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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jan 17, 1908
Page
10
Fresh reports of wheat pest damage in the intersown Southwest fed a strong market. May futures rose to around 1.05, with corn and oats also advancing. Trade showed early weakness but ended near session highs as demand picked up and rumors of limited reserves supported prices.
Market notes from New York and other cities show wheat and flour prices fluctuating as receipts rise. No. 2 red and Northern futures move in narrow bands while corn and oats hold steady. regional dispatches report mixed futures with occasional gains amid heavy Argentine offerings and dampened cables.
Wheat growth is modest but improving as late sowing reduces top yield fears. Cold weather and snow would help, while corn remains moist and slow to market. Livestock marketing rises with price gaps, and interior grain offerings grow as roads improve. May wheat and corn prices flip weekly. weekly Chicago receipts show varied shifts across wheat corn and oats.
The Cincinnati Price Current reports a record week in hog slaughter with Western totals at 970,000, up from 760,000 last week. Prices hovered around 4.40 per 100 lbs, supported by good quality but soft corn conditions. Exports of hog products rose slightly versus the prior week but remained below last year. Regional packing figures show 5,610,600 hogs since November 1, with Chicago, Kansas City, and Cincinnati among listed centers.
The Cincinnati Veterinary College plans a 25 by 100 foot clinical wing at Meeker avenue and Avon Place to expand horse care facilities. A West End sale at 518 West Seventh street to Joseph Sebel for 11 000 signals growing property interest. Real estate men form Interchange Bureau committee led by William M. Hughes to draft rules and plans, meeting Saturday. A Grand and Claypool duplex to rise at 5 000 cost by August Richter. Montgomery Pike store and flat project planned by Charles Westerman. Cincinnati Bill Posting Co leases Ninth Street stable property from M. M. Robertson with option to buy at 40 000.
Continuous quiet in the pig iron market with occasional price upticks and growing buyer confidence. Production declines while consumption edges up as plants resume operations. coke markets show little change and carrying over tonnage remains into early 1908.
Special correspondence from Pineville Kentucky reports large coal land purchases totaling 225000 dollars and a 3000 acre tract linked to a six mile railroad. Mines near Pineville add electric plants and plan two more shafts aiming to 1000 tons daily by September. Oil rigs totaling around fifty appear in the region with a natural gas pipeline and a new refinery planned in Clay County.
The week featured cautious iron purchases in small lots with a 500 ton big order and a 250 ton limit. Two gray iron pipe makers bought over 30 000 tons for Feb to Apr delivery while general buying expanded to thousands of tons. Southern iron dominates the market as prices lure buyers, though production lags.
The rice market remains steady with demand matching receipts across regions. New Orleans reports a very active and strong market with rising values, while the Atlantic coast remains firm and interior areas see brisk demand and higher prices for Japanese sorts. Receipts for sacks and barrels show year over year gains and continued strength.
Charles Grimm aged 18 admitted before Judge Lueders in Police Court that he stole his mother's shoes to buy food. He said weeks of unemployment left him penniless and so hungry he gave in to theft.
A lengthy 0transfer ledger notes numerous properties and leases across the region. Entries include transfers by Neil Macneale to The Fourth National Bank and various parcels in Terrace Park, Green Township, and Anderson Township, plus numerous mortgage actions and cancellations involving parties such as Emma Durrell John Witt Amelia Boesche and Henry Parchmann with multiple adjacent streets and subdivisions named.
Washington January 14 treasury balances in the general fund exceed 263.96 million in available cash. Gold coin bullion stands at 29.72 million and gold certificates total 49.51 million.
Building permits issued for a two story brick dwelling addition at 71 West Court Street to owner John Niehaus COSL. Estimated cost 1500 dollars.
In Common Pleas Court case No 138924 J H Thompson and Son sue Caroline Wagner for 358 dollars and foreclose a lien. The filing outlines a debt claim and property lien action.
The Cincinnati Council approves a bond funded street improvement on Parkson Place to pave gutters and gutters with brick, install curbs, and roadway work. It authorizes a $3,480.43 bond issue payable over ten years at 4 percent, with annual assessments collected to cover costs and a sinking fund.
The Cincinnati City Council adopts ordinance 283 to adjust Harrison avenue from Buck street to the first angle east of Western avenue. It sets curb elevations and grade rates, detailing start points at 63.77 feet and 64.72 feet, with varying ascents and descents to reach 56.89 feet at the first east angle near Western avenue, and repeals prior conflicting ordinances. BE. O. Bathgate, President Pro Tem, signs.
The ordinance amends grade levels for Barnard Street from Harrison Avenue to the Harrison viaduct area. It specifies exact elevations and slopes for west and east curbs, including transitions at the viaduct and Ernst alley, and repeals conflicting portions of Ordinance 4273.
Cincinnati Ohio boards authorize the Public Service Board to contract for broken and crushed stone and other material to improve and repair Gladstone avenue with costs not to exceed four thousand dollars, paid from Special Assessment Fund No. 455. The ordinance takes effect at the earliest legal date.
The Illustrasted Magazine will publish a picture of the officers of the Federated Improvement Association next Sunday January 19. The Cincinnati organization attracts attention with a photo of its leaders and accompanying stories jokes and anecdotes in the Sunday Commercial Tribune.
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