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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Jun 24, 1905
Page
4
The Wheat market sees early gains on rains in the West loosening supply fears. July delivery prices rise while further sessions show mixed moves as cash Wheat weakens and corn and hog markets influence overall activity. Local receipts and futures show volatility with September positions closing lower.
A city investigation debate erupts as the prosecutor signals a possible grand jury inquiry into city administration amid calls to address alleged misuses. Citizens' concerns grow about governance while the press notes ongoing hunts for new leads and hires in local politics.
Fragmentary report from New York indicates sugar prices showing a 10 cent drop and bundled market movement. Details are unclear due to damaged OCR but imply a modest price adjustment impacting buyers and traders.
Prime hogs hold at $5.42 per four hundredweight as demand rises for all swine. Reports from Wisconsin and nearby markets show increased sales, with futures and futures-like pricing spurring hog and cattle activity. Buyers eye Danish supply shifts and Canadian imports while farmers weigh futures against current cash prices. Cattle and hog receipts mix with rising hogs in bulk trades, and Western markets report steady to higher prices amid healthy demand.
Special to the Journal-Gazette from Toledo notes a generally weaker tone with some gains in later trading for wheat and corn as receipts and demand shift amid currency effects and weather. Markets show mixed futures with July and September positions active and prices fluctuating on supply concerns and shifting demand.
The market commentary notes cautious behavior amid June prospects with buyers avoiding speculative risk. It highlights demand for staples and nearby deliveries, while traders seek safer bets on steady goods. Poultry prices and demand show mixed activity with weak turkey listings and fluctuating per pound rates in Chicago.
North General Railway Company with $400,000 capital seeks incorporation. Plan includes traction line from Wanatah in Laporte County via Valparaiso and Wheeler in Porter County to Hobart, possibly extending to Whiting in Lake County. Document outlines route and official filing details with the secretary of state.
Foreign sales proved a burden in Wall Street as stocks moved cautiously amid unsettled foreign markets. Traders noted buyers shifted toward safer assets while warnings of potential dividends and corporate actions influenced sentiment. analysts expect a rebound if foreign demand stabilizes and earnings remain solid.
Readable fragments show money on call and call loan rates around two percent with variations by term. Government bonds and railway securities are noted, with miscellaneous quotes including sterling exchange and bank rates. The text references Toledo and Indiana markets, plus bids and averages for Treasury notes and certificates.
The logal markets show little change with steady offerings across butter, corn, oats, wheat, and flour. Prices quote butter at 1.48 per bushel, corn and oats near steady, wheat around 6.1, and various flours and meals listed among wholesales. readings include pumpernickel and screenings, with livestock and hides also noted in limited detail.
Local bank in Vicksburg Michigan suspended operations today amid heavy withdrawal of deposits by small savers. Officials cited illness of the bank president, FL Page, as a factor, with assets and liabilities not publicly disclosed and deposits estimated around 150 000 to 200 000 dollars.
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