Wheat Market Soars as July Wheat Breaks Records
July wheat prices surged in a frantic jump, eclipsing previous records. Traders reported a dramatic rally with strong buying from export markets and concerns over supply impacting the session.
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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
May 17, 1907
Page
1
July wheat prices surged in a frantic jump, eclipsing previous records. Traders reported a dramatic rally with strong buying from export markets and concerns over supply impacting the session.
The governor faces heavy censure from Hay Wood Defense after allowing Orchard to be interviewed. The event sparks debate on media access and political pressure within Dako.
Cossacks open fire at a mill, killing several workers in an indiscriminate attack. Authorities say the shootings avenge a comrade killed by terrorists.
Chicago May 17 Wheat futures opened with jitters but quickly recovered from early losses. July wheat climbed to 102 and rose 3.5 points above yesterday's close as markets widened gains across corn and oats, breaking volume records and the Leiter era benchmarks.
Mystery grips Des Moines as John Tighe, last seen with his two young sons, vanished from 895 Woodland avenue seven weeks ago. Authorities have no clue if he killed the boys, met foul play, or simply left town after saying goodbye to his wife.
Mayor Dempsey urged Mayor Tom Johnson of Cleveland to influence the national committee to choose Cincinnati as the site for the next Democratic national convention.
President Roosevelt Mrs Roosevelt and son Archie left Washington at 11 this morning for a short vacation at Pine Knot Virginia.
One man was shot and killed and another wounded during a confrontation tied to a Longshoremen's strike in Hoboken New Jersey today. Police reported the incident occurred in Hoboken during the strike action.
In Cleveland on May 17 Erie railroad bonds worth 116 740 dollars and 575 in blackened gold coins were found yesterday in a rusted tin box unearthed from the Century Inn ruins. The owner, George C Moran, vanished in 1874. A pile of charred bones was found days earlier, supporting the murder theory.
In Boise on May 17 Judge Wood weighed a journalist interview with Harry Orchard amid jury selection in Haywood trial. Darrow urged contempt against the governor for press interviews. Borah defended officials as Maw, Jackson, Cole, and others were excused for prejudices against unions.
Gov Harris of Ohio welcomed churchmen in the opening of the Presbyterians Assembly as Mayor Badger addressed the gathering in the city.
When the Presbyterian General Assembly opened in Columbus Ohio on May 17 Governor Harris gave the welcome address as did Mayor Badger. A key report on church union and cooperation urged postponing further union negotiations and recommended transferring property and accounts to the appropriate board.
Dublin citizens at a special Dublin corporation meeting condemned Birrells Irish bill in a resolution passed unanimously. The session occurred on May 17 with officials vowing to oppose the measure.
Washington May 17 Governor Charles E Hughes of New York was elected president of the New Northern Partist convention organized in Washington today.
The Rev. John Lewis Clark, pastor of Bushwick Avenue Congregational church, confessed to trustees and deacons that he erred in marrying William Ellis Corey and Mabelle Gilman. He returned Corey's $1,000 fee as atonement, and the church leaders voted to forgive him and share in his humiliation.
Orrin W Potter a veteran steel magnate and pioneer died today in Chicago at age noted as a multi millionaire. His death marks the loss of a leading industry figure long active in steel and business circles.
Madison Wis May 17 Uncle Isaac Stephenson of Marinette was nominated by the Republican caucus to succeed John C Spooner. He defeated Hatten on the first ballot after supper ending a six week deadlock. Stephenson allied with La Follette and was seen as a radical reformer despite wealth. Nomination ratified in joint assembly with unanimous GOP support.
Fifty prisoners were moved today from Anamosa to Ft. Madison in a special car. The group included Frank Novak and Louis Busse. A strong guard accompanied the transfer, which began at 10 am and ended about 7:30 pm as the prisoners were to be placed on the Ft. Madison grounds. Attorneys sought writs of habeas corpus to block the removal of Novak and Busse.
In Philadelphia on May 17 Vice President Fairbanks addressed the American Cotton Manufacturers association banquet. He praised the cotton industry's growth and national prosperity, urged against radical disruption of vested interests, and said preferences, secret or open, have been checked.
Norfolk Conn May 17 Prof Gustav J Stoeckel the first head of Yale Universitys music department and second oldest emeritus at Yale died today at age 88 Officials note his long career shaping the Yale music program and his role as a leading professor emeritus
In Kenosha Wisconsin on May 17 the twelve hundred workers at N R Alin Sons tannery quit three days ago and returned to work today after reaching an agreement with employers. They will receive the same wage scale as Milwaukee tanneries.
In New York on May 17 Joseph Caruva a stevedore and contractor for the Cuneo Trinidad and Donald steamship company whose vessels dock in the Brooklyn yard granted the demands of the striking longshoremen ending a labor dispute in the East.
W. L. Bierring of Iowa City was elected president of the state medics. The association will hold its next convention in Des Moines. The announcement came from Cedar Rapids on May 17.
A relief train from Covington to Maysville is said to have been wrecked after a Chesapeake and Ohio wreck. Two men are reported killed.
Frank A. Bretherton, general manager of Agar Packing salesmen in Des Moines, shot himself in the Broad Street Station Philadelphia after sending a penitential letter to his wife. He died instantly as crowds watched.
The Call reports mayor Eugene Schmitz cedes direct control, appointing a seven member nonprofit commercial group to run city affairs. Named trustees include F. B. Anderson, F. W. Debermann, Percy T. Morgan, F. W. Vansicklen, Louis Rosenfield, C. H. Bentley and Caries W. Slack.
In Cedar Rapids and Carbondale reports swirl around Nat Hubbard and Miss Alice Cooper. The tale centers on marriage entanglements involving two sisters and Hubbard, with claims of bigamy and running to a ranch to avoid public scrutiny.
In Lodz a gang of terrorists attacked a mail wagon, killing a Cossack guard and wounding another and two post office officials. Cossacks then attacked the nearby Kurtner factory, firing and killing fifteen while injuring over thirty. In Warsaw a separate raid on the Visitula railroad office yielded five thousand dollars after a fierce fight leaving four dead and nine wounded.
A large early morning blaze in Pittsburg Pa injured two firefighters and destroyed Brusad and Stevens company pattern and model plant plus five manufacturing facilities. Property losses were estimated at about one hundred thousand dollars with several small homes damaged.
Albert Clement son of a noted automobile builder was killed instantly in Dieppe during a practice run for the automobile club grand prize. Clement was well known among automobile builders in the United States.
Raph Beard, about 21, shot himself in the right temple at Bonaparte Iowa. He had warned friends he would commit suicide, but they believed it was a joke. The act occurred May 17. police confirmed the death by self-inflicted firearm discharge using a .38 caliber revolver.
Detroit on May 17 reports ten thousand gallons of mash from a distillery incident where William Kenney drowned Tuesday night. The mash will be distilled into whisky and served in about 560,000 drinks to bar patrons.
Simla May 17 The governmental returns published today show deaths from the plague throughout India for the six weeks ending May 11 to have reached the appalling total of 451,892.
Special Iowa forecast notes probable showers and cooler tonight. Saturday will be cooler east and south portions with a fall in temperatures. Sun rises at 4 50 AM and sets at 7 94 PM. moon sets at 11 42 PM.
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