Wheat Market Trends In Cincinnati Declines Then Recovers
The Cincinnati wheat market opened lower on easier cables and bearish sentiment, then recovered with May gains and July up modestly from the previous close. Cash and futures mixed, with prices for various wheat, corn, oats, hay, and related commodities listed, including No. 1 red winter at 1.98 to 1.99 and mixed price ranges for corn and oats.
MENTIONED IN THIS ARTICLE
Cincinnati
C. Hay
Kansas
Timothy
Southern
California
New York
Florida
Ohio Incorporations List Includes Numerous Ohio Firms
A Columbus note lists multiple new corporate filings with state capital dates, detailing names such as Fair Furniture Company and Ohio Valley Bus Trad Me, with stated capitalizations from 1,000 to 607,000 and principals including E J Gonimen, Robert Kryver, and Ira Wagner, among others. The entries cover Cleveland, Columbus, Cincinnati, and other Ohio cities.
MENTIONED IN THIS ARTICLE
Ohio
Columbus
Fair Furniture Company
Ana
E. J
L._J. Gonimen
Naomi Panity Company
Robert Kryver
Max J. Rieser
M. Realty Compan
Yassenoff
Mack Feinkopf
Ohn C. Dwyer Company
Cleveland
James A. Brady
John Clinton Rubber Company
Akron
Lem N. Oberlin
Anna Onderak
Home Sync Company
Portsmouth
A. Reitz
A. B. Harwood
Euclid Nit
Siese
Arthur W. Manheim
Ehrhardt Leaf Tobacco Company
Verdalled
Carl C
Rachel A. Ehrhart
Gibb Petroleum Corporation
Lima
Ira E. Wagner
R. R. Trubey
essmann-Wenstrup Company
Cincinnati
Herman B. Wenstrup
John Wessel
Thompson Printing Company
Dayton
Herbert J. Thompson
M. J Brandenburg
Eagle Wholesale Grocery Company
David Lifehitz
William Borstein
Co. T. Gahn Company
Norwalk
C. T Gahn
Iies O. Gahn
Fuller & Co., Inc
B. Link
L. Rachel
Uls Ranch Company
Louis Rauch
Charles E. Rauch
Niarchos Seat Gee? Inc
Canton
Harry P. Rose H. Niarchos
Ohio Valley Bus
W R. Power
T. M. Hays
Cotton market recovers losses with buying and covering
New York cotton closes firmer as March contract rises to 24.06 cents and May and July peak in late trading. Spot house brokers buy March and October while selling May against March purchases. Trade notes suggests short interest built after recent declines and higher demand reports are viewed skeptically. Season totals reach 4,601,397 bales with 49,638 port receipts and 1,595,476 in state port stocks.
MENTIONED IN THIS ARTICLE
New York
Money rates drift as call and time loans ease
In New York call money shows easing demand with high 3.1 percent and low 3 percent, closing at 3 percent. Time loans also ease with 60 to 90 day notes at 3 to 3 1/2 percent and four to six months 3 1/2 to 4 percent. Bar silver trades around 42 1/2 cents per ounce and Mexican dollars at 52 1/2 cents. In London, bar silver sits at 82 1/2 cents and money at 3 1/2 percent with discount rates on short bills from 3 1/2 to 3 11/16 percent and three month bills at 3 13/16 to 4 percent.
MENTIONED IN THIS ARTICLE
New York
C. Ondon
Chicago Stocks Mixed As Market Opens
Chicago stocks list shows Armour preferred at 88, Libby McNeill 9, Middlewest Utilities 85 1/4, Swift & Co 115, Swift International 32 1/2, Union Carbide 68, United States Gypsum 126, Wahl 18 3/4.
MENTIONED IN THIS ARTICLE
Chicago
Armour
Libby McNeill
Middlewest Utilities
Swift & Co
Swift International
Union Carbide
United States Gypsum
Wahl
New York Curb Exchange Totals Show Stocks and Bonds Trade
Official list of New York Curb Exchange transactions details stocks and bonds traded. Totals report 477100 shares of stock and 1210000 dollars in bonds with Acme Packing Am. Leather and many others showing varied prices and volumes. Market activity reflects broad participation across industries and issuing houses.
MENTIONED IN THIS ARTICLE
New York
New York Curb Exchange
Acme Packing
Adiron’s P.&l
G.&e, New
de F
del. L
Dub C. & R
C. St
Brit.Am.Tob
Brooklyn C.R.R
Pipe Corp
Chatterton & 8S
Checker C. Mfg
Cleveland Auto
Com. Pow. Corp
G.&elb
Tob., Inc
Chapin Sacks
Bak. A
Aim
Lecakbecarehes
Aero P. Dtfs
Cuba Company
T Motors
Dub C.&r. Wi
Duz BC
B.&sh
Elec
R. Ge. B.C
A. St. A
Haz . Corp
Intedio
Coal Co
Y. C
Osee
Bos
N. Plate W.i
W.i
N. States
Omnibus C
Pathe
Penn. W. &P
B. Co
Radio Corp
West Util
St. W. New
Richmond Rad
Reo Motor Car
Rova Rad
Sierra Pac. el
Shattuck Co. Wi
Saf. Car P.&l
Sil. G. Pr. Ctf
Singer Mfzg
Sleeper R. Ctfs
Western Power
White Rock
Y. Taxi C. N.Y
South. C. & IL
Stutz Motor
Swift Inter
Swift & Co
Tenn. el
Thermiod. Rad
Thomp. R. Etfs
Tower Mfg. Co
Union Carbide
Un.g. & E.new
UN. Shoe Mch
Gee
Ieee Ae Ae Ward B. Co
Cincinnati Federal Reserve Board reorganized with new appointments
Following the December action by the Federal Reserve Board the Cincinnati Branch of the Cleveland Fed standardized and appointed new board members. An organization meeting on January 1 re elected Judson Harmon as Chairman and named L. W. Manning as Managing Director. The seven directors include four named by the Fed Board and three by the Fed Bank.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Cincinnati
Federal Reserve Bank of Cleveland
Judson Harmon
L. W. Manning
Federal Reserve Bank
Oakley Bank Names Stanforth Director at Annual Meeting
At the Oakley Bank annual stockholders meeting H C Stanforth was named a director replacing John Kempe who retired as President last September. Other directors were reelected: William L Gollins Henry Cordes Fred A Geier J C Hobart B B Quillen R Ruzicka Fred Schmidt August H Tuechter A W Williamson and William H Schieffele. The board will organize next Tuesday to elect President and officers. Reports suggest another director may be added at that meeting.
MENTIONED IN THIS ARTICLE
Oakley Bank
H. C. Stanforth
John Kempe
William L Gollins
Henry Cordes
Fred A. Geier
J. C. Hobart
B. B. Quillen
R. Ruzicka
Fred Schmidt
August H. Tuechter
A. W. Williamson
William H. Schieffele
Bower elected to Cincinnati Stock Exchange seat
At a board meeting yesterday Edward Bower of Otis & Company Cleveland was elected a member of the Cincinnati Stock Exchange. The board also approved transferring Alfred Hill's seat to his son Alfred R. Hill.
MENTIONED IN THIS ARTICLE
Cincinnati Stock Exchange
Edward Bower
Otis & Company
Cleveland
Exchange
Alfred Hill
Alfred R. Hill
Bankruptcies Rise in 1924 Despite Slight Debt Decrease
R. G. Dun report shows 20,615 U. S. failures in 1924 excluding banking suspensions and personal bankruptcies, with $543,225,448 in indebtedness. This follows 18,718 defaults in 1923 with $393,368,806 liabilities, a 10 percent rise in failures but debt up less than 1 percent.
MENTIONED IN THIS ARTICLE
R. G. Dun & Co
United States
General Asphalt may retire preferred stock convert to common
It is reported that General Asphalt plans to retire its 7,416,000 dollars of preferred stock convertible into common at 114 shares per one. Some think the company will place the common stock on a six percent basis, which could make conversion attractive. Dividends have never been paid on the common.
MENTIONED IN THIS ARTICLE
General Asphalt Company
United Prog Cmpany
Liggett’s International
D.imitea
United Preompany
Arenes
United First
Liggetts International
United Drug
Continental Motors reports 1924 profits and paid-in surplus
Net profit for the year ended October 31 1924 totals 2 502 522 equal to 1 42 a share on no par stock versus 1 937 453 or 1 08 a share in the prior year. Retired stock reduced equity and profit and oil surplus rose to 8 845 848 from 7 617 247 last year.
MENTIONED IN THIS ARTICLE
Continental Motors Corporation
Brokers Raise New York Loans to 1.75 Billion
In the financial district loans by two New York brokers are estimated at 1.75 billion dollars, about 94 percent higher than November 10. The small advance mirrors wider margins demanded in heavy trading with few traders operating on a five point margin compared with past years.
MENTIONED IN THIS ARTICLE
New York
Financial District
Missouri Pacific Expands Fleet With 128 Cars and 100 Locomotives
Missouri Pacific ordered 100 locomotives 7 000 freight cars 40 all steel passenger cars and 115 underframe cabooses while adding 1000 steel coal cars and 28 steel passenger cars. President L W Baldwin cites rising business in 1924 and optimism for 1925 to justify the spending bringing thirty day new equipment outlays to 12 million dollars and since September to 23 million.
MENTIONED IN THIS ARTICLE
Missouri Paciffic
L. W. Baldwin
Associated Gas and Electric announces new stock issue
The Associated Gas and Electric Company announces a stock issue of 200000 shares of class A common stock and 300000 shares of class B common. Holders of 190000 shares outstanding will receive in exchange the new shares as part of the restructuring.
MENTIONED IN THIS ARTICLE
Associated Gas and Electric Company
Aeolian-Weber stock actions and exchange proposals reported
The Aeolian-Weber Piano and Pianola Company declares a 1% dividend on preferred stock payable January 15 to record January 10. Reports show Fed member banks’ loans rising in the week to December 24 with New York activity offset by interior declines. Wells Fargo offers to buy all outstanding stock at 12.60 a share, open to January 31, with several large holders already accepting.
MENTIONED IN THIS ARTICLE
Aeolian-Weber Piano and Pianola Company
Arhog
Federal Reserve
New York
New York City
Wells Fargo & Co
Hartman Corporation December sales rise 22 percent
December sales of the Hartman Corporation reached 1,904,446, up nearly 22 percent from December 1928, boosting 1924 total to 19,658,991 an increase of 9 percent over 1923. Kinney Company annual sales also climbed about 16 percent to 16,345,633.
MENTIONED IN THIS ARTICLE
Hartman Corporation
Kinney Company
Minneapolis Flour Prices and GrainQuotes
Minneapolis millers report January 6 with unchanged flour shipments totaling 87 175 barrels. Prices list No. 1 Northern wheat at 1.72 to 1.76 with July 1.725 and May 1.74. Corn No. 8 yellow 1.194 to 1.20, oats No. 3 white 8 1 c, flax No. 1 3.06 to 3.10.
MENTIONED IN THIS ARTICLE
Minneapolis
United States Bonds Brief Market Update
New York January 6 Liberty 3 percent at 101 with bids 101-14 for first 4, 101-22 for second 4s, and 101-25 for fourth 4s. Do first 4s at 101-14, U States Treasury 48 at 100-21, Treasury 4458 6 at 1? unclear.
MENTIONED IN THIS ARTICLE
Washington Oil MI Iscellaneous
ke_ Brit
Amer. Oil
Carib Syndicate
Ans
Euclid SS Hesnk
Gulf
Baesee Bie
Lew. E
Aa. L. Co
Enn Beaver
En. O. C. New
Ted Banks
Toy
Creek
Creek Pro
Enez. Pet
Wilcox Oil
Woodburn
Woodley Pet
Remier
Teck Hughes
Belmont
Trin. Cop. Co
Apex
Fenden
M. Gilbert Mining
OMEST
McN.&l
Manitoba
Mor. & Co
Swift & Co
U.C. Cal
Web. Mills
HIGN
Bogota
Krupp
Arizona Globe
Jalumet & Jer
Cop
Cortez Silver
Black Butte Flor
Goldfield
T. G
Goldfield Dev
M. Hawthorne
Hollinger G
Howe Sound Co
Jerome V
Kay Copper
Mason Valley
Mohican Cop
Tional Tin
Nevada Hills
Nipissing
Ohio Copper
Plymouth Lead
Naconda
T. Fruit Inc
City Gas
Edison &S
General Pet
Gulf Oil
Aan
G.&e
Pennock Oil
P.S. Cp. N.J
P.s.e.&g
Sun
St. G.&e
N. Y
N.C
Rus
Canaria Copper Emma Sil
Golden State
Harmill D. Min
Indep. L. Mines McK
Dar. Sav
Parmac Pore
Ilg.&w
Ant. Lea
Hilds Co
leere&Co
New York
Jan
Liberty
U States Treasury
Treasury
Kingdom of Belgium
Acelebaie Wilson & Co
Yank
Columbus Stocks Move as Cities Service Prefers 80 Percent
Columbus market wires report Cities Service preferred stock traded around eighty percent with investors watching for further price movement amid a slow first trading week.
MENTIONED IN THIS ARTICLE
Columbus
Cattle and Hogs Mixed Results Across Markets January 6 1925
Cattle trading quiet on the local market with varied demand. Beef steers and heifers steady to higher while cows and calves show mixed prices. bulls weak. Hog receipts 6,799, prices down with packers cutting bids. pigs and roughs steady. Sheep and lambs light receipts with prompt sales and stable to firm prices.
MENTIONED IN THIS ARTICLE
Cincinnati
Chicago
Kansas City
Jan
Indianapolis
Ind
Charter Backers to Elect Board Meet in Linton
A City Charter Committee plans to elect a board and adopt a constitution at an organization meeting in Linton on January 26. Walter S. Schmidt and Phil Ziegler head the new board, with nominees to be submitted and charter supporters urged to attend.
MENTIONED IN THIS ARTICLE
The
Linton
the Linton
Walter S. Schmidt
Phil Ziegler
Cincinnati
Schmidt
City Charter Association
Ziegler
Means Taken To New York Feeling Better Says He
Gaston B. Means former Department of Justice agent was brought to Charlotte for a train to New York after an arrest on a bench warrant from Judge Lindley Means claimed to be improving from gall stones and said he felt better while federal agents and Deputy Marshal McCain prepared to escort him to New York Dr Charles Britt said he was fit for the trip despite another physician's ruling against transport.
MENTIONED IN THIS ARTICLE
Charlotte
N. C
Gaston B. Means
Department of Justice
New York
Concord
Lindley
Means
Marshall McCain
Charles Britt
Britt
Joe A. Hartsell
Liquor Case Continued for Schlarmmann in Police Court
Those of George Schlarmmann of 315 Millstreet were cited yesterday on a possession of liquor charge. The case was continued to January 14 as Schlarmmann claimed he was not at home during the raid and said the liquor was pre prohibition whisky moved from his former Newport saloon under a government permit. He was cited to appear and not arrested as previously reported.
MENTIONED IN THIS ARTICLE
George Schlarmmann
Millstreet
Schlarmmann
Newport
Cincinnati Stock Exchange Report Shows Mixed Loans and Heavy Bond Trading
Official Cincinnati Stock Exchange disclosures show loans offered freely with rates around 4% to 6% for various loan types and strong money supply. Daily stock sales totaled 2,596 shares with notable activity in Amer. Roll. Mill, Procter & Gamble, U. S. Can, and Kroger, while government and foreign bonds priced across multiple issues.
MENTIONED IN THIS ARTICLE
Cincinnati
Jan
Rae Saaeiten
Cincinnati Stock Exchange
Exchange
Aa Pe
Oday
Ldry
Mchy
Amer
Churngold
Eagle-Picher Lead
Eagle-Picker Lead
Easietne Lead
Early & Daniel
Gibson Art Com
Gruen Watch
Hatfield-Reliance Com
Hatfield-Reliance
Kroger Com
Procter & Gamble
Richardson
U. S. Can
U. S
C., N. & A Labonstd
Ohio Bell Tel
Cinti. Street Railway
Kempres
Henderson
Canada
London
Paris
Lin
Treasury
Masao Ieee
Standard Bank Employees Thrift Plan Initiated
The Standard Bank announced a new employees thrift plan allowing deposits up to 25 percent of salaries. An executive committee will manage funds invested in securities expected to yield eight percent. overheads are borne by the bank and profits paid semiannually. Employees may borrow against investments at six percent.
MENTIONED IN THIS ARTICLE
New York
Standard Bank
Dividends Declared by Major Companies in Early January
Leased wire reports dividend declarations from American Smelting and Refining Co Atchison Topeka and Santa Fe Ry Public Service Co of Northern Illinois Illinois Northern Utilities Hupp Motor Car Intl Nickel Co and Miami Copper Co. Payments include common and preferred shares with specific pay dates and record dates in February and March, reflecting prior patterns since 1916 1918 and 1923.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York World
New York
American Smelting and Refining Co
Eequse
Companys
Atchison, Topeka & Santa Fe Ry
Public Service Co
Northern Il
Illinois Northern Utilities Co
Hupp Motor Car Corp
International Nickel Co
Miami Copper Co
Foreign exchange rates in European and world markets
The Commercial Tribune lists daily quotes in cents for European currencies and other markets. Notable figures include Sterling around 4.76, France 5.39, Italy 4.22, Germany 23.88, Japan 52, Hongkong 55.75, Shanghai 75.75, and various spot and cable rates across multiple nations.
MENTIONED IN THIS ARTICLE
The
Commercial Tribune
New York World
New York
France
Italy
Belgium
Switzerland
Holland
Germany
Austria
Greece
Sweden
Norway
Denmark
Spain
Portugal
Slovakia
Poland
Finland
Rumania
Jugo-Slavia
Bulgaria
Japan
Hongkong
Shanghai
Snangiai
Wemand
Calcutta
Argentina
Brazil
Chile
Havana
Colombia
Venezuela
Les
Market Gossip on Field and New York Central Plan
Market columnist S. S. Fontaine notes Jacob M. Field’s weathered outlook for 1925, highlighting New York Central’s employee stock plan at 110 partial payments. He observes radio and Atchison activity, predicts a bear panic in some issues, and foresees a long-lasting bull phase with stability from the Central partnership.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York World
New York
Fulton Street
Jacob M. Field
New York Central
Wall Street
Field
Atchison
All Wire
Trackwalker
United States Steel E
Bonds Reflect Rise in Stocks
speculative bonds rose as stocks gained with high grade domestic loans in demand from insurers. Traders cited Chicago Milwaukee and St Paul mortgages and possible plan for 1925 refunding as key factors while banks redirected January appetite from bonds to first class stocks.
MENTIONED IN THIS ARTICLE
Harold W. Belcher
The
Commercial Tribune
New York World
New York
Chicago
Milwaukee
St. Paul
Chicago, Milwaukee & St. Paul
Crude Oil Runs Report From Oil City
Credit balance notes crude oil activity in Oil City with runs totaling 46 844 barrels and averages near 52 287 barrels. Pongo shipments run 66 344 barrels while average shipments are 46 68 barrels.
MENTIONED IN THIS ARTICLE
Oil City
Pongo
Bank Officers Listed in Opening Slate
George A. Schulze is named president with E. V. Overman and Harry L. Manns as vice presidents. L.E. Guntrum serves as secretary and Walter J. Schatz as cashier alongside several listed assistants and directors.
MENTIONED IN THIS ARTICLE
George A. Schulze
E. V. Overman
Harry L. Manss
L.E. Guntrum
Walter J. Schatz
Samuel B Reilly
J. D. Leary, Harry L. Manss
Cincinnati Bank and Trust 1925 financial statement summary
The Cincinnati Bank and Trust Company reports totals including real estate loans 1.2 million and other loans and discounts. bonds and securities and cash items bring total assets to 3.93 million. Walter J. Schatz signs as cashier with notary Fred Hoewischner verifying sworn statements on January 6, 1925.
MENTIONED IN THIS ARTICLE
Beaker County and Municipal Ecep
State of
Ohio
Hamilton
Walter J. Schatz
Cincinnati Bank and Co
Fred Hoewischer
George F. Stewart
John Hill
Financial Statement of Bank Street Building Association Co
Financial statement of Bank Street Building Association Company of Cincinnati Ohio for the fiscal year ending November 24 1924 shows assets and liabilities with running stock reserve and undivided profit funds. W J Weishaupt sworn as secretary and notary Roy Manogue witness certify audit by three directors.
MENTIONED IN THIS ARTICLE
Bank Street Building Association CO
Cincinnati
Ohio
Sig
Chie
J. Weishaupt
S Bank Street Building Association Company
Dan Ghee
Lekemenall
W. J. Weishaupt
A.D
Roy Manogue
Notary Public
Hamili
Bank Street Bui Ciation Company
Rideane Tera
Also Mentioned on This Page
Michigan
Red River
N. O
Almeria
Rome
Woolf River
Jonathan
Emmons
Ungrad
Ed Vuey
Cohle & Tyree Co
Union Trust
Moody’s
Otis & Co
Multigraph
City Co
Slobe-Wernicke
Fourth ST
Am. Oil
Signal Oil
Humble Oil
Illinois P. Line
Imp
Indiana P. Line
Magnolia Pet
Nat
Northern P. L
Ohio Oil
Penn, Mex
Fuel Prairie
G. Prairie
Prairie P
Financial Notes
Financial Investing Company of New York, Limited
New York State
Illinois Central
United States Bonds
S. S. Fontaine
St. Paul Road
R. B. Goodrich
L. E. Guntrum
Frank 8
Krug
Board OF Directors
A. H. Shoenberger, George F. Stewart, A. L. Tischbein
the Cincinnati Bank
Eighth and State Avenue
Aero 3
Commercial—Savings—Trust—Bond
Safety Deposit Box— Real Estate
Frank A. Raabe
WM. F. Vornheder
WM. Koch
Charles Ullmann
Hugo Honschopp