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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Sept. 6, 1897)
TILE OMAHA DAILY BJfiHsOiMONDAY , SEPTEMBER G , 1807. BEARS BATTLE WITH VIGOR Fight Against Rising Prc3S ! is Kspt Up Fiercely on Wall Street. EUILS HAVE MUCH TO CCN7END AGAINST Coiirie of llu ; .Mnrlict In Steadily tp- ! itiiril , In Sliltc uf Hie Oiift of Knvi'KCtlc ( ) | > | IOIIOIIM , Ml llKT'-UHO. NKW YO11K , b'upt. 5. Henry Clews , of the banking Jiuuso of Homy Glows & Co. , writes ot tlio week In Wall street : It Is now about two muni ha ! nce Wall street trnt'liGtl the conclusion that four years uf i end Ion nnil depression should Biittlce for county ! endowed with Mich cIcmeittH of vitality us UUM pomesses , and rnuilu up HH mind that thenceforward a great process of reuipcriitlon must act In nnd curry every Interest forward to a con dition of high normal | ire perlty. Our mar ket for securities now one of the foremost In the world Ims never since wavered from the conviction then miiturud. There IIUB , of course. Htlll been u pcMlml'Uc element-an tlierc nhvays U nnd miist lie lint there Ims rarely been HUC.II a tnmnlinoim feellni ; In faVur of "a Kreat recovery In values as has prevailed Blnce the 1st of July lust. The tvcovtry set In tit the henlmilnt , ' of tlio senson of miininur rccrentlun und after many portions luid consequently closed up their i-ppuulatlve accounts or deferred con- tcniplntcil invcHtmt'iitti ; whli-h was nn ele ment unfavorable : to the revival ; neverthe- les ! " , the Hummer transiicllons have fnr ex ceeded nil precedents In former like months. Indeed lime mirpuymM tliu dealings of tiny equal period In ttic history of the stock ex change. What Ims been the clmnnu In prices during these two months will ujip ur irom the' following riuotatlons fur the k-.iu- Inj ; active ntoeks on July 2 nnd SepUmber 1 , In tound llgures : Ad- ' July 2. Kopt. 1. vnnee. Atchlmm , Tciwka . < i tf.intu Ve JS',4 ' IS'.i 3 Canadian I ncllle 72 7 Camilla Kotitlitrn JO K D Central iif New Jtr.ey 8J ! * J 11 C.iOhapcalie A : Ohio IT " < i 9 ChlcuKO , lluilln loli & CJ H -.18 14 Chicago. MlHuitikcc , < t St. 1' . (3 ( ! u J2 U.ilcacu & Nbithwrrtcrn 117 121(4 ( * \ < i Chicago. Itcck Island K. ! > . . . . 73 UUi l ' , i Chicane ) . 81. I'aul & Uinaha. . 01 K 18 Delaware , 1. . & \V 15S 1CI 3 Illinois Ciinral Ui'.J Hlli 'MIchlRnn rioiillirru 171 Ii7 C lxng iRlanil 4.1 43 . . J/iilvlllo A : Nasdixlllc it Cl 10 Mlnnrrotti : St. Louis 20U S.V.4 5 MlMHiiirl. KunruH & 'I' . . I'M3l'.k > . 4Vi Mltfuilll I'nclllc 1914 M 19Vi V V I' A II II 102 103 " 7 NJ V. . O. ftV 15 IS 3 Norfolk & Wpulcrn. Iifil SO 39 10 lllo ( Iratiile Western JO" S2'i 2 St. U , A. K T. II CO C1'4 Hi Bt. Paul & liuluth JU'4 is &V Kouthem I'ucUlc I5"i ! 1',4 G Wnbnidi- 15 ! 2 7 American StiKiir Hi-lining Co. 12S 157 29 American Toliaecu 77 95 18 Chicago ( luH 94 103 ! ) He lit nil Klectrlc 31 3S 4 Nalkmil Lead , pfd 93 100 7 1'aclllo Mall SO 3Vi ( ! C'.Si Tcnnttnec fonl & Iron 2 ' ,4 324 ! S IVcjlcrn ttjilon k3 ' 9IV4 ! 4 11AHD ON THK HKAIIS. In every case bat one of those thirty-four Blocks ttn'ro ( HIM been nn advance In prices. Tim average rise has beeiv about S'i polntf. On elKht HtoekH the nilvnnco has been be low . " points , and on sixteen stocks between 6 and 10 points. Considering the Breat ex citement in the market , and the nmmiltmlo of the transactions , the. rise thus far realized eanJinrdly be regarded as very ex traordinary. It Is certainly far from sultlc- IIIK to restore values to the normal level that existed befoie the treit de.-res-Hlon set In , anil very far from correM ondliiK to the Kreat restoration of agriculture , of In dustry and of commerce upon which the country has now entered. Tnls brief com parison sioivs that Krr-nt recuperation Is Jiow In process. The advances that have been realized , however , nmkc It the easier to re.lsi the rlsliiK tendency ; and hence pnrh fresh rise Is sharply contested by the "bears. " IJurhiK the last week they have lieon courageous sellers , but have had to pay for their temerity. It Is not unlikely that the "bulls" may have to do n Kood deal ot hard tln.itlnir to liold the first average rise of 10 points , but they are m.ide strong by the.lr past jiroilts , and the whole drift of outside conditions Is continuously contributing to their suc cess. They have also had to contend against a large Imlux of foreign stock. The supply from Ivondon has probably reached not less than J13.000.COO In cash value for the. last few \\eeks , and more may yet have to come ; lint these supplies have had little other ef fect than to Induce "short" sales , which only add strength to the market. It wou'd ' probably be a mistake to calcu late upon London forsaking Its selling pol icy , The Hank of England stands In an exposed position. it has been steadily losing geM nnd now holds only ' ) " ,0),0)0 ' against tlii.OOO.O * ) a year ago ; and yet It h.is to provide for early Important withdrawals to Austria and Hussla , to fay nothing of the possibility of It.s having to contribute to countries which are embarrassed by short crops and will have to Import unusual quan tities of cereals. Under these conditions the bank nnd those largely dependent upon , lt nro using their Influence to prevent spec ulators from buying our stocks und to In duce them to rcallzo nt the current high prices. This motive Is likely to continue operative for some considerable time to come , nnd we may therefore expect no par ticipation by London In the current up ward spoculntlon , At the moment our relations with Spain nre again beginning to attract some atten tion , There Is a very general Impression that the administration Is considering how It may do tomethlng for the Cubans , but exactly what that something may lie Is by no means clear , A stage , ho.vever. ban been readied at which some effort seems likely to bo forthcoming. The president Is now In possession of the facts ascertained liy General Lee , and It Is understood that General Woodford If charged with special proposals to be submitted to the Spanish government , while press dispatches huvo reported that he has already sounded the disposition of certain Kuropean powers to ward Spain It Is to bo assumed that Mr. McKlnley will act with prudence and en deavor to avoid offering provocations to ( Spain , but he treads upon delicate ground und It Is not Impossible that Impending ne gotiations with .Madrid may evo'.te some uneasiness on this side the Atlantic. This Is a contingency to which cautious finan ciers am paying some deference. KKEI > TUB HULLS MOVING. The course of operations during the past week has been Irregular. Although tlierc litivc been no noteworthy adverse devo'op- tnonts and the drift of external hopeful con ditions shows no abatement , yet the "bears" exhibit a great deal of energy nnd direct their attacks svllh much skill. The "bulls" find no dltllcnlty In successfully manipulat ing such specialties as they take In hand , but , pending those operations , the "bears" assault shares for the time being neglected , and so keep the market In n ferment not conducive to n general advance. This Is always u feature In a market of creat breadth llko the. present , and calls for cir cumspection In the selection of HtoekH In ( which to make transient Investment * . Trade movements show no abatement of their universally hopeful aspect. In the merchandise matkets , the Increased demand IH producing a steady advance In prices. The Iron trade continues to gain In activity , nnd the rise In values Is extending over the whole range of metallic ! products. The woolen factories are clearing off their paK nccumuliUloiiH of stocks and conservatively Increasing their output , The cotton goods trade , though In u stagi * of the season when orders contract , Is yet doing more than a oed average business for this period of the year. Cotton has been showing a fairly llrm tendency In spite of a prospective crop of 9,000,000 bales. In brief , In all the large branches ( if-tradu there Is the game story of conservative activity. Increasing demand ftnd an upward tendency In prices , while railroad earnings continue to show largo In creases. There Is no dltllcnlty In divining the effect these movements must have upon securities. liiiiiiloii Money Alnrlift , LONDON , Sept , 6. Interest In the money market during the last week has been fo cused on India on account of the action of the India council In .suspending the sale of bills of exchange and offering to buy IMIU. It Is postflble that India will ask for u gold loan and that exports of gold to that country will follow , nnd gold may be used nt the rate of la 4d per rupee to ob'aln sll- 'Ver ' currency In India , U la concede ! that this would be u tUei > toward the establish ment of u gold standard. The uncertainty existing regarding the amount of exports to the United Btates and Japan rendered the market sensitive. Three months' bank bills jtvvro steady nt 115-lCii2 per cent , call loans nt 1 per cent and notice loans at 1'i per cent. The supply of money Is ample. The ellvur market was unscltlrd during the week. Har sliver fell to 23id per ounce , but later rallied to 2l&d. The only stocks showing activity were American railways. The buying was prln- clpally for Now- York account. 1'rlces gen erally advanced. The public Is Htlll disin clined to rebuy what It uold during the period of depreuHlon , but there Is much spec. Ulutlon. The amount of the securities held is unusually small , making the market here dependent upon New York. Tne activity Is ovpeeteil to continue throughout tha au tumn * ' All Kranf r are etrong , especially Mil waukee.Jtlch gained 3S percent. Wnbni < h gained 1 * @ 3U per cent , Chesapeake A Ohio , l.nke Shorn , New York Central , I3rle pre ferred nnd Northern 1'dclfle preferred cnch 1572 per cent , and Louisville 4 > ,4 per cent. Clause 22 of the New United States tariff law caused early Belling of Canadian Pacifies. This clause. It Is undcmtood , In aimed nt that line. Grand Trunks rose lVi1.4 per rtnt nnd Improved In tone. There was no Increase In the mining market. IIUYKItS CIIOWIMMJ Till : MAHIvKT. TriiiiKiiclUinn I , nut Week llu * l.urupit In n l.onir Time. NIUV VOItlC. Sept. 5 , At the end of the current wr k transactions on the Stock ex change have averaged larger aggregates per day than during any week since the Mock j market began to broaden and grow better. ' Of more consequence than anything else In ! this development Is the fact that the bulk ! of business I ? conducted by commission I houses which have relations with the out- I side public rather than by the professional speculative traders of the street. i The head of one Important house tells me i that during the last three days of this week hl.t morning mall has averaged orders to buy stocks for outsiders beyond W 00) shares per dny. This Indicates what I ? going on all over Wall street not only , but amply testifies that there Is In the public mind finally a i well grown belief that prosperity really Is with us. Of greater Importance than any thing else happening this week Is the agree ment among St.- Paul directors , an official agreement by the company's executive com. inlttcc , to make an extra cash dividend , This makes fi per cent for the year , for the last six months of the year It makes 3 per cent. ; Krlemta oC the property sny It puts St. , Paul on a C per cent bapls , for It Is under stood that half years hereafter will be 3 per cent , till the time comes ( as enthusiasts arc predicting it Is bound to come ) for still j a higher rate. 1 It has been over and over again pointed 1 out In these dispatches that the safest guide ' 'for speculators nnd Investors In the Wall street market hns been the record ot rail way earnings. The continual Increase In , yields from trafllc have been of far more value In making und directing safe Juils- I ments than all the glowing rhetoric that the , , "new era" talkers have been able to give ! us , and they Irivc given via a vast deal. \ And still the safe criterion Is the showing of the rallroada In their earnings reports , I uhcre ilgures week by week and month by month mount higher nnd higher. Wo are only at the beginning of the magnificent showings which the railroads ot the country are preparing to ex'ilblt. ' During the com ing week some Indications of how great are . the strides made by conspicuous corporations I will be added to tonic examples made public i this week. A couple of days ago we had I the St. Paul showing and the Rock Island showing , and the Heading showing for re cent period ? , anil In each Instance the result was magnificently surprising. T.io Missouri Pacific adds phenomenal figures. Progress has run far beyond what tnc moat nopeiui anticipated. SHOWING OP NEW YOUK CKNTHAL. More Important than most others due next week will bt > the statement of the New York Central for the month of August. The record there will be as Inspiring ns any that has anywhere appeared. Considering the fact that the New York Central 'Is an east ern property the showing will be dazzling. We have been making imuh of the fact that all of the we-tern railroad properties prosper because of the exceptional agri cultural situation and the tremendous rush of crops to market. The New York Central In a different territory shows the splendidly encouraging fact that not all of the gain's this year are to be confined to one section- testifies that the whole country Is sharing In the betterment , that railroad gains re flect general , not special condition ? . I have olllclal authority for the statement that the New York Central earnings for Anust will go beyond gains of $100,000 per week. Such a showing Is simply marvelous. There was n gain for one month of over $100,000. The New York Central will soon ba making an Increased dividend , as the St. Paul has officially determined to di. The Itock Island company Is certain to join In this enthusiasm-making procession. In the Hock I-'land case the casting vote Is with Chicago. If President Cable is In favor of doubling the Itock Island dividend this fall the dividend will be doubled. If President Cable , choosing otherwise the ultra conservative course , shall choose not 16 make an Increase In the dividend thin fall , but to wall till next spring for perhaps n bigger distribution. President Cable's views will still dominate. Oie : thing certain Is that the Hock Island company Is soon to go upon a larger iiiviuemi URFIS , ap current earnings warrant It. Eaytern directors would be ( as 1 happen to know personally ) Flud to have Mr. Cable advise the Increase. CAHLE'S PHUDKNT FORESIGHT. When panic times were just beginning , when optimists on every side were pro claiming that there was no dark spot in the situation , to be prudent as Mr. Cable was prudent provoked In every spemlatlve quar ter animated aspersions. Cable was wicked ; Cable was a speculator ! Cable cared not for his stockholders ; all that Cable cured for wna Cable's own Interest ; Cable must fio. But epithets were not able to swerve the man of Illinois and Hock Island kept on re trenching. It put into operation not merely economies In construction ; expenditures In Its salary list were cut down , and the cut ting down there was not alone ; the stock holders of the company were brought face to face with the fact that retrenchment , properly retrenching , meant careful pruning on every account , and dividends went down just as other current liabilities wont down. Later came , and came quickly , came with terrltlc force , vindication of the policy of H. H. Cnblp. Security market evolutions have In more than one Instance testified to t.ie wisdom of the administrative policy , which In advance recognizing the certainty of trouble , was equipped to meet and withstand that trouble. In those days Missouri Pacific was selling I above Hock Island upon the New York ' Stock exchange. So was. Atchlson. In those i days when Cable was cutting Hock Island's 1 dividend down A. A. McLeod was udvunc- | Ing dividends for Heading. No man , even casually Informed of what since has developed - , oped and demoralized Wall street , can fall 1 to see the hard sense that ruled In Hock , Island. Nothing strange at all Is In the fact that now the Hock Island sees Its way to resuming old and higher dividend rates. In the Hock Island example and In the St. Paul example are evidences ot the safety In new security market buoyancy. These ex amples represent conservatism not as a theory , but conservatism applied. PHOPEKTIES WELL KEPT UP. More consequence than any theories touchIng - Ing what the Immediate future of stock market - ; ket ( 'notations may be lies In the fact that i during thd hard times Ftrotchlng forward i ever since the Daring collapse shook the whole financial world a half dozen years ago properties administered us are the St. Paul and Hock Island have been continually up building. Instead of bending every effort to make n showing In Wall street , it has been the wisdom of Hoswell Miller and U. H , Cable to make better the physical and financial condition of the pro.iert es nt who o In ads they stand as real , not hesitating , directors. And the Hock Island system and the St. Paul system are today ( no higher compliment can be paid ) worthy to rank with the foremost property In the world the Chleago & Northwestern. Whatever vise may have been proved In the terrific tests of recent years , one fact superior to every doubt Is established , and that fact Is that the western railroad man ager ( typified by Miller and Cable , ranking with Marvin Hnghltt ) Is revealed as power ful und dominating on the hide of conserva tism which \\IIIH. In the Wall street security markets what IH now plainest Is that the. public In the market has probably doubled Its investment linen during the last sixty days. The public could afford to buy. Not that the public has suddenly grown rich , but for a half dozen years the public has been selling Itu holdIngs - Ings , not adding to Its corporate Interests , llenssurance makes buyers of hosts who re. cently have been most devoted to trying to protect what they owned. Alonsr with the public In the market there has been coinci dent buying in an aggressive way by the foremost financial Interests of the country. The leaders of thu A'anderbllt family have been among such buyers , und they are still buying. Without exception every magnate In the Standard Oil group has been keeping btokers busy. So elsewhere It has been through the roster of the rich men of the country , Hard times talk played out , con fidence In new conditions and butter ones In duced epthuslasm , as rellecteil. In every se curity mat ket throughout' land. It Is not only thu list on the New York Stock exchange that has gained In market values ; theie has been growth In every stock and bond of well managed corporations In every part of 'he country , though naturally thu great gains are und must continue to be. In securities which have the readier market Wall street gives. CAVTIOUS INVESTORS COVER. In view of thu fact that un extra holiday Irtervenes before business begins a * ain on the Stock exchange many securities were sold out today by people animated by pru dent motives , Indisposed to run the risk of liny bid news Intruding over Uibor dny Some additional phyncss Is felt over the fear that sensation makers anxious to bull grain may discover or Invent n frost out west within the next day or two. If the market continues In natural upward wwlns next week will see activity In all of the standard i locks. New York Cen'ral , Northwestern and Western Union may llg- ure us leaders in further Improvement. The coal stocks and stocks related to the Iron tradtt are also scheduled for advance ! ) U the general market holds. Prominent und Influential commission houses are practically unanimous in Issuing letters tonight counseling clients that the market is safu and can be further bought profitably. H. OMAHA LIVE STOCK MARKET Cattle Rccoipta Drop Off , but Hogs Hold Up Well , NET LOSS FOR THE W EK ON CATTLE I'rlce * 1O to in CrntH I.cnrcr an tlic of llcnvjKreolittn - H .Still Mov I MR L'p- ' SOUTH OMAHA , Sept.Receipts for the days Indicated were : Ca'.tle. Hogrv Sheep. Horses. September 4 5SO 1.673 1,201 September 3 4.4&I 4,757 1,473 21 September 2 5,031 6.0S1 1 , ! > SO September 1 6.2S1 6,222 4 , < G3 IK August 31 4,531 7,050 462 August 30 3,499 2.411 MO 2 August 23 2LS 6,812 351 . . . . August 27 2fC5 5.421 1.410 25 August 2G 3.72S ,417 1.49 13 August 23 3,423 G.45.1 612 27 August 24 2.4G3 6.S92 401 August 23 3,051 1,909 2.873 August 21 1,915 4.S92 1,402 123 Ilccelpts by weeks , as per dates given : . Cattle. Hogs. Sheep. This week 23,400 31,19 9,7'JI Last week 17,703 32,936 7,153 Same week ' 9Q 12,996 21,012 10,081 Same week ' 93 18.3A1 10,115 3,512 Same week ' 94 20,923 36,431 773 Same week ' 93 19,473 Cv,472 3,421 Same week ' 92 23.SS9 20.9S3 2.S9S The ofllclal number of cars of stock brought In tod'iy by each road was : ' Cattle. Hogs. Sheep , Missouri 1'aelflo Ry. . . . . . I Union Pacific System C 20 R , E. & M. V. K. H IS S. C. & P. Hy 2 C. , St. P. , M. & O Hy. . . . 2 4 H. & M. H. 11. U 2 23 C. , H. & Q. Hy 1 1C. C. K. St. J 10 C. , K. I. & P. Hy. , east. . . . 2 C. , II. I. & P. Uy. , west. . 1 Total receipts 23 70 G The disposition of the day's receipts was as follows , each buyer purchasing thu num ber of head Indicated : Uuycrs. Cattle. Hogs. Sheep. Omaha Packing Co 8H7 . . . . The G. H. Hammond C. 2 913 . . . . Swift nnd Company. . . . 41 ! C 2 21il The Cudahy Packing C. 3fi 1,518 SIS J. L. Carey 33 . . . . . . . . Benton & Underwood. . 3t . . . . . . . . Krebbs & Co 25 . . . . . . . . Sperry & Harnes 275 . . . . Cudahy P. Co. . 1C. C. . . 269 Pl'k'ton C. , Milwaukee . . . fl7 Other buyers 93 . . . . 2,333 Totals 533 4,631 2,912 CATTMO There were 'not enough cattle of any kind on sale to make a market , as ten of the twenty-two loads In were con signed to killers direct. The let-up In re ceipts was a good thing as It gave dealers n chance to clean up the odds nnd ends of a big week's supply. There was nothing new In the market for beef cattle and the few here were POOH picked up at fully steady prices. While well finished beeves from the feed lot are so scarce that but little change Is quotable , the general market Is lower by lOfiloc than last week's close a.i a result ot big receipts. The demand has been good all of the time , however , and the pens have been well emptied dally. The purchase ot grassers by the killers has enlarged considerably this week and It is probable that a still further Increase In this direction will ob tain as the season advances and the cattle Improve In flesh. Liberal receipts are looked for by dealers generally for the coming week , but with no Increase In the number of fed cattle. All told , there were not two loads of cow stuff In the yards and therefore compari sons would be of little worth , but , after the largest supply of she stock of the year , the market shows a general decline of lOif 13c for cows , heifers and rough stock , with veals selling about as well ns ever. As there was practically no freh stocker or feeding cattle and speculators did not have many the market was necessarily quiet. What business was done , however , showed no further deHlnp. Icnvlno tie market 15023c lower than n week ago , after the largest supply and output cf the year. HOGS With seventy loails today , the week's receipts are practically the same as last week and about 11,000 laruer than the corresponding week of 1S96. The IIOK * wer < > fairly Rood today , nlmut up to the recent average , with perhaps n plight Increase In the proportion of light to butcher weights. The general tendency WHS upward , with n break on l-'rldny , and the cloix" shows a full 10 cent gain as compared with last Satur day. day.HcKardless of condttlon3 nt other markets the ilemnnd here was urgent enough to advance prices a nickel and the trade was brisk from start to finish , although there was the usual weakness on heavy packers at the extreme close. Puckers were the main buyers nnd more atten tion was paid to quality than welctit , nlthnunh llKlit nnd butcher IIORS still commanded a small premium. The pens were cleared In good Rea son. son.A few common packers sold down to $3.95 hut $4.00 wns practically low price , and a few lands of Unlit to medium welKhtx reached Jl.l-i. against n ! 4. " > top yesterday , with the bulk of all the tales at J1.0lff4.03 , aenlnst J3.9aff 1.0.1 yester day , and $3.934.0I ) n week HBO. SHEEP Practical- of the fresh receipts as well as yesterday's late arrivals were on the feeder order so that killers did practically noth- tng. The market IB strong to ir > cent * hli-her fnr tn w t < . and with a pwd outside demand today , everything was disposed of. CHICAGO MVI3 STOCK 5IAHKUT. Active , 1m t ( iiMicrally I.nwcr Sliei-p and I.aillliM Steady. CHICAGO , Sept. 4. There wns the usual Sat- tirdny dullness In cattle. On account of the mall receipts quotations were largely nominal , yesterday's prices prevailing In the majority of eases. Receipts of native cattle have fallen off this week and the proportion of choice matured beeves has decreased , there being n great many thin stockcrs and half fat cattle , many of which are forced on the market by drouth In different sections. Iluslness In how remains fairly active , hut yesterday's top prices could not be obtained and llslit welRhtB were decidedly lower. Kales were at $3.t > 0 to $4 for heavy packing lots up to $4.35 for choice butchers' nnd mixed lots , with choice assorted llKht at from tl.'A" to $4.45. Tlie bulk of the IIOKS sold for from $4.13 to $4.30. The market for sheep nnd lambs was steady , n good share of the receipts liolnir connVl.id l city slaughterers. Sheen hold at an extreme rantje of from $2 to $4,2j for culls to prime na tives , western rniiKers comprlalng the bulk of the offerlneM nnd selling nt from $3.33 to $3.8" ) . I. limbs sold nt from $4.f > 0 to $5.13 for 'Vjj'.eras , and ut frnm $ i.W ! In $3.9 ! ) for K od to extra natives , e.ullx brlnRlng from $3.65 in $4. I-iwr receipts of Mieep and lambs arc expected next week. HecelptH C'altle , 6'W ' head ; IIORS , IS.O'lO ' head ; sheep. 4,00) 1 ? ad. SI. I.oulH Live SlilcU" . ST. I.Ot'IS. Sept. 4. CATTUJ Itceelpts , 2000 held : thlpments , 1,000 head ; market steady , but at a lower tange ; fair to fancy shipping steern. Jl.25ii5.15 ; bulk of tales , $4.73Q5.0. > , and steers at- strictly the top Krade would sell at $3,33 dreesed beef nnd butcher rteern , JI.WS5.00 ; bulk of sales. $1.rj184.SO ; Fleers under l.tiOO piun's , $3 GOfJ4,25 ; bulk of ale * . $3.6snl.OO ; etockf rs and feedero , Jl'MT1.40 ; bulk of sales , $3.00(74.311 ; con-a and heifers , J'.OOfM.M ; hulk of cows. $ : .Mfi3.Ji cunning cows , $ t W1I2.25 ; bulls. J2.lO TJ.r,0 T < xan and Indian steers , I2.MSI. ; bulk of sales , $3.3D 03.73 ; COWB and heifers , J2. 10 3.:3. 1IOUS Hecclpta , C.OGO lieud ; rhlpmenlH , 4.000 head : nmiket ! > a lower ; llKht. $4.2304.33 ; mixed , $4.0)04.30 ; heavy , $4.0004.3.1. HHKKP llecelpte , ! > GO head ; shipments. COO head market dull und steady ; native mutton * , $3.0003.73 ; etockers , $2 , ' .003.00 ; lambs , J3.Wf/:3. Kaunas City l.tvu SloiiU. KANHA8 CITY. Sept. 4. t'ATTI.U-Hecelpta , 404 head ; market steady and unchanged ; only retail trade ; best natives s'eody ; decker * nnd feedeia a little wruk ; Texas steer * , $2.ROfi3.93 ; TPXIUI cows , $ : .3.1ff3.23 : native uleerH , $3.25j3.30 | ; mitive cows and heifers , $1.2'.iH.OQ : stockera nnd feederx. $3.00N.r > 5 ; bull ? , $2.VWJ 3. 55. HOOrt ItecHpU , 4SilO head : market nlxiut uleucly ; bulk of snlen , Jl.10fil.17' ' , * ; lienvlrs , JI.Mf 4.20 ; parkem $4.0W4.15 : mlxrd $1.1001.21 ; lluhla , $4.00tt4.20 ; Yorkerx , Jl.U'jin.-O ; plw , J3.5nfj4.Jo. Hlir.ir : Iecelitn ! | , COO heart : murket firm ; lambs , J2.75B3.W ; millions , $2.23Q3.U. \V v Vork I.lvtSlunk. . NKW YOUK. Sept. 4-WKViH-Iteci'lpts. 402 head. Kuiopean cables quote American steers at I0\fillic ! ; refrigerator l > e f. 9',4M12e ; exportu , 1,33 : IKVICSJ 20 sheep unit 4.K30 iiunrters of beef. fAlA'KS Ileeelpls , 1 257 html : v < - l tf.W $ l.'i'i : KU'HM'ls and buttermilks. J3.M1J l.'J'i. HHiii' AND I.AMHS Hecelptg. 2.175 head ; sheep $3.j4.23 ; lambs , $5.,05 < S.73. HOGS-Iteceluls , 3,03 ? head. Market lower ill $4.E > Oft4.73. Stock In Stub ! . Ilecord of receipts of live Mock at ( he four principal markctd for September 4 ; Cuttle. UOR . Bhetp. Omaha . . . ( VI 4 75 1 - > U chio KO . co r ooj 4u Kantaa rtty . 411 4 r. 0 W > Bt , I-cllU . liu - , & J 3 > i Total ! . 1,760 2',673 , . Kim I Murrain I.lvc Stork. KAST 11UKFAI.O. Hept. 4. OATTIK-M rkt cteauy. HOOS-Good to ehulce , $ l.to 4.5V rmiBh , com mon to good. $3.CM3.U ; plK , | | ,4SfM U. HIIKKI' AND I.AMIISl.umtis. . Kuod to extra choice , $5.75 J6.00 ; fair , l.7i 5.0. ) : idu'fp , choice to ktlfcti-d wethers , $1 , 40x14. W ; culU und com mon , J2.TAkif3.75. SI , I , mil * Cieurrnl MnrUt-l * . ST. I/H'IH. Sept , . KIXH'Il-Qulet. paltntr. J5.Wfl5.10 ; trulKht , J4.GOIJ 1.10 ; clear , $1 OOU4.2D , medium. J3.t003.7t ; . WHKAT-Hltcher ; clotlnit with September , lUc , December , lUOUiC , ana May , lUc nbove yuter- dny'nflnnls ; DfctSM : ,1 the active orlton , opened I'tfUtc hiKher , itwltntd inc. rn rt d Vtt'tt. went bark He to I ip. " Ihtf r mllylng c nd clos ing strnnir , with netler * % fl to Ho belpw the top. Spot , higher : N < Mt ; jred , oath , rlrvittor , M\c : track , > Srj No , I hi ? 'd , cash , HomjSlc , tr cK ; September. MT4jCDecember , , KSC ? Hej M y. 7'c hid , , / . ; COUN Futures optned > 4e higher , with buyeri , but no sellers ; later weakened with wheat and declined % < ; . rnllylnR nnd cloning at the top with Imyen. Spot , flrni : No. 2 enth , za'ic blJ ; Sep tember , JS'ic ; December , SOo bid ; May , 32jc bld. OATS There was no speculative tradingox buyers ml telleri were too fnr npnrt , but Ihe tone wns stronRer ; No. 2 c h , elevator , ISc bid ; track , 20c ; No , ! white , KfflSc ; September , I9 to bid ; December , 20Hfl20Hc ; May , 23 < 4o bid. KYI ? Loner nt fW4c ! track , IIAIU.KY-Nomlnnl. COHNMEALr-StroriK nt Jl.70ffl.75. HIIAN Strong ; east track , Wcj track , this side , Me ; at mill , W > gr,2e. FI AXHiiin Ixiner nt MHc. TIMOTHY SKii > Prime , $2.75. HAY-Dull uml ensyj prulrle , $3.Wfl7.0C ) ; tim othy , $ .oog9.W. HUTTEll-Emy ; creamery , UCISc : dairy , 10 $ 16o. 16o.IHins IHins l/wer nt lOc. rot'I/ntY-Chlckens , firm : old liens , Cc ; springs. 8c | ducks , spring , 6 > 4o ; Ketse , tprlne , So : turkeys , * R7'ic. WHISKY II.2t : COTTON TIKS-CSc. HACiaiNO-6V.e7e. MRTALa-I sd , firm ot $1.15. Speller , dull nt $ .10. PIlOVISIONe-Pcrk , unchangeJ ! stnnlard me- , jobbing , J9.M ; old , IS.73. Lard , < > ; prime steam , $4.CO ; choice , $4.CiV < < Doeun ( boxed lots ) , extra short clear nnd ribs , JS.75 ; shorts , $ J. Dry salt meat * ( boxed shoulders ) . $5.50 ; extra short clear nnd ribs. $ G.2T : shorts. $6.374. ! HECUtl'TS-nour. 4.000 bbl . ; wheat , 69(00 btl. ; corn. 90.000 bu. ; oats. 43,000 bu. SHIl'MKNTS Flour. 6.COO bbls. ; wheat , 27.000 bu. ; corn , (3,000 bu. ; oats , 19,000 bu. CHICAGO ( jfiArv AXIJ rnovisioxs. I'ontnroB of Ili . TriulliiK anil Cl PrlcoN nn Snlurdny. CHICAGO , Sepl. 4. Whbat recovered Ox- actly half of yesterday's l j'c decline today. The tone of the foreign market * , which caused the decline yesterday , was also responsible In n great degree for today's advance. Corn nnd oats followed wheat and advanced ' .MJUc each. Provisions , how- evct' , were heavy nnd wound up the dny with slight declines. Trading In wheat was narrow , with prices confined to.a narrow range. The tnatket started strong nt 9llj9IUc for December , un advance of l',4 < 01-'lsC over yesterday's closing price. Liverpool showed substantially no change , notwithstanding a laio decline here yesterday. New York reported n large bus iness done for export the day before , the quantity being placed as high as 020,000 bu. , 410,000 bu. of It from New Yqrk direct and 201,000 bu. from otitports. The week's clear ances of wheat and flour from both coasts as rex > rtcd by Uradstreet's were P,2i > S,247 bu. These were the most prominent features of the early news , and were presumably the reasons for the strong opening. There was cnouph realizing- the opening advance to send the price down to P.'t-ic , when n grad ual recovery took place , the market reachIng - Ing ! )3',4c ) by 11:30 : o'clock. The Missouri state crop report was a bullish statement , giving the yield nt 9.-IOO.OOO bu. , cdniparert with 12.- 710,000 bu. the year btfore. The news from the northwest was also suggestive of nn even poorer crop of spring wheat than has hitherto been believed In , especially ns re gards the quality of the new wheat. The American consul at Odessa Is reported ns stating the Uusslnti yield of wheat In some places to bo only four bushels to the acre. The World's .shipments of wheat and Hour to Europe this. we k are estimated by JUcer- bohm's nt 6,000,000 bu. Chicago receipts were 315 cars , only twenty-nine of them contract and twenty-two of these No. 2 spring. .Minneapolis and Duluth received only 4SO cars , against 1,117 the correspond ing day of ISOi ) . The continental markets did not show much change. Paris tepnrted a decline of 15 centimes and Antwerp an advance of 12H 'centimes. ' Clearances t idny \vero reported at , 001,000 bu. The local ship ping demand wus at a standstill , which fact somewhat mllltjated against the bulls. December was telling nt ! > . " . % < - ' nt the close. Corn was slo\V but steady , helped by the hot. dry weather mid by the fact that Ar gentine corn shipments were nothing , whereas last yj-ar J,821,000 bushels were shipped. There wasisomc apprehension over expected enormous receipts by Tuesday and n disposition to 3'cven up" Monday's holiday wns shown , which resulted In a partial loss of the opcnlng''idvance. Cables were un changed. Seaboard clearances were 500,000 bushels. Local receipts were posted at 1,015 cars. December opened 'Mt c higher at 32ffs'iiS2 c , sold between 32ic ; and 328c anil closed at S yn c. Oats was quiet , , and practlcajly featureless , the market attracting even less attention than usual. The feeling was , steady In sympathy with corn and prices were slightly higher throughout. 'Country offer ings were light , but shipping demand poor. IU-celpts were 414 cars. December sold be tween 20V4ffWsc : , closing at the latter figure , an advance of VilSUc. Provisions were dull and n shade lower. The opening was steady with corn. Packers sold sparingly , but light ns the offerings were they were greater than the demand and a slight decline resulted. At the close .December pork was So tower at { S92V4. December lard about Sic lower at $1 S2V. and December ribs nominally Be lower at $ j.05. estimated receipts for Monday : Wheat , 430 cars ; corn , 2,100 cars ; oats , 425 cars ; hogs , 33.000 head. Leading futures ranged as follows : ArtlcU-H.I Open. | Hlili. I Closj. lYcstd'y Wheat- Dec. . . . 0:114 : May. . . DIM Corn Sept. . ZOH 3051 Dec. . . . 3'JJfi May. . . OatB Sept. . . 10 111ow 19 Dec. . . . 20 ow i'OK May. . . 23W Pork Fept. . . Oct. . . . 8 ' - ' H 91 ! ' 8 Kit 8 ho na.s Di-c. . . . 0 UUJ- 8 tiiih a ouv Lurd i'cnt. . . 77k- Cct. . . . 4 82M 4 8K 4 75 4 7.1 HO Dec. . . 4 HO 4 H7H 4 8JJ * 4 b- 87H 6h'tHlb Eeut. . 5 07H C l7V ! < 5 03 S 113 07 ! _ Ccl. . " C 70 (1 ( 70 fi 02K C US 078 No. 2. Cash niiotatlona were as follows : h'LOtnt Firm ; winter patents , tr..00 < f3.0j stralRhts , Jl.'OSI.COJ'eprlnB sptclalii , JO.OO ; fprlnir patentB , $ ; .lC 5.tO ; haker.s. X.0004.23. WHKAT No. 2 hprlnc , Ol'iasCc ; No. 3 eprlng. 90ff92Hc ; No. 2 red 94Kij97l&c. | COUN No. 2 , 30\'c. OATS-No. 2. 17c f. o. b. ; No. 2 white , SOJT 2 < ic , i HYi-No. 2. SOtfc. ItATlLKY No. 2 , nominal ; No. 3 , lOQIor ; No. 4 , 29i30c. KLAXSKKD-No. 1. J1.02O1.04. TIMOTHY SKKlJ-l'rlme. I2.SO. I'ltOVISIONS I'ork. mess , per hbl. . tS.SoQS.SO. Lard , per 100 Ihs. , 11.73. Short rlhs Kldes ( logsc ) . } 5 55 < rJB.FO Dry Hilteil FhrmldefR ( hnxril ) . $3.5UJf 5.73. Short clear Blde thoxed ) . J8.CKMJ0.12V5. WHISKY Distillers' llnifhed goods , per gal , , J1.22. HUG AH Tut loaf , J5.SI ; Rronulated , JJ3.2I , . On the I'roiluce exchanup today the bultcr market was uteady ; creamcileg , 12ai"o. dal.les , uniSu. Cheese , stc'iidy at 939KC. UBBS , tteailyj fresh , 13c. City .1lnrl * lH. KANSAS CITY. ( & ! . < . WHI3AT Ilatlier about steady ; No. 2 hard , 65 < iiEGc : No. mixed. 27I&27UC. , . . . OATS Al ut ste dynnil fairly art Ire ; No. 2 wlillc. )5i2SV4c. ) HVKYak ; No. if , 4Se. HAY Act ! . "JiHdjk'i choice timothy , I7.M : choice prairie , f.1. . HL'TTKIl Alwut BtP.idy ; creamery , dairy. 10 12c , KCIdH ' * * receipts ; Missouri and YlKc'ill'T.SVh.taf.o' 3".CnO Ml. ; corn , 2J.WQ bu. ; oaU. 111,000 bu. : . , ) i HHII'ilKNTH A\ | > euj { ( 240,000 bu.j corn , 29,900 bu ; cats. 8,000 bu.IJBj f , _ XIMV NU\V OHLKANH.H. | 1. 4.-IIOO Straily. I'ork , old. Eic. Lard , refined litres , 4 ic. Iloxed inert" , , dry pnlt hould ri > . 3'ic ' , ride * . CUc. llaeon * rriir rllia tiilon. C' < ' . llnnn , chulre hUKar curvd'f ; H9'ie. ' COKKii-ltlo : , orilllfaVy to low fair. J9.00ifll CO KIXt'It Steady ; vxtr'a fancy. tt. lfit.Ki ; pat- fliU. .120G5.50. COIlNMKAI.-Stea/.r nt ll.CO , IIUAN-Qulct at MUCS'le. HAY-KIrm : prime. UBll'.ic ' ; choice. KUfntVic COUN Steady ; EacKed , 30&33c ; mixed , 38Q33C. OATH FirmNo. . 2 rucked , 2ie25'jc. HVK Firm ; oidlnary to Kood. SSOIIc. Cliii'liiniill ) lurllN. . CINCINNATI. Sept. 4.-KLOt.'n-SU'ady. WHKAT Firm ; We. rOHN Firm : No. 2 mixed. Sl'ic. OATS Kasler. No. 2 mixed , Ji ! iW20c. : HVn-Qulet : No. J , 49c. HI'LK MKATB Firm at > 1P. Hucon , firm flt Jll. ( < i4ill.lo. Uird , easier at II-U. WHIHKY-ll.ZI. HI'TTKIt-Qulet. Ht'nAH-Flrm. ICflCS- Quid ut He. rmKHK-Flim. : TOLKDO. Sept. 4. WHEAT Firm ; No. 2 rasl ] , V3 > .c bid fOHN-Dull , but steady : No 2 mixed , Sic , OATSf'teady . No. 8 mixed , 19'ic. ' HYU Quiet. No. 2 , SO c , C'IXJViilSCKI > - Easy ; prime cath , September and Octcber , JJ.S7'i. OIL Unchanged. Jobbers and Manufacturers of Omaha. AGRICULTURAL IMPLEMENTS. T ininger & L Hetcalf Co. Agricultural Implements. IIUKKle > anil Carriages , Cor. Cth anil Pacific St . L/ingman 1 > Implement Go. Ilforganletl Wagons * Drills , Buggies , Etc. Ninth nrd t'ucluc Streets. Parlin , Orendorff & Martin Go Jobbers of Farai Machinery. s anil IliiKKles - Cor. Oth ami Jonm. ART GOODS Picture Moldings. Mirrors , Frames. Hacking nnd Artists' _ Materials. _ BOOKBINDING. ETC aes Priding Co. 1'itiXTixti AXI > ituou msnma. Eleventh and Howard Sis. BDOTS-SHOES-RUBBERS , mericagi Hand H'J'frs | Jobbers of Foot Wear WESTKItX .AGENTS FOn The Joseph Bnnigtm Rubber Co. Rubbers and Mackintoshes. ' Oiniiliii , Nell. Boots , Shoes and Rubbers Salesrooms 1102-110M10G Hartley Street. ors@0o@ Shoe Go \ Boots , Shoes , Rubbers , AT WHOLESALE. Ofllce and Salesroom 1119-21-23 Howard St. lA/ilSiams-Haprard ' r QltfkA fl"Am MM Wholesale Shoe Manufacturers Western Agents Goodyear Glove Rubbers. HH Hnrney Street. ' Ligidssy , WHOLESALE RUBBER GOODS Owner of Chief Drand Mackintoshes BAGS Importers and Manufacturers BAGS 614-16-18 South nth Street BAKING POWDER EXTRACTS. arreil & Co. , SYRUPS , Mola ? ct < , Sorchtnn , He. . Preserves and Jellies. Also tin cans and Japanned ware. CHICORY he American T Chicory Co. Growers and manufacturers of nil foims of Chicory Omaha-Fieinont-O'Nell , CROCKERY AND GLASSWARE. Crockery. Chin * , G'asnuare , Sliver Plated Wnre , Looking ninKscH. Chnn- , , , , Kt . dellcrs Lamps Chlmney Cutlery < MIO K.VIt.V.V.M NT , CREAMERY SUPPLILS T he Sharpies Company Creamery Machinery ami Supplies. liollprn , Knslnes , Keeil Coola-rs , Wood I'ul. leys , BlmftlnB , Helling , Butter Pack ages of all kinds. M7-909 Jones Bt. DRY GOODS. H E , Smith & Co. Importers and Jabber * of Dry Goods , Furnishing Goods AND NOTIONS. DRUGS. 'ichardson ' Drug Co. go2 qo6 Jackson St. J. C. IUCHAUDSON , Prcst. C. F. WKLI.KH , V. Prtst. E. jSrttce & Co. Druggists and Stationers "Queen Tee" Specialties , Cigar * , Wlnra and Hrandlen , Corner 10th and Harncy Streets. The Mercer M'fr * Staiiilaril I'liurinitrrutlctil I'rcnunt- thins , tipeelnl I'uriinilnr'rrimril la Order. Srntt for Ccil.idij/iic. Laboratory , 1112 Howard Bt. , Omaha. ELECTRICAL SUPPLIES ] \A/estern vv Supply Co Electrical Supplies. Electric Mining Bolls nnd Gas Litfhtinp C.V. . JOII\STOV , , Pies. 151B-1517 Howard. Supply Go AND ItliTAIL ELECTRICAL SUPPLIES 1C04 Fartinm St , FRU.IT-PRODUCE. WHOLE < ALE Commission Merchants. S. W , Corner 12th nnd Howard Sts. Membem of tin ? National Irfatue of Commis sion Merchants of the t'nltcd State ? . treighf & Howes , JOIIIlEltS Fruit and Vegetables SPECIALTIES Strawberries , Arples. Lemons , Cranberries , Potatoes. 1017 Howard St. FURNITURE I \VHOi.t3SAi.C i Furniture Draperies 1115-1117 Farnnm Street. GROCERIES. j V WHOLfiSAUB FINE GROCERIES \ I Teas , Spices , Tobacco and Cigars. 1403-1407 Harney Ssrect- 13th and Lcnvcnwortli St. Staple and Fancy Groceries , ICA A\D COITEE HOKSUU5 , Etc. IMI'OHTKHS. GAS COFFKI3 HOASTUItS AXO JUIIltlXU Telephone 2S2. HARNESS-SADDLERY J HAltXKSt , NADDl.l S Julilirn of Leather , Kuitiltrru llurtlitarr , Kte. \\'o foltclt your onlorH 1315 Howard St. HARDWARE Wholesale Hardware , Our.ilia , Hardware Oo Wholesale Hardware. lileyclcs und Sportlntc Oooda , l"l'J-'Jl-'ji : Ilnr- ncy fctiuut. HATi-CAPS Gate Cify Eiai Eo. - . . _ 1100:111(1 : 1111 llowunlBt , 1I.ITH , Cstl'ti , CSI-tll'KH , MITT1\H Owncrii of fJato City , I'rvilrnH , ] > um Beu and Transmlstltiilppl brandu uf IIUIH. LIQUORS. Co WHOI.KHAM- ; LIQUORS. I'roprletor of AlIIIIHCAN/'iaAIl AND OLABS 11-210 Hout'h Hth HI. tier's Eagle Oin East India Bitters Goldfn Hhraf IMre Hye and llourbon Willow Hprlngi DUtllUry , Her & Co. , 1112 Harnty BtrteU LIQUORS. rrjckj Herbertz , . Wholesale Liquor Merchants , 1001 I'tumuii Street- Wholesale 1.1 Liquors and Cigars , 1118 Rirnnm Street. John Boekhoff , WI1OI.ESAM3 Wines. Liquors and Cigars. 4lJ-4iri S. Uth Street. LUMBER WHOLESALE DUMBER . , . 814 South 14th St. ? \VHOLi : . ALi : AND IlETAIL L UMBER Onice and Yard ? 13lh and California Pts. OILS-PAINTS Air Floated M ncral Piint And Paints uf All Kinds. Putty , Kte. lOlo und li'l ' * Junes St. J. A. Moffet. 1st Vice Pi" . I. . .T. Dralte , Gen MEI . . . .OILS. . . . ClnFollne , Turpentine , Axle Oroapc. Kto. Omiih.'i Ilranch and AKPIICC | , Juhn II. Ruth Mfjr. 0 YST"fiRS & Go , PAl'KHIlS. KING COLE OYSTERS , CEMJIIY AND poui/rnv. 1015 Howniil St. PAPER-WOCD2NWARE. karpesifer Paper Go. - - & Printing Paper , Wrapping Paper , Stationery Corner 12th and Howard streets. Co. WHOLHSALB I | Paper and Stationery. 20S-S10-212 S. Hlevcnth St. Paper and Wrapping Paper , Stationeryt ] \oodenwarc. 1107 Ilarney Street. PHOTOGRAPHIC SUPPLIES. Hie Merf Photograpliic Supplies , I'nriiaiii St , STEAM-WATER .UPfLIES. 1OI.I-IO if , Douglas Street. Manufacturers and Jobhrra of Steam. Oa and Water Supplies of All Kinds , ifoS-nio Harnev St. Stenin I'utnns , Kn liics und Hollers , I'lpc , Wind Mills , Blfiiin nnd I'ltiinbltiK Mutprial , IK'ltlnr , Hose , Ute TOYS AND FANJV GOODST H Hardy & Co 'Joys , Dolls , Albums and FANCY CJOODH. /loute Furnl hlnt ! , I'lilldten'n Currlnecs , Ute. 1319 Turnum ytitet. TYPE FOUNDRIES. G Type Foundry Superior Copper Mixed Typo In the but the maiki't. KMXTIIOTVI'K r JAMES E. BOYD & CO , Telephone 1030. Oinahii , Neb. COMMISSION GRAIN : PROVISIONS : AND ; STOCKS ' IIOAHU OF 'I'll A I ) M. Olr ct wire * to Chlcaio and New Tork.