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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Apr 30, 1908
Page
9
Cold Southwest weather and Northwest milling shortages push Chicago grain higher. July wheat gains to 87% to 88% as prices recover after early losses. corn and oats rise with firm close. Provisions rise with hogs, lard, and ribs up amid strong demand and shifting contracts.
New York reports for flour and wheat show receipts and exports with firm to steady prices amid weather and crop concerns. Grain markets across Baltimore Toledo Minneapolis Duluth Milwaukee Kansas City St Louis reflect mixed activity in wheat corn oats and related products with several futures closing higher.
Prices and receipts for butter cheese eggs and poultry in New York and Chicago markets. Butter steady to easy with varying receipts. eggs show strength at market firsts. cheese weak. turkeys and broilers priced per dozen and pound in city markets.
Redmond & Co reports that the past week shows improving bond conditions driven by large issues including a $40 million Pennsylvania international loan and a $25 million Interborough Rapid Transit issue. Philadelphia bids $39 million for a $5.875 million loan, with strong demand and high bids. Norfork & Western, Boston & Albany, and Chicago Indiana Southern notes reported sold. call money steady and gold exports totaling $9 million. The firm forecasts a sharp general business upturn as corporations regain borrowing capacity.
Receipts in Cincinnati show liberal cattle and hog numbers with price swings from lower to steady. Cattle demand opened strong for light grades, cooled to ease, with most classes steady or lower. hogs rose on stronger local demand and higher prices elsewhere. sheep and lambs held near week’s levels.
The market shows moderate hog numbers with overall western packing at 380000 this week, 370000 prior week, 405000 two weeks ago, and 520000 last year. Prices near week end average about 5.45 per 100 lbs with markets steady, export clearances fair, and demand quiet. ledgers list Chicago prices for May deliveries and green meats at Chicago values, plus regional packing totals to April 20 comparing 1908 to 1907.
Weather shifts bring lower temperatures and heavy rainfall with little crop damage. Reports from our correspondents show good winter wheat growth, expanding grain, and favorable conditions in the Northwest for spring seeding. Wheat and corn prices at Chicago reflect modest weekly changes amid strong receipts.
The New York dry goods market reports a broader distribution and a tightened production. Prices fall on heavy cotton goods and large silk piece goods have sold at very low prices. Hosiery and underwear agencies show modest gains as buying improves with a confident market sentiment.
Henry Clews of Henry Clews & Co received a letter from Viscount Kaneko announcing the imperial decoration awarded by the Emperor of Japan in recognition of his services. The decoration will be conferred soon by Ambassador Takahira in Washington.
In New York on April 29 a circular to Cincinnati New Orleans and Texas Pacific Railway stockholders offers subscription at par for 10 000 shares of 5 percent cumulative preferred stock. Proceeds will fund improvements as the company, controlled by the Cincinnati Hamilton and Dayton and Southern Railways, wrestles with defaulted notes and a receiver in the Cincinnati Hamilton and Dayton.
The River column lists scheduled departures from Charleston and Maysville with times for couriers and city lines, noting variations by city and day. It also reports the Ohio River at Cincinnati falling to 22 feet 6 inches as of 6 p.m. yesterday.
The port saw heavy freight departures yesterday with The Courier The Greenland and other packets sailing to Maysville Madison Louisville and Charleston Weather and river forecasts note a continuing fall with rain absent The Greene Line steamer Greenland leaves at 5 p m The Courier at 11 p m The Kentucky at 5 p m and City of Louisville at 5 p m A towboat Convoy and other coal tows arrived overnight The Virginia sails to Pittsburg next Saturday at 5 p m
Reports from Pittsburgh Wheeling Madison Louisville Cairo note river depths and weather cooling. Island Queen carries excursion to Vevey. The Ford Herald and Reaper depart for Memphis and Upper Ohio respectively with crews named.
The Montgomery Freight Bureau sues several railroads alleging discrimination from Ohio River points to Montgomery in favor of Mobile and Pensacola. The Interstate Commerce Commission heard the complaint with Commissioners Clements and Clark presiding. Railroads represented by Judge Re D Baxter. Freight Bureau manager Kealhofer testified Montgomery is bypassed though goods travel 150 miles to reach areas near Montgomery and grain and hardware face entry barriers. A fair differential is urged.
Washington on April 29 reports today’s Treasury balances in the general fund exclusive of the $150 million gold reserve. Available cash balances total 026,717 with gold coin 14,729,964 and gold certificates noted.
Fragmentary 1908 Ohio constitutional texts propose amending Article II sections on bill passage and governor review, Article XII finance tax exemptions, and Article II timing of General Assembly sessions, detailing voting thresholds and fiscal provisions with certified exemplified copies by Secretary of State officials.
Sealed proposals from suppliers are invited by the Office Chief Commissary Chicago for furnishing fresh beef and mutton to the U S Army subsistence department. Submissions due May 1 1908 at 11 a m with deliveries to Forts Brady Wayne Sheridan Rock Island Arsenal Fort Thomas Canton Fort Benjamin Harrison and a Canton post for six months starting July 1 1908.
The Scranton Road Lumber Company Cleveland 25000 by George V Brown Co H Foote John H Hogg C T Kirk and L E Yaggs The Masonic Temple Association Xenia by H H Conklin E Reynolds E B Cox H H Emery and P H Flynn Young Men s Institute Reuben R Springer Council No 176 Cincinnati by William F Ray William R Steltenpohl Gerhard Wieson H W Kotter and Charles A Hegedorn The Hawgood Steamship Company Mentor 205000 by William A Hawgood A H Hawgood W W White B W Sarp and N B Snavely The Wilder Realty Company Cincinnati 30000 by 8S H Wilder H C Wilder Edwin F Wilder F M Wilder and Aaron A Ferris The Queen City Hide and Skin Company Cincinnati 10000 by Samuel Fruhauf H K Fruhauf Henry Fruhauf Charles Longini and Joseph L Mayer
New Orleans April 29 price note shows cotton seed oil priced as prime at a quoted rate for trade and market reference with no further details provided.
Legal ad announces sealed proposals from bidders for one year and five year terms to collect remove and dispose of garbage dead animals and animal offal in Cincinnati. Bids due May 7 1908 with a $10000 bond or equivalent deposit. Openings at City Clerk and read in bidders presence. Edwin Henderson City Clerk.
The Board of Public Service of Cincinnati invites sealed bids by May 7 1908 for labor and materials to improve Harrison Avenue from Queen City Avenue to the west line of Lot 27 Plat 2 J S Luckey grade granite curbs crossings granite blocks drains basins and reef walls plans on file. Each bid must include full names and a $5000 bond or certified check guarantying contract execution. The board may reject any bid. April 22 1908 John J Wenner Clerk.
Sealed bids for Lyons street improvement from Clifton avenue to Moerlein avenue include grading limestone curbs brick paving and drainage basins per plans on file. Bids due 12 noon Thursday May 14 1908 with six hundred dollar bond. board reserves right to reject any bid.
Notice to contractors for erection and completion of heating plumbing and electric work and blackboards for a Madisonville village school. Bids due May 15 1908 at 7 30 p m. Bonds and certified checks required.
Chief Quartermaster's Office in Chicago invites sealed proposals for 34 306 cap ornaments bronze 18 460 cap ornaments gilt 60 550 collar ornaments gilt and 1 137 890 collar buttons bronze with 20 to 50 percent quantity increases. Bids due May 12 1908 at noon with preference to domestic manufacture and standard samples available.
Noon Thursday May 7 1908 bids due for labor and materials to improve Bry ant avenue from Middleton to Whitfield including grading limestone curbs granite circular curbs paved gutters macadamized road and drains per plans on file. Bid sum five hundred dollars or a certified check. April 22 198.
Noon on Thursday May 7 1998 bids for Dury avenue improvements from Forest to Northern avenues. Plan includes grading sandstone and granite curbs limestone crossings brick gutters macadam roadway plus drainage basins at $4000. Bid acceptance would follow Board of Public Works order.
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