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Newspaper
Indianapolis Sun
Location
Indianapolis, Indiana, United States of America
Date
May 21, 1909
Page
5
New York May 21 The stock market opened with strength and early trading showed brisk demand across important issues. Steel common traded around 59 1 2 to 59 3 8, higher than yesterday's close, with Union Pacific Southern Pacific Reading and St Paul posting fractional gains and most issues advancing.
The Citizens' Gas company faces scrutiny as officials and journalists question prior inspections after the College avenue tragedy. Critics urge independent checks on service pipes amid fears of electrolysis and aging mains. The Indianapolis Star supports city leaders calling for renewed safety measures and transparency to reassure residents and prevent further deaths.
Pittsburg Pa May 21 cattle receipts mixed market with higher rates for extras and prime cattle. Hogs receipts six loads with heavy and prime ranges noted. Sheep receipts light with prime wethers at 6.10 to 6.20 and veal calves 5.00 to 7.50 as market steadies across categories.
Cincinnati May 21 hogs receipts 2665 closed easy. Cattle receipts 1268 slow with 10 cent lower bulls more plentiful. calves steady from 6 to 7.25, extra 7.25. Sheep and lambs receipts 617 market steady.
East Buffalo N Y May 21 cattle receipts 25 active steady prime steers 625 to 790 butcher steers 450 to 600 veals receipts 1600 head active 80c higher common to choice 600 to 850 sheep and lambs receipts 7000 lambs 23 to 30c higher sheep active strong lambs 600 to 875 yearlings 700 to 750 sheep 300 to 750 hogs receipts 4250 head active 5 to 10c higher Yorkers 750 to 775 pigs 715 to 832 mixed 780 to 855 roughs 660 to 680 stags 550
Daily Grain Letter by Eugene Purtelle & Co from Chicago notes a strong tone in wheat with prices up and gains well supported. Shorts covered freely. local bulls were buyers as selling focused against options. Light receipts and sharp gains in continental markets drive the bullish tone. international prices firm with Liverpool up firm, Budapest higher, Paris gains. Argentine shipments and Australian exports show year over year declines. Modern Miller report seen as moderately bearish. weekly primary receipts about a million less than last year.
UNION STOCKYARDS Illinois May 21 Hogs receipts 12 000 market steady to higher mixed and butcher hogs 7 05 7 47 heavy 7 30 7 52 percent rough heavy 7 00 7 35 pigs 6 10 6 90 bulk 7 25 7 40 Cattle receipts 1 000 steady beeves 5 2 7 cows and heifers 2 50 6 50 stockers and feeders 3 75 5 60 Texans 5 25 6 50 calves 3 60 6 75 Sheep receipts 5 000 steady sheep 5 25 6 50 lambs 6 25 9 10
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