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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 22, 1900
Page
9
London dull but wheat futures surge as Northwest crop outlook darkens. Berlin and Liverpool activity rise with large buying, while the Bank of England reports rising gold reserves. Investors push rails and coal suppliers higher amid roiling grain markets and heavy short-covering.
Chicago brewers met and agreed to raise beer by $1 per barrel with immediate effect. The move aims to aid small independent dealers by preventing wealthier saloon owners from stocking up earlier at lower rates, a pattern that harmed poorer operators.
A saloon keeper argues that brewers acting in concert to raise prices and fix timing constitutes a conspiracy under antitrust law. He says the agreement signed by all brewers appears to meet the legal standard for restraint of trade.
In Springfield Illinois on June 21 the Supreme Court upheld a lower court verdict against A V Booth of Chicago for unlawfully contracting in writing with the Weare Commission Company for an option to buy 10 000 bushels of corn in the future. The ruling clarifies Illinois law on puts and calls and holds the Booth Weare agreement did not bind Booth to take delivery and was a wager on corn prices.
The American Car and Foundry Company held its annual meeting in Jersey City. Directors elected include Win, McMillan, W. K. Bixby, F. H. Eaton, George Coppell, J. B. Haggin, George H. Russell, and others. For the fourteen months ended April 30, 1900, gross earnings reached $6,831,598 with net earnings of $5,734,948. dividends totaled $2,036,300 and net surplus stood at $3,698,648.
Morehead and West Liberty Railroad is incorporated to build a 35 mile line from Morehead to West Liberty. Capital stock is $600,000. Alexander Harding of Philadelphia named president and W A Young of Morehead vice president.
These incorporations were filed with the Secretary of State in Columbus on June 21. The Ashtabula Savings Bank Company in Ashtabula lists capital stock of $650,000. The Van Wert Home Telephone Company in Van Wert increases capital stock from $25,000 to $50,000. The National Broom Company in Columbus has capital stock of $25,000. The Shackleton Company in Cleveland lists capital stock of $5,000. The Rad Zizkov Tabor and Cesko Slovanska Pod porujki Jednota in Cleveland are also noted.
A court record details a petition for alimony by Amelia D Woodruff wife of Samuel D Woodruff a Mt Summit farmer. She cites fourteen years of marriage with abuse neglect and denial of care seeking temporary and final alimony and relief. Other items list debts assignments guardianships and court calls with various judges and attorneys.
The Circuit Court yesterday reversed Eli Jeffers conviction for assault to rape of a child under 12 and granted a new trial. It found error in the trial judge’s instructions on burden of proof for drunkenness and held that drunkenness defense acts like alibi and does not shift the burden to the State. C. S. Sparks was Jeffers' attorney.
The Circuit Court reversed a Common Pleas ruling in favor of Jonathan Hamilton who bid 3500 for Robert Mercer estate relics but was blocked by administrator Scott Bonham. The court held the administrator must act in good faith and grant bids that are sufficiently secured, not merely high. Judge Swing dissented.
An inquest of lunacy found insurance solicitor John H Love insane yesterday. Judge McNeill ordered his commitment to Longview. Love, a city farmer and merchant, had a history of threats including chasing his wife with a razor. He grew violent when denied permission to read a self written lunacy inquiry.
Common Pleas numbers 118965 to 118970 list suits including Pickering vs Bassett for 625, Woodruff alimony, Whitney vs White appeal, Barker divorce, Plump & Bayer lien 12330, Dinkelman vs State of Ohio petition in error, and Superior Court action Powell v City of Cincinnati for 370.15. Names include Cochran, Shay, Cogan, ONeill, Gorman, Thompson, Burch, Johnson, Nippert, Renner, and Renner.
William Ward sues Officer Patrick J. Haley in a damage suit alleging wrongful arrest. The brief notes the civil action against Haley and seeks damages, details unspecified. The case details remain limited in the fragment.
In Drexel Park a fifty year old narrator recalls aging and solitude. An old fiancé Landy Laird reappears, recounting a failed engagement and a life of marriage without love, while the woman reflects on the past and her own unfulfilled hopes.
The Iron Trade Review notes buyers see no bottom, holding off orders. May pig iron stocks rose 93,000 tons while prices fell, beams and channels led declines, and furnace curtailments loom. Many Pennsylvanian and Ohio furnaces have shut or will close, with iron output still needed to cover existing orders. Police warn to watch for the Commercial Tribune Sunday.
The John Shillito Company leased 308 Vine Street from David Sinton, converting it to Warehouse No. 3 and partially housing a cloak factory. The report lists numerous property transfers, leases, and mortgage actions across Cincinnati suburbs, with many parcels and owners named in a long catalog of real estate dealings.
Information from Cincinnati locates the Central Passenger Association joint agency for the Baptist Young People's Union of America convention sales at 125-129 West Fifth Street Government Square. Tickets will be validated in the name of FC Donald, with Stevenson as likely joint agent. The Lake Shore and Pittsburg & Lake Erie shift from the Northern mileage book to the CPA mileage book, trading direct train use for window exchanges.
Time change advertised for Sunday June 24 by the Erie Railroad will not take effect until the following Sunday. Some attribute the delay to the planned train time change to New York, but officials deny the connection emphatically.
The notice instructs baggage masters to collect large baggage checks well before train departures to secure records and weigh excess baggage and charges. Baggage agents may check baggage for a specified train up to departure time as feasible, but the company will not forward baggage if presented for check later than five minutes after the train leaves.
W McMillan Assistant General Freight Agent of Michigan Central Railroad died in Portland Oregon from pneumonia. He had headquarters in Chicago and arrived here a week ago on business when he became ill.
In New York City yesterday at a directors meeting, W. B. Cornish was elected Vice President of the Chicago and Alton Railroad. He has long been allied with EH Harriman in railroad affairs.
The Western railroad presidents have not formed a system for local pools to control passenger and freight traffic, but work continues. Committees reportedly have broad authority to develop the plan and the effort is not abandoned.
At a Chicago meeting of executive officials on June 21 the Wisconsin Central promised to follow Western Passenger Association rate rules for the G A R encampment in Chicago. One fare rates will apply from all points unless changes arise.
Western lines will limit sale of homeseekers' excursions in Utah to Ogden and Salt Lake City after July 3. G. C. Cochran new Erie General Freight Traffic Manager will open Cleveland offices within days. The Big Four hosted a Brotherhood of Locomotive Engineers picnic at Putin Bay with several interior Ohio excursions.
A large New York brokerage firm offered to loan 10 million dollars on New York real estate at 3 percent, setting a new record for bond and mortgage loans. Previously, rates ranged from 4 to 5 percent, with Broadway properties sometimes higher. Some brokers predict 3 percent will prevail for loans not exceeding 40 percent of property value.
Western packers processed 470000 hogs this week, down from 525000 the prior week and 550000 two weeks ago. Since March 1 total hogs packed reached 7005000, up 875000 from last year. Prices rose about 5 cents per 100 pounds, with generally good quality and cautious demand for cured products. Special reports compare current packing to last year across undermen tioned places.
Bedford Indiana report states The Weekly Review a Democratic paper published by E L Pearson was sold to Charles H Thompson and will henceforth support McKinley and Roosevelt.
Librarian N. D. C. Hodges was re elected for the coming year at a salary of 3000 dollars. Standing committees include Library w T Porter Eugene Schaefer H H Mithoefer Building Thomas P White Robert H West and Eugene Schaefer Finance H H Mithoefer Thomas P White Herman Knost Branch Library and Delivery Stations Robert H West Herman Knost W T Porter. Readings from Pleasant Ridge Wyoming Harrison and Lockland favored surrender of village libraries to the trustees and referred to Branch Libraries. Council of Wyoming voted to turn over village library to city for one dollar. other villages to follow. Cataloguing reorganization referred to Library Committee. clerk employment discussed further.
The Commercial Tribune calls conductors and brakemen on steam railways street car crews mo tormen gripmen police officers and letter carriers to watch for the Sunday edition dated June 24 for updates and notices.
J. W. H. Eakus, 38, of Florence Kentucky, killed himself yesterday morning by drinking carbolic acid at his home. He had married Dolly Lewis of Erlanger a week earlier and his friends say they seemed happy, leaving little explanation for the tragedy.
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