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Newspaper
Scranton Tribune
Location
Scranton, Pennsylvania, United States of America
Date
Jun 20, 1902
Page
2
A July Tribune digest compiled by Walter J. Tallard surveys dividend disbursements for 1602, wages, and crop values. It compares steel industry wages and profits, Dominion of Canada finances, British trade deficits, and European tariff tensions, with notes on Japan's shipyards and U S shipbuilding trends.
The Cleveland company Messia, Wagner and Swasey secured the contract over competing foreign manufacturers. The losers are reported to be attempting to uncover the Cleveland firm's methods and secrets behind its successful output.
The New York market today saw a sharp reversal as speculative accounts cut profits after yesterday's rise led by Illinois Central. Stocks declined one to two points, with United States Steel dropping about 15 percent from last night as the market turned dull. Total sales reached 83 400 shares and bonds weakened with stocks. Scranton wholesale figures and local grain markets note softer conditions across flour and butter, with general indicators pointing to a cautious close.
Market notes show diverse grain futures and commodity terms with erratic quotes for rice wheat corn oats and butter cheese and dairy products. Prices drift with July September December contracts and options activity in a shaky session.
Wheat and corn values mixed with higher wheat contracts and steady oats. Butter and eggs show firm demand with regional variations. Refined sugars fall on most grades, while cotton remains unchanged and poultry markets show modest gains. Receipts list flour, wheat, corn, and oats with specific quantities. shipments cover wheat and oats.
June 14 activity in Chicago grains reflects corn losing ground to wheat while provisions rise. Wheat and corn prices shift with Paris demand and wet weather influence. Quotations list various futures and commodities including corn, wheat, flour, seeds, and pork prices.
Chicago reports mixed cattle and hog prices amid fluctuating demand. Receipts reach about 24 000 hogs and 22 000 cattle with prices varying by grade and weight across the market.
Buffalo cattle receipts show steady to weak demand with prices largely unchanged. Veal supplies firm and higher bidding seen on light grades, while heavy classes may improve with heavier cattle, midweek totals around 7.70 to 7.45, hogs at 7.10 to 6.00, and sheep and lambs about 6.00 with mixed quality from good to cull levels.
June 1 market notes show cattle steady with prime qualities around .75 to . interspersed bids for hogs and heavy Yorkers, rough lambs and veal calves listed in fragmented terms. Readable entries indicate typical regional pricing movements for cattle hogs sheep and calves in East Liberty.
The report lists June credit balances at 120 units with no bid shipments. It shows 102 200 barrels in total, 02 519 barrels per run on average, and 1 733 dollars per barrel on average, with 7.54 barrels per run.
Train timetable fragment lists routes and departure times for Delaware Lackawanna and Western lines. References to Berunton New York Philadelphia Oswego Syracuse Utica and Binghamton show daily and Sunday schedules with multiple departure times and connections.
Schedule for trains from Scranton to Philadelphia and connections via Wilkes-Barre Pottsville and Harrisburg with through vestibule service. Includes departure times 6 49 am 1 00 pm 4 00 pm and 8 40 pm on weekdays and Sundays, connections to New York City and other points, and notes on Pullman cars and intermediate stops. Authors credited J B Hutchinson and J B Wood.
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