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Cincinnati Commercial Tribune in Cincinnati, Ohio

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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Sep 06, 1908

Page

12

Railroads Make Better Showing Amid Market Rally

Financial review notes improved railroad earnings, easing money, and strong bond demand. It cites a 10 million dollar Philadelphia bond sale at 103 1 3, rising stock prices, and signs of cautious optimism tempered by concerns of a possible correction. New York and broader markets show a rapid 1907-style recovery with inflationary pressure and dominant bullish operators.

Philadelphia New York New York Stock Exchange

Market Outlook Sees Gold Accumulation and Policy Momentum

Analysts describe growing idle funds both domestically and abroad as gold piles up in major banks due to high production and sluggish trade. With international balances favoring the U S, imports may rise this fall and stocks remain sturdy if crops stay safe and political fears stay low.

Foreign Bourses Close Higher Amid Broad Market Gains

London shares rose with a cheerful week end. Kaffir and Diamond stocks led advances while American securities steadied after holiday quiet. Con sols and major issues posted fractional gains as discounts held firm across short and three month bills. Berlin and Paris markets showed firm prices with modest discount rate changes.

London Stock Exchange New York Anaconda Atchison Baltimore & Ohio Canadian Pacific Chesapeake & Ohio Chicago Great Western Chicago Milwaukee & St. Paul de Beers Denver & Rio ‘Grande Erie Grand Trunk Illinois Central Louisville & Nashville Missouri, Kansas & Texas New York Central Norfolk & Western Ontario & Western Pennsylvania Rand Mines Reading Southern Railway Southern Pacific Union Pacific United States Steel Wabash Amalgamated Copper Berlin Paris

London Stock Exchange Week Ends Firm After Volatile Trading

Activity rose in Kaffirs and American shares then eased before finishing above the week's low. German Moroccan tensions unsettled foreign markets while Japanese bonds gained on retrenchment policy. Vermont election steadied sentiment briefly as Wall Street buying renewed, Harriman stocks led gains, and gold outflow pressured rates midweek before easing on Egypt rumor relief.

London Stock Exchange Kaffirs Germany Wall Street Vermont Harriman Southern Pacific South America Australia Port Said

New York Associated Banks Report Sharp Cash and Reserve Declines

The weekly statement from the New York associated banks shows notable decreases in cash and reserve, lowering the level to the lowest since June 27. Loans and deposits rose as banks participated in the Philadelphia loan agitation and stock market bull activity, while shipments to Canada reduced cash. Compared with the year’s highest surplus, averages fell by 3.5 million and actual conditions by 12 million, with further reductions totaling 14 million after adjusting for public funds.

New York Canada Philadelphia Stock Exchange

Cotton market steady in Liverpool as prices hold

Liverpool reports spot cotton quiet with unchanged quotes led by American mid dling fair at 5.81 pence per pound and good middling at 5.45. Daily sales reach 5 000 bales with 200 for speculation and export and 4 400 American. futures open steady and close steady with varied pairings through April.

Liverpool

Financial Report Markets and Exchange Rates

Financial news from New York notes prime mercantile paper at 4 1/4 to 4 1/2 percent. Sterling exchange steady with bankers’ bills at 484.60 to 484.65 for sixty days and 486.95 to 487.10 for demand. Commercial bills at 484 to 484 4. Bar silver at 51.5 cents, Mexican dollars at 45 cents.

New York Prime Mercantile Sterling Exchange Normal

Ohio Incorporations Filed in Columbus Tuesday List

The Ohio Secretary of State recorded articles of association for several firms and groups. Inderhees Trarbach Paint and Glass Company in Cincinnati with $15,000 in capital. Waverly Athletic Club in Cincinnati. Salem Concrete Manufacturing Company in Salem with $20,000. Italian Citizens' Labor Club in Sweedstown. Hungarian Presbyterian Church in Columbus. Grace Evangelical Lutheran Church in Greenville.

Commercial Tribune Columbus Inderhees Salem Italian Citizens’ Labor Club Sweedstown Hungarian Presbyterian Church Grace Evangelical Lutheran Church Greenville

Wool price notes in St. Louis market report

Wool prices steady in St. Louis with medium combing and clothing at 19 to 20 1/2 cents, light fine 16 1/2 cents, heavy fine 11 to 12 cents, tub washed 20 to 27 cents.

ST. Louis

finanical and personal notes from a regional paper

S Roth returned home yesterday after a two weeks vacation in New York City. Rahn Carpenter Company will move from Spring Grove avenue to Richmond Indiana and install in a new plant by year’s start. Will L Finch secretary of the Industrial Bureau and his family attended a Finch family reunion at Frank R Finch’s home in Indian Hill, with thirty five attendees.

S. Roth New York City Rahn-Carpenter Company Spring Grove Avenue Richmond Ind Will L. Finch Industrial Bureau Finch Frank R. Finch Indian Hill

Clearing House Banks Report Surplus Declines in Reserve

New York September 5 The weekly Clearing House banks show a surplus of 59 644 950 under the 25 percent reserve rule, down 5 714 025 from last week. Totals include loans 1 300 731 000 deposits 1 402 641 400 circulation 54 723 408 legal tenders 81 218 800 specie 329 086 500 with reserve required 350 660 350 and ex United States deposits 61 956 675.

New York United States Clearing House Greater

Manchester Cloth Market Shows Steady Week Amidlower Trade

The Manchester cloth market ended the week with steadier inquiry but sales still below average. India requests lighter cloths at steadier prices while China demand stayed weak due to producer concessions. Mediterranean and South American buyers supported activity as Japan purchased miscellaneous items. Yarns sold more freely while lower grade American goods drew home trade attention. Egyptian grades remained quiet.

Manchester India China Japan Yanns

Butter, Eggs and Cheese Prices Across Cities

Market notes from Elgin Chicago and New York show butter steady to firm with creameries at 18% to 19% cents, eggs firm with firsts at 20 cents, cheese steady with various daisies and twins quotations, poultry prices ranging from 10 to 16 cents for live birds and 12 to 19 cents for dressed stock, with regional receipts and weekly totals.

Chicago New York

Dry goods market steady as linens gain demand

New York reports a quiet day in the dry goods market with broader demand for linens and improved spring cottons. Burlaps weakened, jobbing market steady for prompt delivery, cotton yarns in better demand at lower prices and slight uptick in cotton yarn business.

New York

New York Port Trade Totals for Week Ended August 29

Imports of merchandise and dry goods at the port of New York for the week ending August 29 valued at 12,688,614 dollars. Imports of specie for the port for the week ending today totaled 62,046 silver and 305,049 gold. Exports of specie for the port for the week ending today were 780,585 silver and 400 gold.

New York Port of

Turpentine and rosin markets across ports steady to firm

Charleston Savannah Wilmington and Oil City report mixed activity for turpentine rosin and related products. Prices hold steady with firm rosin and note varied receipts shipments and stock levels across markets including A to N grade rosin and window glass and water white values. Oil City cites credit balances and large crude barrels. Toledo lists Lima oil prices for North Lima and South Lima and Indiana.

Charleston Savannah Wilmington Oil City Toledo North Lima South Indiana

Markets Quiet Across Commodities on Holiday

New York September 5 all exchanges closed for holiday with leather wool rosin turpentine rice and Molasses markets quiet and activity minimal across sectors.

New York

Market Brief Noted Gold Prices Slip Steady

In St Louis on September 5 the lead price anchored at 4.45 and spelter at 4.65 per unit, reflecting a steady metals market.

ST. Louis

Wheat Market Notes Clover and Alsike Seed Prices

In Toledo on September 5 prices for clover seed show Prime $5.85 for September and $5.90 for October, $5.97 for December and $5.55 for March. Alsike seed lists Prime $8.65.

Toledo

Strikers Destroy Minkmiens Teams New York

Striking teamsters attacked a milk wagon in West 97th Street after damaging a horse and harness and spilling milk into the gutter. The Sheffield Field Farms Dairy Company driver was beaten and one man hospitalized. Other wagons were captured as hundreds of gallons were spilled amid a citywide disruption.

New York Sheffield Farms Dairy Company West Ninety Seventh Street Sheffield Teamsters’ Union

Stock Market Report From Cincinnati Chicago St Louis Opens Week

Bank clearings rise in Cincinnati and Chicago extend gains while St Louis shows robust money demand. Municipal bonds strong with Telephone stock leading gains. New York exchange and government bond quotes feature across the market as traders await open Tuesday session.

Cincinnati New York Exchange

Wheat Profit Taking Weakens Markets Ahead of Holiday

Chicago on September 5 reports profit selling weakens wheat with prices near session lows. Large Northwest movement and record Minnesota Duluth receipts drive declines as corn oats and provisions follow suit. Total clearances are strong while cash premiums hold, and future arrivals loom large with Monday estimates.

Chicago Northwest Minneapolis Duluth

Markets Report Prices Across Regions for Grains and Provisions

St Louis price bullets show flour ranges from 4.40 to 4.75 for red winter patents and 3.90 to 4.35 for extra fancy to straight. Timothy seed at 2.50 to 3.40. corn meal 3.80. hay, bran, hog products and lard cited with steady or higher moves. Toledo Baltimore Milwaukee and Duluth notes list cash and future wheat routes, barley and flax on track, oats, and Minneapolis flour grades with patent and clear classifications. Receipts and shipments for flour, wheat, corn noted in St Louis.

ST. Louis East Track Special Dispatch Commercial Tribune Toledo Special Dispatch Baltimore Milwaukee Duluth

Cattle Receipts Heavy Amid Large Cincinnati Supply

Cincinnati dispatch reports heavy cattle receipts with a substantial supply in Cincinnati Ohio as of September 5 1908 despite a break in prices. Shipments and market activity reflect ample offerings and ongoing demand in the region.

Cincinnati

Cattle and Hog Market Report Features Mixed Week Results

The week shows receipts and prices across regions with cattle and hogs fluctuating. Northern markets report steady to weaker cattle values while hogs rise modestly. sheep and lambs slip from last week amid mixed demand. Key figures include steers around 4.75 to 5.75, hogs near 7.00, and calves steady, with regional variations in Buffalo Chicago and New York reports.

Nia Nivaree Bish & Cé Commercial Tribune Pittsburg East Buffalo ST. Louis Chicago New York Kkansas City Texas

Powers await Franco-Spanish note before action on Mulai Hafid

Paris reports from diplomats say the powers will wait for the Franco-Spanish note on the Moroccan situation before acting on Germany's communication recognizing Mulai Hafid as the legitimate Sultan.

Paris Germany Mulai Hafid

Jefferson County Democrats Nominate Local Slates for Sheriff and Officials

In Madison Indiana on September 5 the Jefferson County Democratic Party nominated Andrew Rea for Representative Melvin King for Sheriff John Brandon for Clerk Mat Rohrman for Treasurer B W Noell for Surveyor E R Tevis for Coroner Frank McKay and Ed Jeffries for Commissioners At the judicial convention for Jefferson and Switzerland Counties Hiram Francisco was nominated for Judge and Simon Leland for Prosecutor.

Commercial Tribune Madison Ind Jefferson County Democrats Andrew Rea Melvin King John. Brandon Mat Rohrman B. W. Noell E. R. Tevis Frank McKay Ed Jeffries Jefferson and Switzerland Hiram Francisco Simon Leland

Glasgow Bread Riot Fears Thresholds as Prince Arthur Attends Review

Glasgow faced bread riot threats for two days and a large demonstration by Socialists and unemployed during a Boys' Brigade review for Prince Arthur of Connaught. Police included an infantry guard as 5,000 malcontents booed and shouted revolutionary songs amid rain.

Glasgow Prince Arthur of

Montana Thain Collision Claims Three Dead Run

A head on crash near Paradise Montana involving Northern Pacific passenger train No 5 and a freight train kills all four crew members and five unknown tramps. An immediate investigation is ordered after a misdelivered order at Perma.

Missoula Ment Northern Pacific Paradise Here Mitchell Perma

Ohio Boy Suffers Fatal Self Inflicted Injury

James Culbertson, four year old son of William Culbertson of Blue Ball in Hamilton County Ohio, died this morning in a tragic accident when he picked up a public safety item from a dresser and struck his forehead. His sister called to him moments earlier but could not reach him in time. Coroner Schumacher was notified.

Commercial Tribune Hamilton James William Culbertson Blue Ball Schumacher

Also Mentioned on This Page

Henry Clews Morocco London Stock Exchange Associated Banks Statement Ohio Elgin Metals Winsky Peoria Edison Elect Ask Teteawae Ecc Dol Panama PNB Cin. & Ham G.N.& C.lsts S. Cov E Vo Ae Col. Ry N. O- Ists Nor.o.l Jom C. B Southern Dayton Ham. & Lind Dayton & Zi C.r.&f.w Miami CS Cin Aske N.O T.P. Tol Xenia Little ‘Miami Gt. Ry C.N Ooha & C. B Columbus Ry Det UN. Ry Valley Am. R. Mill Globe Soap Jergens Globe-Wer Bar .& Smith Sy F Brownell Caene Eueb F_&S Casey H Kroger Aeecusee A. F C. Etf Ph. Carey Pr Ph&fm Roots Proc. & Gam Columbia Gas Rob'n Realty G. & Ose Ae Seteee Steptoe-Sh Cuyahoga Ae U. S. Printing Eic U Tel Fam G. v. Powell P Feulds M. M Wurlitzer Fleisch'n Pr TOCKS Atlas Western Consol J. J A. O F. A M. N Southern Ry Seeeeres J. D Ovsaw Abs Specs Dedesee F. A. Esbeeereeeeeenee Gilbert W Wawbeeeeeeereeee Ae Hunt St. W Wenenee Sone Hamilton County Bonds Elizabeth Bridge Big Miami Covington Peewee Esse Ensko F. Eee First Colum Aia Bay Unity Law Traction ST KS C.&s Am.Oak L. Pr Amer Sone Bullock Fay & E.com Hoov-O-R Niles B.P Ismiitite Co Prime Investment Pee S. Kuhn & Sons, Bankers East Third ST Kroger Grocery and Baking Co Kroger Claude Ashbrook Weil, Roth & CO East Fourth Street The Southern Ohio Savings Bank Main ST Phoenix Columbus Gas and Fuel Company G. C. Scott Abraham Wildberg Eva E. Wildberg Abraham Connaught Montana Lad
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