Omaha daily bee. (Omaha [Neb.]) 187?-1922, September 19, 1898, Page 6, Image 6

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    o THE OMAHA DAIL.Y . BBT5 : MONDAY , SEPTEMBER 10 , 1898.
BUOYANT FEELING DEVELOPS
Blocb in Wall Street Show Quito a Tendency
to Bine.
MONEY SITUATION IS BETTER UNDERSTOOD
Exiirctnllon of Srliin ' "cj HUM Virtu
ally Dlnniiiirnrri ! mill n llcnutloii
Tounril Itrltcr C'omlltloiiH
In I , < mUcil I' < ir.
NEW YOIIK , Sept. 18. ( Special. ) Henry
Clews , head ot the banking house of Henry
Clews & Co. , writes :
' The last \\cck nan developed a more buoy
ant feeling In Wall street circles. The
money situation , which had encouraged the
recent tilling of stocks , Is becoming better
understood , and the expectation of strin
gency has virtually disappeared. This ob-
Btacln being removed , there was nothing to
prevent n , general reaction toward better
comlltloriH. The "bears" had succeeded In
_ k * breaking prices to a level of comparative
' * ' cheapness ; the market was freely over-sold ;
r't- and thcru wore tmbstantlal operators ready
to take In Important lines of stocks when
A they were satisfied that the bottom of val
h' ues had been touched. The general drift
of events during the week has tended to
warn the "bciirp" to cover and the "bulls"
'to buy. Sterling exchange has fallen to the
gold Importing point , and some considerable
engagements have already been made for
shipping the metal to this port. Tlicro has
also been some easing In the tates for money ,
consequent 'ipon offerings from out-of-town
sources , and It has been accepted as a good
symptom that the new bonds arc being taken
up m.orc rapidly. On Thursday the treasury
placed JS , 000,000 of cash on deposit with
city banks , against security of bond allot
ments. Alto , the monthly official statement
of foreign trade showed that our excess of
exports over Imports continues with but little -
tlo abatement from the extraordinary pro
portions of several months past. This suc
cession of encouraging events has changetl
iho lone of business at the stock exchange
and encouraged buying , and at the moment
the Indications point to a prolonged con
tinuation of activity.
The money market has verged upon a
Eomcnhat critical condition , which had not
been generally anticipated. At the begin
ning of July the associated banks held about
$2.10,000,000 of specie and legal temleis , and
the surplus reserve Blood at $61 , 500,000. This
extraordinary accumulation of lawful money
was regarded as placing the banks In un
unusually strong position for meeting the
autumn demand for Interior crop movements
ninl the expectation of an unusual plethora
of loanable funds until the end of the year
was quite general. The local stock of money
hod never been equalled but once , namely. In
February , 1894 , when we were In thu mliM
of the great reaction from the liquidating
process consequent upon the panic of 1893
Under such conditions few anticipated that
by the middle of September the New York
banks would have their attention attracted
to the condition of their reserves ; and yet
Biirh Is the fact. Tholr sto-k of lawful
money has fallen from J230.000.000 on July
2 to $190,000,000 on September 9 , and their
surplus reserves from JG1 , 500.000 to $7,000-
000. This decrease Is In only a small de
gree due to the usual fall shipments of money
to the Interior ; for this year they have so
far been almost nominal , amounting , up to
last week , to not more than three or four
millions. The explanation of the position
Is to bo found almost entirely In our war
finances , and more especially In the pay
ments on account of the $200,000,000 loan.
The payments already made to the treasury
on this operation amount to about $100,000-
000 , and coiu'lderably more than half that
Bum has been temporarily advanced by our
local banks to Institutions In the Interior
for making these settlements. This has Im
mensely swelled the bank loans ; but It
must bo remembered , as an offset against
that factor , that the banks are free to call
upon their Interior correspondents at any
moment for the liquidation of these ad
vances. The now outstanding advances on
this account are understood to present a very
largo aggregate ; but the larger It Is the
larger their ability to accommodate local
wants by calling In these outside loans ; and
( his factor gives an ample security against
the present situation running Into anything
like a troublesome stringency. These facts
really constitute a strong situation for the
local banks ; for If their reserves ore com
paratively low , they have the means of
amply replenishing them promptly In the
event of need. It may suit the convenience
of the Interior banks to employ at a higher
rate of Interest the funds they have thus
procured at the lower metropolitan rates ;
but 'they ' are amply able to liquidate the
advances on demand , as the amount of money
In that class of banks Is now very unusu
ally large ; and for that reason also the de
mand for money for crop movements Is
likely to bo exceptionally light this year ,
It is also to be kept in mind that the dis
bursements of the treasury must continue
abnormally largo for some time to come , by
which the money drawn Into the treasury
will bo gradually returned to public circu
lation or to the banks. Another point fa
voring an early return to comp.iratlvo ease
In money IB the resumption of imports of
gold. The engagements of that nature al
ready amount to about $5,000,000 ; and as the
August evports of merchandise exceeded the
Import * by $35,000.000 It Is plain that the
trade balance Is likely to keep foreign ex
change close upon the gold-Importing point
for some time to come. Under these condi
tions there Is nothing In the present condi
tion of the bank reserves to make even nerv
ous borrower : * uneasy. Wo are plainly on
thn way toward a long period of .comfort
able ease In money.
The following official statement , showing
the course of the Imports and exports of
( ho United States for the first eight months
of the calendar year , will show the extent to
which this country has recently strengthened
Us financial position from Its commercial
operations with other countries :
Merchandise IfOS. 1S97. 1S9B.
Imports . H : < U12OTS J5'6t25.777 : $471.232.299
Exports . 77SCT4,025 611,087,330 BSO.830,792
Excess of
exports . . , $112,261,987 $ 95,371,553 $109.698,493
Oold-
Imports . $1020S7 , l J ll.SS7.ffil $31,902,137
Exports . 9.C79.113 32,542,059 66,893,492
Excels of
imports . . . $ 92,408,718 .
Excess of
exports . $ 20C53,003 $21,993.335
Silver-
Imports . $ 19$13,5 < tt $ 20.7Wifi31 $ 19.7in.922
Exports . 31,281,397 3S.024.196 41.330.893
Excess of
exports . . . .J 14.467,831 $17,227,563 $21,019.971
The exports of merchandise have ex
ceeded the Imports by $352,000,000 , while for
the sanio months of 1897 the surplus was
$93,400,000 and , in 1896. $109,700,000. The
creditor , tnlanco of this year has been set
off by net gold Imports amounting to $92-
400,000 , leaving a net creditor balance , on the
commercial account , of $259,800,000 , or at the
rate of $346,400,000 per annum.
As an Indication of the. money strength
of the United States government , the follow
ing statement Is presented , showing the offi
cial count of cash In the treasury at the close
of business on September 13 , 1898 :
Oold coin nnd bullion . $239,379,230
Silver dollars nnd bullion . 8.23J.833
United States notes . 60,022,126
Other nssetx In excess of demand
liabilities . 18,081,793
Available cafh balance Including
gold reserve . $316,316,982
It has rarely. If ever , been the good for
tune of a government to clew a costly war
with $316,000,000 ot cash , and 76 per cent
fe of It In gold , In its treasury.
lt
iiil KrvlKlit Shipment * .
CHICAGO , Sept. 18. Kastbouuil ( shipments
for the week , 67,216 tons , against C2.113
tons for the previous week , and 62,789 tons
for the corresponding week last year. The
Lake Shore led with 9,454 tons. Other roads
carried : Michigan Central , 4.882 ; Wabash.
4,528 ; Panhandle , 7.447. Fort \Vuync , fi.MO
Daltlmore & Ohio 3,172 ; Crank Trunk , 5,44 ;
Krle , 7,258 ; Nickel 1'lutc. 6,110 ; Dig Vow ,
2,927.
I.omlou Money MnrUct.
LONDON , Sept. 18. The markets were
choppy and Irregular during the week Just
ended owing to the talk of gold withdrawals ,
the Cretan troubles , the news from Fashoda
and the presidential crisis In Paris , which
checked an upward tendency that seemingly
ftas about starting , American securities were
the strongest feature , New York operators
having apparently taken the market In hand.
The feature of the trading was a sharp rally
Itxl by Berlin buying Northern Pacific. This
was followed , however , by a relapse In
Union Pacific ordinary of % of a point.
Union Pacific preferred nlao declined \Vt
point , Southern preferred l'J. Chicago , Mil
waukee & St. Paul preferred < A , Missouri ,
Kansa.i & Texas 3-8 , Southern Pacific pro-
fcried 3-8 , Loulsvlllo & Nashvllln't. . Penn
sylvania ' ,4i Heading ordinary Vi , nnd Atcli-
Isi.ii , TopcKn & Santa Fe and others 1-8.
Dattlmon * & Ohio shares were one point bet
ter at 45 % . Discount rates hardened to 1 7-8.
Money was easy at V4 to * i ror cent until
Monday , and then was quoted Vi to % per
cent.
JO.MUTIO.V OP MSW YMIIIC IIA.MCS.
lrnpltt > llriivj SlirlnkiiKcn In IU
Norton ( In * Slliindon IN lniiroIIIK. .
NEW YOIUC , Sept. 18. The Financier
Bays :
Despite n loss of over $11,000,000 In cash
to the treasury and to the interior last week ,
the surplus reserve of the associated batiks
bhows a shrinkage of only $2,836,875 , mak
ing the excess above requirements $4,424,400.
The statement In thu face of known facts
must bo regarded as favorable , although the
banks seem loaned to their limit. The
operation by which a heavy drain that nor
mally would have left the banks without any
surplus reserve has been completed Is very
simple. Loans have been contracted amountIng -
Ing to $12,130COO.
This , with the loss of $7,795,000 specie , re
duced Iho deposits $19,834,500 , making the
luss In thl * Item alone about $40,000,000 In
two weeks. Loans In the same tlmo have
fallen oft more than $18,000,000 , but as show
ing the effect of the payments of new bonds
on New York banks It may be stated that
the aggregate deposits of the bunks arc now
$65,000.000 lower than on July 16 , while loans
are actually $14,000.000 higher. This , of
course , has resulted In u heavy contraction
of reserves , the IOHS In cash approximating
between $36,000,000 and $57,000,000. The prin
cipal causes which led to thh drainage fire
now ending , and the trouble will bo allevi
ated by treasury operations. New York In
stitutions have added six or seven millions
imbllc deposits within the week. Only about
$2,000,000 of the next bond Issue remains un
paid and this will be collected In Install
ments. On the other hand gold Imports re
ceived or arranged amount to $7,000,000 , cx-
cli'slvo ' of Australian consignments and the
firm rate prevailing hero has brought con
siderable cash from surioundlng cities. The
net loss to the Interior last week did not
exceed $2,000,000 , which Is very much under
the average at this season and the ship
ments will continue small for some time. It
li : not a scarcity of money that Is , a lak
of per capita circulation which has caused
the present state of affairs , but rather the
adjustment duo to temporary treasury ab
sorptions.
This factor , happily , Is being eliminated
and with the next few weeks will have dis
appeared. If there was apprehension other
wise , money would not bo freely offering
today In the principal cities under 4 per
cent. New York was a dear money market
last week , simply because the greater part
of the work In connection of the new loan
fell to local banks.
OMAHA ( .K.MMIAI , MAItlCKT.
Condition of fTrniU * mill Quotation * on
Stnitlt * mill Fniicy Produce.
EGGS-Good stock , 14c.
HUTTKH-Common to fnlr , 10\2c \ ; sep
arator , 18c ; gathered creamery , ISQlOc.
LIVE I'OULTRY-HMis , 7'X'USc ! ' ; old
roosters , ic ; spring chickens , 8c ; clucks , E
< OGc ; K < ! i8 ( > , not wanted.
GAME Teal , blue wing , $1.75 ; green wing ,
JI.SU , mixed , $1.7Sfr225 ; prairie chickens ,
youtiK. $4.005)4.50 ) ; old. $3.00.
PIGEONS Live , per doz. , $1.00.
VEAL Choice , Sfi9c.
VEGETABLES.
CELEUY-Pcr doz. bunclicu , 30G35c.
ONIONS Now , per bu. , 40 < 3oOc.
UI'.ANS Hand-picked navy , per bu. , $1.25.
POTATOES-1'er bu. , COc.
CAHHAGE , per lb. , Ic.
TOMATOES Per four-basket crate , 20 < H
30c.
crCUMUEKS-Homo grown , per doz. ,
TROPICALFRUITS. .
OHANOES-Scediings , $2.73 ; Mediter
ranean sweets , S2.75ii3.00.
LEMONS-Callfornla , $6 ; fancy" Messina ,
IIANANAS Choice , large stock , per
bunch. $2.0l > a2.25 ; medium sized bunches ,
FRUITS.
APPLES Per bbl. , choice shipping stock ,
5 * .Toy 3.00.
WATEHMELONS-Crated , 13314c ; loose ,
fr12c. .
CANTALOUPE Homo grown , per crate ,
PKACHES-Cnllfornla , 20-lb. case , 80@S5c ,
PLUMS-Oregon , $1.00.
PEAKS Unrtlott , California. $2.25 ; other
varieties. $2 CO.
OHAPES Native , per hnHket. 12' c ; Cali
fornia Toknys , $1.3501.50.
CltANUlOltHIES-WIsronsIn. per box ,
$1.23 ; Cape Cods , per bbl. , $7.50.
MISCELLANEOUS.
NUTS Almonds , per lb. , largo size , 12 ®
13c ; small , lie ; Brazils , per lb. , 910c ; En-
dish walnuts , per lb. , fancy soft shell. 110
12c ; standards. 8 < 09c ; filberts , per lb. , lOc ;
pecans , polished , medium , G < B7c : extra
large , S < S9e ; large hickory nuts , $1.00@1.1 < ]
per bu. ; Bmall , $1.1501.25 per bu. ; cocoanuts ,
per 100 , Jl.50ij5.00 ; peanuts , raw , 6'/4c ;
roasted , The.
MAPLE SYRUP-FIve-gal. can , each ,
J2.75 ; gal. cans , pure , per doz. , $12 ; half-gal.
boxes , lOc ; 5-crown , 44-lb. boxes , 13c ; 3-lb ,
boxes , 22S23C per box ; California , 10-lb.
boxes , $1.
CIDER Per half bbl. , $3.2503.50.
HIDES , TALLOW , ETC.
HIDES-No. 1 green hides. 7c ; No. 5
green hides. 6c ; No. 1 salted hides , 8ic ; No ,
2 salted hides , 7 ic ; No. 1 veal calf , 8 to 1 !
Ibs. , 9c ; No. 2 veal milf , 12 to 15 Ibs. , 7c.
TALLOW , GREASE. ETC.-Tallow. No ,
1 , 3c ; tallow , No. 2 , 2&c ; rough tallow , lV c ;
white ( frense , 2HG2 ; c , yellow and brown
grease , lHfJ2Uc.
SHEEP PELTS-Green salted , each , 155 ?
75c ; green salted shearing ! ) ( short wooled
early skins ) , each , 15c ; dry shearings ( short
wooled early skins ) , No. 1 , each , 5o ; dry
flint , Kansas nnd Nebraska butcher wool
pelts , per lb , , actual weight. 45e ; dry flint ,
Kansas nnd Nebraska murrain wool pelts ,
per lb. , actual weight , 3f4c ; dry Hint , Colorado
rado butcher wool peltH , per lb. , actual
weight , 4Q5c ; dry flint , Colorado murrain
wool pelts , per lb. , actual weight , 36 4c.
NEW YUHIC GEM2IIAL MAIlItET ,
( liiotulloiiN for tin * IJiiy on General
C'oniinoilltleH.
NEW YORK , Sept. 17. FLOUR-Recelpts
32,700 bbls. ; exports , 3,426 bbls. ' , quiet bul
held steadier.
CORNMEAL Steady ; yellow western , 70c
BARLEY MALT Dull ; western. 65Q61c.
WHEAT Receipts , 247,325 bu. ; cxportn
31.880 bu. ; spot steady ; No. 2 red , 72 ic f. o
b. afloat to arrive and spot ; options opener
fairly stf ady , but gradually eased off , undei
long soiling and prediction ? of larger sprint
wheat receipts next week. Pressure win
mostly In September wheat , closed * A <
lower , against V4C3-Sc decline In other dellV'
erles ; September , 70Q71 l-8c ; closed nt 70'ic
December , 67 l-ST(674c ( ; closed at 67V4c.
CORN Receipts , 107,775 bu. ; exports , 101
bu. ; , spot Rtcady ; No. 2 , 33U633 3-fcc f. o. b
afloat ; options steady to llrm all day 01
rumors of colder weather we t ; closed l-8 (
net lower.
OATS Receipts , 126,000 bu. ; exports , 99,02
bu. ; spot steady ; No. 2 , 25c ; No. 2 white
2Sc ; optlonn neglected nnd nominal.
HOPS Steady ; state , common to choice
U/6 ! crop , 4ifCe ; 1S97 crop , Sftl2c ; 1898 crop
14fl7c : Pacific coast , Ik'M crop , 4fiGc ; U91
crop , S 12c ; 1S9S crop. 14S17c ; London quiet
WOOI < Quiet ; domestic fleece , 17 23c
Texas. 13fil5c.
CHERSE-Flrm ; largo white , 7J4c ; smal
white , 7 ; c ; largo colored , THc ; small col'
ored. " ' ic.
BUTTER Receipts. 2,81(1 ( pkgB. ; firm
western creamery , 14jJ21c ; Elglns , 21c ; fac
tory , HH14c.
EGGS Receipts , 3,763 pkgs. ; flrm ; west-
crn , 16V4c ,
TALLOW-Stcndy ; city , 3E-8c ; country
3 3-SiI3 5-Sc.
RICE Firm : fair to extra , 51-SiiJ6ic ; Ja-
pan. 5 7-S.1J7 1-Sc.
MOLASSES Steady ; New Orleans , opcr
kettle , good to choice , 2Sf33c.
METALS Pig Iron , dull ; southern. $9.71
fill.00 ; northern , $10.00 10.60. Copper , qulot
brokers , $11. Leid , uteady at $ J.85. Tlr
platen , steady.
COTTONSEED OIL Inactive ; prlmi
crude , nominal ; prime crude , f , o. b. mills
nominal ; prime summer yellow , 22 > ,4c ; spot
22c. future delivery ; off summer yellow
22Hc ; butter grades , nominal ; prime wlntei
yellow. 27ii2Sc * .
PROVISIONS-Pork. mess , $9.0WT9.60
family. $ ll.SCkfj 12.00 ; nhort clear. $11.00012.75
Beef , uteady ; mers. $ S.OiVfiS.fiOr beel
hams , quiet. $20.00. Dressed hops , firm ;
bacr.nK.Br.8c , ISO-lb. . 55-Sc ; ICO-Tb. . 5 > ic ]
pigs. 57-SfiCc. Cut mentB , smoking bellies
7Hfi7 4C ; 10-lb. . 7U : 12-lb. , 63-SfiOHo : 14-lb.
6 l-8&6'4c ; pickled hanr * . dull , 7 < iti7iic
western green , 16-lb. , G3-SQC5-Sc. Lard
Bteudr. $5.20416.25 ; city. $4.90.
GAME AND POULTRY Partridges ,
prime to choice , per pair. $ I.I51.60 : grouse
prlmo to choice , U-93&1.10 ; wooJcock , prlmt
to choice , $1.00ttl.25 ; plover , golden , prime
to choice , per Ooz. , $ i.7Br2.00 ; nnis , $1.0041
J.W.
CIIICAC2O ( JIl.VI.V AMI I'llO VISIONS.
I'Vntnren or ( lie Trntllnir mill C
I'rlorN OH Satiirilur.
CHICAGO , Sept. 17. Heavy clearance * at
the ron t today held prices steady In the
wheat pit. September closed unchanged
and December Vic higher. Corn rose VtC ,
Oats advanced. 1-W-ic. Pork left off un
changed , lard 2 < Ac higher nnd ribs un
changed ,
The wheat situation had no fre-h light
shed upon It by early cablegrams or dis
patches , but th < : markU started at a slight
Improvement for September delivery. Sep
tember , however , Hhowcd a tendency In
the opposite direction , and that becumltiK
more pronounced It dragged the active op
tion In UK wake. A factor which helped
the market tfomewhat at the start was the
report that n prominent bu-Hiicas man of
Ohio , whu IH now travclltiK In RusMn , hail
written to this country that he hail learned
from a RUHUII | official thut the wheat crop
In the Volga district was a failure and that
iO.OOO.OOO bu. of wheat from other parts of
Russia would bti required to feed the pop
ulation of that province , The rank and file
of the speculative crowd wan like the
leaves of the aspen , which quiver oven
when the air Is calm , and that Hupcr8en l-
tlvenars was shown by the flutter In the
market that attended thu spreading of the
oft-told tale from the Volga. Chicago re
ceipts were 176 cars , against 216 the name
day last year. Minneapolis and Duluth re
ceived 1,112 cars , compared with 1,143 a
year ago. The Atlantic port clearances of
wheat and .flour . for the ilny amounted to a
heavy aggregate , and that was the cause of
considerable firmness In the market near
the close. Including clearances from Now
Orleans , Galvcston and Newport New ? ,
wheat and flour amounted to 715,000 bu.
September wheat , opening unchanged to
l-8c lower at 05 l-8i 5V4c nnd declining to
61 3-8c , was again wanted In the last ten
inlnuteH at the price It started at and
closed flrm at C5Vic. December was simi
larly affected anil turned from being quite
weak to moderately strong , and closed
practically at ' .ho top , The opening was
VJc higher at 62 5-Sfi02 > ic , declined to 62 > .ic.
then firmed up to 62 S-SQK c , the closing
price.
Corn wan dull but flrm. The market
opened above the price of calls , and there
was some selling against these privileges
but the offerings were not sufficient to ma
terially Influence values. The Initial up
turn was duo to moderate buying by com-
mlHslon housed. Prices held steady on a
very dull trade throughout the session and
closed near the top price of the day. De
cember opened Uc higher at 29 > ic. declined
to 295-Sc. firmed up to 294fo29 7-Sc and
closed at 29 0.
Oats ilcmonfrtrtctl their ability to follow
corn. Trading was light and nothing of Im
portance developed. May started 1-Sc up
at 22 1-Sc , declined to 22c , then Improved to
22 1-8022WC , the closing priee.
Provisions were firmer , but very quiet.
Packers were Inclined to buy , and there
was no pressure to sell. The future of the
ilay'H trading- was the purchase : of 1,300.000
Ibs. of ribs by a prominent packer. The
general trade was light , and the range of
prices Inconsequential.
Estimated receipts for Monday are :
Wheat , 170 cars ; corn , 620 cars ; oats 300
curs ; hogs , 36,000 head ,
The lending futures ranged as follow * :
Ar , teles. Open. Hlch. Low. ( -lone. Yes'd'y
Wheat.
Sept. . . . 04W cr.u
Dec. . . . 6'JK cr.uS
Miy : . G4H oaj * C4'4 cm *
florn.
Sept. . . 2PM ? n 20 ? < 2014 29 > <
Dec. . . . 2ti < Stilt
Mny. . . S1H 31H .1 Hi
O.its.
Soit. ) . . 20 201 , S0 4 ' 'OH
Dee . . 2UH
May. . . 22MW4 22
Poric.
Oct. . . . 830 . 830 8 30 8 30
Dec. . . . H M5 H 45 8 3fi
Jim . . 9 ' 20 020 017K 0 17 > 0 17H
Lard.
Oct . . . 477W 472 *
Dt-c. . . . HO 4 8(1 ( 48.J- ! , 4 80
Jnu. . . 41)11 ) 4UU 4 U7K
RILs
Si-pt. . . 530 630
Oct. . . . 5iu ! 6 VIS ft V7K
Jan . . . i 7(1 ( 4 70 470 47U
No. : .
Cash ( ( notations were ns follows :
FLOUR-Steady ; special brands , $ l.23 < fi >
4.50 ; hard winter patents. $3.403.1 * GO noft
" -
) ; straights ,
CORN No. 2. 30&30KC.
OATS-No. 2 ziMi-jifcc ; No. 2 white ,
2oc ; No. 3 white , 2fi24c. ;
RYE No. 2 , 47V4@47&c.
HARLliY-KK&Uc.
SEEDS No. 1 flaxseed , 8S09ic. Prlmo
timothy , 52.4714.
IMtOv 1S1ONS MCSH pork , per bbl. , JS.40
iiS.43. Lard , per 100 Ibs. . $4.77Uffl.82 . Short
ribs sides ( loose ) . $5.155.3 ; dry salted
shoulders ( boxed ) . $4.504.75 ; short clear
sides ( boxed ) , $5.COJ5.70. ?
SUGARS Cut loaf. $5.00 < ij5.70 ; granulated.
$6.08 ; standard A , $5.01.
Following are the receipts and shipments
for today ;
Articles. Receipts. Shipments.
Flour , bbls. 6,800 n.200
Wheat , bu. , 164,400 1C9,4 ( 0 I
Corn , bu. , . . 338,500 218,000
Oats , bu. . . . 399,600 605,300
Rye , bu 29.850 20.000
Barley , bu. 97,200 6,100
On the Produce exchange today tlio but
ter market was firm ; creameries , 13J20c ;
dairies , H'/ifflTc. ERRS , llrm , MKffiUc. Live
poultry , In slack demand ; spring chickens ,
9c ; hens. 8c ; ducks , 7c ; turkeys , 8c.
St. I.onlN MurUct.
ST. LOUIS. Sept. 17-FLOUK-Steady ,
with a fnlr Inquiry , but no change in
prices. Patents. &MOft3.GO ; straights , $ . ! .lWi' ! '
3.30 ; clear. $2.75Q3.00 ; low to medium , $2.00 ®
2.50 ; rye Hour , jobbing at $2.75 In sacks and
$3.00 iier bbl.
WHEAT Steady to fractions higher , Sep
tember 7-8c , Dec-ember Hj3-8c , and May
l-4e up from yesterday. Spot , No. 2 red
cash , elevator , GSc bid , track , U9c ; Septem
ber , C83-8C bid ; December , G57-SiiC6o { bid ;
May , S61-4c bid ; No. 2 hard , cash , C4c ,
nomtnul.
CORN Futures closed 1-Sigi-lc higher for
the day. Spot steady ; No. 2 cash. 28 ic
bid ; September , 24&c ; December , l83-8c ! ;
May , 29&c.
OATS Futures steady to a shade higher.
Spot steady ; No. 2 cash , 22V4o bid ; track.
23c ; September , 22c bid ; December , 215-Sc ;
May , 231-4c ; No. 2 white , 25y-c.
RYE-Steady , 43&c.
SUED Flaxseecl , steady , 83 c. Prime
timothy seed , tlrm , scarce and In demand
at $2.60.
CORNMEAIQuIet , $ : .G5@1.70.
1JHAN Strong , In demand ; wicked , east
track , 4Cc.
HAY Steady ; timothy , $6.5039.00 ; prairie ,
BUTTER Steady ; creamery , 1922c :
dairy. 13fI18c.
EGGS-Steady. I3c , loss off.
POUl.THY-Chlckens. sprint8V4f9c ; old.
7 > ,4c ; ducks , CiiGVic ; geese , & { JSi,4c.
GAME Large plover , Jl.OO per doz. ; wood
cock , J5.BO ; young scjulrrel , Jl.OO ; old. COc :
snllio. $1.75.
WHISKY Steady. J1.25.
COTTON TIES AND I5AGOING-7SC.
METALS-Lead , llrm , J3.87'i bid ; spelter ,
nominal. M.62U.
PHOVISIONS-Pork. weaker ; standard
mess , jobbing. JS.37H. Dry salt meats
boxed shoulders , tf.OO ; extra short clear and
ribs , * 5.62V4 ; shorts , $5.75. Lard , steady ;
prlmo Htciun. $4..C5 ; choice , J4.70. llacon
boxed shoulders , $5.505.62'4 : extra short
clear and ribs , $6.25 ; shorts. $0.37V4.
HECBlPTS-Klour , 8,000 bbls. ; wheat , 40-
000 bu. ; corn. 23,000 bu. ; oats , 25,000 bu.
SIIII'MENTS-Flour , 4.000 bbls. ; wheat ,
7,000 bu. ; corn , 21,000 bu. ; oats , 30,000 bu.
Clnfliiiuitl Market.
CINCINNATI , Sent. 17. FI.OUU-Fancy ,
M.OS ? 3.25 ; family , $2.50fi2.80 ; winter patent
$3.40fr3.73 ; fancy , $3.05 < & 3.25 ; family , $2.50 ®
2.80 ; extra. $2.25 2.40.
WHEAT Firmer ; No. 2 red , C7c.
COHN-Steady ; No. 2 mixed. 31c.
OATS-FIrm ; No. 2 mixed , 23'sC.
HYE-Oulet ; No. 2 , 40c.
PHOVISIONS Lard , flrmer. Jl.fiS. Hulk
meats , steady , $5.25. I.icon , steady , $6.50.
WHISICY-Flrm. $1.25.
llUTTER-Steady ; creamery , 1822c.
SUGAR Cut loaf. $6.10 ; cubes and pow
dered , $597 , granulated , $5.72 ; confection
ers' A , J5.CO ; New Orleans clarltied , 5Cl5V4c
per lb ,
MOLASSES Prlmo to choice centrifugal ,
Wu-lc ; open kettle , 2CQ33c per lb ,
ICniiNim City ( irulii mill 1'rovlnlonn.
KANSAS CITY , Sept. 17. WHEAT
Active , steady ; No. 1 hard , C Beic ; No. 2 ,
GOHi063c : No. 3. 67U6C2c ; No. 2 red , 640 < 3c ;
No. 3. COSCl c ; No. 2 spring , B6Q59Hc ; No.
3 , 5lf < 57c.
CORN-Steady ; No. 2 mixed , 2S'J02So ;
No. 2 white , 30c ; No. 3 , 29c.
OATS blow , > ic lower ; No. 2 white , 2I4 ®
26Hc.
RYE No. 2 , 43c.
HAY Higher : choice timothy , $7.0X07.25 ( ;
choice prairie. $6.00i/C.50.
IlUTTER-Stcady ; separator , 1701Sc ;
dairy. 16c- .
EGGS-FIrm : fresh , ll c.
UU EII'TS Wheat , 102,200 bu. ; corn , 9,700
bu. ; oats. 12.000 bu.
SIHPMENTS-Wheat , 145,200 bu. ; corn ,
3,900 bu , ; oats , none.
DulutU Wheut Mnrkrt.
DULUTH. Sept. 17. WHEAT-No. 1
northern , cosh , We bid ; September , 05 l-lo :
December , 6H-Sc ; May , 633-Sc4
OMAHA LIVE SJiOCR MARKET
Week Winds Up wit ji Pair Bun and an
UnBottiixV Feeling ,
CATTLE BUYERS. ; , | SEEM INDIFFERENT
( inu-rnl 'IVmini * ' ' } ' of the Trnile Hun
Hi * * * ! ! Uimnril All AV * * U II K *
IUIIN | ( mi Effort to KUr
du-r Cut 'Vnlui'H. '
SOUTH""OMAHA , sept. 17.
Indicates Sunday.
The official number of cars of stock
brought In today by each road was :
_ Cattle. Hogs. Sheep.
C. , M. & St. P. Ry . 1
O. & St. L. Ry. . . . . . 4
Mo. Pac. Hy . 4 3
Union Pacllle system . 8 13 2
F. , E. & M. V. R. R . 3 32
S. C. & P. Ry . 1
C. , St. P. , M. & O. Ry. . . . . .
B. & M. R. 11. R . 20 28 1
C. , B. St. Q. Ry . 2
C. . R. I. & P. Ry. , east. . . 1
C. , R. I. & P. Ry. , west . 1
Total _ receipts . 45 bS 3
The disposition of the day's receipts was
as follows , each buyer purchasing the num
ber of head Indicated :
Uuyers. Cattle. Hogs. Sheep.
Omaha Packing Co . 22 .
The G. H. Hammond Co 243 396
Swift and Company . 175 1,22(1 ( . . . .
The Cudahy I1. Co . 281 2,111
P. D. Armour , Chicago . 2,039
Benton & Underwood. . . 2 .
Huston & Co . 17 .
L. F. Husz . 32 .
Livingston & Schalcr . . 26 .
Hammond , from K. C . 1SS . . . .
Swift , from country . . . . . C12
Cudahy P. Co. , K. C. . . . 124 .
Other buyers . 222 .
Left over . . . . . 280
Totals . 1,144 6.960 S92
CATTLE For the last day of the week
there was a decent run of cattle and more
than there were nt any of the other mar
kets. They were mostly cornfed steers ,
the supply of that kind of cattle being the
lurgrst of any day this' ' week. The average
quality , however , was not so very good ,
though there were a few loads ot pretty
fair stuf- . There was nothing choice- and a
good many of the cattle were rather on
the coarse order. Buyers appeared rather
Imllrterent , due apparently to the fact that
it was a Satuiday and that they were not
particular about carrying over too many.
As a result they were rather bearish and
the trade In consequence was slow. Buy
ers , however , claimed that the cattle that
were really desirable 'sold all right and
that the ones that were neglected were not
very good.
There was nothing of any Importance In
the way of cow- stuff to make a test of
the market. The few loads of feeders sold ,
but the ma-ket , an usual on a Saturday ,
was dull and Indifferent.
The week us a whole has been favorable
to the sellers of cuttle , us there ban been
a good , active demand for most all kinds ,
with the result that values haviv- had an
upward tenilem-y. Cornfed steers have
gained IOfU5c that Is , desirable kinds
have and are now selling just as high as
any tlmo this season. Warmed up cattle ,
as usual when there Is a liberal supply of
grassers , have not sold as high In
proportion as the better cattle. Good kinds
of grass beeves are 1520c higher for the
week and the demand has been fully equal
to or In excess of the supply. Cows and
heifers have also shown strength and are
a little firmer for the week , some would
say lOc higher. Heavy feeding cattle have
shown an Inclination to drag , with the
tendency lower , owing to the largo supply.
The common anil medium grades have de
clined lXfi20c ( during the week. At the
same time yearlings anil light stuff have
been In active demand and values have
tended upward , the gain for the week
amounting at least to 10fr20c on thut kind.
The market for feedingcuttle has been
peculiar all this season , In that first the
demand Is all for heavy cattle and then It
switches over to light cattle , and every one
is looking for yearlingstuff. . As a result
first one- kind and then the other takes the
lead as sellers. One week they cannot get
enough heavy cattle and the next week
heavy cattle are allowed to drug , while
the trade Is running after light cattle and
paying big prices.
HOGS Advices from other markets were
not reassuring and buyers started out talk
ing $ .1.05 for good loads. Sellers did not
think that they had many hogs of that kind
and the market soon showed more strength
and It developed into a good , active market
at Just about steady prices. The hogs Bold
at $3.G5 < 3'3.75 , the same as yesterday , with
the long string at $3.G7i * . The trade was
active and everything was sold and weighed
up at un early hour.
Hogs experienced quite a bulge In values
this week. It started out on Monday with
an advance of almost lOc , went mill higher
on Tuesday and Wednesday , hogs selling on
Wednesday at the highest point touched
since August 12 und 30a higher than the low
point of the week before. During the two
days following there was a loss In values
of 15c and at the close of the week the
market Is back again just where It was at
the close of the week before. The demand
was good all the week and sellers bad no
trouble in unloading at prevailing prices , In
fact on some days the market was de
cidedly active , everything being sold very
earli' .
SHEEP There was only a load or two of
feeders In the yards this morning nnd not
enough to make a market. Values were
nominally steady.
The sheep market this week has been
just about steady , with the demand good
and the movement on most days active , BO
that supplies have been kept prstty well
cleaned up. The killers have all been free
buyers and as u rule mutton grades of
both sheep and Iambs met with ready sale.
It was noted , however , during the week
that big , heavy sheep were not as good
sellers as handy weights , and that the lat
ter wore given the preference.
Feeding sheep and lambs have been good
sellers all the week and the supply fully
equal to or In excess of the demand. The
country appears to be full of people who
would like a few feedlng _ sheep or lambs
nnd offerings have mat with ready takers.
Prices have remained about stationary.
Choice native muttons are selling largely
at $4.30f4.40 ( ; good grass westerns , $3.50 ®
4.00 ; fair to good grass westerns * \$3.MHJ )
3.90 ; good yearlings , $4. 15 4.25 ; good ro
cholre lambs , I5.00J.525 ; fair to good lambs.
$4.901S6.00 : feeder withers , 2-year-old ami
over , $3.75i(4.W ( ; fender' yearlings , $4.00ff4.15 ;
feeder lambs , $4.25Q4.i5. Representative
sales :
"M" -
CHICAGO MVB * STOCK MAUICUT.
i
Small Supply of.fi'nttle CniiNeH Shnrn
Advance In 1'rleex.
CHICAGO , Sept. 17. The meager offerIngs -
Ings of cattle toi iiy. , were eagerly taken
at a sharp udvanc iln. .values. Choice steers ,
$5.35f(5.75 ; medium , $4.SOfi5.00 ; beef steers ,
$4.1034.75 ; BtockersfarW feeders , $3.00fI.G5 ( ;
bulls , $3.2304.23 ; qfJwi } and heifers , $2.75 ®
4.23 ; calves , $3.00fi3.50J ; western rangers ,
J2.75Q4.W. fed western steers , $4.10 < U5.10 ;
Texans , $3.25 | S.15 ,
The demand for hogs was active nnd
prlcos ruled stronger to 2V4e higher. Fair
to cholee. $3.S7Ht 4.Q5 ; packing lots , $3.505f >
3.S5. butchcra , J3.UH4.03. mixed , $ J.G3tj4.02i ! ;
light. $3.05 4.00 ; pigs , $2.905(3.00. (
The limited supply of Hhuvp that came
on the market were disposed of at un
changed prices. Native sheep , $3.0Uf(4 ( 60 ;
western runnel a , $ J.75ft4.45 ; poor to prlmu
lambs , $3. 50i/6.15 ; feeding lambs , $4.b fr5.GO.
RECEIPTS-Catlle , 4W ( head ; hogs , 20,000
head ; sheep , 5 , WO head.
KaimilN City I.Uf StOdk.
KANSAS CITY. Sept. 17.-CATTLE-Re-
celpts , 60 head. Market steAdy ; wek'o re
ceipts , 63.000 head. With large supplies.
good aetlvo demand for all grades of
Blaughttrlng and well-bred feeders Is de
cidedly encouraging to producers. Desira
ble killers and feeders steady , others steady
to lower ; 7UO cars of fetderp shipped to
feeding points the last seven day a. Kales :
Cholco native steers. $5 , 25Q5.50 ; medium ,
$4.70tJ5.25 : light weights , $1.4005.35 ; Btock-
cra and feeders , $ ,3,60 6,15 ; butchers' cows
Omaha Bee
Special Excursion
to Traiisttttssissippi Exposition
VIA THE B. & M. R. R.
September 21st , 1898
Marvelously Low Rates
Limit , Five Days
Secures your hotel accommodations
Admits you to the Exposition
Takes you through the Midway
All for one price.
The midway is the place where you have the fun at the Exposi
tion , But it costs a lot of money to see the different shows , We
have picked out the following ten of the first class Midway attractions.
1 Ilagenback's Trained Wild Animals. 6 The Bombardment of Matamns.
2 The Chinese Village and Chinese Theatre 7 The German Village ,
3 Pabst on the Midway. 8 The Scenic Railway and Battle of Manila.
4 The Streets of Cairo and Theatre. 9 Shooting the Clnites.
5 The Flying Lady. 10 The Palace of Mysteries.
This offer is for Bee Subscribers Only.
If you are not a subscriber ,
Subscribe at once.
For information address
Exposition Excursion Department , Omaha Bee , Omaha ,
and heifers , $3.0004.85 ; butcher bulls , $2.80 ®
3.50 ; western steers , $3.GOfi5.05 ; western
cows , $3.0004.00 ; Texas steers , $3.Htfi4.GO ;
Texas butcher cows , $2.8003.30 ; cunning
stock , $2.35i2.SO. (
HOGS Receipts , 4,350 head ; steady. Re
ceipts for week , 33,000 hfad ; light supply
and good general demand caused 6010o ad
vance In prices for the week. Sales : Heav
ies , $3.7503.90 ; mixed , $3.6503.85 ; lights ,
$3.60 3.75.
SHEEP Receipts , I.9SO head. Prices un
changed. Receipts for week , 40.CHX ) head.
Large supply mostly range stock. Liberal
demand for desirable flocks , llest muttons ,
15o higher. Ilange lambs , $4.7505.20 ; range
muttons , $3.s004.00 ! ; range feeding lambs ,
$1.2504.65 ; range feeders , $3.7504.00.
St. I.nnlH Live Stock.
ST. LOUIS. Sept. 17.-CATTLE-RecelptB.
300 head , Including 150 Texans. Shipments ,
2,000 head. Market steady ; fair to fancy
native shipping and export steers , $1,600) )
5.40 ; bulk of sales , $4.0005.20 ; steers , under
1,000 pounds , $3.0004.00 ; bulk of sales , $3.75
04.25 ; Btockers and feeders , $3.0004.50 ; bulk
of sales , $3.450M.30 ; cows and heifers , $2.00
04.70 ; bulk of nates of cows , $2.2502.50 ;
bulls. $2.2505.25 ; Texas and Indian steers ,
$3.0064.05 ; cows and heifers , $2.6503.25.
HOGS Receipts , 3,000 head ; shipments.
3,00 head. Maiket steady ; yorkers , $3.850
3.90 ; packers , jy. 8003. 90 ; butchers , $3.830i
3.95.
SHEEP Receipts , 800 head ; shipments , 250
head. Market steady : native muttons , $4.00
04.25 ; lambs , $4.5005.55 ; Btoekers , $3.250' '
3.55 ; culls and bucks , $2.5004.00.
N < MV York Live Stock.
NEW YORK , Sept. 17. HEEVES-Re-
celpts , 992 head. No trading. Cables quoted
live cattle , 10i0 > lH4c ; dressed weight. Re-
frlgorator beef , S0Sl-4c ; exports , 68D cattle
and 1,229 quarters of be f. Calves , re
ceipts , 118 head. Market slow ; veals , $6.50
07.50 ; grasseru and buttermilks , nominal ;
western , $5.50.
SHEEP AND LASIUS-Recelpts. 3,222
head : sheen steady , lambs slow. Sheep ,
$3.5004.75 ; lambs , $5.5006.20 ; choice holdIngs -
Ings , $6.25.
HOGS Receipts , 3,083. Nominal , at $4.15
G4.50.
St. .lOKCpli Live Stock.
ST. JOSEPH , Sept. 17.-Speclal.-CAT ( )
TLE-Jlecelpts , 100 head. No beef steers ;
cows and heifers , lOc higher ; quality com
mon , $2.0003.65. steers and feeders steady ,
$3.2004.40.
HOGS Receipts , 4,000 head ; market
steady to shade lower. Top , $3,85 ; bulk ,
$3.0503.75. with quality only fair.
SHEEP None.
Cincinnati Live Stock.
CINCINNATI , Sept. 17. HOGS-Qulet ,
$3.1004.00.
CATTLE-Steady , $2.7504.85.
811 HUP Steady , iWiM.Jffl.
LAMBS Lower , $3.5005.60.
Stock In Slttht.
Record of receipts of live stock at the
four prl.H.ipal markets for September 17 :
Cattle. Hogs. Sheep.
Omaha 1.213 5.MT7 2iO
Chicago 400 20.000 6,000
Kansas City 50 4.350 1.9SO
St. Louis 300 3.000 900
Totals U63 33 217 liiei )
MniiclieNtt-r Tt-xtlle Fulirlcn.
MANCHESTER , Sept. 18. A fair business
la being done In yarns , which have im
proved their margin on the declining of cot
ton. This Is likely to continue because the
demand Is overlapping the supply of cloth.
There was a large eastern demand during
the week , which , however , was mostly un
acceptable except to manufacturers with
pronounced bearish news and therefore the
sales were exceedingly small. India took a
fair selection of light goods and China placed
several large orders for Its specialty. The
minor markets were slow and split up Into
numerous small orders which , however , ag
gregate Into a fair weight.
Summing up , the employment Is fnlr and
the tone hopeful. Gladbach has sold largely
during the past fortnight. The sales for
ward are estimated to now equal five months'
production.
JAMES E- BOYD & GO , ,
Telephone 103 ! ) . Oinoli.i , No' )
COMMISSION ,
GRAIN , PROVISIONS anil STOCKS
OF TII\DB.
Direct lrf to Oilc < ucn and New York.
Corr'tpoodrntai John A. Wt rren A Co.
H. R. PENNEY & CO. .
Itoiini , .V. Y. Life IIIilK.t Oiniilin , Null.
Stocks.Grain.Provisions
Direct AVlrra New York , Chlciico and
.IVeitcru 1'oluti.
JOBBERS AND MANUFACTURERS i H
OF OMAHA.
BOILER AND SHEET IRON WORKS
, WilsonWilliams
Williams
SurceftMorVllxun. . & DrnUi .
Manufacturers boilers , smoke stacks nnd
ireechlnps , pressure , rendering , sheep dip ,
lard and water tanks , boiler tubes con
stantly on bund , teoond hand boilers ,
bought and sold. Special 'and prompt to
repairs In city or country. 19th and Plerco.
BOOTS-SHOES-RUBBERS ,
n merican Hand
1 V Sewed Shoe Go
M'frs I Jobbers of Foot Wear
WESTERN AOINTSrOn
Tli Joseph Banigau Rubber Co.
F H. Sprague & Co. ,
Rubbers and Mackintoshes.
Cur. 1C Ic re ii tit A Furnum Stn. , Omiilui.
F.P. Kirkendall & Co
Boots , Shoes and Rubbers
hlMroomi UW-HO llM lUrnejr Btrxt.
CHICORY
he American
I Chicory Go.
Orowvr * anil manufacturer ! of nil foimi of
Chicory Omaha-Fremont-O'Nell.
CREAMERY SUPPLIES
The Sharpies Company
Creamery Machinery
iml Supplies.
Pollers , Engines , Kcrd Cookers , Wood Pul.
leys. Shafting. IleUlng. llutttr I'uck-
be of all kind * .
W7-W9 Jonei St. -
DRUGS.
icharclson Drug Co.
Jackson St.
1. O. RICHARDSON , I'reit.
a V. WELLER , V. Pr * t.
he Mercer
T
Chemical Go.
31'fn atamlitnl I'harinioautlettl I'repara *
Order tttnd fur Cntalugua.
tb r torjr , : iy Ilow r4 St. , Omiha.
E. Bruce & Co.
- *
Druggists and Stationers ,
Oc * " Bptcl ! tl , .ij
Clftra , Wlow ana lr ndl i , p
Den MtU u4 Utrntx Itmtfc J J
DRY GOODS.
H. E. Smith & Go.
Importer * and Jobbtro of
Dry Good * ) Furnishing Gtods
AND NOTIONS.
ELECTRICAL SUPPLIES.
\A/estern EiectricaT
V Company
F.lctrieal Supplies.
Electric Wirlntr Bolls and GnR LlEflitlnz
O. W. JOHNSTON. Her. 1G10 Howard St.
John T. Burke ,
COXTKACTOIt JfO
ELECTRIC LIGHT
and PO WER PLANTS
South 15th St.
FRUIT-PRODUCE.
United States
Supply Co . . .
iro8-iuo Harney St.
? E"fine8 , | n l Boilers ,
Wind Mills , Steam nd Plumbing
Material. Utltlnc. HMO , Etc.
HARDWARE.
Wholesale Hardware ,
Omaha.
Tec-Clark Andreesen
Hardware Co
Wholesale Hardware.
Bioyclei tnd Hportlnr Goods. 1210-11.38 Du
ooktroet. .
HARNESS-SADDLERY.
J * H Haney & Co. .
at'fr *
IIAHJfltSI , HAUIT.I' & AND COl.TLAItB
Jobbtrtof I.tathrr , Aaddftvj ; Hardware , Kte ,
Wn solicit your ordurg 1315 .Howard . Et
"
STEA M -
Crane-Churchill CD.
101 4-to 1 6 Douglas Street.
Utnufaetumi and jobb r. of Ble.m , Oat tnfl
Water Supplies of All Kinds.
For an up-to-date
Western Newspaper
Read The Omaha