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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Jun 12, 1911
Page
4
Market notes show fat steers higher across major categories with gains up to 8 dollars, while sheep and lambs slump sharply. Receipts around 7,000 cattle and a sizable hog run pressured prices. Texas cattle competition kept common grades weak though top steers and fancy lots advanced.
Corrected from Fort Wayne daily market list listing prices for wheat corn oats rye and barley, with bulk values per bushel and per cwt. Also includes hay grain and feed items, livestock hides, and wholesale street market quotations with mixed commodity prices and brief notes on suppliers. Public notices show corrected by Charle Bash and references to local merchants like Tresgett & Bone.
The market shows mixed demand with shorn sheep and prime lambs varying in price. Horses see lower receipts and broader price ranges, while hogs and cattle display steady to strong figures in several regions, with standout sales reaching above 6.20 per unit and calves and yearlings fluctuating near mid fifties to six dollars. Buffalo area reports confirm steady market with good to choice lambs bringing around 6.90 to 7.00.
Pittsburg June 11 receipts of hay remain moderate with ample weight demand, but prices have softened. Low grade Timothy, clover and mixed hay are dull to place. Quotations include No 1 timothy $28 to $32. No 2 timothy $22 to $26. No 3 timothy $18 to $19.50. clover and prairie hays quoted across regions with varied levels.
The item notes limited quotations for deliveries via Pennsylvania Lines with some price concessions to spur sales. It lists North Lima at 82 cents, South Lima and Indians at 77 cents, with Toledo and Toledo area details. June figures show 150 barrels, 170.70 dollars, and monthly totals of 249,604 barrels in storage ranges from 200 to 750 barrels.
Saturday's grain market activity shows Wheat at 85 cents per bushel higher and Corn at 50 plus cents, with outside buying quiet and receipts and demand steady. Crop conditions in the territory are reported as excellent, with Miller and farmers predicting a larger wheat harvest and earlier cutting than last year, around two weeks ahead.
Towaled AMN Stochysps, June 10. Hog receipts were talr and re-mar ket ruled do higher. West calves were little aigter. Hogs selected heavies 8.20 to 8.30, good mediums 6.30 to 6.40, heavy workers 4.35, bulk of pigs 5.20 to 6.35, stockers and feeders 4.25 to 5.25. Cattle prices show prime steers around 5.76 to 5.20. cows 3.50 to 4.50. stockers 4.00 to 4.50. veal choice to extra 8.00 to 8.50. calf market mixed with routines.
New York market notes show quiet trading in flour with spring patents priced at 4.19 to 4.60 and winter patents at 4.60. Wheat receipts 26007 with shipments. oats and molasses steadiness noted. Coffee and sugar futures listed with various grades and prices. overall market appears calm with nominal futures.
Market from Toledo reports wheat prices opening easy and lower amid cooler demand and rain, with gains limited by heavy reserves and cash demand. Prices hovered around midweek lows before closing firmer, futures rising into midday then steadying as weather and crop news influenced sentiment. Prominent figures include Pimoths and Prine as buyers show varied bids in August and April contracts.
The local horse market opened with light turnout and few buyers as prices fell. Stocks weighing 1400 pounds sold between 185 and 245 dollars, drivers bringing 50 to 200 dollars, while plagues fetched 60 to 75 dollars. Wool news reports irregular medium lots and washed fibers in Montana markets.
Market notes show poultry and meat prices steady with bundled figures for turkeys broilers and fowls. Exports and receipts list box measurements and farm product quotes while butter and dairy prices hold firm alongside mixed grain and potato entries.
Miss L Of Ohm, a nurse at Lutheran Hospital, traveled to Indianapolis to attend her brother's wedding. The event drew notice in local city society for its family significance and community ties.
Chicago June 11 massive July wheat selling by bulls closed lower as forecasts of cooler weather and early movement of the new crop influenced trade. Corn held firm with futures near unchanged patterns while pork and lard moved higher. bulls on both sides of July wheat supported some stabilizing bids before final closes.
New York reports a mixed dry goods week with many manufacturers and wholesalers maintaining stock-taking levels while trying to reduce inventories. Demand rises in some lines as retailers push summer items, aided by manufacturer job offers to clear spring stock. Labor shortages in garment centers abroad threaten production, with no near price changes expected before after Fourth of July.
Brown 2nd dreached-enttona hold steanth and quiet. Yurna are quiet. Linens and buriars remain steady and in moderate demand.
Banker Henry Clews notes a broadening market with steady demand as grain reports foretell a strong harvest. Wheat, corn, and cotton prospects improve, supporting stock values while investors prepare for July disbursements and dividend reinvestment. Money remains easy, aiding merchants and producers amid ongoing steel inquiries.
The Nation’s coal trade reports a dull market with slight improvement and modest gains in buying activity. Dealers say price levels below cost of auction entice purchases for average use, while producers expect better business by September as demand steadies in the coal market.
Notices advertise court approval of a land sale in Liberty Township Wayne County and the sale of bonds for road improvements. The estate sale lists 359.20 acres in sections including the Liberty Dues gravel area and the Mills road area with cash or mortgage terms and 6 percent interest. The bond sale invites bids for twenty road bonds of 295 each dated May 18 1911 with semiannual interest and quarterly payments, with specifications available on request. A school board notice calls for bids to furnish coal and related materials for Fort Wayne public schools.
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