Industry Dispatch Portrait Of 1925 Utility Expansion
A Canton Daily News dispatch from June 9 1925 surveys U S energy and transportation, noting record gas and electricity use, railroad traffic stable, and bus competition fading as traction firms push feeder routes. It reports rising electric plant construction and improving profits in electrical equipment and leather goods while coal and antracite wage talks loom.
MENTIONED IN THIS ARTICLE
Canton
Newa
New York
Smackover
West
New England
Financial Doctors Prepare A Multi Million Dollar Operation
B C Forbes outlines plans for the St Paul railroad reorganization with critics warning of massive fees and graft in receiverships. He notes Congress may tackle legislation on failures and receivers while consolidations rise in retail and groceries amid favorable can stock and low sugar prices.
MENTIONED IN THIS ARTICLE
B. C. Forbes
Canton Daily News
New York
St. Paul
Washington
Interstate Commerce Commission
Jerome J. Hanauer
Kuhn, Loeb and Company
Charles E. Mitchell
National City Bank of New York
Congress
Wholesale Poultry and Butter Market Rundown Chicago June 9
Butter receipts and egg prices dominate the Chicago listings with creamery extra and firsts at about 42 to 44 cents, eggs around 28 to 41 cents depending on grade. live poultry weights include turkeys roosters and chickens. Cleveland and Pittsburgh markets show onions prices from 3.50 to 8.40, potatoes up to 2.35 per 150 pounds, and assorted cheese and produce figures for regional buyers.
MENTIONED IN THIS ARTICLE
Ross Butter
Chicago
Rem
Cleveland
California
Louisiana
Texas
Steen
New York
Michigan
Mack
Alabama
South Carolina
North Carolina
Georgia
Virginia
Maine
Ohio
Old York State
Pittsburgh
Ohto
Pennsylvania
Reese
Canton Stocks Lynn Plant Move Rejected
June 9 Canton reports the Borkum and Glott Shoe Co. rescinding plans to move its plant to Boston and deciding to remain in Lynn amid a modest improvement in regional industrial conditions.
MENTIONED IN THIS ARTICLE
Lynn
Borkum and Glott Shoe Co
Boston
Wall Street Tries to Force Down Rail Shares
In New York June 9 investors tested the market with heavy selling of railway shares and speculative industrials. The effort yielded limited success with no broad weakness, while government support appeared in French francs and Treasuries rose to fresh highs. May earnings were weak, but dividend safety remained intact amid a broader dull bond market and expected drought impacts on crops.
MENTIONED IN THIS ARTICLE
Stuart P. West
Canton Daily News
Wall Street
New York
Stock Exchange
United States Treasurys
Liberty
Treasury
Ook Ook
New York Curb Market Mixed Amid Strengths and Pressures
June 9 1925 New York curb market showed mixed moves as oils led gains with Humble and Gulf Oil rising near 2 and 3 points. Utilities fell freely while National Power and Lehigh dropped, Pathe Exchange climbed near record highs, and Chrysler slid about 3 points amid motor sector pressure.
MENTIONED IN THIS ARTICLE
William F. Heffernan
Canton Daily News
New York
Humble
Gulf of Pennsylvania
Sun Oil
Jester-Foster
Lehigh
Pathe Exchange
Chrysler
New York Bonds Hold Firm Amid Market Weakness
In New York on June 9, high grade bonds remained firm despite stock market softness. US government issues posted new highs, with Treasury 3s and 4s quoted above prior records. Foreign bonds advanced on news of a potential security pact with Britain, while Belgian and German issues rose briefly. A Quebec province offering of 5 million 41-45 bonds yielded about 4.70 percent.
MENTIONED IN THIS ARTICLE
George T. Hughes
Canton Daily News
New York
United States
Treasury
Brooklyn Edison
Kansas City Power and Light
Ann Arbor
Wabash
Great Britain
Soissons
Belgium
United Kingdom
Montevideo
St. Pau
Seaboard Air Line
Province of Quebec
Grain Market Opens Steady Ahead of Government Crop Report
Chicago traders awaited the late afternoon government crop report after an initial upswing in prices. Wheat rose on tight offers and bullish expectations, while corn faced early pressure from rain and cool weather. The government’s forecast calls for 1.275 billion bushels of wheat and 1.275 billion? produce last year’s 1.54 billion. Outside trade moved slowly as buyers stayed cautious.
MENTIONED IN THIS ARTICLE
Canton Daily News
Chicago
Northwest
Southwest
Ohio Valley
Indiana
Ilinois
Enid
Oklo
Pmte
Canton Berries Now in Market
Home grown strawberries appeared on local market stands Tuesday morning. Berries are not large but firm and sweet, selling at 38 cents per basket. Tomatoes and lettuce show slight price increases while lemons edge upward. Peaches and cherries less novel, cantaloupes larger and slightly cheaper. Butter and eggs unchanged, meats and poultry steady. Chicago wheat fell Monday on rain and temperature reports with ample U S supply. Locally grain prices unchanged.
MENTIONED IN THIS ARTICLE
Loral
Alz
Chicago
United States
Wool market firm as buying rises in Boston
Raw wools showed firmer tone with stronger demand from manufacturers for woolen goods. Fine fleeced wools sold up to 50 cents, half bloods 48 to 49 cents, 1-4 bloods 47 cents, and fired cloth wools quoted two cents higher than last week at 45 cents.
MENTIONED IN THIS ARTICLE
Boston
Cotton goods prices rise modestly on active inquiry
New York on June 9 reports a fractional advance in cotton textiles as demand grows. Print cloths 64 by 60 rose a quarter cent to 9 1/2, while 6 1 by 72s slipped an eighth to 10 cents. raw silks remained quiet with no price change.
MENTIONED IN THIS ARTICLE
New York
Cotton Opening Steady With Mixed First Prices
The market opened steady with uneven early prices. July at 22.28 cents, October at 22.40 cents, December at 32.476 cents, showing varied initial directions across contracts.
MENTIONED IN THIS ARTICLE
New York
Chicago and Pittsburgh Livestock Market Report June sales
U S Bureau market summary from Chicago Cleveland and Pittsburgh notes hog receipts 21000 head cattle 8000 head sheep and lambs with price ranges across regions. Hogs top 12 50 with heavyweights around 12 15 to 12 50. cattle with varied grades from 4 00 to 12 00. lambs 14 00 to 15 75. regional spreads include Cleveland and Pittsburgh quotes for steers cows bulls calves and sheep.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Bureau of Markets
Clevelan
Cleveland
Pittsburgh
Bond Opening Prices For Liberty Bonds In New York
Opening Liberty bonds are listed with first 4 percent at 102.20, second 4 percent at 101.12, third 4 percent at 102.30, fourth 4 percent at 102.25, new 4 percent at 107.5, and new 4a at 102.31, reflecting market activity on the opening.
MENTIONED IN THIS ARTICLE
New York
Liberty
Ohio veterans must file by Sept 1 for adjusted compensation
Ohio World War veterans who have not filed for state adjusted compensation must submit by September 1 to receive payment. The State Sinking Fund Commission announces the rule. late claims after Sept. 1 will not be paid. Total claims paid amount to 212,244 for 28,778,764.84 dollars.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Fire sweeps timber near Henry Fo plant
Firefighters battled a blaze at a timber plant site four miles north of a Michigan location on June 9 destroying an estimated $100,000 worth of wood. The fire, whose origin was not determined by press time, was brought under control shortly before noon. Local crews and state responders responded to the night incident.
MENTIONED IN THIS ARTICLE
Tron Mountain
Henry Fo
French brickmakers study American paving brick methods
French officials Leon Yeatman and Fauchon visited Canton to observe the Metropolitan Brick Co. and inspect American brick manufacturing. They plan to study the use of brick in road building, comparing to macadam and other hard roads, and will tour plants as far west as Chicago before leaving.
MENTIONED IN THIS ARTICLE
Canton
Metro
Leon Yeatman
Dicat Des Fabricants de Ceramiques de Fring
Fauchon
Metropolitan Brick Co
States
France
Ods
Peyrania
Chic
Cantonning
Service Medal Award Recipients Honored in Ohio Division
Telephone employees from the eastern division of Ohio Telephone Co. were honored at Forest Inn near Uniontown for long service. Charles Folsom of Akron earned 30 years and A. Foster 25 years. C. P. Cooper, president, awarded medals. two Bridgeport workers cited for bravery saving a child from a second floor fire. The southern division plans a similar event in Columbus on Thursday. western division ceremonies follow in Toledo.
MENTIONED IN THIS ARTICLE
Ohio Telephone Co
Forest Inn
Uniontown
Canton-Akroad
Charles Folsom
Akron
Foster
Er C. P. Cooper
Ohio Organization
Cipal
Vail
Bridgeport
Pany
Columbus
Cleveland
Toledo
Iron ore shipments rise in May despite demand drop
The May iron ore tonnage reached 8 313 984 by the Lak, up 1 700 000 tons from April 1924, while demand slumped and ships were ordered to dock. Export trade is more active, with pork products and market prices noted. Pacific Mills in Kerrville report full operation and a small profit. Oklahoma cotton acreage up 22 percent from 1924. United Lumber Yards forming a retail chain through mergers. Ripple Creek reports non-ferrous metal production about $100 000 above April.
MENTIONED IN THIS ARTICLE
Cleveland
Chicago
Ripple Creek
Coffee futures edge lower on midsummer market
In New York trading a coffee opening shows mixed activity with prices for July at 18.75 cents, September 16.60, December 15.85, and March 14.14 to 14.35 cents. Analysts note day’s retreat from earlier highs and fluctuating demand signals.
MENTIONED IN THIS ARTICLE
New York
Market Basket Specials Show Local Bargains Today
Canton merchants showcase bargains in the readers column with today’s special highlights. A local fish dealer offers one of the best offers visible on the first classified page.
MENTIONED IN THIS ARTICLE
Canton
Fis
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