Banking House or A M Fletcher Accounts Offered
Banking house or A M Fletcher advertises soliciting accounts of banks, bankers, corporations and individuals.
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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Oct 11, 1902
Page
10
Banking house or A M Fletcher advertises soliciting accounts of banks, bankers, corporations and individuals.
Live hogs showed moderate demand with prices five to twenty cents lower while sheep stayed steady for the Friday session at Union Stock Yards Indianapolis. Cattle receipts were light with five day totals down versus last week and a year ago, feeder and under grades faced weak demand and clearance looked unlikely despite a late push for fat stock.
At Interstate Stockyards Indianapolis on October 10 cattle receipts were small with steady demand from locals and prices largely firm to higher. Good to choice steers ranged around 7.25 for top lots with mixed grades showing varied results, while hogs showed a downward trend from Monday, with choice hogs around 7.25 and feeders steady. Across Chicago Kansas City New York and other markets similar modest activity and price adjustments occurred for cattle hogs and sheep.
Boston reports that Professor John Trowbridge of Harvard University conducted experiments with a battery of twenty thousand cells producing six million volts. He concludes lightning does not strike water, as sparks seven feet long jumped to adjacent objects while only short taps struck the water. He notes atmospheric air becomes more conductive beyond a million volts, diverting discharge away from water.
At Anadarko a council of Kiowa Comanche Apache Caddo and Wichita nations selected Lone Wolf to carry a petition to Washington. They seek government action to take all tribal lands in Oklahoma and purchase 2,000,000 acres in Mexico for settlement, opening allotments to non Indian settlers. The report from Washington is expected soon.
New York stocks opened lower as traders who bought on rumors of a coal strike settlement retreated. The day remained dull with scant activity, professional trading dominating and total volume under half a million shares. Banks held steady, bond market stayed dull, and calls for money spiked late as authorities awaited clearer developments.
Indianapolis and New York money markets report firm to steady conditions. Clearinghouse figures show Indianapolis clearings at 1,891,545.38 and balances at 222,208.45. New York money on call 3 1 5 percent, mercantile paper 6 percent, sterling around 4 83 for sixty days. Boston Philadelphia St Louis Baltimore Cincinnati clearings and balances listed with exchange rates and discounts for the day.
In London money rates hold at 1 and 2 percent with varied discounts. Consols quoted around 93.16 to 93.16. Spanish fours near 87.4. Paris notes show three percent rents at 10f with London exchange at 25f checks. Berlin exchange on London at 4 4pf for checks. New York bar silver at 50 4c and Mexican dollars at 4c. London bar silver steady at 23 1/2d per ounce.
Washington report details Friday’s treasury balances in the general fund excluding the $150,000,000 gold reserve in the division of redemption. Available cash balance figures are listed with emphasis on liquidity and reserve status for the period.
Chicago price report shows December wheat up modestly while December corn and oats fall. Provisions steady to lower as bearish factors weigh, but local sentiment remains bullish with strong Northwest influence and active commission buying.
Market figures show cash censations with assorted prices for various grains and meats. Plaxseed and Northwest Prime tunes are noted with boxed items and unit costs. Receipts list flour and wheat tonnage, oats and rye bushels, while shipments detail flour, corn, oats, rye and barley quantities.
New York report shows wheat futures firm with light offerings and shorts squeezed as bulls support the market. Corn and oats weaken on light receipts and Chicago selling, with spot and futures slipping while rye and flour prices hold.
Grain prices and commodity quotes from Oct 10 trade show flour, wheat, corn, oats, rye, and lard movements across cities including St Louis Baltimore and Louisville. Futures and spot values sit with mixed shifts while shipments detail wheat and corn tonnage and regional receipts.
Philadelphia and New York report firm butter and cheese prices with varied regional quotes for extras and near by products. Market activity shows steady receipts, mixed creamery and full cream values, and regional price stability amid ongoing supply dynamics.
New Orleans reports world visible cotton at 2,111,451 bales with 1,662,851 American. New York futures dull with middling around 58.8. Savannah notes turpentine and rosin prices steady. Charleston and Wilmington also show firm spirits of turpentine and steady rosin. New York prints indicate overall market resilience with firm staple and linens amid quiet demand.
Bradstreet reports cooler weather shifts focus to coal supply issues while overall business remains active. Idle workers in coal regions reach about 140,000 but total displacement appears smaller than feared. Iron industry curtailed and brick making hurt. 30,000 idle in related sectors. Northwest stays busy. Pacific coast trades strong. cotton stocks tight. woolen goods active. New England jewelry in demand. Exports and crops show mixed results. weekly U S business failures rise to 170.
Bradstreet compiled table lists weekly bank clearings in major cities for the week ending October 9, detailing the percentage changes versus the same week last year. The report highlights increases and decreases across leading markets.
New York report from R G Dun Weekly Review of Trade notes favorable signs persist in industry despite labor disputes fuel shortages and tight money conditions. It cites uninterrupted activity and improving outlook while warning transportation bottlenecks and rising coal costs could restrain profits and demand better price quotations if conditions do not normalize.
Fragmented text lists names and routes such as Lafayette, Cincinnati, Greensburg, and Vernon with mentions of accommodations and express services. The legible items suggest a transit or hotel accommodation notice but lack coherent details or outcomes.
Union Traction Co of Indiana issues a May 23 1903 timetable for Magnolia Block Capitol and Kentucky Avenues stations. It lists hourly service to Anderson Mu Mahon Muncie with direct connections at Anderson for Elwood and Marion and Alexandria routes. A combination passenger and express car departs Kentucky Avenue at 6 15 am while express cars leave Indianapolis for Anderson at 30 am and 3 30 pm with goods received from 5 to 5 pm.
Passenger and combination trains depart Georgia and Indian streets from 5:57 a.m. to 9:37 p.m. daily with additional times listed for Greenfield and intermediate stops. Service to Shelbyville and Mooresville runs hourly from early morning to evening, with specific departure and arrival times noted and tickets sold at Huder's Drug Store and Stubbins Hotel block.
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