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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Jun 27, 1901
Page
7
An advertisement touts opening accounts anytime with a capital of 1000 dollars and surplus of 5 dollars, claiming stockholders owe 1060 dollars and total funds exceed 2 million for fidelity. Encourages opening an account to earn rapid interest.
A M Fletcher banker conducts general banking with deposits subject to draft. He collects and remits dividends and acts as fiscal agent for corporations. He negotiates security issues for railroads and other firms, deals in government bonds and investment securities, and solicits accounts from banks bankers corporations and individuals.
New York June 2. Stock prices showed wide mutations amid a soft market and unsettled sentiment from yesterday’s banking disturbance. Despite occasional advances, selling pressure grew as money rates rose above 6 percent and liquidity tightened. St Paul Union Pacific Manhattan led declines, while London Berlin exchanges steadied on bank news. Clearing house signals eased fears, and the day closed dull but firm with mixed recoveries in many names.
Chicago June 26 Wheat gains fractionally on higher cables and export demand. September corn closes higher while oats up and provisions down. Local selling, hedging by South-western houses and short covering shape the late-session rally. Export clearances steady, receipts mixed. market trades with cautious strength mainly on export prospects.
United States money markets show call money at 4 to 5 percent in New York and raised mercantile paper rates. Clearings and balances across major cities are listed, with London and Paris money markets noted and Treasury balances in Washington detailing available cash and gold reserve figures.
A chaotic OCR stitched together market snapshot shows flour, wheat, corn meal, and bacon prices across St Louis Baltimore and other markets. It notes flour dull, wheat firm, oats and corn varying by location, and wool markets in Boston improving with large weekly sales and rising prices.
Union Stockyards Indianapolis June 26 cattle receipts fair but not liberal for a Wednesday market. Cattle prices held steady on top stock and exporters. hogs declined about 2c with many sales 5c lower than yesterday. sheep and lambs show general strength but some grades softened. Horses market steady. several buyers and shippers present with a good clearance and firming prices overall.
Thomas J. Rogers, to wed Miss Inez C. Plank, shot himself at the intended ceremony time in Clarinda Iowa. He died an hour later after spending nearly all of a $12 inheritance from his father, leaving about $100.
Ex Governor Jones proposed a separate article for dependent family members of sheriffs killed defending prisoners, granting damages against counties and courts against mobs. The committee on county boundaries reported material changes allowing territorial expansion similar to West Florida purchases and enabling Legislature to redraw counties with a two thirds voter mandate.
Interstate Stockyards Indianapolis June 24 cattle receipts small shipments and steady demand with prices around 6.50 to 6.99 for various cattle. Hogs receipts 1,600 with active, steady demand and best heavies at 6.15. Sheep light receipts and steady with spring lambs about 7.2 per head and sheep near 2.54. Chicago market notes cattle receipts 20,000 with choice steers steady and fancy steers around 4.65, plus broad coverage of grain, fruit, vegetables, and wholesale prices across numerous commodities and shipping trade.
Receipts and prices across major markets show mixed to firm cattle and hog values. Texas, Kansas City, St Louis and South Omaha report varied steers, cows, bulls and heifers with top prices near six dollars for select lots while lighter grades ease. Sheep and lambs mostly steady to active with spring lambs stronger in some spots.
The Tribune reports a German firm, via the Washington embassy, was ordered to design a yacht about 140 feet long resembling the Induna American Emperor’s yacht. Details on crew and other specifications remain undecided as designers have carte blanche. Also noted is the seven year old daughter of Clark Boatman who was struck by lightning and killed near Gallipolis, Ohio.
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