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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Mar 25, 1916

Page

2

Securities market news notes firm copper prominence

Wire and ticker readings show copper stocks prominent as sessions opened with dull operations in securities trade. New York shares absorbed by heavier speculation, with Western Maryland assets revived by rumors of Rockefeller buying. Cr u cible and Lackawanna Steel weighed on the general list while U S Steel remained inactive.

New York Aharea Ralls NewLork Central Paic Maryland Rockefeller

New York Bond Market Snapshot With Diverse Issuers

March 24 report from New York shows bids and quotes across American Agricultural American Cotton American Tel Telco Armour & Co Interborough Transit Chesapeake & Ohio and many more. Active notes and bonds include Central Pacific Denver Rio Grande and Southern Railroad issues with varied prices and yields amid a broad market.

New York Amarican Agricultural American Tel & Telco Amerian Smelters Aigle Ceeeee Ee Armour &Oa Atebtaon Cy da wTlantic Coast Line Consol Falumore & Ohie Lily Raiimore Ohio Rechleneny Steel Boooklyn Uranait Antral Georgia Central Pacific Shesapeake & Ohio Hesapeake Burl & Quincy Chicago Chicage Great Western Mil & St Mil & St & Gwen Chicago & Northwest Olorado & Southern Tel Consolidated Ganco Cy Denver & Rio Grande Consol T&m Pistitlers Securities OTB Gris Gern General Electric Great Northern Ninos Central Vinola Steel Sly Interborough NPE Dignett & Myerass Loritlard Loulaville & Nashville Nn Missouri, Kansas & Texas Missouri Pacific Consol Montana Power New York Central & Imp New York Central New York City New York’ Railway NH &Hev Norfolk & Western Co Northern Pacific Oregon Short Line Facthc Tel & Tel Pennsylvania Consoria Reading Ae Republic St L. & San Francy St Louis Southwestern Seaboard Air Line Adj Southern Bel Te Rio Grande

Wall Street News and Gossip March 24 Update

Union Pacific earnings Feb show gross gain of 2.441 million and net 1.286 million. A 1 percent preferred stock dividend on American Shipbuilding is declared payable April 15 to March 31 holders. Feb unfilled tonnage rises, signaling a strong pace into March. Francs hit a new low but later recovered as US Steel activity spurs market interest.

New York Union [Peete Railroad Company Southern Pacific Union Pacific American Shipbuilding Company Moorhead & Elmore Weapens New York Stock Exchange Washington Stock Exchange 15Th St American Graphophone Co American Graphophone Company W Woodrop Mutual Life Insurance Company of New York Guarantees Thomas P. Morgan Southern

Holland Writes of Money Market Stability

P Morgan provides guarded information on the London situation with no impairment seen in American credits. The United States remains a willing market for South American securities amid cautious views on European money markets.

P. Morgan London U.S

Morgan's London Visit Leaves Few Facts Known

New York dispatch notes J P Morgan’s brief London stay yielded little concrete information. He answered questions with care but provided no decisive details on sales or strategy while commentators suggest his remarks hinted at underlying financial conditions and Allied financing leverage. The piece cites impressions that England may use American securities to back future loans, with Morgan deeming allies capable of handling securities without harming U S money markets.

New York London J. P. Morgan Morgen Adams Express Alaska Gol Kennecott Amer. Can Kelly Springs Car & Fay Lack Amer. H. & L Mackay Cos. Pf Maxwall M. Co Amer. Ice Sec Algo Linsed Amer. Loco Amer Miami Atlantic Am. Steel Feary Nat, Clonk & B Sugar Nev. C Alr Bralea Amer. T. & T Germany Amer. Tobacco Am. T. Pf Tal Bix Nort North Pacific Yee Meek Ontario Am. W. P. Pf Pacific Mall Tong England Atchison Pf Coal Baldwin P. & Cor Pal Batopilas Quicksilver Beth, Steel Brooklyn R. T Ry. Steel Sp Burns Bros Butte & Sup Ray Con Morgan Rep Pe. Steel Can. Pacific Rock Island Central Leather Rock Island Pt Chandler Motor St.l. & SF Audh Gt. Weat Shattuck A. C Chi. Gt. W. Pf South Pacific Tmgland England China Southern Ry Colo. F. & T Tex. & Pacific Col. & Sotat Texas Co Conad. Gas Third Ave Union Pacific Crucible Steel Union Pac. Pf Grocible St. Pf Dist S.clp. & F Erie U. S Gen Motors Sm.&r Goodrich, B. F U.s Sony G. 1 Pf Great North Sr Acuitiets Coon An Utah Sec. Corp Greene-Cananeal Iggiva Car. Chem Guggen Wabash Wabash Pf. A Snorwest. Mary Pf West United States Westinghouse Be & Good Inter Metis Mfg Secur Willys-O.pEf Atever Grearita M.M. Pf Holland

Washington Market Notes Show Mixed Stocks Demand

Local financial and business notes describe scattered odd lots on the Washington Stock Exchange with some market improvement. Washington Railway and Electric remain in good demand. common bids rise to 84 1 4 with 10 shares sold at 5. Washington Gas supports around 74 4 in limited trades. bond activity shows strong demand with specific issues trading at or near par and premiums. Dividends announced for several banks and companies, while Arlington Fire Insurance trustees call a stockholder meeting to decide on liquidation plans and potential reinsurance.

Washington Stock Exchange Washington Railway Washington Gas Eiven Fisher American Security and Trust District National Bank Potomac Electric Consolidated Georgetown Gas Washington Railway and Electric Arlington Fire Insurance Company Gojee Riggs National Bank Capital Traction Railway Hid Geotown Gas Ind Georgetown Gas Sa Weshington Gas Columbia Gas & Eloc Cal. Gas & Elec Capital Traction Co Anac. & Pot River Ry Ansc. & Pot Wash. Ry & Elec Elec Co. & P. Telephone Amer, Tel & Tel. Com Amer, Tel Tel. Com American Grapho Mit. Co Mkt Co Cold Star N & W. Steamboat Riggs Realty Stoges. Capital Traction Co Wash. Ry Elec. Com Wash. Ry. & Blec. Pfd Bay N & W Steamboat Amer. Tel Tel. Co Mergenthaler Linotype Lanston Monotype WY Greene-Cananea Copper National Bank Merican Pital Columbia Farmers and Mechanics Fort Movement Federal Lincoln Vee Mdig Metropolitan New Orleans Galveston Washington Mobile Trust Company Charleston Savannah Deak &S Wilmington Amer Security & Trust Norfolk National Saving Trust Baltimore Union Trust Company Boston Wash Goan & Trust Philadelphia Continental Pacer Home Savings Bank Commerce & Savings Neenon Ae East Washington New Security Sav. & Com Nee Moblie Savanneh New York Arlington Corcoran Houston Memphis Augusta National Union St. Louis Cincinnati Tattle Rock Saace Montgomery Chapin-Sacks Co D. of C. Faper Mfg Sales—Housto Memphia American Grapho. Com Little Rock Security Storage Co Washington Market

Ex dividend total sales lead with higher share turnover

Ex dividend activity shows total sales of 490,160 shares, up from 463,565 shares yesterday, indicating stronger trading interest and renewed investor activity.

New York Money Market Snapshot March 24 Market rates

New York Mercantile Paper at 3.3 percent. Sterling 60 day bills 4.72 percent and demand 4.76 percent. Francs demand 5.97 percent cables 6.98. Marks demand 7.1 percent cables 7.0625. Kronen demand 12 percent cables 13. Guilders demand 4.2 percent cables 4.2. Rubles demand 3.1 percent cables 3.2. Bar silver 60 percent. Mexican dollars 48 percent. Time loans steady 60 days 2 1/4 percent 90 days 2 3/4 percent six months 3 3/4 percent. Call money steady high 2, low 1 percent. Ruling rate 2 percent last loan 2 percent closing bid 1 percent offered at 1 percent.

New York Mercantile Paper

Baltimore Markets Oats Poultry Eggs and Butter Prices

Baltimore markets report current prices for oats, poultry, eggs and butter. Oats list standard white and No 3 No 4 grades with quality adjustments. Poultry covers various ages and cuts including old hens, roosters, young large birds, ducks and geese with per pound or pair figures. Eggs show Maryland and neighboring regions priced for firsts. Butter prices span creamery categories from fancy to dairy prints with regional rolls and process butter noted.

Maryland Virginia Pennsylvania West Virginia Ohio

Livestock Market Reports From New York And Chicago

Livestock receipts across markets show firm cattle and calf prices in New York with steers 7.25 to 9.50 and cows 7.30, calves 6.00 to 7.75. Chicago hogs at 9.00 to 10.10, and sheep and lambs around 6.00 to 11.75 with strong wool and high lamb prices reported. Cattle receipts in Chicago noted steady demand for native bear steers 7.75 to 10.05 and calves 8.00 to 10.50, while hogs posted a mixed range and weights. Sheep receipts were 6,000 with strong demand for wethers near a new high, lambs 9.75 to 11.70 and ewes around 6.35 to 6.85.

New York Chisago Faddy Wethers Lambs Hennery Middle West

Cotton market moves with mixed trails in New York session

Early declines gave way to recoveries as July contracts slipped from 12.10 to 11.95, then rose to 12.04 and closed at 12.08. May futures ranged 11.83 to 11.98, July 12.03, October around 12.29, with a net gain of 1 to 4 points.

New York

Philadelphia Markets Report March 24 Butter Cheese Wheat

Philadelphia markets show butter steady and cheese firm with mixed grain notes. Prices list corn down to 79 19% and oats lower. hogs and veal calves mixed, poultry prices quoted for live and dressed birds amid varied egg and dairy figures.

Philadelphia

Treasury reports fiscal deficit decline and asset totals

Treasury figures show a $56,223,185 deficit this fiscal year, down from $86,699,283 last year. Net general fund balance stands at $118,023,159.69 with total cash assets of $210,191,479.40, among other listed gold, silver, and note holdings. Chicago wheat futures rally after bull crop news with May and July contracts around $1.08.

United States Treasury Beneves Fund Ee Pe United States Federal Reserve National Bank Federal Reserve Banks Treasury Phillippines General Fund

New York Grain and Copper Market Briefs

New York on March 24 reports spot grain mixed with a steady copper market. Wheat prices show irregular spot levels for durum and hard grades with futures at May 1.16. Corn and oats are steady to easy, while copper futures and spot prices in London and copper electrolytic quotes edge higher.

Chicago New York Duluth Manitoba Metal Exchange London

Cottonseed Oil Market Prices and Dates

New York on March 24 reports prime crude at 960,987 with prime summer yellow spot 10506. Prices listed for March 1060, April 10.75, May 10.79, June 10.75, July August 10.81, September 1076, October 963, and prime winter yellow plus summer white at 1075.

New York

Army and Navy News Relieve Officers to Join Regiments

Several Fifth Cavalry officers are relieved from current posts to join the regiment at Fort Oglethorpe Ga. Others are assigned to boards, duties at Fort Sheridan, or detailed to Fort Sam Houston. Resignations and temporary leaves are noted, with transfers among infantry artillery and coast artillery, plus naval assignments and voyage movements.

Fifth Cavalry Nathaniel F McClure Lawrence J. Fleming William J. Glasgow Herbert E. Mann Thomas H. Cunningham Harry JD Chamberlin Harold Thompson Allen G Thurman Fort Oglethorpe Henry T. Ferguson Thirtieth Infantry Ninth Michael M. McNamee Cavalry William H. Patterson Twelfth Infantry Louis R. Dougherty Field Artillery Fort Sheridan United States Military Academy Wallace B. Scales Theodore B. Taylor Frank E. Davis Edward H. DE Armond Second Teld Artillery Quartermaster Corps Albert S. Fuger John ©. Walker Harold 8. Hetrick Corps of Engineers Fort Sam Houston Tex Southern Department Richard M. English Medical Reserve Corps George W. Connolly Coast Artilery Corps 160Th 131St Company Abraham G. Lott Etai

Vessel movements and ships name changes update

The Prometheus left Cristobal for New York on the 224 instant towing the Maumee. The Mackenzie is stricken from the Evy register. Battleship No 40 renamed California to New Mexico. Battleship No 44 assigned the name Californiia.

Prometheus Cristobal i New York Maumee Mackenzie Evy Register California New Mexico Californiia

Explosion Kills One, Injures Five At Hopewell Forge

March 24 Hopewell Va. A pipe from a Du Pont Powder plant forge exploded injuring five and killing one. The pipe had connected acid tanks where gun cotton was prepared and was being repaired when it detonated. Affected workers included white foremen W Stevens J Jett BE D Goins and several colored workers with serious injuries.

Forge Hopewell du Pont Powder Company W. Stevens J. Jett BE D Goins

Also Mentioned on This Page

Reading Shares T. S Crucible Lackawanna Steels American Zinc Butte Superior Patroleums Mercantile Marina Mexico United States Steel Steel Corporation Anaconda Wall Street Baltimore Securities Honaton OH CL IE United Rye and B Co Con Gas Man Curb Market Aetna Exp W. i Carro de Pasco Chevrolet Motors Cosden & Co Cuba Benefick Gymn Fhonog Magma Copper Maxim Mun.ae Midvale Steel Nipissing Oklahoma Ray Hercules Submarine Corps Triangle Film Ches & O.bs, W W.t Midvale St W. F Bia Atlas Powder Baltimore Tube du Pont Habana Tobacco P. Hercules Lake Torpedoboat Lehigh C N. J Cal St. Oil of Ind Bag St Kans Nebr St. On United Cigar Stores I United World Film Yukon Gold Anch Adventure Alaska Gold Allonex Maine East Butte Franklin Mining Greene-Cananes Ainine Lake Mining Mayflower Mohawk Mining Nevada Con Old Colony N.Y Deceme Ber United States Steel Corporation Europe NEW York Stock Market America the Security Storage Company American National Bank Norfolk and Washington Steamboat Company Commercial National Bank Local Stock Exchange Potomac Electrico Consolidated Washington Railway and Electric Common Washington Cattle Market Boga Oil-city NEW York Grain the Savings Dept. of George W. White C. H. BP. Johnson George C. Walson Gales Moore The National Metropolitan Bank U. Ss. Treasury District of Columbia Swany Rheem & Ensey Co Fifteenth Street N. W Local Produce Market New York State Elgin Florida Army and Navy News ARMY NAVAL J. G. Church Leonidas R. E. Byrd Hamilton Harlow Montana Dent Fay D-S Navy Yard B. M. Doyle D. C D. C. Copp H. Sacker South Carolina F. J. Pabduhn Fremethens Severn J R Bradshaw W. B. Thomas M. M Pega J McPherson P. Baker C. P. Baer Alfred Bledsoe A. C. Meer Bill Beale Glacier San Francisco San Pedro Héctor Lambert Point Monaghan Pensacola Key West Nevada New York Yard Potomac Chatotal Almirante Bay Wheeling Iron Carmen Merasryod Barrows Switchtown Bay Wash Rwy Capital Traction Ewy Aoh Washington Git Georgetown Washington Uthlefes Mergenthaler Linotype, Stow Faron Ital Traction Divih Washington Gan Mergenthaler Lanaton American Nate Bank National Savings and Trust Continental Trust Washington Baseball Club Thomas L. Hume G Street Coms National Savings & Trust Company Cor N. Y. Ave Ralph W. Lee 14Th St. N. W Sterling Fire Insurance Company Indianapolis Atocka Edw D. Evans Oscar L. Ross EM. McAdams New London Denver Brelboa Duncan Hampton Roads Jupiter Nevens Olongapo Pittsburgh Vulcan Norfolk Yard
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