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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 10, 1925
Page
10
Trading closes hint at wheat deterioration corroborated by private reports while lack of export demand keeps prices firm for July and September. Cash markets rise with top grades scarce, receipts tight, and farmers urged to consign eagerly amid strong hay and grain demand.
June 9 1925 official list of New York Curb Exchange transactions shows total stock sales 218600 shares and bonds 836000 dollars with diverse industrials and utilities traded. The report details many company names and price ranges across domestic and foreign issues on a busy trading day.
Chicago wheat advanced amid expectations a government crop report will show a large yield cut. Prices closed unsettled with July at 1.66 and September 1.63. Corn and oats also gained modestly while provisions rose, with cash quotes for No 2 red wheat at 1.88 and No 2 yellow corn around 1.16 to 1.18.
A list of recent dividends from American Brake Shoe and Foundry, Chicago Railway Equipment, Famous Players-Lasky, Northwestern Yeast, Bucyrus, Mountain States Power, Western States Gas and Electric, Lehigh and Wilkes-Barre Coal, General American Tank Car, Chandler Motor Car, Western Electric, Shawinigan Water and Power, and Western Union Telegraph. Dates note payment and record dates.
At a board meeting the Cincinnati and Suburban Telephone Company authorized 61 098 shares of common stock to be offered to stockholders of record August 22 at 50 dollars per share in a one for five ratio. Warrants will be issued September 1 or soon after detailing the number of shares each holder may subscribe, with fractions issued as separate warrants. Subscription rights expire October 3. Charles X. Evans attended the West Virginia Bankers Association meeting in Charleston. Tomorrow G G Hampson will travel to Greensburg Indiana with Fifth Third Bank duties.
William J. Howard of Dominick & Dominick analyzes oil securities with optimism as Texas Company and other majors lead, while May permits hit a record high across 865 cities. Tonopah Extension Mining suspends dividends to conserve cash. Lion Oil reports strong first quarter earnings in Smackover field.
John J. Mitchell president of the Illinois Merchants Trust Company and director of the Texas Company predicts record profits for oil firms this year if current conditions persist. He notes strong petroleum fundamentals with large inventories, steady consumption, and no excessive new production.
Directors of the Public Service Company of Northern Illinois voted yesterday to raise the annual dividend rate from seven to eight dollars per share on both classes of common stock.
The Fisher Body Corporation and subsidiaries report year end April 30 with net income of 15,244,409 after preferred dividends in Fisher Body Ohio Company, 36.09 per share on 2,400,000 shares. Previous year earnings totaled 22,102,008 or 83.73 a share on 600,000 no par value shares.
The bank chaired by George F. Baker moved to a 100 percent annual dividend basis, raising quarterly payments from 15 to 25 percent. The dividend includes a disbursement from its affiliated First Security Company. Shares traded around 2500 dollars, below the February high of 2900 and well above last year's 1500.
The William Wrigley Company completed a German plant at Frankfort costing above 1,000,000 dollars set to begin operations around July 1 and will employ 300 workers. Hart-Parr Company stockholders voted to reorganize and refinance to boost working capital for heavy unfilled orders. About 1,000,000 dollars of new capital is expected to be added to the company’s working funds when the reorganization is completed.
Cincinnati notes light cattle trade with steady to unchanged values and calf demand active at $6 to $7 per cwt. Hogs show mixed activity. packers steady while lighter weights ease. Sheep and lambs remain strong with active demand and firm prices across the region. CHICAGO and other markets report varied receipts and prices, with bulls, cows, and veals showing modest shifts. Indianap olis and Kansas City receipts mirror regional stability amid ongoing market adjustments.
A compiled notice from Forest City Testing Laboratory Cleveland Chalac Company Shippers' Supply Company Scott Chase Company George D Dalton Company Bohnett Company Olympia Confectionery Central Transportation and Storage Collingwood Mortgage G. M. Mayer Incorporated with their capital amounts and official signatories across Cleveland Toledo Youngstown Cincinnati Dayton.
Markets report from Columbus notes Cities Service common at 38144a39 and de preferred 81%4a82% with Pure Oil common at 30.
Credit balance 3.80. Oil runs total 68 973 barrels with average 57 269 barrels. Shipments reach 136 790 barrels with average 68 840 barrels.
Radio listings across Cincinnati and neighboring cities detail programs on WKRC WSAI WHAS WLS WCAP WGBS WCAP WCAE WGR WGY and others. Highlights include orchestras, recitals, organ concerts, choirs, children’s programs, and special broadcasts from Washington Philadelphia Pittsburgh and New York with times from 5 P.M. to 11 P.M. including a dedication ceremony for a new organ in Washington and various musical programs across stations.
Central stations KFDM KF KX are acknowledged along with WCAL WCRD WENR WFAA WGST WOAI WORD WOIl WOWL WMC and Eastern CKAC WBAV WRAR WDAE WOWF WFI WGRS WGY WHAZ WHK WIP WJAR WJY WMAK WPG WRC WEBJ WREO WOAN listed as silent.
A list of broadcast times for Chicago Cleveland Louisville and St Louis stations detailing upcoming programs including organ recitals lullabies theater choral societies concerts lectures and children's stories with start times and durations across multiple channels and meters.
Listings show WHN New York at 361.2 meters with health talks music and dance segments from 6:30 to 9 PM plus orchestral blocks. WIP Philadelphia at 50 meters offers vocal and music programs with stories later. WNYC New York 526 meters airs music talks police alarms and two hours of talks. New York 454.3 meters features a concert organ foreign affairs soprano Genevieve McKenna and an evening orchestra segment.
WLIT presents an artists recital at 7 P.M. followed by a travel talk at 7 15 P.M. and an orchestra concert at 9 P.M. The program showcases local performers and a thematic travel overview.
WEEI Boston listings show events at 5 30 P M Big Brother Club with musical acts, 7 30 P M Musicale, 8 P M concert and 9 P M organ program all on 475 9 meters frequency at 5 30 P M 7 30 P M 8 P M and 9 P M slots.
Thirty five Cincinnati lumbermen sail this afternoon aboard the steamer Cincinnati to attend the National Hardwood Lumber Association convention in Louisville, Kentucky, on tomorrow and Friday. The party includes Edward Barber Richard oe Charles W Tenis J C Weat J W Eck man Robert Warn A Noble Herbert Bauman J L Linehan and many others.
Mr and Mrs Samuel R Meyer celebrate their forty fifth anniversary with a Sunday reception at 752 Clinton Springs Ave. He heads Meyer Wise Kaicham Co a Cincinnati wholesale dry goods firm born Esther Newman June 14 1880. They have two children and two grandchildren.
Minneapolis advises a 15 cent lower flour market at 9.10 to 9.25 per barrel with 44 502 barrels shipped. Bran ranges 27 to 27 50. Wheat notes No 1 Northern at 1.66 to 1.70 with July 1.64 and September 1.57. Corn No 3 yellow 1.11 to 1.12. Oats and flax prices partially listed with minor figures.
WEAF New York airs 491.5 meters with a 5 PM music block followed by a synagogue service at 6 PM. Violinist Max Sree appears at 6 45 PM with an impersonator then 8 PM entertainment and 9 PM orchestra act, 10 PM extra.
KDKA Pittsburgh schedules a 7 PM baseball scores segment followed by an 8 45 PM Dry Slitz Hour of Music program serving listeners with sports updates and entertainment.
Notice announces armed bandits entered The Hamilton County Bank at 2800 Woodburn Avenue Cincinnati Ohio on September 28 1922 and stole bonds issued by the Parish of Acadia Louisiana Sixth Ward Road District No 2 bearing five percent interest. Duplicates issuance applied for. public warned not to purchase originals. A reward offered for information on the bonds whereabouts. Dated May 20 1925. Liquidating Trustees Charles Pfau Charles Eisen E H Matthews.
Joseph S. Craycraft files with the Public Utilities Commission of Ohio for a certificate of public convenience and necessity to operate a motor transportation company. Route includes Manchester to Aberdeen to Cincinnati via Ripley Georgetown on State Routes 22 and 25 with irregular services from Manchester. Two vehicles on main route, one truck on irregulars. hearing info available from the commission at Columbus, Ohio.
Sealed proposals addressed to the City Purchasing Agent in Cincinnati Ohio are due by noon June 18 1925 for one 20 by 14 or 16 inch engine heavy duty motor driven lathe with taper attachment compound rest chucks and face rates. Bidder must submit full specifications and a 10 percent bid bond. successful bidder must furnish 50 percent performance bond. Director of Public Service reserves right to reject any or all bids.
Sealed proposals due June 17 1925 at City Hall Cincinnati for Marshall avenue work including grading drainage water main and paving with reinforced concrete plans and forms available for 2.00 the bidder must post a bond of 800 and later furnish 50 percent bond if awarded. The Director reserves right to reject all bids. CHAS. F. Hornberger Director of Public Service. Edward P. Durr Secretary.
Plans and specifications on file in the Director of Public Service office detail grading drainage water distribution and paving Sunshine Avenue from McHenry to the north line in Chambers and Stimson Subdivision. A bond of nine hundred dollars is required and the plans are open for inspection by all interested parties.
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