Securities and Industry Market Rally Amid War Contract Hopes
The report notes renewed bullish interest in industrials and railways as war contract rumors buoy trading. United States Steel and other steel issues hit new highs while General Motors, Willys-Overland, Westinghouse Electric, and United States Industrial Alcohol show gains. Crop reports and exchange rate weakness also influence prices, with total par value sales around 3.9 million and bonds advancing on calls.
MENTIONED IN THIS ARTICLE
New York
Ang
Picher Basin
United States Steel
General Motora
Willys-Overlang
Westinghouse Electric
United States Industrial Alcohol
War Order Group
Trade Advices
Montreal
London
Paris
United States
Panama
New York Cotton closes lower on rain prospects in Southwest
New York August weather outlook improves rain chances in the Southwest and eastern Liverpool markets weigh on cotton. Futures finish steady to lower with declines from 9 to 22 points across the day, October at 9.88, December 9.70, January 9.81, March 10.04, May 10.26.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Daily Cotton Market Chicago Grain Government Bonds
New York Aug 9 Mercantile paper 3 decline etc. Sterling 60 day bills 4.7060 demand 4.7625. Francs 5.74 demand 5.72 cables 5.72. Marks 8.24% demand cables 23. Livres demand 6.41 cables 6.32. Rubles demand 3% cables 3. Bar silver 47%. Mexican dollars 26%. Government bonds strong railroad bonds irregular. Time loans firm 60 days 2% 90 days 2.4 six months 3%. Call money steady high ruling rate 2 last loan year 1M4 offered at 2 low 1.44 closing.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Oil Quotations and Grain Futures Show Mixed Losses
Oil prices in Oil City balance credit balances and shipments while Chicago wheat and corn futures slip on bearish crop outlooks. Government figures released after trading hours fail to meet large bear expectations. Cash grain prices hold with No. 2 red wheat around 1.13 to 1.18, corn No. 2 yellow near 80 to 81 percent, and oats around 59 to 64. Market closes show mixed declines across wheat and corn with minor gains in provisions and pork futures.
MENTIONED IN THIS ARTICLE
Chicago
Washington
New York Grain Market Report Aug 9
Wheat spot easy No 2 red at 1.81 cents f o b New York and No 2 hard 1.26 percent f o b. Futures ease September at 1.16. Corn spot easy No 2 yellow 3s lake and rail August 20 shipment. Oats spot weak standard 66 2/3 percent No 3 white 66 2/3 percent fancy clipped white 69. Rye quiet No 7 Western 1.10 c1. Barley steady tending lower at 80 cents. Buffalo details noted.
MENTIONED IN THIS ARTICLE
New York
I. F
Duluth
Manitoba
Buffalo
Lake
Canadian Pacific declares 2 percent dividend and ship line reform
The Canadian Pacific Railway Company directors at Montreal declare a 2 percent quarterly dividend on common stock and 2 percent on preferred stock. A year ending June 20 shows net revenue for dividends of 21,508,966 with a 39,916 surplus after dividends. Separately, Canadian Pacific Steamships Limited holds its first meeting in Montreal appointing G. M. Hosworth as chairman and H. Maitland Kersey as managing director with London offices. operation to begin October 1, absorbing current ocean steamers and basing head office in Montreal.
MENTIONED IN THIS ARTICLE
New York
Canadian Pacific Railway Company
Montreal
Canadian Pacific
Quebec
Canadian Pacific Steamships, Limited
G. M. Hosworth
H. Maitland Kersey
London
England
Canadian Pacific Railway
Allan Ines
Holland Manufactures Boom Lifts All Industries to Gain
The report notes that manufactured products, which fell to a low mark, have shown a steady rebound over the last twelve months. Foreseeable prospects appear brighter with farm yields reaching about 10 billion dollars.
War's first year ends with U S economic surge
New York dispatch compares European war year one to year two, noting no major military shift but vast US changes. Reports show 1900s levels of output, with manufacturing recovering to prewar strength, farm values rising, and metal and timber sectors adapting amid tariff effects and new capital activity in the South.
MENTIONED IN THIS ARTICLE
New York
Europe
Paris
Belgium
France
Germany
Warsaw
United States
Pacific Coast
United Sates Steel Corporation
Holland
Washington Stock Exchange notes languid activity and share shifts
Local financial notes report a modest market improvement from the week’s close but no clear trend. Lanston leads, Capital Traction slips to around 88 percent, Washington Gas holds near 72, and a few bonds sell quietly. Clarence F. Norment returns to Washington after a month on the Connecticut shore.
MENTIONED IN THIS ARTICLE
Capital Traction
Potomac Electric Consolidated
Clarence F. Norment
National Bank of Washington
The
Stock Exchange
Philadelphia Markets Report Summary
Philadelphia market notes show butter prices steady with Western creamery items at 26 to 29 for nearby prints and fancy. Cheese remains steady at New York full cream around 13 to 14. Wheat and corn futures display steady bids with No. 2 red and No. 2 yellow quoted, while oats remain scarce with No. 2 white held near 67.
MENTIONED IN THIS ARTICLE
Philadelphia
F. c
New York
Duluth
Local Stock Exchange Report at Noon
Sales regular call at 12 o'clock noon shows Potomac Electric cons es at 1000 dollars 190 percent, Capital Traction 0 9 pounds 88 percent, Washington Railway and Electric preferred 4 at 82 and 2 at 82 with 10 at 83, Washington Gas 6 at 72 and 10 at 72 14, Lanston Monotype multiple lots at 70, and post call Potomac Electric Lights 1000 dollars at 106.
MENTIONED IN THIS ARTICLE
Wash
Rwy. & Hlec
Potomac Const
Men
Washington Utilities Co
Mergenthaler
Lanston
Continenta) Trust
Munsey Trust
N & Southern Hank
N. & W. Steamboat
Wash. Exchange
Washington
Gayety ‘Theater
Heal Estate
Washington Storage
Georgetown Gas
Capital Traction
Washington Rev
Langton
Continental ‘Trust
Riggs Nat. Bank
Washington Baseball Club
Thomas L. Hume
G Street
Tel
Washington Bwy. & Electric
Washington Gas
Potomac Electric Cons
Washington Railway and Electric Preferred
Lanston Monotype
Potomac Electric Lights
Treasury bond listings and cash balance report
United States Treasury reports mixed gas bond and railroad bond quotes with miscellaneous issues, followed by public utility and stock listings. It also records the daily Treasury balance: net general fund balance 65,787,359. Total receipts 1,218,673 and payments 1,175,754 with a year’s deficit of 18,403,282. Final assets total 261,732,084.43 and overall cash assets 2,084,100,474.67.
MENTIONED IN THIS ARTICLE
United States Treasury
United States
Treasury
Federal Reserve
Philippines
New York Produce Prices and Receipts Briefs
New York market notes show August receipts and prices across butter eggs cheese poultry sugar flour pork beef lard. Highlights include creamery extras at 92 for butter, eggs around 23 25, near hens both whites and browns, cheese steady, poultry unsettled with dressed eggs and fresh fowls, and refined sugar around 4.5 to 6.45 plus lard at 3.15.
MENTIONED IN THIS ARTICLE
New York
Hennery
Middle West
Seaboard Air Line Mortgage Plans Big System Merger
Baltimore Aug 9 director of the Seaboard Air Line Railway authorized a 300 million mortgage and sold 25 million in six percent bonds to fund refinancing. The plan merges with Carolina Atlantic and Western Railway, adds Charleston and Georgetown seaports, and expands mileage including a Charleston Savannah link.
MENTIONED IN THIS ARTICLE
Evie
Charleston
S. C
Georgetown
8. C
Baltimore
Seaboard Air Line Railway
New York, Baltimore and Southern
Seaboard Air Line
Honda
Carolina, Atlantic and Western Railway
D. C
Warfield
Seaboard Airline Railway
Seaboard Airline Railway Company
North and
South Carolina
Charleston Northern
South Carolina Western
Georgetown and Western Rai Lfoad
Lanes
Andrews
Pee Dee River
N. C
Seaboard Air Line Railway Company
Hamlet
Savannah
S.C
McBee
Hamet-Columbia
Florence
Poston
Sumter
Timmonaville
First and Consolidated
Continental Trust Company
Guaranty Trust Company
National City Bank
Chase National Bank
Bankers Trust Company
New York
Chicago
Boston
Philadelphia
Pittsburgh
St. Louis
Cleveland
Cincinnati
San Francisco
Milwaukee
Detroit
Atlanta
Louiaville
Columbus
Ohio
Seattle
Denver
New Orleans
Buffalo
Syracuse
Rochester
Wilmington
Newark
Albany
Local Produce Market Prices From Regional Vendors
The listing details live poultry prices for hens roosters ducks and turkeys, dressed chickens and hens, spring chicks, and eggs from nearby Virginia regions. It also lists cheeses butter and a broad range of vegetables and green fruits with unit prices per basket crate crate and per barrel, including New York state cheese and Klein butter.
MENTIONED IN THIS ARTICLE
New York State
Virginia
New York
Texas
California
Florida
Baltimore Markets Report from Baltimore Maryland
Market notes list assorted commodities with bid prices and grades. Wheat and corn values shown by spot and August September contracts, along with oats poultry butter and dairy product prices. items include Western and Southern varieties, live poultry, ducks, pigeons, and various butter grades with quoted per pound or per hundredweight figures.
Livestock Market Receipts and Prices Across Cities
Chicago hog receipts 25,000 firm with mixed classes 5.95 to 7.50. Cattle receipts 23,000 weak with native beef 6.10 to 10.30 and calves 7.80 to 11.25. Sheep receipts 13,000 easy, lambs 7.25 to 9.50. New York cattle steady with steers 3.00 to 10.00 and calves 9.00 to 43.00. sheep and lambs 4.00 to 10.00. Baltimore weekly cattle sales 2,402 head steady. steers 4.25 to 9.00, cows 3.00 to 6.50, bulls 5.00 to 6.50. sheep and lambs higher at 3.00 to 9.50 for lambs. Hogs weekly receipts 8,428 steady. Washington market mixed with varied regional prices for cattle, hogs, and calves.
MENTIONED IN THIS ARTICLE
Chicago
New York
Baltimore
Helfers
Cowes
G A R Encampment Arrangements Delegates Appointed
In the absence of Chairman William Gude Col Robert N Harper will handle duties for the G A R encampment next month. Gude and wife depart tomorrow for the National Horticultural Association convention on the Panama Pacific Exposition grounds. Mrs Gude will serve as a delegate with the national auxiliary. Secretary Thomas Grant reports a request from Adj Gen George A Newman on veterans reception plans for a circular to all camps.
MENTIONED IN THIS ARTICLE
William Gude
Citizens Committee
G. A R
Robert N Harper
Gude
National Horticultural Association
Thomas Grant
Adj
George A. Newman
United States
Move to Release Cargoes Under British Rules
Documents to secure the release of Belgian goods held at Rotterdam were sent to Ambassador Page in London for presentation to the British government. Under new British rules, Belgian exports via Rotterdam will be released only with proof and financial settlement through London. The Belgian Minister agrees to cooperate, and many shipment applications have been sent by American merchants, chiefly nursery stock and florists supplies.
MENTIONED IN THIS ARTICLE
Rotterdam
Ambassador Page
London
Bristol Board of Trade secretary reelected in Bristol
N B Remine reelected secretary of the Bristol Board of Trade announced a favorable annual report for Bristol Virginia. The past fiscal year ending May 1 saw Bristol jobbers with about 10 million dollars in business and manufacturers exceeding 4 million dollars despite world conditions and losses in some lines.
MENTIONED IN THIS ARTICLE
Bristol
N B. Remine
Bristol Board of Trade
Cottonseed Oil Market Prices Fluctuate in New York
New York reports varied cottonseed oil quotations with prime crude biominal pricing across futures months. Prices range from 5.80 to 6.07 for nearby contracts with summer yellow and white grades noted in the same market session.
MENTIONED IN THIS ARTICLE
New York
The Metal Market Copper and Iron Prices Report
New York copper prices edged lower and then steadied at 18.00 to 18.25 cents per pound for electrolytic material. London spot copper quoted at £89 78s 60d with futures at £76 15s 6d. Iron listings show No 1 northern around 15.75 to 15.50, No 1 southern about 15.25, and No 2 at 14.50 to 15.00, reflecting firm demand.
MENTIONED IN THIS ARTICLE
New York
London
Northern
South
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Armour & Co
Baltimore and Ohio
Baltimore and
Bethleham Stael
Brooklyn
Central of Georgia
Central Pacific
Tata
Chesapeake and Ohio
Quincy
Tel Consolidated Gas Coco
Denver and
Tio Grande
Distillera Securities of
Southern
Lake Shoe
Lignett & Myers
Lorillard
Ty Foulayite
Nashville
Missouri
Pacifecy
New York Central
York Central
New York Railways
Norfolk and Western
Northern Pacife
Northern Pacific
Pacific
Pennsylvania
Ray Consolidated Fe
Lola
San France
St Louis Southwestern
Seaboard
Southern Pacific
Southern Nations
Authern Tailway
Ally Texas Company
Ry Fie
Tatag and Pacific Ista
Third Avenue Adj
Union Pacific
Enton Pacific Oy
States Rubber
States Steel Ts
Wrolina Chemical
Catataa
Western Union
Westinghouse
Pero
Aug
Jagka Cold
Butta and
Superior Min Boy Chloco Mining
An Copper Range
le Beat Butte Mining
Franklin Mining
Ae A Grands Minine
Tieene Canianes Mining
Lake Mining
Mohewle Mining
North Butte Mining
Shannon Munkey Superior Mining
Fey ‘Tah Consolidated Mining
Victoria Mining
Wolverine Mining A
Curb Market
Atlas Powder
Alaska Junean
Braden Copper
Havana Tobacco
Hercules
Lehigh Coal
Standard Oil
Kansas
Standard
Kentucky
Nebraska
New Jersey
Standard Oil of
Wabash B. Pfa
Yukon Gold
Chicago Grain
Marg
Bente
Expos
Galveston
Savaun
Wimington
Norfolk
Houston
Little Rock
Dallas
Memphis
Au- Ant
Gusta
Oil City
NEW York Grain
National Savings and Trust Company
N. Y. Ave
Baltimore Securities
Ing &Keeeyee
Hatimore
Ing
Wall Street
Alao
Steel Corporation
American Smelting and Refining Company
NEW York Stock Market
Redfield
Department of Commerce
Oolataska
Manhattan el
Maxwell M. Co
Max. M
Souabs &Fictts
Max. M Ag
D. S. Pf
Car & F
Tos
Me. Pacific
Mont. Power AB
Am. Loco. Pt
Nat Enom
Arm
Tel. & Tel
Todtarm
Nat Lend Ptd
Nev
Anaconda Woolen Pt
N. Y. Aly Brake
N. Y. Central
Fenn. R
Ohio Pr
Phila. Co
Katopilas
Beth. Steel
Pitts
Beth. Steel Pf
Coal
Brooklyn FR. T
Brown Shoe
Ches. & Ohio
Rep. I. & Ss
Ichic. Gt. West
Rumel
Chi. Gt. W. Pf
St. P
Chine Con. C. J
Sears Oe
Cole, F. & I Alh
WolSears Roeb
Cole, & South
Sloss-S. S. & T
South. Pacific
Bbly
Southern Ry
Contin
Studebaker Ag
Crucible Steel
Crucible
Studebaker Pr
Deere Pf
Texas & Pacific
Texas Co
Erie
Third Ave
Union Pacifi
Wai
C.T
Gen. Electric
C.lp.&f. Ps
Gen Motors
Gen
Int
Agneul. Pt
Va.Cara. Chei
Bay
Inter. Con
Tnl. H. of
N. J
UN. Tel
Woolworth Log
Lack Steel
Woolworth Pf
Ltoolbehigh Valley
WOO/W, & L. EB
Lig & My
Willys
Long Island
Wisconsin
Serees
Nis
Washington Stock Exchange
Local Stock Exchange
Georgetown Gas Fe
Columbia Gas & Hlec
E Capital Traction Co
Ann. & Pot, KR
City & Suburban Ry
Metropolitan R
R & Wash
Elec
Pot
B. Pow. Con
Tel. & Tel. Co
Am. Tel. & Tel
C. Paper
Mkt. Co
Steamboat
Riggs Realty Gang
Riggs Realty
Capital Traction Co
Ry. & Blec
Wash. Ry. & Blec
Farmers & Mechanics
Rages i .Cimesederes Eee
Second Union Washington
Trust Company
National Savings & Trust
Union Trust Company
Wash. Loan & Trust
Continental
Savings Bank
Home, Savings Bank
Commerce and Savings
East Washington
Corcoran
National Union
D. of C. Paper Mfg. Co
Graphophone
Trans
Security Storage Co
Washington Market
Lila
Carolina
North and South Carolina Railroad
Columbia
Hamlet-Columbia
Local Produce Market
Baltimore, AL
Western
Maryland
West Virginia
Materit
Swartzell, Rheem & Hensey Co
Fifteenth Street N. W
Exchange Place
American Graphophone CO
American Graphophone Company
CW. Woodrop
G. A. RB
Col
R. N. Harper
W. F. Gude