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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Mar 13, 1915
Page
2
New York March 12 The securities market showed resistance with speculative favorites slipping on moderate offerings. Italian lire dropped about 5 points as a large loan to Italian interests loomed. bank clearings cooled and time money fell to new lows while overall stock sales totaled 23,100, with par value about 1,095,000.
Cotton futures fell in quiet trade with liquidation and spot selling pushing prices down. March closed around 8538, May near 905, July 905, September 946, and December 961, reflecting a mild net decline after a calm session in New York.
Formal notice of the termination of a 100000 dollar gold pool to stabilize exchange between New York and London. All subscribers were repaid with admin expenses totaling 16542 dollars. United States Steel schedules a board reduction from 24 to 18 next Tuesday to avoid interlocking directorates under Clayton law. California shows boost rail traffic. Atchison Northwestern Rock Island Union Pacific report heavy March April bookings and rail gains. Missouri Pacific faces capital readjustment. expect stock impact from future management cuts.
The New York Stock Market previews the trading week as investors eye early March activity. Analysts highlight potential shifts in rail and industrial shares, with attention on key listed firms and overall market sentiment ahead of opening hours.
New York dispatch reports a North West business mood pointing to slow large scale American investment until war ends. An expert tracks U S securities held abroad by France and Holland through small certificates, noting peasants rely on tiny bets and many may be unavailable for sale.
Urgent European demand for cash delivery and May options pushed Chicago wheat higher, aided by a government report showing reduced interior mill and elevator stocks. Corn and oats also firm. butter eggs cheese and other commodities fluctuate with receipts and market signals across New York trading floors.
Copper prices show electrolytic at 14.37 15 00 and casting at 14.20 14 62 in New York. London spot copper stands at £64 1s and futures at £65 5s. Market notes indicate iron Ivon steady and unchanged.
New York money market notes steady conditions for March 12. Mercantile paper at 3 percent. sterling exchange easy with 60 day bills around 4.7875 and 4.8065 cables. demand 4.8015. Bar silver at 5.114. Mexican dollars 38 percent. government and railroad bonds described as heavy or irregular respectively. Time spans show small changes with 60 days at 21 percent, 90 days at 2 percent, six months at 3 percent. Call money steady with high 2 and low 1 percent. Tuling rate listed at 2, West Joan at 2, reloging bid 1 and offered at 2.
Philadelphia markets report steady butter ranges from 28 29 cents. Eggs firm. Easter cheese from New York full cream quoted at 16 17. Wheat higher with No 2 red spot export 1.55 1.60 and No 1 Northern Duluth export 164 169. Corn firm No 2 spot export 76 is No 2 yellow local 79 80. Oats higher No 32 white 63% 64.
New York markets show firm spot rates for wheat and corn with futures steady. No. 2 red wheat around 1.66 percent, No. 2 hard at 1.67 percent. No. 1 Northern Duluth 1.55 percent, No. 1 Northern Manitoba 1.63 percent. May futures at 1.65. Corn No. 2 yellow 3 percent, oats steady with standard 64 and white 63.5, hay firm across grades. rye firmer at 1.26. Barley dull while hides leather and other grains noted.
Trading on the Washington Stock Exchange picked up with buying surpassing selling across stocks and bonds. Washington Railway and Electric remains in demand, Mergenthaler and Grapho phone activity described, dividends declared by District National Bank and Union Trust noted with record dates and transfer-book closures in April 1915.
Regular noon sales list from Washington Gas and Potomac Electric issues shows multiple 4s and 5s with prices ranging from 81 to 104 percent. Mergenthaler Linotype and American Grapho Boston securities appear with small lots around 1724 and 58 percent, respectively. GAS BONDS noted.
Local wholesale prices list live poultry including hens Roosters ducks and turkeys with per pound figures and dressing rates. Cheese eggs vegetables and fruits are priced by crate sack basket or box with regionally listed varieties and units.
Market report shows cattle and calf categories with price ranges for hogs and lambs. Various weights and quality grades listed, including veal calves, spring lambs, and small to large hogs. Prices appear in dollars per hundredweight, reflecting rounding and shorthand from the source.
Baltimore markets report March 3 shows Wheat mixed with No 2 red at 1.69 and 1.62 per bushel, Oats steady around 60 to 61, Butter varied from creamery fancy at 30 to 31 cents per pound, Eggs quoted Maryland Pennsylvania Western firsts at 18 to 18.5 cents per dozen, regional rolls and dairy prints listed with several price points for different grades and packaging.
Treasury financial data for March 1 1915 shows revenue receipts and ordinary disbursements for the day and month, with year to date totals and comparisons to prior periods. The document lists asset categories including standard silver dollars silver certificates United States notes Treasury notes of 1890 Federal reserve notes and totals for national banks and treasury holds in the Philippines.
Classified notices invite experienced hardware men and other investors with cash from 1000 to 1440 dollars to join new ventures in Virginia and nearby areas. Several ads promise fast earnings, weekly increases, or outright sale at liberal discounts. Also listed are a rooming house sale, a dyeing and cleaning business for sale, and general fund financial data with large cash assets and demoralized market entries.
Receipts and price ranges for cattle hogs and sheep listed. cattle native steers 5 75 to 8 peak. western 5 75 to 8. cows and heifers 2 40 to 7 68. calves 6 60 to 8 ? hogs 7 40 to 7 65. sheep and lambs firm with lambs 4 75 to 10 90, steer beef and veal prices noted.
Auction every Monday at 10 A M and private sales daily. Stock, carts, carriages, harnesses, saddles, bridles offered by Washington Horse and Mule Exchange and Willard Storage Office. Location details note Woodward & Lothrop area and 11th Street N W with autos affecting listings.
The District of Columbia probate notices announce letters of administration for Julie Alvord and others, with creditors listed and claims due by a set date. Proceedings occur in Washington area courts, with public announcements in The Washington Post and local papers, detailing estate details, deadlines, and required appearances.
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