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The Indianapolis Journal in Indianapolis, Indiana

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

The Indianapolis Journal

Location

Indianapolis, Indiana, United States of America

Date

Sep 08, 1902

Page

7

Cattle and Hogs Sluggish Week at Indianapolis Stockyards

At UNION STOCKYARDS INDIANAPOLIS on Sept 6 cattle receipts were about 150 head with small shipments. Market softened with many cattle below killer quality and prices 15 to 50 cents lower than last week. Top bids reached 7.25 for steers and 7.50 for calves, while hogs moved up then eased, weekly totals showing a sharp shift from prior periods. Interstate and other markets reported varied demand with mixed results across regions.

Union Stockyards Indianapolis Sue Ates Interstate Indiana Kansas City Texas Chicago Fosters Helfere Texas Fed Park Egret ST. Louis Bute East Buffalo New York South Omaha Paar Louisville Ie Lamba East Liberty

Stock Market Review Faces Weakness After Week of Mixed Moves

In New York, lack of London quotes left the market without a cue though early trading showed firm undertones. Norfolk & Western boosted several stocks while readings suggested heaviness at the open due to July earnings, later recovering some but finishing weak. Bank statements showed a cash decline of 3.9 million and a reserve drop, pressuring prices. Readings common surged then faltered, and Keystone leaders like St. Paul and Missouri Pacific led gains amid talk of alliances and industry shifts.

New York London Norfolk & Western Ontario & Western St. Paul Missouri Pacific Atchisons Rock Island People’s Gas Brooklyn Rapid Transit Commission House Arene Republican Steel Virginia-Carolina Chemical Minneapolis Sault Ste. Marie Sloss-SheMeld Steel Pacific Mall Laclede Gas Lst United States Reading Pennsylvania West Virginia

Rates on Lotus and Exchange Clearings and Balances

Indianapolis and other cities report weekly clearings and balances for commercial paper money on call and exchange rates. Details include New York prime mercantile paper at 5 to 5 and a half percent, various exchange figures for Chicago Boston Philadelphia St Louis Baltimore and Cincinnati, plus weekly totals and bar silver prices in New York and London.

Indianapolis New York Prime Mercantile Actal Wean Chicago New York Exchange Bosfon Philadelphia ST. Louis Lic Baltimore Nees Cincinnati Midland Portian Cemcal Company Vyear Gold Capital Orlando M. Packard Fred W. Spacke W. C. Foulke Large Profits Security Trust Company Granger Farwell & CO Bankers Beckers Lasalle &St Tl Broadway New York and Chicago Stock Exchange Albert R. Thompson Lombant Building Tasoseema

Currency exchange and specie movement across major ports

London shows money and discount rates for short and three month bills while Paris and Berlin report rentes and exchange on London. New York exports of specie last week totaled 232,764 silver and 3,010 gold with imports of 666,985 gold and 44,133 silver, plus dry goods and merchandise valued at 11,865,180.

London Paris Berlin New York

Treasury balances report shows cash available in general fund

Washington reports Saturday treasury balances in the general fund excluding the $150000 gold reserve in the division of redemption. Available cash balance is $211,308,164. CHIME eoko cektanicast inc leases 121,107,445.

Washington Treasury Chime Eco Cektanicast Inc

New York Banks Report Weekly Statement Decline

The New York associated banks show a weekly decline in surplus reserve of 5.6 million and a drop in loans of 3.7 million over three weeks. Cash holdings fell by 8.8 million with legal tenders down and specie down, while deposits fell 12.6 million. The statement notes a favorable view of cash conditions despite the official weakness and predicts limited future loan contractions and potential implications for exchanges and gold imports.

New York New York Associated Banks Wall Street Europe

Bank cement market declines as pools struggle to push prices

The bank market opened weaker than expected with supporting orders on many issues. Declines appeared late in the session as pools attempted to lift prices, but overall sentiment suggested prices would hold steady as market dynamics remained in the hands of large operators.

Granger Farwell & Co New York

Taft appoints Dr. William T. Wilson Philippine exhibit commissioner

Governor Taft of the Philippine Islands names Dr. William T. Wilson of Philadelphia as special commissioner to prepare the extensive exhibit for the St Louis exposition of 1904. The Philippines will contribute a large scale display to showcase natural resources and importance of the new possessions to the world.

New York Taft Philippine Islands William T. Wilson Philadelphia Philippines

Frost scare is over as Chicago grain pits turn bearish

After frost fears spiked prices, markets shifted to gloom on warm dry weather. December wheat and corn fell while oats and provisions moved in mixed directions amid light receipts and strong selling by traders in Chicago, Minneapolis, and Duluth.

Chicago Liverpool Northwest Minneapolis Northwestern Seaboard Duluth Iowa Rao

Market Notes: Grain Prices Mixed Across Cities

Trade in general shows wheat lower in some bids while corn and oats hold. Live hogs and bacon rise in price with lard firm. flour and beans vary by region. Shipping data and regional quotations for Baltimore Louisville Toledo Cincinnati and Duluth accompany the report.

Timothy Seed Wien Branduil Sacken Shanes Liverpool St. Louis London Pacific Coast Cumberland Sis Tierces Australia Baltimore Jake Southern Aticec Cate Louisville Ark Toledo Timothy Cincinnati Duluth Northern Barney

Butter and Cheese Market Reports Across Cities

The report compiles varied prices and trends for butter eggs and cheese across New York Philadelphia Baltimore Chicago Kansas City St Louis Louisville Cincinnati Boston and other centers. Notable notes include steady to firm butter in most markets with creamery varieties and imitations showing mixed quotes, eggs firming in some areas, and cheese prices generally steady.

Granger Farwell & Co Twiné Co Am. Smelt Coe Con. Tobacco Co Col. Fuel & Iron Cony Colorado O- SI United States L. Co United States Republic Iron & Steel Steel Corporation U. &. Steel Corp Wales & Alton A. & Santa Fe PS & Santa Fe Baltimore & 0 Canadian Pacific Chesapeake & Oh N.Y. C New York Eazy New State C. Reo Peksec Insylvania Philadelphia Ile Baltimore Rey Fm Chicago Aeatice- Ioveree Twins Americas Wugivke Dairies isyGike Givke Kansas City Joe le Kansas Ihc ST. Louis Ius van Off Louisville Cincinnati Boston

Wool Market and Trade Notes From New York and St Louis

New York reports a fair morning demand with cautious activity in wool and textiles. Prices show varied firmness while jobbers anticipate heavy buying from a contingent as the week closes. St Louis notes heavy fleece wool and grade combinations with subdued yet steady trade activity.

New York Inary Garet ST. Louis

Also Mentioned on This Page

the Merchants’ National Bank United States Depository BIG Five Belman Stock Wit Advance Oran Perry Law Building Wwe Delaware and Madison Harry B. Gates & CO Fletcher Bank New Telephone No Stock Market Review United States Bonds Tee Sopital Feational Bank Columbia National Bank Aeeeeweene Tent Indiana Trust Company Amn Trust Company Nationaal Bank “Security Trust Union Trust Company Granger l Parnell & Co Telegram Indianapolis Gas T. B. Laycock Mg. Co Stoel Lotus Exchange Ings Treasury Statement Associated Banks City OF Associated Banks of New York City Lega Bank of New York N. B Bt Mantan Company National Mechanics’ National Com America Phenix Natio National City Chemical National Exchange S Gallatin National Butchers Mechanics’ and Greenwich National Pasers Restancvecse National Bank National Broadwasees Mercantile National Pacific Seecses Hanover Nationalseteeee Irving National HaHousl Atte Tenenseerenese Market Fulton National National Shoe and Leather Ao Oriental Peewee Ees Pheeeresponse Varss Parterete Reneeens Tee Central National First National New York N Chase National Fifth Avenue Lincoln West Side Seaboard National Brooklyn Liberty National New York Produce Exchange New Amsterdam National Bank Astor National National Bank of the United States Oeweer Nesota Minnesota City Brandywine Western Ft. O. B Oe & Lf Manitoba Usc Galveston California India New Orleans Rio Cordova S. A. Fletcher & CO Vautt Washington Street Manly Donda Wills Deséa Omega The Indianapolis Gas Company Pennsylvania Street Atkins Barry the Sunday Journal Etic Piitade Reese — Zaiki Rosig Strae Savannah C. Rosin H. Fies Milmington Eee Tees Ean Ys LP Oul City Montpelier Charleston Rosin R. Shean Tureker
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