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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Feb 05, 1908
Page
4
Chicago to Minneapolis notes show active buying and strong futures with May delivery up amid firm world demand. Corn and wheat advance on short covering and export optimism, with mixed receipts across Duluth Chicago and Minneapolis and prices near session highs.
The wheat market rose on renewed export demand and firm cash bids. Chicago futures advanced while Liverpool prices edged higher. May and July options moved with the shift, and traders remained cautious about weather and potential demand shifts.
Tuesday market reports show hogs firming on strong demand with up to $1.50 higher tops while cattle and sheep receipts mixed. Packers seek hogs at low bids yet raise prices to move stock. horses and cattle markets slide on ample supplies. wholesale pork prices dip slightly. Cattle buyers pay up to $9 for good stock, with feeders and calves and other categories showing varied demand across yards in Cleveland and Pittsburgh area listings.
Obituary notices detail the death of well known Fort Wayne resident Robert Dickey at eighty and the passing of Miss Myrtle MeVey at St Joseph's hospital. Dickey, born in Scotland in 1846, worked in weaving and foundry trades and was a former foreman. survived by wife and six children. MeVey, a beloved young woman, died after surgery for appendicitis at age 19 or 25? The text notes her church devotion and charitable work. Funeral and service details are provided for both families, with burial plans in local churches.
A garbled city market note lists prices and items for the day with unclear details. Reads like a receipt or price preview, mentioning hay and other goods, but specifics are unreadable.
New York reports a drop in railroad earnings causing stock pressure as market demand wanes. Heavy declines in Pennsylvania Railroad figures amplify concerns over rising operating costs and new security charges, with railcar losses and idle equipment adding to the downturn.
The Money Market summary shows call money easy at 2 percent, with closing bids around 1.5 to 3 percent depending on conditions. Banker’s bills trade around 48.59, with commercial bills near 48.3 and silver prices noted. exchange rates and government bonds include irregular quotes and notes on settled and demand bills.
Wholesale and retail prices for grains fruits eggs and livestock appear across county markets. Wheat corn oats butter eggs honey chickens ducks and seeds show wide spreads with bids and asks listed for various grades and weights.
A Delaware & Hudson and American Transportation company officials unveil a General Electric gas electric car designed for steam railroads. The par featured a eighty-six engine power, 320 horsepower generator, and parabolic steel ends. The test demonstrated the potential for high speed, electric traction, and reduced operating costs on short lines.
Fragmentary OCR describes stalls, items, and activity at a New York dry goods market with mentions of horses and workers. Details are unclear but convey a bustling, varied trading floor and a sense of daily commerce from a past era.
The market opened higher with prices advancing on hype of demand signals and stronger ranch prices. Trading activity remained active as buyers showed interest while sellers reported steady demand and cautious sentiment. The report notes light participation in the session and a cautious tone ahead of upcoming contracts.
Readable fragments show buyers active in a local yarn trade. Mentions rising market demand for fans and textiles, with weaving from several houses expanding though some sales remain slow. Trade notes include figures on weekly quantities and prices, hinting at broader market dynamics without firm figures.
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