Omaha Daily Bee Newspaper, June 2, 1889, Page 15

THE CONDITION OF TRADE. Money Reported Basy and the Mar- ket Comfortable. DEPOSITS COMING FROM OUTSIDE Dusiness Only Fair For the Jobbors —~The Cold Weather Unfavorable to Trade—Woolen Will Go Up—Collections Good. The Local Resume. Bankers report a fair demand for money from city traders, and call the market very easy and comfortablo. The large surplus now held by our banks in excess of logal re- quirements is the accnmulation of country depositors chiefly. The city has not mot money than usual on deposit. Clearances for the five business days of the week wero $9,245,452.76, a decreaso of 6-10 per cent from the same woek and same number of pays last year. Balances were $306,320.03, Jobbers report trade only fair, though some lines claim to be doing o better business this year than iast, but upon the whole it can only be said that trade lacks vitality, and while there is a fair movement of staples, tho cool aud unseasonable weather which prevailed hus made a perceptible lessening 1 the gen- eral volume of transactions the past season, at least to this cause, more than any other, i8 the prevalent duilness attributed. “Colle tions aro pretty good, not exactly first rate, but us & good many remivtances on e~ count come in, credit wen are fain to be satisfled. City trade is quiet, with little demand ~for anything but eheup staples, and collectors have to make several calls usually before they are re- quested to receipt bills. Prices are fairly steady. Coffees ure firm at quotations and sugare are somewhut excited wi dispo- sition to advance. Granulated 1s 3-16¢ to e per pound higher than o week ago, and the trade seem to b of the belief that tho trust will muke the price 10¢ per pound be- fore long. Scwer pipe dealers are at lozger- heads and prices have been cut to less than cost of production. Linseed oils ure very firm, and 1n white leads dealers scem to feel cortuin that the trust will not succeed in purchasing the St. Louis factorics so that ‘prices will still be controlled by supply and demand. Lumber is quiet. Thercis a fair demand for builder’s hardware, and prices are firm us a rule. Dry goods are quiet. ‘The trade has taken much interest in the large auction sales of flannels held in New York this week, when 12,000 cases were sold at figures about 5 per cent higher than in 1888. The result was considerca satisfac- tory by the trade, but manufacturces claimed that tho advance in the price of wool was not suiticiently nized, and that while wool is up 20 to 25 per ceat, flannels sold at B1@7'¢ por cent less than agents have been asking, and suy further that unless higher jces can be had, mills must close down, me certain result of this sale is that all grades of flannels and woolens wiil be bighor this year than last. Real estate is somewhat dull, but good property is held steady, and concessions to effect sales are slight and grudgingly grant- ed, if at all. There was o full supply of green grocors’ stuff on the market this week, both from home gardens and tue south, but the demand was equal to the supply, and prices were stendy. s There was a pretty heavy frost feit on the lands Thursday night, but the ground was 80 dry that not much damage was done. Hut- ter continues in ex are nominal—packers aro taking offerings at 7@8c for good fresh fuctory muke, and choice table dairy is not worth over 11 to 12. Cheese is firm and stronyer. Eggs sre in demand at 11@12¢ for strictly fresh, It is hard to account for the firmness that is still displayed by holders of coffce, as demand is characterized by great conserva- tism, causing large accumulations of stocks. Supplies at itio have fallen off, it is true, but speculators are ndifferent and the eutire trade lacks snap. Teas are moving fairly at current prices. A steawer has arrived at San Fraucisco with the first consiacrable parcel of new crop Japan teas, amounting to about ages nall. The goods will be d tween the Chicago and New Yor! 3 Dried fruits show moderate animation. Raspberries sustain the recent jump they took, with a prospect of a still further ad- vance. Stocks are light, There is more life in the fish trade. poeition of salt fish is unchanged in re to prices and receipts. ‘The low prices are moving off lake fish in large quantities, ‘he New York Commercial Builetin states that “there has been quite u fulldealin sugar syrups of late, footmg up at leust ‘barrels and possibly more, all hand about rates for some time ruling. A portion was taken by local jobbers for steck and o portion goes into the hands of exporters,” The sugar trust people are makiog hand- some profits by the bounty they are able to levy on the people of this country by the aid of the protective tariff, Bull talk on sugar trusts is very prou d, it bei claimed that the trust is e: cent, and certificates are selling at i York advices report late sules of over 25,000 bbls of reflned sugar, there beiug an unusu- nlly brisk demand, us another early advance is expected by many people. Haw sugar is on a strong basis through the statisticul po- sition, hut refiners are practically out of the market for important quantities while using their accumulations. Like sugar, the mo- 1asses crop was much shorter thun last year, Rnd the firmness of the market is parallei to that of sugar. Advices from the China tea crop are as yet somewhat meager, From the Hankow district (Congons), however, it is learned that the bulk of the first crop has been bought by the Russians at about 16 per cent sdvauce over last year, OMAHA LIVE SPO0K. The Cattle. Saturday, June 1. The market was not very active, the re- rts from eastern points not being particu- rly encouraging, and yet about all the cattle here changad hands. Prices were not materially altered, the general market being about steady on all grades, The beef steers 1d at prices ranging from $3.45 10 §.15, but rgely av $3.75@4.00. A bunch of littlo Horoford stoors sold at $4.0% and a cloice unch of 1451-1b. steers at $4.15. Butchers' #tock was not very plonty, sud a good deal ©f tho trading was in_small lots, odds and ends. Cows sold at $1.75@3.25, but the bulk went ot §2.25@3.00. ‘There were some very 00d bulls on sale which sold as high as 4. 00, ‘The cattle market is now in about as good condition as it has been this year, but how longit will remain so dependslargely uvon the receipts, The auality of the cattle coming to taoarket is constantly improving, and common eattle of all kinds are neglected. Hogs. ‘The hog market broke away 10@15¢ under the influence of a similar decline at other market points, The fact that it was Satur- dulv, and that the receipts were heavy, belped to bring about the decline, Tho mar- ket was a little slow on account of tho reluc- tance of salesmen Lo make the concession. The hogs were all sold, however, before mid- day. @ prices ranged from §L00 to $4.15, ut bought the great bulk of all the g8 here, Sheep. ‘There were no fresh receipts, but a bunch of holdovers, common shorn Nebraskus, ehauged hands. Reveipts. 4 1,700 6,500 Prevalling Prices. Thefollowing is a table of prices paid in this market for the grades of stook men- tioned: g e steors, 1500 to 1500 lbs. . $3.00 (@4.15 stoers, 1250 to 1450 lbs, .. 8.80 (- stoers, 1050 o 1300 lbs. Falr to cholco heavy hog: Fair to choice mixed ho, Fair to medium uative shoep. Good to choice native sheop. . Fair to choice westorn shoep. . Storn sheep Viive STEERS, HEREFORDS, 1186 4.05 The Month's Report. Showing the number of cattle, hogs and sheep purchiased by the difforent buyers on this murket during the past month: CATTLE. Swift & Co.... G. H. Hammond & 0o Armour-Cudaby 12 company Omaha Packing Co...... Stephen, Hamilton & ‘Co. Shippers and feeders. Local Lov 10,454 AL 08] Total for May Total for April, Total for Marc “Total for February ‘Total for Juuuary OGS, Armour-Cudahy Packing company. Omaha Packing company . George H. Hammond & Co Swift & Co, Squires & C Kingan & Co E. W. Davis . Cloveland Packiog and P Co val Total for Ma; Total for Apr Total for March Total for February Total for January SHEEP, SWift& Co.......... H. Hummond & Co. Packing company ., Owmana Packing Co. J 15 Hunt & Co. “Total for May Total for Apri Total for March Total for Iebru Total for Jauuary. Live Stock Notes. Cattle firm, Hogs 10@1d¢ lower. No iresh sheep receipts. C. W, Crane, Dorchester, brought iu cattle and hogs. H. L. Wessuner, South Bend, was in with a car of cattle. o T, J. Taylor, Shelton, came in with four cars of cattle. Gecrge Boetel, Millard, came in with cat- tie and hogs. H. C. Oldbam, Murray, brought in two loads of cattle from Union. R. K. Potter, Elm Creek, was in with five cars of cattio and a car of hogs. W. H. Payton marketod 8 bunch of half- blood Hereford steers at $4.05. They weighed ouly 1,186 pounds. An American Celebrity, Merchant Traveler: ‘“Who is that disbin;uishcd looking gentleman over there?” “That is General Airbleua, the great military man.” **Ah, the great military man. I have heard of him. What battle was he in?” “What battle? I don’t know, I'm surc. He's a magazine writer, you know.” Excellent Proofs of the City's Pro- gress—Permits and Transfers. A number of citizens who are fortunate possessors of large landed interests in Omahia aro taking more interest than s generally supposed in the efforts that are being put forth to provide a suitable park system for Omaha. The plan referred to in Tne Beg, when the park commissivners were first chosen, of securing a chain of parks extend- ing from South Omaha to Ilorence, and connected by a boulevard at least 150 feot wide, is meeting with especial favor, and an effort 18 being made to induco vroperty own- ors along the proposed line to contribute grounds for park purposes. It is thought that a number of land owners will make do- nations of grounds for parks to bo named after the donors, and but little dificulty is expected in securing a numbor of parks em- bracing from one to five acres of land that will be fitting additions to the several large parks which the commissioners propose to establish The Florenco & Omaha Land company is the first institution to start the ball rollin n the matter of donations of ground for par purposes. This company, under certain cou- aitions, vroposes to donate forty acres, a beautiful tract, lying just north of Forest Lawn cemetery, Dr. Mercer is mentioned as bein ble to a syndicate park in the nut Hill. North of Cuming jacent to the proposed bouled orge P, Bemis has large real while south of Cuming and west of Thirty-sixth street Bishon O'Connor and Byron Reed have large property posses- s Ailof thess gentlemen are public- spirited citizens, who now have u chance to verpotuate their names and to beautify the city by lending a hand to the work of park provement. A meeting of citizens will bo called at an early date to devise schemes for aiding the park commissioners i the further- ance of their plans, Real estate during the pust week has had an upward teddency, all trausfers being maco at an advance over lust week’s prices. Among the representative sales made during the week were these: L. V. Morse sold to T, C. Bruner six lots in Omaha View, two in Clarendon, one in Patrick’s second addition and lot 2, block 5, Douglas’ addition, the consideration being $13,200, M. L. Jaynes sold to M. L. Launpheor, lot 5 in block 6, Sulphur Springs, for §7,200. J. G Winstanley sold to W. R. Homan two lots in block 14, Walnut Hill, for $10,000, E. Hengen sold te C. Neber, lot 7, block 3, Capital Hill, for £12,000. The week's transfers total as follows: Mond § 71.860.50 Tues; 69,00 vard, Mr estat Wednesday Thursday Friday. Saturday. 7.561.00 The Baliding Record. The statistics of the superintendent of buildings’ department show a flattering in- crease in the amount of building over last and furnish an excellent proot of the y'S progress in this substantial respe ct. Notonly is the number of permits issued this yoar in excess of last your's showing, but tiie character of the buildings erected aro far superior, In the fivst five months of 1858 the as follows: Janu March, 3 car show a ' total of iths sharing in this 1; Februsary 1,990 April, $445,807: five months named, 349 permits were 1ssted, same 1,405 $ 18,590 7,600 y 15,450 Thursday # 1dayi.... L 14,500 turday . 6,700 The permits issued by Superintendent Whitlock, yesterday, are as follows: Nels Jorgensen, one story frame cot- Total .. o, near Thirty-sixth. .. on, addition to dwelling, “Twenty-ninth and Franklin 1 J. R. Kraische, frame addition to store, Twenty-ninth and McGrath. ., H.J. Pruyn, threoone sud one-half story frame dwellings, Mandesson and Twenty-first. ... . .. . Hans Beckentield, one ‘and ' ono-haif story frame dwellng, Thompson, near Thirticth e Eight vermits.. Tk Bee has airoady the important buildings in c of erection upto last Saturday. Among the permits issued during the past woek the following were prominent: Mrs, Sarah Hoye is building brick tenement houses on South Eighteenth stree car Spring, to cost $7,000. The houses ave built on the German plan, and are models of neatness, County Commissioner O'Keefe is building a handsome $4,000 home on South Fourteenth street. George N. Hicks is building threo resi- dences'on Pobploton avenue, near Thirty- third street, each to cost 81,000, Alfred Millard is building an $3,000 resi- dence at 2509 Farnam. 1. B. Kenunard is builaing a block of one- story brick stores at the corner of Four- teenth and Harney. The walls are built of sufficient size to support two or three addi- tionul stories, which will be added when needed. two model — - MONSTER SHARKS, The Big Tales Told by Two Yankee Captains., Some heavy shark stories were told by two captains who arrived in port to- dayy says a Boston dispatch to the Chi- cago Herald. The sharks are declared to be of unusual and seem to be nearer land. Captain Thurston, of the fishing schooner Sisters, reports that on Saturday a week ago he was fishing about twenty miles off Yar- mouth, N. S., when a huge shark was houvked by the nose with a cod hook. They 7ot the monster to the surface alongside the vessel and tried to geva stout new rope over his head, but he bit the rope right through again and again, as though it were cut with a sharp ax. ‘Then they drove a harpoon into the back of his neck and held him while they got into a boat and attacked him with axes, killing him atter a desperave struggle. The shark proved to be too largeto take on board, so they cut out his liver, which filled two and a half barrels, and took aboard the head and tail, letting the body go. This is one of the largest of the species ever seen in these waters being twenty-five feet long and estimated to weigh™ over two tons, His head was as large as a hogs- head and weighed between 600 and 700 pounds. A good-sized boy could crawl inside its moutn. The schooner Minnie C., Captain John Saunders, captured a large shark ten miles off Yarmouth light house a few days later. The shark took the bait and was hauled to the surface and harpooned. After half an hour’s hard struggle he was finally se- cured. He mensured twenty-five feet in length and weighed about two tons. e Grubs on the Backs of Oattle. As the spring advances small lumps or tumors will be found on the backs of the cattle, and in such a large white grub will be found. These grubs are often called wolves and other local names, but they are really the larva of a large bot or gad-fly which lays eggs in the skin, which it punctures or stings with its ovipositor, says the Fort Worth (Tex.) Gazette. These flies tor- ment the cattle in July or August; be- sides, the hides are seriously damaged. A day may be well spent in” destroying the grubs, which are now nearly ready to emerge from the holes in the skin through which they breathe. By care- fully squeezing the tumor they may be forced out and killed; or a fow drops of oil squeezed iv from a sauirt can will kill them. If this could be generally done the pests would soon be got rid of, THE SPECULATIVE MARKETS. o al WheatMade & Bad Break In Ohi- oago Yosterday. THE LONGS DROP THEIR BURDEN. Cutting Of Ticker Reports Favors the Bears—Oorn Tends Downward ~Frovisions and COattle Follow Suit. CHIOAGO PRODUCE MARKETS. COntoaco; June 1.—[Special 'lelegram to Tur Ber|—There was an outpouring of long wheat to-day, and a break in prices of about 1 cent. The market was heavy from boginning to end. The session did not com- mence until 10:30 o'clock, and the decline in prices was precipitous. Fractions dropped off rapidly. The first sales of July were T614c, and it was not long until the price was 5ige. June, av the same time, ran down from 76%c to "!{c, and December from T6l5¢ to 75c. Rallies took the market back I{(w¥c all around, but the tone throughout the day was soft and heavy, June, though, worked up nearly 1o, and stayed there. Clearing wenther was assigned as the princi- pal reason for the discouragement of the vulls, The cutting off of quotations from the outside world also had something to do with the free selling, miscellaneous oper- ators getting out of the deals because they could not learn as promptly as usual tho course of the market. This is only to have been expected, but the annogance from that source should be only temporary. The effect to-day was to assist in general de- pression, as the country, gonerally. is long, and it was long wheat that was sold. The outside news was not of a startling char- acter, but it looked as thouzh that which was most influential favored the bear side. A dispatch from Minneapolis to Dun- ham gave the May reduction in country elevator stocks at 95,000 bushels, making the present total less than 300,000 bushels, New York clearances foot up to 153,000 bushels and no now busincss is re- vorted. Freight room was engaged here for 105,000 bushels, and there is more or less milling and shipping inquiry for wheat. The deliveries on June contracts were insig- nificant. The estimates on the decrease in the visible suppty range from 630,000 to 800,000 bushels. ‘vhat most worthless of all alleged grain authorities, Bradstrcet's, sprung an estimate on the trade, purporting to be an approximation of the *‘nvisible re- serve” on July 1, which was bearish in its tenor. This was one of the items made to do service in the absence of more important nows. The few private cables that wero received fnoted a rather stronger feeling abroad on continental crop prospeots, but there is very little life to the foreign news these days, The local market was quite active most of the session. 'The individual trade was not couspicuousiy sensational. ‘The gencral crowd had wypeat for sale, and the general crowd clearly leans to the bear size now. The bestc buying was to fill shorts, a circum- stance that did not contribute to the strength of the undertone. After July rallied to 754gc it did not wander from that fraction. Once the price got back to T5X{c, but it _only stuck there a moment. It flew up to 7514¢, and althduel the market looked and acted weak, it did not actually yield. The closing quotations were as follows: June 76%c, July 5 (wiBbge, September Tie, December 75§ 5 This is an average shrinkage in ues of abgut 1 mpared with yester- d . is pract the lowest® range ched since lust September, more than ight months ago. The market was broken by very heavy receipts and the failure of frost pretlictions to materialize. Trade was fairly active, with short sellers p\l'.linfi out moderate lings, sud the discouraged longs selling out;1but there was no appearance of much new business from outside sources. The weather was not entirely satisfac- tor; but it was showing some signs of improvement _especially in the mat- ter of temperature. The board of trade was without regular cable dispatches, but private advices reported a better feeling' as prevail- ing in Liverpool. There were numerous dispatches and let- ters received from various parts of this state and lowa, complaining of scrious damage to growing cern from frost and wet, but specu~ lators appeared to ignore any items of news unfavorable to the bear side of the market. The net results of the day’s operations was a decline of Yjc in all active futures. Ouats were only moderately active, and barely steadv. The weakening influences were the big receipts, aggregating 410 cars and 21,500 bushels by canal, and tho improve- ment in the westher. Deliveries were small. Tnere was considerable changing of June into July at J5 to }c difference and into September at nearly lc. the last named was nearly steady at 228{@227%c, with July casing off 0 21{c, followed by a mild recovery, while June was a shade easier. No. 2, to g0’ in store, was 1 10 4c lower, at 3i¥c. and sales of No. 8, 1 o in store, wero liberal av 2515 In the provision trade a quict feeling held control. Deliverics on June contracts were lighter, if anything, than was oxpected. Between 8,000 and 5,000 tiorcos of lard came out; but of tho short ribs passed around, there was scarcely one-twonticth of the stock in first hanas, While little or no pork made its appearance, June delivorios certainly failed to clear away the myaterious surroundings of the market, aud, in’ lieu of anything more plausible, traders excusod their reluctance to-day to trade to the uncor- tainty of Monday's stock showing. In all branches of tho deal a slow stato of affairs existed, and there was no developmont to 'change or to throw any light upon the genoral situation. Prices, however, were pretty well supported, though lard declined 5cand short ribs 2} CHICAGD LIVE SIO0OK MARKET Cuicago, June 1.—[Special Teiegram to Tag Ber]—Carrie.—The run for the day was much larger than was anticipated, hence there was a slow trade ana a shade lower prices on even the best stecrs, with the chances that some sorts would be held over, dressed beef people buying only a few and shippers scarcely anything, on account of the washouts on some eastern roads, The esti- mated run of Texans was 70 cars, or about 1,000, quite a large Bumber of which arrived rather too late for market. Anything good sold steady, buy canners sold lower. Butcher stock about steady for the best; canners oing lower and lower, from day to day. Nothing aoing in stockers and feeders. Stee bs, $3.90@450; 1, 4.25; 950, w; 1,300 1bs, $3.50( ‘feeders, dull at o and mixed, weak at §1.75@2.55; , $2.40 @2.50; ‘Puxis cattle, weak at $1,30@8.40. Hoas—The' tuarket opened at a sharp down- turn of 1o, finally settling down to a decline of 15¢ to 20c,with some on to fair packers solling us low as $4.25@1.27)¢, the best not over $1.30@§35; a few heavy Sold early av #1.45, but THé ‘bulk of the best heavy sold at #1.40. Light stores sold at a decline of 10¢, largely at #4.50, About all the hogs in first hands wéré ‘soid, but speculators carried over quite'a ‘number, The run \vas larger than on ‘pn’ Saturday in May, indicating a heavy supply for the coming week. s ——— & r FINANCIAL. New Youx, ‘June 1.—[Specisl Telegram to Tes Bee.|—Srocks—Business in stocks this morniog was light and uusatisfactory. ‘Ihe orders of the governorsof the exchaoge, shutting off tickers, went into effect and somewhat aemoralized business. The mar- ket opened steady with a tendency to weak- ness but at the end of the half hour busineds was almost, at @ stand-still. Members made but listle effort to send out quotations and the consolidated exchange posted what pur- ported to be stock exchange quotations for @ basis to trade on. During the Arst thirty minutes Burlington sold off at 1023, ¢ per cent lower; Missouri Pacific at 743, i ver cent lower. Northwestern from 1133, went off L 1113; Atchison from 46 off 0 4bg; Reading from 471¢ oft to 46%; Rock Island Wwas & por cent lower at 90, St. Paul was nctive at the opening % per cent unaer at 834, touching 73, and up to 74, and oft too 81¢; Northern Pacific, proferred, was firm at 67, and Union Pacific at 634, At the end of the hour everything was decidedly mixed with no significant action. The following were tho closing quotation: U.8.48 rogular, 129 (Northern Pacific.. 20% U. 8, 48 coupons. 2 | dopreferred.. ..., 00 7R dlgarealne. 1061 0 & Ne Wore ool UL 8 413 coupons.. 10713 | _do prererred. PAcitlc 68 of 95,119 * N, V.Contral..... Central Pacific W PD &R ... Chicago & Alton . 1% | Rock Island Chieago, Burlington C., M, & St.P. &Quincy. .. 10244 ‘o preferred ! . T & W 14374 St.Paul & Omaha Tiinols Central. ./ 114 ' | do proferred L, 3.& W i .o B |Unfon Pactfic ansas & Texas. ... 107% W, St L, & P, . Lako Shore ... 10545 do preforred Michigan Ceutral | 9) ' |Western Unlon. Missourt Pacific.... 71'4| MoxEy—Easy with no loans. PriMe MERCANTILE PaArer—! cont. STERLING Bxcmavar—Dull but steaay; sixty-day bills, $1.871¢; demand, $4.50. PRODUCE MARKETS, Crtoaao, June 1 steady; cash, § Corn~Lowel August, ) Outs—About ly, 827-16c; Sep- tember, Barley—} doing. Prime Timothy--§1.25. Flax—8$1.54, Whisky—#1.02. Pork—Stoady ; $11.02%¢. Lard—Irregular; $0.8714. Flour—Quict and wheat, $2. Ty July, $11.85; July, $6.7214; August, August, unchanged; winter 3 spring wheat, $1.30@5.50; e, $2. Dry Salt Meats—Shoulders, $5.12!;(@ short clear, $6.00@6.121¢; short ribs, #5.65 @5.70. Buttor—Unchanged; dairy, 9@14dc. Cheeso—Unchanged; full cream cheddars, T@ide; flats, 7Tl5@7i5c; Young Americas, S@skge. Eirgs—Unchaneed; fresh, 11@12¢. Hides changed; heavy and light graen . ted dul greon salted calf, 6c; flint, dry salted, 7c; dry calf, 7@sc; deacons, 25¢ eichs Tallow—Unchanged; No. 1, solid packed, 4c; No. 2, 815c; cake, 415c. Receipts. Shipments. 11,000 14,000 creamery, 11@i6c; New York, June 1.—Wheat—Receipts 78,5005 exports, 153,000; spot market dull, weak and l@iic lower; No. 2 red, 8uc 1n store; 8197@ Uhyc afloat} Slig@siige't. o. b.; No. 8 red, 74%c bid; ungraded rod c; options, unusually active for § natwithstanding the absence of Chicazo quo- tations, which failed to disturb dealers m: terilly; prices {@%;c lower, closing wead; No. 2 red, June closing 80gc; August closing 813 @82 Corn—Receipts, 109,700; spot market dull but steady elevator; 41@41}4c afloat; No. No. 3, nominal; ungraded mixed, 30};@ 434c; steamer ixed, 421c; options, dull but firm; June, 407Cc; ‘August closing at 42c. Oats—Receipts, option av 273¢c; spot, No. 2,white,3ic; mixed ern, 26@30c. Coffee—Ontions duli, unchanged to 5 points down; sales, 11,000 & June, $16.50; July. $16.65; September, $16.90; October, $17.0: spot ko, quiet but firm’ fair cargoes, 31§ Petroleum — Steady but quiet; United closed at Njifc. izgs—Weak but quiet; western, 133@ 13.50. western steam, Pork—Quiet: mess, $13.2 Lard—luactive and lowe $7.0214@T. Butter—Quiet, dairy, 9@lje: creamery, 14@12. rong; western, T@Sc. as City, June 1.—Wheat—Quict; .2 red, cash, 7ic asked; August, 60c asked; No. cash, 76c, Corn—Weaker; No. 3, cash, 26!¢c asked; No. 2 white, cash, 27¢ bid. Oats—No. 2 cash, 193gc bid, 203{c asked. St. Louis, June 1.—Wheat—Lower; cash, wige; July, 71 @713c. 3 July, 81%c. Corn—Dull; cash, 28}de; July, 2Sc asked. choice steady; western 13@17}§; western al Whisky—$1.02. EMilwauke ;, June 1. — Wheat — Easy; cash, 7 Ju No. 3, 33c. Oats—Dull; No. 2, white, 265c. Rye—Quiet; No, 1, 4115 Barley—Quict Cincinnati, Juce 1. 2 red, 80¢ Corn—Firm; No. Oats—Stead, Whisky—$1.02, Stinneapolis, June 1.—Wheat—Unsettlod and lower; receipts, 185 cars; shipments 51 cars, Closing: No. 1hard, May, 90c; July, te: No. 1 northern, May, 8l¢; on track, 81(@s2c; No. 2 northern, May. Liverpool, June 1. — Wheat — Quiet; holders offer muderately’; red western spring, 7s 25d@78 8}4d per cental; do winter, 78 54 @bs igd. «Corn—Quiet and unchanged. 2 mixed, 35c. No. 2 mixed, 25c. LIVE STOUK. Ohicago, Juns 1.—I'he Dravers' Journal reports as follows: ) ceipts, 2,800; market modor- ately active and unchanged; steers, $3.50@ 430 stockers and feeders, dull, $2.30@3.60; cows, bulls and mixcd, §L.76@3.25; Texuns, 31.70@3.40. Hoxs—Receipts, 23,000; market _active and 10 10 15 cents’ lower; ' mixed,$4.25(ws,43; heavy, $4.20@4.40; light, $4.30@1.60; skips, 23.00(@+. 10, Sieop—Liteccipts, 1,500; market, and unchanged; Datives, $3 ans, $3.35@J.90; lwmbs, $.25@4.10. Kansas Oity, June 1—Cattle — Re- ceipts, 2,200; shipments, 1,000: a shade lower; good 10 choico corn-fed, $5.80@4.00; common to medium, $3.25@3.70; stockers and feeding stecrs, $3.25(@4.00. Hoxs—Itecoipts, 12,500; shipments, 1,000% woulk und lower; £00d to choico hight, $4.20@ 4.25] heavy and mixed, $3.00@4.15. Nationil Stock Yards, Kast St. Louis, June 1. — Cattle — Iteceipts, 1,000; shipments, none; strong; fair to choice heavy native steers, §3.10@4 40: stockers and foeders, §2.20@3.15; rangers, corn-fed, $2.50 @3.60. Hogs—Receipts, 3,000; shipments, lower; choice heavy and butchers' sel §4.30@4.40; packing, $.15@4.30; light grades, $4.30@4.45, steady 254755 Tex- none; Public Parks of Chicago. CHICAGO, May 29.—|Special Corres- pondence of TnE BeEg.]—The board of South park commissioners was created by an act of the legislature in 1869, for the purpose of establishing a systom of parks and boulevards in the towns of South Chicago, Hyde Park and Lake, These towns have been annexed to Chi- cago, and the parks and boulevards are part of the system of pleasure resorts, and driveways of the city, though the board remains in undisturbed control, The board consists of five members, appointed by the governor. The origi- nal act gave the hoard authority to se- lect and condemn land for parks and to establish ‘“park districts.” After the selection of the ground and the designation of the district the ques- tion of issuing bonds for payment of the land, and to improve and maintain the rk was submitted to the voters. ‘axes are levied on the districts for maintaining the respective parks, and the bonds authorized were received in payment of taxes. n the twenty years of its existence the board acquired and now controls the following parks and boulevards: Jackson park, 586 acres, South Fifty- sixth street. Washington park, 871 acres, on South Park avenue. Gage park, twenty acres, on Western avenue. Bayard avenue, Drexel boulevard, 200 feet wido; Fifty-soventh street, Gar- field boulevard, 200 feet wide; Grand boulovard, 198 feot wide; Lafayotte ave- nue, Midway Plaisance, Michigan ave- nue boulevard, from Jackson street to Garfield boulevard; Oakwood boulevard, Palmer avenue, Thirty-fifth and Wes ern avenue boulevards and Drexel en- trance, The total avea of the territory em- braced within the limits of the South parks and boulevards is 1,868.85 acres. There are 1,057 acres of parks, 455 acres which are improved, and_contain miles of driveways. The total length of boulevard is 16 miles, The annual report of the board for 1888 shows that the land cost $3,6u8,- 454,20; improvements and muintonance, $4,6: 2.20. Other items swell the total cost of vhe system to $10,421,936.77. To meet these oxpenses thore wa 'k tax collocted, amounting to $5, ssmonteollected, $4 oipts from sund In the lu out adebt of $1,078,000, wiped i debt of There vet remains a bonded 366,000, and no floating debt. Quite a revenue is devived from the use of the boats on the lake, from the sale of hay, rental of wagons, and other sources amounting to $19.4 x policomen are 1 and forty-one in summer, and an average of 314 work- men employed. The rules and regulations governing the business of the board are similar to those of the city council. Regular mectings are held and business transacted in open sossion. The ofticers are president, secretary and treasurcr, and suporintendent attorney, engineer and gardener, elected annually. The board is vested with full control of the parks and boule vards within its district, employs its own police, and regulates the laying of all pipes for water, gas and sanitary purposes in the streols wndor its juris- diction. Its powers are absolute. Even railroad corporations can not trench upon the premises without a contract with the board. The south park s embraces about one-half the tee in the city reserved for the pleasure of the people. It is located in the southern and south- wostern part of the city. In the north, the principal one is Lincoln park and connecting boulevards, the details and management of which is reserved for another letter -~ SECOND-STORY BAR-ROOMS. One of the Peculiar Results of Pro- hibition in Kausas. To outward appearances prohibition is better enforced in Kansas than any other state that has tried it, says a cor- respondent of the Philadelphia Record. Here in_ Atchison the saloons do not stand wide open in contemptuous disre- gard of the law. as they do in Jo Maine and Rhode Island. That there are plenty of them is shown by the num- ber of beer wagons rolling througn the stroets from place to place, but the causual stranger in town is puzzled to know where they are. The mystery i solved. Thoy are nearly all up stairs in the sccond and third stories, sometimes even the fourth of buildings. They are popu- larly known as *joints,” but under any name they are the They have bars and bar-keepers, and the people of Atchison find in them drinks to their waste. It is difficult to say just how many of these *joints” there aré. There may e 100 of them, perhaps taore. They aro especially thick along Commercial street, the main business thoroughfare, but they are to be found in every part of the city. As a rule it is necessary to have a key in order to have the entreo to one of these places as the doors are kept locked. “The principal effect of prohibition here,” said a gentleman thoroughly conversant with affairs in Atchison, *‘has been to drive the saloons from tho tirst to the second floor. Yes; there is one other effect. Peovle drink more than they used to. When o an has taken the trouble t vinto a ‘joint’ he is not satisfied with a single drink as he would be in a saloon, but sits down and has several drinks. The consequence is that more liquor is drank than ever | before.” These are the words of an avowed scoffer at prohibition, He pronounces the law a fHat failure in Kansas —in Atchison at least. Perhaps he is prej- udiced, but still he has very good pro- hibition authority to back him up in his statements. This authority is no less than that of the Woman’s Chris- tinn Temperance Union of Atchison. Just previous to the municipal election in April the members of the Union in- terested in reforming the city govern- ment hired a column in the Daily Pa- triot, and proceeded to demonstrate to every one that prohibition was a failure, though that was not thewr leading pur- pose. Thoy addressed an open lottor to the republican city marshal upbraiding him for his dereliction of duty. “With the numerous ‘joints’ and whisky dens in this city running in open violation of the law, what say you?” they asked. “‘Guilty or not Zuilty? What say the members of your force that frequent whisky and beer dens? Guilty or not guilty?” As might have been expected, the marshal and his men smd nothing. A few days later the temperance union women poured in more hot shot, with this statement of how prohibition work in Atchison: *It had long been an open secret,ovon to the unitiated, that Aschison (like many other Kansas towns) wis honey- combed with places where intoxicating liquors were sold by the drink, and that AN B P T indulged in ardent spirits had their resorts, The rush of beer delivery wagons through the alleys and streets proves it. The old bums know 1t; the hoodlums know it; the editors—knowing men—ocould, and undoubtedly most of them do know it. It is the duly of the police to know it. The plea of ignorance will not avail, The Atchison man who does not believe it is very ignorant or he is a hypocrite These articles did not please the city marshal, and he gave notice that he would hold the paper responsible. Thereupon this pliin answer was made, which is interesting as showing Jhat even in prohibitory Kansas all ofticials are not saints, and that here, us in less regencrato states, they wink at violu- tion of the law: “Marshal Price knows, and has known every day since he wus ap- pointed, of the existence of ‘joints’ Atehison, Heis af He is personally cogu of the prohibitory law, He isa mem- ber of more or less joints, and carries their keys as tokens of nis affiliation. He could personally testify to more violations of the liquor enactments than any other man 1n Atchison.” The significance of this: controversy is that it shows that prohibition does not prohibit in one of the oldest cities of Kansas, and that public opinion - is not sufficiently strong to compel the wunicipal authorities to enforce the law. The city marshal is not the only officer of Atchison to violate the law. The Women’s Christian Temperance Union might Rave named officials of much greater importance who do just as he does. S0 far as the promotion of emperance goes, prohibition is a dis- inct fallure in America, WEEKLY BUSINESS REVIEW, Bankers Complain of an Exoess o Money to Lend. NEW YORK STOCK SPECULATION, English Oapitalists Absorbing Amerle can Securities—Good Crops Have Their Influacnce — Tame Closing Markets. Trade Over the Country. Cntoaco, June 1.—[Special Telegram to Tuk Bre. |—Although the daily bank cloar ings show an increase in the aggrogate volume of transactions over those for the corresponding time in 1880, and also m pre: coding years, bankers, as arule eomplain that the demand for favors from desirable customers is small, compared to the supply of funds available for discounting paper, Calls to meet the regular monthly settle- monts, on the board of trade and in other business circles, were not up to the custom- ary average, and those who presented desie able signatures or convertable collaterals were supplied with funds at low: . xates, The increase in the stock ‘and bond speculation has created. @ demand for call loans from -parties who are carrying large linos, and they pay 4 per cent; call loans for other purposes were made at 4@14'g per cent, and ocoasionully & per cent. Good business names generally commanded 6@7 per cent, ana only fair names 8 per cent. There was a moderate call for currency from the woest; whero live stock ana corn is moving to market freely. Deposits, as a rule, are increasing. The loan market at eastern tinancial centers continues in the same condition noted for several weeks past. Mouey is abundant at 2@3 per cent on call for stock and bond collaterals, and 4@7 per cent for time loans on business signatures. The heavy exports of gold dur- ing the past ten days, have not, so far, caused any unsasiness among tho financeers, and are not likely to do 8o unless the drain continucs for some time, the aggrogate for this year being only a lit- tle over §13,500,000. Further exports seem unlikely, as the demand for American stocks isincreasing in Burope and should present & strong tone. If our home markets continue as they are we shall be exporting stocks in lieu of gold. - New York exchange was in good request, and, owing to the small offer- ings, a firm feeling prevailed, und sales were close to the shipping basis al 60@70c pre- mium per $1,000. lorcign exchauge was The supply of bills was slightly but a sufiicient demand existed to and sales -of sixty i Is on London we made at SLS6@L80Y. The stock market during past weels, broadened perceptibly and the commission houses were more freeiy supplied with orders than at any previous time in_many months- Speculation uppears to have taken hold with such surprising freedom that despito the strongest possible efforts on the part of the bears they were unable to make any decided effect on values and the course during the greater part of the week was upwara, The west was again a leadine fuctor in the mar- ket and their advices and operations at- tracted more attention than those of any London bought heavily and the g craze was evidently on in full force. Gvery stock on the list was advanced slightly, and on somo the gains were docid- marked. ““Granger properties,” espec- St. Paul aud the ““Prusts,” Chicago Lead, and Cotton oil where the most conspicuous. Chicago Gas was helped by the adjournment of the Illinois legisla- ture, without taking hostile action. Others were bought more on sentiment than any- thing else. London bought Villards and Northern Pacific preferred, which helped that property. St. Paul received considera- ble assistance from the favorable April re- port. Specialties also came in for more at- tention and prices moved up avith _but little exertion on the part of buyers. There was & heavy realizing on ali the bulges, but during the first half of the week the offerings were absorbed with surprising rapidity. The last two days, however, witnessed a ' change, The contmued 'heavy realizing of profits began to have its effect and recessions followed and the impression prevailed in some auarters that the “bull" feeling had received a set-back for the pres- ent. Reports from the wost of damage to crops from frosts and the prospects of a rate war, owing to the reduction of about 25 per cent _in rates from C 0 to St. Paul, by the Chicago, Burlingon & Northern, which s not a member of the Iuter-state Commerce ociation, and can reduce rates without giving the ten days' uotice necessary under the rales of that association, had a tendency to assist tho downward movement. Bonds were fairly active, but generally firm. The aggregate sales for the five days ending Friday were 1,604,000 shares. Cousiderable interest was manifested in the leading produce markets duriog the past weels, sull trade was somowhat restricted ‘T'he leading operators wero not inclined to do much business, their attention being di- rected somewhat to trading in stocks, bonds cte., and trade in a goneral way was confined to speculators in small quantities, or - *‘room trading” interest. Tho undertons t6the grain markets indicatod an easior feelmg, influence, to some extent, by liberal supplies at the central western murkets, and ‘the favorable outlook for the growing crops. The weather has bcon somewhat unseasona- vle, but no particular damage Mas been' re- ported, excepting to corn, fruits and vege- tables. Winter sown grain is reported in good condition generally, and the outlook is fuvorable fora good yield, both in quantivy and quality. ~ Prices have - ruled lower for all leading cereals and the markets closed °rather tame. Shipments of grain faom ull westorn points huve been considerable, though largely of corn and oats, which have been moved freely inall directions. ‘The visible supply of grain shows a further roduction in nearly all de- scriptions, excepting of corn, and the move- ment to interior stations is well maintained. Acrivals of live stock were quite liberal, especi; of cattle and hogs. Advices trom abroad indicato & good out- look for the growing crops and the grain markets are inclinea in favor of buyers. Stocks in foreign murkets are re- ported moderately large and ample to meet all requirements.” ‘The merchants, as a rule, are meroly uying o moet current Wants The export movement of flour and grain was ) oxcepting of corn; and the export ons was quite liberal, of all kinds, Prices of provisions were somewhat irregu- lar HIIJ closed lower than weelk ago. ‘The pucking of west for the week showed a increase and quality of hogs is considerably better than at this ime last years, Soeders have been quiet, with prices favoring buyers. ‘The sugar market was very quict to-day and littie doing, with raw and refined both quiet, 1u dry goods Lo-auy a fuir business was dono in flannels, which appeurs eusy to seil. 9'he tone is strong all along tho lines. Agents huve made the following advanced prices of bleached shirting: Cobol, 7¢, 637c; do 4-4, 73ge; New York mill, 44, 10/ge; Pitchville, 44, e, documentary s —_—— Aloha! W. W. Cook tn Chicago Herald, Isles of a summer ses, Bright are thy swiies to me; Fair bound thy waters free, Peerless and mountain born, Gems on thy bosow shine, Pearls deck thy flashing bring Could there be & moeter shring Kor jJoys of heaven suorn} Yet in thy valleys green 1 in my heart did giean ‘Tnouglits of & dearer mien; Softly my spirit heard, Murmured by dusky throats, Souring through happy uotes, Breakiog lu mourniug rotes, Deeply one godly word, When in that state I lay, Just on the verge of duy, Only one thought nws{ From a fair future bright, Breathe an alohn, sad Soul, for the garb ye had; Joy to a heavon glad Thav thou art freed of nights Honolulu, 1858 5 i b 4 3