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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Jun 20, 1901
Page
7
An advertisement invites the public to open an account today at the Indiana Trust Building corner of Washington Street and Virginia Avenue. It promotes banking services and convenience for customers in the area.
A M Fletcher banker seeks accounts of banks, bankers, corporations and individuals for solicitation.
A volatile trading day saw heavy speculation and liquidations as bears cover shorts. Colorado Fuel plunged seventeen points amid doubts of absorption by United States Steel, while St Paul and Union Pacific moved on related rumors and rights offerings influenced late-day activity.
INDIANAPOLIS reports commercial paper at four and four fifths percent, time loans, and clearings with balance figures. The segment notes general rates, last loan figures, and a prevailing ruling rate around two percent amid unsettled market conditions.
Chicago wires report September wheat eased after a day of mixed signals from weak foreign markets and robust export demand. Corn and oats edged up while provisions drifted lower. strong local buying, shorts covering, and ongoing rains in the Southwest influenced prices. Cash and export demand supported the market at times, with receipts and shipments detailed for wheat, corn, oats, and hogs.
New York reports a softer grain session with corn and oats under selling pressure amid bearish crop news. Wheat and corn futures eased as exports and spot prices drift, while thin demand and short covering limited gains.
Japan molasses steady in New Orleans market as roasing coffee demand lingers. Rio steady with No 7 invoice. mild oil in Cordova trade listed. Sugar raw steady with fair refining at 9 1 2 percent centrifugal. refined at about 14c per pound.
A整理 of Chicago and regional price movements shows Wheat and Corn futures steady, Flour values mixed, and Oils and Metals trading with modest firming in some regions. Notable quotes include Missouri and Baltimore markets with mixed receipts and varied commodities including wheat, corn, lard, butter, and cotton products across St Louis, Baltimore, Cincinnati, Chicago, and New York.
Births list Charles and Pearl Lawton at 515 Keystone Avenue a girl George and Emma Flick at 1505 Barth Avenue a girl Charles and Mattie Muller at 1909 Barth Avenue a boy William and Eliza Lange at 322 Temple Avenue a girl Henry and Hannah Richardson city a boy Dennis John R. Jolly at 23 Bismarck Avenue an infant Cremandes aged forty one Prospect and Orman Madeira streets accidental gunshot wound Marriage Licenses Hall and Katherine Cook Bertha Anders and Bertha Young Chris William and Blora Beasie J. Trittigso Frederick A. Meddama and Ola M. Anderson Charles H. Kuehrmann and Caroline Rugenstein Albert Andrew and Clara Ritter H Bowlby and ante Willett tie D. Pierce and afe S Pender James West and Eli eh Lawrence Gashlee and i eee
Hogs fair with gains 2 to 5 cents. cattle and sheep mixed. Receipts noted with multiple price quotes across steers, heifers, cows, calves, hogs and lambs. sales varied by grade and weight. Export and local demand described as active with some markets showing strength over yesterday.
Summer dullness grips local trade with only slight lines affected as yet. Grain movement disappoints dealers while leather and dry goods show mixed signals. Hides cheaper a year earlier, but rising prices tempt better buying. provision and coffee markets stay steady.
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