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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Aug 30, 1902
Page
10
In Indianapolis the Union Stockyards report overall weak demand with cattle feeders dominating arrivals. Fat steer activity remains light, prices irregular and generally lower, while stockers and feeding cattle show tentative demand but insufficient to clear supply.
Interstate Stockyards Indianapolis reports weak demand for common cattle with buyers seeking good butcher stock at steady to lower prices. Calves and hogs mixed with heavy declines noted in some markets though prime stocks held at steady levels. Chicago Kansas City and East markets show varied receipts and prices, with steers and hogs fluctuating and lambs soft.
Four Japanese visitors and two women and two men observed Boston Common on a Sunday afternoon. A crowd yelled There go the Chinese and surged toward the group. Hats torn gowns ripped as the Japs fled to an elevated car, saved by a swift American. One lady lost a sandal, another’s hair was pulled. Boston laments lack of police and fears mockery from New York and Philadelphia.
An editorial comment questions future water leakage from trusts and wonders if government can prevent martial panics, reflecting concern over financial safeguards and public order amidst uncertain times. The piece implies scrutiny of policy mechanisms and national resilience.
New York August 2 revival of confidence in today's stock market despite a higher call-loan rate and a forecast of a bank reserve cut. News of a Treasury note expansion plan and previous bond redemptions influenced sentiment. Market activity showed uneven changes with Atchison, Canadian Pacific, and Union Pacific active. Bond market firm. total sales par value $3,150,000.
Indianapolis reports commercial paper at 4 percent and time loans at 5 ¾ percent with clearings of 1 381 495.58. New York shows call money at 4 6 per cent, sterling and mercantile paper quoted, and extensive clearing totals. Chicago posted exchange at 4 5 for sixty days, with New York exchange at a 10% discount. Boston and Philadelphia feature notable clearing and money figures. London and Paris display cross currency rates, while New York bar silver and Mexican dollars are noted. overall, money markets show varied short term rates and international exchange activity.
Washington reports Friday the treasury balances in the general fund excluding the $150,000,000 gold reserve in the division of redemption. Available cash balance stands at $207,461,131 while gold holdings total $114,490,372.
Instruments filed for record in the recorder's office for 24 hours ending 5 p m Aug 25 1902 show transfers and additions across several Indianapolis areas. Notable entries include Edward E Morgan to Enos A Almond Lot 2 in Robbins North Indianapolis add near Udell Street, and Elizabeth H Thompson to Charles A Brown Lot 3 in Graham sub of Lots 23 and MM Elk Hubbard et al southeast add near Linden Street. Total listed consideration 324500.00 with church and school additions noted for Brookside Jupiter and other structures.
Listed names receive pensions under the National Military Home and related programs. Indivi duals include John FE Shanks Marion war with Spain veterans Solomon Shoemaker Poneto Jacob Sutler Marion John F Evans Lafayette David R Downton Burkin Thomas C Danks Patoka Fannie Aan Lebanon Stephen Burlingame Ian Widows and dependents Sarah Keller South Bend Nancy Conrad Corydon Libbie Mannington Sarah Bilyen Cam Sarah Spears Ethel Matilda Danville.
An Eastern woman writer argues editors should limit meals, but the table temptations remain strong as delicacies abound, prepared by the most skillful hands, challenging self restraint.
Frost fears and cool Northwest weather push futures higher across wheat corn and oats as holders resist selling. September wheat and corn rise while oats edge up. provisions rally with hogs and lard offsetting losses. Receipts and export activity noted in Chicago and other grain centers with mixed cash quotes and steady to firm prices.
Butter and eggs prices move across major markets New York Philadelphia Baltimore Chicago Kansas City St Louis Louisville Cincinnati with receipts in thousands and varying grades from extra creamery to standard. Cheese prices firm to steady across full creams and aged varieties.
Reports from Savannah Charleston New York and Boston show turpentine steady at 4 1 2 to 4 1 2 c and rosin around 1 10 to 1 15 per barrel with varied crudes and tar prices. Wool cotton and poultry market notes from Boston New York and other cities provide receipts stocks and price ranges.
New York reports a firmer grain day with active wheat and sharply higher corn positions. Sept wheat closes around 7 1/4 to 7 3/4 cents. December near 7 1/2 to 7 3/4. September corn up as shorts cover, other months higher. oats steady to up with demand from shorts.
Trade news from St Louis reports flour dullness with red winter oats and corn meal steady to higher. No. 2 red and hard wheats show scattered gains and September terms. pork and lard edge up or down. Receipts and shipments of wheat, corn, and oats list substantial movement. Baltimore market notes flour dullness with unchanged prices and sizable inbound and outbound grain volumes.
New York on August 2 reports demand for cotton goods improves to the weekly average with steady tone. Print cloths wide makes in fair request. Linens firm with increased turnover. Durlaps rising amid moderate demand. St. Louis August 24 Metals: lead firm, sterling at $5.25 per unit.
The League of American Municipalities adjourned at Grand Rapids with J Edgar Smith of Charleston elected president Asbury Dixon hanged in Snow Hill Md for murder Officers named for the American Bar Association in Saratoga Francis Hawle secretary John Hinkley treasurer Wadham and Gordon named in New York It sends by steamer to Buenos Aires to pay 100000 in US gold Breaks at Huntington Tum Be Company in Central City W Va caused idle plant and job suspensions Notto nans Postmasters Association closed in Milwaukee with a paper by Henry A Castle Postal System discussed Fire Chief Croker dispute continues Bethlehem Steel mortgage filed for 1000000 with Colonial Trust Union Pacific appeals Supreme Court over right of way for Postal Telegraph line National Farmers Congress set for Macon Ga Oct 7 to 14 Orion Warren resigns body found
General Offices in Franklin Building publish timetables for Greenfield Knightstown and intermediate stations. Passenger cars depart from Georgia and Meridian streets from 7 34 a m hourly until 7 57 p m with specific early and late runs. Express cars depart from Georgia and Meridian streets at 5 07 a m 7 11 a m 11 57 a m 3 mm 7 57 p m. Arrivals and departures at Georgia Meridian and Pennsylvania Washington streets noted with last cars around 1 pm, and combination service to Saeneee at 2 30 am and 5 30 pm.
Indiansaplis and Martinsville rapid transit COO announces Mooresville departures via Kentucky avenue and street at 044 a m 6 90 a m and every hour to 6 p m a car fare 23 1 car leaves Mooresville on the hour through 6 p m thereafter to connect with Sunday rail excursions at Union Station in Indianapolis.
New York Commercial notes the phrase Only one bid at Oyster Bay signals a tight field. The wire says Wilkesbarre Paterson and Lincoln will endure some humiliation as other cities secure dates, reflecting a humorous, self-deprecating tone from the era.
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