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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Dec 30, 1908
Page
10
A year end review notes 1908 saw a sharp recovery after the 1907 financial storm. Declines in trade eased as confidence returned, wages steadied, and lending loosened. Despite higher farm values and robust crops, cotton prices fell and foreign trade shrank, with increase in failures but fewer bankruptcies.
An analysis discusses farm yields and values after the 1908 panic, noting shifts in egg and grain markets, labor hours, and price levels. It examines how optimism in stocks contrasts with limited gains in industry, the impact of high trade costs, foreign demand, and tariff prospects for 1909, and forecasts for rail investment spending and money markets.
The Common Pleas Court convened a special session under Presiding Judge Bramwell with judges Lckson Cushing Swing and Gorman to hear business in rooms 1 through 9. Actions covered include reappointments of staff, examiner appointments, civil damages related to a hospital site blast, and injunctive orders against rock plastering. Several divorces were granted in the Superior and Criminal Courts with various defendants and outcomes noted.
A long column itemizes transfers of land and parcels in multiple townships and cities, naming individuals and organizations such as Margareth At oer, The Commiers of Bee County, and City of Cincinnati. It also lists mortgages filed and canceled, with numerous lot descriptions and road widening deeds across Hamilton, Columbia, Colerain, and Norwood areas.
A legal note reports Anderson of Tennessee facing a $46,004 claim in a suit against Messinger, with a reversal request and unnamed financial penalties discussed. Also mentioned are a $6 fine, and a withdrawal of a lemon oil labeled White Cap Flavors from the market amid mislabeling allegations.
Building Inspector Kuhlman issued a permit to the Orpheum Theater Company to erect a one story brick and stone picture theater at 931 and 933 East McMillan Street Walnut Hills. The project is priced between 22000 and 25000 dollars and work will commence immediately. John J Ryagg requested the permit.
Public health guards cost the government 15 million dollars as part of a reported budget item. The note highlights a financial figure tied to health protection efforts.
The weekly health board shows 116 deaths and 8 stillbirths, total 17 percent. Heart disease leads with 16 deaths, consumption 12. Infectious diseases record 60 cases and 19 deaths, down from last year. Consumption accounts for 12 deaths and 27 new cases, with doctors unaware consumption is reportable.
Experts from New York with Virginia and Michigan actuaries are examining Union Central Life Insurance Company blocks. The state department notes the firm ceased nonpaying policies, with about 53 thousand dollars in such business, a general surplus near 2.5 million dollars, and stockholders claiming about 1.0 million as profits. Attorney General Ellis filed to stop issuing new stock, and books are being audited to determine the companys standing.
The Law and Order League urged the city to cooperate in suppressing crime represented by a colored men block. The report notes organized efforts and calls for public support and action yesterday.
Notice announces sealed bids due February 1 1909 at noon for Oakley Ohio bonds totaling 778.0 issued January 5 1909 to fund cement sidewalks on Webster and Williams avenues under Ordinance No A-246. Bonds pay 5 percent interest, mature 1 to 10 years, sold at par plus accrued interest. bids must include number of bonds and gross bid amount with a 5 percent certified check. The village may reject any bid. Oscar Kosche Clerk.
Funeral services for Judge Albert Paddack were held at the home of his son Hawin at 740 Considence Avenue Price Hill. Magnolia lodge of Odd Fellows and Company No 3 veterans of the volunteer fire department escorted the body to Spring Grove cemetery for burial.
The London tin market closed lower while copper rose in London futures and the local tin market stayed steady to dull. Lead and spelter prices showed minor shifts with mixed domestic quotes from New York and St. Louis reports.
Special cable and telegraph changes show wheat supplies increasing across the United States east of the Rockies by 1 008 000 bushels and in Canada by 464 000 bushels. Total United States supply rises by 1 472 000 bushels with oats and steel figures noted. several reported figures are uncertain.
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