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Canton Daily News in Canton, Ohio

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Newspaper

Canton Daily News

Location

Canton, Ohio, United States of America

Date

Jun 09, 1925

Page

16

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Canton Fis

Also Mentioned on This Page

Better By J Royer Tom Harry Askee American Ex Bank Belden Brick Su Bucher Gibbs Pi Central Steel Tate Ciizens Bidg & Son Anton Material Co Canton Stamp & Bn Co Janton Mortmwawe Canton Morris Lan Bank Os Dannemiller Pfa Diehord Dime Savings Bank First National Bank Geo WU Barter Bank Met Paw Brick Wee Eees Henry JL. Doherty Mempire GeéFr One ‘Pub Service Pia Ford New Hastings Malaga Marietta Harry HB Dean ISRO di Beer Ijver Harris Domestic Wisconsin Prick Sweltzer North Canton Reese Ole N. Y. Stocks N. Y. Curb N. Y George Schnackel Timken Builders’ Supplies Ohio Builders Milling Go Anton Jay Garry A Dean Nickens Zoi Boon Kuhns-Batchelor Co Glen Rock Pete Wiesens Ree Sens Wees . Ee Salt Creek Gibson Teck Hughes Tteen Sassees United Eastern Tee Standard Oil R. V. Mitchell & Co York Carib Syndicate United Verde Dubiller Dubiller Pee Eeee 14% 15 Bid Asked Freed Eiseman Fed Land Bk Ss Kelvinator Peewee Eee Davies Red Bank Continental Baking G & Fl Ut & Power Bolivia National Mower & Lt Brazil Arkansas United Lt & Power A Mexico Chile Rio de Janeiro &S Goodyear Denmark Dom of Canada Cities Service. Com Bankers French Republic Norway Queensland Dept of Seiiers Wilson, New United King Teeee Parant Pfd Railroad Industria Amer Agri Chemial & Miscellaneous Amer T & T Reo A Tee Coubee Beth Steel T Bane Brier Hill Steel Howe Sound DuPont Detroit Edison Woodley Oc Fisk Rubber Kane Grennan Grand Trunk GrandTrunk Ry Humble Oil Anglo-American Ulinots Centres Borne Scrymser Ne K C Power & Ltds Kelly Springfield Ss Buckeye North Amer Edison Cumberland Am St Sm & Rf Eureka Republic I & Pacific Jalena SignalCoil. Com Steel & Tube S Gulf of of Pastem Baldwin Loe Beth Stones Goodrich Chandler Prairie Prairie Goodyear Tire &S Ches & O Goodyear Tire &G Chi M & T Southern Line South Penn Kansas Kentucky Nebraska Sinclair Gen Electric Gen Motors Godrich Westinghouse FE Gt North Youngstown Gulf Steel Houston Oil Libby-McNeills Adson Morris & Co Harvester Swift & © Begs Netherlands Jordan Motor Switzerland Phillips Pet Pierce-Arrow Pullman Rep Steel Royal Dutch Savage Arms Sears-Roeb LKR Skelly Oi Sou Pacific Tabd& S&sana Studebaker Ohio Builders & Milling Coy Portland Cement Hinelar U Trans Ol! Union Pac U Ind Ale U S Rubber U 8S Steel Wabash A West Union Ms West Elec White Motors Kuhnes- Batchelor Co Uly P.m Arley Thy Tim Amer Multigraph Ae Rid Central Steel Freee City Ice & Fue Cleveland Railway Firestone T & R Glidden Co Goodyear T& R Aragon Refining Richman Os Win- Wiliams Hee Canton Berries Business Survey Kerrville Tex Oklahoma City Oklahoma Sacramento United Lumber Yards, Inc
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