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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Jul 14, 1908
Page
4
Severe heat in the northwest boosts demand for wheat and corn deliveries. Wheat prices jump with September up, while corn and oats show gains amid strong buying by bull funds and traders. Local receipts and national reports indicate market strength, though some sectors close mixed as weather and supply factors influence futures and cash prices.
In a volatile session, wheat futures rose with gains led by strong demand signals and weather concerns. Prices moved higher across several contracts while December and March maturities showed notable gains, with clover seed also advancing and traders eyeing supply pressures.
New York reports a narrow stock market with rising demand for shares from new sources, keeping prices firm. Wheat weakness amid crop damage forecasts drew attention to rail freight rate disputes, while bond and bank note activity remained steady as dealers watched government and railroad securities.
Prices from Fort Wayne markets show wholesale and retail items across dairy, produce, livestock, and farm goods. Notable entries include fancy Elgin creamery butter, country lard, new potatoes, corn, oats, and Burley tobacco, with live poultry and various farm essentials listed by name and unit.
In New York the dry goods market opened quietly with prices held. Vendors announced shipments for Thursday and Monday. Staple wares for spring showed limited demand as lines of silk and other staples remained in light demand.
A fragmented note on July cafe activity and price trends outlines shifts in the coffee market. Mentions Cordova and Arlaise with unclear figures and locations, reflecting a market update in a historical newspaper snippet.
Fragmentary OCR shows Elgin butter market activity with unclear figures and phrasing. The readable bits indicate a market note or bid in early text, mentioning butter and pricing terms though details remain obscured. The item suggests a brief market update or listing from Elgin with uncertain numbers.
Chicago July 18 The cattle and hog market faced a surprising supply surge with about 25 000 cattle on offer and prices easing. Export Purchases fell, hogs rose to a new high of 7.10, while beef steers and heifers saw mixed demand. Lambs and sheep remained active with steady to strong bids as buyers adjusted to the larger receipts.
Box Board affairs report that Receiver Stiney Mitchell returned from New York. He declined to publicize plans for meeting obligations tied to the freene Intralisteral loan but believes a $4 check will be presented to mark payment behind collateral pledged by the Almondoun Trust and Savings. Further collateral disposition awaits explanation before Judge Grossoup who issued a restraining order last week. Mitchell thinks the company’s troubles can be resolved without antagonizing Streindasl, and tanks have remained friendly, with negotiations aimed at restoring the company on a solid basis if the unforeseen holds.
City scales registered yesterday with eighteen bushels of hay seven loads of oats and four loads of corn noted by officials.
Washington discussion centers on the Vreeland-Aldrich bill to enable banks to use commercial paper secured emergency currency. Treasury officials warn against early bylaw changes, stressing that cross-bank scrutiny and guaranteed withdrawals could be jeopardized. The Treasury deems the act a strong, credit-building measure, though critics fear its practical application amid panic scenarios.
The Journal Gazette runs want ads at six to eleven words per line. The notice lists tailed, aspe ee sues Sone and Mey Ol adh tetra with pricing per word. The brief item notes classified space availability and rates.
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