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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Dec 01, 1907
Page
10
In morning wheat and corn futures move higher while hogs provide support. Prices listed for New York Chicago St Louis and Minneapolis reflect slight gains on the session with December and May contracts showing varying bids and asks amidst overall market strength.
Officials report a summary of clearances issued over the past week with notes on totals by category and key locations. The brief includes counts for permits licenses and authorizations, plus upcoming deadlines and next steps for applicants.
Amid a mixed week for New York banks, reports show cautious tightening as markets adjust. The period hints at shifting liquidity and cautious lending, with observers noting potential impacts on New York securities and related institutions.
New York November 20. Market activity showed bold speculative leadership by professional traders aiming at a short interest after a long market decline. Observers noted plans for currency reform and potential resumption of payments as New York banks take the lead. Trading displayed a feverish, uneven tone with bonds active and gold flows abroad, while the Dow-like movement remained irregular and driven by perceived new policy signals.
Washington reports show American farmers coffers swelling due to enormous crops and elevated prices. Corn leads profits, with 1907 values surpassing five-year averages. wheat slightly lower yet still valuable. The Agriculture Secretary’s annual findings cover meat inspection expansion, foreign trade balance, forest conservation needs, and federal food law enforcement advances.
The policy directs selecting a character of construction suited to the area and warns against recommending costly or ill suited forms. Sixteen roads were completed during the year, totaling 200,711 square yards. One macadam road cost 36.3 cents per square yard, excluding Department assistance.
The dry goods market in New York was quiet with linens moving as prices permit. Demand for fine cotton goods rises for spring shipments while inquiry for drills and bleached linens remains low and silks draw limited interest.
Conrad Elx, farmer, arrested for drunkenness, fined and costs in police court. He reportedly allowed horses to stand long hours without food or water and was warned to mend conduct. Joan Niche, section hand, accused of assaulting an elderly coworker. ordered to pay damages and case linked to December 12. Walter Anderson fined and given sixty days for misappropriating forty dollars from his employer. sentence suspended for good behavior. Leach and Sugusti Uluael charged with maintaining nuisances. given time to remedy. A thief stole several jugs of milk and a quantity of cream from Mr Wie Nam Dolhaman’s storefront.
Rev E Neal, a longtime minister and community helper in Logansport and surrounding areas, suffered a stroke while delivering a sermon at a Black church on November 4. Doctors report little hope for recovery as his condition worsens, with lines of concern from supporters across Indiana.
The Elks announce a minstrel show to raise funds for a charity. Event details indicate an evening performance on Wednesday with all proceeds directed to a local welfare cause. Local Elks officials encourage attendance to support the effort.
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