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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Oct 18, 1902
Page
10
Union Stockyards Indianapolis reports five day cattle receipts up slightly from last week but below year ago totals. Demand for thick cattle steady. stockers and feeders weak with few sales above last Friday’s levels. Hog receipts about normal. five day total down versus last week and year earlier, with early bids higher but overall prices modest.
Interstate Stockyards Indiana Chicago Kansas City and other markets report varied cattle receipts with steady to higher prices for select steers and calves. Hogs climb, with top heavy hogs at 7.50 and strong demand. futures show mixed activity across several regions including Louisville and Cincinnati.
A compiled list shows names and amounts for certificates issued to individuals in Indiana and surrounding areas. Entries include William J. Kart of Muncie ten dollars Oscar O Burns of Rossville eight dollars and others from Fort Wayne Bloomington and Indianapolis with various sums and notes of war with Spain. Several widows and minors listed with amounts, including Lorenzo Snow Huron twelve percent and Martha M Matthews Titusville twelve dollars.
Oct 17 report says two Mexicans were struck by a train just over the Agua Pietra line from Douglass A T. One man was killed and the other seriously hurt. Train crew were arrested and held in a Mexican jail. Names given include Ed Patterson engineer Fred McDonough fireman George MecGorse yardmaster and E H Kidd switchman. Superintendent Morgan influenced railroad men to avoid crossing and freeing the Americans.
The jury for Roland B. Molineux charged with murdering Mrs. Katherine J. Adama was not yet completed by midmorning in New York. The panel process continued into the forenoon as court officials and court staff sifted potential jurors.
A day of rising stock prices with renewed market confidence as Secretary Shaw agrees to buy 1925 bonds, releasing treasury funds. St. Paul Union Pacific traffic alliance boosts shares while soft coal stocks surge. Norfolk & Western and United States Steel lead gains. Total sales at par reach $2.9 million.
Indianapolis reports commercial paper at 4 6 percent and time loans at 5 6 percent with clearings of 1 937 227 72 and balances 270 167 81. New York call money at 5 7 percent, prime mercantile paper 6 percent, sterling exchange active with posted rates 4 59 4 86, and numerous city clearings and balances listed. Treasury balances show available cash 220 200 814 and gold 134 043 996.
Jim Buchanan colored, murderer of the Hicks family, was tried today in Nacogdoches. A guilty plea was accepted and he was legally hanged within two hours after sentence. He waived the thirty day delay, execution carried out in the jail yard amid a large crowd.
Chicago Oct 17 enormous corn trade on the Board of Trade lifted prices in corn and related grains and provisions. December corn moved to 72 1 4 cents amid brisk activity, while December oats and wheat saw gains. Strong outside markets and higher cables supported the rally, with longer positions covering and May futures rising after a lull. Local receipts and primary deliveries were noted, alongside firm cash prices for flour, corn, and pork products.
New York traders saw fluctuating activity as flour and feed grains stayed firm to higher. Wheat and corn led gains on strong clearances and rain forecasts, while oats and barley showed steady or modest movement across cities including Minneapolis and Milwaukee.
New York reports butter receipts 5.6% packages with market steady to firm and varied creamery prices. Cheese packages total 11,773 with market firm for new state full creams and colored varieties. Eggs show steady to firm trading across multiple cities.
Markets report steady flour with varying bids and prices for red winter, Timothy seed, corn meal and lard in St Louis and Louisville. Wheat and beans shown mixed quotes across Baltimore and surrounding regions with price ranges for rye and storage items noted.
Real estate transfers totaling about 20, more than 20,000 dollars, were filed for record in Marion county Indiana in the 24 hours ending 5 p.m. October 17 1902. Individuals named include Ruth M Bosart guardian William L Elder Kate Suter Arthur G Fordyke Annie M Smith J H Pattison Margaret Bruce's add and Jeffersonirvington area. Additional entries reference Lot and block designations in Lincoln Park Berkeley add Hovey Street Jackson Park and Butler's sub Outlet. Building permits and various notes follow listing repairs and improvements including Schwemeyer and other properties.
The timetable shows train connections from Indianapolis with limited services to Anderson Muncie Elwood Greenfield Knightstown and other points. Combination passenger and express cars run from Kentucky Avenue at 5 15 and 5 30 AM with direct links to Elwood Marion Alexandria and to Greenfield and intermediate stations. Southerly lines from Union Depot and Louisiana Shelbyville run hourly with theater car service from Shelbyville and connections at Georgia Meridian streets and Indiana Kentucky avenues.
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