Omaha daily bee. (Omaha [Neb.]) 187?-1922, January 10, 1898, Page 6, Image 6

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    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 . . „