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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Topeka State Journal
Location
Topeka, Kansas, United States of America
Date
Apr 23, 1904
Page
13
Market session features heavy selling as both May and July options move decisively lower, illustrating a broad pullback. Traders watched option chains for resistance levels while implied volatility drifted higher on the session.
Grain futures traded weak with corn slipping while pork, lard, and ribs sold lower in Chicago markets. Reports show May and July options fluctuating as traders weighed supply, demand, and weather. Market tone remained soft through the session, with shorts active and prices edging down on several grain classes.
A. M. McDearmott Commission Co lists stocks grains provisions and bonds with direct private wires to Chicago and Kansas City. The message notes margin trading and telephone contact options for trading through their New Baylin Build and Wenene Avenues office, detailing specialized handling of U S bonds.
Kansas farmers led by P B Strong of Tecumseh quietly bought the last four $1,000 Topeka bonds. City officials had earlier offered $122,750.06 in bonds but found no bidders as Wall Street firms stayed away. Meantime farmers sought safer returns, with Me Strong and others investing surplus cash, while banks gradually absorbed portions of the issue at par through private deals.
A city bond issue totaling 122 765.06 dollars was partially allocated to contractors and private parties. Much of the remaining bonds were sold to private investors and savings banks while some were cancelled by the city. The city saved money by delaying payments and by withholding immediate sales, clipping coupons as bonds were sold.
Abilene area report says millionaire Anderson loses ownership dispute over a rich Alaska mine. Arbitrators award the mine’s remaining value to the other party and order Anderson to pay about 265000. He plans an appeal, claiming evidence was ignored and noting a claimed million dollar extraction. Also note Wichita interurban line progress with graders to start by Monday and route study continuing.
Evangelist A Frank Houser has been secured to address a men’s meeting at Crawford theatre Sunday at 3 p m. Topic Three Keys to Hell promises a direct, to the point message. A musical program precedes the address with performances by Frank Swearingen David Bowles HC Pribbie and others starting at 2 30 p m sharp.
A New York Sun note discusses shirts made with cuffs attached and collars, noting small adoption despite convenience. Laundering issues, differing collar styles, and the cost influence customer preference, with many preferring separate collars and cuffs for upkeep.
Chicago April 23. Officials say no definite settlement of the western train rate war was reached at yesterday's executive meeting but enough progress was made to give hope for an early adjustment.
Reports from Leargeworth Kansas describe a prison inmate Gustave Laudenburk slipping from a hospital ward Wednesday night. Officials investigate how an inmate received the prisoner files and citizen clothing. Laudenburk reportedly suffered typhoid fever and faced a three year sentence after a prior conviction.
Ed Howe of the Atchison Globe spoke to University of Kansas students on April 2 in Lawrence. His talk titled Some Experiences of a Newspaper Man drew on stories and lessons from his career, stressing wide local acquaintance and observing city life for material. He urged reporters to seek out key figures in towns and to value letters and country experiences for editorial insight. Further lectures by telegraph editor T Cutter and a Kansas City AP correspondent are planned on metropolitan newspaper operations.
Minneapolis Kansas reports plans for a new Farmers Elevator company to be built at the foot of West Second Street on the north side. Ground and furnishings supplied by BF Markley with lumber from Is. Officers listed as W C Poutlewalt president A B Guage vice president A Parton treasurer FF E Babcock. Rain returns lift crop prospects with blooming gardens awaiting fruit if dry spells end. Fort Riley and Lyndon Bank mentions amid mixed local notes and endorsements.
Topeka city council faces a dispute routed in sworn affidavits as councilman from the Second Ward and others challenge an $18 annual billiard hall license ordinance. Affidavits claim the measure aims to crush billiard business, while supporters cite revenue and legality under city authority.
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