Omaha Daily Bee Newspaper, June 25, 1889, Page 3

e Rl «pmw JMHMSM s 20 m\am..w ,4\ e THE OMAHA DAILY BEE:-- S Gt A v (i NS R A B AR RIS R (3 SATTN\ 401 B e i e ) A (S THE SPECULATIVE MARKETS. ‘Weathor Noews Figures Largely in ‘Wheat Speculation. CONTINUED FIRMNESS IN CORN. The Week Opens with a Slow Trade in Provisions and lattle Doing in a Speculative Way— Cattle Sell Well CHICAGO PRODUCE MARKETS, Cnicaco, June 2. —[Special ‘Telegram to Tue Bee |—Trading did not begin until 10:80 this morning, in accordance with the rule recently adopted for Mondays during the summer months, and caused a rather bearish feeling to prevail at the start. The weather bureau noted generaily clearing weather in the southwest, but there were still areas of low barometer and some rain in Kansas, The northwest had likewise re- ceived the rain which it stood so much in need of, so that so far as superficial indica- tlons went, the threatened damage from too much rain in one section and lack of it in otliers, appeared to be averted. There were other circumstances, however, which had to be taken into account, and these were gener- ally antagonistic to the bear interest. Cables were strong. London and Liverpool were higher on decreasing supplies ard serious dumage to the Russian crops by the drouth which was still prevailing. Home news was not all of one color either. Some firms on ‘change showed correspoudence, covering North and South Dakota, from men running elevators in that country, giving a gloomy uc- count of the condition of spring wheat, which, they said, would not average over five busheis to the ucre, and which, it was added, rain from now to harvest was powerless to improve. St. Lows was run- ming a local sensation of its own in June wheat, advancing the price about dc per bushel, but it was without influence upon values here. First prices were 77%c for July and 771{c for December. July sold up to 778{c, down to 77ige aud later to iTic; again, after reacting to i7c, it advanced to 78¢, and hung within }ge to e ot that dur- ing the balance of the session, closing finally at 77)e, which was the exact spot it stopped at on Saturday. December, which has been ruling from e to #{c under July, was scv- eral times to-day wi uhln lgc of the latter, and closed at i ¢ more than its fnal price on Saturday and '{c_under July, the closing quotations being 775c. Corn continues firm. The receipts to-day, were about as expected—i05 cars—-and 185 cars graded No. 2, but the backward weather and the moderate estimate of receipts to- morrow—485 cars—together with a decrease of 1,883,051 bushels reported 1n the visible supply, caused u rather strong feeling throughout the ion. Trade was moderato in volume and prices kept within a rather narrow rm\uc. July sold early at 347¢c und to 85'<@3515c on the split, with a sale or so at 55%¢, weakened a trifle, closing at #5c. At the close seller July was a fracuon bet- ter than it closed Saturday, Oats were decidedly quiet, but steady, \\'IHI a moderate mquiry for July and Se at figures around 223;¢ and 22 ly. Few seli uppeared speculative business was light. ancrease in the visible supply ant, while on the other hand were reduceed last week 462,252 bushels, and since the report of Saturday mornin, shipments agjrregated nearly 833,000 bushels. No. 2, to go to store, sold at 223@22%/¢, und trading was chiefly by sampie, with con- giderable No. 8 white scut to store. In proyisions the week opened with a slow. trade. In a speculative way there was litue or no disposition to branch cut. Still, con- siderinz the light business transacted and the liberal run of hogs Lere and at the other points, the market was remarkably well sup- ported. Prices ranged under Suturday's ovel, but the decline suffered wus compara- In pork and short ribs it awounted for the day to only 2ic. Lurd closed practically unchanged. The nnn\ll unimport. local stocks The Visible Supnly. Cnrcaco, June 24.—The visible supply for the week ending June 22, as compiled by thesecrotary of the Chicago board of trale, is us follows: llllflh(‘ll Wheat, . Corn.... Outs ..... Rye. Buarley 824,000 CHICAGO LIVE SPOCK MARKET CuicaGo. June 24.—[Special Telegram to Tne Bek, |—Carrie.—Contrary o expecta- tions, the demund to-day developed consid- erable life, so liberal in fact that sellers found no difficulty in cicarivg the pens at strong prices all around. Prime corn-fed nativo steers were not proportionately plonti- ful and such deseriptions commanded about 100 advance over lust week's closing quota- tions. ‘Thesupply of Texas cattie proved very light, and as a result an advance of 10@ 15¢ was secured on all range cattle and 5@10¢ on native butchering and cauning grades. Btockers and feeders, as usual on Monduy, were worth but littie attention, and, although Holders asked for an improvement, the mar. ket can not be quoted stronger. Choice to extra beeves, $.06@4.40; medium to good steers, 1350 to 150 lbs, 83,70 1200 t0 1850 1b8,83.60(@3.95; 950 to 1200 1bs,§ (@8.805 stockers and feeders, were dull and weak at §2.10@3.40; cows, bulls and mixed, wenk at §1.25(02. @2.40; slop- fod steers, $3.05@3.00. Texascattle, & were about l‘,uuiohlkhm, stoors, $2.05@3.75; bulk, 5. surprised operators generally. It is true, the inflated prices paid Saturday led most dealers 1o anticipate & good run to-day, but nobody looked for 81,000, Trade, nevertheless, was active, but on a basis of 10@15c off from Sat- urday's quotations, as will be noted by '.hq fact that packers bought good to prime qu: ity droves of heavy al & range of $4.27% 4 8214, the bulk comng littlo Less thun &1.80. Mixed hogs wero taken lnrf» at §1.30@+4.35 and light ot #4.85@4.45. _astern shippers sorted Lp their heavy at $4.80(@4.85, buteher pig woights at £4.95, principally, and ligut B0rts at $1.875¢@1.50, FINA AL New Yonk, June 24.—(Speeial Tolegram to Tue Bee.]—Srocks.—The stock market opened slightly irregular this morning, with but few stocks active In the regular list and excitement in trusts. Grangers opened %@ 34 per cent over the close on Saturday, show- “ing some strength for a few wminutes, and then weakening, aropping below Suturday's figures. New England was active, but little changed between 513{ and 52, Atchison went off to 46. St Pdul was active, selling 8t 72} and off to 715, while preferred went from 111%{ to 1103, Chicago Gas was active and strong and mwoved up nearly 3 poiuts to 61 in the first hour. There was tho usual activity in trusts, however, and especially in sugar, while the market was enlivened dur- ing the first fiftcen minutes by a very wide and rapid fluctuation in that stock. It opened 13§ per cont higher at 110% and shot up rapidly to 126, reacted to 121, and after- ward fluctuated around 122, The general list was firm at the opening figures, prices show- fng advances of swall fractions on lust Sut- urday's closing figures, The stock market after 12 o'olock was subjected to a sharp de- cline, which carried the list generally below the last figures of last week, Atchison went off to 4b3¢, St. Paulto 71}, Rock Islaud to 953 end others in proportion. The trusts 8180 got & set back from the top prices. Dur- ing the last hour there was & recovery of a part of the losscs, und most of the active stooks on the regular list were i 1o 3¢ per oout under the closing figures of last week. Chicago Gas closed about 114 per cent higher, the Sugar trusts about § per cent higher and 8 per cent under the best figures. The Lead trusts were about 21¢ per cent higher. The total sales were 161,201 shares. The following were the closing quotations: .8 48 regular. 12814 Northern Pacific Ul 845 coupons ... 1203 | no%rn{'-rnd 448 reguln Central Pacific Chicago & Alton .. 1 Chicagto, Buriington &Quincy... 02 | doproterred . st.Panl & Omaha’ doprererred. .. 4/ 1o Michigan Co Missouri Pacific Moxey—Easy at 11¢@3 per cent. Prie MERoANTILE PAPER—3){@5% per cent. Stenuivo Bxcmiver—Dull but steady ; sixty-day Dills, 81.87; demand, #4.58). ——— PRODUCE MARKETS, close—Wheat 77340; December, 'll-mh,uuh, 29)¢¢; July 203¢c Sep- Scmumm_ $11 Lard—Firm; cash, $5.50; July, §6. tember, £6,70, Flour—Unchanged; winter wheat, & i spring wheat, §1.80@5.50; rye, $2. Dry Salt Meats—Shoulders, £5.123¢( short clear, $0.12}¢ 3 short ribs, £5.80@ 5.85. Butter—Unchanged; creamery, 121{@16c; full_cream cheddars, 79 10@14o. {@i%c; Young Americas, S@ Chéose-—-Woal; @sc; flats, 7} ged; frosh, 11{@12c. Hides--Unchaniged; hoay and light greon 41 8ije. Eras—Unel salted, bie; saltod d {ci greeu saltod calf, Be; flint, ary salted, dry'cal, 7@c; deutons, 56 each.. Tallow—Unchanged; No. 1, solid packed, 4c; No. 2, 814c; cake, 41{c. Keceipts. Shipments. i ey Floar 12,000 L ,000 121,000 1000 ~1:26.000 833,000 Wheat—Receipts, tions closed steady; No. 3red, July, closing at S43ge. Corn—Receipts, 201,000; oxports, 145,%50; ot weaker; No. 2 413{@42 in elevator} adrigoutionty options lower, July closing at 42¢. Oats — Roceipts, 227,300; exports, 10,0003 spot wealer; options lower; July closing at 281403 spot No. 2 white, &8¢ mixed west— e, Coffee—Ontions opened barely steady; to 80 points down; closed weak; 50 10 points down: sales, 136,000 bigs; June, Jul 33; spot kio lowers 5 United closed at 8 stern, 1414(@ L43{c. 5. ; sales, western steady {@3.55; closing at $6.55, —Western, 1ic; W stern creamery ~Higner; western, T3{@ Kunsas City, duno =24 “Wheat— Quict; No. 2 ¢ o bid; August, 60 0.2 soft, cash, ‘70c bid;® August. G136 cudy; No. 2, cash, 20; July 25}¢e bid; No. 2 white, cash, 20%c bid. X A‘mls—Dull No. 2cash, 15¢ bid; July 165¢¢ hid Minneapolis, June 2f.—Wheat—Sample wheat ubout steady; receipts, 241 cars; ship- ments, 53 cars. Closing: No. 1 hurd, June and July, 961ge; on track, 07(@98¢; No northern, June and July, $0c; on track, 7 No. % northern, Juue and July, + oif track, S2@sic. Nilwaukeo, June 24, — Wheat—furm; cash and July, § Corn--Quiet I\o 3, 83c. Oats—Dull; No. 3, white, 28c. Rye—Firm; No. 1, Burley—Nominal; No. 2, o ibions itim} pori: $1130: Juoe 24— Wheat 0. 9 mixed, 3714 Oats—Dul! 2 mixed, 25@? Whisky—Steady at $1.03. @St. Louis, June 24.—Wheut—Higher; cash, S0c; July, T815@73! ighat; oia No, 2 red, Corn—Firm; i July, 8ige, July, 231 5, \Vluxk)—‘whuly av §1.02, Dutter—Dull; creamery, 13@I5c; dairy, 1@ LIVE STOOK. Chicago, Juns 2t.—The Drovers' Journal reports as follows: Cllllle Receipts, 10,500; m beeves, S(@4.40; stes ers nud feeder: i‘ ]U(r’l mixed, §1.254 @3.75. Hogs—Receipts ket quict; $3.85@4.15; stock i cows, bulls and cattle, $1.30 market 10@15¢ lheavy, $+156@ market firm £2,00@4.00 ver lead. Kansas _Oity, June 24, —Cattle — Re- shipments, none; market common o choice corn 3 stockers und feeders, hipments, 1,200 light, un.x@«a.}g, heuvy 05 §2.00@3.10; Hows—Re market wea and mixed, National Stock Yards, st St Louis, June 2i. — Cattlo—Keceipts, 8,500} shipments, 80); market steady; fair to choice heuvy native stecrs, $3.20@1.40; stock- r angers, corn- shipments, 1,100; marketalow; ehoico leavy, buteliord: select tions, #4.2 : pucking, § § pck- ing, $4.16@480; light ;,rmlcs. $4.200 4. 35, OMAMA LIVE STO0K. attle. Monday, Juno 2. The buyers had no *‘nerve,’” was practically at @ standstill, Everyone was lookiug for u heavy run for to-morrow, aud they did not cure to load up with cattle to-day. The few cattle that did change hands went at ubout steudy prices. A string of pretty good natives went at $3.87%¢ and some westerns ut §4.80(03,85, Hogs. ‘The receipts of hogs were the heaviest for a Monday this year. ‘The murket was 5@ 10c lower on account of the break at easiern poiuts, and not very active, saleswen being slow to make the concossion. Tue yards were cleared before the close, however Sheep. There were two double decks of Oregon shoep here which mot with ready sulo ut firm prices. Receipts. Cattle 800 Hogs. 600 Sheep. 400 Horses, [ The following is & table of pricss paid in this market for the geados of stoo tioned: Prime steer: (ood steers, 12 (iood steers, 1050 to 1500 lbs Jomumon canners, . Ordinary to fair cows Fuir to good cow: Good to choice cows. Choice to fancy cows, heifer Fair to &ood bulls.. Good to choice bulls. . Light stockers und feedors (Good feeders, 950 to 1100 1bs. Fair to choice light hogs Fair to choice heavy hogs Fuair to choice mixed hog Storn sheep. . Representative Sales. STEBRS. Av. Pr. No. Av. _Pr, 08, ‘.,.Mflfldl} 16,00 .momsa o 10 8 871 9., 1500 8 87l 30, 8 8Ti¢ | 1. 2 50 | L 255 8. | 4eiiiee . 788 175 1800 175 WESTERN CATTLE, Owner. No. Av. Pr. Standard Cattle Co.— 26 corn fed steers. . 27 corn-fed steers 80 corn-fed stecrs 83 corn-fed steers Patrick Bros.— 82 corn-fed 2 yr old stoers, 1025 81 corn-fed 2 yrold steers. 1033 10a8. No. 00 L1987 83 80 2 8 8 8 85 3 65 8 65 .l‘.’.Jl Av. Shk. Pr. . Shk. Pr. — 83 00 80 84 00 160 e i e e e R B e e coccccccsccosocs SEERSGRESSEEEEES 4 00 44, 0003 pxnmv- spot firmer; No. 2 4 00 red, S41,@8 3¢¢ in store; Sa¥@S6e’ afloat; | SHEEP. lg@stdge 1. 0. b.y No. 1 red, 98ci op-| 102 Oregon shorn, 107 Oregon storn. 188 Oregon shorn. The Week's Racord. The following is the number of cattle, hogs and sheep bought on tuis market during the past week: CATTLE, Armour-Cudaby & Co Omaha Packini Co. Shippers and feeder: Locul ..... < Total..eoe Armour-Cudahy Paj G. H. Hammond & Co. acking Co Swilt & Co Cudahy Bros . Total...c.o Live Stock Notes. Hogs only 15¢ higher than in 1586, Top on cattle two years ago §1.00. Hogs only 10¢ lower than a mouth ago. Hogs 30@40c lower than two months ago. Range on hogs two yeurs ago $4.45 1ecves sold on June 24, 1835, at § J. F. Thorton, of Council Bluffs, of cattle here. Finlen Bros. came down from Broken Bow with two cars of hogs. ‘W. W. Richardson had ten cars of cattle here from Red Cloud. J. W. Chandler, of Broken Bow, had hogs ou the market. J. Vankirk brought three cars of cattle over from Council Biuffs. John Nordstorm, one of Douglas county’s farmers, came in with hogs and cattle. Cincinnati received 1,700 bogs, St. Paul 80 and Indianzpolis 1,200, Fred Zwicker, an Oregon ranchinan, was nere with two cars of shecp and twoof horses. H. Agor, St. Paul, was in with two loads of hogs. C. H, Burt, of Murray, Ia., who ships fre- quently to this market, was visitor at the yards. C. W. Lamont and Richardsoun were on the market with seven ears of cattle and two of hogs from Mineola, Nel W. C. Swartz, Silver City, was over with two cars of cuttle. Colonel Patrick was in wtih three cars of cattie from the Patrick Bros,’ ranch ncar Nickerson. had a car Iron and Metal Trade. Local reports and those received from otner centers indicate that the several branches of the iron and steel trade remaimn in very good shape. JTudividual transactions inyolving large quantities of either crude or finished products are not heard of, but nearly all accounts are in accord in stating that a very fair amount of business 18 going on in aquiet way; that deliveries on old con- tracts continue liberal, and that there 1s steadiness to values gener- ally. Competition appears to be temperate in all departments, yet not restrained in any instance by combination or other artificiut means. In some quarters a tendency to - dulge roseate forecastings is found, but facts show that, while the situation may be en- couragiug or the good features possessed of enduring qualities, the capacity of mills and furnaces in operation assures a full supply of both erude and finished products, says the Now York Commercial Bulletin, June19, ‘Tnere was a rumor that a large deal has been made between Southern pig iron pro- ducers and Pittaburg consumers, involving about 500,000 tons mill iron for delivery over u series of years, No confivmation of the rumor could be obtsined, and no par- ticulurs as to prices were mentioned, There was a stroug suepicion, however, that there is something substantial back of the report. ‘Ihe ofticial report of the bourd of control shuws that 850,000 tons of steel rails had been delivered to 'June 1, and that the sules thus far this year, as previously esti- mated, amount to about 1,000,000 tons, Work has been started up in full at the Pennsyl- vauia Steel works, Steelton, Pa., and tne compuny's new mill at Baltmore is being pushed rapidly forwara, Minor metuls bave undergoue but slight change in value and are without partic: ulnl'ly new feature, ‘The Lake mining companies hold prices for their copper firmly, but there is somo irregularity on casting brands, Straits tin improved a fraction Monduy, and subsequently weakened off, in sympathy "with the course of prices in London, Lead has been moved back to dc, and is now ap- parently firm at that rate, Spelter is Wlso very firm, There s not the slightest Chuoge in the tin plate market. YIG IRON, ETO, There huve been sales here the past few days of ut least 6,000 tons foundry iron, the reater portion of which was southern'pro- uet, ‘T'he busiuess was at within the range £10.00@17.00 for No. 1and $15.00@16.00 for No. 2, sccording to size of lot and brand, A very good demand is reported for both northern and southern makes, mainly in the form of inquiries for a few bhundred tons for early delivery, This demand brings out the fact that many southern as well as Peuusyl- vania furnaces are well sold up, and séme of the forwer not only ask about 25¢ advance ou the prices latterly accepted, but lnstruct their agents Lo make no coutracts for round lots at the present tiwe. Western consuwm- ers have latterly purchased freely of south- ern pig, aud o the Chicago market the lat- tex, in No. 2 and No. 8 grade, is selling at pbtained there for iron made from Lake rior ores. Scoteh pig s about stead the range of prices ruling for some tim&"/jat, and mects with fair sale in moderatd (@uantities. The quoted prices are $19.00@10.50 for Exlinton, £10.50@20.00 for Dulmelington, §20.00@20.50 for Glemgarnock, £21.00 for fungloan, #21.50 for Summerlee, $21.00 for ;hnn- and §1.50 for Coltness, Sploeleisen Is fAirm at £2400@28,50 for 20 percent, and in fair demand. Ferroman- ganese, 80 per cent, is quotad up vo §63.00@ 00.00 on spot—being rather smrce. STEEL RAI &S TLere have not hcon m“nt\ orders on the market the past few days But negotiations bave in all instances revéaled a very firm market. Some mills are sold up on their last allotment, and those that are 1n a position to take oew nrders refuse to go_the least frac- tion below the busis of £27.50 at eastern milis, Some few small sales have been made at §27,75@?28,00, and the tendency seems now to muke §28.00 tho general rate. For that matter agents atate that a moderate im- provement in tho demand would quickly bring the market up to that point. OLD MATERIAL. There has been very little doing in this line and the demand s not as good now as it was o week ago. Sellers are firm, however, av §22@32.50 for tee rails, §0 for No. 1 wrought scrap and #10 for car wheels, TIN AND TIN PLATE, Straits tiz in_London mowved up to £00 15 spot und £91 7e 64 futuro on Monday, but dropped back £1 yesterday. The metal has shown corresponding irregularity here, but responded most quickly to the downward movement ubrogd, the arrivals and nearly due tin, favolving ‘about 500 tons, having a rather "depressing effect. It is stated that about 150 tons have chunged hands the past few days, principully for June delivery. The 8pob prices at the close were about 20.15@ 20.20c for five-ton lots and 2).30@20.40¢ for hbing quantities, n plate has continued dull. Neither canners, packers or can makers are buying to any extent for forward delivery, and the spot busincss has been of n hand-to-mouth chavacter. Store prices are: 1. O 1¢ cross assortment Melyn grade, for each additional X add”$1.50; about 25¢ advance over pr& 0b. I. C. char- coal, 1g cross assortment, Allaway grade $4.715@4.803 for cach udditional X add $1.00. Llll\nu.d terne—M. K., 14 6. F., 20x28, £18.200@1 8402153 Worcoster, 11x20, $4.20@4.50; Dean fer: @s.50; Allaway grade, 14x20," lawhy grade, 20x28, $8.100 —Pealan grade (iron 14x20, 84830, 1. C. coko finish, 812711 squures, $1.60; yu steel, squares, $4.65@ mer steel, (,Mum: copper has been selling in_small lots at from L1i{c down to 103;¢ according to branas, and in a few 1rstances 1s suid te huve toucl 10}ge. The volume of business, to all accounts is fair, but no transactions of importance are specified. There seems to be an impressiou 1n the trade that Loke - got is relatively too high and must be offered more cheaply in order to hold its zround. Whatever merit there may be in this view, the fact is that a lib amount of Lake ingot is steadily moving into consumers’ hands and the mining officials are repre- sented to have stuted positively that no re- duction from 12¢ will be made next month, London cables quoted merchant bars at £41 58 spot and £41 future, LEAD AND § . The price of pig lead has been moved back to 4 and the mavket is apparently strong at the advance, but quiet. Western telegrams indicated a decidedly **bullish” sentunent at the primary poiuts.” During the past threo yS about 300 tons have been sold at (@ic, for dehiveries this month and v Spelter is very firm _on the basis of 4.45 (@be for ordinury brauds western common, ‘I'iere continues to be a good steady demand for the metal and the best nds are offered rather sparingly for eurly delivery, Suzar Statitics, Willett Hamlen & Co., sugar brokers, New York and Boston. have to say in their last circular of the consumption of sugar in the United States: We make up the figures of consumption usually for the six months to July 1, but as the sugar question and all per- taming to it just now, 18 of paramount inter- est, we have compiled prehiminary figures for the five montbs to June 1, as follows: Consumption through Four Ports Receipts of foreign sugar at New leans .. g Receipts of Louisiana crop marketed. . Domestic molasses sugar b T Maple sugar marketed. . Total consumption of United States.050,007 The total Louisiana crop we estimate 12 per cont under last year, or say 13,014 tons, 71 tous of formei D. ‘Statistical” of January 10, 1539, we cave the consumption ¢ or 8 v in the United States, in 1838, as 1,457, ns, the export 11,480 tons, togetner 1,465,753 tons, of which amount we estimated that 1, tons d through the refineries of the United States, und 106,500 tons were consumed with- out refining. Of the timated that 1,002,791 tons the refin s controlled by evies company, and per cent, we; d by the independent refiuers, We might huve added that we estimated the net profit of theé retiners at % cents pér pound, or say $L4 per ton, which wve the Sugar Relineries company 814,000,000 vrofit, and the outside reiiners $5,0)0,000 profit, which figures we have still no reason 1o chunge, The consumption of sugar in the United States, from Jauuary 1t June 1, was 650,097 tons, a8 above, of which amount'we estimate that 630,000 tons passed through the refiner- ies, and 50,000 tons were consumed without refining. Of the 630,000 tons we estimate that 445,000 tons passed through the Sugar Reflneries _company and 185,000 tons, or 20.4 per cel were refined by independent refiners, We estimate the net refining profit at 514 per ton, or suy £6.230,000 profit to_the 8. R. Co,, and $2,500,000 to others, Up to April [ there was ho special profit to refiners over the preceding year, from the advancing rawgmarket, but for April and May melt- ings such additionul profit may safely be estimated at Jgc per 1b on 173,000 tons, or Sy £3,000,000 for the Sugar Keflacrios com- pany, and on 74,000 tons, or say $330,00) for the others, v total net profit for the five months of $8,230.004 for the Sugar Refineries company and $3,410,000 for the outside re- finers—say three in Philadelphia (not in- cluding Mr. Claus Spreckels), oue in Boston, and one in San Fraucisco. Mr. Claus Spreckels’ refinery is expected to be com- pleted in September, and to turn out 5,000 barrels refined caily, or say an_annual mielt- ing of 200,000 tons raw sngar. The increased u)nuum])lmu of the Unitgd States will ab- sorb about one-balf this production, without materially uffécting the profics of the *‘Trust,” ™ excépt’ on the re- maining: half for a Year or two. As many former sugar impogters and merchants, among others, have lately turned their attention to dealing in Sugar Refineries company’s certificates,which are fast becon ing us uctive for trading in for profits as sugar itself, nay be futéresting to note that the Sugar KHefineries company have at the preseut time in stock here, and in San Francisco and New Ofledns, and secured for shipment, probably 150,00) tons of raw sugar (we are told 180,000 tons), the profit on which (150,000 tons), owls@to the rapid rise now in progross, wuy be gafely averaged at 1c per 1b, plus the 5¢c par pound net reiining ®rofit, or say $4,775,000—which, added to the $9,230,000 profit ulréady secured, gives §13,- 000,000 virtually in band; or say over §25 per share, on tho $50, 000000 certificates, to which amount we undérsiand the stock is limited, and a small amount of which still remains in the treisury, to be distributed perhaps to the steckholders later on. The next regular dividend, July 1, it 18 under stood, will be the same as heretofore, say 2} per cént., or possibly 5 per cent., but it would seew necessary during this year to make an extra dividend. There have been paid thus far five divigends, amounting to 10 per cent., in 1883, ana 21¢ per cent. in April, 1839, with an extra stock dividend of 5 percent. In view of these facts, which sugarmen know to be correct, it is nul Burpnsm{ that “'sugar trusts” cottificates have risen rom the 4o tation of §351¢ in our statistical of March 7 to $110 at this dute, and that very high figures are mentioned by some as likely to be reached by thew. We expect to report quotations of #150 this year. The facls of the sugar position throughout the world, which we give from week t week, have an important bearing on their present and prospective value, We may add in con- clusion l‘uv. @ reduction of duty on raw sugar through zar Refi tons, or say 20,4 & xould not decrease the profits, and that froe uty sugar, however much it may be desirod, is not at all likoly to be realized under the present administration, although it may be agitated at the nssemoling of congress. With free sugar, the ‘*‘trust,” ivith their combined refinerica and already fntroduced | economies in refining, could no doubt com- | pete successfully against all foreien refiners, but their profits would be confined within | certain limits, whereas now they apparently need not bo restricted by any outside influ- ence whatover, The profits of the several refineries as combined under one manage- ment appear large in the ageregate, wherers under separate managemonts, as formerly, tho same net profit of ¢ per Th. would be considered as molerate. The “itrust” is not responsible for the advance in raw sugar. On the contrary, their policy from the start has been to depress raw sugar all in their power. We think it was the car- rying of this policy to the extreme last year which prevented a portion of the present rise from coming at that tine, and intensifies the | advance this year. The rise in sugar all over the world is simply the upward wave which always succeeds a series of years of the downward wave, and as the situation was not grasped in_season to remedy 1t by suffi- clently Increased crops of beet and cane sugar next yoar, the high pri tinue at least until the second seaso With the incoming of the new crops of sugar next November to Kebruary there will no doubt be a renction from the extremo prices reached previously, but to be followed by higher prices again’in 1500, OMAHA WHOLESAL MARKETS, Produce. Fraits, Kte, Burter—Table dairy, 14@l150; vackers’ stock, S@10c. Cre, Duints, fancy, 16 @18c: choice, 14@ solid packed, 10@14c. ) Strictly frosh, 1112, Ci ~Young America, full cream, 1047c; twin flats, 9igc ps, G@ie; Van Ros sem_ Edom, $1 sap 8ago, brick, 111 @10 Tiv—Live hens, per dozen, £4,00: mixed, &3, spring, $2 "'Ul“ H turkeys, ducks, £2.00@250; Mediterrane Duarto X ¢ $4.50@5.00; fancy, ¥ LEesoNs—Choice, § o per 16 quart drawer, $1.00, Bracknerrigs—Per 24 quart case, §2.00@ BLack Raspserries—Per 24 quart case, £3.00@3.50. R Raspperries—Per 24 pint case, $2.00 AWBERRIES. —Pvr"| quart case, §.75@ d, 00, 24 1 s, 84,0 der 24 quart case, $1.75; 3 bu ~Per doz, $3.00(@3.50. ccording to size, per bunch, Furst Fisni—White fish, per 1b, T@Sig trout, ver b, 9c¢; white perch, ]u'r 1b, axs—Choice hand picked nay. choice hand picked medium, $1.63; choice hand md(cu country, §1.60; clean country, 'bbl $ soutticrn, per bbl, swu 503 turnips, per bu box, o3 per crute ver box, ax beans, per bu string beans, per bu §2.00; green peas, per bu box, tomatoes, per ¢ bu 'box, $2.00; aspara per doz beh, cauliffower, vie Dlant, TALLOW, BTC hidos, 50; dry salted. hidda, hides, 8¢ calf hides, 5c; less; sheep pelts, green, cach, sheco pelts, dry, per lb, 81 averaze, M@isci tallow, No. 1, do; grease, dry damaged hide SA,7 dide; grense, yellow, 2igiwie. AvpLr Burren—ie. c, 5 hf bbls, 5. —12k@ 1b. PoTaToRs —Choice, s ckod, por bu, 25@30c; Colorado, 4 VEAL— Tnedlum size, 5@oc: cholce, heavv, 4@be; spring lawbs, $30.00@36.00 per dozen. —14@15¢ per 1b for choice. 1, 161b average, B4 1bs, 12 ; specials, 1214¢; shoulders, 1¢; breq IR R R G nic, Tage; ham shusago, 103ce dried beof o} beef tongucs, £6.00 per dozen: sult tmeats, Sig@oige per ib. Savsaar—Bologna, 4@diqe; Tiic; tongue, 9c; snmmer, chieese, 01 1'(»mc—fimnuy, backs, 3 bl 8075 mess, bule, 812501 3¢ bbla ; pig-pork, bbls, #17.50:'1¢-bbls, §0.00. ONGU 3alt, bbls, .00, Frankfurt "1836e; head per bbl, $13.00; Drugs ani Criemicals Aciv_Sulphric, or carboy, Bio; citric, 5 ic, pow- Asvoxta—-Carb, per 1b, 1134c. Arrownoor—Pcr 1b, 16e. Barsay—Copaiba, per b, tolu, 3@ sae, Borax—Refiued, per b, 0} Jer 1b, St 124, Cassia Buns—Per 1b, 1 CHLOROFORN— Counosiye SunLMaTE—Per 1b, 80c. ImEAM TARTAR—Pure, per 1b, 2c. xrrACT Loawoon—Bulk, pér 1b, Enaor—1 GLYCERINE—2134C GUSE ARABIC—BYL05e, PODIUM—44 eriNE—Bulk, per 1b, 211¢c. Guu—Assafetida, ver 1b, Lic; camphor ver 1b, 87¢; opium, por 1b, §3.45. TobixE—Resublimated, per oz, £3.65. Luaves—Buchu, short, per b, 13¢; senna Alex., por b, 25 Mokpitia 123ge. Meuncery--63e. Ibl’ét‘usa——u:'omldo. per 1b, 87c: iodine, per J W Griffith and wife to E A Cudahy, lot ¥, Clark's add, w d 2 Sotith Omuhu Land Co'to 4 1k 61, South Omaha, W d South (muha Land (G to I, P §miiéy, o 4, Bouth Omalia, W d e Lind Co Lo H i} South Omahi, w d £, to A and I Dr West Albrigit, w d v Speliman and nusbana to' G i abe, s add, wd HG Clark snd wife (oA B ) Goudy, , ik 1, Madison Squire, w d i Contior £0 1 A Dillon, uh | AtBOft 8 of nw cor lot63, N I Oklanomo, wd. . Otto Lange and wite to Jots 1 and 2, blk 9, 1 ciation udd, wd. ... W H Anderson to Mrs C blk 12, Shinn's add, g ¢ 4 . F 11 Davis and C S 'Farroite 10 lv' M wnum Tox1d 1t 1n tax fou a l' Ullrkar and valrn 0 ton, und 4 lot & bli 197 BY Hingor and wito to 1 P pik 4, Cortland Place, Wiiliam Coburn, sheriff, 1o 3 lot 4, blk 142 Omub Otto Lobeck and wife to'M Jota 6 anad . Ik b Lineois Piace w William J Harsha and wife to RJ Smiley, lota 2] and 21, Selby's holghte, wd .. Mead Investment o 10 J 8¢ Hmdt, lots 108 Purk o b fe 10 J ¥ Kimbali et al, ot 13, blk 2, Summit Place, w d own to I'M Warthley, lot 2, sub sw Bwsw 210-04, wd.. 1ot 4 uuha, q o d . 1 blevers, Jot 4, Fifteen transfers Builcing Permits. The folwing paramits were Building Iaspector Whitlock yesterday: F. M. McCrea, one-and-one-hait-story ‘frame barn, on Spencer sireel, near Eighteenth [*} l(!-luunlon. one- .lury frame addition 10 cotl luunwmh III’EEI near Phelps avonue. -1 r-r ) Awe periults, aggregatiag . 1ssued by o COUNCIL BLUFFS. OMAHAJOBBERS DIRECTORY The City Counoil. The city council met last evening in regu 1ar woekly session, with Mayor Rohrer in the chair and all aldermen present except Bellinger. Mr. Humphrey appeared in bebalf of John McShane, of Omaha, with & proposition to take the city bonds issued for spacial im provements, at par and one-half per cont pre- mium, which wes accepted. A petition frem resident peddlers was re ceived, asking pormission to pay their li censes semi-aunvally or quarterly. At torney J. Stewart appeared for tho venders, and nsked the passage of a resolution making the licenses payablo semi-annually in advance, and after a iittle discussion the resolution was adopted. On thotion a resolution was adopted di- recting the issuance of §,417.81 intersection paving bonds to E. A. Wickham, B. Swmith & Co,, and other paving contr: for work done last year. The Union Pacific railway presented its notice of appeal from the nssessment of its property in tho city by tho city assessors and the board of equalization, The appoal is to the district court. On motion of Alderman Everett the notice was roferred to the judiciary com- mitteo with instructions to appaal ‘to the state auditor and the state executive board at Des Moines for nce in this snit, Aldermen Weaver y voting against the motion, Tho motor company was ordered to put street crossings on its line to prado within ten days, und the city to do the work and asscss the cost to'the comvany in event of failure, ors Eliza Crawford prosented through the auditor u demand for the payment of wn al- lowance of £00 damuages to her proporty which had been granted a year ago. ‘the matter was referred to the fihance vommit tee. Alderman Everett offered a resolution di 2 tho city to bring suit aeainst the con- tractors who filled Eighth avenue, for failure to fulfill their contract by replicing the side- en up for the purpose of Alliug, which rried. o ordered to be advertised for the construction of sidewalks in various portions of the city, City Clerk Huntington was ordered to sign all ordinances legully passed and left un- signed by the Iate city clerk, . A, Buy! port of the tubulated ed, J. B, Smith & T'he LI!\ engineer's bids on baving was Co. were the lowest ln.hlt $1.15 por squarc A ou cypress and o lowest on brick, 163 por Everett aunounced thab e had voted lust yard of cedur block or wooden pavement and was in favor of hard brick. Aftor con- siderable discussion the couneil, by resolu tion, aw: ed the contruct to George ler for brick paving at $1.63, and the mayor was instructed to have the contract sigied by to-morrow. The mayor stated that he wouid veto the resolution unless he could bo convinced there was hard- ied brick in the city to do the work. contractor was, by resolution, roquired © the worl completed by December 1, Ity of §25 per day. lial wus ipstructed to remove all obstructions on Maham avenue, T'he ob- structions consist of encroachments of prop- erty owners on the strect where portions of it are fenced up in various places. SHROEDER & DEAN, GRAIN Frovisions 2 Stocks 200 Ove o0 | on MR Basement First National Bank. 50.) aunlhl.}lh slrect, - Omallu OMAFA MANUFACTURERS. Bootn and Shoos. KIRKENDALL JONES & UD., Buccessors to Ree, Jones & Co. Wholesale Mannfactarers of Boots & Shees Agents for Buston Rubber Shoe Co, 1102, 1104 and 116 1inraey Btreot, Omalis, Nebraskn. ey __grewurs. STORZ & ILER, Lager Beer Brewers, 1891 North Eighteenth street, Omahs, Nev, EAGLE CORNICE WORKS, Mann‘actarers of Galva'lizetl Tron Comnice Window-caps and metalic skyl Jolin Epeneter, DropRetor. 18 And LIUSth 100 Biroce: Agrioultural Implomem CHURCHILL I’ARI\ER, Dealer in Agrienitnial Implements, Wagons Larriages and murmn:g;.mxh.:‘. :olwun “th and LININGER & METCALF CO., Agricult’ Implements, Wagons, Carriages Bugglos,eto. Wholesale. Omana, Nebraska. PARLIN, ORENDORF & MARTIN CO. Wholesaio Dealers in Auvicultural Implements, Wagons® Buggies 010, 506 and W07 Jones strest, Omaha. M()LH\E , MILBURN & \lODDARD CO.. Manufactirers and jobbors in Wagons, Buggics, Rates, Fows Ete. Cor. 9th and Pacific stroets, Omaha. Arllat- Muterlnll Artists’ latsnals, Planus and Organs, 1513 Douglas stroet Omahs, Nebraska, Boots and 8hoe W. V. MORSE & €O, Jonbers of Boots end Shoes. 1101, 103, 1106 Douglne strect, Omaha, Manutactory, mer sireet, Hoston. l;oal cha and I.Im "OMAHA COAL, COKE & LIME 0Oy Jobbers of Hard and Soft Coal, 200 South Lith street, NEBRASKA FUE S0 f Conl 1 085 214 South 18th St.. Omabn, Neb. JOHN A. WAKEFI Wl e BB, Tmported and Anericun agent tor M Quin CHAS R. LEBE, Dealer fn Hardwood Lumber, Weod carpots nnd parquet flooring. 9th and Dauglae t8, Omoha, Neb. OMAHA LUMBER CO., AlIKinds of Bm]alngmlaml at Wnnlcsale. 15h Btreot un LOU!b ”HA DFORD, Decler in Lunber, Lath, Lime, Sash, Doors, Hto, v-ra--rnm Tih and Douglas. Cornes 0ih Ana Douilun; FRED W. GRAY. Lumber, Lime Cement, Etc., Etc. Corner ith aud Douglas Sts., Qmaba. lilinery and Not| OBERFELDER & Ci Tmporters & Jobbeis in Millinery &Nummx 208, 210 and 212 South 11th stroet. i INGHDN L J. T. ROBINSON NOTION CO., Wtlesale Notions gud Furuishing Goods, e th i Hosante v . Commission and Storage. "RIDDELL & RIDDELL, Storae and Commission Merchants, Spoclalties - Bustor, exus, chcesc, poultry, e L0 Howara Sireet. Omatia; Nob. " * Dry Coods and No M. B SMITH & 0., % Dry Goods, Furmisning Goods and Notions 1102 and 110/ Douglas, cor. 1ith strost, Omaha, Neb. KILPATRICK-KOCH DRY GOODS CO0., mportees eud Jobbers in Dry Goods, Notians Gents' furnishing goods. Corner 1ith and Harne) cets, Omaha, Nebraska. HELIN, THOMPSON & CO., Importers and jobbers ot ‘Woclens énd Talors' Trimmings, 27 Bouth 16th street. Fi m:ii'%;'r STON. Wholesalc Dea'ers in Farniture Farnam street, Om braska. CHARLES SHIVERICK, Furniture, Cmaha Nebrusks. ..~ SIMMONLS MANUFACTURING 4CO. Manufacturers of bank, Office and Saloon Fixtares Manties Drup Fixtures, Wai ora; Beerund Wina d unhe.l 30 und 1783 muvhonn 1124, EOuth Ttk Bt Gt J 0. Propricor Omaa Pager Box Factory, Nos. 1317 8dd 1319 Douglas streot, Omha, Neb, 8nsh, Doors, Eto, 3. 4. DISBROW & CO.,, Wholesale manufacturers of Sash, Doors, Blinds aud Mouldings. Branch omco. 1248 and leard atrcet Omabis, Nob, BOHN MANUFACT URING CO. y Tanufictarers of Sash, Doors, Blinds, Mouldings, statr-work and alarior tard wood fint N roer th und Leaven e rih strcets, Omitin, Neb. ings, Pumps. Etc. 1INGCO Pumps, Fips and Engines. Steam, wator, rallwey and miniug supblios, 020, 022 i 924 Fariin sirests Onan it U. 8. WIND ENGINE & PUMP CO,, Steam and Wate: Suppltes. TIkiiny wind mills, 01§ an (2) Jores St Oman. G. F. Acting manig BROWNELL & o, Enmcx Boilers and General Mechinery, Bheotiron work, stam pum o mills, 12151218 aba. cavenworth tre STBAM BOILITR WORK: Carter & Fon, Prop's. Muenu facturers of ullkingsy .cam Boilers, Tanks and Sheet Iron Worg " Works South 20th and B. & M. crossing. ‘Pel. 1415 PAXTON & VIERLING IRON WORKS, Wrought and Cast Iron Buf:ding Work, See And worke O . "0 th sireet, O) ha OMAHA WIRE & IRON WORKS, Mauufecturers of Wire and Iron Railings Desk Mile, window guards, lower stane re s 120 NOFLb 1660 bLrios, Omatiar Lo “TOMAHA SAFE & IRON WORKS, Manf'rs of Fire and Burglar Proof Sarex e ork, iron shutters an " Ve e rop R N ko nu"“" fC(LTH OMAHA. UNIO!\ S 1T0¢ I\ \’Anl)h (% ~Of Omalia Limied, FAXR ARG EMOVER 10 160 ‘fluun AV Qrocerles. AXTON, GALLAGHER & CO. Wholesale Grocerics and Provisions. 705, 707, 709 and 711 South 10th st., Omaha, Neb, T M¢CORD, BRADY: & CO., Whalesale Grocers* 13th ana wesvenworth streets, Omahs, Nebraska. — Hardware . J. BROATCH. Heavy Hardware, Iron and Steel Springs, wagon, ttock, hnrdwnre. Jumber, eto. 1300 d 1211 Harney stroot, Omahs. LEE, CLARKE, ANDREESEN HARD- WARE COMPANY. Wholesale Hardware, Cutlery, Tin Plate, Motals, sheet iron. eto. Aunh Jfor Hows scalen wder sad Lyman barbed w Minmi pow HIMEBA UUH & TAYLOR. Build rs’ Hardwarg aud Scale Repair Shop Mechanics' tools acd Buffaio soales. 1% Dougla stroet, Oniaiia, H. HARDY & CO Jobhers of Toys, Dolls Albums, Fancy Goods, House num..lm Goods, 'chuldron's carris Faranntyiract. Dmaim Mot % Whulesale Palmr Dealcrs. YT MBS B A e GHICAGO SHORT LINE Chicago, Milwaukee & t, Paul R'y, The Best Route from Omaha aud Councll Bluffs to mei==THE EAST === I'WO TiAINS DAILY BETWEEN OMAHA AND COUNCIL BLUFFB Chicago, —AND— Milwaukee, St, Paul, Minneapolls, Cedar Ravids, Rock Island, Frecporty Rockford, Clinton, Dubugue, Davenport, Elgin, Madison, Janesyille, Beloit, Winona, La Crosse, Aud all ether lmportant points Bust, Nortbenst so@ . Boutnesat For through tickets, call on the ticket agent s Frroai sizeet, la 8 8¢ Hooe: or ‘st Uiloa Faciae t Diain sor and I ERzenuien wmle