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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Dec 03, 1898
Page
8
The December 38 1808 issue notes few shoppers and scarce supplies as market activity shifts with a morning fire alert. Turkeys rise to twelve to fifteen cents a pound with dressed birds at fifteen. eggs, butter, and poultry prices listed alongside celery, apples, oranges, beets, and meats. The piece highlights winter shortages, delayed spring supply, and traders pausing for the season while forecasting a tighter market until spring.
The afternoon notes survey bond and street railway prices with gains in several issues including South erp Railway and Norfolk & Western while traders eye a pending combine. Bradstreet’s reports strong business activity in November with bank clearings and railroad earnings rising, though staple prices lagged earlier peaks.
The weekly market report notes strong demand for high quality bonds and scarce supply of first class issues. New government issues like the 3 percents rise in price, municipal bonds sell at a premium, and city and railroad bonds show varied activity with several listed prices and notable banker stock interest.
In Baltimone December 2, business for coal is brisk with high demand while car supply is poor delaying shipments. Gondola equipment is scarce and line orders face serious delays as vessel tonnage remains tight. Storm losses along the New England coast worsen coastwise shipping. The wheat market opens weaker with December deliveries uncertain and stocks limited as No 2 red and No 1 hard are scarce. cables are quiet and largely steady.
Receipts in the northwest are heavy while the Duluth move is seen as including wheat reshipped from Minneapolis. A mention of a large 1500 portrait exhibition at Knock & Sons, and a Philomathean Tutelary Society election with officers Urner, Dennis, Houff, Rohrback, and Ausherman for the coming year.
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