Market slump and bond shifts amid deflationary pressure
The market shows dull trading as rates drift, with Liberty and Victory bonds drifting lower and new issues marginally higher. Bond sales totaled 7.78 million with heavy exchange activity as banks tighten funds, while prices for 3s and 4s fluctuated and stock listings showed mixed demand across major issuers.
Kroger and Bak n stockholders receive stock dividend notice
Mail notices announce a stock dividend for Kroger Grocery and Bak n stockholders, with details about warrants at Kent Savings Bank and certificate delivery. Metropolitan Life Insurance and city officials are mentioned in transition notices, while a new oil well with high output is reported nearby.
MENTIONED IN THIS ARTICLE
Kroger Grocery
Bakn
Melon
Kent Savings Bank
Oklahoma Shafer Refining reports three wells in Beggs field
On a ninety acre lease in the west end of the Beggs field Oklahoma the Shafer Refining Company reported three wells brought in in as many days with an initial flow of 2.20 barrels a day. Dividend updates followed from several companies including American Tobacco Inman Mills and Sears Roebuck with quarterly and special payments. Chicago grain and market notes describe corn oats and pork price movements and supply concerns.
MENTIONED IN THIS ARTICLE
Beggs
Oklahoma
Shafer Refining Company
Quincy Mining Company
Eastern Steamship Lines
American Tobacco Company
Inman Mills Company
Spartanburg
Ss. C
Beaumont Mills Company
Same
Supply Company, Inc
Robert Reis Company
Sears, Roebuck & Co
Speyer & Co Buys French Govt Bonds of St Louis & San Francisco
Speyer & Co announced yesterday it completed a purchase from the French Government amounting to about 21 million dollars in bonds of the St. Louis and San Francisco Railway Company, constituting the government’s entire holding.
MENTIONED IN THIS ARTICLE
Speyer & Co
St. Louis & San Francisco Railway Co
Simms Petroleum elects Edward T Moore as President
At the first annual stockholders meeting in New York Edward T Moore was elected a director and then named president by the board. Moore had represented Stone & Webster interests in Dallas for fifteen years.
MENTIONED IN THIS ARTICLE
Simms Petroleum Company
New York
Edward T Moore
Moore
Stone & Webster
Dallas
Notable Oil Prospects Highlight Ohio Cities Gas Company
Herbert J. Channer and W. E. Hutton discuss oil property acquisitions in Oklahoma and the Ohio Cities Gas Company's assets. A New York specialist, Mr. Kunkel, reports strong management and top valuations, suggesting the company may be renamed Pure Oil at the next stockholders meeting.
MENTIONED IN THIS ARTICLE
W. E. Hutton
W. E. Hutton & Co
Oklahoma
Ohio Cities Gas Company
Oklahoma Producing and Refining Company
Hutton
Pure Oil Company
Kunkel
New York
Ohio Cities Company
Fe Yuel
Buel
Oil districts praised as long-term producing areas
The speaker extols Pennsylvania oil fields the Glen pool and the Cushing district lasting decades. He backs continued output for 25 more years and highlights West Virginia and Ohio properties. His report influences New York City salesmen handling the notes.
MENTIONED IN THIS ARTICLE
Pennsylvania
Glen Pool
Grain and Provisions Market Notes Across U S Cities
Commodity prices span cornmeal, wheat, oats, hay and barley with varied spot and futures values from New York, Kansas City, Toledo, Minneapolis, St. Louis and Milwaukee. Notable figures include New York cornmeal at 4.85 for yellow granulated and 4.72 for white, Kansas City cash wheat around 2.89 to 3.0, and Minneapolis flour shipments with wheat No. 1 Northern at 2.90 to 3.10 per bushel.
MENTIONED IN THIS ARTICLE
Atchison
INDY
Sentean
Ad Atlantic
Baltimore &Ohio
Brooklyn Rapid Transit
Hadian Pacific
Peake &Obio
Chicago Great Western
Chicago
Milwaukee & St
C.g. C
St. L
Orado Southern
Cage
Rock Island & Pac
Steel
Endicott-Johnson Tae Teen
Gg Erie
Elkhorn Corporation
Etee Ewe
Esate Pockwah Calms
Aery Ae
Great Northern
Fish Tire Ceee
Interboroughree
Freeport
Tex
Sen Enee
General Cigars
Stena Lehigh P
Vailey
General Motors
Louisville & Nashville
General Electric
Weet Ewes
Missouri, Kansas
Texas
Goodrich Co
Minneapolis *& St. Panes
Inspiration Consol
Piaekel Teese
Oe Oletee Ee
Missouri Pacific
Nannaee
Internat
Harvester of
International Nickel Co
Tee
New Haven & Hartford
International Mercan Marine
New York Central
Norfolk & Western
Pemeeelvesae
International
Kennecott Coppe Setewewse
Bere Marqu
Keystone Tire
Pennsylvania
Lackawanna Steel
Seaboard Air
St. Louis
San Francisco
Cera
Midvale Steel Lecusocegsgetacs
Nova Scotia Steel Teereeeet
Ohio Cities Gas Aeeaee
Oklahoma
Pacific
Otis Steel
Union
Maryland
Seeede Peeraee
Philadelphia
Wheeling & Lake
P. O Pierce Oil
Alaska
Allis-Chalmers
Pressed Steel
Pittsburg
Phabevsen
American Agricul Chemical
Pullman Co
Republic Steel Eeeene
Royal Dutch
N. Y
Saxon Motors
Eene Aeeweens
Tobacco Products Corpn
American Steel A
Union Oil of
Delaware
United States Steel Sete
Atlantic Ulf and
W Bosses
Baldwin Locomotive Sete
United Retail
Rewee Tee Eens
United Food
Barrett Co Feeee Heme m
Weee
Peer Wleepers
Utah
Staeeee
Eweee Hobart
Bethlehem Motors
Stee Ewes
Vanadium Steel
Bethlehem Steel
Western Union
Bosch Magneto Ee
Butte-Superior Copper Ear
Westinghouse Electric
Dle
California Petroleum Pe
White Motors
Willys-Overland Ry
Esx Woolworth Co
Worthington
Suny Seu Cacas
New York
Kansas City
Toledo
Timothy
Minneapolis
Milwaukee
Mercantile and International Exchange Report June 2
New York and Paris markets show irregular exchange rates with several currencies fluctuating. Sterling edges lower with sixty day bills around 3.88 to 3.90 per dollar and bond markets unsettled. Paris bourse lists irregular prices with three per cent rente at 60.1 and London exchange near 50.12.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
New York Exchange
Montreal
Lpans
Paris
London
Columbus Stocks Update June 2
In Columbus Ohio on June 2 trade data shows Cities Service common preferred at 64 a 85 and Ohio Gas at 38 in the last sale.
MENTIONED IN THIS ARTICLE
Columbus
Ohio Gas
New York Exchange Sways Amid Slow Trading and Mixed Results
The New York stock market showed a desultory session with about 450,000 shares traded. Prices mostly fell with some recovery as the money market eased, call money near 6 percent, foreign exchange firmer, and rail and investment issues uneven. Bond activity widened, Liberty issues declined, and notable gains appeared in speculative rail bonds and Anglo-French bonds. Total sales totaled 12.45 million dollars with various U S bonds finishing at quoted levels.
MENTIONED IN THIS ARTICLE
Liberty and
Victory Isp
New York
Era Federal
Bent
Ane
Victory
London
Erings
Goodie Tire and Rubber
Nicke Common
Douglas Preferred
Kroger Grocery
Common
Atlas Bank
di- Gas and Electric
Bankers
Columbia Gas
Ohio Cities Gas
Columbia Bilectric
Ohio Cities
Paris
Marks
United States
Ohio firms modify and announce large capital increases and loans
In Columbus a list shows multiple Ohio companies from Dayton to Cleveland increasing capital, with figures ranging from 10 000 to 700 000 and others noting new loans or decreased funding. Names include The Brinkman Engineering Company The Beaver Oil and Gas Company The H Nieman Company and The Cleveland Milling Company among others.
MENTIONED IN THIS ARTICLE
Columbus
Ideal Ice Cream Company
Dayton
F. E. Bornmann
A. Bornmann
Brinkman Engineering Company
L. J. Brinkman
T. H. Brinkman
Beaver Oil and Gas Company
North Lima
L. J. Rohrbaugh
W. D. Groyer
Stark Mortgage Company
Massillon
Hodde-Galt Motor Company
Cincinnati
R. Black
J. W. Bradwae
Iuier
Delora Land Company
Cleveland
H. H. Lovett
A. D. Wood
Hearne-Fithian Company
Youngstown
C. F. Harwold Company
Canton
Anchor Rubber Company
Barberton
Western Reserve Farm Agency Company
Warren
Warren Home Development Company
Cleveland Cut Flower Company
Gardner-Bryvan Company
Cleveland Milling Company
Comoro
New York Reports Record Low Cotton Condition For May
The first government May report shows cotton crop conditions at 62.4 percent of normal, the lowest on record, down from 75.6 percent last year and below a ten-year average of 78.7. October contracts rose briefly to 35.9 cents but closed near day’s low as traders took profits. In Liverpool, spot cotton firmed with good middling around 29.70 pence and futures closed steady.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Cotton goods market shows steadier prices and lighter trade
New York June 2 reports cotton goods quiet with gray goods prices steadier and yarns steadier as trade remains light. Nearly half of worsted yarn orders in hand canceled in some mills while wool and raw silk decline prompts lower spring season prices for 1921. Finishes run at about 50 percent capacity as bleach costs rise from June 1.
MENTIONED IN THIS ARTICLE
New York
Bank Report Summary From Major Markets
Special Dispatch reports June 2 clearings at St. Louis totaling 26 61, T15 time loans at 7 percent discount and commercial paper at 7 percent. New York exchange shows no market. Chicago clearings reach 12 820 398 with balances 8 566 084 and commercial paper at 7 percent. New York exchange at par.
MENTIONED IN THIS ARTICLE
Special Dispatch
the Commercial Tribune
ST. Louis
New York Exchange
The
Commercial Tribune
Chicago
Cattle Market Reports Across Cities June 2 1920
Cincinnati Cleveland New York and Chicago market notes show cattle hogs sheep and lamb receipts and prices. Cattle mainly steady to higher with light weight and milch cow values rising. hogs mixed with lighter weights strongest nearby. sheep and lambs soft with good to choice lambs around 16 to 19 dollars.
MENTIONED IN THIS ARTICLE
Cincinnati
Jung
Hest
Cleveland
New York
Chicago
United States Bureau of Markets
Wheat Market Advances on Export Demand in Cincinnati
Cincinnati on June 2 1920 reports brisk export demand lifting the wheat market 2 to 4 cents with top grades sought by exporters and mills while elevator trade favors lower grades. Corn and oats rise on weak June crop receipts, while hay remains dull and calf prices slip. Grain and dairy quotes follow current regional sale notes and price ranges across corn oats rye barley flour and live stock products.
MENTIONED IN THIS ARTICLE
Chicago
Cincinnati
Homing Feed Ab
Timothy
Tennessee Golden
Western Liberty
Kansas
Butter and egg prices slip across multiple markets
New York reports weak butter with high creamery receipts and various grade prices. eggs firm with large receipts and packed shortages. Pennsylvania and nearby Western hennery whites and browns show premiums up to extras. cheese easier with state flats and white and colored varieties. live poultry prices mixed across states. Chicago and St Louis note butter and poultry trends with unchanged quotes.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Chicago
Kansas City
ST. Louis
Armour and peers rise in Chicago stocks report
Chicago stocks data for June 2 show Armour preferred at percent, Armour Leather at 15 percent, Carbide 66 percent, Libby 23 percent, Match at 105 percent, Stewart-Warner 40 percent, Swift m-TM 37 percent, Swift & Co. 110 percent, with United listed among others.
MENTIONED IN THIS ARTICLE
Chicago
Armour
Armour Leather
Carbide
Libby
Match
Stewart-Warner
Swift m
Swift & Co
United
Also Mentioned on This Page
Filat
Hoffman
Metropolitan Life Insurmpany
Elmwood Place
Hansen
Alliance
Asheir
Ucers
NEW York Stock Exchange
Hutton & CO
Chicago Grain Market
Stock Exchange
Ask. Co
N &c Istm
Broadway & Newp
Procter & Gamble
Procter & Gamblers
Botevesenee
Ti Tobacco Warehouse
Nee Coo Corp
Corcoran-Victor
Dalton
Dow Drug
Aebseas
Fet & Egan
French Bros.-Bauer
Gibson Arteer
Goodyear
Globe-Wernicke
Seeesee
Terre Pees Peer
Gruen Song Watch
Breante Tbes
Holters
Tnenewee Owens
Paragon Refining
U. S
William Powell
Atlas National Bank
Whitaker Pape
First National Bank
Cin’ti and Sub. Telephone
Cincinnati Gas and Electric
Cin’'ti Gas Transportation
Cities Service Bankers
Ohio State Telephone Com
N. A
Cincinnati Street Railway
Ohio Traction
Herbert J. Channer
Channer & Sawyer
Wisconsin
Grain and Provisions
Ohio
Mohawk Piston Ring Company
Harry Decklen
P, Jane
DRY Goods
Bank Cears
Cincinnati Stock Exchange
Cal
American Rolling Mill
Aeee
Roll Mill Part Bees
Goodyear Tire
Radeney
Cade
Cincinnati Street Ry
Wenee
Proc. & Gam
Amst
Ekholm Wee
Kronen St . Seite
Panama
Philippine Island
District of Columbia
Liberty Liberty
Liberty
Liberty First
Berty Econd
Liberty Third
Reree
Ask
Deb. C
Cattlemarket
Alfred Hill & Co
Anglo-American Oil Co
Atlantic Refining
Anneeeereneeees
Borne-Scrymser Co
Orsreecsees
Buckeye Pipe Line Co
Chesebrough Mfg
Eeserense
Continental Oil Co
Asecetcy Ae
Crescent Pipe Line
Cumberland Pipe Line
Teres
Eureka Pipe Line
Eeeebee
Galena Signal Oil Co
Essees S85
Ene
Ewenee Whee Swan Finch
Seneee Union Tank Line
Aee International Oreo EE Ee
Dairy Bulletin
Michigan
Schweitzer
Fruits and Vegetables
California
Alabama
Mississippi
Florida
H. G
H. G. Bunch
N. O
Nancy
Hall
Porto Rico
S. C
Louisiana
Common Cincinnati Gas & Electric Indian Refining
Common Kroger Grocery & Baking Co
Missouri State Life Insurance Co
Pogue Realty
U. S. Printing & Lithograph Co
American Laundry Machine
Common Brownell Co
Gibson Common & Preferred
Libbey Owens Common & Preferred
Ohio Traction Preferred
Second National Bank
J. Frank
Union Trust
Main
A. B. Leach & Co., Inc. Investment Securities
Boston
Minneapolis St. Paul
Baltimore
Detroit
Duluth
Nat’l. Bank Bldg
the Western Appraisal Co
Richard Smethurst, C. P. A
W. A. Dibblee
R. C. McConaughy
Atlas Bank Building
C. A. Carpenter
M. E
Certified Public Accountanta
W. Sibley & Coestment Securities
Nat’l Bank
Crossman, Sherman Co
Harry Jasculca
ST. Paul Building
East Fourth ST
Cities Service Co
Davidend
Henry L. Doherty & Company
Mercantile Library
Pennsylvania Station
Grand Central Terminal
Fifth Avenue
Baldwin
Baldwin Piano CO
C. T