Skip to main content
The largest online newspaper archive

The Cincinnati Enquirer from Cincinnati, Ohio • Page 5

Location:
Cincinnati, Ohio
Issue Date:
Page:
5
Extracted Article Text (OCR)

ISesT Goods Market Cotton I ofSlow Deliver- a on Contrails, troubles Having Upset -erchandisms riuua. iliac -j, Is ID Is uc- rut y-iC'' kvl und selling i -Jt gn-Ua to de- rlltd because an.t I'l' I nge trou- T' "'-s en a lines vt plain aiii-n rl.tnno and sim- r.J flL- rule steady, ntw deliveries ,1 days many mills wiuld days, stand- ni. I'liSUS of 7c i.u-iiu:!.s I'-ai; manufae- rul- steady. are being cmi" i Fine -ottons sat jj it- seim-m in d.ntte way. sold for prices.

Fall most iellerit Minor ad ith m-w base prices us been anu sum singnama are (i'-1'1-' nis are nui uomik tl oi tne year. Aotpting Higher Prices. ist adwiiicts in bleached cot- xltT? hav- i rrceiveo. in jstitantiai -business has been fr fruit, but on vihk are possible. caii vimbt'i yarn bleached tra.t i 'itfui.

some seu- fuaJay on fall bus! jpfcns. Tr-V S'lme Unea of kTfB (dJ-i lv.l fancies and some s. rs are nt setting bcairw-s on the stapW-n as they bit a (kw of warm weatn "1 ine ormgs ui 3 w.k.v. ihiit many mer- i r-i-v- -tii? wash goods b- on it hand to bi tnrit'isn ine. season, wun to arn-.

many, lines will Mir. pr iraU is working out of I'Stt in a m'-t -atisfa-tory way. r.w! Lire ismU-rwear corpora- rj-n tiinit-rtake iiw deiiveriea lx any their sample lines to tiieir orders -Many or tne ir.r.N iiavt been doing arnc: 'try rmyiness for some vry hopeful of future trade. aiffarfc wr r.rm. t'otton yarns -if iH-inff belt at high ni-r.

have few lots wyf uTi s-Ht'i be in need of 'sy fa" rjntra, t. Th. poitijn rise ams stnmg from mr-jpu-jit. Ic'i Wear in Demand. in wear staples rp an xcellent trade.

ttiiTiimii tin- fat art Jeing if are cnvinciiiK- Pric aove-1 a higher level, and It m.thz ir.ar.nfa-. turrr that July ih-i-r the eeneral level Fsr ti-i siting lurae dupti tf nJered and are i-i it larse agenejeft. ft-- z.u mill? business is r-i iomp. jj an innhilltv f'Et'rnr ronuired bv buv- Ri rram f-eres anl fancy are in active ln Vrfr.o'jS rernrt nrtrf rii Of W-HU rlnWti.r i thai th- nas and stl'l nivt flM. WrtrtI e-sarlly limited.

ina. -Wy rbina wool at but in nearly ont forward to --w i) a-e- v.i.t- ago. Ikw. V- "mncr are in irr in th. nr '-fI vr from th I can't 7--sui pare highball 'made mortthnproveith "Poiontyof- le rnre Wliiiky -j itnf.taliia.

"tie 7 NEW YORK STOCK QUOTATIONS. iniimt uoralnu. Bukeruid Broken. Howard, liiiwm I.I I I lAplli I "JL-1 i o.ooinbe7 AUia I IM lo pref UV 2 A ma I. couuer.

tcfi tkti fc; m. SUjUU ami. (an. I i bi pref 1 1 1 ill 1 luiU 1 kiu. 1 1 ti wl uufc.

prer i Am. C'utton Oil. Am. H. A Lo pref 1 i no Ilia vw I 14 14 I )4i.

so.jo 37 1 iliJ ticjinotiv.t 4IUi Am. mi to M- lO.IIU Am. S.eer Fdyii 14 i Am. 1 2m Aui. Tuu.

Am. T. Am. Wool I 2tH; Lk urvf i 1.. 4a 1UV loo l'HO un.r I Anaconda 421 4Si 42W 4i.ifc 42 U0 (WJHk I I loo Hi' Io i I AU.

CuUL .1417 140Wjl'4tMl auo lauu liali. i 107 JOB 1 irin. i ol i'ubttCCO 2li; 2tiufi (.... IJo pref Mwlu i lu2 i U. M.

pref. Hit Mroohlyo R. T.I M4! I 3 -I 83ai Canadian 2o2 2425 2.M 1440 "ot a) of N. i 1 lSrt. loa Central Leatheri S5il Dw uref 1- i.la! I.

1 I HZ I IK I 7U-HI i .1 3d 144 1 141, 30, A Ob.u. 271X1 auo Lhl.mao (iL W. 1 uret Chi. A N. W.I 144 olo.

F. I Lorlllard llHi 1 Uo 1st 1 110 i 1 I' I43U144U IHM Cum. (iaa ,111 :144 Loin lH I IS i 13U0 ln pref I Matltlera Sec. em xm 33SI SU'I -o ..1 33VHI Del. Hudaun.llTP,, Del.

4c I A H.a.1 2.1V. Z3sl 11 Do oref 43 I I I 43 Erie SU I ami! 37V 1 ZVCSW lo 1st I J71! S7U 31,1 S7( 3w Do 2d 4ii I I 4 I Till Hio General 171 ilHUSll'o 133 131tl 1IT Gt. Nor. pref. i 13.1 Gl.

S. Ore Ctral Golilncld I 4'-, I 30- 4l'MI UT0 4U1 ta eiaa Co w. I par. Ice f.y 3 It'll Mlnola mt. toi Interboro 20i! SO- 10'il 3u 1 2S 3 Ml lo pref I Oil-.

I WW Int. Mer. I Mi Uay I lltVai I- il. Paper hw isia, la I iM Do pref 511 I ST I. 3141 Int.

31l I I 3H, 31 Int. Harveler.ll-TillT jlli lii ll r', 21O0 Do pref I I1SO-1I wa I lSi 1-1 Do orel I I 1 11" I K. C. 28 i 28 I zon 44UO I V.llv.. ltM 1KA 1160l Mac.v I 87 80 IW vi a- I 1 1 St.

Hl'i "IW K. 30 a-vi ja-: ftoo DO uref I I Mo. PaclAc "441, 44-S, 42 42, X. M. 2d prer Xal l.d an i i.w 5TVr4H, 21i Xev.

lone. 1 1 1 20 team N. T. Nor. We.l...U3Mii i 112111? I 4Wl Nor.

1'acltlc 12SS, 12SyKlW.Kt Nor. American. I Hi tOh S1V Ml 2UIIO Ont. A .1 I I 33 I i 21 I 2v 1I01 llr 124,, 123 not Pacific Mall 331.I Pitta. Coal i Do i.ref I HI lOlno Pullman Pennsylvan'a P.

C. C. S. Pe-iple'a 11 I. I I 33 I liri 1.

Xfii 34 Preued Steel 30 I 00 i 33 Di pn-r 1 Rail. Sprlnxa 34 1 Iteadlna 1 ln iln l.tnret i w-i 1... 1 1 I MTV n. I a. 2T.ati I 22 231 mi 1 n-fc l.l.n.l .1 no I SOil 21 2Hi 2.

l.n St. Paul 11S 110 wwo recent arrivals. They are Betting tneir new lalt lines of carpets and run In shape and need further supplies of raw material with which to turn out the goods. Nearly all of thearly orders placed in the China market have now arrived here and importers state that the rest of the wool afloat will not help out much. Price is cutting very much less of a figure than usual with buyers, as they are willing to meet seller' Ideas, provided they can secure what they need.

MISSISSIPPI IXOODS Holding; Back Farmers and Curtailing Sales To Country Merchants. New York, April 12. Bradstreefs to-mor row will say: "Trade and industrial developments are largely favorable, and conservative optimism predominates. Jobbing trade reports include advices of -a ruieting of spring demand at large Eastern centers, with atten tion turning to late summer and fall trade, but of an Improvement at nearer points of final distribution, except, as in the Lower Mississippi Valley, where high water holds back agricultural operations and retards sales to country merchants aster trade, has been irregular, but fair on the whole, and generally better than last year. 'In Industrial lines features are the con tinued idleness of the country's coal miners pending possible settlements now under ne- otiation.

the quieting down of the textile labor situation as advances are offered and accepted and the prospect of an expenditure for building for the first quarter not much behind last year, but with a majority of cities still reporting decreases, however. "In the Iron and steel trades there is a higher iever of prices ruling, with the growth of a feeling that this is to a cersl tain extent curtailing some demand. It is also felt that higher prices for cotton goods and the backwardness of deliveries may have some effect upon future orders, those for summer and fall, which are en gaging Jobbers attention, now that regular spring demand has measurably quieted. "Business failures In the United States for the week ending April 11 were 214, against 281 last week. 2X1 In the like week" of 2i7 in 1U1.

2U1 In 1U0U and 281 In 1Ijm. Business failures In Canada for the week number 22, which contrasts with 23 last week and 28 in the like week of "Wheat. Including flour, exports from th United States and Canada for the week end ing April 11. aggregate 2.613,2KB bushels, against :t.421.S42 last week and 1.688.302 tills week last year. For the 41 w'eeks ending April 11 exports are 127.287.107 bushels, against in the corresponding period last year.

"Corn exports for the week are 32,553 bushels, against 3X4.300 last week and l.lTii. 14i 1 in 11111. For the 41 weeks ending April 11 corn exports are 31.7SS.477 bushels, against 42,213,131 last year." SPRING WEA THEE Has Caused Renewed Activity uild- ing Operations. New York. April 12.

R. G. Dun Weekly Review of trade to-morrow will say: The Industries and trades main tain their recent gains in activity, and an amount or business is carried on which, al though still, below the full limit of capacity, shows nevertheless a distinct advance. and is on the whole very satisfactory. The good spring weather' generally prevailing Is producing activity in building operations, which creates a larger demand for the various building materials.

It also facilitates the distribution of merchandise. both wholesale and retail, and from a number of important points In the Middle West and Northwest come reports of expanding operations. With this general maintenance of the recent growth In Industrial and trade activity there, is also a fairly steady continuanceT'of the recent notable gains In business confidence, in'-aplte of the tem porary effect of passing events which af fect In some degree the more speculative markets. Mill operations continue to expand In iron and steel, and the leading interest is now running at over 00 per cent of capacity. Contracts have-been sjlaced.

by the car com uanles for about tons of plates and shapes for delivery during the second and third quarters, and In the Centra) West a scarcity- ot plates for early shipment bas developed. -Tin plate and sheet mills are booked almost to China, and in wire goods Lmore activity la noted. While the demand for cotton goods IS somewhat less pronounced the market rules very firm, and further advances have been named In a number of lines. Export trade Is quieter, because of price advances and the heavy buying of recent weeks. -All re- -ports agree that trade in woolens and worsteds Is fair, and will probably expand still further, as reorders on fine dress fab- rica for fall have already begun, tailors to rilE CLNC1NMA'1 SATURDAY, APKJLL 13, 1912 113 Bro.dwr.

New Tork-Samwl K. E. Etuv X33 Walnut atraet. Cincinnati. UTOCKS.

rn)UIb Lawict aaicraelbaiaa. I I I IApU; .1 ST I 7h! wa, mu tiwi Do lit 114. lllulral 42 42tt' 48 I St. n. F.i I 1 I-ret ti5il 451 1 B.W.

1.. I .1 7tAll-- aoutharn 3U I au, Do pref. 74SI T4Hi 73 J3 Sou. J-mfidc HJUtiilia.llOTn 6AK Slova 47 4T I exaa 24i .1.. Tol.

Kf. 1 1. 1 Vfu.J Third Ave 4UMI 1 1 4Wi, 41 I T. St. I I Vt Do pref 1 33V I I 15tl i Tenn.

Copper 41 I 41 I 4H. t-fi 41SI 7W oref 1 83; I I SV Tenn. Copper 41 I 41 I 4Hi. 4j 41SI Ltaa Copper 3 U.IS) IBjWU inloo Pacific IlIS'H, 7OI0J no prei i i i Lntoo B. I 10 10ii K'il Uo uref.

I U. S. Ca Pipe; II I IT IT Uo pref. i i I 1 aft V. 8.

Hteel 71 TU, Tm.ili Do oref ll2i U2Skl I'M) Va. car I I I Wabuh I i HVil 15- I0 1HH) 3W 1200 Do uref. i 2tVi Zt Zlfe. ZZ i Slt S1 1 Val W. r.

Tel I 82V.I b2S, J3 1 noua Wla. Centrial ..1 6741.. W. L. 1 a 1 is 37 I 37 I TH I 2241 331 llltl I- fillll J0 Do ll I 224 Do 2d pref.

.1 Total ealea 849.U00 aharea. ExHllvldend to-day Closisf Quotations. I Bld.IAak.ll I Bld-IAak. Am. B.

Bui. W'l 74 141 1 4i 3 Int. Iowa 12 I HI Do pref. 26 2 K. C.

274 28 Do pref 82 84 a 134 14 Do pref. Allla-Chat Do pref. Amal. Am. Can 804 aot I 2)4 1104 111 Do Dref.

lhl.h 1834 1B34 Am. c. F. 6U4 30 Mackay K14I MSI ft 8SIM.I41 1142 K. Ik f.i 2i 38 Do pref 844 HO 4 Mo.

42341 424 Do prer. Am. Cot. Oil Am. H.

Do pref. ..1 111: HO' 334 1 64 441 3 24 234 Am. Tob. 20X4 203 IN. Mex.

2 pf I Si I Am. 1.000. Do pref. .1, .2 10H4I1UU 84: 83 107 ilOT' 33 38 Nat. ylead .1 '4 Darnref.

10li Am. Smelt. Nev. 14 Do pref. V.

T. Cent. 1144 113 Am. tw. Fdjr.

ISor. Am. sugar 127 1274 North, pac. izi 12 Am Tob. 1H34 1011 8 404 Am.

Wool 24 tint. Wea. Do pret. f- uni kz Anaconda, 424! 42' Pac. Mall 3:14: 34, tM.

I 4n 1 avu Atchlaon 1U04 Do pref. 103. I Do pref. 824. 834 fenn.

Atl. c. L.lne. 1411 .141 'pec st.i,;iiM4 107 Bait. Uhloln74 UIT4 People'a Oa.HW IO84 Preaaed flte.1' 33 I 834 Betn.

i Do pref. 24l Kl Brook. R. T.l 824 83 Do pref. Rail Sprlnn, 3341 334 Can.

Pacific. 24ttV234 Readme 1834:18 en. of j. 30 137.1 Do 1st pr. Do 2d pf.

P04, vt M4 974 22, St'. 28 I 28 Cen. Leatherl 23 23-l Do pref. 82 2W Rep. I.

A 8. Do pref. Hock I.land. Chea. a- Ohlol T4 80 CM.

Ot. 181k lo Do pref. ST'. Do pref. Rubber Do lat pf.

Ji Paul 38 384 37 1134 1104 42J 34j I 2 cnl. w.w.Ti4av,fit Colo. F. 1.1 184, 2 Colo. 444I 43 Do let pref: 76 1 78 Do 2d pref I 7t Gaa ..11434 144 68441 113 HO 4tU SFp; 42 8t.U 33 Do pref.

734 Corn 13 I South. Ry. I 2RS Do pref. 82 I 824 Dt.t. 3214' Del.

Hudfll71 1171 Del. aV Lack. 34T 384 Den. a R. O.I SI I 14 Ilo oref.

-t T34 4 'South. Pac. 112411124 IT.xaa Pac. 244 23 tThlrd Av. 4 40 W.I 13 I lHi Da oref.

4Z 43 Do pr.r. 34 I Erie I 38 384 Do l.t praf: 6H4I S4 ITenn. Cop. 404I 24 824 I tab Cop. il'n.

Paclflc Do 2d prer.i ih. Gen. Kle.tric!ltHt 170 I714IT1H 14! 814 lint! 184 Do pret. S.N.Ore elf 3 4 iRay oldfleld 4A. C.

S. C. Pipe 1V 174 Ice ttec'rHleat 23 I 234 Do prer. o. M.I.

TO Illinois on-. '12li 124 Inter. 104 204 Do pref. t4 f. 8.

a. Co. Do prer. 324 i 82 83 73' TB'i 3841 BT4 74t 1 Va. Car.

w. U. Int. M. Mar.

841 114 Do pref. 23- I 24 Int. Paper 124! "'i Int. Pump 314 Do pref. 83.

844 Kl'eat'hae El. Wla. Cent. De 18 Pf. Do 24 224 23 114 11' the trade are duplicating and salesmen on the road are getting a better business than at this time a year ago.

Cotton knitting yarns have advanced, and worsted spinners are beinr pressed for deliveries. Trading In footwear improves as the sea son advances, but there Is no active Buying, aa most wholesalers are operating conserv- atlvely on account of high prices ana un- settled stvles. leather maintains 11s re cent rate of progress. Domestic hides, both packer and country, are more active again, and sales are larger than for several weeks previously. CANNERS Send Committee Here Lc-ok Over Ciicinmti, Which Is Slaking Fight To Lind the Next Coaventioi.

T. A. Scott. Cadis, Ohio, who Is President of the Canning Machinery and Supplies As sociation, and James M. Hobos, Cleveland, Secretary of the National Canned Goods and Dried Fruit Brokers' Association, spent yesterday in Cincinnati In conference with the Cincinnati Commercial Association re garding the next convention of the Nation al Canners' Association, with which th two bodies they represent are affiliated.

The National Canners Convention is one of the largest In the country, as it has nearly 4.0UO members. Cincinnati was the first convention city of the organisation? In 1908, and the members have quit a sen timental attachment for that reason. Cin cinnati is fighting with Cleveland, St. Paul, Richmond. Louisville and Chi cago for the 1012 convention.

When the canners were hoUing their convention in" Rochester, N. last summer. It was agreed that the heads of the affiliated organisations would visit Cincln nati and look over the local field. The vis- laiors Inspected tMuaic Hall and took an auto ride about the city, being entertained with a luncheon at the Slnton. In the afternoon they made an auto trip through Norwood, visiting the United States Playing Card Company, Globe-Wernlcke and other plants In the Norwood factory colony.

The day was concluded with a dinner at fhe' Business Men's Club, after which they left for Cleveland, where to-day a meet ing will be held with the President of the National Canners" It Is ex pected that the convention city will be named at this meeting. MEN AND MATTERS. The Paducahs, a noonday luncheon club, yesterday presented James S. D. Smith, of the John Hauck Brewing Company, with a handsome set of knlyes, forks and spoons In honor of his twenty-fifth wedding anniversary.

The presentation waa made at a dinner which Smith gave to the members of the club. Among those present were Albert Relnhardt, chief clerk of the County Commissioners; William Margeson. Rosenthal, D. Bunnell. Ous Glldehaua.

John Ntomea A. Thlly. David Scott. Emll Von Wyck. Gus Doll and Councilman Robert Urlcho.

of the sixtn ward. AFTEB A BIO ATTEKDANCE. Those arranging to take care of the convention of the National Commissary Managers' Association. August 21 to 23, want a good attendance. A-oout 800 delegates are expected, but In order to secure the greatest possible gathering in the history of the organisation a meeting was held yesterday afternoon at the Merchants and Manufacturers' Association, at which it was decided to send a delegation of 25 citisens to Huntington on May- T.

At that time a district meeting of the organisation will take place, and It is to the Interests of Ctncinnatians to make a good Impression upon those in attendance at that session. J. C. Schaefer, Charles K. Roth and Ferd PhUlps will make arrangements for the trip to Hunt ington.

LYUCHItfG KAY FOLLOW, Akron. Ohio, April 12. A po of farmers are still scouring the country, near Warwick, In search of the well-dressed negro who attempted to attacg. Mrs. Julia Gar land, the wile of a last, night.

i STOCKS Feel General Unrest. Prices Recede Early add Then Have Little Recovery. Canadian Pacific Has Another Spectacular Heavinets Sbttva By Harrimaa Issues Is Aeeomtiaiied By Reports New Fioaaeiig. A araciAk DisrATTw to tsts ivoriaca. New Tork.

April 12. Politics, money con ditions, the strength of agricultural staples and the growth of reactionary sentiment among the professional speculative fra ternity were all urged against theratock market to-day. There was particularly novel In any of the arguments. nd probably the state of Wall street opin ion was more significant that stocks had leached a stage of Immediate uncertainty than It was of anything else. On active dealings which, however, de noted no particular expansion over recent volumes, prices of stocks receded throughout the forenoon and a little recovery In the early part of the afternoon still left most leading fhares about a point below last nurnt close.

Labor' unreal, as demonstrated the decisive "strike vote" of the locomotive engineers, was among the potent influences or the day. To these were added- the severe criticism aantnar the l'nlt1 HtJt. Steel Corporation by atcongressknalcom- mlttee for its alleged llhreatment of em ployees and the probability of an unfavorable report against the same corporation oy tne Stanley committee. 1 Large Orders For 'Bails. To counteract these Items there were such developments as a further rise in prices of certain inland Iron finishing products pending large orders for steel rails and other equipment and sales of copper metal at a fraction above lttc.

Respecting the technical position of the stock market sur face conditions earlier In the week pointed to the prospects of a setback, if for no other reason than that speculation had one from the more standard stocks into those which have derived much of their Impetus from the operation of pools. It was evident also that there had been very extensive liquidation for profit, and that manipulation made caution advisable, if not necessary. The opening here was Irregular, with an other spectacular rise In Canadian Pacific Its two-point advance being In response to a similar gain In London. New Tork Cen tral was another active and strong stock In the Initial dealings, as were also Amer ican Can common and preferred. These were more than offset, however, by pres sure against Steel and Union Pacific, which continue to hold their places as market barometers.

The movement throughout the early session was uncertain and not until after midday did the selling make more than a slight impression. 1 Went To Lowest Level. In the meantime New Tork Central had risen to Its best price of the present move ment, while Can common established Its very best puotltlon. with considerable accumulation the preferred. In the last hour, after alternate advances and declines.

the market went to Its lowest level, with recurrent selling of Steel and Union Paclflc. The heaviness of the Harrimans was accompanied by reports of new financing. which were later officially dented. I The closing was weak, with little support at concessions. Out of a total approximating SriO.uuO shares 8teel supplied almost 25 per cent, with Reading and Union Pacific as the most active stocks.

There was more demand for call money, which again loaned at 4 per cent, although the bulk of the offerings were at lower rates. Forecasts of the week's cash move ments Indicate a gain by local banks of S4.000.000 to S3.aio.onn, which would seem to neutralize the outflow of the early week. Time rates were easier. London bought and sold upward of 000 shares here, with a small balance of sales, chiefly Union Paclflc, Amalgamated Copper and Steel. I Domestic bank clearings gained over per cent over the corresponding week of last year, but wer practically same as in the same week of 1010.

The gains are due chiefly to operations of local flnan- Institutions In 'connection with stock 'market -t Total, sales of stocks idKday were IWR.nOO shares, against MK'Jtlii yesterday; holiday 'a week ago and holiday a year ago; bonds. S2.412.um, gainst r2.tlR2.00f) yesterday; holi day a week ago and holiday a year ago. CANAL SURVEYS Will Be Resumed With View of Their Early Abandonment, irti uL msr.Tra to tbb ixccissa. Columbus, Ohio. April 12.

An effort Is to be made to complete the work of surveying the canal lands of the state which are to be sold or leased under the Dittmer bills, passed at the last session of the General Assembly, according to Engineer Booton head of the Land Department of the State Board of Public Works. The surveys so far have resulted In discoveries that abut ting property owners have encroached on the state's domain In many sections of th state, particularly through cities and vil lages. I With the completion of the survey the lands will be sold or leased for a period of IS to 25 years- The canals of which the state Is to divest itself Include all save, the Eastern Ohio snd the Miami and Erie. which are to beretalned tor possible future rehabilitation. I It is estimated that the disposal of the abandoned canals will result In turning revenue into the state treasury, and will save the state th expense of canal superin tendents and additional expense of cutting weeds In portion ot tne former arteries of commerce.

More than 300 miles of canal will be turned over to useful purposes. EXTENSION OF LOAN Planned By Prussian Government Many Bonds Held in America. Berlin, April 12. The Prussian Govern ment has decided to prolong the entire of short-term four per cent treasury notes payable In July. a large amount of which was placed in America during the crisis of 1911.

The imperial treasury, department which redeemed S5.000.000 of note which- were due on April 1 and will redeem 1 15,000. ono on July 1, has decided to prolong the balance of $40,000,000 due at that date, thus ma kins. together with the g50.000.ooo of Prasslan notes already mentioned, a total of 000.000 of notes to be placed on July 1. the majority ot which wll be made payable In 1018. The.

Prussian and Imperial Govern ments hope to extend the notes at par. Loan To China. Pekin. China. April 12.

The British representative of the Belgian financial syndicate signed at Shanghai yesterday a contract for the loan of a further sum of 3.000. 000 taels (approximately 1. 400.000), as an advance on the projected hlr loan tn is- fvuneag irOYernmeni weather Condition. In Varions Points ot the trnltad SUtaa. The following tahla shows the state of the weather in the places mentioned as reported by the Weather Bureau at 7 a'aIa-I.

T. llmi! last nignt, nineuetn mermi Clear. Cv Cloud. P. Parti.

Cloudy. Rain. Snow. W. C.

DEVEREAUX. L. Weather Bureau. DEBT Of Columbia Company Reduced BIoreTban Four Millions and Surplus Increased. Good Return Frofa East Ohio Holdings and Prospector Increased Earnings Suggests Dividends.

The annual leport bf the Columbia Gas and Electric Company tor the year 1011, which was submitted at the annual meet- Ins- March, has appeared In pamphlet- In addition to parts given out at that time President White details the financial operation. The floating liabilities nave tieen decreased M21.2T2 83 and 'the surplu. Increased to I1.3-.248 41. The bonded debt was reduced by the cancellation ot 3.5W.-500 leaving S13.00e.000 outstanding. There also were cancelled $108,000 bonds of th fia.

TransportaSon Company In VJiu ano since the close of the fiscal year Taxes of the Columbia company hav. been Increased S102.814 06. The use of electricity Increased 5 per cent over 1810, and net earnings were i ner cent greater. Of the contract with Cincinnati Mr. White says: "Th Union Gas and Electric Company last year entered into a ten-year contract with the city of Cincinnati, effeetivajune 1, 1012.

which, while at a somewhat lesser rate than the previous contract, Ynd- for Improved service and better lights, (never theless, due to the Increased number of lights, we believe will maintain the com pany's revenue from that source. "Tour management was influenced In of fering these reduced rates by the belief that a broader public policy would be appre ciated by the citizens of Cincinnati and more cordial relations established between the citizens and your company. The company has HO wells, with an open- flow capacity of 200.0110,000 cubic feet daily. The operation of the East Ohio Gas Com pany, In which the Columbia has a 5 per cent stock Interest, increased Its earning per -cent and S7C0.00U was applied to dividends on the preferred, the Columbia's share being The East Ohio' also decreased Its bonded debt S500.000. Mr.

White says the policy of the manage ment Is to liquidate the floating Indebted ness and retire as many bonds as possible. He says: "We feel that the company now rests upon a substantial foundation, is practically free from floating debt, and with the growth of business the earnings can be devoted to the payment of dividends." I CITIZEN OF CANTON Appeals To State Service Board For More Street Cars, arsci.L piararra to tie bxqcibsb. Columbus, Ohio. April 12. Failur to provide enough cars upon the city lines of Canton to properly accommodate patrons Is the gist of a complaint filed to-day with the Public Service Commission by James Robinson, a citizen of Canton.

He brought bis case before the Public Service Commission of Ohio under the terms of the recently enacted public utilities law, which permits any citizen to complain against the service or charges of any street railway company. Me asks the commission to order additional cars placed on several line, the case being one of the first of this kind under the new law and las tarted In the nature of a test. INDIANA CHARTERS. aPSCIAl PI WATCH TO TH Bxerrsz. nd tana polls.

April 12. -The following articlea of Incorporation were Sled hare to-day: Cooperative Buyer- AaaoclaUon. uncle: gm-eral merchants; capital stock. Direetera. C.

C. Peraonett, I. Ellla and Robart clementa. VIo Manufacturing Company. Terra Haute: to manufacture automobile nana and other mechanical devices capital Mock.

Directors. J. R. rinheuitelB. O.

Jenckea, L. M. Eyke and W. u. Lewtil International Information Company.

Indiana p-olle: to manufacture adverttaln capital atock. Philip Man-en, Lewis Linder. H. C. Jay and at.

R. Borders. Modern Plalln and Manufacturing Company, Indianapolis; electro platers; capital rtock, S3.O0O: Directors, H. Davla. C.

W. Hall A. J. Matthewa. R.

P. Johnson and J. E. Johnaan. Plumroer-Holllnsaworfh Company.

Indianapolis; real estate capital atock, Directors. C. K. and Lure B. Holllnas worth aad C.

B. and Nora B. Plummer. Beacon Insurance Company. Indianapolis: capital atock.

to -conduct a life Insurance traelnaas on the atock plan: Incorporatora. o. P. Wodrun. Bj.

D. Reardoa. U. M. ad.

Fremont Swain, r. T. Dowd. O. W.

Mead. W. 8. Polln. J.

F. Rainier. O. J. Dethlck and U.

O. Leasenby. Ib -ins i. "mm. ana uuiuin Transportation com-any.

ot Chicago, filed notice of the Issuance of jan.OOo additional comsioa stock aad S100.00V pww Ufa. rwrerf 1 1 -a. 72 80 fHCy (Mobile. .12 8 1.48 Aboea. 82 88 0C Modes.

34 .80 8 Amarulo TT. 0 6S SO .72 Atlaala 7J 78 OCy 38 44 00 Atkaue. 46 60 0 OCy 72 .04 82 80 .04 Boa. 41)40 I. Oft New 68 78 .10 64 78 .28 Cy Sew 48 52 .02 Cy Bonos.

44 58 .04 Cy Norfolk 70 80 0 0 Buffal. 452 North Head. 48 48 ,02 0 Cawo o76 28 Ncrthfield. 38 48 0 0 64 72 0 Nor 70 76 0 0 68 0C 72 76 .38 0 74 80 0 Cy Omaha. 70 T4 0 0 38 52 .01 Cy rVrfceMburg.

72 82 OCy Caaaao .42 52 OCy Parry 42 0 0Q 76 82 OCy 58 60 Clrreaad. 42 68 .02 RUshori 62 78 .10 Cy 66 78 0 Cy Poeatelio. 41) 48 48 76 80 0C IPoruend. Ore. 52 54 OCy Csr.Carati.

7 .02 Cy Priaoe Albwt. 44 44 OPl Dataanoit. 580 OCy 'Pueblo. 62 88 OPe Dearer 48 80 OCylRaiekk 72 82 .00 64 70 .180 52 60 OP Detroit 44 54 0 Cy Rod 54 58 OR DrriliLakt. 44 SO 42 46 0 0 72 78 OCy iRewbsnj 4 50 .48 74 80 OPelRanraU .66 74 00 Dubuque 38 82 0 Cy 58 58 OPe DbIuuV 2830 .02 Cy St.

Paul Bi 68 OPe Duraao 2839 14 Cy St Jones 70 78 00 EKport 4048 OrC 'St Una ro72 1 40R .04 Sak L. 142.46 HPan 48108 00 Saa 74176 OPe Eanka 50 SO .18 0 Saa Dmo. 56S8 70 78 .24 Cy Han Fnuaoaco 52,54 OC rladtafr 24 28 .62 Cy Santa Fe 3o'48 .02 8082 .180 Saa L. Oban. SJ'S4 .04 Frans 61) 66 .04 St 8te- Marie 38.50 0 Ft 76 82 .16 0 Seattle.

48,50 .01 Ft Wa)o. 60 78 .24 Sheridan .38 Cy Qalveatoa 68 74 OCy Saiereport. 74178 1.08 Cy Or Rapids. 48 62 OCy Sioux 68,74 0Cy. 60 62 0 Spokane, OCy Or Juaeuaa.

38 48 .02 Cy Sons d. HI 60 74 .42 Cy Graea 38 44 .28 Spnaj'd, Mo. 0 0 Hattaraa 64 74 0 0 Swift Current 32 84 0 Cy Hane 340 .0 Cy 76,84 0 Cy Helena, Moat. 411 42 .02 Cy Taoonia 50,52 0 Cy Huroe 70 74 OH Tat'h Uiand OPe 58 78 .04 72 84 OCy Jaekaxmile. 70I78 .01 Toledo.

4jS8 .06 Cy Kalapeii 52 80 OCy Toauoah 36,38 .06 81)60 0 Tueam. 52 64 .24 Cy Kanaw 70 78 00 96 74 0 60 68 .42 Cy Vickabanj 64 72 2.22 Kmnlle 76 82 0 Cy Walla 48 48 .76 Lander. 44 64 .06 Cy Waabmftas. 70 80 OR Little RoekK. 7U 72 Wichita.

.02 0 Lot AnrelaU. 54 58 OCy Wuurtoa 42 46 .01 76 82 OCy Winaemnnra 44 48 OCy Medina 32 54 OCy 5846 OPt Mcmpha. 84 70 12 Yeupwrtoee. 32 40 .918 Miami 72 84 3 08 RA Ytuna 6466 0C WOOL, Hide and Pelt Rates From Points of Oris.ii West of the Mississippi River Are Ordered Cut By Interstate Commerce Commission. Middle West Carriers Mast Caaeel Their Proposed Advances ia Stack Cattle Tariffs.

D1SFATCH TO TH B.NQCISSS. Washington. April 12. The Interstate Commerce Commission to-dsy rendered a decision making reductions In' freight rates on wool, pelts and hides from all points west of the Mississippi River to all points east of that river. The present rates have been In force 15 years.

The commission found that the wool rates are unreasonable; it ordered that the present "blanket" system of rates supplanted by graded rates; It prescribed lower ran on baled wool than on wool In sacks, and advised Western growers to bale their wool; It establishes car-load rates on wool at a cheaper classification than is now main tained: it gave to intermediate cities the privilege of cleaning and treating wool In transit, and, under restriction, gave the railroad, permission to charge a lower rale on wool from the Pacific Coast to the East than from the Intel-mountain districts. Railroads re given until May 1 to sub mit new tariffs in lfne with to-day's ooin Ion. The complaint In the case was brought by the Railroad Commission of Oregon aud tne National Wool Growers' New Bates Authorized. The opinion was handed down by Chair man Prouty. It holds that the present rate of 81 lo per hundred pounds ot wool lu sacks from Colorado common points to St.

Louis should not exceed SO cents, and that from points west of Cheyenne, Wyoming, an tite cnton Pacific, and Trinidad. on the Santa Fe, the rate to St. Louis misfit be two cents higher for each aiidi tiorial 25 miles. On the Denver and Rio Ciranue a rate of HO cents Is authorised from die first station west of Pueblo. Colo.

with a similar two-cent Increase from points turtner west. Concerning the rates be applied on through shipments from Western points to Boston and New York. Chairman Prouty declared they should be constructed "bv adding to the rates prescribed to St. Louis in case 01 sacked wool, 52 rMlt to Boston and 48 cents to New York: In case of haled wool, 4T cents to Boston and 43 cents to rew York." In the judgment of the commission transit privileges should be allowed at inter mediate points on a direct line by payment 01 cents a hundred pounds, but only on condition that the wool shipments oris. Inated west of the Mississippi.

In certain specific Instances the commission permits the carriers to exact a higher rate for a snorter than for a longer haul. Cancel Proposed Advances The Commerce -Commission's order re quiring railways in the Middle West to cancel their proposed advances of 33 1-3 per cent In the rates on stock cattle, or "feeders," by April 15, wss modified to day by making the order effective May la extension was granted that the car riers might have opportunity to present, on May 2. arguments In support of their con tention that the order should not apply to shipments of feeder cattle to points In Illinois and Wisconsin from points west of the Missouri River. The Columbia Fuel Companies of Kentucky to-day filed complaint before the Commerce Commission against the Louisville and Nashville Railroad and other common carriers, charging unreasonable rates on coal from Kentucky coal fields to South Carolina points. An increase of 15 cent a ton I charged, which advance Is alleged to be excessive and unreasonable.

Oral argument of the Minnesota rate case was to-day concluded before the Supreme Court and consideration of the Arkansas rste cases was begun. EXPRESS COMPANY Is Indicted By Buffalo Federal Grand Jury For Overcharging-. BuffaipV N. "April Indictments, one- containing Ht counts, against the American Express Company, and one containing- five counts, asalnst the Adams Ex press Company.1- were returned this after noon when the Federal Grand Jury mad its final report to, Judge John R. Hasel.

Th Indictment- Against the American charge that company with overcharging A FINE IFor is 6 Sale- FCZJ PURE RVE I Uniform' SHOES 83 s3.50 85 FOR MEN AND BOYS THE 5TANDARD OF QUALITY FOR OVER 3Q YEARS WEAR W. L. DOUGLAS SHOES You can tare money because they are more economical and aat nfactorv in a trie, fit and wear than any other nvajrea. W. L.

Douglas name and price stamped on the bottom guarantees full value and protects the wearer against high prices and inferior shoes. Insist upon ha ring the genuine W. L. Douglas shoes. Take no substitute.

If yoor Sealer eaaaot sapper W. I Douglas shoes, writ. W. L. Brockton, Maat for catalog.

Shoes aent averpVhera delivery charge, prepaid. CALL AT W. DOUGLAS STORES 417 Walnut Street 532 Vine Street, near 6th St. in 10 specific cases on shipments originating at Allqulppa. and passing through this district The maximum penalty Is a fine of each offense.

The five counts agaahst the Adams Express Company charge that a rebate was allowed shippers at Arcade. N. In return for bringing their goods to the company's station. Such a rebate has been held legal, but It alleged the company failed to publish a tariff showing the rebate. The penalty upon conviction for each offense 1 a fine of not less than 81.000.

nor greater than $20,000. FACTS AND FANCIES. Advices received by Sprits, Voll Co. announce the declaration of dividends by the following companies of the Cobalt Mining District. Canada: Wettlaufer per cent, per cent bonus, payable April books closed April 5 to-20.

Buffalo, 3 per cent, payable May 15: books closed May to 10. Crown Reserve. 2 per cent and 3. per cent bonus, payable May 15 to stockholders of record April 3D. Kerr Lake, oi per cent, payable June 15, to shareholder of record June 1.

The Modern Miller says: "A wide diversity of opinion prevails as to the condition of the winter wheat crop. Extensive damage from winter killing to late sown soft winter wheat Is reported. Other reports assert that the wheat Is unusually late In growth and will germinate with favorable weather. Quite a number of correspondents claim improvement In conditions. Reports of damage are coming from the hard winter wheat regions of.

Kansas due to exposure of the plant during severe cold weather. A considerable area is being plowed up." The trength in North America tockjs based on the probability of an Increases dividend at the next period to per cent. Earnings are reported as being 10 per cent. The Consolidation Coal Company reports to the New York Stock Exchange for the year ended December 81. 1011.

gross earnings Sll.43n.0M4. against I12.712.206 previous year; total Income S2.u6a.K4r). against S3, 4 1.1.054: surplus after charges agslnst $1,712,576. Dividends of were paid, leaving a surplus of $182,323. Ofllclsl snnoucement Is made from London that In the month of March th mines of th Rand produced 830,703 fine ounces or gold, the greatest In their history, valued at i3.S28.o8B.

The previous record production was In January last, when 737.000 fine ounces were taken out. valued at February's outturn was fine ounces. In March last year the output, was 076.065 fine ounces. It is reported from New York that the Greene-Cananea management has had under consideration a change in the par value of the shares, which plan, if carried out. might bring about a reduction from 2.50".-000 shares to 1.000,000 shares.

Investors In Standard OH securities are encouraged by the report that the Standard Oil Company of Indiana Is soon to pay 2 per cent on the increased capitalization -of KI0.0OO.u00 and that at present the com- pany is earning 45 per cent on the increased capital. The' stock sold up to 2KO yesterday, an advance of 15 points. Upon the recent declarstion of the regul.tr -dividend oil Western Maryland preferred stock the question was raised as to how soon dividends on Seaboard Air Line Railway preferred might be expected, especially as the dominant interest of tlicj Western Maryland controls the Seaboard Air Line. For the three months ended March this year the American Telephone and Telegraph Company reports gross, earnings of Slil.323,3S.'i which compares with 1 1 1 -214 60' for the same period in loll. Xeti, earnings were Oo.

compared wltti $8.268.797 10. and after deducting 43 Interest and 11' dividend there was a balance of 40. compared with a balance of I.5KI.G.S; 72 011 March 31. 1011. LEWIS CASE Goes To Jury, Which Is Locked Up For the Night.

St. Louis, April 12. The case asainst K. G. Lewis, charged by the Government with using the mails to defraud, went to the Jury in the United States District t'ocrt this afternoon.

The jury was locked up for the night without having readied a verdic t. CLARK CLUB ORGANIZED. rectal. pi.rjTi h. to tap: out ikes.

Lexington. April 12. A champ Clark Club of. Lexington and Fayette County was organized here to-night, with-James L. Watkins.

President: Hogan 1.. Yance. Vice President; James J. o'Hrlen. and W.

H. I-nudeman. Treasurer. The attendance numbered more than 1011, all business men. business district preaent Dorter, raw materials, nar.

Brewery I USINESS CHANCE WITH BEST BUSINESS LOCATION On or before noon of MONDAY, APRIL 22, 1912, I will receive sealed bids for the purchase of the entire brewery business and outfit belonging to THE J. WALKER BREWING COMPANY, No. 1125 to 1135 Sycamore Cincinnati, Ohio, (established since 1829), as a running concern, including all of its perpetual leasehold interests, witn privilege ot vats, casks, tanks, kettles, equity wortn about to the running of the brewery together with all buildings, purchase (in the moat desirable barrels, bottles, boxes, beer. ale. ii iff U.UW.UUj, subject to terms of lease, being all property devoted plant, free from the lien of any rents prior to day of aale, improvements, machinery, engines, boilers, tools, fixtures, tially finiahed and finished products, horses, wagons, book accounts and bills receive, ble prior and subsequent to receivership (estimated face value $20,000) as said aaseta and property and accounts stand on day of sale, together with the good will and custom of the business (sales for year 1911 amounted to 14,110 barrels' of beer, 906 barrels of ale and porter).

Its beer has an excellent reputation and the quality of ita ale and porter haa been acknowledged to be unexcelled in the West and South for over fifty years. Appraisement $92,584. TERMS OF SALE: One third cash, one third in two years and one third in three, years, evidenced by two promissory notes bearing 6 per cent interest per annum, payable annually, secured by mortgage upon all the property sold; or all cash, at the option of purchaser. Said sealed bids must be addressed to "EDWARD BEIGEL, RECEIVER OF THE J. WALKER BREWING COMPANY, care OTTO PFLEGER, ATTORNEY, 809 Provident Bank Building, Cincinnati, Ohio," marked "Sealed Brewery Bid," and to be accompanied by a certified check for $2,500.00, payable to the Receiver.

Said bida are with. out limitation aa to amount and subject, to the confirmation of the Court in Case No. 146,054, Hamilton County Common Pleaa, Schults vs. The J. Walker Brewing Co.

For further particulars inquire of OTTO PFLEGER, ATTORNEY, 809 Provident Bank Building, or of EDWARD BEIGEL, Receiver of The J. Walker Brewing 1125 Sycamore Cincinnati, Ohio. Otto Pfleger, Renner Renner, DeCamp Sutphin, Maxwell Ramsey, Adam A. Kramer, Saul Zielonka, Cobb, Howard Bailey, Attorneys. 1 i.

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

About The Cincinnati Enquirer Archive

Pages Available:
4,581,644
Years Available:
1841-2024