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Newspaper
Fremont Eagle
Location
Fremont, Indiana, United States of America
Date
Aug 26, 1897
Page
3
The report details a sharp advance in wheat prices with September futures reaching around 88 cents and cash bids up to 93 cents. Traders expect continued strength amid tight U S and international supplies, with Manitoba and Dakota/Minnesota crops trimmed. Prices show a volatile day with fluctuations and widespread speculation.
Traders in Chicago and other centers faced frenzied activity as wheat prices surged on optimistic supply reports and rival bids. bulls pressed higher while bears struggled, with prices jumping to near one dollar per bushel and reports from Liverpool Paris and San Francisco confirming strong demand and rising futures.
The article recalls a Boston incident where a nineteen year old bank messenger stole over thirty thousand dollars, tempted by easy wealth yet halted by conscience. After deliberation he fled, later captured, and explains his act as a gradual drift toward wrongdoing sparked by thoughts aligning with temptation.
A garbled historical column presents disjointed quotes and mock arguments about courage discipline and rhetoric. It includes phrases like Not Cowardly and a tense exchange about lighting gas, plus quips about a Timbuctoo king and a North American refusal rule.
A Pittsburg conference between Nuatiotd President M. I Ratchford and miners leaders, along with district operators, debated a plan to set a strike. Ratchford urged arbitration with wage talks at 60 cents. operators pressed for amines first. Read and others clashed, with accusations of sensationalism and warnings of a nationwide work stoppage if demands were not met.
Analysis of appropriations across the last two sessions of Congress shows 410 new offices and employments authorized with total salaries and compensation figures. The permanent appropriations reach over 16 million dollars with a grand total of about 39 million across both sessions, highlighting increases in staff and budget requirements.
The Nebraska wheat harvest yields reach 45 million bushels with an average 20 bushels per acre and 2 250 000 acres. South Dakota expects about 20 million bushels from 6 to 15 bushels per acre, with total crop around 200 million bushels at 40 bushels per acre. Farmers report mixed acreage changes and potential higher income if prices stay strong. Oats are abundant and corn prospects depend on a later frost, with many fields maturing earlier than September.
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