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Newspaper
Logansport Daily Tribune
Location
Logansport, Indiana, United States of America
Date
Jun 26, 1908
Page
6
Estimated receipts at principal markets show cattle figures around 6,000 with multiple smaller values and total around 400 to 50. sheep estimates list 6,000 and 4,000 amounts in several entries. The data suggests reading inconsistencies but indicates large cattle and sheep totals in the tens of thousands.
Receipts show 8500 hogs 850 cattle and 250 sheep with earlier weeks and year ago figures. Grades above 160 pounds sold strong while lighter hogs moved weak to lower. Prices ranged 5.50 to 6.35 with most around 6.00 to 6.25. Cattle supplies were light with steers around 1200 pounds selling steady to strong. Sheep demand was better with spring lambs to 6.25, yearlings 5.00, sheep 4.50.
The column lists prices for steers heifers cows and bulls by weight class and quality including good to choice steer ranges from 900 to 1 300 pounds and up to 8 40 for the top tier, hogs lambs and sheep with multiple grade bands and per hundred weight quotes.
Wheat No 3 95 cents per bushel. Corn No 2 69 1/2 cents. No 2 yellow 11 1/2? cents. Oats No 2 51 1/2 cents. No 3 white 44 1/2 cents. Prices listed as market quotes for various grain and feed categories.
A compact ad lists butter prices at 19 and 22 cents, creamery and dairy offerings 17 to 21 cents, eggs at 14 to 17 and a half cents with 4 percent yield.
Chicago trade notes a continued boom for corn fed cattle and strong prime hogs, with weaker undergrades and a mixed cattle market. Hog prices held firm on top grades as buyers hesitated. mutton weakened, and wheat and corn faced overall weakness with higher led by futures and lingering crop concerns. Local receipts and forecasts pointed to modest gains or declines as markets closed mixed.
Daily market digest from Loganport and surrounding towns listing corrected prices for wheat corn oats butter eggs lard and livestock. Regional entries include Galveston Royal Centre Walton Camden and stock yard quotes for hogs steers calves cows and sheep with assorted rates and carrier names.
Chicago wires report shows clear weather over the wheat belt pushing July wheat down by 54 3 points while corn and oats fell and provisions dropped. The market remained weak through the day with only modest firmness in early trading.
Hog traders report June market activity higher than last year with packers' agents predicting lower demand. Prices have risen quickly in recent days as Chicago quotes show strong support, signaling a renewed upswing in hog markets.
The passage notes that prices at the year's peak point are likely to stay elevated for a time with strong hog demand, especially for shipping. Packers' cellars are not well supplied with hog meat, keeping pork prices relatively low and consumer demand set to grow.
The notes report wheat at 77 cents in the south with Evansville projecting 12 bushels per acre this year. Silk and underwear prices rise. corn cash market in Indianapolis climbs as farmers stay busy. Clams at 20 cents a dozen and quahogs 30. Illinois Central stock seen with 10,000 shares moved. Livestock buyers group heavy yearlings with wethers as classification blurs the market.
The Farmers and Drovers Journal calls for harvest helpers as wheat ripens rapidly in the southwest. Kansas could use several thousand workers now, with demand rising as the season moves north. Wages are good and work is hard but wholesome, offering experience and healthier summers in the open air.
Farmers in the county are busy with the hay harvest as weather holds. The harvest is progressing across the region with excellent quality feed and a strong county yield expected.
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