Stock Market Adds Momentum On Favorable Crop Report
New York trading closed mixed as markets paused awaiting home and foreign news. Rail shares showed mixed moves with Reading rising to 113 ahead of others while United States Steel eased. News of a favorable crop report and possible German submarine accord helped sentiment despite some declines in secondary issues and several industrials.
MENTIONED IN THIS ARTICLE
New York
Germany
United States Steel
Kennecott
Reading
Lehigh Valey
Canadian Pacific
New Haven
Rock Eeland
Kite
Superior
American Zinc
Ross
Boston closing prices oil city credit balances and runs
Credit balances stand at 2.50 with 85 404 runs and an average of 67 633. Shipments reach 31 691 and the average is 41 895. Data reflects Oil City Pa figures for March 8.
MENTIONED IN THIS ARTICLE
Oil City
New York Money Market Snapshot From March Market Report
New York money markets show March 8 data with mercantile paper at 3.8 percent and sterling 60 day bills at 4.71. Demand rates for currencies and time loans trend firmer with 60 day bills at 2.42 percent and six months at 3.8 percent. Call money remains firm with a 2 percent ruling rate and last loan at 2 percent.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Guilders
Live Stock Markets Across Cities Report Mixed Hog and Cattle Rates
Chicago and New York market brief shows hog receipts around 6,000 with prices from 7.60 to 9.60, cattle receipts 14,000 with steers to 9.85, calves to 11.25, sheep 15,000 with lambs up to 11.50. New York offers beef and calf prices steady, veals 9.00 to 13.00, sheep 5.50 to 8.00, lambs 9.50 to 11.75, hogs 6,600 with higher at 9.00 and pigs to 8.75.
MENTIONED IN THIS ARTICLE
Chicago
New York
Expos
New Orleans
Galveston
Mobile
Savannah
Charleston
Wilmington
Norfolk
Baltimore
Boston
Philadelphia
Charleaton
Houston
Memphis
Augusta
Lit
St. Louis
Cincinnati
Little Rock
Dallas
Montgomery
Sugar profits, freight, and stock dividends dominate Wall Street news
In New York on March 8Wall Street reports increasing export demand for refined sugar and competition among Exsliah refiners for Cuban Taw sugar. American Sugar Refining Company posts 1918 profits under two percent with a surplus drop to 16.33 million. Louisville and Nashville Railroad cites February revenue up 1.01 million. eight months show a 4.34 million rise. Hercules Powder declares a 2 percent regular dividend and a 5 percent extra on common stock payable March 25. Iron Age notes steel buyers cautious amid rapid price shifts, some paying famine prices previously, with expectations of higher prices ahead.
MENTIONED IN THIS ARTICLE
Pittsburgh
United States
Ohio
Honda
New York
Exsliah
Louisville and Nashville Railroad Company
Hercules Powder Company
Copper Markets and Europe Demand Highlight Postwar Outlook
Holland argues copper prices are high yet stocks sluggish as London loses market power to American producers. He cites Ryan of Anaconda and Brooker of American Brass, notes U.S. dominance due to West mining, smelting near mines, and rising postwar European demand for copper for war and electricity. Europeans, especially England France Belgium, will need copper after the war, supporting continued strong markets.
MENTIONED IN THIS ARTICLE
New York
John D. Ryan
Anaconda Mining Company
Ryan
London Metal Exchange
London
Charles F. Brooker
American Brass Company
United States
Brooker
England
Rocky Mountain
California
Alaska
West
Nines
Europe
Germany
France
Belgium
Phelps, Dodge & Co
James Douglas
Arizona
Standard Metal
A. Holland
Washington Cattle Market Hogs and Lamb Prices Mixed
Market reports show hogs at 344 9 dressed and small 10 percent and 11 percent levels while heavy hogs at 844 9 and medium classes at 1Q. Sheep are clipped at 68 percent with veal calves around 11 1144 and lambs at 9.
Local stock market stalls amid wait for dividend decision
Yesterday the local stock market showed no clear direction as few orders were executed. Washington Railway and Electric preferred traded at 80 percent, Washington Gas odd lots around 77 to 76 and a half, American National Bank stock down to 150. Lanston's Deferred Action held 69 bid, 70 asked. The Washington Stock Exchange committee submitted a draft constitution and by laws, including a new seat transfer tax shift to buyers and higher initiation fees, with a planned public change to 11 o'clock meeting hours.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric
Washington Gas
American National Bent
Lanston
New York
Washington Stock Exchange
Treasury Reserve
Geotown Gas
Ind. &S
Georgetown Gas Bs
Washington Gag Ba
Col Gas
Capital Traction Co. Ss
Anne. & Pot. River Ry
Sti Sale A
P River
Guar
City and Sub. Ry
R. R. Ss
Elec
el. Pow. Con. Mtg
C &P. Tel
Graphophone
Tel
Tel. Co
Am. Tel
W. M. Cold Storage
W Steamboat
Rigen Realty
Riggs Realty
Capital Traction_Co
Wash. Ry
Hilec. Com
Wash Ry & Hlec. Pfd
N. & W. Steamboat
Washington Gaa
Georgetown Gas
Neeee
Mergenthaler Linotype
Lanston Monotype
Sees
Greene-Cananea Copper
National Bank
American
Columbia
Federal
Lincoln
Washington
Trust Company
Am Security and Trust
Nat'l Savings and Trust
Eae Union Trust Company
Wash. Loan and Trust
Bayar Yat Continental
Savings Bank
Home Hareb
D. of C. Paper Mfg. Co
Washington Market
Local Stock Exchange Capitals and Railways Call List
Regular noon sales report shows Capital Traction Railway at 106 percent for two thousand dollars, Washington Railway and WBlectric preferred at 80 percent for forty dollars, Washington Gas at 76 percent, Mergenthaler Linotype at 164 percent for one share, American National Bank at 152 162 and 150 percent across ten eight and ten shares. After call Washington Railway and Electric Four Percent bond shown at 80 percent for one thousand dollars.
MENTIONED IN THIS ARTICLE
Capital Traction Railway
Washington Railway
Wblectric
Washington Gas
Mergenthaler Linotype
American National Bank
Washington Railway and Electric
Wash
Rwy
Elec
Potomac Con
Capital Traction
Elec. Com
Elec, Pfd
Georgetown Gas
Washington Utilities
Lanaton
Munsey Trust
Wash. Investment Co
Northwest Savings Bank
American Paper Con
Miller
Stark
Gayety Theater
McGhan
Chicago Grain Markets Fall on Broad Selling Pressure
Wheat futures slipped as government report awaited, with May around 1.10 and July about 1.08. corn and oats followed with declines, while provisions varied. Prices showed mixed action across futures contracts, reflecting a general downturn in the grain pit in Chicago.
The Metal Market Copper and Tin Prices Move
New York reports copper steady around 28.00 to 28.50 with nearby and future quoted. Iron remains firm and unchanged as metal exchanges show tin strength with spot around 49.00 and London listings for copper futures and tin futures in pounds and pence.
MENTIONED IN THIS ARTICLE
New York
London
Treasury Report Highlights 1916 General Fund Status
United States Treasury balance shows net general fund at 121,146,469.82 with total assets 214,474,754.25 and liabilities 93,328,284.42. Revenue receipts for the fiscal year to date reach 497,878,961.90, while ordinary disbursements total 447,174,085.26. Gold and silver holdings include 1,696,204,270.17 in secretaries and 658,118,009.47 in gold bullion.
MENTIONED IN THIS ARTICLE
Corre- Treasury
United States
Federal Reserve
Treasury
Philippines
Baltimore Markets Dairy and Grain Prices Report
Baltimore market notes dull grains with lower spot prices for wheat and corn. Prices listed for No 2 red wheat, March and April corn, oats and rye, plus extensive live poultry butter and egg pricing across Maryland Pennsylvania and Western regions.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Virginia
Pennsylvania
Ohio
West Virginia
Southern
Philadelphia Markets Butter and Wheat Report
Philadelphia market notes show butter steady, cheese unchanged. Wheat prices ease with No 2 red spot and March at 1.17 to 1.20, No 2 Southern red at 1.18, corn quiet and unchanged.
MENTIONED IN THIS ARTICLE
Philadelphia
Federal Board Reports Agriculture Crop Stocks and Shipments
The Department of Agriculture reports the 1915 harvest stock levels on March 1 for wheat, corn, oats and barley from nationwide correspondents. Wheat remains about 241.7 million bushels, with 23.9 percent on farms and 30 percent shipped. corn about 1,138.8 million bushels, 18.6 percent to be shipped and 71.3 percent merchantable. oats and barley also shown, with shares on farms and shipped proportions.
MENTIONED IN THIS ARTICLE
Department of Agriculture Monthly
Department
Vote for Demands on Road Referendum for Railroad Workers
Chicago March 8 announcement that 400,000 railroad employees on 528 lines will vote on eight hour day and overtime pay. Vote expected tomorrow or Friday with results likely in favor. Current wage pacts expire March 31 after months of balloting.
MENTIONED IN THIS ARTICLE
Chicago
New York Produce Prices and Market Notes March 8
New York markets list eggs receipts at 23 484 with varied grades and prices from 20 to 25 cents for nearby hennery whites and browns. Cheese prices show State whole milk flats and colored specials around 17 to 18 cents, whites at 17 to 18. Poultry demand remains uncertain with dressed fowls and turkeys priced up to 30 cents, while raw sugar and flour maintain near steady values and pork remains firm.
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New York State
Elgin
Tub
Virginia
Florida
California
Appies
New York
Brussels
Hennery
New York Cotton March 8 closes steady after fluctuations
The cotton market showed irregular moves with May slipping to 11.40 early, then rising to 11.88 before a drop to 11.61 and a final close at 11.66. The overall list finished with a small net gain. Futures: May 11.60 11.66, July 11.80 11.86, October 12.02 12.01, December 12.19 12.18, January 12.27 12.23.
MENTIONED IN THIS ARTICLE
New York
New York Grain Prices Slip on Spot and May Futures
New York grain markets show spot wheat soft with No. 2 hard at 1.26, No. 1 durum 1.30, Northern Duluth 1.34, Northern Manitoba 1.44½, and May futures at 1.18. Corn spot remains easy for No. 2 yellow around 0.82 to 0.88, while oats stay steady.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
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