Vigorous Price Gains Drive Mixed Stock Market Rally
The stock market showed broad demand with 1 to 3 point gains in many issues led by United States Steel and Reading. War stocks advanced with Baldwin Locomotive and Cruse Steel notable, Mexicans fluctuated early but rallied later, and several rail and industrial names posted gains though total bond activity remained light.
MENTIONED IN THIS ARTICLE
Motcrs
Deslings
Ralls
Invantmant Alterna
United States
Tagarnet
Ecoring
Ita
Kaharagwalle
Eavrems
L& War
Morora
Wiltve Oveahang
Chandler Motesa
Maxwell
Studebaker
General Motors
Baldwin Locomotive
Crue Steel
New York Airraka
Verolpam
Cevat Company
Hor
Mercantile Marine
United
Reineea
Canadian Pacific
Orn
Central Chicago
Northwestern
St. Fant Aml Haltimore
Ohio Rock
Iowa Central
Southwestern
Angela Fprenceeh
Railroads ride wave of prosperity with higher revenues
New York May 15 railroads report surged earnings with 187 leading lines posting net revenue per mile of 415 in March up from 293 a year earlier and nine month totals rising to 3836 per mile from 2804. Western lines show strong May volume while congestion eases through joint locomotive and car exchanges. Separately bankers trust seeks sale and quick reorganization of Wabash Pittsburgh Terminal Railroad under court order.
MENTIONED IN THIS ARTICLE
New York
eMay
Interstate Commerce Commission
Bankers’ Trust Company of New York
Wabash
Pittsburgh Terminal Railroad
Orr
Federal District Court
Pittsburgh
New York Bond Market Report Confused Fragment
Market notes show scattered figures and stray terms like Hoye UGI percent and various animal prices. The readable items include mentions of lambs calves veal and spring products, with inconsistent digits and unclear context.
CURB MARKET REPORTS MAY CREDITS AND SHIPMENTS
Curban City Pa market figures show credit sales at 2.60 per unit with 176 788 runs and an average of 87 110 shipments totaling 150 160. The average per unit stands at 58 464.
MENTIONED IN THIS ARTICLE
Ol City
New York Money Market Rates Reported May 15
Mercantile paper 3 percent. Sterling 60 day bills 4.72 percent. Demand 4.755 percent, cables 4.76716. Francs demand 6.344 percent, cables 5.9844. Marks demand 76 percent, cables 77. Kronen demand 13 percent, cables 13. Guilders demand 411 percent, cables 41 percent. Rubles demand 31 percent, cables 31 percent. Bar silver 75 percent. Mexican dollars 58. Time loans easy from 60 and 90 days 2 to 3 percent, six months 3473 percent. Call money easy high 1 percent, low 1 percent, ruling rate 1 percent, last loan 1 percent, closing bid 1 percent, offered at 2 percent.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Morgan Sees America Absorbing European Securities
Holland reports J P Morgan’s informal remarks before leaving for New York indicating Europe handles securities well and America's absorption of returning European bonds is feasible. Observers note Paris and London markets have already returned millions in railroad and utility bonds, with U S investors absorbing them through New York and Boston bankers. The piece suggests no new major loans, but a shift to absorbing securities domestically.
MENTIONED IN THIS ARTICLE
New York
J. P. Morgan
Europe
Financial
Morgan
London
Paris
New Haven Railroad Company
New Haven
Frech
Basta Oo
France
United States
Boston News Bureau
Boston
Mr. Morgan
England
Holland
New York Stock Exchange
ILOCAL FINANCIAL AND BUSINESS NOTES
Markets opened steady with light demand and no urgent orders. Washington Railway and Electric ex dividend bids improved, graphophones rallied, type setters Lanston and Mergenthaler steady, and Columbus item reports AT&T/NY seeking approval to buy 3 million dollars in Cleveland Telephone stock.
MENTIONED IN THIS ARTICLE
Focal Stock Exchange
Washington Railway and Eilectric
New York
Lanston
Mergenthaler
Washington Gas
and & Potomac Electric Consolidated
Columbus
Ohio
American Telephone and Teleigraph Company of
The
Utilities Commission
Cleveland Telephone Company
Local stock exchange sale notice at noon
Regular call at 12 o'clock noon reports Washington Gas five percent bonds priced at 107 for $500 and Potomac Electric Company five percent bonds at $1,000 in a Pan-American warehousing listing with unclear terms.
MENTIONED IN THIS ARTICLE
Walia Land
Wash. Ry
Elec
Potomac Donald
AM Pot d& Ches
Steamboat
Capital Traction
W . Vir. Rey
Washington Utilities
Washington Gas
Georgetown Gas
Pvt. & Ches. Steamboat Pfd
Mergenthaler Linotype
Lanston
Farm, & Mech. Nat. Bank
Continente Truat
Miller Train Control
Gayety Theater
American Paper
Oklahoma OM
Tripure Water Systema
Washington Baseball Club
Potomac Electric
Pana
Georgetown Gas O. 1
Tee
Col. G. & BE
Capital Traction Co
Anac. & Pot
River Ry
Baec.& S. Ry
Metropolitan R. R
BONDA
Po. Elec
Mtg
C. and
Am. Tel
Tel
Tee Amer
Ae Am. Grapho
Wash
Mkt. Co
N. & W. Steamboat
Riggs Realty
Roly
Riggea Realty
Aq Wash. Ry
Federal
Lincoln
Metropolitan
Second
Washington
Trust Company ‘Tocks
Amer, Security & Trust
J Nat'l Savings & Trust
Union Trust Company
Wash. Loan & Trust
Continental
Savings Bank
Home Savings Bank
Commerce and Savin
East Washington
Security Sav. & Coml. Bk
Arlington
Flather, Moorhead & Elmore
New York Stock Exchange
Washington Stock Exchange
16Th St
Treasury balance and deficits report excerpt
The United States Treasury summary shows a general fund balance of 122 007 798 with total payments at 3 967 715 and receipts at 2 098 710. The fiscal year deficit is 60 078 201, compared with 111 878 256 last year, excluding Panama Canal and public debt transactions.
MENTIONED IN THIS ARTICLE
United States Treasury
Panama Canal
New York Cotton Market Ends Mixed With July Drops
The New York cotton market on May 15 showed quieter trading and irregular swings. July ranged 14.02 to 12.87 and settled at 12.93, while the general list closed steady with small net declines. New crop remained comparatively easy amid the day’s fluctuations.
MENTIONED IN THIS ARTICLE
New York
Baltimore Markets May 16 Oats Poultry Butter and Eggs Prices
Baltimore markets report on May 16 shows oats price ranges for standard white and white varieties, live poultry prices for various fowl sizes, down to ducks and pigeons, butter prices including creamery and dairy prints, and Maryland Pennsylvania Western egg firsts with price points across regions. Includes specific per pound and per dozen figures for multiple commodities.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Pennsylvania
West Virginia
Southern
Philadelphia Markets and Commodities Noted May 15 1916
Philadelphia markets show butter steady at 31 82. eggs firm with firsts at 7.05. cheese NY full cream 15 to 17. wheat and corn lower with No 2 red at 1.16 to 1.19. copper, tin, silver, and gold balance figures listed. US Treasury and banking assets detailed.
MENTIONED IN THIS ARTICLE
New York State
Elgin
Virginia
North Carolina
California
Florida
Philadelphia
Western Creamery Extra
F. c
New York
New
Reese
Ana
Todate
Southern
Tim—Metal Exchange
Tin General Fund
Treasury
London
United States
Federal Reserve
Federal Reserve Banks
Philippine
Hennery
Wisconsin
Middle West
Livestock Market Report Across Cities May Market Prices
Livestock prices and receipts listed for New York Chicago and Baltimore on May 15 16. Cattle calves sheep and hogs show varied but steady to higher bids with week totals included. receipts range from thousands to tens of thousands across categories and regions. Prices note steers cows bulls and sheep with per head figures and weekly comparisons.
MENTIONED IN THIS ARTICLE
New York
Chicago
Baltimore
Chicago Grain Market Dips After Early Gains
Chicago May 15 grain prices moved up briefly on news of Hes sian flu damage in Kansas but later fell as rains improved the crop outlook. Wheat July 1.36 and Sept 1.16. Corn down to 4% and oats slightly lower. Cash grain quotes show No 2 red wheat around 1.08 to 1.16, No 2 yellow corn 75 to 76, oats around 48 to 46. Futures mixed with July wheat near 1.16 and 1.17. Continuous trading figures listed for corn and oats.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Cottonseed Oil Market Prices Reported
New York May 15 prime crude listed at 9.80 nominal with various futures. prime summer yellow at 10.75 May 10.83 June 10.96 July 11.00 August 11.07 September 11.09 October 10.13 November 9.34 December 223. Prime winter yellow and summer white quoted at 11.50 12.00.
MENTIONED IN THIS ARTICLE
New York
New York Grain May reports mixed tone across grains
New York grain markets show spot wheat and corn easing with several grade quotes listed. Durum and hard wheats hover around 1.30 to 1.35 dollars, while corn and oats prices remain subdued with standard oats near 62 to 50.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Money to Loan Offers Across DC Real Estate
Multiple loan offers outlined for Washington DC area real estate. Lenders advertise dollars up to six figures, 5 to 6 percent interest, and quick financing. Firms include F A Smith 815 15th St NW, Phillipe & Sager 1469 KY Ave, Wm H Saunders Co Southern Bldg 807 15th St NW, Jesse L Heiskell 1403 H St NW, Wilcox Hane & Co 1420 F St NW, Tyler & Rutherford Inc 817 15th St NW.
MENTIONED IN THIS ARTICLE
Pyrene of
Omnes
F. A. Smith
15Th St. Nw
Phillipe & Sager
KL Y. Ave
D. C
Wm. H. Saunders & Co
Southern Bldg
D.C
Jesse L. Heiskell
H St. N. W
Heal Batite
Wilcox, Hane & CO. (Inc
F St. NW
Tyler & Rutherford, Inc
15Th St
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U.S. Steel and Reading Lead
Wall Street
Local Produce Market
Lanaton
Franklin Nat. Bank
Continental Trust
Ala
Thomas L. Hume
G Street
Washington Cattle Market
Ameaitcan Agricultural
Indy
Brernlehem
Chesaperne
Quincy
Tireat Western
Inica
Colorado
Ra Cs
Oyln, Holand Hartford Co
Norfolk and Weetarn Co
Northern Pacific
Northern Pacific 3A
Oregon Short Line
Pacific Tel
Fennsylvania Con
Fennssivania
Foending
Republic Bteo Se
Laura
San Fran
Louis Southwestern Ists
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Adj
Bouthern Fel Tel
Southern Factfile
Bouthern Facifle Rel
Southern Railway
Ba Tre
Southern Railway Wen
Tennessee Copper
Toxag Company
Toxag and Pacific Lets
Third Avenue Ady
Viesinia
Woesttighyse Electric
Wis
York
Curb Market
Ajax Rubber Co
Chevrolet Motor
Costen & Co
Cuba Cane S, Pf
Gaston Will. & W
Bim Holly Sugar
Kenefick Zinc A
Lynn Phonog. Oo
Magma Copper
Met. Petroleum
Imidwate Steal Easy
Nipissing
Oklahome Re Tm
Peerless Motors
Ray Hercules
Perlman Rim
Sinclair Oil
Submarine Corp
Triangle Film
Motora
Atlas Powder
du Pont Powde
Hercules Powder
Havana Tobacco
Havana
Lake Torpedo B
Beeee
Lehigh C. Sales Oe
Magma Copper O. of
N. A
T. O
N. Los
N. J
P.P. Nee Wee
Bt. OM
Califester
St. Oil
Ind
Boo
St. Oil of
Kan
St, Oil of
N. Y
Shar
Yukon
Baltimore Securities
Colonial Trust
Consolidated Power
Consolidated Power P
Consolidation Coal. Wean
Houston
United Bys. & Bloc. Co
Consolidated Gas
Houston Oidiv
Penn. Wat. & P
United Rys. & Bloc
Ae Wash., Balto. & A
Vecessity & Sub
Sven
Alaska Gold
Allouez Miningoe
Boston & Maine
Centennial Mining
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Miami Mining
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Ory Ray
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Wee
United Fruit
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Ventura Oil
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NEW York Stock Market
Kans
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Allis-Chalmers
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Ag. Chem
Lake E
Can, Senge Brs
Lehigh Valley
Am. Can Pt
Lee Rub
Car
Loula & Nash
Am Coal
Man. Shirt Co
Am. Coal Pr. Pt
Maxwell M. Co
Maxwell M
Am. Express
Meaxwell M
Hide & L
May Dep
Roma. H. & L. Pt
Mex. Petrol. Gully
Mex. Petrol.p
Miami Copper
Locomo
Minn & St. L
SSM
Mo. Kan
Pacific
Am. Smelt. Pf
Mo. Pac Cta
Sm. Pf. A
Mont
Nat
Am. Tei & Tet
N.R.R
Tobacco
Am. Woolen
Nev. C. Coppner
Woolen Pf
N. Y. Air Brake
Amer. Zinc
N. H. Central
3. L
Anaconda
N. H. Dock Pf
Atchison
N. H
Atchison Pf
N. YO
Atl Coast Line
Norf. & Weat
Lovo
Northern Pac
Balt
Ontario Bilver
Penna, R. R
Phila, Co
Beth, Steel
Pitts
Brooklyn
Butte & Sup
Cal. Petroleum
Cal. Pet
Can. Pacific
P. 8. Co
N.J
Pal
Quicksilver
Chand. Motor Oay
Ches. & Ohio
Quicksilver Pf
Ry. Steel Sp
Gt. W. Pf
Ray Con. Cop
Chic M.& St. Pj
C.M. & St.Pp
gaoiChte. & N. W
Rep
L & Steel Ag
RT & Plr
St.p.m
Seab. A. L. Pf
Clustt, Peabody
Sears-Roc
Col. Fuel & Iraby
Shattuck A. C
South
Col
Southern Ry
Juga
Crucible St
del. & Hudson
Texas & Pacific
Texas Co
Den
R. G
Dome Mines
Third Ave
Dist. Securities
Bay
Twin City R. T
F. M
United Bruit
United By. Inv
Gen. Chem
Gen. Electri
Gen. Motors
Gen. Motors Pt
Goodrich, B. F
U. S&s
Goodrich, Pf
U. S. Sm.& Ref
Granby Mining
U. S. Steel
U. S. Steel Pf
Northern Pf
Utah Copper
Greene-C. Cop
Utah Sec. Corp
Gulf S. Steel
Va.-Car.chem
Gulf
Steel Pf
Wabash Pf
Wells-Fargo
Agricul
West. Mary
Int
Snap, Copper
West. UN
Interboro Con
Westinghou Se
Har. Corp
Woolworth
M. M. Ctfs
Woolworth P
M. M
Int. Nickel
L. B
Iowa Cent
Willys
America
Madlg
Expos
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Hughes & Dier Building
Walnut Street
Philadelyphia
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Republic
Eity
A. B. Leach & Co Investment Securities
Cedar St
N.W. Halsey & Co
N.g W
Seatierleg
Exchange Place
Anita Oueeerhalet OE Tha
RB. J. Campbell & Co
National Savings & Trust Company Cor
N. Y. Ave
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
Ralph W. Lee
14Th St. N. W
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Wade H. Cooper
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