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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Jun 10, 1920
Page
8
Turbulent trading in Chicago grain markets as prices surged amid strong demand. Early gains faded for some grains while others showed volatility with varied strong buyer activity and mixed prospects for the harvest outlook. Provisions moved slowly but followed overall grain strength.
A dense listing from Fort Wayne market pages detailing prices for wheat, corn, barley, oats, and various farm products. Includes per ton and per bushel figures, livestock quotes, fruit and vegetable prices, and supplier notes from firms like Treeseic & Sons and W. D. Henderson & Company. Also lists hides and fur prices from Mater Hide and Fur Co with corrected daily rates.
Market chatter shows quiet strength with mixed trading as unions and key stocks like American Woolen rise on assurances of heavy subscriptions. Despite small daily totals, evidence of accumulation in steel and rails persists, while tax payments keep money markets taut and dividends remain a focus for large operators at the Chicago convention.
Fragmented OCR notes show grain and feed prices with figures for oats, meal, flour, and mixed feeds, plus exchange terms and calendar notes. Mentions include Cleveland markets, car lots, sacks, spring and winter prices, and a Chicago lime creamery reference amid scattered figures and incomplete phrases.
New York stocks opened firm then rallied after midday when steel and textile shares attracted buyers while rail shares suffered losses amid dividend concerns. Major names like American Woolen Baldwin Locomotive Bethlehem Steel led a broad rally as investors covered shorts. rails showed limited recovery. Bond market mixed with Anglo French loan chatter. total sales about 317 million par value.
Livestock prices and receipts across Chicago Indianapolis Cleveland Columbus and Buffalo show mixed gains and declines. Cattle and calves command higher bids in some markets while hogs and sheep trade unevenly. top steers reach around 16.00 to 16.50 per hundredweight with varied loads and weights.
A historical report notes corn and hay slumping at the city scales with corn at 1.95 per bushel and hay 2.38 per ton. Twenty three loads weighed as buyers reacted to shifting prices amid a heavier trading day than recent times. The Cleveland and New York market snippets follow, showing varied dairy and poultry rates and a sugar market near unchanged with a minor refined grade uptick.
In New York on June 9 cotton goods were steady and quiet with yarns also subdued. Worsted yarns were dull as shipments were withheld. Bleak activity noted in lightweight burlans while sites and underwear showed little demand. Trade included a more active bus in lighter fabrics and a price list showing various fresh and firsts.
In Chicago on June 9, corn prices advanced to near highs with July futures up, cash corn steady to 1 cent higher, and strong buying by commission houses reducing the market surplus. Re receipts were larger due to effort by rationing and speculation. Outlook remains for higher prices with occasional recessions. cash trends show strength despite limited near term improvement. Provisions rose with grain and hogs, while spot prices in New York were dull for corn and Santos d's.
U S Department of Agriculture Weather Bureau reports Fort Wayne Indiana weather data for the 24 hours ending 7 p.m. Daily readings show temperature highs near 91 and lows around 64 with no precipitation. Barometric pressure at sea level 30.016 inches. Maumee River level at 7 m noted.
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