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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Feb 15, 1919

Page

7

Market gains fade after early surge in broad advance

Wall Street opens with gains on hopes peace pact will promote prosperity. Royal Dutch led the board with a sharp rise while International Paper, Tobacco Products and Marine issues hit new highs. Rails firmed as oils and metals drove activity, though Southern Pacific lagged.

Speviel New York League of Nations Royal Dutch Wurley Shipping Board Southern Pacific Mexico

Market swings and corporate actions hit the New York curb

Broad Street saw an arbitrary market for Philip Morris stock after Tobacco Products Company announced a purchase, with the issue trading near par and rising privileges. Keystones and other equities moved, while war stocks showed quiet activity. In Chicago, corn and oats prices fell amid profit taking and expected demand shifts, with provisions tumbling from earlier highs as traders reassessed shipping and weather risks.

Offa Mavine Royal Dutch Baal International Philip Morris & Co Baldwin F. W. Woolworth Company RTS Shattuck- Arizons Chandler Motor Chandler General Motors American International Exchange the New Haven Washington Post New York Broad Street Philip Morris Tobacco Products Company Tobacco Products i Keystone Tire Lurten Motors Intercontinental General Asphalt British American Tobacco Banks Sealea Gillette Safety Razor Aetna

New York Cotton Prices Rise on January Demand Surge

Domestic January consumption beat expectations supporting early market advance. May futures climbed to 21.85 before retreating as ceilings narrowed to 21.33 and settled at 21.45, up modestly from yesterday. Old crop deliveries edged higher while later months held steady to down slightly.

Chicago Wilson Germany New York

Virginia Debt and Russian Bonds Stir Markets

The Virginia debt settlement talks gain traction with a proposed 1.1 million cash appropriation and 20 year bonds at 3.75 percent to swap for existing bonds, totaling about 14.33 million. Russian internal 64s see active trading in mature coupons though many certificates remain unregistered, while steel prices face anticipated cuts and British buyers eye lower costs as export trade prospects grow.

Washington Post New York Dintillera Be Bethlehem Liberty Virginia West Virgina Brown Bros. Committee National City Bank Russia American Chamber of Commerce London Pittsburgh

Philadelphia Markets Report Clipped by Damaged Text

On City Pa Feb 14 credit balances tunes 98 864 averages 60 aus shipments 45704 average 1c a

City

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