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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Oct 14, 1908
Page
9
Chicago traders noted profit taking as wheat fell to near day lows amid scant offerings and weak cash demand. Corn and oats weakened with oats leading losses, while provisions fell on rising hog prices and ongoing selling by discouraged holders.
Caracas reports the Netherlands denouncing the De Reus dismissal and demanding Venezuela revoke its May decree at once. The Dutch note cites a 1894 protocol and warns of consequences while Venezuela prepares to resist, citing potential retaliation and coasts defense readiness.
Sofia reports no cloud over Bulgaria since Prince Ferdinand proclaimed independence on October 6. Officials believe European chancelleries will view Bulgaria's action favorably as the danger of a general war subsides. The army now under arms reaches 120000 men with recent calls included.
Belgrade reports Foreign Minister Milovanovich denying any mobilization or concentration by Germany. He says hostilities have paused for a time, with Serb government calm, awaiting Britain's action and the pre conference outcomes while relying on Europe’s recognition of Serbia’s cause.
Major Carmelo Castro brother of Venezuelan President Castro arrived in New York from Venezuela aboard the steamer Zulia. He stated he is here for a pleasure trip only.
In Chicago a government hearing on the Standard Oil dissolution featured cross examination of Henry E. Felton about railroad immunities. Kellogg pressed on 12 cent and 11 cent rates from Whiting to Toledo and Cincinnati, while Rosenthal and Felton avoided specifics on secret immunity deals and railroad prosecutions.
A string of building permits are recorded for Hillside Avenue near Anee Street and multiple nearby locales. Owners include Elizabeth Kane, John Saat, Henry Grop, J. B. Johnston, Adolph Seurig, William Swerel, and others with noted property types from brick and frame residences to two and a half story structures. Costs range from 2,500 to 9,000 dollars.
At the Southern Railway annual stockholders meeting in Richmond on Oct 13 H C Fahnestock W W Finley E H Gary and Charles Steele were elected to the third class of directors for a three year term. The report cites retrenchment cutting operating expenses by 3 213 825 with 59 percent in transportation and notes strengthened roadbed and replacement of obsolete equipment. The book value of equipment exceeded capital value after 10 013 520 depreciation. The report calls for gradual rate increases as business improves.
Judson Harmon presents the Cincinnati Hamilton and Dayton Railway annual report at the stockholders meeting. Gross receipts reach 7 960 612 with a 1 693 902 deficit and a 841 000 drop in net earnings. Freight costs and two cent-rate laws depress passenger earnings in Indiana and Illinois. Directors reappointed for three years. remaining plans for reorganization unclear.
Frederick A. Delano was re-elected president at the Wabash Railroad Company annual meeting in Toledo. The entire board of directors was re-elected as well. Stockholders cast more than 7 percent of shares and a similar vote on debentures. The board will meet in New York next week to reorganize and Ridward T. Jeffery may again serve as chairman.
New York stockholders at the Erie Company annual meeting re elected E. H. Harriman H. McK. Twombly Charles Steele and Norman B. Ream as directors. The Erie Railroad year end report shows operating revenue 50 007 608 and operating income 8 918 570 with expenses 39 977 497. Net earnings last year were 15 947 788.
J C Winans and Wood Patten arrived in Cincinnati with Knights Templar Commanderies from Dayton Lima Troy and other cities. The C H D Railway ran four specials from Dayton Troy Lima Fostoria Findlay and Defiance. Big Four ran seven specials from Bryan Wauseon Cleveland Tiffin Wanton Sandusky Clyde Marion Larue Bellefontaine Urbana Springfield Delaware.
In Goldsberry Missouri on October 13 D C Seaman a farmer took his two sons aged 10 and 12 to a district school called them from the class and shot one boy dead and fatally wounded the other before killing himself The motive remains unknown and the tragedy is investigated by local authorities.
Benjamin F. Stafford failed to collect 25000 from the Cleveland Electric Railway Company for alleged breach of contract. The Supreme Court affirmed a judgment in favor of the railway, allowing the company right of way through a farm, later used to build two streets and tracks, which were abandoned.
American women influence Paris designs while dressmakers seek the buyers verdict. Paquin notes American taste guides cycles from the Rue de Paix to global trends. London reigns in men’s wear with royal tastes shaping many items.
James Rusk a longtime Oxford resident and church officer was killed when struck by a streetcar at Front and High streets as he stepped from a wagon. He was dragged fifty feet and multiple bones were broken. His brother collected the body, and Rusk leaves several children including a daughter married to Rev. Charles E. Lowney. Conductor Paul Huston and motorman August Willek were arrested for manslaughter and released on $600 bail.
The French bark Grande Duchesse Olga, coal laden from Newcastle, Australia, after 104 days at sea, was sighted twenty four miles off San Francisco. Tugs were dispatched as consensus safety concerns rose due to a jump in reinsurance from 15 to 25 percent.
Charles Ross is alleged to have shot and killed his brother with a shotgun near Boydsville just over the Tennessee line in a dispute over dividing their corn crop. The killing occurred at their home, Mayfield notes.
The Ohio River at Cincinnati stood at 2 feet 11 inches and was stationary. Bessie Smith departed yesterday for Madison. River traffic forecasts expect limited movement, with packets aground unable to pass. Other ports report rivers drifting toward lower levels with multiple arrivals and departures listed.
Daily departures from the foot of Main at 9 a.m. for Louisville and intermediate points. Boats stop at Ky River freight and receive daily consignments. Contact Tel M. 189% for details.
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