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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Jun 02, 1908
Page
6
Market notes show scarce cattle and hogs, with packers pressing for lower prices while demand for fresh pork remains cautious. Foremen report limited supply, buyers pulling back as conditions ease, and exporters noting moderate foreign interest.
Kansas weather forewarns drought across Europe as Chicago wheat futures rise amid a bullish outlook. The report notes strong cattle and hog posturing in futures, with mixed grain receipts and prices, and hints at continued pressure on farmers as supplies tighten and demand remains firm.
The Cleveland Union Stock Yards report shows a sharp drop in hog receipts from 69,750 last Monday to an estimated 26,000 today, with high prices for certain hog categories and a broader range for others. Sheep receipts around 18,000 with steady to weak demand, while horses show lower May totals. markets vary by stock type and day.
In New York on June 1 a sharp slow down in dry goods trade emerged as wholesalers report waning orders and cautious buying. Prices for fabrics, groceries, and dry goods vary, with some lines showing firmer demand while others stagnate. merchants anticipate tighter margins and fluctuating activity as retailers adjust stock levels.
A fractured obituary note reports an aged woman found dead in her residence. The fragmentary text references local locations and streets and mentions the Journal-Gazette Want Ads. The report lacks clear names, dates, or circumstances due to damaged OCR text.
The market shows quiet but bullish signals as wheat prices edge higher on up grade seed figures. Liverpool futures held steady with prices around 69 to 72 cents, while September and December options ranged and cash markets remained slow as outside demand stayed weak. The money market remained steady with prime mercantile paper at 6 percent and time loans easing slightly, keeping exchange steady.
The New York coffee market opened steady then declined eight points from the previous close as European demand remained weak. Trading was light with Manila-like volatility and sales totaling about 7.00 lots across June, September, and December contracts, while spot activity stayed quiet and prices showed a net drop.
The stock market strengthened as investors reacted to congressional adjournment and expected regulatory shifts. U.S. bonds and blue chip shares saw notable activity with heavy trading, while gains were tempered by concerns over corporate privileges and legislative action.
The Elgin butter market reported weekly sales totaling 800 200 pounds. A separate note details Holsworth forgery cases and related arrests, including $25 forgery proceeds from James Goodfellow and $25 at the Alderman saloon, with two checks deemed bad and Holsworth’s bond set at 300.
The notices report the deaths of Mrs. Matte Lambright, 19, at her parents home 322 Holman, and Milas Williams, 44, of multiple illnesses, with brief family details. Also announced are funeral times for Regat Gaereltt and Miss Henrietta Steinhauser, with locations in Indianapolis and local churches, plus survivor lists and interment plans.
Local agricultural advert lists wholesale markets and farm supplies from Stodder & Co and partners. It details hay, dairy butter, eggs, poultry, vegetables, fruits, and live stock prices, plus city sales quotations and commodity names for buyers and sellers in the region.
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