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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Jun 23, 1910
Page
6
Weather across spring crop regions weakens wheat and supports liquidation as prices fall while corn and oat values decline modestly. Reports show large western receipts, stronger selling pressure in wheat futures, and mixed shifts in cash grain markets with prices uneven across cities and commodities.
Correction by Herre EB Read and Fred 4 % Trenvell Whort 71.00 Wu lists stock prices for rye, corn, oats, hay, feeds, and hogs with numerous grain grades and ton prices. Prices for butter, cheese, honey, potatoes, apples, poultry, and fruits follow, reflecting retail and street bids and country market notes from Mayfair era.
The market faced a widespread slowdown due to high supply and dry conditions. Hog prices slipped 20 to 30 cents, packers moved slowly, and overall hog demand weakened. Cattle totals rose above demand with prices down about 25 cents, while buyers held the advantage and ranges shifted lower across major western markets.
A garbled OCR fragment mentions Cleveland and June with scattered numbers and place names. The readable parts show no clear event or person but hint at a damaged notice or colloquial ledger entry from a historical paper segment. The text lacks coherent facts.
Market reports show downward moves in grain prices with corn and wheat leading declines. Toledo and Toledo area notes report lower cash prices and futures easing amid weather concerns and trading delays, while New York and other centers reflect firm to mixed activity in grains and livestock prices with modest declines overall.
Buffalo livestock market report from June 22 notes cattle receipts of 160 head and lambs at 8,009.75. Hog prices listed with terms garbled, but hogs around 4,400 head. The entry includes several unreadable brand-like tokens and quantities.
Markets are slated to close on July 2 and July 4 in New York with the bond and equity floors affected by the holiday. Authorities indicate the exchange will observe shortened hours starting July 1 and return to normal the following business day.
Speculative sentiment in New York stocks rose on July crop reports and meat packers backing higher railroad freight rates. Weather in the Northwest showed varied rain effects, while a sharp wheat price drop spurred shorts to buy. Traders weighed Chicago Packers assent to freight increases, shippers’ influence, and broad business interest. Bond and stock figures appeared, with a toll estimated at 206,257,000 and bonds at 1,993,000 in coupon value.
The report covers New York money market rates with bids and offers near 2 percent for short terms and varied 24 to 30 day tenors. Boston notes sparse activity in the grain and foreign product markets and outlines domestic quotations across multiple commodities and regional price ranges reflecting subdued demand and shifting territory sales.
Columbia City reports lack of attendance by city officials at statewide Indiana Municipal League session in Richmond. City Attorney Hogar cited difficulties meeting obligations as Fort Wayne officials also failed to attend, leaving key civic topics unaddressed.
Market reports show steady receipts with light demand for butter eggs and tea, hogs steady near nine dollars. Prices generally hold with little change expected, weather pressures affecting grain and livestock futures, and Fort Wayne and Kalma markets noting light activity and unchanged prices.
Toledo market notes report prices for various grains and produce. Hay sold at 1114 dollars per ton, oats and corn listed with bushel prices, including soy and other staples. North region Lima area notes and Indian trade movements are mentioned.
Patronman Gaores Phipis, appointed by the board of public safety, passed a medical exam and was assigned to duty. He met Postmaster J. N. Compton and others at Hamlet, Indiana, and traveled through Port Wayne en route to Huntington. Prof. Z. N. Study returns home from Huntington after attending a National Union assembly.
In St Joseph County Indiana, near New Carlisle, drilling south of Terra Coups has yielded oil at one half mile depth with gas in large quantities. Operations were halted as the well was being drilled under the Stanford Oil company direction. Landowners including RH Russell of LaPorte hold thousands of acres. Anacil Savera, directing frilling, has extensive holdings in Tipton and other counties.
Columbia City Indiana June 22 city churches arrange a union service at Brethren church next Sunday to honor Rev A B Sutherland delivering his farewell sermon. Ministerial Union will lead with Rev Snater of United Brethren Church praising the pastor before he leaves for Saratoga Springs Illinois for a month training, then to Washington DC to head the Young Men’s Christian Association.
The German American National Bank of Fort Wayne sues the Manum Manufactur ing Company of Churubusco and receivership figure G W Kilcher over a 1950 note for 9500 due November 18 1968 with interest and penalties. Attorneys Gundy King and John H Grimmer of Gator & White Leather represent the bank.
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