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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (July 20, 1891)
THE OMAHA DAILY BEJgi MONDAY , JULY 20 , 1891 , LONDON FINANCIAL REVIEW , Good Dcinnnd for Discount During tha Past Weak , URUGUAY BANKRUPT BEYOND HOPE , of tlio Hirer IMntto IJnnk Will He Followed l > y Numerous Oilier Imi-Ko FnllitrcB Hu- Munition. tf , July 19. During the pait week there was a ( rood demand for discount , with money less abundant. Discount was quoted at 1 < H percent for turco months and Jf per cent for nhort. The totil amount of gold withdrawn from the Bank of England fortho wcolt was 1,11)0,000 ) , Including is05,00tl which went to Hussln. The Bank of Eng land's reserve is now less than 10,000,000. About JUJ)0 : ( ) < ) ,000 will bo wanted for homo purposes during the autumn. This , besides continued shipments of gold to the United States , gives u certainty of dearer money. Tlio Kngllsti Hlvcr Platte bank failure loft the stock exchange yi-sturdav In a condition of general depression. The collapse did not surprise people In u position to know the facts , by which they realized it as almost in- ovitnlilo. , The suspension of the Ilivor Platte bank will bo followed by other windings up , as the way Is thoroughly cleared for sound busi ness. Prominent among defaults Is the mis sion of the Uruguay republic's agent , Dr. Klllwuns , In Irving to rearrange loans which proved a dead failure , London und continental financial houses apparently considering the Uruguayan government us bankrupt beyond hope. The pervading HOIISO of Insecurity Is affect ing the best securities. Consols fell cer cent on the week , liupoo paper Jf per cent und Indias Us \ % per cent. Among the foreign securities Argentines lost i'l ' to 5 percent ; Urauguay bonds , ! ii per cent ; Portuguese bonus , ! ! { per cent and Chilians IU per cent. Kngllsh railway securities wnro weak and the dividends were disappointing. The divi dend of the South Eastern was U'f ' per cent against a previous 3)f per cent ; that ol the Orcat Eastern \yt \ per cent air-ilnst a pre vious 'J per cent ; and that of the Brighton ! H4 percent i.gnmst n previous 4' ' percent ; the result boimr nn average fall for the week of 1 to 4 > per cent. American railway se curities were dull with u general record ot fails in prices. They closed at the lowest quotations yesterday and the street quota tions were the worst of the week. The week's variations In prices include the follov/ii.g : Decreases Denver & Hio Grande , 5)f ) per cent ; Norlolk & Western preferred , ! l | < J per cent ; Union Pacillc and Denver Ordinary , \yt \ per conteuch ; Louis ville & Nashville and Northern Pacillc Pf per cent rnch ; Central Pacific. Mexican Con- tralNcw York Central and Northwestern , 1 % per cent each. Increase Luke Shore , \yt \ per cent ; Wabash debentures , J < per cent. Canadian securities were lint ; Grand Trunk lirst and second preferred dropped IJf per cent ; Grand Trunk third preferred , \yt per cent : Grand Trunk guaranteed , 1 per cent. Mexican railways woio piesscd for holes , seconds lost fif ' : per cent , firsts \Vt per cent nnd ordinary - % per cent. In bank secur ities London Hlvcr Plntto dropped 7 percent , English liiver Platte 10 per share , which were quoted , at 0 lust week , were offered yesterday gratis with a bonus ot 11 , but there were no Inkers. The liabilities of the bank are estimated at .i'4OlO)00 ( ) and the vis ible assets are , ' ,000,000 , with ubout U,000- 000 of doubtful bills duo in South America. Amnng miscellaneous securities Guineas dropped I per cent. Alsopps " and nitrates } { per cent , while Bell's usbestos gnined J per cent. llavanii Market Itcvlnw. HAVANA , July 19. SUOAU During the week buyers made enhanced offers , but sellers held out for higher prices. Molasses sugar , regular to good pel iri/utlon , Sy.y. > @ S.ilTJiJ' gold per quintal ; muscovado , fair to good retlnlncr , b3 to 1)0 ) decrees , $2.18 % @ y.il'K ; centrifugal , ! )2 ) to DO degrees , polar ization , in hogsheads , bags or boxes , f'i.iJT ( gJt.lL'K. stocks In warehouses at Havana nnd Matnn- zes ( IS boxes , la ) ,000 bags and 3ilO , : ( hogs heads , Receipts of tno week r > ,100 bags and 15'J hogsheads. Exports during the wenk 51,000 bags and 134 hogsheads , of which 4n,5UU bugs and all the hogsheads to the United States. liacon $ lD.iO gold per cwt. Butter , superior American , K.iU ) gold per quintal. Flour , $ l.t : ( ) gold per bbl for American. Jerked beef , f'J.OO gold per quintal. Hums , American sugar cured , 17c gold per quintal for northern , Sic for Eoutherii. Lard in kegs , $12.50 gold per quintal. In tins , $14.7. > .QLumber nominal ; shoolcs nominal. White navy beans , fli.To gold per quintal. Chewing tobacco , Sfic gold per qulnal. Hoops nominal ; freights linn , but not quotably higher. Spanish gold , Horlln Ilovicw. DKIII.IX , July 10. Dealings on the bourse were limited during tlio past week , but the tone of thu inurkct wns llrm til ! thu end of the week on reports of London nnJ j\rgon- ttno failures. Thu cloning quotations ot vo.s- torilny Inchido Moxiean ( Is , 85.IK ) ; Deutsche bank , li'ij Itoubli's , JJ.riO ; Qocliumcrs. 1 ; Hurpnors , M ; short cxchniino on London , "O.'JI ; long cxctmnKO on London , -O.'J'i ; private dueount , lia.8. Frnnlcl'ort ICovlow. FIIANKFOIIT , July .11) ) . The i > a t week was u dull onu In this bourho ; prices were steady and lilKlier , oxcupt these of foreign securities which were 'j per cent yesterday. The closing quotations of tbo week include , Ita lians , 01.11 ; PortiiKCso bonds. 05.10 ; Hus- Bians , 07,50 ; Spanish 4s , T10 ; short ox- chaiiKO uu London , "U.U4 ; private discount , 1)4 ) per cent. _ Uuvlow. PAUIS , July 10. Tno bourse was quiet during the week nnd closed heavy yesterday owing to the depression in London. The declines of thu week include : Three per cent rentes , 10e ; Credit Foncior3 , DLf ; Uiol'lnlo , Hf ; Bank of Fnu.co , Of. WKATtlKlt CltOM * by tlio Unltoil Stilton Si'rvluo Uiirouu. WAHIUXOTOX , July 10. TUo weather crop bullotln Issued by the signal service bureau for the past work is as follows : Temperature The week has been cool in nil districts east of the Uocky mountains , ex cept In Now England , Now York and south ern Texas , where thu normal temperature prevailed. Over the western nnd central portions of the cotton region the moan temperature of thu week was but silently below the normal , while in the soutli Atlantic suites and over tbo wholu corn regions otttio centrr.l valleys the mean tem perature for the week was about tl deprces below the uormal. In the spring wheat region tlio dt-lldency in tcmperaturo was loss , nnumntlng to about Iidegiees per day , The Biimu dellciuncy In temperature prevailed in southern Culllornla , but U was slightly warmer In norttiurn C.iltfornln , Oregon and Washington. Tbo temperature for the hoa- son from January 1 to July 1 continues in OXLTKS in the northern states , Tenne&sco nnd tlio Ohio valley anil over the spring wheat region , notwithstanding the fact thai ttio current month of July has so far been cooler tluui any July sitico thu establishment of the weather bureau. Halnfall The nrejs of excessive rnlnfalU during the past week uro much brouun and widely distributed , thu largest urea extend ing from Lake Superior westward to Oregon , including Mio greater portion of the spring wheat region. The rainfall was generally les * than usual In that portion of tbo central valley wheru harvest woru Ism progress , ox to ml I tig from thu southern portions of thu lake region of southern Minnesota , ( icnorally through out thu principal corn producing status the amount of rainfall lor the season amounts to from 60 to W per cent of iho normal und there Is apparently n sulUdent amount of moisture In most localities to develop the corn crop , which is uow In need of warm weather. Boulu Dakota Wheat ripening ; other grains being harvested ; growth of corn re tarded by cool weather : ruin needed iusomo localities for Into ciops. Colorado Kain needed ; cereals being har vested In custom Colorado ; IB general crops , well except In eastern Laratmo and western Weld counties , whom the hill- storm on Thursday ultornoon did much damago. The Missouri stnto agricultural board's crop bulletin says corn Is growing fast. Whu.it Is being thrwhcd. Olhor grains the same as reported last weok. U'cokiy Crop iiiillc 11 n. CHKTK , Nob. , July 10. [ Special to Tiir. Bp.n.j The wcok has been very favorable for harvesting , nnd n flno crop of rye nnd wheat Is now practically secured In the southeastern part of the state. Corn has grown well considering the cool weather. There has boon nbout the average amount of sunshlno during the week , with the temperature - turo generally from thrco to six degrees below the normal. Haiti has been vary light , but enough has fatten everywhere to moisten the surface of Iho ground. It was lightest In thn upper Klkhorn valluy , where there was only n trace , and heaviest In ICearnoy county , win-re U amounted to nearly three Inchon. Several local hall .storms have done damage , the most destructive ono extending along the southern line of Kearney , Adams , Clay ami Filmore counties. Corn hiis grown well the past week , but Is still baekwnrdsomoruportltfroitttcn days to two weeks behind ; it Is just tasscllnu iu the southeastern part of the state. The hay crop Is unusually largo and potatoes an ex cellent crop. _ For Sehlltz boor apply to U. II. Grott D-iJ l\iniiiiii. XJKtt'H Of " TIIK AOlfftllt'JCST. Ncbraslcn. Work Is progressing on the Kearney cotton mill. mill.Hurt Hurt county's domocratlc convention will bo hold at TeUamnh July 'J7. The stalu line reunion will bo held at Hardy August 18 , 10 and 20. An nlliunco picnic will bo hold on the Crete Chautauqua grounds August 1. The Urokon Bow Horse association will hold a uorso fair some tlmo In August. Hod Willow county prohibitionists will hold a mats convention at McCook August 1. A tramp riding in a car of lumber was badly squeezed at Weeping Water , but he will recover. Thn Uoono county reunion will bo hold at St. ICdwnrd September " . " > , 2(1 ( and 27 , nnd n great time Is expected. Arrangements are being niado for holding a big shooting tournament in Hastings some time during August or September. Wnyno Golden , a young Cass county farmer , fell on a scythe nnd cut his leg so badly that ho will probably bo u cripple for life. Grand Island's chief of police has arrested a tramp loaded down with a lot nf now eut- lurv , tor which the olllcer is hunting up an owner. A drunken man tried to drive a team across the railroad bridge at Beatrice , but the horses fell between the stringers and the driver landed in jail. Judge Chapman will bo orator of the dii3r at the annual reunion of the old settlers of Cass and adjoining counties which will beheld held nt Union August ! i- . Tuo Sulton Advertiser is out In a new dross , and Editor Clark falls Into poetry over the event. The Advertiser is bright edi torially nnd its dress now corresponds. The Dakota county alliance has elected of ficers for the ensuing six months ns follows : President , D. L. Allen ; vice-president , George Blessing ; secretary , J. F. Learner. Sugar boot prospects have advanced sev eral points In this section during the last ton days , and the outlook is decidedly encourag ing , says thr ; Gratld Island Independent. It seems the first two years of the experiment ing with the cron represent the extremes , last year being the dryost season known for twenty years , nnd this season going to the opposite extreme to an extent never before known in Nebraska. If the crop will suc ceed fairly .veil under such conditions , what may wo expect in nn average season i There is every reason to believe that in loss than llvoyeais the boot crop will bo acknowledged the gilt edged product of Nebraska. W. C. Brauy was sitting in the barber's chair in Hoover's shop at , Fremont , where hemet met with a singular and very painful nils- hap , which fora time almost crazed him with pain. The barber attempted to strike away a largo bug which was Hying about the chair , and In doing so the bug was knocked into the car of Mr. Brady , and it could not bo extracted for some tlmo. Ho at once sturted for the oHleo of Dr. Brown , the family physician , suffering the most ex cruciating pain and screaming in his agony. The doctor wa * out of town and ho was taken to the ofllco of Dr. Martin , and the aid of Drs. McDonald and Smith called in nnd Mrs. Brady sent for. Under the in- tlucnco of chloroform , the painful operation of removing the bug was accomplished , being - ing necessarily slow , and it was- not until It had oeen partially picked to pieces that it was taken out. It was not removed until nbout half past ten o'clock. The suffering endured during these two long hours or moro can haruly bo imagined. The cause of this mishap wns one of the largo red Juno bugs , and the physicians cannot understand how it managed to enter the car. Io\vn. O.skaloosa will invest In $11,030 worth of brick paving. A Sac county farmer is raising eighty acres of buckwheat. The contract has' been lot for a now $30,000 hotel at Marongo. Several cows have died In the vicinity of Lchlgh of hydrophobia. A dozen Grinnoll college boys nro doing service In the dining room of the Arnold hotel , Lake Okoboji. Henry Toblnson , a Jrmes county farmer , fclliiomn hay mow in bis barn and was killed. Ho wns an old settler. The Ida Grove Era notes that timothy covered by water during the flood is dying , while blue grass Is uninjured. The News thinks from the number of bogus .silver dollars that have been passed in Boone n gang of counterfeiters are operating there. Tlio thrco candidates for governor have bcon invited to Keokuk to spoalf on Iho labor plank in each of their platforms at the Labor nay celebration. A yojng fellow of sixteen , near Scranton , supplanted his orothorin the affections of the latter's wife , and the injured husband sent the foolish woman homo to her mother. A rabid dog was Killed on the streets of Tnma after It had bltton four horses. The dog wns also scon in the town pasture , and the citizens are afraid to use the milk from their cows. James W. Smith of Grand township , Greene county , has a gas well on his farm. Stones weighing six ounces were thrown out .of the opening , and an artesian well will bo the ultimate result. The Calhoun County Agricultural society has Just completed n now half-mllo race track at Kockwoll City. The fair occurs Septem ber l.r > to 10 , with an Interesting speed pro gramme for oaeh day. The Iowa Central Veteran association will hold its annual reunion at Wornock'ji grove , near Avon Junction , August la , 111 and H. The last day Is old settlors' day. Hon. J. A. T. Hull , Gou. Given and Col. G.itch will bo the speakers. "W , S. Konuo nnd Joseph Bower think they should have the old man's champion bolt for fast hoeing. " savs n Smithlnnd Item In tbn Correctlonvlllo News.Tnoy hoed ' ilxty acres of corn In Just six days' , Mr , Kcnno Is sixty-ono year * old and Un'clo Joe Is seventy-eight. " Immense quantities of raspberries and cur rants have been shipped from ( ilcnwood dur ing the past two weeks. The average has been about 250 crates per clnv , and on Mon day Mr. Towcloo sent to the depot -J''O crates , but wus uimblu to got them all shipped. AH thu crates each contained sixteen quart boxes , a naif bushel , there were 21 IK bush els of fruit for that day. Frank IMcpgrass of Crcdn , while walking along u road In that vicinity recently came across n weasel. Ho gave the animal n kick to scare It out of his way when It set up n sort of chlnpering nolso utul was answered from all directions , Then tbo animals com menced togathcr around and Piepcrass began to kick , but they soon became so thick that ho was glad to give up the tight and take to his beuU. A new a molt o stock at the Anainoin peni tentiary , 17. > feet high , is ncarlv completed and will bo tlio tallest In the state. The work has boon done by convict "Hcddy" Winters , serving n sentence of t-evoral years for bur- plary , and Is said to bo u piece ot roaiarkublo Workmanship. When the chimney Is com pleted a number of electric lights will bo plac'.J on its summit , which will bo visible lor many miles urouua. TALKS ON TRADE SUBJECTS , Tbo Shrinkage in Business is a Sort ol Conservatism. THE SPECULATIVE SP.RIT . IS DORMANT , In a Orcat Many Mncs of Iluslncsa tfio Market .May Ito Aptly JUoHorllictl ns it AVntt- IIIK Out ; . A great dcnl Is heard from nil parts of the country nbout "dull tlraoi , " mid business men have offered many reasons for the exist ing enndltlons. The Now York Bulletin says that It lias bcon remarked for some time that tlio urovnlllng characteristic of the present nhrliikaco In business Is a sort of conserva- tlsin. To the manufacturers , It appears that the wholesale traders buy with a caution which Is quite unusual. To the wholesale dealers , again , It appears that the clothiers and tbo retail dealers oxhlnlt moro caution than Is usual , and wait for known and cer tain demands of consumers before venturing to take tna usual stocks , There Is much truth In nil this , and It may bo prolltabln to consl'lor somewhat closely what It really means. A fo w years ngo there came upon the country an era of ovor-trodln ? and specula tion. Everybody seemed to ho Just on the point of petting suddenly rich , and was so confident that things \vero certain to Im prove that ho wanted to buy Just as much us ho possibly could , straining his credit only too often for that purpose. This made what was called good times. The retail dealers bought without stint , and therefore the wholesale dealers bought still moro largely.expecting that thesam'j demand would continue and would oven Increase , and the manufacturers in their turn produced larger quantities of good , assured that tomorrow would bo us today and more al.su. While this hopeful state of things lasted there was activity nil around , and all sorts 01 people wore milking money , on napcr , oven If they did have Inconvunloutlv largo accounts un paid.Hut Hut a series of events came to test this somewhat unreal prosperity. Two successive open winters diminished very sharply the consumption of Important branches of man ufactures. The coal consumption was re duced from the same eauso , and In many other ways the effect of these open winters was felt In trade. But ut the same time there came agitation about the silver question , and a measure of uncertainty re garding the currency of the future , and u consequent curtailment of credits on the part of those who distrusted the tendency of legislation. Then at the same time there came a partial failure of craps , and that compelled largo numbers of people to ro- htrict for the time their consumption of many products. Instead of buying new clothes , they were the old a little longer , and Instead of buying now supplies for the household , and now farm implements and tools as freely as before , they got on as best they could , waiting for bettor times. This meant a curtailment ot consumption on the part of n very largo body of people , and the effect was felt in many places. It happened also that the great speculation in real estate throughout the west and south ended in disastrous decline at a multitude of points about tbo same time , and this uKo increased - creased the en forced economy on the p.irt of many. Out of all this it came to pass that stocks much larger than usual remained unsold in the hands of retail dealers. As they could not sell , many were unable 10 pay , and were forced to obtain extensions , so that those who had sold them goods were obliged to carry a larger burden of indebted ness than usual. Instead of the increased hales by wholesale merchants , there came a shrinkage , and so considerable stocks were left on hand for them , with corresponding burdens of indebtedness to manufacturers. The movement , from llrst to last , was thus retarded. The volume of business dimin ished because actual consumption dimin ished. Failures somewhat increased in num ber , but if the facts could have boon precisely ascertained , it would doubt'css ' have iippu.ired that tno volume of deferred commercial in debtedness increased much more lartrely. There has como a revival of contfdcnco with the prospect of abundant crops. Yet trade docs not at once improve in like mea sure , and many are surprised thereat. It must bo remembered that considerable un sold stocks had llrst to bo got out of the way , and a considerable body of Indebtedness to bo liquidated before traders in the different de partments could feel free to purchase as larecly as usual. Thus it was remarked but a week or two ago iu ono of the tr.ido jour nals that many of the clothiers word so far embarrassed by currying unusual accounts for customers that they were not in position to purchase gooJs as yet with the old free dom. Much the same state of things was noticed some time ago in the boot and shoo trade. But a larger cause of delay Is found In the caution which properly follows a season of commercial disappointment. In all depart ments men remember that their hopes led them not very long ago to push ahead some what too fast and too fur , and the recollec tion helps them today to bo prudent In their operations. Good crops are coming , they reason , and as u result larger consumption and larger trade , which they mean to share when it comes , but they do not intend to risk everything by purchasing iu advance moro than they may bo able to sell. Ilcnco observers describe the market In most of the trades as a waiting market , and tbo shrewdest commercial dis patches note a moderate trade now in pro- gross. but at nearly all points a strong und growlug confidence that trnJo will improve in the near tuturo. The phenomena are not inconsistent or contradictory , as some sup pose , but the conservatism manifested is In the main evidence of commercial soundness and health , and of the absence of that ven turesome speculative spirit which so often brings disaster. There is moro tlu.n orJl- .nury reason to expect a largo and profitable business during the latter half of this year. The monetary uncertainties have at times seemed qulto threatening , but the foreign money mniUcts have so fur improved that little apprehension on that account Is now felt , while the condition of domestic money markets warrants the belief that needed sup plies of money may bo forthcoming for all lOL'itimata business. The very fact that the speculative spirit is dormant renders It the less likely that the nnturul improvement In business will bo checked oy failure of monetary supplies. Triutfr-s1 Talk. ST. I.ouisMo..lnlyl8. r.anconbiiriTlrothors to UoeUiull Itrotlmrb : The following was the riiimu of pi Ices ut this point toduy : Ciiio.MH ) . .Inly 1H. V. O , 1,0-un itC'o. to Ton cray & llryuiti The fluctuations In wjioat have bcun narrow. Heavy receipts In ilil.-t and othur in in Itots eain.es boino hesitancy In the minds of our mim who aru disposed to look oil present prices us low. Uubles lire sternly and the demand for oiuth wheat continue * Kuod , all of which Is taken for export. Our August wheat selling at tile Is very low consid ering froluhts und fuioltui values such us our fto.i \ Is BKllInu t IWs ( in , hay equal to tl.1.1 In Liverpool , which by the way Is the IOWCHL nun kut In the kliudom. Our .No. ' . ' can bo laid down Inulndlni ; a com mission and all charvtMut ifl.nu.Hi'ldomlslhuie MI handsome u inurxlii ot prollt. Tliu urowlutf bprliiK wheat elves rent promise. | mt is u lonir way from bulnn teen red. Them limy bo a little farther decline althonili no believe there should be none and ulso Uulleve w lie it Is u good Investment about the present prices , Corn opened up Hun at Mo for September. This week thu price lnhlKli und with the prom- Ho of the pruvrlut ; orop wo think should hull wimo cents lower. Oats for September about "io ! look low with the price of corn , lloj ; produclHiit the opening wurentiong. Thodu- inund which wan principally by commission ) KHI CH WIIH mut freely by pucktirs. ClllCAUO , July IS. Schwartllnpcouml Me- Cormlelf to ! ' , O. hwarlz & Co. : The wheat market him been dull but everything consid ered has shown fulr ntn > nU ; > . liocclpts were good ut nil wluivr whoiii points hut this was offt-ct by tlm report of forty londu taken for export ut Atlantic ports. The clearances at the Atlunllo goaLuurd for the \ > uekere HJ.IOO bushels of whcut nnd UU.OOO piickaKex at Hour , Hhowlnz u ilecieuso from lust week equal toJMI.OOU bushels of wheat , llcutlptg lit eleven primary points were KJl.fXXJ bushels : bhlliinciilH , rxiV.CCO ImshelH. While continued lariia receipts may give UK a BiitfiUns market there in u Kiowiug K't'lluf UIUOIIK local opera tors that prices Imvo po lbly been forced li M enough. Kstlnmtid Juno pts for Mondny. ft.1. cars. The corn timrkcHuts been fairly iictlyo nnd weak. The cnxlt dnmund seems to bo Icsx urgent , car lotsof S"ii/ Kclllntf down to fide : No. S yellow toOJc. < Ws were Inactive Mill weak. Itccolpti nre'lftrgc , and arc bcRlnnlnK to comprise ( iiilte n ntiuiherof CUM of now onto. Receipts of hoflf en ] undcr-cstlinatud and the market lOo .fifaher. The result was nn excited opening lit the provision market. The trid njr wus Irregular nnd execution of ordormlllllcnil iitrioiJiln.il quotations The clo e was dccldedlyxlnino , with Indlcatloni that timid nliortR hnte'dnvorcd ' freely. Nr.w VOIIK. July i . Kemictt llopklni&Co. to B. A. .Mc\Vhorlcr. & 10. Londim tidvlcos acted like a wet blnnkut on our Htock market this morning. They Troportvd the failure ol the English bunk of the Klvcr 1'liitte thioiiRh Imiblllty to reaibe on Arcentlne securities. This prostrated the Umdon market for all cla .es of Hecurlth'B Inc udlnu consol . Our luarkot opened with plenty oc sellers und few bnyer nnd prices' yle dc < l from ! 4 lo 1 per cent. Later the market rallied on expectation of u good bunk statement. The statement was oven holler than expected , showing a gain of $ .I.UUOi ( In surplus reserve und uti Increase of J.ri,4."iliiO ) In cash ; deposits also Increased MWOl)00. ) This did little more than steady the markets. 1C there hud been any breadth to the Hpocillnt'on In atocks It would huve given n decided tiiipulM' to iirlcca. Hunkers report distrust of drawers of hills of exchange und say that shipment of uold ly ) today's steamer was caused by Inability totot teed blllH. ul- thouirh there were olferln s of nmleslriihle ones. It Isulsolntlmated thatlf this continues there will be furthershlpinen s of gold next week. Coal stool.a are beginning to show the direct of the deinorall/atlon In the trade. lloth Duluwaro & Laekiiwunna niul Delaware , ft Hudson huvii heen hi'uvy toduv- The wheat market has a discouraging look for business and Impiovcmcnt In pr cos. UIIICAUU. Jn.y u Konnctt. Hopkins & Co. to S. A. MeWlmrtcr : Wheat bus exhibited no. feature ot Interest. Trade was m.ilnly local and close up for the week. The under tone seems to gather strength. Quite u num ber of successful tiadcrs favor the long fide on soft spois for the present , nrgltu that thu market l.s entitled to u rally after so .serious u decline. The report of the American consul ut Odessa to I'lilshiiry , predicting u sliortasro of over four hundred thousand bushels In Itussl.in wheat und rye ciopi , niulonbled.y had a strcnithenlng elfest. Uu- celpts continue to Increase , but thu demand Is excellent and Mocks accumu late slowly. It is noticeable that car lots are not hawked nbont. In the cash croHil us In former years. The wheatqnletly iilisorus without attracting attention to the surprise of .speculators. Not much change In the visible Is ( jxpecto.l , The shnru eastern fleniiinl lor com which has been the most striking featnm of our market for some t mo .seems to hu abating. It Is thought stocks heio w ill shrtly Increase in con-cqiioncu und that prices will Lo materially leduced. Outs heavy but not much prcssuio to sell. " K < o I many tinders who are eUreinoly bearish on corn think September outs u safe purchase on the little breaks. Provisions nervous and active. ShortH are timid In consequence of the advancing ho ; market , prices now being higher tli.inntauy pievlotis time for eighteen months. A stroni ? bull clique seems to bo mllkliu the market , und MI > would not bu surprised loseopiovls- ions v'o somewhat hlu'her temporuilly , but wo anticipate u bad break when hogs hegln to bu marketed more fully. Kaiinci" are too busy with their uniln liiihe t to market hogs Just now. A'lTIJN riONVOUICIGiMI3 ! \ , AVorkiiiRwnnicii niul All Others inter est Oil i-i Kijjiit Hour Ijtiw. This evening , at , Grand Opera IIouso , mass mooting will bo held to take action on eight hour law , to go into clTcct Au gust 1 next. Passed by Nebraska legis lature and signed by the governor. Good music ! Good speakers ! Ladies in- vitod. Admission fiee. Everybody in vited. " \\Vstcin Pensions. WASIIISOTO.V , July 10. [ Special Telegram to Tin : BKB.J The following list of pensions granted is reported by.Tiic | Bun nnd Exam- inoribureau of claims : Nebraska : Original Jorpen .Torgcnson , John Stevens. Albert Horn , Richard BoJley , Fletcher N. Whipv John Strevcy , George Myers , Charles \V. Wnitney , Matthew B. Noel , Samuel MoNoos , William Fiery , Abram H. Salon , Naybipon B. Loomis. Henry Stansberry , John M.vJohnson , Patrick But ler , Leonard N. Watson , William B. Kiver , Gideon T. Harlow. , Hitncloy C. Knight , George E. Bates , Albert.J. Stover , James JJ. Moore , Charles G. Swanson , Samuel CuHn- hun , Sylvanus L. H.twley , WillliVhi T. Ire land , Duncan McKao , Leonard Bcg.s ; , Gilbert C. JJoyco , James F. Hanson , William Kaashaw , D.ivid C. Smith , Thomas Paul , Charles H. Richards , Jurob H. Wyman , James K. P. Ye.igloy , William Zclulor , Charles F. Winslow , James Duffy , William Blair. Additional Alfred Puzer. Increase Edwin H. H. MeKnight. Original widow Rosetta V. Powell. Iowa Original : William Jan , John S. Pentleld , Thomas H. Holt , Georce P. Smith , Henry L. Smith , Joseph Rldonour , Jnmcs Muuns , jr. , Jesse Mllllken , David Morrow , George A. Edmunds , Robert Smith , Calvin L. Marquis , John W. Louis. Perry Morri son , John Dignnn , William L. Lockridgo , Gnurgo H. Akeman , Benjamin W. MoFarlin , Oliver J. Conner , Samuel Coulson , Elenezer McMarshall , John Laporto , Albert Taegood , Thomas L. Willis , Moriran F. Taylor , John F.Vull , Stewart Tutlock , D.ivid J. Losan , Harrison Parker , William White , Samuel Spillers , David C. Watson. William A. Still- well , B. Corner , Auustus H. Cushman , Joseph S. Conkllu , John H. Bolton , George L. White , John W. Rama , J. B. D. Plac-o , Samuel Patterson , George Schooling , Or.imus C. Rowe , Frederick Goosor , Joseph A. T. Baton , Goor-'o W. Ricnurdson , James E. Krock , John Bo.itty , Isa-ic Coll'man , Uriah Richards. George W. To.is. A-lditiontil John Birchmiler. Original widows , etc. Minors of Silas W. Turner ; Peru R.iw on , fattier ; Silvu Scott , Catharine Vlorllng , Catharine W. Truesdoll , minor of Frederick D. Stanloy. The following pensions were issued on the 15th : Nebraska : Original Nelson Briley , James Pierce , John MoKinlock , Ru- > boll L. Bundy , Braxton Lindsay , Fletcher Allen , Jnmcs H. Merryhow , George W. Worliiy , Jacob J. Myers , George W. Tyler , Edwin B. Hinds , Edgar A. Plnlleo , Andrew Weasnor , Andrew M. Graham , Thomas Brisbane , James H. Barrow , William Hunscll , James Hammond , John W. West , William II. Walker , Thomas Eberly , Andrew J. Godfrey , Fr.incis H. Per ter. Jophtlui Hopkins , Joseph Oatnoy , James Whiltinghnm , John ClarKson , Jacob Haas , Jasper Mneuinuer , William D. Jones. Additional U'illiatn Logan. Reissue Edwin A. Douglass , Anderson Lnrne. Rctssuu und Increase Stephen Mill- gate. Kansas : Original Jonas H. Dennis , Wil liam P. Walker , Christopher C. Gristium ( de ceased ) , Robert H , McClelland , Daniel D. Ross , Joseph W. Watson , Thomas H. Davis , NuDoleoil hharrnl , .lob Fowler , Theo Poorer- leln. Francis Yurberry. JabeD , Tabor , William S. Snodgr.iss , George Washington , Charles H. Green , James P. Lotiu , Asa O. Cero. David O. Grieo , James L. King , Will- lain E. Tyron , Thomas Lowe , John E. Trtim- bull. Asbury C , Jowett , Emory P. Travis , No ih Potlit , John H. Ander-son , George W. Mtoro , Charles Cook , John Walsh , Hilton H. uale , John Orth , Jerome B. West , Benjamin ' 'Jpnlin. James H. Wil liams , James H. WJilto , Seneca Gurney. Closem King , Georgg Bolfmor , Joseph Mc Donald , Thomas Hall , Elwood Coote , James W. Graham , Noah. S''Wcddle , Frederick P. Smith , Henry U. llorvby , Thomas G. Laird , James AI Baugnnun , Clmrles Cowler , 'Fred erick Phillips , FreyiH'ick Hoover , Thomas Phillips , John Rlqrdun , Fordlmuul Glot- hart. Daniel Sultoi1 , ' > John Rhodes , Mol- Vln H. Furnlinm. William Burr , Al bert R. Smith , Samuel A. Nowhnll , William 11 , Hensluy , Albert .Uiuball , Soloman Sweat , Richard GIfford , MOMS S. Toter , John D. Bolton , Samuel P.j ( iurrlgan , Leonard B , 1'earson , Aaron Dillon , Theodore Mel ) . Price , Riley Pago'Frank ; ' ' E. Hawkins , Samuel Gilbert , Bqii'iainiii Hntchett , John Crane , George Purvis , Francis Boulolto , David Frallck , Uanloli S. Dix , Richard W. Phillips. Loandor Fraycr , Julius White , Thomas S. Wlor. William Wells. William Clark , Henry H. Ileaoti , Oliver II. Allen , Amos J , Bossoy , Andrew Rabb , Isaac Me- Oves , Ansel Stack , Washington W. Me- Kenzie , John Rhodes , Herman Cbrls- tel , liuvld Bright , Martin L. Funk , Samuel H. Moore , Henry U. MeCord. Francis H. Wisdom , John Kelly , George W. Allen. Ad ditional -James W. Clark , George H , Losoy , Theodore Burkot. Chuilos H. Jones , John M. Rico ( deceased ) , Joseph C. Thomas , John C. McCorinlcic , Increase John A. Everett , Michael Corscr. Original , widows , etc. Lucy Berry , Mury C. Grisbam. Colorado : Alfred H. Magoon , William Conovcr , William McCnbe , Samuel Shop- hord. Aaron March. Additional George W. Wulterj. Ineroaso-Wllilam H. Chap- man. Tlio Ij.-uost CoiiiiuiliMiin. Why U Ilnllcr s Sarsaparllla and Burdock like the most popular soap of the day I Because they both cleauso the sklu and cuvoit bolt uudyclvcty , rinrrrM\T\tr ( TUP ciMnf/c * tlliitiyiAiIMi lllh SIIARRS , They Oan No Longer Rob Claimants o tbo Government. THE BEE'S ' GREAT BUREAU OF CLAIMS , It ItclYlcmlH Settlers , 1'ntpiuces , Widows , Orphans niul Soltllcrs nnd IH Commended by tlio Authority. Altn who Imvo hod claims against the pov eminent and employed professional agents to represent thorn before the donartmonts In Washington , toll strnngo stories of tricks and rascality to which they were subjected at the hands of theao merciless croatuivs. There arc of course , some honest men among these agents ; but there nro so many that nro notoriously corrupt , that It Is almost im possible for n claimant , unless ho bo direct ed by u woll-ipformoa individual , to Ilnd ono in whmu ho can place Implicit confidence. Tun Hr.K has received hundreds of com plaints from soldiers and others who had advanced money when so desired nnd who waited for years and yet failed to reojlvo any Information us regards what the sharks had done with either money or claim. Tni ; Bculuis also been requested to recom mend reliable agents nnd has , in this way , served to protect the people from fraud and robbery. But that did no good to the people who had fallen Into the hands of sharks. As rapidly as the hitter were shown up , now ones with now tricks and rascality took their places , There was hut ono means left and that waste to establish a great bureau of claims. This idea was suggested to a numuor of people but was put Into practice llrst by the San FranCisco - Cisco Examiner. With the Examiner , Tun Bet : has cooperated ted In the great work of affording relief to worthy claimants. The Washington correspondent of the 13 * iimincr , Mr. John Wedderburn , who hus ulso ncted as private secretary to Senator Hearst , was detailed to orgunuo and take charge of the bureau , His long service in Washington in both these capacities hud given him a largo acquaintance with government ofltclals and government methods. Knowing the men and the proper procedure to follow , ho was chosen as well qualified to push claims through in the shortest time If they were Justly duo. The best lawyers to bo had were then cm- gnced and a full clerical force put into the bureau. Iu every Instance the men were chosen for their knowledge of the work to bo done. Congress was not losj anxious to protect claimants from robbery. The same kind of complaints hod come lo THU BKI : and goun to the members of congress us well. The com mittees that had the Indian depredations hill under consideration investigated the opera tions of the claim agents and attorneys in connection with the Indian depredations claims. They found that the claim atrcnts had demanded 33 , ' < > to 50 per cent from the men holding the claims , and in hundreds of cases held contracts at these ligurcs. While the Mil was still in congress , with little up- paient chance of pas age , they were able , by motnods dangeiouslv near the line of false pretenses , to induce the claimants to sign the exorbitant demands. There appeared to be only ono way to pro tect the claimants. That was to cancel all contracts by law and limit the fees that at torneys might collect. The claimants would thus bo enabled to choose another agent if the one they hud lir t engaged had attempted to defraud them , and tno contracts could not demand more than the specified rate. The ninth section of the bill was thus drawn to annul "all sales , tr.msfors or ns- slirnmenta of claims" and "all contracts here tofore made. " The maximum fee to bo al lowed was put ut 15 per cant of the amount collected except In case of claims under WOOer or where unusual work had to bo done , when 'JO per cent might hi allowed. The amount of business received imme diately after the opening of the bureau is u proof of the confldoncu in which the people hold it und of the distrust which the ordi nary claim agent has aroused. In the six weeks , from April 1 to May 15 , claims to the amount of $4K'5o41.l)5K ! were filed with the nurcau on account of Indian depredation claims alone. All these go to the court of claims under the act and are in various stages of preparation and prosecution. Be- iides the claims under the Indian depreda tion net there had been filed at that duto treasury claims to the amount of $233,0I ! ) ; French spoliation claims to the amount of $ , ' ! > . > , 'jblJ ; land claim's , 389,350 ; and patent und other claims to a largo amount. Since that date some § J,000JO ( ) of claims have been tiled with the bureau , und it is now attending overjlOUOOOof ) claims. The need for the bureau may well bo seen by the fact , that it now has on bund more claims than all of the claim attorneys of Washington combined. The efforts of congress nnd the establish ment of the bureau was not appreciated by the claim agents. They wanted to continue to thrive in their business of Ilecclng the needy claimant. They accordingly denounced the government and the bureau. Thov held that the former could not cancel the contracts they hud mudo with their victims. But the cancellation was made in the interest and nnmo of the people. And it need not bo doubted that the eminent constitutional law- years who fr.uaei' ' the act in question did not do so without knowing what they were doing. The threats of the sharks undoubtedly had an effect upon some men who desired to mnko notv contracts and secure tlio services of some other attorney , hut this effect will soon bo destroyed and tbo emancipation ol the claimant from the tyranny of the shark will bo complete. The amount of money that will bo saved to the people by this work of Tin ; BBC BniEAU or Ci.viMNinay not bocalcululcd. It will cer tainly bo very great. Tie | work will .bo done us near nztual cost as possible. Some of it will not cost moro than 5 per cent , while much of it can bu done within the 15 and " 0 per cent allowed by law. In seine cases the L'O per cent may be required. It is the inten tion , however , to give the claimant the bene fit of the lowest charges that will cover the expoases of the service. Tun Bcu BUJIKAU will prosecute claims In the supreme court of the United States , the court of claims , the several courts of the Dis trict of Columula , before the committees of congress nnd the oxecutlvo departments.It will secure the payment ol Just Indian depre dation claims , land claims , pension claims , mining pre-emption and homestead cases and obtain patents at minimum cost and the greatest despatch. There are thousands yet who nro entitled to pensions These should write immedi ately to the bureau. Thonuiro thousands of heirs , widows , minor children , dependent mothorc , fill tiers and miner dependents , brothers and sisters who nro entitled to pen sions and should wrlto to TIIK BII : : bureau concerning them , Under recent legislation a liberal increase in pensions hat ucun allowed nnd these who are entitled to this should wrlto to Tin : Bi n Bureau Claim usociatlon. All letters will bo promptly unswcrcd und all Information concerning lonn of uppllca tlons for claims , terms , etc , will bu given withas little Jelay as practicable. No letter will b'J answered unless the sender encloses requisite stumps for reply. No Information concerning any particular claim u 111 bo Im parted until the applicant has become a mem ber of Tin ; Hi B Bureau association. Parties desiring In formation should address Tin : BKuiiureuu ol Claims.i'JJ ( ' Oiii ; bulldtn ? . Omaha , Neb. , the manager of which Is Ed ward P. Uoggpii. JOHN A. MfSlUNK. PIIASh L.CO.\1H..S. McShane & Condon , INVESTMENT BANKERS , 300 S. I3t ; Ft. , First National Bank BuiUl- Inr , Omaha , Nob. Deal III xiocki. U uii | . lOJiirtlloi. ronmicrclnl pn- I > or. eto. .SVkutluiu luiuu ua luiimiro.l Oiinlm iu l fBlntu. Shurl Ilino Imin. u bank ulufk , or un ull oil ctillulurul > a urUy urUyWANTED WANTED Total Uiue > u ( CITiCS , COUNTIES. SCHOOL _ _ _ DlflTRICTB. WATEH COMfATIIE8J.TR.n.COMPAHIE8cta CofTCtj'onUtni u 0oiicitvti , N.W.HAnniS&CQitiPANY.Bankers. 101-105 Dearborn Slroet , CHICAGO 15 We'l Street , NEW YOltK- 7Q Stata SLBO&TOH.i OMAHA Miiiiiifiicfiiws' Jofa' DIRECTORY. AWNmO AND TENTS. Omaha Tent & Awn ing Co. KtftKOIniiimock * . Oil ml IliibhorClothlnit. Send lor Calalonno. llli ; Fnrnnru. BAGS AND TWINES. Bamis'Omaha ' Ba Oo- Importer * nmt manufac turers , Hour Sack' , llurlnps anJ Twlno. BICYCLES. A. Hi Perrigo&Oo. M ! 0. Daxon , ll DodKO Street. Illcycloi Bold on Montlilr Send for our Catalogue niul l'ilco . lt )7'J ) Kafnain St. , Oituhi Manufacturers ofOalvan- ( lalranlred Iron cornices , Izi-d Iron Cornloo. Dormer window * , dour \S'lnaowcanniotallo'kv | rnpj , lln lal * etc. Tin IlKhU etc. 111U and 1IU Iron and M ! ito roofer , Ijoilt-c St. fill Viirnim St. OEMENP AND LIME. J. J , Johnson & Oo , , S183.13tb stnr. Omaha , Nsi DRY GOODS. M. E. Smith & Oo , , Kilcatriok-Kooi Dry Goods Oa. furnishing , Dry peed * , notion , ont eoodd , notloai. Dry KiioiU , * . lurnHhliu voodi. Cor. llth and Howard * t * . Corner It'l ! ' and Harney ELECTRICAL SUPPLIES. 1)1I'llOIT-AUTOMATIC ! ) - Wolf Electrical Oo. Eleotrio Motors llluatratud Catilon'U9 and D/uunot. t'atalo no free. free. H. A. Klnniiylien I 11114 Capitol Avenue A WJ-JN.V l.lu nil' * FARM MACHINERY , ETC. Parliji , Orendorff & T. G , Northwall , Martin Oo. , General western a enl Corner Jones and Uth stj. Skandli I'low Co , Omaha , Nob. 131'J-IT ; ! Shurmiiuwn. GUN 1JOWDHR. Iluiru 0. Olnrk , ( Jonl Vcitern Agent o' lltipont's fiiorlliiij Him- poivitt'r , Allan huh oxilo- | lti'maillnic.ipifis8 1913 Iliirncr utrcou GRAIN AND"PORVisiONS Toncray & Bryan , I S. A , MoWliortor llnikvM. . . , "f"1' P l loni JW I t Null Hunk , llroko ttfrluvkt SI4 S. lull 1'rlratu lroi lo No Pt. I'rUatowlro to Chi- Vork , CIilcnuo anil tit , a.Ko.su Ixjulj ami Nor lM\t\t. \ \ dull EMII | boiulitfor all iimrkoU Oockrcll Bros. ' P. 0. Swartz & Oo , tlrokeri. 1'rlTato nlrcx HrokorMrrilii , Provisions . Jo . .Sow Vork , ChlMiio A etc 1'rlralo wlro to Mt , St. LoiiK special atten I.oiilN ami ChlOARO. onico tion Kh en to truck tldj In l-l Nail llank.Otnalm. lit Nal'l Hank. ' , S. omahit HARDWARE. Rcotor&WilhclmyOo Loe-Clark-Anilroosai Cor. 10th and Jackson st HarJwarj Oo. 103-1110 Harnnratroat , iltnnhi Xrt'i. IRON WORKS. -4 . Ramlazzo & Son , 211 South mh Street , ' 'orc'ltfnl > muc tlo Frulti Kloilil.iOraitKCM ASIrllr KiultH. llr.incli liuu.if. T N. I'oteri St , Now Orl'ni PAPER. RUBBER G'DS. Carpenter Pnpsr Oo , , Omaha Rnbbor Oj. , Carry a full utooi of Mamifacturlnit an I printing , nrappliu an.I tiuruall klmlirubbar writing p-ipor , card pa Koud < . per , etc. i.im tro3U SEEDS. Emonon Sao.l 03. , Seed crmTorJ , doilori li pinion , L.T.IH , k'r.iln ill trcuiuo It , 4.M-I2I Smith 1'ith. STOVES. - Steve repairs nf all Dafly-Trawbridjj kinds , Cook ) nnd I lea- torn for BBlo. Stovj Tdinufao1' ' 3j Minnfi"lilr'n : < t)7Jl nl James flushes , HtO O | > lp > . 121:1-121. : ' ) l iavuiiworth it , (07 ( S. 13th St. SASH , DOORS , BLINDS , ETC. M. A. Dishrow & Oo , , Wash & Door Oo ilanufactururs of aasli .M.inufacturors of muu dee rs. bl 1 n il I a lid { t , blinds , illors , .Moiilillru'l. llr.mnh of etc. , cull lieu , U'th and Uarl t < nud Clark ttrccts , STEAM AND WATER U. S. Wind Engine b A. L. Stnnj : it Soai , Fuun Oo , , Ilalllil.iy trlnlinllU. 'JH IOJMWI Karnam strojt , nnd ' . ' -'J .louui it. O t' . Uo * * * , acting inaiu or. Umiha , Nob. TEA , COFFEE , SPICES , CIGARS Consolidated Company , Ull mid I IIS llur Omaha , Nub , BILLIARDS. The Hmnwiok-Balk , doll * , albumifanor Collondor Oo. ih , houiufiirnUliInt Illlir I in IM 111 1 n HaloonUttarji di , clilllnin'f car- < 07 40V H UtlntruJt. 'Oi. l.iiv Furnamit. Oin.ilii SOUTH OMAHA. UNION &TOCK YARD3 CO , LIMITED. A. D. Boyer & Oo IIuntr& Gwau , 8-W Kx'hanjo lIullJI.u. til Ciclinniio llullilm/ foutli Oiiuliv Houtli Omarri , TO INVESTORS. I am ollurlng Block In a gooil Bound eoiif\ pany tint will pay a SO par cent dividend. > - . > 100 uliares for $86. Write for proapectuv % 1 HARRY KEBNE , Room 0 , Qer , Am , B'k ' Bldg , , St. Josopb , Mo