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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Aug 31, 1901
Page
10
The piece lists wagon market quotes and wholesale prices across a wide range of commodities. It covers hay, grain, butter, cheese, wool, hides, tallow, candies, nuts, tea, coffee, sugars, spices, beans, molasses, oils, canned goods, flour, and dry goods with price details for various grades and varieties. Names of markets, dealers, and standard items populate the OCR with extensive numeric pricing.
Local market reports show brisk fruit demand as high quality peaches pears plums and apples sell fast at easy prices. Watermelons cantaloupes and citrus bring strong volume while sugar trades move freely. grain markets show easy tones with wheat prices steadier than corn.
The New York stock market closed firm amid renewed demand from bears, with notable purchase of Erie stock by a major commission house and continued gains in Union Pacific, St Louis & San Francisco, and Canadian Pacific. Treasury outflows and a quiet call loan market tempered optimism as analysts weighed upcoming crop financing needs and currency movements across world markets.
Commercial paper and money lending rates mixed across U S cities with balances and clearings reported. Currency exchange weak in New York while London and Paris show rates on bills and rentes. Treasury balances reveal available cash at $178,147,312 with gold reserve at $107,538,096.
In New York the financial scene shows a volatile session as traders respond to mixed signals. The press notes that demand remained tentative with several stocks edging higher while others retreated, leaving overall sentiment unsettled for the day.
In a sluggish trading session prices edged up while volume stayed thin. London buyers fueled gains in Erie, Southern Pacific, St Paul and Atchison as Amalgamated Copper rose on Boston buying amid doubts on dividend increase. Smelter rallied after short covering. Denver issues advanced. Reading and Erie under pressure. Bank operations showed losses while sterling weakens. gold import prospects improve.
The report shows a total of 87,568,680 for Indianapolis this week, reflecting a 31.2 percent gain. The figure emphasizes substantial growth in the city’s performance, with the metric cited as a key indicator of overall economic activity.
Yesterday’s recorder list shows multiple deeds filed for Aug 30 1901 with total consideration around 26052.00 dollars. Properties include Lot 86 in Irvington addition, various parcels in Owen Park Grow and Temple area, and other lots in Brouse Co Robinson & Vorhece subs along Olive Street to New York Street. Additional items note improvements and repairs on several residences including 879 W Michigan Street and 1339 Laurel Street plus costs for frame house additions and other works.
In New Ulm Minnesota on August 2 authorities report a third nighttime attempt to wreck trains on the Minneapolis and St. Louis line south of the city. A northbound passenger train struck a pile of ties between New Ulm and Searles, with four more piles found by firemen ahead of the locomotive within a mile.
Chicago prices rose with December wheat up 4 1 4 cents and December corn up 6 1 2 cents. Oats gained 1 2 cent while January pork and lard futures also advanced. Argentine shipments and stronger cables fueled buying, though holiday hedging suppressed large new contracts.
Market reporters note firm and active trading in flour and grain. Highlights include solid bids for winter patents and Minnesota patent flour, a bullish tilt in wheat and corn driven by seaborne demand and Argentine damage reports, with September to December futures showing modest gains.
Market notes from Louisville Baltimore Kansas City Toledo Cincinnati and Duluth show mixed grain and commodity quotes. Wheat oats corn rye clover and potatoes listed with bid and ask ranges, with shipping and storage notes and regional price variations.
New York and other cities report steady butter receipts and varied cheese prices. Daily quotes cover Western creameries, Pennsylvania and Maryland markets, with emphasis on creamery and fancy grades and regional firming or unchanged tones.
Market notes from St Louis and other centers show flour prices steady with dull demand. Red winter patents quoted around 400 dollars per sack with extra fancy and straight grades near 6.03 to 6.15. Corn meal remains steady with quiet trading. miscellaneous seeds and grains noted with assorted future months and cash prices.
Two men, Rien and Jordan, were involved in a drunken quarrel aboard a boat near Leon, West Vac, during the Pleasant fair. Rien sustained a stab wound described as flat to tenth. both men were locked up for questioning.
Saratoga reports describe a Presbyterian Geneva assembly session with three sections concluding in the Church of the Covenant in Washington D C to discuss revision proposals during December.
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