19 Mar 1918
Page 1
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 27 articles. Subscribers can read the full text of each article.
Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Mar 19, 1918
Page
1
The Chicago grain market fell as fresh entente advances spurred selling in corn and oats. August corn dropped below 1.52 dollars, while oats slid amid bearish tones and favorable weather. Provisions eased slightly as hog prices rose and elevator adjustments favored wheat.
Market notes show wheat in Kansas City at No. 1 hard 2.21 to 2.24, corn varying by grade with No 2 mixed around 1.70 to 1.95, oats near 0.79, and prices listed for Toledo San Francisco St Louis Minneapolis Duluth Milwaukee and New York futures and spot quotes with several futures months and delivery grades. The report aggregates regional commodity values including wheat corn oats and barley across major hubs.
In New York July 19 trading, several September to March shifts occurred while overall activity stayed quiet. Prices moved slightly, with September 8.36 to 8.40 cents, March 8.77 to 8.80 cents, and other months hovering around 8.27 to 8.95 cents. Rio and Santos spot levels held, Santos futures rose 25 to 75 reis, and Rio and Santos stocks adjusted to cover government purchases.
New York stocks drifted after an initial 1 to 2 point rise as selling tempered advances. United States Steel led losses with a 2 point drop while Sumatra Tobacco advanced 1 point. Total volume reached 475000 shares with 6875000 par value traded.
The Commercial Bulletin reports valuers under the government plan are progressing on new wool clip valuations and shipments to mills are increasing. The West delivers the new clip in record time, and July 1 returns show a substantial rise in machinery for government orders.
New York July 19 reports cotton goods showing signs of easing doubts over price fixing. Cloth markets stay active and mills continue to hold quotations firm.
The article reports that despite heavier bank clearings on Friday, liquidity remains tight. Treasury certificates sell well at banks, but overall money demand stays strong for commercial use and crops movement. Rates show little relief, with some banks reducing high rates to six percent while others hold or rise.
The Western Bank and Trust Company exchanged twenty year 5 percent bonds of Mansfield Railway Light and Power for equivalent Richland Public Service Company bonds dollar for dollar. This follows the August 22, 1917 agreement when Mansfield was absorbed by Richland.
Donald White of the Quartermasters' Department at Camp Sherman, previously with Tillettson and Wolcott in the Mercantile Library Building, called at the company offices yesterday before returning to camp in the evening.
James M. Hutton traveled through New York yesterday en route to Siansconsett Rhode Island to join his family for their annual holiday vacation. He had accompanied them to their summer home weeks earlier. G W Williams vice president of the Fourth National Bank visited Southern Illinois, his old home, and will return Tuesday.
The oil market revived on Friday with heavy demand for Anglo American Oil rising to 12% bid and 12% asked. Other issues gained activity as reports said several oil companies sought cooperation from the Federal Oil Administration to obtain advances from the War Finance Corporation for about 30 million dollars to raise production.
Liberty Loan issues advanced overall on Friday with most bonds higher while the second 4s slipped slightly and the third 4s held. Closing quotations showed gains across issues with notable totals in regular and total sales across several bond series and ex-dividend stock listings noted at session end.
Receipts and shipments for the past 24 hours compared with four days prior show total cattle hogs and sheep across multiple markets. In Cincinnati fresh cattle offerings were moderate with a large carryover and numerous plain cattle, prices steady to slightly lower. hogs advanced with strong demand, sheep and lambs steady with some pressure on light lambs.
Ohio incorporations list shows Akron Avalon Rubber up from 50000 to 200000 and Cleveland firms like Metal Shop Manufacturing expanding from 10000 to 60000. Other changes include Cleveland Marvel Company 20000 to 50000 and Dayton Aetna Paper 50000 to 760000 along with multiple modest increases across Cincinnati Youngstown and Detroit areas.
New York markets report scarce prunes and steady raisins. Evaporea a viet appears as a garbled line. July supply hints mix with apricots, peaches, and apples described as irm. Prices uncertain due to transcription errors but fruit markets show limited prune availability and stable dried fruit pricing.
The text lists several 1 percent preferred dividends. Texas Power and Light declares a regular quarterly 1 percent on August 1 to holders by July 20. Chicago & Great Western Railway offers 1 percent preferred with August 1 payment to holders, drawn from cumulative surplus income since July 1, 1914, the last dividend paid in April 1917 also at 1 percent.
July 19 1918 Cincinnati market reports hay scarce prices higher. apples, peaches and other produce show tighter supplies. Wheat oats corn and rye pricing mixed with rail freight complaints. strong demand for hay drives top grades to higher quotes amid inching car shortages.
A dense listing of prices for fruit vegetables and related goods including bananas cantaloupes lemons oranges and tomatoes. The itemized rates cover crates hampers boxes and bales with varied regional prices such as California Georgia Indiana Arkansas Arizona and Florida offerings and descriptions of shipments and per unit costs.
Cincinnati reports daily cash clearings of 10 901 675 with heavy outside loans at 6 to 7 percent. Stock exchange floor shows modest activity with 303 shares traded across utilities and transport names and several blocks moving in second calls.
Special Dispatch reports clearings at 32 110 027 dollars with balances of 12 580 897. Time loans yield 6 percent and commercial paper 6 percent. The Federal Reserve Bank bought New York exchange at a discount of 24 cents and sold at 24 cents. Foreign exchange rates for Swiss francs sterling guilders kroner and other currencies are listed with partial clarity due to OCR errors.
New York July 19 The raw sugar market remained unchanged at 49.85 cents for Cuban cost and freight, equivalent to 6.055 cents for centrifugal. No purchases reported. The refined market stayed at 7.50 cents for fine granulated. Business was fairly active with certificates entering more freely.
Reading shows mixed activity with Booth Fisheries gaining 27 percent and Carbide at 574. Diamond Match quotes 105 and Sears-Roe Buck 142, while Swift & Coa moves slightly higher.
Buying on less favorable crop advices supported by war news pushed October cotton to 25.78 cents per pound, with last week’s closing prices aided by sentiment but tempered by price fixing talks. Reports of crop deterioration came mainly from the Southwest, amid dry conditions in Texas and a general forecast of slower gains in the new crop. London and export talk offered limited support while domestic demand eased and spot brokers saw little spine for spinners.
Bradstreet's release notes government needs and work dominate, while industry remains swift. Wholesale and jobbing slow in primary centers but larger markets report eager demand for a dull period. Retail trade shows midsummer activity yet remains quieter than recent weeks, with weekly bank clearings at 6.475 billion dollars.
Renewed talk of price fixing unsettled sentiment in the cotton market causing a sharp price break. October to 25.43c, July and August also slip, with selling active and stop orders triggered. War news and dry weather in Texas steadies later but gains fade. exports and port receipts noted.
London stocks rise with allied bonds leading gains while Irish and French issues strengthen. Money tightens with Bank of England borrowing, discounts steady, and bar silver at 48 13 16d. New York quotes show mercantile rates around 6 percent and various foreign exchange levels.
In Columbus on July 19 trading showed uneven moves. Cities Service climbed despite a 14 percent dip in pretax figures, while Ohio Gas fluctuated amid broader gas sector uncertainty with shares near key levels.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.