Market shows activity amid high prices and bank shrinkage
New York reports a renewed speculative pull in stocks with some gains only in a few issues like Louisville & Nashville, while overall prices lag after a bank reserve shrinkage. The market notes heavy realizing sales, shifting money dynamics, and speculation by Western interests in grain alongside rail and utility stocks.
MENTIONED IN THIS ARTICLE
New York
Louisville & Nashville
Burlington
Cedar Rapids & Northern
United States Express
Nashville
Chattanooga
St. Louis
Hocking Valley
Colorado
Philadelphia
Transcontinental
Interstate Commerce Commissioners
Northern Securities Company
Rock Island
Wall Street
The
Stock Exchange
United States
Clang’s lost his goat and a curious bill poster tale
The Ohio State Journal reports a comical piece about a goat and posters clashing with a tall tale about billboarditis. The piece mentions Paddy rootski and a hair choking moment, followed by a list of beneficiaries and certificates issued to Indiana residents for various sums at locations including Indianapolis and Terre Haute.
MENTIONED IN THIS ARTICLE
Ohio State Journal
Paddyrootski
Uri Oren
Faermiang
David Meredith
Bloomfield
Hin D. Stayton
Elwood
Frank Pratt
Terre Haute
Francis NM. Piper
National Military Home
Whon
Jacob Flinn
Kinora
Thomas Daltrey
Huntington
Michael McKinney
Soldiers” Home
Lafayette
Thomas Herd
Star City
John M. King
Danville
Robinson
Patoka
Jacob
Adolph Frey
Indianapolis
Eeerr Smith
Montpelier
William Wh Tewide
Landess
James Kaidneigy
Ponaieton
James W. Bwain
Converse
Martin L. Murray
Green’ Fork
Jona Michael
Crawfordsville
George Rockwell
Marion
Bet Edwards
John Michael
Monetary rates near 4 percent in major cities bank notes
Indianapolis shows commercial paper at 4 percent and time loans at 5 ¾ percent with large selling and balance figures. New York call money at 3 ¼ percent, sterling and bank bill rates steady. Chicago, Boston, Philadelphia report varied but stable clearings and balances. London and Paris post minor shifts as global rates show modest movement. Treasury balances reveal available cash around 4.18 million with gold and silver holdings in flux.
MENTIONED IN THIS ARTICLE
Indianapolis
New York
Sterling Exchange
Chicago
New York Exchange
Boston
Philadelphia
St. Louis
Baltimore
Cincinnati
Bank reserves unlikely to improve before end of spec season
The report shows a $4.49 million cash loss with $4,128.50 in specie. Loans rose $3.15 million signaling conservatism amid tight reserves. deposits fell $725,000. Reserve requirements were cut by $183,730, leaving a $4.316 million cash shortfall. Interbank receipts exceeded shipments mainly from currency returns from the South. Crop delays and unseasonable weather delay money demand. April government interest collections were late, suggesting smaller net drains ahead. Treasury surplus absorption and high exchange rates further limit reserve gains until seasonal activity picks up.
Private Wire Advices Market Tends Mixed In Early Week
New York reports on April 5 6 show mixed stock activity with L and N heavily bought by a major house while Isouri Pacific and some banks show weakness. Southern Railway strong for foreign buying, bank reserves fall short of legal limits, and overall volume dips with prices steady.
MENTIONED IN THIS ARTICLE
Meyer & Kiser
New York
St. Paul
Union Pacific
Atchison
Southern Railway Common
Missouri
Isouri Pacific
Commercial Chronicle
New York News Bureau
Rock Island
Southern Railway
Bank Reserves Drop to New Low Amid Cash Losses
New York banks report a week end decline in loans and deposits with reserves falling by 499 and excess reserves under the 3 percent rule dropping to 2,649,635. The weekly statement notes decreases in circulation legal tenders and specie, while profits and speculation are cited by The Financier. A stray mock dialogue about a leading lady is included in the column.
MENTIONED IN THIS ARTICLE
New York
New York Associated Banks
Stock Sale Noted by Santa Cruz Mining Company
George W Bolen secretary of the Santa Cruz Mining Company says two hundred thousand shares were sold to a single buyer in Indianapolis. The sale is hailed as exceptional and tied to an advertisement in the Sunday Journal. The property lies near Clark's Arizona interests.
MENTIONED IN THIS ARTICLE
Stevenson Bldg
Indianapolis
Ind
Santa Cruz Mining Co
Indianapolis Journal
George W. Bolen
Santa Cruz Mining Company
Kansas City
D. W. Bolen
George W. Eglen
Sunday Journal
Journal
United States
Clark
Arizona
Janitor Waits as Lecturer Missed Easter Sale Delays Talk
The janitor at the Woman's Club waited long for Mme Hyminde to address dress reform. A chaperone-like caller claimed the lecturer was detained at a special Easter sale and could not appear, leaving the club in suspense while the sale was cited as the reason for the delay.
MENTIONED IN THIS ARTICLE
Mme. Hyminde
Mrs. Hyminde
Drigudds & Nashuns
Souther Indiana Teachers' Association closes in Bloomington
Special to the Indianapolis Journal. The twenty sixth annual session of the Souther Indiana Teachers' Association adjourned at 10:30 today after record attendance and a profitable programme. Prof Frederick Trendley spoke on The Central Factor in Education. Dr Schaeffer gave Does Education Pay. Misses Duncan Beachy and Eva East, and Messrs Mason Gebhart and Black contributed talks. New officers include President C M McDaniel and Vice President Arda Knox. Exhibits from Bloomingon and Indiana artists drew praise. Vincennes will host next.
MENTIONED IN THIS ARTICLE
Indianapolis Journal
Bloomington
Ind
Souther Indiana Teachers’ Association
Frederick Trendley
Association
C. B E. Clough
Schaeffer
Arthur Mason
Columbus
J. M. Black
Washington
Ridgeway Gebhart
New Albany
Bouchart
Eva East
Parks
Margaret Beachy
Evanaville
A. M. Brooks
Indiana University
Brooks
Vincennes
C. M. McDaniel
Madison
Arda Knox
Brazil
W. D. Kerlin
Knightstown
Fannie Watts
Jeffersonville
A. E. Hinkie
Nannie Ayres
Terre Heute
Terre Haute
Dimond
Evansville
Indianapolis Manual Training High School
Greencastle and Connoreville
Peaceful Valley
J. Otis Adams
Butler's Hill
T. C. Steele
Hoosier Girl
Otto Stark
Philippine civil government bill tightens two commissioners
Republican members of the House insular committee nearly complete the Philippine civil government bill. The revised measure reduces Philippine commissioners to the United States from three to two and keeps the gold standard coinage. It also changes friar lands procedures for homesteaders and outlines weights and measures for Philippine commerce.
MENTIONED IN THIS ARTICLE
Washington
House Insular Committee
United States
Friar Lands
Philippine Commission
Division of Insular Affairs
Now Department
Philippines
China
India
Trust in Bivalves
A movement forms an oyster combine in Boston as Norfolk dealers visit to recruit Boston investors. The plan mirrors the National Fish Company with aims to protect prices and prevent price cutting.
MENTIONED IN THIS ARTICLE
Boston
Norfolk
National Fish Company
What is the difference in a coal box and John L Sullivan
A chaotic exchange of slang filled with wordplay about dogs, mowers, pockets, and money, ending in a quip about a baseball pitcher and money trouble. The dialogue mirrors a newspaper debate on language and wit in a Chicago Tribune style.
MENTIONED IN THIS ARTICLE
Chicago Tribune
John L. Sulliver
Also Mentioned on This Page
Ing Bec
St. Louis &San. Fran
Fist Pr
St L& SF
St. I. Southwestern
Southwest
Pref
Caton Pacific
Union Pacific Moe Wabash
Walburh
Eheling
Lake Fiie
Ones & L
Wisconsin Central Mo
Central
Adams
Wells-Fargo
Locomotive
Asia Am Pant & Re Ain, & R
Eres Sekdmann Mining Co
Brook
Rapid Transi Col. Fuel & Iron
Consolidated Gas Con
Tobacco
Republic Steel
Repubic
Ton U. . Co
Beth Sen
U. S. Leather
U U. S. Steel
U. S. Steel
Western Uni Total Enforce
American National Bank
Capital National Bank
Central Trust Company
Columbia National Bank
Indiana National Bank
Indiana Trust Company
National Bank
Wae Security Trust Company
Marion Trust Company
Indianapolis Street-railway
Cece
Belt Railway
Ry Belt Railway
Opeeew
T. B. Laycock Mfg. Co
P. c
BROCK
J. T. Polk Co
Indiana Hotel Co
Granger Farwell & Co
American Can
American Can Pri National Biscuit
National Biscuit
Canadian Pact Canada Southern Sm
Chesapeake & Ohio
Aston
Ety & Hl
Louis
Denver & Rio Grante
Db & R
Erie
Sau Baty
Sas City
aGhe Leke Erte & W
Gty
Lee
We & N
Sis
Manhattan
Mexican Central
Minn
81. Louis
Wwe
Kan
Texas
Baty
New Jersey
AmericAn National Bank OF & Cranny
Central Trust CO
Indianapolis and Eastern Traction Company
Indiana Hotel Company
B. Laycock Manufacturing Company
J. T. Polk Comany
Er Eee
East Market ST
N. E. Corner
Monument Place
Capital National Bank Commercial Club
Secretary of the Treasury
Byram
H. W. Bennett
H.J. Milligan
A. A. McBain
E. 8. Wilson
M. B. Wilson
W. F. Curacuma O.M. Packard
L. Parrell
Aas
Indiana
National Banka
Indiana Trust
Indiana Trust Building
Washington Street
Virginia Avenue
South
Pennsylvania St
New Tel
S$. A. Fletcher & CO
East
Poiceman Gay and
Tarrington
Best R.R
Newton Todd
Stocks and Bonds
Fletcher Bank Building
Bay OS i
W. B. Holton
Stevenson Buildine
W. J. Holliday & Co
Meridian St. Telephone
Geo. Saidenbucher
Board of Trade
Joel Williams
Lemeke Railding
U.S. Scale Co
Vanett County
Ohio
Actor Good
Roberts Farms
Actus
Pike & CO
Ill
Atlas Engine Works
Union Trust Co
Indianapolis Fire Insurance
Union Traction Co
Lathrop & Haueisen Bos Law Building
Clifford Arrick
East Washington St
FLOWER & + Bankers & Brokers
Fengo Stock Exchange Idg
New York Evening Post
Ings
London
Paris
Berlin
Treasury Statement
Treasury
Western Union Telegraph Company
America
Zon Company
Inelf Lable
Thos, T. Eckert
South Meridian St
A. W.S
the Yards
Geo
W. Bolen
Secy
Stevenson Building
Pigr
Jimmy
le Lee Pel Samuel A
Security Trust Company
Pennsylvania Street
Silver Mountain Oil & Mining Co
Richmond
Northern Association
South Bend
Northern Indiana Teachers’ Association
Strodayrs
Jacques
W. Redway
Charles Zueblin
Chicago University
D. A. Lambright
Kendallville
Russell K. Begood
Miss Adelaide For
Wabash
Reeman
D. A. Ellesbarger
W. A. Willis
George L. Roberts
Frankfurt
Notre Dame University
St. Mary's Academy
Atlantic Coast
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