Stocks Fall as Foreign Liquidation Leads Declines
Weak session in New York stocks featured heavy selling by foreign interests led by Canadian Pacific and United States Rubber. Reading and Copper slid 2 to 3 points while United States Steel held firm until late trading. iron and war shares weakened amid dividend uncertainty and resumed gold imports, with total U.S. bonds steady.
MENTIONED IN THIS ARTICLE
United States
New York
Canadian Pacific
United States Steel
Canada
Mas Exchange
London
Fem
Paris
Cali
New York Bond Market Summary June 24
New York June 24 bond listings show prices and yields for U S issues. Notable entries include American Cotton Oil 41 dm 27?%, American Tobacco 5s, Chesapeake & Ohio 4s, Chicago Great Western 4s, New York Central debentures, Pennsylvania cv 4% and 4% 1915, Union Pacific adj 4s, Southern Pacific 4s, and Western Union at 44. Obvious market activity reflects varied yields and debentures across rail, steel, and telegraph sectors with many securities trading around mid to high 60s, 70s, and 80s.
MENTIONED IN THIS ARTICLE
New York
American Agricultural Oa
Armour & Co T Ga
Atchison
Cere Atchison
Atlantic Coast Line
Baltimore & Onida
Haltimore & Ohio
Bethlehem Steel
Brooklyn Transit
Central of
Ieorgia
Central Leather
Chesapeake & Ohio
Chesapeake & Ohio cv
Burl & Quincy Joint
Burl & Quincy Gen
Chicago Great Western
Chi Rol & Pac Ry
Chicago & Northwestern
Colorado & Southern
Ebenver & Rio Grande
Distillers’ Securities
Ertecy
Missouri Facttic cv
New York Central
Ily
New York State
New York Railways
Adj
NH & UH
Norfolk & Western Gv
Northern Pacific
Northern Pacific Ae
Oregon Short Line
Pacific Tel & Tel
Rsee
Fennsylvania cv
Fenneylvania
Pennsylvania
Ray Consolidated
Republic Steel
St Louis & San Fran
St Louis Southwestern Con
Seaboard Air Line Adj Sa
Southern Be Tel. Ss. - Sewers
Southern Pacific
BIR
Southern Railways
Southern Railway
Terras Company
Texas & Pacific
Third Avenue
Union
Union Factite
United States Rubber
United States
Virginia-Carolina Chemical
Wabash
Wall Street Gossips on Dividends and Gold Flows
New York June 34 A cash dividend of 2 percent was declared on Union Pacific and Amalgamated Copper wavered while Bethlehem Steel fell 2 percent. Virginia Carolina Chemical stock also declined. Steel common traded lower after recent highs. Subtreasury gold imports reached 2 726 000 for J P Morgan. Total gold arrivals from Canada this year stand near 985 725 000. Easter notes Western railroads lack uniform traffic changes as Lehigh Valley May earnings exceed last year by 98 000 and Union Pacific May earnings fall by 363 000.
MENTIONED IN THIS ARTICLE
New York
Union Pacific
Amalgamated Copper
Virginia-Carolina Chemical
Bethlehem Steel
Ing
Wall Street
J. P. Morgan & Co
Canada
Easter
Lehigh Valley
Adams Expresa
Maxwell M. GC
Alaska Gold
Maxwell M
Allis-Chalmers
AlHs-Chal
Amal
Miami
Am. Ag. Chemaia
Minn
St. L
Am. Beet Sur
A. B.S
Fictfal
Amer. Can
Mo. Pacific
Car & F
Mont. Pow. Pf
tAm. Coal
Nat. C
Amer. H. & L.pf
Net
Ica Soc
Nat. Lead
Nev. Cc. Cap
Amer. Loco
Air B
Amer
Central
Am. Steel
N.Y
Amer. Sugar
Am. Sugar Pl
Nor. & Weat
Amer. T. & T
Pac
Amer, Tobreca
Am.t, Pt
Now
Pacific Mail
Amer, W. P. Pt
Penn. R
Peo. G. & Co
Atchison
Pettibone Mu
Baldwin
Pitta
Beth. Steel
Quicksliver
Brooklyn R. T
Ry. Steel 8
Butte & Sup
Ray Con
EATAG
Canada Pacific
Rep. I & S
Cent
Rock Island Pf
Rumeley Pa
Chi. Gt. West Nets
Rumeley Pi Vipaz
Ate
Chi. Gt. W. Pf
Colo. F. & Y
South
Pacific
Comstock Tun
Southern Ry
Contin. Can
Studebaker
Crucible Steel
Texas Co
Cuba Am
Cuba Am. Sug
Third Avenue
de. & Hudson
Tobacco Pt. Pt
LT. W. Pf
Dist. Securities
Union B. & P
Erie
Union Pac. Pf
Fed, M
United Cigar
Gen. Electric
United Ry. Inv
Gen. Motors
Gen. Motors Pf
Ind. Alco
Goodrich, B. F
U.S. A
Gt. North
U.S. Steel
0.S. Steel Pt
Guggen
Utah
Inois Central
Va.-Car. Chem
Inap
Inter. Met
Car. Ch
Met
Wabash Pf
Inter. Con
West
Mary
Int
Har
Weat. UN. el
Westinghouse
K. C. South
Lack, Steel
Willys-Ov
fEx
Chicago Grain Market Slides After Early Gains
Chicago futures retreat as foreign demand fades, with wheat closing down about a half to one percent and corn oats and provisions also lower. Cash grain quotes show No 2 red wheat around 1.20 and No 2 yellow corn about 75 cents, while futures list mixed opens and closes across wheat, lard, and ribs.
Holland writes of West Indies iron ore and Panama era plans
The piece notes Abram S Hewitt predicting Cuban iron ore deposits would spur a Chesapeake Bay manufacturing complex with water transport. It highlights Sir William Van Horne’s Cuba railway projects aiding exports, Cuban sugar growth, and a proposed Mobile shipyard plus La Follette shipping bill implications for U S shipbuilding and merchant marine.
MENTIONED IN THIS ARTICLE
Abram S. Hewitt
Cuba
Chesapeake Bay
Congress
William van Horne
Ran
Canada
Sir William
United States Steel Corporation
Cube
Abram 8. Hewitt
Baltimore Markets Update on Oats Butter and Eggs
Baltimore June 24 report notes gains and declines across commodities. Oats steady to weaker with old crop at 4 to 15 percent. futures show mixed movement. Butter prices hold firm in various grades while eggs show regional strength in Maryland and nearby markets. Credit balances and shipment figures reported for City, with daily ranges and averages indicating a steady yet cautious market outlook.
Government Bond Rates and Market Receipts Shifted
New York daily quotes show Mercantile paper at 24 1/4 percent with foreign currencies hovering around current levels. Government bonds remain steady as railroad bonds weaken, while time loans hold at 1 to 2 percent. Calves and sheep receipts steady, cattle and hogs show mixed values amid steady livestock bids in Chicago and heavy hog receipts.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Chicago
Metal Market Report from New York and London
New York copper dull and selective with bids at 20.25 to 20.50. Iron steady. Tin quoted steady around 40.75 to 41.76. London spot copper £80 17s and futures £82. Electrolytic £94 10s. Spot tin £168 5s to £169. Futures £166 10s. Antimony between £123 and £127.
MENTIONED IN THIS ARTICLE
New York
Metal Exchange
London
Market Notes and Banking Data From May 1
The Jocel stock market showed a firmer tone but trading remained light with few significant price gains. Notable activity included 25 shares of Washington Railway and Electric at 90 and Mergenthaler slipping to 180% on a small sale. gas bids for Washington Gas reached 72 to 73% with limited turnover. American Security and Trust traded at 270, while Gresne-Cananea Copper bids fell to 394% with no takers. Bonds showed stronger demand, with Washington Gates at 105, Capital Traction 3 at 106, and Washington Railway and Electric 48 from 81% to 52. Readings on national banks show loans and discounts at 4,643,887,551, deposits at 8,899,047,738, and total resources of 11,842,354,895 as of May 1, up from earlier periods. The Federal Reserve Board approved rediscount rates for ten-day loans and authorized a new branch for the Federal Reserve Bank of Atlanta in New Orleans to handle discounting and related operations.
MENTIONED IN THIS ARTICLE
Jocel
Capital Traction
Washington Railway and Electric Common
Washington Gas
American Security and Trust
Washington Gates
Washington Railway and Electric
Dogn of Business
Firet
Reserve Bank
Federal Reserve Board
Federal Reserve Bank of Atlanta
New Orleans
Louisiana
Misalselpp
Alabama
Atlanta
Georgetown Gas Ct
Georgetown Gas
Dee
Columbia Gas & Elec
Capital Traction Co
Anac, & Pet. Bs
Anac. & Pot. Guar
City & Suburban Ry
Metropolitan
Wash
el Wash., Alex. & Mt. V
Elec
Cc. & P. Telephone Bs. Am. Tel. and
Tel. Co
Wee Am. Tel
C. Paper
Columbia Gas & Wile
American Tel. & Tel. Co
Mergenthaler Linotype
Lanston Monotype
Greene-Cananesa
American
Weeses
Columbia
Isd
Tee
Aga
Farmers and Mechanics
Federal
Lincoln
Tee Metropolitan
Washington Sters
Wees
Trust Company
aTacks
Amer. Security and Trust
Natl, Savings and Trust
Ve Union Trust Co
Loan and Trust
Continental
Aserreeet
Home Savings Bank
Commerce and Savings
East Washington Savings
Corcoran - Firemen's Iman-American
National Union
Paner Mfg. Co
Amer
Washington B
Washington Gas and Rail Bonds Trade at Mixed Prices
Local stock exchange activity shows Washington Gas at 6 and various 4s bonds around 81 to 106. Traction and railroad issues like Capital Traction 6s trade near mid 90s to 105 with 1,000 and 500 lots. Utilities, mining, and banking stocks listed with mixed quotes across multiple issuers including Anacostia and Potomac lines, Columbia Gas, and Am. Tel. and Tel. Co. Prices reflect a broad spectrum of utility and railroad securities with several 100% and 101% readings.
New York Produce Prices Report June Dairy and Market Rates
New York reports firm butter and cheese quotes with elevated creamery values and steady egg receipts. Wool, flour, and sugar stay steady while rumour circulates of 100000 bags sold for July shipment at 4.95.
Washington cattle market summary signals active demand
Hogs, 1 8, sheep, clipped, 4% 665, veal calves, 9 9%, medium, 8, lambs, 9 9%, receipt of lambs, heavy, demand steady, receipt of receiveright, demand active.
United States Treasury balances and receipts June 28 1915
The United States Treasury closes with a net balance in the general fund of 30,190,250. Total receipts amount to 3,851,133 and total payments to 2,198,274, yielding a deficit of 87,725,206 for the year before Panama Canal and public debt transactions. The report lists revenue receipts for the day and month, ordinary and excess receipts, disbursements, and various Treasury assets including gold, silver, notes, and bank holdings. Total cash assets in the general fund and trust funds total 2,082,469,205.09. Bank notes redeemed reach 4,959,707.10 for the day.
MENTIONED IN THIS ARTICLE
United States ‘Treasury
General Fund
Treasury
United States
Federal Reserve
National Bank
Ahvseene Gold
Ailger
Sendass
New York Grain Prices and Wheat Trends
New York grain report shows spot wheat firm with No 3 red at 1.26 and No 3 hard at 1.29. Export bids include No 1 Northern Duluth and Manitoba at 1.20 in cents per bushel, futures steady. Corn spot easy at 85 for No 2 yellow with prompt shipment. oats spot easy with Standard 54 and No 8 white 53 to 56. Rye firm No 2 Western at 1.36 cents, export. barley quiet.
MENTIONED IN THIS ARTICLE
New York
Northern
Duluth
Manitoba
Buffalo
Philadelphia Market Report for June 24
Wheat values steady for winter, higher for spring with No 1 Northern Duluth at 1.36 139. Oats steady. Poultry alive and dressed steady. Spring ducks fresh killed at 15 17. Flour nominal with winter straight 5.50 5.75, spring straight 6.80 5.90, patent 6.20 6.85.
MENTIONED IN THIS ARTICLE
New York
Hennery
Middle West
Philadelphia
Duluth
Cottonseed Oil Market Prices Reported in New York
In New York on June 24 prime crude trades around 5.20 nominal. Prime summer yellow spot at 6.90 with June at 5.92 July at 8.00 August 6.21 September 6.39 October 6.41 November 6.33 December 6.41 January 6.41 prime winter yellow 6.10 prime summer white 6.05.
MENTIONED IN THIS ARTICLE
New York
Proposals for Alterations to National Training School Barn
Sealed proposals will be received for alterations and addition to the barn and storehouse at National Training School for Girls. Bidders may obtain specifications from the municipal architecture offices. Proposals considered in the trustees' interest require a bond and surety, with acceptance by the president within two days.
MENTIONED IN THIS ARTICLE
National Treio
Architettere
National
Rata ‘Seboat Et ‘Lr
Sis
Mild Board of Trustees
of the Brown
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Boston
Wreebe Eee
Eeek Alouez Mining
Maine
Et Butte
Franklin Wwinthewee
Greene-Cananea Mining
Lake Mining
Mason Valley Mining
Miami Mining
Mohawk Mining
North Gutte Mining
North Lake Mining
Shannon Mining
Superior Mining
United Shoe
U. Aia
Ld Litah Copper
Wolverine Mining
O Steers
Baltimore Securities
Baltimore
United Hys and
EB Co
Con Gas
Baltimore City
U. RH and
E Co
NEW York Stock Market
Chicago Grain
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Mag
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John H. Fahey
Chamber of Commerce of the
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G. W. P. Pipe L. Seatenres
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Ind
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Nebr
Tri-Builion United Cigar Stores
United Profit
World Filmes
Pavers
Yukon Gold
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Ashton G. Clapham
Arthur Lee
James A. Cahill
Tucker K. Sands
Frank E. Ghiselli
Herbert V. Hunt
The
Commercial National Bank
Bank OF Personal Service Corner
Sts
San Francisco
Governati of Reserve Banks
Local Stock Exchange
Ke Eerinett Security and Trust
Capital Traction Railway
GAB
Rio No
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City OF New York
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Ptroller
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G D Milne
Merchants’ Transfer & Storage Co
E Street N. W
Columbia Transfer and Storage Co
Columbis Transfer and Storage Co
New York Ave
Yao
Aptstr
Baldwin’s Express Auto Service
SOG
Taste Mater
Littlefield
Alverd & G Co
Ava Phona W
Smith's Transfer &Storage CO
Hrieg’s Express
H Street NW
Commissioners
District of Columbia
Washington
Superintendent of Weights, Measures
Marieta
District of
Columius
Bureau of Standards
Department of Commerce
Oliver P. Newman
Louis Brownlow
Pearleend Katz
Tel Jatriet
Florida Avenue
Fifteenth Street
Potomac Avenue
Eleventh Street
O Street
Ninth Street
M Street
James Creek
P Street
Water Street
Thirty-sixth Street
Thirty-seventh Street
Thirty-fifth Street
Thirty- Fifth
R Street
Twenty-elghth Street
Pr. Newman
Louis Seownlow
Charles W. Euaz
D. 6
Washington Loan & Trust Company Cor. Ltd
F Sts
John Joy Edson
Thomas L. Hume
Swartzell, Rheem & Hensey Co
Fifteenth Street N. W
Commissioners OF the
Vermont Avenue
I Street
HE Street
Pennsylsania Avenue
7Th
15Th Streets
Penpeylvania Avenue
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F Street
14Th
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New York Avenue
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H Street
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Bourg
Qeiver
Newman
Lou
Brownlow
Charles W. Kutz
Commissionera