Omaha daily bee. (Omaha [Neb.]) 187?-1922, November 22, 1897, Page 6, Image 6

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    THE OMAHA DAILY , NOVEMBER 23 , 1807.
MARKET ON SOLID BOTTOM
Values Touch the Low Points and Any
Ghanga Must Bo Upward ,
OPERATORS LIFT WITHOUT SENSATIONS
Bliixt Nunl'i r More Altciillnn Jo Cnr-
rrnt I'no to I'M . .Vtli'i'tliiRValues ,
Which IN CoiiNlilcrvel it
NEW YOItK , Nov. 21. Henry Clowa , of
/lin banking Loueu ot Henry Clews & Co. ,
writes e < ( jo sltuatloti In Wall street :
Tlio Wall street markets Hliow little
clianc. from the Intu coinparnllve dullness
nncl TrriEUlnrlXy of prices. Current event *
do not MillU-u to Htlr Bpeotilntlon to activity
In the rnnki or either "hulls" or "bears , "
nnd IniHlncwi Is mainly confined to lirluf
piofcBHlonnl turns , IJHHIMI upon the varylim
whims of the moment. Thu market ( lifters ,
however , from Its condition of hvo or three
wcelis ngo , In that It nppcnis to hiivc
reached it polld bottom na to vnlues. There
are no pessimists with couniRe cnoUKh to
nttfmpt Inrso depressions ! nnd equally no
"bulls" who think the situation pronmlng
to encrgctlo tniinlpulutlons for n pro
nounced ripe. The Cub.tn Idea having
largely lost Its force , the Jingo sentiment
liclnw apparently on the wane , nnd the Ne
braska rnllioail decision having tiprnln been
l)0'tponcd ) , thtro H less miiterlnl for the
creation of ppns.itlons , and operatots arc
driven to pay more attention to current
factors rclntltifi to condition. ) * which dl-
rcotly affect the raining value of Hecurl-
ties ; whlrh IB a hopeful symptom In the
situation , ns facts or that nuturo arc fen-
er.illy mnklnp a oed showing nnd yet have
been long disregarded , or not sufficiently
nppreclati tl , The result of this clmngo Is
a greater dlncrlmlnatlon lit puichascH , BC-
lectlona being more regulated by the merits
of the several securities than by mere Ben-
eatlons. This Is a distinct pain In the
morale of the market , calculated to cn-
cournso confidence and to produce a more
rational regulation of values.
There Is , however , one factor which Is
Bocretly exerting it greater Influence upon
the market than any other , perhaps more
than all others combined , but uhlch Is
comparatively llttlo regarded. The amount
of stocks thrown upon the market In the
recent great HuUldatlon Is probably much
greater than has been generally supposed.
The sales \\ITC not merely from the ordi
nary floating supply being can led on the
market. Since the- great btenkdown of 1SS.T
nncl pending the pllvor excitement , the
friends ot railroads and other corporations
had found It necepsnry to protect their In
teresta through buying the stocks which
\vero coming In large volume upon the mar
ket , Hut for those purchases the effect
on values through the three years of suppressed -
pressed crisis would have been much morf
serious than It proved to be. Those ucuinu-
latlons must have been Immense ; and , for
that reason , the holders of the stocks were
the morei ready to seize the first oppor
tunity to realize. The sanguine outside1
element saw. In the recovery of confidence
nnd trade , n legitimate basis for a great
rise In prices , nnd on that Impulse tliej
bought without stint or fear. They over-
lookeil this vast unseen accumulation nnd
before they had awoke to n perception of
Its existence the tin boxes of corporate
capitalists had been emptied on the mnrktt
nt tlio highest range of prlc'es. This has
been the preat controlling factor In the
market blnco the beginning of Oetober and
few of the rnnlt nnd file of operators have
noticed It. Herein lies the answer to thi
question BO many are asking why dots not
such n generally well situated market
react from the great fall In prlce.s ? The
reply Is the supply of stocon the market
has been Immensely Incicancel , nnd a re
covery In price's calls for n corresponding
Increase In buying capacity nnd carrying
ability. It takes time to digest and dis
tribute this large sudden addition to th > ?
floating supply of securities and to collect
the needful new set of buyers.
It Is a significant fact that this avalanche
has not produced more serious effects on
prices than have actually occurred. That
fact plainly implies great ronlldcncc In
values und a large purchasing ability In the
market. It Is to be remembeied that tlie
break In prices was Btlmulnted by the large
fall outflow of currency to the interior nnd
the consceiueiit check upon the ability oC
the banks to extend their loans upon stock
collaterals. That restraint Is now abating
Tlie money Is coming back rapidly and , at
the opening of the new year , the banks
will again bo flooded with loanable re
sources. Wlnn that point has been reached
the market will have been subjected to a
long nnd testing trial of Its strength ; a
new set of buyers ! will be brought Into the
market by the feeling- that conditions seem
to warrant a new upward movement In
prices ; and no adverse conditions being
forthcoming the logic of the January sit
uation will seem to favor a vigorous "bull"
campaign. It Is not Impossible that till"
tendency may be appreclateel In advance
and Its outcome partially anticipated next
mmith.
T.io next considerable element affectlnp
the market will be the assembling of con
gress , with Its attendant recommendation-- )
fioni tCic president and his .secretaries. So
( far as can bo seen at present there Is llttl
probability that any seriously disturbing
measures will bo Introduced. It may not be
easy to keep both houses lAlthln p'iclfic
limits In respect to Cuba , but there seems
to be llttlo room for doubt that the president
Will use his utmost Influence to prevent that
Question from drlf.lng Into n phase that
would disturb , public confidence through de-
Tanging our relations wlta Spain , He would
bo strongly backed by the business senti
ment of the country In taking such a course ,
nnd the jingo legislators may be restrained
from e.sces.ses by the dlscovoiy that there it ,
no lonynr any political capital to be made
out ot this question , but rather public dis
favor.
In public estimation by far the most Im
portant matter to occupy the attention of
congress Is currency reform. As yet , however -
over , Wall rt'reet ' has not generally viewed
It as a. question hem Ing very directly upon
the market for securities Thlp apparent
neglect cannot bo due to oversight of tlu *
fact that the quality of securities denorn ] *
upon the qUalF.y of motley In lAhlch they are
payable ; perhaps the explanation Is rather
that the exchange fraternity have some
doubt whether any legislation on the ques
tion can be ; at present accomplished. On
this there Is undoubtedly room for differ
ences of opinion. Hut two things appear to
bo certain ; first , that the president and the
eecretary of the , treasury and apparently
nlso Speaker Itecd will earnestly employ
their Influence te > secure the oiloni Ion of sueh
legislation ; ami. second , that If congress
ehould be founel lukewarm on ( Tie subject
members 111 be subject to a pressure from
the business sentiment of the country calcu
lated to nrouse > them to n .sense of their
du'ly ' , for the earnestness of conservative
opinion on the subject Is little less than that
which demanded the lepeal of the coinage
clauses of the Sherman law of 1EOO. In any
cuso It ennnot bo denied that the present
condition of our currency Is nttende-d with
cr.wu misgiving ? , especially across > ho At
lantic , aH to the value of our securities
That , Indeed , IB the one great ohat.iclu with
.which wo hnvo to contend In placing our
obligations abroad and In keeping them
there. If something Is not elono by llio next
congress to remedy this dH.rust the fee-llng
mill bo deepened ; If congress passes a law
tending to glvo assurance ! that wo s > hnl ! nl-
wnya bo nblo to pay these obligations In
gold our foreign credit would bo greatly
etrengthened and a new source of demand
for our stocks and bonds would ba create I.
Whatever may bo done In respect to the cur
rency u resolution should be ml op ed de
claring nil obligations of the United States
government payable "In gold ; " not , as nt
proaent , "In coin , < Ahlch may mean either
BOld or silver Also , as a i" > nn * of muting
. quietus : on t"io 'llv.r nsltu'lon iho ttcasu y
notes Issued under .hev act of Ufo should alt
lie withdrawn a rapidly as possible nnd the
silver coin left to circulate In their stead.
That would probably make a sufficient quan-
< lty to onablet the people to better under
stand what silver money really Is , If It doe"
not then treat the "Hlaml" Issue of MJvv
notes in the- sumo way ,
COMUTIO.V viSU' YOIHC IIAMCH.
Ule-avy lliiliiiuu'M Due to Union 1'iii-lllu
I'll ) nit-nix ,
N15W YOHK , Nov. 2l-The New York
Financier soya : TJie statement of the New
York clearing house1 bunks for the week
presents no features of Importance beyond
the plain evidence that money Is still ac
cumulating nt this center. The week's
changes , however , are so complicated with
the Union 1'aclflc foreclosure settlomonts.
which began Monday with the transfer of
the ) sinking fund bonds to the syndicate ,
that a definite Interpretation la pomuuhat
Vllllcult , The first payment of Jl3wo.ooo Is
to be made through the depository bunku
nnd preparations to that end have been
finally completed. The consummation ex
plains the heavy balances by some of the
banks at the clearing house during the last
day or two und the Increases and de
creases In the total of the statement. Thus
the actual decrease ) in deposits can be
traced to eight of the larger bunks. The
accumulation of cash- for the week was
not less than J3.639.0CO , but It Is noteworthy
In the reserve of the bank which has taken
part in the Union Pacific deal of JUSO.WX ) .
Some of the inoro prominent banks men
tioned in connection with the plan have
trained in cash , but there la no doubt that
The expansion was due in a perceptible de-
gtto to the flow of funila from tha Interior.
The levin Increase Is also Involved In the
caifces already mentioned.
The ppln for the week cannot bo at
tributed to mercantile ! ncceta , from the fact
that the cxputiHloiv of one bank which has
been advancing money to the Union Pacific
syndicate * as over UOo.OW. The truth of
the matter la that this loans of the bniika
hove contracted I72S.OOO since the previous
statement. An matters stand the total In
crease In loan ! ) of New York banks since
November ( I has been ? 1 > 774SOO , but as the
loans of the one bank mentioned have in
the same time grown about ? 12,000OX > , the
only Infcicnco In that the demand for
money for business needs han fallen off
and that maturing loans are being liqui
dated.
ThU explains the present ease In money
rates. Uoud commercial paper Is scarce and
but llttlu money Is being loaned In the west
In lints which usually absorb takings at
this reason. The season of an Inward flow
of money Is at hand and unless something
unforeseen occurs the outlook Is for con
tinued cheap money. Hankers arc talking
of Increased Interest on country bank busi
ness , but nothing definite Is forthcoming
on this point.
CHICAGO r.HAI.V AM ) IMtOVISIOXS.
Kcntitrc * of flic TrnillitK ntul CloHlnu ;
' I'rlcuN on Siittinlnj- .
CHICAGO , Nov. 20 A declining tendency ,
duo principally to lack of speculative
activity , characterized business In all the
grain and provision pits today. At the close
wheat showed declines of % c In December
und % c In Slay. Corn declined U0c. O.its
% c for December nnd USHo for May. Pro
visions declined 5 < iT10c.
Wheat opened dull and \'tc \ lower on ac
count of Liverpool dropping the larger part
3f yesterday's sudden nnd extravagant
julge. It continued dull except for about
Iftccn minutes In the middle of the session ,
when the dull feature of the market was
seized upon ns n sulllclcnt sign that u bear
raid might be successful , und It was to a
moderate extent.
The Minneapolis nnd Duluth receipts were
1,102 cars , against 1,230 cars the preceding
Saturday and 7S.1 ; cars the corresponding day
a year ago. Chicago had 13S cars , against
1S1 cars a week ago and 7U cars last year.
The week's clearances of mhcat and ( lour
lo Utirope from both coasts of the United
States and Canada were , with one cxcep-
: lon , tile heaviest on record T.iey amounted
: o GG.ia,7i2 ! Ini. , against B,4K > , COO bu. the week
liefora and 3,3D7WO bu. on the like week of
the picvloue year.
Argentine did not ship any grain to Europe
this week , but a cablegram from the Liver
pool Corn Trade Nous , stating that Atgen-
tlne wni offering a new crop of wheat for
March shipment at 33 shillings a quarter , or
Oe per bu. , w.ia one of the most bearish
features in the news of the day. It wns
ilso very generally believed that yesterday's
riecttllar advance at Liverpool \\u due to
inivlng ciders from Chicago.
Continental markets were s'oidy to firm.
Antwerp quotations were undianged and
Par120 centimes higher for near and 10
centimes up for distant dc'lverlcs
Kxport clearanc"S for the day from At
lantic ports were -ns.OoO bu. Some export
business wns reportc/l as having been done
from here ; 150.0W ) bu. was the quantity , and
I' was said a similar quantity p.\as disposed
of for export at Duluth. The probability Is
that only a liO.OOO bu. lot was sold. New
York reported eight boatloads sold for ship
ment there.
May wheat opened at from 90' , c to PfVUc ,
sold up to OOTic , down near the close to
! 0'4c and lustei' ' at rO'&fiWic. '
Corn was weak wl h the spread between
December and May widened to 31' < . ( ff31c.
There was very heavy selllnc of May. one
firm disposing of at least 7M.OOO bu. Ele
vator pcoplo wereon the selling side De
cember suffcrpd the most from ti' o dnv's
Ililiitdatlon , that option declining 3sC , while
AInv lost lie. Thu week's clearances were
: ! ,20'UXiO bu. Receipts wore H2fl ears. May
mntTLMl fiom 29c to 29' c and closed at
23140 29e
Oats , vere weak with a very moderate vol
ume of trading. Prices declined under sellIng -
Ing by elevator people. The hull crewel ,
which has been so much In evidence all the
week , gave the market no .support today.
Receipts were 3S7 cars liny ranged from
221,0 { to 22c , closing U0 lower nt 22 < fl'22c.
Dcci'mber oats , as was the case In corn ,
caught the most liquidation and closed % c
lower.
Provisions wcro heavy. Closing prices
IVOI-P the lowest of the day , nnd for ribs
no' far from the bottom prices of fie sea-
Ron There was some selling through brokers
credited to packers , the English packers In
particular. Largo hog estimates for the next
, \eek affectcel the market'somewhat. Some
dullness was the feature. At the close Jan
uary pork was > * ( inOc lower nt $ S 17 % , Jan
uary laid 5iri7'/jc lov.er at $1.221,4 and Jan
uary ribs 5c lower at < 4.20
Estimated receipts for Monday : Wheat ,
130 cars ; corn , 413 cars ; oats , 3M cars ; hogs ,
5,000 head.
Legging futures ranged aa follows :
Articles. . | OPJII. | Ul.-h. | LJ.V. | Cloaa. YeTatJy.
Wheat-
Nov. . , 01
Dec. . . OSM I'S
Mny. . , uow
e'oin
Nov . . 20 20W
Dec. . . iUU ! VI !
May. . 2UU i'JH :
Oatt '
Dec. . . BOM' 22 H
May. ,
lork
leo. ) . . . 7 27i 7 27 7 20 7 y < >
Jan. . . . 8 yj > b VB > a 17 8 17
> 11 rd
Dec. . . 4 12- ! 4Vi \ 4 10 4 12 4 in
Jnu . . . 4 i3 ! 4 23 4 22 4 Ili4 !
"
Dec. . 1 I 17 4 m 4 22 ! .
Jan. . . . i'JJi 4 i2H 4 171 4 20 4 25
No. 2.
Cnsh quotation \\ere ns follousi
FLOL'll-Sti'fuly ; winter patents , $4. OSJi 00 ,
straights , tl.30I74.C9 ; spring speclnls , ! 5 0 ; sprlns
alt'iits ) l 30flj 00 ; bakers' . J.t.WffliJ 8)
T No. 2 up In5 , bS'/6S < .i4'1 ; No. 3 opting ,
, n. 2 red , DJliaaji.ic.
COHN No. 2 , 2C' c.
OATS No. 2. tie f. o. b ; No. 2 white , 23yi
21'ic1 ; No. 3 while , 25f2)c.
11YE Nn. 2. 46iifi7r.
UAHLEV No. 'i , 2783Sc f. o. b.
8131318 No , 1 llnXHccHl , } lOJ % J1.10',4j prim--
timothy hPesl. J2 C,4.
1'KOVIHlONS-Mess pork , per bbl. , $7.JO7 K.
I.ird , per 1W His. , J4.17H. Short rILs H'de'j ( l-wsa ) .
t4.15Q475 ; ihy fnllc-d shoulders ( Iraxedl , $4.75i
SOO : shoit clear sides ( boxed ) , Jl.tOfl'l C2'i.
WHISKY DlBtillers' IlnlslieU gooefa , per gal. ,
J1.1S.
81TOARS Cut lonf , J5S1 ; grnnulated , J5.21.
On the Pr-xlnee exchange today the butler mar
ket wns ptcndy Creameries. 16fi2.o ; dallies , isff
lue. Clieefi' , eiu'et SjJ814c. EKHB , firm ; frejli ,
Ll\o iioultry , mailcct oa y , turUejs. 9Sj
chickens , 5e ; Fprlnnn , liiJSlio ; ducks , H4&7c.
Loiuloii Fliiiini-lnl 3lnrUc * ( .
LONDON. Nov. 21. In the curly part of
lust week , with currency returning from
the provlneeH , the IlontlnK supply of money
seemed Increasing nnd rates correspond
ingly weaker. The re-payment of loans to
the Hunk of HiiKlnnd and further borrow
ing by the bank stltfencil the market. The
forthcoming settlement on the pxchungo
la tending to produce the same effect , wnllu
the prospect of pold going to the United
Stntc.8 IH the chief factor In nil cHtimatCB.
Hates haye been linn at "V- per cent to a
per cent. Chill has been Importing flXW.CW
for her convcrhlon scheini't Stocks were no
.noro hctlvo last week tlinn the week be
fore. Some railway necuiltles nru adversely
affected by the prospect of the coming ses
sion of Parliament. Little Is doing In
American railway securities , but It Is ox-
pe'cted that busness ulll be brisker If Pres
ident JlcKlnley's message to eongrens
proves piicltla In tone. Iluylng lust week
was conllned to high clnss bonds. Grand
Trunks were freely bought on the pros
pects of the bfiiellts of the Wabash agree
ment , Canadian Paclllc Fccurltles wore
well maintained on the strength of good
reports , but Central I'nelllc und Union P.i-
olllc snares havi fallen. Luke Shore &
Michigan Southern slmres have fallen 1
point , neudlng serond prcferrtd shares \ < i
point , ChlciiKO , Milwaukee & St. Paul
'A point , ( "hlcago. llurllngton & Noithern
Vt point , illbsourl , Knnfc.ii ) & Texas %
point , Illinois Central U point nnd Central
Paclllehhures ' $ point. There wa some
demand for Atehlson , Topeka & Suntn Ke ,
Spanish bonds have risen because of the
relenso of the * Competitor's crew and most
of the /orelRii bonds , aho\v nn upward ten-
deney , The mining market continues apa
thetic.
London ( irnln 3lirki ! > ( .
LONDON. NQV. 21 , lUiBlnefs In the grain
trade bus been very ( inlet during the last
week , The prices of wheat are about un
changed. Jluyprs of California wheat , No
vember delivery , have been paying 37s Cd
ami for prompt delivery 3d less. Sellers of
Wiilla Walla asked 30s 6d. The last pi Ice
paid was 3Gs.
More Argentine sellers are appearing
Aigcntlnevhuit mis ejuotul at 33s yd , Feb
ruary or March delivery , steam , or sail.
Malzo WHS llrm. Old mixed mnlzo sold
at 16s 3d ; new January to April mulzo was
offered nt 1Cs ,
Flour quiet.
In barley It wns. noticed that there are
no American supplies lure.
Them WHB a Urgei business done In oats.
For mixed clipped flouting oats IBs was
paid , leaving- off with selle.ru asking 15s for
December outs ,
Dftrolt Murkfl.
UETOO1T. Mich , . Nov. 10 , WHEAT-No. 1
white , die. No. 2 red. SIHcj December , MCJ Hay ,
CORN-NO , i mixed ,
OATS-NO. 2 white.
t , iso. , ;
I
OMAHA LIVE STOCK MARKET
Week Winda Up with a Good Run and
Lively Business.
CORNFED STEERS SELL FULLY STEADY
Gcncrnl Trnrtc Ilcvolil of Any 1'roml-
ncnt Pentiiro ( Joeiil Do in and
for HIIKH Dcfciitn a
IH'iir Movement.
SOUTH OMAHA , Nov. 20.-Uccelpt3 for
tlio days Indicated were :
Cattle. HOES. Sheep. Hortcs
November 20 1,200 B.COO iSO
November 19 1'Jl'J 4,041 l.HM 27
November 18 4,490 B,68I 2,537
November 17 3,162 4,622 1,467 20
November 16 4,303 4,285 2,333
November 15 2.li ( ! 2,108 1.S37
November 13 483 5,05 1,225 . . . .
November 12 2,003 4.SSI 1,032 15
November 11 3,016 C.olD 3,761 . . . .
November 10 6,615 6.9U7 l.Wfl i 26
November U 2,762 6,343 1,400
November 8 3.4SO 2,591 719 22
November 6 657 3,309
November 6 2,114 3.703 1,793 68
Receipts for tlio week with comparisons :
Cnttlc. Hogs. Sheep.
Week ending Nov. 20. . 17,727 26,143 9.W3
Week endlliB Nov. 13. . 19,273 30,523 10,029
Week ending NOV. G. . 20,318 18,212 16,002
Week ending Oct. 30. . 31,383 24,811 9.6o3
The olllclal. number of cars of stock
brought In today by each road was.
Cattle Hogs. Sheep.
C. , M. &St. P. ny 3
O. & St. L , . Uy 1
Mo. Paclllc Hy 2 3
Union Pacific system 8 12
C. & N. W. Hy 2
R , G. & M. V. 11. H 1 22
C. , St. P. , M. & O Ry 3 7
H. & M. U. H. n 6 23
c. , n. & Q ny
K. C. & St. Joseph 20 3
c. , n. i. & P. ny. , cast o
c. , n. I. & P. ny. , west. . . . _ 2 _
Total receipts 42 91 1
The disposition of the day's receipts vsns
as lollovvs , each buyer purchasing Uio num
ber of head Indicated :
Buyers. Cattle. Hogs. Sheep.
Omaha Packing company. . . . 979
G H. Hammond company. 57 1,27.1 ,
Swift and Company. . . . . . . . 312 1,213 . . .
Cudahy Packing company i3 1,613 2Gj
n. Ueeker and Degan 26 . . .
J. L. Carey w
L. P. lluzs H : ;
Cudahy P. Co. , Kan. City 621 4ii >
Other buyers u 1
Total 1.103 5,583 2S3
CATTM3 There was a decent run of cattle
for a Saturday , but half of all the cattle here
were consigned direct to packers and were
not ottered for sale at all. Aa a result there
were not cattle enough on sale to make much
of a market. As usual on a Saturday the
trade was without feature of Importance.
The four or live loads of corn fed steers
sold at first at about steady prices. There
\\ns one lot good enough to bilng $4.iO
Cows and heifers sold In about the same
notches as yesterday and the trade was of
llttlo Importance owing to the few cattle
here. . , .
Tuero were no stocUers or teeners 01 nn >
Importance In the yards. The fresh receipts
were ox remoly light and the cattle in the
hands of speculators were pretty well
cleaned up.
The seibon when range cattle may be ex
pected to arrive is at an end and from now
on the market will be dependent upon the
arrivals of nitlvo or corn fed cattle. The
end of the range sea-'on Is reflected In , argoty
reduced receipts , the to ill arrivals last week
having been the smallest for any lAeek since
' With 'so few cattle here during the past
week It was not at all difficult to kec ? the
y.iren cleared ; In fact packers were com
pelled to piece out supplies wl.a shipments
trom other markets.
The tendency on r.an y little eorn cd Ens s
was upward , the maiket on such being
strong all the ucek. At the pame time
coarse and heavy cattle had a downward
tendency , the market on that kln-1 being
weak and slow a good deal of the time.
Butcharb * mock , such as desirable kinds
of cows and heifers , sold high all the i.\cek
ar.d the market for th.e six days was not
mueli altered. The common and medium
kinds were * not always In such active de
mand , but they sold , and at good prices
While the demand for stockers und feeders
large as Is usually the
, \\as not particularly ,
case at this season of the year. It was fully
equal to the supply. The market on choice
llttlo cattle , which were in good demand
all the week , nvtis not much changed.
Heavy cattle were somewhat neglected and
the tendency of values was lower on that
HOGS The" market on hops opened a little
eatlcr this morning , but the demand wtis veiy
fair while there wns no great number on sale.
In consequence , the market stiffened up a lit
tle and closed fully as good us yesterday.
Trie prices paid ranpcd from 13.22'i to $ J.45 ,
with the Krent bulk of the Bales at 5i.3lO3.4U.
the same ns yesterday. There were , liowexcr ,
mo-e enles today at the lower prices , po tli.it thu
a\eroKe price was a fraction of a cent lower
than jcsteiday.
The trade -was fairly active at the prevailing
prices , and an early clearance \\as effected.
Receipts of hogs , us well as of cattle , were
Eomewlmt smaller the past week Hum for the
week previous , but lurpter than two weeks ago.
The market , as a whole , was \ nery fair
shape , tlioiiRhalucs ranged somewhat lower.
The week opened with IIORS BOllInK at the
lowest point touched since the latter pirt or
July. On Tuesday t.he market was a little
higher , and Mione again on Wednesday , the ad
vance for thejtwo da > B amounting to Sc. Thurs
day's market was unchanged , while Tilday's
was a little stronger , and Sututdaj's easier.
Tue week closed with the market strong and B ?
higher than It opened , but lower than the close
of the previous week.
Hop ) sold during the week at lOfiMc higher
than a > car ago , about ICc lower than two
jcnrs ago. lHiJ20e lower than three sears ago
and tl.80Q2.iJ7 lower than four years ago.
SHI3I3I1 There was only one fresh load of
Eheep In the yards.The market did not K'IOW
any material change , values being just about
steady.
ciuc.vno LIVK STOCK MAUKirr.
I'rlcfN HulliiK Lenier All Around Tluin
II W ' 'U AKU.
CHICAGO , Nov. 20. The week closes on a con-
hlderably lower cattle market than a week ftgo.
Prime be-t\es , adapted to the Hrltlsh ClirlstnuB
holiday trade , hiivo cold at high prices , hut
average prices for other kinds of cattle were
about 15o lo\\er than a week ago and canning
grades broke from 20c to 3Cc. The offering ! ) him-
consisted largely of medium lleslicd steers that
sold at from J4.23 to $4,75 , Mich lota having tile
quality , but lucking the Mulsh. Toilaj a maiket ,
ta Is usual on SuturJay , WUH almost entirely
nominal , with prices unchanged from yesterday.
There was an active tiude In hogs at ttcady
and unchanged prices , the bulk of hug celllni ?
at from 13.40 to J3.SO. The commonebt heavy
packers told at from 13.20 to iS.K and the
cholcett Ehlpplng hogs at from J3.10 to JJ3 ,
The ranae of prices IH narrower than a week
nK < > and hogH are selling from Gc to lltc lower
than at that time.
The minll offerings of sheep and lambs vvoro
dlep-'sed of at the recent sharp decline , sheep
being ratable nt from 52. JO to (3 for the poorest
to from (2.40 to { 4.75 for the best , while lambs
were held at from 13.71 to $1 for the poorest to
from fV-j In J5.SO for choice lots. ThU has been
the worst kind of a week for sellers , the clenian. )
having suddenly flattened out.
Ileceliits : Cattle , 00 head ; hogs , 23,000 head ;
sheep , 2,000 head ,
.St. l.OlllH
ST , 1/5UIS , Nov. 20. CATTL.1S Iltcclpts , 2fOO
head , ( if which 1,000 are Texan * ; slilpmbiits , 800
head ; market steady ; fair ta fancy native ship
ping und export steers , JI.25S'5.30 , bulk of Faleu ,
S4.4ST4.7i ! ; die-sped beef and butcher tttteis. .
i4.OIO4.EO ; bulk of rale , 1.2l > 3 < W | steers under
1,000 pounds , ( J.30il4.:5 ; bulk ot ful.K , { 3.6C < ) . ] ;
dockers and feeders , ! 2.'J5&.30 ; bulk of enlcv.
$3.000100 ; rows and helfem , t2.00a4.r0i bulk o (
cows. t2.iCii3.23 ; canning iou . U,23iiT-.4) ; bullH.
i2 0003. CO ; Texas and Indian feteer' , Kri.v.4 , 12',5S
3.75 ; fed , (4.2J ; cows and heifers , 12.103. : : > .
HOGS lleceliitK. 3C(0 heail ; fhlpmentu , 2CO
head ; market eteady to n tlimle easkr ; llglil ,
J3.2Cj3.45 | ; mixed , 3.irl3.40 , heavy , > 3.t,0 l3.M.
BHniJI' HecelptB , 400 head ; t-hlpmentM. t > 00
head ; market dull and slow ; inllvn nmnoni , .
J3.2J4H 35 ; culls and bucks , J'.00a3.35 ; etoclicre ,
$ . ' .0002.75 ; lambs ,
MV rk l.lv Stuck.
NI3W YOHK , Nov. 20 H13iVI : S Ilecelpts C50
head ; cables \inclian el ; exports , l.S'JO bee\c i
3fOJ nunrters cf beef.
CAI.VUfJ Itecelpts , S head ; elrady for \cals ,
dull und lower for grafser * ! veals. $5.0ftS3,75 ;
grass rj , Ji.OOJJS.tO weturnn , l3.0"W4.r,0.
HIIKKl1 AND LAMUS-Hecelpu , 3,260 heoa ;
Khe-ep 'eady ' ; lamba llrm ; heep , $3.0'B4,75 ' ;
lamb * . tJ.ifilC.mi.
1IOOS Uecslpts , 2.WO head ; steady at J3.COIT
3.90.
loulx111) - Mvi > ,
J xNOV. . w.-cArrLn-ne-
ijouisviW'C. x- - - -
celnts. 100 head ; maiket Blow on common und
mediums , but steady on good cuttle.
HOGS-ltt'celptK. 2,000 head ; market Mfudy on
light , but So lower on other kliiis ; all Jljht hoc *
cel'lne ' at (3.45 ; pigs. J3.fi3.45.
AND UAMim-Uncniinged.
Cliirliuuid MviSlncl. . - ,
CINCINNATI , Nov. ZJ.-HOas-Actlve at
' 'iJAHT-I/U-fittady / nt $2.Ktf5.10.
BHKEl * Kaiy at J2.WC4.3J ; Iambi , easy at
J3.W05.40. _
KIUIMIIH City Live Slock arc ,
KANSAS CITY. Nov. W.-OATTI.B-Keo intf ,
200 head ! marktt steady ; Tezaa tew. .6OtiJ 65 ;
cow , { 1.3&3.1CJ tatlve l
* } *
RND UFRCTURERS
AGrUCU LTURfflTjlMPLEltlENTS. CROCKERY AMD GLASSWARE. GROCERIES. LUMBER.
I ininger cOord-Brscly Go. C.H. Bietz ,
u 7mor ( < r mill tTobtff
Meicalf Co. XvliOuuSALjL * AMD
China Glassware 13th nnd Lcnvcmvorth St
Crockery ,
\VHOLHSALE DKAL.ttnS IN , , LUMBER
Silver Plated Ware , Looking Olasscx , Chan- Staple and Fancy Groceries
dellcrs , Lamp ? , Chimneys , Cutlery , Etc.
Agricttltvral Implements. . ST. OITlc * and Ttrflt. . . , llth and California Rts.
1410 FAU.VAM ttA AND CorrtE ROVSUKS , Etc.
and Carriage * . Cor. Cth and PacllVl tit * .
CREAMERY SUPPLIES
Wholesalt Lumber
WHOLGSM.G
Jobbers of Farm Machinery , FINE GROCERIES Ltntf , Etc.
Crcamety Machinery Oth and Douglas Sta.
Wagons anil Biigelm . Cor. 9th and Jones. and Supplies. Teas , Spices , Tobacco and Clear * .
Hollera , Engines , Peed Cookers , Wood Pul OYSTERS.
leys , Shafting , Ueltlns. Butter Pack 1103-1107 Harney Bireet
ART GOODS ages of all kinds.
007-909 Jones St. - - - - - -
Oolo & Go
,
Hospe
COAL. PACKERS.
KING COLE OYSTERS ,
Picture IMI'OIITKHS. CELERY AND POULTRY.
Moldings.
GAS COFFEE UOASTHHS 1015 lion aril SI.
Mirrors , Frames , Backing and Artists' Offlco 1605 Parnam Street. ANU jouni.xa aiiociins.
-Materials. T l pliono 2S2. OILS-PAINTS
SHERIDAN COAL.
BOOKBINDING , ETC C. N. Dleti , President , do-jlil Dlctz. Sec. & Tres. HARNESS-SADDLERY
DRY GOODS. Go ,
§ Oo. MANUFACTURERS
Air Floated Mineral Paint
' '
o. M'f'rf
And Pnlnl of Ml Klnils. Putty , Etc.
J'RINTIXG AX1 > nUOK 7J/.VD2JVO. SAItDLI'S J.V/1 COM.IBS 1015 and 1017 lonei St.
fcle\enth nnd Howard Sis. Importers ainl Jobbers of of I.eatlivr , . .SaefiifrrjIar < lica > , Etc *
Dry Goods , Furnishing Goods Wo solicit your orders 1315 Howard St.
B30TS-SHOES-RUBBERS ,
AND NOTIONS.
HARDWARE.
J. A. SlofTct , 1st Vice Prcs. I < , J. Drake , Don M
DRUGS.
Onsoilne , Turne-ntlne. Axle Greni > e. Etc.
Omnlm JJmncli nnil Agencies. John II. Until Mgr.
M'frs | Jobbers of Fool Wear PAPEK-WOODEN WARE.
WESTUnN AOKNTS FOn
The Joseph Bnnigaii Rubber Co. Wholesale Hardware ,
902-906 Jackson St.
Omaha.
V
J. C. RICHARDSON , Prcst.
C. P. WELLER , V. Prcet. Printing Paper ,
Wrapping Paper , Stationery ,
Rubbers and Mackintoshes. Comer 12th and Howard otrccti.
i Oiniilin , Neb.
Wholesale Hardware.
Sl'f'rs StuH-ljirl J'lnrnizceitttcal 1'raiara-
ttotis. Special FortHttlitc irrjwrml to nicycles and Sjioi tine OooiU. 1210-21-23 Har-
OnJrr hrnil fjr Catalogue. iiey stieet.
Laboratory , lilt Howard St. , Omaha.
Wrapping Paper , Stationery ,
LIQUORS. Woodenware.
Boo'.s , Shoes and Ritbbers E. Bruce & Co. 1107 Harner Street-
' .
I----
- -
3
' SCHOOL SUPPLIES.
Salesrooms H02'llC1100 .
- -1100 Ilarncy Street.
Druggists and Stationers ,
"Queen nco" Specialties ,
WHOLESALE
Clears , Wlnee nnd Drr.ndlcs ,
Corner 10th and Hurney Street ! . LIQUORS.
Proprietors of AMERICAN CICJAn AND GLASS Publishers , Manufacturers and Jobbeia
wAiti : co. The largest Supply House In the West.
ELECTRICAL SUPPLIES.
RUBBER . 214-E1G South 14th St. Corner llth and Harney Streets.
SAS I DOJflS BLINDS.
Owner of Chief Brand Mackintoshes '
ier's
WHOLESALE AND HETA1L
East India Bitters
ELECTRICAL SUPPLIES .Manufacturer. ) of
Boots Shoes Rubbers ttOi Farnain Bt , Oolden Shcnf Pure Hye and Bourbon Whiskey. Sash , Doors , Blinds , Etc ,
.
, , , Willow Springs DUtlllery , Her & Co. , 1112
AT WHOLESALE. Harney Straet- 12th and I/.urcl Sts.
Ofllcc and Salesroom 111S-21-23 Howard St. FRUIT-PRODUCE.
STEAM-WATER SUPPLIES.
WHOLESALE
Commission Merchants. Wholesale
Wholesale Shoe Manufacturers 10M-1016 Dotialrm Street.
S. W. Corner ICth nnd Howard Sts. Liquor Merchants
, Manufacturers and of Steam , Gas and
jobbers
Western Agents Goodyear Glove Rubber * Membeis cf the National League of Commis
sion Merchants of the United States. 1001 Purnain Street-
1111 Harney Street. Water Supplies of All Kinds.
BAGS
n a a
Fruit and Vegetables
Wholesale
" " * * ' Importers nuel Manufacturers iro8-iiio Harney St.
SPECIALTIES Strawberries , Apples , Oranges , Liquors and Steam Pumps , Engines nnd Bollera. Pipe ,
BAGS Lemons , Cranberrits. Potatoes. 1017 Howard St. Cigars , Wind Mills , Steim and Plumblns
1118 li'arnuta Stieet. Material , Ucltinc ; . Hose , Etc.
614-16-18 South nth Street FURNITURE TOYS AND FANJY GOODS.
BAKING POWDER EXTRACTS Co-
WHOLESALE WHOLESALE Toys , Dolls , Albums and
M Furniture Draperies Wines , Liquors and Cigars. FANCY GOODS.
SYRUPS HOUM Kurnlfhlnss , Children's CarrUtei , Eta.
, 413-415 S. 15th Street.
.
1115-1117 Farnam Street. Ul Karnam Street
Mclaexes , Sorghum , etc. , Preeerves and Jellies.
YEhST-BAKING POWDER.
MBO tin rnns and Jcpanned ware. TYPE FOUNDRIES. LUMBER
CHICORY Western
Manufacturers' celebrated "On Time Yeast"
and German Halting Powder. Sallsfuctlou
Superior Copper Mixed Type It the belt on WHOLESALE guaranteed.
the mrrket. DUMBER 4301 to 4321 North
.
Qrowers and manufacturer ) of all fomn of J2L13CTROTYPC FOUNDRY. . .
Chicory Onnilm-Kremont-O'NeM ! . 1114 Howard Street. 814 South 14th St. Twenty-eight Street.
native cows and heifers , JJl.Hf3 ) 90 ; etockcrs and
feciici-fl. 3.0J0l 2S ; UillB , J3.2I { | > 3 40.
1IOQS llecelpts , 80JO head ; market Btcady to
Bhadn lOHur , bulk | of ki\\as. \ \ J3.40itl3.-13 : heavies ,
J3SJS345 , iiackers , $3. ! { (3 ( 40 ; mixed , 3 355J3 45 ,
IlKhlB , J3.2i 3,45 ; joikeita 3.40 < j343j | jilKB , iSW ?
SHCni' HerelptB , S.flji' ' } . hcnil : market Btcndy ;
lanibu , Jt.WHSIJ ; HHiUill3 , J2oiff4 73.
ICitHt lluilulivl.lvt' Silicic ,
EAST HIJFFAUO , N Y , , Nov , 21.-CAT-
TLIJ-Recelpts of > alei cattle only a few
odd head. Nothing'.dolng ' ,
HOGS Hecelptsi/vU oars ; stronger ; York
ers , good to choice' 'SI.GJf/3.C7 ( / ; rough com
mon to good , W.G3ftX.07 rough , J3Q3.15 ; pigs ,
common to chole'itVJ3rOi3.70 |
SHKKP AND IJAMnS rtprelpts 35 curs ;
slow for nil klnd ; ' 'lnrVilis. ' choice to oxtr/i ,
J."i.C"r(5,75 ( ; culls , to common , ) | .G5f5.25.
Sheep , cholco to'sclected wethers , M.75i5 ;
culls to eominonj # < & 3.75 ,
NIocU In
Record of recellift * ! * live block at the foui
principal marketB fMr" November 20 :
Cattle. Iloiri. Rhe'ep.
Omaha , . . . „ . , . 1,230 & .COO SW
CIOOBO . . . . . . . t . 3W 23.0W 2.MO
Kanlas City . JJ. . 200 MOO 3WO
Bt. Louis . . > 2,000 3,600 400
40,200 5,685
Luiidiiii Wool .SIorU'H.
LONDON , Nov. 21 , The list of wool ar
rivals closed Friday , The arrivals In de
tail are aa follows : New South Wales ,
40CS1 bales ; Queensland , 38.41C bales ; Vlc-
tlflu 24.1S4 bales ; South Australia , 1C.71S
bales : West Australia , 124 boles ; Tatinaiilii ,
172 bales ; New SCealand , ! i. > ,2S9 bales and
Capo ot Good Uopo and Natal. IG.&i'i bales ,
making a total of { 145,812 bales. Deducting
from this amount 21,000 bales sent direct
and cddlng 13,000 bales of old stock , makes
the amount of wool available for thg
aeries , which will open November 25 , 138.000
bales , The series la scheduled to close De
cember 8. , , , . . .
The average dally offering are placed at
11,600 bales. Tlio offerings next week ag-
Krcgutti 33,000 Imlcs. Including New South
Wales and Queensland , 17,320 bales ; Vic
toria , 7.100 bales ; South Australia , E.liO
bales ; Tasmania , 150 bales ; New Zealand ,
0,000 bales ; Cape of Good llopo nnd Natal ,
7CO balfH ; Sirinlsh , ISO b.iles ; I'unta Arenas ,
CM bales and Falkland Islands , CiX > bales.
The Imports for the week aggregated
79/J27 bales. Including New South Wales ,
27,420 bales ; Melbourne , 11,413 bales ; Queens
land , C , ! > 49 bales ; South Australia , 11,173
bales ; New Zealand , 3,202 bales ; Oapu of
Qood Hope and Natal , 3,280 bales ; Mnr-
KOlllcH , 520 bales ; Russia , C2S bales ; Hus-
sorah , 54 ! ) bales ; Tangarog , 1,380 bales ;
China , 124 bales and sundries , 221 bales.
A Halo of sheep skins will bo held Decem
ber 2.
3Iniii < lit'Nt > r 'IVwtllr Kiibrlos.
MANCHESTER. Nov , 21. The market for
both yarns and goods wna more actlvu last
week. Viirns were steady , though users
are lens eager buyers , because thu danger
of a strike la considered removcel. Cloths
hold fairly for China , but India was rather
lobs anxious , Huslness was Irregular , some
elepartmcnts being Inactive and others very
well engaged , Print cloths have been doing
much better , Eastern offers are low and
the llmlla large , but they have been rarely
accepted of late , Generally , however , the
situation Is more cheerful. According to
advices from Rouen there have been largo
sales of yaniH there at low prices , \\hllo
the German spinners muko u similar re
port.
KniiNiiH City firnlu anil I'rorlnloiiM.
KANHAH CITY. Nov. 20 % VIU3AT--Market '
. . . . .
No. 2 uprlnir , Oc ; No , S. 77Hli'fic.
CKJHN Murkrt etwidyj No 2 mixed , J3V"lc.
OATS Market active and unchanged ; No.
white.210Z1HC. . *
HYl-3 LlurUet firm ; No. 2. 414c.
IIUTTKH Market weak ; creamery , JSBIOc ;
KOOS Market active ; fresh candled , lC',4c ' ;
' 'ucOBH'TB-Wbeat. ' 75 , > 0 bu , ; corn , 48,100 ,
' ' ' '
's'i'urMKNTa-Wliest. 19.COO bu.j corn , 13,000
tu.j oat , none.
_ _ _ _ _
Ilnltlmurellurketn. .
1JALTIUOUC , Nov , M.-rLOUH-Uull and ua-
chanRed : receipts , 31771 bbla ; txporta , C57 bblH.
WHI3AT Dull and enty ; cpot and month.
OdiSliOUci Uecemlier. 700TVC. hleamer , No , 2
led. PWj91c , recelrtH , 41 W2 tiu ; exports ,
111 ! i"0 1m t millivrn wheat 1) > Buniplc , M'.ii/HI'.ic ,
t'OHN wcnkj tpot , month and Ijeccniber ,
32SiJ2\c , November uiul , December , new or old ,
3.Mi32 ! iP ; Mearmr mixed , ? OHG3UiO ; reccliitu ,
01,732 bu ; exportH , CS.C21 bu. ; Fouthern white
cum , 3Haji c , southern yellow , ClffiSc.
OATS Kltm : No , 2 white , 2S'.iJiOo ; No. 2
nilxe-d , 25H4j2to ; recvlptB , IS 308 bu ; exports ,
nuie ,
HYI3 nasler ; No. 2 writrrn , 639t034c ; receipts ,
15,071 IU. ( cxporta , 31 2SO bu ,
HAY Meaiiy. chaleo tlmot ly , I3.00 neked.
CHAIN KHL'IQHTS-Very llrm ; rates for
steamers , higher ; steam to Liverpool per bushel ,
4d , November ; coik for cider * per uuurter , 4 ,
December : Januaiy , 3s ; ' , ida38 SJ
HUTTI3H Steady , fancy creainery , 23o ; etore
packed. llfJIJc ,
KOaS-rirm ; fresh , 21c ,
CHI3K813 Bieiuly mid unclmnecd ; fancy New
York , CO lb . .
Clncloiinll MiirU < - ( ,
CINCINNATI , Nov. tO. I'LOUI ! Koiur.
\VIinAT-Ste-ady ; No , 2 red , Sic.
COIIN Firm ! No. 2 mixed , ! ! 7U'u2 c.
OATS Hteady ; No 2 mixed , 2)c ) ,
HYi-iaty : No , 2 , 4G' ' , c ,
I'ltOVISIONB Mnl , eaey ut 14 10. Hulk meat ,
quiet at tl (5. lUcan , tteady at 15. S3.
WHIHKY Quiet at 11.19 ,
IIUTT13U Quiet ,
KOOB-Hteady ut It'ic.
CIH3KRI3-Btcady ut lie.
Sulfur Mnrlifln. i
NB\V YOIHC Noy , -HUOAIl-Haw , nnn ;
fair rfdnliii. , 3 6-lCc ; cenlrlfUKul , M test , STic ; I
refined , nrm ; BlandHnl A. 41ic : cut loaf , tc ;
confectlineru' , O'/.c ; Rnmulated , ( c ,
1/5NDON , Nov. 20-HI'OAll-Ueet suear , Ne > -
> ember ,
NBW OHL13ANK Nov , 20 SUOAR-Open ket-
tie. tendy , 2Hfo2Tio ; rentrlfUKal , very Blronic ;
Kranulatf < l. 4 1-1MM 7-16c : whiten. .1 IMCRI 3-lCc ;
> i > llowv , 3H4j3T/ie ; wccndv. 2HiSUc. Molasses ,
open kettle , t < ly , IC iSlc ; ctnlrKufal , e-asy ,
4tfl2o ; yrup , Bteady ,
California Irlil Krullw.
YOP.1C , Nov. M.-CAUKOHNIA DRIED
FItlllTS Quiet and tteady ; evaporated ppl , '
common , ( O7u p r pound ; prime wlr trojr , TiiSj
C. C. CIIIIIBT1I3. 13 , J.
1'resldent , Vlce-1'rceldcnU
0 .W KI5NNEY ,
Hecretory.
Chfislie-Slreet Commission Co
Cnplliil lf.-0l ( ( ) ( > .0 ( > , Fully I'nid.
STOCKS , CHAI.V AM ) IMtO VIKIO.NS ,
ri pit innnum. . .
. , , ( dunlin , .Veil.
J SE BOYD & GO , ,
Tclcplionc 103 ! ) . Oinaliu , Nub
COMMISSfON ,
GRAIN , I'UOVISIONS imilSTOCKS
KUAItU Ol > TADK. [ (
Dlrert virtu to Clilcngo mid New York ,
Corrcepondents ; John A , Wurrui & Co.
OLD COI , O.VV III'ILII.V ' ( ; , CIIIOAiO ,
Membeirs Chlrago Hourd of Trade since ltC2.
Grain , Provisions anJ N. Y. Stocks ,
Orders Cash nnd Future Delivery Kollcltrel
Oliillllll Olllff , Itoilin I , \ . V , Lf | < ) lllilK.
. . . .M'liuiif DIM. . , ,
FLOYD J , OAMl'llllLL , JliinuureT.
wood i/rled. / to ; choice , tV4o ; 'uncy , UUt" >
1'runcB , 3Vl&i > ' , ; c per pound , an to size and < | uui
Uy , Apricots , rt'ul. 7i8Hc t'euthe-ii , unpiel'U ,
VUHKi pteled , moo per pounJ.
Sun l-'riiiii'lKeiii Wlieut JliirUi-t.
SAN KHANClXro , Nov. 20. WIIKAT Quiet
and llrm ; December , J1.33I4 ; May , J1,2S ,
liAHLiY-JJulj | | ) ctrobtr. 7iic'
I'viirlit tirnlii 3Iurkvt.
pnOIUA , Nov. JO.-CORN-Market quiet ; No.
'oxa Market lower ! No. -white ,
WJIlflK.X-