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Newspaper
Philadelphia Times
Location
Philadelphia, Pennsylvania, United States of America
Date
Jun 17, 1902
Page
11
Reports from Philadelphia and Chicago show mixed but firm tones in commodities. Wheat and corn receipts shift while animal markets move with steady to lower readings amid weather and supply changes across major exchanges.
Receipts totalled 7,387 bushels wheat and 4,217 oats with 219,858 bushels in stock. Prices held steady as demand was light and export inquiries few. Corn receipts were absent and the American visible supply rose 458,000 bushels with No 2 mixed quotes near 65 66 cents. Oats and flour markets showed modest activity with steady to firm prices. Butter cheese eggs and live poultry markets ranged with generally cautious demand and steady to firm quotes. Cotton remained light with prices down about 1/16 cent per pound for mids.
The New York cotton market opened lower amid weak Liverpool signals and drought fears in the central and western belt. Selling by bears and locals pushed prices down with lively but uneven activity. July and August futures fell before a late-day downturn, closing barely steady and 5 to 1 points lower with about 150000 bales traded.
Chicago trading hinges on corn with speculative buyers lifting grain amid bearish tone. July corn and July wheat finish higher while oats drop. futures show varied shifts and cash markets reflect unsettled prices.
Fragmentary OCR text from a New York page hints at late 19th century notices. Readable elements include a date line and scattered terms like New York and Beeves. Context remains uncertain due to garbled wording and missing details.
Special to the Philadelphia Times reports Toledo on June 16 saw cloverseed receipts and shipments none. The market closed steady and unchanged from Saturday with exceedingly dull trade. Prices at close were cash 5.02 and October 5.07?4.
Elgin shows 12,200 pounds of butter traded with all sold at 2½ cents per pound. Official price fixed at 2¼ cents, down half a cent. Week’s output totaled 825,200 pounds.
On June 16 in Minneapolis the market reported July wheat at 75 cents for No. 1 Northern and 60-65 cents for No. 2 Northern. Flour prices ranged from 3.90 to 4.00 for second patents, 3.60 to 3.75 for ret clears, and 2.20 for waste clears. Bran bulk traded around 1.30 per unit.
OL CITY reports balanced figures with 295,087 barrels averaged, 89,159 barrels runes, and 177,076 barrels average 72,349 in a June balance. The Whisky Market data from Cincinnati shows finished goods activity and similar pricing signals amid market adjustments.
Mrs Louis Westrop, a white woman living near Martin Mississippi, shot and killed five of her children in an outhouse and then burned the structure over their bodies. She escaped.
In a sermon titled Rain Storm and Fire Bishop Fallows warned Chicago authorities must tighten vigilance in hospitals apartments and hotels as thousands face deadly risk. Separately Benton Harbor Mich William Pikesall was fatally shot by his son John after a quarrel and doors were forced open.
In Watkins New York Mrs William H Kendall hacked her husband to the neck and face with a razor as he slept He fled to a neighbor in critical condition Mia Kendall then drank carbolic acid and died Police report the crime occurred late last night in a case of alleged insanity with a fatal outcome.
Harrisburg June 16 charters issued for several firms including The Bellend Coal and Mining Company Plymouth capital 2000 The Bernier Tarnieh Company Witkine etc Palo The Standard Brossé Company Pittsburg 150000 Federal Machinery Company Allegheny 15000 The H Cyphers Provision and Iccom Company Pittsburg 125000 Rural Bailey Canning and Preserving Saccosurat Valley Armstrong county capital listed.
The Austrian steamer Federica from Palermo bound for New York and Philadelphia with lemons and nuts ran ashore in dense fog on the southeast part of Block Island today. She lies in a bad position.
The United States Shipbuilding Company through New Jersey absorbs listed yards and manufacturers including Union Iron Works Bath Iron Works Harlan Hollingsworth and others with a $4,000,000 bond issue underwritten in the U S and Europe. Bonds offered in Paris New York and elsewhere. deposits apply with allotment rules and possible refunds.
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