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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Dec 28, 1901
Page
10
A M Fletcher banker conducts general banking activities including deposits subject to draft, collection and remittance of dividends, acting as fiscal agent for corporations, handling railroad and company security issues, dealing in government bonds and other investment securities, executing commission orders, and eliciting accounts of banks bankers corporations and individuals.
Newton Todd lists stocks and bonds including securities from Indian Tith and Guaranty, Security Trust, Columbia National Bank, American Central Lite, Union Traction, and Indiana banks. It notes purchasing Merchants National Bank Stock and references various stock figures and telephone line 1022.
Trains leave Maryieod and Illinois streets at 6 and run hourly to Washington DC for Andersen Muncie Alexandria Ma Tien Kiwood and Way stations. Limited trains to Muncie stop only at Anderson. Times include 740 end 16:20 am, 4 and 7 pm, then trains to Muncie Gerson.
A Baltimore American note on nature and invention, praising early telegraphy and the promise of scientific progress. The piece contemplates humanity’s advance toward unlocking nature’s resources as technology accelerates.
Chicago trade closes mixed with May wheat down and corn and oats lower while provisions rise. May wheat opens weaker on disappointing cables, rebounds briefly, then sinks, with Duluth and Minneapolis prices lagging Chicago. Strong cash hog demand lifts May pork and lard despite overall bearish tone. receipts mix across grain markets.
Snapshot of commodity quotes from St Louis Baltimore Cincinnati and other centers shows flour wheat oats pork lard and beef futures firming or steady. Also notes on cotton bagging hemp twine whiskey and various crops with receipts and shipments across markets including Louisville.
A Caracas Herald piece surveys one of the world’s great rivers, the Orinoco, detailing its course from Brazil through Venezuela to the Atlantic. It notes the Boca Grande entrance, Trinidad transit, the Macarao route, and a five hundred mile winter tourist ascent with vivid jungle imagery and native Guaraen and wildlife scenes.
A Boston Transcript item remarks on an Indian squaw who died at an age surpassing any on record for her sex and mocks her ignorance of sanitation and microbes. The brief, dated tone reflects early 20th century attitudes and skepticism toward Western medical ideas.
New York stocks show strength in a few key names with Sugar pushing higher and Amalgamated Copper also advancing. Market closes dull but steady after extensive intraday selling to cover short positions and a rising money rate, with railroad shares mixed and bonds active. numerous readings point to adequate money supply guiding large orders from big holders.
Report from Journal of Commerce notes expected January payments for interest and dividends will peak. New York estimates alone reach 15.1 million, with combined disbursements across New York Boston Philadelphia over 200 million. Industrial dividends declared through December push total to about 25.0 million.
Friday's treasury balance statement lists the general balance excluding the $18,000,000 gold reserve. It shows pacer cash balance at negative 173,906,912 and gold reserves at 115,703,093 as reported by the division of redemption.
New York December 27 Readings were heavily bought for foreign accounts and short interest appeared not fully covered as Sugar advanced. Bulls were encouraged by the strong opening and rapid gains with Readings and Manhattan showing substantial buying amid some manipulation. Money rates rose later but overall market tone remained strong and active.
Granger Farwell and Co reports a strong market most of the day with occasional reversals. Analysts expect the rise to last until around the 1st before a reaction, with 9 percent money near the close causing some retreat from outside prices. Coal stocks, especially Reading issues, were well bought and may rise further though they will ease if the overall market weakens.
Mr. Trevail new president of the Society of Architects condemns London streets as narrow and squalid after returns from Europe and America. He urges a central Parliament authorized rebuilding plan with input from authorities and professional societies, citing Paris Vienna and Washington as examples.
A partial roster of issued certificates names Original-Sameon J. North Milford and Samuel J. Rhoades West Terre Haute among others, with varied sums listed in dollars for each recipient. Additional entries include James Arnott Anderson, John J. Greischop Spades, Leonidas R. Grigsby Orleans, William F. Merrill Greencastle, Jacoo D. Mater Bridgeton, James W. Holder Newburg, E Niles Charlottesville, Andrew Ulmer Bluffton, Charles Rottmann Vincennes, Nobles Ormas, and others with multiple amounts shown.
At Union Stockyards Indianapolis and Interstate Stockyards Indianapolis on December 27 cattle receipts totaled 1,100 with 30 shipments. Demand stayed strong for fat stock amid steady to higher prices, while hogs showed mixed demand with prices up 6 to 10 cents. sheep and lambs opened active with buyers present. Prices varied by weight and grade across cattle hogs and sheep, with notable strength in good to choice steers and lambs amid fluctuating packing demand.
New York market shows receipts and varied prices for cattle calves and sheep, with steers up to 66.25 and calves around 60.00. Chicago or St Louis reports mixed results, with hogs firm near 6.20 and sheep steady. Louisville and South Omaha show steady to higher trade, cattle mostly in the 2.50 to 4.50 range, hogs around 6.00 to 6.70, and lambs 4.00 to 5.00 in spots. Overall market activity described as active and higher in multiple locales.
Instruments recorded in Marion County for the 24 hours ending Dec 37 10 list transfers of property in Indianapolis and environs. Names include Sarah M Marsee Gustav A Schnull Daniel Moninger Bertha Titenbach Mary OBrien Samuel Dinnin Joseph P devia Olivia H Fletcher Eugene Gillam James R Tanquary Charles Van Shuyver Millie A Richards George C Pearson William E Kurtz Fannie Maloney John Molea Bruce Baker and others with Lot and block references and total transfers value 964057.29 dollars.
Line Sethe files for a frame addition at 1006 Central Ave. Walter Kohlstett plans a factory building on Big South Meridian Street. FG approves repairs at Golembia and Nineteenth Streets by C Hurlbert. Total work valued at 106 dollars.
A Detroit Free Press anecdote features Brown recounting an odd tale about a boy smoking a cigarette. She scolds him with mock severity, urging that smoking will prevent him from growing into a real man, as the boy misrecounts and responds with clumsy humor.
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