Toward Market Recovery as Bond Gains Fade in WaPo Dated Trade Note
Reading issues again the outstanding feature with Reading stock rising two points, while United States Steel and rails receded from early peaks. Anglo-French bonds showed morning strength then pared gains. Russia loan nearing completion. Lackawanna and Chesapeake and Ohio report income gains. total sales reach 2.825 million.
MENTIONED IN THIS ARTICLE
Atecka
Raila
United States Steel
Lackawanna
Chesapeake and Ohio
Ita
Bouda
United States
Potash Shortage Drives U S Search for Native Sources
Holland notes potash shortages after Germany supply cuts raise chemical prices. Scientists identify five U S sources, four of which lie in the Pacific slope and Rocky Mountain regions, including kelp, lava, alunite, and ancient lake beds, with one eastern deposit offering potential. The note hints at advancing efforts to exploit domestic potash for gold mining needs.
MENTIONED IN THIS ARTICLE
Germany
America
United States
Pacific Slope
Rocky Mountain
New York Money Market Rates and Currencies
Mercantile Paper 3.3 percent. Sterling 60 day bills 4.71 percent. Demand 4.76, cables 4.77. Franca demand 5.37, cables 5.87. Marks demand 73 percent, cables 73.34. Kronen demand 13 percent, cables 13.43. Guilders demand 424 percent, cables 4.2. Rubles demand 32, cables 2.2. Bar silver 56.54, Mexican dollars 4.344. Time loans firm 60 days 2.4 percent, 2 percent. Call money steady high 2, low 1, ruling rate 1, last loan 2, closing bid 1, offered at 2.
MENTIONED IN THIS ARTICLE
New York
Mercantile
Cotton Market Bounces Between Irregularities in New York
The cotton market shows continued irregularity but steadier undertone in New York trading. May contracts rise to 11.47 during session, settle near 11.43, with the general list closing 7 to 12 points higher. July 11.57 to 11.64, October 11.77 to 11.83, December around 11.97.
MENTIONED IN THIS ARTICLE
New York
New York Produce Markets Report and Potash Speculation
New York prices show butter eggs cheese sugar flour and meat markets with firm tones and varied receipts. The piece then shifts to science notes on potash extraction from feldspar and kelp, discussing Utah alunite deposits, Lake Bottom sediments, lava beds, and potential American independence in potash supply.
Narrow stock market with subdued demand yesterday
Local notes report a very narrow stock market with indifferent demand and a small Lanston boom that fell back. Mergenthaler saw minor activity, Washington Gas and Capital Traction trades mixed, while Washington Gas bonds and other issues traded at modest levels. Arlington Fire Insurance directors reelected, Merchants Bank closes Center Market branch to focus on 1414 F Street operations.
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Lanston
Mergenthaler
Washington Gas
Arlington Fire Insurance Company
William King
Charles R. Hdmonston
earl.Hidwards
William D. Eliott
Merchants Bank
Center Market
F Street
Capital Traction Railroad
American Graphophone
U. Mergenthaler Linotype
Lanston Monotype
Washington Gas Bs
Geotown Gas Cert
Ind
Georgetown Gas
Col. Gas
Elec
Col. Gas and
Hlec
Capital Traction Co
P. River R. R
N. A
P. River
Guar
Sub. Ry
Metropolitan R. R
Wash. Ry
Blec
Pot. E. Power Con
Mtg
Elec. Power 1St
P. Telephone
M. Coll Storage
Riggs Realty
American
Capital
Columbia
Commerce
District
Farmers and Mechanics
Federal
Wese
Lincoln Metropoli
Second
Washington
Trust Company
Os Am, Security and Trust
Nat'l Savings and Trust
Union Trust Company
Wash. Loan and Trust
Continental
Savings
Home
Commerce and Saving
East Wash, Savings
Arlington
Corcoran
Firemen's
German-American National Union
Sroc S. Chanin-Sacks
D. of C
Washington Market
Elec, Pfd
Elec. Com
Lonaton
Franklin National Bank
National Savings and Trust
W. Steamboat
Washington Baseball Club
Graphophone Ptd
Thomas L. Hume
G Street
Room
Treasury report shows deficits and asset totals in 1916 balance sheet
United States Treasury reports indicate a general fund deficit of 62 million for the fiscal year with February receipts near 2.94 million. It lists assets including gold and silver holdings, Treasury notes, and bank reserves, totaling over 206 million in cash and 116 million in general fund liabilities after subtracting obligations.
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United States
Treasury
General Fund
Federal Reserve
National Bank
Federal Reserve Banks
Philippines
Treas- Atv Ae
Wall Street News And Gossip Highlights January Rail Profits
Philadelphia and Reading Railway January receipts $5,061,071 up $1,505,612 from last year. Operating profit $1,972,782 up $1,054,504. Chesapeake and Ohio reports gross $941,213 higher and net $859,267 above last year, with surplus suggesting possible early dividend resumption. Calumet and Arizona Mining declares quarterly dividend $2 a share, up 75 cents, Calumet and Heckla Mining pays $15 March 23. Corporate financing totals about $216,000,000 for the month, above $200 million for third straight month, with one-fourth for refunding.
MENTIONED IN THIS ARTICLE
New York
Philadelphia and Reading Railway Company
Chesapeake and Ohio
Calumet and Arizona Mining Company
Calumet and Heckla Mining Company
The Metal Market Copper and Tin Steady Amid Global Quotes
New York reports copper steady near 28.50 for near term with 27.00 to 27.50 for June and beyond. Iron unchanged. London quotes spot copper at £10 10s 38d, futures £103 108, electrolytic £136 spot tin £188, with other tin futures noted. Oil City reports credit balances at 2.40 with runs 113,837.5 and averages around 79,466.7 and shipments 41,552 and average 45,876.
MENTIONED IN THIS ARTICLE
New York
London
Oil City
Washington cattle market hogs and calves pricing update
Hogs steady to lower across sizes with dressed weights around 8 to 10 percent. medium hogs near 9 to 10 percent. Sheep clip results show modest declines. veal calves mid teens to around 11 percent. Lambs around 9 percent describe the market snapshot with weight ranges.
New York Grain Prices and Futures Report
New York grain markets show firm spot prices for wheat and corn on February 23. No. 1 durum, 1.314% and No. 2 hard 1.234% f o b New York, with No. 1 Northern Duluth at 1.33% and No. 1 Northern Manitoba at 1.41%. May wheat futures at 1.20%. Corn spot No. 2 yellow quoted 0.844 to 0.844. Oats spot steady.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
C. F
Baltimore Markets Prices on Wheat Corn and Live Poultry
Baltimore market report lists spot and contract prices for wheat corn oats and live poultry along with butter and eggs. Notable values include wheat No 2 red at 1 16 spot and 1 16 March, corn firm at 77% for several contracts, live poultry prices across chicken hens roosters ducks and pigeons with varied weights and pounds, butter ranges from 36 to 42 cents, eggs at 21 cents Maryland and nearby states noted.
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Baltimore
Maryland
Virginia
Pennsylvania
Ohio
West Virginia
Livestock Market Prices From New York and Chicago
New York receipts for cattle and calves show steady trade with veals around 8.60 to 12.75 and barnyard calves at 5.50. Hogs move firm to strong with 8.89 to 9.20 in typical trades. Chicago reports mixed hog receipts near 22,000 with prices from 7.10 to 8.90, and cattle receipts at 5.70 to 11.00 for calves, steers, cows, and heifers. Sheep and lambs in Chicago weak, with lambs 9.25 to 11.50 and wethers 7.90 to 8.65.
MENTIONED IN THIS ARTICLE
New York State
Elgin
Tub
Virginia
Florida
California
New York
Brussels
Chicago
Philadelphia Markets Reported Prices February 29
Philadelphia market notes show Butter steady at 36 percent in Western creamery extra. Eggs higher with nearby firsts at 7.95, Western extra firsts at 7.95, firsts 7.80. Cheese unchanged. Wheat higher with No. 2 red spot and March 1.19 to 1.21, No. 2 Southern red 1.17 to 1.20. Corn and oats unchanged.
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New York
Hennery
Philadelphia
F. c
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