Omaha daily bee. (Omaha [Neb.]) 187?-1922, January 24, 1898, Page 6, Image 7

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    WATCH WITH AN EAGLE EYE
Guaranty Bond Companies Look Closely
After Their Risks.
MORALS OF THE INSURED LOOKED AFTER
When a .linn In Handed He Mtmt Olve
I'p the llnplil I'nco mid Trnvcl
llio Strnluht nndnr -
rcnv 1'n th.
\Vhllo church spires multiply and or-
fjAnlzatlons which have for their object the
Uplifting and betterment of humanity In-
crcaso In numbers and Inllticiico their ef
forts .iro seconded by an agency which has
probably never suggested Itself to moral re
formers. It Is a peculiar circumstance that
organizations of capital , the sole purpose ot
which Is to coin money on account of the
liability of mankind to err , are Indirectly
noting as moral agents of more Own ordi
nary potentiality. Tliclr Influence Is not less
effective because they appeal to a man's
pockctbook rather than to his moral percep
tions.
Hundreds of men occupy cushioned pews
In the churches on Sunday mornings and
Indulge In more or less license on the other
days of the week. In thcso days of advanced
civilization a man who contributes liberally
to the support of the church may Indulge In
frccjuetit lairacs Irom the path of rectitude
without forfeiting his membership. Hut ho
inust walk that saino path with unvarying
regularity If ho wants to hold his guaranty
liond , the forfeiture of which .moms the
loss ot his position. The guaranty bond Is
comparatively a new element In modern
business methods. A few years ago It was
practically unknown. Now It has Its place
In nearly every public oillcc and In all the
Important commercial establishments.
Nearly every man who holds a position of
any responsibility whatsoever In cither
public or business life Is now required to
furnish his employers with one of thcso
documents. Hy this , his honesty Is Insured
and the value of the risk depends to a con
siderable extent on his own habits and con
duct. The number of men In Omaha whose
Integrity Is Insured by guaranty companies
Is a matter of speculation. Very little wns
licatnl of the matter previous to the llolln
defalcation , which arouse ! the people to
the necessity for a more satisfactory system
of bonding public olllclals.
THIS STAUTKD THE FAD.
Treasurer Kdwarils gave a guaranty bond
and sliicu then the pruetlco has been ex
tended until It has become almost universal.
A largo proportion of the employes In the
city and county governments , the holders
of responsible positions In the employ of the
big corporations , drivers of express wagons ,
ticket agents , cashiers and bookkeepers In
large business rstabKshmcnts and hundreds
ot other Individuals are among the local
patrons of the eight or ten guaranty com-
panics who are competing for Omaha busi
ness. The proportions which this business
has reached can scarcely be estimated. The
reports of the various companies show that
their total business In Nebraska during
1890 amounted to over $12,000000. The re
ports for 1897 are not available , but it 'Is ' tlo-
llovert that they will show a tremendous In-
creabo over the previous year. The Omaha
agent of ono of the big companies alone has
done $3,000.000 worth of business In the last
two months.
The moral effect of this vast system is ap
parent when the methods ot the companies
are considered. It Is not to bo expected
that a guaranty company "will become re
sponsible for the Integrity of a man unless
ho deserves confidence. The character and
habits of every man who applies foraguar-
anty bond are scrupulously scrutinize ; ! , ins
weaknesses , his surroundings and his per
sonal characteristics are taken Into account ,
ns well as his previous record. If these are
not satisfactory , a reputable company will
not take the risk for any consideration. If
the showing is satisfactory , they go on his
bond for an annual premium. , reckoned at
irom Ji - -Z-pjcjvcont annually- th6 face
value of the bond , "according to the degree
of responsibility with which he Is Intrusted
and the various other clrcumsti's whlrti
liavo a bearing on the risk. For .Instance ,
a common bookkeeper does not pajros heavy
a premium ns a man who has access to the
cash account. And all other things being
equal , a man ot family is esteemed a better
risk than a bichelor. The Influence of a
homo nnd family affection Is not overlooked ,
but there Is no sentiment In the matter.
It 's simply business.
The bond once given nnd approved , It
must not bo Imagined that the matter Is
dropped without further attention. The
guaranty companies make It their business
to keep thoroughly Informed with regard to
Ihe men on 'whoso ' honesty they are staking
their money. 'And the slightest dereliction
oh tlio part of the client Is pretty likely to
bo heard from.
This watchfulness on the part of the
guarantors was the cause of a somewhat
humorous Incident the other day , In which
a well krown young man , who Is employed
by ono of the local bulks , played the leading
part. The Individual In question Is a mar
ried man of n few years' standing and pre
vious to the tlmo when ho acquired awlfo
Uio looked on some sides of metropolitan life
of which ho haa since been denied a view.
HERB'S WHERE HE FEU. . .
Hut ho had not altogether forgotten them ,
nnd when hit ) wlfo planned a month's ah-
BCHCO on a visit to her parents the pros-
poatlvo desolation of the devoted husband
was mingled with happy anticipations of a
touch of the good old times when ho was
left alone. Consequently the regret which
was tenderly expressed when ho kissed her
good-byo at the train was not altogether
unmixed with satisfaction , and it had been
entirely forgottcu before the whirling driv
ers had put fifty miles between them. Ho
dined at a fashionable restaurant with some
of his former cronies and a couple of bottles
awakened the long-slumbering sporting In-
etlnct to hilarious activity , A few more
bottles at a resort a Ilttlo further down
town made It bidding and the accidental
advent of a couple of young women who
wcro good fellows , If not virtuous , was
hailed as a flttlng Incident of the occasion.
Of course , thcro was a hackman not far off
nnd In ten minutes the whole party was
rolling away In thu direction of a quiet re
port Just outsldo the city limits. Tbo mu
nicipality was fairly torrid that night and
the lonely benedict came down to the bank
In the morning with a lively recollection
ot It. The first thing that attracted his at
tention was a plain envelope that lay on his
desk. It contained a brief note which was
signed by the local agent of the guaranty
company which was on his bond and it con
veyed the Information that If the performance -
anco of the preceding night was repeated the
company would consider It advisable to with
draw Its security. Thcro was no question
what would follow. Explanations would bo
in order and there would bo a new man nt
his desk. Ho sat down and wrote a candid
jotter to thu agent , lu which ho assured
him that the warning would not bo disre
garded , and during the remainder of his
wlfo's absence his conduct was most ex
emplary.
If tlio facts were known thcro are scores
ot cases In which men have been compelled
to modify their gaiety to correspond with
the Ideas of the corporations who have to-
oomo responsible for their conduct. It may
i > o positively stated that no man who la
working under a guaranty bond can en-
Kago It ) any form of dissipation to any ex
tent without forfeiting the bond. Excessive
drinking , gambling or patronage of eportlng
resorts are offenses which the company will
neither overlook nor condone. Under eomo
circumstances oven less questionable amuse
ments are interdicted , Ono young man was
rosently compelled to give up his nightly
game of billiards at a downtown resort be
cause it brought him into contact with as
sociations which his guarantors did not con-
elder proper for a man who handled thou-
Bands of dollars of other people's money.
Another gracefully sacrificed his occasional
elttlng In thu poker game at the club for a
similar reason , and there are doubtless
othora whoso amusements are restricted by
their thorough understanding of the condi
tions upcti which their position Is secured ,
f the Vorrt.
'A largo sited boom in the membership
was in evidence at the meeting ot Forest
council No. 1 last Wednesday evening , which
.von etown by the live Interest in the lu'eet-
"TH
Ing and the Admission or twenty-five or
thirty candidates. New folder * vcrc dls-
trlhutcd containing n complete roster of the
council. UclcRatcs to the stnto cuiincll wcro
elected as follows ; A. P. Clnrl ; , decree M.
Wrlpht nnd R. M. Slenbcr ? . Vcdncsdll
evening , January 2C , a frr.e lllcrnry and
muslMl sociable will bo given. Tuesday
evening of this week a large dolcRfttlon will
go to Florence to attend the Installation
ceremonies ot the council there.
The entertainment next \V dnodny Is one
Bf a Tle.i of pleasant monthly features
which the knights have enjoyrd. Some of
the best talint In the city will appear and
the affair will conclude with n luncheon.
The following Wednesday a smoker Is an
nounced , .to which members and friends are
Invited.
SOUTH OMAHA NEWS.
The American District Tcltraph company
of this city contemplates nihklt.g extensive
alterations nnd Improvements In Its service
hero this spring. All ot 'the lines are to
bo rebuilt , which will necessitate the ex
penditure of considerable money. An in-
tlrcly now night watch system Is now being
Installed at Swift and Company's plant ,
work having commenced a day or two iigo ,
When this system at Swift's Is completed
there will bo sixty-seven alarm boxes In
use , with a central station -STrlU'o flro
hall.
hall.On
On account of the large number ot now
buildings to bu erected this spring nt Ctl'l-
nhy's the entire watch system at this plant
will bo remodeled and signal boxes placed
In nil of the buildings now under ccmrso ol
erection , ns well as In those planned.
Thu opening of the Armour plant ulll ne
cessitate the erection and maintenance ol
a largo number of signal boxes , as every portion
tion of this big packing house Is to bo pro
tected.
Improvements at the Hammond plant ,
which are now being considered , will In
clude an extension of the present watch
system and the new buildings at the stock
yards will also be wired and protected by
the American District Telegraph watch
service.
The olllcers ot this company are consider
ing the advisability of moving the main
olllccs to n point nearer the stock yards and
packing bouses , nnd although this has not
been definitely decided upon It Is thought
that the main American District Telegraph
oflloo will be located on Q street.
According to the system In USD now watch
men patrol every floor of the packing houses
and are required to pull an alarm box at a
certain time. A record of these alarms Is
kept and cent to the packing house mana
gers every morning. In this way a check
Is kept upon the watchmen. In case ol
falltiro to ring the alarm on time a repre
sentative of the company Is sent to investi
gate. Hy this system the danger of a tire
gaining any headway before discovery is re
duced ta the minimum.
Couldn't Srnro dm Irishman.
During the late ice cutting season when
the packing houses were employing several
hundred men in cutting and storing the
crystal cubes ono of the high olllclals of a
packing company doing business in this city
left his desk ono day for a run out to the
Ice houses. Xow , smoking In nn Ice house
Is strictly prohibited , and whllo wandering
about this nlllclal came across a son ot the
Emerald isle Industriously pulling at a short-
stommcd pipe as ho assisted In packing
away the big cakes of Ice. The oHlclal
spotted the dtidecn at once and ordered the
Irishman to stop smoking. No attention
was paid to the order and It was repeated ,
but with the same effect. Hecomlng ex
asperated the official exclaimed : "See here ,
my man , I nm so and so and I want you
to stop tmoklng nt once. " The Irishman
never missed a puff as ho replied : "Shure ,
and you have a good Job ; you want to take
care of It. " Upon hearing this retort the
olllclnl hastened away to find the foreman
of the gang to make complaint against the
Impudent workman. When the pair re
turned the Irishman could not bo found , as
ho had concealed his pipe nnd was working
In another part of the building. The olficlal
has got over being sore and tells the joke
on himself , but to his Intimate friends only.
Salcx of llloodvil Slot-1 ; .
General Manager Kenyan ot the stock
yards company Is arranging for a feature of
special Importance , which he thinks will add
greatly to the business of the yards durlug
the. present year. Sales of blooded cattle.
hog3 and sheep at the yards are to bo held
at stated Intervals during the summer and
fall , and for this purpcoo an attractive pa-
vlllcn will be erected on the plat formerly
used as a race track. Breeders of stock
ot all kinds arc awakening to the desirability
and Importance of holding these sales at
central markets , where both buyers and sell
ers are Insured the best accommodations.
It Is the Intention of the managers of the
stock yards to commeaco the erection of a
hamlsomo pavilion to bo used exclusively
for the ealo of blooded Block as soon as the
new exchange building Is completed. The
first sale has been set for March S and the
second on April 22. Manager Kcnyon Is now
conwpondlng with a number of breeders
who are anxious to secure dates , and It U
claimed that this new feature ot the stock
yards twiio will be a success.
Sliovlnjr DI > IleiitK.
Rents have an upward tendency and It Is
almost Impossible to secure rooms for busi
ness purposes In the heart of the city at
reasonable rates. During the last week no
tices of a ralso In rent have been nerved on
many persons occupying t'tore buildings on
N street. In some Instances , where specu
lators have obtained control of the property ,
the rents to bo charged after February 1
are exorbitant. Instances are known where
landlords will on the first of the month jump
the rent up from $20 and $25 to $45 and $50 ,
Some tenants have- asserted that they prefer
going out of buslncftj to paying such prlceri
for old frame shacks. Many of the ten
ants have kept their places all through the
dull times end paid their rent regularly. To
have the rent doubled on them just at a
tlmo when thcro is a prospect of being able
to do a good business and mako-up for tlio
losses of other years la considered unjust.
The landlords , whllo admitting these facts ,
are stubborn and Insist upon rental enough
In one year to pay the cost of some of the
buildings.
iK' ( InI.Ici'iiMc Kern.
Stitico the Omaha city council has taken
steps to Increase the fees for llcensm of
different kinds for the present year it has
been suggested that the authorities of this
city take the same action. In ease this Is
done a largo Increase in the revenue of the
city would bo the result , ns fakirs of all
kinds will without doubt Infest this lo
cality during the exposition. At tbo pres
ent tlmo hucksters and peddlers using a
wagon are charged $25 for a twelve-months'
license. Foot peddlers muat pay at the rate
ot $20 a year , while street fakirs are taxed
} L' a any or ? .u lor a license gooti lor a
year. Auctioneers' licenses cost $50 a year
and clothing house solicitors pay the same
amount. Tl'.oso who have looked Into the
matter claim that the licenses could bt >
doubled without driving this class of people
ple from the city. The Increase In revenuu
would , It Is thought , moro than pay for the
expense of drawing and orlntlng the amend
ments to the present ordinances ,
C'lljioMHlii. .
An adjourned meeting of the city council
will bo held this evening.
Mrs. R C. Taylor. Twenty-fourth and J
streets , has about recovered from her re
cent severe Illness.
Pat Sweeney , a laborer , spent yesterday In
Jail for being drunk and creating a dis
turbance on the streets Saturday night.
Hov. Dr. Sanderson ot Trinity Methodist
church. Omaha , occupied the pulpit at the
Flrot I'resbyteroj ! ; church yesterday morn-
lug.
lug.Tho
The Omaha "Water Works company will
lay about a mile of mains at thu Armour
plant aa eoect as the frost is out of the
ground.
Jfhls atternoon the delegation from the
Live Stock exchange starts for Denver to at
tend the evasion ot the Nntlccial Live Stock
Growers' convention ,
There are three Ilttlo things which do more
work than any other three llttlu things cre
ated they are the ant , the bee and DeWitt'a
LittleKarly H'sers ' , the last being lue famous
Ilttlo pills for stomach and liver troubles.
OMAHA LIVE STOCK 1IARRE1
Week Closes with About Usual Run for
Saturday.
CATTLE PRICES GET A LITTLE FIRMER
Snpplr Not KnnuKli 'to Trut Trnrtc'H
SlrciiKlli , lint Kecllnir I" Hot-
terllc > KK TaUP < HI An
other CJooil Mc-Ucl.
SOUTH OMAHA , Jnn. 22. Kccelpta tor
the days Indicated were :
Cattle. Hogs. Sheen. Horses ,
Tnmiary 22 C97 7,529 413
January 21 1.C17 6,851 2,2(3 (
Innuary 20 1,555 9,781 4C9 > >
January 19 2.1K ) G.9S3 6,419
January IS 2,730 7,919 3,235
January 17 1,472 2,300 4,477
January 15 1,445 0,410 3,533
January 1,017 G.1GG 4.3CO
January 13 1,958 7,841 4,005 20
January 12 1,619 6.SOO 1,091 7
January 11 2,661 9 , ! > 00 2,151 I
January 10 l,4l.i 3.715 6,69 2.
January S 675 6,437 2,312
January 7 . . . . 1,132 fc',279 1,075 2 <
January 6 1,203 10,982 2,429 91
Ilccclpts for the week with comparisons :
Cattle . HOBS. Sheep
Week ending Jnn , 22. . . . 11,550 40,39'J 20,53 ;
Week urnllng Jnn. 15. . . . 11,045 40,725 21,492
Week ending Jnn , S 7.7SS 43,848 16,392
Week cmlliiB Jun. 1 6,103 2S.962 11.2S3
CATTI..12 Tnuro were only thirty loads of
cattle of alt kinds In the yards today , ti
light run even for a Saturday. With so
few cnttlo here. It could hardly be said
that a teat of the market wns mailo. The
buyers , however , seemed to want wha' '
c.mlo there were here and they took al
offerings nt Ilrni prices. The pens were , soon
cleared , the few loads on sale being sold
and weighed up nt an early hour.
Some i > retty fair beef cattle sold up to
$4.55 and ns high ns $1.50 nas paid for some
fancy llttlu heifers.
The absence of really desirable beef cattle
continues to be a feature of the cattle mar
ket. Quito a good ninny cornfcit steer arc
arriving- , and , while some of them are verj
fair stuff , the general run Is mndo up large ! }
of common to medium kinds. For that rea
son the talcs do not make a very good show
ing. Still , when It Is considered how man >
cattle there are on feed In Nebraska , It must
bo admitted that the number of fa I cnttlo
of ull kinds coming forward Is very small
Wlta plenty of cheap corn In sight the coun
try does not seem Inclined to send In inanj
half fat cattle. If all other sections wouli
follow the same plan and hold back un-
ilnlshcil cattle the receipts at all marke
nolr.ij would bo light and the market \voul <
bo In a better position to rally.
On the contrary some , markets had a large
run last week , with an accompanying break
In values which carried prices down nt this
jiolnt In tplte tf the light receipts locally
The week opened wltii a steady market , bu
on Tuesday and Wednesday prices drappei
lOJj'loc ' on killing cattlp , the decline as i
matter of course being the most pronounce !
on the common and half fat stuff While
the week closed with a stronger market , the
loss was not recovered.
Another very prominent feature of the
week's trade In cnttlo was the excellent de
mand tor light stock cattle and the ex
tremely high prices at which all nrrlv-ils
sold. What the market on beef cattle mlghl
be seemed to cut no ( Igure with the buyers-
of stock cattle. They took everything of
fered the. top sales of stock cattle being on
some days way above the best prlco paid
for cornfed beeves.
The receipts of stockers were light all the
week and It Is possible that If there n\cro
more coming the buyers would not be so
Winer.
1IOOS Tlie IIOR market was nil rlirht this
morning for the sellers , na It opened ptronjj and
closed BtroiiK to Co hlKht'r. It was active nt the
advance , both packer * and shippers lielns free
liters , anil everything wan Bold and welshed
up nt nn' rarly hour.
Heavy hotrs sold nt J3..VMT3.GO. wlh ( the bis
Etrlnn nt $3.55. Yesterday the Fame weights went
nt the range J3.COS3.5S , with the rales pretty
equally divided , but with mure nt $3.50 than at
nny other price.
Unlit and medium weight loads Fold nt $3.55
CjS.CiH , with .1. IOIIK string nt } 3.07-i3.GO. ! } The
best lliclit f-ohl principally nt ; 3.GO < f < 3.G > , the same
The average of nil thu rules wns S'.ijC higher
than yesterday.
The hoff market of the past week was In the
main very satisfactory to the selling Interests
In that there wns nn uctlvc demnnd mid n higher
range of values. The week opened with n steady
market , advanced 5iflOo durlm : Tuesday and
Wednesday , but dropped bnek Oc on Thursday.
On Friday and Saturday It rallied ajrntn and the
week closed with the nurkct 10o higher than It
opened.
At the close of the week IIORS sold nt the
hlehest point touched since October 19 , when the
average of all the fnics was J3.CO.
Moro light hogs are arriving than wns the case
a few weeks ago , and a smaller proportion of
big , heavy loads. The demnnd for light hogs at
tills point Is still far In excess of the supply and
they arc commanding a considerable premium
over heavy.
SHKEI' There was only a very small showing
of sheep In the pens this morning nnd not enough
to really cnll It n market. A small bunch , of
yearlings sold at $4.40 , nnd some Inrnbs brought
55.00.
CHICAGO MVE STOCK. MAHICET.
Trade In HOKH CoiiUmirN .Ac-live u <
Further IiicreiiM * In 1'rloc.
CHICACO. Jan. 22. Ilecclpts of cattle today
were even lighter than usual on Saturday , nnd
the market wan almost altogether a nominal one.
A few scattered lots sold nt yesterday's prices.
Trndo In hogs was active nt a further advance
of Cc , the best droves selling nt ? 3.SO nnd the
coarsest heavy packers nt $3.1X1. Pigs sold
largely nt J3.MI7.1.C and the bulk of the hogs
brought J3.8JO'3.72ii.
The few lot of sheep nnd lambs on the mar
ket Bold at steady prices , sheep being quotable
at JS/oyifO , yenrllngs nt H.4005.03 and lambs
at J4.2CIf5.65. Very large receipts are expected
for the next slrty days , but there Is nn especial
good demand from the east and prices arc likely
la rule sufllclcntly high to remunerate feeders.
Receipts : Cattle , 200 head ; hogs , 11,000 head ;
sheep , 1,500 head.
St. I.oulN 1,1 ve .Stock.
ST. LOUIS. Jan. K. CATTLK-llccelpts , 1.000
head ; shipments. 1,200 head ; market steady , with
no top grades here ; fair to fancy native Ehlp-
Ping ami export steers , Jl.5Jg5.30 ; bulk of sales ,
H.u95.M ( ; dressed beef and huteher steers , ( t.Wff
4.W ; bulk Of sales. | 4. ! < W4.CO ; steers under l.COO
Ibs. , J3.700MO ; bulk of sales. H.W4.25 ; stock-
cm and feeders , J3.004.35 ; bulk of tales. | e.X ( 8 >
4.15 ; cows and heifers , f2.00ff4.oj bulk of COWH.
J2.MS3.25 ; Texas and Indian Ktcers , f3.33W4.30 ;
bulk of sales , ? 3.15f4.n ; cows and heifers , J2.MH1
3.23.
3.23.HOGS
HOGS HecclptB , 3,700 head ; shipments , 3,500
head ; market 6c hlKhfr : light , J3.63Jf3.C3 ; mixed ,
J3.Kfi-3.70 ; heavy. 3.70 T3.73.
SHEEP Receipts , 200 head ; shipments , 200
head ; market dull , Mcady ; native muttons , 53. S3
W4.M. with nornr sales as high as t4,73 ; culls and
bucks , J2.COfl3.25 : lambs. J3.00S3.75 ; Texas mut
tons , quotable at J3.7C04.5with none on sale.
KIIIIKIIH City Live Stoolr.
KANSAS CITY. Jnn. IS.-CATTi.K Ilecolpts ,
SCO head ; market unchanged , only retail trade ;
Texas steers , J3.f."ff4.23 ; Toxns cows , f2.55J3,40 ;
nntlvn steers. J3.35R3.M ; native cows nnd heifers ,
J2.onji4.23 ; stockers und feeders , J3.50ft3.00 : bulls ,
J2.W | 3.75.
HOGS necelpts. 7M bead ; market strong to
"o higher : hulk of sales. J3.COS3.70 ; heavies , J3.43
O3.75 ; packers , I3.5S3.7214 : mixed , J3.55S3.75 ;
lights. J3.4003.70 ; Yorkers , J3.C54j3.C74 ! : pigs ,
.
8IIBUP HecelptB , l.COO head ; market strong ;
lambs , | 4SQ5.CO ; muttons , J3.10ff4.30.
Stiiolc In sTJrht.
aiccord of rcvHpte of live stock nt the four
principal markets for January 22 :
Cattle. Hogs. Sheep ,
Omaha . . . . . C97 7.G24 419
Chicago . . . . 200 14,000 1..VV )
KutiR.i3 City . 300 7,500 1,000
Kt. toula . , . , , . 1,000 3,7"0 200
Totals . 2,197 32,729 S.Ho
COXJHTIO.V OF JVHW YUIIIC ll.VMCH.
ICvlriiiirdliiary ImrriiNiIn Flow of
Minify from the Interior.
NEW VOniC , Jan. 03. The New York
Financier says : The extraordinary Increases
In the principal I term of the bank statement
for the week ending January 22 , whllo In n
measure unprecedented , considering the
short space of time required to send the
figures to the high limit Attained , are not
nt all mysterious , Ta'.tlng the courpo of last
year's flow of money fiom Iho Interior it Is
found that the surplus reserve of the hanks
stood during the llrst week In January nt
$3SonoOCO and three weeks later at $57,000,000 ,
a gain of J24.000.WO. At the end of the month
this amount had been Increased another
t2.OW.000. T.io U9S conditions have not been
widely different. Three werks ago the banks
reported J15,78S\'X ) surplus reserve. On Sat-
nrilay the tmnin item stood nt $31,215,200 ,
which goes to nho\v that the banks , despite
the amazing Increases for the week , have
accumulated $ S,000XX ( ) I em excess money
than In u similar period at the beginning of
1897. In fact , the gain In deposits of $2.S.-.9-
MK ) last ( Week was almost equaled by the
second week in January , 1S37 ,
It Is interesting to recall that Investments
In sterling loana were then heavy and thcso
conditions are not unlike except that no
bank failure epidemic Is affecting the west
ns during the early part of 1S97.
An analyslH of the holdings of Individual
Items of the banks for the last week re-
vealii the fact that although ana bank gained
$9.000,000 in deposits , nnd was apparently
able to loan It all , the greater hanks , 'with
few exceptions , . < how heavy gains ,
The expansion of $12,477,000 In loans of
course- tends to dwell the deposit Item , and ,
vltb tbo (11,021,100 ( Increase In cath , accounts
J
; - 1 *
AGRICULTURAL .IMPLEMENTS.
, Qrgndorff
Parlin $ , Marian Co
Jobbers of Fawn Machinery.
'
anil Bugglc * - Cor. fth and Jone * .
ART GOODS
Hospe
P icture Moldines.
o
Mirrors , Frames , Backing and Artlslo *
Material s.
BOOKBINDING , ETC
ees Priding Co.
Afili HOOK
.
eleventh tmJ Howard Sta.
BOOTS-SHOES-RUBBERS ,
Sewed SEtoe Go
M'frs | Jobbers of Foot Wear
ViESIKItN JKlKNTSl'Otl
The Joseph Baniffan Rubber Co.
Rubbers and Mackintoshes.
1107 Howard St. , OMAHA
Boots , Shoes and Rubbers
Salesrooms 1102-1104-1106 Harney Street.
WHOLKSALH
RUBBER , GOODS
Owner of Chief Brand Mackintoshes
Boots , Shoes , Rubbers.
AT WHOLESALE.
Ofllcc and Salesroom luJ-21-13 Howard St.
BAGS
ag
Importers nud Manufacturers
BAGS
614-16-18 South nth Street
BAKING POWDER EXTRACTS.
SYRUPS ,
Sorghum , etc. . Preserves and Jellies
Alee tin cans and Japanned ware.
CHICORY
tirawere and manufacturers of all forms of
Chicory Omaha-Fremont-O'NcIl.
CROCKERY AND GLASSWARE
Importtr and Jotter
Crockery. China , Glassware ,
Silver Plated Ware , Looking Glasses , Chan
deliers , Lamps , Chimneys. Cutlery , Etc.
1410 FARNAU ST.
'or the deposit gain. This money Is coming
from the Interior for the most part nnd while
i moro liberal quantity than usual Is going
nto commercial paper , the bulk Is loaned
perhaps on sterling loans. All the Items are
above any heretofore recorded , but It should
not bo forgotten that the treasury still has
largo special deposits In the1 banks ns a re
sult of the Union Pacific settlement and the
withdrawal of this money may be expected
soon. Its Importance as a factor In the mar-
< nt Is not ta bu underestimated. New York
> ankis even with Investments In foreign
credits , will probably have dllllculty In put
ting out the funds now accumulated hero
and there Is apparently no reason for leav-
ng government deposits In banks. Never
jcforo has the situation presented' so many
conflicting features , but. stripped of am-
Igulty , the strong position of the United
States Is c-loarly revealed. Tills country ,
: hrough Its heavy trade balances , the en
trenched position of the treasury , can , If
yo disposed , regulate the prices of gold for
.ho world for some months to come.
London Moncyl J
LONDON , Jan. 23 , Clancy rates were
weaker last week thiin , | ind been expected ,
liut It Is now believed that they have
touched bottom and will eon harden again ,
All arrivals of gold were'taken for the con
tinent. The Stock exqliapgo was depressed
Dy a local cloud , Coimols wcro fractionally
ewer , though colonial' ' Issues remained
steady. Homo railway securities were weak ,
but the declines wqni small. The foreign
market was dull on'Mho political outlook
and on sympathy with the Paris bourse ,
which was unsettled , owjng to the Dreyfus
agitation and the threatening position of
the ministry , t ,
Chinese securities wcroia shade higher nnd
Japanese a shade lower , American railway
securities were mostly lower , In sympathy
with Wall street , but .tho feeling was hope
ful , The chief decn''VHes wcro In Southern
Pacific preferred , WaMah preferred nnd
Wabash Income , which showed a fall of Hi
points each , nnd In L'oiilsvlllo & Nashville ,
which declined 1 "point. " The principal In
creases were In Central 'Paclllo xhares.vhlch
rose 1'Xj points , nnd in Lake Shore ft .Mich-
gun Southern , which rose 1 point Grand
Trunk railway shares were booming , the
rise ranging from V4 to 4V $ points , while
Canadian Pacific went 1 % points higher.
Argentine nccurlte * receded , owing to the
llsippolntlnir tralllo returns , The mining
market was Inactive.
I < "ii1trlrn ,
MANCHESTER. Jnn. 23. The market has
> een more quiet this week , but fairly Jinn
nil around , because , mostly well engaged.
Clio eastern demand haa fallen off , because
Hoinbay lnislnesa Is destroyed by the pluguu ,
ind nt Calcutta by the monetary scarcity
and In China by weaker silver , whllo the
political unrest discourages for thu present
urther speculative purchases. South Amer-
ca showed moderately better prospects und
CREAMERY SUPPLIES
The Sharpies Company
.
Creamery Machinery
and Supplies.
Bolters , Engines , Keoa Cookers , Wood Put-
ley ? , Shafting , Uoltlnir. Butter Pack
ages of all kinds.
S07-909 Jonea St. - - - - -
DRY GOODS.
a
Importers and Jobbers ol
Dry Goods , Furnishing Goods
AND NOTIONS.
DRUGS.
ichardsoii JUrug Co.
go2-yo6 Jackson St.
J. O. niCHAnDSON , Prest.
a P. WELLER , V. Prcst.
,1J'/ ' > .S'/umtntv' / ' I'lntriii'iocutlcitl IVd.iK
tlons , H/ieetiil Fommlae l'rri > are > l to
Ordrr. fiend for C'ltfiifof/uo.
laboratory , 1112 Howard St , Omaha.
E. Bruce & Co.
Druggists and Stationers ,
"Queen Dee" Specialties ,
Clfnrs , Wlniu nnd llrcnillos ,
Comer 10th and Hurney Street ! .
ELECTRICAL SUPPLIES.
Electrical Supplies.
Electric Minlnc Hcllfl nutl Gns Lighting
O. AV. JOHNSTON" , Her. 1510 Howard St.
WHOLESALC AND IlETAIIj
ELECTRICAL SUPPLIES
U04 Farnam St.
FRUIT-PRODUCE.
WHOLESALE
Commission Merchants.
S. W. Corner Kth nnd Howard Sta.
Mcmberu of the National league of Comml > >
Blon Merchants of the United States.
traight &
JOBBERS
Fruit and Vegetables
SPECIALTIES Strawberries. Apples ,
Lemons , Cranberries. Potatoes 1017 Howard St.
FURNITURE
WHOUKSALE
Fttrniture Draperies
1115-1117 Fornam Street.
GRO CERIES.
13th nnd Lciivcmvorth St.
Staple and Fancy Groceries
lu AND corrcE ROISTERS , Etc.
NIIOLUSALB
FINE GROCERIES
Teas , Splcce , Tobacco an& Cigar * .
I 1(031407 Harney Ssrect-
the Levant has done a fair scattered busi
ness. Quotations hnvo not changed nnd
pocket orders were .withheld pending devel
opments ns to raw material.
The homo trade continues to suffer from
the effects of the engineers' strike. Yarns
were quiet for homo trade and dull for ex
port. Prices were about steady , lloucii was
dull nnd slightly lower. Mulhouso was very
quiet , but not materially lower. North Ger
many reports new business small , hut that
the mills are generally well engaged for
some months ,
iGKAIV AMI PROVISIONS.
FVnlurcN of ( lie Triiilliif ; mill
I'rlrt'H on 'Suunlay.
CHICAGO , Jan. 22. This wns one of the
dullest ilayn on 'change In weeks. Trade In
all markets was simply of n scalping char
acter. Wheat closed V4c higher for May ,
but J/4c lower for July. Corii untl oats were
a Ilttlo easier , but showed substantially no
change at the close. Provisions closed un
changed to 2 ! o lower.
Trade started brisk at nn advance for
liny wheat of ? ic a bushel and about aa
much In July. Half an hour of moderately
active trading sulliced to bring the price
back again to yesterday's closing figures
and for seine tlmo thereafter business al
most ceased. The Liverpool wheat quota
tions were from Ud to > , id higher. Tnls nnd
tlio absorption by the I.elter party of all
the "calls" offered yesterday afternoon
were the only features of fho news which
even mildly Interested speculators and were
not enough to Inject nny activity Into the
market. The Shipments of wheat nnd Hour
from both coasts for the week were equal
to 2,92fi,000 bu , , niralnat 5,229.000 bu. the
previous wrck. That suggested a small
total from ull sources to Kuropo this week ,
much less than their estimated require
ments , and additional bullishness on that
account It was thoug'nt might bo depended
on next week In reports from European
markets , Liverpool Corn Trade News reported -
ported continental stocks of wheat and flour
about 11,500,000 bn. less than they were a
year ago , Ileerbohm estimated United
Kingdom requirements January 1 to April
30 at G.000,000 bu. less than Indicated HUP-
piles. The sama authority expects the
world's shipment ! ) to Kuropo for the week to
show a. total of 5,000,000 bu. Chicago re
ceipts were 41 pars. Minneapolis and Iu-
luth reported 259 cars received , against 333
the previous Saturday and 1.170 the corresponding
spending day of U'J7. The primary western
market receipts for the day were 372,519 bu , ,
against 131,857 bu. the ulmllar day of last
year. The day's Atlantic port clearings
were small at 160,000 bu , of wheat and Hour.
Closing cables from Paris noted Co to 10o
Improvement , and from Antwerp a decline
of 12Uc for ono kind or wheat and un
changed for the other. Heavy snow was
GROCERIES.
Daxfon and
g
IMI'OIITKKS.
GAS COFFEE HOASTK11S
A.'jO Joiiiu.va cnocEits.
Telephone SSL
HARNESS-SADDLERY
Jobbers of Leather , SncMIrrj7nnIirdrf , I'.te.
Wo follclt your orders 131B Howard i-t
HARDWARE.
& Wilhslmy Co
Wholesale Hardware ,
Oiniilm.
Lee-
Wholesale Hardware.
Ulcyclos and Sportlne Goods. 1210-21-23 llnr-
ney stiout.
LIQUORS.
\ /ater ! ioise & Co
WHOLESALE
LIQUORS.
Proprietors of AMKUICAN flGAIl AND GLASS
WAHK CO ,
: i4-id south i4th st.
East India Bitters
Cold n Sheaf Pure Rye and Bourbon Whiskey.
Willow Springs Distillery , Her & Co. , llli
llnrney Street.
Wholesale
Liquor Merchants
1001 Kurnniu Street.
Wholesale
Liquors and Cigars ,
1118 Farnarn Street.
WHOLESALE
Wines , Liquors and Cigars.
< 1.-415 a Uth Street-
LUMBER
WHOLESALE
JUUMBER . . .
814 South 14th St.
rss.
PLANING MILL ,
Manufacturers of doors. Bash , blinds. ofHce ,
store anil saloon flxtuies. Estimates furnished
on nny kind of mill work.
Tel. 1179. Mill 2Stli and Davenport StB.
OYSTERS.
PACKEHS ,
KING COLE OYSTERS ,
CELERY AND POULTnY.
1015 Howard St.
reported falling all over the exposed win
ter wheat country and as this was the
best thing' possible for the coming crop It
had a depressing effect on the market dur
ing the latter part of the session. May
wheat opened nt 2'ie. react oil to 'Jle , then
recovered to 92Hc , , but declined ngnln to
914 < & 91c , and at the close was bringing
02o July opened < it SI , fJ8IHc , declined to
! > 3c , and closed nt S4fiS41ic. (
Corn was practically at a standstill. Only
the narrowest kind of a scalping trade WUH
done and prices were confined to a bare
We range. The feeling was easier If any
thing , on expectations of Increased receipts
following thu colder weather , Slay ranged
from 29o to So and closed unchanged at
.
All the little trading In oats wan nt ono
price , 23c , except a few lots shortly before
the close , wftlch sold 1-lCu lower. Cash de
partment wns equally dull. The market has
Inclined downward , but business was too
dull to admit of any material decline. May
closed a shade lower at 23siri23c. !
Market for provisions In the main was
very dull. A llrm hog market sustained
prices nt thu start , hut u little realizing and
short selling by traders playing for a re
action after the recent advance weakened
the market and prices tended generally
downward. At the nlnuo May pork was un
changed nt t9.771 ! AIny lard. 2'/4c lower at
$4. < 7U.'IK60 ' und May ribs unhinged at { I. SO
ICsitirnated receipts for Monday : Wheat ,
40 cars ; corn , 475 cars ; oats , 275 cars ; hogs ,
3S.OOO hoad.
Leading futures ranged ns follows :
No. 2.
Cain fjuotatlona wore as follow * :
FhOUIt-Dull ; winter iialenln , tl.WTH OT ;
etrulKliU , II. Mil 1. 4 > ; miring paunl , $ I.(0'U.W ( ,
ulruUliU , I1.00&1.39 ; bakers , U.WH.K ) .
WIIHAT No. 3 * iirlnif , K7'.iOt7Kcj No. 3
siirlntSlii 2oi No. 2 reel , WitiWic.
COIIN No. 2. 27U27JC. !
OATS No. 2 , 23c , f. o. b. ; No , 3 white , 2 < CTX < ! .
JIYC No. 2. 4 io ,
nAHMSY No. 3. Z1Q41C.
1'HOVIBIONB Mem liark , * 9.Ofl0.70. I-anl ,
per 1W llia.ul < .C7Viiii,79 , tihort ribs eldea
OILS-PAINTS
and Paint Co.
MANUKACTUnUnB
Air Floated Mineral Paint
And Paint * of All Klml * . rutty , EtA ,
1C1 ! and 1017 Jonti St.
! , A. Stored , 1st Vice Pro. I * J. Drake , den
OILS
CJnsollne , Turpentine. Axle Grenje. ntc.
Omnha llrnnch nnd Acenclef , John 11. Ttulh M
PAPEK-WOODENVVARE.
arpenter Paper Co.
Printing Paper ,
Wrapping Paper , Stationery ,
Comer 11th and Howard ttrttts.
31 Pant
Woosemvare Co.
Wrapping Paper , Siationeryt
Woodcnwarc.
_ I107 _ HarnevJ5treeL _
STEAM-WATER SUPPLIES.
1OU-1016 Doilcln * Street.
Mnnufncturera and jobbers of Stenm , Gas anil
Water Supplies of All Kinds.
8
iioS-mo Harnev St.
Steam Pumps , Engines nnd Boilers , Pipe ,
Wind Mills , Steam nnd Plumbing
Material. Deltln ? , Hose , Etc.
TOYS AND FANCY GOODS.
Hardy & Co-
Toys , Dolls ; Albums and
FANCY GOODS ,
floueo KurnlrhlnRs , Children's Carriages , Eta.
1319 Kurnam Street.
TYPE FOUNDRIES.
'real ' Western
Superior Copper Mixed Type U th belt on
the mr.rket.
ELECTROTYPE FOUNDRY.
1114 Howard Street.
To be sure there
are others , but
well there's only
one newspaper
and that is the
Omaha Daily Bee.
U . xwrxsv ssO
uin coi.o.vv iniiiDIV < ; , CHICAGO.
Members Chicago Hoard of Trade slnco 1SG2 ,
Grain , Provisions an ! N. Y. Stocks.
Orders Cash nnd Future Delivery Hollcltcd.
Oiualiii Olllcrc' , llnoiii 1 , \ . V , Mfu Hilly ,
. . . . 'I'JllHK ! HUl. . . .
J. CAJll'llKM , ,
E BOVO & GO , ,
Telephone lO.'i ! ) . Omaha , Neb
COMMISSION ,
GRAIN , PROVISIONS and STOCKS
HOAIfl ) 01' THAI ) ! ! .
Dlrert wlrcx tu Chicago anil New York.
Correspondents ; John A. Warren A Co. J
STOCKS. CJHAI.V A.M > IMtOVISIONS ,
"
TI3LKPIJONM l r,3.
'
H. R. PEMEY & CO , , ,
11O Board of Trntlo Bldg. , Omaha , Neb
GRAIN , PROVISIONS , STOCKS
Branch Oulce. 103S N SI.Lincoln. . Nob.
JI.B7llBI.MV4. Jr > ' nllc < > elioulele.nl ( boxed ) , M.75
{ IS.00 , short c ! .ir ulili-j ( buxoU ) , tl.Mfij.to.
\VI11H1CV- Uhtlllen1 llnUhecl j-ooj , jf r eul. .
tl.r.i.
riUOAIlri-Cut loaf. tli.H ; KramilatuJ. J5.il.
On the 1'roiluce i-xchunco toJay the butler mar
ket wan Meaily ; creunu'rlee , lasjlKVic ; dairies u
f(17o. C'lu-i-M , steady , 428MC. Egcrcsli. .
lliio.
Clilcliiiiall
CINCINNATI. Jan. ZZ.-l'I.OUH-Flrin : fan-y.
. ' family 3.W . ' lun-y
Il.SW.i' ) ; , 3.7i.
WHHAT Klrm ; No. 2 red , 95o.
CXJUN'-mi-arty ; No. 2 inlxiid , 25o.
OATH Quiet ; No. 2 mlxocl , 2lif24Uc. )
UYK-Klrmer ; No , Z , < 7c.
I'HOVI8ION8-Ird. quiet. H.MS4.C5. JJuIH
meat * , firm , It. CO. llaoun , llrm , | 5.W.
WHISKY Steady , 11.19.
llinTKK-I.rtwer ! fancy Kljfln
creamery , nci
k
"
Ohio , niSlfcc : dairy , lOc. |
HUaAH-I'lrni ; liaid tellned , JI.1CB6.10 ,
KfHjS I'lnn l lie.
Cimi&U-Flrm ; gooU to prime Ohio Oat , t'4