Bank Clearings Fall While Stocks Hold Steady On Exchange
Bank clearings dropped to 9 005 461 in a day of mixed results as rail and strike uncertainties weighed on trade. Foreign exchange shifted with francs and Serbian dinars in demand and sterling under pressure. Procter Gamble notes and utility stocks showed brisk trading while Liberty Bonds remained active. Local market totalled 517 shares and 5 000 in bonds.
MENTIONED IN THIS ARTICLE
Stock Exchange
Cincinnati Stock Exchange
Columbia Gas
Goodrich
Local Stock Exchange
American Rolling Mill Common
Preferred
Goodyear Tire and Rubber Preferred
Procter Gamble
Apear
Whitaker
Common
First National Bank
Cincinnat
Cincinnat! Gas and Electric Gold
Ohio Cities Gas Preferred
Market bulls rally as funds ease and steel leads gains
The market stayed buoyant amid 6 percent money and Sterling near 4 dollars with improving liquidity. W. E. Hutton & Co and Alfred Hill & Co report broad strength, short covering in Steel, and expect equities to rise further if money remains easy, with rails and copper stocks poised for participation.
MENTIONED IN THIS ARTICLE
Alfred Hill & Co
Market cautious on unloading tone and 6 percent money
Channer and Sawyer say in an unloading market with a firm tone driven by 6 per cent money. They warn that pools may be distributing stock and urge caution before making long commitments after six weeks of notable advances and potential technical reaction.
MENTIONED IN THIS ARTICLE
Channer & Sawyer
Market Sees Firm Tone As Troy Malas Rise
Roberts & Hall report a very firm market with three safe Troy malas noted and a fourth coming stronger. The observation suggests ongoing demand and price resilience in the current session.
Cincinnati stocks and bonds quotations on the Stock Exchange
Last official quotations show Procter & Gamble bonds and common stock, American Rolling Mill certificates and pref, Champion Coated Paper, Goodyear pref, Globe-Wernicke, Kroger G&B new pref, Paragon Refining, United States Can Common, Cincinnati Gas and Electric, and various utilities and rail issues with prices and percent values. Multiple firm names appear with pref and common listings, including Procter & Gamble 7s 1922 and 6s pref, and several Ohio and regional issues.
MENTIONED IN THIS ARTICLE
Cincinnati
The
Stock Exchange
Broadway & Newport Br
Columbia G
Fay & Egan
Procter & Gamble
Pereneey
Proteksh Avis
Costescone
Jpeguaaeeanane i
Mach
Cincinnat
Tobacco W. H
Corcoran
Victor
Ate
Towel Rai
Avecennacesers Es We Fay & Egan
Bewiieans
Cacersesengere Sercoreverere
Fenton U. C
D. Com
Eessepece
Fleischman
Gibson Art
Goodyear Tire and Rubber
Globe-Wernicke
Ales Rt
Jsscsesen
Green
Sons Wateh
Oan Do Partic
Sas
John Douglas
Én Kroger G
B. New
Paragon Refining
Procter & Gamble Com
Richardson
Sayers & Scovill
United States
Whitaker
Tso
Gia Kiewi
Io First National
C’ncinnati and Sub
Telephone
Cincinnati Gas and Electric
Cincinnati Gas Transportation
Columbia G. and. B
Ohio Cities Gas
Ohio State Aeons Com
SON
MMENG
Sinlacaiss
Prrianger
Little Miami
Medes Icc
National City Company
Wox
Securities
D Ask
American Tel
American Tobacco
Bethlehem Steel
Central Georgia
Cudahy
Federal Farm
Nederal Farm
Hocking Valley
Int. Rapid Transit
Liggett & Myere
Midvale Steel
Wteee Eenee
New York Central
Southern R
al A. D
United States Rubber Je
Cicinnati Stock Exchange
Whee Neee
Amer
Rolling Mill
Goodyear Tire Pre Prey
Kroger New Eeteeee
Procter & Gamble Seereren
Owen Tee li
Cin’ti Gas and Electric
Cin’ti Street Railway
Market outlook hints at higher sugar and oil stocks
A general list seems headed for better levels as steel holds near session highs and turnover remains heavy. Equipment stocks show strength with bullish chatter in oils, three groups viewed as recession buys. Sugar stocks may rise with market stiffening, and linseed bulls expect another sharp advance soon.
Market Rebounds as Call Money Drops to Six Percent
Westheimer & Co. credit a cheaper money supply for a bright market turn. Call money loans renewed at 6 percent signal easing while copper shares rise. Anaconda and Inspiration hit new highs and Utah advances 35 percent. Copper remains steady at 19 1 2 cents. Kennecott up to 33 4. Overall demand strengthens with profit-taking muting gains but mood remains buoyant.
MENTIONED IN THIS ARTICLE
Westheimer & Co
Strinconte
Sterling
Reichswehr
Utah
Kennecott
OIL SHARES MOVE AS ISLAND OIL RISES IN NY TRADING
Oil shares led activity on the New York curb as speculative interest shifted from industrial stocks to independent oils. Island Oil moved from 7 to 8 before giving up the gain, while Dominion Oil held at around 144% to 14%.
MENTIONED IN THIS ARTICLE
Island Oil
Dominion Oil
Big figures shown at Cincinnati Federal Reserve meeting
At the Cincinnati Branch Board meeting Manager L W Manning presented figures on the third Liberty 4s. The report showed 225000 coupons totaling over 1250000 dollars were passed during the month and about 18000 temporary bonds of that issue had been handled and exchanged, making over 75000 pieces processed.
MENTIONED IN THIS ARTICLE
Cincinnati
Federal Reserve Bank of Cleveland
L. W. Manning
Bank clearings and checks surge in Cincinnati area month
The report shows over 60 000 permanent bonds returned to owners and 130 000 pieces handled. The bank transit department processed more than 35 000 checks daily. Government tax payments exceeded 12 million dollars and transfers to Federal Reserve Banks and government topped 21 million. Total checks and direct to subtreasuries and Treasury surpassed 135 000. Clearings for Cincinnati Clearing House reached 340 249 275 with potential total around 450 000 000. The bank aided regional business, expediting payments and curbing speculative activity.
MENTIONED IN THIS ARTICLE
Cincinnati
Federal Reserve
Treasury
Washington
City Service Bankers Shares declare April dividend rise
The Cities Service Company Bankers' Shares announce a 53 875c distribution for the rod closing May 1. April 1 distribution reached 7 818 stockholders, up 825 from March 1 and 2 280 since Jan 1, totaling a 6 757 gain since April 1, 1919. Also, Cincinnati Clearing House Association session installed new officers led by W C Wachs as President and E A Seiter retiring.
MENTIONED IN THIS ARTICLE
Bankers
Cincinnati Clearing House Association
Association
First National Bank
E. A. Seiter
Fifth-Third National Bank
W. C. Wachs
Lincoln National Bank
Leo J. van Lahr
Provident Savings Bank and Trust Company
Duble
Leiter
Beazell and Chatfield Add Gordon I. Lowenstein
Beazell and Chatfield announce yesterday that the firm has added Gordon I. Lowenstein to its force. Lowenstein is a well known young man from this city and joins the staff as part of the expansion.
MENTIONED IN THIS ARTICLE
Beazell & Chatfield
Gordon I. Lowenstein
Studebaker Board Meeting Deters Stock Buyers
A late message to Fred McLaughlin of Channer and Sawyer says the Studebaker Board of Directors disappointed many buyers hoping for a large stock rise. The meeting was described as routine.
MENTIONED IN THIS ARTICLE
Fred McLaughlin
Channer & Sawyer
Studebaker Board of Directors
Liberty Bonds Market Shifts With Mixed Gains
Liberty Bonds rose with the first 4s advancing to 91.80 and 44s up to 92.98, while second 44s fell to 89.58 and 89.72. The third 4s gained to 92.98 as gains varied, the fourth 4s and Victory issues unchanged. Total sales under five million dollars.
MENTIONED IN THIS ARTICLE
Liberty
Wwee
Tnt
Ask
Panama
Philippine Island
Liberty District of Columbia
Seaten Een
Weaee
Canada
Paris
Cincinnati Stock Exchange Sheet Revised With New Names
The exchange published a renewed sheet yesterday showing member names in a reorganized layout. The update makes the list more legible and appears superior to the former sheet.
MENTIONED IN THIS ARTICLE
Cincinnati Stock Exchange
Exchange
Coffee futures hold firm amid near month short covering
New York April 6 prices opened steady as traders eyed improved spot demand after holidays. Near month and September contracts rose, with April to December values advancing and Rio and Santos markets showing mixed signals. Brazilian port receipts and Rio exchange trends appeared to influence sentiment while official cables noted a Rio decline and lower dollar value.
MENTIONED IN THIS ARTICLE
New York
Brazil
Sterling Exchange
Mey
Santos
Rio
Rio Exchange
London
Jundapahy
Newaseen
Aevise
Columbus Stocks Update
Columbus reports April 6 closing prices for Cities Service common 39 0 to 39 5, preferred 69 to 70, Ohio Gas at 44 in the last sale. The brief notes market activity for these securities.
MENTIONED IN THIS ARTICLE
Columbus
Cities
Ohio Gas
Financial market snapshot from St Louis and Chicago reports
Special Dispatch notes St Louis clearings at 24.96 million with time loans and discounts. Chicago clearings at 111.09 million with bonds and bank loans. Over the counter sales include Union Lights and P, Goodrich Tire, Ohio Traction, Cincinnati utilities, British bonds, Fourth Liberty bonds, and Victory bonds. foreign exchange rates and US government bonds also listed.
MENTIONED IN THIS ARTICLE
the Commercial Tribune
ST. Louis
Commercial Paper
New York Exchange
The
Commercial Tribune
Chicago
Union Lights. & P
Cincinnati (O
Goodrich Tire
Victory
Cescocnscecheis
Restone Cine, & Rubber
Oreiees Rman
Stockholm
United States
Cotton Seed Oil Market Dips After Opening Rise
New York April 6 Cotton seed futures showed erratic behavior with a protracted lard led rise followed by a broad market easing. Leading deliveries closed 7 to 11 points lower with 17,000 barrels traded. prices ranged from crude at 16.75 cents to summer yellow around 18.95 cents and July at 19.30 cents with several contracts remaining nominal.
MENTIONED IN THIS ARTICLE
Caive
P. C
Atlantic Coast
Baltimore
Do Prestate Eeet
Brooklyn Linereereeeres
Chesapeake &* Oheen
Chicago
Chicago & Northwest
Milwaukee & St. Paul
Chicago, Rock Island & Pacific
Delaware & Hudson
Denver & Rio Grande
Erie
Great Northern
Steem
Interborough-Metropolitan
Toro
Kansas City
Camara
Louisville & Nashville
Missouri, Kansas
Texas
Minneapolis & St. Louis
Missouri Pacific
New York Central
New Haven & Hartford
Aeuan
Norfolk & Western
Pere Marquette
Bekins
Seahouta Air Line
St. Louis
San San Francisco
Southern Pacific
Southern Railway
St. Louis & Southwestern
Union Pacific
P. Cc
Efotedes
Ajax
Alaska
Allis-Chalmers
American Car and Foundry
Wenne Ween Newene
Allies
Ial
Intern. Corporation
American Woolen
American Steel Foundry
Weet Ewe
American Sumatra Tobacco Tert Ewete
American Zinc and Smelting
Eel
Anaconda Mining Co
Associated Dry Goods
Atlantic Gulf
W I
Bethlehem Motors
Bethlehem Steel
Hanne Er Etateel
Bosch Magneto
Butte-Superior
California Petroleum
California Packing Ete
Central Leather
Cerro de Pasco
Ebeeeaaa
Chandler Motors
Chile
Chino
Coca-Cola
Eix-righ
AEW York
Turpentine and Rosin Prices and Stocks Reported
In Savannah on April 6 a turpentine firm reported $2.33 sales for 23 barrels with 6 barrels receipts and stock at 1,150 barrels. A rosin firm noted receipts of 10 barrels and shipments totaling 600 barrels plus 17,085 barrels in stock with bid prices ranging around 16 to 18 dollars and window glass at 19.
MENTIONED IN THIS ARTICLE
Savannah
Nec
American Liability Company
Also Mentioned on This Page
W. E. Hutton & Co
NEW York Stock Exchange
Colorado Fuel and Iron
Columbia Graph Ateee Ee
Consolidated Gas
Weeeweene
Hupp Motors
Continental Can
Continental
Candy Wee
Corn
Cccvs
Veeesedeeges
Apbees Pewee
Cructbia “Steel Cose
Renee Ewee Goodrich Co
Greene-Cananea
Gulf States Steel
Maxwell Motors
Mexican Petroleum Ett
Tartar
Miami Copper
Csc
Teen Ewne
National Conduit Cable
National Enamel and
National Biscuit
Seat
Enn Etenee
Pennsylvania Steel Philadelphia Co
Cccessseeeass
Pierce-Attow
ee+ Ray
Consolidated Wee Eee
Tone Emington Typewriter
Eses- Republic
Steel Tee Ee
Rere de Pref
Geeereses Wet
Royal Dutch
N. Was Terre Rere
Saxon Motors Wees
Sears-Roebuck
Ell
Sinclair Ol
Orda
Sloss
Sheffield Steel
A. Stromberg
Transcontinental
Studebaker Corporation
Ewes
Superior Steel Corpn
Tennessee Copper
Enanes
Seana Trobacco Products Corpm
Union Oil of Delaware
United States Realty
United States Rubber
United — Steel
United
Chase
Saeaee Avteen
Atteee Seeere
Ween Attees
Local Securities
Cas
Financial Notes
A. & J. Frank
Aetna Explosives
American Marcon
American Safety Razor
c+e. Allen
Pete Anew
Allied Oil
Allied Packers
Eerewaee
Nea
Bankers Senate
Canada Steel
Charcoal Iron
Tenne Cosden & Co
Curtiss Teen Eewenereses
Guffe GeleSpie
Houston Oil
International Rubbereen
Ana Petroleum
Kay Deenty
Lake Torpedo Boat
Lima Locomotive
Weeeewerane Lowes Inc
Ernee Eane Mag. Petroleum
Renee
Merritt
Metropolitan Petroleum
Midwest Refining
Deeeeses
Midwest Oil
Marland Refining
Steeee
Supalpa Refining
Salt Creek
Ewenee
Sequoyah Oiserettene
Neewetene
Simms Petroleum Water
Southwest Oil
Anneeeee
Standard Motors
Eeeee A
Tnewesees
V. Dop
Neweseaeree
United Motors
United Picture Produce
United Retail Candy
Ventura Oil
Renenetion
Wright Aero
Wyoming
Atlanta
Aemetes
Caledonia Bigge
Calumet and
Jerome
Consolidated Ane A
Owenteeee
Goldfield Ponsuiséated
rHecla Mining
Rede A
Jerome Verde
United Verde
Tonopah
Bank Reports
Ange
Charles E . van Riper
Consolidated Stock Exchange
Broad ST
Moore Oil
Ohio Cities Gas CO
Moore Oil Co
Claude Ashbrook & Co. Investment Securities
Union Trust Building
Central Trust
Cooper
Hunter, Evans & Duble Investment Securities
Union Central Building
Peter Perkins
Kriebel & CO
LaSalle St
Baldwin Fe
Baldwin Piano CO
W. 4Th St
American Telepron: & Telegraph Co
G. D. Milne
Ohio Oil Co
Standard Oil Co. of
California
Solar Refining Company
Standard Oil Companies
Standard Oil Specialists
Feazelle Chatfield
Virtu Rioor Union Central
LOS Securities
Conover
Dayton
Mercantile Library
W E. Young & Company
Investment Securities
Main
East
Pearl St
Ohio
Citizens National Bank
Main Sts
J. Ambrose Johnston
Cameron H. Sanders
Burton B.T
R.sers
V. Pres
Mgr
R Pke
Reas. LE
Gouncel
Firestone Tire & Rubber Co
Timken-Detroit Axle Co
Procter & Gamble Company
the National City Company
Fourth National Bank
Cleveland
Guardian
Cooper Corporation
Channel & Lawyer Investment Securities Union Trust Building
Columbia Gas and Electric Co
William W. Cohen & & Co
Exchange Place
J Foke City