General business upbeat on seasonal auto sales and agriculture
The article notes unusually high motor car sales reflecting good overall business. It also cites Western agricultural prosperity that is expected to boost demand in the near term.
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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Aug 24, 1925
Page
10
The article notes unusually high motor car sales reflecting good overall business. It also cites Western agricultural prosperity that is expected to boost demand in the near term.
Experienced financial historians warn that recent New York stock market trading shows speculative excess and possible instability. They cite past crises from 1890 to 1914 to illustrate how artificially high prices can end suddenly, while bonds and commodity markets remain muted amid fear of a collapse.
General business remains sound with better distribution and seasonal price shifts. Wheat shows dull activity as near cash tightness dominates. hog prices ease on light receipts while beef remains steady. rice faces potential Asian shortages. cotton, wool, steel, copper and lumber show little change. Auto price cuts signal production savings, freight and land boom activity persist, and 1925 construction likely to peak. Europe’s political vacation season continues with Belgium debt settled and America warned against overbuilding and over speculation.
Police chase an young thief described as a 22 year old Sheik with side whiskers who stole Fred Phillips touring car in Groesbeck Ohio. The pursuit across Vine street Erk enbrecher avenue Burnet Forest Reading ended in the business district with seven shots fired. driver believed to have fled to Covington.
The four masted schooner Victoria of New York laden with Georgia lumber went ashore two miles off Ocracoke Island NC. Eight crewmen were rescued by Coast Guardsmen using a breeches buoy. the vessel is expected to be a total loss.
The speaker argues importers should combine to counter artificial price levels, noting that such unity may be unnecessary if America maintains moderate coffee use. Sugar prices are firmer with a possible price bottom reached.
Cincinnati and Hamilton County in August show steady industrial conditions with mixed signals. Reports cite quiet midsummer trade, large corn yield prospects, increased bank debits, and several new incorporations while real estate activity remains active and prices mostly steady.
Mrs. Lillian Cross of Hurleyville, New York, who lost her son Charles in the war eight years ago, has received from France articles found in his pockets. The items include three French coins and his watch, still intact though the case is rusty and the face splintered.
In Hamilton County Court of Common Pleas case No. 195719 Charles Hesing plaintiff seeks marshaling of hens on Lot 121 Charles E Williams Subdivision and sale of the real estate with proceeds distributed. Defendant Charlotte Schweitzer residence unknown must answer by September 19, 1925. Attorneys Bates Petzhold Skirvin Cincinnati Ohio.
Court ordered sale of parcel in College Hill Miami Purchase area recorded in Plat Book 18 page 32. Property linked to deed dated April 21 1924 and mortgage 1339 page 62. Located at 1928 Cordova Avenue West College Hill Valued at 5000 dollars. Case Vine Street Cable Loan and Building Company v Frank Hammer et al. Terms cash at sale. Sheriff of Hamilton County Ohio. Deputy Fred Sperber. Attorney A Winkelmann.
City council approves Stewart Place upgrade from Chandler street to north line including grading paving a concrete roadway six inch water main and storm and sanitary sewers drains inlets and curb installations. Assessments on abutting properties paid over ten years with options for cash within thirty days. city funds remaining cost share for intersections and nonassessed portions. Public inspection noted.
The council passed Ordinance No. 311-1925 to sever Gamble Street between Cheviot Avenue and Higbee Street for sewer construction. Assessments for costs will be levied on adjacent south side parcels and paid over five annual installments with interest. Public inspection of the ordinance is noted in Cincinnati.
Pursuant to a partition order from the Common Pleas Court I will offer at public sale on the premises in Cincinnati on Thursday September 10 1925 at 2.00 o clock in the afternoon. The sale is directed by the court in the partition proceeding.
Public sale notices describe property in Cincinnati Hyde Park and Price Hill with detailed lot descriptions and terms of sale. An ordinance authorizes annexation of contiguous Hamilton County territory into the City of Cincinnati, outlining coordinates and boundaries.
Court order directs sheriff sale of two acre mortgage encumbered northeast corner tract in section 25 town 3 range 1 springfield township. Property lies along county road near van zandt road and college hill east of hamilton pike. Bank of mt healthy as plaintiff in case 192976. attorney ralph a kreimer, cincinnati. Auction set for saturday september 19 1925.
Victor H Nobis files with the Public Utilities Commission of Ohio for a certificate of public convenience and necessity to operate a motor transportation company. The proposed route extends from California Ohio along Kellogg Avenue Congress Avenue Meade Avenue Eastern Avenue Martin Street Pearl Street Broadway Sixth Street Walnut Street Fountain Square to Sixth and Broadway and back. Interested parties may request hearing information from the PUC in Columbus.
The Cincinnati City Council adopts the annual budget for 1926 including General Fund Public Safety Fund Hospital Health Public Service Park Police Relief Firemen Pension Judgment and University and Observatory funds. It directs the Clerk to file with the Hamilton County Auditor per Ohio General Code. Passed August 15 1925.
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