Short-Interests Firm Tone Quoted In Market Brief
The note describes a firm tone in short interests with higher quotations. Traders survey demand patterns as investors weigh near term volatility and potential catalysts influencing equity positions.
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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Dec 24, 1908
Page
9
The note describes a firm tone in short interests with higher quotations. Traders survey demand patterns as investors weigh near term volatility and potential catalysts influencing equity positions.
December wheat led gains with May at 1.06 and a firm close, aided by shorts covering before holidays. Corn, oats and provisions showed strength amid steady demand for cash grain, with receipts around 400,000 bushels and traders bullish on wheat’s outlook.
The report covers exchange closures in London on January 4, with prior holidays noted. It cites New York commodity prices: flour receipts 37,213, various grain futures details, and mixed movement in wheat, corn meal, rye, and barley. It mentions transport delays due to cables and a quiet option market with some higher December activity and notable receipts and exports figures from Chicago and other ports.
Judge Woodmansee reversed mayoral fines for three saloonkeepers in Delhi for Sunday opening. The ruling targets an incomplete sentence requiring a sixty cent daily credit when imprisonment is tied to nonpayment. Cases sent back for resentencing. similar suits and city authority questions loom.
The subtreasury reports a Christmas rush as the entire supply of new one dollar bills is used up and five and two dollar bills vanish in hundreds. Gold pieces remain in demand with a few thousand dollars issued. Washington limits local bank supplies to 100 dollars, though banks may order more at their expense. A large bank reportedly secured twenty thousand dollars in gold coins. Postmaster Monfort added fifty letter carriers to the normal force to speed Christmas mail delivery.
Local break goods reach 150 hhds in weekly sale led by new tobaccos. Independent and combine buyers push prices higher. bright red trash and celery leaf grades rise. In detail Farmers and Shippers, Buckeye, Bodmann, Globe report varied bids from about 10 to 21 dollars per cwt with many lots advancing.
In Louisville Kentucky the tobacco market opened with a heavy lineup and strong attendance but bidding remained fairly lively and values trended easy at early sales. Burley types and mixed lots dominated the offerings as buyers pressed for good lots ahead of the holiday period.
The Missouri Supreme Court ruled that Standard Oil of New Jersey Republic Oil of Ohio and Waters-Pierce Oil of Missouri conspired to monopolize the state oil trade. It fined each company $50,000 with Waters-Pierce allowed to continue if it proves independence by January 15 1909 while Standard and Republic must wind up by March 1 1909. The decision cites price fixing rebates and espionage tactics to restrain trade and unify the markets across Missouri.
A partially readable item notes officials would not comment as the Supreme Court prepares to issue a ruling. The fragment references a decision affecting a person named Pinel and potential commentary once the court acts.
Milford residents are set to vote on a local option measure regarding liquor sales. The outcome will determine whether permits are issued and how sales are regulated within the town limits. The election date and exact polling locations are listed in the official notices.
The Ohio Supreme Court upheld the legality of the Cleveland courthouse bond issue, affirming lower court rulings and allowing construction to proceed. It also sustained a law allowing railroads to charge an extra ten cents on train tickets in a Logan county case, overturning damages verdicts. The court released several other decisions affirming or reversing judgments across multiple counties.
A meeting of the Day Camp association and the Antituberculosis league recommended a merger. Three new seats on the Antituberculosis league board would be filled by Day Camp members. Both groups aim to relieve the consumptive and plans proceed with tag day under committee consideration.
Councilman Mullen said a prominent physician asked about rumors that a move may be made to separate the health board from the board of public service. He has heard talk but no official action has been taken.
The Salvation Army Industrial home appeals for 100 loads of wood to supply meals and lodging for men seeking work. With wood supply low, the charity urges donations for sawed wood to aid those applying for jobs.
Eugene O'Brien yard clerk for the Co H and D Railway was struck and killed by a switch engine in the Ivorydale railroad yards yesterday morning according to early reports.
William Botz a 35 year old teamster residing at 2120 Gladstone Avenue was found dead on Columbia Avenue early Wednesday. Coroner Cameron believes Botz died from exposure after likely going to sleep.
Maree Markbrett yesterday turned over two checks totaling 900 dollars to the board of public safety for the firemen and the police relief fund, with R. McLaen noted in the transfer.
A report details remarks by Kemper urging a quicker trial, while cases proceed in common pleas court. Among actions, Mary Fechheimer wins a land dispute verdict for 4800 against the city. numerous divorce filings and custody requests appear, alongside insolvency and estate matters and real estate transfers.
G D Cooper to erect two two story dwellings on the south side of Sipeey Avenue east of Woldto chat 1006. The Church Beinkamp Company to alter the storefront at the southeast corner of Fourth and Elm Streets at a cost of 1000.
Elmer Stewart a cigar store owner at 825 West Fifth and electrical worker John Shotwell faced Justice Dumont on charges of abstracting current from Cincinnati Gas and Electric wires. Stewart allegedly sought to attach to neighbors lines with gas company consent and bypassed the meter. They were bound over with bonds. other cases involving cage defendants O. E. Abel R. Rusk and N. Hirst continued.
Cincinnati Aerie of Eagles No. 142 prepares a New Year social with a New Year banquet in the afternoon and vaudeville in the evening at the Walnut street hall. Frank H. Dothe will chair the arrangements with a committee including Guaummer Beatty Schewerle Barwig Lukens Dalton Christopher Stocklin Baschang Schildering Randall Nuebben Franken and Herbstreet.
The 183000 stamps brought by the Cincinnati Antituberculogia league may run out early this afternoon if buying continues at current pace. Yesterday’s sale declined from the two prior days but remained a large day of business at the post office with strong committee satisfaction.
Dairymen from Lick Tun did not appear in court as State Dairy Inspector Dunlap and deputy Koltheff prepared to proceed. The board will question the prosecution while dairy investigations continue, with enforcement ongoing until all dairies comply with the law.
Hamilton County Commissioners invite bids for a concrete arch culvert on Salem Pike over a run near James Gallagher's place in Anderson township. Bids due Friday January 8, 1909 at 12 o'clock m. with a $500 bond. Bid forms available at the Board offices. The county may reject any or all bids. STA Y STRUBLE, President. Attest: FRED DREIHS, Clerk.
Hamilton County Ohio issues a bid call for concrete bridge work over a raceway on Lock Street in Lockland Sycamore township. Bids due January 8 1906 at 12 o'clock noon with $500 bond and two sureties. bids on Board of County Commissioners forms. The Board reserves the right to reject any or all bids. Stanley Struble president. Fred Drei hs clerk.
Hamilton County commissioners in Cincinnati Ohio announce sealed bids for the Fenton Avenue improvement from level Pike to Harrison Pike Green Township. Bids due January 22 1909 at 12 o clock noon with five hundred dollars bid bond and two sureties.
Fragmentary notice from Cincinnati lists a public sale with unreadable details and partial identifiers. The readable items indicate a sale action and local officials.
The readable fragment mentions a name or group and a political or civic action. Details are unclear but suggest a public event or vote involving an organization or community figure. Further context is needed to identify participants, place, or date.
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