Active Trading Gains Lift Rail Stocks in New York Market
Speculators regain control with renewed pool operations pushing rails forward and industrials higher in yesterday's heavy trading. Cincinnati market sees lighter volume but firmer tone with notable moves in American Can Mack Trucks United States Steel General Electric and keys like Maxwell B certificates.
MENTIONED IN THIS ARTICLE
New York
Chicago & Northwestern
Omaha
Frisco
Great Northern
American Can
Mack Trucks
United States Steel
General Electric
United States Rubber and
Goodrich
Havana
Cincinnati
American Laundry Machinery Common
Charngold
Dalton
Dalton Adding Machine
Eagle-Picker Common
Globe-Wernicke Common
Green Watch Common
Douglas Common
Kroger Grocery and
Baking Common
Procter & Gamble Common
United States Printing and Lithograph Common
Closing list of stock transactions on the New York Stock Exchange
The Associated Press reports the complete NYSE closing list for June 24 with total sales of 1,064,800 shares, compared to 1,049,700 yesterday and 1,187,800 a week ago. Averages for Twenty Industrials and Twenty Railroads are cited with high and low marks for 1925 and year comparisons.
MENTIONED IN THIS ARTICLE
THE
Associated Press
New York
New York Stock Exchange
New York Bond Market Totals and Averages
Bond activity on the New York Stock Exchange totaled 10.23 million dollars in sales, with the day’s high, low, and close quoted for each issue. Market averages show rails, utilities, and industrials holding around 91, 93, and 98 respectively, with the combined average near 93.25.
MENTIONED IN THIS ARTICLE
Siliesye
Saal
Heer
Grain prices rise on rain hindering harvest in Midwest
Chicago reports widespread rain across Minnesota and the Dakotas slowing winter wheat, with prices closing uneven. July wheat at 1.50 to 1.55 and September near 1.53, corn and oats down fractions, while provisions show small gains.
MENTIONED IN THIS ARTICLE
Chicago
Minnesota
Dakotas
Nemes
Ellies
Bankers to attend West Virginia association meeting
Harry Nagel and W. C. Shanks of the Fifth Third National Bank departed for Wheeling West Virginia to represent their bank at the West Virginia Bankers Association convention opening today and continuing tomorrow. Indiana Refining stock rallied with demand, opening at 8% low and closing at 9 with 1 900 shares traded, high reaching 914.
MENTIONED IN THIS ARTICLE
Harry Nagel
W. C. Shanks
Fifth-Third National Bank
Wheeling
W. Va
West Virginia Bankers’ Association
Indiana Refining Common
Syndicate reports high subscription on California Petroleum issue
Blair & Co. headed syndicate says 97 percent of 527 978 California Petroleum common shares were subscribed at 27.50 a share. Remaining balance distributed. Morris and Essex Railroad stockholders approve 85 million dollar mortgage bonds with 11.558 million to D L W for capital costs. Electrification funding expected via unissued portion. Chesebrough Manufacturing calls August 8 meeting to cut authorized capital from 5 million to 4 million. retire $1 million 7 percent preferred at 112.50 on September 10. American Ship Building declares 1.5 percent preferred dividend and 2 percent common dividend with dates for recordings and payments.
MENTIONED IN THIS ARTICLE
Blair & Co
California Petroleum Common
Morris & Essex Railroad
Delaware, Lackawanna & Western
Morris & Essex
Lackawanna
Hoboken
N. J
Chesebrough Manufacturing Company
Standard Oil Company of New Jersey
Gas and Electric Plan to Reorganize Debt Exchange
Directors of General Gas and Electric announce a plan to retire bonded debt by exchanging existing shares for four new common shares in a Delaware incorporated company under the same name. The move aims to improve the firm's capital structure and consolidate the stock into the new entity.
MENTIONED IN THIS ARTICLE
General Gas and Electric Corporation
Delaware
Munsingwear Reports Six Month Net Income Increase
Munsingwear Inc and subsidiaries report net income of 168,286 for the six months ending May 31 after charges and taxes, compared with 18,403 in the same period last year.
MENTIONED IN THIS ARTICLE
Munsingwear, Inc
Maxwell Motors Stockholders Approve Chrysler Merger Plan
Stockholders of Maxwell Motors Corporation authorized the acquisition of all Maxwell assets by Chrysler Corporation under the April 16 reorganization plan. The firm reportedly has orders on its books assuring three months of capacity production.
MENTIONED IN THIS ARTICLE
Maxwell Motors Corporation
Chrysler Corporation
Singapore Takes Large Daily Sums Through Banks
Singapore moved cash totals of 180000 dollars in yesterday’s transfers with 100000 dollars channeled by the Farmers Loan and Trust and 80000 dollars by the International Acceptance Bank.
MENTIONED IN THIS ARTICLE
Singapore
Farmers’ Loan and Trust
International Acceptance Bank
Ohio Incorporations Reported From Columbus June 24
Greater City Savings and Loan Company in Columbus authorized for 300000 by George A Weir Jewett H Lanter William H Curtain Frank E Norris and Joseph Schneider Scully-Brehm Company in Cincinnati authorized for 50000 by William Alfred T Walter J Scully Andrew J Brehm and Edward C Hauer Spotless Dry Cleaning Company in Cleveland authorized for 5000 by John J and Catherine to Romulus W B Nye and Ken o I Company in Cleveland authorized for 500 by William Marlatt M G Harrison M P Guenther H H Bender and R G Morrison Rosco System Company in Cleveland authorized for 10000 by Charles B Ken S J Walace Tillie L Cohen Sara E Roskin and E H Morgan Jason Creamery Company in Akron authorized for 500 by J M Sumner Gertrude Hanson Frank L Beatrice Sumner and George E paler The Allen Ticket and Tour Bureau Inc in ae 0 by C A Allen Dorothy Allen F Meyer Henry Nickels and Al or
MENTIONED IN THIS ARTICLE
Ohio
Columbus
Greater City Savings and Loan Company
Rg Ay
George A. Weir
Jewett H Lanter
William H. Curtain
Frank E. Norris
Joseph Schneider
Scully-Brehm Company
Cincinnati
William Alfred, T
Walter J. Scully
Andrew J. Brehm
Edward C. Hauer
Spotless Dry Cleaning Company
Clevelan
John J. and
Ather
Dividends Declared by Major Companies
New York World News Service reports American Electric Power declares 1 percent preferred quarterly payable August 15 to holders on August 5. National Fireproofing and Atlas Powders also announce 1 percent preferred or quarterly dividends. West Penn Company and West Penn Railways declare common and preferred dividends payable in late summer. National Watch Company and Diamond Match Company announce 2 percent and 2 percent respectively with payment dates in August and September. Pennsylvania coal and other firms list various rates and record dates.
MENTIONED IN THIS ARTICLE
New York, Ont
Pacific Gas & Elec
Crivaliine Pacithce
Sineeic
Packard Motor
SERTE
Paige
Detroit Motor
Pan-Am. Petroleum
BO Be Soy
Pennsylvania R. A
Penn
Seaboard Steel
People’s Gas
Chicago
Pere Marquette
Prams Cocb
Shvesscosenseneye Ph
Rdg
Coal & Iron
Philip Morris & Coe
Phillips Petroleum
Pitts. Utilities
Ccsscasses Csrses Producers & Refiners
BOO Pge
el. & Gas Pref
Cctikcicterreeninin Reis & Co
Robert
Saeicincees
Remington Typewriter
Siasia
Seninicinsvensvisanns Reynolds Spring
C.c
Shattuck & Arizona
Wnetemen, Fy Gs Gite EE
Ener
Shell Tran
Trad
Shell Union Oi
Sumarote
FES
ROMEO
South
Porto Rico
Iiss
Standard Gas & Elec
TDNE
Standard Milling
Tore Obi
Tennessee
Underwood Typwriter
Union Bag & Paper
Union Oil of Cal
Union Pacific
United Alloy Steel
United Cigar Stores
United By
Invest. .c
Pipe & Fdyv
Hoffman Machinery
U. S. Sme. & Ref
Steel Corp
Pee Fe
Ea Univ. Pipe & Rad
City
COE CF
VameGinen Corb
Virginia-Carolina Chem
Virginia Ry. & Power
Monon Sunn Pete Nac
Ccieccsnenss
West Penn Co
Western Electric
Western Mary Sa Cidinede Net Dodd Michaces Western Pacific
Prdelined
Empire Gas & Fuel
Florida
East Coast
Bell
Adson & Man
Humble Oil & Refining
Illinois
Bell Telephone
Toed Ill. Cent
Chi
St. L
N. O
Atlas Caia Eg Ster
Northern Adj
Inter
Merc. Marines
Kansas City
Ft. S
Memphis
Kansas City Southern
Kelly-Springfield Tire
Lake Shore & M
Louisville & Nash
Istrig
Louisville Gas & Electric Gas
Manati Sugar
Manhattan Railway Con
Midvale Steel Cvt
Kan. & Tex. Pr
Lien
North American Edison S. F
Northern Pacific
Cekcesees Stevesce
Caskoneeenes
Oregon Short Line
Pacific Tel
Tel
Pennsylvania Railroad
Phila
Port, Ry
L. Ar
Istos
Reading Gem
Rio Grande West
Col
Doo
N-Cesccoceice Essesessrerenee- Te MS
Aniescocesececocnsetiinmson Macrete St. Paul & K. C
Seaboard Air Line
Skelly Oil
Dorfg
Southwestern Bell Tel
Toledo
Virginian Railway
Western Maryland
Willys-Overland
Erie
Florida West
North
Goodyear Tire
Illinois Central
Interbero Rapid Transit
International Paper
Towa Central
Kansas City Power & Light
Kansas Gas & Electric
Laclede Gas of
St. Louis
Lehigh Valley Con
Market St. Railway
Milwaukee el. Ry
Missouri
New York
Edison
Ohio
SeRee Praneata
Northern States Power Ist
Pacific Gas & Electric
Pan-Am
Pet
Do Temp
Pere Marquette Rig
Philadelphia Co
Pierce-Arrow
Public Service of
Directertenny
Republic Iron & Teal Bs
River Ee Coe St. L. & Sen Fran
Loute Southwesters
St. Paul
Third Avenue
Utah ‘Power & Light
Bssauce Virginie Ry
Warner Sugar
Wileon & Co
Cvt
Youngstown Sheet & Tub
American Ship Building Company
Detroit
New York World News Service
American Electric Power Eoins
National Fireproofing Company
Marconi Company of London
National Watch Company
Atlas Powders
West Penn Company
West Penn Railways Company
Aeewara Coal Company
Pennsylvania
Iamond Match Company
Chicago Butter Market Shows Decline Amid Weak Prices
Chicago June 24 butter market slipped as most scores fell one cent. Central market held steady on full 90 point cars with prices around 42 cents, while a fresh 92 score car traded at 42 and a half cents.
MENTIONED IN THIS ARTICLE
Chicago
Oil City crude oil runs report
Oil City reports for June 24 show credit balance of 3.80 dollars. Total runs 50,569 with average 62,018. Shipments total 77,929 with average 70,868.
MENTIONED IN THIS ARTICLE
Oil City
Armou preferred Libby McNeill Nap in Midwest markets
Fragmented financial clipping notes Libby McNeill Napou announces preference in Midwest markets. Mentions 92 price index and Union Carbide 67. Fair shares quoted at 22 percent with unspecified context.
MENTIONED IN THIS ARTICLE
COO
Eest Icago
Ju —Armou
Libby McNeill
Nap
Midwest
Utlines
Eet & Co
Wift International
Union Carbide
Fair
Money market roundup and currencies in New York and London
Call money strengthens to 4 percent with bids at 4 1/4 percent and offers at 4 percent. Time loans steady. prime commercial paper at 3 1/2 to 3 3/4 percent. Bar silver 70 cents per ounce. Mexican dollars 53 1/2 cents. London rates show money at 3 percent and short bill discounts around 4 1/4 to 4 9/16 percent.
MENTIONED IN THIS ARTICLE
New York
London
Minneapolis Flour Market Report Highlights Steady Prices
Flour held firm at 8.55 to 8.75 per barrel with 2 31 077 barrels shipped. Bran ranged 26 to 27. Wheat No 1 northern quoted around 1.58 to 1.62 with July and September at 1.56 and 1.60. Corn No 3 yellow 1 to 1.01. Oats 8 white around 44 to 44 4c. Flax No 1 2.60 to 2.64.
MENTIONED IN THIS ARTICLE
Asael Aaid
Seee
Seieisl Amemiel
Odessa
Treniescoes
Ms Sane
Minneapolis
We Wish To Sell July 1st Delivery Brunswick Balke Hotel Gibson
Public notice lists sale of July 1 delivery items and references Ohio power and public service entities. It names Brunswick Balke Hotel Gibson, National Cash Reg Ohio Power, Ohio Public Service, Sherwin Williams, Toledo Edison, Youngstown Sheet and Tube with various preferred stock percentages and prices.
MENTIONED IN THIS ARTICLE
Brunswick-Balke
Gibson
National Cash
Ohio Power
Ohio Public Service
Sherwin-Williams
Toledo Edison
Youngst’n Sheet & Tr
Also Mentioned on This Page
Ial
L. A. Parrish
Paragon Refining Common
United States Playing Card
First National Bank
Cincinnati Gas and Electric
Cincinnati Gas Transportation
Cincinnati Street Railway
Ohio Bell Telephone Preferred
Telehone
Citizens National
Hongkong
Mexico
Czecho-Slovakia
Rio Janeiro
Russia
General Gas and Electric
United Light and Power
Western Power and Power Corporation of New York
Liberty
Cil Lzens
Western Rail
Santa Fe
Argentina
NEW York Exchange
Abitibi Power & Paper
Rumely
Cesses Am
Agri
Scc
Hide & Leather
Mae
Teo Peek
Geniiminnm
Am. International Corp
la France Fire
Eng
Pubsins Sinsilheiaes Am
Berbis
Vrsiissenesscharny Pan Pet
Gsrcessimicctiinds
Ship. & Commerce
Acces Am. Steel Folrs
UGE CT Vce
Essecesgleimrerschen Am
Sugar Refining
Sumatra
Aoe
Tet
Edimog
Archer-Daniels-Midland
Armour & Co
Del
Ill
MOE
Cvccoamerncica
Bae
Bethlehem Steel O
Brooklyn Edison
Brooklyn Man
Brooklyn Union Gas - Pees Coos Brown Shoe
Ieee Brunswick Balker Coll
Burns Bros
CAO Ais
Cceccaasnus Se
BP Boos Ks
Iss
Eelaen Steeds Bush
Ccccies
Cccci
Cccces
Bush
Butte & Superior Copper
California Packing
California Petroleum
Callawhan Zinc Lead
Calumet & Arizona
Calumet & Hecla
Canadian Pacific
CRE
Cerro de Pasco
Certainteed
Pbiuitee
Chandler Motor
Chesapeake & Ohio
Chicago & Alton
Chicago Great Western
Fpoembinis
Chaahan & Northwestern
Esoe Ciciccicnccsaoesnuinnas Cc. R. i. & Pacific
St. P
M. & O.pre Childs Co
Chile
ROY Annerta
Colorado Fuel
Colorado & Southern
Columbia Gas & Elec
Columbia Carbon
000 Congoleum-Nairn
Cone Icci Ose Coccasseeemnctoatacs
Cons, Distributors
Continental Insurance
Continental Motors
Cobeueaan
Boone Woolen Mills
Davison Chemical
PEAT
Dela. & Hudson
Lack. & Western
Detroit Edison
Dodge Bros. A
DuPont de Nemours
Duquesne Light
Eastman Kodak
Asdee
Elec
Endicott-Johnson Ween
NS Coco Ciccchinsinansiocne
Entoce Fairbanks-Morse
Famous Players-Lasky
Famous Players
Federal Lt
Trac
Ee Fed. Min
Sm. Pref
General Mer
General I Air Ee
General Motors
Ciscciccereen Se
Breed Ercsccessereess
General Petroleum
General Refrac
Goodyear T. & R. Pref
OPO
Cicennce A
Great Western Sugar
PG Vicinisentiicestvre
Vans
Gulf States Steel
Hanna Co. Ist
Hartman Corp
el. Ry
Sufe Abp
Vccasases
App Motors
Harvester Do
Jordan
Seenihaasess
Ik Ty
Kelly-Springfield
Kennecott
Lima Locomo
Cena Roueg
Long Bell Lumber A
Dotnet Dniniiicinene
Louisiana Oil & Ref
Louisville & Nashville
Miack Truck
Beograd Cog
Dethaeleiaadilineckiossese
Maracaibo Oil Express
Mid-Continent
Midland Steel Prod
Minn
S. M. Pr
Ae Iiate
Missouri Pacific Rors Sedestentries
Montgomery, Ward
Cssccee DO Rong Fed Veideresctaatisioen
Src
Cccccccees
Munsingwear
Ccccceeseceeseeess
Nevada
New Orleans
Tex
Mex
New York Central
New York, Ohi
New York Dock
Liggett
Myers
SAO
BU Tao Des Hickiteicianas Rede Eee
Marlin Rockwell
Dept
Mexican Seaboard Oil
Middle States
Kan
Texas
Montana Power
Canners
N.Y
Western Union Tel
Westingh. Elec
Mfg
White Eagle Oil
White Motor Co
Seegeeee
Steck
Wickwire-Spencer Steel
Ea Worthington P. & Mach
Wright Aeronautical
Wrigley, Jr
Lew
TATES
United We GU Gao Pisces Deteicicisnins
S&s. Treasury
OORT
Eererro Rohr
Sree Etenerserees
A. Jurgen Marg
Wks
City of Copenhagen
Department of No
I East Indies
Tia
State of Queensland
Rico Grande Do Sul
S Do
U. 8
Brazil
Amer. Agri. Chem
Amer
Chain S. F
Buffalo, Red. & Pitts
California
Carolina, Clinchfield & Ohio
Chicago & East Il
Chic. & Western Ind
Commonwealth Power
Deal of
Maryland
Delaware & Hudson Cvt
Austrian Government Ltd
Buenos Aires
City of Greater Prague
City of Rio de Janeiro
Ne de Sa
Doms Dodge Bros
Japan
Kingdom of Denmark
Republic of Bolivia
Republic of Cuba
Republic of Poland
State of
San Paulo
U. K
Amer. Water Works & de i I Billeteice Andes
Atlantic Refining
Baltimore & Ohio
Bell Tel
Palst & Rfg
Bethlehem Sté
Central Leather
Central Pacific
Chesapeake & Io
Terre Haute
E. Inc
Ga & Ls
Cleveland Union Terminal
Colorado & Southern Ist
Cuba Cane Sugar
Denver Gas & Elec. Ist
Denver & Rio Grande Con
Eastern Cuba
Eweeee
Lee
Wenneees
Genese
Weneeee Eee
Neeeerterenee
Prana
Local Securities
Tom
Sen
Cin. Gas & Elec
Aly
Wurlitzer
Reek Y Johnson
Earl
TAGE
Ieee
Acai Alta
Fleischmann
Formica Insulation
Yen -Bauer
Gallaher 'S Drug
Globe-Wernicke
Gruen Watth
Hatfield-Reliance
Johnston
Kemper-Thomas
Kroger Gro
Bak
Met
Pertann Refining
Ecclesia
R & Gamble
Ian
Whitaker
Ereerentereees
Serene
Seenee
Werner
Terete
Renee
Tals
Chicago Grain
Seenennese
Financial Notes
Cleveland
Otis & Co
OPPOR
Millecith
Cort Poor
Cleveland Railway
Firestone T. and
Een Neerenenneten
American Book Cin
T. P. Ry
General Tire and Rubber
Niles-Bement-Pond
Niles Tool Works
Cincinnati Bank
Cin. Bank and Trust
Columbia Bank
Pearl-Market Bank
Stockyards Bank and Tr
Provident Law
Washington Bank & Tr
Hunter, Budde & Duble
Union Central Building
Cincinnati Stock Exchange
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