Wheat market declines on large stocks and improve crops
Chicago May 31 Wheat prices fell to their lowest since last March due to large stocks in store and afloat and improved domestic crop reports. July and September futures moved narrowly with minor changes. corn finished lower and provisions fluctuated. Traders shifted from bears to buying as the dollar-a-bushel level neared and reports hinted at better Oklahoma yields amid rains.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Oklahoma
New York Stocks See Pools and Cliques Drive Day Trading
Markets show heavy pool and clique influence with Lehigh Valley and Reading active at times. Norfolk & Western reaches 125 3 4 with dividend adjustments. Chandler Motor and Lee Tire hit new highs. Copper, zinc and oils face pressure after Carranza note. Reading declines. Gold imports rise to 23.5 million. bond market firm on war issues.
MENTIONED IN THIS ARTICLE
New York
Lehigh Valley
Reading
Norfolk & Western
Mercantile Marine
Automobile Group
Chandlerd Motors
Lee Tire
International Harvester
Canada
Bank of England
London
Paris
New York City
United States
Grain and Provisions Market Report May 31
World and U S grain prices listed by city for May 31 with flour, wheat, corn, oats, hay, hops, hides, leather, pork and beef values. Regions include Milwaukee, Duluth, Liverpool, Cleveland, Kansas City, Toledo, Minneapolis, St Louis and Indianapolis with spot and futures figures and grain quality grades.
MENTIONED IN THIS ARTICLE
New York
Kansas
Duluth
Manitoba
Middle West
Milwacker
Liverpool
Cleveland
Kansas City
Toledo
Alsike
Timothy
Minneapolis
ST. Louis
Indianapolis
Cotton market slides as liquidation widens futures easing
In New York and other markets May cotton prices eased amid favorable weather and liquidation. July to January months fell, with October around 12.80c and spot middling at 12.80c, while New Orleans listings showed further selling and a weak close.
MENTIONED IN THIS ARTICLE
New York
Liverpool
New Orleans
United States
Magtor Inc
Global Market Summary May 81 Financials and Bonds
Mercantile paper 3 percent in New York. Sixty day bills 472 percent demand 475 percent cables 476. Francs and marks quoted with demand and cables. Time loans 2 to 3 percent. London silver and money rates. Paris bourse trading with routes and exchange rates noted.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
London
Paris
Cotton seed oil eases as shorts cover on New York market
In New York on May 31 cotton seed oil firmed with shorts covering and new buying on late firmness in lard. Talks of export and light offerings across positions. Final prices ranged 3 to 13 points lower with 17 400 barrels sold. Prime crude 9.53 cents. various months quoted from 10.95 to 9.23 cents for different grades.
MENTIONED IN THIS ARTICLE
New York
Shorts
May Finances Show Stock Gains and Strong Bank Clearings
May closed with robust bank clearings of 143 328 050 dollars up from 105 00 850 a year ago and April clearings of 134 562 550. Stock market activity showed 12 782 shares traded and 10 000 dollars in bonds, with general business stronger than a year earlier amid favorable lending rates and steady New York exchange conditions.
Market quiet but loans steady after holiday
Demand for money remained modest with 8 to 5 percent loan rates steady. Trading was subdued but some dealer activity kept markets busy while public buying stayed light. Cincinnati and New York boards showed limited activity as several issues moved small amounts with varied bids and offerings across Industrials and utilities.
MENTIONED IN THIS ARTICLE
New York
Utilities market shows mixed moves across several issues
Cities Service issues led the bid up to 279 with 282 offerings and 88 for the preferred as twenty shares traded. Columbia Gas and Electric rose slightly with 80 shares at 15 percent, while Ohio Cities Gas common moved to 263 with a 22 percent bid. Ohio State Telephone stayed active at 44 percent, and Little Miami guaranteed saw a bid rise to 103 with offerings at 106. Cincinnati Street Railway held at 53 percent, Ohio Traction and North Ohio Traction fell, and Toledo Traction, Light and Power common traded to 464 percent with offerings at 47 percent. Banks held steady in unchanged quotas.
MENTIONED IN THIS ARTICLE
Ee Yd Low. — Co
Ask
Eereere
Alaska
United States Steel
Allis-Chalmers
Utah
Carolina Chem
Amer Car
Woolworth Co
Westinghouse
Uaeioah
Western Union
Amer. H. and
L. Pref
Willys-Overland Eeeneteee
Americen Securities
Tees Relerecte Lense
jSales
P. C
Atchison Com
Baltimore & Ohio
Amer. Smelt and Ref
Fiji
Brooklyn
Amer. Bugger Ref. Co
Clic
Ccdess
Chicago
G. W. Ee
Amer
Tel and
Teleens
Northwest
Isi
American Tobacco
Heese i Artes Selerereseter
Colorado
Baldwin Locomotive
California
General Electric
China Copper
Great Northern
Inter
Met
Kansas City
Renee
Crucible Steel
Lehigh Valley
Louisville O
Ashville
Distillers Securities
Genera
Motors
Goodrich Co
Minn
St. Louis
New York Central
Norfolk & Western
Miami
Eowre
National Biscuit
Erate Ee
Pennsylvania
St. LL
Southern Railway
Eet
Texas & Pacific
Republic Steel
Third Avenue
Union Pacific
Sears-Roebuck
Sloss
Studebaker Corp
Texas Oil Ce
Marlyand
Cincinnati Stock Exchange
Detroit United First Consolidated
Cincinnati R Edisons
Columbia Gas
D Electric
American Rolling Mill Common
American Laundry Machinery Common
Barney & Smith
Champion Coated Paper Common
Dow Drug Common
Fenton
Fleischmann
Kroger Grocery
Baking Common
Cincinnati Union
Procter & Gamble Common
Columbia Gas and Electric
Ohio Cities Gas Common
Ohio State Telephone Common
Little Miami
Cincinnati Street Railway
Ohio Traction
North Ohio Traction
Toledo Traction
Light and Power Common
First Call
American Rolling Mill
Union Stockyards
Dow Drug Company
Kroger
Eee
Cities
Jusce
Ohio State Telephone
Ohio Cities Gas
Toledo Traction and Light
Eeeee
Cincinnati
A. Eters Eopecess
Germantown
Ha & Linden
Cin
Ham
Elec
Newport & Dayton
És Sbvices
Toledo
Northern Ohio Traction
Yale
Northern Pg
Columbus Railway
Detroit United
Broadway
Barney & & Smith
Columbus Gas
American Laundry Mach
American Seed Mach
Andrew Jergens
Casey-Hedges
Charles Boldt Glass
Cincinnati Union Stockyards
Dow Drug
Fenton Clean
Wradubinesin
Brench Bros. & Bauer
Ee Globe Soap
Kroger G. & B. Com
Owens Bottle Mach
LNB
Powell
Philip Carey
Procter & Gamble Com
Bell Tel
Long
Cincinnati Gas and Electric
Cincinnati Gas Transportation
Eceseseberdees
Columbia G. and
Sedeessiecees
Wee
Columbus & Xenia
Dayton & Mich
Burp Vives
Kentucky Securities
Northern Ohio L. & T
Ohio
Priationad
Corcoran-Victor seeks new stock listing on Cincinnati Exchange
Channel Sawyer and Field with Richards & Co backed Corcoran-Victor Company Cincinnati officials for admittance of new stock issues to trade on the Cincinnati Stock Exchange. Governors granted permission and the stock may appear on today’s trading sheet. The common issue totals 1.5 million dollars with 7 percent cumulative stock at 750 thousand dollars and 550 thousand dollars of preferred already outstanding. The preferred dividend will be paid quarterly.
MENTIONED IN THIS ARTICLE
Channel Sawyer and Field, Richards & Co
Corcoran-Victor Company of
Cincinnati
Cincinnati Stock Exchange
Cosden & Co to Boost Capital and Pay 60 Percent Cash Dividend
The Cosden & Co oil firm will raise its capital stock to 6 million dollars and declare a 60 percent cash dividend. Several Cincinnati notices list quarterly and special dividends from Muskogee Gas and Electric, Arkansas Valley Railway Light and Power, Standard Gas and Electric, and others with payment and record dates in May and June.
MENTIONED IN THIS ARTICLE
Cosden & Co
Bylesby & Co
Chicago
Esterday
Muskogee Gas and Electric Company
Arkansas Valley Railway, Light and Power Company
Standard Gas and Electric Company
Cincinnati
E. I
Dupont de Nemour & Co
Dupont Powder Company
Oil Company
Booth Fisheries Company
Quaker Oats Company
Tonopah-Belmont Development Company
Ingersoll-Rand Company
Michigan Sugar Company
Chicago Telephone Company
North Lake Mining Company
Tobacco market mixed sales with high grade gains
Sale of tobacco yesterday was light with small lots bringing higher prices. Lodmann House sold 8 hogsheads from 8 to 9.90 dollars and 22 from 10 to 13.75 dollars. Farmers and Shippers’ sold 7 at 10.25 to 6.75 dollars. Globe set a high at 17.75 dollars for a tobacco hogshead, with 14 percent selling at 9.70 to 17.75 dollars.
MENTIONED IN THIS ARTICLE
Lodmann House
Globe
Globe House
Bank Clearings Rise in Cincinnati and Chicago Reports
May 31 reports show Cincinnati clearings at 5,624,500 with May total 143,328,050, versus April 134,562,550 and May last year 106,070,350. Daily stock sales reached 393 shares. May totals 12,731 shares and 10,000 in bonds. Chicago clearings hit 74,236,321 with balances 8,876,291 and May total 1,691,788,000 up 9.81 percent from April and 28.33 percent from May last year.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Cincinnati Stock Exchange
The
Commercial Tribune
Chicago
Clearing figures and balances for May 1916 in St Louis
Special Dispatch reports St Louis clearings today 20 075 141 and May totals 326 688 303 for 1915. Balances today 2 179 414 and May 1916 56 216 035 versus May 1915 35 740 389. Time loans 4 to 4 1 2 percent, commercial paper 3 to 34 percent. New York exchange bid 5 cent discount asked.
MENTIONED IN THIS ARTICLE
The
Commercial Tribune
ST. Louis
New York Exchange
Lic
Daily Over-The-Counter Bond and Stock Sales Report
Banks and brokers reported sales of bonds and stocks across the over the counter and open market. Entries include Cleveland Heights Ohio Imp 6s 106 and 101 percent on Cincinnati S F 8.65s 1937, with additional issues from Jackson Mississippi Dade County Florida Corpus Christi Port Arthur and Cincinnati.
MENTIONED IN THIS ARTICLE
Cleveland Heights
Cincinnati
S. F
Jackson
Miss
Dade Co
Fla
Road
Corpus Christi
Tex
W. W
Port Arthur
Polliaro OG
DIO
Live Stock Market Report Cincinnati May 1916
Receipts and shipments for the past twenty four hours compare with two days prior. Cattle and hog markets show mixed demand with steady to higher prices for select dry fed cattle and hogs, while dairy cows and weaker grades soften. sheep and lambs steady to firm in overall market activity across major hubs including Indianapolis St Louis Chicago New York and Pittsburgh.
MENTIONED IN THIS ARTICLE
Cincinnati
Indianapolis
Ind
ST. Louis
Texas
Oklahoma
Chicago
New York
East Buffalo
Cleveland
Market Moves Daily Trade Totals and Percentages
Chicago reports show Lindsay Light at 18 percent, Stewart Warner 91 percent, and Swift and Company at 137 percent in today’s market update.
MENTIONED IN THIS ARTICLE
Chicago
Ohio Incorporations Reported in Columbus May 31
Articles filed include The Coventry Savings Bank Company in Akron with $50 000 by H S Firestone and The Youngstown Lewis Jewelry Company in Youngstown with $25 000 by C C Lewis. Several others list new incorporations or increases and decreases in capital across Cleveland Cincinnati Canton Warren Toledo Akron and Columbus.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Coventry Savings Bank Company
Akron
H.S. Firestone
Youngstown Lewis Jewelry Company
Youngstown
C. C. Lewis
Purser Cartage Company
Cleveland
Norton T. Horr
iThe Gilbert Shadeholder Company
Cincinnati
Ora B. Gilbert
The
Commercial Service Company
Daniel J. Efferth
Interstate Food Company
Roland W. White
Ehrmantraut
Ohio Gas and Electric Company
King Furniture Manufacturing Company
Warren
M. B. Garretson Company
Canton
Summit Wholesale Grocery Company
Toledo
Murdock Plumbing Company
New York coffee futures start steady then ease on light trade
The New York coffee market opened unchanged to higher by a point with July near 8.58c and December 8.82c as foreign orders and tight supply supported early strength. Later the market declined 2 to 6 points amid light selling. July 8.53c and December 8.79c. Spot prices held firm with Rio at 7s 9 3/4c and Santos at 4s 10 3/4c.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
Rio Exchange
London
Gentos
Onday
Victoria
Jundiahy
Sugar Market Steady As May Prices Hold In New York
New York traders note firm raw sugar market with centrifugal at 6.39 cents and molasses 5.62 cents. Cuba CIF bids around 5.5 cents with modest sales to refiners. Refined prices hold at 7.65 to 7.70 cents, with mild exporter interest and futures drifting after a slight intraday rise.
Butter and eggs steady in national market reports
Multiple city market notes report butter unchanged in Chicago and Kansas City, eggs irregular with various receiving figures and price ranges, and poultry mostly steady with live birds weak. Regional summaries from New York Philadelphia St Louis and Indianapolis detail creameries prices, cheese and butter trends, and delivery specifics.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
New York
T. Louis
Philadelphia
The
Commercial Tribune
Indianapolis
Wool auction firm market with 8000 bales offered
At London on May 31 about 8000 bales were offered in the wool auction sales. The selection was improved and the market remained firm. Queensland scoured merinos sold at 38 7d, New Zealand greasy cross breds at 2s 7d, and Victorian greasy cross breds at 2s 2d.
MENTIONED IN THIS ARTICLE
Ondon
Queensland
New Zealand
London Stock Market Quiet Yet Upbeat on Loans and Bonds
London trading May 31 shows a generally quiet but firm mood. War loans and consols rise on funds from American security sales. Argentine and Japanese bonds strengthen as Cunard shares dip then recover. American securities see active sales led by Union Pacific, while treasuries await Friday three year exchequer bond issue.
MENTIONED IN THIS ARTICLE
London
Union Pacific
America
Treasury
Market Summary From Duluth to Savannah Oil and Resin Prices
May reports show linseed cash at 1.89 and May and July at 1.90 in Duluth and Oil City balances at 2.60. Savannah notes turpentine firm at 28 4a38 14, with sales 270 bbls and stock 11 021 bbls, rosin sales 578 bbls and stock 53 581 bbls. Prices for glass and related chemicals range from 4.85 to 5.75 per unit across several grades.
MENTIONED IN THIS ARTICLE
Uluth
Oil City
Savannah
Rosin
Trade Mark Bill Endorsed To Help Consumers
Mrs. Christina Frederick and Mrs. Julian Heath of New York urged the House Commerce Committee to approve the Stephens bill legalizing maintenance of retail prices for trade marked and patented goods in interstate commerce. They argued branding aids housewives by identifying quality and preventing substitutes. Heath, with the Housewives' League, cited national membership to weigh in on consumer protection.
MENTIONED IN THIS ARTICLE
Washington
Christine Frederick
Julian Heath
New York
House Commerce Committee
Stephens
Frederick
Metal Exchange reports mixed quotes on metals in New York and London
Lead at 7.30 dollars asked in New York. spelter weak with East St. Louis spot at 13.75. Copper firm around 284 for electroytic nearby with August futures. tin dull at 46 dollars spot and London futures for copper and tin listed. Iron steady.
MENTIONED IN THIS ARTICLE
New York
Metal Exchange
Dry Goods Trade Note in New York Markets
Cotton goods were quiet with print cloths and convertibles dull. Yarns remained firm while jobbers completed two large export deals. Light-weight spring ties for men’s wear 1917 were ordered freely and dress goods showed demand from jobbers.
MENTIONED IN THIS ARTICLE
New York
Treasury Statement Shows Deficit Narrowing This Year
The May 31 Treasury report lists a general fund net balance of 133,557,321 and total receipts of 3,895,006 with payments at 1,493,543. The current fiscal year deficit stands at 46,549,676, down from 105,485,971 last year, excluding Panama Canal and public debt transactions.
MENTIONED IN THIS ARTICLE
Washington
United States Treasury
Ohio City Gas and Cities Service Close Slips in Trade
Ohio stock quotes show Ohio Cities Gas down and Cities Service common and preferred shares mixed as markets close on May 31 with minor moves in listed prices and indices.
MENTIONED IN THIS ARTICLE
Columbus
Ohio Cities Gas
Cities Service Com
Knights Templar or Templars debate settled by leader
A reader dispute over the proper plural of Knights Templar drew in Colonel William B. Melish as he explained usage. He said modern usage favors Knights Templar, with forty-five of forty-seven US commands agreeing. Ohio and Massachusetts cling to Knights Templars. Canada uses Knights Templar, and the Great Priory is used in the British Isles.
MENTIONED IN THIS ARTICLE
Knights Templars
William B. Melish
Knights Templar of
America
Knights Templar
United States
Ohio
Massachusetts
Canada
England
Scotland
Ireland
Great Priory of the Order of the Temple
Also Mentioned on This Page
First National Bank
New York Stock Exchange
Hain
Grain and Provisions
NEW York Bonds
W. E. Hutton & CO
First National Bank Building
New Cen. Pac
Wigsum
Public Serv. Co. Gs
Detroit
N.Y. City
Denver
Erie cv
Erie
iErie
Ta& St L. Iron
St l L. & Ss F
Interboro
St. L
F. G
Waren
Ibs
Etis
Lake Shore
St. L. & S. F. Adates
Justment
Chicago & E. I
I. N
P. Gen 'Minn
Fok
U. S. Steel
Nor
Nor. Pac
Pac
Chile
N. Y. C. Deb
N. i Cc
UN. Ry. St
N. Ee
Mid
Norfolk
Col
Wabash
Y. Tel
West Auce
Penna. Fos
Ing Energy
Tobacco Market
Stockholm
Panama
Local Securities
Boston
W. EB. Hutton & CO
Butte and Superior
Daly-West
East Butte
Greene
Cananea
Granby Consolidated
Kerr Lake
Lake Copper
Nipissing
North Butte
North
Lake Sweesesert
North Dominion Oor
Osceola
Pond Creek
Superior
United Fruit
Cis Sdheien Ae
United Shoe
Weehnnne Eeuaene
Seteeeee Renter Ewwseaeet
Eeerereerssartenee
Zona Eeeet
Ener
W. B. Hutton & Co
Alta
Ajax
Caledonia
Davis-Dal
Gulf & W. I
Iron Blossomer
Ee Eater Enee
International Petroleum Rr
Ge Motors
Jerome Verde Ee iKewanos
Kerr Lake Eeeer
Mines America
Midvale
North Star
Ohio Copper
Pacific Gas and Flec
Pan-American
Riker Corporation
Ray Hercules
Stewart Mining i
Sapulpa
Sly Ty S
West Pacific
West End
Yukon
Atlas Gistcheuebe
Dupont
Hercules
Big Jim CO
Cane Teeeeorrtees
Houston
Enews
Wayland Weeteeerete
Federal
Pittsburg
Atlas National Bank
Walnut Street
Standard Oil
Reee Daily Ty © & Hill
Tracon
Dival
Anglo-American Oil
Atlantic Refining
Borne-Scrymser Dines Foo
Buckeye
Chesebrough Mfg
Opnesae
Colonial Ee
Continental of
Swear Ete
Crescent Pipe
Cumberland
Eureka
Galena-Signal
New York Transit
Northern Pipers
Indiana
Ebadentk
Ss. O
Kentucky
Nebraska
New Jersey
Ss Oo
Swan & Finch Sever Ett Aero Ee
LOU Union Tank
WOOL
Columbia Township
Weil, Roth & CO
East Fourth Street
Baldwin
St. Louisa
Baldwin Piano CO
W.4th St
HOUSE
Metals
Treasury Statement
Knight