Omaha Daily Bee Newspaper, July 28, 1889, Page 11

WEEKLY BUSINESS REVIEW, The Feeling In Monetary Circles One of Firmness. DULLNESS IN NEW YORK STOCKS. Kome Improvement Noted in the Last Two Days of the Week—Parta Rates of Exchange Ad- vanecing. A Re Cnicago,. July Tnr Bre.)=The me of the Conntry. —~[Spectal Telegram to eling in mometary circlas 18 one of firmness. There is a good demand for lowns from the mercantilo trade. and they are nsking more favors than usual at this seadon, probubly duo to the fact that trade with many of them hay not been as brisk as they expected at the opening of the soason, hence they have been unable to turn over their stock with sufficient readiness to meet their maturing obligations, and they are forced to seek temporary loans to tide them over. New crops will soon move freely, but the flow of currency to the interior has not com- menced, There is a disposition, however, to prevare for it, and country bankers are drawing down their balances here and get- ting themselves in postion to do a large businessthis fall. Rates of interest are firm and 5 per cent is the inside for call loans und Bl ent is frequently asked and ob- taibed. On the strect there is money seeking investmont at low” rates, and 41¢ por cent is the inside ficure. Timo loans ure made at 6@S per cent. The feeling in east. ern markets is firn, and as_tho prospects for cheap money are not at ail fattering, rates are well maintained. Call loans on stock and boud collaterals are made on a basis of 2i@3lg per cent. Reports come from abroad of an advancing tendency in rates of exchango in Paris. This will have a ten- dency to check further shipments of gold from this country. New York exchange was. stondier and rates ranged ‘ot 40 cents discount to par, and closed at par. Foreign exchange was easier and rates o shade lower. A fair amount of bills, drawn against shipmes corn and lard, and also againsy wheat, offered. Rates ranged at #4844 843, Tho New York stock market was duil dur- ing the greater part of the week, and the aggregate volume of trading showed a moderate failiug oft. The opening was weak, with considerable pressure to the entire list, and moderate declines were recorded. Sugar and lead trusts were the wealest properties traded in, and the former declined over 3 points, while'lcad only drop- ped about 1 point. The latter part of this weelk witnessed considerable improvement, both in the tone of the market und the extent of the trading, and the early declines were = more than recovered. London was an 1mportant factor in the market and bought about 75, 000 shares I'néir oporat 8 excreised a de- cided influence in shaping the course of prices and induced good buying of the geu- eral list. News from the west wos mostly “bullish,” operators hero buying quite freely on reports of improved crop prospects in Minnesota wnd Dakota. The sale of 100,000 shares of common Chesapealke & Ohio to the Vanderbilt interost was looked upon as a “bull” card, as it gives the latter party more powor, This also tended to - crease the “bullish' feeling amonyg operators whose tendency naturally inclines that way. Cleveland, Columbus, Cincinnati & St. Louis consolidated - wuas bought froely, and prices advanced over five noints, Hocking valloy, after a_sharp decline, became fraer and regained about ull the loss. The close shows fair gains on most of the list over the prices current a week ago. Bonds were slow, but all choice issues wero held firmly The negreate sales on the Now York stock exchunge for the five days ending Friday, were. 504,000 shares OMAHA LIVE STOUK. less, neoAy, July 2 active and somewhat uneven in prices, being quoted all the way from wenk to strong, nccording Lo the quulity of the cattle offered. Choico handy beeves sold generally stronger, while others ruled sveady as a rule. Butchers' stock was slow and inclined to be lower. Hogs, The market opened steady with only a moderate number on sule, at which basis the bulk sold. Toward the close the market w: easier, especially on heavy weights, The re- ceipts were finally taken, the market closing weak at opening prices. Sneep. | ‘There were noue here to make a market, Receipts, Cattle.. PR Hogs . Sheep... . 1,100 2,700 Prevailing Pri The Hllowingis at1dla of prios paid in this marka £or thy graies of stock men - tioned : Prime steers, 1300 to 1600 1bs. 83,80 Good stoers, 1250 to 1450 1bs. .. Good steers, 1050 to Common cunners. Ordinary to fair cows. . Fair to zood cows... Good 0 choico cow: Choice to fancy cows, heifors Fair to good bulls.. . Good to choice bulls ., Lignt stockers and feedors. . Good feeders, 050 to 1100 1bs. . Fair to choice light hogs. . Fair to choice heavy hogs Fair to choieo mixed hogs, Bhiorn shoep. @4.00 (@350 00 e 400 . 3 @4.10 (@4.05 0 Sales. Av. Pr. 1540 83 75 80 80 S0 Represen No. Av. 10west'ns11 24Texans. 10: Xt 'ce 4 iAW 1. 1840 B.. 1080 20 118 104 20 L LMe L1548 L1200 A S50 1., L 26irasn, 1009 20grass... 158 19........10 2,004 874 150 & b, ..1043 1ULLS, 50 i 1 by cALY . 840 322 STAGS, k) ¢« noes. Pr. No, 885 65, 890 1.....0..16507 1 looiia.. 142 No. Av. oOf b 120 50,0095 60 14 2 B0 5707 200 53..00000 120 55...515 190 [ 160 160 160 Av. of. 248 80 200 50 40 100 00 g8 160 SEEES == +3 SSEREEEST N o7....911 63....201 s, .07 ., L 50..,.199 54.,..891 57....219 80 B9....201 80 0.9 120 Live Swock Notes. E. L. Lewis bro B L ught iu a car of hogs from S e (RE IR IRE 3334 EEEEEEEES BBEE&EES H. P. Chureh, an extensive shipper from THE Plerce, was in witha oar of cattle. Mr Church says that his section of country pro- duced the best crop of wheat this season in many years. Fat stock is pretty woll run out from that part of the country. . R. Wilson, of Gretna, was at the yards this morning. 0. Swenson came in from Chapman with a car of cattle, D. 8, Van Ormes got in from Hiland with a shipment of stock, H. C. Dawson, of Endicott, the shippers hero to-day. George B. Snide came in from Gretna with four cars of cattle. George Wyant cameover from Silver City, Ia., with a shipment J. B, Smiley got back this an extended western trip. J. G. Dawson, of Endicott, was looking over the yards this morning. 1. S. millar, of North Bend, was in look- ing after a shipment of cattle, A. C. Smith had six cars of fat cattle here to-day, Heships from Fullerton. Gus Bradenburg, an_ every-duy Malmo, was here with a car of hoy O. A. Kimmel, a_regalar dealer at Una. dilla, was here with two cars of cattle Thomas Ashton and J. Sample, of Laird, Col., were here with a shipment of cattle. Alex Garrow, well known here, was up from Lincoln shaog hands with nimerous friends. J. W. Price sent in two cars of hogs, Ouo was shipped from Brunning and one from Geneva, ThomasMortimer, a prominent cattle man located atMadison, brought in several loads of cattle. B.F Stilley, a well-known patrsn of this market, was bore from Aurora with two cars of cattle. S. C. Haveo, of Palmer, added four cars of cattle to the receipts and camo along to look after them. Jacob and John Grierson, of Columbus, wore at the yards looking after three cars of cattlo shipped from North Platto, J. K. Burkholder, a well-known Towa pa- tron of this markoel, was hore with a ship- ment. His home is at Woodbine, Ia. i oS A PLEASING OUTLOOK. was among morning from dealer a The Realty Outicok FPromising— Building and Cloarance Notes. The real estato trado has experionced, during the past week. its first. period of dull- ness during the present yenr, The transfers for the week have been light and aimost en- tirely confined to small transactions in out- side property. The only desl worthy of pecial mention waa the sale by J. W. Smith to Nellie MoBride of all ofblock 4 and four- teen lots 1 block 1,6f Wool's place, the consideration being $72,500.. A shrewd observer of the obb and flow of the real estrate trade ventures his opinion that the presont dullness is simply a sort of calm before the storm, and that it portends & sudden change later in the season. Omaha he says, stands too solidly for any falling off in values and 8 soon as this fact is gonerally known prospective buyers will hasten to close deals for whicn negotiati been pending. “A large class of citizeus,” he concinued, “‘have been expacting a drop 1n the realty market and have been waiting for that time to purchase sites for homes. Such ideas are being rapidly dissipated by the revival of salos of suburbau property and @ big business in this class of property may be looke:t for this fall The transfers for the w Monday are as follows: .8 48,440 The Bnilding Boom. Activity in building still continues and nearly twice as many houses are being built v this time last_yoar, Improvements in the outskirts are especially noticed. W. (. Ives is building a 35,000 home on Spring street, near Davenport. Maxwell Hamiiton is building a $2,500 uowe on Thirty-first, near Pacific. F. ickett is building a 3,000 home on 5 th, nepr Charles. Miss E. F. McCartney will build a §2,000 home in Orchard Hill, on Fortoth street, near Garlichs. Frank V. Langpoud wiil build a §5,000 ros- idence at 1412 Williams stroet. red W. Loe will buld a #,000 dwelling on Leavenworth street, noar Twenty-oighth. . O. Brown will build three #2.000 resi- 8 on Leavenworth, near Thirty-first. H. Bochme will build two $4,000 brick dwellings on T'wenty-ninth sireet, noar Half- Howard. H is building & 84,000 frame residence on Nineteenth and Capitol avenue, Michael Donnelly will build two 83,000 residences on Davenport street near Twanty- seventh, ard unother structure on Webster George L, Durbam will build a 85,000 home on Pinkney peur Bighteenth. E. Gilmore is building a 82,500 ninth near Spraguoe. e permits issued for follows: Monday....... Tuesday....... Wednesday Thursday ruday. Saturday. home on the week are as .8 7,550 . 22,900 o 11,300 . 4,000 . 14,050 . 8,000 veee s 867,800 Total........ The Clearance Racord. ‘The bank clearings for the week were as follow: Monday .. Tuesday Wednesds Thursday Friday Saturday 784,008,605 TS ABL 19 47,2191 692,910.00 783,725,100 S41,814.50 Total, Tucrease, 40,4, : THE REALTY MARKET, STRUMENTS placed on record during yostorday. J 8 Johnsou and wife to D H Johnson,lots 1o i and 10 to 12 Llk 2, DIk 1, ana lots 1 to, LIk 4, and Tots 5 and 6, Blk 3, Cone & Johuson's sub, wd e Resen U Sumuel Praynand wife to M ¢ Alilquist, lou 15, bik i, Pruyn park, w d_ ..., J W Sinith wnd wite to Nellle Mciiride, n % lov b aud n % w 3 lot 0, blk L, Omaha, W d, . W G Shriver and’ wite to W i Moniteiti, lot 4, blk 7, Shriver placewd .........,. N A Kuhu tv to B Anderson, lots 16'and 17, blk L, Crofghton helghts,w d ; Samuel Stratton and wite to Samuel D Cox, ot 4 blk 1, Patrick’s add, wd..... N A Kubm, treasurer, to Wm_Poterson, 1ot 7, bli 7, Creighton Heights, w d Miles & Thompson to R C Enewold, 10¢ 16, blk 19, Walnut HiL wd ... .. HJ Priyn and husvand to §'8 “iowiéy, DALt tux 10t 1, sec 10-1-1, Wil ... EA Benson and wife to Olile Luwrenc bIk 2 Briges place, wd ... werii to G N Hicks, lots 6and 7, arthage add, w o J A MeShane toJ B Fenn, lot’ 13, 1k 10, West 8106 Add, W d ... iireiieiaennn, IWelve traustors, AZETeRAUDR. .. ... Bl - No Milllonaire Doctors. A phys in the St. Louls Globe-Democ Yobody ever heard of a millionaire doctor. Some of them have comfortable incomes, but no more. Itis not a money-making prolession, and the same amount of taient and en- ergy devoted to any regular business would bring in far better financial re- turns. Dr. William Hammond has an income of $100,000 a year, and is prob- ably better fixed financially than any other American doetor. He is & very busy man, and will hardly move for less thau $50. I told a friend of mine who was going to New York for treat- ment to get Dr. Hammeond, He sent hig companion to the doctor’s office, but he said he was too busy to go to the hotel, only a few blocks, and recom- mended another doetor across the street. But my friend’s eompanion in- sisted that he "wauted Hammond, and the great physician finally consented to 2o, but gave warning that he would charge 850 for the visit. But Dr, Ham- moud is an exception,” OMAHA DAILY THE SPECULATIVE MARKETS. Wheat Narrow and Without Any Particular Intorest. RWE Biuiy A VERY QUIET DAY IN CORN. The Proviston Trade in Rather a Fea- tureless Condition — Business in Cattle Slow — Hogs More " Active—Quotations. CHICAGO PRODUO! Ciroaco, July 97.--[Spocial Telegram to Tue Bee.]—The market was narrow, uncer- tain and not varticularly interosting. Tho probabilities favored heavy receipts next week, and advices from the seaboard pointed to a good foreign outlet for a considérable portion of them. The limpness in the July detivery pulled December down in sympathy early in the day, but the news toward noon was in the main in favor of the longs, and while July closed 1ie lower than it did on Friday, Decomber gamed lfo upon the previous day's resting price. The markoet is loaded, but whethier for bear or bull to-day’s action did not give a very clear indication. There was not much vim at the ovening and prices gave unmistakeable symp- toms of sagging, and did sag from 7Vio av the start for December to 787gc. July, in the moantime, from 80}gc at the beginning sold down to 79!¢¢ on very trifling transactions. ‘Tho nervous feeling in this month's delivery is byno means allayed, although the short intorest 18 not mnow belioved to amount to much., Hutchinson was still showing an interest in the deal, and it was his purchases—or rather offers to purchase, for there was not much for sale when his brokers bid for it—which prevented a further break. From 78%c for December and 70!{c for July thero was a gradual but apiritless rally to 79c for the former and 801{c for the latter delivery and some subse- quent backing and filling within a 3o range, leaving the resting figures at 70c for July and 793¢c for December. The recent break in prices has resulted in less confident selling, although a further decline is confidently looked for by t.e bears, who stand pat on recent \les at higher figures, expecting heav, ‘eceipts next weok to still furthor fortify the. “osition. To-day St. Louis received 146,000 shels, but the inspection returns there, » well as here, show the effects of the recent wet weather. Out of S7 cars_inspected to-day 37 were graded No. 2. Here, out of 204 cars of new wheat 137 were No. 3. Cables were again on the side of the bears. The English mar- kets were weaker on some improvement in their weather, according to the majority of ispatches, although December wheat ad- vanced from 79¢ to 79}c at one time, on ad- vices from New York that late pri- vate cables received there. This was accentuated a little later by returns of twenty two boat loads having boen bought at New York for export, and by further in- formation—that of twenty-four loads of grain for which freight engagements were made on Thursday last, the bulk of whioh would be used for wheat, In the same connection it was also said, but the saying was not posi- ively vouched for, that freight engagements were concluded for the shipment of 800,000 bushels of new wheat by way of Baltimore. The sudden drop in July wheat at Duluth from 99¢ to 04c caused a momentary sensa- tion near the close, but its effect as a bear ur- gument was somewhat nullitied by an ad- vance in the September delivery in the same market from 82¢ to 83c. The corn market was very quiet to-day and, while there was not much decline, the carly tone was rather wenk. Receints were not much different from what was expect>d, iic inspection being for 492 cars, of which 343 cars was iuspected contract. Specula- tion was very dull, but there were the usual buyers of cash corn, and the demand kept prices pretty steady. The warm, growing weather for crops was something of a_bear feature, but only served to weakon without depressing the market to any great extent. Later, on & good cash demand, prices went up sone, aud at the close sellers Septamber corn was about ic better than it closed last night, and sellers May about unchanged. Oats continued quiet and nearly steady, with occasioual elimpses of activity, though in the main the rogular market was dull, owing to the continued absence of outside trading orders or news of any consequence. There was some changing of July to August at i¢c difference in favor of July, or at 222 and 22150 respectively, while deferred de- liveries were quict and touded to easiness. Recemnts continued fair, and withdrawals from store were smaller, ' No. 2 regular in car lots sold at 221{c. ‘The provision trade was in a somewhat featureless condition. The opening was at prices gencrally under the level of yester- day's closings, and during the session specu- lation was too restricted tooccasion anything more thun moderate fluctuations. The mar- ket was in a slow state, with the outsiders giving it little or no_attention and packers inclined to aliow it to drift at will. Profes- sional_traders transacted the bulk of the limited trading witnessed. Short ribs closed for the day quotably unchanged, while lard showed a not decline of 2i¢@bc and pork 5@0c. For cash delery a modorate amount of lard was sold at $6.124@6.13, of pork at $10.75 and of 16 1b. sweet pi hams at $0.95. Sixteen-pound green hams raoged at $3.373@5.621. Speculative iater- est was again contined to September. which sold at_ $10.05@30.80 for pork, 86.i714@6.20 for lard and #.4734@ for short ribs. Porlk for the same month closed at $10.70, lard at $6.17% and short ribs at August was quoted at a discount from tember of Tige for short ribs aad pork and 10c for lard.”" For January, the only winter delivery in demand, pork sold at $9.90@10.00, lard at $5.05@0.00 and short ribs at $5.00@ 0234, MARKETS. CHICAGO LIVE STOCR. Cuioaao, July 37.—[Special Telegram to Tk Bee. |—Carrie.—Trade was slow and prices rather weak. Everything saleable wentover tho scales, tho general market closing rather weak, with Texans selling 5c lower. Quotations rangod at $3.4024.30 for good 10 choice shipping steers, §2.90@3 45 for common to good shipping steers, $2.60@2.90 for butchers’ stoors, £3.00@2.50 for stockors, £.30@3.10 for Toxans, $2.50@3.10 for feedars, $1.50w2.75 for cows, wnd $L50@3.73 for infer- for mixed stock and bulls, Hoas—Business was fair and prices steady as compared with yesterday. Packers bought rather sparingly and the shipping demand was Lignt, with the Squires party out of the trade altogether. FINANCIAL. NEw YoRk, July 27.—The follewing were the closing quotations : U, 8. 48 regular. 1234 Northern Pac| U. 8. 45 coupons .., 128'y do preferred. U.B. 4igsregular.. Loy C, NoW U. 8. 4135 coupons. | 105 _do prorerrad Pacitc o of " 118 "N, Y.Central, Central Pacific, ... 3% P. D.&B.. Chicago & Alton, ...125 | Rockdsland Chicago, Burlington _|C., M. & St.P &yuiney. ... . 9% dopreferred D L&W, .oe 148 St Paul & Omaha Hliinois Centrail |l 1113% o proferred. L,B.& W,......... 64dTaton Pacifie... Kansns & foxas |2 105 W, 8t L & . 11110 14 Lake Shore ..., .101%| dopreforred..... 28 Michigan Ce:itral.) 8 |Western Unlon...: &4 Missouri Pacitic. ... 60X Monzy--Easy with no losus, closing at 2§ per cent, PRIME MERCANTILE PAPRR—41{@5 per cent, SrgruNe Excmanee—Dull, but eteady; sixty-day bills, $4.85%; demaud, $£57i. PRODUCE MARKETS. CH10AGO, July 27.—1:15p. m. close—~Wheat —Firmer;' cash, 79)0; Sevtember, 77jc; December, 793¢, Corn—Firmer; cash, 36 7-16c; August and ber, 86 1-16¢. a—Steady; cash, 29%e; September, 21%c, Rye—Cash, 48c. Barley—No. 3, September, 63}o. Priwe Timothy--$1. 45 Flax Seed—No, 1, $L33% isky—81.09. Wh % Pork—Easier: cash aod August, September, $10.70, LBl [} August and : SUNDAY, JULY 28, 188).~TWELV Lard—Steady: oash, $5.071¢; Angust, 0,073¢(@5,10; September, $, 1734, Flour—Dull and neglectod. Dry Salt Meata—Shoulders, $5.1214@5.25; short _oclear, $5.75@b.87ig; short ribs, 5. 40@5.50. Buttor—~Unchanged ; creamory, 101 ¢@16c; dairy, d@14e. Cheese—Unchanged; full oream cheddars and flats, 7@140; Youn Americas, 7i@750 Eggs—Unchanged ; frosh, 10@110. Hides—Unchanged Tallow—Unchanged: No. 1 solid packed, 4@slgc; cake, 4150, Recoiots. Shipments. . 17,000 9,000 +108,000 60,000 1219,000 218,000 et e e 114,000 145,000 Uiverpool, Julyi#.—Wheat—Quiet, do- mand fair; holders offer _modorately. red westorn, spring’ T3 4d@7s 5d: red west- ern. winter, 78 Corn—Steady and demand mixed, 48 1}4d. . St. Lowis, July' 27.—Whent — Lowoer; cash, 787(c; August, 7% @7 Corn—Kfiri; cashs #ikig0; September, 3c. Oats—Nominal; ousli, 220 Pork—Dull and lower, $11.25. Lard—Nominal, $5.75. Whisky—$1.02. tter—Nominalj créamery, 14@16cidairy, 1N@ide. 4 Oinoinnati, July ‘9. —Wheat—Dull and lower: No. 9 red, 78@0e. Corn—Firm; No. 3 wiixed, 83c. Oats—Quiet’ but firm; No. 2 mixed, 2@ 2. Whisky—8$1.02. Kansas City, Juy Wheat—No, 2 cash, bid; August, 65c; No. 8 red, cnch, 58c; July, 57ige; Angust, 56c bid; No. 2 soft, cash, 67¢ bid; August, 6bo. Corn—Weaker; No. 3, cash, 950 bid; July, 261¢c asked; No. 2 whito cash, 37c bid. Onts—No bids nor offerings; July, 17 Flour. - fair; new Now York, July 27.—Wheat—Reccipts, 2,200; exports, none; steady; spot firmer and more active 0. 2 red, 881{c in store, EU\f @393c afloat, S9@M08(6 1. 0. b.; No. 8 red, 83¢ bid: ungraded red, 83'g@$lc; options moderately active and higher July, 88c. Corn—Heceipts, 53.000 bushels: exports, 18,000 bushels; spot, quict and weaker; No. 44c in_elevator, 44}y@44iic atioat; No. 2 white, 33c; ungraded mixed, 43@#H}{o; ov- tions dull, weak and lower. Oats—Steady ; options firm and moderately active; July, 37Jgc; August, 28¢; September, 9780, spot, No. 9 white,255@24c; mixed western, 26@20c. Cotres—Optious closed steady and 5 points up: sales, 46,000 h-fi' July and August- $13.95@14.15; Septembor, $14,10@14.40: De- cember, $14.10@14.85; spot Rio, quiot; fair curgoes, $13.25. Petroleum—Firm; United closed at$1.25, Egrs—Quiet und woul; westorn, 13@18}c. Pork—Quict and steady. Lard—Duail and weal $0.50; August, $0.44 asked. Butter—Fairly active; western, 10@17c. Cheese—Quiet and unsettled; western, 6@ic Minnenpolis, July 27.—Wheat—Dull and easy: receipts, 114 cars; shipments, 68 cars, Closing: No. 1 hard, July, $1.01: on track, $1.03: No, 1 northern, July, 96c; on track, 95@%c; No. ¢ northern, July, 8dc; on track, 85@Sc. Milwankee, July 27.—Wheat—Steady; cash, 78%¢c; September, T65¢c. Corn—Dall; No. 3, 38i5o. Oats—-Quiet; No. 2 white, 2815 @20c. Rye—Dull; No. 1, 433ge. Barley—Quiety ; September, 50i40. Provisions—Easier; vork, $1.003g. western steam, LIV STOCK. Chicago, July 27.—The Drovers' Journal reports as follow: Cattle—Reccipts, 2,800 beoves, poor to cho $1.50@8.00; stocke steers, $2.30@3.00; cows, $1.50@2.20. Hogs—Receipts. 10,500; market steady: mixed, $1.20@4.50; heavy, #.15@4.35; hght, $4.35@4.75. Shieep — Receints 2,000; western, $3.60(4.20; mar-, $3.50.0 $2.00@-.00 steady; cows, Texas natives, $3.30@ Texaus, $3.40@ Ransas Uiy, July 27.—Cattlo—Receipts, 2,200; shipments, 60 kot steady and firm: common to choice corn-fed teers, £.00@4.15; stockers and feoders, 81.00@ 800; cows, $1.50@2.60. Hogs—Receipts, 5,700; shipments, 2,500; market _steady, Closiag 8 sitade stronger; luaht, $417)5@4.226; beavy and mixed, 4.05'24.1, National ‘Srock Yards, Hast St Lonis, July 7. —Cattle—Receipts, 200; shipments, #00; market steady: choice heavy native stec, $£10@4.20; fair to good heavy native stoors,' #.75@4.10; stockers and feeders, nominsli" rangars, corn-fed, 2.75(@3.15; grass-fed,, §3.00@?2.75. Hogs—Receipts, 1,300; shipments, 500; market active And steadier; cnoice heavy and butchers, $1.45@1.5); packing, $1.40@ 4.50; light grades, $4.55@4.574¢. Sioux City, July 27.—Cattle—Raceipts, 19; shipments, 93; market steady: fat steors, $.00@350: ' foeders, &2.25@2.60; stockers, $2.0@?.407 \canners_ana bulls, @31.%5; veal calves, $2.00@3.50. Hogs—Receipts, 1.00#; market lower; light aud mixed, $£00@4075c; heavy, $1.025@ 4,10, AL The Eagle Screams’in California. 1t is pleasant to know, says the San Francisco Alta, vhat the Fourth of July had due honor paid it at points far re- mote from vhe great cities, The papers come in with accounts of salutes and processions, Goddesses of Liberty and Angels of Peace, stirring patriotic music and orations. Of all the orations we think that this from one delivered by Mr. Hook, at Concord, takes the putriotic cake: The breath of freedom fills our vai- loys, is wafted to the monarch of nature —Yosemite. Yosemite booms it to Shasta; Shasta bows and reflects it to Columbia; Columbia ripple and dances it to the pines; the pines murmor it to the eternal glaciers of Alaska. The glaciers with tenrs of joy, weep it to the Yukon; the Yukon swells and surges it to the shores of Asin, down through the Indian ocean through the Red Sea, to the classic shores of the Mediterranean, upon the breath of the lotus-laden Nile to the loving Stanley, back on the breath of the simoon to the Kternal City, Mont Blanc catches its song, Switzerlund and France join in the grand chorus. On through the olive groves of Spain to the gates of Gibral- tar it battles and thunders till all Europe wonders, while it flies over the fields of England. Across the Irish Sea it sings a song of hope at the door of the ever down-trodden son of Brin. There the thumb and finger of American science turns the screw that sends it tick! tick! beneath the Atlantic’s roar —fathoms deep! Behold it sits spark- ling upon the finger tips of *Libert Enlightening the World!” which throws it to the far off Sierras. #The Sierras glance it to Diablo; Diablo shimmers it to Hamilton; Hamilton sightsit to the stars; the stars in the Eternal Space sing it to the angels: **American liberty still lives, and shall for all time!” —— e If Only Ho Were Here! H. D, L. in New York World, All through the long, bright summer day, As | lie on the glistening sand, And see the cool waves dashing spray, With seaweed drifting towards the land; Or rest in some sweet, leafy glade, And watch, as through a golden sieve, ‘Phe sunlight filter through the shade, 1 feel that iv is good 1o live. And when—despite the sunset's frown His abdication ever wins— King Phaebus lays his sceptre down And sweet Quoen Dian’s rule begins, 1 sit and watch her silyery beams To earth imwortal radisnce give, No doubting thought within me gleams; 1 koow that it is good to live, But, at last, when from afar ‘The shadowy dusk 15 lpst to sight} When darkness, pillowed ou a star, Lies dresming in the arms of night I wake from thoughts of rapturous bliss, No beart beats warmly next my own, No sweet lips pacted with a kiss; To live! Ab yes: but pot—alone! s —— Cushman’s Menthol funaler, cures eatarrh, beadache, neuralgia, asthmd, hay Fever. Trial free at your druggist. rice 3 cents. THE CRUISE OF THE 10LANTUE From Chicago to New York by Way of the Lakes. AMID SCENES OF RARE BEAUTY. The Straits of Mackinaw and Tb Pictaresque lslands—A Favorite Summer Resori—Thie Groat St. Clair Ship Oanal. An Outing Among the Lakes, Ponrr DArmouvsie, Ont, July 15.— [Special to Tite Bee.]—My trip com- prised traversing lakes Michigan, Hauron, the St. Clair river und lake of the same name, Detroit river, Lake Erie, the Welland canal, Lake Ontario to the Thousand islands, and by the St. Lawrence down past Montreal to the little Canadian village of Soul at the mouth of the Richeliou river, up the water-course to Lake Champlain, down Champlain to Whitehall, taking in Fort “Ti"and Lake George by the way. Thence by canal to the Hudson at Al- bany, and from this point end in a ma- jestic sail down the grand old Hudson to New York, at its mouth. In short, by water from Chicago to New York, the entire distance from Kingston, Canada, to New York, to be traversed in the lit- tle twenty-foot yacht, the TIolanthe, which was to be carried on board the propelior Averell as far as Kingston. If the noisesome and malaria-breed- ing waters of Chicago ‘‘creek’ weoro r pulsive, just in proportion was the agreeable change of Lake Michiran's rufiled surface of azure blue waters as the Averell plowed its surface outward bound. The far-reaching waters of this boundless heaving fresh water: son stretched far away upon every bhand, here and there dotted by the white winged vessels, with an occasional cloud of propellor smoke flonting far up into thin air, the noise and grime, the rum- ble and roar, hot pavements and reek- ing sewers wore laft far behind. A fine moon-lit sea greeted us on the first night out, and together with the captain—a most agreeable gentleman— we discussed and admired the scene in all its varied moods until the stoward appeared and ushered us to the neatest and smallest of cgbins, far upin the bow, and for all the world like a Pull- man car on a small scale. There were two berths, an upper and 1o both resplendant with the whi linen, Early next morning found the steamer in Milwaukee, the city of lager beer, cream buildings and thick-waistod girls. It was with ditiiculty we restrained from flirting with the German lassies who oceasionally cast a langwshing glance our direction. Toying with the affec- tions of a Milwaukee girl is quite a serious affair, punishable by a $25 fine in fuct. It was the afternoon of the second day out when the Manitou islands were sighted rising dim and blue from the waters surrounding. This proved to be the Straits of Macki- naw with their high wooded and pic- turesque islands, showing 2 white and yellow cliff here and there. The straits are about eight miles wide in the nar- rowest portion, but the distances be- tween land are made less by the islands of which there is a multitude. The island of Mackinaw with its fine hotel is the largest. This summer resort is connected with St. Ignatius, a little railroad terminus oposite in Michigan, with u fine fierry boat and the hotel is much frequented in summer by vacation tourists from the hot cities, north and south. Night was drooping her sable wings over the scene when Spectacle Reef lighthouse was sighted on the north shore of Lake Huron. This light was built on a dangerous reef on Lake Huron at an enormous expense by the United States governmet. Its founda- tions are of solid block stone held to- gether by iron rods driven down into bed-rock. 1t is a flash-light, showing now red, mow white, and it wuas a very pretty sight as the darknessgrew denser and its carmine and white began to flash over Huron’s troubled waters. The afternoon of the third day found the *‘Averell” cleaving tho waters of the St. Clair river opposite Port Huron, a busy little town at the foot of the lake of the same name. The St. Clair river which here springs into existence is a magnificent stream some thirty-eight miles in length and together with the Detroit river and Lake St. Clair, con- nects lakes Huron and Erie. The huge craft on which we were pussengers steamed into this deep thoroughfare with speed unchanged and directly was swinging down its broad bosom’ past many a quaint and natty farm house with neat grounds extending down to the water’s edge, with natural docks for flotillas of gail puinted boats. Here and there a sum- mer cottage of more pretentions and modern design stood sheltered by its groves of trees and surrounded by its faultless lawns, while many steam yachts of no mean proportions swing easily at their moorings, giving one an idea of the luxurious lives of their owners. Go- ing up the mast-head the tourist gains muny a fine landseape view of small Canadian homesteads and thriving American farms, with their outlymg buildings and fields, and fat, sleek cat- tle, making in all a beautiful pastoral scene as ever delighwed alover of natuve and an admirer of progress. Some distance below Marine City, of Saline noteriety, the boat came out on the St. Clair flats, and the sight of a steamer plowing through what seemed at that distance a plensant country of trees, corn, wheat and rushes. Gradually the trees, corn, ete., gave wiy u)lmu{ fields of reeds, with ocea- sionally o flash of water showing white among the green, and the lake of St. Clair, with 1ts famous ship canal was reached, This great work consists of two par- allel walls, built in the lake, andis a mile and an eighth in length., It was designed to deepen the water at the mouth of the St. Clair rive), which had here previously given much trouble to lake commerce, The sum expended on this great feat of engineering must have been immense. The earth form- ing its walls was dredged out of the lake and filled into heavy wooden ecrib- bing and the whole surmounted by grass and willows and provided with a light- house at each end. The walls or banks are about twenty feet wide. It requires sixteen minutes as ordainoy by the government to run through the canal, with a penalty of $1,000 for and speed in excess of four miles an hour. Consequently the hoarse exhaust,which had kept up & continuous monotone since leaving Milwaukee, was silenced, and we glided through with scarcely aripple on tho canal’s calm surface. Darkness was once more hovering over the horizon when the brilliant lights of Detroit were sighted [ar off over the low shores of Lake St. Clair. The moon rose silvery and silent over the stilled waters of the lake, and made a golden path of glorious light, in which one might imagine sylphs, farios and nymphs disporting themselves, The long, lazy ground-=swell over and anon would throw up their fungros of phosphorescent water advancing and rotreating like gems of incomparable beauty. The dim white painted stacks of the boat rising ghostly in the scant light. An ocean of silonce around with nothing to break it save the low cn~ donces of some far away lowing cattle on shore and you have the picture to the eyes of the tourists who admired and discussed it. The eloctric lights of Detroit now showp out from a wall of black like din- monds sparkling and flashing in o set- ting of onyx. . The sveed bell was rung as wo glided past sombro warehouses, ocensionally litupon their exposed walls by the light towers high over head,and weglide to a wharf the lines were mado fa nd wo found ourselves in the mos brilliantly lighted ()' in America, “tho city of the strait.” WiLL I, SWEESY. o A Country Road. R, W, Munkittrick in Harper's W Yellow with dust it sleeps in noon Yellow with dust it strotohes far away ; On the mossed-wall the cnipmunks frisk and pla Wheré golden daisies brotdor all the air. Now nature seems to dream 'mid fragranco rare, r summer silence holds unbroken sway, Till round the bend a eroaking wain of hay Comes lumbering dowi the drowsy thor oughfare. Then all is still again; the orchard trees Are motioniess ns the distant purple hills On which the shadows of the white clouds rest When suddeniy the whito-flecked clover scas All joyous trembie, while the bobolink thrills His wildest melodies with THE RAILWAY TIME TABLES. OMAHA. ROUTE.| ekly. ay glare, Pot unrost. Arrive Ouaha BURLING' Leave ‘ Depot 10th & Mason sts ioule Bx.. \ Chieago Ves Chicago Mak. Chicago_Loc 0 r Vestibule 3 In & Concordia Lo'i Colorado Muil . ... Chicago Fast Mail Kansas Clty Expross. Kansas City Express. R obstir sts. Leave Omaha Arrive Omana 3140 pm §:5) pom Black Hills Expross. Hastings & Superlor Ry, Lincoin ¥ Waloo Pass. 10:15 a m| A0 pm David City & York Pass.| 10:13 am| 5:10 p m Norfolk Dhws, Wil am| 500 pm Fromont Pass 3:40 n m! 12:15n0on SIOUX CITY & PACTFIC] A T Leave Depot 15th & Webstor sts.| Omahi | Omaha. K40 A m KD am St. Paul Limited., .......| %% a m| o TGN P M. & O, Leave | ArTive Depot 15th & Webster sts Omana | Omeha *Stoux City Express *Emerson Accommons *0akiand Aecommod Paul Limited lorence Pasacnger *Florence Lassenzer. tFlorence Passenger. . I¥loronce P yssouger: *Daily Except Sunday, Sundny Only i MISSOURI PACLFIC, Dapot 1ith & Webater sts. pm pm am pm Loave | Arrive ~ Omaha. | Omaha. Day Exprosss. Night Express.. C., R.I &P, Depot 1th and Marcy ats. B:0 & m @S0 p m Arrive Omana. 6458 m| 6:0) p m T m, e b m 4:16 pm| 9:3) & m RIS Atrivo Omaha, omuha. Des Moines Accommod'n| Atlantic Express... ... Fast Vestibulad Expros Night Express,. ... .. b | C.& N. W.R. R. v/ [} Depot 10th’ & Marcy sts. Chicago Expres Fast Limited. Dafly *“The Fiyer,” Daily WABASH WESTERN. Depot 10th & Marcy sts. No. 5 8t. L. Exp. Daily. ~ UNION PACIFIC Depot 10th and Marcy sta Dadly i 05 & m Arrive Omaha. Leave Omaba. 2) p m Arnive Omabia 2Qveriand Flyer acific Express. . *Denver Expross. ... .. *Kansns City. Lincoin & Beatrice Fxpross. .. #Grand Islund Express.. apiliion Passonger, *Daily. Dally’ E: copt Sunday. 0., M. & ST. PAUL. Depot 10th and sarcy sts. No. 2. SUBURBAN TRA:NS. Westward. Running botween Council Bluffs wnd Al bright. In addition to the stations mentioned, trains stop at Twentieth and Twenty-fourts streets, and at the Summit in Omans. Omnba | Qopot. Brona-Trans- way. | for, AN, = = South | Al Sheely, Omaha bright. AN A | I a0l 1 7 7 2| EEEEE ELEECES | Eastwara. E e Omana Rrond- Depot. A M. 43| 15 ESESE cezxass Eooesaa: BSES) 13 SEBEEEETES BECSE 2 = 3 . SESHINSSS. 85 crasoosamen~, ZES = 5 Eox-sannessnna EoEesasscesss e COUNCIL BLUFFS, CHICAGO, ROCK ISLAND & PACIFIC, Leave. Arrive. opm D No. 1.... 1 0 #am C No, b am A No. 3 I pm pm A No.id.l...7i1)am NORTHW ESTHEIN, ve0.9:40 a0 No. 7., vees 805 pm No. 8, 240000 02 b N, 6. Al Arains Dasly, CHICAGO, MILWAUKEE & ST, A No 2....9408mA No, 1...... A No. 4.......0:40 pm|A No, 8.0." KANSAS CITY, BT, JOSEPH & COUNCIL BLUFFS. B No. PAUL a A No. 8, 9idh pm 1A No. 1 X CITY & PACK 7:06 am/A No. 9 :00 pm|A No.dl....... OMAHA & BT, LOUIS, 44 pm|A No. T ~ B daiyl except Baturday; C except except Monduy; *fant wail :2 & m CHI THE CONDITION OF TRADE. A Good Increaso In Clearings and Money Reported Basy. GENFRAL TRADE CONTINUES FAIR An Effort Made to Bear the Looal Anthracite Coal Market— Havana Leat Tobacco ~General Notos. ocal Trade Circlos.. . manager of the clearing: house, reports the clearings for the weols onding July 27 at $1,528,961.7%, an fnereaso of 40 410 por cont over the sume paktlod Inst year, Bulancos wero $1,657,211.58, and bankers gonorally say that the money: murket {3 very casy, and primo morenntile: paper is in demand at shaded figures, Goneral trade continues very tair for the sonson and orders are liboral, both by mail and from salosmon on the rond. Colloce tions, however, do not show uw so well, and the country is somoe wheat behind in this respect, but not seric ously 80, und an improvement is confldently: wnticipatod as soon as the small grain oropss are harvested. Prices are stoady, thougte ugar shows & further decline, and granus Iated may be quoted at § conts. ‘e Cozzens house property was sold yes+ torday by Mr. J. D, Tlor to Dr.J. W. MoMen« amy for §H,000 spot cash, The price is cone sidered a low one and likely to net the purs chaser a handsome profit. HAVANA LEAF TOBACCO MARKET, Leaf—Tranquility hus been the provailings fenture of this week's market. The prediss Position on the part of buyers against the. new Vuelto Abajo leaf scoms to be increas— ing, the goods are not lked and although the Partido tobacco from the present growths has given much bettor satisfaction, boths as regards condition of leaf and good! burning, shippers constain from overas ting, owing chiefly to the poor assortment! of really good wrappers containedi in the lots that aro being offered for sale, All< ers not being wanted just now. Aboup sixe hundred bales of new crop of Romedios havo: mado their anpearances thus -far, and to judgo by them, all the expectations entor- tained in regard to tho leaf raised in this part of the islund more suitable for the Ger- man markets are now fully upset. The to- baceos in question have pionty of gum, and in fact the capaduras promise to turn out equal if not superior to thbhse grown last soason. The Remedios crop is said to have turded out very large, say about sixty thousand bales, and about half may he iooked for tos suiv the United States trade. This will prove a great relief to shippers for said mar- ket, since bo*h Vueltas and Partidos may bo considered this soason s not existing ut ail on account of their light quality. Cigzars— Absence of orders is still com- plained of by mavufacturers, and the pres- ent monotony in the trade has only been in- terrupted by some small strikos in variouss factories, promptly settled, nowever, to thes sutisfaction of all parties concerned. The tobaceo crop of Sta. Clara is expected! to_add up this year no less than 20,5000 onles, I'he picking of tobacco has already coms menced in the district of Sagua aud the qual- ity of the leaf is suid to be in general quite: pectation tain regarding the prices to be ob- d for their tobucco crop, which seemss e turned out. of excellent cluss and. NOTES. K. Armshy, of Chicago, in his last reular has 1o say: Canned corn is booming. The packers of! n inthe west are .strengthening their us for futures, prices having been ad- vanced 10c per dozen during tho last two weeks. Mr. Charles McCormick, of this city, has bought the 300.acro stock farm of Judge Konnts, near Calhoun, Neb., and proposes to putina half mile track and further de- velope the property. 10 Junuary 1to dute the exports of gold from this country have amounted to 356,73, 1. For the same period in 1888 they reached 3,527 in 1887, $10.8; 03,514, und in 1885, $16,470, We congratulato the jobbers on the posi- tion they took this year in not buying futures, and we believe that their canned goods do- partment will show a far larger profit in 1559 than 1t showed loss in 1858, ihe Spreckeis (Philudelphis) sugar re- finery. cabacity 4, 00,000 pounds per day,will commence, operations about Septemberyl next. Ihe general opinion is that it will be gobbled up by the trust monopoly. Advices_from Camfornia continue very favorable for the crops of raisins and prunes, the carly estimates of about 1,000,000 boxes of the former and 15,000,000 1bs of the latter yet standing as the oxpécted yield of these two important urticles, Gold coin_and bullion in the United States treasury foot up £303,912,878; silver dollars and bullion, logal tendor, #46,- 452; goid certificates in circulation, $131, silver certificates in circulation, 5; currency cortificates, 310,87 I'he merchandise exports from’ this try for the last twelve wmonths ‘exceeded those of the corresponding period preceding by about $45,000,000, more than two-thivds of this increase being sccounted for by tho larger exports of raw cotton, beef, hog und dairy proaucts, and live ammals. A local dealer is making an effort to bear the Ruthracite coal market by taking orders for future_delivery, to be paid for in-ad- vanee, at $3.75 and $.00 per ton—a cut of 50 cenis—but it might be well for intending purchasers to require security that tho ries will be made as agrocd and tomatoes ar especially the former. The acreage of corn planted in the western cireuit in 1880 was about 10,000 acres, against over 22,000 last yeur. T'he stock of old cora is beginning to ket whittled down to very small proportions in flrst hands and priccs are steadily ad- vuucing. The mackerel cateh does not ording W castern advices. No. yeb made their appaarance. No. At #22,00w24.00 and No. 8 8t §15.00020.00. ‘There 18 some movement in the Irish mack- erel. The imported fish, it is true, ave very lean, “but in- other respects they are doing quite well.” The latest agricultural that the census crop of whent will be grown upon about 48,654,000 acres, against 5,430 years 4go, @ gain of loss than 10 por cent. The area of corn has iner 1 froim (2,000, 000 0 77,000,000 , the oats urts from 16,000,000 to 25,000,000 ucres, and the dotton from 14,350,000 acres wen years ago 10 0,000 acres, As the season for the packing of vegeta- bles approa the best evidonce of the papective packs are the orders for cans 1 with the wmonufacturers, coraing 1o the New York Bulletin, has been investigated by uprominent house in th ie, and the resuit is that they find the proportion 13 31b tomato cans o 1%lb cori. From this it would appear that packers had determmed to put up very little corn the comiug season Rio coffec is pretty sure to sell _Lowar and purchasers are waiting for thé expectod drop. ‘The new crop is estimated ab 4,000,000 bags. I 1o this we add the 1,700,000 higs of old coftee, it makes 5,700,000 ' bags, which is ouly 1,127,000 bigs less than the receipta for the lust year, and this is more than com- pensated for by the increase in the woi visible supply. In other words, if the new crop is not underestimatod the supply w be large enough to mect the world's con- sumptive requiroments and yot leave stocks king Dbetter, improve uc- 1 have no are solling reports indicate .t the end of the year larger than thoy wero Jue 1, 1858, The wholo trouble in_this drie anned goods business lays in & aut Che entire product noeded for & yoar's ‘con- sumption is produced in about ninety days. 0 0uo has got 1 curry it for the ensuing mine months, If the packers would only realizo tuat if they have 8 good artivie and not too much of it thut the trads, if they can buy it us they want it, will gladly pay them o good price for it, and lot their country banks Carry it instead of the jobbers, thres-quar- ters of the battle woula Lave been fought, nd it would very lurgely settlo the question of overprodiction.