Automobilia Route Book and related advertising.
MENTIONED IN THIS ARTICLE
U. S
Department of Commerce
Pierce C Winiams
London
Department
Williams
Also Mentioned on This Page
Europe
Berlin
the Commercial National Bank
THE
Bank OF Personal Service
Gratis
Teleo
Gan
Armour & Co
Ite
Atchison Gan
Atchison cv
Atlantic Coast Line
Baltimore and Ohio
Baltimore and Ohio Co
Bethlehem
Brooklyn Transit
Central of Georgia
Central Pacific
Chesapeake and Ohio
Chesapeake and Ohio Co
Quincy
Chicago Great Western
Mil
St Pau
P Gen
R 1
Pac
Wigen
Colorado and Southern
Consolidated Gas Co
Cy Saize
Denver
Ida Great Northern Isc
Tilinets Central
Titnois Steel
Interborough Rapid Transit
Intrerborough-Met
Inter Marine
Kansas Ciity Southern
Aay
Lackawanna Steels
Wake Shors
Eeauty Liggett & Myers
Lorillard
Louiss
Nashville
Norfolk and Western
Northern Pacific
Reading
Republic Steel
St Louis
San Frances
Hay Southern Be
Pacific cv
Southern Oe
Sothern Pacific
Southern Railway
Tennessee Copper
Texas Company cv
Texas and Pacific
tate + bee
Third Avenue
US Rubber
US Steel
Virginia-Carolla Chemp
Western Union
Western Union Sigs
Weat'nghouss Technic Ey
Tex Vntney
UC Sa
Panama
NEW York Stock Market
AGUST
Curb Market
Baltimore Securities
Baltimore
Con Coal
Aise Ie Am
Ee Butte Copper & Zine
Babcock & Wil
Con Power
Chevrolet Motor
Go, Mi
C & Pat
Int
Arms & F
R. & EB Inc
Kelney Wheel
Stutz Motor
Submarina Corp
Entt Verde
Mesche Lai Bous
du Pont
Habana Tobacco
Ott of
Cal St Ol
Ind
Kansan
Kydon
Nebr
Olof N
Steed
Indig
Repta Papita Stock
New Orleans
Galveston
Mobile
Savannah
Charleston
Wilmington
Adventure
Alaska
Norfolk
East Butte Mining
Phiadelph
Mohawk
Shannon Mining
Utah Consolidated Mining
Repta Ghots
Ventura
Houston
Wolverine
Memphis
Augusta
Cincinnatt
Little, Rock
Montgomery
Fortune
John E. Parsons
Parsons and the First Trust
Capital Traction Railway Se
GAB
Geo
Georgetown Gas
Washington Gans
Col. G & E
Cok Gen
Ilroad
Capital Traction Co. Bs
Rivar RR
Ann
Po. R
Guar
Metropolitan R. R. & Wash. Ry
Elec
C and P. Telephone
Amer Grapho
Mkt
W. Mkt Co
W. Mkt
W. Steamboat
Riggs Realty
Ree Public Utility Stock& Lenottat Traction Co
Wash Ry & Blec. Com
Ad Wash
Rwy & Elec
N. and
Washington Ga
Columbia Gas & FE
Am, Tel and Tel Co
Mergenthaler Linotype
Ni’ Lanston Monotyne
Greene-Cananea Copper
National Bank
Capital
Id Columbia
District
Trust Company
Amer Security & Trust
Nat'l. Savings & Trust
Union Trust Company
Wash Loan and Trust
Continental
Savings Bank
Home Savings Bank
Ve Commerce and Savings
East Wash
Say & Com's Bank
Fire Insurance Srocka
Lamington - Sh
West Virginia
Reserve Board
Icrops
Cleveland
Minneapolis
Kansas City
Dallas
Trada
Daratlel
Cheowers Pep Fit
Wall Street
Local Produce Market
Washington Cattle Market
NEW York Grain
Chicago Grain
U.S
Muscovite Empire
Britain
Charles ¢ Glover
Joshua Evans Jr
Tarry
Chaynts
AVON
Nicks Hout Fleming
Abier Asst Cashier Aust
Coslier
Riggs National Bank
PENN
Potomac Consol
Metropolitan R. R
Capital Traction Et Sil
Washington al. & Klee. Ind
Munney Trust
Oklahoma Oil
Thomas L. Hume
G Street
Tel. M
Equitable Co-Operative Building
Equitable Building
N. W
John Joy Edson
Frank P. Reesidf
First Deeda
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
Property Opera
Eberly
Miss Hanna
Margaret Hanna
Twelfth Street
Fennalvania Avenue
Thirteenth Street
Hanna W
George Washington University Hospital
W. B. Moses & Sons
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!