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Cincinnati Commercial Tribune in Cincinnati, Ohio

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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

May 30, 1925

Page

8

Pre-Holiday Profit-Taking and Bear Market Action Noted

Cincinnati stock market shows strong leadership and high levels with American Laundry Machinery hitting 104, and American Rolling Mill, Cincinnati Street Railway, and others advancing amid heavy trading. May sets a monthly record for stock sales while banks face holiday related slowdowns and money tightness.

Cincinnati CC Commercial Tribune

New York Bond Market Reports Mixed Prices and Sales

On May 29 in New York bonds posted varied high and low prices with total sales of 14.04 million dollars. Rail and industrial groups mirrored shifts from the previous day while month and year averages showed gains and declines across the market.

Associated Press New York New York Stock Exchange United States MMI Ds Bu Teomoory Fe Viscsbeisisicd Scicapreceidale AM Eis Cesbthssint Davrrcnta Aiudbineiccnesace A. Jurgen Marg Wks Gtd Bordeaux Buenos Aires Copenhagen City of Greater Prague Rio de Janeiro Czecho-Slovak Republic Department of Sevie Republic S. F Dutch East Indies French Republic Dodge Bros General Electric Japan Bank of Japan Kingdom of Belgium Kingdom of Denmark Kingdom of Hungary Kingdom of Mattes Anon Paris-Lyons-Mediter Republic of Bolivia Republic of Haiti Republic of Poland Qfueensland Kingdom of Sweden Republic of Chile Republic of Cuba BRE Euikcosunin Rio Grande Do Sales San Paulo Reeik. Sues U. S Brazil

Memorial Day Market Closures Across All Exchanges

Financial notes report all local stock and commodity exchanges banks and brokerages closed for Memorial Day. Outside markets and general business houses also shut down, reflecting a nationwide holiday closure.

Local Stock Exchange

Fifth Third Bank executives attend Ohioankers Convention in Columbus

President Charles A Hinsch and vice presidents E A Leiter Monte J Goble and J Edwards will attend the Ohioankers Association convention in Columbus from Wednesday through Friday. A large Cincinnati banking contingent will join them. Cincinnati Clearing House adopts new settlement rules effective June 1 with Return Item Exchange sessions for defective checks and zone based returns. Wall Street closes for Memorial Day. banks observe holiday. Sterns Brothers declares initial dividend of 1 a share payable July 1 to holders of record June 20. Guggenheim Ryan Syndicate declares 50 percent dividend on Congo Mines rights. Wilson & Co receivership to end in August with proof of claims due June 15. Fisher Body earnings forecast up to 8 million for last fiscal quarter and about 6.25 a share for full year.

Cincinnati Stock Exchange Cincinnati Street Railway American Rolling Mill American Laundry Machinery Common American Rolling Mill Common American Rolling Mill Preferred Charngold Eagle- Picher Common Formica Insulation Gibson Art Common Gruen Watch Parazon Refining Procter & Gamble Pure Oil United States Printing and Lithograph United States Shoe Common Cincinnati and Suburban Telephone Cincinnati Gas and Electric C., N. & C. Common Ohio Bell Telephone Kroger Wurlitzer Citizens National Bank Kemper-Thomas Common Hatfield Reliance Common Richardson Common May England France Mexico Russia Germany Reichsmarks Greece Maxwell Chrysler Motors Pan- American Petroleum Charles A. Hinsch E. A. Leiter Monte J. Goble Vic J. Edwards Fifth-Third National Bank Ohioankers’ Association Columbus Cincinnati Cincinnati Clearing House Association Wall Street New York Stock Exchange Sterns Brothers New York Financial District Chicago Wilson & Co Packers

Tidal Osage bonds redeemed. Lawyers Mortgage stock split approval sought

Tidal Osage Oil Company plans redemption on August 1 of 250,000 ten year 7 percent guaranteed sinking fund gold bonds with accrued interest and a 2 percent premium. Lawyers Mortgage Company asks stockholders to approve raising capital from 7.5 to 9 million through 1.5 million new shares at par, with holders of record August 15 eligible for one new share per five held.

Tidal Osage Oil Company Lawyers’ Mortgage Company American Gas Company of New Jersey United Gas Improvement Company

Scale of commercial failures rises nationwide this week

R G Dun reports 422 failures this week, up from 406 the prior week and 341 the year before. The increase is seen in most regions except the East where defaults fell.

R. G. Dun & Co

Railroads April earnings total 61 million down from March

Net operating income of seventy two railroads reporting April earnings aggregated 61,044,000 compared with 67,804,000 in March and 58,683,000 in April 1924. The year over year increase was 4 percent. The drop from March is attributed to March earning a larger share of the year’s total than April.

Cotton Market Stays Quiet Ahead of Memorial Day

New York traders kept prices steady as the market narrowed ahead of Memorial Day and the government crop report. The session saw Oct over 22.50 cents, closing near 22.47, with exports at 13,431 bales and U.S. stocks around 543,251 bales.

New York United States

Chicago Stocks Show Mixed Uplift Across Ranged Utilities

Chicago May 29 Armour preferred 88 Fair 34 Midwest Utilities 93 Swift Co 110 Swift International 2544 Union Carbide 6914 United States Gypsum 168% traded through the day with varied prices reflecting market activity.

Chicago Armour Fair Midwest Utilities Swift & Co Swift International Union Carbide United States Gypsum

Chicago Butter Market Holds Firm With Active Trade

Chicago butter prices firm with active trading across grades except 92 score. Fresh butter 92 score 42c. centralized 90 score 4244c. Lexington. Stockholders meet Isaac Joseph Iron Company June 23 1925 to discuss dissolution and authority surrender. Division notice Globe-Wernecke quarterly dividend 1.5 percent to be paid June 10 1925 to stockholders of record.

Chicago Cincinnati Ohio Isaac Joseph Iron Company Reading Road Ben J. I. Kaufmann Globe-Wernicke Co A. E Blaine

Also Mentioned on This Page

HUNG L. A. Parrish NEW York Exchange BO Sue WR Abitibi Rumely Pref Ahumada Bae Trodmce al. Chem BO Biol Chalmers Csesessceens Bosch Mag Cinsecection Barc Eod Orsenniinen Texpress Hide & Leather Bi. Duca Isd Aitic Bpi Ccew Tel Am. Water Works Heal Zinc Lead & Sm Archer-Daniels-Midland Armour & Co Del Oil ASOT CMBR Iss Atlantic Refining Ras Tri Vdcecoousier Tait Bog Ory Ia Sic Ces Baldwin Locomotive ISCFU Baltimore & Ohio WSCE Ila Iverdes Cervecqucinetene Bearnedass Corp. A Bethlehem Teel Ceibaaaction BO Ee Eoe CFP Cease Orreseer SOE Sasi Ca Croc Edicecisessersine Brivas Miss. Ce Bush Terminal New Bush Terminal Brooklyn Edison Brooklyn-Man Oush Bod Hicks Eis Cesdedors Verssvexnseies Brooklyn Union Gas Inccene Chceses Vves Vaesscarnos Brunswick Balke Coll Ceivenea Butte Copper & Zinc Butte & Superior Copper California Packing California Carnitas N. J Century Rib Mills Cerro de Pasco Posmeusen Chandler Motor Chesapeake & Ohio Chicago & Astom Chicago Great Western Colorado Fuel & Iron Columbia Gas & Elec Colum Cnigicuisensicapideres Commercial Te Fai Cada Consol Camael Cis Sisceiss Continental Insurance Continental Motors Corn Crucible Steel Cuba Care Sugar Detroit Edison Douglas Pectin DuPont de Nemours Rieerteen Ean Eastman Kodak Beton Axle Inciccisessessi el. Pow. & Lt. Etfs Fairbanks-Morse Famous Players-Lasky Phoenix Fire Fifth Ave Fisher Body Fleischmann Co Foundation Co Gardner Motor General Asphalt BP NE Siitceetieans General Cigar General Petroleum Ship. & Commerce Santa Fe Fabinins BR. I. & Pacific General Baking General Motors General Refract Gimbel Bros. Ginter Co Glidden Co Goodrich, B. F. Goodyear T. & R. Pref Aecnconecse West Subae Cananea Copper Gulf, Mobile & Northern de Peek Kc Hartman Corp Havana Electric Ry Helme G. W Houston Hudson Seer Neees Eeereeee Bult Sac Aneerk Reee Ave Veersey Ssesiaente Tisehese Inland Steel Ikcasssi Bal Tsonel Inspiration Copper Magnetioie Interboro Beas. Internat. Agri. Corp Business Mach Simu CO Io Sittcereondo Combustion Eng Int Harvester Co Cccus Moonset Hicinizis Marine Ubtbacondecseus Descleivers TDCI Sdeeneshntaaons Opin Perthincicnicesecsse Bats Lee Ubs Athecsi Ccs Sea Jones & Laugh Pref DOW Choiine Reese Jordan Motors Kan City P. & L Ties City Geet, Fi Ccpscdiai, Kayser, J., & Co Acros Do Pref Ou ‘elly-Springfield Sabinaeanel Bpo Kennecott Cu. Magus Lehigh Valley Liggett & Myers Lima Louisiana Oil & Ref Louisville & Nashvile Ludlum Steel Sersuinesvinne Mallingen& Ce Adicad Mantén Samar Iccis Ccccs Cisséicis Manhattan Elec Sup Manhattan Ry Mod Manhattan Shirt Manila Elec. Corp Maracaibo Maxwell Motor Ao Nceel Storres McCrory Stores Metropolitan Edison Pref Mexican Seaboard Cieces Middle States Midland Steel Prod Missouri, Kanii& Tex Meceurl Peewie Bi iii Bee Ee Montana Power Montgomery, Ward Motor Wheel Munisingwear Nash Motora National Biscuit National Clk Distillers Enam. & Stamping National Zend Rys Nevada New Orleans Tex New Yok Central New York, Chi. & St. L Bie Ont New York Ry Ctis Niag Falls Power Norfolk & Western Aaecennaire North American Ee AR Northern Pacific Orpheum Circuit Otis Elevator Babii Otis Steel Ark Owens Bottle Pacific Gas & Elect Packard Motor Paige Detroit Motor Pan-Am. Petroleum Partes & Bingham Tspd Ual Ce Pennsylvania Railroad Penn. Seaboard Steel People’s Gas Pere Marquette’ Pri, al Philadelphia Co Eae Phila, & Read Cchvescd Bioduiaah Philip Meen Ee Ee Phillips Petroleum Momory Ool Deinaniell Ossiacs Mine INCU Fierce Petroleum Reena Corsi Pittsburgh Util Wiis E. & G. Pref Public Service N. J Asia Ice Cae Ccicie Scevccc Sccecen Reading Co Remington Typewriter Raplogic Steel Isveiscreese Republic Iron & Steel Reynolds Spring Reynolds Tob Royal Dutch N. Y Peistl i Fee Wee ci St. Joseph Lead St. L. & San Fram St. Louis Southwestern Savage Panne Iencinsesi We Schulte PE Oee Nein Caccivecenret Coonpsscteses Sdaboard MII Cicietantocs Ieuitinen Perret Buig Wea Tiaiheetiie Co Telautograph Corp Tenn Cop Chem Fae GO. AG Tex. & Pac Coal & ‘Oil Weeens AMI Saal Gor I— Yi Bere Levy Leesecedese Ieee Satell Ata Schesorccren U Realty & Impro Biog Ick Williams Steel Underwood Typewriter Union Bag & Paper Union Oil of Cal UAB Encessacect Cense BP WE Hoy Union Tank Car United Cigar Stores United Drug United Fruit United Ry. Inc U. S. Cast Ir. Pipe & F Do U. S. Distributing U. S. Hoffman Mach. U.S. Indust. Alcohol U. 8S. Smelt & Refinin Do U. 8S. Steel Corp Ee Oy Ces de Universal Pipe & Rad Utah Copper Utah Sec. Corp Vg-Cae CRAM Pe Coiccis Eeeweeneen Peeeee Oan C.bidgir Cociisceisssesces Vivaudourts Bctessa Moins Bookie Weber & Heilbreinner West Penn. Co. Pref Western Electric Western Maryland Western Md Western Pacific Western Union Tet Westinghouse A. B Westinghouse E. & M Weston el. Instrument Weston el. Instrument A Wheeling & Lake Erie Ae da OE Nec White Motor Co Willys Overland Wilson Woolworth (F. W.) Co Worthington P. & M Wright Aeronautical Wrigley, Wm. Jr Yellow Cab Mfg Ceeeneenee Undi Itn Lg al DS EP MONEE Bcc de Cinche Cohoorcas Bell Tel Ist & Rfg Bethlehem Steel Con Acibensthbda Bececs Bklyn Edison Gen Buffalo, Roch, & Pitts Central of Georgia Central Pacific Western Ee Chicago Railways Union Station Chic. & Ee Cleveland Duquesne Light Empire Gas & Fuel Erie Amer Sugar Wat Wks. & el Baltimore & Ohio Rig Man California Petroleum Pacific Caroliftia Clinchfield & Ohio Central Leather Chic East Ill Northwestern Rig Terre H. & S. E. Inc Chile Commonwealth Power Dogen Federated Metals Cvt Florida & East Coast Sane Ceang Gers Wees Goodrich Goodyear Tire Rand Trunk Ry Hudson & & Manhattan Rig Humble Oil & Refining Illinois Bell Telephone Rig Cent Chi St. L N. O Interboro Rapid Transit Illinois Steel Dts Stpd Great Northern Adj Inter Marines Iowa Central Rig Kansas City Ft. S Memphis Kansas City Southern Kansas Gas & Electric Kelly-Springfield Tire Laclede Gas of St. Louis S. Liggett & Myers Louisville Gas & Ee Manati Sugar Market Street Railway Milwackey el. Re. & Lt. Se Mo N. Pr North American Edisons Northern States Power 1St Oregon-Wash St. Paul Peceie Setesichacees Missouri Pacific Fried Ck Weeaepsons Montana Power 5S Morris & Co New Eng N. Y New York Railways Ctfs N. Y. Telephone Ocal Racerso Tencor Westchester & Boston Pacific Gas & Electric Pacific Tel Pan-Am Pet de Temp BO I Dues Pere Marquette Rfg Tecee- Phila Reading C. & I ISSO BO. Ac Socsicioneschciasstec2 Pressed Steel Car Public Service of N. J Reading Cot Csincesscrsc Cederessedis Rio Grande Rock Isl Ark, & la St. Ly T.M & Se M. S Manhattan Railway Con Midvale Steel Northern Pacific Rig Oregon Short Line St. Louis Southwestern Cén K. C Sinclair Con I Oil Sinclair Pipe Line Southern Pacific Cvt Incriae de Col Southwestern Standard Gas & el Tennessee Electric Rig Third Avenue Adj S. Rubber Dar Ti Bose Tee Aay Walt U. S. Steels Utah Power & Light Virginia-Carolina Chemical Virginia Ry. & Power Virginian Railway Wabash 2d Peete Guggenheim-Ryan Syndicate Fisher Body Corporation The American Laundry Machinery Company van Leunen, Reynolds & Co Union Trust Fourth ST BeAumont Imp Brooks Co Buncombe Co N. C R. & E Grimes Co Montgomery Co Oakwood School Orange Co Palo Pinto Co Pinellae Co Fla Port Arthur Portsmouth Rockingham R.&b. Sumter Co S. C St. Johns Co Reidg Iva 1NL Provident Savings Bank and Trust Company CANAL
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