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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 22, 1903
Page
8
Market turbulence continues as prices and intrinsic values move toward a common basis. Analysts note gradual stabilization in selling prices and overall monetary sentiment amid cautious trading and renewed investor interest.
Boots and shoes exports set to surpass prior records in the just ending fiscal year with total value between 6 and 7 million dollars. Two thirds of shipments go to England and its colonies, with the United Kingdom receiving about 1.1 million pairs and British Australasia 550 thousand pairs. The rise reflects a decade of growing US footgear trade and expanding foreign demand.
Annie Cooper daughter of Charles Cooper of 18 North Street died yesterday from whooping cough at the City Hospital, marking the first such death there in over a year.
Several hundred knights from Cincinnati and Kentucky depart for Columbus to join the twenty-fifth annual conclave. The St. Cecilia Military Band leads the local delegation in the jubilee parade with staff officers including General H B Jacob and Adjutant Edward Hanley. A pontifical high mass at Columbus Cathedral precedes the Board of Trade address and 3 PM grand parade in review before the Bishop's residence. Local marchers return home late tonight.
The boiler house at the Eastern Pumping Station in California is a new Water Works building delayed by a strike of Stone Quarry employees in Bedford Indiana. The United States Construction Company builds it and progress totals over 131000 dollars per a report by Acting Chief Engineer Benzenberg to the Water Works Commissioners last week.
Minneapolis cash wheat closed at 83c while local cash wheat held steady with strong demand and light receipts. The hay market rose with timothy prices advancing. corn and oats were steady to easer, flour firm, and rye steady. weekly figures show varied receipts and shipments across grains and produce in a detailed market roundup.
Internal Revenue officials in the Cincinnati District, known as The First Cho, monitor the close of the current government fiscal year ending June 30. The district, historically third in revenue, eyes possible ascent to second place behind Peoria as the greatest fiscal year in its history shapes the standings.
The Cincinnati district expects total revenue for the year to exceed 16 million dollars. The rise reflects increased business and the lifting of war taxes. Month by month collections from other sources have outpaced past records, with June adding hundreds of thousands as brewers distillers liquor dealers and oleomargarine manufacturers pay for licenses for the coming year.
Special Despatch from Barboursville Kentucky reports the Standard Development Company of Cincinnati has completed its eleventh Knox County oil well, a ten barrel producer at 380 feet. The tenth well yields twenty barrels daily. Seven of about ten Knox wells drilled recently are producers. Triumph Oil Company, also Cincinnati, reports two strong wells in Whitley County with the best at ten barrels. Standard Oil lines telegraph Kentucky field reports to Parkersburg and the Cumberland Pipe Line system nears completion.
The cigar leaf market showed brisk bidding last Saturday with 246 cases offered. Filler and binder stock sold well, while North ern Ohio wrappers commanded high prices. Dayton area and German例 listings appear in sales by warehouses with varied prices and lots.
The auction week saw 2.23 birds total with 149 Burley and 58 new dark offerings. Quality ranged from fair to poor with trash irregular and demand varied. colery smokers and cutters fetched high prices while trash grades showed uneven activity.
Daily steamer departures from the foot of Broadway include the Maysville line at 11 p.m. except Saturdays and the Lizzie Bay to Madison with Wednesday and Friday runs at 3 p.m. Also listed are the City of Cincinnati and City of Louisville steamers leaving daily at 6 p.m. except Sundays, with electricity and steam heating, and freight handling on the Lower Ohio and Kentucky Rivers.
The passage notes numerous private sales of tobacco, listing 594 hhds of common Burley quality and a Tot of 2,285 hhds sold privately to the Continental Tobacco Company. These lots were kept in private warehouses and thus not shown in stock reports. The growing crop is reported as doing well.
J W S Neal is awarded 602.40 against R E Massie over a commission on buying 502 009 pounds of tobacco. Neal says Massie fired him after he had bought 39 079 pounds, depriving him of months of work. Thirty four hogsheads were shipped from Caldwell down Green River to Evansville, then to New Orleans and Liverpool. Two more tobacco sales are expected on the local exchange as annual sales exceed prior years. The total roads sold reached 4 236 with few rejections.
The River today lists departures from Pomeroy and Louisville with times from 1 p.m. to 5 p.m. including Henry M. Stanley and City of Cincinnati. Advertised departures include Keystone 2 State and Tacoma with various June dates and daily couriers. The Ojo River at Cincinnati rose to 12.3 feet yesterday, up 5.4 feet in 24 hours.
Reports from Pittsburg Wheeling Louisville Evansville Cairo and Memphis describe river levels and weather. Several down and up river movements include vessels Ben Hur Lorene Peters Lee Exporter Grapevine V H Grapevine Barrett and Barret with times and destinations noted.
Early yesterday morning a fight broke out on the street in front of Herman Benson’s saloon at 19 Fountain Square. Several men, including Benson’s party, were ejected after a brawl that left Savage knocked down and head injured. Patrolmen Mitché and Hitter arrested several combatants for disorderly conduct.
Sheriff's sale notice in Hamilton County Ohio lists Lot No. 2 in subdivision located on Vine Street near Malt Street, bounded by canal and canal street, with details of half canal street taken and property conveyed to George Martin Britting per recorded deeds. Auction set for July 2, 1565 at 10 o'clock.
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