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THF. CONDITION OF TRADE. Money Basy !\nd_;_rosentlun No Bx- ceptional Features. “AN INCREASE IN BANK CLEARINGS Batisfactory Business Reported in Grooeries, Lumber, Hardware and Dry Goods—Good Weather Bad For the Leather Trade. The Local Resume, The local money market presents no un- usual features this weok. Bankers say that funds are plentiful and prime mercantile paper is taken reacily at 8@10 per cent, with a desire for more than is offered. The clear- ings of the associated banks repregented in the Omaha cloaring house for five days, cen- tennial day being o bank holiday, were $5,44,808.2%, an Increase of 5'¢ ver cent over the six days' business included in the total for the same period last year. The balances were $443,032.24. While bank clearings arc not wholly reliable as showing the actual amount of merchandise transforred at com- mercial centers, they do, from a comparative standpoint, indlcate very clearly the gain or loss made in business, and Omaha is to be congratulated that the clearings of hor banks show aimost in- variably a gain. General trade is good, and in somo lines is vory active. Groceries, lum- ber, hardwaro and dry goods jobbers report a very satisfactory business to date, and say that collections are improving, the outlook being very good all round. There is some complaint from boot and shoo men, as the weather has been 8o perfect that their mer- chandise kas not been in good demand. They console themselves, however, by anticipa: tion of the good time coming. The return of the pilgrims from the hill countries was the event of the week and opinions were frecly expressed in trado circles that our merchants should visit their friends oftencr, s nssur- ance is had from the observations made by those merchants who were on the recent excursion that fricnd- ships thus cemented are beneficial and profitable to both city and country. Let us haye more excursions and s our nearby neighbors. Prices arc, as & rule, steady. Sugurs are slightly weaker, Loose muscatol raisins are scarce and m_demand, Chicago having telegraphed here for any surplus ob- tamable. Lemons and oranges are in de- mand and the market stiffens daily. Butter, vegetables and country produce gencrally is in very liberal supply, and_prices are off and quotations unreliablo, oxcept from hour to hour. ‘While the extension of railroads in_ the west has been sharply checked, there will be considerable additious to the railroad sys- tems of the south. 'The southern states east of the Mississippi have laid nearly 50 per cent of the new track reported in the first quar- ter of this year, and they have 37 per cent of the 4,221 miles described as under construc- tion. ‘The national banks of this country believe in gold. They hold as reserve £160,231 344 in gold coin and certificates, $22, silver coin and cortificates, and $: i greenbacks, ote. The New York Commerciat Bulletin ca atteation to the fact that for the first v of constitutional government the foreign commerce of the United States showed im- ports of £23,000,000 and exports of £20,000,000. For tre last year the imports of the United States have ‘been 3,500,000 and _the ex- ports £323,500,000. The public debt at the close of the revolutionary approximated £15,000,000, representing several times the amount of specie in the count The debt is now more than $1,000,000,000, eq by the immense stock of gold and in circulation and in treasury It is stated that a sugar refinery is going to be erected in Baltimore, which is consid- ered an ill-omen f6r the trust, as the large trust profits have attracted the attention of the capitalists,who are now investing money in competition with the syndicate. Corn syrup is selling at 23c per gailon in car lots, with a fair demand up to the present time. Buyers are now growing scurco at this quo- tation, however, and thero is & weaker feel- ing among holders. A mrgu@.}‘mm"m" of Aealers seem to have louded up at the 20c rate. It is reported from China, that the natives are,naking o strong effort to pro- duce a better quality of tea, and that there is a fair prospect that the new scason's supply will show good results attained. ‘The occasional signs of weakness in the Lon- don suear market are rogarded by some as indications that the advancing tendevcy nas reached its limits; but it is noticed that thore are no increased offerings from any quarter, and if sugars are plentier at primary sources than is shown by the published statistics owners retain suficient confidence in the ar- ticle to keep the fact a close secret. With a fow days foreign cables have been consid- erably lower on beet sugar, but that is looked upon ns merely a result of _speculation and does not disturb holders. Supplies of raw sugar on this side of the Atluntic are unus- ually small, and the stocks in New York are down to 1,451 hhds and 203,000 bags, as against €905 hhds and 36,400 bags @ year ago. The defleit in tho Cuban sugar crop will be about 150.000 tons, and prices have advanced in Havana to the highest point reached since 1882, This will give great encouragement for the plant- ing of new lands with cane and the careful cultivation of present stands, and will check the tendency to convert sugar estates into cattle farms. The public debt May 1, was $1,101,605,- 42800, o decrease during the month of $12,078,254.00, OMAHA LIVE STOORK. Catrle, Saturday, May 4, 1880, ‘Tha market opened strong and active and witn only 1,000 cattle here saud 1,500 re- ported in Chicago, salesmen were enabled to obtain an ndvance of b@l0c. The packers all wanted cattle, and with the shippers on the market the’ offerings wero soon wiped out. About overytning desirablo was sold and weighed up before the noon hour. The fooling at the close was not so good, and had thore been more cattle for salo it is quite possible thoy would have gone at lower prices, The dressea beef and shipping steors sold at a range of $3.30@@4.00, but principally The offerings of butchers' y light and the quality of the cow stuff was only fair. The prices paid were fikm, Dut thore was nothing good enough to bring & fancy price. Tho cows brought §1.85@2.50. A few bulls chauged lands at §2.10@s.05. The stocker trade was almost at a standstill for the want of cattle. Ono bunch of livtle cattle sold at §.15. ‘The buyeys set out this morning ta gain a concession from yesterday's prices, and they ined their point, They started out bid- ing $4.85(@ for about everything, and although salesmen were backward about making the concessidh, it was impossiblo to sustain prices and, thoy wero compelled to sell at the bids. A few of the best light hogs ®old in the morning at $.40. Th the sales were 104 © lower than the bulk of yesterday's sales, but if the compurison were made with the close of yesterday it would not show over ¢ decline, e bulk of moun Mexicun shecp in tho yards, Wwere not offered on the market. Receipts. Prevailing Prices. "The following is a tablo of prices paid in hhh .lxu'hi for tho grades of siock wizu- ioned : Ordinary 1o fair cows. Fair o good cows. Good to clioice cowsg=....... Choioe to fancy cows, Leifers. . Fuair to good bulls...... 4. Good to choice bull Light stockers and foedors. . .. (ood feeders, 950 to 1100 lbs.. Fuir to cholve light hogs Fair to ehoice heavy hog: Fuir to choice mixod hog: Fair to medium uative Good to choice nati ooy, . . Fair to choice western sheep. . ¥ FR AR N CN X 11 12IB i8I BEE2EE5355 SN s & Live Stock Notes Cattle highor. No sheep on sale. Hog market lower. Mr. Austin, of Neola, came of cattle. W. L. McDonald was in from Blair with a load of hogs. D. E. Sievers, of Cedar Creck, was in with cattle and hogs. Mr, Haines, of Gresham, hogs this morning. W. T. Rickley, Columbus. market with a load of hogs. Ed Lancaster, tHolmesville, came in with a car each of cattle and hogs. R.C.and L. H. Otdham, Plattsmouth, came in with a loud of cattle each. Lincoln had all the hogs she could handle and none were stopped there to-day. Mr. Taylor, of Taylor & Blair, came down from Broken Bow with cattle and hogs. Both members of the firm of McIntosh & Sutton, were in and sold nine loads of weet- in with a car came in with was on the A. L. Spearman, of Springfield, was, in with four cars of heavy steers. Joe Ellis, of DeWitt, a: prominent feeder and breeder of fine stock, was a visitor at the yards, St. Joscph received 550 hogs to-day, Indian- apolis 8500, Cincinnati $00 and St. Paul 600. T. H. Cole, W.N. Farrington and D, C. Clark were in from Hartington with cattle, Ed Lancaster, of Holmesville, was on the market with cattle and hogs. Dell McCord came in from Denver, this morning, with six loads of western sheep. P. Widup, Cordova. was in with two c of good cattle. Bertrand, Neb., was ropresented vy B, Glenn, who came in with a car of cattie of his own feeding. Frank Knopp is in from Cedar Bluffs with hogs. J. B. Neff, of Merna, is in with cattle. G. M. Corliton, ot Fullerton, is m the yards, to-day, on his retura from Chicago. N. P. Richmon, of the commission firm of Palmer, Richmon & Co., is here from Chi- Cago. W. L. McDonald, of Blaur, is on the market with hogs. Mr. Taylor, of Taylor & Blair, of Broken Bow. is in with two cars of cattle. Thomas Wheelwright was in from Dunlap, Ia., with cattle. James Skirving, of Stuart, is on the marke with two loads of hogs. Edward Lancaster is in from Holmesyille with catule and hogs. D. W. Austin, of Mineola, has cattle on the market to-day. Mr. Haines, of Wolford & Haines, Gresh- am, is on the market with hogs. W. T. Rickley is in from Columbus with hogs. D. E. Siovers is in from Cedar Creek with cattie and hogs. T. H. Cole represents Hartington with cattle. J. M. Bailey, of Pilger, is on the market with two cars of cattle. A. L. Spearman is in from Springfield with four loads of catule. William Frank rvepresents Springfield, and bas four loads of cattle on the murket. Joseph Ellis_is in from DeWitt, looking over the market. Mr. Eilis is one of the large feeders and raisers of fiue stock in Saline county. W. N. Farrington isin from Hartington with four loads of cattle. D. C. Clark is in from Hartington with four loads of cattle. ‘The hog market to-day reached the lowest: point siuce Thursday of 1ast week. On Mon- day of this week the hogs sold at $4.40@4.50, but principally at 4.45. Tuesday's range was $4 36@4.50, but almost everything sold at $4.40(@4.45. The bulk sold at the same prices an Wednesday, but the top was only $4.45. On Thursday the rangoe was $1.35@4. 45, with the bulk at $4.3735@4.42}. THE REALTY RECORD. An Increased Demand for Business and Residence Property. “What could the real estate outlook be but promismg!” almost snorted s prominent bruker, In. response Lo & reporter’s query yesterdiy. *“When I speak of property valuations [ dow't meun additions to Blair aud Papiilion, but I refer to property in the city of Omaha that is suitable for bLusiness or residence improvement. The wildcat boom. in the rural districts died two cars 8go, but since that time men have ecn putting their good money into wprove- ments, and consequently property suitable for improvement is in constant demand und steadily increasing in value. People don't seem to realizo the immense improvements, public and private, that have been made in the last two years. If you don’t believe it, g0 and try to purchase o business location somewhere and sec what property owners think of the valuation of Omaha property." Inquiry among the leading real estate deal- ers confirms the opinion exprossed by the broker quoted. Thers wre iucreased de- mands far lirst class business aud residence property, with no demand iwhatever for speculai deals. First class property teadily advances value as business dis- tricts develop. During the past week, a large number ~of lurge deals have boen consumated, The Sunny Side i association has purchased lota o Thomas & Gouos' for $43,200. The Pacific Express company's vurchase of @ site for & head- quarter’s building at the corner of Sixteenth and Farnam for #2500 was referced to last week bofore the sale was closed. The lar. gnst transfer of the week was the sale by J. H. Jayues to M, L. Lanhear for §54,000, of the Dolock at the coruer of Six- teenth and Clack. W, 7T, Seaman sola to . lHosieysh le 7 g ¢ Liock 15, for $10,000. 1. F. Hali sold to (. ¥. Wri lots Gaud 7on P sireet, be- tween Thirteenth and Fourteenth strocts, for £23,500. 5. M, Kitchen sold to J, H. Mc- Call turee lota iz iS.ggs & Hill's addition, noar Farnam and Twenty-eighth streets, for 840,000, F. A, Spethman sold lote 9 an 10, in block 13, Kountzo _Place to M. 8. _Miburne for $10,000. Several New York capitalists are in tho city looking for suitable property in which to invest. The record of transfors for the week is as follows : Monday . Tuesday. Wodnesday Thursday Friday .. Saturday Total....... The Buliding Record. Since January 1 the building inspector has issued 622 pormits. In April 206 were issued for the construction of buildings to cost £ Among the pormits for the - week past the following were promipent: A. L. ields,residence on Mason, near Thirty-sixth 7,000, L. E. Roberts, two-story store and flat, Thwentioth and Clark, $11,000; J. M honey, two-story store, Thirteenth and Lo emworth, §7,500; D. R. Areher, twelve one and a half story residences, nett, near Twenty-soventh, §1,500 each, The permits r the week total as follows Monday..... ST Y Tuosday,....... § Wednesd: $18,001 Friday. . Saturday The Ciearance There is & constant _increase in tho bank olearings, the amount for tho past woek veaching nearly 4,000,000, with the banks closed on Tuesday, in honor of the centen- nial anniversary of Washington's inaugura- tion. The record for the five days is as fol- lows: Monday....... T44,365.07 Wednesda; 839,249.60 T61,014.79 751,305.72 87,070.01 .$3,850,808.28 ponding weel of last Saturday . Total . Increaso year, 5.5 per cent. The Reaity Market. NSTRUMENTS placed on record Auring yosterda O Miller and busband to J A McShane and [, 8 Schroeder, s % lot 4, bik Marsh's add, ceuie B CANeison to J A MeShane S«'h;'omlm‘. 1 % lot 4, bIk 7, Marsh's add, N J Christensen and wife to J M She: e g lot 4. bik Y imitey T Olsen and Olsen’s sub, w d ¥ Schonll and wife t frlots 1 and 2, blk af: aystuck, , Campbell’s ad Ambler Place, wd.....". ... B A Gibson and wife to S W Wise, 4 Tot 2, blk 1, and lot 24, blk 2, Wise & Parmele’s add, q ¢ d. . D A Miller to J D and 6, bik 8, Mye add, wd Dk 2, Lanca 1L Woodward to A € blk ¥, Laneaster | E M Thompson et al to H Latey’s sub, w d.... egeeess . M Ma suard to K P Martin, Tots 77, ) and 31, blk 3, Brookline add, ¢ Ringer a bk 3, Denman place, w ¢ G E Barker and wite to H' O Biro 13, blk 8, Orchard Hillw d......... G E'Gibson to M Y Matts, lot 10, Dli Creaton add, w d. J Dale and wite to shull's 24 add, wd Helrs of J S Shiill to G 10, Shuil's 2d add, w d.. 0 W Rainey to and wife to 1§ § 14 of lot 4, Cortland place, wd.... J B Harris'and wife to G 1t 47, Stowart place, w d 5 H A Moore and wife to [, ¢ Smith, Tot '20. DIk “B,” Saenders & Himebaugh's add, Osman, lot 750 M M Marsnili and wite W' Joy 2,000 5and s, bik 2, Hitchcock’s 1st add. 3 S M Kitchen and husband to J H Mc(ail, lote .7 and 8 bk A and s strip Sx1i1 £6 betwéen lot8'and Farnam st, Boggs & Hill's add, w e 40,000 €W Konkling et rnold. and 34, bik 13, in Table Land, w d. 1 Twenty-two transfers, aggrogating.....8 8,800 Building Pormits. The following permits were issuod by Building Inspector Whitlock yesterday: one-story 8t. Andrew's Episcopal el hurci, one and one-half story building, Walnut Hill ory house, Sherm: Three permits, aggreguting. SELF-MADE MEN. They Are Usually the Result of a Mother’'s Watchf A wealthy business man not long ago made a short visit to his native town, a thriving httle place, and while there was asked to l\dtlruss the Sun school on the general subject of success in life. says a writer in the Youth’s Companion. “*But I don’t know that I have any- thing to say, except that industry and honesty win the race,” he answered. “Your very example would be inspir- ing, if you would tell the story of your Life said tbe suderintendent. “Are you'not a self-made man?” “I don’t know about that.” “Why, I've heard all about your early struggles! You went into Mr. ‘Wheelwright's office when you were ten”—— “SoIdid! SoIdid! But my mother got me the place, and while I was there she did all my washing and mending, saw that I had something to eat, and when I got discouraged, told me to cheer up and remember tears were for babies.” “*While you were there you studied by yourself’—— *Oh_no, bless you, no! Not by my- selfl Mother heard my lessons overy right, and mude me spell long words while she beat up cakes for breakfast. I remember one night I got so dis- couraged I dashed my writing-book, ugly with pot-hooks and trammels, into the tire, and she burned her hand pull- ing it out,” “*Well, it was certainly true, wasn’t it, that as soon as you had saved a little money, you invested in fruit, and began wl(mddle it out on the evening train?” The rich man’s eyes twinkled and then grew moist over the fun and pa- thos of some old recollection. *‘Yes,” he said, slowly, “and I should like to tell you a story connected with that time, Perhaps that might do the Sunday school good. The second lot of apples I bought for peddling were speckea and wormy. I hud been cheated by the men of whom I bought them, and T could not afford the loss. The night after I discovered they were unfit to eat I crept down cellar and filled my basket as usual. ““Phey look very well from the out side,” T thought, ‘and perhaps none of the people who buy them will ever come this way again. DIl sell them, ana just as soon us they're gone, I'll get some sound ones.” Mother wassinging about the kitchen as I came up the cellar stairs. I hoped to get out of the house without discussing the subject of un- sound fruit, but in the twinkling of an eye she had seen and was upon me, _‘*‘Ned,’ said she, in her clear voice, ‘what are you going to do with those specked apples?” ***Se—sell them,’ ashamed in advance, * “Then you'll be a cheatand I shall be ashamed w eall you my son,’ she said, grommly. ‘Oh, to think you could veam of such a& sneuking thing as that!" Then she eried, and I cried and ~-I've never been tempted to cheat since. No, sir. I haven’t anything to suy in public about my early struggles, but I wish you’d remind your boys and girls every Sunday that their mothers are probably doing far more for them than they do for themselves. Tell them, oo, to pray thakthose dear women may live long enough to enjoy some of the prosperity they have won for their cliildren~for mine didn’t,” stammered 1, THE SPE( Ditw Wheat Folows a Predicted Falling Barometer. CEC I APRIL'S GREAT TRADE IN CATTLE Republic Oalling For cadstuffs—Rog Pro- Are Lower and the Dgmand Lighter. The Argengin CHICAGO PRODUCE MARKETS. Cnieaco, May 4.—([Special Telegram to Tre Bee.| —Wheat was rather firm early and then soft and declining on & low bnrometer in the northwest, indicative of rain. The market was Just barely steady during the last hour ata slight recovery from inside prices for the new crop futures and at igc decline fromtop prices, The shipping de- mand for wheat keeps the cash market firm at full yesterday's prices and a little better. Weather reports from the northwest were the moving speculative forces. to-day. On the signal service map a low barometerical area is shown to extend over the most im- portant portions of the spring wheat district of Manitoba and the states. Private dis- patchos from the northwest were very con- flicting and in many cases directly and flatly contradictory. Some had rain and others only wind, The truth seems to be that there is plenty of wind and occastonal showers, with signs and expecta- tions of abundance of rain soon. The north- west up to the hour of going to press seems to be in a state ot expectancy, between wind and water. The crowd elected to believe that rain was due to descend copiously and savinzly upon the spring wheat fields, and that it would so descend. That was about all there was of to-day's market. It was a tiresome and “‘trifiing” sort of day. The activity in the cash wheat market proves to be general. The interior milling demand is urgent and of fair proportions. As a result of the week’s movement the visible supply should show a reduction of over 1,000,000 bushels. Exports from’ Atlantic ports have been larger this$ week thun any week this year, and C. J. Clark, jr.. wires Harry Secull that 400,000 bushels have been ordered to load out of New York next week, to his knowl- edge, of which quantity 250,000 bushels will go to the United Kingdom, 77,000 bushels to Lisbon, and 83,000 bushels to the Argentine Republic. The latter item is significant, in view of the fact that the Argentine Republic has been quite a bugbear on account of the fizure it was to cut as an exporter of wheat. July wheat opened here at 783(c. The mar- ket worked down to 77¥;c, rallied to 781g¢, settled back to 78c, and sagged off to 7774 78¢, where it rested, in a spiritless fashion, at the close of business. June opened at 803, advanced to 8lc, sold off to vanced again 1o about 8lc, and closed at 80i¢c. As compared with yesterday's clos- ings, it shows o gain of 5 in June, and a 1088 of Y(@ggodn July. The strength of the cash market, sgems to be that it is resting on a healthy, legitimate, consumptive and shipping demand. Lake _engagements are reported : to-day for 54,000 bushels and the outirail movement is quite an im- portant itém. ~Operations in futures were on a light sbule and the trading was without any significance whatever. The scalpers were in controli Receipts bf corn were considerably over yesterday's estimates, being 321 cars, against a promise of 260. This did not prevent the market from showing considerable firmness at the ovenjng, but fine weather, heavier re- ceipts for Mgnday and the weakness of wheat, were all against the bulls and en- couraged free selling by their opponents, under which the market broke and the feel- ing was for)3, time very weak, without any accompaniment; of activity. The foreign markets were firm, but export clearances were on a moderate scale. New York was inclined to weakness and St. Louis likewise appeared soft and yielding., There were 36,000 bushels loading here for direct exporu to Glasgow, via Montreal. Some changing from June to July was done at a difference of from S§c to 5{e. Oats opened firm at the latest prices of yesterday ana later ruled dull and 4@3c lower. There was good buying early, with one operator taking about a quarter of a mil- lion bushels of June at 23c, but with this a mand satistied and under increased offe ings, weakness onsued, touched. In May ther s, aside from changes the difference between this and next month’s prices widening to 1 @%c, and clique_houses selling May un buying June. Of 188 cars inspected in, which exceeded the estimate, 73 cars were contracted oats, and withdrawals from store were decreased to 000 bushels, No. 2 onts to go to store were dull and quotable av lons were strongly bearish in their The receipts of hogs excceded expectations and as a good run of some was vory generally predicted for the coming week, a weak feeling took possession of the market. Trade exhibited a receding turn from the start, and the few reactions experi- enced during’ the day were impotent and short-lived. Property was offered freely; the tired bulls threw their holdings, and bugers found no trouble in having their wants supplied. Their wants, however, were much smaller than the offerings. Based on yesterday's closing, pork, at adjourument, showed a decline of 173¢@30c; lard of 5@7ige, and short ribs of 5@10c. CHICAGO LIVE STOOA. CmioaGo, May 4.—[Special Telegram to —There was no ‘‘edge” to prices to-day, or any kind of reliable demand, still salesmen mavaged to exact yesterday's strong quotations, or 5@15¢ more than could bave been secured Thursday. Trading was slow, the scattering lots of steers on sale not proving sufticiently attractive to induce buy- ers, generally, to enter the market even on speculative account. All cows and bu'ls of- fered found a ready outlet at figures fully 15 cents higher than early in the week. The number of stockers and feeders on sale amounted to only about 600, and were mostly thin, common stockers aud rough, coarse heayy feeders. Choice to extra beeves brought $4,10@4,80; medium to good steers, 1850 to 1500 1bs, $8.75@4.05; 1200 to 1350 1bs, $3.00@@3.90; 950 to 1300 lbs, $3.35@3,70; stock- ers and feeders, $2.50@3.60; cows, bulis and ixed, $1.00@3.15; bulk, $2.25@275; steers, 'ha inarket has been weak and un- satisfactory, and fully 10 cents lower than yesterday morning, and 5 cents lower than towards théfinjsh of that day on heavy hogs, but not more than 5 cents lower, if that, on light sorts. _Packers were slow, but operat- ors finally 1zt the most of the supply at a raoge of §4/45./to $4.60, principally around #4.55. Eastern shippers paid a range of #4.55@4.62!5on heavy, and butcher shapes, mainly around .$4.60; lighter sorts sold at #4.70(@4.75; Jighv mixed, $460@4.65: one lot early at $1.70, and heavy mixed, $4.50@4.57}4. Ciicaco, | Mgy &—[Special Lelegram to Tug Bee.)--Receipts and shipments of live etock in Chigagp.were greater during April of this year.-than for any corresponding month on record. The total receipts for April, 1850, were 18,526 cars against 15,693 for April, 1888,.and 13,182 for April, 188 The shipments for April, 1889, were 8, Avril, 1858, 6,008, ana April, 1836, 4,061, Al most the same statement applics to grain, provisions, hogs; cattle and sheep. The re- ceipts in all were larger than for any April n four years. Commenting on the above figures, road man said: “When you cousider the larger receipts and the decréase in net earnings, it simpiy proves that we are making oo low rates. An increase all around is our only salvation.” FINANCIAL. New Youk, May 4-—(Specisl Telegram to Tus Beg.|—Srocks—The stock marked was irregular to-day, and aftgy a show of strength in some stocks and a d¥ided weak- ness in others the week closed without the list being matenally changed from the first figures. At the opening prices were kener- ally a shade better with business confined to less than a dozen stocks., The active seouri- tios were Atchison, Burlington, Northern Pacific preferred, Oregon Transcontinental, Union Pacific and St. Paul, in most of which, before the end of the hour, there wore some losses. Union Pacifio lost }¢ and Bur- lington %. These lossos were recovered Inter, and Atchison was quite strong. The woak part of the list was in trust stooks, Sugar Trusts lost over 2 points, ana Chicago Gas 1, touching 48 and regaining a fraction, Toward noon the activity went to Burling: ton, Reading, and Richmond & Westpoint, the changes in the prices of which were fn- sigmficant, and were- losses, Burlington went off to 083 and the others yielded smaller fractions. Cotton Oil was conspic- uous, dropping 11¢ aMl recovering 1 per cout. ‘The fact that there was no serious back-set from the advances madeafor two d past is rogarded as a favorable sign by the bulls, and they prodict still bettor gains next week. The follewing wero the closing quotations: 1. 8. 48 rogular. {[Northern Pacific.. 2314 UL 8. 45 coupons - 2 4 J: & dlasrecular. 10K C. T PD &R ... Chicago & Alton . 183 * |Rock Tsland. . Chicago, Burlington ., M. & St.P & Quine - 45| dopreferred 13814 [S8t. Paul & Omal 114 | do preferred L B.& W.,.. 814/ Uaton Paciflc. . Kansas & Toxas. .. 12 W,.8t, L, & P, “Lake Shore 1wt do preforred * 8044 Western Union. PriMe MERCANTILE PAPER~333{@355{ per cent. SteRLING Excmaxer—Quict but sixty-day bills, $1.87; domand, $4.83%. s PRODUCE MARKETS. CHICAGO, May 4.—1:15 p. m. close—Wheat Steady; cash and June 803¢c: July, 77 15-16¢. Corn—Easier; cash, 34 15-10¢; June, 3415¢; July, 347¢c. Oats—5 t‘end_\‘: cash,22 7 uly,22 15-16c. Bic. othing doing. othy--§1.28. Flax—8$1.5 Whisky. Pork—Steady; cash, $11.4 Lard—Steady; cash, $6.7 0.8234. Flour—Steady: winter wheat, $2.00@4.00; ):priug wheat, £1.30@5.75; rye aflour, $2.40@ 2.90. firm Dry Salt Meats—Shoulders, $5.25@5.50; short clear, $5.25@0. i short ribs, $5.85 @5.90. Buttor—Slow; creamery, 15@21 13@18c. Cheese—Dull; full cream cheddars and flats, 7i§@Sc; Young Americas, S@e Eggs—Eirm; fresh, 11@114c. Hides—Unchanged; heavy and light graen salted, byc; salted dull, 41gc: green salted calf, dry flint, 70; dry salted, 7c; e} des 5S¢ each. No. 1, solid packed, 4c; No. 2, 815¢; cake, 44e. Receipts. Shipments. 000 4,000 53,000 466,000 275,000 ik, ) Wheat—Receipts, exports, market quiet er for spot; No. 2red, 523c i store; ¢ afloat: 88% @S5 ¢ f. 0. b.; No. options dull’ and J@ie lower, , 82%c. Corn—Receipts, 120,000; exports, 110,000; spot, dull, but stead No.' 2, 48 @s3igc 4417c " afloat; No. 2 white, w42!ic; ungraded mixed, 41} dull, ‘weak and lower. Oats—Receipts, 4,000: exports, 1,000; spot, dull, unchanged options, dull, lower; May, 28ic:J 2 28%{¢; spot, No. 2, white, mixed ~ western, 28@3ze. Coffee—Outions firm, and 5 points up; sales, 5 May, $16.85; July, $17.10 @17.16; spot Rio, quiet; fair cargoes, '$18.75. pCileun— steady, quiet; united closed at 4c. Tggs—Firmer; western, 13@183{c. Pork—Quiet. i dairy, 16,0003 284G @3dlgey ; westorn steam, 7 714, Bultter—Weak ; western 10@24c. Minneapolis,May 4.—Sample wheat dull, about steady; rcceipts, 198 cars: shipments Closing: No. 1 hard, May, 90c; on track, 96@7c; No. 1northern, ST97c3y July, 80}c; on gtrack, 88@ thern, 7ic; July, 7 Oats—Basier; cash and May, 233gc; June, 2814¢. Pork—Dull at $12.20, Lard—Quiet at & 50, Whisky—Steady at §1.02, Butter—Unchanged; creamery, dairy, 17@13c ncinnati, May 4.—Wheat—Nominal; No. 2 red, 84@83e. Corn—Light demand; No.2 mixed, 87c, Oats—Wealk: No. 2 mixed, 26@27c. Whisky—Steady at $1.02. Kansas Oity, May 4.—Wheat—Weak; No. 2 redN\cash, 69c; July, 61!¢c; No. 2 soft, cash, no bids nor offerings; July, 60c bid. Corn—Stronger; No. 2 cash, 2ig: July, 2637c asked; No. 2 white, cash, no bids nor offerings, Oats—No, 2, cash, 20c asked. LIVE STOCK. Ohicago, May 4.—The Drovers’ Journal reports as follows: Cattle—IReceipts, 1,600; markot steady: beeves, $£.10@4.50; steers, 5(@4.00; stock- ers and feeders, §3.50@3.60; cows, bulls and mixed, $1.90@3.35; Toxas stoers, $3.00@3.60. Hogs—Receipts, 11,000; market steady xed, $4.50@4.70; heavy, $4.40@4.65; skips, 0@1.50. ,500; market steady; westerns, $3.75@4.90; 20@21c; Texans, $3.25@3.75. Kansas City, May 4.—Cattle—Recoipts, 1,800; shipments, 703; dressed beef and shipping steers, strong and 5@I0c higher; good to choice corn-fed, $3.90@4.10; common to medium, $3.00@3.75; stockers and feeding steers, steady at §2.00@3.60; cows, steady at §1. 00, Hogs — Receipts 6, hipments, 1,400; bght, steady to strong; heavy, weak to lower; common to choice, #4.25(@4.50, Sfoux City, May 4.—Cattle—Receipts, 204; shipments, 260; market stea fat stocrs, $3.00@3.80; stockers, $2.85@32,85; feedors, $2.40@2.90; canners and bulls, $1.00 @).75; veal calves, $2.00@4.00. Hogs—Receipts,' 1,200; market light and mixed, $1.35@4.40; heavy, @4.4 National Stock Yards, Louis, May 4.—Cattle — Receipts, 200; shipments, 500; market steady; choice beavy native steers, $3.80@4.40; fair to good, $3.00@4.00;8tockers and foeders, $2,10@3.00; rangers, corn-fed, §2.80@8.40; grass-fed, $1.90 Hogs —Receipts, 1,400; shipments, 1,400; market strong; chioice heavy and_ butcliers' selections, §4.85@1.65; packing, $4.40@4.50; light grades, #4.45(24.60, steady; #4370 Kast St e A Mysterions Railway. There is & natural mystery connectea with a railway in Chattaboochee coun- ty, Georgia, that has no parailel, The rond, after leaving u cveek, passes through a cut four or five fect deep and 800 to 400 feet long, coming to a grade at each end. To the northeast of this grade is a nagural ascent of about one foot in ten. The surface of the earth, after the grading through this cut, be- gan sinking in sections up the hill that would be as large as 30 or 50 feet wide by 200 or 800 feet long, pacallel with the road. These sections nave dropped from two to six feet, and from time to time since the road was graded, a ago, have gone up the nill for 200 or 4 feet. The slides und sinks bave unever been witnessed, and may occur ut any time and always cause u visa in the ruil- road track from two to six fec nd at times erook it about out of the cut. R At this season all fruit trees will be benefitted by a wush of some kind. gallon of strong soap suds, to which teaspoonful of carbolic acid is added, is excellent, Scrub tho burk wsll and apply the wash liberally, MUSICAL AND DRAMATIO, Salvini's daughter has given evidence of groat histronic genius, Hoary Irving has been mvited to produce ‘Macbeth” in Germany this sammer. Massenct's ‘Lo Cid" has uchieved a verit- able tglumph at the Costanzi theater in Rome, “The County Fair" gains in popularity and proaperity the longer it is played. Every one Wwho soes it is delighted. Miss Rosini Vokes roturns to New York, and will be soen at Daly’s theater in o round of her favorite parts, “Ein Prachtizer Binfall” is the German comedy whioh W, H. Gillette 1s to adapt in time for production next fall. Author Anson Paul intends to rewrite his military drama, “Her Atonement,”’ and gave it a London production in the autumn. Prot. Horrmann, the maglcian, will follow Minnie Palmer at'the Fifth avenue theatre, New York, beginning his engagoment on May 97, . Mme. Mathilde Cottrelly is soon to anpear in the new opera, **The Clover," which is to be prosented by- the McCuull company in Now York City jeorge Fortesque, the mammoth comedian of “Evangoline,” is determined to star in ““Mrs. Moses Moyer" next season. The title indicates the sort of play hoe has. John Wilde has written to a friend stating that thore is no truth in the rumor that Ed- ward tarrigan and he_are to resume part nership next season. He will continue on the road as a star in “Running Wild.” The engagement of Viola Allen to play leading female parts with tho Jofferson- Florence combination, will not interfere with her playing in_**Shenandoah” at the Star theater, Now York, next September and Oc- tober. ““Ilio Grent Metropolis,”” George Jessop and Hen Teal's new melodrama, which was originally christencd “Costar Lights,” will be produced next season under tho uunn{w ment of Klaw and Erlanger. The uew play is based on & story of New York ut the pres- ent time. The forty-eighth performance in Paris of Berlioz’s “La Damnation de Faust” at- tracted so large a number of musical enthu- siasts that many were unabls to obtaia ad: mission to the Chiotelet, and the forty-ninth and fiftieth were anuounced in consequence for the week following. The theater of Ebling, in Prussia, has the unenviable distinction of having beou the first to produce a drama founded on the tragic cvents at Meyerling. This play, which is in five acts, is ontftled, “‘Prince Gleichen- fels,” and the author has added “Psychologi- cal Study of Meyerling Catastrophoe.” William Morris has again sailed for” Sou America, whore he proposes to give another theatrical season. He will be followed noxt Saturday, by Loie Fuller and & company numbering twenty-five people, who are to opeu in Valparaiso, C They will piay & number of standard picces and make a grand production of Mr. Gillette's verson of “She.” here are three acts and three scenes in he Oolah,” which Irancis Wilson is to brinz out May 13, The first scene repre- sents the public place in a Perisian village near Teheran, and the exterior of the homo of the “Oolah.” The sccond will show the exterior of Akhalzakek’s beautiful mansion, and the final scenc will depict a public bazaar 1 Teheran, The serio-comic perversion of “Robert Elsemere,” produced at Union Square thea- ter, New York, is ono of the ghastliest dra- matic failuves hore this scason. That any aduptation of Mrs. Humphrey Ward's book must fail was, of course, a foregone_conclu- sion; but there are degrees in_disaster, and the badness of this attompt was surprising. Edwin Booth and Lawrence Barrett began an engagement of one week in_Denver, and after playing for three nights in_ Salt Lake City, will dedicate the new California Theatre in San Francisco, May 13. The tragedians are now traveling in a new palace car_called *Halsemere,” which has been built especially for them by the Pullman Palace Car company. Sophocles' “Electra” was successfully pre- sented at the Hollis Street ticater, at 10s- ton, recently, under the auspices of the American academy of arts, Greek students attended from Harvard anda Smith colleges and other_institutions, and gained new en- thusinsm for the Greek drama. This is es- pecially true ut Harvard, where the ‘‘(Edi- pus Tyrannus” has been’ given, and similar productions may follow. — ——— EDUCATIONAL. The Chicago Free Kindergarten associa- tion had enrolled last year 2,232 children. The endowments of the Leland Stanford, jr., university are expected to reach $20,000,% 000. Massachusetts has 24,000 pupils in the evening schools, an increase of 50 per cent in one year. The Rocky Mountain Advocate says the in- crease in the value of lands in and around Denver will soon fill the treasury of the Denver university with miliions, The friends of Syracuse university are to be congratulated on the acquisition of a col- Jection of 12,000 rare and splendid portraits, the gift of Mrs. E. W. Leavenworth. Two wealthy ladies of Leipzig have pre- sented the city with the gift of $150,000, the interest of which is to be spent for the relief of educated families in needy circumstances. The last congress appropriated over $300,- 000 for twelve new school buildings this year in the District of Columbia. That will make twenty-nine school houses erected in three years. ‘The number of colleges and institutions in the country is the sume as it was ten years ago, but the number of students has in- creased from 11,161 to 32,316 in the same period. The interest-bearing funds of the common schoolsand the university of Texas amount to. over £20,000,000, and the 80,000,000 acres of unsold lands will, within the next two decades, swell this amount to §100,000,- 000. Thbus it will be seen that the public school endowment is now more than $100,- ,000. ‘The university of Southern California, lo- cated at Los Angeles, proposes to establish an observatnry on Wilson’s Peak. It is ex- cted that the apparatus will include a 40- nch glass telescope and a 24-inch photo- graphic instrument. It is stated on good authorivy that the trustees will have a bal- ance of $400,000 on hand after the telescope objective is paid for, Rev. W. ¥, Slocum, late of 3altimore, was inaugurated president of Colorado coliege March 25th, The hearty interest and sup- port of the educational forces of the new west, under the insviration of the new presi- dent, opons a bright future for this institu- tion. The sum of §20,000 is now being raised 1 Colorado Springs, with which to crect s building for dormitory and boarding pur- poses. ‘T'ho Billings library, built at an expenso of nearly §150,000, and presonted to the uni- versity of Vermont by Hon, Frederick Bil- lings, of Woodstock, formerly of Califoraia, one of the six finest colicge library buildings on the western continent, is to be further beautified the coming season Ly the erection of a wing at the north to complement that at the south end, the gift of Mr, Billings, built o accomuiodate the rapidly increasing re- quirementa of the library. — Profes: Huxley on Faith, T may have the most absolute faith that o friend has not committed the crime of which he is nceused, says Pr fessor Huxley in his article on agnos- ticism in the Populur Science Monthly, In the eacly days of English history, if my friend could have ohtained few more compurgators of like robust faith, he would bave been acquitted, At the presant day, if I tendered mysclf as a witness on that score, the judge would tell me to stand down, and the younygest bareister would smile'at my simplicity. Miserable indeed is the man who has not such faith in some of his fallow men —only less miserable than the man who allows himself to forget that such faith is not, strictly speaiing, evidence; and when his faith is disappointed, as will happen now and wsgain, tuens Tinwon #nd blames the universe for his own blunders. Aund so, if a n find a friznd, the hypostusis of all his hopes, the mirror of his ethical tdeal, in the Josus of any, or all, of the gospels, let him live by faith in that il]‘wl\. Who shall or ean forbid him? But let him not delude himsolf with the notion that his faith is evidenee of the onjective reality of that in wnich he trusts. Such evidence is to be obtained only by the use of the methods of seiende, as ap- plied to history and to litorature, and b agunts at pragaat v very little, WEEKLY BUSINESS REVIEW. — ¥ Money fs Hasy and Gilt-Edged Paper in Demand. . TO 2 1-2 PER 'GENT. DOWN Cheap Money Promised Through the Summer Months—Prodnce Ags tive in Chicago—Crop Re« ! ports are Favorable. % Trade 1n Goods Rather Disappoineing. Criicaco, May 4.—[Special Telegram to Tre Bre.]—The money market remawns in the samo quiet monotonous condition’ roe corded last wook. Calls for bank accbmmo- dations from the grain and provision: trade aro small, and tho volume of that cla of paper held by the banks is stoxdily decreasing, as holders reatizd on their property by shipping to the consumers’ warkets, Present indications favortha obinion that the close of the month will find a smaller porcentage of the paper just mon- tioned in banker's hands, than at any corre- sponding time 1 many years. Merchants and miscellancous borrowers are asking. for a fair line ofe discount. The former ussert that thoy are compelled in many cases to borrow because of the tardiness of ocollec- tions in some parts of the country. Trade, in many lines of goods, has also been disap- pointing, and necessitates borrowing to meet maturing obligations that were expected to be provided for from current sales. The aggre- gato demand, however, is below the supply of funds and the market is weak at b@r per cent, aocording to the size of loans; although as low as 43¢ pos cont is oocasionally accopted for large sums on call backed by gilt -edged collaterals. Moncy at financial conters fn the east contimues to accumulate because of a lack of demand from borrowers, who soe no_prospects of using it to advantage: and © call loans in Now York on fancy collatorals are quoted at 2@2'¢ per cent and time loans at 4@7 per cent. The nutlook also favors a dull loan market and cheap money through the summer months. Foreign ad- vices indicate no particular change it that anarter, The New York evchange was in Lghter supply with fair demand and was trmer, and sold at 40@G0 premium per $1,000 and closed at the outside. Forelgn exchange is steady with a fair number of bills offered. Sixty day documentary (bills on London sold at $4.853{@4.801¢ and closed at $4.865. The general jobbing trade continues quiet and, on the whole, loss satisfactory] in volume. In some lines tha sales for the first four months of the vurrent year are above those for the corresponding time in 1888, while others show a decrease. For the first timo in sixteen years the New Yorl stock exchange was closed for three successive days, which was due to the con- tennial festivities. Despite the fact that there were only three business days, & good business was transacted; sales having ag- gregated 563,445 shares, ' Foreigners bought , and therc were, apparently, few stocks offered. Reports of railroad earnings were good and the gencral disposition was to buy. This resulted in & strong market, with a sharp advance in all active stocks, The March report of the Chicago, Burlings ton & Quincy showed that the net earnings had increased $847,177. This surprised the operators, and caused a rush to cover “shorts. Prices advanced 434 points, and although freo realizing was indulged in when it became known that, despite the large gains, vhe road had failed to earn itg fixed charges, the appreciatiation was well maintained. Sv. Paui’s net earnings for March increased $362,788, but the gross for April decreasad $6,238.. The buying proved. too strong for such influence”to have any material effect on prices, and & net guin of 114 points was rocorded, -All the western stocks were stronger, 'and olosed. 1@9, points higher. Bonds were in good reques! and firmer. Chicago produce market exhibited con- siderable activity during the past week, not- withstanding the holiday season, but tho feeling was somewhat unsettled and prices ruled with considerable irregularity. For- eign advices were less favorable to holders, and eastern markets were inclined to weakness for leading articles. The move- ment of grain to leading, western markets, was somewhat larger, attributed to the fact that holders desired to deliver property on May contracts. The movement, eastward, was also quite liberal, reasonable freight rates inducing shippers o enlarge thoir sup- ¢ plies. The supply of grain shows a further material reduction, excepting of oats and the movement to smaller stations is_ocom- paratively light. Crop reports from all sec- tions continue favorable, and the outlook in- dicates a good yield of ail kinds in most sec- tions. * Some daumage in reported, but it is mainly local. Advices from abroad also favor good crops of most cereals. The export movement continues tair of flour and wheat, and quite Liberal of corn and provisions. Deliveries on Maycon- tracts were quite liberal in the principal western markets, but were readily ‘accepted and paid for. The prices for grain showed a little improvement early, but during the past two or three days a weaker feeling was de- veloped and lower figures accepted. - In pro- visions the feeling was rather weak early, and prices ruled lower; but toward the close the markets showed more strength, and the reduction was recovered. Receipts of live stock have been somewhat larger at tha principal western murkets, and vrices were more favorable to buyers. l1ogs were in better supply at larger pack- ing centers, and good quality is well main. tained. The packing for the week shows o de- creuso, compared with the returns of the corresponding week in 1583, but the aggre- gate return sinco March, shows an increase. “T'he movemeut of provisions continues quite Jiberal, and will probably be well maintaited, as parties will no doubt forward considerable property accepted on May contracts, — JUST A MINUTE. News of The Saturday Evening Boe Boiled Down. Hutchinson's (Kan.) board of trade has pnssod resolutions indorsing Judge Groff, of Omaha, for the vacancy on the inter-state commission, The centgnnial arch ar Washington Square is of such “artistic dosign that the citizens propose to reproduce it in marble, Tho costof & permanent arch will be §100,000, and already soveral substantial subscriptions have been received, George Francis Train nas now fasted six- teen days. A religious riot over a priost at Manistee, Mioh., was extingutshied by the fire dopast: § ment, James Waterbury, jr., has been amusing his friends with a “private ecircus perform- ance, The actors arc all young. bloods be- lnmimu to New York's *400,"" while the giddy girls belonging to the same exclusive circle passed the lemonade and peanuts. ‘The Mexican government is reported to have ceded an immenso tract of land 0 an Auerican syndicate, Cleveland is said to have declared recently that he will ote the rest of his life to the practice of law. 1 The Provincetown schooner Nellie Swift, from the West Indies for Now York, has been given up for lost with all on board, J ‘The authorities of Schlesweig have refused to rescind the decree expelling certaln Gers wen-Americans from the islands of Agron and Fohn in the North sea, Secrotary ‘Iracy yestorday awurded §0 the Union ivon works of Sun I'rancisco the eon- tract for constructing a great armcred coast vessel at a cost of §1,623,000, § The weckly bank statement sl 904,000, The*baul of legei mg!ir . rs have heen Issued to the prison au- ies for the relousy from jail of William O'lrien aod Tinothy Harrington, = & e ; Nominated For ityan's Seat, Exivonta, Koo, May 3.—The Fourth trick republican convention has nomtin Ilurrison Kelley, of Coficy county, as a’eans didate for the vicant seal of Congressman Ryan. ‘I'he convention has been i scssion thvee days, and 215 hallots bave boun tekem, dis ted