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Newspaper
Canton Daily News
Location
Canton, Ohio, United States of America
Date
Jun 27, 1925
Page
12
Canton Daily News reports a sturdy, hopeful view of the year’s end and the 4th of July break, noting steel activity in Pennsylvania and Birmingham, a surge in wool sales, rising auto output in places, and a robust expansion of U.S. exports and imports in 1924 reaching over 8.9 billion dollars with ongoing growth.
Canton June 27 Portiana cement standard finishes and plaster products listed with prices. Mason sand and washed sand options priced per yard. White pine lath brick and lime offered per unit. Strip shiner and related building materials priced. quantities and units indicated.
Henry Lythemerty and C o report public utilities data from Canton with figures for Cities Service Empire G and F Te Edison Ohio Public Service and others. The tally shows percentages and deb entries across several utilities, including 89 percent, 170, 120, and 101 values, reflecting rate or share changes.
Wholesale and retail dairy and produce prices across three markets. Butter and eggs list receipts and varying grades. cheese types noted. Live poultry with prices for turkeys, chickens, ducks, geese, and roosters. potatoes and onions with regional price ranges.
Bond market report from New York on June 27 lists opening prices for various U.S. government issues including first 44s at 102.33, second 4s at 101.14, third 4s at 101.27, fourth 44s at 102.31, new 4s at 107.20, and new 4s at 103.29. Note urges buyers in Canton to pursue better terms.
Market watchers report two new favorites on sale, currants at 20 cents a basket and raspberries at 55 cents a quart. Cherries remain plentiful at two quarts for 35 cents, with other produce at prior prices. Spinach lettuce radishes and peas are high quality. Butter wholesale price fell a cent but retail stays steady. Local dealers largely offered Saturday specials amid a mixed market following Greece and Canada crop news.
A readable list from Arcade Market shows numerous produce items with prices and vendors including Patitucci omnetans, New Texas onions, lettuce varieties, beans, berries, grapes, and apples. It also lists retail meat items such as rib, sirloin, round steaks, pork products, lamb, and poultry with unit prices and weights. The listings reflect a busy local market for groceries and meats with many entries and prices.
Wall Street ended a calm day with mixed results as industrials posted gains while rails fell. Investors watched for earnings hints amid thin volume and steady bond yields.
The New York curb market and Wall Street saw a surge of prices led by American Can gaining 10 points to a record $200 a share. Traders cited short covering and potential stock split talks as catalysts while autos and related issues posted yearly highs amid broad interest. French note expansion and foreign currencies had limited impact as grain and cotton markets stayed muted.
Bond traders focus on foreign list with French and Belgian bonds steady amid quiet general market. Greeks fall slightly, revolutions not as severe as feared. U S government bonds steady near highs. treasury 4 4s in demand. NY Central stocks rise while junior rails neglected. banks’ weekly Fed data show more U S government securities and fewer loans. Official NYSE bond list cites total daily sales of 5.17 million dollars with long term gains.
Boston market notes strong interest in foreign wools ahead of London auctions. Texas 12 months wools sold 1.30 to 1.35 dollars clean, range grease up to 48 cents at Merizon. Fine staple territory quoted 1.80 to 1.35 clean with Pennsylvania and Ohio delaines, scoured, five cents higher.
Hogs led gains in Chicago with top prices near 13.75 while weights varied. cattle showed modest gains with prime steers around 12.60 and cows up to 7.50. Cleveland and Pittsburgh reports mirrored steady to strong demand with lambs near 17.50 and calves mid-teens, highlighting broad regional strength in midweek trading.
Northern Ohio mills operate at about 65 percent capacity while Chicago district steel output falls further with furnaces closed in Gary and South Chicago. Wichita Kansas City air taxi service gains clearance via Swallow field as terminal. Louisiana fur production leads the nation with over 7 million pelts worth 6.33 million dollars. Central Michigan expects a heavy bean crop, and California range cattle move southwest in unusually large numbers.
The New York market reports strong demand for cotton cloths with little change in standard prints. Raw silk climbs with firmness both locally and in the Orient, as all grades rise five cents per pound.
Chicago grain markets show wheat prices collapsing toward week end after initial strength. Corn and oats slide as bears dominate, while spring wheat yields from the southwest appear favorable. Export demand remains light with Argentine crop figures influencing futures. cash wheat prices in Chicago and Toledo fluctuate with nearby contracts and weekly losses.
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