Omaha Daily Bee Newspaper, August 25, 1889, Page 15

THE CONDITION OF TRADE. Bankers Report Very Little Ohange in Local Finances. SUPPLY EQUAL TO THE DEMAND. Indications That Money Will Becoms Scarcer in the Near Future— General Trade Good and Collections Fair, | 1n Loeal Trade Oircles. Bankers say there has been very little change in the finauncial situation the past Week. Tho supply has been equal to the de- mand, which has been good from both city and country, showing increased activity in trade. Indications are apparent, however, that money will be scarce and hig her in the near fature and our banks expect to begin ro-discounting next month, when rates will stiffen up, The crop demand began earlier this year than usual and crops are heavier than last year and business better, so that it is well to remember these facts and make due preparation, though that there will be any undue scarcity of loanable funds is not now anticipated, General trade is most excelient and jobbers ‘without exception report largely increased sales over last year, Collectiong are good, ‘better than could be expected at this time, and prices are fairly steady, 8o that the com- mereia! situation 18 thoroughly comfortable. The home produce market has been very active and butter andeggs are firmer with poultry scarcer and in good demand. The failure of the Western Casket Com- pany, a wushroom concern founded upon wind, affects but a few of the more recent recruits among the stockholders only who put their money in and investi- gated the standing of the outfit afterwards, findingthat the assets wero chiefly on paper. Itis to be regretted that such concerns should receive the encouragement and en- dorsement that was afforded in this case, as the failure reflects more or less severely on legitimate firms engaged in manufacturing here, and which, while they have a good working capital, need, as all business men do, more or less credit, and it 18 to be hoped thatin fature no enterprise without at least sufficient means to erect its plant shall re- ceive financial assistance and encourage- ment from the citizens of Omaha, The Dierk's Manufacturing company. the Western Casket company and one or two other light weight concerns which have farled have cast more of astigma on the manufacturing interests of this city than is pleasant or agreeable to feel, and a very little business-like investigavion on the part of the citizen promoters of any of these swindles would have prevented their loca- tion in our midst to the detriment of the - commerciul status of the city. ‘The clearings of the associated banks of Omaha for the week ending August 24, as reported by Mr, riughes, the manager of the clearing iiouse, were $3.764812.03, an in- creuse of 24 2-10 per cent; balances were 008,453.25. Chicago Tribuve: The movement of the crops and the consequent iucrease in busi- ness nctivity in the west is generally re- ferred to by the New York papers as the chief cause of the lessened bank reserves and increasing fAnancial stringency in the east. But it is admitted that within the last few years the west has daveloped at_ability to carry through the financial operations in- volved in the crop movement with but little recourse to the eastern reserves, and espec- ially so since the establishment of central reserve points in the Missirsippi valley. It does uot appear that the present low ebb of surpius funds in New York 1s treaceable to a * direct drain of any considerable magnitude Jby this section, though the south is drawing ‘on thut city at an earlier date in the year than usual. The relative ease of the money market here can scarcely be explain >d otherwise than by reference to the fact that vast amounts of eastern monoy have been sent out west for investment in the hopo of obtaining better rates yhan it would earn at home. It has moved rather in response to a pressure behind the moving volume than be- cause of a partial vacunm in front of it, and the pressure has recently been so great as to cause tewporary scarcity at the home of the eastern capitalist. It is said here that the New York balances of Chicago banks are not. materially less than they were iu the early part of the summer. Tho splendid crop prospects begin to have their legitimate effcct upon the prices of ‘breadstuffs and provisions. Hogs have de- clined this week 20 cents per 100 pounds, lard 12 cents, and pork 50 ceuts per barrel: oats and corn halt a cent each, the latter with sales of 5,000,000 bushels, and wheat has declined 114 cents, with sales at 7,500,000 bushels here. The speculative movement in wheat has beon defeated by liberal re- ceipts from the farms, and when the farmers mérket freely carly in tho season the pros- pect for fall trade is excellent, and monetary pressure is not usually of 'long duration. The iron and steel business apvears still more encouraging, but the rapid in supply renders consumers more a8 to lower prices, Secretary Windom's confldence that bonds would be offered freely in case of an advance in the rates for money appears to have been justified thus far, the offerings and pur- chases this week having been quite liberal. Buv the treasury nevertheless holds §2,000,000 more cash than it held last Saturday, and, a8 has been explained, bond purchases do not put much money at the right spot to meet commercial needs. Happily foreign trade at present threatens no drain. The business failures number 206, as com- pared with a total of 213 last week, and 201 the week previous. Ior the corresponding woek of last year the figures were 214, MAHA LIVE STOCK. Catrle. Sawnrday, August 24, -day’s, toall purposes, was a repetition of yesterday's market, only a little worse, The morning passed without any business being done orany trading to make a market. The dressed beef operators were aunouneing that they would not buy a bullock unl they could get a reduction of 15¢ from yesterday's prices. A small buuch of dry-fed beeves brought §3.75, and some pretty good 1457-lb beeves $4.15. Tho other sules of natives ranged from §3.00@3.75. Quite a string of rangers sold at $2.60. The market on cow stuff was also flat, and the buyers were show- ing a determination to buy them lower or let them alone. As showing the feeling on the part of buyers, a buyer remarked that they had been paying $1.75@2.25 for cows that had been selling in Chicago at $1.50@2.00, and that there had got to be a come down here. Native cows sold at $1.65@2.35, and a fow westorn at 81.70. There were quite a good many stockors and feeders in the yards, but the market was siow and lower, in sympathy with the market ou othor cattle. A few head 205 and some Hogs. Hogs suffered a still further decline of 50 to-day, and although the market was weak and there was no snap to the trade, the pens were cleared in good season in the morning. The packers are bears, and have been for some time, and they do not lot slip any op- ortunity 1o depress the market. They have n talking $3.50 for hogs, and declaring thut they would soon buy them that way, and it is evident that they do not care much for them 80 long as thoy are above that figure. The only apparent reason why hogs are not selling at that price now is that the shippers are in the market. When the whole strength of the trade depends upon them it 15 only natural that the market should very bad on days when they have no orders. In that way hogs that are as good as any in the yards have to be sold at a low rrlce ir the sbkippers do not happen to want them, Sheep. ‘Tuere were a fow Colorado sheep on the warket, which changed hands at $3.65. Receipus, Cattle.. , Prevalling Prices. _m followidgis atable of prices pyil in this market for tho grilss tionea: Prime steers, 1300 to 1600 1bs. Good steers. 1250 to 1450 1bs. . Good steers, 1050 to 1300 1bs. . Common canners. .- Ordinary to fair cows.. Fair to good cows Good to choice cows. Choice to fancy cows, h Fair to @ood bulls, . ... Good to choice bulls .. Lignt stockers and feedes . Good feeders, 950 to 1100 Ibs.. Fair to choice light hows.. Fair to choice hoavy hogs Common to fair heavy hs Fair to choice m @3, @1.75 (@1.85 (@2,00 (@240 (@380 (@3,00 (@220 (@275 @300 @3.90 (@ @3.60 @3.80 Representarive Sales. STEERS. Av. Pr. 1117 8 00 810 39 8 85 165 177 180 185 100 19 15 23 3 FREDERS, 200 18.. 250 DULLS. ) CPPTR 1220 1 50 WESTERN CATTLE. Owner No. 1 steer, range stray: 1 steer, range stea; Wasateh Cattle Co— 21 feeders. Laramaie River Cattle Co.— 118 feeders, Wyoming.. 1,130 Chamberlain & Doty.— 63 steers, range Wyo... 1,136 44 steers, range W3o,.. 1,139 Illinois Live Stock Co.— 014 $40 Av, L1820 & +.. 1055 81 cows, range 1 cow, range’. ... OGS, Shk. SgEEET EEE & 80 120 SHEEP. No. 112 Colorado wethers..... 115 Colorado wethers. 114 Colorado wether: Three Months' Range. howing tho highest and lowest brices d for londs of fogs on this market on_tho days indicated during the past three months: June, 100 395 @410 40) @4 10) @4 Sunday 89 @4 10 @4 i} 370 £ 380 @ 400 n @ 400 @ 405 2| 360 @39% Live Stock Notes. J. .. McDonough & Co. sent in stock from ord. J. T. Deacon came in Cordova. «R. A. Morton came in with a shipment of hogs from Henderson, T, William Walsh came in from Merna with hogs. C. J. Furer, of Fairfield, had a shipment of Togs here T, B. Irwin had cattle here from Govdon. A. Peck brought down two cars of cattle from Woonsocket, Dak. Kelley, of Republican City, came up of hogs. S.J. Morris had acar of butchers’ stuft on the market from Papiilion. J. P. Bastian came in with five decks of steep from Merino, Colo. Lee Oldham, & prominent Cass county stockman, was here looking for feeders. D. 8. Kinsolia, au extensive dealor of Pan- ama, Ta.. was over with hogs and cattle. E. P. Blaisdell and John Sullivan were over from Hamburg, Ia., looking for feed- ers. with hogs from ———— CONSERVATIVE OAPITALISTS, They are Becoming Possessors Omaha Realty—Buildinz Notes. “The greatest surprise that has been af- forded Omaha real estate dealers for years,” said a broker yesterday, ‘camo the other day when the Hon. A. J. Hanscom walkod down the street and paid $30.000 in cash for for twenty-two feet on Farnam street, near Fifteenth, occuvied by Mueller's candy store. Hanscom, you must remomber, has been bearing the real estate market here for sov- and has boca among the foromost of those who cried that a fictitious value was being placed on property. Well, ho made a wip a few weeks ago through the west, and camo back convinced that he had been 'mis- taken all theso years. He found Den- ver, Seattlo, Tacoma and Kansas City property held at a much m’;ner figure than Omaha realty notwithstanding tho fact that the chances of these cities for futuro stability und greatness cannot compare with Omaha's prospects. He has commencod buying instead of selling property and his example will be followed by more of the con- servative capitalists.” Among the prominent transfers for the week ure the followin, V. E. Bender to Fred Suche 1§ of lot 5, block 4, Jetter's addition, §11,300; 8. G. Snow to A. C. Ayers, four lots in Wise and Parm- lec's addition, $10,000; J. W. Ganvett to B, W. Gannett, half of lot 2, block 124, $10,000; W. L. Beard and wife to John Riley, two lots in Hillside, $5,500; W. W w C. S. VanCamp. 3§ of lot , bic £,500; O Wallender three lots in Dundee place $13 of Tho dealings in reaity for the week total as follows: Monday Tuesday Weoduesday Thursday Friday 42,800 Saturday .. 34,830 Total...... ¢ BI84,477 The Bmilding Recors The number of first class residences that are beiog built is something remarkable, For the past two months the permiis for resi- dences to cost $3,000 and more bhave been greater than was ever known in the history of the city, and there is no failing off in the number. Among the permits 1ssued for the past week were the followin, Ida G. Wakefield, two story dwelling, Thirty-first near Pacific, $3,000; Jerry Ma- honey, brick store, Thirteenth near Leaven- worth, $3,500; C. ¥. Lucas, church, 2415 North Twenty-fourth street, $3,500; Omala Motor Railway Compauy, car house, Twenty- fourth near Commercial, $4,000; Ella Juste- son, framo residence, Twenty-fifth near Grover, $3,000; J. L. Gideon, brick store, 2728 Lake, $3,000; L. H. Mickel, residence, I hartieth und Half Howard, $3,500; Peter Goos, residence, ‘Thirty-first aond Goos, $,000; 5. J. Wren, frame’ residence, Thirty- first and Mason, 000; W. C. Noonan, brick stores and flate Twenty-fourth and Farnam, 20,0005 Amos Phillips, eleven framo dwell: ings, Corby near Thirty-fifth, $22,000¢ M. Donnelly, frame residence, Thirty-ninth and Farnam, §,600; B. Riley, six frame res:- dences, Twenty-ninth ave near Farnam, 1,500 each; Peter Winahoim, additional story to store, Jones near Thirteenth, §3,000. The permuts for the woek were as follows: Monday. 818,800 Tuesday. + 11,400 Wednesday. W e 2010 Thursday . L. 40,050 Friday e 22,000 Saturday . 56,100 e S18,700 ——l WHEAT AND CORN UROPS. Government Rapart on the Outlook in Nebraska and lowa. WasmisaroN, August 23.—[Special Tele- gram to Tie Bee.]—The following are the roports from the countics in Nebraska upon thecorn crop prospect: Wheeler—Between two and three weeks later than usual; damaged some by hail and wind on July 18. Keya Paha—The indications are in favor of the finest crop raised within five years. Antalopo—Still very promising, rapidly earing and 18 strong and healthy. Burt—Looks fine; some complaint of worms in root, but it 18 too early for tho effects to be seen. Clay—Promises to be the heaviest orop in years, but is about eight days late. Dawson—Never looked bewter. Gage—Neover a better growth than i July, owing to favorable weather. ; Lancaster—Much benefitted by the rains. Lincoln—Fine, owing to recent rains. Nance—Will be a big crop wnere well tilled. Thayer—A flattering prospect. Waebster—Best ever seen, York—With good season will be one of the largest crops ever raised. Blaine—lkxceedingly gond and earing finely. Colfax—Advance held fast by July rains. Fillmore—Badly damaged on level lund by rain. Greoly—Much destroyed by a most de- structive hail and wind storm July 18. It will be very late and liable to ruin by an early frost. Holt—Never better prospect; good for a large crop. nox—Will be a big cron. Hall—In splendid condition. Hamilton—Some ficlds were injured by rain; had more than a foot of water in July. Brown—Will be the largest crop ever grown here. Dawes—Looks well, but is late. Kearney—Looks fine. Madison—Large acreage and looks fine, except late planted, which is two weeks be- hind. With a favorable fall it will be the largest crop ever raised here. Seward—A little but back by rain, but excellent condition owing to late rains, and without an early frost will be the largest crop ever raised, Hayes—W Will probably be the largest crop ever raised her Loup—HBest prospect ever known. Platte—Looks exceptionally fine, and with a fair season will be the largest crop ever raised. Late corn is advaacing finely. Sioux—Improved on old ground by July rains, but will deciine on seed land from drought. Furnas—Two weeks late from cold May. A heavy crop 18 in prospect owing to a wet July. J0WA CORN. The Iowa agents report as follows: Fremont—The prospect was never better. Humboldt—The outlook never was better. Lee—Grew so rapidly owing to excessive raiu and hot weather that it lacks woody fibre, so that aiittle wind 18 enough to break it off. Black Hawk—Looks well, but is rather late, and entirely dependent ou the weather in the next forty or fifty days. If favorable the crop will bé full, Bremer—Making rapid growth. Lucas—While there are fields that were un- injured by frost, much of it was retarded. A late fali may give it time to mature. More than an average of wet, cloudy weather also kept it back. Sac—A little late from cold spells early in the season, Appanoose- and season. Howard—Growing steadily. The stand is not extra, but the condition is above the average. Butler—Needs rain. Chickusaw—A little too dry. Greene—Better than tho average. Marion—An immense crop indicated, some carly pieces now in roasting ear. Tama—Looks and earing well. Washington—Doing well, some fields not showing as heavy stalk growth as in other years, but eariug finely. = Winneshick—A wonderful growth in Excellent, owing to good rains Late from cold nights, pros- pect unfavorable, and will be a short crop unless the weather becomes favorable, Calhoun—Never looked better, good stand and earing woll. Cerro Gordo—Some fields were totally de- stroyed by hail July 13, Clark—A full average. Clinton—To0 cold. Decatur—I3est in twenty-five years., Guthrie—Reduced Dby late frost in May; some replanted on low lands better than the average on upland, With good weather for whe next six weeks we will have a good crop. Jackson—ILooks well, but is ten days late. Jones—Late, but improved very much in July. Without early frost it will be an aver- ag Kossuth—Better than an average, except in spots cut by late frosts. Those piaces aro very backward and will cut down the aver- age fully 5 per cent with a favorable fall, but an early frost would ruin late corn. Mahaska—Never looked so uniformly well. Marshall—Did remarkably well i July, and promises to be a heavy crop. Mills—Advanced by abundant July rains. Monona—Somewhat imbroved siuce last report. though July was too wet. Winnebago—Too dry for corn, sceola—Growing well since rains came. Page—All in tasel; earing well; ggrowth heavy. Worth—Suffering from drought, 10WA WILE AT, The wheat crops are thus reported fo Towa: Lucas—Improved by cloudy, wet weather. Howard —1'irst crop n many years unaf- fected by chinch bugs; is a little light here and there, but the main crop is better than the average aud mostly all harvested. Tama—Little of it, but good. Winnesheek—Never better, IUalIloull—:iulendid; good in amount and xind, Guthrie—Very good in some secti ons, but some is m rusted., Sionx—kair to good: would have been ex- cellent but it ripened prematurel Page—Did well until July 15 when a heavy rain knocked it down; will scarcely be balf a crop. Poutawattamie—Damaged by heavy rains. NEURASKA WHEAT. Hamilton—Mostly cut before too wet. Kearney—Some has been ripe, but the weather has been too wet for harvest. Madison—Mostly out, not a big crop, but good of quality. Nuckolls ~Damaged by black rust a short time before harvest, Hayes—Injured by winds; harvest delayed by excess of rain. Loup—Best in three years, Sioux—Reduced one-third by the June drouth, Furnas—Will not be an average crop. We had a dry spring and summer up to July 8; hot winds July 5,6, 7, shattered out hun- dreds of bushels of wheat. June drouth and heat ripened it fairly two weeks sooner than usual. . Hitcheock —~Damaged by hot winds, July 5,6,7. Less than the average. Cherry—Suffered from hot winds, but re- covered under good rains later; 18 now u good average, the best in years and nearly harvested. Clay—Considerably damaged by late beavy rains; 5 per cent could not be cut on low, wet land. Dawsou—Hadly damaged and is not all cut yet, Lincoln—Hot winds and drouth from June 27to July 10 caused a great deal of smut. Laute wheat was much improved by recent raius, Lancaster—Much damaged by excessive rain, Waebster—First class. Wheeler—Damaged to a large exteat by wind and hail July 18. Koya Paba—Remarkably fine prospect up to the first week of July, when the extremely l‘m weather came, causing it 0 ripen too- ushy THE SPECULA®IVE MARKETS. "W et Wheat Rather Hasler With Price Changes Fof-’%a ‘Worse. Sy NARROW LIMIT T TRANSACTIONS Fine Weather For Growing Oorn Oanses Woaknfls'in That Cereal —A Slow Dag4h Provisions —General Quotations. CHICAGO PRODUCE MARKETS, Cn10aco, August 24.—[Spocial Telegram to Tne Bee.l—The wheat market was rather easior in tone and prices underwent some shight changes for the worse. The weather throughout the west is superb and the for- ward movemont from farmers’ hands s on the increase. [t is not suficientiy liberal, however, to cause any important augmenta- tiou of stocks, as shipments help up very well. One of the pieces of alloged news started on the rounds early was a summary of the estimate of the world’s production of wheat this year by the Bradstreets’. By this estimate it is made to appear that the United States, Canada, England, France, Italy, Spain, Belgium, Holland and Algeria have 154,000,000 bushels in excoss of last year, and Prussia, Hungary, Roumania, Gormany. Indgia, South America and Australia 166,000,000 bushels less than last year, making the total world’s production 12,000~ 000 bushels less than last year. Speculative sentiment leans in a friendly way to lower prices in near futures, whatever the final outcome on the crop may be, and it can be said truthfuily that three out of four bulls would not sariously object to seeing values g0 lower at the beginning of ®the year, feel- ing that if a cheaper crop starts in healthier and stronger, the market will be on its mer- its as the season advances. Operations in the pit were not on a large scalo and at times business was exceedingly dull. The bears are getting rather more courageous as they discover that they do not encounter concert- ed opposition, The range of prices to-day was narrow. December opened at 77(@77i4o, sold off to T7{@773o, up to T7H@773{o, back to 773{c, up to 773c and down again to 771{c. Towards the close the price went to 77c and closed only 1-16 above that mark at 77@77 gc. September opeued at 76lc, ranged at TH@ c and closed at 76c. August started off 763{@77c and closed at As compared with yesterday, the closing quotations show an average decline of I{@3c. In the cash market one notable feature was the poor grading of receipts, only 43 cars out of 234 passing as No. 2. There were buying orders for considerable lines of wheat, a majority being at limits that prevented them being filled, though late engagements for 163,000 bushels shows that an actual business above the average was trausacted. Fino weather for matyring corn was again a weakening factor af'the greatest potency in thav market. It was aided by heavy re ceipts, present and prospective. The esti- mates in advance on'Monduay's arrival were placed at 1,030 cars, ‘The market opened active, weak and with considerable pressure to sell, September being freely offered at 84Y4c. The weight ‘of the offerings soon broke the price of September to 837¢c, and after the first rush of 'selling it had’ a light reaction to 34c, hanging around that figure for the balance of thé' day until about the close, the last auotations beng 8375@34c. Oats were lower today and fairly active. Too many are coming in to allow any strength, with- 390 cars posted today and somec. 450 estimated for Monday. A fair demand existed, but with weakness in_corn huyers reduced their bids and May sold_down 5o to 20ge, while- September touched 19%e. “A good trade was done in No. 2, with Angust declining from 23c to 221¢c, and next month sold from 23c to 221gc, with October held at 23¢c. No. 2 oats to go to store sold at 20c, with bids later re- duced a fraction. Oats arriving on the Santa Fe were salable only at a discount to-day. In the provision trade the day passed ratoner slow. In pork an effort was made by ‘Wright and others known to be short to depress September and October futures, but aside from this there was no feature in the market. Traders of all clusses were conservatively inclined and only limited fluctuations marked the course of prices, In pork the range covered was con- finea to 71§ «12}4c, in lard to e, and in short ribs to 5@iife. ‘The closings, however, were very generally at or near the outside figur and, as a rule, higher than those of yester- day. The day’s actual changes showed an advance of 10c on September pork, e on September and October short, ribs and Octo- ber pork, and 240 on September tard. Jan- uary lard and short ribs were unchanged, while January pork declined 2!gc. CHICAGO LIVE STOOR. Ci10AG0, August 24, —[Special Telegram to Tue Bel ~—The run was large, with 2,000 The na- tives were made up of rough and eommon steers and low grade butchers' stock, with here and there aload of fair to good steers, and about everything in the native line was sold out early. The big run of Texans had a depressing effect on this class, and it was uniformly admitted, both by sellers and buy- ers, that prices on good Texans were the lowest for the season, and nearly as low as at any time in the history of the trade, Nothing was doing in stockers and feeders, Choice to extra beaves, $4,25 good steers, 1,350 to 1,300 1bs, 83,80 0 1850 1bs, £3.60@4.105 950 to 1200 | @3.50; stockers and feeders, $§ cows, bulls and mixed, 8160w bulk, $1.25@2.1i exas cattle were dull and lower; stockers, .82.00@2.90; cows, 160 2. vestern natives and half-breeds, $3.00 Hogs—Trade opened slow and weak, the bulk of arrivals selling at 10c lower, with common and rough packers going as low as $3.40@3.60 and best at & w3.80, with a few fancy heavy at $3.90@4.00. Toward the close, however, there was a better demand; in fact one prominent buyer, who is also a “chronic” bear, had to flil his order atan advance of 5@L)c over what he could buy at in the morning, Light sold largely at §.50 (@4.65. About everything was sold and the market closed strong. NEW York, AugustPio—|Special Telogram to THE Brg,|—STOCKS-4There was anothar unfavorable bank statémént to-day, the re- sorves being further decreased by 1,280,000, The statement had “little or no effect on stocks, and at noon, though business for the half duy reached less”than 60,000 sharcs, there was a very fair and uniform upturn in prices. Gossip last night indicated a general belief that the decline swas at an end, and that on the whole it woyld prove a healthful reaction, It was conceded that Chicago par- ties again incroased tigir holdiugs on the nurrow markot of Friday, and that stocks of all kinds were iu stronger hauds and will be held for greater profifs: The opening this morning was quiet, with first figures from 15@3 per cent over the close last nignt. ‘The general market, however, was positively stagnant and many of the stocks recently prominent in dealings were entirely neg- lected, on St Paul and Lackawanna of the regular list and Cotton Oil acd Lead in the unlisted department showing any real ani- mation. ‘There were further slight advances in early trading, but late in the hour the course of prices was again turned downward and Richmond & West Point developed marked weakness, retiring to 213 from 22, and most of the rest of the list were carried down to slightly below the opening prices, The hour to 120'clock was marked by fair strength, and in spite of the dullness the gains for the day at the close ranged from % to 5 per cent in trusts, coal stocks and grangers. The total sales for the half day were 54,000 shares. The following were the closing quotations : 128 Northern Pacific.. 3) 128 |do preferred. ...... 1050, & N, W 106%| Ao prererre 1185 NV Oentral Central Pactfle. ... 8¢ R Chicago & Alton. ... 123 Chieago, Burlin C., M. & SE.P. &Qulnoy. 102%] Qo preferra » 145 |8t Paul & Omal 115 do preferred. 914/ Unlon Paclflo 115 W8t L. & P, .y dopreforred Michigan Cetitral.. &8 °(Westera Union. Missouri Pacifio.... 09%| Moxer—Easy at 21§ per cont. Prive MseroaNTILE PArsn cent. Srenuiyo Bxomasor—Dull but steady; sixty-day bills, $4.81: demand, $4.57. B.& W, . Kansas & Tox Liake Shore. T sN 51§ AT por Mining Stooks. New Yok, August 33, —[Special Telogram to Tim Bes. | ~The following are the min- ing stock quotations v ‘Ml‘!h‘ n... 3 E Mutual, Crown Polnt .. . Ontario. Colorado Con Ophir, ... Commonwealth. . .2 \Ocelaental Deadwood T, . {Piymouth . Enreka Con.. Savage, Kl Cristo. ... Sierra Ne Gould & Car nion Consol Hale & Norcros: Ward Consolida’d..180 Horn Silver. Yellow ckot. ... . 305 Tron Silver PRODUCE MARKETS, Chicago Markots. Cmigaco, August 24.—1:15 p Wheat—Lower; _ cash, 703{c; 76c; December, 77 1-16c. Corn—Firm; cash, 83703 83 15-160; Docomber, d335c. —Lower; cash, 200 3 December, 20 3-16¢, Itye—Cas, 423¢c. Barloy —Soptomber, 43ge. Prime Timothy--$1.40@L 42, Flax Seed—Cash and Septembor, $1.96. Whisky—$1.02. Pork—Firmer; cash and September, $9.60; January, $9.10. Lard—Steady; cash and September, $5.923¢ @5.95; Decomber, $5.7215. Flour—Steady, winter wheat, $2.00@4.50; spring wheat, $1.80@5.50; Rye, $2.00@2.85 Dry Salt, Meats—Shoulders, $1.02)¢@+.7 short clear, §5.12}¢@5.25; short ribs, - .75@ Buttor—Firm; creamery, 11@10c; dairy, 9 @150. Cheose—Quiet: full T@Sc; flats, TH@Sc; 8@sifo. Sggs—Easy ; fresh, 14@14}c. Hides—Unchanged. ; Tallow—Unchanged: No. 1 solid packed, 4@43c; cake, 4igc. m. olose— September, September, September, croam choddars, Young Americas, Receints. Shipments. oo 8,000 13,000 166,000 24,000 416,000 560,000 Oats... 246,000 178,000 New York, August 24.—Wheat—Receipts, 82,000; exports, 1i2.000: spot dull and easy: No. 2 red, S41{@S43{c in elevator, S3%{@s4c afioat, S43@s6e f. o. b.; No, 3 red, 82¢; un- graded re options dull and lower; No. % red, 8 Corn—Receipts, 17,000 bushels; spot dull but steady 43@43!4c in store and elevator, afloat; ungraded mixed, 42){@4ic; options active and lower. Oats—Receipts, 83,0005 exports, 116; spot dull and weaker; options quiet but steady; August, 2igc; September, 253gc; spot, No. 2 white, 28%{c; mixed western, 25@3jc, Coffee —Options steady and unchanged to 10 voints up; sales, 21,500 bags; August, September, $14.95@15.00; spot Rio, quiet; fair cargoes, $18.50, Petroleum—Steady; United closed at 96%(c. Begs—About steady and quiet; western, 17@18e. Pork — Quiet; inspected mess, $11.00@ Flour Wheat, Corn rd—Quiet and barely steady; western steam, $0.35@6.871¢ ; September. $6.20. Butter—Steady 10 easy: western, H@18c. Cheeso—Quiet and unsettled; = western, s@ie. Minneapolis, August 24 —Sample wheat steady to- lower; receipts, 113 cars; ship- ments 65 cars; Closing: No. 1 havd, on track, 70i¢c; No, 1 northern, o track, 75@76¢; No. 2 northern, on track, T2@T3c, Milwaukee, August 24 —Wheat—Easy; cash, 74c; September, 743 Corn—Easier; No, 3, Oats—Dull; No. 2 white, Rye—Quiet; No. 1, 42}gc. Barley—Lower; September, 5@50}c. Provisions—Firm; pork, §0.03}4. Kansas Oity, Auzust 94 —Wheat— Lower; No. 2 red, casn, 62)@02){c; August, 623¢c asked; No. 2 soft, cash, 65%c: Sep- tember, 64 Corn—Steady; No. 2, cash, 25c; Septem- ber, 23¢ bid; No. 2 white, 251¢c asked. Oats—No. 2, Septembor, 19¢ bid. Louis, August 24.—Wheat—Lower; {ci September, 74'¢@i41{c. ‘orn — Lower; cash, 8l%c; September, 1 Oats—Lower; cash, 183{c; May, Pork—Dull at £10.00. Lard—Firm at & Whisky—Steady at $1.02. Butter—Unchanged; creamery, dairy, 12@\4c. Liverpool, August 24. — Wheat — Quiet but steady; holders offer moderately; fornia, No. 1,7s Lld@7s2d per cental; red western spring, 78 2d@7s 3d; red western winter, 68 11d@7s, Corn—Quict; new mixed western, 4s 134d per cental. Cincinnati, August 2i. — Wheat — Dull; No. 2 red, 73igc. Corn—Dull and lower; No. 2 mixed, 26!4e. Onts—In fair demand; steady; No. 2 mixed, 3 @17e; Steady at $1. LIVE STOUK. Ohicago, August 24 —Tho Journal reports as follows Cattlo—Re: 2,500: market dull; beeves, $4.25(@4.60: steers, §3,00@4.30; stock- ers and feeder 003 cows, bulls and mixed, $1.00@ Texas catele, $1.60@2.4 Hogs—Receipts, ), 0N market weal 5e lower; mixed, $350@1.20; heavy, (@4, zht, $3.90@4. skips, $3.40(@4.40. 5 2, market stead, Drovers’ hansas Oity, August 2f.—Cattlo—Re- coipts, 1,000; shipments, 6403 market dull and 'weak; common to chowe corn-fed steers, $3.00@4, stockers and feeders, $1.60@3.10; cows, $1.60@2.05; grass range steors, §1.60(w2.70, Hogs—Iteceipts, 5,000; shipments, 100; market demoralized and 10@25¢c lowe £00d 1o choice light, $4.00@4.15; heavy and mixed, $3.00(@3.90. National Stock Yards: MHat St Louis, August 24-—Cattle—Receipts, 400; shipments, 1,400; market slow; choice heavy native steers, $4.00@4.50; fair to 2ood, #3.80 (@4.20: stockers and feeders, §2.50@3.00; range stoers, § 20, Hogs—Receipts, 900: shipments, 400; market slow; fair to choice heavy, $i.00@ 4.20; packing, 83.00@4.20; light grades, $1.20 (@4.40. Sioux Oity, Auzust 24. —Cattle—Receipts, 82; shipments, 2 market steady; fat steers, $2.00@3.40; ' stockers and feeders, $2.20@2.7! Hogs—Receipts, 800; market lower; light and mixed, $3.60@3.65; heavy, $3.62!{@3.07)¢. The Profligate Austrian Prince. The Archduchess Stephanie of Aus- tria is going to Belgium next month, on a visit to her pavents, and it is under- stood that she will not return to Laxen- burg, but intends to retain only the pal- ace and Island of Jacroma, in the Adri- atie, which is her favorite winter resi- dence, says the London Truth, The archduchess has avery large settlement iu addition to her own great fortune, and the Imperial Francis Joseph has made a splendid provision for her daugh- ter. The Crown Prince Rudolph left £400,000 of depts, which the emperor has paid. Nobody can understand how the prince got rid of 80 much money, as he had £150,000 a year, and Laxen- burg and his palace in Vienna were en- tirely kept up for him, The arch- duchess Stephanie could not leave Aus- tria until it was certain that no posthu- mus heir to the throne would be born, but the prescribed period buving ex- pired, all the formalities having been complied with, she is now at liberty to g0 where she pleases, . the usual summer dullness prevailed. WEEKLY BUSINESS REVIEW. A Slightly Basier Feoling Provail In the Money Market. QUIETNESS IN NEW YORK STOCKS Very Few Changes to Note i tha Leading Produoce Ciroles—Wests ern Hog Packing Shows a Good Increase. A Resume of the Conntry. Cnroaao, August 24.—|Spacial Telogram to Tk Bre.]—The only new feature to noto in the local flnancial. situation is the slightly easier fecling in the money markot. Toe de- mand from the grain interest is not up to ex- pectations, as supplies do not_ accumulate to any extent in the west, and until they do there 18 no use in looking for o large demand from that source. Thoro is an average de- mand from mercantile and miscellgneous business interests and bankers have about all of this kind of paper they caro for and their discount lines are kept down about as ciose as they wish to have them this season, Rates on call loans changed at 4}¢@>5 per cont and on time loans 6@s per cent. On the stroets loans were made at 4@4l¢ per cont. There is a mod- erate volume of currency moving to the in- terior, but not as much as at this time last year. Collections, as a rule, are quite satis- facto The recent and continued failures among New England manufucturers renders Boston bankers very conservative in their movements, and they aro likely to hold discount rates very firmly the re- mainder of the year, At New York the feeling is really firmer than it is 1n Chicago. Bank reserves are down tothe lowest point ever known at this time of the year. and bankers are growing more or less uneasy. Kates on call ranged at 3}¢@4 per cent, and on time at 5@S per vent. New York ex- change was slow and casy, and- sales ranged at 50@70 cents discount per $1,000, and closed at 60 cents. Foreign exchange was easy, with a good supply of bids offered. Shippers’ sixty days documentary storling Dills on London sold at $4.82)¢@4.88}, and olosed quiet at $4.8214@4.8297. The New York stock market was quiet during the week, with a light volume of busi- ness, especially during the first part. The latter half, however, witnessed increased trading, but it was at the expense of u lower range of values on all the leading propertie: The majority of operators were not disposed 10 trado, and most of the week the market was narrow and without important features. The opening was generally strong, and the first three days witnessed moderate gains, Cleveland, Columbus, Cineinnati & St. Louis, Chicago Gas Trust and ‘“‘Grangers’ were the most conspicuous. London was _firm, which tended to improve the feeling in Wall street. Sugar trusts developed considerable strength and ad- vanced two points on the refusal of the court to grant an_ijunction restraining the payment of dividends, Lackawanna also showed considerable strength and prices moved up fairly. The unanimous approval of the Northern Pacific directors of the $160,000,000 consolidated mortgage plan gave that stock a good send off and prices ad- vanced two points. Cotton Oils, Lead and other trusts were an important feature in trade, but with the exception of Cotton Oil and sugars the price changes small, The last two days witnessed a fairly liberal trading and @& weak market, Monoy was advanced and stock held on slender margins, and those that have been recently advanced, nawmely, Chesapeako & Ohio, Cleveland, Columbus, Cincinnati & St. Louis. ‘Grangers” and gas frusts were sold hoay- ily. Prices receded 1@3 points and the mar- ket closed: tame at a liberal loss from the last sales of the preceding week. The bond market was slow. The aggregate sales on the New York stock exchange for the week were 867,000 shares. There are very few changes to note in the leading produce markets. In speculative circles trading was only moderate and fluc- tuations in prices were confined within com- paratively narrow ranges. Outside orders were light, either to purchase or sell, and Many operators are enjoying summer vacations and there appears to be a general disposition to restrict speculative business, especially in the grain markets, Advices from abroad have shown a little more encouragement to holders, but orders from that quarter have been somewhat limited. Stock and grain abroad are comparatively light for this season of the year, but the merchants are moving cautiously until the crops have been definitely ascertained. There 1s no particu- lar change to note in the crop situation, r ports being somewhat conflicting, though not suflicient to make any particular dit en Supplies of grain n this country are gradually enlarging, as is customary wWhen new crops are moving. Receipts of grain at central western mark have bee moderately large and arrivalsat the small stations were only fair. The weather has been favorable for the threshing of small grain, and the quahty will no aoubt show some improvement in the near_ future. In the shipping branch of the trade a fair business was teansacted, but the advance in freights generally has had a tendency to slightly reauce prices, though receivers, as a rule, were enabled to dispose of their con- signment at satisfactory prices. The export movement of grain 18 far for the scason, with a good proportion.consigned direct from the westorn markets. In provisions ti feoling was weak during the early part of the week and lower = prices —were accepte Toward the close the market was stren for near deliveries and prices rallied slightly excepting. for lard, but the outside figures were not fully maintained, Seeds were more active at irregular prices und higher on all kinds except tim- othy. Recoipts of hogs, cattle and. sheep wers quite liberal at allthe principal western markets aud prices favored buyers, es- 1y on the common qualities. “The packing of the west continucs to en- large und the returns for tho 82ason now show an increase of 960,000 Logs, or over 24 per cent in number. Weekly Bank Statemint, New Youk,-August 24, —(Special Telegram to Tne Ben.|—The weekly statement of the associated banks shows the following changes: Reserve, decrease. .. $1,286,577 Loans, decrcase. teee SBO1100 Specie, decrease, 2,416,400 Legal tenders, decrease 752,000 Deposits, decrease . 7,520,000 Circulation, decrease. . 3,400 Banks now hold 2,006,000 In excess of 25 per ot 3 Exports of specie from the port of Now York last week amounted to $335,500, all iu silyer consizned to Kurope. Imports of specie for the week amounted 1o #2818, of which $18,126 was in_gold and 816,692 ‘silver. Busincss in dry goods to-day was fair for & half holiday, with the principal activity at the hands of jobbers. Agents were not so busy as on other days, feeling with increased force the buoya of trade at second hands, The feeling is consequently better and the undertone is strongei - A Clairvoyant's Olaim. Mrs. Clura G. Byrne, a clairvoyant of New Alcany, Ind, has sued Murs, ben Cheney for one-half of the reward of $1,000 offered for the fiuding of the body of Mrs. Cheney’s husband, who mysteriously disappedred last January, but whose body two months later was found in the Ohio river near Ripley, Mrs. Byrne claims that she described in overy particular the drowning of Mr. Cheney and the place of the find- ing of the body., She was consulted by Mrs. Cheney. e Lightning's Queer Freak. A queer freak of lightning occurred at Kirkwood, Ga., a few days ago. A young man named guy was struck by ightning and vhe shock was so great that it tore the eyelets out of his shoos. Strange to say, Mr. Guy was not in- jurad beyond the shock of the stroke, and is as well as ever, THE RAILWAY T IME TABLES. OMAHA. BURLINGTON KOUT Depot 10th & Mason ats.| Chicago Vestibule E Chicago Ma!l., Chicago Locai ... Denver Vestibulo Lincoln & Concordia Lo'l Colorndo Mall.... | Chicago Fast Matl Kansas Clty Expross. Kansas City Express UNION PACIFIC | Depot 10th and Marcy sts) *Overland Flyer. *Pacific | *Denver Exy | *Kansas City, Lincoin & Rontrice Express +arand Island Express. | *Papiliion Passenger. ....| *Daily +Daily Except Sunday. F. B &M V. R R Depot 1ith& Webster sts, Leave Omana. Arrive Omaha, | Omaha Rlack Hills Express Hastings & Superior Ex. Lincoln & Walioo Pass David City & York Pass. Norfolk Pas: G Fremont P\ K40 a m) 0 & m! 0 p m| 0 p om| 0 p m Enoon WABASH WE! Depot 10th & M TERN. SIOUX CITY & PACIFIC| Depot 1th & Webster sts. | Leave Omana. | Omaha, Bt. Paul Limited. MISSOURT PACIFIC Depot 15th & Wenster sts. 6:46 p m! Leave | Arrive Omaha, | Omaha, Day Express ... Night Bxpross. C.&N.W. R R, Depot 10th'& Marcy sts. Chicago lixpress, Daily.. st Limited, Daily.... .. he_Fiyer,” Daily.. ... O R.I&P. Depot 10th ‘& Marcy sts. Des Moines Accommod'n Atlantic Express. Night Express Vestibuled E: C.ST. P, M. & O. Depot 13th &' Webster sts.| Paul Limited........ lorence’ Passoriger, . *Floronce Passener; tFlorence P enger. . tFlorence Passoner... . *Daily Except Sunday. +Sunday Only. Arrive | Omana. Leavo Omaha. 0105 p m T:00 p m 70 ‘@ m SUBURBAN TRAINS, Westwa Running between Council bright, In addition to tho trains stop at Twentieth and at the Summit Trans- | Omulia depot. rd. Bluffs and Al stations mentioned, and Twenty-tourthi {n_ Omuba, Sonth | AL Omaha/bright. F rastossc bright. A | SRS COUNCIL BLUFFS, CRICAGO, ROCK ISLAND & PACIFIC B:00 pm|A No, 8, No. 1 CHI A No,2. 408 A A No, &..) 40 p miA KANSAS, 11y, ¥ AGO, MILWAUK No. 13 No. 1 No. b... No. 8. ... TERN bp EE & ST. PAUL. No. JOSErH & COUNCIL TFES, A No,12 A A )8 m|A A No 12l 0pm A AHA & ST, A Side Spring Attachment; No. 9. No. 11. \ LOUIS, NOSJWIS T ¥ no Horse Motion, MANUFACTURER. First Class Carriages on hand also built to order. Repairs Promptly Executed, 1409-14(1 Dodge St., Omaha, N HICAGO EEMALE GOLLEG i) catalogu Morgan Purk, I Park(nearChicago). Hoarding F Girls and Young IMIY ¥or| Adress G. THAY Bt LL. D. or 77 Madison Bireet, Chlcago, Il COE, YONGE & CO. —MANUFACTUNERS O¥— LKINC CANES e LERY Importers e Ritdeies ad n!.'“"l“‘.’ siegy i for hA T ey Lours, Me. 1 B i hncron v 8