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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Mar 01, 1916

Page

2

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

New York Hennery Philadelphia F. c

Also Mentioned on This Page

THE Washington Post Securiti Berlin Detline Americary Agricultural Armertrar Armour & Co Fle Vtehnan Wen Brooklyn Transit Central of Georgia Entral Leather Central Pacife Ista Chesapeake and Ohio Co Chicago & and Quincy Chicago F Quincy Western St P I and Pac Northwest Southern Consotiiated Gas Co Co Denver and Rio Grande Great Northern Great Northern Int 44 ‘4S 99 *19 TltInala Central Tiinais Stad Cleb Interborough Rapid Transit Interborough Int -Mer Marine Kangas Ity Southern Wackawanna Steel Skewett & Myers Os Lorillard Ba Louisville Arul Nashville Kang Texas Miasouri Amiasouri Pacifecon Montana Power A New York Central New York City New York Railways Adj NY Te Hartford Norfolk and Wastern cv .Tan Northern Facife Northern Pacific Tel Telba Pennsylvania Con Fwe Readink Republic Steel T Louis San For Louis Southwestern Seaboard Line Southern Bell Southern Vifle Cy Southern Eelificial Houtheen Railway Southern Railway Gen An Tennessee Copper Texas Company cv Third Avenue Rdis Union Pacific United States Rubber Virginia-Carolina Chemical Bas Wastern Union Weatinghouse Electric Co Bas NEW York Stock Market Holland Pacific Nevada Arizona Idaho Alaska Kan. C Alaska-Juneau Kennecott Allie-Chalmeras Lee Rub. & T Lehigh Valley Am. Ag. Chem Amer. Can Am. Car Lorillard, P Lorillard, P. Pf Louis, & Nam Mackay Coa Amer Maxwell M. Co Tomy Miami Minn.& Stl Kan & T Mo. Pac. Ctis Nat. Biscuit Enam W. P N. Y O & Wash T Nort. & West North Pierre de Peyster Batopilas M . Teis Northern Pac Ricketts Reth Steel Ontario Brooklyn Pacific Mail Columbia University Butte & Sup. Diu Pac. Tel. & Ta Penn. R. R BTM Phila. Co Pitts Chandler Motor St. Car Ry. Steel Sp Chi Gt. West Gt. W South Rep. L & Steel Africa Rock Island St. L Cole, F. & I St AL St.l.& SF Stll& S.F Consol Seaboard A. L Consol. Can A. L. Pf Sears-Roeb Southern Pac Crucible Steel Sou.p. R.sug.pt Crucible St. Pt Southern Ry Decrept South. Ry. P del. & Hud Studebaker Texas & Pacific Dist. Securities Texas Co Elec. Stor. Bat Erie Third Ave Onion Bag & P Gen. Chemical Union Pac. Pi Gen. Electric United Cigar Gen. Motors Pt United Fruit Goodrich, B. F United Ry. Inv Goodrich Granby Mining UN. Ry. Inv North, Pf S. S Gt. N S. Rubber Greene C. Cop Guggen U. S. Steel Ilinols U. S. Steal Utah Va.-Car. Chem Interboro Con Wabash Interb. Con Har N. J Har. NJ West M. M. Etfs UN. Tel Weatinghouse M. Pf Woolworth Int. Nickel Wh.& LE Kan City Willys-Ov Port Movement New Orleans Galveston Mobile Savannah Charleston Wilmington Norfolk Baltimor Boston Houston Augusta St. Louis Cincinnati Little Rock Dallas Montgomery Memphis Baltimore Securities Adventure Algomah Maine East Butte Franklin Konds Granby al Graene-Cananea Onaolidation Coal Pa Mayflower Ctfs Lmted Rys, & Elec. Co Mohawk Hands North Butte Ealt City Old Colony M Onnal Power Bow Ray Consolidated Consal Shannon Superior Mining Utah Consolidated Rya. & BL Tne Wolverine Ntity & Sub. (Wash Dpulpa Ref. Com Wetter Aoe Wyandotte Curb Market Atlas DuPont Hercules British-American Tobacco Magma Midvale Midwest Marconi American Mojave Nipissing S. O St. O W. P. Pips Stand. O Cal St. On St. Oil Ky St. Ol I St. Oil United Cigar Stores Victoria White Motor World Film Yukon Gola Great Lakes Far West Alaskan Men of Science Ing Capital Traction Local Stock Exchange Local Produce Market United States Treasury Wall Street Boston Dispatches Washington Cattle Market NEW York Grain Flather Moorhead & Elmore 15Th St Center Market Bank Removal Remov N.W N. W Ates Malcolm S. McConibe Ernest E. Herrell Michael J. Keane DIA Tucker K. Sands P. A. Crary Joseph J. Kavet Malcolm 8 McConil Join Zanier Gustav Buebhels J. Selwin Tait Fr. B. Denham Capt G. T. Scott W. F. Jones the Merchants Bank F St George W. White H. P. Johnson George C. Wallos J. Gales Moore the National Metropolitan Bank U. S. Treasury Washington Loan and Trust Company Corner Ninth and F Streets John Joy Edson Equitable Co-Operative Building Association Banltable Equitable Building Frank P. Rueside Paws Ford Miller Brothers Automobile and Supply House Pierce St Nel Wash American National Bank Continental Trust Wanh. Investment Co Northwest Savings Bank Oklahoma OH American Paper Miller Stark Gayety Theater Swartzell, Rheem & Hensey Co Fifteenth Street Sunday Post
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