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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
May 30, 1902
Page
6
Indianapolis union stockyards reports show cattle receipts down over the week with best grades steady to higher while lower qualities ease. Hogs receipts remain fair with limited demand keeping prices mostly unchanged though some rises noted. sheep and lambs receipts down versus last week and year ago.
Market summaries from Indianapolis Chicago St Louis and other centers show cattle and hog prices holding or easing slightly with steady to strong demand for quality stock. Spring lambs and yearlings display varied movement while reports note limited local demand and strong or steady prices for choice butcher stock.
New York May 2 The stock market showed insignificant commitments amid fears of a triple holiday with brief closing activity. Reading led gains on short-covering while Ontario and Western and Canadian Pacific faced steady pressure. Analysts watched potential peace talks in South Africa influence British consols as bond dealings remained subdued.
The listing shows various street-railway securities including Indianapolis bonds at par and premium levels, belt railway issues, gas company sixes, and traction bonds. It notes figures like 60 6S Indpls Street-ry bonds, 87, 109 110 for Citizens' Street-railway fives, and 100% for gas sixes, reflecting prices and yields in a period sale.
Indianapolis to London and Paris report varied money market data including paper rates, call money, mercantile paper, and discount rates. Clearings totals are listed for New York Chicago Boston Philadelphia St Louis Baltimore Cincinnati and London and Paris exchange figures. Treasury balances show available cash and gold reserve.
A list shows certificates issued to numerous individuals and entities across Indiana towns including Waterford Mills North Judson Marion Wabash Kokomo Sullivan Crawfordsville and Indianapolis. Amounts range from 1 to 90 dollars with names such as Nicholas North Vernon Samuel Turner Matthew Wabash and Owen Watts linked to varied locations and institutions including Soldiers Home Lafay ette and Union.
The Butte Inter Mountain notes a large share of Pennsylvania coal region workers are foreigners, many Poles, who cannot read English. It argues strike leaders address them in their languages, risking manipulation for political aims and mislabeling all foreigners as unfit citizens.
Bull players failed to sustain earlier rally as weather reports and farmer selling pushed grains lower in Chicago trading. July wheat and corn weakened with receipts rising, while oats held firm. meanwhile hogs and provisions slipped amid a Chicago packing strike ahead of Decoration Day closures.
Wheat and corn futures fell as bears pressed on crop prospects after mixed receipts and exports data. July wheat at 78 3 4 to 79 5 16 cents, July corn around 72 to 75 cents. spot quotes show No. 2 red and No. 2 Western prices lower amid ample supplies.
Flour market steady across St Louis Baltimore Cincinnati and other places with red winter patents and extra fancy and straight grades noted in today's report from St Louis May 29.
The report surveys grain and meat prices in Louisville Baltimore and other cities with No 2 red wheat around 60s to 70c, corn fluctuating, oats steady, and bacon and salt meats holding. Receipts list flour wheat corn oats and other staples for regional markets in late May.
New York reports butter receipts 8 853 packages with market steady while cheese and eggs show mixed trends across states. Philadelphia and Baltimore list firm butter and steady eggs. wool, turpentine and cotton notices follow in Boston London and Savannah with varied demand and stock levels.
Passenger car departures and routes listed for Union Traction Co tied to Indiana streets and Georgia Meridian, with first and last cars and specific times. New York market report notes stable prices, with May 2 reports on commodities and metals and a lead firm in St Louis.
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