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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
May 12, 1925
Page
9
Early trading saw wheat options fall despite bullish wheat on ocean passage showing 6.5 million bushels less than last year. May closed 2 1/2 cents down and July 2 1/2 cents below Saturday, with local prices down 4 cents on a split No. 2 red at 1.88. Corn and hay markets were mixed with firming receipts and limited offerings.
Cincinnati and Chicago dispatches detail forty eight hour cattle and hog trade. Beef steers sold up to 10.75 with Indiana bulls at 10.50. hogs at 12.50 to 18.30 with tops to 18.30 for good barrows. veal and calves strong with 10.50 for vealers and 9.50 for butcher calves. Sheep and lambs varied, spring lambs up to 18, cull and common sheep down to 1.50 per cwt. Receipts: cattle 1,606. hogs 3,204. sheep 1,384 in Cincinnati market. Kansas City and Chicago also noted.
The writer cautions that modern life centers on specialists who guide business and family. He emphasizes the difficulty of building an estate and the ease of dissipating it as a warning to plan and put one’s house in order.
The bulletin lists current values by grade and species: EGGS with all grades. CALVES at Select 10.50, choice 89, common 4.6. LAMBS Spring 14 to 18, yearlings 6 to 10. HOGS Select butchers 18.80, packing 12.75 down to 7. HIDES Green salted No. 1 0.84, No. 2 0.6, dry flint 0.12, dry salted 0.10, other byproducts and hides priced accordingly.
New York May 11 foreign exchange rates list European currencies with London Sterling at 4.84 demand and 4.85 cables while France at 5.29 demand and 5.21 cables. Japan 42.00 demand and 55.0 cents Shanghai 74.88. Canada 100.01 and Argentina 389.35 spot among others.
NewYork May 11 Mengel Company and Timken Detroit Axle Company announce dividends on shares payable in late May and early June. Independent Oil Company and Mother Lode Coalition Mines Company declare quarterly and semiannual payouts to stockholders of record in June.
Chicago prices listed May 11 show Armour pref at 85 4, Cudahy 96 1/4, Fair 33 1/2, ste. cNeill 7, Midwest Utilities 91, S. Co. 110, Swift International 27 1/2, Union Carbide 68 1/2, U. S. Gypsum 157, Wahl 1 as the market movement remains mixed.
Notice to the stockholders of The Walnut Street Realty Company of a meeting at 1514 First National Bank Building Cincinnati Ohio on June 10 1925 at 1130 a m to consider surrender of the corporate charter and dissolution of the corporation M W Townsend President and Alfred Bettman Secretary May 11 1925 Cincinnati Ohio
Official list from the New York Curb Exchange records stock and bond trades with total stock sales at 477,000 shares and bond sales at 1,000,600 dollars. Various listed equities and industrials appear with volumes and fluctuating prices across multiple issues.
J Nevin Roberts of Roberts and Hall Co. was elected President by a Board of Trustees including W E Fox I Westheimer J M Hutton and George C Riley. The afternoon session named W E Fox Vice President Irvin F Westheimer Treasurer and Richard Leving Secretary. Roberts pledged conservative policy and strict listing requirements to protect investors and support local industry.
Prices of crude rubber continued to rise on reports of supply shortages. London quotations show May ribbed smoked sheets at 6014c, about 6c above Saturday and higher than a week ago. Warner Brothers reports 1925 net profit of 1,101,950 dollars, or 5.55 per Class A share. Standard Gas and Electric plans 5,000,000 dollars of 7 percent preferred stock for utility investments and Oklahoma Gas and Electric stock purchase. American Car and Foundry expects earnings to exceed last year’s 14.01 a share on 300,000 common shares after a 2-for-1 stock split.
The price for employee stock subscriptions at Standard Oil Company of Indiana during the year ending March 31 1926 is fixed at $62 per share up from $60 in each of the prior two years.
Caddo Central Oil and Refining Company reports a net loss of 444201 for 1924, improved from a 1002172 loss recorded in 1928, reflecting a narrower deficit and financial results across the period.
A list of Ohio based incorporations with their registered capitals and proposed officers. Firms include People’s Auto Wrecking and Radiator Company Cleveland $5000 officers Livingstone Phillips Ryan Malloy Caldwell. Majestic Corporation Cleveland $25000 officers Richards Gilson Marko Pegram Novak. Jackson Publishing Company Jackson $20000 officers Shively Schellenger Davis Wilson Schellenger. Conde Provision Company Cleveland $2100 officers Morgan Ruonpane Steudel Marshman. National Con and Burlap Company Cleveland $20000 officers Phillips Malloy Livingston Ryan Caldwell. lapse Hurst Development Company Mentorgore $10000 officers Waldersen Dur bin C Aone Realty County vibei Pearl ree. Ben G. Ruby Orr Welensky Ivydale Realty Company Cleveland $10000 officers Ruth Trostle Miler Harmscek Turner. Century Oil Pte Cenmaie Cincinnati $1000 officers Shoup Roger H Louise Poe. Hearthstone Land Company Cleveland $20000 officers Landsear Leach Becker Weston Baskin. Welber Company Columbus $10000 officers Will Welber Walsh Keleman Connors.
Call money in New York eased to 3 percent with bids at 3 percent and loans against acceptances at 3 1/4 percent. Time loans steady for 60 to 90 days at 3 percent and 4 to 6 months at 3 1/4 percent. Bar silver at 67 5/8 cents. Mexican dollars 52 cents. London discount rates show short and three month bills around 4 1/2 to 2 1/16 percent.
Chicago on May 11 reports active demand and broad trade across all butter grades. The centralized market stays firm with limited 98 score car supply in high demand. Fresh butter 98 score sells at 45 cents while centralized 90 score moves at 41 cents.
Minneapolis market notes show flour prices steady to slightly higher with 25 cent drop for May delivery to 8.90 to 8.95 per barrel and shipments of 36 637 barrels. Wheat values quoted for No 1 northern 1.54 to 1.56 with May at 1.50 and futures for July and September listed. flax No 1 at around 2.78.
Columbus reports mixed market notes with Cities common at 1824 186 and de preferred at 81 2 percent as Pure Oil features among listed equities.
Six alleged violators arraigned in Campbell County Circuit Court were dismissed after prosecuting witnesses did not show. Witnesses L D Harris Dudley Vaughn and Malcolm C McHenry claimed they worked for Newport ministers. Defendants included cafe owners Elmer Welkley Frank Roberts William Duerstock George Sauerberry Gus Haunert and George Krogman. Leo Lauderman held on a still charge was remanded for later proceedings.
Mrs. W. W. Cowden of 632 Maple street Newport reported a purse snatch at Fourth and Avenue. The thief, a tall slender youth about 17, escaped on a bicycle with her $5. Several similar thefts have occurred in the city in recent weeks.
Newport notes report Newport Lodge of Elks hosting a members and friends gathering at the temple on York street from 9 to 1 on Wednesday. Walter Giesting chairs the arrangements with John Droege John A McCarthy George Baker John Sweeney Arthur Barnard Roth T E Buchert and Charles Hendersmann among others. Also noted are various local legal matters including a bruising incident involving Oscar Green struck by a car driven by Ralph Zimmerman, a missing engineer related to the Norman steamer sinking, and several court decisions involving petit larceny concealed weapons intoxication and traffic violations.
Real estate notices list transfers in Newport with names Raymond Bowman L Zz Crawford Jr Elsie Bowman and Albert Lemke to Kramer and others. Items show small payments like 1 and 1 50 cents and a larger 5500 stamp or price with various grantors and grantees.
Several couples received marriage licenses including Howard Gubson of Dayton and Esther McGrath of Cold Spring, Wendell Fetherlie of Greenfield and Laura Shearer of Greenfield, Leo P. Reekers of Dayton and Sarah Van Hoose of Newport, Herman Givin of Covington and Laura Williams of Charleston, Iva Boanes and Oliver B. Anders of Newport, Maltie Liston of Newport, Clarence Telinda of Cincinnati and Anita Jorner of Cincinnati.
Covington workers secure instructions at Odd Fellows Hall for the Children’s Home campaign. Women’s teams held afternoon sessions while 300 workers gather for a card selection event. Fifteen thousand names will guide visits for subscriptions as the home chorus performs at WLW. A parade of new cars with campaign banners was planned by the Northern Kentucky Automobile Dealers Association for Thursday. The drive opens Friday with a workers’ dinner, aiming to raise 200000 for a new building and endowment.
Covington Commandery No. 7 Knights Templar to hold Thursday night and Saturday afternoon conclaves as preparation for the Kentucky state conclave at Ashland on May 19 and 20. Kishmee Grotto to meet tonight at Masonic Temple to finalize plans for a large class initiation on May 23 and for attendance at the Atlantic City national conclave in June.
Yeggmen blew the Ludlow Southern Railroad station safe with nitroglycerin early yesterday and escaped with $20. They pried open the ticket window and shattered windows. Sheriff Thiel calls the act amateurish. five prior depot robberies in ten years. Police had spotted five men from a passing auto near a jewelry store just before.
Covington Retail Merchants Association completed plans for a goodwill trip to Burlington Boone County on Thursday. The committee includes Fred Macklin chair man T J O’Brien Carl B Wachs and John Hanauer. Joseph Pieper heads the delegation with noon arrival and over 150 vehicles will parade from Covington at 10. Dinner is by Burlington Parent-Teachers Club. Prizes and souvenirs will be given along the route under the slogan Burlington Bound.
A. C. Jones of Latonia was arraigned on a charge of possessing 1000 bottles of beer and three gallons of whiskey. He posted $500 bond for a hearing June 11. A Cincinnati taxi driver D. M. Chamberlain and two passengers face whisky charges with $200 bonds due June 15. In a Mur ray Hotel barber shop raid two Negro men were jailed on liquor charges with $250 bail each for June 10 trial.
Fire Chief Teddy Griffith and Covington detectives investigated two Sunday night blazes in the Park ton building on Greenup Street and Park Place. Mrs Allen G Caldwell and G P Power occupied the affected first floor rooms. damage totaled $1,000. Fire began in beds in both locations. doors were locked and occupants were away. Detectives believe thieves used duplicate keys to enter and ransack the apartments before the fires.
The golden jubilee celebration of St John’s Benevolent Society, started in 1875, closes tonight with a dinner and reception honoring founders Herman von Handorff William Mayer and John von Handorf in St John’s Church school auditorium. George Dickman, fourth original member, died in 1908.
Decoursey residents asked Covington City Commissioners to extend water mains from Rosedale to their town after a 4A delegation met with Water Works Commissioner Donnelly. James Wood, 20, of 616 Russell Street, was fined 100 dollars and jailed 30 days for liquor possession and ordered to post a 1000 dollar peace bond. Albert Hil, 29, of 706 East Seventeenth Street, suffered a fractured leg when his motorcycle hit a hole at Seventeenth Street and Marrend Avenue and was taken to St. Elizabeth Hospital.
Judge Harbison in Kenton Circuit Court granted a new trial yesterday in the $10,000 damage suit of Miss Freda Rieselman against the Dow Dru Company after a prior trial awarded $1,000 damages for libel tied to a store check she had stopped payment on. Richard Eggemeier sues Mrs. Ease meier for divorce on charges of abandonment.
A list of individuals with associated residences appears, including Harry Robinson Franklin Ohio Helen Siegfried Franklin Ohio Frank J Anthe Covington Grace Hall Bellevue John Artoni Dayton Mabel Frodelman Dayton E L Shepard Urbana Ora Ferryman Mechanicsburg Carl Brickler Campbell County Kentucky Eleanora Kalfrat Newport Ohio.
New York May 11 reports show beneficial rains in the south and easy Liverpool cables fueling selling pressure. July cotton slid to 22.55 cents, down 49 points, with the market closing barely steady for the day. Trade totals reach 9,338 bales, accompanied by season totals of 7,543,096 bales, port receipts at 9,028 bales, and U S port stocks at 672.
Attention Radio Fans Volt Ton ic promises to recharge 12 of 13 Dry Cell Batteries for 7 cents each, claiming savings over 60 percent. The VOLTA TONIC CO ships anywhere at 75 cents per bottle from 636 Sixth Ave Dayton Ky.
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