Omaha daily bee. (Omaha [Neb.]) 187?-1922, March 21, 1898, Page 6, Image 6

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    THE OMAHA DAILY BEE : MONDAY. MARCH 21. 1898.
PRICES OF STOCKS DECLINE
War Scare Unsettles ( ho Market for All
Investment Securities. >
FOREIGNERS RELEASE THEIR HOLDINGS
CanipnrUati nt ( Different Slockii
thnt the Decline Han
llccn Ucncrnl Through
out the Lint.
NEW YORK , March 20. Henry Clews ,
licad of the banking hourc of Henry Clews
& Co. , writes of the situation In Wall
street :
On Saturday last the Block market
reached a crisis. The uncertainty connected
with our telatloiiH with Spain , the exciting
jircpiiiutloriB for war contingencies and the
growing belief thnt the destruction of the
Maine was enured by nn external force had
worked up a feeling of suspense which It
win felt mutt soon find nn explosive ex
pression InViUI street. In thu midst of
this feeling some 00,000 shares of stock
owned In ICutope wcru thrown upon the
market , with the effect of a general fall In
prices of 2 to 3 points , which probably
would have gone further but for large pur-
< : last's to cover "short" contracts. Satur-
day'H prices were the lowest that have oc
curred since the date of the Maine disaster
nnd therefore ? may bu regarded ns the cul
mination of that event up to date. The fol
lowing comparison of prices on February
Ju nnd on Saturday last will show the ex
tent of thu decline since that event :
CloslnR
CloMn ? of of SatDe -
1'cb. 13. unlny. : llne ,
American Sugar 13Si 121H 1714
.Me hi ion preferred 3H4 23 fe %
JlurllnRton & Qulncy IW'j IOT4 21H
Cnnailn Southern Ml 44 10 %
Connollilutcc ) ( Jan lld'.i ' 17414 1SH
Krle 1ft preferred ' .13 911
Central Kleclrlc 3S'l n 6Vi
Loulcvlllp & Nashville . . . . CO 40 14
Mnnliattan 117(4 ( K'-i 22
Metropolitan Street lly. . . . 1CJ 136 % SSU
MIchlKnli Central 113 WA 1314
JiIlHuourl I'ucinc M'l ' 221 10 %
New York Ccntinl lltN , lOd 10 %
Northern Paclllc preferred C6H S"i !
Northwestern 12STJ lM'i US
Otnnhn 77 * K %
J'COplC'H llu
piefeiretl 6114 3 * * 1 $
prefrrrei ] 2V1 , ; 191J
Jiock Inliim !
Ht I'nill OMi K i 10
Tennessee Con I anil Iron , 21 ? ; 17 , * < .
1'nlon ' I'ncllle ( ol.ll. . . . . . . . . 3114 2314 U I
i'riion i'liciiici prererrcil.iii 6114 4714 14
U. S. Ijciithcr picferrcJ , . C.i 6G'i ' , ;
V. S. Huliber preferred , . . 73 W 13
\Vpnlem Unlsn 92 % 8414 M' '
If wo extend this comparison back to the I i
month of January we llnd that the low r
prices reached Inst Saturday show a fall
of 12 points for Now York Central , It ! paints I
for Chicago , Hurlliirton Qulncy , 13 points
for Hock Island , IG points for Northwestern ,
1R points for Union Tactile preferred , 23
points for Manhattan , 30 points for Metro
politan Street Hallway , and other properties
Jiave receded In about the name proportion.
"When It Is considered that , oven In the
< ; vent of war with Spain which Is far from
Ijelng a certainty the development of the
vast resources or this country will continue
to go on ; that the supply nnd demand for
products and manufactured Roods will con-
tlntip just the same as at present ; that the
railroads will not only have their usual
business , but that the transport of troops
nnd provisions therefor will be an addi
tional source of revenue , so that their
prosperous condition , which Is at present
conspicuous , Is not likely to meet with any
perlous derangement. In view of these con-
Klderntlons and of the general conllilence
that If war does occur It will bo short nnd
miecesHful , It scums reasonable to expect
Hint , In spite of war Influences , money will
neek Investment for thn sake of Its
und will not go Into hoard without malting
any return , ns tome seem to Imagine. In
the event of war the absolute conlldencc In
ultimate victory would furnish a bottom
for prices , nnd the mailed might easily be
less affected than It Is now by political un
certainties. It Is therefore a question
whether prices hnve not already fallen suf
ficiently to discount about the worst thnt
Is liable to happen In the now problemati
cal future. The market appears disposed to
take the affirmative side of this question ,
for during the first half of this week there
wan a general recovery of S to 3 points
nbovo the lowest prices of Saturday's
break , nnd London has again become a
moderate buyer of our stacks , notwith
standing the stringency of money there.
I-atcr In the week prices yielded on the re
port thnt the findings of the naval board
of Inquiry would be rendered at the end of
this week. ,
Current events show that In the future
International conflicts arc more likely to
bo foil nht on the sen than on land. As a
result four nations have , within the present
month , appropriated J33S.rOO.000 for naval
purposes Great lirltaln , $119.000,000 ; United
States. J.V,000.000 ; Russia , JC9.C03.000. and Ger
many , IIOO.OOO.COO. These outlays have bc n
very erroneously Interpreted nsi foreshadow
ing disturbance of the "world's money mar
kets , as Interfering with the.negotiation of
corporate loans and a being generally un
favorable to the Investment markets. I can
nee no justification whatever for such ap
prehensions ; they are . 'the1 product of pessi
mistic Imaginations. The outlays of all the
countries , except our own , rolll extend over
a series of years. Those of tBngland nnd
Germany will bo provided for In the ordi
nary course of revenue and therefore will
Involve no borrowing. Russia will gradually
draw her Jf.9,000,000 out of the Imperial funds
now on deposit , and our own appropriations
will bo .provided for out \of surplus cash
> iow In the treasury. Thus none of these
expenditures Involve any Issue of loans ,
while thosv > of Russia and the United Stntc-s
n 111 put 1119.000,000 of money now hoarded
into active circulation , thereby contributing
to case In the 'money markets nnd strength
In the cash resources of the banks.
The home- money market Is amply protected -
tocted against any contingency In connec-
itlon with our relations with Spain. The
amount of the current gold Imports , re
ceived ami to- arrive , now reachea over $23.-
030,000. and although exchange has risen to
n rate which forbids further Importations at
ihe moment , yet our creditor claims upon
Kurope are such ns to place within our
reach further very large amounts of gold
fhould we need It. The1 largeness of our
exports still continues nnd the moderation
of the Imports Is unchanged , so that the
trade account for February , Including gold
nnd flllver. shows a balance In our favoit
of $ l < i,000.000 adding 'further ' to the already
extraordinary flo.itln ? balance In our favor
held In other countries. For the first eight
months of the fiscal year a , balance of ex
ports and Imports * . Including gold nnd silver ,
f hews tias.000,000 to the credit of the United-
States. Making n liberal deduction on ac
count of the net debtor Items outside of
Imports and exports nnd resuming that the
movement of securities has averaged con
siderably against us. there must still now
remain an unliquidated foreign balance In
our favor of very extraordinary dimensions ;
much larger. I apprehend , than Is generally
eupposctf. or than would be. credited If fairly
estimated.
The next stage of Interest In the securities
market will . .arrivewhen the1 naval board of
Inquiry makes Its report to the president ,
which IB nan1 expected to occur about at
> the en > ! of this week. This will raise a
mew phasei of excitement , outside of the
larger question of the final eettlement of
ithe Cuban question , which , whatever Its
purport , must affect the value of stocks
favorably If the report wholly exonerates
Spain ; unfavorably If she should bo found
renponsMble. for the absence , of duo diligence
In the protection of United States property
In her harbor. In the latter case some time
niuft elapse first for the formulation of our
claims and next for their consideration by
Spain , This period must be a strain upon
the public patience , and there is danger
lest It may become so complicate * ! with the
larger question ns to develop unfortunate
phases of popular feeling. We are thus gel-
ting Into the thick , of the complications and
the. material for excitements may become
in or a senIUvo than what has been hith
erto encountered. Under these prospects
the financial markets may be subjected to
the test of at new net of disturbing condi
tions , and wo therefore counsel caution.
The court of Inquiry 05 the Maine dls-
ntter will simply report their conclusions
from the evidence submitted. Then before
a claim for Indemnity against Spain Is de-
onanded the president will most likely sub
mit the. case to this country's best au (
thorities on Jurisprudence. No better se
lection cauld bo made than the following ;
K. J. Phelpii. ex-minister to St. James ; Rob
ert Wncoln , ex-minister to St. JnVnew. and
J. B. Eustls. ejc-mlnlster to Paris. These
three gentlemen have had great experience
In matters of International law by virtue
of the olllclal positions which they have
very creditably filled , nnd their decision
will determine whether or not we liavo a
claim against the government of Spain
which will Involve- the loss of the prop
erty destroyed and a pension for the fam
ilies of the aa men killed.
'London Mnner MnrUrt.
LONDON , March 20. The money market
Is somewhat Improved on political pros-
nccta , but U Is Improbable that rates will fi
recede much ra-hllo the American demand i
for Kold continues. The Stock exchange Is t
keen and became steadier toward the end of .
the week. In many cases prices Improved , f
The situation In the fur cast U considered c
more rcastmrlnir and the pale of high clasa
_ . . . _ . , , . , i
„ ! „ lo tjje ojtnmnd , lor void , has r
,
ceased. A more optimistic feeling In 8pan
lull-American relation * nlro prevails. Ifomc
rnllwhys show a generally fair Improvement
nnd American railways have recovered ma-
tcH.illy on quiet buying here and In Wall
street. The clilt-f Increapes were In North
ern Pacific preferred shares , which rose 3i
per rent : Union Pacific. 3 % per cent ; Nor
folk & Western preferred , lU pur cent ; Den
ver & Rio Grande preferred , 1 J per cent ;
Erie Ists , 1U per cent ; Louisville & Nash
ville , 1U per cent : Northern Piclilr , 1W per
cent ; Union P.iclllc. HJ per cent ; Atcmson ,
Topeka & Santa Fo preferred , 1 per cent ;
Missouri , Kansas & Texas , 2ds , H per cent ;
Canadian Paclllc shares have Improved 2'j
points nnd the rlne In Grand Trunks ranges
from 1 to 2',4 ' per cent. Internationals are"
mostly higher. Spanish securities after a
substantial decline , recovered on the ofllclal
announcement that the April Interest would
be pild. ; Chinese , and Greeks have risen In
view of the new loans. On the other hand ,
Trnnsvaals have been sold , owing to the
political clouds , which have also unsettled
the mining market.
CO.VDITIOX ov XK\V YORK BANKS.
Policy of Contraction Itrlnfrn Henry
llfMlncllann In Sonic MUCH.
NRW YORK , March 20. The Financier
says : Judging from the statement of the
associated hanks of New York City for the
week ending March 19 It will require a
larger war scare than has yet appenred to
put money nt higher rates than have ruled
for a fnw weeks past. Even with less than
J.flOWOO of the Imported gold showing In
tin total , the banks have gained $ ti12&CO
In cash , the npeclc Increase of $ fi,2tl,30i ) hav
ing been offset by n IOHH of $1GSSSOO In legal
tenders , the latter representing In larpe part
the LhlpincntR to the Interior. The posltl n
cf the New York banks at present Is very
strong. Thnv hold an excess reserve of
$2tniXtO.W , as compared with $30,823 , : two
weeUs ags. The policy of contraction , how
ever , has brought about heavy reductions
In several items. Thus the loans if the
barks are now $39,600,000 less than one
montl' ago. Deposits In the same time h.xvo
fallen oft more than $ ,000,000. The loss In
rash , however , has been only $10.000,000 , all
of which has gone to Interior Institutions ,
and the i-r.ciss reserve Is nearly $3,000,0'PO
larger than at the close of business Feb
ruary IThe ! Interior demand has been
rather well xatlsded , but owing to the
cheapness of transfer rates the domestic
exchange quotations are moving almost In
dependently of us-uai factors. As showing
the calmness which prevails It may bo
note , ! lluit Interior banks are again In thU
market ni rut-chasers of commercial paper.
The chr-nges In the totals for the week are
lc"3 limn expected. The loan Item decreased
HV.Cfi',100 , duo to the continued liquidation.
It Is worth mentioning that the decreases
of one 1-ank , winch Is the largest lender of
call funds and also the largest Importer of
sceclf. accounts for $6,000,000 of the total re-
ductlon. Dnposlts have decreased $7,301,500 ,
but the bank which reduced Its loan Item
so heavily figures but slightly In this. There
seems ttj be no doubt that the wales of ster
ling bills have some connection with the
loan j | decrease. It la estimated that at least
j . : > ) .000,000 of accumulate , ! sterling bills are
held , In this city , and any rjpld advance
In money must of necessity lead to con
tinued large Imports of gold. This amount
of doferrcel credits will Increase rather than
diminish under normal conditions , as the
monthly trade balance * In favor of the
United States arc growing , exports showIng -
Ing an expansion and Imports a contrac
tion. Short of actual 'war there seems to
bo no reason for n money market higher
than prevails at present.
CHICAGO .AMI PROVISIONS.
of tlic TrndlMBr and Cl
Prlc-CK nilSiitnrilny. .
CHICAGO , March 19. May wheat broad
ened Into an active market today. An In
sistent demand fiom shorts sent the price
up to Jl.'O ? during the early part of the
session , but heavy sales by Letter broke
the price badly toward the close. Final
prices showed a decline of 2&c In May and
TSfi'Ttc In July. Favorable weather nnd ex
pectations of neavy receipts Monday wera
factors In the decline In both options. Corn
nnd oats both broke with the lute slump In
wheat , corn closing unchanged and oats
ajioittdo lower. Provisions were heavy and
closed DflT'/ic lower.
The opening In wheat was Irregular.
Traders In July rather looked with favor
on the selling side , as the cold wave , which
was expected to follow the rains , did not
materialize and there was apparently no
prospect of any serious drop In tempera
ture. Cables failed to respond to the
strength shown here yesterday. Tills caused
some liquidation In July at the outset , openIng -
Ing prices being at & 3TWSGc , showing Vic
decline. There the market halted. May
was strong from the start. Shorts were
active. Bidders 'for thU delivery , which
opened > 4c higher nt $1.06 , and heavy buyIng -
Ing soon sent prices up to $1.0G % . The de
mand for May nnd the advance In thnt fu
ture soon brought July shorts Into the pit
to protect themselves , heavy buyers of yes
terday coming Into the market again and
the demand became general. The result was
a gradual advance to 8G'/c. Realizing then
set In and a reaction to ECc took place ,
May at the same time dropping to $ l.OC % .
The dropping off In the northwest receipts
was a helping Influence. Minneapolis and
Duluth reported 312 cars , against 375 last
week nnd 412 n year ago. Chicago receipts
were 121 cars , fifty of contract grade. The
day's clearances of wheat and flour from
Atlantic ports were heavy , amounting to
CCO.OOO bu. , but this was. In a measure off
set by the heavy primary receipts , 463,000
bu. Continental markets were steady. The
reaction In both options was of short dura
tion. The demand soon became heavy
again , espjclally in May , the price of
which was sent up to $1.07. July advanced
to S6c Tile advance was well maintained
up to 11 o'clock , when the market began
gradually to give way. Letter's brokers
had meantime been selling heavily of May
at top figures and as shorts became filled
up the demand from this source decreased. a
Liquidation , however , did not become gen
eral until heavy estimated receipts for Mon
day were posted.This brought In a flood
of realizing orders und prices late In the
session broke very rapidly. Letter kept up
his selling of May to the last and probably
disposed of over 1,000.000 bu. In the last
few minutes early buyers became sellers
and with this added weight of liquidation
the market became very weak , though July
did not suffer so much as May. Closing
price for the latter option was $1.03 , July
closing at S3ii < ? S3c.
Up to the last'half hour of the session
corn was slow but steady at a slight ad
vance. Enormous clearances and the
strength of wheat were the Influences. The
late break In wheat brought about free
offerings , principally from yesterday's buy
ers , and the market closed easy. May
ranged from 29'/4&29c to 29V&C and closed
unchanged at 29V4c.
Oats early were flrm. There waa good
general buying , mostly through sympathy
with the wheat strength , nnd prices ad
vanced slightly. Support was withdrawn
when the late decline In wheat took place
nnd prices dropped off. May ranged < from at
25fi2Gc ( to 20o and closed a shade lower
at 25(025c. (
leading futurei ranged as followa :
Articles. . | Open. I HUh. I Low. j-Cloaa | Yest'y.
Wliciil
March. 1 03
Mixy. . . i on 1 07 1 OH 1 03
July. . . 85H-8U
Corn-
May. . . SDK SOU
July. . . 3UVJ
SfUt. . . sm am
Data
Muy. . . 25H-20 2&N 23U $
July. . . 234 23HSK V3H
Fork-
May. . . 0 82V < 0 60 0 824 0 PI )
July. . . U 85 D 87H tf 01
Lard-
May. . . 5 10 0 10 B 07 B in B 15
July. . . 5 15 0 17K B IS a nx B ' . ' 0
Sb'tldb *
Mny. . . It 05 B 03 fi 05 fi 05 fi 10
July. . . 6 12M o 1 ! > W S 10 fi 10 6 IB
No. Z.
O.tFh quotations were ns follows :
FIXniH Dull : winter patents , H.SWS.OO ;
Mrnlithtf ) , n.Wtf-t.W : uprtne siwclals , Ji.JUUu/.O ; o
uprlnK imtenlK. M.7W5.10 ; BtraltIUs , JM'iiM.W ' ;
baker * . I3.COO3.90.
WHUAT Ilakera' . 3.6M3.90 : No. 3 spring , 8S < j >
We : No. 2 reil. S9'4c J1.00'i.
tXmN No. 2 , 2MHjvAi 4c.
OATS No. Z , .cj No. I yellow. SSUGISftc ;
No. i white , t. o. b. , 20i J31c ; No , 3 wnlte , f. o.
b. . JSffSc.
11VK No. 2 , 40'ic.
11AIUKV No. 2. f. o. b. . 34Q4c.
BKEDS No. 1 naxseed , H.1TH : N\V , Jl.lt.
rrlmo timothy we l. K.80.
I'UOVISIONS Mem J < ork. per bbl. , J9.80S9.83.
I-nnl , per im ! ! . . } 5.0S < U.OiH. Short ribs rlJc.i
louse ) , Jl.W35.15.
St.
On the I'roduce exchange today the butter
market wa * rteady ; creameries , IJUUc ; dalrlri ,
10V4 l o. Ohee e , quiet , 8O8UC. Kgs , steady.
frnJi. 9ic ! , Uvo poultry , firm ; turkeys , 7tifc ;
chickens. SGSHc ; d-uckn , ; psc ,
OlnnclivNter Trxtlle Fabric * .
MANCHESTEn. March 20. The pause 5.60
continues , but Inquiry exists , though the
producers nro Independent enough to dis 4.75
regard ) efforts to obtain material conces
sion * fBudnex ) In India dhcotles and simi
lar thing * continues moderate. The home .
trade In also better. Yarns are flrm with a
peed dally business and the spinners are
improving the margin slightly. Germany Is
quiet , but mostly coldl six months ahead.
The French market U quiet , with yarns er
ther lower , .
OMAHA LIVE STOCK MARKET
Week Ends with Light Receipts and Brisk
Easiness ,
SHORT RUN OF CATTLE SOON SOLD
LlmKcil Snpplr of Hccvc IlrlnK
Stcnilr I'rlcFN nutclicm nuil
Stacker * UncliniiKril HORI
Only n Slindc Lower.
SOUTH OMAHA , March 19. Uecelpts for
the days Indlcatea were :
Cattle. HOBS. Sheep. Hoe's.
March ID . 1.IOS 3KQ 1,701 7
March 18 . 2,307 4,708 2.3D9
March 17 . l.jHM 4,730 14,140 !
March 16 . 3,697 4,913 6,355
March 15 . 3,720 6,007 3,011 36
March 14 . 2.1S8 1,620 4iC6 2
March 12 . 2.10S 4.532 796 20
March 11 . 2.4S2 5.942 1.W5 . . . .
March 10 . 2.342 4,697 10,207
March 9 . 2.804 0.251 C.576 47
March S . 2 , ! > 39 6,609 7.SC9 3
March 7 . 3,200 3,176 3.6S4 4
March 5 . 1,137 6,437 1.2VO 66
March 4 . 1,823 6,543 6,245
March 3 . 1,052 6,599 3,763 2
March 2 . 194 6,349 4.833 6
March 1 . 2,779 7,800 4.230 3
Receipts for the week with comparisons :
Cattle. Hogs. Sheep.
Week ending March 19. . 14.884 25,360 32.C6S
Week ending March 12. . 15.876 31,209 30,925
Week ending March 5. . 10,733 35,432 23,39-3
The ofllclal number of cars of stock
brought In today by each road was :
Cattle. Hogs. Sheep. H'r's.
C. M. & St. P. Ry. . . . 1
Missouri Pacific Ry. . 1 2 . . . .
Union Pacific System. 12 10 4
C. & N. W. Ry . 1
l'E. . & M. V. R. R. 12 16 2
S. C. & P. Ry . 1
C. , St. P. . M. & O. Ry 15 4
B. & M. R. R. R. . . . 5 13
C. , R. I. & P. Ry. , e. . 1 4 . . . .
C. , R. I. & P. Ry. , w. . . 1
Total receipts . 46 2 6 1
The disposition of the day's receipts was
as follows , each buyer purchasing the num
ber of head Indicated :
Ruyers. Cattle. Hogs. Sheep.
Omaha Packing Co . 20 616 .
G. H. Hammond Co . 10 283 .
Swift and Company . . . . 247 811 l,6iS
Cudahy Packing Co . 302 1,312 417
R. Meeker & Dcgan . 64 .
Lobman & Rothschilds . . 146 .
Krebbs & Co . $7 .
Hill & H . 55 .
Myers . 169 .
Planklnton , Milwaukee. , 5S6 .
Other buyers . 70 .
Totals . 1,176 3,608 2,093
CATTLE Receipts today , 1.20S head , yes
terday 2,307 , one week ago 2,108 , two weeks
ao 1,137. Although no great run Is ever
anticipated on a Saturday , the market all
the week was so encouraging to shippers
that It was only reasonable to expect pretty
decent receipts. The rain yesterday was
probably in part the cause of the day's re
ceipts being the lightest in two weeks. The
market is > a whole was in good shape and
practically everything sold early with no
appreciable change In values.
Ifoef Steers The must of- the fat cattle
wore not overly good , but there was one
bunch good enough to bring $1.80. The mar
ket was active at Just about steady prices
and the offerings were not long in finding
buyers.
Hutchers' Stock Only a few cows and
heifers were on sale , and as the demand
was good they moved off very readily ut
unchanged prices.
Stock Cattle The few loads of stockers
and feeders In first hands sold early and
the trade was soon over with , no new
features being brought out.
The Week Receipts of cattle the past
week fell a little short of the previous
week's record , but still there waa a. .fair
run. The market as a whole was In very
fair condition and prices paid generally
satisfactory to sellers. The fact that there
was an active demand all the week that
was fully equal to , if not in excess of , the
supply was the real cause of values being
so well maintained. The tendency of cattle
values at other selling points was down
ward and for the week very material re
ductions were made In some cases. At this
point , however , desirable beef cattle just
about held their own. Common and half-
fat cattle , owing to a , falling off In the de
mand for such cattle ifor feeding purposes ,
were not such good sellers ns they were a
while back and prices cased off somewhat
for that reason. Cow stuff sold well all the
week without material change in prices.
Light stock cattle were in active demand
and were quick sellers at very strong prices.
HOGS Hecelpts today. 3,3fiO ; ymterday , 4,70.1 ;
one week ago , 4.H2 ; two weeks ntro ,
5,437. As the market had been Rrnilu-
ally tending upward for several days It
was only natural to look for a eood Sutunlny's
run , but , ns was the cose with cattle , the rain
doubtleaa cut down the number aomewliat.
The market opened with the best hops selling
at just about steady prices. In addition to the
local demand there was fair buying on the part
of shippers , which helptd to maintain prices.
Later on , after the shippers were full , the
market weakened and cloned a shade easier.
The hoRs gold at fj.COij3.SO , as against W.Kff
3.S5 yesterday. There were more loads al JJ.70
than any other price , the same as yesterday , 1'it
there were alxo several loads below that prlcf
today. The nverape of all the sales was unly
HO lower than yesterday.
It can hardly be claimed that the hog market
of the past week watr to the liking of sellers , n
fact made more 'apparent by the falling off In
receipts. The week opened with a brenli In
prlotw , and on Tuesday hogs sold down to the
lowest point touched since February 2. During
the thrco days following values strengthened up
little , so that at the close of the week the
average price was Slie higher than on Moiu < -
and only lc lower than the close of the previous
week. While the demand was equal to the re
ceipts , It was lacking In snap and vigor , to that
Miere waa on Inclination on most days on the
part of the market to close easier ) .
811 EEI' Only six cars of sheep and lambp ,
mostly lambs , were on sale today. The demand
was good and the ofTerlnrs met with ready
takers at steady prices. The wethers brought
14.30 and the lambs 14.65 and Jo. 15. Everything
waa sold and weighed up at an early hour.
CHICAGO LIVE STOCK MARKET.
HOBN Stnrt Ofl9 > Fnirly Well , but Later
Weaken.
CHICAGO , March 19. The limited supply o :
oattlo In the pens today was sold at yesterday's
print ) . The market far moot grades wan almost
nominal. Choice cattle has been scarce nil week
and sell at a substantial premium over short fed
lots.
lots.Trade
Trade In hogs started off at fairly steady prltv ? ,
but the market soon weakened and later MPH !
were S'.JWic lower. lings sold largely nt M..Tj ?
3.95 , the best heavy selling at 4,03 and the com
monest light at t3.HO.
Prices for elieep and lambs were mostly nominal
recent Quotations , uhtep being salable at J3.00fp
3.60 for Olio poorest lots to JI.COS'4.75 ' for good to
prlnm nocks. Yearling sheep were In demand at
ll.SOff5.00 and lambs at IMOffS.OO. Borne 100 Ibs.
new Mexican sheep raised by the Narajo Indians
sold for J4.30.
Itccelpts : Cattle , 200 head ; hogs , 17.009 head :
sheep , ,000 head. .
Cant IliifTnlo Live Stock.
DAST I1UFFAIX ) , N. Y. , March 19. CATTLE
Dull and slow ; fat chipping steers , > 1.CO@I5 ; fat
smooth steers , $1.4 < VR4.EO : conrte and roughs , S3. 75
T4.i5 ! ; light ttcers. H.10fl4.23j choice fat heifers.
$4XiT4.W ; mixed butchers , 44.1W3.CO ; good
butchers' cows , t3.6093.90.
HOOS Yorker * . teed to choice. 4. 1534.20 ;
rough , common to choice , J3.COI/3.SO ; pigs , com
mon to choice , t3.95@4.00.
LAMHB-Chnlce to extra , K.SOffS.SO ; culls to
common. )4.5ftG.GO *
SHEET Choice to selected wethers , JI.SOC4.SO ;
culls to common , I3.UO4.15.
Kantian City I.lvo Stack Market.
KANSAS CITY , March 19.-CATTLE-Tlecclpt .
200 head ; market unchanged from yesterday
ocal trad" only ; Texas stei > rs , t3.2ViM.70 ; Trxar
cows , t3.6W4.SO ; native steers. t3.7SiJ5.40 ; native
> wn and heifers , JJ.I384.rii ; stackers and feed-
em , t3.IIW5.2S ; bulls. > 2.00tT4 5.
HOGS Itecclpts. 3.000 head ; market steady ;
bulk of sales. 3.G5fl3.80 ; heavies , H.7i > 33 01-
rnckers. t3.60S3.K ! > ; mixed , $3.5503.83 : lights , 13 20
f3.70 : Yorkws , 3.G5ff3.70 ; piss. i3.Sff3.IU.
SlIEEI' Hecelpts. l.MO hend ; market steady ;
amtw , | .4&g5.25 ; muttons , t3.COffl4. & ) .
Cincinnati Live Stock.
CINCINNATI. March 19. IIOOS-Actlve and
steady nt t3.2504.00.
CATTLE Strong at t2.75C5.00. (
SIIBKP Steady at J2.7SW4.M. |
UAMliS Strone at S4.C005.90.
Stork In Sight.
Record of r < > celpts of live stock at the four
rlnclpal markets for March 19 :
Cattle. Hogs. Sheep.
maha . I.MS 3SO 1.7C1
Chicago . 200 17,000 S.P'o
Kansas City . l 3,0)0 1,20
. Louis . 00 3.830 yy )
Totals . . 2.COS 27.1M T.JoI
St. LonU Live lilnrk.
ST. LOUIS. March 19. TATTLE Hecelpts , 400
head. Including 150 hrad Texans ; shipments , 300
liwul ; market dull , nominally unchanged ; fair ( o
fancy native shipping and export steeri , Jt.tOB
; bulk of sales. Il.90ff5.15 : drentpd liecf nnrt
butcher Rtcer . t4.00fi5.00 ; bulk of sales.
; steers under U W Ibs. , t3.7O84.33 ; bulk of
salni , t4.008l.20 ; utockera and feeders. t3.5"R4.V > :
bulk of KUee , H.S084.H ) ; cows and heifer * . I1.r > < ?
4.60 ; bulk of cows , t2.60O3.60 ; Trxan * and Indian
teen. t3.70tT4.CO ; bulk of tales , H.fWM 25. with
superior grsdm salable up to tA30 ; cows and
heifers , tt.604tl.40.
HOQS llertlptn. 3 , SCO head : shipments , 3,100
head : market &c lower ; yorkera. S3.75f3.90 ; pack
* . U.n j3.tO ; butcher * . t3.W f4.00.
8HDEP Ileotlvts , (00 haul ; thlpment * . S0
head ; market itlrndyl no Titans on sale ; nntlvi
muttons , tl.OOfH.50 ; lamt s
LINCOLN , March IS. Cotirt met pursuant
to adjournment. Corttlyou against Mc-
Carty , leave to withdraw motion for re
hearing ; Ackormarf ° 'Against ' Ackerman.
leave to withdraw iiolon ; ( ; Deshler against
Sagchorn , dismissed ; * . 'Walters against Wiley
( two cases ) , dlsmfs Xd unless plaintiff
serves and files briefs' In twenty days ;
Sylvester against CnWcpter Paper Company ,
Godfrey against Lybnft.1 Eddy against Klm-
crer and Hawver agnlngt Parkway Heal
Estate Company , tears to file briefs in-
stantcr ; Itowo against Grllllth , leave to flic
briefs as per stlpulatlbij ; Omaha Loan and
Trust Company 9aylpgs Uank against
Wolfe , leave to fllei briefs Instanter ; Sewcll
against Union Central Life Insurance Com
pany , death of plaintiff suggested ; Provi
dent Life and Trust" Cofnpany against Ken-
Iston. stiperscdcas vacated unless additional
security Is given within llftecn days ; Hatch
against Bcantland , Englehart against
Sprague and Stevens and \VIIcox , alllrmed ;
Lincoln Street Hallway Company against
Shugart & lloltze , dismissed unless secur
ity for costs be given by March 16 : State
ex rcl Savage against Lctton , leave to
docket ; First National Bank of Hastings
ngnlnst Farmers' and Merchants' Bank of
Platte Center , reargumcnt ordered.
March 10. William Mulvaney , esq. , was ad
mitted to practice ; Lincoln Street Hallway
Company against Shugnrt & lloltze ( two
cases ) , dismissed ; Moore against Webber ,
motion to nlllrm overruled ; Dltson Society
against Kitchen ( three cases ) and Ualley
against Heach , nfllrmed ; Palmer against
Missouri Pacific Hallroad Company , motion
to quash bill of exceptions and dismiss
overruled ; Home Fire Insurance Company
against Weed , Wittenberg against Molly-
neaux. Jackson against State ex rel. Ma
jors and Ogden agitlnst Hosenthal , ad
vanced ; Phoenix Mutual Life Insurance
Company against Brlscoe , Smith ngnlnst
Beddco , dismissed unless appellants serve
and llle briefs In twenty days ; Draper
ag'.ilnst Taylor and Johnson against Pulver ,
motions to dismiss overruled ; Dalbow
against Farmers' Loan and Trust Company ,
nttlrmed and mandate ordered ; Fogg against
13111s , Spacht against Custer County , leave
to llle additional transcripts ; McCon-
naughey against McCnrt , motions to quasi !
bill of exceptions and altlrm overruled ; dis
missed unless appellant serves and files
briefs In twenty days ; Chicago , Hock Island
& Paclllc Hallroad Company against Col
lier. leave to llle briefs as per stipulation ;
Stull against Hcgler , bill of exceptions
quashed as to Bank of Henderson ; Mnc-
fnrlnnd against West C'-Je Improvement As.
soclatlon , rehearing allowed ; Dltson Soci
ety -against Kitchen ( three cases ) , motions
to vacate Judgment of afllrnmnce sus
tained ; State npalnst Bank of Bhubcrt ,
Holt County against Scott , Halmes against
Dovey , " Oldlg against Flsk , Llnton against
Cooper , Hoefer against Langhorst , Van
Etten against Medtand. Horkey against
Kendall , Motlet against Motlet , Cortelyou
against McCarthy , Sloan against Fist ,
Friend apalnat Burlelgh , Cleghorn against
Obernalte , Olsen against Jacobsen , Harris
against Burton , Palmer against Missouri
Pacific Hallroad Company , Thompson
against Tnompson , Sharp against South
Omaha , Carrall against State , Troup against
Horbach , Mills against State , Interstate
Savings and Loan 'Association against Aul-
Kor. Chicago , Burlington & Qulncy Hall-
road Company , rchearlngs denied ; Kendall
against Selby , motion for order correcting
mandate overruled.
March 17. Watson agiilnst Day , Union
Savings Bank against Trester , Buller
against Thayer County , Hunkln against
Bydalek and National Life Insurance Com
pany against Parker , dismissed ; Thompson
against Kyner , Kyner ag-alnst Avery , Gib
bens against Kyner and Thompson against
Thompson , rehearlngs denied ; Life Insur
ance Clearing Company against Altschtilcr
and Hartley against State , rehearlngs al
lowed. Court adjourned till April 5 , when
the following cases will be called : HotnJlng
against Tccumseh National Bank. Farmers'
Mutual Insurance Company against Home
Fire Insurance Company , Wyatt-Bullard
Lumber Company ' 'against Bouke , Atkins
against Secley , Oleson against Lamb ,
Barker against Potter , ' Andrews against
Kerr , Cleland against Hamilton Loan and
Trust Company , Stull against Miller , JaegRl
against Galley , Home Fire Insurance Com
pany against Dects. Lewis against Lin
coln , Boise ngnlnst Kautter , Glllilnn npalnst
Hayden , Sanderson against Gregory ,
Staples against Arlington State Bank ,
3 ma ha Savings Bank against Phillips , Gus-
tln against MIchelHcn , Munro against Callahan -
han , Cole against Blair State Bank , Stevens
against Kirk , Johnson against Flnlay , Kelsey -
sey against Klabunde , Beatrice Savings
Bank against Chautauquu Assembly ,
Bloomfleld State Bank against Miller , Hu-
sennetter against Gulllkson , Charter Gas
Engine Company against Coleridge State
Bank , Fellers against Fellers. Lnuer against
Brown , Johnson against Bartek , Field
against Morse , Omaha National Bank
against Fay , State against Robertson ;
State ex rcl Ream against Leldtgh , State
against Bank of Commerce , Cox against
Board of Fire and Police Commissioners ,
Home Fire Insurance Company against
Weed , Wlttenberjr against Mollyneaux ,
MoVey against State , United States Na
tional Bank against deer , Estate of Wlttc
against Carson , Estate of Wltto against
Lederer , German National Bank ng-nlnst
Farmers' and Merchants' Bank.
Decisions were rendered In the following
cases :
Nebraska Wcsleyan University against
Craig. Appeal from Douglas county. Dis
missed. Harrison , C. J.
An appeal In the strict sense of the term
or as distinguishing the designated procedure
from one In error or by petition In rror ,
will neb generally He to this court from an
nferlor court Jn a le al op law action
Nelmeyer Lumber CcmTiany against Bur-
Ington & Missouri River Railroad Company.
3rror from DougHs county. Afllrmcd. Rngan ,
C. ; Norval , J. . dissenting-
1. Where delivery of iproperty sold Is to
: ako place 19 .to bo determined by the conTact -
Tact between the vendor amV. vendee
2. If the contract between .the parties ex-
iretsly provides that delivery shall be made
it a certain place then the vendor's ! title to
ho property is not divested until delivery
s so made.
3. Where the contract between a vendor
nrul vendee 1st silent upon the subject of the
> lace of delivery then the delivery of the
> rcperty bv the vendor to a carrier for
ransportation consigned to the vendee dJ-
vcsts the vendor's title to the property and
he vendee's title from the moment of ouch
lellvery to the carrier attaches.
4. In such a care the carrier Is In contem
plation of law the bailee of the person to
whom an < V not by whom .the . goods are con-
itgned. *
5. Where a vendor of goods dcllversi theme
o a carrier for transit to his vendee and
causes the poods 'to bo consigned In the bill
of lading t < \ 'himself ' , his agent or his order ,
he presumption arises that ho thereby In-
ended to retain the title In himself to the
goods. ( Per Hagan , C. )
6. Where a vendor of goods delivers theme
o a carrier for transit' and causes his ven
dee to be named In the bill of lading as the
consignee of the poods thu presumption
nrU < > s that the vendor by that ict Interned
ho title to fho goods to vest In the vendee
on their de'ivery to the carrier for ship
ment. ( P r Ragan. C. )
7. The prepayment of freight by a vendor
on goods sold and Shipped to , hls vendee Is
> rlma fnclo evidence of an Intention on the
iart of the vendor to retain the- title , to the
; eoclH while In transit. ( Per Ragan. C. )
8. The contract between a vendor ana
vendee pet out In the opinion construed and
held (1) ( that the delivery of the property
old took place nt the place , of shipment and
hat the title to the property vested In the
cndco on Its delivery fry the vendor to thef
arrler for transit to the vendee. ( Per Ha-
an. C. )
0. In order that a vendor of goods may ex-
rclso the right of stoppage In transltu. It Is
SFenttal that tli9 poods at the time bfl In
ranslt from such vpnilor to his Immediate
endee. ( Per Ragan. 'C. ' ) . . . . - ,
10 D of Omaha ordered a bill of lumber
f S of Dallas. Texas. S not havlnir the
imbtr in stock. Kent the order to N at
Waldo. Arkansas , requesting him to s > hp ! th
umber to D at Omaha on. acocunt of S and
end him the Involcfe and bl'l ' of lading. ThlfS
was done- . While ttto lumber was In transit
failed and N noXjfled the carrier In pos-
esslon not to deliver the lumber. The car-
ler delivered to D. tno consignee , and N
tied thr carrier for conversion. Hold (1) ( ) that
id transaction amounted to a sale and de-
very by N to S at Wiildo ; (2) a rerale and
ellvery bv 8 at AVaMo to D ; (3) ) that the
imber when It left Waldo waa not In
transit from N to S.f but from S to D ;
(4) lhat N was not I > ! B vendor , but con
signor merelv and , ' cou'd not exercise the
right of stoppage In 'transltu. ( Per Ra-
Unland against OfrCormlck Harvesting-
Machine Conrpany. Error from Lancaster
county. Alttrmed. Irvine. C.
A contract between a harvesting- machine
company ami its scents for the sale of Its
machines on commission , provided that the '
agents should settle for all machines sold
either bv cash or bv note at the- time of
their delivery , and If the agents should de
liver any machine for use In th ( field or
permltl its use before It should bo fully paid :
for liy cash or note , the agent should bo
liable for Its price. Itwas also provided '
lhat all notes should bo made paya
ble to the order of the company and [
that all moneys or notes ehould bo received
as Its agents and remitted to it. A form
of contract whereundcr the machines were
sold provided that If after onn day's trial
they did not work time should be allowed
to send a person to put them In order. If
they still did not work well they might be
returned and thn purchase money would
be refunded. Held , that the trial contem
plated by the sales contract was to bo after :
the machine had been paid for or notes
JOBBERS FIND
FINDOK
OK OMAHA.
AGRICULTURAL IMPLEMENTS.
Parlin , Ortndorff
& Martin Co
Jobbers of Farm Machinery.
Wagons and Bucctts - Cor. Ith and Jon * * ,
ART GOODS
Hospo
Picture Moldings.
Mirror * , Frame * . Docking and Artla'jT '
Materials.
BOOTS-SHOES-RUBBERS ,
H merican Hand
1 V Sewed Shoe Co
M'frs | Jobbers of Foot Wear
WESTKDN AGENTrOH
The Joseph Bonigan Rubber Co.
r H. Sprague & Co. ,
Rubbers and Mackintoshes.
1107 Howard St. , OMAHA
F.PKirkendall & Co
Boots , Shoes and Rubbers
Stttsroomj 110M104-11M Ha.-ney Strett.
7 T. Lindsey ,
S *
RUBBER GOODS
Owner of Chief Brand Macklntoche
M orse-Goe Shoe Co
Boots , Shoes , Rubbers ,
AT WHOLESALE.
Office and Salesroom 1113-21-23 Howard St.
BAGS
Omaha Bag Co
Importers and Manufacturers
BAGS
614-16-18 South ulh Street
BAKING POWDER EXTRACTS.
r arrell & Co !
SYRUPS ,
, Sorghum , etc. . Preserves and Jellies.
Al o tin cnna and Japanned warei
CHICORY
he American
T
Chicory Go.
Qrowen and manufacturers of all formi of
Chicory Omaha-Fremont-O'NelL
CROCKERY AND GLASSWARE
H * H , Bliss ,
Importtr and Jtttor
Crockery. China , Glassware ,
Oliver Plated Ware , Looking Glasses , Chan *
* ' . . " ' -
'amps. Chlmneya. Cull
1410 FAUNAM ST.
CREAMERY SUPPLIES
The Sharpies Company
Creamery Machinery
and Supplies.
Boilers , Knglnen , Feed Cookers. Wood Pul
leys. Shafting , Belting , Butter Pack-
aso of all klndi.
07-909 Jones St. - - - - - -
DRY GOODS.
E , Smith & Go.
taporteri aud Jobber * of
Dry Goods , , Furnishing Goods
AND NOTIONS
given for the purchase money nnd that
tho. agents were liable for the price of ma
chines delivered for such trials without
Ilrst taking the money or notes.
Tukey against Omaha. Appeal from
Douglas county. Afllrmed. Irvine , C.
When the governing body of a municipal
ity Is authorized by a vote of the people ,
und only thereby , to Incur a debt for a
particular purpose such purpose must be
strictly followed and the terms of the au
thority granted must bo atrlctly and fully
performed.
2. A proposition was submitted to the
electors of a city , and by them adopted , to
Issue bonds for the purpose of securing a
site for a market place nnd erecting there
on a market house. The proposition con
templated the purchase of land for that
purpose. Held , that the erection of a mar
ket house on land already owned by the
city and used as a public part was a sub
stantial departure from the terms of : the
vote und was unauthorized.
3. A resident taxpayer , showingno pri
vate Interest , may maintain a suit to re
strain the governing body of a municipality
from nn Illegal disposition of the public |
money or the Illegal creation of a debt
which must be paid by taxation.
Horbach against Smiley. Appeal from
Douglas county. Reversed. Norval , J ,
1. A dormant Judgment la not a lien upon
Lho lands of the Judgment debtor.
2. A judgment revived la a Hen from the
late of the order of rcvlvor.
3. The homestead law In force when the
lebt was created Is applicable to proceed-
ngs to enforce the judgment rendered
4. Under the homestead law of 1S67 a
Judgment la a lien on the homestead , but
won lien cannot be.enforced by execution
10 long as the premises are owned and oc-
upled by the Judgment debtor.
5. Tne existing homestead net exempts
'rom forced sale upon execution or attach
ment a homestead not exceeding In value
2,000 , and a Judgment while the premises
ire Impressed with the homestead charac-
er la not n lien thereon , even after their
ialo and abandonment by the debtor ,
6. Under the present homestead law n
ludgment Is a lien merely on the debtor's
nterest In lands occupied aa a homestead
n excess of J2.COO.
7. In marshalling the liens herein judg-
nents should bo given priority according
o the date of the respective liens.
Penn Mutual Life Insurance Company
DRUGS.
Pichardson Drug Co.
go2-oo6 Jackson St.
J. 0. niCHARDSON , Pre toflsto
q F. "WELLER , V. Treat. *
T he Mercer
Chemical Co.
il'f'rt Standard Phonitaaeuttcal I'reparo-
tiont. ttptHal Formulae frtparetl to
Ureter. Send for Catalogue.
lbor torr , 1111 Howard 6t , Omaha.
E. Bruce & Co.
Druggists and Stationerst
"Queen H e" EpecliUlef.
Ctcari , Wince and Ilrandlei ,
Oomtr 10th nd Hurney strctta ,
ELECTRICAL SUPPLIES.
W estern Electrical
Company
Electrical Supplies.
Electric Mining Dolls nnd Gas Ll > : litln
O. W. JOHNSTON. Mgr. 1510 Howard St. "
U/olf Electrical
vy Supply Go
WHOLESALE AND IlETAIL
ELECTRICAL SUPPLIES
1IM Famam St ,
FRUIT-PRODUCE.
& Co ,
WHOLESALE
Gjmmission Merchants.
S. W. Corner l"th and Howard StB.
Membera of the National I
nsue of Commit-
Ion Merchant ! of the United State * .
GROCERIES.
M cCord-Brady Go.
13th and Lcnvcnwortli St
Staple and Fancy Groceries
tU AND COFFEE ROISTERS , Etc.
eyer & Raapbe ,
WHOLESALE
FINE GROCERIES
i ' I Teat , Bplcea , Tobacco * nrCljir * .
' I 1403-1407 Harney Bircit.
and
Paxton Gallagher Co
GAM COFFEE HOASTEUS
AND JOBUINQ QUOCEIIS.
Ttltpbon * ISS.
HARNESS-SADPLERY
J * HHaney&Co.
Sl'frf
nARltISSSt B A DDL KB AND COLL A KB
Jobber * of Leather , Saddlery Hardware , Ete ,
Wo solicit your orders. 1315 Howard Et
HARDWARE.
Rector & Wilhelmv Co
Wholesale Hardware ,
Omaha.
L ee-Glark Andreosen
Hardware Co
Wholesale Hardware *
Bicycles and Sporting Goods. iaiO-a.l-28 Bar-
1107 street.
LIQUORS.
Piley Brothers ,
Wholesale
Liquors and Cigars *
1118 Furnarn Street.
against Crelghton Theater Building Com
pany. Appeal from Douglas county. Af-
tlrmed. Sullivan , J. , Irvine , C. , dissenting.
1. Judicial sales must bo conducted by the
sheriff or other person authorized by the
court.
2. Ono who Is designated In a decree of
foreclosure as a special master commis
sioner to make a sale of the mortgaged
premises cannot lawfully delegate hlB au
thority to another.
3. It Is the duty of thn district court to
confirm a judicial sale of mortgaged prem
ises only upon being satisfied that the sale
has been made In conformity with law.
I. When the records of the court conclu
sively show that the sale was made by an
unauthorized person the court may set such
sale aside on Its own motion , and this It
may do although the officer's return does
not disclose the Irregularity und la not di
rectly assailed.
Saundcra agnlnst Bates. Error from
Douglas county. Afllrmed. Norval , J.
1. Objection to a bill of exceptions be
cause It was not presented for examination
nnd amendment In thu statutory period ,
made for the first time In the appellate
court nearly two years after filing trans
cript , and after service of briefs upin the
merits by the party seeking the reversal ,
comes too late.
2. Possession of a negotiable note , duly
endorsed by the payee creates a presump
tion of title thereto In the holder.
3. The note , sued on was executed upon a
sufficient consideration.
Richardson Drug Company against Mey
ers. Appeal from Douglas county. Afllrmcd.
Kagan , C.
1. The test of equity jurisdiction Is the ab
sence of an adequate remedy at law. Hut on
ndequatn remedy at ilaw 1 one that la as
fiructlcalilo and efficient to the' ends of jus
tice and Its prompt administration 0.1 the
remedy In equity. I
2. Kvldonco examlnedi and held to sustain
the flnulngs of the district court. i
Box Ilutto County against Drlscoll. Krror
from Box 13utto county. Ilcverned. Sulll-l
van , J. I
1. An nppeal from an order of n county'
board , ollowlmr a claim against the county ,
brings the mutter to the district court for
.trial . do' nove. I '
2. In 'n. case , appealed from an order of
a county board Issutw nhould be Joined In
the district court aa In cases appealed from
Justices of the peace. t i
I. In a cate appealed from an order of o.
LIQUORS.
* *
Walter Moise & Co
WHOLKSAt.B
LIUORS.
fZS
Proprietor ! of AUKIIICAN riQAH AND
WAItK CO.
SH-MB south nth ct.
i
fler's Eagle Gin 1
East India. Bitters
dold n Sheaf Pure ny and Bourbon Whliker-
Willow spring * Ulitlllcry , Ilir * C * , , 1111
llarney Street
Prick & Herbert : ,
Wholesale
Liquor Merchants ,
_ 1001 Furnnni StrcoU
John Boekhoff ,
WHOLESALE
Wines , Liquors and Cigars ,
411-418 & Uth OtrNt
LUMBER
hlcago Lumbar Do.
WHOLESALE
DUMBER . , .
814 South 14th St.
amilton Bros ,
PLANING MILL , .
Manufncturera of doors , ? a > h. blinds , enc ( .
More nnJ saloon ilxtutec. Kctlmitcs furnUhcJ
on any Idnd of mill work.
Tel. 1-79. Jtlll 2Sth anil Davenport St .
OILS-PAINTS
and Paint Go.
MANUFACTUnEHS
Air Floated Mineral Paint
And ralnt ? of All Kim ! * , Putty. Eta.
U15 and 101T Jonci St.
C tendard Oil Co.
O
J. A. Moffet. 1st Viet Pres. L. J. Drake , den MM
\J J MO
Gatc'.lnp. Turpcnt.ne , Axle Gre.ine , Etc.
Omnha Branch ami AgenclcB , John D. Ruth Mffr.
PAPEK-WOODENWARE.
Carpenter Paper Co.
Printing Paper ,
Wrapping Paper , Stationery ,
Corner Utb and Howard strMU.
STEAM-WATER SUPPLIES.
rane-Churchill Go.
IOI4-10l6Doucl s Street.
Manufacturers and Jobbers of BtMm. On ant
Water Supplies of All Kinds.
[ nted States
u Supply Co. . .
it08-1110 Harney .SV.
Steam Pumps. Engines and Boilers , Plp %
Wind Mills , Steam and Plumbing-
Material , Beltln ? , Host , Gtc.
TYPE FOUNDRIES
r real Western
° Type Foundry
Bnpcrlor Copper Mixed Tjrp * U tb * Wit on
Uw mjket.
1114 Howard Strett.
For an up-to-date
Western Newspaper
Read The Omaha Bee
JAMES E B9YD & CO , ,
Telephone 1039. Omaha , Nc'j
COMMISSION ,
GUAIN , PROVISIONS and STOCKS
BOARD OP TRAD1 ! .
Direct wre | to Chicago ana New York.
Corrnponjenln John A. Warren * Co.
TELEPHONE ) 1033. * |
H. E. PENNEY & CO.
11O Board of Trade Elder. , Omaha , Neb
GRAIN , PROVISIONS , STOCKS
Branch. Offlre. 1C3S N St. . Lincoln. Neb.
county board disallowing a claim the dis
trict court cannot lawfully render judgment
against the county without pleading * beltiff
filed or nl trial had.
McAllister against Uyrncr. Rrror from
Hall county. Reversed. Ryan , C.
Ordinarily one who hsu lx. > en In the actual ,
open , exclusive and uninterrupted possession
of real estate for ten years thereby acquires
abroluto title to the same.
Western Apsuranco Company against KIN
patrlck Ilrltish American Assurance Com
pany agnliiHt Kllpatrlck. Krror from Douglas -
las county. Alllrmed. Sullivan , J.
1. Id ts not. nn abuse of discretion for thn
district court to rcfuxo to permit an amended
nnsAtr , 'presenting a now defense , to bo Hied ,
at the time u case Is called for trial , where
It ni > pear that the , Tacts embraced In th '
proposed amendment were known when thai
original answer was filed , and no excuse la )
offered for the delay In making the applica
tion for leave to umend.
'i. A chattel mortgage which remains In
the posst'RHlon or under the control of thn
mortgagor may , without actual delivery ,
create a valid lien on the property therein
described , If the parties to the Instrument
Intend that It shall have that effect. Hut
such Intention -will not bu presumed and ]
where thn uvldenco bearing upon the ques
tion Is substantially conlllctlnK of equivocal.
the flndlny of thu trial court that no lit *
was created , will not b disturbed ,