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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Nov 19, 1908
Page
5
Prices for plain clover mixed and Timothy feed show declines while No. 1 stock remains light. Shippers report subdued demand and farmers holding back, with no surplus yet and concerns about oversupply if shipments proceed. Receipts are moderate and prices remain steady, with no fresh news this issue.
Chicago wheat futures saw a sharp intra day swing with December options at about $1.09 and later pressure erasing gains as bears outweighed bulls. News of Argentina drought and export prospects influenced prices, while corn, provisions and other grains showed mixed to steady movement amid varied receipts and local activity.
The coffee market in New York on November 13 closed steady with net points lower than prior. Liquidation was modest amid scattered selling. Reported daily sales included entries such as Deryntar at 206 and Tamarkay HIN Maken at Silo acid May unit July at 3 percent, with dull activity and minor price movements across several contracts.
The article reports weak winter wheat and clover seed markets with prices slipping across contracts. It notes small wheat acreage and yields expected to be among the lowest in years, with financial losses in futures and cash markets, including Liverpool and Toledo price movements and ongoing weather concerns impacting supply and trading sentiment.
New Fork, Nov 18. There was no new incident today affecting stock movement. Markets showed waning influence of old factors since the election and a growing distrust, with a late-day decline. St. Paul rose on denial of bond-issue reports. copper and Northern Pacific sparked discussion amid a rough post-election reaction. Bonds were irregular. trial sales, par 4,179,000. United States bonds unchanged on call.
Market notes show winter wheat prices around 3.19 to 3.20 per bushel and spring wheat patents near 4.80. Entries list prices for oats, rye, corn meal, and bran, plus liquidation of hay and feed commodities. Livestock quotations describe steers, cows, bulls, and hogs with price ranges, while green hides and miscellaneous farm goods appear with scattered figures from the commission firms.
A garbled OCR fragment lists home grown produce and farm goods including lard, honey, potatoes, a bushel measure, and unknown items with scattered names and quantities. The text lacks coherent structure but indicates a rural market or farm product catalog format.
The dry goods market stayed active with steady orders for silk goods and very few spot items. Cotton goods were firm with a higher tendency in some areas, cotton yarns benefited from order books in Then Tildy, and knit wear hosiery showed improvement.
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