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This newspaper page contains 18 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jul 20, 1916
Page
11
U S Steel led a broad market advance as traders priced in anticipated war orders and improving steel exports. Stocks showed gains across industries with munitions names like Bethlehem and Crucible contributing, while sentiment benefited from the French loan success and easing money conditions.
The August maturities of leading rail head and collateral for Vogt show totals of $82,457,000 with a large portion maturing into industrial corporations. The report notes $9,942,202 remaining for industrial corporations to validate and highlights a $32,057,000 segment tied to the Minnesota Transfer Company bond issue.
Local financial and business notes report a subdued trading day with light offerings, no strong selling pressure, and cautious broker activity. Laverton Monotype eased to 82 ½ bid 83 asked, American Graphophone shares edged higher with small sales, and only limited transactions in Capital Traction and American Graphophone. Extreme heat delayed vacation lot activity and contributed to market dullness in line with past years.
Local stock exchange call noon quotes list Capital Traction and Lanston Monotype numbers. Poultry eggs cheese butter vegetables fruits fruit prices appear with varied per unit and per crate figures from Virginia and California markets.
United States Treasury reports end of day finances noting a year to date deficit of 18,064,219 dollars, against 11,268 the prior year, and detailing general fund balances and receipts. It lists assets including available gold, silver, and various currency holdings and notes the July 18, 1976 transaction totals.
Philadelphia markets report quiet but steady prices across eggs cheese and wheat with oats and corn showing little change. The brief note mentions specific grade references and a few unclear trader remarks from local trading floor chatter.
Postmaster General Burleson urged penny postage as prosperity grows and praised Wilson as the greatest president since Washington. He pressed economy without sacrificing efficiency and backed government ownership of postal equipment, noting railways and parcel post reforms, with support from several postmasters across the country.
A dense stock and bond market snapshot showing quotes for American Tel and Tel, American Smelters, American Tobacco, Anglo-French, Armour, Atchison, Atlantic Coast Line, Baltimore and Ohio, Bethlehem Steel, Brooklyn, Central of Georgia, Chesapeake and Ohio, Chicago lines, Denver and Rio Grande, Distillers Securities, Erie, General Electric, Great Northern, Illinois Central, Interborough Rapid Transit, Interstate, Lackawanna Steel, Lake Shore, Louisville and Nashville, Missouri Pacific, Montana Power, New York Central, Norfolk and Western, Northern Pacific, Oregon Short Line, Pacific Tel and Tel, Pennsylvania, Reading, Republic Steel, St. Louis and San Francisco, Southern Railway, Texas Company, Union Pacific, Westinghouse Electric, and more, including series, debentures, and conversion prices. The list notes rates, cv values, and issue years, reflecting a broad cross-section of corporate and railway bonds across the market.
The Metal Market from New York dated July 14 notes copper futures with mixed to steady tones. Unwetted electrolytic copper moved within narrow bounds, while spot prices showed little change amid steady demand and cautioned trading levels.
The New York stock market recorded total sales of 440,738 shares, up from 340,369 shares the previous day, reflecting trading activity levels across major listings.
Holland reports Frank A. Vanderlip asserts the United States will post a sizable trade balance for the fiscal year ending June 20, about 2.296 billion, closely matching Washington figures. The piece notes surging exports in steel, explosives, and raw cotton, plus warnings on postwar dumping and imports needing raw materials.
New York money market notes show mercantile paper around 4% with 40 day bills at 471 leading demand at 473, France demand 59 cables, market demand 784, and gold or silver prices referenced. The fragmentary telegraphic market report notes multiple rates and securities with partial figures embedded.
New York market notes steady and unsettled prices across dairy and poultry sectors. Creamery extras and firsts show mixed bids, with receipts near 14 thousand and 21 thousand in different categories. Poultry prices hold steady for broilers and fowls, while pork, lard, and refined goods move mildly.
New York July 13 prime crude cottonseed oil listed at £20 nominal. Prime rate on GaN recorded in July at 85. Mentions various codes and dates, including 872 Deer and references to January February terms and seasonal color notes.
Chicago July 13 wheat declined with influence from Liverpool prices and peace hints. September near 1.125, December around 1.151, corn mixed with small gains, oats down, provisions varying. Cash grains quoted with No 2 red and other grades listed in figure ranges.
New York grain note records spot prices for wheat with No 1 durum at 121 percent No 2 hard at 122 percent No 1 northern Duluth at 131 cents per bushel and No 2 yellow at 91 cents Oats spot price listed as standard at 474 cents per bushel with easy phrasing and regional references to Manitoba and Duluth
Livestock prices and receipts across Washington Chicago New York and city markets for hogs cattle sheep and calves. Listings show varied ranges in bid prices with receipts numbering in the thousands and mixed to steady value trends across regions.
New York July 19 markets show little gain as weekly weather and storm news fail to buoy cotton prices. October to January futures posted modest early gains, then ended near day’s low, with declines of 3 to 4 points from earlier highs. Baltimore markets list wheat and live poultry prices, standard white and No. 2 white corn, butter varieties, eggs, and dairy products with current regional quotations.
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