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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Jun 03, 1910
Page
6
Wheat futures slid amid heavy selling and uncertain demand, with June delivery price pressure and a broad decline across grain markets. Corn rose modestly early but finished mixed as European strength and Canadian weather influence supported prices, while reports noted high premia and weak demand tempering the hard winter wheat outlook.
Market prices listed for cereals, hay, feed, and grains in the Twelfth District. Included are prices for red and white wheats, corn varieties, oats, mixed feeds, rye, barley, hay baled, clover hay, and prime timothy. Also shows hides, wool, leather, butter, cheese, chickens, ducks, turkeys, and wholesale street market rates. Shipping, storage, and commodity quotes accompany the price sheet.
Chicago reports a volatile hog market with mixed prices and cautious packers. Demand saw uneven strength and buyers showed hesitancy, while cattle trading improved with firmer quotes for cows and heifers and slow to moderate activity for bulls. Export and country demand appeared variable, while supplies remained ample and price levels shifted throughout the day.
Pittsburgh live stock prices list various cattle hogs and sheep with values for different grades and weights. Figures include Jersey and various calf prices with per hundredweight and total quotes.
Arrival of hogs was weak and the market opened lower by about 10 cents, with most quotes unchanged. Livestock prices included prime steers around 1.25 and up, cattle and cows down to 6.00 to 7.50, hogs at 6.00 to 9.75, and calves and lambs with mixed prices across various classes.
Real estate transfers compiled by J Heller detail several parcels sold in City and Township areas. Transactions show buyers such as Hale Loan and Trust Co, Kibbey Demnrst, Lakeside Park, and Hoffmans. prices range from 70 to 6800 dollars, with several parcels in Hanna's and Lillie Place additions and Woodland Park addition.
In a brief market dispatch, Kansas reports a strong opening with wheat futures higher after Armour price estimates. The scene shows mixed action across grains with July and September contracts down modestly and December futures firmer at times. Cash grain activity and some hedging by shorts push early prices, while lingering demand supports pockets of strength.
Market notes from New York on June 2 show alive firm western broilers at 0c to 1c. fowls around 9 to 14c. turkey prices listed 15 to 18c. Live stock includes cattle and sheep with mixed demand. hogs quoted at around 9 to 10c per pound, and general prices for various poultry and livestock noted with fluctuating activity.
The money market in New York shows steady call rates at 2 1/2 to 2 3/4 percent with little change. Loans on call, 2 percent. 60 day, 2 1/2 percent. 90 day and 6 month notes quoted with modest variations. mercantile paper near 4 1/2 percent. sterling steady. government bonds unchanged.
Reports from Pittsburg and Toledo describe hay and straw markets with mixed quality and subdued demand. Separate Garrett Indiana notes detail a finishing school year, teacher resignations, and summer plans for staff, including reassigned and retained personnel.
New York June 2 The securities market showed a pause as investors weighed the injunction against rail freight rate increases. Analysts noted potential consequences for equipment orders and labor cuts, while traders tracked Western Trunk Line and Central lines for signals. Bond trading was irregular with some U.S. issues steady.
Allen County Medical society will not hold regular session next Tuesday evening due to many members traveling to St Louis for the American Medical society meeting. Fort Wayne doctors attending include J. W. McCausland E M VanBuren Farle Porter J M Dinnen W McConkey Oscar M J Ronenthal H A Duemling W Schneider A Te Kane John H Gitnin C I Barnett and R B McKenron.
In Bluffton Indiana June 1 9 0 -, estate men Tribsich and Brinneman filed in circuit court against Aylvestar Myers alleging they secured a sale of the Ono ranch farm for 6900 and 37 000 claim but Myers refused payment. Myers says he made the deal himself without their aid.
Market notes report poorer butter grades declining nationwide with No 1 country butter holding at 21 cents a pound amid heavy demand. Egg prices fell sharply, with stock still trading around ten dozen at best while overall produce weakened. Wheat futures in Fort Wayne closed mixed. oats and corn steadier as crop reports stay quiet. Livestock receipts remained light and market action subdued across the region.
Readable fractions of a historic market list show receipts at city scales for hay oats corn and hogs with inconsistent spellings. Value lines indicate hay priced around 1.40 per ton and corn per bushel figures around 0.5 to 0.6.
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