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This newspaper page contains 28 articles. Subscribers can read the full text of each article.

Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jun 08, 1912

Page

8

Speculation in Tobacco Market and Steel News Summary

A London led stock retreat pressed markets while tobacco stocks rose on strong earnings. Sugar shares and Southwest rail stocks gained amid favorable crop and court news. Copper May output fell with lowest end stock, signaling demand balance. Iron and steel show scarce labor hinting at price gains. Weekly agency reports remain bullish on trade expansion.

New York London Berlin Southwest Brooklyn Rapid Transit Copper Producers’ Association Iron and Steel Wall Street Mississippi River Union Pacific

Metals market round up New York and London prices

Metal prices move across copper tin lead and spelter with New York spot rates for copper at 16.50 to 17.25 and tin around 46.50 to 47.75. London quotations stay strong with copper and tin futures and spot quoted in pounds. St. Louis notes lead at 4.15 and spelter at 6.75 to 6.85 as industry activity shows rising exports this month.

New York London Custom House Port of New York East St. Louis Cookson Cleveland

Stocks Dull Across Markets With Low Bank Clearings

The day saw subdued trading as bank clearings totaled 3 950 800, down from prior days. Cincinnati Stock Exchange reported only 14 shares traded, while New York and Chicago markets showed limited activity and a quiet money market with loans near 4 to 6 percent.

Cincinnati New York Exchange Cincinnati Stock Exchange First Call Bauer Pref Second Call Cincinnati Gas & Electric Cincinnati Street Railway London Glasgow Belfast Paris

Ameri can Smelters securities eyed for Paris bourse listing

Ticker notes market chatter on Ameri can Smelters seeking Paris exchange listing. Bond issue details show a 4 percent New York state bond offering at 29.95 million with varied bid ranges. London dock strike and sugar duties debate cited as concurrent market noise.

Second 10 percent dividend for Metropolitan depositors

The state banking department, via Deputy Charles F. Mathes liquidating, shapes a second dividend of 10 percent for Metropolitan Bank depositors. Payments may start after June 1, following a May 27 supplemental list filing. This follows a 40 percent first dividend.

Metropolitan Bank State Banking Department Charles F. Mathes Mathes

Brandt & Lear Buyer Purchases Cloaks in New York

Jacob Brandt of Brandt and Lear travels to New York to acquire cloaks suits and furs for his firm signaling a ready stock order and wholesale shopping activity dated in the period news item.

Jacob Brandt Brandt & Lear New York

Philip Carey & Co Denies Bond Issue Plans

Philip Carey & Co officials deny reports they will issue a new block of bonds. They state they are placing 500000 dollars of treasury stock on the market to absorb floating indebtedness they wish to clear.

Philip Carey & Co Treasury

Visitors Admitted At Chamber of Commerce Meeting

Visitors admitted on the floor of the Chamber of Commerce yesterday were T. F. Tabb of Mount Sterling Kentucky and E. D. Baldwin of Chicago.

Chamber of Commerce T. F. Tabb Mount Sterling, Ky E. D. Baldwin Chicago

City Hall Bank declares quarterly dividend

At the regular monthly board meeting held June 5 the board of directors declared a regular quarterly dividend of 3 percent payable July 1.

City Hall Bank

English Trade Improves and May Trade Figures

The Board of Trade May statement shows imports rising by 5 992 500 dollars and exports up by 6 088 000 dollars. Increases mainly come from raw cotton and food, with food and raw materials driving export gains. In Boston the wool market notes Montana contracts totaling at least 8 million pounds, with top prices reaching two units.

London Board of Trade

Wool Market Signals Higher Dealer Prices in Boston and West

Taken at other Western points, clean landed costs in Boston are higher than local market, suggesting advances in dealers' asking prices. Goods market remains firm with light weights opening 5 to 10 percent higher, and further rises may follow due to costly raw materials. Boston wool exports Jan 1 to Jun 6 reach 122,553,427 lbs, vs 93,467,769 lbs last year. receipts 125,190,068 lbs vs 100,523,919 lbs. In St Louis on June 7 wool steady with mid grades 20 to 22.5 cents, light fine 16 to 19 cents, heavy fine 18 to 19.5 cents, tub washed 27 to 30 cents.

Boston

Commercial Association notes praise year of Cincinnati progress

The June Commercial Association Bulletin lauds a year of citywide gains including eight new industries, numerous conventions, a made in Cincinnati show, and plans for an educational program. An excursion to Mount Healthy’s county experimental farm is set for mid July in special cars with luncheon, inviting nonmembers to join.

Commercial Association Association Cincinnati Ways and Means Committee The New County Experimental Farm Mount Healthy Stanley Struble Board of County Commissioners New

Made in Cincinnati Show Draws Manufacturer Retailer Interest

Numerous manufacturers and retailers express strong interest in the second made in Cincinnati Show to be held the week of August 18 to 25 under the home products committee of the Commercial association. Retailers request window space and many plan working displays.

Home Products Committee The Commercial Association

Business Men Reveal New Flying Machine Invention

John A. Jung of 1612 Freeman Avenue announces a patented flying machine and invites Business Men's Club members to witness its flight. The craft is installed in a farm shed, with flight timing to be set by club members who wish to observe.

John A. Jung Freeman Avenue Rutherford H. Cox Business Men’s Club

Guests at Business Men's Club Last Night

Visitors listed include K W Hardin from New York J W Stout New York B Kramer St Louis R W Kaler New York C C Early Louisville Ky George B Haynes Chicago A L Hile Miller Indianapolis Paul Guenther F N Hicks Chicago O J F Myers Canal Dover O D M Stray D H Brown H S Arthur McKeesport Pa J P West Russellville O F N Beegle Beaver Falls Pa

Business Men's Club K. W. Hardin New York J. W. Stout B. Kramer St. Louis R. W. Kaler C. C. Early Louisville George B. Haynes Chicago A. L.hilemiller Indianapolis Paul Guenther F. N. Hicks O. J. F. Myers Canal Dover D. M. Stray D. H. Brown H. S. Arthur McKeesport J. P. West Russellville F. N. Beegle Beaver Falls

Art committee meets with Building Commissioner on city beautification

The Business Men's club art committee held a brief session yesterday and consulted Building Commissioner Rapp about beautifying the city through new building projects within the city limits.

Business Men's Club Rapp

Committee to Host National Commissary Managers Meet

A committee managing arrangements for the National Commissary Managers association convention in Cincinnati next September held a session at the Provident Bank building. Chairman Mayer presided as the finance division reported $3,310 raised of $7,000 goal and subcommittees for each business line were authorized to canvass thoroughly.

Committee of Commissary Managers National Commissary Managers’ Association Cincinnati Merchants On Manufacturers Provident Bank Chairman -Mayer

Louisville breakshow offers Burley and dark lots at auction

Offerings on the local breakshow list 41 hhds Burley and dark with 36 inspected and 11 rejected. First sale set for Tuesday at the Kentucky warehouse. Pickett warehouse sold 6 hhds of Burley at 4.50 to 9 and 35 hhds of dark at 5.50 to 10.75 per hundredweight.

Commercial Tribune Louisville Burley Kentucky Pickett

Foreign Bourses Report Trading Quiet on Paris and Berlin Exchanges

Paris on June 17 saw quiet trading with prices moving irregularly. Three percent rentes quoted near 93f 77%ci for account and London exchange at 251 238ci for checks. Berlin on June 7 closed unchanged with London exchange at 20m 43%ofs for checks and money at 3%4 percent. Private discount rate listed at 2% in Paris and 4% in Berlin.

Paris Exchange London Berlin

Money market steady in New York trading

Money on call remained steady at 2 to 3 percent with a 2 percent ruling rate. Time loans held at sixty and ninety days around 2.3 percent, six months at 3.44 to 3 percent. Prime mercantile paper quoted at 3.4 percent. Sterling exchange firm with bankers bills at 484.75 for sixty days and 487.10 for demand. Government bonds steady. railroad bonds showed irregular trading.

New York Ask Panama D. Cc D. C Stock Exchange Andrew Smi UBL Saenevenennses Brownell Co Ohare Charles Ee Anne Cincinnati Sterling Exchange

New York Mining Prices and Offers

New York mining items list prices and offers including Alice 1.75 Comstock Tunnel stock 2.10 bonds .15 Col Cal and Va .55 Iron Silver 1.40 Leadville Con 10 Little Chief .05 Mexi can 2.70 Ontario 2.00 Ophir 1.15 Stand ard .30 Yellow Jacket .50 as of June 17.

New York Col. Cal Leadville Ontario

Dividend notice from Ce Collett Gas and Fuel Company

The Ce Collett Gas and Fuel Company announces a dividend of 1 1/4 percent on its Preferred Stock to stockholders of record at the close of business June 15 1912, to be paid July 1 1912. Secretary Cc. SCOTT signs.

Cincinnati Westinghouse Air Brakes Company Union Switch and Signal Company Manhattan Railway Interborough Rapid Transit Company Ce Collett Gas and Fuel Company Coum Oto Cc. Scott Farmers & Shippers’ Leaf Tobacco Warehouse Co

Burley Tobacco Market Quiet Yet Steady Prices Listed

The Burley tobacco market remained quiet but steady with buyers taking all offerings. Globe Warehouse sold 132 hhds old tobacco at 94 to 6.95, 31 at 7 to 10.25, and M at 11 to 18.75. Farmers and Shippers' Warehouse sold 61 hhds at 4.10 to 6.95 and 26 at 7 to 16.50. Bodmann Warehouse offered 13 bids at 4.06 to 13.75.

Burley Globe Bodmann

Coffee futures show steady close amid mixed U S trading

New York June 7 coffee futures opened steady to within two points of yesterday's move. Prices held near the best levels after a stronger call and Brazilian freight costs, with a late near steady finish and a small net loss. Trade included 86 000 bags with notable Sao Paulo and Santos receipts and cold Sao Paulo weather.

New York Brazil Havre Hamburg Rio Santos Jundiahy Sao Paulo Rio No

Boston mining shares rise across multiple firms

Boston mining stocks posted varied gains and losses on June 7 with firms such as Amalgamated Copper slipping to 865 percent and Calumet and Arizona at 77, while Nevada Consolidated and Osceola jumped to 122 and 114 percent respectively, reflecting mixed market activity in the sector.

Boston Curb Close Bay State Nevada Utah Davis-Dal Majestic Stesse Raven OeeReeed Messes Eterinnsteeerens New York CURB Standard Oil Eevee Baeees Ann Rat Jersey Heat Lehigh Valley Coal Goodrich Tener Ee Leg Studebaker Marconi British Columbia Kerr Lake Manhattan Transit Boston Fruit arioeCgeste Shoe Machinery Allouez Arizona Greene Cananea Nevada Consolidated Paneer Eresene North Quincy Peeree Wolverine Indiana Standard OM Eae Atlantic Refining Buckeye New York Transit Kansas Aeons Et Standard Oil of Aseria Ahmbaetstetabde Amalgamated Copper American Zinc Arizona Commercial Boston and Corb Calumet and Hecla Centennial Copper Range Con, Co East Butte Franklin Giroux Consolidated Granby Consolidated Isle Royale Kerr Utah -Consolidated Utah Copper Co Winona

Treasury balances and receipts report for June 7

The treasury reports working balance in treasury offices 62815991 in banks and Philippine treasury 35027243 total general fund 128158853 ordinary receipts yesterday 2379896 and disbursements 1732330. The year to date deficit stands at 3882867 versus a surplus of 8656776 last year. Figures exclude Panama canal and public debt transactions.

Washington United States Treasury Treasury Banks

New York Import Trade For Week Ending June 1

Imports of merchandise and dry goods at the port of New York for the week ending June 1 valued at 18 248 868 dollars. Imports of specie for the port for the week ending today include 187 557 dollars in silver and 228 808 dollars in gold. Exports totaled 1 240 815 dollars in silver and 37 750 dollars in gold.

New York

Oil and Tar Markets Across Ports June 7 Report

Tide of prices shows turpentine steady at 45 to 46 cents across Wilmington Charleston Savannah. Rosin ranges $6.00 to $7.65 with varied grades. Crude turpentine quoted up to $4.50, while linseed on track bids note June 2. Pittsburgh and Oil City report mixed balances and shipments.

Wilmington N. C Charleston Savannah Duluth Minn Pittsburg Oil City

Also Mentioned on This Page

Metals George Eustis & CO Bank Floor Union Trust New York Stock Exchange Canal Pacific Chieu Alton Northwest Milwaukee St.Paul Delaware & Hudeon Denver Rio Grande Erry Ethos Reef Canara Chry Southern Teen Isle Nashville Oben Ansas & Xas Enews Ific Lways Mexico Pre Cooter Acpesesavieteccesses Ontario & Western N & Western San Rand Pacific Louis & Western Union “Pacific Maryland Wheling Lake Erie Wisconsin Steen Car and Foundry Foundries Am Sugar Refining Telephonia Gas Telegraph Acco Ee Tenes Woolen Mining Co Bethlehem Stee Securites Ee Consolidated Worthern Cfs Dlona Harvester Anne Tional Fumpeadeaee Petroleum Steel Peper Co Es Rubber Unitestes Steel - AP Res Rolina Chemical Askerin Itia Tees Sepest Benecetjesee Esperenes Ereset Iosia Lecoven Fovepeel el Eefeae Stenne Eelaver Teverelenteen Tensaes Toe Agers Iit aWase Aebne Eeleveeselaveses Renee R. He Tren C. F. I. Gen Mtge Sa F Panevseustessee Wabash Ambs Ontee Vb & RK. G. Ev Danabadseahs B Ind. Steel Gt Ja. Hi C. Oy Dat Interboro Revelpte Orior BR. & O.ww Enees L. Ia A. B. Cc N. Y H & H Cw Todty Se Weeree K. M D. & H. Fund A Denver Ca iBvc N. J. Sa Ind. Steel Selects Ee kLa S. F Ld Es. Saene Gacy A. És St. L Renee Anes Tsta W. Sabe Bt. L W. Cn Special Dispatch Commercial Paper New York Exchange Lic England Provident Northern Ohio Traction American Seeding Machine Cincinnati Gas and Electric Columbia Gas ‘and Electric Cincinnati Tobacco Champon Globe- Wernickes French Bros. & Bauer Procter & Gamble Common United States Supreme Court United States Prining Columpus & Xenia Dayton & Michigan Northern Ohio Traction and Light Preferred Toledo Railway and Light Cincinnati & Hamilton Columbus Railway Preferred Niles Tool Pr Oak L.p Niles B. P. c N. C. Reg. P Bullock Shillito Com Baldwin Triumph. Elec Eagle W.h.c U. Lay. c W. “Sottec Co Cincinnat Cincinnati Gas Castenath Cincinna Cities Service Columbia Gas Columbia Gas and Fuel Dayton CD Gas Fay-Exan Peer Foulds M Bauer Os Globe Soap Glebe-Wernicke Hamilton’ Machine Houston-Stanwood Brewing ‘Co Palm Bros. Co Philin Ca POE Procter & Imd United Voy Vdeus S. Tel Eert Sewer United States Rudolph Wurlitzer Eom Columbus & Xenia Michiga Ps & Hamilton Colawbus Railway Columbus Railway and Light Detroit United Railways Woacsé Neahie L. & T Peete Toledae Bowling Green & Southern de Piene Toledsea and Light Scioto Valley Uteetsone Veens Teagan Beeeenee Atlas National Senne Central Trust Grman National Covington Cincinnati Bonds J. J Gilbert Cincinnati Hospital Hamilton County Elizabeth Bridge Longview Am Book Co U.lahl.& P B. & N.brdg Globe- Wer Bar, & Smith Ham F. & Egan Chait'ga Gas U Tel S Colum Gas Cin Gag Seaetae Ae Dd Lon Edison Big Four Eal Dayton & M Wee L Wiesp Se Do. G. m Ky, Conan C.lst L& C Cin. & Ham Dayton Trac L'Id Miami & Ger Det B. G Omaha St. Ry Br. Ger. Bk Cpls Npt Cin. Trust lHyde Park City Hall Newport Ry City Norwood Nat Cosmopolitan iPearl St Courthouse People’s Trust Columbia Ticker New York State London Dock R Rw Arbuckles White Star J. P. Morgan International Mercantile Marine Company American Line Herman Herzfeld Baltimore Europe Local Stock Exchange Commerce Court Procter & Gamble Procter & Gamble Company Interstate Commerce Commission Supreme Court White Hampton Magazine Hampton First National Bank Hiampton W. E. Hutton & Co Tana Steel Harbison-Walker Seere Rape Sens Eewenas Independent Brewing Com AOE Light and Steat Monongahela River Coal Dore Wonsseede Oni Pui Ohio Pictenorg, Coal Co Pittsburgh Oil and Gas, Blige Pittsburg Plate Glass Ross Mining Weeeweens San S Union Switch and Sicom Westinghouse Westinghouse Electric Salt Lake Mining BOC Torn Ceeseess Uane Columbus Teeerae Grand Central Ween Eegees Hills Pete Tener London Stocks Newealand United Havana Railway Cuba Canadian Pacific MA Miso Warass Central RG Seewee Nee Union Pacific Aero Tag Erie Illinois Central WOOL Montana Atlas National Bank Walnut Street Commercial Association Notes NEW York Mining Western Germany Bank Twelfth & Vine Wurruizer Piano Baldwin Company 4Th St Burley Tobacco Market Boston Mining Treasury Statement NEW York Imports
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