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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Oct 10, 1925

Page

9

Err Is High-Priced Industrials Again Lead Stocks

The market report notes high priced industrial stocks setting the pace with doings in utilities and light and vanadium sectors. Several equities show varied performances with investors watching notable names such as Virginia-Carolina Chemical and I. S. Tobacco amid fluctuating prices.

Cincinnati Commercial Tribun

Bull poll and hurt covering advance prices

The market showed sustained strength led by industrials and specialty issues amid short covering and bull pool activity. Detroit Edison and Chrysler posted gains while United Cigar Stores and Gimbel Bros. rallied, with traders noting easy money and steady call money around 4 percent.

Stock Trading on New York Exchange Highlights Large Volume

A snapshot of active trading on the New York Stock Exchange shows large volume with numerous issue quotes listed. Several railroads, steel makers, oils, and car companies appear among top movers with fluctuating prices and notable ex dividends and rights activity.

NEW York Exchange

New York Bond Transactions Reported Oct 9 Bond Sales Listed

Today's U S and foreign bond listings show total sales of bonds at 10 003 000. U S government issues and various corporate and municipal bonds are detailed with prices and yields. The day closes with market tallies and comparative figures against yesterday and a year ago.

New York S Stock Exchange United States Bonds

Report of the Condition of The Guarantee Trust At Cincinnati

Report of the Condition shows assets and liabilities for The Guarantee Trust at Cincinnati Ohio as of September close. The balance sheet lists loans real estate collateral other loans U S bonds state and municipal securities funds banking property and other assets with total liabilities including deposits, notes payable and capital accounts.

the Guarantee Trust Cincinnati Ohio U.S

Statement of financial condition 1925 by The Guarantee Trust Co

The document shows a balance sheet sworn by C. W. Hick cashier on October 9 1925 in Hamilton County Ohio. It lists numerous asset and liability figures including cash deposits and loans totaling 1 750 823 76 and is certified by notary Raymond J. Wilson with attestations from Melville Ritchie J B Laumann and Fred E W.

I. C. W. Hick the Guarantee Trust Company C. W. Hick State of Ohio Hamilton Raymond J. Wilson Melville Ritchie J. B. Laumann Fred E

Stock Quotations and Market Movements Highlight Day

Shares moved with no change in top quotes. Cham pion Coated Paper preferred 50 at 108 percent, Cincinnati Postal Terminal preferred 6 at 90, City Ice and Fuel 100 at 23 and 25 at 23, Eagle Picher common 220 at 35 and 405 at 35 and 3 at 35. Excelsior Shoe common 150 at 6 and 100 at 5. Globe-Wernicke preferred 25 at 86, Gruen Watch preferred 15 at 102, McLaren Products A 9 at 13, Can preferred 50 at 103, Citizens National Bank 10 at 217, Cincinnati Street Railway 31 at 36 and 14 at 36. Fifty Globe-Wernicke preferred sold at 100, demand slipping to 99, offerings down 3 to 100 at close. Money in strong demand. clearings $12,461,547. Foreign exchanges active. documentary bills for leather goods to Manila and Cuba, Sweden goods, Java mens wear, Buenos Aires printing, shipments to Hong Kong, Switzerland, Reichsmarks, Russia, Germany. Loans active. transfers to Federal Reserve banks large.

A. Parrish New York Federal Reserve Bank of New York Kresge Detroit Edison Chrysler Motors Rominent Studebaker General Motors Dodge Bros U.S. Rubber Goodrich Timken Roller Kearing Fisher Body Gabriel Snubber Gimbel Bros McCory Stores United Cigar Stores Standard Industrials U. S. Steel Baldwin St. Paul Cincinnati Wurlitzer Sinking Fund Procter & Gamble Common Dalton Adding Machine Dow Drug Common United States Shoe Preferred Whitaker Paper American Rolling Mill Common Dalton Adding Machine Common Formica Insulation Johnston Paint Preferred Kroger Grocery and Baking Common Richardson Common United States Printing and Lithograph Common U. S Whitaker Paper Common Cincinanati American Laundry Machinery Champion Fibre Hatfield-Reliance Cincinnati Gas and Electric Champion Coated Paper Cincinnati Postal Terminal City Ice Eagle- Picher Excelsior Shoe Gibson Art Globe-Wernick Common Gruen Watch McLaren Products A Can Citizens National Bank Cincinnati Street Railway Globe-Wernicke Manila Cuba Sweden Java Buenos Aires Hong Kong Russia France Germany Federal Reserve Banks

Financial notes show new offerings and bond redemptions

The By-Products Coke Corp calls first mortgage bonds at 105 on May 1 1926. American Ce Founders issues 5 million fifteen year 6 percent sinking fund debentures at 100 to retire 458 thousand due May 1 1926 and fund working capital. North American Edison markets 200000 preferred shares at 97 yielding 6.18 percent. Louisville & Nashville orders 68250 tons rails from Tennessee Coal Iron, American Bridge receives 1600 tons shapes for Crucible Steel plant. Miller & Lux arranges about 25 million in new financing. Public offerings expected of 15 million twenty year 6 percent bonds and 10 million ten year 7 percent notes. US commercial failures rise 5 percent in Q3 while liabilities drop 19 percent from last year per R G Dun. Indebtedness totals 102,351,871, down about 24 million.

Miami Copper Mid-Continent Middle States Midland Steel Minneapolis Celciccsssivarsnnn Missouri Pacific RGR Sksctadca Montana Power Inbreach Machine Montgomery, Ward Moon Motors Mother Lode Nash Motors National Biscuit National Cloak & Swit Sime Sed Facdiseseseces Beliveremsets Nat. Dairy Prod Nat. Dept. Stores Distillers Sey Nat Enam. & Stamping Ha Do Pinecones National Lead Rys New York Chi. & Bt. L. BO Es Cop N. Hay New York, Ont. & West New York Ship Bldg Norfolk Southern Norfolk & Western Lez Ansaudteat Incisvags Heseans Si Ee Ee Northern Pacific Wedge Norwalk Tire & Rub Ccccessorsvecesees CGE Tarriort Cp Lycickacs Nettssintssectace Oppenheim Colinas Arsentise Ari Orpheum Circuit Eae Otis Elevator Acific OBERG Cartonsoiin al Beera Packard Motor Paige-Detroit Motor Car Zee Pan-Am Petroleum Aan Sonenes Vo Parish & Bingham Stpd Oan Misia Sireel Athe Exchange Philadelphia Co Eel Basri Sf Phila. & Read Coal & Iron Se GM Philip Morris & Co Phillips Petroleum Aggal Sane erce-Arrow Pines Peres Petroleum al Ieee Ttsburg Oasca Pitts West Protmto Re CT Weil Eccensesnsccios Howe Sound Co Hudson & Mahattan PN Mea Ab Aedhcteiegiis Hudson Meters Hupp Meteors BAD, Comte Isedsio.sie Illinois Central Ind Oil & Gas Indian Refining CCGG Inland Steel Inspiration Copper Interborough Rapid Transit Sielins Internat. Agri. Corp Int Business Mach Ece Er Bey Combustion Eng Harvester Co Cereesisiass Hie Intertype Corp Je Wenk Tee Alcubisits Jones & Loughlin Tentor Iiss Nitirabsivan Jordan Motors Cccue Kansas City P. & L Minsioga City Bog Lernard Co Louisiana Oil & Ref Louisville & Nashville Louisville Gas & Elec Ladlum Steel Mack Trunck Do Ist Do 2d Mackay Pref Macy Derek Visas Magma Mallinson & Co Ale Manhattan Ry Gtd Manhattan Shirt Manila Elec. Corp Maracaibo Oil Exp Market Street E Marland Oil Iaan Martin Pry Metro-Goldwyn Prie Mexican Seaboard Oil Nevada Con New York Air Brake New York Canners New York Central Postum Cereal Pressed Steel Public Ser Ps Public Service N. J. Do Avbaskicke Pullman Co Punta Alegre Sugar Ee Made Centar Cid Remington Typewriter Replogle Steel Republic Iron & Steel Reynolds Spring Reynolds Tobacco Ae Labial Royal Dutch N.Y Rutland Railways Racettecressee St. Joseph St. Lewis & San Fran St. Louis Southwestern Secces Ectiaso Schulte Retail Stores Seagrave Corp Sears-Roebuck Shattuck, F. G., Co Mitchiendisch Shell Tran. & Trad Shell Union Oil O Echhases Bnecsenel PEW Simmons Co Simms Petroleum Sinclair Amer. Agri. Chem Amer Tel Ccc Amer. Water Works & Elec Carolina Clinchfield & Ohio Central of Georgia Central ,Pacific Chesapeake & Ohio Chicago & Alton East Ill Chicago Great Western Terre Haute Union Station Chicago & Western Ind Chile Copper Colorado & Southern Rig Commonwealth Power Maryland N. Y Reciscita Andes Copper Mining Armour & Co Del Canadian Northern Canadian Pacific Chicago & Northwestern Chicago Railways Cuba North Rys Delaware & Hudson Crt Denver Gas & Elec Denver & Rio Grande Imp Denver & Ric G. West Dodge Bros Dni Isolas Wismmenme Lila Det By-Products Coke Corporation American Ce Founders Company North American Edison Company North American Company Tennessee Coal, Iron and Railroad Company American Bridge Company Crucible Steel Company Miller & Lux, Inc California Landholding Company United States R. G. Dun & Co

Cash Motors stock meeting to discuss preferred stock redemption

A special stockholders meeting on October 27 will vote on redeeming all Cash Motors preferred stock on February 1, 1926 at 105 plus accrued interest. The quarter ending August 31 shows net profit of 3,840,268 with nine month total 11,183,411, and per share figures replacing prior year levels. Nash, Cash Motors president, cites a 124.7 percent sales rise versus last year. Hubert T. Parson of Woolworth notes record retail volume and confirms a $38 cash annual dividend with no stock distribution planned.

Cash Motors Nash Hubert T. Parson F. W. Woolworth Company Woolworth Wall Street

Ohio Incorporations Report From Columbus Oct 9 1920s

Ohio firms announce new incorporations including Bentley Motor Company in Youngstown with 50000, Acme Water Proofing Company in Cleveland with 50000, Broad Main Building Company in Conneaut with 50000, and several Cleveland and Cincinnati ventures. Names listed include Robert Bentley, T A Haywood, J H Miller, Harold Moore, and Frances Weldon among others.

Ohio Columbus Bentley Motor Company Youngstown Robert Bentley Robert Bentley, Jr Martyn Z. Bentley Frank D. Zug Shirleys Acme Water Proofing Company Cleveland TT A. Haywood William Hayrwood T. A. Ryan George A. Philipe Philip Caldwell Broad Main Building Company Conneaut E. Kanavel C. L. Whitney M. Bennett Illiam Fortune W. P. Sprague William H H. A. Gleason L. Chandler Company J. H. T. Miller S. L. Chandler Vee Carroll Genevieve Ryan D. A. Steele Vine Lake Company Elmore L. Andrews Thomas E. Lipeco Roland R. Foley Edward Younger H. L. Deibel M. Sewell M. F. Marmer A. Keane White Cloud Wet Wash Inc Cincinnati J. W. Crothers, Jr R. P P. Crothers W. Crothers, Sr Iha Ww. S. W George M. Crothers Wil A H Anna L. Harwick O. H. Olley Ohio Sewer Pipe Sonly Urban J Busching D. Electric Company A. H. Goldman Morris S. Galvin Illiam J. Bialosky B. E. Himmel S. A. Thorman Intertexture Development Company Akron Eather M. Reichter C. T. Petit Nina Hilbold H. A. Sullivan Selby Vinewas Developers, Inc Sydney N.galvin Joseph J. Klein M. J. Sperber M. A. Lewis A. M. Duffs

Bradstreet Report Indicates Mixed but Growing Activity

Bradstreet reports show a strong week for dry goods and nation jobbers with September higher than a year ago. Merchants hold lean stocks while bazing remains conservative and production stays brisk. Building material demand, auto sectors, and department stores show solid activity. overall manufacturing output and furniture and radio sectors trend up. collections are fair.

Bradstreet

Bradstreet's Review Predicts Early Retail Surge

Bradstreets reports from New York describe cool and snowy weather boosting clothing and shoe sales, with coal demand rising. While country trade and winter wheat planting face interruptions, jobbing and wholesale trade improve versus last year. Retail "sales" appear earlier than usual aided by intensive advertising. department stores gain more than smaller firms. Weekly bank clearings reach $10,475,081,000.

Bradstreet Associated Press New York Central West

Minneapolis Flour Prices and Grain Quotes Report

Minneapolis notes flour unchanged to 10 cents lower at 8.16 to 8.80 per barrel with 60 074 barrels. Bran selling 21.50 to 22.50. Wheat No 1 Northern 1.39 to 1.40. May 1.41 to 1.44. Corn No 2 yellow 83 1/2 cents. No 3 white 73 to 85 1/2 cents. Flax 60 to 2.61.

Minneapolis

Butter Market Steady With Unsettled Under Tone

Chicago butter prices held steady today with an unsettled undertone across markets. Fresh 92 score sold at 48 cents and centralized 90 score at 47 1/4 cents amid quiet trading.

Chicago

Also Mentioned on This Page

Doe Bieber & Heilbroner I. S. Tobacco Farner Bros. Pite Ween Otis & Co Multigraph Core Ige City Colns Cleveland Railway Fitesenes T. & Mee Dessackitinctessiive Goodyear T. A&r Ohio Bell Tel Dake Ohio Brasse B Leves Cecccecessnet Sciencesere River Raisin Paper Sherwin-Williams de Stearns Motor An Steel Bachere Ie York Coca-Cola Columbia G Columbia Carbon Erie BR. R Eas Do Fairbanks, Morse & Co Famous Players-Lasky Federal Lt. & Tract Federal Min. & Mee Abitibi Power & Paper Adams Express Ahumada Ajax ST Aeesi Vicksburg Ry Ctfs Chem Occu Pe Ori Allis-Chalmers Peoee “Sosethrisbdocheecsartelinitic Bosch Car & Fay Ams Cochexcesea Am. Express Cccsssss SPFT Himschins Am Hide & Leather Am. International Corp la France Fire Railway Exp Gafety Razer Ship. & Commerce American Smelting EOE PET Y- Cccsessechosessets Steel Prorectves Sugar Refining Sumatra del. Pr Ill. A Arnold Constable Ee Ts Asso Associated Oi Coast Line Atl Gulf W. I ROE Atlas Belding Bros Bethlehem Steel Booth Fisheries Ssesseseseee “Briggs Mfg Brooklyn Edison Brooklyn Man BEBOE Nosesercasenccsessane Brooklyn Union Gas Brown Shoe Pref Hrunswick Balke Coll Hrunswick Balke Brunswick Term. & Ry Burns Bros. A Apenseciochio Cemec Shectecones Bush Terminal Mil Chicago & Northwestern Chicago Pneumatic Tool Cccecses C St. P Childs Co Assensitte Cusetorendear Cosses Congoleum-Nairn CAGEE R.rcerccvessrees Continental Cam Continental Insurance Continental Motors Corn Products Cety, Inc Crucible Steel BO Boge Sesi Rcicen Esespesene Delaware & Hudson Leck. & Western Detroit BNR BOR Ianc BD SR de Pref Etfs Cccccrcoee Elec Elkhorn Coal Emerson Brantingham Endicott-Johnson Fid Phenix Fire Ina Ce BE Nevchenernvie Rectanastes ATP Vaccecersse Pressess Fleischmann Co Gardner Motor General Am General Baking Sacccers General Cigar General Electric Quideor General Petroleum General Refract Ccccce Gould Ginter Co Eee Goodrich, B. F., Co Goodyear T. & R. Pref Boes Ore Great Northern Pref Great Western Sugar WB Eicinien THE ASSO Ian i Yel Eenlae Seltee Tan Boone Oneal Jeesscsee Ciated Press Trans Sue Aooinense Neigettensel DOD ZUB Sre Maeel Ae Bose Issig Bing Bi Standard Oil California Standard Oil N. J ISD BOCES Neith Corere Standard Plate Glass Sterling Products Stewart Warner Speed Ccccccc Superior Steel Cccccccece Sweets Co Breeco Iich Scensogees Bps MN MB Ics Ciecdste Eee van Seks Acta Dy He” Falk Ces Racy i Diedesen Tenn Copp. & Chem Senne Car Chan, Siensv Texas Gulf Sulphur Texas & Pacific Do Coal & Oil Tidewater Oil Timken Roller Bearing Ee Epp Eal Williams Steel Twin City Rapid Transit Underwood Typewriter Union Bag & Paper Union Pacific Union Tank Car United Alloy Steel Ings United Drug United Fruit United Paper Board Indust U. 8 ECG RC Do Pref Woolworth (F. W.) Co Worthington Pump & Mach Wright Aeronautical Yale & Towne Mfg Watt Fensl B&b Onard WRALS I Wickwire Spencer Willys Overland Teatern Pacific Do Pres Vcocrosscorcoreee Western Union Tel Festinghouse Air Brake Festing Elec. & Mfg Leston Elec le la Wheeling Lake Erie White Eagle Oil Bates Mnay Ase Ames Aeasi Rove Asean Treasury Bordeaux Copenhagen Greater Prague Oslo Repub. &S Department of Sevie Dominican Republic Dutch East India French Republic Salksinde Externa WE Bascntschevesios Japan Kingdom of Denk Kingdom Oof Hungary Kingdom of Netherlands Kingdom of Norway Kingdom of Sweden Paris-Lyons-Mediter Republic of Bolivia Republic of Cube Republic of BE Ion Aciust Iniciakodiccinse Republic of Orisiakeon Republic of Poland Saxon Public Works U. K BN BR TU Aiaiecket Brazil Empire Gas & Fuel Erie R. R Florida West North Hudson & Man Eaeth Humble Oil & Ref Illinois Bell Tel Interboro Rap Northern Adj Merc. Marine Kan City P. & L Kansas City Southern Kansas City Kansas Gas & Elec Kelly-Springfield Tire Laclede Gas of St. Louis Liggett & Myers Louis. & Nash Ist Rig Baie Dognified Ee Atic Louisville Gas & E Manati Sugar Manhattan Ry. Con Market St. Ry Midvale Steel Cvl el. Ry St. Ist Minn M., K. & T. New Pr. Kien Moe Pacific Ist Istratrederdiets Montana Power Montreal Murray Body Corp Nassau Electric Con National Acme Ccccs Csssscesccdesaes New Orleans Tex Mex S. N. Y. Central Rig. & Imp. 5S Do Imp. 4% N. Y., Chic St. L. Sis L’port de Seq Pere Marduette Ris Deerereerseteerennnes Bara Lew Close Ee Port el. & Gas Service of N. J St. L San Fran Do Adj Ine Western Pacific Westinghouse Electric Willys-Overland Ist Wilson & Co. S. F Wisconsin Central Youngstown Sheet & Tubers Southern Railway Shelby Oil Cygs Nenovene Southern Pacific Cvt Toledo Edison Union Pacific Lot 46 Coon U Sani Ncatere Concein Utah Light & Traction Utah Power & Light Va.-Car. Chem. Cvt S. W Virginia Ry. & Power Rfg Virginian Ry Wabash Railroad Western Electric Western Isl Burplus
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