Omaha Daily Bee Newspaper, January 6, 1890, Page 3

1K mmln DAILY BEE: MOXDAY. JA u\HY 6, I‘W' THE SPECULATIVE MARKETS, Government Crops Report a De- pressing Factor in Wheat. CORN WEAK AND NEGLECTED. Only a Moderate Business Trans. acted in the Provision Pit—Oattle and Hogs Again in Active Demand. CRICAGO PRODUCE MARKETS, Cnioaco, Jan. 4.—[Special Telegram to Tug Bre.|—~The government crop report, making the crop of wheat 400,000,000 bush ols, was a depressing factor in speculation today. The wheat market opened this morning weak and demoralizing, with May auoted at 82%c. 1t speedily ran down to §2¢¢, which point was bumped against sev- eral times, Pardridge bought heavily below 891¢c and Hutchinson also bought freely. Subsequently he took offerings on a large scale and he was also accredited with being a big buyer of wheat in St. Louis, His pur- chuses there were placed by some as high as 1,000,000 bushels and a number of wild esti- mates of the extentof his operations hore wore afloat, a few naming 2,000,000 bushels as the measure of his buying. 'The natural result of this heavy ¢ ted absorption of offerings was an advauce iu the market to the polnt from which the decline started May worked up fro Later 1t sagged ba g the lust tventy minutcs of the session the marketv experionced a Mmr[ boom, going und closing at S2 or only Jg@ige below yesterday's Januar) ranged at 77y and |ennn at 78c, which ‘was a trifle better than eorday, Buyers were not altogother dissatisfled with affairs. The ending wus better than they expected from the proceedings early in the day. They quite recovered their nerve hofore the clos ‘'he news for Lhe most part was bullish. Cables reflected fuir steadiness abroad. ‘The corn market was weak and dull and in u wreat measure neglected by speculators. Receipts here were (33 cars, Receipts at other points were not excessive, but accum- ulating stocks are being reported from every- where and that had 1ts effect upon to-day’s prices. Bradstreets' figures, showing an in- crease ot about 6,000,000 bushels in stocks in sight at points covered in their enumeration, helped the declining tendency, and the wenkness of the wheat market also assisted in the same direction. Speculators are also ooking for an ivcrease in Monday’s visible supply of grain of anout bushels, and point to_ the price at which No. 8 s selling in the cash markot when asked their opinion of the present prices for May. Trading was limited to the doings of the scalpers in a very great measure, but now and again a line of long corn was dropped by some tired holder. The closing prices show some recovery from the lowest point of the day, but are at about ycunder those of the day before, and as follows: Junuary 204e, February 201/c ana May 81 7e. Oats were quiet and cusy. There was mod- erate trading in May, but operators did not seom to take any interest in nearer doliver- ies, with little or nothing downg in conse- quence in the month named. The market sagged o to 22, but there was suflicient sUPPOrt At that point to prevent a decline. Tno receipts were about as expected and withdrawals from store were increased to 86,010 bushels, ali N Regular oats were " nactive at 0c and trading was con- Ained to samples. In the provision pit only a moderate spec- ulative business was transacted and the only notable feature of the session was the pur- chase by Norton & Worthington of some seven thousana barrels of May pork at around $0.70, Of this amount 5,000 barrels was sold by Wolff, who ‘“‘bunched” several orders to sell at that ori The remaining 2,000 barreis of the purchase were scattering lots. These transactions excited some coni- ment because it is part, evidently, of a large buying order which has been here for se eral days and under which about fifty thousand barrels of May pork have been ac- cumulated by Norton & Worthington, Logan & Co., and Poole & Co, Thegeneral tone at the opening was one of firmness and dealings mess pork worked up 5@7ig, going to §0.72}¢. Later a reaction of 7l @ 10c occurred und the undertoue thereafter wus casier, ugs being 2li@be below th . Lard aod ribs were weaker relatively than pork. Prices for hogs at_the stock yards were well main- tained, but a run of from 165,000 to 175,000 is Dbeing figured on for next week and this was the principal cause of the easier closing to- day. ‘The net L in both lard and rib The May future of atest weakness, The quotations for May property stood at. 3@).65 for pork, $0.00@0.02! for jard and #. b2lg for ribs. Eastern markets were steudy and only alimited shipping demand was reported. Cash sales embraced lard at 5,50, 10-pound green bams for January de- livery at 7i4c and 10-pound sweet pickled sh LIVE STOCK. Cmicaco, Jan. 4.—[Special Telogram to Tug Ben.]—CarrLe—The demand was again active and prices ruled as strong as yester- day orany day this week. There were u few Texans on the market, but not a sufi- clent number to interfere with the price or demand for native butchers’ stock, hence the same sold fully as strong as yesterday. There was a fair domandand steady prices for stockers and feeders. A party of buyers arrived from Virginia yesterday aud were looking over stock todoy. Choice to extra beeves, $4.60@5.20; modium to good steers, 350 to 1500 1bs, $1.00 190 mom 1350 1bs, £3.50024.50; 950 10 1200 1b @3.90. Stock- ers and fosders, &2, \V bulls and lmlk uw«flw Texas steers, 82,40@2.90; cows, $2.00@2.15, The'demund was active aud prices about the same as yesterday on best packers and prime heavy, while light mixea and assorted light sold aoout w nickel lower, Packers paid §3.60@3.72}¢, largely $3.70, and a_few Bominion 801 mslow 58 8%.05@8.57¢. * Ship. pers pald $3.70@3.75 for selncted heavy and i rime butcher weights sold at §.70@3.75, Jght sorts sold largely at $3.60 to 3. FINANCIAL. New Youx, Jan, 4.—|Special Telegram to Tus Hee.|—Srocks —There is much halt- ing between orinions in the stock market. “Ihere is much difference of opinion regard- {ng the money key to the situation, The pub- lic and a greater part of the trade believe that much of the apparent stringency resulta from manipulation. A fow bankegs and op- erators attempt to show that money is scarce and active. Mr, Nat Jones, since his return from the west, is not so decidedly bearish, and now he concedes that with low- priced stocks sund the money market likely to settle easier, the shorts may be forced to cover, There was not much snap to business this morning, but the bulls were successful in a small way during the early trading. The business done was very well awtributed wmong the leading ac- tiye shares, fhough bulls were more promi- uwent than usual of late. First prices as compared with those of last evening were rather irreguler but generally higher, and tho advancesextended to 5% per cent. The demand for gLoeks was so urgeut during the first few minutes of trading that everything traded in was forced up small fractions further on comparatively larges business, but the only important upwurd wmovement was in Colorado Coal, which spurted up sharply and at 437¢ was 24 per cont botter than last wight's closing figures. Trusts, with the ex- ception of Sugar, were firm with the regular list, and Sugar again developed marked weakuess and dropped from 59 to 57ig, ageinst 5914 last night. Prices reacted from the highest poiut toward the middle of the hour, but the demand was revived later and many stocks reached still higher figures aud Bugar regained the greater porion of its loss. The closing bour B bught no apecial activity to | the market, bl the firm tone continued. T'he bank state nent waa not very favoranle, | showing a smag decrcase in reserves, Money was eusior than for some time, with last loans at 3 per cent. The closing prices were about the best of the day and the bull lead- ers predicted that the time has come for a general advance, The following were the closing quotations : 1. 8,48 regular Northern Pacific.. 8 o preferred & figuroguine YO &N WL 0 prarereed Chicago & AIN)D Cl h\rnm!,llnl’lhu(hm & Juincy i n.f.ew. L mm.m.n‘-mm : ks ‘1o sretecred t.Paul & Omaha. *|” o preterrea 15 Unton Pacific L, & P, 1 iy 014 do pretorred uu higan Cet Westera Union. Missourt Pac Moxky- cent. Prise MERCANTILE PAver — 5){@7Y per cent, StrRLING Exemaxoe—Quict and sixty-day bills, #4.5); demand, #.54, PRODUCE MARKETDS, unicaso, Jan. Wheat—Irregular; Februa dc bid Corn—Weakor; January, Febuary, 20'gc; May, 3170¢, Oats—Unchunged; January, 20ic askod: February, nominal, 20ijc; May, 23@33gc Mess ~ Pork— Weake Fobruary, §0.5214: May, ory Januar, 20 o, y, ranging 8@+ per firm May, $500@h.62 s—Weaker; Feoruary, $4.6 Barley-~Nominall Rye— Prime Timov $1. Flax Seed—No. 1, nl)mllm\l\ LN Whisky—81.02. Short Ribs. —\\&\Knr. February, $1.0: Flou whent, $2.00@ rye, §2. cwt. xvmvmnm—\h.mmm, st January, $40714, ||m‘r*nu.(|‘\l : pring wheat, & buckwheat, §1 winter 54, 905 per Steady; full_cream cheddars and Bige; rmm Young Americas, 10@ llldus-hnchlmpv ; moderate sale; he: greon salted, 43¢ ,ngln green saited, 47 salted bull, 40, Tallow—Unchanged, Receints. Shipm'ts. . 16,000 16,000 L 44000 20.000 553,000 206,000 L185,000 198,000 . — Wheat—Receipts, 36,300; spot market dull and nominaily unchanged; No. 2 red, S6@sbiic in olevator, 87ic afiont, 863@sSigc 1. 0. b Options duil but closig steady; No. £ red, January, Shie. . Corn—Receipts, 129,000: spot, steady; No.' 2, 811{@401{> in elevator, 41c atloat; ungraded mixed, 27@ile. Options quict and unchanged; January closing av 89%c. Uats—Receipts, 83,000 spot, firm, Options steady: spot/ No. 2 white. 30)¢@ 2A4@30c; white weste Coifge—Options closed qlmmy ‘and 25 to 85 points up. Sales: 000 b vary, &15.55 spot Rio, firm; fair cargoes, $10.62 Sugar—Raw, firm and quict; retined, faily active and firm, Petroleum—Steady; $1.08% for Feuruary. hgg»-—Qulc;andmy western, 121305 Jan- uary, 13c bid. Butter—Weak; Elgin, 23@20c; dairy, 9@ISe: creamery, 13@: Cheese—Quiet: western, S@10c. Minneapoli, Jan. 4. — Wheat—Quiet early, bnt improved later, Receipts, 113 chrs. _Shipments, 24 cars. Closin| bard, Jauuary, 80c; February, N. 3850: exports, oxports, 50,7005 exports, 30, 10¢ United closed at western 3¢5 on track, 80c; No. 1 uorthern, uiry, Trc; February, i8ige; May, 82ic; track 79'ce; No. 2 northern, January, February, 76i4c; May, 79¢; on track, 6@ TT4c. St. Louis, Jan. 4.—Wheat—Firm; cash, 78¢; May, 82} Co Lower; cash 253gc; May, 2530, Onts—Weakers cush, 101¢c; May, 213gc. Pork—Cash, $9.621¢; January, $9.60, Lard—Dull, E 20@21e. Knniul City, Jan. . —Wheat—Stronger; No. 2 hard, cash, 63'¢c _bid; January, 63}§c bid; No. 8 h\lrd, c\lsu, 57¢ bid; No. 2 red, no bids nor offerings. Corn—Steady ; No. 2, cash, 21'¢c; January, 213¢c asked; No. 3 cush, no bids. Un\lu—No. 2, cash and January, 1814 ¢ bid. Clllunnnu. Jan, 4.—Wheat—tirm; No. 2 red, 70¢. “m;;]“ moderate demand; No. 2 mixed, 32 60. y; creamery, 18@2lc; dairy, a2 No. 2 mixed, 24c. l\(llwnukew, Jan, 4, —Wheat—Firm; No. 2 spring, on tri nck cash, 74@75¢; May, T0Jgc; on track, 271{@28c. Ciobn Faalars Na. No. 2 white on track, 2@ . Oats ~Quiot; R0 et No. 1, 1n store, Slows No. 8 in stor! Provisions—Firm; pork, $0.921. Liverpool, Jan. 4—Wheat—Quiet; des mand fallen 'oft; holders offor _moderately. California No. 1, 78 41¢d por cental. ‘Corn—Steady’; demand poor. LIVE STOUK Onicago, Jan. 4—The Drovers’ Journal reports ns follows Cattle—Receipts, 8.500; market steady and strong; booves, $.00@5.20; stockers and feodors, $2.20@5.10; cows, bulls and mixed, #1.40@3.20, Hogs -Heceipts, 19.000: _steady; mixed, £.054875; hoavy, #3.50@.70: ligh, $0@ Shnop-—-lwwlptl, 4,000; shipments, 1,000; market steady ; natives, . 50@>5,60; western corn-fed, #.50@5.40. Sioux City, Jan. 4.—Catile—~Receipts, 200; shipments, 150; market dull and un- changed; canners, 75c(@#$1.20; cows, $L.00@ 2,15;8tockers and foeders, $1.50@2. Hou.—l{ewnpu. : 00 mnrk«l 8 my for good, others we: lig B2@3,573¢ 3 heavy, $3.50@3, M‘g ,mlxed. 0 5(@3.523¢. Kat s Oity, Jan. 4, —Cattle—Recaipts, a,sw, shipments, 1,0005 monr natives, 5(a4, tockers and feeders, §2.30@3.10. Receipts,710; shipments, 100; strong; 3,50@3.55; bulk, £3.55. k Yardi, East St Receipts, 400; lhlpmunu. nw, warket strong; fair to fancy native steers, $3.40@3.45; stockers and feeders, $1.90(@5.20. Hogs—Receipts, 2,800 steady: heavy, 83.50(3.6: 8.00; light, $3.40(@3.55. OMAHA, WHOLESALE MARKETS. Graceries, Produce, Fruits, Ko, bnn!—-blrk.lly fresh, 91@25¢; cold storage, ve. Hipes, Peurs, TALLow, Eve,~Green salted hldu. 4-“0' Ni ?g 8. hides, 8ige; dry fliny S5@ies calf hides, 41{@4}gc; damaged hul S0 less; sheep pelts, green, eacn, 250@ m)' shoep pelts, dry, y, bor b, 7@181g0: tal- low, No. 1, 4c; No. 2, 8@3}go; grease, white, d@dgo; ynlluw 234 @3e, Butren—Creamery, fancy, 23@35¢; choice, 20@21c. Dairy, fancy, 15@170; choice, 14@15¢, Country, Iuncy 4@150; good m cholu, 12@ Tde; fair, 10@1io; tnferlor, 0@ Plunu-—Mod um per b ‘500. 1, $0.00; l!%Inn-kln-. $7.00; C & B chow chow, qts, 85.85; pts. $3.35, Sanmw for choice. NIONS . UER KraUT—Bbls, $4.75; half bbls, ‘186. cut loaf, cube: GARS—Out loaf, B3 Sigo: standard, vowdered, “Bigos XXXX, gr-mlllwd standard, 'lxo. shipments, 2,400; packing, “«45@ powdered, ¥¢; confectioners’ A, Ti{c; white extra C, 6igc; ux:.;l CLNol}r" 630; awmber, 6%c; California golden Beer ToxGUEs—Salt, bbls, $20.00, HAY—$5.00@6. Onor Feen—§12.00, Brax- $10.00, Conx—1be, Oars—17c. VEaL—Choice, medum size, 5@bc; choice $L50. visioNs—Hams No. 1 16-1b average, 22.10m, 8104 roak fast bacon, No. 1, Siyeq 93 dried boef hams, 8¢5 beet tonguas, $6.00 per dozen: dry salt meats, bl @5'gc per Ib: ham roulets, 63c; add 1¢ per 1b for small Jots. Mess Ponk—Per bbl, $10. BANANAs ~According to li'c, per bunch, £2.00@3.00, Burrerive—=Tubs, 13¢; rolls, 14c, Cocoaxvrs-—Per 100, $5.00. Arrre Burren—Oe. CinER—HBbls, §.50; bf bbls, .00, Mar $@100 per 1b. CANDY per | CRAND PRI IR s—Cana Cod, $10.00@11.00. ses—Fjori da, per box, LouR—Per bbl, average, 202 shoulders, 5 DU 1\1! i modium, od, average, 20 rmmh nvcrm(\‘ 14(@ 10 ’r, per b, $2.50@ Wkutk, Fat. 25@60c 95@@s0c; deer skins, fail, per winter, 12 —Cholco hand picked navy, $1.76@ choce hand picked medium, 8165 choice hand picked country, $1.50@1. country, §1.50@1 60; iuferior coun badger, rat, Ib, 1¥@27e; mallard 2. 003 >rairie chickens, £4.00; 50; mixed ducks, £1 : Jack snipe, $1.0001.25; quail, K rabbits, '§4.00(@4.50: small g squirrels, $1.00621.103 son suddles, 11@1scs £5.00@7.50; choice, $3.50 Lery—Per doz, 30c, AP Es— 82,00, 15(@4igc per 1o, HVE POLISH— Biroovs —4 tia, £3.50; comuion, $1 LAitn— Tierces—1 G4C: kettle rendel for smallee quantiti FARIN:CEOUS Goons—Barle farinn, 41ge: peas, Se: oat mes macaroni, 1le; vermicelli, 1lc: K@ : sago und’ tapiocn, 0@7e; lima beaus, per gross. 2.90; stablos, 4 puree leaf, Mll Jhe to k — Roasted — Arbuckle Co: MeLaughlin's XXXX, 24% ; Dilworth, 2414¢; Alaroma, 245c. i—Green ey old old p . 281 ge: Kio, ehoico to Rio prime, Rtio, good, 19c; Mocha, 99¢; Juva, fun Java, £0od interior, 24 CANNED Fisi—Brook trout, 3 1 mon trout. 2 I, £.25; clums, i 1,81 clams, 2 1, clam_chowder, 3 1b, § dwnm crabs, 1 b, $2.25; deviled cravs, 2 Ib, #3.50; codfish \mlls‘ m, §1. § cels, 1 1b, £3'40; lobsters, 1 Ih, lobsters, 2 th, $2.95; lobaters, deviled, 3¢ b, $29.5; mackerel, 1 1h, $L75; mackercl must- ard !L\\lcc, 8 1, $.00; mackerel, tomato sauce, 3 1b, $2.60; ovsters, 1 1h, $1.103 o tors, u». b salmon, R, 1 1b, 31 saluon, bl 1, $2.80; salmon, Alus) 1, $1.65; !\llmml Alaska. 210, $2.63; shrimps, 1 b, §2.60. DD Fiurr—Currants, now, 6¢; prunes, casks 1800 1bs, 415c; prunes, bbls or bags, 41{c; citron peel, drums, 20 Ths, 24c; lemon peel, drums, 20 1bs, 20c; fard dates, boxes 12 Tus, Yc; apricots,” choice evaporated, 14c: apricots, jelly, cured, 25 Lb boxes, 15¢t apri- cots, fancy, Mount Humilton, 25 b box 16e; spricots, choice, bags, 80 1hs, 141¢ ples, evaporated, Alden, 50 1b boxes apples, star, 8%c; apples, fancy, Alden, 10¢; apples, Tancy, Alden, 8 1h, '103gc; blackbereies,” evaporated, ¢; cherries, pitted, dr, L Ariosa 140 pears, : peaches,Cal. No. 1, 5o, unp bags, 80 1bs. 15c; nectarines, rod, 14c; nectarines, silver boxos, 15¢; pitted plums, ' Cal. 25 Ihs, boxes, 81¢c; raspborries, evap, N. Y., new, 2 prunes, Cal, R G, 90-100 boxe: bs, pruncs, Cal, R C, 00- @ peel, raisins, California Londons, crop $2.25; raisins, Cal, 100se musc: £2.10¢ Valenclas. 1883, _B}go; Valencias, m,\\' Cal. serdless, sks, T ‘NuTs—Almonds, Brazils, 12!4cf filberts, 124gc: pec: walnuts, 12}es peanut cocks, 8kc; roasted, lles Tennassoc Peanuts, 7e, =—Bologna, 4@43e; Frankfort, 73 summer, 20c; headcbeese, 6e. P()Ul'rln—Lhu/keus‘ per doz, live hens, $2.25: spring, @2 dressed, @so; turkeys, live, 8@10c ducks, live, per doz, $2.50@: Ib, 9@11c; geese, live, per doz, $8.00@d.00; dressed, per 1b, B@jc. APPLES—Per bbl, £2.00@2.2 choice, 00. MiNcE MEAT--20-1b cars, 7. Ho~NEY—15¢ per 1b for choice. PRESERVES—01§(@10¢ per 1b, JELLIES—4@4150 per 1D, Beeswax—No. 1, 16@ CHOCOLATE AND (o German chickory, red, Sc. Pias Frer—Yickled, kits, 7! rongues, kits, §2.35; pickled tripe, luts, 65c; pickled H C tripe, kits, 85c; spiced DIgs hocks, kits, $1.15. CHEESE--Young Americas full cream,12}4c; actory twins, 11@12%c; off grades, T@Sc: Van Kossen Edom, $11.50 per doz; sap sago, 23¢4 brick, 12}¢e; limburger, 11c; domestic Swiss. 13@14c. WrAPPING PAPER—Straw, per lb, 2%4eq rae, 2'5e; manilla, B, d@oifc T i Baas—Union Square, 35 per cent off list. SaL A‘—Dnlry. 280 los in bbl, bulk, #$2.10; best grade, 00, 58, $2.30; best grade, 100, 3s, S‘lll best grade, 28, 10s, §2.20; rock salt, $130; dairy salt, Ashlon, 56 Ib bulis, 224 1b bags, $3.25; common, KrLoun tate, $4.00@5.00; fancy, 5.40. Fisu—Dried codfish, 4}{@3c; sealed her- ring, 26c per box; hol. herring, dom., 5ici Hauburg, spiced herrimg, $1.50; hol. herring, mackere!, No. 1 shore, $11.50; $13.50 per 100 1bs; white fish, No. 1, $7.00;' family, $2.75; trout, $5.25; 50; ‘anchovies, § Ors—Kerosene—P. W,, 91ge; W. W., 125 headlight, 12!5c; gasoline, 74 1ard, No. 1, 44c; No. 2, 40¢; salad oil, $1.35@9.00 per s@10c; ‘e per bl + spioed pigs HH@ dozen, Soars—Castile, mottled, per Ib, castile, white, per Ib, 13@15c, 1wines BiNpens' TWINE— Hf. & Hf. 14c; manilla, 15c. CroruesLINEs—Cotton, 50 ft, $1.17: cotton, 60 fr, $1.35; jute, b0 fr, 90c: jute, 60 ft, $1.00. Cor1oN I'WiNE—Fine, 20¢; medium, 19c; heavy nemp, 14¢; light hemp, 16c, Sa1n TwiNe—8, sall, 20c; Calcutta, 1403 manilla rope, 14c; sisal I'DDB 11}g0; new process, 8kge; jute, 9 lje; couton, i hide rope, 17¢. Drugs and Chemicals, Acip—-Sulphuric, per pound, 2bc; oiric, per pound, bic: oxalie, per pound, l4c; tar- taric powdered, per pound, 42; carbolic, 87 @#e. AvLuvm—Per pound, 2}o. Aullnxu—(,nrbonnlm per pound, 11c. ARROWROOT—Per pound, 15¢, Bavsam—Copaiba, per pound, 63¢; tolu 53 @bbo. Borax—Refined, per pound, 10¢, Brue VitroL—Se, CaMPHOR—420, CREAM TART, o, Lu1'r 1) INI)100~1EC Inseor PowbeERr—43c, MonrrmiNe—$2.55, Op1UM—$3.60. UININE—4TC. Rock Sarrs—27¢. SAFFRON AM.—Bdc, SAFFRON SPAN—$1.07. SaLTrETRE —Se. SurLrnun Frower—ie, Sova, Br-Cars.—fe. SILVER-NITRATE—$1.20, Waite Wax—b20, YeLLOW Wax—iZe, Lixseep OiL—b0c, Laxseen—Raw, bic. Carror OrL—No. 1, §1.24. SeerM Ou—$1.10, TURPENTINE—bd0. Nearsroor O1L—No. 1, 57¢ — Memory Doctor Wanted, New York Weekly: Caller: “‘Are you the memory doctoi?” Professor: ‘I am a professor of the science of——" **Yes, I know; you fix up memories,” “In common parlance, yes.” “That's what I heard, Well, I want my mem- ory doctored.” ‘‘That’s very easily done. All yeu have to do is to adopt m? system and in a little while you 11 get 0 you can remember anythin atall.,” My stars] That isn’t what want. I want my memory fixed so I cant remember anything. I have been called as a watness in a boodle trial,” 13 1o 14-1bs, 1065 | cotts and | | much over 40,000 tons, | falling off has PITTSBURG El lRON OUTPUT. | Somecwhat Greater in} 1880 Than in 1888 —Interesting kiguras, Prrrspuna, Pa. Jag, §.—According to the best information obtainable output of iron and steel in ths Pitts- burg district was somewhat groater in 1880 than during 1888, The averago number of days worked last year was about 270, on double tueny and the oat- put of inished products was upwards of 6,000 tons o day, mdlking a total of 000 gross tons of 'steel and iron. most of any ond material was iron pi daily ran rom six pipe m 1,400 tons, which would be 4000 tons, Next were the steel rails, aggregating 275,000 tons. . The third was the structural material, about 161,000 tons. About four-fifths of this was turned out by the Carnegie firms, and about two-thirds of it was of sterl. The least among the trading grades was the railway rolling stock supplies, being altogether not The greatest been in nails, The amount for each of the last two years has not been over 75,000 kegs, made b two firms, whose factories of chines in both have a capaciyy of § kegs o year. The pig iron produ Will reaeh about LOK000 tons.as ngninst something over 800,000 i 1888, This for Allegheny county alone exceodsuny state in the union save Ohio. As for 1800, improvements are in pro- gross and othors aro in cortemplation, but nearly all are designed to increase the pig iron output which has alw been short ofy ne demand of finished stock. Thot0 are not over 2,000 tons on hand in the d Niw 5,—The Thomas Iron company has fixed its prices for the first six months of the y u.muk\uu u rate of #20a ton for 13 $19 for 2 X, as against $18 and “l for the responding period of last vear. The present ;.:nml condition of the iron trade offsets to some extent the poor prospects of the coal trade, and tho awanna and Lehigh Val- xpect to make up some tho transpor- tation of iron. The enhanced price of iron in Kurope will lessen the importa- tion 1nto this country und cause a heavier consumption of the home pro- duct. The Reading people have secured the act for supplying the Manhattan Elevated with 200,000 tons of broken coal during the year. For the last tive years the contract has been filled by H\nlmh\gh Valley road. The Read- ing’sbid is stated variously at $3.46 and $3.53 a ton. Broken coal is sold in the market at $3.80. ailrond —-— A great bencfit hus been socured to the poor by the introduction of Dr. Bull’'s Cougi Syrup; for itnow only takes 25 cents to cure a cough or cold. Anybody troubled with: rheumatism, neu- ralgia, SUTl neck, or anv pain or achc shou procure a bottle of Saivation Oil at on Price 25 cents, OPEN HEAHTH STEEL A Process Which Will Revolutioni Steel Making. An experiment has just been success- fully concluded at ti Premier Steel works in this city. the vesult of which has been awaited with intense interest by steel manufacturers who have been aware of what was being done. A News representativo called at the works this morning, says the Indianapolis News. Superintendent Blair was absent,having gone to Pittsburg, but Assistant Super- intendent Samuel . .-Morris wils found to be heavily laden with interesting informution. “Yes,” he said, “we have been test- ing the new method of making open hearth steel by whdt is known as the direct process, You ave to understand that there are two chief kinds of soft* steel, the open hearth and the Besse- mer. The former is everywhere recog- nized as the best made, but its manu- facture has always been so expensive that 1t could not competd successfully with Bessemer steel. For a long time practical steel-workers have been try- g to improve the open hearth process, g0 thut it could be cheapened. Many thousand dollars have been spent in expsriments. Not long ago it was be- lieved the discovery of a simple and cheup process had been made, and the Pittsburg capitalists, who had furnished the money and own the patents, detor- mined to give it a practical test. “The Premier Steel company ar- ranged to try the experiments here. In our first heat the success was away beyond our expectations, and the second was. equally satisfuctory. This result is of tremendous importance. It conclusively demonstrates that opon hearth steel of the finest kind can be manufactured by a sumple direct pro- cess, which makes it vastly cheape than Bessemer steel, It will revolu- tionize the steel industry. Bessemer steel has had itsday. The Premier company will be the first1n the world to use the new process. 1t will pay the Pittsburg company a royalty on the steel.manufactured, and will have the exclusive right toa large part of the territory of the United States. At present no other plant will use the pro- cess, “Our first experiments proved so suc- cossful that today we have the fucnuces fully charged, and the ingots will be shipped to the bloom mill at New Al- bany. We now have two eighteen-ton Stemens-Morton furnaces, but as soon as we can get the plans rcu.dy we will go to work to erect eight more. We will also immediately begin mhc erec- tion of a bloom plant and all the machi- nery necessary toturn out mcruhnutublu steel at the rate of 1,600 tons per e{ No time is to be lnst, and when we hcg n work on these extensions they will be pushed to completion inside of ninety days. It mu{ be interesting to note that we shall make the entire bloom plant right here in the mill, all the castings even, being tuvned uut of our own foundry, Until! Wwe get this plant into rurning order we ‘will continue to ship our ingots to the Ntiw Albany bloom mill. We are using gagin our furnaces, with great success, though it was freely predicted thut it wondd not answer the purpose. We use artifiéial gas, which we make ourselves. 'Natural gas would do ns well, but we have' the plant al- ready here and our Ply is reliable as long as we have coul, I we had natural gas and the supply should run low some day it would cause us hnavy loss.” S‘How many men will. the works em- ploy when complote !’ “From 1,200 to 1,600.0¢We will bring a fow skillod workmln‘h'um Pittsburg, but will give Indianspolis men the preference when possible, Yes, this is one of the most important steps ever taken in the production of steel, The Premier company is the sole owner of the plant and there has been no recapi- talization of 1t, The DPiutsburg com- pany furnishes the men to dircet the operation of the mill. and will have churge of it until the contemplated im- provements are made. I will likely re- main here, at least, until I am sent by the Pittsburg company to build a plam similar to this at some other place.” o iy The Price of Wheat. The best authorities in England arve of the opinion that the price of wheat will remain low for some time to come. A month ngo it was thought that the rice would move upward, but accord- 1 to the latest circulations a drop is te as probable as a rise, According the | | rest. to the Economist of December ‘.!I the vield of the united kingdom was about 71:.01“,0‘!! bushels, and ns the annual consumption at five and a half bushels par head s 200,000,000 the quantity re- quired from outside sources will be 125,000,000 bushelsor thercabouts. United States has a surplus for export of 110,000,000 bushels, and Russia, India and Australin can readily supply The Economist does not take a hopeful view of the future pparently our farmers will have to nm\uv their book” for growing whent at about 30s a quarter for some years to some, except in the event of a quite un- nally failure of crops, which not safe to count on now that we draw our supplies from so many parts of the world in which harvest is going on nearly all the year round. * * ® There isabundance of evidence to show that wheat growers in the United States, Canada and South Amer- ica have felt the strain of low prices as sevorely as British growers, and in tho course of a few years it is probable that the production of wheat, rolatively to population, will be less than 1t is now. Already it is so in the United States and C Anud'l and it has been 8o in Aus- tra lhnu;:h prices in that part of the \\mlnl ra by poor harvests, have lately caused a reaction. Our farmers, thon, should takeY courage, making up their minds to adopt the cheapest methods of production until the severity of the contest they are now waging abates to some extent, and then to reap the reward which will fall to those who hava proved themselves the fittest in the struggle for exist- ence. e peptic troubles? Take rsaparilla, which has velieved and will cure you. Sold by Do you have d Hood's S: thousa druggists. —— HAMPZRING LEATHER MAK:ZRS, A Point Whers th 'l‘llrlll" ®ds 1o Be Mend d. Boston Commerc Bulletin: The stendy increase in the exports of Amer- can leather is one of the bright spots in our foreign trade. The latest treas- ury statistics, for the month of October, show a steady increuse in the exports of shoes una leather, especially of upper leather, over tho same month of 1888, During 'the ten months ending October 31, we exported in shoes and leather #00ds to the value of 82,990,126 against $8,363,756 during the same ten months of 1888, The increase in upper leather alone was #500,000, the value of the upper leather exported in ten months being $2,041,92 I'he total annual value of the pro- ducts of the menhaden fishery 1s be- tween $300,000 and $400,000. Yet for the sake of the political activity of the unthrifty gentlemen who press menha- den oil the valuable export trade in leather is threatened with serious dam- age. Upper leather is now with degras, the grease e wool when washod for spinning. This wool grease is extracted from the wash at the wool scourers, reduced and im- ported here in considerable quantities. The d imposed on it bas always been 10 per cent as a grease, It does not take the place of menhaden oil becavse it produces u different leather, The finish given by it.is nece for such leather as we export, and menhaden oil will not produce the same effect. We do not produce degras except in small quanti- ties. A few of the Providence mills e the grease from the water in which wool has been washed, but the amount thus produced isinconsiderablo, and the producers do not demand pro- tection. We do not produce degras 'n this country because it does not pay, the American nnnufacturer usifg a larger pru[luruon of light shrinkage und washed wools than the foreigner, An appraiser in Chieago has just re- classified this wool greaseas an ox- pressed oil and set a duty of 25 per ceat upon it. The senate bill which forms the foundation for the deliberations of the present ways and means committee makes the duty on this substance lc a pound, about 50 per cent ad valorem. Here, as in carpet wool, is another case of protection mad. To produce certain resuits c 0 wmaterials must be used. Something slightly different will not do, and if a prohibitive tariff prevents the importation of the suitable foreign raw material, the domestic finished product simply will not find a mairket. There is small wonder that Chicago and Boston tanners, curriers and ehoe manufacturers have protested, regardless of party, against this pro- posed ridiculous duty, If there is to be any change it should b the vemoval of the present duty. Theannual import is about 10,000,000 pounds and with the desperate competition that Ameri exporters have to meet, an increase of one-half in the cost of this material by a useless duty would be no_inconsider- able burden. The proposed tax would make an additional burden to tho tan- ning industry amounting to $65,000 to $100,000 per annum. “The Boston petition in_opposition to this duty is headed by William Claflin and Thomas E. Proctor, the best indica- tion that men of all political and econo- mic opinions are united againstany such blow to tho leather trade. It has been very generally signed, as indeed has the Chicago petition, and it is to be hoped that the ways and means com- mittee may see their way towards the correction of the unfortunate error of the senate tariff bill introduced at the last minute by Senator Aldrich of Rhode Island under the mistalken belief that a heavy duty on degras would in- crease the demand for the products of the Menhaden Oil and Guano associa- tion, m:ulo, largely acted from Ll ey We are the People. Business men from Nebraska for Chi- cago, Milwaukee and all eastern cities will please nots that by the new time schedule (in effect from and after No- vember 17, 1880), they oan arrive at Omaha‘about 4 p. m., can do business or visit with Omaha merchants and friends {for nearly two hours and can then take the through Pullman sleeping car of the Chicago, Milwaukee & St. Paul railway short line fast train at Omaha depot of the Union Pacific railway at 6 p. m. (supper served on dining car leav=- ing Council Bluffs at 6:30 p. m.), and arrive at Chicago at 9:80 a, m. (break- fast also served on dining car), in ample time to make connections with the fast mornlnz trains from Chicago on the rincipal eastern and southeastern ines; or (I desired, passengers for the east can remain over in Chicago a few hours for business or pleasure and re- sume their journey by the afternoon fast and limited trains of all the eastern roads. In aadition to the lom‘iolng. another through short-line train leaves Omaha daily at 9:15 a. m, and Council Bluffs at :40'a, m., arriving in Chicago at 6.50 a, m,, mnkhng close connection with the express trains of all eastern roads. 'or tickets and further particulars apply to the nearest ticket agent, or to F. A. Nash, general agent, 1501 Farnam street, Omaha, Neb. —_——— Who the Sultan le. 1 read last week with interest a letter from a Turk that appeared in a con- temporary. The writer is incorrect in suying that tho present sultan is in- sane aund that there 18 a strong party desirous to replace him by the ex-Sultan Murad, who has recovered his wits. The | { his reputed father. the | | take bribes, Murad wns never mad, but he was always drunk, says Labouchere in Lon- don Truth. Possibly he has wot been allowed an unlimited supply of liquor of lato and is, therefore, more frequently sobor. The present sultan is the son of a Kurd slavo who was in the harem of His real father, it is believed, was an Armenian conchman attached to the court. Far from being mad, he has all the sharpness of an Armenian, Heo is an abject coward and he solf, s ho is as ‘re ns any The writer of also alludes eulogistically to the iate Midhat Pasha, Evory one who resided in Constantinople during the career of this worthy is aware that he was one of the vilest among the vile. dy the letter Save Your Hair nseof Ayer's Halr Vigor. haration has no equal as a It keeps the scalp clean, cool, nd preserves the color, ity of the hiair, “I was rapidly bocoming bald and ray ; but after using two or thres jottles of Ayer's Hair Vigor my hair grew thick and glossy and the original color was restored.”"~Melvin Aldrich, Canaan Centre, N. i1, o time ago T lost all my hair in quence of moasles, After due waiting, no new growth uppeared, then used Ayer's Hair Vigor and my Dair grow Thick and Strong. It has apparently come to stay. l'|m Vigor lsgvidently agreat aid to nature,” . B. Willian Floresville, Texas. I have used 's Hair Vigor for the past four or fi ears and find it a mnn( satisfactory d: ing for the hair. It is all T conld desire, being harmless, oausing the hair to retain its naturai color, and requiring but a small quantity to render tho hair casy to areange.”— Mrs. M. A. Bail 9 Charles street, Haverhill, Mass. “T lhave been using Ayer's Hair Vigor for several years, and believe that it s cansed my hair to retain its natural color.”"—Mrs. H I\m.v Dealer in Dry Goods, &c., Bishopvilld, Md. Ryer’s Hair Vigor, PREPARED BY Dr. J. C. Ayer & Co., Lowell, Mass, Bold by Druggists Perfomers, SHROEDER & DEAN, GRAIN, Provigions = Stocks Basement First National Bank. 305 South 1 Hll Street, - ¢ nhaj OMME:(.CIAL NATIONAL BANK. $400,000 40,000 Capital, - - Surplus, - - Officers and M. Hitcheock, M. Anderson, 9. A, P, Hopkl s probably making & purse for him- | pasha to | Bpecialtien - Buttor, | 1112 How | KILPATRICK KOCH DRY GOOD: NEBHASKA NATIONAL BANK U, 8. DEPOSITORY, OMAHA, NEB. Capltal......oeoo.. .$400,000 Surplus Jan. 1st, 1859, 52,000 OFFICERS AND DIRECTORS: Hexny W. YATES, President, Lewis 8, REED, Vice President. llm:(lllh Cashier THE IRON BANK, - i Banking Business Transacted. ~ WANTED n N COUNTIES,SCHOOL DISTRICTS, WATER N.W. Harris & Company, Baskers, 163165 Dearborn Street, CHICAGO. KII!KI'ANDALL. JU\I'«S & C Wholesale Mannfacturers of Boots & Shoes Agents lu&l:numn Rubber 8hoe Co., IIV' lllu and 1106 . 12th and Farnam Sts. IS3UED BY CITIES, Correspondencesolicited. ¢oMBANIES, ETC. 70 Btote Street, BOSTON. Buccessors to Reed, Jones & Co. rney Birest, Omahis, Nebras Brewers. STORZ & ILER, Lager Beer Brewers, 1581 North Eighteenth Street, Omana, Nebrasks, curnloe. EAGLE UIJRNICE w ORKV Manufactarers of Galvanized Iron Cornice Window.caps and metalilo skylizhts. John Kpenoter, Dropristor, i and 110 Bouth 0t sirect. = — TCLARK SIEAM HEATING COy Pumps, Pipos and anle Steam, waler, raiiwa) mining_su U005 ans o3t Fatuann Hiroct oma U. 8. WIND ENGINE & PUMP CO., Steam and Water Sunnlm. Hallidey. wini mills, 01§ and 80 Joncs st., O cting Manager. BROWNELL & CO, Engines, Boilers aud General Machinery, Bheet-iron worl leam pumps. saw nm-. WIs1215 "Leavenworth sireet, Omabs. Iron Worke, 2 PAXTON & VIERLING IRON WORKS, Wruuzm_ann Cast Tron Building Work Kaginor Lrass work, genoral foandry. machias, and and Tith street, Omaha, OMAHA WIRE & IKON WORKS, Manafactarers of ere and Inm Raillm Dask rails, -man-.,u- Are Bigiis, "TOMAHA SAFE & IR(IN W(JHKS Manf'rs of Fire and Burglar Proof Sares. ulte, Jail work, iron sbutters hullroch . brop . Cor-Lith aud Sakaoh Keke eh, Doou, Eto, A. DISBROW & (O, Wholessie menufasturers of 8ash, Doors, Blinds and Monldings, Branch bioe, 1218 and sard sireots, Omaha, N EOUTH OMARA. » UNION STOCK YARD CO., Of South Omabs, Limited * Chicago, Alrloulhlml lnmlemoml l ININGER & METOALF ( 'O, Agricalt'] Implements, Wagons, Carriages Buggies, efo. Wholessle. Omaha, Nebraskn. l(l'l.\H. MILBURN & STODDARD LU. Manutacturers and Jobbers (n Wagons, Buggies, Rakes, Piows, Ele Cor. 9th and Pacific strects, Omaha. __Artists’ Materlals, A, HOSPE, I, Artists’ Materials, Pianos and Organs, 1613 Douglas atreot, Omaha, Nobraska, __Boots and Shoos._ “' V. MORSE & L(? Jobbors of Boots and Shoes, 101, 1308 1105 Dougias atroet, Omaha. Manufactory, Eumer siroot, Hoston, "o < Ooal, Coke, Eto. JAMES W, THAT HER COAL CO., | Miners and Stippers of Coal and Coke. OMAHA COAL, COKE & LIME L'()..— Jobbers of flard aud Soft Cna‘. I\I"HR ASK. ‘l FUEL ((). Shippers of Coal and Coke, 214 South 13th street, Omaha, Nebra: Commission and Storage. _ RIDDELL & RIDDELL, Storage and Commission Merchaats. 4as, chaes uitey, game. i ab. A clnaru. ARMSTRONG & €O, Wholesale Ciars. 08 North ¢th Street, Omaha, Neb, ““Hello" 1439, e ey __Dry Goods and Kotlons, _ M. B SMITH & Co., Dry Goods, Phrmsmng_(inqtls and Notions oy Imgoriers & Jobbers in Dry Goods, Notions Gents' Furnishing Gools, Comnor lith and Warney o0ts, Omana, WtfllBSfllE Deal m‘s IIl Plll‘lllllll‘& Farnam stroet, Omaha, Nobraska. CHARLES SHIVERICK, Furniture, Oainho, Nebras) ... Groceries. MeCORD, BRADY Wholesale Grocers. 13th And Teavenworth stz2ots, Omaha, Nebraska. Hardware. W.J. BROATCH, Heavy Hardwars, Irun and Steel. HIMEBAUGH & TAYLOR, Builders' Hardware and Scale Repair Stop Mechanies Tools and Buffalo Sosles. 140y Dougias street, Omaba, Ne Lumber, Eto. JOHN A. WAKEF IELD, Wholesale Lumber, Btc. Tmported and American Portiand, Cement. for Milwaukee Hydraulic Gemont and Quincy White Lime. CHAS. R. IJ'J'A. Dedler in Hardweed Lumber. Woud carpets and par 9th and Duglas streets, ka. OMAHA LUMBER 00, All Klmls of Building Material at Wholesals et and Unfon Pacific track, Omaha. LOUIS HRA[)FORD, Dealer in Lumber, Lath, Lime, Sash Doors, eto. Yards—Corner 7th and omoe Corner Dou State FRED. W. GRAY, Lmber, Lime, Cement, Etc., Etc, Corner $th nnd Douglus streets, Omaa. 0. N. DIETZ, Dealer in All Kinds of Lumber, 13t and California streets, Omaha, Nebrasks, Mll|lnary nnd Notion I. OBERFELDER & CO., Tmporters & Jobbers in Millinery & Notions 203, 710 and 212 South 11th street. 3, l}ollonn. 7.'T. ROBINSON NOTION CO., Wholesale Notions and Furnishing Goods, 1124 Harney street, Omaha. AR SOl ST CONSOLIDATED TANK LINE 0., Wholesale Refined and Lubricating Oils, Axle Grease, otc. _Omaha. A, H. Bishop, Mar " GARPENTER PAPER €O, Wholesale Paper Dealers. a nice atook of prin:iog, wrapping and writh o Shocta abinilon wrron b Chrd papare A L DEANE & COw Genoral Agonts tory, Hall's Safes, * 821 and 823 South 10th 8t., Omahs, H. HARDY & CO., Jobbers of Toys, Dolls, Albums, Fancy Goo? L ! hl Goods, Children's Carris, Houte Kl et Oanm: Mo —TH B CHICAGO SHORT LINE OF THE Chicago, Milwaukes & St. Paul R'y, The Best Route from Omaha and Councl) Blaffs to ——— THE EAST TIwo WAINB %ILY .'TWIII! OMAHA UNCIL B —AND— lllwlulea. Bt. Paul, Minneapolis, Cedar Rapids, Rock Island, Frecport, Rockford, Clinton, Dubuque, Davenport, Elgin, Madlson, Janesville, Beloft, Winona, La Crosse, 420 all otber importapt f""‘" East, Northeast sud Joz through okat call gn e Usket ageat, m “é"" otk or'at Ui ! ::gk AT Py sud ever engers by m employes % YT nunl Manager. jeueral Passenyer snd Mn General Passenged Baveriniondens