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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Jun 11, 1920
Page
24
Fort Wayne reports mixed commodity quotes with wheat rye and corn showing varied bids while traders watch futures. Sluggish activity noted in cotton goods sugar and coffee markets as prices for raw sugar hold near level and refined cubes trade narrowly.
Neighborhood notices from Convoy highlight visits and relatives traveling between towns. Many names, including residents from Racine, Fort Wayne, Deshler, and Van Wert, are listed as they visited family, hosted guests, or returned home after trips, with multiple trips to Columbus and nearby communities.
Financial notes from New York on June 1 describe a tentative rise in call loans and a slight uptick in daily trading, while overall market action remains cautious. Chicago and other markets display modest rallies, with earnings and bonds showing limited gains. trading closes amid pressure from speculative trades and monetary factors.
Chicago grain trades show extreme weakness turning after prices peak with oats and corn futures volatility. July delivery collapses while September contracts hold firmer but overall margins widen as holders realize gains and spreads widen between corn and oats. market seems unsettled as buyers and sellers reassess value amid volatility.
The piece surveys financial nerves and labor questions amid a campaign season, noting expected large capital needs for equipment and construction in New York and across the United States. It highlights stock-market strength in rail, steel, and petroleum, growing transportation strains, and the interplay of election uncertainty with scheduling and policy ahead of key conventions.
Wholesale prices steady despite new shipments arriving in very poor condition due to extremely bad weather. Farm reports indicate berries on market yesterday morning near the lake market with forty crates unquarted and prices higher than private sellers. The poor weather impacted supply and quality.
Market notes show oats rising by three cents while hay and corn hold steady despite light demand. City scales report quiet activity with limited loads on hand and scarce bidding, as buyers await prices and futures guidance. Sherman White and Co seeks workers for egg handling amid market lull.
Fort Wayne Commandery No 4 will meet at the Asylum at 3 PM Friday June 11 to conduct funeral services for Sir Knight S P Sturgis of Paducah Kentucky.
Hogs lifted 25 to 40 cents with steady cattle and calves as buyers bid on a mixed sale. Prices ranged from 11 to 18 dollars for hogs, with heavy Yorkers and sows selling at mixed, and cattle showing firmness for steers and fat cows. Calves and sheep followed the general market trend amid active demand and varying quality offerings.
Cattle and hog receipts vary across markets from Chicago to Pittsburgh with prices uneven. Bulls, steers, and heifers show strength in some zones while others slip, lambs and sheep posting mixed gains, demand sustained by buyers in several large centers.
In Columbia City Irish Commissioners demand $25 from County Auditor Walter Burwell for destroying five gill nets from fishermen on Whib Lake. Burwell refuses without a proper county appropriation. Meanwhile county officials note bills passed through county board, council, and auditor. Separately, county swine interests hear Purdue University expert predict swine production will drop to about 63 percent due to feed costs.
Warsaw officials tour county bridges report repairs and a June 28 tent fair under Jabn Peterson. Old Fellows initiate thirteen candidates. Marriages include 0 W Weiser in Indiana Harbor, Thomas Patterson, Carl Hubbell and Recher Stroud. various visitors travel to and from Warsaw for family and civic events.
Liberty fonds Commercial Investment Company at 722 Clinton St reports building permits. Vared Greek for potel at Fatt Browiway cost 6731 dollars. Charles Conrad fr bien at Wild Sin clair bireet cost 100 dollars. Bred Grek to remoter residence at 444 Bolts atree cost 4250 dollars.
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