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Newspaper
Indianapolis Sun
Location
Indianapolis, Indiana, United States of America
Date
Oct 02, 1909
Page
4
The brief urges opening a savings account with the firm to build a fund for retirement. It emphasizes persistently adding to the account to ensure financial competency when retirement arrives and life changes, urging readers to start today.
Indianapolis market reports 2 000 hogs 1 300 cattle and sheep with lower hogs but higher cattle and sheep prices. Hogs sold mainly 7.75 to 6.25 per hundredweight with top lines near 7 60. cattle and calves showed steady to firm values, with steers heifers cows and calves listed and priced across a wide range.
Wheat prices show nominal No two red track at 1.15 with extra red at 1.31 and No three red at 1.98. December and November wheat $1.15 and December $1.14. Corn bids quiet with no offers. hay steady with no activity. Inspections list multiple carloads by grade. totals shown for wheat corn and hay. Comparative statement records weekly flour inspections and stock in store dates October 1909.
Market note from Indianapolis Produce Exchange lists fresh eggs at 2 cents, country butter at 20 cents, turkeys at 5 cents, ducks live at 5 cents, and hens at 130?. shorthand price report.
The October 2 1909 list shows bids for Ark Bailey Beaver Chambers Ferland Cobalt Lake Cobalt Central Crown Reserve Gifford Hargrave Kerr Lake Le Rose Lite Nipissing Montrose Nipissing Nova Scotia Otisse Peterson Lake Silver Leaf Temiskaming and Silver Bar. Market activity notes Silver Bar strength up to 30 and a firm under tone with modest buying indicating potential price gains. Temiskaming and Peterson Lake show mixed moves.
The New York curb market opened steady with quotes for Standard Oil at 695 702 and American Tobacco 4516460. Other listed issues include Cobalt Central 2744 9, Butte Coalition St a, Rawhide 2 27, Nevada Cons 44 24, Miami Copper 15, Boston Cons 1Y4 15K, Nipissing 1% 12%, Goldfield Daisy 16411, Union Cons s, Kerr Lake 95-16 9, La Rose 61h-16 714, Chicago Subway 1. 7% Goldfield Cons 26 9-16, and Davis-Daly 8% i, with Ohio Copper 44 49-16 and Manhattan Transit 1%4 ¢2 among others.
A Boston report lists varied copper stock rates and consular references including Mexican Cons 4 percent and Nevada Cons 24 percent with other names such as Allouez 0 119 Butte Coalition 254 and Kerr Lake 9 reflecting market notes. The item also mentions Superior and Pittsburg 15 percent and Greene Cananea Granby at 7 percent with Copper Range 80 percent and Franklin 174 percent.
Opening quotations show Wheat December at 99 and corn December around 56 percent with various figures for oats December 38 and pork January near 18.45. Lard January about 10.9 and ribs January near 9.75. Closing quotes list Wheat December 1.00 and pork January 18.60 with oats around 39 and lard near 10.83.
Wheat cash and futures figures show 1.19% and 1.20 for December and May. Corn bids posted at 65 cash, 58 December, 61.5 May. Oats trade at 42 cash and December, 44 May. Rye cash is noted as with incomplete data.
Chicago cash grain prices list Wheat bids for No 2 red No 3 red and other grades across hard and northern varieties Corn values show No 2 and No 3 assignments along with white and yellow types Oats prices for several white grades and standard oats with multiple percentages and bid numbers included
Massachusetts Avenue hosts a weekend fall opening as merchants stage striking window displays and attractive prices. The Marott department store marks its first anniversary with gala wares and crowds, while the Massachusetts Avenue Merchants' Association promotes the avenue as a thriving trading thoroughfare.
Listing of granted permits includes Woodburn Masson for a house at Washington boulevard and Thirty-third totaling 8000 dollars, Frank Green for a house at 1044-46 Virginia for 2 dollars, Mary J. Zollet for repairs at 2304 Bluff for 1 dollar, Kingan & Co. foundation at Chesapeake and California for 5000 dollars, Kingan & Co. water tower for 6900 dollars, E. Ballweg repairs at 1411 S. Meridian for 1999 dollars, Frank Bremmerman five houses at Twenty-ninth and Indianapolis avenue for 12700 pounds, Parry Auto company at Standard and Division for 1800 dollars, and John Denk repairs at 818 Warren for 350 dollars.
New York banks report a drop in clearings and reserves on October 2. The average cash reserve decreases 5 185 750, including U S S decrease 255 800 and loans down 7 255 900. Specie and legal tenders fall, deposits shrink by 18 145 40 and circulation drops. actual cash reserve stands at 5.15 percent.
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