Logal Cash Wheat Falls Fifteen Cents in Market
Cincinnati March 17 1925 sharp break in Liverpool wheat prices followed by heavy liquidation and a 12 cent drop for May and 6c for July with bears in control and market very weak at closing. Cash demand vanished and corn and hay markets sagged with limited buyers and ample track stock despite USDA notes on stocks and farm surpluses.
MENTIONED IN THIS ARTICLE
Cincinnati
Liverpool
Gulf
United States Department of Agriculture
Pennsylvania
Michigan
Indiana
Ohio
Illinois
New York
South Dakota
Nebraska
Kansas
Timothy
United States Bureau of Agricultural Economics
Foreign exchange rates in New York World Service listing
New York world service reports daily foreign exchange quotations in cents. Major European currencies include London sterling 477 cables 478, France 6.1714, Italy 4.0814, Belgium 5.06, Switzerland 19.28, Holland 39.93, Germany 28.80, Austria 0.0014, Greece 1.52, Sweden 26.94, Norway 15.41, Denmark 18.15, Spain 14.19, Portugal and Hungary 0.018, Czechoslovakia 2.97, Poland 19.25, Finland 2.5214, Romania 0.48, Yugoslavia 1.61, Bulgaria 0.74. Far Eastern quotes include Hong Kong 54.50, Shanghai 78.38, 73.50, and local dollars 54.00. Other notes list Argentina 38.70, Brazil 11.25, Uruguay 97.25, Chile 11.50, Canada 99.94, Havana checks 99.93, Colombia 99, Venezuela 19.27.
MENTIONED IN THIS ARTICLE
London
France
Italy
Belgium
Switzerland
Holland
Germany
Austria
Greece
Sweden
Norway
Denmark
Spain
Portugal
Hungariian
Czecholovakia
Emand
Poland
Finland
Rumania
Bulgaria
Shanghai
Calcutta
Argentina
Brazil
Uruguay
Chile
Canada
Havana
Colombia
Venezuela
Paris
Eichisec Vas Veisereesco
India
China
Ecunibambnosecinensa Ibantene
Envebsienis
Usimenabecs Msebeioulabes
Artloom Corps
Armour
Appalachian Po
Arizona Power
Asso.g.&e. New
Atl
D. Cas
Dubilier C.&r. N
Duplex C.&radio
Durant Motors
Duz Co., Inc
Elec.b.&sh. New
Electric Ry
Eureka V. C
Elec
Federated Met
Ford Met
Cana
Freedfisem.r. Cc
Ag Hous
Adv. A
C. Adv
Grennan Bak
Grimes R.&cam
Ss Iil
Candy SA
Hazeltine Corp
Horn & Hardart
Intercon
Inter
Match Prf
Inter. Util. A
Jones Radio M
Kelvinator Corp
Keystone Sole
Lehigh P
Lehigh V. C.co
Libby-Mcn. New
Liberty R. C. S
Marconi W. Ln
Mengels Box
Mesabi Iron
Mid
W. Util
Midvale St
Del
Moore D. F
Singer Mfg
Ractis
Cal. Edison
Pear Co
Stutz Ee Sevieead
Peeterenes B
Swift & Co
Bankers
Swift Interna
Ermiodyne
Vain” Baal
Jene R. Ctfs
Tower Mfg. Co
Magnolia
N. Y. Transit
Northern P.L
Penn
Penn Oil
N.Y
Ohio
8S. & Oil Co
Ark. Nat. Gas
Carib Syndicate
Cities Service
Udtvibavens
Granada Oil
Kirk
Livingston
New
Bradford
Woodley Pet
Oil & Gas
Mining BriAcTo
Brown,Wm.Tob
Hidcuiere É Celluloid Co. Pf
Cent. P. Corp
Chap.Sacks,Inc
Chat. & Sons
Cleve’dAuto
Rose
Com.PowerCorp
Fresh.Co
Chas
Garod Wytheins Gil.Snf
J. Bonncuse Nickel P. W.i
Ohio Fuel Cor
Paige-D. M. New A
Palters. A
Pratt & Lam
Reid Ice Cream Rova Rad
Remington N.T
Seagrave Corp
G. P. Dtfssee
G.&el. New
Uv. & Pow. A
Un.Pr
U.S
Univ. Pictures
Ut.Pe. & St.As
Rad. Corp
Western Power
Eae
W. B. Piet. A
Ang.-Amer
W.i
Bignal
Hredabie WB Minice
Col
Gibson Oil
Gillita
Arizona Globe
Chine de Wiens
Rte
Eureka Brook
Cy. R.R
B. T
Music Mas
Do Pref
Oppenheim
Reo Motor Car
Shattuck Co
Une Carbide
Liberty bonds and Treasury notes market report
United States bonds trading in New York on March 17 shows Liberty 314s at 101-10, first 48 at 101-10 bid, second 4s at 100-19 bid, first 4s at 101-17, second 44458 at 100-27, third 4448 at 101-14, fourth 4%48 at 101-25, U S Treasury 4s at 100-14, and do 4s at 104-25.
MENTIONED IN THIS ARTICLE
New York
Liberty
U. S. Treasury
Gibson Art Declares Two Extra Dividends
The Gibson Art Company directors announced two additional dividends of 10 cents each on top of a regular 55 cent payout, payable April 1 and July 1 to stockholders of record March 20 and June 20. The firm earned 3.63 per share on common stock and reported over 4 million dollars in business, up from 1923. Officers and directors elected include E P Gibson Cc, R Gibson, A C Fry, W H Gibson, W H Webster, J R Gibson, J R Millis, C A J Walker, and Charles Ehien Jr.
MENTIONED IN THIS ARTICLE
Gibson Art Company
E. P. Gibson
Cc. R. Gibson
A. C. Fry
W. H. Gibson
W. H. Webster
J. R. Gibson
J. R. Millis
C. A. J. Walker
Charles Ehien, Jr
New York Curb Market Transactions Report
The New York Curb Market shows total stock sales of 445 500 shares and bond sales of 734 000 dollars. The official list for March 17 details all stocks and bonds traded on the exchange.
MENTIONED IN THIS ARTICLE
New York Curb Exchange
New York Stock Exchange
Local Bank Clearings and Stock Exchange Activity
Cincinnati reports bank clearings at 14,270,065 with lower totals than yesterday and last Tuesday. Stock Exchange floor shows 1,631 shares traded today, down from 2,884 yesterday and 2,787 last week, amid notable quotations across industrials and bonds.
MENTIONED IN THIS ARTICLE
Cincinnati
New York
Cincinnati Stock Exchange
Trans
Island Creek Coal declares extra dividend and preferred payment
Island Creek Coal Company announced an extra dividend of $1 a share on common stock for the fourth quarter, plus the regular quarterly $2. the preferred dividend of $1.50 was also declared. All payments are payable April 1 to stockholders of record March 26.
MENTIONED IN THIS ARTICLE
Island Creek Coal Company
American Radiator 1924 Profit Sees $11.15 Million Net
Net profits for 1924 totaled 11 153 728 after taxes, interest, pension funds and depreciation. Earnings per share on 31 064 025 common shares came to 8 58. The preferred dividends were covered.
MENTIONED IN THIS ARTICLE
American Radiator Company
Utilities financing under way as power use rises in commerce
Negotiations for large public utility financing are reported amid rising electric power use for business. A new bond issue led yesterday by a $15,000,000 Niagara Lockport and Ontario Power Company first mortgage and refunding 30 year bonds, series A, priced at 98 14 to yield about 6.10 percent.
MENTIONED IN THIS ARTICLE
Niagara, Lockport and Ontario Power Company
First Mortgage
Cuyamel Fruit Company
Cortes Development Company
Hey
Republic of Honduras
Cayamel Steamship Company
Wright Aeronautical reports 1924 net income and sales
Wright Aeronautical Corporation shows a 1924 net income of 432,324 dollars or 1.70 per share on no par value stock, up from 826,582 dollars or 1.31 per share in 1923. Net sales amounted to 2,266,863 dollars, slightly below the prior year.
MENTIONED IN THIS ARTICLE
Wright Aeronautical Corporation
Cuyamel Fruit Company
Cortes Development Company
American Felt Company Declares Extra Dividend
American Felt Company of Boston Mass declares an extra dividend of 1 percent on common stock with a 16 record date. A regular 5 percent dividend was paid on January 1 of this year.
MENTIONED IN THIS ARTICLE
American Felt Company
Boston
Mass
Trade with Latin America Nears Two Billion Mark
National City Bank reports merchandise exchanges between the United States and twenty Latin American Republics rising to nearly two billion dollars. Trade value grew from 751 million dollars in 1924 to about 900 thousand more, reflecting a marked increase in regional commerce.
MENTIONED IN THIS ARTICLE
United States
National City Bank
Canada Surpasses U S in February Newsprint Output
Output of newsprint in Canada for February exceeded that of the United States with 185 824 tons versus 113 831 tons. The report highlights Canada as the leading producer for the month in the North American market.
MENTIONED IN THIS ARTICLE
Canada
Uni
United States
American Gas declares 22 percent stock dividend and 1 percent cash
Directors of the American Gas Company announced a 22 percent stock dividend from surplus payable in common stock to holders of record March 31. The regular quarterly cash dividend of 1 percent is authorized with the new stock included.
MENTIONED IN THIS ARTICLE
American Gas Company
Cleveland Firms Named in Ohio Mortgage Filings
Modiste Realty Company Cleveland 10000 by Perry L Graham and Neath W Wilson Bened Inc Cincinnati 1000 by Ben L Heidingsfeld and E G Heidingsfeld Euclid Avalon Company Cleveland 10000 by H A Hibbert and M Mergner East 142d Street Improvement Cleveland 500 by H Wille and J Woods Federal Appliance Sales Company Cleveland 10000 by A B Cranaton and B Jennings Gauer & Gauer Inc Youngstown 500 by Edward H and Albert J Gauer Continental Steel Products Company scenesvown 10000 by C E Heil and Ben uth Side Furniture Company 500 by M J Grimes and G F Hammond Wiilesakeshore Inc Cleveland 500 by Wille and W Woods No 319 Broadway Company Cleveland 500 by K T Siddall a McDonough Williams County athanean Beene Bryan 30000 by J B and Lotta M Warren Ohio Musicmpany Loan 500 by Gerald Mann and G D Johnson Interstate Terminal Waodiengs Cleveland 500 by I W Sharp and J Kellogg
MENTIONED IN THIS ARTICLE
Columbus
Modiste Realty Company
Cleveland
Perry L Graham
Neath W. Wilson
Bened, Inc
Cincinnati
Ben L. Heidingsfeld
E. G. Heidingsfeld
Euclid Avalon Company
H. A. Hibbert
M. Mergner
H. Wille
J. Woods
Federal Appliance Sales Company
A. B. Cranaton
B. Jennings
Gauer & Gauer, Inc
Youngstown
Edward H
Albert J. Gauer
Continental Steel Products Company
Scenesvown
C. E. Heil
Ben
Uth Side Furniture Company
M. J. Grimes
G. F. Hammond
Wiilesakeshore —— Inc
Wille and
W. Woods
Broadway Company
K. T. Siddall
McDonough
Williams County Athanean Beene Bryan
J. B
Lotta M. Warren
Ohio Musicmpany
Gerald Mann
G. D. Johnso
Interstate Terminal
Waodiengs
I. W. Sharp
J Kellogg
Columbus Stocks March 17 Market Update
In Columbus on March 17 Cities Service common 186 and 189 access a price range, Cities Service preferred 81% to 82 1/4, Pure Oil at 26 percent.
MENTIONED IN THIS ARTICLE
Columbus
Procter & Gamble declares quarterly dividend on preferred stock
The Procter & Gamble Co announces a regular quarterly dividend of two pence on its Eight Per Cent Preferred stock, payable after April 15, 1925 to holders of record at the close of business March 25, 1985. Transfer books remain open. R. F. Rogan, Secretary.
MENTIONED IN THIS ARTICLE
Procter & Gamble Company
Cincinnati
Ohio
R. FS Rogan
Money Rates Climb as Call Money Edges Higher
In New York on March 17 call money rose to 4 percent with lows at 3 1/4 percent and the ruling rate at 4 percent. Call loans against acceptances stood at 3 1/8 percent while time loans held steady with 60 to 90 days at 4 percent and four to six months at 4 1/4 percent. Bar silver quoted 68 1/2 cents, Mexican dollars at mats ve QC. London quotes show bar silver at 32 1/16d per ounce and money at 3 percent with discount rates on short and three month bills around 4 1/4 percent.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Mats Ve
London
Minneapolis Flour Prices Steady After March Market Update
Minneapolis reports flour unchanged to 30 cents lower at 8.65 to 9.85 per barrel with shipments totaling 32 029 barrels. Bran ranges 23 to 28 50, No 1 Northern wheat at 1.44 for March and 1.4414 for July, yellow corn 1.02 to 1.05, No 1 white oats 38 5 to 39 gc, flax No 1 2.75 to 2.77.
MENTIONED IN THIS ARTICLE
Minneapolis
Minn
Record cattle and hog market results from multiple cities
Receipts and shipments over 24 hours show cattle at steady to firm demand with Indiana fed steers leading at $10.35 and calves strong to $12, while hogs sold steady with top around $14.65 and pigs up to $12.50. Sheep and lambs were light with prices near unchanged. Chicago reports softer cattle and hogs with large supplies and mixed results across weights.
MENTIONED IN THIS ARTICLE
Cincinnati
Indiana
Indianapolis
Chicago
Kansas City Cattle and Hogs Report Mixed With Slower Trade
Kansas City market notes 10,000 cattle very slow with better grades steady to higher as yearlings reach 11.60. Cows and veal steady to higher with tops around 10. Heavy steers and stockers uneven. Hogs receipts 7,500 with most sales near 14.38 to 14.25. Lambs 16.40 top, and ewes around 10.15 with some weakness.
MENTIONED IN THIS ARTICLE
Kansas City
Dividends Declared by Various Firms in New York May 17
National Bank declares 4 percent quarterly dividend payable April 1 to stock on record March 26. Philadelphia & Western Railway 1-14 percent preferred payable April 15 to stock record March 31. Joseph Dixon Crucible 2 percent quarterly payable March 31 to March 25 record. Northern Indiana Gas and Electric 1 1/2 percent Class A preferred payable April 14 to March 31 record. Barnet Leather 1 1/2 percent preferred payable April 1 to March 30 record. Tobacco Products 1.50 dollar common dividend payable April 5 to April 1 record. Westmoreland Coal 50 cents quarterly payable April 1 to March 26 record. Regal Shoe 1.75 dollars quarterly payable April 1 to March 21 record. American Gas stock dividend 2.21 percent out of surplus payable in common stock to March 31 record with new certificates about April 15. Also regular quarterly 1 percent on all capital stock. Island Creek Coal extra 1 dollar common and regular 2 dollars common 1.50 dollar preferred payable April 1 to March 26 record. This marks the fourth consecutive extra dividend of 1 dollar quarterly on common.
MENTIONED IN THIS ARTICLE
New York World News Service
New York
American Exchange
National Bank
Ular
Philadelphia & Western Railway
Joseph Dixon
American Gas Company
Island Creek Coal Company
Tobacco Sales Strong as Season Pauses Until March 26
Burley tobacco sales were strong yesterday with Kenton Warehouse reporting 63,045 pounds sold at cash value 10,588.40 and average 19.36 per hundred. Trisate Warehouse sold 25,370 pounds for 3,502.54 and average 13.80 per hundred. No sales occur until March 26.
MENTIONED IN THIS ARTICLE
Burley Tobacco
Kenton
Trisate
Wheat Plunges Sharply in Chicago Markets
In a highly volatile session Chicago wheat slumped 11 cents then 3 more, totaling a 21 percent drop from the prior day as big traders abandon the market. May futures near 1.53 to 1.63 percent and July around 1.39 as corn and oats also fall while provisions rise. Cash prices show wheat No. 2 at 1.50 with corn No. 2 at 1.11 to 1.07 and oats around 0.41 to 0.46.
MENTIONED IN THIS ARTICLE
Chicago
Ibs
I Ee Ee
Ai His
Cotton Market extends decline with late trading rally
In Cotton New York trading on March 17 May futures slid to 26.19 cents, hit a new low, then recovered to 25.53 cents before closing at 25.42. The overall market finished steady, exports totaled 17,481 bales for the day and 6,687,200 for the season, port receipts 38,412 bales, US stocks 1,126,754 bales.
MENTIONED IN THIS ARTICLE
New York
United States
Crude Oil Runs in Oil City Summary
Oil City Pa reports crude oil activity on March 17. Cash runs total 3.75 dollars per barrel with 47 054 barrels. Average runs 48 321 barrels and shipments 115 928 barrels with average shipments 80 435 barrels.
MENTIONED IN THIS ARTICLE
Oil City
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Lill Uy Verde
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Bell Tel
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Can
Cuba Co. N.J
Pakk
PO Oeics
Det
City Gas
Dunlop T.&r
Fed. Lt.&Tr
K. C. Ter
L.mcn.&l
Manitoba
Nat. Dis. Co
P. Ser
No. Sts. Pr
St.l
Cal. Ed
St. G.&el
St. O. N.Y
Sun Oil
S.M.N.J
Utd. Oil. Pr
U.rys.hav
U.S.R
Web. Mills
Bogota
R.R. Fr
Ind. Bk. Fin
Medallin Col
Peru
N.C
Solvay & Co
Thys.i.&s.w
Chicago Grain
Safe Investments
Dixie Terminal Building
Weil, Roth & Irving
State of
Delaware
Lehman Brothers
First Trust and Savings Bank
Jeh Orleans
Hibernia Bank and Trust Company
New Orleans
Samuel Zemurray
Messrs. Price
Waterhouse & Co
Messrs
Sullivan & Cromwell
Arthur B. Schaffner
Monroe & Lemann
William St
N. Y
A. G. Becker & CO
Goldman, Sachs & CO
Ames, Emerich & CO
Hibernia Securities Co., Inc
Hertin
Division of Securities
Department of Commerce
State of Ohio