The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-09-18


marks; other securities increased s,sss 200
marks; notes in circulation decreased 2.6oo.-
600 marks.
Money was easy at London yesterday.
The new issue of SIC. Coz. 900 of treasury bills
next week will reduce the floating supplies
ing bills to Sis. s65. 600 and it will probably
be considerably further increased before
the year end. Discounts were firm.
Business on the Paris Bourse yesterday
opened irregular and later trading was
dull. Spanish fours were easier on adverse
exchange. Russian industrials and Thorn
were lower. Rio Tintos suffered
a serious relapse on rumors that the divi-
demo would be lower than anticipated. To-
ward the end prices were hrmer. Rentes
made a good recovery and Spanish fours
hardened slightly. The private rate OF dis
count was 2 lis per cent.
F. Lindsay Coleman, Colonel Albert A.
Pope and John E. Miller were yesterday
appointed by Judge Colt, in the United
States Circuit Court. at Boston, ancillary
receivers Of the American Cycle Manufac-
to take charge of it's property in Massachu-
sets. They were appointed In a SUIT
brought by the American Wood Rim Com.
pany, a creditor, and Frank J. Stinson. OF
New York. a stakeholder, and are 10
furnish a bond for $4,000.
The Jill Shimbo, of Toxic. Japan. reports
that Samuel Hand & Co have accepted the
offer of the Dai San Ginko to sell the Osa-
ka harhor works loan bonds In London TO
the amount of $4,000 yen at IS yen per
100 yen face value. The minister OF finance
announced the issue of treasury bills to the
amount of 100000 yen on Sept. Is, the
The amount of discount is to be fixed by
means of compilation, the preference be-
ing given 10 the lower rate.
A London news gency says that the
Norfolk & North American Steamshipping
Company. owning nine large steamers;
trading between England and the United
States in connection with the Lehigh val
ley ad Reading railroads.. has been taken
The agency's announcement adds that
this report has created a sensation In local
shipping circles. The fleet has. an aggre-
ply between Philadelphia and London, and
the service is known as the Philadelphia
Transatlantic line.
Frank P. Hays, bond officer of the Mis-
sisippi Valley Trust Company of st. Louis,
who has the registering of it's stock, yes
terday announced the plan of organization
of the National Candy Company. recently
Incorporated in New Jersey. Tn National
Candy Company has a capital stock of
$9,0O0,0O0, $1,00O,0O0 of which will be z per
cent. cumulative first preferred stock, ST.
000,0 600 z per cent. cumulative second pre-
ferred stock and 5000 600 common stock.
The entire issue of second preferred stock
and common stock Is to be taken by the
vendors, but approximately 100000 of the
second preferred stock and approximately
3cuD,uU OI the I'LL BLUM VIII NC hCiu
in trust for the company, to be used when
sold for the purchase of additional plants
or other corporate purposes.
Retail butchers of New York city have
taken the first active step toward the con-
summation Of their plans to work indie
pendently of the Western packers. AT a
meeting of the board of directors of the
New York Butchers Dressed Beef Com
pany 1T was decided to begin at once the
breaking of ground for a new abattoir
The new company expects to be ready
for it's customers in the spring of 1903. II
will engage in business on lines identical
concerns, and will deal In all products in
which they deal. 1t will be conducted
largely on the cooperative principle, and
closely allied with 1t will be a retail butch
ers' exchange, the member of which can
send their surplus stocks of meat and have
them sold or exchanged at their full value.