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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 12, 1901
Page
9
Beaumont Texas Oil Company details ownership and officers. The piece discusses fuel oil profits in Russia and compares Russian, California, and Beaumont oil stocks, noting Beaumont as the world’s most important oil field with large production and high stock values.
A prospectus describes forty five acres of oil and mineral rights in the J. W. Bullock survey, leased by the company. The site lies about 8000 feet from the Guffy Glady oil well.
The company seeks $12,000 to bore its first well and will sell treasury stock at 50 cents per share. Subscriptions may close once the amount is raised, with a prospectus on the world fuel oil situation. Address Beaumont and Texas Oil Co.
June 11 market report from Cincinnati shows mixed movements with lard active at 840c, flour dull, and grain receipts outpacing demand. No. 2 red winter sold on track at 71420, several car lots of white, mixed, and yellow corn offered, hay prices mixed, and whiskey trade active. Highlights include extensive commodity quotes, fruit and vegetable movements, and broader regional price shifts.
OLL CITY reports credit balances 1.05, shipments 97 851 bbis, runs 100 608 bbis, average 76 910 bbis with certificates no bids. SAVANNAH notes market for spirits turpentine firm at 32 3/4 to 33 1/4 cents and rosin firm and unchanged.
Receipts and shipments for the past day compare with the day prior show light cattle arrivals, many through shipments, and prices steady or soft. Cattle sales centered on yesterday’s values with stockers scarce. hogs ran 1,715 head amid a moderate local demand and prices near last reported levels with little variation.
The courier lists multiple steamers leaving today with times from 3:20 to 5 p.m. The carriers include Poméroy, WORKUM, CINNATI, KEYSTONE, CITY Gavordey, and SHINE with departures noted in the afternoon schedule.
Showers have been falling at Pittsburg and Wheeling as the Ohio River declined to below this city by 6 p m yesterday. Cincinnati recorded a river height of 25.6 feet.
Delegates from cities between Pittsburg and New Orleans on the Ohio and Mississippi Rivers meet at the G Hotel to choose a location for a summer or fall river and harbors congress. Each large city sends two delegates and smaller towns one, aiming to spark support for the rivers and harbors bill at the next Congress.
Special Despatches report river levels at Warren 2.4 feet and falling, Oil City 2.7 feet and falling, Brownsville 5.5 feet and falling, Organtown 7.10 feet and falling, and Pittsburg with towboats coal for Rochester and East Liverpool. The Twilight left with 15 coal boats. Edgar Cherry laid up with a broken shaft. Captain Dravo unable to attend rivermen meeting in Cincinnati. rumors of coal company consolidations, and board re elections. Multiple vessels depart or arrive along Monongahela and Ohio rivers. river levels and weather vary across cities including Wheeling, Charleston, Louisville, Evansville, Paducah, Cairo.
Classified items include a lost dog described as small Esquimaux poodle with white woody hair named Willie. A ten dollar reward is offered for return to 3636 Reading road Avondale. Also a pin lost between Covington and Cincinnati with a ten dollar reward for Helen Schuster at 332 Pike Building. River and weather lines follow.
Market shows one of the strongest days of the year with limited offerings and heavy buy interest from big manufacturers. Worm eaten tobacco sold well with prices ranging from 4.05 to 9.15 per unit across Cincinnati Miami and Globe warehouses.
A water tank atop the Sextro Furniture Company on Bank Street caught fire. Patrolman Rapp quickly responded and forced entry while firefighters battled the blaze. Damage described as trifling.
A four hour forty minute B and O route connects Cineinpart to West Baden Springs. The schedule shows an 8 am departure and afternoon arrival at a corner near Vine, with fares listed as 3 dollars 75 cents.
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