Nebraska Newspapers

    TPIE OMAFIA DAILY REE:
MONDAY. MARCII
n. 1005.
PATRIMONY OF OUR SCHOOLS
Dangerous Tendency of Bills Affecting
Bcbool Lands of Net rack a.
FEATURES OF PRESENT POLICY EXPLAINED
Am InpurUit lllaraulon of the Half
Jeet of Preserving Ichool Lands
tor the School and School
Children.
Several bills pending In the legislature
affecting the public school land of Ne
braska, brings from the pen of lion. A. E
Sheldon, former member of the legislsture,
S6 forceful defense of the present law and
the policy of preserving from sale property
dedicated to the public schools. In a letter
to the Lincoln Journal Mr. Sheldon says: j
Half a (lose 11 different bills calculated to
gradually undermine the present school
iHnd system of Nebraska have been Intro
duced at the present session. There has
been no publlo discussion of the tendency
of these bills. It seems to me of vital Im
portance that the people of the state should
consider that tendency and the general
school land policy of Nebraska at this time.
The legislature ef 1397 made a radical
change in the system of dealing with the
school lands. The bill wnirh made that
change was drafted and Introduced by my
self, after eight years, of personal agltar
tlon of the subject In the newspaper press.
The chief feature of the bill forbade any
urther sale of school lands and provided
exclusively for their leasing In the future.
The bill passed the house with only nlno
dissenting votes and the senate by a vote
of 11 to 9, with five absentees. With some
amendments to the details of leasing (In
corporated Into the law through the efforts
of Senator Reynolds of Chadron In the
legislature of 1899) the act of 1897 has out
lined the general school fund policy of this
state for eight years. A more efficient ad
ministration of the law In the public Inter
est than formerly hns accompanied the
change made In the statute, I believe that
the present law and the present administra
tion (with si me very slight changed I shall
mention) are for the Interest of all the
school children of Nebraska born and un-
i. i , .
mm. wwn-Tuiu uukui nut iu ue unaermineu.
Let us briefly consider Just what the
wtchool land question la. The United States
guvs ins peopi oi me stats or Nebraska,
in round numbers, 1,000,000 acres of school
land. The express condition of this gift
was that -tha principal represented by this
land should never be spent, but be held
Intact forever, using the income as a fund
to educate the . chlldron who should live
upon thess prairies. Under the land law
as It existed prior to 1897 about 1,000.000
;, acres, In round numbers, of this children's
n.f . t. mram mlH A hnut 1 r. ftfln nm ha. m To
been received from these sales and about
$2,000,000 mors will be received, making 18,-
000,000 altogether. This money, In time past,
has sometimes been Invested In securities
for the benefit of the children's school fund
It has sometimes been kept, unproductive,
in banks for the benefit of the bankers and
the state treasurer. It has sometimes been
stolen In part . It ' has sometimes ' been
loaned to the state's general fund pocket
to pay state expenses. But all the time,
and under every administration, the In
vestment of that part of the permanent
school fund which has been turned Into
cash has been accompanied with difficulties
and often with scandals. There Is likeli
hood that In the future, when the state
pays Its debt of 12,000,000 due to the chil
dren's school fund, and the other millions
row outstanding on contracts of sole are
paid In, there will be Increasing difficulty
to properly and profitably invest this chil
dren's money. - ; 'I "
. Foaad Hard to Manage.'
The difficulties and danger la the path
of a proper Investment of this money were
fully seen, and debated In the legislature of
1897. The state had Just had a series of
burning object lessons In the maladminis
tration Of these funds. The purpose of the
bill to stop any further accumulation of
funds- from the sale of school lands was
ftuiy stated, and members of all political
parties joined In an overwhelming vote
for the ne- Alcy.
The puti4bf the act of 1897 definitely
Stated In explicit words -was to stop any
urther sals of school lands with soma
rifling exceptions for cemetery and church
For the first four years the law
was administered on the theory that none
could be sold and that all lands then under
lease must be held subject only to rental 1
so long as the statue was not changed.
Four years ago the attorney general ren
dered an opinion that the lands held under
lease by lease contracts executed between
j 1879 and 1897 could be converted: at the
option of the lease holder Into sale con-
i Uifv'acts. The legaj question presentee, nas
never . umit iiimii www.i.ww .
. of last resort, but acting on this opinion
' the department has permitted these lease
holders to, buy.
The commissioner of publlo lands and
buildings In his report for 1903 states that
there are 489,196 acres of school land held
In 6.000 different contracts, that are capable
of being converted Into sale contracts and
ultimately Into deeds under the attorney
general's opinion. This leaves. In round
numbers, 1,600,000 acres of school land which
cannot be sold. Shall we sell this land and
try to Invest the money, or shall wo keep
.he land and collect Its rentals for the
benefit of tho school fund? The whole
. broad question, of our future policy is
raised by the bills at present before the
stats legislature. Several of these bills are
special bills, permitting the lessees of cer
tain specified tracts of school land to buy
the same from the. state'. One of them is a
innch broader bill permitting the lessees
of. all school land who hold leases prior to
May 241 1879, to purchase their lands.
(taeettoB of Sale.
The question of selling the school lands
held under this last class et leases merits
a brief separata dlscusslpn. These Jandi
lie In the best agricultural part of the
state and are very valuable. , The old form
of lease under Which they are held con
tains no provision: for Its conversion into
a sale contract. They are, therefore, out
side the benefit of the attorney general's
opinion relating to those who secured
leases between 1S79 and 1897. The best
statement of tfcelr case, perhaps, Is that
made by Commissioner Follmer In his last
report, now In the hands of the printer.
He says: - - -
"In the year 1S9I a bill passed the legis
lature taking' from the market the unsold
lands of the state, but the law under which
lease contracts were made since May 2ft,
1879, and the taking effect of this law in
July, 1897, gave the lessee the right to sur
render lease contract and to taks In Its
place a sale tontraot upon complying with
certain provisions and upon the appraise-
. . fc. a . A. ,.k .1,,. 1.
f-1 1 V.. . w. w,w .fcft ... t.'Uli A IIV law
of 1897 could not, of course, abrogate this
provision. I find a number of contracts
were Issued prior to May 2s, 1179, and under
the law which was hi effect at the time
these leass contracts ware entered Into,
the right to purchase by lessee was not
given. It seems to me to be Just, under
the circumstances, 1 that the legislature
should make some provision whereby these
old lease holders might purchase the lands
held by them as lease contracts for so long
a time. They hve lived upon this land
for a quarter of century or more, bavs
bullded homes and placed valuable lm
. i provementa thereon under the Itnpreeaiou
J that they had a right at any time before
their contract expired to surrender the
lease contract and obtain a sale contract,
upon which deed would ultimately Issue.
"Inasmuch as these . lessees were plo-
' purposes.
V
neers of the state, and did so much to
ward Its material development. I fully
trust that a bill be passed by the com
ing legislature removing the restrictions
upon all lands held under lease contract
prior to May 26, 1879, thus putting these
old settlers on an equal footing with those
tliut took out lease contracts sfter May
26. 1879."
There Is no contention by Commissioner
Follmer, nor by anyone else, that It Is
to the state's Interest to sell these lands.
The argument Is that It is for the Interest
of tho lessee. The question, then, Is
whether the state should legislate for
the general benefit of the public or for
the special Interest of the holders of these
lands. There Is no doubt that a sympa
thetic Interest may be felt in the holders of
these leases who desire to purchase. The
same sympathy must arise In the future
wher ever any holder of school land leases
shall ask the privilege of purchnslng his
lands. Was It not Congressman Timothy
Campbell, of New York, who asked If "tho
constitution ought to stand between a man
and his friends?" Ought the public In
terest of the great state of Nebraska to
stand In the way of selling Its school lands
whenever the renter desires to purchase?
If tho present bills are passed we may look
with absolute confidence to the future for
the passage of more bills of the same kind.
Will there be Justice In refusing to amend
the law In the future for the benefit of
would-be purchasers? Shall we have a
state government without discrimination?
And If one renter of school land Is given
the right to purchase, why not all?
The Future Policy.
I have been at some pains the past week
to talk with members of the Board of
Educational Lands and Funds upon the
question of the state's future bind policy.
State Treasurer Mortensen, for whose gen
eral administration I have a higher regard
than for that of any previous state treas
urer, takes the bold ground that the state
ought to sell every acre of Its school land
nnd gives his reasons therefore. I do not
think I. can render the publlo better ser
vice In this discussion than by stating as
fairly as I can Mr. Mortensen's reasons In
his own words. He says he favors the sale
of the state school lands.
1. Because to keep them means to make
a permanent class' oT tenant farmers In
Nebraska, which Is antagonistic to the fu
ture welfare of the people.
2. Because most of the lands In the east
ern part of the state have already been
sold and to retain those In the western
part tends to prevent the development of
that region.
8. Because the counties and school dis
tricts whero school lands are situated are
deprived of local taxation upon such lands,
while the rental from them goes Into the
state treasury anil Is distributed over the
entire state.
4. Because It will be better for the state
to use the large fund which It will have
when all the land Is sold In making loans
to farmers and others - upon real estate
security, - thereby keeping down the rate
of Interest In Nebraska. This will require,
of course, an amendment to the constitu
tion, but Mr. Mortensen believes that will
to accomplished In time.
The Tenant Question.
Those .reasons doubtless represent the
bulk of the argument for repeal of our
present school law and deserve some con
sideration. Upon the first proposition, the
creation of a permanent class of tenant
farmers In Nebraska, I have some figures
to offer from the United States census of
1900, which are of interest otherwise than
their relation to the school land prob
lem: 1880. 1890. 1)00
Total farms, U. S. .4,008,907 4,564,611 6.71)9,657
Number rented ....1,024,601 1,294,913 2,lK6,2Mi
Per cent rented.... 25.6 28.4 36.3
bruHs'cco
Total farms 68.387' 113,608 121,525
Number rented .... 11,424 , 28,0ti3 44,810
Per cent rented 18.0 ' 24.7 36.9
Kansas:
Total farms ........ 138.661 166.617 173,098
Number rented .... 22,651 47,041 60,926
Per cent rented.... 16.3 28.2 35.2
Illinois:
Total farms 256.741 240,61 264.151
Number rented 80,244 81,833 103.69J
Per cent rented 31.4 34.0 39.3
New York:
Total farms 241.058 226,223 226,720
Number rented 39,872 45.761 64.203
Per cent rented .... . 16.5 20.2 23.9
Georgia:
Total farms 158.626 171,071 224,691
Number rented 62,175 81,694 134,560
Per cent rented 44.9 63.6 69.9
Examination of these figures will, I think,
convince anyone that the class of tenant
farmers Is rapidly increasing all over the
United States, and from general economic
causes which any school land policy in Ne
braska cannot alter. If the Nebraska
school lands are sold a large part of them
In the not distant future "will be farmed by
tenants. The only question, then, arising
upon this point Is whether the state shall
hold the land and receive the Increase In
land value or some private Individual.
Regarding the second point raised by Mr.
Mortensen, it may be said that a wise ad
ministration of the school lands by the state
will not prevent the development of the re
gion where they are situated. Some of the
most valuable landed Improvements of the
world are made upon rented real estate.
Our present law fully protects the renter In
his Improvements. The only change that
should be made In our administration is one
that would keep the appraisement of school
lands so that the annua! rental will be Just
a little lower than the rental of equally good
lands held by private owners, and the rentals
should never be raised on account Of the
value of Improvements. This would keep
the lands constantly rented and be an in
centive to continual Improvement.
Respecting the third point It certainly Is
true that the districts where school lands
are situated are deprived of local taxes
upon them. Doubtless they do nut get back
In the state apportionment as much as they
might raise now by local taxes on the land.
Between the general good of all the school
children In the state and the particular
local good of some districts, which ought to
govern the state's policy?
Money Lender or Landlord f
The fourth point Joins the general Issue:
Is It better for the state to be a money,
lender than a landlord? One or the, other
It must be to fulfill Its trusteeship iof the
children's school fund. When all the school
lands of Nebraska are sold there will be In
the neighborhood of 120,000,000 permanent
school fund to Invest. Suppose the consti
tution Is amended, will it be easier, safer
and better public policy to loan it on real
estate than to collect the rent from the
land? Would Its Income as loanable funds
Increase faster thun In the form of real
estate, In the lace of the economic laws
that-social progress Is everywhere accom
panted by a rise In land values and fall In
the rate of Interest? But everyone knows
that the amendment of the Nebraska con
stitution is one of the things on the hazy
horison of an unknown future. Without
an amendment to the constitution, and with
prospective payment of the state's floating
debt Is It wise to break Into the present
school land policy and pile up a larger
fund to find Investment?, '
Here are the figures showing the yearly
rental collected by the state of Nebraska
from Its school lands: 1879. (116,160; 1894, (92,
578; 1899, 197,600; 1900, (122.484; 1901, (117,(44;
1903, (126.063; for 1903 and 1904, (312.430.
GRAIN AND PRODUCE MARKET
East and Weit Lining Up for Eattle
in Cora Pit.
EUK0PE MUST BUY THE AMERICAN CORN
Argentina. Practically Ont of fori
Sltanttoa anil Foreign Stocks
Decrease Maovr's lleport
Item I Kill Moaila.
uilAilA. Match 4, 1!.
The speculative m-iti was .ciy uuu tins
niutii.iia una tne. veie oiuy i i.m.teu
laniuet Oi l ues '1 lie Ma, witai uiu
Uoiliiiig in Y'i-M iflar and iivsed tne m
aouuL hfg ceii... lovtcr limn n cioeu iu.
hc-et. Alio muy torn was iubul-i.
v.e miner week, out inu loie.gn maiike.
has no tltict on me. lo.oi situation. B.iow
ooI l ti.a iiul L-uiuH uut t riuaj evtiuiiK, as
auiicipuiwu, aim will lie puuiielKd now o.i
iviuiiuaj. i.iooinnau estimates ihe o.Ijs
Hlleui HhipIlltlilD lor Hie week al ,ju,waj
oushels. oi which turooe lo-k about ,mw.-
ouHiiein. Hit Aukliauan niiiimcnls wei'd
l,8 0.oio oush .1, g.l..it IiaS.av ousueis uu
pieveuing toci-K aim uusueia iai
ear. 1 lie urimarv i-i?ceiuL ol wiieat aie
440,000 buHhem, ugainsi iw4,oo bushels last
year, and tue siuuinents were .:,u"0 ousti
ih, Hgauist H.iAv busnels last year.
Itie east and wtst uupear to ue lining up
in the coin market loi a row. The uaiva
ciowu, which lias made so much money in
the sio.k market mid In at piesent ro pn Di
luent in tile Wllt-at hliuatlon. lias nuW a iuie
cu long May corn estimated Horn u,"Uim
to .ti.iMUiiu uuxnels. Tory nave aiways lost
out heretofoie In coin ueals, but are said
to be set on winning out tills time. 1 ney
are using the arguments ana lisures which
they used in ihe.r lad campaign when wiey
eliueu to tno oaU III Deeeiirjv-. mil. 1 ney
teiieve the crop is short everywhere but n
Nebraska anu Iowa and expect me rejioil
of March 10 to chow it. Against thtm aru
the Armour interests ami the iniii.n t.un
wistern corn men. Armours evidently saw
the meaning of the eastern purchases some
time alio and for several weeks have hud
their mixing and drying houses busy tim
ing out contract corn. This is now comli g
oui oi private houses in small mo..nl.,
but will be a verv imnortant source of con
tract grain towsrd May. The Chicago cash
men the amount of contract gram tnat
can be delivered by the end of May. will
only bo limited by the storage capacity,
tne numoer oi cars avnnanie to tiring in tne
grain and the weather conditions. They
point out the last crop was very largely
contract, thus differing from the preceuing
one.
T he corn trade has been cautious of late
days, fearing the change in rates, and corn
is only being bought now in Nebraska, and
that on seven-day orders. Buyers are
careful not to get grain where there may
not be cars enough to carry It out before
the end of tho month, when the rates go in.
ihe Atlantic Is bare of corn, but enouKh is
at the gulf and headed that way to supply
export Uemand at the present rate of 3.00J,
000 or 4,tW0,MJO bushels a week until April 1.
Europe has not be bought much corn since
January, evidently feeilng it should get a
part or tne auvantage ttirougn low rates.
The advance in the corn pit, however, has
prevented this. LIveiDool will soon have to
advance, ns holdings are reported as de
creasing rapidly. Argentina is practically
out of the market, so It must come to the
United States and advance to the local
market. Liverpool spot advanced today 1
cent. New York worked fortv loads for
export today. Only twenty-nine losda were
actually shipped during the week, wh;le
the Liverpool demand is for eighty loads.
Tho clearances today were 335,000 bushels.
Omaha Cash Prices.
WHEAT No. 2 hard. Sl.0Sai.06: No. 2
hard, 98rft(1.04; No. 4, hard, 8(X(r95c; No. 8
spring, $1.05. '
CORN No. 2, Uc: No. 3, 44fie; No. 4,
43Vi444c; no grade, 39fi43c; No. 2 yellow,
44Vc: No. 3. yellow, 44V:; No. 2 white, 45e;
No. 3 white, 45c.
OATS No. 2 mixed, 30c; No. 3 mixed,
29V4c: No. 4 mixed. 2!lc; No. 2 white. 31c: No.
3 white, 30Vic; No. 4 white, 29ic; standard.
Carlot Receipts.
Wheat. Corn. Oats.
Chicago 30 410 143
Kansus City 82 39 s
Minneapolis 282
Duluth 11 ' ..
St. Louis 41 38 37
Omaha 26 - 238 4?
Minneapolis Wheat Market. -
The range of prices paid In Minneapolis a
reported by the Kuwurds-Wood company.
mo-ill uoara oi iraue.
Commodity. Open. High. Low. Close.
Wheat I 1
May 1.13 1.14 1.13 1.18
July 1.10H 1.11 l.UKS Ml1,
September ... 9Z4 n 92 92TB
B bid.
HEW YORK (jK.VERAL MARKET
(notations of the Day on Various
Commodities.
NEW YORK, March 4. FLOUR Re
ceipts, 14,231 bbls. ; exports, 9,985 bbis. ; mar
ket, steady but quiet ; winter patents, (5.50
&5.SS; winter straights, I5.25&5.40; Minne
sota patents, t3.9tcuti.4o; winter extras, (3.65
44.30; Minnesota bakers, (4.20(54.60; winter
low grades, t3.46ifr4.10. Rye Flour, quiet;
fair to good, (4.36U4.70: choice to fancy,
(4.75i4.95. Buckwheat flour, quiet, per 100
pou nils, $2.0oi2.10.
CORNMKAL Firm; fine white. Cl.SBtfl.DO;
coarse new, (1.10; kllnvdrled, (2.90(3.10.
RYK Nominal; 80c.
BARLEY yulei; feeding, 44Vic c. t. - f .
New York; malting, 46((i52c c. i. f. Buffalo.
WHEAT Receipts, 3,9ot) hu.; exports,
27,548 bu. Spot market, steady; No. 2 red,
nominal elevator; No. 2 red, (1.21 f. o, b.
afloat; No. 1 northern. Duluth, (1.23H f. o. b
afloat; No. 1 hard, Manitoba, (1.104 f. o. b.
afloat; big Australian exports, prospects for
liberal world's shipments on Monday and
lower cables prompted an opening decline
on wheat today. A rally on bull support
and higher northwestern markets followed
and the market closed steady at a partial
',c net advance. May, (1.14 3-lai.HS,
closed at (1.15 ; July, (1.02 13-1601.03. closed
at (1.02; September, 93r(i0ic. closed at 94c.
CORN Receipts, 172,0uO bu.; exports,
195,446 bu.; sales, 50,0u bu.; futures, 32.0U0
bu.; Bpot market, firm; No. 2, 68c elevator
and 64c f. o. b. afloat; No. 2 yellow,'64c;
No. 2 white, 649ic; option market fairly
active and firmer on higher cables, closing
c not higher; May, b(itui:, closed ut
E4Vic: July closed at 54V4c.
OATS Receipts, 109,600 bu. ; exports, 1,685
bu.; spot market, steady; mixed. 26 to 32
lbs., tfidfusc; nuturiu wnite, u to a ids.,
StiCtfCOc; clipped white, 36 to 40 lbs., 3bVsW
41V4o.
HAY Firm; shipping, 6570c; good to
choice, 82,(liM0c.
HOl'B Quiet; state, common to choice,
1904, 274lc; 1903, 2f(ir28c; olds, H4jl3c; Pa
cific coast, 1W4, 27(uJoc; 19u3, 24'u-Tc; olds,
llti 13c.
HIDES Quiet; Galveston, 20 to 25 lbs.,
ISc; California. 21 to 26 lbs., 19c; Texas, dry,
24 to 30 lbs.. 14V4C.
LEATHER Steady; acid. WSQRc.
PROVISIONS Heef, firm: family, (12.00
13.00; mess, (9.KKuW.60; beef hams, (22.00'fii
23.60; packet, (ll.Oixij 12.00; city extra India
A Joke oa Him.
"Awfully dull and monotonous out this
wsy. Isn't It?" remarked the tourist who
had alighted to stretch his legs at a small
station.
"Not always." replied the quiet rustic.
"By Heck! This country'll be stirred up
puny consid'ble 'round her In a few
weeks."
".You don't say? Riots?"
"No; spring plowln'." Philadelphia Press.
Bee Want Ads are the Best Business
Boosters.
mess. (16.0lKiil8 00. Cut meats, steady; pick
led bellies, (7.00(87.50; pickled shoulders, (6.00;
pickled hams, (8.60)9.00. Lard, steady; west
ern steamed, $7.2o; refined, steady, conti
nent. 17.30: South American. (7.76: com
pound, $4 87 Wi! 6. 25. ork. steady; family, (14.00
fc.16.00; short clear, 13.0ta 15.25; mess, (12.75
t13.50.
TALLOW Firm; city, i; country, 40
4c
HICE Firm; domestic, fair to extra, 2
6V,c; Japan, nominal.
EOGS Market unsettled; western firsts,
a.r; western seconds, 25c.
RIIQAR Raw: Market firm; fair refining.
4c; centrifugal, 96 test, 5Hc; molusses
sugar, 4c- Refined: Market steady;
crushed, tt.ibc; powuerea, e.ioc, granuiutea.
6.06c.
CHEESE Firm; state, full cream, small,
colored and white fancy. 13c; state, line,
13'ie; state, late made, colored and white,
nuor to choice. 10ffl2.c: state, larse. col
ored and white fancy, 13V; state, fine,
12, 013c; late inaae. coiorea ana white,
nonr to choice. 9iai24o.
HI TTTER Irregular : street Dries, extra
creamery, skbsivsc. uraciai prices: cream
ery, common to extra, 26531c; creamery,
held, 263ic; state, oairy, common to extn
24U29c; renovaiea, common to extra, ai
?7r: western factory, common to extra. 3ti
POULTRY Alive, dull; western chickens,
12c; fowls, 14c; turkeys, 15c. Dressed, weak;
western chickens, 13u 14c; fowls, Mj12c ;
turkeys laysic
Mtlwaakee Orala Market.
MILWAUKEE, March 4. WHEAT Mar
ket steady; No. 1 northern. II 15W; No. i
northern. II. 1.13; May, 1115?,, bid. -
RYE Stronger: No. 1. 8iiHtWc.
BARLEY Steady; No. (, 61c; sample, 3S
boc.
CORN-Flrmer; No. (, 45,Q46Hc; May,
s'(a. ota.
Philadelphia Prod nee Market.
PHILADELPHIA. March 4. BUTTER
Quiet- extra western creamery, KV4q33c.
tXiOS Market 4c lower; western, fresh,
CDC a i mum.
CHEESE Firm but quiet. 124jl3Hc.
Minneapolis Grain Market. '
MINNEAPOLIS. March 4 WHEAT
May, l I3'; July. Jl 11V Heptemler, 927n;
jno. i nam. i rso. I nortnern, 1 1V
No i northern. (1.09V
FLOtU-Fimt patents. (6.0CK66.JX; second
patfnts, (S.WiS.W: firt clears, M.KiQI.K:
second clears. (2.6n4?.70.
BRAN In bulk. J14...
CHICAGO C, It A I X ASH PROVISIONS
Fatares of the Trading and Closliu
Prlres on Bonrd of Trade.
CHICAGO. Mnrrh 4 HlKber prices for
wheat In northwestern maikets tended to
gtve a firmer tone today. The Hose of
wheat for Alay delivery was up VljiHc. July
Is up ijo. May corn is also up Ve. Outs
show a gain nf i? and provisions uc to 16c.
After opening eiisier in sympathy with
lower print nt Liverpool, the wheat mar
ket nere soon developed firmness, tne
strength Increasing as Ihe session ad
vanced. The weakness of foreign whe.it
markets was largely due to heavy ship
ments from Australia. The foreign weuK
ness was partly attributed to predictions of
bearish siniistlrs for Mniiilav. Open Inn
((notations here showed slight losses. May
nelng ofT 'oc. at Il loHn lBV July was
c lower, at K.W'e. From the smrt the
May option was in good demand, hut trad
ing, in distant deliveries was Unlit through
out the day. The apparent cause of the
comparative activity in May was in in-cre-ieing
demand for cash wheat at all
grain centers, especially at Minneapolis.
The situation w.is made more bullish by
decreased receipts in the northwest. Shorts
were the principal buvers of tho May
option. After touching (1 lf'4j shortly sob
sequent to the opening May steadily ad
vances until the price ivacnea i.iiv.
Meanwhile July sold up to !!Hc. The con
tinued smallness of primary receipts as
compared with totals a years ago was a
factor in support of quotations. Iite In
the day a slip-tit reaction occurred on profit
taking hut the market closed strong, wnn
Mnv at tl.lu4.4i I. UV. Julv closed at '.ic
Clearances of wheat and flour were equal
to 154.3 0 bushels. Primary receipts were
443.700 bushels, compared with 65.juo bush
els a year ago. Minneapolis, Uultith Hiid
Chicago reported receipts of cars,
against sis cars last week anu 2-H cars a
year ago.
Several prominent commission houses
were fairly active buyers of corn today,
giving the market a firm tone. Reports
rrom the country of an increased aemnna
for corn for feedlna nurDoses were largely
responsible for the strength. May opened
unchanged to c higher, at 48V(j4fi1'c, sold
up to 4H-SC and closed at 48Vtc. Local re
ceipts were 410 cars, with eight curs of
contract grade.
A steady demand for cash grain and
strength of corn imparted firmness to spec
ulative trading in outs. Shorts were the
best buyers. The selling was scattered.
May opened '4c higher at 31-))C, sold up to
32o and closed at the top. Local receipts
were 146 cars.
Provisions were strong on active support
from packers. A rumor was lit circulation
that the orice of ho- products was to be
advanced as a result of the investigation
of the Beef trust. At the close May pork
was un ll'Wulfic at I12.67H. lard was up
fytic at (7.0214. Ribs were 7Vsc higher at
(6.82.
Estimated receipts ror Monday: v neai,
36 cars; corn, 652 cars; oats, 292 cars; hogs,
4,0 head.
The leading futures ranged as follows:
Artlcles.l Open. High. I Low. Close.l Yes y.
Wheat I J
May 1 ISft 1 I6I4 1 15V 1 15W 1 15H
1 15- 1 16
July 98V(i' 9914 98H 9 9R?
Sept. 90 91-J. 0i 91 90
Corn
Mar 45 46'i
May 48'4JfV 48 4H 48 48-s
July 48'. 4H4 4V48H("4 4S
Sept. 481). 40 484j4fcVtf'v
Oats-' I
Mar ; '. 31 31
May 3114 32 1 31i 32 31H
July 814 32 314 31'n.t; 31S
Sept. 29 30 2929M30 29
Pork
May 12 67 12 67 12 67 12 67 12 65
July 12 72 U 80 12 70 12 80 12 67
Laid
May 7 00 7 02 7 no 7 02 6 97
July 7 15 7 17 1 16 7 17 7 10
Rlbs--
May 6 77 6 82 6 77 6 82 6 75
July 6 92 6 97 6 92 6 92 6 90
OMAHA LIVE STOCK MARKET
Both 8teers and Cows More Thsn a Quarter
Higher for the Week.
e ,
HOGS ALSO BETTER THAN A WEEK AGO
Sheep May lie Uooteil Strong and
Active for Week, lint l.aniln Were
Rather Slow Sole, vllh Tend
ency of Prices llonmord,
SOUTH OMAHA. March 4. 1905.
Receipts w.-re: Cattle. Ibg Sheep.
Ofhclal Monday
Ollli-uil Tuesday
Otliclal Wednesday ..
OliiciBl Thursday
Official Friday
Official Saturday
Total this week
Total last week
Total week before
Simp three weeks ago
Same four weeks ago.
Bitme week last year..
RECEIPTS FOR THE YEAR TO DATE.
The following table shows ihe receipts of
cattle, hogs snd sheep ut South Umana for
the year to dale, with comparison with last
cm i
1903. 19i"4.
Cattle 134.L!; b.f.s.i:
Hogs 4;i.lMi 4-K il
Sheep i;6,ifcW 317,320
v Tile io,!OVWla l:il:. kiiuhj
price of hogs at tsoutli unialii rr lue lust
several aays. with comparisons:
. 3.2u6 5.i32 ,
. 4.S7 M-'o
. ti'. i 1I.72I 6.t'39
. 2.W2 13.hi3 lo.t6
. a.oii 10.31 i.a-i
164 i.i7l 740
.15. SM) 57.077 1.S''9
.15.5-3 frl.764 44.3o0
. 9d 34.U.K 31.17
.15.11 49.4ii 31.977
.14.138 3.1. 39S 23.109
.16.5JX i9.j 3li,0W
Inc. I'cc.
19.5(6
3,846
41.790
IVII..V
Feb.
Feb.
1- v u.
Feb.
Feb.
Feb.
i eb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Mur.
Mar.
Mar.
Mar.
16...
17..
18..
la..
20..
u..
a..
23..
i..
25..
26..
27..
ii..
1..
2..
3..
4..
1910. lai4.1903. ,1902., 1901. 190O.;l9.
4 85
4 73 I
4 in I
I
4 GO,!
4 l8i
4 10 -4
4 b
4 66,
uy
4 75,
4 M-,
I 4 mj 1
I 4 71-V
I 77
I 4 &U-j
6 03 6 931
6 U2 7 03
6 U4 6 H.
6 l-'i t 9h
a it I 6 98
I 6 Jtii
5 2i 1
6 22 1 6 93i
6 19 6 84
6 32 6 8I1
5 39, 6 1
6 32 6 t-n
b Ui 6 k
o m 1
5 W 6 !S
5 12 7 03
5 04 7 bl
I S 281
5 79 1
6 '. 5 22
6 hoi 6 3i
6 bU, 6 31
6 ea 6 33,
O sj O
I 6 32,
6 971 I
6 !W 5 3i
6 88, 6 33,
6 81 1 5 2i
5 90 6 iS
tl UJj U -
I 6 2
6 11 !
6 0,j 6 32:
4 83 3 58
4 7 61
2 62
4 S3
4 .Si ( 60
4 i4 i 4i
4 t.i 3 uj
4 tti 3 59
4 69 3 W
I 3 t
4 CO!
4 oil a (2
3 ni
4 us; 3 51
4 6i 3 52
4 69 3 67
I ( 62
Indicates Sunday.
The official number or cars of s
brought In today by each road was
lock
scs.
C, M. & St. P. Ry 7
Mo. Pacific . . .. 3
Union Pacilic System. 1 16 (
C. & N. W. Ry 10 ... 1
V., E. & M. V. Ry 36
C, St. P., M. & O. Ry .. 3
B. & M. Ry 2 , 16 ... 1
C, B. & (J. Ry 3
C H. I. P., east. .. 6 ..,
Illinois Central 1
Chicago (it. West.... 2 3
Total receipts .... 6 104 S 2
Cattle. Hogs.
1.612
891
ine aisposition or tne aay s receipts was
as follows, each buyer purchasing the num-
uci 04 iieau iiiuiittieu.
Swift and Company ....
Omaha Packing Co .
Cudahy Packing Co....
Armour & to
Vansant & Co 15
Hill it Huntzlnger 6
Mike Huggerty 1
8. & S
Other buyers 23
.. 33
ii
2.477
1.611
187
462
7,240
No. 2. ...?
Cash quotations were as follows:
FLOl'R Easy: winter patents. (5.10a
O.iu; winter straights, n.fij.w, taring pat
ents, t6.1ii'r-a.ti,i; spring strulghts, (4.5u8o.uu;
bukers, (2.60(33.80.
WHEAT 1MO. 3 spring., II.1WU.1&14: jno. 3.
(1.074il.l6; No. 2 red, (1.15Cril,17.
CORN MO. Z, 46c; IVO) 3 yellow, 46C.
OATS No. 2, 31c: Nu, 2 white, 33c; No.
3 white, 31V(j3240.
Hi e wo. a, iso.
BARLEY Good feeding. C81i39c: fair to
choice malting, 46&47u. 'u ,
BKEua no.. i nax, iuiu; o. i nortn-
westernK (1.38; clover, contruct grade, (12.60.
l'H.i) isiuinb Mess pork, per unis.. ju'.t
4i 12.60. Lard, per HiO. Ilia"! (6.876.90. Short
rlus sides I loose I, fo.mi.-'. Short clear
sides (boxed), (6.764j6.87.7
Koceipts. Hiitpments.
Flour, bbls 24,7Wi 17.600
Wheat, bu 48.1X10 50.1U0
t'orn, bu 620.3IK) lii.utw
Oats; bu. - -.208,800 l66,yK)
Rye, bu .: 4.'0 10,100
Barley, bu. ..'i... ..130,000 15,600
On the Produce exchange today the but
ter market was weak: creamery, 23(&S0c:
dairy, 21 ("u 28c. Eggs, weak; at msik, cases
inciuaeu, jo; nrsts, sjsc;-prime nrsts, iic;
extras, 23c. Cheese, firm; 12ul3c.
t. I.onls Grain and Provisions.
ST. LOUIS, March 4.-WHEAT-No. 2 red,
cash, elevator, 11.14; truck, (1.16; May,
(1.12; July. 94V'a94e; No. i hard, (1.12,y
114,
CORN Higher; No. 2 casn, 46c; track.
47fa47c; May, 46c; July, 47c.
OATS Higher; No. 2 cash, 32c; track, 33c;
May, 31c; No. 2 white, 32f(34c.
FJjOUR Dull and unchanged; red winter
patents, (5.3K'f 5.50; special brands. (5.5t
5.65: extra fancy and straight, (4.85(u5.;w;
Clear, (4.40di4.60.
BKf.L-1 iinoin v sieaay ni .'.wnij.ou.
CORN MEAI-Steady at ?2.40.
BRAN Firm; sacked, east track. 86
87c.
HAY Firm for best; timothy. I6.ooa12.oo;
prairie, (5.(HXg9.60.
IxvUIN 1:0110a llM sjc.
BAGQINQ 7".c
HEMP TWINE 6c.
PROVISIONS Pork, higher: Jobbing.
(11.92. Lard, stronger; prime steam, (6.47.
itacon. uncnangea; noxea extra snorts and
clear ribs, (7.37; short clear, 17.62.
POL'LTRY Quiet; chickens and springs,
10c; turkeys, 144jl6c; ducks, 12c; geese, 7c.
BUTTER Dull; creamery, 24!U32o; dairy,
19270.
LUGS Lower; 17c, ense count.
Receipts. Shipments.
Flour, bbls 7.(0 13.000
Wheat, bu 42, 39,0X1
Corn, bu 3s.flnn 42.1100
Oats, bu 38,000 48,000
Kansas City Grain and Provisions.
KANSAS CITY, March 4 WHEAT
Steady to higher; May, (1.03UT.03-); July,
874C; cash, No. 2 hard, (l.UOfrl.OK; No. S,
tl.uul.Ou; No. 2 red, (1.07(gl.U9; No. 3, (1.06tf
1.07. Receipts, 69 cars. 0
CORN Steady; May, '46c; July, 45c;
cash. No. 2 mixed, 45V4(fi46c; No. 8, 45.
ibc; No. 2 white. 46Vj47c.
OATS Steady; No. 2 mixed, 32c; No. 2
white, 32((33c.
HAY Firm; choice timothy, (9.5010.00;
choice prairie, (7.6oti8.0O.
EGGS Lower; Missouri and Kansas, new
No. 2 whltewood cass included, 16c; case
count. 15c; cases returned, c lower.
BUTTER Creamery, 27(531c; packing,
19c.
Receipts. Shipments.
Wheat,- bu 47,200 62.80J
Corn, bu 66.8fil) 83,1,0.)
OaU. bu ; 13.0u0 42,0u0
Toledo Seed Market.
TOLEDO, March 4. SEEDS C'over, cash,
(7 62; March, 17.62: April, 7 4i; Ortoner,
(5.87. Alslke. prime. (7.75. Timothy,
prime, (1.35; March. (1.35.
Peoria Market.
PEORIA, March 4. CORN-Hlgher; No.
t, 46c; No. 4, 44c; no grade, 43c.
Oil and Koala.
NEW YORK, March 4. -OILS Cottonseed
oil, steady; prime crude, nominal: prime
yellow, 264264C Petroleum, quiet; re
fined. New York. (7.25; Philadelphia and
Baltimore, (7.20; same In bulk, (4.30. Tur
pentine, firm, 64'o54c.
OIL C1T. Murcli 4.-OII.8 Credit bal
ances, 11. SS. Certificates, no bid. Shipments.
62,660 bbls., average 81.687 bbls. ;. runs, 81,733
bbls.. average 84.ii.1i bbls. Shipments Lima.
76.617 bbls., average 7S.4U; runs Lima, 67.874
bbls , average 57 VM cms.
SAVANNAH. March 4.-OIL Turpentine,
firm. Sic.
KOSIN-Flrm: A, B, C. I! 80; D, (2 85; E.
(2.90; K. (2.95; O, 13 00; H, (3 (0;: I. $3 5u; K,
(406; M, (4.60; N, (4 75; W. G., (5.00; W. W.,
(6.18.
Coffee Market.
NEW YORK. March 4. COFFEE Mar
ket for futures onened steady at un.
changed prices. The market closed steady
at a decline of ( points to an advance of I
points. Bales were reported of 32.000 bun.
Including March, 6.06r; April, 6.15c; Mav,
6 2f.lsHI.3or; Jul. 6.5uc; September, .7o
s. ioc; uriooer, s.iwc; i-'eceinoer. s 'Q3i.c;
February. 7.15c. Spot Rio quiet; No. T In-voli-e.
7c.
The world's visible stipiily statement
snowed a decrease for the month of Fen.
ruary of alniut 3I9.0MI bags, being 13.271,746
Dags on murcli 1, inciuaing a iirenien stock
or 136. 4:w iiiiwo. 1 lie visiue supply state-
ment of March 10 lust year showed a total
of 13.1S1.11U bags.
Bask Clearings.,
OMAHA. March 4-Bank clearings today
were i.iii.ion.M. ror trie corresponding
day of 1904 the clearings were ltU,bt2.2t,
Total 89
CATTLE There were about 100 head of
cattle reported this morning and nt, change
In the market took place. For the week re
ceipts show but little change as compared
with either lust week or with the corre
sponding week of last year. The demand
hns been in good shape and as a result tho
general tendency of prices has been up
ward. A large proportion of the receipts all the
week has consisted of corn-fed steers and
the bulk of the offerings could not be
classed better than fair. In fact there has
not been a prime bunch of cattle on the
market this week. Buyers, though, have
taken hold with II fa and each day's offer
ings weru disposed of In good season, the
tendency of prices being upward. At the
close of the week the general market on
steers may bo quoted fully u qunrter higher
and some of the cattlu that best suited buy
ers are as much as 35c higher. Good to
choice steers are quotable fioiri (5 to (5.50,
fair to good from (4.40 to (4.90 and the com
moner kinds from (4.25 down.
The cow market has also been In very
satisfactory condition and prices have been
tho highest In some time past. Tf anything
tne advance on cows and heirers has been
more rapid than 011 steers. The market can
safely be quoted 26?(36e higher for the week
and In extreme cases the more desirable
grades have shown even more Improvement
man mat. uooa to cnoice cows una neirers
may be quoted from (3.25 to (4.35 und prime
heifers would undoubtedly bring more lhan
that. Fair to good grades sell from (2.60 to
(3.15 and common to fair from (2 to (2.50.
The bull market 1 also considerably
higher than it was a week ago, the aavnnce
amounting to 2Tii&40c. The choicer grades
now sell rrom (3 to (4 and the commoner
kinds largely from $2.50 to CI. Veal calves
are a quarter higher for the week, the top
being (6.
Thert was quite a lively demand for
etoekers and feeders last week and with
light receipts the market Improved. Any
thing showing quality advanced about a
quarter, but where the quality was not
satisfactory the gain was not so great.
Either light or Heavy weight cattle sold
to good advantage, the only requisite being
quality. Good to choice grades may be
quoted from (3.76 to (4.35, fair to good (3.40
to (3.75, and the commoner grades from
(3.25 down. Representative sales:
BEEF STEERS.
No. At. Pr. Ho. At. Pr.
(j.. 1238 4 60
CUWB.
.... 840
.... 00
.... ;,5
....10H0
.... 840
.... 148
870
I 20
2fi
1 35
It 40
2 ii
1 bO
2 (0
2 (HI
1..
i:::
..1000
.. 2S
.. T0
..12:'5
.. -'
..1060
..1U.1I)
.1011
..
1
1
1..,
1..
I..
1..
1..
1.:
1..,
COWB AND HEIFERS.
.. 75 S 60
HKIFKR8.
420 I 00 1
liO 2 16 1
BUIXb.
.1330 I Ii 1
.1640 I 86 1
CALVES.
. 7SH)
.11100
.1S70
.1600
100
, mo
, 180
, 110
300
4 00
4 60
4 60
4 60
i 00
1.
i.
8
I
170
130
130
166
t M
I lit
I 00
I AO
I tl
I 23
I 40
I 44
I 5
4 -a
40
60
B 00
6 60
6 50
I 00
fiTOCKEKS AND FEEDERS.
1 460 3 00 1 t:iu i to
i (66 I 60 10 U8 I 80
HOGS There was a lalrly liberal run of
hogs here today, but reports from othur
points were rather favorable to the selling
interests, and as a result the tendency m
prices was upward. Packers, though, did
not take hold very freely, us they old not
seem to like the Idea of paying more than
they did yesterday. The early market tvas
strong to 6v higher and tho bulk of the
hogs sold on thai basis. Toward the close,
however, packers were more bearish, so
that the late arrivals did not sell quite so
well. The close could, perhaps, best bu
described by culling it slow und weak
Light weights went largely from (4.77
down, butchers and mixed (I.77U to (i.82
and heavies from (4.85 to (4.96. The weights
today were rather light, very few choice
heavies being offered.
For the Week receipts show a decrease
as compared with lust week amounting t i
about 4,iiog head, but for the time of year
the run has been quite ilberul, there being
an Increase over the same week of lust
year amounting to about 18,0iju head. In
spite of the Heavy receipts the general
tendency of prices has been upward and, as
compared with the close of last week,
there was a net gain of 6c to 10c. Repre
sentative sun-si
ho. at. ks. ft. Ma. at. (k. rr
81 184 ... 4 16 1 183 ... 4 80
7T 14 40 4 70 85 V.t ... 4 10
7T 114 80 4 70 40 l:t ... 4 to
7 181 80 4 11 II 217 80 4 80
81 1K8 ... 4 71 46 247 160 4 82
73 . 210 80 4 lt't 70 244 ... 4 il
63 fiO 160 4 H H 2S8 ... 4 8314,
71 JH ... 4 75 64 250 ... 4 824
71 til 80 4 78 . 76 227 ... 4 lit
78 2 ... 4 76 68 240 ... 4 62
66 1.10 80 4 IS 76 141 160 4 81
74 1HT 40 4 76 68 i.7 ... 4 2
88 183 ... 4 76 68 221 80 4 624j
61 '..180 ... 4 76 64 !t 80 4 12V,
81 1t8 ... 4 n 81 217 ... 4 lis,
61 123 ... 4 76 68 160 ... 6 !',
78 118 40 4 T7 74 114 ... 4 62
80., 816 ... 4T7 78 in ... 4 12 V,
67.. 236 40 4 M 66 161 ... 4 62
46 Ml ... 4 80 76 884 ... 4 82V.
76 35 ... 4 60 Tl 114 ... 4 66
7 110 110 4 M 68 841 ... 4 14
78 T 110 4 80 67. ...... .21,4 40 4 86
66 214 80 4 80 61 210 ... 4 86
71 124 ... 4 60 66 24 ..; 4 86
70 187 40 4 80 62 101 40 4 86
74 2 ... 4 80 . 68 126 60 6 66
76 1T .... 4 60 76 Ui ... 4 86
84 184 80 4 60 61 284 80 4 86
74 114 ... 4 86 1 126 ... 4 6
Tl Ill ... 4 80 67 36 40 4 65
71 22 H 4 80 68 UI ... 4 8
47 Ill 120 4 80 66 1 8 120 4 15
T6 231 80 4 80 67 -0 ... 86
71 t.16 ... 4 80 60 214 ... 4 86
64 U7 40 4 80 - 60 2" ... 6 85
46 118 80 4 80 M 2'2 160 4 6
74 J'l ... 4 80 68 2M . . '4 6
86 188 80 4 60 1.4 340 80 4 -4
n Ui 44 IN M.......iH ..4 tie
rr rm
74 2.48
;i i.4
57 227
6 2S
54 244
Z!t
! 4 m
80 4 at
... 4 80
46 4 80
... 4 M
... 4 80
80 40
.,858 140 4 84)
88 rt ... 4
66 !T4 ... 4 86
68 !1 60 4 M
64 2:7 ... 4
7! ?6 ... 4 87V,
U t"0 ... 4 80
4$ 311 ... 4 8i
64 r.i ... 4 85
.218
4 tb'
MIIKEP There were three cars reported
tins morning, but they were lulled tlimugu.
so tnat a test of the n arkot was 1101
insue. For the week receipts show a loss
hi compared with last wee of snout iJ.'oo
neao, unu ns compared wltn the coi-re-
poiitllng week ot last pur mere is a tail
ing on of artout 5.U head.
ihe demand for sheep has been quite
acuve nil me week and prices are Itioy
stciioy, with those in lorce at Ihe close ot
lust w'ek, snd in some spins tne market
loi-ks as iniicn as a dime higher. In other
woius, deFiriiole giaues 01 sliei-p are sell
ing as hign as at any time nils season.
the lamb market, tnotigh, has been
rmiier dull nil Hie week. Mud while closing
pllces r noi mum oiilerent iroin tboio
11 i.rce at the txtieme ciosm ot last n.i
uiey are u little lower than tne pine-,
paid on Monday and Tuesday of tins eK
ine quality oi tne olieriiiKS. though, has
been lather Interior, and that has 01 coiiise
had a lather acpreemi.g cued upon the
111,1 1 kd.
Quotations for fed stock; Good to cholcs
yearlings, (6.4n'(i6.90; " o good year
lings, 6.j(Kin.4o; good 10 c:iolce wethers,
5.h'ti6.iu; lair to good wetiiers, (j.uwtiu.sj;
good to choice ewes, Io.Oikuo o"; tair to good
ewes, 4.ikk(.ou; common to lair ewos. 4.uo
Wl.uti; goou to cho.ee lambs, (t.i.l J.W; lair
to goou lambs, (.. Wit Jo; feeder luinus, tu.oo
ft 6. 75.
4II1CAUO 1.1 lK STOCK M4.HKKT
tattle Stendy Hoks lllxhrr Sherp
and l.nnibs Steady.
CHICAGO. ivl:ircli ,.-C. 1 Ti.E-ltecelpts,
3" head; market steady; good to prune
steers, to. 5hu .; poor to medium, "!l
O.uo; stockeis und leeders, i.4"di Mo; cows,
(2.6iii4.2u; hellei s, V i'KH.75; doners, l.2
12.71); bulls (2.&j4.ui; t-aivi-s. (3.w.j i.t.
HOGS Receipts. 11.V0O lieidj estimated
Monday, 4o,uou head, market 6c higher;
mixed und butchers, ll.Sjua-'O; "i 10
choice heavy, (4.&'u5.12. rough heavy.
li.MC'iu.Oh; light, (4.04i5.ou; bulk of sales,
H.s)'u5.10. r ,
SliKEP AND LAM HS-Receipts. 2.0j)
heud; market steady; good to choice weth
ers, (5.2. wft.uO; fair to choice mixed, (fi b!
6.76; western sheep, lo.6'i(t.i; native luiubs,
tl.Wal.bO; western lumbs, (7.fsnU 7.ts0.
Kansas City l ive Stoek Market.
KANSAS CITY. March 4. CATTLE Re
ceipts, Hi head; market unchanged; choice
export' dressed steers, Ci.mdo. 7j; fair to
good, (i.voi6.ix; western fed steoVs, W.iMr
6.20; stockeis and feeders. xa.tXKit 4.U ; south
ern steers, (3.464)4. 60; southern cows, t2.2o
4iu.6o; native cows, t2.xii4.2o; native heif
ers, (2.7-4.75; bulls, 2.6.ViH.'; calves, (l.ort
6J6.76; receipts for the week. 27,100 head.
HOGS Receipts, 3,500 hmid; market
steadv; top (5.UU; bulk of sau.4, (4.8hj6.O0;
heavy, (4.9tKiio.u0; packers, 4.8ji(V.8'; pigs
ant lights, 4.154)4.90; receipts for week,
4.ti'0 bead.
SHEEP AND IAM US Receipts, 4.000
bead; market nominally steady; native
lambs, I6.5odr7.50; native wethers, (o.oO'do.Kfi;
native fed ewes. (4.704t6.5o; western fed
lumbs, (6.500(7.60; western fed yearlings,
(6.(Ky6.56; western fed sheep, 4.io(ij.n6;
stockers nnd feeders, (3.503i.oO; receipts tor
the week, 38,300 bead.
St. Louis Live Stock Market.
ST. 1X)UIS, March 4. CATTLE Receipts,
:0j hiad, including 100 Texans; market
steady; native shipping and export steeis,
14 6u4'i.tO; dressed beef and buvcher steers,
CU.it5.So; steers under l.WJ lbs., Ci.2.ii3.Mi;
stockers ami feeders. (2.5e4j4.6j; cows and
rollers, (2.onrg4.50; eannerB, tl.n6ti2.16; bulls,
(2.j2.70; caives, 13.ot((ii.oo; Texas and 111
ulan steers, (2.50(t(4.76; cows und heifers,
,2.t4i3.Sa.
HOtJS-Recelpts. 1.500 head: market 5c
hlKlu-r: tiles and Hants. I3.7bili 76; packers.
l.l)5.(Xi, butchers and best heavy, (6.0jU
b.15.
SHEEP AND LAMBS Receipts, 1.24M
head; market Bteady; native muttons, 4 00
dib. 'in; lumus, . (o.ootyi.iio; cuus anu uuim,
(4.ia4j4.6u.
Xew York Live Stoek Market.
NEW YORK, March 4. BEEVES Re-
re ins. 45 head direct: no tr.td.ng today.
Dressed beef slow at 16.5oii9.0j; exports. i20
cattle and 6,700 quarters ot beef.
CALVES Receipts. 61 head; market feel
ing steady. Common to lutr veals sold at
(50iXU8.co; citv dressed veuls. In good da
mn r.d at (7.0tK& 13.00.
SHEEP AND LAMBS Receipts, 2.16S
head; market slow; sheep, Bteady; lambs,
bureiy steady. Sheep sold at (j.W'i'mi.oO;
wethers, (6.b0; lambs, CS.004i8.60; dressed
mutton, In light supply and steady at (9.00
tiU-OOr dressed lamlis, (12.0)13.io.
. HOGS Receipts, 2,942 head; market feel
ing nominally higher. .
St... Joseph Live Stock Market.
ST. JOSJ2PH, March 4 CATTLE Re
ceipts. 123 head; market steady; nailve
(3. iVi5.B0; bows and heifers, (1.76(31.45;
stockers snd feeders, (2.75iji4.25.
HOGS Receipts, 8.360 head; market
mostly 6c higher; light, (4.80(U4.95; medium
and heavy, (l.9Va5.00.
SHEEP AND LAMBS Receipts, none;
demand good.
Kloui City Live Stock Market.
SIOUX CITY, March 4. (Special Tele
gram) CATTLE Receipts, 6U0 heud; mar
ket strong; beeves, (3.60'iXi.lO; cows, bulls
and mixed, I2.6yrti4.10; stockers and feeders,
(2.7613.80; calves und yearlings, (2.25(tt3.50.
1 IOGS Receipts, 4.200 heud; market 6c
higher, selling, (4.00i(j4.85; bulk of stiles,
l4.,ua4.S0.
Stock In Sight.
Receipts of live stock at the six principal
western markets yesterday were:
Cattle. Hogs. Sheep.
South Omaha 161 6,i:i2 4,747
Bloux City 600 4. loo
Kansus ICty Pi) 3.5") 4.000
St. Louis 2U) 1,500 1,200
St. Joseuh 123 3.360
Chicago 300 11.000 2,000
Totals..
.1,387 29,292 11,947
Wool Market.
ST. LOUIS. March 4 WOOL Stead v:
medium grades, combing and clothing. 20(u)
28r; light line, 21u22c; heavy line,. li18c;
lun-wasnea, iwj3c.
LONDON. March 4.-WOOL The s. cond
series of the wool auction Is scheduled for
March 23. Durmg the opening week 61.600
bales will be offered. The anlvals lor the
third series amount to 11,19.1 hairs, Includ
ing 8,600 bales lot-warded directly to sp n
ners. The imports last week were:
Uueensland. 2.631 bales: New South Wales.
9.3:tl bales; Victoria, 9.197 bules; New Zea
land, 56,301 bules; Cape of Good Hope and
Natal, 8,189 bales; China. 326 bales; Huenoj
Avres. 411 bales: LaPluta. 300 baleH: vari
ous, 612 bales. The third and fourth series
are limited to 150,000 bales each.
BOSTON. March 4. WOOf-Of the wool
market tho Commercial Bulletin this morn
ing suys: There has been a llttlu moro
business put through. Flno Australian lias
been selling, hut in no large quantities.
South American cross-breds are neglected,
easy and offered at cost in some cases.
A line of staplo Oregon wool has been
moved at a full price. Fine fleeces and
territory aro steady and firm, but domestic
medium fleece is weak. The opening of the
London auction sales is awaited with In
terest. If prices are sustained there It will
go far to restore confidence here. The
shipments of wool from Boston to date
from December 29. 1904, according to the
Bnnie authority, are 44.146,32 lbs., against
ix,346,363 lbs. at the same time last year.
The receipts to date are 48.275,4X6 lbs.,
against 31,006,093 lbs. for the same period
lust year.
port f New York for the week enrlintt to
Ohv were I1U7.426 silver and M4. gold.
Total exports of iipu le frem New York for
the week ending toduy Were (1.107,938 silver.
No geld cxfMirted. . .
OMtllt, IIOI.F.S AI.E SIAHKKT.'
Condition of Trade and Qaotalloas an
Stnple and Fancy I'rodaoe."
Km IS-Receipts Increasing, candled stock.
U'll'-OC.
LIVE POULTRY Hens. lc; young rocs
tets, uccoiding lo site, e to Irtc; old roos
ters, f Ti ' ' . turkes, l.e; tlm ks. ifc. ' '
HL "I T KK Packing stock. 'e; choice U
fancy d.iiry, -4'ijiic; creamery, 2n30c;
i'llnts. (lc. - , .
FRESH FROZEN FISII-Tropt. c; pick
fiel b'ji'i pike, fo-.c; peicn, ic, inuensn, l.e;
whiiel.sh, sc; sail. .on, lie; rtMlsnaoper. Iw;
hallrtnt, 9. cripple. Uc; buffalo, to: whit
buss. 11c; herring. 5o; hlurllsli. lie; Spanisli
mackerel lie. Mug log, per tlos.. 40o.
HAY- Prices quoted oy Omaha Wholesale
llav Dealeis' association. Choice No. 1 up
land. 17 t",; No. a. ..ii'; inedlinii, d.oh.comi s.-,
i:i..".o. Hve straw. ! ..is1. Thtse prices are
for hny'of cord color snd quality.
P. RAN-Per ten. i7.0O.
OY8 1'EKS New York counts, per can.
45c; extra selects, per can Sic; standards,
ier can, :1oc Hulk: Stsndfirds. per gal,
(1.40; extr.t selects, per gill.. (Lis; Mew
York coums per ! . $1 9"
TRoriCAI FRUITS.
OUANOKS Caltfornln. extrj :'ancy ned
land navels, all sites. -'.; fancy naveis.
(2.26; choice navels, lurgo sites 64, 96, 11-
(2 10.
LEMONS Calif "'"'s fnfev. (270: tM anj
S1 M !:.'; choice. 270, (h0.'(3.0.
DATES I rr i..x of So-ib nkgs.. (2 04);
Hsllowee, in 70-lb. boxes, per lb.. 4t6j
FIGS California, per lo-liv csrtor, (54l
f6c: Imported Smyrna, 4-crown. 10c; t and
6-erown, 12c, fancy, imported twathed). is y
i n. pks., ifoi
11 A N A NAS Per medium-sited bunch. (l.T
?:R: .mmtxts ! b m w. M
GRAPEFRUIT Per box of 61 to 61, (6.D0.
FRUITS.
APn.ES-New Yorg Klncs. $125; New
York Greenings. CI 00; New York Baldwins,
((.ot'; Colorado Wlnesups, per bu. box, lU.Mi
Pippins. (1.50.
GRAPES Imported Malagas,, per ltes;.
ti.nn.
TANGERINES - California, per H ".
(24)
CRANBERRIFS-Wlsconsln Bell and Bu
gle, per bid., (n.iio; Jerseys, per bbl., (COu;
per box, (2.75.
VEGETABLES.
POTATOES Home grown. In sacks, per
bu., 45c; Colorado, per bu., 60c.
TURNIPS-Old, per bu , 40c; Cansna rut
abagas, i'er lb., lc; new, per dot., 45o.
CAHKOTS-Old, per bu., 40c; new, per
dox., 45c.
I'ARHNIPS Old. per bu., 40e.
BEETS Old, per bu., sue; new, per dos.,
45c.
BEANS Navy, per bu., f2.OtVfr2.10.
ONIONS Home grown, red, In sacks, per
lb., 2c; NimnlJh, per cra'.e. (2.60; Colorado
vellow, per lb., 2c; new, southern, per dot..
45c.
CUCUMBERS-Per dot.. (1.75(32.00.
TOMATOES Florida, per 6-basket crate,
(4 6Hi.". V
CAULIFLOWER - California, per crate,
(3.00.
CABBAGE Holland seed, per lb., 1C.
SWEET POTATOES Konsas kiln Oiled, .
nor 1,1,1., (2.50.
v ICI.ERY California, 467rte.
HAOISHES Hot house, per dot., 46e.
LETTUCE Per box of about fifteen,
heads, 60c.
RHUBARB Per dot. bunches, 75cifftl,00.
PARSLEY Per dos. bunches. 75c.
MISCELLANEOUS.
SAUERKRAUT Wisconsin, per keg.,
(2.25.
CIDER New York, per bbl., (5.50: per
half bbl., (3.26.
CHEESE Wisconsin twins, full cream,
13c; Wisconsin Young America, 14c; block
Swiss, new, 15c; old. ltVyi7c; Wisconsin
brick. 15c; Wisconsin llmburgcr, 14c.
HIDES No. 1 green, 7c; No. 2 green, 6c;
No. 1 suited, 8Vic; No. I salted. 7Ho; NO. 1
veal calf, 9c; No. 2 veal calf, 7c; dry talted,
814c; sheep pelts, 2oc(u 11.00; horse hides,
tl.6iKfj;t.00.
NUTS Walnuts, No. 1 soft shells, ' new
crop, per lb., 15c; hard slu-lls, per lb., ISc;
No. 2 soft shells, per lb., 12c; No. 2 hard
shells, per lb., 12c; Pecans, large, per lb.,
12c; small, per lb., 10c; peanuts, per lb., 7c;
roasted peanuts, per lb.. 8c: Chill walnuts.
fier lb., 12tilH'ic: almonds, soft shell, per
b., 17c; hard sell, per lb., 15c; chestnuts,
per lb., 12ttijrl.1r; new black walnuts, per
bu., 75f90c; shellbark hickory nuts, per bu.,
11.75; large hickory nuts, per bu., (1.60.
,i
Cotton Market
NEW YORK. March 4 COTTON Fu
tures, very steady: March, 7.34c; April,
7.39c; May, 7.43c; June, 7.41c; July. 7 40c:
August, 7.42c; September,' 7.46e. Spot closed
quiet; middling uplunds, 7.86c; middling,
gulf. 8.100. Snles, none.
NEW ORLEANS. March 4 COTTON
Firm; sales. 3.500 bales; ordinary. 4 11-16c;
good ordinary, 6 Tic: low middling, 6c; mid
dling, 7 3-16e; good middling, t 9-16c; mid
dling fair, 8c. Receipts, 4,467 bales; stock,
273,425 bales. .
LIVERPOOL, March 4. COTTON Spot,
In fair demand, prices 2 points higher;
American middling fair, 4.56d; good mid
dling, 4.24d; middling. 4.12d; low middling,
4d; good ordinary. 3.86d; ordinary. 8.7UI.
The sales of the day were 8.000 bales, of
which 1.000 were for speculation and export
and Included 7.800 bales of American: re
ceipts. 6.000 bales, Including 3,700 bales of
American.
ST. IX)tTIS, March 4 COTTON-Qulet.
unchanged: middling. THc. Sales, t bales;
receipts, none; shipments, 104 bales; stock,
42,425 bales.
Metal Market.
NEW YORK. March 4. --METALS The
metal mnrkefn were generally quiet. Cop.
per Is reported quiet with lake obtainable
In some little quantities around I16.37W
nnd the general range from (15.37tyS 15.60:
electrolytic. (15.25ft 15.374: canting. (i4.87H?
16.26. Tin was quiet at 2R.50ffi 28.75. Lead,
(1. 45474. GO. Spelter, (6.106.26. Iron was firm
In tone with some furnaces said to be
holding for nn advance of 25(?f60c.
ST. LOUIS. March 4. METALFV Lead,
firm at (4.37V4. Spelter, higher at (6.15,
'. Forelttn Financial,
I.ONYON. March 4. Money was in fair
deniund and moderate supply in the market
today. Discounts were lather easier eaily
In the day, but becumu firmer later. Trading
on the Stock exchange generally wus quiet.
Operators were disposed to await the de
velopmept of the wur and Russian Internal
events before entering uiKin fresh commit
ments. Conn ls drooped early on conti
nental suies, but recovered later on a good
tiemund. Holdings are Irregular and had a
drooping tendency owing to some uncer
tainty concerning the character of Piesl
dent Roosevelt s Inauguration address.
Later stocks were supported at slightly
above purity. The market closed quiet.
Foreigners opened depressed, but recovered,
Russluns advancing 1 point. Japanese were
firm, imperial Japanese government bs of
i:i4 were quoted at 1.04.
BERLIN. March 4 Prices on the Bourse
today were rather weaker.
PARIS, March 4. The tone on the Bourse
today was calm but prices were strong, the
rescript of the Russian emperor producing
an excellent effect. Russians were much
sought. Internationals were stronger. At
the close (he market wss very firm. Rus
sian Imperial 4s were quoted at 89 46 and
Russian bonds of 1904 at 606.
Clearing- lloase Averastes.
NEW YORK, March 4 The statement of
averages of the clearing banks of this city
for the week thows: Iians (1,184.426,300,
Increase 113. 113.900; deposits, (i,189.9,o,(8o, In
crease (10 145,100, circulation $42,K:l.3ou, In
crsuse (21.6'jo; legal tenders jMi, JiiJ Soo, de
crease (IVS.liO; specie (219,628 400, decrease
Cl.642.u00; reserve Ci6,5n2.iu. decrease (3.642,
reserve IKi.Ml'.Sw, derruimu J3,72U,1""; re
serve required (!)(, 492 .600, increase (2,636,
2,5; surplus (3Mi.T"0, decrease fH.M.'iba: ex
I 'lilted Slates deposits (12,3UI,9uO, decrease
(6,3ti7,626.
Mew York I'.i ports and Imnorts.
NEW YORK. March 4 Total Imports of
nioi-cliaiiillMi ami dry goods at th port of
Now York f"r Ihe week ending loday were
ii,(AiL Total Inipurta v( speUu At lh
Dry Goods Market.
NEW YORK. March 4 DRY OOOD8
In the dry goods market buying has not
been bs large st the end of the week, and
vet In certain quarters sn Increased firmness
is noted, which manifests Itself In a refusal
to accept many offers formerly considered
by first nanas.
Liverpool Grain Market.
LIVERPOOL. March 4. WHEAT Spot,
nominal; futures, quiet; March, nominal;
May. Kb 1d; July, 6s lid,
CORN Spot, firm; American mixed, new,
4s 2V4d; American mixed, old, 4s HHd;
futures, quiet; March, 4s 2V&d; May, 4s 4'id.
Dnlnth Grain Market.
DULUTH. March 4. WHEAT To srrlve:
No. 1 northern. (l.llVi. On track: No. 1
northern, d im: No. 2 northern. (1.06''9
l.iws,; May, (1.12&; July, (l.lltt; September,
92 He
OATS To arrive and on track, 81e,
Sna;ar nud Molasses.
NEW ORLEANS. March 4.-8UGAR
Strong; open kettle. 3'V.441,c; open kettle
centrifugal. 4'44i6c; centrifugal whites,
59-1c; yellows, 4054o; seconds, 3&mc
MOLABHES Julet : open kettle, 1326c:
centrifugal, (Vo 15c. Syrup, steady, Vfu2U:
Bank Stock la Demaad.
SAN FRANCISCO, March 4.-The Chron
icle says today that the City National bank
of New York City is the financial coriVern
which has made an offer for 6,000 shares of
the Bank of California's new share issue
at (675 per share.
Edwards -Wood Co-
(Incorporstsd.)
lain Office: Fifth and Robsrts Straits
5T. PAUL, fllNN.
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