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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
May 04, 1901
Page
7
The editor hails trust companies as the future for executors and trustees noting their accuracy intelligence conservatism and permanency. It explains how an artificial entity can handle court corporate and individual trusts at moderate charges and argues they offer advantages over individual trustees inviting those planning wills or trusts to consult the company.
A brief item notes offices located at Nos 118 and 122 in the Company's Building on East Market Street. The register mentions rental or occupancy context for these suites. No additional details on tenants or dates are provided in the fragment.
A M Fletcher Banker conducts general banking activities including receiving deposits on draft, collecting dividends, and remitting them. He acts as fiscal agent for corporations and negotiates securities for railroads and other companies. Deals in government bonds, investment securities, and accounts of banks, bankers, corporations, and individuals solicited.
May 1 liberal cattle receipts at Union Stockyards Indianapolis with largest totals since December. Quality generally satisfactory. fat steers up about 0 cents from yesterday, top feeding steers at 4.55, cows and bulls mixed. Hogs receipts large. buyers cautious, few bids and limited demand, packers reluctant to pay higher prices.
The report covers multiple regional livestock auctions with cattle hog and sheep prices. It notes active trading and steady to firm quotes for steers heifers cows and lambs, including specific price ranges and several regional market remarks from Indianapolis Chicago New York Kansas City St Louis and South Omaha. Strong demand for medium weight butcher steers and notable sale prices are mentioned.
A sharp fluctuation in New York call money sparked widespread selling pressure. Stocks tumbled as margin buyers faced liquidity strains, with major issues like Atchison St Paul Rock Island and Union Pacific sliding several points. Bond trading softened and total par value sales reached 5.755 million as market volatility dominated the session.
Wholesale trade shows steady to firm quotes across goods from dry goods to tea and sugar. Wheat and corn bids remain active with uneven price shifts as eggs butter and poultry soften amid growing supply. produce markets stay lively with fruits and vegetables showing firm to rising values.
Instruments filed for record in Marion County Indiana for 24 hours ending May 3 101 include Mary J Hadley to Joseph R Homan undivided 42 in lots 6 and 7 in Van Clarhoms sub Outlet 2 west of White River Corner Dorer and Plum. Several other conveyances list buyers sellers and lot descriptions with totals showing transfers totaling 1 000 566.08 across numerous townships and additions in Indianapolis and surrounding areas.
Phillips controls the market and drives May corn higher after a break. May option rallies from 56c to 58c, then closes 2c higher at 58c. July corn remains steady with a mixed session as bears and bears push prices down before late buying. Wheat weakens on crop prospects with a heavy Kansas and Argentine influence. Provisions drop on liberal offerings. Receipts and weekly reports show mixed demand, exports, and cargo clearances amid fluctuating futures.
Arthur I Sudbrook frame dwelling at Oriental and Marlowe streets lists cost 81800. Board of School Commissioners brick school house Sheldon street Seventeenth Montana cost 24801. Jennie BR Bnoddy repairs West Morrill street cost 10. Margaret Hamilton veranda corner Tenth and Pennsylvania streets cost 7.50. Lemuel Davie frame cottage 2 Hamilton avenue cont 1300. R M Zaller brick business block 705 7 West Washington Mary Rose repairs 31 West St Clair street cost mo
A list of deaths and births includes Fessler Fred and Bessie elty with a newborn boy, Bradway Franz and Lizzie with a boy at 1159 Villa Ave, Gomerfeld records a boy, Hudson Berstein Jake and Anna with a boy, Bonner Lafayette and Annie at 313 South Alabama with a boy, Cumback Oliver and Emma with a city boy, Van Cleave Thomas and Louise at 1628 West Walnut with a girl, and multiple other entries. Causes include cerebral hemorrhage, la grippe, tuberculosis of spine, exhaustion after flu, paralysis, valvular insufficiency, typhoid pneumonia, and hypertrophy of heart. Names, ages, and addresses are listed alongside spouses and residences.
Report shows packing houses in Indianapolis killed Liv hogs since March 1 signaling summer season activity. Data compares to earlier months with figures indicating totals and declines or gains for the period.
New York May 3 markets show unsettled trading with wheat and corn fading after an initial firm open. Spot soy and sugar hold at mixed levels while refineds rise. Lard, pork, and coffee show muted moves amid larger cargo and export receipts.
Trade data from Louis shows corn meal and cash prices with May and July terms. White and stover items listed with cash futures, pork futures, and shortened notes, including a tower rate at 7.05 and extra shorts at 5.
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