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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 06, 1901
Page
9
The page reports a sharp advance in stock prices for the C N C on Wednesday evening June 5 1901. Banks show limited loan activity with several renewing applications and mixed calls for loans. Foreign exchange and government bonds also move, with sterling and 3% to 5% ranges noted amid daily market fluctuations.
Market activity centered on C N C stock which traded around 106 while Cincinnati Gas and Electric and Cincinnati Street were active at steadier prices on the Stock Exchange. Little Miami stock drew bids at 281, First and Citizens National saw several transfers, and bank stocks drew attention with partial sales. Bonds remained well distributed led by Cincinnati and Newport city issues with notable activity in various rail and utility securities.
Mining stocks and metal markets show mixed moves with tin quiet in New York and London, copper steady but mild, lead steady, spelter down, and pig iron warrants dull. Regional prices listed for Lake Superior copper, casting copper, and London spot and futures, plus Boston and St. Louis quotes and a slate of mining equities with varied gains and losses.
Savannah report notes spirits in tune with firm market at 84 cents, rosin prices steady amid light activity. The message also mentions balances and certificates with unclear figures, listing rounded totals of 99,985 and 197,603 in a garbled line, while noting market stability in a June context.
Flour receipts total 21,709 dollars with minimal exports as the market shows modest activity and general steadiness. Wheat receipts reach 156,759 bushels with 97,861 bushels exported, markets slightly easier for some grades amid floating prices and varied futures as September coverage rally fades.
The report outlines varied price moves in grains and coffee with receipts and exports cited. Wheat and corn show fluctuating futures with modest gains and soft cash tones, while oats and coffee trend soft to steady amid supply data and market anxiety.
Fragmented OCR text mentions the Aeolian Co and a disputed or contested term. No clear event or identities are readable. The remaining readable words are insufficient to identify persons, places, dates, or outcomes.
New York market notes spot cotton easing in parts while middling uplands and other grades show varied quotes. Futures closed steady with several near month contract prices listed and December readings around seven to eight cents. trade activity noted with sales volume and unsettled sections in late text.
The New York stock market showed a marked up then down pattern with early gains fading into a broad selling wave. Weakness followed heavy realization across many issues as Rock Island and Atchison led declines while Canadian Pacific and Western rail shares showed mixed strength.
Baldwin Piav Grand Prix pianos from D. F. Baldwin & Co. listed with address 142-14 West Fourth Street Paris 1900 catalog item indicating a high end model.
A snapshot of bid and ask prices for railroad stocks, misc stocks, bank stocks, and bonds in Cincinnati and surrounding markets. Notable items include Cin. Gas & E, Ohio Truss Co, Newport bonds, and various 4s and 5s from Hamilton bonds, with ranges and special issues shown.
An underscored notice lists service hours around 11:30 A.M and cites price information for the Burnet House merchants cafe. The fragmentary text references prices and a service queue but lacks full context or complete names and actions.
The report cites May earnings for Missouri Pacific and others with increases from the year start, plus a mixed market view. Notable gaps include Texas Pacific, L and N, and Central Branch figures, with overall market sentiment turning upward despite copper stock dips and the Rock Island dividend-driven rise. Analysts note strong undertone and potential for further gains.
Boston June 5 The American Wool and Cotton Reporter previews wool trade outlook. Market remains quiet with some expansion in demand and occasional sizable lines moved. Analysts foresee improving volume in coming weeks though overall activity stays modest.
Heavy rainfall in the spring wheat region weighed on prices with July futures closing about one and a half cents lower. The session saw intraday firmer bets from shorts but overall weak action as frost fears and weak export clearances left the market subdued.
Logan reports July prices retreating amid liquidation by major holders. September wheat supported by good rains in Iowa, with local interest and fears of manipulation noted. Ware & Leland discuss large brokered selling and rising short interest, while Finley & Barrell cite shorts covering and improved Northwest conditions.
On June 5 to June 6 dairy and poultry prices held steady or firm in New York Chicago St Louis Baltimore Louisville markets. Butter creamery and ladle prices ranged up to 20 cents per pound while eggs hovered around 10 to 11 cents. Poultry values showed varied but generally firm demand across springers chickens and turkeys with slight regional differences.
The Globe Wernicke Co offers elastic book cases cabinets and desks at the Fourth and Elm Street retail store with garden indexes and other office furniture.
Cincinnati June 6 1901 Receipts and shipments for past twenty four hours with changes from previous two days Cattle Receipts 1 262 Hogs 44 0 Sheep 45005 Packed meat trade described Good fat grades steady medium and common lower for butcher cows steady butchers to choice prices listed Heavy steers 5 35 to 9 50 oxen 2 26 to 4 00 butchers 4 75 to 5 15 cows 3 75 to 4 35 calves abundant market quiet Hogs Receipts week 3 465 to date 2 561 market opened slow steady fat grades steady mixed packers lowerpigs unchanged Sheep Lambs receipts increasing prices shading today than yesterday Long list of prices and ranges for various cattle hog and sheep categories from Cincinnati and New York markets.
Cincinnati market report notes quiet provisions with pork slightly lower and lard firmer. flour steady, grain receipts light, corn and oats mixed results, several car lots sold on track. hay prices quoted for Timothy and clover, strawberries easier, vegetables firmer, oils steady, turpentine eased, whisky active, country produce quiet. multiple meat cuts and produce items listed with current bids and on track prices.
Pittsburg Chicago and Kansas City cattle and hog prices move with steady to mixed demand. Cattle mostly steady to higher with steers at 5.60 to 6.10 in Chicago. hogs 5.70 to 6.02. sheep and lambs vary 4.00 to 5.40. Receipts listed include thousands of head and multiple weight classes.
Prices for American indigo blue mourning prints and shirtings rose slightly. General demand for cotton goods was quiet with prints steady while woolens and worsted, used for dress fabrics, showed slight improvement and better inquiry.
The Burley leaf market reports active interest from manufacturers and speculators as medium grades 8a9s¢ draw buyers. A total of 468 hhds were offered with sales across Cincinnati Miami Farmers and Shippers Bodmann and Morris warehouses, prices ranging from 3.45 to 11.25 per hhd and overall good reception despite occasional weak light.
At the Chicago meeting, Rock Island directors and stockholders adopted an amendment to consolidate articles authorizing a $10,000,000 stock issue. Stockholders of record by June can subscribe at par for new stock in a 4 for 100 ratio, with payment due by July 31. W. H. Moore and D. B. Reid of New York joined the board, succeeding Henry M. Flagler and H. A. Ker. All existing officers were reelected as year end figures show earnings of $8,199,602 and a surplus of $3,097,325.
Standard Named Trustee Chattanooga Tenn reports a 3 460 000 bond issue on the Chattanooga division of a southern railway line. Central of Georgia Railway Company joins in the finance through a 5 percent bond offering. The issue aims to finance rail improvements and support corporate controls in the region.
New York June 5 the Mall and Express says negotiations between the Cramp Maxim Vickers group of shipbuilders and Bethlehem Steel stockholders have resumed and a consolidation has been arranged as far as possible without delivery of tac a
The report notes Treasury tower purchases and bond dealings with specific figures. Sold bonds included 4s and 7s with reported amounts such as 113,7952 and 3112, while a 16,400 figure is cited for another transaction.
New York June 5 A New York Produce Exchange meeting approved steps to curb price rises in wheat and prevent delays in deliveries. The exchange authorized to set a fixed rule barring delivery under certain contracts and a penalty for any breach of proposed rules.
A June 5 report from Columbus lists new incorporations including The West End Military Club in Cincinnati by F. C. Schneider L. Reinstatler and Henry Heisler Ely Block Baward Adams and Harry Cosby The Mahonin resae Machine Company and other entities with notes on state civic changes such as Met Corps and a Department of Ohio headquarters move from Gallipolis to Toledo.
John Schaffer a well known teamster committed death by his own action last night. He left for the barn and was found dead at 10 o clock. No cause is known for the rash act. He leaves a widow and family.
Shawnee Ohio June 6 1900 drowned at 4 o clock this afternoon Thomas Howard aged 21 unmarried while swimming in Newack Pond He has one sister living at Convent Cincinnati Ohio Survivors listed with initials only.
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