Stock Market Dips Then Rebounds On Foreign Influence
U S stocks opened weak amid European liquidation with London quotations sinking and fears of a negative congressional report on United States Steel. A late rally erased most losses as trades in Amalgamated Copper and major rails recovered. money scarce in London. U S government bonds and gold movements noted.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
London
United States Steel
Pagis
Union Pacific
Uaoia Central
Amalgamated Copper
Weecnan Bank
United Anated
New York Stock Market Report and Quotations
New York stock market continues with call money steady and rates near unchanged. Closing quotations note mixed prices across various issues with government and railroad bonds steady and active demand seen for certain stocks.
Wall Street Gossip Predicts Bear Cover Seen Soon
New York July 17 The market is overbought yet holds without material weakness in standard issues. Bears in a weak position cannot exit without losses as shorts may be forced to cover if protecting interests decide to move. London news influences New York with consols hitting a new low, while the Erie railroad places large orders for locomotives and cars ahead of a planned October 1 traffic opening.
MENTIONED IN THIS ARTICLE
New York
Bears
Eastern
Erie
Baldwin Locomotive Works
American Locomotive Company
Pressed Steel Car Company
American Car and Foundry Company
Standard Steel Car Company
Wheat and Livestock Markets Report From New York and Chicago
WHEAT spot and futures mixed as frost fears in Canada sparked morning strength, then heavy selling on favorable crop news turned prices lower. July and September contracts closed narrowly lower, receipts steady. CORN spot easy with export demand, and DATE and BARLEY markets steady to dull. LIVESTOCK: Chicago cattle steady to lower, hogs mixed with initial gains fading, sheep and lambs steady. New York cattle and calves firm, stockers and feeders varied, with calves strong.
MENTIONED IN THIS ARTICLE
New York
Duluth
Canada
Northwest
B. Affont
Gevelpts
Chicago
Sera Lambs
Texas
Washington Stock Exchange pacing opens with higher volume
Local financial notes report renewed demand at the opening of the Washington Stock Exchange with increased trading in Washington Railway and Electric, Washington Gas, and Capital Traction. Several lots changed hands at quoted prices, plus minor dealings in Washington, Alexandria and Mount Vernon, Mergenthaler, Lanston, and Pastern Light and Fuel. A new National Bank Examiner, F A Cascaden of Omaha, was appointed to bolster federal scrutiny as bank failures rise. John Poole, cashier of the Commercial National Bank, returned from Atlantic City after a extended family visit.
MENTIONED IN THIS ARTICLE
Iem
Washington
Washington Railway
Washington Gas
Capital Traction
Washington ,Railway and Electric
Washington Gap
Alexandria
Mount Vernonia
Mergenthaler
Lanston
Pastern Light and Fuel
National Bank
F. A. Cascaden
Omaha
Nebr
Currenay Murray
Cascaden
Atlantic City
John Poole
The
Commercial National Bank
Washington Stock Exchange midday quote roundup
Sales regular call noon prices for Washington Railway and Electric common and preferred shares, Washington Gas, Mergenthaler Linotype, Lenston Monotype. After call: Washington, Alexander and Mount Vernon 6s, Capital Traction and gas bonds, with various bids and yields listed.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric Common
Washington Railway and Electric Preferred
Washington Gas
Mergenthaler Linotype
New York Produce Prices and Market Notes July 17
New York market report shows butter steady at 224 2? with 18,181 current receipts. eggs irregular with fresh gathered birds and poorer at 18 14. poultry dressed steady with Western broilers and fowls around 18 17. lard easy. cottonseed oil trading from 6.25 to 6.66. raw sugar firm at 4.05 for 96 test. potatoes firm across regions. citrus none listed.
MENTIONED IN THIS ARTICLE
New York
Muncovado
Molemsea
Rio
Santos
Cordova
Southern
Jersey
Long Island
Baltimore Markets Amid Mixed Grain and Produce Quotes
Baltimore markets report firm wheat and oats with dull corn. Butter prices by quality show creamery and store-packed blocks, with eggs from Maryland and Pennsylvania and regional dairy prints. poultry values list live spring chickens, ducks, pigeons, and fowl at varying weights and prices.
MENTIONED IN THIS ARTICLE
Maryland
Pennsylvania
West Virginia
Maryjana
Virginia
Pennsylvente
Quotations From Ol Oxy Pa July 7 Credit Balances
Fragmented data shows figures for credits runs shipments averages and a gale event. Mentions North and Indiana with unclear values and dates. The readable items indicate financial balances and shipments but the text is garbled and partial.
MENTIONED IN THIS ARTICLE
Ol Oxy
Obie
Gale
North Jme
Lot
Indiana
Advances in Bank Reserves Spark Debate on Reform
New York July 17 heavy payments to the government and large dividends pressed on banks in the early July week. The Clearing House shows a 24 million cash decline and a deficit over 5 million in weekly payments. Journal notes that reserves were stretched by a major New York bank linked to J P Morgan, prompting use of reserves to avoid stringency. It argues for elastic currency and better banking reform to prevent money power concentration and ensure liquidity. The piece cites historic actions by Gallatin and Chase presidents and reflects on bank examiner pay and Clearing House finances.
MENTIONED IN THIS ARTICLE
New York
Clearing Hours Association
Thig City
J. P. Morgan
Joana
Frederick D. Tappan
Gallatin National Genk
Clearing House Association
Mr. Tas
Bank of England
Lyman J. Gege
Chicago
United States
A. Barton Hepburn
Chase National Bank
National City Bank
Clearing House Association of New York
Clearing House
New York Clearing House Association
Holland
Philadelphia Markets Report July 17
Wheat quiet and lower on No 3 Western export. Corn unchanged. Butter and eggs steady with good demand. Cheese firm with fair to good demand for New York fall cream. Poultry alive and steady with fair demand. Potatoes unchanged.
MENTIONED IN THIS ARTICLE
Philadelphia
New York
Copper market quotes and export totals in July
The Metal Market reports copper trading mixed with slight gains in standard spot and forward months. July exports reach 14,300 tons while London copper remains steady at £76 6d, with prices shown for electrolytic and casting copper across several grades.
MENTIONED IN THIS ARTICLE
New York
London
Cleveland
Ais
Will Help Country's Trade Chamber Chooses Executive Officials
The newly formed Chamber of Commerce of the United States announced its executive officials led by John Joy Edson as treasurer. Eliot H. Goodwin was named secretary and will join August 1 after returning from California. D A Skinner was appointed assistant secretary and Grosvenor Dawe chief of the editorial division. The chamber was organized in Washington last April by over 700 commercial organizations on Secretary Nagel's suggestion.
MENTIONED IN THIS ARTICLE
Chamber of Commerce of the
United States
John Joy Edson
Edson
Eliot H. Goodwin
Goodwin
California
National Civil Service Reform League of New York
D. A. Skinner
Bureau of Manufactures
Department of Commerce and Labor
Grosvenor Dawe
Southern Commercial Congress
Ctief
Washington
Nagel
Secretary MacVeagh to Probe Express Rate Contract
Secretary of the Treasury MacVeagh will form a departmental commission to assess the reasonableness of the years long contract with United States Express Company for transporting coin currency and securities among Treasury subtreasuries mints and banks. The inquiry follows prior investigations by assistants and aims to decide if the rates are equitable or the contract should be terminated and bids invited. Recent reforms have halved money shipments by express, now costing about 200000 annually.
MENTIONED IN THIS ARTICLE
Secretary of the Treasury
MacVeagh
United States Express Company
Treasury
the Treasury
Express
Washington Produce Market wholesale quotations
The Washington Produce Market reports wholesale quotations for fruits and vegetables. Florida and North Carolina items show strong demand while home-grown produce is moderately active. Prices cover butter, cheese, eggs, poultry, vegetables, and green fruits with varied per-unit and per-crate rates across regional sources.
MENTIONED IN THIS ARTICLE
Florida
North Carolina
New York State
New
Trenh
Virginia
West Virginia
Southwest Virginia
Texad
New York
Georgia
Ed Ferrie
Berlin
Also Mentioned on This Page
New York Stock Exchange
New York Stock Market
United States Treasury
Baltimore Securities
W. B. Hibbs & So
York
Ashington Stock Archange
Boston
Chos Boston
Ine Bla
Tals
Sterting Sreeze
Shinny Consolidated
Bankers
e-Cananea
Ber Marinez
Miver
Stover Mie
Serth Lake
Blood Dominion
Calven Activa
Shannon
Calven
Deak Gepper Gace
Fes
Washington Cattle Market
Allis-Chalmers Ptd
Laclede Ges
Amal
Lehigh Valley
Louis
Nash
Mackay Co
Am. Can
Am. Co
Wed ‘Minn
St. Louis
Am. Cotton
Jaens Tajam H
L. Pfd
Kans
Tex
Ice Securities
Am. Locomotiv
National Biscuit
Am. 8S
Sea
Mational Lead
Am. S. and
N. Rys
M. P
Steel Foundrion
New York Central
Arm Tel
Tel
Norfolk and Western
Tobacco
ATL Tobacco
Lelton Na Woolen
Northern Pacific
Pacific Mall
Anaconda Mining Co
Pacific Tel
Atchison
Atchison Pfd
People's Gas
Atlantic Coast Line
St. L. Lot
Chalmera
Baltimore and
Ohio
Pittsburgh Coal
Zimerican Agricultural Seimerican Pel & Telcode
Bethlehem Steel
Pittsburgh Coal Pfd
Nturrig
Tomagco
Broooklyn R. T
Vira Toharce
Canadian Pacific
Vermone & Co
Pullman Palace
Vesunmgen
Veebisen Ey
Central of
N. J
Reading
Jane Chase
Chesapeake and Otio
Ea ‘Mo
Republic Steel
Borince & Ome de
Chicago and Alton
Bite
Rere
Seaboard Air Line
MIL and
J. P
Seaboard A. L
Veapedhe & Ohio
Bt. Louis
W.lestate & Obie Cong
Colo. Fuel and Iron
S. W. Pfd
Uygad Viton
Quincy Joint
Colo
Frama
Be & Quine
Ren
Consolidated Gas Taigie
Southern Pacific
Bree Mab & Se
Yoo Fgai & Pac B
Southern Railway
Delaware and Hudson
Rwg
Denver
R. G
Tennessee Copper
Willand
Deny
Texas and Pacific Tau la Southern
Distillera’ Securitiee
Tol
St. L
West
Sore & Hudson cv
Ateaa
W. Pfd
Ee & Fuo Granda Athe
Union Pasific
Union Pacific Ptd
Vitalsa
United States Realty
Rie Ten
Metal Electric
United States Rubber
Tou
Gs. Steel
Yverborough
Hnois Central
Uteah
Ter Mere Marine
Interborough-M
Va-Caro
Chempi
Japan
Interborough-Met
Va.Caro. Chem
EL Viva
Western Maryland
Central
Westinghouse
Western Union
Kansas City
Hibba
Cheta Bucifie
Eo Exchange
Chicago Board of Trade
Reuhoygen
Gan
Lani Southwestert
Sik Adams
Canis
Seaboard
American Steel
Seotrain
Anglo-Amer. OM
Southern Hocifle
Braden
Ohero Pacific BR
Abhi Braden
Southeen Railway
Southern Railway Gem
Amer
Simon Pacida
Een Chicago Subway
Lian Pacific Ev
Giroux
Greene-Cananea & Steel
Hollinger
Stalian
Kerr Lake
Mesticahouse Electric
L. W. Coal Sales Co
W. Isconsin
Enurad
W. Biscuit
Mason Val
I Ae
BRL
Manhattan Transit
Ah Marconi
Marconi
Nipissing
Standard
Atom
Aso
Yukon
Aes United Cigar Stores Co
U of Treamin
Baltimore
Nyner
National Bank of Baltimore
Houston Oil
Houston
South
Coim
Baltimore City
Treasury Offices N 272,746 31 Con. Gas 9% Ts Poate Ty National Banks
inPulippine Treasury
N. O
Jane Ouereat
Habliftles Anaret
Penn
United Rys
Elec
Bist AL United Rye
Elec. Inc
Nata
Iver Dollere
U. S
Wall Street
Stanley Committee
Oaid
Consola
Aince Capital
Ita
London Stock Exchange
Areenancial House
Chicago, Burington and
Quincy
Puget Sound
Gulf
Curb Market
Chicago Grain
NEW York Grain
Bugi
EK Osth Bros Des
Local Financial
Washington Stock Exchange
Ind
Georgetown
Teles
Col
Ear Mtg
Norfolk
Igus
Riggs Realty
United States Trust
OLS
Citizens Savings
Union Savings
East Weshington Sa
Arlington
National Union
Columbia
Col Paper Mfg. Co
Contrat
Anies
Tures
Ross
Sales
Oak
Qalveston
Teady
New Orleans
Augusta
Memphis
Hms
St. Louie
Little Rock
Continent
Great Britain
Inet
Prince
Fepan
Mexico
U. S. Chamber of Commerce
Washington Produce Market
F.R. Dorr
15Th St
W’. B., Hibbs & CO
Jren Stock Exchanges
Chteate Board of Trete
Ribles
Equitable Co-operative Building Association
John Joy Efsen
Ellia Spear
Perry B. Turpin
Frank P. Reeside
National Savings and Trust Company
Corner 15Th
Detroit Electric
Apperson Carl Emerson & Orme
140Th Street
Phese Mate Tess
B. Peary
Foure and
Stese
Te Big JR. Apent
14Th St. M
Imperial Motor CO
Piexen
Millek Brothers Auto and Supply Hous
6Th St
GM Winton
Belf
Winton Motor Car CO
Adiem
Warder Bldg
VA Ae Congressional Garage CO
Pa. Ave
S. E
Lutsrell CO
Dupont Circle
Elmore
Charles E. Myers
Agt
D &J. NW
Chalmers Peerless Zell Motor Car CO
Pheme Main
Gerhart
Warren
Cadillac
Batavia
Donghoe
Gasolline
N. M. EK. Gilmour
Hudson
Regal Storm Motor Car CO
14Th St. N. W
Blick Motor CO
Connecticut Ave
Cadillac Pierce-Arrow Baker
the Cook & Stordard
G. R. Cowie
St. N. W
Oakland
MT. Pollock
Ave
Signals
National Electrical Supply Co Co
N. Y. Ave
Phome M
A. W
Woods Electric Victoria
Imperial Motor Company
Cenave
Marwell
Ced
Byecks
Tourists
Tourist Auto Livery CO
14Th St. Aw
Aire
Title Guaranty Company
Rational Bank
Elijah E. Knott
District National Bank
G Street
North Crest
Washington, D.C
National Metropolitan Bank
U. S. Treasury
Omest National Bank
Dresta
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
Washington and Southern Bank
G St
Selwin Tait
Pres
Center
Mkt
S. H. P. Pell & CO
Hanover
Wall St
American Graphophone Company
Bratareg
Edward D. Easton
Commissioners
D. C
District Building
Cuno H Rudolph
John A. Johnston
William V. Judson
Bonera
D. J
Benen
Cuno
Rudolph
Arkham
D. EA
Tok Co