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Newspaper
Indianapolis Sun
Location
Indianapolis, Indiana, United States of America
Date
Mar 08, 1907
Page
8
The stock market opened weak amid London influenced sentiment with losses around 0.5 to 1 percent, led by Great Northern preferred. As selling mounted, brokers acted to steady the floor with banking support and a late rebound reduced early losses, while government bonds held steady and some issues showed gains.
Chicago market report shows cattle receipts at 1800 with prime beef from 5.85 to 6.90, rest mediums 1.50 to 5.05, stockers 2.15 to 4.90, cows and heifers 2.90 to 5.20, canners 1.00 to 2.00, Texans 4.00 to 4.30. Hogs receipts at 19,400, pork and lard ranges from 6.80 to 7.03 for various grades, pigs 6.10 to 6.50. Sheep receipts 2500, native and western sheep 3.75 to 5.65, native lambs 4.75 to 7.00, western lambs 5.25 to 7.60.
Chicago March 8 report lists egg extras at 8c, butter creamery extras at Sic, cheese twins at 14 12 Sic, poultry including turkeys and chickens with duck at 12 1 2c, cheese at 5.00 to 7.50 per dozen. Prices vary by quality and grade.
Saint Louis meat market notes cattle receipts 800 steady with belt steers 3.75 to 6.15 stockers 5.00 to 2.75 cows and heifers 2.05 to 5.45 Texas steers 2.65. Hog receipts 500 up 5 cents with pigs 6.25 to 6.95 packers 6.65 to 7.00 butchers 6.9 to 7.06 sheep receipts 500 steady natives 3.60 to 6.00 lambs 4.75 to 6.75.
Cattle receipts 434 active with butcher steers at 4.65 to 6.50, calves up to 8.40. Hogs receipts 12 steady with good to choice 7.20 to 7.25. Sheep receipts 410 steady with extras at 5.15 and lambs at 38.00.
Grain and forage prices listed include corn at 46, shelled oats at 43, oats heaf at 15 to 18 dollars, straw at 16.5 to 680, miller 13 to 15.1, hay Timothy 20, clover 14 to 17, mixed hay 17.09 to 19.00. The data reflects multiple grades and unit ranges for commodity pricing.
On Friday at Indianapolis receipts were hogs 6000 cattle 1100 sheep 150. Hog prices slipped about five cents with best hogs at 7.12 to 7.15 yesterday’s level and most trades at 7.05 to 7.19. Cattle market steady with good to choice beef demand and fairly active trading. lighter feeding stock values held. Sheep and lambs sold quickly at steady prices. thin offerings difficult to move.
Wheat sold downward with May at 74 7/8 cents and July 74 7/8. Corn eased at open then firmed May at 46 0 6 cents and July 46 5/6. Oats firm May at 42 12 1/2 cents and July 43 7 8. May pork at 16.45 16.47, ribs 39 15 9 1 2, and other lines steady. Local receipts show wheat 17 cars, corn 106 cars. No. 2 red winter and No. 3 yellow noted with closed quotes.
Today's local stock exchange session was uneventful with few quotation changes. Union Traction common edged up mildly while Vandalia Coat issues slipped slightly as demand for active issues remained healthy.
Ermin Leitz and Bessie Gans from Lindenst joined two couples for a night out. Leitz asked for more money after losing funds and struck Gans when she refused. He was ejected, apologized, but later slapped her again. Police charged him with drunkenness and assault. fines totaled $45 plus costs. Other party members were not arrested.
Friday morning the senate disposed of many house bills including a failed proposal to make February 12 Lincoln's birthday a legal holiday with a 74 to 1 vote. Other actions included a land condemnation bill for hospital access, protection for municipal water works, and a $310,000 appropriation for a Civil War memorial near Andersonville backed by the G A R. Additional measures included funds for an Indian village site memorial, a two cent school tax levy increase for two years, and fees for county clerks. A key bill allows suspension of sentences and parole for certain crimes with control provisions, by 36 to 2.
Three southwest city schools 12 153 and 14 will reopen Monday after a three week measles quarantine. The Board of Health ordered closures as the epidemic waned, and signs of abatement suggest most nearby cases will soon be allowed to remove quarantine cards.
Two Butler teams face Wabash in Crawfordsville and Earlham in Indianapolis in an Intercollegiate Triangular Debating league event. Butler will argue for the closed shop while the home team defends the open shop. Judges include Prof. Morgan, Judge Grubbs, and E B E Hendee.
Senator La Follette improves rapidly from grip. Mrs La Follette arrives from Madison to nurse him. She walked four miles from their Madison home to Washington, posting a note on the door reading Gone to Washington.
Listings show births for multiple couples with addresses in Prospect and neighboring streets. Obituaries note deaths of Hiram Mobley Anna Bertha Lock Sarah Hendricks with ages and causes. Building permits include numerous dwellings and additions with addresses and estimated costs.
A Friday night program at the Second Presbyterian Church is presented by the King's Daughters. A quartet including Mrs. Eda Hair Mrs. Thomas C. Whallon Louis Dochez and J Raymond Lynn will be joined by organist Charles F Hansen. Mrs George H T Scribner will read and Mrs Hugh McGibens musical monologues. Eda Hare will sing two solos and Margaret Ladley will perform piano numbers. James W Taylor will play violin. Whallon and Dochez will each sing solo and Lynn will sing two vocal numbers.
The trial recounts Dr. Ephraim Chessman's companion on the night he was shot as questions arise about insanity and motive. Mrs Chessman denies being with him that night and the defense hints at presenting the woman involved. Prosecutor accuses defense of bad faith while the judge maintains the presumption of sanity.
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