21 Aug 1897
Page 1
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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Aug 21, 1897
Page
1
Philadelphia markets push wheat to $1.08 per bushel sustaining a nationwide surge. Traders note persistent demand and limited supply as buyers seek futures stability amid supply concerns and seasonal demand.
Intense trading drives sharp gains in wheat with No. red and No.2 red advancing to around 1.03 a bushel in New York and Chicago. Early reports show Pierson Milling Co paying 90 cents, while Missouri and Delaware district bids reach 95 cents, as corn and oats also rise amid strong export demand and weather-driven forecasts.
Kansas City reports soft wheat reaching 1.01 dollars, up three cents from yesterday and a sharp advance in hard wheat. London notes rising U S wheat prices fueling excitement among grain speculators.
St Louis August figures discuss a proposed grand highway 200 feet wide stretching across Missouri from St Louis to Kansas City. Lon M Lame of St Louis County promotes the plan while Col Lane supports it. Legislative interest rose when introduced in the 36th general assembly but failed due to late hour and priorities. The plan envisions three parallel drives for cattle, vehicles, and bicycles with a broad right of way.
At the United Presbyterian Church convention Rev. John A. Duff reads the annual report noting 65 presbyteries Mb winisters 0 congregations and 50000 members with 10000 juniors. Last year contributions totaled 1504208 and most congregations now have a young people’s society amid steady growth.
Beadstreet reports rising trade volume and firming prices across agriculture and manufacturing. Wheat, pork, butter, oats and cheese lead gains while bank clearings rise to 1.11 billion. Notable notes include iron and steel resumption, higher cotton goods prices, and a mixed crops outlook with regional industrial activity.
Five men arrested for contempt of court as strikers clash with deputy sheriffs near Center and Turtle Creek. Campers reestablished at Sandy Creek mines with about seventy five workers. authorities vow to proceed as talks for arbitration stall.
Alaska correspondent reports plans for a push to build a rail link from the Tuku river head to Lake Tealin with light-draft steamboats at both ends. Projections say track work could start next spring and finish by fall, with travel time about four days between Dean and Dawson.
An east bound freight train on the Lake Erie & Western struck an excursion train of the Detroit & Lima northeastern two miles northeast of Lima Ohio. Engine and freight cars wrecked, two passenger coaches damaged, about 40 passengers injured several fatally. Names of the fatally injured listed. Crews freed passengers from debris with axes.
Markets by wire show Kansas City potato prices and apples, with hogs, cattle, and lamb receipts and price movements. Chicago grain and livestock futures mirror shifts as August reports indicate higher demand, while overall cattle receipts rise and hog prices edge up in a strong market.
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