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Newspaper
Indianapolis Sun
Location
Indianapolis, Indiana, United States of America
Date
Oct 18, 1909
Page
4
Chicago grain markets opened weak with May wheat at 1.06, December wheat 1.03 to 1.05, December corn at 58.5 to 59, December oats at 6 quarters, January pork at 18.50, January hard at 10.90, ribs not quoted. Wire report by A. W. Thomson.
On account of the death of Jacob W. Smith the Indianapolis Board of Trade suspended grain calls. Detailed inspections show mixed car lots across Wheat Oats Corn and Hay, with totals for each category. East Buffalo New York cattle receipts and varied prices for cattle hogs sheep and lambs conclude with market slow/weak tendencies.
October 18 market rundown shows La Rose Kerr Lake Crown Reserve and City of cobalt perking, with minor gains and steady peers like Little Nipissing and Silver Leaf. New York trading opened firm with mixed copper and mining shares including Kerr Lake and Nipissing among movers.
Indianapolis October market reports show receipts of 3000 hogs 1100 cattle and 300 sheep with hogs up from last week while cattle and sheep fall. Prices ranged from 7.00 to 7.85 for hogs 160 to 225 pounds with most fat stock 10 cents lower than prior week while cattle and calves sold slowly and sheep and lambs little changed. Representative hog sales list numerous lots with prices around 7.00 to 7.85 and mixed cattle, steer, heifer, and calf figures across the day.
Cincinnati hogs steady to higher with light pigs around 5.00. Cattle receipts 2,462. calves slow. Union Stockyards Illinois reports 28,000 hogs with mixed to good demand, cattle 3,000, sheep 45,000 with prices easing for sheep and lambs.
At the New York opening Oct 18 a higher price range was set across the room but early sales led to fractional concessions from the initial figures. Steel common rose to 92.5 93 from 91. Rock Island group including Kansas Texas showed strength as Kansas Texas gained two points. Union Pacific, Reading, Southern Pacific, St Paul and Erie posted small gains while Amalgamated Copper and American Smelting moved higher with earlier leaders. Interborough Metropolitan issues remained strong as a group amid a cautious market tone.
Boston market starts with Old Dominion at 52 and Greene Cananea at 10 percent. Shoe Machine lists 30 percent, Nevada Con at 24, Arizona Commercial 45, Smelting 56, and North Butte at 604.
Market notes from Rouse Brothers listing grain and hay prices. Wheat No 2 red ranges 31.044 to 106 80c and 85c to $1.02 for milling samples. corn new 60 to 60c. shelled oats 12 to 16 cents per bushel. mixed hay 12 to 13.50. clover 12 to 14. timothy 13 to 16. base straw 5 to 6.09 dollars per ton.
Indianapolis Produce Exchange reports eggs at 2 cents, country butter at 1 cent, turkeys at 9 cents, ducks live at 8 cents, hens at 11 cents, and spring chickens at 1 cent. Prices reflect daily market quotes for local buyers and sellers.
John D. Adams & Co. at 8 W Market Street faced a flood of long distance calls about buying butter and eggs from farmers statewide. Police investigated but found no solution as farm producers phoned with price questions, suggesting a prank or deliberate misdirection.
Lew Shank Republican mayoral candidate vows a Monday night reply to Friday night anonymous charges raised by deputy prosecutor Frank P. Baker. Baker alleges Shank’s Fremont Aldford grand jury testimony and tax payments will be challenged as part of a political attack.
The Indiana Railroad Commission, which hires Hanly, McAdams and Artman for legal matters, paves the way for more fees by engaging the eminent firm. Governor Marshall was interviewed and reportedly suggested the road commission should consider lower fees and broader options, signaling opposition to a single firm.
Three Russians were arrested at San Remo in the home of anarchist Cappa. Cappa escaped. papers were seized. Russians hoped to assassinate the czar during his visit, with fears of further plots. Radical protests tied the czar to King Alfonso amid Ferrer demonstrations.
News from Copenhagen dated October 18 reports that two Eskimos who traveled with explorer Dr. Frederick A. Cook declare support for his claim to have reached the North Pole. Captain Schueubeye of the Godthaab says Rasmussen failed to reach the natives but was told by others that the pole was reached. The natives fled Rasmussen’s ship and hid provisions until Peary was ruled out.
The Ancient Order of Hibernians in Morrison hall held its annual meeting led by President Bart Cavanaugh. Reports showed growth in numbers and finances. Suemas MacManus, famed Irish patriot and author, was invited to deliver a Sunday lecture in Indianapolis on November 21 with the topic The Glories Sorrows and Hopes of Erin. An initial committee was appointed to arrange his visit and the quarterly initiation remains scheduled for November 21 afternoon. An amusement committee was reappointed for the next year listing J Casserly and others by division.
On request of Judge Payne of Chicago and Shaffer interests counsel, the hearing before Master in Chancery Daniels in the Star receivership case has been postponed from Monday to the following Monday.
Livestock prices drift for cattle hogs and sheep with receipts of 12 loads. Prime heavy hogs fetch around 7.00 to 7.08 while heavy cows and veal calves show weaker bids. Sheep sales appear slow as buyers watch market signals.
The Indianapolis and Cincinnati Traction Co operates trains to Shelbyville Rushville Greensburg and Connersville with multiple daily departures. Freight and express services run to Shelbyville Greensburg and Rushville with fourteen to fifteen trains each direction and local paters at Connersville and Acton.
Local trains depart at the hour for Indianapolis and numerous points including Levascou, Frankfort, Lafayette, Greencastle, Brazil, Terra Haute, and Richmond. Midday and evening runs list Newcastle, Lebanon, Dayton connections, and through service to Dayton, Columbus, and other connections via Cambridge City and Greenfield with multiple morning and afternoon departures.
Mrs Mary Romel aged 28 formerly of Indianapolis and niece of Lewis G Bauer died in Palatka Florida where she had gone last winter with an aunt after a period of ill health. Burial is planned in Florida.
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