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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 23, 1925
Page
10
Trading shows subdued buying amid weak export demand for wheat and tentative rust concerns in the Northwest. July futures slide to 20 lower, September to 14 8c. cash No. 2 red at 1.83, oats and other grains ease, timothy hay markets rise on scarcity with brisk local demand. Procter & Gamble declares 5 percent cash and 4 percent stock dividends.
Full June 22 1925 update lists total stock sales 283200 shares and bonds 1200000 at the New York Curb Exchange. Market notes cover fruits vegetables and dairy with prices for peppers peaches onions lettuce tomatoes and more across states including Florida Georgia Texas Alabama and Tennessee. Local reports from Cincinnati show trading activity and prices across stocks bonds and commodities with specific company transactions and government bond quotes.
The Procter & Gamble Company declares a quarterly dividend of two percent and a nine percent stock dividend on the company’s shares. Cash dividend payable on and after July 1925 to stockholders of record at the close of business June 25. Transfer books do not close. Ryan.
The piece reports a 28 percent first quarter gasoline sales rise, Stan dard Oil President Walter Teagle touring California fields, and a record in petroleum consumption. It notes a 25 cent semi annual dividend for Happiness Candy Stores, and a New York firm offering foreign government bond trust certificates at 6.6 percent yield. It covers Burns Bros resignations, board changes, and unfilled president vacancy, with new officers Werthheim and Schatzkin named.
The Pierce Butler and Pierce Manufacturing Company declares an additional 1 percent dividend on common stock alongside the regular 1 percent quarterly payout. Both dividends are payable July 15 to holders of record on July 5.
Yesterday the railroad firm offered an additional issue of 6 percent gold bonds Series A due 1955, totaling 2,950,000 dollars, issued by the Chicago North Shore and Milwaukee Railroad Company. The bonds were priced at 99 and accrued interest, aiming to yield above 6 percent.
The New York World News Service lists daily foreign exchange figures with European rates including Sterling at 485 and 486 cables, France at 4.67, Germany 23.80, Sweden 26.73, Norway 17.08, Denmark 19.23, Spain 14.56, Portugal 5.05, and Holland 40.08 to 40.10, plus Far East rates for Japan 40.50 and Hongkong 56, along with Canadian and Latin American quotations and Havana checks near 99.98.
New York June 22 Seventy years after Milo M Belding started with 25 dollars the firm Belding Bros Co grew to a silk thread giant. Edward B Smith Co and Bankers Trust announce control sale for over 10 million with a public stock offering of 17 million bonds and shares to be divested, while Belding heirs stay minority holders and plan retirement and diversification.
Receipts and shipments from the past twenty four hours show cattle at 1426 head with 95 holdovers and 160 direct. hogs 3873 fresh with 914 held. sheep 1507 with 125 directs. Prices rise for high quality cattle with top cows and calves near record highs while hogs show steady to stronger demand and lighter weights premium packed. Outside markets edge higher with Chicago and Kansas City reporting mixed gains across steers hogs and lambs.
Two Dixon boys James 10 and Robert 8 arrived from Florence South Carolina sobbing for their father Walter and their mother and aunt. Miss Lillian Wratten of Travelers Aid found them crying at Central Union Station and moved them to the Children’s Home at 312 West Ninth Street. They claimed their aunt was Mrs T J Pierce of Florence and their mother lived at 242 West Twentieth Street Norfolk Virginia. Walter Dixon’s telegram funded their fares and listed 529 Walnut Street in the Strand Theater Building as his address, but no one there recognized him. Officials of the home are trying to contact the aunt and mother.
Keron Circuit Court upheld a motion to compel the plaintiffs to specify if their petition refers to one or all three ordinances about a new pump rates and contract for work. The suit seeks a voter referendum at the upcoming election. Newport notes report multiple local court actions and incidents, including fines, arrests, a political race, a church school ceremony, a will filing, a fire loss, and city officials in Kentucky and Ohio.
Morgan Jennings of Hazard Kentucky waived examination in Police Court on charges including shooting with intent to kill and carrying concealed weapons after a street battle with Newport officers at Sixth and Patterson. He was held to the grand jury under a $500 bond by Judge Moore following his arrest near Central Avenue after firing toward officers who sought cover behind poles.
Three men arrested by Norwood detectives Kiley and Steffen were held to the grand jury by Mayor Nolte after entering guilty pleas to housebreaking charges. Bonds were set at $2000 each. Defendants were Lonnie Towles 35 of 1174 Coppin Street Albert Bauman 35 of 1255 Plum Street and John Shambaugh 21 of the Columbia Hotel.
Mt Logan Power Company Chillicothe 1000 by Milton J Scott Charles Jack A W Renick Walter Brewer Hector McVicker Richman Neville Company Sidney 65000 by Michael Richman Charles G Neville A R Friedman E J Griffis E Custenborder American Pelinite Company Fostoria 10000 by Henry Walton Campbell R J and E J Carter C D Pifer Frank A Boyle Memphis Hylands Company Cleveland 500 by Thomas F Garvey Anna D Day aia Keevan Thomas J Manamon J oO Chicago Wall Paper Manufacturing Company Steubenville 250000 by Od W and M F Hennings F W and A T Gallup Alletee Wheel Corporation Cleveland 500 by Je Gillmore Harold Erno Smith F M Bloede Hadley F and G B Freeman Fraser Sales Corporation Cleveland 10000 by John Amberge W C Newton J B McCurdy George Kiener W S Crater New eupert Chestanatt 1000 by Charles M Leslie Charles W Peck John W Devanney ae A Rendigs Nell Dods Cincinnati Bureau of Municipal Research incorporated Cincinnati 500 by John Omwake Alfred Bettman Emma Neave Phil E Ziegler Frank H Nelson Brown-Brockmeyer Company Dayton 50000 by A and Harriet B Brown Edgar W Brockmeyer A J Kauz Adler and Childs Inc Dayton 200000 by M L Raymond C Chester C Adler M Childs James E Powers University Clothes Shop Inc Akron 20000 by Herbert W Mason Paul Chaffer Katie M Raybould Mollie Atle son Margarete Weiler
Cattle receipts at 700. steers $7 to $11, beef cows $6.50 to $7.50, heifers $6 to $10.75. Calves receipts 500 with active demand. veals $7.210.50. Sheep receipts 200. sheep $3 to $6, lambs $10 to $15. Hogs and heavies steady. pigs $11 to $13.50. top $13.65. Continuous price shifts noted with overall steady trend.
Police investigate a $900 theft from a safe in the office on Ninth Street and Linden Avenue. Entry was gained by forcing a side window, with the yeggs using a stolen combination or an unlocked safe. Detectives question a potential lookout seen near the building Sunday night.
After forty minutes of deliberation a jury awarded Mathew L. Hommes of 20 Twenty first street 1350 dollars in a suit for 5000 against the Cincinnati Newport and Caw an Street Railway Co for an accident May 25 when alighting from a street car. He sprained an ankle fractured arch and was prevented from working due to a hole in the cinder landing by the car company. A divorce suit on abandonment grounds was filed by John Steinman of Ft Thomas against Mayme Steinman. The Bank of Dayton Citizens Bank and Trust Newport Enterprise Building and Loan Association and Ft Thomas Bank are co defendants in a note case. A restraining order stopped the defendant from withdrawing funds or selling a car. The marriage occurred February 14 1914 in Newport. Judge Caldwell awarded judgment to Earl Anderson of 623 York street against Edward Schneider for 150 note plus interest.
J J Scott transfers a Dayton lot to Joseph Schwendenman for $6 000 in stamps. Charles Sherrer transfers a Newport lot to Thomas Finkelman for $8 000 in stamps.
Maurice Haley, 65, of 212 West Sixth Street Covington, a longtime police officer, died yesterday at St. Elizabeth Hospital after amputation of his left leg. He had battled diabetes for months and served over twenty years since his appointment by Mayor Beach. He is survived by his widow.
John S. Baird a switchman at 312 East Fifteenth street died yesterday at Speers Hospital after years with the Chesapeake & Ohio Railroad. Survived by son Enoch Baird and daughter Esther Smiley, he was a Jefferson Council Junior Order A A M member. Gus Tessendorf of Avondale Cincinnati was fined 25 dollars and costs for speeding by Judge Manson in the Police Court.
Harry W. Carter sues Aurelia Carter for divorce on abandonment. They wed May 4, 1923. Mary E. Jones seeks divorce from George W. Jones on cruelty and infidelity. They married October 13, 1922.
A compiled list presents individuals and their residence locations for marriage licenses. Names include H E Morrison Covington Anna Lee Rusk Cincinnati Richard J Bisoca Cincinnati Edna P Brock Cincinnati Joseph Goetz Covington Jacob Margolin Covington Mayme Ashcraft Milan Ind A Mueller Covington Edna Flantz Covington Ray Nelson Dora Hubbard Hamilton O Herman Schlarmean Covington Martha Kidwell Cincinnati John F Houston Covington Pauline Weimer Covington Jesse J Hallin Columbus Carrie M Erhard Columbus.
The 15 year old William G McCoy drowned after a log rolled in the Ohio River at Garrard avenue. He could not swim and sank despite efforts by the Coveington Fire Department life squad. Eddie Fisher survived. The body was recovered after about 30 minutes. An earlier drowning involved Miss Mary Ellis 20, at Decoursey Kentucky.
The coroner withholds the verdict in the death of 21 year old bricklayer George Beckman who was shot by Ralph Lohre at Lohre’s home after Beckman allegedly mistook it for a burglary. Beckman, described as a sleepwalker, faced speculation about liquor influence as the investigation proceeds. Lohre is charged with manslaughter and the case goes to Kenton County Court with a hearing set for Friday at 10 o’clock.
Northern Kentucky Good Roads Association prepares a parade from Covington to Falmouth to celebrate the Licking Valley branch of the Dixie Highway upon Madison pike completion on August 1. Harvey Myers leads a five member committee to arrange the event and reports at the next meeting.
The will of Mrs. Mary A. Bennett of 419 Western Avenue was probated yesterday with Robert Bennett named executor. The estate goes to sons Robert and William Bennett and grandson Lewis Rothhass. A second will for Mrs. Dollie M. Harcourt names daughter Dorothy Louis Harcourt as executrix.
Miss Anna Campbell, Physical Director in Covington Public Schools and head of the Y M C A Woman's Department, announces her Republican candidacy for County Clerk. Primary set for Saturday August 1, 1925.
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