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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 12, 1905
Page
8
Davenport city notes list Dr. Barr and osteopath services and a 29th anniversary cigar. Local events include M. E. church excursion to Davenport on August 25 and a Rock Island Independents versus White Sox game at the fair grounds. A highway of social visits, sales at Cherry’s August clearance, and brief notices about residents and travelers fill the page alongside a detailed account of Brown’s testimony about Nagel and Collette and the cave.
A sufferer from ataxia reports ten years of pain relieved by an inexpensive treatment. The ad promises prescriptions that any druggist can fill and will mail free to any fellow sufferer who sends a self addressed stamped envelope, signed E P Burnham Delmar NY.
Millinery store Leyrsen's Millinery sells the entire stock of hats for less than 25 percent of current value. Mrs. Salisbury Erb’s establishment closes for remodeling on Tuesday August 15th. Sale runs today and Monday only.
The Halter property on Chestnut street will be sold at public auction at the court house door on Tuesday morning August 15th at 11 o'clock in the forenoon. B. Schmidt, Administrator.
The government report shows a 700 million bushel wheat crop total with a potential rally after selling abates. Conditions do not warrant a large advance, winter wheat receipts fall with price, and northwest spring wheat output is not feared. Stocks decline, cash remains premium, and buyers eye an export-linked future as foreign buyers may pick up bargains. December Kansas City wheat looks like a solid buy to hold.
The report highlights strong domestic demand balancing crops with a big surplus, predicting May corn near 45 cents as a buy. Oats show low prices with December buying suggested. cotton remains weather dependent with potential price rises if rains improve conditions. Stocks are seen as a rich man’s game, with gilt-edged shares rising first, and a belief that the western grain prospect could drive a broad bullish mood. Wheat and oats receipts at Kansas City and Omaha indicate active trading and fluctuating futures.
Market rounded reports show No 3 white and No 2 yellow oats with mixed values, sept and oct futures touching 54 to 56 cents and 27 to 28 cents for No 2 white. Lard and ribs quoted for Sept and Oct, with rye cash at 58% to 59 cents and flax at 1.06 to 1.16. Barley and Timothy with August and Sept figures, Clover at 12.75.
New York August 12 bank statement reports loans down 6.27 million, deposits down 10.47 million, and reserve down 1.93 million. Surplus rises by 683 thousand, and ex-US deposits increase by 682.5 thousand.
Today markets column lists grain futures with wheat prices for Sep Dec and May contracts. Values show various quotes and percentage changes from Chicago post. action notes from Donovan Commission Co. and Kansas City board sources.
Wheat quotations from Chicago on August 12 show No 2 red at 83 to 84 cents, No 3 red 81 to 84 cents, No 2 hard 82 to 89 cents, No 8 hard about 81 to 87 cents, September opens at 82.5 to 82.75 cents, with a low near 81.75 and close around 84. No 1 hats and white varieties listed with limited figures.
Cattle receipts 200 with steady prices. Good to prime cattle 5.35 to 6.00, poor to medium 3.80 to 5.00, stockers 2.25 to 4.25, cows 2.25 to 4.25, Texans 3.50 to 4.50. Hog receipts 17,000 up 10 cents. mixed and butchers 5.80 to 6.37 a hundred, good to choice heavy 6.10 to 6.35, rough 5.75 to 6.05, light 6.00 to 6.40, bulk 5.95 to 6.30. Sheep receipts 1,500 steady, ewes and lambs 4.00 to 5.00 and 5.25 to 7.00 respectively.
Butter prices eased with creamery selections at 17 20 cents and dairy at 16 18 cents. Eggs followed suit at 12 to 15 1/2 cents with a steady tone.
Chicago August 12 poultry market reports steady trading with turkeys at 14 to 15 cents and chickens at 13 to 49 cents per pound for various cuts and sizes.
New York Produce Market reports Wheat Sept at 8 1/2 to 9 1/2 dollars per bushel and corn at 60 cents per bushel with grain prices firm as of Aug 12. The brief market bulletin lists 614c for wheat and 60c for corn in early August trading.
New York today reports butter and eggs holding steady with no price changes noted on the market given for August 12. The brief bulletin records butter prices as unchanged and eggs also unchanged in today’s market snapshot.
New York market notes on poultry show chickens selling from 13 1 6 to 13 1 6 cents per pound, fowls at 13 1 3 to 13 1 3 1 3 cents, and turkeys at 13 1 7 to 13 1 7 1 7 cents.
St Louis August 12 Wheat Sept 79 4 cents corn 75 1 2 cents oats 25 1 2 cents Market reports list grain bids and valuations for the day with no extra commentary.
Peoria price note shows No 3 corn at 554 cents per bushel as of August 12 with market activity indicated from local traders.
A fragmented trading session shows slight gains for U S Steel and Reading among industrials while utilities and cargo lines post minor losses. Commodities like Cotton Oct trade near 10.55 to 10.59 with limited volatility across the board.
Advertisement notes Bucklen’s Arnica Salve prevents fatal results after an accident. Claims it heals cuts burns and sores. Sells for 25 cents at Havercamp’s Prescription Drug Store.
The W. W. steamer plans an excursion to Davenport leaving tomorrow at 9 30 with a fare of 50 cents. Passengers are advised to bring tickets and arrive early.
Chattanooga hosts September 17 21 1905 reunion events marking the 42nd anniversary of the Chickamauga battle. Regiments from 12 states will gather at Chickamauga National Park September 18 19 20 with train rates of one cent per mile.
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