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Cincinnati Commercial Tribune in Cincinnati, Ohio

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jun 19, 1930

Page

8

Wall Street Falls Further Amid Broad Selling Pressure

The Dow dipped toward the 230.89 resistance and bears gained steam with extensive liquidation across active stocks. Copper hit a new low at 11 1/2 cents per pound while steel shares slumped to fresh annual lows as uncertainty in prices persisted and auto stocks warned of output curtailments.

New York Associated Press Coll & Ask Cement Anal Abitibi P & P Cole Bacon Harvester Abraham & Str Col Fuel & Iron Hydro el Col. & South Adams Columbas & el Columbia Grap Corp Columbia Ajax Com Investor Ala & Wicks Alaska Sennetee Teanenenee Tel Inter Alleghany Seeesene Alliance Realty al Chem & Dye Conde Nastantenewee Johns Manville Amerada Agri Chem Levenee Jordan Motor Eeeenenene K Am Bank Consol Gas Bosch Kaufman Dept Kelsey Hay Diam Kelvinator Cont Insurance Kendall Am Chain Cont Motors Kennecott Cop Kinney GR Kolster Radio Crex Kresge Crosley Radio Kresge Dept St Hawai SS Crown Cork Ean Crucible Steel Kroger Ir Cuba Co Am Mach & Fayan Udahy Pack Lee Ubbe Tire Metal Sete Eaeneneesewees Bang Wright Seeensee Lehigh Ott Cement Steet Eeeereenrene Seeee Ieange Lehigh Val Coal Lehigh Valley R Wa Lehman Corp Lehn & Fink Davison Chem Debenhams Libbey Rad St San Delaware & Hud I . Myers del Lack & Wine del Lack & Wine Ree Ti 1,500 23 20 22 | 27,400 62 67 A 581 den RG & W Pr Detroit Edison W’s Inc Am Ship & Com Devoe & Ray A Dominion St Louisiana Dss&a Duluth Louis Gg& Ela Am Steel Dunhill Louisville & Nash Ludlum Steel Aeee Teteaee Am Sugar du Pont de Nem Ludlum Snt Pf Lessyecesse Tel & Tel Macy Rts Ann Nnneenenen Lego Eastman Kodak Magma Eaton Axle & Spg el Pow & &Lgt Maracaibo el P &L Market St Ry Elec Endicott John Zinc L & S Eng Pub Ser Marmon Motor May Dept St Anscon McGraw Hill Armour del Pf Wees Evans Auto L Ek Rae McIntyre McKeesport T Fairbanke Pf McKess & Rob Arnold Coast Fairbanks Mor Fash Park McLellan St Seh Eeeeeneeemeen Melville Shoe Asso Ap Ind Lt & Tr Engel Asso Dr. Goods Fed M & Sm of Scobes T&s F Miami Atl Coast Line Federated Dst Midland Steel Atlas Stores Auto St Razor A Missouri Pac Avia‘tion Co Ee Eee Ty Ail Foundation Aeeeeeennenneee Monsanto Chem Orenerere Montgomery Ward Ss Eeenereeeenesee Fox Film A Daceespecsee Moon Motor Bee & Ohio Freeport Texas Giiz Moto Gau Barker Motor Wheel Barnet Leather Mullins Barnadas Gabriel A Aeteeeeeneterees Munsingwear Bayuk Cigar Camewell A Murray Corp Thuy Gardner Mot Myers & Bro my ae _Creamery Attee Theeeeeeeeeres Gen Am. Invest Senenee Pref Saeneeneeee Nat Bell Hess Blaw Knox National Biscuit Bohn Alum General Electric Nat Cash Reg .A Bon Ami Nat Dairy Pr Borden Borg-Warner General Motors Nat Pow & Lt Bklyn & Qu Tr Bklyn & QT P Brunswick Bruns T & Ry Neisner Bros Aonee Newport Gen Theater Enuip Gillette Salvazor Y Central Buff & Susq Gimbel Bros Nyc&stl Glidden Co Y & Harlem Gobel Adolph Ateeweseee Nynh & H Bullard Co Bulova Watch Goodrich Steam Csemssersb ci Deue Goodyear T & R Norfolk Norfolk & Wes North Amer Butte Granby Graham Paige Amer Butte & Sup Grand Si Amer Fdis Butterick Grand Union Nor German Lloyd Toi Byers Co Northern Pacific Granite City Steel Doct Aenean Ene Eeneeeenees Calif Packi Porrereey Northwest Tel Callahan Grant W News Norwalk T & R Jumet & Ariz Calumet & Hee Gt Nor Ir Campbell Wy Gt West Sugar Fey Oliver Farm Canada Guantan Sugar Seaetees Gulf Mobile & N Cannon Mills Gulf St Steel Hahn Dept Pacific Gas & Ae Cavanagh Pacific Light Celotex Co Hanna Pacific Mills Central Agann Harb Walker Pac Hartman Packard Motor Hayes Bod Bis Pac" Pet Cerro de Pas Helme Saben Hercules Pa India P & R Hershey Checker Cab Param. Publix Ches & Ohio Hoe & Coa Park & Til Fey Holland Furn Aha Park U Houd-Hersh Pathe Exchange Chic Gt West Houston Oil Howe Hudson & Ma Peerless Motor Chie St P & P Hudson Mot Jenick & Ford Ene Oy Hupp Motor Penney (Jc Chie Rk Isl & Pac Penn RR Peoples Gas Pere Marquette Lo Pr Jelons Steel Phelps Dodge Ietabacd City Ice & Fuel Insuran Inspirat Cop Phila Co Ae City Clnett Peabody al Phila Real Co Philip Morris Interlake Iron Phillips Jones Cora-Cola Senet Eteetee Wall Street Journal Wire Stock Exchange Wall Street

Federal Board Reports Prices Low After 13 Years

The Federal Reserve Board found wholesale commodity prices at their lowest in thirteen years. April prices were about 7 percent below July of the previous year, with declines spreading worldwide. The board links price drops to slower trade and high money rates, plus reduced consumer purchasing power from lower employment and wages.

Washington Federal Reserve Board

Chain stores and branch banks defended at banking meeting

Denver June 18 Two economic developments chain stores and branch banking were praised as here to stay by bankers. E V Krick of American Trust San Francisco argued unit banking failed to serve the public while Clark G Mitchell of Denver National Bank contended chain store competition would be fair and most dollars return to the community through wages and purchases.

Denver Col American Institute of Banking E. V. Krick American Trust Company of San Francisco Clark G. Mitchell Denver National Bank Ich Mitchell

Tax Free in Ohio Investment Securities

The Procter and Gamble Company common stock and The Irwin Ballmann Co. list taxable charges at Mes. 328 330 and 332 Walnut St in Ohio.

Ohio Investment Security Mes Walnut St

Local Market Tracks Losses on Cincinnati Stocks

In a third straight new low day for the Cincinnati stock exchange, industrials fell to an average around 39.5 with a 1.01 drop. brokers doubt deeper declines, expecting support to halt forced selling. American Laundry led declines. P and G and Kroger drove heavy selling while utilities stayed in demand and Cincinnati Street Railway, Kodel, and Gibson Arts posted gains.

Cincinnati Stock Exchange Nnse Teetewee Amrad Corporation Balwin Piano Seraeneee Carey Philip Sapo Netaene Central Trust Champion Ween Churngold Corporation Cincinnati Eeeenees Seneeernen Aeneenwene Cincinnati Gas and Electric Ateedannes Seneenewee Waneenery CN N.O Besskseelms Cincinnati Street Railway Bell Tel Cincinnati Union Stockyards Cssseees Seeweeenee City Ice and Coca-Cola Cohen Col Railway Power and Light Ist Aone Ates Deena Sane Cooper Corporation Seteeee Rrvers Crosley Radio Corporation Wee Aanerees Ie Crown Seeeeenne Kahn’s Sons Part A Kelley-Koett Eenreeteeesteseee Rens Sebenesees Kroger Groc Lazarus Seeereseeneerreee Lunkenheimer Seeeeeners Charseseets Pebiese Riate Steeeeneee Manischewitz Ohio Easenewnee Asl Iadenkonns Tds Bacgaly Caste Psesstanes Amo Paragon Refining Eeeeeteee Reneeag Weneeeenes Aeebenenee Eenweeeens Seeanereneeae Pearl Market Bank Er Oteoares Suhti Tenes Eeseneeens Vanvesen Sane Enwer Ee Richardson Paper Co Sayers & Scoville Aon Anneteaeeerensen Eweeaten Lene United States Aco Western Bank & Trust Co Henneene Reneeeeweees Faterees E Weeekene New York American Laundry Kroger U Utilities Kodel Gibson Arts

Turpentine and Rosin Market Report Savannah June 18

Turpentine firm 40,a41 shows sales 722 receipts 1,067 shipments 570 stock 10,277. Rosin firm 2,806 sales 3,179 receipts 610 shipments stock 101,410. Price quotes list bid ranges from B to X with varying figures.

Turpentine and Rosin Savannah Turpentine Firm Rosin

Cincinnati Averages Shows Stock Decline At New Low

Twenty representative stocks quoted with high, low, and close figures. The day records a net decline of 1.01 with a new low for 1930. Data compiled by Weistheimer and Co. Averages noted as 39.018 on a line of figures.

Weistheimer & Co

Shift of Funds in Day's Trade Shows Large Movement

Banks remained busy as December mid month dividends and interest adjustments boosted bank clearings and local brokers readjusted accounts in New York. Money supply remained ample with rates at 5 to 6 percent and some lenders calling loans amid collateral revaluations. West Coast stocks fell with nine new yearly lows, Transamerica and Bank of California leading declines.

L. A. Parrish Stock Exchange New York Austria Belgium Bulgaria Canada China Hongkong Czecho ATI Esksdalvitesidecbpetsses Fico Pseceecessen Cers CROCE Poland Zloty Seoneeneten Rumania Sciasi di Switzerland TIB EV Argentina Brazil Uruguay Venezuela West Coast San Francisco Transamerica Bank of California Standard of California Union Associates

STANDARD OIL STOCKS AND MONEY RATES REPORT

New York June 18 call money steady at 2 1 4 to 2 3 4 percent for day loans time loans firm with 30 days 2 1 4 to 2 1 2 percent 60 days 2 to 3 percent 90 days 8 1 2 percent four months 8 1 4 to 9 1 4 percent five months 3 1 4 to 8 1 2 percent sixth months 3 7 8 percent prime commercial paper 1 8 1 4 percent bankers acceptances unchanged.

New York Dow-Jones

Also Mentioned on This Page

NEW York Stock Exchange Pillsbury al Pitts Pitts Screw & Bo.t Pitts Steel Pittston. CO Poor & CO Sterrsserveese Port Am T Prairie Oil & G Pub Ser NJ Vows Bay Pullman Punta al Radio Corp Teeveee Radio Keith-O Io Raybestos-Man Reading Co Hake Reis & Co Ing Rand Reynolds Metal Russia Royal Dutch S Safeway Stores Joseph Lead Naeeenes L San Fran Encesee St UL South Savage Arms Schulte Retail Seaboard A Seagrave Weenes Sears Roebue Second Nat Inc Seneca Eeeeee Servel Inc Sharon St Heeteeees Sharpe & Dohme Reaeeeereeneenees Shattuck Shell Union Feeeteeseees South Dai Southern Pac Southern Rail Spalding Spencer Kell Spicer Mfg Haneeneennenes Spiegel May Stern G & el Stensecees Stewart Warner Stone & Web Studebakerates O Sunil Tex Pac C & O Do Land Trust Thompson Thompson (Jr Transue & Willseeeee Tri-Cont Corp Truax Tracr Twin City RT Underwood Elliott Union Bag Ptenes Union Carbide Union Oil Car Union Pacific United Biscuit United Carbon United Corpane Eeneaewenee United Fruit United G & S United Paperboard U S Freight U S Pipe & Fay U S Real & Im U S Rubber Oe U S Smelt & R U S Steel United St A Vick Chemical Va el & P Dae Wabash Ry Walworth Eeene Warner Piet Cses Warren. Bros Fd & P. Teseee Webster Federal Board The Procter and Gamble Irwin-Ballmann Co Isaac H. Schwartz Local Stock Exchange Pacific Westingh Air Seit West el & Mfg Pee Weston el. Ins Wernt Westvaco Chl Wextark Radio White Motor Worth P & M Wrigley Jr Seneeeeneetnes Yale & Towne Young Sh & Tu Standard Oil Stocks W. E. Hutton & Co High Atlantic Refining Humble Oil National Transit Prairie Pipe Cal Ind Kan N. J NEW York Bank Ask Ch’ge Amnctcir Bankers Feepe Newness Empire Western Bank and Trust Co Member Federal Reserve System
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