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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Apr 01, 1908
Page
5
New York stock market edges toward a tipping point as heavy selling pressure meets cautious support from powerful interests. Trading shows declines across bonds and stocks, with notable notes due and dividends debated.
Traders faced a weak session as rain in the southwest dampened demand for wheat and corn. May futures opened lower, closed near session lows, while oats and rye held, and hogs led buying on a firm cash demand.
East Buffalo New York reports mixed livestock receipts with hogs at 5.90 to 6.50 for heavies and Yorkers, sheep steady, yearlings 7.50 to 8.00, calves steady. Union Stock Yards show overall steady to firm tone with buyers cautious and prices uneven across categories.
The metropolitan dry goods trade shows select strength in some lines with reduced price points but overall retail movement remains weak. Cotton goods exports decline while agents report slower demand for fall dress fabrics and general business softness persists.
New York March 1 Coffee futures opened steady to firmer, then eased as European demand concerns faded. Closing prices were steady, with 27,000 bags traded for April 5.05, May 5.70, June 5.60, July 5.15, September 5.78, November 5.9, December 6.05. Market remained mild and quiet with limited activity.
Farmers are urged to enrich stable manure with phosphorus to boost its value as a fertilizer. Suggestions include daily scattering of acid phosphate at about one pound per animal, or mixing 49 to 60 pounds of phosphate per ton of manure. Rock phosphate and floats have long been used with good results, providing phosphorus and nitrogen in a form that minimizes loss. The recommended additive acts as a powerful plant nutrient while reducing nutrient waste from stall leaching.
Market item from a historical paper shows a teal advertisement line with sale code 3585 and a call to try the Journal Gazelle Want Ads seeking buyers. details are partial and the readable portion emphasizes classified-style listing.
A Wisconsin pickle maker, Manitowoc’s Clovers plant, abandoned operations after cucumber disease and wart growth damaged crops. Washington agricultural experts warn a fungal blight makes cucumbers unsellable. Last year wartime shortages reduced shipments to under 30 percent of potential output.
Parville dispatch reports a DeKalb County resident died of apoplexy at home while staying with a son. The deceased leaves five family members including three sons and a daughter. Details are unclear due to damaged text and misspellings in the source.
The market shows firmer tones in some grains but overall weakness drives wheat futures lower. Reports highlight reduced receipts, Argentine supplies, and shifting Chicago and Liverpool quotes.
Prices at the city scales list May receipts across staples including corn, butter, lard, onions, apples, and poultry. The wholesale market names Elgin creamery, Michigan potatoes, and Purcell & Pearse as price sources with horse and cattle quotations from Purcell & Pearse.
J Mahtmore, an inspector for interurban power, narrowly escaped death near Rendallville Indiana at 2 am while inspecting a Tate car. A trolley wire contact caused a short circuit. his lantern struck the line and he suffered burns to face and forehead. He was treated. injuries not dangerous though eyesight may be affected.
In Kendallville Indiana on a March night, Tidler Mnemon reportedly dislocated his knee while tending a child. He could not recall details as a physician was summoned. the accident occurred as he rose from a bed after administering medicine to a daughter. His leg injury left him unable to stand and he contemplated the cause.
In Warsaw Indiana, Sumner Marvin of Tacoma and Anna Malchett of Hillsdale were married at the bride’s home with Rev. Guild officiating, then headed for the Pacific coast. Bartel, tied to Bernice Kilngel, wed quietly at their East Center Street home as local townsfolk staged a playful cattle wagon parade around the business district led by a hand cart.
War saw Ind March 3 Ralph The Eclipse 5 cent cigar is made in three styles, every one for them a rich and delightful ismoke, Try Journal Gazette Want Ad.
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