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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Jul 23, 1901
Page
7
Bankers receive deposits subject to draft and dividends collected and remitted. They act as fiscal agents for corporations and negotiate security issues of railroads and other companies. They deal in government bonds and other investment securities. They solicit accounts of banks, brokers, corporations and individuals.
A 24 hour record from the Indiana Title Guaranty and Loan Co lists numerous property transfers in Marion County. It cites Lot 34 Hogahire Sims & Smith addition near Woodlawn and Nelson, parcels in Decatur township, Arsenal Park and Jackson Park areas, plus various tracts in Meadowdale and Fletcher's additions. Several sales involve trusts and heirs, with prices ranging from 50 to 2,500 dollars, and includes improvements such as houses, a church, a bank repairs, and a framing. Names include John P Powers, Newton W Alexander, Mary Morgan, Geo W Brown, Elizabeth Landes, Thomas Clapp, Harvey A as s heirs, John Meek, C & Rachel Rae, Francis Ford, Hugh Middiesworth, Martin & McCarty, Eva Middier-Worth, and Laura Perkins, with references to local streets and blocks across Indianapolis neighborhoods.
Chicago grain pits ignite as drought news from the prairies sends corn up sharply and wheat and oats follow. September corn and oats rise strongly, with leads from higher cables and drought damage reports. Provisions also climb while pork, lard, and ribs firm amid robust demand and heavy trading.
Trade in General lists flour and grain prices across St. Louis and Baltimore with wheat corn meal and pork figures, plus receipts and shipments. markets in Louisville Cincinnati Chicago Kansas City Liverpool Toledo Milwaukee New York and London are summarized with varied prices for flour wheat corn oats and dairy goods. individual city quotes and commodity movements indicate mixed activity and price firming in several centers. Major entities include St. Louis Baltimore Louisville Cincinnati New York London and Liverpool, with prices for flour, wheat, corn, oats, rye, lard, bacon, butter, eggs, cheese, and spirits of turpentine, rosin, and wool noted.
New York produce exchange tallies visible grain on Saturday July 20 with wheat at 61 0 bu down 27 000 bu corn 13 262 000 bu down 825 00 bu oats 6 341 100 bu down 1 080 000 bu rye 443 om) bu down 104 000 bu barley 341 000 bu down 50 00 bu
In New York on July 22 a crowded corn ring watched prices surge as hot dry weather and West Coast reports push speculative buying. Wheat followed, trading higher after earlier declines, with corn advancing to lead daily gains and foreign buying lending support.
Pensions for veterans and new certificates issued to named individuals across Indiana. Notable entries include Baum Laporte Wilson Jonesboro Conner Bedford Gortner Laconia Samuelson Porter Winslow Fairmount Sigerfuchar Clarkeville Skelton Tennyson Taylor Vincennes Taylor Pernell Fitch Cunningham Stewan Jenkins Greenawart Kyle Terre Haute with varying payment amounts recorded.
New York July 22 The unsettled mood on the stock market opened with unfavorable corn crop news boosting fears for spring wheat. Grangers Pacifics and Southwesterns fell as large blocks traded, Union Pacific seeing up to 10,000 shares sold. Traders watched a close relation between grain and stock floors on Produce Exchange, with some late-day rally as contracts were rolled over. Numerous losses appeared across railroad and related shares, while United States Steel remained narrow and bonds dull. Total sales were 2,255,000 at par. bonds unchanged.
Indianapolis Union Stock Yards reports cattle receipts about week-ago levels with steady prices for extra prime and good steers, mixed lots, and light sheep and hog demand. Hog sales range from 5.55 to 6.10, with most loads near 5.92, while sheep and lamb trading remains limited and steady. Chicago and St Louis show similar steady or firmer tone with varied cattle and hog quotes.
A quoted market summary notes heat and dry weather curb business across many lines, with higher prices expected for flour, lemons, watermelons, apples, and greens. Grain activity remains strong, while hog products stay in steady domestic demand and export quiet.
Indianapolis markets show commercial paper at 1 percent and time loans at 3 8 percent with balances around 63 827 54. New York call money steady at 2 to 3 percent amid test loan activity, prime mercantile paper noted.
New York and regional markets show cattle receipts high with steers and cows varying in value. Hogs mixed to strong in western markets, with top prices around 5.75 to 6.20 per unit. Lambs and sheep steady to lower in several regions, calves weak in some districts, and bulls and stockers fluctuating amid strong overall activity.
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