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Newspaper
Indianapolis Sun
Location
Indianapolis, Indiana, United States of America
Date
Feb 21, 1910
Page
4
Chicago and nearby markets report mixed hog and cattle receipts with hogs mostly at 9.35 to 9.50 top, cattle steady to higher on cheaper grades, and lambs at 8.75. Sheep and yearlings varied, with overall stronger cattle demand and steady hogs compared with last week. Note includes regional totals for hogs, cattle, and sheep.
New York report notes clearing house average cash reserve up to 27.10 percent with gains of 1,507.27 dollars in reserve. U S reserve up 1,504,350 dollars and Leana increase 300. Cit increases total to 2,537,200 dollars. unclear text mentions tenders and cash reserve shift.
New York Feb 21 The stock market opened with a clear split between industrials and railroads while copper shares weakened readings. Smelting, Utah, Amalgamated and Anaconda led declines with other industrials dropping. Reading, New York Central, Great Northern Preferred and Union Pacific edged higher. Early volatility narrowed and prices slumped 1 to 2 points as London selling intensified and investors anticipated Boston holiday liquidation.
Grain markets show wheat and corn pricing with through billing notes for No. 2 red wheat at $1.24 and various white, mixed, and yellow corn quotes. Hay and straw prices listed with timothy values, and rye inspections noted by car counts across multiple grades.
The market faced a setback with weakness in higher priced issues led by La Rose which fell to 4 59, a three point drop from the prior close. Kerr remained active near 9 20 with 9 05 bid, while Cobalt Lake sold to 16 ½ and closed at 17 bid. Temisk trades pressured to 56 ¾, closing at that price with 56 ¼ bid. overall turnover light with little price movement elsewhere.
In New York on February 21 the curb market was quiet with mixed copper and tobacco quotes led by Standard at 6?0 and American Tobacco at 4?0. In Pittsburgh receipts show cattle, hogs, and sheep trading with higher demand. extra and prime cattle quoted around 6.90 to 7.00, hogs near 9.60 to 9.70, and sheep up 0 to 10 cents on all grades amid improved demand.
A severe Atlantic gale lashes the British coast from Denmark to Portugal, causing heavy shipping losses and blackouts in London. More than 50 people are dead or missing ashore and at sea, with 300 plus wire lines down and ports crowded with vessels seeking refuge. Floods compound the danger as efforts to reestablish continental communication continue.
A Massachusetts Avenue Merchants' association committee urged Mayor Shank to relocate the fire headquarters from Massachusetts Avenue and New York Street and sell the current site for an office or business block. Shank favors a new combined city building housing fire and police. officials consider buying land north of the city hall on Alabama Street for a joint headquarters. The merchants’ committee members are Edward E. Stout Irwin C. Bettermann George Hamill George J. Marott G. H. Westing O. J. Conrad and Leonard Geiger. The mayor believes the old headquarters can be sold to fund a new site and building. The group will report after the association’s meeting Tuesday night in the Indiana Pythian building.
Boston stocks list Lake Copper 62 Elm River 2% Utah Cons 32 Arizona Commercial 39% Indiana 353% North Lake 18%Smelting pfd 50% Boston Feb 19.
An advisory board of 30 city figures from business, religion, and law will meet Thursday Feb 24 to organize. Members include Albrecht Kipp J C Perry Rev Francis Gavish George Thornton Richard Lieber Hugh Thorsch Alois Geiger Charles Buchanan William Griffin O Connor Dan Brown Jr Dr Edgar Lewis Theodore Hewes Harry Plummer Rev F S C Wicks Rev Morris Feuerlicht W J Richards John Dean Herman Munk Andrew Steffen Rev Odell Rev Wolfe Dr George Wells Dr Frederick Chariton declined. The mayor’s secretary Luman Babcock notes service without return and city benefit. Mayor Shank will attend the first meeting at the Board of Safety rooms.
The listing shows No. 2 red wheat at 1.18 per sample milling, shelled oats at 0.46 0.48, straw priced between 5.00 and 6.50, and baled hay with mixed at 13.50 15.50, timothy at 14.00 16.00, indicating current market rates.
Fire at the Fifth Avenue Family theater rear of the Schmidt building in Pittsburg causes about 150000 dollars in damage. Six story structure gutted from mid to rear on Oliver avenue. Guests evacuated in panic. Samuel Hymans, a convalescent guest, believed to be seriously affected after a leg operation. Blaze originated on the theater stage and quickly engulfed the building.
Samuel Swift, reportedly a son of Chicago packer, resisted an alleged burglar at Broadway and Forty-seventh Street New York. In a brief struggle both men fell to the gutter as a police officer heard cries and arrested the assailant, who gave the name Edward Burns.
Evansville Ind Feb 21 Dealers report a car shortage described as the worst in 30 years. Letters to patrons warn relief may take 44 to 60 days, forcing shippers to cut shipments to manage demand and worry of further shortages among lumber dealers.
Abdul Hamid ex sultan of Turkey has been moved from Salonika to Constantinople with remnants of his harem to die. Dispatch from Constantinople reports the transfer as the old ruler returns to his former capital for final years.
A period piece advocating sympathetic care for overworked and distressed women. It urges a doctor led, carefully compounded tonic and nervine to support women’s delicate health, arguing that a regular physician with experience in such cases is best suited to select and balance the ingredients.
An historic advertisement touts The One Remedy as safely free of alcohol and habit forming drugs. It claims years of use by druggists and positions the product as suitable for women’s peculiar weaknesses and ailments.
Albany reports promise the Senate inquiry into State Senator Jotham Allds and Senator Benn Conger will reveal more sensational bribery details. Subpenas flood the state as Conger considers naming legislators involved in the $4,000 bridge drive. The probe edges toward exposing a possible trade cartel in bids and contracts with ongoing strategizing among Conger, his lawyers, and Allds’s team.
Evange list Billy Sunday closed his six week campaign in Youngstown tabernacle amid a vast religious upheaval. More than 6 000 converts were announced with 300 new converts in the afternoon and 20 at the morning service. Crowds overflowed doors as Mahoning County police struggled to control the jam. The revival raised over $10,000 for Sunday, and he departed for Danville Illinois.
The Ladies' Aid society of the First Spiritualist church moves weekly public seances to Wednesdays at 2 36 p m at Colfax hall 320 N Meridian St Rev Thomas Grimshaw of St Louis will lead
A Marion County Republican candidate pledges support for lawful business and corporate investments while opposing unlawful combinations. He backs Taft, condemns Cannonism, and argues for protecting investments with limited corporate taxes. He calls for a permanent tariff board and vows to crush monopolies to preserve competition. Very respectfully submitted.
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