Omaha Daily Bee Newspaper, May 26, 1889, Page 15

THE CONDITION OF TRADE. Now Is the Transition Period of tho Year. QUIETNESS RULING EVERYWHERE Prices Tending Lower in Almost All Branches—Money s Ensy ana Collections kFalr—Job- bers' Meeting. The Financial Situnaction. The money market continues very easy, and though there is & fair demand from job- bers and manufacturers, the situation is not ontirely satisfactory to bankers, who would prefer to have a more uctive demand for their surplus funds. Exchange is very steady o #1 per thonsand premium. Clearings for the woek is reported by Mr, Hughes, manager of the clearing house, were 83, 65, o de- crease of 8 per cent. Balances footed $35 076,60, Tho Bell Telephono compauy is reportod to be about to issue §5,000,000 of new stock to stockholders at par. Aocording to its own statement the United States treasury has purchased since August 8, 1887, a grand total of $108,63,100 of bonds. Of this amount $61.500,250 wero 4 cents and §107,048,550 4 0 Fhcir cost was $104,850,750, ‘of which 3 was padd for the 4 per cents, and 515,950,566 for the 4}¢ per cents. The saving by the pur- chas¢ amounted to $35,500,037. Collections are fairly good in the country, though the city still lags and complains of dull trade. As an evidence of the trouble that credit men have to keep up with the situation it may be stated that Dun’s agency in the past six months report in Nebraska alone 4,121 new names—38,052 names oblitorated, 33 new towns created and 24 towns abandoned. General trade is ouly fair. There s a sea- sonable call for dry goods, millinery and notions; hardware is active and lumber rather ‘quiet, hides are dull, groceries are moving steadily on orders by mail and from salesmen, but there is what is termed a languishing market in all lines though snles are actually in excess of 1858, except in boots and shoes, which are slightly off. Prices are steady, as a rule, with advanc- Ing tendencies. gar is decmed certain to flhiflher. Oranges are higher aud active. mons are excited, and quotations from £4 00 to §5.00 for choice, to $5 $7.00 for fancies. Dairy produce is in very full supply, and buiter is being taken by packers at their own prices, say 10@I1c_for good to choice table amiry. New vegetables and berries are plentiful and lower. Poultry is steady at guotations with a good demand. Potatoes are scarce, and, as the receipts of new are light, 'old stock is higher and is likely to continue so. The principal tovic in grocery circles has been the disruption of the tobacco combina- tion, caused by the enactment, by the legis- lature of Missouri, of & law making it o penal offense for any firm or manufacturer to combine with others to_arbitrarily fix the prices of merchandise. Leggett & Muyers and the Drummond company, two of the largest manufacturers of plug tobaccos in the country are located at St. Louis, and as this law makes it impossible for them to hold the trade up to the combination prices all other mannfacturers in the United States are compelled to mect the exigencies of vho situation and leave the making of prices to the jobbers, and while a majorty of these will be found willing to hold prices firm, past experience has proven beyond doubt that there are some within their ranks who will ecut aund demoralize prices to gain trade and the ma- Jority must in self ense follow suit. A meeting of the leading Omaba jobbers has 923, been held and a resolution made to hold prices at a fuir margin, but as it is known that already some of the smaller jobbers have indicated a determinution to make a formal withdrawal from the com- biue, it is feurod that all efforts will be use- less and-the cutting and slashing of m year or two since will recug to the serious loss and detrimentof the jobbers, and \ithout any special bonefit to the consumer. It is feared, ), that the trouble will extend to the cracker and candy trade, The stocks of wheat and corn at twenty- one leading interior and seaboard markets east of the Rocky mountams, in transit from the west to the scadoard, and afloat on the ocean, destined for Great Britain and con- tinental Europe, on the dates named, were as follows : Wheat, bu. Corn, bu, United States east of Rockles..... 22,348,000 9,692,000 Afloat on ocean—Uni'd Kingdom... .18,120,000 2,240,000 Afloat on ocean-—con- tinental Burope..... 2,720,000 1,250,000 Total May 20, 1859, 48,188,000 18,212,000 Previous week .......49,611,000 14,484000 Total May 21, 1888.,..53,262,000 11,619,000 ‘Total May 25, (857....65,138,000 15,774,000 Total May 17, 1886....61,014,000 10,877,000 Sugar is very firm, owing to the bad crop prospects. Havana cables have been re- coived stating that the dry weather contin- ues. The large sugar estates are still work- ing, but ‘rains ure meeded badly, the cane being bard and yielding little juice.” Most of tho smaller plantations have “finished their crops with a difference of 25 to 40 per cent less production as compared with the pre- vious crop. Much new cane will be planted and the area for next season’s grinding will be greatly increased. It is uuuf to be con- ceded that the orop of 1588-89 will fall short of that of 1887-88 fully 150,000 tons, Fre- quent fires have occurred among the sugar- cane fields, causing the destruction of large tracts of standing cane burning over lands recently cropped. Lhis, no doubt, 18 owing 1o the long continued dry weather. Rain is very much needed all over Cuba. The New York Times, under date of May 23, suys; “While the public, in and out of Wall street, has been treated for weeks and mouths past with tales of utter demoraliza- uon 1 the coal trade, and the price of stocks has been raided on such tales, the fact is that that trade has not, ina long time, been in any such healthy style as it is now. There has been a surfeit of talk about a glut of coul at the mines, and a bigger glut at tide- water, with no glut_unywhere, Yesterday the coal companies made all this vory plain, showing pretty plainly that they have boen fooling the public about the real condition of things. By woful talos they have prevented threntened adverse logislation; they have been able to steer clear of strikes and avoid demands for increased pay to employes, and they also, through the same policy, have been able to keep most of the biggest pur- chasers of coul out of the market till the prosent time,when, sure of every udvantage, they aro able w demand higher prices, and maintain a dictatoriai position. The first of @ sories of advances in the price of coul was officially announced to-day—uan advance of from 10 to 15 cents per ton. OMAMA 1AV SPOUK, Oatcle. Saturday. May 25. ‘There were too many cattle here for u Sat- urday, more than there were either at Chi- or Kansas City. The buyers were in 10 hurry to commence operations, and it wus 1ate before the maricet opened. The market ‘was slow all day, and about 10c lower, unless it might be on some vary desirable little ca'- tle which happeued to Sspeciaily sirike a buyer's fancy. It being the last duy of the Wweek, the dressed beef men were not in need of many cattle and the shippors were not strong buyers, every one lookiug for heavy receipts and lower murkets for the first of next week, KEvon the most desira- ble littio cattle were slow, but they werc not beav, tle, which no one seomed to want at price. The quality of the beef and sleors was very S:ud and the yards were full of desirable cattle of all kinds, The stoers sold mostly at #3.60@3.80, but the ex- was §3. W for full loads. utohers' stock was more lib- there wez‘.mm full loads of cows on has been good and prices veraged about steady, the market was hll‘hx "'{lm cows s0ld at s H0@3.90. Some d heifers sold at $3.00@4.10. rs 0ol to make & market oconsiderable inquiry for cattle of A small bunch of feeders sold at $3,80 and some stockers ut §2.006@3. 20, The recelpts were unusually hLeuvy for Baturday, and the buyers took advaniige of the fact to do some hard pounding on the market, The trade opened with a few good loads selling ot $4.30@4.23 and with one trade at $4.80, but the macket had not fairly openiod before 84,15 was the bid for most everything. In the ond the buyers did not succeod In gecting much of & concession trom yostorday's prices. The market at most could hardly be quoted more than a shade lower. Sheep. The market was again baro of sheep, The damand is good and the packors want sheep, but none are coming. Recoipts. Cattlo 9,200 Hogs, . 6,000 Provalling Prios Thefollowing is a tabla of pricss pald in this market for the grales of stock mon- tioned : Good steors, 1230 to 1430 1bs, Good stoors, 1050 to 1300 1bs Ordinary to fair cows Fair to good cows... Good to ehoico cows Choica to fancy cows, hoifé Fair to good bulls Good to chofoe bulls.; Lignv stockors and facdors. Good foedars, 050 to 1100 Ibs. Fair to choice light hogs Fair to choice heavy hogs Fair to choieo mixed hogs. Fair to medinm uative shoop Good to choice native sheep, .. Fair to choice wostern sheep. . Shorn sheep...... . Rupresontative Sales. @4.90 . 8.60 50 @350 @300 (@300 @335 @495 (@4.50 @460 @400 EIFERS, TEARLINGS, 16. ... DSO 8.00 FEEDERS, 18..... 823 8.80 OALVES. ) RIS 190 4.00 OGS, No. Ay. Oft. Pr. No. Av. Off. Pr. 60....2063 160 84 15 66, 80 $4 20 251 4) 415 M0 4 20 01 80 120 420 — 420 240 4 20 160 4 20 40 4 20 160 4 20 120 4 20 20 160 4 20 200 4 20 240 20 100 4 20 200 4 20 80 4 20 0 5 0 b o e O e 40 200 4 20 160 20 80 420 40 4 20 120 420 80 120 420 — 160 4 20 160 40 420 K zip 240 Lot 21 S0 — ?:fi 40 80 4 2207 S0 20 4 234 40 — 425 80 80 4 25 — 160 4 25 80 120 425 80 40 425 = 80 425 80 120 425 40 40 4% — — 42 10 80 430 Lave Stock Notes, L. C. Akofor, of South Bend, was in with hogs. F. J. Hole was in from Battle Creek with 0gs. W. T. Rickley, of Columbus, came in with 0g8. J. W. Thomas, of Sargeant, was visiting the yards, Silver City was represented by J. P. Fall with cattle. Goorge W. Wyant was in from Silver City with cattle. C. N. Rutchins, of Meadow Grove, was in with cattle, R. B. GriMth was in from Waterloo looking over the yards. J. A, Gaston was in from De Witt with two loads of cattle, J. B, Meserve, of McCook, was in with two loaas of cattle. " M. P. Williams had two car loads of cattle in from Louisville. Warreu Batler, of Octavia, was on the market with cattle, A. Sotton was in from Chapman with four car loads of cattle. . J. Holt, of Battls Creck, had two loads of cattle on the market. C. O. McCoy, of Silver City, was om the market with cattle. Philip M. Mauns represented Bancroft with two cars of cattle. Silas True, of Avocu, la., was in with cattle of his own feeding. Underwood was represented by Honry Cook, who had hogs on markat. . W. Corliss, ex-couuty commissioner of Douglus county, wis in from Waterloo with 1wo cars of cattie. Charles Bonning, a_ new-fledged shipper, was in from Nehawika with cattle for s father. A. 2, Weston, of Nehawka, was in with a load of cattle of nis owa feeding. C. A. R. Gordon, of Val, wes in with cattle and topped the ml":l::‘:o' Thomas Pri un extensive feeder and shipper, was in from ‘Fhayer with cuttle and hogs. George Messner, of Shetdon, & banker and one of the most extensive feeders in the state, was in with cattle, Edward Lancaster, of Lancaster, was in from Holmesville with two cars of cattle, J. R. Burkholder was in from Woodbine, Ia., With two cars of cattle and two of hogs, P. Bostwick was in from Woodbine, Ia., wikh three cars of cattle. J. M. Gates was in from Gilmore with a bunch of fine corn-fed westorns,getting £3.80, West & Jonking were in from Gothanberg ‘With two cars of cattle. SEERING RESIDENUE LOOATIONS A Lively Boom Springing Up in Oute side Property. These real estate dealers are lorg headed. The substantial business men of Omaha in large numbers are looking for desirable resi- dence locations with the intention of building homes for themselves. It is a fact that Omaha is behind many citios of the same or oven & smaller population in point of fine residences. This is due to the fact that it is only within the past year that streot grades in outside plats have been permanently estab- lished, s0 as t make 1t safe for property owners 1o make valuabie perma- nent improvements, This fact, with the utter lack of anything like adequate trans- portation facilities, has delayed tho growth in the most desirable residence locations. The proposea oxtension of the motor and cable lines has romoved the last rotarding fenturd, and o marked increase in the nu:n- ber of really fine residences is anticipatéd; in fact, is already assured. Tho real estawo dealers are unanimous in the opinion that the north and northwestern portions of the city will first feel the offects of this growth. They confidently expeot to see the ridwe from Furnam strect to IMlorence, along in the vicinity of Fortioth stroet, monopolized by the wealthior citizens, who will build homes for themselves, This ridgo s in the line of the proposed boule- vard which the park commissionors have in mind to run from South Omaha, west of Hanscom park, east of Walnut hill, and pa st the park donated by citizens at the junction of Thirty-sixth street with the Omaha line, and thence _mnortheast to Florence. It is proposed to make this boule- vard 150 feet wide, the property owners along the line having expressed a willingness to donate a large part of the property needed for the opening of the thoroughfare. H. W. Yates, Guy C. Barton, G. Dumont, F. L. Wylie, E. N. Nash, Bishop O'Connor and Dr. Mercer are among thosewho already have handsome howmes built or planned for construction on this handsome and natural eminence. The extension of the motor line to Lowe avenue on Cuming, and the cable linc on Dodge, solves the transpor- jon problem for the resideats of this favored jon. Several transfers of valuable property along the proposed boule- vard aro pending, and the attention of deal- ers will be in the main directed toward this portisn of the city, for a time at least. The real cstate transactions for the past week have been confined to outside prop- orty. Among the important deals were the follows: The Union Stock Yards company sold to Swift & Co. twelve acres in South Omaha for §65,00 W. W. Slabaugh sold lot 4 in block 38, Shull’s addition, on Twenty-ninth between Pacific and Poppleton, for $11,000. W. A. Paxton sold to Louis Mendelssohn 10t 2 in block 2123, on Cuming street near Ninotoenth, for 3] . Byron Reed sold to M. Martin lot 4, block 9, on Eighth street, between Dodge and Douglas, for $10,00. Five lots in Monmouth park were sold by J. H. Coffman to J. W. Taylor for $12,000. The transfers for the week total as fol- lows: Meonday Tuesday Wednesday ']l'hursdny ay . Saturday. Total . The Building Record. There have not been as many permits for building in May as there were last month, but a decided improvement is noticed in the class of buildings that are going up. During the month & majority of the permits have been taken out by men who own the prop- erty to be improved and are building homes tor their own use. While many of the resi- dences will cost from £6,000 0 $10,000, the majority of them average from 32,500 to $5,000 and are such homes as already make Kountze place one of the handsomest residence portions of the city. or the business improvements commenced during the month tho most important are the Druid Hill Furniture factory, $30.000; Bush man biock on Howard near I George Mills, block, Farn: teeuth, $10,000; M. To and Twenty-ninth, £5, 000, and the Commer- cial National bank, Sixteenth and Fuarnam, $00,000. ‘Work has been commenced on the new M. E. church, on Davenport and Eighteeath, to cost, when completed, $75,000. Chief Galligan, of the fire department, is building a £6,000 bome at the corner of Twenty-eighth and Half Howard streets. Mrs, Fannie Coon is building a $4,000 home in Orchard Hill. Four $3,000 residences are going up in Briggs Place. M. . Roys has in process of construction a handsome §,000 home in Kountze place. J..R. McKenzie is investing $3,000 in a brick residence on Walnut Hill. Hon. George Pritchett 18 making a $5,000 addition to hus residence at Twenty-second and Cass. George L. Dunham is adding a $4,000 resi- dence to the already large list of nandsome homes in Kountze place. R. R. Ringwalt will soon have a 85, home near Brownell hall, on South Tenth street. , J. H, Van Closter will erect two $4,000 residences on Thirty-fifth, near Half How- a C. S. Parrotte will invest 5,000 in two residences that will occupy the northwest corner of the batl park. A. L. Nield has a handsome $7,000 home going up on Mason street near Thirty-first street. Jerry Mahoney is building a two-story brick flat on Thirteenth, near Leavenworth, at a cost of 34,000, S, K. Roberts is building a row of brick flats ut Twentieth, near Clark, at a cost of $11,000. Mayor Broatch's new home,near the corner of Dodge and Twenty-sixth streets, will cost $12,000 when completed. B. Stanberry is building a two-story brick Howard, near Twenty-second, 000, Milligan is building a $10,000 tene- 8 Rov. J. ment block on ‘I'wenty-sixth, near St. Mary's avenue, R. A. McEaltoron is building a 84,000 resi- dence on Emmet, near Twenty-first street. Mr. Frod Ames has decided to build a five- story brick block, 96x132 feet, on the south- ‘west corner of Eleventh and Howard. The building will be built for wholesalv purposes and has already all been rented. Builcing Permuts. Superintendent Whitlock yestorday issued the following building permits: W. N. Greenville, one and ono-half story frame addition to dwelling, ‘Twenty-ninth near Jaynes Ll 8600 500 C. F. Manderson, repairs to stores, 603 North SIxteenth...... vy voereisers \ A one swory frame cottage, Spauldiug, near Thirty-Wird ... .. J. Heller, one story frame coitage, Cuming, near Hunter',, a E. K. Stinson, one story frame cottago, Thirty-eighth and Rogers. ‘Three miner permits.. ... Eight PErmits ... ..ooeeiiirs. s #4075 Tho following is the record of building rmits for the week : nce Record. The following is the clearance record for . 8 T54,457.20 003,865 72 The new sashes are very long, very wide, very elegaut and very expensive. Five Iyu'dt is often when wearer is tall, a elocts for a Louis Quinze sash, the ends of which reach quite to the foot of the skirt, THE SPECULATIVE MARKETS. ‘Whoat D8als Are Uncertain On ‘Ghlcngo 'Ohange. th SOUTHERN HARVESTING BEGUN. Dorn anl"rarn A Decline and Oats Fol- Inw('ll"':!o"llnns Lose the Gain of the liay Before— w0 loattie Stoady. \ OHIOAGO PRODUOE MARKRTS, Cnioaco, May 25.—~[Special ‘Télogram to Tur Ber.|—The whoeat market was flat and uninteresting to-day, aud pricos avoraged lower than yesterday, the remote futures suffering most. The opening quotations in- divated some strength at a shight improve- ment over yostorday's close, trades boeing on & basis of 77%c for July and 76%0 for De- cember. Cables were not particularly en- couraging and seaboard advices were ool- ored boarishly as a rule. The crop report in the Tribune was taken as an indication of gonerally favorablo prospects, though the conditions are admittedly less brilliant in the Ohio valley, on both gides of the river, than they were thirty days ago. The situ- ation in the northwest is Dbetter than it has been for any time, however, and that 18 accepted as an offset. ‘Texas reports that the harvest has commenced, and some- where in southern Kansas they are saia to have commenced cutting wheat. This is probably a little premature. Heavy rains fell in Texas yesterday, and it has been rain- ing more than absolutely necessary in Kan- sas. This fact has started alurmists to talk- ing about the possibilitles of ‘‘wet harvest.” Nothing transpired of sufficient importance, however, to put live into the market. Wheat did not stand up as it did yesterday; it could barely sit up. Many of the local bears put out new lines, and many of the buyers of yes- terday ran at the prospects of fractional loss. Hutchinson was “on top” of the market all day. July wheat sold off to 76 and December to ¢, a shrinkage of n Lans cent, The market recovered somewhat from the depression and July advanced to . 7635@ 77c; December displayed less buoyancy. For the better part of*two years July has clung close to 7674c; sometimes it would go up @ 1 jon and sometimes go off a fraction, but o was tho market. The closing scenes were exceedingly tame. The last price were as follows: June, s8lc; July, 76ic; September, 74c; December, 753(c. As com- pared with yesterday they record au average loss of #c to }4c. The tone at the end was that of Woakioss. The trading in corn was fairly active, but the feeling was very depressed all day, and ices suffered a sevore decline in all 'posi- ns, Near-by and remote delivories, aud likewise the cash market, were alike borne down by the weight of the offerings. The prices since the close on Friday show a loss of % in all active deliverics. Outs opened.steady and later declined o to e, with faiv filling in by shorts at the down turn. The receipts wero fully as great as anticipsted and the estimate for next Monday was heavy, which exerted a weak- ening tendency, Again, with the near ap- proach ofunother delivery duy and a general belief that tho late deal is nearly at an end, many smak eperators sold rather freely. May sold down;deyto 23, with June at 5c pre- mium, while September settled to 22s¢c, with July at a slight _discount. No. 2 oats to go to store sojd at 22@3i{c, Provisions falled 1o hold yesterday’s im- provement. Buyers of all classes were slow to take hold, and with the leaders of the market more fuclined to sell than to buy, an easier fecling was developed. From' the start a bearish tone was in control, and prices declined to a lower level without creat- ing any stir or excitement. Inpnrk theday’s closing showed a net decline of 15@I7igc, and in short ribs 5 cents. CHICAGO LIVE STOOR MARKET. 2 Cmicaco, May 25.—[Special Telegram to Tue Bre.|—Cartie.—The market, to-day, though Lightly suppliod. ruled “draggy” and weak, owing to the fact thut buyers filled all their this week’s orders before the finish of yesterday’s trade. The dressed beef men, eastern shippers and operators would only entertain au offer when the holders agrecd to concede a decline of 10¢, or a sufficient re- duction, at least, to take the chances of carrying over until the arrival of-Monday's structions. As a result sellers were forced to look up and hold over several ripe droves of gooa 1300 to 1500 pound beeves. The few native cows and bulls on sale found an out- let at steady prices. Of Texans there were about twenty-eight loads, mostly late yester- day’s arrivals. Sales show a steady market. ‘The stocker and feeder market ruled dull, with about 800 head carried over. Choice to extra beeves brought $3.90@4.20; wedium tee) 350 10 1500 1bs, $3.60@4.00; 1bs, #3.50@3 80; 950 to 1200 lbs, #3.35@ stockers and feeders, $2.75@3.60: cows, bulls und mixed, SLB0@ $2.40@2.90; Texas steers, $1.80@2.35. Hoas—The market, this morning, was opened by speculators’ who paid, generally, #4.60 for good quality droves. ~When the puckers and shippers got to work $4.50@4.55 was the only basis upon which they would operate, though a few loads wers taken by some of them at $4.60; still later, $4.47 4.50 was the market. As a rule, however, cking and shipping grades cost the packers .20 to #4,55. Mixed hogs sold priucipally between $4.50 and $4.60, and_sorted light, suitablo for York, at $4.65@4.70; sikips and light, $4.00@4.50; and rough pacling grades, at the finish, $1.40@1. FINANCIAL. NEw Yonrk, May 25.—[Speciul Telegram toTuz BaE.|—Srocks—The stock markey was irregular at the opening to-day, with the principal changes in losses. The opening was followed by irregular trading, and a nervous feeling provailed, which resulted in no decisive fluctuations during the first half hour. A little later there was a firmer feel- ing and the stocks which have been most active on previous days took the lead in the upward movement and Atchison and Rock Island moved up 8 per ceunt each, followed by Northwestern and St. Paul 5 per cent each. Cotton Oil and Lead trusts advanced about 1 per cent each, There was a yielding from the besviprices before the end of the hour. Duiag the hour to 13 o'clock there was the best strength of the morning: prices advanced fuatbrially throughout the list, with eranger stecks and trust shares as leaders, Burlington attracted attention as the strong- est stock on the list by advancing 1% per cent. Th{ ne} gain for the day in & fow of the most aotiye stocks was 1) per cent in Burlington and Rock Island and 1 per cent in Northwestern and Atchison. The total sales for’the half day were were 218,279 shares. 4 The follgwing were the closing quotations : 28% 4 120% Nortnern Pacific ofgRTTe 1042/ do pref L sl st Paul 163¢| ~ do pre . 8 *|Uaton Pacifio 1155\ W. 8t L & P, Moxgy—Kasy with o loans. PriME MurcaNTine Parss—~3)4@si§ per cent, SterLiNGg Excuaxok—Dull and steady; sixty-day bills, $4.87)¢; demand, $4.50. PRODUCE MARKETS. CuicA00, May 25.—1:15 p. m. close—~Wheat steady: cash, 8i¥ge; June, 8lo: July, 1(%:. Corn—Steady; cash 83J5¢; June, 38 b- 1be; i sash, 22; June, 92@ Barley--Notbing dolag. Prime Timothy--§1.80, Flas 4. Whisky—81,02. Pork—About steady; ecash and June, $11.70; July, $11.50. r ondy; cash, £070) June, $0.721¢ Flour—Steady; wintor whoat, $3.00@3.75; spring wheat, §1.50@5.50; rye, $2.45( Dry Sult Meats—Shouldors, $5.1214(@5.25; short clear, 2@6.25; short ribs, $5.70 @5.%0, Butior—Unchanged; firmer for oreamory, 10g@160: dairy, 9@14o. Cheoso-—Woaker; full croam cheddars, 7 @7igo; fats, 7l4@iie; Young Americas, s@slge. Eggs—Unchanged: firm: fresh, 13@12%ec. Hides—Unchanged; heavy and light graon salted, bifo; salted dull, 4}o; green salted calf, Bo; dry flint, 7g; dry salted, To; dy ealt, 7@So; doadons, 2o Tallow—Unchanged; N doj No. 3, 8i{c; cake, 43gc. Teceipts. Shipments, fancy; each. Flour.... v 8,00 10,000 Wheat, 16,000 Corn. +eiae 2 881,000 Outs. +...218:000 Now York, May 25 -Whoat—Reoeipts and exports not given; spot, quiot, lower No. % red, Sl@sii{v i store, S2{@2jgo; afioat, 821(@s3%e 1. 0. by No. 8 red, 10c; ungraded, red, S1i{@Sdc: options fairly active and lower. Corn—IRReceipts, 28,000, exports, 10,000; svot, dull, weaic and ' lower; No. 3, 414@ 41340 in elevator; 41%; (24230 afloat; No. 2 white, 43¢; ungraded mixed, 404@43ic; options dull, weak and lower, Outs—Receipts, 123,000; exports, 10,0004 spot dull and weak; options fairly active and lower; May, 2i%c; June, 273{o; July, Wii@BYc: spot, No. 2, white, {@dtcy mixed western, 20@ile. ~Ovtions firm, 5 to 10 points up; ay, $16.55@16.00; June, 016.80; spot Rio, quiet; 5. “steady;United closed at 133(@14c. western, v @13.50. 1ew, 10 Sales. Butter—Firm for choico; western, 9@27c. Checso—Quict; light skims, 6@53§ Minncapohis, May 25, wWheat about steady: receipts, ship- ments not given. Closin 1 hard, on track, 93¢; No. 505 July, S V track, h > northern, May, 76c; July, on track, T0@isce. Oincinnati, May 2g.—Wheat—Quiet; ed, 80@S1ige. Corn—Fair deniand; No. 3 mixed, 5@ 851c. Outs—Dull and lower; No, 8 mixed, 255 @2614c. Whisky—Steady at$1.03. Milwankee, May 25.—Wheat—Easy; cash, 780¢¢; Ju Corn--Woaks No. #, 33c. Qats—Dull; No. 2, white, 27@274c. Rye—Dull:' No. 1'43c. Barley—Dull; No. 2, ble. Provisions—Steady and easy; pork, $11.75. 8t. Louis, May 25.—Wheat — Lower; cash, 77ige; July, T2%@rge. Corn—Lower; cash, 3l@3li{c; July, 81ige. 5 ;)‘m.s—\\r'eux; cash’ and May, 254¢; July, 225c. Pork—Quiet at $12.123. Lard—Firm at $6 7 Whisky—Steady av $1.02. '3 unchanged. May 25.—Wheat—Quiet; 2 red, cash, 74c_asked; August, 0234C d; No.'2, soft cash, 760 asked; August, Corn—Stronger; No. 2, cash 273 bid; July, 27i{c asked; No, white, cash, 2S¢ bid, Oats—No. 2 cash, 211g LIVE STOUK. Kansas Olty, May 1,800 5. —Cattle—Racoipts, light weight bee? steady to strong; good to choice 83.85@4.15; common to medium, stockers and feeding steers quiet but steady at $2.25@8.45; cows, steady at_$1.75@3.20. Hops—HReceipts, 7,400; shipments, no zn:;kut. weak; common to choice, . Chicago, May 25.—The Drovers' Journal reports as follows: Cattle—Receipts, 1,500y market slow and weak; beeves, $3.90@4.20; steers, £3.25@4.00; steckers and feeders, $2.75@ 8.60; cows, bulls and mixed, $1.808.30; ‘Texas cattle, $1.80(@3.50. Hogs—Receipts, 11,000; 'market lower; mixed $5.40@4.65; heavy, $4.45@4.60; light, 4. skips, $3.50@4.20. Sheep—Receipts, 1,500; market steady; 4.50: westerns, shorn, ‘Cexaus, shorn, §8.25@3,50; lambs, shipments, 519; Sioux City, May 25.—Cattle—Receipts, 231; shipments, 111; market steaay: fat steers, §3.00@3,80; stocicers, $2,35(@2.85; feed- ers, §2.40@290; canners und bulls, $LOO@ 1.73; veal calves, $2.00@4.00. Hogs—Iteceipts, 1,800; lower; light and mixed, $4.173¢@4.223¢; heavy, $4.20@4.25. National Stock Yards, Kast St Louis, May 25 — Cattle — Recoipts, shipments, market steady; heavy native steers, $3.80@4.40; fair to o $3.10(@4.00; stockers and foeders, $2.15@3.15; rangers, corn-fed, $2.70(@8.00; grass-fed, $2.10 23.00. @huzs—-llewipm, 100; shipments,. 1,300; market strong; choice ' hoavy, $4.50@4.60; packing, $4.50@4.60; light grades, $1.40@4.55. EDUCATIONAL. Andover and Exeter academies will hold an interscholastic athletic tournament this yoar for the first time. It will oceur at Exeter June 12, Prof. F. W, Blackmar, who has been ap- pointed to the chawr of history and sociology at the Keusas City state umyversity, is a graduate of the Johns Hopkins. The Columbia college presidency is still an unsolved problem, but there is a strong prob- abillty that from necessity a temporary, it not permanent, solution will be found ata very early day. Denmark has made money by Spending £50,000 annually to maintain dairy schools, ‘Within twenty years Denmark’s exports of butter have increased from $2,100,000 to $1 000,000 per annum. A friend of the law school of Cornell university bas given a fund yielding a yearly incoma of $100 to awarded annually hereafter for the best thesis written by a member of the graduating class of the law school. General Clinton B. Fisk has consented to deliver the annual address before the liter§ ary societies of Rutgers college at com- mencement. His subject will be “Rewin- isences of the War and the Future of the Negro Race.” Prof. John E. Russell, professor of Bibi- cal theclogy ut the Yale theological semin- ary, has resigned. The fact creates sur- prise, and the senior class at once_adopted resolutions of regret and appointed a com- mittee to convey & copy to the president of the university, the dean of the theological school und to Prof. Russell. The Cheérokee nation recently dedicated their new female seminary at Tahlequah with great rejoicings, for they regard it as the greatest and indeed crowning achieve- ment of their civilization. The bullding is three stories high, contains more than 100 rooms, & chapel and schoo! halls and recita- tion rooms, is steam-heated and supplied with waterworks of its own, and will have cost when finished $200,000, Work on the Leland Standfora jr., ni- versity at Palo Alto, Cal,, has been pushed, fourteen of the buildings being compluted, These include the halls, lecture roomseand the buildings to be devoted to the various departents of the institution, Nearly all of them are but one story high, but “their architectural features are such that they are very attractive and almost imposing.” The dormitory will be un in & few days. This will be & stone building 145x)37 feet and four stories high. It will accommodate 200 stu- dents. — A Petrified Bible, - -+ . ‘While clearing an old swamp iast week, Mr, Martin Flush, living near Pleasant Valley, discovered quite acu- riosity u{yu the Tndianapolis Journal, Severi eet beneath the leaves and muck he unearthed what appeared to be a stone book. Close inspection showed it to be a family bible, bearing the date 1778 plainly lettered. Ii is now solid limestone, Those who have examined the book state that it was originally a real book and is now pet- rified. 1, solid packed, | WEEKLY BUSINESS REVIEW. Money Drops to Its Lowest Notoh of Quietude. FOREIGN MARKETS UNCHANGED. Only Retail Lumbermen and Manu- facturers Asking Loans--Bulls On Top In Wall Stroet. Trade Over the Country. Cnicago, May 26.—[Special Telegram to Tne Ber.| ~The money market is assuming a condition of quietude usual to the near ap- proach of summer; and, as a natural conse- quence, the volume of vaper offering for discount at the banks is gradually lessening. The most marked diminution is at the - stitutions whose business mainly comes from the operators: in grain, provisions and farm products, the shipping demand for which is too close to arrivals to allow of accumula. tions. In fact thore is no paper making by grain and provision dealers exoept in the v of renowals, and there is little of that. The demand from the large jobbers in mer- chandise is also decreasing, as the interior retailers liquidato early spring bills; and about the only clase of business that requires the usual amount of assistance 18 the retail lumber and the manufacturing interests ‘wherein liberal amounts ure being absorbed in the purchase of stock. The calls from the latter, however, are partly, if not entiroly, offset by the canceliation of the obligations of the lumbermen who have borrowed heav- ily during winter, when they were piling up logs, the product of which they are now re- alizing on. The limited character of the de- mand for money, compared with the supply, causes an easy loan market at 4@5 per cent on eall on paper, backed by fancy colluterals, and b1¢@7 per oent for timo paper, bulk of the latter ruling at 6@7 per cent. Money at the eastern seaboard continues abundant, and raves are easy on call av 2@4}g per cent, and time paper at 5@7 per cent. Advices from foreign markets mdicated no particu- ler changes in that quarter, The market for New York exchange was quiet, and rates were steady at 50@70c premium per $1,000. The offerings were not large and the demand, most of the time, not of sufticient magnitude to cause special comment. Foreign exchange w: fered with more freedom, especially du the latter part of the week, and an eusier feeling developed. but rates did not decline. Docuwmentary bills on London sold at $4.86(@ 4.563¢ and closed steady. The bull feeling which prevaded Wall street during the pre- vious week was continued with increased force during the one just closed, and while advances in specialties were not' so marked they were more general. There was also a larger number of stocks traded in, and the volume of business showed a decided increase, the sales averaging over 340,000 shares per day. The outside public who have not been known in the markot for months, come in freely, and some commis- sion houses had more business in one day than they received in a week. during the re- cent dullness. 'T'he increased buying came chiefly from the west. Operators in that section who have been bearish, were cover- ing their shorts, and going long. _Oregon Transcontinental went skyward on Saturday and aavanced 20 points after e books closed. This was due to the covering by shorts, but after they had obtained sufti- cient amounts, prices receded as radidly as they had previously advanced, and about ali the appreciation was lost. Northern Pacifics were next taken up and ad- vanced 4 points, with large trading. After the Villards had been boomed, attention turned to gas trusts, sugar trusts, lead trusts, and the granger properties, "Gas trusts were bought heayily on anticipation that the quo warranto proceedings agaiust them in Chi- cago would be decided in their favor, and prices advanced three points, A heavy realizing by insiders caused a moderate reac- tion, but a belief existed thata 2 per cent dividend will soon be declared. Lead trusts advanced on a report that St. Louis refiners would enter & combine, and sugar trusts were bought because its earnings are large. Granger stocks came to the front with St Paul in the lead. The continued fine crop prospects have induced many heretofore skeptical operators to invest heavily under the impression that _the road’s earnings will soon be heavy. Paul gained 6 points and sold higher tha any time since last September. Chicago, Burlington & Quincy was helped up over 3 points by a deciaration of a 1 per cent dividend. Northwestern, while following the other western stocks in their upward course, was handicapped by a decrease of $117,000 in the gross earnings for Avril. Atchison, Missour: Pacific and Union Pacific were traded in freely and moved up 2 to 3 points. A free realizing on extreme advances caused moderate resc- tions, but the close was steady, with ~good gains over the last sales of the preceding week. The total sales were 2,260,279 shares. The leading produge wmarkets exhibited cousiderable speculutive activity during the week just closed, and the shipping branch of the trade attracted wore than usual atten- tion. The undertone of the markets indi- cated a weak and unscttled ‘feeling, and prices for many of the leading articles de- clined materiaily. The outlook for the grow- ing crops was regarded as auite fayorable for a good yield of all kinds, and this feature hus stimulated the movement of grain to tho central markets, especially of corn and oats, and reports from the intovior indicate a rather freo movement to the smaller sta- tions, Ihe receipts of live stock were mod- erately free, of all kinds, though not quite us liberal ns during the week previous. Tho shipments of grain and provisions castward were quite liberal, the former largely by the lake route, and included considerable corn and oats 'for distribution through the New England states and Canada. A fair proportion of provisions were destined to foreign markcts, ~Advices from abroad were less favorable to sellors, due to the good out- look for growing crops, and rather liberal supplics of all kinds being received from first hands, The stocks of grain in foreign coun- trios ure reported as moderately lurge for the season of tho yoar. Thagstocks in the leading morkets of this country are gradually diminishing, and the prospects are that the new crops will be reached with smaller supphies than usual. Farmers are through with their spring work in most sectious of the west; the weather has heen cooler than heretofore in some sections and some frost has appeared, which has damaged the crops to some extent. Provisions have showed more unsteadiness during the woek, with prices more favorable to buyers. ‘The packing of the west for the week showed & further increase. Seeds have beeu aotive, with prices favoring buyer i IMPIETINS, Sam Small's sermons seem to give the Al- mighty second pluce with Sam Suall. *You are all the world to me,” affection- ately remarked Noah as he survoyed his me- nagerie. An Ohio chemist, who has invented a new fly paper, calls it *'The Faith Cure,” becanse it means sure death, It _is not a religious question which divides the Presbyterian church. It is the pigment under the human skin. ‘The bible says that the Lord made man in his own image; we can therefore beliove the statement that the Lord is jealous. Men are, The work of evangelizing Africa has el couraging features. ILiecont dispatchos speak of 30,000 Abysinnians being killed in battle. Sam Jones said in ® recent sermon at Dan- ville, Va.: *“There i8 @ cliss of people 1o my country who web their bearts full of re- ligion and shout all over the road, and they never raise any chickens until the fowls are half grown. Another Mi’ preacher has been developed in Georgia. He 18 only twelve years old, de- livers stirring sormons aud has converted & large number of persovs. He will shortly cowme north to engage in religious work, but Mr. Harrison, a boy preachor of over fort years' stauding, is said L0 bave no fear of his youthful rival, An Awchison (Kan.) olergyman lLas pro- mulgated the theory that Greek will be the lsaguage of heaven. His notion is based on the strength, precision and Leauty of Lue that it is the best wmong the lan this world for the exprossion of tha‘%‘ alted sentiments of the soul. The Kans that some of as will hing o, divine’s notion sugrests have to spend & good deal qf time bi roises up on our Greek before classio tongue, and 18 defonded on \a.m3 [\ the oxol THE RAILWAY TIME TABLES, OMAHA. M. & ST. PAUL. Depot 10th and Marcy sts. Atlantio Express . . Fast Vestibuled Exproess.. Night K Des Moines Accommod'n! 31k Hills Pas) Norfolk ouger.. WABASH WESTERN. Depot 10th & Marcy sts. MISSOURI | Leave vo Depot 15th & Webster ats.| Omana. | Omsha. W SIOUXCITY & PACIFIC| Leave Arrive Depot 16th & Webster sta.| Omaha. Omaha. §t. Paul Expross . p m| Ed0nm v, R R Loay Arrlvo Webster sts.| Omaha. Loave No. 8 8t. L. Bxp. Dally...| 4 0. & N.AV.R. R, pot 10th & Maroy sts. Ohicago Expresn, Dall; Fast Lnitad, DALY . “I'ho Flyer," Dail; BURLINGTON ROUTE. Depot 10th & Mason sts. O. BT. P. M, & O, Depot 15th & Webster sts| *Sioux City Express *Emerson Ace mmod'n. St, Paul Limited .. v *Klorence Passenger. *Florence k-assenger. +Florence Passenger tklorence Passenger. UNION PACIFIO Depot 10th and M *Overland Flyer. *Paclflc Expre *Denver Expre B! *Kansas City, Lincoin & Beatrice Kxpross..... 4Grand Isiund Express.. O roy sts sPapillion Passenger.. vmmfi'_ xcopt Sunday. SUBURBAN m - m v m m m 0035901 ek !: mf 6:45am W p m| 8:50 pm Arrive Loave Omaha | OmAna 1:00 p mj 1 m 455 R m| 043 b o 5:00 p m| 8:80 a m 8:50 a m| TV p m T:46 am| 0135 a m 6:30 p m| 5:20 g m 10:25 & m| $:30 & m 5ils pm| 1:% p m TRAINS, ‘Westward. Running between Council Bluffs and Al ‘lrlf]ll. In addition to the stations mentioned, trains stop at Twentieth and Twenty-fourth streets, and at the Summit in Omana. Broad-| mahn South | Al- way. acpot. [Sheely./Omaha|bright. AN AM. A M bidd AM. 5:51 Al bright. | Trans-| Rrond~ for. A M. HIEF QUAR’ Omuha, Nob., posals, in triplicate, this ERMASTER'S wil 8lso by euch Poat uud Lepot epartment uutil ¥ o'clock P, M. central OFFICE. 1840, —Sealed pro= oonived here ud Quartermaster in time, May 15t 18, and then opened for farnish 3 reserves the 11ght to reject co given to articlesof foren: conditions of quality and price (ns price of foteign iz corn, oats and bran required toreln durl fiseal year commencing July 1st, 189, The U, 8, 4 any or allbids, Pre- domestic production, uding in the. Production the duty M{f;enum being eqnal. Al information furnished on ap= plication here or to the post or depot Envelopes coutainig proposals to masters marked “Proposals for - —. and addressed as_ indicated above HUGHES, 1ieut. Co GEneral, U.8. A, ( A-it 24 mol and Dy iy‘&"u onel and Deputy Qr. Mry hiof Quartermaster, Klection Notiee. uarter- e B 1, Willlam J, liroateh, mayor of the city of Omaba, do horeby election will be hold in the ard day of June, 85 (said Monday in Juns, 184,10 e of the rst Ward - Pac street, near Tenth street. Socond Ward-— Harim teenth street near Williu Third Ward--Dodga 82 Dodge und Elo neh s ive uotice thal ouril of éducation for the city of Omuha to serve for a term of threo That the respective polling places for sald elaction shall b as follows i fic school bullding, Pacific it S, e city of maha onthe fll{e bolng the first five (5) members AT, . an sehool hutlding, Slx- | building, corner trects, Fourth Ward--High school puilding. Fiith Lake and Bixth Nin Ninth Ward--Fax rwenty-umth and Far * Dated. May 17tn, 140, [BEA Il W, J Attost, J. B, SOUTHARD, Ward--Lake school netoonth streats. View school bullding, 1 and Corby streots, hool ‘bulldiug, corner Wooiworth avenue, Notice to Contracrors, bullding, corner BROATCH, Mayor / A Mae Cl i sdios Bids are solicited for the nruclhcl an gom- letion of & stone and brick ban flei Ildlnla, 78 X 100 fees, 6 stories high, in BIOU CITY, lows, Uids wust includy all wus; cons ;a;n.:&:e.l. ud to complete the building by ¥eb, st 1 Plans and specifications can be n at of- fice of the l"lflmy Loau & Trust Co., Bioy ity, 6 ofice of the architects, a s, & ). w‘m. Paxton Block, Omahu, ., s PATRO HOME % INDUSTRY NIZE 4 BY SMOKING