Speculative Tide Lifts Stocks Across Markets
Speculators gain control of New York trading with broad buying. Oil shares rise on Sinclair Teapot Dome victory while sugar and copper issues lead a general market upturn. large volume turnover with over 1.5 million shares traded and gains in Northwestern rails and unions.
MENTIONED IN THIS ARTICLE
Advance
New York
Sinclair
Teapot Dome
Coolidge
Great Western
Northwestern Rails
Chicago Great Western
Chicago & Northwestern
Union Pacific
White Motors
Maxwell Motors
Pierce-Arrow
American Safety Razor
Dupont
Famous Players
May Stores
Montana Power
Postum Cereal
United States Cast Iron
Yellow Cab
Nash Motors
Cincinnati
American Laundry Common
Charngold
Cooper
Eagle-Picher Common
Dalton Adding Machine
Paragon Refining Common
Cincinnati Gas Transportation
Kroger Grocery
Cincinnati Street Railway
Ohio Faction Preferred
C., N. & C. Common
Ohio Bell Telephone
Havana
London
Russia
Czernowiz
Canadian Exchange
Sterling
Humble
Imperial of Canada
Ohio
Prairie Oil and Gas
Red Bank
Vacuum and
Reiter-Foster
Liberty
Treasury
Consolidated
Skelly
Pan- American
Closing stock list from the New York Exchange
The Associated Press reports the complete closing list of NYSE trades for June 18. Total sales totaled 1,407,900 shares, down from yesterday, with year-to-date and yearly figures included along with major indices and a long list of listed stocks and prices.
MENTIONED IN THIS ARTICLE
THE
Associated Press
New York
New York Stock Exchange
Bond Market Summary From New York Exchange Prices
AP reports New York bond prices and total sales for the day totaling 11 378 000 dollars. Rails utilities and industrial averages are listed with previous day and month figures. Foreign and U S bonds appear with sales and closing prices across many issues and companies.
MENTIONED IN THIS ARTICLE
Associated Press
New York
New York Stock Exchange
Ex-dividend Stocks List for Cincinnati Exchange
Listings show stocks ex-dividend for payment July 1 with various preferred and common issues. Notable payables include Campbell's Creek Coal, Carey, Champion Coated Paper, Champion Fibre, Dalton Addinga chine, Dow Drug, Early & Daniel, French Bros.-Bauer, Gibson Art, Goodyear Tire, field-Reliance, Putman Candy, United States Playing Card, United States Printing and Lithograph, Wurlitzer, Cincinnati & Suburban Telephone, Ohio Bell, and Cincinnati & Hamilton Traction. Goodyear Tire preferred payable August 15. all others payable July 1.
MENTIONED IN THIS ARTICLE
Cincinnati Stock
Campbell's Creek Coal
Carey
Champion
Champion Fibre
Dalton
Dow Drug
Early & Daniel
French Bros.-Bauer
Gibson Art
Goodyear Tire
atfield-Reliance
Putman Candy
United States
United States Printing and Lithograph
Wurlitzer
Cincinnati and Suburban Telephone
Ohio Bell Telephone
Cincinnati & Hamilton Traction Common
Auction sale of 40 shares at Cincinnati Stock Exchange
An auction counted 40 shares of Stockyards stock selling at noon yesterday on the floor of the Cincinnati Stock Exchange, with the shares bringing 253 percent.
MENTIONED IN THIS ARTICLE
Cincinnati Stock Exchange
Ohio Athe Company Advances on Debts Despite Leather Slump
Directors authorize payment of 200000 on 6 percent notes, reducing outstanding debt to 1200000. Despite a depressed leather industry, business conditions are reported favorable. First half 1925 earnings are expected to meet dividend requirements on the first and second preferred stock.
MENTIONED IN THIS ARTICLE
Ohio Athe
Cincinnati Gas Transportation Company stock rights offered
Cincinnati Stock Exchange reports stockholders may subscribe at 100 par for 37 shares per 100 held. Subscriptions due by June 30 with rights expiring at 3 p.m. Warrants issued for fractional and full shares. Fractional shares not accepted for transfer. Provident Savings Bank and Trust Company serves as transfer agent.
MENTIONED IN THIS ARTICLE
Cincinnati Stock Exchange
Cincinnati Gas Transportation Company
Eacey
Provident Savings Bank and Trust Company
Burns Brothers President Resigns Over Board Shakeup
Frank Burns resigns after twenty two years with Burns Brothers coal dealers and cuts ties with the firm. He cites lack of sympathy with the new directors led by S M Schatzkin and Saunders Werthheim and says he refused the presidency offered to him again.
MENTIONED IN THIS ARTICLE
Frank Burns
Burns Brothers
S. M. Schatzkin
Saunders Werthheim
Burns
Ilin City Nears 15 Million American Loan
Negotiations advance on a 15 million dollar American loan for the city of Ilin announced by Speyer and Co leading the underwriting syndicate. The offering is expected next week. Berlin loan flotation would be the first German financed in New York since Hindenburg's rise to the presidency. Preliminary talks also cover loans to the German Rural Credit Associations and others.
MENTIONED IN THIS ARTICLE
Ilin
Speyer & Co
Berlin
New York
Field Marshal von Hindenburg
German Republic
Morgan Bank Exercises Part of Share Option
The New York banking house of J. P. Morgan paid 235000 additional shares of arl and oil at 40 dollars a share under an option. The original option covered 335000 shares with 100000 taken earlier this year and extended to August 10. About one third of the remainder has now been taken. Mar land stock closed at 452 a share ex dividend 75 cents.
MENTIONED IN THIS ARTICLE
New York
J. P. Morgan
Stock Exchange
Marland
Virginia Carolina Chemical plans reorganization and debt relief
With operations of the Virginia Carolina Chemical pany now on a profitable basis a reorganization plan is expected within three to four weeks A court proceeding declaring the 7 per cent bonds due and payable is anticipated Proceeds from the sale of the Southern Cotton Oil Company and German interests may reduce the $24 000 000 first mortgage bonds to under $15 000 000 lowering face value to $600 per bond The company is said to have earned net 3 000 000 in the year ended May 31.
MENTIONED IN THIS ARTICLE
Virginia-Carolina Chemical Pany
Southern Cotton Oil Company
Germany
Stockholders approve larger capital for International Cement
The International Cement Corporation increases authorized common stock from 400 000 to 600 000 shares and preferred from 50 000 to 150 000. Additional 67 500 preferred shares may be issued if the Indiana Portland Cement properties purchase closes by July 1. 100 000 common shares will be offered to holders of record June 23 at 50 dollars per share, one new for four held.
MENTIONED IN THIS ARTICLE
Fifth-Third Union
Cincinnati Postal Terminal
Formica Insulation
Gibson Art Common
Procter Gamble
Hoov Owens
Rentschler 3
Ee Company
Uleesé
Hooven
Rentschler
International Cement Corporation
Indiana Portland Cement
Business Outlook from Crucible Steel Chairmen Son
Chairman Wilkin, son of the Crucible Steel Company of America, forecasts improvement in general business in the near future with no recession. The company operates at 70 percent capacity as monthly demand remains steady. orders filled one month are replaced by others, keeping total unfilled orders steady.
MENTIONED IN THIS ARTICLE
Wilkinson
Crucible Steel Company of America
Merger Approval Sparks Northside Gas Giants Action
The Imacione Gas agency yesterday gave formal approval to the merger with United Gas Improvement Company. Stockholders of United Gas will vote on the proposal at a special meeting next Friday.
MENTIONED IN THIS ARTICLE
Imacione Gas Genany
United Gas Improvement Company
Nited Gas
Humble orders large oil tanks from Chicago Bridge and Iron
Humble Oil Refining Company and Chicago Bridge and Iron Works have placed an order for fifteen 80 000 barrel tanks or about 3500 tons of steel to be erected at Baytown Texas news item notes the industrial scale project and the collaboration between the two corporations with Baytown as the construction site.
MENTIONED IN THIS ARTICLE
Humble Oil Refining Company
Chicago Bridge and Iron Works
Baytown
Tex
Business failures report shows weekly rise to 925
R G Dun and Co reports 45 more business failures this week bringing total to 925. Fewer defaults occur in the East and South compared with 1924, but increases in the West and Pacific Coast offset the decline.
MENTIONED IN THIS ARTICLE
R. G. Dun & Co
United States
Pacific Coast
Columbus Stocks
Cities Service common new 38% a391ec Cities Service preferred 82 a8244 Pure Oil 30%
MENTIONED IN THIS ARTICLE
Columbus
Cities Service
Local Securities Bonds Bid On Cincinnati Gas and Electric
Local securities page lists bids for various bonds and preferred stocks including Cin. Gas & Elec Ist m 66 100, Am. Rolling Mill 55, Formica Insulation 21, Baldwin com. 200-ene, Fleischmann pref 112, Excelsior Shoe prior pref, Dragon Drug pref, and Do pref with mixed quotes and percentages. Market activity focuses on bid prices and yield indicators across multiple industrials and utilities.
MENTIONED IN THIS ARTICLE
Cin. Gas & Elec
Rollin Il
Erican Rolling Mill
Diane
Prs
Baldwin
Eagle
Ertys Daniel
Excelsior
Fleischmann
Sialon Ae Ilies
Esata
Foreign exchange rates and listed securities update
New York World News Service reports daily foreign exchange quotes with Europe and Far East rates. The list includes London, Italy, France, Belgium, Switzerland, Holland, Germany, and more, plus spot and cable figures for Argentina, Brazil, Mexico, Canada, and various U.S. securities and bond names.
MENTIONED IN THIS ARTICLE
New York World News Service
New York
London
Seeenre
Italy
France
Switzerland
Holland
Germany
Austria
Greece
Sweden
Norway
Denmark
Spain
Portugal
Hungary
Czecho-Slovakia
Poland
Finland
Rumania
Jugo-Slavia
Busaria
Japan
Hongkong
Shanghai
Argentina
Brazil
Usaguar-Demaed
Chile
Ohio incorporations and grain market report
Ohio incorporations list Cleveland firms with capital amounts including Grand River Development and Rihanes Company and Anita Ad Company among others. Chicago Grain notes strong wheat prices on January 19 led by four to one odds of black rust damage. corn and oats show mixed moves with detailed price quotations.
MENTIONED IN THIS ARTICLE
Ohio
Columbus
Grand River Development and Rihanes Company
Cleveland
A. E.‘ Gordon
D. E. Connery
M. Danzinger
Marie M. Vargs
Anita 'Ad Company
H. H. German
Fatica
R. E. Stewart
H. W
John F. W Wilson
Vile ‘Aslo Ty Company
Lener Harris
Seabig
Ane
Kingel Iy Companyr
Saks
Mildred DaPoshet
J. Earl Cox
Wisser
Greland
E. Scott Caniel Dietrich
V. Hendershot
Bees
J. B
Mark A
Ray A
P. H. Bas Otie
Chicago
North Dakota
le Bog Sereree
One Jae
Timothy
Saad
Minneapolis Flour Market Report Signals Steady Shipments
Minneapolis flour shipments reach 46,692 barrels with no price change noted. Bran quality in focus with No 1 Northern at 68 percent, daily figures show mixed descriptions for corn and other cereals, reflecting typical mid June market activity.
MENTIONED IN THIS ARTICLE
Minneapolis
Minn
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L. A .Parrish
NEW York Exchange
Ee Steck
Abitibi Pew
Adams Express
Chem, & Dye
Iovckniuba
Ceceecee
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Power
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Sumatra
BOOTS
MOORE
Armour & Co
del. Pr
Ill
T. & Santa Fe
Atlantic Coast Line
TOE GW
Atlantic Res
Oak
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Baldwin Locomotive
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Banger & Aroostock
Accomnillions Bayuk Cigara
Brooklyn Union Gas
Butte Copper & Zinc
Butte & Sup
Cop
Seidicceiemestecenmnen Pieemonens Cal. Petroleum
Eteneed
Callahan Zinc Lead
Calumet & Arizona
Calumet & Hecla
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Cccsen
Sida
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Northwestern
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Cele. & So
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Savnasecinpiden
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DuPont de Nemours
Isaalbias Duquesne Lt. Ist
Vicsere Eastman Kodak
Nsprr Ciicheeneschtenansceivavvboosi
el. Power & Lt
Agy
Iciccidteticentne Boad
Endicott-Johnson
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Aise A
Luis
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Asia
Itiicectaiscendeu
Dais Mallinson
Es Nees Manhattan Railway
Maracaibo
Ieineuined Eo Internat
RS Mideusesececiene Int. Cement
Marine Pref
Ekel Fludium Steel
ACE
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Harvester Co
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I Public Ser
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Dot. CT
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Icccccenus de
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Chicago Grain