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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 04, 1925
Page
10
Wheat market moves driven by crop conditions as showers limit deterioration though freeze damage reports lift prices. Export demand improves while cash and futures advance. corn oats and hay show mixed strength with top grades scarce and receipts light.
New York Curb Exchange reports total stock sales 352,200 shares and bond sales 844,000 dollars on June 3 1925. The official list lists hundreds of stocks and bonds with varied shares traded and prices across industries and utilities, including major names such as Armour, General Electric, Continental Oil, and Union Carbide. The report captures market activity across diverse sectors with notable volume in energy and industrials.
Receipts and shipments for the past day compare with two days prior. Cattle supplies were moderate and prices mixed with good steers scarce, hogs steady to higher, and sheep and lambs lower. notable figures include 569 head of cattle and 4,048 hogs received, with various price ranges for fat cows, cutters, and bulls. They report a holdover of about 200 cattle and 700 hogs, with brisk demand for fat cows and limited demand for stockers and feeders.
The R. F. Johnston Paint Company has declared a dividend of $2.00 per share on its 8% Preferred Stock payable July 1, 1920, to stockholders of record at close of business June 6, 1926. Wm. George Johnston, Secretary.
Sealed proposals due by June 19 1925 for electric light and power wiring at the Hamilton County Home and the sale of current equipment. Bidders must submit on printed forms with a $1000 certified check offered as guarantee. the County reserves right to reject any or all bids. Clifford Brown president. Albert Reinhardt clerk.
The Cincinnati Motor Bus Company petition to extend its line from Norwood to Montgomery through Newtown Silverton Deer Park Rosslyn and Blue Ash. A public hearing is set in Columbus Ohio on October 10 1925 at 9 oclock a.m. Standard time. Receiver Edward G Becker signs the notice.
The annual report to December 31 shows current assets of 4.57 million against 2.09 million in current liabilities and total assets of 18.12 million. Total surplus is 8.41 million, with a profit and loss deficit of 2.58 million leaving net surplus 3.49 million. Operating profit before interest and depreciation is 488 thousand and capital asset gains total 2.58 million. Depreciation and interest reduce the surplus to 1.56 million, with further profit and loss adjustments leaving a 2.58 million dividend-related deficit including 11,078.84 on preferred stock.
The National Fire Alarm Company of Cincinnati board met yesterday and declared a 2 percent quarterly dividend payable July 1 to holders of record June 30. The article notes possible shifts to no par value stock for railroads like St Paul and discusses regulatory obstacles and bankers proposals to set a value if needed.
Reo Motor Car Company declared a quarterly dividend of 2 percent, down from 114 percent previously with an extra 1 percent, payable July 1 to shareholders of record as of June 15.
American Gas and Electric yesterday announced an extra stock dividend of one fiftieth of a share in addition to the regular quarterly dividend of 25 cents per share. The regular rate on the preferred was also authorized.
Equitable Trust Company of New York and Dominick Dominick offer American Linseed Company notes totaling 6 million dollars at 6 percent. The issue matures serially from June 15, 1980 to June 15, 1935. Proceeds are earmarked to reduce current liabilities.
Fisher Body Ohio Company will retire its 8 019 000 outstanding preferred stock on October 1 at 110 and accrued dividends from July 1.
Stockholders of the American Chicle Company approved a recapitalization plan that provides for selling 24 670 additional shares of common stock. The action aims to adjust capital structure and raise funds as part of the corporate restructuring.
F A Merrick of Westinghouse has been elected a director to succeed the late A G Becker and joins the Westinghouse Electric International Company board. Ohio Bell directors in Cleveland declare a regular quarterly dividend of 1 75 a share on preferred stock payable July 1 to holders of record June 20 1925. Additions and betterments expenditures authorized total 5 75 million, with year to date at 14 million and estimated year needs to 15 95 million. Stocks traded on the Cincinnati Stock Exchange.
Maine Central Railroad authorizes a 2.50 per share dividend on cumulative preferred stock payable June 16 to holders of record May 29. Disbursement due June 1 and September 1, 1924. no dividends were paid from September 1919 to December 1924.
Cincinnati reports bank clearings for the day at $11,930,728 with money in fair demand and supply. Stock Exchange trades show 2,294 shares sold with many listed issues including Procter & Gamble and Kroger among active names. Police court fines include several drunkenness and disorderly conduct sentences.
A June 3 notice from Columbus lists new Ohio incorporations across Cleveland Youngstown Akron and other cities. Firms include Sykesome Son Company Interstate Coach Mahoco Realty Opportunity Realty Mills Mills Markstrom Diner Company Shirley Investment Company Raybestos Brake Service and Quaker Bedding among others with respective officers and capitalizations.
New York reports call money at 3 to 4 percent with last loan 3 percent and 4 percent offered, time loans steady at 3 to 3 1 4 percent. Prime commercial paper 3 1 4 percent. Bar silver 68 1 2 cents. London notes bar silver 33 11 16 pence, money 3 percent, bills discount 4 to 4 7 16 percent.
Six men and two women were arrested after a pursuit by Policemen Hall and Weber. In Police Court Acting Judge Klette sentenced the men for speeding and disorderly conduct with fines and thirty day terms. one driver faced a similar sentence and another arraignment followed a fainting incident. The accused included Charles Blantom of Lexington, Daniel Morrison of New Orleans, Earl Forrest of Washington DC, Ernest Smith of Washington DC, Clyde Owen of Cincinnati, and Madeline Dobson of Sanford alley.
Four children were injured when a truck driven by William Garrett 40 left the street and struck them in a yard near 824 Greenup street. Raymond Margis 4 was taken to St Elizabeth Hospital for possible internal injuries but returned home. Garrett was arrested on reckless driving charges claiming he was learning to drive.
In United States District Court one involuntary petition was filed by Eagle Manufacturing Company of Bristol Tennessee and Lexington Roller Mills Company of Lexington Kentucky against J. B. Black of David Kentucky. A voluntary petition was filed by Frederick C. Nelson of Danville Kentucky listing assets of 863 dollars and liabilities of 3080 dollars and 14 cents.
John I. Lunsford, attorney, filed yesterday for the Democratic nomination for Kenton County Attorney. He moved to Covington in 1904, worked for the C and O Railway, studied law at night, and opened offices in the Coppin Building. Edward J. Tracy may seek re election. Republican candidate is Rodney G. Bryson, Assistant U.S. Attorney.
John H Murphy aged about years, longtime resident and road worker, died yesterday. Funeral services will be held Saturday at 2 o'clock at Mary's Cemetery Chapel, followed by burial in the parish cemetery. Real estate transfers listed include Jeptha D Clements to JJ Covington and D Collins to Le Gittins, with various Covington parcels and stamps valued at amounts including 3600 dollars.
Mrs. William J. Cain announced at Mrs. John Todd’s home that 803.13 had been raised by tag sales with pledges pushing toward 1 000 for playgrounds. Mothers and Teachers clubs approved affiliating. wading pool and slides planned. fund to cover supervisors and handicraft director. Special thanks to George Fender and Dr M Higgins for car service.
The Rev. John F. Herget of Cincinnati spoke at the second service of Dayton Kentucky's First Baptist Church diamond jubilee. The weeklong celebration opened Tuesday with the theme Church and Country, and featured soloist Carrie Spillman-Collard and choir director William Greble.
William D. Oliver sues Edward P. Tyler to stop disposal of Oliver and Tyler assets. Claim alleges Tyler collected money but did not pay firm debts totaling 3700. Rosa E. Droege sues Carl E. Droege for divorce after December 1924 separation. seeks alimony and baby custody. marriage October 28, 1922 in Erlanger Kentucky.
The Woman's Board of Managers of the Campbell County Protestant Orphans Home meets at Christ Evangelical Church Ft Thomas Friday afternoon to plan the annual fete on the home grounds at Fifteenth Street raise funds for the home. Newport Hotel’s Thomas fined five dollars and costs for disorderly conduct after denying he knew police. Cincinnati’s Carl Hiller fined three dollars and costs for failing to stop at Third and Overton. Clifton City Council to ban garbage dumping at Nineteenth and Home and behind St Vincent de Paul Church via a citizens petition.
Florence Schroeder transfers a Newport lot to William A Rust for 8500 in stamps.
A list of individuals including Anthony Malora Lucy Montasano James Gordon Beshop Ruth Burgia Walter Leap Margaret Preusch Alfred Norvell Alma Clark with residences in Cincinnati Newport Indianapolis Middletown Franklin Ohio indicating a marriage notices fragment across multiple locales.
Two divorces were filed yesterday in Kenton Circuit Court. Mary McIntosh sues Perry McIntosh for extreme cruelty seeking custody of Pauline aged 4. A will case, Ella Grubbs estate, lists John Middendorf as clerk and mentions division among widow and three children with P. P. Hunter as administrator. A separate divorce granted to Mrs Cra Agins from Jerry Atkins on abandonment. County officials filed demurrer to a mandamus petition aimed at stopping a new electric pump installation at Ft Thomas station.
Manhattan Electric Supply Company pays quarterly $1 to stock of record June 20 with July 1 payment. Uni Light and Power issues quarterly 50 cents and $1.62 Class A and B, with August 1 common and July 15 record. Associated Oil, Bankers Trust, American Express, National City banks, American Woolen, and Guaranty Trust declare various quarterly dividends with specified pay dates and record dates. Willys-Overland issues $1.76 quarterly payable July 1 with June 20 record.
Miss Mary Duncan, 20, is dismissed on murder charges after a deathbed claim that the shooting of Harry Rader was an accident. The Kenton County Grand Jury filed 35 indictments including willful murder for J R Sexton and Percy Walker, grand larceny cases, and numerous public nuisance and intoxicant offenses across Covington, Newport, and Kenton County.
Four men faced Commissioner yesterday on prohibition liquor charges with bonds from 200 to 1500 dollars. James Beck of Newport bound over for grand jury on 500 dollars after arrest April 18. investigators found 256 pints and 12 glasses at his residence. Tony Romero of Clifton, Kentucky held on 1500 dollars for possessing liquor after a May 20 raid yielded a still, 2000 pounds of sugar and 20 gallons of whisky. Olly Lee of Covington bound over on 600 dollars after Covington Police Court transfer on May 1. I L Lycon of Ogallalla held on 200 dollars with June 10 hearing. charged with possessing a half-pint bottle at Latonia race track.
A partially legible OCR fragment lists individuals including Harry Z Cook Marie Romine George Heil Frances Ryan and others alongside scattered city names such as Thornville Dayton Lima Toledo Springfield in Ohio, suggesting a civic or legal notices roster.
Radio fans are offered a new Volta-Tonic compound that recharges 12 or 13 dry cell batteries for 7 cents each, claiming savings over 66 percent. The ad promotes shipping anywhere at 75 cents per bottle from Volta-Tonic Co. at 636 Sixth Ave Dayton Ky.
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