Omaha daily bee. (Omaha [Neb.]) 187?-1922, January 04, 1897, Page 6, Image 6
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 *