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Newspaper
The Indianapolis Journal
Location
Indianapolis, Indiana, United States of America
Date
Sep 25, 1902
Page
10
The Indiana Trust Co offers guidance on making wills and emphasizes that a wisely made will is as important as a well made one. It notes careful custodianship can affect terms and conditions and that faulty guardianship can mar a bequest. The firm also acts as executor guardian and in trusteeship roles.
Premrects a general banking business receives deposits subject to draft. Dividends with charge and one acting agent for corporations and negotiates bonds issues of railroads and other companies. Deals in Government Bonds and other Investment Securities. Commission orders executed.
Cattle and hog prices mixed across major markets with receipts varying daily. Lambs and sheep showed stable to modestly higher bids, while horses and calves moved with steady demand. Midwest and East markets reported steady to firm tones, with some declines in lighter classes and active selling early at opening prices.
New York dispatch reports Mont Chullapata erupting for two weeks eighteen miles from Celendia Peru with volcanic dust smoke and loud noises heard up to thirty miles away. Earthquakes occur around the mountain and large cracks open on its slopes.
New York reports a stormy stock market day with violent fluctuations and two sharp breaks. Banks tightened loans as dealers reflected forced liquidation, but late buying lifted some shares. News of a steamship consignment worth about 1.5 million dollars and a setback from Roosevelt's disability fueled sentiment. Closing prices showed broad declines, with call loan rates surging to 25 percent before a late rally.
Indianapolis and major cities report money market activity with commercial paper at 4 6 percent, time loans 5 6 percent, and clearings leading to large balances. New York call money strong, sterling exchange weak, and several cities show varied clearings and balances. Treasury balances show available cash of 218,758,935 and reserve funds of 130,914,045.
Instruments filed for record for a 24 hour period ending Sept 24 1902 list numerous lot transfers and property improvements in Indianapolis with buyers such as Carl R Rosberg Lavina Paschal Engel Borman Belle Harris George W Stout Malinda Brunson Molen Lockhead Travelers Insurance Co and Union Trust Co partial sums show total transfers 38890.00 and individual amounts from 1000.00 to 12000.00 plus multiple lot deeds in West Park Hubbard's South Meridian Woodruff Place and various additions with improvements including frame cottages and stores across several streets.
A list of named individuals receiving certificates is published with varied spellings and amounts. Names include John Vore Arba Marion Cahow Shumard Willam Roiten Port Louie Engle and Bridget Grogs with figures such as 17 10 12 8 dollars and references to Wisconsin and Omaha areas.
Chicago Wheat trades mixed as September slips while December dips slightly. Corn gains moderate ground on strong demand and light receipts. Oats rise marginally and January provisions advance, with dry weather and large Russian crop fear weighing on futures. Primary receipts and car movements show variable market mood in a volatile session.
New York grain markets show fluctuating activity with dull overall tone in wheat and corn. Spot prices ease while futures edge higher on reportable receipts and rain, then again slip after liquidation and mixed Western demand. oats and coffee hold firner tones as refined goods firm.
Market report lists steady to firm prices in St. Louis Baltimore and Cincinnati for winter patents and related grain products with mixed futures. Corn meal bran oats rye and flour values given alongside shipments, receipts and price ranges. figures include barrels, bushels and hundreds of dollars, with notes on months and delivery terms.
A dense telegraph of commodities shows wheat and corn values steady or mixed across Louisville Kansas City Toledo and Chicago with varying grades noted. Regional dairy and egg prices hold firm in New York Philadelphia and Boston while cotton in New Orleans and New York closes at steady to muted levels.
The eleventh biennial reunion of the Crocker Brigade, Iowa Volunteers regiments eleven through sixteen, began in Muscatine with record attendance. Notables include Colonel Reed of Mount Vernon president General MacArthur of Chicago Colonel Michael of Washington and Colonel Keeler of Chicago.
Oxford Mississippi September 4 two men Mathis white and Orlando Lester colored were hanged at noon for the murder of United States Marshals John A Montgomery and Hugh Montgomery. The deputies were killed during a raid on Mathis’s home fifteen miles west of Oxford on November 16 last. The mutilated bodies were found in the ruins of the home the day after the raid.
Butte, Mont., Sept 4. Major M I Bridgeman, recently removed as Fort Belknap agency agent, was arrested yesterday on charges of embezzling about $10,500 from Agent MacNichols. The case centers on financial irregularities tied to Bridgeman's official duties and accounts.
A garbled timetable notes Mooresville to Kentucky Avenue and street at 6 PM departures and a 5 PM return. It mentions a 6 AM car from Union Station Indianapolis, connected to Sunday service with hourly departures, but many details are unclear.
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