davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-11-19
Strong and Comprehensive Movement
Following n Day of Somewhat Err
ratio Minor Fluctuations.
STEEL WAS THE WEAK POINT
PREFERRED ISSUE REPEATEDLY
DRIVEN TO NEAR FIFTY.
1t Shared I'm the Late Advance-Easier
Money and Another Engagement
of Gold for Import.

NEW YORK. Nov. 1s-Prices ruled above last
nights level throughout to-days session OF the
Stock EXCHANGE. but there were numerous minor
fluctuations until the tendency of the market
was clinched by strong and comprehensive up
ward movement in the final dealings, which car
ried prices to the highest level Of the day. where
they closed. Net gains of to points are the
result.
The market showed hesitation from time to
time. chiefly on account OF the recurrent pressure
United States Steel preferred This STOCK
carried back to 50A soon after the opening
and reacted to that point or near 1t several
times during the day. each time with disturbing
effect the market. Circumstantial reports OF
a determination already formed to cut the price
of steel rails had the principal effect on the
stock. The assertion was made that orders on
the books of the steel rail mills represent almost
wholly the residue from orders for last year,
but carried into the present year. The
report OF cut in black steel sheets also was an
The resistance offered ,nS,eS to ne bnyins
for account of the preferred stock conversion
syndicate The stock finally sympa,niaedd w Tdsa
more than point over last night, thus freeing
the market from its restraining influence ana
facilitating the closing advance.
The stirring OF pool operations IN nu He Oh
minor railroad stocks continuing feature,
some of those which rose yesterday being still
affected while others of the same class were
had no great effect on the market. but the re-
sumption of this kind of speculative activity is
considered symptomatic of the easier conditions
of the money market. and the decidedly less
stringent exactions regarding collateral and
even regarding the proposed use OF borrowed
funds. which have been existent in the money
market in the recent past. Money could be had
to-day for short periods down TO sixty days for
5ia per cent, while for longer periods the rates
lower. but with practically no business.
With the easier tone in money and the recovery
in exchange there was an awakening discussion
as to the probable termination of the gold import
movement Chicago reported practical cessa-
ton of demand that center from the crop
regions for money, and IL was believed likely
that the gold already engaged would fulfill re-
quirements. The total engagements have reached
the neighborhood of 100000. of which UPWARDS
of s6,512. 600 is still due to arrive. Heavy Of
ferings OF cotton bills weakened the exchange
rate again and additional s500.0o0 gold
taken in London for New York. This was prob
ably decisive influence on the late buying
movement in stocks.
Bonds were dull and about steady. Total sales
at par value 81, 900. United States twos
declined II and the old fours u per cent. on the
last call.
Following the days share sales and the
recorded price changes:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-11-19
LUith the Grain Brokers;
Present Market Conditions

1.-The wheat situation is peculiar" said
Edward w. Bassett yesterday. 1.-The light
crop is about exhausted now and red
winter is commanding an enormous prem
ium. In every market in the world red
winter wheat seems to be worth more than
the present quotations indicate. 1 think
winter wheat will sell up to between so
and 30 cents We are not believers in the
radical dollar-mark market 1t is a prob
lem now. however with the wheat millers
where their supplies are to come from
when the present stocks are exhausted,
which will be the condition in thirty or
forty days"
LAS to corn, we are now five weeks late
in moving the new crop and much of the
new won't do to move now for two weeks"
continued Mr.. Bassett. when the value
of the stock Is considered and the fact
that present prices give the farmer only
81 cents for the best of his new crop and
30 cents for the lower grades, we believe
the price is too low for this cereal We
also believe from our own reports that
the recent government report showing
800. co., 900 bushels too high for the crop of
merchantable corn"
xxx
The cold weather may damage the grow
ing wheat crop, but this new weather con-
dition will not likely have an effect i'm
mediately upon the price of wheat.
The cold weather should improve the
condition of the new corn crop and should
also improve the demand for ii to cor
respond with the better condition, hence
the cold weather isn't regarded by local
brokers as a bear element on corn.
Wheat has sold down little too low
said George Bridenbucher. IT think there
will be a reaction. Wheat prices are too
low. I mean. i'm comparison with the other
markets. However. / don't think there
will be anything like a runaway wheat
market Care should be used in purchasing
on the buges and l would consider wheat
a sale on an advance of more than cents. %
81 look for better prices in corn" said
w H Cooper. THE market will drag for
some time yet. though. think. After the
holidays things will begin to get more live
ly. Corn has gone lower now than ]
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-11-19
GUARDED BY MARINES
AMERICAN INTERESTS AT SAN
DOMINGO PROTECTED.
Blue Jackets Landed from the Cruiser
Baltimore and Stationed at the Lee
cation and Elsewhere.

SAN DOMINGO, Republic of Santo Do
mingo, Nov. 17.-Severe fighting took place
last night around this city. The rebels
were prevented from entering the capital.
The loss of the rebels is not known. The
United States cruiser Baltimore landed ma
rines to protect American interests. Guards
were placed at the American legation and
consulate and the Clyde steamship agency.
The situation otherwise is unchanged. All
is quiet this morning, but new attack Is
expected at any time.
WASHINGTON, Nov. 1S.-The State De-
partment to-day received a cabegram from
Minister Powell, dated yesterday, In which
he says: General attack on city of San
Domingo last night. Baltimore landed ma
rines for protection of American interests.
In another cable, dated Nov. 16. also re-
ceived to-day. Minister Powell says: Sit
uation desperate. City is constantly under
fire Of insurgents and shells are falling in
the city. An assault is momentarily ex-
pected.
Several kilograms have been exchanged
between Rear Admiral Taylor, chief of the
Bureau of Navigation, and Commander
Briggs, commanding the protected cruiser
Baltimore. which vessel has been cruising
in the Dominican waters safeguarding the
interests of the United States. Commander
Briggs reports indicate that the lombard
ments of San Domingo by the Instruction
lists have been hot" Having stated that
his coal supply was running low. Com
mander Briggs was authorized to take the
Baltimore to San Juan for coal and then
return to San Domingo city. In order that
the interests of the United States in the
last-named city should not be left unpro-
tected in the absence of the cruiser Balti-
more, orders were telegraphed to Com
mander Diehl, commanding the gunboat
Newport, at Puerto Plata, on the north
coast of San Domingo, to proceed at once
to San Domingo city, the southern
coast. 1t is stated that it will not take the
Baltimore more than day or two to make
the run to San Juan and back to San Do
mingo.
CAPE HAYTIEN, Hayti, Nov 1S-A dis
patch from Monte Cristo says information
has been received there from Santo Do
mingo that United States Minister Powell
accompanied by Minister of Foreign Rela-
tons Calvan. has gone aboard the United
States cruiser Baltimore. The object of
their visit to the warship is unknown. The
arrival of the United States gunboat New
port is anxiously awaited. She is be-
lieved to be still at Puerto Plata.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-11-19
LOCAL WHOLESALE TRADE
COLD WEATHER OF GREAT BENEFIT
To COMMISSION MERCHANTS.
Easier Tone Noted I'm F1Our-1ncreas-
ing Movement i'm Provisions-Larg-
er Arrivals of New Corn.

The colder weather Is imparting snap to local
business. On Commission row there were heavy
sales. yesterday. OF apples and other fruits and
vegetables for domestic use. and seldom is
there a better day for general trade. The
weather is exceedingly important factor in
this lire OF business at this season OF the year.
and families have been slow in stocking up dur
ing the recent moderate weather. Prices in this
market are low. compared with costs at main
sources of supply. but the cooler weather is CIV
ing a hardening tendency to prices generally. In
refined sugars there is large movement, prob
ably owing to the low prices which prevail.
Wilt & Gray. OF New York, say: There is lit
tie to be said about refined. except that the
business In the form OF Withdrawals continues
very good. while orders come In very
slowly. Cutting goes in some grades OF soft
prices OF hards well maintained. Early in
the week the American accepted orders with
the thirty days privileges. out st the close they
less inclined accept business on these
terms. other rehners however, grant the usual
delays In deliveries under the guarantees as
Ing market rapidly from Michigan where
the crop prospects are improved. The sugar
Eastern cane granuIated as customary
Conees are very strong the future crop is
ton OF coffee at this season OF the year. In all
staple groceries there is an active movement.
ers generally are apprehensive of further de-
clines. and buying only for immediate re-
Quirements- The cooler weather has caused an
Increased demand for butter and prices are
steady and firm for choice grades. Poultry also
supply, but with the brisk demand move readily
Game Is coming on the market in considerable
quantities and meets with ready sales. Rabbits
and ducks are In good request prices quoted.
Dry goods houses report trade better this
week. and prices are steady at the revised QUO
tations OF yesterday. The seed market Is unusu-
ally quiet and prices unsettled. In provf-
sions there Ia healthy movement. Sales are
Dow in excess Of those of November in former
years and the export trade also is increasing
Leather Is more active. with prices firm but
unchanged The hide market moves along much
IN the rut OF some days past. The confectioners
usual with the approach OF holidays are
very busy. Prices are somewhat shaky. Iron
and steel merchants report their business as
good. but not what II would be were prices OF
manufactured articles settled.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-11-19
AT NEW YORK.
Flour More Active and Firmer with
the Rise I'm Wheat

NEW YORK, Nov. H.-FIour-Receipts n lag
brls; exports, 5.311 bris. Market more active and
hrmer. Rye nominal; No. Western, sc Z. o.
b. anoat. Barley quiet; feeding. ssc T. O. b.
Buffalo
wheat-Receipts. so5o bu; exports. Is. sss bu.
Spot firm; No. red. size elevator. s7tsc T. O. b.
aioat: No. l northern Duluth. ssHc (. o. b.
aioat. options experienced much strength during
the forenoon rigorous support based on the
cold weather firm cables. light Northwestern
receipts. strength OF outside markets and cover
ing After midday further advances occurred ON
bull activity in December and last prices
showed Ac 10 nc net rise. May S2SsTS3I.c
closed at s3Le; July, 7sSsG79%c. closed at TsEc:
December. S6%nS7hc. closed at S7Ac.
CCrn-Recepts, 42250 bu; exports, IS SIS bu
Spot firm; No. 2 4sac elevator, 50%c T. o. b.
afoat No. yellow. 5l4c; No. white 5OIsc
Options opened inactive but steadier, following
wheat the close being firm and &c TO NC net
higher on late scare of shorts. May, f7s.fi475sc
closed at 47Ac; December. 4ssQi9Ae. closed at
oats-Recepts, 1900 bu; exnorts Is bu spot
frmer; No 2, 4ic; standard white. 42ikc: No 8
iosc: No. white. i3c; No. white. 42c: track
Cut meats steady; picked hams. sio5oqn
Lard dull: Western steamed. $40. Refined easy
continental. Seo; South American. ss-55: COM
pound. $s5o46-75.
Cofee-Spot Rio steady: No invoice, sisc
Mild firm. The market for futures opened steady
AT unchanged prices. with trading rather quiet
Taser a. little stronger covsrins
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-11-19
VIEWS OF GEN. GOMEZ.
Cuba's Patriot Thinks Promissory
Notes Should BE Issued to Soldiers.

HAVANA. Cuba, Nov. 1s.-A stream Of
visitors called on General Gomez to-day
and congratulated him on his sixty fourth
birthday. The general said to corre-
spondent that although he continues to con-
tend that the Cuban army should be paid
in full, he would not comply with the re-
quest of the forty veteran Cuban officers
who at a meeting Monday night agreed
unanimously that President Palma erred
In declaring that the army would accept
less than the amounts credited in the Co
mez commissions lists, and appointed a
committee to ask General Gomez to inform
Senior Palma that the army Of liberation
was not disposed to yield a single cent of
the amount legally accredited to-day. His
reason for declining to accede to the re-
quest is that he does not consider the
meeting to have been representative of
the whole army. Gomez strongly reiterates
the feasibility Of issuing government notes
for the soldiers payment, after the amount
obtained by the loan is exhausted He
deprecates, however, the use of other than
peaceful means to induce Congress to so
legislate, and says he does not believe the
American lenders will object to the is
suance of such notes, as Cuba's ability to
pay mas amply been proven.
General GomeZs ideas are not shared in
government circles. The officials here be-
lieve the army will eventually accept the
amount which can be borrowed
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-11-19
TRADE IN GENERAL.


ST. LOUIS. Nov. ls;-Flcur quiet and nrm;;
red E1te. {, PStsns Sgs s5s5s fan Tmo ahS
Com meal quiet a. ds, n : sssssy a ssSss IN
S Sa track SifAiF IS 5ss ss Ss
No cash slse track ;ssc. pscsmssr .esss;
bacon steady: boxed extra shorts. SIS: clear
TSs S s 6Psr clear aS g. MS. ssT0s Steady s at
slsl. Cotton ties. s1.o5. faggins. s@qe4c
HEMP ~, wns .s co1s So M o. ss
Shipments-Ffo,ir 600 brIs; wheat. 5000 bu;
corn. 1890 bu; oats. 1900 ba
ss kANs Nay, ssilassse; cash. no. hard 40
7sc; No; s7q7oc: No red &c: No ,s; ss st:
cash No. miied. s7,sdssc: 80. white. ss,sc:
No 3. sSc. oats-No white Ssc: No. mixed
sgS@c: e oO bv sSpmeitspwhest lsoeoo
bu: corn. $500 ou oats. 5000 hu.
LOUISVILLE, Nov. 1S.-whsat-No. red and
I BeansNortsefn picked SIS per bu; In
diana new beans. s225 per bu Hay-choLee; y. IN
straw. 81 5OQs Clean ginseng. s5.25qs. Onions.
s.. 75a2 per bril- Cabbage. 81 Per crate. Peppers.
mixed mike N Sc. Oats steady No y mixed ssessHc
B Byik meass quiet al $50 Bacon steady at
gS7h. whisky steady at SIS, Sugar easy.
DULUTH, Nov. R--Wheat-S(o arrlNes NO
hard slIkc; No 1 northern Sc; No. northern.
Tie on track: No l northern. sic; No.
northern 7sI6c No. spring. 75lxc; December.
7sc May 7sc. Oats-On track and 10 arrive.
33zc.
TOLEDO, Nov. 1S-Wheat-December, S6hc:
Nav SIC; cash, SEC Clover seed-Cash. $6.4sh.
December $50; January. se55. February,
IS 62Ik; March, S6.67iz; prime alsike. 500; prime
timothy, sl.55.
MINNEAPOLIS Nov. acknowledgements.
s9l. ds0ssc; May, s0lsqS0Ac; on track. No 4
hard. SShc; No. northern s2isc; No. north
ern 797kc: No. northern. 75G76c.
LIVERPOOL. Nov. 1s.-Wheat-Spot steady;
No 2 red Western winter IS ID. Corn-Spot
quiet; American mixed. IS l0isd.
BALTIMORE Nov. OBSERVATION-DISCLOSURES,
Sc November. sac. Corn-November. 4shc;
December, 4SAc.
MILWAUKEE. Nov. E--Barley firm: No. z,
64c: sample, 5000
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-11-19

thought 1t would and the market will sure
ly take an upturn."
If there is much of an advance in the
December wheat market z. B. McComb.
Cooper & Oddy's road buyer, says the In
dianapolis cash dealers will take in a lot
of red winter and No. 1 northern The In
dianapolis markets are lower than the
LOUISVILLE, Cincinnati, Lawrenceburg, An
derson or Muncie market now, he says, but
they will be boosted up in a hurry if the
December option advances much.
There is very little wheat moving in this
section now said Mr.. McComb.
1.-THE advance in wheat at Chicago Is due
to the cold weather in part" said James E.
Berry. "A lot of wheat will be del,yed
in reaching Chicago on account of the cold
spell This is one factor, / think, in the
advance"
Corn is worth the money, but speculative
interest can stimulate the market either
way. believe. The corn market $ sensi.
tive. l would advise buying only on
breaks, said George Bridenbucher
1.-THE oats crop is so light and the move
ment is so meagre and the reserves so
small that we can say but little for the
price, either for or against it." said Ed
ward w. Bassett- 1.-THE price may be high
enough and yet present Indicators are
that there may be an advance"
xxx
The movement of new corn to the sea-
board from this section will begin to get
pretty heavy within the next two weeks.
according to the views of local cash try-
ers. The bulk of the wheat has alroa,ly
been moved. A well-known cash dealer
says the movement of corn IS liable 10 be
handicapped by the inability % the rail-
roads TO take care of their end o. the sit-
uation. There are already signs OF the rail-
roads not having enough motive power 10
handle the present movement adequately
and there Is fear this condition will grow
worse when the corn shipments to the sea-
board get heavier
while wheat opened higher following the
Northwest markets there is not Inuc trad
ing says Albert r. Thompson a. TO-
Chicago pit correspondent. II cannc. see
| that the advance in wheat Is ,lue to any
thing but manipulation Of December"
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-11-19
Local Financial Gossip;
Bankers and Brokers' Talk

The strength of yesterdays market leads
some of the local brokers to think the long
decline in stocks is about, or perhaps en-
tirely. over.
This market has been pretty strong to-
day." said a well-known broker. "It may
be that the bottom has been reached and
that a permanent upward movement has
begun. There is a difference between the
bulges. There are pools working on the
market again and this indicates to me
that there is ground for the opinion that
the market has started upward. When
means that there is some reason to believe
that conditions warrant purchasing. Those
people in the pools wouldn't want the
stocks If the price were going back again
right away"
Local securities a purchase" said
Sol Meyer, of Meyer & Kiser. These
stocks may have to be held for some time
to realize profit in the way of an ad-
vance, but they are all good stuff. They
tain. and there's money to be made on
Them"
A private wire from New York says the
Standard Oil interests are responsible for
the advance in the stock market.
Bankers are of the opinion that this
weeks New York bank statement will not
show a wide change in the surplus. The
bulk of gold engaged for import will fig
ure in the bank statement. 1t is expected
that sufficient gold will be imported to pre-
vent excessive rates for money.
''The room thinks Steel preferred is be-
ing raided to assist covering other stocks"
says a New York wire to Meyer e Kiser.
Certainly the general market shows a
good deal Of strength
x
Taylor, the New York fnancier, wires
Meyer & Kiser as follows: "You might call
your friends attention to these facts: That
Notwithstanding the tremendous hammer
ing the market has had to withstand the
past three months and the general unset
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-11-19
nutter. Cheese md Egg.

NEW YORK, Nov. 1s.-Butter-Receipts. 4Sl
packages. Market quiet to firm: extra cream
cry 23c: creamery common 70 choice Gzzc:
State dairy l562Oc Cheese-Receipts. z.f73 pack
ages Market quiet; State full creams. fancy
small colored September. ike; late made. l0tc:
small white, september, 1O&c; late made. 1o&c:
large colored, September. uxc; late made, 10tc;
large white September. Inc. late made. 1e&c.
Fggs-Receipts, 5.424 packages Market nrm;
state and Pennsylvania average finest. S1cs state
ard Penr sylvania seconds TO frsts, H4ssc; West
ern extras 3iG32c: Western thirds 70 seconds.
24d2sc: Western firsts Soc refrigerated. 2o> u23c
CHICAGO, Nov. 1S.-On the Produce Exchange
to-day the butter market YVES INN; creamery.
l56a2c: dairy i<disc. Eggs firm: az mark. cases
Included, 22G24c. Cheese steady at 1o1z0lc
PHILADELPHIA. Nov. B--Butter steady ana
In fair demand; extra Western creamery. I5cs
nearby prints. 2.c. Eggs firm and In good DC.
zoe: Southwestern. 2eQ7c Southern. 1gzsc
cheese dull end easier New York full creams,
fancy, 11%4l2c; choice. u1sc: fair 10 gooo lo&9
11hc.
CINCINNATI. Nov. 1s.-Eggs firm and higher
at 25G27c. Butter steady: creamery extra. &c:
frsts 22I221kc; seconSs, 19izW201zc; dairy, E1sc.
Cheese steady; Ohio fat 10i.c.
KANSAS CITY. Nov. B-Esgs nrm: Missouri
and Kansas. 24c, cases returned; new No.
whitewood cases included. 24isc-
ST LOUIS, Nov. 1.-Butter steady; creamery.
1sT23c: dairy. 1SQ1sc. Eggs firm at 2fc. loss on
louisville. Nov. 1s.-Butter-Packing. 12i1c
per ID; good country. l5c. Eggs. 2ic.
BOSTON, Nov. 1s.-lSpeciai l-Eggs-s
fresh firm at 2792sc.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-11-19
IndianapoIi. Grain Market.

Receipts OF grain. more especially of new corn
are increasing. and from larger receipts
are anticipated Corn Is in excellent condition
and the outlook for brisk demand is prom
ising In wheat and receipts are so light
that there Is little doing. Prices. as reported
by the secretary OF the Board OF Trade ruled
follows:
Wheat stronger: No. ? red. SsIkc track, Ssisc on
milling freight: No. red. S01ac track: NoVem-
Der. S3kc: wagon. SIC.
Old corn steady No white. 43atc: No. 3
white. 43Ac; No. white, 4s.c: No. white
mixed ssizc: No. 3 white mixed 4slsc: No. 4
white mixed. Hiac: No. yellow, 43lzc No. 3
yellow. 43lsc; No. ! yellow. t1l1c: No. mixed.
4S1sc: No. 3 mixed. SIC. No 4 mixed. 41Ixc:
ear &c New steady; No. ? white sOisc: No Z
white. 40i1c: No. white. SShc; No. white
mixod. 401lc: No. white mixed. 40iec: No. 4
white mixed. 3s1zc; No. yellow, 401zc: No. }
yellow. foizc. No. yellow. 3Si7c; No. 2 mixed.
>o3sc: No. ; mixed. Dlsc: No. 4 mixed. 3slsc:
ear. &c
Oats stronger; No. ? white 3sisc: No. white.
Sc: No mixed 3izc: No. mixed. SIC.
Hay stronger: No timothy. sil-e5; No. 2 tim
ofhy. SO.
inspecsions-corn: No. white. cars: No. 4