U S Long Distance Telephone stock offers 6 percent now
An executive of the U S Long Distance Telephone Company touts 3 to 4 percent dividends, 6 percent return on at $50 price, growth from acquisitions in Ohio cities, and a potential 8 to 50 percent rise in value. The offer highlights monopolistic contracts, 800,000 subscribers, 24,000 miles of copper wire, and 425 towns served with a $75,000 annual income boost from recent purchases.
MENTIONED IN THIS ARTICLE
U. S.S
U. S
Ohio
Youngstown
Zanesvalle
Canton
East Liverpool
Findlay
Fostoria
Massillon
Lancaster
Cone Con
Brailey
United States
Telephone Common
Public Service Corporation
Losses of 1 to 3 Points Are Suffered By Leaders
The stock market closed at the day’s low after a broad decline led by speculative favorites. A brief rally to cover shorts faded as selling intensified following a government move against Standard Oil, with Baltimore & Ohio showing the only notable strength amid a week of irregular, downward pressure and rising bank liquidity expectations.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
Standard
Standard Oil Company
Department of Justice
Baltimore & Ohio
London
Wall Street Gossips and Transit Talks Hit Markets
Predictions for United States Steel earnings suggest records in the current quarter. Dividends on Pennsylvania railroad holdings boost income to cover Paris loan charges. Copper prices show dullness with slight declines. U S Steel denial noted by Gates. April shows 93 roads with a 6.40 percent net gain. second week of June 37 roads up 12.26 percent gross. Banks gain $1,592,000 in currency moves. Atchison expected large May net gain. New York Board of Estimate pushes Rapid Transit Commission for a continuous Bronx to Coney Island subway extension.
MENTIONED IN THIS ARTICLE
Board of Estimate of
New York
Rapid Transit Commission
Bronx
Manhattan
Brooklyn
Coney Island
Brokers on crop outlook and July money flow
Market observers report improving crop conditions with bids likely to rise gradually into July. July money should be ample, though a small rush may occur before month’s start. Analysts note uncertainty from Attorney General action against Standard Oil and bearish pressure from a powerful bear faction including Lawson and Gates.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
Standard Oil Company
Roberts, Hall & Criss
New York Bond Sales Report
Bond offerings by Button & Co and First National Bank show diverse listings across multiple issuers. Notable entries include municipal, railway, and realty securities with prices ranging from 4 to 10 thousand dollars and yields around 96 to 1.05 percent, totaling substantial market activity.
MENTIONED IN THIS ARTICLE
Button & Co
First National Bank
el. L
Inex
Cen. C.l
Biell
Bs. IL
N. Col
Pac
Notable Corporate Moves and Civic News in Cincinnati
Stock exchanges list voting certificates for U S and Cuyahoga Telephone. Rookwood Pottery increases capital to 180000 to fund mural and interior work including Linton Hotel. Textile Shirt Co of Cincinnati incorporated at 50000 with partners Guthman Strybel Adler Bettman. Foraker set to return from West Virginia. Corey Fleming named to probe North River pollution by New York Mayor. Portable Electric Tool Co of Cincinnati capital 30000 with Pierce McLean Brookbank Miles Spindel. Bremfoerder Hardware and Iron Co launches with 30000 capital. Ramsey Willey Stimson Breed Hickenlooper involved. Cincinnati bankers say Elkins visit went well. Ancient and Honorable Artillery Co of Boston may meet in Cincinnati next October. Cincinnati League optimistic about convention. 30 members and 35-piece band expected. fall field day and elaborate costumes anticipated.
MENTIONED IN THIS ARTICLE
Ancient and Honorable Artillery Company
Boston
United States
Cincinnati
Cincinnati League
Financial Markets Across Major Hubs June 23
London reports abundant money with dull trading and steady tone as stocks ease. Union Pacific and United States Steel attract attention while Russian and Japanese issues show mixed moves across St Petersburg Berlin and Paris with firmer bonds and steady currencies.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Wall Street
Union Pacific
Southern Pacific
United States Steel
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago Great Western
Chicago
Milwaukee & St. Paul
de Beers
Denver & Rio Grande
Erie
Illinois Central
Louisville & Nashville
Missouri
Kansas & Texas
New York Central
Norfolk & Western
Mario & Western
Pennsylvania
Mines
Reading
Southern Railway
Wabash
ST. Petersburg
Berlin
Paris
Pincare
Money rates and bonds in New York and Boston markets
New York reports call money nominal with no loans and time loans at four to five percent for various terms. Prime mercantile paper at five percent. Sterling easy around 485.05 to 485.10 for demand. 482.25 to 482.35 for sixty-day bills. Government and railroad bonds mostly steady to easy amid a broad list of equities and utilities from Atchison to Westinghouse.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange
Koston
Timeoans
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg Re
Union Pacific
American Tel
Dominion Iron and Steel
Edison Electric Iiluminating
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
United States Greel
Westinghouse Com
Cleveland (O
Llogskl
Cin
Union L., H. and P
Barney & Smith
New York Exchange
London
Glasgow
Belfast
Weer Pretein
Paris
Reichmark
Lee BiAxty
Clearing House banks report higher reserves for week
The New York statement shows total reserves at 273 281 000 with a 4 162 100 gain. Loans decline 2 318 000 to 1 057 758 300 and deposits rise 1 280 200 to 1 049 472 300. Legal tender and specie increase while ex United States deposits climb 3 868 225.
MENTIONED IN THIS ARTICLE
New York
Clearing House
United States
Metal market report shows little movement on June 23
ST LOUIS notes lead at 5.82 and spelter at 6. New York reports quiet markets with copper near 18 to 19 and electrolytic around 18.25 to 18.62. Lead at 5.75 to 5.95 and spelter 6.10 to 6.20, with iron steady.
MENTIONED IN THIS ARTICLE
ST. Louis
New York
London
Spottin
Lake
Commodity Prices in New York Market Report
New York market report lists several mining and metal stocks with quoted prices on June 23. Adams Con. .25 Alice .30 Brunswick Con. .27 Comstock mnel .17 Con. California and Virginia .69 Horn Silver 1.85 Iron Silver 6.00 Lead ville Con. .05 Little Chief .06 Ontario 2.65 Ophir 3.50 Phoenix .02 Potosi .06 Savage .75 ate .12 Stand ass.
MENTIONED IN THIS ARTICLE
New York
Adams
Alice
Breece
Brunswick
Comstock Mnel
California
Virginia
Horn
Leadville
Little Chief
Ontario
Ophir
Phoenix
Potosi
Savage
Ate
Small Hopes
Standass
Treasury balances report shows cash and gold holdings
Washington dated June 23 reports general fund balances excluding the $150 million gold reserve. Available cash stands at 169,466,606 dollars while gold in coin and bullion amounts to 88,068,687 dollars and gold certificates total 3y, with the remainder unspecified.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Quiet Week For Stock Market With Mixed Activity
Stock market activity remained quiet as C. N. & C. preferred led gains while common stock held steady. Cincinnati Gags edged higher and bonds closed strong with normal money demand. wholesale clearings totaled 4,392,500 with New York exchange par and various regional figures noted.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Stock Exchange
Unlisted Stocks and Bonds Report from Market Roundup
The document lists various unlisted bank stocks and securities along with traction bonds and industrial bonds. It names numerous banks and financial institutions, including Cit. Nat. Cov, Cosmopolitan, First N'l Cov, and Norw First, with bid or price references and percent indicators, plus traction bond entries like Col. Crosst’n, Rys. & LL, and Day. & M. It notes ex-dividend statuses and certain yields, reflecting a snapshot of a midweek market summary.
MENTIONED IN THIS ARTICLE
L.&t
Cin. & Ham
Ohio Tr
St. Ry
Ig Ind
Os & T
Columb. Ry
T. Eve. A Tacs
Col. Rys. & L
Scioto Valley
Det
UN. Ry
Am. R. Mill
Ham
Tob . Ou
Fleischm
B’way & Npt
Globe-W Bo
Stan
Kroger Seereee
W. Powell
Wurlitzer
Cincinnati
Consol
Fe J. de
Sink
Fund & M
South
M. N
Oooveel Dl
Wweeenee sesvenesslDl
F. A
Seeeewee
E Water Works
Ween
Jaduct
Hamilton County Bonds
Lizabethtown
Longview
Benson St. Bridge
Big Miami Bridge
Ieee
Covington
Reeneeseneee
J. Peneere - Btreet
F. A. Steer - Water Orks
Eee Eeenneee Ae
Newport
Cinnee
C.H
D. Vie
Dog. m
Norw
Nor
Can. C
Br. Pr
Spr
Xenia
London Stock Exchange Faces Unsettled Week Amid Rate Change
The London Stock Exchange saw a wary week with activity returning after the Bank of England cut its discount rate but overall sentiment remained dull. Traders noted American declines, potential capital issues, and Russian int erior concerns weighing on prices as Paris and London markets diverged.
MENTIONED IN THIS ARTICLE
London
The
Stock Exchange
Bank of England
Paris
England
United States
Paris Exchange
Cloth Market in Manchester Shows Steady Demand Amid Limited Orders
The Manchester cloth market reports meager orders but a firm stance from manufacturers due to existing bookings. Indian markets absorb mainly shirtings and printing cloths while China buys little and Mediterranean shippers seek quick delivery. Yarns show limited demand, mainly for better American grades, with coarse yarns plentiful and unchanged quotations.
MENTIONED IN THIS ARTICLE
Manchester
China
Coffee futures open steady amid smaller crop rumors
The New York market opened steady to higher on June 22 with receipts and European cables supporting prices. Buyers remained active as market closed with a net advance of 5 to 15 points and total sales around 55 000 bags with June near 6.20 to 6.25, September 6.40, December 6.60 to 6.65, February 6.80, March 6.90, May 7.00 to 7.05 cents.
MENTIONED IN THIS ARTICLE
New York
Seed Prices From Toledo Market Report
Clover seed priced at 6.86 dollars cash and 6.72 dollars for October. Prime timothy listed at 2 dollars. August al sike offered at 8 dollars. No 2 rye bids at 65 cents.
MENTIONED IN THIS ARTICLE
Toledo
Timothy
Also Mentioned on This Page
Oper
Ating Department
U. & Telephone
U. S. Telephone
Cuyahoga
Cincinnati Stock Exchange
Hamilton
Columbus
Indianapolis
Cleveland
Louisville
Popular Investment
U.S
United States Telephone Company
Beccesteus
RCP
Lag
Esse
Claude Ashbrook
Nut ST
Cincinnat
Russia
San Francisco
Southwest
Financial District
New York City
New York Trust Companies
P. J. Goodhart & Co
Foster & Co
John W. Ballmann
Charles E. Bultman & Co
A. O. Brown & Co
H. M. Beazell
George Eustis
Se Mercantile Ui Fir
Tchison
Atlantic C. L. Covsenn
G. V
Col Southern
Great Northern
Ontario & Western
Rock Island
Southern
Gosery Hiecone
Pacific Mail
Pewaperere
Big Republic Bihal
Steel Springs
E Ycoe
Amalgamated Copper
Brooklyn Rapid Transit
Lawson, Gates
Total
Rookwood Pottery Company
Linton Hotel
Textile Shirt Company
F. B. Guthman
Edward Strybel
J. L. Adler
I. W. Bettman
Alfred Bettman
James R. Foraker
West Virginia
Corey Fleming
McClellan
North River
Portable Electric Tool Company
W. C. Pierce
W. C. McLean
A. K. Brookbank
C. W. Miles
O. F. Spindel
Bremfoerder Hardware and Iron Company
Sentra
Robert Ramsey
Joseph Willey
G. P. Stimson
W. D. Breed
Smith Hickenlooper
West Virginia Bankers’ Association
Elkins
Metals
NEW York Mining
Treasury Statement
Special Dispatch
Call Money
Time Money
T.pfd
Inter. Ry
Ei Renee
Cin. Int
Col. & Xenia
Little Miami
Tractio
Mt Au
C.n&c
Come, Cor
National
Fourth
Plum Streets
Investment Department
Dayton
Newark
Lima
Salem
Sherman, Tex
Oklahoma City
the Central Trust 6
Sate Deposit Co
East Fourth Street
Breed & Harrison, Bankers
First National Bank Building
Telephone
Goss
Carlisle
Saav
J.E. Jones & CO
Det. U
Ham, & Lind
Int
Germt
B.G
Z. Rys
R.&f.w
Miami
Traction Bonde
Ina
M. Canal
West Ohio
Sesh Lee
OCK Lew
A&b
Eagle
Day, & M
Ma.t
Ieee -P
Es Niles T
Wit
Shinite Fe Bon
Tp Ae U
Ait Ee
York Stock Exchange
British Columbia
Greene Consolidated
Havana Tobacco
Texas
Mercantile Marine
Transit Co
Montreal
Boston Mining
New Amsterdam Gas
Otis Elevator Sere
Seaboard Air Line
Dore Deeerenes
London Stock Exchange
J. F. Feder Investment Securities
Traction Building
Wall St
U. S. Steel
H. O. Goldsmith
Treas
Wall St. Information Bureau
Broadway, N. Y
Harrodsburg, Ky
Weil, Roth & CO
F.E. Webner & GO
Ingalls Building
First Nat’s Bank
Chicago Street Improvement
S. Kuhk & Sons
Phenix Grain & Stock Exchange
E. Fourth St
Cincinnati, O
Mexico
Mexican Brokerage Co
Limantour
Mexico City
American Rolling Mill Company
Middletown
R. C. Phillips
Orice
Toe
Ce U
HY Ips
Cincinnati, New Orleans
Texas Pacific
J. W. Hood