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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
May 14, 1901
Page
7
The Indiana Trust Company offers 3 percent interest on savings deposits from $1 to $5,000 with no fixed deposit schedule. Withdrawals incur no deductions. Capital liability of stockholders totals $2,000,000 with deposits securing $31,000,000. Notice states Saturday closings at noon until October.
A historical snippet outlines a banker's functions including accepting deposits subject to draft, collecting dividends, remitting them, acting as fiscal agent for corporations, and negotiating security issues for railroads and other companies. The text reflects era specific banking practices and the universal duties of financial institutions.
Panic ease follows last week’s upheaval as Northern Pacific shorts settle and Union Pacific leads a broad rebound. Sterling strengthens with demand bills near 4.88 while bonds improve. risk lingers amid wider price swings across rails and utilities, signaling cautious optimism in the post panic atmosphere.
Wholesale activity ran strong yesterday with traveling salesmen and mail orders driving demand. Prices remained steady across most lines as dry goods and hardware trade showed vigor while the provision market stayed active and alcohol and oils advanced. grain futures quoted for various wheat corn and hay grades, with prices paid by shippers and a broad list of goods including groceries, sugars, and textiles showing mixed but steady movements.
Hog prices advance 2 to 6 cents with good demand from packers and light weights in favor. Cattle receipts light with steers averaging 1066 pounds selling to order buyers at 4.80 and heifers about 845 pounds at 5.60, steady against last week. Sheep and lamb offerings small with generally steady prices and wool stock not wanted. clips for clipped stock favored.
Instrument filings in Marion County Indiana list transfers from Charles F. Robbins to Kate Cavanaugh and others with Lot 55 in Haughville, Lot 61 in East Chilost add, and multiple parcels. Also includes interstate stockyard report from Indianapolis with cattle and hog receipts, prices, and minor transfer payments like J. C. and M. A. Quinn repairs and other property expenses.
In Chicago wheat and corn firmed after early losses as shorts covered and buyers returned. July wheat closed 10¢ higher with gains in corn and oats amid strong export demand and steady futures, while provisions ended mixed. In New York the visible grain supply fell for wheat, corn, and oats, with rye and barley also shifting.
A dense price compilation lists commodity rates for tubs pails nails and horse hardware, various feeds, oils, and leather, followed by extensive produce prices for fruits vegetables and dairy items. It also reports regional cattle, hog, and sheep markets from Chicago, Kansas City, East Buffalo, St. Louis, New York, and Omaha with receipts and price ranges.
Certificates issued to multiple named Indianians include George W. Kratz deceased and others from Rensselaer Marion and Kendallville with sums ranging from 1 to 17 dollars. The document references widows Elizabeth Kratz Mary Julia A. and others with various locations. Includes David C. Russell as father and mentions April 30 in Hunt Instance.
Market notes show flour and corn meal firm following wheat gains. Wheat receipts and exports listed with spot and futures movement. trading buoyed by Southwest crop news and Liverpool rally. Prices for No 2 red and Duluth varieties cited. corn and oats activity mixed with strong finishes amid lower liquation initial pressure.
Cincinnati and other markets report steady to dull trading across commodities. Wheat and corn futures show modest movements with No 2 red cash and May contracts cited, while flour receipts and shipments highlight mixed demand. oats and hay activity noted amid price readings for hay and whiskey markets.
Markets report corn, wheat, oats, and lard with spot and futures notes across Liverpool Cincinnati Toledo Duluth Milwaukee and other locales. Prices show steady to firm tones for No 2 corn and red wheat with varied exports and receipts. general activity remains subdued with modest gains and modest declines across grains and fats.
Reports from Philadelphia New York Baltimore Kansas City St Louis and Cincinnati show steady to firm butter and cheese prices with receipts varying by market. Eggs remain firm across districts while poultry and crude oil prices show little movement amid mixed regional activity.
Fragmented OCR lists names and ages of births and deaths, with addresses and vague causes like heart disease and cancer. The text includes Albert street, 1236 Brookside avenues, 26 Prospect streets, 40 a Albert street, 109 a ums, and other scattered entries for boys and girls, noting relationships like Albert and Gurn Gentry, Frank and Hertha Gater, and Paul Archer.
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