Traders Confused By Deterrents Yet Market Holds Steady
The Cincinnati Commercial Tribune reports mixed signals in the New York market with Bethlehem Lackawanna Steel consolidation news and internal stock exchange issues. United States Steel and Procter & Gamble led gains while oils and low priced rails fluctuated. money remained tight and bank clearings were light as markets steadied.
MENTIONED IN THIS ARTICLE
Cincinnati Commercial Tribune
Wall Street Mixed as Bonds Steady in Vacation Season
New York investors faced dull bond demand while stock activity remained uneven. Liberty bonds rose to near par with strong sales, total $4.46 million. Local stock dealings showed higher turnover in industrials and utilities but overall volume lagged, with notable activity in American Laundry Machinery and Procter & Gamble issues.
MENTIONED IN THIS ARTICLE
American Rolling Mill Common
Neil House Site To Rise 17 Story Fireproof Hotel
A new 17 story Fireproof Hotel will replace the Neil House in Columbus. The Neil House is described as the best known hotel in the country with a century of successful operation.
MENTIONED IN THIS ARTICLE
Neil
Columbus
The
Bank staff picnic to Natural Bridge Kentucky
Eighty Cosmopolitan Bank & Trust Company employees led by President H. W. Hartsough rode a special railway car to Natural Bridge Kentucky for a Sunday picnic and returned home late Monday morning.
MENTIONED IN THIS ARTICLE
Cosmopolitan Bank & Trust Company
H. W. Hartsough
Natural Bridge
Conte Rosso Sails Atlantic Inaugural Voyage
Manager Fred C Bush reports from the Depart ment of Tours and Traffic that the Conte Rosso reached New York with Cincinnati passengers praising the ship. The steamer will return and sail again on July 6 for its second voyage, carrying 249 first class, 28 second class, and 1 477 third class passengers.
MENTIONED IN THIS ARTICLE
Fred C. Bush
Department of Tours and Traffic
Fifth-Third National Bank
New York
Cincinnati
Atlantic
B&O Ry seals deal for thousands of freight cars
Wire reports that the Baltimore and Ohio Railroad awarded contracts to build 4,000 steel hopper and gondola cars and 1,000 box cars. The new equipment is estimated to cost the road over 6 million dollars.
Harding Poised to Name Governor for Federal Reserve
Washington dispatch reports President Harding will soon announce the appointment of Governor W P G Harding of the Federal Reserve Bank to succeed himself as governor of the bank.
MENTIONED IN THIS ARTICLE
Washington
Harding
W. P. G. Harding
Federal Reserve Bank
Bank
Dividend Declarations Range Across Multiple Companies
Canadian Electric cuts its dividend from 8 to 6 percent. Nickle Plate Railroad declares 2.0 dollars per common share payable June 3 with June 19 record and 1 percent quarterly for a year on second preferred starting June 19. Other notices include Atchison Topeka Santa Fe 2 4 percent preferred, Greenfield Tap and Die 2 percent preferred, Kelley Springfield Tire 1 percent preferred, Loose Wiles Biscuit back dividend 1 75 on second preferred, Twin City Rapid Transit 2 percent common and 1 percent preferred, all with various payment and record dates.
MENTIONED IN THIS ARTICLE
Canadian Electric Company
New York, Chicago & St. Louis Railroad Company
Nickle Plate
Atchison, Topeka & Santa Fe Railway Company
Twin City Rapid Transit Company
Money rates and contracts in New York market
The New York money market shows Honey at 4 percent, high. 3 to 4 percent elsewhere with closing bids at 3 percent and offerings at 4 percent. Call loans against acceptances at 8 percent. time loans firm at 4 percent for 60 to 180 days. Prime commercial paper at 4 percent. foreign bills 70 percent.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Foreign Bar Silves
Market Drops and Mixed Tides as Trading Slumps in New York
In New York June 6, speculative orders created price confusion as trading slackened with sales barely over 1,00,000 shares. Independent Steel fell after the Bethlehem Lackawanna merger bid while United States Steel neared a high before closing modestly lower. Oil, metal, and transport issues fluctuated with some gains in rail shares and utilities led by Consolidated Gas and Brooklyn Union. Liberty bonds finished mixed as foreign exchange showed little change outside a rising British rate to 4.51 for demand bills.
MENTIONED IN THIS ARTICLE
New York
Federal Trade Commission
Bethlehem-Lackawann
Stock Exchange
United States Steel
Studebaker
Lackawanna Steel
Bethlehem Steel
Procter & Gamble
Liberty
Victory
Union Light
Columbus Railway
Northern Ohio Traction
Cincinnati Gas and Electric
England
South Africa
Denmark
Holland
New York Stock Exchange
United States
Eadotty
Eeee
Bergen
Ccccee
Berne
City of
Bordeaux
Tokyo
City of Zurich &S
Department of Seiie
Dom. of
Can
Dutch East Indies
French Republic
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Kingdom of Denmark
Kingdom of Italy
Kingdom of Netherlands
Kingdom of Sweden
Paris-Lyons-Mediter
Republige
Chile
Republic of Cuba
Republic of Uruguay
State of Queensland
State of Rio Gr. Do Sul
U. K
U K
Baltimore & Ohio Ev
Bell Tel. of Penna
Bethlehem Steel Ref
Bethlehem Steel P. m
Braden Copper
Bklyn Edison
Bklyn. Rap. Tran
Central New England
Cerro de Pasco
Chesapeake & Ohio
Chesapeake & Ohilo
Burl, & Quin
Western
Mil & St. F
Mil & St. P
Chic. & Northwestern
Petts
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Consolidated Gas
Cuba
Detroit Edison
Detroit United Ryssigs Eles
Distillers Securities
DuPont de Nemowrs
Te Duquasne Light
Erie
Goodyear Tire
Grand Trunk Ry
Gale
Fe Ponds
Great Northe Ts
Great Northe
Hudson & M
Hudson & M Dj. Inc
Illinois Central
Illinois Steel
Siccv
International Agric
Interboro-Metrop
Ctfs
Interbors Rap. Tran
Inter. Merc Farines
International Paper Ref
Invincible Oil
Kansas City Southern
Kelly-Springfield Tire
Lehigh Valley
Liggett & Myers
Louisville & Nash
Market St. Rycon
Marland Oil
Mexican Petroleum
State Tel Ist
Midvale Steel
Gbieh
Minn
St. Louis
St. P
M. KK. & Tex
New Pr
M. Kk & Tex
New Adj
Mo. Kan. & Tex
Ist
Mo. Pacific
Montana Power Is A
National Tube
N. O., Tex. & Mex. Inc
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St. I
N. Y
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West
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Otis Steel
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R. R. Gen
Penna. R. R. Gen
Ceeee
Eoria & Eastern Inc
Rnverese
Pierce Oil Deb
Seeeee
Pc. ©. & St. L. Ss A Producers & Refiners
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Rock Ist Ark. & la
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Adj
St L. & San Fran Inc
Pr. Len
St Southwest Isl
Seaboard Air Line Con
Seaboard Air Line
Sharon Steel Hoop
Sinclair Oi] Co As
Sinclair Ol Col. Eee Wee
Southern Railway
South
Porto Rico
Standard Oil
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Third Avenue
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United Ry. Inv
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Weseeevere
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Sheensee
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Wilson & Co. S. F
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Gary
Lockwood Committee
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Missouri Pacific
Pittsburg
West Virginia
New Haven
Brooklyn Union Gas
People’s Gas
New York Dock
Former Councilman Pledges Beer Return If Elected
Lima Ohio June 6 William Tierney longtime Republican candidate for the Legislature announced he would vote for the return of beer whiskey and wines if elected but would oppose open saloons.
MENTIONED IN THIS ARTICLE
Lima
William Tierney
Dividend Notice From Cincinnati and Suburban Bell Telephone
The Cincinnati and Suburban Bell Telephone Company declares a dividend of one dollar per share to stockholders of record at the close of business on Tuesday, June 2, 1922. Payment will be made Saturday, July 1, 1922. R. C. Hall, Treasurer.
MENTIONED IN THIS ARTICLE
Cincinnati and Suburban
Bell Telephone Company
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First National
Weaver N & CO
P. Cc. Atchison
Bolo Eilesingits
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Faethe, Rabid ‘Dranc
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Chicago
N. W
Delaware & Lacka
Ityles aSiuction
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TOO Creot
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Mex
BO & Iss
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Pere Marquette
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Asussss
Ors Ihs Cos
Pittsburgh & W. Va
Sama Je See Ye
St. Touls & S. F
St. Louis& S. W
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Dopres
United By. Invest
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WAWOR
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Maryland
Pacific Ry
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Ajax
Allis-Chalmers
Bcc
Seeds Sci
Allied Chem. Dye
Amer. Bosch Mag
Gan Cee Odi Eod
Amer. Agricul. Ch
Coalee
Amer. Hide and L
Ceecses Setate Ss
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Amer
Ice Secu
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Amer. Locomotive
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W.I
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Champion Fiber Preferred
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Cincinnati Union Stockyards
Crown Overalls Preferred
Gruen Watch Common
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Owens Bottle Preferred
Paragon Refining Common
Procter & Gamble Common
Suburban
Ohio Bell Telephone Preferred
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Cincinnati Street Railway
Power and Lights Preferred
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York
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de Prele
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Enam
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422 Main
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TOM
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Richardson
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Ptg
Whitaker
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Lincoln National
Little Miami
Sub
Tel
Ohio Bell Telephone
Colorado R. P. & L. B
Colorado R. P. & L. B. Pref
Wren Eneseneesee
Procter & Gamble Co
American Laundry Machinery Co
Irwin, Ballmann & Co
Walnut St
R. C. Hall
Savings and Loan Ass’n Eagle Building
E. Court
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C. Loth
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