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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Aug 21, 1925
Page
10
Wheat futures eased in Cincinnati on August 20 1925 as frost concerns in Canada tempered activity. Market held steady for No 2 red winter near 1.74 to 1.76 with cash bids firm from mill buyers. Corn oats and hay sold modestly with limited demand while receipts remained light officials noted a dull overall trading day.
Directors call stockholders meeting for Thursday September 10 1925 at 12 noon in Room 1401 Traction Building Cincinnati Ohio to consider sale of all street railroads and lines in Hamilton and Butler Counties Ohio and to assent to a June 15 1925 contract with Cincinnati Street Railway Company signed by Charles P T George W Taft Robert A Taft Samuel also Hamilton Traction Company
Chicago grain prices closed mixed with wheat down about a penny from the prior night. September and December wheat both quoted around 1.59 1/2 while corn and oats posted slight declines or little change. Lard and ribs futures traded near session lows with modest losses.
New York money markets show call money steady at four percent with bids and offers around four percent. Time loans mixed with collateral sixty nine percent across segments, prime commercial paper at das percent. Bar silver quoted at seventy percent, Mexican dollars at 54 4 cc. Ounces and short bills rates noted with various discounts and percentages.
Official New York Curb Exchange list shows total stock sales of 319 800 shares and bonds at 700 000 dollars. Readable prices span Allied Pkrs Industrials to Tokyo Electric 6s with numerous figures for dozens of firms, including Proph Co, Ford Mfg, Crescent P L, and Gulf Oil.
Receipts and shipments for 24 hours show cattle and sheep easing. cattle demand dull with most stock carried over. Calves strong with top at 13.50 per cwt. Hogs and sheep markets improved in spots, with prices rising for heavier hogs and steady to lower sheep values. Local totals: 1,850 cattle offered, 1,818 fresh arrivals, 1,163 held over.
Bank clearings totaled 10,576,079 with loans to brokers and bond dealers at 4 to 5.4 percent. Cincinnati Stock Exchange floor trading reached 3,856 shares with notable movements in Am. Rolling Mill, Procter & Gamble, U S Ptg & Lith, and Ohio Bell Tel among others. Foreign exchange and bond listings show varied quotes across multiple currencies and securities.
Minneapolis market report shows flour up 15 to 25 cents to 8.85 to 9.00 per barrel. Wheat and corn futures listed with deliverable month prices and notes for oats and flax values. Local figures reflect ongoing volatility in agricultural commodities.
Oil City reports credit balance three dollars thirty cents. Runs reach 71,860 barrels with an average of 40,867 barrels. Shipments total 84,924 barrels with an average of 68,659 barrels.
New York August 20 The cotton market showed quiet trading as traders awaited the government crop report. December contracts traded 23.51 to 23.58 cents and closed at 23.53 cents. Overall market eased 5 to 7 points with exports totaling 929 bales and season totals rising to 141,812 bales. Port receipts reached 10,208 with United States stocks at 214,839 bales.
Chicago August 20 butter market remains fully steady with prices quoted around 92 to 90 score for fresh examples as buyers and sellers continue to gauge demand, producers report stable quality and supply.
New York August 20 report lists foreign exchange rates with buy and cable values. Provides demand and cable figures for France Italy Belgium Switzerland Holland Germany Austria Greece Sweden Norway Denmark Czecho Slovakia Poland Finland Romania Yugoslavia Bulgaria Japan Hong Kong Shanghai Mexico Canada Havana Venezuela and others.
The Federal Reserve Bank of Cleveland announces its evening statement of condition listing total reserves at 306 677 000 with gold totaling 299 186 000. Liabilities show Federal Reserve notes 210 236 000 and total deposits 185 183 000. The reserves to notes ratio stands at 77.6 percent, up from 75.1 percent last week.
Thousands gathered in Falmouth for the eastern Dixie Highway opening, christening Harvey Myers as “Dixie Myers.” Speaker Senator Ernst praised Myers’ role, noting the road links North and South and benefits for Pendleton and Kenton counties.
Earl Ashorn of Cincinnati was dismissed on a highway robbery charge by Magistrate Alfred G. Maybury after arrest in connection with the June 30 Holdup of Harold Protting at the Johns Hill farm in Campbell County. Protting lost 800 dollars and 900 dollars in jewelry but could not identify Ashorn.
Ora Garretson of New Port climbed into a parked car I the back seat and stayed. Owner Fred Plageman drove him to police headquarters where Detective Fuller found a half pint of liquor. Garretson faces Magistrate Alfred G. Maybury on drunkenness and possession charges.
The Rev. Robert H. Tolle, pastor of First Baptist Church of Poin dexter Kentucky, was installed as moderator after election during the ninety ninth annual Campbell County Baptist Association meeting. Hubbard Schwartz retired after two years as moderator. E C Hutton Newport was re elected clerk and Albert Brown Alexandria became treasurer. A telegram urged Governor Fields to back repeal of legalized race track gambling.
Ohio records reveal multiple new corporations across cities like Fostoria Norwalk Columbus Cincinnati Lima and Cleveland with capitalization ranging from 500 to 83 000. Key incorporators include Tracy Lacost George Powers Earl Mead and others forming East North Street Lumber Company and Doughty Feature Advertising Corporation among others.
Judge Moore warned two elderly women to keep the peace as Mrs. Joseph Boyle, 68, faced breach of peace charges. Mrs. Fanny Ware, 84, testified, claiming Boyle used a wash line and tabs during a Tuesday dispute in their Seventh and York streets building. Boyle denied the accusation and said Ware caused trouble. The case went to the open docket. A separate carnival incident led to fines for George Thomas and Fred Smith for disorderly conduct. The Rev. William Gregory returns to preach at Grace Church as Kentucky conference plans are announced. The Rev. W B Harvey will speak on William Jennings Bryan. A motor-travel report notes Gregory’s return from a long trip. Stolen goods valued at $55 from Howard Morgan’s Cold Spring home, while John Higgins’s York street home shows a forced front door with no items taken.
Edward J Bodenstein transfers a Newport lot to William E Hoff man for 6000. Chester W Dorsey sells Highlands Baby Farms lot to Clarence Quatke meir for 4000. Highlands Real Estate to Dorsey for 500. Charles J Macht to Joseph Krebs Highlands Baby Farms lot for 7000. George C Ware to Herman Krumpelman Ft Thomas lot for 2000. Albert B Howe to Ware Ft Thomas lot for 2000. Frank J Ketterer to Walter A Geiser Dayton lot for 3500. Henry Swaite to Ketterer Dayton lot for 2000.
A compact listing of residents including Elizabeth Paulin of Cincinnati Dominic Picciano of Cleveland Ohio Ann Perakovic of Cincinnati Arthur D Doughman of South Lebanon Verla Price of Cincinnati Nelson Hutchinson of Covington and Lena Sowders of Cincinnati.
George R Muncey aged 68 died of heart disease on a Main street car and was taken to Dr. Pieck’s office where he was pronounced dead. Coroner Stephens ruled the death due to heart disease. He worked twelve years at the Gibson barbershop and is survived by his widow two sons and a daughter.
The Fields Motor Company of Poor Fork Harlan County Kentucky filed for voluntary bankruptcy in the U S District Court listing assets of 30 155 and liabilities of 37 571. Elmer W Percival a laborer of Mt Vernon Kentucky filed a similar petition with assets of 510 and liabilities of 2 410.
Louis Daller, 50, of Ripley Ohio, in serious condition at General Hospital after a skull fracture. He was found on Vine Street near Sixth by an independent taxi driver and recalls only wandering Vine Street with about $80 in cash in Cincinnati a week earlier. He later had only $5 on arrival. doctors say he has a chance to recover.
Lee Pangleton 26 of 24 West Sixth Street Covington fired five shots injuring Detective Roy Hall 24 as he investigated a disturbance near Fourth and Main. Pangleton was captured by Policeman Curtain after a chase. Birdie Johnson 25 was later arrested for disorderly conduct amid conflicting gunfire reports. Officer Hall was treated at Elizabeth's Hospital for a bullet wound just above the lung and listed as not in serious condition.
Latonia mourns Mrs. Catherine Hoffman Twenty 77 who died at home after a long illness. Her life in Latonia spanned decades amid family tragedies including multiple son and husband deaths. Survived by Fred Taventy three daughters and a sister, funeral at St. Mark's Lutheran Latonia.
Judge M. L. Harbison of Kenton Circuit Court ruled Erlanger’s bus license ordinance void. It enjoined Erlanger Police Judge Henry Chil dress from trying bus owner A. C. Riggs for license failures. The order held the measure sought a vehicle tax on small buses carrying five or fewer passengers.
William Slomer of Covington is held on 200 bond awaiting Kenton County Grand Jury action on a charge of operating a bus without proper certificacy. He co-owns a Covington Ludlow line and is alleged to ran his bus to the Erlanger dog races without a license on the State Highway Commission.
Names and residences of couples granted licenses include Linn Hopkins Blanchester Ohio and Ethel Blevins Morrow Ohio. Virgil Woodall Reading Ohio and Minnie Whitaker Reading Ohio. Everett Turner Reading Ohio and Anna Arthur Reading Ohio. William J Conirad Reading Ohio. Mary Marie Warren Springfield Ohio. and an entry for Springfield noted as a cinco.
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