Nebraska Newspapers

    r
6 THE OMAITA DAILY BEE : MONDAY , JULY 17 , 1893.
TIllillSTON ON THE SITUATION
H Writes ix Pair of Pregnant Epistles on
the rinanoial Turmoil ,
"STAND UP FOH AMERICA" HIS THEME
Ily 1'rotectliiR Ainfrlc n I'actorfcn , Con-
tunilnc Aincrlciui ( looili nnd CotnluK
Anierlcnn Mntnl lor Aiiiorlonn Ui rf (
the Unentlon Mny Ho Settled.
Hon. J. DurrouRh * , Socrotnry Ncbrnskn
Bimetallic lycriRUo , Lincoln , Neb. : Un.Mi
Sin : AcVnowlcdglng the receipt ot the kind
Invitation of your longuo toaollvcrnnaddress
under its tvtispicot oil Fnilay , July ttl , In the
city of Uncoln , permit me to say I appreciate
the kindness of the invitation nnd thank you
nio t sincerely for tho'snmo. It is , however ,
Impossible for mo to accept.
I nin a republican , and I do not cans to put
myself In the doubtful attitude of partici
pating In a movement which , so fur ns 1 can
Judge , Is In the Interest of those who scelt to
accomplish the overthrow of the republican
party.
The platform of the last repjibllcan na
tional convention declared in favor of the
coinage of tho'Ainerican product of both gold
and silver as money. Impartial history de
clares that the republican party has been
true to every promise , and that It has inado
every honorable endeavor to redeem every
pledge. Had the lepubllcan party 'continued
In power , I believe there would nave como a
fair and reasonable solution of the money
question without any disturbance , of the
fonlldenco and credit of the country.
The great outcry of today against
the present tittitudo of a demo
cratic administration and thn expected
action of a democratlo congress , .omes from
the very men who. either directly or Indi
rectly , defeated the republican party , bo
farns I am individually concerned , I bellove
the welfare of the common people can be
best subserved anu protected under republi
can administration. It is already evident
the people can hope for nothing from de
mocracy : and you will please pardon mo if 1
fall to see any prospect for relief
In the success of that other party ,
which adopts us Its platform
n crazy quilt of Incongruous isms , represent
ing mostly thu impracticable theories of dis
affected humanity.
The democratic party has undoubtedly
surrendered , to the gold power ; the people's
party , at tlio best , can only hope to carry a
few states ami secure a few scats in the con
gress of the United States. In my Judgment
there is no hoi > e on the money question for
the American people except in the return to
power of the republican party under the
control of those younger and more aggressive
republican leaders who do not fear to stand
as champions of the interests of the common
people.
Ills Terminal Opinion.
lam a profound believer in the use of
both gold and silver as monov. 1 advocated
the restoration of free coinage before any
of those who are now thu self-selected cham
pions of silver in Nebraska had ever opened
their lips on the subject. At the opening of
the Corn palace in Sioux City , four years
go. 1 said :
At the risk of bolng tedious I a k your care
ful attention to the iiri'suntatlon of another
crave public question , which , in my judgment ,
Is of such momentous Importance 10 the entire
West that all our people Miould join in vigor
ous ulTorts to hecuio Its eariy and favorable ,
solution.
Wo of the west must liavo cheap money. Not
money Intrinsically cheap.butclioup In interest
Charges for Its tl'iu ,
Wo nro money borrowers and wo need vast
minis with which to hasten thu development of
our wonderful resources.
Wo have good security to plvc , and r.clther
repudiation nor bankruptcy Is to bo feared.
llut the amount of money In circulation Is
becoming Inadeiiuatu for the dully commer
cial necessltloH of thocountry. it Is almost
Imposslblo today for our local banks to ac
commodate their regular customers at 10 per
cent. Tlmy have not u dollur to loan on the
best paper to any ono else.
In popular parlance , "money Is scarce. "
The country Krow.s to fast that the demand
Increases almost by multiplication.
An Inadequate cfrculathiK medium adds to
the relative value of the dollar nnd cheapens
tlio relative vnluo of everything else.
Every debtor must work harder or sell moro
property to mocchlsobllgationbthan ho other
wise would.
The borrower U compelled to pay a hlKlui
ratu of Interest , and , worst of all , capital Is
withdrawn from tiadi * . manufacture urn ! all
kinds of enterprise , for the capitalist will not
risk his numoy In uncertain ventures , wheii ho
can safely loan it where It pays hotter.
At such times , UK ) , the millionaire ) gamblers
on Wall street ciin to "coriuir" all the cash In
light as to jeopardize the credit of everybody
else.
Astrlnpent money market closes many a
ihop door and robs thousands of honest men
of nn opportunity U ) earn their dally btoad.
It fosters combinations and trusts , It destroys
competition , it makes the rich richer anU the
poor poorer.
On the other hand , with plenty of money In
circulation , thi ) Interest ruto falls dohts can
bo moro easily paid , credit is restored , trade
revives , manufactures Increase , communities
flourish and labor Is In demand. All this hap
pens without Injury to any one.
Money ouuht to bo so plenty In the United
Btatos that it can IHI borrowed for any Iojltl-
inato purpose nt 3 orI per cent. The man who
has moro of It than ho can profitably use
ought not to complain at either of those rates.
Think\vhat4 percent money would mean to
thu west ] It would build a manufactory by
every vritorfull , double the cultivated acre-
BKO of every county , put new llfo into every
enterprise , astonish the census of uvoryclty ,
lower every .transportation rate , mid to thu
price of every farm product and klndlo the
tire of happiness on every hoiirthstonc.
When the creenbacker declared tlmt the
government should provlilo money enough to
supply every demand for Its use , ho H S rlKht.
when ho Insisted that an Irredeemable paper
currency was money and would answer the
snnto uuriMMO an gohf , he was wrong ; and the
popular Intelligence soon discovered the
error.
llut our mountain ranges produce a metal
which , until a few years UKO , was money thu
wldu world over. Hllvcr WHS ono of the
itnndard coins of thu United Htato.s from tlio
birth of Independence until Its demonetization
crept Into thu statutes ot coiifross , either by
mistake or fraud.
I assort that the American people , and es
pecially these of the west , demand the free
mid unlimited coinage of silver. I do not
liieuii that thu financial ntruln > of thocountry
should bo carried on by the actual use of stf-
vor , for it has Uicn demonstrated that
the bllver certlllcalo answers bettor.
Nor am I certain that the pres-
pnt standard should bo adhered to.
Hut let us restore the law which madu silver a
legal lender for all debts , public and private.
Lotus give the right to any man to deposit the
bullion in the treasury ami receive for II cer-
tlllcutes redeemable in silver coin , and thu
treat problem of nil adequate , Jloxlblu nd
tahlu currency Is solved.
Thu assertion that a government can have
too much money Is not tenable , inflation by
Isimaiico of Irredeemable plipor Is ono thliiKi
expansion by cohrngo Is another. If wo coin
nil tilth Ivur produced In America over 11 ml
AUOVU what Is used In nmnufactuix'n nnd thu
urU wo will not any moro than keep pace with
the Increased demands nfuur business growth ,
hvery dollar Issued In eM-hunge fur silver
million will mid Its \\ay Into circula
tion and a now era ot jm purlty begin.
There Am Other Uumliau * Involvoil.
From timci to time thereafter , before the
arious republican clubs and organizations
in the United States , I maintained substan
tially the stuno views. My present position
Is quite fully sot forth In iv letter addressed
by mo to George Cunton , editor of Social
Economist , New York City , on July 7,18U3 , a
copy of which I hereto attach.
1'urmit mo further to suggest that the
money question is not the only question
which vitally affects the welfare and pros
perity of the American people. U wo se
cure the free coinage of the entire product
of American silver , what benetlt will the
pcoplo of our country receive if the trade
balances are against the United Stalest The
gold men are right In their assertion that
the gold of the country would go abroad to
settle our trade balances , und when this
country is drained of its gold hard
times. distress and panic will re
sult , as It did In 1657 when WTU.OOO.OOu
of American gold had gone abroad to
settle our trade balances under a democratic
system of low tariff. The American people
will receive no good results from the ( roc
coinage of stiver unless they slop buviug the
manufactured products of 10uruH ) > and ueei
the American gold as wnll as the American
silver to maintain American manufactures ,
pay American labor and build American
homes.
My dear sir , I stand how , and at all times
( or America aitd'Auiericanlsin as against the
world j for tbo coinage of every ounce ol
American gold and silver , coupled with the
adequate protection of every American man
ufacture and the upbuilding of every Ameri
can Industry.
During the first sti months of 1803 wo
scut abroad about $ .V,000OOOof ) gold , because
nnd only because , wo purchased tunny times
Ti < ) ,000,000 of foreign manufactured goods
The American people will discover by nnd
jy nnd God grant the discovery mny como
n time to avoid much suffering , poverty and
llstrcss that their prosperity cannot como
hroush Ihopurchase of cheap things ; nnd
: hat the greatest good to the greatest num-
Mir cnn bo secured by the protection of every
American enterprise from disastrous for
eign competition. I remain , sir , very truly
vours , JOHN M. TIIUUSTOX ,
llle lotier t'o IMItor ( luntoii ,
OMAHA , July 7. George Gtmtoti , Esq. , Ed-
tor Social Kconomlst , HI Union Square.
Now York : Dear Sir In your favor of
July 1 you ask me for my vtuws on "what
congress shall do when It meals. " I presume
you refer moro especially to what action
night to bo taken In view of the present
financial situation.
Wo are in the midst of n bankers' panic.
It commenced with thu Ilarlng failure In
London , which was followed toy monetary
llsturbanccs throughout nil Christendom.
I'ho present trouble in the United States is
ilmost wholly the result of unnecessary
alarm. When the reserve In the United
Stains treasury dropped to SIW.OOO.OOO
anil then to SlKl.tXXi.UOO. the advocates
of a purely gold standard thought they saw
their opportunity , and proclaimed an 1m-
pending linancial disaster , laying the blame
therefor almost wholly to the failure of the
United States to eliminate silver from our
monetary system. In 1115 * judgment almost
all the resulting troubles have followed be-
causu of tlio panic thus created , 1 do not
ljullovo that the Sherman act hud anything
to do with this panic. I am not n believer In
thu Sherman act ; 1 never would 1mvo voted
for it ; 1 do not think Iho government should
make its treasury a pawn shop , nud I would
gladly sco the act Itself repealed , provided
there can be i-ouplcil with thu repeal
some fair legislation on the silver subject.
Such legislation must nccessirlly bo experi
mental in its character. Hut every man
who behoves in thu use of both gold and sil
ver as money , should oppose the uncondi
tional repeal of thu Sherman act. If thatnct
is once repealed , the gold men will bo strong
enough in every congress to prevent the en-
ictment of any legislation reinstating silver
as money.
Must Tleal with Tacts ,
It is useless to speculate ns to whether or
not silver could have ooen maintained at a
parity with gold on the basis of 10 to 1 it Its
free coinage had never been suspended in
the United States : wo must deal today with
the existing situation. 1 do not think It safe
to provide for the free coinage of silver on
the old basis ; nor do 1 bollcvo that the pres
ent depreciated prlco of silver should betaken
taken as the standard of rcmonetization.
I have no ooubt the remonotizV.ion of
silver in the United States would
speedily and certainly appreciate the
price of silver , not only in this country , but
throughout the whole world. No matter
what other governments do , this country
ought not to eliminate silver from use as a
coin metal. Any legislation In thatdlrectlon
will be looked upon by the common people as
In the interest of the money i > owcr for the
express purpose of increasing tlio purchas
ing power of money and decreasing the sell
ing price of overythinir produced by human
toil. It is a fact , which should not bo over
looked by statesmen , that the price of
American silver und the price of American
wheat reached low water mark on the sumo
day.
It is presumptuous in any individual to
prouose legislation on so important a sub
ject. My own view , however , epitomized , is
this : The silver bullion ot other countries
should be shut out by projMjr tariff and free
coinage of thu American product provided
for on a basis of 120 to 1. Such legis
lation might decrease the price of American
stocks and American securities. The bond
holder might be compelled to clip silver
coupons instead of gold ; but I think the
common pcoplo of the country , the pro
ducers and the toilers , would bo benellted
and rewarded. .
KDuctK of Contraction.
Ecoaomists Insist that the volume of
money in a country has nothing to do with
thu intrinsic value of the dollar and this is
true so far as the intrinsic value of the coin
is concerned , but the amount of money in
circulation in a country has almost every
thing to do with the interest raio on money ,
with the ability to borrow money for use in
manufactures , improvements and specula
tion. Since the recent monetary scare
many branches of Industry have been
closet ! to American workmen because of
the inability of the manufacturers to
borrow money from the banks as heretofore ,
and t ) is because n large part , of the actual
montj in the country had been taken out of
circulation by the panic. Small doposito. s
have withdrawn their money from bunks ,
nnd the deposit vaults of the country have
in them today millions of dollars which three
mouths ago wore on deposit in our bunks.
Therefore , the interest rate ha ? increased
and it is Ulfllcult in most communities to
borrow moneyon any reasonable
terms. The result is stagnation of business ,
stoppage of all kinds of enterprises , and in
a very short time thousands of American
workmen will bo out of employment.
Heretofore 1 have not been very much of a
silver advocate , lam not now , except so
far as the coinage of the Amerio.ui product
is concerned , on a basis which I believe can
bo maintained. The recent events , instead
of bringing mo tobcliovo in the single gold
standard , have had quite the opposite re
sult. For the world at largo to aban
don the use of silver as money would
be to creatly enhance the power of gold ; to
greatly diminish the volume of money , and
thereby the borrowing classes and the pro
ducing classes would bo moro at the mercy
of the money holders than they ever have
been heretofore. ' 1 ho United States is si sil
ver producing country , and I do not bolfevo
it can afford to lot time' nations not silver
producing compel it to abandon silver us a
money.
Hotter n Premium on Go : l.
It is better that wo should , if necessary ,
buy gold at a premium to settle our foreign
balances with than that the American'pcoplo
should be compelled to pay higher prices in
human labor and human endeavor for u dollar
lar because of the adoption of thu single gold
standard. I am an advocate of the American
theory. We are not dependent either for
manufactures or money on the outsiuo world.
The gold shipments to Europe during
the past few months to settle
our trade balances would not have
been necessary if the American people had
been content to wear clothing of their own
manufacture , instead of purchasing abroad.
If the United States opens its ports to the
manufactured products of cheap labor
abroad and submits to the dictation of the
gold men of ICuropo , God pity the laborers ,
mechanics hud producers of America.
I hope congress will rise above partisan
ship and legislate for America on the Ameri
can plan protection to American Industries
nnd tl.o maintenance of American money ,
both gold and silver , on a fair basis. Yours
truly , JOHN M. TIIIWSTON ,
JUVtilV.tJt . ! . % / > UH.l3l.lXlU.
James O'Neill will alternate "Montn
Cristo" with "Hnmlot , " ' Itlcholiou" and
"Don Carlos" next season.
Some dnnccrs in the ballot "Versailles" in
"Tho Talisman" fainted from heat and
fatigue lately in New York. They were
required to dance forty-five minutes with
out pause ,
Kmll ljaur , who is to succeed Mr. Nikisch
as conductor of the Boston Symphony or
chestra , is 117 years of ago. He succeeded
Mr , Nikisch in the conduct of the Lclpslc
opera house.
Marcus Mayer will return to NO\T York on
the steamer 1'arls on July 'J'J. Ho has ar
ranged the coming lour for Adelhm Paul ,
which will include all the leading cities from
Maluo to California. The tour opens No
vember 'J In Now York.
When the weather Is hot. thousands of
Now Yorkers nnd Visitors to Now York from
other places taku thu few minutes' Journey
ncrois the Hudson in thu afternoon , dine on
tlio edge of the Palisades while tlio ICldo-
rado band plays , and wait till the evening'to
witness Bolossy Ktralfy's spectacle , "King
Solomon. " This biblical representation cm-
ploys 1,400 men and girls.
Itoland Keod has made few changes in his
supporting company for next season. It will
Include Isadoru Hush , Mary Myers , Muuil
Monroe. Harry A. Smith , H. Uccso Iivis : ,
Julian Heed. James Douglass and Augustin
1'ennoycr. K. li. Jack , who has conaucteJ
Mr. Heed's fours for several years , remains
his manager , During the season thucomouhin
expects to product * two uow American com
edies.
GOOD EFFECT OF THE PANIC
Shrinkage in Stock Vnluca Has Reduced tlio
Necessity of Borrowing.
FORCED REALIZATIONS CAUSED THIS
General Mnrkot Slowly Itecoterlnc nn
Conllilcnco ItatiiriilnB Hcoiipcnttlcm
Now n Uuoitlon ntTImn Inntonil ot
Fuel Current of Ciuh.
In his weekly financial letter , Mr. Henry
Clews , the Wall street banker and writer ,
&ays :
"During tho-week affairs lu Wall street
have continued to struggle on against the
ulverso monetary conditions , and with some
yielding In the prices of securities. Now
uul then the dlfllculty of renewing maturing
onus has stricken holders of Important
incs of stocks , and heavy rcalirlngs resulted ,
which wcro turned to account by the 'bears'
and produced fresh breaks in quotations.
Ono important case of this character occurred -
currod nt the beginning of the week , which
resulted in a heavy fall In the grangers and
other stocks , from which tlio market has
since only partially recovered. The effect
reached Ixnnloii also , nnd uniavorably in-
ilucnccd that market for the time being , nnd
caused the sale here of stocks held there.
The trouulo of Wall street houses with re
spect to the money market is declining. The
ate largo fall in prices has reduced the
ninout to bo borrowed against stocks , and
the withdrawal of securities from the mar
ket for investment Is having a line effect , so
that the wants of borrowers nro much more
easily satisfied ; while the largo shrinkage
in prices makes stocks correspondingly safer
is collateral , The ruto of Interest , thouah
still high , Is not so costly as to raise n serious
obstacle to buying. The dlftlcultles with
which the market has now to contend
ire of the character that usually fol
lows such an extensive break ns has
recently happened. Some operators
have been sold out ; and numerous others are
crippled. Thus the machinery of specula
tion is disabled ami the foioos to resist un
favorable influences uro enfeebled. Hut
outside the ranks of the speculators * there
stands u force of Investors watching for bar
gains ; and the purchases of that class nro
now becoming a very substantial rallying
l > ewer to the market. Not only are the
liriccs of stocks very exceptionally low , but
the condition of the railroads is at present
unusually prosperous , making the induce
ment to investors ono of rare advantage.
Question of Time , Not Fiict.
' The general condition of linancial affairs
is improving , though the progress Is slow.
I'liero has been n distinct abatement of the
late apprehension , and recovery is regarded
as less u question of fact than of time. The
obstacles give way slowly , but still they are
receding all along the line. The most stub
born difficulty is tlto extraordinary scarcity
ot currency , which keeps the reserves of the
banks below the legal minimum. There are
some indications of the beginning of u rollux
of currency from the interior , but the
amount of such receipts Is as yet small.
There can bo no doubt that a largo amount
of money has gone Into hoard , not only iu
this locality , but throughout the country.
The city savings banks also are estimated to
be withholding some ten millions from use
In the reserves of the associated banks.
These are diflleultlcs of a most stubborn
nature , and can only disappear when the
timid hoarders have recovered from their
insane fright.
'The concentration of money nt Chicago Is
perhaps a much moro important element in
tnls dearth of money thun is generally
supposed. The tens of thousands who
are constantly urifting to the fair take
with them money drawn from the
batiks in every part of the country ,
5md those streams drain the interior
of currency which would otherwise find its
way to tills city. The amount thus floating
in the hands of those visiting the fair or as
sociated with it may easily run into the mil
lions , and it docs not llnd its way hither bo-
caiisp it is mainly In the pocttots of the
public rather than in the vaults of the
Chicago banks. The evidence of accumula
tion of money at that point is plain in the
rate of S1.75 to & ! per § 1,000 discount for ex
change on New York , which leaves a large
profit on shipping currency thither and is
having that effect. This is a condition of
tilings which may possibly continue as the
attendance at the fair increases during the
coming months.
Honey Iteturnlnc to Xow York.
"Per contra , there is nn improving ten
dency in the exchanges between New York
nud other points. Philadelphia is beginning
to reduce its large indebtcdaess to us in
cash. The currency sent to the 1'acilic
coast banks is coining bacK , and small
streams are llowing in from other sections.
Some of the country banks are taking back
the paper scut hero for rediscount at an
earlier stage of the crisis , and altogether ,
outside of our relations with Chicago , there
are apparent the beginnings of a movement
that may be expected to replenish our stock
01 money at any early day. The
condition of the foreign exchanges has
brought us close upon the point at
which it would pay to ship gold
hither from London. Shipments
would probably have been made this
week , but London sales of stocks on this
market , together with the unwillingness of
the Bank of England to part with gold , scorn
to have deferred the movement for the
moment. Imports of the yellow metal , how
ever , are regarded as a probability of the
near future. A turn in the domestic and
foreign exchanges is the one thing needful
to the revival of confidence among the
banks ; and that scorns to be in a fair way to
realization.
"Tho closing symptoms of the market are
hopeful. The improving tendencies noted
above now show a fuller development , and
both among the banks and on the s toe it ex
change the feeling is much more confident
than at the opening of the week. Three
movements now afford ilstinct promise of
important early relief-tno return of cur
rency from the country , tlio retirement of
clearing house certificates and the importa
tion of gold. This , with other improvements
in the prospect , is making the 'bears' cau
tious and encouraging tlio buying of stocks ,
Wo anticipate an improving market from
this time forward. "
I'UODUCK rOINTKHS.
> 'uto * Gathered at llamldm Among the
Coiiiiiiliiilon Mount's.
Some commission men remark that taking
into consideration other markets and the
quality of the receipts , eggs aru too high in
Nebraska , They claim that eggs ought to
sell on truck in the state atabou' , 7 cents per
do/.cn.
It is said that the Delaware poach growers
will come west with u portion of their peach
crop this scsiaon. How far west they are
coming is not stated , so that It is still n
question whether Omaha will be given an
opportunity of comparing Delaware with
California ,
The receipts of California fruit in Now
York so far this summer have been nearly
double what they were lust season , about
forty cirs a week now being received by the
three auction houses which dispose of the
I'acllio coast product , against about twenty
cars a week lust year.
H , M. Strlngfellow and II. U. Ebert ol
Hitchcock , Tex. , have a car of pears on the
way to the Omaha market und they uro ex
pected to arrive bore the early part of this
week. At the time the car w.is loaded Mr.
Stringfellow started with flvo moro cars ol
pears for Chicago.
The week past tins not been distinguished
by a very active trade , at the same time the
total volume of business has not bcn so vcr >
unsatisfactory. A food many complain of n
lack of snap to trade and say that it requires
a good deal of pushing to make goods move ,
IXalors in frulls have had a fair week , anil
botli prices and demand have been quito sat
i > foe lory.
A letlcr from an Oregon shipper slates
that the strawberry season Is by no means
over , but that shipments from luat state to
this maruet will continue for Iwo weeks
longer , The Dcrrlcs are now coming from
the vast side of thu Cascade range of moun.
tains , where thn crop Is later. There was a
small shipment in from there Saturday ,
which found a ready market ot good prices ,
A commission man never fouli that lie cur
take a vacation as his absence may meai
losses to himself or his patrons. About the
only enjoyment begets out of the hot sum
mer is to sit down after the day's business i :
over and talk about the time when ho wa :
voung and innocent Mid had plenty of time to
sailboats and catch fish. It Is n pleasant
subject to think about when the thermome
ter is way up in nlAisly nnd n vacation In the
nlnd mny bo belief- than no vacation nt all.
The other day the reporter found the pro-
irlotors In two dlffcicnt ? commission houses
.alklng about fishing ! and trying to imagine
that they wore really enjoying the sport in
stead of sweltering in their ofllccs. In a
mini house they vroro discussing the pleas
ures of boating on-Oj ilco , clear lake.
The last plncapplei expected on this mar-
tot have boon closed out. It Is predicted
; h\t ! the pineapple1 business of Florida
ivlll bo of great Importance if they succeed
in getting hotter nillroad facilities Into the
country where they are grown. At the pres
ent time the fruit does not arrive on this
market soon enough after It licut. A shipper
,11 the pineapples section of Florida writes
AH Omaha house of the dlflicul-
tics under which the growers nro
at present laboring. After the pines
nro cut they have to bo hauled to the Indian
river , which Is a day's Journey for some of
the growers , nnd then frequently the boat Is
lolaycd nnd docs not show up for two or
; hroo days. Then there Is quite a long trip
by water , BO that from three to five days
are consumed before the pines are on board
cars and headed for the north.
An Omaha commission man remarks that
; ho time is coming when there will bo n
chance in the butter business in Nebraska.
In the past there has been no Incentive for
; ho farmers to make good butter as it was
ill sold for ono price at the country stores
mil till dumped Into ono box. The woman
who made poor butter got Just as much for it
is the ono who made a really choice article.
Woll-to-do farmers who can make good but
ter are tired of this > vay of selling their
product and they will do oi.o of two things ,
cither turn their attention to other pursuits
; lmn butter making or else find a market
for their butter whore it will bring more
ihan at the country store. The fact that the
receipts of buttcraroso light ata ITmo when
pasture is good would seem to indicate that
there Is not so much butter being made ,
and that farmers do not think that
that butter making pays as well
ns something else. At" the same time a
< oed many farmers nro commencing to ship
their butler direct to the commission men or
ID the retail dealers , showing that they are
striving to got rid of the ' -one prico" way of
selling tit the country store. A great many
of the retail dealers got a very largo proportion
tion of their butter direct from the makers.
There is no reason why the woman that
mikes good butter should not receive more
than the ono who makes a poor article , and
it would look ns if It was about time for the
country merchants to commence buying but
ter on its merits if they wish to hold the
butter business ot the country.
COM.MKUCl.U. AN1 > 1MNANCIAI-
Wheat \Viis Wenlc Vo.tcrctny In Spite of
llrivy : r.lporti.
CiilCAdO , July ID. Wheat was weak today in
spite of the heavy exports , thu bad crop re-
liorts and the steady to llrm cables. The
weakonliiK factor was the list of bank state
ments of condition und the business failures.
This was moro than sufficient to offset the
moro favorable news In tlm way of crop pros
pects and nniler a moderate display of flrm-
ness there was a gradual decline of nearly Uc
with a subsequent.-dow ami uncertain rally.
In some respei'.ts thb conditions were unus
ually favorable. The exports from both coasts
'or the week wore 4,1U3,000 bu. , In wheat and
lour , the largest , It is bald , with four excep
tions , over made In erie week In the history of
our export trade and shows , the foreign demand
to bo on a gigantic scale , but with little fuss or
nolso , as though buyers were quietly picking
up all they could got. Kluctuatlons were con
fined within atc range and the closing was
about ? ic lower for July , ! 5c lower for Septem
ber and 'jc lower for December thatftho clos-
iiK figure of yesterday.
In corn there wasa , llKbt trade and the fluc
tuations were limited to Uc range. The cron
showed little chUngb from yesterday. The
local operators were Inclined to look to the
financial troubles In the southwest , but the
offerings iwero readily tnkon by commission
concerns , though showers were reported
over the ' west , moro than -was' needed , and
especially In the southern part of Kaunas and
the central portion ? of western Mutes. The
crop Is nnld t > hu the most promising for the
past few days , owing to the oxcesslvo boat ,
which It was feared uilplitchanKO the prospect
In some localities. Hecclpts , while liberal ,
were not nearly us large as predicted.
Offeri'iiKS of oats wen > Iltiht. Prices ad
vanced Jtc for July from yesterday's close.
September advanced * ( c and closed steady.
Hecelpts were less than expected.
A feature ot the provision market Is the fact
that the now speculative products are not
boiiiK traded In , which Is unusual at thlssen -
son of the year. WrlRht was an open seller
Ills sales for the past few ihiys , it
was reported , would probably adKroKato4,0001-
000. Lard was sold by the packers and then
hid up 'JUc by Cudahy's brokers and declined
i7VsC ! from top prices. At the cUw , compared
with last night , lard showed a decline of do for
September und I'J'.ie for October. Hlbs are
from 25e lo Tic off. 1'orlc closed at an ad
vance of 15c , but with scarcely any business
done In It.
Estimated receipts for Holiday : Wheat ,
43 cars ; corn , 600 curs ; oats , 1'JO cars ; hogs ,
27.000 head.
The lending futures raiiKod as follows :
Articles. Open. HlKh. Low. Clone.
WHEAT
July OSH now
! iW 03WMM
11 ec , 70@7l i 70J1
Cous :
July
Autf 40H
Sent 41H 41H
OATS
July an 20
Sujit .
MxssPoim
July. . 10 no
Sept < . u 70 10 ao 10 75 ID 70
LAUD
July. . 0 07K
Hunt 10JO 10 40 111 IBM 11) 17
Out 0 70 t ) BO 047H 0 47W
SHOUT Kins-
July ; 8
Sept H OS 8 70 8
CiiHh ( imitations were us follows :
Fi.otm Kusy. No snles reported.
WHEAT No. 2 spring , G&ifB05c ! ; No. 3
sprinx , D8c ; No. 2red , GU < ao&iC.
C'oii.N Ni > ; 2 , 4O'ic. No 3 closinjf , 40c. !
OATH-NO. 2 , ' 20'fc ! No. 2 white , f. o. b. ,
36e ; No. 3 white , f. o. b. , 3i33Wc. !
Itve-No. 2. & 0c.
llAiti.EY No. 2 , nominal ; No. D , no salet ; No.
4f. o. b. . 33'i i30Kc.
KI.AX SEED No. 1,11.00.
TIUOTIIV SEED Prime , $4.1034.20.
Pom ; Muha. per bbl. , SlB.tlOJilO.OO ! lard ,
per 100 llis. . jb.O&KO.GTii ; short ribs , sldos
llHso ) , ! 8.&OQ8.-Jii ; dry laltud houldor
( boxen ) , Jfl.'J&UB.&O ; abort clear sides tboxed ) ,
t'J.7&a 10.00.
WIIIHKV Distillers' flnliliud goods , per gal. ,
SudAlts Unchanged ; cut lonf , G'jo ; Kranu-
latml , 0.70 ; Htandaril "A. " O.B4.
The following were the receipts und ship
ments for today : .
Now .York M.irlcot * .
NEW YOIIK , July-'M.-Fl.ouu ' KerolptK , 430
pUus.j exports , S.'JOO bbl * , . SU.uou sucks ;
Kales , 3'JOO pkn | market very dull , un-
clmiwd und Mwly ; winter wheat , low
crudes , f l0 < ft2..Hr } winter , fair to fnncy ,
J'J.-lfa : ) . & & ; lntoi > | i/itunu / , $3.04.10 | ; Mln-
nenotUhti-Hltilits , J3.30lBl.00 ; Minnesota put-
ents.t.0034.S5. . „
COUN MEAIDull.iBtfudy ; yellow western ,
rj.rojia.7o.
HVE Dull , steadyr Tcstorn , 58'c ntlrmt.
HAIII.KV MAI.T Qiitcitt western , bOQCOc.
WHEAT Uorclptn. 33,000 hu. ; shipments.
27.0lKJlm. ) sales. 2 < \7000 \ ; bn , of futurvs , 10,000
hu. of pnt. Hpufmarktit dull , easier , with
options closliik' stciuly ; No. 'J red In Moro and
elovutor. 72' e' , nllout. 73 ic ! f. o. b. , 72 } , ®
was only hxml buulplnx nnd vwltchlni ; und thu
close stonily at ! * ific ? ! below yoatcrduy on
realizing and with tlio wi'kt ; No 2 red ,
Alum. ! , 7ii 10.1Git73jo ! , cliikluj ! 73oi up-
leinher , 7. ) & -lG'ii7& ! , < % closing 7&V'sU ; Decem
ber , ai ) , 81Vo , cloaliig HlJ.c.
OoiiN-Uecelptf , auU.UOO bu. ; cziiortu , 23-
000 hn.j aulfi , , 40,0(10 ( bu. futures , norm
boot. SpotsdullsteuiyNo,2,4Biilnelorutorj ; )
4U ic nllout. Untlons HITU wry dull ut iic
udvanco , but wlihuut feature ! AiiKimtIBJitt
40c , clonhiKlOc ; September , -tOit-iUii } ? % clos
ing 40 io.
OATd-Kocclpt * . GD.OOO bu. ; oiporU , 08,000
bu. ; balus. futures , none ; 33,0M ( ) hu ,
biiot. Hnot-s dull , lower. Uptioiib dull , un-
cliiniKcd ; No. 'J white , 3flUc ; No. 2 Chicago.
38oNo. ; 3. SOlic ; No. 3 white. 3Uici ! No. V
lulled western , 37&38 } c ; white weslurn ,
ItUTTEii Quiet , steady ; western dairy , l&HG.
weatora creamery , 173,220 ; nubtern fac-
tory , 15littl8V'Ci Klgfn , 24c.
IHIEBK : Qulot , flnu ; partnUlmg , lQ.bc.
Eaus-Quletj receipt * , 9,081 pkgi ; neitoru ,
fresh. 16ftl6'e ' ( ! onlbwp tcrn ,
wontern , per case , t2.Mv 3.76 ,
TAi.txyuiot , atcMiyi city ( ta for pkg < . ) ,
CoTTOssr.in Ott/-Iull , stcddy ; crude , 35 ®
30c ! yellow , 4Uc n kcd.
llAY-Ste dy , quiet t shlppln ? , e7.00a7.60 ;
good to choice , tS.OWl'J.60.
Ilpps-Dull , stonily ; MMe , common to
Choice , 10ft22c ; I'aclllC const , If > tt2l'jc.
llllirSteady , fair dcmnnd ; wet Rdltfd ,
Now Urloans soloetml , 46ftOO Ibi , 4t4irtf > c ;
Texas selected , 50ROO Ibs , ba7clluenoi ; Ayres ,
2K124 | hs , 14io ; Texas dry , 2127 Ilia , 8
Pmn'tsioNS Cut mont * , qitlot , utondy ;
pickled holMei. 12 Ibs , nt 12c ; pickled shoul
ders , 7r ! ; pickled bams , 12fiil2'tc ' ! middles ,
dulls short clear , 9VC. l.urd , ( | iilet , easier ;
western steam closed , J 10.05 ; union , none ;
options , snlus , none ; July closed nt MO ; Sep
tember closed at (10.37 > { nsked. I'ork , ( inlet ,
stcany : no sales ; now mess , JIB. 60H1 0.00.
riTiioi.EtM-mtiet ) ; crndo In bbls.VashltiK -
ton J4.H5 ; crinlp. In bulk , J2.35 ; ri'fliied , Now
Jerk , $5.10 ; t'hlladelphlu nnd Itnltlmorc ,
t5.H ) ; rellned , In bulk J'J.GOffl2.05 ; United , no
sales.
ItostN- Steady ; strained , common to good ,
P1,0. > S 1,12 ! ( .
KtCE- Fair demand , steady ; domestic , fair
to nxtra , 27-8n5c.
Mii.Ap r.s Now Orleans , open kettle , good
to choice , fUondy , asOSOc.
SUOAH Uaw , dull , steady ; falrroflnlne , S c !
centrlfuRals 00 test , 4c ; rollned , tlrm. fairly
ftiitlvoj off A , 4 Ki-lRwfi c ; mould A , fi'j ©
& 13-lCc ; ntanilr.nl , 57-lWl5io ? ; confection
ers A , D c-iGaatK1 ; cut loaf , ovao 1-nv
: rushoilr.7,5lt > l-ltiiv poudered , & 1 l-lC5'io ;
Rramilatnd , & 7-10Si5.Uc ; cnhcs , 5 ll-10Ci5'ic.
I'm IIION Dull , steady ; American , $12.75 ©
10.60.
Copi'Kit-Stoady ; lake. J10.25.
IjKAti-Stendy ; domestic. $3.50.
TtN-Qulet ; Straits , J1U.10 bid , $19.25 asked.
I'l.ATUs-Qulot , steady.
i dom'ostle. M.07U.
Wool MarKot.
HOSTON , July ID. That the Rencrnl position
of wool l.s no worse this week tluin List , nnd
; irlec.s are perceptibly no lower , neein to bo
matters for congratulation and PiicotirnRincnt
itnoiiK the members of the wool trade , This
Miptncd to bo the fuolln nnd whllo conlldoncu
is not yet fully restored the tindortotiu Is per
il nps stronger , and It Is thought that prices
have reached the limit of their downward
course. The prcsonceof a nnmberof tholrxrito
iiianufacturcrH has helped the mnrkct , thnro
Imvltii ; been mete of tlu-m hero the past week
than for many weeks.
lo be sure , they did not purchase freely and
In sonm cases the oilers nmilo by them were
oven considerably tinder present abnormally
ow limitations , hut their presence wasen-
; oiiriiKhiK. The volume of business , however
Is larger than In any week for a loiiR'tlmc , the
tales hf all kinds umoniitliiK to 1.H45.000
Ibs. There Is said to bo considerable talk
about thu hhlppbiK of machinery and thu shnt-
tliiKdownof mills. It Is expected , however ,
thattheru will no moro activity In llcht welt-lit
clolhliiK woollMis next week , ; i.s the opunlni ;
of ( roods will thun bo general.
n eel has been pllliiK up bore rapidly dnrlnn
Ihu week , some of the commission houses liuv-
lii ( ? been obliged to refusu coiislKiiiiipnts , oven
though the advance asked was small hccau.su
thuy hud about all thuv oonld handle.
LONDON , July ir > . At tlio wool sales today
11,000 bales of a fair quality were o He red.
Iho competition was upheld by French
buyers , who teak freely of tnurlnoo , and by the
( ti'rmnns , who were anxious to secure Cape of
liood Hope and Natal wools. The follow-
In tr are the hales : Now South Wales ,
3,300 bales , scoured , 7".idffilsCd " per
cwt. ; locks and pieces , 3id ? ; greasy , 41 ,1
© 'Jd ; irreasy locks and pieces , 4jd ; Queens
land , 51 bales , scoured locks and pieces . , Is ;
Is 5(1 ; scoured locks and pieces , 6J.idftls b-io :
greasy , 7ditls 4d ; greasy locks and pieces , 7d
< i48Hd ; Capo of ( iood Hope and Natal , 500
bales , scoured , U4dfM-,3il ; greasy , 5 ! < 5&7 > id.
The olferlngs iio.xtweekwlllcomprl.se iiO.ldO
bales. The Import * for the past week were
2,114 bales.
St. Louis Murkots.
ST. Louts. ,
pa
fa
$1. ! . _ , _ " f „ "
WHEAT ie'iiu"r.iili''ecrTy"iii'"iiiiaiiclal ) ) sit na
tion , closing lie below yesterdny ; No. 2 red ,
cash , Die ; July , GOc ; August , GsJ'jc ; Septom-
bur , G5ti5 < ; G5 V : December , 7'J c.
Coii.v Kept pace with wheat , losing \c \ ;
Xo. 2 mixed , cash , 33"je ; July , 38 > { c ;
August , 38Se ; ; September , 385.c.
OATS Slow , weak , lower ; No. 3 cash , 27c ;
July , 2Gc ; August , 22ie ? : September , 2333e.
PROVISIONS Lower , very dull ; pork , $17.50
for current make ; lard , { U.12'4 ; dry salt
moats ( loose shoulders ) , $7.75 ; short ribs ,
t8.875 ! ; short clear , 89.15 ; boxed lots , 15c
more ; bacon , longs and ribs , $10,30 ; shorts ,
810.50 ; hams , unchanged , S13.00&14.0U.
Urccuii'TB Flour , 2,000 bbls. : wheat , 100,000
bu. ; corn , 4G.OCO bu. ; oats , 40,000 bu. ; rye ,
nono.
SHIPMENTS Flour. 3,000 bbls. ; wheat , 5-
000 bu. ; corn , 34,000 bu. ; oats , 5,000 bu. rye ,
Cotton Maricot.
NEW Ont.EANS , July IB. Firm ; good mid
dling , 7 ! c ; low middling. 7Jic ; good ordinary ,
G 15-10c ; net receipts , 301 bales ; gross re
ceipts , 1,015 bales ; exports to the continent ,
4/200 bales ; coastwise , 1.000 bales ;
sales , 500 bales ; stock. 98,080 bales.
Futures , barely steady ; sales , 12,100 hales
Inly , * 7.G3 bid : August7.5bP.7.59 ; Feptombor
$7.08(27.09 ( ; October , J7.7SU7.79 ; November.
87.88147.89 ; December. 17.1)0 ) ; January , 38.11
(28.13 ( ; February , J8.191S8.21 ; March , S8.27ffi
u.29.
Kaunas City Markets.
KANSAS 'CITY , July 15. WIIKAT Demand
fair at unchanged prices ; No. 2 hard , 64 < S55c ;
No. 2 rod , 5G a57c.
Coux Firm ; No. li mixed , 33c ; No. 2 white.
34cOATS
OATS Slower ; No. 2 mixed , 2G527c ; No. 2
white , ! 8K29c. !
UECEIITS Wheat , lGOObu.corn ; , 20,400 bu. ;
oats , none ,
SHIPMENTS Wheat , 31,700 bu. ; corn , 40,900
bu. ; oats , 500 bu ;
Oil .Marums.
Cir , Crrr , July 15. National Transit cer
tificates opened at 58 ; highest , 58 ; lowest ,
58 ; closed at 58. Sales , -2,000 bbls. ; clear
ances , G8.000 bhlB. ; charters , 0,400 bbls.
shipments , 99.G50 bbls. ; runs , 90,905 hbls.
1'iTTBiiDiia , July 15. National Transit cer
tificates opened at 58 ; closed at 58 ;
highest , 58 : lowest , 50. No sales.
St. I.onU Mining ( Jiiofitiom. _
ST. Lot'lB , July 15. The following were tlio
closing quotations :
t Adams. . , * . ' .Ml
A. Nettle. . .31) ) O .215 'Montrose. .ou
CJraullu. . 1.10
asked. bid.
kee Alarhoti.
MiMVAtTKi-.E , July 15. WIIBAT Lower ; Sep
tember , G57c ; Nn. 2 spring , G3c.
Coil.N-Qulef No. S , 30ic. !
OATS-Kuslor ; No. 2 white , 30cj No. 8 ,
white , 33c.
IlAiti.Ev Unclmnged.
Hyn-5GJc. ! _
Ilavnim Suji\r AInrUet.
HAVANA , July 10. Sio.\ ; Unchanged ; hold
ers still too hlch for buyers ; stocks scarce ;
stocks In warehouses at lluvnnaand Mntaiizas.
13 boxes. 890 bags. 19 hhils. Hcjculuts from
July 10 to July 12 , 11,000 bags , 19 hhds. Hx-
iiorts for hiimo period , 84,000 bags , all to the
United States. _
Now York Dry ( ioods Alurknt.
NRW VniiK , July 15 , There was a llttlo
more doing today In dry goods and consider
ing thu unusual holiday following the move
ment was encouraging , 1'rlct's have boon nut
at the lowest flgiiro and If ordurs are not
obtained on Ihu basis nude Iho mills will abut
down , _
Co mm Mnrkftt.
NKW VOIIK , July 15. Options opened steady
to 5 points up ! closi'il llrm , tV lO points up ;
sales , 11,750 lings , Including : July , MO.loa
10.15 ; August , * 1G.15 ; iiiiptumher , Hu.lO'i ! *
Ifi.lB ; Novombur , * 16.HO ; Doccinbor , 515,70ifi
15,80 , Spot Itlo. sloaily ; No. 7. 17.12ij.
. , July 15 , WHEAT Quiet ; supply
la large ; No. 1 1'allfnrnlu , 5s 5d per cental
Cons Duiniind poor.
TAIIX\V Fine American , GsOd per cwt.
OMAHA I.1VU hTOUIt MA IUU ; T.S.
Cattle Trade Hiinnlni ; HI llnril I.lnui lines
Act.vu hut I.mrnr.
SATUItDAY , July 15 ,
From the sellers' staiKlpohit tno past week
has been ono of Ihu most dlsastruut of thu
year. Kecclptt of all kinds of stock have been
unusually liberal and prices havu ruled lower
on everything , Compared with liut week and
thu coriespnndlug week of 1892 thu ilguroa
aru as follows ;
Catllo. Hoj(8. Sheep ,
lincelpts thU week. . . , 14,180 39,637 3'J-i'J
Receipts last week. . . . 8.531 29,241 1,939
fcame week last year. . 0,945 35,578 2,128
Kverylhlng seems to have worked against
the cattlemen this week , and values have gone
to smash. Thu early marketing of western
range entile , continued stringency In thu
money market , forcing holders to realize on
their htock whether In a markoluhle
condition or not , excessively hut
wrathur , paralyzing the consumptive domain !
for beef und making the shipping of caltluon
the hoof un expeiiblvu hazard , all combined
to muku the wuuk memorable u * ono of the
very worst Ihu trade has ever experienced.
Qoud , fat , dry lot steers have Ixicn romptra.
lively scarce , but In splto ot this fact prices
have buffered u decline of f rom 26c to 40c on
all grades. The bruntof Ihedvcllue , however ,
has fallen on the half-fultod and grassy
Htock , both niitlvo and western , and values
uro off uny where from & 0c to 75c compared
with lust week. Mo. I of the western cattle
coming forward now are little better than
feeders , This inferiority In quality , together
with the fuel that local houtea uru buying
hundreds of cheap Teiascuttlu In Kansas Lilly
uliuo.t ovcrr day , make prlcvi ruluuusly low
and Ibo ( rude bad. The cow mnrkol
Khowpd tlio most decline us scarcely any dry lot
cows nro coming now and the offering * uro
made up largely of Inferior grass slock , which
Issellli unllof 50r ! to75i lower than a week
HBO. The nxccsslvo ( supplies of feeders has
demoralised Hint branch of Ibo business nnd
prices dtopped 25c to 40c on nil grades
ltecpp | s today were nearly double last Sat
urday's run , nnd nniirly four times ns many
ns were wanted. There wpro flver 2,300 catllo
on snip , the quality of the offerings running to
pMremes of good and bad , mostly to extremes
of bad , Conditions wcro much thesatno ; as nn
the two days Immediately preceding
nnd nlthoiich tljo market was weak
and lower nnd undoubtedly the very worsl so
fnrthls year , tlm amount of the necllno 'was
dllllcnlt to determine , prices were so uneven
and dealers' views mi wide apart. The fnlr to
Pholco 1,200 to 1,000-lb. hooves at from l lo
t4.li5 nnd the fair to good 1,000 to l.l&O-lb.
steers nt from J3.76 to J4.35 wro anywhere -
whore from lOo to 20c lower tluin
yostcrdny , whllo 16c to 25c would hnrdly
cover the decllno on the crassv and half-fat
slock that sold nt from J3.25 to J3.75. It was
hit nnd mtss.cntrh-ns-catch-cnn. On lots of
common cattle Millers could not gut a bid , to
Miy nothing of making nsnlo , and atthocloso
scarcely ns much had l > ooii sold as was loft lu
thn pens to spend Sunday In the yard } or on iv
trip to Chicago.
Thorn was not much doing In cows for the
reason that there was not much to bo done.
Including holdovers there wore scarcely n
doron lo.ids of cows and mixed slock In the
yards. Uuyrrs' wntits were not at all
Dressing and the supply changed hnmls
slowly at all of n 10c decline ,
common to choice cows and heifers selling nt
fromjl.25 to } 3 , with thn bulk of the trading
nt from $1,50 lo $2.05. Uougli stock was In
poor donmnd and lower with common , the
very pond bulls soiling nround from $1.50 to
$2.05. Veals were In fair request at about
steady prices , with sales at from J2 to J5 ,
The feeder trade wa < uillot. | OITorliiRS , both
fresh nnd stale , wcro excessive and with a very
limited Inquiry fiom outsiders the movement
was decidedly light , with prices 25c to-lOo
lower thnn tin ) close of last week. Uond lo
choice feeders nro quotable at $3,003(3.25 :
fair lo good at $2,50S3,00 ; and common stulT
at$2.0Ka2.50. (
llotis The market for the week 'started ' out
very favorably. During the llrst Ihreodays
with fair supplies prices wcro very well sus
tained , but as receipts kept tip provisions
weakened badly , and the hogs were not long
In following suit. During the latter half ot
the week values have steadily decllnid , the
close being-lOc lower on all grades than a week
ago. There Is still plenty of money for
packers In hogs at prost-nl prices , but the dllll-
culty In seci'rlng loans and In making collec
tions prevents any enlargement In the opera
tions of many of tno piickers , Itecolpts keep
up surprisingly well ffnd the quality hero
shows no signs of deterioration with the aver
age weight around 251 pounds. Receipts at
present compare very favorably with a year
ugo both In quantity and quality.
The supply todiiy was fair , less than 7.000
bead , or fully 2,50U less than wore here on last
Saturday. There was a big Impiovement In
the shipping demand , shippers taking about
half the offerings. Incliiillinrstalu hogs , there
were over 10,000 on sale , and this , together
with the bearish tone to reports from Chicago ,
nero than counlerbalanced the Increased
shlpnlng demand. Trade opened slow , with
prices about 15c lower than VYIday's avorano
sales. Good to choice hogs of all weights sold
largely at $5.00 to S5.G5. with fair to good
grades at 15.5 , " ) and J5.GO. The eMremu range
was from $5.50 for rough mixed packers to
$5.70 for choice light weights. Although there
was no Improvement in prices , the
market became more active us thu
morning wore on and by the middle of the
forenoon about everything was Mild. Tlio big
bulk of thu trading was at $5.55 and $5.GO
against $5.70 to $5.80 Friday and $5.95 to $0 on
last Saturday.
SIIIJKI * There were no fresh receipts of
sheep and nothing bore to makoa market.
The demand for desirable muttons Is fair ,
but prices are very weak In sympathy with
eastern nmricots. Fair to good natives , J3.50
(5,4,50 ( , : fair to good westerns , $3.004.5l ) ;
common and stock sheep , $2.001(3.50 ; good to
choice 40 to 100-11) ) . lambs , $4.00415.50.
Koctlpts unit Ii p ; > ntlii A of .Sti ; ! lc.
onielnl receipts and disposition of stock as
shown by the bo : > kt ot thn Union Stock Yards
company for the twenty-four houri oiiilln. ; at
6 o'clock p. m. July 15 , 1893 :
UECEII'TS.
DISPOSITION .
" I.lvo Meek Murknt
CiiiCAnn , July in. [ Special Telegram to THE
ItEE.l Kiesh arrivals were only 1,500 bend
today , but there were more cattleIn the pens
thun at the close of any week during the MMI-
MHI. The supply was largo enough and the
Konoral ( jnullty f-ood enoiiKh to have
attracted buyers of the better grades ,
had not the 'I ratio been jammed
to the extent of all Its capacity by pre
vious heavy purchases. As It wa > , only two or
thrco shippers were out with small orders ,
READY MADE MUSTARD PLASTERS
\ Vovcro the first manufacturers on this
Continent. Our latest improvement surpasses
anything ever before produced. ir > o.U5o.l3So.
per tin. llosurotobavoSliAHOUY'S. Asls
for them spread on cottou cloth.
SEABURY'S SULPHUR CAHBLES :
Trovontlon IH hotter thnn euro , by burning
these candles bad smells In basemcnta , closets ,
Ac. uro destroyed , und thuscnntasionsdlicascs
are kept away : also useful for expelling mos-
qultos and irrltntliii ; insects. Price , S5c. cacli.
To purify sick-rooms , apartments , etc. , use
HYDRONAPIiTHOL PASTILLES ,
which in burning , disinfect and produce a
fragrance refrcshlnc an .i inyiuorallnj ? . iiic. per
box of 11. Solo Manufacturers ,
sis-A-nuiiY xs JOHNSON ,
rhurniiiriMitlcul 1 . ,
.jrir vnoir
Chemists. j-NEW YORK.
which they filled cntlly at Friday1 * low price i ,
The local slaughterers word doing nothing In
tlin imlivn division , nnd aside from the , cnt-
lorlng jnlM ( o local butcher * nearly all the
common and fnlr ftrvle * main went oror un
sold. il o.i ten estimating the number loft nt
upwards of ft.ooo bond. A slx-enrload lot
of fancy l,4R4-lb. Angus steers nt $5. IB wa
tlm moit prominent sale. Cliolcn shipping.
Moors wore delected nt from M.CO to $4,80 , ana * '
good Mttlo beef Moor * were bought nround
J3.l5. ! C'ons , heifers and mixed stock dragged
with llttlodcMnnnd atlfom Jl to $2.00. I.ojs
tluin MM ) head of Texas cattle arrived , Thcuo
were cleared at cloudy prices or only from ISp
to 25e below the values of one week ago. Price *
dropped back from lOo to 15c again today , nud
tlmt with very moderate receipts. The total
supply , Including H.OOO head of HHO
stock , dlil not. nntrli i'\coed 17,000 head ,
hut the demand was mil slroms enough to afford -
ford nn outlet for wen tlio niovo desirable
grmlos nt stonily prices.
Shippers wcro In need of very few lions nnd
the trudo falling upon packers , was but feebly
supported , Soiuo fancy lluht nigs w io taken
parly t from JO.VJO to fd.'J.i nnil choice honvy
nt $0.10. tint the market iiul"kly sunk to f 0 ai
top nrleo for good honvy , nnd Into In the dny
10. lf > wns an ontsldo price for best light
weight * . Uootl h ( > avy packing nnil shipping
hog * wore bought at from J.YH5 to $5.05 and
choice mixed nround $0. Tlio week closes
with the market In thn wor.st condition of the
season.
Only 1,600 head of sheep cnmo In today , but
the pens wort" running over with stale sheen
Irtt from Friday's detmirallJied market , ntnkliiR
n totnl supply of moro thnn 10,1 WO he-nil , No
attempt was ninilo to clear such a burden
some supply , as It was uttnrly useless , lluyors
took off a fowof thu more desirable lotsnt very
low prices , Including a string of Srtil
chnlco ai-lb , Texas owes nt M 20 ,
and fnlr to good mixed natlvoi
at from 13.00 to 84 , but the bulk of the stock
again wont over unsold , the n.arket closing
weak on a Imsls of from $3 to M.'JO for fair to
prlmo natives and from f 1.125 to $4 forcommnn
toeholco Texas and western slock , Lrunli-j
nro from $1 to tl.UQ lower than the opening
prices of thu week , bust grades soiling now
nround $5.5 and poor to good lots nt from
IU.riOtotl.70 ,
Itecolpts : Cattle , l.&OO bond ! calves , 400
head ; hogs , 0,000 bead ; sheep , 1,000 bond.
Kunins City l.lro Stock Market.
CITV , July 15.-'Ai-ri.K ( Hucolpts ,
O.HOO bond ; shipments , l.HOU bonil ; market ;
for best grades was stoadv , lower for others ;
Toxna atcori , (2.00 < { 4.U3 ; Texas cows , $ l.COi&
'J.50 ; shipping MOOI-H , M.V.ri&d..iS ; imtlvo
COWM , } luawt.l)0 ) ; butoher siook , { : ,4tItV.a5 ) :
stookurs anil feeders , } .luiii.75 : ; bulls unu
mixed. Jl.7.rTt3.'J5.
lions Iti-colpts , 7,500 hoiid : Rhlnmpiits.
2,900 hondi nuirliul f > Bf.l&c lower ; bulk of
sales. J3.r > orw.r > r > ; boavles , * r > .4i ( ! packers ,
5.5Stri.70 | ; llglit , Ki.nOii5.SU ; VorkOM , 15.75
( BS.BlS'ii pigs , J5.OOan.HO.
fiiitisi1 HocelptH , 1,500 hnad ; fthlpments ,
1,000 bund ; market slow and weak.
St. l.nnls I.lvo Sloelc AliirUft.
ST. Lotus , , Inly 15.--f'ATTr.i : lJeceliits , 2,700
head ; Rhlpnionts , 1'JOO head ; marlcot uu-
changed In all klml .
lions -IlecolptK , 1300 head ; shipments ,
1,000 head ; nmrkut 5iilOo lower ; top prices ,
JO.lfts bulk of snles , J5.mftt ) > .00.
SIIEICI * Uecolpts , 700 head ; .shipment * , 1,800
head ; market steady , unchanged.
It Cures Cold , Coughs. Bora Throat , Crouf , Influ
enza , Whooping Cough , Bronchitis and Asthma.
A certain care for Consumption in first ettgcs.
and n Hire relief in advanced stages. Use at once.
You will e the excellent effect nftsr taking the
firct dose. Soil by 6 > a ! TO everywhere. Large
' '
STHENGTMITAim , MANHOUD
W.II. I'.UIKTCJI , Br.I > . .T o.4 ultliicliet. .
. , cfiltf conmll n < j phvsiciun of IM
l'KA' < 'JI > YMKUU.'Ar , lNsTlTUTK.towh---- |
ivm nwa-dcd the aiiLn HKUAI. liy tlio . < ATN NAS
MKIMCAL A VWI&TION fo , iho I'lsl/.l ! K 8AV OB
l.'rhauttttl'italllH \ , Mi'Oj'J , .AVrroit * nud 1'fiytli'al
I'cMlltitn.l . nil Jlitta . .i ami IIViiAxrn of .Ut-n ,
nlini'O the ynutia , tliu rtiiildlf-i.ijtd and out
li3IKfX I 'onrulutlon > n perron or by letter.
UUIIUO pro ? ectuii with ti'Htlmonlsle , FHEK.
l.nrife book , SCIENCE OF I.II'K. OK SELF-
fiSEllVATJON. SCO pp. . 15 Invaluable pro
rintlni" . full mX only P1.I"1 : * mail , tv/tlnl
SOUTH OMAJJ.A.
Union Stoo'i Yards Company ,
Soutli OrnaViai
ficst Cnttla Ho anil shojp inirkot IT t'.i3 irait.
'
CO IB HI SSI 31 H QU 5 S.
Wood Brothers.
Live Stock Commls-doa .Mnro'.mnti
So'ithOmnliB Telephone 1137. Chlcara
JOHN I ) . IIADHMAN. I _ . ,
- -
\VAI.TKH K.V.l j ) . f i"110' '
Mirkot ramrti by m ill anJ wlra cheerfully
iu-.iUU.il u ; : i apiiliu.itlJ.i.
OMAHA
U lanufacturefs a I Directory
HARDWARE.
Rector & Wilhcliny LobecK & Linn ,
COUl'A.NV.
Dflalo'iln hnr < lirar aafl
Corntr 10th and Jackson mechanics' uxjl * .
titruots. HJI I.'ouiilui Btroat.
HATS , ETO. | IRON WORKS.
W. A. L. Gibbon & Co Omaha Safe and Iron
\VlioIeialo WOltKJ.
Hat * , caps , lr w icoods , Fnf ivnull , Jut I nee
yloovoj. mitten * . 1UU Iron > butturs ami nre B
and Uarnuf btreets. en pin , OIK. Antlruon , lu
anil Jucksun
LUMBER.
John A. WaKefield ,
Imported.Arvrloivn I'ort-
land cemmit. Milwau
kee cement aud Qulncjr
wblto Iluia. I
LIQUORS.
Frlck & Herbert ,
Wholesale liquor dealers
1001 Karosm HI
PAPER. OEL&
Carpenter Paper Co Standard Oil Co.
Carrr a full stock of
printing wrapping ana ItenD a and Ukrlcatlni
writing carj
pipers , elo , olls.jixl * cr * * * * ) , no.
PRODUCE COMMISSION ,
Branch & Co. Jas. A. Clark & Co.
Produce , frulls of all lluttor , chttsa , * ( g *
poullrr ta4 g i * .
klQds , orstsrs. IU H. litb Hlrtsl.
BIOVE REPAIRS | SASH , DOOR3
Omaha Stove Repair MA.
\VOIIKH. fctor * repslrs lUnufs.ciar rs ol stsk.
aud icatsr * Uobmeot * door * . IM > 4 * tk4
f r of Una of slorv mauliilDgs. Braoebgf
act Uln M < Uni