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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Jan. 10, 1898)
STOCK MEET UNSETTLED Usnal Buojancy Accompanying tha New Year is Absent ! LARGELY DUE TO HEAVY DECEMBER BUYING Holder * Arc AVnUliiK for ( lie Anllcl- imlcil January Illuc , Which In SlimIn Making 1U k 1 Aiiyciiranco. , . , . NB\V YORK , Jan , O.-Hcnry .Clows , head ot the banking house of Henry Clews & Co , , write * of the situation InValt street : Ordinarily the opening of the year Is at tended with buoyancy In thu stock market , owing to the reinvestment of Interest nnd dividends then distributed or to their em ployment In speculative purchases , Tnls yt.ir the amount of those disbursements In January Is estimated to be. $7 ,200,000 , which Is the highest sum ever reached , excerpt In 153 , when the total was Jl.OuO.OOO hjghcr. Yet the usual rli o In prices has not been prompt In appearing ; nnd , during the llrst nnlf of tl'o ' week , the market was dull and prices somewhat unsettled. This lack of re sponse to the general expectation ncems to Imvo arisen from the fuel that the buying during the last half of December was largely in anticipation of thp expected January rise nnd that consequently thor < nan been some timid felling because thin buying uas de layed. Another explanation may be found In the fact that the Investment demand has so far run almost entirely upon bonds , with a coiipc/iucnt largo advance In their market value. It Is to bo kept In mind , however , that the effect of these disbursements has not yet been fully felt ; na the payments nro usually distributed over the whole month and the rif-c ; In the prices ot bonds Is likely , judging from common experience , to pro mote n subsequent advance In stocks In or der to equalize values between the t'.vo. The condition of the bank reserves has nlso had some Inlltience In producing the temporarily depressed tone of the Block market. Thu HUrplus on Friday last was only $1 : , SOO,000 , Which Is the lowest figure since 1SU3 , the iium for the llrst week of 1S97 having been 3,209.01 , * } , ofJSM S11UW.OOO , of IWKi J.lj , 1)00,000. of 1MII } S3Oj,000 ahd of 1VU3 WOU.OW This comparatively low condition of the reserves , for this season ot the year , la largely due. to the settlements * connected wlUi the t'nloii Pacific debt and may bo ex- pcctc'l to gradually disappear within a com- liarvlvoly short period. The last payment of the committee on thcso so.ttlpnienta , amounting In lound llgures to $ ' ,000,1X10 , was irado on Tuesday last , nnd the amount of Kovprmi ) ' nt money huld by the New York banks on tbl.s account In estimated to bo Jrom Jio.oTo.ax ) to $ isM.ooo ) , wnich Involves a reduction lu the surplus reserves to the < xtciit of 2."i per cent of that Item. There arc olmi sonm other Important unusual elc- mpniH In thn banking situation svhlch tend to F'lflVn thu money market. It Is estimated thnt the amount of foreign exchange held liark for temporary Investment now reaches about Mo.roo.ooo. The amount of foreign bal- iim-rs duo New York on open accounts , but allowed to ri-st In London and Uerlln , Is ? up. po. ed by those best situated to know.to be i ot lcs < than JIO.000,000 ; and besides tills the Imnki'M arid banks of this i-lty uro under advances to Europe , against bond collater als , to n sum probably not los I ban -$10.000- WO. Putting together these three Items , they show that Ni > w York Is now virtually lend ing some $ 10,000 000 to the European money cc-ntcTs , nhlch. but for these deferments of fieUlpmcnts , would have brought us an equal amount of gold. Ho long as these accounts remain outstanding it Is not to bo expected that we * lmll coon witness any notable ease In the local money market. The position ot the loan market Is , however , a strong and healthy one ; ftr these advances to foreign countries roprcicnt a resource which can bo transferred for home use at the con venience of our local demand. For the tlmo being , however , this situation has a ten dency to bold In check any large operations In Kpccul.illve. undertakings. Nevertheless , during the last two days of the week , ( hero was a distinct Improvement In speculative trans-actions. Some of the. lately absent larger operators became active buyers nnd the increased orders to the com mission houses showed that outsiders were beginning to employ their interest und divi dend receipts In purchases for higher prices. How far these operations may run It re mains to be Keen. It Is certain , however , that thu general situation Is virtually in every way favorable to a higher range of values for stocks. Tnu railroads keep up their late cxtraor- ' dlnary rate * of incrcast In business. The gross earnings of eighty-four roads for the second week of December sho-.v an average gain over last year of 12 per cent. Estimates of the movement of Hie wheat crop Indicate an unusually large stock In the hands of farmer * on the 1st of January which re mains ns a future contribution to the busi ness of the roads. There Is every proba bility that , when the spring trade sets In. there will bo an unprecedented amount of ir.crclinndlso freight going to the interior , which Is the most profitable kind of tnilllc. It se-oms reasonable to assXimo that the great increase of earnings during the last six months will bo continued through 1MS ) In business circles generally the feeling IB much more confident than it has been at any tlmo since the recovery of last year ret In. Wo have had several months' experience of this recuperation and arc therefore In a fair position to Judge of Its quality and fur ther development : and the opinion seems to bo uniform that It rests upon a sound and permanent basis and may be expected to ex pand Into an era of great national prosper ity. In mercantile circles the feeling Is con servative but full of confidence. Credit is In a wholcsoinn condition , ns Is evident from the remarkable fact that the test af forded by thu settlements made at the close of the year has not developed ono failure at this center of Importance enough to attract attention , a circumstance which is almost without precedent. Thc.su and other Important factors which might bo cited nro plainly In favor of the Investment markets. On the other hand. It 1s scarcely possible to specify nny notewor thy facts or Influences of an opposite , ten dency. The "bear" operators liavo about exhausted their stock of pretenses for sell ing nnd nro Ilkoly to co-operato In estab lishing1 n higher scale of price * u > pen which they may play their game with greater safety. The arrival In London of a prom inent New York financier ivnoso potency in the securities market Is very great la a warn ing to tnem to keep their "snort" commit ments on a strictly conservative scale as any day announcements may arrive which would give a new stimulus to the market. Striking a balance between the two sides pf the market , I cannot but regard the pre ponderance as largely lu favor of the "bull" Interest. Thnt may not mean any Imme diate extraordinary activity or great early advance. In prices , but , In my view , It may bo uafely regarded as foreshadowing a steady upward tendency of price * from this time forward for thn next few months , which Is ns far ahead ua It Is needful to look. coximno.v oi ' cvn\v youic HANKS. SlattMiifiilH I'll I n t ' .More Cerlnliily to mi KitHlfr Moiu-y .MnrUi't , NB\V YORK , Jan. 9. Thu Financier says ; The conditions outlined In the analysis of the New York bank statement for December 31 , Indicating nn easier money market , are reflected In a still moro noteworthy degree lu the exhibit of clearing house Institutions for the week ending January 8. The banks liavo gained heavily In cash and deposits and the surplus reserve Is $0,475,825 larger than suvon days ago. Tho. statement In cludes the dividend period covering the first of the year. Whnt-thls means is shown in 1ho laot that the clearings for the week In New York exceed $1,000,000,000. The expan sion of J10.D2S.300 In deposits and the gain of $9,107MM-ln reserves represent the pay ments of Interest which have been imielo Part of thu Increase , however , can be at tributed to the interior movement which Is brliiBliiff $2,000.000 Into Now York every week This money was llrst attracted by the tem porary high rates prevailing , but Its return from this tlmo will bo a purely normal operation. The reserves of the New York banks for years past have been swelled from January well Into the spring season by remittance ! ) , the expansion being regu lated by current business condltlona. There Is no nvison for believing that the move- jnonb will bo lets than In former yearn nnd the only Inference Is that money will bo oasler. As the trade , balance ) In favor of tho' United States Hcoms to bo. growing , It would not lo strange If the Investment ! * In Hte-rling exchange , now approximating $20- 000,000 , were ) Increancd. This , however , Is de pendent poely ! on the course of money rates abroad. The , Hank of England's reserve U lower than for years , but ns a heavy Increase - crease Is usually made after the beginning of thu year. It looks ns though money In Kuropo Is following thu same cour < u as In tliu United States. In that case thn surplus funds of this country will have to seek do- meatlo channels for employment. It need not be repeated that' It will nocoHBltntu a most favorable buslncsd outlook to absorb the full total of the , monuy now available. The fact that the treasury Is getting on u ttnlf-sustnlnlng basis tnuy relieve thu situa tion Koiimwlmt by stopping thu steady Htroam that Ima be-eri pouring Into the mar ket because of continued deficiencies. An- uthor factor Is the gradual withdrawal of Koverninrnt deposits now In Now York banks. Tha dnmaiul for loans Is increasing lso uud will operateto steady rates , Textile Falirlcn. JIANCHESTEU. Jan. 9.-A Kood business ta progressing throughout the country , fulJy tfiual1 ng productions. Many mnnu- fartnrLrs , especially In Indian goods , nre fully engaged on long tlmo contract * nnd further or JcM nro dlfllcult to arrange , owing to the long delivery ftsked. China mnkcs nlso nre wc'l sold. The demand Is continu ing for Kgypt and Turkey Is.buvlng fairly , Bouth America Is doing little. The horrto Irado feels the strlk more keenly each week. Prices arc firm everywhere , but there Is no material advance , as yet. Yarns nro ( Irni and welt sold , but there la little stock , English exports 'of cotton goods to the United States last year were 0B12,000 ! pounds ns ngalnsl K2Wf \ \ ) pounds In ISM. Heports from the French markets Fhow n. big busi ness for several weeks past and Germany Is heavily sold. Last year ninety-one mills nt Oldham , Lancashire , averaged In nut profits 153,000 belter than during nny year since 1S32 , The capital engaged was 6,100- CCO. _ CHICAGO dllAt.V AXI > 1'IIOVISIOXS. l < "cn < nrc of Ilic Trnillnpc mill Cloxlncr I'rlui'n on Snliinliiy. CHICAGO , Jan. S. Wheat averaged easier today over a moderate range. Trad. Ing , though not especially heavy , was of n nervous character and caused many quick changes. Jlay closed at > 4o decline. Firm cash markets and a good export demand saved the market from a mare severe break. Corn lost Uc. Data closed un changed , nnd provisions 2H < i4o ! higher. The action of wheat during most of the early morning was In line with the early news. The ruin nnd cold wave predicted by the weather bureau failed to materialize , which rather weakened these who yester day had become Inoculated with the virus of fear for next season's crop. Liverpool showed % tl advance , which was hardly up to expectations , and early Argentine news was < iulto bearish as regards the shipping aurplus of that country , a nosarlo cable estimating It .it 48,000,000 bu. According to liradstreut's report of the week's exports of wheat nnd llour from both coasts of the United States und Canada they wcro 3-ISl- 576 bu. . against r.SI5,000 bu. the previous week. Thn net result of these several pieces ot Information was the creation of n HOincwhat nervous feeling nt the opening of business , May wheat started at from 01t ! to 91 VJc , ngnlnst 91T c at the close yes terday , nnd In about half an hour It had got down to 9U4091UC. The Uuluth market oiimo ugnln to the support of the bulls by advancing cash wheat there from 91c to 92Uo In a few minutes. It was thought hero that the advance could have been nnd probably was manipulated from Chicago. It had a bullish cltcct , notwithstanding. Paris nnd Antwerp each quoted n moderate ndvnnco for the day , nnd that was an ad ditional bulllHh factor that helped the market to recover from 91Vdfl'9Hio to W&c. The receipts nt Minneapolis and Dultith wore 357 cars , against 174 cars the similar day of last year. Chicago receipts were IS cars , 11 of them contract. There were transferred from unlicensed to licensed houaus 22wO ( bu. of No. 1 northern spring , nine cars of No. " spring and ono car ot no grade. The Atlantic port clearances of wheat and llour exclusive of Newport News were iqual to CSO.OOO bu. Primary market receipts were HG9.0CO bu. , against a2flCOO bu. the year before. Othi'f advices from Ar gentine put the nvallntilo export surplus nt 1.000,000 tons , or about 37,000,000 bu. , In timating nt the same time that holders were anxious sellers to Europe at lower than American prices. Boorbohm estimated the week's clearances from nil ports 'to ' Europe this week nt C.IOO.COO bu. llaltlmore re ported a large quantity of wheat sold for export after close of 'change yesterday and foreign bids today at Ic over yesterday's bid prices. The latter Information , to- pether with the higher quotations from the continent nnd heavy Atlantic exports , caused a further brief rally to 91c , but It quickly slid off. ngaln to 91'ic , nnd was at that point ten' ' minutes from the close. In that ten minutes , however , the market turned strong again and at the close May was offered at 91c. Business In the corn pit as dull and prices moved reluctantly nnd within a small range. The close showed a dcclino of He. The feature was the absence ot country selling , the country on the contrary doing a little buying1. There was a little selling pressure toward the end , sulllclent to cntiso the slight decline which marked the close. Jlay ranged from 29540 to " 9V4c , and closed nt Z9V'iQ2aic. Oats was dull and without especial fea ture. Market was easy at the opening , due to sympathy with wheat. The sllpht de cline was recovered later under fairly good general buying , the close showing no change change from yesterday. Cash mar ket was llrm at u slight advance. May ranccil from 23T&Q2IC & to 23'i1Q239ic ' ; , closing at 23c. Provisions -were strong nt the start nnd at no tltne during the session did the mar ket show any signs of weakness. A small run of hogs started prices higher. Com mission houses bought liberally , apparently for the same Interest , ribs being In espe cial demand. At the close May pork was 74c ! higher at J.424 ! ) } ; May lard , 2&c higher at $4.90 , and May ribs , 5c higher at $1.75. Estimated receipts for Monday : Wheat , 60 cars ; corn , 550 cars ; oats , 330 cars ; boss , 40.000 head. Leading futures ranged ns follows. Articles. . ! Opon. I High. I Low. I Close. | Yest'y. Wheat- Jan. . . . 01W H3H DI t)2X ) 02 May. . . 01K&M OUi U1H im July. . . SUM Slit Corn- Jan. . . . 20 > { 2CM May. . . ' ' § 3m } July. . . 'soil 30) ) < a-H Oats - May. . . 23M-24 21M July. . . fork Jan. . . . 0 26 0 27 0 2C 0 27 ! < 25 May. . . o 36 0I7H U35 SO Lard- Jan . . . 4 77W 4 Pn 4 771 , 4 80 477 ! < Mny. . . 4 87 H 4 'J- 4 87li 4 l > 0 Eh'lKibi Jan. . . . 4 00 > nn 4 no 4 HO 65 Mny. . . 4 72 > < . 77K 4 7ii ! < 4 75 70 No. 3. Caah quotations were as follows : FLOUR Quiet ; winter patents. JI.70ff4.Rfi ; ttralRhlH. Il.oif4.40 : spring specials , t.25iiG.35 ; spilnu patentB. 4.40ffl.73 ; etralghts , J4.U004.30i bal < enl. J3.60W3.fO. WIIKAT No. 2 Fprlnp. 67ffS8c ; No. 3 eprlns , 2 aiiic ; No. 2 red. U2 ic. COHN No. ! , 2CHff7c ! ! ; No. 2 yellow , 264Q127c. OATS-No. 2 , 22T ei No. 2 while , f. o. b. , 24V4c ; No. a white , f. o. b. , 24ff2lVSe. , HYK Nn. S. 45c. I1AULKY 1' . o. b. , IS4O40c. ! FLAXSKBD No. 1. tl.18ffl.22. ' TIMOTHY BB13U I'rlme , 12.73. I I'UOVIHIONS 1'orlf , mess , per bbl. , $9.2509.20. I > ard per ICO ll > 3. , $4,77HWI.SO. llncon , Bhort ribs sides ( loose ) . $4.WiJI.73 : 15ry salted shoul ders ( boxed ) , $4.7585.00 : short clear sides ( baxed ) , t4.tCW4.00. * WHISKY Distillers' finished goo-ls , per gal. , SUOAnS-Cut loaf , 10.14 ; uranulated , J3.G1. On the I'roJitcc exchanee today tha butter mar tlet was steady ; creimerlea , Ufl21c ; dairies , 12 OlSe. Checre. quiet at titb'.ic. ' KKKS , steady ; reth , 22 ? . Drrtteil poultry , ( Inn ; turkeys , 10'j ' chickens , iHSSe ; ducks , JjjSc. Loiiilou AIoiii > LONDON , Jnn. 9. The ease of the money market was accentuated during the last week , Money' and discount rates have fallen and it is expected that terms for deposits will bo lower shortly. One cause for the rc- lapse has been the disappearance of the continental gold demand , which has re sulted In a fall In the prlco for bars. On the Stock exchange business Increased sub- -stantlally. Consols wt-re dull and lower be- cauno of the belief that Ungland > , vll ! pro vide for the direct loan to China by the sale of consoln Colomols are also heavy on , the appearance of the Now South Wales and West Australia 3 per cent loans. In homo railways there was a sharp rise on Iho be lief that the engineers' strike , Is ended , American railroad securities , after drop ping at the beginning of the week took n sudden bound upward on Wednesday , chlelly on New York buying , the Kngllsh de mand being very moderate ; I-nke Shore & Michigan Southern pharos Increased 5'i points , New York General 4 points. Union 1'aclllo 2 , Illinois General 2. La'o Shore & Michigan Southern , ex-dlvldend. U. , Erie general mortgage 1 , Northern I'aclllo pre ferred 1 nnd Heading firsts 1 point. The re sult of the American lines showed minor in crease. There was big buying of Canadian railway shares. The rlso In Grand Trunks ranged from U4 to C i 'points ' and Canadian 1'aclllcs 'wenCnp 3i points. Argentine and Mo-xiciin railway securities were also In good demand. _ Liverpool MarUet. LlViUPOOL. Jan , S.-WHKAT-Spot. No. 1 ro.1. northern nirlnir. dull , 7 8d. CO US Spot Amvilcan mixed , llrm , 3s Cdi fu- tmva qulvt ; 1'i'lirunry. 3s 1 > ; J ; March , 3s li > l. I'1/lt'Il 8t. Ixiils fancy winter , dull. St 'Jd. HOI'rf At Ix > mon ( I'aclllo ccarl ) 4 ) S 'iff5 Ga. 1'UOVISIONS Deef , linn ; extra India mesa. CGa 3V ; prlina nics , Wa 3d. 1'ork. nrm ; | > rlmo inetr , flne wcsltrn. 47 Cd. Hams , ehort cut. 14 to 1 ( HID. , llrm. Sic. Huron , easy. : $ a. Bhort ribs , dull , 30 < ; lone clear middle * . Unlit steady , 27a 6.1 ; IOIIK clear heavy , 270 ; short clear backs , 27 C.I ; clear bvllleii , tuny 33 * M. LarJ. prlmo western , vtrudy , U' Cd , tihoulders , failure , steady , is . Tallow , prime city , llrm , It * . CHRKHR Amtrlcan Ilnfut white nnd colored , nrm , 13j ) Cd , Toloilo 'Market. TOLEDO , Jan. g.-WHUAT-Uull and steady ; Nu. : rash , 91 Vic ; May. 'J3c. COUN-Dull and hUher ; No. 2 mixed' . 2 e. OATri-Uull und vteudyt No. 2 mixed. K4c. hliiher ; No. 2 tatli , 4CHc. ulme ca h uud June , OMAHA LIVE STOCK MARKET Week Ends with Few Oattlo and Many Hogs on Ealo , CATTLE TRADE CONTINUES QUIET Light Itccrlpt * TnUon nt Stonily Price * , -tilth i\o liitllciitlon ( if An > ; Slrcusrlli IloKn ( > u Five l . Cent * SOUTH OMAHA , Jan. S.-llccclpts for the days Indicated were : Collie. HOBS , Sheen Horses. January 8. . 075 6,487 2,312 January J 1,133 6,279 WTJ 20 January 6 l,25i 10,852 2,429 January 6 1,020 10,613 2,223 January 4 1,410 6,811 3.173 January 3 1.6SI 2,476 5,177 January 1 C97 2,233 2,129 23 Uecenvber 31 , . . . f,23 6,918 l.OIG December 30. . OT2 7,071 1,681 . . . . December is. , , 053 B.GOS 3,951 . . . . December 2S. . . , 1,570 6,813 2.C41 . . . . December 27. . " , 1,510 2.SS9 S64 . . . . December 24. . , 812 6,040 1,019 December 23. . 751 10,312 1.253 . . . . December 2 ? . . 1,019 11,325 1,150 3 December 21 , . 1,119 9,778 1,561 . . . . December SO , . 871 4,235 1,113 81 Receipts for the week with comparisons : Cattle. Hess , Sheep. Week ondlnjf Jan. 8. . . . 7,783 43,648 16,3y2 Week ending Jan. 1. 0,103 2SyC2 11,255 Week ending Dec. 25 , 4,602 40,690 0,106 Week ending Dec. 18. 13.277 32,223 11,279 Week ending Dec. 11. 13,361 40,402 11,168 The olllclal number of cars of stock brought In today by each road was : Cuttle. Hogs. Sheep. H'r's. C. , M. , t St. P O. & St. I. , 1 Missouri Paclllc . . Union Pacific System 7 15 8 C. & N. W 1 31 C. , St. I M. & 0 . . B. & M. ll 0 33 2 C. , U. & Q S K. C. & St. J 2 C. , 1J. I. & P. , east 0 Total receipts 23 103 10 The disposition of the day's receipts was as follows , each buyer purchasing the num ber of head Indicated : Buyers. Cattle. HOBS. Sheep. Omaha Packing Co 1,200 O. H. Hammond Co 4G 1,030 Swift and Company 110 1,613 4CO Cmlahy Packing Co 231 1,076 413 Lobman & Rothschilds . . 181 W. I. Stephens 8 Swift , from country - 950 Cudahy. from K. C 333 C. P. & P. Co. , Neb. City C97 Other buyers 91 . . . . 400 Total 6S3 C.4S3 2,311 CATTLE Only twenty loads of cattle of all kinds wcro reported In the yards and the market was quiet , even for n Saturday. The offerings , however , were all taken and nt prices that were * about-tho Eatnn ns pre vailed on yesterday's market. There were no cholco cattle ot nny kind In the yards and nothing to put a top on the market , so that the sales were without noteworthy feature. In some respects the cattle market of the past week has been more favorable to the selling interests and there Is a growing feeling among many that the worst of the depression so manifest Just previous to and during the holidays Is over with. At the same time the demand for the product la still rather limited and until the country calls more loudly for beef It will not take many cattle to keep the markets fully sup plied. During the past week there have t > ccn some Indications of a better demand and upon that fact are based the hopes for the future. At this point the supply of cattle has been very light for some time past , hardly enough cattle being here on sonic days to make a martlet , and supplies have by no means been largo at other market points. The moderate receipts have given values a stronger tendency. The absence from the market of good cattle Is quite a. noticeable feature of the present situation. Some assert that there arc very few good cattle In the country and claim that for some reason , the cattle lave not laid on fat as readily as usual. 13o that as It may. It is a fact that no prime cattle are coming forward at this joint and other markets are receiving very : cw. Shippers are. still being cautioned to avoid rushing the cattle In too rapidly if they do not > wlsh to demoralize the market. A feature of the cattle trade Is the flrm- ncss of the market for stackers In spite of the dullness of fat cattle. While the der mand for stackers and feeders Is not very largo , It Is strong , and during th ? past week well bred 350 to 500-pound steers sold as hlfh as J4.WS4.75. HOGH A Rood local demand backed by favor able ailvlces from other market points Rave sell ers the advantage , In spite of the fact Of Its being n Saturday , and In spite of the liberal re ceipts. BO that the day's market was ftronp to $ : hlKlier. The movement was active and every thing In the yards was cold and weighed up In good season. Heavy hogs sold at J3.40ff3.-t5 , ns against $3.35 OJ.40 yesterday. The most of the rales today wcro at JJ.40. while I3.371was ! a popular prlco yesterday. Light hogs sold as high as $3.S3 , or Co higher than the best price paid yesterday. The hog market of the past week , BO far as receipts and demand were concerned , was In very good shape. Buyer ? seemed to feel that the hogs wcro worth the money , and they bought na 1C desirous of obtaining as many as postlule. AM a result , the trade was active on most days , all arrivals meeting with quite ready pale. Values , however , had n lower tendency , Monday being the high day of the week. There was a drop on Tuerday and' ' Wednesday , followed by a reaction during the last two days of the week. At the close the market was only 5c lower than at the opening of the week , anff a cent higher than the dote of the previous week , The outlook for hogs teems to be rather en couraging and a continuance of the present brisk demand would have a strong tendency to force values up a little. In fact , the present month opened with values J5o higher than they were at the opening of December , and EOc higher than the first of November. SHBI31 * The sheep market was fully steady and at the fame time active. The offerings changed hands early , the trade soon coming to an end for the want of supplies. The cheep market was good all the past week and the arrivals , though laice , met with ready BRlc. There appears to be n scarcity of sheep In the east , and the demand for supplies seems to be Increasing. For that reason the prospect lu quite bright for western sheep feeders. CHICAGO LIVl3STOCK MAUICET. Advance in 1'rlou KolliMVM Strong De- iiiiiinl for HOKN. CHICAGO , Jan. 8. There was the usual Patur- day lack of offerings of cattle , receipts being less than KK ) head. Bales In all cases were nt yes terday's ruling prices , but quotations were mostly nominal. Larger receipts are ixpAted from , now on. but no one looks for any big supplies op strictly cholco cattle and such kinds are pretty euro to sell well right along. The quality nf the cattle now coming to market shows some Im- pruvrment , but -j-ho receipts of common tn fair half-fat ccttle continue altogether too large , Thorn was an active demand for lingo at stronger to 2He higher prices , the supply being \vfll taken nt an early hour. I'rlmc hogs ( hut weighed around 200 to 270 His. sold up to J3.6/'i / ami the commonest packing lots brought J3.255J ) 3,45 , the bulk of the hoga crossing the scalcn at 13.60 Jf3,00. An Is usual on Saturday most of the light "run" of Bheep today was consigned to local slaughtering concerns , 1'rlcew were steady at I3.0f3.50 for sheep and M.x3j.73 for lambs , Jlfcelnts : Cattle. 200 head ; hogs , IS.IAiO head ; sheep , 3,000 head , SI. I.oulx Live StoeU- . KT. LOt'IR , Jan , 8. CATTLi-Hcrelng. | 400 head , of which 254 head were Texans ; shipments , l.GQO head ; market steady ; fair to fancy native shipping anil export eteors , SI.KfM.15 ; bulk of sales. J4.W8-t.83 ; dressed beef and butcher stfcrv , J3.S3ffj. < X ) ; bulk of pales , H.105J 1.53 ; steers , under l.OM 11)3. , J3.50.U1. 10 ; liulk of sale * . J3.G.3 S3 ; Htockeru and feeders , J2.10ffl.15 ; bulk of ralcc , JS.IOfi'l.OO : cows und heifers. J2.IW1.15 : bulk of cows , J2.fOS3.3i ) ; canning cows , Jl.lOif2.75 ; hulls , J2.23a3.GO ; Texas and Indian sleera , ! 3. < Ofd..V bulk of sales , J3,431M. ; cows nnd heifers , J2.WSJ 3.13. 3.13.HOOS Receipts , 3,000 head ; shipments , 5,910 hea < 1 : market to higher on lieavy und medium , Kteudy on light ; light , J3.4S/3.00 / ; mixed , J3 loy 3.60 ; heavy , t3.SOC3.CO. HHHKI' llKCluts. 200 head ; shipment * , none ; market steady ; native muttons. } l.XWfl.Gi ( ; culls nnd bucks , J2.10 3.W ; lambs , J5.00&5.W. ICaiiHiiH rily 1. 1 viSilicic Mfirlcct. KANSAS CITY. Jon. S.-OATTLE IlecelptB. 100 head ; market unchanged ; only retail trade ; Texas strcri ) , i2.65ni.3Q ; Texas cows , t2.50273.22 ; native eteerii , 2.W5.00 ; native cows and heifers. J2.25 ? 4. CO ; Mockers and feeders , t2.COS3.09 ; bulls , J2.DO Q3.75. HOfJS Ilecelpts , 0000 head ; market opened strong to Go higher , closed with advance lost ; bulk of sales , J3.40 3.5. ' . ; heavlci. J3.30if3. < 34 ! ; packers and mixed , J3.3itf3.M ( ; light * , J3.SOli3M > ; yoikern. t3.45Q3.CO ; pigs , 13,0083. 23. BIIISE1 * IlecelptB , 500 head ; market strong ; lambBJ4OOiff3.50 ! mUttonn , $1.008)4. ) SO. KiiHl II ti ( Tn I ii I.lro StncU , KAST m'FFAIX > . Jan. S.-CATTLIJ-Kxtra to prime elcers , J5.0083.10 ; fair to good 6teer , J3.75 4-25 ; fair to good mixed butchers' block , J3.C.S > 1,15 ; fair to good butcher * ' rows. 53.'Sj3.b3 ; com mon , old to fair cows , i.10i(2,73. ( HOOS ItecelptK. 4 car * ! Yorker * . eood to rholrv. t3.75&3.77li ; rouuht , common to choice , SJ.204(3.J5 ; pigs , cununon to choice. i3.UQ3.T5. HlIiHl' AND I.AMIIS-UwelptB , 8 cars ; lambs , cholco ta extra , | 5.1 UC.CO ; culls to common , il.50 X -w Yoric I.tvu HtocU. NU\V YORK , Jan. 8. III3KVI-23 Receipt * . head ; no tral'lnir , Cublen quote American steers c ; refrlccrator Uef at JOBBERS FWD HRNUFRCTURCRS y OF A AGRICULTURAL ; , Lininger S , Hetcalf Co. I "WHOLESALE DEALEHS I " Agricultvral Implements. Bupttcs and Carrlaces. Cor. 6th and PaclfXt Bt * . Jobbers of Farm Machinery. Wacom and Bucglc * - Cor. tth and Jonei. ART GOODS Hosps V Picture Moldings. Mirrors , Frames , Backing and Artlots * .Materials , BOOKBINDING , ETC I'JtlXTIXO ASD 1IUOK JllSDl'SO. Eleventh anil Howard Sis. BOOTS-SHOES-RUBBERS , M'frs | Jobbers of Fool Wear WKSTCltN AGENTS FOB The Joseph. BaniR-au Rubber Co. ' 3 Rubbers and Mackintoshes. 1107 Ilou'urcl St. , OMAHA Boots , Shoes and Rubbers u- Batcsrqoms 110M10MU3 Harney Street. WHOLES ALB RUBBER GOODS Owner of Chief Brand Mackintoshes Boots , Shoes , Rubbers , AT WHOLESALE. Ofllco and Salesroom 1119-21-23 Howard St. BAGS * " Importers and Manufacturers BAGS 614-16-18 South ulh Street BAKING POWDER EXTRACTS. " ' SYRUPS , Mcassc3 ! , Sorghum , etc. , Preserves and Jelllei. AUo tin cans and Japanned warn. CHICORY Growers nnd manufacturers of all forms of Chicory Ouiaha-Fremont-O'Ncll. 1,638 beeves , 10R cheep end 4,400 quarters of beef , CALVES Receipts , S head ; veuls , fj. 0088.00 ; Grafecrs. (3.0093.23. SIlii3I' AND LAMBS-Tleeelpts , 2.CCO head ; shei-p , J3.tiO 4,75 ; lambs , J3.SOft .25 , JIOQ3 Heculpts , 2.800 head ; ( Inn at J3.90ia4.15. Cincinnati Live Sto'oU. CINCINNATI , Jan , -S. IIOCS Active at J3.00 03 75 1 ' I CATTLK Steady af' 2.83 4.C3. 811 KKl' Steady nt J1K73WI.75. LAMUH-Steady at I.M } 5.85. .Sdiek In .SlKlit. nocoril of receipts of llvo stock at the faun principal morltcts for January 8 ; ' Cattle. Hoes. Bha'-p. Omaha . " . " 5 0,487 2,313 Chicago . , . . . . : . . . S0 ll.WX ) 3,000 Kansas City . , vni" J.5 ! t't' ) ' ° 2 m st. ixiuis . . ; . . . ; . . , 400 3.UOO Totals . ; ; j . ' . , ) . . . "M73 2B.4ST St , Ion I H nrticral 3 ST. LOUIS. Jan. 8. VrJDUlt-Qulet und un changed ; patents. J4.TWfS5 ; ftralKhts. JI,3DQ > 4.50 ; clear. J1.00S4.25 ; medium. J3.10OJ.75. WIIKAT Lower ; May'opencd UWUa lower , de. cllncd Ho more , recgvered and lott that OBaln later , cloelns weak with tellers ! to above the bottom. Spot , dull hut'firm ; No. 2 red , caul ) , elevator , ! ' 3c : track , KilWHc ; January , 93c ; May , 9la asked ; July , T'J'.lC. COIIN Futures weakened with wheat early , but late became BtroriKer' nnd closed about the eamo nu yeiterday. Fpot , lower ; No. each and January , ! 5'jo , ; May , 2I'4c ; July , 2Sic. | OATS Futures were fractionally lower , but nrm ; spot , iilKher ; No. 2 cash , elevator , 23'Ac ; track , 24c ; January , 23'/tc : May , 24'ic bid ; July , IS'.ia bid ; No. 2 white. 2J 25H . UYlJ-null at 44Ho bid , 1'I.AXHKKU HlKher nt J1.15. TIMOTHY BnKU-rrlmc , J2.W. 11UAK Firm ; sacked , ea t-track , C3o HAY Strong- ; prairie , J6.0us.CO ; timothy , J7.00 6 .DO. lllJTTnn-DulI ; creamery , KQKc ; dairy , SO 17c. 17c.KOaS KOaS I'lrm at lc. WHI8KY-J1.19. COTTON TIKS-l e. . . . I'HOVlHIONBl'ork , hlKherj"itandnrd mcis , IJ.UIltLard , better ; l > rlino ctcam , CROCKERY AND GLASSWARE H , Bliss , Itnporttr and tToMitt Crockery , China ; Glassware , Silver Plated Ware , Looking Glasses1 , Chan * Jellers , Lamps , Chimneys , Cutlery , Etc. 1410 ITAIl.VAM ST. CREAMERY SUPPLIES Creamery Machinery nnd Supplies. Boilers , nnplnes , Feed Cookers , Wood Pul leys , Shafting , Deltlng. Butttr Pack ages of all kinds. 807-909 Jonca St. - - - - - - _ DRY GOODS. Importers onil Jobbonof Dry Goods , Furnishing Goods AND NOTIONS. DRUGS. 902-906 Jackson St. J. O. niCIIAnDSON. Prcnt. _ a P. WELLE II , V. Treat. v 31'f'rs Standard I'harmactitHtoal Prepara tions. Spetlal Formulae i'reparftl to Order. Scntl for Catalogue * I-aljoratorj' , 1112 Howard St. , Omaha. , E. JBrace & Co. Druggists and Stationers , "Queen Bee" Specialties , Cigars , Wlncu and Brandies , Corner 10th and Hurncy Street * , ELECTRICAL SUPPLIES. F.lcctrical Supplies. Electric MluhiK Dolls and Gas Lighting O. W. JOHNSTON , Mur. 1310 Howard St. WHOLESALE AND RETAIL ELECTRICAL SUPPLIES 1C04 Farnam St , FRUIT-PRODUCE. WHOLESALE Commission Merchants. S. W. Corner lth and Howard Sta. Mcmbem of the National League ot Commit- lion Merchants of the United States. JOBBERS Fruit and Vegetables SPECIALTIES Strawberries , Apples , Lemons , Cranberries , Potatoes. 1017 Howard St FURNITURE I ' " IM WHOLESALE 'Furniture Draperies 1115-1117 Farnam Street. TYPE FOUNDRIES. Btiperlor Copper Mixed Tj-pe ! th belt on the mf.rket. ELECTHOTYPD FOUNDUT. 1114 Howard "Street. M.C5choice. . J4.M. Hacon. boxed lots , extra short cle-ar , 15. IZVifi 5.3714 ; ribs , J5.2iC3.SO ; shorts , { C.37'/405.C2lt , Ury call meats , boxed shoulders , J4.75ij5.00 ; extra Fhort clear. ! I.C2'i < I.S71i ; > lbs , J4.7.W5.CO ; shorts , J4.87'.i3.12 ' . HKCKHT8 Klour , 3.0W bhls. ; wheat , 14,000 bu. ; corn. 118,000 bu. ; oats. 33.COO bu. ' Bflll'MBNTB Hour. 4001 bbln. ; wheat , 27,000 bu , ; corn , lt'0,000 bu , ; oats , 71,000 bu , ICniixiiN City .MnrU-1't * . KANHAS CITY , Jan. 8. WHIJAT About steady nnd fairly active ; No. 1 hard , Me ; No. 2 , Witt kCe ; No , 3 , 61 aS3o ; No. 4 , "W/kOVic ; N . 1 red. Die ; No. 2 , Wfi ; No. 3. fcCilSSs ; No. 4 , Me ; No , 2 spring. ilUSSc ; No. 3 , We. COltN lie lower ; No. 2 mixed , 24H 2ITle. OATS Active and ttcady ; No. 2 while , 23Vic. HYK Steady ; No. 2 , 43-Hc. UUTTUU Wealtj creamery , ICOlSe ; dairy , 13 Cf 16c , UQOS Lower on Incrcatcd receipts ; froh , ISo ; . . IIKCKHTH Wieat , 49,209 bu. ; corn , CI.SCO bu. ; oats , B.OOO bu. ailll'MKNTS Wheat , 31,600 bu , ; corn , 19,000 bu , ; < xi I , none , Di-lrolt Marki > ( . DKTnoiT. Jan. 8.-WII E AT-No. 1 white nnd No. 2 red , tilUc ; May , ilic. CO I IN' No. 2 mixed , 29 HO. OATH-NO , 2 white , 25140. i 11YU No , 2 , 45c. 1'13X.SI4)\S FOIli WKSTHUX VHTI3HAXH. .Survlvorx of Inl WiltIlifiiiiiiiliiTfil hy UK * 4 < i > iiurnl ( iovi-riiini-iil. WASHINGTON , Jan. I ) . ( Special. ) Pen sions have been Issued as follows : IFSUO of December 21 : Nebraska : Original widows , etc. Sarah J. Welch , Omaha , JS. Iowa , Original George II. Pull Cherokee , JS. itestoratlon and reissue John W. Kirk , ( deceased ) , Hlslng Sun ) $30. Increuso Abram O. fipclltiinii , Valley Junction , J14 to $1C , Original widows , etc. Martha White. Ham burg , fS ! mlnora of Isaiah Morrison , Orundy Center , 116 ; Kuphemla JO , J'rlce , Spirit Liike. > 8. Houth Dakota : Hestoration and Increase John Felt on ( deceased ) , V'crnou , IS to 412 , GROCERIES , cCord-Brady Go. 13th nnd Lcuvcnworth St. Staple and Fancy Groceries , ICA AVO corrtE ROKSURS , Etc. NIIOLESAtn FINE GROCERIES i i 11 Tea * , Spleen , Tobacco nm\ Clear * I \ 1(03-1(07 ( Harney Sirccl- IMPOtlTIinS. GAS COPFBC IIOASTUIIS AMI ) JOllUIXa GIIOCEU9 Ttltphono 2S1. HARNESS-SADDLERY s , sAunr.Ks .i.vn COJ.KAKB Jobber * of Leather , Kathltery Hardware , JJfe. Wo solicit your orders , 1315 Howard Et , HARDWARE. Wholesale Hardware , Oinahn. Wholesale Hardware. Bicycles and Sipoi'Uns Goods. 1219-21-23 liar- uoy6treet. _ _ LIQUORS. WHOLESALE LIQUORS. Proprietors of AMERICAN CIGAR AND GLASS WARE CO. 2H-10 Bouth Hth''St. er' s East India Bitters Golden Shenr Pure Rye and Bourbon Whiskey. Willow Gprlnes Distillery , Her & Co. , 1111 Harney Street- Wholesale Liquor Merchants , 1001 Furnnm Street. Wholesale Liquors and Cigars. 1118 Farnam Street. WHOLESALE Wines , Liquors and Cigars. 413-US a Utn Street. LUMBER WHOLESALE juUMBER . , . 814 South 14th St. IlDstoratlon , reissue and InprcnPc-KllfUia C. Stewart ( ilecMHed ) . Sioux KallH. J2I to J30. Hcnosval JoHlnh Clray , Vnnkton , JS. Orlg- Inal widows , utc.-Kllzabeth ITolton , Vcr- Co'lorado : Original widows , etc. Jennlo IA Dakcr , Atlieiitf , ? S. JJUPUUM13 COUHT SVI.LAIII. Conway against MiiRllI , Krror from nrown county. Alllrmed. HUEUII , O. In order for an execution or attachment creditor to recover Ills debt aKalmU a sheriff , bscnuao of tlie latter's failure to sclzo under the writ sulllclent property of the debtor to satisfy the sumo , the. bur den la upon such creditor to plead and prove that ilurliiK ths llfo of tlio writ bin debtor wan possessed of property liable to bo Kulzed under the writ ; and that thu sheriff m-KllKciitly failed to nulzo micli property. Hocfer afalnst LanKhorst , Krror from Cass county. Alllrmed , Ityan , C. Where the claim of nn ut' nt for com pensation was , for Jlndlnu a purchaser for tlio land of tlio defendant ready and wll- llnu to purchnso and , without objection , proof wail made of thu ability to purchase , as well as of the alleged readiness and will. IIIKIU-FS , the variance can not bo urged at ) error for the llrst timu In the supreme court. ' Tutt against IlawUInn. Appeal from Cass county. Ileverecd. Ityan , C ! . The Intention of nn Hector must bo as certained from his ballot and any inac curacies In the preparation of such ballot can not bo urfod for the first tlmo after an election , to defeat thu clearly expressed Intention of the voter. State ex rol Itock County against Shel don. Hrror from llock county. Alllrmed. Itrnn , C. \Vh re county authorities have levied taxes to provide for the current expenses of a certain year to the constitutional limit , courts have no authority to control the action and discretion of such county board , Kollowlnf Young against Lune , 43 Neb. , 813 , against Cooper. Appeal from LUMBER. , eo. fl. Hoagjand Wholesalt Lumber * Lime , Etc. Oth nnd Douglas Sta. PLANING MILL , Manufacturers of elosrc , wish , bllnJs. omcf. store niul Mloori nxUiH'c. l > tlmtcii furnlthcit on nny kind of mill nurk. Tel. 1179. Mill 2Mh nnil Davenport St . . OYSTERS. Javid Cole & Go , PACKERS. KING COLE OYSTERS , CELERY AND POULTRY. J015 Howard St. OILS-PAINTS in } Co. MANUFACTURERS Air Floated Mineral Paint And I'alntx of All Klmls. Putty , Klo. 1015 and 1017 Jones St. ; . A , Moffct , 1st Vice Pros. L. J. Dr.ilte , Ocn Mgf OILS Onrollnp , Turpentine , Axle Orcape. Etc. Omaha llrnnch mid Aecnclcf , John 11. Ruth Mgr. PAPEK-WOODENWARE. Printing Paper , Wrapping Paper , Stationery Corner 12th nnd Howard ctrctU. Wrapping Paper , Stationery , Woodenware. 1107 Harney Street. STEAM-WATER SUPPLIES ns Street. Manufacturers and jobbers of Steam , Gas ttn Water Supplies of All Kinds. noS-ino Harney St. Steam Pumps , Engines nnd Hollers , Pipe , Wind Mills , Steam nnd Plumbing Material , lieltlnc , Hose , Etc. TOYS AND FANCY GOODS. HL Hardy & Co. . Toys , Dolls , Albums and FANCY GOODS. louao I' urnlihlngs , Children's CatTlegtB , Eta , I Ul > Farnam Street. YEAST-BAKING POWDER. Maiiufncturera' celebrate'd "On Tlmo Yeast1' and German Baking Powder. Satisfaction guaranteed. t 4301 to 4321 North Twenty-eight Street. 01,1) COI.O.VV IIIflLDI.Vn , CIIICAOO. Members Chicago Board of Trade slnco 1SC2. Grain , Provisions anil N. Y. Slocks. Orders Cash nnd Future Delivery Solicited. Onialilt Oilier , Itoniii ] , \ . V , Lf | . . . . < rinin < - 11(11. ( . . . KLOVIJ .1. CA3HMliiI : , , - mm E. BOYD & GO , , Tuluplionu 103 ! ) . Omaha , Neb COMMISSION , GRAIN , PROVISIONS and STOCKS IJOAUD oi TUADK. Dlrert wires to Chicago and New York. Correciiondents : John A , Warren A Co. TBIJUI'IIONH 1)5:5. ! ) : H. R. PENNEY & CO. , 11O Board of Trndo Bldfj. , Omaha , Neb GRAIN , PROVISIONS , STOCKS Urancli ODIco. 1038 N St. . Lincoln , Nob. county. Reversed and remanded. Irvine , O , As between the nnrtleti nn acknowledg ment Is not essential to the validity of a conveyance unless the property bo a home stead , or for the purpoxe of barring dower. 2 , A conveyance by a married woman , of her separate property , not her homestead - stead , Is valid between the purlieu though not acknowledged , 3. A valid acknowledgment pcrmltH n , conveyance to be received In'evldenca with , out further proof ; but ono not acknowl edged may bo received In evidence If ItH execution and delivery bo otherwlsn proved. 1 , A niurrlvd woman may pledge her scparnto estate to secure &n Indebtodncsu oC her husband , but thorn must b a now con sideration to sustain u mortgage.to uecura liLs antecedent debt. 5 , The making of further advanceH to the husband In n flulllclent consideration , to sustain a mortgage by the wlfo of her separate property to secure nn antecedent debt , In uucli cnso the payment of thu subsequent advances docs not discharge tha mortgage. C. Kvldenco examined and held to con clusively show a delivery of thn mortKua * In suit , uud a vullO. consideration Ultra * for ; . . f . .