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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 17, 1900
Page
16
Cincinnati Newport and Covington markets show mixed results with local securities steady bids and tensions in money markets. Reports cover bank clearings, railroad receipts, bonds, and a Big Four dividend, noting drought and China tensions affecting outlook.
A local agency offers executor trustee and administrator services at 115 East Fourth Street, collects rents and manages safe deposit boxes. Advertising preferred stock for sale secured by inventory with a 7.5 cent dividend. Contact Unoo LL, Attorney at 239 Carew Building.
A note indicates life insurance policies were bought on Willison 47 in Blymyer, located at 514 Main. The fragment cites a building address and policy actions amid unclear context.
The report notes a deficit after interest and rental of 76988, a decrease of 50955 from July 1 to April 30, and a surplus after interest and rentals of 452607, a decrease of 265729.
The New York stock market shifted from waiting to active liquidation after Northern Pacific cut its common dividend, signaling anticipated North West wheat crop shortages. Losses extended to rail stocks like Great Northern and St. Louis, with the market ending weak and subdued amid global tensions and low bond activity.
London stocks show firm bar silver and mixed bond yields with Atchison and Canadian Pacific in notable ranges. Berlin and Paris markets report irregular bourse action, with Americans weak on Northern Pacific dividend news and Spanish and Rio Tinto movements noted.
New York money on call at 2 percent with mercantile paper at 3 to 4 percent. Sterling exchange steady with bankers bills near 4.874 to 4.87 dollars, sixty days 4.84 to 4.84. State and railroad bonds listed with various prices. United States bonds and gold/silver values noted. Weekly bank statement shows reserves down, loans up, deposits and circulation up. Boston stocks close with varied prices for regional names.
New York June 16 bond tallies display Atchison gen 4s at 100% and Union Pacific 4s near 106% with dozens of rails and utilities such as West End, Westinghouse, Reading, Erie, and Texas & Pacific cited. Prices range from 58% to 144% across issues, with many notes around 90 to 110% and occasional higher premiums.
Quotations from the Stock Exchange list bids and asks for railroad, misc stocks, banks and insurance firms with numerous bonds and notes. Chicago wheat and corn futures surge on outside demand and rain concerns in Northwest. July wheat tops 75 cents as buyers push prices, with near term gains in pork and lard futures and strong cash market signals.
Market bodies note speculative support for wheat as persistent rains stall growth. experts adjust yield expectations while corn and hog shipments show shifts. Texas cattlemen praise robust conditions and calf crops, with Drovers Journal noting English agents expanding horse and mule exports and U S purchases for the Philippines pressing supply.
Market reports from Chicago Kansas City New York describe butter steady with creameries and dairies, cheese prices mostly firm to strong, eggs steady in Missouri Kansas stock and New York receipts showing mixed color rates and loss adjustments.
Special Despatch reports assorted commodity quotes with Consols 13 percent Elkton 127 percent Ben Hur 7 Isa Bella 122 Blue Bell 11 Lexington 17 C. C. & M. 9 Matoa 2 Portland 206 Pharm 114 and related figures as of June 16 with Consols and stock references.
Balance-Profit report shows a surplus of 30 403.85 after eight months operations. Dividends paid to shareholders total 22 903.03 while over 40 000 was spent on development and property expansion. Original report on file at our New York City offices.
Mining shares list Adven ture Allouez Amalgamated Atlantic Boston and Mont Butte and Boston Calumet and Hecla Cen ternnial Franklin Humboldt Osceola Parrot Quincy Santa Fe Copper Tamarack Utah Mining Winona. Lead market dull at 3.70 and spelter dull at 4 in St Louis.
Oil City notes credit balances at 12 percent with no bids and no shipment data. Wilmington shows spirits turpentine steady at 42 to 43 cents, rosin firm at 105 1 or 10, crude turpentine steady at 160 to 260, tar quiet at 140. Charleston marks turpentine nominal and rosin unchanged. Savannah reports spirits turpentine firm at 48 cents and rosin unchanged.
New Orleans notes 2 060 bales sold with prices across grades and a stock of 74 212 bales, futures quoted June to March. New York reports dull trading with middling uplands at 91 leading to steady futures from June to May.
The wool trade faced depressed prices due to a drop in sheepskins. Next series auctions show 61 952 bales arrived to date with 17 000 forwarded direct. Weekly imports included Melbourne 721 bales New South Wales 6278 bales South Australia 6668 bales New Zealand 26443 bales Cape of Good Hope and Natal 432 bales Punta Arenas 785 bales and 901 bales from elsewhere.
The New York dry goods market closes as general business remains slow. Yard-wide 64 square bleached cottons show irregular prices with some cuts. Dark prints are in fair demand. Cotton yards are weak and unsettled, with agents sometimes refusing to quote prices except under special conditions.
Cincinnati market reports moderate cattle activity with firm closing prices and varied grades. Hog and sheep dynamics show steady demand, with total weekly receipts and price ranges noted, alongside year over year comparisons and regional price shifts.
The Guarantee Title and Trust Co located at 404 Walnut St Cincinnati offers title insurance and abstracts services. Telephone contact listed as 1141 for inquiries and arrangements.
Cattle receipts and prices vary by city with Kansas City showing slight weekly changes for heavy native steers 4 50 to 5 50 and Texans 4 30 to 4 90, hogs 4 75 to 5 12, and sheep spring lambs 6 10 to 7 25. St Louis quotes steady to higher for cattle and hogs 4 90 to 5 12, Chicago notes mixed cattle and hogs firm to higher with top hogs around 5 12, sheep and lambs look 4 80 to 7 30. New York reports quiet trade with cattle 350 to 525, lambs 5 25 to 7 80, and hogs steady near 5 00.
A New Orleans Times-Democrat item recalls a former operator who believed a Pittsburg chat partner nicknamed C. D. existed in youth. He traveled to meet a man he imagined as a jovial twenty year old, only to find a thin elderly stranger with a gray beard. The encounter ends their rapport and a lesson in telegraph misperception.
A young Washington society woman sells her clothing after each use and donates the proceeds to her favored charity.
A shipment of 82,000 bushels of wheat from Portland Ore to Yokohama represents the first cargo composed entirely of this cereal to reach Japan by crossing the Pacific.
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