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This newspaper page contains 14 articles. Subscribers can read the full text of each article.
Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Aug 23, 1903
Page
10
Local wholesale trade last week kept to expectations with strong buying across fruits vegetables and groceries. Commission prices were favorable and supply ample while egg poultry and butter markets showed mixed gains and steady to firmer prices. Grain markets saw variable receipts and steady to firm bids as wagon and hide markets posted modest activity and retail trade remained robust.
Readable fragments show a 1920s style listing of coffee blends and brands with prices, plus dried goods, molasses, syrups, tobacco, nails, leather, lard and bacon details. Also notes on fruits, vegetables, onions, peaches, seeds and grass. Names such as Dilworths and Mail Pouch appear alongside general store items and unit prices.
Union Stock Yards Indianapolis August 22 cattle receipts total 14 shipments 2 week’s receipts up 1 500 over last week and 2 000 over year ago with a 16 000 year to date gain. Quality fair to medium. scarce thick fat cattle. Western range cattle dominate the market. native stock outlet limited. Early week prices declined ½ to 1 cent but rallied by week end. Best prices: steers 5.6 cows 4.25 heifers 4.90 calves 7.0. Quotations: steer 1350 lbs best to good 1 350 lbs range 1 200–1 300 lbs plain fat steer 1 200–1 300 lbs.
Receipts and price movements across Kansas City New York Chicago St. Louis and Omaha reflect mixed trends in hogs and cattle. Light hogs rallied after early declines while heavy hogs and cattle showed varied gains and steadying demand amid shifting packer and buyer activity.
Capt. William H. Hart and Senator Albert Beveridge headline Indiana State Bankers Association events at South Bend. Farm loans are rising to six percent signaling a tighter money market across Indiana with banks in Indianapolis and rural towns adjusting rates and liquidity.
Chicago financial journal notes Western banks must cover crop moving needs, aiding reserves. Forgan of First National Bank opposes non government bond security for deposits and asset currency. Wood cites Malott alignment but with differing views. Officials urge prompt, uniform banking legislation to avert or defer a possible general panic.
Chicago trading showed dullness with wheat weaker on favorable weather yet afternoon strength. September wheat down cresting near 79 19 cents, December off. corn fell after brief rally, oats down as hogs steady. provisions firm on demand, with bullish activity in lard and ribs. Receipts and cash quotes follow, highlighting Minneapolis Duluth and local markets with mixed signals for futures curves.
Wheat options quiet through the day in New York as flour receipts reach 22 427 bushels with exports 10 298 bushels. The market stays firm yet subdued for winter patents and straights with Minnesota patent prices around 4 95. Rye remains quiet with prices from 3 35 to 5 55 for choice to fancy. Corn meal steady with Yellow Western at 1 12 per the ton and city meal at 1 10.
Grain and bulk markets opened easy on favorable Northwest weather and fell through liquidation. Wheat, corn, oats, rice, coffee, sugar and fats show wide quotes and steady or firmer ranges with receipts listed and notable activity in futures contracts.
Daily market briefs from St Louis Kansas City Liverpool Cincinnati Toledo Minneapolis Milwaukee and beyond with mixed grain prices Wheat and corn values by variety No. 2 red and white, futures and cash, receipts and shipments reported for Aug 22 across multiple cities. Corn meal hay bacon whisky and seeds noted with several price points and commodities among regional exchanges.
New York reports butter receipts 5,622 packages with a firmer market and mixed creamery prices. Philadelphia notes butter firm and eggs up to 21 cents, cheese firm. Kansas City shows per dozen for Missouri and Kansas stock. Chicago reports butter 14 19c and cheese steady. Cincinnati lists butter firm and cheese steady. Boston and other markets show varied poultry and wool prices. London wool auctions rise in arrivals. Overall, prices across commodities show firmness in butter and eggs with mixed results in cheese, wool, and metals worldwide.
A blast at the Ontario Odder Company packing house in Tweed Ontario today killed three men and shattered plate glass windows across the town injuring several buildings.
Whisky prices fell another cent on the Board of Trade today in Peoria. The Cincinnati price dropped to $1.23 as recent trends show continued activity and declines amid market fluctuations.
Station schedules list trains to Anderson Muncie Elwood and Tipton with 4 15 am and 9 15 pm intervals. Limited services to Anderson Muncie Elwood and Marton with noon delivery cutoffs and weekday peak trains. Multiple lines cover Greenfield Martinsville Greenwood and Shelbyville with hourly and half hourly departures and weekend special schedules.
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