Cattle Market Mixed at Union Stock Yards Indianapolis
Cattle receipts small with week showing a 450 head drop versus last week and a 400 rise from year ago while hogs decline about 1 6 0 0 and sheep steady. Prices moved upward early then slipped. best fat stock 3 6 for steers and 3 15 for heifers, while hogs topped at 6 45 with varied lots sold around 6 20 to 6 40. union stockyards Indianapolis and interstate stockyards report steady to firm tone amid tighter supplies and strong packer demand.
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Totals from New York Clearing House and Money Markets
A financial roundup reports New York Clearing House weekly clearings at 1 313 238 866 58 with 67 240 182 62 balances, and March 5 1902 clearings at 1 345 204 903 21 with 63 095 956 53 balances. Other cities show varying money rates, balances, and exchange, including London and Paris, plus specie movements and treasury balances totaling 175 691 562 available cash.
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Weekly Bank Statement Shows Declines and Tension
New York report for the week ended today details declines in loans deposits reserves and surplus while circulation and specie fall. A $21.3 million drop in deposits accompanies a $14.32 million loan decrease and a $6.1 million reserve reduction as banks face monetary pressure and ongoing treasury movements.
Private Wire Advices Market Dulls Then Rises On Bank Report
New York March 15 The market opened dull before the bank statement but found an undertone as banks lost about 6000 in cash while loans fell over 14.4 million and deposits declined over 21.2 million. Despite cash loss, surplus shrank modestly to 3.112 million from 10 million a year ago, lifting sentiment to near the day’s best prices. Manhattan remained active and strong amid liquidation. Favorable Southwest crop news spurred Missouri Pacific and Rock Island gains, with Rock Island capital reportedly to be doubled, sending prices to highs.
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Market Ends Stronger After Surprising Bank Report
New York March 15. The unexpectedly good bank statement lent strength to the market at the close. Investors took profits in quarters where purchases aimed to beat grim expectations, while traders expect a better start to next week, though overall activity remains highly professional and driven by greed in special issues.
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Granger Farwell & Co
New York
Grain Prices Inch Up On Wheat Decline And Cold Wave Hopes
Chicago March 15 Natural reaction from yesterday's wheat liquidation along with strength in coarse grains and forecasts of a cold wave kept all grains firmer. May wheat rose above yesterday's close, while May corn and oats also gained. provisions edged lower. Receipts and shipments showed steady activity as traders covered shorts and producers held offers firm.
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WikGtte
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Grains Once More Show a Small Ad nee-Hides Are Steady
NEW YORK, March 15. Flour receipts 16 400 lasts, exports 11 163. Market dull and a shade eastward. Winter patents 4.30 to 4.60, winter straights 2.9093.10, Minnesota patent 1.8594.10, winter extras 3.15 2. Rye flour dull, fair to good 3.58 4.40, choice to fancy 8.7. Corn meal steady yellow Western 3L city 130. Brandywine 2.56 0 3.60. Western car feeding.
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New York
Minnesota
Tc F. O. B
Grain and meat prices move in scattered March markets
Trade in St. Louis reports dull flour demand with transparent notes on red winter patents and Timothy seed. Wheat and corn futures show varied gains and cushion. bacon and meats hold steady while dry goods edge higher. Liverpool and Baltimore markets mirror mixed commodity activity across flour, beef, and oats with regional price spreads.
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