Rail stocks rise on light gains as ICC grants small freight increase
New York Aug 11 rails moved higher early on news the Interstate Commerce Commission approved a general freight advance for Western roads. Gains extended across the list with Canadian Pacific and allied issues up two to five points while United States Steel dipped from yesterday’s highs. London Paris exchange hit new lows as $20,000,000 receipts from London via Halifax boosted sterling.
MENTIONED IN THIS ARTICLE
London
New York
Interstate Commerce Commission
Canadian Pacific and Allied
Harriman and Hill
Enited States Steel
Tota
Canadian Pacific
Union Pacific
Erie and Steel
Atchaen
Bethlehem Steel
Weltve-Overland
Studebaker
Parla
Halifax
Paris
SAS
Lssues
United States
New York Bond Market Report August 11 Highlights
Mercantile paper at 1%4 3% and sterling bills noted. foreign exchange rates shown for francs marks rubles and livel. Government and railroad bonds held steady to strong while call money traded steady with a 1 percent ruling rate.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Cottonseed Oil Prices and Summers in New York
New York on August 11 reports prime crude and charter yellow cottonseed oil prices for summer and delivery months. Prices show August at 6.77, September 6.74, October 5.77, November 5.75, December 6.79, January 5.37, February 5.64, March 6.03 with summer yellow ranges and white varieties cited.
MENTIONED IN THIS ARTICLE
New York
New York Cotton Closes Firm After Rebound From Losses
The cotton market recovered from yesterday's dip with a firm close up 15 to 20 points. Trading was subdued as sellers covered on less favorable weather or era news, keeping offerings light while December nearly touched last week's peak.
MENTIONED IN THIS ARTICLE
New York
Wall Street News and Gossip on Rates, Stocks, and Foreign Funds
Railroad officials call the Interstate Commerce Commission rate increases for Western roads nearly negligible for major changes. The rise totals about one quarter of one percent among 41 lines, with Western lines seeing 2 to 5 percent gains amid a mixed market. Idle freight cars fall slightly in July while crops near harvest may face transport hurdles. Canada’s stock moves, Crucible Steel dips, and Canadian Pacific spikes before settling. Foreign investments abroad total 146,644,000 dollars since 1915, with Britain contributing 20,634,000 and other nations listed.
MENTIONED IN THIS ARTICLE
New York
Interstate Commerce Commission
Chicago
Wall Street
United States
New York Stock Market Wide Mixed Declines and Higher Sides
New York Stock Market reports wide trading with numerous listed stocks showing varied closes on Wednesday August 14 1935. Am Beets Sugar Am Sugar measures fluctuate while Am Can Am Coal and steel issues post uneven results and many industrials record modest gains or losses amid overall mixed activity and total listed shares near 950 thousand.
Holland Writes Of Ow Edison Sets An Example
Holland describes Edison as pioneering American chemical production by creating home processes for acids and potash, reducing reliance on Germany and Italy. It notes potential US resources for dyestuffs, sulfur from Louisiana, seaweed potash prospects off Alaska, and Oregon nitrate lands aimed to boost domestic supply. Mentions Newport News grain shipments reaching 40 million bushels in the latest year.
MENTIONED IN THIS ARTICLE
New York
United States
Europe
René
Edigton
Germany
Edidon
America
Italy
Sciance
Louisiana
Science
Washington
Alaska
Oregon
England
C. P. Huntington
Newport News
Mr. Huntington
Huntington
Local Stock Exchange and Bond Listings at Noon
A noon update shows bids and asks across utilities railroads and mines. Listed bonds include Potomac Electric Consolidated and Georgetown Gas under Miscellaneous Bonds, with nationwide stock rows for Capital Traction and Washington Gas among Public Utility and National Bank stocks. Major mining and graphite firms list Green Cananea Copper and Am Graphophone, while City and suburban and Metropolitan rail lines appear in railroad bond rows.
MENTIONED IN THIS ARTICLE
Potomac Electric Consolidated
Washington Railway and Electric Preferred
Greene-Cananeg
Georgetown Gan c. i
Georgetown Gag
Washington Gan
Columbia Gas & Elec Sa
Capital Tretion Co
Ane. & Pot. R. Gu
Mkt. Co
N. & W. Steamboat
Riggs Realty
Capital Traction Co
Wash. Ry. & Elec. Co
Ry. & Blec. Pfd
Washington Gas
Am. Tel. & Tel. Co
Mergenthalar Linotype
Lanston Monotype
Greena-Cananea Copper
National Bank
American
Capital
Columbia
Commercial
District
Farmera & Mechanica
Federal
Lincoln
Metropolitan
Rigga
Wees
Washington
TRUST
Gompant
Amer. Security & Trust
National Savings & Trust
Eyes Union Trust Co
Wash. Loan & Truatnese Continental
Savings Bank
Home Savings Bank
Commerce and Savings
East Washington Savings
Corcoran
National Union
Epee Chapin-Sacks Co
D. of C
Wrens
Washington Market
Capital Traction
Wah
Rev
Mergenthaler
Lansion
Continental Trust
Nat. Bank
Washington Baseball Club
Thomas L. Hume
G Street
Tel. M
United States Treasury shows deficits amid mixed cash balances
The Treasury reports a net general fund balance of 63 620 778.08 after a 19 743 903 year deficit, with total receipts 2049 85E and payments 825496, alongside gold and silver holdings and various note and coin totals. The document lists assets across Treasury offices, national banks, and trust funds, plus cash assets and reserve funds and notes redemption.
MENTIONED IN THIS ARTICLE
United States Treasury
Treasury
United States
Federal Reserve
National Bank
Philip-Pines
General Fund
Gom
United States Accepts Germany Plan on Frye Damages
The United States signals acceptance of German payment for the sinking of the William P Frye under conditions. Two commissioners will fix the indemnity, with no waiver of treaty rights. Berlin and Washington seek to avoid Hague arbitration while maintaining core treaty protections.
MENTIONED IN THIS ARTICLE
Wiliam P Frye
Berlin
State Department
United States
Frye
Hague
Germany
The Metal Market Dull Copper Steady Iron Unchanged
New York metals report for August 11 notes copper dull with electrolytic at 17.76 to 18.00, London copper futures at 69 6d and electrolytic at £85 10s. Iron remains strong and unchanged.
MENTIONED IN THIS ARTICLE
New York
London
Philadelphia Markets Report Snapshot Aug
Market notes from Philadelphia show butter steady and eggs firm amid mixed grains with wheat higher and corn firm. Oats described as scarce and firm while poultry remains alive and steady, with dressed poultry steady and new roort prices unclear due to garbled text.
Local Financial and Business Notes Slow Trading on Stock Exchange
Local stock market activity nearly halted as brokers attended in small numbers. Prices remained largely unchanged from the prior day with few trades including Potomac Electric 5s at 100 percent, Washington Railway and Electric preferred at 83, Greene Cananea Copper at 89, and Monotype pegged at 80. Some effort was made to move Lanston Monotype holdings but with limited success.
MENTIONED IN THIS ARTICLE
Stok Exchange
Potomac Electric Consolidated
Washington Railway and Electric Preferred
Greene Cananea Copper
Lanston
Local Produce Market Prices Overview
The list details prices for alive poultry such as Heng, rooptera, ducks, turkeys and spring chicks, with dressed poultry including chickens hens ducks and turkeys. It enumerates eggs, butter, cheese, and a broad range of vegetables and green fruits with per unit, per basket, per crate, and per barrel pricing for nearby regions like Virginia, New York, and California.
MENTIONED IN THIS ARTICLE
Chesse
New York State
Elgin
Tub
Virginia
New
New York
Florida
Baltimore Markets Wheat and poultry prices Aug 11
Baltimore markets report steady wheat against varying grades and dates. Prices for poultry and butter range with creamery and dairy products listed. eggs for Maryland Pennsylvania Western firsts and West Virginia reported.
New York Grain Market Report Aug 11 New York spot grains firm
Wheat spot prices rise with No 2 red 1.23 ½ c i f New York arrival No 2 hard 1.30 ½ c. i. f. No 1 northern Duluth 1.18 and No 1 northern Manitoba 1. seeding futures steady September 1.19. Corn spot No 2 yellow 90 ½ c lake rail August shipment Oats spot firm standard 68 No 2 white 67 44 c fany shipped white rye No 2 Western 1.09 c i New York export barley firm
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Buffalo
Western
Fim
Minneapolia
Grain market gains on French flour purchase and bullish crop outlook
Chicago grain prices rise as rumors that France bought 100000 barrels of Minneapolis flour boost wheat. Market estimates from the government crop report spur further gains with mixed closes across corn oats and provisions.
New York Produce Prices Mixed Amid Aug Market Notes
New York market data shows varied pricing across butter eggs and cheese with steady pork and firm sugar. Butter receipts reach 12 783 pounds with creamery extras around 26 percent while eggs stay firm with 15 214 receipts and extra firsts around 21 to 23 percent. cheese ranges with irregular receipts and multiple grades. poultry prices show alive dreased and fresh fowls turkeys iced. flour firm pork steady lard easy and sugar raw firm with molasses and refined prices also noted.
MENTIONED IN THIS ARTICLE
New York
Hennery
Middle West
Livestock Market Updates From New York and Chicago
Livestock receipts on August 11 show New York markets steady to firm across bulls cows and hogs with calves weak for veals and milk calves. Chicago reports mixed cattle hogs and sheep with varying ranges and firm to unsettled tones for several classes.
MENTIONED IN THIS ARTICLE
New York
Beleves
Chicago
Urges Huge Cotton Fund In Federal Relief Plan
Representative Henry of Texas telegraphed Joseph Hurst of Corpus Christi after a talk with Commissioner Harding that the Federal Reserve Board weighs a cotton relief proposal. It involves issuing 500 million dollars in Federal Reserve notes for deposit in the treasury near Southern reserve banks. Henry says the board should advise member banks to loan the notes at 2 percent, while banks lend to cotton producers at 4 percent for six months. He emphasizes that interest is the key issue. He plans to press Secretary Lansing to press the government to keep cotton from being declared contraband by Great Britain.
MENTIONED IN THIS ARTICLE
Harding
Henry
Texas
Joseph Hurst
Corpus Chriati
Federal Reserve Board
Federal Reserve
Gub Treasury
Southern Reserve Banks
Reserve Board
Lsane
Lansing
Great Britain
More Street Cars Urged in Washington Line
A residents letter to the public utilities commission calls for improved service and more cars on the Eleventh Street southwest line and the Chesapeake Junction to city route. Charles H. Newton cites frequent walking to Seventh Street to reach a car. William J. Boyd reports six cars for crowds of 50 to 70 passengers on back-to-back days, urging action when trains arrive from the resort.
MENTIONED IN THIS ARTICLE
Iite
Washington Railway and Electric Company
Eleventh Street
Charles H. Newton
Seventh Street
William J. Boyd
Fifth Street
Chesapeake Junction
American Ship Llama Freed From Submarine Capture
A dispatch to the State Department from Ambassador Gerard in Berlin says the American steamer Llama, one of two Standard Oil ships seized by German submarines at Sweinemunde, was released on August 6. The report does not indicate if the Llama’s petroleum cargo was detated nor mentions the steamer Wico.
MENTIONED IN THIS ARTICLE
Sweinemunde
Stats Department
Gerard
Berlin
Liama
Wico
Bank Examiners Optimistic Report of Conditions
Prosperity reports from 100 national bank examiners released by the comptroller of the currency note general improvement, especially where mood had been low. Crops are broadly good with some damage in the middle West and Maine from heavy rain. Money demand is about normal and banks can meet reasonable demands.
MENTIONED IN THIS ARTICLE
Middle West
Maine
German scientists claim cellulose free paper breakthrough
Germany scientists report a method to produce print paper without cellulose. Tests allegedly prove it superior and cheaper, and the article notes potential independence from foreign suppliers. Also referenced are Chicago Post Office innovations and a proposed new building plan with 27 acres of floor space across ten stories.
MENTIONED IN THIS ARTICLE
Dresden
Germany
Chicago Postoffice
Chicago
Postoffice
Treasury Department
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American Agriculture Se
Central of Georgia
Ohio Ma
Chesapeake & Ohio Co
Bart & Quincy
Chicago, Bart & Quincy
Chicago Great Western 4A
Chi Mi & St & cv
Chi Mi & St P
Chi RL
Interborough Rapid Transit
Interborough Met
Kansas City Southern
Ligsptt & Myers
Lorillard
Louisville & Noshville
Kansan & Texas
Wiscouri Pacific
New York Centres
Imp. Saat
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Republic Steel Bs
Pay Louis & San Fran
GT St Louis Southwestern Con
Seaboard Air Line
Southern Bell
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Southern Railway
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Texan & Pacific
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Ms A
U. S
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Braden Copper
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Flor
Eta
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NW. J
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Ind
St. ON
Kan
St. Oil
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St. OH
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Cig
Shar
W. B
W. A
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Winona Mining
Baltimore
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National Bank of Balto
United Rya
BH. Co
Baltimore City
W. An
W. An P. Ba. Weaee At 91 U. R. and Co
U, Re and EB. Co. Inc
City
Washington Cattle Market
Maig
Brock
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Allis-Chalmera
Lodj Am. Ag. C. Pf
Am. Best
B.S
A.b.s.&f
Amer
Can
Am. Gar & F
Car_é& F
Pijité Fis Jas
Amer. Ice Soc
Loco
Pfil
Amer. Bnult
Steel
Sugar
Amer. T. & T
Amer. Tobacco
Amer. Woolen
Am. Woolen
Amer. W. P. Pf
Anaconda
Asceta Real Co
Atchison
Atl Coast Line
Baldwin Loco
Bald. Loco. Pf
Beth, Steel
Beth, Steel Pf
Brooklyn Br, T
Brook. UN
Butte & Sup
Cal. Petrol
Cal. Petrol, Pf
Canada Pacific
Alton
Gt. W. Pf
ML & St. P
Booichi
N. W
Corm Prod
Crucible Ste
Cruc. Steel Pf
Cuba-Am
Supf
del. & Hud
AL Pt
Erie
Gen. Electric
Gen. Motorn
Gen. Motors Pt
Goodrich
B. F
North
Guggen. Eixpl
Homeatake
Ilinoia Centrad
Inter. Agricul
Int
Agricul. Pf
Applinter
Inter. Can. Pt
N. J. Ne
Paper
May Dept. & Pf
Mex
Fox
Miarai Copper
Minn. & St. L
L. Pf
Asi
Mio
Pacific
Mont
Ash
Cloak
Peltusy
Hnam
N.R.R
N.Y.C
ToglPhila. Co
BOOIP
C. C
Pitta. Coal
Prees
GEK
GOW 400
Pull. Pal. Car
Ry. Steel Sp
Ray Con
Rep. I
Cry
Rep. L
Rumely
Texas & Pacific
Texas Co
Third Ave
Tobacco Pr
T. St. L. W Pf. Billi
Union B. & P
Expresa
S. Alcohol
Leo. Pt
S&s. BR
Logiva
Detinning
Wells
Mary Btm
West
Westinghouse
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Woolworth
Woolworth Pf
Willya
Wisconsin
Penak
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AND
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Ashton G. Clapham
Arthur Lee
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Herbert V. Hunt
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Bank OF Personal Service
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National Savings and Trust Company
15Th
N. Y. Ave
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
Exchange Place