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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 20, 1925

Page

9

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

R. G. Dun & Co United States Pacific Coast

Columbus Stocks

Cities Service common new 38% a391ec Cities Service preferred 82 a8244 Pure Oil 30%

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.

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.

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.

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.

Minneapolis Minn

Also Mentioned on This Page

L. A .Parrish NEW York Exchange Ee Steck Abitibi Pew Adams Express Chem, & Dye Iovckniuba Ceceecee Boseh Aiiennameianne Ciadeeee Am Chiele Rtzs Penniainieen Waa Arm Crigde Cciccrere Sicinet Iiciintdienani BUSS Diana Am Eee Fer Power Sithinsithiacdeisi Snes Ctd Sumatra BOOTS MOORE Armour & Co del. Pr Ill T. & Santa Fe Atlantic Coast Line TOE GW Atlantic Res Oak Neciageemuaieneadens Baldwin Locomotive Baltimore & Obie 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 Canadian Pacific Cccsen Sida Rsachat Chie Northwestern Vcceccneyes c Cccecs Rees Vecidtanensoonnel Colorado Fuel & Iron Cele. & So Columbia Gas & Elec Sonic UD Coingeleum-Nairn Fees Consolidated Cigar Ssecee Censel, Distributors Acgreresestvetonss Cs Tins Scicsemapnissenones Danne Woolen Mill Davison Chemical de Beers Cons Delaware & Hudson Lack & Western Detroit Edison Oeed Bree Sévuigrenis Cesve Pinsgecubeensenalh Dome Mines Savnasecinpiden Pibeenite Eee Douglas-Pectin DuPont de Nemours Isaalbias Duquesne Lt. Ist Vicsere Eastman Kodak Nsprr Ciicheeneschtenansceivavvboosi el. Power & Lt Agy Iciccidteticentne Boad Endicott-Johnson Bias Aep Pitch Fisher Body Fish Rubber Fleischmann Co Foundation Co Freeport Areeeneee Seeneeee Eereenee CIA Aise A Luis Maine Seelie Iibyeli Seel Foes Nceuseno Shetmias Oil & Gas Intertype Corp Jewell Teasone Bros Tea Inspiration Copper Asia Itiicectaiscendeu Dais Mallinson Es Nees Manhattan Railway Maracaibo Ieineuined Eo Internat RS Mideusesececiene Int. Cement Marine Pref Ekel Fludium Steel ACE Sinterterteviseossces Rts Inland Interboro. Rap Business Mach Int Harvester Co Louisville & Nashville H., Co Megma Escescessseees Manhattan Shirt Marlin Rockwell Mathieson Alkali Works Maxwell Motor Betfe Meinyre Pore Metropolitan Edison Se Mexican Seaboard Oil Miami Montgomery Ward Missouri Pacific Creeper Reese Murray Body Corp Nach Motors National Bigeuit National Closk Bai Iicndiseresnis Nat Enam Rys Nevada de RO Oe Es OU Ivcceieus New York Canners New York Railway N. Y. Steam Norfolke Sowenoem Norfolk & _ Western OTB ccs Woore Disci Northern Pacific Pacific Gas & Electric Isis Pacific Oil Packard Motor Paige Detroit Motor Pan-Am. Petroleum Panhandle Prod Parish & Bingham Stpé Te Cocas Counscichtsteiuiaiens Penick & Alk Esa Didae Diedias Port DE GE Iiccintvesinesce Starsness Pennsylvania R. A Penn Seaboard Steel People’s Gas Pere Marquette Ccccee Philadelphia Coe Ph BO Tod Tpmmcemneas Phillips Petroleum Cce Putco Attow Stinciniite Apipiibniestees Pierce Petroleum IE Sertie Eitt Nieciserciciessen Ae Ars Shigishuaya Nile Producers & Refiners I Public Ser Sawai Public Service N. J Einieasd Dot. CT RO Ree Renee Eet Punta Alegre Williams Steel Reynolds Spring St. L San Fran Ns Schulte Seaboard Air Line Shattuck, ‘ Co Cdc Pondeenence Twin City Rapid Transit Underwood Typewriter Republic Iron & Steel Reynolds Tobacco B Royal Icke N. x Joseph Lead Seagrave Corp Sears-Roebuck Shell Union Simms Petroleum Sinclair Con Es Southern Ry Studebaker Texas & Pacific Secccang Union Iclinion Prince Unil United Alloy Steel United Cigar Ee Smelting & Repinten & U Steel Corp Seles Selc Rescidaiaien Saas Wilson & Co Worthing’n Pump & Mach Wright Aeronautical Wrigley, Jr Yellow Cab Mfg Econ “ Univ. Pipe & Rad Poasisieeee Utah Copper Heeereeg Ene Enag Serene Nee Ward Baking Weber & Heilbronner Maryland Footer Western Union Tel Eeennee Boneee de Ist AG Caida Minetigheciad A. Jurwen Gtd City of Bordeaux Hd - Busnes Alves Goopenhagen Ie Icchcliss City of Greater Prague Rio de Janaee Czecho-Slovak Republic Department of Seine Dom Can Nota Ee Os Ly Aggepublic Joan General Electric Industrial Bank of Japan Belgium Kingdom of Denmark Kingdom of Hungary Kingdom of Netherlands Kingdom of Norway Kingdom of Sweden Parke Tess Daiee Paris-Orleans Republic of Bolivia Republic of Cuba Rio Grande Do Sul San Paulo S. F Bigs U. K U. S Amer. Agri. Chem Pao Carsecrer Crenne Recerties Nans Amer Faerie Amer Water Works & Bilec Ss Iiensihaiin Cali, Armour & Co Atlantic Refining Ak Ib Vicevesi Baltimore & Ohio Bell Tel Bethlehem Steel Con Brier Hill Steel Buffalo, Red. & Pitts Calif. Petroleum Carolina Clinchfield & Ohio Central of Western C. By Re Po Cnn Hk Ievassouivta Cicabonantieden Chicago Railways Ceecetnetia Veciioese Union Station Colorado & Southern Ist Commonwealth Power Consumers’ Power Denver Gas & el Ist Denver Grande Si Senwiel Pont de Nemours Duquesne Light Empire Gas & Fuel Erie Gen Florida West North Fonda, Johns & Glov Chic East Terre Haute & S. E. Inc Unionminal eeeeeRerree Wees Vane Norfolk & Weatern Cvt North American Edisons Illinois Bell Telephone Liggett Be Myers Kan Missouri Pacific Morris & Co Newa & Tel N. Y N. H Telephone Northern States Power Ist Oregon Short Line Public Service of N. Reading SOM St. la I. M Icccccenus de Cceccessceerest de Adj de Inc Cceneceenereeseevers Stone St. Paul & K. C St. Paul Union Capet Grand Trunk Ry Ae & Man Humble Oil & Refining Illinois Central Iy Illinois Steel Aici Sananahnsrrbeindibing A. Mae Epccunie Nighteete Ntral Imp New York Railways Ctfs Westchester Boston Bsbow Gaby Pere Marquette Rig Port. Ry Republic Iron & Steel Bis Len St. Louis Southwestern Cen Ninsaopseye Southern Reitway Gen. Dee Bot Steel S. F Utah Power & Va Chemica Va. Railway &Virginian Railway Western Electric Western Maryland Western Pacific Western Union Westinghouse Electric Ts Willys-Overland Nnceeereevenserenerrnsens Saeen Eseuet Eeeene Financial Notes Local Securities Paragon Refining Kroger Argniter Richardson Ee U.S Ccceesesesees Scodbiaaag Aea Eadevsis Whitaker Yasies Atlas National Tee Citizens National Sabia Ci En Rd Union Sav. Unite First National Central’ “Trust Linco Pri Iing Vctennesess Senge National Cccecoscose Ssiscinnati Ileaillaieasie Err Electric Incinnati Gas Transportation Denne de Pref Siller Rge E. McKenna F. G. Xine Gelb Neckwear Company Chicago Grain
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