Trading Lighter and Averages Down on Mixed Market
New York stock list shows lighter volume with declines in rails and many issues, fractions mostly. American Writing Paper and leather stocks led gains, United States Steel active with a wide range, General Motors rises, American Agricultural Chemical posts a near four point advance, while readings in Reading Baldwin and New Haven show mixed moves amid a volatile session.
MENTIONED IN THIS ARTICLE
Washington Post
New York
United States Steel
Baldwin
New Haven
Canadian Pacific
General Motors
General Cigars
American Agricultural Chemical
Steel Common
Westinghouse
Curtailment Talks Shift to 75 Percent Output Pact
New York Aug 15 The day’s Broad street curb activity centered on high interest rate short term notes with quiet overall turnover. Major brokers anticipated a 75 percent curtailment of passenger car manufacture rather than 100 percent as urged by the War Industries Board, a move likely to push larger auto firms toward airplane production as seen in England and France. Market quotes lagged, with Aetna Explosives weak and Curtiss Aeroplane sale noted at 36, while United Motor and other industrials displayed modest activity amid fluctuating stock prices.
MENTIONED IN THIS ARTICLE
American Writing Paper
International
International Paper
Marine Preferred
St Paul Common
New Haven
St Paul
War Industries Board
England
France
New York
Broad Street
Houston Oil
Aetna
United States Steamship
Wright-Martin
Burns, Bros.lee
Puip Wan
United Motor Gold
Chevrolet
Baltimore Securities Market Summary Declines Mixed Commodities
New York Aug 16 Butter steady with 6977 tubs receipts Creatine higher at 46 46% extras 92 score 45% flrats 43% Ai packing stock current make Eggs irregular with 14348 cases fresh gathered extras 47 48 regular 44 46 firsts 41 43 State regional henery white 62 64 brown 50 53 gathered brown 38 48 Cheese firm receipts 4002 boxes whole milk flats 25 26% Poultry alive firm chickens broilers 32 fowls 88 old roosters 23 turkeys 28 30 dressed steady unchanged Sugar raw steady centrifugal 6.055 fine granulated 7.50 Lard barely steady middle West 26.70 26.80 Coffee spot steady Rio 7s 844 Santos 4s 114
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Hennery
Middle West
Rio
Santos
McAdoo Tax Plan Triggers Industrial Orders Cancellations
New York Aug 15 Bond activity showed a firm tone with industrials leading gains including steel and Writing Paper. McAdoo defense of tax plans spurred cancellations of buy orders as traders priced a proposed 8 billion dollar minimum tax and revised levies on coal profiteers, unearned income, and state bonds. War news remained positive with submarine sinkings noted and an expected Allied push against Germany.
MENTIONED IN THIS ARTICLE
M’adoo
Washington
McAdoo
Ways and Means Committee
Local Stock Exchange activity reports light trading
Light trading on the Local Stock Exchange yesterday confined to few odd lot sales With prices unchanged Capital Traction at 89 Washington Railway and Electric preferred bid 69 Washington Gas bid 51 asked 52 Mergenthaler Linotype steady 111 bid 113 asked Bonds and other listings show minor moves Many stocks including Capital Traction Washington Gas and Mergenthaler Linotype appear with small shifts or stable quotes in a broad market snapshot
MENTIONED IN THIS ARTICLE
Local Stock Exchange
Wen
Capital Traction
Aingle
Washington Railway and Electric Company
Washington Gas
Mergenthaler Linotype
Bia
Washington Bwy. & &.Electric Pfd
Georgetown Gas
Ene
Col. Gas & Blec. Be
Col. Gas & Bl
Ratroad
Capital Traction Co
Metropolitan R. AR
Rwy
Elec
Pot. BE. P. Con
My Pot. B. Power
Potomac Elec
Bee, & , Ste. & Base
Steamboat Se
Ricks Realty
National Bane
Capital
Lad of Farmers & Apcrnics
Federal
Lincoln
Metropolitan
Riggs
Washington
Trust Company
Amer, Security & Trust
National Law & Trust
Arlington
Corcoran
National -American
National Union
Union Trust Company
Wash, Loan and Trust
Continental
Peeeeee Bavings Bank
Home Savings Bank Commerce & Savin
Eeu
Columbia
Chapin-Sacks Co
Col. P. Mfg. Co
Mer
Trank
Scourtey Aonze Co
Sec. Sav, & Com’l Bi
Treasury certificates oversubscribed in fourth biweekly issue
Oversubscription of the fourth biweekly offering of Treasury certificates reached 75.7 million dollars on a 500 million dollar issue. Fifth District subscriptions lagged at 14.97 million against a 17.3 million allotment. New York led districts with 207.3 million oversubscribed. Last third liberty loan installment paid, with moves to War Finance Corporation rate cut to five percent for crop-moving loans.
MENTIONED IN THIS ARTICLE
Cerling
Great Britain
China
St. Louis
Aiscount
London
New York
Treasury
Washington
District of Columbia
Fifth Reserve
Virginia
North Carolina
Maryland
West Virginia
Dallas
Tex
Minnneapolis
Reserve Bank
Richmond
War Finance Corporation
Federal Reserve Banks
Atlanta
Minneapolis
Kansas City
San Francisco
Mercantile
Chicago Grain Market Surges on Crop Damage Reports
The Chicago grain market rose as crop damage concerns, especially in Iowa, pushed prices higher despite early easing. September and October corn futures advanced while oats and other grains showed mixed moves. trading reflected reduced receipts and shifting regional supplies. A late note mentions England lifting bacon use restrictions and a medal inquiry for Harry M Beachy, an American seaman honored by Britain for aiding in the Busy Bee wreck rescue.
MENTIONED IN THIS ARTICLE
Chicago
Iowa
Pric
Washington
Laaterin
Saprica
Falk
Liber Ea
Indiana
Ohio
England
Bagoris
Department of Commerce
Harry M Beachy
Department
Beachy
Balltimore
Grantsville
Also Mentioned on This Page
Marine
U. S
Steel Corporation
Curb Market Review
United States Bureau of Markets
Local Produce Market
Long Island
New York State
Elgin
Department of Agriculture
Marcevweak
NEW _YORK
Dams Express
Winds Central Ao Vranteees
Jax
Alaska
Juneau
Alis-Chalmers
N. I. Lize
U. Ee
Hide & IL
Rillard Corta
Lorilard Co
M. Inter. Corp
UeAr
Jaiscurt
Sumatra
Tei
Telite
Tob
N. Y
WN. H
Norf. & Weat
Oinor
Pacific Aes
BLOW
Writ. P. Pf
Citica Gas
Apaconda Bey
Pacific Mail
Atchizon
Pan-Amer
Pullman Ca
Gaz Byth. Steel
Beth, Steel
Onso
Booth Fisheries
Brook
Burna Bros
Ee Steel Pt
Batte C. & Z
Roya
Pet
St. D&s F
Can. Pac
Rarage Arma
Leath
Saxon Motor Co
Cerro de Pasco
Ace Udebaker
Superior Steel
Texan Co
Chite Copper
Chine
Gioodltmion Pacific
Colo
United Alloy Steel
Columbia Gas
U. Ind
Alco
U. Rubber
Erie
Utah
Va.Car. Chem. Btait Ag
Gaston W
Va. Ir
Gen
Gen. Motor
Western Union
Willys'Overland
Nor Ois
Greene-Cananea
May
Ohio Cities Gas
Elling
American Cotton Oi
B. Hibbs & Co
Aetna Explosives
Americrit
Atlantic Petroleum
Barnett Oil
Big Ledge
Bingham Mining
Boston
Montana
Butterworth Judson
Caledonia Mining
Jumet and Jerome
Garden Steel
Nada Copper
S&s Consolidated Zona
Consolidated
Cosden Oe
Cosden Pfe
Cramps Ac
Cresson Gold
Curtis Acre
Shwe Davis Aly
Denber H Silver
Elk Basin
Emerson Phone
Emma
Federal Oil
First National
Glen Rock
Houston Ol
Howe Loun
Hull Copper
Aea BS
International Petroleum
Island Oil
Jerome Verde Ia
Jim Butler
Ikkeystone Tire
Lake Torpedo Sede
Magma Copper
Ay Marin
Mason Valley
Merritt Owl
Maxim Munitions
Metropolitan Petroleum
Midwest Ofcom
Midwest
Midwest Refining
Mitchell Motors
Bo North Ameri
Northwestern
Ohio Copper
Oklahoma Qi Co
Prod & Refg. Co
Okmulgee Oil
Pacific “Gas
Peerless Motors
Peerless Motors A5 18 ‘Ray Hercules
Red Warrior
Rele
le St. Joseph
Sapulpa Com
Sequoyah Oil
Sinclair Gulf Oe Oelf
Standard Motors
U. S. Light & Heat
Tnite Motors
Unite
Steamship
United Verde
Tae
United Ayestern Oii
United Zinc
Victoria Oi Wayland Oil
Ay Wright-Martin Aero West End
Anglo-Am. O11
New
Atlantic Refining Co
Borne-Sermyser Co
Buckeye Pipe Line
Cheseborough Mfg. Co
Colonial
Eae
Continental O11
Crescent Pipe Line Co
Cumberland
Eureka
Galena -Si Oil Co
Galena-Sii O11 Co
Illinois Pipe Line Co
Indiana Pipe Line
National Transit Co
New York Trans. Ci
Northern Fins Line Co
Pierce Owl &Corpation
Prairie Oul & Gas Co
Prairie Pipe Line Co
Solar Refining Co
Southern Pipe Line Co
South Penn. Oil Co
South. Penn P. L Co
Standard Oil
Ind
Kans
Eky
Nebr
N.Y
Standard Oil of
Swan & Finch Co
Union Tank Line Co
Vacuum
Washington Oulio
Atlas
Baeeee
du Pont
Aags
Hercules
Agri Eom
Saaeee Ee
Arizona
Woolen Pf
Booth
Calume' Isherica
Raya Mining
Wolverine
New_York
American Foreign Securities
Amer. el
Telclit
Anglo-French Sa
Boy Armour & Co
Asi Atchison Gen
Atlantic Coast Line
Baltimore Ohio Co
Bethlehem Steel
Brooklyn ‘Transit
Central of Ga, Ions
Central Leather
Central Pacific
Aoe
Chesapeake & Ohio
Bur. & Quincey Joint
Chicago, Mil. St
Chicago & Northwagen
Colado & Southern
Denver & Rio Grande
Distillers Securities
Aevanee
Dominion of Canada
Misissouri Pac
Montana Power
New York Central
Norfolk & Western
Northern Pacific
Pacific Tel
Tel
Reading
Republic Sigel
Asany
St L
Seaboard Ae
Southern Bell Tel. Agi
Southern Pacific
Southern Railway
Texas Company cv
Texas & Pacific
Union Pacific
United Genecom
T. S
Taberty
U. Taberty
Liberty
Baltimore Securities
Baltimore
Bank of Baltimore Maryland
Houston
Elec. Co
Balto
City
Rys & Blec
KR. & HK
York
Mariner S
New York Stock Exchange
Abso Creditances
Aver
Mdly
Boots
Expre
New Orleans
Savannah
Qgharleston
Wilmsington
Texas City
Norfolk
Philadelphia
Mobile
Brock Houston
Augusta Tenia
Wanes
Tikes Hock
Eotart
Southern
By Express
NEW York Grain
Potomac Electric Power Company
Washington, D.C
New York City
Washington, D. C
Messrs. Shearman & Sterling
the National City Company
Tsewes
Tonimien
New Jersey
Timothy
Babe
Spot
Speiler
East St. Louis
Lapot
Financial
Chicago Grain
Iwashington
H. M. Beachy
National Vaccine and Antitoxin Institute
You Street N
W. North
John L. Edwards & CO
Washington Stock
NY. Ave. LuscEaty
Hartford Fire Taenra
Hartford Accident and I
Humboldt Fire Insurance
Allan E. Walker & CO
Ralph W. Lee
Miller Ae
Gitbe
First National Fire Jus. Co
Geo. J. Easterday
TATA