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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 29, 1902

Page

7

Grain Market Steady as Corn Rises Slightly Amid Dull Trading

Chicago trading shows light wheat receipts and steady prices across grains with May wheat unchanged at 77 1/4 cents, May corn up 4 cents to 43 1/2 cents, oats flat, and provisions mixed. Bull sentiment dominates cash activity while deliveries and receipts remain modest, reflecting a narrow trading range and cautious appetite in a quiet session.

Chicago Minneapolis Duluth May Sutil Bnort

Break Is Expected In Wheat Market Letter

George H. Phillips’s Market Letter from Chicago notes a likely wheat market setback without new outside trade. Advises profit taking or waiting for a decline. corn remains fairly strong. Oats May is becoming popular. foresee quick break before reentering. Provisions rise with pork lard and ribs rumored higher, but delay buying until after a $1 per barrel pork advance.

George H. Phillips Chicago

Wheat Quiet and Steady

New York December 27 reports flour receipts and exports steady with little change. Prices listed for winter patents and straights, Minnesota patents and bakers, rye flour, corn meal, and malting barley show small variations. market appears flat with mix of shipping and elevator quotations and no major price shifts.

New York Minnesota

Commodities market briefs reflect mixed movements and steady spot tones

Ocean freight and grain futures show December corn slipping slightly on deliveries while May and January positions rise modestly. Oil, cotton, and coffee hold light, spot prices firm for sugar and rice, with livestock and hogs showing steady trends amid unchanged or quietly shifting quotations across grains and byproducts.

Spee News Sic Aike Galveston California Texas Mesa City Extra India Continental Japan New Orleans Rio Cordova

Grain and commodity prices across multiple markets

The report lists price quotes for flour, wheat, corn, oats, rye, and related commodities across Kansas City Louisville Cincinnati and Duluth markets. It notes steady or firm tones for wheat and corn with varied cash and December figures, plus barley and timothy prices and livestock terms in several regions.

Kansas City Hart Gee Louisville Northern Fear Cincinnati Lora Duluth North Nun Milwaukee Standard

New York Market Reports Butter Eggs and Cheese

New York market reports dated December 27 show butter receipts at 5,267 cense and 7,811 packages for cheese, with a firm trend. Philadelphia andBaltimore markets note scarce butter and firm prices. eggs are firm in nearby and western markets. cheese remains quiet but firm. Regional quotes cover Chicago Kansas City St Louis Cincinnati Louisville and New York oil and dry goods notes with prices for petroleum turpentine copper tin lead and other commodities.

New York Pennsylvania Philadelphia Baltimore Ms Creamery Chicago Produce Exchange Tipitae Tigi Hays Way Kansas City Missouri Kansas ST. Louis Cincinnati Ohio Louisville Bea Ige Sas D Ee Rae Oil City West Po Ste Springs Neere Boston Lille Louis Tasacen Atchison Lattimore Baltimore & Ohio Canada Southern Chesapeake & Ohio Chicago & Alton Ind Louieville Eastern Illinois Great Western Great West Chicago Northwestern Colorado Southern Delaware San West Denver Rio Grande Grande Erie Erie Erie Great Northern Hocking Valley Hocking Iowa Central Kansas City Southern Pt. Estern Lake Erie Lake Erie & Weat Nashvil Manhattan Seeneens Ian He Metropolitan Way

Dull Wall Street Mixes with Late Day Rally Tone

United States stock market closes firm after a cautious session ahead of the bank statement. Rock Island leads gains with a 2 1 2 point rise on strong November earnings, Amalgamated climbs 3% amid copper war rumors and broker buying. Banking reserves drop, loans ease slightly, and year end liquidity shifts influence trading across railroads and bonds.

New York Rock Island and Amalgamated Rock Island Brooklyn Transit Manhattan Erie Colorado Denver & Rio Grande England Germany Bank of England New Orleans Chicago Shorts Vanderbilt Railroads New York Central Lake Shore Canada Southern St Joseph & Grand Ates London Berlin Ucting Transvaal Pennsylvania Reading Brooklyn Mateama

Rates on Loans and Exchange-Clear ings and Balances

INDIANAPOLIS commercial paper at 4 6 percent. Clearings and balances listed. New York call money steady 6 percent. time money 6 percent. Sterling exchange easy. Global rates for London Paris Berlin shown. New York imports valued at $14,149,573. exports of specie and gold noted.

Indianapolis New York Prime Mercantile Sterling Exchange Chicago New York Exchange Boston Philadelphia Louis Baltimore Cincinnati London Paris Berlin

Weekly Bank Statement Shows Deviations in Money Movements

New York December 27 The statement of averages of the clearing house banks for the five days this week shows loans down deposits up legal tenders up specie down reserve down reserve required down surplus down exchange deposits down. Banks hold six million five hundred forty nine thousand five hundred dollars in excess of reserve requirements under the two per cent rule United States deposits amounting to sixteen million five hundred six thousand nine hundred. The Financier notes a wide variance between official statements and known money movements for the past five days business.

New York United States New York Associated Banks

Banks report weekly money movement shows mixed results

Unofficial figures indicate cash gains of over 300000, while banks lose 2020000 in cash and 1482400 in deposits amid a 6549200 reserve shortfall. South shipments and interior remittances rise, trust banks file semi annual reports, and rates may draw interior money despite unfavorable overall statement.

Rock Island gains drive New York market moves

Private wire summary notes heavy buying in Rock Island with strong five month and November statements showing a large annual income and high earnings. Amalgamated Copper rises on large Standard Oil purchases amid reports of a possible arbitration settlement. Atchison Wabash and Wisconsin Central post solid November results while banks disappoint.

Meyer & Kiser New York Rock Island Atchison, Wabash and Wisconsin Central Amalgamated Copper Standard Oil Boston Com Amalgamated Company Heinzes

Market closes strong amid manipulation hints

New York on December 27 saw a strong close as pools behind several issues push up their specialties. Tips circulated on various stocks and traders expect the general market to follow this strength, with spots showing notable vigor.

Granger Farwell & Co Telegram New York

Read the game laws before hunting on others land, Indiana

W. F. Jones of Marion urges readers to study state game laws before publishing criticisms of hunter rights. He argues farmers deserve protection, notes Oct 1 to Nov 10 permit rules for ducks and squirrels, and defends landowners against trespass. He dismisses "dog in the manger" policy and calls for enforcement to curb pot-hunters.

Indianapolis F. M. Black Peru Indiana Grant County Marion Robert Whites Eee Sealase W. F. Jones

Court Docket Shows Multiple Civil Actions and a Divorce

The Circuit Court list includes Joseph A. Miller’s suits against Joseph E. Harbison and others seeking damages, plus a Mary E. Sullivan vs John Sullivan divorce in Circuit Court. Harry C. Tanner seeks injunction and a receiver against Eureka Refrigerator Company in Superior Court, Room 1.

Joseph A. Miller Joseph E. Harbison Arthur Johnier Joseph Miller Glen Maria Miller J Leneroseph A. Miller Joseph E. Harvieen Circuit Court Raymond Miller Friend Joseph C. Harbison Mary E. Sullivan John Sullivan Harry C. Tanner Eureka Refrigerator Company Superior Court Room 1

Higher Courts Record Appellate Briefs and Assignments of Errors

A list of appellate court records and assignments of errors including cases such as Reserve Loan Life Insurance versus Maria Hackett, Farmers Insurance Association of Madison County versus Jesse F. Reavis, and Mary P. Golihart versus Herbert C. Sullivan, with references to Delaware and Marion circuits and additional authorities.

The Reserve Loan Life Insurance Ress Maria Hackett Madison C Diana Joseph Fordick Porter ‘S. c Farmers’ Insurance Association of Madison County Jesse F. Reavis Delaware C. C Mary P. Golihart Herbert C. Sullivan Marion C. Appel

Market Letter Details 1902 Corn and Wheat Corners

George H. Phillips notes 1902 as record year for Chicago Board of Trade with corn cornering in multiple months. He cites supply demand, Patten maneuver, weather, and high meat prices as factors behind July corn rise and December decline. Wheat and oats trends show expectations of further moves, with May corn near 43–44c and oats bids supported by standard white oats, while rail car capacity and market sentiment influence timing.

Chicago George H. Phillips Chicago Board of Trade Patten Iowa

Market Outlook for Oats and Meats Cites Waiting Drift

The note discusses price trends in oats and meat, suggesting May oats remain weak while May pork and May ribs look high. It warns that meat prices are rising but corn is cheaper, implying potential declines in all products before spring. Advises bearing May pork above 9.50 and May ribs above 8.50.

Cruel and Cowardly, To the Editor of the Indianapolis Journal

A reader condemns convict labor proposals to clothe the poor in cheap garments. The writer argues imprisonment should reform convicts and prepare them for honest work, not strip poverty of its meager options by forcing them into sweatshop garment making. The piece links the plan to organized labor opposition and calls for humane, productive sentences that aid convicts and society.

Indianapolis Journal Indiana Lfe Eco

Also Mentioned on This Page

New Long Distance Tel. Co New Telephone Co Nw Telephone Co Naw Telephone Co Delaware and Madison Counties Telephone Company Bonino Ind. Mfg. Company Harry B. Gates Fletcher Bank New Telephone No A. Fletcher & CO East Fee Aga Street Heeman Soreten Mgary John Tarrington Newton Todd Fietcher Bank Atkins Barry Sc F Manitoba En Peery Crue Parpen Eis ‘Tpelier Rameet Og Lima South Lima Charleston Megrades Costa New Wall Street Atchison General Atchison Adjustment Baltimore & Ohio Cony Colorado & Southern Consolidated Tobacco Fort Worth Denver City Nashville Unified Rexican Central Mexican Central Firet Inc Kansas & Texas New Jersey Central Northern Pacific Norfolk & Western Iron Mountain San Francisco Western Ontario & Western St. L Francisco Tia Chi St. L San Pran Inm Louls St L St. Paul St. Paul Adams United Statells-Fargoo Amarican Car & A Am. Car & Foundry American Anaconda M Mint & Ref Repo Republic Steel Dee Igements Inessee Coal & Iron Union Bag & & P. Co United States Leather United States Leather Tezes United States Rubber United States Rubber Pf United States Steel United States Steel “Bret Western Union United Box Board Treasury Statement Washington Treasury Sarin House Trust Companies Marion, Ind Appellate Court the Merchants’ National Bank United States Depository Geo. H Phillips Commission ‘Merchant Rialto Chicago Chicago Post Real Ebeer Sores Ceneauts Nayoes Tahenaaas Indianapolis Gas Company Pennsylvania Street
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