Financial Markets React to War News Across Berlin and New York
Stocks show weakness on liquidation fears tied to Teutonic sources as war demand shifts. Berlin exchange strengthens on rising rates while Canadian Pacific and United States Steel move lower. New York cottonseed prices and futures also listed with mixed changes.
MENTIONED IN THIS ARTICLE
Berlin
Vienna
New York
Canadian Pacific
Doe
Thacahe
Miami
Midvale Steel
Magma Copper
Midwest Oil
Sinclair Oil
Metro, Petroleum
Lake Torpedo Boat
Submarine Boat
AETNA
Laited Motors
Chevrolet Motors
Westend Otf
and Gas
United Alloys Steel
IMP. Ctarbow Chaser
Boston
Hbest
New York Stock Market Hogs Cattle Sheep Prices Steady
Chicago and New York receipts show mixed livestock prices with hogs weak in Chicago and higher in New York. Cattle and sheep receipts vary across classes with steady to firm calves and mixed grain prices in the grains market.
MENTIONED IN THIS ARTICLE
Chicago
New York
Indiana
Local stock and produce prices in a historical listing
A dense price list shows stock exchange poultry items and regional produce values. Entries include hens, turkeys, spring chickens, butter, vegetables like potatoes carrots peppers and cucumbers, green fruits such as oranges lemons apples and pineapples, and livestock quotes for hogs sheep and calves with varied weights and yields.
MENTIONED IN THIS ARTICLE
New York State
Elgin
Tub
Virginia
Hennery White
California
Florida
Grain and cotton markets swing on U boat activity
Chicago wheat futures slid as German U boat actions unsettled markets. May and July contracts closed lower while corn and oats barely changed. provisions dull. New York cotton faced nervous, irregular trading with May expanding up and closing steady to higher in a volatile day.
MENTIONED IN THIS ARTICLE
Chicago
Bamshy Bay
jMay- Aene
New York
Bieh
Lew
Baltimore Markets prices and livestock quotes of Feb 7
Baltimore markets report weak wheat and quiet corn with spot prices and bid asks in late trading. Poultry and butter prices are listed for Maryland and nearby states with ranges for hens ducks geese and turkeys among others.
New York Produce Prices Report Feb 7
New York market notes show butter receipts at 7,615 with cremmery higher than extras. Eggs easier with 65,351 receipts and nearby white fine to fancy at 56 to 65 cents. Cheese firm with state specials at 2556, poultry alive firm, dressed chickens 18 to 23, fowls 17 to 24, turkeys 20 to 34. Flour unsettled, pork firm, beef firm, lard easy midwest 16.40 to 18.50, sugar unchanged.
MENTIONED IN THIS ARTICLE
New York
Hennery
Philadelphia Markets Report Feb 7 Butter Eggs and Wheat
Philadelphia market rundown shows butter firm to higher with Western creamery extras at 44 45, eggs mixed with lower nearby firsts and receipts, cheese steady to higher on New York full creams, wheat prices down with No 2 red spot and February at 1.78 1.83, No 2 Southern red 1.76 1.81, corn steady with fair demand, oats firm.
MENTIONED IN THIS ARTICLE
Philadelphia
Western Creamery Extra
F .c
F. c
Western Extra
New York
Oil Quotations from Oil City Trade Data
Oil City Pa February 7 credit balances 305 runs 62459 average 49856 shipments 4387 average 32733.
MENTIONED IN THIS ARTICLE
Oil City
Canadian rail earnings hit January record across Canada
Canadian railroads posted a January earnings surge totaling 17 460 888, up 2 728 772 from a year earlier. Gains were led by Canadian Pacific up 186 percent, Grand Trunk 93 percent, and Canadian Northern 357 percent, with Citations to North American outfits and the American Smelting and Refining Company naming new vice presidents. Baldwin Locomotive Works secured ten locomotives for 700 000 destined for South America while 500 000 was received from Canada for a Canadian bank.
MENTIONED IN THIS ARTICLE
Seaboard Air Line
New York
Canadian Pacific Prosg
Grand Trunk
Canadian Northern
The,and
Treasury
South America
Canadas
Washington Stock Exchange Notes and Dividend Declared
Market showed underlying strength with bid prices for stocks and bonds well supported. Mergenthaler limited sales with 165 and 165 1 2, closes at 166 bid 166 1 2 ask. Public utilities steady with no sales. Capital Traction 83 1 2 bid 83 1 2 ask. Washington Gas 72 1 2 73. bonds mostly steady though offerings eased bids. Lanston Monotype declares quarterly 1 4% dividend payable Feb 28 to holders of record Feb 17.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Mergenthasler
Capital Traction
Washington Railway and Electric
Ington Gas
Washington Gaa
Potomac Electric Consolidated Ss
Ateady
Lanston Monotype Company
New York Stock Exchange
Washington
New York
Wash
Alex
Mt. Ver
Wai Rwy
Elec
Rwy
Elec. Ptd
Washington Gas
Georgetown Gan
Munsey Truat
Buell Signal &eTrain
Thomas L. Hume
G Street
Tel. M
Lanston Monotype Machine Company
Philadelphia
Mredora
Businese
J Sellers Bancroft
Treasuver
Copper Prices Steady in New York and London Markets
The Metal Market reports copper prices steady in New York with nominal and electrolytic quotes for quarters at 30.00 to 32.50 and 54.50 to 55.50, while London notes copper futures at £132, electrolytic £146, and spot tin futures at £202.
MENTIONED IN THIS ARTICLE
New York
London
New York Money Market Rates from Feb 7 News
Mercantile paper 4 percent. Sterling 60 day bills at 4 7 2 percent. Commercial 60 day bills on banks at 4 7 2 44. Demand 4 75. Cables 4 76 716. Francs demand 5 44 12. Cables 5 83 44. Marks demand 69. Cables 70. Kronen demand 10 80. Cables li. Guilders demand 40 11 16. Cables 40 percent. Rubles demand 28 14 6. Cables 29. Bar silver 77 percent. Mexican dollars 59 percent. Time loans easy sixty days 3 percent, ninety days and six months 3 4. Call money steady high 2 percent, low 2 percent, ruling rate 2 percent, last span 2 percent, closing bid 2 percent offered at 2 percent.
MENTIONED IN THIS ARTICLE
Ramely
UN B & P
Ajax
Union Pacific
Alaska Gold
Union Pac
U. Cg
Washington Gan
United Drug
Capital Traction Railroad
United Fruit
United Ry
Washington Railway and Electric
Car & F
Potomac Electric
F. Pri
U. S Rubber
BOS Mergenthaler Linotype
H&s Pyr Ae
U. S
UT S Steel Pt
Utah Copper
le Tow
Utah Sec Corp
Locomont
Va CL
Bie
Saalani Tet &Tian
Wells Fargo
Georgetown
West Mary
Washington Gas
West UN
Columbia Gas & Filec Be
Tee
Col. Gas & Wee
Westinghouse
Wilson & Co C
Woolworth Oe
Capital Traction Co
W. i
City & Suburban
Am. Zine Pr
White Motors
Ans. & Pot RR
Willys
Bau Ann & Pot. Guards
Atchison
Lory
Wisconsin Cen
Metropolitan
BR. R
Atchison Pr
Wash
Rwy. & Blee
anUjAt Birm & Aj
Wash, Alex
Mt. V. Bs
Balt & Ohid
Amer
Balto & O of
New York
D.C
bSa
Lasues- Wash
Mkt. Co
Barrett CO
Beth Steel
Int Co
Beth Stl
N & W. Steamboat
Rhisa Rr
Riggs Realty
Burns Butte
Calumet & Jer
Can Pacific
Wash. Ry
Elec. Com
Rl&p.w. Wash, Rwy
Hiec
Curtiss Aero
Chic & N
Petroleum
Lanston Monotype
Chic Ri& Pac
Midvale Steel
BRM
Ri& P
Martin Arms
Sontenile Copper
Greene Cananea
O Am
Tt National Bank
Oklahoma
Joe Mluett Peab
Col Fuel & Tran
Pierce Arrow
Col Gas & Etec
Royal Dutch
Columbia
Sete
Consol Gas
Sinclair
St Joseph
Farmers Echo
Submarine Corp
Crucible Steel
United Alloys Ar
Cuba
Verde
Jod'nel & Hudson
Wright Martin
Sothea
Washington
Aes Wey
den & Rio Gar
Metroit Edison
American Security & Trust
Dist Securities
Atlas Powder
Sea Ee
National Law & Trust
Erie
du Pont Powder Union Trust Company
Wash. Loan & Trust
Erie Ist Pro
Havana Tobacco
Continental
Erie Ind Pr
Havana Tabacco
Hercules
Savings Bank
Lehigh C
sonsGen
Sapulpa
Commerce & Saving
East Wash
Security Law & Com’l
Goodrich, BF
St Oil of
Cal
Sct
Ind
Arlington
Ky Weats Corcoran
Greene
Gulf S Steel
Nebr
Hartman Corps
Oiloof
PO Minas Central
National Union
Weds
Ine Ag
Victoria
Lg Potomac
Sewer Ae
Yukon
Chapin-Sacks Carr
P C. Paper Mfg Co
Trans & Storage
Paper Or Recurity Storage Co
Aes S
Aon Inc Nickel
Tenet
Washington Market
Kan
Soth
U. © Realty Co
Kan City Sport
Kennecott
Kelly S Tire
INO Mackay Cos
Boston & Maine
Man Beach
Calumet
Arizona
Maxwell M Co
Bable
Calumet & Hecla
Manwell M
Manwell
Mass Bloc Co
Mayflower
May Dept
He&h
Miami Copper
North Butte Mining
PSS &M
Old Dominion Mining
Kan & T
Osceola Mining
Uw Quincey Mining
St Mary's Min’ Land
Ventura
Moat Power
Wolverine Mining
Nash &Chat
NH & Hi
O & West
Norf & West
Norf & W
BTR
North Amer
North Pacific
Ohio Cities
Ontario
Penn RR
Peoria & Hast
Marpow L
Phill Cot
CC &St Ul
Pitts Coal Ettal
Ry Steel
Ren T & Steel
Rep IT &S Pf
Seaboard
Lo Pt
S &L
South Pacific
Studebaker
Tenn Copper
Texas & Pacific
Coal Texas Co
Thid Avenue
Tobscea
Tran & W. St
Mercantile Paper
War Risk Rates for Ships Soar Across All Ports
Secretary McAdoo announced sharp increases in war risk insurance by the Federal War Risk Insurance Bureau effective at once for all American ports and destinations. Rates rise from Atlantic Pacific and other routes to South America China Japan Great Britain France Italy Africa and the Caribbean with most increases near 2 percent or higher.
MENTIONED IN THIS ARTICLE
Federal War Risk Insurance Bureau
McAdoo
Atlantic
Pacific
United States
South America
China
Japan
Great Britain
London
Rotterdam
France
Italy
Africa
Scandinavian Countries
Hawaitian Islands
Intervening Petition in Mertens Bankruptcy Case
The Mertens' Sons involuntary bankruptcy case gains a new intervenor Chinese-American Products Exchange Company seeks 3405 45 for salaries and 75 000 in losses on Pacific and Eastern bonds. Judge Hitz extends pleadings. firm argues lack of jurisdiction as to partnership status. Additional creditors include Munsey Trust Company and Bank of North America.
MENTIONED IN THIS ARTICLE
Mertens’ Sons
District Supreme Court
Chinese-American Products Exchange Company
Pacific and Eastern Steamship Company
Exchange Company
Robert H McNeill
Martens’ Sons
Justice Hitz
Douglas
O'Bear
Thomas M. Fields
Justice Hits
Wilton J. Lambert
Hayden Johnson
Charles F. Carual
Bank of North America
Frederick Mertens
William M. Mertens
Henry F. Mertens
John H Mertens
Copartnership
Chamber of Commerce objects to excess profits tax protest
The Cham ber of Commerce board opposed the proposed 60 per cent tax on excess profits as discriminatory and instructed the secretary to contact the Senate finance committee. A 20 minute talk on Riverside park from the District to Great Falls followed. A mass meeting on the tax and a memorial event for the Maine sinking were announced with invites to chamber members.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Sinclair
Senate Finance Committee
A. B. Casselman
Great Falls
Committee On Parks, Highways and Bridges
John G. Capers
W. T Galliher
Henry H. Glasale
Chapin Brown
Chamber
Gen Oden Lake
Army and Navy Union
Business High School
Maine
Habana Harbor
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Home Wienn
United Kingdom
Fan Tonite
America
Amerian Foreign Securities
Thy
Amerian Teal & Vel
Mertian Smelters
Tebreaa Ge
Anglo-Drench Ag
Amar & Oo
Altimore
Ono
Bethlehem Steel
Indas Trealkion
Central
Ar Fae
Chesapeake
Cheaga & Joont
Heaga
Rhicaga Girat Vestern
Pev
Chirag
Thicag
AMT
Kcaga
Northwestern
Moinrado
Southern
Denver
Pio Crande
Denver & the Cerande
Tachiwanna Steel Bs
Tiggett A& Myers Ag
Lorillard Us
Tomsylile & Nashgive UN
Missouri Ran & Teras Ist
Missouri Parittion
Montana Power
New Yorkian Ree & Ip
New Yornity
New York Railway
Adj
NH & Hart
Norfolk & Western cv
Northern Pacific
Parific Tel & Tel
Pennsylvania Consolidated
Penna
Ivania
Republic Steel
Southwestern
Ate Seaboard Air Line
Southern Pacific
Indy Southern Parific
Pu Southern Railway
Southern Railway
Gwen
Con Power Dlas
United Ris & Elec
Enmited Ris & Lies Inc
NEW York Stock Market
Curb Market
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Duluth
Manitoba
U Ss
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Local Produce Market
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Houston
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Pennsylvania
West Virginia
Wall Street
Joseph Clendenin
John McGowan
American Smelting and Refining Company
American Smelters and Securities Company
Baldwin Locomotive Works
Federal Bureau
Mertens
Chinese-American Exchange Co
George W. White
H. P. Johnson
George C. Walson
J. Gales Moore
the National Metropolitan Bank
15Th St
U. S. Treasury
Crane, Gilpin & Co. Bankers
14Th St
W.w.easterday & Co., Inc
W. Woodward
Harrison Kinnier
Mer
Telephone Main
D. C
Gt. Falla
Potomac
Washington Utilities
S& Mergenthier
Lansten
District National Bank
Continental Trust
National Bank of Washington
Nat. Bank
Munsey Trust
Bank of Commerce & Law
American Paper Can
Miller Train Central
Gavety Theater
Oklahoma OS
Alloys Metala Co
Buell Signal
Safe Deposit Dept
National Savings & Trust Company
15Th
N. Y. Ave
Atea
R. J. Campbell & CO
Southern Building
Casepaces
Grove
W. J. Howey
American Telegraphone
Uncle Sam Olt
Little Rock Ark
Chile
Unie
Santa Lua
Pena Derande
Demasias
Barcelona
Main 98
Loan Dept
Phillips & Sager, Inc
New York Ave
N. W
A. B. Leach & Co. Washil
Flather, Moorhead & Elmore
Hhone Main
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
Hambleton & CO
Investment Securities
Washington Southern Building
Main Bass
John Ll. Edwards & Co
Zsanders
Evehanes
St. St. Jazosszzi
Union Savings Bank
Wade H. Cooper
First Trust
Hight & Co., Inc
Colorado