Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Feb. 2, 1909)
THE OMAHA DAILY BEE: TUESDAY. FEBRUARY 2. 1900.
iRAlS AND PRODUCE MARKET
UU CaWe Kwi, Stronj on Whett,
THIS CAUSIS A QUICK BALLY
frleee " Take ' the Cat aad Work
ttlaer "Rapidly fteaoM at a
Large DftmM la World's
: '' OMAHA. Feb. i. una.
With "practically no market for tw days
late cable news cme atrong on wheat and
started buying causing th market to rally
and prices worked higher rapidly. The rv
ooria of a large decroaae In the world s
'lulble snpply and the Improved domestic
'emend belnf the featurea. The corn mar
cel waa apecially atrong on light receipts
tnd the small offerings were quickly taken
i higher prices.
Wheat etarted steady, with trade light,,
but lata Liverpool advioea were firm and
. mowed good strength, causing acme good
buying. The crowd waa. bullish and forced
puces higher, ." , . "
May wneat opened at ll.OOH and closed
Ci-rn advanced readily on Independent
strength dua to the Improved exjiort de
mand, and with receipt almoet entirely
nut off, all offerings were taken at ad
vanced values. May com opened at 67
ana elosed at Bsc. , .. .
Primary wheat receipts were S.ono
bushels and shipments were X4,ono bushels,
-gainst roeetits last yer of 7(w, bushels
and shipments of 246,000 bushels.
Corn reoelpta were I7.000 bushels and
shipment were 388,600 bushels, aaslnst re
ceipts last. year, of , J.W.OOO buahels and
situ rnti ot 610,000 bushels.
Clearances were BM.otiO bushels of corn,
none of oats and wheat and flour equal
to 304,000 bushels,
Ltvernool closed 4'1 hlrher On wheat
end unchanged on corn.
.Local range ot option:
Artlcles.l Open. Hlgh. Low. CloeeJ gat'y.
vv neat i
1 : 1 0J1
1 0!u 1 WH 1 00H
, ivi 2 iv
S7Hj 68 IV
48vl 44l 48
Onaaaa Cash Prices.
WHEAT-No.i hard, fl69Hc; No. 3 hnrd.
7rw4jc; No. 4 nard, MV9Sc; No. 3 spring,
CORN No. 3, 8SHS6&c; No. 4. 5&065VC-;
No. a yellow, tee; No. t white, 6V4c.
OATB-No. 3 mixed, 47H47c: No. 2 yel
low. 48iMS'4o; No. 3 white. 4S.(f49c; No. 4
white. 4?'B4Tc;. standard.. iShktUte.
RVE-NO. . No. 3, 70Hc.
. ... Carlot Receipts.
' Wheat. Corn. Oats.
Omaha .,,.! t 2
CHICAGO GRAIN AND PROVISIONS
ea tares of the Trading and Closing
I'rlees an Board at Trade.
CHICAGO, Feb. 1. A .liberal decrease In
tin. viawie supply ot .whest In the United
stales ainq.-, canaaa for the week con
a.iuuied in a large measure to a sharp ad
vmiiuu in wnsat prices here today. At the
.i.usu pi ices were up.W to 1V4W1HC. Corn
unu outs closed firm,' but provisions weak.
ourpiislnd strength was manltested in
t.,e wuai pit throughout. the entire session.
i. au tile close prices were at the top
uun.li or the day. Despite the bearish tone
it ,,eaiy statistics the market opened firm
a.. id loiiuBued to gain In atrenartn as trad
1.1 wo 'eased. Worlds' shipments for the
w.ek. were .liberal at, L2.288.ow bushels, with
i.uetia contributing mora than 1,000,000
outlin e of- that amount. The amount on
. ,fcatti tncreaaed 6,408,000 bushels, and La
jriatta offertnga of wheat In Liverpool were
trotted cheaper. These bearish influences,
huwevei', were apparently Ignored. A brink
iiumand for cash wheat at all the principal
markets In this country and a decrease of
l-.iM.otjO bushel In the visible supply In the
' Lhirtd States and Canada compared with
a deciease of 60t,onf) bushels for the corres
puiiding week .a year ago, were the prin
cipal iaotors responsible for the buying by
uits and bull lesders that caused the
atro.i upturn. The May delivery dls
, p.aya tbe i greatest strength - and - ranged;
vet ween H.foH and I1.09H. closing at the
iDt pjtnt. July closed at MHc. Clearances
of whtat and flour were equal to 3O4.000
' bushels. The visible supply In the United
States decreased 2.000.000 bushels. Light
' loial receipts and limited offerings in the
'pit created bullish sentiment, in the earn
n arUet. The market closed . firm at the
t6p with prices up S to HtJ-o. Final quo
tst'ons on -Mav were 8iS83c. -
Strength of wheat and corn had a bullish
effect on the -eats market. Cash houses
vere the principal buyers. At the close
prices were up MQH to "c. Msy closing at
fcj''-c. July at '4t4ic.
Despite a 16 .16 advance In the price
of live hogs the provision market developed
ronslderabl weakness, following a firm
opening. Likelihood that the monthly
statement of stocks of provisions In store
here . would show a material Inorease
prompted free .selling by holders. At the
Cl"e prices were a shade to 10c lower.
The leading futures ranged as follows:
steady; Marcn, 7s 9d; May, "l 7d: July,
CT)RN-Hpot steady; new American
mixed, via Galveston, 6a 6Hd.
SEW YORK C.rSFRAL MARKET
aotatlons of the Day n Varloas
K'EW YORK. Feb. 1. FLOUR Receipts,
hhl. ; exports. 10,430 bhls. Market quiet
but firm. Mtnneaota patents, 5.IMTS..i;
winter stralarhts, 4.ifr4.fl: Minnesota
bakers, 14. 2ta4.M: winter extras. t3.Krj4.5;
Winter patenta, 4 7ryB6.25: winter low grades,
as.twxn 4.1S. Rye flour, steady: fair to good.
14 ontn.as; choice to fancy, I4.JMj-4.DO. Buck
wheat flour, steady; t&l&tTC.W per 100 lbs.
B UCK WHEAT Dull; New York state,
CORN M HAL Firm; fine white and yel
low. I1.6frjri.0; coarse, $1.6(S1.55; kiln dried,
RYK-Dull; No. 3 western, 81 He, f- P.
BARLEY Steady ; malting, 747Sc, c. 1. t
New York; feeding. 70r, c. I. f. New York.
WHEAT Receipts, R.600 bu.; exports 130.
200 hu. Spot market firm. No. 2 red. ll.llVi
6I.12H, elevator: No. red, ll.UN. f- o. b.
afloat; No. 1 northern Duluth, 1.S14.
nfloat; No. 3 hard winter, $1.17', f. o. b.
afloat. There was a good undertone to
wheat all day and a steady advance, based
on stronger cables, a bullish visible supply,
higher outside markets, good receipts and
covering by shorts. The close was quiet
and strong, o to 'iic above Saturday. May
closed at S1.124 and July closed at 11.064.
CORN Receipts, 80,375 bu.; exports. 166.600
bu. Spot market firm. No. 2. 71c, elevator,
and 89c, f. o. b. afloat. Option market was
without transactions, closing jc to ,c net
higher, with May closing st 70Vic, July at
7(4C and September at 70SC
OATS Receipts, 61,800 bu. Spot market
steady. Mixed. 26 to 32 lbs.. 54t64V:
natural white. 26 to 32 lbs.. 64&67Hc; clipped
white. 33 to 00 lbs., WMiWc.
HAY Quiet; No. 3, Xa6c; gaud to choice,
HIDES Quiet; Bogota, W'if&paOttc; Central
LKATHKR Steady; acid, StitfMc.
PROVISIONS Beef, quiet; family, ?16.fi
17.00; mess, 11.0ixa'11.60; beef hams. 2l.603i
2.6o; packet. $16.6S17.00; city extra India
mess, I16.0OW15.6O. Cut meats, steady;
pickled bellies, I9.0O89.26; pickled hams, $! .60
01O.OO. Lard, easy; western, 9.75(S'9.8o; re
fined, quiet; continent, 310.25: South Amer
ica. 31086; compound. $7.76e.l2,i. Pork,
quiet; family, $l8.6Va19.&0; short clear, 1.50
J-J2.50; mess, $16.75g'17.25.
TALLOW-Firm; city (32.00 per Ps" ). c;
country (pkg-s. free), fiMc.
RICH Hteady; domestic, fair to extra, CVi
igVV&c; Japan, nominal.
POULTRY Dressed, steady: western
chickens, L.'Clc; fowls, 13S14tec; turkeys,
BUTTKR Top grades firmer; others
slow; creamery specials. SOQatHfcc ; official,
30c; extras, 29(T29Hc; thirds to firsts. 2S(3
28c; held, common to specials, 22if29V4c;
process, common to specials, 1H4i2-4V4c; west
ern factory, firsts, 21V44i22c; western Imita
tion creamery, firsts, ffiii&iMc.
CHEESE Steady, state full cream spe
cials, 14Wl"c; fancy, 14; good to fine,
14c; winter made, best, 13Mc; good to prime,
12jC13c; common to fair, loVfl'H'ic; skims,
full to special, 2Vallc.
EGGS Firm; state, Pennsylvania and
nearby fancy, selected, white. 40c; fair to
choice, 37&39c: brown and mixed, fancy. 87
38c; fair to choice, 3636c; western firsts,
35V4c; seconds, 3435c.
St. I.onls General Market.
ST. IXJUIS, Feb. 1. WHEAT Higher;
track, No. 2 red, cash, S1.15Q1.16; No. i
hard, 31 .OBCal .08; futures. May. 1.07&
1.07H; July. 96c.
CORN Higher; track, No. 2 cash. ei.'H'S
WYtc; No. 2 white, 63fc3V4c; May, 62c; Juiy,
OATS Higher; track, No.- 2 cash. 6U4c;
No. 2 white, 6:ic; May, 61Vc; July, 4o",c.
RYE Nominal, 77c.
BRAN Higher. $1.1281.16.
FLOUR Unchanged; red winter pat
ents. $4.90(6)6.35; extra fancy and straight,
34. 3016 4. 80; hard winter clear, $3.60.
SEED Timothy, $3 3.45.
MEAL Corn meal, $1.10.
HAY Firm; timothy, $9.6014; prai
IRON Cotton ties, $1.
HEMP Twine, 7c.
POHK Higher; jobbing, $16.37 Va
LARD Lower; prime ateatn; $9.25
DRY SALT MEATS Unchanged; boxed
extra shorts. V4c; clear rlba. 9c; snort
clears. 9kc; bacon steady; boxed extra
short, 10c; clear ribs, lOHc; short clear,
POULTRY Steady: chickens. , 11c;
springs. 12 He; turkeys, 17c; ducks, 120;
geese, 7 He.
BUTTER Steady; creamery. 23 29c.
EGGS Higher; 40c, case count.
Flour, barrels 12.000 9,000
Wheat, bushels 34.000 69.000
COc-ij. bushels 67.000 "9.000
Oats, bushels 36.600 41,500
OMAHA LIVE STOCK MARKET
Small &un of Cattle, with General
Advance in Price.
E00S HIGHER THAU LAST WEEK
Redaction of Sapply Canses Parkers
to Bid tp Ten to Fifteen
Crate Moderate Raa
SOUTH OMAHA, Neb., Feb. 1, 1?18.
Receipts were: Cattle. Hogs. Sheep.
Estimate Monday 2.400 4,300 7,100
Same day last week 2.714 4.W8 2,377
Same day 2 weeks auto. ..3.441 6.363 6.878
Same day 3 weeks ago. ..7.314 6. 4.2
Same dav 4 weeks ago. ..(.331 M
Same day last year 3,9o0 4.701 6,435
The following table ahows the recetpta ol
cattle, hogs and sheep at South Omaha for
the. year to date, compared with last year:
I fr 1908. Inc. Dec.
Cattle K9.301 94.259 ...... 4. DM
Hogs 24S.214 813,3" 67.095
Sheep 129.921 114.833 15.088
The following table shows the average
price of hoga at South Omaha for the laat
several days, with comparisons:
Dates. UOt. U0.1907.UO6.19O6.lO4.lOt.
A rllclat.l Open. I Hlih. Low. Cloe. Bafy.
W-et ! ' ' I I
May , ii P7W 1 1 rt 1 whU or
July I 7SI H 97H m 97,
1 Sept.. !4MJ.'. 96 4H 94 ' 94
n-r I . J . I
' Mav 6) &' ass; 63 63H6SI R27,
. July- : V- 8l 6'. HI
Sepi. 61 T 66HI 63 63HI 2T
1 I I I
May 152 '' 52;i (3 M'il 62
July ; . 4V 4 46S 4,&H
Pork--.!' 1 I
Mav . I 17 KHJ 17 27H 17 10 II 10 17 20
. July I 17 iV.it 17 30 17 16 17 16 17 22H
L rt ' . ' i
May 80 ' 87H t 70 70 90
July '' ' fl'i' ' I 924 I 82 82HI 90
May I 06 J , OR $6 t 05 1 ( 02V,
' .July I t I- 9 10 t 12HI 116
: No. s.
rash nuolxtiohs were a follows:
FLOUR Firm: winter patents. 34.7549
Hi: winter straights. $4.0l4.9&; spring pat
ents. $4.f.50; spring straights, $4,004)6.00.
WHEAT No. 2 spring. t1.08H431.10; No. 3,
$1.04fl.l0H; No.. 3 red. 31.07HO1.09H.
CORN No. I. 4U3lHc; No. 3 yellow, 61U
. OATB-No.' 1 60; No. t white. 60utc.
BARLET Good feeding, 60ijjlc; fair to
vholce malting, lHO4c.
CCDS Flax,' No. 1 northwestern. I1.60H.
Timothy, prime, t3.Stagt.90. Clover, contract
PROVISIONS Short ribs, aides (loossv
M.37S.rH- Mess pork, par bbl., tl7.0ut
17.12H- Lard, per 100 lbs.. I9.63H- Short elear
side (boxed), $SI7H13H.
Follow l na wsre me receipts and shlp
stsots at flour ul grain
.. Receipts. BUlpmsnts.
Floar1. . bbla,. Il.Too lt.auo
Wheat, bu 8,2uO 37.9uO
Corn, bu t....: 189,700 196,600
OsLS. bu 14O.6U0 - 136.700
Rye. bu 6,000 9.900
Barley, bu ..$4,000 ' 19.1uo
-on tne Produce exchange today the but
tr market was. steady: creameries. ftt2sj;
dairies, 31496o. Kggs, aaay; at mark, oases
Included. 324jV". firsts. ISc; prime firsts,
tc.. Cheese,, flrtn; i4ifHc.
K a nM a City Orata and PraTlalaaa.
KANSAS , CITY, , Fb. l.-WHEAT-Un-changed
to He lgher; May, $1,004: July,
14o. Cash? NO. 1 hard, l.O2Hi1.07H: No.
3 hard, 9ce.0;- No. r'red, arilH; No. 3
CORN-l,0Ac 'h'gherr May, Hc; July.
-Hc; September. 6W Cash: No. 2 mixed.
He; No. t rnlxed. 6biHe: No. I white. 60
4-aic: No: t white. (Ac
OATS Unchanged: No. t white, 61c; No.
S. mixed. 4fNtaoc , .
' HAY Steady to firm; choice timothy. $975
ti 10.00; chAice prairie, t6.364j6.60; choice al
' (si's 14 OuOU.OS.
BUTTER Steady;' creamsry, 30c; parking
stock, lie. . y . '
GOGS Steady; fresh extraa. 3tVo; currant
Wheat, bu. ....;i,.;...'.lS6.ooa 69.U4
t's n, bu (7.000 in.oio
Oata. bu. .u 16.000
-m . """
, Kansas City auotailoiia reported by Lo
gaa A Bryan; lit Board of Trade:
I Open High. I Low. Close.
'If t.llHI lo I iwh
t . tivl toV9isrH
Visible Supply ot Grala.
NEW YORK, Feb. l.-The vlalble supply
of grain in the United States, Saturday,
January 30, as compiled by the New York
rroauce r.xcimnge was as ioiiows: wneai,
44.886.000 bushels: decrease, 1,896,000 bushels.
Corn, 6.468,000 bushels; decrease, 81.000 bush
els. Oats. 10,115,01V) bushels: increase. 16.000
bushels. Rye. 690.000 bushels; decrease,
GiVJW bushel. Barley, 4,186,000 bushels;
decrease, 90,000 bushels. The visible supply
of grain in Canada last Saturday was 5.-
S6z,ooo ousneis; a decrease oi i,i64.ooo bush
Minneapolis Grain Market.
MINNEAPOLIS. Minn.. Feb. 1 Close:
WHEAT May, $1.09: July, $1.091.09H;
casn no. 1 nara, ii.upi.ii; io.
northern, $1,106)1.1044; No. 2 northern
$1.08, 1.09: No. 3 northern. $1.06t
1.07. On track. No. 1 northern, $1.08H;
no. z nurinern, ii.uq,
OATS 49 He.
Mllwaokoe Grala Market.
MILWAUKEE. Feb. 1 WHEAT No.
northern. $1,1211.13; No. 2 northern, 31.10(9
l.u: May, i.w'8.
CORN -He higher; May, (UHfiHc asked.
BARLEY lc higher; standard, 6bHc; sam
Peoria Grain Market.
PKORIA. III.. Feb. 1. CORN-Firm: No
3 yellow. 61c; No. 3 yellow, 60c; No. 2, 61c;
is ii. s. ixrc; no. 4. t,c.
OATS titeady ; No. 3 white, 52c: No,
white, 61fe614c; No. 4 white. 60Hi&60Hc.
Sm York Money Market.
NEW YORK. Feb. l.-MONEY On call.
easy; per cent; ruling rate. 3 per
cent; closing bid. 1 per cent; offered at
I per cent; time loans, very dull and easy
sixty days. 24T2H per cent: ninety days, 2H
per cent: six months. 3 per rent.
PRIME MERCANTILE PAPER-3H4
STERLING EXCHANGE Steady, with
actual business In bankers' bills. $4.86309
xtu tor sixiy-aay onis ana at it.8770 tor
demand: commercial duis, 4.66HW4.s6i.
SILVER 52Hc; Mexican dollars. 44c.
BONDS Government, ateady; railroads.
Closing quotations on bonds today weio as
..101-4 c. c. 4
..l(MV,Me. rntrsl 4 livt
..10 to 1M Ino IM
..lMMina. 8i. L. .... (4
..lllM., K. A T. 41 10S
..li Me ! in
... YI'tN. R. R. of M. t 4s UU
..107 N. T. C. I t Mi
..ll'ln. J- g. M 1S7
.. MS No. Pacllla 4a 10V
..lOS'i do te Tt
..101 N. 4 W. e. 4 UK
.. M O. B. L. rtJf i
..lomPenn. c. n,t il... kS
.. .t ao cm, 41 lt4Sfe
.. 13 Rosins tea. 4 loo
..110 Hp. ot Cuba 6e Ivs
.. m i. m. e M..1I1
.. ot 81. U . K. Im. 4a. U
U. 8. W. c. .... 7i
J. 4a4bosr4 A. U 4s... 64
740. Pscinc 44 41
P3 ao isi
fc! Ro. Rulwar .....
t!L4Ta: P. la ...
. U t 4.. 8',T.. St. L. a W. 4 . M
I. i 741'Iod Pai-lflc 4a Ha
. ao ct. a Ju4
. MS"' Sleal ft as. 1U1V
lor..... . . . .
. , , ,i, . ....
. aoa -i u mo. ia
. U W. A U K. 4a
. it 14 Wis. Central a
. 1074 N- T.. M. H. H
. ;a- rr. fa Ufa m.
. - ouarv a lal
. I:i Am. T. T. cv. 4
. SoViWabaah ax. T. 4a..
V. g. V raa
V. 8. 4a. ra
Am. Tobacco 4a.
Atcblaon fan. 4a
So ad). 4a
do ev. 4a
do cv. aa
Atlantic C. L. 4s..
Bal. Ohio 4a
BrS. R. T. ct. 4a...
Oaotral of Oa 6a...
do Id tac
do Id Inc
Titaa. A Ohio 4a..
C, B. Q. a. 4a ..
C. R. I. A P. 4a..
do col. 6a
CCO. A St.
Colo, at id ia
Cola. 80. 4
Dal. A H. ct. 4a...
D. A R. O. a
fcrla p. I. 4a
do son. 4a.
InL Mat. 4ta
do lit aertaa
L A N. unl. a ...
Jan. 22... t 02 4 1 611 B 35 4 86 ( 54
Jan. 23... 600 ( 06 6 46: 6 38 4 63 4 88 6 60
Jan. 24... 4 lf 6 481 6 3.' 4 tW IN
Jan. 26... CM 4 211 6 611 6 26 4 71 4 M
Jan. 26... 603 6 69 6 33 4 73 4 87 6 73
Jan. 27... 6 87 4 27 6 86 4 63 4 81 t 66
Jan. 6 91 4 29 6 76 4 64 4 79 6 47
Jan. 29... 6 91 4 OS 6 71 6 3S 4 79 664
Jan. 30... 6 11 4 13 6 72 6 3H 4 66 4 81 6 72
Jan. 31... 4 17 6 85 6 43 1 143 6 89
Feb. l.... 4 10 6 88 6 41 4 69 4 74
The official number of cars of stock
brought In today by each road was as fol
' Cattle. Hoks. Sheep. H'r's.
Wabash f. 1 .. ..
Missouri Pacific 1 ..
Cnion Pacific 10 15 17 2
C. & N. W.. east 3 5 .. 1
C. & N. W.. west 3S
C, St. P., M. & 0 7
C, B. A Q., east 2
C, B. A Q., went 36
C, R. 1. & P., west... 3
176 artti 0
wi I.044 3,a7
691 1,139 l,6fl
2iZ 1,18 1,065
Total receipts 100
The disposition of the day's receipts was
as follows, each buyer purchasing the num-
oer ot neaa indicated:
Cattle. Hot. SliccD.
umaha Packing Co
Swift and Company
Cuduhy Packing Co
Armour & Co
Krey Packing Co
Schwartxch'd & SuU'b'g'r
Vansant & Co ,.
Lobman At Rothchild
Hill & Son
F. P. Lewis
J. B. Root & Co
J. H. Bulla
L. F. Husx
McCreary & Carey 25
H. F. Hamilton
M. Hagerty & Co
F. G. Inghram
St. LouIb Packing Co.
Totals 2,778 4,705 7,673
CATTLE The week started out with u
comparatively small run of cattle, both
here and at other points, with the result
that there waa a general advance In prices
all along the line. The local supply was
hardly large enojgh to encourage compe
tition from all the buyers and some of the
packare were Inclined to hold off and wait
a more favorable opportunity for making
purchaaes. Others apparently needing the
cattle bought the limited offerings fieely
at prices ranging anywhere from strong to
10&16c higher than the close of last week.
There was nothing at all choice or fancy
on sale, but anything at all desirable In
the killing line was disposed of with very
little difficulty at the advance noted and' a
rood clearance was made.
There was probably forty straight loads
or cows and heiters on sale mis morning,
and. with a good demand from all classes
of buyers, the market wajl active and. prices
generally strong 10 10c. nixoei' man uie
close of last week. Medium and common
cows met with a very poor inquiry, how
ever, and did not show any Improvement
aa the outlet was very limited for canning
Although the supply of stockers and feed
era was well cleaned up last week the
feeling was rather weak at the clone and
neither yard traders nor country buyers
showed any disposition to pay stronger
prices this morning. Desirable offerlnga of
any welgm sold at Just about stedy tig
ures, while common, light and medium
stuff waa rather hard to move, and. in
aome cases, prices looked hardly as good
as last week. The movement was reason
ably active, although the volume of bust
ness waa comparatively email.
Quotations on csttle: Good to choice
corn-fed steers, $5.65)6.40; fair to good corn
fed steers, $6.00S6.6o; common to fair corn
fed steers, $4.aVtfo.u0; good to choice cows
and heifers, $4.00ip5.25; fair to good cows
and heifers. $3.26Ji4.0O; common to fair cows
and heifers, $2.00iir3.00; stock heifers, $2.5o9
3.60; vest calves, $3.0O&'7.25; bulls, stags, etc.,
f2.754.60; good to choice stockers and
feeders, $4.80t;r6.60; fair to good stockers snd
feeders. $3.80(ii4.60; common to fair Blockers
and feeders, $2.76(S3.7a,
HOGS Receipts or nogs this morning
were only moderate and there was nothing
extra here in point of quality, there being
a considerable showing of inferior, light,
mixed and unfinished stock. Other points
reported light recelpta this morning, rind
this, following the shut off in supplies
toward the close of last week, caused both
local packers and eastern shippers to be
come anxious for the stuff and they lost
no time in getting out after It. Early bids
were around ltxjiloo higher than last Sat
urday and. aa sellers were generally In a
mood to accept that advance, the trade was
reasonably brisk from atart to finish, and
practically everything was disposed of by
the middle of the forenoon. Tops reached
$6.46, the high point ot the season, as
against 'a top of $6.30 on Saturday, and a
bulk today of $6.1(&6.30, aa against a bulk
of $6.00fl'.15 on Saturday. The undertone to
the trade was strong throughout, although
the advance waa due entirely to the light
receipts at all points.
SHEEP Only a moderate run of sheep
waa reported in this morning and the
quality of the offerlnga was about the
aame aa at the close of last week. Toward
the close of last week the trade developed
considerable strength on account of thu
colder weather and light supplies and that
waa about the condition that the market
waa In this morning, all classes of buyers
taking hold freely at unevenly higher
prices. As compared with last Thursday
the market is anywhere from 10c to 25c
higher. Naturally there was considerable
irregularity in prices, but the general trend
was decidedly stronger al) along the line.
There waa not much doing In feeders, al
though aeveral good orders were here for
the right kind of stuff, and prices were
well sustained for decent offerlnga.
Quotatons on sheep and lambs: Good to
choice lambs. $6.60&7.60; fair to good lambs
I4.67.00; feeding lambs. $4.65'a .60; goud to
choice light yearlings. W Mil 6. 90: good to
choice heavy yearlings, $6.0ik&i1 25; feeding
yearlings. t4 4046.60: good to choice weth
ers, $4.76So.60; feeding wethers. $2.9i04.5O:
good to cholcs ewes, 34.4064.90; fair to good
ewes. t4.0"64.4O; feeding ewes, $2.25ii4.O0'
culls and bucks, $1 oofcS.OO.
tje-ar! Grala Market.
LIVERPOOL. Fab. 1 -WHEAT-Spot.
furati No. t red western winter, a, futures
New lark Minis Stocks.
NEW YORK, Feb. l.-Closing quotations
en mining stocks were:
Alice Utile Chief
Brunawlik Coa Uaxlcaa n
Coa. Tunnel stack... V Ontario 400
boada 21 Ophir 1 to
Con. 1 al. A Va Standard 130
Horn Silver It tallow Jai kat ;
ladvtlio Can 6
W'APHINOTON. Feb. 1 Today s state
ment of the treasury balances in the gen
eral fuiid, exclusive of the $160,000,000
gold reeerve. shows: Available cash bal
ances. $119,701666: gold .0M1 and hulllnn,
$.'S.:o,Dl , gold certificates. $.'5,936,330
St. Lonls Lire Stock Market.
ST. LOCI8. Feb. l.-CATTLE-Recelpts,
4.367 head, including 2,450 Texans. Market,
strong to 16c higher. Ntlve slipping and
export ateers, .$4.6"&7.50; dressed beef and
butcher ateers. $4.254j60: steers under l.Oou
pounds, t3.7o.at.00; Blockers and feeders
t3.65iSo.2fi; cows and heifers. t3.50fi4S.50; ran
ners. $1.75i2.36; bulls. t2.75(jj6.26; calves
lYOOijitOO; Texas and Indian steers. $3.00
6.: cows and heifers. $l.75i;.60.
HOGS Receipts. 8.450 head.' Market. 25c
hlaher. Pigs and lights, t4.754nt.50: packer
MioS.80; butchera and best heavy, tn.7'!$
SHEEP AND I.AMBS-Receipts. 1.300
head. Market. 25c higher Native muttons,
t4.tirS.60; lambs. 34.75nl7.86: culls and bucks
$3.5047325: Blockers, l2.75fn-l.2o.
tovk la Sight.
Receipts of live stock at the alx principal
western markets yeaterday:
Sioux City ,
Pt. Joseph ,
8.OU0 9. OK)
Kaaaa City I.le liark Market.
KAN'SAS CITY, Feb. 1. CATTLE Re
celpta. ll.uti head. Including 8K soul hern.
Market strong to 10c higher. DreHsed beef
ateers. $5.9qii.7n: fair to 41 '"kI. $1 SVn6
western steers, $4 M'tfi. ii; stackers ami feed-
TIE WIKflffi TW WmhW
59 Cedar Street, New Ytirk City. N. Y.. and v
Tracy (Si Co.
NEW YORK CHICAGO ST. LOUIS MILWAUKEE DETROIT LOUISVILLE
49 Wall St. ThaRookary 117 N. 4th St. ; 96 Michigan St. rrd Bldg. Soalbach Hotal
Are authorized by th
SULTANA-ARIZONA COPPER COMPANY
Incorporated nadec tks' laws of Arlsoaa
to receive Public Subscriptions for 100,000 shares of its Treasury Stock. s
Authorized Capital (full paid and non-assessable) - - $2,500,000
Divided Into 500.CQ0 Shares of a par value of $5.00 each
, The company hag ao prefsrred stock, bends, Kortr4rea e athsr Intshtedasss.
JOHN B. MECHAM, President and General Manager. H. W. PIERS ON, Vk-o-Prealdetit. C. H. SEAMAN S. Secretary and Treasurer.
BOARD OF DIRECTORS:
JAMES W. NYE. 120 SUt St., Chicago, 111., Manager of Chicago kabor-
JOHN n. MECHAM, First National Hank Building, Chicago, Lawyer; Di
rector Joliet Steel Car Manufacturing Company.
References: First National Bank, Joliet, 111.
Pheonnix National Bank, Phoenix, Arizona.
Will County National Bank, Joliet, 111.
Citizens' National Bank, Joliet, 111.
National City Bank, Chicago, 111.
H. V. P1ERMON, M. I., 809 Marshall Field Building, Chicago, HI.
Reference. Railway Exchange Bank, Chicago.
C. H. SEAMAN'S, 18(16 First National Bank Building, Chicago, Secy.
References: E. Wlcbenson, Pres., United Banking & Savings Co.,
Cleveland, Ohio. f
National City Bank of Chicago, Chicago.
George C. Clark, E. M., Tucson, Arizona.
II. C. Erman, E. M., St. Louis, Mo.
The Commercial National
NYE, 120 State St.
References: Datld Vernon, Vlce-Prea.
Dumoat Clarke, Pre. Amer. Ei. Nat. Bank, New York.
L. CI. BRONSON, Joliet, III., Electric Supplies.
References: C. H. Talcott, Pres. Will County Nat. Bank, Joliet, 111.
W. G. Wilcox, Cashier, Cltlaens Nat. Bank, Joliet, III.
W. ESPY CURTIS, 584 Fulton St., Chicago, III., Manufacturer.
Reference: Prairie State Bank, Chicago.
JOHN I. RILEY, PitUhurg, Pa., merchant.
References: Savings Deposit Bank, Pittsburg.
Manufacturers' Bank, Pittsburg.
The Company's References are:
The National City Bank of Chicago, Chicago, HI.
The Phoenix National Bank, Phoenix, Arizona.
Chalmers Wilkinson, Phoenix, Arizona.
The Company owns 3fJ0 acres of rich mineral land abounding in copper, also yielding silver, gold and iron, located in the
midst of the richest known copper district of the world. Themines in this Copper zone, such as United Verde, Copper Queen,
Detroit, Calumet & Arizona, Miami, Ray Consolidated, Old Dominion and Gibson, etc., produce a large per cent of the Cop
per of the world.
This property is situated in the Horse Shoe Bend of the Gila River, directly opposite the Important mining town of Kelvin, on the rheonix
and Eastern Railroad, Pinal County, Arizona. The river, which half circles the property, supplies opportunity for ample water power at nominal
cost, also watec for reduction works; and the railroad, which also half circles and crosses the property affords ample transportation facilities, im
mediately at hand.
A large sum has been expended in developing and proving the value of the mines, the extent, character and availability of the ore bodies and
richness of the. ores.
Reference is made to reports of George C Clark, E. M., and H. C. Erman, E. M., both experienced Engineers and eminent authorities on cop
per properties, from which the data In this pronpectus Is compiled. These reports, with maps, smelter returns, and other data, are on file with
the WINDSOR TRUST COMPANY of New York, open to inspection.
This development work consists of shafts, tunnels, drifts and cross-cuts, the total underground work aggregating 2,574 feet, the larger part
of which is in good ore, exposing and making available approximately 8 00,000 tons of ore that will averaga 7 per cent copper and from $1.50 to
$3.00 per ton In silver. This 2,574 feet of underground work does not, however, Include numerous shafts, prospect holes, and excavations which
have been sunk"Bnd 'made upon tbe property, each of which located bodies of rich ore, proving that the whole 360 acres Is richly understreaked
with rich bodies" of copper ore. There are thirteen distinct veins which have been traced across the property, east and west. - J
: THE VALUE OF ORES
Approximately 400 tons of ore have been mined and shipped to nearby smelters; the original smelter returns are on file at the Windsor Trust
Company, New York, and are open to Inspection.
Total gross Total gross
shipments. Per cent, copper. Value of silver per ton. value per ton. Tone in shipments. Per cent, copper. Value of silver per ton. value per ton.
10,657 - ' $.74 $1.24 $25.22 33.513 20.60 $3.60 $40.30
21.134 ' 14.11 2.36 40.40 33.245 13.70 2.68 78.83
22,172 ; 13.08 3.21 38.56 29.430 8.50 1.37 26.00
18,031 10.10. 2.09 29.74 SO, 784 12.05 2.13 35.61
15.70(1 ,- 11.09 2.52 33.61 13,042 11.60 1.80 25.21
22.C91 19.58 2.98 60.81 31.541 15.60 2.46 29.77'
20.226 18.60 3.40 75.28 13,810 14.80 2.80 34.14
27,871 16.50 2.35 54.05 24,298 8.80 2.12 15.95
Total. 393,211 Ave. Copper. 13.78 Ave. Silver. 2.40 TotalvalueT4 0.22
The equipment at present consists of Engine Boiler, Steam Hoist, Blacksmith Shop, Driller Tools, etc.; Superintendent's Building, and accom
modation for a large force.
WHAT IS PROPOSED
RESULTS OF NEW EXPENDITURES
Four shafts have been sunk as follows:
No. 1, 100 it.; No. 2, 185 ft.; No. 3. 80 ft., No. 4 100 ft.; all ot which are in ore which gains in richness as depth is attained. It Is proposed
to continue these shafts to a greater depth, run drifts and cross-cuts so as to mine 600 tons a day; install Improved machinery and facilities for
mining and handling ores; Install au electric water power plant and build reduction works of a capacity of 500 tons per day. The capacity to be
increased from time to time as conditions justify. Seven per cent, copper will yield 140 pounds to the ton, which at 14 cents a pound is $19.60
per ton; allowing 7 cents a pound for the cost of mining and converting to bullion, transportation, etc., gives a net profit of $9.80 per ton, or a
net dally profit of 600 tons, or $4,900 per day; yearly profit of $1,716,000, or, adding the value of the silver, $2,115,000 a year.
The following extract is from Page 4 3, Department of the Interior U. S. Geological Survey-
WASHINGTON PRINTING OFFICE. 1908.
-George Otis Smith, Director.
Riverside District Mine Production Pinal County, Arizona
"This district was quite productive in the number of shipments of ore. Tbe largest tonnage of ore mined and shipped out of the region came
from the Riverside and Bryan group of the SULTANA-ARIZONA COPPER COMPANY and the Troy Manhattn property, near Kelvin. The former
produced 45,838 pounds of copper and 653 ounces of silver."
Tbe SULTANA-ARIZONA, with its vast bodies of high-grade ore, should be able to pay large dividends to stockholders even If Copper metal
should decline to 10 cents a pound.
For the purpose of providing tbe necessary funds to install these improvements and for the erection of reduction works, with a capacity ot
500 tons of ore per day. ,
100,000 SHARES OF TREASURY STOCK ARE NOW OFFERED FOR SUBSCRIPTION AT PAR, PAYABLE AS FOLLOWS:
$2.00 per Share to accompany the application for the subscription, and the balance of $3.00 per Share
payable in ten days after notice of allotment.
It less than the number of shares applied for is allotted, the sum paid on subscription will be credited on the number ot shares allotted. , On
failure to make the final payment the amount paid will be forfeited. . ' ' . J'. :
Applications for subscription should be made to the WINDSOR TRUST COMPANY', 69 Cedar St., New York City, N. Y'., or to Tracy Co. : All
checks should be payable to the order of the WINDSOR TRUST COMPANY or to Tracy at Co.
The subscription list will be opened on Wednesday, Feb. 10th, 1909. and close on the following day. The Company reserves the right,' how
ever, to close the subscription list at any tima without notice, to reject any subscriptions, and to allot smaller amounts than applied for. .
This stock will b dealt In upon the New York curb. . ,
SULTANA-ARIZONA COPPER COMPANY.
era. fc!.50ti6.7&; southern steers, f4.So.46;
southern tows, 12. "664. b; -native cows, $-.00
fei uo; native heifers. 75; bulls, 13.40
ii4.K; calves. o.50tjiS0.
lions Kecelpta, 8.000 . head. Market 10c
higher. Top, 6.50; bulk of sales, Sa.fcttl 30.
Heavy. K4.;fli.ab: packers and butchers,
Sti.'JkiKt.SG: light. )5.8(a.30; pigs. K&0&B.6U
SHEEP AND LAMBS Receipts. 000
head. Market 10j:c higher. Top, 7.7o.
Lambs, 7.00&7.70; ewes and yearlings. I4.H0
4HI.60; western yearlings. $5.Ofc.6); western
sheep, 4.0iS3.aO; stockers and feedera, 13.00
C HICAGO LIVE . STOCK MARKET
to Tweaty-l-'lva Ceats Higher.
CHICAGO. Feb. 1. CATTLE Receipts,
estimated at 10.000 head; market l'jqc
higher; ateers. M 60.; cows. 3.0wa6 6o;
hfifera, 3.(M0o.7S; bulls. t 4042.0: eslves.
3.60ft.00; slockeis and feeders. 12.6066. .
HCHJU Receipts estimated at U.UUO head;
market ini3' higher; choice heavy ship
ping. t.K4iSa: butchers. ; light
mixed. 4.4Vrji.(i&'. choice light. 6 KV0J.aV;
packing. fpl.8&; pigs. K emgaj.M; bulk of
sules. i M.
ttHKhP AM) LA MBS -Receipts, esti
mated at T,0o0 head; market generally 3bc
higher; sheep. $4 25r&.t0; lambs, ti.2&7 M);
Sloas t'llr Lire Stack Market. .
8IOCX CITY, la.. Keb. l.-(Speclal Tel
egram.) CATl'LE Receipts. 1.200 head;
market, strong: beeves. UbOat'i; fat cows,
snd heifers. H.WWjj.&O; feeders, 3.Wtfj.OO,
yearlings, 3.0Oi4.26. '
HOGS Receipts, 1.300 head; market; 10V
15c higher: range of prices, .7V(2$.1S; bulk
of sales, ) 00jMi.
' St. Joseph Llva Stork Market.
8T. JOSEPH, Feb. l.CATTLB Receipts,
1.800 head; market atrong to loo higher;
strers. f6.2660: rows and heifers, UVfft
6.E0; calves, t&6o6a0.
HOOS Receipts, 4.&D9 head; market 10c
higher; top, t SO; bulk of salea. t8.0664 40.
SHEEP AND LAMBS Re :eipa, 1,000
head; market 16c higher; lambs, M a0fjf7..
New YORK. Keb. l.-MBTALS-A de
cline of about 10a waa reported In the Lon
don tin market, with spot closing at 122
16a. and futures at sTIS 12a tVd. The local
market waa weak and lower, with spot
quoted at 27.16o'J7.3. The London copper
market waa lower, with spot quoted at
67 is (d, and futures at i 7s id. The
local market was weak and nominally
lower, with lake quoted al 913.7514.00:
electrolytic. U.2.V$'13.60. and casting at
lia.l24'jl3.S7V. Lead waa unchanged at 11
Is Sd in London. The local maiket was
dull and a shade lower, st $4.12t&4.17'i.
Spelter waa unchanged at -1 lu d in
London, hut was dull and lower locally
at 5 O.'iv&fi.OT1. The English lion market
waa lower, with Cleveland warrants quoted
at 48a Sd. The local market was un
changed. No. 1 foundry nortiiern, I17.C0JY
17.76; No. 2, IU.7otjl7.75; No. 1 southern and
No. 1 southern soft, lIT.Jsen.'S.
ST. LOl'lB, Feb. l.-METALS-Lead. dull
at 4.064.07t; spelter, weak al K.Oo.
- C-ottaa Market.
NEW YORK. Feb, l.-COTTON-Spot
closed quiet; middling uplands. Igic; mid
dling gulf, 1010c. aisles. 4O0 bales.
Cuttrn rutures opened steady; February,
offer .1. .6oc; March, 6io; May, 8.46c; July,
t.S&c; August, 1.26V; September, .26c, bid;
October, .21o; December, 1.16c.
Market on futures closed very alradv;
February, 63c; March. tc; April. i4c;
May, K 64c; Jujie, t.6V; July. .60c; August,
t.lac; September, S.l.'c; October. 9.2c: Nu.
ember. .Jc; December, S.Mu; January,
NEW ORLEANS. Feb. 1. -COTTON-Spot,
quiet; low ordinary, nominal;
ordinary, 1-lao. nominal; good ordinary.
T'ic; low middling, o; middling, V; good
middling, lrtc; middling fair, 10-Hc; fair, ll,c
Receipts, 6,3a bales; stock. 307.133 bales.
Spot cotton closed quiet; middling up
lands, 1.86c; middling gulf.' Ul. Joe; sales, 4uo
tiAi.VF.ATON, Je.,- Feb. I. COTTON
ST. LOl 1H. Feb. 1 COTTO.N-Lower;
middling. S-liic. fcUles, none receipt, 1.9S7
'e; shipments, 7,'JS3 .balea; rtovk,
NEW Y6RK. Frb. l.-COFFJCE-Jlat k t
foi futtires opened Irregular at pi advance
of 16 tHj.nta to a decline ' of .5 j oIihb ami
closed steady net 10 points Tiigher ort June,
but ganeiatly unrhanfc-eil to lu juitnta-lower.
Sales were reported of U,i butt a. includ
ing March at i.lm : May, .; July.' I.t.ic;
September, J.efraJ.IOc;' Urn mix-,, 6 k'.JrVw ;
January, i.soc Spot market steady; No. 7
Hlo.. 7Hc; Santos. No. 4. ht-j mild, dull;
Cordova. Ir'.aJjli'Vic x .
MlaaeaaolU '. Fleer '. Slarkct.
MI.VNBAPOI.Ij4. Fto. l.-FLOTR-Firm
first patents, Vi.4j6 tu: seewtd lulnnM, k.i
ti-V40; first clears, 14.008 4. It, second clears
Elala Batter Market.
ELGIN. 111., Feb. 1 Bl'TTER Firm
:c. Bales (or the week, 341,300 pounds
Powered by Open ONI