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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Oct 15, 1902
Page
3
The legislature re-elected Senator Dillingham to the United States Senate. The vote occurred amid a narrow margin with bipartisan backing, confirming continuity in the state’s federal representation. Local officials noted no significant shift in party alignment.
New York October 14. Wall Street opened upbeat as coal strike negotiations sparked optimism of a fair adjustment. Shares rose one to four points amid heavy buying, especially among coalers and transcontinental stocks, with London purchases and falling money rates lifting sentiment. A later profit taking trimmed gains, but overall strength persisted into the close as leaders like St Paul and Reading attracted heavy demand. The day also noted a 12 percent call money rate earlier and a shift in export and gold movements as analysts expected possible measures to restart mining and broader financial resilience.
A compact snapshot lists numerous railroads and consolidation rates, followed by a dense ledger of commercial paper, call money, and foreign exchange. Major U.S. markets show clearing totals and balances for Indianapolis, New York, Chicago, Boston, Philadelphia, Baltimore, Cincinnati, and London bonds and coins vary by region and date.
Washington reports Tuesday balances in the general fund exclude the $150,000,000 gold reserve. Available cash balances total $29,648,876. Gold reserves show $11,990,413.
New York October 14 The market rose on the morning report that coal operators agreed to arbitration on strike settlement. Roosevelt and Morgan aided the path to settlement. Opening prices led, then slight dips from profit taking. later, buying by banks lifted stocks above opening levels as money rates softened from morning highs.
New York trading today opened with gains amid strike news and broad advances in active stocks. Prices fell from intraday highs as traders sold and money rates moved lower. Shorts covered as sentiment improved, aided by talk of bond purchases and a generally firmer market.
Chicago traders faced a volatile session with corn leading gains after a sluggish start. December corn climbed while December wheat and oats slipped modestly. provisions held steady as receipts and weather kept an easier tone in grains.
Philadelphia and New York markets show butter firm with gains for extra creamery and prints, while cheese also firm. Other cities such as Chicago Cincinnati Kansas City St Louis report varied butter firmness and market conditions, with wool prices strong in Boston and widespread activity across regions.
Multiple cities report prices and activity across oils turpentine rosin and crude varieties with prices from 1.75 to 3.75 for turpentine and rosin steady. Poultry prices move in New York Chicago Cincinnati and Boston with hens, fowls, and turkeys quoted and general market tone firm.
Metals markets show lead at 4.02 and spelter weaker in St Louis on October 14. Pensions for V Certificates issued list multiple Indiana recipients including Austin Thomas Earnest and Jacob Lowden with varied sums, plus Dependent Relatives entries for Rachel Swartz and Minnie Kuppenheimer among others.
Bradstreet's dispatch shows changes in available supplies across the United States and Canada with wheat up 3,744,000 bushels inland and 5,200,000 afloat for Europe, total gain 8,844,000. Corn down 1,226,000 bu, oats up 45,000 bu. notable increases at Northwestern interior elevators and in Manitoba. Lead decrease at St. Joseph. Other grain and foodstuffs present with fluctuations. markets closed steady with firm spot prices for wheat oats and corn amid weather and cash demand.
Trade in general from St Louis on October 14 shows flour prices steady with various grades quoted from 1.25 to 2.90 per unit and Timothy seed at 2.75 to 3.25. Corn meal, bran, rye and oats move modestly with prices and futures bids noted. pork lard and dry goods also listed amid mixed receipts and shipments for flour, wheat, corn and oats across the market.
St Louis report says a bird cage may serve as a mailbox when funds are limited. Mrs. Roosevelt helped legality, after a poor widow complained of a carrier’s refusal to accept a cage as a box. Editorials praise the stance, urging no bias toward needy households.
At the Atchison carnival an Indian girl orchestra from a government school in Arizona performed. Some girls were full bloods and others half breeds. A quarrel arose over a remark about being half white, prompting tense moments among the crowd.
Union Traction Co of Indiana timetable details routes from Indianapolis through Anderson Muncie Elwood Marion Alexandria and Kentucky avenue stations. Includes morning and afternoon express and limited trains with connections, car and baggage policies, and fare ranges.
The notice lists Union Depot departures to Shelbyville and intermediate stops from 5:30 am to 10:30 pm with hourly connections toward Shelbyville and Meridian streets, theater car at 11:35 pm, and return trips from Shelbyville to Indianapolis. Additional service mentions Greenfield, Knightstown, Georgia and Meridian streets connections, and routes via Franklin, Washington, and Penn streets with varied first and last cars.
A partial timetable notes the Indianapolis and Martinsville Rapid Transit Co schedule from Kentucky Avenue and Ahha Street, with hourly departures through a period. It mentions cars leaving at four and eight o clock and references morning and afternoon times, but the fragment is garbled and incomplete for a full timetable.
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