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The Indianapolis Journal in Indianapolis, Indiana

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

The Indianapolis Journal

Location

Indianapolis, Indiana, United States of America

Date

Sep 28, 1902

Page

11

Bankers Life Insurance elects Hancher president

Announcement yesterday named Charles Hancher, president of Irving National Bank, New York, as the new president of Bankers Life Insurance, succeeding Richard Mor esne who resigned due to illness.

Charles H. “‘Ancher Irving National Bank New York Bankers’ Life Insurance Company Richard Mores Vienna Atlantic Steamship Combination J. P. Morgan Comis Kingston Jamaica Nited Fruit Company United Company United States A. H. Mayer Des Moines Twenty-eighth General Assembly Iowa Home Savings and Trust Company Bremner Chicago Cigar Dealers’ Association of America Organized Labor Bakersfield Californian J. Pierpont Morgan California McKittrick Sunset Miday Kern River Tidewater Cmpany Morgan

Telegram Snippet From Cincinnati Boy News

A fifteen year old from Cincinnati visiting Washington sent a telegram home reporting arrived safely and noting he saw Jim Jones. A Washington correspondent later recalled a Cape May outing telegram about his wife and infant daughter left with an aunt during a trip.

Washington Post Cincinnati Washington Ohio Jim Jones Cape May Washington Correspondents Ashman

Feverish stock trading as bank data shocks market

New York on a volatile Friday saw fierce speculation and pool activity amid expectations of a stronger bank statement. Surplus reserve details, loan calls, and money stringency pushed prices down then attempted recovery, with Louisville and St Paul among lead losers amid denials and reports.

Rates on Loans and Exchange Across U.S. Cities

Indianapolis reports commercial paper at 4 3/4 to 5 1/4 percent with clearings 1,788,710.08 and balances 331,670.33. New York call money at 6 percent, odd lot 7 percent, mercantile paper 6 percent. Sterling exchange firm. demand 487.75, sixty days 482.50. posted bills 4,8304.53% and 4.564%. Clearings 908,197,252. balances 9,729,629. Chicago sees New York exchange at 3c discount. forel exchange unchanged. Clearings 25,289,612. balances 10,820,816. Boston clearings 19,376,446. balances 1,742,087. Philadelphia money 6 4, clearings 20,248,222. balances 2,695,791. St Louis money 5 6 percent. New York exchange 1c discount. clearings 5,881,939. balances 45,603. Baltimore money 6 percent. clearings 3,708,247. balances 535,057. Cincinnati money 5 6 percent. New York exchange 40c discount. clearings 2,654,650.

Indianapolis New York Prime Mercantile Sterling Exchange Firm Chicago New York Exchange Forel Boston Philadelphia ST. Louis Baltimore Cincinnati

World money market and New York treasury balance report

London quotes show discount rates and consols while Paris and Berlin list exchange rates and rentes. New York notes weekly specie exports and imports, plus dry goods value, and Washington reports treasury balances with available cash and gold reserve details.

London Paris Berlin Washington Treasury

Bank Reserves Recover as Large Transfers Flow In

The report notes transfers from San Francisco totaling 2 000 000 not reaching banks until Thursday and 350 000 on Friday. These amounts affect the week's statement and may end the six week loan contraction. Expected gold shipments and Treasury plans could offset money absorption and restore normal conditions.

San Secretary of the Treasury Treasury

Market opens firm as Morgan plan signals easing funds

Private wire reports from New York describe an irregular but firmer start after J P Morgan & Co air their plan to anticipate October interest payments totaling 15 million dollars. Early selling pressure faded as the bank statement later surprised to the upside, with a stronger close and expectations that bankers will help stabilize prices if money costs stay high.

Meyer & Kiser New York J. P. Morgan & Co Morgan Granger Farwell & Co

New York Box Coupon Swindle Tells of Grafters Rich and Poor

A Washington traveler recounts a New York theater box coupon scam where a hustler diverted his payment and a fat man unknowingly held his coupon. The tale paints a vivid picture of crowded streets and sharp practice by speculators and ushers.

Washington Post New York Washington Eph Blackwells Island

New York Banks Show Surplus as Gold Imports Rise

The weekly bank statement reports that clearing house banks hold 3,236,625 dollars above required reserves, with reserves up 1,790,700 and surplus 4,878,675. Specie climbs 1,973,600 while deposits fall, loans contract sharply by 13,353,600, and the circulation increases 316,600.

New York Clearing House New York Associated Banks

Hairpins Named Useful Medical Tools Says Doctor

A Philadelphia physician notes hairpins can aid surgery in emergencies. Hairpins sterilize easily, bend into shapes, and can pin, scrape, close wounds, wire bones, or serve as probes. Doctors may carry a few for use if needed, though not all employ them this way.

New Orleans Times-Democrat Philadelphia

Pigeon yard scene ends with curious mother squab exchange

A Philadelphia Record excerpt describes a pigeon breeder watching a flock overhead and recounts a humorous moment where a mother pigeon sounds a warning and scolds a squab with a wingbeat. The fragment ends with the breeder addressing Mary and an unfinished thought.

Philadelphia

Smokers and the Decline of Scholarship in Boys

A New York Sun summary cites a teacher who, while a smoker himself, states that any boy under twenty who smokes regularly cannot hope to match non-smokers in scholarship. He notes numerous cases of bright students regressing after tobacco use, and observes smoking’s link to laziness, citing West Point and Annapolis as examples of strict anti tobacco measures and their limited success.

Military Academy West Point Naval Academy At Annapolis Weat Point Tobacco Road

Unclear account of a factory labor meeting dispute

A fragmentary tale from The World's Work describes union action at a factory and a confrontation with the owner. It recalls themes of responsibility, attendance at meetings, and the role of labor in governance, but the text is garbled and unfinished.

Also Mentioned on This Page

the Central Trust Company East Market Street W. Dark Epwanp H. Daxx W. W. Dark & Co A. W. Thomson Allen M. Fletcher N and Bryan Chica American National Bank Consumers Gas Trust Rhnone Iron - Steel Ns Holliday & Co Indiana Trust CO Safe Deposit Indiana Trust Building Virginia Ave Washington St the Marion Trust Co N. E. Cor Monument Place E. Market St Lathrop & Haueisen Law Building Marion Trust Company New Telephone Co Old Main Union Traction L Distance Consumers’ Gas Newton Todd Stocks and Bonds Fletcher Bank Building Poms Willi Lemeke U. S. Scale Co Terre Haute, Ind Sanford Makeever & CO Adame St Chi Broadway New Ok Oliver & Co Abiago Btosk Exchange Seattle David J. Kennedy Washington Street Stock Exchange Louisville Atlantic Coastline St. Paul Sterling Exchange United States Treasury Oernae Sainiee United States Bonds Car & Foundry Ae Smelt. & Am. Smelt United States Steel States Steel Chicago & Alton St. P C. Cc Colorado Southern Delaware & Lackawanna Delaware Hudson Denver R. Grande Anne Neeeeeneenen Iowa Central Kansas Dashville Pennsylvania Read Goutworern St. L. & Southwestern Wee Southern Pac’ Southern Railway Pike Southern Railway Exas Pacific A Na Louis & W. Louis & W Union Pacific Ws & Lake Erie Wisconsin Central Brooklyn Banks and Trust American National Sancee Capital National Central Trust Company Columbia National Indiana Trust Company Indiana National Evscee National Ee Trust Company Mt Unica A Trust Company American Central Life Indiana Indiana Title Guaranty Gaton Surety Co Broad Ripple Light. Co Indianapolis Improvement Indianapolis Gas Company M. Counties Telegram Diamantec Ational Biscuit National Biscuit Onetary Ings Treasury Statement Security Trust Company North Pennsylvania Street Capital &600 America CG. Daily GEC Ott OM. Packard W. Ch In Chmas Avin L. Payne National Fiber and Cellulose Co Kankakee Coda The West Lake Et Sanford Makeover & Co New York, N. Y Adams Street Midland Portland Cement Company Orlando M. Packard Fred W. Spacke and Treas V. C. Foulke Granger Farwell &C Cmscano New von New York and Chicago Stock Exchange Albert R. Thomson Mgr Lombard Building Ind New York Sun A. Fletcher & CO East John Tarrington William McAndrews Bugaboo Johnny Mamma
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