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The Indianapolis Journal in Indianapolis, Indiana

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

The Indianapolis Journal

Location

Indianapolis, Indiana, United States of America

Date

Aug 03, 1903

Page

10

Cattle Market Slumps as Receipts Far Above Last Week at Union Stockyards

Union Stockyards Indianapolis reports a week of unusually high cattle receipts totaling 24, with shipments around 100. Prices fluctuated sharply as buyers exercised discriminating power, causing many lots to sell at up to 10 percent apart. By week’s end, gains from earlier were wiped out, especially for poor quality and unfinished cattle, with extreme prices noted at 95.20 for steers and 4.50 for heifers.

Union Stockyards Indianapolis Aug. S Salea

Market Report: Hog and Sheep Receipts and Prices

Hog receipts 2,500 with a week of price swings and premium local values. Sheep and lamb receipts 240 with fluctuating prices. lambs up to 5.75 and sheep to 3.75, market mixed and generally steady to lower toward week end. New York and Chicago prices shown for cattle, hogs, and lambs with regional variations. Kansas City, St. Louis, and East Buffalo quotes reflect market activity and weekly changes. Ohio and other regional figures indicate mixed demand and price movement across multiple markets.

New York Reeves Souennes Direct Lesey Diegiitetb Adge Faye ST. Louis Chicago Texas Fed Lambe Western Lambs Kansas City Texas East Buffalo York South Omaha Chine RGOOI Lamba Ees Isville Oeney x Neon Cteher Choice East Liberty Sm Ale Sons

Wall Street Week Sees Unrest Over Monetary Conditions

The New York financial week ends with a lifeless close as stock prices drift and liquidity remains tight. Rock Island declines on refunding bond doubts while People's Gas climbs on a quarterly dividend. Mexican Central edges up on takeover rumors and Northern Securities surges after a court ruling. Banks report loan growth due to speculative funding, and trust-company liquidations ease somewhat as investors cover shorts. Analysts warn against overextension of credits amid ongoing caution in commercial finance.

New York Rock Island Northern Securities Company Minnesota International Mercantile Marine Louisville & Nashville Shorts A. Barton Hepburn Chase National Bank New York Central Pennsylvania Lea United States

New York Clearing-House Banks Report Mixed Fortunes

London Aug 2 The stock market shows discomfort with fewer failures than expected Liquidations remain heavy while prices fall but foreign securities rise Russian Japan Chinese Spanish Turkish Bulgarian and Argentine issues advance Loan totals rise by 964 800 after 554 200 a week earlier Cash reserves jump 7 014 900 deposits up 7 480 40 and required reserves increase 1 870 225 The imbalance leaves a shortfall in balancing the statement with surplus reserves at 24 100 075 compared to year start levels

London Japan Pennsylvania Railroad Company Treasury Central Pacific San Francisco BANKS Cireal Rea Bank of New York N. B Specia Legal Merchants National Manhattan Company Mechanics America Estevessace Phenix National Chemical National Beeenmene Merchants’ Exchange National Gallatin National Sseane Ee A. National Butchers’ and Teer Greenwich Leather M’facturers’ National American Exchange National National Bank of Commerce Mercantile National Acific Chatham People’s National Bank of North America Hanover National Vewheeewe Oriental Sriveless East River National Bowery New York National Exchange New York County National Chase National Fifth Avenue Germania Lincoln National Garfield National Fifth National Metropolis New Libert National New Amsterdam National Ork Produce Exchange CPE Astor Natieee Eeee Passeberecaces Western Nat'l Bank of the U. S United States

Rates on Loans and Exchange in Indianapolis and New York

INDIANAPOLIS commercial paper 4 9 6 percent time loans 5 6 percent clearings 1 090 189 24 balances 163 843 18. NEW YORK call money nominal no loans time money easy sixty ninety days 4 percent six months 5 5 percent prime mercantile paper 5 4 6 percent sterling exchange steady bankers bills actual business 4 85 625 4 45 875 for demand 4 83 279 4 83 625 for sixty days posted rates 6 04 8 and .37 48 7 percent commercial bills 4 83 279.

Indianapolis New York Prime Mercantile Sterling Exchange

Global Money and Trade Movements Report

London observes a stock exchange holiday with bullion moved to the Bank of England amounting to 48000 pounds. New York reports dry goods imports valued at 11993227 dollars for the week, with exports of specie totaling 423365 in silver and 2300 in gold and imports of specie 20797 in gold and 64244 in silver.

London Stock Exchange Bank of England Paris Berlin Exchange New York

Treasury balances show available cash in general fund

Washington Saturday's statement of the treasury balances in the general fund exclusive of the 159,000,000 gold reserve in the division of redemption shows available cash balances per 228,201,444.

Washington Treasury General Fund

Increase in the Surplus Noted in New York Bank Averages

The weekly statement from New York associated banks shows loans, deposits, circulation, legal tenders, and specie. The Financier notes the sole disappointment: loan totals did not reflect the stock market liquidation seen at the end of the week ending July 30.

Associated Banks City OF New York Associated Banks of New York City New York Associated Banks Tana Gyene Demostocolei

Higher Courts Record and Appellate Briefs Summary

Delaware court docket lists Muncie Pulp Company versus Frank K. Davis and Cleveland Cincinnati Chicago and St Louis Railway versus James H. Miles. Marion and Noble counties show appellate briefs and citations in the Supreme Court minutes for Strayer et al. v Taylor et al. via accompanying authorities.

Muncie Pulp Company Frank K. Davis Delaware C. C Cleveland Cincinnati, Chicago & St. Louis Railway Company James H. Miles Marion C. Appellent Supreme Court John N. Strayer Henry L. Taylor Nobile C. C. Appellants

Promissory Notes and Legal Deductions in U S Legal Reports

A survey of recent law reports notes that negotiability can survive if an act is criminal by statute, as a note for medical services to an unlicensed practitioner may be enforced by a bona fide purchaser. Massachusetts protects information rights in compiled public improvement data. Delayed telegrams lack damages for funeral-related mental anguish without probable notice. A husband may defend custody and kill to prevent harm if necessary. Illinois holds a recovering creditor liable for rent under receivership. Texas rules that illegal arrest prevents bribery conviction and further escape.

Nebraska Supreme Court of Ne’ Ka Northwestern Rep Supreme Judicial Court of Massachusetts Northeastern Rep Mass Southwestern Rep Texas Williams Southwestern Davidson Areata Senate Eiver Supreme Court of Illinois Link Beltchinery Company Hughes Court of Criminal Appeals of Texas

Ardent Youth Rendezvous Ends in Fatality

A conversation at a rendezvous reveals Clara Warner’s pale appearance and romantic rivalries. A dramatic interruption follows as a man rushes forward and fatally shoots both perpetrators, concluding the scene with a grim, abrupt ending.

Toledo Blade A. Y Clara Warner

Grain markets rise on strong wheat as August trade closes higher

Chicago wheat leads with September futures up about 0.41 cents, corn gains around 0.25 to 0.35 cents, and provisions rise modestly amid reports of wheat blight in South Dakota and cool weather for corn. Contracts show a broad advance across grains with active buying from St. Louis and the Northwest as prices finish near session highs.

Chicago South Dakota Northwest Ts'uc St. Louis Minneapolis Duluth Stige Northwestern Via Steins Eek

Grain and commodity prices at New York export market note

New York on August 1 reports mixed grain futures and cash prices. Wheat receipts total 62,030 bushels with No 2 red at 8 cents and No 1 northern Duluth at 9 1/2. Rye steady, barley quiet, cornmeal steady, oats steady, with several price ranges for flour orders and exports cited.

Western New York Northern Duluth Manitoba Siosen SM Gsetec. Co Reptasaber Sec F. O. B Pacific Coast Galveston California Texas India Japan Naminal New Orleans Rio Sige Cordova

Trade in General Quotations at St Louis and Nearby Markets

Trade in general quotations shows flour in fair demand with prices for red winter patents and extra fancy brands, corn, oats, and wheat values varying by delivery months. Prices quoted include September and December dates, with notes on grain firmness and elevator/track levels, reflecting a mixed market across St Louis Baltimore Cincinnati and other hubs.

Nex Louis Dogg Timothy Piri

Record Clearings Rise as Banks Boost Indy Activity

Indianapolis banks reported record July clearings of 2 304 93, greatly surpassing July prior totals and placing June as the previous peak. The Indianapolis Clearing-house Association notes gains extend into the first half of the year with substantial year over year increases, while stock exchange calls shift to a three weekly schedule. Secretary Shaw’s bond refunding plan allows exchange of 3 and 4 percent bonds for twos with a $100 000 limit, signaling continued government debt refunding efforts amid a strong money market in Chicago banks.

Indianapolis Indianapolis Clearing-house Association Eee Bowe Isis Stock Exchange Exc Washington State Treasury Department Shaw Chicago

Also Mentioned on This Page

Lathrop & Haueisen 305 Law Building Save Offer Union Traction Prefer Home Brewing Co Security Trust Co American National Bank New Telephone Company Indianapolis Fire Insurancempany Indianapolis Street Railway Newton Todd Fletcher Bank Union Traction Indiana National Bank American National Bank Stock Security Trust Co New Telephone Co New L. D. Telephone Co Albert R. Thompson & CO A. R. Thompson W. G. Comly Lombard Board of Trade New Tel A. Fletcher & CO East Washington Street Poiceman John Tarrington New Old Black Co N. Williams & CO Bankers East Market St Winchel, Hawkins &Co Live Stock Commission Union Stock Yards Lower Re Yesterner Kansas City Journal Wall Street Atchison Baltimore Colorado Southern Delaware & Hudson Cc Del Lack, & West Denver & Rio Grande & R. G Great Northern Hockingley Hocking Wall Illinois Central Oh Town Iowa Central Louisville & NJ Manhattan Street Railway Kan Missouri Pacific Nat. R. R. O Norfolk Western Ontario & W St. L St Louis Southwestern Mu L. Southwest St. Paul Southern Railway Texas & Pac Toledo St. Sore T Pacific Anne United State London Stock Market Wabassesecrass Wheeling & & Lake Es Wisconsin Central Central Adams O* O Sone Wells-Fargo Am. c Wwes Am F. Aes R. Smelt Ar Am Eens Lts Anaconda M. Sugar Ae Ing. Tees Asee Brooklyn Reni Id Col Hock Adl Ws Consolidated Gena General Electric O Pacific Mail Pullman Palace Peeve Steel U. Steel U. S. Steel P Western Union Swift & Co Treasury Statement Eekly Bank Appellate Court Inutes H. N Kaneas City Ang ONO Louisville Sage Sakainen Bia Ithy Alsike Weasley Milwauker Bates Dull Philadelphia Choice New Rome Missouri Kansas ST. Lous Ohio Good Country Boston Oil City Tvants Lima L—Petroleum Bavannah Wilmington Rosin As Montpelier Sorte Lima South Lima Indeana Charleston Hosin Metals New Fork Ave Goenne Cincinnati Springs Wool ST. EN The
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