Exchange Slump Limits Trading as Stocks Weaken
New York August 31 market activity slowed amid foreign exchange strains and European selling. Demand for sterling soared to 45% while other bills dropped, sparking fears of widespread credit dislocation and contract cancellations. Stocks moved irregularly, led by United States Steel and Bethlehem Steel, with gains offset by losses in Erie, Rock Island, and Chesapeake and Ohio. Bond liquidation dominated, total par value sales about 3.675 million.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Bethlehem Steel
New York Air
Studebaker
United States Steel
Erie
Rock Island
Chesapeake
Ohio
New Haven
Middle West
London
Reading
Londons Chase
United States
Wall Street News And Gossip From Aug 31 1925
New York city finance notes indicate a $57 million two year issue maturing in 2027 to redeem public-held securities. Erie Railroad shows strong July results with lower operating expenses and higher operating income. Boston and Maine extends notes past due Sept 3 with over 97 percent acceptance. Market shifts see declines in several steel and chemical stocks while Western Union gains on dividend prospects.
MENTIONED IN THIS ARTICLE
New York
Erie
Hine
New York Bond Market Summary and Price Quotes
New York bond market updates list numerous issues with prices and yields including American Agricultural, American Tobacco, Armour & Co, Atchison, Atlantic Coast Line, Baltimore and Ohio, Bethlehem Steel, Central of Georgia, Central Pacific, Chicago B and Q, Chicago Great Western, Chicago, Milwaukee and St Paul, Colorado and Southern, Consolidated Gas, Denver and Rio Grande, General Electric, Interborough Rapid Transit, Lake Shore, Louisville and Nashville, Missouri Pacific, New York Central, New York City, New York State, Norfolk and Western, Northern Pacific, Oregon Short Line, Pacific Tel and Tel, Pennsylvania, Reading, Republic Steel, Seaboard Air Line, Southern Pacific, Texas Company, Union Pacific, United States Rubber, United States Steel, Western Union, Westinghouse Electric, with various bond types and series.
MENTIONED IN THIS ARTICLE
New York
American Agriculturali Se
American Tobacco
Armour & Co
Atchison
Alchidon
Atlantic Coast Line
Baltimore and Ohio
Bethlehem Steel
Brooklyn Tranatt
Central of Georgia
Central Leather
Central Pacific
Chesapeake and Ohio
Chesapeake and Ohio Co
Chicago B
Quincy Joint
Quincy
Chicago Great Western da
Chicago
St Peoba
Mit
St P Wen
Chicago R 1
Pac Ry
Chicago and Northwestern
Colorado and Southern
Consolidated Gas Co
Denver and Rio Grande
Dindlers Securities
Qeneral Electric
Northern Lst
Mlinoig Central
Copnet
Interborough Rapid Transit
Interborough Met
Kansas City
Kansas City Southern Ref 58 Lake Shore Deb 4G (1931), Lignett & Myers
LorMard
Louisville and
Nashville
Texas
Ourl Treffic Cy Se
York Central
Rel &Lmp
New York Central
New York City
New York State
Norfolk and Western
Sorthern Pacine
Northern Pacific
Oregon
Raiway
Railway Wen
Texas Company Ev
Bacfloe Lats
Thrusemne
Adj
Union Pacite Ta Bay Lion Paritie
United States Rubber
Linted States Steel Ss
Virginia
Aarolina Chemical Wabish
Western Union
Westinghouse Electric
CURB MARKET REPORT OF WHEAT CORN AND OATS
New York markets show spot wheat easing with No 2 red at 1.09 percent, prompt No 2 hard at 1.10. Futures soft. September at 102. Corn spot No 2 yellow steady at 36 percent, oats No 4 white nominal at 42 43. Shipments and averages listed for Gut City Da vue and Duluth Manitoba regional prices.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Buffalo
Chicago
Guta
New York Money Market Rates and Bond Notes
New York money market figures show mercantile paper at 4 3 percent, sterling 60 day bills 4.5875, demand 4.55, cables 4.5875, France demand 6.02, cables 6.01, marks demand 80 5 cables 80 percent, rubles demand 34 cables 34 percent, governments steady, railroad bonds irregular. Time loans steady with 60 days 2 2 percent, 90 days 2 3 percent, six months 3 3 percent. Call money steady with high 2 low 1 percent ruling rate 3 last loan 2, closing bid 1, offered at 2.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
France
New York Stock Market Tuesday Aug 31, 1915
The New York stock market activity on Tuesday August 31 1915 shows gains amid broad buying. The index rose with strong demand in railroad and industrial shares as traders priced in wartime uncertainty and shifting commodity values.
Wealth from invention argues against heavy estate taxes
Holland reports on Abram Hewitt, Thomas Edison, Norman Ream, and Henry Huntington arguing that heavy inheritance taxes would not increase state revenue, since wealth creation through industry benefits many. Hewitt notes invention creates vast shared wealth. Edison cites his lamp as example of public wealth vs private gain.
MENTIONED IN THIS ARTICLE
Nation Ricker
Edison
Ream
Bessemer
New York
Federal Industrial Commission
Walsh
Abram & Hewitt
New York City
Congress
Hew!tt
Mr. Hewitt
United States
Hewitt
Henry Bessemer
Sir Henry
Thomas A. Edison
Norman
Aide
National Wealth
Auntington
Holland
Capital Traction Railroads and Linotype Stocks Change Hands at Noon
Local stock exchange report shows Capital Traction Railroads at 106 percent for $500, and Mergenthaler Linotype two shares at 180. After call, Lasiston Monotype offers 20 shares at 90, 20 at 80, and 10 at 20.
MENTIONED IN THIS ARTICLE
Capital Traction Railroads
Mergenthaler Linotype
Lasiston Monotype
Treasury Bonds and Stocks Include Diverse Issues
The United States Treasury report lists various bonds and stocks including Georgetown Gas, Washington Gas, Potomac Electric, Am Tel Tel, and D. of C Paper. It shows current prices and yields, plus a detailed balance sheet with receipts, disbursements, and total assets and liabilities as of the previous day.
MENTIONED IN THIS ARTICLE
United States
Treasury
General Fund
Federal Reserve
National Bank
Philippines
Grain and market report from Philadelphia and Chicago
Philadelphia markets show butter steady eggs firm cheese firm while wheat falls. corn steady and oats lower. Chicago wheat hits new low on liquidation amid favorable weather. nearby futures mix with declines in corn and varied gains in lard and ribe.
MENTIONED IN THIS ARTICLE
Philadelphia
Baltimore Markets Grain and Livestock Prices Report
Baltimore markets list weak wheat prices for No 2 red and various on grade and spot figures. Poultry eggs butter and dairy product prices across Maryland Pennsylvania and the West are shown with ranges for alive poultry and eggs by region.
MENTIONED IN THIS ARTICLE
Baltimore
Western
Southern
Sxample
Maryland
Pennsylvania
West Virginia
Livestock Market Reports From New York and Chicago
Aug 31 cattle and hog markets show receipts and mixed prices. New York bids list weak calves and sheep with limited trading, while Chicago reports steady cattle and hog ranges with strong calf values and broad slaughtering figures.
MENTIONED IN THIS ARTICLE
New York
Gnicaxo
Cottonseed Oil Market Report Shows Summer and Winter Prices
New York on August 31 reports prime summer yellow trading at 6.80 for August and 6.81 for September with subsequent months at 6.72, 6.75, 6.78, 6.90, 6.93 and 11 for March. Prime winter yellow and prime summer white appear with listed values including 5.90 and 6.75.
MENTIONED IN THIS ARTICLE
New York
Eoee
Copper and iron market report from New York and London
The metal market shows steady copper with electrolytic at 13.00 in New York. London spot copper priced at £68 10s and futures at £69 16s 5d, electrolytic £72 4s 10d. Iron prices steady and unchanged.
MENTIONED IN THIS ARTICLE
New York
London
Washington cattle market report snapshot
Hogs total 743 head with moderate price action as buyers show steady demand. Sheep and veal calves appear lightly tested with calf weights around 104 and lambs near 3 914, reflecting typical seasonal market activity in the Washington area.
Trade balance reaches high for week ending August 18
The weekly imports and exports report shows a favorable balance of 33.27 million dollars, the strongest since March 13. Exports totaled 80.31 million dollars while imports reached 27.04 million dollars, reflecting a substantial gap in favor of the nation.
New York Cotton Rises Firm After Mixed Trading
New York August 31 The cotton market shows renewed activity and firmness as prices rebound from yesterday. December contracts reach 10.20 per bale, near top levels, with futures in October at 8.85 to 9.67 and a late broad range around 10.60 to 10.79, signaling strong demand.
MENTIONED IN THIS ARTICLE
New York
Sovernment
Local stock market notes show sparse activity and small trades
Securities were largely neglected on the local stock exchange yesterday with limited interest. Regular stock rose to 8 3/4 bid 75, trades scarce. 50 shares sold at 80 after hours. Graphophone common traded 0 to 1 but no offers. Capital Traction 6 bond at 108 1/2 sold. Washington Gas firmer but no eager buyers.
MENTIONED IN THIS ARTICLE
Morgenthaler
Washington Gas
Capital Traction
Postal branch on Pennsylvania Avenue urged by retailers
The Retail Merchants Association's postal facilities committee pushed for a Washington post office branch on Pennsylvania Avenue. A letter to new postmaster Merritt Chance, signed by Isidor Grosner, asks immediate action on merchant requests, noting over a thousand businessmen support the idea. Chance, sworn in today to succeed Otto Praeger, reportedly has an open mind and will consider the letters with care.
MENTIONED IN THIS ARTICLE
Retail Merchants Association
Pennsylvania Avenue
Washington
Merritt
Chance
Army and Navy News Relievees and Leaves Authorized
Military personnel receive duties reassigned at Fort Sill and Panama, with Lieuts Bertram Deck Whit and William Meinthroft to Seattle for duty and adjutant general reporting. numerous leaves of absence granted or extended for two months or ten days, resignations accepted for First Lieut John Lunn and First Lieut Fred H Coleman, and aviation detail contemplated for William Forr Firth through various posts.
MENTIONED IN THIS ARTICLE
Bertram F Deck Whit
Medical Corps
Fort Sill
Seattle Wash
Fort Lixcum
Alsaka
William B Meinthr
Adjutant General
United States
Ricard J. Zerman
Taghth
Edward J . Moran
Eighth Infantry
Haere
Fieur
David C Seagrae
Trent
Martin G Wibe
James BR Pourid
Ralph BS Parrott
Twenty Fourth Infantry
Grosvenor L. Townsend
Infantry
James Mo Fulton
Coast Artillery Corps
Coast Defenses
Panama
Co Ap
Felton
Coast Defense
Gorffrey Bartlett
Artillery Corps
119Th
Thomas M Spaulding
Wilson G Heaton
Guadermaster Corps
John Lunn
Flest Artillery
Dix
Almence
Easton E Gibson
J& DE Grasse Catlin Firat Infantry
Firat
Fred H | Coleman
Ordnance Department Cavalry
Naval Orders Detachments and Transfers 1915
Navy Department notices list officers and enlisted personnel detached or assigned. Transfers include Lieut Harold Jowes to free months leave, Lieut Fisher and Lieut Hyatt detached to steam engineering, Mahoney and O’Brien to training at Newport, Splole Jr. to Min Pec an, Jacobs to competition at Pennsylvania and aboard when commissioned, Furey to Missouri, Connor to Washington, and pay clerk Timmons reassigned to Alabama, with Marine Corps noting Col Williams detached to American Legation in Peking and Capt Chamberlin detached to Broa.
MENTIONED IN THIS ARTICLE
R H Leigh
Bureau of Steam Engineering
Navy Department
Washington, D. C
Harold Jowes
Bt Louie
J. O Fisher
Bureau of Steam Engieering
Mary Department
C. R Hyatt
Boatswain
John Mahoney
Fish Hawk
Jr. O'Brien
Newport
Fiel Gummer
John Splole, Jr
Navy Yard
Washington
Simon Jacobs
Pennsylvania
E. W 'Furey
Missouri
Gunmer
William Cox
Norfolk
Rhode Island
Gummer
FW. Connor
Mavy Yard
C. C. Timmons
Tennessee
Alabame
Marine Corps
Don Williams
Marine Detachment
Feking
Tulted Sinter
P. KE. Chamberlin
New York Produce Prices August 31 New York
Prices for butter eggs cheese and meat items listed with receipts, quality grades, and per unit ranges. Creamery butter shows 92 score extras at 27 4, eggs steady with extras 23 4, cheese firm with state white milk flats at 13 4, pork firm, beef steady, lard firm in Middle West markets.
MENTIONED IN THIS ARTICLE
New York
Hermitery
Hennery
Middle West
I Will Sell 92,000 Capital Traction Related Bonds
A list of securities with prices and yields including 92,000 Capital Traction 5 at 108 and 85,000 Washington Railway 4 at NJ, 3,000 Georgetown Gas 5 at 1035, 20 Capital Traction at .25 Wash. Rev. pid. at 82, 25 Wash. Hwy. com at 36, 108 Wash. Gan at 7114, 400 Washington Utilities Co. at 22, 10 Mergenthaler at 170%4, 25 Laonton at 83, 10 Continental Trust at 11845, 20 Wash. & Southern Bank at 0814, 40 Munsey Trust at 95, 10 N. & W. Steamboat at 162, 10 Wash. Exchange Bank at 12, 15 Farmers & Mechanics Bank at 25244, 109 Washington Baseball Club at 1614, Gayety Theater at 155, 1400 Mier Train Control at 1%, 10 Grapho com at 3.
MENTIONED IN THIS ARTICLE
Capital Traction
Wash. Rey
Georgetown Gas
Wash
Wash. & Southern Bank
Munsey Trust
N. & W. Steamboat
Wash. Exchange Bank
Farmers & Mechanics Bank
Washington Baseball Club
Gayety Theater
Mergenthaler
Lanaton
Farmers & Mechanien Bank
Continental Trust
Graphophone Ptd
Thomas L. Hume
Tel. M
Untitled Navy Personnel Note on Arrival to States
Fragmentary OCR records mention Lieut John Teon and Lieut Archibald Young arriving in the United States. References to naval detachments, Mare Island, Guam, and Marine Barracks San Diego appear in a garbled line. No clear dates or actions are discernible beyond arrival and station references.
MENTIONED IN THIS ARTICLE
Tyn
Mare Island
Cat
Allis
Naval Guam
United States
John Teon
Marine Lmcracker
Archibald Young
Marine Barracks
San Diego
Movements of Naval Vessels Reported From Multiple Ports
Naval orders list numerous ships and destinations including Sauled Kentucky sailing from New Haven to Philadelphia Mayflower, Washington routes to Hampton, Raleigh from Mazatlan to Topolo Datipa, Hirmingham Paiding, Trippe Burrows and others to sea south of Dakota, Bar Harbor to Montane and Gardiner's Bay stations, with numerous vessel names and port calls noted.
MENTIONED IN THIS ARTICLE
Sauled
Kentucky
New Haven
Philadelphia
Mayflower
Washington
Hampton Reade
Raleigh
Mazatlan
Topolo
Neapeague Bay
Terry
Hee
Gardiner's Bay
Standish
Annapolis
Gloucester
Brooklyn
Cyclops
Dorfolh Jagie Et Port Au Prince
Parker
Norfol
Galveston
Chefoe
Helens
New London
Yanktown
Hampton Reads
Proteus
Cristulal
Lane to push water power and lease law reforms
Secretary Lane plans to urge Congress to pass a general water power bill and a national leasing system for coal oil and other public land resources. He said both measures likely will be enacted after House approval earlier. Also announced Wilmington Coast Line appoints J E Wikloughb as chief engineer succeeding E B Pigagants.
MENTIONED IN THIS ARTICLE
Lane
Congress
House
Senate
Also Mentioned on This Page
U. S
Wall Street
Boston and Maine Railroad
Nooh
Lackawana Steel
Crucibie
American Lineedd
American Car and Foundry
American Beet
American Coal Producte L
Bethleham Steel
Ashton G. Clapham
Arthur Lee
James A. Cahill
Tucker K. Sands
Frank E. Ghiselli
Hebert V. Hunt
The
Commercial National Bank
Bank OF Personal Service Corner
Boston
Curb Market
Baltimore. Securities
NEW York Grain
Gut City
da Vue
Alaska
Juneau
Atlas
du Pont
Emerson B
Goldfield
Havana Tobacco
Havana
Lake Tornedo
Lehigh C
Riker-Hageman
Old St. S
W. P. Pipe Bt
Cat St
Ind
Kans
St. Gil
Nebr
United Cigar Stores
United
Yukon Gold
Con Power
Con. Coaley
Houston OU
T. G
United Rys
E.londa
Baltimore City
S.a Gay
M and C
U. R and E. Co. L
U R and B. Co, Inc
BT City and SubWash
Alagha Uold
Allourz Mining
Hoston and
Maine
Upper Range Consolidated
Feng
Bute Mining
Franklin Mining
Unites . S
Tiong
Raene Carea Mining
Lavall Mining
Monro
Wousertine Sbroing
Can
Car, & FL
Coal P. Pf
Hide & L
Am H&l. Pf
Am. Tec. Sec
Am. Linseed
Am. Linseed Pf
Am. Lecomp
Am. Smelting
Am. Smelt, Pr
Am. Steel Fdy
Am. Sugar
Am. Tel. & Tel
Baldwin
Balt
Balt. & O. Pf
Batopilas
Beth. Steel
Beth. Steel Pf
Gl.w. Pf
M. St. F
N. W
R. 1
China
Crucible Steel
del, & Hudaen
Dist. Secur
Hrie Tsi
Gen. Motors
Selzos Wtaoe
Goodrich, B. F
Oodrich Pt
Gt. North Pf. Pitas
Agricul
Agriculpf
Inter Met
Inter. Met
Snap
Inter. Con
Int
Har
N. J
Inter
Lack
Salon
Hteh
Laclede Gas
Lehigh Valley
Long Island
Maxwell M Co
Miami Copper
Pacific
Mont
Power
Pow
Nat. Biscuit
Nat. Blacult
Nat. C
Nat. B
N. C
Nat
N.r.r.ofm
Central
N.H
Nor
Weat
North. Amer
Boonorth. Pacific
Pacific Mail
Pac. Tel and
Penn. R. B
Phila. Co
Pitta. Contreper
Pitts
Press
St. Car
Pr. St. Carpfa
Ry. Steel BP
Ray Con
Rep. I
R. I
Tae Aed
St. L
Betpid
Roebuck
Bouth
So. Pac.otta
8Outh. Ry
Pfd Ag
Studebaker Pfd
Tenn. Copper
Texas Co
Union Pacific
Union Pac
D. G. Ptd
Ry. Inv
U. Ry. Inv
Rist Ptd Rosa
Steel
US Steel Ptd
Utah Copper
Car. Chem
Va. LC
Local Stock Exchange
United States Treasury
GAB
Aube
Geotown Gas
Georgetown Geo
Columbia Gasv
Elec
Wees Railroad
Capital Traction Co
City & Sub
E Metropolitan R. R. Be
Tel
C. Paper
N. & W. Steamboat Bs
Riggs Realty
Eléz
Ry. & Blec Pfd
T2y Amer, Tel. & Tel. Co
Lanston Monotype
Greene-Cananea Coppar
American
Capital
Columbia
Metropolitan
Riggs
Washington Trust Company
Union Trust Co
Wash. Loan & Trust
Continental Home Savings
Oliver
Local Produce Market
Chicago Grain
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Elgin
Tub
California
Florida
Expre
New Orleans
Mobile
Savanah
Charleston
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Malg
Repix Shipite
Houston
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Augusta Best
St. Loui
CineInnati
Little Rock
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Sailes
Augusta
Dall
Washington Cattle Market
Army and Navy News
ARMY
NAVAL
Washington Loan & Trust Company Cor
John Joy Edson
District of Columbia
Gutedge
Swartzell, Rheem & Hensey Co
Fifteenth Street
Coast Line
Washington Post
Wilmington
J E. Wik*loughb
Alabama
Loulaville
E. B. Pigagants