davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
At NEW YORK.
Wheat Goes Higher. hut Corn shows
Marked weakness.

NEW YORK, Oct. MISUNDERSTANDING,
22,9S7 brls; exports. 1852 brls; sales. Loo
packages. Market firm and held higher.
Rye -four firm: sales. 900 brls; fair TO good.
50. 2003.40 choice to fancy. s.. $3.50.
Wheat-Receipts, lilo bu. Spot firm; No.
2 red. s57sc elevator. s7asc (. b. ahoat; No.
i northern Duluth. 91Tsc 1. o. b. afioat, OPP
tions were active and stronger. led by De-
cember, which reflected light receipts. high
er English cables. a liberal short interest
and a bullish cash situation. Foreign
houses also bought options. The close was
strong at lzQs.c net advance. May, So Ills
asa 5-16c, closed at Sii4c; December. SEA
S67kc, closed at Ssssc
Corn-Receipts. $3.50 bu; exports, 3.22s
bu; sales. 225.oo0 futures, $1,000 bu spot. Spot
weaker; No. 3 521zc elevator, Sc I. o. b.
afloat; No. yellow. 55c: No. white, Sc
Pronounced weakness appeared i'm corn. re-
sulting from better weather news, easier
cables, unloading and absence OF crop dam
age news; closed lzGssc net lower. May.
49kGi9s4c closed at 4Sl4c; December. 5lAq
SIC, closed al 5ll2c.
bu. Spot steady; No. ?, 4l14c; standard
white, f3c; No. 2 43ikc: No. white, 43c;
No. white. 42i-c; track white Western.
43lzd45c; track white State, 4l1zq4Sc OPP
tons nominal.
Hops steady: Pacific coast. 1903, medium
to choice, 2SG33c. Lard steady; Western
steamed, si.ao fAtilHeu uuiet, couAiuc4itais
$3.50. Tallow easy; city, &c; country,
42ds7sc.
Coffee-Spot Rio firm; No. invoice. 5ssc;
mild steady at 7ul1c. The market for fu-
lures opened steady at a partial decline Of
points under disappointing European
cables, but was rallied later by renewal
of the demand recently noted, which in this
special instance was encouraged by smaller
primary receipts and Brazilian cables pre-
dieting that the interior movement would
soon fall off. There was also some switch
ing from November TO the later options.
higher Sales were 81 $50 bags. Including
November 4.S0d490c; December, 545.35c;
January 5l5c; March, 5.25m5 CSC: May, $40
6I5.5oc; July. 5.55u5.6oc. September. SEQ
s. zoe.
Sugar-Raw firm: fair refining. 3Ssc: CEN
| trifugal 9e test, Sac; molasses sugar, sac.
Refined firm.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
DRESSER G. CO.'S AFFAIRS.
Testimony Concerning Value of Secu.
rites Held by the Defunct Firm.

NEW YORK, Oct. 1.-THE hearing be-
fore Stanley w. Dexter referee in bank
ruptcy in the case of Dresser & Co., was
resumed to-day, the proceedings having TO
DO with attempts to establish the value of
certain securities deposited in an endeavor
TO settle the affairs of Dresser & Co., Of
which firm Leroy Dresser, who is involved
in the pending United States Shipbuilding
investigation, was the head. Dresser & Co,
a commission firm, went into bankruptcy
and was placed in a receivers hands in
March 1903. with liabilities at 81 l50,0 co., Mr..
Dresser offered to pay creditors in full II
the business was allowed to continue, offer
ing 10 deposit securities of a guaranteed
value of $4,000 security. Charles s.
Mackenzie, bne of the receivers, testified
that he had learned for the first time to-
day that the securities which had been rep
resented TO him standard stocks of a
market value of $4,000. including In reality
stocks and bonds of gold mining and I'M
developed railroad companies. which were
worth far less than that amount
Gilmore ID. Alvord identified an agree
ment signed by him with other guarantors.
together with Mr.. Dresser, 10 turn over
$3.50 600 worth of securities the agreement
but he admitted that the securities depos-
that the purpose was TO rehabilitate the
credit of Mr.. Dresser, so that he might be-
come president OF proposed real estate
corporation. Other testimony OF similar
nature was given.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
THE LIVE STOCK MARKETS
SLIGHTLY BETTER OUTLOOK FOR
CATTLE SHOWN YESTERDAY.
Increase of Activity i'm Hog Market
but Little Change i'm Prices
sheep supply Light.
mon sTocKYARps. INnIANAPoLIs. Oct.

UNION sToCKYARDS. INDIANAPOLIS. Oct
E.-Cattle-Receipts. geo: shipments 600 The
combined receipts of cattle for five days indi-
cate an increase OF 800 over the same time last
week and 1.400 over the corresponding time a
year ago. The receipts to-day We're large as
week ago. but 400 smaller than year ago
About the kind of cattle represented
as heretofore this week, which means that there
was small proportion of the consignments that
were up TO the requirements at this time in
every particular. AS usual there were quite a
number of cattle that ordinarily would do TO
kill, but most of them were deficient in quality
and many of those that We're equal 10 the stand
ard in quality were little below the require
ments in flesh for killers. In fact, buyers have
had more less difficulty all week in getting
cattle of proper weight, quality and fat. The
market to-day opened with practically all buy
in the field and although there no ur-
gent competition. there little better out
let than yesterday and the market on that ac-
count appeared lively. Prices, however
except possibly in a few isolated cases were no
higher than they have been the past few days,
but doubt were generally up to expectations.
good many cattle that have been carried over
this week by owners who hoped for rally in
prices sold to-day at former bids. 1t was
observed that the cattle good enough to kill
changed hands first and as usual it required
more or less time TO transfer the stock that was
little great deal below the requirements
of killers. The demand for good feeding cattle
fair and sales usually at steady prices.
but common stockers and feeders found slow
outlet and had no established value. review
of the market to-day with comparisons with a
week ago indicates that steers selling above
$3.50 generally 15c to 25c lower, while lighter
killers. such sell around s4Q4.25, have suf-
fered little change. Good feeding cattle
steady and the best COWS and heifers, on
account of the continued scarcity have sold at
strong prices. The common TO fair steers and
females have sold generally at prices dictated
by the buyer and the bull trade has been quiet
with important changes in prices. AT one
time in the week calves were lower, but to-day
they were the highest of the week. Quotations:
hni 1 lhs and IN
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
Surprise for the Bears.
IPorterheld & Co.'S Wire.l


NEW YORK, Oct. 16-The bear faction.
which had grown bold through its past vic
tories and which believed the market could
never turn was treated to a very costly sur
prise to-day. in which it lost more in two
hours than il has gained In the hard work
of two weeks. London purchased about
10000 shares. the majority of which was
United States Steel preferred. The Gould
and Rockefeller brokers bought throughout
the list and advances ranging from 81 to 81
a share followed, with the final prices at the
top. The grangers, Atchison, Union Pacific.
ST. Paul and others gained over 81 respect
lively. Baltimore & Ohio, Erie and Reading
led the coalers. While all the industrials
made great gains, L. s Steel preferred 3
points. Amaigamated Copper over g. Car
Foundry, T. G. 1. and others nearly as much.
The fact that there was a better feeling in
Pittsburg. Philadelphia and elsewhere and
no more stocks were liquidated helped conf
dence. Then when 1t was known that the
banks had gained upon the week and the
Western movement for crop purposes was
insignificant, Wall street awoke TO the fact
that outside of its own pessimistic atmos-
phere the general country was healthy
financially. 1t is believed stocks will sell
higher.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
JAPAN Is BUYING WHEAT
THIS HELPS THE CHICAGO MARKET
TO A GOOD ADVANCE.
Corn and Oats Lower-Smail Gains
in Hog Products.

CHICAGO, Oct. ia report that japan
was buying wheat i'm India was influential
in the market for cereals to-day and with
the added impetus afforded by a sharp de-
mand December closed with net gain of
1c. Corn, on the other hand, yielded to
domestic conditions and dropped hdssc.
Oats closed nc down and provisions UNI
changed to 121sc higher.
The demand for December wheat was
quite sharp, but offerings were limited and
as a result the price of that delivery
showed a good gain Shorts were active
buyers throughout the session and the de-
mand from this source was responsible for
much of the advance. Opening prices were
steady on a private dispatch from Liver
pool stating that Japan was buying wheat
in India, December being &c lower TO &c
higher at 79asc to 79s4c, but with the mar
kets in the Northwest showing a good adj
vance early in the day prices here fol-
lowed suit and continued strong the
mainder of the session, although there were
some slight recessions on realizing Deem
Der sold up to S0ssc and closed at S0i1c. a
gain of 1c for the day. Clearances of wheat
and flour were equal to 5l2 200 blu. Primary
receipts were 1,0ll, 500 Blu. against 1,2l0,0o0 bu
year ago. Minneapolis and Duluth re-
ported receipts of 5SS cars, which, with local
receipts of 104 cars-pone OF contract grade
made total of 6S cars, against 15l last
week and S74 a year ago
Continued dizziness in trade discouraged
corn holders and there was heavy liquida-
ton of long lines, with commission houses
also the selling side. Gables were lower
and had a weakening influence at the start
The throwing over of line of two million
of the trading After selling between +7sc
and 45asc December closed l4Qssc lower at
441sc. Receipts were 32S cars, forty-two of
contract grade.
A feature of the trading i'm oats was the
line for May for a prominent operator and
this selling was responsible for the weak
tone which developed early in the day.
Freer country offerings and falling off
in cash demand were assigned as reasons
for the change of front of several infiuent-
ial local traders. Toward the close the
market was helped by the strength in wheat
and December closed only Ac lower at
363sc after ranging between 36l4 &c and 3634
Receipts Were 21l cars.
Lower prices at the yards and increased
stocks caused easy tone in provisions
at the opening and with only small de-
mand the market showed little inclination
to advance. Packers were more disposed
to support the market than of late. A
steader tone prevailed late in the day and
January pork closed 12l1c higher at $12.07iz,
lard up 215c at $6.721z and ribs unchanged
at s6.371.
Estimated receipts for tomorrow. Wheat,
o. cars corn, sos: oats, 300; hogs, 1000 head.
Leading futures ranged as follows:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17

NEW YORK, Oct. observation-disclosures 5s7<
packages. The market was steady. Extra cream
cry zic creamery, common 20 choice. 1ed2oC
state dairy Ia lSc. Chsese-Receipts e.7z3 pack
ages. The market dull State full cream.
fancy small colored. 1lizc; small white, fftsc.
large cOlored. Ike: barge white. Ike Eggs
Receipts Ass packages The market arm
state ana Pennsylvania fancy mixed. S5426c:
Western extras. &c: Western thirds 10 seconds
l7622c: Western frsts. z3a24c. state and Penn
sylvania seconds TO frsts. e0024c.
PHILADELPHIA. Oct. l-Butter steady and
in fair demand: extra Neetern creamery. slc,
extra near-by prints. -. Eggs nrm and IN good
demand; fresh nearby, 2tc az the mark; fresh
Western -. loss on; fresh Southwestern. 22D
pc losS of: fresh Southern. 2i412c. Cheese
lower: New York creams. fancy. l24i2Ac. New
York creams. choice. liacs New York creams
fair 10 good, u0Iiso
CHICAGO. Oct Is.-On the Produce Exchange
to-day the outter market was firm. creameries,
l55af20ixc: dairies 14diSc Eggs firm al lS1irkc
at the mark. cases included Cheese steady at
IIQilhc.
KANSAS CITY Oct. 1s.-Eggs steady: Missouri
and Kansas. cases returned. lSszc; No. new
wildwood cases included. l9c.
sr LOUIS Oct ls.-Butter steady: creamery
I7@2iszc: dairy. li4iSc. Eggs higher al Soc
loss OF.
CINCINNATI. Oct. ls.-Eggs firm AZ eoc. But
ter quiet. Cheese STEADY. Ohio nat. 10kc.
LOUISVILLE. Oct 1e-Buttcr-Pac.ine fz,<c
per 10: good country. isc. Eggs isiec, 49,
BOSTON. Oct. ls.-fspecial.l-EgE steaaV ~
22qz5e-
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17

If YOU think you have a cause ~ action or
desire any information upon any legal PROPOSE
tion sends a tut and complete written state
rnent CT the facts. together with the sum OF s.,
and We viii send YOU written opinion based
uion the law and facts in that particular case.
We guarantee satisfaction in every particular or
10 charges viii be made. attorneys IN towns
outside OF Indianapolis where library facilities
are inadequate sol cited % advise with us IN
All matters requiring exhaustive research. All
claims placed in hands viii receive our
prompt and vigorous attention. High-grade ref
erenees given upon request. Address NATIONAL.
LEtiAi. BUREAU. Suite 44-85 Central Trust
Bldg. indianapolis. Ind.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
Representative Sales

Sheep-Receipts. $50; shipments none. The
marketing of sheep and lambs thus far this week
shows very little or change compared with
the same time last week. but decrease of 100
compared with the corresponding time a year
ago The receipts to-day very small and do
not show much change compared with week
or year ago. The quality of the stock on the
market to-day while probably fairly satisfactory.
was hardly as good that represented here
tofore this week and there We're very few, If
snv of the offerings that statesmen could ex-
peet to bring an outside price. Shippers who are
usually the principal buyers did not have an
opportunity to get into the market because they
could not get enough to make shipment, and
on that account there was no urgent competi-
tion Local butchers had to he depended upon
10 take the supply. and their requirements
were not important they bought rather slowly.
an outlet for the supply at quotaby steady
prices compared with yesterday The best lambs
here brought $3.50, and most of the offerings
brought S. % with ordinary kinds low as 81
Selected yearling sheep sold high as 81, but
a. 20 was practically the top for old sheep and
ordinary TO good kinds were salable at s2.50q
2
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
PRIVATE WIRE ADVICEs.
All Around Improvement and Sub.
stantial Retirement the Features.

Meyer X kiser's telegram
NEW YORK, Oct. 16.-All-round improve
men and substantial betterment was the
net result of the trading in the stock market
to-day Sharp advances were marlborough
out the list and the inspiration OF advanc-
ing prices induced a more optimistic feeling
There was nothing in the trading that re-
fiected the extreme weakness of the other
part of the week. In the industrial list the
advances were equally large and the tone
manifestly better than ii has been in a long
time. 1t is too soon to say that weakness
has been entirely eliminated from the mar
ket or that the industrials have had any
particular elixir of strength injected into
them. IL is very evident though that an i'm
provement has been begun that will be car
RED still further. There may be temporary
setback, but a higher range of prices will
undoubtedly be established. The advance In
itself may not be great, but it will have a
beneficial effect.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
Good to choice lambs
Elsew here.

KANSAS CITY, Oct. 16.--Cattle-Receipts
a 700 natives and 100 Texans: calves, 800 natives
and Texans Native and wintered beeves
steady TO strong: quarantine steady TO strong:
native and Western steady 2Oc lower;
stIckers and feeders slow and lower Choice
export and dressed beef steers, s5H5.45; fair 10
good si.l5d45 so; stockers and feeders. 81 25a4:
Western fed steers. s2-2sQ430; Texans and In
dian steers. 81 2563. %; Texas cows 81. 50I2 IS
native cows, ST. 50d4: native heifers, 81 25is IL:
Gamers. sia2.3o: bulls, sl-2oaS.25: calves. sl75
also
closed weak Top. $50 bulk OF sales. S. sGm5. s5.
Heavy So s065.57ie: mixed packers s.. Sos 20
light. S3.fJ45t0, Workers, SStouo-sos pigs, $o254
$50.
sheep-Recepts. 2.0oo. Market steady to strong
Native lambs. So 2su5 30: Western lambs. s. 9oaf
SO; fed ewes. ss3ot5.s5: Texas clipped year.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
LOCAL WHOLESALE TRADE
COMMISSION ROW THE SCENE OF
THE GREATEST ACTIVITY.
Seed Market Is More Active and
Leather Takes ON a Firm Tone
Grain Is in Very Good Demand.

On Commission row yesterday trade was
quite active, preparatory to Saturdays mar
ket. the retail merchants and market men
stocking up literally with fruits and vege-
tables. Choice apples continue in fair re-
quest, but there is continued oversupply
of poor stock. which sells low. Pears are
IN a large supply and steady at prices
quoted. Irish potatoes are steady at the
recent reduction. Cucumbers, tomatoes and
green corn are in limited supply and are
higher as the season closes. Chestnuts con-
tinue in large supply. with prices very low.
carries firm tone. Notwithstanding the
strike at Minneapolis has been declared
off, Il will be some little time before the
mills there catch up with their orders and
the congested conditions OF the railroads
IN the Northwest will not be without effect
in making deliveries. Meantime mills in
the central States that can secure wheat
are running to their full capacity and sell
their output at better prices than usual.
The seed market shows a little more actiyi-
~. especially on clover, which is much
firmer. The wholesale grocery market is
quite active. Prices in all lines are steady
and firm. Canned goods show no changes
of importance. Leather has taken on a
much stronger tone, although prices have
not been advanced 10 an extent worthy of
mention or to affect prices in this market
The iron and steel merchants are having
the largest trade I'm their history, and prices
rule very firm, but are no higher. Provis-
ions continue very active for the season of
the year and prices on some lines of hog
products are firmer. but the range Is vet
considerably below that OF year ago.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17

&c: young ducks. Sc: springs. 91zc; geese. &C
Ter To-
Cheese-wisconsin. 12c; New York full creams.
12c: Swiss. 16c: brick. l5c. limbuTger, 12c.
Butter-S1JI0c: choice, 12Ql4c.
Eggs-Firm at poe.
Wool-Looal dealers are paying for wagon lots.
Good medium merchantable unwashed, lie:
coarse and braid. I5c: heavy merino logic: half
blood 12d14c; bury and cOtted, 12414cs West
ern. 12c.
Feathers-Prime geese. COO per ID; prime duck,
zoe per H.
Beeswax-30c for yellow. PC for dark.
HIDES AND TALLOw.
Green-selted Hides-NO. I, SC; No. 2 &c; No. /
calf. Ice: No. calf, SC.
Tallow-NO. !. 3lac; No. 2, &c.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
Liquidation Has Ceased.
IA. w. Thomson's letter.

IA. w. Thomson's letter.
NEW YORK, Oct. 1.-THE expected
change seems TO have arrived. For some
days past the action of the market has in
dicated that liquidation had ceased and that
the pressure such as it was, came largely
from the selling of short stocks. Shorts are
covering freely to-day and are not finding
it easy Advices are that the general short
interest, particularly in industrials, is possi-
bly, something enormous. The tendency of
the money market Is easier and time money
is being offered from Az to per cent 1t is
believed the approaching Christmas will be
a happier one in Wall street than the last
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
shipments, 800

tOgS-Kecelpts, shipments, SV" mus
far this week the receipts of hogs show very
little change compared with the time last
week and increase of 1000 over the corre-
spending time year ago. The receipts to-day
were fully as large a week ago and about the
year ago. Quite "a number of good
hogs represented in the receipts to-day
and the quality generally was probably as sat
isfactory as il has been heretofore this week.
The market again opened with shippers the most
in evidence. and their bids indicated that they
disposed to pay at least steady prices for
hogs that suited them. Such terms being salts
factory to statesmen. the trading from the start
was rather active and strong TO higher prices
were being realized As usual local packers were
rather inclined 10 hold back, hoping that there
would be enough for them after shipping orders
We're supplied and in that event a possibility of
getting better terms. They were disappointed.
however, and when they discovered that the
supply was being rapidly exhausted they
bidding more freely and finally had TO hustle 10
get what they wanted With shippers still in
the field the closing market was consequently
active and prices were strong compared with
the opening There is no doubt that a good
many light hogs to-day sold sc higher than yes
terday and therefore there is a higher average
in prices to-day Sales ranged from $3.50 Sc. 10
and the bulk Of the supply sold at S6q6m. Quo
tations:
Good to choice medium to heavy Sc ooQ6. 10
Mixed and heavy packing. ............... 5.s5q6.05
Good to choice light weights 5.9516 10
Common fair light weights. 5-S0al5 80
Inferior to best pigs. 40OQ 10
he ond Sfa
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
MONETARY.


1NDIANAPOLIS.-C paper 466
per cent; time loans. 5d6 per cent: clear
ings, $l,05l ,33296; balances 500, S57 40
NEW YORK-Call money steady at 1st9
"a per cent; closed offered at = Time
loans easy: sixty days. per cent: ninety
days and six months, 4S4G5. Prime mercan-
tile paper. 51506 per cent. Sterling ex-
change steady; actual business i'm bankers
bills, A.S5.55a4.S5.60 for demand, $4S2 $50
1924 for sixty days; posted rates, $i.S3 and
81. S612; commercial bills 81. S21k
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
Money Rates Abroad.

LoNDON.-Money. 1hm2 per cent. dis
counts, 3$s@3la and 39-16G35s Consols, 1855
NEUTRALITY-SUSPICIOUS. on London. 2Om 42pf
for checks. Discount rates: Short bills,
per cent; three months bills, 3ss.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
Treasury Statement.

WASHINGTON.-F'rid statement of
the treasury balances in the general fund.
exclusive of the $50, 100000 gold resolve in
the division of redemption, shows:
Available cash balance. sos, So, 2S3
Gold ACKNOWLEDGEMENTS. 103 156 1884
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17
Markets for silver.

NEW YORK.-Bar silver, 6O7sc; Mexican
dollars, 461ac.
LONDON.-Silyer bars, 2sisd an ounce
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-17

Cash quotations follows: Flour steady
Whcat-No. 5 spring. s0IS01sc; No red S0ssl
see Corn-No. ?, 4ikq45c: No. yellow 46asc
Oats-No. 9 3easc: No. white. 35isaSSc. Barley
Good feeding sfa42c; fair 10 choice mailing. AZ
d5sc. Flaxseed-No. 1. soc: No. Northwestern
sl.02ik Primo timothy seed, $3.50 clover-Con-
tract grade. sl0.75ql0.s5. Mess pork. per bril-
sIi g6fili 80 Lard, per 100 lbs. Sse5f6.s0 Short
RIB sides Coosee. s7.50TS. Dry-salted shoulders
Iboxed), s6.15izQ6.25. Short clear sides tboxed)
ss6S l2i< Whisky-Basis OF high wines. s.; %.
Receipts-Flour, PC 800 bris; wheat. 10. 500 bu;
corn lsa 200 bu: oats, 23s 800 bu: rye. 5000 bu :
barley 81 100 bu. Shpments-Flour ~ 600 brls:
wheat 400 bu: corn. 4io.soo bu: cats 2s2 900 bu
barley, IS 200 bu.