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Newspaper
Indianapolis Sun
Location
Indianapolis, Indiana, United States of America
Date
Dec 21, 1910
Page
10
Markets report seven thousand hogs one thousand one hundred cattle and fifty sheep with hogs and cattle down year over year but sheep higher. Hog prices held mostly steady with a top near 7.90 while cattle and calves sold at strong but not higher quotes. Sheep and lambs moved at steady to slightly lower ranges, lambs at 6.25 and yearlings around 4.50, with sheep near 3.73.
Pittsburg and Buffalo markets show light cattle supply with steady to higher prices. Hogs and sheep demand mixed as receipts rise. Chicago grain futures edge lower on wheat and corn with active cash markets and strong pork lard movements.
Poole notes policy failure as packers refrain from buying hogs to curb prices. December receipts at western markets exceed November, shocking shippers who secure five hogs per farmer instead of one. Through the first twenty days this month purchases total about 302,000 versus 411,000 last year, leaving stock yards wary of a light run ahead of March.
Mrs. Joseph Michalski of Leperville left her children with a neighbor and returned to find her younger child submerged in a pail. The child had been filled with six inches of water.
Wheat in quiet. No 2 red and No 3 red notes. December and January dates appear with monthly codes. Inspections show wheat in 1 car in, 1 car out. hay in 4 cars, No 1 timothy and No 2 timothy plus clover mixed, total 4 cars. Corn and oats quiet with mixed stock and various car counts listed in both in and out categories.
Wheat No 2 red at 91 cents with milling sample and Cotn old 58 64? new 38 45. Shelled oats 2.3 cents. Timothy hay 16 to 18 dollars baled 15 to 18, mixed hay 18 15 baled, clover 10 12. Straw oats 3 7, wheat straw 5? per unit.
Wheat opened unchanged with slight profit taking near holidays. American firmness offsets cheap Australian offers and large Russian stocks. Argentina reports favorable crops as Australian crop advances continue. Liverpool and London exchanges will close Monday and Tuesday.
Toledo market notes show wheat cash and December at 6 to 7 cents, May at 4% with July. Corn cash and December around 4TYe, May. Oats cash and December around 36466. Rye No. 3 around 3800. Clover seed December 9.20, March 9.17. Timothy prime December 4.05. Alsike prime December 30.25.
Buffalo New York reports bids for spring wheat No 1 northern at 1.17 and a half, winter wheat No 2 red and white around 0. Ye reconsiders corn mixed with yellow values around 0.48, oats on No 2 white and white options near 0.35, barley and rye quoted with small changes, noting various standard samples and prices.
Cincinnati faces a doll shortage as a general Santa committee appeals to eastern importers. Telegraph orders call for immediate shipments to aid the worthy poor of the city amid the stringency.
Early session in New York shows gains and losses about even as traders react to the Lehigh Valley dividend news. Lehigh Valley moves on expected divident, others like Union Pacific Reading Southern Pacific and Baltimore & Ohio slide then recover. Overall activity wanes into a professional, subdued close with slight declines from day’s highs.
Fragmented OCR lists a dense flow of stock quotes and abbreviations. It references tobacco products, commodities, and company codes such as Am Tob, Rawhide, Can Can, Nipissing, Chino, and others with percentages and numbers, suggesting a market page or financial ledger.
New York market brief shows posted rates for time money at 3 to 6 percent for various terms. Sterling exchange quotes are 4830 and 48614 with bankers' bills around 48514 to 455.30 for demand and 48214 to 4824 for sixty day bills. Price mercantile paper remains unchanged.
Opening quotations list Shattuck Arizona 24 44 North Butte 29 55 Shoe preferred 28 4 Nipissing 4 Smelting preferred 47 Hancock 21 with December weather and market tone implied.
In New York on December 21 the metal market was heavy with copper spot to February quoted at 12.80 and 12.35, lead at 14.8, spelter at 5.55, and tin at 37.0 to 37.50 per unit.
London trading update notes bar silver at 265 pence per unit with prices steady as of December 21 indicating market stability for London bullion.
The page notes a general London market lull with copper stocks selling off. It cites Steel Corporation cutting 1911 profits with a 2.7 million dollar distribution plan. It mentions US and global business moves including railway and mining items and a planned Interboro subway extension.
A. W. Thomson company wire from Logan Bryan New York notes January disbursements near 227000000 and higher than last year, suggesting imminent investment demand though inquiries remain definitory. Meyer Kiser wire from Miller Co New York states declines may avoid liquidation, sees market rising and favors Union Pacific amid current conditions.
US Steel announces a 1910 employee bonus totaling about 2.7 million dollars for officers and subsidiaries. The bonus will be 60 percent in common stock at 87.0 a share and 40 percent in cash, with optional subscriptions for 25 000 preferred and 25 000 common shares. Last year 60 percent was cash and 40 percent preferred stock.
Albert Moeller’s will left $3,000 to his executor William Kley to donate to the Verbote, a Chicago socialistic paper, with instruction it be used only if the paper remained true to socialism. Judge Dixon of the county court ruled the will’s terms plain and effective.
Margaret Hall sues Lewton J. Hall for divorce claiming he forbade her from attending Knights and Ladies of Security lodge meetings. She notes her longtime membership and that attending the order was her main recreation, while he opposed married women in lodges.
Newburg New York December 21 reports Gen Barry ordered West Point to stop keeping chickens. Officers and soldiers had kept a few fowls for eggs but will no longer be permitted after a set date.
Kas December 21 James Tucker a barber was beaten by two assailants trying to rob him on a street. He escaped when he threw his money into the weeds and his nose and head were injured.
Corrected daily report shows bananas $2 to $ for straight and brisk holiday demand. Apples varied with multiple varieties priced per bri and box. lemons, oranges, grapes, and pears listed with firm regional sources. Vegetables include beans, beets, celery, cucumbers, lettuce, onions, potatoes, and other staples with assorted unit prices and new crop notes. Christmas trees and greenery also cataloged with per-dozen and per-piece rates.
Chicago board of trade plans a Saturday session as other exchanges close. Wheat receipts and contracts vary with Monday gaps and notable activity in corn and oats. Analysts cite moisture, crop scare potentials, and railroad logistics affecting prices and futures movements.
Alfred D. Wainwright of Bloomfield New Jersey boasted a weight trap to stun thieves. A 15 pound sash weight dropped when the door opened striking his nose and crushing his toes as he released the flock. The injured man was later treated.
Elgin market reports varied dairy items with price ranges for butter eggs and cheeses. Includes capons roosters turkeys ducks geese and Swiss and Neufchatel cheeses. New York market notes dull flour steady pork lard and refined products with live poultry and dairy receipts.
Chicago trading report lists butter creamery extras at 29e firsts dairy extras at 28e prime firsts 31e and various poultry items including live fowls springers ducks and geese with small priced ranges noted in the fragmentary December 21 market summary.
New York finance chiefs monitor December and January steel orders as mills operate at 60 to 65 percent capacity. A February price move is anticipated as demand weakens and rail borrowing remains blocked, clouding profits for United States Steel and the broader industry.
The Central railroad of New Jersey declares 2 percent quarterly and 2 percent extra dividends from Je high and Wilkesbarre coal earnings, payable Feb 1 to record holders Jan 20 and Dec 22 respectively. Others include Corn Products 1 percent preferred, United States Smelting 1 percent preferred and 1 percent common, American Telephone 2 percent, Chicago Railway Equipment 18 percent, Mines Company of America 2.14 percent, Dulore Company 0.44 percent, Fl Rayo Company 0.5 percent, International Nickel 1 percent common plus 0.5 percent extra and 1 1/3 percent preferred, Trust Company of America 6 percent. Books close on various dates. details as listed.
The Cincinnati reality company declares a regular quarterly dividend of 11 ½ percent on common and preferred stocks payable January 2 to holders of record December 26. The Union railway gas and electric company also declares a dividend of 1 percent on its preferred stock payable January 3.
The Wednesday session on the local exchange was steady with stocks stronger than bonds. Three stock advances occurred as Van Camp Hardware gained 1 point, Security Trust 1 point, and Indianapolis & Northwestern 1 point. bonds had no advances and two declines.
A dense price sheet lists Ton and bag rates for Anthracite and coke products. Items include Tamp coal at 86.00 per ton, Winifred and Pocahontas variants, Linton, Hocking Valley, Kanawha lump, and gas house coke. Additional charges cover bags, extra loads, cellar delivery, and chute fees.
Indianapolis wholesale market lists hides and calf skins by grade and weight. No. 1 cured hides fetch 9 cents per pound, No. 2 cured 8 1/2 to 9 cents. green hides No. 1 and No. 2 vary. Calf skins No. 1 14 cents, No. 2 8 1/2 cents. Kip skins prices noted for cured and green, horse hides at 50 cents to 2.50 dollars per pound or unit, tallow No. 1 around 6 3/4 cents per pound, No. 2 around 5 to 6 cents.
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