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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Dec 27, 1902
Page
10
Transacts a general banking business and receives deposits subject to draft. Amends collected and remitted. Acts as fiscal agent for corporations and negotiates security issues for railroads and other companies. Deals in government bonds and other investment securities. Commission orders executed.
In Indianapolis at Union Stockyards on December 26 cattle receipts reached 1,100 with 20 shipments, five day totals down slightly year over year yet Friday’s figures were fair, demand improving as short week supplies tightened. Fat cattle opened strong with active trading, prices fluctuating but generally 2 to 6 cents higher than last week’s lows. Good fat steers and feeders held steady to firm, with prices for various weight ranges ranging from about 4.75 to 6.25 per 100 pounds. Hog receipts reached 6,000 with 1,200 shipments, week to date showing small declines versus last week and year, markets opening lively, Packers moving orders directly to middlemen.
Receipts and prices across multiple markets show fluctuations in cattle hog and sheep all week. Quotes include top hogs near 6.60 and lambs around 5.00, with cattle steady to firm in several regions and calves maintaining about 7.00. Strong demand for better grades persists despite mixed quality and regional variation.
The La Crosse pastor declares he will deliver no more sermons or assume pastoral duties until his back salary is paid. He frames the faith role against financial neglect, arguing a congregation that starves its minister harms the kingdom of heaven.
The New York stock market opened dull after Christmas but soon advanced as call money rose to 12 percent and even 15 percent. Broader gains followed with strong buying in Erie and other shares tied to speculative interests. Roosevelt's Venezuelan arbitration decision and a large January fund disbursement boosted confidence, while low priced stocks led a broad lift.
Commercial paper rates and money markets across major cities show rates steady to firm. New York sterling, exchange, and treasury figures appear alongside clearings and balances, with London and Paris noted as holidays and the treasury statement outlining available cash balances and gold reserve.
Instruments filed for record in Marion County Indiana list transfers and parcels. Notable entries include David Bownetux Samuel E Hardy Lot 2 Block 2 Four Avenue city additions and several others with prices ranging from 1.00 to 8,000.00 dollars. Building permit noted for Robert L Dorrah on Warren Avenue for a frame structure.
A New York woman of high social standing but limited purse rues the rise of pearls. Real ones cost too much so she may wear false pearls that experts cannot distinguish, risking a rumored scandal. She suggests she would do better to abandon flaunting costly adornments.
Chicago December 26 trading on the Board of Trade was very dull. Wheat held steady with May closing slightly higher, corn up a fraction, oats up about 4 percent, and provisions up 10 to 27 cents. May prices showed small gains amid light activity and strong St Louis demand, while corn rallied briefly on shorts covering before settling near the prior level. Receipts and futures show modest movements as weather remains favorable for movement and overall tone stays firm.
Flour receipts 48,624 barrels with exports 7,622. Wheat receipts 143,325 bushels with exports 81,16. Spot steady No 2 red 79.5 cents. Corn receipts 57,70 bushels with No 2 elevator 59 cents f o b. Oats spot firm at 38 3/4 cents. December futures eased and then firmed amid temperate demand.
Trade in St Louis and other hubs shows flour steady to firm across varieties while wheat, rye, and oats shift. corn and lighter commodities varied. Receipts and shipments listed for flour, wheat, corn, oats, and barley with regional price quotes and futures bids.
In the Orient the Christmas tree has spread with converted Chinese adopting the cross yet keeping native decorative customs. Firecrackers greet Christmas day, roast pig honors gods, and white sackcloth adorns Good Friday. Rice based ornaments replace traditional pop corn, including fried rice spheres, shaped cubes, and ornate strings of scarlet gold and blue paper. Candied fruits, seeds, and tinsel create bright tree adornments across homes.
Certificates issued to numerous individuals across Indiana and nearby areas with listed names and towns including William H Bird Avery Rockfort Sylvester Knox Franklin Everett Goal City John T Hugh Parkersburg Peter Decker Decatur Taylor Bannon Indianapolis Jefferson Simmons Holland William H Hazel Harrodsburg David Morgan Hills ham James W McIndoo Freedom George W Hanson National Military Home Barton East Germantown Martin Bend Laurel Harrison Bryant William Briney Richmond Frankfort Worthington George Briar Martin Reema Bend Ane Laurel Harrison Bryant and others with stated sums.
Passenger cars depart Georgia Indian streets at 5 57 a m then until 57 p m The next car leaves at 11 15 p m Combination passenger and express cars operate Georgia and Meridian streets at 6 37 a m 11 57 a m 2 07 p m For Greenfield and intermediate stations arrive at Georgia and Meridian streets p s m and depart at 9 a m also arrive p m and depart at 3 39 p m
Partial transit timetable lists cars from Union Depot to Shelbyville and Indianapolis with hourly departures from early morning to night. Tickets sold at Huders Drug and other local outlets. Additional services include combinations to Georgia and Meridian streets and Mooresville via Kentucky Avenue and Park Street with morning starts and hourly runs through 8 or 9 PM.
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