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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Oct 27, 1925
Page
9
U S market notes show wheat futures closing higher on weather and import demand while corn and hay faced softer early prints. Prices in Cincinnati also reflect strong fruit listings with apples, grapes, and citrus moving on track as receivers push for steady sales amid varying regional supplies.
Official NYSE list shows broad stock and bond trading including Am. Locomotive Mach Am Reed Buckeye Incubator and Procter & Gamble items. Cincinnati and domestic finance notes report bank clearings 12.4 million with money in strong demand and loans rising. Procter Gamble declares 1.25 dividend per common share payable Nov 14 1925 to holders of record Oct 24 1925.
Trading on the produce market this morning was slow with thirty eight car lots sold. California grapes and Florida oranges dominated the bids while apples, lemons, and potatoes showed firm to weaker tones amid heavy supplies and lower end bids.
Phillips Petroleum announces a 54 percent year record with stock day details showing a 60 cent figure. The notice notes financial performance and corporate milestone for investors.
Phillips Petroleum operates 1200 plus oil wells across 496000 acres in Kansas Oklahoma and surrounding states. The firm, with two subsidiaries Standish Oil and Mountain States Oil, produced 200000 gallons of gasoline daily and 200637000 cubic feet of gas per day in early 1925. Net income rose to 8160780 in 1924 and 4.39 a share in the first five months of 1925. Dividends were 2 per share annually.
Enlarge demand for Canadian wheat bound for Europe lifts prices in Chicago today. Reports of large unthreshed Canadian stocks into spring add to the gains with December at 1.46 to 1.46 and May around 1.48 to 1.43. Cash quotes show No 2 hard wheat 1.59 and corn mixed around 80 to 81 cents.
Cincinnati receipts show 4643 cattle 810 carryover and heavy hog demand with 11.75 to 12.15 for heavy packers sows and 11.75 to 12.15 for hogs. Sheep and lambs small sale with best lambs around 14.50, prices steady to higher on lighter stock. Chicago notes mixed, Indianapolis hogs rising, Kansas City dull with few sales amid large supplies.
Local station lineups show WLW WSAI WKRC channel 3 4 5 detailing old time reviews navy day addresses chimes and concert broadcasts. Other stations WLS WCAU WJZ WEAF WI V NY features include Steinway Hall programs navy day segments and orchestra concerts.
A roster of radio station call letters from Central and Eastern regions includes Central-KFUO KFKX WIL WOI WOS WAMD WSUI WJAD and CNAM PWX WAHG WBBR WBAV WCAP WHAZ WLIT WMAK WOO WOR WTAG WTAM WIP.
A dense schedule lists multiple stations with nightly programs across WHAS Louisville WDAF Kansas City WEBH Chicago KYW Chicago WBBM Chicago WBCN Chicago WGN Chicago WMAQ Chicago WMBB Chicago WOK Chicago WLS Chicago WQJ Chicago and other outlets. Programs include orchestras, concerts, talks, bedtime stories, and special musical segments from 6 P.M. to after midnight with varied hosts and ensembles.
Radio listings across Cleveland Pittsburgh Detroit and Philadelphia note varied programs from orchestras and concerts to talks and studio features. Notable items include University of Pittsburgh events World Cruise Little Symphony Orchestra and Uncle Kaybee appearances with several dinner concerts and artist recitals.
New York World News Service lists European and Far Eastern currency figures for October 26. Sterling and other major currencies show demand and cable rates, with Germany Austria Greece Sweden Norway and more quoted. Japan Hong Kong Shanghai and Latin currencies also detailed.
Union Tank Car Company declares quarterly dividends of $1.25 common and $1.75 preferred payable December 1 to holders of record November 10. Phillips-Jones Corporation declares quarterly dividend of $1 common payable December 1 to holders of record November 20. Hood Rubber Products Company declares quarterly $1.75 preferred dividend payable December 1 to holders of record November 20.
NEW YORK money markets show call money at 5 percent high and 4 percent low with the ruling rate at 4 1/2 to 5 percent. Time loans steady with sixety day paper at 4 3/4 to 5 percent and four to six months at 4 1/2 to 5 percent. Bar silver at 71 3/4 cents per ounce. Mexican dollars at 54 1/2 cents. LONDON money at 2 percent with short bills at 3 percent and three month bills at 3 1/8 to 3 1/16 percent.
Minneapolis dispatch lists flour steady at 8.50 to 8.55 per barrel with shipments 1 765 barrels. Bran 22.50 to 24.00. Wheat No 1 Northern 1.45 to 1.50 with December 1.44 1.45 and May 1.44. Corn No 3 yellow 81 to 82 cents. Oats No 3 white 8 5 to 8 35 percent. Flax No 1 2.54 to 2.58 4.
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