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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 03, 1909
Page
9
Chicago June 2 Wheat set a new high for July delivery at 1.203 per bushel as bullish demand and wet Texas harvest weather influenced trade. Corn rose early on strong demand but trimmed gains, oats and provisions steady to firm. Market showed intraday profit taking and late-session firmness with several futures near the day’s highs.
Grain and provisions prices in New York and grain centers show mixed activity. Futures rallied briefly on strong cash demand before easing. wheat, corn, oats and rye quotes listed with receipts, exports, and nearby contract levels from Chicago and other hubs. Several cities report cash prices, shipment figures, and bid offers for No 2 red and Northland wheat along with futures closes for July and September.
The report lists mixed price items including Bran at 1.50 and 1.75, Timothy at 13.50 and 17.50, Whisky at 1.41, Iron cotton ties at .80, Hemp wine at .70, Pork around 19.37, Lard at 10.85, and dried meats with boxed shorts at 12. Tracks receipts show Flour 2,400 bbls and Wheat 9,000 bu, while shipments reach Flour 11,800 bbls and Wheat 47,000 bu, Corn 108,000 bu, Oats 90,000 bu.
Special Dispatch to Commercial Tribune reports May commercial failures in the United States totaled 1,028 with liabilities of 14,383,750. Manufacturing and trading defaults are detailed, with 231 and 766 failures respectively. The five month total liabilities reach 75,670,026, signaling a serious crisis while indicators suggest gradual rehabilitation.
Receipts and shipments for cattle hogs and sheep over the past 24 hours and three days show higher cattle and hog totals with mixed price movement. Cattle receipts today 863 bringing three-day total 3,157. prices mixed from steady to weak with heavy steers steady to higher, cows weak, stockers quiet, milk cows dull. Hog receipts today 2,862. three days 8,677. market opened lower but firmed with strong Western support, packers and butchers paying varied ranges. Sheep and lambs today 3,572. three days 6,971. demand steady for choice spring lambs and sheep amid selective buying by local buyers.
The Resor homestead in Clifton Greendale avenue was reportedly offered for use as a new church home for Episcopal bishops after Springfield convention discussed a $60,000 residence. The property value is about $30,000 with no confirmation. Hyde Park plans for remodeling and other local property moves are also noted.
New York on June 2 reports easy money on call at 1.54 to 2 percent with 1 percent ruling. time loans show 6 to 90 days around 2 to 2.4 percent, and 6 months near 3.3 percent. Sterling exchange steady. govern ment bonds flat. rail bonds weak. Boston notes show call loans 2.4 to 3 percent, time loans 4.5 to 5 percent, with a varied mix of rail and industrial securities including American Car Chem, General Electric, U S Steel and United Fruit trading across multiple brackets.
New York June 2 Coffee futures opened steady to up 5 points on higher French cables. Near months held by bullish spot demand and light offerings. Havre closed with a small net gain. Local market quiet with 8500 bags sold including June 7c July 6.60c September 6.10c. Rio No 7 7 1/2c Santos No 4 8 1/2c. Cordova 9 1/2 to 2c.
The New York cotton market remains firm with broad buying of print cloth and convertibles for late delivery. A leading line of cotton blankets is valued for months ahead with production sold into October. Retailers show greater interest in fall silks, and knit goods are offered for spring 1910 at prices current at the last spring season.
June 2 report from Toledo shows clover seed and timothy pricing with futures and cash quotes. Prices listed include cash Clover seeds at 6.15 and 6.90 for March, with other months and No. series quoted. timothy futures around 7.75 to 8.00 for August and related months.
Real estate list shows numerous transfers and leases. Names include Aaron K Sargent to John M. Alphonso Riggs to Hermina Deuser. Erbert Hent to Mary C Welsh. J Edward Pfitzer guardian to Adolph Braun. and many others. Parcels include lots in Elsmere Madisonville Avondale and Mills Kiine Sub with prices and lot lines. leases on Vine Street properties. and street land deeds for McGregor Place and Elmwood Carthage.
The government report notes the rivers at 6 to 7 a m with stages across cities. Cincinnati 15.9 feet and falling. river conditions vary with showers and cold air. Arrivals include Greenwood from Charleston and City of Cincinnati from Louisville. departures list several vessels and timetables.
Market notes from Saint Louis dated June 2 describe wool pricing categories including dull, medium and light fine combing, clothing, heavy fine grades and tubwashed stock with various lot codes. The terse bulletin lists price ranges and category names without context or analyst commentary.
In New Orleans on June 2 prime refined cotton seed oil is listed at 5.60 cents per pound in barrels.
The Board of Public Service in Cincinnati Ohio invites sealed bids by June 17 1909 for labor and materials to grade curb pave brick roadway and build basins and drains on Boudinot avenue Ozart to Wardall. Each bid must include names and a $1000 bond or equivalent. Bids may be rejected. John J Wenner clerk.
The Board of Public Service of Cincinnati invites bids for curb grading paving and street work on Chase avenue from Dane to Kirby excluding Hamilton avenue intersection. Bids must include full bidder names or a certified check ten thousand dollars as guarantee. Clerk John J Wenner signs notice dated June 1909.
Hamilton County Ohio invites sealed proposals for the repair of the Spring Grove Ave bridge over Millcreek opposite Procter & Gamble. Bids due June 18, 1909, at 12 noon. Bond of 500 dollars with two sureties required. County reserves right to reject all bids. Stanley Struble president. Fred Dreihs clerk.
Cincinnati Ohio May 30 1909 sealed proposals will be received June 18 1909 at 12 oclock for foundation work under Specification No 918 for a culvert at Station 62 on Duck Creek Road in Columbia Township. Specifications on file with the Board of County Commissioners office. Bid blanks available at the Board office. Bond of five hundred dollars with two good and sufficient sureties required to enter into contract if awarded.
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