Liquidation weighs on grain amid strong selling pressure
Chicago December 12 weakness spread through all grains as May wheat and oats slipped, provisions fell, and cash markets showed light demand. A heavy liquidation rout drove prices lower with May wheat down and May corn off, while receipts and store shipments expanded despite light country buying.
New York Wheat and Corn Markets End Mixed Amid Bears’ Pressure
December trading sees quiet exports and firm opening in options before broad weakness. Wheat and corn futures slide on bear sentiment from crop data and lax Liverpool cables, with nearby contracts closing down while spot grain remains weak. Major grain receipts show small North West arrivals as oats, rye, and rye flour hold steady to weak with price notes across elevator and afloat markets. Lard, pork, and tallow trade at lower to steady levels amid mixed animal product demand. Cotton seed oil and sugar futures hold firm amid steady refining, with broad commodity complex showing tepid activity.
MENTIONED IN THIS ARTICLE
New York
Northern
Duluth
Hard
Liverpool
Bears
Sige
Rike
CGI
Rio
Cordova
ST. Tune
Sac
Revelpte
Baltimore
Southern
New, Co
Ted
Trade in General Market Notes from St Louis and Baltimore
Price quotations detail flour, bran, meal, and corn products with mixed outputs. Cedar and wheat futures show quiet to steady trends while bacon and lard move down. Baltimore receipts and exports are listed alongside grain prices for corn, oats, rye, and hay with ongoing market firmness across several commodities.
Wheat and grain markets in multiple cities weathered by reports
Kansas City and Duluth show mixed wheat cash and futures with receipts and shipments details for December. Liverpool and New York exchanges log steady to firm butter cheese and grain prices, with varied oats rye corn and barley values. Local poultry and livestock quotes mixed, while petroleum and rosin markets show tightening demand.
Real estate listings filed in Marion County Recorder
Instruments filed for record in Marion County Indiana for 24 hours ending 5 pm Dec 12 1901 per Indiana Title Guaranty and Loan Co list numerous transfers of lots in Woodlawn Addison and other wards with prices from 1 200 to 3 608 and total transfers 33 353 plus small improvements including a six room cottage at Twenty seventh and Graceland and a frame addition at Twenty eighth near nd avenue with prices 1100 and 250.
MENTIONED IN THIS ARTICLE
Recorder’s
Marion County
Indiana
Indiana Title Guaranty and Loan Company
East Market Street
Hoth
W. Stout
Arthur Arnold
Stout
New York St
Jones
Harry H. Karrison
Ruddell & Vinton's Park
Ilace
Senate
Sith St
Margaret BH. Venn
St Clairefor Estate Co
Brown
Spann i Woodlawn
Hoyt
Edward C. Dunmeyer
Mary R. Greenleaf
Greenleaf
Brightwood
30Th St
Joshua Zimmerman
Mary Greenleaf
C. A. Greenleaf
Rose L. Arnold
Maggie J. Okey
Stevens
Outlet
Adianapolis
New Jersey
Boyer
Bulsterbaum
BE. T, Etcher
Brookside
Massachusetts
Jupiter St
Harrison & Co
E. T. Fletcher
Brookeide
Sachhusetts
Kerbox
Mary R. Owens
Uy Baker's
Vandestremr
Freiterion
Selina V Naley
Grace Baker's
Wid
George Wine
Ta Clemens
Spann & Co
Woodlawn
Lexington Av
Spruce St
Geo
Megten
W. Butterworth
Sophia Clemens
Bruce Baker
Yandes
Chas. Jackson Et al
Grace Ligner
W. J
WW. Selvage
Twenty-seventh Street
Graceland Avenue
Ines
Hoss
Twenty-eighth Street
Nd Avenue
Youngest-age Congress claim challenged by records
The Boston Herald notes Congressman Feely of Illinois was not the youngest as previously claimed. It recalls John Young Brown from Kentucky elected at twenty four to the Thirty-sixth Congress but waited a year to meet the constitutional age requirement.
MENTIONED IN THIS ARTICLE
Boston Herald
Congressman Feely
Illinois
John Young Brown
Kentucky
Call Rate Still Rising in Market Slide With Gold Drain
Speculative liquidation persisted in the New York stock market as the call loan rate spiked to 12 percent. Short selling by bears amplified weakness before a late rally with banks bidding at high rates, while money pressures and gold outflows continued to drain liquidity and pressure prices across rails and industrials.
MENTIONED IN THIS ARTICLE
New York
Bears
Brazil
New Orleans
New York Central
Vanderbilt Roads
Ca Southern
Northwestern
Omaha
Pennsylvania
Norfolk & Western
Hudson River
Pocahontas Coal Company
Manhattan
Colorado
General Electric
American Linseed
Tennessee Coal
Louisville
Amalgamated Copper
United States
Atchison
Baltimore & Ohio
Canadian Pacific
Canadas
Chi
St. L
Colorado Southern Law
Col. South
Delaware & Hudson
Denver & Rio Grande
Erie
Great Northern
Hocking Valiey
Hocking Valley
Illinois Central
Iowa
Northern Peeife
Ontario & Western
Reading
St. Louis & San Fran
St. B
Wheeling & Lake Erle
Wisconsin Central Wis
Central
Express Companies
Llaneous
Amal
Faun
Smelt
Contining Co
Inter
Abe Inter
Laclede
National Bison
Pacific Mall
Republic Sten
Republic Steel Sugar Seabee Tenn
Ane Aus Union
Wales
Local Banking and Street Railway Notes and Fares
A fragmented list of financial institutions and street railway entities appears, naming United States groups with fours and fives, various Indiana banks and trusts, and Belt Railway securities. The text references Indianapol is Street Railway and related companies with scattered abbreviations and incomplete phrases.
MENTIONED IN THIS ARTICLE
Indianapolis
Indpis
Honda
Citizens
Belt Railway
Rates on Loans and Exchange Clearings and Balances
Indianapolis reports commercial paper at 4 4 1 2 percent and time loans at 6 percent with clearings 31 756 408.46 and balances 134 825.92. New York shows call money 3 1 2 percent, last loan 5, prime mercantile paper 4 1 4 5 percent, sterling weak, various foreign exchange figures and clearings 271 248 674 with balances 8 740 246. Chicago posts exchange 0 5 HS, clearings 28 961 615, balances 1 167 236. Boston clears 14 349 722 balances 1 604 850. Philadelphia money 6 percent, clearings 15 462 856, balances 2 828 243. St Louis money 4 to 5 percent, New York exchange par, clearings 9 562 620, balances 986 120. Baltimore money 4 to 5 percent, clearings 3 600 252, balances 294 440. Cincinnati money 4 6 percent, New York exchange 0 6 discount, clearings 2 949 000. London money 3 3 percent, discounts 3 9 16 to 3 34, Consols 92 7 16, Spanish fours 7 4, Paris three percent rente 1f 4c, exchange London 25f 1 3 4 4 c for checks. Berlin London exchange 2 0 m 2pf checks. New York silver 1 4 c, Mexican dollars 4 c. London silver bars firms at 27 16 d an ounce.
MENTIONED IN THIS ARTICLE
Indianapolis
New York
Prime Mercantile
Sterling Exchange
Chicago
New York Exchange
Boston
Philadelphia
ST. Louis
Baltimore
Cincinnati
Treasury balances reveal cash and gold totals in fund
A terse treasury balance statement for the general fund, excluding the $150,000,000 gold reserve in the division of redemption, lists available cash balances at $169,461,446 and notes available gold.
MENTIONED IN THIS ARTICLE
Treasury
Wall Street Mixed as Money Market Influences Decline Stocks
Market news from New York December 12 notes continued money market influence depresses stock prices. Amalgamated Copper falls with London. railroads show modest buying on declines. Vanderbilt dividends declared except Canada Southern. Banks expected to strengthen then lend more freely after mid-December treasury report.
MENTIONED IN THIS ARTICLE
Meyer & Kiser
New York
Amalgamated Copper
London
Wall Street
Lawson
St. Paul
Union Pacific
Manhattan
Missouri Pacific
Vanderbilt Companies
Canada Southern
Effect of High Money Rates on Market Prices
Granger Farwell & Co. reports higher money rates sparked further liquidation and a sharp price drop. A late recovery followed easing rates as traders covered shorts and large buyers bid up. Western lenders led the decline, with broad weakness across quarters. loans run through Monday, suggesting another high rate day and potential further declines before cautiously buying for year-end carry. Copper is expected to fall further.
MENTIONED IN THIS ARTICLE
Granger Farwell & Co
New York
West
ONE UNIT OF VALUE
A New York Press perspective argues the silver quarter is the true unit of value in the US. It laments the dime and advocates restoring a Pine Tree shilling and a 15 cent piece to stabilize currency and prices, criticizing other coins and urging two-for-a-quarter transactions while praising the quarter’s practicality.
MENTIONED IN THIS ARTICLE
New York Press
United States
New York
North Carolina
Pensions for Veterans Issued to Named Indianians
Certificates issued to Indiana veterans list includes Albert Armel Indianapolis $4 increase Henry Skinner Mitchell $17 William Rea Warren $12 David Heits Bourbon $8 Simon Peigh Roanoke $12 William J Greer Elberfeld $17 Asbury E Anderson Lebanon $10 William B Jones National Military Home Marion $17 William Gurley Evansville $10 William H Stout Richmond $1 John M Richard Palmyra $4 Charlee Traumer National Military Home Marion $4 John T Doke Knox $1 Lewis Clapper Treaty $5 John Hack Vincennes $17 William Strockedill Jonesville $17 Maryetta Sweasey Dillsboro MH Priscilla Baker Dunkirk $8 Rebecca GI Jeffersonville $8 Mary A Puderbaugh Union City $? Emeline Hottmann Vincennes 5 Lovina Lech Wakarusa $12 Lizzie Smead Brantll
MENTIONED IN THIS ARTICLE
Albert Armel
Indianapolis
Ilenry Skinner
Mitchell
Willam Rea
Warren
David Heits
Bourbon
Simon Peigh
Roanoke
William J. Greer
Elberfeld
Asbury E Anderson
Lebanon
William B. Jones
National Military Home
Marion
William & Gurley
Evansville
Wiliam H. Stout
Richmond
John M._ Richard
Palmyra
Charlee Traumer
John T. Doke
Knox
Lewis Clapper
Treaty
John Hack
Vincennes
William Strocked
Ill
Jonesville
Maryetta Sweasey
Dillsboro
Priscilla Baker
Dunkirk
Rebecca
Jeffersonville
Mary A. Puderbaugh
Union City
Emeline Hottmann
Vinpanes
Lovina Lech
Wakarusa
Lizzie Smead
Brantl
Live Stock Markets Grim Across Cattle Hogs and Sheep
At Union Stockyards Indianapolis and Interstate yards the cattle market is dull, with supply ample and prices down from a week ago. Hogs show mixed demand with steady to higher prices for heavier weights, while lambs and sheep move slowly with prices near steady or lower in parts of the week’s activity.
MENTIONED IN THIS ARTICLE
Union Stockyards
Indianapolis
Dees Escaensssets Ness
Interstate
Somasand
Ausveurs
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