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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Jun 27, 1903
Page
10
Union Stockyards Indianapolis June 2 cattle receipts and shipments show a week’s totals about 700 higher than last week and nearly 4 percent above the year ago. Today's sales were modest with no clear price gains as buyers held back. stockers and fat cattle sold near steady, with higher prices for select stock.
Cattle and hog markets across St Louis Chicago Kansas City and Omaha show mixed demand with steady to higher trim in hogs and variable cattle prices. Receipts vary by region as buyers hold offerings with competition lifting late sales and lambs and sheep posting steady to strong prices in several reports.
Grocers and iron and steel merchants report a busy trade with liberal orders from country merchants and large home retail purchases. New Irish potatoes, Texas and Kentucky stock, cabbage onions and beets are plentiful. Cucumbers sell at 40 cents a dozen. apples are plentiful but small. lemons in large supply. Prices firm on most items. grain receipts liberal with rising prices. wheat and cereal foods strong. Wagon market steady with high prices. hay in good supply.
Prices for wagon loads list oats per ton at 9.12, Timothy hay 11.50, mixed 3.50, clover 6.00, straw per ton varying. Poultry prices include turkeys, fowls, ducks. Butter, cheese, and wool prices shown. hides and tallow quoted as No. 1 at 4 cents and No. 2 at 4 cents. Local dealers offer wagon lots of varying grades and weights.
New York stock dealings were slim with narrow fluctuations. Sentiment mixed on grain hopes and cash gains from week currency movements, while Pennsylvania stock drew attention amid looming semiannual settlements and underwriter interest.
A fragmented roster shows certificates issued to many individuals with varying amounts, including Joseph Low, Jesse A Hays, George Phelan, Joseph Caldwell, John T. Doke, Jacob Hose, James Adams, Mc Kensie Abrams, James Thomas, Jonathan Carey, Alansing M Le Masters, Madison Parton, William Conover, Florentine Roy, William T. Leggett, William M. Voorhees, Charles R. Milburn, Owen Watts, Thomas H D Hosier, Jerome D. Moore, Williamson, Mayberry Marker, Noah Berkey, James H. Fields, John Freyberger, Duane D Stilwell, Samuel Gayieas, Benjamin F F Bridges, Joel H. Knight, George W Hazleweor Jonathan Harris, Henry J. Goodman, Johns John Leons Shaw, Clara D Hooper, Neilian We van zest, Christian Cook, John M Swain, F M os M er, Jeme R ier oh eras, and others, with amounts ranging from 0 to 55 dollars.
Indianapolis clearings 298563.53 balances 251263.81. New York call money 2 2 1 2% firmer time money 4 6 5 gross prime mercantile paper 5 5 percent. Sterling exchange firm 4 70 demand 4 58 4 58 percent. London money 2 3 percent. Paris 3 percent rentes 96f 6c. Berlin London exchange 0 m 40pf. New York bar silver 52 c. Treasury balances available cash Gold 230575928 102194925.
Chicago June 26 Liquidation dominated grain and provision pits as weather reports sparked heavy selling. July wheat fell while September rose. corn and oats declined with heavy opening pressure from Winnipeg and North Dakota Minnesota rains. Noon demand from the Southwest helped recover some losses. July closed down 2 to 3 percent, September gained modestly. Provisions remained weak amid light demand and heavy grain liquidation with pork and lard dropping. Receipts and futures details follow with mixed daily ranges and notable price moves.
New York grain market closes firmer with steady demand after a notable rise. Flour receipts and exports reported. winter patent prices listed around $44 to $?. Minnesota patents and rye flour also noted with ongoing activity.
Wheat futures opened weak on rain rumors in the Northwest and heavy harvest talks, then rallied on rain denial and short-covering before closing easy with a Benenet decline. Corn and oats followed mixed paths. corn steadied with wheat shifts, oats firmed late. Rice, sugar, coffee, and pork prices moved modestly, with spot grains showing varied firmness.
June 26 market roundup across T Louis Cincinnati Kansas City Liverpool Duluth Minneapolis and Toledo with prices for flour wheat corn oats rye and related goods. Notable quotes include No 2 hard wheat at various bids, Timothy seed steady, whisky around 1.30, hay prices near 11-12, and shipments of flour and grains reported.
June market reports show butter steady to firm across New York Philadelphia Chicago and other cities with varying creamery and print grades. Cheese prices steady to easy while eggs rise in St Louis and Kansas City poultry remains mixed with some regions noting firmer activity and regional price fluctuations. Oil and turpentine reports mark mixed balances with small shifts in spot markets.
The New York market shows signs of continued gains with buyers active and metals steady. A mix of price movements appears, while mentions of commodity sales and general store trade in St. Louis are noted alongside a humorous exchange about breakfast cereals and ancient myths. The Ohio Cold Storage and Terminal Company is incorporated in Albany with principal offices in New York City.
G Dun & Co reports no outright business downturn but uncertainties cause conservative buying. Poor weather delays clothing and dry goods sales, while railways show June earnings up 10.2 percent from last year and 17.4 percent from 1901. Steel prices steadied with limited further cuts. foreign demand and imports influence outlook as production tightens. Weather across regions dampens retail activity and crop progress, with mixed signals on future activity and seasonal inventories.
The Black Diamond reviews the Western coal trade noting improved inquiries for stocks, firmer prices for spot coal, and scarce on track supplies. Anthracite faces weekly pressure for supplies across rail territory, with demand stabilizing for future delivery. Bituminous cannel coal acts as a price influencer, and Connellsville coke prices drop sharply while gas coke remains steady amid light receipts.
Bradford clears indicate Indianapolis total of 6 567 742 for the week ended June 2 with a 22.5 percent gain over the year. The report, compiled by Bradstreet, lists increases and decreases for principal cities compared with the same week last year.
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