Stock Exchange Openness Dims Amid Rolling Mill Activity
The local Stock Exchange saw the day's busiest activity with 712 shares traded, led by American Rolling Mill issues. New York trading was sluggish with modest volume near a quarter of a million shares, light overall money movement, and a focus on dividends and deposits.
Bank official reviews finance convention and market mood
Po J Lazar of Cincinnati Bank backs the recent American Institute of Banking meeting as educative and instructive. Indian Refining stock bid window centered at 201 to 204 1/2 with preferred not noted. Shareholders temper expectations pending market stability and potential dividend prospects.
MENTIONED IN THIS ARTICLE
Po. J. Lazar
Cincinnati
American Institute of Banking
East
New York
Atlantic City
Brotherhood of Locomotive Engineers Charter Bank in Cleveland
Comptroller Williams reported the Brotherhood of Locomotive Engineers approved the charter of the Co-operative National Bank of Cleveland. The bank is capitalized at $1,000,000 and was chartered on application by Grand Chief Warren B. Stone.
MENTIONED IN THIS ARTICLE
Williams
Co-operative National Bank of Cleveland
Brotherhood of Locomotive Engineers
Warren 8S. Stone
Brotherhood
Federal Reserve official Miss Lawler resigns from Cincinnati branch
Miss Elizabeth Lawler announces resignation from the Cincinnati Branch of the Federal Reserve Bank of Cleveland effective tomorrow. Oil traders report Simms Petroleum has drilled two new wells on the Garrett lease in the Homer pool. No 5 yields about 1000 barrels daily, another well yields 500 barrels daily.
MENTIONED IN THIS ARTICLE
Elizabeth Lawler
Cincinnati
Federal Reserve Bank of Cleveland
Simms Petroleum Company
Garrett
Homer Pool
Ohio Oil Wells Near Rock Creek Edge Produces Hints
The Ohio Oil Company reached paying sand in its Trap shooter No. 1 well at 3508 feet in the Rock Creek field after nearly two years and over $150 000 spent. The test well faced unusual difficulties and oil rose 1600 feet when two feet of sand was penetrated, suggesting potential as a strong producer. Otis Elevator declares a regular quarterly dividend of 14 percent on preferred stock and 2 cents on common, payable July 15 to June 30 holders. American Rolling Mill Directors’ meeting set for Friday.
MENTIONED IN THIS ARTICLE
Ohio Oil Company
Rock Creek
Hock Creek
Otis Elevator Company
Dayton Fan & Motor Company
Dayton
Ohio
Globe-Wernicke CO
Cincinnati
J. E. Blaind, JR
Mercantile exchange and Paris bourse notes June 2
New York reports irregular Tyr cent exchange with varied sterling and other currencies. Government and railroad bonds are easy, time loans and call money strong with high rates. Paris bourse shows heavy prices with three percent rentes and five percent loan. Dollar quoted at L2f 16%.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper Tyr
Banke
New York Exchange
Montreal
Paris
Exchange
London
Cattle Market Receipts and Prices Roundup June 29 1920
Cattle receipts 640 head with 59 directly to butchers and prep over from Monday. fat steers and cows held steady while stockers and feeders stayed quiet. Hogs advanced on light local supply with tops around 17 dollars, pigs at 12 to 12.50, and overall market active in Chicago East St. Louis Cleveland and Pittsburg reports. Lambs largely lower with best at 17, culls down to 8. Sheep mixed with varying regional quotes, and calves strong to 16.50.
MENTIONED IN THIS ARTICLE
Pirate Sea
Chicago
Oregon
California
East ST. Louis
Cleeveland
Pittsburg
Kansas City
United States Bureau of Markets
Coffee futures slip as Santos decline drags market lower
New York reports continued weakness in coffee futures as Santos prices fall and cheaper cost and freight offers appear. September and December both dip below 18c, with December at 12.90c and overall quotes 19 to 33 points lower than last night. Spot Rio 7s at 144¾ al 14¼c. Santos 4s at 22¾–23½c with cost and freight offers around 18c.
MENTIONED IN THIS ARTICLE
New York
Santos
Bank Clearings Show Tight Money as Investors Move Funds
Cincinnati reports daily bank clearings at 9.2 million, down from 11.8 million and 10.6 million on prior days. Call loans to brokers hover near 7 percent with some unsatisfactory loans rejected. Industrial loans remain at 7 percent with funds consolidating to cover forest and dividend payments amid heavy government withdrawals. Stock trading on the Cincinnati Stock Exchange shows mixed activity with numerous American Rolling Mill, Procter & Gamble, Goodyear Tire, and Cincinnati Gas & Electric shares changing hands.
MENTIONED IN THIS ARTICLE
Local Stock Exchange
New York
Lst
Ifty
American Rolling Mill Common
Corcoran Victorecommon
Goodyear Tire and Rubber Preferred
Paragon H Refining Common
Procter & Gamble Common
United States
First National Bank
Cincinnati
Suburban Telephone
Cincinnati Gas and Electric
Ohio Cities Gas Preferred
Stock Exchange
Ask Ham
Procter & Gamblers
Rocter & Gamblers
Slack-Clawson
Casey-Hedges
Tesernions
Abattoir Realty
Rene Mo
Mleischmann
Beran
Gibson
Pet
Edee
Wrnesece Serses
Goodyear Tire
Meres SM
Globe-Wernicke
Gruen Sens Watch
Saeness
Ewer Pesene
William Do
Lowell Whitaker
Atlas National Bank
Iss
Fourth National Bank
Second National Bank
Western Bank and Trust Co
Cinti and Sub. Telephone
Cincinnati Gas and Pilectric
Cincinnati Gas
Dohg
Dohg Do Pref. B Seed Ae Eeeeeseewes Columbia Gas and Electric
Ohio Cities Gas
Ohio State Telephone Com Co
Tsittle
Miami
Af & C
Amer
Rolling Mill
Procter & Gamble
Cincinnati Gas & Electric
Second Call
American Rolling Mill
Am. Rolling Mill
P. c. Pf
LU. S. Printing & Lithgraphing
Cincinnati & Sub
Bell Tele
Ohio Cities
Rolling
Cincinnati Stock Exchange
First Call
Paragon Refining Co
United States Can
Corcoran Victor Co
Columbus Stocks Show Mixed Close in Market Tick
In Columbus on June 29 closing figures show Service common at 12.5 to 32.30, de preferred at 65, and Ohio Gas near last trade, reflecting a cautious session with varied gains and losses across listed securities.
MENTIONED IN THIS ARTICLE
Columbus
Ohio Gas
Market Dullness Sets Records on New York Exchange
New York June 29. Business on the Stock Exchange was exceptionally dull with about 250000 shares traded. The session saw the smallest total since December 1918, underscoring a period of unusual inactivity and lack of notable price movement.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Grain market declines as timely rain eases outlook
Timely rain across Iowa Nebraska and Illinois drove lower prices for corn and oats on June 29. Corn and oats closed mixed with July and September contracts showing small declines and firm provisions due to higher hog quotations. Cash grains listed include No 3 red wheat 2.70 No 2 corn 1.78 No 2 oats 1.18.
MENTIONED IN THIS ARTICLE
Chicago
Iowa
Nebraska
Illinois
Grain Prices Across Cities Show Varied Movement
Wheat No 2 red winter at St Louis $2.79 to $2.80, corn No 2 white $1.89, oats No 1 white $1.20. Minneapolis reports flour m ehepad and cash wheat No 1 Northern. Milwaukee lists corn and oats prices with July and September bids. Indianapolis shows mixed changes in corn and oats with hay prices steady to slow.
MENTIONED IN THIS ARTICLE
ST. Louis
Minneapolis
Milwaukee
Cocnabratial Tribune
Indianapolis
Timothy
Commodity Prices Reported for Copper Tin Lead Zinc
New York June 29 Copper dull electrolytic spot for June and July 19 August and September 19a 19c. Iron steady, prices unchanged. Antimony 8. Tin easier spot and June 45, July 8. Lead nominal spot 8.10. Zinc quiet. St Louis delivery spot 7.20 bid. London prices copper spot 85 ls futures 88 27s 6d. Electrolytic spot 99 futures 107. Tin spot 26 10c futures 250 70s 6d. Lead spot 32 Ss futures 33 10s. Zinc spot 39 19s futures 41 10s.
MENTIONED IN THIS ARTICLE
New York
Metal Exchange
St. Louis
Don
Transatlantic Steamship Schedules Telegraphed
The Fifth Third National Bank reports telegrams listing sailings from New York lines. Rotterdam sails August 28 to Rotterdam via Plymouth and Boulogne Sur Mer. Providence sails August 28 for Palermo Naples and Marseilles. Olympic sails August 4 for Southampton and Cherbourg. Mongolia sails August 14 and Manchuria sails September 11 for Hamburg.
MENTIONED IN THIS ARTICLE
Commercial Department
Fifth-Third National Bank
New York
Holland-American Line
Rotterdam
Plymouth
Boulogne-Sur- Mer
Fabre Line
Providence
Palermo
Naples
Marseilles
White Star Line
Olympic
Southampton
Cherbourg
American Line
Mongolia
Manchuria
Hamburg
Real Estate Notes Highlight Rent Trends and Transfers
Captain M W McIntyre reports office rents in Cincinnati at 2 256 per foot while Chicago and other cities show higher rates. The Union Central Building averages 2 256 per foot, with sub leasing discouraged. Auctions record Oscar Mann buying a 24 story residence at 669 Greenwood Avenue Avondale for 7 300. Retail and bank construction contracts valued around 15 000 to 32 000 feature Machiegall Manufacturing Company as contractor.
MENTIONED IN THIS ARTICLE
M. W. McIntyre
National Convention of
Building Owners and Managers’ Associations
Minneapolis
Cleveland
Dayton
Union Central
Captain McIntyre
Cincinnati
McIntyre
New York
Philadelphia
National Association
Gordon Strong
Chicago
Daniel Whitcomb
Seattle
W. H. Ballard
Boston
E. Torrance, Jr
Howard G. Loomis
Omata
Lee Thompson Smith
Covington
William Glenny Glass Company
National Plastic Relief Company
William G. Parry
Hewitt Avenue L. & B. A
Bessie Beaty
Southern Ohio L.& T. Co
John Finkbeiner
Elmwood Place
Same
George J. Singer
Alice Sayble
Stickman & Co
Amy Lafty
Bramble B. & I. Co
Mildred B. Smith
Central Hyde Park
Walter W. Huenefeld
Westwood Homestead Company
Ninth Street Baptist Church
City of Cincinnati
Linda H. Beaman
Betty V. D. Ward
Bernard Schnieders
West Street B. A. No
Mark E. Bowles
Riverside B. A. & L. Co
Sierra
Paladino
John Paladino
Lillie Feiberman
Arthur J. Reitz
Highland Avenue L. & B. Co
Adela Effron
Avondale L. & B. Co
Harry J. Lehman
William H. Eversman
Real Estate & Improvement Co
Matthew Duvall
Mount Healthy S. & Ll. Co
Everett K. Smith
Fred Staal
Margaret Glassmeyer
Cottage B. & B. Co
Property sale by auction of Wieterstein estate details
Property owned by J. A. Wieterstein and president of John Hoffman's Sons Co at 2139 Winchell avenue was sold yesterday at auction by Fred Tuke and Son to H. H. Dickmann for 3550 dollars. The property includes a three and a half story nine room brick house a three room frame cottage a 25 by 150 foot lot and a large brick stable at the rear fronting Turner street.
MENTIONED IN THIS ARTICLE
J. A. Wieterstein
John Hoffman's Sons Company
Winchell Avenue
Fred Tuke & Son
H. H. Dickmann
Turner Street
Bids Sought for Dana Avenue Chemical Warehouse Project
Rendigs Panzer and Martin invite bids on a Dana avenue C. L. and N. Railroad site warehouse designed for E K Shannon Chemical Co. The one story concrete or steel gypsum building measures 100 by 157 feet. Separately, a $75,000 office addition permit at Fourth Street and Broadway was granted by Building Commissioner George Hauser to Western and Southern Life Insurance Co.
MENTIONED IN THIS ARTICLE
Rendigs, Panzer & Martin
Dana Avenue
E. K. Shannon Chemical Company
Fourth Street
Broadway
Western and Southern Life Insurance Company
George Hauser
Property transfers and leases recorded in Cincinnati listings
Tax details accompany deeds and leases for multiple Cincinnati properties including a 5 year lease on Barton street 1542 and 1544, monthly rent 50 dollars, and a notable 80 thousand dollar parcel transfer to Ninth Street Baptist Church. Other entries cover small lots on Seventh street Ross avenue and Lyon street plus several 1920 leases with varying terms and rents.
MENTIONED IN THIS ARTICLE
Emma Leyman
M. E. Braun
Barton Street
Sarah Davis
Bessie Beaty
Seventh Street
Henry Worpenberg
Minnie Huebner
Iddlal Welding Company
Hunt Street
Pendleton Street
A. H. Gellenbeck
Frank C. Mercurio
Vine Street
Carrie 8. Wehr
Laura S. Fahrenbach
Spring Grove Avenue
Hopple Street
Elizabeth Helmsderfer
Wetterer Brewing Co
Central Avenue
Betty van D. Duval
Linda H. Beaman
James W. Sibley
Terrace Park
Jimmy Tischbein
Mark E
Edith A. Bowles
Delhi Avenue
The
Stearn Realty Company
Amelia G. Cowing
Springfield Pike
Wyoming
Mary E. Corcoran
Ray H. Brossmer
Bevis Avenue
Michael Shorr
Isaac and
Julius Grush
Burdette Avenue
M. Delaney
Liberato Paladino
Large sums loaned to Cincinnati area lenders and churches
A column lists numerous loan repayments and amounts from individuals to lenders and companies in Cincinnati and surrounding areas. Notable entries include City of Cincinnati related debt of 65000 to Ninth Street Baptist Church, plus several hundreds to thousands of dollars to banks building companies and loan associations.
Kentucky Woman Rates Lodging Protest At Five Dollars
A Kentucky woman charged five dollars for one night’s lodging at a small hotel though the printed rate was three dollars and paid forty cents for half a muskmelon. She protested to the Fair Price Commission and urged a rebate on the lodging bill. Ironton residents seek aid against coal profiteers near their mines. St Marys Ohio church officials report rising coal prices by profiteers.
MENTIONED IN THIS ARTICLE
Fair Price Commission
Kentucky
Ironton
St. Marys, O
Also Mentioned on This Page
Financial Notes
NEW York Stock Exchange
Hutton &C
Atchison
P. Cc
Baltimore & Ohio
Canadian Pacific
Rttal
Chesapeake & Ohio
Chicago Great Western
Denver
Rio Grande
Erie
Great Northern
Illinois Central Weveeny
Lehigh Valley
Missouri, Kansas & Texas
Missouri Pacific
New Haven
Hartford
New York Central
Norfolk & Western
Northern Pacific Sone
Pere Marquette
Pennsylvania
San Francisco
Southern Pacific
Southern Railway
St. Louis & Southwestern
Texas
Etter
Pacific
Union Pacific
Wabash
Wheeling & Lake Erie
Eee
Ebene Nes
Ajax Rubber Weve Eawes
Allis-Chalmers
American Smelt and Refining
American Tel. Sugar Ref. Co. Prof
American and Telegraph
American Tobacco Heene
American Steel Foundry Seat Mwas
American Sumatra Tobacco
Araconda Mining Co
Baldwin Locomotive
Barrett Co Weer
Bethlehem Motors
Bethlehem Steel
Bosch Maeto
California Petroleum
Vaneee
Cerro de Pasco
Chandler
Colorado
Tees Rm
Columbia Gas
Eeereseres
Columbia Graphophone
Consolidated Gas Eee
Eaks Veena
Continental Candy - Atte
Crucible
General Electric
Goodrich Co
Errr
Great Northern Ore
Granby Consol Mining
Aenee
Greene-Cananea
Gulf States
Stes Coa
Inspiration
Consol International Harv
International Nickel Co
International Mercan Marine
International Paper Ee
Kennecott Copper
Keystone ‘Tire and Rubber
Ett Eeetos
Wackawanna Steel
Middle-States
Midvale Steel Pe
Tenet Ewes
National Acme
Dartwel
Pittsburg Coal Tone
Sewceelet Saeel
Eenete Ul
Pullman Co
Ray Consolidated Weaee
Republic Steel Seeeerese
Stromberg Carben Enene
Studebaker Corporation
Superior Steel Coroneries
Tennessee Copper
Texas Oil Co
Arecorsare
Tobacco Products Corpm
Union Oil of Delaware
United States Realty
Sere
United States Rubber
United States Steel
Belek
United Alloys Steel
Weenee
United Food Peces
United Fruit
U S
Utah
Virginia-Carolina Chemical Ae
Westinghouse Electric
Woolworth Co Etveerettee
Local Securities
Amsterdam
Stockholm
Ask
Stered
Panama
Philippine Island
District of Columbia
Liberty
Liberty First
Liberty Second
Victory
Standard Oil
Alfred Hill & O
Anglo-American Oil Co
Borne-Scrymser Co
Buckeye Pipe Line Co
Chesebrough Mfg
Continental Oil Co
Crescent
Cumberland Pipe Line
Eureka Pipe Line
Galena Signal Oil Co
Pref
Rees Ce
Linois Pipe Tie Co
Indiana Pipe Line Co
National Transit Co
New York Tramelt Co
Northern Pipe Line Co
Ohio Oil Co
Prairie Oil and Gas
Prairie Pipe Line Co
Southern Pipe Line Co Cay
South Penn of) Co
Southwest Penn Lines
New Jersey
New Foi Oi
Swan & Finch
Union Tank Line Co
Vacuum Oil Co
Washington
Glenrock
Midwest Paebm
Erteweare
Chicago Grain Market
Grain and Provisions
Theodore Mayer & Bro
Oscar Mann
Greenwood Avenue
Avondale
A. & J. Frank Realty Company
Boone Street
Morgan Street
Annie
Murray
John E. Sullivan
Bell Place
McMillan Street
Mina Engelke
Lillie Feibleman
Rochelle Street
James W. Fant
Walter E. Fant
Stratford Avenue
Clifton Heights
Julius Engelke
Katie Weber
John Q. A. Chapman
Delta Avenue
Beechmont Avenue
Martha A. Lynn
Adella Effron
Hutchins
Reading Road
Gleena M. Boyd
Mary EK. Snyder
Morton Street
Ida Knight
Erkenbrecher Improvement Company
Glendora Avenue
William E. Fisher
Ida Leppert
Richard RK. LeBlond
George Disselkamp
R. K. LeBlond
Norwood
Ohio Ballast Company
Ohio Gravel Ballast Co
Miami Stone and Gravel Company
Symmes Township
Toy
Anderson Township
Sue H. Ware
T. H. Kirk
Green Township
M. Ware
Charles G. Lammers
Amy Lofty
Hefzell
Madisonville
Elizabeth B. Hobart
Vinney L. Schmidt
Winslow Street
Oak Street
Lucretia W. Hobart
Winslow Avenue
Elizabeth E. Hobart
Tennis Lane
Anna M. Wolf
Anna S. Laboiteaux
Mt. Healthy
William S. Burkhart
Fred S. Staaf
Amity Road
Reading
Fred Staaf
Sycamore Township
Ferdinand Rolling
Norwood Gas and Electric Shop Co
Main Avenue
Miles T. Watts, Guan
A. Newton Trager
Lea
Marion Avenue
W. P. Devon
Samuel Chapman
Emilie Delabré
Baker Street
Adkins
Mercantile B. & L. Co
James Hamilton
Valentine Duttenhofer
Mary Deck
Sarah M. Druce
Sarah A. Davis
Western & Southern Tita Insurance Co
Arene M. Markland
Mma A. Estes
Chas. M. Krey
Elmwood Place L
Charles A Lammers
Wentlicher Stern L. & B.A
Cary E. Snyder
Dexter Lumber Co
Mayla Harrison
William A. Schneider
Igens: Healy Co
Lillie M. Hudson
William J. Weir
Lulu Lemos
Molitor L. & B. Co
William J. McCauley
Chas
E. Hauser
Mary Schlunt
Theresa Schlunt
Enterprise B. A. Co
Frank Stoy
Edward Stoy
Bessie B. Bowers
Anna L. Arnold
Charles J. Holmes
Lincoln Bay Verein
Dwight R. Lathrop
Enterprise B. & L. A. Co
Cathrine’ Hildebrandt
International L. & L. Co
Anna L. Ko
M. K
National Citympany
Telephone
Neux
Eagle Savings & Loan Assn
Canal
Eagle Building
E. Court
Vine
Fred Tuke
Sec'y
Cooper
Claude Asiironk
Charngold Corporation
Common Capital
Channer & Sawyer Union Trust Building
Beazell & Chatfield Union Central Bldg
Claude Ashbrook & Co
Union Trust Bldg
Mercantile Library Bldg
J. Frank
Union Trust
Main
Producers & Refiners
Otis & CO
First National Bank BuilDing
J. W. Sibley & CO
Second National Bank Building
Cincinnati, Ohio
Baldwin
Chichester
Cre
Cvn
Teh
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