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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Aug 20, 1901
Page
10
A M Fletcher banker conducts general banking services. Ives deposits subject to draft. Dividends collected and remitted. Acts as fiscal agent for corporations and negotiates security issues for railroads and other companies. Deals in government bonds and other investment securities. Accounts of banks, bankers, corporations and individuals.
A damaged listing from the Indianapolis market scene shows scattered references to gas and union traction stocks, insurance shares, stockyard commissions, and eastern brokers like Newton Tomy of New York and Chicago. The text appears as a partial OCR fragment with unclear dates and complete entities.
A firm announces its specialty in purchasing high grade commercial paper and negotiating mercantile loans at low rates. Correspondence is solicited from potential clients and partners.
In Chicago the Board of Trade saw inactivity as lower cables pulled September wheat down while provisions rose. Heavy Northwest receipts and seaboard clearances eased early gains, with later recovery as visible supply fell. Wheat and flour clearances matched 1,551,000 bushels. receipts showed 1,424,000 bushels against 1,731,000 last year.
The New York Produce Exchange reports the visible supply of grain in store and afloat on Aug 17: Wheat 9 770 40 bu down 1 449 000. corn 12 783 000 bu down 515 000. oats 5 447 00 bu up 1 002 00. rye 95 000 bu up 213 000. barley 252 000 bu down 68 000.
In New York refined sugar headlines show receipts and exports fluctuating with dull demand. Wheat and corn futures begin weak on cables and rain, then rally as visible supply tightens. Prices shift with foreign selling and European data, while spot grain remains steady at select elevators.
September and September trade data indicate a steady to modest decline in ec net figures with oats exports steady and similar figures for lard and sugar. Prices for refined products firm, but spot demand dull. Various sugar and molasses grades quoted with scattered activity and minor shifts in prices across white and track options.
Aug 19 reports show fresh winter patents at 3.00 to 4.65, Timothy seed scarce, corn meal 3.10, pork 16.75, lard 7 1 2 to 8 1 2, hay 10.12 to 16. Timothy to 12.60, whiskey 1.20, flour and wheat movements noted across Baltimore Louisville and Chicago. Shipments of flour and grain, and Liverpool and New York price tones reflect broad market activity.
New York stock dealings were light and broad generalizations avoided but prices edged higher from last week’s close. Steel stocks led with gains tied to rising strike activity and revived mill operation, while Norfolk & Western and Chicago & Eastern Illinois posted notable advances. Coal export data boosted coal-related shares as market sentiment improved on stronger money outlook and modest bond activity.
New York market cursory report shows strength after a brief opening decline with leaders St Paul Atchison Norfolk & Western and C L & L advancing. Insiders bid up Norfolk and C O Norfolk & Western clues, while steel stocks stay firm amid favorable coal pool talk and suspected short covering. closing near day’s highs with limited supply and bullish sentiment for tomorrow.
Indicating mixed activity prices and figures from Indianapolis to Paris, markets show 42 4% commercial paper and 5 6% time loans in Indianapolis, varying money rates in New York and London, and notable clearings and balances across Chicago Boston Philadelphia St Louis Baltimore Cincinnati. Sterling and Paris exchange rates shift. London silver and Mexican dollars quoted amid a broad backdrop of interbank rates and bond figures.
Washington reports Monday the general fund cash balance excluding the $150 million gold reserve in the division of redemption. The total cash balance is $178,176,280 with a separate amount of $2,777,021 referenced in the records.
In editorials a tiny patent sparked a wiregrass industry that transformed a useless marsh grass into a wide range of furniture and household items. The fiber requires no chemical treatment, and finished pieces retain the grass’s natural form.
A partial ledger lists certificates issued to many Indiana residents including John P. Garrison Tennyson Marion Rossville Birt Muncie and others with sums ranging from 1 to 17 dollars. Names appear with hometowns Marion Indianapolis Evansville and more under War with Spain and Original Military Home headings.
Cattle receipts small at Indianapolis markets with steady to strong prices and robust demand for stockers. Hog sales steady to firm after opening quiet, with good heavy hogs and a wide range of weights traded. sheep and lambs quiet but steady with lambs around four dollars. Interstate Yards at Indianapolis show steady trade for choice cattle with strong demand for butcher stock. hogs open higher and clear quickly, while sheep and lambs remain steady with light offerings.
A narrator recalls a long lived pigeon loved for its devotion and quirks. The bird shared nesting duties, fed young from its own crop, and kept a harem of mates, returning after brief absences. A pet pigeon named Birdie displays affection, jealousy, and humorous habits until it is killed by a cat.
Seven of fourteen men injured in a blast furnace incident at the National Steel Company plant in Youngstown Ohio are dead. Listed among the deceased are Richard Richards John Cringe Ike Jorinka Andy Kahaut Mike Q Joseph Hugos and George Mainik. Two injured are very serious. The accident was caused by mishandling the hot metal by the facility’s handling system.
Early today near Bridgeport a picnic wagon with ten people rolled off a bank into a creek after a driver misjudged the road. Two passengers Henry Culp and his sister Minute suffered serious injuries while the rest escaped unharmed.
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