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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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?
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
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