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The Indianapolis Journal in Indianapolis, Indiana

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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

The Indianapolis Journal

Location

Indianapolis, Indiana, United States of America

Date

Dec 22, 1902

Page

7

Cattle Market Steady Across Major U S Yards

Cattle receipts varied across Indianapolis and interstate yards with small shipments and steady to firmer prices. Bulls and calves showed mixed gains, hogs moved modestly up and down, while sheep and lamb markets remained largely steady amid uneven demand and weather impacts. Strong entities included Union Stockyards Indianapolis and Interstate Stockyards.

Interstate Indianapolis Dec

Labor views from trade circulars stir political debate

Labor Commissioner O Donnell reports 38 of 50 circular responses from trades. Workers claim trusts and combinations raise wages and living conditions, notably northern Minnesota United States Steel Corp employees. The note argues workingmen know better than reformers about industry.

Butte Inter Mountain O'Donnell United States Steel Corporation Indust

Week in Wall Street shows bankers pool stabilizing market

A muted Saturday session in New York stocks saw professional traders largely drive activity amid a money market buoyed by a bankers protective pool. Gains followed a Sugar rally and Texas Pacific moves as bond demand remained firm, while money rates eased and foreign exchange stayed soft on ample grain bill flows.

Money Markets Across Cities Report Steady Rates and Clearings

Reports from Indianapolis Boston St Louis Cincinnati New York Philadelphia and Baltimore show money rates steady with calls remaining nominal and time loans around 6 percent. Clearings reach tens of millions with balances varying by city, reflecting stable liquidity across major financial centers.

Indianapolis Boston ST. Louis New York Exchange Philadelphia Baltimore

Money Rates Abroad Reported in Europe

London quotes show money at 34 percent for 4 percent discounts at 4 and 315-16. Paris market lists three per cent rentes at 38c for the account. Berlin notes exchange on London at 2m 4R4pt for checks.

London Paris Berlin

Markets for Silver and Specie Movements

New York rates show bar silver at 48%4c and Mexican dollars at 38. London reports silver bars at 2% 4d per ounce. New York weekly merchandise imports valued at 10,332,508. Exports of specie totaled 261,544 in gold and 61,400 in silver, while imports of specie reached 25,155 in gold and 63,394 in silver.

New York London

Treasury balances show available cash in general fund

Washington Saturday's statement lists treasury balances in the general fund exclusive of the 150,000,000 in the division of redemption with an available cash balance of 122,083,219.

Washington Treasury

Bank reserves and loans show mixed movement amid year-end cash shifts

The report notes banks hold excess reserves of 8.0 million under the 5 per cent rule while U S deposits total 18.14 million. A six-day cash gain from interior money flows contrasts with a 1.76 million cash decline, offsets by a 5.88 million deposits drop and a 3.51 million loan contraction. Loans still exceed deposits by about eight million, but national banks have added 41 million in capital and surplus over the year. The piece anticipates continued cash inflows from interior markets, possible temporary market interruptions during the dividend period, and potential stronger exchange with possible gold exports as rates fall.

Union Stockyards Indianapolis Steel Lee Solwich New York Commission Houses Bankers Western Maryland Texas Pacific Bankers’ Pool London Pennsylvania Co United States U. S

Texas Pacific Leads Mixed New York Session

Private wire report from Meyer and Kiser notes a dull session with professional trading, London prices higher, and a Texas Pacific surge to 41½ before a sharp pullback. Bank statement shows a small reserve decrease, a $3.5 million loan drop, and $1.7 million drop in specie. Despite profit taking, overall market undertone remains strong after a week of sharp advances.

Meyer & Kiser New York London Texas Pacific

Quiet but Strong Market Gains Confidence

The Granger Farwell & Co telegram reports a $0,000,000 syndicate restoring confidence. Lenders are nearly sorry the step was taken as prospects for next week favor a quiet but strong market in New York.

Granger Farwell & Co New York

Wheat and Hog Products Rally on Bullish Market News

On the Chicago Board of Trade wheat closed higher while corn eased and oats rose modestly amid bullish clockwork factors and limited volume. Strong hog prices supported early gains with ledging buying by shorts and packers, despite mid session profit-taking and light receipts.

Chicago Board of Trade Argentina Shorts Minneapolis Duluth Reed Yan Thy

Grain market notes and wheat outlook from Chicago letter

George H. Phillips's Market Letter reports mixed grain prices with December corn collapse easing the corn corner. It notes potential May corn below 6c and hints at buying wheat while prices appear sound, amid manipulation fears and bullish Armour actions.

George H. Phillips Chicago Patten Armour Concern

Flour and grain market summary from New York

Wheat receipts 94,575 bu, exports 40,220. spot firm No 2 red 7 9/4 c fob. May 81 4 c, July 78 c, December 7 c. Corn receipts 26,200 bu, exports 58,535. spot firm No 2 elevator 59 c fob. oats firm no 2 29 1/2 c. Hides, beef, lard, sugars, and finer staples priced across multiple grades. rice and molasses steady. coffee, tea and oils quoted with regional variations. Market quiet but firm on grains with bullish foreign stats and Western weather influence.

New York Minnesota Brandywine C. 1 Manitoba Cf. O. B Sae Enone Sewiors Pacific Coast Bae Galveston California Texas India S. A Japan New Orleans S. Coffe Cornova Sane Kansas City Toledo Amathy Alsuke Cincinnati Ives Duluth Northern Bern Neck Minneapol Milwaukee

Trade in General Quotations From St Louis and Baltimore

Trade notes from St Louis and Liverpool with prices for flour red winter patents at 3.35 to 3.40, wheat futures up, corn and oats higher, lard steady, bacon and dry goods steady, receipts and shipments listed. Baltimore reports flour steady, yellow and red types cited, mild activity noted in grains and fats.

Stock Listings Bulleted for Local Telephony and Industry

A fragment listing shares and bonds from several companies includes 80 shares of a long distance telephone firm and 30 shares of a new telephone company. It notes $25,000 in new telephone company securities, $5,000 in first 5 percent gold bonds, and $55,000 in gold bonds. Additional entries show 20 shares of an independent manufacturing company and bonds in the Delaware and Madison Counties macephone Company.

New Long Distance Tel. Co New Telephone Co Delaware and Madison Counties Macephone Company Ind. Mfg. Company

Miscurrent Dec Report Of Grain Prices And Butter

Kansas City and Toledo markets show wheat receipts and prices for cash and futures, with oats and barley figures. Cincinnati and New York report flour and butter market steadiness, with cheese and whiskey prices. Chicago and St Louis note declines and steady vitamins. several cities list eggs, pork, and export prices amid mixed commodity activity.

United States Atchison General Atchison Adjustment Baltimore &Ohio Baltimore & Ohio Canada Southern Central of Georgia Central of Georgia First Inc Chesapeake & Ohio Chicago & Alton Chicago Burlington & Quincy Chicago, Mil St. Paul Chicago & Northwestern Consol Rock Island & Pacific St. L General Chicago Terminal Colorado Southern Consolidated Tobacco Denver & Rio Grande Eric Erle Prior Eral Fort Worth Denver City Tees Hocking Valley Louisville & Nashville Vane Aes Mexican Central First Inc Minneapolis & St. Louis Missouri Kansas & Texas Missouri,ansas & Texas Seco New York Central Northern Pacific New Jersey Central General Norfolk & Western St. Louis Iron Mountain San Francisco St. Louis Southwestern San Antonio West Shore Wheeling & Lake Erie Wisconsin Central New York Philadelphia York Baltimore Kansas City Kansas St

Cotton goods market steadiness caps last two days in New York

New York December 3 reports home demand for cotton goods unchanged from prior prices. Print cloths show better demand for wide goods with steady prices. Export demand steady for heavy brown cottons to China. Cotton yarns and linen and jute yarns hold firm with modest activity.

New York China Orm

Cotton prices and market notes from multiple cities

New Orleans reports a cotton firm session with 2.96 bales traded and mixed grade quotes. Prices show Ordinary and middling levels with speculative notes amid receipts and stock figures. New York and St. Louis entries include terse market observations on middling and wool trading activity.

New Orleans Lee Migaling Bo Halen New York Des Stow Uiet

Also Mentioned on This Page

the Merchants’ National Bank United States Depository W. J. Holliday & CO Texas Fed Stenag Omaha Louisville East Liberty Wall Street Atchison Canadian Pacific Southern Chesapeake & Ohio Bike Ind Low Chicago & Eastern Ll Chicago Great Western Terminal & Tran Colorado Colorado South Delaware & Hudson Delaware Denver & Rio Great Northern Valle Hillnois Iowa Iowa Central Lake Erie Lake Erie & W Louisville & Nash Manhattan Metropolitan Street Missouri Pacific Schaus Kansas & T New Jersey Central Norfolk & Western Pe Ontario & Western Pennsylvania Wee Rock Rock Island St Y Sy St. Touls Southern Eee Southern Railway United States Tone Wells-Fargo Aceetes Rr Tees Ameltar Eee Sane International Power Savnseeens Ved National Biscuit Sy National Pacific Coast Pacific Mit People's Gas Pressed Steel Co Pullman Palace Car Republic Steel My Republic Steel Tennessee Coal & Tron Union Bag & Paper Co Union Bag & P. Co United States Leather United States L United States Rubber United States Steel United States Steel Oh Western Union United Box Board Local Securit Stock Exchange American Nat. Bank Im Amn. C. Life Ins Belt R. R. Pf Central Trust Capital Nat. Bank Jumbia Nat. Bank Con. Gas Trust Co Fed. Union Sure. Co Indiana Hotel Co. Pt Indiana Mfg. Co Ates Indiana Nat. Ba. Mer. L. Co Indiana Trust Co Law Bull Laycock Marlon Trust Bank Polk, J. T., Co Piu Ranh Fertilizer Wo Security Trust Co Union Gas Co St Ry Sole New Tel Union T. of Ind. S Treasury Statement EKLY Reeves Geo. H Rialto Chicago Northwestern Pris Sarkee Wigark Liverpool Louis Itc S. Hatas Lord Prime Western Sis Harry B. Gates & CO Fletcher Bank New Telephone S. A. Fletcher & CO East Washington Street Absolute Poiceman John Tarrington Ohio Mat Iic Timore Ene Sas Roar B.S Om City Coreath Teastificates Atene Wilmington Ide Montpelier South Time North Lima Diana Charleston Acovisville Metals St, Louis Dec. S
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