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Newspaper
Troy Herald
Location
Troy, Missouri, United States of America
Date
Jan 16, 1878
Page
5
The issue lists Congress reassembling on the 10th and bankers of New Orleans denouncing the silver bill. Ohio senator Pendleton and other political shifts are reported, while Peruvian disaster and Italy’s king death loom in the wider world. The piece critiques bondholders, tariff debates, and republican strength against corruption.
In a recent interview United States senator from Oslo G H Pendleton reiterates support for his 1868 platform seeking greenbacks for duties and customs, remonetization of silver dollars, free coinage, and unlimited legal tender capacity as a cure for economic instability. He contrasts this with Democratic opposition to resumption and calls for government issue of circulating media to revive industry and confidence.
The St Louis Market reports dull cash wheat with bids around 61 to 61.29 for cash, February and March levels near 120-121. Cohn is steady with limited activity, cash bunched around 411 to 490, February 409, March 484. Cattle market sees tame demand with fat cows and oxen selling readily, steers 4.60 to 6.40, feeders 3.25 to 3.75, stockers 2.75 to 3.50, good cattle in short supply. Hogs show mixed sentiment. packers buy at the auction yards around 6.9 to 6.5 for packing, later easing to 4.0 to 4.10 for extra, with total sales around 10 000 to 15 000 head and overall activity modest to lively.
A deed of trust real estate notice from the recorder’s office of Lincoln County Missouri announces sale due to default on a promissory note. The trustee will sell Saturday March 2, 1878 at the county courthouse to satisfy the secured debt.
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