Nebraska Newspapers

    > t TUT *
FROM SCHOOL TO WORKSHOP
Opportunities for Graduates in the Profes
sions and in Business ,
CHATS WITH REPRESENTATIVE MEN
Ample riiinin nt Hie Top In Hie Olilrr
PriifoNNlmiN ileetrlrlly : nnil Hnll-
ronilliiK- u KlrM U * ci -
tlnlN fur Surer * ! .
With commencements over and diplomas
ccured , a question of great Importance
comes home to every ambitious graduate
of colleco or High school. The battle with
books Just ended Is but a skirmish In life's
struggle. The four walls of a school buildIng -
Ing surrounded a mere playground compared -
pared with the hard knocks which the world
liohls In reserve. A few may escape them ,
bul nine-tenths of the number arc sure to
feel them. To all about to enter the arena
of the world In search of success , the vital
question , "What profession or business of
fers the best opportunities for my abilities ? "
A scries of Interviews by the New York
Herald with men prominent In several call
ings , throws some light on the question and
will be of Interest to young men.
Judge John F. Dillon had this lo say In
reference lo the practice of law :
"When my advice Itt asked by a young
man or his parents whether ho should study
law , 1 endeavor , In view ot the crowded
state of the profession , to dissuade him from
It , unless It Is seen thai ho has abilities
that In a marked degree dcmonstralo that
ho Is especially Illtcel for the law.
"The successful practice of the law In
modern limes requires very much more than
a mere technical knowledge of the practi
cal affairs ot the world. Moht cases do not
present mere abstracl legal problems , bul
concrelo problems what Is the best thing
to do ? which Involves a knowledge of busi
ness , of usages , and the practical affairs
of life. If , however , you cannot dissuade
him , the next question 1 ask Is , Is ho a man
of strong physical vigor ?
"Successful lawyers are hard-working nia-
chalnes. and unless they have a good physi
cal constitution they will fall of eminent
success. No lawyer can succeed , or long
nucccdl. unless In addition to the requisite
Intellectual qualities lie ! has also the re
quisite physical qualities.
"Integrity In the broadest sense , as well
ns In the most delicate sense ot the term. Is
an Indispensable condition to success In the
law. Intellectual qualifications , Illness and
Integrity will not alone Insure success. The
successful lawyer must also have Industrious
habits. The successful lawyer Is the lawyer
who works and tolls. Ho must have a genius
for work. These are fundamental condi
tions. Hut all these exist , and yet fall to
bring any marked success , because success
comes from a happy combination of physical
und Intellectual qualities , Including will ,
power of decision , moral qualities , Integrity
und caving common sense , so that the ad-
vlco which the lawyer gives shall bo seen
to be wise ; that Is , the advice he gives shall
bo practically demonstrated to be wise , as
Dliown in the results. The modern client
wants good results. "
IN THR MEDICAL PROFESSION.
The profession of medicine appears to bo
very much like that of the law , and the best
opinion relegates the mediocre to a poorly
paying , unenviable life. A representative
physician , high In his profession , was In
terviewed , who , In a few words , set forth
the actual situation as It exists today.
Dr. Edward G. Janeway was found In his
olHcc , and the question as to the opportuni
ties Iu the medical profession was asked
him.
him."I
"I can best answer the question , said the
doctor with a smile , "by saying that there
IB plenty of room at the top. I can say to
the young man who contemplates entering
the medical profession that If he has the cdu-
callon , with the qualifying temperament , and
possesses u keen love for the science , begin.
Apply yourself untiringly and success will
come. The harder and higher you work the
Greater the success There Is plenty of room ,
und able men of the highest grade are
wanted In the profession. If you haven't
the qualifications of education , temperament ,
love for the work and untiring energy , then
stay out. "
A visit among the dentists discovered the
same vacancies on the upper floor , wl/lle / the
tenants below are struggling and Ugh/Ing / for
life. Lltlle encouragement was given for
young men to enter the profession.
"I cannot conscientiously advise a young
man to take up the business of dentistry
for a congenial and paying profession , " said
Dr. A. S. Richmond. "The profession Is
Bi'catly overcrowded , Ihe profits are cut bj
competition and I belicvo the opportunities
for success to be much less than In almost
any other business. There arc so many
In the business who are not qualified for It
that they are doing a real Injury to all of
the rest , and have brought about a condition
of affairs that Is not In the least cncourag
Inc.
Inc."Then
"Then the business Is unfortunate In other
particulars. Ono Is the uncertainly of per
sons keeping their cngagemenls , and thus
losing much valuable time for the dentist.
Hours that have been carefully provided
fcr are often made Idle.
"Aa to the pay , It Is small. Of course , a
few dentists make largo sums ot money , but
I doubt If the average Income of New York
dentists Is more than $2,000 a year , and half
of this has to be paid for ofllce rent and
material. The business Is really not en
couraglng and I don't feel I can give It a
recommendation. "
FIELD OF ELECTRICITY.
Electricity hi a broad and Inviting field ,
Hero Is a chance of extended work , deep
original research and largo possible profits.
The science la young and Is suffering from
the changeable and uncertain complaints of
youth , but It Is most Inviting to the young
man of brains and education , and promises
nn ever widening range of operation that
Is opening Iu the distance faster than It Is
tilling In the foreground.
Mr. A. A. McCrcary , who Is thoroughly
posted on all matters electrical nnd whoso
Information Is up to date and reaching Into
the near future , was found In his odlco and
asked what Invitation electrical engineering
hold out to the young man.
"It Is a great field , " ho answered , "and no
mortal can tell just how large , for wo have
only entered It , The chances In It are big ,
very big , and thousands of brainy men are
entering It. There Is room for thorn all , and
the promise for big pay la good , though now
there are many drawbacks. The salaries
are largo for good men and the chances for
advancement are splendid for men with
original minds , who are applying themselves ,
And there Is DO telling what great results
will come at any tlmo out ot original re
searches.
"The domain of clectrlclly requires brains ,
technical knowledge of a high order and a
logical , persistent mind that will bear the
strain of close and persistent application.
A young man with these requirements will
find no diniculty In working to the top ,
So I say : 'Young men , come. on. Put In
all of your knowledge , ability and cap !
tal , and you will find a business that prom
tscs success equal to any. ' "
Regarding politics as a profession , Mayor
Strong of New York City said :
"Should a young man go Into politics as
R life's vocation and expect honor or profit ? '
My answer Is emphatically no ! There ls
neither honor nor proilt In It for the lion
est man , Politics should bo a matter of
patriotism raul not a matter of business. "
DUS1NESS OF MERCHANDISING ,
"There are as good opportunities for male
Ing a success of merchandising today as
over , " said Mr , Louis Stern , "Yes , I may
lay there are better opportunities. True ,
there Is more competition , anil business Is
done on closer lines than heretofore , uut ,
thru , the young men are better cilucutc.il
and their t = ch < ; l training should bettor
qualify them for meeting ami mastering
the lU'inands of business , The young men
from our colleges start with advantages
that their fathers did not have , and they
BlioulJ bo able to do better work ,
"I would eay to the young men , go Into
merchandising and you may expect good re
ward , You can get gooel salaries , aud you
can get good profits from your own busi
ness , Ilut remember you must woik. work ,
work. If you are not willing to do that
dcu't go Into tbo dry gooila business. If
you are willing and willing notwithstand
ing your high education to begin at tbo bottom
tom , bo Industrious ami give your best ri < -
crglea and ample time to your business you
will succeed , "
. To learn of the opportunities offered by
the clothing nnd men's furnishing
to young men. the reporter called on Smith ,
OrnjCo. . at their Ilroadway store and wax
received by Mr. C , H , Uelnvorgnc , the man
ager.
"I muxt Buy frankly , " began Mr , Dcla-
vcrgnc , "that this business docs not offer
any grcal encouragement to a man about to
eintnrk In business , particularly It ho Is re
stricted to what was considered a fair capi
tal a few years ago , say $10,000 or $50,000.
Such a man , In the larger cities , dimply has
no chance for success. The business Is payIng -
Ing the big houses , and a man who starts
with them , applies himself and Is able to
work Into a similar business lias the saino
chances as In other mercantile pursuits.
The salaries arc resonablc and the chances
for ultimate success and fair profits good.
"Hut the Idea of starting In the clothing
business In a small way with hope for suc
cess , even with the highest business ability
and closest application , Is all wrong. The
growing tendency ot the centralization of
capital defeats all such small ventures.
"Through the keenest competition the
margin for profits has narrowed. Why ,
many largo establishments simply have
their cash discounts for profits. These big
concerns can really sell goods for less than
the small dealer can buy them.
"While speaking 1 have had clothing par
ticularly In my mind , bul the same facts
apply to the trade In boots and shoes and In
men's furnishing goods. "
A call was made on the wholesale drug
house of Schuylcr , Schlcffelln R. Co. . and my
questions wcro referred to Mr. Urown , Ihe
manager.
"There Is plenly of room In Iho drug
Iracle , " ho answered , "and grand opporlunl-
llcs for Ihe rlghl kind of young men. The
right kind of man Is one who Is educated ,
who Is willing to begin at the bottom and
apply himself diligently to business. If this
Is done success Is certain. The profits are
small In this business , while In the retail
trade they are quite large and ample for
remunerative returns for the capital nnd
attention required. Hut then wo are for
tunate In having n business which runs very
evenly throughoul the year. U really offers
exccllcnl Inducements.
"It-requires hard work , and shirking will
surely bring failure. If a man trie's to start
at the top he will slide to the bottom through
a simple law of nature. Then It Is a dlfllcult
business , and comes next to the professions ,
for It requires much technical knowledge and
Information of Intricate details. The utmost
executive ability Is required to conduct a
largo business , and keep It on a paying
basis.
"Tho salaries are high , and able men are
In great demand and Indispensable. Such
men are sure of advancement. So , you see ,
the business offers Inducements , and has
plenty ot openings for men who are qualified
to reach the top. "
BROKERS AND HANKERS.
Mr. J. Van Schlack , one of the oldest men
"on the street , " was asked about the
chances in brokerage and banking.
"There Is really no chance for a young
man to make money as a broker now. Of
course , ho may get a start with some old
firm , and by Iho right sort of ability and
application finally make a success ot U.
Hut there Is no encouragement , particularly
at this time. The business Is cut all lo
pieces , and the Stock exchange Is so con
servative and holds commissions si high that
outside , Irresponsible persons are Induced to
go Into the business and ruin It. Then , In
terest Is very low , and there Is no great
profit In thai department of the business.
"Tho uncertainly lhat comes out of our
financial system Is greatly responsible for
the uninviting state of affairs. This uncer
tainly also affects banking , and 1 would be
slow In advising any man to start In the
banking business , particularly at this time ,
Of course , a man with capital can always
nnd use for his money and make money out
of It ; but there are now no extra Induce
ments. The right kind of a man to start In
a big bank has the best of opportunities for
advancement and may take advantage ol
chances that may lead him to success. Hut
I must say I cannel recommend banking or
any kindred business as a good opporlunlly
for financial success. "
The hotel business Is one not often sug
gested to a young man , but It was embraced
In the present inquiry , and Mr. T. M. Hll-
llard , now In cluirge of the Waldorf , was
called on ,
"There are good opportunities for young
men ot education and energy to find remu
nerative employment' In the hotel business , '
he said , "that Is , If they are willing to prop
erly qualify themselves , and to devote the
long hours to the business that are required
by constant and careful oversight that Is de
manded by each department of the business.
The hotel business Is one which has not to
any great extent received attention from col
lege-bred men , for they have apparently
thought It did not offer opportunities for the
exercise of their acquirements. But that Is
a mistake.
"The training of a college In developing
the quick and accurate exercises of the fac
ulties Is exactly fitted to prepare a man for
succcsstul hotel work. Most of our more
prominent hotel managers are self-made
men , many of whom have started at the
bottom and worked their way up to the
top ,
"I really know of but few fields that offer
betlcr chances , with brains and application
than the hotel business. Then the remii'
ncratlon ! s good. "
THEATRICAL HUSINESS.
In reference to theatrical business as a
life work for a young man , A. M. I'almer
says : 'Does theatrical management offer
opport nlllcs lo the young man who has
Just graduated from college and Is seeking
a career , and would you advise H as a choice
of business ? II Is Impossible , for man >
reasons , lo give general advice of definite
value on this particular subject.
graduate who had made a special study of
economic questions nnd finance could rea
sonably hope for success In banking , I woult
unhesitatingly say yes. I should say the
same thing as to railroad service. In these
and similar lines of business the young ad
venturer would have definite alms and es
tablished Institutions to occupy him. I can
Imagine a young man In Europe fitting him
self for the management of a stato-aldce
theater.
"A permanent position exists which ho
may acquire. With us the manager exists o :
himself. Ho cornea , succeeds or falls , leaves
his mark or not and disappears , leaving no
ono to fill his shoes. Management considered
as a business Is largely a matter of accident
It was so In my own case , and whatever
unconscious preparation I may have had for
It would not lead me to say that a special
literary preparation for the business gives
the young man any special advantage In
seeking management as a business ,
"It Is not a matter of employment. He
would require experience and capital , not
to speak of other conditions , to begin life ns
a manager. If he should wish to learn the
business In Its details ho mfght have to un
dergo a long apprenticeship , serving In many
capacities , with the result always Indetcr-
inlnale , for many are connected with the
profession who never do and never can de
velop Into managers.
"Thero arc too many acldents In the ca
rcer and too many personal qualities hidden
In ono to promise success lo any youns
man , It being Impossible to advise a young
man how to become a manager , It follows
that If ho seeks and secures employement
leading1 up to that end ho Is simply making
an experiment. "
RAILROADING.
The business of planning , constructing ,
equipping and running railroads appears , on
good authority , to bo an Increasing business
that demands the best brains and most will
ing hand In the land. 1
Mr. John M. Touccy , general manager cf
the New York Central & Hudson Illvcr
railway , was found busy In his office , but
courteously took time to answer my ques
tions for the benefit of the youVig men cf
the country.
"There Is plenty of room for young men
In our railways , " he said. "There Is a
demand for them , and they are wanted
badly. I know of no better chance for
young men In any business , Ilut they must
have ability first , and then application ,
That will Insure them good positions , good
pay and advancement. "
The success of one young man with the
New York Central road Is a good Illustra
tion of about what Is required , nnd will
apply to other lines of business , So the
story , which comes from an office of the
road , Is not without value.
The young man 1s .Mr. Harry Wblpple ,
grandson to the respected bishop of Minne
seta and a graduate of Yale college. Ho ap-
plkd to the New York Central for work
and was put In ono of the ofllces. Finally
he went from ono department to another
until bo got Into the operating department ,
\vhleh was his strong desire , Then ho be
gan studying the principles of a locomotive
t'liglue. and by the use of a model \\hlch ho
could dissect learned oil about Its construe-
Ion. Ho naked to nre nn cnplnc and * c-
cctecl n ulnslo trnck division of the rend ,
where the work w s most dlfneuU , for his
iractlcc. There ho performed a fircninn'R
work for fireman's wages until ho had served
us npprentlccuhlp , Then he look a loco-
native ns engineer and ran It on the same
Inc until he knew all that was to be learned
about It.
From that he was graduated Into a round-
touso nnd did every sort of work that Is to
je done In such a place. Ho shirked noth-
ng nnd took the surroundings nnd pay of
each position he occupied. Now ho Is In
charge of ono of the large round houses of
.he company , with all ot the responsibility
; hat such n position Implies. And the end
U not yet.
Summer AddrcNMCS nf
The summer addresses of the teachers of
the High school will bo as follows :
Irwcn Lcvlston , 312 North Twenty-first
street , Omaha ; Anna T. Adams , Osceoln ,
Polk county. Neb. ; S. 11. Heals , 2118 Uaven-
porl street , Omaha ; May L. Copcland , 312
North Twenty-second street , Omaha ; Mrs.
Hllzabcth Craven , 2C04 Davenport street ,
Omaha ; Hello Dlnturff , Chicago university ,
Chicago , 111. ; Ilertha 0. Green , Hastings ,
Neb. , care Superintendent Halt until August
1C , then Iftol Vine street. Lincoln , Neb. ;
Hecla Johnston , Xcnla. 0. ; 10. J. Kelscy ,
3S55 Franklin street , Omaha ; Mary A. Lan-
dls , Monroe avenue and Oxford street ,
Rochester , N. Y. ; Helen Lloyd , 321 South
Twenty-fifth street. Omaha ; Kate A. Mc-
Htigh , Galena , 111. ; Antoinette Ogden , near
llt-ton ; Maria Okey , Mnlcom , la. ; Mary B.
Qunckcnbusli , Morrison , 111. ; Mrs. Ullz.iboth
Houdebuph , 2110 Douglas street , Omaha ;
Lucy J. Hoys , 2GO ! ) Bristol street , Omaha ;
Viola 11. Shlppcy , dowanda. N. Y. ; HcFsle J.
Snyder. Kurekn , Neb. ; Jessie M. Towne , 2523
Fnrimm street , Omaha ; George M. Turner ,
Skcncatcla , N. Y. ; Georgia Valentino , llich-
mend , Intl. ; Jennie M. Wallace , Omaha Na-
tlonal bank , Omaha ; Suzanne A. Walker ,
\VellcBloy Hills , Mass. ; Hessio Wedgewood ,
undecided ; J. B. Wlgmnn. 1U1 ! Locust street ,
Omaha ; J. M. Wilson , 2112 Dodge street.
Omaha ; J. V. Woolcry. Lisbon , O. , until
July 15 , then Anlloch , Ky. , Harrison county.
KdllcnllonnlolcN. .
Williams college conferred the degree of
LL.D. on Hon. J. Sterling Morton , secre
tary of agrcculture.
Professor O. F. ICmcrson of Cornell IH to
become n member of the faculty of Western
Reserve university at Cleveland next fall.
A magnificent gift ot $000,000 was recently
made to Princeton college for a new library
building. The name ot the donor has not
he-em divulged.
Columbia university of New York at Its
recent commencement conferred the degree
of doctor of laws on Provost Harrison of the
University of Pennsylvania.
Out of 900 High school graduates In New
York City who tried the examination for en
trance Into the Normal school only five
passed In geography and few more In his
tory.
John D. Rockefeller , the founder of the
University of Chicago , and his wife will
visit the Institution the first week In July.
This will bo Mr. Rockefeller's first visit to
the university.
The Newport , Ky. , school board refused
to re-eneago a teacher because ste hail
visited Scott Jackson , one of the murderers
of Pearl Oryan , at the Newport Jail anil
given him presents.
Dr. Herbert U. Adams , head of the de
partment of history and political science In
Johns Hopkins university , has gene to Eu
rope to Investigate the subject of popular
education for the United States bureau of
education.
This summer marks the twenty-fifth an
niversary of President Julius D. Drchcr's
connection with Hoanoko college , Siilem. Va. ,
and the board ot trustees has marked the
event by adopting a scries of complimentary
resolutions.
Howard university of Washington has con-
ftrrcd the degree of 1) . D. upon Professor
Isaac Clark of Washington and Rev , Jt. D.
W. Mallory of Lenox , Mass. . and the de
gree LL.D. upon Rev. Dr. John Julian of
Shcfllcld , England.
Two Chinese girls have just finished the
course at the University ot Michigan with n
splendid record for scholarship , both with
the faculty and with their follow students.
They are Mclyle Shlc and Ida Kahn , who
register from Kin KiaiiB , China. The new
woman will yet work wonders In theT flowery
kingdom.
Mrs. Jane L. Stanford's devotion to the
university which bears her son's name has
been shown in a way so uncommon as to
attract special attention. Although she was
receiving under an order of court an allow
ance of $10,000 a mouth pending the settling
up of the estate , she regarded the needs ol
the university as being paramount to hei
own and voluntarily asked the court to re
duce her allowance to $2,000 n month.
. Moses M. Hobby , who has Just died in
Stanford , Conn. , was for many years en
gaged in teaching In New York city , When
Professor Henry of the University of New
York received from Dagucrro his newly In
vented process of taking pictures Mr. Hobby
was among the first persons In this coun
try to sit for a picture. He received one of
the first messages on Morse's experimental
telegraph wire and was ono of the flrat
paKscngers to run out of this city to Ford-
flam.
_ _
Sen II n iv .Sli-amer IH lluriieil.
ST. JOHNS. N. F. , Juno 28. The steamer
Iceland , one of the best of the sealing fleet
In this vicinity , caught fire yesterday and
Is reported a total loss. She Is owned by a
Scotch company , with headquarters at Glas
gow. She Is valued at nearly $ SOOCO , and Is
nearly covered by Insurance.
When \atllro
Needs assistance It may he best to render It
promptly , but one should remember to use
even the most perfect remedies only when
needed. The best and most simple and
gentle remedy Is the Syrup ot Figs , manu
factured by the California Fig Syrup com
pany.
f'niiHriiiiilloii at CroNdin.
CUICSTON , la. , Juno 23. ( Special Tele
gram. ) At St. Malachy'H Catholic church
this morning a class of forty-seven received
their first communication. Father I2ede pro
siding. The services were elaborate and
Impressive , AITICW'B famous band fur
Dished the music for the occasion.
PO1IHCAST FOIl TODAV'.S WHATHKlt.
KM IP unit Warmer \eliriiMlci on
Moinlay , vllli Southerly Wlnilf ,
WASHINGTON , Juno 2S. The forecast
for Monday Is ;
For Nebraska , Iowa and South Dakota
Generally fair ; warmer ; southerly winds.
For Oklahoma , and Indian Territory-
Fair ; variable winds.
For Missouri and Kansas Fair ; slowly
rising temperature ; variable winds , becom
ing southerly.
For Colorado nnd Wyoming Fair ;
warmer ; southerly winds ,
For Montana Fair ; cooler In western por.
lions ; winds becoming northwesterly.
Local Id-cord.
OFFICE OF WEATHKH HUIIEAU ,
OMAHA. Juno 2S Omaha record of tern ,
penuuro and rainfall compared with the
corresponding day of the past four years :
ISM. 1S33. 1891. isui. :
Maximum temperature. . . 70 cs ! W si
Minimum temperature. . . . CO 63 00 fi ;
Average temperature . . . . 70 M 78 7 , ' ,
Precipitation 00 ,33 .00 .00
Condition of temperature and precipita
tion at Omaha for the day nnd since March
, 1oDu !
Normal tcmpcraturo , . , . , . . , , 74
Deficiency for the day 4
Accumulated excess since March 1 IG.'t
Normal precipitation 19 Inches
Deficiency for the day ia Inches
Total precipitation slnco Mar. 1..17.iO Inches
Kxeesa slnco March 1 2.SO inches
Dcflcltncy corresp'g period 1SS3. . 4.55 Inches
Deficiency corresp'g period 1WI. . 0 CO Inches
ItoporlN from SdilloiiK nt H jt. m.
I * A. WELSH. Ob ervtr.
WALL STREELW ) FOLLOWS
Stock Operators Log JHiilo General Business
Responds tosvir's [ ] [ Defeat ,
SPECULATIVE SPIRIT SEEMS CRUSHED
< " < Ilt % AilniiMon < if n ( Sotil
IMnnk nt SUi'-'LoiiU ' ' Oilmen
Slimly from * ( hf I'rofeN-
Hlonnlx.
NBW YOllK. Juno 28. Henry Clews ,
of the banking house of Henry Clews & Co. ,
writes ot the situation In Wall street :
Somewhat singularly , Wall street 1ms
Hhowii much less sympathy with the assur
ing effect of the St. I ouls ilcclarntlonB
free silver than other brunches of
the business community. This anomaly
may be aceountcil for from various eauses.
To liosln with , the speculative spirit has
oi'ii so completely crusheil and the
Street" has become so utterly tllstriistful
that the market had lost all Its resiliency
and WAS too feeble to respond to even the
"bull" overtures from London. In the
next place , the loom "boar" operators wore
considerably oversold and stoutly resisted
any upward tendency. Attain , there \\IIH a
disposition to wall for the c oho of public
opinion upon the St. l.ouls i i Id plank ; and
r-ome nre disposed to wait lor the outcome
of the c-hlettuo convention. Moreover , the
fact of the chaliBe coming so near the tlmo
of summer absences was unfavorable to
timloitnkltip ; new operations ; and the more
so as thoie Is every prospect of the elec
tion campalRii bolni ? one ol unusual excite
ment. Also. It Is tcarcd that an over
whelming display of silver slreiiRth at the
Chicago" convention may possibly Interfere
with the wholesome Impression produced
by the St. I.uui' ) declarations. The per
sistent runiorn of Impending complications
between Spain and our government , though
probably having no foundation In fact ,
have had a restraining effect on transac
tions ; and the unfortunate Incident In
Venezuela has had a simitar tendency. It
Is mainly this combination of a Bet of small
Influences which has held the market stag
nant under conditions otherwise well cal
culated to foster an Important Improvement
In prices.
prices.WIIJj
WIIJj NOT IOOM STOCKS.
There Is now apparently little prospect
that the great assurance of safety against
silver conveyed by the St. Louis platform
will be made the occasion of any Imme
diate speculative boom. The event has lost
Its first freshness , and Its olTortH must be
looked for under cover of a later set of
circumstances. Wall street has lost the
opportunity for an Important recovery from
Its protracted depression and for showIng -
Ing Its appreciation of an Invaluable con
tribution toward the recovery of public
confidence. It has failed to celebrate , In
Us own way , a great financial victory and
a great national event , and with no great
credit to Its sagacity. Hut. not the less ,
the achievement will have Its effect upon
the course of financial affairs , though the
recognition may corno. so late as to lose
some of Its effect. It has been supposed
that Wall street's verdicts are prompt and
that they give the cue to the opinions of
other Interests. In this case. It has failed
to Justify Its reputation for leadership.
Hut , no loss on thitt account , have the
mercantile and Industrial Interests formed
a very decided estlmlite upon the Im
portance of the utter defeat of the silver
faction at St. Louis , They perhaps recog
nize more readily the value of this victory
because it Js largely theirs ; not a 'political '
achievement ; but one won by the manly
efforts of men moved by an Intelligent per
ception of the vital Issues at stake and the.
serious Interests endangered. Among the
mercantile classes , then ; Is a common fool
ing , almost Irrespective of party , that the
St. Louis platform ' 'isstlron the consumma
tion of a sound inrfney policy and the final
avoidance of the silver peril. This Is more.
than n hope ; It Is ,11 ( Ixcd conviction ; and
the demoralization pervading the rank-J of
the opposition party , eems to leave * no pos
sibility of any otlwr outcome of the elec
tions. The feoliifcr 111- trade circle's has
conpequently BVowif u very marked Improve.
munt within the past week. In thti. volume
of commercial tranpactlons there luis boc'ii
perhaps little change ; for the reason that
this Is a mid-season period of the year and
the volume of HuSlnc ! iv Is at Its lowest
point. There Is , however , a marked recov
ery of uonlldent'f iwhlch may l > e expected
to show Itself IK /preparations for the
fall trade and already finds expression In n
bolter tone In prices. , "
This Improvement does not overlook the
fact that the defeat of the- silver faction
does not cure every/ evil In the .situation ;
nor H there any Inclination to exaggerate
Its value. Theie Is no disposition to ovaile
the fact that n refractory senate may be
expected to do Its utmost to defeat every
form of wholesome legls'atlon. It Is ex
pected from that body that the defeat of
silver will cause It to oppose all efforts to
renovate our currency system , and prob
ably to Interpose every obstacle to rein
forcing- the revenue through a revision of
the tariff. Nor Is It forgotten that noth
ing has yet been accomplished toward re
lieving the treasury of Its nxposure to the
draining of Its reserve The prospects of
legislation nr'o thus surrounded with no
little uncertainty ; and absolutely smooth
and unobstructed sailing Is out of the ques
tion. Ilut the difficulties that remain arc
virtually subsidiary matters , aa compared
with the. removal of the one danger that
has threatened to overwhelm every Inter
est In the ruin of a debased currency. The
mcnpe from the danger which has over
shadowed all others combined Is something
that warrants a very large recovery o !
confidence and a great relief of the para
lysis that has so completely prostrated bus.
Inoss ; and when the time comes round for
the resumption of seasonable business It
seems entirely reasonable to expect a re
turn to much he'althler business condltlonn
than we have witnessed for Hies last three-
years.
years.GOLD
GOLD INCOMIC IS NKKDI3D.
One. of the first subjects to bo undertaken
upon the reopening of congress should be
the remedy of the conditions under which
the treasury Is 7iow sufferingIt Is time
that the policy of running the finances unon
temporary makeslilftH was ended. The
country has become wearied of borrowing
5100,000,000 a year to redeem the greenbacks
over and over again , and no delay should
be lost In bringing about a fiscal rearrange
ment that will Insure for the treasury a
gold Income sufficient to take care of all
needful redemptions of Its notes. That
was the protection of the treasury pre
vious to lMi.1 , and there Is no snfliclent rea
son why It should not now become Its
shield again.
That me'asnro belmr accomplished , noth
ing will remain needful to effecting a com
plete restoration of our credit abroad ; and ,
wfth that , will cease the continuous drain
upon our stock o' g&Td. with probably a
return of much of the largo amount that
wo have exported since the panic of ism.
This and the prevention of further coinage
of silver being accomplished , the recon
struction of our paper money system may
be safely permitted to stand over until con
ditions arn mnrc favorable to a thorough
wlso and final treatment of that branch
of the money question. The great thins
that now summons the country to a re
vival of confidence apd activity Is the fact
that the silver heresy In at lust placed un
der control nnd < b Ktln"d f > extinction. Thla
emancipation Is not yet linlf estimated at
Its real practical value ; It Is too far-reach
ing to be taken In on first thought. Its
frultH , however , mustisoon begin to ripen In
all branches of
UAIIH3HN CA.\M'f" < > UCH A 1'A.MC ,
Hummer Hard n't I'rli-cH , lint Full lo
Induce A < 'liiii 'TIiiliiTN (11 ( Sell ,
N1-3W YOIUC , J line /2S. / The professional
raiders have FpenV''ai ' ( ' Industrious week.
AH was pointed otft"In' these dispatches a
week ago , most of 'uin talent on the Stocl :
exchange ) Is just 'imw oil the. bear sl-le
anxious , If possible' . ' Id Mmash prices. They
took this tack two or three weeks ago.
when out of a griiit hullabaloo prow the
suspicion that th .rniubllran national con
vention might iloilKiv , jur straddle on the
money question. They mil out big lines of
short stock and were Vllsuppolnted at the
result- * * '
Instead of the demoru.llzlng action which
they hoK | > d for at StT i uls , the republican
party came forward honestly and bravely
and the quick result speculative1 ! was
practically every bear npeeulator ; In Wall
street was badly nlppvd. The market went
up. In Homo qilurtbVHlIf scored an advance
that hail In It the flavor of an old-time
boom. Kow HhortB have since been covered.
The traders who a month ago sold stocks
they did not own lm their delivery con
tracts Btlll unclosed On this account they
keep pegging away at current prices.
At the beginning of this week they nicked
out Sugar trust stock to center their at
tacks upon. They went at It vigorously
and tmvo been able to knock It down 10
points. Incidentally they have had the as
sistance of Important Inside Interests. The
smashing of Sugar , however , la Inconsi.-
quuntlal beside what bus been aimed at ,
for It Is the rest of the market the stand
ard railroad stocks that the raiders have
really desired to affect.
In that they have accomplished prac
tically nothing beyond Increasing their al
ready extended short Interest. In some of
these railroad stocks , llku St. J'aul. Ilur-
llngton and Hock Island , the short con
tracts have really become unwieldy. With
the railroad stocks refuging to get Into a
panic along with Sugar trust the raldero
directed their attention In the latter part
of the week to some of the other conspicu
ous IndustrialsJiotably Tobacco and
Leather trusts. Tlit-fie have declined ma
terially , though hardly an much as the BUI-
national npnultfl upon them might Imve
srfineil lo wnrinnt.
In the brief pension of iiuslncsR on Uio
Stork exchange yestcrtlay there wan n con
certed drive at ox-cry prominent Mock deal
nnd those that were most largely traded In ;
fell off a point or so , both In the Industrials i
nnd railway shares. Hut a canvass of the
most Important banking nnd brokerage
houses 1 of Wall street since business closed
for t the < lny disclosed almost unanimity In
such quarters In the belief that of the
stocks sold for the transactions which pro
duced the. declines , hardly any represented
the liquidation of Investments , the selling
out of stocks owned outright or being car
_ ried on margins by the investing classes.
The demoralizing sales were sale's of short
stock. The declines In prices were caused
by transactions which are now only half
completed.
Anybody with courage can sell stocks
down In a hammering e-atnpalgn. The trlek
Is to be able to buy back at anything llko
the prices which the hammering produces.
The last part of this program Is yet to be
put Into effect so far as the great major
ity of this week's transactions nre con
cerned.
There Is practically a universal agree
ment In the highest quarters of Wall street
that the people who now own stoi'ks are
not letting them go because of any new
fangled threats or demoralizing sales. The
approach ' of Ihe national democratic con
vention and Its game cf anarchy finance
Is cutting no llgtire In the Investment
world. Nobody In financial circles Is creditIng -
Ing the democratic party this year with any
chance of winning. Its probable platform
declarations , therefore , nre causing no ap
prehension. The mat ! dog "lull cannot bite
Is not a mail dog to ere'-1 : n panic.
H looks as If .If cert of campaigning
with which we have hep i lecaled this week
may continue In Ills and starts through
out the pendancy of the pOlltle.il ccmi algn.
There In likely to be continual t > imitation
lo bear traders to rush In anil hammer
quotations , but the results \ \ \ \ \ probably
be right along pretty much what they have
been this week the mere marking down of
quotations without attending liquidation ,
which means no material advantages to
the speculators who do the hammering ,
while the risks they assume ) will be full of
ilangcr.
Hupaboos have lost their terrorizing ef
fects. In every sudden decline In quota
tions for good stocks now there will be
opportunities for handsome and probably
quick prollts for men courageous enough
to Invest. Such an Investment will need
to be prudent , of course , but the oppor
tunities offering have never he-en greater
than they are at present.
present.It. . AM V\VAY.
CHICAGO ( ilt.VI.V AXIJ I IIOVISIII.\S.
VndircN ofllic TrinlliiLT and CloNlni ;
PrleeM oil Sn t iirtliij.
CHICAGO , Jnnu 27.-Tliu decline In Wall
street securities was largely responsible
for a further decline In wheat today. Sep
tember closed easy at KiTsC , or about lie
below yesterday. Corn and oats each mif-
fcreel another 14 c decline anil pork dropped
There was only a moderate speculative
trade In wheat , and that was chiefly local ,
the range of the day being from rSiC toc. .
The feeling displayed at the start was n lit
tle steadier , and for awhile the market held
fairly llrm , hut a weak spell soon set In
and prices made a new record for this
week , July selling off lo 5IHc , September to
fioTfec , and December to 5794C. Klnnl llgnres
showed a decline of from ? , c to % e : . The
early strength came from the fair showing
of the exports for the week. Northwestern
receipts , too , were more moderate , and the
southwest had more rain , which were also
factors that had a like tendency on the
market. Argentine shipments were small.
Cables , too , were fairly steady In tone , Liv
erpool being quoted unchanged , which , In
this incis ot the decline ! on this side , was
taken as an Indication of more conlldcnce.
There was it moderate trade In com and
an easier tone to the market , a good deal of
July liquidation taking place. Slightly
l'.ic e-arly and widened later to from I'.tc
to lUc. ItccelptH wore liberal , the weather
good and they were the principal factors.
Oats were active , weaker and lower , es
pecially for July , which declined SBC and
closed -U the bottom , while the other
. many shorts also cov
ered and sonin investment buying was In
dulged in owing to the low prices , and
shippers bought July to close their spreads.
A , , ' . : . . ! ! . ? . " ' ! . " ' 'I" ' transacted In the way
The provision market repeated its old
.ory of declining values. It opened a sliuclc
It opened n shade lower thnn It closed
yetter-
iliiy ami suffered n further decline In the
of the day. lard courte
July closed nt Its record hreak-
inir low- price of $3.k7'i und September nt 14.00 -
Illbs cloted nt the mnnpiIre an on the day
before , hut pork lost 7Hc. CIcwIiiR quotations
for the beptember del \cry were 1'ork S7 10-
Inrd , JI.OO. nd ribs. J3.SO. ' * '
i"tlin.-itcil : receipts for Monday nre' Wheat
1C cnr ; corn , COS cars ; outs , 350 curs ; hoes !
_ Thc leading futures ranged ns follows :
Articled
Wt-eat.Ko.'J
June
Jnlv ,
Sept
foi n. No 'J. .
June ,
July
Sept
May.
Oald.'Na1. ! . .
' July. . .
Soul
May
I'orH.re-rhbl
Jnlv
be-pt
l.trU.KIuibi
July
Sept. . . . . . .
fchort lllbs-
Jnly
Sept. .
The following were the receipts nnd shipments
todny :
Cash quotation * were as follows
I-'IXUm Dull ; patents , t3.40fi3.tt > ; slrnlnhts.
f2.IJC03.30 ; ( .pring patcnlB , J3.1KQ3.75 ; bakers ,
WIIKAT N'o. 2 Fprlnjr , r.4 ic ; No. 3 vprlnir Cl
0rcc ; NO. 2 red , cr , ; ffC7 > ; c. '
COHN No. S , 27Sj27'tc ' ; No. 2 yellow , 27Jff !
: < % c.
OATS No. 2 , 15ic ; No. 2 white , 17iiac ; No.
3 white , lG'iflS' , < ie.
IIVIS No. ' . ' , SOc.
DAKI.l-JV Nomlniil ; No. 3 , f. o. U , 27ff30c ;
No. 4. f. ii. b. , 22i.c. !
l-'LAXHKKD No. 1 , 7S c.
TIMOTHY SKHD I'rlme , J2.9S.
I'HOVIBIONB 1'ork , mc'xs , per hhl. , JC.SOi ?
C.P5. I.urd , per 100 Ilis. , J3.87'.i. llncon , short
rllm , sldra ( louvr ) , J3.C5fi3.70rdr > ' Fiillt-d shoulders
( hexed ) , n.kT gi.rJVj ; thoit clear side's ( hoM-d ) ,
WIIIBKV Distillers' flnlslicd COOIH ! , per ( -al. ,
11.22.
Kl'OAH Cut loaf. nnchaiiKi'd.
I'OUI.TIIV Miidorntej tuikuyn , 70Sc ; chickens ,
S12c ; duelm , Uglic.
Articles. Uecelpts. Shipment * .
Flour.btilH UKill
\Vneatba 11,111111
Corn.bu ! ! ! ! . ! , ( ) ( ) > )
( JnlH , bu 4'JG.OOO
liye.lr.i 1,000
Carley. bu 1.000
OutheProdiieo oxelitinra tol.-ivtho butler mar
ket wan Htendy , llrm ; cri''inii'ry.liJtl m'c ; dairy , lift
P.'e. 1'Vt'n. quiet ; frt'Hh , lOullu. C'houMu ,
TttTUc. ,
.MOMY is KAIIII.Y UAHV i.v IOM O.V.
SiietMilnllv < * Sliver I'lireluiHi-H Kiill ( n
< ! % KlrinnexH lo ( He MnrUel.
LONDON , Juno 2S. Tim rntes for money
for the week were ) fulrly easy. Speculative
American inircliaKCH of silver this week
maelo lu view of the coining Clilcngo con
vention falleil to give flnnnt'HH to tlio mar
ket. Tlio Stock exchange IjUHlnc.s.s W.-IH
small , beingrniilnly encaeeil In a Hottle-
ine-nt. Home railway neenrltleH were still
rising. Chartered South Africa WIIH little
affected by C'eell HhodCH1 resignation. Tlio
mining market WIIH dull , with occaHlonul
rallies. American nccurltlcs were easier
on proilt tnklMK"ixl there \VUH very little
liiisIiie'SH doliiKTho decrease ! ) for the
week were IIH follou'n : Loiilsvlllo and
Nashville. Hi ; Krlo ! ! s anil I.akn Bhore , I'/ . ;
Atolilson , Topeku & Santa Ke , Illinois Cen
tral nnd Norfolk & Western. 1V > ; Chlcafio ,
Milwaukee & HI. Paul nndVafiti8h , 1 per
cent. Canadian 1'aclllc declined on the
result of the elections In Canada. Grand
Trunk showed a fractional advance- .
I.iniilnn .MarKi't HcvliMV.
I.ONOON. June 27. Tlierc Is u prospect for a
murked Improvement hi crops. The wheat U
doing well und In the early dIMiU-tH the har
vest Is expected In the middle of July , \Vheat
In the market has been uulet , especially for
ward wheut. Prices were fully 3d woltc. HUB-
kliui offers were light on pdsyaKtt und flguies
were reduced , but the demand was poor. Amer
ican quotations were weak and general bupplle *
were very moderate. Cullfornla uhcut , prompt
delivery , was quoted at 26 * . Parcels were quiet.
Duluth wheat , July delivery , was quoted ut 24s
Cd. Flour wan dull. Ilukers Hour WUH quoted
at I7s. Maize was quiet mid steady. July par
cels were quoted ut 14 * Cd. Hurley was slow
and easy. OutH were dull. American clipped
oats , August delivery , we-ro quoted ut Ki.
Dry ( iiinilN.
Ni\V YORK. June 27. The day closed very-
quiet , as the demand stimulated for bleached
lotions by reduced prices having I en supplied ,
bath local and out of town merchants uie In-
dli-put'ed to do aio'thlng till veinl-unnual ac
counts are closed. The best feature of the Hlt-
uatlon U that many cotton in 11 In will shut doun
today and that u shutdown uf more than C.OOO-
OOU spindles for four weekH during July and Au-
gUBt bus been announced. Tim reduced pro-
durili.n resulting therefrom inu t have a good
effect un values. Printing cloths dull at 27 ICc
1'AUj IHVKIt , ilujs. . June ? 7. The print
cloth rpnrkM ha ten n"lct Ml Hie wrck wllh
K \rry inodfrntf Oernnnd nnd IlKht Kites. The
biijers Imve shown no Increase In Interest , rven
with the certainly of n flint duwn before them.
The very larpe mock , on Imnd moke * thi-m sure
In holdlnc nt ( IIII business nl their end Im.
prove * , Prices cannot Incrense to nny mnterlnl
extent whll * till * . Mock remains unmoved. The
ale were nbmit equally divided between spot *
and futures. The futures were sold for de
livery Uu-ouch July , AiiRiist ami s = epteml > er ,
C.NO pieces a week boliiR the larsest weekly
aliWith July nt hand , the advance sales
were only Cfi.foo pieces. The market I * Heady
nt : 7-lCc nnd the demnnd Is light.
OM.MIA CIOM'.HAI MAttlCHT.
Condition of Trade mill ( Intitiitlnn
on Stnplo nnd I'nney I'nulnee.
MOOS Choice sleek. SfiSHc.
IIUTTnii-Common to fnlr. Sc ; choice to fancy
country , 10flJc. *
YAI ! : < Choice fat , SO to 10 Ibs. , are ( juotej nt
larce nnd coarse. 4C6c.
CHKKSH-Uomestle brick. 13c ; IMam. r" < loz
W.M ; club house , Mb. Juts , per do * . . J3.50 ; Mm-
borccr , fancy , per lb. . 13e ; Uoqucfort. ' ,4-lb.
Jara. per dm. , I3.CO ; A'ounfr Aintilciu , 12c : twins ,
fancy , 11'tc.
Port/ritY Live hens , CfiOHr ; cocks. So ; tur
keys , re. old ducks , Co ; fprlUK chickens , IJtfHc
per | Htind. sprlnc ducks. iouio.
PiaiONS-Uve : , J1.00fl.:0 ; dead pigeons not
v.-Riited.
HAY New Imy , J5.W ) ; upland , t.VOO ; mldlnlid ,
Jl.f.O ; lowland , SI 00 : r > e straw , Jl 00 ; color makes
the prlee on hay ; IlKht t > nliv sell the best ; emly
top grades brlliR ton prices.
IIHOOM COUN llxlmii'ly * lo\r sale ; new
crnp , dellveied on track In country ; choice Kreen
self-working carpel , per H > . , 2'lc ' ; choice green.
running to hurl , 2lc ; common , l',4c.
CANTAMU'I'KK-per e-rate of l',4 dor. . J2.I.O.
KCa I'l.AXT-l'er doz. , II.CO.
TviMATiiCS IVr Mmskct ciote. 11.10.
crci'MUKIIS Per dor. . . 401 < 7,0o ,
NKW UNIONS Sotilhein stock , per lb. . Hie.
LIMA HKANK Per lb. , 4c.
llEANK-lland picked nnxy , per bil. . JI.40JJ1.M.
1MI3 l'I.ANT Homo grown , per 11 , . , Ic.
e'\f.lFI.O\Vl.il-rer ] : ilat , ! l < Mil.:5.
CAHIIAOi : lliinegrown , per doz. , l.O . Ce.
PllTATOlIS lilil potatoes , 30'USScj new , per
bu. . 40c.
Cii.iilY 1'er doz. . J.VtTSOo.
FllflTf.
CA1.IFO11NIA CHEUltinS Per hex , 12.00.
KTliAWIIHKIllKS-Oregon , Hood Itlve-r , per
S4-it. ( case , J2.7rTl.THi.
CUANIIKIUUES None.
IK1MI3 ( IHOWN CllittUlis-Per : lO-lh. basket.
755i S5c.
tiOOrtEKEnUIKH Per IC-qt. case. Jl.t-fl.
HliACKIIiitIus : : Prr 2l-it. | cn e , J2.WJ2.2r. .
lll.AClv ItASt'IlHUIlllIS Per 24-iit. van ; J2.75S1
S.PO.
lll.I'HIllIIlItir.S-Per l-qt. ( ! cafe. S1.Mn.75.
UKn HAKI'linilHIKS-Per 21 pts. , J2.00 ; 24
qts. , J3. "
CAI.IFOIINIA Pi\CIH-S iarly Alexander ,
jier tiov. JI.2. , .
CAI.IPOHNMA PU'MS Per box. JI.7r.fT2.00.
Ct'HUANTS-IYr lfi-qt. case , Jl.f.Osn.75.
SOfTlinllN API'LKSPer 'ii bu. box. r > OfiCOe.
HOt'TIIKIlN PM'MS-Per 2l-it. | cnte. 11.61) ) .
SOUTlinilN PKACllKS-Per ' .i bu. box , { T
7Sc.
TIIOPICAL KItUlTS.
OHANOiS Midlteriuncan sweets , KC , 1W. 176.
200. 21G. J4.5 t ; larger nnd smaller slr.cs. J4.2T .
I.H.MONS Messlnas , fnncy , J4.f.O ; chulcP , J4.00 ;
California Icn.ons , J3.DO ,
11ANANAS Cliolce larfio stock , per hunch ,
J2.OOJT2.23 : medium-sized hunches , Jl.50Jf2.IX ) .
PINEAPPLES Per crate of IHc to e\en doz. ,
JS.OOS9.M.
MISCELLANEOUS.
HONEY Fancy white , per lb. . He ; choice ,
13c ; Ciillfornla amber color , lOc.
MAPLE SYlUlP-Flve. sal. cans , each , J2.75 ;
gal. cans , per daz. , J12 ; > 4 gal. cans , JG.23 ; qunit
cans. J3.50.
ClDEIl-Clarlfled Jute ? , per half bbl. . J3 ; per
bbl. , Jii.
PIlESKIlVKS Assorted , 20-lh. palls , each , J1.40.
COCOA Nt'TS Per 100 , J4.50 ; each , Be.
FIQS Imported fancy , 6 crown. XO-lb. loxcs
14e ; choice , 10-lb. hoxiH , 3 crown. 9jlOc.
NUTS Almonds. California , per lb. , medium
size. I On ; Tarragona almonds , per lb. , large , 12'tc
IlrazllR , per lb. So ; English wnlnuts , p r lb.
fancy soft shell , Kc : me < llnm size. ] 0c ; filberts
P r lb. , lOo ; pecans , polished medium , tc ; large ,
lOc ; ppanuts. raw , 6ViCJ7o ; roasted , 7'Sc. '
'
DATES Halloween , per lb. , Oc ; f'nrds , 10-lb.
b.ixes. per lb. . 7c.
MAPLE SUOAn--rholce. per lb. . 8c.
IjrtKSSIjO MEATS.
IlEUF Good Klein400 to CIH ) Ibs. , Cfffix.c-
western fte i- . Co ; good cows and lieMfcrs" * ! ?
fie ; medium cows and heifers. SfiS'tc ; Kood
fuieijuiitters. cows und heifers. 3 iiPic
good ' ' ' forequurtcrs. native1 ste"rs , 4'iHvciimi
- "
nnd heifers. 7 A
mines , 3e ; rump butts , Co ; shoulder clods Cc-
fior.en , 4c.
MUTTON" Dressed lambc. EC ; ilrrared mutt"n
7c ; racks , lie : legx. Scj Raddles. 8c ; stews. ! c :
fheepplucks , 3c ; sheep tongues , per dor. . Sfc
PORK Dressed hoes. 4e ; pork loins , CUc-
ppare ribs , 3'ic ; ham FnusaKfs , butts ! < po"- | (
shoulders. 4 > Sc : pork phoulders. elclnneil. 4K.c-
pork trimmings , 3c ; lent lard , not rendered , 4'/ic'
HIDES AND TAU.OW.
HIDES No. 1 Brccii hide.Ic ; No. 2 Kreen
hldea , 2'4c ' No. 1 mlled :
. . . . l , : .1 I.I.In- green , ! / . . . X * . hides . . . . . , rUc . No >
calted , each , 23RWc-
green salted hhcnrllngs ( short wooled early nklne ) '
each. 15c ; dry Rhearllngs ( short wooled cnrlv
Bklns ) No. 1. ench , lOc ; dry shearling
( shor
wooled early skins ) , No. 1 each. EC- dry l n (
Knneaa and Nebraska butcher wool neli * n .r n ,
actual weight , 40rej dry Hint Kanrai nnd vp"
braska Murrain wool pelts , per lb. , notuul . . ' ,
Kite ; dry Hint Colorado butcher woo elts ilr
lb. , actual weight , 4ff.-c ; dry Hint Colorado
Murrain wool pelts , per lb. , actual welKht 3JI4t-
dry pieces and bucks , actual weight , .We- feet
cut off , as It Is useless to pay freight
n AT.ireT Av-n ni i-oi- -Tallow on . them :
, No. l , 2ic ! ;
HONKS In car lots , weighed nnd delivered In
Chicago : Dry buffalo , per Ion , J12.00fil4.00 : dry
country , bleached , per ton , HO.OiVfiij.iv ) ; dry
country , damp and meaty , per ton , ic.oos 00.
WOOIy Unwashed , file heavy , Gft7c ; nnf. light
6frOc ; qunrter blood , 10TI2e ; teedy. hurry nnd
chaffy. EjWc ; cotted and broken , coarse , 79c ;
celled and broken , fine , CflSc. Fleece washed
Medium. IBSflSo : nnf , 14flCc ; tub wished. ICf ?
ISc ; black. Sc ; bucks. Gc ; tag locks. 2ff3c ; dead
pulled. CffCc.
MiW YOU 1C CK.MHtAI , SIAltlCKT.
if ( In- Hay 011 VnrloiiM
CnmiiimlHIe-N.
NEW YOIUC , June 27. KI.Oril-Hecelpts , 14,000
bbls. ; exports , SMI bblH. ; dull ; Minnesota pat
ents , J3.3Jii3.tS ; Minnesota tinker * , J2 CCOJ.OOvln ;
ter strulgMu , J3.30iu-3.40 ; spring , low grades , J2.10
( (2.30 , Hyo Hour , quiet ; superfine , J2.SOffJ.70 ;
fancy , I2.70A2.IX ) .
COUN MEAL Dull ; yellow western , C7c.
IIAKLEY MALT Dull ; weMern , '
HYE Kiity ; No. 2 webtcrn , SiffS'Je.
HAKLEY Dull and e-nsy ; nvstrrn feeding , 32
{ f33c.
f33c.WHEAT
WHEAT Ilecc'lpts , 17.00 hu. ; spot weaker ; No.
1 hard. Gt'/ic. ' tiptlonn epi'ned ' btcady on flee
clearances for the nrek , unaller sprhiK wheat re
ceipts and rain In Ihe enulliwest , hut noon
yielded to locnl miHuInc und declined to n new
record price for the crop ; eluded at lic lower ;
NIL 2 .lime , closed at Clc ; Hcptember , C2 1-lCSi' '
( Stc. elm-til lit Kl'ic. '
COKN Itei-elpts , 10.'i,700 bu. ; eipoils , 11,003 lui. ;
spot iiulet ; No. 2 , 33UOptloiiH ! ( inner after
openlnn on local cuvrrlnir , but Inter nold off with
wheat nnd clohed unchanged to He loner ; June (
clored 33c ; Sepleniber , Wic , closed nt 34' e.
OATS Hei-elpts. 330 bu. ; exportu , 2SU bu. ; fpot
dull ; No , 2 , 22u. Xpot weaker , touclililK new low
records , rluhlnif partly Ho lower ; b'epteinber ,
" ' '
HAV Wi'ak ; slilpi'ilnir. 10.0006.M.
IIUTTI'IU Iteeelpts , 6.203 | ilKH. ; quiet and
slc-fuly ; wi-ntern dairy , ! i12c ; weetern creamery.
ll'4 TlD'4c ; KlKlns , ISiic.
Clliusi { He'celpts , f.20D , pkgs. ; dull ; large , CiJ
C ; c ; small. 0'.4(7c ; part eklm , 2j4ao ! ; full
t-klina , HS2c.
KdflS Itecelpts , 4.350 pkK . ! eteudy ; Unte nnd
IVnnsylvanla , 1H4 712' ' < , ( : western , lO'.iJiIHic. '
IIOI'S Ilasy ; slate , 1C ! ) crop , 2'/i < i3iic ; ] t,95
< rep , 3fike ; 1'aclllc coust , Ib'JI crop , I'M ' Me : WJj
crop. 3 7c.
IIIIis-Oulet ; Oalventon , llftllHe ; Ilurnod
Ayres. dry , ICc ; Texim. dry. 9e ; California , I3e.
l.l-JATHKIl Bteady ; hemlock hole , Iliienni.
AyrcM , lltiht to heavy weight , 19ff20u ; acid , IHO
I'hoVISIONH Ileef , quiet ; family , J8.M69.00 ;
l > ef haniH , W-MfiK.lO. Cut nu < ali > , steady : .
pickled bellies , 4H&4Tic ; ple-klrd Hhonlders , 4Uil
4'4 ' ; pickled hams , 'ific. ; . I.iird , Bteady ; west-
em sleum. J4.20 : rellnrd , lower. I'oik. ilull ;
family , Ji.7Milo.20 ! ; old to new mess , U.Welt.75 ;
short cle > ar , I'J.MVlO.t.Q.
TAI.LOW Steady , dull ; city , S'c ' ; country ,
oil.S Petroleum , dull : I'nlted closed t III.
Itosln. iiulet ; t-tnilnc.l. J1.70. Turpentine , ( | Ulet ;
2.riVif(26lic. ( Cotteinsceil o | ) , Inartlvu ; prime crude 3
2u i2lc ; off gradeB , isftliiu ; prime Mummer yellow ,
HICI } Klrm ; domestic , fair to extra. 3W Cc :
Japan , 4fl'/.c. '
MOI AHKHH Htendy ; New Orleans. 23037r.
MiTAMJ-PlK Iron , easy ; southern. I10.W I1.GO ;
northern , } 11.00S(13.W. Copper , llrm ; brokers ,
JllHc. lyfud , feteiuly , broKers , 13. Tin Platen ,
llrm.
Nt , I.oiilH ( ; ciu-riil MiirUelH ,
RT. I.OVIB , June 27.-KI.OI'Il-tInchangcd ; pat-
entu , J3.ilOQ3.40 ; extra fancy , | 3.00i3.1 ( ; fancy ,
J2.Wfi2.CO ; choice , J2.30 2.r,0. p.
Wlll'JAT Tlic speculative market advanced
early In sympathy with higher price * cUewhere
and on scanty local nfferlnKS. I.nier on t-ome
i-elllng hy longH and more prt-Hnure. hy the be-ars ,
the market declined and Ihei rluiie MBH at the
iKittom , Ixith for the day und Ilin week. Hpot
dull und loner ; No. 2 led , cimh , elevator. Mi (
KVtc ; truck , G7fJ7'ia ' new ; CuflWiO ( dd ; No , 2
hurd , fCc- hid ; July. r,3c atked ; AuguBt , W.ic bid ,
Brptember. S39te hid. '
COUN In futures the market suffered a further
decline and wait henvy and weak almost all thr
resslon , the clone | K'IIK | ' / helow yenlerdiiy. Spot
dull and lower ; No. 2 mixed , e-uuh , Kiic ; July ,
25Uc hid ; Hcpli-mU-r , 2CVt (2Ci.ic.
OATS Futures ea > y und He lo > ver. Hpot dull
and luuer ; No. 2 mined , cnnli. l ; c utkrd ; July ,
* ) * ; ; August , MV.c uhked ; tjeptember , He , .
ItVK l > iner ut 30c.
COltN MKAI < ll.CO ,
HIIAN Firm ; Xia sacked east track.
FI.AXSiivl ) tulct ut 705c. !
' .
I'UIMISTIMOTIIV-13.
. . ,
HAY Imll ; offerhiK of poor Block plentiful
and better grudeu scarce ; prairie , new , 17 ; old ,
17 ; timothy. Jc.oofflS.M , thin side.
1'Ol'l/rilV I'lichttiiKed ; chicken * , old. CMc :
rprlng * . lOe , ilui-kH. old , Co ; uprlnun , He ; tee-to ,
filngn. | ) f > $ | Ce
Ill'TTl.Kak , creamery unchanged ,
IXiOH- steady ut 7c ,
WUI8ICV-n.2J.
OMAHA I LIVE STOCK MARKET
Lends All Other Packing- Centers in the
Supply of OiMlo ,
DEMAND GOOD AND PRICES ABOUT STEADY
Hun ( of UOKN SliiiuN a Kntllim On4 , lint
OilJicat Itulk of flu ;
Sllll' * SIllIMM \ < t
CIlHIIgC.
SATUUDAY. June 27.
Cattle. Iioira. Sheep. Horses.
Juno 27 uwi fi.o.Vi ics . . . .
Jlllio M 1.4M ( l.MH 43 43
.Illllc 2 < i 1.SSI B.CsYl 2tM . . . .
Jlllio .M Ipt3 ; 7.050 IOC . . . .
Juno 2.1 j,7fii 4G'3 i , : xi . . . .
Juno 22 : cs 1,1.u
Juno 20 1,050 MS ? K > : st
JUIIO ID 1.42J 10..S51 M.'I
Jlltio 18 1,73. ) O.tSIU'IS G3
Tlio olllclal number of earn of stoclc
broiiRlit In today by each road was :
Oattlo. llos ' Sheen.
O. & St. 1 , . Uy 2
Mo. I'aolllo lly , 3
' ' " "
Union i Paellle/'s'vstoYiii i. . It !
H.O. i . M. I ! . ft. * ' *
O. . II. Q. lly 5i
C. H. I. .V 1' . lly. , e'ast. . . 5G
( ' . U. 1 , fc P. Hy. . i
C. , St.K . P. . M.'Jt'b. Hy. . . . G
I K , fc Si. V. H. U. . . . . . . " 0
Total receipts f,0 M 4
The disposition of theday's receipts was
as follows , each buyer puto.lwsInK' tltu num
ber ot head Indicated :
Huycrs. Cattlo. Hogs. Sheep.
Omaha 1'acklng Co l.hVi . . . .
TinO. . II. llammoml Co 153 la !
Swift * Co nn i.fHM
The ) CllUahy Packing Co 'WO LOTS MS
H. Meeker xnegan ,10
W. 1. Stephens a ; !
llenton \ t'nderwood. . . 172
KainnitiMil , from 1C. C. . . 47
Other litiyorH (13 (
l.eft over coo . . . .
Total "lii (5,517 K3
CATTU-J The pllnclpal inarketH of the
country wore pootly .tupplied with cattle.
IIH usual on a. Saturday. Otaalm had only
l.ttQ lu-nd , hut that was moro than any
other market hail.
The most of the cattle hero were corn
fed beeves of good average' nuallty , anil
some ; of them were very prime. In addi >
tion lo thu fat ealtlo there wasi a e-un-
sidcrablo sprinkling ot butchers' stock ,
fcedelH , etc.
The market did not show much ehaiiRo
as compared with yesterday , values bcliur.
just about stationary on all grades. The
demand was good and the market fairly
active so that a reasonably parly clearance !
was effected. Owing to the good ipiallty of
the cattle the sales showed up well on
paper , $1.10 and JJ.Iii being paid for some ,
and one hunch going as high as fl.30 , the
best price HO far this season.
Only about live loads of cows and hclfera
were on sale , and while the offering * were
small they were larger than em a good
many days. The n arket was Just about
steady , with no new feature of any Im
portance. Everything In the line of
butchers' stock changed hands early.
There were a few storkers and feeders In
the yards which went at just about steady
price's. Some -
opeiatot-H on the market are
looking for a much better demand for stock
cattle after the western range season opens.
Ihoso who have canvassed tlio country
both cast and west , llnd lhat there are no
young cattle of any consequence on hand ,
and all feeders are wanting them. U la
predicted that there will be a large demand ,
as soon as enough cattle of this class como
to market.
The cattle market of the past week has
been decidedly In buyers' favor. In tlm
llrst place the demand has been good anil
all arrivals have met with ready sale at
ruling prices. As to values , there him been
a decided Improvement. No phenomenal
advances have been scored on any one day
hut there has been a gradual upward ten
dency , each day's market a little Htrongeir
than the day before. At the close of the
week : values on desirable grades of beoC'
steers are fully 10Ci20c higher than at close
of previous week.
HOtlS-The lower prices prevailing during the
two daj-H past evidently hail something to do
witli the fulling off. In the receipt * today , which
ere thort of last Saturday's reeurd by o\er
3,000 head , btlll there was a fair axeinre ran
The market was nut very iicthe , and still Iho
most of the hogs sold In reasonably ioud se-ason
As to values , the market was rather uneven In
Instances , some salesmen reporting the market
IIH strong at the opening and others barely
steady. AH to the close , all were agreed that
It was easier.
Tlierc were no choice Unlit hogs here today to
compare with the J3.20 hoes yesterday , so that
on paper thu market lonked lower. Much as were
here ild at ! : ! . H'ii3.lri ' , and hogs of the same
weights did not bring any more yestcid.iy.
Taking the market IIH a whole. It would not
show much chunce either way from yesterday.
The great bulk of all the IIOKU sold at J2 ! iui3.M.
The lion market of the past week has he-en
in fairly satisfactory condition , the Mipply anil
demand being Just about equal. lions , hntli
heavy and light have hold freely all the week
at prevailing prices , nnd operators ha\e found
ready sale on the market for nil offerings. The
week opened nt the low point \\lth I lie most or
the IIOKH helling at J2.M , hut nn Tuesday It took
Jump of about lOe , which carried It to the high
est point reached during the pe-rlod under re
view. The tendency of the mniltct from Tuesday
until the close of the week was Kradually down
ward. Values today arc back Just about where
they were a week ago.
SIIKI31 * There were four double decks of Idahn
sheep here today , the llrst western Krasn sheep of
the teason. The demand wa good and the offerIngs -
Ings were picked up < | Ulckly , at a strung price.
CHICAGO MVI3 STOCIC MAKICIiT.
Ueiiiiiml for \VeIl I'Vil CullliCiml Imie-H
( o ImproveDull } - .
CHICAC5O. June 27. One of Ihe noteworthy
features Is the Improved demand for heavy cat
tle that have been well fed. They cell from (4.20
to J4.DO. The mpply of corn-fed cattle , It hi
expected , will he considerably smaller during Iho
next three nr four months and not more than
one-third of the dlstlllery-fed cattle remain lu
be maiketed. l-'orelKii muikctH continue low , a
further decline In prlcen having taken place thU
wt-ek , and , while exporters nre buying freely ,
they are not paying top prices an u lule.
The hog market WIIH active today to the extent
of the mipply. Hales were made at je'slerday'H
ranee , lie-nvy lots nitnln ruling weak. Sales were
nt from J2 > 0 lo J.1.2S for heavy , J3.tt tu f3.35 for
medium and mixed ami { 3.25 and t'l M for mixed.
Heavy weights fcold largely at from (3.10 to
$3.15 , medium bt from I3.iri to (3.2. > and mlxeil
ill from } 3 20 to J3.35. I'rlcea are a shade lower
than a xveek IIRO ,
The shei'p trade closed active at rullnB prices ,
sheep and lambs ruling ITn- lower than a week
ago. Choice lloeku have been selling well. KlK-er *
closed at from 11.75 to S4.IB , with Texaim ut from
(1.7.1 to (3.C1J. l imba huvii vuld nt frnni 12.75 to
IG.CO , the beet being lOc hlKher than last \veck.
Itecclpts : Cattle , 100 hcadj hogs , 1"XI head ;
nheep , [ ,000 head.
iH City l.lvc Sloe I.- .
KANSAS * CITV , June 17. OATTI.1I Hecelpts ,
100 head : f > hlpmentii , l.TuO head. Market iia-
change'd ; not tnoiiKh supply to make n market ,
JICKltJ HecelplH , ti.tM hcud ; nhlpmcnt > , l.COO
hrnd. Market steady ; hulk of sales , 13,13 ;
heavier , 12.Wl3.10 ; packers , I3 , ( { < 3'j. : mixed.
I3.1fH/3.2'i : ; ' ; llcht , M.lSfr3.324 ! ; Yorkers , i3.20U >
3.32' * : plKK. J3.IMl3.30.
HIIHI2I' HecclptH , none ; chlpmcnlH , CC'O head.
No nmikct.
Sloi-U III
Itccord of receipts ut the four principal mar-
keti * for Haturduy , June 27 , Ifc'jG :
Cattle. Hogs. Hheep.
South Omaha 1.42C n,741 43
Chicago 4KH ZCWXI 8.MO
KunmiH City 4fOO 13.100 1,800
.St. l.oulH 3,000 7.100 3,00 (
TolaU 13,020 K.SI1 12,843
St. I.lllllH I.IVIStlllI. . ' .
BT , I/UIH , June 27. CATTMJ Hi-eelptH , 500
head ; market steady , hut dealing \ery light on
account of riuall kupply ; prices unchaimed
HOOrt Ileci-lit | > . 2,1X10 head ; maiUet steady ;
light , J3.20 3.3J ; mixed , J3.0U&3.20 , hea\y. (3 10'ip
30.
30.HHI3IJP Hecelptii.,000 ( head ; market steady }
natlveu , J3Hi&3.tO ; Teiuns , '
ColTee .llnru
NK\V YOUK , Junu 27.-
openeil quiet and unchanged t" * > pulntii lower ; N
iifleiwunl Mild off on distant dellM-ron owl UK' lu
realizing and cloffd quiet i lutijoc nilvnncu
n near und M/ISo di-cllno on late inuiilli * ule ,
G.MIO baiiH , IriflinllriK June at JI2 ' Hep- tJl
tember , IIO.7flidO.fcO. H | it coffee. Hlo. dull :
Corduvli , ICjilliHc ; sales , i COU Imitit MararallKi
. t. ; l..O bugH riaranllla p. t . 20U IIUKH Ceiitrul
American p. t. ; total warehouse deliviTieH fruia
tlm I'lilled Klates. K.C70 biius , Im ludlng U.3WJ
ImgH from Ntw York ; New Vork l ck loduy.l
i.WS bags ; railed Hlatm iloi'k 213.2i bugn ;
nikuit for the I'lilled HlaU'H , 131 W)0 ) IIIIKH liitul
vlHlbtc for thu I'lilted Htutes , 317fc i buo , liKiilrnt
4J6.27 * I'UK hitt liar.
HANTOH , June 27.-U"l . K < md average Han-
IUH , 111.00 ; receipts , fi.OCO baK . Klock , 113,000
IIAMIII'llfJ. June 27. Hteudy und unchanged ;
SUleH fc.i ( < K > b.'lKS. <
HAVIII' * , Jim" n.-Kloniljr utif ndvunce , at
noon closed uin-liiuiKO'l ' ; sales , 11,009 hugr
UIO. June -KU-iiily ; Nu , 7 II ICO reu ex- ,
rhunge , 15-161 ; receipts , 9.000 bag * , cleured forj
Ihe I'lilU-d Htuleu , 7.0W ) bugii , cleared for Kuroj s
C.OOO buKH ; eteick , 121,000 bug .
JAMES E. BOYD & CO.
Telephone ! ( > ; { ! ) . Omaha , Nub.
COMMISSION
CRAIN , I PltOYISlOKS : AND : STOCKS
111H , Hoard of
Direct wim to ClilcaiEO und New York.
John A. Warren tt C * ,