r Tina ( TM AHA DAILY KTJfop } MOISTAY , JA UAttY , . 1807.
CO-OPERATIVE HOME BUILDII
Business Characteristics of Last Year
Bnllding and Lonn Circles ,
SOME POLITICAL AND JUDICIAL EFFEC
Hnllli * Itiiynl In 1 ml I nil ii for llcfcu
I.IMVN mill .Stnli ; Supcrt l liui .
liy n
The record of 180(5 ( In building nnil lo
association circles does not warrant a
great amount of jubilation among the ma
agora In this vicinity. I.lko all other kin
of buiilncRS In this city , an well ns In t
Btntp , they felt the stress of pinching tlmi
At the beginning of the yean business gn
promise of satisfactory results. There w
a brisk demand for loans , and now shai
lioldcrs , both of the borrowing and Investli
classes , were numerous. This activity cc
tinned until the financial question threw \
pall over the land. The fears engendered
the campaign caused a steady stream of wll
drawals to How from the treasuries of t
associations , which did not cease until t !
result , of the election was announced. It
estimated that the aggregate amount of tl
withdrawals equaled the total of new bus
ness received In the first half of the year ,
thai most of the associations of Nchrasl
begin the now year where they started o
year ago. Under the circumstances the ma
no. In which the associations withstood t
demands nmdu upon them , weathering t :
gale without a single wreck , Is strong c\
dcncn of their strength and careful manag
mont.
The most Important event of the year
the associations nf N'ubraska WAS the dec
Blon of the tate supreme court on the vail
lly of the original homestead act of 181
The case went up on appeal from the ill
trlct court of Cass county , and Involved tl
right of nn association to charge a prcinlu
for priority of loan In addition to the re
iilar Interest charge , llclng the first ca
brought before the court of last resort , tl
associations nianlfc&lcd a keen Interest In tl
dctlslon , as the point at Issue vitally affectc
their business. The decision was favorab
to the associations , thus removing what hi
been regarded its n doubtful feature of tl
low. It appears , however , that the act as
whole has not been alllrmcd by the suprcn
court , except by Implication. And he :
comes In another hitch. Judge Kcysor of tl
district court for Douglas county , In a d
clslon rendered two weeks ago In the cas
nf the Nebraska Ilulldlng and Loan assocl ,
lion against Perkins , held that the horn
stead act of 1873 was unconstitutional , Inn
much as It did not clearly and fully cxprci
UK * purpose of the act In the title. Tl
title of the act reads : "An act to enabl
associations of persons for raising funds. I
be loaned among their members for bull din
them homesteads and other purposes , to 1) )
como bodies corporate. " The point whlc
Judge Kcysor affirmed was raised In a nun
ber of cases hcretoforo brought before tli
judges nf the district court of this count ;
It wan brought to the attention of Judge
Wakoloy , Walton and Irvine , and posslbl
to others. Whether the point was overlooks
by the Judges , or regarded as of no momcn
Is not known , but the fact Is of record the
their decisions were In favor of the clnln
of the associations Invariably. Still , the di
olsiou of Judge Keytor excites conslderabl
Interest In local association circles , but th
association lawyers are confident that th
supreme court , to which the case has bee
appealed , will sustain the law.
HOT FIGHT IN INDIANA.
A battle royal Is on In Indiana bctwec
the "National" associations and tlio :
strictly local In their operations. It Is
Rtrugglo for cxlftcnco on the part of tl
former , and on the part of the latter f <
more stringent laws to check methods whlc
nnablo sharpers to rob their patrons ui
dcr the protection of law. For three nci
elons of the legislature the nationals , whlc
arc strongly entrenched In Indianapolis , mn
coedcd In preventing restrictive log'slatloi
Their operations had become mich a pub )
ecandal that the last legl.ilature , althoug
rejecting a bill designed to rid the state (
the ovll , passed at the last moment a Jolr
resolution authorizing the governor to ai
point ii commlEslon of three competent , dli
Interested persons to- Investigate prol
1cm and report to the legislature whlc
meets thlii month.
The commission has completed Its Inboi
and filed lt report with the governor , ai
companled with a draft of a bill designed t
effect the desired reform. The report Is a
exhaustive one , going Into every detail t
the operations of building and loan assoclt
tlona In Indiana , and showing by tabulate
returns the expenses of the two classes c
aitjoclatlons. The expenses of the nations
nftjoclatlons , all of whom collect nn expen *
fund , range from 1.1 to 17 per cent of th
receipts , while the expenses of the localw , o
non-cxpenso fund associations , range fror
% to 3.7 per cent. Going Into figures fut
thor , the tables show the following natlona
associations whcso expenses exceed thol
earnings : Tim Mechanics' has earnings c
J5.70S.2G and expenses of $ ! ) ,303.7G ; the Amor
lean earns 39.G1S.30 and has expenses of $10
COS.10 ; the Equitable State earns | 3G5G.G
and spends $1,3SO.GO ; the United States earn
I3.22G.CO and spends $14.113.11 ; the Govern
mcnt earns $16,125.1-1 and spends $32,524.12
the World earns $3-tlC.8G and spends $11 ,
827.41 ; the Statehouse earns $1,797.83 am
rpemlfl $11,400.03.
HKFOUMS I'UOPOSED.
The proposed bill provides that nil ex
penscs shall bo paid out of earnings only
Tin- present law provides that the assocla
tlon shall have power to charge and collcci
a sum not exceeding 25 cents per moiill
on each share of stock for the purpose of tie.
fraying expenses. If an association fixes the
payment on stock at 40 cents a month pei
share , and applies 25 cents of that to the
expenses of taking cnro of the other 15 cent !
for the stockholder. It In no way exceed !
thu limit fixed by the present law.
The proposed bill Is drafted on the theorj
that money Is always worth at least Us Keep ,
If an association cannot afford to keep am ]
loan money for the Interest It will bear , the
owner had bettor keep It at homo Idle am !
the association had better go out of business
The bill limits the rate of payment on In
stallment stock to not greater than 50 cents
n week on $100 shares and not less than the
highest rate of Interest taken or charged on
n loan of equal amount. The present law
fixes the maximum rate nt 50 cents , but there
Is no minimum rote. A practice Is growing
of offering a borrower money at what sccnu
to bu a reasonable rate of payment. This Is
doiiB by fixing n very high rate of Interesl
nnil premium combined , but with a small
payment on stock. When the borrqwcr hat
paid until ho believes with reason that he
has paid the debt with the Interest , ho le
surprised to learn that the debt Is substan
tially OB largo as when ho first began maklnc
payments.
The bill requires that of the payments bj
th- ) borrower at least one-half shall go In
liquidation of his debt. In other words , thai
the amount of Interest shall not bo greotci
than the amount of dues upon an amount of
stock equal to the loan.
Under the provisions of the bill no part ol
the principal e > nn bo absorb * ! by fines. Thoj
must bo taken from earnings only. There Is
a division of sentiment as to whether flnci
should bo permitted at all. The eommlssloi
litillovcH they are proper , 'If not necessary , te
stimulate prompt payments and for this rea-
eon the bill permits a line for Installment !
In arrears not exceeding G per cunt of the
Installment for the first month , G for tin
second and 1 per cent thereafter. The prog ,
cnt law fixes 'no limit and the amount fixed
In the ) bill Is u great reduction from what It
frequently Impcsed ,
SUSPENSIONS AND 1'UOXIES.
Where payments on a loan have bsen sus
pended for moru than three * months the bl'l
require- * the amount of thu loan to be placed
In a Biinpemlcd list and NO reported for the
Information of persons who may bo ollclte > il
lo take Mtock In thu association. Tlioro arc
known to bo instances \vhero agvoclatlonc
Imvu loanv out on real rotate which ls rapIdly -
Idly decreasing In value/ and on which loan
payments have long been suspended , Any
aBioclatlon In which there nru t ouch HUH-
pondcnl payments will not bo afTuctml by the
provisions of thu bill.
Another Important provision of the bill In
In regard lo stockholders' proxies. A prac
tice prevails of taking from every stock
holder a proxy to be voted by thu ofllcoru ol
the MBoclutlon and then the by-laws pro-
ncrlbc ( hat no proxy shall b voted unl
It Is filed In the offlce of the secretary
days bcforo thp stockholders' meeting ,
there should bo nn attempt to vote out a
of director * they are advised ten days bef
hand just how many voles they have to b
ami they start with the advantage of Imv
everybody's proxy until It to revoked. ' .
bill provided Ihat no proxy shall be vo
by a director , officer or agent , nor by t
person except a stockholder and resident
the n am ! county In which resides the stn
holder whoso proxy ho votes , This will
able the stockholders of each county to s <
out man , If they dcslro , with proxies to r
resent ail of them and render It poistblo
the stockholders to bu fairly represented.
The bill provides for making reports to I
auditor of slate and for publishing the sat
and fixes penalties as well as personal I
blllty In some Instances uK > n officers ti
directors for falling to make such repo
and for falling In other respects to coin ]
with the provisions of the bill.
DECEPTIVE UTEIUTUUE.
The commission refers In Its report tc
very common practice of associations tl
of circulating literature calculated to i
celve prospective Investors and borrowc
An the matter Is pertinent , that part of I
report Is here reproduced :
"For a jtamplo of what Is now takl
place we refer to a pamphlet now before i
circulated under the name of and by o
of thu largest associations In this sta
It Is devoted to the purpose of Induct
parlies to take twenty shares of stock
$100 each , on monthly Installments of
cents a share , and of borrowing from t
association an amount equal to the sta
$2,000 at a combined rnto of Interest n
premium of 12 per cent per annum. It 01
forth that the borrower will be requlr
to pay monthly $12 upon his stock a
$20 Interest and premium , an aggregate
$32 a month ; that he will bo required
make these payments for 111 consecuti
months' , at which time he will have pa
(3tJ52 ( , and will have discharged his de
n full and bo square with the assoclatlc
and that this Is so In large part becau
af the large earnings of the assoclatl
will bo able to make and place to his crcc
ipnn the stock he has taken.
"This pamphlet consists of fourteen prig *
af printed matter , cunningly worded , I
tended to delude the borrower Into the b
let that such a transaction Is a good 01
'or him and one that takes great financlerli
mil ability on the part of the association
> o able to offer. The pamphlet Is calculate
o delude not alone the Ignorant , but other
inlcss they make careful calculations to n
icrtaln what the proposition means.
"As the pamphlet states , the borrower r
> a > s $3,552 In monthly payments of $ ;
> ach. Whoever will take the trouble to mal
he calculation will ascertain that at the hi
Sinning of the eighty-first month the bo
owcr has repaid the full amount of his loa
if $2,000 , together with 8 per cent Intcrc :
) cr annum monthly In advance for cvei
lollnr of money hu has had and for ever
lay he has had It. At this time he has pal
2f > y2. or , of principal , $2,009 , and Intcrci
5S2.
"Under the transaction proposed In tli
lamphlet he Is to pay $3,552. In othe
i-ords , In addition to paying the prlnclpa
2,000 , Interest at the highest rate the la'
if the state will permit. $592 , ho Is to pa
s a bonus or premium $9GO. The pamphle
ro have referred to Is but a sample of th
Itcraturc , practices and transactions of man
ssoclatlons. "
PLUCKING THE UNWARY.
The reckless looting of thesespcculatlv
onccrns , organized and manipulate fc
ho benefit of the officers , has serlousl
fleeted popular confidence In legitimate imi
nal associations , and all are suffering froi
ho evils which the legislature Is asked t
omedy. Withdrawals are numerous , partlc
ilafly from the malodorous expense-fun
onccrns. And the result Is that every wltli
rawing stockholder , as .he realizes "tho ski
ame played upon him , condemns the goo
nd the bad alike. Many shareholders , I
ttemptlng to withdraw- their savings fror
he nationals , arc prevented from doing s
pen the showing of some obscure elans
n the printed matter which they had slgnc
nd which bound them to remit certain pe
cnts In case of withdrawal. Thus In on
ac a young man who had paid In $0 (
n promise that homight withdraw nt an
line , received back only $48 ; the $12 ha
cen taken oil for "expenses" In keeping th
ccounts , taxes , rents , etc. Another yaun ;
lan found that of every dollar ho had bee ;
aylng In for two years only SO cents hai
ono to the Interest-bearing fund ; the othc
0 cents had been used for expenses. ;
oman purchased the stock of a fricn
ir $65. The friend had be n a racmuo
f the association one year , and had paid Ii
SO , and she supposed that the earning
mounted to at least $5. When she callci
1 have the stock transferred she found tha
1 had been deducted for a membership fei
nd $1 for the expense fund , and she ha <
scelvcd a credit of 90 cents , making thi
mount due J5S.OG. The woman then aske <
> > out her own account andl found that whlli
lie had paid In $130 the withdrawal valu
f her stock was but $88.40. her money hav
ig earned $1.80 and she being charged will
10 for membership fee and $22 for the ex
ensa fund.
Ilulldlng and loan associations , ns
hole , however , must not bo judged b
icse Isolated Instances of genteel robber }
s a matter of fact , micb methods arc no\
ctremcly raro. They have been legally ex
trmlnatcd In nearly.all states , and thos
hlch have flourished under lax laws nr
ipldly withering under the hot blasts o
tbllc exposure and condemnation. It Is i
: monstrated fact that OS per cent of th
isociatlono of the UnltcJ States are lion
illy and economically managed. Will
Icquato restrictive laws In Indiana the WCB
111 be pretty well rid of the financial fung
hlch took root In Minnesota and spreai
iroughout the country.
ASSOCIATION NOTES.
Secretaries of Nebraska associations an
> w busily engaged preparing their annua
ports for the state banking board.
The Omaha appropriately closed the olt
ar by declaring the usual scml-annua
vldcnd.
The forthcoming report of the auditor ol
e state of Indiana with reference to the
islncss of the building and loan asnocia.
ins of the state will show that there arc
5 associations In Indiana , with 157.2GI
ockholders , who huvc subscribed for $105-
9.0GO of stock. Of the .members . 101,77E
e Investors and 55,489 borrowers. The
mibcr of shares Increased 97,625 In the lasl
ar , and the number of members 15,171.
Ono of the national associations of 1111-
ils Bought relief In the courts from a con-
let limiting payments by a borrower tc
c years , but the appellate court held thai
o borrower , having compiled with the
rms of the contract , Is entitled to the re-
iso of his mortgage without further pay-
Bills.
The annual report of the banking commls-
mer of Pennsylvania shows that there are
31 building and loan associations In that
ite , with total assets of $99,519,917.06 , over
9,000,000 of which consists of loans to
areholders and more than half of the re
minder of real estate which has been ac-
Ired to secure loans. There are 253,860
uroholders , owning 1,700,311 shares. Of
cso , 79,144 are borrowing and 174,716 non-
rrowlng members. In other words , for
cry borrower there are more than two
rulers , thus showing a healthy relation be-
ccn the two classes of members. During
D year 1895 there were but 857 foreclosures ,
it seventeen associations were found to bean
an unsound condition , which Is romark-
lo In view of the fact that hcretoforo they
, vo been under no public supervision In
innsylvanla.
Wll f < ln > CutliT.
A horse attached to a mall wagon slipped
own on Superior street and laid -there while
lie lurneea was removed , relates the Clevc-
aml Plain Dealer. A little crowd gathered
round and the funny man was , of course
u hand. Hi' saw a policeman 'and beckoned
o htm.
"Ollleer. " ho said , "why don't you arrest
his horse ? "
"What for ? "
"For Interfering with the United States
mils ! "
The policeman was something of a hu-
lorlKt , too ,
"Why don't I arrest you ? " ho Inquired.
"I don't know , " said the funny man.
"Ilccttusu I'm waiting for a good excuse , "
aid the policeman ,
Then the crowd laughed and the horse got
P and the malls moved along ,
The king of pills Is Ileecham's Ilcccham'a
\ 'iv Journal In
ELGIN , Neb. , Jan. 3 , ( Special , ) The El
lin Review made Its appearance ) January 1.
t In a handsome * tU-coliiuin sheet and ro
ods credit 011 Its worthy proprietors.
HOPE FOR THE NEW YEA
Henry Glows Sees No Onuso for Alnim 0\
Western Failures. .
NOT A SINGLE SUSPENSION IN NEW YOI
ProNpi-olN for 1'lnlitri
MIIC | > -.SI.M.I Are S i-n on Kvrrj
Slilo .TrciiMtiry ( lulil HoHvrvc
In Kluc Slinpo.
NR\V YORK , Jnn. 3. Henry Clown , hoi
of the bnnkliiK. house of Henry Clews & Ci
writes of the banking situation :
The' Inst week of thu year closes with
Htcnely nml coiifldunt fcclliiR In AVull 8trc <
Thu chief cvenlM of the week hnvo bei
the wt-atern bunk fnlluros nml the mo
hopeful usiicct of the Ctilian Bltuntlon.
well Informed qtmrterH too bank troubl
nru not roKiirdcd UM warraiitlnj ; unsettlli
Infcrcncrsi as to thu condition of the wcf
e'rn banks nt larso. Ccrtnln Mlnneso
banks have been known for Bomo time to I
under serious comniltinoiita to the hiinli
trade , nnd failures umotiK those Instltutloi
havu be-ell expected ; but the suspensloi
are- believed to have now run their court"
With probably a few exceptions , the wea
ern banks nrc now regarded ns In n rcaso
ably sound condition. As the recent fal
nrcs were due entirely to exceptional lee
causes , Wall street sees nothing In the
to warrant uneasiness.
In striking contrast to those occnrrcnci
out west. Is the unusual scarcity of Ii
solvencies nt this center. At this pcr'.e
of the ye-nr a crop of failures , arising 01
of annual settlements. Is expected ns n inn
ter of course. Within tlio last two week
however , notwithstanding the severe exp
rlencu of IV.IG In all branches of buslnes
not a single notable suupenplon bus ha ]
pened. This speaks much for the sotindnc !
of business conditions nt the metropoll
and casts forward a honeful prospect fi
ISflT. This , with ot.icr ( vldunccs of a FOUII
basis of credit In every department of oj
eratlons , has much to do with the hopefi
feeling In Wall street , nnd the growing e :
pectatlon of higher prices for securltle
with the opening of thu now year.
CUHAN SITUATION MOKE HOPKFU1
The Cuban situation , to all appearance !
seems to be entering upon a more hopefi
phase. Although many reports -hnvo hoc
circulated , more or less dpflnlto , the pn
else nature of thu relations between th
Slate department and Spain do not nrpea
to have yet been explained. Sufficient , how
ever , has been directly or Indirectly m
mltted by Secretary Olney to leave no doul
that negotiations are pewllng for brlngln
the Spanish government and the Cuba
leaders Into a pacific conforcnce , throng
the medium of the United States ; wlilcft I
a very hopeful sign of an early settlpmen
of the troubles between Spain and her coi
ony. The death of Maceo Is likely to male
peace easier of achievement than It woul
have been had he still remained In chic
control of the Insurrection. General dome
Is understood to have favored an effort n
pacification some months ago , but ho wii
overborne by t'.ie more bulllgerent spirit o
Maceo ; now , therefore , that Gomez Is 1
control , ho may bo supposed to have a fre
hand In negotiations for n settlement. A
the snino time , both Spain and the Cuban
must be heartily tired of their sacrifice.
and the chances of be-Iug elcfoatcel are per
haps equal on each side ; so that , under th
guidance of n government which bol-.i hav
reason to regard as friendly and disinterested
osted , there would seem to be rensoniibt
ground for hoping that the quarrel may b
settled at no distant day. Already , th
very grave Venezuela ; ! dispute has bcei
disposed of ; nnd If the chnnces of our cm
brollmont In the Cuban quarrel should b
obviated by a peaceful adjustment , thcr
would bo no longer any foreign entangle
tnents to besot the path to prosperity Ii
this country.
In this respect , the business ) of If97 open
ivlfi much more encouraging auspices thai
existed a year apo. In other ways , also
the prospect has greatly Improved. The sll
I'er ghost no longer haunts ns. The e arn
jstncss with which the house of roprerenta
tlves Is taking up the currency nnd bank
Ing questions affords reason for hoplni
that in those much deranccd branches o
aur llnnni-o some ameliorations may be cf
reeled ; and t'Vio more so because the bust
ness Interests will bring n very strong pros
Mire to bear upon congress for urlnglnt
ibout currency reforms.
RKSBItVE IN PINE SHAPE.
It Is also to bo kept In mind that the
low strengthened uosltlon of the treasurj
? old reserve Is calculated to have nif en
enraging effect upon public confidence
Flic large Importations of gold during 'tin
ecent months have enabled the govern
nent to raise the reserve f 37.000,000 nbovi
; ho $100.000,000 mark , nnd the local bank.-
ire holding fully their average stocks ol
jold. The amount of foreign bills of ex-
ilinnge held In t'.ils city will probably more
: han sulllco to settle the nelverso forelgr
lalanco which generally accumulates dur-
ng the first three or four months of the
, -ear ; so that there Is little prospect of the
reasury being drawn upon for gold foi
exportation. Virtually , therefore , It may
) o considered that the treasury gold rp-
icrvij Is likely to bo kept above the legal
Imlt throughout 1S97. In the meantime ,
here Is a favorable chance for arrange-
i.ents being accomplished , cither by con-
rress or through nn understanding between
ho government ami the banks , by whlcli
ho treasury will In future bo shielded
ignlnst foreign drains upon Its reserve ol
told. These facts , showing such an un-
isual measure of exemption from depend-
ince upon foreign finance arc of the ut-
nest consequence to the recovery of btiFl-
less during tfro year upon which we have
low entered. It has taken us three full
ears to realize this independence ; but now
hat It has como wo may Indulge some pride
iver the achievement. A yonr ago we were
ilarmed nt our exposure to the tender mer-
: Ics of European financiers , and thev were
renting us with thinly disguised distrust
.nd prophesying all manner of evil fair
gainst us ; now , for the first time In the
ilstory of our foreign relations , we are
pndlng these samp financiers some JSj.OOO-
00 of our surplus funds , much to the con-
cnlence nnd relief of t.io borrowers. And
ct this position I : ' llttlo understood or ni > -
reclatcd by our men of business , and many
land on the threshold of 1M7 timidly won-
erlng how wo are to como out of It.
There lf > another achievement of the year
. lilch should afford us no llttlo satlsfjc-
lon. We have been clearing the deck of
ur corporate Insolvencies. During the
ear six large and many smaller bankrupt
ompanles ( chiefly railroads ) have been ro-
rganlzed , attended with Kio Issue of $911-
10,000 of securities , to replace the old Issues ,
hlch have long been In a state of stif.pens'e * .
'hese ' securities have ) been listed on the
lock exchange and constitute nbout 10 per
311 1 of the entire amount of stocks and
ends now so represented on the exchange.
ho effect of the-se operations has been to
lace nearly $1.000,000,000 of representatives
f capital at freer use by the Investing
ubllc and to far to Increase the trnniac-
ons In Wall street. These Issues will bp
line time In finding n final adjustment of
lelr resting place , and during the process
re likely to bo subjects of active ppecu-
itlon.
The foregoing nrc some among many fac-
irs which am calculated to foster a hope-
il fouling at the opening of the new year.
hero are others of nn opposite character ;
ut the encouraging fcntnres prcpondc-nto
irgely over the discouraging ; nnd , apart
om unforeseen ndverse events , I do not
rsltntc to forecast that n year hence this
itlrcnte will be confirmed by the outcome.
.V THU LOlToSTOCK KXCIIAXOI2.
IMV Yfiir Ope'MM AiiHiilrloiiHly
Money Clienii.
LONDON. Jnn. 3. The now year opened
usplcloim on the Stock exchange. with
loney for the tlmo being cheap. All the
inrkcts wore ) llrm , with considerable ml-
iinccH In some directions. Tlio movement ,
Is undoubted , was mainly professional
a the belief that the Investment public la
kcly to bo attracted. Home railway so-
nrltles showed n general advance of from
to 3 per cent. Foreign securities were
II better , Including Spanish. Brazilians.
lexlcnns and Uuruguayans. Tim principal
nturo of the ? week wno iho sharp rlso
i Argentine securities nnd Argentine rall-
uy , the latter advancing from 3 to C
ar cent during Iho week on Improving
nilet prospects , Most of the Industrial
shares worn also ndvnnelng. The Amer
ican market also had got over the shock
of the Chicago failures. Central Pacific ,
Illinois Central and Now York Central de
clined % per cent. All others advanced
Missouri Pacific 4u , 2V4 per cent ; Erlo mort
gage , 1 , ns 1 , nnd others fractionally ,
Canadian Pacific was up Hi per cent , and
Grand Trunk Vi Per cent.
Loiidini Cml n MiirUet.
LONDON , Jan. 3. The wenther during
the week has been mild. There have boon
Homo wind and rnln , and the wheat crop
hi doliu ; well ,
Wheat In the market was firmer , but
had a healthy tone * . Thu statistical posi
tion In good. California wheat , afloat , was
quoted at 3'rt. Northern spring wheat ,
January and February delivery , wits quoted
at 33s 3d.
Klour was firm.
Malzn WUH nteudy. Mixed maize , Janu
ary delivery , by steamer , won quoted nt
lln 3d.
Ilnrlcy was quiet nnd steady.
Outs wcru llrm. A HILT lean white oafs ,
clipped , January delivery , were quoted nt
12H.
HiiKiir MnrUrl.
Ni\V YOHIC , Jan. 2.-HuaAIt-Ilaw , sternly ;
fair rcnnhur. 2 13-lGu : mitrlfuvnl. W test. 3 3-lCc.
lU-llni'd. Jinn : mould "A , " So ; lUndard "A , "
4tCi } confectioners' "A , " tftoj cut loaf , le ;
cnishe.1 , wdered , Hc ; RrnmiUled , 4M' '
cubes , 4 ' 7Tt
I-ONDON. Jnn. 2.-StteJAU- Cnne steady , wll
cnly llRht offerlnRs Jcrht trlfiiKnl , Jnvn , lis
Mnrcnvndo , fnlr K-llMBif. ts M. licet sugn
nulet , but prices ; lulu * Halnmlned ; January , I
2'.id ; Kebrunry. ! > s 3\d.
CIIIOAOO can A ix AND
I'VntnrpN of ( li4ilVii1liiK } nml CliiHlni
I'rlocN on Hntiirilny.
CHICAGO. JnnM- , llrm feeling PCI
vnded Iho speculative ; markets toilny , nn
nil the leading nrtlclcs closed higher thn
they did Thursday. ' Wheat wns the lomlc
both In strength 'ri'lid nctlvlty , Kiei fnctor
being Argentina craf | ( damage reports nn
apprehension ns Jo the result of the col
wave In iho winter wheat holt. Wheat nd
vnnced l&c , corn nnd outs nvutlt "ic cnc
nnd provisions from 5c to lSMc. ,
in whent the early news wns of a dccld
eclly bullish chnrncter , nnil the first sesslo ;
of the yrnr begun In n way to rejoice th
lion r IB of speculators wishing higher prlcc
The strength was maintained to the end
the lowest price of the day being mml
shortly nfter the opening , when llbornl ol
forlngs by longs caused n r-llKht decline
union , however , wns quickly recovcrci
from. Ono of the factors helping the mnr
kct wns the uredlctlon of cold wenKicr Ii
the winter whcnt section. Another cqunll :
strong fnctor wns found In the news cnblci
from Argentine which represented matter
there us steadily drifting from bad ti
worse. The province of Santa Kewhlcl
urunlly exports 12,000.000 bu. of wheat o
over , will not hnvo. It Is claimed , 2,000,00
bu. surplus this year. Tnat the Argentlm
news wns regarded In England as of tin
most serious Importance may bo yntherec
fiom the fact t'.int ' nlthoiiKh It wns n hell
day there the Rrnln men of Liverpool nnt
London sent buying orders to New Yorl
anil Chicago for Mny whcnt. Opening quo
tntlons for May were from S3e to Wc
as compared with Thursday's closing prlci
of Mc. . After touching S3Hc the marke
went steadily upward until ST.e had beer
reached. U reacted from that to Slc nnt
clorcd strong at S 2c. Northwestern re
oclpts , though small , had but llttlo Inllu
once on trading. Minneapolis and Dulutl
reported W.1 cars , of Ilvo less thnn last year
Corn wns quiet , but decidedly tlrmcr , gov
erned chletly by the buoyant feeling In
whent. May opr-ncrt about 3-lCc higher nt
! C94c , sold between 23Hc ! and 2tic , closing llrm
nt from 2oie to z : , c.
Oats were quiet and llrm. prices being
Uc better nt the close thnn at the finish
Thursday. May opened Uc higher nt from
IDc to IJ&ffWie , sold nt lic ) , and closed
nt 19-Tic bltl.
A good trnde was done In provisions , nnd
whllo the mnjorlty of trades were In the
ivay of changing January forward to Mny.
Lhcro wore also not n few straight buying
? .rder5 ! > , l the l'IO ! < 0 M"y l'ork w s nbout
I2'ic ' higher nt J7.i2".i ! , Mny Inrd 5c higher
} . Jl > .9m ! Jln5' rlb8 " ' 4 ° hlgncr nt from
t4 to ? I02'.A.
Estlmnted rec'pts for Mondny : When ! ,
The lending futuresi rnngcd as follows :
Vitlclus. | Onon. | Hlgh.'f Low."l Closa. ITIuira
Wheat -
Jnn. . . . 80 i-OU pn 7nj ( .
May. . . HB R :
July. . . 70 ! < 76J1
Corn
Jnn. . . .
May. . . .
July. . . .
Oats-
Dee . . .
May. . . . 1UM
'o-k
Jim. . . 7 . 7t 7 W 7 naw 7 47V ,
May. . . 7 til ) 7 SO 7 80
: t 75 '
Mnv. . . . u tin 4 DO : i 05 4 UU'
h't Itlbi
Jan. . . . 375 3 Bii ! ! 3 7C 3 S'JVj 3 '
Jlajv. , . S OS 4 tllM ! 3 IIG 05
No. 2. ,
Cnsh quotations were na follcnvn :
FIX3UU Klrm ; wlntir iiatcnts ,
tralRlitf , J4.MW4.75 ; H'l'liiK ppeclols , J4.CO ;
latcntB. J4.l5ffl4.CO ; htrnlglits , J3.7C5J4.CO : bakcru ,
3.10Jt3.13.
WHEAT No. 2 rprlnp , , fO flSIc ; No. 3 rprlne ,
4c ; No. 2 rcJ , W. HliC.
COHN No. 2 , 23fWHc. )
OATS No. 2 , 17ci Nf > : 2 white , f. o. b. , ID
jSOe : No. 3 while , U'Jc.
HYK-No.1 2. 3Sc. . - i
HAltljIjY No. " . , r\oinlnnl ; No. 3 , f. o , b. .
) fl3Sc ; No. 4 , f. o. Jl. , , 22ff2le.
TIMOTH'Y sKEiiJ-i'rimc 12.70.
I'UOVISIONS Me > park , per bbl. , J2.C2H : larJ ,
er 100 III' ' . . J3.8U'ir3.F5 ; short ribs HlilCH ( loofo ) ,
J.C53.K ) ; dry fallt'il slioulilcrs ( linxpd ) , J4.23P
.CO ; short clear pldcn ( Ixuxod ) , J3.S7Hff4.GO.
DRESSED I'OUI.TIir Steady ; turkeys. Ho ;
hlckens. CJIC'icducks. . OWlCc.
1 > ItiPSii > I'Otn.THV rirm ; turkey ? . He ;
hlrkuns , GfG4c ; ducli 9710c.
WHISKY Distillers' , DnUhed goods , per Kftl. ,
I.IS. '
SUOAHS Cut loaf , 15.20 ; granulated , J4'.t3.
The following were the receipt ! and shipments
' '
> day :
On thu Produce cxeh.inc to-lay thu butter nirir-
Rt wns weak ; creaniury , U'aitic ; dairy , n3' '
7c. UITKB , weak ; frcuh , 16iic. Cheeue , HteaUy ; '
Over $411,000,000 Paid to Policy Holders
in Fifty-three Years !
mH
111 111
RICHARD A. McCURDY , President ,
Who will pay that mortgage
on your home if you die before
It's lifted ?
A life insurance policy will
do it , and the cost to you is
only the annual premium paid
to the company. It is like pay
ing a little extra interest on
your mortgage , to insure its re
lease if you die. .
/
The resources of the Mutual
Life of New York exceed the
combined capital of all the na
tional banks of New York City ,
Chicago , Boston , Philadelphia ,
St. Louis , Cincinnati and Balti
more. '
A duty delayed is a duty
shirked. Let a man convinced
of responsibility secure adequate
protection and at once.
INSURE NOW
* J > IN THE
MUTUAL LIFE.
A Policy of Insurance in the
Mutual Life is the quickest
asset you can leave. . - -
OMAHA LIVE STOCK JIARKEi
+
Oattlo Rocripts Light nml Business in Da
Shape ,
BREAK AT CHICAGO ECHOES LOCALL
Iluycrn llcnrlHli nnil .Scllrrn Sdililion
Trmlo Dull UUKH Only
Slinili ; liiMvri * nnil
Active.
SOUTH OMAHA , Jnn. 2. Receipts fo
the dnya Indicated were :
Cnttlo. Hogs. Sheep. Horses
Jnnunry 2 1,081 2,740 1.20S
Jnnunry 1 812 3.00G 1.60S
December 31 1,324 B.9SG 2.31S
December 30 1.U.10 r.,9.11 1.SS3 . . .
December 29 2.1S1 7.5SI 1,201 -I
December 23 1,519 2,743 320(1 (
December 2G 1,031 4,093 202
December 24 LOSS C.030 819
December 23 1,301 0,523 1,779
December 22 3,316 8.15S 1,177
Dcccmbif 21 2,239 4,172 2,010
The olllclnl number of cnrs of stocl
brought In todny by ench rend wns :
Cuttle. Hogs > . Sheer
C. , M. , < t St. P. lly 1 3
O. & St. U lly 2 1
Missouri Pacific lly 4
Union Pacific system 13 10
R , K R. M. V. U. II 17 7
O , , St. 1' . M. & O. lly 13 3
H. & M. U. II. U 11 16
1C. C. .1 St. J 13
C. , 11. 1. & P. lly. , enst. . . . 1 1
C , , U. I. & P. lly. , west. . . 1 1
Totnl receipts 76 42
The disposition of the day's receipts wni
us follows , ench buyer purchasing the mini
bcr of head Indicated :
IJuyors. Cattle. Hogs. Sheep
Omnliii Packing Co 012 . . .
O. II. Hammond Co 123 iill
Swift nml Company 391 9SO 12 (
Cudahy PackingCo 423 u ! > 0 21 !
11 , Decker and Degan. . . . 105 ,
J. h. Carey 144 ,
l.obmiin & Rothschilds. . . 21 ,
Huston A Co 63
Swift from country . . . . W. '
Judson 49'
Cmlaliy from K. C 293
Other buyers 88
Totals .1.636 3,153 1,00 !
CATTLE Today's receipts of cattle were
large for a Saturday , making a total for the
week of 8,521 bead , IIH against 9,035 head for
the previous week. The most of the cattle
here today were cornfcd steers , there being
very little In the way of feeders or butch
ers' stock.
The market on beef steers was decidedly
against the selling Intercuts Inasmuch as
values were fully loc lower and In extreme
cases 15c lower. The decline at Chicago
and the expectation of large receipts the
coming week constituted the bear features
which were responsible for the decline In
price.- ? . Salesmen did not seem particularly
uixlomi to let go their holdings at the
[ irlccs bid and the trade In consequence wns
slow and dull from start to finish. Tlure
IVUH not enough cow stuff to make much of
i tent of the market , only seve'ii or eight
loads all told , and that kind of cattle did
not experience much change In the matter
if values. Stockcrs and feeders were also
m scarce that their sale could hardly bo
considered as making a market.
The beefxcattle market of the past week
ms experienced a wide range In values ,
nit the demand has been more than equal
: o the receipts at this point , so that the
i"ards have been kept well cleared , and on
nest days the trade wan aetlve.
The excessive receipts the first of the
veelc nt Chicago broke the market there 25
lAOc , but the light run here prevented the
luyers from taking off more than l.'Ji20c at
his point. The shutting oft of the rce-elpts ,
: onscqucnt upon such a large and sudden
Iccllne In values brought nnout a reaction
LIU ! the market advanced from Tuesday on.
Jy Friday it was as high hero as
t has been any time- , but It dropped back
Oo nt the close of the wee-It , as noted nbovi * .
Stockeni and feeders have been In active
Icmand all the Week and have cold at
itrong prices , the supply being way short
if the demand.
HOGS The receipts of IIORS were only 2.740
oilay , n falllne oft nf 1,100 as compared with a
leek ORO , milking the total for the work only
" , SM , ns aRalnrt 28.376 for the previous week.
Tlio market fo fnr as heavy IIORS were con-
criipd was not materially oltcretl from yostor-
ny , londH averaging SOD pounds nml over pelllUK
t J3.1093.15 principally. The market on light
ORS was easier and as a consequence not overly
ctlvr. the bent light hero celling nt } 130i n
Knlnxt J3.35 yesterday.
The market ns a whole would average a nhnde
nver , but the difference was so email as to lie
f little Importance.
The IIOK market of the past week wns In very
inch the same nhape OH it hns been In the pn t
ueo weeks or more. Vnlnes showed very little
uctuntlon from Otiy lo diy : , only n ehnde varlu-
bu. as H rule. The r.n.rkct vat a' the high
ofnt nt the opening of the week and It wns fully
1
to Itm-fr nt the elo * . Tli < > low Ony of the vsrt
wn on Wrvlnr-ndoy. The drmnnd wn very goo
nil the work uml nrrlvnln met with rendy unlr n
current prlcM > .
HHKRI'--The week e-lfned with n fMr run c
fOefp and with n steady ninlkct ,
CIIK'ACJO 1JVIJ STOCK.
Hoci-lptu nr CM I Mr Ton Snuill In Con
Mltnlc Milcli of n MitrUrli
CHICAGO. Jnn , -Hc'-clpts of cnttlp wer
ton fmull todny to cnnrlltute much of n mnt
ket. The few nntlve lierf Meet * offered sold n
from M.50 to K.K for common to best , chlcll
nt from 14 to $ .1. Other KtndcH nf Mock twld n
ruliMnntlnlly miclmnnr < l prlcrn.
Iii'lioKX , nltlimiBh receipts were Miinll , price
were no letter , mid offerings were disposed o
nt from 13.05 to JJ.M for cumnion to the best
The bulk of the fnles were nt from 3.5 to | 3.
Sheep sold actively nt from 12 to J3.75 fo
common lo prime sheep , from I3.M In 11.30 fo
yrnrllngs , nnd nt from J3.RO lo I3.I5 for poor I
fnncy Inmbi. Mnny of the offerings consisted o
fi'd western sheep , which sold nt from 12.90 I
J3.75.
Itecelpts : Cntlle , 6,000 hendj hogs. 14,000 hend
shci-p , 3KO bend.
ICniiHiiN City l.lvo SineU.
KANSAS CITY , Jnn. 2.-CATTI.iV-Ilecelpt
COO bond ; shlpmrnts , 2MK ) bend ; nmrkct slow niu
wenk ; only retail Irnde.
111X1S Receipts. fi.OOO hend ; shlpmentn. SX
head ; market opened strong lo 8'jo higher , chifei
weak ; bulk of snlcs. J3.2HM-30 ; heavies. J3.50i
3.57'.4i pnekern. I3.0SC3.7'4 ' ; mixed. J3.SOW3 $ ! ' ' *
light , | 3.Sr3CO ; Yorkers , J3.151f3.t,0 , ; pigs , } 3.oo'i
HIIKKP Heeclpts , 1,000 head ; shipments , 1,3
head ; market slow nml weakj Inmbs , $3.3004.05
muttons , ! 3.10f\UO.
SI. I.iiulN l.lvo Sto.'K' .
ST. I/JU1S , Jnn , 2. OATTI.K-llecelpts. f
hend ; market steady to strong , hut trading llxh
owing to monger receipts ; native shipping steers
J3.f.OJ(5.10 ( ; stockers nnd feeders , t2.OWi3.05 ; cow
nnd heifers , tl.tSU2.fiO ; Texns nnd Inillnn steers
I2.WUO.
HOS llecclpts , 4,000 hend ; market stonily t
Cc lower ; light , 3.583.35 ; mixed , 3.10ff3.30
lenvy , J3.00W3.3T. .
KHKKP Receipts , COO hend ; market steady
muttons , J2.ri003.sr .
Stoek In SlKlit.
ncrord of receipts of live stock nt the four prln
clpnl nuikets for Saturday. .Inauary 2. 1SB7 :
Cattle. Ho * * . Sheep
Oinnlin 1.C23 ! , C2 10
'hlcngo G.OOO 14.0VO 35OW
Cnnxns city nee o.coo 1,00
St. I.ouls fiOO 4.000 C.OC .
Totals 8.725 23.C20 37.JO
OMAHA ( il.MitAI , MAUICHT.
Condition of Triulc mill ( Ii
on Staple anil KuiujI'roiltire. .
EGOS-Fresh Ratliercd , ucak ; 15c.
HUTTEIl Common to fair , SJ < io ; choice to
fancy , roll , 13J14c ; separator creamery , 21c ;
gathered cream , 185720c.
GAME rrnlrlo chickens , per doz. , JO.OOS0.25 ;
luall , Jl.0001.COj blue winced teal ducks , Jl.COi ?
1.75 ; green wins , J1.25 ; redheads and mallards ,
13.00 ; small rabbits. 40Guc ; jacks , Jl.COQUO ;
squirrels , COgTCc ; deer saddles , 14 jICc ; carcasses ,
lOfflle ; antelope saddle , 13Hei ( carcnn.es , Oc ;
I'rinudu geese , large , JCOOW7.00 ; small , J1.COW5.00.
CHEESE Domestic brick , lOVie ; Edam , per
loz. , J9.CO ; chili houre. Mb. Jars , per doz. , J3 15 ;
Mmberger , fnncy , per lb. , j'.fcc ; Roquefort , ' .n-lb.
lars , per doz. , J3.00 ; Young Americas , 10ic ;
wins , fancy , 10\4c. \
VEAI Choice fat. SO to 120 Ibs. , nrc quoted nt
'c ; large nnd coarse , 4fn"o.
DnisSKD rot'l.TUY-Chlckens , Cc ; turkeys ,
OJTllo.i'ete , 7ff c ; ducks , TCiSc.
I.IVK rol'LTUY Not wanted ,
PIC1EONS Live , 7C990c ; dead plRCons , not
vanted.
HAY t'plnnd , J4.SO ; midland. 14.00 ; lowland ,
:3.ti : ( ; rye straw , J4.00 ; color makes t'.w * price on
my : Hiht lj = l" cell the bent ; only tup grades
irliiR top prices.
IlllOOM COHN nxtrcmely slow sale ; new
rep , delivered on track In country ; choice preen
elf-workliiR carpet , per lb. . 2',4C ; choice green ,
unnlnc to hurl , 2Uc ; common , l',4c.
VEC1HTA1HEH.
SWEliT I'OTATOHS-On oraers. per bbl. . 12.00.
ONIONS Good stock , per bu. . 40l/50c.
LIMA IIHANS 1'iT lb . 4c.
ItEANS Hand picked navy , per bu. . JI.25.
CAIinAGH Good Block , per hundred , tl.25.
Cni.RUY 1'cr doz. . 25J30c ; fnncy , large , 4C
Oc.
Oc.I'OTATOKR Good stool : , per bu. . 23c ; Wyom-
ng stock , sacked , SOc per tW Ibs.
Knurrs.
OIIAI'KS CraloB. la pony baskets. Concords
nd Calnubas , per crates , Ji.f.O.
MALAf.A CIIIAI'ES 1'cr kep , J7.
CllANHintltlES Cape Cod , per lilil. . $6.
Al'l't.ES Cocklnc , per bbl..tl.C51.75 ; fancy
few York. J1.75.
CALIFORNIA I'BAHS Per box. J2.00J/2.25.
TROPICAL rilUlTS.
PINEAPPLES Per crate of two to three doz. .
\.WiH.M. \
ORANGES Mexican , 13.73 ; California navels ,
I ; teedllngs , J3.
LEMONS Mceslnas , J4.COtt5.00 ; choice Call-
irnla , J3.DOJJ3.T5 ; fancy , J4.
IlAJfANAS Choice. lirge : stock , per bunch ,
1.0092.25 ; medium-sized bunches. J1.C032.0J.
MISCKI.LAXOUL > .
HONEY Fnncy white , per lb. . 14c ; choice , Uo ;
allfornla , amber color , lOc.
ClDEIt-Clnrllled Juice , per halt bbl. . J2.CO ; per
il. , J4.00S4.25.
MAP1.E SYItlU' Flve-Knl. cnns , enih. J2.50 ®
75 ; gal. cans , per doz. . $12 ; half-gal , cans , JC.25 ;
i ri cans. J3.cn , .
NUTS Almonds , California , per lb. . lars
zc , 13c ; Drazlls , perlb. . , lOc ; En lUh wat-
IS THE COMPANY
the iViosi
IN TWO GENERATIONS 1843-1896
The Mutual Life Insurance Co. , of New York ,
has paid $246,000,000 to its living members.
Has been the benefactor of women acd children
to the extent of $165,000,000.
over
ron
IOWA and NRBRASKA ,
FIRST RATIONAL BASK BU1LD1HG , SlXril AND LOCUST STREETS ,
OMAHA. DES MOINES.
Agents Wanted In JSvery County.
H. S. WINSTON , Special Representative , Omaha.
mils , rr Id. , f npy , soft shell , iOll4c ! !
rd , HOIlUc ; filberts , per lb. . IV ( ; pfc n § , pol
ished , largf. JOlOc ; Jumbo licmo ; lAtite hickory -
ory mils. Jl. per bit. ) imnll , Jl.M ; coconimts , Bo
HAUIIll KHAUT Per hnlf lid. , 11.75. ! bbls. .
t3.WJf3.2S ,
riOR Imporldl fancy. f > crown , 30-lb. boxei.
Itci choice. 10-IIi. Iwjes , J-crown , lie ,
HIDKS. TALLOW. ETC. *
MIPKS No. 1 green lil > ! rs. f.c : No.2 sreen
hides , 4c ; No. I Rrern suited hldrs , 7c ; No.
green salted hides , PC ; No. 1 Veal cnlf. 8 to 1 *
Ibs , , 7c ; No. 2 veal calf. R In 15 Ibs. , 4c ; No. I
dry flint hides , 9l(10c ( ; No. 2 dry flint hides.
f.flV ! ; No. 1 dry sailed bides , MfPc : part cured :
hides , He per Hi. | pss than fully cured ,
SlliiP ! PMLTS-Green salted , ench , KfffiOn'
green snltrd. shearings ( short wooled early skins ) ,
ench , 15o ; dry shearings ( short wooled early
skins ) . No. 1 , ench , ( c ; dry Hint , Kansas nm >
Nrbmskn butcher wool pelts , per lb. , nrtiiAt
weight , 4f3c ; dry Hint , Knnsns nnd Nebraska
Murrain wnol pelts , | K > r lb. , aettinlvelxht , 34c ;
dry flint Colorado butcher wool pells , per Hi. ,
actual weight , 4I8c ; dry Hint Colorado Murrain
wool pelts , per lb. , netual weight , SCMf ; feet
cut off , ns It Is useless to pay fieight on them ,
TALLOW ANI > GHKASK-Tnllow , No. 1 , ,1a : .4.
tallow , No. 2. 2Hc ; grease , white A , 3c ; Krensf.
white II , 2c ; grease , yeltow , 2o ; giense , Onrlt ,
l > ic ; old butter , HJ2'ic ' ; beeswax , prime , 15(2c ( ;
rotfgh tallow , le *
WOOI IJnwnslicil. fine , heavy. fO'c ; line , light
SCtfc ; qunrterbloo. , . lOJflSc ; reedy , buiry ntiil
chaffy. fJ ! > o ; cotted and broken , coarse , HiSc ;
rotted nnd broken , fine , COSc. l-'Ieeco Wnsheil
Medium , twite ; fine. 14 lCo ; tub washed , HlMSc ;
blnck , Sc ; bucks. 6c ; tag locks. 2ff3c ; ilrail
pulled. Mffc.
HONES In car lots , weighed and delivered In
Chicago : Dry buffalo , per ton , JI2.00W1I.OO , dry
country , bleached , per ton , J10.00ffl2.00 ; dry coun.
try , damp nnd meaty , per ton , JO.OOUS.00.
FHESH MEATS.
_ IIKEK Good nntUc steers , 400 to COO Ibs. . Sifl ! >
ic ; western steers , 4iO5Uc ! ; good cows and heif
ers , Kl..ic ; medium rows nnd heifers , 4'40 ; good
fon-iiinrters cows and heifers , 4c. gcwl forc-
' ' " " lers native steers. DC. good hlndaunrtcm co
mill heifers , 6 > ic ; pool hlndiiunrters imllvo ste-crs.
Jc ; lenderlnlns , see ; boneless strips , fo , strip
loins , ic ; rolls , Site ; sirloin butts , M4o ; shoulder
clods. fiHe ; riinip butts , do ; steer chucks. 4c ;
shank or rump orf , 0140 ; riitmds. i-hank and
rump off , 7c ; tilmnilUHs , 4c ; brains , per dozen.
35c ; sweetbreads , per lb. . 15e ; kidneys , ench , 3c ;
o\ tails , ench , 3c ; llveis , e-ach , JOc ; hearts , each *
fc ; tongues per lb , , 12c.
POHK Dn-ned liogs , 4\c ; tenderloins I2e ;
loins , tie : spare ribs , 4c ; ham Bnusnge butts. [ , c ;
shoulders , rough , 4'Jc ' : shoulders , skinned , Be ;
trimmings , EC ; leaf lard , not rendered. f > i c ;
heads , cleaned , 3140 : snouts nnd ears , SHe * . back
bones , 3c ; ncckbon.il , 3c ; pigs' tnlls , 3I4C ; plucks ,
each , tie ; chitterlings , fie ; hc-cks. 4c ; hearts , per
dozen , 25c ; stomachs , carh.'Sc ; tongues , ench , Sci
kidneys , per dozen , lOe ; brnlns , per dozen. ISr.
MUTTON' DrcFppit lambs , "c ; diesscd sheep ,
Be ; rucks , S'tc ; legs nnd saddles , 7140 ; brenstn
and stews. Sc ; toiiKUcs , ench , DC ; plucks , each ,
SI. LoulN fiiMii-i-nl MnrUrl.
ST. LOVIS. Jim. 2. KLOl'lt-niill nnd wenk :
mtents. J4.ttW4.75 : extra fancy , J4.I034.20 ; fnncy.
! 3.40B3.60 : choice , J3.W 3.IO.
WHEAT-I-'uturcK , nulet and higher , with but
Ittlc news to affect the speculation , prices clod-
UK KflHo higher than Thursday'ii llnals. Spot ,
lenily ; No. 2 red , cnih , elevator , 92c nsked ;
rack , S2K93ijc ; No. 2 Imnl. cash , Sic ; January ,
Cc nskoil ; May , 92-e linked ; July , 7'J c bid ,
COltN Firm In > ympathy with wheat. Fu-
11 res ndvanced blltlitly. Spot , steady ; No. 2
nub , 20Wc ; Jnnunry , 2of20Hc : May. 22ifl2.V.
OATS null ; linn ; No. 2 cosh. IS'.ic ; May.
0-Hc.
UYE-Uull ; 33Hc bid. -
IIAULEY Nominal.
. ! .
COUN MEAI-tl.I
11UAN-J1.35.
I-'LAXHKEP Lower ; 74e.
TIMOTHY REKD-Prlme , J2.40.
HAY Quiet , but wenk ; prairie , J4.00S7.r.O ; tic
illiy. IC.OOfrio.ro.
EGOS Steadier ; We.
WHISKY-JI.1S.
LEAH null : J2.73fi2 > 2i ( " . . <
SriCLTKIl-JS.fin asked.
PROVISIONS Pork , firmer ; standard mess.
dihlng. J7.40f7.S5. Lard , higher ; prime steam ,
1.C7IJ ; choice. J3.77',4. ' Harin ( boxed ) , shoulders ,
l.ffl ; pxtrn short clear , JI.M ; ribs , Jt 70 : shorts ,
l.fi'i. ' Dry salt meals ( lioxcd ) , shouHcrs , J4 ;
stra short clear , J ( ; ribs. Jl 23 : shorts. J4.37 > ,4.
roi'LTIlY Clilckena. llrm : old. Be : spring , Co ;
irkPvB , llrm nt 9 4c ; ducks , linn nt CWc : geese ,
nil < I 4fl5c.
RKCEIITS Flour. 4.000 bids. : wheat. 13.000
u. ; ct.rn. 2on.fOil bu. : oats. 40.CKO bu.
SHIPMENTS- Flour , 4.COO bids. : wheat , ll.CKW
u. ; coin , 151,000 hu. ; oat ? . 7.T.O bu.
Oil City
OIL CITY. Jnn. 2. Credit balances , OOo.
JAMES E. BOYD < S CO
Tclcphunu 103 ! ) . OinalKi , Nob.
COMMISSION
RAIN IPMISIJSS : AND : SF01U
, Hoard of Trade.
Htrcct wires to Ciiiogn and New York.
vXrrciipondenti : John A. Warren & O'
RIDES WANTED.
eBt HKirket price paid nnd iironipt returns
Ilufervnce Uniiihn Natleninl luiik
F. S. BUSH & CO. ,
No commlaulon. ClilS , lilth St. , Onmlia , Nolx
Kow much will your admin
istrator Iiave to sacrifrc your
estate to force quick assets ?
An Installment Policy for
$100,000 will leave your family
$5,000 yearly income for 20
years , in any event , and if your
stated beneficiary is then living
he or she will be paid $5,000
yearly during life.
A 5 per cent Debenture fof
$100,000 will leave your wifa
$5,000 yearly income either fqf
20 years or until her death U
prior thereto ; then $100,000 will
bz paid in one sum. A possible
return of $200,000.
The true business man acl
cromptly. Get our rates at ones *