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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Aug 28, 1903
Page
10
Receipts of grain remain heavy as the week advances. Dealers express disappointment at the small wheat offerings while millers push to secure stock. Corn offerings fall short of expectations. track bids, as reported by the Board of Trade secretary, remain steady for certain grades and freights.
Market recap shows light wagon offerings with steady demand and no price gains. Quotations list corn oats and hay prices. Timothy and clover values noted with old and new figures, including hay at 11 12 for old timothy and 10 for new.
Prices paid by shippers cover tom turkeys seven cents per pound, hen turkeys ninety eight, hens, cocks four cents, young ducks one tenth, springs, and various butter, cheese, and beeswax figures. Hides and tallow list green salted hides grades No. 1 through No. 2 with prices from eight to ten cents per pound, yellow hides at four cents for No. 1 and three cents for No. 2.
A long list of wholesale prices covers candies, nuts, drugs, chemicals, fabrics, and other commodities. Items include roasted peanuts, brazil nuts, almonds, various coal types, alcohol, quinine, indigo, coffee, sugar, and textiles with numerous station and brand names across multiple categories.
The report lists money rates in Indianapolis New York London Paris and Berlin with call money at 1 12 percent and time loans easing. It notes Treasury balances available cash 230 203 911 and gold 101 919 608 while New York stocks trade dull with no outside interest and Erie and Atchison show earnings gains as market skepticism lingers ahead of crops.
Chicago August 27 grain prices rose on strong wheat, with September up 1/8 to 1/2 cent and December higher. Corn and oats followed, oats up about 4 cents for September, December unchanged. Provisions were irregular as weather and crop damage fears buoyed wheat. near-session highs and limited selling restored firmer closes. Receipts totaled 345 cars for wheat and flour, with Minneapolis Duluth arrivals and local cargoes shaping trade. futures range and cash quotes show firming demand across grains in a tense market.
Summary of regional grain and commodity prices and receipts from St Louis to New York including wheat, corn, oats, rye, flour, pork, lard, and butter benchmarks, with city quotations and shipment data for Aug 27 across St Louis Kansas City Louisville Cincinnati Duluth Toledo Liverpool Minneapolis Baltimore Milwaukee New York Philadelphia Chicago Boston and New Orleans. Key figures include No 2 red wheat 54 cents, corn 48-49 cents, oats 34-39 cents, bacon and lard prices, and wheat premiums in St Louis and Chicago markets.
Wheat futures drift with steady to higher closes as May and September positions hold while December weakens. Corn receipts show 92,000 bushels with exports at 2,600 as spot remains steady. Oats supply strong with 134,000 bushels receipts and premiums mixed. Hops and meats hold firm with slight gains in some grains and oils. cotton seed oil trades flat to firmer amid cooler western rains.
More than 4 00 Smiths gathered for the twenty eighth annual Smiths and friends reunion in Peapack New Jersey. The event traces the family back to a founder who arrived from Holland in 174 and settled on a local farm. seventeen of his children stayed in New Jersey.
An Joliet ordinance requiring elevation of all railroad tracks took effect amid railroads unprepared. Mayor Crosius warned the day it must be recognized and threatened to build stone walls over crossings or impose other track actions to force compliance.
UNION STOCKYARDS INDIANAPOLIS Aug 21 Cattle receipts 84 shipments 96. Market opened with more animation for choice stock and better outlet for other cattle amid oversupply concerns. Some prices rose, many holdovers remained, overall demand steady with cautious tone. Veal calves and hogs showed mixed results as packers maintained buy ing terms. heavy weights supported by stronger late bids though light hogs lagged. Representative sales noted mixed ranges across steers heifers cows and calves with varied discounts and premiums.
Building permits issued for Parry Manufacturing Company on tee Brig. structures near White River totaling 36600 to George Weaver and Son for brick River Avenue and Washington Street. Rakel secured a frame cottage in Madison for 900. Francis Maurer filed for a frame addition at 201 Wircomera for 300. Edward L. Meek approved for two frame cottages at S27 Bireh partere Loker for 0.
Aggregate livestock pricing across New York St Louis East Buffalo and South Omaha on Aug 27 shows mixed demand. Cattle totals include native shipping and export steers at various 2.60 to 6.66 per cwt ranges, with calves and bulls noted. hogs hover near 5.00 to 6.25 per 100 pounds. sheep and lamb receipts show dull to steady activity with prime lambs and mutton prices cited.
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