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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Dec 01, 1914
Page
4
On the first full session since war began, about 4 issues changed hands with many declines. Some gains appeared in local traction and certain industrials, while Mercantile Marine and other bonds slipped. Foreign sales were limited and overall activity showed cautious trading patterns with no concerted movement.
Philadelphia and Indianapolis stock exchanges opened with restricted trading after closures since July. Philadelphia saw some local stock activity with prices fluctuating around July levels and overall normal conditions pleasing management. Indianapolis reported sparse bond trading as quartons were strong, following the wartime closure.
The coffee exchange reopened for general business in New York with subdued activity. European buying and local covering gave a steady tone as prices edged higher by 7 to 45 points from late week liquidating close, yet remained about 149 points below the July official quotations.
The New York Cotton Exchange board of managers met in a special session and decided to rescind the war and restrictions, resolutions, and suggestions adopted during the emergencies when the exchange was closed. Normal trading conditions will return as these measures are deemed unnecessary.
Market notes from New York listing dairy items like creamery butter, eggs, and cheese with current receipts and price ranges. Also covers wheat, rye, rice flour, and oats with steady or firm quotes and regional references.
The Washington Stock Exchange reopened for bond trading shortly after noon with a brief executive session. Alen E. Walker, newly elected president, presided as brokers reflected a stable session with limited sales totaling 5,000 par value. Bond prices closed near July 30 bids and several issues traded at notable levels. Washington Guards at 103 for 1,500, City and Suburban 100.2, Potomac Electric 5 at 99 3/4, Washington Railway 5 at 82, Capitol Traction 5 at 104 3/4.
Local stock exchange notes show irregular listings for utilities and transport. Sear Rama line and Gas shares trade around 109 for 1000 units, City and Suburban Site at 1001 with 047, Washington Railway bonds $500 at 60, Potomac Consolidated $1000 at 60, Capital Traction after call at $1000.
Wholesale prices listed for poufugry and poultry items including spring chickens and turkeys, with other items such as hens and tub prints from New York State and Elgin. Data appears in fragmented OCR style with mixed figures and incomplete labels.
The United States Treasury lists daily and monthly revenue receipts and ordinary disbursements, plus general fund assets and liabilities. The report includes cash balances, gold and silver holdings, and notes in circulation, alongside a miscellaneous column of fresh produce and fruit prices from Virginia to California markets.
Market notes show hog prices at 7 8 percent per pound, sheep per pound given, veal valves and spring lambs valued, with uncertain values for hogs and hog trends. Partial figures imply a rural market snapshot without full context.
Chicago grain prices closed firmer as Wheat led gains amid a surprising drop in U S visible supply. Wheat and Corn posted mixed shifts with oats steady. Cash grain quotes show No 2 red and No 2 hard wheat values along with yellow corn and oats pricing details.
Nov 30 Chicago stock report shows weak hog trade with 31 000 bulk receipts and prices around 7 10 to 7 20 for hogs. Sheep steady with 6 800 receipts and lambs quoted 8.00 to 9.00. Embargo tied to foot and mouth disease limits activity. weekly totals show cows and heifers around 5.0 to 6.0 with few hog trades.
The New York cotton market showed irregular trading with December contracts mainly weaker. Liverpool cables and December notices influenced near positions with a decline, while October steadied after strong buying. Prices closed with a small net gain for some months, but December eased, and activity focused on deliveries and syndicate expectations for reopening the market.
New York grain prices show mixed spot readings with firm wheat and steady rye and barley. Notable quotes include No. 2 red and No. 3 hard wheat at 1 17 and 1 19 for spot, corn steady 73 6 to arrive, and oats and rye at varied levels amid futures activity for December and May.
Tin led with mixed figures in New York trading on November 30 as markets showed uneven quotes for tin lead and zinc alloys. Copper and lead prices moved at Loudon with spot and futures listed alongside varying premiums and regional rates.
New York money market shows mercantile paper at 442 6. Sterling exchange steady with cables at 4.90 and demand 4.89. Bars of heatest $22612 and advances totaling $1,481,578 noted.
Oil City Pa reports credit balances at 1.45 with daily runs totaling 190642 and an average 95600. Shipments reach 40550 with an average 36000, reflecting the period’s oil market activity.
Special in The Washington Post reports Judge Pliny W. Bartholomew of Marion county Indiana seeks relief from a nuisance caused by a neighbor's dog kennel. He sues William B. Rice for $1,000 damages claiming wholesale dog fighting barking and growling disturb his home life.
Holland surveys the 1914 cotton scene noting two main production costs live the price of fertilizer and materials. He cites a near record crop and potential South American demand, with the Panama Canal expected to boost U S grain and nitrate shipments to Europe. The piece covers Wade’s cotton pool idea and calls for cautious planting next year amid volatile markets.
The report notes Prosperity’s presence as idle mills reopen and boost activity. State officials reveal a budgetary figure of 3,506,000 dollars available to spend on public projects, signaling renewed investment and potential job creation in the region.
A Christmas uplift reaches 1800 tin plate workers in McKeesport as the plant restarts in full. The company, once on half time, now resumes steady output for an indeterminate period. War-related orders surge, including harness gear, chains, tools, and wire, signaling renewed industrial activity in western Pennsylvania.
The State Department will investigate world cotton production and demand for next year. Secretary McAdoo has directed the Secretary of State to gather reliable estimates from consuls in Egypt, India, China, and Russia, with monthly reports to be compiled and made public for U S cotton producers. Reports begin December 11 and continue on the first of each month.
Final campaign expense accounts were filed by Senators Smoot Utah Gallinger New Hampshire and Camden Kentucky. Smoot spent 5707 with no contributions. Gallinger received 5362 and spent 3.54. Camden reported no contributions and spent 6613.
Buffalo N Y Nov 30 The Pierce Arrow Motor Company has received a French government order for 300 1 ton trucks valued at about 1 million dollars. The trucks were tested satisfactory in Bethlehem Pa. White Motor Company in Cleveland will build 200 five ton trucks. Pierce also received a British war department order for 240 eleven and two ton trucks. A large Russian contract competition is rumored.
Nashville Tenn Nov 30 A contract to supply 5 000 mules a month has been let to a Nashville sales company. A large aid and of mules have already been sold and shipped to New Orleans and Mobile for European service. The mules were bought for the British and French armies, representatives of which have been in Nashville for some time.
New York reports a shipment of ten miles of barbed wire from Port Richmond piers to London for war use. The wire, made in Pittsburgh, will be transshipped to Calais with thousands of steel posts to tension the wire and deter enemy surprises. Additional consignments are expected aboard transatlantic liners between this port, London, and Manchester.
Northumberland Forging Company, the borough’s largest industry, reopened in full today after long wartime closure. Over 4000 workers are employed, with orders for thousands of dollars of fifth wheels, wagon parts, and iron for artillery use. General manager Timothy Van Alen says the war drove the restart and the plant will run through the winter.
Columbus, Nov. 36. The Standard Chain Company, with four plants in the city, has a big war order for 20 000 sets of artillery harness. Supplying parts from Waco to Portland, the company sends harness chains as prescribed by a general order to American harness makers. The total value is about $250 000 with completion expected within three months.
Sharon Pennsylvania reports the Driggs Seabury Ordnance Company fulfilled a prior Benet Mercier rapid fire gun order for France and secured a new contract for 2000 additional machine guns. The package includes several hundred six pounder rapid fire guns for Servian forces and orders for heavy trucks used by allied armies in Europe.
Dallas,Nov. Reliable information says Dallas Arma will receive a quarter of a million dollar order for artillery equipment. This adds to a prior contract for 25,000 sets of artillery harnesss for a foreign government, now being built by four Dallas saddlery concerns. Deliveries of items from the first contract are expected to start within a week with about 200 sets of harness delivered weekly.
Chicago witnesses the Newlands act mediated arbitration as 38 Western railroads and 65,000 engineers clash over 16 main demands. Cadle testifies concessions exist on some roads. two arbitrators named by each side and by the government. Rear Admiral Blue outlines navy needs and hydrographic charting efforts before the House naval affairs committee.
Secretary Daniels approved Lieut F T Evans at Newport Rhode Island action banning naval apprentices from singing the marching British song. He argued it should not be sung or played by American sailors any more than Marselliaise or Watch am Rhein.
Arthur M Lockhard of Baltimore, private secretary to Golds borough for about a year, resigns to take an advertising position in New York. His employment with the chief executive ended Saturday in Annapolis.
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