Market Decline Persists As Foreign Selling Continues
Washington Post reports heavy foreign selling and broad market weakness amid the European tension. Exchange rates show mixed moves with remittances to Germany near lows. Dutch guilders quoted high as Holland acts as regional clearing hub. Sector leaders weaken while American Smelting, Texan Company, and Consolidated Gas strengthen on short covering and encouraging rumors. Government crop report notes slight cereal deterioration and reduced acreage.
MENTIONED IN THIS ARTICLE
Germany
Holland
Canadian Pacific
Erles
Chesapeake & Ohio
Texan Company
Consolidated Gas
Ancona
Granger Group
Ralla
United States
New York Money Market Snapshot Dec 17 Market rates steady
Mercantile paper and government bonds show little change while railroad bonds remain heavy. Time loans steady with 60 90 day 2 percent six months 2 3 percent. Call money steady high 2 low 1 percent ruling rate 2 last loan 3 closing bid 1 offered at 2.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Holland reports on U S securities for foreign exchange
New York December 17 The British government favors American securities to sustain trade and foreign exchange during the war. Estimates place U S securities abroad from 3 to 5 billion dollars, with railroads accounting for up to 3 billion. The strategy could shift indebtedness dynamics between the United States and Britain, potentially altering debtor status after the war.
MENTIONED IN THIS ARTICLE
Great Britain
United States
London
Germany
Holland
New York City
Dasa
Lord J . Kitchener
House of Commons
Local financial and business notes on Washington market activity
The local exchange showed broader market breadth and higher volume than yesterday. Washington Railway and Electric led with common stock at 88 1/2 and 34 on sale of 50 shares, preferred at 88 1/2 with 100 traded, Capital Traction bid at 43 with no offers, Washington Gas weak at 74 bid with 76 asked, and Mergenthaler firmer at 165 1/2 while Lanston fell. Graphophone recovered losses with 10 shares at 148, bids 142, asks 144. National Savings and Trust 10 shares at 280, Potomac Electric at 54, Homepeanee Bank declares 8 percent semiannual dividend raising annual to 13 percent payable January 1 with transfer books closed December 20 to January.
MENTIONED IN THIS ARTICLE
New York
American Agricultural
American Tel and Tel. Co
American Smelters
American Tobacco
Armour & Co
Atchison Gen
Atchison Co
Baltimore and Ohio
Bethlehem Steel
Brooklyn Tranatt
Central of Georgia
Central Leather
Central Pacific
Chesapeake and Ohio
Chicago, F and Quincy Joint
Chiago
Chicago Great Western
Chicago
St P
Northwestern
Colorado and Southern
Consolidated Gas Co cv. Ga
Veaver and
Rio Grande
Distillers Securities Bs
General Electric
Great Northern Ist
Winola Central
Inspiration Copper Cy. Ée
Interborough Rapid Transit
Interborough Met
Kansas City Southern
Lake Shore
Lignett & Myers Gs
Lorillard
Louisville
Nashville
Missouri Kana
Texas
Missouri Pacific
New York Central
New York City
New York State
New York Railways
Nynh and
Hartford c
Norfolk and Western Ov
Northern Pacific
Ae Sane
Oregon Short Line
Pennsylvania Consolidated
Pennsylvania Gen
Ray Consolidated
Reading Renon. “ O
Republic Steel Bs
St Louis
San Fran
Southern Bell Tel
Southern Pacific
Raf
Southern Railway
Bas
Texas Company
Texas and Pacific
Tee
Third Avenue
Union Pacific
United States Rubber
United States
Washington Railway and Electric
Sams Gate
Capital Traction
National Savings and Trust
Washington Railway and Electric 4S
Potomac Electric Consolidated
Home Peanee Bank
Capital Traction Railroad
Washington Railway and Elestria Common
Washington Railway and Electric Preferred
Mergenthaler Linotype
Laneton Monotype
Capital Traction Railroad Sa
LCTM
Geotown Gas Cert
Ind
Georgetown Gas
Washington Gas
Columbia Gas & Eloc
Icel- Gas & Electric
Capital Traction Co. Sa
P. River R. RK
P. River
Guar
Matropolitan
BR. R . Waah
Elec
Pot
Mtg. Ss
Am. Tel
Tel. Co
Tel
Ssi
Wash. Ry
Hlec. Com
Blec. Pfd
W. Steamboat
Aes Washington Gag
TE Columbia Gaa & Elec
Lanston Monotype
Graene-Cananea Copper
National Bank
American
Essewhere
Columbia
Lincoln
Metropolitan
Rigas Tees
Washington
Trust Company
Amer. Security & Trust
Nat’ Savings and Trust
Union Trust Company
Wash
Loan and Trust
Continental
Savings Bank Stocer Home Savings Bank
Commerce and Savings
East Washington Savings
Savings and Com
Arlington
Corcoran
National Union
Columbia Title
Chapin-Sacks Co
C. Paper Mfg
Seas
Graphophone
Mer
Shota
Security Storage Co
Wash. Hy
Potomac Con
Waah. Rey. Pid
Mergenthaler
Lanston
Munacy Trust
Washington Baseball Club
Grapho. Com
Grapho
Oklahoma
Thomas L. Hume
G Street
Reems
Local Stock Exchange Call and Bond Report
The market lists various railroad and utility bonds and stocks with prices and yields. Capital Traction Railroad, Washington Railway and Electric, Potomac Electric, and city lines feature across bonds and common, preferred, and short-term notes. mining, banking, trust, savings, fire insurance, title, and miscellaneous stocks appear with multiple bid and ask levels and percent values.
Treasury daily balance report shows deficits and large asset totals
United States Treasury notes a net general fund balance of 106,286,959.03 with total general fund assets reported at 208,607,918.64. Receipts for the period reach 3,498,453, disbursements 2,489,281, and the current fiscal year deficit stands at 61,178,120.08 compared with last year. Gold and silver holdings, reserve notes, and various securities are itemized, including subsidiary coin and bullion figures.
MENTIONED IN THIS ARTICLE
United States Treasury
Treasury
United States
Federal Reserve
National Bank
Yates
Federal Reserve Banks
Philippines
General Fund
Wall Street Notes Boost Holiday Trade Signals
New York reports sustained activity across most sectors with growing annual sales and heavy Christmas buying. J P Morgan unit says December 30 interest to Anglo French loan syndicate will cut bond costs. Walter D Owens promoted to auditor at Baltimore and Ohio Railroad succeeding the late J L Kirk. Owens previously led the valuation committee clerical work.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
J. P. Forgan &Co
Walter D. Owens
Baltimore and Ohio Railroad
J. L. Kirk
Metal Market Advances and Slumps Across Metals
New York reports show copper firm at 2000 electrolytic, iron steady, tin quoted 39 50 bid on the Moetel Exchange. London spot copper at £80 12s 6d, futures at £81. Electrolytic copper £98, spot tin £167 10s, futures £168 10s 8d, antimony £126.
MENTIONED IN THIS ARTICLE
New York
Moetel Exchange
London
Cottonseed Oil Market Prices Recorded in New York
New York market data shows prime crude values at 1.27 1.83 with spot at 8.32 for December and futures months from January to July trading from 8.31 to 8.54. Prime winter yellow and summer white priced at 3.50 in the report.
MENTIONED IN THIS ARTICLE
New York
New York Cotton Prices Fall on Renewed Liquidation
The cotton market was weak and unsettled on December 17 with March contracts dipping to 11.98, slightly under last week’s highs, and closing around 12 cents as the general list finished barely steady, reflecting a net loss of 13 to 22 points. Futures showed January at 14.70 to 11.71, March 11.98 to 12.00, May 12.43 to 12.22, July 12.65 to 12.88, and October closing near 12.06.
MENTIONED IN THIS ARTICLE
New York
New York Produce Prices Report Dec 17
New York market notes show butter receipts 6088 pounds with 92 score creamery at 36 1/4 to 37 cents, creamery higher at 31 1/2 to 37 1/2, eggs weaker with 6616 receipts and varied grades, cheese firm at 16 to 17 1/2 for whole milk flats, poultry prices steady to weak with live Western chickens 14 to 15 1/2 cents, dressed fowls 18 to 17 1/2, turkeys 20 to 25 cents. Coffee futures ease with Rio No 7 at 7 cents, January 6.67, July 6.82. Flour firm, sugar raw 4.17, centrifugal 4.00, refined steady. Pork steady, lard easy, beef steady.
MENTIONED IN THIS ARTICLE
New York
Hennery
Rio
New York State
Virginia
G Southern
Florida
California
Baltimore Markets Dairy and Grain Prices Report
Baltimore markets report day noting oats holdings 811,597 bushels in elevators and 9,390 bushels shipped from elevators. Poultry and butter prices listed with weights and regions. Eggs and dairy prices across Maryland Pennsylvania and Western regions included.
Chicago Grain market slides on government crop figures
Wheat futures fell sharply with nearby December at 1.186% and May 1.17% as analysts note unsettled session. Corn and oats closed down with mixed shifts from yesterday, while barley and timothy quoted in furthers. Futures board shows various bids across No. 2 red wheat No. 2 yellow corn and No. 2 white oats with several closing figures and open ranges.
MENTIONED IN THIS ARTICLE
Chicago
Lord
Winter Wheat Harvest Forecast for 540 Million Bushels
The Department of Agriculture estimates next winter wheat harvest at about 540,000,000 bushels, about 116,009,000 less than this season's winter wheat, but roughly 100,000,000 more than the five year average 1909-13. December 1 condition stands at 87.7 percent of normal, compared with 33.2 last year and 97.2 in 1913. ten-year average is 30.3.
MENTIONED IN THIS ARTICLE
Department of Agriculture
Philadelphia Markets Dairy and Grain Report
Philadelphia markets report shows butter and cheese steady as of December 17 with untaxed firm oats and steady poultry. Wheat prices slipped to 1.20 for No. 2 red December and 1.22 for spot. corn firm and tallow weak.
MENTIONED IN THIS ARTICLE
Philadelphia
New York Grain Market Summary and Prices
New York December 17 reports spot wheat irregular with No 1 durum at 130% froth and No 1 Northern from Duluth at 23% and Manitoba at 123% cents per bushel. Futures were barely steady with December at 1.23. Corn spot barely steady at No 2 yellow 32 prompt, oats spot steady. City data notes credit balances at 2.15, run 105.48, average 79.94. shipment 9,005, average 5471.
MENTIONED IN THIS ARTICLE
New York
Northern
Duluth
Manitoba
OM City
Local Produce Market Prices and Poultry Goods
A market listing shows alive poultry prices for hens roosters ducks and turkeys with choices and weights. It also lists dressed chickens hens ducks and turkeys with per pound rates and other poultry grades. Butter cheese and various vegetables and fruits with regional origins and per unit pricing are included.
Washington Cattle Market Report Summary
A Washington market report notes various cattle categories with figures showing dressing percentages, fatness indicators, and segregation by groups. It references dressed cattle at 88 percent, with meat types including beef, veal calves, sheep, lambs, and med fur categories, alongside percentages for heavy, light, and other classifications.
NEW FIRE ENGINE DONE Alexandria notes and civic updates
Alexandria shows progress with a new triple combination pumping and chemical motor engine from American LaFrance nearing delivery, to be housed at No 1 Truck House. Council considers riverfront protection and a new engine house. an auto for Chief Gronau arrives for delivery soon. Fraternal officers installed January 6 1916. Red Men plan Christmas tree and musical in Young People's building with gifts for 250 children. A Westminster Club debate on preparedness names Cooper as speaker. a freight train collision injures two on Southern Railway with investigation underway.
MENTIONED IN THIS ARTICLE
Shangton
Busdau
King Street
Alexandria
Committee On Fire Department
American-La France Fire Engine Company
Elmira
W W Withers
Prince and Royal Streets
National Association of Fire Underwriters
West End
Rosemont
Robert E. Gronau
Fire Department
Washington
Order of Fraternal Americans
Maurice McKenny
H Mudd
J H. Mansfield
J. R Mansfield
F. S Lucas
R W. Ebhardt
QO. H Daniels
W. J Garrett
James Lloyd
R. Smith
W. D. Zimmerman
L. D. Lyles
J. H. Trimyer
Grand Council
F. C. Glasgow
R. J. Ayers
G. W. Pettit
Order of
Red Men
Walter 8. Nicklin
Worth Stanton
Harry H. Newton
Conway C. Brawner
Roger C. Bullivan
Arthur J. Butcher
Treasury deficit blamed on import decline from war
Treasurer John Burke reports a deficit of 33.49 million for the year ended June 30, citing European war reduced imports. He urges more small paper currency and repeal of laws restricting banks from issuing $5 bills to one third of circulation. Receipts around 697.9 million. expenditures about 731.4 million. prior year surplus about 1 million. Internal revenue gains offset by lower customs.
MENTIONED IN THIS ARTICLE
Treasury
John Burke
Live Stock Markets Decline in Mixed U.S. Trade
Chicago hogs show weak receipts at 51,000 with bulk 6.15 to 6.60 and mixed bids up to 6.95. Cattle receipts at 4,000 mostly weak with native steers around 5.35 to 11.00 and Westerns 6.25 to 8.25. Sheep steady with wethers 6.10 to 6.90 and lambs 8.90 to 10.00. New York trades show steady beef and calf values with similar ranges.
MENTIONED IN THIS ARTICLE
Chicago
New York
iVeala
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THE
Washington Post
Europe
Bears
Vienna
George W. White
C. E. P. Johnson
George C. Walson
J. Gales Moore
the National Metropolitan Bank
15Th St
U. S. Treasury
NEW York Stock Market
Adams Express
Inter. Harv
N. J. Lal
Alaska Gold Mining
N.J
Allia-Chalmers
Inter
Paper Pf
American Beet Brest
Kansas City
Kresge
Amer
Car & Foundry
Lackawanna Steel
Car & F
Lake Erle & Western
Liggett & Myers T
Lehigh Valley
American Expres
Louisville & Nashville
Maxwell Motor
Wees
Merchants Marina Pro
Smelt
Rot
Mexican Petroleum
Montana Power
Hnam. & Stamp
Atchison Seve
Navada Opper
Atchison
Norfolk & Western
Baltimore & Ohio
Pfd
North America
Batapolls Mining
Ontario Mining
Ees
Brooklyn Rap
Ivanell Rey
Pacific Mail Steel
Brooklyn Union Gas
Fahee” Penns. Railroad
Brunswick Terminal
People's Gas, Chi
Burns Bros
Paita. Company
Butte Superio
Pittsburgh Coal
Butterick Pub
California Oil
Public Service C
N. J
Quicksilver Mining
Ray Con
Reading Railway
Republic Iron & Steel
Chicago Gt. Western
Republic Ir. & Steel Pt
Chicago Gt. West
Sears, Roebuck
Slose-Sheffield
Chicago, Mu. & St. P
KR. T. & Pac
Porto Rico Sugar
China Copper
Chile Copper Co
Southern Railway Asq
Colorado Fuel & Iron
Southern Railway Pl
Consol
N.Y
Sted Ee
Stl
Wee
St. L
Can
Studebaker
Crucible Steel
Tennessee Copper
Titano
Cuban-Amer
Sugar
Iba
Deere & Co
Union Bag & Paper
Delaware & Hudson
United Rwy. Invest. Pf
Erie Railroad
Erie
U, & Ind
Erle
Federal Mines
U. & Rubber
Tevenltsh
U.S. Steel
General Motors
Steel
Utah Copper
Goodrich Co. BF
Car. Chel AB
Greene-Cananea Cop
Caro. Chemical
Great Northern Pl
NBA
Wabash W. I
Great Northern
Wabash Pf
Curb Market
Boston
Braden Copper
Brit.-Amer, Tobacco
Goldfield
Kennecott Copper
Kerr Lake Wanes Reese
Sae
Lake Torpedo
Magma Copperwee
Midvale Steel
Tay Nipissing Mines Co
Riker-Hegeman
Alaska Gold
Alloues Mining
Maine
Everenee
East Butte
Granby
Greene-Cananea Mining
Lake Mining
Wee We
Mohawk Mining
Nevada
Shannon Mining
United Fruit
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Utah Con
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New Orleans
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Mobile
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U. 8
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U S
Panama
Wall Street
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Western Flats
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BS tiNowk Mt CO
Kvane
Xandria
William Knowles Cooper
Washington ¥. M. C
Westminster Club
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John F
Scott
F. J. Slaymaker
Edward Gibbs
Kenneth N Mount
Mr. Cooper
Hugh A. Thrift
W. H. Melchoir
R. W. Goldsworthy
G. W. Scott
Grange
Charlottesville
U. S
National Savings and Trust Company
15Th
N. Y. Ave
District of Columbia
Conpias
Seaboard
Moorhead&Elmore
New York Stock Exchange
Washington Stock Exchange
John L. Edwards & CO
St. N. W
F. Eyton & Co
Deere
York
Simon Tipperman
District Bus CO
Mutual Life Inturance Company of New York Guarantees
Thomas P. Morgan
Southern Ridg
D. C
Jesse L. Heiskell
H St. N. We
Aipwsear
Hhi