Rail and securities advance as U S Steel leads rally
Brisk trading lifts rails 2 to 7 points with United States Steel rising to 83 and best price since January. Shipping shares gain amid record Marine preferred and Atlantic Gulf and West Indies. Mexicans and munition makers higher on industry optimism. bond market largely quiet.
MENTIONED IN THIS ARTICLE
U. S. Steel
United States Steel
Marine Preferred
Atlantic
Gulf and West Indies
International Paper
United Cigar Stores
Honda
United States
Wall Street Advances In Marine Stocks And Copper Output
New York markets see International Mercantile Marine preferred reach 95 and common to 28 1 8 as pool operations push gains amid reorganizational rumors and upcoming earnings. Copper production reports boost shares. Niles-Bement-Pond declares 2 1 2 percent dividend payable Sept 20. Shawmut Steamship declares 40 percent initial dividend, record date Aug 20.
MENTIONED IN THIS ARTICLE
New York
International Mercantile Marine Preferred
Marine Preferred
Common
Niles-Bement-Pond
Shawmut Steamship Company
New York Bond Market Highlights and Price Listings
The August 9 market report shows various bond and stock quotations including American Agricultural Supplying, American Foreign Sec, American Tel and Tel, American Tobacco, Armour & Co, Atchison lines, Chicago and Great Western, Denver and Rio Grande, Federal issuances, Interstate lines, and utilities. Major notes include percentages near par, with several issues trading around 90s to 100s, and multiple railway and steel securities listed.
MENTIONED IN THIS ARTICLE
New York
American Agricultural
ROTM
American‘otton
Oubm American Foreign
American Tel & Tel. Co
American Smelters
American Tobacco
Armour &Co
Atchison Gen
Atchison Co
Atlantic Coast Line Con
Baltimore and Ohio
Baltimore
Hio
Bethlehem Steel
Brooklyn Transit Ss
Central of Georgia Con, Ag
Central Pacific
Chesapeake
Ana Orio
Chesapeake and Onincv
Chicago
H. and
Quincey Joint
Quincy
Chicago Great Western 4 See Bvt, Chicago, Mil and St. Pyev
Mil
St Po Xen
Rot
Pac
SN. W. Wen
Pelierado
Southern
Consolidated Dias Co. Ev
Denver
Rio Grande
Distilers Securities
Cau Baqrt
Eriegen
Taneral Electric and Graal Northern
Tilinois Central
Tilinnia Steel
Interborough-Met
Met
Marine
Kansas City Southern
Lackawanna Steet Se
Lake Shore Tleh
Liggett & Myers
Lebiele
Lerlilard
Louisville
Noshville
Missouri
Kana
Texas
Montana Power
New Yorks
York City
Raihwayes Adi
Nhand Harford Ov
Norfolk and Weatern cv
Tiga
Northern Pacife
Northern Pacific
Tel
Pernavivanta
Perasvivatia Gen
Eating
Eae
Mg Republic Steel Ferida OR & Louis and
Sen. Finn
Kits
St. Louis Southwestern Ists
Bevhoawds Ar Lina Ads
Southern Belt Tel Boathern Pact Ev Southern Painte Pet
Southern Railway
Southern Failway
Tennassee Copper cv
Texas Company
Cv. Fs
Texan and Farifie Tata
Third Avenue Adj
Q Yninn Pacific As
le Net Salon Vacific Ev
Bene Arm VR. Rather
Eee
USA
Steel
Virginia Car. Chemical
Western Union
Westinghouse Electric
Rid. T
Boston Closing Prices Report
On City Pennsylvania August 9 credit balances stand at R240 with runs totaling 69 236 and an average of 5190. Shipments reach 43 400 with an average of 43 732.
MENTIONED IN THIS ARTICLE
City
New York Stock Market St 9 1916 Rise and Volume Seen
The New York stock market closed at 18 954 yesterday with notable activity across major issues amid cautious trading. Investors watched early gains and shifts in volume as market watchers assess early 1916 performance and sector momentum.
Holland discusses unsatisfactory terms and U S funding shifts to China
A Washington facing potential big American capital moves toward China within years is examined. bankers may finance Chinese trade via large U S funds and a major corporation plans to aid such efforts, while Hill’s export plans stumble on railroad rate limits. The piece notes global money flows and rate changes in London and New York.
MENTIONED IN THIS ARTICLE
Orient Republic
A. J. Hill
New York
China
Leasons
State Department
Philander CG
Knox
United States
Great Corporation
James J. Hill
Northwest
Japan
Hill
Interstate Commerce Commission
Far East
Mgr. Hill
National Corporation
Canada
Bank of England
London
England
Holland
Washington Stock Exchange Little Change in Activity
Washington market notes show little sentiment shift with public utilities sidelined and bids easing for several issues. Mergenthaler moved 70 shares, Graphophone up marginally on light volume, Union Trust and small trades noted, as Potomac Electric and Washington Gas posted minor losses. Exchange officials prepared a protest draft over the District intangible property tax amid broad business opposition.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Sg Ares
Mergenthaler
Graphophone Common
Union Trust
Washington Railway and Electric
Potomac Electric Consolidated & Sold
Washington Gas
Exchange
Allan E. Walker
Eugene E. Thompson
Clarence F. Norment
John L. Edwards
Conference Committee
Senate
House
United States Treasury Financial Summary August 8 1918
Treasury report shows net general fund balance 222,751,796 with ordinary receipts 21,942,247 and ordinary payments 4,278,912. Deficit for the fiscal year 12,810,021, against last year's 14,691,328. Revenue and disbursement figures, currency holdings and assets listed, including gold and silver, national bank notes, and Treasury securities.
MENTIONED IN THIS ARTICLE
United States Treasury
Treasury
United States
Federal Reserve
National Bank
Silver Coin
National Banks
Federal Reserve Banks
Philippines
General Fund
New York Cotton Market News and Price Movements
The New York cotton market showed nerves and irregularity with December dipping from 14.61 to 14.42 before a rapid afternoon rise to 14.72 and a close at 14.59 amid renewed realizing. Futures details include October 14.37 and March 14.64, with overall bearish notes and a generalist net 2 points lower.
MENTIONED IN THIS ARTICLE
New York
New York Money Market Rates and Currencies
Mercantile paper ranges 3% to 4% with 60 day bills at 4.71 percent and demand rates at 475 1116. Cables show 4 767 18 for francs and 71 15 16 for marks. Kronen 12 percent demand, cables 12 percent. guilders 16 16, cables 417 16. rubles 36 16, cables 205 percent. Bar silver 66 percent, Mexican dollars 51 percent. Time loans easy with 2 1/2 to 3 1/2 percent for 60 to 180 days. Call money steady. high 2 42, low 2. ruling rate 2. last loan 2 1/4 percent. closing bid 2 4, offered at 2.
MENTIONED IN THIS ARTICLE
New York
Mercantile
New York Produce Market Summary for August 9
New York reports firmer butter with creamer extras at 2.00 per score and higher scoring creamery, eggs show mixed prices across grades with vicinity whites and browns listed, cheese strong with fresh state specials around 1.64 to 1.65, poultry dressed firmer with broilers and turkeys noted, sugar weak with prices down 3 to 18 cents, flour firm with spring patents around 7.55 to 7.80, pork and lard firm with middle West lard at 12.40 to 3.50.
MENTIONED IN THIS ARTICLE
New York State
Elgin
Tub
Virginia
New York
California
Hennery
BENK
Middle West
Livestock market receipts and prices across New York and Chicago
New York receipts indicate firm markets for calves bulls and cows with varied price ranges. Sheep and lambs show steady demand while hogs remain firm with strong bulk and class prices. Chicago reports strong hog receipts and steady cattle prices with notable ranges for beef cattle calves and feeders.
MENTIONED IN THIS ARTICLE
New York
Chicago
Philadelphia Markets August 9 agricultural prices
Philadelphia markets report rise in butter and eggs with Western creamery extra at 31/2 to 34 cents per pound, eggs 8.70 to 9.00 per case, Western extra firsts 8.70 to 9.30 per case, wheat firm at 1.42 1/4 to 1.45 per bushel for No. 2 red, corn higher at 95 to 91 cents for No. 2 yellow local, oats rising with No. 2 white 51 to 54 cents per bushel.
MENTIONED IN THIS ARTICLE
Chicago
United States
Canada
Vance
Dee
Oata
New York
New Orleans
Galveston
Pork— Ark
Mobile
Savanna
Charleston
Lee
Wilmington
Jay
Norfolk
Baltimore
Boston
Philadelphia
Savannah
Shipta. Stock
Houston
Memphis
BOTA
Augusta
St. Toula
Cincinnati
Western Creamery
Western Extra Firsts F. c
Western Firsts F. c
Baltimore Markets: August grain and poultry prices
Baltimore market listings show spot and futures for corn and oats, with August at 93% and standard white oats at 49 44. Poultry prices cover live chickens, hens, roosters, ducks, pigeons, and related weights and rates, alongside butter and egg quotations across Maryland, Pennsylvania, and surrounding regions.
Boundary extended to high water line in Alexandria Cove case
Justice Wendell P. Stafford ruled the District of Columbia reaches to the Virginia shore at high water, giving the District jurisdiction in ejectment of the Marine Railway and Coal Company from 50 acres of Hattery Cove. The case may set precedent for similar actions against four other occupants. The government seeks to eject the railroad firm as a test case pending merits.
MENTIONED IN THIS ARTICLE
Wendell P. Stafford
District Supreme Court
District of Columbia
Virginia
Alexandria
Hattery Cove
United States
Tmistrict Supreme Court
Marine Railway and Coa Company
Tastrict Court
Stafford
Court of Appeals
Evans
Ita
Financial market summary with mixed trades across companies
A fragmented financial listing shows fluctuating prices for utilities and securities. Notable entries include Washington utilities, Capital Traction, Washington Ry and Elec com, Mergenthaler, American Paper Can, and Oklahoma Oil common among scattered bid offers and modest gains.
MENTIONED IN THIS ARTICLE
City & Suh. R. R
Palle
Slovo Woawh
Flr
Elec
Capital Traction
Wash. Ry
Washington Utilities
Washington
Georgetown
Metro
Washington Ry
Elec. Pd
Ste
Washington Gas
Munxey ‘Trane
Oklahoma Oil
Grapho. Com
Grapho. Ptd
Boyds
Thomas L. Hume
G Street
Tel. M
Heat sends three to hospital after prostration
Three people were hospitalized yesterday due to heat prostration in the city. J O R Myer, 56, BisMarck Hotel, was taken to Casualty Hospital after suffering heat prostration at Elware Avenue and Street Northeast. William Maedel, 26, 726 Eleventh Street Southeast, was treated for heat exhaustion from Third Street and South Carolina Avenue Southeast. Travis Frauley, 44, 144 Eleventh Street Northwest, was rushed to Emergen Hospital with heat prostration and indigestion complications. Weather had looked hotter earlier but by last night forecasts suggested fair conditions for the next two days with possible clouds Friday. Yesterday’s high temperature at the Pennsylvania Avenue kiosk reached about 92 with humidity around 52 percent.
MENTIONED IN THIS ARTICLE
Yesterda
J. O R. Myer
Bismarck
Elaware Avenue
Casualty Hospital
William Maedel
Eleventh Street
Third Street
South Carolina Avenue
Travis
Frauley
Emergen
Pennsylvania Avenue
Nearing Paper Famine Threatens Newspapers This Year
Reports to the Federal Trade Commission warn newsprint supplies will not meet renewed demand from the presidential election and European war. Manufacturers say publishers are using 20 percent more paper than ever before, and storage reserves were not built this summer amid rising costs and a possible October renewal.
MENTIONED IN THIS ARTICLE
Federal Trade Commission
Pawel
The
Trade Commission
President grants civil service jobs to paroled prisoners
President Wilson issued an executive order amending civil service rules to allow paroled inmates in Federal penitentiaries to hold civil service positions on recommendation of the Federal parole board and the Department of Justice. The measure addresses past ineligibility and aims to help Philip Gosbee, a 3 year prisoner on McNeill Island, by enabling him to work in the prison’s mechanical department after parole. The order covers about 200 paroled prisoners.
MENTIONED IN THIS ARTICLE
Wilson
Civil Service
Federal Parole Board
Department of Justice
Philip Goshe
McNeill Island
Washington
Gosbee
Trade Congress at Norfolk Announces December Convention
The Southern Commercial Congress executive officers met yesterday and set the eighth annual convention for December 1 to 14 in Virginia. The theme is the changed outlook from the Far East war, with experts from the United States and abroad addressing economic financial agricultural and commercial problems. Notable national figures are expected to participate.
MENTIONED IN THIS ARTICLE
I Va
Copper and metals market report from New York and London
The Metal Market notes steady to firm copper with electrolytic at 26.00 to 27.00 in New York, iron unchanged, tin quiet but firm with spot 37.8734 to 38.25. In London spot copper £109, futures £196, electrolytic £124, spot tin £168, futures £169.
MENTIONED IN THIS ARTICLE
New York
Metal Exchange
London
Cottonseed Oil Market Prices Reported in New York
The New York cottonseed oil market lists prices for various contracts including crude prime at 7.47, summer yellow apeot at 9.20, August at 9.34, September 9.44, October 8.98, and through January 8.88 to 9.60 for winter yellow and white. Prices cover many future months with differing quality grades.
MENTIONED IN THIS ARTICLE
New York
New York Grain Spot News August Update
New York market reports wheat with strength across grades. No 1 durum at 1.54 and No 3 hard at 3.57, plus northern Duluth and Manitoba bids at 1.65 f. o. b. Corn shows spot strength for No 2 yellow. Oats firm with No 6 white around 50 50%.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Sifei Tf
Also Mentioned on This Page
Aids Rise
York
Rails
Reading
Grangery
To. S. Steel
Wall Street
San Francisco
Dominion Copper Company
Cerro da Pasco
Curb Market
Butte
Cosden & Co
Cosden
Driggs-Seaburga
Jynn Lis
Harker
Lake Torpedo Ae
Maxim Min
Midvale Steel
Nipissing
Oklahoma
Axon Motor Sinclair
Bay R56
Stromberg Mot AB Hg
ANS
Stutz Motor
An Submarine Corp
Tobanco
United Motors
White Motors
United Verde
Atlas
du Pont
Havana
Havana Tobacco
Tr. P
Ind
Kan
Baltimore Securities
South
Alaska Gold
Atlancas Mining
Boston & Maine Cenper
East Butte Mining
Franklin Mining
Ie Grany Mining
Newaerarrretil Hhye
NEW York Stock Market
Ajax Rubber
Alaska Gala M
Allis Chalmers
Rodiat Ia. Chal. Rt
Kod
Ag. Chem
A.B. & F. Cutsi
Car & F
Caré& FL Pr
Am. Hide & al
Suger
W. P
Atchisonhos
Atchison
Pt & Wsl
G & W.lpt
Loco
Balt
Ohio
RAMI
Hes
Woichic & N. Ww
Chat
P. Ry
Ct & St. L
Baty
Chile
Col
Col & So
Can
Cripple Creek
Cructhia Steel
Cuba c S. Pf
Deere
Goodrich
Gulf & Bull
Ronsult S. Stl
goa'Illinois
Ing Copper
Incerboro
M. M
MM. Pt
Ets
Zro Inc. Paper Pt
Kelly S
Tire
King BE. L
Lake K. & We
Lehtgend Valley
Lee Rub
ASM
M.slp
S.S
Mo. Pacific
Mo. Pac
Ctis
Mont. Power
Nat Enam
Nev. C. Coppar
Central
Orf. & West
North
North. Pacific
Ontario
Pacific Mail
Penn
R. FL
Peoplea
Phila. Co
P. CC. & St. Ly Xg
Pal
Irel
Ry Steel
Rep. I & Steel
Rep. L& Stl
Sears Roebuck
Shattuck A. C
Slose SS. & L
Pacific
Studebaker
Stude, Pr
Tex
United Feast
Inv. Pr
Tous. Steel Pr
EIS Wellis
Utah Copper
Utah Sec. Corp
West UN
Westinghouse
Woolworth + ALRT
Willya
Wisconsin
Local Stock Exchange
Washington Railway and Electric 4A
Potomac Electric Cana
Mergenthaler Linotype
Washington Gas Bs
Georgetown Gas
Col. Gan & Elec
Col. Gas & Elec
Amer
Grapho
Mkt. Co
N. & W. Steamboat
Riggs Real
Elec. Com
Wash. Ry. & Eler
Steamboat
TR Cal. Aa
Am. Yel. & Tel Co
Mergenthaler Lin
Union Trust Company
Wash. Loan and Trust
Continental
Home Savings Bank
Commerce and Savings
East Wash
Arlington
Firemen's Hl
National Union
Columbia
Chapin-Sacks Co. D
C. Paper Mfg. Co
Mer
Trana, & Storage
Security Storage Co
UW. & Realty Co
Iden
Chicago Grain
Local Produce Market
Washington Cattle Market
Maryland
Pennsylvania
West Virginia
Alexandria Cove
R Justice Stafford
Marine Railway and Coal Company
Weather Man
Mands
Southern Commercial
NEW York Grain
Hanh C
Hhul Eien
Standard Oil Statistical Handbook
Exchange Place
Capliad
Jance Wooaneans
National Savings & Trust Company Carner
N.Y. Ave
Ei Pivestmeres Oh Stiewits Train Bank
Cececeria Loans
Swartzell, Rheem & Hensey
Fifteenth Street
N. W
Union Savings Bank
van TH. Cooper
Pires Es
Mineral O.1 & Gas Company
NZI Southern Building
Lee Eberly
W. B. Moses & Sons
Sar
Board of Trade Directors
Washington Board of Trade
Inetriot Il
Waa
Citiens
Edwin F. Calladay
John Poote
John B. Larner
Board of Filrectora
Preent Brandenburg
W. T. Galliner