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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 08, 1928
Page
9
Cincinnati Daily Market Report notes wheat to 3c lower amid expectations of a bearish winter wheat crop report and rains easing spring crop fears. Cash corn and oats dip slightly while demand remains steady for top grades. prices show mixed declines across grains with strong hay and feed markets and varied livestock prices as trading volumes rise in Cincinnati.
Market News Service reports cattle receipts near 303 head with 990 on hand in alleys and varied trading. Hog prices on steady to higher tones with choice loads up to 10.35 and bulk 8.25 to 10.25. sheep and lambs show slower local trade but lambs reach up to 18.50 with medium range 14 to 18.
The firm began as Isaac Silver & Bros. in 1907 in Sylvania Georgia and grew to twenty three Silvers 5c and 10c stores across multiple states with New York City warehouses. It reports no funded debt and capital stock of 1.5 million in 7 percent cumulative preferred and 100,000 no par common. In 1927 net income reached 379,193 or 75.84 per preferred share and 3.44 per common share, while 1926 stood at 271,082. As of Jan 1, 1928 current assets 1,868,506 current liabilities 305,380 and working capital 1,563,126. Authorized new preferred 3,000,000 with conversion terms and common up to 135,834 shares. Convertible preferred expires Aug 1, 1928.
New York World News Service reports dividends declared June 7 by American Steel Foundries Southern Railway Manhattan Shirt Cluett Peabody General Baking Coty Joliet & Chicago Albany Perforated Seaboard National Bank Mobile & Ohio Chatham Phenix Bank National Dairy Products Banca Commerciale Italiana Trust Co Utah Copper Consolidated Copper Butte & Superior Mining Warren Bros and others. Payable dates range June 18 to July 4 with various common and preferred amounts.
New York reports daily foreign exchange rates with Sterling at 4.877 and 4.8814 for demand and cables respectively. Rates cover Austria Belgium Czecho Slovakia Denmark Finland France Germany Greece Holland Hungary Italy Jugoslavia Norway Poland Portugal Romania Spain Sweden Switzerland Batavia Calcutta Hongkong Singapore Shanghai Mexico Manila Yokohama Buenos Aires Rio de Janeiro Montevideo Valparaiso Montreal funds in New York 99.75 among other currencies and terms.
A petition for a referendum on the steam line franchise passed by City Council was filed with City Auditor Henry Urner by W. J. Schultz, chairman of the Referendum Committee. The filing suspends work on downtown steam pipes. 14,770 names are claimed. If valid, the Auditor will certify to the Board of Elections and a referendum date will be set, possibly at the August primaries, under 120 day or general election rules.
Minneapolis grain prices show a 10 cent rise in carload lets. Family patents quoted at 8.25 to 8.35 dollars per barrel for 98 pound cotton sacks, shipments totaling 31,229 barrels. Bran at 28 to 28.50. Wheat No 1 Northern 1.40 and futures for July and September at 1.40. Corn No 3 yellow 1.02 to 1.03. Oats No 3 white 63 to 64. Flax No 1 2.33 to 2.38.
Markets at a glance show stocks heavy after an early rise and high-priced stocks slipping. Bonds dull but firmer money with large new offerings. Foreign exchanges quiet as Spanish and Japanese rates recede. Cotton up on trade buying while sugar falls on hedge selling of the new crop. Coffee dull as commission houses sell. In Chicago, wheat ease follows general rains in the spring belt. Corn declines amid bearish Iowa report. Cattle ease and hogs steady.
A census of births lists numerous families and addresses across the area. Names include ALTENAU, ANDERSON, BECKSMITTE, CRAWFORD, HARVEY, JONES, KAELIN, KOFMEHL, MITCHELL, MONTGOMERY, MARSHALL, PHELPS, ROBINS, RODENBERG, SEILACHER, TERRELL, THRASHER, WILLIAMS, WILSON, and others. The records note either boys or girls born to each couple with street addresses in Norwood, Deer Park, Cincinnati, and surrounding locales.
Chester Park Cincinnati amusement firm asked the U S Supreme Court to review its case against Joseph F Schulte seeking damages for his sixteen year old son Ralph who died in 1925 at the park pool. Schulte says electrocution. park says death from a cerebral hemorrhage after an accident two weeks earlier. Initial award was 15000 and reduced to 10000 on appeal.
The Cincinnati College of Music marks its Golden Jubilee with a broadcast from Music Hall at 8 15 PM featuring conductor Frederick Stock leading 300 students and a 150-piece orchestra in Gloria From the Mass and Thanks Be to God. Dr Albino Gorno directs Beethoven, plus Grieg and operatic arias on WLW. James J Corbett guests on WKRC at 9 for On the Front Porch.
In Tulsa on June 7, J B McNeal former County Jailer killed Sabra Green 28 a clerk in a taxicab as they rode through a rich district then, after telephoning an undertaker and a newspaper, shot himself in his room. He left a note saying he died as I have lived alone. Police say they had lived together.
The Ohio River at Cincinnati stood around 20 feet and rising around 6 o clock last night as vessels, including the John W Reed bound for Louisville, passed by. Chris Greene reported for Charleston at 5 o clock yesterday.
A seventeen story shop building will rise at the southwest corner of Eighth and Race streets. J M Richardson papers land from Rudolph Wurlitzer for 2 000 000 including the four buildings on the site. The Cincinnati Automobile Club vacates as tenants move out. The lot fronts 97 feet on Race and 136 feet on Eighth. A 2 1/2 story frame St Louis apartment at 4201 Thirtieth street Oakley sold for 9 000 to Lassar Steinbach. Theodore Mayer & Bro conducted for Miss Alice Kinney. The Cincinnati Real Estate Board notes transport links shape retail value and will hear a convention in Louisville June 1922 with EB McIlhaith of Chicago to speak on traffic and vacancy cures.
The nineteenth annual convention of the Ohio Association of Real Estate Boards will be held in Columbus October 16 18 with Deshler Wallick Hotel named as headquarters for meetings and conferences as announced by H L Muels chairman of the Columbus board convention committee.
At Locust street and Woodburn avenue a lone robber, about 25, five feet six and 140 pounds, forced clerk Marvin McElfrish of 2545 Ingleside avenue to open the cash register at Coleman and Bruker drug store. He took about $150 and fled last night amid the after hours hush.
A lengthy notice lists numerous marriage licenses across Cincinnati and nearby cities. Couples include Conrad J. Sauter and Jane E. McElroy, William A. Moscoe and Arilla Carpenter, Charles A. Jackson and Tennessee Minor, among many others with ages and addresses in Ohio Kentucky and Maryland. The roster records occupations and local residences, reflecting a wide cross section of community members preparing for marriage.
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