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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
Jun 14, 1903
Page
10
A major European institution is praised as unique in scope and influence by officials familiar with its activities. The organization reportedly operates across multiple sectors, coordinating policy and research initiatives with wide international reach and notable leadership.
Pittsburg Chronicle Telegraph quotes James R. Brown of Pittsburg Lake Erie on the need for a clear mind in locomotive engineering. He warns that alcohol, domestic troubles, or gloom can cause wrecks, cites personal recalls from 34 years in service, and notes Brown’s career with Panhandle, Baltimore and Ohio, then Pittsburg Lake Erie, with trains 23 and 14. He lives in Youngstown.
In Good Housekeeping Dr Thomas G Wood argues that vigorous work without rest drains joy and vitality. He praises vacations for replenishing life, inspiring sermons and stories, and preserving the ability to engage with family, friends, and children. He cites his own works and notes some forget how to relax.
A Washington Post naturalist explains the garden spider in vivid terms. He describes the spider’s eight eyes, powerful mandibles, and venom akin to a rattlesnake. The web is built from glue like threads spun rapidly, forming a cable used for descent and ascent, with the female laying eggs and a white envelope to protect them.
Special to the Indianapolis Journal reports on the ongoing effort by Wall Street critics to determine why securities values have fallen so sharply this year. The piece notes heavy liquidations by big interests, political factors touching Roosevelt, and strategic buying by Standard Oil interests to steady declines, with speculation rife about a future truce among major factions and potential reorganizations of the International Mercantile Marine.
Rev Rideout describes a centuries old African gourd drum telegraph used by Basutos and other tribes to relay war and peace messages. Guards drum at five to eight mile ranges, passing signals village to village with little delay. News of battles traveled faster than field telegraph during the Boer War, revealing rapid intelligence reach.
Stock market ends a volatile week with a sharp retreat after days of recovery. Banks report strong earnings cues while investors profit on holdings, selling into rallies as concerns of liquidity and margin pressure grow. Reading and Baltimore & Ohio rise on earnings hopes, while overall declines reflect cautious sentiment and widespread liquidation.
In Indianapolis commercial paper at 49 percent, time loans at 56 percent, clearings 1 178 850, balances 317 775 18. In New York call money nominal with no loans, time money firm at 4 percent, 6 months, 4 1 2 percent. Prime mercantile paper at 5 1 2 percent. Sterling exchange steady with bankers' bill actual 4 47 45 for demand and 4 44 70 for sixty days.
London money shows 2 2 percent discounts with various rates for merchants, Paris quotes three francs per cent, Berlin provides exchange on London with checks at MM4. Specie and merchandise movement reported. New York imports and dry goods on York Street showed weekly values around 12,466,319 dollars.
Speculators who profited on weakness yesterday fled to profits but faced a larger bears with strong bull backing from Savers and interests taking the bull side. With money abundant and bank statements weak, market sentiment shifted to bulls and prices rose. Crop conditions and a quiet week capped activity as traders watched London prices.
The reaction after today’s excellent bank statement was profit taking and not a sign of weakness. Sentiment remains confident that material declines are unlikely. Sterling exchange remains weak with offerings on foreign stock and aid money. Cotton speculation resumes with new records, affecting the securities market only to the extent of general impact.
A Philadelphia Record account details attar of roses, its Persian origin from the damask rose, and the simple steam distillation process. The chemist notes its potent scent and how the oil rises with steam, condenses, and returns as a pure rose essence, valuable for its pleasing odor.
The Hartford Courant discusses a Wheat report this year showing a record yield of 7,780,000. The euro is mentioned as a factor for those who have faced high costs, with commentary on financial impact for families and children amid ongoing economic concerns.
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