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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Jun 24, 1920
Page
10
City report shows ten loads of hay delivered Wednesday with market ready at 2. market price for hay remains 1.35 to 2.80 per ton while corn oats and other grains show slight fluctuations. Dry goods trade in New York remains quiet with general stability and modest reductions noted in some lines.
A dense listing of commodity prices and paying prices for grain, flour, and groceries. Includes wheat, rye, corn, oats, timothy seed, clover, hay, poultry, and fruits with figures from The Fort Wayne Market Quotations and The Mellen Company. Mentions license numbers and merchant conditions with corrected rates by Maler Mills and Fur Company.
A fragmented wire service style note reports stock market activity with mixed sentiment. It notes absorption of new offerings and widespread buying in UB Industrial Alcohol and Corn Products while rail dividends draw attention and calls for cautious purchase in steel equipment oil and copper stocks.
Market drifted after a dull, irregular day on the New York stock exchange with few standout moves. Prominent issues like American Car Baldwin Mexican Petroleum and sugar stocks posted gains while others faded. bonds and money market showed inertia with rates near recent lows and minimal time funds demand. Total sales about 2.4 million par value, with foreign exchange activity modest.
Chicago June 23 grain note shows corn prices closing higher with July and September futures up. Oats mostly steady, provisions mixed as packers cut prices. Market reaction cites new difficulties with a switchman west of Chicago and strong trading from some houses despite large offerings.
Markets show continued weakness with declines in refined sugar and various commodities. References to Culias and Trelehe prices, Vienna and German industrials, and banks like Norddeutsche and Grand-Credit reflect a volatile, asset‑heavy trading day across multiple European and US markets.
Large cantaloupe and watermelon shipments flood wholesale houses while Michigan strawberries, home grown, compete on local markets. Prices are low enough to challenge native berries with sizable fruit shipments moving through Cathornis and other distributors.
Markets opened with a downward trend and occasional upticks as bears renewed confidence amid falling cotton and cut prices in other commodities. Weather, receipts, and rumors of a large cash grain carry influenced oats and corn as traders expected a prolonged grain decline and mixed daily changes.
Local packers report offerings from Jo any, with Ross At the focal stockyeedy and strong market close. Cattle and calf prices vary by grade, with steers to cows steady to higher, sheep and lambs mixed, and hogs showing gains. notable figures include prime steers around 15.50 to 15.00, and hogs near 15.00 to 16.00 per hundredweight.
Market notes from Chicago Indianapolis St Louis Buffalo Cleveland and Pittsburgh show mixed cattle and hog receipts and steady to higher bids. Cattle steady to lower on common grades. hogs mostly higher with top quotes near 16.20 to 16.50 for butcher hogs. sheep and lambs firm to higher with top lambs around 35.78.
Weather data covers 34 hours ending at 7 p.m. with highs of 75 and lows of 17 as the period ends. Precipitation trace and month totals noted. river stage at 7 a.m. measured in feet. Cleveland Produce and New York market listings report prices for dairy and poultry items, with various grades and weights listed for creamery butter, eggs, and poultry products.
The stock market shows no appreciable change with dullness in prices as the week ends. Analysts note low buying interest despite funds being offered, and the market remains sensitive to potential rail strike threats. The outlook appears cautiously hopeful among traders, with minor shifts in week-to-week sentiment.
Rome City News from Rome Cley Indiana on June 23 notes Mrs Whitem Sewell and son Dick and daughter Fifth returned from Norfolk Nebraska after visiting her parents. Miss Lolg Hosler returns to Toledo after two weeks visiting relatives. Mrs Frank Dennis of Toledo visits Edwnea rock. Mr and Mrs ET Routsong and Jon Moore take a motor trip to Morrone Toledo and Detroit. George Warner and children from Durand Michigan visit George Fleck family. Zelma Bloom returns home for summer after business school in Fort Wayne. Mildred Jones of Columbus Ohio visits relatives Stephen Brown. H OG Dobbs recovers from illness. Miss Gertrude Moore returns home after school in Ohio. Class No 2 of Methodist church to be entertained Wednesday. Lisle dancing patrons open Thursday night and remain through the season.
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