Market Dips as German Austria Exchange Breaks Shift Sentiment
New York reports a heavy trading day with Washington Vienna tensions driving declines in stocks and new minimums for marks and kronen. United States Steel and General Motors fall while Mercantile Marine Texas Company and Weating House show strength in a professional, narrow market. total sales reach $4,537,000 with US bonds unchanged.
MENTIONED IN THIS ARTICLE
Austria
New York
Washington
Vienna
Germany
Mercantile Marine
Texas Company
Weatinghouse
United States Steel
Galvia
New York Air Brake
Crucible Steel
United Fruit
Consolidated Gas
UK & Industrial Alcohol
National Biscuit
General Motors
Wall Street Roundup on Bonds and Bank Reserves
New York reports strong demand for high grade bonds and notes as investors seek diversification. Dividend and interest disbursements, totaling up to 360 million dollars, are expected to fuel reinvestment and corporate promotions in the new year alongside upcoming maturities. Bank of France and Bank of England statements show varied shifts in gold, deposits, and reserves with discount rates around 6 percent.
MENTIONED IN THIS ARTICLE
New York
New York Bond Market Roundup of Major Issues
New York bond listings dated December 16 show prices across a wide array of issuers. American Agricultural 5s trade around 108 percent, along with American Cotton Oil and Tel and Telco offerings, while heavyweights like Baltimore and Ohio, Central of Georgia, and Chicago and Northwestern post varied yields. The market reflects diverse debt instruments including consols, debentures, and ref notes with rates spanning from the low 90s to the mid 100s, highlighting demand for infrastructure, utilities, and industrials.
MENTIONED IN THIS ARTICLE
New York
American Agricultural
American Tel and
Télco
American Smelters
American Tobacco
Armour & Co
Atchison Wen
Atchison Cy
Atlantic Coast Line Con
Baltimore and Ohio
Bathlehem Steel
Brooklyn Transit
Central of Georgia
Pacific
Chesapeake and Ohio
Chicago
Quincy
Chicago Great Western
Mil
St P
St BP
Pac. Ry
Chicago and Northwestern
Colorado and Southern
S. Consolidated Gas Co
Denver and Rio Grande
Tistilers Securities
Erle
Erlegen
General Electric
Great Northern
Tilinoia Central
Inspiration Copper
Legze
Interborough Rapid Transit
Interborough Met
Kansas City Southern
Lake Shore
Llewett & Myers
Lernlard
Loulaville and
Nashville
Missouri
Kans
Texas
Missouri Pacific Co
New York Central
New York City
New York State
New York Railways Adj
N.Y
NH and Hartford
Morfolk
Western
Northern Pacific
Oregon Short Line
Facific
Tel
Pennsyvlvania Consolidated
Pennsylvania
Ray Consedal Am Cemeeiee
Repubiic Steet
St Louia
San France
St Louis
Third Avenue Adj. Bs
Union Pacific
United States Rubber
United States Steel
Virginia Caroling Chemical Ba
Wabash 1St OR
Western Union
Westinghouse Electric Ev
CURB MARKET AND GRAIN NOTES FROM CHICAGO AND NEW YORK
Uneasiness over possible wheat receipt disruptions from railway strikes and embargoes boosted prices. Chicago futures rose with December at 1.18 and May at 1.18 0, while oats and corn gained modestly. Market and banking rates showed easing time loans and call money with various currency quotes in New York and London.
MENTIONED IN THIS ARTICLE
Chicago
Steel giant sees vast war demand and prep for growth
In October 1915 the United States Steel Corporation operated near full capacity, with forward orders and war munition demand driving a dramatic upturn. Executives credit early preparation, steady expansion, and strategic plants at Gary and Duluth for the rapid mobilization, while noting 60–65 percent of new business stems from war-related manufacturing. The outlook cites Schwab’s 1920 pig iron forecast and bonuses for early delivery as signs of strong market confidence.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
United States
Thia Corporation
Steel Corporation
James A. Farrell
Steal Corporation
Lake Michigan
Gary
Duluth
Charles M. Schwab
Holland
Local Securities Market Displays Uneven Strength
The local securities market showed inactivity with a mild undertone of strength. No speculative interest limited price movement, while investment absorption in stocks and bonds was expected to keep activity around current levels. Only 65 Washington Railway and Hilco preferred shares traded, rising slightly. Potomac Electric solidified 6s at par. Union Trust and National Bank of Washington declared quarterly dividends. Potomac Savings Bank of Georgetown held a board election, with changes including the death of director Freeman and election of Clarke and Elgin to the board. The First National Bank of Wartrace Tennessee failed with $50,000 capital and $190,000 in deposits.
MENTIONED IN THIS ARTICLE
Washington Railway and
Hilco
Jolleresues
Washington Railway and Electric
Potomizc Electric Consolidated
Union Trust
Potomac Savings Bank of
Georgetown
Alphonse M. Baer
George Freeman
Enail
Branch B. Libbey
Peter J
Clarke
Freeman
D. B. Elgin
Fairfax County
Libbey
William ,W. Anderson
George Warren Offutt
Samuel Artz
Alphonss M. Beer
Emory H. Bagley
Henry W. Offutt
P. J. Clarke
F. Baker Weaver
George W. Gay
George W. Ofutt
Edward L. Schneider
J. William Stohlman
M.willson
New York Produce Prices and Markets Decode Dec 16
New York market report outlines butter eggs cheese poultry sugar flour pork beef and lard statuses. Creamery butter prices range high with 92 score extra and firsts to seconds. eggs show steady receipts around 10 513 cases. cheese bids include state whole milk and current make specials. Poultry lists alive firm Western chickens and turkeys, dressed prices for fresh killed birds. Sugar and flour noted steady with pork beef and lard similarly steady.
MENTIONED IN THIS ARTICLE
New York
Wearby Hennery
Hennery
Washington Railway and Electric and Miscellaneous Bonds and Stocks
Local stock exchange report lists Washington Railway and Electric preferred at 83 and 82 percent on various lots, Potomac Electric and Georgetown Gas bonds with bids around 102 percent, and multiple railroad, utility, and miscellaneous bonds. It includes ratings and prices for Capital Traction, Washington Gas, Am Tel and Tel, and several trust and savings stocks with brief quotations and percent changes.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric Preferred
Potomse Electric Consolidated
Gee Tetonn Awey and Electric
Geotown Gan Cert
Ind
Georgetown Gas
Washington Gas
Columbia Gas & Elec. S
Col. Gas & Electric
Capital Traction Co
City and Sub. By
Metropolitan Railway
Wash. By
Elec
Elec. Power Ist Sa
C. & P. Telephone
Tel and Tel. Co
Tel
Mkt. Co
Mkt
Cold Star, Gs
W. Steamboat Fs
Riggs Realty
Wash. Ry. & Elec. Com
Wash. Ry. & Blec
W. Steamboat
Columbia Gas & Blec
Am. Tel. and Tel. Co
Typh Machine &Tocks
Mergenthaler Linotype
Ween Lanston Monotypeé
Greene-Cananea Copper
War Ha National Bank
American
Capital
Columbia
Lincoln
Metropolitan
Riggs
Washington
Amer. Security & Trust
Nate Savings and Trust
Nate Union Trust Company
Wash, Loan & Trust
Continental
Home Savings Bank
Commerce and Savinga
East Washington Savings
Sav. & Com
Waren Security Storage Co
Washington Market
UW Aveee
Capital Traction
Wash. Rwy. Pfa
Wash. Rwy. Com
Washington Gan
Mergrenthaler
Lanston
Munney Trust
Washington Baseball Club
Grapho. Com
Grapho. Pfd
Oklahoma Oil
Thomas L. Hume
G Street
United States Treasury Financial Condition Report 1915
United States Treasury reports a net balance of 106 million in the general fund with receipts of over 2 million and payments near 1.9 million. The year’s deficit stands around 52 million, with last year’s deficit far higher after Panama Canal and debt transactions. Available gold and silver assets are listed alongside broad category totals and note issues.
MENTIONED IN THIS ARTICLE
United States Treasury
Iscat
Treasury
United States
Federal Reserve
Philippines
General Fund
Dentist Daniels Fends Off Police Ambush in New York
Detectives answering a telephone tip to the office of dentist W N Daniels in New York were greeted by a volley of revolver fire. A large crowd blocked traffic as shots rang out, but no one was wounded. Daniels claimed poisoning by a woman present, though no poison was found and no woman was located in the office.
MENTIONED IN THIS ARTICLE
New York
W.N. Daniels
Daniels
Local Produce Market Pricing Bulletin
Prices for poultry eggs butter and vegetables listed by item with per pound per basket and per box rates. Items include hens roosters ducks turkeys spring chickens dressed chickens cheese eggs potatoes lettuce cucumbers peppers and citrus with ranges for quality and regional origins.
MENTIONED IN THIS ARTICLE
New York State
Virginia
Florida
N. c
California
New York
New York Cotton Prices Slip Amid Unrest Unease
Uneasiness over the international political situation drove liquidation in the cotton market. Trading was light as March futures fell from 12.83 to 12.18 before closing at 12.19, with the general market barely steady and a day net loss of 11 to 20 points.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Grain Market Report Dec 16 Wheat and Corn Spot and Futures
New York grain summary shows spot firm for wheat with No 1 durum 1.27 percent fob New York No 1 northern Duluth 1.24 and No 1 northern Manitoba 1.234 fob Buffalo. Futures firm for December at 1.25. Corn spot firm No 2 yellow 2 prompt. Date spot firm No 8 white 0.464 ATH.
MENTIONED IN THIS ARTICLE
Boston
Pork
Boston & Maine
Franklin Riba
Granby
Vee
Greene-Cananea
Mayflower Deeree
Mohawk
Ray Cons
Shannon Superior Mining
United Fruit
Utah
Consgida
Wolverine
Vee Wyandot
New York
Duluth
Manitoba
Buffalo
Gould to Keep Securities Amid Missouri Pacific Reorg
New York December 16 war erupts over the Missouri Pacific reorganization as George J Gould opposes depositing Gould estate securities. Edwin Gould backs the plan while Helen and Frank Gould intended to place holdings with bankers. Kuhn Loeb officials say George’s move won’t derail the plan. Federal Reserve Board discussed amendments to the act but took no action.
MENTIONED IN THIS ARTICLE
New York
Missouri Pacific Organization
George J. Gould
Gould
Edwin Gould
George
Finley Shepard
Helen Gould
Frank
Kuhn, Loeb & Co
Ity
George Gould
Washington Cattle Market Prices and Grain Figures
Report from Washington m ark et showing hogs dressed weights 6 1/4 to 8 1/4 with small, medium and heavy categories. Sheep cap ped veal calves lambs listed. New York prices for Prime crude at 7.33 with term curves for December through July and Prime winter yellow and Prime summer white quotes.
MENTIONED IN THIS ARTICLE
New York
Livestock Market Roundup December Prices and Receipts
New York reports receipts for Reeves and calves with steady veals and fed calves, strong sheep and lambs, no hog trading. Chicago shows weak hogs with varied bulk and price ranges. cattle receipts weak with native beef steers, cows, calves, and mixed ranges. sheep unsettled with wethers, ewes, and lambs priced across a broad spread.
MENTIONED IN THIS ARTICLE
New York
Chicago
Philadelphia Markets Signals Mixed Grain and Dairy Swings
Philadelphia markets report mixed movements with dairy prices rising and eggs, butter, and cheese showing firmer trends. Wheat and corn display varying directions with No 2 red and No 2 yellow local notes shown, indicating a cautious trading day. Different regional figures include December positions and spot quotes.
The Metal Market Copper and Iron Prices In New York and London
Copper shows firmness in electrolytic at 19.75 to 20.00 in New York with iron grades steady. No. 1 Northern at 19.25 to 19.75, No. 2 at 19.00 to 19.50, and No. 1 Southern 19.25 to 19.75. Tin trades strong at 38.00 to 39.00 spot. London spot copper at £79 2s 6d, futures £79 15s. electrolytic £97 10s, Spotum £166 and futures £185 10s. Antimony at £125.
MENTIONED IN THIS ARTICLE
Saloe Sales
Adams Express
Alaska Gold M
Lehigh Valley
Alaska Juneau
Loose Wiles
Allis-Chalmers
Louis
Max. M
Amer. Can Va
Mer. M. Pr. Dtfs
Amer. Can Pf
Mex. Patrol
Am. Car & Fdy
Miami Copper
Cotton
Minn
Amer. Express
St. P.a& 8
Amer.h & L
Kan & T
Mo. Pacific
Amer. Ice
Mo. Pac
Amer
Loco
Am. Smelt
Pf.a
Smelt
Pf.b
Am. Stee
North Pacific
Amer. Woolen
Ontario Silve
Am. Woolen
Pacific Mail
Amer. W. P
Pacific T
Pres. Sd. Car Pf
Batopila
Car
N.I
Beth. Steel Pt
Quicksilver
Brooklyn R
Burns Bros
Ry. Steel Sp
Butte & Sup
Ray. Con. Cop
Cal. Petrol
Canadian Pacific
Rep.1. & Steel
Central Leather
Rep. L
Chi. Gt, Wes
Chi. Gt
W. Pf
Chino Con
Sea. A. L. Pd
Chile
Sears
Roebuck
Cluett-Peabody
Slcas
Colo. F
South
Pacific
Consel Gas
Southern Ry
Contin
Crucible Steel
Studebaker
Crucible St. Pf
Texas & Pacific
Texas Co
Third Ave
GOK
Det. United Ry
Tobacco Pr. Pd.fidi
Diamond Match
Union Bag & P
Dial. Securities
Elec. Stor. Bat
Union B.&p.pd
Eria
Union Pacific
Erie Lst Pt
Union Pac
United Cigar
United Cig. P Jis
Gen. Chem. Pt
T. North. Pt
C.lp& F
Gt. N. Ore
S.clp&f Pd
Greene
I. Alco
Real & Imp
Int. Agricul
U. & Rub
Int. Agricul. P
U. 8. Steel
Inter. Con
U. S. Steel
Utah
Iron C
Web
Pd. B.w. i
West. Mfg
Kreage Co
Woolworth
ALITY
Lack, Steel
Lake B. & W
Willys Over
New York
Northern
Southern
Metal Exchange
London
Also Mentioned on This Page
Us& Steel
Bethlehem Steel
Bank of England
Dow, Jones & Co
Bank of France
Baltimore Securities
Baltimore
Nat Bank of Baltimore
Maryland
Penativey Consolidated Power
Consol Tower
Consol
Flouston Ofdiv
M & C.is
United Rys
U & Aa
Panama
Atlas
Emerson Boat
Goldfield
Lake Torpedo Boat
Lehigh C
Midvale
N. J
Old Atk
Cal
Kan
Chio
Swan & Finch
United
Yukon Gold
NEW York Stock Market
Chicago Grain
City
Mercantile Paper
Emand
France
National Bank of Washington
Williams
First National Bank of
The
Commercial Nationa Bank
Bank OF Personal Service Corner
Fourteenth and G Sts
Ashton G. Peepee
Arthur Lee James A. Cahill
Tucker K. Sands
Frank E. Ghiselli
Herbert V. Hunt
Cara
Eecace-Waste
Local Stock Exchange
New Orlean
Weaton
Mobile
Savana
Charleston
Wiington
Texas City
Settees
Norfolk
Philadelphia
Galveston
Savannah
Houston
St. Louis
Cincinnati
Little Rock
Wanh. Ry
Potomac Con
Washington Utilities Co
Mergenthaler
Lanaton
Redmond &Co
Woodward Building
Jease L. Heishell
H St. N. W
Ottawa
Ontario
Great Britain
United Kingdom
Italy
Japan
Russia
Baltic
Local Produce Market
NEW York Grain
Missouri Pacific
Federal Reserve Bank
Federal Reserve Board
Washington Cattle Market
Riggs National Bank
gGovt
Washington Loan & Trust Company Cor
John Joy Edson
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
John L. Edwards & CO
St. N. W
District Bas Co
Mato
Dentinger & OO
Buite