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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Feb 18, 1899
Page
8
The Frederick market opens with few buyers as a severe blizzard chills activity. Town and country dealers stay home. butchers and fish vendors push sales between towering snowdrifts and biting wind. Price lists for eggs, poultry, fish, fruits, vegetables, and meats are printed, showing scarce eggs and rising winter costs across staples.
In Baxarmose, February 17, markets closed very strong amid steady demand for leading securities. United Railways stock trades actively at 20. Consolidated Railway holders see 25 percent allotment. Governments show strength with 3 and 4 percent bonds firm. Bank stocks lift with Farmers & Planters and National Mechanics. Mercantile advances. U.S. Fidelity and Guaranty climbs from 152 to 186.
Fire and gas explosion leveled the five story McClurg & Co building at Wabash and Madison, causing about 850000 in losses including 500000 in stock. The blaze wiped out rare books and manuscripts. fire fighters faced the disaster with heroic risk.
Quoted at 165 bid and 156 offered, with subscriptions invited for United Railway 4 per cent bonds at the held price 10232 with interest, dated March first and deliverable around April 1. Charleston Consolidated Railway Gas and Electric 5 per cent 1899 at 101 and interest. savings institutions in Charleston hold $170,000. Consolidated Gas stock at 674. gas stocks lucrative. leather market firm, hides and tallow prices steady, wool firm. Towssesp Scott & Son Leather, etc. February 17.
The report notes vegetation damage and a dull wheat market with exports falling due to navigation interruptions. Baltimore receipts totaled 1,191 bushels Western, 74,164 bushels shipped from elevators, 728,154 bushels remain. No. 2 red was 76 cents, with prices irregular and slightly down.
Several parcels of land adjoining the Myersville and Catoctin Railroad were sold at public sale in Middletown on the account of J Elgar Briggs executor of Ann Maria Lorentz. Lot 1 brought 503 dollars to Joshua H Main, Lot 2 sold to a syndicate at 200 dollars per acre, Lot 3 went to Cublentz & Cook at 167 per acre, and Lot 4 to Coblentz & Cook at 150 per acre. The buyers anticipate development and improvement of the parcels.
Bradstreet notes after severe cold, snow, and sleet nationwide, signs of spring trade revival emerge. Damage varies by region with peach trees hit hard, Florida vegetables killed, and orange industry losses only second to a major past freeze, especially in Maryland Virginia and North Carolina amid cautious assessment.
A British gale Saturday and Sunday caused floods and overflows across the islands. In Newport, a tidal wave flooded acres of land and killed one man. A coal lighter foundered off Cromer with five drowned. The Arno sank after gale damage. 13 crewmen missing, captain and three others survived. Lewes reports heavy ice and packing shipping. an oyster schooner was towed in with crew abandoned. In Ashland Pa, a powder house explosion fatally injures two men. A large US locomotive parts tally is noted.
Mrs Alfred Clarke of Hite Wan Co Iowa states she is about to become a mother again and explains she has endured a vomiting episode, reflecting on her conditions and seeking guidance from doctors.
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