Market unsettled as Teutonic bonds fall and U S Steel weak
New York trading opens with Anglo-French war bonds sliding to 94 1 4, marking a 3 4 point drop from general offer. German Austrian Hungarian issues decline as exchange weakens. U S Steel under pressure with shares fluctuating. Bethlehem Steel up. Geneva Motors down amid broad market weakness and numerous future offerings.
MENTIONED IN THIS ARTICLE
New Lowg Herald
United States Steel
New York
Teutonic Bonds
Berlin
Charine DY
Mercantila Marine
Texas Company Mexican
California Petroleums
Studebaker
U.S. Steel
New York Central
Bethlehem Steel
Geneva
Motors
Honda
United States
New York Bond Market Overview Dec 15
Bond listings from New York show diverse issues across utilities, railroads, and industrials. Notable items include American Agricultural 5s, Chesapeake & Ohio 4s and 6s, New York Central debentures, Pennsylvania Consolidated 4s, Union Pacific 4s, and Western Union 4s, with varying coupons and maturities. Market quotes feature prices around 90 to 120 plus percentages, reflecting typical trading ranges for these dated issues.
MENTIONED IN THIS ARTICLE
New York
American Agricultural
American Cotton
American Tel & Tal. Co
American Smeltera
American Tobacco
Armour & Co
Atchison Gen
Atchison Cy
Atl Coast Line Consolidated
Haltimore & Ohio 4A
Haltimore & Ohio
Heblahem Steel
Brooklyn Transit Bs
Antral of
Georgia
Consol
Central Leather
Central Pacific
Cere
Hesapeake & Ohio
Hicago, Burl & Quincy Joint
Hicago Great Western
Ohh
Mil & St Poco
Mil & St
Whi
Rk T & Pac Ry
Chicago & Northwestern
Colorado & Southern
Consolidated Gas Co
Denver & Rio Grande
Tnstillers’ Securities Bs
Erie
Brie Wen
Ceneral Electric Sa
Great Northern Mat
Iltinela Central
Thom Inspiration Copper
Interborough Rapid Transit
Interborough Mat
TOM Kansan City Southern
Wees
Llewett & Myers
Leritlard Os
Voulaville & Neahville Nn
Missouri, Kansas & Texas
Missouri Pacific Ev
New York Centres
Imp
New York Central
New York City
New York Railwayer Adj
Bs Noy
NH & H
Norfolk & Western
Northern Pacific
Moregon
Pacific Tel & Tel
Pennsyivania Consolidated
Pennsylvania
Tay Consolidated
Reading
Republic Steel
St Louls & San Fran Res
St Louis Southwestern Con
Seaboard Air Line
Southern Bell Tel Sa
Southern Pacific Ev
Southern Pacifc
Southern Railway
Texas Company Co
Texas & Pacific
Third Avenue
Tnion Pacific
Union Pacific cv
S Rubber
Os Steel la
Carolina Chemical
Wabash
Western Union
Westinghouse Electric
Anglo-Franch
Wall Street News And Gossip
New York Central directors abroad declared a regular quarterly dividend of 1% per cent, despite forecasts of a higher rate. Baltimore and Ohio issued 360,000,000 of long-time 5 per cent bonds at par, signaling a possible wave of rail loans after January 1. German bond prices rise as exchange moves. War bonds for 1924 slipped to 200 per 1000 marks. American Railway Association bulletin shows freight car surplus rose to 98,199, up 11,960 from November 1.
MENTIONED IN THIS ARTICLE
New York
New York Central
Baltimore and Johlo
Baltimore and Ohnso
Wall Street
Mentin
American Railway Association
United States
Canada
Baltimore Securities Quick Currency Snapshot
The report lists mercantile and foreign exchange rates as of December 15 in New York. Sterling, francs, marks, guilders, livres, rubles and Mexican dollars show demand and cable quotations. Time loans and call money are described as firm with brief rate notes and closing figures.
MENTIONED IN THIS ARTICLE
New York
Mercantile
Government crop figures influence wheat market
Chicago reports government crop figures tempered bearish sentiment and trimmed upturns in wheat trading. December prices closed around 1.16 to 1.18, May near 1.17, corn up about 1 to 2 percent, oats small gain, and provisions generally steady to down. Cash grain quotes show varied No 2 red wheat at 1.21 to 1.24 and other grains listed with bids and recent trades.
MENTIONED IN THIS ARTICLE
Chicago
New York Cotton Market Closes Steady After Selloff
New York cotton traders reported a smaller volume of business with a steadier tone. March futures rose from a early 12.28 to 12.41 during the day and settled at 12.35, showing a net gain of 5 to 13 points on the session amid a generally flat close.
MENTIONED IN THIS ARTICLE
New York
Philadelphia markets mixed with steady grains
Market notes from Philadelphia and New York show butter and cheese firms while wheat and corn hold steady. Cottonseed oil futures reach 7.33 for prime crude and rise through summer yellow and winter white grades with various monthly quotes cited.
MENTIONED IN THIS ARTICLE
Philadelphia
New York
Holland Writes of Skilled Artisans Needed for War’s Aftermath
New York December 15. Article notes worldwide commissions from Holland England and China studying U S industrial capacity to aid reconstruction after war. Russia seeks American brains. China exploring large machinery exports. Japan Japan bankers visit to boost future trade. Also discusses German Austrian exchange depreciation and implications for central powers funding the war.
MENTIONED IN THIS ARTICLE
Russia
Holland
England
China
U. 8
New York
United States
Great Britain
Japan
Scandinavian
Sweden
Belgium
Germany
Austria
New York Grain Report Shows Mixed Wheat and Bound Markets
New York grain notes irregular spot wheat with various No. 1 and northern grades listed for durum and Manitoba in the fob markets. Buffalo futures hold steady with December around 1.23 while corn spot remains firm with No. 2 yellow and other grades referenced. details are fragmented and partial.
MENTIONED IN THIS ARTICLE
New York
Northern
Duluth
Manitoba
Buffalo
Local financial notes show subdued stock demand and steady bond activity
After two volatile days the total stock exchange demand cooled and trading volume declined. Bonds remained in strong buying power with no price, increases. Potomac bonds and first mortgages traded at firm prices. Washington Railway and Electric and Washington Gas quoted steady to modest activity while Mergenthaler weakened. Lincoln National Bank declared a 3 percent semiannual dividend payable January 1 with record date December 20. Henry Hurt, a noted financier, is confined at home with illness, a rare absence from the exchange floor.
MENTIONED IN THIS ARTICLE
Total Stock Exchange
Potomac
Washington Railway and Bilectricia
Ateady
Washington Gas
Lincoln National Bank
Henry Hurt
The
Stock Exchange
Hurt
Bis
Stock market rundown for local exchanges and bonds
A condensed list of prices and percentages across bonds and stocks including Washington Railway and Electric, Potomac Electric, Georgetown Gas, Columbia Gas & Electric, and Metropolitan Railway. Also includes Capital Traction Co, Am. Tel. and Tel., Mergenthaler Linotype, Washington Market stocks, trust and savings stocks, fire insurers, and miscellaneous securities with quoted bids and par values.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric
Potomac Electric Consolidated
Preferred
Mergenthaler Linotype
Washington Geo Ba
Potomac Electric Light
Washington Gag
Das Bonds
Geo’town Gas
Georgstown Gas
Washington
Columbia Gas & Elec
Col. Gas & Hmlectric
Tee
Capital Traction Co
City and Sub. Ry
Eee Metropolitan Railway
Wash. Ry
Elec
el. Pow. Con. Mtg
C. & P. Telephone Bs
Am. Tel
Tel. Co
Tel
Mkt. Co
Mkt
Cold Star
N. & W. Steamboat
Riggs Res
Riggs
Elec. Pl
N. and
W. Steamboat
Trust Company
I&mer Security & Trust
Nat'l Savings and Trust
Union Trust Company
Wash. Loan & Trust
Continental
Savings Bank
Home Savings Bank
Commerce and Savings
East Washington Savings
Sec. Sav. & Com. Bank
Arlington
Toe
Corcoran
National Union
Columbia
Chapin-Sacks Cornere D
C. Paper Mfg Co
American Grapho. Com
American Grapho
Security Storage Co
Washington Market
Washington Gas
Potomac Con
Capital Traction
Georgetown Gas
Washington Utilifies Co
Lanaton
American Security and Trust
Treasury Daily Summary Reports Deficit At $52 Million
United States Treasury daily figures show net general fund balance of 106,148,796 with receipts 2,056,267 and payments 3,404,066. This fiscal year deficit stands at 52,315,128, down from 54,084,981 last year excluding Panama Canal and public debt. December 14 1915 revenue receipts and ordinary disbursements are listed, with asset totals across gold and silver holdings, banknotes, and general fund cash assets totaling about 205.9 million.
MENTIONED IN THIS ARTICLE
United States Treasury
Treasury
Philippines
United States
Federal Reserve
National Bank
Local Market Prices and Livestock Report
A mixed listing shows live poultry prices per pound for hens, roosters, ducks, and turkeys, plus dressed chickens and various vegetables, fruits, and dairy products from regional markets. New York and Chicago market totals include receipts and price ranges for cattle, calves, hogs, sheep, and lambs with range values and trends.
MENTIONED IN THIS ARTICLE
New York State
Virginia
Florida
California
New York
Chicago
Ewos
Lamba
The Metal Market Report from New York and London
Copper steady at 17.95 to 20.00 in New York with tin at 37.50 to 38.00. London spot copper at £78 128 6d, electrolytic £98, tin at £167 10s, futures £167 15s. Antimony £125. Hogs and veal prices vary, with lambs around 69 and calf values listed for various weights.
MENTIONED IN THIS ARTICLE
New York
London
Oil Quotations and City Credit Balances Report
On City, Pa., December 16, credit balances stand at 2.10 with runo 117,499 and average 78,622. Shipments total 122,503 with average 56,249.
MENTIONED IN THIS ARTICLE
City
Baltimore Markets Turning Prices Across Wheat and Dairy
Baltimore markets report firm wheat prices for spot and deferred red varieties with No. 2 and steam grades showing 1.14 to 1.25. Elevator oat stocks at 814,142 bushels with shipments of 38,912. Poultry and eggs list varied prices for chickens ducks geese and dairy butter and prints.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Virginia
Pennsylvania
West Virginia
Southern
Daily Cotton Market Declines Across Ports and Interiors
New York reports mixed movement with cotton stock and shipments listed for New Orleans Galveston Mobile Savannah Charleston Wilmington Norfolk Baltimore Boston Philadelphia New York and totals for today week and season. interior movement shows butter eggs cheese and poultry prices with receipts and stock figures across multiple cities including New York Houston Memphis Augusta Cincinnati Little Rock Montogomery and others.
MENTIONED IN THIS ARTICLE
New York
Port Movement
Expos
New Orleans
Galveston
Moblie
Savannah
Charleston
Wilmington
Norfolk
Baltimore
Boston
Bo Stec Shost
Philadelphia
Mobile
Minor Porta
Houston
Memphis
Acor Ugusta
St. Louis
Aries
Montgomer
Ineeehve
Hennery
Hennery Browna
Cincinnati
Little Rock
Au' Cheesh
Mont- Prete
Middle West
Bankers Hold Executive Sessions On Federal Reserve Links
The National Bankers Section of the American Bankers Association met at the Powhatan Hotel to finalize its organization and discuss amendments to Federal Reserve Act provisions. Governors from Chicago, Richmond, Philadelphia, Boston, New York, and Cleveland will be met at Shoreham, with further talks with the Federal Reserve Board to follow.
MENTIONED IN THIS ARTICLE
Bankers’ Association
National Bank
American Bankers’ Association
Powhatan Hotel
Seattle
Federal Reserve Act
H EL Otte
Chicago
W. H. Bucholz
Omahe
Nebr
W M. van Deusen
Newark
N. J
Fred B Farnsworth
Thomas B. Paton
T. R. Wilson
Bankers Seek Law Changes on Reserve Bank Powers
Representatives from the national bank section of the American Bankers Association urged the Federal Reserve Board to amend the Federal Reserve Act and related laws. They asked for uniform bills of lading, revised reserve requirements, and rediscounting for acceptances based on domestic business. They noted current rules only allow rediscounting for import or export based acceptances and said the board has not yet decided on recommendations to Congress.
MENTIONED IN THIS ARTICLE
National Bank Section
American Bankers' Association
Federal Reserve Board
Congress
Adjusting Packers Case in London for Amicable Settlement
Negotiations between Chicago beef packers and the British government on the out of court settlement have advanced. After prize court rulings against cargo owners, both sides seek an amicable adjustment without Privy Council appeal. Representations in London and Washington aim to form an agreement as arbitration may soon follow.
MENTIONED IN THIS ARTICLE
London
Chicago
Privy Council
Washington
Mexican finance minister Cabrera arrives in New York
Louis Cabrera, minister of finance for the Carranza government, reached New York aboard the steamship Montevideo from Spain. He said he would stay in New York for a period before returning to Mexico.
MENTIONED IN THIS ARTICLE
New York
Louis Cabrera
Carranza
Mexico
Montevideo
Spain
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Washington Post
York
Smerson Boat
Hirvana Tobacco
Stivana Tobacco
Lake Torpedo Boat
Midvale
Tom
St Oil of
Old Atk
Bt Ou
Onfo
NEW York Stock Market
Balen
Adama Express
Jiza
Alaska Gold M
Alaska Juneau
Allis-Chalmera
Uzy
Allis-Chail
Amer. Can
Car & F
Amer. Express
Amer. H. & L
Amer
Amer. Loco
Amer. Sm
Amer. Woolen
Anaconda
Ansetz Real Co
Assoc. Od
Athlaon
Balawin Loco
O. Pt
Batopiles
Beth, Steel Severase
Brooklyn R. T
Burns Bros
Butte & Sup
Cal. Petrol
M. & St. Pip
R. I
Bay
Chile
Cluett-Peabody
Colo. F. & I
Consol. Gas
Contin
Crucible Steel
Crucible St
Cuba-Am
Dist. Securitiea
Bria
Erle
Gen. Electric
Gen. Motors
OfGen. Motors
Goodrich
LESH
North
Gt. N. Ore
Greene C. Cop
Ingsp
Inter
Inter. Con
Int
Har
N. J.lin
Har. Corp
Har. C. Pf
WLM
BELO
Kan
Lack. Steel
Lake FE. & W
Lake BE. & W
Lehigh Valley
Mackay Cos
Maxwell M. Co
Maxwell M
Baltimore Securities
National Bank of Balto
Maryland Trust - Con
Con
United Rys
Elec. Co
Penn. Wat
P. Bz
United ‘Rys
U.S
U. S
Panama
Mitami
Minn
St. L
S.L. Pf
Pacific
Pac
Otta
Mont. Power
Mont. Pow. Pf
Y. Central
Nort
Ontario
Pacific Mall
Penn, R. R
Pan. Tel
Peo
People’s
Phila. Co
Pettibone
BRM
Pitts
Proas
P. & Cor
Quicksilver
Ry. Steel Sp
Ray Con
Rep. I. & Steel
Rock Island Pd
Beneweed
Seab. A. L. Pd
Leave Roebuck
Sloss
Slose S
South
Southern Ry
Tex. & Pacific
Texas Co
Texas Cot. Pd
Third Ave
Bt. L. & Gristoe
Union Bag & P
U. Ry. Inv
S. L
U. S. L Alco
U S.rub
Ist
Wab. Pd. B
West
Westinghouse
West Mfg. Ist
Woolworth
Willys
Chicago Grain
Europe
Charles M. Schush
James J. Hill
Vienna
Adventure
Maine
Franklin
Granby TS Greens-Cananeares
Mayflower Sesh
Mohawk
Shannon
Superior M Ning
United Frust
Utah Consolidated
Wolverine
Wyandot
NEW York Grain
Mergenthaler
Tiincoln
Local Stock Exchange
General Fund
Udine
Local Produce Market
Washington Castle Market
George W. White
CH. P. Johnson
George C. Walson
T. Gales Moore
the National Metropolitan Bank
U. S. Treasury
Mergenthaler. 2
Lauston
Washington Baseball Club
Grapho. Com
Grapho
Oklahoma Oil
Thomas L. Hume
G Street
Reem Tel
Mutual Life Insurance Company of New York
Ufe
Thomas P. Morgan
D. C
Jesse L. Heiskell
H St. N. W
Luis Cabrera
A.B. Leach & Co. Investment Securities
Broadway
Flather
Moorhead & Elmore
15Th St
Sbattery
Exchange Place
National Savings and Trust Company
15Th and
N. Y. Ave
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
John L. Edwards & CO
St. N. W
Washington Stock Exchange
BEF Hutton & Co
New York Stock Exchange
Seaboard
Flather, Moorhead&Elmore
Washington Stokeschange
Simon Tipperman
PLU
ALS CO
Main
Kk Bether Ci
American Graphophone Co
American Graphophone Company
C. W. Woodeop