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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

May 11, 1916

Page

2

Market News Briefs Mixed It Amid Irregular Monday Trades

Wire and ticker notes show fluctuating activity in securities with coal stocks selling and munition concerns pressuring shares. Sugar stocks stood out as consistently strong while major rails and industrials faced uneven moves as traders weighed possible federal action and shipping issues.

Baltimore Markets Daily Cotton and Grain Report May 10

The Baltimore market briefing lists New York Mercantile and currency quotes, cotton and grain prices, and regional sales. It covers spot and forward rates, exchange, and interior movement for cities including New Orleans, Galveston, Mobile, Savannah, Norfolk, and Baltimore with notable figures for wheat, corn, oats, poultry, butter, and eggs. It notes call money and time loans, with totals for today and the week.

New York Mercantile Paper Repta Bles Bar Ailver New Orleans Sdollars Galveston Mobile Savannan Chasieaton Lemington Baltimore Boston Philadelphia Savannah Norfolk Little Rock Dallas Montgomery Houston Memphis Augusta St. Louis

Unfilled US Steel orders hit new monthly high

United States Steel reports April 30 unfilled orders at 9,829,551 tons, up 498,550 from March and more than doubling from a year earlier. Plants run at full capacity as orders surge. The Standard Oil Company of Kansas declares a $3 per share quarterly dividend. Imperial Bank of Germany weekly data show shifts in gold reserves and deposits, with war loan payments at 81.3 percent of total subscription.

New York United States Steel Corporation Imperial Bank of Germany

Gold trade reform eyed by South American talks in 1916

Secretary McAdoo visits South America as Warburg and Kalina push for gold trust funds to replace transfers. The plan aims to simplify balance settlements, avoid actual gold moves, and spur treaty ratification across the American hemisphere. New York exports reach a record $79 million in a single week as US trade soars.

McAdoo South America New York England United States London Ottawa Paul Warburg Gov Kaina Federal Reserve Bank San Francisco Warburg Gov. Kalina Gov. Rains Federal Reserve Board Pacific Atlantic Ministers of Finance Washington

Local securities drift with inactive broker floor and firm bids

Local financial notes show a listless securities market with low broker attendance and little selling pressure. Traction stocks led activity with Capital Traction and Washington Railway and Electric, while Graphophone prices fell. Cananea Copper posted April outputs and Anacostia Bank directors were elected with Adolphus Gude as president.

I Ts Greene-Cananea, Copper Company Mexico Anacostia Bank A. Gude R. A. Pyles George S. King J. J. Glennan J. Frank Campbell R. J. Earnshaw W. R. Mer

Local stock exchange update shows midday calls and after call shifts

Regular call at noon lists Capital Traction 16 at 86 and Washington Railway and Electric preferred 6 at 82 percent. After call Capital Traction rises to 20 at 85 while Washington Railway and Electric 4s priced at 81 percent on $500. Washington Gas 2 at 76 remains unchanged.

Capital Traction Washington Railway and Electric Preferred Washington Washington Railway and Electric Cananea Washington Gas Washington Railway and Electric 4S Georgetown Gas c Georgetown Gas Fis Columbia Gas Elec Capital Traction Co Anac. & Pot River Ry S. Ry. Ca Metropolitan 7 Wash. Ry Elec Po. Con. Mtg. Fa Po. Elec. Pow. Jat Bs C. and P. Telephone Am. Tel Tel. Ev Amer. Tel. & Talcon Grapho Wash. Mkt. Co Aee Wash Mkt Co Bee N. & W. Steamboat The Riggs Realty Wee Riggs Realty Wash Lincoln Trust Company Amer. Security & Trust Natl Savings & Trust Union Trust Colony Wash. Loan & Ust Shy Continental Savings Banic Yome Savings Bank Wee Commerce and Savings East Washington Savings Security Arlington Corcoran É Ee Wank

Washington cattle market and grain quotes

Spot firm for hogs and veal calves with varied weights. No. 1 durum futures steady at 1.31 1/2. No. 1 northern Duluth bids 1.36 and No. 1 northern Manitoba 1.34 0. b. Corn spot weak for No. 2 yellow at 38 1/2. Oats spot steady.

New York Duluth Manitoba

Treasury Daily Financial Snapshot and Market Report

The Treasury reports a May 9 1916 fiscal status with general fund assets totaling 1 679 072 499 88 and a net balance of 181 253 562 88 while receipts and payments show a growing deficit. Wheat and grain futures from Chicago show prices up amid drought driven demand and a strong close with July at 117 1 2 and Sept at 147 2. Market notes include commodity prices for poultry cheese butter eggs and vegetables across national markets.

United States Treasury P General Fund Chicago Treasury

New York Produce Prices May 10 Report Butter Eggs Cheese

New York market summary shows steady butter with high creamery scores and strong egg values amid light receipts. Cheese steady with State specials and Wisconsin twins held. poultry mixed with alive weak broilers and firm dressed poultry. sugar and refined goods firm. lard lower in middle West markets.

New York Hennery Wisconsin Middle West

Cottonseed Oil Prices Reported in New York Market

In New York on May 10 the cottonseed oil market lists prime crude at 9.80 with sales. Spot and future prices show prime summer yellow ranges from 10.90 to 11.15 across May to September, with October 10.17 and November 9.30, December 9.18. Prime winter yellow and summer white trade at 11.00.

Baltimore New York Ajax Rub. Co Houston T. el Butte Cop Sapulpa Chevrolet Balto City Cosden Oi1 Co Con. Power Cubs Cana Sugar Con. Gaston, Will & W Kenefitck Zinc Houston Oil Lynn Phonog Pa. W. and Magma Cop U. Rys Elec Aay Maxim Mun. Oy U. Rye Inads Met Petroleum Midvale Steel Oe Nipissing U Pont Havana Tobacco Havana P. Hercules Lake Torpedoboat Lehigh C Magma Copper St. Ol N. J. Bat St. Oil St. OM N. J Sub P. Piper Ind Kana Nebr N. Y Ott Ohio United Profit Kelly S$. Tire Tau AllMs-Chal. Pf Kennecott Lack Steel A.B. S & F. Ctta Lindeed Pf Mex Petra Locomoa Miami Copper Kan Pacifia T Smett. de Alis Pac Ctia. Ey Smelt. Pf. al Mont Power SheQlAm Steel Fury Nat Enam & S Keolam Tobacco N. ¥. Centra Atchison Atchison Pf Loco Nor. & South Bale Nor. & West Na & W Balta North. Pac Ontario Beth. Steel Pacific Mail Penn. R. R Brown Shoe Phils. Co. We Brunswick & 100 Butte & Sup Preas Steel Car Quicksilver Pf Ches & Ohio bOO/Ry. Steel Sp Cinc. Gt. West Ray Con Cap Reading Aero Phases Gtl W. Pf Bay Cht St. P Rep L & Steal Rep.l Cnic. & N. We St. L Ch .R.l&p. Ry Seab A. L Booic.h&stls Ssars Robuck C. &Supf Shattuck A. C Chile Slosa S Pacific China Col Fuel&Iron South Ry. Pf Col. & South Stand Consol Studebaker Texas Co Oe Cuba A Bag & P Detroit Union Pac Det Unit. R. R United Fruit Dist. Securities Otel D. SS U. Ry Inv U.s.c.lp Eria U. S. Express Am'erle Ist L. Alcoh Gen. Motors U.S.A U. 8 Brest N. Ore Utah Copper U. Sec. Corp Greena C. Cop Wabash Weat U. Tel Westinghouse M. M. Ctfs Woolworth MM. Pfctfa Woolworth Ptd Willys-O. Pf Willys Wisconsin Cen

Copper and tin prices steady in New York and London

The Metal Market reports firm electrolytic copper near term at 28.15 30N0 with August and later. Iron remains unchanged. Tin quotes show spot around 49.75 in New York and futures easing. In London soot copper quoted at £140, futures £131, lyric £164, spot tin £198 1d, futures £197.

New York London

New York Cotton Market Reaches New Highs Then Drops

The New York cotton market stayed very active with prices rising to fresh movement highs before heavy realizing pressure pulled July contracts from 13.19 to 12.95, closing at 12.96. The market finished barely steady with a 2 point net decline as May July October and other futures showed mixed gains and losses.

New York Eneeee S.e00 Tanuaiy Secesaenees

Oil Quotations and Balances Reported in City Ledger

On City, Pa, May 10 credit balances stand at 2.80. Goods run totals reach 64,010 with an average 75,451. Shipments amount to 45,897 with an average 53,098.

City

Also Mentioned on This Page

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