Market tone turns negative on thin activity and cross-border rumor
Wall Street opened with a firm undertone but soon showed negative character amid speculation and liquidity shifts. United States Steel and large department store stocks led gains while rails steadied. foreign exchange moved mildly, and bond markets held mostly steady amid fractional gold reserves and central bank actions.
MENTIONED IN THIS ARTICLE
Fiat
Martwea
Wolara
United States Steel
Lorine
Ahgu Kolp
Motors
Berge
Woolworth
Mac Department Stores
Underwood
Wall Street News And Gossip May 11 Bond Strengths Rise
Market report from New York notes strong spots in bonds with Mercantile Marine 44 48 bidding up to 103, Atlantic Gulf and West Indies 45, Fock Island debentures 58, and other rails like Minneapolis and St. Louis 6s up. Chevrolet Motor hits a new high for the year at 213 on the curb. Bank of France and Bank of England statistics show shifts in gold, notes in circulation, deposits, and reserves.
MENTIONED IN THIS ARTICLE
New York
Mercantile Marine
Atlantic
Gulf and West Indies
Fock Island
Minneapolis
St. Louis
Missouri Pacific
Chevrolet Motor
International Mercantile Ma
Boston
Adventure
Adl Gulf
W. T
Alaska Gold
Allouez Mining
Asina Exp
Boston & Maine
Granby
Cosden & Co
Mohawk
Nevada Con
Geston Will & 2
North Butta
Kenefick Zinc
Speray
Old Colony
Lynn Phong
Shannon Mining
Magma
Lis United
Fruit One We
Maxim Mum. Gy
Utah Consolidated Mining
Petroleum A
Utah Copper
Midvale Steel
BONG
Nipissing
Ventura Oil
Oklahoma
Ray Hercules
Perlman
Triangle Film
Uv S
Atlas
Alaska-Yu T. C
du Pont
Sao U
Havana
Havana Tubae 2% * Bid, Havana Tob, Pfwe
Hercules
Lake Torpedo Bees
Lehigh C. Sales
Magma Copper
St. Oll
N. J
St. Ont
Cal
St. Oul
Ind
St. Ol
Kans
Nebr
St. O11
Ohio
United Profit
Sharin
Z. World Film
Yukon Gold
Clorssight
Rumely
Kan
Kelly S. Tire
Alaska Gold M
Kennecott
Alaska-Juneau
Allia-Chalmers
Lehigh Valley
Allis-Chal
Lee Rub. & Tire
Am. Ag. Chem
Maxwell M. Co
Can
Maxwell Mipr
Maxwell
Car & F
Potton
Am. Express
Am. Hide & L
M.st. P & Ss.m
Pacific
Am. Linseed
Mo. Pac
LocfAm. Lingeed Pt
Mont. Power
Nat. Enam, & S
Loco. Pf
Am. Matt
Nev. C
Am. Smelting
Ggg
N. VY
N. Y. Central
Am. Smel. Pf. Aj
Steel Fury
N.V.C
Penn. R. R
T. Pf
Phila. Co
Anaconda
P._C.C
Atchison
P.C.C. & St.L.pf
Atchison Pf
Car.pf
Batto && Ohio
Steel Sp
Beth. Steel
Ray Con
Brown Shoe
Rep. I. & Steel
Kutte & Sup
Cal Petroleum
Seab, A. L
Seab
A. L. Pf
Case
J. E
Saars Roebuck
Shattuck A. A
Sloss S. S
TAO Ches
Chic
Gt. W. Pf
P. R. Sumar
sboChic
Al&st.p
P. R-Sug.pf
Southern Ry
Chic. & N. W
Yoosouth. Ry. Pf
RLS Pry
IC & St. L. Ag
NP C.& St. Lpt
China Con. Cen
Studebaker
Someluett
Peabody
Tenn
Texas Co
Gol. Puet & Inn
Col. & South
Tex. Co
Third Ave
Union Farm & FP. B Ag
Union Pacific
Cuba
Cub. Am
Union Pac. Pf
Cig. Mftg
Detroit Edison
Uni. Cig. M. Pf
al Securities
United Frul
U. S Express
Gen. Motors Pr
U. S
Alconollas
U.S.8
U. S. Steel
Zulf S. Steel
U. S. Steel Pl
JonjGule & Stl
Utah
Agricul
Wabash Pf. A
Wabash Pf. B
M. M
West
Int
M.M. Pr
Weatinghouse
Woolworth
Willys Over
Town Central
Willys Ov. Pf
Wisconsin Cen
Lsie
New York Bond Market Report Summary May Trade
In New York May trading, investors scanned a long list of bonds and equities. Notable entries include American Cotton Oil, American Tobacco, and Consolidated Gas with varied yields around mid to high single digits. Several rail and utility issues, including Denver Rio Grande and Northern Pacific, appear with mixed performance. The market shows broad activity across steel, telecommunication, and utilities with ongoing shifts in yields and prices.
MENTIONED IN THIS ARTICLE
New York
American Tobacco
Aemine & Ootas Reid
Chisan Wen
Sonawon
Wee
South Coval Line
AL Pelimone O
Ohio
Serhietenr Steel
Rhago & Land
Chicago
Consolidated
Denver
Anc
Rio Grande
Fratillars Securities of
Thy Dominion of
Came Os
Genta Teonaral Bilpetiic
Srvat Northern
Conola Central Cer
Utlnela Steel
Ny Arbor Nith
Ripsawt Ty Southeures
la Haminpa Steel O
Vigwett & Myers Ua
Idle Lorittard
Onigsitia Ood Nastvilie
Monqoutl Kang Andl
Texas Ist
Montana Power
Norfolk and Western
Diya
Northern Pacific
Eunavivanta
Enesvivanta
Eading Gan
Steeve
Lone
San Fran
Lowa
Manboard
Hell
Falie
Souera
Seuforin Haghway
Ey Bal Texte Company
Cy Ba Dexad
Pacific Tara
Hind Avenue
Adj
Union Pacific
Gs US Steel
És Sorainta Car
Cherical
Waratern Union
Westinghouse Electric
Government bonds prime crude and yellow and white notes
New York on May 11 lists prime crude at 9.80 nominal and yellow spot at 19.88. Summer yellow prices rise through May to 11.07 in September, with October at 10.08 and November and December near 9.3 and 9.18. Winter yellow and summer white bonds trade around 11.00.
MENTIONED IN THIS ARTICLE
New York
New York Stock Market Review May 11 1916
The New York stock market action on Thursday May 11 1916 reflected cautious gains across key traded issues. Traders tracked industrials and rail shares amid mixed volume as investors weighed wartime supply disruptions and domestic business activity.
Holland: Farmer Learnings From May 10 Plantings Boost Crops
Holland reports that farmers in Minnesota and North Dakota can plant as late as May 10 with excellent crops expected. Northwest wheat prospects improve as spring planting offsets winter damage in Montana, Minnesota, and the Dakotas. Livestock prices rise and lumber and mining in the Northwest bolster prosperity, with iron ore and copper shipments surging, especially in Minnesota, Michigan, and the Black Hills.
MENTIONED IN THIS ARTICLE
Europe
Northwest
Federal Reserve District
Minneapolis
John H. Rich
Federal Reserve
Ninth
Montana
Minnesota
Dakotas
South Dakota
North Dakota
Ninth Federal Reserve District
Minnesota Range
Michigan
Black Hills
Holland
Washington Stock Exchange closes with no transactions
Local financials note a quiet session as the Washington Stock Exchange found no trades yesterday. Bonds showed demand and steady prices while Capital Traction and Potomac Electric notes moved modestly. American Graphophone planned a new 6 percent serial issue with 102 percent call feature and tax-free status.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Capital Traction Ba
Washington Railway and Electric
Potomac Electric Ilot
Riggs Realty
Long
Treasury report shows deficit and asset totals amid May 1916 data
United States Treasury summary lists May 10 1916 figures with net general fund balance 127,156,710 and a fiscal year deficit of 55,304,367. It presents receipts and payments totals, daily revenues, ordinary disbursements, and asset breakdowns across gold and silver holdings, bank notes, and Federal reserve items, totaling 2,245,597 receipts and 6,088,145 payments with a large overall cash and bullion position and unsettled equivalents.
MENTIONED IN THIS ARTICLE
United States Treasury
General Fund
Treasury
United States
Federal Reserve
National Bank
Federal Reserve Banks
Philippines
Chicago Grain Favor Auto Speed Bill
A House District committee ordered a favorable report on a bill to let city commissioners regulate automobile speed. The substitute places control of traffic zones and speed limits in the hands of the commissioners, replacing the current Congress set limits. Representative Vinson will prepare the report and a bill along these lines. Chairman Johnson will call it up at the first favorable opportunity.
MENTIONED IN THIS ARTICLE
House District Committee
Miller
Delaware
Vinson
Georgia
Johnson
Local Market Prices and Grain Futures Report
The listing shows live poultry and dairy prices for various items including hens, turkeys, cheese, butter, eggs, and a long array of vegetables and greens. It also covers Chicago and Baltimore grain futures, with wheat, corn, oats, rye, barley, and PORK LARD RIBS figures, plus notes on an Tempers Creek rifle training camp.
New York Money Market Report May 11
Mercantile paper at 8 percent and time loans firmer. Sterling 60 day bills at 4.7244 with demand 4.7511-16 and cables 4.767-16. France demand 6.94 percent with cables 5.9312. Marks demand 7.734 with cables 17 percent. Rubles demand 31 with cables 81 percent. Baraliver 6 percent. Mexican dollars 58. Government bonds steady and railroad bonds firm. Call money easier with ruling rate 2 percent. last loan 2 percent.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
France
Washington cattle market summary and price notes
Hogs priced by weight with dressed, small, medium and heavy categories. Sheep market shows capped prices. Veal calves noted with 10 to 11 percent ranges. Spring lamb prices range around 12 to 13 with 11 to 14 percent figures.
New York Cotton and Copper Market Fluctuations
New York cotton prices were irregular on May 11 with subdued activity. July futures rose briefly before closing steady with small changes, while copper held firm with nearby August levels around 28.76 to 30.00. Tin markets were dull with spot and futures quotes around 43.75 to 49.25. London copper and tin prices quoted in pounds, with electrolytic copper at £141 spot and £135 futures.
MENTIONED IN THIS ARTICLE
New York
M&g
Getoher
London
LIVESTOCK MARKETS ACROSS NATION AND REGIONS
Chicago hogs receipts 33 000 higher Prices ranged 9 40 to 10 00. Cattle receipts 3 000 firm native steers 7 00 to 10 10. Sheep 13 000 firm with wethers 7 20 to 8 60 and lambs to 9 25. New York shows bear trade quiet on calves and sheep with nominal quotes. Philadelphia butter steady and eggs higher with cheese steady and grains mixed.
MENTIONED IN THIS ARTICLE
Chicago
New York
New York Produce Prices and Market Notes May 11
Market report from New York shows butter steady with receipts 8147 pounds and creamery items mixed. Eggs firm with 35,879 receipts. cheese steady with state and Wisconsin varieties listed. Poultry mixed with alive broilers down. turkeys and fowls variably priced. Sugar, coffee, flour, pork, beef, and lard noted with current bids and futures. City and Philadelphia markets report credit balances and shipment totals for the period.
MENTIONED IN THIS ARTICLE
New York
Hennery
Kennery
Wisconsin
Rio
Middle West
New York Grain Prices and Futures Summary
Spot markets show wheat steady with several grades listed from durum to northern varieties. Corn and oats also mixed with slight softening in some categories. Futures for May hover around 1.23 dollars per bushel.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
F. E. Be
Army and Navy News Leave of absence for four months
Leave of absence for four months is granted First Lieut. Wiley E. Dawson Twenty-first Infantry. After leave he will report to Letterman General Hospital San Francisco for observation and treatment. Various transfers and appointments follow including Captain Hugh La F. Applewhite retired to teach at University of Nevada Reno and other officer movements and assignments among the quartermaster and medical corps.
MENTIONED IN THIS ARTICLE
Wiley E. Dawson
Twenty-first Infantry
Letterman General Hospital
San Francisco
Cal
Hugh LA F
Applewhite
University of Nevada
Reno
Nev
Irvin L Hont
Bureau of Theater Affairs
Bureau of Insular Affairs
War Department
Edward L. Munson
Medical Corps
Edward 8K. Schreiner
Gordon Johnston
Eleventh Cavalry
Arthur N. Tasker
Philip W. Huntington
Army Retiring Board
Governors Island
Henry C. Davis
Coast Artillery Corps
John L. Chamberlain
Army
Governors Intend
N. Y
James WN. Pickering
Tenth Infantry
Dana T. Merrill
Third Infantry
Henry 8. Brinkerhoff
Paul Giddings
Quartermaster Corps
Charles T. Mencher
Third Field Artillery
Séeat
Frank P. Applin
186Th Company
William H. Bertsch
Fort Sam Houston
Tex
I Will Sell Various Bonds and Stocks by Thomas L. Hume
Broker Thomas L. Hume offers 41 000 C C and Great Falls land 5 percent at 414, 1000 Wash Ry and Elec 4 percent at 504, 2000 Potomac Consolidated 5 percent at 106, steamboat equities at 5 percent, and numerous other issues including Capital Traction, Washington Gas, Washington Rwy and Elec, and Continental Trust. Bids on some items invited, with bids and terms subject to acceptance or cancellation. Deliveries for cash at buyer’s risk.
MENTIONED IN THIS ARTICLE
Capital Traction Railway
Washington Railway and Eiectric 4A
Potomac Electric Lt
Riggs Realty
Georgetown Jasc
Georgetown
Washington Gas
Columbia G. & HE
Columbia G. & E_ dob
Capital Traction Co
Pat River Ry
Pat
P. Telephone
Am. Tel
Tel
Amer. Tel
Amer. Grapho
Mkt. Co
Mit
N. & W. Steamboat
Capital ‘Traction Co
Elec
W. Steamboat
Tei & Tal. Co
Mergenthaler Linotype
Lanston Monotype
Greene Cananea Copper
American
Columbia
Lincoln
Washington Trust Company
Amer. Securit& Trust
Natl Savings & Trust
Union Trust Company Wash. Loan & Trust
We Continental
Savings
Home Savings Bank
Commerce
East Washington Savings
Tee
Arlington E “ Bu
Corcoran
National Union
Columbia Tule
Neevee
Aasee
Chapinaci#s Co
Vet D. of C. Paper Mfg. Co
Ayeie
Grapho
Washington Market
Falls Land
Wash
Potomac
Sieo Poe & Chen
Steamboat
Capital Traction
Washington Utilities
Washington Gan
Georgetown Gas
Bot. & Chea
Lanaton
Farm, & Wiewh, Nat. Bank
Continental Trust
Miller Trim Control
Gayety Theater
le Oklahoma
Washington Investment
Tripure
Bachelor Realty Corpn
Wash. Ry
Franklin Nat, Bank
Washington Baseball Ciph
Oklahoma Gil
Thomas L. Hume
G Street
Reon Tel
Also Mentioned on This Page
Mericans
Germany
Udeegand
Mexico
Usuas
Ilana
Snura
Vet Hs
Interania
England
Bank of France
Ota Gold Holdings
Henin Cor Park
Meccanel Marine
Anglo- Reencows
Wall Street
Rine Company
Bank of England
Baltimore Securities
Baitimore
Consolidated Power
Houston
M & C Aga
Bo Penn Wal
United Rya & Elee Inc
Bay Big Wash Balto & A SA Sapulpa Refining Co
Curb Market
NEW York Stock Market
Port Movement
Repri
New Orleans
Galveston
Mobile
Savannah le
Charleston
Wilmington
Texas City
Norfolk A
Baltimore
Philadelphia
Savannah
Norfolk
Memphia
Augusta
Louis
Cincinnati
Little Rock
Dallas
Montgomery
Publc
Local Stock Exchange
Asgeta
Chicago Grain
House Committee
Local Produce Market
New York State
Tub
Virginia
North Carolina
Florida
California
Timothy
Maryland
Pennsylvania
West Virginia
Plattsburg Camp
Washington
Washington-Plattsburg Rifle Association
Plattsburg
Basil Mules
William Mitchell
Signal Corps
Miles
Chamber of Commerce of the United States
Riggs
Washington Cattle Market
F. c
City
Army and Navy News
NAVAL
Ralph W. Lee
14Th St. N. W
Flather, Moorhead & Elmore
New York Stock Exchange
15Th St
Sceo
M Guantan
Orama
Port An
Prince
Culgoa
Jason
Norfolk Yard
Mare
Comato
Bremerton
Saramento
Port Au Ploce
Vermont
Hampton Roads
Vulcan
Newport
Salem
Chester
Navy Yard
Beaton
Mars
Sever
Fotilla
Atlantic Feet
Severn
Cristobal
Nereua
Albaoy
Pacific Reserve Fleet
Atlantic Reserve Feet
Nashville
Carlier Agiedron
H. T. Bartlett
Naval Aeronautic Station
Pensacola
Fla
H. D. Clarke
Jupiter
New Jersey
Bentamain
J. B. Hupp
Newport News Shipbuilding Go
Lebanon
Oxford
Robert Bridges
Thomas Hardy
Walter Raleigh
Oxford University
Universities
Shawn Song & Co
Cape Haitien
Santo Domingo
Dolphin
Port
Santo Demings
Block Island
Guantenamo
Hampton Heads
Riggs National Bank
Penn. Ave
OPP
U. S. Treasury
Charles Glove
M. JE. Ailes
Atherice
Tushor Evans, Jr
Harry V. HA . Asst
Claries C. Glover
H. Moner Dulasy
Thomas Hyde
Wilard
Brownson
James M. Johnston
Charles I. Corb
Redmond & Co
Woodward Building
Atock
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W