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Newspaper
Canton Daily News
Location
Canton, Ohio, United States of America
Date
Oct 31, 1925
Page
18
A severely corrupted OCR snippet presents unreadable text with scattered fragments and no clear names dates places or actions. The readable parts do not convey a coherent news item or event suitable for a summary.
Fruits and vegetables showed mixed movement with wax beans back on market at the same price as green beans. Lima beans declined to 60 cents, Bruccola sprouts common at 60 cents per basket, green olives at 20 cents per pound, and Chir lettuce around 16 cents. Potatoes held firm while wholesale and retail prices mostly unchanged. Wheat markets in Cleveland slipped Friday amid Chicago weakness and selling orders from major December holders.
In a flurry of market chatter B C Porbes reports on prominent bankers admitting they sold large stock portions before upheaval. Detroit optimism boosts General Motors forecasts. auto financing gains are noted with minimal auto loan losses. Tampa bank deposits surge. South Florida banks cited. Shanghai tensions ease with European safety intact. forecasts point to higher dividends. A San Francisco seminary note thanks press for aiding fieldwork.
Washington story reviews Dr. Henry J. Waters Kansas leader and long time editor. It notes farm income must come from current profits not rising land values. Eastern farms once thrived on rising land value whereas Midwest and West must focus on farming skills and tariff protections.
Pittsburgh and Chicago markets report butter prices about 57 to 68 cents a pound for prints and tubs, eggs around 49 to 50 cents, live poultry including hens and turkeys priced from 24 to 45 cents, with assorted dairy and produce items listed. Notes include regional variations in butter and egg receipts and poultry categories with volatile small-batch pricing.
Canton October 31 Wheat No 2 prices listed with prices for corn hay and straw. Poultry section by Harry Dean details dressed and live chickens hens and weights.
Wall Street ends a volatile week with Studebaker rising after dividend news. Heavy auto stock activity centers on Studebaker Jordan Hudson Willys Overland while rails steels and oils show mixed moves. Gains in Greater New York lighting and Anaconda contrast with late selling. cotton hits new lows as investors weigh French debt settlement prospects.
A report from the United Railways receiver covers the first eight months of 1924. It warns that a fare increase to seven cents may be necessary unless passenger numbers show a vast rise. The note comes amid broader notes of economic activity across several states with rail and industrial updates.
Boston raw wool markets start the weekend with an optimistic tone as domestic demand grows and Australian reports cite a strong Sydney market. Prices are generally firm with fine territory wools at 1.30 to 1.35 dollars per clean pound and Ohio delaines around 0.56 dollars in grease.
South Bend Oct 31 Directors of Studebaker corporation announced an extra dividend of 1 dollar on common stock and a quarterly dividend of 1.25 dollars payable December 1 to stockholders of record November 10. This sets the common stock at a 5 percent dividend basis.
Union Stock Yards Chicago Oct 31 hogs strong to a dime higher with Hecht hogs at 11.60 to 11.75 and choice heavy butchers at 11 to 11.45. packing hogs scarce but some lots above 10. cattle markets quiet with steers mostly lower. calves 12.50 to 13.75. sheep and lambs nominal with prime lambs around 15.50. Cleveland Pittsburgh and Chicago livestock totals show varied receipts and mixed price moves across cattle, hogs, and sheep.
A brisk curb session saw heavy buying across issues as traders pushed prices higher. News of Niger Corporation redeeming on January 1 sparked gains in convertible A and J shares, with strong interest in public utilities and Centrifugal Cast Iron Pipe. American Light and Traction and Southern California Edison posted sizable moves, while Stutz and Durant also advanced on dividend news.
Toledo reports wheat and corn prices with bid figures for 2 red and 2 yellow corn, oats and rye. Seed values for clover timothy and related futures listed. Chicago opening shows Wheat up on Liverpool strength with December at 1.47 and May at 1.44, corn marginally lower with December at 1.74 and May at 0.78.
In Alliance Police Court John Gorum was arrested by Patrolman Shillingburg on a disorderly conduct charge and taken to Sebring after the Mahoning county arrest. William Workman was fined one dollar and costs for violating a stop signal. Lem Duke paid a $10 fine and costs for intoxication. Thomas Conley was picked up Friday on an intoxication charge.
A group of Case School of Applied Science students from Cleveland arrived in Alliance this morning to witness the annual football clash with Mount Union College and the Case eleven. Visitors will be hosted at fraternity houses on the campus as the rivalry draws a big crowd. Mount seeks to rebound from last fall's defeat by the scientists.
Rev. L. Axe of St. Paul's Lutheran church will give a Reformation sermon Sunday morning in observance of Protestantism’s founding. The talk honors Luther’s 408th anniversary with many Lutherans recognizing October 3 as the date of his famous nailing of the theses.
Mr and Mrs Frank Carson of Wooster announce the arrival of a two and a half pound son at their North Grant home on Thursday night. Both infant and mother are reported to be doing well.
New York on October 31 opened the cotton market with Dec at 19.21 cents per pound, January at 18.52 cents, and May at 18.77 cents.
Liberty bonds opened with the 34s at $99.14, first 4s at $101.28, second 4s at $100.18, third 4s at $100.28, and fourth 4s at $102.10 as of October 31 in New York.
The New York market shows coffee opening prices for December at 18.12 cents, March 17.15, May 16.75 or 16.8, July 16.17 or .25, and September 15.74 or 15.75 cents. The data reflects monthly futures figures from Met. 31.
Gloom over French bonds eased as activity picked up in New York trading. Domestic issues advanced with Seaboard Air Line and Central New York bonds showing notable gains, while Denver Gas and Electric led public utilities with a rise of about one and a half points.
Halloween events filled Alliance with merriment as Beechwood schoolhouse hosted a social and a Halloween masque dance at the Alliance Country Club drew numerous couples. Mount Union faculty planned a party at Prof Eckler’s home while local groups met for teas and Sunday school socials across unions and churches.
Richard Erwin of Bowdil wins fifth place with Guernsey calf Springdale May Bonnie at the National Dairy Show in Indianapolis. The local club calf had earlier been first at Wayne County fair and first in a field of forty six at the State Fair.
Wilbur W Farber of Magnolia Ohio files suit in Star County Court of Common Pleas against John W Smith and unknown heirs seeking to quiet title to Lot 18 in Magnolia Village and to cancel a mortgage recorded in Volume 3 Page 485. Defendants must answer by December 5.
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