Stocks Lose Ground Amid Speculative Trading Decline
The June 5 report from New York notes widespread selling driven by overseas weakness and European selling, with a late-day push by professionals to push prices lower. Chesapeake & Ohio stood out for its dividend announcement amid the decline, while tobacco shares also weakened on light volume.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
London
Takime
Chesapeake & Ohio
Dry goods market steady with upcoming sales to clear stock
New York market notes a steady dry goods scene with Lonsdale 4-4 bleached cottons at Tlac and quiet prints. Agents forecast special sales to move wash goods and fancy cotton lines, while men’s wear mills press agents to bring items to spring markets.
MENTIONED IN THIS ARTICLE
New York
Lonsdale
Market Ends Firm After Turbulent Session
June 5 stock market opened with liquidation and uncertainty over next Tuesday settlement. American shares and Mexican rails showed weakness, then renewed buying lifted Consoles, home raises, and Kaffirs. Late trading saw a sharp recovery as money remained in demand and discount rates stayed firm.
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Ruty
Wall Street
Wool clip sale opens with 200000 pounds sold in Shaniko
The first loss of the 1913 wool clip occurred at Shaniko Oregon with 200000 pounds sold at 13 to 14 cents. Buyers were representatives of Boston York and Chicago concerns. The next sale is scheduled for June 21.
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Pric
Boston
York
Chicago
Market unsettled by raw politicians and bond transfers
Cincinnati reports day clearings at 4,858,150 with bond transfers of 600,000 boosting gains. New York exchange steady at par as banks, rail and utility stocks show mixed demand amid 5 to 6 percent loan rates and selective offerings in Cincinnati and surrounding markets.
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Cincinnati
New York Exchange
Cincinnati Stock Exchange
New York
St. Louis
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United States
Northern Ohio
Barney & Smeth
American Rolling Mill
Suburban Telephone
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Globe-Wernicke Cammon
Joslin Schmidt
Procter & Gamble
Columbus & Xenia
Little Miami
Erlanger
Cincinnati Street Railway
Citizens’ National
First National
Col. G
U. S
Cincinnati, Stock Exchange
Coal Prices Hold Firm as Dealers Predict Premium Rates
Coal and coke markets show prices firm with signs of higher rates for premium grades. Steam coal around 1.90 per ton fob Cincinnati, buyers cautious while sellers expect increases before midsummer. Domestic coke 5.50 to 6 delivered. sashouse coke 4 to 4.25 fob Cincinnati. Movement to lakes and Northwest heavy. labor conditions mostly stable. Mulvihill of Reliance Coal touring mines.
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Kanawha
Cincinnati
West Virginia
New River
W. J. Mulvihill
Reliance Coal and Coke Company
Bank of England weekly statement tightens reserves
The Bank of England reports a fall in total reserve by £485,000 and a rise in circulation by £376,000. Bullion and other securities decline, deposits dip, notes reserve falls, while government securities stay unchanged. Reserve to liability ratio moves to 52.27 percent from 52.04 percent.
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London
Bank of England
Business Men's Club Hosts Town Criers and Advertisers
Civic Secretary R H Cox notified the Cincinnati Advertisers' Club that the Waterloo Town Criers would visit this afternoon and the Advertisers' Club would attend a tea. The two groups depart this evening at 6 and 10 oclock respectively. President Hinsch informed Indianapolis Town Criers president H E Kiester of the arrangements. New prizes arrived for the June 11 outing athletic contests and are on display in the club lobby. Guest registrants included J F Henry Brooklyn C H McNear Chicago M C Morrison Chattanooga H McC Bond Chicago Julius Quasser Chicago A E Schell Charleston W Va H R Manning Middletown Ohio A g Baird Green Lake Wis and W S Laken Lockland Ohio.
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R. H. Cox
Business Men’s Club
W. H. Sutherland
Cincinnati Advertisers’ Club
Town Criers’ Club
Waterloo
Business Men's Club
Town Criers
Hinsch
H. E. Kiester
Indianapolis
Business Men's Committee
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Brooklyn
C. H. McNear
Chicago
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Chattanooga
H. McC. Bond
Julius Quasser
A. E. Schell
Charleston
W. Va
H. R. Manning
Middletown
A. G. Baird
Green Lake
Wis
Tobacco sales improving on local breaks
The tobacco market shows growth with higher prices prompting four sale days weekly at all warehouses starting next week. Thursday sales totaled 39 hhds across Globe Buchmann Farmers and Shippers with prices mainly 4 to 14 cents per pound, some high grades over 18 cents. Many local brokers and warehousemen left for a brief trip to Richmond for leisure.
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Globe
Buchmann
Richmond
Louisville
Old Burley
Burley
People’s Warehouse
New Burley
Planters-Central
Farmers
Kentucky
Ninth Street
Oil market notes from Toledo to Wilmington and beyond
Toledo price quotes show Wooster at 1.91 and North Lima at 1.39 with Lima and Indiana at 1.34. Duluth linseed cash 1.29 1.31 on futures. Wilmington spirits turbentine and rosin steady with receipts. Oil City balance and rosin figures. listed crack spreads and bottle stock values across multiple oils and grades.
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Toledo
North Lima
South
Lima
Indiana
Duluth
Wilmington
Oil City
Isceute Larhkan Ohio
Shipre Vbis
Markets in Cincinnati Wheat and corn demand fluctuate in slow session
The Cincinnati market report for Thursday evening June 1 1918 notes good wheat demand with moderate offerings and a firmer tone for corn. Barley oats and hay show weaker or heavy offerings and lower prices, while flour and rye markets display mixed to steady moves amid broad commodity activity.
MENTIONED IN THIS ARTICLE
Timothy
Tiimothy
New York Mercantile Prices Firm Amid Market Activity
June 5 New York Prime mercantile paper 5 percent. Sterling exchange firm with actual business in bankers' bills at 453 for six day bills and at 4 3/4 for demand commercial bills 489. Silver 60 1/2 cents. Mexican dollars 4 percent. Government bonds firm. Railroad bonds week.
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New York
Prime Mercantile Paper
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