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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Jun 02, 1920
Page
18
Market note from Toledo reports scarce offerings lifting grain prices while corn and oats move unevenly. Early activity shows higher staples with other grains steady to unchanged. seed traders and general business appear thin as markets open. Sugar in New York quiet with limited trading, prices for Cuban sugar quoted around 186 to 2640 for fine granulated.
Public bond offering details describe the Republic of Poland issuing a $56 060 000 loan to fund industrial and economic development. The issue specifies semiannual interest, a 4 percent coupon, and sale in New York, with proceeds supporting postwar reconstruction and taxation resources.
Market price list from Fort Wayne showing numerous commodities and items including grains, produce, livestock, and furs with quoted prices. Names of firms such as Orion & Company and Melllen Company appear alongside varied unit prices, dates, and product types across agricultural and commercial goods.
Financial page reports sharp market declines with narrow fluctuations as investors await federal action on civil appropriations and loan maturities. Reorganized railroads like MoPac and RI show strength but overall prices drift, with notes on shoes sale ads as economic tidbits amid cautious trading.
Financial markets in New York opened June with a lethargic session as rates rose and credit conditions remained unsatisfactory. The money market contracted, call money touched high levels, and equities declined while Liberty bonds traded weakly amid broad selling across sectors.
Fort Wayne weather for the 24 hours ending 9 p m on June 1 shows wet bulb temperatures and highs near last year’s figures with precipitation totals of 0.6 inches since the first of the month. The St. Marys River stage at 7 a m registered 22 feet. Across Chicago, grain and provisions markets edged higher on demand signals, with corn, oats, and wheat reacting to rural supply news and a court prohibition decision. near-term futures showed gains and selling by some traders.
Chicago and Indianapolis livestock receipts report mixed gains and price shifts across cattle hogs and sheep. Cattle top yearlings reach about 14.50 with heavy cows around 14.00, hogs steady to higher with strong weights near 14.00 to 14.50, and sheep and lambs showing gains with yearlings around 20.00 and lambs up to 18.00. Local markets at Pittsburgh and Buffalo mirror regional firming with steers near 18.35 and hogs around 14.70 to 14.38, while buyers remain active and inventories mixed.
The Toledo stockyards show hogs advancing a quarter and cattle prices steady to higher. Typical bids listed include prime steers around 12.00 to 12.50, cows 9.00 to 10.40, and calves near 19.00 to 16.00 with beef, dairy, and stocker categories noted. Also reported are hogs mid range with heavies around 15.36 and mixeds near 14.75 to 15.00, reflecting a robust but varied market across hogs, cattle, and sheep sectors.
Mrs E A Roebnelt of Latty Ohio reports relief after using Glands Tonic for liver and kidney failure caused by self poisoning. She describes swelling pain under ribs, constipation, and heart palpitations then notes improved health and plans to continue treatment. Glands Tonic claims to restore liver and kidney function and nervous system strength. Sold by druggists or Gland Aid Co Wayne Ind price one dollar.
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