Prices of Stocks Decline On Passing of Dividends
New York stock market shows dull trading with narrow movements as railroad groups such as the Cleveland Cincinnati Chicago St Louis and Lake Erie Western pass dividends on common or preferred shares. Analysts note sentiment from Vanderbilt holdings and warn of profit impairment risks amid other market cues including crop reports and gold exports.
MENTIONED IN THIS ARTICLE
New York
Cleveland
Cincinnati
Chicago & St. Louis
Lake Erie & Western
Foreign Bourses Open Firm Amid Market Caution
London June 17 money in good supply but stock market dull as dealers await the Republican Convention. American shares firmer on Wall Street yet light trading. Erie Union Pacific firm with favorable traffic. Major bonds show varied gains and losses while silver remains steady at 24? per ounce.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Wall Street
Erie
Union Pacific
Grand Trunk
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago Great Western
Chicago
Milwaukee & St. Paul
de Beers
Denver & Rio Grande
Illinois Central
Louisville & Nashville
Isouri
Kansas & Texas
New York Central
Norfolk & Western
Ontario & Western
Pennsylvania
Rand Miney
Reading
Southern Railway
Southern Pacific
United States Steel
Wabash
Amalgamated Copper
Market tone steady as Chicago convention weighs
Berlin and Paris report firm bourse tone on June 17 with New York signals boosting confidence. Short bills yield 1 percent and three months bills 1 percent in London checks. discount rates show 3 percent for short and three months bills. In Paris three percent rentes trade near 95c with London exchange at 26 francs 12 centimes for checks.
MENTIONED IN THIS ARTICLE
Berlin
New York
Chicago
Exchange
London
Paris
Iron Age forecast on steel and wire price cuts uptake
The Iron Age reports little effect from last week’s price reductions on finished wire and steel, except steel bars where 250 000 tons have been booked by the oil interests with agricultural implement makers. Pig iron moves are noted in Chicago. 40 000 tons sold by a Southern furnace to a large manufacturer. Seaboard activity shows foundry and basic irons. lake ore prices fall 50 cents per ton.
MENTIONED IN THIS ARTICLE
New York
The
Iron Age
Pittsburg
Chicago
Southern Furnace
Seaboard
Missouri, & Northern Arkansas Railroad
Market Ticker Prices for Mining Shares Listed in New York
New York report lists mining shares with quotes for Alice ofd at 3.00, Breece 0.05, Brunswick Condensed at 0.07, Com stock Tunnel 0.30, Con. Cal and Va bonds at 0.51, Horn Silver 0.50, Iron Silver 0.90, Leadville Con 0.055, Little Chief 0.05, Mexican 0.40, Ontario 6.25, Ophir 2.45, Small Hopes 0.118, Standard 1.80, Yellow Jacket 0.48.
MENTIONED IN THIS ARTICLE
New York
Alice
Brunswick
Comstock Tunnel
Con. Cal
Leadville
Little Chief
Ontario
New York Bond Sales Reported by W. E. Hutton & Co
A completed list shows New York bond sales with numerous issues across Jap 4s Can 4s Cuba reps U P conv 4s and Tex Pac listings. Totals reach 3 448 000 in most categories with partial quotes and instalment details for several entries.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
First National Bank
WN. Y
N. H. & Hist
U. P
Cuba
Bord Vain Coe
Cen. Lea
Rap
Gt. Nor.ists
Pac
Pyasas
Tenn
East
D. Pis
Tex. Pac. Abs
L. E. Col
North Fairmount Improvement Association to Meet Tomorrow
Local meeting announced for Maccabee Hall Carll Street tomorrow evening. Norman G Kenan to return from Chicago Saturday to witness the Cincinnati stallion ascent in the afternoon. Cincinnati and Hamilton Traction Co transfer books close tomorrow noon ahead of quarterly dividend. Third National Bank stockholders to ratify merger with Fifth National Bank today by unanimous vote. Clifton Heights Realty Co incorporated in Columbus with 20000 capital by Field family and Drausin Wulsin. Notable visitors registered at the Business Men's Club include Sternberger Paris Ky Baldwin New York City Chapin Dallan Indianapolis Millard Waddington Chicago Well Smith Dayton O.
MENTIONED IN THIS ARTICLE
North Fairmount Improvement Association
Maccabee Hall
Carll Street
Cincinnati & Hamilton Traction Company
Third National Bank
Fifth
Third National Banks
Business Men's Club
C. F. Sternberger
Paris
Frank Baldwin
H. D. Chapin
Douglas Dallan
New York City
C. S. Millard
Indianapolis
Ind
J. B. Waddington
Chicago
Dan Well Smith
Dayton
Cincinnati Wholesale Jewelers to Host August Convention
The Cincinnati Wholesale Jewelers Association met in Lin ton to arrange entertainment for delegates attending the August convention. Nest No. 2 of the group Ku Kux Klan is expected to enliven the convention week.
MENTIONED IN THIS ARTICLE
Cincinnati Wholesale Jewelers’ Association
Linton
Nest No. 2
Advertiser's Club Plans Boosters Surprises
Members of the Advertiser's Club met at Schuler's cafe for a noon luncheon to discuss Boosters plans. The regular monthly meeting is set for Tuesday June 30 at the Grand Hotel with promises of several surprises for attendees.
MENTIONED IN THIS ARTICLE
Advertiser’s Club
Schuler
Grand Hotel
Regional Oil and Turpentine Prices Across Cities
Ragland crude at 70c in Pittsburg, a 5c drop. Sharleston turpentine quiet. rosin steady with varied quotes. Savannah turpentine firm at 40c with strong sales and large receipts. kosin and rosin quotes listed. Wilmington spirits turpentine steady. tar and crude turpentine noted with specific receipts. Toledo oil prices shown for North Lima and others. Oil City credit balances and production figures posted.
MENTIONED IN THIS ARTICLE
Pittsburg
Sharleston
Savannah
Kosin
Wilmington
Toledo
Lima
South Lima
St Paul Road Fined $1000 in Eight-Hour Law Case
Milwaukee June 17. The Chicago Milwaukee and St Paul Railroad Company must pay the state $1000 and $50 costs for violating the eight hour law. Judge Warren D Tarrent entered the judgment on motion by Attorney General Gilbert. The case tested overtime work of a telegrapher at a way station and will be appealed to the Supreme Court and then to the United States Courts.
MENTIONED IN THIS ARTICLE
Milwaukee
Chicago, Milwaukee & St. Paul Railroad Company
Warren D. Tarrent
Gilbert
Supreme Court
United States
Metals Markets Report From London and New York
Lead, spelter, copper and iron prices move in London and New York trading. Lead at $4.42 local, London £12 18s 9d, copper near £58, nickel and tin retreat while iron holds. Local markets show varied quotes and limited changes across metals.
Coffee futures ease as market opens steady to lower
New York June 17 The coffee futures market opened steady to down five points amid liquidations and light support. Close was easy with several contracts slipping. day’s sales totaled about 13,000 bags including June at 5.90c July 6.90c September 85c December 5.85c and March 5.90c. Spot quiet with No 7 Rio at 6c and No 4 Santos at 8%c. Mild coffee dull with Ogerdova quoted 9% al 2%c.
MENTIONED IN THIS ARTICLE
New York
Havre
Rio
Santos
Ogerdova
Cgck
Cees
Bias Tebe
Liverpool
New Orleans
Houston
Uplands
Gulf
Dry goods markets show quiet day in New York
The dry goods markets were generally quiet for the day with firm tendency in many cotton lines. Silk piece goods are firmer due to a raw silk advance and better general trade demand. Knit goods market tone improves and spring knit lines open next week.
MENTIONED IN THIS ARTICLE
New York
Butter and Cheese Prices Stated by Markets in Chicago and New York
Chicago reports butter steady with creamery 19a230c, daisies 17a2ic, firsts 14%c. Cheese firm daisies 12c, twins 11%c, Young Americas 11%c. Poultry alive firm turkeys 14c, chickens llc, spring chickens 20c. New York notes butter steady receipts 10,684 pigs, cheese unchanged, eggs steady with receipts 21,284 cases. Poultry alive steady spring chickens 20c fowls 13%c, turkeys 12c, dressed 20a28c.
MENTIONED IN THIS ARTICLE
Chicago
Young Americas
New York
Revenue Collections In May Show Decline In IRS Receipts
Washington June 14 The monthly statement of internal revenue collections reports May receipts at 18 495 681 a drop of 4 040 080 from the same month last year The eleven month deficit in the current fiscal year totals 16 749 400 Every tax item declines except a small rise in adulterated butter sales and penalties
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue
Money on Call and Rates in New York Market
New York money on call at 1 percent with slight drift in time deposits. Sixty days 1 1 2 percent, ninety days 2 1 2 percent, six months 3 percent. Prime mercantile paper 3 1 4 percent. Sterling steady. bankers bills 487.10 for demand, 485.50 for sixty-day bills. Commercial bills 485. Bar silver 53 4 cents. Mexican dollars 47 cents. Government bonds steady. railroad bonds irregular.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Ask
Panama
Philippines
Cincinnati Clearing House
London
Glasgow
Berlin
Paris
Reich- Mapec
Wool Price Report From St Louis May 1797
St Louis reports wool prices in June 1797 for combing and clothing grades at 19 22 cents per pound, light fine at 14 4/5 cents, heavy fine at 11 1/2 to 12 1/2 cents, and tub washed at 19 to 26 cents.
MENTIONED IN THIS ARTICLE
ST. Louis
Seed prices for Clover Seed posted in Toledo market
Toledo market note lists Clover seed prices with futures months October at 7.53, December at 7.30, and March at 7.40 dollars.
MENTIONED IN THIS ARTICLE
Toledo
Smiling Children Feature In Next Illustrated Magazine
A teaser notes another page of smiling children in next Sunday's Illustrated Magazine, included free with The Sunday Commercial Tribune. It promises pictures stories jokes and incidents about Queen City residents and places, urging readers to pick up a copy in a cool spot.
MENTIONED IN THIS ARTICLE
Tribune
Queen City
Kentucky Issues Demand Hits Municipal Bonds Market
Cincinnati reports bank clearings 3,871,200 with New York exchange premiums. Industrial and traction stocks rise as Water Works 4s and Cincinnati Schools 4s draw demand. Bonds, including Cincinnati Gas and Electric and Street Railway, show strong activity amid steady money market and munis.
MENTIONED IN THIS ARTICLE
New York Exchange
Cincinnati
Cincinnati, Newport & Covington Light and
Cincinnati Gas and Electric
Columbus
United States Printing
Water
Hamilton & Dayton
1Share Cin. Gas and Electric
T. Pf
Morning Call
U. S. Printing
N.&c.l
Col. Gas and Fuel
Edison Electric
Cin
Gas and Electric
Cincinnati School
N. & Z. Bloc, Ry
Water Works
Traction Bonds and Rail Stocks in Market Listing
A dense market update lists various traction bonds, railroad bonds, and unlisted bank stocks. Key items include Ohio Southern Ists 7% bonds at 103-106, Col. Ry. 48, and G.R. & F. W. 7s at 119%. Railroads Dayton & M and Ky. Gent. 4s are shown with around 58 to 106, plus several unlisted bank stock quotes such as Fifth-Third and Cit. Nat. Cov. Also noted are numerous preferreds and minor bonds with varying prices and yields, reflecting a broad, snapshot market page.
MENTIONED IN THIS ARTICLE
Am. R. Ape
Globe Soap
Jergens
Smith
Globe-Wer
Ham. Mo. Tool Pr
Bath
Sy F
Stan
Brownell Hueb
Casey H
Kroger
el Stockyards
Ph. Carey Pr
S. Tel
Ph&f
M Roots
Mill
Columbia Gas
Col. Gas & F
TiMistentoe- Sh
Cuyahoga
Telsaeeee
Ham
W. Powell
Foulds M. M
Wurlitzer Aeeee
Fleisch'n
Atlas
Cent Trust
Western
Cincinnati
Consol
J. J
M. N
Southern Ry
Water Works
F. A
Hunt St
Hamilton County
Longview
F. Presaeeee
Eas
Newport le Water Works
Bex
N. Pees
Col. Ry
D. Ie
Cotton market reports mixed activity across major hubs
New Orleans firm spots with 1 275 bales traded and unchanged prices, but futures swing with July and August up while later months drop. Liverpool and New York show stronger demand and brisk buying, aided by favorable weather and occasional bulls.
Treasury balances report for June shows cash and gold assets
The Treasury general fund balances exclude the $150 million gold reserve and list available cash at 239,168,005 dollars, gold coin and bullion at 33,056,165 dollars, and gold certificates at 31,115,920 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Big Four Passes Dividend Amid Quiet Railway Update
In Peoria whisky sells at 1.35 while Lake Erie and Western omits its semiannual preferred dividend. Cleveland Cincinnati Chicago St. Louis Road directors hold common dividend. Melville Ingalls notes earnings potential and cautions against risk.
MENTIONED IN THIS ARTICLE
Big Four
Lake Erie & Western
Wall Street
New York
Lake Erie &Western Railroad Company
Directo
Cleveland, Cincinago & St. Louis Railway
Melville E. Ingalls
Cleveland
Cincinnati, Chicago & St. Louis
Ohio Incorporations Filed In Secretary Of State
Articles of association were filed in Columbus on June 17 naming several firms and fraternities including Park Riding Academy Company in Cleveland with $10,000. Manhattan Real Estate Company Cleveland $10,000. Mu Sigma Fraternity Columbus. Clifton Heights Realty Company Cincinnati $20,000. Hancock County Fair Company Findlay $25,000. Leatherwood Supply Company Kings Mills Guernsey County $2,000. and The Galion Handle and Manufacturing Company Galion increasing capital stock from $8,000 to $15,000. Names listed include C K Fancer George A Galton R M Dorrance W W Elliott Vernon E Davis Walker H Field Elsie C Field Fanny Field Drausin Wulsin.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Park Riding Academy Company
Cleveland
John M. Garfield
H. BE. Gunzi
L. L. McCallum
M. N. Kelly
Gardner Abbott
Manhattan Real Estate Company
C. K. Fancer
George A. Ga&ton
R. M. Dorrance
W. W. Elliott
Vernon E. Davis
Mu Sigma Fraternity
Clifton Heights Realty Company
Cincinnati
Walker H. Field
Elsie C. Field
Fanny. Field
Tyler Field
Drausin Wulsin
Hancock County Fair Company
Findlay
Leatherwood Supply Company
Kings Mines
Guernsey County
The
Galion Handle and Manufacturing Company
Galion
Tobacco market offerings report from Louisville auction
Louisville roundup of old crop Burley and dark tobacco sales listing dealers Pickett and Farmers groups. Burley offerings include 13 to 31 and 26 hhds at 10.50 to 19.50, dark 127 hhds at 7.50 to 9.30, ninth street and other lots at 6.70 to 15.25.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
Burley
Pickett
Ninth Street
Markets in Cincinnati steady as wheat and hay hold fortunes
Cincinnati markets show firmer wheat and steady corn while oats stay firm with light offerings and rye dull. Damaged hay and flour demand are weak. whisky remains firm as price lists, receipts, and shipments across commodities including oats, malt, and timothy detail daily activity.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Fruit and Produce Prices From Local Grocer
A list of fresh produce with prices per unit or package including apples per barrel at 2.50, asparagus 75 cents a dozen, bananas 1.75 to 2 per bunch, beets 15 to 20 cents per dozen, carrots 15 to 20 cents per dozen, cantaloupes 2 to 2.25 per crate, cabbage 1 per crate, cucumbers 30 to 35 cents per dozen, Messina lemons 3.50 to 3.75 per box, late Valencia oranges 4.24 to 4.50, green onions 10 to 15 cents per dozen, new potatoes 3.75 to 4.25 per barrel, strawberries 2.75 to 3 per crate, string beans 1 to 1.25 per hamper, squash 1.25 per crate, tomatoes 75 to 1 per crate, plus beef plate prices listed as 13.50 to 14.00.
MENTIONED IN THIS ARTICLE
Alabama
Recapitulation of Market Bid Prices and Ranges
Recap shows S at ten dollars and seventy five to eleven dollars, B at twelve dollars twenty five to thirteen dollars twenty five, and two at fifteen dollars twenty five to fifteen dollars seventy five. The data reflects multiple price levels and quantity indicators.
Allegheny Bank to Remain Closed After Failure
Allegheny National Bank, which failed recently for about $2,000,000, will not reopen. The bank’s assets will offset liabilities and stockholders face no assessment.
MENTIONED IN THIS ARTICLE
Pittsburg
Allegheny National Bank
Also Mentioned on This Page
Vanderbilt
George Eustis & Co
Mercantile Library Ee
Gar Rage J Atchison
St. Inene
Chi AM
Colorado Southern
Powches & Jada
Great Northern
Central
Northern Pacific
Ontario & West
Rock Island
Southern R
Nei
Col. F and Iron
General Electric
Pacific Mail
Republic Steel
Western Union
Eeeeeepences
Dain
Iron and Steel Trade
Havana Tobacco
Otis Elevator
United Copper
NEW York Mining
Total
Norman G.kenan
Stallon
Elsie G. Field
Fanny Field
ST. Paul Road
Jake
Northern
Southern
Southern Soft
Revenue Collections
WOOL
Kentucky
Cincinnati, Newport & Covington
Int
N.o.&t.p
Col. & Xenia
Little Miami
St. Ry
Col
Industri
Scioto Valley
Ohio
B. G
Dog
G.r.&f.w
Lr.& F.W
Colum. Bank & Saw. Co
Norw. First
Securities
Amer
Oak L.pr
Bullock
Faye Eg
Niles B.P
C. J. Buddeke & Co
Union Trust Building
Mber
Treasury Statement
Peoria
M. E. Ingalls
Louisville Tobacco
Bond Department
German National Bank
Covington, Ky
JAS
Tim'’Y
Messina
Palermo
Japan
Iseeeresecves
Michigan
Akron Crescent
Pensacola
Florida
the Union Savings Bank and Trust Company
Springfield
Weil, Roth & CO
East Fourth ST
Phoenix Grain
Cincinnati, O
Southern Ohio Savings Bank
Main St. Opisicrest
Baldwin
the Baldwin Company
W. 4Th St
S. Cc
California
Bushel
Timothy
Navy
Renee
Bédmann
Allegheny Bank