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Cincinnati Commercial Tribune in Cincinnati, Ohio

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This newspaper page contains 26 articles. Subscribers can read the full text of each article.

Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jun 22, 1917

Page

6

Higher money rate hurts stock sales and investments

Markets showed minor gains Thursday but no decisive movement. Bond men and brokers say high money rates deter trading as many seek 6 percent on call, keeping investors out of industrial and municipal bonds. Deposits rose while banks prepare for large July payments, with Liberty Loan duties due in a week and bonds largely unchanged beyond a few prewar government issues improving slightly.

New York Exchange London Stock Exchange New York Corcoran-Victor Common Globe-Wernicke Common National Acme Paragon Refining Common United States Printing and Lithograph Cincinnati Gas and Electric Columbia Gas and Electric Cincinnati Ohio Citiogs Gas Ohio State Telephone Common

Pure Oil and Ohio Cities Gas deal deposits made

Reports from Pittsburg state eight percent common stock for Pure Oil Company was deposited with Columbia National Bank as final act of the agreement with Ohio Cities Gas Company. Thursday marked the last day of the ac quisit.

Pittsburg Pure Oil Company Ohio Cities Gas Company Columbia National Bank

Cities Service Board Recommends Stock Reorganization

A New York telegram says Cities Service Co directors favorabolishing the $100 par common stock and issuing ten shares per existing share, creating stock without par. The plan includes listing both common and preferred on the New York Stock Exchange and a $250,000 special Red Cross dividend.

W. H. Chatfield & Co Channer & Sawyer H. IL. Doherty & Co New York Cities Service Company New York Stock Comiseny Red Cross

Bank of Commerce and Savings in Chicago hit by resignations

Cincinnati bankers report turmoil at the Bank of Commerce and Savings in Chicago as five directors and the cashier resign after clearing-house pews withdraw. The State Auditor is conducting an examination of the bank.

Cincinnati Bank of Commerce and Savings Chicago Int

Beazell Re-elected President of Local Traction Company

The Columbus New Albany and Johnstown Traction Company board met at Provident Savings Bank and Trust offices. H M Beazell was re-elected president Julius Reif continues as secretary and treasurer and J P Stephens remains general manager.

Columbus, New Albany & Johnstown Traction Company Columbus Provident Savings Bank and Trust Company H. M. Beazell Julius Reif

W. E. Hutton Returns From Washington Visit

WV. E. Hutton of W. E. Hutton & Co. returned Thursday from Washington D C. where he spent two days of the week.

WV. E. Hutton W. E. Hutton & Co Washington, D. C

J P Stephens Attends Cincinnati Board Meeting

J P Stephens general manager of the Columbus New Albany and Johnstown Traction Company was in Cincinnati on Thursday for a meeting with the company’s board of directors.

Columbus, New Albany & Johnstown Traction Company Cincinnati

Bank Clearings and Stock Exchange Activity Report

Bank clearings in Cincinnati for June 21 totaled 6 684 991 dollars, up from 6 421 662 the previous day and 6 657 276 the prior Thursday. New York exchange quotes showed a 10 cent discount. loans and accommodations ranged around 5 1 4 to 6 percent. Cincinnati Stock Exchange transactions included 75 shares sold with notes on First Call Cin'ti Gas and Electric and Ohio State Telephone among others. In Chicago, June 21 clearings reached 75 649 969 dollars with balances 4 695 598 dollars, New York discount at 10 cents, and commercial paper quoted 5 4 to 6 percent.

Cincinnati New York Exchange Cincinnati Stock Exchange Ti Gas and Electric Ohio Cities Gas Ohio State Telephone Chicago The Stock Exchange Miami & Germantown Newport & Dayton N. O. Traction Cess Barney &Smith Cincinnati G E. Ist Cincinnati Gas Transportation Piccomneueccs Agm Columbia G American Rolling Mill American Laundry Mach Amer Seed Mch Farney & Smith Ricass Do Cccsever- Brownell Ccce Casey-Hedges Champion Chas Boldt Glass Cincinnati Milling Machine Cincinnati Tobacco Warehouse Cincinnati Union Stockyards Corcoran-Victor Com Fay & Egan Age Fleischmann Gibson Art Globe Soap Globe-Wernicke Columbus Ry Do Guar Andrew Jergens Dee Gea Foulds Milling BIG NE Gruen Sons Watch Partic Joslin-Schmidt Kroger G. and B. Co Lawson Manischewitzy National Acme Owens’ Bottle Machine Paragon Refining Oas Procter & & Gamble Urlitzer OPOL Besksaes Can Co Pe & L Bell Tel Cincinnati Gas and Electric Ities Service PEN Png Reesei Eck Columbia Gas Indianapolis Telephone Eis Dior Iachekea Little Miami Gu Cincinnati Street Railway Bat N. O. Elec. Corp. Come Goa Ka Snc Cdaws Ohio Traction Leago Mabenna Seaees Ae Oma & C2 Ben Toledo T., St. and P. Com EPO Vicki Se Ccicee

Financial markets report from St Louis bank clearings

ST Louis report shows clearings of 19 929 147 with balances at 2 927 527. Time loans range 4 12 to 6 percent. Commercial rates 5 percent to 5 1/2 percent. Federal Reserve Bank traded New York exchange, bought at 12 cents and sold at 7 cents.

ST. Louis Federal Reserve Bank New York Exchange

Cotton Futures Steady After Early Liquidation Drop

New York June 2 Cotton market eased early with liquidation pushing October futures to 24.79 cents per pound. Later fluctuations brought October to around 25.1 cents and the list settled with a modest net loss. July rallied to 25.49 cents and spot middling remained near 25.70 cents as exports, port stocks, and freight news influenced sentiment.

New York United States Liverpool

Coffee futures ease on markets in New York trade

New York June 21 coffee futures opened lower by 2 to 5 points amid scattered liquidation and slight demand for later months. Small offerings absorbed at 7.88c for DeVeender with a rally to 7.89c on covering. closed 2 points lower net. Sales 47,000 bags. Closing bids list various months between 7.70c and 8.11c with Rio and Santos quotes noted. Brazilian port receipts totaled 9,000 bags Jundiahy 8,400 bags.

New York Devender Rios Santos London Jundiahy

Unclear OCR: Ohio City Data Gaps Reported

Fragmentary report from Columbus notes Cities Service data gaps and a press on Ohio city figures. The text is garbled but indicates a numeric gap around 127,792,128 and an 86 percent figure.

Columbus Ohio Cities

New York Bonds by W. E. Hutton & Co

Total sales reported as pend in New York bonds handled by W E Hutton & Co at First National Bank Building amounting to 1 988 000.

W. E. Hutton & Co First National Bank Cincinnati Memers New York Stock Exchange First National Bank Building

Irregular Chicago grain close despite crop progress

Chicago June 21 crop progress eased wheat prices while July options traders balanced trades. Wheat ranged from 1.25c lower to 2c up. July at 2.03 and September 1.78. Corn and oats advanced modestly. provisions stayed strong on packer demand amid labor price concerns and a high outlook for 1917 winter wheat yield.

Chicago Congress Washington New Jersey Seaboard Kansas Packin x Ieee Ess Eeees PR Everts Awe

Grain and Provisions Market Roundup

Multiple city grain notes report June 21 prices for wheat corn rye oats barley and seeds in Toledo Kansas City St Louis Minneapolis New York Milwaukee and Duluth with cash and future quotes including No 2 hard red No 2 yellow and various July September and December contracts. Names of cities and commodity grades are prominent.

Toledo Alsike Timothy Kansas City ST. Louis Minneapolis New York C. Fi. F Middle West Milwaukee Duluth Baltimore Philadelphia New Orleans Cincinnati Newport News Chamber of Commerce

Market Report Milk Eggs and Poultry Prices Across States

New York reports steady butter and egg prices with large receipts on June 21. Creamery and state hens show varied but steady quotes. Kansas City and Chicago list similar movements with butter steady and eggs higher, noting sizable receipts and mixed quality grades.

New York Pennsylvania Kansas City Chicago

New York Stocks Edge Higher Amid Mixed Market Signals

June 21 New York trading saw uneven gains across motors, shippings, and metals as government contract prospects and war tax news influence sentiment. Call money eased from 6 to 4 percent, with bonds mixed and Liberty bonds at par in limited quantities amid 580000 shares traded.

New York Washington Bank of England People’s Gas Ohio Gas United States Panama

Treasury shows 76 million surplus for fiscal year

The United States Treasury closed with a net general fund balance of 356,046,456 dollars. Receipts totaled 10,870,210 dollars and payments 5,406,462 dollars. The year ends with a surplus of 76,048,069 dollars, improving from a 29,331,258 dollar deficit last year excluding Panama Canal and public debt transactions.

Washington United States Treasury

Cattle and Hogs Slump as Markets Open in Cincinnati

In Cincinnati on June 21 1917 cash markets show very slow demand. Cattle and calves under pressure with dull activity while good fed cattle hold steadier prices. Hogs weaken after opens, with heavy demand carried over and varying quotes across sizes and weights.

Sugar Market Steady as Local Demand Rises

New York reports firm local sugar market with Cubas at 5.96 cents per pound shipping cost and freight. About 150 000 bags traded to local refiners in recent days with futures quiet yet firm, June to March contracts closing near 5.0 to 5.18 cents.

New York Cubas

Chicago stock list reads diverse industrial names and figures

A condensed Chicago market update lists companies including American Shipbuilding, Lindsay Light, Presto-Lite, Sears Roebuck, Union Carbide, United Paper Board and others with percentages and numbers such as 3, 76, 2, 141, 16, 71, 1.1, 197 and 23. The item reflects a miscellaneous price or index snapshot from the period.

Chicago American Shipbuilding Chicaso Diamond Match Lindsay Light Presto-Lite Sears-Rooebuck Stewart-Warner Swift & Co Union Carbide United Paper Board

Unusual Spring Broilers and Market Shifts in Cincinnati

Cincinnati markets report unusual demand for light spring broilers and ducks, strong summer resort buying, and price drops on potatoes and peaches. Wheat corn oats hay and flour show mixed movements with firm hay demand, while overall provisions reduce 50 cents and lard rises.

Cincinnati HMAY Rye City

Forty New Americans Gained With German Rejections at Court

Forty alien applications were approved at the session, including many from Germany, Hungary, Russia, Ireland, England, Austria, Roumania and Italy. Teacher Johannes Becker of Maplewood avenue was denied citizenship after evasive war sentiments, while Reuben Sway, a Russian applicant, was also rejected.

United States Court Germany Johannes Walther Becker Maplewood Avenue Hollister United States Reuben Sway Race Street

Local court actions and incidents reported in detail

Lola Howard of 504 Smith Street was fined 200 dollars and costs by Judge Spiegel on bootlegging charges. George Batter of 4100 Hillside Avenue was arrested on a grand larceny warrant by Detectives Hill and Potts over an alleged June 12 theft of a car from Hebauf’s Car Street home. Thomas J. Sullivan, 46, of 1432 Raca Street, is held on a disorderly conduct charge after a disturbance in a Fifth Street restaurant while claiming to be an agent. Police seek Barnard Dowd, 75, of Glendale, last seen Thursday morning toward Cincinnati. William Buddemeyer, 50, of 1422 Vine Street, injured in a Fifth and Smith saloon fight, is hospitalized with facial cuts. A fire blamed on an overheated cookstove damaged a mess car for 500 dollars. Speakers for an allied suffrage clubs outing at the Zoo include Hopkins, Dalton, E L Hitchens, William Littleford, Mrs. Eunz Ohnstein, Mrs. Dora C. Horiie, and Mrs. C. H. Adler. Laura Nixon, 64, Washburn School retirements requests due to ill health. Cincinnati Catholic Actors Guild branch forming via George F. Smithfield of the Devereux Players for charitable aims. A two story vacant Canal and Race building was damaged by fire to an undetermined amount. formerly City Ice Delivery Company officer and park house.

Lola Howard Smith Street Spiegel George Batter Hillside ‘Avenue Hill and Potts Aloysius Hebauf Carr Street Hebauf Batter Thomas J. Sullivan Raca Street First District Doll Sullivan Fifth Street Barnard Dowd Glendale Cincinnati William Buddemeyer Porter Vine Street General Hospital Fifth and Smith Streets Hopkins Dalton Streets William Littleford Eunz Ohnstein Akron C. H. Adler Glenn Trimble Ellied Zoo Laura Nixon Washburn School Catholic Actors’ Guild George F. Smithfield Devereux Players Canal and Race Streets City Ice Delivery Company

Man Confesses Forging Checks in Wake of Guilt

Austin Mattick 25 surrendered at the Second District after admitting to forging checks totaling 90 dollars drawn on his employer glazier Dave Neuer of 1510 Main Street. He said remorse kept him awake and drove him to walk near the station before turning himself in.

Dave Neuer Glazier Main Street Austin Mattick Third Avenue Second District Astin

Japanese Killed in Mexico Death Benefit Suggested

Secretary Baker recommended Congress appropriate 2 million dollars for the relatives of Tatuni Saito a Japanese man killed by three members of the Sixteenth Infantry during the Pershing expedition in Mexico The fatal encounter occurred during a dispute over liquor he was selling to American forces.

Washington Congress Tatuni Saito Sixteenth Infantry Mexico Pershing Baker Saito

Also Mentioned on This Page

Broadway New York Stock Exchange Chicago Board of Trade New York Cotton Exchange P. C Cinen Atchison Com American Tobacco Atlantic Coast Baltimore & Ohio Lrook Canadian Pacific Chesapeake & Ohio E . Il Chicago Great West Baldwin Laces Chicago & Northwest Pele Tee Res Butte-Superior Coun Ae Petroleum Cpa Ees Colorado Southern Janene Dejeeeeee Delaware & Hudson Chino Copper Denver Rio Grande Iiak Ofaresis Ben Easel Columbia Gas Ee Erie Ee Eee General Electric Crucible Steel Great Northern Illinois Central CCF Seeeie Interborough-Met Distillers Securities Kansas City Southern Vlan Beessen General Motors Goedrich C Lehigh Valley Great North Cre Ctis Louisville & Nashville Ms Oe Tome Inter. Harv. Wf Minn Internat Alias Ria M., al Fiioas Feisses Inter. Ae Marine St. P Ss. M. Cre Langhea New York’ Central F2x International Kelly Springfield Ae Kennecott Copper Folk & Western Lackawanna Steel Northern Pacific Maxwell Motors Seaboard Air Line Seselet Veelens Isatisaas St Louis Nevada Copper Ee Poul EG Lew Tee Law Ewes Owens Bottle Union Pacific Pittsburg Coal Cp Puwewalae Wabash Pullman Co Wisconsin Ray Consolidated Republic Steel Alaska Keeles Teehee Tetpefeesaess Ener Ahis-Chalmers Ee Sears- -Roebuck Studebaker Corporation Sluss-Sheffield Steel Soo Sinclair Oil Texas Amer. H Dols Ok Eye Sss Eeee Amer Ice Securities Big United States Steel Steel Valley Utah United Cigar Carolina Chemical Amer. Sugar Ref. Co Westinghouse ‘Electric Cauds Val Gercon Tis Western Union Eneeuetuaeseer Amer Do Pref. Tel Tel Willys-Overland Itn Houston Tex Kroner Stockholm Escoetes Ohio REW York Bonds Amer. Or Rys City of Paris St L FF. Pr Uv. K Sec. Corp. Bs Paccy So. Pac. Co DB Cevas Bs van Serene iSo Pac Ist Ubles Lack Steeles S. R. Gen Idvale Steel U. S. Steel S Mont West U. Cal Wilson & Co Chicago Grain Market Grain and Provisions Butte Butte Copper and Zinc Ania Canada Copper Consolidated Arizona Consolidated Copper Mines Seeenee Canada Car Seer Florence Eater Ollinger Howe International Petroleum Eenee International Motors Jerome Verde Kerr Lake Mines America Marconi Een Mason Valley McKinley-Darling Tonopah Mizpah Extension Manhattan Transit Midwest Midwest Refining Nevada Hills North Star Ee Triangle United States Light Aetna Ee Pere Big Jim Wayland Standard Oil Alfred Hill & Co Bid Ask Anglo-Americah Atlantic Refining Cusack Hkorne-Scrymser Sween Ees Buckeye Fipe Cresborough Eureka Illinois Indiana National Transit Sethe Ceta TSS Ohio Oil Eee Pierce Oil Corporation Tee Prairie Oil Ani Gas Ee Ale Ee Rede South Fenn California Kentucky S. O Nebraska Peter Tetas Swan & Finch Tinton Tank International Petroleum Ee Penn Colonial Oil Wee Ereiatien Tilewater Treasury Statement San Caresses Oh Cleveland East Buffalo Rilo Sale Es Veriac Ceccinenen Éiceebe Suatemala Japan Virginia Snc. V. M Daisies Cheddars Wisconsin Daisies Wisconsin Twins Schweitzer Schweitzer Broeck Limburger Kane Spitzenberg Spitzenberg Newtown Ben Davis Tennessee Florida Lfmons Valencia St. Michaels Mediterne Porto Rico Mississippi Alabama Artich Jries Norfolk Louisiana LGG Texas Boilers Eastern Cobblers Bernhard “Mueller Joseph Schultz Gustave Walter Keitling Louisa Golder Otto Wiennecke Gustave Deunness Adam Vogeler Peter Fischer Henry John Stoffeis John Trantner Max Bloch Clem Luken H. F. Luken Carl Friedrich Fanny Frank Hungary Frank Haas Paul Tuch Joseph Mayer Ludwig Reichert Ignatz Kohn Joseph Fernbacker Michael Binder Frank Novak Carl Feth Johan Nauert John Henry Heberling Michael Henzl Russia Abraham, Freilach Benjamin Beilin Michael Solderitz Joseph Local Securities Seteere Eee Saaswsetee Csedne Ca Owanss Ri Ieeceas Keisuvesas Tore Eee U. S. Ind. Alcohol Central Leather Delaware & Hudson Erie Railway Pennsylvania R. R. American Locomotive American Tobacco Rice Oil Co George Graham Rice William St New York City Vene Ge Southern Ohio Savings Bank Main ST Paris Baldwin Piano CO W.4th St American Telephone & Telegraph Co G. D. Milne
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