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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Oct 28, 1925
Page
9
Cincinnati reports show higher December and May wheat futures on gains from Liverpool prices and liquidation of eastern holdings. Demand for milling and top grades supports futures while corn and oats show firmer values. grain quotes list specific No 1–No 5 red winter prices and various corn, hay, and mill feed items.
The Cincinnati New Orleans and Texas Pacific Railway Company announces its annual stockholders meeting in Cincinnati Ohio on November 17 1925 at 11 am to elect Directors and handle other business. Transfer books close November 12 at 4 pm and reopen November 18 at 10 am. C E A McCarthy secretary.
The report lists farm commodity prices across fruits vegetables grains and meats. It covers apples grapes beets cabbage carrots cauliflower celery cherries cranberries onions potatoes tomatoes and more with track figures and quality ranges. Livestock and poultry markets are also shown including eggs calves lambs hogs and hides with price brackets and grading details.
New York totals show 605,600 shares of stocks and 1,565,000 dollars in bonds traded. The long list of stocks and bonds crosses many companies including Gen. Electric, General Baking, Penn. Coal, Union Gas, and Pure Oil with varied prices and percent changes.
Railways order heavy tonnage with 352 ton cars, New York Central placing 25 units. Chesapeake Ohio reports nine months net income of 1 977 631 and total earnings for the third quarter at 42 400 412. US Steel approves 50 cent extra dividend on common stock and 1 75 on preferred. Ford Motor Company of Canada declares 10 percent dividend payable November 15.
The Manhattan Shirt Company reports capacity production above 200 000 dozen shirts yearly and is a large maker of collars underwear and similar goods. Solway Dyeing and Textile Co of Rhode Island owns multiple plants and leases several factories. net profits averaged 12.25 percent the past decade with a weak year at 2.16 percent. For six months ending May 31 1925 net income equaled $2 a share. current assets exceed current liabilities by $5 135 958 with no debt. Capital is $1 600 000 in preferred stock and $7 090 173 in common. common dividend at 6 percent.
Heavy trading drives prices up on NYSE and other markets as West Penn Power seeks a 10 million dollar rise in authorized preferred stock. Harper Lake seat sells for 87 750 on the NY Cotton Exchange and Arthur Braun’s seat fetches 23 000 on the NY Curb. Bethlehem Steel and others receive steel rail allocations for 1926. Philadelphia Electric authorizes 585 360 new common shares raising 14.63 million cash. F A Schick named Bethlehem Steel director. Gold flows to Canada reach 12 million with 2 million more by NY Trust Company.
New York World News Service reports quarterly and special dividends from firms including General Asphalt Company Ford Motor Company of Canada Coca Cola Hart Schaffner & Marx Tidewater Oil Company and Pure Oil Company with payment dates set between November and December. Record dates range from early to mid November with multiple 1 percent and higher percentages noted. Officers and directors have been re-elected.
Columbus stock report from October 27 lists Cities Service common at 38 1 4 to 39 1 4, Cities Service preferred at 83 1 4 to 84 1 4, and Pure Oil at 27 1 4 to 28 1 4.
Chicago butter trading was dull with a weak unsettled market. Fresh 92 score offered at 49 cents and centralized 90 score at 54 or 56 cents.
Oil City reports credit balances at 3.05, with runs totaling 65 207 barrels and average runs 49 582. Shipments reach 94 176 barrels, average shipments 80 573.
Don Blake of Columbus Ohio was killed instantly when struck by a Big Four train while walking a trestle north of Springfield Ohio. The body identified by a card reading Don Blake Y M C A Russell Kentucky. Blake had left Russell on his way home to Columbus and was described as deaf.
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