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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Wayne County Herald
Location
Wooster, Ohio, United States of America
Date
Aug 26, 1897
Page
3
Wheat prices surged to 88 3/4 cents at the Chicago Board of Trade with cash wheat quoted around 90 to 93 cents. Traders expect further gains amid reports of a small domestic crop and tight supplies abroad, pushing forward an anticipated dollar wheat era and prompting millers to push flour prices higher.
Turmoil in the wheat pit as prices swung wildly from 64% to 54 cents, with shouting crowds and bears clashing in a chaotic scene. Reports put Manitoba and Dakota crop figures high while New York and Liverpool markets showed conflicting gains amid a two day holiday reopening.
Reports from Duluth and the Northwest warn of shrinking yields. Estimates drop from 200 million to around 140 million bushels, with many areas drowned out and average yields falling from twenty to ten or twelve bushels per acre. Rust and smut reduce quality, especially on low lands where grain will fail to grade.
A preacher analyzes Job chapter six to urge resilience amid hardship. He likens spiritual escape to surviving with “the skin of their teeth,” using vivid nautical and dental imagery, urging listeners to press toward heaven despite business, moral, and personal trials.
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