Money Relief Plan Fails to Stem Market Decline Gains Later
New York traders watched a sensitive stock market respond to Treasury relief hopes while money rates swung from 15 to 6 percent. A large Oregon Short Line installment and shifting loans pushed rates down later, lifting some stocks but leaving most with losses as sterling and gold import hopes influenced prices.
MENTIONED IN THIS ARTICLE
New York
Secretary of the Treasury
Chicago
Oregon
Stock Exchange
London
Bank of England
Paris
York
The
Treasury Department
Financial Market Snapshot From Across Cities and London
Indianapolis and New York money markets show strong call loan activity and firm rates with clearings totaling over 2 million and 127 million respectively. Chicago Boston Philadelphia St Louis Baltimore Cincinnati report steady money and varying exchange discounts while London and Paris post modest rates on bills and bonds. Treasury balances list available cash at 128,772,640 amid the 150 million gold reserve.
MENTIONED IN THIS ARTICLE
Indianapolis
New York
Prime Mercantile
Sterling Exchange
Chicago
New York Exchange
Boston
Philadelphia
ST. Louis
Baltimore
Cincinnati
London
Paris
Berlin
Washington
Treasury
Speculation Repressed by Money Market Conditions
New York markets opened quiet as late bears hesitated amid unresolved monetary conditions. Higher priced issues fell sharply in early trading while the rest of the active list declined. Money rates remained firm though not extreme by noon. Large banks offered loans around 12 percent. Sugar led gains on canning demand with expectations of refined price increases. Corn carriers asserted safety despite recent frosts. Overall market conditions remained favorable for speculation.
MENTIONED IN THIS ARTICLE
Meyer & Kiser
New York
Beyrish
Money Rates Influence New York Market
The New York market is driven by money rates with forecasts of a persistent trend through the week. Rates fell to six percent after brokers secured funds, prompting some short-covering. The government pays October interest, with disbursements likely to continue through the week. An anticipated four to five million increase in circulation may help but not fully ease the situation, as promoters aim to hold quotations steady until financial conditions improve.
MENTIONED IN THIS ARTICLE
Granger Farwell & Co
New York
Live Stock Markets Show Mixed Cattle Prices at Indianapolis Sale
At Union Stock Yards Indianapolis on September 15 cattle receipts ran higher than weekly averages as buyers pushed for lower prices. Fat cattle remained nearly steady while overall trade was slow, with many sales about 25 cents lower than last week. Calves held steady and quotes covered a broad range for steers and cows, reflecting uncertain market conditions and cautious commission sales.
MENTIONED IN THIS ARTICLE
Union Stockyards
Indianapolis
Fenesst
Inderdegnenconense
BOR Levy
Interstate
East Buffalo
Hog Receipts Improve and Market Holds Steady
Hog receipts today showed a liberal, improving trend over last Monday with good quality and steady demand from outside buyers. Packers held back, but prices rose about seven cents from week- end levels. calves and lambs saw limited movement while cattle remained steady to weak in various regional markets.
Mixed Sentiment Grains Before Oats Case Ruling
Trading mixed as Saturday slump ripples through grains with futures cautious. September wheat and December wheat rise modestly while September corn weakens. January provisions firm on higher hog prices amid favorable weather and rising receipts.
Grain supply totals rise and fall on Sept 13
The New York Produce Exchange reports Saturday September 13 visible grain stocks: Wheat 22,066,000 bu up 625,000. Corn 224,000 bu down 259,000. Oats 5,274,000 bu up 1,122,000. Rye 706,000 bu up 119,000. Barley 631.0 bu up 208,000.
MENTIONED IN THIS ARTICLE
New York
New York Produce Exchange
The Exception of Oats Receipts and Market Notes
New York grain market reports strong demand and active export flow across oats and corn with firm tone for wheat. No. 2 Western rye mixed, futures rally on export optimism. oats and corn show steady to firmer action amid weather and shipment signals.
MENTIONED IN THIS ARTICLE
New York
Fc F
O. B
Northern
Duluth
Tfac
Esgos
Jane
Finec
Commodity Price Ledger Mixes Meats Coffee Sugar
A scrambled OCR listing shows pickled shoulders and pickled hams with varied percentages and prices, lard steady at 11.10, coffee and sugar figures including No 7 and refined grades, and several molasses sugar and centrifugal details. The fragment implies daily commodity pricing across meats, fats, beverages, and sugars with multiple No 7 to No 13 grade stamps and cents per pound or per unit.
MENTIONED IN THIS ARTICLE
Cordova
Trade in General Quotations at St Louis and Other Cities
Prices across grains meats and dairy in St Louis Baltimore Cincinnati and other centers show wheat No 2 red at 65c cash and September 65c December pork high at 16 85 to 17 39 per barrel lard around 10 57 to 10 75 and butter creamery prices rising to 22 24c in Philadelphia and New York eggs firm in several markets with varied ranges across cities including Louisville Kansas City and Cincinnati
MENTIONED IN THIS ARTICLE
Chicago
Chytraus
Shorts
St. Louis
Northwest
Tsgc
Minneapolis
Duluth
Seaboard
Ember
Northwestern
Wisgae
Naan
Walsky
C. Beran
Baltimore
Louisville
Bethic
Llansas
Nona
Toledo
Timothy
Liverpool
California
Cincinnati
Bert Meren
Deven Rt
Philadelphia
New York
Sookse Eyaaise
Aoe
Apts
State
Pennsylvania
LLC
Elgin
Board of Trade
Creatmeries
Watge
Dairies
Ohio
Kansas City
Missouri
Kansas
Turpentine and rosin prices across several cities
Market notices from Savannah Wilmington Charleston and New York report turpentine and rosin largely steady with minor shifts. Crude turpentine prices hold near 4c and resin around 9 1 7 1 25. Cotton futures and other commodities show mixed activity while poultry prices edge up in some markets.
MENTIONED IN THIS ARTICLE
Savannah
baBe Winiow Glass
Wilmington
City
Ly Eee
Montpelier
Lima
South Lima
Indie
New York
Charleston
Public rail timetable and service notes for Greenfield and Mooresville
Union Traction Co Indiana Indianapolis and Eastern Railways Greenfield line shows August 15 2002 timetable with first car at 7:37 a.m. and last at 11:15 p.m. Express and combination passenger and express routes listed for Greenfield Knightstown and Indianapolis routes with arrivals and departures at Georgia and Meridian streets. Indianapolis and Martinsville Rapid Transit Co operates Mooresville service with morning departures on Kentucky avenue and regular hourlies to 6 0 p.m. and final 6 30 p.m. trips. Mooresville to Indianapolis connections. Additional services from Indianapolis Greenwood Franklin KR BR passenger cars depart Pennsylvania and Washington streets from 4 a.m. to 10 p.m. and Greenwood only trips at 9 a.m. and 2 p.m. Includes notes on Sunday excursions and station stops.
MENTIONED IN THIS ARTICLE
Anderson
Muncie
Marion
Alexandria
Meee
Concmtere
Valine
Andereos
West Maryland Street
Indianapolis
Kentucky
South Capitol Avenues
Muncle
Elwood
Mariona Alexandria
Greenfield
Knightstown
Georgia
Svints
Iun
A. m
US & m
Meridian Streets
Mndianapolis
Martinsville Rapid Transit CO
Mooresville
Kentucky Avenue
Pennsylvania
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Terre Haute
Ind
Letcher & CO
East
Washington Street
John S.tarrington
Tne Belman Eek Wit Advance
Get Ist
Et Oran Perry
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Geo. Bridenbucher
Goth
Joel Williams
Thee
Lemeke Kaukling
Sunday Journal
Shaw
Amrass Twine Co
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Loco. Co
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Eeess Gas
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eSpten
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Union Traction Co., OF
West
Maryland Street
Indianapolis & Eastern Railway Company
Greenfield Line
Franklin Building
Franklin KR. BR
Rept
ST. Louie
Lemé
Speier
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