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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Jan. 5, 1903)
Till? OMAHA DAILY MONDAY, JANUAHY 5. 1903.
MINING IN THE BLACK HILLS
Tear Just Ended Hai Br en lft Froipe: ui
in History of that Section.
PLENTY OF WORK FOR ALL WHO WISH IT
Many Companion I'liinnla to Work
a a Unrr Scale Than Kver
Before iolil Found In
a Coal Mine.
DEADWOOD, 8. D., Jan. 4. (Special.)
The year just closed baa been a very suc
cessful one for the Black Hilla. for besides
the success which haa attended on the
mining enterprises already established, now
companies have been formed, new mllla
tarted nd new mlnea opened which will
Hot only give employment to more miners,
but will add to the yearly output of (told.
At near aa can be figured, the gold product
lone of the niack Hilla amounted to
8.273,32. Thla amount waa secured from
1.869.944 tona of ore, of an average value
t $4.65 a ton. Nine new plants are lu
Course of erection, and will be In operation
before the present month haa passed, and
with thege running the total output of the.
mines will be Increased 33 per cent, and
the output of bullion amount to something
over $1,000,000 a month.
The new planta will run on higher grade
re than haa been treated as a general
thing In the planta now In operation, so
the estimate of $l,000,0on a month la not
an excessive one; in fact, It la a little
low, and It would not be surprising did
the amount of gold produced equal $14,
000,000 for the year. The figures nbove
given do not Include the silver and copper
and lead produced for the year, which will
mount to at least $1,500,000.
The year has been a very prosperous one
In every line of Industry In the niack Hills.
In the city of Deadwood alone the new
buildings erected have cost, over $600 W0,
while In the city of Lead the building op
erations have required the expenditure of
a much. If not a little more money. Sev
eral of the smaller mining campa of the
northern Hills have been visited by build
ing booms, especially the new town of Malt
land, In the Garden Oily district, whero
la located the new milling plant of the
Penobscot Mining company. At thla place
complete town baa grown up around the
works of the company, and a postofflce,
express office, public schools and the other
eonventencea of a city established. Busi
ness haa been good and the merchants en
Joyed a bigger trade than ever before, more
men have been employed, and the Idlo
men have been those who did not wish to
labor, and would not. The new year opena
with the brightest of prospects, and not
kick la eomljg to anyone engaged In min
ing or trade. ,
Strike of Phonollte.
A strike of rich phonollte ore baa been
made In the Elkhorn mine, situated on
Deadwood gulch, weat of Centrat..Clty. The
And waa made In the tunnel which la being
driven Into the hill by the company, and It
la said to be from four to aix feet wide, a
vertical vein of ore. The ore la said to be
very rich, some of It assaying up Into the
hundreds of dollars. The Elkhorn adjoins
the Pennsylvania mine, from which haa
bean shipped so much rich ore. Thla la
the fourth strike of rich ore which has
been made In the aamo neighborhood, the
Pennsylvania being the first ground upon
which phonollte In anything like quantity
bad been found. Then came the Golden
Treasure and the Gladiator, all of them at
the preaent time taking out rich ore. The
Big Four, across the gulch from these loca.
tlons, also has the same ore in Us work
ings, and all of them appear to. be of the
same average richness. It la said that a
plant will be erected on 1 the Gladiator
ground in the spring for the treatment of
the ores from this district, and appear
ances at the present time would indicate
that it would be a paying Investment, for
there is certainy ore enough of thla char
acter in the district to keep a good-sized
The Bessie group of claims, in Grizzly
gucb, owned by Pete and Mike Jennings,
Is showing up some gooC proapects, which
have been brought to light during the re
cent assessment work on the ground. The
property adjoins that on which the Oro
Hondo Is putting down a deep shaft and
has been opened up by a number of shafta
and drifts. A good deposit of cyanldlng
ore baa been uncovered, which glvea an
average value of $4 a ton. The ore Is a
mineralised porphyry, and aa Ilea that but
little difficulty or expense will attend the
working of It. The owners are negotiating
for the erection of a cyanide plant, which
Will probably be one of alxty tona.
It la said that an analysis made at the
Horseshoe smelter In Rapid City of the
Newcastle, Wyo coal ahowa that the coal
carries from 40 cents to $3 In gold. The
Horseshoe company recently purchaaed the
control of the coal mlnea at Newcastle and
they are now being worked under the di
rection of the company's officiate.
Custer C'ttr Prospers,
CUSTER CITY, 8. D.. Jan. 4. (Special.)
The shaft on the 8aglnaw mine la now
down 141 feet, and at that depth the vein
Is strong and carries good values. The ore
In the bottom of the shaft carries a little
more Iron than It does closer to the sur
face, but it la a good concentrating prop
osition and will pay to free mill. The saw
mill on the ground haa been In operation
all of the fall and during the winter up
until last week, and the company now haa
on hand an abundance of timber cut and
framed for use In the workings, the aupply
being sufficient ' to last through the win
ter. Everything about the property la in
excellent shape, and the mine by the time
prlng opens will be in a good condition
to furnish any amount of ore for milling.
Returns have been received from a car
load of ore recently ahlpped to Denver for
treatment from the Le Roy mine, which
give returna of $14.60 a ton. The Le Roy
mine Is being thoroughly developed, and
Its owners hope to make the development
pay for itself by shipments of ore taken
from the "workings. The ore is really a
free milling, concentrating proposition, but
Is also a good smelting proposition. They
have a big body of ore In the mine, some
of which is very rich, but the average will
do about aa the figures given above
The first of the year In thla district saw
very claim on which a showing of ore has
been made represented, ao there waa no
opportunity given for the jumper to get
In his work. All of the ground which gives
the least encouragement is being worked,
and the people down here expect to see
as nvicb activity in mining In this section
as that which characterized the mining
districts of the northern Hilla, and it la
more than likely that a number of good
properties will be put on a producing ba
sis next spring. Among these properties
rill undoubtedly be the North Star group,
upon which ss much work has been done
snd upon which as much niouey hss been
expended as any goup of claims in the
southern Hills. The company is now ex
perimenting with the ore in sn endesvor to
find suitable and eeonomlcsl process of
treatment by other means thsn with
(Solas? oa Blazer Scale.
RAPID CITY. 8. D.. Jsn. 4 (Special.)
Arrangements are being made to begin
work on sn extensive scsie on ths Gold
Standard group of claims, sixteen miles
west vf this city. The group has been
worked for number of years, snd there
had bees A number el good shoots of ore
opened up on IL Experiments with the
ore cn a small scale shuw that It carries
fnir ion .-.en IjI valuea In gold and that it
would pay to trtat In a plant situated on
the ground. The company owna a good
water right and It Is possible tint It may
erect a stamp mill on It the coming
spring and, later add a cyanide plant to
treat the tailings. Boarding houses and
offices will be erertod on the grounj this
winter and a force of miners placed at
work getting out ore.
The Horseshoe smelter at thla place Is
running night and day at Its full rapacity
on ore from the company's properties In
the Bsld mountain district and giving the
best of satisfaction.
DEADWOOD, 8. D., Jan. 4 (Special.)
Just before tho close of the year the Spear
f.sh company, the Imperial, the W'aap No. 1
and the lessees of the Rossiter cyanide
mill deposited their rlean-upa for the last
half of December, the four amounting to
$38,500. The 8pearflsh company of this
amount contributed $6,000. The express
office for the month of December shipped
more gold than In any previous month of
the year, and now that the Penobscot com
pany's big mill at Garden City la In op
eration and the Golden Crest cyanide plant
in Two Bit stsrted on its Initial run It la
expected that the month of January will
be the largest month that the office has
ever had, aa the output from these two
mills alone la expected to aggregate at
least $45,000 a month, If not more.
REPORT ON LAND QUESTION
Irish Landlords Should Reside In Ire
land. Even If Paid by Govern
ment to Do So, It Bays.
LONDON, Jan. 4. The Irish land con
ference has issued a voluminous report of
Its deliberations. In which It Is declared
that the only satisfactory aettlement of the
existing land question Is the substitution
of an occupying or proprietary ownership
of land for the exlBttng dual ownership.
Aa the process of direct state Interfer
ence In purchase and resale would be gen
erally tedious and unsatisfactory, there
fore, except where owners or half of occu
piers so decree, and except In those dis
tricts under the congested districts board,
the report recommends that the settlement
should be made between the owner and the
occilpler, aubject to the neceBsary investi
gation by the state as to title, rental and
The report emphasizes the desirability
of inducing landlords to continue to reside
In Ireland, and with this purpose In view.
It says, an equitable price should be pnlt.
owners, based upon Income, and that pro
vision ought to be made for the resale to
owners of mansion houses and demesnes.
The purchase price should either be as
surance by the state of such Income, or the
payment of a capital sum producing It, at
8 or 4 per cent. If guaranteed by the
state, tenants' repayments should be ex
pended for a term of years, securing a re
duction of from 15 to 25 per cent on rents.
To do this may Involve some assistance
from the government beyond the use of Its
credit, and the report considers that such
assistance would be Justified fully In the
future welfare of Ireland and the settle
ment of this vexing problem.
The report offers no definite financial
proposals, but It consider that an unex
ampled opportunity exists at the present
moment to doal with this question suc
cessfully. It declares also that the solution of the
land queatlon should be accomplished by a
aettlement of the evicted tenants question
on an equitable basis.
Captain Shawe-Taylor, secretary of the
conference, left here today for the United
States on board the Cunard line steamer
Ivernla. He goes to America to ascertain
the vlewa of Prealdent Roosevelt and other
prominent Americans on the land question.
In an interview before'' leaving Captain
"The government now for the first time
haa before It a practical so'utlon of thla
question, acceptsble to both land owners
and occupiers. It would be a national ca
lamity if, while truce exists between the
two parties, this unique opportunity la
allowed to pass."
LONDON, Jan. 6. The report of the Irish
conference Is commented upon on all aides
thla morning aa a very encourag'.ng docu
ment, and as Indicating that the problem
is ripe for solution. It is also said to
give valuable suggestions to Chief Secre
tary for Ireland Wyndham for the projected
The government organs, while pointing
out that the conference doea not represent
many of the great landlords, commend the
tone and disposition of the conference aa
revealed in ita report as very hopeful for
the future of Ireland. These papers con
tend that the report Involves the com
plete repudiation of the whole Oladstonlan
policy of land reform, namely dual owner
PROCESSION OF INDIAN'ORDERS
Lord and Lady Carson Lead Another
Magnificent Bpeetacnlar Feature
of Durbar Festivities.
DELHI. India, Jan. 4. The chapter of
Indian orders held last night was one of
the most brilliant functions following the
Durbar. It was led by Lord Curzon of
Kedleston, viceroy of India, and Lady Cur
zon, the duke of Connaught, repreaentatlvca
of King Edward, and the duchess of Con
naught, and scores of native-princes.
Among the brilliant assemblage were
nesrly S00 members of the Order of the Star
of India and many Maharajas.
About forty Americans were present at
the chapter. They Included Mrs. Adair,
Mrs. L. Z. Letter (mother of Lady Curzon)
and Miss Dslsy Letter, Henry Phlpps and
family of Pittsburg. P. Getty of Chicago
and -Miss Getty, and Conaul Oeneral Pat
terson of Calcutta and his family.
The hall was aglow with hundreds of
electric lights. The silken garments snd
the uniforms of the Orientals, biasing with
jewels, made the scene a most brilliant
Lsdy Curion snd the duchess of Con
naught walked up the hall together, both
attired In dresses of whits snd stiver snd
wearing diamond coronets. They took their
sests behind the golden thrones occupied
by the viceroy snd the duks.
During the ceremony of Investiture the
bauds rendered music train the balcony.
When the herald and trumpeters announced
the beginning of the function a red silken
curtain at the foot of ths hall was drawn
aside snd the grand procession through the
building began. The sight was au im
Thla morning Lord and Lady Curton, the
duke and duchess of Connsught snd sll
the distinguished visitors sttended the stste
divine service ronducted by the bishop of
i Lahore. Thousands of troops were formed
in line snd the respensea In the service
were rendered by Bag signals. A notable
feature of the service was the singing
through megaphones by the bandsmen.
On Death at Dallas.
ST. LOUIS. Jan. 4 A speclsl to ths Re
public from Dallas, Tex., says: J
H. Williams. a stable boy, snd
twenty-three horses were burned to
death today In a fire st ths plant of
Hughes Bros.' Extract company. A ware
house waa consumed with its contents of
600 barrels of sugar, glucose, chemicals,
machinery and manufactured good a Loss,
i0,0v; Insurance about half that suuv
HERRMANN ISSUES A REPLY
Protciti Against Ban Johnsoa'i Construction
of His L titer.
NATIONAL LEAGUE DOES WANT PEACE
Bat Declares Its Committee Wlskes to
Keen In Touch with Colleagues
ad Have Their Snirtlon lie
lore Artlnst Definitely.
CINCINNATI, Jan. 4 Chairman Herr
mann of tho National Base Ball league
peace commission today made the positive
statement that his committee had full
pnwer to act in negotiating for peace with
the American league. Herrmann protested
against the construction which Treildont
Ban Johnson placed on his letter of last
Friday, and when asked for a statement
by the Associated Press said:
"It seems from the telegraphic dispatches
from Chicago that an erroneous impression
has been made relative to the National
league committee. It has been Intimated
that the committee has not been rtelegateo
with authority to act. The contrary la the
fact. Our committee has been given full
power by the large majority of our clubs
and I no notified Mr. Johnson In my letter
"The committee, however, prefers not
fully and finally to exercise that power
without reserving the richt on their part
to confer with their colleagues or business
partners on the Important matters that
may present themselves during the con
ference, with the understanding, however,
that they will take such steps as will en
able them at any time during the con
ferences to reach their colleagues without
a moment's delay. .
"This action on our part has been taken
for the reason that the club owners in our
lpasus have not been In consultation with
reference to nny of the Important matters
that undoubtedly would present themselves
during the conferences, and we therefore
believe that It Is only fair and reasonable
that wo should reserve the right to confer
with those whose financial Interests are nt
stake before ccmlng to any final conclu
sion on Important matters, until they have
had an opportunity to express their views,
notwithstanding tho fact that we have been
given full power to act. By taking this
action there wilt be no question but that
our findings will be concurred in.
"If a reasonable reservation of this kind
on our part Is to be a barrier to peace ne
gotiations, then I cannot comprehend that
the other side is anxious to secure it. Tue
National league wants peace. In obtaining
It there will be no objection on our part
to havo a fair, frank and open discussion
of all the points about which there may be
a difference of opinion."
BATTING AVERAGES FOR YEAR
National Lrszsc Officials Complete
Roster STiowlnar Percentages
of Each riarer.
WAHHTXriTON. Jan. 4. The official bat
ting averages of National league players
who participated In tifteen or mire games
during the season of 19.12, as compiled by
Secretary N. E. Young, were made public
tonight. They show that the ten leading
run-s-etters were J Wagner of Pittsburg,
Jeadlng with W6; Clarke, Pittsburg; Beuu
mont. Pittsburg; Leach, Pittsburg; Craw
ford. Cincinnati; lenney, nusion; iv.
Thomas. Philadelphia: Keeler, Brooklyn;
Sheckard, Brooklyn; HecKtey, Cincinnati.
The ten letders In saennce nus were as
follows: Tenney of Boston, leading with
29; Dobbs, Cincinnati and Chicago; De
montrevllle, Boston; Keeler. Brooklyn;
Dexter, Chicago and Boston: Flood, Brook
lyn: Dunn, New York; Rltchey, Pittsburg;
Tinker, Chicago; Smoot. 8t. Louis.
The ten players Who led in sioien nwi
were: J. Wagner. I'lttsDurg, w; magic,
Chicago; p. Donovan, Ht. Louis; Barclay,
ei IjliiIk' cinrke. Pittsburg:: Carney. Bos
ton; G. Smith, New York; Beaumont, Pitts
burg; L.UST1, Boston; uexier, nucago nnu
Following are batting averages
Beaumont. Pittsburg Ml .157
Eeymour. Cincinnati -349
Keeler, Brooklyn 132 .342
Sehrlng. Pittsburg 19 .
Crawford, Cincinnati 140 .833
Phillips. Cincinnati 32 .3.13
Beckley, Cincinnati 129 .331
Wagner. J.. Pittsburg 137 .329
Kelley, Cincinnati 37 .327
Clarke, Pittsburg 114 .321
O'Neill, M., St. Louis S .318
Tenney. Boston 134 .314
Pelts. Cincinnati 14 .313
Hlaa-le. Chicago 114 .313
Bmoot, St. Ixuls 129
Jones. Chicago 63
Donovan, P.. St. Louis 126
Braustleld. Pittsburg Hit
Beck. Cincinnati 43
Barry. Philadelphia W
Barclay, St. Louis 137
McOann. New York .... 61
Doyle, New York Rti
Dobhs, Cincinnati and Chlcaga 122
Ccolcy, Boston 134
Burke, Pittsburg 55
Donlln, Cincinnati 33
Hov, Cincinnati "2
Presnahan, New York E)
O'Connor, Pittsburg 45
Thomas. R., Philadelphia 13S
Davis. Pittsburg 58
Tannehlll. Pittsburg 41
Br-.wne, Philadelphia-New York 123
Rrashear, St. Lnuis
Dolan, Brooklyn '
Brodle, New York
Murphy. St. Ixuls
! ITiitMwItt VhttnrielnhiA. .
Nichols. St. Iuls
Kruser. St. iaiuib
Fsrrell. J., Ht. 1-ouis
Bowerman, New York
Van Hsltren. New York
Smith. O., New York
Dexter. ChicaRo one) nosion...
Lauder. New York
Taylor, J., Chicago
Farrell. C, Hroomyn
Jones, J., New York
Bean. New York
Wicker. 8t. Uuiis
Williams, A.. Chicago
l.imh. C, Boston
Mctiraw. New York
Miller. Chicago . .
Hartiran. St. Iuls
I btiippe, Pittsburg
Wagi.er. C . New Yark
Dunn. New Yurk
Mtlhewsnn. New York
Currle. St. lxuls
Fvuns. New York and Brooklyn
Williams. W.. Chicago
Yeger. O.. New York
Jmknoil. New York
Smith, 11 . Ptttiburg
Iver. PI flatting
Ryan, 81 Louis
Frarer Prttlndc'rhla 17 .174
Newton, Brooklyn 82 -171
Kwlng. Cincinnati 19 .171
l..hcny. li'tsburg 21 .IN
Donovan. W., H.-ooklyn 46 .l'fl
Cronln, New ,rk 1"
U'Hsgan. Chicago-New York.. f7 .16H
Calhoun, ft. Louis 17 .15
O'Neill. J.. St. Ixiuls 66 .154
Sparks, New York IS .154
Willis, Boston 46 .lf.4
Plttlngrr. Boston 44 .141
Iber. Philadelphia 3D .14')
Cli.rke. New Ynrk 20 .19
Yrrkcs, St. I.ouls 36 .130
Whe.ler. Brooklyn 2 .12
Mclllnnlty, New York 19 .1-3
Poole. Cincinnati 17 .INI
Delman. New York-Cincinnati. 31 .115
Limdgren, Chicago 19 .'"6
Taylor, L.. New York 23
Eason, Chicago-Boston 27 .089
Itnclnsi at Oakland Today.
SAN FRANCISCO, Jan. 4 The racing
scene will be transferred tomorrow to the
Oakland track, where It will continue up
to and Including February, when the sport
will be resumed nt lngleside, with the
$m.(o Burns handicap for the main at
traction. The meeting will continue there
until February 2, and the remainder of
the season will be run at Oakland.
During the fortv-three days of the
lngleside meeting ending Saturday the New
Calllornli Jockey cluti distributed $127,524
in stakes and purses. W. B. Jennings & Co.
still maintain a strong lead over the other
owners, having 115,6X0 to their credit. Burns
Waterhouse have Jumped Into second
plnce with ts.ms, and O. R. Morris Is third
with $6,3!. Over thirty owners have won
sums in excess of $1,000. Others who have
won over $;i.Oc are: James Coffey. $5,72tl;
W. H. Kttchem. $4.wiO; W. U. MacDonough,
$3,9; G. T. Bouts, $3.3X8.
Flood to Manners St. Joseph.
ST. JOSEPH. Mo., Jan. 4 (Special Tele
gram.) H Is announced here that Tim
Flood will probably manage the St. Joseph
team In the Western league the coming sea
son, vice McKlbben, who has gone to the
PENSIONS FOR WESTERNERS
Survivors of the Wars Generously
Itemembereil lr the General
WASHINGTON. Jan. 4. (Special.) The
following penslcns have been granted:
IsKiie of December 12:
Nebraska: t irlRlnal George B. Comstnck,
Om.ihn, $10. Increas Reissue Etc. Wil
liam S. Prown, Knillcott, $17; Cauwulander
C. Pace. IJiK'oln. $1(1; Jacob J. Myers. North
Platte. $1; Ferdinand Hoffman, Ragun. $S.
Widows, Minors and Dependent Relatives
Minors of Chart's H. ItcOrofT, Harvard, $12.
Iowa: Original Charles P. Holt, Daven
port. $6; Jacob A. Fry, oxford, $: Thomas
K. Crane, .Marshalltown, $6; Earl D. M.
Asplnwall (war with Spain), Sioux City, $6.
Increase, Reissue, Etc. George R. Traver,
Dunlap. $10, John F. Landes. Westervllle,
!(; John H . Senders, Chesterfield, $12;
Phlletus Weeks New Hampton, $6; Thomas
N. Hamilton ideceased), Carroll, $10.
Widows, Minors and Dependent Relatives
Mary A. Snoop, Levy, $S; Mary K. Hamil
ton, Carroll. $8; Phebe Sprowa, Toolsboro,
$S; Anna Quick (wur wi'.h Spain), Algona,
Foulh Dakota: Widows, Minors and De
pendent Relative- Ida M. F'nch, Onlda, $12,
Issue of Dpc mber 13:
Nebraska : Original Ira Moulton, Swan
ton, Increase, RclFSiie, Etc. David Lat
turc. Raymond. $12; Alexander Johnson
lowu: Original Charles tV. Mlchen.T.
Adel, $o; Isaac N. I .n mils, East Peru, $6;
Henry B. Lcsher. Salina. $S. Increase. Re
issue, Etc. Otis Legge Republic, $12; Louis
Cavafller, Lyons $17; Henry Relnoehl, Sol
diers' H.ime, Marshalltown. $10; Napoleon
B. Metcalf, Osceola, $17: Samuel MotTatt,
Tvrone. $10; Samuel B. Rice, Dubuque, $12;
William H. Newklrk (decensed), Talmage,
$12. Widows, Minors and Dependent Rela
tivesElizabeth Iewl8. Farmlngton, $12;
America A. Newklrk. Talmage, $1S.
Wvomlng: Increase, Reissue, Etc. Jared
Franklin Main, Big Horn, $12.
South Dakota: Widows, Minors and De
pendent Relatives Sarah E. Batchelder,
Parasites Canse All Hair Tronbles.
Nine-tenths of the diseases of the scalp
and hair are caused by parasite germs. The
Importance of this discovery by Prof. Unna
of the Charity hospital, Hamburg, Germany,
cannot be overestimated. It explains why
ordinary hair preparations, even of the most
expensive character fail to cure dandruff;
because they do not, and they cannot kill
the dandruff germ. Tho only hair prepara
tion in the world that positively destroys
the dandruff parasites that burrow up the
scalp Into scales called scurf or dandruff,
is Newbro's Herplclde. In addition to Its
destroying the dandruff germ Herplclde Is
also a delightful hair dressing, making the
hair glossy and soft as silk.
JAPAN WILL YIELD"" CLAIMS
Honolulu Advices Sny Title to Marcus
Island Will Be Relinquished
to t'nited States.
HONOLULU, Jan. 4 (Via Pacific Cable).
A fire causing. a loss of over $100,000 oc-
J curred here tcday. The Ore broke out in
the general merchandise store of L. B.
Kerr & Co., and probably waa caused by
defective electric wiring. J. F. Morgan
also sustained heavy loss.
A letter received here from Thomas
Fitch, the Washington attorney for the
Marcus Island Guano company, aays that
jj,'; I Japan Is relinquishing her claim to Mar
iii.l ! cus island and is willing to allow the
j United States to tske possession. Japan
-in o.nu '
island and is ready to pay, aa a reasonable
I indemnity, $10,000 on the loss sustained on
1 ,nP trlp ot tn3 chooner Julia Whalen,
' which was refused landing on the island.
2vr Itoyaltles for Warner's Heirs.
M BERLIN, Jsn. 4. Wagner's heirs received
J? a total of $115,000 In royalties during 1902
oy, j from his operas, exclusive ot the Beyreutb
.277 profits. "Lohengrin," the most popular,
li7 yielded $68,000. It was given 99T times In
1275 ! Germany, 447 times In Holland, France and
Italy and 312 times In America snd Great
H j Britain. The American managers paid. It
'k7;l ! is estimated, $23,000 for "Lohengrin" alone.
.273 j The next popular opera was "Tannhauser,"
I which netted $32,850. The appointment of
'o,';,", I George von Huelsen as provision intendant
i of the royal theaters In Berlin, succeeding
'266 Coun von Hochberg, Is regarded as being
.y ' permanent, as Von Huelsen is s great fa
.261 i vorlte of Emperor William, who has plsced
' st his disposal the palace of the late Prince
George Hooenzouern in wuneim street
Governor of Panama Greeted.
PANAMA, Jan. 4. A great popular dem
onstration took place here Isst night in
honor of Dr. Duran, the newly appointed
governor of Panama. Members ot all po
litical parties were seen among the big as
semblage, snd congratulatory speeches
were addressed to the governor by oon
tervatlve and liberal orators.
In his reply Governor Duran said he ac
cepted the post for love ot the Isthmus
only snd that his appointment proved the
Intention of the national government to
bring about x conciliation of the different
interests In Colombia.
Chinese Minister Will Wed.
PEKIN, Jan. 4. Sir Liang Ching Tang
minister designated to the United States,
will marry the daughter of the Chtneae
minister at Paris, Yu Keng, before leaving
for Washington. The wedding probably
will take place st Canton. Yu Keng's
daughter was educated abroad and speaks
English snd French. She Is one of ths tew
Chinese women of modern education snd
Brains Hestorlaa; Palace.
ST. PETERSBURG, Jsn. 4. The restora
tion by the Chinese government of the im
perial palaces st Mukden, Manchuria, has
A Man Hsdty lalured.
Or painfully hurt, burned, brulied or
wounded gets quick comfort from Buckles s
Arnlcs Salve. It conquers pain. 15a. For
isle It Kuan 4 Co,
OMAHA LIVE STOCK MARKET
Prasticallj No Cattle on Sale, bat Prices
Lowir fer ths Week.
HOGS ALSO LOWER THAN A WEEK AGO
Sheen and Umsi of Good Quality
Hare Been Heady Sellers All Week
ad Prices Held About Steady
Feeders Quoted Strong;.
SOUTH OMAHA. Jan. S.
Cattle. Hogs. Sheep.
Official Monduy ...
Oiltclal 'luesday ..
i iliclal Thursday..
Official Saturday ..
Total this week H.D17 47.040 W.116
Week ending Dec. 27 S.S7S) 27. 1W 13.-V1
Week ending Dec. 2 17,247 54. WO 44,;tla
Week ending Dec. 13 27,343 67.UU2 4o,olS
Week ending Dec. 6 21.72U 64.436 45.M
Same week last year 13.133 48,14 11.411
RECElPTri FOR THE YEAR TO DATE.
The tuilowlng table shows the receipts of
cattle, hogs and sheep at South Omaha, for
the year to uate, and comparisons with last
I!i3. 1S2. Inc. Dec.
Cattle 2,411 ,6W ... 4.2S5
Hugs lo.btil 23.02 ... b,l. I
6heep 2.019 2.S! ... 376
Average price paid for bogs at South
Oinnna lor the last several days with com
Date. 1S02. 1901. 1900.1899.1808.18SI7.1KW.
Dee. 15... 09! I 4 84 3 6 1 271 $ 2i 3 17
Dec. li..... t Is, 2G 4 Oi j 3 w J
Dec. 17... 6 0 34 4 Si I J ?l
oil!! 12. 4 7V S2 3 2S I 3 U
K Il7ti.l It IU1 1 '14. X 'J4, 3 I 3 33 1
Dec. 2u. .
U 4 31 1 4 01 3 32 3 2 3 17
6 lm 4 IW 4 Ui 3 34 i 24 3 74
18i; e 06 I 4 04 3 37 3 21 3 17
6 -I)', 6 CS
4 S " 1 a l
A 31V. s li! 4 4 111 3 SOl
ft tl IS -Oil 1 k:.' 4 09: 3 441 3 30
1 6 2lii 4 7n 4 14 3 48 i a ft
0W I 4 811 4 16, 3 4bi 3 30 1 3 S
6 S4NI 311 I 4 14 3 40, 3 31 3 lo
6 26 6 S2 4 0 I 3 bl 3 3 3 li
Date. 1903.' 19(I2. 1K01.1900. 118911. 1SIS. 1897.
33 I 6 221 4 951 4 It; 1 3 43 3 IS
6 37 22 4 !Ki 4 33j 3 57 j 1 11
6 29 (I 19 4 96, 4 2 3 67 3 4S
Indicates Sunday. Holiday.
The official number of cars of stock
brought in today by each road was:
Koud. cattle, nogs, on p. n .
C. M. & St. P. Ry.
Missouri Pacific Ky..
Union Paclllc system
C. & N. W. Ry
V., E. & M. V. R. R..
C, Ht, P.. M. & O....
H. &. M. Ry
C, li. & Q. Ry
C, K. 1. At P.. east...
Total receipts .... 5
The disposition of the day's receipts was
as follows, each buyer purchasing the num
ber of heaa indicuted:
Buyers. Cattle. Mogs. nneep.
Omanii Packing Co....
Swift and Company...
Armour & Co
Cudahy Packing Co...
Armour, Sioux City...
Other buyers ao
Totals 93 6.S21 100
CATTLE There were Just a few odd
bunches of cattlt in the yards today, but
not enough to make a market. For the
wecK. receipts have been tuirly liberal for
hoiinay we-k 'the demand, however, has
not been very heavy, so that the general
tendency ot prices has been downward.
The beef steer market has oecn rather
uneven all the weeK, and until Thursday,
which was the low day of the week, the
tendency of prices was downward. On b rl
day packers look hold with more life, as
they had fo have a few fresh supplies, and
prices Improved a little, but still the mar
ket lor the wek may be quoted all the
way from 10c to 2 lower. The decline
afTecta all classes of cattle, but the half
fat stun always suffers the worst wnen
there are enough 01 the better grades to
till packers' orders.
The cow market has followed very much
the sair. course us the steer market. Owing
to the rapio nuctuailons ihre Is consid
erable unevenness to the trade, but the
decline, as a general thing, enn be put at
15j25c for the week. There have been u
few bu.iches of good cornfed cows that
have sold trom $3.90 to 14.40, but the sales
above 14.00 have been rather scarce. The
fair to good cows sell largtly from $2.9o to
$4 75 whlie the tanners and commoner
grades of cutters sell mostly from 2.W) to
bulls have not fluctuated as much during
the week as steers and cows, but still
they are a little lower jpr tne weex. ui ess
they are very cnuitc .
have held just about steady.
There have been scarce y enough stock-
ers ana leeueis u.. j
much atoui ihe market, but speculators
all claimed they wre willing to pay hlk'her
prices lor good stuff, as they could easily
olspin'e of ilmt class of cattle. In tlie ab
sence of the better grades the commoner
kinds also sold a little stronger than last
wek. Representative sules:
M0 i 60
1 woo 1 10 ...
MO 2 SO 11...
f 746 t JO I....
1 11S0 1 00 t...
1 m 3 in 1....
1 1M0 I 86 1...
1 . .1260 t 66 1.. .
an 1 10
.... Ml 3 lu
loot) 1 li
1240 i 00
:,7 l 3 li
RTOCKERS AND FEEDERS
1 50 I 00 10 X I 40
HOGS-There waa a light run of hogs
here today even for a Saturday, but, us
prices broke at other points, the market
here eased oft a little. The general decline
could be put at o'dlOe, lightweights suf
fering the worst. Trading whs slow all the
morning, owing to the fact lain sellers
..or. h rilnu for better prices. Practically
everything, though, was uispoaed of In good
season. 1 ne uuis ui mo uu .um 11 jih
$6 25 to $6 35, wiih prlmt) loads selling as
high SS 40. tu. 1 110 nam 11. nii.. i'i wiik-ii
there were a good many this morning, sold
largely from $6.10 to $6.2o.
The receipts for the week Show a good
increase over last week, but there U a
slight lierreuse as compared with the same
week of last year. The market has fluctu
ated back and forth considerably during
the week and closed about lj'n'itc lower
than the close of last week. Representa
at. Sh. Pr.
A. Sh. Pr.
...214 40 4 10
...Ui 40 4 10
...272 40 4 10
...266 10 4 10
...IM 40 4 10
...261 200 4 7W
...261 140 4 lo
.. .266 40 4 10
...240 120 4 10
...240 W I It
...1 SO 4 SO
...210 to 4 SO
111 ... 6
...1S 0 6 60
....1M 40 14
....132 40 4 11
....! 40 4 16
...111 140 4 16
in? ... 4 0
...,lt ... 4 20
,...14 ... 20
....lot ... 4 20
104 ... 4 20
,....24 1M IN
104 40 20
110 ... tli
....141 40 4 26
....232 40 4 26
....HI WO 4 26
....216 40 4 26
....lt ... 4 26
....210 ... 4 26
ISO ... 4 26
264 240 4 Tt
....261 120 4 2714
....222 140 4 27 Vt
142 140 6 to
....4 ... 4 K)
....214 144 4 10
....244 40 4 M
...231 ... 4 10
.... 40 4 10
I7 140 4 10
234 40 4 20
261 ... 6 0
40 4 M
... 4 10
... 4 10
... 4 10
... 4 10
... 4 12
40 4 lzi
... 4 32
40 4 2V
.244 ISO 4 !'
...2t,4 ... 4
...274 120 4 12
...131 280 4 32',
...264 40 4 SSV)
...270 ISO 4 22
...274 140 4 14
...26 ... 4 36
...2M 100 4 31
... ... 4 26
...424 40 4 16
...111 lOO 4 36
...274 ... 4 40
...21 120 40
2M 140 4 M
SHEEP There was only one car of mixed
sheep and lambs in the yards this morning
and as they were of inferior quality, a test
of the murket was not made. For the week
receipts have bpen fairly liberal for the
time of year, as there Is a good gain over
the same week of last year. The market
hi.a slo been in very satisfactory condi
tion taking the week as u whole. On Mon
day and Tuesday the tendency of prices was
upward until the close of the market 011
Tnfsdav. when the fueling was weaker.
On Wednesday and Thursuay the murket
was also rather unsteadv. but Friday it
firmed up again, so that the market on de
sirable graues of both fat sheep and laml
may be quoted steady for the week. It Is
very evldrnt that packers do not want this
half-fat stuff ana In fact packers claim
that It Is the dearest meat they can buy.
For that reason commission men are ad
vising their patrons to make their sheep
and lambs good before shipping them.
Feeders have been In very light supply
all the week snd the market has held fully
steady on anything at all denlrabiu.
Uuotatluna: Choice western lambs, te.toit
825; fair lo good lambs, $.5i(6.oo; cholc
ratlve lambs. $&2?.'fli&u; cholcs yearlings,
$4.5i4.76; fair to good yearlings. $4 u m-l U;
choice wethsrs. $4 lin4 4o; fair to good, $4 75
j-4 . choice ewes, $J fcufcH tu; fair to good,
$J0mn 0; feeler latnbs. $J.X-4 00; feeder
yesj-iiua, $i.uU4is.u; tveUsr wvttuua. Vt-JWi
3.25: feeder ewes, $l.ji'u;.25. Representative
No. Av. Tr.
7 cull ewes 91 I on
61 ewes 114 I 7S
41 lambs 66 4 15
CHICAGO HVK STOCK MARKET.
Market Is Only Nominal and Cattle
CHICAGO. Jan. 3. CATTLF Receipts,
5i" head; nominal; good to prime sneers,
$5. 4oi.4n; poor to medium, $2.":S.oo;
sti.ckers and feeders. 32.0oj4.40; cows, $1.60
tt-I.eo; hetfers. 32.rt.W4.75; canners. $1.60f
4.50; bulls, $2.tW4.4H: ealves, $3.Tof8.w);
Texas-fed steers, $J.7.'4i6.0O.
Hi tS Receipts, 22.m head; estimated
Monday. 3S.K.0: left over. 7,0no; slow to loc
lower; mixed and butchers. $5 WvyS.30; good
to choice heavv, $6.4''iii.6R; rough heavy,
KMiS.S;.; light, $6.75Jj.10; bulk of sales,
JO. 2 .'i6.SH.
SHEKP AND LAMBS Receipts, 2.00(1
head; sheep and lambs steady; good to
choice wethers, $4.0i1i4 40; fair to choice
mixed. 3.2.;4.in; western sheep, $4.006.75;
native lambs. 34 OK a. 76.
Cnttle 4.443 3.097
Hogs 21.071 4,184
Sheep 6,970 90
Kansas City Live Stock Market.
KANSAS CITY, Jan. S. CATTLE Re
ceipts, loo head; market unchanged; choice
export and dresxed beef steers, $5.054? 0o;
fair to good. 3.6Wf5.flO; stackers and feed
ers. $2 .14.25; western-fed steers, $2. 753
5.10; Texas and Indian steers, l2.eotM.nu;
Texas cows, t2.00fl-3.00; native cows. $1,259
4 3.'.; native wethers. t2.6in4.O0; csnners,
tl. oof2. 25; bulls, t2.50ffl3.75; calves. $3.25
6 50; receipts of cattle for the week. 22,700;
HOGS Receipts. J.500 head; market 6
loc lower; top, $6.47: bulk of sales. $6.2.'.$
6 40; heavy, t6.30if4t.47H; mixed packers,
$6.20i6.4O; light. to.6e6.3S; yorkers. $6.35(9
6 .35; pigs, $5.50(gj.95; receipts for the week,
SHEEP AND LAMBS No receipts, ns-
tlve lambs, $4.00434.25; western lambs. $3. 85
tft4.35; fed twe, $3.00(33. ft: native wethers,
13 .004.60: western wethers, $3.004.26;
Blockers and feeders, $2.6vji3.36; receipts
for the week, 12,900.
St. I.ouls Live Stock Market.
ST. I3C1S. Jan. 1 CATTLE Receipts,
300 hend, Including 200 Texan; market gen
erally steai'y: native shipping and export
steers, $4.54iu.T5, with strictly fancy quoted
at $6.50; dressed beef and butcher steers,
$4.00ii5.10; uteers iindor 1,000 lbs., t3.75i&'o.flG:
stockers and feeders, t2.80fll.25; cows and
heifers, $2.2575.00; canners. $1 .50iii2.75; hulls,
t2.(Mr4.25; calves. t3.754T7.50; Texas and In
dian steers, t2.70(&4.40; cows and heifers,
HOGS Receipts. 1,500 head; market 6fl10c
lower; nigs snd lights, tH.2fifi6.4o; packers,
$C 3iVri6.50; butchers, 6.45Ji6.60.
H1IKKP AND LAMBS No receipts; mar
ket nominal; native muttons, $3.60fl4.5O;
lambs, J4.7.VaC 25; culls and bucks, $2.00
4.00; stockers, tl.MKii3.00.
Sew York Me Stock Market.
NEW YORK. Jnn. S. BEEVES Receipts,
10S head; no sales reported; dreseed beef
steady; city dressed native sides, 7'Aiilc;
Texas beef, e(qlc. Cables quote Amer
ican steers at 12Vifll34ji dressed weight;
refrigerator beef, Wi9c; exports, partly
estimated. 1,692 head beeves, 12 head sheo
and 7.100 head dressed sheep and 6,125 quar
ters of beef.
CALVES No receipts; 30 head wea.rn
state on sale sold at $3,6214.
HOGS Receipts. 2.179 head; none cn rfaie.
SHEEP AND LAM BS Receipts, W.I ad;
good sheep and lambs, uteady; heec, $3.35
f(4.00; lambs, $5.ouij6.0O; dreosed mutton but
I'iC per lb.; dressed lambs, 7VM(10c.
Sioux City I. Ire Stock Market.
SIOl'X CITY. la.. Jnn. 3. (Special Tele
gram.) CATTLE Receipts, 2o0; market
steady; beeves. $3.ftiK'a'6.25; cows, bulls and
mixed, $1.50ii3.75; stockers and feeders, $2.50
I3.S5; vearllnps nnd calves, $2.2.V(i3.75.
HOUS Receipts, 4KI; market 5fll0c
lower, selling ut $..7r6.40; bulk, $6.0oij6.25.
Ive Stock Market.
ST. JOSEPH, Jan. 3.-CATTLE-Recelpts,
415 head; market steady.
HOGS Receipts. 4.761 head: market Cdfloe
lower; mixed and heavy. t.25i6.55; light
and llKht mixed, t6.1nrnfi.30; pigs, $3.25-5.90;
bulk of sales, $.i"ir6.45.
SHEEP No receipts.
Stork In Slftlit.
Tho following were the receipts of live
stock at the six principal cities yesterday:
Cattle. Hogs. Sheep.
Omaha 138 4.9.S6 118
Chicago fviO 22,000 S.OKO
Kansas City 100 2.500
St. Louis 300 l,5ii0
St. Joseph 415 4,761
fciioux City 200 . 4,800
Totals l.eSS 40,517
TtERLIN. Jan. 4. The bourse enters the
new year in a buoyant mood and last week
was the strongest known in many months.
All departments showed gains, with the
exception of a few coril shares. Heavy
gains were scored in irons upon several
prk.e advances. Ther4 Is a tendency to
believe lhat better times nave begun. Ai-
most all other Industrials scored advances.
,( )a underl!,00,i ,nut high flnanclnl clr-
1 cleg are prompting a bull tendency in
order to prepare the market for the coming
trovernment ren. rts. Ihe foreign bourses.
speciully Lond.n and Vienna, reacted
strongly here last week, the disappearance
of Wall street's financial dlfrlculiles also
caused a rapid decline In Berlin rates after
the new year. Notwithstanding the very
heavy pressure at the . relchsbank. which
lis expected jpevdlly to be relieved, the
bank's Issues of uncovered notes broke all
records by 52,000.000 marks, reaching 406.000,
0CG.000 marks. This heavy demand li largely
due to the preparations of the private
banks toward floating the new government
loan. The Frankfurter Zeltung says that
the total Issues of stocks and bonds in
Cermany during the year 192 amounted to
2.031 .000,000 marKS, as against l.ioS.O'JO.Oirt
marks In 1901. Industrial shares Issued hist
year amounted to 94.OOO.0u0 marks, against
104,oOO.iX)0 for the preceding year. The In
crease In stocks snd bonds for 1902 was
entirely due to government and municipal
loans. The German Togo company, to grow
cotton, has been organised here with a
capital ot 750,000 marks.
St. I.oals Grain and Provisions.
ST. IXH'IS, Jan. . WhEAT Lower: No.
red, cash, slevator, 72c; track. 7874c;
May. il'.-jc; July, 7oc: No. 2 hard, 66ijiic.
i CORN t ncnangeu; ino. 2 casn, 400; iruca,
40441c; May. 39Vc.
OATS Firm; No. 2 cash, 33t4jc bid; track,
$4'-c; May, S3Hc; No. 2 white, 36VxC
RYE Steady at 49c.
FLorR Steady; red patents. t3 363.60;
extra fancy and straight, $3.U6ij0.30; clear,
BRAN Firm : Backed, east track, 730.750.
HAY Timothy, firm, $11.00ijfld.00; prairie,
IttuN COTTON TIES-$1074.
lAl;iN-4 5-1637 l-16c.
HEMP TWINE He.
PROVISIONS Pork, lower; Jobbing,
standard mess, $17.76. I.ard, lower at $9.77i.
Dry salt meals (boxed), dull; extra shorts.
$-'.124; clear ribs, $9; short clears, $9 1.
Bacon tboxed), dull; extra shorts, $10.50;
clear ribs, $1060; short clears, $11.
METALS Iead. quiet, $3.95 bid. Spelter,
firmer, $4.40 bid.
POI'LTRY Steady; chickens, to; turkeys,
Vol2e; ducks, 12c: gesse, tic.
BUTTER Steady; creamery, 23ff3)c;
EUGS Steady; 22c, loss off.
Flour, bbls 8.O0O 9.00O
Wheat, bu s7.ooo S2.000
Corn, bu 11S,0 141.000
Oats, bu 30,000 60,000
Kansas City Uraln and Provisions.
KANSAS CITY, Jan. J- WHEAT May,
68c; July. 661,4c; cash. No. I hard, Wijsc;
No 3. C4((j66e; No 2 red. 4Ji4j(&67V4c ; No. S,
CORN-January. 36Ses6Hc; May. J7037V,c;
cash. No. 2 mixed. 2T,h3c; No. 2 white,
3iVt."Jc: No. 2. 3814c. ,
0ATS-N0. 2 white, 34c; No. 1 mixed, 2H
RYE No. 2. 4646c.
HAY Choice timothy, $11.60tyi3.00; choice
prairie, $9.5o& 10 00.
BCTTER creamery, 25C7c; dairy, fancy,
EGOS Lower; fresh Missouri-snd Ksnsaa
stock 20'tc loss off, cases returned; new
No. 2'whttewood cases Included. 4c more.
Wheat, bu 77.000
Corn, bu So.kio k.).2
Outs, bu 13,000 14.0u0
Philadelphia Produce Market.
PHILADELPHIA. Jan. I BCTTER
Firm, good demand; extra western cream
ery. e; extra nearby prints, 33c.
EGOS liwer: freh nearby. 29c. loss off;
fresh western. 29c, loss off; fresh southeast,
ern, 28c; fresh southern. 27e.
ttitue-ar. rlrm. but quiet; New York full
creams, prime small, 14c; fair to good
small, lSVtflc ; prime large, lic
Milwaukee brain Market.
MILWAUKEE. Jan. 3 WH"EAT Ixiwer;
No 1 northern. 75'oi6c; No. 2 northern,
J4irTi.V4yc: May. 75Va
uvi. riiiii- vv 1 MilVic.
BARLEY Firm; standard sample, M
TRADE ON ENORMOUS SCALE
While Wall Street is Dull' Legitimate
E a tin of is'on a Boom-
GREAT DEVELOPMENT OF WEST NOTED
Liquidation and Sobering I Process
on Stock Market la Drslsalas
to Show a Wholesome
NEW YORK, Jan. '4. (Special. )-Hcnry
Clews, In bis weekly market letter, says:
The year opens under somewhat different
auspices han in 1902. Then the top of the
"boom" was not In sight. Today li bus
been fairly passed: st bast so far as Wall
street Is concerned. While the industrial,
commercial and agricultural interests of
the country continue enjoying great pros
perity. Wall street Is soberly contemplat
ing Its psst excesses. The period of Intox
ication Is over; the depression following has
also fairly passed off. but the rsnk and tile
are still pondering over the extraordinary
doings of the last few years and endeavor
ing to return to more normal conditions.
The result Is a somewhat confused though
not unpromising ojtluok.
A look into trade conditions shows that
the volume of business continues on an
enormous scale. The growth of population
and the spread of prosperity among the
masses mean a great consumption of the
necessaries and comforts of life, to say
nothing of luxuries In demand by the
wealthy. The spirit of lavlshness Is abroad
In sharp contrast with a former spirit of
economy; and this alone Is a tremendous
trade stimulant. In many cases production,
rapidly as it Is Increasing In various Hues,
has failed thus far to overtake consump
tion, and so prices continue hinh. All the
chief Industries sre actively employed; and.
If profits are de lining, the volume of or
ders shows no diminution.
No Reaction In Iron Trade.
Everyone hss been expecting a reaction
la the Iron trade; yet the great steel coi.
poratlon Is still rushed with orders and has
plenty of business in sight for moirhs lo
come In spite of increased competition; the
development of the country and new uses
for iron setting aside all culctilnilon bastd
upon former standards. The same is true
in many other lines of Industry, old es
tablishments and new ones being fully em
ployed, with no immediate prospect of
oversupply. In the agricultural Held sim
ilar conditions prevail. Another crop fail
ure like that of 1901 would have been dis
astrous. Instead, we have been favored
with large crops and good prices, so that
the farming classes are unusually well-to-do
Throughout the west there Is great
activity and astonishing development. This
Is demonstrated by the congested condition
of truffle on all the principal railroads, us
well aa by the fact that the freight moved
on the Great Lakes In 192 about 27
per cent greater than In the previous year.
Just how soon the progresslv movement
will exhaust itself cannot be foretold; but
these activities are marvelous testimony
of the vigorous growth of the country.
There are Indications, however, that the
pendulum has swung almost to Its limit,
one being the speculation in real estate
throughout the country. Experience shows
that all great trade lnovcmrnta 10I
lowed by heavy Investments lu re,t es
tate after every other tleiii h.i b"n v-
ploltecl. There is no reason to be..e.vo o hei
wise than that the same ruie w:ll J"o'd true
tgaln. Increasing Importations m-.i 1.0,. be
iost sight of as depresHlon abroad hicmii'.
iges the shipment of products at prices that
must sooner or later compete with our
own. The present outlook, however, Is fur
another good season, to be continued at
least until the next harvest, and that will
be a pivotal test; for good crops Invariably
Insure pood times, while a partial ftillur",
should It come this season, will certainly
Improvement In Stock Market.
As for conditions within the stock market,
they show distinct Improvement. Of course,
national prosperity is the bedrock of values
on the Stock exchange; speculative ex
cesses of tho last few years naturally pro
duced the recent severe reaction. But Wall
street hss commenced discounting all the
food features again, and is now recovering
rom the forced contraction that followed
the Inflation of 1901 and 1902. There Is
still a large mass of undigested securities
to be disposed of, and while money con
tinues high stocks cannot do excessive
climbing. Nevertheless, the liquidation of
the last three months haa done Rood;
ciedlt Is In better shape and money prom
ises to be easier following the large an
nual disbursements and a return of cur
rency from the Interior. Our indebtedness
abroad has been reduced, and exports of
corn and cotton should soon Increase, thus
diminishing the tendencies for gold exports
that later on will have to be reckoned
with. Another consideration remains which
need not be forgotten. The market is In
control of strong hands and concentration In
banking, railroads and industrials has cre
ated a resisting force of great and unknown
capacity. This vsst power can he readily
ummI to restrain downward movements; its
effectiveness in stopping a speculative
mania has already been demonstrated dur
ing the last three months; and so long aa
It is used for steadying purposes, rather
than promoting questionable ventures, tho
effect on the stock trunkal will he bene
ficial. January should witness a more ac
tive market. There Is much less reason for
suspense; prices have had a sharp decline
and the opportunities for trading promise
to be safer and more attractive than in
the last two months. Conservatism, how
ever, is at ill the wisest course.
London Money Market.
LONDON, Jan. 4. The advent of tho new
year was celebrated on the Stock exchange
by advanced prices, in which nil sections
participated. All foreign centers lent en
couragement to the movement. New York
being the strongest buyer. The ytar begins
with evidences of expansion In every di
rection, list week opened with prices de
pressed. The condition, ho.vever, wss only
temporary and was followed by s sharp
advance and Americans closed. Saturday
showing Improvement over the preceding
There la a growing feeling of confidence
In the solidity In the situation In the United
States; the predicted collapse of the mar
ket in Avail street has not come to pus.
There have been no complaints of ovcr-
firoductlon and no evidence of overtrading
1 quoted In support of the pessimistic view.
Ihe absence or any auvunce lu the bank
rate Is a potent bull factor here, as It
avoids forcing gold shipments from New
York. The consul account at closing last
night was enormous. While ths Stock
exchange last week waa occupied mostly
with the adjustment of accounts, business
was brisk and was not affected by tho
reports of China's failure to pay the in
terest Indemnity in gold or of the uprisings
there and in Morocco, or by the Vene-
suelan situation. Central and South Ameri
can securities scored advances. The at
tention of the market la fixed on South
Africa, ss it Is believed thst Mr. Cham
berlain's speeches will have an improving
effect on Kaffirs, creating increased de
mand tor tnem ana giving ine market a
fresh export commodity.
MANCHESTER, Jan. 4. While the holi
days Interfered with ths business on the
clotn market, the situation hua not changed
materially. Producers have been har.te;' to
deal with, especially since the sharp ad
vance In cotton at Ihe opening of the year,
manufacturers have not been able to keep
pace with the rise In cotton. The offers
made by buyers have been Impracticable.
Inquiry from China has been fairly satis
factory. South America Inquiry Improved.
The Mediterranean outlet waa operated
more freely last week.
Yarns advanced during the week, but
business was restricted.
Twist was In good demand, but good de
liveries were more difficult.
Minneapolis Wheat Market.
MINNEAPOLIS, Jsn. I. WHEAT May,
73V(f737c; July. 74!o. On track; No. 1
hard, 7414c; No. 1 northern, liSe; No. 1
northern. 7 Use.
FIXH'R First patents, $3 $004 00.; seoond
patents. $3 75 nt ko; first clears, $3; second
BRAN In bulk, HJ.5iyjlJ.76.
P. B. Wtars, pres. C. A. Wsaro, V-Pres.
Established I MO.
WEARE COMMISSION CO., CHICAGO
clambers of ths Principal Exchanges.
Private Wires to All Points.
OR AIM, I'rlU VISIONS, HOIkl, UONDI
Bought snd sold for cash or
OMAHA BRANCH. Uu-111 Board of Trade
1 slspbona lwlt
W. B. Ward. Local Mtsger
HIP C8 TOt R
STRANGE BROS. HIDE CO.
tons Ct4g( sra
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