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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Jan 01, 1903
Page
10
Indiana Trust Co. advertises a savings plan paying 3 percent interest on deposits of one dollar or more. The full amount deposited, including interest, can be withdrawn at any time with no deductions. No regular deposit amount is required.
Across major markets the week ends with mixed results as hogs and cattle trend lower in some regions while sheep and horses show modest activity. Receipts are light in Indianapolis with a general decline in prices for most classes, though top cattle and select hogs hold firmer quotes in New York and Chicago.
New York December 31 Dr Lorenz orthopedic surgeon from Vienna sailed today for England. Also aboard were John Dillon the Irish leader and Mrs Dillon sailing for unspecified destination aboard the same voyage.
Financial round up shows Indianapolis reports commercial paper at 4 6 percent and time loans at 5 6 percent with clearings of 2 424 937 80 and balances of 453 269 11. New York firm at 9 12 percent call money, 9 percent time money, mercantile paper 6 percent. sterling heavy at 4 86 50 4 86 56 for demand.
From London Paris Berlin New York and Berlin financial quotes list money counts discount rates and exchange. Three per cent rentes and Consols trade around set fractions while London checks earn 2% discount and silver bars hold at 224 pence per ounce. Mexican dollars fetch 38 and a quarter cents.
Washington customs figures show imports of gold and silver at 10.5 million dollars with merchandise imports totaling 495 million versus 555 million last year. Duties on merchandise reached 179.1 million an 18 million rise. New York subtreasury receipts and payments totaled 3.43 billion, down from last year. Customs receipts stood at 187.5 million, up over 20 million. Interest payments were over 5 million less than 1901, while enamel payments topped last year. Currency and coin movements reached 169.4 million, about 16 million above last year.
New York December 31 Bradstreet will report the 1902 failure record as favorable despite crop shortages strikes and reduced foreign trade. Nine thousand nine hundred seventy one commercial failures with liabilities of 105 million and assets of 4.87 million reflect a 6.4 percent drop in failures and an 18 percent fall in liabilities from 191.
Prices edged downward with May wheat slipping to around 76? and corn down about a half to three quarters of a cent. Oats eased slightly, provisions mixed as hog receipts rose and shorts covered in January products. Bearish government crop data and light demand kept overall activity modest and prices near the day’s bottom.
Chicago trading was dull on December 31 as markets drifted lower despite higher cables. Goods moved slowly due to car shortages, with wheat strong only in cash demand while corn shows weakness on fears the government crop estimate will confirm large outputs. Oats stayed active as holders anticipate profit taking, and pork lard and ribs may offer profit at current prices. In St Louis, Thomas A. Cleage sealed a December corn deal at noon, settling at 46 cents per bushel on all contracts.
A roundup of commodity quotes and shipments across U S cities including St Louis Louisville Cincinnati Toledo Baltimore Duluth and Minneapolis. Wheat corn oats rye and barley prices appear with bids receipts and on track figures, plus notes on flour and meat markets.
New York reports butter receipts 3,499 packages with market firm creamery varieties and varied prices. cheese receipts 2,265 packages with multiple grade quotes. Philadelphia notes butter firm demand and cheese prices. Baltimore and St Louis show varied butter and egg quotes. Kansas City and Cincinnati list fresh Missouri stock and local prices. New Orleans reports cotton steady. Boston and New York summarize general business activity and textile outputs.
Across New York to Chicago and St Louis on December 31 and December 1 to December 3, poultry prices show firmness for hens springs and turkeys with varied cents per pound quotes. Regional reports note steady to firm trends in dressed poultry and small movements in wool and metals markets.
Real estate transfers filed for record in Marion Indiana for the 24 hours ending 5 pm December 31 list numerous deeds. Names include Fred D Stilz Edward Sickel Walter Perkins Theresa Universal Amelia Graves James Somerville Albert Henderson Horace Smith and others with properties in Indianapolis Kanapolis and surrounding areas. Total consideration shown 963456.85.
A fragmented list shows certificates issued to individuals including James C Calderwood Louis Taylor Charles W Davis James Hughes John Dessert and John Bowman among others with various monetary amounts and locations such as Indianapolis Huron Salem and Shelbyville, reflecting a statewide record of certificates issued.
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