Wheat Market Drops After Drought Fears Pressure Prices
Cincinnati June 5 1928 wheat and grain prices eased on reports of improved corn prospects and rain in the belt while rumors of drought lingered in the Northwest. No. 2 red winter ranged around 1.77 to 1.80 with other grades quoted lower. cash oats and hay showed mixed, firm premiums for choice timothy and clover.
MENTIONED IN THIS ARTICLE
Cincinnati
Northwest
Texas
Liverpool
F. Co. B
New York
Timothy
Clover
United States Bureau of Agricultural Economics
Ben Davis
United States
Louisiana
Mississippi
Alabama
California
Florida
Indiana
Florida Express
Tennessee
Carolinas
Minnesota
North Dakota
Spaulding
Kentucky
Hampers
Nancy Halls
Atermelons
Tom Watsons
Mosier
Lima
Market Report Shows Mixed Loan Rates and Trading Activity
In late June 1928 local banks report aggregated loans at 5 to 6 percent with call and time loans favoring stock brokerage houses. Cincinnati Stock Exchange records show 5,635 stock shares and 1,851 rights traded, versus prior days. Prices for agricultural goods and dairy products are listed with fluctuating track sales and prominent listings of company stocks.
MENTIONED IN THIS ARTICLE
Cincinnati Stock Exchange
the Exchange
Ahrens-Fox A
American Laundry Mach
American Laundry
American Rolling Mill
American Thermos Bot
American Ther
Buckeye Incubator
Carey
Champion
Churngold
Cincinnati
Cincinnati A
Cincinnati Gas
C. K
New York Bonds Report Shows Daily Prices and Sales
On June 5 on the New York Stock Exchange prominent bonds across government domestic and foreign issues were listed with high, low and closing prices alongside total sales for the day. The report tracks Liberty 334s Do 4% Treasury 414s and many others with precise price ranges and trading volumes.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Foreign exchange rates in New York today
New York World News Service reports June 5 foreign exchange quotes. Sterling demand 4.87, cables 4.88. Austria cables 14.12. Belgium demand 13.95, cables 13.96. France demand 8.98, cables 39?. Germany demand 23.87, cables 23.88. Other prices include Sweden 26.82, Portugal 4.30 demand, 4.35 cables, Manila 49.44, Yokohama 46.80, Buenos Aires 42.68, Rio 12.02 demand, 12.05 cables. Montreal funds in New York 99.78.
MENTIONED IN THIS ARTICLE
Liberty
Treasury
Dodge Bros.deb
Ore
Wash R. R. &N. Otis Stee Pac
Gastee Pan-Am
Penn
Dogen
Arene
An&z
Ahbslantun Sinclair Pipe Lines
Skelly Oil
Sou
Dorfg
Southern’ Ry. Gen
Oil N. J. Leb
Std. Oil N
Tex & Pac
Union Pacific
U. S. Rubber
U. S. Steel Sf
Utah Light&Tract
Utah Pow. &Light
Wena Ry
Yngston.s.&t
Fiat
France
Sane France
Andes Co
M. Armour&Co
del. A. T
S. F
Gulf & W. I
Beth
Steel
Buff
Carey
Can
Pacific
Central
Pac
Ches. Corp
Che.&Ohio Cvt
Chi. & E. Ill
Chi. Gt. Western
Cmstp&pac
Do Adj
N.W. Aas
Aeiatd
Chicago
T.hte
Chile
Columbia
G.&e
Con.gasn
Cuba
C. Sug
N. Rys
Den
RioGr. Con
R.g.wes
Duquesne
Erierf. & Imp
Florida
Florida E. Cst
Gen.Motor Accep
Goodrich, B. F
Good Ear T.&r. Bs
Gt. North. Ry
Hudson Coal
Hud.&Man
Rfg
Do Ad
Lorillard Co
Loc. & N. Unified
Market St. Ry
McCrory St
Mid. C. Pet
Midvale St L.cot
Miler&l
Msp&ssm
Missouri Pac
Mobile&Ohio
Mont. Po
Ea, de Morris & Co
Nengt&t
N.O
Tex
Mex
IDNYC
N. Ohio
A. Nor. Pacific
Phila. Co
Read
Porto
A. St. L
St.p
K.c.sh.li
Seaboard A. L. Co i
Sea al Fla. Ry
Shell Union
Wabash
West
Tae
Westghse
Mfg
Wilson & Co
Wis
Australia
Austria
Gtd. Belg. Stab. In
Ts Do
Brazil
C.ry.el. Es
Budapest
Bulgaria
Mun
Zia
Milan City
M. M. Netherland
New
S. W
Nord. Ry. Sf
Norway
Santa Fe
New York World News Service
New York
Belgium
Czecho-Slovakia
Denmark
Finland
Germany
Greece
Holland
Hungary
Italy
Hongkong
Singapore
Shanghai
Manila
Yokohama
Buenos Aires
Rio de Janeiro
Montevideo
Valparaiso
Montreal
Standard Oil Stocks Mixed as Market Fluctuates
A compact stock report lists prices for Standard Oil and allied companies with closing figures, highs and lows. Entries include Anglo-American Continental Cumberland Galena Humble Ohio Oil and others, showing varied gains and discounts amid a volatile trading session.
MENTIONED IN THIS ARTICLE
Standard Oil
W. E. Hutton & Co
Cumberland
Galena
Southwest Penn
Oil of Cal
Oil of
Ind
N. J
Oil
N. Y
Ohio
VC Uede Siitecerac Socheses
Burton to Decide on Senate or House Candidacy
Special dispatch from Washington reports Theo dore E. Burton will announce within two days whether he runs for the short term Senate seat or stays in the House. He plans to make his intentions known before leaving for Kansas City on Friday.
MENTIONED IN THIS ARTICLE
Burton
The
Commercial Tribune
Washington
Theodore E. Burton
United States
House of Representatives
Kansas City
Financial notes on money market and stock actions
The biweekly market letter from Gibson and Gradison cites money of primary importance to speculative sentiment. Call loan renewals hover around 4 1/2 6 percent, with the average higher than a month ago. Credit demand for speculative loans and new issues grows, but expansion slows. Commercial loans show little growth, and June demand remains light. A bullish view rests on no money tightening before September. Gold export driven reserve shrinkage forces Fed balance expansion. An Int Printing Ink listing may appear on Cincinnati and NYSE trading around 45 46 with 4 bid 46 asked. Union Tobacco plans a $7.5 million stock dividend for jobbers and retailers.
MENTIONED IN THIS ARTICLE
Gibson &Gradison
Federal Reserve
National and corporate moves span finance and transport
Plans to shift ownership in retail groups coincide with a major gold transfer to England totaling about 41 million dollars since last December. Roy E. Tomlinson joins Reading Company board. A Spain highway project from Madrid to Imin advances with a 0,600,000 estimate. Several corporations announce stock dividends, public offerings, and governance actions across sectors.
MENTIONED IN THIS ARTICLE
England
National City Bank of New York
London
Aquitania
United States
Fox Brothers’ International Corporation of
New York
Spain
Madrid
Imin
Pyrenees
Paris
Biarritz
Wheat Prices Slip on Rain Forecasts and Liverpool Drop
Chicago reports show wheat prices tumbling amid rains in the Canadian Northwest and showers foreseen in American spring wheat regions. Automated stop losses and a Liverpool downturn push grains lower. Noon quotes show wheat down 2 to 3 percent, corn off around 0.5 to 1 percent, and oats and provisions also weaker.
MENTIONED IN THIS ARTICLE
Chicago
Canadian Northwest
Liverpool
Ship Company Sold to Barber Line in New York
The American West African Line, a ten vessel fleet totaling 82000 dead-weight tons, was sold today by the Shipping Board to the Barber Steamship Company of New York for 2263506 dollars.
MENTIONED IN THIS ARTICLE
Washington
American West African Line
The
Shipping Board
Barber Steamship Company of New York
Mellon Announces New Treasury Financing Plan
Washington June 5. Two issues of short term certificates of indebtedness form the quarterly June financing. A 4 percent six month and a 3 1/2 percent nine month issue, each for 200 million dollars, will retire 400 million dollars of maturing certificates on June 15. Also 85 million dollars in interest will be payable. Mellon expects to invite tenders for third Liberty loan bonds soon for Treasury purchases with surplus funds.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Mellon
Grain market summaries from Minneapolis on June 5
Minneapolis grain report shows flour unchanged and shipments at 39,095 barrels. Prices include Bran at 20 to 29.50, Wheat No 1 Northern at 1.40 with July at 1.40 and September at 1.41, Corn No 3 yellow at 1.01 to 1.02, Oats No 3 white around 61/4 to 62 1/2, Flax No 1 at 2.33 to 2.38.
MENTIONED IN THIS ARTICLE
Minneapolis
Ohio Truss Company Advertises Fresh Rubber Abdominal Supporters
All abdominal supporters and elastic hosiery sold are made of fresh rubber for longer wear. The Ohio Truss Company at 12 E Ninth Cincinnati markets non skid abdominal supporters with patented stays to prevent top or bottom movement. Call price line Cana 737 for details. Both men and women attendants offer service.
MENTIONED IN THIS ARTICLE
International Printing Ink Corporation
Messrs. Price, Waterhouse & Co
Also Mentioned on This Page
Cincinnati Board of Trade, Inc
Daily Market Report
Local Financial
Nati Street
T'sphone
City Ice
Coca-Cola_ Bot
Crosley Radio
Eagle-Picher Eagle-Picher
Eagle-Picher
Eagle-Picher Formica Insuli
Ben
Formica Insulation
Formica
Gibson Art
Gibson A A
Gibson
Hatfield-Campbell Coal
Hobart
Kodel
Meteor Motor Car
National Recording
Paragon Ane A
Kodelio A
Kroger Grocery
Bak
National
National Recording Pump
Paragon Refining
Procter Gamble
Procter & Gamble
Cincinnati City Ice
Fuel City Ice
Fuel Crosley Radio
American Rollins
Buckeye
Eagle-Picher Lead
Paragon Refining Pref
Cincinnati Union Stocky
Vulcan
Sbadesmeeneazan
Central Brass
Kroger Grocery and Baking
Kroger Grocery and Baking Keit
Canada
China
India
Japan
Poland
Sweden
Switzerland
Syria
Argentina
Uruguay
Venezuela
Ign
NEW York Bonds
ONDS
Joanne
Vie Rbz
Investment Security
Procter and Gamble
Irwin-Ballmann Co
Walnut St
International Priting Ink Company
George J. Whelan
Union Tobacco Company
Whelan
Schulte Cigar Stores
United Cigar Stores
Roy E. Tomlinson
National Biscuit Company
Reading Company
Ira A. Place
Central States Electric Corporation
Egular
Duplan Silk Corporation
Lehman Bros
Standard Oil Company of
New Jersey
Intercontinent Petroleum Corporation
South America
Inland Wire and Cable Company
Record One
Wright Aeronautical Corporation
American Locomotive Works
Paterson
Gumberland Pipe Line Company
Chicago Grain
National Park Bank of New York
Central Trust Company
Central Union Trust Company of
First National Bank of
International Printing Ink "Corporation
John M. Tuttle
Maynard F. Holt
Ault & Wiborg Company
Ault & Wiborg Co
Queen City Printing Ink Company
Philip Ruxton, Incorporated
Brooklyn
Newark
Philadelphia
Battle Creek
Mich
Maspeth
L. I
Los Angeles
Calif
Messrs. Price, Waterhouse & Co., Public Accountants
Martet
Aingi
Wulollinsilig
Dillon,Read & Co
First Investment & Securities Corporation
Shields & Company Incorporated
the Union Trust Company
W. E. Hutton & Company
Union Company
the Herrick Co
Ohio Truss Company