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Cincinnati Commercial Tribune in Cincinnati, Ohio

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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jun 18, 1920

Page

10

Markets Flat as Banks Hold Back Funds and Caution Rules

Widespread dullness in markets with New York money at 7 percent and limited liquidity. Bankers anticipate delayed credit to borrowers. traders expect subdued activity through summer with no bull market in sight. Bond sales remain modest and foreign exchange shows volatility amid tentative gold movements. Local stocks show indifference and light turnover as sectors pause.

New York Federal Reserve Westheimer & Co Sterling Exchange Bank of England Sterling Liberty and Victory Victory New York Exchange Foreign Exchange Hong Kong Cincinnati New York Stock Exchange Crucible Steel

Bank Clearings and Stock Trades Across Cities

June 17 reports show bank clearings at 13.16 million, down from yesterday. Cincinnati stock floor records 201 shares sold with notable names including American Rolling Mill, Procter & Gamble, Goodyear pref, and Cin'ti Gas peers. St Louis reports debits of 30.31 million and a lack of New York exchange market activity.

Cincinnati Cincinnati Stock Exchange American Rolling Mill Eeee Procter & Gamble Ti Gas Transportation Ohio Cities Gas Procter & Gamblers Ti Gas and Electric

Market Ticker Shows Mixed Trading On Local Exchange

Trading on the local Stock Exchange featured scattered gains and losses across diverse issues. Notable changes included Cincinnati Gas and Electric active with bids around 68 and 69 amid modest offerings, while Paragon Refining and Gibson Art saw demand shift. Dividend announcements arose from Crucible Steel and Amalgamated Leather with varied pay dates and rates.

Mercantile and foreign exchange report June 17

New York Mercantile paper 7 percent exchange strong. six ty-day bills 393 percent. demand 3974s. Paris bourse up with three percent rentes at 57f 80c. exchange on London 50f 5 4c. London money 4 percent. discounts on short bills 6 percent.

New York Mercantile Paper Exchange New York Exchange Montreal Paris London

Butter and egg market reports from New York and Chicago

New York on June 17 reports butter mostly steady with higher creamery prices and large receipts, eggs irregular with 24 251 cases, and cheese firm on current make. poultry steady with varied live and chilled items. Chicago shows butter lower at 45 to 55 percent, eggs down with 49 175 cases, firsts 38 to 41 cents, pigments and storage packed items moderating. poultry unchanged.

New York Pennsylvania Western Kennery Chicago

Local Securities Quotations From Cincinnati Stock Exchange

Last official quotations list bonds and stocks on the Cincinnati floor. Notable items include Procter & Gamble 1923 preferred at 126 to 127, American Rolling Mill at 53, Goodyear Tire and Rubber pref at 86 , Kroger G. and B. new preferred around percent, United States Can and Playing Card shares, and Cincinnati Street Railway at 37 to 39. Ex-dividend noted.

Champion Cincinnati Union Stockyards Dalton Gibson Art Goodyear Tire and Rubber Preferred Paragon Refining Common Procter & Gamble Common Richardson Common United States Printing and Lithograph Common Cincinnati Gas and Electric Cincinnati Gas Transportation Columbia Gas and Electric Ohio Cities Gas Common Local Stock Exchange New York Exchange New York Cincinnati Street Railway Cincinnati Stock Exchange Ham. & Lind Broadway & Newp T Br Procter & Gamblers Procter & Gamble Sarah Why Rodgers Seu Sen Ondente Adel American Rolling Mill Andrew Jergens Olkass Black-Clawson Casey-Hedges Cin Cooper Corp Fay & Ngan Fenton U. C D. Com Fleischmann Goodyear Tire Globe Wernicke ROE Ies Saas Gruen Sons Watch Ode Holters Kroger G Owens Bottle Eee Paragon Refining Nesicenae Sae Richardson Com Ceereeseee TRO Broes von Cessee Eksastenat Arene & Scovill Pref Seoves United States U. S Icc Coveseres William Powell Whitaker Paper Atlas National Bank First National Bank Second National Western Bank and Trustee Ti Gas Transportation Cities Service Bankers Ohio Cities Gas Ohio State Telephone Oak C Ceterisies Vn DO Acdc Ks Cee Esensesviocesans Ohio Traction

Cotton futures rise on heat worries in eastern belt and Southwest rain hopes

In New York on June 17, October futures recovered to 34.77 cents before settling 34.54 as overall market steadied. July and December moved up and down amid hot eastern temperatures, weather forecasts and textile trade signals. Despite nervousness, shorts bought, and July rose to 37.75 cents with December at 33.52. US season shipments reach 6,094,920 bales. receipts 3,882. port stocks 969,117.

New York Shorts Belt Southwest United States

Market Closing Figures From Columbus Dated June Seventeenth

Closing: Cities Service common 3240330 with a 64 percent preference around 64% and Ohio Gas at 38 percent last sale.

Columbus Cities Service Com Ohio Gas

Stock Market Sluggish Session Ends With Mixed Trends

New York June 17 Stocks opened firm then drifted irregularly as the market softened toward the close. Turnover ran about 300 000 shares the lightest full day since February of last year. Gains clustered around General Chemical Barrett National Analine Virginia Iron and other minor equipment and food shares with notable late declines.

New York General Chemical Barrett National Analine Virginia Iron

Chicago Grain Market Sags as Corn Prices Slide Amid Oversupply

Chicago June 17 reports show corn prices dropping with receipts up and shippers exiting the market. July and September futures fall while oats and pork provisions weaken. traders note East coast competition and possible wage news affecting sentiment. Cash prices list No. 2 corn at 1.84 to 1.91 dollars and oats at 1.13 to 1.21 dollars per bushel.

Chicago Bears Indianapolis

Grain Prices Across Cities June 17 Report

Toledo and St Louis report mixed gains in corn oats barley and seed prices with cash and futures quotes. Kansas City Minneapolis Milwaukee New York list various wheat corn and oats prices and shipments reflecting market activity.

Toledo Timothy ST. Louis Kansas City

Textile price report shows mixed trend in June markets

In New York on June 17, colored cottons for working suits held steady while print cloths and convertibles showed irregulars and sheetings weakened. Burlaps firm at Calcutta and unchanged locally. Raw silk and cotton yarns were more stable to irregular.

New York Calcutta

Cattle Market Report from Cincinnati 1920

Cattle market slow with inferior offerings and thin demand. Hogs rise to near record highs as 3,278 head arrive and drive prices up to 16 dollars. Sheep and lambs show slow demand with best lambs at 17 and bulk around 14 to 16 dollars. Markets in Chicago Kansas City and East St Louis show mixed results for cattle hogs and sheep.

Cincinnati Chicago Kansas City East ST. Louis

Metal market report from New York and London

Copper dull and steady with June to September at 19.25 dollars per unit. Tin at 47 dollars spot, iron firm, antimony 8 dollars, lead around 8 dollars, zinc around 4.47 to 7.55 in East St Louis. London quotes show copper spot 82 pounds 1s, futures 34 pounds 15s 6d, tin 240 pounds 0s, lead 31 pounds 10s, zinc 39 pounds 10s.

New York East St. Louis London Standard Copper

Market Report Shows Varied Gains Across Firms

Chicago on June 17 reports mixed stock movements with Armour Premium at 94 percent and Armour Leather 15 percent while Carbide rose 64 and Swift International gained 36. Other notable shifts include Libby 13, Stewart-Warner 40, Swift & Co 107, Western Knitting 17 and Wrigley Thimbe?

Chicago Armour Pref Armour Leather Carbide Libby Stewart-Warner Swift International Swift & Co Western Knitting Wrigley

Easier Market Results From Small Demand

Market clerks report a slack demand from large interests leaving the market. Corn prices ease with weaker local demand. wheat and oats show declines, while hay receipts are light and scarce in value. Eggs and poultry move moderately. calves weaken the market. Butter and cheese hold steady amid broad price quotations for grains and feed.

Cincinnati

Sugar Market in New York Holds Steady Amid Trade Interest

New York June 17 There were no major shifts in the raw sugar market with Cuba at 18 a c cost and freight equal to 19 56 c for centrifugal. Sales included 14 000 bags of full duty sugars afloat at 18 c i f and 10 000 bags of Porto Ricos for June shipment at 19 56 c for centrifugal. Refined prices steady at 22 c for fine granulated. A leading refiner signaled readiness for new city and country shipments by July 15 at 2 c. Futures were irregular with opening steady to slightly lower, then firm on cover and trade buying before easing at close.

New. York Cubas

Pig Iron Market Faces Shifts Amid Campaign and Rail Strain

The piece argues presidential politics will not directly affect pig iron, stressing transportation limits and rail capacity as the main hurdle. It notes scarce coke raising costs to 17 dollars a ton, a surge in iron sales this week, and ongoing labor disruptions easing with the end of a switchmen strike, affecting supply.

City of Cincinnati repeals Seventh Street paving resolution

On June 15 1920 Cincinnati Council repealed February 3 1920 action to improve Seventh Street from Vine Street to Freeman Avenue by paving with wood block and updating water mains. The repeal cancels the earlier resolution and the 1928 restoration notice. Clerk Schnellers attestation and Mayor Galvin approval noted.

City of Cincinnati Seventh Street Vine Street Freeman Avenue State of Ohio Carl M. Jacobs Fred Schneller John Galvin

Cincinnati Adopts Stringent Block Restrictions Ordinance 1920

The Cincinnati City Council on June 15 1920 passed Ordinance No 224 1920 amending Section 452 of the Code to ban reservoirs or buildings for flammable or offensive goods in residential blocks or squares with limited exceptions for existing or completed uses prior to the ordinance. Section 2 repeals the prior amendment 211 1920 and Section 3 states the measure takes effect as allowed by law.

City of Cincinnati State of Ohio Carl M. Jacobs, JR Fred Schneller John Galvin Clerk of Council For Public Inspection

City Council Amends Building Permit Fees 1920

On June 15 1920 the City Council adopted Ordinance No 222 1920 amending Section 349 of the Code to set permit fees. A base $2.00 is due for issuance plus 25 cents per thousand cubic feet of contents or additions. Alterations costing $100 or less require a $1.00 permit fee. higher costs follow.

City of Cincinnati Seen State of Ohio Carl M. Facobs, JR Fred Schneller John Galvin Fiie Clerk of Council For Public Inspection

Permit Fees Schedule for Alterations and Sheds

City ordinance sets permit charges for building alterations and sheds. Fees vary by cost: under 500 dollars two dollars. 500 to 1000 dollars five dollars. over 1000 dollars two dollars per additional thousand. Sheds incur 1.50 dollars plus a half cent per hundred cubic feet. Effective after legal allowance.

Oil treatment district created for McMicken area 1920

The Cincinnati Director of Public Service declares a district along McMicken Avenue and connected streets from Marshall to Dixmyth and related roads. Property abutting these roadways will be assessed per foot to cover the cost of oil treatment, to be performed once in summer 1920, with later scheduling by the Director.

Director of Public Service City of Cincinnati John J. Lauck McMicken Avenue Public Service Marshall Avenue Dixmyth Avenue Clifton Avenue Riddle Road Deckebach Avenue Probasco Avenue Public MecMicken Avenue

Also Mentioned on This Page

Quick Auto Court Fort Ohfchage Q Wille Straus Gutinah Jenaerst Cha Straus Mark Fornia Utton & C Special Dispatch the Commercial Tribune Giose Tchison Palas Coca-Cola Beneennatt Baltimore & Ohio Columbia Grapho Brooklyn Rapid Transit Consolidated Gas Canadian Pacific Chesapeake & Ohio Chicago Great Western Chicago & Northwest Milwaukee & St. P Rock Island Pac Endicott-Johnson Delaware & Lackawanna Gaston, W. & W., Inc Denver & Rio Grande General Cigars General Motors Great Inspiration Consol Lehigh Valley International Hary N. J Louisville Agricul Chemical Missouri, Kansas & Texas International Nicke Missouri Pacific Pete Ee International Mercan Marine New Haven Hartford Tee Ene Ewes International Paper Ews Ee Eevess New York Central Kelly-Springfield Eee Ee Ty.stiahe de Ibs Kennecott Copper Northern Pacific Norfolk & Western Wheeees Ak Ae Pennsylvania Mexican Petroleum Rivg Seaboard Air Line Southern Pacific Midvale Steelee Southern Railway National Enamel and Stamp Peeelemareers St. Louis & Southwestern Nevada Nova Scotia Steel Fewean Texas & Pacific Eye Third Avenue Ae Oklahoma Union Oon Ee Otis Steeler Ce Pierce Arrow Pierce Oil Sheen Alaska American Car and Foundry Tee Eee Ewe American Intern Corpor Saxon Motors Eee Shell Transport O'Se Peen ST Sinclair Oil and Ordn Eae Sloss-Sheffield Steel American Sugar Refining Co Stromberg American Tel and Telegraph America Tobacco Securities Studebaker Corporation Texas Oil Tobacco Products Corpn Delaware Anaconda Mining Co Eas United States Realty Atlantic Gulf United States Rubber Baldwin Locomotive Barrett Co Bethlehem Motors Bethlehem Steel United Retail United Ies Nee Wise United Fruit Co California Petroleum Seeveeseesal Eceeesleberee S. Cast Iron Pipe Utah Dopref Vanadium Steel Pe Hs Ete BR Willys-Overland Feetenee Kanes Panama Insland Philippine Island District of Columbia Liberty Weenane Eeeree Liberty Fourth Atane Sween Ee Iteses Victory N. Y Financial Notes Federal Revenue Bank of Cleveland Treasury Crucible Steel Company Amalgamated Leather Co Bankers’ Trust Company Kansas City Southern Railway Company Local Securities Standard Oil Stocks Alfred Hill & Co Ask Anglo-American Oil Coeetewee Atlantic Refining Borne-Scrymser Co Buckeye Pipe Line Co Chesebrough Mfg Aeneweee Continental Oil Co Enyed Eee Crescent Pipe Line Cumberland Pipe Line Co Eureka Pipe Line Co Galena Signal Oil Co Illinois Pipe Line Indiana Pipe Line Co National Transit Co New York Transit Co Northern Pipe Line Co Ohio Oil Co Tess Prairie Oil and Gas Prairie Pipe Line Co Solar Refining Co Southern Pipe Line Co South Penn Oil Co Southwest Penn S. O. Californias Seesaeess Indiana Kentuck Nebraska New Jersey S. O Chicago Grain Market Grain and Provisions Minneapolis Milwaukee Cattlemarket METAL Tennessee Golden Western Liberty New Kansas Earcorn Daily Bulletin Michigan Wisconsin Schweitzer Limburger New Fruits and Vegetables California Georgia Uneeda Florida Tennessee H. G Texas Alabama N. C N.C Nancy Hall Porto Rico Louisiana Matthew Addy CO Seventh Sttreet Cail Baldwin Fens THE Baldwin Piano CO W. 4Th St Western Paper Goods Company Dmi W.e.hutton & CO Cincinnati, Ohi Broadway Chicago Board of Trade Cotton Exchem
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