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The Indianapolis Journal in Indianapolis, Indiana

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Indianapolis Journal

Location

Indianapolis, Indiana, United States of America

Date

May 04, 1902

Page

10

Market Calm Amid Webb Group Turmoil Hits Banks’ Resources

New York May 3 The stock market shows limited fever after Webb group collapse in exchange and curb trading. Banks absorb the loss as money markets tighten with May demands. lenders shift toward trust companies to meet reserves, while power disputes and speculative margins spark debate on price movements.

New York Woday Webb Group Stock Exchange Louieville & Nashville Pennsylvania St. Paul Rutland St. Lawrence & Adirondack Wall Street Webb-Meyer Securities Hanoverational Dr. Webb Woodward Webb- Meyer Stock Exchange 5 Rutland Railroad St. Lawrenece Adiromlack New York State New York Associated Banks Rock Island Pear Granger Adirondack Curb

National Fiber and Cellulose Company De-piths corn stalks for paper and boards

A Chicago backed venture proposes to convert corn stalks into paper and box boards by a de-pithing machine that separates ears husks leaves shell and pith. The plan awards local plants 45 percent stock with royalties to the parent and promises profits for farmers and manufacturers through widespread depithing plants and new mills.

Delaware Corn Belt National Canada FE Cent Alee Jocal Nts

Machines for husking and depithing corn for paper stock

An authoritative report from Chicago English High and Manual Training School dated February 7, 1802 details machines designed by J C Miller to husk strip and depith Indian corn. The device operates without shelling, removes leaves, cleans stalks, and depithes shell from pith with durable construction. Estimated capacity at least six tons per day ten hours, power five to seven horsepower. Repairs feasible in ordinary shops.

United States George R. Sherwood Chicago Desien Scampionek Ad J.C. Miller

Market Tone Improves After Bank Statement May 3

New York traders saw a calmer opening with less selling pressure and stronger demand for top stocks. Bank data surprised by a gain in cash, while loans rose, boosting confidence and sending prices higher. curb stocks remained weak and mining shares faced uncertainty.

Moyer & Kiser’s Telegram New York New York News Bureau Stock Exchange

Bursting of a Log Jam Scene From The Blazed Trail

A timber region scene describes a sudden log jam burst driving a wall of water downriver. The torrent mows trees from the bank and races toward a river gorge, creating a dramatic encounter as workers react with alarm and rapid action.

Carpenter Samonetek

Also Mentioned on This Page

Webb Wea United Stites New Tours Kuitimore & Ohis Litse B. & A Chesapeake & Ohio Tn Ind. & Louis I. Gb Chi East Sitio Pia UBL Great Western G. W Northwestern Hs C A& T He Sig c Colorado Southern Ck & S Gees Delaware & Hudeson Tile A& Weat Denver Rio Great Northern Hocking Valley Valley Iilinois Central Towa Central Kansas City Lake Erie & Western Manhattan L Minn St. Louis Missouri Pacific Kan Texas Jersey Central New York Central New Yolk & Western Ae & W Ontario & W Tern St. Ll San St. L. Southwestern St. le Pamesatione Ge. Paul Southern Paine Southern Railway Pole Pacific Wise Liz Wells-Fargo Amal. Co Car & Foundry Anaconda Mining Co Brook Atte & Col Consolidated Gas General Electric Laclede Gas Ational Uit National Sant Aseeter National Law Pressors American LW Best Padice Mail People's Gas Pullman Palace Boi Republic Steel Eid Steel Coal & Iron East Union & Paper Co Yh Co American National Bank Capital National Bank Central Trust Company Columbia National Ba Indiana National Bank Indiana Trust Nationa Bank Security Trust Company Union Trust Company Marion Trust Indianapolis Yeock Mfg. Co P. c J.T. Polk Co Granger Farwell & Co National Fiber and Cellulose Company Ohio Indiana Illinois Iowa Missouri Nebraska Kansas America Wood Fiber Mills Paper Box Board Mills Outen Eepewseers Agsrige English High and Manual Training School Manual Training Department Sanford Makeover Kce Adams Street Chicago, Ill Prine Mercantile Paper Sterling Exchange Bankers New York Exchange Boston Philadelphia Baltimore Cincinnati Lsc London Berlin Exchange Treasury Statement Washington Treasury Neal Hera Scotty Parsons Jack Mayrland Red Jacket Jimmy Powers Archie Armis Long Pine Jim Big Nolan the Moloney Bryan Thorpe London News Plateau Fletcher National S. J. Fletcher Pres. Chas, Latham Cashier S.A. Fletcher Ass’t Cash Columbia National Bank Wheeler Guy Marshall Muralisteo Mashonaland Adelphia
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