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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Dec 19, 1901
Page
3
The notice outlines a banker transacting banking business with deposits subject to draft, dividends collected and remitted, and acting as fiscal agent for corporations. It notes involvement in railroad and corporate securities, government bonds, and investment securities, with commissions executed.
Readable fragments show solicited accounts involving banks, bankers, corporations, and individuals. The item highlights financial actors and linked entities, implying forthcoming disclosures or required submissions.
Traders grapple with copper questions amid new price cuts in copper and a rally led by Amalgamated Copper. Short-covering pushed Amalgamated higher while money markets steadied and sector leaders like St Paul and Union Pacific propelled gains. The broader market closed firm with bond activity and renewed confidence despite lingering copper volatility.
Indianapolis reports commercial paper at 4 percent and time loans at 5 6 percent with clearings of 1 576 522 78 and balances 164 565 30. New York shows call money at 4 6 percent with prime mercantile paper 4 5 percent and sterling exchange around 4 86 for demand. Clearings totals across major cities listed with varying balances.
London money rates show 34 3 percent discounts at 3 percent and consols at 93 13 16. British gold transfer to Gibraltar amounts to £20,000. Paris quotes three percent rente at 100f 4c with London exchange 21 ac. Berlin exchange on London 2m 414pf. New York bar silver 55 4c. Washington treasury balance available cash $171,123,314 with gold reserve $150,000,000 in redemption.
Private wire dispatches from New York report mixed morning trading with Union Pacific heavy buying and Manhattan edging up while St Paul shorts covered. Amalgamated Copper fluctuated amid rumors of directors and a price cut by United Metals Selling Company, then rallied sharply on large buy orders as the market steadied after noon.
Instruments for the 24 hours ending 5 p m Dec 18 1901 filed by Indiana Title Guaranty and Loan Co list transfers including Lot 572 MeCarty’s West Side add. Lots 9 and 1 in various plots. several parcels on Fletcher Syl’s sale near Holbrook and Woodlawn. totals show 221075.00 in transfers and 13600.00 in building permits issued to Dittrich and Bell for frame structures.
Certificates issued to named Indians including Increase Restorsting and Peary with amounts listed such as 22 dollars for Barnet W and 20 dollars for Purnett Jonson. Several Terre Haute and Valparaiso notables appear, with multiple misread spellings and scattered figures.
Chicago trading sees May wheat fall to 79 3/4 cents as bears, aided by mineral selling, drive corn and oats lower and pork provisions down. Slim receipts, holiday dullness, and foreign resales weigh. market closes mixed with May wheat down 0.44, corn down 0.04, oats down 0.04, and July pork futures around 16.70.
Sugars New York report dated December 18 notes dull, barely steady market conditions. Flour receipts 9,63 bris, exports 5 bris, sales 11,450 packages. wheat receipts 61,750 bushels with spot prices easing. Corn and oats show mixed trends, options firm then weak. cotton, sugar, coffee, and tallow prices listed with various quality grades and futures closes.
The report lists prices for wheat, corn, oats, rye, and flour across St Louis, Baltimore, Cincinnati, and Liverpool. It notes dull or steady movements, varying cash and futures quotes, and several commodity totals including 6,711 bushels of flour and large corn and oats volumes. Local prices for lard, bacon, and whiskey are also cited alongside general market activity.
Indianapolis December 18 cattle receipts 1,300 shipments. Combined three day cattle receipts show a drop versus last week and rise versus a year ago. Market opened dull with weak demand and buyers reluctant for many cattle, later turning to a generally 6 to 8 cent lower trend with few top grades selling near steady. Hogs in good shipping demand and about steady. sheep steady to firm. Quotations list varied weights and classes with prices largely weaker overall.
Receipts and prices across multiple markets show a mixed, generally steady to higher trend for top grades. Sheep and lambs sold mostly strong with fancy lambs around 4.75, yearlings up to 3.95, and common stocker sheep lower. Hogs and cattle varied by region with exports and local demand shaping steady or soft pricing, and buyers including shippers and local butchers active in trading.
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