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Newspaper
Indianapolis Sun
Location
Indianapolis, Indiana, United States of America
Date
May 09, 1910
Page
9
Across markets hogs edged down to 9.60 with few offerings. Cattle traded stronger with varied prices for steers, heifers, cows, and calves. receipts and regional totals cited for Buffalo, Cincinnati, and other areas.
Market notes show pork steady around 24.50 per unit, lard quiet at middle spot near 13.00 to 13.10, and raw sugar steady at 4.30. Muscovado and refined sugars edge near 6.05 to 5.95, with grain around 5.25. Coffee Rio No 7, tallow steady. dressed poultry prices mixed for turkeys 23c, chickens 17c, fowls 15-20c. live poultry dull with geese 5c and fowls 14-15c. Butter quiet at 28-46c. eggs steady with white fancy at 25c and other grades 20-22c.
Chicago May 7 open higher with May wheat up 3 cents to around 115. The gain credited to Eastern trader Theodore Waterman. Prices for May and July contracts show modest advances across wheat, corn, and oats with pork and lard futures noted in the day’s table.
Wheat steady with No 2 red at 1.05, No 2 red en A selling 1.07, May 1.08. Corn quiet with no bids. Oats quiet with no bids. Hay quiet with no bids. Totals show mixed car counts for corn, oats, and hay across several categories, including No 2 white, No 3 yellow, No 4 yellow, No 8 mixed, and timothy hay.
Cash wheat values for No 2 red No 3 red and No 3 spring range from about 1.16 to 1.18 per bushel with No 2 red at 1.16 1.18. Cash corn shows No 2 corn around 64 64c and No 2 white 66 67c, No 3 yellow 61 62c, and No 4 yellow near 60 64c. Oats prices list No 2 oats 41 44c, No 3 white 41 44c, No 4 white 40 42c standard 44 45c.
Wheat cash and May 1.15 July 1.05 September 1.055 Corn cash and May 0.81 July 0.6334 September 0.454 Oats cash and May 0.44446 July 0.42 September 0.38 Rye No 2 0.79 No 3 0.76 Clover seed cash 6.90 October 6.524 March 5.62 Prime Timothy 2.25 Prime Alsike 6.75
New York quotations for copper spot to June at 12.05 to 12.30, July at 12.05 to 13.35, lead at 4.25 to 4.37, spelter at 5.05 to 5.15, and tin at 32.80 to 33.00.
London strength lifts early New York trading as brokers report unlimited buying and big interests prevent declines after King Edward's death. Leaders gain with Great Northern pfd up 1 percent, Canadian Pacific 1 percent, Steel common 5 to 6?, Union Pacific 1 percent, Southern Railway up, Reading variable, Smelting 1 percent, Brooklyn Rapid Transit up 3. The bulls are in harmony and control.
A compact market listing shows Indianapolis and regional bond notes for streets railways water works and utilities. It references companies such as Indianapolis Street Railway Northwestern Kokomo Marion and West Coast Merchants Heat and Light and Union Traction with varying prices and percentages and notes on share sales and large holders.
Bank report shows Clearing house reserve at 25.95 percent, reserves up four million, loans down 23,438,200, specie up 1,332,200, legal tenders down 2,700,300, deposits down 21,477,900, circulation down 225,200, reserve at 26.11 percent. Also notices for sale of stock, stores and equipment, and political pitch urging vote for Harry W. Holmes for justice of the peace in Center township primary May 24. Listings include store fixtures, land, plants, soda fountains, and various classified ads with locations in Maumee Indiana and Indianapolis.
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