Market Gains Amid Busy Trading on Local and New York Exchanges
The report shows a robust session with 1,206 shares traded locally and 1,717,300 shares and $10,087,000 in bonds on the New York market. Amérean Rolling Mill and Fleischmann preferred, Procter & Gamble, Cincinnati Gas and Electric and Ohio State Telephone led gains amid active crossings, with bank clearings at $9,052,961.
MENTIONED IN THIS ARTICLE
New York
Cincinnati
Amérean Rolling Mill Common
West Virginia
Ica
Ohio
Pimbhanze
Owens
Vwommon
Ares
Ohio Fuel
Napolis Telephone
Ohio State ‘Teleghone Common
Threve
Sm Cai
aMernoog c
Cincinnati Street Railway
Northern Ohio Electric Corporation Common
Northern Ohio Traction and Light Preferred
Ind
Bank of France Weekly Statement Shows Mixed Movements
Paris on June 5 reports a rise in notes in circulation by 69 63 610f and deposits down by 67 668 204f while bills discounted increase 42 06 f and advances rise 22 49 Lif. The figures indicate higher currency in use and tighter deposit levels with mixed loan activity.
MENTIONED IN THIS ARTICLE
Paris
Bank of France
Commodity market closes with varied industrial bids
Chicago on June 6 shows Armour at 103 percent while Booth 22 Carbide at 78 percent and Libby at 17. Lindens and Match 116 listed alongside Sears-Rosbuck 206 Stewart-Warner 10th. Swift International 5 percent, Swift & Co 126, Tool 7 reflect steady trading across firms.
MENTIONED IN THIS ARTICLE
Chicago
Armour
Booth
Cudahy
Libby
Sears-Rosbuck
Stewart-Warner
Swift International
Swift & Co
Tool
Chandler Motor Co Declares Record Dividend Amid Prosperity
At today's Chandler Motor Company board meeting a $16 annual dividend is expected, up from $12, with an extra $1 at the coming disbursement. The company cites unprecedented progress and $2,000,000 earned in five months before tax, implying about $28 per share on 70,000 shares and a 500-car weekly shipment rate for a net around $4,000,000.
MENTIONED IN THIS ARTICLE
Chandler Motor Company
American Mortgage Company of
Cincinnati
Ohio Valley
Bank of England Weekly Statement Declines in Reserve
London on June 5 the Bank of England reports a weekly change with total reserve down 179 000 and note reserve down 236 009 while circulation rises 1 023 000 and public deposits grow 5 948 000 Other deposits up 407 000 and government securities up 199 000 The reserve to liability ratio falls to 18 4 percent from 19 19 and the rate 1 discount stands at 5 percent.
MENTIONED IN THIS ARTICLE
Bank OF England
London
New York Bonds by W. E. Hutton & Co Evening Report
Bond sales summary from W. E. Hutton & Co at First National Bank Building notes total beds sold for the day and market activity in New York.
MENTIONED IN THIS ARTICLE
W. E. Hutton & CO
First National Bank
New York |Stock Exchange
New York
New York Stock Exchange Gains After Late Liquidation
On June 6 the New York Stock Exchange resumed the general price advance after Tuesday’s liquidation. United States Steel and independent steels led gains helped by favorable trade reports, with United Fruit and Atlantic Gulf and West Indies 10 178 among notable movers. General Motors and Tobacco Products hit new highs, while total daily volume reached 1,750,000 shares and bonds remained steady.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
United States Steel
Independent Steels
Atlantic Gulf
United Fruit
International Mercantile Marines
United States
Liberty
Victor
Victory
Bank Clearings Report From Cincinnati and National Markets
Cincinnati reports daily clearings of 9,052,961 with last day at 10,160,081. call rates 5 to 6 percent for stock brokers and loans. Stock Exchange sales show 1.29 shares traded. list includes American Rolling Mill, Fleischmann, Procter & Gamble, U. S. Printing and Lithograph, Ohio State and other names. Chicago and St. Louis report clearings of 94,622,117 and 24,830,376 respectively with modest discount and loan rates.
MENTIONED IN THIS ARTICLE
Ohio
Syria
Stoc
Broadway
Newport Bridge
Cincinnati Gas Transportations
New York
American Bolling Mill Common
Champion
Casey- Pietiges
Corcoran- Victorreferred
Gibson
Globe Soan
Cincinnati
Cincinnati Stock Exchange
American Rolling Mill
American Seeding Machine
Fleischmann
American Rolling Mill Rom
Lawson Co
Paragon Refining, Co
Procter & Gamble
U. S
Ohio Cities Gas
Ohiotate Telephone
Ohio State Telephone
Cincinnati Street Railway
North, Ohio Tract, and Light
U. S. Printing
Cincinnati Gas and Bloc
Cities Service Co
Bankers
Columbia Gas
Special Dispatch
the Commercial Tribune
ST. Louis
Federal Reserve. Bank
New York Exchange
Wool Market Report Signals Steady Prices Across Regions
The Commercial Bulletin notes a quieter week with Western demand softening slightly, while foreign markets hold firm. Wool prices show varied levels across fleece types and regions, including Texas secured bids and California and Oregon price ranges, with steady overall market tone.
MENTIONED IN THIS ARTICLE
Boston
Platt
Mio
Pennsylvania
Delaine
Michigan
New York
Wisconsin
Missouri
New England
Virginia
Kentucky
Texas
California
Midie County
Oregon
Valley
Territory
Produce Exchange Votes to Skip Saturday Sessions
Cincinnati Produce Exchange members vote to hold no sessions on Saturdays through August, effective immediately. No price changes for eggs butter calves. poultry prices mostly steady with minor cuts. Grain and produce markets show dull demand amid mixed price shifts and policy news from the Food Administration.
MENTIONED IN THIS ARTICLE
Cincinnati
Produce Exchange
Butter and eggs trade notes from New York to Indianapolis
Dispatch reports butter prices and egg receipts across multiple cities. New York offers higher creamery butter and strong egg receipts. Chicago Cleveland Philadelphia Indianapolis record varied butter, eggs, and poultry markets with regional price ranges and stock moves.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Chicago
LovuIs
Cleveland
Taney Dairy
Philmeelphia
Coffee futures slip as late gains fade in New York market
New York June 6 prices opened lower by 4 to 10 points with limited sales. September and December traded higher early but buying faded and the close showed a net loss of 7 to 13 points. Spot Rio and Santos offers appeared with no major spot changes. Closing bids listed for July to May futures and Brazilian port receipts noted.
MENTIONED IN THIS ARTICLE
New York
Santos
Rio
Reig
Rio Exchange
London
Jundiahy
Market Quotes and Rates From New York and London
New York Mercantile paper 5 4 per cent and assorted sterling rates with sixty day bills around 4 58. Government bonds and time loans steady. Call money around 5 to 6 per cent, bank accepts 41. Bar silver at 1.09, Mexican dollars at 0.0. London bar silver 5 34d per oz with money at 2 per cent and discounts on short and three month bills near 3 to 3 1/2 per cent.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
London
Columbus Stocks Show Mixed Gains on Market Close
Cities Service common ended at 5aSi8 with preferred at 79 percent and bankers at 3 percent. Ohio Gas last sale traded at 59 percent.
MENTIONED IN THIS ARTICLE
Columbus
Cities Service
Bankers
Ohio Gas
Henry J L Doherty Co Announces July Bankers Shares Distribution
Henry J L Doherty and Company declares the fourth Monthly Distribution for Cities Service Bankers Shares payable July 1 to shares of record June 15. The distribution rate is 42.8 cents per Bankers Share.
MENTIONED IN THIS ARTICLE
Henry JL. Doherty & Company
Bankers
Ohio Incorporations in Columbus June 6
Ohio Tec: list of corporate incorporations and stock increases across Canton Akron Cleveland Elyria Youngstown and other cities. Includes International Export Company Canton 000 by Wendell Herbruck and Park Gate Pharmacy Cleveland 20000 by Alfred Safran plus numerous stock increases and new filings across Ohio firms.
MENTIONED IN THIS ARTICLE
Columbus
International Export Company
Canton
Wendell Herbruck
Embro Metal Hoop Company
Wiliam H. Caynah
George 9
Park Gate Pharmacy
Cleveland
Alfred Safran
McDonald Underseat Value Company
John L. Dowling
Lodge Service Publishing Company
Dayton
Jacob O. Myers
National Shoe Service Company
Elyria
A. C. Yungklause
General Construction Company
Niles
Leo S. Spahn
Chaney Manufacturing Company
Springfield
Maurice Company
Mahoning Foundry Company
Youngstown
Superior Electric Company
Market Notes Linseed Turpentine and Oil Prices June 6
June 6 reports show linseed on track around 4.8 to arrive 4.66 in July and September at 41 percent bid. Savannah commodity figures list turpentine and rosin sales, receipts, and stocks with varied bids from B to N and window glass and water white markets. New York notes oleomargarine, cotton and lard dynamics with price moves in cotton seed oil and futures bids from 20.50 to 25.35 cents for crude to December contracts.
MENTIONED IN THIS ARTICLE
Duluth
Savannah
New York
Copper and metal prices rise in New York and London markets
New York reports copper electrolytic spot for June and July at 17 dollars, August at 17.3. Iron remains unchanged. London quotes copper spot at £79 10s, futures £79 1s 6d. spot electrolytic £82, futures £88. Tin spot £254, futures £229 1s. Lead spot £22 1s, futures £22. Spelter spot £35 10s, futures £55 4s. Metal Exchange notes lead firm. spot $5.10 to $5.50, July $5.15 to $5.35, spot spelter $6.10, futures $5.17 to $6.40.
MENTIONED IN THIS ARTICLE
Seles
Baldwin Locomotive Baat
Bethlehem Steel
Tveres
Butte-Superior Copper
California
Chandler Motors Wee Wees
Chile
Chino Copper Ae
Colorado Fuel and Iron
Columbia Gas
Continental Gas
Crucible Steel
Wederal Steel
General Motors
General Electric Stewenee Rr
Goodrich Co
Greene-Cananea
Industrial Gulf States Steel Co
Alcoh
Ee Reesens
Inspiration Consolidated Copper
International Harvester of
N. J
International Nickel Co
Eg Fos Cdecaee
International Mercan Marine
International Paper
Kelly-Springfield Weet
Kennecott Cowper Ome Ewes Versoine
Miami
Midvale Steel Peet
National Biscuit Aee
Sione National Lend
Nevada
New York
Ohio Cities
Gorink
Ohio
Owens Bettle Mach
Pacific Mail
Pete Bonis
Pierce Arrow
Pete
Pittsburg
Eeebas
Railay Steel Spring
Sears-Roebuck Ee
Studebaker Corporation
Superior Steel Corporation Ee
Tennessee Copper Steel
Texas Oil Co Semnen Ser Eve Ves
Tobacco Products Corporation
United Alloys Steel
United Ee
Iisessis
United Food
Unite Fruit Co
Hee
United States Rubber
United States Steel Takare
Ameter Ewes
Utah
Virginia-Carolina Chemical
Virginia Iron and ‘Oal Tre
Westinghouse Electric
Willys-Overland
Treveen
BRL
Wilson & Co
ENS
W. E. Hutton & Co
Alfred Hill & Co
Butte
Bingham Ceedasen
Anglo-American Oil Co
Wade Des
Canada
Atlantic Refining
Consolidated Arizona
yeborne-Scrymser Co
Buckeye Pipe Line Co
Consolidated Bee
Cheseborough Mfg. Co
Cosden Oil
Continental Oil Co Op
Caledonia
Crescent
Rees
Davis-Waly
Cumberland
Ely Consolidated
Eureka
Imma
Galena Signal Oil Co
Celens-Sienal
F. ‘Consolidated
Illinois Pipe Line
Bane
Indiana Pipe Line Co
Hollinger Ee
International Motors
Southern
Jerome Verde
South Penn
Rene ” Southinst
la Rose Peedeeseses
Magia Co Segdaseiansee
Eee
Pesertsaes
Indiana
Marconi Ovbebeedesies
Kansas
Mason Valley
Kentucks
Nebraska Eeeereees
MecKinley-Darling
New Jersey
Ewetee
Montana
Tonopah Sabaerere
Crees
Dees Ceeeens
S. QO
Cath Ecole Recomed
Manhattan Transit
F. S BS
Rh. Oy & P
Seeree Deseereres
Merritt Oil
Midwest
Cc & St
North Butte
Pbs
Col Southern Ist
St L. Viay Thersules
Can.is
Col
South
L. K St
D& RG
Erie
Amer Agr Chem
H & M Rf
St I
M. Adj
Inc
Mar.s
United
United Verde
Ss. P
Adj
Yukon
Lig. & Meyers
Wayland
Steel P. m
Houston
Braden Cop. S. F
Texas Pacific
Adj. Su
Grant Motors
WN. O
ine + SR
Martin
Curtis Tee
N. W. Cy
Morrig
Wilson Co
Gea Eaene
W. Gen. Fa
International Fey
London
Spot Spelter
Stures
New Wheat Plan Offered in Congress
Representative F Fitzgerald of Massachusetts introduced a resolution to shift wheat duties from the Food Administration to the Department of Agriculture and to require Secretary Houston to sell wheat at world market price. The action follows reports from the Paris Economic Council led by Herbert Hoover that no food shortage will occur after the next harvest and that the last American food ships will depart for Europe late this month.
MENTIONED IN THIS ARTICLE
Washington
F. .Zgerald
Massachusetts
Food Administration
Department of Agriculture
Houston
Congress
Economic Council
Paris
Herbert Hoover
Europe
Railroad to issue 20 million debenture bonds authorized
The Pittsburg Cincinnati Chicago and St Louis Railroad Co is cleared to issue 15 year 6 percent debenture gold bonds totaling 20 million dollars dated January 1 1919 and due January 194. Six million used to pay the United States Railroad Administration for improvements and sixteen million to reimburse the company's treasury for improvements.
MENTIONED IN THIS ARTICLE
Columbus
Pittsburg, Cincinnati, Chicago and St. Louis Railroad Company
State Public Utilities Commission
United States Railread Administration
Sugar Market Steady in New York Trading
New York market for raw sugar held at 7.25 cents a pound for centrifugal to refined. Board showed two new purchases and refined demand appeared to ease with lower inquiry. Prices remained unchanged at 50.0 for fine grain.
MENTIONED IN THIS ARTICLE
New York
Fime
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Goodyear Tire and Rubber
Globe-Wernicke
Gruen Sons Watch Airset
Vivid
Lawson “B
National Acme
Paragon Refining
FL Johnson Paint
Emery
Dpd
Cincinnati Gany and Electric
Eras Twe Cloe
Onal Bank
Bank OF France Statement
P. C
Leak
Batimore & Ohio
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Osty
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Chesapeake & Ohio One
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Northwest
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Jc. CG
Bell
Colorado Southern
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iClose
P. A Advance Rumely
Ajax
Alaska Gold Tenner Tee Weene Ten S
Shearer Pe
Car and Foundry
American Ice Securities
Ato
Odin Dore Peveloeccuves
Teeeee
American Suzer Refining Co
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American Tobacco Saa
Eet Eeeeewees
Anaconda Mining Co
Fifth- Third National Bank
National Association of Credit Men
Cincinnati Association of Credit Men
Detroit
Big Four
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Lewis EK. Pierson
American Acceptance Council
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Sloy
George A. Howard Farming Company, Tolco