Wall Street Tumbles as Amalgamated and Steel Lead Decline
New York trading week opens with a weak market. Amalgamated Copper and United States Steel lead a broader slide while tobacco stocks slump among specialties. Investors fret over a poor bank statement, larger than expected deficit in reserves, and unfavorable crop reports.
MENTIONED IN THIS ARTICLE
New York
Amalgamated and Steel
Seling
Amalgamated Copper
United States Steel
London
Tobacco
Middle Western States
Ohio
Illinoia
Teday
United State
Treasury Report July 1812 Deficit and Reserve Funds
United States Treasury figures for July show receipts totaling 2,007,958.91 with disbursements of 5s B AT0,785 19. The month closes with a deficit of 4,018,116.60 and a year-to-date deficit of 3,010,114.50. The report lists cash balances, certificates, bank notes, and gold bullion, with closing quotations for several mines and securities in Boston.
MENTIONED IN THIS ARTICLE
Rustnens
Hald
Treasury
Cmeta
Baltimore securities and grain prices from Philadelphia market report
In export elevators prices show two cent declines for wheat and oats, No. 1 gallow and No. 2 white oats listed along with butter eggs cheese and poultry quotes. Butter, eggs, cheese and poultry prices are provided with regional variations and receipts noted.
Wheat Market Dips Then Rebounds Amid Storm Selloff
New York Money Market and Baltimore markets show wheat slumping over 3 in early trading before partial recovery. Oats soy, barley and feed grains fluctuate. corn and wheat futures vary with shifts in demand. Trading includes interest rates, mercantile paper, and currency exchange while live poultry and livestock prices edge higher on demand.
Wall Street Gossip on Georgia Bond Issue and Market Outlook
Directors of the Central of Georgia Railway at Savannah authorized a 30 million bond issue for refunding and general corporate purposes with early sale authority up to 5 million for immediate needs. Daniel G. Reid predicted a strong harvest and revival in business. European buyers reduced purchases due to low rates, while U S stocks faced mixed overseas demand and Atchison earnings suggested lower near term returns.
MENTIONED IN THIS ARTICLE
New York
Central of Georgia Railway
Savannah
Seah Me
The
Central
General Corporation
Daniel G. Reid
Europe
Weat
New York Stock Market Quotations Confirmed by Hibbs Co
The prices shown mirror those received by W B Hibbs & Co bankers and brokers located in the Hibbs Building. They are members of the New York Stock Exchange the Chicago Board of Trade and the Washington Stock Exchange.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
Hibbs Building
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
New York Produce Prices and Grades Across Dairy Poultry and Grains
Market report lists CHEESE receipts at 3,774 boxes with varied grades including fancy, under grades, and seconds. BUTTER receipts 15,661 tubs with creamery and various quality tiers. POULTRY shows alive uncertain prices, dressed Western chickens and fowls. FLOUR, RYE, CORNMEAL, PORK, BEEF, LARD priced with standard grades. COTTONSEED OIL and SUGAR reported steady to easy. vegetables like CABBAGES and PEANUTS also noted with steady quotes.
MENTIONED IN THIS ARTICLE
New York
Penneyvania
State
Pennsylvania
Heenery
Middle West
Alo
Santos
Cordova
Jersey
Virginia
Washington Produce Market Wholesale Quotes
Wholesale prices from Washington Market highlight demand for Florida and North Carolina fruits and vegetables, with steady home-grown supplies. Included are figures for onions, potatoes, cucumbers, peppers, melons, lettuce, berries, and meats, listing per crate or basket prices across regions and varieties.
MENTIONED IN THIS ARTICLE
Florida
North Carolina
New York State
New
Virginia
Texas
California
Beav. Ar
Copper Market Report from New York Trading Floor
The metal market details copper prices for spot and futures including July August and September deals. Arrivals in New York total 457 tons with exports this month at 3 241 tons. London copper remains steady with specific bid levels for No 1 Northern and Southern categories.
MENTIONED IN THIS ARTICLE
New York
London
Steedy
Clore
Local Markets Show Stagnation Amid Bond Demand
Local financial conditions drifted with stock trading closed since Friday as investors favored local utility bonds. Bond sales totaled 2,500 dollars with 6 shares of Mets traded, while Potomac Consolidated 5s at 109 1 8 and Washington Gas Gs at 111 1 8 dominated. May paper production rose to 116,460 tons and shipments reached 115,508 tons, a new record per the American Paper and Pulp Association. J R Stevens resigned as national bank examiner for three states to become clearing house examiner for New Orleans.
MENTIONED IN THIS ARTICLE
Capital Traction Railroad
Potomac Electric Cons
Washington Railway and Electric Preferred
Washington Gas
Lanston Monotype
Washington Railway and Electric Common
Georgetown Gas
Escormptenyn Gas
Washington Gas Sa
Capital Traction Co
Anacostia
City
Columbia 2d Mort
Mount
Potomac Electric
Potomac Electric Power
Ches
Potomac Tel
Amer, Tel
Teleg
Col. Paer
Norfolk
W Simbi
Iggs Realty
Long
Baltimore
Riggs Realty
National Bank of Baltimore
Capital Traction
Railway and Electric
Consolidated Power
Ray
Consolidated Coal
Virginia
Houston
Norfolk and Wash
Washington
United Railways
Eastern Light and Fuel Co
Great Falls & Old Com
G. B
Houston Oil Dig
Lanston
Mergenthaler Linotype
United
Blec
United Rys
Elec. Inc
Oka Commerce
New York
Farmers and Mechanica
U. S
Ayaay'e LH
American Security and Trust
National Sa' 285 Union
United Statates Trust
Savings Bank
Citizens Savings
Union Sa
Columbia
Col. Tal
Paper Ee Co
American Graphonhone
Allis-Chalmers
Kan
City South
Amalgamated Copper
Laclede Gas
Agriculture
Lehigh Velley
Louisville and Nash
Can
Mackay Co
Oy Minn
St.Louis
Bt P&s
St. M
Am. H
L. Pfd
Rtrd K
New York Central
Norfolk and Western
North American
Northern Pacific
Anaconda Mining Co
Pacific Mall
Atchiaon
Pacific Tel
Tel
Atehigon Pra
Jos
Rosy
Pennsylvania
Atlantic Coast Line
People’s Gas
IBY Aiag
Baltimore and Ohio
Pitta
D. C
St. L
Bethlehem Steel
Pittsburgh Coal
Brooklyn FR. T
Bay Consol
Chesapeake and Ohio
Chicago and
Aston
Republic Steel
Chicago
Chi Great West
N. W
Rock Island Co
Bobo
Chino
S. F
St. Louis
Ag PH C
C. Cr & Btweefeeese
St. Louis South
Colorado F
Sloss-Sheffield S. & L
Colorado and
South
Beaboard Air Line
Consolidated Gas
ASHI
Southern Pacific
Delaware and
Hud
Southern Railway
Denver
R. G
Tennessee Copper
Union Pacific
Goldfield Con
United States Realty. SI
Great Northern
United States Steel
Great North
Llinois Central
SOO U
Steel
Interborough-Met Bal
Wabash “ Ag
Inter. Marine of
Wabash
International Paper
Western Maryland
International Pumpamah TI
Iowa Central
Westinghouse Elec
Western Union
Kansas City Souther
LL. B Oil
Stock Exchange
Mets
Potomac Consolidated
American Paper and Pulp Association
Commissioner of Corporations
J. R. Stevena
Huntavillé
Ala
National Bank
Alabama
Mississippi
New Orleans
Clearing House
L. P. Hosmer
Birmingham
United States
the Finance Forum
New York Grain Spot and Futures Report
New York July 8 grain market shows wheat spot weak with No 2 red around 1.12 to 1.14 in elevator and export lanes. Futures ease early on crop and weather optimism, then rally on bullish data and covering, settling lower for July and slight gains for other months. corn and oats weak to easy with mixed receipts and standard white barley quiet.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Pennsylvania
West Virginia
Virginia
West
New York
Arriva
Duluth
Investments by nation s small capitalists in bonds rise
Holland outlines a nationwide shift where ordinary savers buy 6 percent bonds directly from regional firms to fund plant expansions and debt refinancing. The piece argues widespread private investments bypass underwriting bankers, fueling a large, local capital expansion across the United States.
MENTIONED IN THIS ARTICLE
Holland
United States
New York cotton market opens with strong gains
The New York cotton market opened with excited buying and prices rising 17 points on leading new crop positions. Selling pressure faded as demand grew with a government forecast of more settled conditions. By mid day, futures cooled yet closed 3 to 8 points higher and spot prices stayed steady at middling upland 13.40 and sales at 490 bales.
MENTIONED IN THIS ARTICLE
New York
Joel
Ras
Gulf
Court Decides $10 Million Stock Free to Havemeyer Estate
In Trenton on July 8 Vice Chancellor Stevens ruled in Hooker v Havemeyer that $10,000,000 of National Sugar Refining stock was given to Henry O. Havemeyer without consideration. He left open whether the stock remains in existence and is paid for by the estate or is canceled.
MENTIONED IN THIS ARTICLE
Trenton
N. J
Stevens
Court of Chancery Today
Norman D. Hooker
Henry O. Havemeyer
National Sugar Refining Company
Havemeyer
James H. Post
New York Sugar Refining Company
Mollenheuer Sugar Refining Company
Auit
Henry Clay Pierce
New York
Supreme Court
Brady Today
Alice G. Rycroft
Pierce
Live Stock Markets Trade Report From Chicago and New York
Cattle receipts 19 000 market steady to 10c lower calves 2c lower. Texan and Western steers around 5 8007.40 and 2 597.70. hogs receipts 20 000 market easy with small early gains. sheep receipts 18 000 market steady to 15 higher. New York beef and lambs: receipts 2 408 beef market steady to higher. lambs and hogs mixed with regional price ranges. weekly totals show steady or improved demand for steers, cows, and sheep with higher lambs and firm hogs in some grades.
MENTIONED IN THIS ARTICLE
Chicago
Piga
New York
State
Fenneylvania
Maltimore
Mas
Tay
Western
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Peerless Zell Motor Car CO
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