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The Indianapolis Journal in Indianapolis, Indiana

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

The Indianapolis Journal

Location

Indianapolis, Indiana, United States of America

Date

May 12, 1902

Page

7

Market reports from Union Stockyards Indianapolis May 1

Cattle receipts small shipments none and hogs none today. Week shows rising cattle prices with best steers at 6.06 to 6.20, hogs steady to higher with top around 7.45, sheep and lambs quiet. overall activity limited by prior week declines and ongoing supply adjustments.

Union Stockyards Indianapolis Feild Komtelss Interstate Chicago Kansas City Western Feders Texas Market Meg Bam New York May Cable South Omaha ST. Louis Cupenne Esport Eee Buffalo Bostow

New York Clearing-House Banks Report Totals and Reserves

The New York Financier will publish today a table of totals and reserve percentages for New York City banks. Aggregate reserves show 526,685 in silver and 2,750 in gold. Imports of specie were 2,932 in gold and 312,964 in silver. Dry goods and merchandise imports at the Port of New York for the week valued at 10,289,422.

New York Associated Banks of New York City Banks Leew Bank of New York HeLa Sper Manhattan Company National Insem America Mechanics Propbal Phenix National An Chemical National National City Merchants’ Exchange Nationa Etpeeee Adj Gallatin Nationa Pesb Baeebyesc National Butchers’ and Drovers Tee Mechanics’ and Traders Greenwich Entwebewecesessnes Sre i National Ss Seventh National Assewessees Aswes American Exchange National National Bank of Commerce Be National Broadway Gio Mercantile National Prchag Crosssvastanssns Thee Etiteser Chatham National Il Bank of North America Hanover National Irving National Nasseeenesseene Market and Fulton Oriental National Park Cal East River National Fourth National Central National Second National First Nationaleseeseeeetecvener New York National Exchange Bowery Heard New York County National Fifth Avenue Lincoln National Gerfield National First National Liberty National Pete New Amsterdam Astor National London Orm Cape Natal Amnes Ia New South Wales Wales South Australia ST. Louis

Rates on Loans and Exchange Clearings and Balances

Indianapolis reports commercial paper 4 6 percent and time loans 5 6 percent with clearings 1 313 233.98 and balances 274 592.75. New York shows call money around 4 percent, mercantile paper 4 5 percent, sterling barely steady. Clearing totals and balances varied across cities including Chicago Boston Philadelphia St Louis Baltimore Cincinnati and New York. Exports of specie from New York to all countries for the week are listed.

Indianapolis New York Prime Mercantile Sterling Exchange Bankers Bingernicrae & Clearings Chicago New York Exchange Boston Philadelphia ST. Louis Baltimore Cincinnati

Financial rates and treasury balance snapshot across cities

London shows 22 percent money discounts 2 shifts. Paris reports 3 percent rents at 101 francs 5 centimes. Berlin notes London exchange at 43m 2yps, discount on bills 1 percent. Washington treasury balances exclude 150 million gold reserve with available cash 187,684,122 and gold 90,076,100.

London Paris Berlin Washington Treasury

Weekly Bank Statement Shows Unexpected Cash Slump

New York weekly statement for the banks shows declines in loans deposits circulation and legal tenders with reserves and surplus also dropping. The report notes a substantial year on year contrast and predicts improved monetary conditions as maturing obligations flow in.

New York Associated Banks New York Associated Banks Stock Exchange

Wall Street Opens Quiet as Banks See Cash Decline

New York May 10 newswire reports a calm session with selling in Union Pacific and Erie, Reading weak below 6, and Delaware & Hudson trading lower. A bank statement shows cash down over six million, eroding surplus and prompting market uncertainty about a possible lease of the line by New York Central and other explanations.

New York Union Pacific St. Paul Wall Street Paris Berlin Stock Exchange Webb-Meyer Group of Securities Au Poutur Northern Securities Company Northern Pacific Great Northern United States Minn St. Louis Misouri Pacific Missouri New Jersey Central New York Central Norfolk & Westear i . & W Ontario & West Pennsylvania Southern Ry Texas & Wolf St. L Central Adams Eressoenens Wells-Fargo Cai Am Car & Free Orive Ana Dawe Brooklyn Col Wis Consolidated Bae Con. Tod Aes General Electri - Hocking Coal Pacific Mail S. C Pullman Palace Cal Os Eee Blic Steel Itis Sa Republic Steel Tenn, Cc Co Ion Bag Bi L &. Leather Wa. S. Rubber U. S. Rubber United States Steel Western Union Eeeneee American National Bank Capital National Bank Columbia Natio Central Trust Company Bank Iit Indiana Trust Company Indiana National Bank Merchants’ National Bank Security Trust Company Union Trust Company Marion Trust Company India Indpla Indianapolis T. B. Laycock Mfg. Co Polk Chicago Granger Farwell & Co Diamond National Biscuit Meyer & Kliser Erie Mitchell Delaware & Hudson Financial Chronicle New York News Bureau

Quiet grain market as government report awaited

In Chicago on May 10 the grain trade showed a quiet day with no selling pressure and stock declines. July wheat rose slightly while corn and oats edged higher. provisions fell. Weather was cold and wet with scattered rain and snow in the Red River valley, boosting bullish sentiment as buyers stepped in and futures firmed before the delayed government report.

Chicago Red River Valley Minneapolis Lac Beauecpunt Duluth Seaboard Sic Tate Northwestern Timothy Ecebri

Wheat and Grain Futures Hold Steady in Mixed Trade

New York May 10 Wheat receipts sit at 126,560 bushels with exports at 227,265, spot price firm for No. 2 red and No. 1 northern Duluth while May to September futures rise on crop news and cash strength. Corn and oats follow firmer due to weather concerns and covering, with nearby soy also steady amid cautious optimism.

New York Minnesota Brandywine Western Cf. O. B Ec. i. F Northern Duluth Manitoba Gace F. O. B Pacific Coast Galveston California Texas Seth Hay Ney Caifornia Spotanton Fiour—St India Ulet Cumberland Sis United States Louisville Eatra Ste Seaple Southern Toledo Cape May

Trade in General Quotations in St Louis and Other Cities

Trade in general quotations from St Louis May shows dull demand for winter goods including extra fancy and straight seed varieties. Markets in Baltimore Cincinnati and other places reported minimal activity with prices mostly steady and signs of cautious buying.

ST. Louis

Grain and meat prices drift with mixed futures and supplies

Market notes show fluctuating wheat and corn values across cities with bids for old and new crop, mixed elevator activity, and varied pork and lard quotes. Butter and cheese hold firm in New York and Philadelphia while spot wheat trends remain uncertain. regional markets report steady to higher hog and beef cuts with substantial shipment totals and light demand.

Metals Markets Report From New York and St Louis

May reports indicate metals prices with spot delivery values and changes. Iron and steel alloys show varied moves while lead and zinc hold steady. molybdenum and spelter exhibit minor shifts. In St Louis most metals listed steady with slight uptick for some items.

New York É& St Lake ST. Louis Moetala

New York Markets Mixed as Wool and Linen Rally

New York on May 10 reported a mixed market with moderate home goods demand and steady to quiet mill activity. Cotton goods remained quiet, hosiery and yarns stayed steady, while linen yarns showed strength despite overall cautious trading.

New York Mabie

Also Mentioned on This Page

Pws U. S National Bank Capital Baker -Vawter CO Copeland Indiana Special Bank and Trust Company Stevenson New C.a.green W. J. Holliday € Co Guncinnati Gattle Lambe Strong Atchison Baltimore & Ohio Canada Chea Ohio Great Western Ch. G. W Chi N. Wee Colorado Southern Delaware & Bees Lack Wai den Rio Granie Ertes Erie Fire Wee Hocking Valley Lowa Central Lews Central Southern Lady K Erie & Ashes Core Tyes Associated Banks OF the City OF New York Ings Treasury Statement Grain Higher—General List Firm Japan New Orleans Cordova Ss. A. Fletcher & CO Safe Deposit East Washington Street John Tarrington Oate Milwaukee Bartey State Tate Creamery Itiye Renevan Mae Louis Petroleum Feed Hall Savannah Rune Wilmington Eae Montpelier North Lima Tee South Lima Diana Sc Charleston Ture Keys Isaac Ae Watt
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