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Newspaper
Denver Tribune
Location
Denver, Indiana, United States of America
Date
Jul 02, 1903
Page
5
Armour's wheat shorting triggers a $2,000,000 loss as Chicago wheat market surges from 79 1 2 to 81 1 2 with 2,000,000 bushels dumped to break prices. Yale defeats Harvard in three Thames races as other incidents report fires, killings, wrecks, and a factory explosion.
Winter wheat yields disappointing with late corn and variable notes across eastern Rockies to mid Atlantic. Report highlights favorable conditions in Gulf and central southern states, with drought stress in Dakota plains and southern Missouri. Oats outlook weaker in the Dakotas and Nebraska, cotton small but steadier, tobacco and apples showing uneven progress.
Alabaman planter Jd W Pace of Patlapoosa Alabama was found guilty in federal court of holding African Americans in voluntary servitude. He received five years in prison on eleven indictments and bail set at 5000. Pace owned ten enslaved people at his farm and admitted guilt. A separate Georgia case in Macon saw Wallan Shy Artie Clawson and Robert Turner fined 3000 total, suspended on good behavior, for forcing a debtor into involuntary labor after taking a debt. The judge noted this was a first such case in Georgia and stressed deterrence over harsh punishment.
Persey City resident Trenty C Nichols, a veteran of Antietam and the Wilderness, faced two operations at Christ Hospital to have his leg removed while conscious. Despite stoic bravery and a week of hope, he suffered necrosis from war wounds and died nine days after the second amputation.
President J A Beattie of Hiram College resigns from the board of trustees. James J Van Alen, previously reported missing, has arrived in Newport Rhode Island after a world tour. A gas engine explosion on the Enoch Ross farm in Marion Township Ohio started a fire that engulfed a well two air tanks and an engine house. Lightning struck a chimney at Lake Wanderdale district school injuring a teacher and a pupil. Twenty five pupils were rendered unconscious.
A historical survey notes a nationwide surge in construction from 1898 onward, with massive outlays in major cities and substantial rural development. It highlights wage rates across trades in cities like Chicago New York Cleveland and St Louis, and cites specific project totals and costs in cities including Washington Cincinnati Baltimore New Orleans and Omaha. The piece discusses delays and labor conditions affecting progress and contrasts outer-town activity with core urban building.
Traveling men file petitions for a new mileage ticket while rail lines plan changes. California line trains will run semi weekly between Chicago and major western hubs as Chicago Kansas City Los Angeles and San Francisco routes.
R G Dun & Co reports subdued distribution due to unseasonable cold and heavy precipitation though overall prospects show improvement with higher farm yields and expanding manufacturer orders. Iron and steel face confusion with transportation delays and shifting buyer power. exports to finished steel rise slowly while imports fall except ore.
Regional price ranges for cattle hogs sheep and grains across Chicago Indianapolis St Louis Cincinnati Detroit Milwaukee with wheat corn oats rye barley and pork prices. The data shows varied bid ranges by city and grade including No 2 and white corn and rough per bushel or cwt figures.
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