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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Jul 19, 1902
Page
10
The Indianapolis Union Stock Yards reports light cattle receipts with weak demand for fat steers and steady to mixed prices for cows and heifers. Hog receipts total 600 with a softer market early, buyers active for lighter weights but overall prices unsettled amid limited demand.
Interstate Stockyards at Indianapolis reports no cattle receipts or shipments. Prices show steady to higher trends across regions. hogs strong with light weights selling up to 7.75 and heavy hogs at 8.00, sheep and lambs steady to firm, calves varied, with cattle and stockers mixed in tones of firmness and slight shifts in value.
Certificates issued to veterans and dependents across Indiana list recipients including Sylvester Justus Greenwood Ariana Hickson Eagletown James Stackhouse Etna Green David Miller Coal City Edward D Kelly Sullivan Jackson Evans South Bend Charles J Hulbert Elkhart James F Ellis Terre Haute Hata Richmond Andrew Minxell Herrell Martin L Kistler Ross Willem H Goldsmith Lebanon William P Swope Mack Wheeler Pittsboro Alexander Doneen Belleville William T Cora New Castle George A Clipper New Albans Thomas J Lutterworth Genepert Samuel Tucker Princeton and widows and dependents such as Sarah Hurt Coe Liszie McDoneld Jeffersonville Martha A Roberts Maples Martha J Galger Washington Sophie Iwinsinger Tell City Abigail Lewis Indianapolis and others listed with varied grant amounts.
A distinct earthquake was felt in Malone at 5 this morning lasting about ten seconds. Many residents were awakened by rumbling and rattling windows as the tremor spread through the area.
A wild day in Chicago grain pits driven by heavy rain in the Southwest and a rush to cover July oats. July oats close up sharply at 54% with September oats higher. wheat and corn also rise amid rains, weak receipts, and fears of shortages. Provisions swing on hog market cues as traders chase contracts and support from bullish cash demand.
Wheat led an early surge in July futures on weak grades and West rains with shorts covering and a steady close. July soybeans and other grains firm on West rains and better cables, then eased. Oats receipts up, spot values firm across grades. Beef and pork steady, rice firm, sugars steady, molasses steady.
New York July 18 Wheat receipts show 18 017 bushels with 4 970 bris exports as market remains fairly active and steady. Rye flour quiet to fair, corn meal steady with Western yellow at 1.32 and city at 1.40. Barley nominal. wheat receipts listed at 250 bushels, futures 5 000 bushels, spot steady with No 2 Western and state figures noted.
Across St Louis Louisville Toledo Kansas City Cincinnati and Milwaukee wheat waxed or steadied while corn oats and rye varied. Spot and futures quotes show No 2 red and hard wheat at about 71 to 74 cents, corn around 63 to 68 cents, oats near 47 to 58 cents, and rye around 64 to 70 cents amid receipt and shipment data from multiple exchanges. Rumors of Patents and barley in Milwaukee and Minneapolis noted with regional price ranges and notes on dairy and pork markets.
New York on July 1 reports Butter receipts 5 555 packages and 17 18? for creamery. Cheese receipts 2 926 packages with steady market. Philadelphia shows butter steady 21 1/2 to 22 1/2 cents, eggs mixed. Boston notes wool trade active with firm prices and large sales. Boston stock and shipments figures given. Other cities report mixed butter, cheese, eggs and wool prices, with steady to firm tones in Chicago and St Louis. Newport and Charleston brief notes on spirits and rosin.
Cotton markets show firmer tone with quieter demand across fabrics. Prints and linens held steady or eased modestly. ginghams scarce but firm, burlaps steady yet neglected by buyers. New Orleans rates show steady prices with mixed middling grades and modest sales while metals bounce, with lead firm and speller stronger.
In New York on July 18 the stock market posted another animated session with aggregate sales surpassing one million shares. Pennsylvania and allied railroads led gains while coal carrier stocks attracted demand amid forecasts of crop prosperity and ample money resources. Banks saw cash gains above 4 million, and New York Exchange rose modestly.
Marion Trust Company Merchants' National Bank Security Trust Company Union Trust vs Bid Indianapolis Street-railway bonds Citizens' Street-railway plans Belt Railway common Belt Railway pref Indiana Hotel Indianapolis Gas bonds L & E. Traction bonds gold pref T. B Laycock Co pref Me Te Seik J. T. Polk Co Tp pref stock Chicago Stocks Granger Farwell & Co American Can Can pref National Biscuit Can pref Diamond Match
Commercial paper rates in Indianapolis and Chicago reflect time loan and mercantile terms while New York money on call holds at 2 to 3 percent. Sterling, Paris and Berlin exchange shifts observed with clearings and balances listed for Philadelphia St. Louis Baltimore Cincinnati and other hubs.
Washington reports Friday treasury balances in the general fund excluding the $15 million gold reserve. Available cash balance totals 3199,285,710 with an additional 101,042,900 noted in the division of redemption.
Private wire reports from Meyer Kiser in New York on July 18 describe a strong opening with growing undertone and broadening gains. Profit taking centers on high priced railway stocks while lower priced issues advance. optimism persists about no sympathetic strike and favorable crop reports. Sentiment leans toward higher prices next week with end of day activity likely to push values higher amid anticipated thin turnover.
A letter from a reader in Indianapolis argues interurban streetcar lines should be taxed for the benefit of streets they use. The writer condemns freight cars on urban lines, notes street damage on Massachusetts and College avenues, and calls for compensation and resurfacing to address local annoyances. The letter is dated July 13 from a resident identified as A SUFFERER.
Passenger car schedule from the Indianapolis and Greenfield Rapid Transit lists first car on Meridian streets with departure times from early evening to 10 pm and last car returning. Height cars arrive at an unspecified LH location, with arrivals around 2:30 pm and departures noted. Evacuation and express cars run from Georgia and Meredith streets with a 3 pm timetable and related stops.
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