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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 27, 1902
Page
9
The local market showed modest improvement in securities with better demand and varied prices. Transactions on the Exchange included several small lots across railways gas and electric issues while clearing house totals compared with the prior week.
The New York market closes dull with few notable moves aside from St Paul gains and Missouri Pacific and Amalgamated activity. End-of-month and year-end money pressures suppress trading while call money stays active. St Paul rises nearly two points on strong spring wheat prospects as Western buyers lead the move.
Bond dealer listing shows multiple securities including Atch T and S F, South Ry Ist con 4s, Cen Ga 4s, and Union Trust notes. Prices range from around 89 to 108 with totals in the tens of thousands. notes list 5,000 and 10,000 sums, plus assorted percentages and maturities.
New York close shows money on call steady at 2 1/2 to 3. bankers’ bills demand 4 3/4 to 4 7/8. Boston reports call loans 3 to 4 percent. bonds include Atchison 4s around 101, Mexican Central 4s around 82, U S Steel near 37, General Electric at 300, United Fruit 111, Westinghouse common. Mixed activity across railroad and utility issues with various price levels.
A bidder puts 1.00 into the Commercial Tribone project titled Estimating Port, which carries a 14 percent chance of success and potential reward of 34 000.00.
Paris and Berlin weekly Bank of France and Imperial Bank figures show decreases and increases in notes, treasury accounts, gold, bills discounted, and securities. Paris stock activity was active with gains in Spanish 4s and mixed intraday moves while London markets were closed.
The Commercial Tribune invites readers to invest $1.00 in its $4,000.00 Estimating Contest offering a slim chance of winning a prize. The notice emphasizes the low odds and small entry cost.
D. M. Maldwit & Co lists a Baldwin Grand piano priced in Paris in 1900 with address 97-144 W Fourth St.
Stock and bond quotes from New York and Boston exchanges list railroad and mining shares with prices and percent changes. Unlisted and warrant prices appear, along with leading bank stocks and utility issues, reflecting a broad market snapshot.
The Commercial Tribune outlines a plan to invest 71.00 into a prize pool with 1,490 chances to win. The article explains potential odds, payout structure, and eligibility details for participants.
A concise digest notes June market activity: OW City reports oil balances and runs with no bids on certificates. Toledo lists June 26 oil prices for North Lima and others. Wilmington shows spirits turpentine steady at 46c and rosin $1.10 to $1.15, crude turpentine to $2.60, tar $1.50. Savannah records turpentine at 47.5c and rosin prices across grades from $1.26 to $3.05, plus window glass. Charleston notes turpentine and rosin unchanged.
In St Louis on June data shows poultry steady with chicklins, springers, turkeys at 9c and ducks and geese near quoted ranges. butter and dairy prices steady. eggs unchanged at Wigc per dozen with loss off. Kansas City reports eggs at 14c per dozen, no loss, cases returned. City market totals $34,000 in the estimating contest.
West and midwestern markets show light cattle demand on Thursday with steady to high prices for prime stock, dull milch cows, and mixed beef cuts. Hog trade softer in New York Chicago and St Louis with variable prices, while sheep and lamb movement remains fair but generally lower for spring lambs.
Cotton prices eased to near day’s lows as private wires and New Orleans sources supplied demand after an early 1 to 2 point rise. Weather outlook showed hot, dry statewide conditions with showers along the coast and threatening rain for Galveston and San Antonio.
A commercial trade paper announces a $34,000 prize pool for an estimations contest, inviting investors to participate. The notice emphasizes potential profits and the opportunity to invest minimal capital for a share of the winnings.
Special dispatch notes a London metal market holiday with New York tin and copper markets described as easy. Spot tin quoted at 28 2508.60 with July delivery sales and August electrolytic copper figures referenced amid holiday observations.
Despatch notes moderate butter demand with prices around 23c for loads, large buyers cautious about over 22k, Western round lots sold at that price. Cheese movement slow near 10%c to 11%c, eggs and poultry mixed with steady to firm tones in several markets. Prices listed for Elgin butter, Ohio and Pennsylvania dairy butter, Swiss cheese, eggs, and poultry across Boston Pittsburg New York Chicago.
Thursday market notes list receipts and shipments across commodities like apples butter cattle cheese eggs and hogs with mixed price quotes for barley oats whisky and flour local grain and fiber prices. It records whiskey prices corn oats and petroleum values and notes closing quotes for lard flour and cotton futures with counts of cattle sheep and hogs sold.
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