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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jun 08, 1915

Page

8

Local Live Stock Market Reports June 7 1915

Cincinnati and major markets report receipts and shipments for cattle hogs sheep and calves. Cattle prices steady to firm with good dry fed and prime offerings, hogs active with higher quotes, sheep and lambs active with steady to rising values across multiple markets including New York Chicago Cleveland and St Louis.

Cincinnati de Ieanghaskscoasissee New York Chicago Cleveland East Buffala Pittsburg Kansas City

Cotton market steadies with mixed futures in New York and New Orleans

In New York on June 7 the cotton market closed steady as futures held near the prior high, with July at 9.53c and October 9.90c. New Orleans saw quiet strength with gains of 11 to 14 points as buyers chased good spot accounts. Liverpool reported firmer tones on strong Liverpool stock movement and Manchester demand.

New York Liverpool Manchester West Texas Oklahoma New England United States New Orleans Taree Sa Sat

War Specialties Gain On New York Exchange

On June 7 renewed speculation in war and motor specialties contrasted with a drop in Canadian Pacific, as General Electric rose 4 percent to 168 ½, General Motors up 5 to 157, and Bethlehem Steel up 9 to 158. Canadian Pacific fell 4 to 149 ½ amid rumors of Amsterdam sale and possible British seizure of Canadian shops. Amalgamated rose on dissolution news with metals firm, while United States Steel fluctuated. Total sales reached 492000 shares. bonds steady with some future selling.

New York Canadian Pacific General Electric General Motors Bethlehem Steel Amsterdam United States Steel Canada London United States

Change in Chamber Guests and Upcoming Grain Meetings

A. A. Balbenberg of Philadelphia visited the chamber as a guest of B. Freiberg. Grain and produce reports were absent from yesterday’s board due to Illinois’ judicial election holiday. Secretary Harry M. Brouse invited Cincinnati Grain Association members to the June 8–9 Indianapolis midsummer meeting of the Indiana Grain Dealers Association.

A. A. Balbenberg Philadelphia B. Freiberg Harry M. Brouse Cincinnati Grain Association Indianapolis Indiana Grain Dealers’ Association

Local firm records export sale of 10,000 bbls wheat flour

A local firm recorded yesterday the sale of 10,000 barrels of new wheat flour at 4.85 dollars per barrel for export. The transaction underscores the firm’s involvement in international trade and its harvest season activity.

Special Produce Exchange meeting on summer Saturday closings

A special Produce Exchange meeting convenes this morning to consider closing all produce and commission houses on every Saturday in June July and August starting this coming Saturday. The motion requires a two thirds vote of attendees to pass.

Grain Firms Shocked by Washington Order Delaying European Shipments

Loscal grain firms learned officials in Washington ordered European grain shipments held in Hoboken New Jersey and halted all grain elevator work. The move puts 250 skilled laborers out of work, earning as much as ten to fifteen dollars daily after months of round the clock storage and lifting of export grain.

Loscal Washington Hoboken N. J

Violinists Guild to Hold 1916 Convention in Cincinnati

The Convention and Publicity Department of the Chamber of Commerce received word from Chicago that the American Guild of Violinists will hold its next convention in Cincinnati in 1916.

Chamber of Commerce Chicago American Guild of Violinists Cincinnati

Traffic Manager Freer heads to Dubuque for Upper Mississippi meeting

G M Freer of the Chamber of Commerce departs at noon today for Dubuque Iowa to attend a Wednesday meeting of the Upper Mississippi Improvement Association.

G. M. Freer Chamber of Commerce Dubuque, Ia Upper Mississippi Improvement Association

Executive Secretary Culkins Probes Lunch Facilities

Executive Secretary W. C. Culkins of the Chamber of Commerce traveled to Toledo Detroit Buffalo and Cleveland to inspect the lunch facilities provided for members.

W. C. Culkins Chamber of Commerce Toledo Detroit Buffalo Cleveland

Cincinnati Convention Inviteed for Ohio Printers Federation

The Cincinnati Chamber of Commerce extended an invitation to the Ohio Printers Federation to hold its next annual convention in Cincinnati. Mr. Co S. Clark will represent the committee at the convention in Dayton on Friday.

Cincinnati Chamber of Commerce Ohio Printers’ Federation Dayton Cincinnati Co. S. Clark

Reorganization Meeting Sought by Cincinnati Ex hibitors

The Committee on Reorganization of the Cincinnati Motion Picture Exhibitors Association met at the Chamber of Commerce to discuss reorganizing within the chamber. A session was scheduled for Friday at 2 30 PM in Room 313 of the Chamber of Commerce.

Cincinnati Motion Picture Exhibitors’ Association Chamber of Commerce

Trade Expansion Club to Meet at McAlpins Today

Members of the Trade Expansion Club of the Chamber of Commerce hold a noon lunch meeting today at McAlpin's restaurant.

Trade Expansion Club The Chamber of Commerce McAlpin’s

Coffee futures rise then ease on Brazil firm data and stats

New York traders saw futures open higher by 3 to 6 points, drift to 5 to 10 points intraday, then close up 1 to 8 points. Trade included 13,500 bags traded. June to May futures quoted from 5.7 to 7.08 cents with spot Rio at 7.7 cents and Santos around 4.9 to 5.0 cents. Brasilian milreis up. Rio exchange undian noted. Santos reported 10,000 bag NY clearance.

New York Brazil Rio Santos No Rio Exchange Undian Iahy Santos

Baseball pools seller in Cleveland fined in court

William Keegan, 48, an elevator starter, pleaded guilty in Police Court to selling baseball pools. He was fined 25 dollars plus costs and described the agent for the pool trust, with officers still seeking him. Police say more than 100 men are selling baseball pools in Cleveland.

Cleveland, O William Keegan Cleveland

Grain and Provisions Market Report June 7

Market notes across New York and major grain centers show mixed futures and spot quotes. Wheat and flour prices move amid weak to steady tones while corn, oats, and barley hold narrow ranges. regional bids in Kansas City St Louis Minneapolis and Duluth reflect steady demand and export activity.

New York Kansas C. Fi. F Buffalo Duluth Manitoba Pacific Coast Bogota Central America Hemlock Cressare West City Ohio New Orleans California London Kansas City ST. Louis C. Minneapolis Liverpool Milwaukee Philadelphia Minneapolis Galveston Cincinnati SRP Carete Sefc

Linseed and Oil Prices Mixed Across Markets

The report notes Linseed at 1.82 and 1.83 percent for July and June respectively. Cotton seed oil climbed after early weakness, with prices ranging day to day. Savann ah turpentine and rosin firms with varied bid ranges and stock levels across A to M grades and related products.

London Stocks Enter Quiet Trade With Firm Copper

London stock market opened with money and discount rates quiet and prices steady. Copper stocks closed firm and in demand while American securities opened under parity. Amalgamated Copper rose while Canadian Pacific turned dull. overall closing was steady.

London Amalgamated Copper Canadian Pacific

Market Report From New York Trade Update

NEW YORK June 7 Raw silk was easy today. Dress goods were quiet but firm. Cotton goods were steady with an active demand for duck for export. Yarns were dull. Jobbers reported a quiet trade.

New. York

Investors Seek Higher Interest Amid Stock Market Quiet

Investors pursued higher yields as bond markets stayed quiet and banks reported ample cash. New York trading showed firm activity with some gains in leading shares, while Cincinnati stocks faced uneven demand and profits from war stocks bolstered market sentiment.

Ohio Cities Gas men in city en route to West Virginia

G Dawes Beman president and Fei Breath secretary of the Ohio Cities Gas Company were in the city yesterday en route to West Virginia. A new oil well is flowing but the company was not prepared to handle the product. Cincinnati shareholders show interest in several dividends: J J Rashing Machine Company 1% on preferred, Buffalo General Electric 1% quarterly, Eastern Texas Electric 6 percent on preferred semi-annually, S Kruesger Company 3% on common and 1/2% on preferred.

Beman G. Dawes Fei Breath Ohio Cities Gas Company Virginia Cincinnati J. J. Rashing Machine Company Une Buffalo General Electric Company Eastern Texas Electric Company 8. S. Kresger Company

Bank President Griffith Returns After Four Weeks Away

President G. P. Griffith of the Citizens' National Bank resumed duties at his desk yesterday following a four weeks absence spent in Atlantic City.

G. P. Griffith Citizens’ National Bank Atlantic City

Instructors Invited to March in UC Commencement

Vice President Charles W. Dupuis of the Second National Bank and E A Sisson assistant secretary of the Central Trust and Safe Deposit Company have served as instructors at the Cincinnati College of Commerce this past year. They have been invited by the faculty to march with the college in the University of Cincinnati commencement exercises on Saturday.

Second National Bank E. A. Sisson Central Trust and Safe Deposit Company Cincinnati College of Commerce University of Cincinnati

Currency in Circulation Rises Over Year Says Comptroller

The Comptroller of the Currency reports June 1 circulating money at 3.527 billion dollars, up from May 1 and last year. Gold coins and certificates fall while silver certificates and US notes drive gains. Federal reserve notes rise from 53.7 to 65.4 million. Per capita use stands at 35.07 dollars, down from 35.19 the previous year. Foreign exchange weaker yesterday with banks selling sterling and francs and one bank purchasing machinery bills in London.

United States Federal Reserve London

Nashville school bonds bid invitation announced

Local bond houses received invitations to join a contest for Nashville school bonds. The Board of School Commissioners will receive sealed bids until 10 o’clock a.m. Saturday June 12 for bonds totaling 62000 dollars. The bonds mature on average eighteen years and pay five percent interest semi annually.

Nashville Board of School Commissioners

Metals Prices Rise and Copper Firms Signal Change

Prices for metals advance with American Smelting lifting lead to 5.50 per hundred pounds and electrolytic copper at 19 1 2 cents per pound. Amalgamated Copper Company stockholders vote to dissolve and distribute assets while John D. Ryan becomes Anaconda Copper Company president. Canada’s gold reserves flow back to the U S with 2 5 0 0 0 0 and 2 6 0 0 0 0 added to New York banks, signaling war-munition payments by Allies.

American Amalgamated Copper Company Jersey City New York John D. Ryan Anaconda Copper Company B. B. Thayer C. F. Kelly

Mills of Colorado Fuel and Iron operate at peak since 1907 boom

Reported yesterday that Colorado Fuel and Iron Company mills across all departments run at higher capacity than during the industry boom of 1907. Burlington made freight gains for the last week of May with 6 percent more movement than a year ago, livestock up 2 percent, coal up 3 percent, while grain movement fell several percent.

Colorado Fuel and Iron Company Chicago, Burlington & Quincy Railway

Oil Company Lowers Gasoline and Naphtha Prices

The Standard Oil Company of Indiana yesterday announced a one cent per gallon cut in gasoline to 8 1 2 cents per gallon on hundred-gallon lots and a half cent reduction to eight cents per gallon on hundred-gallon lots for naphtha.

Standard Oil Company of Indiana

Southern Railway Posts Ongoing May Decline

The Southern Railway reports a continued drop in gross business in May with week four down $135,473. The May total falls by $774,162 and the year-to-date decline since July 1 reaches $8,132,992, signaling a sustained revenue slump.

Southern Railway

Snuff Company Cuts Capital Stock in New Jersey

The American Snuff Company of Trenton New Jersey reduced its capital stock from 40 000 000 to 15 000 000. The action was announced in today s report from the state capital.

Trenton N. J American Snuff Company New Jersey

Tax Hikes on Anthracite Coal Approved by Governor

Harrisburg Pa June 7 The bill imposing a 214 per cent ad valorem tax on anthracite coal was announced as approved by Governor Brumbaugh. It replaces the 1918 act now before the State Supreme Court and is expected to raise about 4 500 000 in two years. Half goes to the State for road work and half to the producing counties.

Harrisburg Brumbaugh State Supreme Court

Bank Week Totals Mixed as Clearings Rise in Cincinnati

Cincinnati reports bank clearings for the day at 4,402,850 while New York exchange sold at par. Loans to brokers run 4 to 4 1/2 percent and commercial loans 5 percent. Stock Exchange shows 44 shares traded. notable sales include Cincinnati Gas and Electric and Ohio Cities Gas.

New York Cincinnati Ohio Cities Kroger Grocery and Baking Common Cincinnati Gas and Electric Procter & Gamble Cincinnati Street Railway Ohio Traction Common Atlas National New York Exchange Cincinnati Stock Exchange Stock Exchange Ohio Cities Gas

Ohio Incorporations Report Changes and New Capital

Ohio notices list several corporate moves and capital increases. Companies shifting locations include Columbus National Gas to St Marys and Medina Gas & Fuel from Dayton to St Marys. Others add funds or relocate in Cleveland, Columbus, Chillicothe, Cambridge, and Akron, with named principals.

Columbus W National Gas Company St. Marys Medina Gas & Fuel Company Dayton Sparkdale Company Cleveland Whitsit Realty Company P. B. Whitsit Luna D. Whitsit W. ™. Davidson H. V. Vocker Company A. E. Si A. Klein M. A. Norris L .J. Roths Mybro L. R. Hildreth Akron

Markets In Cincinnati Show Dullness In Hay And Grain

In Cincinnati on June 7 1915 hay and grain trading was dull with receipts below average. Butter output reached a record 22960 pounds at a local firm while storage of June butter began. The Produce Exchange moved to stop butter shipments in lard cans labeled Inspected by the U S Government and roosters from Thursday were being cared for by merchants. Prices for wheat corn rye oats and hay varied with low domestic demand for flour and several detailed price quotes and official sales reported.

Cincinnati Produce Exchange U. S William M. Senft The Timothy Rye Northwestern Rye City Lceeswax Perth Virginia Youghiogheny Kanawha Southern Foundry Gray Forge Southern Lake Superior Cooperage Tierces

Desirable Investments in Ohio Gas and Telephone Stocks

Ohio Cities Gas Co and Ohio State Telephone issue 7 percent preferred stock with solid earnings and growth prospects. Common stock priced around 92 bid 95 asked for Ohio Cities, with potential rise to 150 200 per share as new oil pools and production gains boost value. Ohio State Telephone preferred profitable, stock listed on exchange, common stock at around 27 ½, forecast higher surplus and dividends. Market notes include a printed circular offer and a catalog of fresh fruit prices and farm products.

Cincinnati Cambridge Cincinnati Abat.Chas. Boldt Glass Cincinnati Milling Machine Com Cincinnati Union Stockyards Cincinnati Tobacco Warehouse Fleischmann French Bros. & Bauer Globe Soap Etere Globe-Wernicke Justin Schmidt Kroger G Reese Tose Procter & Gamble William Powell Tees Standard Oil Page & Hill Traction Wal Stocks Ask Anglo-American Oil Atlantic Borne-Schrymser Buckeye Cheseborough Mfg Oaewee Colonial Ee Continental Oil Crescent Cumberland Eureka Illinois Indiana International Petroleum National Transit New York Transit Northern Spe Yale Ohio Oil Pierce Oil Corp South Penn California Kansas Ee Ee S. Oo Kentucky Sete Pennsylvania Turkey New York Michigan Ohio Wisconsin Schweitzer Limburger Roquefort Brothers Doz West Virginia Ohio State Telephone Company The Stock Exchange

Wheat Triumphs Over Allied Pests In U.S. Forecast

A huge wheat crop is forecast with 950 million bushels, split as 669 million winter and 281 million spring, exceeding last year. Kansas totals reach 136,668,000 bushels on 8,634,000 acres. Ohio June wheat prospects rise to 99 percent, oats to 92, rye 44, clover 1, timothy 80, and unheat acreage listed at 69,000.

Jack Frost Kansas Ohio Tim‘othy Gee

Also Mentioned on This Page

W. E. Hutton & CO First National Bank New York Stock Exchange P. Salp. C Atchison Baltimore - One Aegereteererss Brooklyn Rapid Transit Chesapeake & Ohio Atlantic Coast Line Northwest On & St Eelweree Eeee Denver & Rioonan Eerie Great Northern Tllinois Central Interborough- Met Kansas City Southern Owen Sees Minneapolis & St. Lee Bowess i Missouri Pacific Minn St. P Eseeye Southern Pacific Texas & Pastis Third Avenue Bry Éiai St. L Wiosevinies Resss Union Pacific Maryland Eee C Amer Cotton Otathesaec Agnes American Ice Securities Ioaig Amer. Tel Tel Ee Coop Elweeererlsaereseftoorensleeereeteesee Anaconda Mining Co California Petroleum Do Pref Owen Eeeee Eeeseeieet Bhete Eerseal Eerste Leaeeerlassear Chino Copper Fy Colorado Uel and Iron Oewer Eyes Errel Sly i Ie Crucible Steel Distillers‘ Securities Northern Cre Ctfs Goodrich Company Maxwell Motors Ewewe Tenewee Massene Petroleum National Biscuit Sere Sears-Roebuck Studebaker Corporation Oo Utah Virginia-Carolina Chem Potg Westinghouse Electric Seal “Tas Western Union Woolworth Company Aaa Grain and Provisions Shorts Uz Pointe Oil City Savannah London Stocks Bond Belliger Europe Ottawa Public Utilities Cincinnati and Suburban Cincinnati Gas Transportation Columbia Gas and Electric Ee Dayton Gas Com Ohio State Erlangmer-pref Cieedvcenleweess Columbus & Xenia Miami Guaranteed Eerreee BANKS Atlas National Eee Standard Oil Stocks Bank Report Special Dispatch Commercial Tribune Commercial Paper Holland Crys Ceces Seccesces Eiedsece Cfrnos Vesicees Csvnciesis Nangeus Ae Diane Lowe Csc Panama Rapido Parish Swift Current Youngstown Rio Santos Guatemala Japan Navy Lima Coopers New Tennessee Mobile Florida Mississippi New Texas Louisiana Georgia Geberk Sie Gy Ohio Cities Gas CO Ohio State Telephone Messina Valencia Western Rome Claude Ashbrook & Co Fountain Square Weil, Roth & Co East Fourth Street Baldwin Paris Baldwin Piano CO Pian
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