Cattle and hog markets at Indianapolis lose week tone
At UNION STOCKYARDS Indianapolis cattle receipts reach 150 head while hog receipts stay comparatively light. Prices slump across fat cattle and hogs this week. steers largely bring 4.00 to 5.50 per 100 pounds with cows and calves weaker. sheep and lambs show mixed but steady activity with best lambs around 5.25. Interstate yard notes weaker cattle demand, with top hogs around 6.25 and lambs strong near 5.25.
MENTIONED IN THIS ARTICLE
Union Stockyards
Indianapolis
Steel Department
Quares Sressemaire
Ash Iid Niker
Take Tong
Ciomotly An
Ter
Interstate
Eere
Toansas Igs
Tale
Western Wet
New York
Receruy
Bate
Pennsylvania
Texas
Western Lamba
Oman
Yesvanter
ST. Louis
Texas Texas
Omaha
East Buffalo
Arghane
Wall Street Week Sees Liquidity Drain and Market Weakness
New York December reports a small fall in bank loan items, sparking selling across stocks. The week ends with heavy loan contraction, high money costs, and a weaker market, amid a Venezuelan crisis and syndicate subscription calls.
Financial Market Summary Across U S Cities
Commercial paper rates and money markets noted in Indianapolis New York and Chicago with openings in sterling and mercantile paper. Treasury statement shows available cash 208,618,000 dollars and imports exports of specie and merchandise at New York Port for the week.
MENTIONED IN THIS ARTICLE
Indianapolis
New York
Prime Mercantile
Stork Exchange
Chicago
New York Exchange
Sterling Exchange
Bobton
Washington
Treasury
New TR
Railway Sold at 93 and Quiet Market Week Ends
Twenty shares of Indianapolis Street Railway sold on Change Saturday for 33. The only other sale was one New Telephone first at 98 percent. The day was quiet but closed the busiest week the exchange had seen, with Independent Brokers' Quotations showing bids and asks. Banks-Capital and Columbia appear among the quoters.
MENTIONED IN THIS ARTICLE
Indianapolis Street Railway
New York Clearing House Weekly Statement Shows Cash Drop
The New York Clearing House banks report a week of declines in loans deposits specie and reserve with a small increase in circulation and legal tenders. Receipts from the interior rise while interbank flow begins to pick up, offsetting some treasury drain.
MENTIONED IN THIS ARTICLE
New York
United States
New York Associated Banks
New Orleans
Stock Exchange
Surplus reserves show strength as deposits rise
The reduction in surplus reserves now stands at 3,330,900 based on deposits including 40,164,700 of government funds. After subtracting public deposits the surplus is 15,423,017. A year ago the surplus on net deposits was 5,450 percent, indicating banks remain comparatively strong and likely not to be much reduced by year end. Circulation rose 54,100 last week despite a smaller ret than prior week.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis
Northwest
Market reacts to bank statement as stocks slip late day
New York December 13 A morning positive tone on bank statement expectations gave lifting support to Atchison Union Pacific M P and steel shares Yet St Paul faced notable selling and overall liquidity could not sustain gains The surplus reserve stood around 8 3 million down from a year ago and 6 3 million in 1900 Traders noted cash losses were smaller than predicted and loans may have fallen more than shown as Friday’s figures await next week The market closed near day lows after late liquidation
MENTIONED IN THIS ARTICLE
New York
Bears
New York Central
San Francisco
South America
Mercantile
United States
Atchison
Baltimore & Ohio
Big
West
Chicago
Chicago & Northwestern
Colorado Southern
Erie
Great Northern
Hocking Valley
Illinois Central
Iowa Central
Iowa
City Athern
Lake Erie & West
Louisville & Nashville
Rikig Tasty
Manhattan L
St. Ry
Ask
Sisos Mexican National
Minn
St. Louis
Iesours Pacific
Wis
Kan
Texas
New Jersey
Southern Railway
Texas & Pactie
Lake Eri
Lake Erie
Wisconsin Central
American
United States Wells-Farao Miscellaneous
Uted Es Enes Am
Car
Am. Rocaee
Am. Asadcabeas
Market Turns Weak After Early Rise On Bank Outlook
New York trading opened with a fractional advance on hopes of a better bank statement, but later profit taking and cautious bank data sparked declines. Steel shares led the weakness, particularly the common stock, as the day closed with sentiment favoring lower prices and anticipated violent fluctuations for brokers.
MENTIONED IN THIS ARTICLE
Granger Farwell & Co
New York
Wheat Holds Steady as Argentina Delays Harvest
Chicago markets firm on bullish wheat news from Argentina and favorable cables. May trades near 77 to 77 1/4 cents, December at 75 cents. Corn and oats show fractional losses with provisions steady to slightly higher. receipts and futures activity described, with May corn at 56 1/4 to 57 cents and hogs modest gains in pork and lard.
MENTIONED IN THIS ARTICLE
Chicago
Argentina
Liverpool
Minneapolis
Duluth
St. Louis
Grain Letter Recaps Wheat Market Rise and Supply Limits
Geo H Phillips notes wheat gains without a lead buyer and argues prices may rise further as visible supply nears maximum. He cites 558000 new bushels added, 9529000 bushels at Minneapolis, and concerns over North West stock levels, predicting May prices could advance with continued demand.
Market Report on Flour Wheat Corn and Oats Prices
New York commodity notes report Dec 13 with flour receipts 1201 bris, exports 34850 bris, corn meal dull at 1.23, wheat receipts 73125 bu exports 21000 bu, spot No 2 red 50c mo eleva, No 1 northern Duluth 54c. Wheat options firm on higher cables and rain in Argentina, near-clone mixed. corn options firmer amid weak export trade. Oats receipts 126000 bu, spot firm unchanged, December close noted.
MENTIONED IN THIS ARTICLE
New York
S&c
Duluth
Manitoba
Argentina
Pope Seeesse
F.o. B
Liverpool
Pete Tess
Ste
Erie
London
ST. Louis
Timothy
St . Sacked
East Track
Lovieville
Kansas City
Som
Teyront
Minneapolis
Bard
Northern
Milwaukee
Quotations at St Louis and Midwest grain markets
World market notes from Liverpool and U S locations list wheat and flour prices and assorted commodities. Reports cover St Louis Louisville Kansas City Toledo Duluth Minneapolis Milwaukee and Oledo with mixed prices for wheat flour and pork and varying meat cuts.
Also Mentioned on This Page
the Merchants’ National Bank
United States Depository
Holliday É Co
Pete Ae
Wall Street
Associated Banks OF the
City OF New York
Associated Banks of
New City
Brarn
Hew
Bank of New York
Ei Haan
Manhattan Company
QUO Merchants
National Ore Isi
Mechanics’ National
America
Gallatin National
Butchers
Mechanics’ & Prasieck
Greenwich
Exchange National Nat. Bank of Commerce
Mercantile National Broadway National
Hanover National
Irving National
Nassau Oeensene
Eens
Neeeee
Market
Fulton National
BOHM
National
Fourth National
Central National
Second National
First National
New York National Exchange
New York County
Rman American
Chase National
Fifth Avenue Scherene
Germania
Wees
Lincoln National
Garfield National
Fifth National
Wee
Metropolis
West Side
Seaboard
Libert National
Tate Soy
Newark
Astor National
New Amsterdam National Theserenee
Nat. Bank of the United States
Eenens
Am. Smelt
Indiana
Tase Am. Smelt
Ny Merchants’ Rapid Transit
Colorado
Bs Union Marion Consolidated Gas
Continental Tobacco
Indianapol jscellaneous—Belt R. BR. Com
Pacific Mall
Republic
Tennessee Coal & Iron
Union B. & P
Union B. & P. Co. U
United States Steel
Western Union
Atchison General
Atchison Adjustment
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Central of Georgia
Chicago & Alton
Mil
St. P. i
Northwestern
Chi
Rock Island & Pacific
St. L
Denver & Rio Grande
Orth
Denver
Hocking Valle Louis
Nash
Louis
Missouri, Kansas
New York Central General
New Jersey Central General
Northern Pacific
Norfolk & Western Co
Reading General
Tron Mountain
St. I
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ALS
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Treasury Statement
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Seabeereeeen
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Local Securities
Amn. Nat. Bank c
E. Amn. Ic L. Wkspi i
Amy Wiwee
Wees Belt R. R
Best
R. R. Stock
Eee
Capital
Bani Am
One Central Trust Co
ass + ci. C
Columbia Nat. Bank
Federal Union 8. Co
Me Brewing Pt
Cove
Mfg
Indiana Nat. Tank
Ss. Wees
Indiana Trust Co
Ind. Gas Co
Stoc! Ind. . & Co
Ind. Stry
Stoc' Ns
Fire ‘Cock Mfg. Co
Esee Anes Law
Sita Tone Marion Trust Co
Atte
Wees Merchants
N. Bai
Rauh Union Trust
Tnion Traction
Wasson
Union T. Ind
Geo. H
Commission Merchant Grain
Rialto
Ow & Ao
Fiour
Timothy Seed
New Long Distance Tel. Co
New Telephone Co
Delaware and Madison Seenone Company
Jones
Ind. Mfg. Company
Harry B. Gates
Fletcher Bank
New Telephone No
Geo. H. Phillips