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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Dec 21, 1902
Page
10
In the week ending Saturday wholesale activity eased across staples with weaker produce and butter, while poultry rose on holiday demand. Navy beans and dried peas softened. canned goods held firm. Dry goods and hardware saw slower sales, yet the overall week marked the most satisfactory trade in months as prices stayed steady and stock levels rose for a potential banner year.
Week closed with weak grain receipts though Friday saw gains. Wheat prices strengthened with No 2 red at 73 cents track and No 2 white 45 cents. Oats and hay traded in thin wagon markets with oats at 1 car and hay at 5 6 per ton, while farmers sold holdings at full prices in light wagon action.
A fragmentary price list covers wholesale items including meats such as turkey and duck, hides and tallow, various nuts and candies, and coal and coke. It also includes numerous wholesale brand names and local suppliers, with prices per unit, per ton, or per bag, reflecting a 19th or early 20th century market catalog.
Denver mining man William P. Dunham and associates Eben Smith and R. H. Reid return from Mexico with tales of vast mineral wealth and the Basaseachic waterfall near Chihuahua. Dunham describes the 978 foot cascade, its elevation, and its isolation twelve miles from any trail, noting the sight as among the most wonderful he has seen.
Chicago Board of Trade notes higher prices on wheat aided by bullish figures, while corn declines and oats rise slightly. May wheat closes up about 0.75 to 7.7 cents, corn off roughly 4 cents, oats up 4 cents. Provisions gain with strong hog demand and light receipts. Weather and foreign demand support overall strength despite session profit-taking.
George H. Phillips's Market Letter notes buying gains around 7 5/8c for wheat as export business expands with seventy eight loads reported. Wheat on export basis viewed as safe from decline. advise buying on any setback. Corn opens weak then closes strong. expect weather to influence further moves. Oats rise with grains. capitalize by buying on breaks and selling on bulges May oats.
Market: flour receipts and exports show firmness with winter patents at 3.60 to 3.90. Wheat and corn futures rise on bullish foreign stats and western weather. May, July, and December contracts advance. Rye, barley and oats hold steady or dull. cotton seed, molasses, and refined goods show firm or quiet trading. Strong activity in export trade supports the day’s firm tone.
The New York Tribune reports neurologist Dr 8 Weir Mitchell of Philadelphia rejects the idea that long continued suffering morally improves people. He notes few cases of moral betterment from illness and finds the claim unsupported by experience. He cites the chronic invalid as often selfish and peevish, challenging traditional religious teachings.
A Washington area hunting story from the Blue Ridge and Woodmont clubs ends with a hunter recalling a moonlight jug accident. A man admits he broke a jug while en route to town for liquor, explaining to fellow sportsmen why he must explain the broken bottle.
Flour, wheat, corn meal, oats, and freight prices vary by city from St Louis to New York with noted changes. Prices show quiet to steady trends across flour, wheat, rye, barley, butter, cheese, and lard, alongside spot and December quotes and receipts and shipments data. Banks of prices include specific bids for timothy, hay, potatoes, onions, and peppers with regional differences.
New York reports no change in home demand for cotton goods with ordinary business at prior prices. Print cloths see better inquiry for wide goods and steady rates. Export orders to China boost heavy brown cottons. Cotton yarns steady with moderate demand. worsted and woolen yarns firm. Linen and jute yarns remain firm.
New Orleans reports sales of 2 950 bales with prices at 7 1 2 to 11 8 for various grades and receipts of 644 bales, stock 371 475 bales. In St Louis the market notes wool prices and fiber goods with fine wash tub listings and other textile details.
The Boston Globe extols higher ship speeds like the Kaiser Wilhelm at twenty four knots yet notes the high power and coal costs required, contrasting with Cedric at seventeen knots using far less horsepower. It argues faster speed increases expenses, labor, and fuel, making speed rises impractical and urging a cautious approach.
Hog and cattle markets show mixed shifts with receipts varying. Cattle receipts lower, prices steady to higher on steers and calves. hogs rise midweek then ease, best heavy hogs strong around 6.50. sheep and lambs steady with moderate demand. Intermittent regional quotes reflect uneven packer activity and transport constraints.
A New York Times excerpt shows a parent and son debating Sunday study. The father, clinging to old maverick views, urges practical lessons while recalling his own Latin and arithmetic struggles. He frets over arithmetic confusion and insists lessons be learned by Saturday.
Union Traction Co of Indiana issues a May 23 1902 timetable for Anderson Muncie Marton Alexandria and intermediate stations. Trains depart from Magnolia Block Capitol and Kentucky Avenues starting 4 15 a m with hourly to 9 15 p m and 11 15 p m limited runs to Anderson and Muncie. Morning and midday departures at 11 a m 2 p m and 6 45 p m connect at Anderson with Elwood limiteds. A combined passenger and express car leaves Remneny Svea at 6 15 a m for Indianapolis Express station with direct connection to Marion and Alexandria cars. Rates and ticketing from 6 to 5 30 p m for cars noted.
Timetable notes office in Franklin building details first car at 5 57 a m and last at 11 15 p m. Combination cars depart Georgia and Meridian at 5 57 a m 7 57 a m 11 57 a m 3 57 p m 7 57 p m. Greenfield service arrives Georgia Meridian 7 00 am dep 9 00 am also 2 00 pm dep 3 30 pm.
Indiana and Shelbyville lines publish hourly service from Union Depot to Shelbyville and intermediate stops. The theater car runs hourly from Indianapolis to Shelbyville until 9 pm with last departure 10:30 pm. Tickets at Huders drug store and at Ensleys pharmacy in Stubbins Hotel block. Also services to Greenwood, Martinsville, Mooresville with first cars around 4 am and last around 11:15 pm, plus hourly connections to Brooklyn and Sunday morning excursions indicated.
A harsh parent condemns pushing children too hard and insists on practical arithmetic. The narrator scolds for overly specialized tasks, questioning the value of cistern calculations and urging a focus on real learning as the mother arrives.
Certificates issued to Indiantans include John Thomas Jeffersonville Original and Henry Campbell Kendallville with increases and reissues. Other names tied to pensions include Elijah Spaulding Salem Joseph Blair Lafayette, John Herrin Washington, El T. Michael Fort Wayne, Thomas Frakes Branchville, Mordecai Harris Winchester, Robert Sloan English, Thomas McDaniel Darlington, George Swank Goshen, John Beard Williamsburg, Philip Stearleyville, James Peterson New Ross, William Hummerich Freelander and others in scattered towns with varying dollar amounts.
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