Securities Trade Slumps as Rates Rise War Shares Lead declines
New York reports a reactionary market as a small rate hike prompts weaker stocks and reduced volume. War shares dominate activity with Allis Chalmers Bethlehem Steel and GM posting highs. Mexican Petroleum slumps on Mexico intervention signals. Bond market mixed with total sales par value at 3,820,000 dollars.
MENTIONED IN THIS ARTICLE
London
New York
Interstate Commerce Commisnion
Canadian Pacific
Soo
War Group
Allis Chalmers Common
National Enameling
Rumelya
Bethlehem Steel
General Motors
Willys-Overland
Studebaker
Bethlehem
Washington
Mexico
Mexican Petroleum
Continental Exchange
Panama
Wall Street Noise on Orders and Shipments Across Sectors
New York reports a 100000 ton steel rail order from the Russian government split between the Cambria Steel and Pennsylvania Steel companies. Steel spikes and side plates are also sought as teams move to Archangel and Vladivostok. Meanwhile American Car and Foundry shows strong six month earnings and new orders, Seaboard Air Line revises preferred stock, and sugar contracts gain attention amid war era demand.
MENTIONED IN THIS ARTICLE
New York
Cambria Btee Company
Pennsylvania Steel Company
Archangel
Vladivostok
American Car and Foundry
Detroit
Nave
Interna
New York Bond Market Overview and Prices
New York bond market reports list diverse issues with prices and yields. Listings include American Agricultural 100 percent, American Tobacco 6s at 119 percent, Armour & Co 4s around 91 percent, and many rail and utility issues with varying coupons and maturities. Notable entries cover Atlantic Coast Line, Chesapeake & Ohio, Chicago Great Western, Interborough lines, Pennsylvania Consolidated, Southern Pacific, Union Pacific, and Western Union notes among others, reflecting broad municipal and corporate debt activity.
MENTIONED IN THIS ARTICLE
New York
American Agricultural Ja
American Tel & Tel
American Smelters
American Tobacco
Armour &Op
Atchison Gen
Atchison cv
Atlantic Coast Line Consol
Baltimore & Ohio
Bethlehem Steel
Brooklyn Tranalt
Central of Georgia
Consol
Central Leather
Central Pacific
Chesipeake & Onto
Chesapeake & Ohio Cy
Chicago
Burl & Quincy Joint
Chicago, Burl & Quincy
Chicago Great Western
Mi & St
Chi
Mit
St P
Die Pere
ROT & Pac
Hicago & Northwestern Ss
Colorado & Southern
Consolidated Gas Co
Fenver & Rio Grande
Tustillera’ Securities
Erle
Erlegen
Inspiration Copper
Interborough Rapid Transit
Interborough Met
Kansas City Southern
Lake Shore
Lingate & Myers Gs
Lorillard
Lonaville & Nashville
Missouri, Kansas & Texas
Missouri Pacific
Imp
Bt Loule & San Frances
St Louis Southwestern Con
Eeaboard Air Line
Adj
Southern Bell
Southern Pacific
Southern Railway
Texas Company
Texas & Pacific
Third Avenue
Union Pacific
Vo Rubber
Top Steel
Virginia Carolina Chemical Wabashet
Western Union
Curb Market Figures From On City Pa Trade Date
Balance figures and shipment data reported for August 12 at On City Market. Credit balances show 143 runs with totals 76,235 and average 76,053. Shipments record 78,062 with average 72,381.
MENTIONED IN THIS ARTICLE
City
New York Grain Market Report August Spot Prices
New York grain lists firm spot prices for wheat corn oats rye and barley. No. 2 red wheat 1.23 No. 2 hard 1.31 to arrive No. 3 Northern Duluth 1.15 No. 1 Northern Manitoba 1.11 Buffalo futures September 1.20 Corn spot steady No. 2 yellow 0.50 August shipment Oats spot firmer standard 0.69 Piote white 0.69 Rye steady Barley steady.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
TAIT
Cae
Riba
Otc
New York
Duluth
Manitoba
Buffalo
Lake and
American Manufacturers Seek Sherman Law Change Key to Exports
James A. Farrell of United States Steel warns full foreign market access hinges on Sherman act interpretation or congressional action. St Louis meeting and New York talk stress that foreign trade combines could raise exports, with Federal Reserve policy aiding expansion after the European conflict ends.
MENTIONED IN THIS ARTICLE
Farrel
New York
James A. Farrell
United States Steel Corporation
Farrell
St. Louis
Messingo American Manufacturers’ Association
Henry P. Davidson
J. P. Morgan & Co
United States Trade Commission
Davidson
United States
Ateal
Florelen
Federal Reserve
Congress
Europe
Paul Warburg
Federal Reserve Board
Washington
Hamlin
Ww. P. G. Hoarding
Federal Reserve System
Holland
Local Financial Notes Signal Quiet Market Storm
In a heavy rain, only two brokers appeared on the floor as three trades were recorded: Washington Railway and Electric at 81 percent, preferred at 83, and America Graphophone at 70. Officials from multiple cities discuss zinc ore appraisals at the Treasury. Investment bankers gather in Denver for their convention with speakers including Senator Theodora Burton on rates and business, Senator Charles Thomas on patriotism, and Carter Keene on postal savings.
MENTIONED IN THIS ARTICLE
Washington Railway
Washington Railway and Electric
America
St. Louis
Kansas City
Chicago
New York
Treasury Department
Monda
Carter E. Keene
Postal Savings System
Burton
Washington Railway and Gas and Utilities Market Summary
Noon bids and quotes on bonds and stocks across utilities and railroads. Includes Washington Railway and Electric, Capital Traction, Georgetown Gas, Am Tel and Tel, and Washington Mkt Co stocks. Commodity prices listed for butter eggs cheese and pork and beef steady with various grades.
MENTIONED IN THIS ARTICLE
Washington Railway
Georgetown Gas
Georgetown
Washington Gas
Coee Gas & Elec Be
Capital Traction Co
Ann. & Pot R. Gar
City & Suburban Ry. Metropolitan
R. R
Woah. Ry
Elec
Tel
Mkt Co
Mkt. Co
Eleé
Old Bay
Washington
Mergenthaler Linotype
Lanston Monotype
BO National Bank
American
Columbia
Federal Lincoln
Metropolitan Riggs
Trust Company
Amer. Security & Trust
National Savings & Trust
Union Trust Co
Wash
Loan & Trust
Continental
Savings Bank
Home Savings Bank
Commerce and Savings
East Washington Savings
Corcoran
Firemen's
German-American National Union
American Grapho. Com
Security Storage Co
Washington Market
Capital Traction
Rwy
Potomze
Washington Utilities Co
Diergenthaler
ISI
Lanston
Continental Trust
Washington Baseball] Club
Thomas L. Hume
G Street
Tel. M
Local Produce Market Prices Listed for Poultry and Produce
A dated price list shows alive poultry with hens at 14 to 16 cents per pound roosters 10 to 11 cents ducks 12 to 18 cents and turkeys 13 to 16 cents per pound, dressed chickens 20 to 22 cents, ducks 15 to 18 cents, plus various produce and dairy items with prices per pound per basket per crate or per box from New York Stars cheese to Elgin butter and local vegetables and fruits across No 1 and No. 2 bbls and crates.
MENTIONED IN THIS ARTICLE
New York
Hennery
Hannary
Elgin
Virginia
Henneken
California
Florida
Washington cattle market report overview
Hogs, 71 8, sheep clipped 104 percent, veal calves 94 percent. Medium 34, lambs 99 14. Legacy market notes show fluctuating volume and prices across categories.
Equity and criminal dockets from United States Treasury page
The issue lists various court actions in the Supreme Court District of Columbia Equity and Criminal Divisions under Mr Justice Gould. It covers orders of publication, probates, guardianship resignations, and estate administrations, plus criminal recognizances, trials, and sentences. Also shows treasury finances, and a long set of real estate transfers in Washington DC with numerous lot and block sales and assignees.
MENTIONED IN THIS ARTICLE
D. W. Baker
J. Hosen
Cltisens ‘Trust’ and Guarantymy
Garrette
Pisin Hits
H. F. Calladay
John &. Lasky
Bahess
John H Lee
U Treasury
Justice Gould
Robert Hart
Saal Totel
Guardian
Tiopiane
Panama Canal
Phane
James G. Nicholas
Ainehs Permasee Xiar
George W. Kern
Agnes E. Persons
Eadie Werzons
Elisabeth J. Church
T. M. Juda
Eistate
George A. Williamson
Isewel Hurwitz
Beale Enrwitz
Tepper
Roderick J. Watson
Mudd & Mudd
Eatate
Wizabeth B. Moore
Annie M. Winfeld
Bend
English
Rebecca L. F. Foot
J. H. Licher
Thwin C Fitzelmans
Bled
John H. Zanel
New York Money Market Snapshot
New York money market figures show mercantile paper at 4.69 on demand 4.7375 cables 4.7450 francs demand 5.8144 cables 5.80 percent marka demand 51% cables 82 lives demand 6.39 cables .33 cables demand 34% cables 35% bar silver 48 percent Mexican dollars 37 government bonds steady railroad bonds irregular time loans vary with 66 day bills at 2 4 percent 50 days 2 42 percent six months 3 percent call money steady high 2 low 14 percent ruling rate 1 percent last loan 1 percent closing bid 14 offered at 1 percent
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
K. Sterting
Government Honda
Livestock Market Report from New York and Chicago
New York receipts show beeves light trading with calves steady and hogs steady. Sheep and lambs range irregularly with lambs up to ten dollars, hogs in New York steady while Chicago reports weak hog and sheep markets, with cattle firm and calves strong.
MENTIONED IN THIS ARTICLE
New York
Chicago
Philadelphia Markets Report Signals Mixed Commodities
In Philadelphia markets dated August 12, butter and eggs show firmness while cheese remains steady. Wheat advances with No 2 red car lots at 1.2091.22, No 1 Northern Duluth old at 1.60 to 1.65. Corn stays quiet but steady, ats scarce and higher.
MENTIONED IN THIS ARTICLE
Duluth
ATS
Bcarce
Copper futures and spot prices in international markets
The Metal Market reports New York copper prices at 17.75 to 18.00 cents for electrolytic. London spot copper at £67 53, futures £68 20s. Electrolytic priced at £31 108. Tron-Firm quotes Northern No 1 15.50 to 26.00, No 3 15.25 to 15.75, No 1 South arn 15.00 to 15.60, with Nov 7 at 14.75 to 15.26.
MENTIONED IN THIS ARTICLE
Payemont Heights
George W. Jackson
Robsmneon White
Columbia Heights
Euseblup Collier
Charles W. King, Jr
Willam
Philips
Maurice B
Carolyn Appleby
Whitney Glose
William S. Phillips
Robert H
Katherine W. McDonald
Meridian Hile
Franklin
M. "Ogle
Blanche M. Ogle
New Hampshire Avenue
Franklin M. Ogle
Nineteenth Street
Lucille C. Jester Et Aiz
Harvey B
Richardson Gibson
Frederick C. Handy
Longfellow Terrace
National Capital Realty Company
H. H. Haynes
George A. Nungam
Michael and
Ancle McGraw
John H. de Atley Et Ax
Fannie de Atley
Ésy B
Wilbur T. Jones Et Ax
Carrie T. Jones
Joseph F. Bixler
Shadrach Iden
Ethel M. Rutty
Fourteenth Strest Heights
Ormond W. Downes Etux
Square
Fourteenth Street Heights
Jacob
Grover
Jeeshy Avenue
George B
Willam A. Dinkins
John J
Fannie Cleary
Oak View
Louise Taylor
Ef Vir
Charles B
Edward EB
Ethel
Harvey
Washington Highlands
Charles G. ‘Taylor
Therese Hewine
Mount Pleasant
Charles W. Hing, Jr
George D. Horning
Seventeenth Street
George D. Heming
New York
London
Northern
South Arn
New York Cotton and Cottonseed Oil Markets Report
The New York cotton market faded from yesterday’s gains with a steady close and minor net decline. Cottonseed oil prices are listed for several futures months and grades. A foot and mouth disease quarantine was issued for Indiana, Michigan, Minnesota, and Illinois as a precaution after hog cholera serum was shipped from Cook County, Illinois. The agriculture secretary also amended cotton futures law to designate Galveston as a bona fide spot market beginning August 18 for price differentials between grades of cotton delivered on future contracts.
MENTIONED IN THIS ARTICLE
New York
Indiana
Michigan
Minnesota
Illinoie Way
Cook County
Ill
Secretary of Agriculture
Galveston
Also Mentioned on This Page
Wall Street
Tional Mercantile Marine Company
Lke
Switzerland
Boston
Curb Market
Brit
Alaska
Juneau
Atlag
Braden Copper
Tobay
Dupont
Florita
iGoldftela
Havana Tobacco
Havana
Kelly
Lehigh C. Sales
Riker-Hegeman
Oil of Ohio
United Cigar
United
Yukon Gold
Baltimore Securities
Baltimore
Consolidated Power
Houston
T. C
United Bus & Bloc. Co
Allovex Mining
Baltimore City
Heston & Maine Consolidated Gas
Hutte & Superior
Cal & Hecla Mining
N.O
East Butte Mining
Franklin Mining
Granby Mining
Lake Mining
Mohawk Mining
New Arcadian Mining
United Fruit
United Shoe
Tran Consol Mining
Utah
Victoria
Winona Mining
Wolverine Mining
Ween
Chicago Gra
U. S
U. B
U.S
NEW York Grain
Adams Bexpresaj
K. C. South. Pt
Alaska Gold
Kresge Co. Pt
Allis-Chalmers
Lack. Steel
Max. M. 2d
Amer. Can
Am. Car & F
Miami Copper
Minn
Amer. H
Kan. & T
Amer
Pacific
Amer. Loco
Nat
Bincwst Pf
Nam
Nat. BE
S. Pt
Amer. Bineithas
Am. Smelt. Pt
N.flr
Central
N.Y
Amer. T. & T
Amer. Tobacco
Nort
West
Am. T. Pf
W. Pf
Amer. Woolen
North
Anaconda
Pacific Mall
Atchison
Penn
Atl Coast Line
Hostros
Phila. Co
Baldwin
Pettibone Mal
Bald. Loco
Pitte Coal
Eh 'Ari Gay
Pitts
Coal Pf
Beth. Steel
Press
St. Ca
Bath. Steel
Steel Sp
Brooklyn R. T
Ialgeil Am
Bt. Sp
Brown
Canada Pacific
Rock Island
Gt. West
St. Lh
South
PL & T
Southern Ry
Ontin
Tex. & Pacific
Cuba-Am
den. & Rio Gr
Tex. Co. F. Pt
Texas Co
Securittan
footUn
Erie
Erie Ist
Union Pac
Erie 2d
Fed, M
Fed. M
United Ry
Gen. Electric
Ry. Inv
Gen. Motore
Jouzeen
Gen. Motors Pf
C.lp
Goodrich, B. F
U.s.c.lp.&f. Pt
U. 8. Express
Goodrich Pf
I. Alco
Gt. North. Pf
U. Rubber
Guggen
U. &. Steel Pt
Illinois Central
Car. Chem
Inter. Agricul
Inter. Met
Wells Fargo
Inter. Con
Weat
Har
N.J
Weatinghouse
Int
Har. Corp
Inter. Paper
Woolworth
Inter. Paper of
Willys
K. C. South
Wisconsin
Local Stock Exchange
the Asked
Local Produce Market
Washington Cattle Market
United States Treasury
William E. Stowarts
Joy Piding
Velth
Atoware
Sny
John H
Williams
Waretles
Biaten Te
David OM
Pond
David Wolf
Cecil B. Pamberton
Harry
Lamson Surety
Shea
Haymond Hletdienst
Warren Grimes
Kraindlerst
T. M. Wampler
C._W. Bowler
Warren B. Grimes
James 0. Holmen
T. W
John Ford
Peter Sones
H. L. Tignor
ASAE
BRT Bankruptcy Division
Dendtak
Mharkee A
Treasury
Ailver
Philippines
RH. Yeatman
George T. Cook
T. Franklin Sanner
Clagett & Bilbrey
Bruce Baird
Bas
Han
John C. Landrese
Samuel B. Hege
John Rooke
Thomas H. McKee
Mr Namara
Charles H. Stermheble
Wilton J. Lambert
Toho Ridout
Joseph EB. Edeon
John J. McMahon
Trusters
William E Edmonston
Plainff
John Ridout
Nelle BR Simering
Thomas O. Wright
Platntitt
George C. Gertman
Thomas Callen
Susan BR. de Fue
James H. de Pus
Frederick M. Pelzman
Joseph Stearman
Susan R.de Tue
James H. de Pue
General Fund
Mdlg
Wxpte
New Orleans
Sar
Mobile
Vannah
Charleston
Wilmington
Norfolk
Philadelphia
Savany
Augusta
St. Louisa
Cincinnati
Little Rock
Dallas
Memphis
Bright Wood Park
Nathaniel M. Ambrose
James G. Shibley
Jesse W. Rawilgu
Frank
Colina
Square Whedney
Maurice B. Appleby
John A. Petty
H. M. Sager
Lo L. Perkins
Southers
William
Whitney
Hobert
McDonaldt Ax
HM Sager
Wiliams
Marianna Stanton
Washington Loan and Trnet Company
Equine Cooperative Bunding Association
G. Biondi
D. Edwards Glarke
George P. Ximmel
Hogenberg
Conductien Avenue
Anprrcon
Mmeland Drury
Haber J. Thornton
T. Yelcott
Sm . Square
Soran EE ‘Jones
Govard
W. Whitenida
Harvey T. Winfeld
Home Building Association
Sesuor View
Barry M. Packard
Evancse
A. Dedtley
Chapin Brown
H. A. Bergmann
Oriental Building
Robert B
Edward T. Lewis
Morton J. A
Clarence
Harry A. Kite
B. Francis Sani
J. Wiley Joe
Thomas E. Alien
Oan View
Edward B Barney
Fed McKee
Glean Phelps
B. Parks
Harry K. Boss
H. Glenn ‘Phelps
Minnix
Robert H. Bradley
Samuel M. Jones
John M. Handerenn
Annnaily
The
Riggs National Bank
Penn. Ave
U, & Treasury
Jwe
Washington Loan & Trust Company Cor
John Joy Bobon
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W