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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 14, 1909
Page
9
New York reports mixed price movements with uncertainty in equities amid profits realisation. Grain crop data renews caution as winter wheat declines and spring wheat outlook disappoints while corn acreage awaits official confirmation.
Minneapolis No 1 Northern wheat closed at 1.375 3 8. No 2 red winter sold at 1.62 3 8, the highest price for this crop in this market. Corn mixed and yellow sold around 76 3 8 No 2. white corn firm. Oats and rye steady, demand limited. Hay firm with No 1 timothy 16.25 and some 16.50. clover hay up slightly. Flour prices varied by grade from Winter patents 6.75 7 to Spring fancy 5.60 5.75. Additional notes on various No 3 red, No 2 white, and other feed items.
New York reports a strong week in cotton goods led by print cloth and print cloth yarns. Demand for brown and bleached cottons rises, denims edge up, and mills plan higher prices amid costly raw materials. Large print runs occurring as Oriental markets stay quiet.
ST LOUIS June 12 Wool lower medium grades combing and clothing 29 to 29c light fine 26 to 26c heavy fine 18 to 20c tub washed 40 to 40c per pound.
A dispatch reports Japan's 1908 imports from the United States valued at 78,000,000 yen while US exports to Japan reached 122,000,000 yen. The text notes year to year changes, declines in wheat and flour, and the US role in petroleum, paraffin wax, condensed milk, and raw cotton. It compares 1908 to 1900 and 1890 for various nations.
Exports to the United States from Japan exceed imports in several years. In 1907 Japan shipped 181 million yen to the US with 80.5 million yen of imports from the US, and in 1908 122 million yen exported against 78 million yen imported, while UK shares varied from 8.67 percent in 1904 to 24.71 percent in 1908.
The New York market shows steady trading in dry goods with broadened interest from jobbers and converters. Cotton yarns and fine fabrics firm, large print cloth sales increasing, dress linens active, burlaps weak, and overall demand trending higher.
New York June 13. A strong surge in pig iron and fabricated steel contracts has emerged with 750000 tons of shipments planned for the third quarter and 85000 tons of fabricated steel. Steel plants and bridge works placed orders for 25000 tons of basic iron while pipe works pursued large and foundry grades. Prices for large grades rose about 25 cents per ton. Rail contracts total 80000 tons with 200000 tons pending, and 150000 tons already allotted to Harriman lines amid specifications disputes. Since June, 14 steamers and 5 torpedo boats have been contracted with Eastern yards, and 22000 railcars ordered year to date with 6000 more soon. Pig iron output sits at 23 million tons annually, May producing the highest volume since 1907 October due to steady crude steel demand.
Wilmington reports spirits turpentine steady with 58 casks received and rosin at 2.35 with 177 barrels. tar at 1.50 with 42 barrels. crude turpentine steady at 1.75 with prices quoted 275 and 3.50 and 56 barrels received. New Orleans ships limited rosin and turpentine exports. stock and price listings for multiple grades follow alongside brief market notes.
Stihl save Lene listing and billing out the big sales of last week. The Planters' Protective ration graded to only birds for 1 week. Tobacco stocks on hand and incoming may reach 700 birds across grades. Hogs head prices range from 4.50 to 7.00 and leaf values from 6.00 to 14.00. Much air cured tobacco suitable for manufacturers and light wrap. Loose floor sales lively with prices steady. some poor order tobacco lowers. Week’s sales around 450000 lb but easing as most crop sold. Stemmers plan shutdown next week.
Public sale notices detail multiple Cincinnati real estate parcels in Hamilton County. Listings include parcel descriptions, court case numbers, sale dates in June and July, 1908 1909, and reserve prices with cash terms. Notices name plaintiffs like Rempe Schwepe Brunt and lenders such as The Southern Ohio Loan and Trust Company.
Court ordered public sales in Cincinnati list two parcels. One: Lot 16 in Plat C of Sarah McLean subdivision fronting Kenner Street with a $5,500 valuation, to be sold in the Catherine Vonder Brink case No 141470. One-third cash, rest by mortgage. audience May 17, 1908. The other: perpetual leasehold on Freeman Street area north of Armory Avenue valued at $13,500 with annual rent $80.40, option to purchase for $13,340. case No 141,806. Auction dates June 15 and June 3, 1908 respectively.
Sealed bids for labor and materials to improve a right of way sewer from Dexter Avenue east of Annwood Avenue to Section Avenue at Lak Avenue will be received until 12 noon Monday June 21 1909. Bids must include full names and a $1000 bond or certified check. bids may be rejected. John J Wenner Clerk.
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