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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Nov 16, 1918
Page
6
Markets show stronger steel and more active trading with irregular price moves but an overall upward drift. Marine PFC declines and other speculative favorites slip back, uneven gains and losses persist among bystanders.
New York stock list shows Ramley and Alaska Gel among leaders with gains around 20 to 40 percent while many large names such as Kennecott and Mexican Petroleum show varying moves. The market summary notes mixed activity across industries, with rail and chemical shares contributing to choppy sessions and broad turnover noted in late trading.
The bond market shows broad activity with rail bonds declining and industrials irregular. Mer cantile Marine 6s fall to 101% then rebound, foreign bonds ease, and new money trends suggest downward pressure until a postwar building boom. Deposits rose sharply during war, with bank assets expanding as federal reserve financing dominated.
Local stock report shows Merghanthalar Tinotype stock advancing from 144 to 149 with bids rising to 149 and sales around 146 to 149. Lanston Monotype and Capital Traction active with varied bids and close prices. Washington Railway and Electric and other utilities mixed. Bond listings and other sector notes accompany a broad market snapshot including American Security and Trust and real estate stocks.
Market notes describe abrupt movements in cotton futures with quotes around November and December contracts. Mentioned are price levels near 284 and 1700 per bale, plus notes on advance payments and marginal changes after key trade dates.
Philadelphia markets show poultry and livestock prices with steady activity. The Metal Market notes New York pricing with spot offers around 20 dollars per ton and traders signaling mixed moves across commodities.
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