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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Dec 18, 1902
Page
10
Readers are informed of ongoing accounts involving banks, bankers, corporations, and individuals seeking solicitations. The notice outlines financial relationships and competing interests across institutions, highlighting ongoing solicitations and related disclosures.
Fragmentary listing shows Indianapolis Gas Co Indianapolis Water Co Citizens Indian Street Ry sith Law Gling Sepreshsnes Indianapolis Ins Co and related entities. The readable portion suggests a public sale or sale notice of local utility and insurance firms with scattered proper names.
Live stock markets report fat steers active near prior prices while hogs run higher on lighter weights and sheep stay steady. At Union Stockyards Indianapolis for Dec 27 cattle receipts totaled 80 with shipments 200. three day totals show declines versus a week and a year ago, yet today’s receipts were lighter than last week. Buyers favored steady prices with broader demand, and better female butcher cattle sold well on good feeding cattle, though overall prices were not as strong as Friday.
Receipts of sheep and lambs show a week-to-date gain, with today’s receipts up from recent days but still below last year. Lambs reach $5.25 with some top sheep around $4. Prices show steady demand, while horses sold slowly with buyers scarce. Intervals at Interstate Stockyards reflect weak demand and lower prices on many grades. Cattle and hogs across Chicago and Kansas City show varied trends, with buyers reluctant and markets unsettled ahead of the holidays.
Indianapolis and New York money markets show varied rates with time loans at 5 to 6 percent and call money steady. Sterling and commercial paper pricing move amid bank clearings in Chicago Boston Philadelphia St. Louis and other hubs with notable premiums on New York exchange and sizable balances across cities.
London money rates and discounts appear followed by Paris rentes and exchange, Berlin on London rates, New York silver and Mexican dollar prices, London silver bars, and a Washington treasury statement noting available cash balance and gold reserve figures in the general fund.
The belt common stock of an Indiana corporation drew strong demand after an extra dividend raised its yield to six percent. Tax officials monitor sequestered securities as settlements of wealthy estates impact tax duplicates while investors weigh tax advantages. John D. Collett joined the Stock Exchange as New Long Distance issues announce a one percent quarterly dividend and books close later in December.
Minneapolis Journal recounts William Hart, a landscape painter who praises his own work after a friend notes a fine sky. Hart inspects the heavens, then declares the sky he is painting is superior in quality and tone to the real sky observed.
Certificates have been issued to named Indianians including James A. Somerville of Lafayette for 30 dollars and Joseph W. Elrod of Coatesville for 6 dollars. Other recipients include Brackin of Granville 17 dollars David McCumber at National Military Home Marion 17 dollars Sonn Hanrahan at Delphi and John T. Hisler at Sas Sere paste Walesrue with various amounts.
December corn futures sank about six cents on heavy liquidation led by a margin call breach by W. W. McCleary & Co and the St. Louis driven pool of Thomas A. Cleage. May corn and wheat edged higher, oats fell, and overall market noise reflected a sharp break from earlier in the month with December closing around 47 1/4 cents.
New York markets report dull but steady grain prices with mixed futures. Wheat futures recovered from early weakness amid liquidation and export rumors, closing slightly higher. corn and oats also rallied after initial losses as covering occurred. Cotton and sugar held steady with modest demand, while fats and oils showed limited movement in a sluggish trading session.
Trade in general shows flour steady with red winter grades at 3.25 to 5.00, extra fancy and straight around 2.90 to 3.00. Timothy seed steady at .90 to .40. Corn meal and bran quoted firm, east track and sacked prices noted. No. 2 elevator and track bids for May and July shown as Tc bid.
OCR shows mixed grain and commodity prices across cities including Baltimore Louisville Kansas City Toledo Cincinnati Duluth Minneapolis and Milwaukee. Entries note December May and January futures for wheat corn and oats, with prices and shipment figures for flour bags bacon and timothy, and currency references for regional markets.
New York reports butter receipts at 6383 packages with steady demand and mixed cheese prices. Philadelphia shows firm butter and cheese with varied near-by and Western creamery quotes. Across Baltimore Chicago and other hubs butter remains firm, eggs firm in several markets, and spirits and oils show firm or steady trends amid fluctuating receipts.
Union Traction Co of Indiana announces a time table effective May 23 1902. The timetable lists stations including Magnolia Block and Capitol and outlines routes and scheduling details for public transit. The scarce readable text indicates a city streetcar system serving key downtown districts.
Passenger cars depart Greenfield Knightstown and local stations from Meridian streets with first car at 6 57 am and 9 57 pm daily. Additional routes to Greenwood Franklin and Martinsville list hourly departures from 5 am to 9 pm. theater cars at 4 pm. Shelbyville service from 5 am to 9 pm. Schedule pages mix with incomplete wording and station references.
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