davidaulloa/AmericanStories huggingface dataset:
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
New York.
New Orleans,
NEW YORK MONEY.

New York. Feb. 5.-Can money today opened
Ia yer cent; high, per cent; low. III per cent
renewals. N per cent: ruling rate. N per cent
last. ~ per cent Continued easy marked trans
actions in time money, but conditions rers grn-
orally unchanged.
The volume Of business was hight and chiefly con-
fined TO the longer matuntesL Rates unAlter.d.
n Per cent TO n per cont for sixty days ~
per cent for ninety days, N per cent to per cent
for five and six months.
With commercial borrowing showing increased
trading in mercantile discounts remained a. light
Prime regular msturtias moved with ease
at , per cent. Institutions being eager buyers at
fbpaa tarr,s
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26

PHILADELPHIA GRAIN.

Philadelphia. Feb. 3-wHEAr-There was a fur
ther decline Of Sc in this market, dine to a light
demand and besr.sh reports from the West. We
quote car lots. In export elevator: No. 2 red SPOT
and February. Igal.3; No. Southern red liza
l9 steamer No. q red, LDsl-22; No. 5 red, Laa
LIZ; rejected A. l.l7ha.lsta: rejected B. Llsal.ls.
CORN-Corn sold slowly but ruled steady under
moderate offerings Following were the quotations.
Car lots for local trade as to location-No yellow
Nitasst steamer yellow aas; No. yellow r6a77 !;
No. yellow Tia7s. Cob. per 70 pounds 70.
OATS-Trade quiet and prices OF the top
grades were shade lower The quotations were
No. white. Easy; standard white. 53a54; No. )
white. Sass; No. white 50a5l; sample oats fats
purified oats graded, Esaa
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
LOCAL STOCKS
LOOK brighter
Trading Increases, Demand
Good and Prices Steady
or Advancing.
NEWS OF LOCAL MARKETS
Lanston Continues Slow Recover,
Following President Doves State
ment-Rails Pick Up.

With an encouraging increase In volume
OF trading and prices firm, the local stock
list yesterday took on a brighter aspect.
Dema was good, prices steady. and In
some cases appreciably higher, with
brokers showing interest generally.
Lanston continued its slow recovery and
Washington Railway preferred and
Washington Gas were in better demand.
Lanston opened at 81 3-4, sold to 10 and
closed with So "a bid and 70 IA asked.
Increased confidence on the part of a
circle Of local men in the condition OF
the company following a statement given
out by President Dove Is generally be-
leved responsible for the recovery Of the
past week.
Railway preferred sold at 81 "a. Wash
inston Gas sold at 1918 and n. and
American Security and Trust shares sold
at 259.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
NEW YORK PRODUCE.

New York, F-b. 3-FLOUR-weaker: dealings
inactive. Kansas straixhts, to arrive. in car
lots 560aS0o spring patents for February to March
5aoas.25; spring clears 55s5 80; soft straight to
arrive. Ssoa5.so. All quotations sack basis
in wholesale lots.
PORK-Steady; business Is quiet. Mess % T5a
100; family. 2.os2.O; clear l9.5oa9.D
BEEF-Stesdy; dealings moderate. Packet.
l7.5oalsO; family. laoosl9.oo; extra India mess.
2sUa950
LARD-StesdJ; demand Is inactive. Pims West
ern 1918; refined continent. LID: South American
lD; refined Brazilian. in kegs. l2&0; beef stearine.
los cents; lard steartne, dull at llH cents.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
FUNERALS.

Funeral services for Miss Margaret A,
Callan. who died Thursday, will be held
at her apartments in Rockingham this
morning at II O'Clock. Interment will be
at Mount Olivet Cemetery.
Funeral services for Mrs. Nellie P. Full
mer, who died Wednesday at the resi-
dence of her son-in-law. Joseph Bosse
100 Linden street. Camden. n. J., will be
held at Congressional Cemetery this an
ernoon at o'clock
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
NEW YORK GRAIN.

New Yort. Feb. 3.-wHEAT-strongcr; fair busi-
ness. No. Northern. E. o. b., LOO; No. red
T. o. b.. ly1, to arrive; No. hard winter, LIE.
Z. o. b.. No Manitoba, {. o. b. l.47is; No.
mscuoni LII. Enportsrs took 1000 bushels
chiefly hard winter, spring and Manitoba.
CORN-F1rmer; fair inquiry. No. : yellow, al
rail. to arrive osli No. yellow. dln-dred. u
arrive, ssh, c. {. T.; No. kiln dried to arrive
SH. c. /. f. Importers took 5000 bushels, partly
outports.
OATS-FInner; business is fair. No whit.
nominal; No. white, fsSsajO; No. white. 4sbaa4s
elevator basis ungrsded. 4s1sas5a. Exporters took
500 900 bushels.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
BALTIMORE GRAIN.

Baltimore. Feb 3.-wHEAT-Rece4pts. 1913
bushels consisting Of 90 eoshels Southern and "a
bushels. Western: shipments from elevators, g ls
bushels STOCK IN elevators, lSs2yso basheis me
market opened frme, follows: Spot l2A
nominal; No, Western, D. nominal, and March
l2Sr. nominal.
CoRN-Receipts lS col bushels. consisting Of
lS.sSl bushels Western and $50 bushels new
Southern; shipmeuts from elevators. ma bushels
Stock in elevators, LtD.T bushels Prime Sal
Yellow is ouctshe at TSTlS per bushel. Cob corn,
new, Is quotsble at 3.s5si.oo per barrel. The mar.
set opened frrner. Spot 7ea. nominal and April
7p+. nominal.
oATS-Receipts. 1851 bushels; withdraw from
elevators, $50 bushels: stock IN elevator Gil Sc
bushels. Prices were: Standard white 81; No
white. 50, and No. white, Ea4s
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26

per bos-. 6os1e s.; DO. per bon. Lsss1n; s-zps
tuit. pG box. sooss-D; lsnons pu bon. 1ns<-Ri
ossns@. Aoos1l1; cesnecs. Fla. pr oxtsl fGssJ9i
pineppses per ersx s.bssJQ
LIVE sroCK-val calves prime. per n. Han
Do, medium, h, loAlos; sprtnS lambs. per h, O.
DRESSED GoODs-Dressed hoxs snail. per u.
10; do, medium, per ID. 81
HAY. STRAW. AND OORN-Hay bes, tno<ay
pr ton. laoe; mixed per ton rleox1soc; straw ps,
ton. iomsl5.0; Wheat sfrzw. per ton s-ni oorn.
osu. per boi. 90
sEEeS-Cio.a. red. per n. fzsslsA: do. slaks
per D.. 6sis; do. timothy. per b1a. seosAB
fed-top. per h. iiSal1; orchard gras, pG bus
Asa 3; baas rAs. per buA. In
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
COTTON MARKETS.

New York. Feb 5-Mor- reassuring adviees from
Washington led TO covering In the cotton market
late In the session today. after prices had broken
Into low ground for the movement earlier. May
Dropping 70 u-8 and July i. Is IN the afternoon.
Selling By the South led to apprehension that
the confidence Of holders Of the spot article had
been shaken, while it reported that SPOT vas
being offered at Boston at CONCESSIONS
Futures in the English market were steady at .
net decline Of to points. Spot here was quiet
and unchanged at n.30c; there were no sales.
Port receipts for the day were q 81 bales com
pared with 6,7Z bales year ago.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
Rails Pick Up in Wall street.

Optimism as to the outcome of threat
ened labor troubles on the steam rail-
roads was reflected in an increased de-
mand for these stocks on the New York
exchange yesterday. Summarizing the
market after close yesterday, In a letter
to w. B. Hibbs & Co. here. Logan &
Bryan said:
Heavy liquidation again occurred, but
the list steadied as consequence of
much scattered short covering and a fair
inquiry for the coalers. which was in
duced by reports In circulation to the
effect that differences between miners and
operators would be adjusted at a forth
coming conference.
The political news. while still conflict
ing, seemed to present a somewhat more
pacific aspect. However, many are in
cllned to await a definite outcome Of the
discussion now in progress between
Washington and Berlin before extending
engagements.
THE outlook. in our estimation, Is still
sufficiently cloudy to warrant contraction
of long lines, more particularly on the
swells."
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
CHICAGO LIVE STOCK.

Chicago. Feb 3.-HoGs-Reoipts @op head
market SLOW. Bulk. aBa3so; light Tsoas IS; slixtd
sloaso; heary. s.obas56 rough. ao6ss 70; pigs s5oa
CArILE-Receipts 500 head; market weak. Ma
tive beef steers es5zsso; stockers and f4cr~ s5,
In: cows and heifers, 325as. Is: calves. sasii5
shEEF'-Receints. lo.oO head market stsa.y
Wsthsrs. s.onss. "; lambs, 9.2sllA,
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
WASHINGTON STOCK EXCHANGE
Furnished by w. b. Hibbs a Co.
SALES

SALES.
Potomac Electric Cons s.. 81 90 At ~
Riexs Realty s. nons1. 500 al Ia
Norfolk and Washington Steamboat At ID
at I8. & at LIS. 10 at ISt
Washington Gas. 10 at u. at =. = al VA
Lsnston Monotyrs. % At GA 10 al Ga. % at 70
. at 70. 10 at 70. q al 70
American Security and Trust Company. 0 a
He at Zp
After call:
Washington Railway. rfd s at sE 3 at Is
70 at sk. at s&. ! at 81.
Capital Traction a. 500 at lB& 500 al 1854
GOVERNMENT BONDS
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26

Platinum thrown away by early
Spanish explorers. ignorant Of its
value. often Is found In eIcsvsting
foundations for new buildings in Co
lumbia. sometimes in sufflcient guam
titles 20 pay the cost of building
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
Mines Given to GERMANY.

Berlin. Feb. 25.-tvia London)-It is Of
Totally announced that Bulgaria has
given to Germany the copper mines in
the region OF Bor. in Serbia, for ex-
pioitation during the war.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
BALTIMORE STOCK MARKET.

Baltimore. Feb. 5.-The scare which carried some
holders Of oil shares OF their feet yesterday and
caused extensive liquidation and abrupt brssk in
quotations, hsd entirely disappsared when the
Stock Exchange opened this morning
me whole market was strong. but Cosden issues
led both In activity and strength. There vas
heavy accumulation Of buyinS orders overnight and
cancellation Of selling orders
STATE SECURITIES
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
NEW YORK CURB MARKET.

New YORK, Feb B.-rhs most important changes
on the Broad STREET curb were 70 lower prices,
and the market generally showed q weak tone.
Midvale Steel reflected sales against rights. and
declined from 70 G. The rights sold down from
ass TO Ia About $4,000 Of the bonds wsrs
traded IN AZ 90
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
Reading shows Strike Unlikely.

Belief that there would be no coal strike
was reflected yesterday by strength II
Reading on the New York list.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
BOSTON STOCK MARKET.

Boston, Feb. 25.-Ths market was strong on mod
rate dealings zinc and copper specialties ralling
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-26
Liverpool.

Furnished By n. l. Carpenter 4 Co
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-20

GOODS PURCHASED
ON SMALLER SCALE
Prices Still Rise, However, in
Textiles and Leather.

The commercial agencies, while re
porting trade activity well above that
customary AZ this season. say that the
purchasing movement which a while
PACK threatened 70 swamp producers
mas receded Price advances continue,
however, IN textiles and leather.
Dun's Review" says:
With sustained activity assured by
previous Unprecedented buying, the re-
cent abatement Of new business IN
some lines Is regarded with equanlm-
ny. More definite signs appear OF a
.aekening Of orders in textiles and IN
footwear and leather. but the recession
comparatively slight, and there IS
prospect that renewed demand may
ssuse further expansion. The lessen
Jag OF the strain comes at time when
PRODUCTION, owing to strikes and the
saortage Of labor and materials, is
selhg maintained with difficulty, and,
- outputs fall short Of requirements,
ne Change Is not unwelcome.
Advances continue in textiles, in
eAlner and in various other lines, but
iron and steel certain materials and
PRODUCTS are yielding, and relief from
Ae shortage Of supplies is indicated.
4, Commercial failures this week IN
ne United States are 34S, against 1856
a.. as week, 1872 the preceding week and
~ %g the corresponding week last year.
u these l55 were in the East, % in the
scuth, 70 West and 81 in the Pacific
Rates. and los reported liabilities OF
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-20

President Ripley of the Atchison
whose opinion is much respected in
Wall Street circles. apparently dis
agrees with many of the eminent fnan-
cial and industrial doctors of the East
who have recently made the pronounce
ment that the country's prosperity has
been divorced from the stimulus of war
business and is now standing or its
own feet. In a published interview in
Chicago, which received much atten-
ton in the Street yesterday, he came
out frankly in this fashion: "Our
prosperity is due almost entirely to
the war, and while it is mere guess
when the war will end or how much
of its stimulus will remain here tenn
porarily after peace. | believe without
any undue pessimism that this coun-
try Will get pretty hard jolt, and it
behooves everybody TO keep his fee. on
the ground" Mr.. Ripley, talking about
his property, estimated that Atchison's
net for the fiscal year would run be-
tween - and Is per cent. and he said
the reopening of the Panama Canal
would not affect the road until more
ships we're available, which he consid-
cred unlikely TO happen while the de-
mand for transatlantic carriers was
so urgent. When ships become avail
able for the Panama route, he thought,
however, that Atehison's gross would
be reduced 100000 10 $2,O00,OOO an
nually
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-20
READING AGAIN
LEADS TRADING
Sensational Rise Followed
by Many Rumors-Trad-
ers Favor Railroads.

With the reason for It's sensational
rise this week still unexplained Of
iicially Reading common again fur
nished the fireworks in yesterdays
stock market, and with IN. dealings In
other railway shares formed the bulk
OF the largest days turnover this year.
In all approximately 100000 shares
changed hands, the third million-shars
day of 1915 and the biggest total since
October 20, 1915, when 100000 shares
were sold.
Trading in Reading opened at double
par, or 100, and rose rapidly until II
touched the new high record price OF
l06 u. The transactions in this issue
alone exceeded PAS, 900 shares, approx
mately one-ffth of the total dealings
of the day. During the period from l
o'clock TO the closing hour a lessening
Of the demand for the stock was
noticeable and profit taking, coupled
with short selling, was followed by
decline below l02. The last sale was
at 1903, a net gain OF 81 for the day.
In the continued absence of Official
information 10 account for yesterdays
and Thursdays sensational advances the
Street heard new rumors as possible
explanations. One was that Henry c.
Frick was accommodating the stock; an
other had it that prominent operator
had engineered the rise on aggregate
purchases OF 100000 shares, a large
part of which he unloaded near the top
price. This operator has been con.
nected with activity in the shares o,
tire United States Rubber Company IN
the past.
There was also repeated the stories
of coming distributions OF some OF the
company's valuable assets, extra and
increased regular dividends and change
Of control 70 the Rockefeller interests.
A great deal OF yesterdays buying, as
on the day previous, was done by
brokerage firm whose customers specu-
lated heavily in some OF the war stocks
during their career upward.
One Of the reasons advanced FOR the
current heavy speculation in the rail-
way shares and those industrials known
primarily as "peace stocks" is the per-
sstent publicity given the reports that
the end of the European conflict IS not
so far away as many suppose. While
it is admitted in Wall Street that the
Allies will not seek peace on Ger
many's present terms it is believed that
these terms will sooner or later be
. modified as il becomes more anu more
apparent that the Teutonic efforts are
weakening.
With the stock markets activity CON
fined mainly 10 the railway issues and
a rising tendency in prices the opinion
is also gaining belief in financial circleI
that this market has at least absorbed
enough of our foreign held securities
TO prevent their being a further i'm
portant deterrent of efforts 20 advance
the standard shares. In view Of the
increasing earnings Of the big trunk
lines and granger roads the action Of
these stocks until recently has been q
source of disappointment TO the specu-
lative element.
Now, however, the Street abounds
with tips" on nearly all the rails
as the result of Readings skyrocketing.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-20
The Mystery Deepens.

The mystery Of the rise in Reading
was apparently no nearer solution last
night than the day before, despite an
other exciting day in the stock. The
failure to run down the numerous wild
rumors affecting that issue tended, il
anything, to intensity the mystery.
Reading started early with a block of
10000 shares selling at 100 at the open
ing, equalling Thursdays high price,
and by the end of the first hour had
climbed to 1861, which, as it developed
later, was the high level of the day.
Activity in the stock did not slacken
much, however, and it afterward fluctu-
ated widely, finally closing at l03, oil
81 points from the top, but still 3S up
on the day. In the last fifteen minutes
it became very erratic under influence
of profit taking and renewed sccumula-
tion, selling momentarily as low as
1917. The impressive thing about yes
terday's move in Reading was the enor-
nous volume of activity. Around 25O,-
600 shares Of Reading changed hands
during the day, constituting roughly
about one-ffth of the total turnover in
all stocks.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-20
New Rumors and Old.

All the old rumors and a crop OF new
ones appeared as Reading continued its
climb. On top of the story OF Rookie
Teller buying came report that Frick
interests were accommodating the STOCK
while still another rumor had it that
an important professional operator had
taken on 100000 shares of Reading for
his personal account As If these ru..
mors did not suffice, there was talk OF
a corner in the stock. No one placed
much credence in this offering. al
though it is unquestionably true that
the floating supply of Reading is com
paratively small, and may have con-
tracted since the present move began.
A house which has been buying Reading
all the way up from 50 was not so ac..
tive yesterday, although members OF
the firm let it be known that they were
still favorably disposed toward the
stock. This house was one Of the first
to become identified with the accumu-
lation of Bethlehem Steel, Cruclble
Steel and other war stocks in anticipa-
ton Of the big rise last year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-20
GOVERNMENT BONDS.
g nm or more against 10 last week.

$4,000 or more, against ITO last week
"Bradstreet's" has the following
"Activity is still the dominant feature
in practically all commercial and indus,
trial channels, and the phrase solo
ahead typifes conditions that buttresss
most lines of enterprise. Yet 1t Is
probable that in the current week new
business has receded somewhat by con
trast with the preceding superabundant
activity, and it is evident that while
buyers of essential staples are sun
concerned about probable future sup
plies, they are purchasing more slow
iy, first to guard against loading up too
heavily with stocks. and secondly they
are hoping that prices will recede.
This streak Of conservatism. run
ming, as il does, like thin line through
an otherwise exceptionally active stu
alton, is also due TO growing discus,
sions regarding prices having reached
zenith, TO persistent talk OF peace IN
Europe, 70 the desirability of predicat-
ing further moves on crop promises.
and in some respects to the failure OF
retail trade TO move freely, an incident
of cold, rainy weather"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-20
THE WOOL MARKET.


Philadelphia, May 10. - The local
wool market remains generally quiet
and only 4 few small sales have been
made. There seems to be lack OF
interest by manufacturers as well as
dealers. the latter preferring to wait
until there is a change for the better,
especially in prices. II they would
make concessions in prices many more
sales could be made, but they refuse
10 recede in any way 10 stimulate
sales. Mills in need Of supplies have
come into the market and are taking
a small quantity Of wool. Interest Is
chiefly centred in the West, where de-
mand for the new clip is increasingly
active and large quantities are being
taken az prices which in many cases
are relatively higher than those in the
East. Prices for average medium
woods in the fleece sections are held
a. from S5c 20 36;. Quotations are;
- Va ana vi~birsn seeces-Fine unsuhed.
o. ,a1. ieisine afr7,c. p blood. $50 3ir
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-20
Big Day in Rails.

The list Of railway stocks. in which
the shares dealt in ran into five fig
ures yesterday made an extremely i'm
pressive showing. The strength Of the
group, too, was conspicuous and con-
trasted rather sharply with the ten
dency of many of the war stocks.
While the majority of the rails failed
to hold their early gains, most of them
nevertheless closed the day at sub
stantial net advances. Erie's perform
ance, next 10 Reading, attracted most
attention. The turnover in Enc ran to
around 10000 shares. and gossip had
it that the big interests" who have
been playing Reading "a a speculative
medium were about ready to turn to
Erie. The stock sold as high as 4O's az
one time during the day and closed
liz points ND at 1894.