Market Wrap: Rail Shares Lead Losses and Lackawanna Rises
New York July 12 The market saw sweeping selling in speculative stocks with rails showing strength in Pacific and Canadian lines while United States Steel fell. Lackawanna Steel reports a second quarter net gain near 2.9 million, aided by demand for independent steel firms. Alcohol and shipping stocks tumbled, with Allied and United States Steel among the declines as markets closed with a broad downturn and bond activity uptick.
MENTIONED IN THIS ARTICLE
Pacifics
Lackawanna Steel
New York
Survess
Rails
United States
Washington Cattle Market Roundup
Market notes indicate hogs at 8 3 percent and mixed classes. Small offerings eased, medium and heavy hogs steady. Sheep and veal calves showed mixed results with slight declines and spring lambs trading at moderate levels amid light activity.
Boston Closing Prices and Miners Listed in July Trade
A brief list of closing prices and miner names appears, including Beston, Alaska Gold, Allouez Mining, Boston & Mann Copper, United Fruit, and several others. The fragmented data references multiple mining companies and regions such as Alaska, Granite, Maine, and Utah, with dates around July 12.
Holland Writes Of No Hesitation In Business Plans
New York July 13 The financial district shows strong interest in the presidential campaign as both Wilson and Hughes plan stump tours. Campaign tours are seen as likely to spark excitement and public interest, with financiers hopeful that campaigns will not derail autumn financing and business activity.
MENTIONED IN THIS ARTICLE
Wilson
Mr. Hughes
New York
Financial
Charles E. Hughes
Pacific Coast
Maine
Huughes
President Wilson
Hughes
Wiliam H Taft
Gov Hughes
Youngstown
Ohio
Gov Wilson
Stephen A Douglas
Ost
North
Horace Greeley
Blaine
Lmrge
Nnmall
National Savings & Trust Company
15Th
N. Y. Ave. Fiftieth
Yfar
Local Stock Exchange Notes and Bond Listings
A dense excerpt lists Bid and Asked prices for Washington Railway and Electric, Potomac Electric, Capital Traction, and various gas and telephone issues. It includes rail and utility bonds, stock quotes for banks and insurance firms, and mining and miscellaneous stocks with numerous percent figures and par values.
Baltimore Markets Heading Up Across Wheat and Corn
Baltimore markets report strong finishes for wheat with No 2 red spot and July at 109 to 112 percent, corn at 57 percent, standard white at 47 to 45 cents, and various No 3 and No 4 white prices. Live poultry shows mixed quotes for hens, roosters, springers, and ducks with several weight bands. Butter and dairy prices vary with regional rolls and creamery products noted, reflecting broad market movement across commodities.
MENTIONED IN THIS ARTICLE
Baltimore
Butte Creamery
Aosbotte
Maryland
Ohio
West Virginia
Uyland
Pennsylvania
West
Southern
Treasury records show deficits and asset totals in 1976
Treasury data dated July 11 1976 reports net general fund balance about 231 million dollars with ordinary receipts near 2.92 billion and disbursements around 4.04 billion. The fiscal year deficit stands at about 7.94 million, compared with 9.06 million the prior year excluding Panama Canal and debt actions.
MENTIONED IN THIS ARTICLE
United States Treasury
General Fund
Treasury
United States
Federal Reserve
National Bank
Federal Reserve Banka
National Banke
Philippines
Live Stock Markets Report From Chicago and New York
Chicago hogs receipts 34 000 prices range from 935 to 1010 with heavies 935 to 1010. Cattle receipts 16 000 with native beef 710 to 1100 Western steers 910 to 925 stockers 540 to 840 cows 350 to 960 calves 50 to 1225. Sheep receipts 17 000 steady lambs weak to lower wethers 675 ewes 325 750 lambs 725 1080. New York beef receipts 1 190 steady steers 750 103n bulls 500 4800 cows 375 710 calves Veals 950 1225 culls 800 900 Sheep and lambs receipts 3 650 steady sheep 450 725 lambs 1000 1175.
MENTIONED IN THIS ARTICLE
Chicago
New York
Cottonseed Oil Market Quote Report NY July 12
In New York on July 12 the prime crude cottonseed oil market shows spot and futures levels. Prices listed include 1071 for July 1971, 1056 for August, 1947 October, 863 November, 870 December, 861 February, and 865 for January, with 1076 for prime winter yellow and summer white.
MENTIONED IN THIS ARTICLE
New York
New York Grain Spot Prices Rise for Wheat Corn and Oats
New York grain market reports firmer spot prices for wheat with No 1 durum at 120, No 2 hard 12344, No 1 northern Puluth 131, No 1 northern Manitoba 130 fob New York. Corn spot firm No 2 yellow 90% 21 ¼. Oats spot firmer standard 47.
MENTIONED IN THIS ARTICLE
New York
Manitoba
Standard
Copper Market Report From New York and London
The Metal Market notes copper prices steady in New York with electrolytic offers around 2500 to 2900 and quiet futures. London spot copper quoted at £93 with futures near £91 and £125 for electrolytic. Tin is listed at £169 10s spot and £170 futures, reflecting a calm market.
MENTIONED IN THIS ARTICLE
York
Ganna
Vayuy
London
Wall Street News and Gossip Sees Money Market Tension Rise
A July 18 cablegram from Taw signals ongoing anxiety in New York over the money market and potential measures to defend rates. Authorities warn that the city remains a key money center and note that reserves and finance must be watched as crops and trade shift. Willys-Overland declares a $2 million cash dividend with multiple stock payments, while the Lackawanna Steel reports quarterly profits at an annualized 38 percent rate, up from earlier quarters.
MENTIONED IN THIS ARTICLE
Nea
New York
Harire
Larne
New York Money Market Update July 12
Mercantile paper and time loan rates show demand rising. Sterling 60 day bills at 471⁄2 percent, cables 476 percent. France demand 491, cables 590, Marks demand 74, cables 744. Kronen 1275 cables 1285, Guilders 41716 cables 4194. Rubles demand 26, cables 31. Bar silver 1.1 percent, Mexican dollars 4 1⁄2 percent. Time loans strong, 60 and 90 days at 4 percent, call money strong or high at 4 percent, lower at 3 percent on laat loan.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
France
Philadelphia Markets July 12 Commodity Roundup
Philadelphia markets report firm or steady tones across several commodities. Butter eggs wheat oats and poultry show varied moves with prices and receipts noted. credit balances and shipments figures listed for the city as of July 12.
MENTIONED IN THIS ARTICLE
City
Local Washington Stock Exchange notes dull session
Yesterday's session at the Washington Stock Exchange was dull with few trades. Washington Railway and Electric 4s moved to 81 1 2 percent, Mergenthaler at 163 1 2, and Washington Gas at 78 1 2 percent. After call, latent demand emerged for several issues. blocks traded in Washington Railway and Electric 4s at 81 2 percent and Potomac Electric consolidated Bs at 191 2 percent. Forty shares of Capital Traction sold at 85 2 percent. Bid prices for street railways remained steady amid municipal ownership talks. Typesetting machine stocks and American Graphophone shares weakened, with no concessions. Washington Gas declares a regular quarterly dividend of 120 per share payable August 1 to stockholders of record July 15. transfer books will not be closed.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Washington Railway and Electric 4S
Mergenthaler
Washington Gas
Washington Railway
Potomac Electric Consolidated Bs
Capital Traction
Washington Gas Company
New York Produce Prices Quietly Mixed Across Commodities
New York on July 12 reports varied receipts and price ranges for butter eggs cheese poultry and flour with slight shifts from prior levels. Butter prices show 92 score creamery extras and 27 29% firsts. eggs list receipts 17 097 cases with categories from extra fine to browns. cheese steady with state flats and Wisconsin fancy twins noted. dressed poultry irregular with broilers and fowls, and pork lard prices in the Middle West at 12.60 3 60. Sugar prices unchanged.
MENTIONED IN THIS ARTICLE
Juneau
Chalmers
Kennecott
Lake E & W
Lehigh Valley
Lee Ro & Tire
Penrass Yar
Long Island
Hide & L
H &l
Cula & Nash
May Dept Store
Miami
Speaa
Mo Pacific Oy
Ar Steel
Mo Pacific Etfs
Te & Tel
En & S&s
Norf & Weat
Atohaon
North Pacific
Pacific Mail
Pac T & T
Br & Hia
Trople
G &C
Phila Co
Breklyn
Fresa
S Co of NJ
Tal Petroleum
Pacific Tay TS
Steel Sp
M & St
Sions
Vnal & South
South Pacific
Con Gang
South Ry
Studebaker
Tennessee
Texas
Creole Steel
Leonaba
Tn B &P
del & Hudaeon
Union Pacific
Lack & W
Union Pac Pt
den & Riog Pf
United Fruit
IP & F
Mia Securities
Sm & Het
Fen Chemical
MiBs
Steel
Mostora
Utah
Livois Tent
Ine Agricul Pt
Wh & L
Joe
Wisconsin
Aga'net
Ran Cen A
MCORN
Owen High
New York
Middle West
Dr Glueck Honored At University Club Dinner
A dinner last evening at the University Club honored Dr Bernard Glueck, recently appointed psychiatrist to lead the New York State prison system at Sing Sing. Speakers praised his past work and urged success in his new field. Attendees included numerous doctors and university officials from the Society of Nervous Mental Diseases and the Society of Medical Turisprudence.
MENTIONED IN THIS ARTICLE
University Club
Society of Nervous Mental Diseases
Society of Medical Turisprudence
Columbia
Bernard Gluesk
Government Hospital
Glueck
New York State
Sing Sing
Willam
St Elizabeths
Bastmaster
Feld
Endeavor
Dra Rober
Barton Hagner
Wilson
Messrs
Fenning Ayers
Shinn
Dra E J Kempf
W M Horton
Percy Hickling
Charles A Fander
John P H Murphy
Dof Murphy
F Pfeiffer
Louis Wonder
J Madigan
Thomas Dowing
Lewis H Taylor
William
P Reeves
Monie Sanger Prentiss Willson
George M_ Kober
William H
Hough
Shands
George Tully
Vaughan
Charles S White
E J Ayers
A Fenning
Henry EB Davis
Army and Navy News Report of Officers to Report for Duty
Retired Captain Frederick W. Bentefnt directs to report to the commanding officer in San Francisco for duty as assistant to the quartermaster Captain Lewis Goudila. Several officers of the ordnance department and other corps are ordered to proceed to their posts, with specific stations listed including Sandy Hook New Jersey and Eagle Pass Texas, and duties ranging from field artillery transfers to staff assignments at the judge advocate general’s office. Maryland National Guard officers are set to report for duty at First Infantry in Baltimore.
MENTIONED IN THIS ARTICLE
Frederick W Bentefnt
Freaidie
San Franisco
Cal
Lewis Goudila
Thomas M Si
Oury
Trent Sinr
Spalding Sevily Hook Proving Ground
Laeu
Arkenal Bent
Sandy Hook Proving Ground
Thalmens
Hall Cavalry
Mines la Natiogal Guard
George Y Strong
Aity
Artera Central Department
Judge Sdowate Generale
Josiah
Tob
Redesedt
Quartermaster Southern Department
Gonares Corps of Engineers
Chief of Engineers
United States Military
eBera Am
Cal Charles G Lefat Fell
Naval Orders Detachments and Transfers From 1916
A list of naval appointments detachments and transfers dated July 1916 includes Rear Admiral Wo oR CAPFRTON assigned temporarily to the Atlantic fleet, Rear Admiral C F POND detached to train, Wo MATITIN on staff, and EDGAR ORFRIIN detached to Washington for temporary duty. Officers MELDFR M TISDALF and others are noted with various ships and commands, including Arkansas and Delaware assignments, plus retirements and a note on Chaplain ATAM A MCALLISTER dying July 8 1916.
MENTIONED IN THIS ARTICLE
Wo Or Capfrton
Atlantic
Navy Department
CF Pond
Train
Cruteer
Wo Matitin
Miner
Forre Atlantic
Ailent Edgar Orfriin
Washington
Thornton Rethea
Meldfr
New London Ship and Engine Mullding Company
Washington Treuts
Gog
Tisdalf
Rebif AG Agrinson & Woohielingtiam Wow
Brownfil
L Johnston
Thfrat
Clarke
Tan
Arkansas
Nashville
HOT Onftson
Delaware
Amst
EQOTE
Tallabarree
Wildtams
Florida
New Fork
Atam A McAllister
Mare Ialand Cal
Marine Corps Orders and Ship Movements Information
Marine Corps orders assign Maj G Thorff and several officers to duty and instruction at Norfolk and Newport barracks. Ships and personnel depart from Newport, New York, Philadelphia, and Puerto Mexico to key ports including Norfolk, Guantanamo, and Veracruz. Various vessels and crews are listed with destinations such as Port Worth, Key West, and Salem while reporting craft sail to reinforce stations along the Atlantic and Caribbean.
MENTIONED IN THIS ARTICLE
Marine Corps
G ¢ Thorff
Marine Barracks
Washington
Thorsf
Jenkins
Gehend
Norfolk
Arethaea
Newport
Grund
Fagie
New York
Fort Portsmouth
Finsser
Puerto Mexico
Kentucky
Philadelphia
Neo Teree
Sowyeet
Padicah
Ralem
Tamplea
Vera
Dutch Harter
Daeaiantiah
Annapelia
Perapsh
New Laden
Ot Celtic
Gumotensune
Portas
Arived
Norfolk Celtics
Guantanans
Poert
Wexice
Key
Also Mentioned on This Page
U. S&s. Steel
U. S
Alcoho
Willys-Overland
Ifend
Pacific Rail
Strong
Baltimore Securities
Armour & Co
Atchison
Central of Georgia
Central Leather
Central Pacific
Chesapeake and Ohio
Chesapeake and Ohio Ev
Interborough Rapid Transit
Inter Marine
Kansas City Southern
Lackawanna
Republic Steel
St Louis
San Frances
St Louis Southwestern
Seaboard
Southern Pacific
Southern Railway
Tennessee Copper
Salt Texas Company
Texas and Pacific Vata
Averus
Eay Oy
U S Steel Sa
Virginia Carolina Chemical
National Bank of Balto
Ava & Elec Co
Sapulpa
Con Gas T
R &E
Washington Cattle Market
NEW York Stock Market
Curb Market
Jasnes
Chevrolet Motor
Gerro de Pasco
Cosmien
Maxim
Poole Fn & Mach
Laneous
du Pont
Havana
Acco
Pfe
Worit
Oubon
Esas
Boston
Holland
New Orleans
Galveston
Mobile AG
Savannah
Charleston
Wilmington
Norfolks
New Orleana
Houston
Memphis
Augusta
Cincinnati
Little Rock
Dallas
Montgomery
Local Stock Exchange
Washington Railway and Electric
Gretwa Gas
Wee Gratwa Gas
Columbia Gas & Elec
Columbia G. & Edeb
Capital Traction Co
Ana & Po Hiver R R
Ana & Po
Guards
S Ry
Metropolitan R
Ry & Elec
Elec
C & P Telephone
Tel & Tel
Am Tel & Telcon
Amer Graphoist
Mkt
W. Mkt Co
Wash
Steamboat
Rigen Realty
Riggs Realty
Brocics
Ry & Blec
Georgetown Gas
Aes Am
Tel & Tel Co
Mergenthaler Linotype
Lanaton Monotype
Greene-Cananea Copper
American
Capital
Farmers and Mechanics
Sac Federal
Lincoln
Ba Metropolitan
Trust Company
Amer-Security & Trust
National Savings & Trust
Non Union Trust Company
Wash Loan & Trust
Continental
Savings Bank
Home Savings Bank R Commerce and Savings
Washington Savings Security Law & Com
Arlington
National Union
Chapin-Sacks Co
D of C Paper Mfg. Co
Grapho
Am Grapho
Mer
Security Storage Co
Washington Market
Chicago Grain
Local Produce Market
Virginia
California
NEW York Grain
Miowspapreh
Wall Street
Willys ' Erland Company
FINAN
George W Whith
H P Tohrson
George O Walson
J Gales Moore
W National Bank
Savings Dept
National Metropolitan Bank
15Th St
U. S Treasury
Atork
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
DR. Glueck
New Post
Army and Navy News
ARMY
NAVAL
Potomac
Wash Hy
Wash Ry. & Bleid
Washington Utilities
Na Mt TA
VO Music
Lanaton
Realstate Bruet
American Paper
Ohlahoma
Oklahoma Oil
Washington Baseball
Miller
Tand Doteh Warket Co
Witt-Will Mover Co
Northwest Savings Bank
P&c St
H.R. Fix
Wash Ay & Elec
Washington Gan
Tansten
Munses
Oklahoma
Konda
Intercat
Thomas L. Hume
G Street
Tel. M
Sautinitancos
A. B. Leach & Co
Flather, Moorhead & Elmore
Union Savings Bank
Wade H. Cooper Pulside VT
11Th St
F St
W. B. Moses & Sons
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