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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

Dec 04, 1903

Page

2

Hog Prices Rise Sharply as Hog Market Strengthens

At Union Stockyards Indianapolis strong hog market with receipts around 500 and 4000 shipments, prices up 5 to 25 cents from yesterday. Opening brisk competition among packers and shippers drove most sales about one cent higher, with many hogs selling at the day's top levels and the close stronger than the opening.

Union Stockyards Indianapolis Yeaterday Esterday Paris Inatte Sta

Local Financial Gossip: Bankers and Brokers Talk

A local banker cites J B Forgan of First National Bank of Chicago saying money will be easier after year start, but only for New York and Chicago tied to stock exchange collateral. Reports note bullish sentiment in Republic Iron and Steel Amalgamated Copper and other issues with trading by large operators shaping public interest.

Atchison Baltimore & Atchison Central of New Jersey Chicago & Alton M. i Northwestern Delaware Lack. & West D. Denver & Fi & R. G Erie Great Northern Hocking Valley Illinois Town Central Iowa Central Kansas City Southern St. Paul Southern Railway St. L. & Wes A Union Wheelin & Lake Erie Wisconsi Wis Central Pref Pdeones Pas Express Companies Adams Ates United States Welle-Fargo Eoee R. Wis Hocking General Electric Pa Inter Paper International Inter Pym National Blatt Ms Pacific Mail Republic Steel J. B. Forgan First National Bank of Chicago Chicago New York Indianapolis Eany Uke Republic Iron and Steel Amalgamated Copper Vances Albert R. Thompson & Co A. W. Thomson Republic Iron and Steel Company Levey Bros. & Co Bankers Bank On Ae American Bankers’ Committee Congress Wwe Meyer & Kiser Wall-street Republic Iron and Steel United States Steel Shorts Norfolk & Western Porterfield & Co Gould- Pennsylvania Gould Securities Missouri Pacific Texas Wabash Sugar Jon Pressed Albert R. Thomperon & Co New York Stock Exchange New York Cotton Exchange New York Produce Exchange New York Coffee Exchange Chicago Board of Trade Chicago Stock Exchange

Private Advice On Condition Of Stocks

New York December 3 stock market opened steady and rose through the day. Trunk lines grangers tractions and industrials led gains as bears covered and Pennsylvanian shares surged. Broad-based strength across railroads utilities and steel supported a buoyant close with robust buying by speculative traders.

A. W. Thomson Indianapolis New York Bank of England London Pennsylvania Meyer & Kiser Shorts New York Central Itmore & Chile Atchison, Rock Island St. Paul Union Pacific Southern Pacific Republic Iron and Steel People’s Gas Missouri Pacific Steel Ted Coper

Rates on Loans and Exchange in Indianapolis Market

Commercial loans range from 4 to 6 percent with time loans at 5 to 6 percent. Clearing balances reported at 1,277,269.49 and 449,618.76. Clearinghouse activity shows actual bankers' exchange with demand rates around 4.83 to 4.94 and commercial bills near 4.79 percent.

Indianapolis Merfee Tering Exchange

Treasury and international money rates report

London quotes discounted rates and exchange figures for Paris and Berlin. New York silver and Mexican dollar prices noted. Washington reports a gold reserve balance of 150 million dollars in the general fund redemption division.

London Paris Berlin New York Washington

Coffee futures surge as New York market opens firm

The New York coffee futures market opened firm with an advance of 5 to 15 points amid small receipts and crop concerns. Activity stayed high through the morning with about 50,000 bags traded on the call and broad buying from numerous sources as bears reportedly turned bullish.

New York

Record verdict awards largest loss of life claim in state

In Los Angeles a federal jury ruled against the Southern Pacific Railroad Company in the Mrs. Cora Vernon suit for damages over the death of her husband from a wreck near Martinez on December 20, 1901. The verdict awards sixty thousand dollars to Mrs. Vernon.

Los Angeles Cal United States District Court Southern Pacific Railroad Company Cora Vernon Martinez Vernon

Grain Freight Rise Dampens New Corn Sales Says Dealer

Three days after the freight rate increase on grain shipments to the seaboard, traders report a sharp drop in new corn sales. Ed ward Bassett notes dealers can buy only about 25 percent as much new corn as before, with prices at the sea board affected by the 2 cent per pound rise. Receipts at Baltimore this year lag far behind last year, and traders predict mixed moves as eastern shippers adjust prices.

Seaboard Edward W. Bassett Nce Bassett Baltimore

Wheat Market Surges in Northwestern Openings

Chicago reports a sharp advance in May wheat as active short covering and bullish domestic news lift prices. Corn and oats follow with gains amid light receipts and strong cash demand. hog products rise on firm trends.

Brokers Views on the Wheat and Corn Markets

Indianapolis firm Meyer & Kiser reports wheat prices strong at open as long holders drive the session. Northwestern output record noted by Northwestern Miller with 668,965 barrels flour, over 3,000,000 bushels wheat. Corn active and higher, cash market up a penny, demand from glucose sector absorbed supplies. Jones Thompson & Co. notes advance in Chicago wheat futures with December gains and Northwest flour factor shaping the market.

Chicago Shorts Northwest Minneapolis Duluth May Northwestern Northwestern Miller Albert R. Thompson & Co Indianapolis New York Armour Counselman Bryant and Alton Portefield & Co

Wheat Influenced by the West Leads the Market in Strength

New York market data shows flour receipts 22 507 bris exports 17 473 bris sales 15 000 packages. Wheat receipts 164 775 bu exports 7 908 bu futures 72 000 bu. Spot firm No 2 red 89 9 0 b afloat. Options active led by December shorts. market closed 4 1 4 c higher. Other grains and commodities priced with mixed futures and spot quotes.

New York Cf. O. B Duluth Sige Sligc Rio Cordova HEINE

Wheat Markets Across Cities With Mixed Prices

Dec 3 report shows wheat advancing in St Louis and Duluth while prices slip in Cincinnati and Toledo. No. 2 red and hard futures quoted. flour, lard, and butter steady across multiple markets including New York, Philadelphia, Chicago, and Milwaukee. Cotton and dry goods markets exhibit unrest as raw cotton prices shift. overall trading tone cautious with expected advances in some segments.

ST. Louis Prairie Trangas City May Arin Toledo Alsuke Timothy Duluth Cincinnati Minneapolis Syke Milwaukee York Pennsylvania Philadelphia Southern New York Chicago Kansas City Missouri Kansas

Stock quotations from the local exchange yesterday

Ten shares of Columbia National Bank stock sold on the Stock Exchange yesterday at WT. The bid dropped to 105 while the ask stood at 107. Ten shares of Union Traction preferred stock transferred at 7. Followed by quotations for Indiana Hotel, Indiana Manufact, New Telephone long distance, Union Traction pfd, Van Camp Hardware pld, and related bonds from Indianapolis to Martinsville.

Columbia National Bank Stock Exchange Union Traction Fedral Union Surety Ccess Home Brewing Company Indiana Hotel Company Indiana Manufact Union Trust Company van Camp Hardware Company Wasson Lanapolis Indianapolis & Martinsville R. T. Te Souther Kokomo Railway & Merchants’ Heat & New Telephone First

Strong Cotton Market Gains on January Options

New York December 1 strong cotton session with the January option leading the advance amid doubts about total supply. With only 10,000,080 bales in sight, mills worldwide appear ready to buy at ruling prices as continental mills seek cotton for expected demand unresolved by potential factory closings.

Albert R. Thompson & Co New York Continental

Hillsdale Pottery Works Destroyed by Fire

Hillsdale Michigan on December 3 a large pottery works was destroyed by fire causing an estimated loss of 4000 dollars. The blaze left about a hundred workers unemployed and dealt a severe blow to the local economy.

Hillsdale, Mich Hilsdale Hillsdale

Also Mentioned on This Page

Indianapolis Street Union Traction of Indiana Lathrop & Haueisenecs Law Building Indiana Trust Building Handbook On Indianapolis Securities Money Market Colorado Canadian Pacific Gould Western Line Lipa Erea Iran New Orleans Com Menteys Anitatie 8 West N. W. Harris & Co Ings Treasury Statement Zea Eas Noyes Zra W. H. Bartlett Mississippi Sonewe Board of Trade W. N. Harding Parker City Princeton Fields Randolph Oil, Gas and Refining CO Law Ind Orem UCINI Otis Oil City Lima Charleston Savannah Séc. Rosin Wilmington Montpelier Lsc Boston Springs NATI Ave Turkeys Sc. Arbene Thos. C. Day Lew Building NEW’ Ton Todd Fletcher Bank A.R. Thompson &Company A. Fletcher & C East Washington Street William A. Hughes Mii Wool Oe Arms Boelter Columbia National Corbia‘ National Bank Io Union ‘Traction Pfd Vance Tion Springfield George Morgan Christ Church War
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