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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Aug 16, 1903
Page
11
Many people with a small surplus waste it or earn nothing from lack of experience. A trust company promises to invest even small sums, gathering deposits from Province readers and turning them into investments that pay proportionally. Consultation offered, with savings options from $100 and up, free.
The article advises using aspirated chalk with minimal additives to keep teeth white and strong. It warns against expensive powders full of substances to create foam or color and urges readers to make their own plain chalk mix to save money and maintain dental health.
A father offers his son a trial path into railroading after the young man confesses no real career plan. An Atlanta railroad official tests the recruit, noting the hard work and practical skill needed. The boy accepts a bottom‑rank start, impressing the official with quick judgment and willingness to learn the business.
Customs officials examine artificial rubies and the duty question. A board of general appraisers in New York assesses whether reconstructed rubies qualify as precious stones under tariff rules. The artificial gems, made from chrome and aluminum oxides, resemble natural rubies in material and use but show concentric layers under scrutiny, complicating detection. The case centers on a 10 percent ad valorem duty versus 20 percent, with testimony describing the manufacturing process and the legal fate of these imitations.
W YORK Aug 15 Wall street focuses on the Standard Oil party and its control of banks life insurers and major stock interests. The Vanderlip speech preceded a drastic stock slump while Rockefeller and Morgan faces concern over copper and railroad holdings. The piece details alleged acquisitions through Amalgamated Copper and Greene mines and claims Standard Oil influence reaches National Bank of Commerce and Kuhn Loeb Co with Morgan fading in power as Rockefeller rises.
Philadelphia recalls Martha Burk known as Calamity Jane, a famed 1870s scout with General Custer and a frontier myth. The feature chronicles her youth, daring acts in Fort Russell and the Big Horn country, her disguise in men’s clothes, brave dispatches, and a tragic end in a Montana poorhouse.
A Times-Democrat feature explores why shirking work backfires, arguing hard effort yields mental satisfaction and avoids wasted energy. It contrasts honest workers with beggars and “professionals,” noting shirking increases total effort and costs, while duty brings reward.
New York stock action favored professional traders as many members left for a week end holiday. London prices fell to a London level before a late rally recovered most losses amid gains in Amalgamated Copper. A broad market rebound followed a prior slide, with strong buying by large investors and a decline in collateral pressure aiding the recovery.
Chicago stocks show mixed activity with call money firming in New York and gains in London uneven. Market notes include profits taking on bank stock in New York and a late rush to sell, with Union Pacific and Atchison among names mentioned and treasury balances showing substantial available funds.
Private wires report a tentative New York stock day with mixed activity and a bank statement that unsettled traders. Early gains faded as St Paul Atchison Union Pacific and Rock Island fell, while L and N showed strength and Amalgamated Copper waned. Steel and Erie remained firm as C F I advanced.
Porterfield Co reports that last week's market records defy fiction with another string of failures and disasters for the security list. Bears and bulls alike confirm the serious truth of the week’s actual happenings, contrasting with prior forecasts and headlines.
The New York clearing banks show a lower weekly average with loans and deposits down while cash reserves decline. The week ends with reserve decreases totaling about 2.25 million and a drop in deposits, amid large security purchases and liquidation pressures across mercantile lending and cash flows.
A Philadelphia paper highlights widespread tipping discontent among workers across trades. The piece argues tipping acts as an unfair burden on labor, fueling calls for action and a strike against tipping practices amid varied motives and social pressures.
A London Daily News tale recounts Dr Gillespie, a church official, speaking with a bottle bound ape named Gay. The exchange shows odd humor as questions about family lead to a peculiar reply about a brother kept in a bottle at Glasea College.
Assignee Augie Heary of KB Ketcham, as part of the stock firm Hurlbutt Foh & Co., announced on Aug 5 that approximate assets to banks total 28.48 dollars in collateral, with liabilities about 170.0 dollars. Exchange members hold a 1.1 percent stake as the meeting notes indicate unclear asset details.
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