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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Jun 23, 1903
Page
3
Local dealers posted wholesale quotations for poultry and groceries including turkey varieties, butter, cheeses, canned goods, dry goods, coal, and dry provisions. The page also notes broader market drift in New York stock markets amid gold exports and imperfect bank statements.
The week opens with fair trade volume and firm prices, poultry remains strong in home and Eastern markets with expected price declines after July 4. Grocers report busy day on commissions, with light stock and many orders. oranges and old apples weaken while new apples arrive in good size, and meat, grain, and staple goods show varied activity amid harvest preparation and steady to firm prices.
Prices for hay timothy oats and straw stagnate as rain dampens wagon trade. Weighed market notes show Timothy hay at 13 per ton and clover around 40. Clover straw fetches about 67 per ton while oats per ton command 13. The report lists multiple grade notes and confirms light offerings due to rain.
The Local Stock Exchange saw generally lower bids with some demand for Marion Trust Company stock. Home Brewing Company announces a semi annual dividend payable July 1, and Raul preferred stock carries a 3 percent dividend also payable July 1. Union Traction stock shows no ex-dates and bid prices soften on common and preferred shares.
The New York Sun notes the passing of Hiram Burlingame of Westfield Massachusetts. The author laments his death with affectionate memories of New England life and humor, recalling a past era and Burlingame’s stoic nature after a long illness.
Cattle receipts higher with improved demand and prices for fat steers cows and heifers, while hogs show a decline of about five to six cents from last week’s levels, and sheep and lambs bring a softer tone. Demand locally and from outside buyers supports prompt bidding though overall quality remains average and sale mix includes a wide range of feeding cattle and calves.
Market reports from New York to Cincinnati show cattle steady to higher in few regions while hogs weaken or hold, with supplies varying. Notable figures include Texas and Western cattle, veals firm, and lambs fluctuating. buyers split on demand and price.
Chicago grain pits show strong buying with September wheat up about 1 percent and July higher as rains and thins in the Northwest boost sentiment. Corn gains amid belt shortages and heavy receipts, oats rise, while hog provisions ease. New York visible supply reports show wheat and corn inventories shifting amid market tightenings.
In New York in early June, grain markets show firm receipts and rising prices. Wheat leads gains amid bullish crop talk and shorts covering, while corn and oats stay steady or firmer. Weather and supply signals influence the session as futures close higher across several contracts.
Trade in general quotations across markets shows flour steady in St. Louis and Cincinnati with firm wheat and mixed corn notes. Reports from New York Chicago and Boston reflect steady butter and cheese trends, while dry goods markets remain active with ongoing demand and cautious buying behavior nationwide.
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