Peculiar Market Day Drives Rails to Record Highs on Exchange
A volatile session on the New York Stock Exchange saw Pere Marquette rise to a record high after an advance in American Locomotive and several rail issues, while Pure Oil and United States securities moved lower on dividend announcements and earnings signals. Bank volume strengthened with higher bonds and broader gains in industrials, as traders priced in April prospects and cross-border shipments.
MENTIONED IN THIS ARTICLE
Pere Marquette
New York
Fleischmann ' S
Owens Bottie
Columbia Gas and Electric (New
American Express
New York Stock Exchange
United States
Marland 'S
Warrant
Standard Oil of
Indiana
Rairie
Gulf Oil
Anglo-American
Stock Exchange
Cuba
Closing NYSE stock list shows mixed trading on June 6
Complete closing list of today's NYSE transactions reports ex-dividend totals and daily volumes. Industrials and railroads averages gained modestly, with broad share activity including numerous prices, percentages, and large block trades across many firms.
MENTIONED IN THIS ARTICLE
Associated Press
New York
New York Stock Exchange
Bond Market Summary and Foreign Exchange Rates June 6 1923
NY stock exchange bond prices show daily highs lows and closings with total sales of 10.5 million dollars. Cincinnati reports bank clearings 10,764,624 and call loans at 6 percent as money remains in strong supply. local bond listings include government and corporate issues with varied yields and prices.
MENTIONED IN THIS ARTICLE
Federal Reserve System
Mexico
Australia
Argentina
Associated Press
New York
New York Stock Exchange
Cincinnati
Stock Exchange
Cincinnati Stock Exchange
American Laundry
American Rolling Mi
Amer. Ll. Mill New
Excelsior Shoe
Fleischmann
Gibson Art
Procter & Gamble
Cinti. & Sub
Cinti. Gas & Elec
Cinti
Market Ends Day Higher After Early Leather And Oil Selloff
New York stocks opened with liquidation in leather and oil shares but rallied later as demand for equipment and low priced rails supported prices. General Asphalt and other issues posted new yearly lows while Pere Marquette rose on word of a four dollar rate.
MENTIONED IN THIS ARTICLE
New York
General Asphalt
Central Leather Common
American Hide and Leather Preferred
Pure Oil
Texas
Pacific Coal and Oil
International Harvester
American Express
Pere Marquette
New York Central
Chicago Northwestern
St. Louis Southwestern
American
Baldwin
United States Steel Common
Republic
California Petroleum
American Can
American Woollen
Call Money
Market summary of stock dealings and bid changes
The report notes new stock issues at 36 with twenty Ohio Bell Telephone preferred at 103 percent bids up to 103 and no other offerings. Cincinnati Street Railway shares total 30 sold at 29 with bids 28 and offers 29. C N C preferred 73 with bid up 0.25 to 73 and offers 75. Total daily stock sales reached 207 shares.
MENTIONED IN THIS ARTICLE
Stock Exchange
Preferred
Baldwin Common
Broadway
Newport Bridge
Champion
Dalton Adding Machine
Excelsior Shoe
Fay Egan
Fleischmann
Gibson Art Common
Procter & Gamble Advances
Icy-Het Botte
R & Gamble Common
United States
Third Union Savings Units
Cincinnati
Otterinks
Ask. C
Ber & C
S. A
Baldwin Gig
BG Inc
New Bridge
Dalton Ad. M
Keith D. the
Richardson
Whitaker
Aibees
Peice
Seat
Amer
Rolling Mill
Fcooper A
Fay & Egan
Pisiestetann
Cabeacesoedibeuigials Csakken Vece
French Bros.-Bauer Ace Spies
Gibson Art
Globe Soap
Globe-Wernicke
Gruen Watch
Kroger G
TOM” Eves
McLaren Products A
Manischewitz
Ake Paragon Refini
Procter & Gambk
U. S
U. S. Ptg
Lithcom
Cap
Cin
Gas and Electric
Columbia G. and
But Co
Ohio Bell Telephone Preferred
C., N. & C. Preferred
Cincinnati Street Railway
Cincinnati bankers set for Ohio Bankers Association Convention
Financial notes report that many Cincinnati bankers will attend the Ohio Bankers Association Convention in Toledo on June 21 and 22. Attending are Citizens National Bank President Charles W. Dupuis and First National Bank Vice President Robert McEvilley.
MENTIONED IN THIS ARTICLE
Cincinnati
Ohio Bankers’ Association
Charles W. Dupuis
Citizens National Bank
Robert McEvilley
First National Bank
Bank Officials Named for Toledo Convention Delegation
A list of bankers including J W White and E A Seiter as vice presidents and other unnamed Fifth Third National Society members are designated to represent their banks at a major convention. Toledo gears up with preparations and special trains will transport Southern Ohio delegates to Toledo. Harrod C Newland, president of Cos- is noted amid the arranged event features.
MENTIONED IN THIS ARTICLE
Mopolitan Bank and Trust Company
J. W. White
First National
E. A. Seiter
Fifth-Third National
Charles Deppe
Union Trust Company
J. R. Edwards
C. N. Edwards
Louis C. George
Toledo
con‘Superior
Southern Ohio
Harrod C. Newland
The
Cos
Cincinnati and Suburban Telegraph dividend payout details
The Cincinnati and Suburban Telephone directors announced a regular quarterly dividend of 2 percent payable July 2 to holders of record June 20. Books close June 21 to June 30. The International Mercantile Marine paid its semiannual dividend on preferred stock at 1 percent.
MENTIONED IN THIS ARTICLE
Cincinnati
International Mercantile Marine
Dividend cuts and passes by Amex and Ample companies
The American Express Company reduced its quarterly dividend to $1.50 payable July 2 with holders of record June 14. The American Glue Company also passed its quarterly dividend of $1 on the common stock.
MENTIONED IN THIS ARTICLE
American Express Company
American Glue Company
Cosden stockholders vote to increase authorized shares
Cosden & Co stockholders approved increasing common stock from 1.4 million to 8 million shares at par value as proposed by the directors. Britain is reportedly arranged to pay the June 18 war debt installment with dollar credits in New York. Belgium’s sale of 60 million gold marks to the German note via the Trentnry Department is noted.
MENTIONED IN THIS ARTICLE
Cosden & Co
Epeonos
Liberty
New York
Bank of Belgium
Trentnry Department
Great Britian
Belguim
Cotton market rallies on shorts cover and European demand
New York June 6 The cotton market rose as near month shorts covered and rumors of European shipments supported prices. June led gains to 28.50c, October rose to 24.40c, while July eased to 26.47c and December to 23.35c amid mixed selling. Port receipts stood at 2,113 bales with U S stocks at 362,343 bales and exports totaling 4,474,444 bales so far this season.
MENTIONED IN THIS ARTICLE
New York
Europe
Liverpool
United States
United States Bonds Market Notes From New York
Liberty 344s quoted at 100-24 with bids on first and second 4s. First 44s at 98-12 and second 414s at 98-11. Third 4s 98-24 and fourth 44s 98-15. Treasury 4148 99-20 also listed.
MENTIONED IN THIS ARTICLE
Baldwin
Cincinnati
Fed
Bethlehem Dalton
Joseeseeee & F Kife
Wooster
Guesedie Ee
Liberty
Ccosseoovre Ceveserseee
Pittides Secund Ge
Treasury
United States
Eee
Cceferen
Teneeewee
City of
Boeaux
Christiania
Copenhagen
Gtreneee
Lyo
Sincesceevee
Ma Miles
Rio
Jde
Tokio
Zuric
Ce Otfs
Department
Framerican Ind. Dev
Holland-A R. Line
Paris-Lyon
Republic of Bolivia
Republic Es
Do ‘Ss
Republic St Colombia
Republic of Uba
Republic of Haiti
State of Qensland
Do Sul
U.K
U. S
Brazil
U.S. of Bra
Cen. Ry. E
U. 8S. of Mexico
Amer. Agri./Chem
Amer
Amer. T. &T. cv
Do cv
Bell Tel. of
Ist & Rf. Is
Beth. Een
Ser. A
Do Aenean Eee Eee
Bklyn
Rapi Tran
Camaguey Agar
Orthern
Acific
Ohio
Central of Georgia
Central Leahter
Cerro de Pasco
Chesapeake & Ohio cv
Do Co Les
Hic. & Alton
Vref
Chic
Cy & I
Chicago Railways
CR. L& En
Chic. & W Tern Ind
Cae Ae
Chile
St. L
Colorado Industrial
Colo. & South
Columbia Gas & Elec
Commonwealth
Cuba
del. & Hudson
Den
Ritenee Eee
Rys
Seeaee
DuPont de Nemours
Duquesa Ght
Suba Sug
Empire Gnd F
Setfs
Erie Pr. Lien
Epitaviiehi
Do Gen Seg
Do Ad Ince
Humble Oil & Ref
Ilinois Central
Indiana
Steel
Interboro
Rap
Trans
Teeereseeenne
Int. & Gt. Nor. Adj
Mer. Mar. S
Kan
Ft. S
Market St. Ry Con
Midvale Steel Cy
Mo. Pacific Con
Creessee
X. DO
Esceseersecses Vers Jets Edison
Eteenee
N. Y.gas, E. L
Ie N. H. & H. Fran. Ts
Nor
Amery Edison S. F
Nor. Pacific
Northwestern Bell Tel
Oregon & California
Oregon Short Lime Ltd
Otis Steel
Patific Gas & Elec
Pac. Tel. & Tel
Penna. R. R
Phila. Co. Col. Tr
Seeepereee
Pierce-Arrow
Vetecsseeeere
Public Service
Remington Arms S. F
St. L. Southwest
Seaboard Air Line Con
Ry. Gen
Union Pacific
United R. I
U. S. Steel S. F
United States ‘Realty
Utah Power
Vertientes Sugar
Va.-Car
Va.-Gar. Chem
Ctfs
Virginian Ry
Wabash
Warner Sugar Ref
Western Maryland Ist
Western Pacific
Western Union
Westinghouse Electric
Wickwire-Spencer Co
Wilson & Co
S. F
Wilson & Co. cv
New York
Trasury
Oil City Crude Oil Runs and Shipments
Oil City report notes credit balances at 3.25. Daily crude runs reach 78,728 barrels with an average 41,366. Shipments total 75,447 barrels, averaging 54,416 barrels.
MENTIONED IN THIS ARTICLE
Oil City
Dry Goods Market Report from New York
Cotton goods were quiet with some price concessions on print cloths and sheetings. Wash fabrics showed more activity as wash dresses sold more freely at lower prices. Yarns held steady while knit goods improved for lightweight orders. Silks were quiet with low grade items offered at concessions for clean-up. Burlaps remained steady.
MENTIONED IN THIS ARTICLE
New York
Ohio Incorporations and Dividend Notice in Cincinnati Firms
Ohio incorporations list includes George E Pellens Company Cincinnati $125000 by George E Pellens and H Curtis Bennett Landhaar Ball Bearing Company Cincinnati $10000 by Frank E Wood and Fanny Sachs Corkery Millinery Company Dayton $5000 by Alice Corkery and B R Shaman Goodwill Loan Company Akron $5000 by Joseph Hochman and Dave Schecht Jacob Schlachter's Sons Company Cincinnati $500 by Henry Schlachter and Jacob Schlachter Stein Restaurant Company Cleveland $10000 by Maxtein and Phil Kunz Notice from The Cincinnati and Suburban Bell Telephone Co dividend of 1 per share payable Monday July 2 1923 to stockholders of record at close of business Wednesday June 20
MENTIONED IN THIS ARTICLE
Ohio
Columbus
George E. Pellens Company
Cincinnati
George E. Pellens
H. Curtis Bennett
Landhaar Ball Bearing Company
Frank E. Wood
Fanny Sachs
Corkery Millinery Company
Dayton
Alice Corkery
B. R. Shaman
Goodwill Loan Company
Akron
Joseph Hochman
Dave Schecht
Jacob Schlachter
Also Mentioned on This Page
Grouns
NEW York Exchange
Wongesei - 100
Sim Ce
Riz
Ruu
Weeee
Org
Tees Penny
J. C
Peoples G
Philadelphia Co
Phillips Pet
Phoenix Hos
Pierce Arrow
Pierce Oil Ccs
Too
Wick Pitts. &Gwv
N. J. Do
Ray Con
Reading
Ciseree- Do
Reming
Rep
Reynolds Spr
Shoe Ney
Tob
Royal Dutch
Aes Ry
Ch Osteeds St. L. & S. W
Do ‘Pref
San de Sugar
Savage Arms
Schulte
Seaboard A. L
Sears, Roebuck
Seneca Copper
Shell T. and T
Shell Union Oil
Sis
Simmons Co
Simms Petrol
Sinclair Con
Shelly Oil
Southern Pacific
Southern Ry
South P. R. Sug
Spicer Mfg
Stand
Oil of Cal
Oil of
N. J
Cidicdkid
Stewart-War
Stromb
Studebaker
Sweets Co
Texas Gulf Sur
Texas & Pacific
Sterling
Texas Com
Tobacco Pr. A
Twin City RE. T
Union Oil
Rena A
United Mwrug
United Fruit
United Ret
U. S. Igtr
U. S. Ind. Alco
Utah Copper
Vanad. Corp
Cc. & Vivaudou
Wells.Fargo Ex
West
Penn
White Eagle Oil
Willys-Over
Wisconsin
Woolworth
Werder
Ccicsisahacs
W. Mary
West, E
White Motors
Wagon Cos
Aisipask Wright Ig
Innaz
Pullman Co
Punta-Aleg
Pure OM
Aceecss Rail
Rap. Tran
Ast
Onsssenss
Alt
Enal
SiMin
Ml Kim
Ch' Geic
Ch’ Ge
Nsas
Gulf
Adams Exp
Rumely
Kelly Spring
Ajax Rubber
Keystone Tire
Alask
Juneituaat
Kinney Co
Weeenpenee
All Am
Cable
Louis. & Nash
Depres. Saneenneee
Car & Fdy
Macy, R H., Co
Am. Express
Mallinson
Am. Hid. & Lea
el. m. G
Marland Oil
Am. Int. Corp
Marlin Ockwell
R. Mills Pr
Mae
Dept. Sto
McIntyre
Ae Teeereees
Ship. & Com
Seab
Miami Copper
Am Preeti
Middle States
Midvale Steel 900
Am Sum
Teb
New
Az Tobacco
Pacific
Wr. Wks. Vl
Montgom. Ward
Moon Motors
Nash Motors
Am. Wool. Pd
National Biscuit
Am. Wte. Pa. Br
N. C. and
Nat. C
Arnold Gilatatsiel
Sopp &West
North
Oklahoma
Otis Elevator Orpheum Cir
Steeeeie
Otis Steel Sr
Bayuk Bros
Owens
Pacific G
Beth. Steel
Pacific Oil
Calit. & Ariz
Can
Carson Hill
Case
J. I
Rib. Mills
Alton
Cluett
Peabody
Coca Cola
Cuban Am
Cuyamel Fruits Davidson Chem del & H D
Edir Tenner Dome Min du Pont de Nem
Eastman Ko el
Stor. Bat
Endicott-Joh
Erie
Fed. M
S. Pr
Fisher Body
Fisk Rubber Fleischmann Co
Freeport
Tex
Am. Tk
General Cigar
Electric
General Motors
Glidden Co
Gulf States Steel
Hartman Corp
Hayes Wheel
Houston Oil
Judson Motors
Upp .Motors
Indiahoma
Inland Steel
Cement
Inter. Harves. Co
T. and
T. Oer
Canada
London
Paris
Greece
Holland
Austria
Farorte
Oerjeciosecesh Coo
Sreegencensesoen Hsstiedein Shavers
Belgium
Dane Ewenterverenen
China
Hongkong
Rene
United States Bonds
Hamilton County Mutual Fire Insurance Company of Cincinnati, 0
German Mutual Insurance Co
Cana
S. W. Cor
Walnut and
Twelfth Streets
J. H. Kohmescher
F. D. Rattermann
Geo. Eustis & Co
Fourth National Bank Bldg
St. Lewis
Baldwin Piano CO
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