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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Jun 18, 1919
Page
15
June 7 Toledo grain and live stock market report shows hog prices lower with steady to unchanged heavy and light hogs. Selected heavy, light porkers and bulk futures steady. cattle and calves steady to weak, quality wheat and market actions described as slow with principal buyers present.
Market notes show corn down a few cents per bushel while oats fall slightly. Hay prices hold near 20 to 32 dollars with several wagonloads traded. Corrections list corn at 70 cents and oats around 67 to 70 cents per bushel, reflecting modest volatility in a quiet week.
Ware and Lelands daily stock letter reports weaker market tone with end prices below yesterday. Grain and cattle prices drift lower while cash demand remains muted. expectations of further declines persist despite some on week weakness. Weather reportedly favorable with limited demand, several commodity prices quoted in New York and Chicago markets.
Market quotations from Fort Wayne list wheat at 2.38 to 2.40, rye around 2.40, and various grains, seeds, and produce priced by ton or bushel. Included are dairy, apples, wool, hides, and fats with figures for wholesale buyers and farmers, reflecting United States Food Administration notes and local dealer terms.
The column reviews speculative stocks in motor, steel, copper, and dividend plays, naming Haskell Barker and Westinghouse among favorites. It notes market pressure from international events and a bear mood, with bankers cautious on margins and short term recovery hopes tied to peace talks and government actions.
New York financial notes show a tentative rebound from broad earlier declines as loan markets loosened and large institutions offered sizable sums. Industrial metals and steel remained volatile while rails lagged, with total trading around 104.4 million shares and par value near 11.2 billion. Old U.S. bonds traded at modest changes amid cautious demand.
Market notes show corn prices eased about two cents per bushel with July at 31.75 and September near 41.39, while oats weakened and provisions fell due to demand shifts. Weather conditions favorable for farming persist, but bearish factors from crop prospects and broader market forces weighed on futures as reports from Chicago and related exchanges indicated unsettled trading and cautious activity.
Weather and crop conditions discussed with corn and hog markets showing declines and late rally attempts. July to September prices drift, with provisional gains and losses noted across oats, wheat, and various futures. Cash grain, forage, and fuel listings conclude with coal products and delivery quotes from Capital Coal Co.
Chicago and other markets report cattle and hog prices with mixed moves. Beef steers steady to 29 cents lower. hogs mostly steady to 1.95 higher in Indianapolis and Pittsburgh. lambs and sheep higher in spots. receipts and weights vary by market. calves steady to higher. cattle and hog price ranges listed across Chicago Buffalo Indianapolis and Pittsburgh.
Livestock prices show mixed demand with steers trading at around 8 to 15 per hundredweight, heifers and cows steady to firm while veal and lambs post modest gains. Feeder cattle and stocker cattle assertive, with bulls and hogs maintaining broad price ranges amid cautious trading, buyers watching futures.
Cleveland district markets feature mixed prices for grain live stock hay and produce. Quotes include fluctuating corn timothy hay poultry hogs and cattle with various grades and regional terms, noting receipts and price ranges across categories and brokers.
An ad urges readers to borrow from Industrial Loan and Investment Co to buy coal. It claims low costs of $4 or $2 a year and potential gains if coal prices rise. Charles J. Steiss, secretary manager, offers loans for coal purchases or other needs and notes five percent installment plans and sherry bonds.
Albion June 1 year two farm meetings of strong interest to Noble county farmers and their families are planned. The Noble County Horticultural Society hosts an all day session at Dr Seymour’s Waiwaka home featuring Dr WH Hickman Montpelier on the Why and How of the State Farmers Association. Dr Hickman is first vice president and head of the executive committee. Dr Baldwin of Florida will also attend. A Thursday evening Albion meeting will have Dr Wickman explain the association’s plans and policies to local farmers as part of a push to unite farm interests for the future.
County Agent B V Widney arranged a free canning demonstration from Purdue for local residents this Friday evening in Wawala. The event uses the town hall due to school grounds grading, with notes of horticultural society plans and Purdue specialists to speak. Also mentions local travels and employment ad from The Lincoln National Life Insurance Company.
A vintage health claim promotes Father John's Medicine as a wholesome spring tonic and body builder. It asserts the remedy adds flesh and strength, is free of alcohol or dangerous drugs, and has over eighty years of use with Befin today urging consumption after meals and at bedtime to gain weight and new strength.
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