Try 7 days of FREE access to billions of articles

Start Free Trial

The Indianapolis Journal in Indianapolis, Indiana

We have 10,635,812 pages in Indiana

View this page and access billions of articles with a 7-day free trial.

Start Free Trial

This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!

Start Free Trial

Cancel anytime, risk free

Not what you were looking for? Search our billions of articles

Advanced Search

Articles on This Page

This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

The Indianapolis Journal

Location

Indianapolis, Indiana, United States of America

Date

Jul 21, 1902

Page

7

Wall Street Opens Mixed as Traders Weigh Futures and Crops

Former buyers sought profits but found a weak market early, with prices drifting below last night. A stronger bank statement and favorable clearinghouse data sparked a 40 point rally, while Pennsylvanias led gains. Reading and its subsidiaries faced selling pressure despite denials. The week showed widespread speculative activity, with large capitalists and professionals driving turnover past a million shares. Strong gains in Hocking Valley Western Union and Fuller Construction highlighted continued bullish sentiment amid favorable crop prospects and robust iron demand.

Escaeasien New York Pennsylvania Ay Jay Reading Hocking Valley Western Union Fuller Construction Wall Street Chicago Wall-street Indianapolis Coal Road United States Steel United States

New York Banks Show Cash Gains and Reserve Surplus

The weekly bank statement from New York associated banks reports a $3,448,900 loan decrease and a $1,305,100 drop in deposits, with circulation up $ some, and reserves increasing by $3,108,100. It notes banks hold $15,799,275 above reserve requirements and analysts expect further cash gains if subtreasury operations persist. Publicized figures contrast official estimates with traceable cash movements, suggesting slight proof discrepancy.

New York New York Associated Banks

Financial market snapshot across major cities

Indianapolis shows commercial paper at 4.776 percent and time loans at 5.6 percent with clearings $1,905,182.76 and balances $189,485.55. New York call money at 3 percent, mercantile paper at 4.45 percent, sterling exchange steady. Chicago and Boston report varying clearings and balances, while St Louis Baltimore Cincinnati note money rates and exchange figures.

Indianapolis New York Prime Mercantile Sterling Exchange Bankers Chicago New York Exchange Boston ST. Louis Baltimore Cincinnati

London Money and Exchange Rates Summary

London markets report mixed money and exchange quotes with Spanish and Paris rentes noted. Berlin letters discuss land checks, Suez bills, and three month discounts while New York lists bar silver prices and weekly exports totaling $216,545 in specie with gold and silver sums.

London Paris Suez Mae New York Silis

New York Market Opens Higher Then Shifts to Gains

London stock prices mostly eased while N and W and Southern Pacific edged up. U.S. open showed broad strength amid active trading, with Pennsylvanias leadership lifting others as the market closed near best levels. Fuller Construction may join a business combination.

Meyer & Kiser Telegram New York London Southern Pacific Fuller Construction Company Pennsylvania Reading Common Hocking Valley

Higher prices expected for rail stocks on Monday

New York July 19 report from Granger Farwell and Co. Telegram notes a definite promise of higher prices on Monday especially for Missouri Pacific Southern Pacific Pennsylvania and Metropolitan Street railway shares. Cheaper stocks Alton and Kansas City Southern are also seen rising together.

Atchison Wwe Wissai Baltimore & Ohio Canadian Pacific Canada Southern Save Chesapeake & Oly Chicago & Alton Chicago & Altop Chicago Ind Iron Chicare, Int East Delaware Hudson Lack Rio Grande Denver & Reaver & R Erie Great Northern Hocking Valley Illinois Iowa Kansas City Lake Erie & Western Lake Erie Manhattan Louteville & Nanbynlepes Missouri New York Central Norfolk & Western Ontario & Western Pennsyivanis Louis St. Louis Granger Farwell & Co New York Missouri Pacific Southern Pacific Pennsylvania Metropolitan Street Railway Alton Kansas City Southern

Butter and Egg Markets Across Cities July Report

New York reports firm butter and 4 3 4 7 thousand receipts with varied creamery grades and firm to weak egg tones. Philadelphia notes steady butter and lower eggs while Baltimore and Chicago show steady butter and eggs. Kansas City and St Louis report steady butter, Kansas cases mild decline, and Cincinnati steady with minimal changes.

New York New State State Pennsylvania Southwestern Philadelphia Cheney Baltimore Chicago Produce Exchange Kansas City Missouri Kansas ST. Louis Savannah Wilmington Rosin Oil City Ode Lima South Lima Inana Charleston Louisville Hie

SQUEEZE IN JULY OATS AND JULY CORN RISES HIT RECORD

Chicago July 19. Oats markets surge as July oats hit a record high since 1874 amid heavy rains and harvest damage. July oats up 7c, September oats up 0.5c. July corn up 1c, September corn down 0.5c. Wheat rises on weather reports while provisions fall. Prices move on shorts pressure and scarce near months. Local receipts small, mixed futures with bear sentiment in oats.

Chicago James Patten Evanston May Sac Lo Mike Shorts Mississippi Great Lakes St. Louis Tziec Titge Minneapolis Duluth Seaboard Glee Fil&ec Wip@ile Ing. Uly Orig Naguly

Market Report Busy Wheat Prices Across Cities

New York reports keep steady and firm notes on flour and wheat with receipts and exports tallied. Prices shown for winter patents, Minnesota patents, and No 2 red wheat appear alongside futures, cash quotes, and regional variations across multiple cities, including Duluth, Minneapolis, Louisville, and Cincinnati.

New York Minnesota Brandywine Duluth Sec Manitoba Stau Pacific Coast Galveston California Texas City India S. A Japan C. Molasses New Orleans Ua Niet Cordaves Eae St. Louis Liverpool London Pa Coast Bacon—Cumberland Sts Louisville Baltimore Kansas City Toledo Cincinnati R&c Minneapolis Wigcom Northern Milwaukee

Molasses and sugar prices from refined to confectioners items

The list details various sugar and molasses products with grade identifiers and unit prices including centrifugal, 9% test molasses, Nos. 6 to 10 refined sugars, confectioners sugar at 445c, mold sugar at 490c, cut loaf 16c, crushed 15c, powdered 47sec, granulated 4.66c, and cubes 4.90c.

Also Mentioned on This Page

United States Depository Maryland Trust Company Kirby Lumber Company Houston Oil Company John G. Johnson Brown Brothers & Co C. Granger Farwell &Co la Salle St Lombard Building Union Surety Capital National Bank Indianapolis Street Railway Union Traction New Telephone Newton Todd Fletcher Bank Union Stockyards W. J. Holliday & Co Associated Banks OF City OF New York New York City First National Liberty National Aeresaeee New York Produce Exchange New Amsterdam National Bank Astor National National Bank of the United State Treasury Statement Washington Treasury General Fund Bank of New York, N. B. Manhattan Company Mechanics’ National Merchants’ National America Phenix National National City Chemical Natio Pease Oe Exchan E National Gallatin National Ane Ned Eens Mercantile National - Or Pacific Chatham National O - People’s Enceetares National Bank of North America Hanover Nation Thee Irving National Ee - National Citizens Nassau Wees Market Fulton National National Shoe and Leather Oriental Corn Exchange Pseer Importers’ and Tre National Park East River Nation Weewa New York County Nationa Fifth Avenue Lincoln Garfield Fifth National Metropolis West Side Rene Leenenes St. Louis Southwestern Tom St. Paul Tees Southern Railway Texas & Pacific Toledo, St Union Pacific Union Factta Wabash Wheeling & L, E Wheett & LL. BE. Td Wisco Central Wisconsin Central Adams A Express Wells-Fargo Br American Amer Amer, Smelting & Rewin American Anaconda Mining Co Brooklin Rapid Transtomy Colorado Fuel & Iron Consolidated Neral Elect Hocking Bi International Paper International Power Ee National Biscuit Union Union Bag & F ‘Co Ted States U S United United States American National Bankapital National Bank Columbia National Bank Indiana National Bank Indiana Trust Company Marion Trust Compane Merchants' National Tack Anes Indianapolis Street-railway Mt Belt Railway Indiana Hotel Sneimse J.T. Polk Co National Biscuit Mexican London Price Trade In” General Wool New Zealand America South Victoria South Zealand Cape of Good Natal New South Wales Queensland Australia Cape of Good Hope Punta Aernas Lée Otis Satpany Hale Southern Metals Baker-Vawter CO J.C. Copeland Indiana Special Bank and Trust Company Stevenson C.a.green S. A. Fletcher & Co.’'S Safe Deposit Varait East Washington Street S. Tarrington
Search Courier

Search the The Indianapolis Journal Today with a Free Trial

We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.

Not Finding What You Were Looking for on This Page of The The Indianapolis Journal?

People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!

Looking Courier

Browse Newspapers

You can also successfully find newspapers by these browse options. Explore our archives on your own!

By Location

By Location

Browse by location and discover newspapers from all across the world.

Browse by Location
By Date

By Date

Browse by date and find publications for a specific day or era.

Browse by Date
By Publication

By Publication

Browse old newspaper publications to find specific newspapers.

Browse by Publication