i l
TTTtt mi ATT A HATT/V Illflli ! . IvfWfCMAV ninnwrilW 17 o 1.QO.1.
WERE FREE SILVER HAD
Discredited Itsno Ocmimenrkil ly the
Transraisaissippi Congress.
SPEECH MADE GY JOHN L , WEBSTER
III < rrrociidillnn of tlie Trutlit of
riiinnoliil UNIorj 1'roe Miter
Cllllllll l llirtM | ft ! ll > ' I'.V-
IsfliiK I'uvti ,
John 1. . . W b lcr of this city made th
principal argument In tlic Transmlp ! nslpp
conRfess In opposition to the resolutlor
Uvorlng the free and unlimited coinage of
silver. Ills address was as follows :
" 1 think It unwlne and extremely unfortunate -
nato tliat the majority of the committee felt
It Its duly to take any affirmative action
vvliatsoovcr upon the silver ( iiicstlon , The
primary purpose of this congress Is to condense -
dense Into reasonable shape our vlewa upon
rich questions as affect the material develop
ment of the country v\e t of the Mlsslss'pp
river , questions which In a meisure arc
local , of vvtilch Irrlgatlo' ) , forestry and
agriculture may serve as Illustrations. Th <
: silver question Is not a local Infrest. !
understand that It Is a question advocated
chiefly by men living In the sliver producing
states. That la only local agitation. The
usj of both silver and gold as money mint
nffcct every part of the United States alike
It would be ao far reaching In UP effect as
our country extends In every direction , pen
ctratlng eveiy avenup of omployinsnt , affect
ing every Industry and reaching every man's
horn ? . Aye , more than that , It Is a question
vv.hleh affects the commercial and biisliuws
relations of HIP United States with the rest
of the civilized world , and affects the honor
and credit of our'country.
"Hven more than all this , the silver ques
tion Ins bJcome a political question , Just as
much nt the tariff or free trade arc political
qutHtlons. It Is as much a pirty question us
Is the tariff question. I do not speak of the
question , whether it ought to be to'I speak
of 11 as It Is. The question I put to this
congress Is : 'Does It mean to go Into poli
tics ? '
"II Is tha purpose of this congress to appeal
to the HO,000,000 of people cast of the Missis
sippi river , and to the congress of the Dinted
StatoJ , to lend their encouragement and actual
assistance In the development of the legiti
mate enterprises of the wept , to which we are
properly directing our attention , and upin
to Men we are agreed. When we come , how
ever , to couple with our Irrigation problems
and forestry problems and transportation
problems a proposition In favor of the free
and unlimited coinage of silver at the exist
ing ratios , a doctrine which many of our
caKtern ndnhbors deem a fanatical heresy ,
upeouiid In principle and unsafe and danger
ous In practice , what leason have we to
hope , or right to expect , that they will re
ceive with any more favorable consideration
our recommendations upon the other ques
tions In which we arc particularly concerned.
"Tho minority of your committee on resolu
tions Is therefore of the opinion that this
congress has no business to pass resolutions
upon the silver question ; or If so bo It that
It Is the will of this congress to express Us
fccntlment upon this financial question , It Is
our Judgment that It should be expressed
lit 1I1VU1 Ut QUIllllI UIUIIIJ' , UJIU UIUI UUI VUIUUJJ
should be rahed In behalf of the national
honor and national credit , and that our In
fluence should not be- used as a disturbing
element , to aggravate the existing financial
depression , and to stand as a menace In the
way of returning prosperity.
AI'l'IinCIATlON OK GOLD.
"The report of the majority of the commit
tee Is based on the assumption , one that runs
through every argument In favor of free
coinage of silver , that there Is an apprecia
tion In gold which Increases the wealth of
the creditor and diminishes the wealth of the
debtor. The form which the pioposltlon has
assumed , or rather the words In which It
Is clothed , arc such as to appeal to the
prejudices of the poor man and to exclto his
animosity and his hatred against the man
of wealth , an argument which may bo ef
fective , but not the most highly creditable.
"I have not been able to convince mjscll
that there Is any appreciation in the value ol
gold. I am not skilled In reasoning upon
this question theoretically , and can only deal
with it ns I find facts pointing the way to
truth
'Tor there to bo an appreciation In the
value of gold It seems to me as fundamental
cither tint there t'hould be a diminution In
the quality of the metal or the demands for
the use of the metal should bo Increasing In
a greater ratio than does Its production.
Wo have not the time to go over the history
of the production of gold and the production
of silver , during any great period of time.
"The height of the sliver agitation has
been slnco ISflO , and during these same
years the country has gone through the most
direful distress. Slhcr agitation and hard
times seem ns much linked together as the
Siamese twins. If there Is any possible con
dition of things which should have produced
nn appreciation In gold tliebc twin sisters ,
flnanc.'al depression and free silver agita
tion , most likely would have produced It.
"Let uo look at a few facts , however , ex
isting during the last five years. Secretary
Carlisle Uated In his speech befors thj
Memphis convention that the gold product
In the United States in 1800 was $118,849,000.
I do not know what means of Information
the secretary had to justify him In making
the statement , but I assume that ho would
not mane n watement winch he dm not be-
llnve to bo true , and I further asstimo that
with the means at his command ho resorted
to the most trustworthy sources to obtain
the most reliable Information.
"A few days ago I read In the World-
Herald the statement that the gold product
of the United States In 1SD1 was $180.620,100
As th's ' paper Is edited by my friend Hryan ,
the champion of frco silver , and the state
ment purports to be taken from the report of
the director of the mints , I niu ° t assume as
to thlr statement that It also Is correct.
"An Instant's comparison of these two
statements shows that during the four years
vUion the business of this country was on
the down grade , and when there existed the
least demand for money , that the gold prod
uct had Increased more than 50 per cent-or
? G1,777.100 , end certalnnly no man would
contend that the business of this country
had Increased In ony such-Mike ratio during
these four years. There Is nothing hero to
Indicate an appreciation In gold , and ac
cording to the rule of supply and demand
there- should have been a depreciation.
"A momentary glance at * this question
during a century pist. Those who pretend
to know most upon tills question , these who
by reason of their position and public duties
ought to know the truth of these things , pay
that tli ? per capita gold production In 1E95
vat < greater than the per cviplta production
of both gold and sliver 100 years ago. If
this be true , there la certainly nothing In
this fact to Indicate an appreciation In the
value of gold , but It would rather tend to
Indicate a depreciation In the value of gold
In the ratio which the product of silver stands
to the product of gold during those former
years.
"I Know that they tell us that the price of
wheat has gone clown 60 per cent , and fur
ther , the purchasing power of gold has been
enhanced 100 per cent. That utitement
proves nothing , because II does not prove
that the value of gold has had anything
whatever to do with the depreciation In value
of the wheat product ,
WHAT WAGES WI&L BUY.
"If jou want to point to a moro certain
criterion touching the vnluo of money , point
to the day's labor of the mechanic and look
to the purchasing power of the wages which
he received. Why , sirs , the senate committee -
too reported that during the last thirty years
the wages of the laborers of this country
had Increased 34 per cent. I find by the
compilation of the census reports of 1S90 that
during ten years the amount of wages of
the laborers of this country had increased
40 per cent. Today the tolling millions of
this country receive- the higher wages , and
payable In moiuy equivalent In value to the
gold dollar. The result Is that the purchas
ing power of the compensation received by
the people who labor , under the present finan
cial condition of affairs , IB greater than
during any previous | > ? rlod of this country ,
when my free silver frlrndu contend that
wo had tbo free and unlimited coinage , of
both metals. We who ere In favor'of iliy
minority report of the committee- are the
true friends of the laboring man In Ilila
country , and the free silver advocates are
their enemlei , In that they would pay them
the same ixr diem In a depreciated coin ,
"It l > not , however , oloito the amount ot
gold in circulation In the country that must
itf'titnhii ' whether It hr.ft Appreciation In
v.Viic , Hit It In tli * iniount of the entire clr
CiiM'ng ' iiMli.ni maintained en a pirltr with
rtflil. vvhellitr that me-Jluin bo rolcl , silver or
tr'pcr. W.'un theoretically , jou speak o
th iiitttion of 'trpl > anJ dnmnnd , ' * c can
hiuc hut trie criterion to meMile ( bat iupply
.tnd fl fl ! ml by. . xvMeh Is ( hi cr.t'ff amount o
Urciinth.g nionty In HIP "inntry.
"fh * tiiiotml cf clrcuhting money liisbocn
constant ! * l-'crdving if. this country ftom the
time when my friend * tall.cd of the demonc
tlrstlon nf silver down to IM.V While In
150 the fiiliro cmonr.t cf circulating incdlun
nfti , 97,1,000,00i ( , In 1 3 thu amount Of clr
cultlnc m < i1lmn v-stt (1,801,000,000 , Why
mark jou , line was un liicrcnto In fifteen
years of iteirly 100 per cent. These startling
facts arc a. complete answer to the unwar-
rinied .issprtloiiof my fr e Mkfr friends tha
the dcmonttbstlcn of silver In J873 struck
down and wiped out of existence one-half the
money of the country.
CAUSK OP BUSINESS DEPRESSION.
"The advocates of the free and unllmltw
coinage of silver at the ptceent ratio , will
uniformity , nport that the financial disasters
of the last three jcnrs aretha result of the
demonetisation of silver. I cannot under
stand how any man who reflects ( an have the
courage to make such a dtatcment. The nc
to which they refer , as demonetization of sll
ver , was passed In 1873. If silver was de
monetized , It was demonetised then , nm
thpre ; If that act struck down silver am
clestrojed one-half the money of the country
and brought about the marvelous appreciation
of gMd , Mich events tcnk place more than
twentv-two years ago. If ruin and disaster
and destruction were the natural and nccss-
sary outgiowth of the act of 1873 , they woult
have followed fast after thp enactment of the
law which should have brought them Into ox-
Islcncp
"The history of this country from 1873 to
1891 stands a proof that none of the present
existing evils were the outgrowth of the ac
of 1S73 The greatest era of prosperity this
country has ever known from the days o
George Washington down to Orover Cleve
land was- from 1875 to 1891. During these
years there were better prices , bcttsr wages
more factories running , more cities bein {
built , more farms being opened up. and mors
enterprises developing than during any pre
vious like period of time In our country's
history.
"Another le t generally rcsort'd to by al
thinking men by which to measure the pros
perity of the nation Is Its foreign com-
jiicrc ? ; that Is something which ought to ap
peal to this congicsR , as both are of a com
mercial natuie. In 1892 the foreign trade ol
the United States reached the enormous PUIII
of $1,857,6SOCDS. That was under the closing
vear ot the republican administration ol
Benjamin Harrison , and under the fostering
care ot the McKlnley tariff law , the like o ;
which has never been seen before , and has
not been experienced flnce.
"Thoe who undertake to trace the hart
times of the last three years to the money
question , ought to open their eyes wide
enough to sec that the pernicious effect of the
tariff act han had much to do with bringing
about these frightful results. Why , \vlthln
thiee years It has reduced the foreign trade
of this country $ ' ! 06.3Ii6,000.
"Under the results of that free trade-
policy. American exports decreased In 1893
$111,000,000. and In 1S14 $107,000,000 , and from
1894 to 1895. $40,000,000.
"The agriculturists says , however , the
prices of the agricultural products have fallen
as a reiult nf the demonetization of silver
I ttll him that thfse reductions In prices have
tak ° n place since HIP agitations ot the free
trade policy and after the silver question had
taken posje s'lon of the country. According to
the reports of the secretary of the treabiiry ,
the decrease In exports ot agricultural prod
ucts In IS'15 ' over that of 1894 wat' $58,727-
512 ; while as a reserve to the proposition the
Increased Imports from foreign manufactured
goods from 1S94 to IKTi was $108.954 000.
"If your complaint is that our money Is
drifting away to Europe , let congress remod ]
the tariff system to something like what It
was before 1892 , and then there will bo saved
ti us this $108,954,000 , which Is used in set
tling the accounts with Europe on the basis
of the pound sterling In England.
LRAUS TO SILVUn MONOMETALLISM.
"The so-called demonetlzat'on ' of silver In
the various civilized countries of the world
has not destroyed the use ot silver as money.
From the last report of the director of the
mint , and I take this , too , from the Omaha
World-Heiald of November 25 , the amount
of gold In the world Is $4.086,800,000 , the
amount of full legal tender silver , $3,439,300-
000 , the amount of subsidiary silver coin IP
$631,200,000 , thus making the total silver
money of the world equal to the total gold
money of the world.
"This leads us to make the suggestion , that ,
wheieis , the total amount of the coin value of
the silver money In-the world Is equal to the
total coin value of the gold money In the
world , how comes It that the silver standard
countries are unable to maintain their silver
on a parity with gold- Being equal In quan
tity , they would be equal In purchasing
power , were It not for the fact that the over
abundant production of sliver comparedto the
annual production of gel 1 has depreciated the
valus of the silver metal , and all the powers
of earth cannot keep the Increased quantl'y
of t'lvcr on a parity with gold in the business
transactions of the world.
"In reading the \arious speeches and edi
torials of my silver friends I have found
such a diversity of statements touching the
product of gold and silver tint I have come
nearly to the conclusion that they are un-
icllabls and unsafe , If not dangerous , guides
In the study of this question.
"I want to go to the most reliable source ,
and I know no source on which an American
can rely with greater certainty than thf re
port of the director of the American mints1.
ITo rsnrrln the r nlil nrn/lnpf nf flip Tlnlf l
States for ISO I In coin value to be $39,500-
000 ; ho repotts the product of silver to be
49.500,000 ounces of a commercial value of
$11,42J,000 , but of a coined value under the
prrf'jnt ratio of 16 to 1 , $64.000,000.
"It will thus be seen that the production
ot sliver , according to Its co'n value. Is annu
ally CO per cent greater than the production
of gold , or an excess of $24,500,000 In ono
year. As a fair-minded man , I put to you
the proposition , could you possibly continue
the free and unlimited coinage of bath metals
with an annual production ot silver 60 per
cent greater than the production of gold ,
and hope to maintain the parity of the two
metals ?
"From the same source look to the product
of the gold and i'ilvcr ot tli2 world at large ,
The gold product of the world In 1S94 , coin
value , was $180,626,100. The commercial
value of tha world's product of sliver was
$106,622.900 , and Its coin value $216,892,200.
From this statement you are met with two
startling propositions : First , the frco and
unlimited coinage of silver on the theory that
the parity of the metals Is to be maintained
would be to give to the ownir of the silver
bullion $110.369,300. Who Is asked to give
t ? The nation , What Is the equivalent ?
Nothing. What benefit would It be to the
agriculturist or the laborer ? None vvhatra-
ever. Second , by comparison of the produc
tion of ths two metals It will be observed
hat the coin value of silver annually oxcecdu
that of gold $36,166,100. Can the most con-
servatlvo man even hope to throw open the
mints of America , to all the silver of the
world , regardless of the action of any other
nation , and thus coin and throw Into circula
tion $16,166,100 In oxceio of the entire world's
iroduct of gold annually and hope to maln-
aln the- parity between the two metals for
a single hour ? Why , If such a law would
> o passed this afUrnoon , before the sun
, 'hould go down tomorrow this country would
jo on the verge of such financial distress and
ruin au no words of mine or yours could
Itly describe.
ErpicT : OF I-RKI : COINAGE.
"I do not believe any sensible man would
be In favor of the free and unlimited coinage
of silver under existing conditions If he did
not believeIt would Increase the quantity of
the circulating medium. My apprehension ls >
that th free and unlimited coinage of sliver
under present existing conditions would
cither destroy or drive out of use more than
one-half the present money of the country ,
and If persisted In you men who are listening
to me would be In your graves before the
country would go back to the money stand
ard and money circulation as good ag we
mvo today. It wan lately Plated by the
secretary of the treasury In a public speech
that the money In circulation In this country
was as follows :
CJoUl , . . $031,000,000
United States note * 316,000 , < iOO
Treasury notcn , ISM 148,000,000
National bunlc notes , 211,000,000
Subsidiary silver 76,000,000 ,
"My tlrt-t proposition U that the free and
unlimited coinage of tllver would drive the
C31.000.000 of gold out of circulation. 1
lave bald heretofore enough by way ot argu
ment to show that U would be impossible
tu maintain i parity of the two metals by rea-
on of the over-Abundance of the silver pro-
luctlon , but aside from that I appeal to hl -
ory. History U a wiser teacher than the-
What country In the world today
maintain * the free and unlimited coinage ol
the ( no metals and hi * gold In circulation ?
Nona. What country In the \vorld ever main
tained gold In circulation with the free nml
unlimited coinage of both inctAlu , except
when the commercial value of the two metals
were at a par as a commodity ? None.
"We know further that from the time the
free sliver agitation began In this country a
few years ago there has been a disposition
to gather and hoard gold. Then began a re-
dkctlcn of the payment ot tariff duties In
gold. Then began the presentation of Amer
ican securities by foreign holders for their re
demption In gold. Since then the public treas
ury has been constantly drained of Its gold ,
and this thing went on until at last the
verge of the cyclone made Its apcparance
which was to overwhelm and destroy the
iniuiiiiui HI-UK , ui mis country , unu imu n.
not been for the strong personality of the
president of the United States , who took
It upon himself , at great cost and great
risk , to sell American bonds to replenish
the treasury , this country would already have
been upon a silver basis and the $631,000,000
of gold have gone out of circulation.
"But that Is not all of the- havoc to be
wrought. The currency of the country , to-
wit , the $346,000,000 United States notes , the
$148,000,000 treasury notes of 1890 , and the
$211,000,000 of national bank notes , aggrs-
gating $705,000,000 , have their purchasing
power basd upon the gold valuation , You
sweep the gold out of circulation and supply
Its place with depreciated silver , and In like
manner you reduce the purchasing power of
the $705,000,000 of circulating currency ,
des'roylng the purchasing power of the
that currency to the extent of $350,000,000.
The total destruction of the purchasing power
of the money of the country by this process
would be about $981,000,000. as the natural ,
legitimate and logical result ot the super
abundant coinage of the depreciated silver of
tlu world.
THEY UNDERSTAND THIS.
"Some of my free sliver ft lends practically
admit the forcf of thlo logic , admit the coun
try siiQum pass 10 die silver oasis ami to
silver monomo'ntllsm. ' They accept th ? log
ical conclusions of ths situation , but have
they ever coutittd the cost of the destruction
of the money of the people and the slow pro
cess by which It It to b ? reinstated by the
free coinage of silver ? Why , according to
the reports of the- director ot the mints , the
annual coining capacity of the mints of tbo
United States Is but $40,000,000 a year.
Why , It would take sixteen > ears to coin
enough silver to take the plac ? of the gold
alone which we would drive out of circula
tion , and It would take ten years moro to
coin enough to take the place of the de
stroyed value of the currency , thus , some
twenty-six years would have gone by before
my free coinage friends hope to restore the
money of the- country to the present existing
amount.
"I know my free sllvar friends have a
common answer to substantial data and factt >
presented by the people wbo would maintain
the honor and financial Integrity of our
country , and that answer consists generally
In bombastic declamation containing pitch
epithets and allusions as 'gold bugs' and
'plutocrats' and 'What care we for England. '
'Wo didn't ask England for the privilege of
declaring for American Independence , why
need we ask England now to declare our In
dependence on the money question ? '
"These ftar spangled banner arguments
may satisfy frea silver men. but In the face
of historic and stubborn facts they have not
the weight of a summer zphyr. The United
States to maintain Its supremacy among the
commercial nations of the world must hive
as gooil money ami as goou creidi as its
commercial rivals. With an Inferior mo-noy
we could neither punish England nor en
rich ourselves , and those who entertain such
, i thought are harboring one of the greatest
delusions of the age.
CARLISLE'S PROPOSITION.
"Secretary Carlisle in his speech at
Bowling Green , Ky. , on the 25th of May ,
1895 , stated five propositions that are worthy
of the consideration of every thinking man
on this question. Permit mo to read them.
First , That there Is not a free coinage coun
try In the world today that Is not on a silver
basis. Second. That there Is not a gold stand
ard country In the world today that does not
use silver as money along with gold. Third ,
That there Is not n silver standard country
in the world today that uses any gold as
money along with silver. Fourth , That there
Is not a silver standard country In the world
today that has more than onethlrd as much
money In circulation per capita as the United
States , has and Fifth , That there Is not a
sliver standard country in the world today
where the laboring man receives fair pay
for his day's work.
"Mr. Carlisle stated that he was ready to
maintain ' these propositions anywhere ; that
he stated them deliberately after a careful
examination of the monetary statistics of
the commercial and Industrial systems of the
countries. So far as I have ob3erved no man
las undertaken to answer these propositions.
I personally do not believe that any free
silver man can answer these propositions.
Until they arc answered It is idle for free
t'llver people to Eay that with a free and un
limited coinage of silver at the ratio ot 16
to 1 that we can cither maintain the parity
of the two metals or that wo can have gold
and silver In circulation , or to maintain that
with silver we can either have more money
or a better monetary system than we now
have.
"Such resolutions as you are about to pass
today are largely personal In their character ;
they are prompted by a sentiment that Is
localized Its supporters entertain opinions
not prompted by that higher plane of states
manship that seo3 the whole country and all
Its Interests at u glance , and would protect
Its national commerce and Its national credit.
This needs no stroncer proof than to point
to the fact that the free sliver agitators in
this convention come from the silver mining
localities with rare exceptions , and the 50-
000,000 of people east of the Missouri river
not unduly controlled by that influence stand to
the proposition that this nation shall maintain
the equal purchasing and debt paylnf ? power
of every dollar , whether It be gold , silver or
paper. President Cleveland has denounced
this free silver doctrlno as financial madness.
That statement of President Cleveland's will
pass Into political literature and will serve
as a proper epitaph to be Inscribed on the
tombstone of the sllverltes. "
DcWItt'a Little Early Risers cure Indites *
tlon and bad breath.
Mrx. Kliiiltall AVIII IlN < rl1 > iiU >
BOSTON. Dec. 1. The funds which W.
W. Howard conveyed to eastern Turkey In
behalf of the Christian Herald of New York
are to bo entrusted for distribution to Dr.
Orace N. Klmball of Vnn , whose home Is In
linngor , Ale. Hhe Is a missionary of the
American Itonrd of the Woman'8 Board of
MlBhlons , supported by the Maine branch of
! he Womnn'H Hoard. Or , Klmball went out
UH n mis lonuiy In 1SS2 iiml has rendered
effective tervlcc ns a medical missionary.
She Is considered nn one of the most capable
women In the missionary Kcrvlce.und nun dis
tributor of relief funds ha had especial suc
cess , owing to her knowledge of the homes
ot the Armenian ? , gained while at work an
a missionary physician. W. W. Howard WUB
the correspondent of the Associated press
who llrst published the troubles In Armenia.
Files of pople have plies , out DeWltt'a
Witch Hazel Salve will cure them.
Horn In tin * Toner of Innilin.
VIRGINIA , III. , Dec. 1. Mrs. John
Ufaton , a highly respected early * settler of
: hls portion of Illinois , died this morning ,
ngPd 7C. Her maiden name was Mary J ,
[ "ullcrton , and cho was burn In the Tower
of London , England , February 29. 1820.
When tier father , Mujor JUIIHB Fu'.fcrton ,
was In command of the tower , all visitors
o this famous prison of the old world were
Hbown the room , and especial attention was
called to the fact by the guides that Mary
r. Fullcrton Henton wan the only female
ver born In the tower. Biie Is survived by
ler husband , Captain John Heaton , uged
A , and nine children.
One Minute Couch Cure Is a popular remedy
or croup. Safe for children and adults.
Cell I > r < ! tloii AVItliilrnmi.
PIIOVIDI3NCE , . I. , Dec , 1 , The petl-
Ion of Samuel P. Colt for commissioner ) )
o take evidence against J. J , Van Alen for
200,000 damages for the alienating of hla
vlfe's affections , came up for a hearing In
ho appellate division of the supreme court
'euterday. The petition wag , however , with-
Iravvn In accordance with the agreement
enteied Into Jit the New York conference
of the friends of all the parties last Mon-
luy. Mrs. Colt will KO abroad an noon as
he adjustment la completed ,
'il for Convention ,
CHICAGO , Dec. 1. Thu Hlibextciillve coin-
nlttce of the National League of College
Clubs decided that the league convention
of next April uhall Upheld In this city.
CeWltt'i Little Early Riser * , the pill * that
cure constipation and bllllousneu.
WOOL TRADE ( jjpNTRATIM
Opening of the Now.Xork Wool Exobang
Marks a Newi Epoch ,
m '
IS A MENACE TO LONDON'S ' SUPREMACY
> }
\ i 1
HcKiilnr .Mu-llnn qlcxVI1I lie llrl
anil It In lt < iici | In Center the
Trait i1 In Till * Ciitinfr-
Mint I'otul.
NHW YOniC , Hcc , I. The Herald todn
says : Tlio opening of the Wool exchange
whoso lianilsomo new building at Dene
street anil West Broadway IP nlmo < > t com
pletetl , Is Intended to make New York tli
wool market of the country and to rovolu
tlonlzo the methods of the business , bet
here and In the east. H IB asserted by thos
vvlio are back of this scheme that Its cffcc
will bo to drive the wool trade of Boston t
this city In a body. Already ninny eastern
merchants and traders have taken offices In
the Wool exchange bulldlnR. There ha
never before been an established center fo
the marketing of wool In this country
Wool merchants and brokers li
tills city , for example , were scattered nbon
from Canal to 1'lnc streets. There was n
concert amonj ; them and no mean * of jiro
vMlnp entertainment or accommodations fo
the out of town trade.
Many merchant" hiivo IOIIK been con
\lnced that Mow York , n- > the natural per
of e-ntrv of the country , should be tiiovidc
with facilities for the paleof foreign wool
It was seen that If this Ehou'.il bp done mer
chants \\ould no longer be obliged to g
trT nnr nrt t ft 1tl l JIM * 1intr > it r nt na tltitt * it
nt present , but could transact all tbcl
business In New York. The new Wool ox
chance proposes to provide these facilities
Arstrnllnn wool wl'l In the ftituic be sold
here to mamifncturers dlitct. Another tin
portnnt fo.iturc of this centralization of In
tere tB will bo Hint the manufacturers inus
be attracted to New YOIK more fren.ucntl >
than to other market ? , not only beenu
wool will be sold heic nt nuctlon , as In
London , but becau p they nrcMnteiesteil In
pushing the sn'e of their Roods IliroiiK'
New York comml'-plon nouses. The frequency
quoncy of these latter vNlts hns nlvvny
had n tendency to make of New York th
mtur.il wool market of the country , nni
with a wool cxchntiKo In actual operat'oi '
to emphasize this fact , and located In tin
center of the dry Roods district of the city
the manufacturer will discover little neo (
of pii hlnff bis Investigations ncrosa tin-
water.
Importers In New York wl'l , In thus In
nuKtir.itltiK the sale of wool yhlpped illrec
from Australia , establish n rival and per
chance distance the London market. The
New York Wool Warehouse company
urdcr which ile lRnatlon tne exchange ha
been started , will emplov tlic newc t mc-th
ods for the reception nnd shipment of the
wool. All the olllces In tbo cleven-storv
fireproof building have already been rcntei
by wool Importers or brokers from ninnv
parts of the country. The exchange room
on the flr t floor or the btilltjlnp lias been
handsomely Htted up und every posslb'e
facility provided for the Inspection ot Flock
The New York Wool Warehouse company
was Incorporated teveral years auo with the
object of puttlnir up the. present bulldlnR a
a cost of $1,000,000. e
S IIUCOME Violin STIA Y
H of tli llroltom Grmlmillj
Sl-ttllllK 1 > OT H UN SrllfPN VllIllNll.
NKW YORK , Dec. 1. Jlenry Clews , lie-it
ot the banking house of Henry Clews .S.
Co. , writes of the sltmtlon In Wall street :
"Thu stock market begins to exhibit a
more settled tone "haA. news "has been
pretty thoroughly tl'Oc'ounted. ' For ncarlj
three months the mqrMt has been under
the influence of currency agitation , the
Kafllr craze , Europ9an political difficulties
and dlfatrust of the Industrials. During this
period a majority tof the active rallroat
shares have dccllnrd 10 or moie points
Liquidation has been ! persistent and com
plete , but no weak * psts have developed li
consequence , nnd none re expected. A
Krent many ot the , ntock lately lOftercil on
tl-ls market have corounfrom timid ho'ders
or exhausted maiB'n ' , .and . have fallen Into
strong hands , so that conditions favor i
decided change when the leaders of specu
lation are ready tor a shift of position
When this will confc we are not prcparec
to predict , but It Is sulllclent to know tli.it
Inlluences which caused the decline nro
changing for the better , and thnt prices
ere long must reflect these changes. As for
currency reform , while the two polltlc.il
parties may dispute as to Its detail , both
are alive to Its necessity , as well as to the
fact that the country Is in earnest on the
question , and will hold that party responsi
ble at the next election which falls to ilo its
duty. The silver question Is practically a
dead Issue ; and the possible embarrassment
of the treasury can be nothing more than
a tcmpoiary affair , easily titled over by
some expedient until congress acts. The
Kafllr craze has lind a wholesome check.
The losses were severe , but they have not
been ot the character , either In London ,
Paris or Uerlln , to nffect tne general finan
cial or business situation. The tllssase has
been ot a local and not general nature. The
most Important factors affecting railroad se
curities aie the Improved condition anil
prospects of business In the United States
Trade Is alvvavs quiet at the end ot the
jcar , and the present setback Is merely
temporary. When the corn crop begins to
move general business will revive , and the-
railroads will unquestionably be taxed to
their utmost to carry botn grain and gen
eral merchandise. Just now some of the
granRers are showing remarkable earnings
iiecause of the heavy w lint , ore and lum
ber tonnage. Later on this activity will
extend to other roads , especially to coin
carriers , and we may expect much larger
.
"There are things looming up In the finan
cial horizon which suggest at least the pos
sibility of a revival of speculation with the
opening of the new year. 'Coming events
cast their shadows before them , ' and some
shrewd obnerveis think they can already
race the outlines of Buch shadows. Strange
to say , the = e peemltiR suggestions of 'good
times coming' are traced In the very move
ment that lias lately created BO much ap-
iiehenslon on the bourses of Europe and tea
a less extent In this city. There is a mys
tery of strength In the Kalllr speculation
that deseives attention. The hhartH have-
not fallen cither ut London or Paris ne.uly
so much as hail been expected , and there
ias now come a sharpness of reaction In
hem that excites surprise. The scrutiny to
which distrust has subjected them has pub
licly developsil the fact that while many
of the enterprises were worthless und moie
vvers overcapitalized or uncertain ns to their
icsultf , yet the great spseulatlon , taken us
a whole , means that sources of xold hnvu
been discovered In Africa exceeding all pre
vious findings In history. In other partH of
th world also Important cli'pjsltH of the
yellow metal have been unearthed , nnd In
Colorado a gold mining excitement lias
arlpen which seems to Imply really valuable
discoveries. All this Is Important , not eo
much for what It Is > In Itself an a branch
In speculation , os for.what It Implies. It
msans that the worldHs ! to see forthwith a
very Important Incit-nse In Us supply of
rold. No less nn utttliorlty than the noted
French economist , I'l'JuI ' Leroy-Doaullcu ,
states In tlie Forum'that. ' In two or tlirco
years , the annual now supply of gold will
amount to from JJOO.o&WO to $2 ,000,000 , ami
that this output will continue for twenty-
live to thirty yenrsLnWl possibly for llfty
years. Comparing tliWe tlmate with that of
other authorities , lr Would gecm to be a
very moderate onelfanii may possibly bo
materially surpassed by the event. This
propped , so con plcunuHly brought before
publlo attention by tlietiilllr excitement , is
beginning to receive1 rimctlcal attention In
kpuculatlve circles lrf Knrope , It Is nrgueil
that It foreshadow l a Virtual Inflation of
the cardinal money-of the world ; that tiie
Increase of gold nllnlmUice | nn Increut-e In
the amount of paper , money based upon
It , nnd that thd vvoflil'ls thus closely verg
ing upon an Inllatlmi of Its stock of cur-
rency. Thls.lt Is reufcinfd , means continued
low rate * of Intercutplubundance of money ,
nn advance In the prirjQPfpf all products and
from that un Increase of production. These
conditions , It Is further Inferred , must lead
to a universal rovhnl $ ( tiode , to the crea
tion nf nan * f > nt * rnrtMPM'nnil tn n rAVnrsnl nf
the depressed Dtato of affairs that came
with the Uarlngft failure.
"It cannot be denied that there Is more
than mere plausibility In these foreshadow
ing * . The present circumstances have In
them much the vame elements of revival
as have attended some 6f tlie most remarka
ble developments of enterprise nnd specula
tion. After five years of comparatively
proIlllcBj business- , all classes are eager to
participate In movements that portend recovery -
c-overy and anxlou to take ventures tlmt
proinUo compensation past losses , and
there Is evidence enough that these live
years of economy have yielded a surplus
that awaits Investment. Moreover , the po
litical feeling In Europe Is awiumlng u much
nioru hopeful tone , Not only is there no
longer nnv danger of u bad xltuatlon aris
ing out of Turkish affairs , but that test of
tlie underlying attitude of the powers on
certain explosive queftlona Incident to
event * In China and Turkey has developed
evidence's of a disposition toward pacific
policies which are calculated to allay Die
distrust that for years has hung over thu
money centers of the world. The foregoing
factors are cited ns at preaont ocbupylng
attention In the higher circles of finance
acroas the Atlantic , and It la not cllfllcult to
fore ce wlmt kind ot cffoc-t th y may > eon
linvt * on Fpoculntlve operation * ot ovety
kind. At New York there can pcnrcelv be
said to be an yet nny distinct perception
of the working of the u Influcncei. Hut , to
close observer * , there Is n cotwIousticfK of n
better lone , n nen p of n more brnclng nt-
moophere anil nn Intuition of the ntli
of better financial weather. In view of the e
con ldcrntlons we counsel n more hopeful
fooling and regard the situation as fnvor-
nblo to better prices for jhe time being. "
CIIICA ( ! < I (1IIAI.N MAIIICUTS.
Closing I'rlci-B nntl Pcntnrrs > f Hie
TrnilliiK mi Sntnriln } .
CHICAGO , Nov. ,3(1. ( Wheat closed flint
todnj without change In price for tlie May
delivery , but 1 l-16c lower for December.
Near the close It was revealed that orders
for < 00,000 bu. of No 2 red winter vvcie re
ceived today , but owing to nn advance In
the premium demanded by the holder" , only
176,000 bu. wore disposed of In round lots ,
26,000 bu ot It nt 4 per cent premium over
December and 150,000 bu. ot n higher rate.
No. .1 hard spring wheat sold In thn simple'
rrarkf-t at fi7'4c ' , to go to store , when ir-g-
tilar No 2 for December was & 6'c. I'otter
Vic over December price for another 0ij,0i > )
bu of No. 2 northern , In nddltion to 500,000
bu tliev bought of him vestcrduy , and
llrnlly bid that fet any pail of 1WO 000
bu , but Armour .t Co bad no moro for
Kale. The trade vvn light thiougliout , and
the tango In prices for the clay was only
" 4c per bu. At the clo e December shows ,
compared with last quotations for the day
before , n decline of 1 I-lCc , nnd May Is un-
cliangc'd. The latest In tlie pit vvns fi ! > 'n :
bid for December nnd fiOHc bid for Mn >
Thu only feature of tha dealings In corn
wns the anxiety to sell Decembei. Thai
rerulteil In the delivery In qucctlon being
i educed to 3-16c iil caunt under Jnnuaty ,
as compared with Ho premium on tbo day
before. It had the effect of creating n
slightly easier feeling In SIny , therebclnt ;
sellers of It at 9c at the close , ns com
pared with bujers at that price on the cloy
before.
Theic was considerable liquidation In De
cember oats , as well as May. The Inttei
opened at from DO ic to 3)Uc , sold nt ZO'fce ,
declined to LWle. nnd ploseil nt from 'to to
' 5c lower , with tbo low price bid. Decem
ber ranged from 17 , c to 17c , closing at the
latter price , u ilecilne of J4o.
Provisions nven ed easier on account nf
the liquidation of December pork. The fu
tures In poik vvete not much affected by the
we.akneps In December until near the clo e ,
when they dropped below vesterdiu's rlos-
Inpr price" to the extent of rc for January
and 2c for May. Lard and ribs for Jan-
uaiy and May are substantially as on the
day before.
The lending futures ranged ns follows :
i-uiiN NO. 2 , ; c\c. No \ellow , 27f27 > ic.
OATS No 2. 20 ? < c , No 2 white , f. o. b. , 20'4 ®
21c , No. 3 white , f. o. b. , 1S5J20\C.
mi : NO. 2. see.
I1AULUY No 2. nominal
I'KAX SEUn No. 1. 91V4C.
TIMOTHY sni : Prime , fi GO
1'UOVISIONS Mess jisrlc per bbl , J7.7307.S7H :
lard , per 1OT Ibs , 37W 40 ; ihort rlbn cld s
lloosiJ4 ) 4004 45. dry salted nhouldern ( bnxed ) ,
J4 SORT 7" , short clcai sides ( botc-d ) . 14 62US4 73
WHISKY Distillers' finished goods , p'cr eal ,
POtJI.TItY-rirm ; turkejs 7 f9c. chickens , 6fl >
GUc , diuks. ifflOc
The following ; were the receipts anJ shipments
tod.-ij.
On tha Polno cxeliairs toliv the bnttsr mat-
fcct w.is firmcreamerjr , I'a.'Ultfe ; il-ilry Un
! ite. ) tecs flrii ; inMr. .
1IKTTUK TCT\U IN hTOCK M.YIUCKT.
Kviiernl * Inquiry for fiend StockM ,
IncliulliiK Atiicrlc-iuiM.
LONDON , Dec. 1. Borne 1 > ltf foreign loans
are Impending nnd with the heavy American
sold exports nml a probable release of the
sreat part of the Japanese Indemnity there
s no prospect of an advance In money rates
The tone of the stock mark't has been alto
gether healthier , nil markets showing a
dletlnct recovery. There lias been consid
erable buyingof South Americans anil a
good Investment Inquiry for home securities
and nil classes of good stocks , including
American railroad bonds. Italians were
llrm. Foreign securities were generally im
proved , although tlie Turkish trouble cati es
much anxiety for the future. The mining
market ii still In nn extremely sensitive
condition anil Is likely to remain FO until
the full extent of the dlsasteis on the Paris
jourse are revcalnl. Attention Is being paid
to the West Australian Issues on good re
ports from the Coolsardle district. The
week's advances are : Denver & . Hlo Grande
preferr-d , 3 Chlr-ago. Milwaukee
- : & St. Paul ,
Illinois Central. Lake Shore ; , Louisville &
Nashville , Heading IlrstB and Grand Ttunk
1'4 ! Atchlbon fours and Denver & Hlo
Orande , 1'i : Erie seconds and New Yoik
Cential , 1 ; Hrle , Ontario & Western , North
ern Paclllc and Wabash , ? 4.
XUW Y01IIC GIJM3KAL MAKICET.
ClOHlnn ( tuntntloiiH nn tlic Principal
CoiiimoilltlcH mill SlnitlcH.
NEW 1ORK , Nov. 30 n.Oim Itecelp'v , 43-
300 bbln f exports , 6,900 Ijbln , market dull ; cprlne
nnd winter desirable grades firmly held but buyer *
ndirrerent and the trade slow , tloslnic dull.
City mill patentn , < 4 10fl4 25 ; lntcr patents ,
350S3.70 ; city mill clears. Jl OOS4 10 , win
ter Btralghtn , $3 2083 40 ; Minnesota patents ,
340(83 ( CO ; winter extias. J2 704(3 10 , MlnncMln
lakera , } 2 75J/J 10 Southern flour , noiniml. H\e
lour , dull , supeillne , JJ60S275 , fanes. J2S08300
iuckvtlieat Hour , quiet ; Jl.Soyi 35.
miCKWIICAT Dull ul 4 mr414c.
HYi : Dull : westun , 40Q420.
llAHLnV Dull ; \\fttern , 39jJ4Se.
IlItAN Dull ut t : CO.
IIARUY MALT Dull , western , 4ost48c.
COItN MiAI < Dull ; vcllow v\estein , coarse ,
-3HWC. llrnnd > wlne , | 2 4 i.
WHI3AT KecelptB , 4S2.000 bu ; exports , 80,700
lu ; spat dull , no prcsFUic to hell , prices more or
fss nominal , No 2 led , G7 ? c ; No. 1 hard , 67'ic ,
lollveied. Options opened ijulct , ruled inud-
intely active nnd wcala'r nndtr pome local
liiuldatlon ; othriHlre featureless , and cloned
quiet at H9Mc net decllnu ; December , CHi CSc ,
loped at C4aC.
COHN Hecelpta. 94000 bu. : exports , 25 800 bu ;
spot dull und eat ) , No , " . tec. Options opcne < l
nulet , speculation healtutlnK , closed uulet at Ml
xio net decline , November , 34J 034'4c , clottd at
4 ! c ; December , 3IVifi34Hc' . closed nt 34'.ic.
OATS Hecelptn. KS-OW bu , ixporlv , COO bu ,
pot market neKlectel ; No. 2. 224C23c. Uptlon
nacllxe , closlnn dull nnd without tpeciilntlvu In-
eret at unchaneied priced to " , c decline , Novem-
ier closed at 2-d December closed at 23\c.
WOOI < Quiet , domeullo lleecr , 16@23c : pulled ,
5H'-c.
HAY Dull ! ehlpplnjr , J7.00JJ7.CO ; gooa to
choice. lOfillc.
HOI'S iasy : Btntc , common to choice , 1894
crop , 2Q7c ; 1S35 crop , 7010c ; 1'aclfio count , 1S94
crop , 3'ic ' ; ISJi crop , S&JOc.
lUDIIS Nominal ; California , 21 to ILs , JSfJ
Hlju ; ( lalveetMi , A ) tn 25 Ibfc , ICe ; lluenas Ayrtn.
try , 20 tu 24 Its , 21c ; Texas , do , 24 to 30 Ibu ,
J (13c.
LUATIIiil Dull ; hemlock nole. liucnos
Airca , Ilkht to heavy , 24c , cld , JUiS-tc1.
I'UOVIMIONS lltcf , dull : famllj , Jll M , beef
lama , J1S OJGJG CO. Cut rnealu , cany , plcklid
belllfn , $5 SO'JJ.TS ; plclded Hlnulders , (5 MW5.7J :
ilekled limns , II C008.75. I.urd closed weak at
ho loncst price on record for tnenty-elcht
turn ; rantern 6li-am cloned ut } 570S5."i ; western
tram cloned at IS CS uskrd : November , 1510 ;
omlnal ; it-lined , nulet ; continent , o2J ; Houlh
American , JC CO. I'ork , dull , aliudy ; old mem ,
8M81000.
IIUTIKIl Itecelpta , 31149 ] > kB . ; western dairy ,
ilCo , western creamery. l5l/2tc / ; UlKlna. 21c ,
&lOo ; email , 7 * 10'ic ' ; part cktmi , 3Uj c ;
ull Bkims. 2&3c ,
IJOOS Hecelpls , 6.200 pkK > . ; eteady , slate and
'i-nnnyhanla. 22i2So ; weiltfin , 21i(23e.
TALLOW Hteadj ; clt > , 4 3-ltKj ; country ,
C-lCc.
Tl'Hl'KNTINISteaay nt 2\2Sc. ;
lllOv Kd-udj ; doinritlc , fair to extra , 3TtQC'ic ' ;
upan , 3U4c.
lIOLAHSIIB-Qulet : New Orlcaim , open ketlle ,
oul to eholce , 2902c. ! .
MIITAUS I'le Iron , ijulelj nouthern , 112 COO
400 ; northern , 112 00314 00 , Copper , steady ;
irokern' price. 111. Lead , firm : brokers' price ,
3 20. Tin. plaice , iulut. | Spelter , tjulet ; do
it stir. 13 COU3U.
COTTONHKKD Oil/ Quiet and more or less
omlnal at unrhanKed prlceg , closing dull ;
irline crude , 25'i32Cc : butler Bradro , JOir3Ic ;
irlmn summer jcllow , a:0c ; oil suiiiintr yellow ,
Textile Iiiiiiifiit'lurrrN Dalnic llelter.
MANCJIUSTUU , Dec. 1. A good business
van done last week , both In yarns ami
lotb , and prices were about on a parity with
no advance In cotton , Yiur.H were bought
rcely by home uueru and also China ot
lie-eighth higher , In , cloth the business
wan general and China the largeut taker
nd such us Is now engagee ] la well Into
.vcnr , Indln slco took fnlrlj In
llnet nnd Hiitith Amerlea illd ( lie xninr
Altogether HIP trade vvai morr cll tfttl
bpoau p rclleve-il , thoimli ptlPCvv'tie - IrieK-
lilftf nnd Often very imcr , Kioneh Hplnnerl
ret > ort lp"9 eloliiff ana prlee tntlirr i-atl'r.
The ( lerninn | io ltliin Is unchanged nml Is
eiiRnceil for tlitceto < tlinrmtli nonilniillv
The Nlnncheiter stilnners' ni.ir ln of iiroi
la 1-16 of n cent bcttrr tlinn n month HKO.
OMAII v 7i.Mu.M ; , Muiur.r.
Conillllon nf Trnilc unit < tunln < l ii *
nn Mtiii1o | nml riiiiev I'riiilni'C ,
Katlt-Rttlctly frrsh stock , IJc.
DUTTKn-1'arktnn tock. 0010C ! fair to pool
country , IJtTHc : choice to fancy country , 1431oi
KithcteJ erenmcry , ITOISc ; sepaiator erfini iy ,
IStfSOe.
VCAtCholce tut , 70 to 100 Ibi , re auotM t
"r" , larsr niul connr , 4iCe.
fllUI'.Si-Domestic : Irltk , ll'ic ' : nd.ini , pfr
dox. , | ! > M ; Cluli llai c , , .lb Jirs per doj. . | 3 CO ;
LlinLercer. fancj , per ! b , H'jc , It-j < iucfoit ,
' " " '
) . bilti * cli the b , " " *
uims tup purct.
IinOOM COltN New crop , delhtrcd en track
In country , cholco icreen srlf-worklng cmpet , prr
Iti. , : uc ; ( lioleo sieen tunning to hull , : 'ic-
comimn , ' .
OAMII 1'rnliio fhlrkcni" . VOIIIIR ptr 007 , U ,
unll , II 7IRZ W , Jack snipe , "So ; golden plovtr ,
II 2' . , ( nil , inbbltx , pel dnz , , 11.75 ; small
rabbit * . II , Initlnrd ilucl , M SO , redlundt Jl 50 ,
cniunsLacK diliKc , J3iH)1ISOO ) , teal , blue \\lllR ,
} 17SfI2fK ) , leil , Kii-rti ViliiK , 1175 ; mlMil iluel ,
I17fifi2i)0 ) , ( * unniii Kff P. I" . mill RPO C. $4 ' * ) ,
lininlii , 13 M , door saddlei llfflCc , deer cnrcnsfes ,
12'13. ' ( , | ' , elk fuddles , llfriV , flk cnrciifses ,
PJTtOc ; iintelope saddle' , 12ffHc ; nntilopo car-
ensfr-i lync.
VKOKTAIlI-nS.
I'OTA'IOlOn track , rnr lots , choice Block.
: < Jf10c , Hiiill loin from store. 30i(33c. (
ONIONS-1'er bu , 2StT30c ; Imported Spanish
onlo" . per crntc , COJJc'ic , honif cronn Spanish ,
p < T bbl , . II 50 , 3 tu C-bbl. lots. 11.35
nn\N. Ilnnd-plcKed navy , per lit , II 63 1 75
snvitT l'OTATOis-Clnlce stock , } 223 per
bbl
CAlttlAon-On orders , crated , per 100 Ibs ,
Y Tnnry tTrse- Colorado 60 60c ; choice
flock , large Nn 1 , 40@lic , Inr e No. 2 , Sic , em-ill ,
MMA ntANS-I > er 11) . Cc.
WATHn cnnsS-Per 16-at. cnie , | 1 50S1.7S.
F11U1T3
CAl.irOItNlA Qt'lNCKS-None.
OHi : ON I'KAltS Ptr cnse. J2.21.
CHANliniUllKS-Jeive ) , I < M. Cope CoJ , 13.
MALAU.V nilAPlM Pir 60-lh. bbl. , 10 ; per CS
to 70 lb tro . 17.
IASTIUN : ( SIIAPHS-NU siiipptnc stock.
APPLis : .tonathnns , I < 23M , choice ship-
pine ( "lock , Hen Davis , Of niton , Wlnesap. etc. ,
bblK , } 22otf2C ) , conklns iipp'es , } 2jQ250 ; Cali
fornia .ipp'es , per tin\ , II CO
TROPICAL rilUlTS.
OllANOKS Mexicans , per box , } 4 OOS4 CO ; Jn-
malcas practical ! ) none
LUMONS-Callfornla , pel box , 14 MS4 73. Mcs
nlnaFlze SCO. 14 CO , size TOO , 15 00.
IIANANAS Choice large stock , per bunch , 1200
C2 25 ; medium sized bun"he II 75
rinnssKD MEATS.
IIKLJK Llitlit MCktuu klutli. 4IM to COO Ibs . 4'4 '
85c , Rood town and heifers , 4O5c ; medium
cowa and heifeis. 4ViC74Hc ; good foiequartcrs cowa
and htlfcn , 3' O4c , Kood mndguartcri cow * and
helfcri , CViO7c ; fair hlndquaiteri com and
heifers , be ; cow rounds. Co ; cow chucks ,
SffJUc ; etrtr chucks 3 > t4c : fieet IMlJerlolnj ,
fresh , ICc ; beef rolls , bom less , S',4c ' , sliloln butts ,
bunelcss , SHc , loin back , bontless , S' c ; loin
backs , C'&c ' ; cow ribs , No. 3 , C < c : cow loins. No.
3 , 7'ic ' : ttcer rlba , 7'ic : steer loins , Oc.
MUTTON Drrtsed mutton , B o ; racKs , 8'4c ' ,
UKS , 7c ; saddles , 7c ; stc n , 2'ic.
1'OniC Pork loins. C'tc. ' spare rlb , Cc ; pork
shoulder" . 5c : pork shoulders , skinned. BWc ;
tenderlolni. 13c ; pigs' feet , cleaned , per doz . 25c.
HIDES AND TALLOW.
HIDES No 1 , green hldm , 4'sc ' , No. 2 srccn
hides , 3Hc ; No 1 gircn silted hlctes. 5'fcc , No. 2
Krecn salted hides , 4',4c , No. 2 ureen salted hides ,
5 to 40 Ibs , 4'2c : No 2 green waited hldca , 25 to
than fully cured.
bllEr.P PISLTS Green salted , each 2. > 8COc
ereen salted shearlings ( short wooied early skins )
cucl. He : dry shearlings ( short nojied earl )
eklns ) . No. 1 , t-ach , lOc ; dry bhearlines ( shoit
nooled earl ) tMntl No \ . e i.n. Cc ,
dr > flint Kansas and Nebraska butcher noel
pelts , per lb. . actuil wels'-it , CUEc. dry flint
Kansas and Nebraska Murrain wool pelte , ptr
lb . actual welcht , 4Qic ; dry Hint Colorado
butcher v > eel pelts , per lb , actual \\elKit , 4S7C'ic ,
dr ) flint Colorado Murrr'nvool ' pelts , per Ib
actual weight. 405c : dry pieces snU bucke , uclu l
\\elght , 2f(3c ( Have feel cut elf , aa It ll use-
lesi to pay freight on there
TALLOW AND GnKASC Tallow No. 1 , Jijc.
( allow No. 2 , 3c , Krtase. white A. 3sc. ! greiise ,
hlte II , 3c : crea e , je'low. 2'4c ; HC.IEC , dark ,
2c ; oM butter , 2Q2'/ic ; beeswax , prime , 15S2.'c.
toiiBh tallow. l'6c.
noNKS In car tats weighed and delivered In
Chlraco : Dry buffalo , pel ion. 112 00014 00 ; drs
country , bleached , rtr ten 110 00812.00 ; dry
country , damp and meity. ucr ten , ] 6 004J8 Ou.
WOOL Un ashi > < 1 flne heav > , 607c : fine llRht
S88c ; rjuaner olood , 10012c ; seedy , burry nnd
chaffy , SIi3c ; celled and broken , coaise , lilic ,
celled nnd broken fine. C38c. Fleece washed
Medium , I'iiiflSc : flne , 14016c : tub nas'ied. 16O
ISc : black. Sc ; bucks. Cc ; Ing locks. 2J3c ; dead
pulled , EGc.
FURS.
INo. lINo. lINo. II
I Lge IMii'mlbm'll |
IICAH
Ulack I20Q2I I 15 00
niack YearllngJ. . 12O13 10 00
Dlack Cubs. CU 6
Ulack Montana & .
Mountain 1SQ22 14 00
Ulack Montana
Yearlings 12 00 t 00
niack Montana
Cubi 6 5S | 4 CO
Slixer Tip 20 0-7 12 < X )
Silver Tip Yrls 11 00 8 00
fallvcr Tip Cub * 6 00 4 CO
Drown 2002 ! 19 00
Yearlings 10R12 8 00
Cub 7 00 C 00
Dadger 1O1 CO 00
risher B 00 6 00
rex
Sliver ( according
to biut ) ) 100 COCO CO 00
Silver Pale ( ac-
cord'ir to CO 00 30 00
Cross . 7 CO 3 00
lied . 1 CO 1 25CO
Gray . 75 CO
Kit . CO 40
Lynk . 3 00 2 00
Marten . 200 1 CO
Mink . CO
Mink Dark . 85 65
Mountain Lion
( perfect head
ami leeii
Otter S 00
Otter Pale 7 CO
Ituccooi 60O70
llnccoon" , lilack ,
( as to beauty ) . . COO 2
SKUNK
DlacK , cased 1 23
Short striped * . . . , 1 00CO
Narrow strlpfd. . . CO
I ! rood EtrlpcJ. . . , 20025
Wolverine 4 00
Wolf Mountain. . , 300
Wolf 1'ralrle 65390
Heaver , per skin. CO C
Heater Kits 2 00
MUSKRATS
fiprlnc
Winter 8O10
Pall
Kits t
MISCELLANEOUS.
OYSTERS Mediums , 16c ; horseshoes , Me : extra
eUndui'la , 23c , extra selects. 23c , Ilinneh & Co.
Bdecu , 27c : New York counts , : uc ; standard bulk ,
per cal , 11.10.
CJDEH Pure juice , per half bbl. , 1260 ; per
bbl , 14 CO
BAUER KRAUT Per bbl. . | S CO ; half bbl. , H
MAPLi : HYRUP Plve-ital. rans. c-ich , 1275 ;
per doz , 112 ; ' 4-Kal , cans , | U 25 ; quart cuns ,
| 3 76
76FlOB
FlOB New crop , California , 10-lb. boxes , per
lb. , lie ; common California fig * . CO-lb boxes ,
Cc ; Imported fancy , 30-lb. boxes , 16c ; choice , 10-
lb. bnxiB , 12c ,
DATES Persian , CO-lb boxen , per lb , C'/ic ;
fards. 10-lh boxes , per lb. , 8c
MAPLH SUOAR-Cholce , per lb . OjJWc.
PRESHRVr5 ! Assorted 20-lb. palls , each I1.4J
rorOANUTS-rer inn , | 5.
NUTS Almonds , California , per lb. , medium
sUf , lOc ; Tarragona nlinondH. per lb , large , 13c ,
Hrazlls , per lb , DC ; Pncllsh wnlnuto , per lb ,
fancy sort shell , 12H 13c : standntdi. llfill'ic ,
filberts , per U > , lOc ; pecans , polished intdlum ,
lOc , large , 12c ; peanuts , law , C'Jo ' , roasted , 78 >
7'4c : chestnuts. IGc , hickory nuts , em ill , per bu ,
1175 ; black walnuts , per lnrn-1 , 1200 ; cocoanuts -
nuts , Co ; cocoanuts. per 100 , 14 CO.
Toledo fi nil n Mnrlief.
TOLEDO Nov. 30 WHEAT Dull , steady ; No.
2 , cash nnd December , 64'i" ' ! May , C7' ' c ,
COHN Htead ) ; No. i mixed , 28'ic ' ; No. 3
mind. 23o.
OATS Quiet ; No. 2 mixed , 19c ; No. 2lilte ,
21c.
21c.ItYn Inactive ; No. Z. ciish , 35c.
lliciirrs ; : Wheat , 1C1 , < 0 bu ; com , CO.OOO bu ;
oatH. 22 000 bu ; rye , COO bu ,
HIIIPMENTS-Flour. 8,000 Ibis. ; wheat , 5,000
bu. ; corn , 27,000 bu.
St. LoulN Live. Slock.
ST. I.OUIH , NOV , SO. CATTLI : Kfcfiptu , 700
head , market slow and quiet ; native ttrers 1300
0475 ; rows and helfrrn , mostly )200fi3T. , Texan
steers. 12 C0i)3.75 : eracs-fed conn , II.75r2 75.
liri.lu llnrtalnlti a fiTMl h nd. tnnrU.-l nrtlie.
Ill in y , I340&3CO ; mixed2SS3 CU ; light ,
3 65
65HIIEiP : Receipts , COO head ; market linn ;
tl\e , | 225S325j southern , 1200 300.
1'eorlii
PEORIA , Nov. 30. COHN Klim and higher ,
new No , 2. 27Hc ; new No. 3 , 27 > ic.
OATH Hteady : No , 2 while , 19 19'ic ' ; No , 3
white. i'i41714c.
RYE Dull : nominal.
WHISKY Hteadi ; finished gocd , on the basis
of II 22 f r hlllh wines.
UECtiPT8 Corn , 78,750 bu. ; oats , C8.75J bu ;
whlik > . nnni-l wheat , 3000 bu.
BHII'MENTH Corn. 9,000 bu. ; oat , C8,7W bu ;
whliky , 1,125 gal.vvlieat ; , 1.M0 bu.
Slnruei.
NEW YORK. Nov. 30 HtlQAR-Raw. quiet ;
fair rt-llnlnt , ' , Sc ; ct-ntrlfugal , t > 6 tint , 3ic ; re-
flnfil , quiet ; standard A , 4Hc ; oonfc-clloni-rs' A ,
4 .c ; cut loaf. 1'tc ' ; grunulalt-d , 4V4c.
I/NDON. Nov. -UUOAR-Cune , quiet , but
steady ; centrifugal , Java , 12u 3d ; Muticovado , fair
rellnlnK , 10s 3d licet , llrm nnd rutner dearer ;
November and December. 10 4' ' d ,
'l"rlMVlivnt ( tiiuliitliiim.
BAN KIIANCJBCO , Nov. -WIIHAT-Inac. .
live ; December , kS'.ic ' ; Msy , tlUH , cleartd , (4U9
centals.
/lit \ II ( I ll'P OTA/Mf ITinWP'P
,011 , AHA U\t \ SiOlK JIARKIil
Week nnd Mouth Oloso with Ffllrly Liberal
Koccipts of All Sorts.
CATTLE TRADE SHOWS LITTLE CHANGE
Sutui-In > ImtlUVrrncp Miitilftnf
oil All MII < . * -1I H rlriu tr
n nil AilvniH'c it Me lid L'mlor
Competition.
SATUnnAV , Nov SO.
Itecclpts nnd shipment ! ) for the past
tvvcntj-four horns , nt compared with the
previous six ela.vs , arc n < * follows :
KKCKU'TS.
HIP fallowing will "how the tecclpts for
thet weeK , with comparisons :
Cattle. Hogs. Sheon.
Heoelpts tbN week . . . . 10.30S 4..4.ri ! ' 2kW
Hecelpts lust week . . . . 12,721 34,617 4,105
Same week last > ear. . . 11.117 32.36S 3,781
Same week I8'i3 IB.l'w I'O.SI'i 4,9)8 )
Snme week li.9. I9an SD.lSj 3G2.r >
The follow IHK arc thi > receipts by months
fortlif * V'pnr tn iliil , , ?
Months , 1S9" . Cattle Hog" Sheep.
Jnmiiry 50,718 ir.5,01'1 12,7-tt
Pcbiuary 32.105 K'l.SIT 12.054
Mntlh 40,730 tl < W5 21CSS
April : i3,4 3 S7.1M 27,107
Msy M.7.S3 115.678 9,415
JU1IO 21.1.VJ } s7,02t ; 14303
July 40..ISI 69,367 7,372
August 7S..IHI 41S23 12.008
Stptumber 75.J2S 41201 3(1,947 (
October SSI93 lftl.707 25,4Cll
November 64,830 1J4.03I 11,101
Total 11 months 503,173 l,0'il,709 , 193.C74
11 months IS3I 7IU4G3 l,7i .OJ3 2.'S,9SS
11 months 1S'I3 7S1.74S 1,301,2.18 220,011
11 months 1S12 CSS.lfw 1,479,311 175,018
U months 1S91 650,981 lmU51 : 159,154
CATTL13 In tbu cattle division It wna
the same old story that Is repeated with
only slight variations on every Saturday
of the j ear light receipts and an unlnter-
estliifj market. All told , only forty-one-
loads of cattle vvcie received , not enough
to make very much of n market under the
most favorable conditions. At the snino
time the demand was not ut all urgent
and the bujers Indifferent. The trade on
killing cattle could bn summed up In a few
woids slow and weak.
In the stockcr and feeder division thera
was n lack of Interest , as usual on the last
day of the week , nnd the amount of biihl-
ess doing was Kniall.
Owing to the break In the water main ,
n Omaha there vvns n scarcity of water
n the > nrd , which prevented the weigh-
ln < ; 0f the cattle until after 10 o'clock.
HOOh The market opened nlioiit where It left
i'tr'1. ' . * ' " 'K,1t' ' 'nltl1 tlie local pncter ! bidding
J315 to } 3 40 for iirnctlonlly c\crytlilnB. Qult
n ttooil many IIORS sjld on tint tutls , nnd II
the > mils nt strut ) prlds.
'llic nrrtMil of a llbornl order from Armour
for hlH Chicago houne clmnfieil tlic plluiitlon.
VVhcn l.icnl bujerH fnw everjthlntf Kolni ; to
Armour they concluded that tlie > nnntnl Ilin
hop" , nnd wnntnl them baill ) Tlic res-tilt wns
Hint HIP market npldlj look on more sticnctli
and the clo e wns btronK tn Co higher. Tim
tuitj sales wne Inricely nt J3 ! 3 to J3 40. iiml the
later siks nt > 1 40 to J3 41. with the top 13 Co
Tlie wcfk In the Imp ninrket hns mt been
wllhout fenturc nf InliriM Tinheiv ) run on
most ilnji brouRit the lotil up to a vtry aalls-
fnuorj point nnd put new llfi > Into the trndo.
At to the nnrket , thire ire name chimera In
\nlum. prlcra Pfe--.inlnf b.iclt nnd forth , but
Inside the bflmo o'.il iniiRC The ho s sold irt
the opcnlnsr of the week nt S3 40 to | ] 43 for the
bulk There nns n little tpurt in Tuesday , after
which the maiket settled Uick'iiKnln , the prices
on Wednesday belni ; about the fnine us on Mon-
daj. The week closed with t"ie market about 5o
lower than the clote of the prextoua werk.
SHIJUI" Tlie mar kit on K od mutton sheep waa
stead ) .
CHICAGO LIVI : vrocic.
Choice .Hod I u in Caltlc Solil nt ( Jo oil
PrliM-N.
CHICAGO , Nov. 30 Cuttle snlea were on tha
basis of from J3 to f3 50 Mr common light wolwht
Btocra up to from H 50 to } 4 73 for choice medium
nnd heavy weights , the bulk coins nt low prices.
The week's receipts me lurRf , for IhnnksBlvlnff
week , nnd run more than 13,000 over n ) car nRO.
The Novtmbor cattle receipts foot up.,230G7tt
he-id , iiRalnst 309,031 the precrdlne month , 279.SS&
for No\ember , 1893 , nnd 30,9M for November ,
18)2 ) The receipts for the ) eui to dale amount
to 2,371,955 cattle , ngnlnst 2,758,538 for the like
period Init year and 3.2S2 47S for the sune time-
tlirco ) enrB ago Good uiitle are from 1 to (1 50
lower than n jear ago , with a pojp insterji and
export demand.
Thcievnn a lively trade In IIDRB , prices nd-
vanclni ; from 5o to 10c , und COHIIR ! | about the
sumo IIH a week DKO Common In prime hf > nvy
| IOB Bold nt from J3 40 tn } 3 C5 , nnd HKHt wolKhtt
nt from J3 40 to J3 GO. the bulk of the IIORS Belllmr
nt from 1363 to J3 GO. Iliav ) lard IIORH Hold the
best ,
faheep trndo wns fairly ncllvc nt unchanseil
prices , common to prime nnllvra belnir salable nt
from 11.50 to J3 50 , nnd lambs fit fiorn J3 to J4 rX > .
November ' receipts rnn behind bint ) enr , but the
) ini'8 receipts Rrentl ) bent nil former ) enrn.
Estimated lecelpls of boss nt Chicago next
neik JJI 000 head ItecHiitd foi the corrcspondlnit
niek last jai , 218,501 , hiail.
KlIIINIIN Clt > Il\l > S (00 ( If.
KANSAS CITY , Nov. SO CATTM3 Ilecolpts.
3,400 head , phlpmuitH , 3.WO Mini ! , nnrket
nomlnnlly ulc-ulj , prlc n pincllcnlly unchanRCit
fiom > esterdnj.
IlOGS-IlccelptK , 9.COO head ; shipments , 1,500
head : mar kit steady to tHrniiKi bulk of Kalc .
(3 ( 4003 4r , heiulcs. } ! CjOfi11) ) , piukcrn , J3 30 f3 50 ;
mixed , > 3304rJ41. Hcbls , 13 So J 40 , Yorkers , J3 39
dl3 40 , p Ki , J270B3 JO.
8IIUI3I' receipts nonetihlpmtnls , 1SOO , hcadt
market steady , unclmngid
Stock In
Record of ncelptH at the four prlnclpil markctm
for Saturday , November 30 , H3S : It.
I'nltle. HOK-M. Sheep.
Poulh Omaha 1,103 7.KM lo-t
riihneo i off ) rj.roo 2ow
ICUIIMIH City 3,400 9.WO
hi. Louis ) 703 3,000 GOO.
Totals 6,203 39,100 3,101
OUR FREE LETTER
llevleulni ; the drain and slock .narkets , will b
sent you dally on request. In Hit' hope of deserv *
Inpr part of your business Orders solicited for
cash er on three to five point mnrKlns.
J , R , WIlLaUJ & GO.
Memberu Chicago lionid of Trade , NV # York
Produce Kxchunice , New Yolk Cons. Stock 13x.
change. 17 Jloaid Trade , Chicago , 44 Uroadwny.
New York ,
JAMES E. EOYD & CO
Tclophoito 10.19 , OMAHA , NBiS.
COMMISSION
Gruin , Provisions & Stocks
Room 11116 Board of Trade ,
Direct wires to Chicago anil Now York.
Correspondents : John A. Warren & Co.
V , p. BM1TH Oel. ISuS ) 6. M.
F. P. SMITH & CO ,
GRAIN and PROVISIONS
Room 4. N. Y , LIT * lit dp ; . , Oraaba ,
Branch offlcei at Fremont and Columbus AH
order * placed on tht Chicago Hoard of Trad * .
C rrosr.ondenlt : tichwurU. Lup ) > * * Co. , CkU
e to : Ucbreln r , Flack & Co , Ut. Loula. HM
to Vint National Hank. Omaha.
Notice Is hereby Klven tliut scaled blila
will he received by the bnunl of directors
of the Alfalfa IrrlK'itlon Ulutrlct nt their
olllce In OKiilnllu , Ne-braHku , on the 28th ( lay
er llecemberISM , ui > to 10 o'clock n , m.t for
( Jl.500 In bonda iHHued by wild illatrlct in
deiiomliiatlonH not to cxci-ul Jr.W , und dravv-
InK Interest ut the rule of b per cent per
iinnutn , payable tteml-uniiuallv ut the ofllco
of Htate treutiircr , Lincoln , NcbrnHka , July
arid January 1 of each ) i'Ur. Ttie-uo bonda
are 10-201J a percentiiK" of prlntlpil OB pro
vided by law IM puyublo every ye.ir ufter
ten years. These bonds vvero declared
k'Kally iKsued and a vulld lien upon tha
landH Ineliuled In thu dtntrlct In un action In
the district court of Kolth county , Nebrutku ,
uhlch llmllnt' WUH reviewed on nn appeal
to ( ho Htipmne court of thn state and tha
ludKinent of the lower ceiurt WUH nlllnnea
In the court of last resort. Tha board re-
nerye the rlKht to rejert uny or all bide.
Addre'M all bld lo H. ( j. Anderson , Htcre-
tary. UKUUI. | ! ! Neb. Hy order of the llounl
of nirectora of Alfalfa Irrlatlon | UUtrli-t.
made thla 30th day of November , A , U ,
U95. M. A. DAUUIimt'rr. Prea ,
U. C. ANUJJI130N , Bee
U2-20t
