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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Jan 17, 1902
Page
10
A Punxsutawney life insurance agent pursued a Anita man for two years. He finally arrived at 2:55 PM for a 3 o'clock appointment to discuss life insurance. The man, surprised, yielded and completed the policy application.
New York January 16 reports dull and irregular flour receipts and exports, with prices drifting lower on winter patents and various grades. Wheat, corn, oats, and coffee show unsettled or weak activity amid a softer market, while refined sugars move modestly amid steady spot positions.
The report from St. Louis dated January 16 notes flour dull with prices around 4.15 for red energy and 3% for extra fancy and straight. Timothy seed nominal, corn meal steady at 2.55, wheat lower with No 2 red on track, prices indicated but unclear. Market chatter includes dull Wren and soaked sacks and various track prices amid unsettled conditions.
The Atlanta Constitution notes Boston's paradoxes as it ships rum to Africa while lamenting the South's disfranchised Black population. It also mentions the Washington Post suggesting turning Admiral Schley into a political issue would help the Democrats but burden the admiral.
New York stock activity opened weak as urgent shorts’ demand faded and buying stayed apathetic. While some declines halted and select rails buoyed the list, overall prices remained near last night’s levels with irregular trading. Analysts cite large capital reserves ready to move if downward trends deepen, while bond issues keep speculation unsettled and the Bank of England rate stance looms over market hopes.
Belt Railway common and pref shares appear alongside Chicago Stocks and Granger Farwell and Co.s wire. American Can figures also listed in the market brief segment.
Reported clearings and balances for Indianapolis New York Chicago and other cities show varied money market conditions. Rates on loans mercantile paper call money and foreign exchange are listed with figures for bullion and banking operations across major centers.
Washington reports Thursday the general fund treasury balances excluding the $15,000,000 gold reserve in the division of redemption. Reading shows available cash figures, though the OCR text is incomplete. The notice records the balance status and indicates funds on hand.
Private wires report a day of subdued activity with commission houses minimal business. Early strength faded as Lon don quotations influenced traders and expectations of a new New York Central terminal plan pressured Manhattan. San Francisco stock surged on Broad Street buying while St Paul and Sugar failed to gain solid traction. Atchison fell as bond issues weighed on long holdings. Uncertainty over the Northern Securities suit dampened speculative appetite ahead of Saturday bank statements. Market closed fairly strong yet extremely dull.
New York January 16 The market today was largely professional with fluctuations attributed to manipulation. Some expect the late month decision on the 27th to cause only moderate changes, urging taking profits when available and waiting for declines to repurchase.
A New York Evening Sun piece humorously analyzes male shopping behavior during Christmas. It contrasts hesitant men with saleswomen guiding choices, plus anecdotes including a bachelor who lost a fiAnce over a jewelry versus book gift.
Cattle receipts 1200 with 200 shipments reflect stronger week totals, prices softening across most grades. Steers 1,0495 1,444 lbs averaged 5.75 to 6.5 with lighter cattle and cows weaker, hogs opened steady then declined, lambs and sheep steady to firm, overall market cautious despite lingering demand.
A Paris physician accuses colored stockings of causing grave health issues from violent pains to gout. He cites a Vienna doctor claiming stockings absorb skin lead and trigger vertigo. A patient reportedly recovered after switching to white stockings, while concerns over arsenic and mercury in dyes are noted.
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