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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Jun 25, 1902
Page
10
June 24 cattle receipts show modest improvement over last week with varied prices. Hogs advance earlier then retreat, sheep and lambs trade weakly with limited demand. top cattle price $7.00, hogs around 7.75, lambs up to 2.35, with activity uneven amid shipments from traders and local buyers.
June reports from Interstate Stockyards Indianapolis and other cities show cattle receipts light with strong tone for select grades, steady on common. Hogs rise modestly with top quotes near 7.55, while sheep and lambs hold steady. market across regions remains varied with regional price ranges and several specific steers, cows, and calves listed by weight and quality.
The New York and London stock markets absorbed the shock of King Edward VII's serious illness and coronation postponement. Copper and Colorado Fuel declines unsettled equities amid bear maneuvers, while gold export fears shift liquidity from London to New York. Total sales reached 3.375 million dollars with mixed bond strength as traders weigh gold movements and credit conditions.
Indianapolis and New York show time loans at 42.5 percent and 2.5 percent respectively with various clearings and balances posted. Chicago Boston Philadelphia St Louis Baltimore Cincinnati report steadier money levels, exchange premiums, and daily clearings ranging from about $4.4 million to $276 million with balances in the millions.
London markets show money at 24 2 percent, Spanish bonds at 8 percent, and consols at 9. Paris quotes three per cent rents at 101f 62 1/4c with London exchange at 2f per checks. Berlin reports London exchange at 24m 4 1/4 pf with discount rates 1 1/4 percent and three months bills at 2 1/4 percent. New York notes bar silver at Bc and Mexican dollars. London silver bars close at 244d per ounce. Washington treasury balances show available cash and gold reserves excluding the 150 million dollars in the gold reserve.
Private wire report from New York on June 4 notes London prices dipped after news of the King's serious illness and appendicitis surgery. Market later rallied but remained dull as Vanderbilt dividends were declared and some workers returned to duty. Gold receipts from the Klondike rise, with expectations of transfers to London from Transvaal mines.
The day saw fluctuations as traders reacted to rumors about the King’s condition. Stocks like St. Paul Union Pacific and Colorado Fuel and Iron rose on Gates broker activity but could not hold gains with late selling. Public bulletins later offered more encouragement despite initial fears.
Instruments filed for record in the recorder's office for the 24 hours ending 6 p.m. June 24 1902 as supplied by Indiana Tithe Guaranty and Loan Co list numerous lot transfers, corner parcels and sublots with buyers and sellers including Buskirk to Isabella McEthennen. Louisa Shenesieler to Judith Bryan. Edward Dunmeyer to John Stow. Solomon Mossier to Herman L. Mossier. Christian Lentz to George Wickes et al. Andrew Ashworth to George Yanthis. Sheriff Marion County to Mose Kout. Fletcher Jr et al. Edward Rosemeyer to George E. Jones. various add subdivisions and northeasterly lots. total consideration 41120.38.
Property owners listed include Jackson Sense Foltz 219 J Street and Sen J Yunker 1125 Harding Street with frame cottages and repairs. Other entries note E Wilson 105 East Award for repairs, John Graham Shefield Street repairs, RB Green 1439 North Meridian airact, LW David addition 226 Minerva Street, T Cones two frame houses on Twentyory attack and Talbott Avenue, and June Connell addition 42 Agnes Street 9250. total amounts or estimates include 700 and 175 dollars.
Chicago June 24 markets on the Board of Trade were badly mixed with rumors of manipulation. July wheat and corn surged on bull talk while oats and provisions showed uneven action. Receipts and futures ranged widely as professional traders dominated moving prices. July wheat closed slightly higher and hogs hit the year’s high with strong packer activity cited.
New York June 24 grain notes report mixed closes with steady to firm spots. Wheat receipts 321% by exports 57 sales 2 570. July softness gave way to shorts scare then trims gains. corn receipts 82300 bu spot steady No 2 684gc elevator. Rye dull to steady with No 2 Western 65% f o b afloat. Continuous slight declines and upturns reflect crop news and selling for long accounts.
Quoted prices from St Louis Baltimore Cincinnati and other hubs show grains flour lard and bacon steady to higher with wheat No 2 red advancing in places while oats rye and corn hold firm. Sugar tea and spirits of turpentine cited with varied regional figures. receipts and shipments listed for flour wheat corn oats and more across multiple cities.
Certificates issued to veterans and dependents in Indiana include James F. Sands Huntington and Joseph H. Chim Ko Kore with amounts noted. Names referencing Geo W. Gilpin and National Military Nicola Washington Roer N eiseus appear among listed grantees. Readable fragments indicate restoral and reissue actions in Marion and surrounding counties.
Time table for Union Traction Indiana shows passenger and freight schedules from Union Block in Indianapolis. It lists trains leaving 4:15 a.m. hourly to 11 p.m. with limited services to Anderson Muncie and Elwood, plus connections to Elwood. It also covers passenger cars from Georgia Meridian streets and Greenwood routes with first and last car times and freight car arrivals.
A garbled OCR list names and monetary amounts linked to places and people across Indiana and nearby areas. It mentions Marion Paris Richmond Indianapolis Lakeville Fort Wayne Brownsboro Vincennes and several widow and minor notices with dollar values. The fragmentary text preserves many personal names such as Rowland Howells Sulgrove Washington Muller and Halderman with assorted sums and towns.
Washington Post recounts a fishing party with Senator Frye and Mr. Chandler aboard the Rangeley lakes. Chandler cooks a dinner mishap as rice floods the soup, leaving the cook and guests amused and the kettle overfilled. Frye jokes Chandler’s plan, while the meal ends with rice.
Postal officials in New York weigh replacing the ten cent coin with a new issue and consider avoiding a picture of Benjamin Harrison. Public opinion frames the move as unfair to Harrison's memory, while officials contend separate imagery should be used for different denominations.
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