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Newspaper
Canton Daily News
Location
Canton, Ohio, United States of America
Date
Jun 19, 1925
Page
30
The article discusses how livestock profits hinge on accounting methods, with farmers often seeking profits on feed and livestock while some experts warn only hogs may show strong returns. It notes high prices for beef and eggs, reduced hog slaughter, rising chicken production, and the varied impact of corn costs on farmers and packers.
New foiders push stocks higher as Miller Rubber rockets from 160 to 173 with no debt or loans. American Rayon Products hits fresh highs as artificial silk demand surges. Tubize Artificial Silk of America debuts at 200, Oppenheim-Collins tops 46 on strong 1925 earnings. Sery-K- class A and Kelvinator gain on refrigeration demand while Western Power and White Rock Mineral advance with Canada Dry Ginger Ale issues.
Cleveland stocks report from Ohio Builders & Milling Co shows price quotes for Portland cement plaster lime mason sand white pine lath building brick and mason lime with per unit costs. Prices drifted with July and October points noted for strip shingles and other materials.
San Francisco hosts the National Electric Light Association convention with about 6000 attendees. Citizens extol lavish hospitality as locals juggle duties amid pageantry and social events. The report notes a humorous Scottish grave digger anecdote and ends with a fading anecdote about a nap in a grave.
A long grocery list shows prices for fruits and vegetables such as tomatoes hot house lettuce celery onions and lemons with various weights and quantities. The text shifts to a speech critiquing utility leaders and praising regulation, stock ownership by consumers and workers, and calls for fair laws lower rates and better dividends.
New York reports quiet cotton goods trading with little price change. Print Cloths 9 64x60 and 10 for 68x72. Raw silks irregular with Japanese silk down and other grades up. New Orleans notes Southern pine mills cut output to 68 million feet. new orders rise 9.3 percent to 73 million feet. shipments and unfilled orders total 229.7 million feet.
The market shows mixed shifts with cabbage high and scarce while lettuce rises and peas and spinach ease. Butter eggs meats and poultry hold steady and grain prices report no changes per the Ohio Builders Exchange.
Chicago receipts include butters 38 42 cents and eggs at 29 31 cents for firsts with various grades. creamery tubs 45 cents. turkey and fowl prices around 22 27 cents. Cleveland listings show yellow onions at 5 to 6.50 a crate, potatoes by sack or barrel, and butter 44 to 47 cents, eggs 32 to 33 cents, cheese around 31 to 40 cents.
In New York this morning on June 19, coffee prices opened lower by 10 to 35 points. July at 18.55¢, September 16.15¢, December 14.800, March 13.850, May 13.28¢.
Opening liberty bonds in New York show 1st 4s at 102.21, 4% at 101.16, 3rd 4s at 101.28, 4th 4s at 107.12 and new 4s at 103.16 on June 19.
On June 19 the New York stock market pushed prices higher despite obstacles. Bond and bank data supported cheap money, with the New York Fed reporting reserves to liabilities at 83 percent. Pierce Arrow and automaker denials caused some losses, while Liberty bonds reached new highs and treasury issues climbed.
United States government loans rise in value with four issues hitting new highs for the year and the fourth 4 1-5 Liberty equalling its all time peak. Treasury 4s advance, tax exempt 3s gain, rail and industrials firm, copper bonds lead speculative issues, and foreign bonds vary with Argentine and Japanese issues noted.
Manchester sources report that the Manchester Traction Light and Power Co. will likely be linked with Twin States Gas and Electric Co. and Central Maine Power Co. through the Insul interests via the Middle West Utilities Co. The move ties major regional utilities under the Ineu group.
The Iron and Industry section notes mixed signals in steel demand, with hot weather boosting some sectors while others hold or retreat. Quotas and shipments vary by region from Pitts to Chicago, and market activity shows price shifts and a cautious outlook across producers, distributors, and mills.
Wheat No 1 Pie 1.72 No 3 1.72 Oats 1.00 Ear corn 9148 Straw baled 2. il Poultry prices set by Harry H Dean Chickens light 23 25 heavy 23 Geese 20d Belgian hares dressed 35c Spring chickens 25 28c.
U S Bureau Chicago June reports higher cattle hog and sheep quotes. Receipts 21 000 head in Chicago with strong bulk and top prices for cattle and hogs. Pittsburgh reports mixed gains while Cleveland shows steady to higher cattle and hog values across multiple weight classes.
Market report notes wheat futures choppy on Australian and Allied supply signals and Russian crop options for August and September. July and September wheat traded around 1.55 and 1.53 dollars, with corn futures near 1.09 to 1.10 dollars, while Toledo grain prices listed cash and future bids for clover, wheat and oats across several months.
In Massillon on Thursday June 19, several individuals were arrested for traffic violations related to overtime parking. Mary Hayden faced an intoxication charge as part of the day’s incidents.
A Burlington autos collision damaged vehicles belonging to Hstu Be James Randall at the D Street intersection Thursday afternoon. Randall's car sustained a bent fender and torn rod. Massillon, June ’s.
In Massillon William Orr's car collided with June Loughlin of Lake at East Main Street. Orr failed to signal before turning left, causing minor front end damage to the auto.
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