Securities Rout Deepens As Liquidation Broadens In New York
New York on November 9 saw renewed heavy liquidation hitting the late market with new lows for the current move. Short traders active as foreign offerings and unconfirmed war-order rumors weighed, while the market showed artificial weakness and dull trading on recoveries. Notable declines included Studebaker to 149, Willys-Overland to 210, General Motors to 370, Baldwin Locomotive to 13, and Tennessee Copper near 1. United States Steel slipped to 83 1/2 with a small gain later, while rail shares fell 1–2 points. Total market activity reflected broad declines across bonds and speculative issues.
MENTIONED IN THIS ARTICLE
New York
Uist
Eatimatea of
London
Het Mrude
Studebaker
Willys-Overland
General Motore
Baldwin Locomotive 4
Tennessee Coppers
Great Northern Ora
United States Industrial
Vlcohol
Distillers’ Securities
American Coal Products
States Steel
St. Paul
Norfolk and Western
Missouri Pacific
United States
Willys-Overland plans 15 million dollar convertible stock issue
Directors announce a 15 million dollar issue of convertible 7 percent preferred stock to be offered to common stockholders at 102 percent up to 7 percent of holdings by December 2, 1915. Proceeds retire 4.48 million dollar preferred stock at 116 and fund general operations. Howard Elliott reelected president and chairman of the board of New Haven Hartford. other officers and executive members named. Consolidated Stock Exchange to drop Chicago Board of Trade grain quotations beginning tomorrow amid steady but limited grain trading on the floor.
MENTIONED IN THIS ARTICLE
New York
Willys-Overlang Company
Howard Elliott
New York, New Haven and Hartford Railroad Company
Benjamin Campbell
A. P. Whaley
T. G. Buckland
M. Tomlinson
A. H E. Clark
Consolidated Stock Exchange
Chicago Board of Trade
Chicago
Consolidated Exchange
Consolidated
New York Stock Market Tuesday Figures 1915
New York stocks closed Tuesday November 9 1915 with total activity listed as 198 540 shares traded yesterday. Market observers note varied performances across leading issues as investors weigh industrials and rail shares amid response to economic cues.
Holland’s Choice of St Louis Sets Stage for New Orleans Meeting
The national foreign trade convention chooses St Louis for the second annual gathering and forecasts a New Orleans venue for the third. The war’s impact paralyzed exports briefly, then rebounded with a $200,000,000 gold loan boost. Officials anticipate policy talks on sustaining and expanding U S foreign commerce amid postwar competition.
MENTIONED IN THIS ARTICLE
New Orleans
Boston
New York
National Foreign Trade Convention
St. Louis
James A. Farrell
National Foreign Trade Council
Bosen Ag
Washington
Europe
Middle West
Mississippi Valley
Farrell
St Louis
Panama Canal
United States
C. P. Huntington
Department of Commerce
Great Britain
Germany
United States Steel Corporation
National Foreign Trade Association
National Foreign Trade Organization
Holland
New York Bond Market Report Snapshot
The New York bond market shows copper and tin steady with minor quotes from London. Spot copper around £74 2s and futures £74 28, electrolytic prices near £102 53, tin quoted firm at about 38 shillings to 50 pence per unit.
MENTIONED IN THIS ARTICLE
New York
London
Spartia
TIN
New York Money Market Update
New York money market figures show Mercantile paper at 3 3 percent while Sterling 60 day bills trade near 4.6650 with demand 48465 and cables 4.6550. Francs demand 5.97 with cables 65.96. Marka demand 81 with cables 81. Lire demand 6.46 with cables 6.45. Rubles demand 32 with cables 324 percent. Bar silver 50 percent. Mexican dollars 5844. Government bonds steady. railroad bonds heavy. Time loans easier 60 days 2 2 1/2 percent. 90 days 2 3/4 percent. Call money steady high 2 low 1 percent. ruling rate 1 percent. last loan 2. Offered at 2.
MENTIONED IN THIS ARTICLE
New York
Mercantile
Cottonseed Oil Market Prices Live Up To Text
New York buyers see mixed cottonseed oil quotes with several contracts listed. Prime crude at 6.63, prime summer yellow 7.55, November 7.50, December 7.58, January 7.61, February 7.73, March 7.72, April 7.75, May 7.81, June 7.89. Good off oil 7.45 to 7.70, off 17.40 to 7.65, reddish off 7.35 to 7.66.
MENTIONED IN THIS ARTICLE
Alaska-Juneau
Adams Express
Alaska Gold
Allis-Chalmers
Allis-Chalpe
Am. Ag. Chem
Am. Ag. Ch. Pt
Am. Hide &Lalm
Locomo
Steel Fdy
Tel & Tel
Tobacco
T. Pf. New
OZTM
Am. W. P
Atchison
LOO
At. Coast Line
Balt & Ohio
Balt. & Ohio
Batopilan
Beth. Steel Pf
Brooklyn R. T
Bklyn
Gas
Brunswick
Brown Shoe
Burns Brosil
Butte & Sup
Cal Petrol
Cal. Petrol P
Can. Pacific
Ches
Ohio
Chic, 6Th West
Gt. W. Pt
Luett Peabody
P. Pt
R. 1
St. P.M
China
Colo. F. & Iron
Col & South
Cot. & So
Consol
Gag
Contin
Crucible Steel
Crucible S. Pf
Am. Sug
A. Su. P
Den
Rlo G
Dist
Hlec. Stor. Bat
Krie
Erla Rat
Hrie
Che. Pf
Gen. Electric
ATTY
ATS
Gen. Motors
Goodrich
B. F
N. Ore
Guggen
Tlomestaka
ToojUhnoig
Nt. Agricul
Int
Agricul
HOO Inter
Inter
N. J
Luck, Steel and Tbm
Lehigh Valley
Lig. & Myers
Long Island
LoriNard, P
Lorillard, P., Pt
Mackay Cos
Man, Bhirt
Maxwell M. Ci
Miami
Minn
St. L
Minn&St. L
M.st.p & Shm
Kan. & T
Pt Ih
Pacific
Mont
Phila. Co
People's G. & C
Pettibone Mul
Pitte. Coal
Pitts. Steel Pf
Steel
Ry. Steel Sp
Ray Con
Yooist. le
Seaboard A. L
Seab’a A. L
Sears Roebuck
Sloss S. 8. & I
South Pacific
Southern Ry
South. Ry
Studebaker
Tenn. Copper. ST
Bey
Texas Co
Third Ave
Etx
Tol
Union Bag & P
Union Pacific
Union B. & P
Union Pac
C. S. of Am
C. S. of A. Pl
United Fruit
United Ry. Inv
Ry. Inv
C.T. P.& Flant
U.S. Re.& He
U. Steel
U. S. Steel
Utah Copper
Va.-Car. Chem
B. Wil
West Mary
Ua. Te
Westinghouse
West
Mfg. Ist
Woodworth
I. B
Willys-Gver
Willys-Ove
Wisconsin
New York
Apt
Chicago Grain Market Bears Rise as Wheat Declines
Chicago grain prices drifted lower on November 3 as abundant domestic and foreign stocks sparked bearish mood. Wheat futures closed down about one half to one percent with December at 1.02 percent and May at 1.03 percent. Corn slipped, oats remained steady to down, and barley ranged lower alongside provisions.
MENTIONED IN THIS ARTICLE
Chicago
Local financial notes indicate steady demand on bonds and rails
Washington stock trading showed little overall movement yet demand persisted. Street railway stocks drew support near asking prices with brokers bidding for Capital Traction preferred and Gas. Interest appeared for Lanston options on 100 share lots while bond demand remained strong though trading was limited. Washington Gas and Potomac Electric issues traded lightly.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Lanston
Potomacledtric Consolidated
Washington
Washington Rail Way and Electric
Federal National Bank
Potomac Electric Cons
Washington Railway and Electric Preferred
Washington Gas Br
Geotown Gas Cart
Ind. Is
Georgetown Gag Se
Columbia Gas and Blebe
Capital Traction Co. Ba
City and Sub. Ry
Metropolitan R. R Bs
Ry. & Blea
Balto
HI. Pow. Con
Mtg
P. Telephons
Mut. Co
Mkt. Co
W. Steamboat
Riggs Realty
Capital Traction Co
Wash. Ry
Elec. Com
Elec
N. and W. Steamboat
Washington Gas
Am. Tel, and
Tel. Co
Mergenthaler Linotype
National Bank
Columbia
Aessee
Farmers and Mechanics
Federal
Lincoln
Bigea
Washingtoe Aes
Trust Companies
Amer. Security & Trust
Natl Savings and Trust
Union Trust Company
Wash. Loan and Trust
Continental
Savings Banks
Home Savings Bank
Commerce and Savings
East Washington
Local Produce Market Prices Listed for Poultry and Vegetables
A regional market lists alive poultry with hens at 14 to 15 cents per lb and turkeys up to 20 cents, dressed poultry including chickens 20 to 22 cents, and various meat byproducts. Dairy and eggs show New York State cheese at 17 percent, Elgin butter at 31 to 32 cents, and eggs ranging from 24 to 40 cents per dozen. Vegetables and fruits cover potatoes, sweet potatoes, yams, lettuce, cucumbers, spinach, beets, and citrus with numerous prices per bushel, crate, or basket for nearby and regional varieties.
MENTIONED IN THIS ARTICLE
New York State
New
Elgin
Virginia
New York
N. C
California
Florida
Concord
Delaware
Niagara
New York Brussels
Hennery
Middle West
Treasury figures show deficit rise amid 1915 flow
United States Treasury reports end of day balances with net general fund balance at 118 million, total receipts 22.7 million, total payments 4.76 million, and a fiscal year deficit of 42.47 million. Also listed are asset totals, coin and bullion holdings, and banking reserves. Cotton market in New York declines early then recovers with January futures up to 11.58 cents.
MENTIONED IN THIS ARTICLE
United States Treasury
Seceres
Co .Ceese Canes Eee
Treasury
United States
Federal Reserve
National Bank
Phippines
New York
Washington Market Hog and cattle prices dated Nov 9
Washington and New York market notes show hog receipts around 31,000 with weak trading and prices from 6.20 to 7.40 for various hog grades, cattle receipts about 6,000 with weak demand and mixed beef steer and cow prices, plus sheep and lambs trading in limited ranges. New York reports similar activity with no trading on hogs and calf and sheep receipts and price bands for veals lambs and ewes.
MENTIONED IN THIS ARTICLE
Chicago
New York
New York Grain Market Report Summary
Wheat spot firm with No 1 Durum at 1.11 fob New York No 1 Northern Duluth at 1.08 and No 1 Northern Manitoba 1.0944 c i f Buffalo futures steady December 1.09. Corn spot firm No 2 yellow 74% prompt Oats spot steady No 3 white 42 41%
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Buffalo
Baltimore Markets Dairy Eggs Wheat Prices Report
Eastern Spot No 2 red and related wheat prices ahead in Baltimore market. Oats shipments and stock in elevators tallied. Poultry prices listed for alive fowl ducks pigeons and game birds. Butter eggs and dairy product prices given for Maryland Pennsylvania and Western regions.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Pennsylvania
West Virginia
Southern
New York Produce Prices Reported for Butter and Eggs
New York on November 9 shows butter receipts totaling 11 866 with creamery grades around 30 31 percent, firsts near 27 to 29, and seconds at 25 to 27. Eggs receipts reach 146 276 with fresh gathered extra fine at 39 to 40 and extra firsts around 36 to 39 and a half, with frata and $1 385 noted for seconds.
MENTIONED IN THIS ARTICLE
New York
Specimen Statement Offer For System Inquiries
The note invites readers to request a specimen statement or ask questions about the system. It promotes the method as worthwhile and up to date for business use.
Also Mentioned on This Page
Wall Street
Howard Billett
Arthur T. Hedley
New Haven
T. de Witt Cuyler
Philadelphia
W. Murray Crane
Edward Milligan
Hartford
John T. Pratt
Frank W. Matteson
Providence
T. Maxwell
Rockville
Conn
NEW York Stock Market
Cure Market
American Agricultural
American Tel & Tel Co
American Smelters
American Tobacco
Armour & Co
Atchinon Gen
Atchison Cotlantic Coast Line
Baltimore & Qhlots
Baltimore & Ohio cv
Hethiehem Steel Ref
Rooklyn Transit
Entral of Georgia
Central Leather
Antral Pacific
Thesapeakes & Onotos Hesapieake
B. & Quincy Joint
B & Quincy
Cheat Western
Stit
St BP
Mil Aro
T & I'ac Hy
Northwestern
Corade & Southern
Ss. Ag Hlers Securities An
Aden
Roorough Rauh
Evade & Nashville
Central
York Central
York State West
New York Railway Ad
Pola & Western
Norther Maciel
North
Ansikanta
Ig Keh Bibliog Steet
Deus & Sap Frain
Louis Southwestern von Ds
Air Tate
Seth My Baily
Tenaga Perle
Ven
Butler
Steed
Sage Varobing Heimeal
Havana
Elamies Powder
Milvate Steel al
Panama
Sis
Vukor
World Bilni
Baltimore Securities
Alouez Mining
Centennial Mining
Nat. Bank of Baltimore
China Mining
Alask2 Consolidated Power
Copper Range Consolium Consolidated Pow
Wast Butte Mining
Houston Oil
T. C
I Franklin Mining
Houston Oi
Avanby Mining
Nevada Consolidated Mining
Panee N.Y. N
Ray Consolidated Mining
St. Mary's Mini Land
Superior Mining
IW. A
Mtv
Balt, & Annap
Utah Consolidated Mining
Utah Copper Mining
Wolverine Mining
Chicago Grain
Local Stock Exchange
Local Produce Market
Georgetown Gas
Potomac Con
Capital Traction
Wash
Washington Stillies Co
Mergenthaler
Lanaton
Wash. & Southern Bank
Continental Trust
Union Savings Bank
N. and
W. Steamboart
Washington Baseball Club
Miller ‘Fram Control
Gayety Theater
Graphophone Com
Crandall Amusement Co
Wash. Gan
Farmers & Mechanics Bank
Thomas L. Hume
Tel. M
Galveston
Mobile
Savannah
Charleston
Wilmington
Texas City
Norfolk
Indig
Houston
Memphis
Augusta
St. Loutany
Cincinnati
Little Rock
Dallas
Montgomery
Washington Cattle Market
NEW York Grain
Ank
Ifederal National Bank
Federal Finance
John Poole
The
Riggs National Bank
Penn. Ave
U. &. Treasury
Washington Loan & Trust Company Cor
Jobn Joy Bsdson
Broad Street
Equitable Co-Operative Building Association
Equitable Building
N. W
John Joy Edson
Frank P.reeside
Kathedion
C. R. Bergmann & Co
Investment Securities
Broadway
N.W
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
MAX B. Borg & CO
Broad Street, New York
Bovfikern & Co
Kvars