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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jun 16, 1920

Page

9

Market dullness hides big daily financial moves

Markets showed overall dull general business while banks swung with large daily movements. Bank clearings reached 12,474,459 dollars as brokers tapped funds at 7 percent and bond activity rose with new issues in demand. Local stocks traded with mixed results as several firms posted small gains and others held firm, led by American Rolling Mill and Cincinnati Gas & Electric.

Liberty and Victory New York Stock Exchange Foreign Exchange

Farm Mortgage Co to finance Southern farm improvements

The Farm Mortgage Company of Cincinnati will finance improvements and expansion of a number of Southern farms. President W. D. Hord, back from a ten days’ inspection trip, says the South shows remarkable productivity and prosperity from Jacksonville, Florida to the region.

Farm Mortgage Company of Cincinneti W. D. Hord

Dividend announcements from multiple firms dated mid year

Dividend notices list several companies with regular quarterly payouts to holders. Continental Candy pays 25 cents July with record June 2. Daly West Mining, percent cents to be paid July 1 with record June 19. Duluth Edison Electric Company 114 percent preferred July 1 record June 18. Philip Carey Manufacturing 1 percent preferred July 1 record June 19. General American Tank Car Corp for May and June 1 17 preferred and Be common July 1 record June 21. Prairie Pipe Line 3 dollars quarterly to record June 3. Utah Power and Light 1 1/2 percent quarterly July 1 with record June 16.

The Continental Candy Company Daly West Mining Company Olders Duluth Edison Electric Ompany Philip Carey Manufacturing Company General American Tank Car Corporation Prairie Pipe Line Company Utah Power & Light Company Columbia Gas Columbia Graphophone Hupp Motors Wee Fisk Tire Sense Cease Revense Gaston, W. & Weeeenon General Motors General Electric Ee Goodrich Great Northern Tee Woter Toy Granby Consolidated Mining Gulf States Steel Co Ride Inspiration Consol Copper International Harv N. J International Nickel Co International Mercan Marine Miami vaeSal Lia New York Air Brake Peene Wives Nevada Copper Nova Scotia Steel Ohio Cities Oklahoma Otis Steel Pe Senate Pan-American Peter RR Pan-American Petroleum Pennsylvania Steel Philadelphia Aéia Pierce-Arrgyn Sete Pierce Oil Ae Wal Pressed Steel Cdeeescobdeancs Oe Uliman Co Awe Ponta-Aterre R+y Consolidated Pemiegeten Typewriter Republic Steel Eeeepeete Pralpnell Regil Dutch Sears Roebuck Sinclair Gil and Oran Hepiocle Steel Stromberg Studebaker Corneratior Superior Steel Coron Tennessee Copper Texas Oil Tobacco Products Corpn Delaware United States Realty United States Rubber United States Steel United Retail Bees United Food Sete Eee United Fruit Co Etia- Hifta Wed Utah Copper Het

Simms Petroleum Reports New Homer Field Well in Louisiana

Simms Petroleum yesterday announced a new well in Homer Field Louisiana, drilled in shallow sand with 530 barrels initial flow. It is the fourth Simms well in the area near Gulf Refining to the south and Sinclair Oil to the north. A separate report notes Producers and Refiners Corporation No. 3 in Beggs Field Oklahoma producing at a set rate. Magma Oil & Refining received word that its Hewitt No. 2 well in Oklahoma is 30 feet in the sand and flowing 30 barrels per hour.

Simms Petroleum Company Homer Field Louisiana Simms Gulf Refining Company Sinclair Oil Company Magma Oil & Refining Company Hewitt Oklahoma

Charngold Company Reports Strong Earnings Rise

The Charngold Company said yesterday that reports through yesterday indicate earnings of 70 percent before taxes and that business is increasing at a satisfactory rate.

Charngold Company

New York Stock Exchange Transactions

Total sales for the day 369 600 shares. Ex dividend 2 percent dividend 1 percent. Ex dividend 2 percent. Ex dividend 1 percent. Hutton & Co. report on New York Stock Exchange activity with daily totals and dividend notes.

NEW York Stock Exchange Hutton & CO

Cincinnati Stocks and Bonds Quoted on Exchange Floor

Following last quotes a list shows bonds and stocks with bid and ask prices for Procter & Gamble American Rolling Mill and others. Ex dividents noted as Cincinnati market reports money tight for brokers and tax demand.

Cincinnati Stock Exchange Ham. & Lind Broadway & Newp Procter & Gamblers Procter & Gamble Mach Merkan Rolling Mill Andrew Jergens Black Clawson Sea Casey-Hedges Os Semin CE City Tkies Np Jae Acceso Ned Champion Inti Union Stockyards Cin'ti Tobacco Warehouse Cooper Orp Corcoran-Victor Fay & Egan Ok Beau Fleischmann Foodyear Globe-Wernicke Eebarda Gruen Sons Watch Kroger G Owens Bottle Denecat Owen Sue Dedees Sayers & Scovill Pref Sorg Paper Seentee Doe Webnhaes United States U. S William Powell Whitaker Paper Jiapabouses Atlas National Bank First National Bank Second National Bhoceve Western Bank and Trust Co Sao Cincinnati Gas and Electric Cin Cities Service Bankers Ohio Cities Ohio State Telephone

Shipping line sails announced for Frederik VIII and others

The Scandinavian America Line lists Frederik VIII sailing from New York to Copenhagen and Christiania. The French Line announces Lorraine sailing to Havre. Furness Bermuda Line notes Wilhelm sailing to Bermuda. White Star Line lists Olympic sailings to Southampton and Cherbourg on multiple dates.

Commercial Department Fifth-Third National Bank New York The Scandinavian- America Line Frederik VIII Copenhagen Christiania French Line Lorraine Havre Furness-Bermuda Line Wilhelm Bermuda White Star Line Olympic Southampton Cherbourg

Butter and Eggs Market Report from New York June 15

Butter receipts 12 262 tubs with creamery grades higher than previous. creams 92 score extras 88 91 score firsts 88 91. Eggs receipts 34 220 cases with varied grades from storage packed to fresh gathered. Cheese receipts 2 142 boxes. State whole milk flats and twins pricing noted. live and dressed poultry steady with unchanged prices.

New York Pennsylvania

Market Wrap of Quotations and Shares

Chicago on June 15 reports Armour preferred four percent Armour Leather trade at fifteen shillings Carbide at four percent Libby at thirteen Swift and Col at one hundred seven Dinited Iron at twenty three Western Knitting at one and a half a unit brief price movements and catalogued listings across major firms.

Chicago Armour Pref Armour Leather Carbide Libby Stewart-Warner Swift & Col Dinited Iron Western Knitting 1A

Cattle Market Report From Cincinnati June 15 1920

Receipts and shipments for the past twenty four hours compare with the day before. Cattle receipts total 587 with 129 billed direct to killers and many unsold stock carried over. Prices vary from low grades to good calves, with cows and steers showing drift toward lower bids. Hogs receipts total 650 with prices firming on light supplies and packing grades moving at steady to higher rates.

Suill

Corn market ends higher on early receipts but bears loom

Chicago traders saw corn prices close 3 1/8 to 3 4-5 cents higher as the week’s receipts of 240 cars offered bullish support despite early weakness. July and September futures rose while oats mirrored strength and provisions edged lower on hog calls and rain.

Chicago

Livestock Prices Mixed as Markets Try to Stabilize

Chicago cattle and hog prices drifted, with receipts about 12 000 cattle and 40 000 hogs. Prime beef steers rose slightly while cows held steady, hogs eased, and lambs showed strength with top lambs around 17.75 dollars. Sheep and lambs varied from 7 to 18 dollars for different grades amid a large day’s run.

Chicago

Global Midwest Grain Prices Mixed Across Markets

Across Kansas City Minneapolis and Indianapolis reports show wheat and corn futures varying by location. prices for No 2 hard wheat range around 2.78 to 3.05 with several markets noting minor gains or drops. Corn prices hover near 1.69 to 2.05 with steady or mixed movements and oats around 1.15 to 1.21 depending on grade and market.

the Commercial Tribune Indianapolis Carn Hay Firm New York Middle West ST. Louis Milwaukee Timothy Tennessee Golden Western Liberty Kansas

Fear of Mall Receipts at ND Corn Prices Up

Cincinnati June 15 1920 bulls push corn market as end of receipts run nears cash premiums over July. Demand improves with prices up to 6c higher. white grades sought. Wheat steady to lower. oats up on large buyers. Grain and hay markets show varied shifts with hay prices easing amid ample offerings.

Cincinnati

Cotton seed oil ends irregular with mixed moves

Cotton seed oil in New York shows a volatile session with prices swinging after early losses. Active months fell on liquidation and stop loss selling before refiners supported nearby deliveries, closing 18 points higher to 25 points lower.

New York

Commodity Prices Report From New York and London

Copper dull and varied futures slipped up to 1.5 cents while iron stayed steady and tin eased. Lead and zinc showed mixed London quotes with spot and futures aligning around key parities. zinc traded near 41 shillings and sixpence in London, copper and tin quoted in US and UK markets.

New York St. Louis London

Market Quiet as Call Loans Hold at 7 Percent

In New York a semisilent session saw money ease with call loans at 7 percent despite large cash transfers for income and excess profits taxes. Time money stayed unchanged as banks offered only sparse mid year renewals for thirty and sixty days.

New York

Market Rates and Exchange Fluctuations Report

New York June 15 Mercantile paper 7 percent exchange irregular Sterling sixty day bills 389 percent commercial sixty day bills on banks 389 percent demand 30444 cables 395 Francs demand 766 cables 768 Belgian francs demand 802 cables 804 Guilders demand 3590 cables 3592 Lire demand 567 cables 569 Marks demand 244 cadwlg 246 New York exchange on Montreal 135 16 percent discount Government bonds easy railroad bonds easy Time loans strong 60 90 and six months 8 percent Call money steady high 7 percent low 7 percent ruling rate 7 percent closing bid 7 percent offered at 7 percent last loan 7 percent bank acceptances 6 percent

New York Mercantile Paper New York Exchange Montreal

Markets Report From Columbus Closing Collage

In Columbus on June 15 trading closed with Cities Service common at 322 to 326 and a 64 percent preference on sixes. Ohio Gas last sale stood at 39.

Columbus Ohio Gas

Procter & Gamble Declares Dividends for 1920

The Procter & Gamble Company announces a 5 percent cash dividend and a 4 percent stock dividend on common shares payable August 14 1920 to shareholders of record July 2 1920. Scrip for fractional shares will accompany the regular August 14 1920 dividend. Transfers close July 24 1920 and reopen August 16 1920. R F Rogan secretary.

Procter & Gamble Company Cincinnati Ohio Gwynne Building R. F. Rogan

Dividend Declared on Eight Per Cent Preferred Stock

The company today declared a regular quarterly dividend of two percent on its Eight Per Cent Preferred Stock payable after July 15 1920 to holders of record at close of business June 25 1920. Transfer books remain open. R F Rogan secretary.

Procter & Gamble Company Cincinnati Ohio R. F. Rogan

Weinberger Kaufman Company Dissolution Meeting in Cincinnati

Notice states stockholders of The Weinberger Kaufman Company of Cincinnati Ohio will meet July 7 1920 at 2 PM in the Fourth National Bank Building to consider surrendering corporate authority and dissolving the firm. President Max Weinberger signs the notice dated June 8 1920.

Weinberger-Kaufman Company Cincinnati Ohio R. de V. Carroll Fourth National Bank Max Weinberger

Probate dispute over will of Susanna Werst in Hamilton County

John J Fussner and Eleanor Fussner sue in the Court of Common Pleas, Hamilton County Ohio, challenging a purported will admitted to probate. The plaintiffs seek a declaration that the paper writing is not the last will and testament and request an issue to determine validity, with the August 7, 1920, deadline to answer. Attorneys Cohen, Mack & Hartig. Cincinnati, June 16, 1920.

Peter Werst Brookville Indiana Anthony Wilkhelm France Street New Orleans Louisiana Ferdinand Werst Mary Meyer Madison Avenue Covington Kentucky Hienora Burkhart Susanna Fussner Sister Julie Louise N. D Convent of Notre Dame North Capitol K Streets Washington, D. C Susanna Werst Hamilton County Ohio Frank Meyer John J. Fussner Eleanor Fussner Cohen,mack & Hartig Cincinnati

Walnut Hills Methodist Church seeks sale of land for street widening

The Walnut Hills Methodist Episcopal Church of Cincinnati Ohio filed June 1 1920 in the Hamilton County Court of Common Pleas a petition seeking authority to sell and convey to the City of Cincinnati a seven foot by 115 foot strip of ground on the southeast corner of Ashland avenue and McMillan street for the widening of McMillan street The hearing is set for on or after July 9 1920 Charles C Benedict attorney for petitioner Cincinnati Ohio June 16 1920.

Walnut Hills Methodist, Episcopal Church of Cincinnati Ohio Court of Common Pleas Hamilton County City of McMillan Street David R. Kemper Ashland Avenue Charles C. Benedict

Printing bids sought for primary election materials

The Board of Deputy State Supervisors and Inspectors of Elections invites sealed bids by June 2 1920 at 10 am for printing poll books ballots envelopes and related supplies for the August 10 1920 primary. Bonds in double the bid amount are required with bids to guarantee contract acceptance and completion. The board may reject all bids and may award to multiple bidders.

Board of Deputy State Supervisors Third Walnut Streets Thomas J. Noctor Chas. H. Woeliner

Devon Oil Shale Products Company Applies for Ohio Stock License

NOTICE. The Devon Oil Shale Products Company of Cincinnati Ohio has applied to the Ohio Commissioner of Securities on April 16 1920 for a license to deal in stock. Agents named in the application are T A M Jamison Cincinnati Herbert Mershon Akron W M Clements Cincinnati and Harry Heil Cincinnati.

Devon Oil Shale Products Gompany Ohio Devon Oil Shale Products Company Cincinnati Commissioner of Securities State of T. A. M. Jamison Herbert Mershon Akron W. M. Clements Harry Heil

Also Mentioned on This Page

UGE Trading American Rolling Mill Common American Seeding Machine Common Cincinnati Union Stockyards Cooper Corporation Dow Drug Preferred Fay & Egan Common Goodyear Tire & Rubber Preferred Kroger Grocery & Baking First Preferred Preferred Paragon Mefining Common Procter & Gamble Common Cincinnati Gas Cincinnati Gas & Electric Superior Oil United States Printing & Lithograph First Preferred Second National Bank Cities Service Ohio Cities Gas Cincinnati Street Railway Financial Notes P. Atchison Comeet Baltimore & Ohio Brooklyn Rapid Transit Canadian Pacific Eee Hesdpeake Chicago Great Western Northwest St. P Erie Illinois Central Interborough Texas Missouri Pacific Nevava Hartford New York Central Ontario West Norfolk & Western Pere Marquette Southern Pacific Southern Railway Steee Pere pasbuEairske Feeene Texas & Pacific Smet Besanie Union Pacific Rene Bbgj Aej My An Industrials iSales Ajax Rubber Steel Ewes Peberebetenne Allis-Chalmers American Agricul. Chemical Esetes Eleriegngees Fay Seana Peereesl American Ship and Commerce American Sugar Ref. Co American Tel American Tobacco Securities Wom Anaconda Mining Co CSR Owees Weseseens Barrett Co GeeRaria Eee Cevclves Bethlehem Motors Tree Bethlehem Steel Bosch Butte-Superior Copper Cerro de Pasco Fe Shea Chandler Motors Chile A'S Chino Copper Sane Coca-Cola Hee Colorado Fuel and Iron Tee Local Securities Standard Oil Stocks Cincinnati Stock Exchange Special Dispatch Commercial Commercial Tribune First Call American Rolling Mill American Roll Mill Full Mill Part Dow Drug Co Goodyear Tire Paragon Refining Co Kroger Kroger New Soubaaks Amsterdam ASK Panama Philippine Island of Columbia Secreces Liberty Liberty First Secindsee Victory N. Y Anglo-American Jl Co Auantic Refining Ateeneee Borne-Scermyser Co Buckeye Chesebrough Mig Indiana Pipe Line Tee Teeee National Transit Co Vere New York Transit Co Steeewnee Northern Pipe Line Co Ohio Oil Co Pices Davanté Prairie Oil and Gaé Nee Prairie Pipe Line Solar Refining Co Ewe Eeewnes Southern Pipe Line Co South Penn Oil Co Tanee Southwest Fenn Lines California Neetie S. Kentucky Nebraska New Jersey Vacuum Oil Co Washington Oil Glenrock Te Merritt Midwest Refining Shipping Notes Cattlemarket Chicago Grain Market Grain and Provisions Kansas City Minneapolis Toledo Alsike Grain and Hay Market Dairy Bulletin Perth Michigan Wisconsin Schweitzer Limburger Fruits and Vegetables Florida Georgia Uneeda Warfield U Tennessee H.G H. G. Doz Cobblers Alabama H. G Louieville N. C Buriasse Nancy Hall Porto Rico METAL Otis & Company Dayton Fan & Motor CO Dayton Fan & Motor Company Fans and Motors Ax. J. Frank Union Trust Private Branch Exchange Main Western Paper Goods Company Alse W.e.hutton & CO Cincinnati, Ohio Broadway Chicago Board of Trade New York Cotton Exchange Bond Department Hershey Chocolate Corporation Hershey Chocolate Company Telephone Baldwin St. Lewis Baldwin Piano CO W. 4Th St
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