Profit-Selling Checks Strong Upward Drive Of Stocks
The market closed with the largest trading volume of the week as prices held firm. New highs were reached in American Laundry Machinery and Charngold with demand rising late, while Cincinnati Street Railway and Gruen Watch shares posted gains amid scattered activity. The day featured wide list movements, a $12.25 million bank clearing total, and active money demand with foreign exchange trading up.
MENTIONED IN THIS ARTICLE
Charngold
Hatfield-Reliance Common
Cincinnati Street Railway
Gruen Watch Common
Thee Preferred
Kodel Radio Common
Cooper A
Dalton Adding Machine
Eagle-Picher
Gibson Art
Early & Daniel
Johnston Paint Preferred
Paragon Refining
Procter & Gamble
Ohio Bell Telephone
Little Miami Common
Kroger Grocery and Baking Common
Preferred
Procter & Gamblé Common
United States
Cincinnati and
Suburban Telephone
Cincinnati Gas and Electric
Ohio Traction Preferred
Second Preferred
United States Shoe Preferred
Poland
Documentary Exchange
New Zealand
Porto Rico
Ger
Closing stock list on the New York Exchange
The Associated Press reports the New York Stock Exchange closing list with total sales at 1,672,700 shares. Industrial and railroad averages are shown, along with extensive listings for numerous companies and their price movements.
New York Bond Prices And Totals On NYSE Trades
Bond market figures include highs lows and closes for U S government and domestic issues with total sales today at 13 499 000, compared with 14 060 000 yesterday and 11 322 000 a year ago. Averages for rails utilities and industrials are shown with month and year comparisons.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Enormous Wheat Selloff Dims Chicago Markets
Wheat futures tumbled sharply, dropping 4c to 11c in Chicago with May at 1.80% to 1.81% and July near 1.62% as reports of large shipments from Argentina, Australia and India sparked a market-wide retreat. Corn and oats also declined while provisions moved up modestly amid a semi panic close. Alfred Hill and Mrs Hill return from Florida as Tobacco Products Corporation plans annual and special meetings in Richmond Va to elect seven directors and consider a capital stock reduction to save Virginia franchise tax. National Leather Company to redeem $7 million notes May 15 at 101, drawing on current assets and credit lines. Western Union rally renews dividend speculation with shares at 125.14, highest since 1881.
MENTIONED IN THIS ARTICLE
Inland Steel
Ceeecseess Interboro
Rap
BOOB
Joe Eods
Cccesees Intermat
Agri, Mew Oo
Business Mach
Int
Combusstion Eng
Mere. Mearitte
Wicksel
Cscccorceene
Lsceaatadees
Rys
Cent
Tel
Jones Bros, Tea
Uossackks
Lee Rubber
Middle States Oil
Montgomery Ward
Nat. Biscuit
New
Pennsylvania Railroad
Cisisscs
Pittsburgh
Ray Consolidated Cop Do
Ces Oreo Tno
Royal Dutch
St. Louis Southwestern
Schulte Retail Stores
Seaboard Air Line
Shell Tran. & Trad
Sheth Union Obl
Sccccicicciei
Sloss Sheff
St. & Iron
Southern Pacific
Gas & E. Pref
Standard Gas & Elec
Standard Oil, N. J
de Peeie
Cacedennes Stromberg Coestne
Cinemgees
Texas Co— Tidewater Oil
Union Paper Board Rtv
Union Oil of Cal
Apod Miccnis
Union Tank Car OP Andbiidtetinnchece United
Inspiration Copper
Tel. Rts
Harvester, Ca
Oicccnccas Res
Rae
Iowa Central
Saab Nbecotacie Dihesity
Jordan Motors
Kan
City P. & L. Pre Kelly
Springfield
Deb
Me Ee, Cpoe, Incictstetece Ceata
Kinney Co
Kresge Dept. Stores
Ee Liggett & Myers
Lima
Loose Wiles Biscu Ludlum Steel
Missouri Pacific
Moon Motors
Nat
Distillers
New York Air Brake
New York, Ont. & Western
Norfolk Southern North American
Orpheum Circuit
Inss1
Eee
Pacific Gas Electric
Rh WN
Ccccniccsiacs
Bacesaccead Penn
Seaboard Steel AE
Seine Nonecisntasdch
Dudodsebaasss Duniosssipen Pitts. & West
Va Producers & Refiners
Republic Iron and Steel
Reynolds Tobacco
Simotais. Com
Ecicc
Decieccetisice
Southern Ry
Anschestndetaen Vonssa
Asso
Texas Gulf
Tobacco Products
Union Pacific
Cescue United Cigar Stores
Sescosnrestes Essets
Te Easy
Renee Sh Jewell Tea
Kansas City Southern
Kennecott Copper
Laclede Gas
Liggett & Myers Tobacco
Loew's, Inc
Lorillard Co
Louisiana Oil & Ref
Tinshi Ccteiinenescacesiies
Manhattan Ry
Maracaibo Oil
Marland Oil
Marlin Rockwell Mathieson Alkali Works
Maxwell Motor A
Do Moons
Gakincennes McIntyre Porc
Temcteg «Troeg Cot
Dacicsces
Miami Copper
Minn
St. Louis
Ae, Man
Ten
Ee PE
Montana Power
Mother Lode
Nash., Chat
St. L
Dept
Enam
Stog
Nevada
New Orleans
Tex
Mex
New York
New York Central
Chi
St. L de Prek
Ccciectrestrates Niag
Falls Power
Norfolk
Phillips Petroleum
Pierce PetTohente
Ttdancknhstein
Olle Cies Inas
Remington Typewriter
Russia Insurance Co
St. Louis & S. Fran
Sears, Roebuck
Pagal Union i
United Drug
Chicago
Argentina
Australia
India
Mae
Ncocersee
Egeer
BOP Witt
Tobacco Products Corporation
Richmond
Virginia
National Leather Company
Cotton Market Falls on Realizing Liquidation in New York
In New York on March 6 the cotton market opened with selling pressure and declined. May contracts slid from 26.10c to 25.76c intraday, ending at 25.82c as the overall market steadied with a net decline of 7 to 18 points. Export quantity reached 20,246 bales, with total season exports at 6,356,114 bales. port receipts stood at 15,675 bales and U S port stocks at 1,223,071 bales. Spinners’ net purchases were 176,432 bales, while weekly totals reached 300,816 bales, down 110,836 from last year, amid a drop in world visible supply.
MENTIONED IN THIS ARTICLE
New York
United States
Chicago butter market shows firm tone with higher prices
Chicago reports a firm butter market with price gains of 4 to 1 cent and active trade. Centralized car market up 1 cent on full 90 scores, with light supplies of 89 and 90 scores. Fresh butter 92 score at 47 1/2 cents and centralized 90 score at 47 cents.
MENTIONED IN THIS ARTICLE
Chicago
Money market rates and precious metals report
In New York on March 6 call money ranges from 3 to 3 1/2 percent with a ruling rate at 3 1/4 percent and last loan around 3 percent. Time loans hold firm with 4 percent for 60 to 90 days and 4 1/2 percent for four to six months. Bar silver at 68 cents, Mexican dollars at 52 1/2 cents. in London silver quoted at 83 1/4 pence per ounce with short bills around 4 9/16 to 4 15/16 percent and three month bills near 4 15/16 percent.
MENTIONED IN THIS ARTICLE
New York
Aoee
London
Crude Oil Runs Report from Oil City
Oil City report dated March 6 shows credit balance 3.75. Runs total 55 901 barrels with average 569 792 barrels. Shipments 93 348 barrels with average 89 085 barrels.
MENTIONED IN THIS ARTICLE
Oil City
Treasury certificates and bonds see heavy subscription in Cincinnati
The Treasury offers 3 per cent certificates maturing 1925 and 4 per cent bonds due 1944 45 are being widely subscribed at the Cincinnati branch of the Federal Reserve Bank of Cleveland. Demand resembles wartime distributions and the Dixie Terminal Law Certificates offering is fully distributed and will be allotted with a 30 percent cut in subscriptions.
MENTIONED IN THIS ARTICLE
United States Treasury
Treasury
Cincinnati
Federal Reserve Bank of
Cleveland
Columbia Gas and Electric Stock Surges to New High
Columbia Gas and Electric stock climbed to 59 yesterday amid heavy trading, reaching a new all time high. An auction on the Cincinnati Stock Exchange saw Kentucky Independent Oil Company common stock, par $100, sell at 12214 on the floor.
MENTIONED IN THIS ARTICLE
Columbia Gas and Electric
Kentucky Independent Oil Company
Cincinnati Stock Exchange
Banks Institutes Debates Railroads Ownership Question
The Cincinnati and Cleveland Chapters of the American Institute of Banking stage a March 8 debate at the Chamber of Commerce assembly hall. The question: Resolved That the United States Should Own and Operate the Railroads of the Country with Cleveland negative and Cincinnati affirmative, followed by informal reception refreshments and dancing.
MENTIONED IN THIS ARTICLE
Cincinnati
Cleveland
American Institute of Banking
Assembly Hall
Chamber of Commerce
United States
Dun's Weekly Review signals quiet trade with restrained spring demand
R G Dun & Co reports general trade quiet due to seasonal influences and cold weather delaying spring purchases. Jobbing district shows fair volume while dry goods rise slowly. Manufacturing employment runs around 70 percent, with weak collections and curtailment signals. Iron and lumber modest, money easy with loans 4-6 percent.
MENTIONED IN THIS ARTICLE
Dun’s
R. G. Dun & Co
Federal Bank Review Sees Satisfactory Monthly Trends
The Fourth Federal Reserve Bank report notes overall stability with dullness in some sectors. January production rose 8 percent from December, up 5 percent from a year ago, and 34 percent from summer 1924. Steel ran near full capacity. pig iron output jumped 90 percent from last July. Oil improved as production declined and crude and gasoline prices rose.
MENTIONED IN THIS ARTICLE
Cleveland
Fourth Federal Reserve Bank
Tobacco Opens Strong With Three Day Gap Fizzing Sale
The first tobacco sales in three days showed a strong market though quality lagged. Kenton Warehouse sold 57 795 pounds with 3 860 pounds rejected for a cash value of 10 241 55 and an average 17 75 per 100 pounds. Tri state Warehouse sold 22 655 pounds with no rejections for 8 533 06 cash and 15 55 per 100 pounds. Next sales set for Tuesday March 10.
MENTIONED IN THIS ARTICLE
Kenton
Tristate
Chicago Activity Reports Mixed Dividend Notes
Market brief shows Armour and Cudahy advances with dividend figures. Swift & Company and Union Carbide listed with percentage changes. United States Gypsum shares ex-dividend, noting price movement. The report cites trading at Chicago exchanges and analyzes overall sector performance.
MENTIONED IN THIS ARTICLE
Chicago
Armour
Cudahy
Swift & Co
Ea Etoragticael
Union
Carbide
United States
Dividend Notice and Court Parole Announcements
A dividend of one dollar per share will be sold on April 1, 1925 to stockholders of record March 21, 1925. Also notices announce a claim presentation order for International Metal Sealed Corporation and parole recommendations for inmates George Quinn and James Hewling with dates in 1925.
MENTIONED IN THIS ARTICLE
Cincinnati and Suburban Bell Telephone Company
East Fourth Street
Cincinnati
Ohio
R. ©. Hall
State OF Ohio
Hamilton County
Court ,of Common Pleas
Harry O. Roth
State of New York
M. S. Galvin
Charles P. Taft
International Metal Seaied Corporation
The
International
Pan
M. F. Galven
George Quinn
Ohio State Reformatory
Mansfield
Board of Pardon and Parole
Garver
James Hewling
Board of Pardon
Idarels
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LOGAL
L. A. Parlish
NEW York Exchange
Associated Press
Abitibi Power & P
Ajax Rubber
Sos & Dye
Cas Iipetlivanas Allis
Chalmers
Cat & Faery
Sinicaiepndens
la France Fire Eng
Neucewesnu and Pancsimianls Am
Ils
Ship & Commerce
Bebicmasskenessee PD
Pnsesgebadpebisenene Am
Steel Founders
Sugar Refining
Indenseidscens
Soccinene Rainaltaukbieel Am
Wrig
Ns Aine Ass Indis
Archer-Daniels-Midland
Tegerong
Cesscesscoeeisse
Ckessdenssen
PNEF
Secicanu
Espiesstnneesvovans
Csi Smeetseueneoes
Atlantic Coast
Panibacaneede
Brunswick-Balke-Coll
Brunswick
Term
Rd Re NY A. Ebdi Senccn
Enscent
Aia
ahidalscos antipiontinas Burroughs Add. Mach. _ Butte Copper & Zinc
Mane Shakimends SN
Dapibedoneinses RA Ics
Esuen Insentiabondes California Packing
California Petroleum
Lumet
Arizona
Calumet & Hecla
Canadian Pacific
EE Cecex
IBORE
Dasvecess Nciecieatnanens
Western
Northwestern
de Pref
Chicago Pneumatic Tool
Ciscicsinessineses
Svavsnieteantbvesign Ee
Chile
Sisatesssctanstni
Stesnsianiiallinn
Colorado Fuel & Iron
Colorado & Southern
Idocesinibaphraviboegessonis Commercial
Seee, LE
Ssceonstuidion
Altaya Cermeble Steel
Ciccessisdhisiccess
Cuba Cane
Lls
Iit Aeiad Dan
Boone Wool Mills
Davison Chemical
Delaware & Hudson
Denver, R. G. &W. Predf
Bogeroni
Pogisom
Oisiisiescceveseins
Eastman Kodak
Ee - Endicott-Johnson
Iace Amb
Famous Players-Lasky
Do Pref
Federal Lt. & Tract
Fidelity Phenix Fire Ins
Fifth Ave
Pasay Seeey
Ae Fleischmann Co
Barnsdall Corp
Bayuk Cigars
Provercesionens SM
schdesthabsneGgheceovesens Briggs M
Ccvssoc
Butte & Superior Copper
Kahan
Sckiteatilica
ROBO
Cscs
Ncisssrncerseuninn
Columbia Gas & Elec
Sss
Basendiendwaenene
RS Foo
Eysesethess Viciessere
Sickeioughicuel Cayamiel Preits
Cesssees. del
Lacks & Western
DuPont de Nemours
Fairbanks-Morse
Federal Min. & S. Pref
Xepeseescerens Scackcil
General Am. Tank
General Asphalt I II
General Electric
Se Dunne Edgr
Cere Psssinenmintrsesees
General Motors
Feebehsesschs Do
Pet
General Petroleum
General Refract
Ks Serena Ae
Gee I. Gviecicvcann Eee
Cccdsapcopnticcn
Fe Berane
Os OL
Core Sabviesce Cercent Beis Tienes Orthern Pref
Esacneead Do
Ae Great Western Ssikiaes Caee Ae Gulf, Mobile & Northern
Ree Tokk
Neaieactientia Gulf States Steel
F.c.decnn
Seus Hudson Meter Fann Hupp Motor Bhane Ebebers
Wtevsecees Mlinois Central
Cccccccceiens de Pref. & Decerecerecenes Stuevadioages Inent Oil & Gas
Tales Beting Piowindia Vincenihens Ead
Eacal
Soolien
Jar YI
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Seeeerees
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Becessses
Lee
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Breset
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Erie
Sea
Lake
Aslo Neeee
Hoffman Machine
Indust
Eesereresenersssadhzesreners Too
Realty & Improv
HER
Rsereeen
U. S. Smelt & Refining
S. Steel Corp
U.S. Tobacco
Univ
Utah Copper
Utah Securities Corp
Vanadium Corp
Virginia-Carolina Chem
Ais
Virginia Ry
Power
Wiwatadhem. Tike
Cisceragies
Sels
Weber-Heilbronner
Wabash R. R
Ee Ward Baking B
Ccsesiees
West
Baer
Wickwire
Spencer i
Willys-Overland
Wilson
Worthington
Cinca
Youngstown Sheets& Tube
Fes
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Cervssineiss Coseceseseesisen
A. Jurgen Marg
Wks
Eniccsocerccs Seconcisogesonc
Teane
Gtd. Loan
City of
Bordeaux
Rio de Janeiro
Dutch East Indies
Republic
Wwfg Sddilickes
Kingdom of Hungary
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Paris-Lyons-Mediter
Republic of Colombia
Amer
Ga Cobb
Cicqiciere
Ccesse de Pur
Ccccccee
Carolina, Clinchfield & Chio
Chesapeake & Ohio Cvt
Chicago Railways
Chic
Western Ind
Sapper
Commonwealth Power
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Delaware & Hudson Cvt
Ees
Ene
Detroit Edison Rfg
Ean
Eastern
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Fisk Rubber &S
Rackrich
Goodyear Tire
Japan
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Ry. el
Amer. Agri. Chem
F. Deb
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Wat
Armour & Co
Del
F. Gen
Atl
Coast Line L. & N. Col
Balt
Ohio Rfg
Tanidanas
Bell Tel
Ist
Bethlehem Steel Con
Brier Hill Steel
Bklyn
Edison Gen
Man
Central of Georgia
Central Leather
Central Pacific
Iisiivene Chic
Alton
Ghillicown. C
St. P
St. L. Rig
Consumers’ Power
Denver Gas & Elec
Denver & Rio Grande
S. Duquesne Light
Empire Gas & Fuel
S. Erie
Sete
Beeeeeere
Weer
Sean
Vanaf
Wee Tees
Rkoid i
Illinois Steel
Inter. & Gt
Bias
Inter
Merc. Marines
Kansas City Power & Light
Kansas City
Kelly-Springfield Tire
Lignett & Myers
Louisville Gas & Electric
Market Street Railway
New Pr
Ken
Missouri Pacific Ist
New York Edison
New York Railways
Ctfs
N. Y
Westchester & Bosto
North American Edisons
Northern Pacific
Northern States Power
Oregon-Wash
R. R. & Nay Pacific Gas & Electric
Pan-Am. Pet. & Tr
de Temp
Pere Marquette Rfg
Phila
Reading C. & I
Pierce-Arrow
Ccases Pressed Steel Car
Public Service N. J
SN i Inrcccinsmeice
Rio’ Grande West
Col. Tr
Rock
Ark
San Fran
Ken St. Paul Ps Ag Depot
EE. BO. Sabadadetnnenee Aes Sinclair Pipe Line
Standard Gas & Electric
Utah Power & Light
Virginia Ry. & Power
Warner Sugar
Western Maryland
Western Pacific
Cere Willys-Overland
Ce Do
C.secessersesercensenseneneessenaeee
Betaine Hudson & Man
Humble
Il & Refining
St.l
N.O
Stpd
Ft. S
Kansas Gas & Electric
Lake Shore & M. S
Manati Sugar
Milwaukee
el. Ry
Pacific Tel
Alkancesenscdcreenes Philadelphia Co
Port. Ry
Punta Alegre Sugar
St. Llm
St. L. Southwestern
St. Paul & K. C
de Adj
Sceecocietioidinnad Nelair
Oil Col
Ccccssepeeee
Eeeouthern
Southwestern Bell
Einiceschtivssosverceme
Third Avenue Adj
Inien Pacific Ist
Chem
We Virginian Railway
Western Electric
Eindbeschiees Westinghouse Electric
Wilson & Co
Local Securities
Am. R. M
N.&c
Baldwin
Houston Col
Oisis
Cece
Caccahosa
Abecce
Ivc
Aleeciens RS Tc
BNOE
Miale
Engleicher
Early & Daniel Co Ee
Fay & Me
Sentin United Pref
Masini
Fleischmann
Ansstakawies Re
Ate
Popu Os
Bros.-Bauer
DOW
Aisha Ideanteseh
Gruen Watch
Mamennean
Hatfi Apne Door
Bottie Cob
Johnston Paint P. « Ec
Kemper-Thomas
Iseipeee
Kodel Bao Cour Cnrrsees Escerireneessee
de Agili Na Sask
Iecunaita
Kroger Gro
Corerer
Protcker & Gamble
Pure Oil
Putman Candy
Richardson Com
Sisi
United
Wurlitzer
Bdthee Emotorce Civoce Seciswcien Cdenseacagas Citizens National
Sia
First National
Fourth-Central Trust
Lincoln National
Western Bank and Trust
Cincinnati Telephone
Cincinnati Gas Transportation
T. Py
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de Bros
Orreneee
Chicago Grain
Alfred Hill
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Florida
Mr. Hill
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Western Union
Financial Notes
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