Nebraska Newspapers

    THE OMAHA DATLT "REE : ISrCVNDAV , MAT 15 , 18J ! ) ) .
BEARS GET HIE UPPER HANI )
Stock Market , After a Long Struegle , Yields
to Piesiuro of Downward Influences ,
REACTION FROM AN UNNATURAL RISE
More ' 1 him tlip Intrinsic
Muiltn of I'l-operlli'H lit Ncoitfil to
VnliiPH Clettn Ilc-
\liMi * HIP Hlliiiilliiii.
NEW YORK , May 14. ( Spcclar. ) Henry
Clews , head of the banking house of Henry
Clcvva & Co. , writes :
After a prolonged struggle the Block mar
ket has at last yielded to the pressure of
downward Influences. Thr "bull" side has
had a hard task For four months It has
been striving to support the highest tango
of prices ever reached In the history of the
marktt. There have been extraordinary
Itwill bo
causes nroduclntr that rise nnd IL ,1111 uw
CUUSl W JJ1 lllt ,
pretty generally allowed that those causes
warranted the nd-
have In a large measure
vnnco. But the last week's experience was
not needed to demonstrate that something
more than the Intrinsic merlin of the prop
erties Is needed to maintain value. An un
balanced condition of the machinery ot spcc-
ufallon Is enough lo break a market In nplte
of whate-vcr may be claimed In favor of the
Investments. Hvcr since the opening of the
jcnr the market has boon In n stnto ot high
nervous tension. In January the market was
taken by surprise with nn unprecedented
iiibh of Investment buvlng which put up
prices of railroad shares to a level yield-
ins 3 % to 4 per cent. This started a specu
lative movement based on extravagant expectations
carried to excesses
pectations , nnd buying was
cesses through reinvesting the largo profits
) lclilu < l by high prices. This nluajB dan
gerous method of financing speculation has
bi-tn the weak point In the market for the
lust two or three months and the position
became especially critical so soon as the
largo operators rcall/ed their profits.
\Vo might easily have witnessed n smart
reaction In February bad It not been that n
new element of excitement then scbod the
market Within two or three months be
tween $2,000,000,000 nnd $1,000,000,000 of new
Bocurltles were Issued , representing great
consolidations of Industrial corporations.
That event was nn exciting surprise. Occur
ring simultaneously with an outburst of un
usual business activity It was at first con-
Btruod as another evidence of an era of great
national development , nnd from that Impreg-
slon the speculative spirit In the market re
ceived a now lenso of life , the more so ns the
promoters of the now Industrial combina
tions found it to their Interest to foster the
speculative spirit and keep up the general
boom Such nn extraordinary excitement ,
however , could not bo long maintained at
full pitch Differences ot opinion developed
as to the conservatism of the new movement.
The banks maintained an attitude of reserve
toward It , nnd within the fast two weeks
there has been nn abatement of the an
nouncements of new consolidations. With n
turn In the lido of the now Industrials un
abatement of speculation ill the regular list
ilUillUlIIUJIl
\vns Inevitable The "bears" seized the op-
poilunlly for a doletmUicd atlack and hence
Iho very considerable break of Tuesday.
Wednesday's market exhibited a spirited
effort to rally the ranks of the "bulls. " For
tunately London happened lo be In a buoy-
nnl mood nnd on Tuesday and Wednesday
took fully 100,000 shares of various securities.
Certain houses which have become Intor-
cslod In Iho new combines also conlrlbutcd
their Influence toward bracing Ihe market ,
and Wednesday's Iransncllons showed a con
siderable recovery from Tuesday's decline.
The force of Ihe downward reacllon may
therefore bo said to have been broken , but )
nt the same time the market has lost con- ,
sldorabro of its Inlrlnslc strength. There has
been n good deal of compulsory selling and
not n few outside holders have been driven
out of Iho arena by Ihe professional bears.
Probably nol a lltlle of Ihelr slock has gone
Inlo Ihe hands of buyers whose object Is the
merely tempoiary one of belying Ihelr own
urgent sldo Issues. It Is hardly safe , there
fore , lo take-It for gtantcd Ihat the break of
Tuesday will be followed by a new upward
boom In the market. Among the things to
bo ascertained before that can be assumed
Is the , extent-to which the Issues of the now
consolidations arc passing Into Inveslors'
hands nnd Inlo speculollvo operallons , and
thereby displacing the older securltlps. It
seems safe lo assume lhal a quite Imporlant
amount of the preferred stocks of the new
Industrials are now hanging over Iho market
for rcallzallon , and If Ihe holdcis are willing
to meet the market It Is not Impossible that
the new Influx may have an Important bear
ing upon the value ot other stocks. In vlovv
ot the entering- these new Interests Into
Wall streel It will ho prudent lo maintain a
watchful attitude. Provided the now corpo
rations should prove as successful as their
friends hope , there can be no doubt that se
curities represonllng our imluslrlal Inleresls
will In Unto probably occupy a poalllon on
Iho Slock exchange second only lo that held
by the railroad companies. The determina
tion of Ibis problem , however , must wait
upon experiment
At a latet singe the real significance of
Tuesdav's break and Wednesday's rally can
bo better Judged. How far both movements
wcro real or manipulative remains to bo
seen , meantime , it will be wise to follow
closely the drift of the market , buying on
drops and taking tnodeinte prollts on rises ,
nnd not losing sight of the factor that there
IB n considerable amount ot now securities
awaiting an opportunity for safe , nnd of a
kind which ma ) prove nn uncerlain asset
to speculallvo holders , whatever they may
bu ns n permanent Investment. At the mo
ment there are no now elements in sight cal
culated to matrlally affect the future course
of the market The remarkable activity In
the general ttade of the country remains un
changed nnd may bo expected lo conllnue
indefinitely without any nbalemcnt , bul the
question \\bcthur this Intluenco has nol
boon already discounted and whether Us
effect will go bejond giving n mere. steadyIng -
Ing tonu to the market wlthoul producing
any further cnnsldcrahlo rise In prices.
The Influence of Iho ciop prospccl Is at
present n neulral element , probably , how-
eiver , Iho worst probabllllles have been dls-
ionnted nnd any marked Improvement on Iho
output forcshndoued In the forccnsls of Iho
Department of Agriculture would bo likely
to Imptovc the position of the ralltoad list
So far as respects winter wheat , the condi
tions on May 1 am consulted by the sta
tistician of the Produce exchange ns mean
ing a etop ot 318,000,000 bushels , which is
110,000,000 btlKhclH less limn Iho Indicated
crop al iho same date ot lasl ) ear That
decrease , however , Is much moro lltan off-
t-et by the Increase In vlstnlo suppl ) and In
funnels' stocks , aa compared with a > enr
ngo 0\\lng to the lateness of the KCnson ,
it Is btlll Impossible to form any estimate
of the ciop of spring wheal. Upon the
whole , taking the but partially developed sit
uation as It stands today , there Is nnlhlng
to prevent the possibility that the volume of
vvheal , now nnd oW , to be InniEported dur
ing the coming ciop season tmi ) prove equal
to that tit last > car , bad weather condi
tions , however , may reverse that prospect
As n general view , It , teems reasonable to
conclude thai iho course ot the securll ) mar
ket will depend for the next few w voice or
months , less upon such factorn as the crops
and general ttado than upon conditions in
trinsic to tlie sttck market Itself and cre
ated by the Introduction of an importanl
mass of securities laificl ) new and experi
mental In Ihelr inituie and which the banks
are disposed to tteal shly us collateral.
i.oMio.N STOCKS ci.osn ruiM.
Anif rlt-iiiiN I'nrtlnll ) Itei-ovrr from
Kllt-ct of riout'r'M Dentil.
LONDON. May 14. The close ot the week
found the Stock exchange still firm in tone
with Indications of n bulng tendency which
many think foreshadow a coming boom ,
Argcntlna > < were a leading feature owing to
thu rUe of from 1 to 2 < points In anticipa
tion of the le&uo of a 4 per cent loan , an
amount variously estimated between $4,000-
000 nnd $6,000,000. Americans were Irregu
lar and closed weak after a partial recover )
from the sharp break that followed the
death of Koavvell P , Flower
Among the decreases were Union Pacific
common , which fell 1 % points , Union Pa-
ttllo preferred , 1 % ; Illinois Central , Hj , New
York Central & Hudton Klver , Hi , KeaJIns
tlret preferred , 1'i ; S.mtn To preferred , 1 ,
AYubash preferred , 1 , Milwaukee. \ , Heart-
IHK common , T ; Canadian Pacific , 'n ;
Northern 1'aclflc preferred , A ; Wubanh de
benture , < Vi , Santa Fo ordinary , % , Balti
more & Ohio Vt , Chetnpenko & Ohio , > 4 ,
Denver & Rio flrnnde , 2. Northern Pacific
ordinary , H. nnd Pennsjlvnnla , ' 4. Mtney
was easy at 1'4 per cent ; on fixtures at 11 ,
nnd on three monlhs' bills at from 2 1-16 to
HTATISMHM' OP JJKW YOHlC IIAMCS.
flnlii In Cnali Itei-rirn Not So Orrnt
KM Aiitlclvmtril.
NBW YOHK , May 14 The New York
Financier said this week As was expected ,
the bank statement for the current week
shows some heavy changes over previous
trtnls. bul , In Ihe asgrogalo , they were not
. It had been
as heavy as had been expected.
anticipated that excess reserve would rlso
almost , If not quite , $15,000,000 , for In ad
dition lo the heavy liquidation duo lo stock
exchange business , Iho banks had gained
something like $1,500.000 from the Interior
and treasury operations.
The gain In cash , however , ns rcporlcd
yesterday was only about $8,250,000 and the
Increase In deposits lets than $2,000,000.
There was a shrinkage In roans ot $ Sl5ii.-
700. The effect of the changes noted was to
Increase the surplus reserve $7,78 , " , 075. Thus
the stalement seems far out of balance , even
from an average standpoint.
The reserve carried by all the banks for
the week ending May 13 cqualn 23 per cent
of their deposits , as against 27 1 for the pre
vious week. If the National City bank totals
Including the heavy gains are scparaled It
becomes apparent that Ihe other banks In
the clearing house arc carrying a reserve of
less lhan 21 per cent. Indicating n more re-
slrlclcd loaning power. As n matter of fact ,
the real condition of the banks docs not
warrant this conclusion. The outlook la
rather tovvnrd easier money.
Mnticlipntt'r Toxtllc Ilcvlrrr.
MANCHESTER , May 14. Since the sctlle-
mcnt of the strike question the tone of the
market has become confident and almost
buoyant , The latter part of loot week saw
a large business , led by light goods for Cal
cutta engagements. India llkowlsc bought
freely of Hhlrllngs. Large orders were
lurned down because Iho limits were frac-
llonally lee low. China sent a moderate
number of orders at workable prices and
South American continued a fair buyer
The minor markets were acllve wllh the
demand largely distributed Yarns wore
higher and now most of the spinners are
deeply engaged.
Cotiilltlmi of llnnU of
MADRID , May 14 The report of the Bank
of Spain for the week ended yesterday shows
the following changes1 Gold In hand , In
crease 19,000 pesetas , silver In hand , In
crease 246,000 pcsolas , notes In circulation ,
Increase 1,340,000 pesetas
CHICAGO OHAIN AM ) PROVISIONS.
rViitiircH of tlic TriidliiK nnil CloNlnK
I'rlecM oil hiitnrilii } .
CHICAGO , May 13. The wheat market
todav ruled weak and lower owing lo Ihe
slump In Wall slreel and favorable crop
news from abroad. Jul ) wheat closed with
a loss of VtSsdc , corn declined % ( ffc and
oils UQc , pork advanced 1012V c , lard
lOe and ribs 7V4c.
Fearh of damage lo the growing crop by
ITes'lati flies , chlnchbugs and frosts gave
wheat a remarkable firm start , considering
i the demora'lzed condlllon of Ihe stock
market The trade was In a bearish tem
per , however , and after a moderate ad
vance hud been scored the markel lurued
weak .and ruled heavy Iho remainder of
Ihe session , holders liquidating freely. Re
ports of heavy rains In loutheastern Eu
rope over district * which have been suffet-
Inpr from drouth added lo Iheselling move
ment BultiK against puts caused a feeble
rallv near the close. July opened He lower
at 70\070V < ! C , advanced to 7074c , declined to
CO'S-c ' and closed with buers at 70c. Chicago
cage received twenty-six cats , seven of
which graded contracl Minneapolis and
Du'uth gel i16 care , compared with 498 the
same day last voar. Western primary re
ceipts amounted to 330,000 bushels , against
797,000 Dttshela a year aeo. Atlantic port
clearances of wheat and flour equaled 191-
000 bushels World's shipments to Europe
for the week were estimated at 8,400.000
bmhcls Cash demand slack.
Corn advanced early on light iccelpts , bul
was dragged down later by the decline la
wheat. Favorable weather and Increased
acreage hud a depressingInfluence. . Re
ceipts , 102 cars. Ju'.y opened unchanged at
3tc. advanced to 3H3U&c. declined to 3.1V4
GOTc and closed at 33 R33Uc.
Oats followed corn. Receipts were 364
cars. July started a shade lower at 23' c ,
advanced to 234fj:237jjc ( : and reacted to 2338c
ut theclose. .
An Improved cash demand , higher prices
for hogs and buying by packers slrength-
aned provision" July pork opened un-
ehaneed at JS 30 , advanced to $ S.4 and
elo ed at $5 40fib.42'i' ; July lard opened a
shade higher at $1 Sl > ATiv 02 > A sold at J4 97V-
and advanced to $5 Wiifi5 10 at the close ;
July ribs started 2'ic ' higher at $4 b7' < - and
advanced to $4 72i/j at the close. i
Estimated i celpts for Monday : Wheat ,
72 cars , corn , 14S cats , oats , 333 cars ; hogs.
32.000 head.
Leadlnc futures ranged ai follows :
Articles Open HtKh LOTT. Clone. Y'nt d'y
Wheat.
May . Oil OOH
July. . . 70- 7Ji ( 70
t-ept 70h Dim
Torn
Ma\ .
July , . 34211 .Hit
Sept , 3 ! ' < ( * 341 , J3H
Oats.
M-H. . . aiiw 2GVI ,
) uly van ! MH
S. pt . 21HWM
Pork.
May.
July 830 8 I'-'W S.'IO 830
Snpt 8 SO 867 * SCO 80/4 84S
Lard
May ,
July A 10 4H7H 510 BOO
6 1-JHi ClliM , 6 ! ! > '
Ulbs
May. . .
Julj . 4712 Hi 407 4 5
477H 180 477K 480 480
No 2.
Cat-h quolallons were as follows :
rLOUR-Qulel ; winter patents. $3 iXX3GO , ;
straights , $3 iOflS.'U ) ; clears. $3 OOJJ3.10 , spring
specials , $110 , patents. $1.(083.70 ( * , slralghls ,
$ . ' S0ft3 10. bakers $ J ZVSl 40.
WHEAT No 2 sprlnf , GOf/CSVfec / ; No. 3
sptliif , ' , fiOiiCSc. No i red , 71'tf72c. < .
CORN No. 2 , 33'ic : No 2 yellow , 33Jc.
OATS No 2. ffliHf ( 27o , No. 2 white , 30c ;
No 3 white , 28 % SU'1ie
RVi : No 2. 61'c. '
HARL15V No 2 , SOV flc.
sniJDS-No. 1 Haxseed , $10 , N W. , $1.07 ;
prime tlmolh ) , $2Jo , clover , conlracl grade ,
$035
PKOVISIONS-Mass pork , per bbl. , $ S 25 ©
8 30 Lard , per 100 Ibs , $ " > O.J'fefiC 03. Short
ribs sld 8 ( loose ) . $4 &MM 80. Dry sailed
shoulders ( boxed ) . $12310400 ; Bhorl clear
sides ( boxed ) , $4 90QG 00.
WHISKY Distillers' finished goods , per
gal . $1.20
SUQARS-Cut loaf , $0.02 ; granulated. $ C 52.
TU1 following uro the receipts and hhlp-
munts for today.
Articles. Recelpls Shlpm'ts ,
Klour , bbls -0,000 C.OOO
Wheal , bu 5.1,000 37iO ( ( )
Corn , bu 121,000 109,000
Oats , bll 4MOiX ) 231,000
Rye bu 0,000 , . .
Uarley , bu U.OOO 2,000
On the Produce exchange today the btiller
market was stead ) : creameries , 12'0 >
17c ; dairies , 10iJ14c. iggs , st ndv , fresh ,
Cheese , weak ; creams , 104'ullc.
l.lv i-ruiiol Cirnln mill I'roMOIIN ,
WVnRPOOU May 13-WHCAT-Spot.
Sluidy , No 1 California , Cs Sdiifis Id ; No. 2
ted western winter , 6slOd ; No 1 red north
ern DnHitli. Cs2d
CORN Spol , llrm ; American mixed , new ,
3s GVid , Am rlcan mixed , old , 3s O'zd 1'u-
tures , easy. Muy , 3s od , July , SsO&d ; Sep.
temlior , 3s ( , ' ( id
ri.OUR St. Louis fancy winter , steady ,
7s 3d
HOPS At London ( Pacific coast ) nominal.
I'UAS-Onnaillnii , Ds CV4d.
PROVlSIONS-Heef , dull : extra India
mesH , COs ; prime tnes , f4s. Pork , dull ,
prime western , 45s Hams , shot I cut. sleady ,
37s Bacon. Cumbcilaml cut , dull , 31s , short
ribs dull , SOs , long clear middles , light , dull ,
2ss 4d ; long clear middles , heavv , dull ,
2sibd ! , short clear bucks , easy , 27s Cd , shoul
ders , square , dull , 2Ja ud Lard , prime west
ern , 2Cs , American refined. In 2S-lb , palls ,
steady. 2is ( 3d Tallow , firm.
HUTTKR Finest United Stales , nominal ;
good , 75s
CHiiSi : : American llnesl white , steady ,
51s ; American finest colored , GOa.
hi. l.iiuU AlnrU < - ( .
ST. LOUIS. May 13 FLOUR Dull ; pat
ents $3COIfjiO ; Btralglila , $ J3og3 < 0 ; clear ,
SKKDS-Prime timothy , $225.
CORNMEAI.-41.S5S1 SO.
BRAN Slow , c asy ; sacked and track ,
$590
$590HAYSteady to strong ; timothy , $10.000
12 M
MWIUSKYStenily. . $1.26.
COTTONT1 HS & 5c ,
- ,
PROVlSlONS-Dry salt meal , boxJd
shoulderH. Jl 25 F(4 37'4. exlra shorts , $5 , ribs ,
t'llivL , shells , $32o. Ilacon. boxed ulionUlers ,
$5 UiH , extra shorts , $5tX ) ; ribs , $ oii2 > ;
shorts , $ o sm
RIX'nilTS Flour. 7.000 bbls ; wheat , 9000
bu . corn. 43 000 bu , oats. 79 000 bu.
HHlPMKNTS-riour , 3.WH ) bbls ; wheat ,
6,000 bu. , corn , 61,000 bu. ; oats , 11,000 bu.
OMAHA LIVE STOCK MAllliEF
Light Receipts , as is Always the Oasa on
a Saturday.
ALL OF THE CATTLE SELL OFF EARLY
I'rlcvi oi > Unit * .Start In hotnovvlitit
lllulicr. but KUHO Off Some
lie-lore HieiiicU
Are CU-iucd.
SOUTH OMAHA , May 13.
Uoccl | > ts today C67 0,931 910
Utllc-ml Monday 2G5 II.U1S 1.3&I
Olllclnl Tuestluy 4,0 8rii \ \ S.9SJ
Ollkl.U Wednesday 3isb S.WtJ 2,571
oniclul Thursday i.sn t > , iw 3.20J
Utllclul Friday Zltl 4.TOI 1.413
Total this week 13,931 37.SB 12Ci2
Total last week 13,1)70 ) 43,495 .to l.i
Week ending April ifl . . .10,42ti 4bM ! S& < ili
Week ending April ii. . . .14,711) ) 45,430 il.l 7
Average prlco imlil for Hogs tor the last
s-'ver.U dus wltli comparisons :
I1MI9
* Indicates Sunday
The Olllclnl number of cars of stock
brought In today by each road was :
Catlle. Hogs. Sheep. H'ses.
C , M. & St. P Ry 1
O. fc St. L Ry 2
Missouri Paclttc Ry. . . .
U. r system 0 16 3
C. .t N. W. Ry 1 . . 1
r , U. \ . M V. R. R. . 4 31)
S. C. A ; 1' . Hy
u , st i' , it iv. o Hy V.
U. .V M H. 11. R. . . . 19
C , H. \ . Q llv . . . .
C. , H. 1. i 1' Hv. , M.
C. , U. 1. \ . V. llV. .
Total receipts . . . . 3D 'Jl 3 2
The dlsposll.on ot the da s receipts was
as fo lows , each buyer purchasing thu num
ber ot hc.id Indicated :
Cattle Hoc1 * . Sheep
Omuhu Packing Co 20 731
G H. Hammond Co llrt 1,2M
Swift and company. . ' . . . . 107 1,11.2 . 770
Cudahy Packing Co Hi lls ! lt > 3
Armour Ac Co 1 ! ) 1,641 . . . .
Hiimmond , Kansas Clt > oJO . . . .
H. Keeker & . Degan 6'J
Lohmnn fc Co 1
Hill At Hunt/inger 10
U r. Husz JJ
Other bujers 17 48 1C
Totals 677 7,032 945
CATTLL3 Light receipts nnd u steady
market would jubt about cover the subject
todnj. Aa Is mo't always the case on the
w is not
last clay ot tri- weeK , tnu muutei
active , still the- cattle sold In loasonably
good season
Beef steers during the week have shown
a decline of 5(3lOe. ( Very choice light cattle
have shown the least lotfe and some would
bay that the beat nru close to steady and
at the most not over 5c lower. On the
other hand heuvy cattle are fully lOc lower
for the week and on yomo lough kinds It Is
sale to b.iy that the decline would amount
to l"c. The demand has been good all the
week and It has been very evident that the
packets have wanted the cuttle at the pre
vailing prices On some dajs there have
been Imrdly enough entile to 1111 all the
leqiiiitinciits ot the market
Cows and helferii have been In active de-
inuml and the market la as hlnl n ever.
The supply of that kind of cuttle continues
VCMJ lllu ( and as there IB a good demand
sullcts have found It un easy matter to
dispose of overythlnR received There vveie
several good 01 dors on Ille the last week for
IcedliiK nnd breeding bulls , which kept the
market cleaned up and prices accordingly
have been * a little higher.
Stockers and feeders have been In light
supply all the week and the market has In
consequence been stioiiR : . The demand Is
principally for thin cattle of good breeding
iind anything of that deicrlptlon meets
with rcadi .sale
HOGS Buyervvero ! out early this morn
ing In spite of the fact that it was the last
day of the week and the market opened
just about 2'io hlcher Some of the more
urgent oidcifl were soon llllert , but before
half of the ho s Iwd changed hands re
ports came of a lower clo lit Chicago.
Under thai influence the miiket hate eased
off nnd closed -low and weak , with all the
gain of the morning lost
Thb early sales weie largely at $3 67V4 for
fair mlj > cd hogB and JJ.70 for good loads ,
with two extra good loads at $875. The
later sales weie ( arpely ut $ J C5f3 6 M for
fair to good loads The average of all thir
sales was 2e higher than jestcrday
Tluo week opened with an advance of 5c ,
but thu gain WIIK nil lost on the day fol
lowing and on Wednesday the hogs sold nt
the low point of the week or 7 c lower
than on Monday On Thursday and Friday
the market took an upward turn , but It
did not reach the high point touched on
the first day of the week 'Die demand Was
good nil the week nnd bujeis wanted nil
th ? boas tec civ od at cuirent prices.
S1I1UU' Receipt * today were llsht , and
as there was u good demand the offerings
wore all t.iken In good eason and at steady
prlrei The only bunch of any Imoportnnee
was a thiee-car lot of Colorado western
lambx. vvhloh sold at $8 00.
The market this week has been active
with values tending1 rapidly upward , and
nt the close It Is safe lo say that the mar
ket Is 2oQ50c hUher than n week ago. He-
celnts , ns will ba noted from thu tables
above , have been very Ight and at tht > sumt'
time the elemunil verj active. 13 iclt day's ,
arrivals have mot with ready sale and the
market during the whole of the week has
been In a most health ) condition. Some
sales made during the week have bi > on right
up to Chicago pi lees. Spr'ng lambs have
fufi'ered a seveie reverse dining the week
In Chicago
Quotation on Woolrd Lambs Good to
choice Colorado Mexican lambs. Jo JCtfic 50 ,
fill to peed Colorado Muxlcnn lambs , Jo00 ®
C uO , spring lambs , $ GOOf800
Quotation on Clipped Hheep and Lambs
Western wethers , $5 OM15 2"i , good to choice
MuNlcan ambs J"i50ij5"5. good lo choice
weslcrn lambs , J52.i5iuCO , fair lo good weHt-
cin limbs , $50So.75 , wentcm ycaillnK1 * .
0525 , western ewes , $450&475.
CII1CACO MM3 STOCIC MAIIKHT.
hiniill SupnllcM In All liliii'N CIIIINI *
Mnmiulloii In Trinlc.
CHICAGO , ila > 13.-Tho small supply of
cattle recolved today was quickly disposed
of al former prices
There was a lively local and shipping de
mand for hogs and the limited offerings
vvero readily taken at ZWtlSo advnncs ; fair
to choice , * )85Tj4.00 ; heavy packers , $3 af j >
383V4 , inlxp l , $ l70fj'3SO , butchers , J3.75BJ.95 ,
llKllts. JJ 6Mf < ! ! K ) , pigs , J3.55fl3.SO
There weio not enough sheep offered to
niako a muiket , and prices ruled moslly
nominal
Receipts : Cattle , 150 head ; hogs , 11,000
head , sheep , 000 head.
SI. IOIIH Mvo Htoi'U.
ST LOUIS , May -CATTLn-Hecelpls ,
SVJ head , market steadj. fair to choice na
tives , .sh'pplng and export sleets , $ l,7 > ff5.20 ,
with fane ) grade's worth * eDO ; dtessed bie-f
and butcher steers $4 lOflu 05 , steers under
10(10 ( Ibs $1 UO : stockers and feeders , JJIOQ1
4 05 , with ) eirllng selling for J5 50 , cows
and lielf rs , ; J15i4&6 ; bulls. i.754 BO : canners -
ners J200t2S5 , Texas and Indlin slecrs ,
JJIOtr4'J5 , cows and heifers , $3 1G1M 25
11OC1S RpccHpts , 4,400 head , market 5c
hlghrr. plus and lights , 4J.SOij3.99 , packers ,
IJ krxtj 4 05 , butchers. 3 1W.Q4 CO
iSHUni1 AND LAMBS Sheep , receipts. 100
head , market st nd > . native muttons , $1507 }
515. culls nnil bucks , f3.05ijl.00 , stackers ,
M25 ; spring lambs , J5SO
KIIIIKIIN CM I ) I , ! > < Monk.
KANSAS CITY. May 13. CATTLE Re
ceipts. 100 html , supply of cattle todii ) too
light to make a market : the few olferlnjih
sold at steady prices. Trade for the week
shows a slight imnioveinent Heavy weight
slecrs vere especially active and the recent
decline was partially rraoyeiecl , whllo olher
grades weio falily ncllve nt about steady
values , Heavy native te rs brought J50Jft
6ui > . medium bteera JttWjSOO. light weights ,
14 2Mr6 00 , stockers and feeders , 13 7MJ6.60 ,
butchers' cows and heifers. J3 284fi 00 , canners -
ners , ? > 5M325 | , butcher bulU , J3 030410.
veal calves v" > OOfiG50 per 100 Ilia , v\e irn
steer ? $3 MWfS.OO , Texan * . 75il C
HOGS Receipts 3SoO betid , good demand
for all grades of hogs , trade vs.is active at
strong prices very little chanpn In values
durliiK the w k. heavy tfiuitSi. mixed ,
J35..TI175. Ilirht tSlSflifC. pigs. i5fl3DO
Sllii5P-Receipts b20 head. Ttulay 8 * un-
1)1) most too light to furnish nuotutlunx. the
few offerings selling at steady prlcoe Light
during the we ok ,
4JiH > ply of killing gradck
man ) of the offerings of indlfferenl nuilttv ,
and while nuxaltons ar > not mat rlallv
higher Ihe bunches lhat broiiKht top prlies
vvero of only plain quallt ) Spring Iambs
brought M Riffs 00 , fair to iholce wool lambs
would bring $5.2S 3B , clipped Inmbs , $ t TMt
r. fio. muttons $ ! SW a6 , clipped mutton * .
$4 fl * > 10 , stoekers and feeders , $3 5005.00 ,
culls , $2.J5 < S360.
> 1 orlt lillc "tiipl. .
NBW YORK , May 13-RKKVUS-Rc-
celpts , 769 head , no trading , feeling stead ) ;
exports , 719 head cattle and 523S quarters of
beef.
CALVKS-IUcelpts. 148 h-nil ; firm to 2fc
hlfirlier : poor to prime veHl , $ l.OOC650 ; city
drt * sed veals , 7fi7W < , per Ib
SHBKP AND LAMH-S Hecelpts. 3,139
head , sheep firm , lambs , fiJHOc higher ;
prime clipped sheep , $ " > 50 , tltiMiorn lambs ,
io < * fi7 12Vk. clipped lambs , J6 40flb 70 , .spring
In tubs nominal
lIOGS-R'celpts , 1,141 head ; higher nt $3 10
< 5110 , choice sialo hogs sold late ) esterday
at $4.50.
li HIBlTt.
Stne-U ) .
I'ollowlng are the rJoeJpls al the four
principal western markets for Mnv 11.
Cnttl * . Hogs Sheep.
Omaha 007 6911 14i
Chicago ] BO 10000 GW
Kansas Clly IfO 30V ) ? 20
SI. Louis SoO 4400 100
Totals . .1,327 23,191 2,100
OMAHA CHNKRAl , :
ronilltlon of Trade nnil ( Itiolndonn on
stnplc unit rn inj I'roiluei- .
HOGS Receipts , light ; demand good at
HeRUTTHR - Common to fair1. MfTlIc ;
choice , 121jllc , separator , ISc , gatherctl
etoamerv. JGc
POULTRY Hens , live , flc ; old nnd
slngg ) rooslors , live , 4jSc ; duclw and geese ,
live , SQllc , lurk ys , live , lOc ; broilers ,
dressed , per doz , J1.60
P10ioNS-Llve. : per doz. , 75cff$1.00. (
VHALS-Cholc- -
PRiSH WATHR riSII-Catnsh , per Ib .
12c , liuffalo , ier Ib , dressed , GTi7c ; white
llsh , lOc ; lake trout , 9c , > cllovv pike ,
die-ssod , 9c , round , Sc ; silver herring , oc ;
perch , 6c , bullh ads , dressed , lOo ; black
bass , 14T15c.
SiA riSH-rionnders , Sc ; haddock , lOc ;
Columbia river salmon , 15c , halibut , lie ,
liluo llsh , lOc ; Spanish mackerel , lOc ; ted
snapper , lOc ; extra large mackerel , each ,
Mo , roe shad , each , 40c , shad roe , per pair ,
20j25c. ( [
FRUITS.
STRAWnHRRlUS-Per crate , $225.
CRANlinilRins-Jersevs , pet bbl , $7.50
I'lNHAPPLnS-Per doz. , $ J.OOfr22Ti
CIIIlHRltS-C.allfornla : , per 10-lb. box ,
$1.73J 00.
00.TROPICAL FRUITS.
LHMOXS California , fancy. $3.50 375 ;
eholec' , $ )25t73&U. ) Messina , fancy , $100
ORAXGUS-Navols fancy , $1 00 , choice ,
$37iW(4no. ( so dllngs , $300 ; Med sweets , $125
< 0-160.
HA N'ANAS Choice , crated , largo stock ,
per bunch , J2 Ktfi 30 , medium-sized bunches ,
Jl uTi"'Xi
UATUS Hallow eo. CO to 70-lh. bo\es , 6c ;
Salr , Go ; Fard. 9-lb boxes. lOc.
WAX HHANS-One-thlril bu. , E0cjfl 00.
STRING HiANS-One-tblrd bu. . G0(75c.
PlIJl'LANT Home grown , per Ib. , 2c.
IHOnTS-l'or bbl , $1 20.
PARSN'IPS Per lbl. , $123
RAD1S11US Per doz bunches , 20f(23c. (
TOMATOES Per 6-basket crtite , J300 ®
to 50
SPINACH Per basket , 7GcQ1.00.
L11TTUCK Homo grown , per dozen
bunches , 30fi40o.
ASPARAGl'S Homo grown , per down
bunches , 206 ! 0c
ONIONS Homo grown , " > e.r dozen
bunches according to size , 1020c.
CAHHAfU : Crated , per Ib 4c
CAULIFH\ViU Per crate , $2 2.VST2 50.
ONIONS-Ver bu 90cijl ( 00
HUANS Hatin-piciced navy , per bu , $1 50
POTATOES Choke Iowa , sacked 50 ®
fiOn : Mlnnpsntii lltirlinnks. 75flSOc : Colorado.
90c : earl > Ohio seed potatoes , $100t'110 '
SWHET POTATOES Per libled. . $2 W.
CtTfUMBHRS-Per doz , $1.001 25.
NEW POTATOES Pur bbl , $3 0003.50 ;
lier bu , $ . ' 23
23MISCELLANEOUS.
MISCELLANEOUS.
- . , each ,
MAPLE SYRUP Klvo-g-al. cans
$2 iO , ga . cans , pure , per doz , $12 00 ; half-
gil cans , $ r. J , quart cans $350.
NUTS Almonds per Ib , 17e ; Brazils , per
Ib , OfilOc , English walnuts , per Ib , fancy
soft shell , 12'jiJnc , standards , lOflllc. 111-
borts , per Ib , lie , pecans , polished , S'iyiO" ' ;
cocoanuts , per 100 $4.00 , peanuts , raw , 5Vi
( JfOc , roa tcil. G'yinc
MAPLE SUGAR Choice , In boxes , Oc.
HONEY-Cbolce white , 12"13e
CIDER Per half bb$300. .
SAUERKRAUT Per hilt bbl $2 OOUC 25.
HIDES , TALLOW , ETC.
HIDES No. 1 gteen hides , 7'4c : No. 2
green hides , o'ic , No. 1 salted hides , SVic ;
No. 2 sailed hides Tie , No. i veal calf , S lo
12 Ibs. , lOe , No 2 Veal calf. 12 to 15 Ibs . Sc.
TALLOW , GREASE , ETC Tallow. No. 1 ,
3W.e , lal ow. No. 2 3c ; rough tallow , 1M.C ,
white grease , 2V ( ft3c ; yellow and brown
grease , Hif)2Uc.
rUHS-Mlnk 1075c ; bear ( black or
brown ) , $3001 ( 000 ; otter , $1.509 $ 00 ; beaver ,
$10037000 , skunk , 15J75c : muskrat , 3f10c ;
raccoon , 15t(50c , led fox , 23cffi$1.25 , gray fox ,
25ilDOc , wolf ( Umber ) , 23cf$2uO , wolf ,
( prairie ) , e-o > ote , lOfjCOc , wildcat.10i023c ,
badger 5fJ40c , silver fox , $30.00117500
SHEEP PELTS Otcell halted , ach , loj ?
75o , Kreen salted shearings ( short woolcd
early skins ) , each , 15o , dry sheatlngs ( short
wooled early hklns ) , No 1 , each , 5c , dry
Hint , Kansas and Nebraska butcher woo !
pelts , per Ib. , actual weight , 4f(3e ( , dry Hint ,
Kansas nnd Nebtaski murrain wool pelts ,
per Ib , actual weight , Tii4c , dry Hint , Colorado
rado bulchei wool pelts per II ) . , actual
weight , 4f(5c ( , dty Hint , Colorado murrain
wool pets , ner Ib , actual weight , Stjlc.
Hnl Km < > ! < InrUot.
BALTIMORE , May H rLOUR-Qulet
nnd llrm , receipts , 10.0J3 bbls , exports , , S9S
bbls WHEAT Dull Spot , 7234i7'c ( ! , month , 723 ,
( iI72vsc. , June and July , 74fi7mc ; steamer ,
No 2 red , ii7 ? < ( irG7o , r celpts , 107 2l7 u-u. ; ex
ports , 16000 bu , southern bj sample , CS ®
iSlic , southetn , on grade GSiir(73i ( < c
CORN Easy Spol , 37TWKSc ! , month , 37\
ffiSSc , June , 37aiffn77 c , steamer mixed , SGij )
36 > ic. recflpts , 111 3 ,0 bu . exports , 328,114 bu ,
southern white , 41Vi&l2c ; southern yellow ,
.
O'ATS Sleadv : No 2 white : ; 3Ugi4e ; No
2 mixed 31 < T'll'4c ( , ret "ipts , 10,107 bu , ; ex-
portb. none , stock. 331,887 bu.
BUTTER Sleady.
EGGS-Sleady.
CHEESE Steady.
ICANSAS CITY , May 13 EGGS Market
firm , trade heavy and storage demand lars" .
Stock 1s be 1 lining to run uneven In quality.
rYesh Missouri and Kansas stock , In new
cages , cases Included , lie ; cases returned ,
WHEAT Receipts , 43,500 bu , ; corn , 11,700
bu . oats n ( too bu.
SHIPMENTS Wheat , 10,200 bu. ; corn , 29-
200 bu. ; oats , 2,000 bu.
Toledo Miirlkt-t ,
TOLEDO , Mnv 1'i WHEAT Dull , weak ;
No 2 ca"h and May , 72V bid. July , 72Hc.
CORN Dull , easy , No 2 mixed , 3IHc.
OATS Dull , steady , No 2 mixed. 27'/.c.
RYE-Flrm higher. No. 2 cash , 59c bid
SEEDS Cloverseed dull , lovvet , ptlmo
cash , $350 ; October , $ IHO
Mil vi mi ) . ( < IJrnln 1lnr ) . < - ( .
MILWAUKEE , May 13 - WHEAT
Lower , No 1 northern , 72iie , No J north
ern "KiWie
RYE Stcadv ; No 1 COWfcfiOc.
BARLEY-CJulel ; No. 2 , l.'o , sample , 30 ©
39' 'sc.
I'oorln
PEORIA , May 13. CORN Market steady ;
No 2. T ) %
OATS-NO. 3 white.2"i102Sc. ! .
WHISK \-Matkot lit in on basis of $1.26
for Ilnlslcd goods
Mlnrii-nnoIlM Win-ill
'MINNEAPOLIS , May 13 AVHEAT-In
store ; No 1 northern May. GS5ic ; July. 6uvH
( i/G'j ic ; September. 67'1 c On ti.ack : No. 1
hard , 70'io ; No. 1 northern , C9Hc ; No. 2 ,
GSUc.
llliiiii-iipollx
MINNEAPOLIS , May 11 KLOUR-FIrst
patenls , $ 05 75 : stcond patents , $ -t,45Q )
Ilrst cl-ni , JJ COTi'.70.
IliilutliVlnnl Mnrl.i-t.
TH. May -WHEAT-NO , i
cash , 7iHc , May 71' c , Jul ) . 74 > 8c ; No
northern , cash , 70'c ' , No. 2 northern , cash ,
CGVic. _
' oflcilnrU < -l.
NEW YORK , Muy -COFFEE-Opllons
opened quiet at unchanged prices , ruled
Inactive and nominal , intlrcly without upec-
ulallvo Interest and local tradern watching
Wall btrcel's rather weak timid torn- follow
ing unsBtlsfaclory cables and slack spol de
mand Closed tea ilv nc-l unchanged , sales ,
600 bags Including December nt J5 70 Snot
( offee , Rio , dull ; NO 7. Invoice , $6 3JV4 , No ,
7 jabbing , $0 G2Vj. Mild , dull ; Cordova , $8 TO
4J13.00.
NEW YORK May -SrGAR-Raw ,
slejullor In tone fair r fining , 4'ic , centrifu
gal. SO test , 4e , molHwes sugar , 4e , re-
tlned. quiet but llrm , No C , 4 11-lGc ; No 7
4 .0 , No S llCc. . No 9 4\4c No 10 , 4 7-1U ,
No. 11. 4V : , No 12 45-lGe , No 13 , 4Uo , No
14 , 4ljc , mould A , &V . standard A , 5 < 4c ,
confcctlonurb' A , 6'icc"t loaf , 6'ilt ,
crushed. 5o : powdered , 6V4c , granulated ,
Os e , cubes , 6Vic
Culliill 'Mlil-l.rl.
ST LOUIS , May -COTTON-Qulct . no
sales reported , nilddllnt1 1 3-lCc , rerefpU ,
1 417 ball a , shipments , 1.15S bale * , utock , S3 , .
007 bales ,
Ml'iTS OF A LONG CHASE
Fact ! About ths Hunt nnd Capture of th
Pennsylvania Countorfcitors ,
SMOOTHEST JOB OF THE SECRET SERVICE
M i'lili ) T > of tlie lU'iinrlitiPitt
1'tit to Work for a Yi-nr lloforc
Cninv lion It Wiui
Mono.
The astounding counterfeit conspiracy In
volving well known men of Philadelphia
anil Lancaster , which has been the reigning
sensation ot the last ten days , was the most
elaborate crime of Its kind ever known and
the work of the United States secret servIce -
Ice agents In delving Into the mazes of the
gang's operations and weaving together thu
Intricate threads ot evidence upon which thu
.conspirators wore arrested has been the
greatest iileco of detective work on record.
The magnitude ot the operations ot the
counterfeiters , the skill with which they
were executed , the supreme audacity and the
entire scheme and the character ot the men
liuohed In It have lelit extraordlnarj Inter
est to the case. Manv of thcso details have
become public property , owing to the start
ling dally developments , but of the patient ,
tireless , pertinacious and adroit work of the
detectives who unearthed the crlmo llttlo
has been known. The glory of this crowning
triumph on the part of the secret sorvicu
operatives will bo oven greater than It Is
when the labor of the agents , with all Its
romantic and thrilling accompaniments , is
understood.
llxpi'rt Coiintet-rcltprH.
The usual run of counterfeiting gangs , re
lates the New York Herald , has heretofore
been made up of disreputable nnd inconsequential
quential rogues , who bungled their Illicit
game nnd Invited exposure by their crmlo
efforts. IJut the men now in prison were ot
dlffeient breed 1'osscsslng the highest order
of Intelligence , dating and mechanical skill ,
they vvcro a source of extreme anxiety and
even of doubt In the United States Treasury
department for moro than a year , and even
after many months of the most persistent
shadowing ever exercised by detectives , the
government authorities feared that they
would not be able to fasten upon the shrewd
conspirators conclusive evidence ot their
ama/lng crime.
It can nowbe said without fear of contra
diction that In no other country on earth is
there cmplojed in the Interests ot govern
ment a body ot men possessing a higher or
der of shrewdness and honesty than the
scoot service bureau of the United States.
Gaboriau never imagined more sagacity , acu
men , tireless endeavor and melodramatic In
cident on the part ot his favorite detectives
than have been exhibited b ) Chief John R.
Wllklo , Captain William J. Hums and their
men In their long hunt upon the trail of the
Jacobs and Kendlg band. It was a detective
feat that will long be remembered as the
most masterly effort In the history of the
secret service. The faithfulness of the chief
of the local district , William J. McManus , in
the face of hugo bribes and promises of a
share In the counterfeiters' spoils Is no less
noteworthy than the keen perceptlveness and
instinctive judgment displayed by Chief Wll-
klo and the cool , nulet , exhaustive tracing of
clews by Captain Uurns.
CiuiKlit .MlNt 111 'I'liiie.
It is now openly said by the government
oniclals that It the crime had not been
detected vihcn it wan the men would have
produced counterfeits of $100 , $30 and $20
bills that would have defied detection oven
by government experts , and the wealth
gained by the gang would have been prac
tically unlimited. It docs not require a
student of finance to understand what dis
aster this would have meant for the gov
ernment.
It Is the biggest counterfeiting case In
the history of the secret service because ,
In the first place , It caused the secretary
of the United States treasury to call In
the entire Issued ot $100 Monroe head sil
ver certificates , amounting to $26,000,000 ;
and , second , because the men who were
backing the bchomo had an abundance of
money with which to push It and the high-
eat order of brain matter -with which to
execute it. Such is the verdict of old-tlmo
detectives who wore Instrumental In the
as
conviction ot such bhrevvcl countertenors
Sam Stewart , 11111
Colonel Bill Cregar ,
Stewart , John Ilyer. Haus Abrams , Mat
Sam Hamsey , Jack
I'rlce , Henry Bowers ,
Bill Johnson and
O'Leary , Frank Mackoy.
Brockway , most of whom , after being "long
" dead.
term men. are now
' Hollar CoiuitPi felt.
OutHmiilri'il
Tlu > Out-
The distinction of having been the first
Imitation of
man to discover the wondciful
the famous "Monioo head" $100 silver cer
tificate belongs to George Crenier , assorting
Philadelphia eubtreasury.
ing teller of the
Copies ot this spurious note had been passed
by nearly every bank In the city. Some of
them had even found their way Into the
United States treasury. This was more
than two years ago. The Treasury department
investigation. The discoveries
ment began an
eries of the secret service operatives aston
ished all the officials , from Secretary Gage
down. The counterfeit so closely resembled
the original that In many cases even the
government experts were deceived , and for
Washington
at
a time there was even a doubt
certificate had
bogus
ton ns to whether a
actually been made or not. The only measure
that suggested itself to Mr Gage as
ure
the gigantic frauds
to prevent
adequate
planned with such acumen and executed
from circulation
to withdraw
with such skill was
lation the entire Issue
For the first time in the history of this or
other country r. counterfeit drove the
any
Warnings
circulation
legal currency out of
thiough-
banking house
vvero posted In every
" head" certificate
the "Monioo
out the land and
be legal tender In fact
cate soon ceased to a
as well as In low.
who wore capable
It wa.s obvious that men
of making one note of such o wonderful approach
could make another and
preach to perfection
It was
officials held that
the government
necessary , in order to maintain the Intogritv
to capture the counterfel'ers
ot the currency ,
. Tor the ex
and destroy the spurious plate.
press purpose of carrying out EO Important an
undoi taking a new chief of the secret service
bureau was appointed. The selection fell
upon John 15. Wllkle , a young newspaperman
whoso early training as a
man of Chicago ,
detective had been as a reporter In the po-
llco courts ,
When Mr. Wllklo began he found otho-
work. Ho
lutoly no clew upon which to
obtained many copies of the counterfeit , but
ho could not trace thorn to anjbody who
could possibly bo a counterfeiter. Tinally ,
ho made the heroic decision to place under
surveillance evuiy engraver in the. country
who was capable of doing high class work
It was Inferred that the work had been
done In the spring of 1S97 , as It had been
ascci talncd that the spurious notes had up-
peartd as early an Juno of that year. The
how the engraving
first move was to discover
ing plants of the country hod been employed
during those months From the start Chief
Wllklo believed the work to bowhat Is
known as the photo-engraving process , and
the counterfeiters to be new and superior
men. As his right hand assistant In the
cafio he brought Into requisition Captain
William J. Burns of Washington , one of the
keenest Vldocqs in the world The chief
had made a shrewd surmise that the coun
terfeiting was dune In Philadelphia , and to
that pout he assigned Captain Burns nnd his
mon For months the detectives patiently
Investigated the affairs ot all thu local en
gravers They found that the ofllcu of Taylor
& Hredell , at Ninth and Filbert streetH , had
been closed to customers frequently during
thu spring of lb'J7 , and that the two youuc
OF OMAHA ;
DRUGS.
nee"
Olftrtv Wlnni and
Onrnw 1Mb tad Uarntr Atrta
CREAMERY SUPPLIES
he Sharpies Company
Crcawerv Machinery
And Supplies
Hollers , Engines. Feed Cookers , Wood PuU
leys , ShaftliiK , Ucltlns , Butter I'uck-
3G8 of nil kind * .
KJ7.809 Jones St.
ELECTRICAL SUPPLIES.
estem Electrical
Company
Electrical Subfities.
Eleotrlo Wirlnir Uelh nnd Oas L Mlno
_ 0 _ W JOllNSTON. Mir _ lSU > _ Uowar < li. _ _
John T.
\Sf
CONTlt.\OTOR
ELECTRIC LIGHT
and PO WER PLANTS
42/1 South 15th St.
HARDWARE.
| ee-
tat
Wholesale Hardware.
Bicycles and Sporting Goods , 1219-21-23
noy Street.
SAFE AND IRON Vv ORKS.
G. ANDRKCN , Prop.
Makes a specialty of
J TIfT KS ( APES.
JLJV.J-S MM'TTKHS.
And Burclar 1'ioof bafns 11111 Vim It Doors , etc
O1O S. 1 Kh St. . Omnhneli. .
men had been spending money lavishly.
This was the first Information which the se
cret service could regard as o tangible clew.
The bureau was employing .scores of men
from all parts ot the country and paying
out money without stint.
The rirnt Scout.
Chief Wllklo , who was In New York , re
ceived n telegram from Captain Burns on
March 12 , 1SOS , announcing that he had "lo
cated our parties " Mr. Wllkle hastened to
Philadelphia. He was soon convinced that
Arthur Tajlor and Baldwin S. Bredell were
the guilty persons. Tajlor was a past grand
master of photo-etching on steel nnd had In
vented n process of his own , while Bredell
was a mechanical genius who had made sev
eral notable Invcntlona and was an expert
transferor.
A systematic scheme of shadowing was
then instituted. Everything that was deliv
ered to Taylor & Brcdell was noted. In this
way It was learned that the fitting up of av
paper mill was In contemplation. The two
partners made frequent trips to Lancaster
and by following them the secret service
men established a connection in the counter
feiting echemo with William CM. Jacobs and
William lj Kendlg , two extensive cigar
manufacturers of that city.
Not a package went Into either the Phila
delphia or the Lancaster offices of these men
without Its contents being known to the
secret service men and not n movement was
made by the suspected persons that was
not noted. Detectives from one part of the
country would shadow them for two or thico
elaja and then drop them , their places being
taken by agcntn from another section All
the best men in the government secret serv
ice were thus brought Into the case at one
time or another.
One incident , In Itself trifling , Is told as 11-
lustratlvo of the numerous clavnr llttlo
strategies which entered Into this prolonged
detective hunt. The agents wanted to ob
tain entrance to the engraver's shop Ono
day when the on and boy came out Into the
street , a secret service operative carrjing a
bundle , told him that ho could earn a quai-
ter by delivering It to a nearby hotel. The
offer was gladly accepted ,
"Now , my boy , " said the man , when the
errand had been performed , "this bundle Is
really Intended for a theatrical compinj
You are a bright young fellow and there
will bo a fine chance for > ou to join It. You
would look well In this costume "
Then the detective painted a glowing pic
ture of the charms tlmt theatrical llfo would
have for an aspiring jouth The Thespian
ador of the boy was Inflamed Ho thought
well of the proposition Accordingly ho
was Invited to try on the toggery In the
bundle He-consented at once Then while
his clothes were olT the Hankshaw slipped
hla hand Into the pockets Ho found thu
key ho wanted , qulcklj inndu a wax linpros-
slon of It , sent the boy away without sus
picion and was thus rend ) to obtain access
to the place where the secret plates of the
counterfeiters were Kept without having ex
cited the slightest fear on tholi part , watch
ful an they were
wereA
A I.ontr lluiil.
Week after week and month after month
the secret service men brought Into requi
sition from Boston to California , watched
the movements of the Philadelphia and I in-
caster plotters. It was not until hint Jan
uary that the remarkable connection with
the cose ot cx-Unlled States District At
torney RlleTj P. Inghnm and ox-United
States District Attorney Harvey K. New lit
of Philadelphia was brought to light. The
reputation of these lawera made this con
nection a surprising one , even to the secret
service men , accustomed to suiprlsos. Ix-
tra detectives wcro put on the raso It was
soon found that Jacobs and Kendlg weie
using only a small proportion of United
States Internal revenue stamps for their
cigars , although tboy were sending their
goods to every part of the country , some
times manufacturing as many aa 10,000,000
In a month Then it was discovered that the
two men had apparently succeeded In brib
ing a revenue collector at Lancaster , Sam
uel B Downey , and that they weru fully
posted by him as to the movements against
them by the becret service men , who had
taken Downey Into their confidence. A
change of plans were accordingly made and
a llttlo over a week ago the arrests were
made which , with thu developments that fol-
lo-wcd , startled the tountrj
Besides , Jacobs , Kendlg , Taylor and Bre
dell , there were taken Into custody In ham
and Nowltt and Hovunuo Collector Downey.
Upon learning of the long and conclusive )
work of the dotoctlvos the counterfeiters
thren up their hands And made full confus-
slons , Implicating each other In the crime
At the trial they will plead guilty and throw
themselves upon the mercy of the court.
The chart" against Iniham and Ncwltt wo *
HAHNESS-SADDLEHY.
J ( LHancyftCo. i
nyr
A ,4.V/ > COLLAR *
fobber * ltaihr + , tadillrril ttonttear * , Kl < k
We sollcll ) our order313315317 S. ISllv
BOILER AND SHEET IRON WORKS
Wilson
& rates
) WIUou t DruUc.
Manufai turets tmllorn , smoke stneks nnd
fcre'cbltiRs , vrossurc , irndeiln'f , sheep dip ,
larl nnd.rater tanks , bolln" tubes con-
ftnntly on bund BPI onil 'mwl ' lirtllors
honrlit and o'd nn-ial and prompt to
tepatm In city or country 19th nnd Pierce.
BOOTS-SHOES-RUBBERS ,
mercan
Sewed Shoe Go
M'frs I Jobbers of Foot Wear
WKS1I UN AOENTSron
The Joseph Bauigau Rubber Oo.
Rubbers and Mackintoshes.
Tor. 121ftciith A. Paimim Sin. , Omnliii ,
CHICORY
Orowerm nnd numufuctuieri at all forma ot
Chicory Om > ha-rretnontO'N < ll.
DRY GOODS.
II & UQ.
lcip itersonJ ) ebb riol
Dry Goon's , Furnishing Goods
AND NOTIONS.
rONI I9S3
H.RPEMNEY&CO.
tOOM4hrUFEBU > Q. BRANCH l03BtlSt
OMAHA I1ED. imcoui
JM1ES E. BOYD & GO , ,
Telephone 1031) ) . Omuh.i , Neb
COMMISSION ,
GRAIN , PROVISIONS and STOCKS
UUAKU Ol1 TRADB.
Direct wirrx lo eaileaKO anj Nevr York ,
undenlfit Jnhb A. WarMr * & C& .
conspiracy lo brlbo William J. McManus , a
sccrel sot vice opctatlvc , to "tip" the cjiun-
lerfellers as lo Ihe movements of Iho de-
lecllves At the heating of the two attorneyi
before United States Commlbbloner Ed
munds , Kendlg , who was produced aa a htar
witness , spiang another nensnUon by turn
ing stato's evidence nnd giving tcsllinony
lo Ihe effect that on certain dates lie had
paid mono ) to Mr. Inglmm , amounting in
all lo $ (5,000 , to bo used by him nnd Ills part
ner , Mr. New lit , in btlblng Agenls McMa
nus and Durns Jacobs and Kendlg , the
leaders of the gang , wanted Immunity from
arrest for n vcar , In which time they could
dispose of their counterfeits , reap their
wealth and then leave the country The
bribery of tl'e secret service men was to
huvo cost ( hem $30,000 for the year. Dut
McManus was honest , accotdlng to the gov
ernment's side of Iho cnwe and after receiv
ing two bribes of J.IOO each , under the In-
slrucllons of his chief ho made an aflldavlt
upon which wcro bated lite arrc'sls of the
Iwo law ) cis.
Hctiiiif hlnin | > n C'ounti-rfi-lfi-il ,
The counlerfellliiB of Internal revenue
stamps for their cigars had been conducted
by Jacobs and Kendlg for two ycar They
had boiiRlit their own p.ipui nnd Ink mm
were going to establish a big priming estab
lishment and paper mill of their own In op
position to the government. When the raid
was made on their premises at Lancaster
over nine tons , of paper were found II was
falmllar to gov eminent paper.
After their arrest the tovcnuo offlcorn
throughout the country began a seatcli after
the fraudulently stamped cigars , with llio re-
sull ( hat millions of cigars sold by Jacobs
nnd Kendlg liavo been seUed nnd Iho gov
ernment Is bhown lo have been defiuuded
out of about $2.0OCO of Intel mil tovenue
The trial of Jacobs , Kendlg , Taylor , lire-
dell and James Hums , un employe of Ja < nhs ,
will bu held In the United States court In
I'hiladelphla en the thild Tuesday of May.
All thebo men are now in MoameiiBlna
prison with the exception of Kendlg who
obtained $23,000 ball. Jacobs was bold under
$45,000 ball nnd Iho others In $20,000 each.
On the four Indictments found against tha
men they can receive terms of Imprisonment
aggregating sixty yeats
While the counterfeiters make no defense
Iho Iwo lawcm Impllpated.Messrs Inglmm
and Now III , are making a most vigorous
fight ngalnsl Ihelr accusers They hnvo re
tained A. L S Shields the famous criminal
lawyer of Philadelphia , who will pit hltiiHclf
against United .States District Attorney
James M Heck In whal will undoubtedly boone
ono of Ihe greatest legal buttles that has
been seen in the United Stales courts for
years. Mcgsrs. Ingham and Nowlit are n w
under $10,000 ball each for tllal nl Hie next
term of court and profess entire Itmoicnco ,
holding that their relations with ihc count-
orefellerH were mutely that of counsel and
claim that they will show they have done
no wrong.
Jacobs , who Is the king bee of the gang ,
Is regarded as a psjchologlcal wonder Hu
Is without pelty vices , devoted and fountain
to his family , and ultcnttvo and rcxulur In
the pursuit of his supposed legitimate busi
ness , } et for many years he has been the
head and front of gigantic criminal enter-
prlsefc Kendig , cool , keen , quick and thor
oughly buslnchs-llko , IB u worthy hcci/nd ( o
tmch a man , and the two together have ac
complished whal probably no other pair la
the country could have dono.
' War Album ,
MINN ( iiiulil'N
The album which -Mlaa Helen Could lll j
eherUh among her war t.ou\cnlrs nutns I
the uuiographs of 3 000 soldiers and tailors I
who fought In the late uut U Is fourteen '
Indies long eleven Inches wide anil three
anil nno-balf inches thick Among other
ttutotiuplia are these of General Wheeler ,
Governor Iloosoclt anil Vmmor