THE OMAHA DAILY BME ; SUNDA\rA < MARCH 10 , 1890.-SIXTEEN PAGES. 15
THE CONDITION OF TRADE ,
Au Aotlvo Demand For Funda Reported -
ported By Eaukora.
6UPPLY MONEY PLENTIFUL.
\
Collodions Fatrly l'i\y nnd Iilttlc
Cuiiitilnlnt Dentil From .Jobncrs ,
Who Claim Tlmt
_ In Good.
llio Ijncnl Commercial Situation.
Clearings for the week as reported by Mr ,
Hughes , manager of tlio clearing house ,
foolHGI0.021.SI , nn Increase of 21 3-10 per
cent. Lialunccs wcro 11,037,231.42. There is
an nctivo demand for funds , but the supply
is largo nnd bankers Intimate that they have
money to spare to satisfactory parties.
llatcs for prime mercantile paper are S per
cent und might bo shaded 1C conditions were
v.'holly favorable in tbo view of the lender.
Kxchangois In food supply nt the usual price.
Tlio case which has been n prevailing feat
ure of the money market hero as well as
elsewhere throughout the country during
the past lour mouths of n period when
money Is usually close nnd in demand , indi
cates that iho asking price for the use of
iLonoy is too high. In n new country llko
Nebrask.i xvhat mil-plus the community has to
leave In the hand * of the bankers should bo
readily absorbed by borrowers , who would
use it If they could have It at n price which
would net them n profit , nnd It scorns from
npparcnt results that our bankers charge
morn as middlemen than circumstances war
rant ; in other words , It looks as if tbo aver-
ngo local rate of interest Is too high. The
legal rate , where no special agreement ex
ists , Is 7 per cent per annum , but
the lowest asking rate over bnukors
counters here is 8 per cent. Would not the
community be bcncflttcd and dividends as
largo as those current bo paid if our bank
presidents kept their loanable surplus always
busy nt 7 per cent rather than occasionally ut
8 per cent. Why should money be 1 to 8 per
cent higher In Omaha than In Chicago.
Hankers report collections fairly easy und
there is Halo complaint from jobbers , who
say that inouoy comes In from iho country
In good volume and the situation as regards
outstanding is much better than was hoped
for sixty days since. Failures have been
few this year as compared with the same
ponod in 18SO and croakers are ut n loss to
account for the promptness witti which calls
for liquidation have boon met when
the cry has boon so general
that tha farmers were bankruot
because tliuy had so much corn and could
got BO little for It. They seem to have sold
enough to pay their debts , and It matters
little to thu creditors whether the wherewith -
with to i > ay up came from corn In tno oar or
corn converted into hogi. City collections
are nojt , so favorably mentioned and there
scorns to bu n dearth of cash among those
who buy the necessities nnd luxuries of lifo
of retailors. The opera depleted house
wives' pocket boons of about $20.000 for
tickets , drcuses , carriages , etc. , and till the
surplus reserve reaches its normal level the
collector will probably be a disgruntled In
dividual.
Jobbers as n rule say that business Is good
' nnd in excess of last spring. January did
not hold Its own , but February and March
'uivo been good months for sulcs in the prln-
/clpal lines of trade and just noiv all hands In
( ho wholesale district are comforta
bly busy and some say they have
more trade than they can readily
handle. Prices do not shoxv any great
changes. Flour Is a trillo stronger. Desira
ble dairy butter Is In gooa request and the
murkatllrm , with receipts ot cholco stock
light. Cheese Is very llrm at quotations
nnd the murlfot is active. Eggs are in
liberal supply. Hay continucs qulot nnd in
ample supply. Hides coulo in slowly but
the market Is dull and quality poor just now.
Cholco potatoes and onions uro in brisk c.ill
ut quotations. Poultry has boon In-uxocllont
demand nnd the market Jinn , especially for
choice stock. The wool market is quiet.
There is u fair demand for tallow but the
uuirkct la particularly active.
In groceries there is the usual call for
canned gooua and prices are virtually un
changed. As to coffees and'sugars tbo
Shipping List says of Brazil coffee : The
publication on Saturday of tbo monthly sta
tistical exhibit of the world's visible suppiy ,
showing u decrease the month of lOO.OOObigs ,
gave a fresh impetus to the bullish feeling
already prevailing , and since then trading
has been uetlvo In both Invoice und options , a
sharp advance In values affording an oppor
tunity for n fresh turn ever among local
dealers , holders being anxious to secure the
prollt shown by the hichcr bids made , and
these in turn becoming buyers nt a still
further advance In order to replace the sup
plies previously disposed ol. Options show
an Advance of 05 ( < i.75 points alnro Friday ,
und invoices have sola at a > gain of * _ i'c. The
market still retains a strong undertone ,
biificU upon steady dlmlshing supplies lu
primary ns well as terminal markets , but
yesterday the surface fluctuations were ir
regular and a tendency in the option market
to sag downward was only checked by the
confident buying nnd bidding of prominent
bulls who came to the rescue. Still another
inllucncu which has been loss prominent bus
beoii the sharp decline In the rate of ex
change In lirnzil , which , although not satis
factorily explained , Indicates disturbance
there of some kind which may aflect the
supply of coffee. During the past three
days about 23,000 bags have changed hands ,
spot and afloat , but there has been very little
tlo fresh buying in Hio , as prices there con
tinue beyond the reach o ! buyers , notwith
standing tbo recent advance , ana besides the
offerings ure extremely light. The sentiment
both hero and in Kuropo Is bullish , and still
higher prices are predicted as the result of
the general scarcity of supplies that is shown
in every direction.
Total stock In United States ports , bags ,
ir > 0,531 ; elearod nt Hio ( iind Santo * 14,000) )
for thi' United States from February 5 to
March 4 , 2i,000 ! ! ; total visible supply , RS3 , .
5.11 ; total visible supply March 12 , ISbO , B2d-
UOO ; total visible supply March 0 , IStoS. ! , -
OOti. Mild colTecs are llrm , with an advanc
ing tendency.
Dried fruits arn nctivo and higher , especi
ally for currants , Turkish prunes , raisins
nnd dates. It : rubber gooUn the advance in
the raw market is felt und priceuro strong ,
with no disposition on the part of manu
facturers to shade quotations. The metal
market is quiet , and there are no now feat
ures of notu in dry goods. Spring trade Is
fairly under way und the outlook appears to
bo satisfactory.
Thu I'rico Current estimates tha expert
surplus ol wheat to be about 8,000,000 bushels
less than stated in the report from Washing
ton. This Is not much In Itself , but It tells
when taken in connnction with recent ostl-
znntos that tbo crop of winter wheat last
yutir was nearly 50,000,000 bushels less than
officially stated.
The C ratio company , steam nnd wutor sup
plies , havn leased quarters In the Ames
building , Tenth und Fnrnaui , and will vacate
their present quarters ou Douglas street
' about May 1 ,
OMAHA JjlVB ssTOCK.
Cattle.
Saturday , March 15.
Uvcolpts of cattle estimated nt 1,000 compared -
pared witli 2,277 yesterday and 1TJ7 last
Saturday. Among .the receipts were some
very line steers , one bunch > t 1000-pound
steers sold at f 4.40. Ono bunch or very line
heifers sold nt ta50. The cuttlo market
opened active and strong with prices gen
erally at an mlvunco , tne moro common
Kruuus udvancud u shade , nnd the
bettor ones So to lOc , and in some cases
even more. The cow market was In full
sympathy with tbo steer market , and sale *
were made ou an active , market at an ad
vance. Some very tine veal , tbo Dost In the
.yard * for a lone time , was ou stile. The
bulk of the steers toid ut and above $3 70 ,
and the bulk of the cows sold at nnd nbovo
$3.50. Hulls continue nctivo nnd strong ,
while feeders on liberal receipts were
stronger , all selling at jauxgajs. All told.
Uoir * .
Estimated receipts of bogs 0,400 compared
with aosa yesterday , nnd 2.H3 last Saturday.
Tlio market opened strong and actlvo at un
advance ot a niokle , stiffened up stronger
and closed weak , with all old at l'i.99 , ubcut
} 'oalorda > 's prico.
Prevailing trlo , i.
Tbo following if n tiblo of prlwi paid In
this market for the graJo * of slock man *
tlonedi
Prlmosmcni , 1SOD to 1000 ffi . . 5.W ( SJI.M
Good steers , 1239 lo 113) Ihs. . . 3.5'J &l.iVi
Good steers , 1030 to IH'JO ITu. . . & 2J fM.8J (
Common 10W to 1150 11. steers. 2.00 fjM.GO
Common dinner * 1.03 OC-.K *
Ordinary to fair cows 1.00 ( E82.23
Fair to good TOWS 1.00 i&2.4 ! >
Gooa to cholco cows 2.20 ( jntf.00
Cnolco to fancy cows 2.03 oM.80
Fair lo good bulls ,1.73 (3aGU .
Choice to fancy bulls 2.0'J ' ( $3.50
Light stackers and fpodors. . . . 2.0(1 ( t/23.80
Feeders. O.V ) to 1100 ttis 2.20 @ 3.50
Fair to choice llzht boss 3.03 M4.05
Fair to ohoico heavy hogs 3.00 3.05
Fair lo choice mixed hogs 3.83 ( ai4,00
Disposition of Htnok.
Showing the number of cattle , bogs and
sheep bought by Iho puckers and leading
buyers on to-day's irmrKot :
CATTLC ,
Huycrs. No.
Swift & Co 41fl
Qcorgo H. Hammond &Co , . 413
Tbo Armour-Cudahy PacKlngcouipany , 400
Omaha Packing company
Lou Hothschild 211
llenton ft Underwood bl
Ncls Morris 117
Shippers nnd feeders. 171
HecKer it Degan..f 203
Sloan k Van X.andt. . . . " . 103
IlOOf.
Shoxvlnc Iho number of liogt bought by
the loading huvers on todav's maruot :
Armour-Cudnby Packlnij company. , . . . 1,300
Omaha Packing Co 7-1S
SwIIUtCo (503 (
George H. Hammond & Co 403
I'or I ho AVcuk.
Showing the number of cattle , hugs and
sliecji bought by the packers and loading
buyers for the wcclc ending Saturday ,
March 13.
CVTTLE.
Huycrs No.
Swift & Co 4.407
Gcorgo H. Hammond & Co 2,231
The Armour-Cudnhy Packing company 2,440
Omaha Packing company. Gl
Shippers nnd feeders 7,231
noos.
The Armour-Ciuiahy Pocking company. 7,014
Omaha 1'acicing company , . ! l,701
Swift & Co 3,070
Gcorgcli. Hammond Packing company. 3,203
SIlEfl' .
Swift & Company" 1. . . 1,102
Armour Ctldahy Packing company. . . . . 391
G. II. Hamuiund Packing company. . . . 3GO
Omaha Packing company 203
J. Hill 212
ljuiveat Sales of
Today. Yesterday.
( Imbcst . $4.05 Highest . $4.00
Lowest . 3.80 J Lowest . S.83
Stock KecelntF.
Onicial Yesterday. Estimated Today.
Cuttle , 100 cara. .2.277 Cattle , 77 cars. .1.030
Hogs. 04 cars. . . .3,050 Hogs , 51 cars..a,400
Sheep , Scars , , . . 5 0
of Prices Una- * .
The following tnblu showj the range of
prices paid for hogs :
Light and medium hogs . $3 95 (5)4 ( ) 03
Good to choice mixea hogs. . . 3 63 @t 00
Good to ctioicu heavy hogs. . . 3 SO ( $3 03
Rnnsc of I'rioen licun.
The following table shows the range of
prices paid for sheep :
Prime fut sheep . ft 40 5 50
Goodfatsheep . S 50 : \ CO
Common to medium sheep. . . . 2 OJ 3 75
Lambs . . . 4 00 tO 00
si * Cim ill lloi.
Thp following table gives the average cost
of hogs on the dates mantionaJ , including
the cost today , as nasod upon sales reported :
Date. Price. Date. Price.
March 1 . ? 3 73 March 10 3 78
Mnruhll . 3 d % March 11 3 SI
Murch4. . . . . . . . JI77 March 12 3 S3
March 5 . 3 74 March 13 3.37'4'
March 0 . ! 1 1\1 \ $ March 14 ! ] 91r
March 7 . 3 7U' ' ; .March 13. , . , . .3
March S . 3
Ararat ; i I'ric 5 > r lio-ji.
Showing the average urice piU for loads
ofhogjoti the cUya indicated in 183 * , 1333 ,
1SSO nnd 1600 :
Comparative Tallies.
The follo'vintr ' tioloj shiw t'aa rjiia in
prices on liege durinc thli an 1 list
Days. This weak. 1 Last weak.
Monday 'JOS
Tuesday.
Wednesday K ) c i no m 7r.
Thcrsdny. ' . . ai © ' ) B >
Friday .1 n ; © I U ) 3 01 W HI
Saturday. . . . 3 0 lit i a > 3 tf ) JJ3 BO
licprcHcntatlvo nlcs.
&TEE1I3.
No. Av. Pr. No. AV. Pr
2 1230 ? 3 23 20 1143 53 80
12 GIO 85 20.1101 3 SO
20. . . . .1M4 3 34 1107 3 M
.I. . . .ur < 2 3 4'J . .1103 3 SO
07. . . . 3 40 , .123'J 3 W )
20. . . . IH3 3 60 20. . .1033 3 SO
20. . . . .130 II 50 41. . 1103 3 UO
1. . . . ,110(1 , ( 3 50 23. . .12711 3 00
1. . . . , WX ) 3 CO 'M. . .USO 3 IK )
S. . . . ,1137 , 3 GO 11. . .1220 3 U3
1. . . ,1171) , ) 3 53 20. . .1211 4 00
IB. . . . 1UU 3 53 IS. . .1373 4 IX )
13. . . IttfO 3 55 37. . .1183 4 00
20. . . 1015 3 GO f > 0. . .1301 4 05
10. . . . 1000 3 OJ . .1232 10
11. . . . 11S1 ! ( ai 37. . .13211 15
10. . . . 1121 10 15
23. . . . 1015 it C > 5 13
20. .1100 : i o IX ) 20
wm 30 10. . . . .1102 t 30
20 . . .1315 4 U
'
2'J. . . .1178 40. 4 30
IS. . , . .115 } 10. .113U 4 35
10 . 1'JiS
cows.
1. .1000 2 00 .1300 2 50
10. . OS , ' . i ! 00 .1130 2 GO
1. . 000 2 ( X ) 10O . b7S 2 00'
14. . ' .H17 2 00 O 1000 2 05
.1 . b-SO 3 00 10 ! 1013 2 05
T ! .1103 2 10 u. 3 05
4. . lf.7 2 15 25. .10-.M 2 70
10. . 040 2 25 .1295 2 75
10.r
r > . . 001 2 30 S. . .1205 2 75
18. . OiO 240 1. . .12110 2 75
18.S.
S. .1110 240 12. , .1003 2 M )
3 , 240 31. . .lOOlt 3 SO
3. . 050 2 40 23 , . .1152 2 S3
0. .101)1 ) 2 45 I. . .USO 2 IW
0.I
I .1130 2 M 5. . .1040 2 00
11. . 070 J 60 S . .1102 3 00
0. . Wtt J CO 1. . .UMO 3 00
2J. . 031 2 50 B. . .1073 3 00
HULLS.
3. .1115 3 00 1. . ,1510 2 SO
1. .12.V ) 2 00 1. . .1710 3 Oil
1. .1210 3 00 1. . .1500 3 00
1. .1420 2 05 1. . .14SO : i oo
I. . 400 2 10 1. . ,1020 3 00
4 , .1400 2 10 1. . .1700 3 00
1 IWX ) 3 10 1. . .2100 3 00
1 , 1400 225 1. . .13N ) 3 00
7 . . . .1M7 3 40 1. . .10VJ 3 25
1 . . . .IblO 200 1. . .2070 3 50
1 . . . .1700 3 00
rCBDBUS ,
10.J. . .1007 300 2 . 875 3 35
J. ,1000 3 10 25 MU 3 35
10 . 015 'I 15 4 .1050 33K
13. . 780 3 15 4 .1053 3 37H
3. , 017 3 23 5 , . . . . , , . 001 345
3. , SIC 3 85 23 . 013 3 45
CANXIM13.
l.s. 040 175 3 , .1010 1 85
4 1017 175 2 * . 075 1 00
40 l 180 2 , .1040 1 00
4 . .1013 1 65 1 ,11SO 2 20
BTOCKKUS.
4. . 035 285 0. . . . , . , 771 3 00
21. . IW1 300 2 430 2 00
1. . ( WO .300 8 , 740 3 20
CALVHS.
. 00 450 S 90 550
. 123 500 7 , 1S7 b 50
. 180 625 1 , 120 5 75
. HO 5 W
WOX
OX EX.
,1120 225 3 , .1300 300
TKinWNf.S.
D .473 175 3 CM 323
STAGS.
3. 1700 320 1. . . 1540 a 33
MtSCD.
20 1009 300
HE1FBR4.
S 775 2 15 CO .053 359
WBSTCrtX CATTLE.
Owners. No. Av. Prico.
On tlio Market AVith H.nnk. ( '
CATTi.n Patrick Uroihcrs , Nlckorson : I.
Livingston. Crescent , In. ; J. T. Robinson ,
Lovcland , la. ; L. W. Adams , Logan , la. : D.
W. Austin , Ncola , la. ; Harris & U. , Han
cock , la. : J. J. Dohcrty , Dunlap , In. ; J. H.
Hnstie , Eagle ; L. U. Heal , Superior ; W. E.
McCloud , Indlanoln ; Votaw & U. , Curtis ;
T. Powers , J. Koch , Sulion : Paxton & D. .
F. Wright , Geneva ; J. Frestrom & Co. ,
Mai mo : J. Sugdon , Syracuse : M. L. S. com
pany , Wood River : F. H. Parks Bancroft ; J.
ICesslcr , Kessler & Lenslng , Oakland ;
W. H. Humphries , Module. In. ; Thomas
Price , Tnaycr ; A. E. Tunbcrg , Hooper ;
William Humphrey , C. iJrelthbaibj Udrrfttt
& Haris , Hecmcr ; F. J. Hale , UasscttJ. ; .
Skirving. Sstuart ; J. U. Hrooks , York ; 'A. n.
Louder. Mason ; Roonoy < fc Co. , Brayton ;
J. W. Nicholson. Mnrqucllo ; H. Blumer ,
Clmlco ; J. H. Brooks , Hradshaw.
lions J. F. Falrman , Axtol ; Thomas Pow
ers , Sutton : H. U. Ogg. Fairmont ; E. J.
Ferguson , Friend ; Walker & D. , Waverly ;
John Frostrom & Co. , Malmo ; C. L. Cralg- _
head , Wnhoo : A. Laverty , Ashland ; A. W.
Jobtison , Looinis ; MonkiSc AndersonBlaneh-
urd , la , ; J. H. McArthur. Lexington ; Ander
son itJ. O. Holmqulst , Oakland ; Smith &
M. , Blair : Garnet & Oirdon , Mondamin , la. ;
Thomas Price , Thayer : Bcodbd'm & S. ,
Dodge ; L. B. Shephard & Co. , West Point ;
J. O. Mathewson , & . .Co. , Pligec ; F.
.1. Halo. Basselt ; JT B. , Sadgstor ,
Newport ; James S. Kin-ing , Stuarjvp.V. .
Braasch , Norfolk ; A. R. Louder 3 Mas-
son ; John L. Glade. Anselmo. Neb. ;
John Dern , Hooper ; W. Dworak , Verdlgro ;
Bush Bros. , Correll Bros. & 'Co. nnd Davtson
& M. , Croighton ; Peterson Bros. , Honey
Sprecher , Dennison , la. ; Lu Beal. Superior ;
13. F. Slllloy , Tobias ; Thomas & C. , Ohiowa ;
Taylor & B. , Broken Bow ; First Nallopal
Bank , Ravouna ; A. J. Adams , Bradsbaw :
Hoitsus L. S. East , Omaha , Neb.
Market Mention.
W. H. Brown was over from the Bluffs
with n car of catilw.
George T. Clark was in from1 St. .Edwards
with a car of cattle. i
W. B. Bell of Tabor , la. , bad a car of cattle -
tlo on the market.
"Genoa Grain and Cattle compauy had a
cur of hogs on market.
Mr. Votaw of Votaw & Bishop , Burtis ,
was at the yards with a car of cattle.
Harry Robinson , ono of the most frequent
visitors from the "Pronib" side of the river ,
was hero with a cur of cattle.
The genial face of Mr. Garnet of Garnet &
Ogden , Mandarain , la. , was seen at the
yards , nnd ns ho never comes empty handed ,
the hog receipts were increased one toadby
bis visit. ' *
G. Brodenburg of Molrno was in with hogs
and two earn ot cattle.
John Lemke , an every day shipucr , mar
keted no > , /rum Millard.
Lu Beat , n successful catllo dealer nnd
feeder of Superior , was on today's market
wilh two cars of cattle.
The report of sales in Friday's paper of
the Standard Catlle compaay ot thirty-two
and thirty-one steers at S3.70 nnd ? 3.10 , was
nn error , no such sales being made. The
error occurred by publishing purchases
made by instead of sales by the Standard
Cattle company.
Now York Dry Gnndq Mnrkft.
NEW Youi : , March 13. [ Special Telegram
to THE BEE. | Stormy weather , curtailed
trade in dry goods as regards transactions
on the spot , but jobbers did a fair business
under the circumstances , while agents re
ceived the usual volume of small orders by
mail for replenishment. There was no
change uud no now features to the market ,
Arn X on ( Jolnir
To any point oust , west or south ? Trav
el viu the Burlington routo. TMoprnntly
oquiopod vestibules trains of Pullman
1 > alfi. < : o sleopinp cars , reclir.inp chair
cars , scats free , dining cars and. , day
conches run daily from the Burlinjj-
toii'u own depot in Omaha , thus avoid-
Inpr transfers.
Trains leave Omaha ns follows : To
Chicago , Pcbria , St. Louis and the onst
9:4o : a. m. , n:15 : p. m. , 9:15 : p. in. ; to "Lin
coln , Denver and the west 8:50 : a. in. ,
10:05 : n. m. , C:55 : p. m. ; to St. Joseph ,
Kansas City. St. Louis nnd the south
0:3-j : a. in. , 0:45 : p. m. Ticket olllco I'JiJ
Farnam stront , and depot 10th nnd Ma
son sts. , Omaha. *
GJIKAT UKIIUCTION IN RAT 133
Vlnihc Wnltaxh Rnllroad.
In order to make room for our spring
stock of tickets the Wnbnsh will.today
comnienco thuir great clearance Biilo1 6 (
railroad and steamship tickets to all
points oufat and south ; also to and from
nil warts of Europo. Call early , or
write , and sccuro tickets and sleeping
car accommodations at Wubash olllco ,
1501 ! Fnmum street , Omahii. < n
G. N. CLAYTON , Ticket ngont.
California Kxcnrsions.
Pullman tourist sleeping car excur
sions to California and Pncillc coast
points leave Chicago every Thursday ,
Kansas City oyor.v Friday via the Santa
Fo routo. Ticket rate from Chicago
$47.60 , from Kansas City $ . ' 15 , sleeping
war rate from Chicago $ i per double
horth , from Kansas City $3 per double
berth. Everything furnished except
muals. These excursions are person
ally conducted by experienced excursion
inunagort ) who accompany parties to
destination. For excursion folder con
taining full particulars and map folder
nnd time table of the Santa Fo route
nnd reserving of sleeping car berths ,
address S. M , Osgood , general agent ,
E. L. Palmer , traveling ncont , A. T , &
S. F. railroad , 1308 Fufimiu street ,
Omaha , Nebraska.
The Only Ono.
The Chicago , Milwaukee & St. Paul
Railway is the only line running solid
voBtibuled , oloctrio lighted and steam
heated trains between Chicago , Coun
cil BluITa and Omaha.
The berth roadjng lamp feature in
the Pullman sleeping cars run on these
lines is rxUentod and cannot bo used by
any other railway company. It is the
great improvement of the ago. Try it
and bo convinced.
Sleeping cars leave the Union Pacifier
depot , Omaha , alii p. m. dally , arriving
ut Ohicneo at 0:30 : a. m , Passengers
taking this train arc not com polled to
got out ot the cara at Council Bluffs and
wait for the train to bo cleaned. Get
tickets nnd sleeping car berths at Union
ticket olllco , 1601 Parnuni st.
P. A. NAsn , Gen , Agt.
J. E. PKESTOtf , Pass. Act.
THE SPECULATIVE MARKETS ,
Trndlngr In Wlioat | | rso and Prloos
Again
wL
CORN ACTlVt- NARROW LIMITS.
A Pair Ilutlncss Trammeled In May
Oats An Unsettled Fccllns In
I ro lslon Afl $ ootl Cat-
CHICAGO WlOllirCB .HAUItET3.
CHICAGO , March 15. ( Spticl.il Telegram to
TIIK Hun. ] Trade In wheat was quite largo
nnd prices again reached n higher point.
The market opened oxcllsd and
higher than yesterday's closing , declined
rallied Jtfc , fluetualod nnd closed
higher ihan yesterday "Shorts" were
ngain quite nervous and * anxious to cover.
At the same time there was considerable
wheat for sale at top. prices , which caused n
reaction and bold the market In check , The
short Interest has covered very freely the
past two or three days , having become some
what uneasy on account of the cold
weather and the numerous reports received
of damage to growing crops from various
winter wheat sections. Advices from Ken
tucky report the ground full of water and
freezing weather In that vicinity. Kansas
nnd 'Missouri reported cold woathor. A
letter from Michigan , received from reliable
source , said wheat was looking bad nnd that
millers In some sections had difficulty tn
gottniR all tho'xvhoat they wanted to grind.
Corn was fairly active within narrow
limits , the market ruling sotnawbnt stronger.
The firmer tone was due , us much as any
thing to the rather free purchases of May
by a largo shipping house , though the advance
m wheat had some Influence. Local receipts
exceeded expectations oy about fifty cars ,
and the grading was good , ana arrivals , no
( oubt , will continue very good owing to the
colder weather. Domestic ; markets showed
slight gains , but cables' showed no daedal
change. The speculative maruct opened at
* 6c bettor than the closing prices of yester
day , wasllrm and advanced a tnilo , changed
but little and closed a shade better than yes
terday. Cash property was in moderate
request , offerings fair and tbo market firm
at yesterday's outside prices. No. 2 was in
fair request ana sold * at MJftr SHe and
closed at 29(32SKo. ( No. 2 yellow sold
sparingly nt 2s e and closed at 23 , ? c. No. 3
was quoted nominally , depending on looa-
lion. at2027c.
A fair business was transacted In May
oats , but other deliveries were quiet and
steadier. May fluctuated i c and showed a
llrmcr feeling early , prices advancing a
triile. but later In the day receded % < < oXe
"
on liberal selling by a large operator , "who
hat been the heaviest seller all \vcok.
Tiioro was fair buying on the decline and tbo
murffct closed steady. The demand for car
lota In store was slightxtfid " prices for No. 2
nominally 20X@21c. No. 2 white fo r May
soldatS c. , , ,
Trading was only moderately active in
the market for hog products , but tha tcei-
ing was unsettled aid'j ' prices ruled with
more than usual irregularity. Receipts of
bogs were moderately lar'go for the closing
day of the week , but prices ruled higher nt
the opening. Puckers , > Jio waver , were not
disposed to follow the advance uud an easier
feeling prevailed laterlrln the day. The
course of tbo marketer products was to
some extent governed oyt the hog market.
At the opening the feeling was rather lirm
and slightly higher pHofts were realized for
some of the leading article ) . Offerings ,
however , were enlarged , operators antici
pating nn increase ' of Ct > per cent in the bog
supply for the coining week com
pared with the nrritals for the cor
responding wool ; in 18S9 , basing their
calculations that the improved roads ; iitl ) ( .tiq ,
recent ndvnnco in prices will encourage
farmers to sell more Irccly. Tina had a
weakening influence .ont the market and
prices gradually receded to the iusido rango.
Later in the day tbo market again showed
more steadiness and prices rallied slightly ,
but trading was only modnrate. Toward
tno close. a weaker feeling was aguin devel
oped and the market closed rather tame , in
some instances at the inside figures , Trad
ing was mainly in May and July deliveries ,
xvith preference given to the former. Buy
ers were alow to take hold in view of the
nervous fooling in the speculative markets
ana sellers wcro not pressing their property
for sale.
CII1OAOO LtlVG 91'OOIC.
CHICAGO , March 15. fSpecial Telegram to
Tun 13EE.1 CATTLK The few cattle in the
hands of receivers sold early and at steady
prices. About halt the fresh receipts be
longed to the dressed beef trade and nearly
a third of the ofllerings were Toxans.
Everything of any value at all In the beef
line was disposed of and tbo general market
closed steady. A consignment of Texans
sold at$3.50 and averaged 033 IDs. There
wcro quito a number of slockurs end feedora
left ana pnccs are rather lower than at tbo
close of last week. Medium to good steers ,
13.10 to 1500 Ibs. $ tOO4 75 ; 1200 to 1350 IDS.
? 3.50@4.25 ; 930 to 1200 Ibs , 3.30rt373.
Stackers and feeders , 3-i5U3.05 ( ;
cows , bulls and mixed , 9l.iV > @ 3.20 ; bulk ,
S3 00@2.40. Texas corn-fed , $3.UO@3 70.
Hoas Not for many months Aias there
been such a breeze in the market , and not for
many months was there such a collapse.
Speculators ulmout rail over each other at
the opening , such was their anxiety to get
in , nnd nt the close ran over each other to
get out. Those that sold early made a little
money , but those that held on lo t more than
they ID a Jo. It was u speculative market uud
bit the dust at last. First sales showed an
advance of B@lOc and buvers lor
packers took to the woods , or rattier the
fences , and there stayed until thu wild spec
ulator had all he wanted , many getting more-
than they wanted , nnd at the closn tlio range
was only ? 4.20ffl4.25 , against if .30@4.35 early ,
the market closing weak with about 3,000
left , as there wcro only about 12,00.1 sold.
Salesmen that had into arrivals could barely
get a buyer to look at their stock unless ho
named the price. Some hogs thr.t wore bold
at fl.3.--l.40 during the excitement of tbo
morning , were offered at f4.25@4.30 and no
takers at the close. Light sorts sold largely
at * 4.23@ 1.BO.
K1NANC1AU
NEW YORK , March 15 , | Special Telegram
to TiiBliEE.I STOCKS , 'fjljp mcctmaof stock
operators last night do ijpcd nothing new
The market has not rcspp dcd to the events
of the week as it was h isonably expected.
Traders do not catch t full Importance of
the Uurltnirton purchase jTlio money ques
tion still bungs over thomnrliot. The boars
nro Ihunkful that they , jiavo not boon puu-
ishud worse and thobuliH feel secure because
no long stock of Iinporuifcu has come out
' *
for a few days , and Itj's argued that they
need only wait for , " 'tbo public to
corno in , when alp , values will
huiro an advance , jji'bo uncertainty
about the bank statement , , 'cauaed hesitation
and heaviness early. Fjjstj prices generally
showed small losses froih last night's ilg-
ures. The tone of carjy t/callugs / , however ,
quickly changed for the UfUtrr and a general
Improvement took place. Heading was tbo
most conspicuous stock In tbo trading at
first , bat later Luke Shore came to the front ,
and , scoring a gain of 1 percent , became
the most prominent stock on tbo list. Sugar
also displayed marked strength and after
upcnlng down % per cent at 0V , rose to 07.
Manhattan , on a small butmcss , shot up 1
per cent to 10S % but tbo rest of the mar
ket was quiet and moved within
narrow limits , Tennes 0 Coal was the only
exception and alter a doclluo of 1 per cent
from last night's figures to 47 > * a it rose to
4S/c. Tbo bank statement vras cot an Im
portant factor and reserve * showed lean
tnan 11,000,000 decrease. Tbo market closed
without Important changes. Grangers and
Coalers were narrow and steady , " As far as
any victory Is oincorned the market for the
day and week was about n draw.
The following worn the closing quotations !
lB. . < rszul r. I2I 4 Northern 1'nclOe ! > '
U,8. < 4coupon * , .l H < doj > r rerrsa . V- !
U.H.4 < i9r TUll r iat4 UA N. W . 110
U.8.4Hscaapoa < . | ixi ) ! doprefarroa . Ml
Pmclrtcftiofi } , . . . | I8 i N.r.Oentral . 107' '
Cfntral I'ttcldo. . . . 3CSl' | . D.K . . . . .
Chlcano * Alton , .IW | lloctc Island .
Chlcaro.turllngt ! < > n < ( . ' , . M. A St. P . . CT
Qalncr . 10Ji ! , door rerr a . . . . .Mu }
P..L.AMV. . . in.-.J.'sU'aulAOmnhn. ' . reS
llllnolsOutr&t..lJ'i ! ! aoprnrtirrea . . . ui
I. . H.&W . tTnlon Pacltlo . M ) {
KonsiuHeTexai. . . . ! 0 > i\r..Bt. I * . ! ' . . . . . , . 12h
e . 107 nopr8forrtl..i >
Michigan Central. . 07Ul Western Union. . . . MS4
MligourU'octnc. . . . 71 I
MOXET ox CALF. Easy with no loans.
PBIMB MBitCAXTi.B ( PAt'Btt 5Ka7 > par
cent.
STKKUXO EXCHAXOB Quiet , steady ; sixty-
day bills , JI.Sl ; demand , 84.SW-
PKODOCK .M.UUCEIM.
CnicAOo. March in. . t :13 : D. m. oloso
Wheat Easy ; March , 70 > fo : May , boo.
Corn Steady ; March. 28j c ; May , SflVc.
Oats Easier ; March , 2Icj May , 2I , fc.
H > ; o Match , 42c.
'
Ua'rleV tNothlng doing.
Prime Timothy $1.20.
Plnx Cash , $1.43.
Whisky 1.K. (
Pork- Steady ; March , I10.33K ; May ,
10.C7K-
Lard Steady ; March , fO.03 ; May , $0.10.
Flour Nominally 10tfi5c ( higher ; winter
wlieat. ! .UO(3 ( 1.4.0 ; spring wheat , W.7'C ? 4.CO ;
rye , $2.00 ( < 2.SiO ; buckwheat , 75c@fl.00 per
cwi ,
Provisions Shoulders. 8I.40@-I.CO ; short
clear. ? 5.35jtt5.40 ( : short ribs , March , 15.03.
IJuttor " Steady ; creamery , 10@25o ; dairy ,
.
Eggs-tPirm : fresh , 12@13c.
Checid Full cream cneddars nnd flats ,
OK10c ; Yotiny A'morlcas. 10.if@ll c.
llldos Steady ; heavy nnd light groan
salted , 4X@4fc ! ! ; salted bull , 3)/c ; green
salted calf , 5 > fc ; dry Hint , ( 7c ; dry salted
bides. Oui dry calf , 5@0otieacons ; , 20c each.
Tallow Steady ; No. 1 solid packed , 3'/c ;
No.a.Stici.cako , 4c.
Ileceints. Shipm'ts.
Flour. , . 13.000 10.000
Wheat . 13,000 10.000
Corn. , . ; . 257.000 200,000
Oat- . . . . 91.000 110,000
Now York , March 13. Wheat Receipts ,
12 , 100 bushels ; exports , 43.000 bushels ; spot
higher with Options quiet ; No. 2 rod , BSJ/O
SS > q etpiaVor , 6Qio afloat , S9KC191C f.
o. b. ; options on up No. Z rod , March ,
closing nt 8SR'c.
Corn Heceipts , 19,200bushels ; exports ,
49,700 bushels ; spot firmer ; No. ! 3 , ' 30 # @
30-tfo in elovntor , 37 > @ 37n0'o afloat ; un
graded mixed , , ! j933u ( ; options steady ;
iMarcb , 803 c. , _ "
.Onts Ueceipts , 33,000 bushels ; exports ,
21.950 : spot steady ; No. 2 white. 29 ft3lc ;
mixed western. 27g30c ( : white do , BU ( < i33c ;
options Eteu .v ) ) March , 2s' < c.
Coffee Options closed steady end 10
@ 15 ] | > oinls up. Sales : US , 750 bags : March
S18.Q1 ; .May. $17.05@17.SO ; spot Uio llrm ;
fair cargoes ? -0.50.
Sugur--Haw , firm : 'ofinod , lower.
Petroleum United closed , April , OO c.
Eggs Steady ; tvestoru , 14c.
Pork Stronger ; now mess , Sll.00@ll.50.
Lard Easier ; western steam closing at
$0.50 bid.
butter Steady : western dairy , 3@lSo ;
creamery , 12@2Cc ; Elgin. 27S274c. (
Cheese Firm ; western , 10@12c.
St. IjouiH. March 15. Wnoat Higher ;
cash , 77Jio ; May , 77 > (377 ( c.
Corn higher ; casli , 25 > | c ; May , 2ti c.
Oats Higher ; cash , 2u o ; May , 2
Pork Steady ; * 105u.
Lard Nominal ; 85.90.
Butter Active ; creamery , 23c ; dairy , 20@
22 c.
1 , 'Mllwnitlco ? , , March 15.-Wheat-Stronger ;
No. 2 spring , cash , 72X@ ' oi May , 73 c.
Corn Steady ; No. a , i c.
Oats Steady ; No. 2 , white , 23c.
Kyo Firmer ; No. 1. 42@J2c.
Uurloy Higher ; No. 2 , 41u.
Provisions Lower ; porK , flO.40.
Atiiniuupolii ) , March 15. Wheat
Hbghcr ; receipts , ICG cars ; shipments ,
33 cai-s. Closing : No. 1 hard ,
March. 78c ; May , Sic ; on truck ,
"I'OiOifc : No. 1 northern , March , 7C c ;
May , 7s.Jjic : on track , 7Sc ; No. 2 norih-
orn , March , 7tffo ; May , 70j c ; on track ,
Uiiiumiinti , March 15. Wheat Firmer ;
r n. 3 red , 7.c.
Com Active ; No. 2mlxed,3le.
Oats Quiet ; No. 2 mixed , 23C < ? 21c.
\\hwk.\-S1.02.
linns w City , March 15. Wheat
Higher : No. 2 hard , cash , 03c ; No. 3 hard ,
OG&c ; red , 70c.
Corn Steady ; No. 2 , 21 'c.
Oats No. 2 , cash , 18 > c.
Ijivonioo , March 15. Wheat Firm ;
demand poor ; holders offer sparingly ;
California No. 1 , 7s 2d per cental.
Crn Quiet ; unchanged ; new mixed
western , 3 * O d percental.
H1OU1C.
Cnlcaio. March 15.-Tho Drovers' Journal
reports as follows :
Cattle Heceipts , 2.000 ; shipments , ;
market Steady ; stackers and feeders , 32.50a ( ;
3.U5 ; cows , bulU and mixed , SLOO X''O ;
Texas corn-fed steers. . * 3 OJ@4.1o.
Hogs Heceipts , 15.0UO : shipments. ;
market weaker ; mixed and light. 14.30 ®
4.33' < f ; heavy , $4.20@l.40 ; skips , * 3.40a)4.15. ( )
bQnep Receipts , 1.8JO ; shlpmonu , ;
market steady ; natives , $3.50t5.90 ( { ; western
corn-fed. . 'JJ'a/S.CO / ; Texans , ? 3.90 ( < i5.10 ;
iatnbs , fo.OO@iJ.yiJ.
Mluux City , March 15. Cattle Receipts ,
700 ; shipindnts. 930 ; market unchanged ; can-
tier * , 75cHfl.25i ( cows , $1.00 1.25 ; stock-
era , J1.50MJ.25 ; feeders , fJ.23@2.90 ; veal
calves , $2 00 ( < r3.15.
Hogs Uecuipts , 1,500 ; market opened
& @ 10o higher and closed losing advaace ;
overythiug , M.97 > i@4.10.
KnimiiH UityMarch 15 Cattle Receipts ,
2,000 ; shipments , 1,000 ; market strong ami
hicncr ; steers , W.0@l.bO ; ! ; cows , $1.SO@
3.00 ; stockers and feeders , ; 2,00 < i3.CO.
Hogs Ueceipts. 4,300 ; shinments , 2,400 ;
market higher ; nil grades , ? A05@4 10.
\uilolinl StDOK liit-d. , ' , -nt St.
IJDUIO , March 15 , Cattle Receipts , ( ! UO ;
shipments , ; market steauy ; fair to
fanov imtivo st'-ers , $3.30V4C.OU ; itockors
and feeders , 2.20 ( < j3.CO.
Hogs Koceipts , 1,200 ; shipments , 1,0'JO ' ;
market higher ; heavy , $1.101.20 ; packing ,
$4.05 ® 1.15 ; light , | 4.00 ( < j4.SO.
\Vookly llnnk
New yoiiK , March 1ft. Special Telegram
to TUB UEK. | The weekly bauk statumont
of the associated banks shows the following
changes :
Reserve , Increase $ 830,450
Loans , decrease 1,54S,000
S | > eclo , increase. . 1,104,4U < )
Legal tenders , increase 353,000
Deposits , decrease 3:25,000 :
Circulation , mcrcaso 47,000
The banks now hold $1,050,800 In exre * of
tbo 25 percent rule. 'Iho exports of upecio
from the port of Now York last week
amounted to I3J7.400 , of which $125,300 was
gold and $202,100 silver. Mlio Imports oC
specie for tbu week amounted to ! 32,912 , of
which f-.W.OlO was In gold and r 5,3U2 silver.
The Mobrara Delegates.
Tbo following self-oxplaaatory circular
has been issued by tbo real citato exchange :
"Tho committee of business men from
NIobraru who are on their vruy to visit tbo
olllcials ot the Chicago & Northwestern rail
road company to present the wishes of their
people for an extension Of the Fremont ,
Klkhorn & Missouri Valley railroad to their
city , will bo In our city Tuesday , the ISth
lust. It Is the desire of tbo
real estate exchange and the. interest
of every Omaha bUktoesi house that this Una
bo extended , ana to that end wo mvlto and
urge every llrui to attend a moating of the
exchange Tuesday forenoon at 11 o'clock , to
in cot this committee , and to indicate to tbom
that wo dcslro commercial intercourse with
them a strongly ua they wish us , and to en
dorse und co-operato with them In their en
deavor for tbo construction of this lino.
OMAHA'S BIG OPPORTUNITY ,
The Advnntagoa Which n Road to
Nlobrnra O flora
A GATEWAY TO RICH TERRITORY.
-
The Situation Thoroughly Rtplnlncil
lly n Kclinblc Correspondent null
n Few FlRiirca Given Knots
to Consider.
A Oront Clmncc.
NiouiiAitv , Neb. , March 14. ( Special to
TUB UCB. | A dot pn the mno of Nebraska
at the mouth of the Niobrara river , thu
state's second largest stream , Is now attract
ing the eye of Omaha. Last year TUB UCH
correspondent was detailed to show this
country up In Us true light , with a view of
making U ono of the crossings for Omaha to
reach tha laud of the Uauotas. Kncouragod
by these various articles to TUB LCK ) the
business men hero put forth their best en
dcavors to carry thu plan Into effect , and
finally secured a hearing before Prcsldonl
Hugbilt of the Chicago & Northxvcstorn
lino. Ho bold out to the committee a fntnt
hope lhat Niobrara could look for the exten
sion of the Fremont , Elkhorn & Mlisorl
Volley ralhvay Into Nlobrnra , but would uot
give a Jato.
Ono barrier in the way of Its extension
from Vcrdlgro , twelve miles distant , was
tba old grade of the Chicago , Milwaukee &
St. Paul railway. Attorney General Lcese ,
however , in a letter to the writer , held that
the gindo could bo condemned , und the case
was turned over to legal hands and the Mil
waukee people relinquished tbolr right to
the grade without any hesitation or struggle.
The rlght-nl-way was again necured , and F.
13. Honnoll can Nlobrnra thank for tho'phnso
of the present situation. Ho has worked for
Mlobrara without pay , nnd Nlobrara hopes
ho may bo liberally rewarded by the com
pletion of the railroad to Niobrara in time to
sccuro the fS.OOO bonus , right-of-way and
depot grounds.
Omaha has n right to feel that
Niobrara furnishes the gateway to a now
country rich In resources to feel that be
yond there Is a beautiful land filled with a
productive class of farmers and thriving
cities , in Tun DEE'S former lectors its cor
respondent has stnvcu only to call attention
to possibilities. Now that Omaha has
reached an understanding of those possi
bilities in general , it Is thu purpose of this
letter to bring them down in detail so that u
business body may figure out tno probabili
ties.
ties.Tho
The great cry of Omaha has been to tap
thu Dakotas. Take a map nnd run the oyu
over the Elkhorn Valley system , then over
the Omaha line to the north , and what do wo
find } Ono taps the great coal fields nnd cat-
flo ranches of Wyoming , the gold fields of
thu Ulack Hills line intervening
, a agriculture- region
tervening , and it , with its branch fruin Nor
folk to Verdiijro , twelve miles away , on the
edge of the "famous Dakotus. The other
goes to Sioux City und St. Paul , two rivals
in trade.
S Fo'n Randall , Ponca , Sautoo nnd Yank ton
agencies are near at Imtia , and the supplies
for all co m o over the Milwaukee line and
are rcshippcd from hero either by steamer
or wairon. Secure tbo Elkhorn Valley to
Niobrara nud Omaha has a meausof shipping
to these points. The smaller towna sur
rounding , smco the interstate commerce law
makes Niobrnra a Missouri river point , have
their goods shipped hero from Sioux City ;
which is * by no moans of iuconsiderablo
amount and will bo greatly increased as tbo
country develops. The trade heyond is ono
of the probabilities. Uut the outputof cattle
nnd hogs , with Omaha as the uinrKet , can
scarcely bo estimated , and the assurance of
this trade is not questioned. These nra gen
eral hints which can only bo developed by a
well regulated system of push.
Now coming to Niobrara last year's busi
ness , TUB Br.i : correspondent lias taken the
principal business men and figured with them
the number nf car loads shipped in nnd out
by rail , and finds tbo following result :
Import. Export.
No , cars. No. cars
Wilcox Lumber Co 100 25
13oncstecl & rurnorgeneral mer
chants 40 3
B. Hade & Co. , pork packing and
live stock 75
F. Opoceusky , general mer
chants 12 4
A. D. Yautis , hardware and coal 15
O. F. dough , general goods. . . . 10
J. C. Thomas & Co. , groceries. . 10
Longer Bros. , agriculture und
live stock . . . . . C 7
C. Marshall , general goods . 8
V. Hoizdalok , furniture . 4.
C. Stein , furniture . 4
V. Siasor , groceries . 2
William Liimont , general goods. ( > 1
Two drug stores ( estimated ) . . . . 1
Four saloons ( estimated ) . 2
Niobrara brewery . 5
Niobrora Canning Co . 1
Miscellaneous ( estimated ) in
cluding immigrants ana towns
and small stores , . . . . . 20 2
Total . 239 110
This IB low , and I believe that the estimate
too low. In n recent conversation with Cap
tain Joseph Leach of the transfer boat hero
ho says that the average crossing is ono car
a day. Much of the stock from hero is driven
to the Elkborn Valley road , which of course
Is not. credited to Niobrara. In the opening
of this now country it can easily bo seen Hint
the trade can bo increased.
NIobrura has water powers of unlimited
capacity. The chalk stone bluffs of the aatno
materials as Portland cement , is manufac
tured at Yank ton , abounds near Niobrara ,
nnd capitalists bavo looked at this point with
a view of puttint ! in u plant.
NIobraru is in earnest and holds out a
grand future for Omaha.
Twenty Hvo years of inaction bavo finally
persuaded Omaha that the accepted time has
come.
This is Niobrara's first visit to Omaha In
this capacity.
Omaha can o'd ' to settle n great question
nest Tuesday.
Arouse I
Itcaltv nnd limldinc N
W. T. Sweeny yesterday purchased the
desirable property known as the Chapman
property , at the northwest corner of Six
teenth and Jackson streets. The lot is 0(1x83 (
feet und was purchased for Sil.OOO In cash.
It is Mr. Swccsy's intention to erect a model
four-story erick block of stores nnd ( In , is on
the property to cost nt least $ iO,00J. ( Work
will bo commenced upon the structure ai
soon as plans can bo drawn. Thu nalo was
made by Charles Sweesy.
P. M. Mullen hai purchased the throe-
story brick block of stores and fiats at the
southwest corner of Sovontonnth and Cum-
injf streets , and the real estate , 00x132 , for
{ 50,000 from John Urcvoort
W. S. Wrlirnt , u member of the llrm of
Rector , Wolholmy Jb Co. , bus purchased the
lot at tno northeast corner of Month uud
Jackson lor $75ouo.
M. O. Maul ban bought John C. Droxol's
one-half Interest in fourteen lots in Drexel &
Maul'H HUbdlvision for $12,000.
C , E. Stratum paid US.OOO for eight lots in
lirlggs Ploce.
K H , Hosiers ! ms purchased 60 loot of lot
, r > , blocic 200 , Fourteenth and Marcy ulroois.
lor $11,500.
Arthur East paid 812,000 for lot 0 , Roes
Place ,
Judge J , J. Neville yesterday refused an
offer ol $130,000 for his lot at the corner of
Sixteenth und Dodge streets with it frontage
of CO feet oil Dodgu. Judge Neville suy the
property is not for sale , an ho proposes to
carry out his already expressed intention of
building u handsome hotel ou tbo corner
when the now potloftlca 1 * built.
Tbo Northwestern IShotand Lead "company
has purchased three lot in Kcuntzo & Ruth's
addition near Seventeenth and Mason
atroots. The company will build a commodi
ous brick shot tower on ono of the Iota ut
onto , the enlargement bolng necessary to
accommoduto the increasing business. It is
also proposed to start another brunch of tbo
business on two of the lots , und a company
is being ortrauued for thu purpose.
The Paxton & Viorllui ; Iron works people
have aiijUo u purcbusa which now elves thorn
possession of all of the ground txHweun
Seventeenth nnd Nineteenth strceu and be
tween Ibo Union Pacitlu and U. & M. trucks.
The purchase was made of Joseph Lcli of
Germany for $15,000 nnd wn for the pur-
posoof enabling the company to make ox-
tonslvo addition * to It * plant nt nn early
data Llko all other manufacturing Indus
tries In Omihn this ono Is prospering ,
Porter Hrov & Co , ot ChlcuVo , wholesale
fruit dealers , Imvo bought ground on Jones
struct , between Eighth ami Ninth , nnd will
erect u largo warehouse on the property this
spring.
Work has been begun on the foundation of
the American National bank building lit the
corner of Fifteenth nndDodgo , the lto oc
cupied so many years by J , II. McSlnuiu's
livery. The building will bo six Rlorlcs high
, und wilt cosl f 1M,000. )
WIncoto ft Rlley will build n big buck
pinning mill uuar thu corner of Seventeenth
nnd Muson streets.
Thu prlco of urlck U keeping many pros
pective builders from cominonnlng work
early in the soimou. Hrick nro now held at
from fS.CO to f 10 per thousand. Two months
later , when the yards nro in full blast , the
Kamu quality of brick will bo ottered nt from
JVf > 0 to fS per thousand. Ilcnca the delay m
commencing largo brick structures ,
A few liberal members of the real cstato
exchange contemplate the presentation of n
chromo to the editor of the Evening ( loom us
soon us ho gets out n correct batch of stalls'
tics If ho over docs.
Progress on the aw buildluga being
erected In the heart of the city is very satis
factory ,
U is reported that nn Itnmonao stove plant ,
employing 1,600 men , will remove from Troy ,
N. Y. , to Omaha ,
Rents nro very active , residence property
of the cheaper grade being In especially good
demand ,
General Test's friends nro urging blui for
the position of secretary to the atulo board
of transposition when ho Is through with
his census work.
Property.
Subdivldors complain not of u falling off
In Ibo extent of the business , but in smaller
margins of profit. As the value of acres U
augmented and as It Is often ilifllcult to
raise the price of lots dealers nro forced to
suffer the loss of the differenco. The poorer
classes do not keep as fully posted on the
course of values us the moro extensive oper
ator * , and Ihoy iii-o dlQlcult gjt conviction
when It comes to n point of Increased rates.
Within a few weeks it Is probable that subdi
vision property will bu advanced all along thp
Una and then tbo small buyer will bo coif
Vincod In spite of himself. It is now some
times difficult to convince a purchaser that u
lot is worth $300 when other uroperty equally
close to the center of the city is selling at n
much loss figure. Ho can not catch thu drift
of Improvement like a professional rent es
tate man and asks for tangible ovidcnco of
worth. It is not nn easy matter lo market
subdivisions , and , considering everything ,
the rctailcr'u profit is not excessive ,
lloapmc ItcsiiUM.
The little brochure , "Truth about Omaha , '
Issued under the auspices of the real cslalo
exchange , Is being sent east In largo u um
bers by the rdal auala men und is doing ,
much to place the city in a propar light before -
fore eastern peoplo. A recent Issue of the
Paterson ( N. J. ) Morning Call devotes u half
column editorial to the contents of the pam
phlet nnd presents a loug listof statis'ics
of Omaha's wonderful growth and
development in the past ten years. Com-
tnonting on the showing thu Call saysVo :
give these facts to show what Is the result
of a progressive public policy. In compari
son with this hustling western city Putorson
is away behind the ago. It Is this sort , of
hustling enterprise that has driven Omahii
to the front as a great city. Hero In the
east wo nro too conservative- Hlccpy , too
old fogy Ish. What wo want is Borne ot the
goahcad spirit of the hustling west. "
A Query.
To the Editor of THU UCK : Please state
In your paper whether n man who sold n lot
to another party for ? l.riOJ , $30.1 . cash , bal
unce two notes , $500 each , can sue the partv
of the second part for the $1,000 after thu
party of the first part has boucht tbo lots
back at sheriffs-sale , and thereby 1ms } 500
of the money of the party of thu second part ,
nnd also the two Dotes for $500 each nnd nlso
the lot. A.
Ant. This question ha been frequently
decided by the courts. The original seller
of the property has a Judgment against tha
purchaser for the full amount , { 1,500 , less
the MOO cash payment and less the amount
realized by the sheriff's sale. For instance ,
U bo buys the property at sheriff's sale for
$ SOO ho has ibo foO'J puld by the purchaser
and u further judgment for (201) ) .
The
of the
Life
Assurance
may be obtained on applica
tion. The following are the
principal items of the account :
LIABILITIES , . 84329J
1,074 ,
Income , $30,393,288 , ,
Paid Policy-holders , $11,842,858
, In 1880.
New Assurance , 175,264,100 , ,
Outstanding Business ,
$631,016,666. ,
Send for Illustrations of the
Society's Twenty-Year Ton
tine policies , showing at ma
turity cash surrender values
equal to a RETURN OF ALL
PREMIUMS PAID , with
COMPOUND INTEREST of
from 3 to 5 per cent per an
num added.
0 , H , P , HALE
Manager for Hebraslo ,
Room 5. . U , S , National Bank Building
OMAHA , - -
